## **Church Accruals Accounts 2023-2024**
## **THE METHODIST CHURCH**
# **REPORT AND ACCOUNTS (ACCRUALS BASIS) for the year ended 31 August 2024**
## **St. Luke's Methodist Church Hoylake**
Registered Charity: 1144068
|**Circuit No**
**Wirral**
**18/09**
~~ee~~|**Circuit No**
**Wirral**
**18/09**
~~ee~~|**Circuit No**
**Wirral**
**18/09**
~~ee~~|**Circuit No**
**Wirral**
**18/09**
~~ee~~|**Circuit No**
**Wirral**
**18/09**
~~ee~~|**Circuit No**
**Wirral**
**18/09**
~~ee~~|
|---|---|---|---|---|---|
||**Minister**||Rev Noel Sharp|||
|||||||
||**Church Stewards**||Alan Fowler|||
||||Anne-Marie Smith|||
||||Cate Warbrick|||
||||CraigPrice|||
||||Sam Hepworth|||
||||Sandra Mealor|||
||||Rachael Davies|||
||**Church Treasurer**|Mr N.J. Schorah
~~Oo~~||||
## **St. Luke's Methodist Church Hoylake**
## **Trustee’s Annual Report**
## **for the year ended 31 August 2024**
## **Introduction**
Welcome to the Annual Report for St. Luke's Methodist Church Hoylake.
## **Aims and organisation**
The mission of the Methodist Church in Great Britain is set out under the heading of ‘Our Calling.’
This document states that the church has for primary functions namely;
## **Worship, Learning and Caring, Service and Evangelism.**
Together these four aspects cover a wide variety of activities in the local church.
## **Review of the year**
St Luke's Methodist Church is open 7 days a week supporting church members, local families and local community groups with a food bank resource, free school uniforms and is registered with Wirral Borough Council on their official list of places for help and support and is registered with Transforming Lives as a Place of Welcome. In any given week our Community Room and Kitchen is used by the church and community (this excludes any commercial or religious event) to provide events that support circa 180 people.
During the past year St. Luke’s Methodist Church has engaged in a wide variety of activities including:
- community events e.g. monthly Singing Café on line and in the building, weekly Food and Friends lunch, weekly Companionship Café, community concerts, monthly Community Meals,
- children’s ministry including ad hoc and weekly term time events
- a ‘Saturday Club’ for those with learning difficulties
- wider community projects including Food bank collection point, Wirral FUSS (free uniforms for secondary schools), Can Cook/Well Fed hub and a Store 4 All providing free food and toiletries
- A significant ministry is supporting asylum seekers who are housed in the local hotel with a range of practical support and spiritual care.
- Two Eco Fayres and Church Olympic Fun Event
- hiring out our premises for community activities such as concerts, art events, parties,
- weekly worship events online and in the building
- weekly coffee mornings
- weekly parents and toddlers
- twice weekly Alcoholics Anonymous meetings
- Girl Guides and Scouts
- Small groups in homes, church and online for the purpose of study, prayer and fellowship
- Maintaining an Ethiopian link through the Christian charity ‘Compassion UK’
## **Income trends**
## Church income is primarily drawn from:
- regular giving by church members with the associated Gift Aid tax claim,
- collections in worship services,
- grants received in support of specific projects & initiatives,
- lettings income paid by the congregation / external users of the building.
The rental income relates to the hire of the church rooms to various groups in the community.
**Expenditure trends**
The major cost is in relation to the assessment paid to the Wirral Methodist Circuit. This amounts to 65% of our total expenditure on the General Fund.
A significant amount of the Circuit assessment is used to pay the District assessment, stipends and related costs to Ministers & Circuit lay employees.
The other expenditure includes: payment of church lay employees, insurance, utilities and building maintenance. Expenditure was as expected, with the exception of some Planned Repairs which had to be deferred into the next year.
## **Fund balances**
As at 31 August 2024 the net current assets of the Church General Fund were £51,966, giving approximately 7 months' cover for planned expenditure. This is a 61% reserve.
A 50% reserve would have equated to £42,550.
## **Plans for 2024/25**
The calling of the Methodist Church is to respond to the gospel of God's love in Christ and to live out its discipleship in worship and mission. It does this through: Worship, Learning & Caring, Service and Evangelism. The Church Budget is reviewed annually and supports this work.
Income is from a combination of: planned giving by the church membership, letting of rooms and donations from individuals and church groups. Where applicable tax is reclaimed using “Gift Aid”.
