Charity reglstration number 1133870
SHIRLEY METHODIST CHURCH
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

SHIRLEY METHODIST CHURCH
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Caroline Hague
John Adams
Julian Bache
Louis Beaumont
Ann Butler
Jill Dunwoody
Gina Fletcher
Jean Hamilton
Stuart Hollis
Ruth Low
Pat Lowe
Jean Meeson
Nicholas Mund
Margaret Pike
stella Staight
Bill Russell
Hilary Wlson
Barbara Boffey
Charity number
1133870
Independent examiner
Thomas and Young Limited
Carleton House
266-268 Stratford Road
Shirley
Solihull
B90 3AD

SHIRLEY METHODIST CHURCH
CONTENTS
Page
Trustees report
Independent examinerfs report
Statement of financial activities
Balance sheet
Notes to the financial statements
9-17

SHIRLEY METHODIST CHURCH
TRUSTEES REPORT
FOR THE YEAR ENDED 31 AUGUST 2024
The Trustees present their annual report and financial statements for the year ended 31 August 2024.
The financial statements have been prepared in accordance wrth the accounting policies set out in note 1 to the
financial statements and comply with the Charity's goveming document, the Charities Act 2011 and "Accounting and
Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
102)" (effective 1 January 2019).
Objectlves and activftles
The purposes of the Methodist Church are and shall be deemed to have been since the date of union the
advancement of the Christian farth in accordance with the doctrinal standards and the discipline of the Methodist
Church- any charitable purpose for the time being of any Connexional, district, circuit, local or other organisation of
the Methodist Church- any charitable purpose for the time being of any society or institution subsidiary or ancillary to
the Methodist Church; any purpose for the time being of any charty being a charity subsidiary or ar￿Illary to the
Methodist Church.
The Mission Statement of Shirley Methodist Church
The calling of the Methodist Church is to respond to the gospel of God's love in Christ, and to Itve out our
discipleship in worship and mission.
Our purpose is:
Worship= Celebrating God's activity in our lives, the church and the worfd.
Outreach: Caring for and supporting individuals and communities.
Welcome.. Embracing all in spiritual and social activities.
In addition, we endorse a statement suggested by the Inclusive Church network.
We believe in inclusive Church - Church which does not discriminate on any level, on grounds of economic power,
gender, mental health. physical ability. age, race, neurodiversity or sexuality. We believe in Church which welcomes
and serves all people in the name of Jesus Christ- which is scripturally faIth￿1- which seeks to proclaim the gospel
afresh for each generation- and which, in the power of the Holy Spirit, allows all people to grasp ￿•W wide and long
and high and deep is the love of Jesus Christ.
Public benefit
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the
Charity should undertake.
Achievements and perfonnance
Signrficant activities and achievements against objectives
Our Church buildings face directly onto the High Street {strattord Road) in Shirley and are therefore ideally placed
to serve the local community in Shirley. The Church buildings consist of a foyer area with adjacent main worship
space, chapel and a coffee shop with servery (these were all completed in 1994}. In addition, there are halls, a
smaller function room, a church office and a kitchen. The Church premises are extensively used by both Church
groups and extemal groups throughout the week. The chapel is available for private prayer when the coffee shop is
open.

SHIRLEY METHODIST CHURCH
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Regular Servlces
Morning Family Worship (Sunday momings)
Wednesday Moming servi￿ {'Make Wednesday Special,)
In addition, there are occasional 'special services, including a very popular Christingle SeNice at Christmas. The
Church is also used by the Birmingham Methodist Circuit for joint seniices and occasionally by the national
Methodist Church e.g. Ordination Services.
A thriving congregation of the Global Mission Church (Cantonese speaking church of Hong Kong Nationals) now
meets in our Worship Space on Sunday afternoons.
Church Groups include:
Church Choir (which supports worship on Sunday mornings and at special services)
Bowling Club
Boys Brigade and Girls Association
Bible Study Group
Guide group (although strictly not a Church group, it nevertheless is part of our community and ta(es part in church
activities.)
Pastoral Support
In common with many Methodist Churches, we operate a system of pastoral support whereby every member of the
congregation is linked to a pastoral visitor who will ensure that members are kept in touch with wha is happening in
Church and is able to offer fijrther support if needed. The Church holds some money in a Benevolent Fund which
can provide small cash payments for anyone in particular need (at the discretion of the Minister).
Octagon Coffee Shop
The Church's Octagon Coffee shop is open on five momings per week. It is run entirely by volunteers and provides
a welcoming environment to all. serving hot drinks and snacks at moderate prices. We are a Fairtrade Church and
all tea. coffee and sugar used in the coffee shop and by Church groups carries the Fairtrade logo.
Other Groups which meet on Church premises
The church buildings are in demand throughout the week by extemal groups. Charities which use the premises
include ALANON. Alzheimer's support group and the Macular Society. Other social groups include Shirley
Photographic Club. VVI, U3A. Quilters, dance and yoga groups and toddler groups. The main y￿rShiP space
provides an excellent acoustic for con￿rtS and is used by both Church groups and other local musical groups
Church Window
Our window facing the High Street has provided an ideal opportunity to present displays with positive and uplifting
messages to members of our community, even if they do not cross the threshold of the church building These have
included displays for festivals and special services in the church's calendar as well as marking national events such
as the Jubilee.

