Church Accruals Accounts 2024-25 THE METHODIST CHURCH TEMPLATE REPORT AND ACCOUNTS (ACCRUALS BASIS) for the year endèd 31 August 2025 Totley Rise Methodlst Church Regi$tgrgd Charlty- Rogl$tratlon number lif *ppli¢ablg 1163403 Sheffield Circuit Circuit No 250125 Mini8ter Rev Phill Borkett Leadernhlp Toam Collette Duke (Resigned May 20251 Anne Wiles Lynn Capewell Phll George Linda George Linda Wareharn Penny Borkett Sue Freemèn (Appolnted October 20241 ch￿￿h Tre•8urer Churth Trea8urer'.- Nick Whthrlh Totley Rlse Methodlst Church TRUSTEES. ANNUAL REPORT FOR ThIE YEAR ENDED 31 AUGusf2025 Introduction During the year in wide consultatlon wlth church members and the community we have developed a new mi55ion plan. At its heart 15 the summary 5tatement'Rooted in Christ- Serving in Community,. The plan sets out seven areas for growth focussing on our aspiration to be a community that places Chrlstian worship at Its heart, and from this seeks to serve the local and wider communitbes and to demonstrate care for the environment. Prartical outworking of thss plan ha5 Included widening our approach to worship across the week, building on the welcome warm spaces rop-in by offering sustainable Just Meals to the communty, and enhancing our quiet garden. ChIld￿n,5 and family work tontinues to be a priorf(y. and wè have seen growth in midweek work with toddlers and caiers. The outdoor church meet twice monthly on Sunday mornings and with the traditional congregation from time to time. They have been pursuing a programme of exploring the Christian message thTQU8h engaging with creation. Aims and organlsatlon Totley Rise Methodist Church Is governed by a church council, meeting as trustees who delegate day to day matters to a leadership team and resources commrttee. The church 15 part of the Methodist Church in England and Wales whose work is summed up in the statement 'our calling, which states how the whole church seeks to ￿Spond to the gospel of God's love in Christ and to live out its discipleship in Worshlp, Misslon and Service. We are connected locally to the Sheffield Circuit to whom an annual assessment is paid in order to support ministry in this church and beyond. To help effett our aims, the church employs a caretaker who is line managed in accordance wtth Methodlst Church guidelines. Totley Rtse Methodlst Churth TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED31 AUGUST2ff25 Review ofthe year Income trends Collections were 3.IS% more than the Budget, while Gift Aid Receipts were 3.99% more than the Budget. Lettings Income was 33.67% more than the Budget while Bank Interest Re￿iVed was 97.43% more than the Budget, a situation that was brought about by the receipt of a donation of £IOO,000 from 2 members of the Congregation in December 2024. nditure trends Maintenance of Property & Equipment was approxlmately 213.74% more than the £6,000 that had been included in the Budget, although a significant proportion of this was covered by a donation from a Church member. Total Expenditure on Utilities was 4.99% more than had been included in the Budget, with Gas costs being 29.13% less than the amount included in the budget and Electricity costs being 72.6% more than had been provided for In the budget. HiBhei than anticipated Collection & Lettings Income and Bank Interest Received, all meant that a higher surplus was recorded for the year ended 31st August 2025, compared to that which had been anticipated when the budget was produced. Fund balances As at 31st August 2025 the unrestricted net cUr￿nt a55ets of the Church were £9,354. Plans for 2025 The contlnued uncertainty surroundln8 future Income levels, both that from Colle¢tions & Letting5• togethei wlth uncertainties surrounding future Gas & Electricity costs, has made planning and producing a realistic budget for the 2025126 year more challenging than would otherwlse be the case. A Budget however was put together, approved bv Church Council, which show5 a defictt of £5,551. 