Chatlry Tegi$ti*ion number. 1141130 Burslem Methodist Mission (Swan Bank) AMIu￿ R¢port and Financial st8te1ll￿ts forth¢ Year Ended 31 August 2024 Burskm Methodi8t M&55ion (STrYan Bank) Contents {eonlillued} Reference and Admiwtrative D&ai15 Ito2 Tntstees, Report 3to6 tndependent Examinerfy Report Statement OfFtnanCA￿ Activities Bal&ll￿ Sheet Note8 to the Finaneial Ststements IOto22 Burslem Methodist Mission (Swan Bank) Reference and Administrative Detsils Tru8tee8 Rev K8thryn Stephens Stephen Adams Howard Dobson Sarah Dobson Susan Sitncoe MatthewNixo Janet Bagn8U Lauren Brabbs Nigel Johnson Rita Taylor Stewart Chapman Alan Taylor Jonathatj Boult Thomas Hail Rev Ruth Jeffties R¢v William Wakelill Keffith stsbbs Bethany Peake Sh&un Follett ShirIc￿ Brooks Craig Rome Ethan Blood SaoilTa Hear50n David Potter J¢)s¢ph HeaTSO Ca]Demn Sheeran licbael Mounrford Philip t)ann Elizabeth Thompson M¢rcy Ma¢heka Sylvina Johnson 1141130 Charity R¢EiStrntioM ilumb¢T prtnclpal OIfice Burslem Methodist Church Swan Square Stoke on Tr￿t ST6 2AA Page I Burslem Methodist Mission (Swgn Bank) Reference and Admini8trative Detalb (continued) Indopend¢nt Kxsminer D Ikoson VAST The Dud50n Celltre Hope Street Stoke on Trent STI
society or institution subsidiary or allcillary to the Methi)di5t Church. (d) ally purpose for th¢ tim¢ being of any charity being a GILarity 5ub5idiary or an¢illary to th¢ Meth(Mlist ChurdL The ]nission Stateme￿ for Swall Bank Chur¢b is TK•ving W. Lovillg people, and that is what we aim to do tbrough our members, our resources and our be]ief. The atm of Sw Bank Church is to intetttionally brin8 the Kingdom of HeaYM to Bllrslem by creating disciples through prioritising the people of Burslem. Equipping, training and ¢M￿Wering tknse that gather, to reach out inlo the local Community and cr¢aling space that is attrdctiye, relevant and safe in Burslem. Our objxtive is 10 live out our faith througb worthip alld prnytrr, bible study and teachiDg. providing pastoral care and supp)rt to our members and comrnunity, and through mis510ll and outreach. Publle bentfv Our membership officially 5tBnd5 at 357 people. We hAve made 17 new members this year as new people have found their way into the life of th¢ church. Because of the div¢t5e and requir¢m¢nts of our m¢mbership, Swan Bank usually offers 3 s¢rvi¢es ra¢h Sunday, 9am Trdditional, 10.30am Fgmity Wotship (Mthich is liY¢$tr¢amed) and 6.15pm Praise and pravez. Each Sundav, collectively, there tend to be approxitllately 230 adults and children WILO attend the seryices and wh¢Te we bave baptisms and Special occasioll5 thosc number5 increase 8i8ThifJuntly. We a]so bave att onlinr congregation watching the morning service live on Facebook or Youtub6 and we continue to 8et feedback fTOTll Our on]ine people WIKJ are very appreciative of this opportunity. For Some petsple this is a lifeline particularly for those who are housebound. We have people a¢ross th¢ wunty who reguiaTty joill us sol¢ly via our internet pmvisiorL We ty to ¢Dsyre there are no barriers to att¢AJding any of our services and we will endeavour to rllake each person ftel Mel￿Me and at home with i￿. We aT¢ well known ￿ the town Centre of Bur8lem &q a eoJnmunitsT church aDd CODKquently have a const&nt flow of people frottj all wa]k5 of life visiting us dailv for help and supporL We are regularly visited by local 1￿Me1¢S8 people, those in addidion alld those ITh need who f4lllLe for showeT5, clothing, support and referral to other agencies. Thi5 work has sigThifJcantiy incrwe41 over this year gnd we are actively ill ¢onversation about how we can best respond to the ll¢￿s of those arouThd ￿8. W¢ ar¢ c¢l¢bratithg the ¢ontitkued 5uece5s in our teernitment of new volunteers and this wntinues to be an area of real growth and 8re8t potential. The tntstees eonfinn that th¢y hav¢ wmplied with the of section 17 of the Chorities Art 2011 to have due regard to th¢ public benefrt guidance published by the Charity ConJllLi&qiOll for E￿g18lld and Wales. Use volumleers As suggested above. tbi5 work of Swan Bank Chujyh is dependant on & team of lx>D￿Nltted volullt¢U5 whD sive of their lime freely to work tosether for th¢ gwd of th¢ community and kn fi￿fIl our aims and objectives. We have benefitt¢d frDm the expertise of voluntr¢r5 Imve been SUCC￿fill in securing gTants to help pay staff saIaries. Page 4 Bllrslem Methodist Mission (Siyan Bank) Trustets, Report {contAnued) Athitvementg •nd perfornian(e October 2022 saw us partner witlL TJLe Message TTUSt (ao orgoAisahon based in Manchester but working nationally) to open a Community Grwery. This affordable food provision projecl contitiue to offer a ]iftliti¢ of practiGal, emotional and spiritual supportlo our community. We ¢onttnlle our work with our toddler group, sm¢r holiday club for ¢kn"Idren and youth, Youth Clubs for 11-18}'rs, study groups, Gospel Choir and Messy Church, Tuesday Club (for 50 plus ag£ group) Knit alld Natttr group and Chaty Café (which iThclude5 cornmunitv digital inelu5ioo wDrksbops}. people wkn &tteiid these events are from nott•churcb ba¢kwnds. We were delighted to Star( in partDerghip with Approach and Tht Dougl&8 Ma￿liE1a￿ Hospice, a D6mellti& Artivity Group which is growing and off￿Illg support to individuals with Demmtia and those who care for them. As an imier City church we d¢al with Dwky pastoral issues on a daity b&siB. this includes,. ￿elltiOned aFK>ve, providin8 love and 5UPPQrt for thE lJomele&s in our towm. freqUe￿IlY in the form of forf drinks, clothe5 and showers. We have a large tearn of Voluntttrs WIK) belong to a struc￿ Pastordl Netsvork of Car< which has a Co ordinator and A small Steerillg group which Jneets ￿onIbIY. AU church fftembffls. visitths aDd the extended community are SUp￿)rted Pastorallv at their first ]y)ini of contact. Thi5 be at 0￿e of our ￿OTshiP Service5. at a Small i Home 8roup, or ttrttrcst group tgg Nl""omen's IValk¢ng group, I)ementia Acttyity group, knit and Natter, ChaÉty Cafe etc. NIost of these bave a Pastoral Lead and tb¢y co ordinate with th¢ Pastorai Cwrdinator. Pastoral Link visitors support men)bers who are able to leave tILeir homes, or need a little support, they d¢liv¢r fow gifts a year to remind pcoplc thcy are loi'ed and not forgottett. Emergency te¥ms supptsrt people through challenging tlllles. eg Hospital Visiting, Meal mt&s wben people are unable to cook for then]selves Supportive TeleplLone calls. Home visiting. l*e pmvid¢ m¢&]s, gifts and SUPFth for parents. Our Communication ieam sends ¢ards to people wlM> are going th￿Ugh tough times or have had a funeral at Chur¢h in the previous year, Mryite to students who have gone away to college and write a monthly handwritten lett￿ to the At Home Broup i%hich ittcludes a copy of the Church liewsletter. Craft activities ar¢ very much a part of our Pastorat Evangelism. Grt)ups to ¢r¢ate 8ift5 which are plx¢d 8Tound th¢ town or to be dtstribvted at Town or City ¢v¢nts. We Continue io house tbe busiest FoodBarhk in the City which is aDd staffed by com]nitted volunteers. Additionally. we arE iiow. fomially a Community Lounge, working with thc Ciry cOu￿ClI to b¢ a spacc where people in need caEh ei>me gnd help, advice and support. This al¢)ngside ourFoodBank. Th6 Rcmembran¢¢ Day service was plann¢(E and n)ana8ed by us and w7s very well attended Mryth many people from the cotllrnUDity of Burslem. We held our lfjemorial Service Hthich was well attended by relatives and friends of those forwe held fim¢rn] services duiing the pttvious year. W¢ also offer provision of servic¢s in care homes in¢ludiug carg1 servic48. As well these activitie5. we opened the Ceth 00 Chrisun&s Day for 80 people" offering a fLdl Chrislnw lunch aThd entertainment to those would othernise be alone or incapable of providing therns¢lves with meal. Alongside this, we d¢liv¢red a Christh)as lllThch to 300 people along ￿1th a Christm&E gift: most of which is proyided by donations. Most of th¢se people wrre Unk￿>￿11 to the church alld most wer¢ either housebound, ¢)n thcir omn or suffcring from food poverty. We had the input of over 50 volunte￿? to h¢lp ddiver the m¢als aThd help in the Centre. Pa8e 5 Burslem Methodist Mission (Swan Bank) Trustees, Report (Continued) Fllland*l review Policy r￿erV Swan Bank Aims w hold 34 months of expendibjtc iti reserY< which is between £50.0(￿ to £lOO,000. As at 31 August 2024 the charity had £298,946 (?023..£211.107) of UDrestrI￿cd funds and £486.253 (2023..£510,633) of restricted funds of Mthi¢h £465.1)00 (2023:£465,000) is the value of the building. Strncthr4 governante and mgthagement N(￿￿re ofgoverning d￿￿ment Deed of Union (1932) aud Methodist Church Act (1976} ￿ted 2010911932 The M¢thodi3t Church &8 8 wholts is estsb1lsi￿d and co￿titut￿ by an Act of Parlt8ment, cuttently tbc Methodist Church Act 1976 Recruitmenl andappoinlJNentoftrHs1tt The Chur¢h Council is the deci5ion-tnaking ]x)dy of the chU￿h and generally Meets quarterly. Melnbers are elected to the role foT a maximum of 4 yea[5 Ivheu they must step down or apply for re-clection. The Qenerllj Churcb Me6ting is held annually 8nd is where Dew aptX)iDtitieuts are nmde. Members of the Chuwh ¢OUD¢iI also fornL OtILerts8mS to ovetsee, mointain and develop difftrent arw of ¢hur¢h life. Orgullistyioholstrnethre Swall Bauk Churcb (Burslem Meth(dist NlissioD) is governed acco￿1ng to the Constitutiollal Pra¢ti¢e ond Discipline of the Methodist Chwch. As su¢h our goTr'erning strllc￿ is a Chufth Cowi¢il made up of Tru5t¢¢s representing different arw of churGh life. The Church CouDciI 15 the dtcisiot￿￿9]E1llg IK>dy of the church and generally meets qllartcrlv. Member5 are ele¢ted ￿ th¢ mle for & Inaximu￿ of 4 years when tbe) must stq) dowi or apply for re-el¢c¢ion. The AGM of the ehurch is held annua]Iv and is where n¢w appointments are Jnad¢. Members of th¢ ¢hur¢h ¢oun¢il also fonn other tea￿￿ to Ov￿¢¢. mattrtaits and dev¢lvp ditrer¢nl ar¢&s of ¢hur¢ life. The5¢ wre.. Property Teall4 Fillance T¢anJ, PAIVisuaJs Team. Pastordl Teattk ￿ well as tsCCAsiollAI meetlm8S to plan specific work liike OutreaGb seasonal w)rking parti¢s. Non-coun¢il members ¢an b¢ C(￿pted onto the5t leajts as n¢¢¢5sary if their ¢xpcrtise is required. As well as this WE have a Church Lead¢rship Tw now called Ifjrtis￿S Support Team which is not a decision-making body but meets regularly with the Ministers to discuss and discern tbe future prO￿s, stru¢tur4 growth and development of the Mi￿lDn. Staff Workin8 with oiir very committed and able voluDteers we bave a paid of staff.. Superintendent Minister, Millister, youllg people and families eVAngelist {stsrted F¢bru4ry ?024) and Centre Manager (started July 2024). Thr annual reportwos approv¢d by the tn]stees of the thariry on........ .... ... $iglled oll its behalf by.. S¢ephen Adams Trustee Page 6 Burslem Methodist MisJioD (Swan Bank) Independent Eiallliner's Report to the trustees of Burslem Metbodist Mission (Swan Bank) I report to the tnjstees on my vAatnination of the ac¢ounts of Bursl¢m M¢thodi$t MissioTh (Swan BaDk) for the y¢ar ended 31 August 2024. RespongibiJiti¢s and b•sis of rewbrt As the charity ttvsttts of Burslem Methodist Mission (Swan Bank) you are responsible for the preparatton of the pwounts in wcordance with th¢ ftquirements of the Choriries Act 2011 ('the Act,). I report iti respect of lliy ¢xamination of tbe Bur51ern IAeth(yJist NIiSSiOD (Swan Ballk)'s &eouttts ¢atried out under section 145 of the 2011 A¢t and in ￿Ill8 Qut my ¢xaminatioll I have followed atl the applicable Dir¢ctions given by the Charity Commission utthr se¢uon 145(5Kb} of the Act. tndepettdellt examitier's statement Since BLwslem Metbodist Mission (Siyan BAok)'s gmss income exceeded £250.000 your Lxaminer must be a memb¢r of a bL￿Y listed in section 145 of the 2011 A¢L I confinn that l am qualified to und¢tTrke the exaJninatioA b¢caus¢ l am ajnernber of Ac￿ which is one of th¢ li￿t￿ bodic5. I have cornplEted my examination. I confirm that no material njotters have wme to my attention in wnnectioll with the examination giviDg ]ne ca￿¢ to belicve that in gny material respeGL' a¢countjIl8 records were ttot kept An respect of Butslem Medwdist Mission {Swan B8Dkl as Tequired by section 130 of the Act. or 2. the accounts do uot accord with tkne Tecords" or 3. the o¢counts do comply with the aceounting rvwircmejtts collcerning the form and content of accoullts set out in the Charities (A¢¢ounts 8nd Ryrts) R¢guiations 9008 other thaD requiremellt that the 2ccoullts give a 'true and fair view wbich is not a matter considered part of an independent Yamination. I have no concern5 and h￿¢ come acr(￿$ no othermatters ill ¢onne¢tion with the ex8Jnination to which atteutiou should be drawn in this re￿rt in orderto enable a PToper U{￿¢r5t￿ndI￿g of the accounts to be rea¢h¢d. D DeD3oll ACMA VAST The Dudson Centre Hope Street Stoke tsTh Tretst STI 5DD Dat¢-. 2810512025 Page 7 Burslem Methodist Milsion (SwAn Bydllk) Statement of Finaneial Activities for the Year Ended 31 August 2024 Unrestritted Restrlcted fund5 lld5 To¢al 2024 Income And Endowmtnts from: Donations and legacies Charitable activities Investrnent tncotrle Other in¢om¢ 251.812 9.168 10,924 867 9,093 260,905 9,168 10.924 867 T(Ftal income 272.771 9,093 281,864 Expenditure on: Charitable activiti& 195.529 218761 218,405 Total expenditure Net itiwm¢l(¢xpendi￿r¢) Gros5 transfrr5 bEtw¢tn fimds (195.529) 22,8761 (2l8,405 77.242 10,597 (13,783) 10,597) 63,459 Net movement in fvnds 87.839 (24.380) 63,459 Re£oncaliAtion offunds Total fi]nds brought fonv&rd 211.107 510,633 721,740 Total fullds carried foThvard 13 298.946 [￿reStrICted funds 486.253 Rutrict¢d nds 785,199 Totgl 2023 Nfj¢e Ithcome And Ettdowtye￿ts from: Donations and legacies ChaTit8ble acti￿ltieS IDVC5tment into￿e 219.874 11,844 3,042 8,078 227.952 11,844 3,042 Total income 234,760 8,078 242,838 Expenditur¢ on: Charitable activitics 177.160 14,672 l9l,832 Total expenditure Net incom¢/{expenditur¢) (177.160) {14,672 191,832) 57,61M) 6,594} SI,006 Net movement in funds 57.600 (6,594) 51,006 Reconciliation offuDds Total funds brought fonvard 153,507 517227 670,734 Total funds carried forward 13 211.IWI 510,633 721,740 All of th¢ charity¥ ￿]VitieS d¢riv¢ from contillutng op¢rniions duTingthe abDYe ttvo periods. The futtds breakdown for 2023 is slM)Wll ill thote 13. The notes on pages 10 to 22 forni ill1¢g￿ partof th¢s¢ financial 5tstem¢nts. Page 8 Burslem Methodist Mission (Swan Bank) IRegistration number: 1141130) Balance Sheel &8 at 31 August 2024 21124 2023 l¥ot¢ Fix¢d ossets Tangible assets io 477,162 479,308 Current 955ets C￿h at bank and in hattd li 309,638 243,908 Creditors: Amoullts f4lliug duE within one ye•r 12 (1.601) Net current ￿$sets 308,037 242,432 Net aJ5ets 785.199 72l,740 Funds of the chArity: Restritted incOu￿ funds Restricted fund$ 13 510,633 Unrestricted Incoll￿ UTrrestri¢ted fund8 298,946 211107 Total funiL8 13 785,199 721,740 Thefi ¢ial Statements on page5 8 to 22 ￿ErE approvd by the Injstets, 8nd authorised for issue on S¢ephen Adams Trustee The notes on pages io to 22 forni an integral part of these ftnancial statemetts. Page 9 BuTslem Methodist Mission (Sivan Bank) Notes to the FinaDciAI Statements for the Year Ended 31 August 2024 l Accounting pK)lieies StatemeDt of compllance The financial statements have been pr¢pared in aceordance with the second edition of the CILariti¢s Statement of iiecomtnended PractiG¢ issued in O¢tober 2019, tILe Financial Rcportin8 Standard applicable in the United Kingdom and Republie of Ireland IFRS 102) at￿ th¢ Charities Act 2011. BA$ls of preparation Burslcm Nlethodist Missioll {SwaD Bank) meets the d¢fiDitiOll of a publie benefit entity under FRS 102. The accounts (finan¢ial staternellts) have been prepared under the histori¢al ¢ost conv¢ntion with items r￿08￿15¢d ¥4t C1>5t or ttattsa¢tion value un1¢5s otherwise stated in the relevaot notels) to these *¢ounts. Going concern Th6 trusteEs wn5id¢r that there 8T¢ no material UnCer￿￿tieS a1X)￿ the ch*iVs ability to continu¢ as a going concern. tncom¢ aud endowmeDts Voluntary income iA¢luding donatio￿. sifts, legacies and grants that provide core funding or &r¢ of & genetxl n*ur¢ 1$ recognised when the rharity has entit]em¢nt to thc in¢i>m4 it is probable that the iDeA)rne wilI be r¢¢¢ived and the amount c4n be me&sufvJ with suffi¢ient r¢iiabiLiry. DoAollortY legoci Donations and legaci&4 are reco￿lsed oll a ffceivAble basis wlw re¢¢ipt is prnbable and the amount call be ielEably measured. Gr(l￿ts recelv&ble Grnnts are Terogni$¢d when the charity has an entitlement to the fijnds and any Condttions linked to th¢ 8rJnts have been met. Where perfornMD¢e ¢ondiuons are attacbed to the grant and ar¢ yet lo be the in¢om¢ is recogni8ed &s a liability and iTL¢ludd on the balance sh¢et defe￿ed income to k rele&8ed. Inves¢mÉnl illcome Divid¢Thds are recognised once the dividend has been d¢¢lared and notifiL*ion h&5 been reeeivtd of the dividend due. Expenditure All ¢xptndxture is rttognised once I1￿e is a legal or CO￿st￿￿1ve obligation to that ¢xpenditure, it is probabl¢ settlement is required and th¢ amount can be ￿easUred teliably. All costs allocated to th¢ applicable expendTLure heading that aggrtg4te similar costs to that ￿esory. Where costs c￿ll]0t be directly attributed tts partt¢ulw headings th¢y have beEll a]lWat￿ ou a basi5 ¢OilSiStenl with the use of resources, with central staff 05ts allocated ott the basis of time spenL and deprECiatioD chrys a]1(￿ated on the portion of the asset's use. Other 5UPPOrt Costs are allo¢aied based on the spread of staff costs. Choritrthle aelii'ift Charitable expenditur¢ eomprises those ￿$ts in¢utTd by the ehality the delivery of its aclivitie5 alld services for its beneficiaries. It includes both costs that can be allo¢at¢d dir¢ctly to syth activities and those wsts of aD indire¢È nature ne¢es5ary to 8UPPOrt them. Page io Burslem Methodist Mwion (Swan Bank) Nots4 to the Financial Statements for the Year End¢d 31 August 2024 (¢outinlled) Goverllxuce coyts Thes¢ in¢lude the costs attribut8ble to the charity's compliance cot]5titt]tion8J and statutory requirements. including audiL strat¢gi¢ management and tn￿teeS meetings and reimbursed expenses. Taxation The charity is considered to pass the tests Set out in Parngraph I Schedllle 6 of the Finance Act 2010 and therefore it meets the definition of * ch￿il#b]e compaoy for LIK corporntion tsx purposes. Ac¢ording]y, the ¢lwity is pot¢ntiaily ¢xemM fro￿ taxation in re5peet of inrome or Gapital gaius recrived within ¢at¢gori¢s covered by Chapter 3 Port 1 l of th¢ Corp)ration Tax Act 2010 or Seetion 256 of the T&xation of Ch￿ge#ble Gains Act 1992, to the extent that such in¢om¢ or gaiJ)s ar¢ applied exclusivety to chzritable Pur￿>s•s. Tangible tsed gssets tndividual fix￿ assets costing £0.00 or more initsally recorded at w$L less any $ubsequell¢ a¢¢umuIat¢d depreciation and subsequent accutnulated impairment lo&scs. Depreeiatlon ittd •morti14tlo tkpreciation is prO￿ded on tallgible fixed &ssots to wrilE off the cost or valuatiOX4 less otty estimated residual valu< overtheir exp¢¢ted useful ew)￿MI¢ lif¢ &$ fvILows: Casb And cash equivalents Cash and cash ¢quivalrnts comprise cash on hand and call dqiosits, and other short-terni highly liquid investments that are readily Convertible to a known 8mouDi of ¢8sh 8nd are subject to an insigDificaDt risk