2023-08-31-accounts - Hinde Street Methodist Church

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Charity Commission – Trustees’ Annual Report for the period September 2022 - August 2023

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 and young people 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 large 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 orientation 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. Members of the church attended the Pride March in June 2023.

Our ministers include Rev Peter Cornick and Deacon Belinda Letby (to 31 August 2023). From September 2023 Deacon Ruth Yorke will be working at Hinde Street.

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, hymn singing, liturgy (the Methodist Worship Book is used frequently but not exclusively), and communion is held twice a month. The congregation is also open to less traditional music and innovative liturgical ideas. Average attendance varies between 30 to 60 adults and a small Junior Church sometimes 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~~ church and on Zoom.

The 6.30 pm service, which is twice a month, has an attendance of around 10 people, and often takes a more creative, interactive and meditative approach. It alternates between being in church and on Zoom (hybrid), and on Zoom only.

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 6 classes, with four classes meeting monthly, one weekly and one (the class for young people) meeting occasionally.

Alongside these, there are the following activities:

a weekly lunchtime meditation group led by the ministers, the community worker and other participants and open to members of the church, anonymous groups, local residents and workers. (Attendance is on average between 5 and 10).
social activities
monthly church lunches and an annual family picnic.
2 weekly open drop-ins in the main church hall on Wednesdays from 4-7pm and Thursdays from 3-6pm, which offer food and support to approximately 30-50 people experiencing homelessness, or who are vulnerably housed within our neighbourhood.

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 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.
Church members are encouraged to participate in the wider activities of the West London Mission Circuit, which has a significant programme of professional Housing and Community Services located in several areas of London.

Hinde Street Methodist Church is committed to offering a sense of belonging to young people studying, living and working in London. Until March 2023 the church had a Community Worker whose work concentrated on helping 18-30 year olds become part of the church family by offering them pastoral care, open spaces for asking questions about faith and creative forms of worship. The young adults continue to meet regularly for friendship and exploring issues of faith.

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.

Our growth plan which was created in 2021 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 London Methodist District, some of which it has spent on an online rebrand and a refreshing of the website to capture online traffic. We have a Digital and Communications Officer to capitalise on our online presence, including Zoom services ~~.~~

The church has recovered some income from lettings and many groups have returned. However, the church still faces economic challenges and – working with the assistance of Methodist Central Hall Westminster - is currently considering a ‘New Business Plan’ with the aim of increasing our income from lettings considerably.

The church has remained faithful in its fellowship and welcoming to new members, and has offered pastoral support through our class (small group) network and keeping in touch with more vulnerable members of the congregation.

Ak Church Accruals Accounts 2022-2023 THE METHODIST CHURCH TEMPLATE REPORT AND ACCOUNTS (ACCRUALS BASIS) for the year ended 31 August 2023 Hinde Street Methodist Church R•gl8t•f•d Charfty- R•glstratloft numb•r (If •ppllcatA•) 1134023 West London Misslon Clrcuil No 35102 Mlnl8t•vs Church Stewards Josèph Glys•J M8rgar81 Rut*and Cathy Slatèr Church Troasurnr

HINDE STREET METHOOIST CHURCH Church No SLitement of Financial Activities (SOFA) for the year ended 31 August 2023 th• G•n•rnl Fund Funds R•strlc¢ed Endownnt Totsl 2022-23 Income l Offertngs 2 Oonaticffi¥ 3 Gift awj 4 Interesland InVestsnt inwrn8 5 Incm If¢m ¥•SnI worlO&s 6 Intemal org•alons PJA Lettin98 7 othor tharitablo Inctmg 8 Total In¢om• 3.7fAJ 16.516 3.780 16.516 7.329 228.812 228.812 24,000 363.023 358J03 Expendlture 9 Gi1t as¥gs¥menl ¢x shartr 10 Grants aThJ donalkns 11 Prop Maitance 12 knSurar.uti1th5 ete 13 Depreciality) 14 Cieantng and rAretsking 15 Othèr •xp•ndth 16 Int6m21 oryanisations 17 Total ¢hartable expondliuro 18 G8lnsllk)ssosl on rTrJnotary ww8strnBnts 19 GainslUossI on Investm8nl piowbes 20 N•t Incom•l(•xp•ndKLThI 21 Tran¥ts èets¥gen funds 22 Other gab)sl(Ixs¢$l 23 Ngt movgmant In fund¥ 24Total funds brougm forward 25Totsl furtds<anled lon¥a lJ3.000 11,5 27.876 30,547 ZJA51 30N7 140.871 140,871 63,117 6.454 4Q6.911 4.216 6.216 .305 40.104 QA54 11.270 0.104 283,910 233WO 148,369 104.024 124.271 12068

