2020-08-31-accounts

Reference and Administrative Details	Reference and Administrative Details	I to2
Tmstees' Report		3 to 8
Statement ofTrustees'	Responsibilities
Independent Examiner's	Report	IO
Statenrent ofFinancial	Activities
Balance Sheet		12
Notes to the Financial	Statements	13to 24

				Methodist Central Hall, Manchester	Methodist Central Hall, Manchester	Methodist Central Hall, Manchester
				Reference and Administrative		Details
Trustees				Karen Attaway
				Laura Carnal 1
				Rodney Hill
				David Millington
				Malcohn Penmen,	(appointed	20 Januaty	2021)
				David Pickles
				lan Rutherford
				Roy Swanston
				David Westhead
				Caroline Wickens
				Louise Wilkins
Senior Management			Team	Tim Willis, Building Manager
Priucipal	Office			Central Buildings
				Oldham Street
				Manchester
				Ml JJQ
Charity Registration			Number	1137980
Solicitoin				BLMLaw
				King's House
				42 King Street West
				Manchester
				M3 2NU
Baukera				HSBCBank pic
				2-4 StAnn's Square
				Manchester
				M2 7HD
				Unity Trust Bank	Pic
				PO Box7193
				Planetary Road
				Willenhall
				WVJ 9DG
lnvestuient		Managers		Central Finance Board ofthe		Methodist	Church
				9Bonhill Street
				London
				EC2A 4PE
Independeut		Examiuer		Andrew JMcLaren FCA
				Beever and Struthers
				St George's House
				215-219Chester Road
				Manchester
				M15 4JE

				Unrestricted	Total
				funds	2020
			Note
Iucome and Endowments		from:
Donations and legacies				22,591	22,591
Charitable activities				58,273	58,273
Other trading activities				310,912	310,912
Investment income				9,]87	9,187
Total Income				400,963	400,963
Expenditure on:
Raising funds Charitable activities				(172,873) (172,4373	(172,873) ~172,457
Total Expenditure				345,330	345,330
Gains/(losses) on investment		assets		(7,261	7,261)
Net movement in funds				48,372	48,372
Reconciliation offunds
Total funds brought	forward			2,759,841	2,759,841
Total funds carried	forward			2,808,213	2,808,213
				Unrestricted	Total
				funds	2019
			Note
Income and Endowments		from.'
Charitable activities				55,128	55,128
Other trading activities				410,323	410,323
Investment income				12,284	12,284
Total Income				477,735	477,735
Expenditure on:
Raising funds Charitable activities				(184,383) ~(231,823	(184,383) ~23(,823
Total Expenditure				~416,236	~(416,236
Gains/losses on investment		assets		6,063	6,063
Net movement in funds				67,592	67,592
Reconciliation offunds
Total funds brought	forward			2,692,249	2,692,249
Total funds carried	forward		15	2,759,841	2,759,841

			2020	2019
		Note
Pised esscta
Tangible assets fnvcutInente		10 1I	294,180 2443,514	300,116 ~44 547
			2737694	2,742,663
Current assets
Debtors
Cash at bank and in band		12	39,012 151,847	48,978 126853
Creditors2 Amoants	falllag dne within one year	13	190,859 ~74,090	175,831 ~I)3,403
Net current assets			116769	63420
Total assets lem current liabilities Creditors: Amotmts falling due after more than one year		14	2,854,463 ~4,250)	2,806,091 46250
Net assets			~200 13	2759841
trends ofthe charity:
Unrestricted lacome	toads
Unrestricted funds			2803213	2759841
Total funds		11	2.8080)3	2.759 841

