SECTIOY A Rtference gnd Adminislralive Details Th¢ name of the charity is Penn Free Meihodist Church and our charity no. is 1138169. "I'he Chaimian of the Tnlstees is P&slor Peler Simp50n of Chapel Cottage, Church Road, Penn Bucks, HPIO 8NU. During the year tlie oihcr serving irusie¢ w&$ Mr Ken Luff, with Rev. Richard Mortimer being appointed on lebruary l IE 2023. SECI"IOYI B Slructure, Governance and Management The Irusiees administcr Pcnn Free Mcthodisi Church according io the TnLSt Dced dated 4th August 2009. The In￿le¢S are appoinlcd by ihc church members. usually, though not ne¢cssarily, from outside of the body of the members. They are appointed on the basis of their bcing appropriaiely qualified io further the aims of ihe church &% ouilined in the trust deed. They lake on th¢ rcsponsibility of r)nanCI￿ oversighi and also ensure that the church operates according to the lern]s of (he charity's governing document. Trustees hold offJc¢ until such tin)¢ as they r¢51￿) or retire. SECTlOh' C Objtets and Activities The church's objeLlives are the advancement of the chris114￿ religion in accorddnce wilh the docirinal stalement in the church's governing document. The church's activities. in consequence of this objective. are pastoral work wiihin the congregation, and Chrislian ministry and evangclistic work within the wider community, including ministry io chilthen and young people. SECTION D Achievement5 and P¢rforminc¢ Throughout the pasi year the Church h&s continued a visible Christian witness (o the local Community and fi￿her afiel( and has also spoken out on national issues relevant lo the upholding of a biblical Christian vielwinl. We are thankful to God for supplying our needs and for s￿stainIng our Gospel iestimony through another year. SECTION E Financial Review The charity's accounts are prepared on a receipts and payments b&8is. and are scrntinised by a qualified independent examiner. Mr. R. Marshall. Principal fi￿dIng sources are thc donaiions of church members. the donations of church allendees and the donalions of other frien￿5 of the church. The main items of expenditure are the Minisler's salary and Property light and heal and mainlenance. C&8h in hand .. The ¢urrenl accouni ai 31103123 slands at £13,892.51: the deposit account at £22,045.60. Therefore total cash ai 31103123 equals £35,901.64. representing a rise on the cvious year £11,250.02. Cash balances held at the end of the year are retained to finance everyday expenses in the rtherance of the church's nO￿nal work and io fund property maintenance. PFMC . ANNUAL REPORT OFTHE TRUSTEES FOR YEAR ENDING 31-03-23 Financial expenditure decisions are made by the church members, meeting, whilst the tNstees maintain a general overSi￿t and play an important advisory role, ensuring that th¢ church's financial position remains stabl¢. The charity holds no funds on behalf of others. SECTION F Public Benefit Statement The Charity Commission website states that a charity has to conform to the public benefit requirement of the Charities Act 2011. Directly quoting from the website, "The public benefit requirement has two aspccts.. The 'benefit aspect. To satisfy this aspect.. a) a Purpose must be beneficial - this must be in a way that is identifiable and capable of being proved by evidence where necessary and which is not based on personal views b) any detriment or ham] that results from the purpose (to people, property or th¢ environment) must not outweigh the benefit - this is also b&sed on evidence and not on peisonal vi¢ws The 'public aspect. To satisfy this aspect the purpose must: a) benefit thc public in gcneral, or a sufficient scction of the public what is a 'sufficient As¢ction of the public, vari¢s from purpose to purpose b) not give rise to more than incid¢nial personal benefjt personal b¢nefit is 'incidental' wher¢ (having regard both to its nature and to its amounl) it is a necessary result or by- product of carrying out the purpose c) In general, for a purpose to be a charitable purpose it must satisfy both the benefit and the public aspects. However, charities for the relief (and in some cases the prevention) of poverty need only satisfy the benefit aspect" (end quote). The trustees confirni that they have complied with iheir duty to have a due Tegatd to the guidance on public benefit, published by the charity commission in exeicising their powers or duties, and they consider that the public proclatnation of the Christian Gospel by Penn Free Methodist Church amply fulfils the statutory public benefit requirement. Section G Declaration The trustees declare that they have approved the trustees report above. Signed by Chainnan on behalf of all trustees Signed (date) 21 SIMPSON, CHAIRMAN PASTOR PETE 1 of 2 2 of 2 Independent examinerfs report to the trustees of Penn Free Methodlst Church ("the charl￿, Number 1138169) I report on the accounts of the charity for the year ended 31 March 2023 as set out on pages l and 2. Respective responslbllities of trustees and examiner The charivs trustees are responsible for the preparation of the accounts. The charitvs trustees tOh&idet that an atsdit is hot tÈoulred for thls year Undèt sectiorl 144 of the Charities Act 2011 ("the Charities Acv) and that an independent examination is needed. It is my responsibility to: examine the accounts under section 145 of the Charities Act to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the Charities Act to state whether particular matters have come to my attention. Basis of independent examinerfs statement My Examination wa5 carried out in accordante with the general DirettiDll5 given by thè 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 item5 or di5t105ures in the account5, and Seeking explanations from you a5 trustee5 CDnterning any suth 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 next statement. Independent examlnerfs statement In connection with my examination, no matter has come to my attention: (l) which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with section 130 of the Charities Act and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. R J Marshall Date