2022-08-31-accounts - Lesnes Abbey Methodist Circuit

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Trustees’ Annual Report for the period

From 1[st] September 2021 Period start date To 31[st] August 2022 Period end date

Charity name: LESNES ABBEY CIRCUIT

Charity registration number: 1134664

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The governing document for the circuit is the Deed of Union (1932) and Methodist Church Act (1976). The purposes of the methodist church are and shall be deemed to have been since the date of union the advancement of - (a) the Christian faith in accordance with the doctrinal standards and the discipline of the methodist church; (b) any charitable purpose for the time being of any connexional, district, circuit, local or other organisation of the methodist church; (c) any charitable purpose for the time being of any society or institution subsidiary or ancillary to the methodist church; (d) any purpose for the time being of any charity being a charity subsidiary or ancillary to the methodist church. Detailed governance arrangements are outlined within the Constitutional Practice and Discipline of the Methodist Church by order of the annual conference (CPD). Day to day management of the circuit is undertaken by the Circuit Leadership team along with the Local Preachers meeting, the Circuit Finance Committee and the Circuit Property Committee,
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	Our activities include the following: 1. Supporting local churches in the provision of regular public acts of worship open to members of the church and non- members alike. 2. The teaching of Christianity through sermons, courses and small groups and the promotion of Christianity through the staging of events and services

		3. Pastoral work including visiting the
		sick and bereaved at home and in
		hospital.
		4. Promotion of Christianity through
		the staging of in person events and
		services via you tube, thus reaching
		out to those who cannot attend
		physically. Provision of chaplaincy
		services to the local hospitals and
		prison.
Statement confirming	Para 1.18	We confrm the trustees have had
whether the trustees have		regard to the Charity Commission's
had regard to the guidance		guidance on public beneft.
issued by the Charity		When reviewing the aims and
Commission on public		objectives of the circuit, the Trustees
benefit		have referred to the Charity
		Commission's general guidance on
		public beneft. The guidance is
		consulted in carrying out our
		activities, for example those
		pertaining to fund raising. This
		ensures that our work is within the
		confnes of the rules and
		expectations of the commission. We
		make sure that we work to the
		charity’s aims and objectives, which
		are centred around the beneft of the
		public.
Additional information (optional)
You may choose to include further statements		where relevant about:
	SORP reference
		We do not ofer grants to any
	Para 1.38	individual or institution. We also have
Policy on grant making		not received any funding from the
		Government or any agency. Grants
		may be given to deserving churches.
	Para 1.38
Policy on social investment
including program related
investment
		Volunteers are the fabric of the circuit.
	Para 1.38	Without them, it would not function. They
Contribution made by		make up the majority of the various
volunteers		committees that exist. They collect visiting
		ministers from home, station etc who have
		not got cars. Hold coffee mornings and
		luncheon clubs, act as administrators and
		clerical staff. They maintain manses and
		churches as much as possible.
Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	During the year, the Charity worked to: (a) Provide the staf and facilities to enable mission to reach the community and grow the Church family which in turn provided mutual support to those within it. (b) Provided support for organisations working in society to help the vulnerable where they need it e.g. less able bodied youth attending a day centre in conjunction with Charlton Athletic football Club. (c) Provide facilities for groups to meet, run by the community, for recovering alcoholics, weight loss programs, the elderly, mothers with young children, and youth groups e.g. Boys Brigade and Girls Brigade and playgroups.

Additional information (optional)

You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41
Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	See separate sheet.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	The Reserves Policy for the Circuit is to hold a minimum sum equivalent to fve months’ average expenditure. This should be sufcient to meet any unforeseen item of major expenditure on manses and / or to be able to continue, in the short term, funding planned activities in the event of any inability to raise the full Circuit Assessment fromchurches.
Amount of reserves held	Para 1.22	31 707.00
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	N/A

Additional information (optional)

Additional information (optional)	Additional information (optional)	Additional information (optional)
You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including any fundraising)	Para 1.47	Weekly collection from the various churches, allows them to pay assessments to the circuit which in turn pays the district. Income is also generated from fund raising and donations.
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46	Diminished numbers in church attendance have resulted in reduced finances. This is happening at the time when prices in society have escalated. Deteriorating aged buildings that require maintenance and repairs to be done, are not done in a timely manner as funds are limited.
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Deed Of Union (1932) And Methodist Church Act (1976)
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	The trustees are made up by representatives from the various churches. The individuals get nominated, elected by the circuit leadership team and are sanctioned at the circuit meeting.

Additional information (optional) You may choose to include further statements where relevant about:	Additional information (optional) You may choose to include further statements where relevant about:	Additional information (optional) You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and training of trustees	Para 1.51	Trustees are advised and encouraged to read material such as the trustees welcome pack provided by the commission. They also keep updated with changes and material sent via email, from the commission to the charity.
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

Charity name	Lesnes Abbey Methodist Circuit
Other name the charity uses
Registered charity number	1134664
Charity’s principal address	Trinity Methodist Church 265 Burrage Road Plumstead London SE18 7JW

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Name of person (or body) entitled to appoint trustee (ifany)
Rev Greg Obong- Oshotse	Superintendent Minister	Church Council
Revd Dr Chellaian Lawrence	Minister
Revd Patrick Egglestone(AM)	Minister
Marian Van Dyke	Senior Circuit Steward
Madonna Johnson	Circuit Steward
Femi Lawson	Circuit Steward
Prince Fifi Yawson	Circuit Secretary
Steve Hienno	Circuit Treasurer
Francis Johnson	Circuit Property Steward
Brentnol Roach	Local Preacher coordinator
Hudson Jackson	Circuit Safeguarding
Archibald Dadzie
Kofi Narh-Saam
Seun Adebanjo
Robert Ndume
Maggie Cooper
RayCooper
CathyTurner
Marilyn Akuoko
Ann Hartley
Eugene Owusu
Roger Forward
Chris Howes
Ben Godwyll
Ebenezer Gyang- Kodia
Tolu Tikare
Adebayo Jolaoso
Kofo Famurewa
TonyHayes
Martha Etsibah
SandyKennedy
Karen Gilham
Paul Nichols
BarryMunden

– Corporate names of the directors at the date the report was approved Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets N/A held in this capacity

Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

----- Start of picture text -----
Signature(s)
Full name(s) Madonna Audrey Omoniyi
Johnson
Position (eg Secretary, Trustee
Chair, etc)
Date
----- End of picture text -----

Lesnes Abbey STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUG

INCOME RESOURCES Notes Voluntary income 1 Income From Investment Others RESOURCES USED Cost of Activities in Furtherance of Objectives 2 TOTAL RESOURCES USED Net (outgoing) in the year NET INCOME FOR THE YEAR Transfer between Funds: BALANCE BROUGHT FORWARD BALANCE CARRIED FORWARD	Unrestricted 0 17,894 179,583	Unrestricted 0 17,894 179,583	Unrestricted 0 17,894 179,583
			197,476
			199,803
			199,803
			(2,327)
		(2,327) 1,234,432 1,232,105	(2,327) 1,234,432

All activities are derived from continuing operations

The notes on pages 7 to 10 form an integral part of these financial statements.

Lesnes Abbey

BALANCE SHEET AS AT 31 AUGUST 2022

	Note
TANGIBLE FIXED ASSETS
Circuit Manses & Equipment
Investment Properties
CURRENT ASSETS
Debtors	3	50,303
HSBC Current Account	4	6,854
Central Finance Board		24,772
TMCP		32,508
		_____
		114,437
		_____
CREDITORS: Amounts falling
Under 1 year	5	50,204
Loans to the Circuit Due		-
		_____
NET ASSETS
FUNDS
Unrestricted Funds	6
Restricted Funds	7

The notes on pages 7 to 10 form an integral part of these financial statements.

Approved by the Trustees on ……………………………………………… 2023 and signed their behalf by :

……………………………………………………

STEPHEN HIENNO

Treasurer

Lesnes Abbey NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31, AUGUST

BASIS OF ACCOUNTING

The financial statements have been prepared in accordance with the historic cost convention except where assets have been stated at valuation. The financial statements have been prepared in accordance with Statement of Recommended Practice, Accounting and Reporting by Charities Revised 2005 ( SORP 2005 )applicable Standards and the Companies Act 2011.

1. ACCOUNTING POLICIES.

1.1 FUNDS

General funds represent the funds of the circuit that are not subject to any restrictions regarding their use and are available for application on the general purposes of the Circuit. The purpose of any restricted funds is noted in the financial statements.

The financial statements include transactions, assets, and liabilities for which the Circuit can be held responsible. They do not include the financial statements of Circuit groups that owe an affiliation to another body nor those that are informal gatherings of Circuit members.

INCOMING RESOURCES.

1.2 Voluntary income and capital resources.

Voluntary income and donations are recognised when received.

1.3 Other Ordinary Income.

Rental income from letting of circuit premises is accounted for when due.

1.4 Income from investments.

Dividends and interests are accounted for when received.

APPLICATION OF RESOURCES.

1.5 Grants.

Grants and donations are accounted for when paid.

THE METHODIST CHURCH

Lesnes Abbey

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31, AUGUST

1.8 Other fixtures , fittings and office equipments.

All other fixtures, fittings and Equipments used by the circuit are written off as and when incurred.

Lesnes Abbey

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31, AUGUST 2022

Charity Registration number - 1134664

Principal address: 265, Burrage Road, Plumstead, London SE18 7JW (Circuit Office)

Bankers - HSBC Bank

Central Finance Board of the Methodist Church

Accountant and Independent Examiner.

Lesnes Abbey

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31, AUGUST 2022

TABLE OF CONTE

Trustees Report

Independent Examiner's Report

Statement of Financial Activities

Balance Sheet

Notes to the Financial Statements

Detailed Statement of Financial Activities

Lesnes Abbey

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31, AUGUST 2022

The following pages are for the Truste

INDEPENDENT EXAMINER’S REPORT TO

THE Trustees of LESNES ABBEY CIRCUIT FOR THE YEAR ENDED 31, AUGUST 2022

I report on the accounts of the LESNES ABBEY METHODIST CIRCUIT

for the year ended 31, August 2021 which are set out on pages 5 to 10.

RESPECTIVE RESPONSIBILITY OF THE TRUSTEES OF LESNES ABBEY AND THE EXAMINER

The Trustees are responsible for the preparation of the financial statements. The Trustees consider that an audit is not required for the year under section 144(2) of the Charities Act 2011 ( the 2011 Act ) and that an Independent Examination is required. It is my responsibility to:

i) Examine the financial statements under section 145 of the 2011 Act

ii) To follow the procedures laid down in the general Directions given by the Charity Commission under Section 145(5)(b) of the 2011 Act, and iii) To state whether particular matters have come to my attention.

BASIS OF THE INDEPENDENT EXAMINER’S REPORT.

My examination was carried out in accordance with the General Directions given by the Charity Commission. The examination includes a review of the financial records kept by the Circuit and a comparison of the financial statements with those records. It also includes consideration of any unusual items or disclosure in the financial statements, and seeking explanations from you as the Managing trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the financial statements present a "true and fair" view, and the report is limited to those matters set out in the statement below.

INDEPENDENT EXAMINER’S STATEMENT.

In connection with my examination of your financial statements for the year ended 31 August 2021, no matter has come to my attention :

1) which gives me reasonable cause to believe that in any material respect the requirements

To keep financial records in accordance with section 130 of the 2011 Act : and

To prepare financial statements which accord with the financial records and comply with the Accounting requirements of the 2011 Act

have not been met ; or

2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.

Independent Examiner

DETAILED STATEMENT OF FINANCIAL ACTIVITIES

YEAR ENDED 31, AUGUST 2022

1. Incoming Resources Activities in Furtherance of the Charity's Objects Donations & Legacies Income From Monetary Investment Income from Investment Properties Assessment of Churches Other Income TOTAL INCOME RESOURCES USED 2. Cost of Activities in Furtherance of Objectives Salaries & Associated Costs Property Maintenance District Assessment & Levy Office Expenses Other Outgoings TOTAL RESOURCES USED Excess (Deficit) Over Income Transfer Between Funds BALANCE BROUGHT FORWARD NET INCOME FOR THE YEAR	Unrestricted Funds £ - 26 17,868 170,848 8,734 __ 197,476 __ Unrestricted Funds £ 119,568 6,098 45,724 160 28,254 -	Restricted Funds £ - __ - __ Restricted Funds £ - 801 _ 801 _ 801
	199,803 ____ 199,803
	(2,327) 1,234,432 1,232,105	(801) 32,508 31,707

LESNES ABBEY CIRCUIT TRUSTEES REPORT AND ACCOUNTS FOR THE YEAR ENDED 31, AUGUST 2022

The Lesnes Abbey present their report together with the independently examined accounts for the year ended 31 August 2022

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CIRCUIT.

The Circuit is managed by the Superintendent, Ministers and elected Stewards from the variou

Superintendent

Rev Greg Obong-Oshotse

Treasurer

Mr Stephen Hienno

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Circuit is managed by the trustees and is made up of the ministers and elected stewards. The Circuit ensures that incoming steward are well equipped by arranging for them to attend training and seminars organised by the circuits.

The governing document for the circuit is the Deed of Union (1932) and Methodist Church Act Detailed governance arrangements are outlined within the Constitutional Practice and Disciplin order of the annual conference (CPD).

Day to day management of the circuit is undertaken by the Circuit Leadership team along with Circuit Finance and Property Committee and the Circuit Policy Committee.

OBJECTIVES AND ACTIVITIES

Lesnes Abbey Circuit forms part of the London Methodist District and is governed by the Constitutional Practice and Discipline of the Methodist Church. As a Circuit our primary aim is to fulfil the purposes of the Methodist Church which ‘are and shall be deemed to have been since the date of union the advancement of –

(a) the Christian faith in accordance with the doctrinal standards and the discipline of the Methodist Church;

(b) any charitable purpose for the time being of any Connexional, district,

circuit, local or other organisation of the Methodist Church;

(c) any charitable purpose for the time being of any society or institution subsidiary or ancillary to the Methodist Church;

(d) any purpose for the time being of any charity being a charity subsidiary or ancillary to the Methodist Church.’

Our activities include the following:

Supporting local churches in the provision of regular public acts of worship open to members of the church and non- members alike.
The teaching of Christianity through sermons, courses and small groups.
Pastoral work including visiting the sick and bereaved.
Promotion of Christianity through the staging of events and services.

Members of Trustees of LESNES ABBEY

Members who served during the year and at the date of this report are:

Superinten Revd Greg Obong-Oshotse

Minister Revd Nana Banyin-Thomford. Deceased November 2021 Minister Revd Chellaian Lawrence Minister Revd Patrick Eggleston [AM] SupernumDeacon Patricia Soule Circuit TreMr Steve Hienno Circuit Stewards: Ms Marian VanDyck Mrs Madonna Johnson Mr Femi Lawson Local PreaMr Brentnol Roach Circuit SafMr Hudson Jackson

Circuit AdmMrs Vicky Forster

FINANCIAL REVIEW

Income trends

Circuit income is primarily drawn from the assessments paid by the circuit churches. The renta income relates to the rental of a manse at 27 Canberra Road, Charlton. Total income at £18k is same as the previous year.

Expenditure trends

Total expenditure in the year was £201k as compared to £237k the previous year., this was ma due to the reduction in staff costs as a result of having one less minister for the year.

Fund balances

As at 31 August 2022 the net current assets of the Circuit were £64k, giving approximately 10 months cover for expenditure based on the 2021-22 expenses. We also have to repay £20k tow the loan in the three years between 2019-20 and 2022-23 to fully repay this loan. To date, £10 is outstanding.

