ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2025
ASKEW ROAD CHURCH (METHODIST/UNITED REFORMED)
CHARITY REGISTRATION NUMBER 1140056
Independent Examiners Ltd The Grain Store Hills Barns Appledram Lane South Chichester, West Sussex PO20 7EG
ASKEW ROAD CHURCH (METHODIST/UNITED REFORMED)
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025
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Page
Legal and Administrative Information 3
Trustees' Report 4 to 7
Independent Examiner's Report on the Accounts 7
Statement of Receipts and Payments 8
Statement of Assets and Liabilities 9
Notes to the Accounts 10 to 11
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ASKEW ROAD CHURCH (METHODIST/UNITED REFORMED)
FOR THE YEAR ENDED 31ST AUGUST 2025 LEGAL AND ADMINISTRATIVE INFORMATION
CHARITY NUMBER
1140056
START OF FINANCIAL YEAR 1st September 2024 END OF FINANCIAL YEAR 31st August 2025 TRUSTEES AT 31 AUGUST 2025 REV. VIDA FODAY - Chair of Trustees MR. OKIEMUTE AKPOGHENETA MR. ROBERT THOMAS SWAN CORBETT MRS. HAROLDA WILLIAMS-BABIN MRS. ESTHER OLAWUNMI FATOGUN MS. GERTIE BARKER MS. CAROLINE AKINYELE MR. DANIEL AGGREY MR. N. COTTERELL - Deceased on 22.04.2025 MR. L. FATOGUN MRS. CHRISTINA AKINYELE MRS. ANA BAKER MS. MATILDA CLELAND MRS. SEYE AINA MR. TERANCE ROGERS MRS. E. FATOGUN - TREASURER MISS C BROWN MBE - SECRETARY
The existing trustees appoint any new trustees following the provisions laid out in the Charity's governing instrument.
GOVERNING INSTRUMENT Deed of Union (1932) and Methodist Church Act (1976) REGISTRATION DATE 26 January 2011: Previously excepted registration OBJECTS
a) The purpose of the Charity is to advance the Christian faith in the Area of Benefit in accordance with the principles and practices of the Participating Churches. In achieving its purpose, the Charity will engage in a range of activities, either on its own or with others, including (but not restricted to):
a) the celebration of public worship;
b) the teaching of the Christian faith;
- c) mission and evangelism;
d) pastoral work, including visiting the sick and the bereaved;
e) the provision of facilities with a Christian ethos for the local community, including (but not restricted to) the elderly, the young and other groups with special needs; and
f) the support of other charities in the UK and overseas.
CORRESPONDENCE ADDRESS 1 Bassein Park Road London W12 9RN PRIMARY BANKERS NatWest Bank plc Ealing B Branch 1 The Hall Ealing London W5 2PL INDEPENDENT EXAMINER Zita Derbak Independent Examiners Ltd The Grain Store Hills Barns Appledram Lane South Chichester, West Sussex PO20 7EG
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ASKEW ROAD CHURCH (METHODIST/UNITED REFORMED)
TRUSTEE'S REPORT FOR THE YEAR ENDED 31ST AUGUST 2025
The Church Council presents its report and independently examined financial statements for the year ended 31 August 2025.
Reference and Administrative Information:
Address: Corner of Bassein Park Road and Askew Road, Shepherds Bush, London, W12 9RN. Telephone: 020 8740 5193
Part of the Methodist Circuit of Chelsea, Hammersmith & Fulham, London District and the Thames North Synod of the United Reformed Church.
