2020-08-31-accounts - Westminster Methodist Circuit

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Church Accruals Accounts 2019-20

THE METHODIST CHURCH

STANDARD FORM OF ACCOUNTS

ACCRUALS BASIS

For the year ended 31 August 2020

METHODIST CENTRAL HALL WESTMINSTER

Registered Charity No 1145076

SUPERINTENDENT MINISTER

Revd Tony Miles

CHURCH STEWARDS

Emmanuel Asante Abdul Bah Esther Buckman Marie Rose Cameron Michael Davies Ynes Lightfoot-Taylor Frances Miles Anthony Boateng Stephen Olusola Omotayo Roberts Regina Boye Denzil Cummings-John

CHURCH TREASURER

Ama Ackah-Yensu

METHODIST CENTRAL HALL WESTMINSTER CHURCH TRUSTEES’ ANNUAL REPORT

Introduction

This Annual Report gives an account of the mission and ministry of The London Mission (Westminster) Methodist Circuit, through its single society Methodist Central Hall Westminster (MCHW). It represents a considerable commitment on the part of its members, who usually gather for worship and learning and then disperse in witness, engaging in various means of service.

Since March 2020, the challenges of the global COVID-19 pandemic have impacted our routine and ways of being, but we have taken steps to be proactive rather than reactive to ensure we remain true to our aims and objectives as an organisation.

Aims and Organisation

Our mission is to be a vital Christian presence in the heart of London. Our vision statement declared on the order of worship each week is: “Methodist Central Hall Westminster – a global Christian family following Jesus at the heart of London.” Surprisingly, the pandemic has opened up significant new opportunities for us to pursue this vision.

Review of the Year

Each week, and following the Christian year, people usually gather in our building from all over London and beyond for Sunday worship, midweek prayer and bible study. We also offer several opportunities for Christian learning and sharing. This routine enriches our Christian Community’s life and equips individuals to live out their faith by serving their families, neighbours, workplaces, and communities.

Since March 2020 this year, much of our ‘gathering’ has moved online, reaching a more significant number than we ever would have done by gathering in person. In June, our annual Membership Service, at which we welcome new Church members by way of Confirmation or Transfer, was sadly postponed. Nevertheless, we have a good number of people waiting to join the Methodist Church formally after lockdown. We also have many more from around the UK and globally who can now gather with us online, and we are exploring how we can best serve them in the future.

After our online Sunday services, we offer Zoom breakout rooms to provide fellowship and encouragement for those who have been isolated or lonely. We are in the process of revising our Mission Plan in response to the challenges and opportunities presented by the pandemic. During this time, we have always sought to implement Government and Connexional Methodist Church guidelines.

As with many churches, MCHW had to respond quickly when the pandemic struck, and public worship had to stop. At first, we live-streamed from our Chapel, but when our building had to be closed, we utilised White Light Ltd’s ‘SmartStage’. This technology was hugely successful. The total views for YouTube Live Streamed Services after just eight weeks using the SmartStage were 49.35k families or individuals. Our services were averaging about 6.37k each week, with the highest, 7.8k. Of these viewers, about 1,500 are listening ‘live’ (congregation typically 200-300)!

Last year, we refurbished our Chapel on the first floor of our building. We were able to close our appeal for this by 31st September 2020. Little did we know that this ambitious project would enable us to offer live-streamed services on returning to our newly equipped Chapel. We initially experienced a slight drop in views, but this was probably due to other churches offering online services. However, the figures remained extremely encouraging, and it could be argued that during the pandemic, we started reaching significantly more people than the Revd Dr William Sangster during the wartime crisis. We had 199 YouTube subscribers at the start of the pandemic, but the figure rose quickly to 3k this year.

Throughout this time, our Young People’s Fellowship and our Sanctuary congregation have continued using Zoom and seem to be thriving using this format. Our children’s programme was slower to adapt, but also managed to offer something online. The future is still very uncertain. In the meantime, we will continue to provide an act of worship online and send regular emails to our members and supporters through our database, ChurchSuite. We are seeking to maintain regular contact with those who need pastoral care and support.

In July 2020, we also launched a new ‘microsite’ as a step towards developing a new website and platform, as vastly increased visits online during the pandemic led to our site crashing. We now have a more robust hosting service that will cope with the increased level of traffic. Our top referrals are from YouTube, the CHW Ltd site, and Facebook. As with our YouTube channel, most visitors are from the UK, i.e., we are serving the Methodist Church in Britain significantly more than anywhere else.

The decision in June 2020 to extend Congestion Charging in Westminster to seven days a week from 7 am to 10 pm and at an increased charge of £15 will affect both Sunday services and our evening meetings in the future.

Ecumenical relationships remain real and strong, particularly with neighbouring Westminster Abbey and Westminster Cathedral. The presbyteral ministers also meet regularly with other church leaders in Westminster.

The annual Methodist Covenant Service in the Palace of Westminster, a recorded Carol Service for national radio, and a service for those who have lost children during pregnancy or very young infancy, took place once again. Jazz Vespers continues to add variety to our programme of evening services, including Jazz Carols at Christmas. We also produced a Good Friday service, broadcast on BBC Local Radio stations throughout the English regions.

During 2019/20, we believe we have continued to live our aims and objectives rooted in the Methodist Christian tradition.

Financial Review

When the Covid-19 pandemic hit the world halfway through our church year, no one had any idea how long it would last. We had to revise budgets – again and again – and adjust to steep falls in income from giving, as our building closed, and church services moved online. We were forecasting a deficit, but our God is indeed faithful in answering our prayers and not only kept us afloat but blessed us with a surplus!

The Church finished the year with a net income surplus of £3,030 (£65,642 in 2018/19) and therefore increased its funds from £ £358,128 in 2018/19 to £361,158

in 2019/20 (£60,882 in the General Fund and £300,276 in restricted and designated funds).

Church income in total was £576,599 taking us over the £500k threshold again this year. As a result, we have had to prepare a Statement of Cash Flows in order to comply with the requirements of the Charities Act 2011 and the Statement of Recommended Practice (SORP) 2015.

There was an increase in cash and cash equivalents of £6,515 compared to an increase of £77,438 in 2018/19. The higher figure in 2018/19 was mainly due to the donations made to the Chapel Refurbishment Fund in that year.

The statement of accounts for the year ended 31[st] August 2020 is attached.

Income

General Fund income increased to £503,466 in 2019/20 (2018/19 £495,576). Within the overall increase of £7.9k, the main movements are shown below:

Decrease in offerings and tax recoverable (£16.6k)
Decrease in donations (£2.2k) and decrease in Anniversary Giving (£2.3k)
Increase in Trustees’ Grant (£12.4k)
Decrease in Use of Rooms (£7.5k)
Increase in Income from Special Events (£5.0k) due to the Fun and Fellowship Weekend in early 2020
Covid-19 Job Retention Scheme grant in 2019/20 of £21.0k

The decrease in all the income categories has been due to the suspension of church services and activities as a result of the Covid-19 pandemic.

Income in Restricted and Designated Funds was £73.1k. This represented a decrease of £100k from 2018/19, largely due to a fall in: –

Chapel Renewal Fund income (£83.1k – the appeal was launched and closed in 2018/19)
income for the Music and Worship Legacy Fund (£49.9k – a one-off legacy received in 2018/19).

These decreases were offset by income of £43.5k to the newly set-up fund for Live Streaming of Services in 2019/20, in response to the lockdowns during the pandemic.

Expenditure

General Fund spending has increased by £78.2k to £483.6k (2018/19 £405,532). There were some key variances within these total figures:

Staff salaries increased by £11.5k. In 2019/20, staff costs included the addition of Healing Ministry staff, but a reduction in Finance Staff Costs.
The payment to the Circuit increased by £65.6k. A decrease in rental income to the Circuit, coupled with increasing Circuit expenditure led to the Church having to meet the bigger shortfall.
Expenditure on Church Groups and events increased by £5.9k due the purchase of equipment for the Crèche and the Fun and Fellowship Weekend in early 2020.

Music Account expenditure decreased by £9.1k due to Covid-19 restrictions reducing the number of services with live worship.
Other expenditure increased by £4.5k due to Website Development in order to meet the increased demand for an online presence.
Advertising costs have decreased by £6.2k. Apart from running fewer radio ads, in 2018/19 there was a one-off payment for outstanding invoices relating to prior years.

Designated and Restricted Fund expenditure decreased by £107.7k to £89,886 (2018/19 £197,605). The key movements are detailed below:

Chapel Refurbishment £2.4k compared to £146k in 2018/19
£43.5k of income in 2019/20 to support the Live Streaming of Services during Covid-19 restrictions

Total Funds for the Church have increased to £361,158 (2018/19 £358,128) with £60,882 (2018/19 £66,960) in the General Fund and £300,276 in Restricted and Designated Funds (2018/19 £291,168).

In 2019/20, £25.9k has been transferred from Church General Funds to Designated / Restricted Funds, which include:

£4.4k to the Chapel Renewal Fund
£21.4k to the Tithe Fund

General designated reserves (contingency) now stand at £148k, which represents approximately six months’ worth of average expenditure (including payments to the Circuit). There will be no increase in the Fund in 2019/20. The Reserve Fund is included within the Designated Total.

We are truly thankful for God’s grace and favour, which has sustained the Church, for the Managing Trustees and the Connexion, the staff of Central Hall Westminster Ltd, our members and regular worshippers (new and not so new) and supporters from all over whose prayers, generosity and support have sustained us throughout this most unusual year. To God be the glory! We look forward to exciting times ahead.

Plans for 2020/21

Financial plans have been prepared on the basis that staff levels within the Church will remain the same. The grant from the Managing Trustees is expected to be reduced by 50% because of the impact of the Covid-19 pandemic. Together with a reduced level of giving, we are budgeting for a deficit of £104k, which will be absorbed by our reserves.

METHODIST CENTRAL HALL WESTMINSTER CHURCH

Trustee’s Annual Report on Finance and Governance

The Charity’s annual report and accounts for the year ended 31 August 2020 have been prepared in accordance with the Charities Act 2011 and the Statement of Recommended Practice 2015 applicable to charities preparing their accounts in accordance with the Financial Reporting Standard in the UK and Republic of Ireland issued in July 2014.

Full Name of Church :

Methodist Central Hall Westminster

Charity Registration Number: 1145076

Date of registration: 15 December 2011

Main communication address: Methodist Central Hall, Storey’s Gate, Westminster, London SW1H 9NH

The members of the Methodist Central Hall Westminster Church Council are the Charity Trustees, membership being made up of circuit and church office holders, ministers and representatives appointed by the church at the Annual Church Meeting. A full list of Council membership is shown in the notes to this report.

Circuit Stewards: Genevieve Patnelli (Senior) Wesley Gibbs Daniella Fetuga-Joensuu Ama Ackah-Yensu Treasurer: Ama Ackah-Yensu Independent Examiner: Buzzacott LLP 130 Wood St London EC2V 6DL

Bank: HSBC

The Peak 333 Vauxhall Bridge Road Victoria London SW1V 1EJ

Investment Bankers: Central Finance Board of the Methodist Church

Aims and Objectives

The charity’s objective is to act as a resource provider within the area around Westminster for the Methodist Church:

It aims to be a vital Christian presence in the heart of London.

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.

Public Benefit

We confirm that 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 and Circuit Stewards and Ministerial Team with input from the Leadership Team.

Trusteeship is exercised by the elected members of the Church Council.

Trustee Training

Trustees are pointed to a range of guidance produced by The Methodist Connexion to support the effective running of the church and the role of Trustees.

Related Parties

The Church, like all local Methodist Churches is situated in a Circuit and is part of the Methodist Church of Great Britain. It consequently locates itself in both its polity and structure. In structural terms the Church is the single Methodist Society in the Westminster Circuit, which is one of some 35 circuits (groupings of local churches) making up the London Methodist District. In terms of Polity and Constitution, it, like all Methodist circuits, is accountable to the annual Methodist Conference.

Somewhat unusually, the Westminster Circuit consists of only one local society (church): Methodist Central Hall Westminster, which consequently is constituted so that wherever possible, local church and local circuit matters share the same constitution (by applying annually Methodist Standing Order 511).

Another unusual aspect of the Circuit/Church is the fact that its Trustees are appointed annually by the annual Conference of the Methodist Church of Great Britain, rather than, more commonly, the circuit meeting and church council.

A third related party, in addition to the Circuit and the Trustees is Central Hall Westminster Ltd, a not-for-profit company formed in 1999 to run an events and conference business using the large and prestigious premises in central London.

Regular meetings of each of these three entities take place, with the Superintendent and Deputy Superintendent Ministers being members of each of the three, thereby having a strategic overview of the total ministry of the Circuit and its related parties.

Risk Management

The major risks associated with the life and ministry of the Church, located in Methodist Central Hall Westminster, are identified and recorded by the Trustees, with professional advice taken as required. An annual review process is undertaken and recorded.

