--202&IReg1stral￿n I16fJ218 IDts for the yearended 31 Augusl 2025 SUDBURY MEfHODisf CHURCH NTE IINVAL TRLISTEES. REPORT STATEMENTOFTRUSTeey RESPONSIBILITIES IIIDEPENDEMt EXAMINERV REPORT STATEMENTOF FINANCIALAcnvifiES ifyii BALANCE SHEET I40TEST0TTr￿ ACCOU14TS 13.20 Page 2 SUDBURY METHODIST CHURCH Reféren￿3rtd Adrnlnlstratl¥e Detalls Name5 and addresses The address of the registered office forthe Sudbury Methodlst church forthe purky)ses of the Methodlst Church Att 1976 and any other leg151atlon Is: Sudbury Methodlst Church 809 Harrow Road Wemblev london HAO 2LP Tel.. 020 89086351 Web: www.sudburymEthodthhLtrch.org Churth Offi￿.. Sudbury Methodlst Church 809 Harrow Road Wemblèy London HAO 2LP Tel: 020 89086351 CUS￿dIanT¥usteeS. Trustees for Methodist Church PurrKJses Central 8ulldlngs Oldhhm st￿et ManchestErMI IJQ Investment Manager$'. Central Finance Board of the Methodlst Church Methodlst Church House 25 Tavistock Place London WCIH 95F Bankers: CAF Bank 25 Klngs Hlll Avenue West Malling Kent ME194JQ Ind•pend•* Examiner. Myrnel Abdullahl ACMA 3 Stspenhlll Road Wembley London HAO 3JF Page 3 SUDBURY m￿H001sT CHURCH Twu51ee< Re￿rt￿lIth•y•4l ended 31 Au8u5121Y25 Gtsvernar￿e The governln8 body of the Methodlst Church is the ConfeTeTrce. whlch meets annualty. The authorlty under whlch the ConfeTente act5 is gFven by the Methodist Church Act 1976. We are Boverned bythe Methodlst Churches Constttutional Practlce and Dl$clpline and all Charity Law ot the Unlted Kin8dom. The church 1$ 8ovemed by the Methodist Church Act 1976, the deed of Unlon and the Model Trusts of the Methodlst Church. The purpose5 of the Methodlst Church ¥re and shall be deemed to have been 5inEe the date of unlon rjf advancement of.. l)) the Christian faith in accordance with the dcKtrinal standards and the discipline of the Methodlst Church Ibl any charitable purposeforthetinE belng of ar¢y Connexional, dlstrtct. clrcuit, lotal of other organlsation of the Methodist Church Icl any charltable purptsse for the tirre belng of any soclety or instf(ution or subsidlary orancillary to the Methodlst Church,. any purpose for the tlmè belng of any chartty belng a charlty Subsidiary orant511ary to the Methodist Church. Sudbury Methodist Church Is one of four churches in Wembley arcult, whlch In turn Is a part of the London Dtsirict of the method￿ Church and Is a re8iStered charity number 1165218 Full Name of Charity.. Sudbury methOd￿t Church Reglstratlon Charity NumL*r 1165218 Date of Registration: 19January 2016 Maln Communicatitsr* Address.. 809 Harrow Road Wemblev tondon HAO 2LP Page 4 SUDBURY M￿HoD15T(HURCH The full Ilst of Trustees who served during the year and up to date of Signatu￿ of the accounts were as follows.. Trustee5 jolned durfng 2024/25 are shown wlth asterix I'l and those who left during the year a￿ shown with asterix I I Revd Kldo Baek. Rev Nigel Stuart Wright Veronlca Persaud Miss Joan Ellls Mrs Paulette Newell Eugene Atiemh ' Charles Walker George Sabaratnam Emma8lne Frederlck aair Gyes Mrs Vlvlan Koomson Leandro Thoms Kel Mrs 8everW Persaud Sabrlna Newell Dalsy Walker Dawn Wilkes ObJertlveand purpose The callin8 of Sudbury Methodist church isto respond to the gospel of God's bve ln Chrlst and to11ve out Its dlsciple5hlp In worship and rnission. This is expressed through