2020-08-31-accounts - Hinde Street Methodist Church

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Charity Commission – Trustees’ Annual Report for the period Sept 2019 to Aug 2020

Section C – Objectives and activities: Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit).

Hinde Street Methodist Church is a city centre church based in the heart of Marylebone, London, which seeks to be welcoming and hospitable to everyone. We have an open ethos and a tradition of questioning debate, primarily, although not exclusively, from a liberal perspective. We are a diverse and multi-racial community.

The age profile is distinctive with a small number of children of school age but with a larger than average group of young adults. The remainder of the congregation are over the age of 40 and there is a largish group of retirees. A considerable number of our members are professionals with a range of intellectual and academic backgrounds. They offer a wide range of gifts and skills to the community through service in different areas. At the same time we are an inclusive church which welcomes people regardless of ability, gender or age, and seeks to create a warm, caring and nurturing community for all. In April 2015 the Church Council voted to sign up for the ‘Inclusive Church’ movement, and we continue to work towards inclusivity in all that we do, particularly with regards the LGBT community.

Deacon Belinda Letby joined Revd Peter Cornick as our ministry team on 1 September 2019.

Prior to Covid lockdown, the church had three Sunday services, each with its own distinct congregation, with limited cross-over between them.

The 10:00 am service is short and uses an adapted version of the 1936 Methodist Communion Service. Attendance is between 6 and 10.
The 11:00 am service is consciously traditional Methodist worship. A high value is placed on preaching, liturgy (the Methodist Worship Book is used frequently but not exclusively, and communion is held twice a month) and hymn singing. The congregation is also open to less traditional music and innovative liturgical ideas. Average attendance varies between 40 to 70 adults and a small Junior Church meets at the same time. The Church has a strong musical tradition and there is a director of music who is responsible for the occasional choir rehearsal and presentation. The church possesses a fine organ and Steinway grand piano.
The 18:30 pm service has an attendance of around 10 people, and often takes a more creative, interactive and meditative approach, using worship material from the Iona Community and Taizé, and liturgies and prayers written by the church ministers and worship leaders.

Hinde Street Methodist Church has long-established and well-run classes (small groups of members and non-members), following the Wesleyan tradition, which meet regularly. We have 7 classes, so five classes meet monthly, one weekly and one (the class for young people) meets in the university holidays.

Alongside these, there were the following activities:

a weekly meditation led by the ministers and open to members, anonymous groups, local residents and workers (attendance is on average between 10 and 15)
social activities
monthly church lunches and an annual family picnic

The church committees, many of which are chaired by lay members of the church, oversee the various activities including property and financial issues.

Hinde Street Methodist Church has two established residential communities living in flats adjacent to the main church building; one has five members, and one has six members. These communities share a Christian ethos and make a commitment to contribute to the life of the church and circuit – including volunteering in our social projects, and an agreed amount of time covering reception duties when our caretaker is on leave.

The premises (church, church hall and adjacent rooms) are intensively used by various groups during the week.

There are almost 70 “12 step” groups - self-help groups for people with addiction issues who have used these premises for many years. Up to 200 people per day use the premises in this way.
There is a weekly open drop-in in the main church hall on Wednesdays from 4.30 to 8.00 pm, which offers food and support to approximately 20-40 homeless people in the neighbourhood.
‘Thursday Tea-Time’ offers a relaxed meeting place for local people, where a guest speaker addresses the group each week on a topic of general interest.
Church members are encouraged to participate in the wider activities of the West London Mission Circuit, including a significant programme of professional Housing and Community Services located in several areas of London.
During the winter months we offer a meal and a bed for the night on Monday evenings from December to March to fifteen homeless people, as part of the Westminster Winter Night Shelter.

Hinde Street Methodist Church is committed to offering a sense of belonging to young people studying, living and working in London. The church also has a Community Worker whose work concentrates on helping 18-25 year olds become part of the church family by offering them pastoral care, open spaces for asking questions about faith, creative forms of worship, organising social events and developing opportunities for involvement in volunteering. However she has been on maternity leave from summer 2020.

We have a young adult fellowship called ‘ Soul Food ’ where students and recent graduates meet once a month over a meal, for friendship and exploring issues of faith. This has moved online.

We have a covenant with St Marylebone’s Parish Church . Three times a year we organise a pulpit swap, including during the Octave of Prayer for Christian Unity, and on Aldersgate Sunday.

