Registered Charity No: 1135136 THE METHODIST CHURCH BARNSLEY NORTH WEST REPORT AND ACCOUNTS YEAR ENDED 31 AUGUST 2024
THE METHODIST CHURCH BARNSLEY NORTH WEST TRUSTEES, REPORT AND ACCOUNTS YEAR ENDED 31 AUGUST 2024 CONTENTS Page Legal and Administrative I nfonnation Trustees, Report 5-10 Independent Examinerfs Report Statement of Financial Activities 12 Balance Sheet 13 Notes to the Financial Statements 14-23 |Page
THE METHODIST CHURCH BARNSLEY NORTH WEST LEGAL AND ADMINISTRATIVE INFORMATION YEAR ENDED 31 AUGUST 2024 Principal Office: Emmanuel Methodist Church 72 Huddersfield Road Bamsley South Yorkshire S75 1DT Registered Charity Number: 1135136 Principal Bankers: HSBC 5 Market Hill Bamsley South Yorkshire S70 2PY Central Finance Board of the Methodist Church 9 Bonhill Street London EC2A 4PE Independent Examiner: Angela Hayes Community Accountant 22 Brocklehurst Avenue Bamsley South Yorkshire S70 3EE |Page
THE METHODIST CHURCH BARNSLEY NORTH WEST LEGAL AND ADMINISTRATIVE INFORMATION continued YEAR ENDED 31 AUGUST 2024 Trustees: Minister & Chair Acting Superintendent Minister Minister Superintendent Minister Treasurer Safeguarding Chair of Circuit Leadership Team Revd Lyn Gregg - appointed 01/09/23 Revd Lyn Gregg - from 21/01/25 Deacon Alison Mccauley - resigned 31/07/24 Louise Dawson Revd Louise Carr - deceased 23/12/2024 Nigel Bonson Alison Padgett Dawn Webster- resigned 31/08/24 Heather Hague - appointed 01/09/24 Philip Harris Aimee Crossland - resigned 31/07/24 Deborah Evans Elizabeth Jones - appointed 21/01/25 Secretary Lay workers resentatives from each Cha Dodworth Elsie Dyson Anne Hamby Nigel Bonson Carol Buckingham - resigned 13/06/24 Jan Eldred David Grimes June Grimes Pete Lane - resigned 25/09/23 Claire Woodward - appointed 13/06/24 Allan Wearmouth Emmanuel Kexborough Graham Dawson Angela Findlow - appointed 21/01/25 Chris Harrington Doreen Snowden - resigned 21/01/25 Wan Foong Loh Ann Sutcliffe Christine Wilson Buckley Pogmoor Silkstone Common Gwenyth Harrison Elvin Athey - resigned 24/04/23 Sandra Blackburn - resigned 24/04/23 Beverley Smith - appointed 01/09/23 Hazel Hawdon - appointed 01/09/23,. deceased 04/12/2024 Leslie Howarth - appointed 01/09/23 Joyce Watson - appointed 21/01/25 Higham |Page
THE METHODIST CHURCH BARNSLEY NORTH WEST TRUSTEES, REPORT YEAR ENDED 31 AUGUST 2024 The Trustees of The Methodist Church Barnsley North West submit their Annual Report and Financial Statements for the year ended 31 August 2024. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP FRS102) "Accounting and Reporting by Charities" issued in 2019. in preparing the Annual Report and Financial Statements of the Charity. Formerly the Emmanuel Methodist Church, and renamed on 1 September 2021, The Methodist Church Barnsley North West was registered with the Charity Commission on 24 March 2010, registered charity number 1135136. Previous to this. the Church was exempt from registration with the Charity Commission. Structure, Governance and Management As part of the Methodist Church. the charity is governed by the Deed of Union (1932) and the Methodist Church Act (1976). The goveming documents are contained in "The Constitutional Practice and Discipline of the Methodist Church". The Methodist Church Bamsley North West includes the individual Methodist chapel communities of Buckley. Dodworth. Emmanuel. Higham. Kexborough, Pogmoor and Silkstone Common. Higham Methodist Church joined our multi-site church with effect from 1 September 2023. The Trustees of the charity are the members of the Church Council. The Church Council has authority and oversight over the whole area of the ministry of the church, including the management of its property. The Council is responsible for leadership and the determination and pursuit of policy and the deployment of available resources. Members are elected to the Church Council at the General Church Meeting and eligibility for appointment is set out in the Constitution. The Trustees who served during the period, and to the date of signing of this report, are listed on page 4 of this report. Charitable Objectives The purposes of the Methodist Church are. and shall be deemed to have been, Sin the date of the Union: The advancement of: a) The Christian Faith in accordance with the doctrinal standards and discipline of the Methodist Church. b) Any charitable purpose of any connexional district, circuit, local or other organisation of the Methodist Church. c) Any charitable purpose of any society or institution subsidiary or ancillary to the Methodist Church. d) Any purpose of any charity being a charity subsidiary or ancillary to the Methodist Church. |Page
