2021-08-31-accounts - Westminster Methodist Circuit

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Circuit Accruals Accounts 2020/21

THE METHODIST CHURCH

STANDARD FORM OF ACCOUNTS ACCRUALS BASIS

For the year ended 31 August 2021

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 Helen Tudor Ama Ackah-Yensu (Treasurer )

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. It represents considerable commitment on the part of its members, who both gather for worship and learning, and disperse in witness, being involved in a variety of means of service.

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.”

Review of the Year

75 years ago, as the world recovered from the trauma of the Second World War, the United Nations chose Methodist Central Hall Westminster to be the venue for the first meeting of its General Assembly. In 1946 the church had to vacate the building so that the UN could move in, marking the first time when we could not hold weekly church services in our Great Hall. In 2020, as the Covid-19 pandemic swept the world, we again had to leave our building, not so that the world could move in, but as it turned out, so that we could move out into the world. Like the whole world, we moved from being in the unknown about the virus to being aware and then into a rapid series of action steps that ultimately led to our church reaching over 6.1 million people during this period.

The Church’s vision is to be a ‘Global Christian Family Following Jesus at the Heart of London.’ Little did we know how prophetic this was to become. In response to the first lockdown, we launched mchw.live as a brand and new website to host our online worship. It has now opened up our work to serve the Connexion and World Church as well as catering to our own members and regular worshippers. This has led to our local congregation having a better grasp of what it means to be a ‘Cathedral for Methodism’. We now have people regularly involved in our worship from Australia, Sri Lanka, India, Sicily, West Africa, Germany, etc., some of whom are joining Bible studies and fellowship groups.

In addition to our weekly services, which regularly attracted 2,000 individuals and families live and grew to about 4,000, we moved many of our other events online – for example:

For our Annual Carol Service , we were able to delve into previous years recordings for Premier Christian Radio alongside readings from our congregation and Premier around our historic building. Nearly 8,000 people

have watched our Carol Service online, and many people commented how blessed they were.

In January 2021, during the third ‘lockdown’ in the UK, we held a very special service online to commemorate 75 years since the first meeting of the UN’s General Assembly in our Great Hall (6,400 views). This included contributions from the UN Secretary-General, Antonio Guterres, Fabrizio Hochschild of the UN 75th anniversary team and Sir Peter Marshall, a former British Diplomat.

Also in January, we had the first Parliamentary Covenant Service to be held online with contributions from MPs and the preacher was the Chaplain to the Speaker of the House of Commons, Revd Tricia Hillas (2,100 views).

For the second year in succession, Holy Week 2021 took place online and our services had a total online attendance of over 35,000 individuals and families.

BBC Broadcast – On Pentecost/Aldersgate Sunday , we produced a radio programme that was broadcast on all 39 BBC Local Radio stations in the English Regions at 8 a.m. and reached 700,000 listeners.

Healing Conference – This annual event had to be live-streamed this year from the chapel on 22 May. This was led by Rev Lansford Penn-Timity and our co-ordinator of our healing ministry, Alison Bryan. Our theme was ‘It is well with my soul: healing and restoration in a pandemic’. Dave Bilbrough led the worship, and the teaching was from Roy Godwin - a well-known international speaker and author. Roy is the founder of the global Local Houses of Prayer movement, and The Caleb Initiative. 286 tickets were sold and the peak number of people viewing live at any one time was 256. The conference remained on the unlisted YouTube channel for another week for those who had bought tickets. This led to a total of 1,207 unique views [i.e., not repeated on the same device]. We received extremely positive feedback about the impact of the conference, with both inner healing and physical healing being reported.

As we started to return to worship together in person in May 2021, our online services have continued, albeit at the new time of 9:30am. It has proved a vital service to those unable to reach their own church, or those that choose to watch our service later in the day or week, attracting numbers that would fill the Great Hall many times over.

Relationship with the Connexional Team – Another benefit of having online worship was being able to host Revd Richard Teal, President of the Methodist Conference and Mrs Carolyn Lawrence, Vice President, on far more occasions than usual. We were blessed by this and it enabled them to reach far more people that they would have done otherwise. This included our ministerial team hosting Sunday Worship for the Methodist Conference 2020 (12,500 views) for them. They also participated in Daffodil Day 2021 (5,500 views), with other special guests including, The Lord Mayor of Westminster, Councillor Jonathan Glanz, Pam Rhodes, Simeon Wood, Anando Mukerjee, the Methodist Youth President, Phoebe Parkin, and the President of Methodist Women in Britain, Hilary Evans. Our President and Vice President also took part in our Parliamentary Covenant Service. Additionally, we have had a

member of the Connexional Team join us for most of our online services, which has given them an opportunity to sustain a relationship with a significant number of people. We hope to build on this relationship to see how we can better serve Methodism connexionally and globally in the future.

Small groups – We had about between 50-80 people joining our Lent course on Zoom led by Revd Dr Howard Mellor, and an average of about 18 for our Bible study series, the ‘Generosity Project’. Our Online Alpha Course also attracted 18 regular members. We are discussing which courses will return to ‘in-person’ and which remain online in future. Alpha is likely to remain online because of the larger numbers we have had attending, compared to courses in the past.

‘Church Online Every Sunday’ has become a vital Christian mission that serves the Global church family, we pray that it will continue.

2020/21 was Revd Tony Miles’s first full year as Superintendent Minister. Little did we or anyone know that he and his team would have so much to offer to provide the Church with a lifeline during this unprecedented time. The Revd Dr William Sangster filled the Great Hall during the war years by effective leadership and a powerful preaching ministry. By God’s grace MCHW sought to respond to the war against a virus and has arguably reached even more people than the great Dr Sangster. To God be the glory!

Plans for 2021/22

Circuit financial plans for the coming year have been prepared on the basis that there remain three full-time ordained staff members.

Circuit expenditure is expected to increase by 4% in 2021/22 due to inflationary increases in stipends and manse costs and a contribution of £5.2k to the Methodist Church pension fund deficit.

Financial Review

The Circuit’s statement of accounts for the year ended 31 August 2021 is attached and shows a surplus of £12,128 relating to the Restricted and Designated Funds after a transfer of £15,200 from the General Fund.

Income

Circuit income has been drawn primarily from the assessment paid by the church (there being only one church within the Circuit). Income of £19,202 was generated from the temporary renting of a manse. There was a net decrease in income of £2,690 (from £216,246 in 2019/20 to £213,556 in 2020/21).