HINDE STREET METHODIST CHURCH Chwth No Statement of Flnanclal ActivltSes (SOFA) for the year ended 31 August 2022 Gen¢ral Fund R•sbld•d EMd¢wment Tolal Funds 202142 Incomé 1 Otring5 93.688 91688 7.962 A25 3.710 4J12 3 Glft ahy 4 Intsr8¥t Inve8lnKnt Korr• 5 Incom• from inveslm8nt prop8rfi8S 6 Inlomal oryani%ations 6A Letting$ 7 0th8r tharftaNe IrKo 8 Total In¢om• 21.425 181 204080 330A92 4.312 334.865 Expèndlturo 126.( 12QOOO 10 Grants and donalK 11 Pryrty maintenanco 12 Insura)ce,ublities etc 13 Depr8eialp)n 14 Cleanlng, rarkn"ng & s[ty 15 olher expendiiure 16 Inwm81 94Th1$81$ 17 Tot81 eharltabkn •xpondltsrn 18 Gainslllosses)t rrKJnel8ry investrnents 19 Gal[1(105es} on inves1nI FYOP8it 20 N•t In¢oM•l{•xp•ndll#j 21 Transfefs betwefjn f1$ 22 Other gainsJllJsse$l TJ Not mwefflent In funds 24Totsl fund5 brought forward 25Totsl ld3 ¢arrled forward 64J37 30N5 73220 30.045 3.714 950 11597 4,853 377.075 19.8121 19M12) 1114361 212fy) {541) 0 (52,0221 1212W) (764 115.507 124.271 541 11.611 11.270 52.022 335.932 283.910 20B.614 148J69

Hlnd• 8ir••tll•thothtUwvth Balance Sh•et as al 31 August 2023 20mT 110.1SJ .187 Q6516 •7.1•7 4f•J IXJI• 1Dim4 14JXY 1242TI 124J•l 16

Hlnde street Methodist Churth Motes to the Accounts l. Basts ol ac¢ounti Thefinancial statements bEerb prepared the CharfWAci 2011 kn aCC(Kdan¥rth tho 2014ver5ion ofAwJwtirB4nd Reporting Charibe5.' 5tstementof Recommended Praciice ISORPI app3ttrO tharfties pYep•rir¥thEif acccunts in xcOrdae wijh the Financial Ileportlng Stèrtdard lorsrnaller Entities aprab Inthe UK leffectrefrom l J¥K4ry20151-t1(h1I•s SORP IFR5SEI- In replacenxntfor the SORW5 2(5 ¥Èrsloh sord In stsre1al ZL1141ati0n%aThJ In irn- 2. Fund$ The funds held cons. Gen Funds heldlorarrfwwofthe arE lknreth¢ed.. DMn•ted fd5 rewe5enu¢y unre5thCted fvnd$5etaslde lorpartlcularpwposes.. and Ilestsic lurnJ5 awe 8iven fura SpeU puryAxe. IknL% of each merfal are disdoseo in note 12. knyfunds may bÈ rwesofited ty mtr¢ thahpotr¥h. 3. AccouThtln8 polkles Basls These accounts been prepared onthe t4si% of hist£rfka costextthItIAtrnare showm at th•r maetv4ue¥ttheend ofthe year. on the basls th sknw atrar fairYiewoftrCtrwh'5 fffjanual aThJ Incomè Income fjs inchJdÈd lrt the StstementafFThn(ial the Churth becomesentrtledtothe 5Jr¢e and the tDJsteÈs arè 1ea5onaY rtain they wil receivethe resour.3 themC¥akc3Tr be suifKlert welaEMlity. Expend5ture Thls Is recognfjsed when a I•11ty Is incurred, or a (oThstruc avi5e5. that in theYmeTht beir#d aVble. Uabllities a iecoRnised¥s SO( as an outhow ofeC0k iscorGithred rnorEW thartu1eT the lea or constrwri¥e OtrA5On committTngthe Clrcultto pay oul resaiwtss. 6r•nts Grnnts mjde bythe Churth from rt5 ovm fvndsare rectSed infvAatthe UWof3RreUftorheThthE Cffiu acrepts thattherè Is a legal or operational Ob13t10Tht0 n¥ke ihe paymeN. When the ¢w fjs over ThthIn one ye•rthe bèlar pty•ble infvture years treèted 35 a wo¥(slonfor future commitsnents kn the Bftce She wnsttr4ywiatsfund. the FYovi%ion bfftn8ra5ed in fvreyearS as i1knets are pald inaceord•ewth ori&naltya8rtod ttrN VAT Slncethe(hurth1sm¢tVAT 411 lnwtvAT dwydythen$lO ¥rth * refets. Tanglble flxed assels for use bythe Churth Theseare CataSed Iftheycan be nKrtihafft (Myear. ithiduallymAat kax£LOJ). Investment Propertles Investrnents Investments ar¢¥aed in sheetatm¥k# value al theywety kh*sim 1ndIlE in theattourrtswhen recel¥able anygains DT losses on rÈvaluatk)n at theyeareTrJ the SOF Debtors and prePats OÈbtors include otar11BtlthBs invoices In Awrt. Creditors edltorslndbjde osJtstsnt4n8skI1ngtoVI1h18 ieleskn, elc ITh

