## **Church Accruals Accounts 2020-21** ## **THE METHODIST CHURCH** # **TEMPLATE REPORT AND ACCOUNTS (ACCRUALS BASIS) for the year ended 31 August 2021** **----- Start of picture text -----**
Totley Rise Methodist Church
Registered Charity - Registration number (if applicable) 1163403
Sheffield Circuit Circuit No 25.01.25
Minister Rev Gail Hunt
Leadership Team Margaret Stone (to May 21)
Collette Duke
Marion Heron
Lynn Capewell (appointed FY2021)
Gill Kaye (appointed FY2021)
Martin Hughes (appointed FY2021)
Phil George (appointed FY2021)
Linda George (appointed FY2021)
Nick Whitworth (appointed FY2021 and resigned August 21)
Circuit Treasurer Church Treasurer: - Nick Whitworth
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Registered Charity - Registration number (if applicable)
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## **Totley Rise Methodist Church TRUSTEES' ANNUAL REPORT** ## _**FOR THE YEAR ENDED 31 AUGUST 2021**_ ## **Introduction** We recognise this last year has continued to be difficult due to the pandemic and church life has not yet completely returned to normal. We are pleased however that many of our activities have now resumed and hirers have returned to using our premises. The leadership team have met regularly throughout the year to review our mission strategy, respond to the changes caused by Covid‐19 and to maintain our buildings. Due to a number of reasons (death, moving away, ceasing to meet) our membership has declined over this last year. However we are looking towards the future with renewed hope. A community outreach group has been set up to help make greater connections with those in the area and to partner with other groups and churches where we can. Financial giving continues to be encouraged and this provides the church with a regular income and also builds relationships with the community. During the year the church has maintain a comparable level of contribution to both the Methodist circuit and to a list of local, national and international cause as for previous years. Safeguarding remains central for the church and in accordance with the Methodist Church national policy, our safeguarding policy has been reviewed and amended in accordance with these guidelines. It was adopted by the trustees at our Church Council meeting on March 2nd. In accordance with government guidelines we continue to be aware of the risk of Covid 19 and follow government and Methodist Church guidance. During the last year, our caretaker has re‐decorated some of the rooms in the centre, however previous plans to refurbish and extend the premises continue to be put on hold. ## **Aims and organisation** At the heart of the Methodist Church is a statement called “Our calling” which states how the whole church seeks to respond to the gospel of God’s love in Christ and to live out its discipleship in Worship and Mission. This is expressed through: Worship; Learning and caring; Service; Evangelism. This is further developed here locally at Totley Rise within our mission statement which has the strapline “Gather, grow and Go.” We gather as a Christian network, seeking to grow in number and spirituality and go into the community to meet and engage with people. This is demonstrated in the practical outreach activities and social media presence, as well as the way we use and develop the use our premises to serve the community. Governance of the church is maintained via the trustees who form the Church Council and delegated responsibility for day to day activities and management is given to the leadership team. They in turn are supported by a number of committees and volunteers. To help effect our aims and objectives the church employs a caretaker and family outreach worker who are both line managed in accordance with Methodist Church guidelines. **Totley Rise Methodist Church TRUSTEES' ANNUAL REPORT** _**FOR THE YEAR ENDED 31 AUGUST 2021**_ ## **Review of the year** ## **Income trends** Collections were approximately 2.55% more than the Budget, while Gift Aid Receipts were approximately 