SHIRLEY METHODIST CHURCH
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Charttable donatlons
During the year 2022-23 approximately £5,000 was raised for extemal charities including All We Can (the Methodist
Relief & Development agency). Action for Children, Methodist Homes, Leprosy Mission, and Christian Aid. We also
act as a drop-off point for donations to a local food bank. {Note: some of the money will have been sent directly to
the Charity so will not appear in the accounts).
Eco Church
Shirley Methodist Church supports the Eco Church movement. At present we are a bronze award hold￿ and are
wotl(ing towards silver. We include articles on eco matters to promote better practi￿ in our monthly newsletter, and
we facilitate the recyding of 'difficult' items such as blister packs, plastic pens, and old spectacles
Ecumenical Partnerships
The Church continues to be an active partner in Shirley Churches Together. The Churches cooperate with publicity
in the local press at major festivals. There are joint events such as Good Friday Walk of Wtness arnl the churches
are regularly linked by Prayer Envoys.
Safeguarding
Shirley Methodist Church commits it*lf to ensuring the implementation of Connexional Safeguarding Policy,
govemment legislation, guidance and safe practice within our Church premises. There is a safeguarding officer
appointed by Church Council.
Financial review
The financial statements show a surplus for the year of £5,037 {2023: £8,025 deficit), and the total fund balance at
31 August 2024 was £84,276.
During the year legacies totalling £Nil were received (2023.. £Nil).

SHIRLEY METHODIST CHURCH
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Resenies policy
The Church needs to hold reserves primarily to manage the funds passing through its accounts. On the expenditure
side there are a number of substantial items that arise and are settled on a quarterly basis, whilst on the income
side offerings, room hire and Gift Aid tax relief claims vary widely month to month. Secondly, reserves are held to
provide for funds for future projects to develop the work of the Church andlor maintain or improve Ihe fabric and
facilities of the Church buildings.
As Trustees, the members of Church Council believe that the Church should seek to hold, in the Gereral Fund,
primary resenies of £30,000. The secondary reserves, held in the Designated Funds, arise from surpluses
transferred from the general operations of the Church plus individual substantial donations and leg￿leS received
from time to time. The size of such reseNes varies over time because of the nature of the income and also the
adoption of particular projects. These typically see work to raise ￿ndS prior to the project being undertaken and the
costs incurred. These reserves are also held against unforeseen contingencies. The target for secondary reserves
is a further sum equal to that for the primary reSe￿e$.
For the year to 31 August 2024 annual expenditure totalled £116,678 and the reserves held stood at £40,897 in the
Unrestricted Fund and a further £43,379 in the Restricted Funds.
The Restricted Funds received a substantial legacy in the year 2013 and this is being used to fund developments
over a few years.
The position on reserves is reviewed in quarterly figures and this policy will be formally considered in the
preparation of the annual accounts each year.
The Future
The cost of living crisis following the outbreak of the Ukraine conflict has been a challenge, with fvel costs being a
particular COn￿rn. However at the present time, the Church's finances are in a satisfactory position with cash
reserves in excess of our advised minimum of £40,000. We pray for God's guidance as we seek a way forward.
and that Shirley Methodist Church will continue to be a hub of activity on the Shirley High Street in our
community.
Major risks
The Trustees have assessed the major risks to which the Charity is exposed, and are satisfied that systems are in
place to mitigate exposure to the major risks.
Structure, governance and management
The governing document for the Church is the Deed of Union (1932) and the Methodist Church Ad (1978).
Detailed governan￿ arrangements are outlined within the Constitutional Practice and Discipline of the Methodist
Church by order of the annual conference (CPD).
Day to day management of the Church is undertaken by the Church Leadership Team along with the Minister.