26 Totley Rlse Methodlst Church Trustegs Annual Report on Flnance and Go¥eMance Basls of pyeparatlon and legal framew¢rk The Charity's annual report and accounts for the year ended 31 August 2025 have been prepared in accordance with the Charitie5 Act 2011 and FRS102 Statement of Recommended Prartlce Full Name of Church- Totley Rise Methodist Church Registration Charrty Number 116403 Date of registration 0310912015 Main communication address Treasurer, Totley Rise Methodist Church, l Grove Road, Baslow Road, Sheffield S17 4DJ The members of the Totley Rise Methodist Church meeting are the Charlty 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 managemènt and accounting for the hurch during the year. Independent examlner Matthew Howe FIX 2120 Bocking Lane, Greenhlll Sheffield $8 78P Investment Bankers Central Finance Board of the Methodist Church Trustees for Methodist Church purposes Totley Rlse Methodist Churth Risk Management The major risks have been identified and recorded by the Trustees with professional advice taken as required. There is 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. SafeEuardlng It is the Methodist Church's intention to volue every humon being os port of God s creotion and the whole people of God. At the het7rt of the Methodist community is o deep sense of the place of welcome, hospitality ond openness. which demonstrote5 the nature of God's groce ond lovefor oll. Our church communities ore colled to be places where the transformationol love of God is embodied ond lift in all its fullne￿ is (J gift. which is offered to oll people. Safeguording is obout the oction the Church toke5 to promote a safer culture. Thi5 means we will.. promote the wettare of children, young people ondodults work to prevent obusefrom occurring seek toprotett and respond well to those thot have been obused. We are committed to: the care and nurture of, and respectful pastoral ministry with, all thildren. 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 lovin8 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 ￿CordS checks through the Disclosure and Barring Service IDBSI. We will respond without delay to every complaint made which suggests that a child, young person or adult may have been harmed, working in partnership with the police and social services in any investigation. We will seek to work with anyone who has suffered abuse, developin8 Wlth them an appropriate ministry of infomled pastoral care. We wlll seek to challenge any abuse of power, especially by anyone In a posltion of trust. Working with the Church Safeguarding Officer, we will support risk assessment of those who present a safeguarding risk within a church environment. We will ensure appropriate pastoral care is offered and measures are taken to address identified risks including referral to statutory agencies, suspension and the use of safeguarding contracts. • In all these prlnciples we will follow legislation, guidance and recognised good practice Re5eryes Pollcy 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 unforeseèn item of major expenditure on the church building and l 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. NamEofa￿r￿h TotleyR*eM¢ihodlA(hurth 1163403 StatemeniofFln4tK&I ArtW•¥1SQF