CHURCH
RECEIPTS AND PAYMENTS
ACCOUNTS
THE METHODIST CHURCH
STANDARD FORM OF ACCOUNTS
Southgate Methodist Church
For the Year ended
31 August 2024
Enfield Circult
Clrcult no
35134
Registered Charity - Charlty Reglstratlon number
1134051
HMRC Inherltance Tax and Glft Ald number
XT33944
Minister:
Revd Paul Weary
Church Stswards
Verona Cosco
Merline Grizzle
Stella Sarkodiah
ela Lun
Treasurer
Brian Ball

ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024
Southgate Meth¢)dist Church
Unrestricted Restricled Totals this
Funds
Funds
year
Totals last
SECTION A
ear
RECEIPTS
Note
a2
Offerings
Gift Day
Tax reclaimed
45,297
46,297
37,812
4,541
a2a
1,627
1,627
a2b
8,604
8,604
19,634
6,176
a2c
Church Groups l Donations
TMCP and CFB interest
7,641
1,527
9,168
1,208
78,359
1,515
145,776
1 .208
1,148
82, 709
1,514
153,534
Lettings
Other receipts
TOTAL RECEIPTS
78,359
1,515
144,2fJO
1,527
la7
SECTION B
b1
PAYMENTS
b2
Circuit Assessment
(65,000}
(6S,0001
81,250
b3
Donations
b4
Repairs and Maintenance
Caretaking, Utilities, Insurance
Refurbishmentlmajor Items
Other payments
TOTAL PAYMENTS
(13,272)
(65,161)
(2,167)
(6,101)
(1 $1,700)
(13,272)
(65,1611
(2,167)
(6,101)
(151,700)
6,418
b5
92,919
b6
b7
5.383
185,968
b8
(b9}
SECTION C
NET RECEIPTSIPAYMENTS
FOR THE YEAR
la7-b8)
(7,4501
1,527
15,924)
(32,434)
Total fijnds brought forward from
last year
c2
28,610
28,610
(c6)
60,414
¢3
Sub totsl
(c1+c21
21,160
1,527
22,686
27,980
Transfers and adjustments.
(130)
{130)
{c7)
630
¢5
TOTAL FUNDS AT END OF YEAR
<c3+c4)
21,030
1,527
22,556
{c8)
28,610
(c61
SECTION D
FOR INFORMATION ONLY: MONEY RECEIVED AND PASSED ON TO EXTERNAL ORGANISATIONS
(these amounts are not to be included in tolal receiptsipayments figures Above)
d1
Balance brought forward from last year
329
525
d2
OfferingslGifts - re¢eived for e￿ernal organisations
1,192
245
d3
OfferingslGifts - passed to external organisations
1,326
441
d4
BALANCE STILL TO BE PAID
(d1 +d2-d31
196
329
C.hur¢h R and P 2014.xlg
2of5

Southgate M•thod15t Church
NT
SECTION E
Don*iuns to
Church
¢)her
Payment8
NEt Receipl&l
Payments
o￿ning
b8lance8
CloÉing
bBlences
INTERNAL ORaAN18ATIONS
Receipts
e1
Parent ants T(*dler Grou
1,806
1.527
281
83
88dmin
ion
1,260
1,250
Glrls Bri
8de
1.069
1.D69
Monda
Table Tenni8
I,￿2
1,952
È1
Group 78
Sub loial of Iniemal Organis8tion$ funds
349
e1
5.008
14 7291
1.501
1•141
1.$01
e1
Church accounts
146,778
1161.70CtI
5,924
130
1¢71
28.810
22.668
è1
CHURCH
150,786
4,729
11S1,9811
TOTAL
QTH8R
PAYMENT8
6,B281
30.111
24.067
TOTAL
RECEIPT3
TOTAL
OONATIONS
SECTION F
OPÉNING
BALANCES
¢LO$INO
HALANCES
CHURCH. FUNDS HELD at 31 Au
st 2024
Cash In hand
Bank Curr8ni Account
14,822
1,642
Restncted Funds
143
143
f4
Centtal Finance Board
929
8,055
Trustees lor Meth¢di$t Church Pu
12,716
12.716
Other ￿ndS
SUB TOTAL. Church accounts
28,910
c8
Toi81 funds heid ty irtiernal OrganiE8lions Ilhe ckn51ng
baiarTC* lotai irom abcAol1È151
f,SQ1
el5
TOTAL CASH FUND¥ HELD BY CHUR¢
24.067
SECTION G
Al
31 August
2023
Al
31 Augu8t
2024
OTHER ASSETS and LIABILITIES
Inveslmeffls
inGlude EndtrMnent$
Land & Buildin
See note8 re In&urnnce value
3.037,000
3,037,000
Cxher A55et8
Loan
- ah￿V arnounl ou15t8ndin
ai
ear end
other Liabilrtit6
14 Inciude Mly Funds heifj 81 the CÈntral Financè Bts8F
t51n¢lude only Funds held ai Trustees for IAglhtsYLs1 Church Purp05e5
91 Include any other In￿lMentS (not the Gesh element ol TMCP trusts acc￿￿ta thi¥ v6 ioduded in Ilne1S1
PJlOQ014 (1vJrthR•rdP
3ofS