From March 2020, when there was a national Covid lockdown, many of these activities paused. We moved to online worship via Zoom at 11am only, and reached many of our congregation, plus others from outside. We slowly opened up as government guidelines were relaxed and it became viable.

Section D - Achievements and performance: summary of the main achievements of the charity during the year.

Until March 2020, the church was operating as it had for some years, led by our superintendent and deacon. We were able to support local people through our social work arm and had a loyal, if dwindling membership.

The church was heavily impacted by the closure of the building in March 2020 due to the Covid-19 pandemic. We moved to online worship at 11am, but could not open the building for 12 step groups, Wednesday club homeless support or other activities. As and when it became possible to restart these activities in a Covid secure way, we have done so, although questions remain about whether all services will return as before. The membership mostly could transition to online services and we also saw an uptick in visitors online from former members or new people, which was encouraging. Through our class (small group) leaders we tried to ensure pastoral support to our more vulnerable congregants.

The stewards developed, in consultation with the church council, a growth strategy for the church, and successfully bid for funding on this basis from the Methodist Church District. Post-Covid, the team are intending to hire a communications and outreach officer to keep expanding on the offer of the church – a hybrid world, which capitalises on our focus as an inclusive church based in the centre of London. This is being put into action in 2021.

NOTE

The church has now reopened under government guidance (from April 2021) and is operating in a hybrid fashion – both online and in person services. This has been a challenging feat technically and we are now looking into how this can become smoother so we are still welcoming to those not able to travel to central London.

Ak Church Accruals Accounts 2019-2020 THE METHODIST CHURCH TEMPLATE REPORT AND ACCOUNTS (ACCRUALS BASIS) for the year ended 31 August 2020 Hinde Street Methodist Church Reglstergd Charlty- Reglstratlon numbor Ilf appllcable) 1134023 West London Mlsslon Clrcuit No 35102 Mlnlsters Rev Peter CoTnick, Deacon Belinda Letby Church Stewards Cathy Slaler Richard Shepley Richard Stone Allison Nau Margaret Rudland Michael Hustler Church Treasurer Gordon Slaler

HINDE STREET METHODIST CHURCH Church No Statement of Financial Activities (SOFA) for the year ended 31 August 2020 Note5 to Deslgnoted tho Genvral Funds accounts IUnre8trlctedl lunrestrlctedl Restrlctod Endowment Total Funds Funds 2019-20 Income 1 Offerlngs 2 tkinalions 3 Glft ald 4 Interest and investment In¢omo 5 Income frorn investment propertle 6 Intemal organlsal6on$ 6A Leltings 7 Other charltsble income 8 Totsl Income 75,377 3,830 15,847 2,850 75,377 3,630 15,647 3.138 288 153,840 117 2SI,661 153.840 7,719 259,551 1.532 1,820 e,Q70 fj,070 Expenditure 9 Circuit assessment ¢x $hare 10 GTants and donallons 11 Property malnlenancè 12 Insurance.utilil et¢ 13 Depr6cialion 14 Cl88ning and caretaking 15 Other expenditu 16 Internal QTgani$8Uons 17 Tolal charltoblo expondSture 18 Galnslllossesl on monetary Investments 19 Gainslllossesl on Investment propetles 20 Net Incomellexpendltural 21 Transf8rs beiween lunds 22 Olher gainsll105sesl 23 Net movement In fund8 24 Totsl funds brought lorward 15 Total ILsnds ¢arrl¢d forward 65,000 8,900 88.318 22.836 65.000 8,900 90,148 22,836 1,830 46,133 13.657 46,133 19,343 5,686 244,844 2,369 1.830 5.686 252.360 -2,389 4A48 18,500 -10 18,500 4822 .14.052 242,135 228.083 18,490 3,203 101,693 384 5,170 5.554 4,822 330,508 335,330