SHIRLEY METHODIST CHURCH
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
The Trustees who served during the year and up to the date of signature of the financial statements were..
Caroline Hague
John Adams
Julian Bache
Louis Beaumont
Ann Butler
Jill Dunwoody
Gina Fletcher
Jean Hamilton
Stuart Hollis
Ruth Low
Pat Lowe
Jean Meeson
Nicholas Mund
Margaret Pike
Stella Staight
Bill Russell
Hilary Wlson
Barbara Boffey
Recnjitment and appointment of tnjstees
The Trustees are appointed at the AGM of the Church.
A range of guidance by the Methodist Connexion to support the effective running of the Church and the role of
Trustees is given to the Church Trustees at various meetings andlor training sessions
The Trustees report was approved by the Board of Trustees.
Caroline Hague
Minister
L'mal- 2

SHIRLEY METHODIST CHURCH
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF SHIRLEY METHODIST CHURCH
I report to the Trustees on my examination of the financial statements of Shirtey Methodist Church (the Charty) for
the year ended 31 August 2024.
Responslbilities and basls of report
As the Trustees of the Charty you are responsible for the preparation of the financial statements in accordance with
the requirements of the CharitiesAct 2011 (the 2011 Act).
I report in respect of my examination of the Charity's financial ststements carried out under section 145 of the 2011
Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission
under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
Your attention is drawn to the fact that the charity has prepared financial statements in accorda￿ with Accounting
and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable
in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities= Statement
of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been
withdrawn.
l understsnd that this has been done in order for financial statements to provide a true and fair view in accordance
with Generally AC￿pted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe that in any material respect".
accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act" or
the financial statements do not accord with those records" or
the financial statements do not comply with the applicable requirements conceming the form and content of
accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the
accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention
should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
James Carty FCA
CA
Thomas and Young Limited
Carleton House
266-268 Stratford Road
Shirley
Solihull
B90 3AD
Dated..I$.....•qw￿

SHIRLEY METHODIST CHURCH
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 AUGUST 2024
Unrestricted Restricted
funds
funds
2024
2024
Totsl Unrestricted Restrlcted
funds
funds
2023
2023
Totsl
2024
2023
Notes
Income from:
Donations and legacies
Other trading activities
Investments
76.212
44,776
132
76,212
44,776
727
81,541
27,071
133
81,541
27,071
463
595
330
Total income
121,120
595
121,715
108,745
330
109,075
Expenditure on".
Raising funds
Charitable activities
Other expenditure
1,632
111,314
3,732
1,632
111,314
3,732
3,215
111,005
2,880
3,215
111.005
2,880
11
Total expenditure
116.678
116,678
117,100
117,100
Net incomel(expenditure) and
movement in funds
4,442
595
5,037
(8,355)
330
(8,025)
Reconciliation of funds:
Fund balances at 1 September
2023
36,455
42,784
79,239
44,810
42,454
87,264
Fund balances at 31 August
2024
40,897
43,379
84,276
36,455
42,784
79.239
The statement of financial ath'vities includes all gains and losses recognised in the year. All income and expenditure
derive from continuing activities.

SHIRLEY METHODIST CHURCH
BALANCE SHEET
ASAT31 AUGUST2024
2024
2023
Notes
Flxed assets
Tangible assets
13
12,849
19,292
Current assets
Debtors
Cash at bank and in hand
14
32,964
40,413
23,900
39.863
73,377
63,763
Creditors: amounts falling due within
one year
15
(1,950)
(3,816)
Net current assets
71,427
59.947
Total assets less current liabilities
84,276
79,239
The funds of the Charity
Restricted income fvnds
Unrestricted fijnds
16
17
43,379
40,897
42,784
36,455
84,276
79,239
The finanaal statements were approved by the Trustees on .................
Caroline Ft
Minister
gue

