## Pinner Methodist Church TRUSTEES’ REPORT
## 1 September 2023 – 31 August 2024
## **Governance**
As a Methodist Church in England, Pinner Methodist Church comes under the auspices of the Methodist Church whose governing body is the Methodist Conference. The authority by which the Conference acts is laid out in the Methodist Church Act 1976.
Pinner Methodist Church is a registered charity number 1162556
Pinner Methodist Church is part of the Harrow and Hillingdon Circuit (35/36) in the London District.
The Managing Trustees of Pinner Methodist Church are the members of the Church Council. The composition is:
The Superintendent Minister of the Circuit and the Minister in charge of the church, Reverend Dr Lynita Conradie.
Members elected by the Annual Meeting (to serve from Sept 2023) -
Stewards:
Terry Field
Sylvia Agyare
Janet Dobson
David Salkeld
Heather Morris
Church Council Members:
- Kofi Agyare
- Ian Murray
- Colin Nunn
Treasurer: Bernice Aryee-Addo
## **Statement of Trustees’ Responsibilities**
The law applicable to charities in England and Wales requires the Trustees to prepare, for each financial year, financial statements which give a true and fair record of the charity’s financial activities during the year and of its financial position at the end of the year. In preparing financial statements giving a true and fair view, the Trustees should follow best practice and
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards and the Statement of Recommended Practice 2005, Accounting and Reporting by Charities have been followed; and
- prepare the financial statements on the ‘going concern’ basis unless it is inappropriate to presume that activities will continue.
The Trustees are responsible for keeping proper accounting records which disclose, with reasonable accuracy, the financial position of the Pinner Methodist Church Fund and which will enable them to ensure that the financial statements comply with the Standing Orders of the Methodist Church and the Charities Act 1993. They are also responsible for taking reasonable steps to safeguard the assets of the charity and to prevent and detect fraud and other irregularities.
The Trustees consider these practices have been followed and their responsibilities properly discharged.
## **Objectives and activities**
Pinner Methodist Church exists to provide regular public acts of worship open to members of the church and non-members alike. It provides a sacred space, a building, for prayer and contemplation. It explains and commends Christianity through sermons, courses and small groups. It carries out pastoral work, including visiting the sick and the bereaved.
Pinner Methodist Church is a community of Christian people bearing witness to the love of God revealed in Jesus Christ, His Son, in words and actions, and in the power of His Spirit.
Part of our mission is to provide, in association with other PAC Churches and the Harrow and Hillingdon Circuit, a centre for Christian worship, fellowship, pastoral care, mission and service to the community in and around Pinner and to the wider world.
Our outreach to the community is lead by Pinner Playtime which brings parents and pre-school children together five days per week during term time.
We also hold a coffee morning every Saturday and a friendship group called “Soup and Natter” on Thursday each week. All are welcome to both of these community outreach groups.
The Church encourages interaction with the local community by offering the church space to local schools for Christian celebrations and activities.
## **Investment Policy**
The investment of surplus funds is operated via the Central Finance Board (CFB) of the Methodist Church; CFB aims to provide a highquality investment service seeking above-average returns for long-term investors, whilst ensuring that the securities held by all its funds are in line with the ethical policy of The Methodist Church.
## **Financial Statements**
## **Introduction**
The End of Year Financial Statements of Pinner Methodist Church for the year ending 31st August 2024 are presented on the following pages. The accounts have been prepared using the My Fund accounting package for church organisations developed and supported by Data Developments.
## **Comments**
The statement of financial activities shows an increase of £17083(2023 £36,553) Which is satisfactory as the previous year profit was inflated by a £27k Gas refund.
The Church has one employee undertaking the role of Office Administrator.
Revd. Dr Lynita Conradie
Bernice Aryee-Addo
Minister Pinner Methodist Church Treasurer
Name of Church . Pinner Methodist Church No 1162556
Ind8p•ndent Examineffs Stst•ment
I have completed my examinabon. I confim that no material matters have corn8 to my attention
in connection with the examination I
el) which give me iause to
believe that in, any material respect..
or
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 8 proper understsnding of the
aceounts to be aChed.
