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← Dale Street Methodist Church

2024-08-31-accounts

Period start date Period end date

From 01 09 2023 To 31 08 2024

Trustees' Annual Report for the period

Section A Reference and administration details ~~|~~

Charity name Dale Street Methodist Church

Other names charity is known by

Registered charity number (if any) 1153330

Charity's principal address Dale Street Leamington Spa Postcode CV32 5HL

Names of the charity trustees who manage the charity

Trustee name
~~ee~~		 Office(s) held during the year (if any)
~~ee~~
~~rs~~		 Dates acted if not for
whole year
~~ee~~
~~ee~~		 Name of person
(or body) entitled
to appoint
trustee(if any)
~~ee~~
~~ee~~
Margaret Begg
~~ee~~
~~es~~		 Steward
~~ee~~
~~rs~~
~~Pe~~
 ~~ee~~
~~ee~~
 ~~ee~~
~~ee~~
Maureen Darby
~~es~~
~~es~~
~~es~~		 Property Committee Secretary
~~rs~~
~~es~~
~~Pe~~
~~es en~~
 ~~es~~
~~en~~
 ~~es~~
Andrew Emm
~~es~~
~~es~~
~~ee~~		 PropertySteward
~~Pe~~
~~es en~~
~~Ps~~
 ~~en~~
~~es~~
Margaret Ferrer
~~es~~
~~es~~
~~ee~~
~~es~~		 PropertyCommittee Chair
~~Pe~~
~~es en~~
~~Ps~~
~~Ps~~
 ~~en~~
~~es~~
Elisabeth Freeman

~~es~~
~~ee~~
~~es~~
~~ee~~		 MHA Circuit Rep
~~es en~~
~~Ps~~
~~Ps~~
~~Ps~~
 ~~en~~
~~es~~
~~es~~
June Gabbitas

~~ee~~
~~es~~
~~ee~~
~~es~~		 ~~Ps~~
~~Ps~~
~~Ps~~
~~Ps~~
 ~~es~~
~~es~~
Graham Howe

~~es~~
~~ee~~
~~es~~
~~ee~~		 Steward
~~Ps~~
~~Ps~~
~~Ps~~
~~Ps~~
 ~~es~~
~~es~~
Edwina McConville

~~ee~~
~~es~~
~~ee~~
~~es~~		 Steward
~~Ps~~
~~Ps~~
~~Ps~~
~~Ps~~
 ~~es~~
~~es~~
Jo Parkinson

~~es~~
~~ee~~
~~es~~
~~ee~~		 ~~Ps~~
~~Ps~~
~~Ps~~
~~Ps~~
 ~~es~~
~~es~~
TonyParkinson

~~ee~~
~~es~~
~~ee~~
~~es~~		 Steward
~~Ps~~
~~Ps~~
~~Ps~~
~~Ps~~		 ~~es~~
~~es~~
Mark Preedy

~~es~~
~~ee~~
~~es~~		 Uniformed Organisation Rep
~~Ps~~
~~Ps~~
~~Ps~~		 ~~es~~
Joanna Rhodes

~~ee~~
~~es~~
~~es~~		 Treasurer
~~Ps~~
~~Ps~~
 Until May 2024
~~es~~
~~ee~~
PennySharples

~~es~~
~~ee~~
~~es~~		 SafeguardingOfficer
~~Ps~~
~~ee~~
~~Ps~~		 ~~ee~~
~~ee~~		 ~~ee~~
Margaret Weir
~~es~~
~~es~~		 Pastoral Committee Secretary
~~Ps~~
 ~~ee~~
~~en~~
Mark Whitehouse
~~es~~
~~ee~~
~~es~~		 Steward
~~Ps~~
~~ee~~
~~Ps~~		 ~~ee~~
~~ee~~
~~en~~		 ~~ee~~
Rev Tina Brooker
~~es~~
~~es~~		 Minister
~~Ps~~
 ~~en~~
~~en~~
David Sandy
~~es~~
~~ee~~
~~es~~		 Treasurer
~~Ps~~
~~ee~~
~~Ps~~		 From May 2024
~~en~~
~~ee~~
~~en~~		 ~~ee~~
Rev Iain Ballard
~~es~~
~~es~~		 Minister
~~Ps~~
 ~~en~~
~~en~~
Trevor Pethick
~~es~~
~~ee~~
~~es~~
~~ee~~		 Circuit Steward
~~Ps~~
~~ee~~
~~Ps~~
 ~~en~~
~~ee~~
~~en~~		 ~~ee~~
Derek Dwyer
~~es~~
~~ee~~
~~ee~~		 Cubbington Steward
~~Ps~~
~~Pes~~		 From May2024
~~en~~
Chislaine Chirnside
~~es~~
~~ee~~
~~ee~~		 Cubbington
~~Ps~~
~~Pes~~
~~n Ge~~		 From May2024
~~en~~
~~Ge~~
~~ee~~
~~ee~~		 ~~Ps~~
~~Pes~~
~~n Ge~~		 ~~Ge~~

Names and addresses of advisers (Optional information)

TAR

1

Type of adviser N/a

Name

Address

Name of chief executive or names of senior staff members (Optional information)

Section B

Structure, governance and management

Description of the charity’s trusts

Type of governing document

Approved governing document issued by the Methodist Church

How the charity is constituted

Trust

Appointed by Annual Church Meeting Trustee selection methods

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

The Trustees (the Church Council) meet as a minimum twice each year. Extraordinary meetings can be called as needed. At each ordinary meeting the Trustees receive detailed reports of the activities of the church and its financial performance. The Trustees approve the reserves policy, safeguarding policy, budget and major matters to do with property. The Finance and Property Committees provide additional management and scrutiny during the year. There is an annual Meeting to which all adherents of the Church (whether or not members or trustees) are invited. This meeting appoints Trustees (voting being by members only) and receives annual reports of activities.

Section C

Objectives and activities

The purposes of the Dale Street Methodist Church are in accordance with those of all other churches of the Methodist Connexion namely the advancement of a) The Christian Faith in accordance with the doctrinal standards Summary of the objects of the and the discipline of the Methodist Church charity set out in its b) Any charitable purpose for the time being of any Connexional, governing document 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

TAR

2

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

The activities of Dale Street Methodist Church are centered around a) The provision of regular acts of worship open to members of the church and non-members alike. b) The provision of space for prayer and contemplation and the support of small groups for bible study and fellowship c) The provision of activities for the young and their carers, and the elderly, all with a Christian ethos. d) The promotion of the mission of the church

e) The practical demonstration of care for the community by the support of social projects and activities and through a small Benevolent Fund f) The provision of space for community activities.

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

Section D

Achievements and performance

Summary of the main achievements of the charity during the year

The Church has provided regular acts of worship, space for prayer and demonstrated its care for the community by supporting a number of social projects and activities.

Work with children and young people includes a separate act of worship focused on young people and their families at 9:15 on most Sunday mornings in the month. Missional activities include a Monday morning coffee drop-in session which is open to all. On Thursdays there is a Babies and Toddlers session when parents can meet and their children play with a wide range of toys. On Saturdays there is a Dads and Tots session famous for its egg and bacon butties. An active support group for Action for Children organises a variety of fundraising events each year. These activities are supported by a church mission group.

In May 2024 after a period of discernment and evaluation Dale Street merged with Cubbington Methodist to become one church with two locations. Due to the risks associated with the Cubbington Methodist Church premises it was agreed that these premises would not be the responsibility of the combined church but would become the responsibility of the South Warwickshire Methodist Circuit. We are now working as one church supporting both congregations and the various activities. This has increased our worship opportunities with the weekly services at Cubbington and the outreach to Cubbington village particularly with the monthly Saturday coffee mornings which are well supported by the village.

TAR

3

Section E Financial review TAR

Brief statement of the charity’s policy on reserves

The Church’s current policy has been to stabilise general income and expenditure and seek to maintain general reserves and investments of £45,000 to £50,000, this being approximately 45%-50% of the annual ordinary operating expenditure of the Church.

During 2023/24 general income and expenditure stabilised with general income for the year of £154,402 compared to general expenditure of £169,906, an in-year loss of £15,504. This loss is predominantly due to investing in the church equipment and is in accordance with the policy above. There was an overall gain of £5,352 on the church’s expendable investments.