Illnde Street Mrfhodlst Churth 2023 2022 4. Payments to Trustees Payments to trustees are made onlyto re1Mbu artual exndIt incurred on behalf of the church. and duly authorised. It is not possible without disproportionate effort to identify the amounts invoived Iwhth are immaterial) or the number of payee5. 5. Fees for e¥amlnatl¢M of theaccounts 636 6. Pald ernployees Staff Clts pald durlw the year were: Gross wages. salaries and benefits in kind Employerfs National Insurance costs 94.683 69.215 6,989 12.270 113.942 Pension costs Total staff costs 10.305 85.160 Average number of stsff employed durln8 the year

111111 11 11 11 11 11 111111

8 Investments The investments that support the various funds of the thurch are held by the Trustee5 for Methodist Church Purposes (TMCPI in the Central Flnance Boèr(l Managed Mixed Fund. and on deposit in the Trustees Interest Fund. These a re8arded as medium to long tenn investments aimed at a balance between Income and capital growth. TMCP Is the le8al owner and Custodian Trustee of all Methodist Model Trust property, including Legacies. Endowments and Acturnulated Fund5. TTUSt property is ld for and on behalf of local Managing Trustees who are responsible for the day to day management of tnjst Kry*rty. TMCP ensure that. through providing guidance and acting under their directlon. the Marsa8in8 Trustees comply with charity law and mhod15t law and polity as determined by the Methodist Conference. Analysls of Investment movem• This year iart year Change In Investment values Carrying Imarketl Trrdlue at beginning of year 146.366 156,178 Add: additions to investments at cost Less: dSswsals at carryin8 value Net 8ain/llossl on revaluatiL (6.2161 (9,8121 Carrying Imarketl value at end of year 140,150 146,366

Analysis of ¢urrent wets This year last year Debtor5 and prepayments Sales ledger 339 Accwed income (Gift Aid refunds) 18,0th) 19,WD West London Mission Circult Other debtors 180 1.418 Total debtors and wepayments I819 20,418 Analy515 of cash at bank Bank balance hetd In HSBC 23.546 37,232 Bank balance held in RBS 3,869 Petty cash 1,917 Total Cash 8ank 25A63 41.106
Afftas Qt wrrent liabllltles Trade CreditOKS 20012 West London Mission Qrcuit 55.568 30,671 Other Creditors 11.$79 15,033 Total Current Llabllltles 87,187 66516
Capltal Camnknn and contliwrt Ilabllli There were no capital commitments or contingent liabilities at 31 August 2023.
Detaled analy51sDf Indlvldual lund Mments Unfestrlrted Funts fnd PlamÈ Openlnl Balafi Revaluatlon 8ai1151105ses 162161 Clos1 8#l•n¢e maintenan & E¥tensiort Fund 148.369 358.(K)3 1396.1321 104.024 Totals 148,369 358,(K13 1396,1321 -6,216 104,024 Desl6nated Funds Fund Name Openl Revaluatlon gaSnsl1¢5ses Closlw Balab)C¢ 19 Thayer St Dilapldations 16A Hinde St Dilapidations Ellis le8acy- accum. Income 41.521 82.316 434 937 14.325) 38,133 82,316 517 83 Total 124,271 1.020 14.3251 120,966 Restil¢ted Funds Restslcted Fund P4ame Openlng Balan¢e 3.406 Tran51ers Revaluallon galn5llosses C1051n8 Balan Wlnter Night Shelter Wednesday Club Nèar Neighbours 3,406 5,410 16,454) 16 -16 16 Totals 11.270 16.4541 8.816 Reasons fortrnnsfer betweon lund5 To merge funds with 5imikr purpo5e5.

