2022-08-31-accounts - Hinde Street Methodist Church

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HINDE STREET METHODIST CHURCH Registered charity no. 1134023

Charity Commission – Trustees’ Annual Report for the period September 2021- August 2022

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, sexual preference 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. We have recently approved a motion to allow the church to conduct same-sex marriages, after the national Methodist Church conference gave churches this option.

Our ministers include Rev Peter Cornick and Deacon Belinda Letby.

The church has three Sunday services, each with its own distinct congregation, with limited cross-over between them.

The 9:30am service (formerly at 10:00) is short and uses an adapted version of the 1936 Methodist Communion Service. Attendance is between 6 and 10 and this service happens twice a month.
The 11:00 am service is every week and 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. Since Covid, the 11am service has also operated online, and continues to offer ‘hybrid worship’ in person and on Zoom, and was Zoom only from January to May 2021
The 6.30 pm service, which is fortnightly, 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. Since Covid it has taken place on Zoom, and it remains an online-only service.

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, with five classes meeting monthly, one weekly and one (the class for young people) meets only in the university holidays.

Alongside these, there are 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 5 and 10)
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 of young adults. 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 35 “12 step” groups - self-help groups for people with addiction issues who have used these premises for many years. Up to 100 people per day use the premises in this way.
There are two weekly open drop-ins in the main church hall on Wednesdays and Thursdays from 4.30 to 8.00 pm, which offers food and support to approximately 20-40 homeless people in the neighbourhood.
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. This has not happened since the pandemic, and at present Westminster City Council is pursuing other means to help homeless people during the winter months.

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 18-30 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.

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, but may return to being an in-person meeting.

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

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

During 2021, the church began to put into action its ‘growth plan’ and also reopened in line with changing government guidelines (this meant the building had periods where it was open and we offered ‘hybrid’ worship following health regulations, and other periods where all worship was online). Currently we have established a pattern with 1 in-person Sunday service, 1 ‘hybrid’ Sunday service (our largest), and 1 online service, and are gradually reintroducing elements such as in-person refreshments.

The growth plan had several arms to deal with the dwindling funds and membership, which were significantly exacerbated by the pandemic and the resulting loss of any income from lettings in the building. The church was given a grant by the Methodist London District, some of which it has spent on an online rebrand (in progress) and a refresh of the website to capture online traffic. We have a Digital Communications and Outreach Officer to capitalise on our online presence, including Zoom services. We ran a stewardship campaign in the autumn of 2021 to attempt to increase congregational giving.

The church has recovered much of the income from lettings and many groups have returned. Throughout the various closures and openings of the building, the church has remained tight-knit and welcoming to new members, and has offered pastoral support through our class (small group) network and keeping in touch with more vulnerable congregants. We also managed to extend our ‘Wednesday club’ (serving food and hot drinks to homeless people and their friends) to include an additional session on Thursdays, addressing a particular need in Marylebone. We have been grateful for some substantial donations to support this work.

Ak Church Accruals Accounts 2021.2022 THE METHODIST CHURCH TEMPLATE REPORT AND ACCOUNTS (ACCRUALS BASIS) for the year ended 31 August 2022 Hinde Street Methodist Church R•gl*tsr•d Charlty- R•gistrth numbor Illappllcabhl 1134023 West London Mlsslon Clrcutt No 35102 Mlnlst•rs Rov Petsr Comi¢k, Dean Belila Lelby Church St•ward$ Cathy Slat8r chard Shapl Margaret Rudland Helen Comid( Church Treasurer G¢)rdon Slal¢r

HINDE STREET METHODIST CHURCH Chwch No Statement of Flnan¢ial Actlvities ISOFA) for thè year ended 31 August 2022 110ts8 10 Dg81gnat•d Gen•r¥l Fund Fund• •¢tountx IUnr•8tsletod) luthr•8ltht• R••lrf¢t•d Endowrn•nt Tol41 Funds FundB 202142 Incomo 1 Olfwlrwjs 2 Donations 3 Glft aid 4 Irrtarest and hNg8tm8nt 5 from hvestsnont pro 6 Intemal rxganionJ 6A L?Ibr95 7 Cther Charitab inc•m8 8 Totsl lftcom• 91e88 93M8 7.982 21.425 3.710 4,312 21,435 206.080 208.080 330.392 4.312 34885 Expendlture 9 c1Ul1 a66essment or share 10 Granb and donations 11 Propfyty m8lTh1?ncg 12 lYwJrnnc4.utilti6s etc 13 Depdation 14 Cleaning, wel*kng & Srtty 15 0th8r 8xp8TrJitur8 16 Int•m81 orgarIOn$ 17 To¢•1 ¢harll•bl• •¥p•Ddltur• 18 Gal8¢¥j on monttsry Invtrsiments 19 GaIlIk)s888I on knv88tmenl prop8rti81 20 N•t In¢omoll•xp•ndMur•l 21 TrBnSf8 b8fvrt•n funds 22 Other 9alnsll10s8esl 23 Nèt mov•m•nt In fvnrl• 24 Total funds brou4ht forward 25 Totsl funds forward 126.000 9,4(M) 64,337 30.045 I.000 9.400 7J320 30.045 9S,460 34.383 95.460 3.714 3S9.625 19.8121 11S97 37775 121 139.0451 1212Th)1 1541} 152A122) 21,200 60,245 208.614 148,30• 8.764 115.507 124.271 S41 11M11 11.27 022) 335fft32 2.910

