Charity regislration number 1133913
BARNES METHODIST CHURCH
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

BARNES METHODIST CHURCH
LEGALAND ADMINISTRATIVE INFORMATION
Trustees
Members of the Church Council
Charity nurnber
1133913
Principal address
Bames Methodist Church
Station Road
London
SW13 ONH
Independent examiner
Sam Thomas FCA
Azets
Trinity Court
34 West Street
Sutton
Surrey
SM1 1SH
Bankers
Central Finance Board of th@ Methodist Church
9 Bonhill Street
London
United Kingdom
EC2A 4PE
HSBC Bank plc
172 Upper Richmond Road
Putney
London
United Kingdorn
SW15 2SH
Sollcitors
Methodist Insurance plc
Brazenose Street
Manchester
United Kingdom
M2 SAS
Investment advisers
The Trustees for Methodist Church Purposes
Central Buildings
Oldham Street
Manchester
United Kingdom
M1 1JQ

BARNES METHODIST CHURCH
CONTENTS
Pagè
Trustees, report
Independent examinels report
Statement of financial activities
Balance sheet
Notes to the financial statements
8-22

BARNES METHODIST CHURCH
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 AUGUST 2024
The trustees present their annual report and financial statements for Ihe year ended 31 August 2024_
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and
comply with the charity's governing documents, the Charities Act 2011 and the 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 from 1 January 2019.
Objectlves and activltles
The objective and policy of the trustees, both long temi and short term. is to enable the church to function
SUC￿SsfUllY al a loe8118vel alongside our local ecumenical partners, through the Richmond and Hounslow circuit
with our neighbouring Methodist Churches and through the Methodist Connexion with our national and intemational
community.
The purposes of the Methodist Church are, and have been since the daté of the union, as set out in section 4 of the
Melhodist Church Act of 1978. The calling of th6 Methodist Church is to respond to th8 gospel of God's love in
Christ and lo live out ils discipleship in worship and mission. The ministry includes:
Worship.. The Church exists lo increase awareness of God's presence and lo celebrate God's love.
Evangelism- The Church exisls to mak8 more followers ofJesus Christ.
Learning and caring- The Church exists to help people lo grow and leam as Christians, through mutual support and
care.
Service - The Church exists to be a good neighbour to people in need and to challenge injustice.
Barnes Methodist Church exist5 to exercise the whole ministry of Jesus Christ. particularly in the local community.
The church building is licensed for marriages including of same sex couples and for funeral services.
The Iruslees have paid due regard to guidance on public benefit 1S5ued by the Charity Commission in deciding whal
activities the charity should undertake.
Achievements and performance
The congregation continued to me61 for worship and fellowship on Sundays. and for bible study on weekdays.
Worship and bible studies are open to all.
The church hosted a night shelt6r in collaboration with Glass Door on Saturday nights throughout the winter months.
It additionally provided somè lunches for those in need as part of the Richmond Sunday Lunch Scheme.

