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2024-08-31-accounts

ST.ANDREW’S METHODIST CHURCH BUSHEY HEATH

Registered Charity Number 1163054

Registered Address

69, High Road, Bushey Heath,

Bushey, Hertfordshire, WD23 1EE

Managing Trustees who served during the year under review and, with the excepton of Rev’d Joy Mayisiri and Jaqueline Wilson, as at the date this Report was approved

Rev’d Joy Mayisiri ( Minister) Matthew Tattersall ( Church Steward )

Hugh Markham-Jones Lesley Markham-Jones

David Whitehead ( Church Steward and Church Treasurer)

John Wood ( Church and Property Steward )

Suzanne Wood ( Church Steward ) Ann Wright ( Church Steward ) Jaqueline Wilson Hazel Appleton ( Secretary to the Church Council )

All the above were Trustees for the whole of the year under review.

Custodian Trustees

The Trustees for Methodist Church Purposes

Central Buildings, Oldham Street,

Manchester, M1 1JQ

Banks

Barclays

62-64 High Street, Watford

Hertfordshire, WD17 2BT

Central Finance board of the Methodist Church

9, Bonhill Street, London, EC2A 4PE

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Independent Examiner

Mrs Anne Canavan,

26, Ivinghoe Road, Bushey,

Hertfordshire, WD23 4SW

Charitable Object and Status

The principal object of the Charity is the furtherance of the religious and other charitable work of the Church together with the maintenance of the Church premises in order to facilitate this object.

The Church is part of the Methodist Connexion in Great Britain whose constitution is governed by an Act of Parliament.

Since 7[th] August 2015 the Church has been registered as a charity with the Charity Commission. Previously it had been excepted from registration under Statutory Instruments 1734 of 2012 and 242 of 2014.

Organisatonal Structure

Members of the Church are accepted either upon confirmation of their Baptismal vows by profession of faith in Jesus Christ, or by transfer of their membership from another Methodist Church. At 31[st] August 2024 there were 27 members of the Church.

The members for the time being of the Church Council act collectively as local Managing Trustees of the Church and have responsibility for the overall policy of the Church. The Church Council comprises the Minister, as Chairman, the Church Stewards, other elected officers and representatives of the Church members. Apart from the Minister, all the above together with the Independent Examiner are appointed or re-appointed at the Annual Meeting of the Church which is open to all members and also to non-members although they do not have a vote.

Church Stewards are normally appointed for a period of six years although this may be extended on an annual basis and together with the Minister they are responsible for the day to day running of the Church’s work and witness. They meet regularly and report to each Church Council (which normally meets two or three times a year) as do the Treasurer and Property Steward. Other reports may be required by the Church Council for their consideration and approval, and all their decisions are recorded in The Minutes Book. Copies of The Minutes are available for inspection by Church members.

The Church is part of the West Hertfordshire and Borders Methodist Circuit which at 31[st] August 2024 comprised twenty Churches (including two Local Ecumenical Projects) and is in the Bedfordshire, Essex and Hertfordshire Methodist District. The Church is entitled to appoint two representatives to Circuit Meetings

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Objectves and Actvites

In order to achieve the principal object as stated above, the Church provided activities for its members and for the local community. Services of worship were held on Sundays usually at 9.30am. Once a month the service was preceded by breakfast in the Church commencing at 9.00am. These services were open and accessible to all. Any special services, e.g. the annual Carol Service, were advertised on the Church notice board and website (www.samcbh.org.uk ). The Church was available for weddings, funerals and baptisms.

Other activities included House-groups for study, discussion and fellowship and twice-monthly coffee mornings. As part of the ministry to the local community the premises were available at reasonable charges for community, educational, cultural and physical activity groups and for children’s birthday parties. In all its activities the Church has always had due regard to the requirements for equality and diversity.

The Trustees have complied with the duty imposed by section 4 of the Charities Act 2006 to have due regard to the guidance published by the Charity Commission in respect of public benefit and are of the opinion that during the year under review, this was met by the Church’s objectives and activities outlined above.

Review of the Year

During the period under review Church services continued each week with the exception of the second Sunday each month. This was due to the shortage of preachers within the circuit.

In September 2022 we welcomed Rev’d Joy Mayisiri as a probationary Minister. As with previous Ministers, Rev’d Mayisiri was also the Minister for Bushey and Oxhey, and Carpenters Park and South Oxhey Methodist Churches. During the year Rev’d Mayisiri successfully completed her probation and training and was ordained into full ministry in June 2024. Following her ordination Rev’d Mayisiri was assigned to Trinity Methodist Church in Watford from September 2024, at the same time relinquishing her responsibilities at St. Andrew’s. From September 2024 our worship at St. Andrew’s will be led by Rev’d Donna Fowler-Marchant, who is also the minister for Croxley Green, Berry Lane and the Scroll Methodist Churches.

In line with many other Churches the average attendances at services of worship showed a significant decline when services resumed after the Covid-19 pandemic. This is reflected in the reduction of Church members from 40 on 31[st] August 2021 to 27 on 31[st] August 2024. In the year under review attendances on a Sunday morning continued to stabilise and some new attendees were welcomed into the congregation offsetting some departures.

Community activities on the premises continue to represent an important source of income for the Church as well as representing a contribution to community life. There was a further increase in the number of children’s parties. This Church has continued to play a part in the life of the wider Church by supporting financially, and by the involvement of members of the congregation, such organisations as All We Can; Christian Aid; the Watford Peace Hospice; the Methodist World Mission Fund; Connexional Funds and a local food bank

No public appeals for funds have been made by the Church.

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Financial Review

The Church’s Accounts for the year were prepared on the Receipts and Payments basis and show a surplus of £5,488 as against a deficit of £779 in the previous year. This does not take account of the increase of £3,390 in the value of the Church’s investments. A number of factors contributed to this result. The key items were as follows:

At the end of the year the Reserves of the Church, being Unrestricted Funds, amounted to £52,800 (2023 : £43,921) including Designated Funds of £27,790 (2023: £24,400) in the form of a Contingency Reserve. There was also a Restricted Benevolence Fund of £50.

The following Reserves Policies were approved by the Trustees:-

Unrestricted Funds:

Reserves are maintained, so far as is practical, at a level sufficient to cover foreseeable requirements, having regard to the Church’s stated aims and objectives. The General Reserve, which is held in bank balances and a Central Finance Board deposit, is maintained over a period at a level

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equivalent to around 50% of normal annual expenditure. The Contingency Fund Reserve, which is held in equity investments, is to meet any significant expenditure on the property.

Restricted Funds:

The Church’s Benevolence Fund is to be maintained at a minimum of £50.

The Charity holds no Endowment Funds.

Investments in managed funds to the value of £27,790 (2023: £24,400) at the end of the year are held on behalf of the Church by the Trustees for Methodist Church Purposes who also hold the title to the Church’s property. At the end of the year this property was valued on an insured value basis, at £2,373,290 (2023: £2,304,167).

Trustees’ Responsibilites

The Trustees are responsible for preparing the Trustees’ Annual Report and the Accounts in line with Methodist custom and practice and the applicable law. The actual writing of this report was delegated to the Church Treasurer on their behalf.

The law applicable to Charities in England and Wales requires the Trustees to prepare Accounts for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of those resources for that period. In doing so, they are required to:

The Trustees are responsible for keeping proper accounting records which disclose, with reasonable accuracy at any given time, the financial position of the Charity and enable them to ensure that the Accounts comply with the Charities Act 2011 and with the Charity’s constitution. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud or other irregularities.

The Trustees have continued to conduct an ongoing risk assessment and management programme for activities held on Church premises as well as a financial risk assessment.

No Trustee has received any remuneration, benefits or expenses in their capacity as a Trustee.

Approved by the Trustees on the 14[th] November 2024 and signed on their behalf by:-

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CHURCH RECEIPTS AND PAYMENTS ACCOUNTS

THE METHODIST CHURCH

STANDARD FORM OF ACCOUNTS

ST ANDREW'S BUSHEY HEATH, METHODIST

Church

FOR THE YEAR ENDED Saturday, August 31, 2024

WEST HERTFORDSHIRE AND BORDERS
Circuit
Circuit no. 34/14
Registered Charity - Charity Registration number
1163054

If not a registered charity His 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. JOY MAYISIRI Church Stewards: MATTHEW TATTERSALL DAVID WHITEHEAD JOHN WOOD SUZANNE WOOD ANN WRIGHT

Treasurer: DAVID WHITEHEAD

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ST ANDREW'S BUSHEY Church HEATH, METHODIST

ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024

SECTION A Unrestricted
Funds
Restricted
Funds
Unrestricted
Funds
Restricted
Funds
Unrestricted
Funds
Restricted
Funds
Totals this
year
Totals this
year
£
14,724
635
11,783
15,397
42,539
19,549
905
8,086
12,494
2,284
43,318
(779)
20,350
19,571
Totals last
year
£
14,724
635
11,783
15,397
42,539
19,549
905
8,086
12,494
2,284
43,318
(779)
20,350
19,571
Totals last
year
£ £ £ £
a1 RECEIPTS Note
a2 Offerings and Tax recovered 4 14,151 14,151 14,724
a3 Bank and CFB interest and
Investment income
1,026 1,026 635
a4 Lettings 5 14,681 14,681 11,783
a5 Other receipts 6 23,271 23,271 15,397
a6 TOTAL RECEIPTS 53,129 0 **53,129 ** (a7) 42,539
SECTION B
b1 PAYMENTS
b2 Circuit Assessment or Share 20,425 20,425 19,549
b3 Donations 7 1,055 1,055 905
b4 Repairs and Maintenance 8 11,100 11,100 8,086
b5 Utilities (Insurances, water
charges, heating & lighting)
9 12,961 12,961 12,494
b6 0
b7 Otherpayments 2,100 2,100 2,284
b8 TOTAL PAYMENTS 47,641 0 **47,641 ** (b9) 43,318
5,488
SECTION C
c1 (a6-b8)
NET RECEIPTS/PAYMENTS
FOR THE YEAR
5,488 0 5,488
c2 Total funds brought forward from
last year
19,521 50 **19,571 ** (c6) 20,350
25,059
c3 Sub total
(c1+c2)
25,009 50 25,059
c4 Transfers and adjustments **0 ** (c7)
c5 TOTAL FUNDS AT END OF YEAR
(c3+c4)
25,009 50 **25,059 ** (c8) **19,571 ** (c6)

SECTION D

SECTION D
d (these amounts are not to be included in total receipts/payments figures above)
£
Balance brought forward from lastyear
10
Offerings/Gifts - received for external organisations
141
Offerings/Gifts -passed to external organisations
141
10
FOR INFORMATION ONLY: MONEY RECEIVED AND PASSED ON TO EXTERNAL ORGANISATIONS
BALANCE STILL TO BE PAID (d1+d2-d3)
£
d1 Balance brought forward from lastyear 10 10
d2 Offerings/Gifts - received for external organisations 141
d3 Offerings/Gifts -passed to external organisations 141
d4 BALANCE STILL TO BE PAID (d1+d2-d3) 10 10

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ST ANDREW'S BUSHEY HEATH, 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 2024 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

Summary of the Church accounts for the year ended 31 August 2024 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
Closingbalances
e1 0 0
e2 0 0
e3 0 0
e4 0 0
e5 0 0
e6 0 0
e7 0 0
e8 Sub total of Internal
Organisations funds
0 0 0 0 (e11) 0 (e12)
e9 Church accounts (totals
brought forward from page 2
- totals column)
**53,129 ** (a7) 47,641 (b9) 5,488 (c7) **19,571 ** (c6) 25,059 (c8)
e10 TOTAL CASH FUNDS HELD
BY CHURCH
53,129 47,641 5,488 0 19,571 (x) 25,059 (y)
Continue on a separate sheet
if necessary and bring the
totals forward
TOTAL RECEIPTS TOTAL
PAYMENTS

SECTION F

STATEMENT OF ASSETS AND LIABILITIES

STATEMENT OF ASSETS AND LIABILITIES STATEMENT OF ASSETS AND LIABILITIES
CHURCH - CASH FUNDS HELD at 31 August 2024
Cash in hand
Bank Current Account
Bank Deposit Account
Central Finance Board
Trustees for Methodist Church Purposes
Other funds
SUB TOTAL - Church accounts
TOTAL CASH FUNDS HELD BY CHURCH
Total funds held by Internal Organisations (the closing
balance total from above) (e12)
89
7,389
12,093
19,571 (c6)
0 (e11)
19,571
(x)
OPENING
BALANCES
CLOSING
BALANCES
f1 Cash in hand 84
f2 Bank Current Account 11,874
f3 Bank Deposit Account
f4 Central Finance Board 13,101
f5 Trustees for Methodist Church Purposes
f6 Other funds
f7 SUB TOTAL - Church accounts 25,059 (c8)
f8 Total funds held by Internal Organisations (the closing
balance total from above) (e12)
0 (e12)
f9 TOTAL CASH FUNDS HELD BY CHURCH 25,059 (y)
At
SECTION G At At
OTHER ASSETS and LIABILITIES
Investments(include Endowments)
Land & Buildings(see notes re Insurance value)
Other Assets
Loan(s)- show amount outstandingatyear end
Other Liabilities
1 September 2023
24,400
2,304,167
55,656
NIL
NIL
31 August 2024
g1 Investments(include Endowments) 24,400 27,790
g2 Land & Buildings(see notes re Insurance value) 2,304,167 2,373,290
g3 Other Assets 55,656 57,326
g4 Loan(s)- show amount outstandingatyear end NIL NIL
g5 Other Liabilities NIL NIL
SECTION G At At
1 September 2023 31 August 2024
OTHER ASSETS and LIABILITIES
g1 Investments(include Endowments) 24,400 27,790
g2 Land & Buildings(see notes re Insurance value) 2,304,167 2,373,290
g3 Other Assets 55,656 57,326
g4 Loan(s)- show amount outstandingatyear end NIL NIL
g5 Other Liabilities NIL NIL

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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St Andrew's Methodist Church, Bushey Heath

Notes to the Accounts for the Year ended 31st August 2024

  1. The Financial Statements have been prepared in accordance with the requirements of the Methodist Connexion using the receipts and payments basis.

  2. Investments are stated at their market value at 31st August 2024.

  3. Land and buildings and other assets, comprising Church furnishings and equipment, are shown at their current insured value.

4. Offerings and Tax Recovered
Offerings
Gift aid tax recovered (offerings and Gift Day)
5. Lettings
Dancing Classes
Zumba
Baby Sing & Sign
London Gong
Residents' Meetings
French Circle
Election Polling Station
Heath Hill Women's Club
Bushey Ladies
Parties
Pilates
HertsWise
Ukelele group
U3A Artists
Miscellaneous
6. Other Receipts
Gift Day
Donations
Coffee mornings
Legacy
Circuit and District grants for energy costs, LED lighting and pothole repairs
Council grants for Warm Spaces and Coronation
7. Donations
World Mission Fund
Property Division
Ministers Housing Fund
Auxiliary Fund
LWPT
Peace Hospice
Christian Aid
All We Can
8. Repairs and Maintenance
Repairs and renewals
Cleaning
9. Utilities
Gas
Electricity
Water
Insurance
2023/2024
£
11,415
2,736
14,151
504
1,155
2,040
0
254
420
900
1,246
504
4,840
1,082
0
528
1,008
200
14,681
3,445
2,900
1,134
5,000
10,492
300
23,271
440
50
70
30
0
175
125
165
1,055
7,600
3,500
11,100
7,928
2,475
225
2,333
12,961
2022/2023
£
9,781
4,943
14,724
510
1,482
0
48
230
358
450
995
492
4,040
1,400
198
564
916
100
11,783
3,295
462
880
0
10,080
680
15,397
455
50
70
30
50
0
100
150
905
3,631
4,455
8,086
7,626
2,248
354
2,266
12,494

The above notes form part of the Financial Statements for the year ended 31st August 2024.

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Name of Church . SL Andrv8 Bushety H•ath Mgthodt Church No 34114 Independent Examinerfs Statement I have completed my examination. I confinn that no material matters have come to my attention in connection with the examination (other than that disclosed below") which give me cause to believe that in, any matsrial respect: the accountj'nq records were not kept in accordance with section 130 of the Act; or the accounts do not accord with the ac(x>unting records. I have no concerns and have come across no other matters in connection wth the examinatj'on to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. I bwelhave not. obtained independent verification of all investments wrth 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 . Margaret Anne Canavan Relevant professional qualification of independent examiner Name of fim (where appropriate) Address 26 Ivinghoe Road, Bushey Heath Herts Post Code WD23 4SW Dats delete or circle as appropriate Standard Fomi of Accounts 2024 5of5