forihl ar￿d￿ 31 U51 ZD25 Totsl 2024.25 Totsl Inwrnw¥lle50uKe5 Donatlonsand legade5 Cdlecr10rn5 andtax(redlt iJg0 20¥574 83W37 76A64 179 76,64 71.611 DonatiOll5 3.720 121 Ll 124,931 11,426 Charltable advitlès 4￿19 4.519 Fund rabing- Farni -others Outreach Pro 433 433 Othertradln actfvStyes 19.782 19,782 15.1>40 Lettin 19,782 19.782 15 - MIscella￿￿5 InvestmÈDts 4A37 4￿7 2,985 Other 5.843 Internal or8anlsatbn5 Mlscellaneous 5,843 S,¥A3 Total 110,646 121,823 232,469 I05.581 Resourtts Salaries, NIC & Penslon costs li 16.012 G,951 22.963 27,043 Clrcuit Asses5rnent ss,ocy) 55,(X M3inten3ntt on Chur9217 2.181 P4etlncomelleyndiiurel Tranrfers beli%￿lfu￿ds JOZW4 9,442 102.6 93.252 56,6Q0 OthetrewgTr15ed Éalnslll¢ssesJ.' G?InsllLossesl On revaluationof flxed assers Galn511Lossesl on In￿stMent a55ets Attuarial 8aln511lossesl on dèfined benefit peTr￿0n hemes Net movement infunds gA42 102.694 93,252 Re¢ofyt4htlon of funds.. Prfor adlusimerrt Totsl funds broL¥ht forwatd Totsifi￿$Ufr1ed foThYa 19.896 36,68S S8.064 114,664 ION54 I39￿7￿ 15¥316 Rtsemeihoth Churth glwceSheetas•t JI*JJiu5tlOZ5 E￿￿Wm￿I1t ￿J￿d$ Totsisthlsyoav Totsb Li#￿r {tlnrestrxted Land & 8uilJin85 Equipment InvE5tFhÈnt 12 13 13 Invp5tment5 ToiOJfvedf￿ets CuriertAs** Debtorsand Prepayments Cash at Bankand In hand 14 6,(r45 71 6.(BS 5.946 6.216 5.283 14 5%75 Tyusteesfor Mtknd15tCthurch PutPU5e5 depoths Central Flnan*goard Dew5it5 Other 14 14 L483 1,483 138.540 1,483 45.936 5.036 3,504 11,202 139,379 1,483 152. 58.918 c￿ed￿OIs>￿d A￿￿1$(dUt￿ und2rl>Y) Is 748 748 8S4 NetULtteht*15ets Ill•bl￿e$ 10.454 139,379 151,316 10.454 L39.379 L483 151,316 58. ioans•rl dueafterl￿al Provtslons for U•bilth$ tharges Famlly OIR Proj 17 17 10,454 139,379 151.316 58,064 Fundso+the(hurch un[estrf￿e0f￿ndS IOA54 10.454 139.379 1,483 151,316 19.896 36.685 1,483 58,064 Resirictedfunds EndllwrtEllifunds 139,379 18 ID,454 139,379 1.483 'Detalts. see NDte12 OpÈniDs baLin Receims PèymeDts Re￿Ipts/ Payments Adlusbm*ttS 005ing Ihtsm?IOrDntsatlor TRMC Food Hub 159 Totsi 169 169 Totsi pèyments [￿rtI￿jean a%tyat¥tesh*rfne£essaryand biin8thetotslsloThw*. Trdr6tèrT0ts15 offte<￿pts 1ndpa￿￿nts10tt￿S0FA Totley Rise Meihodlst Church Notes to the Accounts l. Basis of accounting The finarKial staterner￿ have been p￿paTed underthe Charrtles Art 2011 In accordance wth FRS102 Ststernentof Recommended Practfi￿ ISORPI appll¢ableio ¢harffjes. 2. Funds The funds held ¢ortstitute'. General Funds heldfor any purpose of the Church which are UnresrrfrtÈd. Restslcted funds whlch are held for a narrower puwe includingth05e for internal organisations. There are also the following Endowment funds ¥$ listed. Detalls of each material ftjnd are dlsclosed In note 16. Any funds may be represented by mNe than lust c35 3. Accounting pollcles Basis These accounts have been prepared on the basis of historit81 costexcept that investments are shown at thelr marketvalue at the end of the year, on the accrijals b45i5 to Show a true laSrvlew of the Church s flnanclal posltion and ￿1VItIe In￿me Income is included in the Statement of Flnanclal Attl￿tIeS ISOFAI when the Church becomes entitled to the resources. and the trusteesare reasC￿abty certaln they ￿11 re¢eivethe re50urtrs' and the monetary value can be m¢asured sufficient reliability. Expenditure This is reco8nised when a liability it incurred, ora constructfve obligation arises. that restslts in the paymefftt ￿1￿& unttvoidab￿. Liabilities are recognised as soon as an outhowof economic benefit Is consldered more fiketythan not undÈr ihe legal tsr tonstru¢tive obligation ¢ornrnittingthe fjrcultto pay out resources. Grants Grants made bythe Chvrchfrom It5 own funds are recognised in fvll attlE tlrne of a8reementorwhen the Church accepts thatthere is a le￿1 or operatlonal obll8atlotsto mokethe payment. When the 8rar*t is ￿¢￿Tren* (wer more than gne yeaf the balance payable In future years Is as a provlsion forfvture commitments in the Balance Sheetagalnst the appropriate lund the provi5i0n being released In future years* In￿81[￿entS are paiil Sn accordan￿ ￿th the otfjglnally agreed terms. VAT the Church is notVAT reg15tered, 311 InputVATls charged wlth the experw to whlch rt refers. Tanglble Ilxed assets for use by the Church These are capitalised If they can be used for rnorethan oneyear. and Indlvldually c05t at ￿aSt£l,00ts. The freehold property is dlxlosed at the rn05t recent Insurance valuation and revalued on a regular basfjs. Changeson revaluation aredi5c105ed In the SOFA Investment Properties Investment properties- no propertyls currendy deemed to Mt ￿ held for the len8temi purp05e5 of the charlry- In%*stments Inve5tment5 are valued In the balance sheet at marketvalue at theyear end. In¥￿$tment Incoft* ts intluded in the accountswhen reeeDiable and any galns or losse5 on revaluation atthe yearend are shown in the SOF Totley Rise Methodlst Churth Donations and legacies Unrestrkted Restrltted 2025 Totsl 2024 Totsl Collections Tax credits Donations Legacies Total 62,945 13,519 3,720 179 63,124 13,519 124.931 59.576 12,035 11.426 121,211 80,184 121.390 201,574 83,037 2025 Total 2024 Total 5. Charitable actlvltles Unrestrlrted Restrirted Fund r3i5ing Other Total 433 433 4,519 433 433 4,519 2025 Totsl 2024 Total 6. Other trading activities Unrestricted Restricted Rental income Other Totsl 19.782 19.782 15,040 19.782 19.782 15,040 2025 Totsl 2024 Total 7. Investment Income Unrestrlcted Restrlcted Central Finance Board Total 4,837 4.837 4,837 4.837 2,985 2.985 2025 Totsl 2024 Totsl 8. Other Unrestrirted Restrlcted Internal Organisations Other 5,843 5,843 Totsl 5,843 5.843 T￿1¢yAl$¢ Methothrtchurth 9. pay￿ntt0 Trustees Thls year last year Payments made to trustees for additional serwce5 provided tolhe Church by agreement with the Church Council Meetin8 Number of trustees who were paid expenses Nature of the expenses If there are no payrnents to Trusteesi please record no expense5 were paid. Total amount paid 10. F￿$ for ¢Kamination oraudit of the accounts Independent examlnerfs or audltors, fees for rèportin8 on the accounts 550 525 Otherfees leg.. advice, accountancy service51 paid to the independent examineror auditor 11. Pald employees Staff Costs pald durlngthe yearwere: Gross wages, salarles and benefrts in kind 20,866 25,424 Employerfs Natlonal InSUra￿e costs 1,169 Penslon cost5 928 871 Total staff costs 22,963 27,043 Avera8e numberof rtaff employeed durln8 the yearwer•: 11 11111 11 Ilkllk 11111 11 11 Totley Rise Methodlst ch￿￿h 13. Investments The fund5 that support the various fund5 are held by TMCP in Trustees Interest Funds on which interest is credited to the account5 each month. These ore 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 ot inv￿tMent movements Thi5 year Prev year Change in Investment values Carrying Imarketl value at beginning of year Add: additions to investments at cost Less: disposals at carrying value Net gain/llossl on revaluation Carrying Imarketl value at end of year 14. An•lysts of current assets This year Last year Debtors and prepayments Pre paid assessmen15 4.724 4,583 Accrued income Other debtors 1,371 1,633 Total debtots and prepayments 6,095 6,216 Analysis of cash at bank Bank balance held in Central Deposlt Fund HSBC 138,540 45,936 Bank