As at 31[st ] August 2024 total general reserves and associated investments stood at £169,867 made up of

In addition, the Church benefits from interest from two permanent endowments, invested in funds managed by the Central Finance Board of the Methodist Church, with a combined value of £23,414 providing £603.23 in interest to the Church in 2023/24.

Details of any funds materially in deficit

n/a

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

Sources of funds

The Church raises its funds by weekly offerings and donations from members and those attending worship and attending groups run by the Church; through lettings of the Church’s buildings and feed-in-tariffs from solar panels. Interest is received on Church funds held in bank/savings accounts and from investments.

Investments

Of its general reserves of £169,867 at the end of the financial year the Church held £41,852 in investments managed by the Central Finance Board (CFB) of the Methodist Church in the CFB Managed Mixed Fund.

Use of reserves

Following the receipt of a substantial legacy in 2022/23.

There was expenditure from the fund during the year for the replacement of the chairs within the worship space to enable the easier use of the space for multiple uses. None of the Legacy Fund is invested. Following the merger with Cubbington Methodist Church the combined reserves have increased above prudent levels and so the church is beginning the process of how the reserves are used wisely.

Accounts for 2023/24

The accounts for the year are attached to this annual report. The accounts are presented as though the merger of Dale Street and Cubbington Churches happened on 1[st] September 2023. It is noted that this includes income relating to the renting of the Cubbington premise as well as expenditure till the South Warwickshire Methodist Church took over the responsibilities for the Cubbington Building in May 2024. So, this year accounts are effectively an anomaly.

TAR

5

Section F Other optional information Section G Declaration Thé trust￿& declar(t that Ihey ha¥0 approvod the trusl8•8' ieport abo¥e. $igrt•d on ￿hall d th• ¢harW$ tru6tèè6 Pgsition (•B Svrfelaty. chair. Chair to Church Council Datè TAft TAR

CHURCH RECEIPTS AND PAYMENTS ACCOUNTS

THE METHODIST CHURCH STANDARD FORM OF ACCOUNTS

Dale Street and Cubbington Methodist Church

FOR THE YEAR ENDED

31 August 2024

Circuit
South Warwickshire Circuit		 Circuit no 5/12
Registered Charity - Charity Registration number
1153330

If not a registered charity Her Majesty's Revenue and

Customs Gift Aid number

(The HMRC number is equivalent to a registered charity number in terms of evidence of charitable status and may be used to give to donors or grant funders wishing to see evidence of the organisation's charitable status. Methodist charities in England and Wales that are not registered charities are excepted from registration under Statutory Instrument 2014 No.242)

Minister: REV. TINA BROOKER Church Stewards: GRAHAM HOWE TONY PARKINSON MARK WHITEHOUSE EDWINE McCONVILLE MARGARET BEGG DAVID CHIRNSIDE Treasurer: DAVID SANDY