HINDE STREET METHODIST CHURCH Church No Statement of Flnanclal Actlvities (SOFA) for the year ended 31 August 2021 Notm tt OMlgn•led th• Gon•rBI Fund Funds R•8trl¢t•d Endowm•nt Tolal ¢¢ounl• IUnr••trf¢t•d) {unr••lrfthdl FunJ• Fund• 202041 Incomè 1 Offerirrfjs 2 Drmi>)ns 3 GMaKI 4 Interesland Inv88¢ment 111> 5 Irb¢ams from Invèsts# WOPOrt 6 Inte1 organk%atkJns 8A L¢ttlng$ 7 Olher charilablo W1me 8 Total In¢orn• 75.982 15.775 17,793 2.258 75,gJ2 15.77S 17.793 2,314 148.371 2.601 262,780 148J71 11.801 272.036 9.200 Expendlture 9 Circuit 8sS8s8m8nt or 8haro 1D Grdnts and donalons 11 PrO[ty maintenance 12 InsUr8.UknIl1l8ts ètc 13 Depdaon 14 cleaning and ¢arttting 15 (Xharworvjsture 16 Intemal organls8lon8 17 T+)tsl ¢hafltablè •xp•ndkur• 18 Gain8llk)ss881 on rn0Tr8t8ry in¥e81m8nts 19 GaibW(b8sesl on Investffnl prq)erties 20 t In¢omellexpgndlt¥rel 21 Trans18rs bedY88n (vr¥Js 22 Other galrtslOosseg1 23 P4pt mDvom•nt In funds 24 Total funds brou8ht IoTwafd 25Total funds arrled frbrward 122.( 9,100 18.568 27089 122.000 9.1011 18fv16 248 86.197 22A17 80.197 31.654 6.194 286.2YI 24.222 29SA56 24222 731 202(4) 6257 20,200 -19,469 228,083 208,814 13,814 101,693 11S.507 8,257 5,554 11.811 102 335330 335,932

J&2 Balanc• She•t a• at 31 August 2022 2U51 ITW 20.41a .410 Lw• ts¢hun 40.74B 161 41.1 1? t6.616 16 88%16 124, ia37• 2022.33 124371 140.3 140x9 I211 .0 11SS)7 I111 124311 SWJn