HINDE STREET METHODIST CHURCH Church No Statement of Financial Activitles (SOFA) for the year ended 31 August 2019 Not*B to Doslgnatsd the General Fund Fund8 occounts IUnr68trlGt8dl lunrèstrlctèdl Re8trlcted Endowm•nt Fund$ Fund8 Total 2018-19 Incomè 1 Offerfnos 2 Donatk)ns 3 Gift &KI 4 Interest and investmont Income 5 Income from investrnent properU&s 6 Internal 0rganls8tk¥ 8A L81tings 7 Otherch8rltablo income 8 Tolal In¢omg 73,209 8,143 16,192 3.719 73,209 8,143 18.192 3,992 273 217,047 1,208 319,S18 217.047 8,687 327,270 1,532 1,805 6,947 5,947 Expenditure g Circuil assessment or shgre 10 Grants 2nd donations 11 Property maintsnance 12 Insurance,uliliti05 etG 13 D6preciat4on 14 Cl6aning and caretaklng 15 Other 8xp&ndilure 16 Intemal organisations 17 Total ¢h3rltable gxpendltLtr8 18 Gainsll1058e81 on monotary Investmenis 19 Gain8lllos8&51 on investment properties 20 Net In¢omelloxpendlturo1 21 Transf8rs b&en funds 22 Othergaln8lllos8881 23 Ngt movement In funds 24Tot21 funds broughtforward Z5 Total funds carrled forward 128.000 8.80D 27.046 24.170 128,000 8,800 38.824 24.170 11,778 61,952 17,903 51,952 22,9015 4,312 257.871 1.780 12,468 4.312 274,861 1,780 83,427 {16.SOOI 110,6631 18,600 1,635 54,399 44,927 197,208 242.135 7,837 75,368 83,203 1.636 3,535 5,170 64,399 276.109 330,S08

Indè6tieg1 Methodl8tChtsf¢h Balanca Sheel a8 at 31 August 2020 olr&IFUnd Aetouhl 28.057 Iws1m8nl 131,P5e 131.gS6 %31225 rot•irfxvd4w¥ets CuThentAMMI 24.13T 241$7 Lntsb 51947 $11 Tl.282 211.V7 C•nU#lFlrdBDllD 6&611 40. 18S.780 051 Cri&lafiduè1nw l y¢> Qwtspw¥&blB4Ml 2058.19 sLs¢o lo13 G.554 $3sJao duealttirnorethanonv Loah8loNCl[(h 226,oia 9$ 336130 Fundtsov+¢uY¢h 22B.5 242,1 6Y,20J n•knlFunrf UN•shlciid 1ffi.fj9Y J2*77G 5.654 $.5 228.Q83 101.663 33D.SW SvJnad Churth T¥e85urer

Hlnde Street Methodlst Churth Note5 to the A¢count5 l. Basls of accountlng The fin8n¢lal statements have been prepared un(kr the Charitle5Act 2011 in accordanwith the 2014 ¥erslon ofAccountln8 and Reportln8by Ch3rit1È5' Statementof Retornmended Practice ISORPI appllcable to charitie5 preparlng thelraccounts In accord8ncewith the Financlal Reporting Standafd for Smaller Entltle5 appllcable inthe UK leffertlve from lJanvary20151-theCh•rltles 50RP IFRSSEI-In rePlement fortheSOeWs 2005 verslon specilled In Its re13ted 2008 Regulatlons alld In accordantrwlth the'trueand falr overrlde. provlsion tontalned therein." 2. Funds ThÈfunds held constitute.. General Fund5 held forany purpose of Ihe Church whlch are Unrestrlcted,. DÈslgnatedftJnds representing unrestrlcted funds set dsldefor parllculor purposes,. and ftestrlcted funds whlch are£er)fOr3 speclfic purposÈ. Dpts115 Qf eath materlal fund are dtsdosed In note 12. Anyfvnds mw be represented by morethan just cash. 3. A¢countln8 pollcles Basls These accounts have been preparèd on the basis of historlc31 cost extrpt that lThvestmentsare5hDWll atthelr m3Tketvalue3ttheend of theyear, on the attruè15 baslsto show atrue and faiKwew of the Church'5financlal position and activities. Income Income Js included in the StatÈ4nentof FinancialActyvitie5 ISOFAI when the Church beceme5 entitled to thÈ resources. and thetrv5tees are reasonably tÈrtaln theywill receive the resour5. and the monetaryvalue can be measured wlth sufficient reliBbilitv. Expendlture Thls Is reco8nlsed when 3 Ilability Is incurred. or a con5tructl¥eobllgatyonarlse5, that resutts In the payMentbÈ1 unavoldoble. Liabllitles are recognised as soon as an outn(Iw of Èconomic bEnefit is considered more Ilkdylhat) not underthe1È8al orcon5trucllve obllgatlon commlttln8the Clrcultto p8youtfe50urtes. Grants Gr3nts m3de bythe Church from Its ownfunds are reco8t)Ised In full atthetlme of a¥reEmEntorwhen the Church accepts thatthere Isa legal or operatlonal oblSÉation to makethe payment. When theBranl Is recurrent over morethan oneyearthe balance payable in futureyears is treated as a provislon forfuture commitments In the Balance Sheetagain5t the approprlate fund, the wovlslon belng released in futureyear5 as instalmeThts are pald In accordance with theori8lnallya8reed terffl5. VAT SInthe Church Is notVAT re8lstÈred. all InputVATis tharged wlththe expenses to whlchlt refers. Tan8ible fixed assets for use by the Church ThÈse are tapltalised If they can be used for moiethan othe year, and Individu8llycortat least £1. Investment Propertles Investment properbÈ5- no pr0pertyl5cuenIlY deemed notto be held forthelongterm purposes ofthecharlty. Investments Investments are valued In the bala$heetat market value BttheyearÈnd. Inve5trnentlncome Is Included Inthe accout)tswhen r¢¢Èfvable and any galn5QT losseson revaluaiion attheyearend are shown in theSOF Oebtors and Prepayments l)ebtor5 Inclvdeoutstandlng lettlnB51nvolces In August. Credltors Creditors IncludeoutstandlnEsrel*ingto utllltles, telephones, etc In Au8USt.