I havethave nor obtsined independènt verification of all investments with the TDJstees for
Methodist Church Purposes or held in other trusts, bank balan8 and funds at the Central
Finan Board of the MethLyJist Church which are individually in excess of £10.000 {ten Ihou88nd
pounds) at the balance sheet date.
Signature of independent examiner
Name of independent examiner
.John Chamberlain
Relevant profèssional qualffication of independent examiner
Namè offim Iwhere appropriatèl
Address 4, Wilmar Clo3¢, Hayes, Middlesex
Post Code U84 8ET
Date
dèlete or circle as appropriate
PMC Siandard form of aLuunts 2023-?4
Sof5
## **Statement of Financial Activities**
||**Unrestricte**
**d**
**funds**
**Restricte**
**d**
**funds**
**Endowmen**
**t**
**funds**
**Total**
**funds**
**Prior year**
**total**
**funds**|
|---|---|
|**Receipts**
Oferings and tax recoverable
Bank & CFB interest and investment income
Lettings
Other receipts
Internal organisations (income)
**Total income**
**Payments**
Circuit assessment or share
Donations
Repairs and maintenance
Utilities, insurances etc
Other payments
Internal organisations (expenditure)
**Total expenditure**
**Net income / (expenditure) resources**
**before transfer**
**Transfers**
Gross transfers between funds - in
Gross transfers between funds - out
**Other recognised gains / losses**
Gains/losses on investment assets
Gains on revaluation, fxed assets, charity's
own use
**Net movement in funds**
**Total funds brought forward**|28,178.05
-
-
28,178.05
31,145.86
3,210.60
1,919.84
-
5,130.44
2,894.04
99,732.96
-
-
99,732.96
82,752.88
11,323.47
-
-
11,323.47
42,739.41
12,354.47
-
-
12,354.47
-|
||**154,799.55**
**1,919.84**
**-**
**156,719.3**
**9**
**159,532.19**
41,242.00
-
-
41,242.00
42,142.00
-
-
-
-
2,027.24
27,615.21
-
-
27,615.21
20,020.05
17,112.40
-
-
17,112.40
11,135.52
40,317.21
101.06
-
40,418.27
47,653.86
13,248.31
-
-
13,248.31
-|
||**139,535.13**
**101.06**
**-**
**139,636.1**
**9**
**122,978.67**|
||**15,264.42**
**1,818.78**
**-**
**17,083.20**
**36,553.52**
55,504.02
-
-
55,504.02
-
(55,500.00)
(4.02)
-
(55,504.02
)
-
-
-
-
-
-
-
-
-
-
-|
||**15,268.44**
**1,814.76**
**-**
**17,083.20**
**36,553.52**|
||**107,535.60**
**35,684.39**
**-**
**143,219.9**
**106,666.47**|
|||||**9**||
|---|---|---|---|---|---|
|**Total funds carried forward**|**122,804.04**|**37,499.15**|**-**|**160,303.1**
**9**|**143,219.99**|
|**Represented by**||||||
|**Unrestricted**||||||
|General Fund|44,159.72|-|-|44,159.72|51,619.07|
|**Designated**||||||
|Administration Salary|-|-|-|-|-|
|Central Finance Board Deposit Fund|51,289.87|-|-|51,289.87|29,138.63|
|Pinner Playtime|6,208.95|-|-|6,208.95|6,961.79|
|TMCP 22216|20,430.50|-|-|20,430.50|18,960.11|
|Youth Club|715.00|-|-|715.00|856.00|
|**Restricted**||||||
|Agency collection|-|-|-|-|-|
|Benevolence Fund|-|150.00|-|150.00|150.00|
|TMCP 10130|-|76.15|-|76.15|76.15|
|TMCP 21197|-|37,273.00|-|37,273.00|35,458.24|