Manse rental income increased by £14.5k, as one manse was rented for the whole of 2020/21, whereas in 2019/20 the manse was empty for much of the year whilst being refurbished and therefore generated minimal income.
The increase in rental income was offset by a £17.8k decrease in the payment made by the Church to the Circuit, reflecting the increase in rental income and the decrease in expenditure.

Expenditure

Circuit expenditure decreased by £38,945 (from £240,373 in 2019/20 to £201,428 in 2020/21), which was mainly due to:

Decrease in Manse Maintenance costs (£34.3k) – There were only minor works taking place in 2020/21 compared to major refurbishments of two properties in 2019/20.
Decrease in travel and accommodation due to reduced activity during
Covid-19 restrictions (£3.0k).
Decrease in Removal Fund costs as there were no ministerial changes
in 2020/21 compared to one change in 2019/20.
Decrease in Administration costs due to staff being on furlough for the whole of the year and reduced administrative activities as a result of Covid-19 restrictions.

These decreases were partly offset by increases in:

stipends in line with annual Conference recommendations (£1.6k).
manse running expenditure (£1.3k), resulting from general rise in prices.

The District Assessment of £43,720, accounted for 21.7% of expenditure (the increase for the year was £3.8k). 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 is £1,942,756, of which £1,932,713 represents the book value of the manses.

Circuit Restricted and Designated Funds have increased by £13,721 to £330,410 in 2020/21 (£316,689 in 2019/20). £15.2k was allocated to the Manse Maintenance Fund and the Manse Replacement Fund had income of £2.5k. There was only £3.9k of expenditure across all funds.

Trustee’s Annual Report on Finance and Governance

The Charity’s annual report and accounts for the year ended 31 August 2021 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 Helen Tudor 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 Trustees for Methodist Church Purposes

Aims and Objectives

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

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

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

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

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.

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.

London Mission (Westminster) Circuit commits itself to: -

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

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

Reserves Policy

The policy is for the Circuit itself to hold minimal 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 Fund has not been increased in 2020/21 and so remains at £148k, which is equivalent to approximately six months’ average expenditure. Despite the limitations on church activities in 2020/21 due to Covid-19 restrictions, the Church was able to generate a surplus and so no reduction in contingency was needed.

However, in 2021/22 the church is expecting a deficit, which could lead to the Contingency Fund reducing by approximately £20k. The balance would still support approximately five months’ worth of average expenditure.

Signed: _______ Revd Tony Miles (Chair of Trustees)

Date: 27 March 2022

London Mission (Westminster) Circuit 35/03 Statement of Financial Activities (SOFA) for the Year Ended 31 August 2021

	Notes	General Fund (Unrestricted)	Designated Funds	Restricted Funds	Endowment (Restricted)	2020/21 Totals	2019/20 Totals
		£	£	£		£	£
Income and Endowments from:
Donations andLegaciesIncome	4	0	0	0	0	0	0
Bank Interest	5	30	839	0	0	868	347
Assessments Church & Trustees to CircuitincludingRepayment of Loan		193,485	0	0	0	193,485	211,239
Lettings (ManseRental Income)	10	19,202	0	0	0	19,202	4,660
Total Income		212,717	839	0	0	213,556	216,246
Expenditure
Stipends, Salaries andAssociated Costs		116,760	0	0	0	116,760	115,175
DistrictAssessment		43,720	0	0	0	43,720	39,884
Travel Expenses		2,000	0	0	0	2,000	5,027
Ministerial Training		438	0	0	0	438	357
Insurance, Utilities, etc.	11	22,360	0	0	0	22,360	21,064
Maintenance on Manses	12	5,201	2,855	0	0	8,056	42,398
RemovalCosts		0	600	0	0	600	3,898
MortgageInterest	13	0	0	0	0	0	0
Other Expenditure
Administration, Staff& Copying etc.	14	4,815	0	0	0	4,815	9,443
IndependentExaminer Fee		1,680	0	0	0	1,680	2,570
Professional fees		500	499	0	0	999	534
Media ChaplaincyExpenses	15	0	0	0	0	0	23
Total Expenditure		197,474	3,954	0	0	201,428	240,373

Net Income / (Expenditure)		15,243	(3,115)	0	0	12,128	(24,127)
Transfer between Funds & General Account		(15,200)	15,200	0	0	0	0
Total Funds broughtforward		1,942,713	316,631	58	0	2,259,402	2,283,529
Correction for Prior Year		0	1,636	0	0	1,636	0
Total funds carried forward at end of year		1,942,756	330,352	58	0	2,273,166	2,259,402

London Mission (Westminster) Circuit 35/03 Balance Sheet as at 31 August 2021

	Notes	General Fund (Unrestricted)	Designated Funds	Restricted Funds	Endowment (Restricted)	2020/21 Totals	2019/20 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 andprepayments	17	54,727	0	0	0	54,727	55,222
TMCP DepositAccount		0	249,684	0	0	249,684	247,707
CFB Deposit	18	0	14,098	58	0	14,156	32,842
Cashat bankandin hand	19	(36,876)	66,570	0	0	29,694	1,267
*Total current assets*		17,851	330,352	58	0	348,261	337,038
Creditors(due in under 1year)& unused funds	20	(7,808)	0	0	0	(7,808)	(10,352)
Net current assets		10,043	330,352	58	0	340,453	326,686
*Total assets less current liabilities*		1,942,756	330,352	58	0	2,273,166	2,259,402

Loans and creditors due after 1year		0	0	0	0	0	0
*Net assets*		1,942,756	330,352	58	0	2,273,166	2,259,402
Funds of the Circuit
General Fund (Unrestricted)		1,942,756	0	0	0	1,942,756	1,942,713
Other Funds (Designated andRestricted)		0	330,352	58	0	330,410	316,689
*Totalfunds*		1,942,756	330,352	58	0	2,273,166	2,259,402

I confirm that these accrual-based accounts for the year ended 31 August 2021 have been prepared from the records of the Circuit and that they include all funds under the control of the Circuit Meeting.

