## **ANNUAL REPORT AND ACCOUNTS For the year ended 31 August 2021** ## **Wesley Methodist Church, Reading Basingstoke and Reading Circuit** ## **Charity registration number:** 1134691 **Minister:** Reverend David Shaw ## **Church Treasurer:** Kenneth Fordjour ## **Church Trustees (at May 2021):** Rev. David Shaw (Minister) Kenneth Fordjour (Treasurer) Patricia Brown (Secretary) Julie Marsh (Pastoral co-ordinator) Cindy Thompson (Junior Church superintendent) Mary Ludlow (Lay pastoral worker) Peter Frank (Chairman, Property group) Jonathan Brown (Chairman, Worship team) Anita Abbey-Quaye (church steward) Fredua Agyeman (church steward) Hannah Edwards (church steward) Anna Ghelli (church steward) Samuel Nyamakope (church steward) Sohini Shama (church steward) Stephen Appiah (church representative) Peter Chapman (church representative) John Clarkson (church representative) Brenda de Souza (church representative) Alan Langford (church representative) Richard Langford (church representative) Angela Marjoram (church representative) Terry Rowell (church representative) Norman Smart (church representative) The Church’s statutory particulars are as follows: Full name: Wesley Methodist Church Main communication address: Wesley Methodist Church, Queen’s Road, Reading RG1 4BW Charity registered number: 1134691 Date of registration as Charity: 8 March 2010 Independent examiner: Mrs Christine Holland, 9 Ellerton Close, Theale, Reading RG7 5QN Bankers: HSBC Bank plc, including an account through the Central Finance Board of the Methodist Church. The Church is part of the Basingstoke & Reading Circuit, which is part of the Southampton District and is also accountable to the Methodist Conference. 1 ## **Objectives and activities** Wesley Methodist Church has been at the centre of the community since its establishment in 1873. We are a thriving congregation representing a wide range of ages, backgrounds and ethnicities, committed to worshipping together and serving our communities in the best way we can. Our core purpose is the furtherance of the Christian faith through the provision of regular public acts of worship which are open to members and non-members alike. We do this through a lively and supportive programme of worship on Sundays and at other times of the week, through sermons, courses of Bible study, music and singing, prayer and small group fellowships for people of all ages and backgrounds. We support our members and those who see us as their spiritual home through pastoral work and prayer. Practical manifestations of this include extending friendship to those who come to us, and visiting and praying for members of the congregation. We also commit to supporting other groups who use our building and to making links with others, both in our local area and internationally. We do this by providing space for groups, and by providing financial support to other charities. Our membership is about 150, and various other people visit the church regularly. ## **The following is our vision and purpose:** We believe in a loving God who came into our world in the person of Jesus Christ to bring us to himself. In his life and teaching Jesus showed us the best way to live. On the cross he died in our place, offering us the free gift of forgiveness and a new start. By rising from the dead he assures us of eternal life. In his daily presence with us through the Holy Spirit he gives meaning and direction to our lives. The Trustees confirm that the Church is a public benefit entity. ## **Achievements and performance:** During 2020-2021 we have carried out the following activities: - Continued our family worship on Sundays throughout the year, both in church and online during times of lockdown. Online services have included prayer, teaching, and music, both instrumental and choral, supplied by our own congregation by recording separately and editing to form congregational hymn-singing. - After the lifting of lockdown, continued to provide online worship for those who are unable to meet in person in church. Continued to use the gifts of our congregation to lead and support worship online through music and other means. Continued to offer an online series of ‘Small Talks’ on YouTube and Facebook, by our minister. Continued our ecumenical links with our neighbouring church St Andrews URC, including the distribution of Easter eggs and Easter leaflets around the neighbourhood. 