# # ## ## |Charity|number|number|1t34265|||||| |---|---|---|---|---|---|---|---|---| |Principal||address|Brunswick|Methodist|Church|||| ||||Brunswick|Place||||| ||||Newcastle|upon Tyne||||| ||||Tyne and Wear|||||| ||||NE1 TBJ|||||| |Auditor|||Robson Laidler Accountants||||Limited|| ||||Fernwood|House||||| ||||Fernwood|Road||||| ||||Jesmond|||||| ||||Newcastle|upon Tyne||||| ||||NE1 2TJ|||||| |Bankers|||Lloyds Bank pic|||||| ||||102 Grey Street|||||| ||||Newcastle|upon Tyne||||| ||||NE1 TBJ|||||| ||||Central Finance Board ofthe||||Methodist|Church| ||||9 Bonhill Street|||||| ||||London|||||| ||||EC2A 4PE|||||| |Solicitors|||Sintons LLP|||||| ||||The Cube|||||| ||||Barrack Road|||||| ||||Newcastle|upon Tyne||||| ||||NE4 6DB|||||| |Surveyors||and Valuers|I ambert
Smith Hampton|||||| ||||41-51 Grey|Street||||| ||||Newcastle|upon Tyne||||| ||||NE4 6DB|||||| |Custodian||Trustees|The Trustees for Methodist|||Church Purposes||| ||||Central
Buildings|||||| ||||Oldham Street|||||| ||||Manchester|||||| ||||M1 5JQ|||||| ## ## ## ## ## ## ## ## ## |||Page| |---|---|---| |Trustees'
report||1-12| |Independent
auditor's|report|13-15| |Statement offinancial|activities|16-17| |Balance sheet||18| |Statement ofcash flows||19| |Notes to the financial|statements|20-30| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Current financial year|Current financial year|||||||| |---|---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Endowment|Total|Total| |||||funds|funds|funds||| |||||2021|2021|2021|2021|2020| ||||Notes|||||8| |f||||||||| |Donations
and legacies|||4|521,838|1,224,197||1,746,035|792,019| |Other trading
activities|||5|14,539|5,000||19,539|13,374| |Investments|||6|23,461|19,664|41|43,166|44,084| |Total income and|endowments|||559,838|1,248,861|41|1,808,740|849,477| |~EChi||||||||| |Charitable
activities|||7|618,386|23,249||641,635|829,997| |Other||||||4|4|4| |Total resources expended||||618,386|23,249|4|641,639|830,001| |Net gains/(losses)|on investments|||||391|1,236|(157)| |Net (outgoing)/Incoming||resources||||||| |before transfers||||(57,703)|1,225,612|428|1,168,337|19,319| |Gross transfers
between||funds||47,984|(47,984)|||| |Net movement
In|funds|||(9,719)|1,177,628|428|1,168,337|19,319| |Fund balances at 1 September 2020||||471,607|289,046|2,047|762,700|743,381| |Fund balances at|31August 2021|||461,888|1,466,674|2,475|1,931,037|762,700| ## ## ## |||||Unrestricted|Restricted|Endowment|Total| |---|---|---|---|---|---|---|---| |||||funds|funds|funds|| ||||Notes|2020
f|2020
f|2020|2020f| |Income from:|||||||| |Donations
and legacies||||792,019|||792,019| |Other trading
activities||||10,874|2,500||13,374| |Investments||||26,893|17,148|43|44,084| |Total income and|endowments|||829,786|19,648|43|849,477| |~E*
dlt|||||||| |Charitable
activities|||7|819,402|10,595||829,997| |Other||||||4|4| |Total resources expended||||819,402|10,595|4|830,001| |Net gains/(losses)|on investments|||(83)||(74)|(157)| |Net (outgoing)/incoming||resources before|||||| |transfers||||10,301|9,053|(35)|19,319| |Gross transfers
between||funds||20,020|(20,020)||| |Net movement
In|funds|||30,321|(10,967)|(35)|19,319| |Fund balances at 1 September 2019||||441,286|300,013|2,082|743,381| |Fund balances at|31August 2020|||471,607|289,046|2,047|762,700| ## ## ||||||2021||202D|| |---|---|---|---|---|---|---|---|---| |||||Notes|8||6|| |Fixed assets||||||||| |Tangible assets||||||321,497||328,202| |Current assets||||||||| |Debtors||||12|33,470||27,049|| |Investments||||13|12,122||19,588|| |Cash at bank and|In|hand|||1,584,599||404,714|| ||||||1,630,191||451,351|| |Creditors: amounts||falling|due within|||||| |one year||||14|(17,354)||(12,143)|| |Net current assets||||||1,812,837||439,208| |Total assets less|current||liabilities|||1,934,334||767,41D| |Creditors: amounts||falling|due after|||||| |more than one year||||16||(3,297)||(4,710)| |Net assets||||||1,931,037||762,700| |Capital funds||||||||| |Endowment