2	Income fra	m dona	ti	ons a	nd legaci	es
							Unrestricted
							funds
								Total	Total
							General	2020	2019
Grants;
	Coronavirus	Job Retention			Scheme		22,591	22,591
							22,591	22,591
3	Income fraus charitable				activities
							Unrestricted
							funds
								Total	Total
							General	2020	2019
								f.
	TMCP contribution and related expenses		towards		staKng,	accommodation	53,273	53,273	55,128
4	Income fram other			trading activities
							Unresnncted
							funds
								Total	Total
							General	2020	2019
Room hire							121,897	121,897	213,364
Rental income							186,084	186,084	189,839
Refresluuents		sc sundry		income			2,931	2,931	7, 120
							310,912	310,912	410,323

Investment income
	Unrestricted
	funds
		Total	Total
	Geueral	2020	2019
Dividends	8,141	8,141	11,330
Interest	1,046	1,046	954
	9,187	9,187	12,284

6 Expenditure on raising funds
	Unrestricted
	Funds	Total	Total
	General	2020	2019
Property costs	15,259	15,259	20,992
Staff costs	79,749	79,749	77,788
Depreciation	4,916	4,916	7,732
Other expenditure	71,992	71,992	77,871
	171,916	171,916	184,383

7 Expe	ndit	ure on c	harita	ble activities
					Unrestricted
					funds
						Total	Total
					General	2020	2019
							8
Nexus							1,250
Property	costs				64,854	64,854	82,838
Staffcosts					92,435	92,435	132,449
Depreciation					8,968	8,968	14,106
Governance		costs			1,200	1,200	1,180
					167,457	167,457	231,823
8 Net	incoming/outgoing			resources
Net incoming/outgoing			resources for the year include:

			2020f	2019
Independent	examiner's	fees	1,200	1,180
Depreciation	offixed assets		13,884	21,838

The aggregate payr	oll costs were as follows:
		2020	2019
Staff costs during	the year were:
Wages and salaries		152,330	185,475
Social security costs		9,516	11,479
Pension costs		10,339	13,283
		172,185	210,237

The average nuniber of staff was as follows;
	2020		2019
	Average		Average
	number		number
Staff		10		11

10 Tangible fixed assets
	Land and	Iiurniture and	Plant &
	buildings	equipment f	machinery	Total
Cost
At 1 September 2019	253,000	147,905	652,116	1,053,021
Additions Disposals		1,335 ~000	6,613 ~278	7,948 ~778
At 31August 2020	253,000	148,740	658,451	],060,191
Depreciation
At 1 September 2019	8,430	111,164	633,311	752,905
Charge for the year Eliminated on disposals	1,686	8,565 ~700	3,633 ~278	13,884 ~778
At 31 August 2020	10,116	119,229	636,666	766,011
Net book value
At 31August 2020	242,884	29,511	21,785	294,180
At 31August 2019	244,570	36,741	18,805	300,116

11 Fixed asset inveshnents
	2020	2019
Investment properties	1,912,000	1,912,000
Other investments	531,514	530,547
	2,443,514	2,442,547
Iuvestmeut properties
		Investmeut
		properties
Cost or Valuation
At I September 2019		1,912,000
Provision
At 31August 2020
Net book value
At 31August 2020		1,912,tltl0
At 31 August 2019		1,912,000
Other investmeuts
		Other
		mvestments
Cost or Valuation
At I September 2019		530,547
Revaluation		967
At 31August 2020		531,514
Net book value
At 31August 2020		531,514
At 31August 2019		530,547

12 Debtors
				2020	2019
Prepayments				25,028	24,136
Accrued incense				13,984	24,842
				39,012	48,978
13 Creditors: amounts		falling due within	one year
				2020f	2019
Grants payable				30,000	30,000
Creditors &accruals				37,263	74,426
Income in advance				6,827	7,977
				74,090	112,403
14 Creditom:	amouuts	falling due after	one year
				2020	2019
					g
Grants payable				46,250	46,250

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			Unrestricted
			funds
			General	Total funds
Tangible	fixed	assets	294,180	294,180
Fixed asset investmeuts			2,443,514	2,443,514
Current	assets		190,859	190,859
Current Creditors	liabilities over I year		(74,090) ~46,260	(74,090) ~(46,250
Total net assets			2,808,213	2,808,213