2 Taken our responsibilities towards the environment seriously by developing policies in keeping with being an Eco-Church, working towards achieving a Bronze Award. Supported our children and young people in Junior Church by continuing to hold Zoom gatherings, as well as resuming in-church sessions. Drawn up specifications and tender documents for Phase 1 (accessible groundfloor toilets) of a major refurbishment project of the adjoining former manse building (known as 84 Queens Road), to create more usable space for church and community. This will be followed by Phase 2 (a kitchen and café area), to support Reading Frontline Christian debt agency. We successfully applied for a grant from Methodist Insurance to support this project. Others were pending at the end of this accounting period. Supported a network of other voluntary groups when possible through the provision of space, including and a number of support groups for people with addictions. ## **The future:** As part of the developing work of the church we are looking at how best we can use the resources and skills of the congregation, the gift of the buildings and the space they offer, together with the financial resources of the church, and to identify what else we should develop to meet our objectives as a church and a key part of the community. Plans for 2021/2022 include: - Submission of further applications for grant funding for development of the former manse for church and community use. - Joint community outreach with St Andrew’s URC, to distribute free Easter eggs with leaflets around the neighbourhood, and to offer a free Street Afternoon Tea for the Queen’s Platinum Jubilee. Continuing to support other church communities through the use of our buildings. Supporting other community service projects as well as continuing existing ones. Re-start our services for parents and babies through the Spokes parent and toddler session. Resuming participation in Bed For The Night. ## **Financial review** ## **Income and expenditure:** Church income is primarily drawn from the Sunday collections paid by the congregation plus the related Gift Aid tax credits, and lettings income paid by local community groups using the premises. Owing to lockdown, collections and tax credit fell by £538 over the previous year to £73944, and lettings by £13857. The major expense is the assessment paid to Basingstoke & Reading Circuit. The assessment this year was £70203 compared with £68728 the previous year. The assessment pays for the minister’s salary, employer pension, NI contributions, travelling expenses and manse running costs; Circuit administration; and contributions towards denominational central costs. The other main expense is Church running costs, including heating and lighting, insurance and utilities, maintenance and improvements, which amounted to £43067 this year. We were able to prepare for Phase 1 of the refurbishment of the ground floor of the old manse (84 Queen’s Road) during this current financial year. 3 ## **Reserves policy:** **General funds:** It is the Church’s policy to have in hand sufficient to cover at least three months assessment, plus a further amount to cover any emergencies which occur in the short term and other one off payments which may arise, and to this end it will endeavour to have £27,000 readily available to cover these payments. General funds held at Y/E 31/08/2021 £10271. **Restricted funds:** No funds have been drawn from the TMCP Investments during the last financial year. It is intended to carry out work to the ground floor of 84 Queens Road for which consents have now been obtained. It is anticipated that some of these funds will be used for this purpose, but it is our intention to keep some funds in reserve for any major works that arise to our Victorian