funds|- general|||17||2,475||2,047| |Income funda||||||||| |Restricted funds||||18||1,466,674||289,046| |Unrestricted
funds||||||461,888||471,607| |||||||1,931,037||762,70D| ## ## ## ||||2021||2020|| |---|---|---|---|---|---|---| |||Notes|6|||| |Cash flows from operating|activities|||||| |Cash generated
from/(absorbed
by)||||||| |operations||||1,129,167||(58,277)| |Investing
activities||||||| |Proceeds on disposal of investments|||8,702||(209)|| |Investment
income received|||43,166||44,084|| |Net cash generated
from investing||||||| |activities||||51,868||43,875| |Financing
activities||||||| |Payment ofobligations
under finance leases||||||| ||||(1,150)||(1,140)|| |Net cash used in financing|activities|||(1,150)||(1,140)| |Net Increase/(decrease)
In|cash and|cash||||| |equivalents||||1,179,885||(15,542)| |Cash and cash equivalents|at beginning|ofyear||404,714||420,256| |Cash and cash equivalents|at end of|year||1,584,599||404,714| ## ## |1|Cash generated
from operations|Cash generated
from operations|Cash generated
from operations||||||2021|2020| |---|---|---|---|---|---|---|---|---|---|---| ||||||||||F|| ||Surplus
for the year||||||||1,168,337|19,319| ||Adjustments
for:|||||||||| ||Investment
income recognised||In statement|||of financial|activities||(43,166)|(44,084)| ||Fair value gains and|losses on|investments||||||(1,236)|157| ||Depreciation
and impairment
oftangible||||fixed assets||||6,705|6,362| ||Movements
in working capital:|||||||||| ||(Increase)
in debtors||||||||(6,421)|(5,546)| ||Increase/(decrease)|in creditors|||||||4,948|(34,485)| ||Cash generated
from/(absorbed|||by) operations|||||1,129,167|(58,277)| |2|Analysis
ofchanges|ln net funds||||||||| |||||||||At 1 September|Cash flows|At 31August| |||||||||2020||2021| |||||||||Z||| ||Cash at bank and
in|hand||||||404,714|1,179,885|1,584,599| ||Obligations
under finance leases|||||||(5,860)|1,150|(4,710)| |||||||||398,854|1,181,035|1,579,889| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Unrestricted|Restricted|Total|Unrestricted| |---|---|---|---|---|---|---|---| |||||funds|funds||funds| |||||2021|2021|2021|2020| |||||8||8|f| |Donations
and||gifts||1,840|1,224,197|1,226,037|103| |Assessments||||428,397||428,397|506,625| |Grants|receivable|||32,959||32,959|14,828| |Administration||||53,302||53,302|250,914| |Other||||5,340||5,340|19,549| |||||521,838|1,224,197|1,746,035|792,019| |Grants|receivable for core activities||||||| |MINE||||3,900||3,900|| |United|Reformed||Church|10,000||10,000|10,000| |Job Retension||Scheme grant||19,059||19,059|4,828| |||||32,959||32,959|14,828| |||||Other|Other| |---|---|---|---|---|---| |||||trading|trading| |||||activities|activities| |||||2021|2020| |||||f|8| |Books &|telephone||income|5,756|6,053| |Sundry income||||13,783|7,321| |||||19,539|13,374| |Analysis|by|fund|||| |Unrestricted||funds||14,539|10,874| |Restricted|funds|||5,000|2,500| |||||19,539|13,374| ## ## ## ## ||||Unrestricted|Restricted|Endowment|Total|Total| |---|---|---|---|---|---|---|---| ||||funds|funds|funds||| ||||||general||| ||||2021|2021|2021|2021|2020| ||||6|8||f|f| |Rental income|||23,368|18,710||42,078|40,771| |Interest receivable|||93|954|41|1,088|3,313| ||||23,461|19,664|41|43,166|44,084| |Charitable
activities|||||||| |||||||Charitable|Charitable| |||||||activities|activities| |||||||2021|2020| ||||||||6| |Staff costs||||||366,235|529,519| |Depreciation
and impairment||||||6,705|6,362| |Gifts and donations||||||14,683|10,680| |Assessments||||||98,159|97,675| |Travel||||||4,863|9,688| |Repairs and property||costs||||43,262|58,150| |Connexional
funds|||||||13,483| |Pulpit supply||||||111|1,331| |The Holy Biscuit costs||||||65,509|68,000| |Hand