APPROVAL

This report was approved by the Trustees on …………………………………….... 2023 and signed on their behalf by :

GUST 2022

Restricted Endowment - - 0 - -	Restricted Endowment - - 0 - -	2022 0 17,894 179,583		2021 1,000 18,319 208,500 227,819	2021 1,000 18,319 208,500
	- 0	197,476
	801 -	200,604			236,873
	800.94 0	200,604			236,873
	(801) 0	(3,128)			(9,054)
(801) 0 (3,128) 32,508 0 1,266,940 31,707 0 1,263,812		(3,128) 1,266,940	(9,054) 1,270,418 1,261,364	(9,054) 1,270,418

2022		2021
£		£
877,473		877,473
326,845		326,845
	8,966
	31,813
	32,619
	33,297
	_____
	106,695
	_____
	23,285
	10,000
	_____
64,233		73,410
_____		_____
1,268,551		1,277,728
_____		_____
1,252,240		1,245,220
31,707		32,508
_____		_____
1,268,551		1,277,728
_____		_____
0

……………. ……………………………………….

Rev Greg Obong-Oshotse

Superintendent r 2022

r 2022

ENTS

PAGE 1 to 3

4 5 6 7 to 10 12 and 13

ees of the LESNES ABBEY CIRCUIT only

Endowment Funds £ - __ - __ Endowment Funds £ - - - _ - _ -	TOTAL FUNDS 2022 2021 £ £ - 1,000 26 137 17,868 18,182 170,848 185,594 8,734 22,906 __ _ 197,476 227,819 __ _ 2022 2021 Total Total £ £ 119,568 142,111 6,098 15,152 46,525 47,984 160 643 28,254 30,983 - - 200,604 236,873 _ _ 200,604 236,873 (3,128) (9,054) 1,266,940 1,270,418 1,263,812 1,261,364	TOTAL FUNDS 2022 2021 £ £ - 1,000 26 137 17,868 18,182 170,848 185,594 8,734 22,906 __ _ 197,476 227,819 __ _ 2022 2021 Total Total £ £ 119,568 142,111 6,098 15,152 46,525 47,984 160 643 28,254 30,983 - - 200,604 236,873 _ _ 200,604 236,873 (3,128) (9,054) 1,266,940 1,270,418 1,263,812 1,261,364
	200,604 ____ 200,604	236,873 ____ 236,873
- - -	(3,128) 1,266,940 1,263,812	(9,054) 1,270,418 1,261,364

us churches.

(1976)

ne of the Methodist Church by

the Local Preachers meeting, the

ainly wards

Lesnes Abbey STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUG

INCOME RESOURCES Notes Voluntary income 1 Income From Investment Others RESOURCES USED Cost of Activities in Furtherance of Objectives 2 TOTAL RESOURCES USED Net (outgoing) in the year NET INCOME FOR THE YEAR Transfer between Funds: BALANCE BROUGHT FORWARD BALANCE CARRIED FORWARD	Unrestricted 0 17,894 179,583	Unrestricted 0 17,894 179,583	Unrestricted 0 17,894 179,583
			197,476
			199,803
			199,803
			(2,327)
		(2,327) 1,234,432 1,232,105	(2,327) 1,234,432

All activities are derived from continuing operations

The notes on pages 7 to 10 form an integral part of these financial statements.

Lesnes Abbey

BALANCE SHEET AS AT 31 AUGUST 2022

	Note
TANGIBLE FIXED ASSETS
Circuit Manses & Equipment
Investment Properties
CURRENT ASSETS
Debtors	3	50,303
HSBC Current Account	4	6,854
Central Finance Board		24,772
TMCP		32,508
		_____
		114,437
		_____
CREDITORS: Amounts falling
Under 1 year	5	50,204
Loans to the Circuit Due		-
		_____
NET ASSETS
FUNDS
Unrestricted Funds	6
Restricted Funds	7

The notes on pages 7 to 10 form an integral part of these financial statements.