THE METHODIST CHURCH BARNSLEY NORTH WEST TRUSTEES, REPORT continued YEAR ENDED 31 AUGUST 2024 Public Benefit The trustees have taken due regard of guidance on public benefit published by the Charity Commission in planning the objectives and activities for the year. Mission Statement The mission of the Methodist Church Bamsley North West is to share the gospel of Jesus Christ by encouraging, resourcing and enabling the people and chapels of the area to serve their communities and the wider world. The church organises itself to cary out its stated aims and objectives by being in good relationships with: God - we ourselves are called to be lifelong disciples and as such have a duty not only to worship, but prayer and study. Ourselves- we must work together to be one church in several locations. Older People - we believe our mission also lies in working with older people outside of the church and think this builds largely on existing work on all sites. Young people - we commit to a two-way relationship with young people involving both sharing and listening. repenting of times when we have merely sought to do to and for young people, rather than with them. Those outside the church - God's love is for all. we must therefore learn to serve. like Jesus, those not represented in our churches. We commit to learn more about people of other cultures, faiths, sexualities and those who seek refuge in the UK. The Mission of the Methodist Church Barnsley North West is therefore to relate well to ALLI During the year, the Bamsley Circuit launched the Mission Plan 2024-2027, "Our Hopes and Dreams.. Related parties The charity is part of the Methodist Church and is a member of the Barnsley Methodist Circuit (registered charity number 1135240). The Methodist Circuit provides resources and employs the ministers and lay workers. The Circuit also maintains the fabric of the properties and arranges the fInanS for the Maintenan of the member churches. The charity contributes to the cost of the Circuit through a levy known as the Circuit Assessment. Risk management The Trustees are responsible for identifying and managing risk. The Trustees monitor and review the activities of the charity to ensure that risks are identified and that procedures have been put in place to mitigate those risks. |Page
THE METHODIST CHURCH BARNSLEY NORTH WEST TRUSTEES, REPORT continued YEAR ENDED 31 AUGUST 2024 Activities undertaken for public benefit The Methodist Church Bamsley North West seeks to share the gospel of Christ in the communities it serves. It maintains a Christian presence in the communities that it serves and carries out its stated aims and objectives by: Holding four meetings of the Church Council each year to oversee the work of the Church and identify opportunities for mission - and other meetings as necessary for other groups. Maintaining a presence in local communities through our worship and making premises available for wider use. Holding regular worship. not only on Sundays but also midweek, in our chapels with occasional shared services. Sharing information about the needs of the communities we serve and events in the wider world. Joining in ecumenical partnerships in Barnsley town centre and in the local areas around our Chapels in Buckley. Dodworth. Kexborough, Higham. Pogmoor and Silkstone Common. Working with our Pastoral worker to support people in the local community, through support & events. Achievements and progress during the year All finances operate