Askew Road Church is a registered Charity (number 1140056). Minister: Revd. Dr Deji Okegbile (until end August 2024)
Church Council – Trustees : Revd. V. Foday Chairman Miss C. Brown MBE Secretary Mrs. E. Fatogun Treasurer Mr. D. Aggrey Mrs. S. Aina Mrs. C. Akinyele Miss C. Akinyele Mr. O. Akpogheneta Mrs. H. Williams-Babin Mrs. A, Baker Ms G. Barker Mrs. M. Cleland Mr. T. Corbett Mr. N. Cotterell - Deceased on 22.04.2025 Mr. L. Fatogun Mr. T. Rogers
Structure, Governance and Management:
Askew Road Church is a Local Ecumenical Partnership (LEP) between the Methodist Church in Great Britain and the United Reformed Church, formed in 1972 by the joining of Askew Road Methodist Church and Shepherd’s Bush United Reformed Church (formerly Oaklands Congregational Church).
Appointment of the Church Council:
The members of the Church Council are also charity trustees for the purposes of congregation to serve for a period of three years after which they must be re-elected charity law. The members of the Church Council are elected by the members of the at the next Annual General Meeting. The Minister is the Chairman of the Church Council.
Objectives and Activities:
Our mission is a worship of God through Jesus Christ by responding to His love, by teaching, preaching and prayer. Our aim is the spiritual revival of the Church as a whole and the spiritual growth of individuals within it through: Bible Study and prayer; Evangelism and witness; Engaging with our neighbours and the local community.
We commit to building strong relationships with other Christian denominations and to supporting the work of the wider Church for peace, justice and engaging in dialogue with other faiths.
Current activities include regular Sunday morning worship at 11am every week including Sunday school; regular Bible study, and prayer meetings. Since March 2020 the services have been held on zoom.
Achievements:
We have a vibrant youth ministry.
The Church building is in use by other organizations and groups in our local community who need space for private celebrations and other functions.
We continue to support children in the UK by raising funds for Action for Children and needy people through Harvest gifts to the local food bank.
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ASKEW ROAD CHURCH (METHODIST/UNITED REFORMED)
TRUSTEE'S REPORT (continued) FOR THE YEAR ENDED 31ST AUGUST 2025
Work on the Church Building:
Essential renewal, repairs and maintenance works were carried out on the building, amounting to £10,615. This includes the renewal and installation of a new camera to replace the old one that was no longer fit for purposes.
Financial Review:
The year ending 31 August 2025 resulted in a deficit of £927. This is a small loss in comparison to the previous financial year.
The Quinquennial inspection carried out this year, which highlighted minor and major works required to be done in the church building. These repairs will be carried out, and the expenses will be incurred in the next financial year.
The income from lettings amounted to £28,628 as compared with £26,085 last year. This increase has been mainly due to a slight increase in one-off hiring.
Offering and Collections has increased from £14,990 last year to £18,837 this year, this can be attributed to a slight increase in the number of regular worshipers.
We have throughout the year been able to maintain all our commitments, i.e., our contributions towards the URC Mission and Ministry fund, which has been increased by 75%, from £119 monthly to £208 per month from January 2025, and the Methodist Circuit Assessment contribution, which has not changed.
Also, we have been able to cover all overheads, such as electricity, gas, etc. Our energy bills slightly increased alongside other running costs mainly due to the increase in tariffs.
Church Building:
In accordance with the requirements of the Charity Commission, the Church building is included in the accounts. The church building is valued this year by the insurer (Methodist Insurance) at £ 6,178,799.00. However, the church building is not a church asset. It is vested in the Methodist Circuit of Chelsea, Hammersmith & Fulham Trust. It is held for the benefit of Askew Road Church in accordance with the statutory trusts applicable to Methodist properties under the Methodist Acts. There is a Sharing Agreement with the United Reformed Church.
Investment Policy:
Funds that are not required for the running of the Church are invested in a deposit account.
Unrestricted Funds
The Church policy is to retain around six months’ expenditure as “free reserve” to meet future shortfalls in income or unexpected expenses. The balance as of 31 August 2025 (£9,583) represents two months of budgeted expenditure for the year ending 31 August 2025.
Payments to Trustees:
None of the Trustees or persons connected with them received any remuneration, or any other benefits from the Church or any connected organisation because of their office during the year ended 31st August 2025. In addition, no material transaction took place between the organisation and a trustee or any person connected with them.
