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2022-08-31-accounts

St Thomas Methodist Church

Annual Report 2022

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 Bews David Bradford Sue Collins David House Janet Lee David Kirk Ann Matthews Heather Payne Rachel Scott Peter Kempster Rosemary Kempster

Charity and Minister of the Church at the following address:

Rev Julian Albrow 21 Dunsford Road Exeter EX4 1 LG

St Thomas Methodist Church

Annual Report 2022

Aim

The vision of our Church is to :

Services are held on a Sunday Morning at 10,30 a.m. catering for all ages and other services may be held on Sunday evenings dependant on the Christian of calendar. The Church is an active member of Churches, Together in Central Exeter

St Thomas Methodist Church is building links with St Thomas Parish Church and the Riverside Church by sharing mission opportunities within the community.

The Church premises are extensively used by the Church in course of its arranged activities and also by a large number of community groups. Further details of the activities of the church can be found on the website www.stthomasmethodist.co.uk

TRUSTEE TRAINING

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 meeting 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

5[th] Exeter Boys’ Brigade Young Families St Thomas Methodist Pre-School St Thomas Community Larder

St Thomas Methodist Church

Annual Report 2022

EVENTS AND ACTIVITIES OF LAST YEAR

The Church has been able to engage in its normal activities during the last year following the lifting of Government restrictions due to the pandemic

FINANCIAL INFORMATION

The General Fund for the year ended 31[st] August 2022 showed a deficit of £409. Given the state of the economy, the Church considers this to be a good result.

The Church bankers are HSBC Bank and monies are held on deposit with the Central Finance Board of the Methodist Church.

CHURCH RESERVE POLICY

The Church has a policy of holding six months expenditure in reserve on the General Fund and organises fund raising project and events to provide adequate income

BENEVOLENT FUND

The Church maintains a benevolent fund which is a restricted fund to enable loans and gifts to be made at the discretion of the Minister. The Balance in the Benevolent fund at 31[st] August 2022 was £350

CHURCH ACCRUALS ACCOUNTS

THE METHODIST CHURCH

STANDARD FORM OF ACCOUNTS

St Thomas Methodist Church

FOR THE YEAR ENDED

31 August 2022.

Exeter Coast and Country Circuit Church no 2403

Registered Charity - Registration number 1135010

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 2022

Income
1 Oferings
2 Donations
3 Gift Aid
4 Interest and investment income
5 Letting income
6 Internal organisations
7 Other charitable income
Expenditure
9 Circuit assessment or share
10 Grants and donations
11 Property maintenance
12 Insurance,utilities etc
13 Depreciation
14 Ofce 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
Notes to the
accounts
8Total income
24Total funds brought forward
25Total funds carried forward
£
General Fund
(Unrestricted)
29,557
0
6,836
30
25,664
-
3,420
65,507
48,000
-
3,225
11,128
-
1,828
1,735
65,916
-409
-409
43,418
43,009
£
£
29,557
0
6,836
5
35
25,664
-
105,307
108,727
Restricted
Funds
Total
2021-22
£
£
29,557
0
6,836
5
35
25,664
-
105,307
108,727
Restricted
Funds
Total
2021-22
105,312 170,819
48,000
-
3,225
11,128
-
1,828
1,735
109,898
109,898
109,898 175,814
-4,586
-4,995
-4,586
-4,995
34,661
78,079
30,075 73,084

St Thomas Methodist Church

Balance Sheet as at 31 August 2022

General Fund (Unrestricted) £

----- Start of picture text -----
Fixed Assets
Church building and other property
Investments
-
Total fixed assets
Current Assets
Debtors and prepayments 6,500
Loans by the Churches
Investments with TMCP
Central Finance Board Deposits 505
Cash at Bank and in hand 49,254
Total current assets 56,259
Current liabilities
Creditors (due in under 1 year) 13,250
Grants payable within 2018-19
Total current liabilities 13,250
43,009
43009
----- End of picture text -----

----- Start of picture text -----
Restricted Totals 2022 Totals 2021
Funds
£ £ £
----- End of picture text -----

----- Start of picture text -----
- -
- -
- -
- - -
----- End of picture text -----

----- Start of picture text -----
6,500 7,004
505 476
30,075 79,329 83,330
30,075 86,334 90,810
0 13,250 12,730
0 13,250 12,730
30,075 73,084 78,080
30075 73084
----- End of picture text -----

St Thomas Methodist Church

Notes to the Accounts for the year ended 31 August 2022

1 Basis of accounting

The financial statements have been prepared under the Charities accordance with the 2014 version of Accounting and Reporting Statement of Recommended Practice (SORP) applicable to charities p accounts in accordance with FRS102 – the Charities SORP (FRS102) and the Update Bulletin 1 issued in 2016.