within a single system, and this is allowing the chapels to work more effectively together and support each other. The Grants Application Co-ordinators assist chapels across the North West Church with their grant applications. The change to the pattem of worship to every two or even every 4 weeks by some chapels continues with some members attending at another chapel when their own has no service. During the year, chapels have continued to assess their on-going viability. The premises at Silkstone Common remained open for letting purposes. In February 2024, the property was included in the register of the Council's List of Assets of Community Value. Against that background, the future of that property is subject to further discussions with the Sheffield District. Rev. Lyn Gregg became our minister from 1 September 2023 following the departure of Rev Ben Scrivens in August 2023 and is the minister with sole responsibility for the Methodist Church Barnsley North West. Our Young People's Worker moved to another post in the year, and since the year end, we have appointed a rep1arnent to continue the work with young people. Our Pastoral Worker continues to care for our members and those outside the church in meaningful and innovative ways. Our Deacon retired in July 2024 and no immediate replament could be found although we are hopeful that an appointment can be made in 2025. Several courses took place, including training modules on Equality. Diversity and Inclusion, and the emphasis continues to be placed on safeguarding. The EcoFest, originally planned to take place at Emmanuel in March 2023, was cancelled due to the weather. and on a re-arranged date took place in September 2023 and was well supported. The Lunch Club at Kexborough, the dementia café at Emmanuel, and Wami Spaces are examples of activities that continue to be an essential part of our mission. |Page
THE mHoDIST CHURCH BARNSLEY NORTH WEST TRUSTEES, REPORT continued YEAR ENDED 31 AUGUST 2024 The Church continues to debate and seek the way forward through whole-church discussion about priorities for mission, worship. supporting our community, ECO-Church initiatives and continued review of the viability of our building stock. Policy on reserves The trustees have established their mission aims, taking into account all of the resources available. in terms of people. property and money. The Trustees plan to use reserves to resource mission and to strengthen relationships within the multi-site Barnsley North West Methodist Church. including: Review of buildings and developing a forward plan for worship across the Barnsley North- West Church in Barnsley Funding resources for worship and study and training where required Funding expenses for recruited lay and support vrkerS Based on forecasted expenditure. and on ensuring there are reserves to cover costs for 6 months, the Church will work to maintain reserves of approximately £140,000. At the end of the financial year. the reserves stand at £179.046 (2023: £152,473. The Church also holds a sum of £40,429 in a designated Property Fund, £20,198 of which was transferred-in from Higham Methodist Church upon joining the charity at the start of the financial year. The level of reserves held by each chapel is shown in note 16 to the accounts (page 21). Funds for the six worshipping communities are now in two shared accounts and we are discussing how to share our resources in a way which equips each chapel for mission in its local community and also enables us to jointly fund shared initiatives. Financial review At Notes 2a - 2c, the tremendous efforts in fundraising and successful grant applications can be seen. Income from offerings and donations has risen with an encouraging increase once again in lettings income. All chapels have experienced increases in energy costs. Repairs and maintenance have decreased from the high level of the previous year. The Circuit Assessment continues to be at a high level: almost 50 % of our total expenditure (see page 17). Total funds at the end of the year increased. in part