We make provision for our property maintenance programme by budgeting to maintain and clean the Church. The budget also covers heating, lighting and buildings insurance. The ministerial oversight is resourced by the circuit for which the church makes a budgeted contribution from the general fund. Additional staff are supported by designated restricted funds. The Church has received various legacies some of which are for specific projects – including Mission & Evangelism and the employment of additional staff. These monies are held in restricted funds.
A specific focus in addition to the above will be supporting the youth in our community as we look to provide a weekly youth club.
## **St. Luke's Methodist Church Hoylake Trustee’s Annual Report on Finance and Governance**
## **Basis of preparation and legal framework**
The Charity’s annual report and accounts for the year ended 31 August 2024 have been prepared in accordance with the Charities Act 2011 and the Charities: Statement of Recommended Practice 2015 as applicable to the FRS102 SORP 2015.
Full Name of Charity / Church: St. Luke’s Methodist Church, Hoylake
Registration Charity Number (if a Registered Charity): 1144068
Date of registration (if registered as a Charity): 29/09/2011
Main communication address : Market Street Hoylake Wirral CH47 2BF
The members of the St. Luke's (Hoylake) Methodist Church Council meeting are the Charity Trustees , membership being made up of church office holders, church lay workers, Minister and representatives appointed by the church at the Annual Church Meeting.
Full list of Church Council members and key lay employees are shown as Appendix A to this report.
Treasurer: Mr N.J. Schorah.
The treasurer acted as the principal officer overseeing the day to day financial management and accounting for the church during the year.
Independent examiner Mr M. Chandler
Investment Bankers Central Finance Board of the Methodist Church
Trustees for Methodist Church Purposes.
## **St. Luke's Methodist Church Hoylake**
## **Aims and organisation**
Charity objective is covered by the mission of the Methodist Church in Great Britain, which is set out under the heading of ‘Our Calling.’
The purposes of the Methodist Church are and shall be deemed to have been since the Date of Union the advancement of:
a) The Christian faith in accordance with the doctrinal standards and discipline of The Methodist Church;
b) Any charitable purpose for the time being of any Connexional, District, Circuit. local or other organisation of The Methodist Church;
c) Any charitable purpose for the time being of any society or institution subsidiary or ancillary to The Methodist Church;
d) Any purpose for the time being of any charity being a charity subsidiary or ancillary to The Methodist Church
The main activities of the church are:-
Worshiping God through prayer, song and other acts of worship.
The organisation and resourcing of regular public acts of worship open to members of the church and non members alike.
The teaching of Christianity through sermons, courses and small groups.
The resourcing of pastoral work including visiting the sick and bereaved.
Promotion of Christianity through the staging of events and services.
## **Public Benefit**
We confirm the trustees have had regard to the Charity Commission’s guidance on public benefit.
## **Structure, Governance and Management**
The governing document for the church is the Deed of Union (1932) and Methodist Church Act (1976)
Detailed governance arrangements are outlined within the Constitutional Practice and Discipline of the Methodist Church by order of the annual conference (CPD).
Day to day management of the church is undertaken by the Church Stewards & Lay Worker along with the Minister.
The Trustees are appointed at the AGM of the church.
**Trustee Training**
A range of guidance produced by Methodist Connexion to support the effective running of the church and the role of Trustees is given to the Church Trustees at various meetings and / or training sessions .
## **Related Parties**
The Church is in the Wirral Circuit which is part of the North West England District and is also accountable to the Methodist Conference.
The internal organisations linked to this church are: Children's Work Saturday Club Monday Circle Junior Church Community Lunches Parents & Toddlers Friday Food & Friends.
## **St. Luke's Methodist Church Hoylake**
## **Risk Management**
The major risks have been identified and recorded by the Trustees with professional advice taken as required. There is a regular annual review process undertaken and recorded.
Risk assessments are completed and reviewed for all off-site group activities.
Income and Expenditure is being monitored in total and is compared with the approved annual budget on a quarterly basis to detect trends as part of the risk management process to avoid unforeseen calls on reserves.
## **Safeguarding**
It is the Church’s intention to value every human being as part of God’s creation and the whole people of God. At the heart of the community is a deep sense of the place of welcome, hospitality and openness, which demonstrates the nature of God’s grace and love for all.
Our church community is called to be a place where the transformational love of God is embodied and life in all its fullness is a gift, which is offered to all people.
Methodist Connexional safeguarding practice is about the action the Church takes to promote a safer culture. This means we will:
- promote the welfare of children, young people and adults
- work to prevent abuse from occurring
- seek to protect and respond well to those that have been abused.
## We are committed to:
- the care and nurture of, and respectful pastoral ministry with, all children, young people and adults
- safeguarding and protecting all children, young people and adults when they are vulnerable
- establishing safe, caring communities, which provide a loving environment where there is informed vigilance as to the dangers of abuse
We will carefully select and train all those with any responsibility within the church, in line with safer recruitment principles, including the use of criminal records checks through the Disclosure and Barring Service (DBS). We will respond without delay to every safeguarding concern, which suggests that a child, young person or adult may have been harmed, working in partnership with the police and social services in any investigation. We will seek to work with anyone who has suffered abuse, developing with them an appropriate ministry of informed pastoral care.
We will seek to challenge any abuse of power, especially by anyone in a position of trust.
We will support risk assessment of those who present a safeguarding risk within a church environment. We will ensure appropriate pastoral care is offered and measures are taken to address identified risks including referral to statutory agencies, suspension and the use of safeguarding contracts.
In all these principles, we will follow legislation, guidance and recognised good practice.
## **Reserves Policy**
Our Reserves Policy is to hold at least six month’s income in hand for the Church General Fund. This amount should be sufficient to provide working capital to cover fluctuations in income and expenditure and to meet emergency calls on cash, for example for emergency repairs or immediate mission opportunities. (In setting this level it is recognised that reserves are also held by the Wirral Circuit and Liverpool District of the Methodist Church).
As at 31 August 2024 the net current assets of the Church General Fund were £51,966, giving approximately 7 months' cover for planned expenditure. This is a 61% reserve. A 50% reserve would have equated to £42,550.
This is considered a satisfactory reserve. While it is slightly above our target it is recognised that there are some property repairs pending, which may reduce the reserve.
**Number**
**1144068**
**St. Luke's Methodist Church Hoylake**
|**Statement of Financial Activities(SOFA) for theyear ended 31 August 2024**|**Statement of Financial Activities(SOFA) for theyear ended 31 August 2024**|**Statement of Financial Activities(SOFA) for theyear ended 31 August 2024**|**Statement of Financial Activities(SOFA) for theyear ended 31 August 2024**|**Statement of Financial Activities(SOFA) for theyear ended 31 August 2024**|**Statement of Financial Activities(SOFA) for theyear ended 31 August 2024**|**Statement of Financial Activities(SOFA) for theyear ended 31 August 2024**|**Statement of Financial Activities(SOFA) for theyear ended 31 August 2024**|
|---|---|---|---|---|---|---|---|
||**Notes to the**
**accounts**|**General Fund**
**(Unrestricted)**|**Designated Funds**
**(Unrestricted)**|**Restricted Funds**|**Endowment Funds**|**Total**
**2023-24**|**Total**
**2022-23**|
|||£|£|£|£|£|£|
|**Income and Endowments from:**||||||||
|Donations and legacies|4|||||**68,994**|**82,350**|
|- Collections and tax credit||66,769||||66,769|57,995|
|- Donations||2,225||-||2,225|3,723|
|- Legacies||-|-|||-|20,632|
|Charitable activities|5|||||**3,200**|**25,267**|
|- Grant Income||||3,200||3,200|25,267|
|- Others||||||-|-|
|Other tradingactivities|6|||||**12,879**|**11,063**|
|- Lettings||12,416||||12,416|9,828|
|- Miscellaneous||463||||463|1,235|
|Investments|7|2,203|4,437|18,102||**24,742**|**16,707**|
|Other Income|8|||||**6,981**|**4,840**|
|- Internal organisations||||4,259||4,259|3,058|
|- Miscellaneous||433||2,289||2,722|1,782|
|**Total**||**84,510**|**4,437**|**27,850**|**-**|**116,797**|**140,227**|
|**Expenditure on:**||||||||
|Salaries,NIC & Pension costs|11|||41,001||41,001|54,020|
|Circuit Assessment||49,244||||49,244|48,473|
|Maintenance on Church building(s)andproperty||9,800|-|||9,800|13,160|
|Phone,Broadband & Website||764||||764|540|
|Utilities(insurance,heat and light,water,etc)||11,272||||11,272|10,691|
|Depreciation||||||-|-|
|Provisions||||||-|-|
|Internal organisations||208||5,003||5,211|5,263|
|Grants and Donations||||863||863|25,835|
|Other expenditure||5,185|234|4,091||9,510|8,691|
|**Total**||**76,473**|**234**|**50,958**|**-**|**127,665**|**166,671**|
|||||||||
|**Net income/(expenditure)**||**8,037**|**4,203**|**23,108**
**-**|**-**|**10,868**
**-**|**26,444**
**-**|
|**Transfers between funds**||||-||-|**-**|
|||8,037|4,203|23,108
-|-|10,868
-|26,444
-|
|**Other recognisedgains/ (losses):**||||||||
|Gains/(Losses)on revaluation of fixed assets||||218,908||218,908|494,257|
|Gains/(Losses)on investment assets||-||||-|-|
|Actuarial gains /(losses) on defined benefit pension
schemes||||||-|-|
|**Net movement in funds**||8,037|4,203|195,800|-|208,040|467,813|
|**Reconciliation of funds:**||||||||
|Total funds brought forward||43,928|82,117|6,621,375|-|6,747,419|6,279,607|
|**Total funds carried forward**||**51,966**|**86,319**|**6,817,175**|**-**|**6,955,459**|**6,747,419**|
**For information only Money received and passed on to External Organisations Balance brought forward from last year**
Offerings/Gifts - received for External Organisations ( _not included in the church income)_ Offerings/Gifts - passed to External Organisations _(not included in the church expenditure)_
|0|0|
|---|---|
|2200|3407|
|2200|3407|
|0|0|
**Balance carried forward**
**St. Luke's Methodist Church Hoylake**
## **Balance Sheet as at 31 August 2024**
|**Notes**
**Tangible Fixed Assets***|**Notes**
**Tangible Fixed Assets***|**General Fund**
**(Unrestricted)**
**£**|**Designated**
**(Unrestricted)**|**Restricted Funds**
**£**|**Endowment**
**Funds**
**£**|**Totals this year**
**£**|
|---|---|---|---|---|---|---|
||||||||
|Land & Buildings|12|||6,370,508||6,370,508|
|Equipment|12|||100,914||100,914|
|Investmentproperties|13|||||0|
|Investments|13|||||0|
|**_Totalfixed assets_**||0|0|6,471,422|0|6,471,422|
|**Current Assets**|||||||
|Debtors and Prepayments|14|||||0|
|Cash at Bank and in hand|14|5,348||||5,348|
|Trustees for Methodist Church
Purposes deposits|||86,319|||86,319|
|Central Finance Board Deposits||46,617||343,999||390,616|
|Other||||1,753||1,753|
|**_Total current assets_**||51,966|86,319|345,752|0|484,037|
||||||||
|**Creditors and Accruals (due in**
**under 1yr)**|15|||||0|
|**Net current assets(liabilities)**||51,966|86,319|345,752|0|484,037|
|**_Total assets less current liabilities_**|||||||
|||51,966|86,319|6,817,175|0|6,955,459|
||||||||
|**Loans and creditors due after 1**
**year**|17||||||
|Provisions for liabilities and charges|17|||||0|
|**_Net assets_**
**Funds of the Church**
18
Unrestricted funds
Restricted funds
Endowment funds
**_Total Funds_** _18_
*Details - see Note 12|||||||
|||51,966|86,319|6,817,175|0|6,955,459|
||||||||
|||51,966|86,319|6,817,175||138,285|
|||||6,817,175||6,817,175|
||||||0|-|
|||51,966|86,319|6,817,175|0|6,955,459|
||||||||
|**Internal Organisations**||**Opening balance**|**Receipts**|**Payments**|**Net Receipts/**
**Payments**|**Adjustments**|
|SaturdayClub||257.97|1,169.44|797.21|372.23||
|Food & Friends||1,249.11||1,249.11|-1,249.11||
|MondayCircle||305.11|480.00|330.00|150.00||
|CommunityLunches||92.55|1,311.30|1,322.45|-11.15||
|Children's Work(Kids Klub)||282.56|740.00|664.23|75.77||
|Junior Church(Kids Church)||109.26|300.00|340.30|-40.30||
|Parents & Toddlers||200.78|258.50|300.00|-41.50||
|Total||2,497.34|4,259.24|5,003.30|744.06
-|-|
|||||Total Payments|||
||||Total Receipts|Total Payments|||
**St. Luke's Methodist Church Hoylake**
## **Notes to the Accounts**
## **1. Basis of accounting**
The Charity’s annual report and accounts for the year ended 31 August 2024 have been prepared in accordance with the Charities Act 2011 and the Charities: Statement of Recommended Practice 2015 as applicable to the FRS102 SORP 2015.
## **2. Funds**
The funds held constitute: General Funds held for any purpose of the Church which are Unrestricted. Restricted funds which are held for a narrower purpose including those for internal organisations. Details of each material fund are disclosed in note 18 . Any funds may be represented by more than just cash.
## **3. Accounting policies**
## **Basis**
These accounts have been prepared on the basis of historical cost except that investments are shown at their market value at the end of the year, on the accruals basis to show a true and fair view of the Church's financial position and activities.
## **Income**
Income is included in the Statement of Financial Activities (SOFA) when the Church becomes entitled to the resources, and the trustees are reasonably certain they will receive the resources; and the monetary value can be measured with sufficient reliability.
## **Expenditure**
This is recognised when a liability is incurred, or a constructive obligation arises, that results in the payment being unavoidable. Liabilities are recognised as soon as an outflow of economic benefit is considered more likely than not under the legal or constructive obligation committing the Church to pay out resources.
## **Grants**
Grants made by the Church from its own funds are recognised in full at the time of agreement or when the Church accepts that there is a legal or operational obligation to make the payment. When the grant is recurrent over more than one year the balance payable in future years is treated as a provision for future commitments in the Balance Sheet against the appropriate fund, the provision being released in future years as instalments are paid in accordance with the originally agreed terms.
## **VAT**
Since the Church is not VAT registered, all input VAT is charged with the expenses to which it refers.
## **Tangible fixed assets for use by the Church**
The value of Church Building taken to be the Insurance Valuation of Buildings & the Land value is assumed to be a further 20% of building value. The value of "Fixtures, fittings and equipment" is based upon the Insurance Valuation of Contents.
## **Investment Properties**
There are no investment properties.
## **Investments**
Investments are valued in the balance sheet at market value at the year end. Investment income is included in the accounts when receivable and any gains or losses on revaluation at the year end are shown in the SOFA.
## **Debtors and Prepayments**
Debtors include outstanding lettings invoices in August (where a significant debt remains).
## **Creditors**
Creditors include outstanding amounts relating to utilities, telephones, etc in August.
|**4. Donations and legacies**
Collections
Tax credits
Donations
Legacies
**Total**
**5. Charitable activities**
Grant Income
**Total**
**6. Other trading activities**
Rental income (lettings)
Other|**St. Luke's Methodist Church Hoylake**|
|---|---|
||**Unrestricted**
**Designated**
**Restricted**
**2024**
**Total**
**2023**
**Total**
**£**
**£**
53,877
**53,877**
47,385
12,892
**12,892**
10,610
2,225
0
0
**2,225**
3,723
0
0
0
**0**
20,632
**68,994**
**0**
**0**
**68,994**
**82,350**
**Unrestricted**
**Restricted**
**Restricted**
**2024**
**Total**
**2023**
**Total**
**£**
**£**
0
0
3,200
**3,200**
25,267|
||**0**
**0**
**3,200**
**3,200**
**25,267**
**Unrestricted**
**Restricted**
**Restricted**
**2024**
**Total**
**2023**
**Total**
£
£
£
**£**
**£**
12,416
0
0
**12,416**
9,828
463
0
0
**463**
1,235|
|**Total**
**7. Investment income**
Central Finance B'rd/TMCP
Other|**12,879**
**0**
**0**
**12,879**
**11,063**
**Unrestricted**
**Restricted**
**Restricted**
**2024**
**Total**
**2023**
**Total**
£
£
£
**£**
**£**
2,203
4,437
18,102
**24,742**
16,707
**0**
0|
|**Total**
**8. Other Income**
Insurance claim
Ben. Fund - Refugees
Benevolent Fund
Mission Fund
Food & Friends ***
Other|**2,203**
**4,437**
**18,102**
**24,742**
**16,707**
**Unrestricted**
**Restricted**
**Restricted**
**2024**
**Total**
**2023**
**Total**
£
£
£
**£**
**£**
**0**
0
0
**0**
625
357
**357**
927
**0**
0
1,932
**1,932**
0
433
0
**433**
230|
|**Total**|**433**
**0**
**2,289**
**2,722**
**1,782**|
*** This relates to the income for the "Food & Friends" CFB Deposit Account, which replaced the funds previously held by the F&F "internal organisation", as shown in the Balance Sheet summary.
|£
Number of trustees who were paid expenses
Nature of the expenses
Total amount paid
£
£
**Staff Costs paid during the year were:**
Gross wages, salaries and benefits in kind.