buildings which are now over 140 years old. Restricted funds held at Y/E 31/08/2021: £24,186. ## **Review of the year 2020-2021:** The year got off to a good start, with healthy giving and other income. From March 2020 income from lettings and other sources dropped by more than 75%. In spite of the unprecedented circumstances and the financial challenges that we have encountered, we have managed to meet most of our expenses, mainly due to generous giving of our members. As the financial year 2021-2022 began, it looked as though we could continue to hold our own. ## **Outline of Wesley Methodist Accounts (at 31/08/21):** TMCP Account £56,394 CFB Deposit fund account £32,212 Current account balance £9,325 ## **Structure, governance and management** Wesley Methodist Church is a Christian organisation that is governed by the Methodist Church Act 1976. Detailed governance arrangements are outlined in the Constitutional Practice and Discipline of the Methodist Church (CPD) by order of the annual Conference. Day-to-day management of the Church is undertaken by the Church stewards along with the Minister under the authority of the Church Council, who are the Trustees. The Trustees are appointed at the Annual General Meeting of the Church. Mr Kenneth Fordjour (one of the managing trustees) as Treasurer oversees the day-to-day financial management and accounting for the Church during the year, supported by a Property & Finance group chaired by Mr Peter Frank. A range of guidance produced by the Methodist Connexion to support the effective running of the church and the role of the Trustees is given to the Church Trustees at various meetings and/or training sessions. ## **Risk management** 4 The major risks have been identified and recorded by the Trustees with professional advice taken as required. A regular annual review process is undertaken as required. Income and expenditure is reviewed and monitored against budget on a quarterly basis as part of the risk management process to avoid unforeseen calls on reserves. ## **Safeguarding** The Methodist Church, along with the whole Christian community, believes that each person has a value and dignity which comes directly from God’s creation in God’s own image and likeness. Christians see this as fulfilled by God’s re-creation of us in Christ. Among other things, this implies a duty to value all people as bearing the image of God and therefore to protect them from harm. Methodist Connexional practice outlines commitment to the following principles: - The care and nurture of, and respectful pastoral ministry with, all children, young people and adults. The safeguarding and protection of all children, young people and adults when they are vulnerable. - Establishing safe, caring communities which provide a loving environment where there is informed vigilance as to the dangers of abuse. Carefully selecting and training all those with any responsibility within the Church, in line with Safer Recruitment principles, including the use of criminal records disclosures and registration with the relevant vetting and barring schemes. Responding without delay to every complaint made which suggests that an adult, child or young person may have been harmed, co-operating with the police and local authority in any investigation. - Seeking to challenge any abuse of power, especially by anyone in a position of trust. - Seeking to offer pastoral care and support, including supervision and referral to the proper authorities, to any member of our Church community known to have offended against a child, young person or vulnerable adult. In all these principles following legislation, guidance and recognised good practice. Wesley Methodist Church commits itself to ensuring the implementation of Connexional Safeguarding Policy, government legislation, guidance and safe practice in the Circuit and in the churches. Wesley Methodist Church also commits itself to the provision of support, advice and training for lay and ordained people that will ensure people are clear and confident about their roles and responsibilities in safeguarding and