Hlnde Strèet Methodlst Church 2020 2019 4, Payments to Trustees Payments to trustees are made only to relmburse actual expenditure incurred on behalf of the church, and dulv authorised. It is not possible without disproportionate effort to identlfy the amounts Involved (which are immaterial) or the number of payees. 5. Fees for examlnation of the accounts 612 600 6. Pald employees Staff Costs pald durlng the year were: Gross wages, salaries and benefits in kind Employer's National Insurance costs Pension costs Total staff costs 31,356 35.898 2.920 6,333 40,609 2,809 6,368 45,075 Average number of staff employed durlng the year were:

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Hlnde Street Methodlst Church 8 Investments The investments that support the various funds of the church are held by the Trustees for Methodist Church Purposes ITMCPI In the Central Finance Board Managed Mixed Fund, and on deposit in the Trustees Interest Fund. These are regarded as medium to long term investments aimed at a balance between income and capltal growth. TMCP is the legal owner and Custodian Trustee of all Methodist Model Trust property, Including Legacles, Endowments and Accumulated Funds. Trust property is held for and on behalf of local Managing Trustees who are responsible for the day to day management of trust property. TMCP ensure that, through providing guidance and acting under their dlrection, the Managing Trustees comply with charity law and Methodist law and polity a5 determlned by the Methodlst Conference. Analysls of Investment movements Thls year Last year Change In Investment values Carrylng Imarketl value at beginning of year 134,325 117,543 Add: additions to investment5 at C05t 15,002 Less: disposals at carrying value Net gainlllossl on revaluation 12,3691 1,780 Carrying Imarketl value at end of year 131,956 134,325

Analysis of current assets Thls year Last year Debtors and prepayments Sales ledger 18,048 Accrued income IGIft Ald refunds and offertory during chuch closurel West London Misslon Circuit 22,690 16,180 1.418 Other debtors 1,447 409 Total debtors and prepayments 24,137 36,055 Analysls of cash at bank Bank balance held in HSBC 73,415 36,776 Bank balance held In RBS 3,867 3.462 PayPal and petty cash 144 Totsl Cash and Bank 77,282 40,382
Analysis of current Ilabllltles Trade Creditors 8,114 8,016 West London Misslon Circuit 14,397 other Creditors 12,049 5,618 Total Current Llabilltles 34,560 13,634
Capltal commltments and contlngent liabilltles There were no capital commltments or contlngent liabllltles at 31 August 2020.

Hlnde Street Methodlstchurth 12. Detalled analysls of Indlvldual fund movements Unre5trlrted Funds Fund Name Openlng Balance Income Expendlture Transfers Revaluatlon galn51105ses 12,3691 Closlng Balan¢e Malntenance & Extenslon Fund 242,135 251,661 1244,8441 118,5001 228,081 Totals 242,135 251.661 1244,8441 118,5001 -2,369 228,083 Deslgnated Fund5 Fund Name Openln8 Balance Income Expenditure Transfers Revaluatlon 8alnsllossès Closlng Balan¢e 19 Thayer St Dilapidat50n5 16A Hinde St Dilapid3tions Ellis legacy- accum. Income Frayn legacy- capital Frayn legacy- accum. Income 28,754 44.277 9,268 674 230 1,723 2,500 16,000 32,977 58,447 9,365 674 230 11,8301 97 Totals 83,203 1,820 11,8301 18,500 101,693 Restricted Funds Restrl¢ted Fund Name Openln8 Balan Income Expendlture Transfèrs Revaluation galns/losse5 1051ng Balante Winter Night Shelter Wednesday Club Near Neighbours 3,217 1,343 610 3,400 2,670 13,0471 12,1481 14911 3,570 1,865 119 Totals 5,170 6,070 15,6861 5,554 Reasonsfor transfer between funds IA) Annual provision for cycllcal repalrs.

Name of Church ..,HINDE STREET METHODIST CHURCH............ No...35102.....- Declarations and Scrutiny I coiifirm that these aocruals-based account8 for the year to 31 August 2020 have been prepared from Ihe records of the Church and that they Include all funds under the control of thè Church trustees. Signature of troasurer .... Name and address of treasurer . .Gordon Slater, 2A Oxford & Cambridge Mansions, Old Marylebone Road, London Post Code...NW15EB Presentatlon to the Churclj trustees I confirm thgt the annual report and aGcounts for the year ended 31 August 2020 were presented to the meetlng of the Church tTUStees held on 15 November 2020. Signature of the Chair of the meeting Name ofthe Chair ofth8 m6ellng .Rev Peter eornick............ Date.......-............ Independent Examiner's Report to the Trustees of the .Hinde Street Methodlst..Church Charity Number 1134023. Responslbllltles and basls of report I report to the truslees on my examinallon of the accounts of the Hinde Street Methodist Church for the year ended 31 Augu812020 set out on pages .1. to lo As the Church's trustees, you are responsible for Ihe preparation of the accounts In accordan with the requirements of the Charities Act 2011 ('tho Act,). I report in respect of my examlnatlon of the Church's accounts carr16d out under section 145 of the Act and, in carrying oul my examlnatlon, I have followed all the gpplicable Dlrecllons given by the Charity Commission under section 145(5){b) of the Act. delete or circle as appropriat9

Name of Church. .HINDE STREET METHODIST CHURCH........................ Independent Examiner's Ststement IThe Church's gross income exceeded £250,000 and l am qualified to undertake the examination by being a qualified member of (insert name of applicable listed body)]. Delete l ] if not appliGabl8. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination ( ) which give me cause to believe that in, any material respect: the accounting records were not kept in accordan with section 130 of the Act., or the accounts do not accord with the accounting records- or the accounts 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 the trustees, annual report is not consistent with the accounts 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 accounts to be reached. I havell4anot. obtained independent verification of all investments with the Trustees for Methodist Church Purposes or held in other trusts, bank balances and funds at the Central Finance Board of the Methodist Church which are individually in excess of £10,000 (ten thousand pounds) at the balance sheet date. Signature of independent examiner Name of independent examiner WI CAO (41 Relevant professional qualification of independent examiner rccA Name of fimi (where appropriate) Address IL-*0 Post Code u3H IH4 Date delete or Gircle as appropriate September 2020

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Analysis of current assets Thls year Last year Debtors and prepayments Sales ledger 18,048 Accrued income IGIft Ald refunds and offertory during chuch closurel West London Misslon Circuit 22,690 16,180 1.418 Other debtors 1,447 409 Total debtors and prepayments 24,137 36,055 Analysls of cash at bank Bank balance held in HSBC 73,415 36,776 Bank balance held In RBS 3,867 3.462 PayPal and petty cash 144 Totsl Cash and Bank 77,282 40,382
Analysis of current Ilabllltles Trade Creditors 8,114 8,016 West London Misslon Circuit 14,397 other Creditors 12,049 5,618 Total Current Llabilltles 34,560 13,634
Capltal commltments and contlngent liabilltles There were no capital commltments or contlngent liabllltles at 31 August 2020.