due to the transfer of funds from Higham. The Trustees have considered the impact of the Autumn 2024 Budget. From April 2025, when the secondary threshold for National Insurance purposes is to be set at a lower level, and the employer contribution rate is to increase to 15 % . additional costs will be incurred. At the same time, it is expected that some of our suppliers will also increase their charges. At the year-end. unrestricted reserves stsnd at £219.475 (2023: £172,704). This includes £40,429 designated for future property costs (2023: £20,231). The funds held by each chapel are shown in note 16 to the accounts (page 21). |Page
THE METHODIST CHURCH BARNSLEY NORTH WEST TRUSTEES, REPORT continued YEAR ENDED 31 AUGUST 2024 In-Kind support Volunteer support in our chapels continues following the retum of the usual activities. This has included volunteer input into gardening and cleaning activities, as well as volunteer support for running groups for children and young people. ladies, events and for making pastoral deliveries to housebound people across our community. More volunteers are always needed. Post Balance Sheet Events In August 2021, a cleaner employed by Emmanuel suffered an accident on the chapel premises. A claim against Emmanuel for personal injury was made and processed by our insurer. Liability was not admitted. The employee left the employment in February 2023. It was shortly before the incident's three-year anniversary deadline that the claimant's representatives advised of the intention to proceed. In late October 2024, Emmanuel received the Particulars of Claim (claimant's allegations). Defen and Counter schedule (response to claimant's allegations) and Schedule of Loss. The insurer's offer to the claimant was responded to with an increased claim. The insurer was instructed not to acPt. On the impact of the claim on future premiums. the underwriter confirmed that we are currently in a Long-Term Agreement meaning that our rates are fixed for that temi which expires in 2028 and at that point. they will review our policy and consider the claims history. Statement of Trustee responsibility Law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity's financial activities during the year and of its financial position at the end of the year. In preparing financial statements giving a true and fair view. the trustees should follow best practice and: select suitable accounting policies and then apply them consistently. observe the methods and principles in the Charities SORP. make judgements and estimates that are reasonable and prudent; state whether applicable accounting standards have been followed. subject to any material departures disclosed and explained in the financial statements., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. |Page
THE METHODIST CHURCH BARNSLEY NORTH WEST TRUSTEES, REPORT continued YEAR ENDED 31 AUGUST 2024 Statement of disclosure to Independent Examiner The Trustees certify that.. So far as we are aware, there is no relevant information of which the Independent Examiner is unaware" and As the trustees we have taken all the steps that we ought to have taken in order to make ourselves aware of any relevant information and to establish that the charity's Independent Examiner is aware of that information. The Trustees declare that they have approved the trustees. report above. Signed on behalf of the Trustees: Rev Lyn Gregg, Chair of the Trustees Date: 20 mth 2oL |Page 10