Responsibilities of the Church Council:
The Church Council is required to prepare financial statements for each financial year, which give a true and fair view of the state of the affairs of the church as at the balance sheet date and of its incoming resources and application of resources, including receipts & payments, for the financial year. In preparing those financial statements, the Church Council should follow best practice and: financial statements, the Church Council should follow best practice and:
• Select suitable accounting policies and then apply them consistently.
- Make judgments and estimates that are reasonable and prudent; and
• Prepare the financial statements on the going concern basis unless it is inappropriate to assume that the church will continue on that basis.
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ASKEW ROAD CHURCH (METHODISTIUNITED REFORMEDI TRUSTEE'S RepoRT (¢oiitsnued) FOR THE YEAR ENDED 31ST AUGUST 2025 R•sponfblliti•s of the Chur< Councll {contlnu•d): The Churth Council is responslble for maintalnlng proper ac¢y)ullUng vecords whlth dlsdose wlth reasonable acoJracy at any time the finanoal positlon of the church and to enabte th kn ensure th the fInaral statrIents eornply with the church and to enable them to ensure that the financial statement5 cornply with the WU1ments of the parent churches and hence or the (hantsE5 Commission. The Church Cnl is abo rBsponsiNe for safeguarting the assets of the church. The Churth Council lthe Tfustees) have every conndeno that the charity will Its finandal obltr9atSons becorne due. Thls rport and financial 5tstement5 have been prepared In accordan wth the Consbtuyon. Prbttice and Dl%lpllne of the Methodist ConnectKn in Great Britaln ond United Retorned Churrh Bosis of ljnioo Att$ 1972, 1981 and 20DO. Except ¥whe stated they c¢nforrn to rhe ststement of Aecommentled Pratti¢e.' AccouDtlng and Reporting by Charit5 Iisstsod in March 20051. Golng Concern The Church Counrjl (the Tr$} have every confidere th)t the wlll meet Its flnandal obllgat10Tr5 when they become due. Publlc Bneltt.. The Church Coundl (the Trtee$> conflrm thot they have referred to the guldance contsine¢ In the ChaAty Comm1551on General Guléance ofi publK teneht when reviewing the aims and objectives and In planttln9 fLSture actlvltles. Ind•p•ndeAt Ex•MIn.. Zita D•rbak of IndèpendeTrt Examlners Ltd was Js the ehurth's Independent Examlnerfor the oJrrent year. Trurt•q•' R9091b11fjt1aO The Charlties Act 2011 fEqyires the trustees to prepare finont3•1 ststemeftts for each flnjncial ye•r wh¢ch Serts a true and lalr vlew of the 5tste of affasrs of the Ch•rfty ond cl the surplus of the Chadty for that perlod. Ir prepadng th¢se flnanclal siatemertts the irustees a requlfed to" 11 Select sultable acmunbng pollties and èppty them con$istentfy. 111 Make Judgements estlmate5 that are reasLwwble Jrtd prudefiL 1111 Prepore flnanc141 statements ¢n the tsncorn b•$ unless It IpPrcYfia¢¢ to presume Ihèt the trust wlll conts'nue In exlstence. The Trustees are fe5pOrtsoI¢ for k•eplng proper accfjuntin4 recovds. whth dsd4Jse wlth oasortable accuraty at any time the flnancial posityon of the Charity. They are also responsible for 5aleguèrdtng the assets of the Chadty and hence for taking reèsonablt steps for the prevention and detectyon of fraud and other Irregulanbes. I approve the èttxhed statement of fb001 ar bala¢ theet •nd thot I have made avallable all Information necessbry fDr Its weparatyon. Approved ty the Trustee5 on. Slgned thar beh•ll ty Trustee..... Prfnted Narne.. cKoL4fvJ
ASKEW ROAD CHURCH (METHODIST/UNITED REFORMED)
INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS
FOR THE YEAR ENDED 31ST AUGUST 2025
Report to the trustees/ members of Askew Road Church (Methodist/United Reformed) on the accounts for the year ended 31st August 2025 set out on page 8 to 11.