2.04% less than the Budget. Lettings Income was 12.22% less than the Budget, a situation which was brought about by the Covid Pandemic that started in March 2020. Investment Income was 83.28% less than the Budget. ## **Expenditure trends** Maintenance of Property & Equipment was approximately 191.87% more than the £6,000 that had been included in the Budget Total Expenditure on Utilities was 39.12% less than had been included in the Budget and reflected the fact that use of the Church was affected by the Covid crisis. The fact that Income from Standing Orders and Other Donations was higher than anticipated when the Budget for 2020/21 year was put together and the fact that Utility Bills and other costs were less than was predicted in the Budget, meant that the deficit for the year was less than that anticipated when the Budget was constructed. ## **Fund balances** As at 31st August 2021 the unrestricted net current assets of the Church were £57,509, giving almost 7 months cover for unrestricted expenditure. ## **Plans for 2020/21** The Ongoing Covid crisis and the uncertainty that it creates, has made planning and producing a realistic budget for 2021/22 more challenging than would otherwise be the case in more normal times. A Budget however was put together, and approved by Church Council, which shows a deficit of £15,015. ## **Totley Rise Methodist Church** ## **Trustee’s Annual Report on Finance and Governance** ## **Basis of preparation and legal framework** 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 FRS102 Statement of Recommended Practice Full Name of Church: Totley Rise Methodist Church Registration Charity Number 116403 Date of registration 03/09/2015 Main communication address Treasurer, Totley Rise Methodist Church, 1 Grove Road, Baslow Road, Sheffield S17 4DJ The members of the Totley Rise Methodist Church meeting are the Charity Trustees , membership being made up of church office holders, Minister and representatives appointed by the church at the Annual general Meeting. Full list of Church Council members and key lay employees are shown as Appendix A to this report. Treasurer: Mr N Whitworth _Mr N Whitworth_ acted as the principal officer overseeing the day to day financial management and accounting for the hurch during the year. Independent examiner _Matthew Howe FCA, 212a Bocking Lane, Greenhill Sheffield S8 7BP_ Investment Bankers Central Finance Board of the Methodist Church Trustees for Methodist Church purposes **Totley Rise Methodist Church** ## **Risk Management** The major risks have been identified and recorded by the Trustees with professional advice taken as required. There is a regular annual review process undertaken and recorded. Income and Expenditure is being monitored in total and is compared with the approved annual budget on a half yearly basis to detect trends as part of the risk management process to avoid unforeseen calls on reserves. ## **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 Totley Rise Methodist Church commits itself to ensuring the implementation of Connexional Safeguarding Policy; government legislation, guidance and safe practice in the circuit and in the churches. Totley Rise Methodist Church commits itself to 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. ## **Reserves Policy** The Reserves Policy for the Church is to hold a minimum sum equivalent to three months’ average expenditure. This should be sufficient to meet any unforeseen item of major expenditure on the church building and / or to be able to continue, in the short term, funding planned activities in the event of any inability to raise the full expenses including the assessment payable to the Circuit. |**Name of Church**
**Totley Rise Methodist Church**
**Number**
**1163403**
**Statement of Financial Activities(SOFA) for theyear ended 31 August 2021**|**Name of Church**
**Totley Rise Methodist Church**
**Number**
**1163403**
**Statement of Financial Activities(SOFA) for theyear ended 31 August 2021**|**Name of Church**
**Totley Rise Methodist Church**
**Number**
**1163403**
**Statement of Financial Activities(SOFA) for theyear ended 31 August 2021**|**Name of Church**
**Totley Rise Methodist Church**
**Number**
**1163403**
**Statement of Financial Activities(SOFA) for theyear ended 31 August 2021**|**Name of Church**
**Totley Rise Methodist Church**
**Number**
**1163403**
**Statement of Financial Activities(SOFA) for theyear ended 31 August 2021**|**Name of Church**
**Totley Rise Methodist Church**
**Number**
**1163403**
**Statement of Financial Activities(SOFA) for theyear ended 31 August 2021**|**Name of Church**
**Totley Rise Methodist Church**
**Number**
**1163403**
**Statement of Financial Activities(SOFA) for theyear ended 31 August 2021**| |---|---|---|---|---|---|---| ||**Notes to the**
**accounts**|**Unrestricted**
**funds**|**Restricted Funds**|**Endowment**
**Funds**|**Total**
**2020 ‐21**|**Total**
**2019‐20**| |||£|£|£|£|£| |**Incoming Resources**||||||| |Donations and legacies|4|**88,765**|**2,351**||**91,116**|**98,051**| |‐ Collections and tax credit||86,256|1,346||87,602|94,563| |‐ Donations||2,509|1,005||3,514|3,488| |‐ Legacies|||||‐|‐| |Charitable activities|5|**‐**|**5,302**||**5,302**|**12,546**| |‐ Fund raising‐ FamilyOutreach Project||‐|5,302||5,302|6,326| |‐ Others||‐|‐||‐|6,220| |Other tradingactivities|6|**8,464**|**‐**||**8,464**|**11,500**| |‐ Lettings||8,464|‐||8,464|11,500| |‐ Miscellaneous||‐|‐||‐|‐| |Investments|7|**140**|**‐**||**140**|**839**| |Other|8|**‐**|**‐**||**‐**|**10**| |‐ Internal organisations||**‐**|‐||‐|‐| |‐ Miscellaneous||‐|‐||‐|10| |**Total**||**97,369**|**7,653**|**‐**|**105,022**|**122,946**| |**Resources Expended**||||||| |Salaries,NIC & Pension costs|11|11,378|7,543||18,921|21,915| |Circuit Assessment||70,614|‐||70,614|71,489| |Maintenance on Church building(s)andproperty||2,880|18,723||21,603|31,387| |Telephone and Travel||‐|‐||‐|744| |Utilities(insurance,heat and light,water,etc)||10,276|‐||10,276|10,589| |Expenditure on otherproperty||‐|‐||‐|32,525| |Depreciation|12||||‐|‐| |Internal organisations|||||‐|192| |Grants and Donations||5,721|‐||5,721|5,950| |Other expenditure||2,630|50||2,680|6,601| |**Total**||**103,499**|**26,316**|**‐**|**129,815**|**181,392**| |||||||| |**Net income/(expenditure)**||**6,130**
**‐**|**18,663**
**‐**|**‐**|**24,793**
**‐**|**58,446**
**‐**| |**Transfers between funds**||||||| |||6,130
‐|18,663
‐|‐|24,793
‐|58,446
‐| |**Other recognisedgains/ (losses):**||||||| |Gains/(Losses)on revaluation of fixed assets|||||‐|| |Gains/(Losses)on investment assets|||||‐|‐| |Actuarial gains /(losses) on defined benefit pension
schemes|||||‐|| |**Net movement in funds**||6,130
‐|18,663
‐|‐|24,793
‐|58,446
‐| |**Reconciliation of funds:**||||||| |**Prioryear adjustment**|||||**‐**|**‐**| |Total funds brought forward||63,639|58,368|1,483|123,490|181,936| |**Total funds carried forward**||**57,509**|**39,705**|**1,483**|**98,697**|**123,490**| |**Notes**
**Tangible Fixed Assets***|**Notes**
**Tangible Fixed Assets***|**Balance Sheet as at 31 August 2021**|**Balance Sheet as at 31 August 2021**|**Balance Sheet as at 31 August 2021**|**Totley Rise Methodist**|**Totley Rise Methodist**|**Totley Rise Methodist**|**Church**| |---|---|---|---|---|---|---|---|---| ||||||**Endowment Funds**
**Totals this year**
**£**
**£**
‐
‐
‐
‐
‐
‐
7,027
16,962
1,483
1,483
87,850
‐
1,483
113,322
14,625
1,483
98,697|||| |||**Unrestricted**
**£**|**Designated**
**(Unrestricted)**|**Restricted**
**£**|**Endowment Funds**
**£**|**Totals this year**
**£**||**Totals last year**
**£**| |||||||||| |Land & Buildings|12|||||‐||‐| |Equipment|12|||||‐||‐| |Investmentproperties|13|||||‐||‐| |Investments|13|||||‐||‐| |**_Totalfixed assets_**||‐|‐|‐|‐|‐||‐| |**Current Assets**||||||||| |Debtors and Prepayments|14|7,027||||7,027||30,433| |Cash at Bank and in hand|14|15,278||1,684||16,962||14,915| |Trustees for Methodist Church Purposes
deposits|14||||1,483|1,483||1,483| |Central Finance Board Deposits|14|35,882||51,968||87,850||78,549| |Other||||||‐||‐| |**_Total current assets_**||58,187|‐|53,652|1,483|113,322||125,380| |**Creditors and Accruals(due in under 1yr)**|15|678||13,947||14,625||1,889| |**Net current assets(liabilities)**||57,509|‐|39,705|1,483|98,697||123,491| |**_Total assets less current liabilities_**||57,509|‐|39,705|1,483|98,697||123,491| ||||||‐
‐|||| |**Loans and creditors due after 1year**|17|||||‐||| |Provisions for liabilities and charges Family
O/R Proj|17|||||‐||‐| |||||||||| |**_Net assets_**||57,509|‐|39,705|1,483|98,697||123,491| |**Funds of the Church**
18|||||57,509
39,705
1,483
1,483
1,483
98,697|||| |Unrestricted funds||57,509||||57,509||63,639| |Restricted funds||||39,705||39,705||58,368| |Endowment funds|||||1,483|1,483||1,483| |**_Total Funds_**|18|57,509|‐|39,705|1,483|98,697||123,490| |*Details ‐ see Note 12||||||||| |Internal Organisations||Opening balance|Receipts|Payments|Net Receipts/
Payments|Adjustments||Closing
balances| |Youth Church||‐|||‐|||‐| |Luncheon Club||3,713||115|115
‐|||3,598| ||||||‐|||‐| ||||||‐|||‐| ||||||‐|||‐| ||||||‐|||‐| ||||||‐|||‐| ||||||‐|||‐| |Total||3,713|‐|115|115
‐|‐||3,598| |||||||||| ||||Total Receipts|Total Payments||||| Continue on a separate sheet if necessary and bring the totals forward. Transfer Totals of Receipts and Payments to the SOFA **Totley Rise Methodist Church** ## **Notes to the Accounts** ## **1. Basis of accounting** The financial statements have been prepared under the Charities Act 2011 in accordance with FRS102 Statement of Recommended Practice (SORP) applicable to charities. ## **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. There are also the following Endowment funds as listed. Details of each material fund are disclosed in note 16 . Any funds may be represented by more than just cash. ## **3. Accounting policies** ## **Basis** These accounts have been prepared on the basis of historical cost 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 resources, and the trustees are reasonably certain they will receive the resources; and the monetary value can be measured with sufficient reliability. ## **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. ## **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. The freehold property is disclosed at the most recent insurance valuation and revalued on a regular basis. Changes on revaluation are disclosed in the SoFA ## **Investment Properties** Investment properties ‐ no property is currently deemed to not 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. ## **Debtors and Prepayments** Debtors include outstanding lettings invoices in August. ## **Creditors** Creditors include outstandings relating to utilities, telephones, etc in August. |**4. Donations and legacies**
Collections
Tax credits
Donations
Legacies
**Total**
**5. Charitable activities**
Fund raising
Other
**Total**
**6. Other trading activities**
Rental income
Other
**Total**
**7. Investment income**
Central Finance Board
**Total**
**8. Other**
Internal Organisations
Other
**Total**|**Totley Rise Methodist Church**| |---|---| ||**Unrestricted**
**Restricted**
**2021**
**Total**
**2020**
**Total**
£
£
**£**
**£**
71,562
71,562
72,163
14,694
1,346
16,040
22,400
2,509
1,005
3,514
3,488
‐
‐| ||88,765
2,351
91,116
98,051
**Unrestricted**
**Restricted**
**2021**
**Total**
**2020**
**Total**
£
£
**£**
**£**
‐
5,302
5,302
6,326
‐
‐
‐
6,220| ||‐
5,302
5,302
12,546
**Unrestricted**
**Restricted**
**2021**
**Total**
**2020**
**Total**
£
£
**£**
**£**
8,464
8,464
11,500
‐
‐| ||8,464
‐
8,464
11,500
**Unrestricted**
**Restricted**
**2021**
**Total**
**2020**
**Total**
£
£
**£**
**£**
140
140
839| ||140
‐
140
839
**Unrestricted**
**Restricted**
**2021**
**Total**
**2020**
**Total**
£
£
**£**
**£**
‐
‐
‐
10| ||‐
‐
‐
10| ## **Totley Rise Methodist Church** ## **9. Payment to Trustees** |**9 Pament to Trustees**
**Totley Rise Methodist Church**||| |---|---|---| |£
Number of trustees who were paid expenses
Nature of the expenses
Total amount paid
£
£
**10. Fees for examination or audit of the accounts**
**. y**
Payments made to trustees for additional services provided to the Church by agreement with the
