**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 

1 



**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)! 

2 



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 

3 



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. 

4 



- 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. 

5 



## **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. 

6 



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). 

7 



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. 

8 



## **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 

9 



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 

10 



## **METHODIST CENTRAL HALL WESTMINSTER - CHURCH ACCOUNTS** 

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

||**Notes**|**Unrestricted**<br>**Fund (General)**|**Designated**<br>**Funds**|**Resrticted**<br>**Funds**|**2019/20**<br>**Totals**||**2018/19**<br>**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**|



11 



## **METHODIST CENTRAL HALL WESTMINSTER - CHURCH ACCOUNTS** 

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

|**Expenditure**|**Notes**|**Unrestricted**<br>**Fund (General)**|**Designated**<br>**Funds**|**Resrticted**<br>**Funds**|**2019/20**<br>**Totals**||**2018/19**<br>**Totals**|
|---|---|---|---|---|---|---|---|
|||**£**|**£**|**£**|**£**<br>**£**|||
|Office &Ministry Staff||70,317|0||70,317||58,809|
|Net Payment for Circuit Expenses excluding mortgage<br>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**<br>**60,778**||**358,128**||**292,486**|
|**Total funds carried forward**||**60,882**|**227,261**|**73,015**|**361,158**||**358,128 **|



12 



## **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**<br>**£**|**2018/19**<br>**£**|
|---|---|
|2,201|<br> 2,403|
|12,441|<br>15,027|
|12,318|15,229|
|**2,324**|<br> **2,201**|



13 



## **METHODIST CENTRAL HALL WESTMINSTER - CHURCH ACCOUNTS** 

## **CHURCH BALANCE SHEET for the Year Ended 31 August 2020** 

||**Notes**|**Unrestricted**<br>**Fund (General)**|**Designated**<br>**Funds**|**Restricted**<br>**Funds**|**2019/20**<br>**Totals**|**2018/19**<br>**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 

14 



## **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|<br>75,359|
|**Cash flows from Investing Activities**|||
|Dividends,interest andrentsfrom investments|2,231|<br>2,077|
|**Net Cash flows used in Investing Activities**|**2,231**|<br> **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**|<br>**347,892**|
|**CHURCH RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING**<br>**ACTIVITIES**|||
||**2019/20 **|**2018/19**|
||**£**|**£**|
|**Net Income for the Reporting Period (as per Statement of Financial**<br>**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**|<br>**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**|<br>**347,890**|



15 



## **METHODIST CENTRAL HALL WESTMINSTER - CHURCH ACCOUNTS** 

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

||**Notes**|**Unrestricted**<br>**Fund (General)**<br>**£**|**Designated**<br>**Funds**<br>**£**|**Restricted**<br>**Funds**<br>**£**|**2018/19**<br>**Totals**<br>**£**|
|---|---|---|---|---|---|
|**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** 

16 



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

|<br>**Expenditure**|<br>**Notes**|<br>**Unrestricted**<br>**Fund (General)**|<br>**Unrestricted**<br>**Fund (General)**|<br>**Restricted**<br>**Funds**|**2018/19**<br>**Totals**|
|---|---|---|---|---|---|
|||||**£**|**£**|
|Office &Ministry Staff||58,809||0|58,809|
|Net Payment for Circuit Expenses excluding mortgage<br>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 **|



17 



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

||**Notes**|**Unrestricted**<br>**Fund(General)**|**Designated**<br>**Funds**|**Restricted**<br>**Funds**|**2018/19**<br>**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**|



18 



## **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. 

19 



## **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**<br>**Total **|<br>**2019**<br>**Total **|
||**£**|**£**|**£**|**£**|
|Collections|120,241|<br> 68,281|<br>**188,522**|**311,898**|
|Taxcredits|-|<br>-|<br>**0**|<br> **0**|
|Donations|1,667|<br>-|<br>**1,667**|<br>**1,797**|
|**Total **|**121,908**|**68,281**|<br>**190,190**|**313,695**|
||||||
|**5. Other trading activities**|**Unrestricted**|**Restricted**|**2020**<br>**Total **|<br>**2019**<br>**Total **|
||£|£|**£**|**£**|
|CD Project||-|<br>**-**|<br>**-**|
|**Total **|**-**|<br>**-**|<br>**-**|<br>**-**|
||||||
|**6. Investment income**|**Unrestricted**|**Restricted**|**2020**<br>**Total **|<br>**2019**<br>**Total **|
||£|£|**£**|**£**|
|Central FinanceBoard|2,194||**2,194**|<br> **2,055**|
|Other|37||**37**|<br> **22**|
|**Total **|**2,231**|<br>**-**|<br> **2,231**|<br> **2,077**|
||||||



## **7.  Trustees** 

20 



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<br>Other fees (for advice, accountancy services etc)<br>**Total**|**2019/20**<br>**£**<br>1,680<br>0<br>**1,680**|<br>**2018/19**<br>**£**<br>2,340<br>0|
|||**2,340**|



## **9.  Paid Employees** 

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

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

21 



This Reserves Policy has been approved by the Church Council. 

## **11. Related Parties** 

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



22 



## **12. Details of Designated and Restricted Funds** 

|**2.Details of Designated and Restric**|**ted Funds**|||||
|---|---|---|---|---|---|
||**Balance**<br>**B/F**<br>**01/09/19**|**2019/20**|||**Balance**<br>**C/F**<br>**31/08/20**|
|**_CHURCH FUNDS_**||**Income**|**Expenditure**|**Transfer**<br>**Between**<br>**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 &<br>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**<br>**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. 

23 



## **CHURCH - NOTES TO THE FINANCIAL STATEMENTS** 

|**INCOME**<br>**General Funds (Unrestricted)**<br>**_Note 13 - Offerings and tax recoverable_**<br>Envelope Scheme<br>Banker's Orders<br>Loose Cash<br>Tax recovered<br>Charities Trust<br>Lunchtime Services<br>Donations<br>**_Note 14 - Trustees Grant_**<br>SVFP Grant<br>SVFP Rent<br>Church Grant General<br>**_Note 15 - Visitors Services_**<br>Visitor services - Donations<br>**_Note 16 - Interest & investment income_**<br>Dividend Income<br>Deposit interest<br>**_Note 17 -Special Events_**<br>Daffodil Day<br>Christmas Lunch<br>Prayer and Healing Ministry including<br>Conference<br>The Gathering<br>Women's Conference<br>Church Outing<br>Carol Service<br>Special Services<br>Anniversary Dinner<br>Church Fun Fellowship Retreat<br>Miscellaneous<br>**_Note 18 - Church Groups & Ministries_**<br>JC Live<br>YPF<br>Sanctuary<br>Does God go to Work?<br>Sermon CDs|**2019 /20**<br>**£**<br>**£**<br>56,324<br>35,982<br>27,805<br>31,767<br>1,667<br>434<br>153,979<br>24,763<br>178,742<br>18,468<br>26,016<br>215,844<br>260,328<br>1,131<br>1,131<br>37<br>2,194<br>2,231<br>2,795<br>1,378<br>10<br>810<br>293<br>0<br>5,037<br>0<br>1,059<br>9,363<br>2,298<br>23,043<br>65<br>0<br>0<br>483<br>156<br>704|**2018 /19**<br>**£**<br>**£**<br>63,953<br>37,951<br>40,087<br>26,197<br>1,797<br>562|**2018 /19**<br>**£**<br>**£**<br>63,953<br>37,951<br>40,087<br>26,197<br>1,797<br>562|
|---|---|---|---|
||18,468<br>26,016<br>215,844|17,964<br>25,308<br>204,612|170,547<br>26,954|
||||197,501|
||||<br>|
||1,131|2,257|247,884|
|||||
||37<br>2,194|22<br>2,055|2,257|
|||||
||2,795<br>1,378<br>10<br>810<br>293<br>0<br>5,037<br>0<br>1,059<br>9,363<br>2,298|3,826<br>1,152<br>2,583<br>630<br>1,791<br>780<br>4,455<br>1,605<br>1,329<br>0<br>(120)|2,077|
||||<br> <br> <br> <br> <br> <br> <br> <br> <br>|
||65<br>0<br>0<br>483<br>156|330<br>148<br>302<br>480<br>451|18,031|
||||<br> <br> <br> <br>|
||||1,711|



24 



## **CHURCH - NOTES TO THE FINANCIAL STATEMENTS** 

|**EXPENDITURE**<br>**_Note 19 Office Supplies_**<br>Photocopying<br>General Stationery<br>Printing<br>Literature<br>Easter Offering / Gift envelopes<br>Postage<br>Computer supplies & software incl Digital<br>Outreach<br>Office Equipment & Supplies<br>**_Note 20 Church Groups_**<br>JC Live<br>God at Work<br>Crèche<br>Sermon CDs<br>Wednesday Lunchtime<br>YPF<br>Prayer & Pilates<br>Social Responsibility<br>Hebrew Class<br>Support for Missions<br>**_Notes 21 -Special Projects & Events_**<br>Daffodil Day<br>Christmas lunch & party<br>Prayer and Healing Ministry including<br>Conference<br>Gathering<br>Women's Ministry<br>Church Fun and Fellowship Retreat<br>Church Outing<br>Carol Service<br>Anniversary Dinner<br>Cathedral Events<br>Good Friday in Victoria Street<br>**_Note 22 Music Account_**<br>Fees for Directors of Music / Musicians /<br>Choirs<br>Music Expenses|**2019 /20**<br>**£**<br>**£**<br>4,710<br>2,061<br>1,239<br>5,030<br>736<br>1,528<br>8,969<br>1,998<br>26,271<br>553<br>100<br>3,222<br>0<br>0<br>340<br>0<br>343<br>892<br>659<br>6,109<br>4,031<br>3,348<br>2,020<br>3,251<br>520<br>9,389<br>0<br>7,659<br>2,527<br>1,196<br>60<br>34,001<br>43,082<br>1,758<br>44,840|**2018 /19**<br>**£**<br>**£**<br>7,015<br>3,072<br>3,799<br>1,033<br>350<br>0<br>4,957<br>627|**2018 /19**<br>**£**<br>**£**<br>7,015<br>3,072<br>3,799<br>1,033<br>350<br>0<br>4,957<br>627|
|---|---|---|---|
||553<br>100<br>3,222<br>0<br>0<br>340<br>0<br>343<br>892<br>659<br>4,031<br>3,348<br>2,020<br>3,251<br>520<br>9,389<br>0<br>7,659<br>2,527<br>1,196<br>60|695<br>155<br>426<br>1,048<br>40<br>216<br>948<br>0<br>500<br>216|20,853|
||||<br> <br> <br> <br> <br> <br> <br> <br>|
|||5,139<br>2,242<br>2,704<br>2,132<br>3,746<br>0<br>1,966<br>6,701<br>3,366<br>1,675<br>300|4,244|
||||<br> <br> <br> <br> <br> <br> <br> <br> <br>|
||43,082<br>1,758|50,894<br>3,079|29,971|
|||||
||||53,973|



25 



|**CHURCH- NOTES TO THE FINANCIAL STATEMENTS**<br>**2019 /20**<br>**RESOURCES EXPENDED**<br>**£**<br>**£**<br>**_Note 23 - Other expenditure_**<br>Pulpit supply<br>3,090<br>Lay training<br>2,006<br>Website development & maintenance<br>7,657<br>In-house hospitality / Volunteers Dinner<br>631<br>Hospitality & Restaurant Vouchers<br>(1,712)<br>Bank charges<br>519<br>Church Insurance<br>0<br>Miscellaneous<br>4,081<br>Materials and Items for Services<br>-658<br>Subscriptions<br>1,449<br>Independent Examiners Fees<br>3,170<br>20,233<br>**_Note 24 Grants & Donations_**<br>The Fund for the Support of Presbyters and<br>Deacons (previously Auxiliary Fund)<br>Payment<br>200<br>Property Fund<br>330<br>London Mission Fund<br>200<br>730<br>St Vincent's Family Project<br>44,480<br>The Gate Crisis Pregnancy Centre<br>2,000<br>47,210|**CHURCH- NOTES TO THE FINANCIAL STATEMENTS**<br>**2019 /20**<br>**RESOURCES EXPENDED**<br>**£**<br>**£**<br>**_Note 23 - Other expenditure_**<br>Pulpit supply<br>3,090<br>Lay training<br>2,006<br>Website development & maintenance<br>7,657<br>In-house hospitality / Volunteers Dinner<br>631<br>Hospitality & Restaurant Vouchers<br>(1,712)<br>Bank charges<br>519<br>Church Insurance<br>0<br>Miscellaneous<br>4,081<br>Materials and Items for Services<br>-658<br>Subscriptions<br>1,449<br>Independent Examiners Fees<br>3,170<br>20,233<br>**_Note 24 Grants & Donations_**<br>The Fund for the Support of Presbyters and<br>Deacons (previously Auxiliary Fund)<br>Payment<br>200<br>Property Fund<br>330<br>London Mission Fund<br>200<br>730<br>St Vincent's Family Project<br>44,480<br>The Gate Crisis Pregnancy Centre<br>2,000<br>47,210|**2018 /19**<br>**£**<br>**£**<br>2,071<br>1,356<br>1,287<br>1,422<br>3,286<br>160<br>98<br>275<br>4,578<br>365<br>832|**2018 /19**<br>**£**<br>**£**<br>2,071<br>1,356<br>1,287<br>1,422<br>3,286<br>160<br>98<br>275<br>4,578<br>365<br>832|
|---|---|---|---|
|**RESOURCES EXPENDED**<br>**_Note 23 - Other expenditure_**<br>Pulpit supply<br>Lay training<br>Website development & maintenance<br>In-house hospitality / Volunteers Dinner<br>Hospitality & Restaurant Vouchers<br>Bank charges<br>Church Insurance<br>Miscellaneous<br>Materials and Items for Services<br>Subscriptions<br>Independent Examiners Fees<br>**_Note 24 Grants & Donations_**<br>The Fund for the Support of Presbyters and<br>Deacons (previously Auxiliary Fund)<br>Payment<br>Property Fund<br>London Mission Fund<br>St Vincent's Family Project<br>The Gate Crisis Pregnancy Centre||||
||200<br>330<br>200|400<br>660<br>400|15,730|
||||<br>|
||||1,460<br>43,097<br>2,000|
||||46,557|



26 



|**CHURCH- NOTES TO THE FINANCIAL STATEMENTS**<br>**2019 /20**<br>**BALANCE SHEET NOTES**<br>**£**<br>**£**<br>**_Note 25 - Debtors and Prepayments_**<br>**Debtors**<br>**Accrued Income**<br>Gift Aid for General Fund<br>37,552<br>Covid-19 Furlough<br>8,401<br>Overpayment to Company in Prior Years<br>404<br>RESTRICTED Gift Aid for Chapel Renewal Fund<br>8,076<br>Owed by Circuit<br>2,120<br>56,553<br>**Prepayments**<br>Fun and Fellowship Weekend<br>0<br>Circuit<br>0<br>0 <br>56,553<br>**_Note 26 - Cash at Bank and in hand_**<br>General Fund - HSBC Current Account<br>19,548<br>General Fund Sanctuary Account<br>309<br>General Fund Petty Cash<br>247<br>Restricted Funds - Benevolent<br>536<br>20,640<br>**_Note 27 - Central Finance Board_**<br>Designated Funds<br>227,262<br>Restricted Funds<br>64,943<br>General Fund<br>41,563<br>Restricted / Designated Funds<br>333,768<br>333,768<br>**_Note 28 - Creditors (due in under 1 year) and_**<br>**_unused funds c/fwd._**<br>**Accrued Expenses**<br>Independent Examiners Fees<br>1,680<br>Staff expenses / Musicians<br>1,494<br>Lay Training<br>0<br>Hospitality<br>118<br>Digital Outreach Salary & Expenses<br>29<br>Youth Worker Salary<br>0<br>Photocopying & Printing<br>439<br>Stationery / Books / Materials for Services<br>124<br>Computer Supplies & Multimedia<br>1,491<br>Website Maintenance & Development<br>110<br>Church Groups & Events<br>0<br>Grants & Donations<br>0<br>Advertising<br>4,313<br>Miscellaneous & items for Services<br>1,149<br>Owed to Circuit<br>38,314<br>Designated / Restricted Funds<br>540<br>49,801<br>**Prepaid Income**<br>Church General Fund<br>0<br>Circuit Reallocation<br>0 <br>0<br>49,801|**CHURCH- NOTES TO THE FINANCIAL STATEMENTS**<br>**2019 /20**<br>**BALANCE SHEET NOTES**<br>**£**<br>**£**<br>**_Note 25 - Debtors and Prepayments_**<br>**Debtors**<br>**Accrued Income**<br>Gift Aid for General Fund<br>37,552<br>Covid-19 Furlough<br>8,401<br>Overpayment to Company in Prior Years<br>404<br>RESTRICTED Gift Aid for Chapel Renewal Fund<br>8,076<br>Owed by Circuit<br>2,120<br>56,553<br>**Prepayments**<br>Fun and Fellowship Weekend<br>0<br>Circuit<br>0<br>0 <br>56,553<br>**_Note 26 - Cash at Bank and in hand_**<br>General Fund - HSBC Current Account<br>19,548<br>General Fund Sanctuary Account<br>309<br>General Fund Petty Cash<br>247<br>Restricted Funds - Benevolent<br>536<br>20,640<br>**_Note 27 - Central Finance Board_**<br>Designated Funds<br>227,262<br>Restricted Funds<br>64,943<br>General Fund<br>41,563<br>Restricted / Designated Funds<br>333,768<br>333,768<br>**_Note 28 - Creditors (due in under 1 year) and_**<br>**_unused funds c/fwd._**<br>**Accrued Expenses**<br>Independent Examiners Fees<br>1,680<br>Staff expenses / Musicians<br>1,494<br>Lay Training<br>0<br>Hospitality<br>118<br>Digital Outreach Salary & Expenses<br>29<br>Youth Worker Salary<br>0<br>Photocopying & Printing<br>439<br>Stationery / Books / Materials for Services<br>124<br>Computer Supplies & Multimedia<br>1,491<br>Website Maintenance & Development<br>110<br>Church Groups & Events<br>0<br>Grants & Donations<br>0<br>Advertising<br>4,313<br>Miscellaneous & items for Services<br>1,149<br>Owed to Circuit<br>38,314<br>Designated / Restricted Funds<br>540<br>49,801<br>**Prepaid Income**<br>Church General Fund<br>0<br>Circuit Reallocation<br>0 <br>0<br>49,801|**2018 /19**<br>**£**<br>34,574<br>0<br>8,500<br>0|**2018 /19**<br>**£**<br>34,574<br>0<br>8,500<br>0|
|---|---|---|---|
|**BALANCE SHEET NOTES**<br>**_Note 25 - Debtors and Prepayments_**<br>**Debtors**<br>**Accrued Income**<br>Gift Aid for General Fund<br>Covid-19 Furlough<br>Overpayment to Company in Prior Years<br>RESTRICTED Gift Aid for Chapel Renewal Fund<br>Owed by Circuit<br>**Prepayments**<br>Fun and Fellowship Weekend<br>Circuit<br>**_Note 26 - Cash at Bank and in hand_**<br>General Fund - HSBC Current Account<br>General Fund Sanctuary Account<br>General Fund Petty Cash<br>Restricted Funds - Benevolent<br>**_Note 27 - Central Finance Board_**<br>Designated Funds<br>Restricted Funds<br>General Fund<br>Restricted / Designated Funds<br>**_Note 28 - Creditors (due in under 1 year) and_**<br>**_unused funds c/fwd._**<br>**Accrued Expenses**<br>Independent Examiners Fees<br>Staff expenses / Musicians<br>Lay Training<br>Hospitality<br>Digital Outreach Salary & Expenses<br>Youth Worker Salary<br>Photocopying & Printing<br>Stationery / Books / Materials for Services<br>Computer Supplies & Multimedia<br>Website Maintenance & Development<br>Church Groups & Events<br>Grants & Donations<br>Advertising<br>Miscellaneous & items for Services<br>Owed to Circuit<br>Designated / Restricted Funds<br>**Prepaid Income**<br>Church General Fund<br>Circuit Reallocation||||
||0<br>0|1,558<br>16,955|43,074<br> <br>18,513|
||227,262<br>64,943<br>41,563|245,679<br>0<br>0||
||||61,587|
||||59,608<br>309<br>189<br>42,108|
||||102,214|
||||<br>245,679|
||1,680<br>1,494<br>0<br>118<br>29<br>0<br>439<br>124<br>1,491<br>110<br>0<br>0<br>4,313<br>1,149<br>38,314<br>540|850<br>8,140<br>300<br>3,117<br>1,324<br>1,057<br>1,638<br>4,470<br>2,828<br>874<br>1,271<br>1,460<br>2,157<br>117<br>0<br>5,120||
||||245,679|
||||<br> <br> <br> <br> <br> <br> <br> <br> <br> <br> <br> <br> <br> <br>|
||0<br>0|692<br>15,935|34,723|
||||<br> <br>16,627|
|||||
||||51,350|