BARNES METHODIST CHURCH
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Flnancial review
Incoming resources d8Greased by 17.9ts/ts from £176,815 in 2023 to £150,855 for the y6ar. Th8 decreasè has been
driven by an a fall in income relating lo donations and legacies, with investment income seein9 an increase on the
year prior.
Charitable expenditure increased by 7°h in comparision to Ihe previous year tolalling £132,671 {2023- £123,987).
This includes apportioned support and govemance costs which have increased by 38.70/0 from £68,836 to £95,454.
As a result an overall surplus of £20,74812023.' £51,217) has been made before any gains from revaluation of the
Church buildings.
The net assets of the Church al the year-end show a healthy balance sheet, mainly as a re5uII of the inclusion of
the Church building in the accounts at its valuation of £7,042,021 {2023-. £6,870,319). Excluding tangible fixed
assets, the total funds would be £118,82412023.' £99,176).
The Church flat is let to a tenant placed there by the London Borough of Richmond upon Thames. Tho Borough
Council is responsible for the payment of the rent lo the Church.
The Church is again deeply indebted lo Ihe dedicated commitment. financial support, gifts in kind, work and self-
Sacrifi￿ of our members in many ways, without which we, and the neighbourhood, would be much the poorer.
From time to time, the Church has surplus funds to invest on a short-term basis. Funds have traditionally been
placed with the Central Finance Board of the Methodist Church, which has a record of prudent management and
good returns, coupled with flexibility and ease of repayment. It is not likely in the near future that there will be many
funds lo invest, $0 obtaining comparisons with other similar bodies may have a very limited effect. However, when
funds begin to accumulate, testing the market may be a more worthwhile exercise.
It is the policy of the charity that unrestricled funds which have not been designated for a specrfic use should be
maintained at a level equivalent to bekneen three and six months, expenditure. The trustees ¢onsidei that reserves
at this level will ensure that, in the event of a significant drop in funding, they will be 8ble to continue the charily's
current activities while Consideration is given to ways in which additional funds may be raised. This level of reserves
reduced throughout the year due to thè ongoing costs of repairing the roof. The Church eontinues to receive
support from the Richmond & Hounslow Circuit and is confident in re-establishing ils reserves over the Coming
years.
The trustees havé 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 charily registered with the Charity Commission on 1 st February 2010, having pr8viously tsken advantage of the
exception under Statutory Instrument 2002 {no. 1598). Its governing documents are th8 Deed of Union (1932) and
the M6thodist Church Acl11976).
The trustees who served durlng the year are listed in note 23 to the accounts.
The charitws current policy conceming the payment of trade creditors is to follow th& CBI'S Prompt Payers Code
(copies are available from the CBI, Centre Point, 103 New Oxford Street, London WC1A 1DU}.
The charivs current policy Goncerning the payment of trade creditors is to..
settle the terms of payment with suppliers when agreeing the tenns of each transaction,,
ensure that supplièrs are made aware of the tèrms of payment by inclusion of th8 relevant terms in contracts.
and
pay in accordance with the charily's contractual and other legal obligations.
There were no trade creditors of the charity at the year end.

BARNES METHODIST CHURCH
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
The Bames Methodisl Church is part of the Richmond and Hounslow Circuil of Methodist churches, which itself is
part of the larger London District. The Circuit adminislers people, property and finance, and acts through central
Circuit meetings, to which representstives of each of the local churches attend. All districts are related to each other
through The Connexion, a network of support for all the churches in Great Britain. All districts, Circuits and Local
Churches are constituted in accordance with the practices and discipline of The Methodist Church in Britain.
Barnes Methodist Church has its own Church Council, who form the trustees, which makes decisions affecting the
Church al a local level. There are no formal training procedures Involved in membership of the Church CounGil,
which is ultimately the decislon-making body for Bames Methodist Church.
Funds held as custodian trustee
The Church is anxious to ensure good stewardship in all ils dealings. Quartetly updates are prepared by the
Treasurer for review by Ihe Management Committee and Church Council, and significant it8ms are inquired into.
Updates are reported from time lo time in the Newsletter, and annual accounts are available to all members. An
Annual Summary is forwarded to the Circuit in the early part of each succeeding year.
Arrangements ar8 in place for all monetsry collections lo be counted on thè premises by al least fyvo people, in the
presence of each other, before being promptly banked to avoid unnecessary cash being kept on the premises. It is
policy to pay all creditors within agreed credit terms.
A thorough inspection of the entire premises is carried out every five years by professional advisers from the
Methodist Church Property Office, whose written Report is acted upon with appropriate urgency. A risk management
plan is also in place which seeks to identify the most significant risks faced by Ihe Church, their likelihood of
o¢¢urrence, and their potential impact. 11 also includes the safeguarding of children and young p60ple, and indicates
what action is in place or planned to mitigate each risk. Risks are likely to fall into four categories= external
environmenl,. mission and outreach., finance. and intemal infrastructure. The plan is kept under continuous review.
The trustees, report was approved by the Board of Truslees.
Trustee
2025

BARNES METHODIST CHURCH
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF BARNES METHODIST CHURCH
I report to the trustees on my examination of the financial slalements of Barnes Methodist Church {Ihe charilyl for
the year ended 31 August 2024.
Responsibllltles and basls of roport
As the trustees of the charity you are responsible for the preparation of the financial statemen15 in accordance with
the reqU￿rementS ol the Charities Act 2011 Ilhe 2011 Acl}.
I report in respecl of my examination of the charity's financial statements 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}Ib} of the 2011 Act
Independent èxamlnerfs slatement
I have completed my examination. I confinn Ihat no matters have ¢ome to my attention in connection wilh the
examination giving me cause lo believe that in any material respect-
accounting records were not kept in respeGt of the Charity as required by section 130 of the 2011 Act,. or
the financial slalemenls do not accord with those records., or
the financial statements do not comply with the applicable requirements concerning the form and content of
accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the
accounls give a true and fair view which is not a matter considered as part of an independent examination.
I have no con¢ems and have come across no olher mallers in connection with the examination lo which attention
should be drawn in this report in oriler to enable a proper understanding of the financial statements lo be reached.
Sam Thomas FCA
Independent Examiner
Azels Audit Services
ICAEW
Trinity Court
34 Wesl Street
Sullon
Surrey
SM1 1SH
United Kingdom
ob