promoting the welfare of children and adults who may be vulnerable. _Approved by the Trustees on 14 June 2021 and signed on their behalf by_ ## **Signed** : **Rev. David Shaw** _Date:_ **17 June 2021** 5 ## **Accounting responsibilities** Charity law requires trustees to prepare annual accounts that give a true and fair view of the state of affairs to the Church at the year end and of its financial activities during the period. The Trustees are required to: - a. Select suitable accounting policies and apply them prudently - b. Make judgements and estimates that are reasonable and prudent - c. Prepare accounts on a going concern basis unless it is inappropriate to presume that the Church will continue in operation. Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy the financial position of the Church, so that the accounts comply with the charity accounting SORP 2015. They are also responsible for safeguarding the assets of the Church and hence for taking reasonable steps for the prevention of fraud and other irregularities. The Church is entitled to exemption from audit under the Charities Act but is required to have an independent examination of its accounts; the Church has therefore taken advantage of this exemption. 6 CHURCH RECEPTS AND PAYMENTS ACCOUNTS THE METHODIST CHURCH STANDARD FORM OF ACCOUNTS Chyr FOR THE YEAR ENDED 31 August 2021 &Rwd Chru CH￿11 no 2&14 Registerpd Ch¥lty. Ch*lty ReglthtknD number If FK)ta reg5tered charty Her R•¥•nu• •d Cy¥l(Mn• Gfft Ahj nurnber ITf* HMRC numt¢r i5 equp4th* to a r8isier*1 charty Thjmter ws ofevKJwce ofcharitat* status aTrJ may be used towe trj dc•K￿ Crf grant k) see dts£*gants8kn's Charita￿ stalus. 1134691 IrtstnJn*rt 2014 No.2421 Pttey.Quaye Ken FLY¢JF 1LIS A¢cOl￿Ts FOR YE•41 Ela)ED31 ￿1￿*T 2•21 y￿SLEy SECIIOII A RECEIPTS a2 Offenn and Tax Yewvered Bank and and InvestN*nt nL¥Jsr¢ 217 225 570 a4 Lstt a5 oth&r TOTAL RECEIPTS 187 93.663 23.195 116.858 SECnQN b1 PAYIIEpirs b2 C¥DJit A5Ee$S￿lltorshère b3 nai￿nS b4 èirs and va￿ten9nCtt *$ Ilnsurnnces. ¥￿ter￿￿￿@S. heat b5 AspiF 14.019 b7 Other TOTAL PAYi*pirs ntS 688 113.958 b8 113.958 130.279 SECTIOII C NET RECE1PTSIPAY￿NTs FOR 295 Total funds bn>ughtfDt**td Itorn 5t year 113412 Sub ))tJl 1+¢2 Trdnsfers ad sIt￿)ts c7 TOT￿ AT END OFYE• 72.lJ62 97.271 94.371 41 htfDTh)erd d2 Omothi slG&7s. forextsmal o 7S2 d3 sIGrfts - tQ 8Xtèm81 nvAts)n d4 (￿hR￿P3)Is￿l5 2￿5 1528 ary4rd 9325 Bo 31J51 5631• $6J95 97271 SECrnIG 31 W2021 Lan¢4Bu 404 85637 1SS.141 Nam ofchurch... Declarations and Scrutiny I cQnfim)thattt￿se Re￿Ip1and paYr￿tbased alv￿￿* Sythe ￿r￿31 ￿￿u$l2021 h8%* been prepar8d *omthe reoydsoflhB ChuKth and thatew1nd￿Jea1l frjnds underthe(¥Jntrt4 ofthe Churr stees. SvJnabJr•oitreawrer.. Name and addre&s oftreasvrer......... 8 KeswK* Cksse ￿￿￿Irst RO•j￿¥￿ RG304SD Pr•s•r*aUonto¢lKt cIMwchtr￿ts•5 l¢onlmi thatthe annual rerAYtand a¢x¥unts*rtt*>P￿e￿Jad 31 ￿￿51￿j21 wetol**W' rKeserthl ihe tnaeting olthe Churth ffiJs*es hekl on................. 03. OS 2G21 gTra￿re ofthe Chalrofthe meebng ..... Narne ofth8 Chawofthe ￿e￿I￿j ..... Independent Examlnerf$ Report to the Twsteos ofthe W8sl•y Methodist Church IMr*y Nwnb•r.. 1134691 and bMIT dr•pNt I worttr>the knswon mYeYarrMr￿tityl olthe arAx)untsoIWe*yMellKNJi%tChurth knrlheyeartrnded 31 Augu*2021 5etouton pages2 kn3.Asthe chwth.s￿Ske*￿X1 are resW)n*b￿fi￿the prepaTab ofthe aoJ)unts In A￿￿>￿$anCe Ihe r8wirtm&ntsoithe Chartseskt2071 Imhe *dl. I r8fOrtin resp2Ltofmyey2nMnalK>n olthe CIMMth'5atu￿I&r￿Ied OuturwJers￿*oTh 145ofth&ktand. in ￿Tr￿Thg outmyexamin¥)on. I ha¥e 811lheapplK¥148 t)Keckns9ini bythe Charity Conwni&sion undef seGbon 14515Xbl ofthe* ' delets L¥C4K* as apwtw** 4(rf5 ofCfvJrth... Inthp•nd•nt Examlr*ts Sl•i•m•rt I have mrnpleted myèxaminab"on. l (￿fim7 ihatno matrtial mal*rs have (x)me b my atrenbon in connection wibl Ihe examinab.on lolhef than thaldi¥Josed b8low"Iwhic* give me (ause to b8118¥È Ihatin, any material respect Ihe ao))untFng ￿(￿)￿ We￿ not kept in a￿Ajan￿ wÈth Se{*￿ 130 ofthe Art or Ihe a(x))unts do nota(wrd ￿1h the ac*Xwnti￿ rewrd$. I have no concsms and have arxoss no Olher matsrs in L*)nnectson wilh