|**Total funds**|**122,804.04**|**37,499.15**|**-**|**160,303.1**
**9**|**143,219.99**|
## **Balance Sheet detailed**
**As at As at 31/08/2024 31/08/2023**
**Class and code Description**
## **Current assets**
|5001
HSBC Bank Account
5002
Pinner Playtime
5004
Central Finance Board
5006
Pinner Playtime Float
5009
TMCP 22216
5010
TMCP 21197
5011
TMCP 10130
5015
Youth Club
**Total Current assets**
**abilities**
6699
Agency collections
**Total Liabilities**
**Net Asset surplus (defcit)**
**eserves**
Excess/(defcit) to date
Z01
Starting balances
**Total Reserves**
**Represented by Funds**
General (Unrestricted)
Designated
Restricted
**Total**|44,309.72
51,769.07
6,178.95
6,931.79
51,289.87
29,138.63
30.00
30.00
20,430.50
18,960.11
37,273.00
35,458.24
76.15
76.15
715.00
856.00|
|---|---|
||**160,303.19**
**143,219.99**
-
-|
||**-**
**-**|
||**160,303.19**
**143,219.99**|
||17,083.20
-
143,219.99
143,219.99|
||**160,303.19**
**143,219.99**
44,159.72
51,619.07
78,644.32
55,916.53
37,499.15
35,684.39|
||**160,303.19**
**143,219.99**|
## **Liabilities**
## **Reserves**
## **Statement of Assets and Liabilities (by code)**
**Class and nominal code General Designated Restricted Endowment Total Last year**
**Current Asset - Cash At Bank And In Hand**
|5001: HSBC Bank Account|44,159.72|-|150.00|-|44,309.72|51,769.07|
|---|---|---|---|---|---|---|
|5002: Pinner Playtime|-|6,178.95|-|-|6,178.95|6,931.79|
|5004: Central Finance Board|-|51,289.87|-|-|51,289.87|29,138.63|
|5006: Pinner Playtime Float|-|30.00|-|-|30.00|30.00|
|5015: Youth Club|-|715.00|-|-|715.00|856.00|
|**Total **|**44,159.72**|**58,213.82**|**150.00**|**- **|**102,523.54**|**88,725.49**|
|**Current Asset - Investments**|||||||
|5009: TMCP 22216|-|20,430.50|-|-|20,430.50|18,960.11|
|5010: TMCP 21197|-|-|37,273.00|-|37,273.00|35,458.24|
|5011: TMCP 10130|-|-|76.15|-|76.15|76.15|
|**Total**|**-**|**20,430.50**|**37,349.15**|**-**|**57,779.65**|**54,494.50**|
|**Net total assets **|**44,159.72**|**78,644.32**|**37,499.15**|**- **|**160,303.19 **|**143,219.99**|
|**Represented by**|||||||
|General (Unrestricted)|44,159.72|-|-|-|44,159.72|51,619.07|
|Designated - 22216|-|20,430.50|-|-|20,430.50|18,960.11|
|Designated - CFB|-|51,289.87|-|-|51,289.87|29,138.63|
|Designated - PP|-|6,208.95|-|-|6,208.95|6,961.79|
|Designated - YC|-|715.00|-|-|715.00|856.00|
|Restricted - 10130|-|-|76.15|-|76.15|76.15|
|Restricted - 21197|-|-|37,273.00|-|37,273.00|35,458.24|
|Restricted - BF|-|-|150.00|-|150.00|150.00|
|**Total **|**44,159.72**|**78,644.32**|**37,499.15**|**- **|**160,303.19 **|**143,219.99**|
## **Fund movement summary**
**Fund Opening Incoming Outgoing Transfers Gains/Losses Journals Closing**
||**Fund**
|**pening In**|**coming Out**|**going Tr**|**ansfers Gains**|**/Losses Jou**|**rnals**|**Closing**|
|---|---|---|---|---|---|---|---|---|
|**10130**|||||||||
|Restricted||76.15|4.02|-|(4.02)|-|-|76.15|
||**Sub-totals**|**76.15**|**4.02**|**-**|**(4.02)**|**-**|**-**|**76.15**|
|**21197**|||||||||
|Restricted||35,458.24|1,915.82|101.06|-|-|-|37,273.00|
|---|---|---|---|---|---|---|---|---|
||**Sub-totals**|**35,458.24**|**1,915.82**|**101.06**|**-**|**-**|**-**|**37,273.00**|
|**22216**|||||||||
|Designated||18,960.11|1,024.43|54.04|500.00|-|-|20,430.50|
||**Sub-totals**|**18,960.11**|**1,024.43**|**54.04**|**500.00**|**-**|**-**|**20,430.50**|
|**Admin sal**|||||||||
|Designated||-|10,666.56|10,666.56|-|-|-|-|
||**Sub-totals**|**-**|**10,666.56**|**10,666.56**|**-**|**-**|**-**|**-**|
|**BF**|||||||||
|Restricted||150.00|-|-|-|-|-|150.00|
||**Sub-totals**|**150.00**|**-**|**-**|**-**|**-**|**-**|**150.00**|
|**CFB**|||||||||
|Designated||29,138.63|8,393.24|41,242.00|55,000.00|-|-|51,289.87|
||**Sub-totals**|**29,138.63**|**8,393.24**|**41,242.00**|**55,000.00**|**-**|**-**|**51,289.87**|
|**PP**|||||||||
|Designated||6,961.79|11,767.47|12,520.31|-|-|-|6,208.95|
||**Sub-totals**|**6,961.79**|**11,767.47**|**12,520.31**|**-**|**-**|**-**|**6,208.95**|
|**YC**|||||||||
|Designated||856.00|587.00|728.00|-|-|-|715.00|
||**Sub-totals**|**856.00**|**587.00**|**728.00**|**-**|**-**|**-**|**715.00**|
|**General**|||||||||
|Unrestricted||51,619.07|122,360.85|74,324.22|(55,495.98)|-|-|44,159.72|
||**Sub-totals**|**51,619.07 **|**122,360.85**|**74,324.22 **|**(55,495.98)**|**-**|**-**|**44,159.72**|
||**Totals **|**143,219.99 **|**156,719.39 **|**139,636.19**|**-**|**-**|**- **|**160,303.19**|
## **Analysis of income and expenditure**
||||||**Total**|**Total**|
|---|---|---|---|---|---|---|
||**Unrestricte**
**d**|**Designate**
**d**|**Restricte**
**d**|**Endowmen**
**t **|**This year **|**Last year**|
|**RECEIPTS**|||||||
|**Oferings and tax recoverable**|||||||
|1001 - Weekly ofering - cash and|3,706.06|-|-|-|3,706.06|31,145.86|
|cheques|||||||
|---|---|---|---|---|---|---|
|1002 - Weekly ofering -|-|-|-|-|-|-|
|envelopes|||||||
|1003 - Ofertory - standing orders|18,264.92|-|-|-|18,264.92|-|
|1004 - Gift Aid - Regular giving|-|6,207.07|-|-|6,207.07|-|
|1005 - Gift Aid - single gifts|-|-|-|-|-|-|
|1010 - Tax reclaimed|-|-|-|-|-|-|
|**Oferings and tax recoverable**
**Totals**|**21,970.98**|**6,207.07**|**-**|**-**|**28,178.05**|**31,145.86**|
|**Bank & CFB interest and investment**|**income**||||||
|1101 - Interest - Bank|-|-|-|-|-|2,894.04|
|1102 - Interest - CFB|-|2,186.17|-|-|2,186.17|-|
|1103 - Interest - TMCP 22216|-|1,024.43|-|-|1,024.43|-|
|1104 - Dividends - TMCP|-|-|-|-|-|-|
|1105 - Interest - TMCP 21197|-|-|1,915.82|-|1,915.82|-|
|1106 - Interest- TMCP 10130|-|-|4.02|-|4.02|-|
|**Bank & CFB interest and**|||||||
|**investment income Totals**|**-**|**3,210.60**|**1,919.84**|**-**|**5,130.44**|**2,894.04**|
|**Lettings**|||||||
|1201 - Lettings - Church|35.00|-|-|-|35.00|-|
|1202 - Lettings - Hall|27,311.75|-|-|-|27,311.75|82,752.88|
|1203 - Lettings - Other Rooms|72,386.21|-|-|-|72,386.21|-|
|1204 - Rental Income|-|-|-|-|-|-|
|**Lettings Totals**|**99,732.96**|**-**|**-**|**-**|**99,732.96**|**82,752.88**|
|**Other receipts**|||||||
|1011 - Admin Salary Contribution|-|10,666.56|-|-|10,666.56|-|
|1301 - Sales proceeds - Property|-|-|-|-|-|-|
|1302 - Sales proceeds - Furniture|-|-|-|-|-|-|
|1303 - Sales proceeds - Other|-|-|-|-|-|-|
|Assets|||||||
|1304 - Donations - In Memoriam|-|-|-|-|-|-|
|1305 - Donations - General|296.75|-|-|-|296.75|-|
|1306 - Donations - Claim|||||||
||-|-|-|-|-|-|
|Proceeds|||||||
|1307 - Magazine - receipts|-|-|-|-|-|-|
|1308 - Fund Raising - Receipts|-|-|-|-|-|-|
|1309 - Methodist Collections -|1309 - Methodist Collections -|||||||
|---|---|---|---|---|---|---|---|
|||-|-|-|-|-|-|
|Receipts||||||||
|1310 - Other Collections -||||||||
|||-|-|-|-|-|-|
|Receipts||||||||
|1311 - Film Receipts||-|-|-|-|-|-|
|1312 - Fairtrade Sales||-|-|-|-|-|-|
|1313 - Fees||-|-|-|-|-|-|
|1314 - Capital receipts||-|-|-|-|-|-|
|1315 - Other Income||346.16|-|-|-|346.16|42,739.41|
|1316 - Photocopying||4.00|-|-|-|4.00|-|
|1317 - Sundry||10.00|-|-|-|10.00|-|
|**Other receipts**|**Totals**|**656.91**|**10,666.56**|**-**|**-**|**11,323.47**|**42,739.41**|
|**Internal organisations (income)**||||||||
|1901 - Internal organisations
(inc)||-|12,354.47|-|-|12,354.47|-|
|**Internal organisations (income)**
**Totals**||**-**|**12,354.47**|**-**|**-**|**12,354.47**|**-**|
|**Receipts Grand**|**totals**|**122,360.85**|**32,438.70**|**1,919.84**|**-**|**156,719.3**
**9**|**159,532.1**
**9**|
|**PAYMENTS**||||||||
|**Circuit assessment or share**||||||||
|2001 - Circuit Assessment or||||||||
|Share||-|41,242.00|-|-|41,242.00|42,142.00|
|**Circuit assessment or share**||||||||
||**Totals**|**-**|**41,242.00**|**-**|**-**|**41,242.00**|**42,142.00**|
|**Donations**||||||||
|2101 - Methodist Entities||-|-|-|-|-|-|
|2102 - National Charities||-|-|-|-|-|2,027.24|
|2103 - Local Charities||-|-|-|-|-|-|
|2104 - Benevolence Distributions||-|-|-|-|-|-|
|2105 - Other Collections -||||||||
|||-|-|-|-|-|-|
|Payments||||||||
|2106 - Collections Methodist -||||||||
|||-|-|-|-|-|-|
|Payments||||||||
|**Donations**|**Totals**|**-**|**-**|**-**|**-**|**-**|**2,027.24**|
**Repairs and maintenance**
|2201 - Cleaning - Wages etc|12,207.94|-|-|-|12,207.94|9,154.29|
|---|---|---|---|---|---|---|
|2202 - Cleaning - Caretaker|-|-|-|-|-|-|
|2203 - Cleaning -|-|-|-|-|-|-|
|Materials(polish,brushes etc)|||||||
|2210 - Maintenance - Materials|||||||
|(Paint etc)|-|-|-|-|-|3,008.40|
|2211 - Maintenance - Toilet Rolls,|||||||
||-|-|-|-|-|-|
|soap etc|||||||
|2212 - Maintenance - Light Bulbs|||||||
||-|-|-|-|-|-|
|etc|||||||
|2213 - Maintenance - Gardening|1,077.90|-|-|-|1,077.90|-|
|2214 - Maintenance - Piano and|||||||
||-|-|-|-|-|-|
|Organ Tuning|||||||
|2220 - Property - repairs,
maintenance etc|12,574.97|-|-|-|12,574.97|7,857.36|
|2221 - Church - Repairs|-|-|-|-|-|-|