BARNES METHODIST CHURCH
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 AUGUST 2024
Unrestricted R•strlct8d et)dowment
lunds
funds
fund5
2024
2024
2024
Totsl
UnM8tricted Réstrlttèd End￿ment
fund8
fvnds
fund$
20YJ
2023
2023
Total
2024
2023
Income from..
DonatK)ns snd lega￿e8
InvestmBnts
14,711
134.476
14.711
136.144
31.124
123.668
20,518
366
51.642
125.173
571
1.097
Total In¢omo and tndvwm•nts
149.187
571
1,097
150,855
154.812
20,884
176,815
ndlture on:
Rai$ing funds
143
104
247
214
322
haritsb￿ aclmlies
132.656
15
132,671
112,364
452
112.816
Roof repalrexpendilure
11
10.849
10,849
Total oxpondllure
132,799
304
132,918
123.427
452
123,987
Net galnslllossesl on Invèstrnènts
12
2.811
2.B11
N•t Inwmlng re¥ourGo• boforotran8ler8
16,388
556
3,804
20.748
31.385
20,432
16001
51.21T

BARNES METHODISTCHURCH
STATEMENT OF FINANCIAL ACTIVITIES {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2024
Unrestrlct￿ Rèstri¢ted Endowmont
funds
funds
fund$
2024
2024
2024
Tol•l
Unr*¥lrlcted R¢strfclod Endovthènt
fund$
fundi
2023
2023
Tolal
24
2023
2023
Plr4¢¢8
Ntt incoming resourc￿ befor6 transfèr*
16.388
20,748
31.385
20.432
16001
51,217
Gross transfers between fund$
19941
21,011
120,0001
N•t in¢ominy r¢50ur¢v•
17,382
2.810
20.748
52,396
432
51.217
OthÈr recognl$•d 9alns and loss*s
Rev&luatK)n tsf lÈngl￿e fixed assets
171.702
171,702
630.319
630,319
Not movement In furtds
189,084
2,810
192.4
682,715
432
681,536
Fund balances at 1 September 2023
6.912.838
11,038
51,725 6,975,601
6,230.123
10,606
53.336 6,294,065
Fund b418n¢e8 at 31 August 2024
7.101,922
11,594
54.535
7,168,051
6,912,838
17,038
51,72S 6.975.601
The slalement of ffnancial acti￿ti8& includes all gains 8nd10588s recognlsed in the year.
All irKthm8 and exPpr￿llUr@ dèrivè$ fn)m Gontinuing actwitsas.

BARNES METHODIST CHURCH
BALANCE SHEET
AS AT 31 AUGUST 2024
2024
2023
Notes
Flxed assats
Tangible assets
Investments
14
15
7.049,227
89,216
6.876,425
86,405
7,138,443
6,962,830
Current assets
Debtors
Cash al bank and in hand
16
29.959
53,340
39.719
56,667
83,299
98,386
Creditors: arnounts falling due within
one year
17
(53,690)
{83.616)
Net current assets
29,609
12.770
Total assets less current liabllltles
7,168,052
6,975,600
Capital funds
Endowment funds -
eneral
Permanent endowment
Expendable endowment
39.140
15,395
36.330
15.395
18
54,535
51.725
In¢ome funds
Restricted funds
Unrestricted ftjnds
Designated funds
General unrestricled funds
Revaluation reserve
19
11,594
11,038
20
1.957
3,206,208
3,893,757
1.957
3,188,826
3,722,055
7,101,922
6.912,838
7,168,051
6,975,601
Isi
The accounts were approved by the Trustees on .........................
1024
Trustee