in Hand costs||||||1,878|7,250| |Methodist Women|in|Britain costs|||||512| |||||||601,405|802,650| |Share of support costs (see note 8)||||||28,160|23,447| |Share ofgovernance||costs (see note 8)||||12,070|3,900| |||||||641,635|829,997| |Analysis
by fund|||||||| |Unrestricted
funds||||||618,386|819,402| |Restricted funds||||||23,249|10,595| |||||||641,635|829,997| ## ## |8|Supportcosts|Supportcosts|Supportcosts||||||| |---|---|---|---|---|---|---|---|---|---| |||||Support|Governance|2021|Support costs|Governance|2020| |||||costs|costs|||costs|| |||||f|6||||| ||Telephone|||14,039||14,039|13,355||13,355| ||Postage|&|stationery|3,951||3,951|4,924||4,924| ||Sundries|||10,170||10,170|5,168||5,168| ||Audit fees||||6,300|6,300|||| ||Independent||examiner's||||||| ||fees|||||||3,900|3,900| ||Professional||fees||5,770|5,770|||| |||||28,160|12,070|40,230|23,447|3,900|27,347| ||Analysed|between|||||||| ||Charitable|activities||28,160|12,070|40,230|23,447|3,900|27,347| ## ## ## |||2021|2020| |---|---|---|---| |||Number|Number| |Direct charitable
expenditure||12|14| |Management|and admin ofthe charity|2|2| |Total||14|16| |Employment|costs|2021|2020| |||6|6| |Wages and salaries||287,966|454,311| |Social security costs||21,091|21,743| |Other pension costs||57,178|53,465| |||366,235|529,519| ## ## ## |11|Tangible fixe|d assets||||| |---|---|---|---|---|---|---| |||||Freehold
land|Computers|Total| |||||and bugdings||| ||Cost|||||| ||At 1 September 2020|||368,717|17,827|386,544| ||At 31 August|2021||368,717|17,827|386,544| ||Depreciation|and Impairment||||| ||At 1 September 2020|||45,865|12,477|58,342| ||Depreciation|charged|in the year|3,687|3,018|6,705| ||At 31 August|2021||49,552|15,495|65,047| ||Carrying
amount|||||| ||At 31 August|2021||319,165|2,332|321,497| ||At 31 August|2020||322,852|5,350|328,202| |12|Debtors|||||| ||Amounts
falling due||within one year:||2021
f|2020f| ||Other debtors||||4,307|5,200| ||Prepayments|and accrued income|||29,163|21,849| ||||||33,470|27,049| |13|Current asset Investments|||||| ||||||2021|2020| |||||||f| ||Unlisted
investments||||12,122|19,588| ## ## |14|Creditors:|amounts|falling due within one year|||| |---|---|---|---|---|---|---| ||||||2021|2020| |||||Notes||f| ||Obligations|under finance leases|||1,413|1,150| ||Accruals and deferred||income||15,941|10,993| ||||||17,354|12,143| |15|Creditors:|amounts|falling due after more than one year|||| ||||||2021|2020| |||||Notes||E| ||Obligations|under finance leases|||3,297|4,710| ## ## |||||||Movement|In funds||| |---|---|---|---|---|---|---|---|---|---| |||||Balance at|Incoming|Resources|Transfers|Revaluations|Balance at| |||||1 September
2020|resources|expended||gains and
losses|31August
2021| |||||E||||E|| |Permanent||endowments|||||||| |The Susannah|||Gibson||||||| |memorial|fund|||495|13|(1)||117|624| |WR Dixon||gift||1,552|28|(3)||274|1,851| |||||2,047|41|(4)||391|2,475| ## ## ||||Movement|Movement|in funds||| |---|---|---|---|---|---|---|---| |||Balance at|Incoming|Resources||Transfers|Balance at| |||1 September|resources|expended|||31August| |||2020|||||2021| |||6|||||| |Dorris Nuttal bequest||4,072|37||(25)||4,084| |Property|Fund|274,000|1,248,824|(23,224)||(37,010)|1,462,590| |Elizabeth|Burton bequest|2,315||||(2,315)|| |Dorothy|Burns bequest|8,659||||(8,659)|| |||289,046|1,248,861|(23,249)||(47,984)|1,466,674| |Analysis|of net assets between funds||||||| |||Unrestricted|Restricted|Endowment||Total|Total| |||funds|funds||funds||| |||2021|2021||2021|2021|2020| |||6|6||6|6|E| |Fund balances at 31 August 2021|||||||| |are represented
by:|||||||| |Tangible|assets|321,497||||321,497|328,202| |Current assets/(liabilities)||143,688|1,466,674||2,475|1,612,837|439,208| |Long term liabilities||(3,297)||||(3,297)|(4,710)| |||461,888|1,466,674||2,475|1,931,037|762,700| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ##