# **CHURCH ACCRUALS ACCOUNTS**
# **THE METHODIST CHURCH**
# **STANDARD FORM OF ACCOUNTS**
## **St Thomas Methodist Church**
FOR THE YEAR ENDED
31 August 2020
|**Exeter Coast and Country Circuit**|**Church no 2403**|
|---|---|
|||
|**Registered Charity -Registration number**|**1135010**|
If not a registered charity **Her Majesty's Revenue and Customs** (The HMRC number is equivalent to a registered charity number in
Minister: Rev J Albrow Church Stewards: A Matthews J Lee Treasurer: D Bradford
## **St Thomas Methodist Church**
## **Statement of Financial Activities (SOFA) for the year ended 31 August 2020**
|**Notes to the**
**accounts**
**Income**
1 Offerings
2 Donations
3 Gift Aid
4 Interest and investment income
5 Letting income
6 Internal organisations
7 Other charitable income
8**Total income**
**Expenditure**
9 Circuit assessment or share
10 Grants and donations
11 Property maintenance
12 Insurance,utilities etc
13 Depreciation
14 Office expenses
15 Other expenditure
16 Internal organisations
**17 Total charitable expenditure**
18 Gains/losses on monetary investments
19 Gains/losses on investment property
**20 Surplus income**
21 Transfers between funds
22 Other gains/(losses)
**23 Net movement in funds**
24**Total funds brought forward**
25**Total funds carried forward**|
**General Fund**
**(Unrestricted)**
**Restricted**
**Funds**
**Total**
**2019-20**
£
£
£
32,655
**32,655**
980
**980**
8,539
**8,539**
72
**72**
16,413
**16,413**
-
**-**
1,687
110,333
**112,020**|
**General Fund**
**(Unrestricted)**
**Restricted**
**Funds**
**Total**
**2019-20**
£
£
£
32,655
**32,655**
980
**980**
8,539
**8,539**
72
**72**
16,413
**16,413**
-
**-**
1,687
110,333
**112,020**|
**General Fund**
**(Unrestricted)**
**Restricted**
**Funds**
**Total**
**2019-20**
£
£
£
32,655
**32,655**
980
**980**
8,539
**8,539**
72
**72**
16,413
**16,413**
-
**-**
1,687
110,333
**112,020**|
|---|---|---|---|
||**60,346**|**110,333**|**170,679**|
||34,250
**34,250**
-
**-**
7,468
**7,468**
8,590
**8,590**
-
**-**
2,676
**2,676**
2,122
**2,122**
101,175
**101,175**|||
||**55,106**|**101,175**|**156,281**|
||**5,240**
**9,158**
**14,398**|||
||**5,240**
**9,158**
**14,398**
**36,731**
**20,749**
**57,480**|||
||**41,971**|**29,907**|**71,878**|
## **St Thomas Methodist Church**
## **Statement of Financial Activities (SOFA) for the year ended 31 August 2019**
|**Notes to**
**the**
**accounts**
**Income**
1 Offerings
2 Donations
3 Gift Aid
4 Interest and investment income
5 Letting income
6 Internal organisations
7 Other charitable income
8**Total income**
**Expenditure**
9 Circuit assessment or share
10 Grants and donations
11 Property maintenance
12 Insurance,utilities etc
13 Depreciation
14 Office expenses
15 Other expenditure
16 Internal organisations
17**Total charitable expenditure**
18**Surplus income**
19**Total funds brought forward**
20**Total funds carried forward**|**General Fund**
**(Unrestricted)**
**Restricted**
**Funds**
**Total**
**2018-19**
£
£
£
42,344
**42,344**
1,212
**1,212**
9,197
**9,197**
42
**42**
27,086
**27,086**
-
**-**
4,136
128,064
**132,200**|**General Fund**
**(Unrestricted)**
**Restricted**
**Funds**
**Total**
**2018-19**
£
£
£
42,344
**42,344**
1,212
**1,212**
9,197
**9,197**
42
**42**
27,086
**27,086**
-
**-**
4,136
128,064
**132,200**|**General Fund**
**(Unrestricted)**
**Restricted**
**Funds**
**Total**
**2018-19**
£
£
£
42,344
**42,344**
1,212
**1,212**
9,197
**9,197**
42
**42**
27,086
**27,086**
-
**-**
4,136
128,064
**132,200**|
|---|---|---|---|
||**84,017**|**128,064**|**212,081**|
||53,000
**53,000**
-
**-**
8,682
**8,682**
12,470
**12,470**
-
**-**
4,015
**4,015**
2,454
130,859
**133,313**
**-**|||
||**80,621**|**130,859**|**211,480**|
||**3,396**
**(2,795)**
**601**
**33,335**
**23,544**
**56,879**|||
||**36,731**|**20,749**|**57,480**|
## **St Thomas Methodist Church**
## **Balance Sheet as at 31 August 2020**
|**Fixed Assets**