Church Council Meeting
£
Independent examiner’s or auditors' fees for reporting on the accounts
Other fees (eg: advice, accountancy services) paid to the independent examiner or auditor
If there are no payments to Trustees, please record no expenses were paid.|**This year**
480|**Last year**| |||| |||| |||| |||| |||| |||| ||480|480| |||| |**Staff Costs paid during the year were:**
Gross wages, salaries and benefits in kind
Employer’s National Insurance costs
Pension costs
Total staff costs
**Average number of staff employeed during the year were:**
£
£
£
£
**11. Paid employees**|17,797
415
709
18,921
2|| |---|---|---| |||20,847| |||381| |||687| |||21,915| |||| ||2|2| **Totley Rise Methodist Church** ## **12. Tangible Fixed Assets** Cost or valuation |**12. Tangible Fixed Assets**
Cost or valuation|||||||| |---|---|---|---|---|---|---|---| ||**Church (non**
**investment)**
**land and**
**buildings**
**£**|**Other non**
**investment land**
**and buildings**
**£**|**Investment**
**properties (land**
**and buildings)**
**£**|**Other fixed**
**assets including**
**motor vehicles**
**£**|**Fixtures, fittings**
**and equipment**
**£**|**Payments on**
**account and**
**assets under**
**construction**
**£**|**Total**
**£**| |**Balance brought forward**|1,491,734|1,513,275|||150,789||3,155,798| |Additions|||||||| |Revaluations(+/‐)|108,908|324,284|||11,009||444,201| |Disposals(‐)|||||||| |Transfers *(+/‐)|||||||| |Balance carried forward|1,600,642|1,837,559|||161,798||3,599,999| |**Accumulated depreciation**|**Accumulated depreciation**|**Accumulated depreciation**|**Accumulated depreciation**|**Accumulated depreciation**|**Accumulated depreciation**|**Accumulated depreciation**|**Accumulated depreciation**| |---|---|---|---|---|---|---|---| |Balance brought forward|||||||| |Depreciation charge foryear(‐)|||||||| |Revaluations(+/‐)|||||||| |Disposals(‐)|||||||| |Transfers*(+/‐)|||||||| |**Balance carried forward**|||||||| |**Net book value**|||||||| |Brought forward|1,491,734|1,513,275|‐|‐|150,789||3,155,798| |Carried forward|1,600,642|1,837,559|‐|‐|161,798||3,599,999| The above figures are the valuations provided for insurance purposes. The valuation has previously been included as a carrying value in these church accounts, however the property is not owned by Totley Methodist Church. As a result the carrying value of the property as outlined above is not included in the balance sheet and these figures are provided for disclosure purposes only. * The "transfers" row is for movements between fixed asset categories. ** Indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also indicate the rate of depreciation: for straight line, depreciation is based on the anticipated life of the asset (in years); for reducing balance, a percentage annual deduction is made each year. **Totley Rise Methodist Church** ## **13. Investments** The funds that support the various funds are held by TMCP in Trustees Interest Funds on which interest is credited to the accounts each month. These are regarded as medium and long term investments. TMCP is the legal owner and Custodian Trustee of all Methodist Model Trust property, including Legacies, Endowments and Accumulated Funds. Trust property is held for and on behalf of local Managing Trustees who are responsible for the day to day management of trust property. TMCP ensure that, through providing guidance and acting under their direction, the Managing Trustees comply with charity law and Methodist law and polity as determined by the Methodist Conference. ## **Analysis of investment movements** **This year Prev year** |**£**
**£**
**Change in investment values**|**£**
**£**
**Change in investment values**|**£**
**£**
**Change in investment values**| |---|---|---| |Carrying (market)value at beginningofyear||| |**Add:**additions to investments at cost||| |**Less:**disposals at carryingvalue||| |**N**etgain/(loss)on revaluation||| |Carrying (market)value at end ofyear||| **14. Analysis of current assets** **This year Last year** **Debtors and prepayments** Pre paid assessments Accrued income Other debtors **Total debtors and prepayments Analysis of cash at bank** Bank balance held in Central Deposit Fund HSBC Bank balance held in HSBC General Fund Bank balance held in HSBC Benevolent Fund TMCP Petty Cash **Total Cash and Bank** |**£**
5884