Hlnde Streel Methodlst Chur¢h Notes lo the A¢¢ounts l. Basls of a¢¢ountln8 The financkil stéménts haw been prepared ut)derthÈ Charitie5 Act ZDII in Kcordance wlth the 2014 YÈtsion olAoUntIn8 and Repon& th4ritie5'. StotsmeDt of Recomrrended Prathce ISORPI applltsb tocharftles prepartthe1r4cC0uDts attordancewtth the Fknanoal Reportln8 Stsrtdad lorSmalleT Entylles aFylicat4e in the UK lellELlb¥efrom ljawary 20151- Ihe Chaffties SORPIFKSSEI- in repLic•nent lorthe SORWS 2CI)5 ¥slon Sped In Its related 21)J8 Re8ulatbns Ind itt attoTdanWsth the'true and faw overrid¥ pro5)¢)d thereln.- 2. Funds The lunds held ¢onstitute'. Genefal FdS held lof any9vfKK)se olthe Churth whl¢h are Unreslrkted: Oes¥nad fvnds teprtsertlnBunvest¥lcted funds aslde for prtiryl•rpurposes.' and Res11iaed funds whlth artlth lora specffl¢ wrpose. Detallsof nwterfal fvnd a d15ch)sed In Dote 12. Any fund5 be preSented by more Ihan JU u5h. 3. Affounllng polldes These accounts have been Fxeparedon Ehe basts of hi#orlc $temE¢Pl Ih•t inve51ments aresh atthÈirmarkÈtwdlueat the endolthe vear. on the attruals b4SiStO show a tnjeand lalr vlewolthechuich'sfinandal pos0 aThJ aultIe Income Income is induded In the St4meni of f[thalaIAlltseS ISOFAI when thechurth becomes ente there50r. and the tnjsthes are rt050nabtyrertal thrywlll re£elvethe resourtes. Thl the rnoMtsryvafvJe¢an be rfasudT1th 5thftdEnt rdiabllity. Expendlture This 15 rey)gnls•d when è l+abl4ry Is Incurred ora tonsttyJttN OblatIon arw thatfesults ltsth¢ b¢kn8 unwoid•L4e. Llabllhies •re reca8nised as SODn 35 an oufflowof e(onomk befftefrt is ronsldered more4¥than rt ufidw the IW arc#nstruCfveolA4t&On commlttlngthe Ckultt• pay re5wrce5. Grants made thE Church fr( its owTrlunds are reco8nlsed In full at the tlnK )198Ten1 orwhen the Chw(h accew tt the15 a leBal or operatk)nal obli8•Uon to tho wment. when113 is retunt over more tharb one year balance payable in fvre years Is treated as • PTo¥lslon lorfuture wrnrnlrrnents in the Bala¢ Sheetagalnstthe apwowle fuNJ. the pro¥tskni reled In luture years as lthstalments are psd In 1¢Wrd¢ewb the o¢in4lly a8r¢9d i•rms. VAT Since (hurth Is nolVAT re4lstered, 811 Inwt VATlschryd 4th theeperto¥hh It refefs. TaltsIe Ilxed assets for use by the Church Ttrse¥e ¢•pit•lhqd rftlmfcan be usedlormore thlnoneyear, aNI lTrJwlthJalco$t at kn•st ELCW. Investment Propertl•s In¥estMt propertles. no pwrty 1$ vretty deemed I1 to bÈ hdd farthe longterni puiwses of1 (harfty. IrNeSirots are ¥alue¢J In the balance shr at rnarketvalue att yÈareM. Irw•s¢rn•nt Inrome is incIle In thèatcLwntswhen re¢thable¥r anyRalnsorlosses on revaath?n * theyearerJ are sho In th¢ 50F Oebtors and Preyyments Oebtats outstsndtr¢ knings ln August. Credltors Credittlrs I1ldet5nd1n5 relotlngtoutiif(i¢s. iekph(¥R& ei¢ In AuwsL

Hlnde Street Methotllst thvrth 2022 2021 4. Payments to TiuM¢es Payments to trustees are made only to relmburse actual expenditure Incurred on behalf of the church. and dulv authorised. It is not posslble without disproportionate effort to iderrtify the amounts involved Iwhlch are Immaterial) or the number of payees. 5. Fees for examlTration ofthe ac¢ounts 636 624 6. Paid ernployees Staff Costs paid durlng the year were: Gross wa8es, salarle5 and benefits In kind Employerfs National Insurance costs Penslon costs Total stsff costs 69.215 66.162 4,676 9,860 80.698 10.305 85.160 Avqra8e number of staff employed during the year

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HlrKle Street Methodlst Chut¢h 8 In¥eslments 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 deposil in the Trustees Interest Fund. Thèse arè règarded as medium to long term Investments aimed at a bjlance between Income and capital growth. TMCP Is the legal owner arKI Custodlan Trustee of all Methodist Model Trust property, ineludin8 Le8acies. Endowments and Accumulated Fund5. 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 providin8 guidance and acting under theSr dlrectlon, the Managin8 Trustees comply with charity law and Methodist law and polity as determined by the Methodist Conference. Analy$15 of In¥e5tment movements Th15year Last year Change In Investment values Carryln8 Imarketl value at be8inning of year 156.178 131.956 d: addltions to investments at CQSt Less: disposals at carrying value Net gainlllossl on revaluatlon 19.8121 24,222 Carrying Imarketl value at end of year 146.366 156,178

Aftalysls ol current assets Thls year Last ye•r Debtors and prepayments Sales ledger Accrued Income IGIft Ald refundsl 19.(XY) 22.000 West London Missbon Clrcult Other debtors 1.418 461 Total debtors and prepoyments 208 22,461 An*51s ot Q5h at bank Bank balance held In HSBC 37.232 52,274 eank balance held In RBS 3,869 3.867 Pètty cash Total Cash •nd eafik 41.106 56,141
Analysts of current Ilabllltles Trade CreditOf5 20,812 11,641 West London Mission Circuit 30.671 13.443 OthÈr Creditors 15.033 12,592 Total Cuent U•bllltles 66.S16 37,676
Capltal rommltments and contlncent Ilabllltles There were no capltal commltments or contingent liabilities at 31 August 2022.