In terms of financial governance, income and expenditure are regularly and routinely monitored, and are compared with the approved annual budget on at least a quarterly basis to detect trends as part of the risk management process and to avoid unforeseen calls on reserves.

We note the following items, all of which are noted on the Risk Register.

An annual grant to the Circuit is given by the Trustees. This is made possible by profits made by Central Hall Westminster Ltd. Any ‘lean years’ – and particularly several lean years – would affect the ability of the Trustees to award the grant.
The impact of the COVID-19 pandemic on the operations of Central Hall Westminster Ltd has been immense. The building’s closure and consequent hibernation of the business has meant that profits which would have been tithed to the Trustees have dried up, thus impacting their ability to provide the same level of grant to the Church, as with previous years.
The as yet unknown plan relating to the ‘decanting’ of the House of Commons and House of Lords from the Palace of Westminster. Methodist Central Hall Westminster is, because of its proximity, one of a handful of buildings currently in conversation with ‘Black Rod’ about what are termed “business continuity talks”.
The ever-present risk of terror attacks and security breaches, given the location of the church. For the past three years the Metropolitan Police have estimated the risk of such as ‘severe’, and give regular security briefings to Circuit officials as to office holders of other large buildings in and around Parliament Square.
The damage to reputation, given the high usage of the premises by very many clients.
Safeguarding risks, exacerbated by the very high numbers of people using the building each week. In line with Methodist rulings, safeguarding procedures have, and continue to be improved and overhauled.

Safeguarding

Every person has a value and dignity which comes directly from the creation of male and female in God’s own image and likeness. Christians see this potential as fulfilled by God’s re-creation of us in Christ. Among other things this implies a duty to value all people as bearing the image of God and therefore to protect them from harm.

Methodist Connexional practice outlines commitment to the following principles:

The care and nurture of, and respectful pastoral ministry with, all children, young people and adults.
The safeguarding and protection of all children, young people and adults when they are vulnerable.
The establishing of 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 disclosures and registration with the relevant vetting and barring schemes.
We will respond without delay to every complaint made which suggests that an adult, child or young person may have been harmed, cooperating with the police and local authority 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 seek to offer pastoral care and support, including supervision and referral to the proper authorities, to any member of our church community known to have offended against a child, young person or vulnerable adult.
In all these principles we will follow legislation, guidance and recognised good practice.

The Methodist Central Hall Westminster Church commits itself to: -

Ensuring the implementation of Connexional Safeguarding Policy; government legislation, guidance and safe practice in the circuit and in the churches.
The provision of support, advice and training for lay and ordained people that will ensure people are clear and confident about their roles and responsibilities in safeguarding and promoting the welfare of children and adults who may be vulnerable.

The Safeguarding Policy is approved annually by the Church Council and revised in line with guidelines and directives from the Methodist Church of Great Britain.

Reserves Policy

The Reserves Policy for the Church is to hold a contingency sum equivalent to a minimum of three months’, and ideally six months’, average expenditure. This should be sufficient to meet any unforeseen item of major expenditure and/or to be able to continue, in the short term, funding planned activities in the event of any inability to

raise funds to cover the Church’s full expenses, including the assessment payable to the Circuit.

The Contingency Fund as at 31 August 2020 was £148k, which is equivalent to approximately six months’ average expenditure.

In addition to the Contingency there is a General Fund surplus of £56.5k

However, with the continuing social distancing measures due to the pandemic and the resulting budgeted deficit of for 2020/21, the Contingency Fund is expected to reduce to approximately three months’ worth of average expenditure.

Signed: _______ Revd Anthony Miles (Chair of Trustees)

Date: 17[th] March 2021

METHODIST CENTRAL HALL WESTMINSTER - CHURCH ACCOUNTS

Statement of Financial Activities (SOFA) for the Year Ended 31 August 2020

	Notes	Unrestricted Fund (General)	Designated Funds	Resrticted Funds	2019/20 Totals	2018/19 Totals
		£	£	£	£	£
Income and Endowments From:
Donations and Legacies
Offerings andTax recoverable	13	153,979	0		153,979	170,547
Donations	13	24,763	0		24,763	26,954
Anniversary Giving		13,001	0		13,001	15,303
Grant (Trustees)	14	260,328	0		260,328	247,884
DonationsforUse of Rooms		3,283	0		3,283	10,812
Visitors Services & Catering	15	1,131	0		1,131	2,257
Interest and Investment Income	16	2,231	0		2,231	2,077
Other					0
Special Events	17	23,043	0		23,043	18,031
ChurchGroups	18	704	0		704	1,711
Covid-19Furlough		21,003			21,003	0
DesignatedFunds (SeeNotesFundDetails)	12	0	5,142		5,142	3,857
Restricted Funds(See Notes Fund Details)		0		67,991	67,991	169,345
Total Income and Endowments		503,466	5,142	67,991	576,599	668,778

METHODIST CENTRAL HALL WESTMINSTER - CHURCH ACCOUNTS

Statement of Financial Activities (SOFA) for the Year Ended 31 August 2020

Expenditure	Notes	Unrestricted Fund (General)	Designated Funds	Resrticted Funds	2019/20 Totals	2018/19 Totals
		£	£	£	£ £
Office &Ministry Staff		70,317	0		70,317	58,809
Net Payment for Circuit Expenses excluding mortgage repayments		222,744	0		222,744	157,186
Office Supplies-StaffandEquipment	19	26,271	0		26,271	20,853
Internal Organisations and Events					0
Sanctuary		2,131			2,131	2,160
ChurchGroups	20	6,109	0		6,109	4,244
Special Events	21	34,002	0		34,002	29,971
Other Expenditure					0
MusicAccount	22	44,839	0		44,839	53,973
Otherexpenditure	23	20,233	0		20,233	15,729
Advertising		9,827	0		9,827	16,049
Grants &Donations	24	47,210	0		47,210	46,557
DesignatedFunds (SeeNotesFundDetails)	12	0	29,744		29,744	27,453
Restricted Funds(See Notes Fund Details)		0	0	60,142	60,142	170,152
Total Expenditure		483,683	29,744	60,142	573,569	603,136
Net Income / (Expenditure)		19,783	(24,602)	7,849	3,030	65,642
TransfersBetween RestrictedFunds and General Funds		(25,861)	21,473	4,388	0	0
NetIncome aftertransfers		(6,078)	(3,129)	12,237	3,030	65,642
Total funds brought forward		66,960	230,390 60,778		358,128	292,486
Total funds carried forward		60,882	227,261	73,015	361,158	358,128

Money received and passed on to External Organisations (For information only)

Balance brought forward from last year

Offerings/Gifts - received for External Organisations Offerings/Gifts - passed to External Organisations Balance carried forward

2019/20 £	2018/19 £
2,201	2,403
12,441	15,027
12,318	15,229
2,324	2,201

METHODIST CENTRAL HALL WESTMINSTER - CHURCH ACCOUNTS

CHURCH BALANCE SHEET for the Year Ended 31 August 2020

	Notes	Unrestricted Fund (General)	Designated Funds	Restricted Funds	2019/20 Totals	2018/19 Totals
Current Assets		£	£	£	£	£
Debtors and prepayments	25	48,477	0	8,076	56,553	61,587
Cashat bankandin hand	26	20,103	0	536	20,640	102,211
Central FinanceBoard deposit	27	41,563	227,262	64,943	333,768	245,679
*Total current assets*		110,143	227,262	73,555	410,960	409,477
Creditors (dueinunder 1year) & unusedfunds	28	(49,261)		(540)	(49,801)	(51,350)
Net current assets		60,882	227,262	73,016	361,159	358,128
Total assets less current liabilities		60,882	227,262	73,016	361,159	358,128
*Net assets*		60,882	227,262	73,016	361,159	358,128
Funds of the Church
UnrestrictedFund (General)		60,882		0	60,882	66,961
Other Funds (restricted & designated)		0	227,262	73,016	300,278	291,167
*Total funds*		60,882	227,262	73,016	361,159	358,128

I confirm that these accrual based accounts for the year ended 31 August 2020 have been prepared from the records of the Church and that they include all funds under the control of the Church Council.

Signed:

________

Date:_ 17[th] March 2021

Ama Ackah-Yensu (Treasurer)

I confirm that the annual report and accounts for the year ended 31 Aug 2020 were, presented to the Church Council at its meeting on 17 March 2021and were approved.

Signed:

__________ Revd Anthony Miles (Chair of the Church Council)

Date: 17[th] March 2021

METHODIST CENTRAL HALL WESTMINSTER - CHURCH ACCOUNTS

CHURCH STATEMENT OF CASH FLOW FOR ThE YEAR ENDED 31 AUGUST 2020

Cash flows from Operating Activities	2019/20	2018/19
	£	£
Net Cashprovided by OperatingActivities	4,284	75,359
Cash flows from Investing Activities
Dividends,interest andrentsfrom investments	2,231	2,077
Net Cash flows used in Investing Activities	2,231	2,077

Change inCash and Cash Equivalents inthe Reporting period	6,515	77,436
Cash and Cash Equivalents at the beginning of the period	347,890	270,456
Cash and Cash Equivalents at the end of the Reporting Period	354,405	347,892
CHURCH RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
	2019/20	2018/19
	£	£
Net Income for the Reporting Period (as per Statement of Financial Activity)	3,030	65,642
Adjustmentsfor:
DividendsInterest andrentsfrom investments	(2,231)	(2,077)
(Increase) / decreaseindebtors	5,035	(23,115)
Increase / (decrease)increditors	(1,549)	34,909

Net Cash Provided by Operating Activities	4,285	75,359
CHURCH ANALYSIS OF CASH AND CASH EQUIVALENTS
	2019/20	2018/19
	£	£
Cash in Hand	354,408	347,890

Total Cash and Cash Equivalents	354,408	347,890

METHODIST CENTRAL HALL WESTMINSTER - CHURCH ACCOUNTS

Statement of Financial Activities (SOFA) for the Year Ended 31 August 2019

	Notes	Unrestricted Fund (General) £	Designated Funds £	Restricted Funds £	2018/19 Totals £
Income and Endowments From:
Donations and Legacies
Offerings andTax recoverable	13	170,547		0	170,547
Donations	13	26,954		0	26,954
Anniversary Giving		15,303		0	15,303
Grant (Trustees)	14	247,884		0	247,884
DonationsforUse of Rooms		10,812		0	10,812
Visitors Services & Catering	15	2,257		0	2,257
Interest and Investment Income	16	2,077		0	2,077
Other
Special Events	17	18,031		0	18,031
ChurchGroups	18	1,711		0	1,711
DesignatedFunds (SeeNotesFundDetails)	12	0	3,857	0	3,857
Restricted Funds(See Notes Fund Details)		0		169,345	169,345
Total Income and Endowments		495,576	3,857	169,345	668,778

METHODIST CENTRAL HALL WESTMINSTER - CHURCH ACCOUNTS

Statement of Financial Activities (SOFA) for the Year Ended 31 August 2019

Expenditure	Notes	Unrestricted Fund (General)	Unrestricted Fund (General)	Restricted Funds	2018/19 Totals
				£	£
Office &Ministry Staff		58,809		0	58,809
Net Payment for Circuit Expenses excluding mortgage repayments		157,186		0	157,186
Payment to Circuitfor MortgageRepayments				0	0
Office Supplies	19	20,853		0	20,853
Internal Organisations and Events
ChurchGroups	5	2,160			2,160
Sanctuary		3,744		0	3,744
Special Events	21	29,971		0	29,971
Other Expenditure
MusicAccount	22	53,973		0	53,973
Otherexpenditure	23	16,229		0	16,229
Advertising		16,049		0	16,049
Grants &Donations	24	46,557		0	46,557
DesignatedFunds (SeeNotesFundDetails)		0	27,453		27,453
Restricted Funds(See Notes Fund Details)		0		170,152	170,152
Total Expenditure		405,531	27,453	170,152	603,136
Net Income /(Expenditure)		90,045	(23,596)	(807)	65,642
TransfersBetween RestrictedFunds and General Funds		(52,585)	(4,835)	57,420	0
NetIncome / (Expenditure) aftertransfers		37,460	(28,431)	56,613	65,642

Total funds brought forward		29,500	258,821	4,165	292,486
Total funds carried forward		66,960	230,390	60,778	358,128

METHODIST CENTRAL HALL WESTMINSTER - CHURCH ACCOUNTS CHURCH BALANCE SHEET for the Year Ended 31 August 2019

	Notes	Unrestricted Fund(General)	Designated Funds	Restricted Funds	2018/19 Totals
Current Assets		£	£	£	£
Debtors and prepayments	25	53,087	0	8,500	61,587
Cashat bankandin hand	26	60,103		42,108	102,211
Central FinanceBoard deposit	27	0	230,390	15,289	245,679
*Total current assets*		113,190	230,390	65,897	409,477
Creditors (dueinunder 1year) & unusedfunds	28	(46,230)	0	(5,120)	(51,350)
Net current assets		66,961	230,390	60,777	358,128
Total assets less current liabilities		66,961	230,390	60,777	358,128
*Net assets*		66,961	230,390	60,777	358,128
Funds of the Church
UnrestrictedFund (General)		66,961	0	0	66,961
Other Funds (restricted & designated)		0	230,390	60,777	291,167
*Total funds*		66,961	230,390	60,777	358,128

METHODIST CENTRAL HALL Westminster Church

Notes to the Financial Statements for the year ended 31 August 2020

1. Basis of accounting

These financial statements are prepared on a going concern basis, under the historical cost Convention.

The financial statements have been prepared in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The Charity is a public benefit entity for the purposes of FRS 102 and therefore the Charity also prepared its financial statements in accordance with the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (The FRS 102 Charities SORP) and the Charities Act 2011.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest pound.

The principal accounting policies adopted in the preparation of the financial statements are set out below.

Going Concern

After making reasonable enquiries the Trustees have a reasonable expectation that the Church has adequate resources to continue in operational existence for the foreseeable future and do not consider there to be any threat to the going concern status. Therefore, the Trustees continue to adopt the going concern basis in preparing the financial statements and confirm there are no material uncertainties at the date of the approval of these financial statements.

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 the notes to the Accounts.

3. Accounting Policies

Basis

These accounts have been prepared under the historical cost convention 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 funds, the receipt is probable and the amount can be measured reliably.

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.

Cash and Cash Equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

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

These are capitalised if they can be used for more than one year, and individually cost at least £1,000. There is no freehold property owned by the Church.

Financial instruments

Basic financial instruments are measured at amortised cost.

Debtors and creditors

Debtors and creditors receivable or payable within one year of the reporting date are carried at their transaction price and subsequently measured at amortised cost less any impairment.

Critical accounting estimates and areas of judgement

In preparing financial statements it is necessary to make certain judgements, estimates and assumptions that affect the amounts recognised in the financial statements. There are no judgements and estimates are considered by the Trustees to have a significant effect on amounts recognised in the financial statements.


4.Donations and legacies	Unrestricted	Restricted	2020 Total	2019 Total
	£	£	£	£
Collections	120,241	68,281	188,522	311,898
Taxcredits	-	-	0	0
Donations	1,667	-	1,667	1,797
Total	121,908	68,281	190,190	313,695

5. Other trading activities	Unrestricted	Restricted	2020 Total	2019 Total
	£	£	£	£
CD Project		-	-	-
Total	-	-	-	-

6. Investment income	Unrestricted	Restricted	2020 Total	2019 Total
	£	£	£	£
Central FinanceBoard	2,194		2,194	2,055
Other	37		37	22
Total	2,231	-	2,231	2,077

7. Trustees

None of the Trustees, or persons connected with them, received any remuneration or other benefits from the Church or any connected organisation as a result of their office during the year ended 31 August 2019.

	2019/20	2018/19
Number of trustees who were paid expenses	5	5
	£	£
Total amount paid	6,258	18,407

Nature of expenses claimed: Car mileage, public transport, hospitality and miscellaneous.

These expenses have been incurred by the trustees in the course of fulfilling their pastoral responsibilities.

8. Independent Examiners Fees

. Independent Examiners Fees
Fees for reporting on the accounts Other fees (for advice, accountancy services etc) Total	2019/20 £ 1,680 0 1,680	2018/19 £ 2,340 0
		2,340

9. Paid Employees

Staff costs (excluding stipends) during the year were as below: -

Gross wages, salaries and benefits in kind Employer's National Insurance Pension costs Total Staff Costs Average number of full-time equivalent employees in the year were	2019/20 2018/19 £ £ 79,745 68,625 4,212 3,614 9,980 10,301
	93,937 82,540
	3.9 3.1

10. Reserves Policy

General Funds held

2019/20	2018/19
£	£
148,000	148,000

Reserves have been increased by £4k in 2019/20 and the current level is equivalent to nearly 6 months of average expenditure including payments made to the Circuit.

Policy for Restricted Funds

No policy as such except that such funds may only be used for the purpose for which they have been given / donated.

Terms relating to Endowment Funds

No such funds are held by the church.

This Reserves Policy has been approved by the Church Council.

11. Related Parties

Name of related party	Description of transaction	Income from related party during the year	Payments to related party during the year	Loans to related party during the year	Amounts owed by related party as on 31 Aug 2020
		£	£	£	£
JMA	Donations received by Church Members	0	610	0	(0)
Fund for Support of Presbyters &Deacons	Gift made by Church	0	200	0	0
Fundfor Property		0	330	0	0
London Mission Fund Payment		0	200	0	0
Total		0	1,340	0	(0)

12. Details of Designated and Restricted Funds

2.Details of Designated and Restric	ted Funds
	Balance B/F 01/09/19	2019/20			Balance C/F 31/08/20
*CHURCH FUNDS*		Income	Expenditure	Transfer Between Funds
FUNDS	£	£	£	£
General- Designated
Sunday Catering	594	1,502	(831)	0	1,265
Tithe	20,729	0	(22,700)	21,413	19,442
TitheReserve	3,400	0	0	0	3,400
CD Project	13,967	0	0	0	13,967
AVA& Server Replacement	22,030	0	(5,000)	0	17,030
Church Space Refurbishment & Maintenance	20,858	3,000	0		23,858
Fees to be Paid for Special Services	813	640	(1,213)	60	300
Contingency	148,000	0	0	0	148,000
TOTAL DESIGNATED	230,390	5,142	(29,744)	21,473	227,262

Restricted
Monday Guild	282	80	0	0	362
Flower Fund	500	1,515	(1,596)	40	459
HymnSheetFund	1,691	960	(343)	0	2,308
SpecialOfferings to beDonated	(1)	11,057	(10,806)	(263)	(13)
Night Shelter	1,362	0	126	0	1,488
WelcomeBox Project	593	0	0	0	593
Christian Aid	0	365	(365)	0	0
WorldMission EasterOffering	0	205	(200)	0	5
Action ForChildren	0	0	0	0	0
JMA	0	610	(610)	0	0
Benevolent Fund	11,489	2,546	(7,290)	203	6,948
Chapel Renewal	0	2,475	(6,923)	4,448	0
Music & WorshipLegacy	44,862	788	0	0	45,650
Friends of Westminster	0	100		0	100
Ghana Fellowship	0	4,104	(2,800)	(40)	1,264
Live Streamed Service	0	43,188	(29,336)	0	13,851
Total Restricted Funds	60,778	67,993	(60,141)	4,388	73,009

TOTAL RESTRICTED & DESIGNATED FUNDS	291,169	73,134	(89,885)	25,861	300,275

General Fund	66,960	503,466	(483,683)	(25,861)	60,882

TOTAL FUNDS	358,129	576,600	(573,569)	0	361,159

The balance of Designated and Restricted Funds has increased by £9.436. There has been a transfer from Church General Funds of £25,901. The following are the significant amounts that have been allocated:

£4,448 to Chapel Renewal
£21,413 to the Tithe Fund for distribution to other charitable organisations nominated by church members.

CHURCH - NOTES TO THE FINANCIAL STATEMENTS

2019 /20 £ £ 56,324 35,982 27,805 31,767 1,667 434 153,979 24,763 178,742 18,468 26,016 215,844 260,328 1,131 1,131 37 2,194 2,231 2,795 1,378 10 810 293 0 5,037 0 1,059 9,363 2,298 23,043 65 0 0 483 156 704	2018 /19 £ £ 63,953 37,951 40,087 26,197 1,797 562	2018 /19 £ £ 63,953 37,951 40,087 26,197 1,797 562
18,468 26,016 215,844	17,964 25,308 204,612	170,547 26,954
		197,501

1,131	2,257	247,884

37 2,194	22 2,055	2,257

2,795 1,378 10 810 293 0 5,037 0 1,059 9,363 2,298	3,826 1,152 2,583 630 1,791 780 4,455 1,605 1,329 0 (120)	2,077

65 0 0 483 156	330 148 302 480 451	18,031

		1,711

CHURCH - NOTES TO THE FINANCIAL STATEMENTS

2019 /20 £ £ 4,710 2,061 1,239 5,030 736 1,528 8,969 1,998 26,271 553 100 3,222 0 0 340 0 343 892 659 6,109 4,031 3,348 2,020 3,251 520 9,389 0 7,659 2,527 1,196 60 34,001 43,082 1,758 44,840	2018 /19 £ £ 7,015 3,072 3,799 1,033 350 0 4,957 627	2018 /19 £ £ 7,015 3,072 3,799 1,033 350 0 4,957 627
553 100 3,222 0 0 340 0 343 892 659 4,031 3,348 2,020 3,251 520 9,389 0 7,659 2,527 1,196 60	695 155 426 1,048 40 216 948 0 500 216	20,853

	5,139 2,242 2,704 2,132 3,746 0 1,966 6,701 3,366 1,675 300	4,244

43,082 1,758	50,894 3,079	29,971

		53,973

CHURCH- NOTES TO THE FINANCIAL STATEMENTS 2019 /20 RESOURCES EXPENDED £ £ *Note 23 - Other expenditure* Pulpit supply 3,090 Lay training 2,006 Website development & maintenance 7,657 In-house hospitality / Volunteers Dinner 631 Hospitality & Restaurant Vouchers (1,712) Bank charges 519 Church Insurance 0 Miscellaneous 4,081 Materials and Items for Services -658 Subscriptions 1,449 Independent Examiners Fees 3,170 20,233 *Note 24 Grants & Donations* The Fund for the Support of Presbyters and Deacons (previously Auxiliary Fund) Payment 200 Property Fund 330 London Mission Fund 200 730 St Vincent's Family Project 44,480 The Gate Crisis Pregnancy Centre 2,000 47,210	CHURCH- NOTES TO THE FINANCIAL STATEMENTS 2019 /20 RESOURCES EXPENDED £ £ *Note 23 - Other expenditure* Pulpit supply 3,090 Lay training 2,006 Website development & maintenance 7,657 In-house hospitality / Volunteers Dinner 631 Hospitality & Restaurant Vouchers (1,712) Bank charges 519 Church Insurance 0 Miscellaneous 4,081 Materials and Items for Services -658 Subscriptions 1,449 Independent Examiners Fees 3,170 20,233 *Note 24 Grants & Donations* The Fund for the Support of Presbyters and Deacons (previously Auxiliary Fund) Payment 200 Property Fund 330 London Mission Fund 200 730 St Vincent's Family Project 44,480 The Gate Crisis Pregnancy Centre 2,000 47,210	2018 /19 £ £ 2,071 1,356 1,287 1,422 3,286 160 98 275 4,578 365 832	2018 /19 £ £ 2,071 1,356 1,287 1,422 3,286 160 98 275 4,578 365 832
RESOURCES EXPENDED *Note 23 - Other expenditure* Pulpit supply Lay training Website development & maintenance In-house hospitality / Volunteers Dinner Hospitality & Restaurant Vouchers Bank charges Church Insurance Miscellaneous Materials and Items for Services Subscriptions Independent Examiners Fees *Note 24 Grants & Donations* The Fund for the Support of Presbyters and Deacons (previously Auxiliary Fund) Payment Property Fund London Mission Fund St Vincent's Family Project The Gate Crisis Pregnancy Centre
	200 330 200	400 660 400	15,730