1143
7,027|**£**| |---|---| |5884|29291| ||| |1143|1142| |7,027|30,433| |87,850||78,548| |---|---|---| |15,183||13,180| |1,684||1,684| |1,483||1,483| |95||50| |106,296||94,946| ## **15. Analysis of current liabilities and short term creditors** |Trade Creditors
Other Creditors
**Total Current Liabilities**|13,947||876| |---|---|---|---| ||678||1,013| ||14,625||1,889| ## **16. Capital commitments and contingent liabilities** At the 31st August 2021 the Church has no capital commitments. No Contingent liabilities were identified at 31st August 2021. **Totley Rise Methodist Church** ## **17. Loans and creditors due after one year** |**Loans**|||||| |---|---|---|---|---|---| |**Source**|**Amount brought**
**forward**
**£**|

**New**
**borrowings**
**£**|
**Loan interest**
**£**|
**Repayable in**
**the year £**|**Balance at**
**year end**
**£**| ||||||| ||||||| ||||||| ||||||| |**Repayment due**|||||| ||||||Totals| |Due within 12 months|||||| |Due after more than 12 months|||||| |Total|||||| ## **Purpose of loans** ## **Creditors due after one year** |**Name of creditor**|**Amount on 31‐**
**Aug‐2021**|
**Amount on 31‐**
**Aug‐2020**| |---|---|---| |||| |||| |||| |||| |||| |**Total**||| ## **Totley Rise Methodist Church** ## **18. Detailed analysis of individual fund movements** ## **Unrestricted Funds** |**Unrestricted Funds**||||||| |---|---|---|---|---|---|---| |**Fund Name**|**Opening**
**Balance**|**Income**|**Expenditure**|**Transfers**|**Revaluation**
**gains/losses**|**Closing Balance**| |||||||| |||||||| |||||||| |||||||| |Totals||||||| ## **Restricted Funds** |**Restricted Funds**||||||| |---|---|---|---|---|---|---| |**Fund Name**|**Opening**
**Balance**|**Income**|**Expenditure**|**Transfers**|**Prior year**
**adjustment**|**Closing Balance**| |Benevolent fund|1,684|||||1,684| |Fam.O/R Project|29,094|6,648|(7,543)|||28,199| |Bread4Life Project|2|||||2| |Focus Special Needs Svces|1,167|120|(50)|||1,237| |Quiet Garden Projects|134|755|(755)|||134| |Mission Building|18,357|10|(13,947)|||4,420| |Mutual Blessing|245|||||245| |Pushchair Club|171|||||171| |MBSound andVision|7,514|120|(4,021)|||3,613| |Totals|58,368|7,653|(26,316)|||39,705| ## **Endowment Funds** |**Endowment Funds**||||||| |---|---|---|---|---|---|---| |**Restricted Fund Name**|**Opening**
**Balance**|**Income**|**Expenditure**|**Transfers**|**Revaluation**
**gains/losses**|**Closing Balance**| |TMCP deposits|1,483|||||1,483| |||||||| |||||||| |||||||| |||||||| |Totals|1,483|||||1,483| ## Fund purposes **Family Outreach project** was fundraising for the hire of a Childrens and Family Worker, who is still employed by the church after 5 years and the fund is still actively receiving donations **The Bread for Life Project** is an ongoing outreach to a local housing project where our church members go once a week and teach bread making and soup making to the residents in a block of flats A couple in the church run a **Focus Services** for people with Learning Disabilities. A Number of donations have been received over the years towards our projects to create and develop our **Quiet Garden** ‐ this is an ongoing project and is open to the local community for rest and relaxation. The **Riverbank Project** was undertaken to preserve the river bank adjacent to the church to ward off erosion issues. **MB Sound and Vision** is a project to improve the existing sound system. The **Mission Building** fund was set up to review redevelopment options for the consideration of the church. ## **Totley Rise Methodist Church** ## **19. Related party transactions** ## **This year** |**Thisyear**||||||| |---|---|---|---|---|---|---| |**Name of related**
**party**|**Relationship**|**Description**
**of transaction**|**Income from**
**related party**
**during the**
**year**|**Payments to**
**related party**
**during the**
**year**|**Loans to /**
**(from) related**
**party during**
**the year**|**Amounts owed by /**
**(to) related party as**
**on 31‐Aug‐2020**| ||||**£**|**£**|**£**|**£**| |JMA||||||| |Methodist Church
Fund||||||| |Mission in Britain