27 



## **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 


28 



## **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 

29 



**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** ) 

1 



**LONDON MISSION (WESTMINSTER) CIRCUIT 35 / 03 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 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 

2 



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. 

## **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’ 

3 



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 

4 



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. 

5 



## **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. 

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** 

6 



## **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: 

1. The Christian faith in accordance with the doctrinal standards and discipline of The Methodist Church; 

2. Any charitable purpose for the time being of any Connexional, District, Circuit, local or other organisation of The Methodist Church; 

3. Any charitable purpose for the time being of any society or institution subsidiary or ancillary to The Methodist Church; 

4. 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. 

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 _of the Building_ are appointed annually by the annual Conference of the Methodist Church of Great Britain, rather than, more commonly, the circuit meeting. 

7 



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 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. 

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 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 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. 

8 



## **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: 

1. The care and nurture of, and respectful pastoral ministry with, all children, young people and adults. 

2. The safeguarding and protection of all children, young people and adults when they are vulnerable. 

3. The establishing of safe, caring communities which provide a loving environment where there is informed vigilance as to the dangers of abuse. 

4. 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. 

5. 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. 

6. We will seek to work with anyone who has suffered abuse, developing with them an appropriate ministry of informed pastoral care. 

7. We will seek to challenge any abuse of power, especially by anyone in a position of trust. 

8. 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. 

9. In all these principles we will follow legislation, guidance and recognised good practice. 

## **London Mission (Westminster) Circuit commits itself to: -** 

1. Ensuring the implementation of Connexional Safeguarding Policy; government legislation, guidance and safe practice in the circuit and in the churches. 

2. 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. 

9 



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 

10 



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

||**Notes**|**General Fund**<br>**(Unrestricted)**|**Designated**<br>**Funds**|**Restricted**<br>**Funds**|**Endowment**<br>**(Restricted)**|**2019/20**<br>**Totals**||**2018/19**<br>**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<br>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<br>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**<br>**year**||**1,942,712**|**316,631**|**58**|**0**|**2,259,401**||**2,283,529**|



11 



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

||**Notes**|**General Fund**<br>**(Unrestricted)**|**Designated**<br>**Funds**|**Restricted**<br>**Funds**|**Endowment**<br>**(Restricted)**|**2019/20**<br>**Totals**|**2018/19**<br>**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 

12 



## **London Mission (Westminster) Circuit 35/03** 

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

||**Notes**|**General Fund**<br>**(Unrestricted)**|**Designated**<br>**Funds**|**Restricted**<br>**Funds**|**Endowment**<br>**(Restricted)**|**2018/19**<br>**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<br>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**|



13 



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

||**Notes**|**General Fund**<br>**(Unrestricted)**|**Designated**<br>**Funds**|**Restricted**<br>**Funds**|**Endowment**<br>**(Restricted)**|**2018/19**<br>**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**|



14 



## **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 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. 

## **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** 

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 Circuit to pay out resources. 

15 



## **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 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 

16 



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**<br>**Model**<br>**Trust Fund**|<br>**Restricted**|<br>**2020**<br>**Total **|<br>**2019**<br>**Total **|
|---|---|---|---|---|---|
||**£**|**£**|**£**|**£**|**£**|
|Legacies|0|-|<br>-|<br> 0|4,641|
|**Total **|**0**|**-**|<br>**-**|<br> **0**|**4,641**|
|||||||
|**5. Investment income**||||||
|Central FinanceBoard|347|0|0|347|<br>2,260|
|Other|0|0|0|0|0|
|**Total **|**347**|**0**|**0**|**347**|**2,260**|



## **6.  Payment to 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 2020. 

|Number of trustees who were paid expenses<br>Total amount paid|**2019/20**<br>**2018/19**<br>5<br>5|
|---|---|
||**£**<br>**£**<br>6,258<br>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<br>Other fees (for advice, accountancy services etc)<br>**Total **|**2019/20**<br>**£**<br>1,680<br>0<br>**1,680**|**2018/19**<br>**£**<br>1,740<br>0|
|||**1,740**|



## **8.  Paid Employees** 

Staff costs during the year were as below: - 

**2019/20 2018/19** 

17 



||**£**|**£**|
|---|---|---|
|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**<br>**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**|<br>**1,449,534**|<br>**1,932,713**|
|**Net Book Value carried forward**|**483,179**|<br>**1,449,534**|<br>**1,932,713**|