Church buildingand otherproperty
Investments|**Fixed Assets**
Church buildingand otherproperty
Investments|**General Fund**
**(Unrestricted)**
£|
**Restricted**
**Funds**
£|**Totals 2020**
£|**Totals 2020**
£|**Totals 2019**
£|
|---|---|---|---|---|---|---|
||||||||
|||||-||-|
|||||-||-|
|Investments||||-||-|
|**_Total fixed assets_**||**-**|**-**|**-**||**-**|
|**Current Assets**
Debtors andprepayments
Loans bythe Churches
Investments with TMCP
Central Finance Board Deposits
Cash at Bank and in hand|||||||
|Debtors andprepayments||7,685||7,685||9,665|
|Loans bythe Churches|||||||
|Investments with TMCP|||||||
|Central Finance Board Deposits||1,434|1,038|2,472||2,400|
|Cash at Bank and in hand||41,897|28,869|70,766||63,404|
|**_Total current assets_**||**51,016**|**29,907**|**80,923**||**75,469**|
|**Current liabilities**
Creditors(due in under 1year)|||||||
|||9,045||9,045||17,989|
|Grantspayable within 2018-19|||||||
|**_Total current liabilities_**||**9,045**||**9,045**||**17,989**|
|||**41,971**
**29,907**
**71,878**|||||
||||||||
|||**41,971**|**29,907**|**71,878**||**57,480**|
**St Thomas Methodist Church**
## **Notes to the Accounts for the year ended 31 August 2020**
## **1 Basis of accounting**
The financial statements have been prepared under the Charities Act 2011 in accordance with the 2014 version of Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with FRS102 – the Charities SORP (FRS102) and taking note of the Update Bulletin 1 issued in 2016.
## **2 Funds**
The funds held constitute: General funds held for any purpose of the Church which are unrestricted. restricted funds which are held for a narrower purpose . There are no endowment funds. Details of each material fund are disclosed in the final note to these accounts. Any funds may be represented by more than just cash.
## **3 Accounting policies**
These accounts have been prepared on the basis of historical cost and the accruals basis to show a true and fair view of the Church's financial position and activities.
## **Incoming Resources**
Income is included in the Statement of Financial Activities (SOFA) when the Church becomes entitled to the resources, and the trustees are reasonably certain they will receive the resources; and the monetary value can be measured with sufficient reliability.
## **Resources Expended**
These are recognised when a liability is incurred, or a constructive obligation arises, that results in the payment being unavoidable. Liabilities are recognised as soon as an outflow of economic benefit is considered more likely than not under the legal or constructive obligation committing the Church to pay out resources.
## **4 Fixed assets**
|||||
|---|---|---|---|
|Land and Buildings(insurance value)|4,186,913||4,080,802|
|Contents(insurance value)|185,312||180,616|
|Organ(insurance value)|335,878||327,366|
## **5 Debtors and Prepayments**
Debtors included in the accounts are in respect of the Gift Aid refund due to the Church from HM Revenue and Customs in respect of the refund claimed up to 31 August 2020.
## **St Thomas Methodist Church**
## **Notes to the Accounts for the year ended 31 August 2020**
## **6 Creditors**
Creditors were amounts due from the Church at 31 August 2020.
## **7 Fees for independent examination of the accounts**
There were no fees paid for the independent examination of the accounts during the two years ended 31 August 2020.
## **8 Paid employees**
No staff were employed during the two years ended 31 August 2020
## **9 Capital commitments and contingent liabilities**
At the 31 August 2020 there were no capital commitments.
In the event of the St Thomas Methodist Pre-School being unable to settle the
liability arising in respect of redundancy being payable to its employees there are maximum contingent liabilities of £11,833 due on 31 August 2020 (£10,895 maximum due on 31 August 2019).