balance held in HSBC General Fund 5,875 5.283 Bank balance held in HSBC Benevolent Fund TMCP 1,483 1,483 Petty Cash 71 Totsl Cash and Bank 145,969 52,702 15. Analysis of current liabilltiès and short terni ¢redltors Trade Creditors Other Creditors 854 Totsl Current Liabilitie5 748 854 16. Capitsl commitments and contlngent liabllltle5 At the 31st August 2025 the Church has no capltal commitment5. No Contingènt liabilities were identified at 31st Au8USt 2025. Totley Rlse Methodist Chur¢h 17. Loans and credkors due after one year Loans Source Amount brought fon¥ard New borrowlngs Loan Interest Repayable In the year Balance at year end Repayment due Due within 12 months Totals Due after more than 12 months Total Pur se of loans Creditors due after one year Name of Creditor Amount on 31 Au8-2025 Arn(￿nt on 31 Aug-2024 Totsl Totley R15e Methodlst thurch l& Detailed anatysis c4 bnoividual fund mov•ments Unrestrfrted Funds F¥nd Name Openin6 BalarKe Income Ejtpendlture Transfer5 Revaluation galnsllosses Closlng BalarKe Totals Restrlcled Funds Fund N•me Opening Balance I￿orne ExpeN11￿re Tran￿er$ Prlor year djustment aosir¥ Balance Farn.O/R Project Bread4Life Projett Focus Special Needs Svtes Riverbank Project Jean Ibbotson legacy Warm Sp3ces CDrnmunity Fund Qulet Garden Projeas Misslon Building Mutual Blesslng Outdoor Church pt Sup Grp lex panl Push¢hair Club MB Sound and Vlslon Mission Grant Soul Roots Zoning CH Work 7,287 433 16,9511 769 120 1861 13,0661 1,700 17.302 15,368 s.ooo 15.OCrf)I 378 250 899 12241 1671 11741 404 2,031 1,199 174 I,iio 245 120 22 171 3,943 i.iio 245 709 589 171 4,063 Ic4),010 2,700 8,L63 139,379 120 ioo,oio 3,800 15,602 121,823 17,4391 119,1291 Totals 36,685 Endowment Funds R¢strkled Fund Name Openl BalarKe 1,483 In¢ome Expenditure Transfers Revaluatlon gainsllosses Closlng Balance TMCP dewslts 1,483 Totals 1,483 1,483 Fund Famlly Outreach project was fundraislng for the hlie of a Childrens and Famlty Worker. who is stjll employed by the church after S years the fund is still activety rece￿1￿8 donations The Breod lor Lwe Projert is an ongoing outreach to a local htsusing project where our church members go once a week aThd teach bread making and soup rnaknngto the residents in 8 blcKk of flats A couple In the church run a FocusServKes for people with Learning Disabilities. A Numberof donations have been recewed over the years towards our proiectsto C￿te and develop our Qulet Garden- this Is an ongoing project and Is open to the local community for rest and relaxation. The Riverbank PmjÈttwas undertaken to preservethe rNer bank adjacent to the church to ward off eroslon Issues. MB Suund and Wision is a project to Improve the existing sound system. The Mlsslon Bvildingfund was set up to review redevelOp￿￿nt optlons for the consideratlon of the thurch. The Soul Rootsfund was a donatioTh for the use on Young People'5 Work ur Totley Rise Methodlst Church 19. Related party transactlons This Name of related party Relatlonshlp Descrlptlon of transaction Income from related partv durin8 the year Payments to related party durfngthe year loans to I (from) related party during year Amourrts owed by I (tol related party as on 31-Ay8-2024 JMA Methodlst Church Fund Mi55ion in Britain Fund Homes for the S5,￿0 650 300 200 Fund for Propertv World Mission Fund 540 Total 56,690 Last ear Name of rèlated Relationship Description of transaction Income from related party during the Paymeb)ts to related partv during the Loans to I (from) related party during Amounts owed by I {tol related party as on 31-Aug-2023 party JMA Methodist Church Fund Mission in Britaln FL¢¢)d