Hlfide Street MethChurCh IX Ilelalled anatysls of Indmdual fund movements Unreslrkted Fund5 Fund Name Openlng Balance Inc¢xne Translers Revaluatlon althsno5XS Closlng BalarKe Maintenance & Extension Fund 208.614 330.392 {359,6251 121.2(K)I 19,8121 148J69 Totals 208.614 330.392 1359,6251 121.2001 -9,812 148,369 CknFDatad F¥nd$ Fund Name Openin8 Bèlanté Income Expendlture Transler5 Revduatlon galns110sx5 Closlng Balance 19 Thayer St Dilapidatlons 16A Hinde St Dllapldatlons Ellis legary- accum. Income Frayn legacy- Capital Frayn lega - accum. Income 37.214 74,199 3.190 674 230 107 4,200 17.(X)O 41.521 82.316 434 101 18.8831 12,8101 16741 12301 Totals 115.507 161 112.5971 21,200 124.271 Restrtcted Funds Restrfcted Fund Name Openlng Income E¥pendlture Transfe Revaluatlon galnsl1osS Cltisini Balance Wlnter Night Shelter Wednesday Club Near Neighbours 3,570 8.225 16 11641 14A91 3,406 7,848 16 4.312 Totals 11.811 4.312 14,8531 11.270 Reasons for transfer IA) Annual provision for cyclical repalrs.

Name of Church . .HINDE STREET METHODIST CHURCH... No 1134023 Declarations and Scrutiny I confimi that these acuuals-based accounts for the year to 31 August 2022 have been prepared from the records of the Church and that they include all funds under the control of the Church trustees. Signatureoftreasurer............................................................... Datetgri ZéL3 Name and address of treasurer Gordon Slater, 2A Oxford & Cambridge Mansions, Old Marylebone Road, London Post Code NW15EB Pre8entatlon to the Church trustees I confirni thal the annual report and accounts for the year ended 31 August 2022 were presented to the meeting of the Church twstees hekl on 6 N 022. Signature of the Chair of the meeting: .... Name of the Chair of the meeting.. . Rev Peter Cornid(...... Date . 28 rt Indapendent Examiner's Report to the Trustees of the .Hinde Street Methodi8t.....Church Charity Numbor 1134023 Responsibillties and ba818 of report I report to the twstees on my examination of the accounts of the Hinde Street MetPthist Church for the year ended 31 August 2022 set out on pages J.. to ID As the Church's trustees, you are responsible for the preparation of the accounts in acconIan with the requirements of the Charities Act 2011 ('the Act,). I report in respecl of my examination of the Churth's accounts carried out under section 145 of the Act and, in carying out my examination, I have followed all the applicable Directions given by Ihe Charity Commission under section 145{5){b) of the Act. . dete or cirde as appropriate

Name of Church HINDE STREET METHODIST CHURCH... No 1134023 Ind•p•ndent Examlneffs Statement The Church's gross income exceeded £250.000 and l am qualrfRd to undertake th8 examination by being a qualified member of (insert name of applicable listed body). I have completed my examination. I confinn that no material matters have come to my attention connection with the examination (other than that disclosed below.) which give me cause to believe that in, any material respect.. thè accounting recor(Is w8re not kept in accordance wtth section 130 of th8 Act; or the accounts do not accord with the accounting records". or the accounts do not comply with the appltcable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports} Regulations 2008 other than any requirement that the a¢Unts give a 'true and fair, view. which is not a matt8r nSIdered as part of an independent examination the trustees. annual report is not consistenl with the accounts I have no cOnmS and have come across no other matters in connection wilh the examinats'on to which attention should be drawn in this report in order to enable a proper understanding of Ihe accounts to be reached. I havelhave not. 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 £10,0 (ten thousand pounds) at the balance sheet date. Signatur8 of ind8pend8nt examiner Name of independent examiner Pu! LL Ir .tXA...(a Relevant professional qualrfication of independent examiner Name of fim) (where appropriate) i•¥Tro{ Address . Phuff ZI LEhJrrt ST/lr£f /4LYD Post Code 4u&¥ i delete or circle as appropriate

J&2 Balanc• She•t a• at 31 August 2022 2U51 ITW 20.41a .410 Lw• ts¢hun 40.74B 161 41.1 1? t6.616 16 88%16 124, ia37• 2022.33 124371 140.3 140x9 I211 .0 11SS)7 I111 124311 SWJn

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Aftalysls ol current assets Thls year Last ye•r Debtors and prepayments Sales ledger Accrued Income IGIft Ald refundsl 19.(XY) 22.000 West London Missbon Clrcult Other debtors 1.418 461 Total debtors and prepoyments 208 22,461 An*51s ot Q5h at bank Bank balance held In HSBC 37.232 52,274 eank balance held In RBS 3,869 3.867 Pètty cash Total Cash •nd eafik 41.106 56,141
Analysts of current Ilabllltles Trade CreditOf5 20,812 11,641 West London Mission Circuit 30.671 13.443 OthÈr Creditors 15.033 12,592 Total Cuent U•bllltles 66.S16 37,676
Capltal rommltments and contlncent Ilabllltles There were no capltal commltments or contingent liabilities at 31 August 2022.