Signed:

_____________

Date: 27 March 2022

Ama Ackah-Yensu (Treasurer)

I confirm that the annual report and accounts for the year ended 31 August 2021 were, presented to the Circuit Meeting at its meeting on 27 March 2022 and were approved

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

Date: 27 March 2022

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

	Notes	General Fund (Unrestricted)	Designated Funds	Restricted Funds	Endowment (Restricted)	2019/20 Totals
Income and Endowments from:		£	£	£		£
Donations andLegaciesIncome		0	0	0	0	0
Bank Interest		347	0	0	0	347
Assessments Church & Trustees to Circuit includingRepayment of Loan		211,239	0	0	0	211,239
Lettings (ManseRental Income)	10	4,660		0		4,660
Total Income		216,246	0	0	0	216,246
Expenditure
Stipends, Salaries andAssociated Costs		115,175	0	0	0	115,175
DistrictAssessment		39,884	0	0	0	39,884
Travel Expenses		5,027	0	0	0	5,027
Ministerial Training		357	0	0	0	357
Insurance, Utilities, etc.	11	21,064	0	0	0	21,064
Maintenance on Manses	12	3,991	38,407	0	0	42,398
RemovalCosts		0	3,898	0	0	3,898
MortgageInterest	13	0	0	0	0	0
Other Expenditure
Administration, Staff& Copying etc.	14	9,443	0	0	0	9,443
AuditFee		2,570	0	0	0	2,570
Professional fees		535	0	0	0	535
Media ChaplaincyExpenses	15	0	0	23	0	23
Total Expenditure		198,046	42,305	23	0	240,374

Net Income		18,200	(42,305)	(23)	0	(24,128)
Transferbetween Funds & General Account		(18,200)	18,200	0	0	0
Other Recognised Gains
Total Funds broughtforward		1,924,713	340,736	81	0	2,283,530
Total funds carried forward at end ofyear		1,924,713	316,631	58	0	2,259,402

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

	Notes	General Fund (Unrestricted)	Designated Funds	Restricted Funds	Endowment (Restricted)	2019/2020 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	55,221	0	0	0	55,221
TMCP DepositAccount		0	247,707	0		247,707
CFB Deposit	18	0	32,784	58	0	32,842
Cashat bankandin hand	19	(34,872)	36,139	0	0	1,268
*Total current assets*		20,350	316,631	58	0	337,038
Creditors (dueinunder 1year) & unusedfunds	20	(10,351)		0	0	(10,351)
Net current assets		9,999	316,631	58	0	326,687
*Total assets less current liabilities*		1,942,713	316,631	58	0	2,259,402

Loans and creditors due after 1year		0		0	0	0
*Net assets*		1,942,713	316,631	58	0	2,259,402
Funds of the Circuit
General Fund (Unrestricted)		1,942,713	0	0	0	1,942,713
Other Funds (Designated &Restricted)		0	316,630	58	0	316,689
*Totalfunds*		1,942,713	316,631	58	0	2,259,402

London Mission (Westminster) Circuit 35 / 03 Notes to the Financial Statements for the year ended 31 August 2021

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, 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.

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 2021 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 year-end) to be not less than its current value.

Investment Properties

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

Investments

Investments are valued in the balance sheet at market value at the year-end. Investment income is included in the accounts when receivable and any gains or losses on revaluation at the year-end are shown in the SOFA.

Financial instruments

Basic financial instruments are measured at amortised cost.

Debtors and creditors

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

Critical accounting estimates and areas of judgement

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

4. Donations and legacies	Unrestricted & Designated	Circuit Model Trust Fund	Restricted	2021 Total	2020 Total
	£	£	£	£	£
Legacies	0	0	0	0	0
Total	0	0	0	0	0

5. Investment income
Central FinanceBoard	869	0	0	869	347
Other	0	0	0	0	0
Total	869	0	0	869	347

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 2021.

Number of trustees who were paid expenses Total amount paid	2020/21 2019/20 5 5
	£ £ 2,157 6,258

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

Fees for reporting on the accounts Other fees (for advice, accountancy services etc) Total	2020/21 £ 1,680 0 1,680	2019/20 £ 1,680 0
		1,680

8. Paid Employees

Staff costs during the year were as below: -

Gross wages, salaries and benefits in kind Employer's National Insurance Pension costs Total Staff Costs Average number of full-time equivalent employees in the year were	2020/21 2019/20 £ £ 3,115 4,779 259 323 343 598
	3,717 5,700
	0.2 0.2

The charity considers that the key management personnel comprise the Trustees. There was no remuneration paid to the Trustees during 2020/ 21.

9 Fixed Assets

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

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

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

9a Investments

No other investments are held by the Circuit.

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

2020/21 £ £ 19,202 19,202 £ £ 1,603 1,184 1,936 9,743 4,976 2,918 22,360 5,201 5,201 0 0 0 4,451 (220) 584 4,815 0 0	2019/20 £ £ 4,660	2019/20 £ £ 4,660
£ 1,603 1,184 1,936 9,743 4,976 2,918	£ 1,552 1,227 929 7,460 6,944 2,951	4,660 £
5,201	3,991	21,063

0 0	0 0	3,991

4,451 (220) 584	6,516 1,549 1,378	0

0	23	9,443

		23

London Mission (Westminster) Circuit 35 / 03

2020/21 £ £ Property Value Circuit Value £ £ 550,000 137,500 1,485,000 746,213 400,000 400,000 649,000 649,000 1,932,713 1,142,685 790,028 9,750 4,051 586 38,619 1,721 54,727 58 14,098 0 14,156 248,579 1,105 249,684 (36,876) 66,570 29,694 267 2,460 964 1,680 2,198 239 7,808 0 0 7,808	2019/20 £ £ Circuit Value £ 137,500 746,213 400,000 649,000 1,932,713 1,142,685 790,028 9,643 3,779 0 38,314 3,486	2019/20 £ £ Circuit Value £ 137,500 746,213 400,000 649,000 1,932,713 1,142,685 790,028 9,643 3,779 0 38,314 3,486
		1,932,713
		1,142,685
		790,028

58 14,098 0	58 32,784 0	55,222

248,579 1,105	246,603 1,104	32,842

(36,876) 66,570	(34,872) 36,139	247,707

267 2,460 964 1,680 2,198 239	0 3,863 1,176 3,420 1,893 0	1,267
		10,352 0
0	0

		10,352

London Mission (Westminster) Circuit 35 / 03

	BALANCE B/F 01/09/20	2020/21	2020/21	2020/21	2020/21	BALANCE C/F 31/08/21
CIRCUIT FUNDS		Income	Expenditure	Transfer Between Funds	Correction Re Prior Year
FUNDS	£	£	£	£	£	£

Restricted
Media Chaplaincy	58	0	0	0	0	58
TOTAL RESTRICTED FUNDS	58	0	0	0	0	58

Designated
RemovalsFund	7,274	0	(600)	0	0	6,674
Manse Maintenance Fund	62,754	0	(2,855)	15,200	0	75,099
Manse Replacement Fund	246,603	839	(499)	0	1,636	248,579
Total Designated Funds	316,631	839	(3,954)	15,200	1,636	330,352

TOTAL RESTRICTED & DESIGNATED FUNDS	316,689	839	(3,954)	15,200	1,636	330,410

GENERAL FUND	1,942,713	212,717	(197,474)	(15,200)	0	1,942,756

TOTAL	2,259,402	213,556	(201,428)	0	1,636	2,273,166

The Balance for Restricted and Designated Funds have increased to £330,410 from £316,689 in 2019/20.