THE METHODIST CHURCH BARNSLEY NORTH WEST INDEPENDENT EXAMINER'S REPORT YEAR ENDED 31 AUGUST 2024 I report on the accounts of the charity for the year ended 31 August 2024. which are set out on pages 12 to 23. Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity s trustees consider that an audit is not required for this year under section 144 (2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to- examine the accounts under section 145 of the 2011 Act: follow the procedures laid down in the general directions given by the Charity Commissioners under section 145(5)(b) of the 2011 Act: and state whether particular matters have come to my attention. The charity's gross income exceeded £250.000 in the financial year. l am qualified to undertake the examination, being a Fellow Member of the Association of Accounting Technicians. Basis of independent examinerfs report My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts. and seeking explanations from you as 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 accounts present a 'true and fair view. and the report is limited to those matters set out in the statement below. Independent examIneS statement In connection with my examination, no material matters have come to my attention which give me cause to believe that, in any material respect: accounting records were not kept in accordance with section 130 of the Charities Act. or the accounts did not accord with the accounting records; or the accounts did not comply with the applicable requirements concerning the form and content 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 part of an independent examination. I have no concerns and I have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed.. tL LL Dated: 2010312025 Angela Hayes, FMAAT Community Accountant 22 Brocklehurst Avenue. Bamsley. South Yorkshire. S70 3EE Licensed Accountant Angela Hayes is linSl and regulated by AAT under licence numbei 1006755 |Page
THE METHODIST CHURCH BARNSLEY NORTH WEST STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 AUGUST 2024 2024 Total Funds 2023 Unrestricted Designated Restricted Funds Funds Funds Note Income Income from donations & legacies Income from charitable activities Income from fundraising activities Investment income Other income 2a 152,477 2b 84,901 2c 29,169 2d 9,362 2e 1,534 12.988 608 165,465 85,509 29,169 9,433 1,534 164,934 79,784 12,643 5,176 71 Total Income 277,443 13,667 291,110 262,537 Expenditure Expenditure on charitable activities Expenditure on raising funds 3a 258,685 3b 1,540 17.819 1.320 276,504 2,860 274,135 599 Total Expenditure 260,225 19,139 279,364 274,734 Net IncomelExpenditure Transfers & adjustments Net movement in funds 17,218 9,355 26.573 (5,472) 200 11,746 29,353 41,099 112,197) 18 20.198 (5.672) (12,197) Total funds brought forward 16117 152,473 20.231 23,711 196,415 208,612 Total funds carried forward 16117 179,046 40,429 18,039 237,514 196,415 The above results are derived from continuing activities. All gains and losses recognised in the year are included above. Prior year income includes restricted donations and legacies of £23,148. restricted income from charitable activities of £576, restricted income from fundraising of £1,230 and restricted investment income of £47. Prior year expenditure on charitable activities includes £22,917 from restricted funds. All other prior year income and expenditure is Unstricted. |Page 12
THE METHODIST CHURCH BARNSLEY NORTH WEST BALANCE SHEET AS AT 31 AUGUST 2024 2024 2023 Note Fixed assets Tangible fixed assets Investments Current assets Debtors Cash at bank and in hand Total current assets 19,640 221.785 241.425 20,388 182,211 202,599 Current liabilities Creditors amounts falling due wthin one year 3,911 6,184 Net current assets 237,514 196,415 Net assets 237,514 196,415 Funds of the charity Unrestricted funds Designated funds Restricted funds 16117 179,046 40,429 18,039 152,473 20,231 23,711 Total funds 237,514 196,415 Approved by the Trustees and signed on their behalf by: Signed.. UJ6•KÉ gi Date: 20 7025 Rev Lyn Gregg, Chair of the Trustees |Page 13