Church R and P 2015.xls

1 of 5

ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024

Dale Street and Cubbington Methodist Church

SECTION A Unrestricted
Funds
Restricted
Funds		 Unrestricted
Funds
Restricted
Funds		 £
73,206
5,542
60,641
10,952
4,061
Totals this
year		 £
73,206
5,542
60,641
10,952
4,061
Totals this
year		 Totals last
year
£ £ £ £
a1 RECEIPTS Note
a2 Offerings and Tax recovered 73206 73,206 74,580
a3 Bank and CFB interest and
Investment income		 5542 5,542 1,943
a4 Lettings 60641 60,641 68,412
a5 Other receipts 10952 10,952 8,231
Legacy 4061 4,061 47,515
a6 TOTAL RECEIPTS 154402 **154,402 ** (a7) 200,682
SECTION B 80,460
2,645
52,143
25,773
8,885
b1 PAYMENTS
b2 Circuit Assessment or Share 80460 80,460 89,704
b3 Donations 2645 2,645 2,550
b4 Repairs and Maintenance 52143 52,143 35,608
b5 Utilities (Insurances, water
charges,heating& lighting)		 25773 25,773 17,646
b6 Church Missioner salary, expenses and
events
b7 Otherpayments 8885 8,885 2,579
b8 TOTAL PAYMENTS 169906 **169,906 ** (b9) 148,087
(15,504)
SECTION C
c1 NET RECEIPTS/PAYMENTS
FOR THE YEAR
(a6-b8)		 -15504 (15,504) 52,595
c2 Total funds brought forward from
last year		 142959 559 **143,518 ** (c6) 90,922
128,014
c3 (c1+c2)
Sub total		 127455 559 128,014 143,517
c4 Transfers and adjustments (c7)
c5 TOTAL FUNDS AT END OF YEAR
(c3+c4)		 127455 559 **128,014 ** (c8) 143,517 (c6)
SECTION D
d £
Balance brought forward from lastyear
10
Offerings/Gifts - received for external organisations
1,976
Offerings/Gifts -passed to external organisations
1,971
BALANCE STILL TO BE PAID(d1+d2-d3)
15
(these amounts are not to be included in total receipts/payments figures above)
FOR INFORMATION ONLY: MONEY RECEIVED AND PASSED ON TO EXTERNAL ORGANISATIONS		 £
d1 Balance brought forward from lastyear 10 35
d2 Offerings/Gifts - received for external organisations 1,976 1,166
d3 Offerings/Gifts -passed to external organisations
BALANCE STILL TO BE PAID(d1+d2-d3)		 1,971 1,191
d4 15

2 of 5

Church R and P 2015.xls

Dale Street and Cubbington Methodist Church

SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL

SECTION E Please follow the Guidance Notes to complete this page Summary of the Church accounts for the year ended 31 August 2022 and Internal Organisations reporting to the Church Council/Church Meeting. Note that the funds of an Internal Organisation would normally be Restricted funds unless it could be clearly shown that they could be used for any Methodist purpose. This section must be completed to arrive at the gross income and expenditure totals of the Church. If gross income exceeds the Accruals threshold, then the Accruals method of accounting AND A DIFFERENT FORM must be used to report the accounts (see Methodist website). Please refer to the guidance notes regarding transfers between the District and connected District Organisations.

SECTION E Please follow the Guidance Notes to complete this page Please follow the Guidance Notes to complete this page Please follow the Guidance Notes to complete this page Please follow the Guidance Notes to complete this page Please follow the Guidance Notes to complete this page Please follow the Guidance Notes to complete this page Please follow the Guidance Notes to complete this page Please follow the Guidance Notes to complete this page Please follow the Guidance Notes to complete this page Please follow the Guidance Notes to complete this page Please follow the Guidance Notes to complete this page Please follow the Guidance Notes to complete this page Please follow the Guidance Notes to complete this page
Summary of the Church accounts for the year ended 31 August 2022 and Internal Organisations reporting to the Church Council/Church Meeting. Note that the funds of
an Internal Organisation would normally be Restricted funds unless it could be clearly shown that they could be used for any Methodist purpose. This section must be
completed to arrive at the gross income and expenditure totals of the Church. If gross income exceeds the Accruals threshold, then the Accruals method of accounting
AND A DIFFERENT FORM must be used to report the accounts (see Methodist website). Please refer to the guidance notes regarding transfers between the District
and connected District Organisations.
INTERNAL
ORGANISATIONS		 Receipts Payments Net Receipts/
Payments		 Adjustments Opening
balances		 Closing balances
e1 Midis 517 579 (62) 467 405
e2 Dads and Tots 3,018 3,013 5 71 76
e3 CMYG 4 4 (292) 288
e4
e5
e6
e7
e8 Sub total of Internal
Organisations funds		 3,539 3,592 (53) (292) 826 (e11) 481 (e12)
e9 Church accounts (totals
brought forward from page
2 - totals column)
 **154,402 ** (a7) **169,906 ** (b9) (15,504) (c7) **143,517 ** (c6) 128,014 (c8)
e10 ~~TOTAL CASH FUNDS HELD~~
BY CHURCH		 157,941 173,498 (15,556) (292) 144,343 (x) 128,495 (y)
TOTAL RECEIPTS TOTAL
PAYMENTS