Approved by the Trustees on ……………………………………………… 2023 and signed their behalf by :

……………………………………………………

STEPHEN HIENNO

Treasurer

Lesnes Abbey NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31, AUGUST

BASIS OF ACCOUNTING

1. ACCOUNTING POLICIES.

1.1 FUNDS

INCOMING RESOURCES.

1.2 Voluntary income and capital resources.

Voluntary income and donations are recognised when received.

1.3 Other Ordinary Income.

Rental income from letting of circuit premises is accounted for when due.

1.4 Income from investments.

Dividends and interests are accounted for when received.

APPLICATION OF RESOURCES.

1.5 Grants.

Grants and donations are accounted for when paid.

THE METHODIST CHURCH

Lesnes Abbey

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31, AUGUST

1.8 Other fixtures , fittings and office equipments.

All other fixtures, fittings and Equipments used by the circuit are written off as and when incurred.

Lesnes Abbey

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31, AUGUST 2022

Charity Registration number - 1134664

Principal address: 265, Burrage Road, Plumstead, London SE18 7JW (Circuit Office)

Bankers - HSBC Bank

Central Finance Board of the Methodist Church

Accountant and Independent Examiner.

Lesnes Abbey

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31, AUGUST 2022

TABLE OF CONTE

Trustees Report

Independent Examiner's Report

Statement of Financial Activities

Balance Sheet

Notes to the Financial Statements

Detailed Statement of Financial Activities

Lesnes Abbey

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31, AUGUST 2022

The following pages are for the Truste

INDEPENDENT EXAMINER’S REPORT TO

THE Trustees of LESNES ABBEY CIRCUIT FOR THE YEAR ENDED 31, AUGUST 2022

I report on the accounts of the LESNES ABBEY METHODIST CIRCUIT

for the year ended 31, August 2021 which are set out on pages 5 to 10.

RESPECTIVE RESPONSIBILITY OF THE TRUSTEES OF LESNES ABBEY AND THE EXAMINER

i) Examine the financial statements under section 145 of the 2011 Act

BASIS OF THE INDEPENDENT EXAMINER’S REPORT.

INDEPENDENT EXAMINER’S STATEMENT.

In connection with my examination of your financial statements for the year ended 31 August 2021, no matter has come to my attention :

1) which gives me reasonable cause to believe that in any material respect the requirements

To keep financial records in accordance with section 130 of the 2011 Act : and

To prepare financial statements which accord with the financial records and comply with the Accounting requirements of the 2011 Act

have not been met ; or

2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.

Independent Examiner

DETAILED STATEMENT OF FINANCIAL ACTIVITIES

YEAR ENDED 31, AUGUST 2022

1. Incoming Resources Activities in Furtherance of the Charity's Objects Donations & Legacies Income From Monetary Investment Income from Investment Properties Assessment of Churches Other Income TOTAL INCOME RESOURCES USED 2. Cost of Activities in Furtherance of Objectives Salaries & Associated Costs Property Maintenance District Assessment & Levy Office Expenses Other Outgoings TOTAL RESOURCES USED Excess (Deficit) Over Income Transfer Between Funds BALANCE BROUGHT FORWARD NET INCOME FOR THE YEAR	Unrestricted Funds £ - 26 17,868 170,848 8,734 __ 197,476 __ Unrestricted Funds £ 119,568 6,098 45,724 160 28,254 -	Restricted Funds £ - __ - __ Restricted Funds £ - 801 _ 801 _ 801
	199,803 ____ 199,803
	(2,327) 1,234,432 1,232,105	(801) 32,508 31,707

LESNES ABBEY CIRCUIT TRUSTEES REPORT AND ACCOUNTS FOR THE YEAR ENDED 31, AUGUST 2022

The Lesnes Abbey present their report together with the independently examined accounts for the year ended 31 August 2022

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CIRCUIT.