Worshlp, Leamlng and Carin& Evangelism and Service. The church 15 committed to use its resources a cleadyfocussed and IntentSonal wayto ensure an effective respK)nse to the need5 of our congregatk)ns and wlder communlty. AcllvTtle5 Sudbury Methodist Church exists to lead all people frorn all background5 to real transformatloTh In Chrlst. The callln8 of the Sudbury Methtsdist Church isto respond to the gospel of God's love In Chrlst and to Ilve out Irs dSscipleship In worshlpand rnissS0n. Sudbury Methodlst Church have leased part of the prernlses prevlously used as a community day Ca￿ ￿Trt￿ for the elderly to a pre-sch¢)ol chlldren's nursery wlth whom It Is hoped that a good relètionship can be established The Sunday School for chlldTen up to the age of 13 15 thrfvln& and a new blble stuty group has been stsrted whth meets on thef115tThursday of each rnonth. Another membershlplConfTM￿t[0n class has been held dU￿ngthe year. Org3n15at5onalstruclure Sudbury Methodlst Church is one of four churches in Wembley Circuit. (hurth Ministtr and offiws The MlThlster and Chair of the ManagingTrustees durlng 2024125 was Revd Nigel Wrl8ht who had pastoral rpsponslbllltles nfjl hls resIgna￿On on 31stAugust 2025. y staff strurture The church ha$ four part time employees,. adminR5trdtor, 2 clEaner5 and caretaker. SUd￿￿ry Nelghbourhood Centre ISNQ The Sudbury Nelghbourhood Centrels a bullding èt the rear of the thurth prerni5es owned by the church. It was occupled by a day care centre who were tenants undera 3￿year lease. The day care centre became financial￿ unvlable and vacated the bullding surrenderlngthe lease In January 2023.The Church Councll, after due con51deratlon of the various options before It. declded that It would be best for the premises to be knsed, and the only reallstlc optlon seemed to be tg lease It for £Kcupation a5 a nursery or Speclal Educational Needs provlslon ISENI. A Qualif(ed Surveyor's Reporr IQSRI has been obtained Irom Gerald Eve, a firm of sutveyors, and the thur¢h Council are lookin8 to rnarket the premises on a I￿year lease wlth nt revlev4 after 5 years. The arnount spent at Sudbury NelghbouthoDd Centre for roof ￿paIrS £3,360, Gas supply £6.240, solieitorfs fees E2,654, surveyorfs fees £3,600 Page 5 SUDBURY METHODIST CHURCH Flat There ￿ a seff-contained flat on the church premlses which was orlginally bulttlor occupation by the church's caretsker, Th15 Is currently rented out to a prniate tenant. The amunt spent for roof repalrs was £5,520 and Boiler £168. hleN*ments and pèrformance During 2024125 Sudbury Methodist Church contlnued Its mlnlstry and seNlce to the people of WembleythrtsL4h the provisK)n of w¢yship and 5ervKe OpportUn￿les. and through the avallabllltyof tts premlses for hlfe by Indl¥lduals and community organisations. Church also ran Hollday ACt￿ttY Club forchlldren and young people's; itwas decided that the remaining balance of fund for Fuel Music Academy and sUrn￿￿r camp/ End of tem ALtlvitiesshould be used for chlldren and young people artN[t￿$. The balance tsf £5,435 wa5 transferred to U)ildren and Young People lund. Durin8 the year£521 was recelved from chlldren and young peopleactlvltles and £2,352 wa5 Spent on 3CtlvltiÈs. The balance carrfed forward into next ffnanclal year is £3,604 See note 19 on page 20. In¥ÈstmÈnts