SECTION F

STATEMENT OF ASSETS AND LIABILITIES

STATEMENT OF ASSETS AND LIABILITIES
CHURCH - CASH FUNDS HELD at 31 August 2024
Total funds held by Internal Organisations (the closing
balance total from above) (e12)
Bank Current Account
Central Finance Board
Trustees for Methodist Church Purposes
Other funds
SUB TOTAL - Church accounts
Bank Deposit Account
Cash in hand
TOTAL CASH FUNDS HELD BY CHURCH		 OPENING
BALANCES
14
32,321
37,751
25,320
48,111
143,517
(c6)
826 (e11)
144,344
(x)		 CLOSING
BALANCES
f1 Cash in hand
f2 Bank Current Account 35,119
f3 Bank Deposit Account 46
f4 Central Finance Board 42,304
f5 Trustees for Methodist Church Purposes 50,545
f6 Other funds
f7 SUB TOTAL - Church accounts 128,013 (c8)
f8 Total funds held by Internal Organisations (the closing
balance total from above) (e12)		 481 (e12)
f9 TOTAL CASH FUNDS HELD BY CHURCH 128,494 (y)
SECTION G
OTHER ASSETS and LIABILITIES
Other Assets
Other Liabilities
Loan(s)- show amount outstandingatyear end
Land & Buildings(see notes re Insurance value)
Investments(include Endowments)		 At
1 September 2023
59,915
6,178,078		 At
31 August 2024
65,267
6,363,416
g1 Investments(include Endowments) 59,915 65,267
g2 Land & Buildings(see notes re Insurance value) 6,178,078 6,363,416
g3 Other Assets
g4 Loan(s)- show amount outstandingatyear end
g5 Other Liabilities

f4 Include only Funds held at the Central Finance Board

f5 Include only Funds held at Trustees for Methodist Church Purposes

g1 Include any other investments (not the cash element of TMCP trusts accounts this is included in line f5

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2015 Church R and P.xls

Name of Church DALE STREET METHODIST CHURCH

Declarations and Scrutiny

| confirm that these Receipt and Payment based accounts for the year to 31 August 2024 have been prepared from the records of the Church and that they include all funds under the control of the Church trustees.

Datel AY Signature oftreasurer .....................2.0..0.0-2202 Mile eceseeeeseeeeeeeeeee Date 06/04/2024

Name and address of treasurer DAVID SANDY, 50 Kingsway, Banbury, Oxfordshire, OX16 9NY

Presentation to the Church trustees

| confirm that the annual report and accounts for the year ended 31 August 2024 were presented to the meeting of the Church trustees held on Sunday 11th May 2025. Signature of the Chair of the meeting _ lee Name of the Chair of the meeting ENsy TTINA G@oovse Date ee elas/

2015 church R and P.xis

4o0f5

Name of Church DALE STREET METHODIST CHURCH Independent Examiner's Statsment I have completed my examination. I confirm that no material matters have come to my attention in connection with the exarnination which give me cause to believe that in. any material respect: the accounting records were not kept in accordance with section 130 of the Act., or the accounts do not accord with the accounting records. 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 understsnding of tha accounts to be reached. I havelhave not. obtained independent verification of all investments with the Trustees for Methodist Church Purposes or held in other trusts, bank balances and funds at the Central Finance Board of the Methodist Church which are individually in excess of £10.000 (ten thousand pounds) at the balance sheet date. Signature of independent examiner.. Name of independent examiner: David Dumper Address '. 99 Shottery Road, Stratford upon Avon, CV37 9QB Date

Name of Church DALE STREET METHODIST CHURCH Independent Examlnerfs Ststement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which give me cause to believe that in, any material respect: the accounting records V￿re not kept in accordance with section 130 of the Act; or the accounts do not accord with the accounts'ng records. 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. I havelhave not. obtsined independent verification of all investments with the Trustees for Methodist Church Purposes or held in other trusts, bank balances and funds at the Central Finance Board of the Methodist Church which are individually in excess of £10,000 (ten thousand pounds) at the balance sheet date. Signature of independent examiner.. Name of independent examiner: David Dumper Address '. 99 Shottery Road, Strafford upon Avon, CV37 9QB Date