of clumge in value. Fund $tru¢ture Unr¢stri¢¢d income fimds are 8enerai funds that are available for wc at the ttust¢es dis¢r¢tlOD Ill furtheran¢¢ of the obje¢tiYes of the ¢hority. R¢5tricl¢d incorne funiL% are those donated for llge in a Pthi¢ular area or for spe¢ifi¢ Purposes, the use of which is re$tri¢¢ed to that area or purpose. Pag¢ll Burslem Methodi8t Mission (Swan Bank) Notes to the FinancAal Statements for the Year Ended 31 August 2024 {eontillued) 2 IncomÈ from doA*tlots$ and legici Lnre5tritted Tot#1 2024 G¢n¢rnl DonatiOll5 alld legacies: Donations from individuals Grants, iThcludin8 capital 8rants. Grattts from other Charities 189288 5,493 194,781 62.524 3,600 66,124 251,812 Ilnrestricted fwids G￿er¥I Restrieted fwid$ Tot81 2023 D¢)nations and legacies. Donation5 from illdivi(luals Grants. including ¢apitsl grdftts" Grants from other clMriti¢s 196,874 5,078 201,952 23.01)0 3,000 26,000 219.874 8,078 227,952 Page l? Bur51¢m M¢thodist MiMion (Swary Bank) Notes Éo the Fillancial Statements for the Year Ended 31 August 2024 (continued} 3 from ch•ritsble *ttiTh4ttes Utsre5trirted fund GenerAI Total 21124 Room Hire weddi[￿ snd Funerals Choir evcnts 4.322 4,247 599 4J22 4247 599 9,168 9.168 Unrestricted funds Gener&1 Tot41 2023 ROO￿ Weddings pnd FuDeTrls Choir events 4,142 7,504 198 4,142 7.504 198 11.844 11.844 4 IDve&tULent incollLe Unres¢ric¢ Total 2024 GeDeral Interest rrG¢ivable and Si￿lIar ill￿￿¢. lllt¢re5t receivable on bank deposits lo,￿4 10,924 10,924 10,924 Unrestricted fuDd5 General Tot4l 2023 Interest receivable and sitThiIar income,. tnierest yY¢iYablt on bank deposits 3,042 3,042 3.042 3,042 Page 13 BuTslem Methodist Mi8sion (Swan Bank) Notes to the Finaneial Statements for the Ye¥dr EDded 31 August 2024 {continued) S Expenditure on cbarltsble 4Ctfvities Llnrestrided Dds Gener*1 Total 2024 (L¥ Cbristtn 8,600 1,270 8,772 3,804 430 1.500 19,693 7,571 17,057 2.119 14.918 129.391 284 2,996 1.270 8.772 3,804 430 Community Meal Community Outr¢a¢h Ukrain¢ ottd Ghana 1.500 19,693 7,571 17.057 2.119 14.918 129,391 Utilities Insuranc¢ Propertv repairs and maintenat)¢¢ Bank charges OtTiGe Costs Circuit costs Staff eXPE]]5es P￿toral 195.529 22,876 218,405 Page 14 Burslem Methodi8t Mi￿10￿ (Swydn Bank) Notes to the Financial Stratements for the Year Ended 31 August 2024 (continued) UDr¢stricted funds General ReBtricted fvllds TotsI 2023 4209 1,494 982 1203 6.784 4209 1,494 982 1.203 6,784 11,269 7,113 (15,551) 1,693 16,064 153,036 2,361 (697) 137 1,058 263 414 Live5trearn and broadGa5ting Donations Community Community Outreach Utilitie5 Insurance Prnperty repairs and mainteJ)ance Bank charges Offi¢¢ ￿sts CiKuit costs Outreach Number 9&11 Coffe¢ shop stsff expenses Pastoral GitL8 11,269 7,113 (15,551) 1.693 16,064 153,036 2,361 (697) 137 1,058 263 414 177,160 14,672 191,832 6 Net IncominyJoutgoiDg resources Net incoming resou￿¢S for th¢ year include". 2024 2023 Ikp￿]￿tIon of fixed &8sets 2,146 1525 Pag¢ 15 Burslem Methodist Mission (Swan BaDk) Notes to the Financial StatemeDts for the Year Ended 31 August 2024 (¢ontlllved) 7 Trusts￿ r¢muD¢rgtiDll •nd e During the year the chority Jnad¢ the follow&og transa¢tions with trustees.. Rev Kathryn StepheDJ Rev Kathryn Stephens rec¢iv¢d remuneration of £29:040 (2023.. £26,928) and £2.485 {2023: £2.1241 of Expenses were reirnbursed to Rev Kathryn Stephens during the year. Thi5 re￿u￿eration paid vta th¢ ¢ir¢uit Any ¢xpenses reimbursed were for Rev Stephen's paid ￿DplOyment awl Dot iu relation to herro16 as I trnstre. £7,812 (2023..