## **9a Investments** 

No other investments are held by the Circuit 

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

18 



|**INCOME**<br>**_Note 10 Rental Income_**<br>Pond Green<br>Exbury House<br>**EXPENDITURE**<br>**_Note 11 - Insurance, Utilities etc._**<br>Manse expenditure<br>Insurance<br>Telephone (incl mobiles & broadband)<br>Water Rates<br>Service Charges & Utility Maintenance<br>Contracts<br>Council Tax<br>Utilities<br>**_Note 12 - Repairs and Maintenance_**<br>Manse repairs & maintenance<br>**_Note 13 Manse Mortgage_**<br>Capital Repayments<br>Interest Payments<br>**_Note 14 Office Staff &Supplies_**<br>Staff Costs<br>Photocopying<br>Computer supplies & software<br>**_Note 15 Media Chaplaincy_**<br>Media Chaplaincy - Hospitality|**2019/20**<br>**£**<br>**£**<br>4,660<br>0<br>4,660<br>**£**<br>**£**<br>1,552<br>1,227<br>929<br>7,460<br>6,944<br>2,951<br>21,064<br>3,991<br>3,991<br>0<br>0<br>0<br>6,516<br>1,549<br>1,378<br>9,443<br>23<br>23|**2018/19**<br>**£**<br>**£**<br>13,223<br>18,275|**2018/19**<br>**£**<br>**£**<br>13,223<br>18,275|
|---|---|---|---|
||**£**<br>1,552<br>1,227<br>929<br>7,460<br>6,944<br>2,951|**£**<br>1,682<br>1,413<br>1,813<br>6,938<br>4,088<br>3,178|31,498<br>**£**<br>|
||3,991|1,049|19,112|
|||||
||0<br>0|0<br>0|1,049|
|||||
||6,516<br>1,549<br>1,378|7,499<br>1,754<br>708|0|
|||||
||23|25|9,961|
|||||
||||25|



19 



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

## **BALANCE SHEET NOTES** 

|**Note 16 Property Revaluation (****_Valuations_**<br>**_Made 2014_) **<br>6 Exbury House (25% owned by Circuit)<br>4 Cotton Row (50.25% owned by Circuit)<br>16 Pond Green (100% Owned by Circuit)<br>108A Shirley Avenue  (100% Owned by<br>Circuit)<br>**TOTAL VALUE**<br>Prior Valuation<br>**Revaluation Reserve**<br>**_Note 17 -Prepayments_**<br>Stipends<br>Manse Expenses<br>**Accrued Income**<br>Donations from Church for General Fund<br>Legacy Income<br>**Owed by Church**<br>Church Expenses Paid by Circuit<br>**_Note 18 - Central Finance Board_**<br>Restricted Funds<br>Designated Funds<br>General Fund<br>**_Note 18 - TMCP_**<br>Manse Sale and Purchase Fund<br>Other Designated Funds<br>**_Note 19 - Cash at Bank& In Hand_**<br>General Fund<br>Restricted Funds<br>**BALANCE SHEET NOTES**<br>**_Note 20 - Creditors  & Accruals_**<br>Ministers Travel & Accommodation<br>Manse Costs<br>Photocopying<br>Independent Examiners Fee<br>Administration Staff Costs<br>Ministerial Training<br>Church Income Prepaid<br>Designated Funds|**Property**<br>**Value**<br>**£**<br>550,000<br>1,485,000<br>400,000<br>649,000<br>9,643<br>3,779<br>38,314<br>0|**Circuit**<br>**Value**<br>**£**<br>137,500<br>746,213<br>400,000<br>649,000<br>**1,932,713**<br>1,142,685<br>**790,028 **<br>51,735<br>3,486<br>32,842<br>247,707<br>1,268<br>10,351<br>0<br>10,351|10,286<br>2,734<br>0<br>19,364|**Circuit**<br>**Value**<br>**£**<br>137,500<br>746,213<br>400,000<br>649,000|
|---|---|---|---|---|
|||||**1,932,713**|
|||||1,142,685|
|||||**790,028 **|
||||||
||3,486<br>58<br>32,784<br>0||0<br>81<br>97,458<br>(25,161)|32,384|
|||||0|
||246,603<br>1,104||246,603<br>1,104|72,378|
||||||
||(34,872)<br>36,139||15,030<br>0|247,707|
||||||
||0<br>3,863<br>1,176<br>3,420<br>1,893<br>0<br>0||404<br>1,493<br>2,539<br>850<br>1,275<br>238<br>5,457|15,030|
|||||12,255<br>4,429|
||0||4,429||
||||||
|||||16,684|



20 



## **London Mission (Westminster) Circuit 35 / 03** 

||**BALANCE**<br>**B/F**<br>**01/09/19**|**2019/20**|||**BALANCE**<br>**C/F**<br>**31/08/20**|
|---|---|---|---|---|---|
|**CIRCUIT FUNDS**||**Income**|**Expenditure**|**Transfer**<br>**Between**<br>**Funds**||
|**FUNDS**|**£**|**£**|**£**|**£**|**£**|
|||||||
|**Restricted**||||||
|Media Chaplaincy|81|0|(23)|0|58|
|**TOTAL RESTRICTED**<br>**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 &**<br>**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**|<br>**216,246**|<br>**(240,374)**|**0**|<br>**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. 


21 



## **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. 

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 

22 



## **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’). 

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 

23 



**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 

1 



**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)! 

2 



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 

3 



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. 

4 



- 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. 

5 



## **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. 

6 



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). 

7 



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. 

8 



## **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 

9 



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 

10 



## **METHODIST CENTRAL HALL WESTMINSTER - CHURCH ACCOUNTS** 

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

||**Notes**|**Unrestricted**<br>**Fund (General)**|**Designated**<br>**Funds**|**Resrticted**<br>**Funds**|**2019/20**<br>**Totals**||**2018/19**<br>**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**|



11 



## **METHODIST CENTRAL HALL WESTMINSTER - CHURCH ACCOUNTS** 

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

|**Expenditure**|**Notes**|**Unrestricted**<br>**Fund (General)**|**Designated**<br>**Funds**|**Resrticted**<br>**Funds**|**2019/20**<br>**Totals**||**2018/19**<br>**Totals**|
|---|---|---|---|---|---|---|---|
|||**£**|**£**|**£**|**£**<br>**£**|||
|Office &Ministry Staff||70,317|0||70,317||58,809|
|Net Payment for Circuit Expenses excluding mortgage<br>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**<br>**60,778**||**358,128**||**292,486**|
|**Total funds carried forward**||**60,882**|**227,261**|**73,015**|**361,158**||**358,128 **|



12 



## **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**<br>**£**|**2018/19**<br>**£**|
|---|---|
|2,201|<br> 2,403|
|12,441|<br>15,027|
|12,318|15,229|
|**2,324**|<br> **2,201**|



13 



## **METHODIST CENTRAL HALL WESTMINSTER - CHURCH ACCOUNTS** 

## **CHURCH BALANCE SHEET for the Year Ended 31 August 2020** 

||**Notes**|**Unrestricted**<br>**Fund (General)**|**Designated**<br>**Funds**|**Restricted**<br>**Funds**|**2019/20**<br>**Totals**|**2018/19**<br>**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 