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 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts under section 145 of the Charities Act,
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to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
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to state whether particular matters have come to my attention.
Basis of independent examiner’s statement
My examination was carried out in accordance with 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 the 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 examiner's statement
In connection with my examination, no matter has come to my attention
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which gives me reasonable cause to believe that in, any material respect, the requirements:
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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
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Zita Derbak MAAT AATQB Sign: Independent Examiners Ltd The Grain Store Hills Barns Appledram Lane South Date: 10.03.2026 Chichester, West Sussex PO20 7EG
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ASKEW ROAD CHURCH (METHODIST/UNITED REFORMED)
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST AUGUST 2025
| Notes RECEIPTS Donations & Legacies 3a Investment Income 3b Charitable Activities 3c TOTAL RECEIPTS PAYMENTS Costs of Charitable Activities 4 NET INCOMING/(OUTGOING) RESOURCES CASH FUNDS LAST YEAR END CASH FUNDS THIS YEAR END NET MOVEMENT IN FUNDS TOTAL RESOURCES EXPENDED TRANSFERS BETWEEN FUNDS |
Unrestricted Restricted Designated Total Total Funds Funds Funds 31-Aug-25 31-Aug-24 £ £ £ £ 51,608 - - 51,608 68,984 182 - - 182 354 - - 111 111 840 51,790 - 111 51,901 70,177 52,717 - 111 52,828 76,771 52,717 - 111 52,828 76,771 (927) - - (927) (6,594) - - - - - (927) - - (927) (6,594) 9,400 - 1,110 10,510 17,105 8,473 - 1,110 9,583 10,510 |
|---|---|
All of the Charity's operations are classed as continuing operations.
The notes form part of these financial statements, found on pages:-10 to 11
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ASKEW ROAD CHURCH (MEfHODIST/UNrrED REFORMED) STATEMENT OF ASSETS AIID LIABILrriES FOR THE YEAR ENDED 31ST AUGUST 2025 Unrestrirted Fun Restrfcted Fund DeSIated Fund Total Total 31-Au9-35 31-Aug-24 C••h Funds.. Bank Current Account Dewsit accountl8u5iness Reserye Totsl Caah Fund¥ Joo 8.373 loo 14641 10,974 i.lio 9,483 Represented by: General Fund5 Restrlcted Funds Desionared Funds 8,473 8,473 I,iio I.ILo AM•ts V•t*[n for th• Ch•rfty'• u¥e'. Glft Aid 4nd Tax recoyerabie Inv8Strn¢ftt5 at rnarket valu• COIF Dep Fun¢s 1.903 90.091 26,512 118 506 1,903 90,091 26.512 118 500 2.216 91.534 22.723 1164Y2 LIA8ILITIES Independent Examine$ Fee 996 990 946 948 990 Chèrlty Law requlres the Trustees to prwre fiftan¢iJl statemeTrts for eath ftnanclal yur whlth comply with the regulètlon$ Set ovt In the Chantyes Act 2011. The Tiustee5 have elected to take advantage of the prov1510ns thai apply to small charities an¢ have prepared a Recelpts and Paymerts Account ènd Statement of Assrfs ana Uabllitye$ which are set out on pagÈ$ 8 and 9. Approved by th• Trust•s on .. Signed on the¢r behalf ty Trustee ........ . .. . ................. Prfnted Name..
ASKEW ROAD CHURCH (METHODIST/UNITED REFORMED)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST AUGUST 2025
1. ACCOUNTING POLICIES
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year.
Basis of preparation:
The accounts have been prepared under the “Receipts and Payments” basis as prescribed by the Charity Commissioners, and they meet the appropriate legal requirements.
Fund Accounting
Funds held by the charity are either:
1. Unrestricted funds
These are funds which can be used in accordance with the charity's objectives, at the discretion of the trustees.