The Circuit Meeting decided to allocate £15,200 from the General Fund to the Manse Maintenance Fund in line with amounts recommended by the Connexion.

London Mission (Westminster) Circuit 35 / 03

Circuit Trustees as at 31 August 2021

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

Revd. Tony Miles Joe Awotwi Revd. Lansford Penn-Timity Esther Thomas Deacon Alison McMillan Philippa Muir Revd. Gordon Newton Grace Sangmuah Genevieve Patnelli Helen Tudor Wesley Gibbs Charlotte Rankin Ynes Lightfoot-Taylor Christina Asare Owusu Omotayo Roberts Sarita Lightfoot-Taylor Esther Buckman Mark Williamson Tony Ackah-Yensu Judith Mitchell Emmanuel Asante Daniella Fetuga-Joensuu Abdul Bah Helen Onilado Michael Davies Dr Oprah Scott Ama Ackah-Yensu Susan Solanke Jocelyn Boafo Christine Wykes John Philips Jacob Baiden Ollie McEwen Kate Jones Marko Joensuu Don Nunn Christina Fasola Seth Kofi Otoo Denzil Cummings-John Anthony Boateng Regina Boye Stephen Olusola Dr Michael Fennell Aretha Solanke Charles Bushell

Independent examiner’s report to the trustees of London Mission (Westminster) Circuit

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 2021.

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

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.

Katharine Patel ACA Buzzacott LLP Chartered Accountants 130 Wood Street London EC2V 6DL 31 March 2022

Church Accruals Accounts 2020-21

THE METHODIST CHURCH

STANDARD FORM OF ACCOUNTS

ACCRUALS BASIS

For the year ended 31 August 2021

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 Anthony Boateng Stephen Olusola Omotayo Roberts Regina Boye Denzil Cummings-John

CHURCH TREASURER

Ama Ackah-Yensu

METHODIST CENTRAL HALL WESTMINSTER CHURCH TRUSTEES’ ANNUAL REPORT

Introduction

This Annual Report gives an account of the mission and ministry of Methodist Church Central Hall Westminster. It represents considerable commitment on the part of its members, who both gather for worship and learning, and disperse in witness, being involved in a variety of means of service.

Aims and Organisation

Review of the Year

After using SmartStage technology offered by our Audio-Visual partners, White Light Ltd, initially at no cost, we eventually installed our own equipment and settled into our chapel for online worship to keep costs down. We are extremely grateful to the Connexion and all our supporters for their generosity, which enabled us to do this. In addition to our weekly services, which regularly attracted 2,000 individuals and families live and grew to about 4,000, we moved many of our other events online – for example:

For our Annual Carol Service , we were able to delve into previous years’ recordings for Premier Christian Radio alongside readings from our congregation and Premier around our historic building. Nearly 8,000 people have watched our Carol Service online, and many people commented how blessed they were.

Secretary-General, Antonio Guterres, Fabrizio Hochschild of the UN 75th anniversary team and Sir Peter Marshall, a former British Diplomat. Also in January, we had the first Parliamentary Covenant Service to be held online with contributions from MPs and the preacher was the Chaplain to the Speaker of the House of Commons, Revd Tricia Hillas (2,100 views).

For the second year in succession, Holy Week 2021 took place online and our services had a total online attendance of over 35,000 individuals and families.

Healing Conference – This annual event had to be live-streamed this year from the chapel on 22 May. This was led by Rev Lansford Penn-Timity and our co-ordinator of our healing ministry, Alison Bryan. Our theme was ‘It is well with my soul: healing and restoration in a pandemic’. Dave Bilbrough led the worship, and the teaching was from Roy Godwin - a well-known international speaker and author. Roy is the founder of the global Local Houses of Prayer movement, and The Caleb Initiative. 286 tickets were sold and the peak number of people viewing live at any one time was 256. The conference remained on the unlisted YouTube channel for another week for those who had bought tickets. This led to a total of 1,207 unique views [i.e. not repeated on the same device]. We received extremely positive feedback about the impact of the conference, with both inner healing and physical healing being reported.

‘Church Online Every Sunday’ has become a vital Christian mission that serves the Global church family, we pray that it will continue.

The Revd Dr William Sangster filled the Great Hall during the war years by effective leadership and a powerful preaching ministry. By God’s grace MCHW sought to respond to the war against a virus and has arguably reached even more people than the great Dr Sangster. To God be the glory!

Plans for 2021/22

Financial plans have been prepared on the basis that staff levels within the Church will remain the same. The grant from the Managing Trustees will again be 50% of the 2019/20 (pre Covid-19) levels. Together with a reduced level of giving, we are budgeting for a deficit of £95.6k in 2021/22, which will result in all free reserves being used and a £20k reduction in the Contingency Fund.

In spite of this, we cannot afford to lose the momentum built up during the lockdown and so the church and its leadership are considering prayerfully how to move forward with the Kingdom Agenda.

Financial Review

Due to the activities of the church being severely impacted throughout the year by the Covid-19 pandemic, 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 net income of £33,769 (£3,030 in 2019/20) and therefore increased its funds from £361,159 in 2019/20 to £394,928 in 2020/21 (£62,186 in the General Fund and £332,742 in restricted and designated funds).

Church income in total was £415,377, which is below the £500,000 threshold requiring a Statement of Cash Flows to be prepared and so this has not been included in the 2020/21 Annual Accounts. The decrease in cash and cash equivalents in 2020/21 has mainly been due to grant income being reduced by 50%, equivalent to a loss of income of £130,164 in the year.

The statement of accounts for the year ended 31 August 2021 is attached.