14 



## **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|<br>75,359|
|**Cash flows from Investing Activities**|||
|Dividends,interest andrentsfrom investments|2,231|<br>2,077|
|**Net Cash flows used in Investing Activities**|**2,231**|<br> **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**|<br>**347,892**|
|**CHURCH RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING**<br>**ACTIVITIES**|||
||**2019/20 **|**2018/19**|
||**£**|**£**|
|**Net Income for the Reporting Period (as per Statement of Financial**<br>**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**|<br>**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**|<br>**347,890**|



15 



## **METHODIST CENTRAL HALL WESTMINSTER - CHURCH ACCOUNTS** 

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

||**Notes**|**Unrestricted**<br>**Fund (General)**<br>**£**|**Designated**<br>**Funds**<br>**£**|**Restricted**<br>**Funds**<br>**£**|**2018/19**<br>**Totals**<br>**£**|
|---|---|---|---|---|---|
|**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** 

16 



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

|<br>**Expenditure**|<br>**Notes**|<br>**Unrestricted**<br>**Fund (General)**|<br>**Unrestricted**<br>**Fund (General)**|<br>**Restricted**<br>**Funds**|**2018/19**<br>**Totals**|
|---|---|---|---|---|---|
|||||**£**|**£**|
|Office &Ministry Staff||58,809||0|58,809|
|Net Payment for Circuit Expenses excluding mortgage<br>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 **|



17 



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

||**Notes**|**Unrestricted**<br>**Fund(General)**|**Designated**<br>**Funds**|**Restricted**<br>**Funds**|**2018/19**<br>**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**|



18 



## **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. 

19 



## **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**<br>**Total **|<br>**2019**<br>**Total **|
||**£**|**£**|**£**|**£**|
|Collections|120,241|<br> 68,281|<br>**188,522**|**311,898**|
|Taxcredits|-|<br>-|<br>**0**|<br> **0**|
|Donations|1,667|<br>-|<br>**1,667**|<br>**1,797**|
|**Total **|**121,908**|**68,281**|<br>**190,190**|**313,695**|
||||||
|**5. Other trading activities**|**Unrestricted**|**Restricted**|**2020**<br>**Total **|<br>**2019**<br>**Total **|
||£|£|**£**|**£**|
|CD Project||-|<br>**-**|<br>**-**|
|**Total **|**-**|<br>**-**|<br>**-**|<br>**-**|
||||||
|**6. Investment income**|**Unrestricted**|**Restricted**|**2020**<br>**Total **|<br>**2019**<br>**Total **|
||£|£|**£**|**£**|
|Central FinanceBoard|2,194||**2,194**|<br> **2,055**|
|Other|37||**37**|<br> **22**|
|**Total **|**2,231**|<br>**-**|<br> **2,231**|<br> **2,077**|
||||||



## **7.  Trustees** 

20 



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<br>Other fees (for advice, accountancy services etc)<br>**Total**|**2019/20**<br>**£**<br>1,680<br>0<br>**1,680**|<br>**2018/19**<br>**£**<br>2,340<br>0|
|||**2,340**|



## **9.  Paid Employees** 

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

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

21 



This Reserves Policy has been approved by the Church Council. 

## **11. Related Parties** 

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



22 



## **12. Details of Designated and Restricted Funds** 

|**2.Details of Designated and Restric**|**ted Funds**|||||
|---|---|---|---|---|---|
||**Balance**<br>**B/F**<br>**01/09/19**|**2019/20**|||**Balance**<br>**C/F**<br>**31/08/20**|
|**_CHURCH FUNDS_**||**Income**|**Expenditure**|**Transfer**<br>**Between**<br>**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 &<br>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**<br>**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. 

23 



## **CHURCH - NOTES TO THE FINANCIAL STATEMENTS** 

|**INCOME**<br>**General Funds (Unrestricted)**<br>**_Note 13 - Offerings and tax recoverable_**<br>Envelope Scheme<br>Banker's Orders<br>Loose Cash<br>Tax recovered<br>Charities Trust<br>Lunchtime Services<br>Donations<br>**_Note 14 - Trustees Grant_**<br>SVFP Grant<br>SVFP Rent<br>Church Grant General<br>**_Note 15 - Visitors Services_**<br>Visitor services - Donations<br>**_Note 16 - Interest & investment income_**<br>Dividend Income<br>Deposit interest<br>**_Note 17 -Special Events_**<br>Daffodil Day<br>Christmas Lunch<br>Prayer and Healing Ministry including<br>Conference<br>The Gathering<br>Women's Conference<br>Church Outing<br>Carol Service<br>Special Services<br>Anniversary Dinner<br>Church Fun Fellowship Retreat<br>Miscellaneous<br>**_Note 18 - Church Groups & Ministries_**<br>JC Live<br>YPF<br>Sanctuary<br>Does God go to Work?<br>Sermon CDs|**2019 /20**<br>**£**<br>**£**<br>56,324<br>35,982<br>27,805<br>31,767<br>1,667<br>434<br>153,979<br>24,763<br>178,742<br>18,468<br>26,016<br>215,844<br>260,328<br>1,131<br>1,131<br>37<br>2,194<br>2,231<br>2,795<br>1,378<br>10<br>810<br>293<br>0<br>5,037<br>0<br>1,059<br>9,363<br>2,298<br>23,043<br>65<br>0<br>0<br>483<br>156<br>704|**2018 /19**<br>**£**<br>**£**<br>63,953<br>37,951<br>40,087<br>26,197<br>1,797<br>562|**2018 /19**<br>**£**<br>**£**<br>63,953<br>37,951<br>40,087<br>26,197<br>1,797<br>562|
|---|---|---|---|
||18,468<br>26,016<br>215,844|17,964<br>25,308<br>204,612|170,547<br>26,954|
||||197,501|
||||<br>|
||1,131|2,257|247,884|
|||||
||37<br>2,194|22<br>2,055|2,257|
|||||
||2,795<br>1,378<br>10<br>810<br>293<br>0<br>5,037<br>0<br>1,059<br>9,363<br>2,298|3,826<br>1,152<br>2,583<br>630<br>1,791<br>780<br>4,455<br>1,605<br>1,329<br>0<br>(120)|2,077|
||||<br> <br> <br> <br> <br> <br> <br> <br> <br>|
||65<br>0<br>0<br>483<br>156|330<br>148<br>302<br>480<br>451|18,031|
||||<br> <br> <br> <br>|
||||1,711|