2. Restricted funds
These are funds that can only be used for particular restricted purposes within the objects of the charity.
3. Designated funds
These funds are funds set aside by the trustees out of unrestricted general funds for specific purposes or projects. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
| 2. Receipts Note Other Income c) Activities for Generating Funds Total Receipts 3. PAYMENTS Note Total Payments Church running costs:- Insurance for Manse Governance costs:- Independent Examiner's Fees Benevolent Giving/Action for Children Sundry costs Purchase of Equipment/Furnishings Licences, Music & Website Cleaning Church supplies & catering Fund raising Interest Received a) Donations & Legacies Gas & Electricity Youth activities and Sunday School Maintenance of church buildings Insurance Water Rates/ Refuse Telephone Stationery & Photocopying Circuit Assessment ( Methodist) b) Investment Income Offerings and Donations Gift Aid GADS tax repayments Circuit Refund re: Manse Lettings Grant - URC Maintenance of Ministry (URC) Charitable Activities:- |
Unrestricted Restricted Designated Total Total Funds Funds Funds 31-Aug-25 31-Aug-24 18,837 - - 18,837 14,990 4,143 - - 4,143 2,037 - - - - 772 28,628 - - 28,628 26,085 - - - - 25,000 - - - 51,608 - - 51,608 68,884 182 - - 182 354 182 - - 182 354 - - 111 111 840 - - 111 111 840 51,790 - 111 51,901 70,077 Unrestricted Restricted Designated Total Total Funds Funds Funds 31-Aug-25 31-Aug-24 £ £ £ £ 2,140 - - 2,140 1,256 9,329 - - 9,329 9,330 15,692 - - 15,692 15,236 6,235 - - 6,235 6,041 1,770 - - 1,770 1,258 2,016 - - 2,016 1,636 177 - - 177 - 200 - - 200 - 2,570 - - 2,570 240 368 - - 368 244 - - - - 550 657 - - 657 1,468 - - - - 78 10,615 - - 10,615 37,206 - - 111 111 551 - - - - 778 948 - - 948 900 52,717 - 111 52,828 76,771 |
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This page does not form part of the statutory financial statements
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ASKEW ROAD CHURCH (METHODIST/UNITED REFORMED)
NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31ST AUGUST 2025
4. RESTRICTED FUNDS
The Charity held no Restricted Funds during this or the previous financial period.
5. DESIGNATED FUNDS
| CURRENT FINANCIAL YEAR PREVIOUS FINANCIAL YEAR Total General Funds Total Designated Funds General Funds Benevolence Gospel Choir & Evangelsim Total General Funds General Funds Total Designated Funds Benevolence Gospel Choir & Evangelsim Methodist Circuit Refund |
Balance Balance 01-Sep-24 Income Expenditure Transfer 31-Aug-25 £ £ £ £ £ 110 111 (111) - 110 1,000 - - - 1,000 1,110 111 (111) - 1,110 15,995 51,790 (52,717) - 15,068 17,105 52,012 (52,939) - 16,178 Balance Balance 01-Sep-23 Income Expenditure Transfer 31-Aug-24 £ £ £ £ £ 110 - - - 110 1,000 - - - 1,000 - - - - - 1,110 - - - 1,110 15,995 70,177 (76,771) - 9,400 17,105 70,177 (76,771) - 10,510 |
|---|---|
6. STAFF COSTS AND NUMBERS
The Charity employed no members of staff during this or the previous financial period.
7. TRUSTEES AND OTHER RELATED PARTIES
No payments were made to trustees or any persons connected with them during this financial period. No material transaction took place between the organisation and a trustee or any person connected with them. '2023/24 - None)
8. RISK ASSESSMENT
The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.
9. RESERVES POLICY
The Trustees have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The Trustees aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The trustees will endeavour not to set aside funds unnecessarily.
10. PUBLIC BENEFIT
The Charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.
This page does not form part of the statutory financial statements
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