Name of Church ...HINDE STREET METHODIST CHURCH......... No...1134023........ Declarations and Scrutiny I confimi that these accruals-based accounts for the year to 31 August 2023 have been prepared from the records of the Churth and that they include all funds under the cL)ntrol of the Church trustees. Signature of Ireasurer............................ Date. i ? ?o?F Name and address of treasurer ...Gordon Slater. 2A Oxford & Cambrtdge Mansions, Old Marylebone Road. London. . Post Code NW15EB Pre8entstlon to the Church trust••s I confitrn that the annual reFKXt and accounts for the year ended 31 August 2023 VtrereAth" psented to the rneeting of Church trustees hekj on ...S. zts¥3 . Signature of the Chair of the meeting: ........ Name of the Chair ofthe meeting: ...Rev Peter Comick......... Date ....1.4.:..4.: 2¥.. Independent Examinerfs Report to the Trustees of the ..HINDE STREET METHODIST...................... ...Church Charity Number...1134023........... R•sponslbiliti•s and basis of report I report to the trustees on my examination of Ihe accourrts of the Hinde Street Melhodist Church for the year ended 31 August 2023 set out on pages l. to 10 As the Church's trustees. you are responsibte for the preparati¢)n of the accounts in accordan with the requirements of the Charities Act 2011 ('the ACY). I report in respect of my examinalion of the Churth's accounts carried (xrt under section 145 of the Act and, in carying out my examination, I have followed all the applicable Directions given by the Charity Commission under sedion 145{5)(b) of the Aci ' delete or circle as appropTiate

Name of Church ...HINDE STREET MEfHODIST CHURCH No ...1134023... Independent Examlnerfs Ststement trhe Church's gross irthme exceeded £250.000 and l arn qualrfpd to undertake the examination by being a qualified member of (insert name of appliGable listed body)]. Delet8 [ ] rfnol applicable. I have completed my examinatK>n. I confirm Ihat no material matters have come to my attention in connection with the examinatton (other than that disclosed below") whh give me cause to believe that in, any material respect.. the accounting records were not kept in accordance with sectbon 130 of the Act; or the accounts do not acc1 with the accounting records: or the accounts do not comply with the applicable requirements o)n(xrning the fomi and content of accounts set out in the Chariiies (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a Irue arKI fairf view. which is not a matter considered as part of an independent examination the trustees, annual report is not constsknt with the acc(yJnts I have no concems and have come across rK• other matters in connection with the examination to which attention should be drahyn in this report in Order lo enable a proper understanding of the accounts to be reached. I havelhave not. obtained iTrJeperKlent verificalion of all investments 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 thousarKI pounds) at the balan sheet date. Signature of independent examiner Name of independent examiner ...... Relevant professional qualification of indeperrfjent examiner pccrf Name of firni (where apprwiate) . éTTl •4•7TMewS Address Posl Code ! HG Date ddete or cirde as appropriate

Hlnd• 8ir••tll•thothtUwvth Balance Sh•et as al 31 August 2023 20mT 110.1SJ .187 Q6516 •7.1•7 4f•J IXJI• 1Dim4 14JXY 1242TI 124J•l 16

111111 11 11 11 11 11 111111

Analysis of ¢urrent wets This year last year Debtor5 and prepayments Sales ledger 339 Accwed income (Gift Aid refunds) 18,0th) 19,WD West London Mission Circult Other debtors 180 1.418 Total debtors and wepayments I819 20,418 Analy515 of cash at bank Bank balance hetd In HSBC 23.546 37,232 Bank balance held in RBS 3,869 Petty cash 1,917 Total Cash 8ank 25A63 41.106
Afftas Qt wrrent liabllltles Trade CreditOKS 20012 West London Mission Qrcuit 55.568 30,671 Other Creditors 11.$79 15,033 Total Current Llabllltles 87,187 66516
Capltal Camnknn and contliwrt Ilabllli There were no capital commitments or contingent liabilities at 31 August 2023.
Detaled analy51sDf Indlvldual lund Mments Unfestrlrted Funts fnd PlamÈ Openlnl Balafi Revaluatlon 8ai1151105ses 162161 Clos1 8#l•n¢e maintenan & E¥tensiort Fund 148.369 358.(K)3 1396.1321 104.024 Totals 148,369 358,(K13 1396,1321 -6,216 104,024 Desl6nated Funds Fund Name Openl Revaluatlon gaSnsl1¢5ses Closlw Balab)C¢ 19 Thayer St Dilapldations 16A Hinde St Dilapidations Ellis le8acy- accum. Income 41.521 82.316 434 937 14.325) 38,133 82,316 517 83 Total 124,271 1.020 14.3251 120,966 Restil¢ted Funds Restslcted Fund P4ame Openlng Balan¢e 3.406 Tran51ers Revaluallon galn5llosses C1051n8 Balan Wlnter Night Shelter Wednesday Club Nèar Neighbours 3,406 5,410 16,454) 16 -16 16 Totals 11.270 16.4541 8.816 Reasons fortrnnsfer betweon lund5 To merge funds with 5imikr purpo5e5.