			1,460 43,097 2,000
			46,557

CHURCH- NOTES TO THE FINANCIAL STATEMENTS 2019 /20 BALANCE SHEET NOTES £ £ *Note 25 - Debtors and Prepayments* Debtors Accrued Income Gift Aid for General Fund 37,552 Covid-19 Furlough 8,401 Overpayment to Company in Prior Years 404 RESTRICTED Gift Aid for Chapel Renewal Fund 8,076 Owed by Circuit 2,120 56,553 Prepayments Fun and Fellowship Weekend 0 Circuit 0 0 56,553 *Note 26 - Cash at Bank and in hand* General Fund - HSBC Current Account 19,548 General Fund Sanctuary Account 309 General Fund Petty Cash 247 Restricted Funds - Benevolent 536 20,640 *Note 27 - Central Finance Board* Designated Funds 227,262 Restricted Funds 64,943 General Fund 41,563 Restricted / Designated Funds 333,768 333,768 *Note 28 - Creditors (due in under 1 year) and* *unused funds c/fwd.* Accrued Expenses Independent Examiners Fees 1,680 Staff expenses / Musicians 1,494 Lay Training 0 Hospitality 118 Digital Outreach Salary & Expenses 29 Youth Worker Salary 0 Photocopying & Printing 439 Stationery / Books / Materials for Services 124 Computer Supplies & Multimedia 1,491 Website Maintenance & Development 110 Church Groups & Events 0 Grants & Donations 0 Advertising 4,313 Miscellaneous & items for Services 1,149 Owed to Circuit 38,314 Designated / Restricted Funds 540 49,801 Prepaid Income Church General Fund 0 Circuit Reallocation 0 0 49,801	CHURCH- NOTES TO THE FINANCIAL STATEMENTS 2019 /20 BALANCE SHEET NOTES £ £ *Note 25 - Debtors and Prepayments* Debtors Accrued Income Gift Aid for General Fund 37,552 Covid-19 Furlough 8,401 Overpayment to Company in Prior Years 404 RESTRICTED Gift Aid for Chapel Renewal Fund 8,076 Owed by Circuit 2,120 56,553 Prepayments Fun and Fellowship Weekend 0 Circuit 0 0 56,553 *Note 26 - Cash at Bank and in hand* General Fund - HSBC Current Account 19,548 General Fund Sanctuary Account 309 General Fund Petty Cash 247 Restricted Funds - Benevolent 536 20,640 *Note 27 - Central Finance Board* Designated Funds 227,262 Restricted Funds 64,943 General Fund 41,563 Restricted / Designated Funds 333,768 333,768 *Note 28 - Creditors (due in under 1 year) and* *unused funds c/fwd.* Accrued Expenses Independent Examiners Fees 1,680 Staff expenses / Musicians 1,494 Lay Training 0 Hospitality 118 Digital Outreach Salary & Expenses 29 Youth Worker Salary 0 Photocopying & Printing 439 Stationery / Books / Materials for Services 124 Computer Supplies & Multimedia 1,491 Website Maintenance & Development 110 Church Groups & Events 0 Grants & Donations 0 Advertising 4,313 Miscellaneous & items for Services 1,149 Owed to Circuit 38,314 Designated / Restricted Funds 540 49,801 Prepaid Income Church General Fund 0 Circuit Reallocation 0 0 49,801	2018 /19 £ 34,574 0 8,500 0	2018 /19 £ 34,574 0 8,500 0
BALANCE SHEET NOTES *Note 25 - Debtors and Prepayments* Debtors Accrued Income Gift Aid for General Fund Covid-19 Furlough Overpayment to Company in Prior Years RESTRICTED Gift Aid for Chapel Renewal Fund Owed by Circuit Prepayments Fun and Fellowship Weekend Circuit *Note 26 - Cash at Bank and in hand* General Fund - HSBC Current Account General Fund Sanctuary Account General Fund Petty Cash Restricted Funds - Benevolent *Note 27 - Central Finance Board* Designated Funds Restricted Funds General Fund Restricted / Designated Funds *Note 28 - Creditors (due in under 1 year) and* *unused funds c/fwd.* Accrued Expenses Independent Examiners Fees Staff expenses / Musicians Lay Training Hospitality Digital Outreach Salary & Expenses Youth Worker Salary Photocopying & Printing Stationery / Books / Materials for Services Computer Supplies & Multimedia Website Maintenance & Development Church Groups & Events Grants & Donations Advertising Miscellaneous & items for Services Owed to Circuit Designated / Restricted Funds Prepaid Income Church General Fund Circuit Reallocation
	0 0	1,558 16,955	43,074 18,513
	227,262 64,943 41,563	245,679 0 0
			61,587
			59,608 309 189 42,108
			102,214
			245,679
	1,680 1,494 0 118 29 0 439 124 1,491 110 0 0 4,313 1,149 38,314 540	850 8,140 300 3,117 1,324 1,057 1,638 4,470 2,828 874 1,271 1,460 2,157 117 0 5,120
			245,679

	0 0	692 15,935	34,723
			16,627

			51,350

Church Trustees – 2019/20

The following served as trustees during the year and/or were trustees at the date of signing the accounts.

Revd. Dr. Martyn Atkins Joe Awotwi Revd. Tony Miles Esther Thomas Deacon Alison McMillan Philippa Muir Revd. Gordon Newton Grace Sangmuah Genevieve Patnelli Ron Fennell Wesley Gibbs Charlotte Rankin Marie Rose Cameron Christina Asare Owusu Ynes Lightfoot-Taylor Sarita Lightfoot-Taylor Dinah Longdon Mark Williamson Omotayo Roberts Judith Mitchell Esther Buckman Daniella Fetuga-Joensuu Tony Ackah-Yensu Helen Onilado Emmanuel Asante Rebecca Biney Abdul Bah Dr Oprah Scott Michael Davies Susan Solanke Ada Onwubiko Christine Wykes Ama Ackah-Yensu Jacob Baiden Jocelyn Boafo Kate Jones John Philips Don Nunn Ollie McEwen Seth Kofi Otoo Marko Joensuu Anthony Boateng Christina Fashola Stephen Olusola Denzil Cummings-John Dr Michael Fennell Regina Boye Chika Unaka Alison Bryan Aretha Solanke Comfort Golightly Charles Bushell Myoung Soon Kim

Independent examiner’s report to the Trustees of Methodist Central Hall Westminster

I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 August 2020.

Responsibilities and basis of report

As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with my examination giving me cause to believe that in any material respect:

 accounting records were not kept in respect of the charity as required by section 130 of the Act; or
 the accounts do not accord with those records; or
 the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Date: 08 April 2021

Katharine Patel ACA Buzzacott LLP Chartered Accountants 130 Wood Street London EC2V 6DL

Circuit Accruals Accounts 2019/20

THE METHODIST CHURCH

STANDARD FORM OF ACCOUNTS

ACCRUALS BASIS

For the year ended 31 August 2020

METHODIST CENTRAL HALL Westminster

Registered Charity No 1145076

London Mission (Westminster) Circuit No. 35 / 03

SUPERINTENDENT MINISTER

Revd Tony Miles

CIRCUIT STEWARDS

Genevieve Patnelli (Senior) Wesley Gibbs Daniella Fetuga-Joensuu Ama Ackah-Yensu (Treasurer )

LONDON MISSION (WESTMINSTER) CIRCUIT 35 / 03 TRUSTEES’ ANNUAL REPORT

Introduction

Aims and Organisation

Review of the Year

As a ‘Cathedral of Methodism’, the Circuit continued to enable the hosting of several significant partnership events, including Stewardship and Premier Christian Radio events. We also hosted a Leadership Training Day for the wider Methodist Church. Up until lockdown, we continued to provide tours and talks for a wide range of Methodist touring groups visiting the UK.

As with many Circuits, we had to respond quickly when the pandemic struck, and public worship had to stop. At first, we live-streamed from our

Chapel, but when our building had to be closed, we utilised White Light Ltd’s ‘SmartStage’. This technology was hugely successful. The total views for YouTube Live Streamed Services after just eight weeks using the SmartStage were 49.35k families or individuals. Our services were averaging about 6.37k each week, with the highest, 7.8k. Of these viewers, about 1,500 are listening ‘live’ (congregation typically 200-300)!

Staff

Revd Dr Martyn Atkins had his farewell service online on 24[th] May and he will be greatly missed. Revd Tony Miles took over as ‘Acting Superintendent’

until the Methodist Conference 2020 approved his appointment. Ollie McEwen continues to serve as PA to the Superintendent Minister, Mark Williamson as Young Adult Leader, and Dan Forshaw, directing Communications and Digital Media. Deacon Ali McMillan joined the team as a full-time minister in September 2019, together with Alison Bryan, who took over as the Coordinator of our healing ministry. Later in the year, due to the pandemic, four other lay members of the staff team were put on furlough: our Director of Music, Assistant Director of Music, Healing Ministry Coordinator, and Church Secretary.

For many years, our ministerial team has been supported by Revd Gordon Newton, an Associate Minister. Since June 2020, we have had the additional support of three Honorary Associate Ministers – Revd Peter Edwards, Revd Howard Mellor, and Revd Tim Swindell.

The Revd Lansford Penn-Timity joined the team as Deputy Superintendent in September 2020, at the start of the new church year.

During 2019/20, we believe we have continued to live our aims and objectives rooted in the Methodist Christian tradition.

Financial Review

The Circuit has one church, which is its only source of income. When the Covid-19 pandemic hit the world halfway through the church year, no one had any idea how long it would last. We had to revise budgets – again and again – and adjust to steep falls in income from giving, as our building closed, and church services moved online. The church was forecasting a deficit, but our God is indeed faithful in answering our prayers and not only kept us afloat but blessed us with a surplus! This enabled the church to sustain the Circuit.

The Circuit’s statement of accounts for the year ended 31st August 2020 is attached and shows a deficit of £24,128, which relates to the Restricted / Designated Funds after a transfer of £18,200 from the General Fund. The General Fund broke even.

Income

Circuit income has been drawn primarily from the assessment paid by the church (there being only one church within the Circuit). Income from the temporary renting of two manses was minimal in 2019/20 due to one manse being used by ministry staff and the other being empty for much of the year to enable refurbishments to be completed. Income increased by £20,661 (from £195,586 in 2018/19 to £216,246 in 2019/20), which was mainly due to:

no Legacy income being received in 2019/20, (£4.6k received in 2018/19)
a reduction of £26.8k in rental income due to one manse not being rented all year and one only being rented for part of the year to allow time for refurbishment
the payment made by the Church to the Circuit increasing by £54.1k to cover the decrease from other income sources and increase in expenditure.

Expenditure

Circuit expenditure increased by £23,357 (from £217,016 in 2018/19 to £240,374 in 2019/20), which was mainly due to:

Increase in stipends in line with annual Conference recommendations (£4.0k).
Decrease in travel and accommodation due to reduced activity resulting from the Covid-19 restrictions (£9.8k).
Increase in manse running costs (£1.9k), due to one property being occupied by ministry staff and other costs for the empty manse being paid for by the Circuit rather than tenants.
Increase in Manse Maintenance Costs (£32.4k) due to major refurbishment of two properties
Increase in Independent Examiners Fee (£1.7k) due to change of Examiner

The Circuit’s contribution to the District of £39,884, accounted for 16.6% of expenditure (the increase for the year was £1.5k). A significant part of this is passed on to the Connexion to fund the work of the wider Methodist Church.

Fund Balances

The balance on the Circuit General Fund has remained unchanged at £1,942,712.

Circuit Restricted and Designated Funds have decreased by £24,128 to £316,688 in 2019/20 (£340,817 in 2018/19), due to Manse Maintenance expenditure. In line with previous years, £3k has been allocated to the Removals Fund, and £15.2k to the Manse Maintenance Fund.

Plans for 2020/21

Circuit financial plans for the coming year have been prepared on the basis that there remain three full-time ordained staff members and one lay worker to be responsible for safeguarding.

Reduced activity because of continuing social distancing measures associated with the Covid-19 pandemic, coupled with an increase in rental income is expected to result in a 13% decrease in total Circuit expenditure.

Trustee’s Annual Report on Finance and Governance

The Charity’s annual report and accounts for the year ended 31 August 2020 have been prepared in accordance with the Charities Act 2011 and the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard in the UK and Republic of Ireland issued in July 2014.

Full Name of Church : London Mission (Westminster) Circuit Charity Registration Number: 1145076 Date of registration: 15 December 2011

Main communication address: Methodist Central Hall, Storey’s Gate, Westminster, London SW1H 9NH

The members of the London Mission (Westminster) Circuit Meeting are the Charity Trustees, membership being made up of circuit office holders, ministers and representatives appointed by the church at the Annual Church Meeting. A full list of members is shown in the notes to this report.

Investment Bankers: Central Finance Board of the Methodist Church

Aims and Objectives

The charity’s objective is to act as a resource provider within the area around Westminster for the Methodist Church:

It aims to be a vital Christian presence in the heart of London.

The purposes of the Methodist Church are, and shall be deemed to have been, since the Date of Union, the advancement of:

The Christian faith in accordance with the doctrinal standards and discipline of The Methodist Church;
Any charitable purpose for the time being of any Connexional, District, Circuit, local or other organisation of The Methodist Church;
Any charitable purpose for the time being of any society or institution subsidiary or ancillary to The Methodist Church;
Any purpose for the time being of any charity being a charity subsidiary or ancillary to The Methodist Church.

Public Benefit

We confirm that the trustees have had regard to the Charity Commission’s guidance on public benefit.

Structure, Governance and Management

The governing document for the Methodist Church of Great Britain 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 Circuit is undertaken by the Circuit Stewards and Ministerial Team with input from the Circuit Leadership team. Trusteeship is exercised by the elected members of the Circuit Meeting.

Trustee Training

Trustees are pointed to a range of guidance produced by The Methodist Connexion to support the effective running of the church and the role of Trustees.

Related Parties

The Circuit is part of the Methodist Church of Great Britain. It consequently locates itself in both its polity and structure. In structural terms the Westminster Circuit is one of some 35 circuits (groupings of local churches) making up the London Methodist District. In terms of Polity and Constitution it, like all Methodist circuits, is accountable to the annual Methodist Conference.

Another unusual aspect of the Circuit/Church is the fact that its Trustees of the Building are appointed annually by the annual Conference of the Methodist Church of Great Britain, rather than, more commonly, the circuit meeting.

Regular meetings of each of these three entities take place, with the Superintendent and Deputy Superintendent ministers being members of each of the three, thereby having a strategic overview of the total ministry of the Circuit and its related parties.

Risk Management

The major risks associated with the life and ministry of the Circuit, located in Methodist Central Hall Westminster, are identified and recorded by the Trustees, with professional advice taken as required. An annual review process is undertaken and recorded.

We note the following items, all of which are noted on the Risk Register.

An annual grant to the Church, which is the main source of funding for the Circuit is given by the Trustees. This is made possible by profits made by Central Hall Westminster Ltd. Any ‘lean years’ – and particularly several lean years – would affect the ability of the Trustees to award the grant.
The impact of the COVID-19 pandemic on the operations of Central Hall Westminster Ltd has been immense. The building’s closure and consequent hibernation of the business has meant that profits which would have been tithed to the Trustees have dried up, thus impacting their ability to provide the same level of grant to the Church, as with previous years.
The as yet unknown plan relating to the ‘decanting’ of the House of Commons and House of Lords from the Palace of Westminster. Methodist Central Hall Westminster is, because of its proximity, one of a handful of buildings currently in conversation with ‘Black Rod’ about what are termed “business continuity talks”.
The ever-present risk of terror attacks and security breaches, given the location of the church. For the past three years the Metropolitan Police have estimated the risk of such as ‘severe’, and give regular security briefings to Circuit officials as to office holders of other large buildings in and around Parliament Square.
The damage to reputation, given the high usage of the premises by very many clients.
Safeguarding risks, exacerbated by the very high numbers of people using the building each week. In line with Methodist rulings, safeguarding procedures have, and continue to be improved and overhauled.

Safeguarding

Methodist Connexional practice outlines commitment to the following principles:

The care and nurture of, and respectful pastoral ministry with, all children, young people and adults.
The safeguarding and protection of all children, young people and adults when they are vulnerable.
The establishing of 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 disclosures and registration with the relevant vetting and barring schemes.
We will respond without delay to every complaint made which suggests that an adult, child or young person may have been harmed, cooperating with the police and local authority 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 seek to offer pastoral care and support, including supervision and referral to the proper authorities, to any member of our church community known to have offended against a child, young person or vulnerable adult.
In all these principles we will follow legislation, guidance and recognised good practice.

London Mission (Westminster) Circuit commits itself to: -

Ensuring the implementation of Connexional Safeguarding Policy; government legislation, guidance and safe practice in the circuit and in the churches.
The provision of support, advice and training for lay and ordained people that will ensure people are clear and confident about their roles and responsibilities in safeguarding and promoting the welfare of children and adults who may be vulnerable.

The Safeguarding Policy is approved annually by the Circuit Meeting and revised in line with guidelines and directives from the Methodist Church of Great Britain.

Reserves Policy

The policy is for the Circuit itself not to hold any free reserves, as it is able to rely on the reserves held within its one church. The aim, therefore, is for the Church to hold a designated contingency fund at a level which can sustain six months’ worth of average expenditure for both Church and Circuit. The contingency has not been increased in 2019/20 and so remains at £148k, which is equivalent to approximately six months’ average expenditure.

However, with the continuing social distancing measures due to the pandemic and the Church budgeting for a deficit in 2020/21, the Contingency Fund is expected to reduce to approximately three months’ worth of average expenditure.

Signed: ___________ Revd Anthony Miles (Chair of Trustees)

Date: 17[th] March 2021

London Mission (Westminster) Circuit 35/03 Statement of Financial Activities (SOFA) for the Year Ended 31 August 2020

	Notes	General Fund (Unrestricted)	Designated Funds	Restricted Funds	Endowment (Restricted)	2019/20 Totals	2018/19 Totals
Income and Endowments from:		£	£	£		£	£
Donations andLegaciesIncome	4	0	0	0	0	0	4,641
Bank Interest	5	347	0	0	0	347	2,260
DistrictAdvanceFund Grant		0	0	0	0	0	0
Assessments Church & Trustees to CircuitincludingRepayment of Loan		211,239	0	0	0	211,239	157,187
IncomeDuefromCommunityFund		0	0	0	0	0	0
Lettings (ManseRental Income)	10	4,660	0	0		4,660	31,498
Total Income		216,246	0	0	0	216,246	195,586
Expenditure
Stipends, Salaries andAssociated Costs		115,175	0	0	0	115,175	119,242
DistrictAssessment		39,884	0	0	0	39,884	38,368
Travel Expenses		5,027	0	0	0	5,027	14,817
Ministerial Training		357	0	0	0	357	1,861
Insurance, Utilities, etc.	11	21,064	0	0	0	21,064	19,112
Maintenance on Manses	12	3,991	38,407	0	0	42,398	10,000
RemovalCosts		0	3,898	0	0	3,898	2,257
MortgageInterest		0	0	0	0	0	0
Other Expenditure
Administration, Staff& Copying etc.	14	9,443	0	0	0	9,443	9,961
IndependentExaminer Fee		2,570	0	0	0	2,570	892
Professional fees		535	0	0	0	535	481
Media ChaplaincyExpenses	15	0	0	23	0	23	25
Total Expenditure		198,046	42,305	23	0	240,374	217,016

Net Income / (Expenditure)		18,200	(42,305)	(23)	0	(24,128)	(21,430)
Transfer between Funds & General Account		(18,200)	18,200	0	0	0	0
Total Funds broughtforward		1,942,712	340,736	81	0	2,283,529	2,304,959
Total funds carried forward at end of year		1,942,712	316,631	58	0	2,259,401	2,283,529

London Mission (Westminster) Circuit 35/03 Balance Sheet as at 31 August 2020

	Notes	General Fund (Unrestricted)	Designated Funds	Restricted Funds	Endowment (Restricted)	2019/20 Totals	2018/19 Totals
Fixed Assets		£	£	£	£	£	£
Manses etc.	16	1,932,713	0	0	0	1,932,713	1,932,713
*Total Fixed Assets*		1,932,713	0	0	0	1,932,713	1,932,713
Current Assets
Debtors and prepayments	17	55,221	0	0	0	55,221	32,384
TMCP DepositAccount		0	247,707	0	0	247,707	247,707
CFB Deposit	18	0	32,784	58	0	32,842	72,379
Cashat bankandin hand	19	(34,872)	36,139		0	1,268	15,030
*Total current assets*		20,350	316,630	58	0	337,038	367,500
Creditors (dueinunder 1year) & unusedfunds	20	(10,351)	0	0	0	(10,351)	(16,684)
Net current assets		9,999	316,630	58	0	326,687	350,816
*Total assets less current liabilities*		1,942,712	316,630	58	0	2,259,400	2,283,529

Loans and creditors due after 1year	21	0	0	0	0	0	0
*Net assets*		1,942,712	316,630	58	0	2,259,400	2,283,529
Funds of the Circuit
General Fund (Unrestricted)		1,942,712	0	0	0	1,942,712	1,934,143
Other Funds (Designated andRestricted)		0	316,630	58	0	316,688	349,386
*Totalfunds*		1,942,712	316,630	58	0	2,259,400	2,283,529

I confirm that these accrual-based accounts for the year ended 31 August 2020 have been prepared from the records of the Circuit and that they include all funds under the control of the Circuit Meeting.

Signed:

Date: 17[th] March 2021

_____________

Ama Ackah-Yensu (Treasurer)

I confirm that the annual report and accounts for the year ended 31 Aug 2020 were, presented to the Circuit Meeting at its meeting on 17 March 2021 and were approved

Signed: Revd Tony Miles (Chair of the Circuit Meeting)

________

Date: 17[th] March 2021

London Mission (Westminster) Circuit 35/03

Statement of Financial Activities (SOFA) for the Year Ended 31 August 2019

	Notes	General Fund (Unrestricted)	Designated Funds	Restricted Funds	Endowment (Restricted)	2018/19 Totals
Income and Endowments from:		£	£	£		£
Donations andLegaciesIncome		4,641	0	0	0	4,641
Bank Interest		176	0	2,084	0	2,261
DistrictAdvanceFund Grant		0	0	0	0	0
Assessments Church & Trustees to Circuit includingRepayment of Loan		157,187	0	0	0	157,187
IncomeDuefromCommunityFund		0	0	0	0	0
Lettings (ManseRental Income)	10	31,498		0		31,498
Total Income		193,501	0	2,084	0	195,586
Expenditure
Stipends, Salaries andAssociated Costs		119,242	0	0	0	119,242
DistrictAssessment		38,368	0	0	0	38,368
Travel Expenses		14,817	0	0	0	14,817
Ministerial Training		1,861	0	0	0	1,861
Insurance, Utilities, etc.	11	19,112	0	0	0	19,112
Maintenance on Manses	12	1,049	0	8,951	0	10,000
MortgageInterest	13	0	0	2,257	0	2,257
Other Expenditure
Administration, Staff& Copying etc.	14	9,961	0	0	0	9,961
AuditFee		892	0	0	0	892
Professional fees		0	0	481	0	481
Media ChaplaincyExpenses	15	0	26	0	0	26
Total Expenditure		205,302	26	11,689	0	217,017

Net Income		(11,801)	(26)	(9,605)	0	(21,431)
Transferbetween Funds & General Account		(18,200)	0	18,200	0	0
Other Recognised Gains
Total Funds broughtforward		1,972,712	107	332,140	0	2,304,959
Total funds carried forward at end ofyear		1,942,712	81	340,736	0	2,283,528

London Mission (Westminster) Circuit 35/03 Balance Sheet as at 31 August 2019

	Notes	General Fund (Unrestricted)	Designated Funds	Restricted Funds	Endowment (Restricted)	2018/19 Totals
Fixed Assets		£	£	£	£	£
Manses etc.	16	1,932,713	0	0	0	1,932,713
*Total Fixed Assets*		1,932,713	0	0	0	1,932,713
Current Assets
Debtors and prepayments	17	32,384	0	0	0	32,384
TMCP DepositAccount		0	0	247,707		247,707
CFB Deposit	18	(25,160)	81	97,458	0	72,379
Cashat bankandin hand	19	15,030		0	0	15,030
*Total current assets*		22,254	81	345,165	0	367,500
Creditors (dueinunder 1year) & unusedfunds	20	(12,255)		(4,429)	0	(16,684)
Net current assets		10,000	81	340,735	0	350,816
*Total assets less current liabilities*		1,942,712	81	340,735	0	2,283,529

Loans and creditors due after 1year	21	0		0	0	0
*Net assets*		1,942,712	81	340,735	0	2,283,529
Funds of the Circuit
General Fund (Unrestricted)		1,942,712		0	0	1,942,712
Other Funds (Desiganted &Restricted)		0	81	340,735	0	340,816
*Totalfunds*		1,942,712	81	340,735	0	2,283,528

London Mission (Westminster) Circuit 35 / 03 Notes to the Financial Statements for the year ended 31 August 2020

Basis of accounting

These financial statements are prepared on a going concern basis, under the historical cost Convention.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest pound.

The principal accounting policies adopted in the preparation of the financial statements are set out below.

1. Going Concern

After making reasonable enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future and do not consider there to be any threat to the going concern status. Therefore, the Trustees continue to adopt the going concern basis in preparing the financial statements and confirm there are no material uncertainties at the date of the approval of these financial statements.

2. Funds

The funds held constitute: General Funds held for any purpose of the Circuit which are unrestricted, designated funds which, though unrestricted, have been earmarked for specific purposes and restricted funds, which are held for a narrower purpose, including those for internal organisations. Details of each material fund are disclosed in the notes to the Accounts.

3. Accounting Policies

Basis

These accounts have been prepared under the historical cost convention, 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 Circuit’s financial position and activities.

Income

Income is included in the Statement of Financial Activities (SOFA) when the Circuit becomes entitled to the funds, the receipt is probable and the amount can be measured reliably.

Expenditure

Cash and Cash Equivalents

Grants

Grants made by the Circuit from its own funds are recognised in full at the time of agreement or when the Circuit 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 Circuit is not VAT registered, all input VAT is charged with the expenses to which it refers.

Tangible fixed assets for use by the Circuit

These are capitalised if they can be used for more than one year, and individually cost at least £1,000.

The freehold property comprises the Circuit’s manses and is shown in the accounts at 2014 deemed values, with the exception of the Shirley manse, which is shown at the purchase value in 2016.

At the time of valuation, purchase and disposal, the value of the properties was not spilt between land and buildings. However, based on an estimate of 25% land and 75% buildings, the total land value at 31 August 2020 would be £483,179 and the total building value would be £1,449,534. No depreciation is provided on the buildings because the trustees consider the current residual fair value of the manse buildings (on the assumption that it had reached the end of its useful economic life by the yearend) to be not less than its current value.

Investment Properties

Investment properties - no property is currently deemed not to be held for the longterm purposes of the charity.