THE METHODIST CHURCH BARNSLEY NORTH WEST NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024 1. Accounting policies (a) Accounting convention The financial statements have been prepared in accordance with Accounting and Reporting by Charities - Statement of Recommended Practice applicable to chartties preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019)- (Charities SORP (FRS102)). The charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value, unless otherwise stated in the relevant accounting policy note(s). The financial statements are prepared in pounds sterfing. which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest pound. (b) Going Concern Note After reviewing the charity's forecasts and projections and its reserves, the trustees have reasonable expectation that the charity has adequate resources to continue in operation for the foreseeable future. The charity therefore continues to adopt the going cOnM basis in preparing its financial statements. (c) Incoming resources All material incoming resources have been included in the Ststement of Financial Activities when the charity is entitled to the income, when any perfornance conditions attached are met, when it is probable that the income will be received and when the amount can be measured reliably. Income from donations and legacies includes all income received by the charity that is, in substance, a gift made on a voluntary basis. Income from charitable activities includes income earned from the supply of goods or services for activities undertaken for charitable purposes. Income from other fundraising activities indudes income from fundraising and non-charitable trading activities. Investment income is eamed from holding assets for investment purposes. (d) Donated goods and services Donated facilities and services are recognised in the accounts. at the amount the charity would pay in the open market for a service equivalent to that being donated, when the charity would otherwise have purchased them and the value can be measured reliably. Donated goods for the charity's own use are recognised as income. at their fair value. The contribution of general volunteers is not recognised as income in the charity accounts. (e) Resources Expended All expenditure is included on an accruals basis and is recognised as a liability is incurred. The charity is not registered for VAT and accordingly resources expended are shown gross of irrecoverable VAT. Expenditure on charitable activities includes all costs incurred by the charity in undertaking activities that further its charitable aims, for the benefit of its beneficiaries. |Page 14
THE METHODIST CHURCH BARNSLEY NORTH WEST NOTES TO THE FINANCIAL STATEMENTS continued YEAR ENDED 31 AUGUST 2024 (fj Tangible fixed assets Tangible fixed assets, with a value over £1,000, are capitalised in the accounts of the Church and depreciated over the estimated useful life of the asset. In the year of acquisition, assets are depreciated for the full year. Equipment- 250/0 on cost Computers, IT & Media - 250/0 on cost (g) Funds Structure The charity maintains a general unrestricted fund which represents funds which are expendable at the discretion of the trustees in furtherance of the objects of the charity. Restricted funds have been provided to the charity for particular purposes and may only be spent for the purposes for which they were given. Any balance remaining outstanding on a restricted fund at the end of the year is carried forward as a balance on the fund, unless permission has been given by the funder to remove the restriction on the balan outstanding. Funds relating to capital expenditure are transferred to a designated fund against which depreciation is charged. Additional designated funds are established by the trustees, as appropriate. |Page 15
THE METHODIST CHURCH BARNSLEY NORTH WEST NOTES TO THE FINANCIAL STATEMENTS continued YEAR ENDED 31 AUGUST 2024 2. Analysis of Income 2024 Unrestricted Restricted Total Funds Funds Funds 2023 Unrestricted Restricted Total Funds Funds Funds Note 2a Incoff from Donations & Legacies Offerings, colktions & r9Jur gimng DonatiOnslap Legacies ants receId.. The National Lottery ComrrLJnity Fund BarnSY MetropcAitan Borough thncil SY Comunity Foundaton thtsjisl District Warm Spaces &ant Circuit Mssion &ants District Grants Gift Aid tax recoed Cther Ktjluntsry receipts Total 91,099 36,494 1,084 92.183 5,979 42,473 86,757 30,301 86,757 6,167 36,468 2,000 9,600 300 3,500 500 2,500 581 9,600 3CK) 3,500 5(M) 2,500 581 21,878 850 5.175 5.175 7&) 20,984 21,878 850 152,477 12,988 165,465 141,786 23,148 164,934 2b Income from Church ktivriies Lettj'ngs Bapts.SnVffldlngs Internal organisa1ions Total 83,420 1,481 83,420 1.481 78,678 530 78,678 530 576 576 84,9J1 fA)8 85,S39 79,208 576 79,784 2c Incon from Fundraising ktivities Fundraising & ets 29,169 29.169 11,413 1,230 12,643 Total 29,169 29,169 11,413 1,230 12,643 2d Income from Investments Bank interest 9,362 71 9,433 5,129 47 5,176 2e Other Incon Refund insurance Refund of contrilxjtion to pEnsion deficil 449 449 Total Total Inco 2TI,443 13,667 291,110 237,536 25,001 262,537 |Page 16