The Circuit is managed by the Superintendent, Ministers and elected Stewards from the variou

Superintendent

Rev Greg Obong-Oshotse

Treasurer

Mr Stephen Hienno

STRUCTURE, GOVERNANCE AND MANAGEMENT

Day to day management of the circuit is undertaken by the Circuit Leadership team along with Circuit Finance and Property Committee and the Circuit Policy Committee.

OBJECTIVES AND ACTIVITIES

(a) the Christian faith in accordance with the doctrinal standards and the discipline of the Methodist Church;

(b) any charitable purpose for the time being of any Connexional, district,

circuit, local or other organisation of the Methodist Church;

(c) any charitable purpose for the time being of any society or institution subsidiary or ancillary to the Methodist Church;

(d) any purpose for the time being of any charity being a charity subsidiary or ancillary to the Methodist Church.’

Our activities include the following:

Supporting local churches in the provision of regular public acts of worship open to members of the church and non- members alike.
The teaching of Christianity through sermons, courses and small groups.
Pastoral work including visiting the sick and bereaved.
Promotion of Christianity through the staging of events and services.

Members of Trustees of LESNES ABBEY

Members who served during the year and at the date of this report are:

Superinten Revd Greg Obong-Oshotse

Circuit AdmMrs Vicky Forster

FINANCIAL REVIEW

Income trends

Expenditure trends

Total expenditure in the year was £201k as compared to £237k the previous year., this was ma due to the reduction in staff costs as a result of having one less minister for the year.

Fund balances

APPROVAL

This report was approved by the Trustees on …………………………………….... 2023 and signed on their behalf by :

GUST 2022

Restricted Endowment - - 0 - -	Restricted Endowment - - 0 - -	2022 0 17,894 179,583		2021 1,000 18,319 208,500 227,819	2021 1,000 18,319 208,500
	- 0	197,476
	801 -	200,604			236,873
	800.94 0	200,604			236,873
	(801) 0	(3,128)			(9,054)
(801) 0 (3,128) 32,508 0 1,266,940 31,707 0 1,263,812		(3,128) 1,266,940	(9,054) 1,270,418 1,261,364	(9,054) 1,270,418

2022		2021
£		£
877,473		877,473
326,845		326,845
	8,966
	31,813
	32,619
	33,297
	_____
	106,695
	_____
	23,285
	10,000
	_____
64,233		73,410
_____		_____
1,268,551		1,277,728
_____		_____
1,252,240		1,245,220
31,707		32,508
_____		_____
1,268,551		1,277,728
_____		_____
0

……………. ……………………………………….

Rev Greg Obong-Oshotse

Superintendent r 2022

r 2022

ENTS

PAGE 1 to 3

4 5 6 7 to 10 12 and 13

ees of the LESNES ABBEY CIRCUIT only

Endowment Funds £ - __ - __ Endowment Funds £ - - - _ - _ -	TOTAL FUNDS 2022 2021 £ £ - 1,000 26 137 17,868 18,182 170,848 185,594 8,734 22,906 __ _ 197,476 227,819 __ _ 2022 2021 Total Total £ £ 119,568 142,111 6,098 15,152 46,525 47,984 160 643 28,254 30,983 - - 200,604 236,873 _ _ 200,604 236,873 (3,128) (9,054) 1,266,940 1,270,418 1,263,812 1,261,364	TOTAL FUNDS 2022 2021 £ £ - 1,000 26 137 17,868 18,182 170,848 185,594 8,734 22,906 __ _ 197,476 227,819 __ _ 2022 2021 Total Total £ £ 119,568 142,111 6,098 15,152 46,525 47,984 160 643 28,254 30,983 - - 200,604 236,873 _ _ 200,604 236,873 (3,128) (9,054) 1,266,940 1,270,418 1,263,812 1,261,364
	200,604 ____ 200,604	236,873 ____ 236,873
- - -	(3,128) 1,266,940 1,263,812	(9,054) 1,270,418 1,261,364

us churches.

(1976)

ne of the Methodist Church by

the Local Preachers meeting, the

ainly wards