SHIRLEY METHODIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
Accounting polScies
Charlty Infomiatlon
Shirley Methixlist Church is a registered charity.
1.1 Accountlng convention
The financial statements have been prepared in accordance with the Charity's [goveming document], the
Charities Act 2011, FRS 102 °The Financial Reporting Stsndard applicable in the UK and Republic of
Ireland. {"FRS 102.} and the Charities SORP "Accounting and Reporting by Charities: Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The
Charity is a Public Benefit Entity as defined by FRS 102.
The Charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of
Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historrcal cost convention. The principal accounting
policies adopted are set out below.
1.2 Going concern
At the time of approving the f￿anCIal statements, the Trustees have a reasonable expectation that the Charity
has adequate resources to continue in operational existence for the foreseeable fvture. Thus the Trustees
continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted fvnds are available for use at the discretion of the Trustees in furtherance of their charitable
objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capitsl must be maintained by the
Charty
1.4 Income
Income is recognised when the Charity is legally entitled to it after any perfomance conditions have been
met, the amounts can be measured reliably, and it is probable that income will be re￿ived.
Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified
of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in
relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or othe￿ise if the Charity has been notified of an impending distribution,
the amount is thown, and receipt is expected. If the amount is not known, the legacy is treated as a
contingent asset.

SHIRLEY METHODIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Accountlng policies
{Contlnued
1.5 Expenditure
Expenditure is recognised On￿ there is a legal or constructive obligation to transfer economic benefit to a
third party, it is probable that a transfer of economic benefrts will be required in settlement, and the amount of
the obligation can be measured reliably.
Expenditure is classffjied by activity. The costs of each activity are made up of the total of dIr￿t costs and
shared costs. including support costs invotved in undertaking each activity. Direct costs attributable to a single
activity are allocated directly to that activty. Shared costs which contribute to more than one activity and
support costs which are not attributable to a single activity are apportioned between those activities on a basis
consistent with the use of resources. Central staff costs are allocated on the basis of time spent. and
depreciation charges are allocated on the portion of the asset's use.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of
depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their
useful lives on the following bases-.
Plant and equipment
33.3 % and 200kn staright line method
The gain or loss arising on the disposal of an asset is detemined as the difference between the sale proceeds
and the carrying value of the asset, and is recognised in the ststement of financial activities.
1.7 Impaimient of fixed assets
At each reporting end date. the Charity reviews the carrying amounts of its tangible assets to detemiine
whether there is any indication that those assets have suffered an impairment loss. If any such indution
exists. the recoverable amount of the asset is estimated in order to determine the extent of the impairment
loss (if any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-temi liquid
investments with original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.9 Flnancial instruments
The Charity has elected to apply the provisions of Section 11 'Basic Financial Instwments, and Section 12
'Other Financial Instruments Issues. of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Charity's balance sheet when the Charty becomes paty to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net
basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured
transaction price including transaction costs and are subsequently carried at amortised cost using the effective
interest method unless the arrangement constitutes a financing transaction. where the transaction is
measured at the present value of the future receipts discounted at a market rate of interest. Financial assets
classified as receivable within one year are not amortised.
10-

SHIRLEY METHODIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Accountlng policles
Icontlnued
Basic financial Ilabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless
the arrangement constitutes a financing transaction, where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilities dassified as payable
within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordIn￿V course of
operations from suppliers. Amounts payable are classrfied as current liabilities if payment is due within one
year or less. If not. they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction pri￿ and subsequently measured at amortised cost using the effedive interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the Charity's contractual obligations expire or are discharged or
cancelled.
Critical accounting estimates and judgements
In the application of the Charity's accounting policies, the Trustees are required to make judgements,
estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent
from other sources. The estimates and associated assumptions are based on historical experience and other
factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
eskn'mates are recognised in the period in which the estimate is revised where the revision affects (nly that
period, or in the period of the revision and fijture periods where the revision affects both current and future
periods.
Income from donations and legacies
Unrestricted
funds
2024
Unrestricted
funds
2023
Donations and gifts
76,212
81,541
Donatlons and gifts
Offering Plate
Other donations
Standing order
Gift Aid
Octagon Coffee Shop
Benevolent Fund
4,590
4,352
42,160
10,000
15,110
4,174
10,199
41,782
13,000
12,192
194
76,212
81,541
11

SHIRLEY METHODIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Income from other tradlng activitles
Unrestricted Unrestrlcted
funds
funds
2024
2023
Letting and licensing arrangements
44,776
27,071
Income from investments
Unrestricted Restricted
funds
funds
2024
2024
Total Unrestricted Restricted
funds
funds
2023
2023
Total
2024
2023
Interest receivable
132
595
727
133
330
463
Expenditure on raising funds
Unrestricted Unrestricted
funds
funds
2024
2023
Fundraising and publicity
Seeking donations, grants and legacies
1,632
3,215
12-

SHIRLEY METHODIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Expendltur• on charltable actlvltles
Heading
#ac982
2024
Heading
#ac982
2023
Direct costs
Staff costs
Depreciation and impairment
Circuit Assessment
Telephone
Organist and Music
Preachers expenses
Licences Tv
Cleaning and materials
Heat, Light and water
Insurance
Miscellaneous
Bank charges
Building repairs and renewals
Stationery,postage and computer costs
22,177
6.444
39,999
1.679
180
1,360
130
3,431
22,690
4.416
4,024
340
4,266
178
22,031
6.454
40,201
1,506
270
74
731
2,372
18,777
4.225
2,443
374
10,320
1,227
111,314
111.005
Analysis by fund
Unrestricted fvnds
111,314
111.005
Net movement in funds
2024
2023
The net movement in funds is stated after chargingl(crediting)=
Depreciation of owned tangible fixed assets
6.454
Trustees
None of the Trustees (or any persons connected with them) received any remuneration or beneffts frcmn the
Charity during the year.
10 Employees
The average monthly number of employees during the year was..
2024
Number
2023
Number
Total
13-

SHIRLEY METHODIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
10 Employees
(Continued)
Employment costs
2024
2023
Wages and salaries
22,177
22,031
There were no employees whose annual remuneration was more than £60.000.
11 Other expenditure
Unrestricted Unrestricted
funds
funds
2024
2023
Other expenditure
3,732
2,880
12 Taxation
The charty is exempt from taxation on its activities because all its income is applied for charitable purposes.
13 Tangible fixed assets
Plant and
èquipment
Cost
At 1 September 2023
64,636
At 31 August 2024
64,636
Depreciation and impaimient
At 1 September 2023
Depreciation charged in the year
45,343
6.444
At 31 August 2024
51,787
Carrying amount
At 31 August 2024
12,849
At 31 August 2023
19,292
14-

SHIRLEY METHODIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
14 Debtors
2024
2023
Amounts falling due within one year:
Other debtors
Prepayments and accrued income
23,000
9,964
13,000
10,900
32,964
23,900
15 Credltors: amounts falllng due wtthin one year
2024
2023
Accruals and deferred income
1,950
3,816
16 Restricted funds
The restricted fijnds of the charity comprise the unexpended balances of donations and grants held on trust
subject to specific conditions by donors as to how they may be used.
At1
September
2023
Incoming At 31 August
resources
2024
Contingencies Fund
Benevolent Fund
Model Trust Fund
30,851
309
11.624
30,851
309
12,219
595
42,784
595
43,379
Prevlous year:
Incoming At 31 August
resources
2023
September
2022
42,454
330
42,784
15-

SHIRLEY METHODIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
17 Unr8Strfct6d funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as to how they may be used. These include
designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
At1
September
2023
Incomlng
resources
Resources At 31 August
expended
2024
General fvnds
36,455
121,120
(116,678)
40,897
Previous year:
At1
September
2022
Incoming Resources At 31 August
resources
expended
2023
General funds
44.810
108,745
{117,100)
36,455
18 Analysis of net assets between funds
Unrestricted
funds
2024
Restricted
funds
2024
Total
2024
At 31 August 2024:
Tangible assets
Current assetsl{liabilities)
12,849
28,048
12,849
71,427
43,379
40,897
43.379
84,276
Unrestricted
funds
2023
Restricted
funds
2023
Total
2023
At 31 August 2023:
Tangible assets
Current assetsl{liabilities)
19,292
17,163
19,292
59,947
42,784
36,455
42,784
79,239
19 Related party transactions
16-

SHIRLEY METHODIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
19 Related party transactlons
Icontlnued)
During the year, the following Trustees of the church recovered costs incurred on behalf of the church for
goods and services amounts'ng to:
Steve Bache £Nil (2023.. £731)
Bill Russell £1,168 (2023.. £65)
Julian Bache £548 (2023: £160}
Keith Lovell £125 (2023.. £125}
Ann Butler £263 (2023.. £1,378)
Rev Caroline Hague £225 (2023: £Nil)
G K Lowe £Nil (2023: £314)
Hilary Wlson £Nil (2023.. £32)
J Dunwoody £80 (2023: £322)
17-