DECLARATIONS
Treasurer
l confirm that I have prepared the accounts from the records ofthe Church and that they include all material
fund8 under the control ofthe Church Council
Signature of Treasurer
Date
Name
Jeremy Brian Ball
Address
6 Lucerne Close, LONDON N13 4QJ
Presentatlon to the 'Church Councll for approval.
I confirm that the Accounts have been presented to the Church Council on 3rd June 2025 and
were approved subject to Independent examination.
Signature of the Chair of the meeting
Name ofthe Chair of the meeting
Rev Paul Weary
Date
RM012012 church R and P.xl$
4of5

SOUTHGATE MEfHODIST CHURCH
2023-24 Annual Report to the Charity Commlsslon
Aims and Pur
Southgate (The Bourne) Methodist Church Council has authority and oversight over the whole
area of the ministry of the church, including the management of its property. Its responsibilities
include the determination and pursuit of policy and the deployment of available resource5.
oses
Ob'ectlves and Actlvlties
The Church Council is committed to enabling as many people as possible to worship at the church
and to become part of the church community. The diversity of our congregation is an indicator
of the diversity of the wider community the church serves.
The Church Council has considered the Commission's guidance on public benefit and the specific
guidance on charities for the advancement of re5igion. In particular the church aims to enable
people to live out their faith as part of our church through
worship and prayer that is thoughtful, relevant to the situations both of those who attend
and of the wider world, and rooted in the goodness of God;
nurture and learning that develops understanding of the gospel and knowledge and trust
in Jesus.
service that provides hospitality to community groups, runs groups that are of community
benefit, and takes an active interest in the affairs of the community;
mission and evangelism that promotes the good news of God in Christ Jesus and
encourages others to consider the call to discipleship.
To facilitate these aims it is important that the church maintains the fabric of its building and the
funds to enable it to do so.
Achievements and Performance
Worship and prayer
The church offers a range of services over the course of a year that enables people to worship
God and follow Jesus. Our Sunday mornin8 worship is the principal gathering with a monthly
pattern that includes the celebration of Holy Cornmunion and allows for the introduction of
children into the worshipping community through our Sunday Club. It has been good to welcome
new people during the year and to maintain a strong worshipping community.
As well as the regular services, the church enables the community to celebrate and thank God at
the milestones of their lives.
Nurture and learning
The Sunday Club remains active, though small, and the children are involved along with members
of the Girls, Brigade in sharing worship leadership during All-age Worship. For adult study and
learning there is a weekly Faith Studies group. The whole membership of the church is cared for
by a system of pastoral visitation.

Servlce
The church premises are extensively used by the local community with over 1000 people a week
attending classes or groups. These include a Monday-Friday Day Nursery; Sing and Sign for small
children; Ballet and other dance classes; Zumba and other exercise classes; Singology; Age UK
groups. and an Alzheimer's Sing for the Brain Group.
The church supports children and young people's uniformed organisations and runs a diverse
multi-cultural, multi-faith and some no faith Parents and Toddlers Group of around 30 families,
as well as a variety of social and fellowship groups.
Mlsslon and evangellsm
The church welcomes people of all ages and a number of new people joined its activities during
the year. We give strong support to Methodist charities including Action for Children (Afc), and
Methodist Homes IMHAI, aswell as a number of local, UK-wide and world-wide charities including
the local food bank, Age UK, the Alzheimer's Society, and Christian Aid.
Wlder relatlonshlps
The church is part of the Enfield Methodist Circuit and five members of the church are elected by
the Church Council to be part of the Circuit Meeting, the circuit's managing body.
Property and finance
The church exercises its responsibilities as managing trustees through regular meetings of the
Church Council and the Property and Finance Committee.
Reserves policy
The church reserves should ideally cover six months of total expenditure, including additional
funds for anticipated maintenance and repair costs. However, income was seriously impacted
during COVID and rising energy costs have increased our expenses markedly. Continuous
fundraising efforts are in place to restore our reserves to these levels.
Volunteers
The church relies heavily on the contribution made by those who give freely of their time and
skills to make the church a vibrant and lively community.
Structure Governance and Mana
ement
The governance of each Methodist Church is set out in the Connexional Practice and Discipline of
the Methodist Church. The membership of the Church Council consists of those who are ex-officio
such as the Church Stewards, the Church Treasurer, and the Church Council Secretary, those
elected as representatives by the General Church Meeting, and others appointed by the Church
Council to represent the church's various activities.
The Church Council is responsible for making decisions on all matters of general concern and on
how church funds are spent. Other committees of the church such as Pastoral, Mission, and
Property and Finance regularly report to the Church Council.
Admlnistrative Information
Southgate Methodist Church is situated on The Bourne, Southgate, London N14 6RS.
The Church Council is a registered charity, number 1134051

Church Council members who served for the full period of this report to 31st August 2024 are:_
The Revd Paul Weary
Mr Brian Ball
Mr Colin Barratt
Mrs Ann Collard
Ms Verona Cosco
Ms Katharine Farnharn-Dear
Ms Merline Grizzle
Ms Lucy Hallworth
Mrs Angela Lun
Mrs Helen Lunn
Ms Amanda Martin
Mrs Stella Sarkodieh
Mr Geoff Webb
Mr Colin Williams
Mrs Diana Williams
Approved by the Church Council on 3 June 2025 and signed on their behalf by
The Revd Paul Weary