BARNES METHODIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
Accounting policies
Charity information
Barnes Methodist Church is a registered charty with the Charity Commission and its goveming documents
are the Deed of Union (1932) and the Methodist Church Act {19761. The registered office is Barnes Methodist
Church. Station Road, London, SW13 ONH.
1.1 Accounting convention
The accounts have been prepared in accordance with the charity's goveming documents, the Charities Acl
2011 and 'Accounling and Reporting by Charities.. Ststement of Recommended Piactice applicable to
charities preparing their accounts in accordance with the Financial Reporting Slandard applicable in the UK
and Republic of Ireland {FRS 102)- {as amended for accounting periods commencing from 1 January 2019}.
The charity is a Public Benefit Entity as dèfined by FRS 102.
The Gharily has tsken advantage of the provisions in the SORP for charities applying FRS 102 Upd8ts
Bullelin 1 not to prepare a Slatemenl of Cash Flows.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to
the extent required to provide a true and fair view. This departure has involved following the Slatemènt of
Recommended Practice for charities applying FRS 102 rather than the version of the Statement of
Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary
amounts in these financial statements are rounded lo the nearest £.
The financial statements havè been prepared under the historical cosl convenlion, modified to include the
r8valualion of fr88hold properties at fair value. Thè principal accounting policies adopted are sel out below.
1.2 Golng concern
At Ihe tiTne of approving the financial statements. the trustees have a reasonable expectstion that the charity
has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees
ntinue to adopt the going concem basis of accounting in preparing the financial statements.
1.3 Charltable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charilable
objectives.
Restricted funds are subject to specific conditions by donors as to how Ihey may be used. The purposes and
uses of the restricted funds are set out in the notes lo the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the
charity. The Church has one Pemianent Endowment" a Legacy which was left some years ago by M G
Calvert to provide a regular income for musical and Gultural purposes. It is invested with The Trustees for
Methodist Church Purposes.
1.4 Incoming resources
Income is recognised when the charity is legally entitled to it after any perfonnance conditions have been met,
the amounts can be measured reliably, and it is probable Ihat income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charty 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 re¢ognised at the time of the donation.

BARNES METHODIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Accounting policies
(Continued)
Barnes Methodist Church welcomes all legacies and gifts in memoriam. L8gaci6s are a valuable source of
income, and the Church has benefited considerably over the years from th8 generous provision by members
and adherents for its continuing work after thelr death. Legacies may be eamarked for specific activities or
concerns, for example youth work, malntenance of the organ, or simply to support on-going work. Legacies
are recognised on date of receipt.
1.5 Rosources expended
Expenditure is recognlsed once there is a legal or constructive obligation to transfer economic benefit to a
third party, it is probable that a transfer of economie benefits will be required in settlement, and the amount of
the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each actiVFty are made up of the total of direct costs and
shared costs, including support costs involved in undertaking each activity. Dlrecl costs attributable to a sirtrgle
activity are allocated directly to that activity. Shared costs which contribute to more than one activity and
support costs which are not attributable lo a single activity are apportioned bel￿een those activities on a basis
consistent with the use of resources. Central staff costs are allocated on the basis of time spenl, and
depreciation charges are allocated on the portion of the asset's use.
Resources expended are recognised on an accruals basis and allocated belween costs of generating fund5.
charitable activities and governance costs.
Governance costs represent all costs incurred in maintsining and running the Church buildings and meeting
all legal and financial reporting requirements. Support and governance costs are apportioned to charitable
activities on the proportion of the direct costs incurred.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured al cost or valuation, net of
depreclation 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..
Fixtures, filtings & equipment
Computers
100/0 straight-line, per annum
33 /0 Straight-line. per annum
The gain or loss arising on the disposal of an asset is determined as th@ difference bemeen the sale
proceeds and the carying value of the asset, and is recognised in the statemenl of financial activities.
No depreciation is provided in temis of freehold land.
After takin9 advice from the Charlty Commission, in Gonjundion with the Methodist Property Office, the
Church building and the school property need to be included on the BalanGe Sheet, at their insured value as
detemiined by Methodist Insurance plc. An adjustment is made every year (whére material) as an unrealised
gain.
It has been identified from the SORP {FRS 102} that historic Churches are unlikely to meet the heritage asset
definilion, as Ihe preseNation of the buildings they occupy is unlikely to be the primary objective of the
Charity. Churches therefore do not qualify as 8 heritage asset and thus cannot be included at nil cost.