Income

General Fund income decreased to £366,790 (£503,466 in 2019/20). The main movements are shown below:

Decrease in offerings and tax recoverable (£25.4k).
Increase in donations (£41.2k) and decrease in Anniversary Giving (£8.6k). The changes in giving are mainly due to the church being closed for a significant part of the year as a result of Covid-19 restrictions. This has led to offerings and inperson giving decreasing, whilst donations, given mainly via bank transfers and other electronic means, have increased.

Decrease in Trustees’ Grant (£130.2k). The closure of the conference centre, again due to Covid-19 restrictions, meant that the Connexional Trustees’ income decreased significantly and so they have had to reduce the grant to the church by 50% in 2020/21.
Decrease in ‘Use of Rooms’ donations (£3.0k) and Visitor Services (£1.1k) both due to Covid-19 restrictions limiting visitors and room use.
Decrease in interest and investment income (£1.7k) due to low interest rates.
Decrease in ‘Income from Special Events’ (£19.8k) due to most events being
cancelled again due to Covid-19 restrictions.
Increase in Covid-19 Job Retention Scheme Grant (£12.3k). The grant was claimed for some members of staff for the whole of 2020/21, whereas in 2019/20 it was only available from March to August 2020.

Income received in Restricted and Designated Funds was £48.6k – a decrease of £25.5k from 2019/20, mainly for the following reasons:

One-off donations in 2019/20 received for a specific purpose.
Decrease of £5k in giving to the fund for Live Streaming of Services (there were one-off grants for this purpose in 2019/20).
No income for Church Space Refurbishment nor the Chapel Renewal Fund in 2020/21, compared with £3k and £2.5k respectively in 2019/20.

Expenditure

General Fund spending has decreased by £150.6k to £333.0k (2019/20 £483.6K). There were some key variances within these total figures

Staff salaries decreased by £10.6k, due to some staff being on furlough
throughout the year, with only 80% of their salary being paid.
The Circuit Assessment decreased by £29.3k. An increase in rental income to the Circuit, coupled with a decrease in Circuit expenditure led to the Church having a smaller shortfall to meet.
Office Supplies and Equipment decreased by £14k, with reduced expenditure on
photocopying, printing, computer supplies and office equipment.
Expenditure on Church Groups and Events decreased by £39.7k due Covid-19 restrictions.
Music Account expenditure decreased by £12.8k due to Covid-19 restrictions
reducing the number of services with live worship.
Advertising costs have decreased by £4.9k, due to a reduction in Methodist Recorder advertising.

Designated and Restricted Fund expenditure decreased by £41.3k to £48,572 (2019/20

£89,886). The key movements are detailed below:

Chapel Renewal Fund had no expenditure compared to £6.9k in 2019/20
There was no Tithe expenditure in 2020/21 compared to £22.7k in 2019/20. Due to Covid-19 the committee did not meet to approve Tithe allocations. In 2021/22 allocations will cover both 2019/20 and 2020/21 tithes.
In 2019/20, £5k was spent on extra computer equipment, with no equivalent
expenditure in 2020/21.
Benevolent Fund expenditure in 2020/21 was £2.8k compared to £7.2k in
2019/20.
Ghanaian Fellowship expenditure decreased by £2.6k.
Special Offerings expenditure decreased by £10.8k mainly due to one-off gifts in 2019/20.

Expenditure for Live Streaming of Services increased by £10.7k, reflecting the fact that live streaming was in place throughout the year.

Total Funds for the Church have increased to £394,928 (2019/20 £361,159) with £62,186 (2019/20 £60,882) in the General Fund and £332,742 in Restricted and Designated Funds (2019/20 £300,275).

In 2020/21, £32.5k has been transferred from Church General Funds to Designated and Restricted Funds, including £12k to Digital Outreach and Engagement, £20.8k to the Tithe Fund and a small transfer into General Funds.

The Contingency Fund stands unchanged at £148k, which represents approximately six months’ worth of average expenditure (including payments to the Circuit). There was no increase in the Fund in 2020/21. At the start of the year, we expected that Church income may decrease to the extent that some contingency may need to be used to meet ongoing expenditure, but by the grace of God, we did not have to do so. 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 kept us throughout this most unusual year. To God be the glory! We look forward to exciting times ahead.

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 2021 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 Helen Tudor Treasurer: Ama Ackah-Yensu Independent Examiner: Buzzacott LLP 130 Wood St London EC2V 6DL

Bank: HSBC The Peak 333 Vauxhall Bridge Road Victoria London SW1V 1EJ Investment Bankers: Central Finance Board of the Methodist Church

Aims and Objectives

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

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

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

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

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.

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 four years the Metropolitan Police have estimated the risk of such as ‘severe’ and give regular security briefings to Circuit officials as to office holders of other large buildings in and around Parliament Square.
The damage to reputation, given the high usage of the premises by very many clients.
Safeguarding risks, exacerbated by the very high numbers of people using the building each week. In line with Methodist rulings, safeguarding procedures have, and continue to be improved and overhauled.

Safeguarding

Methodist Connexional practice outlines commitment to the following principles:

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

The safeguarding and protection of all children, young people and adults when they are vulnerable.
The establishing of safe, caring communities which provide a loving environment where there is informed vigilance as to the dangers of abuse.
We will carefully select and train all those with any responsibility within the Church, in line with Safer Recruitment principles, including the use of criminal records disclosures and registration with the relevant vetting and barring schemes.
We will respond without delay to every complaint made which suggests that an adult, child or young person may have been harmed, cooperating with the police and local authority in any investigation.
We will seek to work with anyone who has suffered abuse, developing with them an appropriate ministry of informed pastoral care.
We will seek to challenge any abuse of power, especially by anyone in a position of trust.
We will seek to offer pastoral care and support, including supervision and referral to the proper authorities, to any member of our church community known to have offended against a child, young person or vulnerable adult.
In all these principles we will follow legislation, guidance and recognised good practice.

The Methodist Central Hall Westminster Church commits itself to: -

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

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

Reserves Policy

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

The Contingency Fund as at 31 August 2021 was £148k, which is equivalent to approximately six months’ average expenditure.

In addition to the Contingency Fund there is a General Fund surplus of £62.2k

However, the continuing impact of the pandemic means that the reduced levels of grant from the Conference Property Trustees can be expected to continue through 2021/22

and 2022/23. In spite of this, the Church Council plans to take measures to maintain reserves at a healthy level.