Homes for the Aged Fsjnd for Pro World Mission Fund 650 300 200 635 Total 61,785 Tot￿ Rlse Methodist Church Appendix A CHURCH COUNCIL MEMBERSHIP & KEY LAY WORKERS MINISTERISI Rev Phill Borkett LAY EMPLOYEES R&hel Wi150n (Resigned C*tobèr 20241 Dean Duke Children & Family Worker Church Caretaker LEADERSHIP TEAM Ipreviousty CHURCH STEWARDS) Collette Duke IResi8ned May 20251 Lynn Capewell Martin Hughes Phil George Linda George Anne Wiles Linda Wareham Penny Borkett Sue Freernan (Appointed trtober 20241 CHURCH ThEASURER Nick Whi1v￿rth CHURCH SAFEGUARDING CO-ORDINATOR Gill Kaye CHURCH REPRESENTATiVES OTHER MEMBERS OF THE CHURCH COUNCIL nda George Isecretaryl l John Freeman 2 Gill Kaye 3 Lynne Capewell 4 John Lashmar 5 Barbara Harvev 6 Lirbda Wareham 7 Viv Thomas 8 Anne Wiles 9 Gwllym Pryte 10 Paul Thomas 11 Phil George 12 Penny Borkett 13 Paul Sava8e 14 Pat Wise 15 Collette Duke TaileyRise Methodist Churth DECLARATIONS Treasurgr I confirm that I have prePar￿j the accounts from the records of the Churd) and that thoy incbJd8 8ll lE￿￿S under the control of tha Church council. &gn8ture ofTreasurer Dale Narne Nlck WhI￿rth Address 6 Pear Tree Close, Hollinwood. Chesterfidd S43 2LU Presenlatlon to tho Church Councll Meetlng for approval. I confim) that the A¢couETrts w￿. cw wll b8,près8nted to the Church Coundl MèelSn9 on and were approved. s￿￿ture ofthe Chair olthè m8eting Name of Ihe ChAlr ofthts meeting Rev Phill Borkett Independent ExamineV8 Report to the Trustees of the Totley Ri¥• Methodlst ChurGh This Rewrt is ￿ the Churth A(£wnts forthe year 8nd8d 31" August 2025 Respective responslbllltles of Truste•s and Examlner The chutth.$tnJ8t￿ are respor￿￿t* for the preparation ofthè a¢xounts. The Church's Trusto¥s ojnsider that an aud is not requiréd fr*this yeaf under Section 144 of the Charilies Act 2011 (ThÈ Charities Act} and Ihat an ind8p8ndent examinalion is n8ed0d. It Is my Tosponwbilty to-. examtnè Ih8 8¢cx)unts u￿￿er section 145 ofthé CharitEs Act 2011,. to folh)w thè pmcedufes laid down In th• gèneral Directions gNen by Ihe Chality Commsssion under Saetic 1445)Ib) ofthe Charities act.. and to st#ts whether particyjlar malters have CA)me lo my att•ntion. Totley Rlse Methodlst Church Ba618 of Indepandant Examlnar's Report My èxamination w8$ carriad out in aewrdance the general Directions given by thg Charty ¢omNMssK)n. An examination indudes a review of the accA)unling iecord5 kept by the charity and a comparison of the accounts piesenled with those records. It also indudes consideration of any unusual items or disdosures in the accounts, and seeking eX￿an8th)nS from you as Trustees conceming any such Matters. The procedures undertaken do not provide al the evidence that would be required in an audit and consequenuy no ¢)pini(>n is 9iven os to whether tha 8ccounts presènt a Trua and fair Vi&￿ and the report is limited to those matiers sel out in the slalement bek)w. Independent Examinerfs Statement In connection with my examination, no matter has come to my attention: which gives me reasonable cause to believe that in any material respect the requirements.. . to keep accounting reoords in accordan￿ with Section 130 of the Charrties Act 2011. . to prepare accounts wh￿h accord with the accounting ￿COrdS and compty with the accounting requirements of the Charities Act have not been met.. or 121 to which. in ry opinion. attention should be drawn in order to enable a proper understanding of the accounts to be reached. Name Matthew Howe, BA FCA Signature Relevant Profess￿nal qualification or bod FCA Address 212a Bocknng Lane, Greenhill, Sheffield S8 7BP Date fjIl'tOlL