## **St Thomas Methodist Church**
## **Notes to the Accounts for the year ended 31 August 2020**
## **10 For information only**
## **Money received and passed on to External Organisations**
|**Balance brought fwd**
**from last year**
Offerings/Gifts - received for External Organisations
Offerings/Gifts - passed to External Organisations
**Balance carried fwd**|2019/20
£||2018/19
£|
|---|---|---|---|
||123
1,581
(1,190)||1,391
2,486
(3,754)|
||514||123|
## **Analysis of restricted and designated funds 2019-20**
|**Restricted Fund**
**Name**|**Opening**
**balance**|**Incoming**
**Resources**|**Resources**
**Expended**|**Closing**
**Balance**|
**Purpose of the fund**|
|---|---|---|---|---|---|
||**£**|**£**|**£**|**£**||
|Benevolent Fund|100|350||450|Supportpeople in need|
|Bequests|719||130|589|Asper bequest|
|||||||
|**Internal**
**organisations**||||||
|Youngfamilies|623|1,440|1,062|1,001||
|Boys Brigade|1,579|45|644|980||
|St Thomas Pre-
School|17,298|104,622|98,281|23,639||
|Adult Literacy and
Numeracy Club|430|3,876|1,058|3,248|Adult literacy and numeracy
support for the citizens of
Exeter|
|Totals||||29,907||
||20,749|110,333|101,175|29,907||
|**Restricted Fund**
**Name**|**Opening**
**Balance**|**Incoming**
**Resources**|**Resources**
**Expended**|**Closing**
**Balance**|
**Purpose of the fund**|
|---|---|---|---|---|---|
||**£**|**£**|**£**
**£**|||
|Benevolent Fund|341||241|100|Supportpeople in need|
|Bequests|1,119||400|719|Asper bequest|
|||||||
|**Internal**
**organisations**||||||
|Network|249|391|640|0||
|Youngfamilies|5,794|2,322|7,493|623||
|Boys Brigade|900|1,816|1,137|1,579||
|St Thomas Pre
School|15,141|120,048|117,891|17,298||
|Adult Literacy and
Numeracy Club||3,487|3,057|430|Adult literacy and numeracy
support for the citizens of
Exeter|
|Totals||128,064
130,859
20,749||||
||23,544|128,064|130,859|20,749||
**St Thomas Methodist Church Annual report 2020**
## **ADMINISTRATION INFORMATION**
The Church is situated in Cowick Street, Exeter and is a registered charity
The Managing Trustees during the year were as follows:
Rev Julian Albrow Peter Bennett Mary Bailey (stood down 31 August 2020) Ann Bond David Bradford Keith Butler Sue Collins Ruth Goodwin (stood down 31 August 2020) Janet Lee David Kirk Jon Curtis (stood down 31 August 2020) Ann Matthews Rachel Scott Peter Kempster David House
Charity and Minister of the Church at the following address:
Rev Julian Albrow 21 Dunsford Road Exeter EX4 1LG
## **St Thomas Methodist Church Annual report 2020**
## **AIM**
The vision of our Church is to:
- Offer worship to all which is relevant and engaging.
- To create a community of belonging offfering pastoral care to all members particularly those in need.
- To serve God through our community both the community local to the Church and the world-wide community.
Services are held on a Sunday morning at 10.30 am catering to all ages, an evening service at 6.00 pm and other services dependant on the Christian calendar. The Church is an active member of Churches Together in Central Exeter.
St Thomas Methodist Church is building on its links with St Thomas Parish Church as part of the Anglican Methodist Covenant and Riverside Church by sharing mission opportunities' within the community.
The Church premises are extensively used by the Church in the course of its arranged activities and also by a large number of community groups. Further details concerning the activities of the Church can be found on the Church website.
www.stthomasmethodist.co.uk
## **TRUSTEE TRAINING**
A range of guidance produced by hthe Methodist Connexion to support the effective running of the Church and the role of Trustees is given to Church Trustees at various meetings and training sessions.
## **RELATED PARTIES**
The Church is part of the Exeter Coast and Country Circuit which is part of the Plymouth and Exeter Methodist District and is also accountable to the Methodist Conference.
Internal organisations linked to the Church are:
5th Exeter Boys Brigade Young Families Group St Thomas Pre School Adult Literacy and Numeracy Club St Thomas Community Larder
## **St Thomas Methodist Church**
## **Annual report 2020**
## **EVENTS AND ACTIVITIES OF LAST YEAR**
The Church has been unable to engage in its normal activities during the year due to Government restrictions arising from the pandemic
- (1) Messy Church has been suspended during lockdown.
- (2) Boys Brigade, Guides, Rainbows and Brownies are all sponsored groups and the Church runs its own Pre-School as well as Carers and Toddlers and a Friday Café.