2 Funds

The funds held constitute general funds held for any purpose of the Chu unrestricted and restricted funds which are held for a narrower purpose endowment funds. Details of each material fund are disclosed in the 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 basis to show a true and fair view of the Church's financial position and a

Incoming Resources

Income is included in the Statement of Financial Activities (SOFA) whe becomes entitled to the resources, and the trustees are reasonably cer receive the resources; and the monetary value can be measured w reliability.

Resources Expended

These are recognised when a liability is incurred, or a constructive obli that results in the payment being unavoidable. Liabilities are recognise an outflow of economic benefit is considered more likely than not unde constructive obligation committing the Church to pay out resources.

4 Fixed assets

----- Start of picture text -----
At
31 August 2022 1 S
£
Land and Buildings (insurance value) 5,130,497
Contents (insurance value) 227,075
Organ (insurance value) 411,574
----- End of picture text -----

5 Debtors and Prepayments

Debtors included in the accounts are in respect of the Gift Aid refund due Church from HM Revenue and Customs in respect of the refund claimed u August 2022.

Act 2011 in by Charities: reparing their taking note of

urch which are . There are no final note to

d the accruals ctivities.

en the Church rtain they will with sufficient

igation arises, ed as soon as er the legal or

At September 202 £ 4,186,913 185,312 335,878

to the Jpto31

St Thomas Methodist Church

Notes to the Accounts for the year ended 31 August 2022

6 Creditors

Creditors were amounts due from the Church at 31 August 2022.

7 Fees for independent examination of the accounts

There were no fees paid for the independent examination of the accou the two years ended 31 August 2021.

8 Paid employees

Five staff were employed during the year ended 31 August 2022

9 Capital commitments and contingent liabilities

At the 31 August 2022 there were no capital commitments.

In the event of the St Thomas Methodist Pre-School being unable to se liability arising in respect of redundancy being payable to its employee maximum contingent liabilities of £10,261 due on 31 August 2021

nts during ttle the s there are

ST THOMAS METHODIST CHURCH

DECLARATIONS AND SCRUTINY

I confirm that these accruals-based accounts for the year to 31 August 2021 have been prepa the records of the Church and that they include all funds under the control of the Church trus

Signature of Treasurer Date Name D Bradford Address 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 2021 have been presented to the meeting of the Church trustees held on

and were approved.

Signature of the Chair of the meeting Name of the Chair of the meeting Rev J Albrow Date Nov 8, 22

St Thomas Methodist Church

Independent Examiner's report to the Trustees of 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 Methodis ended 31 August 2021 set out on the attached pages. As the Church’s trustees, you preparation of the accounts in accordance with the requirements of the Charities Act

I report in respect of my examination of the Church’s accounts carried out under sect and, in carrying out my examination, I have followed all the applicable Directions give 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 m in connection with the examination which give me cause to believe that in, any mate

I have no concerns and have come across no other matters in connection with the ex attention should be drawn in this report in order to enable a proper understanding of reached. I have not obtained independent verification of all investments with the Tru Church Purposes or held in other trusts, bank balances and funds at the Central Finan Methodist Church which are individually in excess of £10,000 (ten thousand pounds) date.

Signature of independent examiner ………………………………………………………

Name of independent examiner Peter Giles Kempster

Relevant professional qualification of independent examiner N/A

Date 8th November 2022

Ired from tees. Nov 8. 22

st Church for the year are responsible for the 2011 (‘the Act’).

tion 145 of the Act en by the Charity

my attention in erial respect:

f the Act; or

ng the form and content

2008 other than any matter considered as

xamination to which the accounts to be ustees for Methodist nce Board of the at the balance sheet

…………….