th8 8xaminab.on tr& which at*ntion should be drdwn in this reportin ofder b enable a PfoperUnde￿tsndIng oflhe aLV)unts kn be a¢hed. I hav8 notobtained indep8ndent*nfirAb"on ofall I￿sIments with Ih& Tnjstses frjr M&lhodistChur Purposesorheld in othertrusts. bank balancEsand bjnds atthe Central Fillan￿ Board ofthe Methodist Church which are indiwdually in excess of£10.000 l*n thousand pound51 atlhe tsalan￿ 5heel date. sigTra￿re of Independentexa￿￿ne￿ Nan* of irvJepen(lentexanMner chil￿￿￿ Holland Relevant proÈsgonal qualification olindependentexamlner CPFA dress 9 Ctose. Theak. Reading. RG7 Dat8.... Zo2L........... CHURCH RECEPTS AND PAYMENTS ACCOUNTS THE METHODIST CHURCH STANDARD FORM OF ACCOUNTS Chyr FOR THE YEAR ENDED 31 August 2021 &Rwd Chru CH￿11 no 2&14 Registerpd Ch¥lty. Ch*lty ReglthtknD number If FK)ta reg5tered charty Her R•¥•nu• •d Cy¥l(Mn• Gfft Ahj nurnber ITf* HMRC numt¢r i5 equp4th* to a r8isier*1 charty Thjmter ws ofevKJwce ofcharitat* status aTrJ may be used towe trj dc•K￿ Crf grant k) see dts£*gants8kn's Charita￿ stalus. 1134691 IrtstnJn*rt 2014 No.2421 Pttey.Quaye Ken FLY¢JF 1LIS A¢cOl￿Ts FOR YE•41 Ela)ED31 ￿1￿*T 2•21 y￿SLEy SECIIOII A RECEIPTS a2 Offenn and Tax Yewvered Bank and and InvestN*nt nL¥Jsr¢ 217 225 570 a4 Lstt a5 oth&r TOTAL RECEIPTS 187 93.663 23.195 116.858 SECnQN b1 PAYIIEpirs b2 C¥DJit A5Ee$S￿lltorshère b3 nai￿nS b4 èirs and va￿ten9nCtt *$ Ilnsurnnces. ¥￿ter￿￿￿@S. heat b5 AspiF 14.019 b7 Other TOTAL PAYi*pirs ntS 688 113.958 b8 113.958 130.279 SECTIOII C NET RECE1PTSIPAY￿NTs FOR 295 Total funds bn>ughtfDt**td Itorn 5t year 113412 Sub ))tJl 1+¢2 Trdnsfers ad sIt￿)ts c7 TOT￿ AT END OFYE• 72.lJ62 97.271 94.371 41 htfDTh)erd d2 Omothi slG&7s. forextsmal o 7S2 d3 sIGrfts - tQ 8Xtèm81 nvAts)n d4 (￿hR￿P3)Is￿l5 2￿5 1528 ary4rd 9325 Bo 31J51 5631• $6J95 97271 SECrnIG 31 W2021 Lan¢4Bu 404 85637 1SS.141 Nam ofchurch... Declarations and Scrutiny I cQnfim)thattt￿se Re￿Ip1and paYr￿tbased alv￿￿* Sythe ￿r￿31 ￿￿u$l2021 h8%* been prepar8d *omthe reoydsoflhB ChuKth and thatew1nd￿Jea1l frjnds underthe(¥Jntrt4 ofthe Churr stees. SvJnabJr•oitreawrer.. Name and addre&s oftreasvrer......... 8 KeswK* Cksse ￿￿￿Irst RO•j￿¥￿ RG304SD Pr•s•r*aUonto¢lKt cIMwchtr￿ts•5 l¢onlmi thatthe annual rerAYtand a¢x¥unts*rtt*>P￿e￿Jad 31 ￿￿51￿j21 wetol**W' rKeserthl ihe tnaeting olthe Churth ffiJs*es hekl on................. 03. OS 2G21 gTra￿re ofthe Chalrofthe meebng ..... Narne ofth8 Chawofthe ￿e￿I￿j ..... Independent Examlnerf$ Report to the Twsteos ofthe W8sl•y Methodist Church IMr*y Nwnb•r.. 1134691 and bMIT dr•pNt I worttr>the knswon mYeYarrMr￿tityl olthe arAx)untsoIWe*yMellKNJi%tChurth knrlheyeartrnded 31 Augu*2021 5etouton pages2 kn3.Asthe chwth.s￿Ske*￿X1 are resW)n*b￿fi￿the prepaTab ofthe aoJ)unts In A￿￿>￿$anCe Ihe r8wirtm&ntsoithe Chartseskt2071 Imhe *dl. I r8fOrtin resp2Ltofmyey2nMnalK>n olthe CIMMth'5atu￿I&r￿Ied OuturwJers￿*oTh 145ofth&ktand. in ￿Tr￿Thg outmyexamin¥)on. I ha¥e 811lheapplK¥148 t)Keckns9ini bythe Charity Conwni&sion undef seGbon 14515Xbl ofthe* ' delets L¥C4K* as apwtw** 4(rf5 ofCfvJrth... Inthp•nd•nt Examlr*ts Sl•i•m•rt I have mrnpleted myèxaminab"on. l (￿fim7 ihatno matrtial mal*rs have (x)me b my atrenbon in connection wibl Ihe examinab.on lolhef than thaldi¥Josed b8low"Iwhic* give me (ause to b8118¥È Ihatin, any material respect Ihe ao))untFng ￿(￿)￿ We￿ not kept in a￿Ajan￿ wÈth Se{*￿ 130 ofthe Art or Ihe a(x))unts do nota(wrd ￿1h the ac*Xwnti￿ rewrd$. I have no concsms and have arxoss no Olher matsrs in L*)nnectson wilh th8 8xaminab.on tr& which at*ntion should be drdwn in this reportin ofder b enable a PfoperUnde￿tsndIng oflhe aLV)unts kn be a¢hed. I hav8 notobtained indep8ndent*nfirAb"on ofall I￿sIments with Ih& Tnjstses frjr M&lhodistChur Purposesorheld in othertrusts. bank balancEsand bjnds atthe Central Fillan￿ Board ofthe Methodist Church which are indiwdually in excess of£10.000 l*n thousand pound51 atlhe tsalan￿ 5heel date. sigTra￿re of Independentexa￿￿ne￿ Nan* of irvJepen(lentexanMner chil￿￿￿ Holland Relevant proÈsgonal qualification olindependentexamlner CPFA dress 9 Ctose. Theak. Reading. RG7 Dat8.... Zo2L...........