THE mHoDIST CHURCH BARNSLEY NORTH WEST NOTES TO THE FINANCIAL STATEMENTS continued YEAR ENDED 31 AUGUST 2024 3. Analysis of Expenditure 2024 Total Funds 2023 Unrestricted Designaled Restricted Funds Funds Funds Note 3a Expenditure on Charitable Activities Missionary & charitable gimng Conne>ional funds Circuit AssessnEnt ating & Lighting Insurance Water rates Repairs, nEintenance & equipnEnt Energy sur*ys Cleaning Salaries cost Eynses of rrinisty NW projects, actimt'es & ents Accountancy fee Internal organisab'ons her payrrEnts {grant mnies relurned) 714 2,422 139,680 42,773 13,601 2,703 14, 5,035 5,749 2,422 139,680 42,773 13,601 2,703 15,853 800 2,202 130.002 35.452 11.766 2,880 32,253 923 9,339 20,928 7,523 17,373 900 1.794 1,499 12,803 17,466 7,497 3,772 12,803 17,674 7,497 13,748 900 562 539 9,976 562 539 Total 258,685 17,819 276,504 274.135 3b Fundraising Costs neral fundraising expenses Africa Lova fundraing e>penses 1.540 1,320 599 1,320 Total 1,540 1,320 2,860 599 Total Expendilure 260,225 19,139 279,364 274,734 Prior year expenditure includes the following amounts tsken from restricted funds: Missionary & charitable giving - £30 Heating & lighting - £425 Repairs. maintenance & cleaning - £8.100 Energy surveys - £923 Expenses of ministry - £120 Projects, activities & events - £11,525 Internal organisation expenditure - £1,794 All other prior year expenditure is unrestricted. |Page 17
THE mHoDIST CHURCH BARNSLEY NORTH WEST NOTES TO THE FINANCIAL STATEMENTS continued YEAR ENDED 31 AUGUST 2024 4. Tangible Fixed Assets Fixtures, Fittings & Equipment Original Cost As @ 01 September 2023 Additions in the year As @ 31 August 2024 Depreciation As @ 01 September 2023 Depreciation charge As @ 31 Augusl 2024 68,827 68,827 68,827 68,827 Net Book Value As @ 01 September 2023 As @ 31 August 2024 5. Cash at bank and in hand 2024 2023 Note Cash in hand Bank Accounts Central Finance Board 36 34,566 186,617 36 23,540 157,915 Total 221.219 181,491 Add Funds held by internal organisations Less funds held on behalf of extemal organisats-ons 12 13 566 720 Total Cash Funds Held 221,785 182,211 |Page 18
THE mHoDIST CHURCH BARNSLEY NORTH WEST NOTES TO THE FINANCIAL STATEMENTS continued YEAR ENDED 31 AUGUST 2024 6. Debtors 2024 2023 Cift reCeiwde Prepayments Accrued inc0e {legacy) Hire incorrE due 9,355 10,823 6.751 2,(K)O 814 2.263 19,640 20,388 7. Creditors 2024 2023 Creditors & accruals Deferred income 2,691 1,220 5,724 460 3,911 6,184 8. Staff costs and numbers 2024 2023 Salaries Cost Employer NIC Employer Pension Contribution 16,347 20,199 233 496 541 17,674 20,928 Average number of employees 9. Trustees, remuneration, benefits and expenses Other than reimbursement of items purchased on behalf of the Church, there was no remuneration, expenses or benefits made to trustees during this or the previous accounting period. 10. Related party transactions During the year the charity incurred assessment costs. payable to Barnsley Methodist Circuit, to a total of £139.680 (2023: £130.002). Methodist Church Bamsley North West received Mission grants from Barnsley Methodist Circuit, to the total value of £750 (2023: grants to the value of £2,500 were received). Barnsley Methodist Circuit also contributed £900 to cover the cost of the Accountancy & Independent Examination Fee (2023: £900). There were no other transactions with any person or party closely related to a trustee, during this or the previous financial period. |Page 19