Employer’s National Insurance costs
£
Total staff costs
**Average number of staff employed during the year were:**
£
£
£
£
**11. Paid employees**
Independent examiner’s or auditors' fees for reporting on the accounts
Other fees (eg: advice, accountancy services) paid to the independent examiner or auditor
If there are no payments to Trustees, please record no expenses were paid.
**10. Fees for examination or audit of the accounts**
**9. Payment to Trustees**
Payments made to trustees for additional services provided to the Church by agreement with the
Church Council Meeting
Pension costs|**This year**
Nil
None
Nil
Nil
Nil
37,418
3,161
421
41,001
2|**Last year**|
|---|---|---|
|||Nil|
||||
|||None|
||||
|||Nil|
||||
|||Nil|
|||Nil|
||||
|||49,822|
|||3,115|
|||1083|
|||54,020|
||||
||2|2|
## **St. Luke's Methodist Church Hoylake**
## **12. Tangible Fixed Assets**
Cost or valuation
||**(1)**
**Church (non**
**investment)**
**land and**
**buildings**
**£**|**(2)**
**Other non**
**investment land**
**and buildings**
**£**|
**Investment**
**properties (land**
**and buildings)**
**£**|
**Other fixed**
**assets including**
**motor vehicles**
**£**|**(3)**
**Fixtures, fittings**
**and equipment**
**£**|
**Payments on**
**account and**
**assets under**
**construction**
**£**|**Total**
**£**|
|---|---|---|---|---|---|---|---|
|**Balance brought forward**|6,155,015||||97,500||6,252,515|
|Additions||||||||
|Revaluations(+/-)|215,494||||3,414||218,908|
|Disposals(-)||||||||
|Transfers *(+/-)||||||||
|Balance carried forward|6,370,508||||100,914||6,471,422|
|**Accumulated depreciation**|**Accumulated depreciation**|**Accumulated depreciation**|**Accumulated depreciation**|**Accumulated depreciation**|**Accumulated depreciation**|**Accumulated depreciation**|**Accumulated depreciation**|
|---|---|---|---|---|---|---|---|
|Balance brought forward||||||||
|Depreciation charge foryear(-)||||||||
|Revaluations(+/-)||||||||
|Disposals(-)||||||||
|Transfers*(+/-)||||||||
|**Balance carried forward**||||||||
|**Net book value**||||||||
|Brought forward|6,155,015|-|-|-|97,500|-|6,252,515|
|Carried forward|6,370,508|-|-|-|100,914|-|6,471,422|
_* The "transfers" row is for movements between fixed asset categories._
## **Notes:**
- (1) Value of Church Building taken to be the Insurance Valuation of Buildings:
|Value of Church Building taken to be the Insurance Valuation of Buildings:|5,308,757|
|---|---|
|& Land value is assumed 20% of building value (rebuilding cost):|1,061,751|
|**Giving total for Land & Buildings:**|**6,370,508**|
(2) The church does not own any other land or buildings.
(3) Estimate value of "Fixtures, fittings and equipment" is based upon Insurance Valuation of Contents.
**St. Luke's Methodist Church Hoylake**
## **13. Investments**
The funds that support the various funds are held by TMCP in Trustees **Interest Funds** on which interest is credited to the accounts each month. These are regarded as medium and long term investments.
TMCP is the legal owner and Custodian Trustee of all Methodist Model Trust property, including Legacies, Endowments and Accumulated Funds. Trust property is held for and on behalf of local Managing Trustees who are responsible for the day to day management of trust property. TMCP ensure that, through providing guidance and acting under their direction, the Managing Trustees comply with charity law and Methodist law and polity as determined by the Methodist Conference.