- The Church has maintained contact weekly with these groups by various means.
- (3) Various Church and community groups are not able to meet due to the Government restrictions and are contacted on a weekly basis.
- (4) Church Council acts as the Leadership Team and continues to meet online.
- (5) The Church is not able to offer a social programme for members to develop their common life together due to current Government restrictions. It provides various resources to Church groups.
- (6) The Church has responded to the needs of the community by offering practical help and by responding to appeals to humanitarian needs across the world. It is a member of St Thomas Community Association and has actively supported it.
- (7) The Church has initiated and set up St Thomas Community Larder which is based in the Church and has actively worked with other groups and local Churches to provide food and essential items to around 47 families per week.
- (8) The Church responded to the needs of the community by establishing an Adult Literacy and Numeracy (ALAN) Club. This ran weekly until Government restrictions closed the meetings. The Club had over 60 students and 27 helpers currently has over 60 students with 27 helpers. It had been a great joy seeing people develop their skills and confidence. The Church is anxious for the meetings to recommence as soon as the Government considers it safe to do so.
- (9) Church Council continues with its programme of decoration and enhancement of Church premises. The garden continues to bloom and attracts lots of visitors.
- (10) The Church has continued the work of replacing the old lighting with new LED lights.
- (11) This year due to the Government lockdown the Church has not been able to hold its normal services but has had face to face meetings when allowed.
## **FINANCIAL INFORMATION**
The General Fund for the year ended 31 August 2020 showed a surplus of £5,240.
The Church bankers are HSBC Bank and monies are also held on deposit with the Central Finance Board of the Methodist Church.
## **St Thomas Methodist Church Annual report 2020**
## **CHURCH RESERVE POLICY**
The Church has a policy of holding six months expenditure in reserve on the General Fund and organises various fund raising projects and events to provide adequate income.
## **BENEVOLENT FUND**
The Church maintains a benevolent fund which is a resticted fund to enable loans and gifts to be made at the discretion of the Minister. The balance in the Benevolent Fund at 31 August 2020 was £450.
## **ST THOMAS METHODIST CHURCH**
## **DECLARATIONS AND SCRUTINY**
I confirm that these accruals-based accounts for the year to 31 August 2020 have been prepared from the records of the Church and that they include all funds under the control of the Church trustees.
|Signature of Treasurer
Name
Address||Date
20/6/2021|
|---|---|---|
||11 Baker Street, Exeter, EX2 5EA||
## **Presentation to the Church Council for approval.**
I confirm that the annual report and accounts for the year ended 31 August 2020 have been presented to the meeting of the Church trustees held on
and were approved.
||Signature of the Chair of the meeting|Signature of the Chair of the meeting|Signature of the Chair of the meeting|
|---|---|---|---|
|||||
|Name of the Chair of the meeting|||Rev J Albrow|
|||||
||Date|20/6/2021||
## **St Thomas Methodist Church**
## **Independent Examiner's report to the Trustees of the St Thomas Methodist Church**
## **Charity No. 1135010**
## **Responsibilities and basis of report**
I report to the trustees on my examination of the accounts of the St Thomas Methodist Church for the year ended 31 August 2020 set out on the attached pages. As the Church’s trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Church’s accounts carried out under section 145 of the A and, in carrying out my examination, I have followed all the applicable Directions given by the Charit Commission under section 145(5)(b) of the Act.
## **Independent Examiner’s Statement**
I have completed my examination. I confirm that no material matters have come to my attention in in connection with the examination which give me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Act; or
- the accounts do not accord with the accounting records; or
- the accounts do not comply with the applicable requirements concerning the form and content
- the trustees’ annual report is not consistent with the accounts
- of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any
- requirement that the accounts give a ‘true and fair’ view, which is not a matter considered as
- considered as part of an independent examination
- the trustees annual report is not consistent with the accounts.
I have no concerns and have come across no other matters in connection with the examination to which attenti should be drawn in this report in order to enable a proper understanding of the accounts to be reached. I have not obtained independent verification of all investments with the Trustees for Methodist Church Purpose or held in other trusts, bank balances and funds at the Central Finance Board of the Methodist Church which a individually in excess of £10,000 (ten thousand pounds) at the balance sheet date.
Signature of independent examiner ………………………………………………………………….
Name of independent examiner Peter Giles Kempster
Relevant professional qualification of independent examiner N/A
Date ………………………………………… 20/6/2021
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