Fund||||550||| |Homes for the
Aged||||200||| |Fund for Property||||100||| |World Mission
Fund||||601||| |||||||| |||||||| |**Total**|||**0**|**1,451**|**0**|**0**| |**Lastyear**||||||| |**Name of related**
**party**|**Relationship**|**Description**
**of transaction**|**Income from**
**related party**
**during the**
**year**|**Payments to**
**related party**
**during the**
**year**|**Loans to /**
**(from) related**
**party during**
**the year**|**Amounts owed by /**
**(to) related party as**
**on 31‐Aug‐2019**| ||||**£**|**£**|**£**|**£**| |JMA||||||| |Methodist Church
Fund||||1,050||| |Mission in Britain
Fund||||||| |Fund for Support of
Presbyters &
Deacons||||||| |Fund for Property||||100||| |World Mission
Fund||||516||| |||||||| |||||||| |**Total**|||**0**|**1,666**|**0**|**0**| **Totley Rise Methodist Church** Appendix A CHURCH COUNCIL MEMBERSHIP & KEY LAY WORKERS MINISTER(S) Rev Gail Hunt LAY EMPLOYEES Rachel Wilson Children & Family Worker Dean Duke Church Caretaker LEADERSHIP TEAM (previously CHURCH STEWARDS) Margaret Stone (to May 21) Collette Duke Marion Heron Lynn Capewell (appointed FY2021) Gill Kaye (appointed FY2021) Martin Hughes (appointed FY2021) Phil George (appointed FY2021) Linda George (appointed FY2021) Nick Whitworth (appointed FY2021 and resigned August 21) CHURCH TREASURER Nick Whitworth CHURCH SAFEGUARDING CO‐ORDINATOR Gill Kaye CHURCH REPRESENTATIVES (OTHER MEMBERS OF THE CHURCH COUNCIL) Linda George (Secretary) 1 John Freeman 2 Gill Kaye 3 Susie Slade 4 Lynne Capewell 5 John Lashmar 6 Barbara Harvey 7 Linda Wareham 8 John Stone 9 Viv Thomas 10 Anne Wiles 11 Gwilym Pryce 12 Paul Thomas 13 Linda George DECLARATIONS l tr)Trlmi that I h8¥e rxepargd tho •I￿unIS fmm tho rnc4JrdB ofthw and tho1 In¢lud• all fur#* urnlgr Ih conlNA ofthe Churth Cound. Pr••0￿0￿ to th• Clwrth Coun¢ll M••tlng for •ppYovaL I r*Krflrm th41 th• A¢￿unts wore. orwll b•.we&enknl to thg Chwth CourKII Mfjollng on and ￿1* •pprov•d. sfsJ AfEIL >SA N•n• of th• Chdrof th• Rov Gall Hunt Ind•pond•nt Examln•Vs R•port to th• Tn￿t•ts ofth• ThIB Rowt l• on th• Church pu￿ntsfor1￿ ye•r•nd•d 31° A￿U0¢ R••poctlve r••pon•lblllllo• of Tn*t•M and Examlnor bB nKwlrad frrf yow und•r S•¢Oon 144 Ofthfr CharMB8 Acl 2011 (rho Chrftlas A(IlakxI Ihal an It18 my kn: •ywnlM the acC￿nts ¥oralon 145 ofth8 CharfO•• Act 2011; 1445Xb>oftr* ch•rtu￿ •¢ •Thl Totley Rlse Methodbt thurth Basis of Inde￿nd￿nt Examingr's Report My examination was carried OLrt in accordan￿ with the general Directsons given by the Charity ComrnissKJn. An ex8mination includes a rewew ol th& accounting reo)rds kept by the charity and a comparison ofthe accounts prèsèfttéd with those records. It also includes consideration ol any unusual items or disdosurgs in the accounts, arpd seeking explanations frtrn you as Trustees conce¥nirtg any such matters. The prO￿d￿reS undertakefi do not provid8 all the evkYerKe that woukj bo Igquired in an audit and consequenly no opIn￿n 18 given as to whather the accounts present a°tnJ8 and fair view. aThJ thè report is limited 19 th￿ matters set out in the staternent b&k)w. Independent Examiner's Statement In connection with my examination, no matter has come lo my attention.. which gives mg reasonable cause lo believe th81 in any material respect the rgquirements.. . to keep xeounting records in accordance with Secbon 130 of the Charities Act 2011. . to prepare accounts whieh accord wth the &counling records and compty with the accounting requirements of the Charf(ies Act have not been met,. or 121 to whieh, in my opin￿n. attention should b? drawn in order to enable a proper understanding of the accounts to be r8xhed. Name Matthew Howe, BA FCA Signature Relevant Professional qualifi¢ation or b¢xi FCA Address 212a Bocking Lane. Greenhill, Sheffield S8 7BP Date