## **Analysis of investment movements**
## **This year Prev year**
## **Change in investment values**
|**£**
**£**|**£**
**£**|**£**
**£**|
|---|---|---|
|Carrying (market)value at beginningofyear|N/A|N/A|
|**Add:**additions to investments at cost|||
|**Less:**disposals at carryingvalue|||
|**N**etgain/(loss)on revaluation|||
|Carrying (market)value at end ofyear|||
## **St. Luke's Methodist Church Hoylake**
## **14. Analysis of current assets**
|**Debtors and prepayments**
Other debtors: uncleared cheque credit
Other debtors: HMRC - Gift Aid credit
**Total debtors and prepayments**
**Analysis of cash at bank**
Bank balance held in Santander a/c
Bank balance held in Co-operative a/c
Bank balance held in CFB General a/c
Bank balance held in Internal Organisations
Bank balance held in CFB Youth Worker
Bank balance held in CFB Mission
Bank balance held in CFB Lay Worker Account
Bank balance held in CFB Property Account
Bank balance held in CFB - Benevolence Fund a/c
Bank balance held in CFB - Food & Friends a/c
Trade Creditors:
Other Creditors:
**Total Current Liabilities**
**Total Cash and Bank**
**15. Analysis of current liabilities and long term creditors**
Pre paid assessments
Accrued income:
Other debtors: uncleared Transfer to General Fund from Mission A/c
Bank balance held in TMCP - Various Bequests Fund|**This year**
**£**
nil
nil
nil
nil
nil
0
268
5,081
46,617
1,753
9,334
89,502
234,364
6,068
3,126
1,605
86,319
**484,037**
nil
nil
**nil**|**Last year**
**£**|
|---|---|---|
|||nil|
|||nil|
|||nil|
|||nil|
|||nil|
|||0|
||||
|||243|
|||4,861|
|||38,825|
|||2,497|
|||8,869|
|||85,168|
|||262,630|
|||5,766|
|||3,930|
|||0|
|||82,117|
|||**494,905**|
||||
||nil|nil|
||nil|nil|
||**nil**|**nil**|
**16. Capital commitments and contingent liabilities**
At the 31st August 2024 the Church has no capital commitments.
No Contingent liabilities were identified at 31st August 2024.
## **St. Luke's Methodist Church Hoylake**
## **17. Loans and creditors due after one year**
## **Loans**
|**Loans**||||||
|---|---|---|---|---|---|
|**Source**|**Amount brought**
**forward**
**£**|
**New**
**borrowings**
**£**|
**Loan interest**
**£**|
**Repayable in**
**the year £**|**Balance at**
**year end**
**£**|
|N/A||||||
|||||||
|||||||
|||||||
|||||||
||||||Totals|
|Due within 12 months||||||
|Due after more than 12 months||||||
|Total||||||
## **Purpose of loans**
## **Creditors due after one year**
|**Name of creditor**|**Amount on 31-**
**Aug-2023**|
**Amount on 31-**
**Aug-2023**|
|---|---|---|
|N/A|||
||||
||||
||||
||||
|**Total**|||
## **St. Luke's Methodist Church Hoylake**
## **18. Detailed analysis of individual fund movements**
## **Unrestricted Funds:**
|**Unrestricted Funds:**|||||||
|---|---|---|---|---|---|---|
|**Fund Name**|**Opening Balance**|**Income**|**Expenditure**|**Transfers**|**Revaluation**
**gains/losses**|**Closing Balance**|
|**General Fund**(Santander &
Co-op Bank Accounts
& CFB General "No. 2" a/c)|43,928|84,510|76,473|0|0|51,966|
|Totals|43,928|84,510|76,473|0|0|51,966|
|**Designated Funds:**|||||||
|**Fund Name**|**Opening Balance**|**Income**|**Expenditure**|**Transfers**|**Revaluation**
**gains/losses**|**Closing Balance**|
|TMCP - Various Bequests Fund|82,117|4,437|234|||86,319|
|Totals|82,117|4,437|234|0|0|86,319|
_Note the bequests contained in the above fund are unrestricted and can therefore be used for any project agreed by the managing trustees._
## **Restricted Funds:**
|**Restricted Funds:**|||||||
|---|---|---|---|---|---|---|
|**Fund Name**|**Opening**
**Balances**|**Income**|**Expenditure**|**Transfers**|**Revaluation**
**gains/losses**|**Closing**
**Balances**|
|CFB Youth Worker|8,869|465|0|||9,334|
|CFB Mission|85,168|6,694|2,360|||89,502|
|CFB LayWorker Account|262,630|13,671|41,937|||234,364|
|CFB PropertyAccount|5,766|302|0|||6,068|
|CFB - Benevolence Fund a/c.|3,930|669|1,473|||3,126|
|CFB - Food & Friends a/c|0|2,005|400|||1,605|
|Internal Organisations|2,497|4,259|5,003|||1,753|
|Land & Buildings|6,252,515|0|0||218,908|6,471,422|
|Totals|6,621,375|28,065|51,173|0|218,908|6,817,175|
## **Endowment Funds**
|**Endowment Funds**|||||||
|---|---|---|---|---|---|---|
|**Restricted Fund Name**|**Opening Balance**|**Income**|**Expenditure**|**Transfers**|**Revaluation**
**gains/losses**|**Closing Balance**|
|N/A|||||||
|Totals|0|0|0|0|0|0|
|Fund purposes|||||||
|**Bank Account**|**Purpose**||||||
|Santander & Co-op Acounts|Ongoing use as Current account for General Fund.||||||
|CFB General ("No. 2")|Ongoing use as Deposit account for General Fund.