24 



## **CHURCH - NOTES TO THE FINANCIAL STATEMENTS** 

|**EXPENDITURE**<br>**_Note 19 Office Supplies_**<br>Photocopying<br>General Stationery<br>Printing<br>Literature<br>Easter Offering / Gift envelopes<br>Postage<br>Computer supplies & software incl Digital<br>Outreach<br>Office Equipment & Supplies<br>**_Note 20 Church Groups_**<br>JC Live<br>God at Work<br>Crèche<br>Sermon CDs<br>Wednesday Lunchtime<br>YPF<br>Prayer & Pilates<br>Social Responsibility<br>Hebrew Class<br>Support for Missions<br>**_Notes 21 -Special Projects & Events_**<br>Daffodil Day<br>Christmas lunch & party<br>Prayer and Healing Ministry including<br>Conference<br>Gathering<br>Women's Ministry<br>Church Fun and Fellowship Retreat<br>Church Outing<br>Carol Service<br>Anniversary Dinner<br>Cathedral Events<br>Good Friday in Victoria Street<br>**_Note 22 Music Account_**<br>Fees for Directors of Music / Musicians /<br>Choirs<br>Music Expenses|**2019 /20**<br>**£**<br>**£**<br>4,710<br>2,061<br>1,239<br>5,030<br>736<br>1,528<br>8,969<br>1,998<br>26,271<br>553<br>100<br>3,222<br>0<br>0<br>340<br>0<br>343<br>892<br>659<br>6,109<br>4,031<br>3,348<br>2,020<br>3,251<br>520<br>9,389<br>0<br>7,659<br>2,527<br>1,196<br>60<br>34,001<br>43,082<br>1,758<br>44,840|**2018 /19**<br>**£**<br>**£**<br>7,015<br>3,072<br>3,799<br>1,033<br>350<br>0<br>4,957<br>627|**2018 /19**<br>**£**<br>**£**<br>7,015<br>3,072<br>3,799<br>1,033<br>350<br>0<br>4,957<br>627|
|---|---|---|---|
||553<br>100<br>3,222<br>0<br>0<br>340<br>0<br>343<br>892<br>659<br>4,031<br>3,348<br>2,020<br>3,251<br>520<br>9,389<br>0<br>7,659<br>2,527<br>1,196<br>60|695<br>155<br>426<br>1,048<br>40<br>216<br>948<br>0<br>500<br>216|20,853|
||||<br> <br> <br> <br> <br> <br> <br> <br>|
|||5,139<br>2,242<br>2,704<br>2,132<br>3,746<br>0<br>1,966<br>6,701<br>3,366<br>1,675<br>300|4,244|
||||<br> <br> <br> <br> <br> <br> <br> <br> <br>|
||43,082<br>1,758|50,894<br>3,079|29,971|
|||||
||||53,973|



25 



|**CHURCH- NOTES TO THE FINANCIAL STATEMENTS**<br>**2019 /20**<br>**RESOURCES EXPENDED**<br>**£**<br>**£**<br>**_Note 23 - Other expenditure_**<br>Pulpit supply<br>3,090<br>Lay training<br>2,006<br>Website development & maintenance<br>7,657<br>In-house hospitality / Volunteers Dinner<br>631<br>Hospitality & Restaurant Vouchers<br>(1,712)<br>Bank charges<br>519<br>Church Insurance<br>0<br>Miscellaneous<br>4,081<br>Materials and Items for Services<br>-658<br>Subscriptions<br>1,449<br>Independent Examiners Fees<br>3,170<br>20,233<br>**_Note 24 Grants & Donations_**<br>The Fund for the Support of Presbyters and<br>Deacons (previously Auxiliary Fund)<br>Payment<br>200<br>Property Fund<br>330<br>London Mission Fund<br>200<br>730<br>St Vincent's Family Project<br>44,480<br>The Gate Crisis Pregnancy Centre<br>2,000<br>47,210|**CHURCH- NOTES TO THE FINANCIAL STATEMENTS**<br>**2019 /20**<br>**RESOURCES EXPENDED**<br>**£**<br>**£**<br>**_Note 23 - Other expenditure_**<br>Pulpit supply<br>3,090<br>Lay training<br>2,006<br>Website development & maintenance<br>7,657<br>In-house hospitality / Volunteers Dinner<br>631<br>Hospitality & Restaurant Vouchers<br>(1,712)<br>Bank charges<br>519<br>Church Insurance<br>0<br>Miscellaneous<br>4,081<br>Materials and Items for Services<br>-658<br>Subscriptions<br>1,449<br>Independent Examiners Fees<br>3,170<br>20,233<br>**_Note 24 Grants & Donations_**<br>The Fund for the Support of Presbyters and<br>Deacons (previously Auxiliary Fund)<br>Payment<br>200<br>Property Fund<br>330<br>London Mission Fund<br>200<br>730<br>St Vincent's Family Project<br>44,480<br>The Gate Crisis Pregnancy Centre<br>2,000<br>47,210|**2018 /19**<br>**£**<br>**£**<br>2,071<br>1,356<br>1,287<br>1,422<br>3,286<br>160<br>98<br>275<br>4,578<br>365<br>832|**2018 /19**<br>**£**<br>**£**<br>2,071<br>1,356<br>1,287<br>1,422<br>3,286<br>160<br>98<br>275<br>4,578<br>365<br>832|
|---|---|---|---|
|**RESOURCES EXPENDED**<br>**_Note 23 - Other expenditure_**<br>Pulpit supply<br>Lay training<br>Website development & maintenance<br>In-house hospitality / Volunteers Dinner<br>Hospitality & Restaurant Vouchers<br>Bank charges<br>Church Insurance<br>Miscellaneous<br>Materials and Items for Services<br>Subscriptions<br>Independent Examiners Fees<br>**_Note 24 Grants & Donations_**<br>The Fund for the Support of Presbyters and<br>Deacons (previously Auxiliary Fund)<br>Payment<br>Property Fund<br>London Mission Fund<br>St Vincent's Family Project<br>The Gate Crisis Pregnancy Centre||||
||200<br>330<br>200|400<br>660<br>400|15,730|
||||<br>|
||||1,460<br>43,097<br>2,000|
||||46,557|