THE mHoDIST CHURCH BARNSLEY NORTH WEST NOTES TO THE FINANCIAL STATEMENTS continued YEAR ENDED 31 AUGUST 2024 11.Land & buildings Church buildings are the property of the Methodist Church and are not recognised in the accounts of the Methodist Church Bamsley North West. 12. Funds held by internal organisations Opening Balance Closing Balance Receipts Payments Buckley Ladies Group Buckley Sunday School Dodworth Fellowship 700 269 31 295 (252) 743 269 34 313 1310) {562) Total 1,000 608 1,046 Internal organisations are groups that are part of the Church and report to the Trustees. The transactions are included in the accounts of the Methodist Church Barnsley North West and are recorded as restricted funds. £480 of the Buckley Ladies group fund is held in the North West Current Account. 13. Funds held as custodian trustee 3110812024 3110812023 Balance brought forward OfferingslGifts received for extemal organisations OfferingslGifts passed on to extemal organisations 935 6,459 (7,394) 6.366 (6,366) Balance carried forward Funds received through offerings and gifts collected on the behalf of external organisations. The income does not belong to the Church and therefore is not included in the Statement of Financial Activities. 14. Contingent Liability At the financial year end, there was an ongoing dispute with a fonner employee in respect of pension contributions that could result in a possible liability in future years. At the balance sheet date. it is impracticable to estimate the financial effect of this issue. |Page 20
THE METHODIST CHURCH BARNSLEY NORTH WEST NOTES TO THE FINANCIAL STATEMENTS continued YEAR ENDED 31 AUGUST 2024 15.Analysis of assets between funds Unrestricled Funds Designated Funds Restricted Funds Total 3110812024 Tangible Fixed Assets Investments Current Assets Cuent Liabilities 182.957 (3,911) 40.429 18.039 241,425 (3,911) 179,046 40,429 18,039 237,514 3110812023 Tangible Fixed Assets Investments Current Assets Cuent Liabilities 158.657 (6,184) 20,231 23,711 202,599 (6,184) 152,473 20.231 23,711 196,415 16. Unrestricted funds Opening Balance Closing Balance Incowe Expenditure Transfers General Reserve Fund: Buckley Chapel Dodworth Chapel Emmanuel Church 21.308 21.492 165,460 36.297 (15.966) (20,437) (163,480) (34.753) (15,801) (7,007) (2.781) 14.802 11,097 108,968 11,022 15,791 11,729 5.637 20,231 20,198 10,042 1,988 9,478 Kexborough Chapel Higham Chapel Silkstone Common Chapel NW Church General fijnd 22,437 9,529 920 9,155 9.207 7.298 20,231 200 Designated PrortY Fund (EK) Designated PrortY Fund (Higham) 20,198 TOTAL 172.704 (260,225) 29,553 219,475 |Page 21
THE METHODIST CHURCH BARNSLEY NORTH WEST NOTES TO THE FINANCIAL STATEMENTS continued YEAR ENDED 31 AUGUST 2024 17. Restricted funds Opening Balance Closing Balance Income Expenditure Transfers Internal Organisations (see note 12) 1.000 608 {562) 1,046 North West Mission Mission Grant- Get ready for Summer BMBC - Ecofest 250 {187) {208) 63 1,309 1,101 Buckle Cha el- Buckley Chapel Legacies Mission Grant - Lighting Mission Grant- Eco-Efficiency BMBC 9,780 500 9,780 {500) (15) {400) {304) 15 400 BMBC 400 96 Bens Big Trim Fundraiser 721 721 Kexborou hcha el.. Kexborough Restiicted Fund Mission Grant- Eco-Efficiency Mission Grant- New Cooker 500 500 24 {24) {500) {999) 500 Defibrillator Donations 1,136 137 Dodworth Cha BMBC- Children's Work Grant 121 121 BMBC- Holiday Club BMBC 1,200 380 (1.050) {380) 150 Emmanuel Church.. Habitat for Humanity Fund (HfH) Africa with Love (AWL} National Lottery Community Fund Mission Grant - Toddlers 1,363 71 1,434 1,124 5.979 (4.655) 16,401) {500) {500) {2001 6,401 500 Mission Grant- Messy Church Methodist Women- Oasis Dementia Café 500 719 719 BMBC- Toddlers 536 {254) {950) {750) 282 BMBC Grant- AWL 950 Restricted Donations (Coffee Morning) 431 1,084 765 TOTAL 23,711 13,667 (19,1391 {200) 18,039 |Page 22
THE METHODIST CHURCH BARNSLEY NORTH WEST NOTES TO THE FINANCIAL STATEMENTS continued YEAR ENDED 31 AUGUST 2024 18.Transfers & Adjustments Designated Property Fund General Fund AWL Fund TOTAL Transfers-in, Higham Melhodist Church Donations 9.155 2CM) 20,198 29,353 1200) TOTAL 9,355 20,198 {200) 29,353 |Page 23