CircuitAssessment paid by standing order.||||||
|CFB Youth Worker|Restricted Fund - use as Deposit account for funds allocated to Youth & Children's Work.||||||
|CFB Mission|Restricted Fund - use as Deposit account for funds allocated to Mission projects.||||||
|CFB Lay Worker|Restricted Fund - use as Deposit account for funds allocated to Church Lay Worker(s).||||||
|CFB Property Account|Restricted Fund - use as Deposit account for funds allocated to major property repairs.||||||
|CFB Benevolent Fund|Restricted Fund - to support of those in need.||||||
|TMCP - Various Bequests Fund|Designated (Unrestricted) Fund - Bequests held by Trustees for Methodist Church Purposes.||||||
## **St. Luke's Methodist Church Hoylake**
||**St. Luke's Methodist Church Hoylake**|
|---|---|
||**Appendix A**|
||CHURCH COUNCIL MEMBERSHIP & KEY LAY WORKERS|
|MINISTER(S)|Rev Noel Sharp|
|LAY WORKER(S)|Mrs Cate Warbrick|
||Mrs Sam Hepworth|
|CHURCH SAFEGUARDING|CO-ORDINATOR|
||Anne-Marie Smith|
|CHURCH REPRESENTATIVES (OTHER MEMBERS OF THE CHURCH COUNCIL)||
|1|Alan Fowler|
|2|Andrew Kemp|
|3|Chrissie McLaren|
|4|Craig Price|
|5|Dave Hepworth|
|6|Jane Murch|
|7|Kathryn Fegan|
|8|Lynda McAndrews|
|9|Mark Jarvis|
|10|Mary Ann Aust|
|11|Noel Schorah|
|12|Penny Watson|
|13|Rachael Davies|
|14|Sandra Mealor|
|15|Trish Davies|
|17|Vicky Walton|
|18|Kirsty Jarvis|
## **St. Luke's Methodist Church Hoylake**
## **DECLARATIONS**
## **Treasurer**
I confirm that these accrual based accounts for the year ended 31 August 2024 have been prepared from the records of the Church and that they include all funds under the control of the Church Council.
Signature of Treasurer Date N. Schorah 06 December 2024 Name of Treasurer N.J. Schorah Address 27 Avondale Road, Hoylake, Wirral CH47 3AR **Presentation to the Church Council for approval.** I confirm that the annual report and accounts for the year ended 31 Aug 2024 were, or will be presented to the Church Council at its meeting on 16 January 2025
and were approved. Signature of the Chair of the Noel Sharp meeting Name of the Chair of the meeting Rev Noel Sharp
Date
## **Independent Examiner’s Report to the Trustees of the**
|**St. Luke's Methodist Church Hoylake**|**Church**|
|---|---|
|ccounts for the year ended 31stAugust||
||2024|
This Report is on the Church Accounts for the year ended 31[st] August
## **Respective responsibilities of Trustees and Examiner**
The Church's trustees are responsible for ensuring that the annual report and accounts for the year to 31 August 2024 present a true and fair view of the Church's income and expenditure for the year and of its assets and liabilities at the balance sheet date. The trustees consider that an audit is not necessary 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;
- 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
- to state whether particular matters have come to my attention.
## **St. Luke's Methodist Church Hoylake**
## **Basis of Independent Examiner’s 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, in nature or scale, or disclosures in the accounts, seeking explanations from the Trustees concerning 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. My 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 ( ~~other than as disclosed below*)~~
- (1) 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 2011.
• 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.
(3) I have ~~/have not*~~ obtained independent verification of all investments with the Trustees for Methodist Church Purposes or held in other trusts, bank balances and funds at the Central Finance Board of the Methodist Church which are individually in excess of £10,000 (ten thousand pounds) at the balance sheet date.
Name of independent Mr M. Chandler examiner Signature of independent _M Chandler ._ examiner
## Relevant Professional qualification or body
Chartered Accountant Name of firm (where appropriate) N/A Address 66 Barnhey Crescent, Meols, Wirral. CH47 9RR Date 8/1/25