BARNES METHODIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Accounting policies
(Continued)
1.7 Flxed asset Invèstments
Fixed asset investments are initially measured at transaclion price excluding transartion costs, and are
subsequenlly measured at fair value at each reporting date. Changes in fair value are recognised in net
incomel{expendilurel for the year. Transaction costs are expensed as incurred.
An associate is an entity, being neither a subsidiary nor a joint venture, In which the charity holds a long-term
interesl and where the charity has significant influence. The charity considers that it has slgnifieant influence
where it has the power to participate in the financial and operaling decisions of the associale.
1.8 Impairment of fixed assets
At each reporting end dale, the charity reviews the carrying amounts of ils tangible assets to determine
whether there is any indication Ihal those assets have suffered an impaimient loss. If any such indication
exists, the recoverable amount of the asset is estimated in order to detemiine the extent of the impairment
loss (if any}.
1.9 Cash and cash equivalents
Cash and cash equlvalents include cash in hand, deposits held at call with banks, other short-term liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.10 Flnanclal Instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'Olher Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party 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 amounls and there is an intention lo 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 at
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.
Baslc flnanclal Ilabilities
Basic financial liabililies, including creditors and bank loans are initially recognised al transaction price unless
Ihe arrangemenl constilutes a financing transaction. where the debt instrument is measured at Ihe present
value of the future payments discounled at a markel rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using Ihe effective interesl rate melhod.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
operations from suppliets. Amounts payable are classified as current liabilities if payment is due within one
year or less. If not, they are presented as non4urrent liabilities. Trade creditors are recognised initially at
transaction price and subsequently measured at amortised cost using Ihe effective interest method.
Dgrecognition of financial liabilities
Financial liabilitles are derecognised when the charity's contractual obligations expire or are discharged or
cancelled.
10-

BARNES METHODIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Accounting policies
(Continued)
1.11 Taxatlon
As a charity, the Church benefits from Rates Relief and is exempl from direct tax on its charitable income and,
because they are specifically exempted or regarded as de minlmus, its fundraising activities. We are therefore
able to recover, through Gift Aid, the tax already suffered by donors from their income. In 2024 this amounted
to £nil (2023.. £nil}.
Crlllcal accounting estimates and judgements
In the application of the charity's accounting policies, the trustees are required lo mak8 judgements, estimates
and assumptions about th8 carrying amounl of assets and liabilities that are not readily apparent from other
SoUr￿s. The estimates and associated assumptlons are based on historical experience and other factors that
are considered to be relevant. Actual results may differ from these estimat8s. The significant estimations are
considered to be depreciation of fixed assets and the valuation of th8 church at the year end.
The estimates and undérlying assumptions are reviewed on an ongoing basis. Revisions lo accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only thal
period, or in the period of the revision and future periods where the revision affects both current and future
perfods.
Donations and legacies
Unrestrlcted Restrlct8d
funds
funds
Total
2024
Total
2023
Donations and gifts
Other In￿Me
14,711
14,711
9,430
42,212
14,711
14.711
51,642
For the year ended 31 August 2023
31,124
20,518
51,642
11

BARNES METHODIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED}
FOR THE YEAR ENDED 31 AUGUST 2024
Unr•stsieted Rèstslrted Endowmgnl
lunds
lund$
lund$
général
2024
Totsl
Unrnstri¢t•d R•$tri¢t•d EndgwTront
fut)ds
lunds
fvnds
g•nèral
2023
Tolal
2024
2024
2024
2023
2023
2023
Rental incorne
DivkJEnd5 and interest receNed vn TMCP
investments
Inleresl reGeivaNe
131.580
131,580
121.944
121.944
1,097
3.745
819
1,665
79
1.119
2.764
445
248
571
366
134,476
571
1,097
136.144
123,688
366
125.173
Ral$Fn¥ fund8
Unro$trl¢tod EndowThont
funds
rO6
genaral
Total
Unrè8trlctÈd Endowment
fund6
funds
general
2023
Total
2024
2024
2024
2023
2023
Invastr￿n1 mBn
em
143
104
247
214
108
322
143
104
247
214
822
12-