£7,244) of pension ￿ntribUtIOnS were mth forRev K Stephens Pension ¢ontributions have been made to a defried eontiibution sebetne. The legal authority uthder which re]nunernioo was gi&en ¢0 thos¢ also a¢ting w tNst¢es of the ¢haTity is the Constitutional Practice and Di5ciplille of the Methodist Churc￿ which stst¢s that subject to ¢omplian¢e Standing Ordcr5 as to conflicts of illteresL the trusiees mav employ or engage the St￿l¢eS of any managing twstee or conn¢cted person at reJnunerdtioD and on tfflU5 noi preferential than ￿1)Uld be Accorded to a member of the public with th¢ sa)n¢ qualifications and experiellce. Sam Taylor Sam Taylor received Temuneration of Wil (2023.. £17J04) and £Nil (2023.. £1.568) of expen9es were reimbW$￿ to Som Taylor during the year. Thi5 remuneration was paid via th¢ Gircuit. Sam left in Allgvst 2023 Any ¢xp¢ns¢s reimbursed were for Sam TayloV5 paid employm￿1 and not in relation to his rolc as atrusteB. NIL12023..£1,458) of pensio￿ contributions We￿ made for Sam Taylor Pension contributions have been mad¢ to adef￿ed contiibution scberne. The legal authority UTLder Mthich remuneration was giv¢ll to thos¢ also actin8 ￿ tsw¢e¢s of the charity is th¢ Constitutional Practice alld Discipline of th¢ Methodisi Chur¢l4 which states dTrt subject to compliance with Stsnding Ordtrs as to ¢oThflicts of interest, the trusiee5 ernploy or engage the Services of any manasing trustee or c<)nne¢ted persott at remuneration and on ternis not more preferentid than would be accorded to a member of the public with t￿e 5allLe qualifi¢&lions and experience. Page 16 Burslem Methodist Mission (Swan Bank) Notes to the Financial Statements for the Year Ended 31 August 2024 (eoDtiDued) Rev Ruth Jeffries R¢v Ruth Jeffiies received remuneratiOD of £29,040 (2023: £26928) aTrJ £1266 (?023.. £1,360) of expenses wtre r¢1mburs￿ to Rev Ruth Jeffties duriD8 the ycar. Thi8 remuneratiots v&% paid via the ¢ir¢uit Any expense5 reimbursed were for Rcv Jeffties paid employment aDd not in relation to her role &8 a trustee. £7,812 of pension Gotitributions wer¢ mad¢ for R¢v R Jeffti¢s. P¢nsion Contributions have been made to o defttjed conknb￿ti0ll The legal authority under Ththich retnuneration was given to those also 8ctittg as tsustees of the charity is the Constitutional Practice and Dis¢ipline of th¢ Methodist Churc￿ s¥hich 5tate5 that Subject to compliance with Standing Order5 as to cotifiict5 of interesL the trustees may employ or ¢n8age the Services of any M￿a8￿g stee or Conne￿¢d person * re[DUue￿Ioll and OD ternis titst more prefereniiaj than would be accorded to a member of the publi¢ with the same qualifications and experienee. Elizabeth Thompson Elizab¢th Thompson received remuneration of £2.65112023.. £NiI) during the year. No trustees have r￿e1Ved any otller F*nefits from the ch￿lty dwitig the year. 8 Indepemdtnt eiamin¢r'$ r¢muDer*tioD 2024 2023 Rxsmination of the finatscial Statements 1,500 1,476 9 Tax4tlon The charity is a registered charity and is th¢r¢fore exempt from l&Katio Page 17 Bunlem Methodist Mission (Swan Bank) Notes to the Financial Statemeuts for the Y¢ar Ended 31 August 2024 (eontinued) 10 Tangible fix¢d A&g¢ts LAnd And bulld1￿E8 Furnitur¢ #nd ¢quipmoDt Total Cost At I Septemb¢r 2023 463,000 32,122 497,122 At 31 2024 465.000 32,122 497.122 Depreci4ti0 At I September 2023 Charge for the year 17.814 2,146 17,814 At 31 AUg￿tt 2024 19.960 19.960 Net book vilut At 31 Augus¢ 2024 465.000 477.162 At 31 Ausu8t 2023 465,O¢KI 14JO8 479,3Q8 11 Cash •nd cash equivglents 2024 2023 Cash at bank 309.638 243.908 12 Creditor8: #mounts falling due within one yegr 2024 2023 Accruals 1,601 1,476 Page 18 Burslem Metlkodist Mission (Swan Bank) Notes to the Finan¢ial Statements for Ihe Year Ended 31 August 2024 (eontinued) 13 Fund8 B¥J8nce At I September 2023 Balance at 31 August 2024 Resources eipended TrAnsfers Unrestricted fund8 GeNerul Gen¢rai 211.107 272.771 (195.529) 10,597 298.946 Restricted funits Christmas day Ghana DonatioJ]s & crowdfund¢r Conununitv ChuT¢h building Live stream Cirruii broadc&qt CommuDity meat Ukraine Community Shop 13,503 235 5.453 (8.600) (75) 10.356 {200) 14,557 465,000 6.754 1,437 8,792 355 1,600 (3,804} (10.377) 1,976 