|2222 - Schoolrooms - Repairs|-|-|-|-|-|-|
|2223 - Organ - Repairs|-|-|-|-|-|-|
|2224 - Pianos - Repairs|-|-|-|-|-|-|
|2225 - Planned Repairs|1,754.40|-|-|-|1,754.40|-|
|**Repairs and maintenance**
**Totals**|**27,615.21**|**-**|**-**|**-**|**27,615.21**|**20,020.05**|
|**Utilities, insurances etc**|||||||
|2301 - Insurance - Church|3,684.57|-|-|-|3,684.57|3,527.41|
|2302 - Insurance - Other|||||||
||-|-|-|-|-|-|
|Buildings|||||||
|2310 - Gas - Heating|6,255.40|-|-|-|6,255.40|4,558.85|
|2311 - Gas - Kitchen|-|-|-|-|-|-|
|2312 - Electricity - Heating|-|-|-|-|-|-|
|2313 - Electricity - Lighting, etc|5,852.08|-|-|-|5,852.08|2,568.44|
|2314 - Oil - Heating|-|-|-|-|-|-|
|2320 - Water|834.73|-|-|-|834.73|480.82|
|2321 - Council tax|-|-|-|-|-|-|
|2608 - Communication|485.62|-|-|-|485.62|-|
|**Utilities, insurances etc Totals**|**17,112.40**|**-**|**-**|**-**|**17,112.40**|**11,135.52**|
|**Other payments**|||||||
|2002 - Admin Charge TMCP-|-|-|101.06|-|101.06|-|
|21197|||||||
|---|---|---|---|---|---|---|
|2003 - Admin Charges TMCP-|-|54.04|-|-|54.04|-|
|22216|||||||
|2004 - Admin Charges TMCP-|-|-|-|-|-|-|
|10130|||||||
|2601 - Equipment - eg Vacuum|411.97|-|-|-|411.97|-|
|Cleaner|||||||
|2602 - Photocopying|-|-|-|-|-|-|
|2603 - Stationery|335.41|-|-|-|335.41|-|
|2604 - Ofice Consummables -|-|-|-|-|-|-|
|paper, cartridges|||||||
|2605 - Postage|-|-|-|-|-|-|
|2606 - Telephone|927.39|-|-|-|927.39|-|
|2607 - Travel|-|-|-|-|-|-|
|2609 - Data Developments cost|24.00|-|-|-|24.00|-|
|2620 - Ground rent / Chief rent|-|-|-|-|-|-|
|2621 - Professional Service|-|-|-|-|-|-|
|2622 - Fund Raising Costs|-|-|-|-|-|-|
|2623 - Film Costs|-|-|-|-|-|-|
|2624 - Copyright Licence|652.92|-|-|-|652.92|-|
|2625 - Magazines Costs|-|-|-|-|-|-|
|2626 - Fairtrade Costs|-|-|-|-|-|-|
|2627 - Books & Cards|-|-|-|-|-|-|
|2628 - Catering|-|-|-|-|-|-|
|2639 - Treasurer Expenses|40.00|-|-|-|40.00|-|
|2640 - Organist|865.00|-|-|-|865.00|-|
|2641 - Preacher's Expenses|-|-|-|-|-|-|
|2642 - Hymnbooks|-|-|-|-|-|-|
|2643 - Worship Books|-|-|-|-|-|-|
|2644 - Communion Costs|-|-|-|-|-|-|
|2650 - Employment - Wages|25,095.54|10,666.56|-|-|35,762.10|42,995.52|
|2651 - Employment - National|-|-|-|-|-|-|
|Insurance|||||||
|2652 - Employment - Pensions|-|-|-|-|-|-|
|2653 - Apprenticeship Levy|-|-|-|-|-|-|
|2654 - Payroll Admin fees|-|-|-|-|-|-|
|2655 - Sundry|603.63|-|-|-|603.63|4,658.34|
|---|---|---|---|---|---|---|
|2656 - Bank Charges|140.75|-|-|-|140.75|-|
|2657 - PAC Payments|500.00|-|-|-|500.00|-|
|**Other payments Totals**|**29,596.61**|**10,720.60**|**101.06**|**-**|**40,418.27**|**47,653.86**|
|**Internal organisations (expenditure)**|||||||
|2901 - Internal organisations
(exp)|-|13,248.31|-|-|13,248.31|-|
|**Internal organisations**
**(expenditure) Totals**|**-**|**13,248.31**|**-**|**-**|**13,248.31**|**-**|
|**Payments Grand totals**|**74,324.22**|**65,210.91**|**101.06**|**-**|**139,636.1**
**9**|**122,978.6**
**7**|