Signed: _______ Revd Anthony Miles (Chair of Trustees)

Date: 27 March 2022

METHODIST CENTRAL HALL WESTMINSTER - CHURCH ACCOUNTS Statement of Financial Activities (SOFA) for the Year Ended 31 August 2021

	Notes	Unrestricted Fund (General)	Designated Funds	Restricted Funds	2020/21 Totals	2019/20 Totals
		£	£	£	£	£
Income and Endowments From:
Donations and Legacies
Offerings andTax recoverable	13	128,565	0	0	128,565	153,979
Donations	13	65,950	0	0	65,950	24,763
Anniversary Giving		4,359	0	0	4,359	13,001
Grant (Trustees)	14	130,164	0	0	130,164	260,328
DonationsforUse of Rooms		250	0	0	250	3,283
Visitors Services & Catering	15	0	0	0	0	1,131
Interest and Investment Income	16	499	0	0	499	2,231
Other
Special Events	17	3,288	0	0	3,288	23,043
ChurchGroups	18	375	0	0	375	704
Covid-19Furlough		33,340	0	0	33,340	21,003
DesignatedFunds (SeeNotesFundDetails)	12	0	490	0	490	5,142
Restricted Funds(See Notes Fund Details)		0	0	48,097	48,097	67,991
Total Income and Endowments		366,790	490	48,097	415,377	576,599

METHODIST CENTRAL HALL WESTMINSTER - CHURCH ACCOUNTS

Statement of Financial Activities (SOFA) for the Year Ended 31 August 2021

Expenditure	Notes	Unrestricted Fund (General)	Designated Funds	Restricted Funds	2020/21 Totals	2019/20 Totals
	£		£	£	£ £
Office &Ministry Staff		59,709	0	0	59,709	70,317
NetPaymentforCircuitExpenses		193,485	0	0	193,485	222,744
Office Supplies-StaffandEquipment	19	12,271	0	0	12,271	26,271
Internal Organisations and Events
Sanctuary		33	0	0	33	2,131
ChurchGroups	20	665	0	0	665	6,109
Special Events	21	1,885	0	0	1,885	34,002
Other Expenditure
MusicAccount	22	32,035	0	0	32,035	44,839
Otherexpenditure	23	20,204	0	0	20,204	20,233
Advertising		4,959	0	0	4,959	9,827
Grants &Donations	24	7,790	0	0	7,790	47,210
DesignatedFunds (SeeNotesFundDetails)	12	0	1,426	0	1,426	29,744
Restricted Funds(See Notes Fund Details)		0	0	47,146	47,146	60,142
Total Expenditure		333,036	1,426	47,146	381,608	573,569
Net Income / (Expenditure)		33,754	(936)	951	33,769	3,030
Transfers Between Restricted Funds and General Funds		(32,450)	32,487	(37)	0	0
NetIncome aftertransfers		1,304	31,551	914	33,769	3,030
Total funds brought forward		60,882	227,262 73,015		361,159	358,129
Total funds carried forward		62,186	258,813	73,929	394,928	361,159

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	2020/21 £	2019/20 £
	2,324	2,201
	4,447	12,441
	(4,135)	(12,318)
	2,636	2,324

METHODIST CENTRAL HALL WESTMINSTER - CHURCH ACCOUNTS CHURCH BALANCE SHEET for the Year Ended 31 August 2021

	Notes	Unrestricted Fund (General)	Designated Funds	Restricted Funds	2020/21 Totals	2019/20 Totals
Current Assets		£	£	£	£	£
Debtors and prepayments	25	48,152	0	0	48,152	56,553
Cashat bankandin hand	26	73,877	0	0	73,877	20,640
Central FinanceBoard deposit	27	(6,050)	258,813	75,844	328,607	333,768
*Total current assets*		115,979	258,813	75,844	450,636	410,960
Creditors (dueinunder 1year) & unusedfunds	28	(53,793)	0	(1,915)	(55,708)	(49,801)
Net current assets		62,186	258,813	73,929	394,928	361,159
Total assets less current liabilities		62,186	258,813	73,929	394,928	361,159
*Net assets*		62,186	258,813	73,929	394,928	361,159
Funds of the Church
UnrestrictedFund (General)		62,186	0	0	62,186	60,882
Other Funds (restricted & designated)		0	258,813	73,929	332,742	300,278
*Total funds*		62,186	258,813	73,929	394,928	361,159

I confirm that these accrual based accounts for the year ended 31 August 2021 have been prepared from the records of the Church and that they include all funds under the control of the Church Council.

Signed:

________

Date: 27 March 2022

Ama Ackah-Yensu (Treasurer)

I confirm that the annual report and accounts for the year ended 31 August 2021 were presented to the Church Council at its meeting on 27 March 2022 and were approved.

Signed: ________ Revd Tony Miles (Chair of the Church Council)

Date: 27 March 2022

	METHODIST CENTRAL HALL WESTMINSTER- CHURCH ACCOUNTS Statement of Financial Activities (SOFA) for the Year Ended 31 August 2020	METHODIST CENTRAL HALL WESTMINSTER- CHURCH ACCOUNTS Statement of Financial Activities (SOFA) for the Year Ended 31 August 2020	METHODIST CENTRAL HALL WESTMINSTER- CHURCH ACCOUNTS Statement of Financial Activities (SOFA) for the Year Ended 31 August 2020	METHODIST CENTRAL HALL WESTMINSTER- CHURCH ACCOUNTS Statement of Financial Activities (SOFA) for the Year Ended 31 August 2020
	Notes	Unrestricted Fund (General) £	Designated Funds £	Restricted Funds £	2019/20 Totals £
Income and Endowments From:
Donations and Legacies
Offerings andTax recoverable	13	153,979	0	0	153,979
Donations	13	24,763	0	0	24,763
Anniversary Giving		13,001	0	0	13,001
Grant (Trustees)	14	260,328	0	0	260,328
DonationsforUse of Rooms		3,283	0	0	3,283
Visitors Services & Catering	15	1,131	0	0	1,131
Interest and Investment Income	16	2,231	0	0	2,231
Other
Special Events	17	23,043	0	0	23,043
ChurchGroups	18	704	0	0	704
Covid-19Furlough		21,003	0	0	21,003
DesignatedFunds (SeeNotesFundDetails)	12	0	5,142	0	5,142
Restricted Funds(See Notes Fund Details)		0	0	67,991	67,991
Total Income and Endowments		503,466	5,142	67,991	576,599