The investment of surplus fund5 is Operat￿ vla the Central Finance Board ICFBI of the Methodist Chuwch. CFB alms to provide high quality investment servlce seekln8 above average returnsfor long temi investor5, whilst ensuring that the Secur￿leS held by all its funds are In Ilne with the ethical wliry of the Metho(4ist Church. The Church has its funds in a deposit ccount with CF8. The Restricted Fund whlch Is malnlyfunds from sales of properties ts managed byTrustees for Mèthodist Purposes ITMCPI. These funds are also Invested wlth CFB. The church trust rnodel 17233 Varlous Bequests fund is managed byTrustees for Mdhodlst Purwses ITMCPI and Is In¥￿ted wlth CF8. Part of trust model 17233 Varlous Bequests fund wa5 cla551fled as ￿$trItted fund up to the end of August laxyear, during the year. the church contacted TMCP toget mre Informatlon aboutthe trustfund. the informatlon ￿e1Ved indicated that the fund 15 3 Type 8 Model Trust which rneans the funds are un￿Stricted and can be used for any Methodist Purpose, they èrethe CFB mana8ed inve5trnent fund whlch can only be accesslble by selllngthe avallable unlts for cash. The fund earns dlvldend. Thefund wa5 transferred from restricted to unrestricted fund, this is recorded on the balance sheet oft page 12 and on notes 19 and 20 on page 20. The value transferred was £41,068 at the beglnnlng of the financial yearand at the end of the financlal yearthe fund was valued at £42,129 an increase of £1.061. The other part of the trust mdel 17233 Varlous Bequests fvnd whlch Is Trustee5 Interestfund earns Interest, isvalued at £10.575, In total at the end of August. the value oftrust model 17233 was £52.704. Publk Bwefft The Trustees have had due regardto the guldante published by the char￿e$ ComMiss￿n in compllance wlth its dutles under section 17 of the Charltles ￿t 2011. Thls 8uidante sets out key prFnciples'. l. The Organisati￿ must have an identrfiable beneflt. 2. The benef￿ must betts the public or a section of the publit. The church exlsts to.. increase awareness of God's presence and to celebrate God's lovè,. help people to learn and grow as Chrlstlans, through mutual support and care.. and be a 8ood nel8hbour to peopte In need and challenge injustlce. The Trustees consKlerthat forthese reasons the charty meets these publk beneftt requirements. Page 6 SUDBURY M￿N0D1￿ CHURCH Flnanclal Rwl•w Durtng 2024125thurth nMn1strywasfundedthr￿J8h the0fferfn8re￿lpts. ￿nt$frOm¢hurch wopertyand interest from investments.Theofferingof £20.212 IncludedJunk)rthurch offerfngof E31&Junlor¢hLwch offerfngfund balan￿ see note 20 on ge 20. The valueofchurch funds as at 31 Au8USt 2025wa$ £3,346,839thKh i5an increase of £34.315frorn the prevlous year. Rlsk ManagemenL The Churth has revlewed ￿S rfsk pollcksand have uOated a Risk Rw5tEI h￿hlIghtin8th?