26 



|**CHURCH- NOTES TO THE FINANCIAL STATEMENTS**<br>**2019 /20**<br>**BALANCE SHEET NOTES**<br>**£**<br>**£**<br>**_Note 25 - Debtors and Prepayments_**<br>**Debtors**<br>**Accrued Income**<br>Gift Aid for General Fund<br>37,552<br>Covid-19 Furlough<br>8,401<br>Overpayment to Company in Prior Years<br>404<br>RESTRICTED Gift Aid for Chapel Renewal Fund<br>8,076<br>Owed by Circuit<br>2,120<br>56,553<br>**Prepayments**<br>Fun and Fellowship Weekend<br>0<br>Circuit<br>0<br>0 <br>56,553<br>**_Note 26 - Cash at Bank and in hand_**<br>General Fund - HSBC Current Account<br>19,548<br>General Fund Sanctuary Account<br>309<br>General Fund Petty Cash<br>247<br>Restricted Funds - Benevolent<br>536<br>20,640<br>**_Note 27 - Central Finance Board_**<br>Designated Funds<br>227,262<br>Restricted Funds<br>64,943<br>General Fund<br>41,563<br>Restricted / Designated Funds<br>333,768<br>333,768<br>**_Note 28 - Creditors (due in under 1 year) and_**<br>**_unused funds c/fwd._**<br>**Accrued Expenses**<br>Independent Examiners Fees<br>1,680<br>Staff expenses / Musicians<br>1,494<br>Lay Training<br>0<br>Hospitality<br>118<br>Digital Outreach Salary & Expenses<br>29<br>Youth Worker Salary<br>0<br>Photocopying & Printing<br>439<br>Stationery / Books / Materials for Services<br>124<br>Computer Supplies & Multimedia<br>1,491<br>Website Maintenance & Development<br>110<br>Church Groups & Events<br>0<br>Grants & Donations<br>0<br>Advertising<br>4,313<br>Miscellaneous & items for Services<br>1,149<br>Owed to Circuit<br>38,314<br>Designated / Restricted Funds<br>540<br>49,801<br>**Prepaid Income**<br>Church General Fund<br>0<br>Circuit Reallocation<br>0 <br>0<br>49,801|**CHURCH- NOTES TO THE FINANCIAL STATEMENTS**<br>**2019 /20**<br>**BALANCE SHEET NOTES**<br>**£**<br>**£**<br>**_Note 25 - Debtors and Prepayments_**<br>**Debtors**<br>**Accrued Income**<br>Gift Aid for General Fund<br>37,552<br>Covid-19 Furlough<br>8,401<br>Overpayment to Company in Prior Years<br>404<br>RESTRICTED Gift Aid for Chapel Renewal Fund<br>8,076<br>Owed by Circuit<br>2,120<br>56,553<br>**Prepayments**<br>Fun and Fellowship Weekend<br>0<br>Circuit<br>0<br>0 <br>56,553<br>**_Note 26 - Cash at Bank and in hand_**<br>General Fund - HSBC Current Account<br>19,548<br>General Fund Sanctuary Account<br>309<br>General Fund Petty Cash<br>247<br>Restricted Funds - Benevolent<br>536<br>20,640<br>**_Note 27 - Central Finance Board_**<br>Designated Funds<br>227,262<br>Restricted Funds<br>64,943<br>General Fund<br>41,563<br>Restricted / Designated Funds<br>333,768<br>333,768<br>**_Note 28 - Creditors (due in under 1 year) and_**<br>**_unused funds c/fwd._**<br>**Accrued Expenses**<br>Independent Examiners Fees<br>1,680<br>Staff expenses / Musicians<br>1,494<br>Lay Training<br>0<br>Hospitality<br>118<br>Digital Outreach Salary & Expenses<br>29<br>Youth Worker Salary<br>0<br>Photocopying & Printing<br>439<br>Stationery / Books / Materials for Services<br>124<br>Computer Supplies & Multimedia<br>1,491<br>Website Maintenance & Development<br>110<br>Church Groups & Events<br>0<br>Grants & Donations<br>0<br>Advertising<br>4,313<br>Miscellaneous & items for Services<br>1,149<br>Owed to Circuit<br>38,314<br>Designated / Restricted Funds<br>540<br>49,801<br>**Prepaid Income**<br>Church General Fund<br>0<br>Circuit Reallocation<br>0 <br>0<br>49,801|**2018 /19**<br>**£**<br>34,574<br>0<br>8,500<br>0|**2018 /19**<br>**£**<br>34,574<br>0<br>8,500<br>0|
|---|---|---|---|
|**BALANCE SHEET NOTES**<br>**_Note 25 - Debtors and Prepayments_**<br>**Debtors**<br>**Accrued Income**<br>Gift Aid for General Fund<br>Covid-19 Furlough<br>Overpayment to Company in Prior Years<br>RESTRICTED Gift Aid for Chapel Renewal Fund<br>Owed by Circuit<br>**Prepayments**<br>Fun and Fellowship Weekend<br>Circuit<br>**_Note 26 - Cash at Bank and in hand_**<br>General Fund - HSBC Current Account<br>General Fund Sanctuary Account<br>General Fund Petty Cash<br>Restricted Funds - Benevolent<br>**_Note 27 - Central Finance Board_**<br>Designated Funds<br>Restricted Funds<br>General Fund<br>Restricted / Designated Funds<br>**_Note 28 - Creditors (due in under 1 year) and_**<br>**_unused funds c/fwd._**<br>**Accrued Expenses**<br>Independent Examiners Fees<br>Staff expenses / Musicians<br>Lay Training<br>Hospitality<br>Digital Outreach Salary & Expenses<br>Youth Worker Salary<br>Photocopying & Printing<br>Stationery / Books / Materials for Services<br>Computer Supplies & Multimedia<br>Website Maintenance & Development<br>Church Groups & Events<br>Grants & Donations<br>Advertising<br>Miscellaneous & items for Services<br>Owed to Circuit<br>Designated / Restricted Funds<br>**Prepaid Income**<br>Church General Fund<br>Circuit Reallocation||||
||0<br>0|1,558<br>16,955|43,074<br> <br>18,513|
||227,262<br>64,943<br>41,563|245,679<br>0<br>0||
||||61,587|
||||59,608<br>309<br>189<br>42,108|
||||102,214|
||||<br>245,679|
||1,680<br>1,494<br>0<br>118<br>29<br>0<br>439<br>124<br>1,491<br>110<br>0<br>0<br>4,313<br>1,149<br>38,314<br>540|850<br>8,140<br>300<br>3,117<br>1,324<br>1,057<br>1,638<br>4,470<br>2,828<br>874<br>1,271<br>1,460<br>2,157<br>117<br>0<br>5,120||
||||245,679|
||||<br> <br> <br> <br> <br> <br> <br> <br> <br> <br> <br> <br> <br> <br>|
||0<br>0|692<br>15,935|34,723|
||||<br> <br>16,627|
|||||
||||51,350|



27 



## **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 


28 



## **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 

29