465,000 5.720 1,201 (1,034) (236) (8,772) (355) (20) 2,000 2.OIM) Total re8trirted funds 510.633 9,093 486.253 Totsl 721,740 281,8fA (218,4051 785.199 Page 19 Burslem Methodist Mission (Swan Bank) Note5 to the Finaneial Statements for the Year Ended 31 August 2024 (continued) B4JgTr¢e 911 September 2022 Balance at 31 August 2023 Infoming Reaourt Trgn5fer5 Unrestrlded futsth General General 153.507 234,760 (177,160) 211,107 R£8trict¢d Christhw day Ghana Compassion Donations & wowdfut]d¢r Con]mullity Urch buildillg A¢tion4children Live str¢atn Circuit broadcast 24,699 (85) (ILM)) 4,813 265 (4.209} (500) (i i,soo) 555 loo 13,503 235 4,474 465,000 3,000 (6,786) 13,869 14,557 465,000 7971 1.714 1,713 10.9)5 835 {1,217) (277) 6.754 1.437 A¢c¢s$ to Communiry meal Ll(raine (1,713) (1.000) {1,203) 8,792 355 Total restrleted fvnds 517.227 8.078 14,672) 510,633 Tot41 fwids 670.734 242.838 {191.832 721,740 Page ?0 Burslem Methodi8t Mi88ioll (Swan Bank) Notes to the Financial Statements for the Year Ended 31 Angu8t 2024 (continued) The spe¢ifJ¢ pwpos¢s for whith the fimds are to be applied are as follows: D&y This fi]nd is Tr work with those in our eortunuDity, p&rticular]>" those who are i501ate4 lonely and fmllciwlly ¢hall¢ng¢d to provide them with a full Chri5kn&s meaL entertHiDment ZDd friendship on Christtn&q Day in the Church building or.me￿$ on wheels" forthose aT¢ uDabl¢ to leav¢ th¢tr IK)me. Compa&8i0￿0han￿ ReStrI￿ed fiwds to SUPPOrt Lit* project(s) in Ghana wo￿lD8 to relieve poverty. Break-￿ donation5 and Growdfvtldtr This c￿lle in through donations following a break alld was doDate4 to help the church in ivs outreach work with Trvlner&ble people particularly al Chri51tn&% but a150 t]JrouglM)Ut the year. To be used direct]y and al80 to enable th¢ upk¢¢p of the S￿C¢S in th¢ pJemises used by those in the 'vuinerabl¢" category. Church Building This fimd r¢pwents th¢ valualion ofthe PreJni￿ of Swall Bank Church and Swan Bank Meth￿ist Mis510D. A¢tion4¢hildren Ha]f of th¢ dotsations at the Christing]e seNice Hre given to this djarity. Live Stream & Circuit Broadcast This fund was set up to enabl¢ seryices to continue online during Covid-19. The online giving futth w se¢ up tts aIlow view¢rs to donate towards produ¢tion ￿$ts. Th¢ ￿an¢t on th¢ fimd is the written down bdan¢e of th¢ assets pufGhased being written off over a of }'ean. A¢¢ess to wh This is a graut to Purch￿ 101optop$ ￿ allow people to access on-line seTYi¢W. Con]muThity Meal This is a grant to provide a weekly aDd suppTrrt for farnilies throu8boutthe yegr. FU￿d& colleeted forrefugees from the Ukraine. Commuttity Shop FutLds were donated by Stoktr 00 -Treot City Coull¢il Stokev on -Trent FTr)dbatJk to help set up a community shop. Pag¢21 Burslem Methodist Mission (Swan Bank) Notes to the Flnancial Statements for the Year EDded 31 August 2024 (Continued) 14 ADalysis of net Assets between fund$ UDrestrkted rwids GenerAI Total funth It 31 August 2024 Restrl¢tÈd l)Jnd$ Tangible fixed os3¢ts Current asse Cuttent liabilities 4,967 295,580 (1,601) 472.195 14.058 477,162 309.638 1,601 Total net asscts 298.946 486,253 78i,199 Unrestrirtwl Total fund5 At 31 August 2023 General Dds Tangtble f￿ed ￿etS Current assets Current liabilities 5.843 206,740 1.476 473.465 37.168 479,308 243,908 1,476) Total net assets 211.107 510,633 721.740 IS Related party tr*nsactlonJ During the year tbe rharity mad¢ the f0llomry￿8 related party fraLsarhons: Cornerntolle Constrn¢tion and Ren0Tr4tions Limited {cOrne￿t0￿£ CoDstwGtion and R¢novations Limited of *htch Stewart Chapman. a trustee: is a dkr¢¢tor.) The compally w&s paid to cw out repairs to the willdows in the thutrh. All a￿oUT￿ of £3.696 was paid dwing th¢ year {2U23= £11438 Iva5 paid during the Y￿). . At die baiane¢ she¢t date tILe ￿n￿U￿t du¢ tolfrom Comerstone CoDsXrnction and Kenovation5 LimÉted was £Nil 12023- £Nil). Pag¢ 22