¥a￿￿uS risksf3cln8the church.the Impact andthe Ilkelihood of them happenin8.The main headings under which these rlsks have been categorisedare.. Trustee5' Resp￿sibIlit*S Merrkethipand Mi55K Re50urc4 Pec*and ProFerty Fyondal These rtsksart ￿UlarlYt0ensUreeffeCt￿eSs. Reserv￿ Polky It is the pdity of the Sudbury Methodlst Church that unrestrirted fund5. excludlngtanglble flxed assets, should be malntalned at a level equlv31ent to between si¥ months and one yearfs expendlture. The Trustees considerthat reseThe5 at thls level will ensure that: in the event of a si8nrficant drop in fundln& they wlll be ableto continue the Church's current actwities whileconsideration is given to ways In whlch addltlonal fvnds may be raised. This level of reserves has been malntained throughout theyear¥fid atthe year end the Church's reserves held under Un￿$trIcred funds amounted to 194,081. Mansforihefvtt4 It 15 thE intentlon to contlnue the exSstlng Initlatlves of the Church. In addrtfjon, the Church wlll continue to assessthe needs of the local communlty and, where relevant. consider the deployment ol re50urce5 In extendln8 the servlces currently provided to congregations and the broader commuThlty. Appro¥•d by the Trustees on the 3rd May 2026 and s*ned onthelr behalf by: Ilevd Kldo Baek. Superlntendent Page 7 SUDBURY MEfHODisfcHURCH st•t•m•nt of Trustees, responslbllllles forth•yÈar ended 31 Augusi 2025 The Trustees are reswnsible for preparing the Trustees. Rep)rt and the accounts Sn accordance with appllcable lawand Un6ted Kin£dom Accounting Stsndards lun￿ed Kingdom Generally Accepted Accounting Practicel. The law appllcable to charltles In England and Wales requires the Trustees to prepare accounts for each financi31 year, which give a true and fair view of ihe state of affalrs of the Church's financlal activlties durlng the yearand of its financ*al position the end of theyear. In p￿paring these accounts. the Trustees are required to.. select surtable accountin8 polities and then applythem con515tently.' observethe rnethods and princlples In the Charities SORP,. make judgements and e5tlrnatesthat are reasonable and prudent.. State whetherapplicable Jccountin8 standards have been followed, sublect to any materfal departurès disclosed and explalned in the accounts. and prepare the accounts on the golng toncern basis unless tt fs Inappropriate to presume that the Charity will continue In operatlon. The Trustee5 are resKx)nsible for keepln8 proper accountln8 record5that dlsckjse wlth reasonable accuracy at any tlme the financial posf(lon of the Church and enable themto ensuiethat the accounts Comp￿ with the Stsndlng Orders gf the Methodist Cthurch, the Charities Art 2011, the Charf(y (Accounts and Reports) Regulations 2008 and other relevant re8uSations. They are also responslble for safeguardlng the assets of the charity and hence fortsking ￿asOnable Steps forthe preventlon and detèttlon of frauds and other irregularltles. Page 8 SUDBURY MEfHI)DISTCHURCH I report tothe t￿￿tee5 on my examlnation of the accounts of 5udbutyMethodlst Church for theyear ended 31 August 2025. Re5pDo4bllttlB5 Ixds ètr*port the £harl￿$ trustees. you are responsibleforthe preparatlon of the accounts In a¢cofdonce with the reqvirements of the Charltfjes Ort 2011 (the 2011 Artl. I report In respectotrnv WAamlnatk)n of Ihe CharW5 accounts ¢arySed g¥t under sectlon 145 of the 2011 Att and In tarrying out my examination I have followed all the appmcable dlrecttOThS 8lven by the Charlty Commlsslon undersettitsn 14515llbl of the Act. I havecompleted my ￿amInath?n. I conflrm that no material matteTS have cometo myattentlon In tonnECtlon the Èxaminatkn wM¢h gwe me czu5eto believe that in any materfal respett.. 