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.

Financial instruments

Basic financial instruments are measured at amortised cost.

Debtors and creditors

Debtors and creditors receivable or payable within one year of the reporting date are carried at their transaction price and subsequently measured at amortised cost less any impairment.

Critical accounting estimates and areas of judgement

In preparing financial statements it is necessary to make certain judgements, estimates and assumptions that affect the amounts recognised in the financial

statements. There are no judgements and estimates considered by the Trustees to have a significant effect on amounts recognised in the financial statements.

4. Donations and legacies	Unrestricted	Circuit Model Trust Fund	Restricted	2020 Total	2019 Total
	£	£	£	£	£
Legacies	0	-	-	0	4,641
Total	0	-	-	0	4,641

5. Investment income
Central FinanceBoard	347	0	0	347	2,260
Other	0	0	0	0	0
Total	347	0	0	347	2,260

6. Payment to Trustees

Number of trustees who were paid expenses Total amount paid	2019/20 2018/19 5 5
	£ £ 6,258 18,407

Nature of expenses claimed: Car mileage, public transport, hospitality and miscellaneous.

These expenses have been incurred by the trustees in the course of fulfilling their pastoral responsibilities.

7. Independent Examiner’s Fees

. Independent Examiner’s Fees
Fees for reporting on the accounts Other fees (for advice, accountancy services etc) Total	2019/20 £ 1,680 0 1,680	2018/19 £ 1,740 0
		1,740

8. Paid Employees

Staff costs during the year were as below: -

2019/20 2018/19

	£	£
Gross wages, salaries and benefits in kind	3,739	4,779
Employer's National Insurance costs	276	322
Pension costs	598	599
Total staff costs	4,613	5,700
Average number of full-time equivalent employees in
the year were	0.2	0.2
The charity considers that the key management personnel comprise the
Trustees. There was no remuneration paid to the Trustees during 2019		and
2020.
The adoption of a new financial system has meant that staff have spent		less
time managing the finances of the Circuit. This is reflected in the decrease in
staff costs.

9 Fixed Assets

Cost or valuation	Residential Land	Manses	Total
	£	£	£
Balance brought forward	483,179	1,449,534	1,932,713

Balance carried forward	483,179	1,449,534	1,932,713

Accumulated depreciation	0	0	0
Net Book Value brought forward	483,179	1,449,534	1,932,713
Net Book Value carried forward	483,179	1,449,534	1,932,713

9a Investments

No other investments are held by the Circuit

London Mission (Westminster) Circuit 35 / 03 NOTES TO THE FINANCIAL STATEMENTS

2019/20 £ £ 4,660 0 4,660 £ £ 1,552 1,227 929 7,460 6,944 2,951 21,064 3,991 3,991 0 0 0 6,516 1,549 1,378 9,443 23 23	2018/19 £ £ 13,223 18,275	2018/19 £ £ 13,223 18,275
£ 1,552 1,227 929 7,460 6,944 2,951	£ 1,682 1,413 1,813 6,938 4,088 3,178	31,498 £
3,991	1,049	19,112

0 0	0 0	1,049

6,516 1,549 1,378	7,499 1,754 708	0

23	25	9,961

		25

London Mission (Westminster) Circuit 35 / 03 NOTES TO THE FINANCIAL STATEMENTS

BALANCE SHEET NOTES

Property Value £ 550,000 1,485,000 400,000 649,000 9,643 3,779 38,314 0	10,286 2,734 0 19,364	Circuit Value £ 137,500 746,213 400,000 649,000
		1,932,713
		1,142,685
		790,028

3,486 58 32,784 0	0 81 97,458 (25,161)	32,384
		0
246,603 1,104	246,603 1,104	72,378

(34,872) 36,139	15,030 0	247,707

0 3,863 1,176 3,420 1,893 0 0	404 1,493 2,539 850 1,275 238 5,457	15,030
		12,255 4,429
0	4,429

		16,684

London Mission (Westminster) Circuit 35 / 03

	BALANCE B/F 01/09/19	2019/20			BALANCE C/F 31/08/20
CIRCUIT FUNDS		Income	Expenditure	Transfer Between Funds
FUNDS	£	£	£	£	£

Restricted
Media Chaplaincy	81	0	(23)	0	58
TOTAL RESTRICTED FUNDS	81	0	(23)	0	58

Designated
RemovalsFund	8,172	0	(3,898)	3,000	7,274
ManseMaintenanceFund	85,961	0	(38,407)	15,200	62,754
ManseReplacementFund	246,603	0	0	0	246,603
Total Designated Funds	340,736	0	(42,305)	18,200	316,631

TOTAL RESTRICTED & DESIGNATED FUNDS	340,817	0	(42,329)	18,200	316,689

GENERAL FUND	1,942,712	216,246	(198,046)	(18,200)	1,942,712

TOTAL	2,283,529	216,246	(240,374)	0	2,259,401

The Balance for Restricted and Designated Funds has decreased by £24,105 from £340,817 in 2018/19 to £316,631 in 2019/20.

The Circuit Meeting decided on the following allocation from the General Fund:

£3,000 to the Removals Fund to ensure that sufficient funds are available for removal expenses in the event of a change in ministers in future years
£15,200 to the Manse Maintenance Fund in line with amounts recommended by the Connexion.

London Mission (Westminster) Circuit 35 / 03

Circuit Trustees – 2019/20

The following served as trustees during the year and/or were trustees at the date of signing the accounts.

Independent examiner’s report to the Trustees of Methodist Central Hall Westminster – London Mission (Westminster) Circuit No. 35/03

I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 August 2020.

Responsibilities and basis of report

As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with my examination giving me cause to believe that in any material respect:

 accounting records were not kept in respect of the charity as required by section 130 of the Act; or
 the accounts do not accord with those records; or
 the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.

Date: 08 April 2021

Katharine Patel ACA Buzzacott LLP Chartered Accountants 130 Wood Street London EC2V 6DL

Church Accruals Accounts 2019-20

THE METHODIST CHURCH

STANDARD FORM OF ACCOUNTS

ACCRUALS BASIS

For the year ended 31 August 2020

METHODIST CENTRAL HALL WESTMINSTER

Registered Charity No 1145076

SUPERINTENDENT MINISTER

Revd Tony Miles

CHURCH STEWARDS

Emmanuel Asante Abdul Bah Esther Buckman Marie Rose Cameron Michael Davies Ynes Lightfoot-Taylor Frances Miles Anthony Boateng Stephen Olusola Omotayo Roberts Regina Boye Denzil Cummings-John

CHURCH TREASURER

Ama Ackah-Yensu

METHODIST CENTRAL HALL WESTMINSTER CHURCH TRUSTEES’ ANNUAL REPORT

Introduction

Aims and Organisation

Review of the Year

During 2019/20, we believe we have continued to live our aims and objectives rooted in the Methodist Christian tradition.

Financial Review

The Church finished the year with a net income surplus of £3,030 (£65,642 in 2018/19) and therefore increased its funds from £ £358,128 in 2018/19 to £361,158

in 2019/20 (£60,882 in the General Fund and £300,276 in restricted and designated funds).

The statement of accounts for the year ended 31[st] August 2020 is attached.

Income

General Fund income increased to £503,466 in 2019/20 (2018/19 £495,576). Within the overall increase of £7.9k, the main movements are shown below:

Decrease in offerings and tax recoverable (£16.6k)
Decrease in donations (£2.2k) and decrease in Anniversary Giving (£2.3k)
Increase in Trustees’ Grant (£12.4k)
Decrease in Use of Rooms (£7.5k)
Increase in Income from Special Events (£5.0k) due to the Fun and Fellowship Weekend in early 2020
Covid-19 Job Retention Scheme grant in 2019/20 of £21.0k

The decrease in all the income categories has been due to the suspension of church services and activities as a result of the Covid-19 pandemic.

Income in Restricted and Designated Funds was £73.1k. This represented a decrease of £100k from 2018/19, largely due to a fall in: –

Chapel Renewal Fund income (£83.1k – the appeal was launched and closed in 2018/19)
income for the Music and Worship Legacy Fund (£49.9k – a one-off legacy received in 2018/19).

These decreases were offset by income of £43.5k to the newly set-up fund for Live Streaming of Services in 2019/20, in response to the lockdowns during the pandemic.

Expenditure

General Fund spending has increased by £78.2k to £483.6k (2018/19 £405,532). There were some key variances within these total figures:

Staff salaries increased by £11.5k. In 2019/20, staff costs included the addition of Healing Ministry staff, but a reduction in Finance Staff Costs.
The payment to the Circuit increased by £65.6k. A decrease in rental income to the Circuit, coupled with increasing Circuit expenditure led to the Church having to meet the bigger shortfall.
Expenditure on Church Groups and events increased by £5.9k due the purchase of equipment for the Crèche and the Fun and Fellowship Weekend in early 2020.

Music Account expenditure decreased by £9.1k due to Covid-19 restrictions reducing the number of services with live worship.
Other expenditure increased by £4.5k due to Website Development in order to meet the increased demand for an online presence.
Advertising costs have decreased by £6.2k. Apart from running fewer radio ads, in 2018/19 there was a one-off payment for outstanding invoices relating to prior years.

Designated and Restricted Fund expenditure decreased by £107.7k to £89,886 (2018/19 £197,605). The key movements are detailed below:

Chapel Refurbishment £2.4k compared to £146k in 2018/19
£43.5k of income in 2019/20 to support the Live Streaming of Services during Covid-19 restrictions

Total Funds for the Church have increased to £361,158 (2018/19 £358,128) with £60,882 (2018/19 £66,960) in the General Fund and £300,276 in Restricted and Designated Funds (2018/19 £291,168).

In 2019/20, £25.9k has been transferred from Church General Funds to Designated / Restricted Funds, which include:

£4.4k to the Chapel Renewal Fund
£21.4k to the Tithe Fund

Plans for 2020/21

METHODIST CENTRAL HALL WESTMINSTER CHURCH

Trustee’s Annual Report on Finance and Governance

Full Name of Church :

Methodist Central Hall Westminster

Charity Registration Number: 1145076

Date of registration: 15 December 2011

Main communication address: Methodist Central Hall, Storey’s Gate, Westminster, London SW1H 9NH

Bank: HSBC

The Peak 333 Vauxhall Bridge Road Victoria London SW1V 1EJ

Investment Bankers: Central Finance Board of the Methodist Church

Aims and Objectives

The charity’s objective is to act as a resource provider within the area around Westminster for the Methodist Church:

It aims to be a vital Christian presence in the heart of London.

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.

Public Benefit

We confirm that 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 and Circuit Stewards and Ministerial Team with input from the Leadership Team.

Trusteeship is exercised by the elected members of the Church Council.

Trustee Training

Trustees are pointed to a range of guidance produced by The Methodist Connexion to support the effective running of the church and the role of Trustees.

Related Parties

Risk Management

We note the following items, all of which are noted on the Risk Register.

An annual grant to the Circuit is given by the Trustees. This is made possible by profits made by Central Hall Westminster Ltd. Any ‘lean years’ – and particularly several lean years – would affect the ability of the Trustees to award the grant.
The impact of the COVID-19 pandemic on the operations of Central Hall Westminster Ltd has been immense. The building’s closure and consequent hibernation of the business has meant that profits which would have been tithed to the Trustees have dried up, thus impacting their ability to provide the same level of grant to the Church, as with previous years.
The as yet unknown plan relating to the ‘decanting’ of the House of Commons and House of Lords from the Palace of Westminster. Methodist Central Hall Westminster is, because of its proximity, one of a handful of buildings currently in conversation with ‘Black Rod’ about what are termed “business continuity talks”.
The ever-present risk of terror attacks and security breaches, given the location of the church. For the past three years the Metropolitan Police have estimated the risk of such as ‘severe’, and give regular security briefings to Circuit officials as to office holders of other large buildings in and around Parliament Square.
The damage to reputation, given the high usage of the premises by very many clients.
Safeguarding risks, exacerbated by the very high numbers of people using the building each week. In line with Methodist rulings, safeguarding procedures have, and continue to be improved and overhauled.

Safeguarding

Methodist Connexional practice outlines commitment to the following principles:

The care and nurture of, and respectful pastoral ministry with, all children, young people and adults.
The safeguarding and protection of all children, young people and adults when they are vulnerable.
The establishing of 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 disclosures and registration with the relevant vetting and barring schemes.
We will respond without delay to every complaint made which suggests that an adult, child or young person may have been harmed, cooperating with the police and local authority 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 seek to offer pastoral care and support, including supervision and referral to the proper authorities, to any member of our church community known to have offended against a child, young person or vulnerable adult.
In all these principles we will follow legislation, guidance and recognised good practice.

The Methodist Central Hall Westminster Church commits itself to: -

Ensuring the implementation of Connexional Safeguarding Policy; government legislation, guidance and safe practice in the circuit and in the churches.
The provision of support, advice and training for lay and ordained people that will ensure people are clear and confident about their roles and responsibilities in safeguarding and promoting the welfare of children and adults who may be vulnerable.

The Safeguarding Policy is approved annually by the Church Council and revised in line with guidelines and directives from the Methodist Church of Great Britain.

Reserves Policy

raise funds to cover the Church’s full expenses, including the assessment payable to the Circuit.

The Contingency Fund as at 31 August 2020 was £148k, which is equivalent to approximately six months’ average expenditure.

In addition to the Contingency there is a General Fund surplus of £56.5k

Signed: _______ Revd Anthony Miles (Chair of Trustees)

Date: 17[th] March 2021

METHODIST CENTRAL HALL WESTMINSTER - CHURCH ACCOUNTS

Statement of Financial Activities (SOFA) for the Year Ended 31 August 2020

	Notes	Unrestricted Fund (General)	Designated Funds	Resrticted Funds	2019/20 Totals	2018/19 Totals
		£	£	£	£	£
Income and Endowments From:
Donations and Legacies
Offerings andTax recoverable	13	153,979	0		153,979	170,547
Donations	13	24,763	0		24,763	26,954
Anniversary Giving		13,001	0		13,001	15,303
Grant (Trustees)	14	260,328	0		260,328	247,884
DonationsforUse of Rooms		3,283	0		3,283	10,812
Visitors Services & Catering	15	1,131	0		1,131	2,257
Interest and Investment Income	16	2,231	0		2,231	2,077
Other					0
Special Events	17	23,043	0		23,043	18,031
ChurchGroups	18	704	0		704	1,711
Covid-19Furlough		21,003			21,003	0
DesignatedFunds (SeeNotesFundDetails)	12	0	5,142		5,142	3,857
Restricted Funds(See Notes Fund Details)		0		67,991	67,991	169,345
Total Income and Endowments		503,466	5,142	67,991	576,599	668,778

METHODIST CENTRAL HALL WESTMINSTER - CHURCH ACCOUNTS

Statement of Financial Activities (SOFA) for the Year Ended 31 August 2020

Expenditure	Notes	Unrestricted Fund (General)	Designated Funds	Resrticted Funds	2019/20 Totals	2018/19 Totals
		£	£	£	£ £
Office &Ministry Staff		70,317	0		70,317	58,809
Net Payment for Circuit Expenses excluding mortgage repayments		222,744	0		222,744	157,186
Office Supplies-StaffandEquipment	19	26,271	0		26,271	20,853
Internal Organisations and Events					0
Sanctuary		2,131			2,131	2,160
ChurchGroups	20	6,109	0		6,109	4,244
Special Events	21	34,002	0		34,002	29,971
Other Expenditure					0
MusicAccount	22	44,839	0		44,839	53,973
Otherexpenditure	23	20,233	0		20,233	15,729
Advertising		9,827	0		9,827	16,049
Grants &Donations	24	47,210	0		47,210	46,557
DesignatedFunds (SeeNotesFundDetails)	12	0	29,744		29,744	27,453
Restricted Funds(See Notes Fund Details)		0	0	60,142	60,142	170,152
Total Expenditure		483,683	29,744	60,142	573,569	603,136
Net Income / (Expenditure)		19,783	(24,602)	7,849	3,030	65,642
TransfersBetween RestrictedFunds and General Funds		(25,861)	21,473	4,388	0	0
NetIncome aftertransfers		(6,078)	(3,129)	12,237	3,030	65,642
Total funds brought forward		66,960	230,390 60,778		358,128	292,486
Total funds carried forward		60,882	227,261	73,015	361,158	358,128

Money received and passed on to External Organisations (For information only)

Balance brought forward from last year

Offerings/Gifts - received for External Organisations Offerings/Gifts - passed to External Organisations Balance carried forward

2019/20 £	2018/19 £
2,201	2,403
12,441	15,027
12,318	15,229
2,324	2,201

METHODIST CENTRAL HALL WESTMINSTER - CHURCH ACCOUNTS

CHURCH BALANCE SHEET for the Year Ended 31 August 2020

	Notes	Unrestricted Fund (General)	Designated Funds	Restricted Funds	2019/20 Totals	2018/19 Totals
Current Assets		£	£	£	£	£
Debtors and prepayments	25	48,477	0	8,076	56,553	61,587
Cashat bankandin hand	26	20,103	0	536	20,640	102,211
Central FinanceBoard deposit	27	41,563	227,262	64,943	333,768	245,679
*Total current assets*		110,143	227,262	73,555	410,960	409,477
Creditors (dueinunder 1year) & unusedfunds	28	(49,261)		(540)	(49,801)	(51,350)
Net current assets		60,882	227,262	73,016	361,159	358,128
Total assets less current liabilities		60,882	227,262	73,016	361,159	358,128
*Net assets*		60,882	227,262	73,016	361,159	358,128
Funds of the Church
UnrestrictedFund (General)		60,882		0	60,882	66,961
Other Funds (restricted & designated)		0	227,262	73,016	300,278	291,167
*Total funds*		60,882	227,262	73,016	361,159	358,128

Signed:

________

Date:_ 17[th] March 2021

Ama Ackah-Yensu (Treasurer)

I confirm that the annual report and accounts for the year ended 31 Aug 2020 were, presented to the Church Council at its meeting on 17 March 2021and were approved.

Signed:

__________ Revd Anthony Miles (Chair of the Church Council)

Date: 17[th] March 2021

METHODIST CENTRAL HALL WESTMINSTER - CHURCH ACCOUNTS

CHURCH STATEMENT OF CASH FLOW FOR ThE YEAR ENDED 31 AUGUST 2020

Cash flows from Operating Activities	2019/20	2018/19
	£	£
Net Cashprovided by OperatingActivities	4,284	75,359
Cash flows from Investing Activities
Dividends,interest andrentsfrom investments	2,231	2,077
Net Cash flows used in Investing Activities	2,231	2,077

Change inCash and Cash Equivalents inthe Reporting period	6,515	77,436
Cash and Cash Equivalents at the beginning of the period	347,890	270,456
Cash and Cash Equivalents at the end of the Reporting Period	354,405	347,892
CHURCH RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
	2019/20	2018/19
	£	£
Net Income for the Reporting Period (as per Statement of Financial Activity)	3,030	65,642
Adjustmentsfor:
DividendsInterest andrentsfrom investments	(2,231)	(2,077)
(Increase) / decreaseindebtors	5,035	(23,115)
Increase / (decrease)increditors	(1,549)	34,909

Net Cash Provided by Operating Activities	4,285	75,359
CHURCH ANALYSIS OF CASH AND CASH EQUIVALENTS
	2019/20	2018/19
	£	£
Cash in Hand	354,408	347,890

Total Cash and Cash Equivalents	354,408	347,890

METHODIST CENTRAL HALL WESTMINSTER - CHURCH ACCOUNTS

Statement of Financial Activities (SOFA) for the Year Ended 31 August 2019

	Notes	Unrestricted Fund (General) £	Designated Funds £	Restricted Funds £	2018/19 Totals £
Income and Endowments From:
Donations and Legacies
Offerings andTax recoverable	13	170,547		0	170,547
Donations	13	26,954		0	26,954
Anniversary Giving		15,303		0	15,303
Grant (Trustees)	14	247,884		0	247,884
DonationsforUse of Rooms		10,812		0	10,812
Visitors Services & Catering	15	2,257		0	2,257
Interest and Investment Income	16	2,077		0	2,077
Other
Special Events	17	18,031		0	18,031
ChurchGroups	18	1,711		0	1,711
DesignatedFunds (SeeNotesFundDetails)	12	0	3,857	0	3,857
Restricted Funds(See Notes Fund Details)		0		169,345	169,345
Total Income and Endowments		495,576	3,857	169,345	668,778

METHODIST CENTRAL HALL WESTMINSTER - CHURCH ACCOUNTS

Statement of Financial Activities (SOFA) for the Year Ended 31 August 2019

Expenditure	Notes	Unrestricted Fund (General)	Unrestricted Fund (General)	Restricted Funds	2018/19 Totals
				£	£
Office &Ministry Staff		58,809		0	58,809
Net Payment for Circuit Expenses excluding mortgage repayments		157,186		0	157,186
Payment to Circuitfor MortgageRepayments				0	0
Office Supplies	19	20,853		0	20,853
Internal Organisations and Events
ChurchGroups	5	2,160			2,160
Sanctuary		3,744		0	3,744
Special Events	21	29,971		0	29,971
Other Expenditure
MusicAccount	22	53,973		0	53,973
Otherexpenditure	23	16,229		0	16,229
Advertising		16,049		0	16,049
Grants &Donations	24	46,557		0	46,557
DesignatedFunds (SeeNotesFundDetails)		0	27,453		27,453
Restricted Funds(See Notes Fund Details)		0		170,152	170,152
Total Expenditure		405,531	27,453	170,152	603,136
Net Income /(Expenditure)		90,045	(23,596)	(807)	65,642
TransfersBetween RestrictedFunds and General Funds		(52,585)	(4,835)	57,420	0
NetIncome / (Expenditure) aftertransfers		37,460	(28,431)	56,613	65,642

Total funds brought forward		29,500	258,821	4,165	292,486
Total funds carried forward		66,960	230,390	60,778	358,128

METHODIST CENTRAL HALL WESTMINSTER - CHURCH ACCOUNTS CHURCH BALANCE SHEET for the Year Ended 31 August 2019

	Notes	Unrestricted Fund(General)	Designated Funds	Restricted Funds	2018/19 Totals
Current Assets		£	£	£	£
Debtors and prepayments	25	53,087	0	8,500	61,587
Cashat bankandin hand	26	60,103		42,108	102,211
Central FinanceBoard deposit	27	0	230,390	15,289	245,679
*Total current assets*		113,190	230,390	65,897	409,477
Creditors (dueinunder 1year) & unusedfunds	28	(46,230)	0	(5,120)	(51,350)
Net current assets		66,961	230,390	60,777	358,128
Total assets less current liabilities		66,961	230,390	60,777	358,128
*Net assets*		66,961	230,390	60,777	358,128
Funds of the Church
UnrestrictedFund (General)		66,961	0	0	66,961
Other Funds (restricted & designated)		0	230,390	60,777	291,167
*Total funds*		66,961	230,390	60,777	358,128

METHODIST CENTRAL HALL Westminster Church

Notes to the Financial Statements for the year ended 31 August 2020

1. Basis of accounting

These financial statements are prepared on a going concern basis, under the historical cost Convention.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest pound.

The principal accounting policies adopted in the preparation of the financial statements are set out below.

Going Concern

2. Funds

3. Accounting Policies

Basis

Income

Income is included in the Statement of Financial Activities (SOFA) when the Church becomes entitled to the funds, the receipt is probable and the amount can be measured reliably.

Expenditure

Cash and Cash Equivalents

Grants

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

These are capitalised if they can be used for more than one year, and individually cost at least £1,000. There is no freehold property owned by the Church.

Financial instruments

Basic financial instruments are measured at amortised cost.

Debtors and creditors

Debtors and creditors receivable or payable within one year of the reporting date are carried at their transaction price and subsequently measured at amortised cost less any impairment.

Critical accounting estimates and areas of judgement


4.Donations and legacies	Unrestricted	Restricted	2020 Total	2019 Total
	£	£	£	£
Collections	120,241	68,281	188,522	311,898
Taxcredits	-	-	0	0
Donations	1,667	-	1,667	1,797
Total	121,908	68,281	190,190	313,695

5. Other trading activities	Unrestricted	Restricted	2020 Total	2019 Total
	£	£	£	£
CD Project		-	-	-
Total	-	-	-	-

6. Investment income	Unrestricted	Restricted	2020 Total	2019 Total
	£	£	£	£
Central FinanceBoard	2,194		2,194	2,055
Other	37		37	22
Total	2,231	-	2,231	2,077

7. Trustees

	2019/20	2018/19
Number of trustees who were paid expenses	5	5
	£	£
Total amount paid	6,258	18,407

Nature of expenses claimed: Car mileage, public transport, hospitality and miscellaneous.

These expenses have been incurred by the trustees in the course of fulfilling their pastoral responsibilities.

8. Independent Examiners Fees

. Independent Examiners Fees
Fees for reporting on the accounts Other fees (for advice, accountancy services etc) Total	2019/20 £ 1,680 0 1,680	2018/19 £ 2,340 0
		2,340

9. Paid Employees

Staff costs (excluding stipends) during the year were as below: -

Gross wages, salaries and benefits in kind Employer's National Insurance Pension costs Total Staff Costs Average number of full-time equivalent employees in the year were	2019/20 2018/19 £ £ 79,745 68,625 4,212 3,614 9,980 10,301
	93,937 82,540
	3.9 3.1

10. Reserves Policy

General Funds held

2019/20	2018/19
£	£
148,000	148,000

Reserves have been increased by £4k in 2019/20 and the current level is equivalent to nearly 6 months of average expenditure including payments made to the Circuit.

Policy for Restricted Funds

No policy as such except that such funds may only be used for the purpose for which they have been given / donated.

Terms relating to Endowment Funds

No such funds are held by the church.

This Reserves Policy has been approved by the Church Council.

11. Related Parties

Name of related party	Description of transaction	Income from related party during the year	Payments to related party during the year	Loans to related party during the year	Amounts owed by related party as on 31 Aug 2020
		£	£	£	£
JMA	Donations received by Church Members	0	610	0	(0)
Fund for Support of Presbyters &Deacons	Gift made by Church	0	200	0	0
Fundfor Property		0	330	0	0
London Mission Fund Payment		0	200	0	0
Total		0	1,340	0	(0)

12. Details of Designated and Restricted Funds

2.Details of Designated and Restric	ted Funds
	Balance B/F 01/09/19	2019/20			Balance C/F 31/08/20
*CHURCH FUNDS*		Income	Expenditure	Transfer Between Funds
FUNDS	£	£	£	£
General- Designated
Sunday Catering	594	1,502	(831)	0	1,265
Tithe	20,729	0	(22,700)	21,413	19,442
TitheReserve	3,400	0	0	0	3,400
CD Project	13,967	0	0	0	13,967
AVA& Server Replacement	22,030	0	(5,000)	0	17,030
Church Space Refurbishment & Maintenance	20,858	3,000	0		23,858
Fees to be Paid for Special Services	813	640	(1,213)	60	300
Contingency	148,000	0	0	0	148,000
TOTAL DESIGNATED	230,390	5,142	(29,744)	21,473	227,262

Restricted
Monday Guild	282	80	0	0	362
Flower Fund	500	1,515	(1,596)	40	459
HymnSheetFund	1,691	960	(343)	0	2,308
SpecialOfferings to beDonated	(1)	11,057	(10,806)	(263)	(13)
Night Shelter	1,362	0	126	0	1,488
WelcomeBox Project	593	0	0	0	593
Christian Aid	0	365	(365)	0	0
WorldMission EasterOffering	0	205	(200)	0	5
Action ForChildren	0	0	0	0	0
JMA	0	610	(610)	0	0
Benevolent Fund	11,489	2,546	(7,290)	203	6,948
Chapel Renewal	0	2,475	(6,923)	4,448	0
Music & WorshipLegacy	44,862	788	0	0	45,650
Friends of Westminster	0	100		0	100
Ghana Fellowship	0	4,104	(2,800)	(40)	1,264
Live Streamed Service	0	43,188	(29,336)	0	13,851
Total Restricted Funds	60,778	67,993	(60,141)	4,388	73,009

TOTAL RESTRICTED & DESIGNATED FUNDS	291,169	73,134	(89,885)	25,861	300,275

General Fund	66,960	503,466	(483,683)	(25,861)	60,882

TOTAL FUNDS	358,129	576,600	(573,569)	0	361,159

£4,448 to Chapel Renewal
£21,413 to the Tithe Fund for distribution to other charitable organisations nominated by church members.

CHURCH - NOTES TO THE FINANCIAL STATEMENTS

2019 /20 £ £ 56,324 35,982 27,805 31,767 1,667 434 153,979 24,763 178,742 18,468 26,016 215,844 260,328 1,131 1,131 37 2,194 2,231 2,795 1,378 10 810 293 0 5,037 0 1,059 9,363 2,298 23,043 65 0 0 483 156 704	2018 /19 £ £ 63,953 37,951 40,087 26,197 1,797 562	2018 /19 £ £ 63,953 37,951 40,087 26,197 1,797 562
18,468 26,016 215,844	17,964 25,308 204,612	170,547 26,954
		197,501

1,131	2,257	247,884

37 2,194	22 2,055	2,257

2,795 1,378 10 810 293 0 5,037 0 1,059 9,363 2,298	3,826 1,152 2,583 630 1,791 780 4,455 1,605 1,329 0 (120)	2,077

65 0 0 483 156	330 148 302 480 451	18,031

		1,711

CHURCH - NOTES TO THE FINANCIAL STATEMENTS

2019 /20 £ £ 4,710 2,061 1,239 5,030 736 1,528 8,969 1,998 26,271 553 100 3,222 0 0 340 0 343 892 659 6,109 4,031 3,348 2,020 3,251 520 9,389 0 7,659 2,527 1,196 60 34,001 43,082 1,758 44,840	2018 /19 £ £ 7,015 3,072 3,799 1,033 350 0 4,957 627	2018 /19 £ £ 7,015 3,072 3,799 1,033 350 0 4,957 627
553 100 3,222 0 0 340 0 343 892 659 4,031 3,348 2,020 3,251 520 9,389 0 7,659 2,527 1,196 60	695 155 426 1,048 40 216 948 0 500 216	20,853

	5,139 2,242 2,704 2,132 3,746 0 1,966 6,701 3,366 1,675 300	4,244

43,082 1,758	50,894 3,079	29,971

		53,973

CHURCH- NOTES TO THE FINANCIAL STATEMENTS 2019 /20 RESOURCES EXPENDED £ £ *Note 23 - Other expenditure* Pulpit supply 3,090 Lay training 2,006 Website development & maintenance 7,657 In-house hospitality / Volunteers Dinner 631 Hospitality & Restaurant Vouchers (1,712) Bank charges 519 Church Insurance 0 Miscellaneous 4,081 Materials and Items for Services -658 Subscriptions 1,449 Independent Examiners Fees 3,170 20,233 *Note 24 Grants & Donations* The Fund for the Support of Presbyters and Deacons (previously Auxiliary Fund) Payment 200 Property Fund 330 London Mission Fund 200 730 St Vincent's Family Project 44,480 The Gate Crisis Pregnancy Centre 2,000 47,210	CHURCH- NOTES TO THE FINANCIAL STATEMENTS 2019 /20 RESOURCES EXPENDED £ £ *Note 23 - Other expenditure* Pulpit supply 3,090 Lay training 2,006 Website development & maintenance 7,657 In-house hospitality / Volunteers Dinner 631 Hospitality & Restaurant Vouchers (1,712) Bank charges 519 Church Insurance 0 Miscellaneous 4,081 Materials and Items for Services -658 Subscriptions 1,449 Independent Examiners Fees 3,170 20,233 *Note 24 Grants & Donations* The Fund for the Support of Presbyters and Deacons (previously Auxiliary Fund) Payment 200 Property Fund 330 London Mission Fund 200 730 St Vincent's Family Project 44,480 The Gate Crisis Pregnancy Centre 2,000 47,210	2018 /19 £ £ 2,071 1,356 1,287 1,422 3,286 160 98 275 4,578 365 832	2018 /19 £ £ 2,071 1,356 1,287 1,422 3,286 160 98 275 4,578 365 832
RESOURCES EXPENDED *Note 23 - Other expenditure* Pulpit supply Lay training Website development & maintenance In-house hospitality / Volunteers Dinner Hospitality & Restaurant Vouchers Bank charges Church Insurance Miscellaneous Materials and Items for Services Subscriptions Independent Examiners Fees *Note 24 Grants & Donations* The Fund for the Support of Presbyters and Deacons (previously Auxiliary Fund) Payment Property Fund London Mission Fund St Vincent's Family Project The Gate Crisis Pregnancy Centre
	200 330 200	400 660 400	15,730

			1,460 43,097 2,000
			46,557

CHURCH- NOTES TO THE FINANCIAL STATEMENTS 2019 /20 BALANCE SHEET NOTES £ £ *Note 25 - Debtors and Prepayments* Debtors Accrued Income Gift Aid for General Fund 37,552 Covid-19 Furlough 8,401 Overpayment to Company in Prior Years 404 RESTRICTED Gift Aid for Chapel Renewal Fund 8,076 Owed by Circuit 2,120 56,553 Prepayments Fun and Fellowship Weekend 0 Circuit 0 0 56,553 *Note 26 - Cash at Bank and in hand* General Fund - HSBC Current Account 19,548 General Fund Sanctuary Account 309 General Fund Petty Cash 247 Restricted Funds - Benevolent 536 20,640 *Note 27 - Central Finance Board* Designated Funds 227,262 Restricted Funds 64,943 General Fund 41,563 Restricted / Designated Funds 333,768 333,768 *Note 28 - Creditors (due in under 1 year) and* *unused funds c/fwd.* Accrued Expenses Independent Examiners Fees 1,680 Staff expenses / Musicians 1,494 Lay Training 0 Hospitality 118 Digital Outreach Salary & Expenses 29 Youth Worker Salary 0 Photocopying & Printing 439 Stationery / Books / Materials for Services 124 Computer Supplies & Multimedia 1,491 Website Maintenance & Development 110 Church Groups & Events 0 Grants & Donations 0 Advertising 4,313 Miscellaneous & items for Services 1,149 Owed to Circuit 38,314 Designated / Restricted Funds 540 49,801 Prepaid Income Church General Fund 0 Circuit Reallocation 0 0 49,801	CHURCH- NOTES TO THE FINANCIAL STATEMENTS 2019 /20 BALANCE SHEET NOTES £ £ *Note 25 - Debtors and Prepayments* Debtors Accrued Income Gift Aid for General Fund 37,552 Covid-19 Furlough 8,401 Overpayment to Company in Prior Years 404 RESTRICTED Gift Aid for Chapel Renewal Fund 8,076 Owed by Circuit 2,120 56,553 Prepayments Fun and Fellowship Weekend 0 Circuit 0 0 56,553 *Note 26 - Cash at Bank and in hand* General Fund - HSBC Current Account 19,548 General Fund Sanctuary Account 309 General Fund Petty Cash 247 Restricted Funds - Benevolent 536 20,640 *Note 27 - Central Finance Board* Designated Funds 227,262 Restricted Funds 64,943 General Fund 41,563 Restricted / Designated Funds 333,768 333,768 *Note 28 - Creditors (due in under 1 year) and* *unused funds c/fwd.* Accrued Expenses Independent Examiners Fees 1,680 Staff expenses / Musicians 1,494 Lay Training 0 Hospitality 118 Digital Outreach Salary & Expenses 29 Youth Worker Salary 0 Photocopying & Printing 439 Stationery / Books / Materials for Services 124 Computer Supplies & Multimedia 1,491 Website Maintenance & Development 110 Church Groups & Events 0 Grants & Donations 0 Advertising 4,313 Miscellaneous & items for Services 1,149 Owed to Circuit 38,314 Designated / Restricted Funds 540 49,801 Prepaid Income Church General Fund 0 Circuit Reallocation 0 0 49,801	2018 /19 £ 34,574 0 8,500 0	2018 /19 £ 34,574 0 8,500 0
BALANCE SHEET NOTES *Note 25 - Debtors and Prepayments* Debtors Accrued Income Gift Aid for General Fund Covid-19 Furlough Overpayment to Company in Prior Years RESTRICTED Gift Aid for Chapel Renewal Fund Owed by Circuit Prepayments Fun and Fellowship Weekend Circuit *Note 26 - Cash at Bank and in hand* General Fund - HSBC Current Account General Fund Sanctuary Account General Fund Petty Cash Restricted Funds - Benevolent *Note 27 - Central Finance Board* Designated Funds Restricted Funds General Fund Restricted / Designated Funds *Note 28 - Creditors (due in under 1 year) and* *unused funds c/fwd.* Accrued Expenses Independent Examiners Fees Staff expenses / Musicians Lay Training Hospitality Digital Outreach Salary & Expenses Youth Worker Salary Photocopying & Printing Stationery / Books / Materials for Services Computer Supplies & Multimedia Website Maintenance & Development Church Groups & Events Grants & Donations Advertising Miscellaneous & items for Services Owed to Circuit Designated / Restricted Funds Prepaid Income Church General Fund Circuit Reallocation
	0 0	1,558 16,955	43,074 18,513
	227,262 64,943 41,563	245,679 0 0
			61,587
			59,608 309 189 42,108
			102,214
			245,679
	1,680 1,494 0 118 29 0 439 124 1,491 110 0 0 4,313 1,149 38,314 540	850 8,140 300 3,117 1,324 1,057 1,638 4,470 2,828 874 1,271 1,460 2,157 117 0 5,120
			245,679

	0 0	692 15,935	34,723
			16,627

			51,350

Church Trustees – 2019/20

The following served as trustees during the year and/or were trustees at the date of signing the accounts.

Independent examiner’s report to the Trustees of Methodist Central Hall Westminster

I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 August 2020.

Responsibilities and basis of report

As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with my examination giving me cause to believe that in any material respect:

 accounting records were not kept in respect of the charity as required by section 130 of the Act; or
 the accounts do not accord with those records; or
 the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.

Date: 08 April 2021

Katharine Patel ACA Buzzacott LLP Chartered Accountants 130 Wood Street London EC2V 6DL