METHODIST CENTRAL HALL WESTMINSTER - CHURCH ACCOUNTS

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

Expenditure	Notes	Unrestricted Fund (General)	Designated Funds £	Restricted Funds	2019/20 Totals
	£		£ £
Office &Ministry Staff		70,317	0	0	70,317
Net Payment for Circuit Expenses excluding mortgage repayments		222,744	0	0	222,744
Office Supplies	19	26,271	0	0	26,271
Internal Organisations and Events
ChurchGroups	20	6,109	0	0	6,109
Sanctuary		2,131 34,002	0	0	2,131
Special Events	21		0	0	34,002
Other Expenditure
MusicAccount	22	44,839	0	0	44,839
Otherexpenditure	23	20,233	0	0	20,233
Advertising		9,827	0	0	9,827
Grants &Donations	24	47,210	0	0	47,210
DesignatedFunds (SeeNotesFundDetails)	12	0	29,744	0	29,744
Restricted Funds(See Notes Fund Details)		0	0	60,142	60,142
Total Expenditure		483,683	29,744	60,142	573,569
Net Income /(Expenditure)		19,783	(24,602)	7,849	3,030
TransfersBetween RestrictedFunds and General Funds		(25,861)	21,473	4,388	0
NetIncome / (Expenditure) aftertransfers		(6,078)	(3,129)	12,237	3,030

Total funds brought forward		66,960	230,390 60,778		358,129
Total funds carried forward		60,882	227,261	73,015	361,158

METHODIST CENTRAL HALL WESTMINSTER - CHURCH ACCOUNTS CHURCH BALANCE SHEET for the Year Ended 31 August 2020

	Notes	Unrestricted Fund(General)	Designated Funds	Restricted Funds	2019/20 Totals
Current Assets		£	£	£	£
Debtors and prepayments	25	48,477	0	8,076	56,553
Cashat bankandin hand	26	20,103	0	536	20,640
Central FinanceBoard deposit	27	41,563	227,262	64,943	333,768
*Total current assets*		110,143	227,262	73,556	410,960
Creditors (dueinunder 1year) & unusedfunds	28	(49,261)		(540)	(49,801)
Net current assets		60,882	227,262	73,016	361,159
Total assets less current liabilities		60,882	227,262	73,016	361,159
*Net assets*		60,882	227,262	73,016	361,159
Funds of the Church
UnrestrictedFund (General)		60,882	0	0	60,882
Other Funds (restricted & designated)		0	227,262	73,016	300,278
*Total funds*		60,882	227,262	73,016	361,159

METHODIST CENTRAL HALL Westminster Church

Notes to the Financial Statements for the year ended 31 August 2021

1. Basis of accounting

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

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

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

Going Concern

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 shortterm liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Grants

Grants made by the Church from its own funds are recognised in full at the time of agreement or when the Church accepts that there is a legal or operational obligation to make the payment. When the grant is recurrent over more than one year the balance payable in future years is treated as a provision for future commitments in the Balance Sheet against the appropriate fund, the provision being released in future years as instalments are paid in accordance with the originally agreed terms.

VAT

Since the Church is not VAT registered, all input VAT is charged with the expenses to which it refers.

Tangible fixed assets for use by the Church

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

Financial instruments

Basic financial instruments are measured at amortised cost.

Debtors and creditors

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

Critical accounting estimates and areas of judgement

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


4.Donations and legacies	Unrestricted	Restricted	2021 Total	2020 Total
	£	£	£	£
Collections	99,823	48,097	147,920	188,522
Tax credits	0	0	0	0
Donations	67,902	0	67,902	26,430
Total	167,725	48,097	215,822	214,952

5. Other trading activities	Unrestricted	Restricted	2021 Total	2020 Total
	£	£	£	£
CD Project	0	0	0	0
Total	0	0	0	0

6. Investment income	Unrestricted	Restricted	2021 Total	2020 Total
	£	£	£	£
Central FinanceBoard	460	0	460	2,194
Other	39	0	39	37
Total	499	0	499	2,231

7. Trustees

Number of trustees who were paid expenses Total amount paid	2020/21 2019/20 5 5
	£ £ 2,157 6,258

8. Independent Examiners Fees

. Independent Examiners Fees
Fees for reporting on the accounts Other fees (for advice, accountancy services etc) Total	2020/21 £ 1,680 - 1,680	2019/20 £ 1,680 -
		1,680

9. Paid Employees

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

Gross wages, salaries and benefits in kind Employer's National Insurance Pension costs Total Staff Costs Average number of full-time equivalent employees in the year were	2020/21 2019/20 £ £ 70,633 79,745 3,805 4,212 6,140 9,980
	80,578 93,937
	3.9 3.9

10. Reserves Policy

0. Reserves Policy
	2020/21	2019/20
	£	£
General Funds held	148,000	148,000

The current level of reserves is equivalent to nearly 6 months of average expenditure including payments made to the Circuit.

Policy for Restricted Funds

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

Terms relating to Endowment Funds

No such funds are held by the church.

This Reserves Policy has been approved by the Church Council.

11. Related Parties

Name of related party	Description of transaction	Income from related party during the year	Payments to related parties during the year	Loans to related party during the year	Amounts owed by related party as on 31 Aug 2021
		£	£	£	£
JMA	Donations received from Church Members	-	1,025	-	-
Fund for Support of Presbyters &Deacons	Gift made by Church	-	200	-	-
Fundfor Property		-	330	-	-
London Mission Fund Payment		-	200	-	-

Total		-	1,755	-	-

12. Details of Designated and Restricted Funds

2.Details of Designated and R	estricted F	unds	unds	unds
	BALANCE B/F 01/09/20	2020/21			BALANCE C/F 31/08/21
*CHURCH FUNDS*		Income	Expenditure	Transfer Between Funds
FUNDS	£	£	£	£
General- Designated
Sunday Catering	1,265	0	(936)	0	329
Tithe	19,442	0	0	20,787	40,229
TitheReserve	3,400	0	0	0	3,400
CD Project	13,967	0	0	0	13,967
AVA& Server Replacement	17,030	0	0	0	17,030
Church Space Refurbishment & Maintenance	23,858	0	0	0	23,858
Fees to bePaidforSpecialServices	300	490	(490)	(300)	0
Digital Outreach and Engagement	0	0	0	12,000	12,000
Contingency	148,000	0	0	0	148,000
TOTAL DESIGNATED	227,262	490	(1,426)	32,487	258,813

