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2022-08-31-accounts

j
Superintendent
Minister
Bankers: ..
Advisors:
Independent
examiners:
Mission Statement of Harlesden Methodist Church .
Financial
Review. ............
Risk Assessment
..... .....
Trustees'
Responsibilities.
Reserve Policy.

Statement
of Fina		 n cial
Activiti		 es
(SOFA)		 for the year ended 31 August 2022
Notes to Designated
the General
Fund		 Funds Restricted Endowment Total
accounts (Unrestricted) (unrestricted) Funds Funds 2021-22
E E E E E
Income
1
Offerings		 27,325 27,325
2
Donations
3
Gift aid		 5,140
12,477		 5,140
12,477
4
Interest and investment		 income 9 9
5
Income from investment		 properties 31,856 31,856
6
Income from Lettings
7
Other charitable
income		 49,932
1,181		 49,932
1,181
8
Internal
Organisation
9
Other Income
Total income		 3,034
130,955		 1,223
1,223		 1,223
3,034
132,178
Expenditure
10
Circuit assessment
or share
11 Salaries and associated
cost
12 Property maintenance
13Insurance,
utilities etc
14 Depreciation
15Office expenses
16Other expenditure
17Charitable
donation		 59,663
20,286
20,263
11,470
3,040
6,905
5,450
613		 59,663
20,286
20,263
11,470
3,040
6,905
5,450
613
18 Internal
organisations		 282 282
Total charitable
expenditure
19Gains/(losses)
on monetary		 investments 127,692 282 0 127,974
0
20 Gains/(losses)
on investment		 properties 0
Net income/(expenditure)
21 Transfers
between
funds		 3,264
941		 941
941		 4,205
0
22 Other gains/(losses) 0
Net movement
in funds		 4,205 4,205
23 Total funds brought
forward
Total funds carried forward		 2,592,727
2,596,932		 2,592,727
2,596,932

1111 11 111111 11

1111 Illll 11

2022 2021
Gross wages, salaries and benefits in kind 18,781 22,905
Employer's National
insurance		 costs 682 847
Employer's pension costs 823 823
Total staff costs 20,286 24,575

2022 2021
Debtors
Rent in arrears 15,410 18,279
Provision
for bad debts		 (1,793) (9,545)
Other debtors 3 344
13617 12 078
Creditors
Other creditors and accruals 28 443 28 443
7. Fees for independent
examination		 ofthe accounts ofthe accounts ofthe accounts
Independent
examiner's
fee for reporting
on the accounts 2,000 2,500
Related party transactions
Remuneration
of key management		 personnel
The remuneration
of key management		 personnel is as follows:
2022 2021
Aggregate
compensation		 15 2242 15215
None ofthe trustees or anyone connected with them received any
payments
during the year.
9. Capital commitments
and Contingent		 liabilities
The Church
had no such commitments		 or liabilities at the year end.

Tangible f ixed asse ts
Church Investment Fixturess Total
buildings properties fittings 8
and other equipment
property
Cost at 1.9.21 2,200,000 400,000 45, 3'I 9 2,645,319
Additions
Revaluation
Cost at 31.8.2022 2,200,000 400,000 45,319 2,645,319
Depreciation brought forward 39,239 39,239
Charge for the year 3,040 3,040
Depreciation carried forward 31.8.22 42,279 42,279
Net book value 31.8.22 2,200,000 400,000 3,040 2,603,040
Net book value 31.8 21 2,200,000 400,000 6,080 2,606,080

Statement
of Fina		 n cial
Activiti		 es
(SOFA)		 for the year ended 31 August 2022
Notes to Designated
the General
Fund		 Funds Restricted Endowment Total
accounts (Unrestricted) (unrestricted) Funds Funds 2021-22
E E E E E
Income
1
Offerings		 27,325 27,325
2
Donations
3
Gift aid		 5,140
12,477		 5,140
12,477
4
Interest and investment		 income 9 9
5
Income from investment		 properties 31,856 31,856
6
Income from Lettings
7
Other charitable
income		 49,932
1,181		 49,932
1,181
8
Internal
Organisation
9
Other Income
Total income		 3,034
130,955		 1,223
1,223		 1,223
3,034
132,178
Expenditure
10
Circuit assessment
or share
11 Salaries and associated
cost
12 Property maintenance
13Insurance,
utilities etc
14 Depreciation
15Office expenses
16Other expenditure
17Charitable
donation		 59,663
20,286
20,263
11,470
3,040
6,905
5,450
613		 59,663
20,286
20,263
11,470
3,040
6,905
5,450
613
18 Internal
organisations		 282 282
Total charitable
expenditure
19Gains/(losses)
on monetary		 investments 127,692 282 0 127,974
0
20 Gains/(losses)
on investment		 properties 0
Net income/(expenditure)
21 Transfers
between
funds		 3,264
941		 941
941		 4,205
0
22 Other gains/(losses) 0
Net movement
in funds		 4,205 4,205
23 Total funds brought
forward
Total funds carried forward		 2,592,727
2,596,932		 2,592,727
2,596,932
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1111 11

2022 2021
Gross wages, salaries and benefits in kind 18,781 22,905
Employer's National
insurance		 costs 682 847
Employer's pension costs 823 823
Total staff costs 20,286 24,575

2022 2021
Debtors
Rent in arrears 15,410 18,279
Provision
for bad debts		 (1,793) (9,545)
Other debtors 3 344
13617 12 078
Creditors
Other creditors and accruals 28 443 28 443

7. Fees for independent
examination		 ofthe accounts
Independent
examiner's
fee for reporting
on the accounts 2,000 2,500
Related party transactions
Remuneration
of key management		 personnel
The remuneration
of key management		 personnel is as follows:
2022 2021
Aggregate
compensation		 15 2242 15215
None ofthe trustees or anyone connected with them received any
payments
during the year.
9. Capital commitments
and Contingent		 liabilities
The Church
had no such commitments		 or liabilities at the year end.

Tangible f ixed asse ts
Church Investment Fixturess Total
buildings properties fittings 8
and other equipment
property
Cost at 1.9.21 2,200,000 400,000 45, 3'I 9 2,645,319
Additions
Revaluation
Cost at 31.8.2022 2,200,000 400,000 45,319 2,645,319
Depreciation brought forward 39,239 39,239
Charge for the year 3,040 3,040
Depreciation carried forward 31.8.22 42,279 42,279
Net book value 31.8.22 2,200,000 400,000 3,040 2,603,040
Net book value 31.8 21 2,200,000 400,000 6,080 2,606,080