BARNES METHODIST CHURCH
NOTES TO THE FINANCIAL STATEfvIENTS {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
CharitablE activili95
Grant$ and Ylershlp and A5SOs$mpnt
41onatlon$ Youn9 Pgoplo
by Clrcull
T•tsi Gran¢$ andworshlp and Assessment
2024 donatlons
Ycung by Clrcuil
P¢opl*
Total
2023
2024
2024
2024
2023
2023
2023
Di￿1 costs
36.060
37.179
1,256
42,138
43.396
Grtnt furKliNJ of a¢tiwlie$ l$ee note 71
38
Share of ¥upport costs Ise& note 81
Share ofgovemanGe cosl$15ee note 81
1,362
86
2,636
167
85.766
5.437
89,764
5,690
e85
229
1,934
497
48,942
16,549
51,561
17,275
1.486
3.922
127.263
132,671
1,498
3,689
107.629
112.816
Analy$l$ by fund
Unrestrf¢ted funds
Restricted funds
1,486
3,907
127,263
132,656
15
1,498
3,237
452
107.629
112.364
452
1,486
3,922
127,263
132,671
1,498
3,689
107.629
112,816
13

BARNES METHODIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Grants payable
2024
2023
Grants to institutions..
Other
38
584
Support costs
Support Governance
costs
costs
2024
2023 Basis of allocation
Depreciation
Utilities
Property costs
Administrative costs
1.368
18,187
61,769
8,440
1,368
18,187
61,769
8,440
1,581 Proportion of direct costs
14,581 Proportion of direct costs
26,181 Proportion of direct costs
9,218 Proportion of direct costs
Independent
Examine¢s fees
Legal and professional
5,690
5,690
5,904 Governance
11.371 Governance
89,764
5.690
95,454
68,836
Analysed between
Charitable activities
89,764
5,690
95,454
68,836
Govemance costs includes independent examinerfs fees of £5,690 {2023
£5,904).
Trustees
None of the trustees lor any persons connected with them} received any remuneralion during the year. No
payments were made lo Tnjstees during the year for expenses. however this does not include reimbursement
for the purchase of items where the trustee was acting on thè Church's behalf.
10 Employees
The average monthly number of employees during the yearwas-
2024
Number
2023
Number
Total
There were no employees whose annual remuneration was more than £60.000.
14-

BARNES METHODIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
11 Roof repair axpenditure
Total Unrestrlcted
funds
2024
2023
Roof repair Costs
10,849
10,849
12 Not galnsl{losses) on invèstmonts
Endowmont Endowment
funds
funds
gèneral
general
2024
2023
Revaluation of investments
2,811
(1,611)
13 Taxatlon
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or s6Ction
252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to rts charitable objects.
14 Tangible fixed assets
Land and
bulldlngs
Flxturès,
rittings &
equlpment
Computers
Total
Cost or valuation
Al 1 September 2023
Additions
Revaluation
6.870,319
27,217
2,469
3,661
6.901,197
2,469
171,702
171,702
At 31 Augusl 2024
7,042,021
29,686
3,661
7,075,368
Depreclation and impairnient
At 1 September 2023
Depreciation charged in Ihe year
21,351
1,167
3,421
202
24,772
1,369
At 31 August 2024
22,518
3,623
26,141
Carrying amount
At 31 August 2024
7,042,021
7,168
38
7,049.227
At 31 August 2023
6,870,319
5,866
240
6,876,425
15-

BARNES METHODIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
14 Tangible fixed assets
{Continued)
Land and buildings wilh a carying amounl of £7,042,021 were revalued by the Trustees as at 31 st August
2024 based on the insurance value by Methodist Insurance plc. The valuation of the building includes the
organ which was purchased in 1925.
At 31 August 2024, had the revalued assets been Ca￿led at historic cost less accumulated depreciation and
accumulated impaimient losses, their carying amount would have been approximately £nil (2023 - £-).
15 Fixed asset Investments
Calvert
Legacy
Varlous
Bequests
Total
Cost or valuation
At 31 August 2023
Valuation changes
Income
Charg8s and transfers
50,078
36,327
2,811
1,097
11,097)
86,405
2,811
3,745
(3,745)
2,648
12,648)
At 31 August 2024
50,078
39,138
89.216
Carrying amount
At 31 August 2024
50,078
39.138
89,216
At 31 August 2023
50,078
36.327
86,405
The Hannah Elizabeth Gentry Bequest de-registered as a charity during 2006. It holds investments under the
terms of Miss Gentry's Will, which are managed by the Trustees for Methodist Church Purposes and the
Central Finance Board of the Methodist Church. and disbursernents are made by trustees appoinled by
Barnes Methodist Church Council. The nel increase in the year was £2,162 {2023- decrease of£1,4111. The
total value of the investments held by the Trust is £31.374 (2023 - £29.212}.
16 Debtors
2024
2023
Amounts falllng due within one year:
Other debtors
Prepayments and accrued income
13.521
16,438
23,722
15,997
29,959
39,719
16-

BARNES METHODIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
17 Creditors: amounts falling due within one year
2024
2023
Other creditors
Accruals and deferred income
48,000
5,690
77,712
5,904
53,690
83.616
17-

BARNES METHODIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 AUGUST 2024
18 Ethd¢)wmènt funds
Endowment lunds r8pr888ntass8ts whlch musi be held permanenllyby charily. Ir¢ome arisiry on lh8 8ndowm8nt funds can b6 us8d In accordance wrfh Ihe objects
oflhÈ charity and is included as unreslricted income.Any¢apital gains ortossès ari*ng on thè a$￿SforM part of fund.
Movemeht In funds
Tr•nsf•r4
GthB on
Fund
BalahsE at
Ip•••s Th￿n09er￿￿Trt 1 Sept￿b￿r
Movetnent In fund5
Tra￿1
Giln5 and
Inroliilhll
r•saurr•s
F￿¢
mènagernent
al
31 August
1 SEplprnbpr
2122
P•mian•nt •nd•wm8nts
Miss M G Calvert
lègacy
Exp•ndable endowmBnts
Amunb held in
Community
Account
Constant amount
from General
funds
37.941
1.119
11081
36.330
1,Q96
19951
2.811
11041
39,14e
14.495
14,495
14.495
900
53,336
51.725
1.098
19951
2.811
54,535

èA¢tNES METHODIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 31 AUGUST 2024
19 R8strftted lund8
ThB income funds of Ihe chBrity include resiricled hJnds comprising the lolh>¥MrKJ unexpended balances ol donation5 and 9ran15 held on Irusl for specific purpos8s'.
Movgrnent It) lund¥
InGornlng
Out90109 Tran$l4rn In I
we60￿1¢e$
(out) I September
202>
Movem•nl in funds
lts¢omlth
OulgolTh
Balanr• at
1 S•pt•thr
2022
31
2•24
Property Reserv8 Fun
Org8n Fund
Roof Fund
Thanksglviny granl
309
10.229
68
11
355
578
20.000
320
10.584
134
17
554
337
14521
119
120.0001
10,606
20,884
14521
120.0001
11.038
571
11,594
The Property Reserve Fund IE forlho mainlen8nc8 of th8 Church bulldings.
The John Hodgson an¢J Jirn Rentell Funds were cre8lpiJ to provNJe fund5 t¢)ward5 Oryan luniny and newslelter costs. rh858 rw constitLrt8 the Organ Fund.
19-

BARNES METHODIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
20 Designated funds
The income funds of the charity include the following deslgnated funds which have been set aside out o*
unrestricted funds by the trustees for specific purposes=
Movement
in funds
Incomlng
Balan¢¢ at
resour¢•s 1 Septembor
2023
Movement
in funds
Balan¢* at
I September
2022
8alaneè at
31 August
2024
r¢sources
Ministers Discretionary Fund
1.957
1,957
1,957
1.957
1,957
1,957
-20-

ÈAkNES METHODIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
21 An•lysls of not a$$ets lund$
UTrr¢strl¢ted R•¥trlcttd Endowmoht
Fund*
Fund¥
Funds
2024
2024
2024
Total Vnre$tricted Re$tri¢ted Endowmont
Funds
Funds
Fund$
2023
2023
2023
Totaj
2024
2023
FuThJ balances ai 31 August 2024 are rèpr8S8nt8d
by..
Tanglbltr a$Èels
Inv•stment8
Current as8etsllllabilitlesl
7,049.227
34,681
18,015
7,049,227
89.216
29,809
,878,425
54,078
117.6661
6.676.42S
86.40S
12,77
54,535
32.327
19,398
11,594
11.038
7,101.923
11,S94
54,535
7,168.052 6,912,837
11,038
51,725 6,975,60D
21

BARNES METHODIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
22 Related party transactlons
There were no disclosable related party transactions during the year (2023 - none).
23 Trustees
Rev G Farrar
Mr P Blow
Mrs V Isaa
Mrs D Davies
Mr l Haddow
Miss V Hearn
Mrs B Jones
Mr C Moorhouse
Mrs F Moorhouse
Mrs M Withall
Mr M Benneworth
Mrs E Cunningham
(Resigned 12 May 2024}
(Resigned 12 May 2024>
-22-