Restricted
Monday Guild	362	0	0	0	362
Flower Fund	459	2,010	(2,060)	0	409
HymnSheetFund	2,308	0	0	0	2,308
SpecialOfferings to beDonated	(13)	421	(104)	(37)	267
Night Shelter	1,488	0	0	0	1,488
WelcomeBox Project	593	0	0	0	593
Christian Aid	0	2,423	(2,423)	0	0
WorldMission EasterOffering	5	579	(584)	0	0
Action ForChildren	0	0	0	0	0
JMA	0	1,025	(1,025)	0	0
Benevolent Fund	6,948	2,589	(2,831)	0	6,706
Chapel Renewal	0	0	0	0	0
Music & WorshipLegacy	45,650	0	0	0	45,650
Friends of Westminster	100	0	0	0	100
Ghana Fellowship	1,264	890	(144)	0	2,010
Service Live Streaming	13,851	38,160	(37,975)	0	14,036
Total Restricted Funds	73,015	48,097	(47,146)	(37)	73,929

TOTAL RESTRICTED & DESIGNATED FUNDS	300,277	48,587	(48,572)	32,450	332,742

General Fund	60,882	366,790	(333,036)	(32,450)	62,186

TOTAL FUNDS	361,159	415,377	(381,608)	0	394,928

The balance of Designated and Restricted Funds has increased by £32,465. There has been a net transfer from Church General Funds of £32,450, which included £12,000 into a new designated fund for Digital Outreach and Engagement and £20,787 transferred to the Tithe Fund for distribution to other charitable organisations nominated by church members.

CHURCH - NOTES TO THE FINANCIAL STATEMENTS

2020/21 £ £ 53,312 42,654 3,856 26,791 1,952 0 128,565 65,950 194,515 9,234 13,008 107,922 130,164 0 0 39 460 499 98 0 3,121 0 0 42 0 0 27 3,288 375 0 0 375	2019 /20 £ £ 56,324 35,982 27,805 31,767 1,667 434	2019 /20 £ £ 56,324 35,982 27,805 31,767 1,667 434
9,234 13,008 107,922	18,468 26,016 215,844	153,979 24,763
		178,742

0	1,131	260,328

39 460	37 2,194	1,131

98 0 3,121 0 0 42 0 0 27	2,795 1,378 10 810 293 5,037 1,059 9,363 2,298	2,231

375 0 0	65 483 156	23,043

		704

CHURCH - NOTES TO THE FINANCIAL STATEMENTS

2020/21 £ £ 2,247 897 1,459 2,157 0 976 4,535 0 12,271 465 0 0 0 0 0 200 665 250 0 1,385 250 0 0 0 0 0 0 1,885 32,035 0 32,035	2019 /20 £ £ 4,710 2,061 1,239 5,030 736 1,528 8,969 1,998	2019 /20 £ £ 4,710 2,061 1,239 5,030 736 1,528 8,969 1,998
465 0 0 0 0 0 200	553 100 3,222 340 343 892 659	26,271

250 0 1,385 250 0 0 0 0 0 0	4,031 3,348 2,020 3,251 520 9,389 7,659 2,527 1,196 61	6,109

32,035 0	43,082 1,757	34,002

		44,839

CHURCH - NOTES TO THE FINANCIAL STATEMENTS

2020/21 £ £ 305 1,228 12,059 0 110 246 0 3,407 719 450 1,680 20,204 200 330 200 730 5,560 1,500 7,790	2019 /20 £ £ 3,090 2,006 7,657 631 (1,712) 519 0 4,081 (658) 1,449 3,170	2019 /20 £ £ 3,090 2,006 7,657 631 (1,712) 519 0 4,081 (658) 1,449 3,170
200 330 200	200 330 200	20,233

		730 44,480 2,000
		47,210

CHURCH - NOTES TO THE FINANCIAL STATEMENTS

2020/21 £ £ 29,536 13,737 0 0 2,687 2,192 48,152 73,321 309 247 - 73,877 258,813 75,844 (6,050) 328,607 328,607 1,680 9,368 70 1,269 1,998 0 180 116 0 200 38,619 1,915 293 55,708	2019 /20 £ 37,552 8,401 404 8,076 2,120 0	2019 /20 £ 37,552 8,401 404 8,076 2,120 0
258,813 75,844 (6,050)	227,262 64,943 41,563	56,553
		19,548 309 247 536
		20,640

1,680 9,368 70 1,269 1,998 0 180 116 0 200 38,619 1,915 293	1,680 1,494 118 29 439 124 1,491 110 4,313 1,149 38,314 540 0	333,768
		333,768

		49,801

Church Trustees as at 31 August 2021

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

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

I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 August 2021.

Responsibilities and basis of report

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

Independent examiner’s statement

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.

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

31 March 2022

Independent examinerfs report to the trustees of London Mission (Westminster) Circuit Independent examiner's report to the Trnstees of Methodist Central Hall Westmin$ter- London Mission fxestminsterl CArcuit No. 35103 I report to the chartty Trustees on my examItion of the accounts of the ch*ity for the ye ended 31 August 2021. Responsilbllities and basAS of Teport As the Trustees of the Charity you are responsible for the preparation of the accounts in aCCordace with the requirements of the Ch&ities Act 20 1 I lkne 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 seetion 14515llbl of the Act. ladependettt examiner's statement confirm that l am qualified to undertaJ(e the examination because l am a member of the Institute of Chartered Accountants in Eng13nd and Wales, which is one of the listed bodies. I have completed my examination. I confirni 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 forni and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than ?Y requirement that the accounts give a true and fair view, which is not a matter considered as part ol an independent examination. I have no concerns and have come across no other Tnatters 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. Katharine Patel ACA Buzzacott LLP Chartered Accountants 130 Wood Street London EC2V 6DL 31 March 2022 23

Independent examinerfs report to the trustees of Methodist Central Hall Westminster Church I report to the charity Trustees on my examition of the accounts of the charity for the year ended 31 August 2021. Responsibllities and basis of report As the Trustees of the Charity you are reswnsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20 1 I (the Act?. I report in respect of my exalnination of the charity's accounts carried out under section 145 of the 201 l Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145I5llbl of the Act. Independent examkner'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 20 1 l Act. J confirni that I am qualified to undertake the examination because l am a member of the Enstitute of Chartered Accountamts in England and Wales, which is one of the listed bodies. I have completed my examination. I confm that no material matters have come to my attention in connection with my exaJnination 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 ad Report81 Regulations 2008 other than any requirement that the accounts give a 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 raatters 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. Katharine Patel ACA Buzzacott LLP Chartered Accountants 130 Wood Strcet London EC2V 6DL 31 March 2022 28