11 attoutstlng recordswere not kept ln respectof the Charity 85 required by Section 130of the ACL. or 21 the 8CCOUrts do not accord Mth those rete*ds; 31 the accounts do not comply wlth theappllcable fequirements concernlngthe forrn and content of a(count5 set out in the charl￿e$ IAc¢ounts and Rewtsl Regulatlons 2￿80ther than any reqbjlrement that the accounts give a true and falr ¥iew vjhlth Is not a matter eonsldered as part of an Independent exarnlftation. I have no conceT115 and have corne acr055 no other mattpT5 In ccnneth)n with the examinatim to whlch attention shatsld be drawn In thls yeport In orderto enable a proper understrndin8 of the aCCDunts to tsè reachÈd MyTnel Abdullaht CGMA 3 StapÈMhlll R03d Wemb London HAO Oate= ILlJlts SUDBURY METHODIST CHURCH Ststtmentot Fln•n¢ialAcllbltles for the y4ar endd 31Au8urt2025 Total T•tal Ollerfn8S Grants •n%l Tronatlons 61ft aid Interest and In¥￿tr￿￿t Ihtt*rne Rental Inwme Qther Intomt 70ts1 lThcom• 202 11205 1976 ?A22 7N12 8925 17.959 105,407 155*74 I￿,914 511 Ch•rft•bl• attl4tths Staff tOSt5'. Clrwlt 155essment Grants ind donatlons Property M￿ntenance Flat MalNien¥h Insurance. irt11￿￿e$ ice expense5 Other expendltu Totsl e¥•ertdl￿r* J)22 42310 425 I1￿18 34 1196 J7 151714 354 1196 31M6 3.059 62A16 li 159,066 l¢y••ndllurtlllnwfivJ b•f• oth•tr•wlMdplns and Gain on Investment è5sets 33354 27 0751 36.146 4L06B 77214 3266,021 343 Tian5fers bttwten funds 14•t mDwmotht Ih lun05 Fund5 balaThw at i Septembor2024 F￿dI b*l••¢u*31Awst zo 1214361 41,0681 34,3ts 121,4361 3.334,960 3 312.524 The notes on p•845 13 to 21 form an lrte8ro1 pwrt of thes•4tMun Page 10 SUDBURY METHODIST CHURCH ststeThRnt of Hnandal A¢(Ivhle$forthe year ended 31 Augurt 2025 Comparatlve year Irrfonnatlon Year ended 31 August 2024 Unrestrl¢ted Funds Restrfrted Fund5 2024 Totsl Notes ome and Endowments fro Offerlngs Grant5 and Donatlons Glftald Interest and Investment Incomè Rental Income Other Income Totsl Income Expendlture on: Charitable aLtibTtie5 Staff costs CirLVit assessrn*nt Grants and donations Property Malntenan Flat Maintenance Insuran￿, Utiiitles offi￿ expen$e$ Other expenditure Tot•1 ewpendltu 18,918 1014 2,651 8.116 17,959 105.407 154,865 IB,918 1814 2,651 8,925 17,959 10SA07 ASS.674 809 42.310 34.000 425 7.999 654 31,886 3.059 61,607 1,940 42310 425 7.999 654 31M&6 3,059 62NI6 182,749 io li 12 Net lexpend5tureVSn(ome before other r¢co8nlsed 8aln$ and losses Net empendlturellncome befort Galns on Investment assets 27,075 27.0751 4,639 Net movement In fvnd5 Funds balan￿5 at I September 2023 Fund$ balances •t 31 2024 127,0751 3.293,096 3,266,021 4.639 41,864 121,4361 3334,960 3312.524 Collectlons for and and Benef¢ciaries ents to External Or anisilion5 MHA Parklnson's Disease Society Totsl Offerings ané Gffts passed to External Or￿nISatIonS Balance carried forward 203 297 500 15001 Page 11 SUDBURY M￿HODiSr CHURCH Balan￿ Sheet as at 31 August 2025 Unrestrlcted Funds R¢sirirted Funds 2025 2024 Total Total Notts Flxed Assets Tan&ble as$et5 TMCP 13 3.107.025 42,129 3,149,154 3,107.02S 42,129 3,149,154 3,LO8,156 41.068 3.149.224 Cu￿ent Assets Debtors T.M.C.P. Interest lunés 21.800 10.575 16S,215 17,135 214,725 22,195 10.575 143.447 25.464 20L.681 10575 165215 20,739 218J29 Centr31 Flnants Board Deposits Cash èt bank and In hand Crtdlt•r5'. amounts falllw due ￿thIn •n¢ y¢•r 16 119.4651 119A651 135.8121 14et Curr•th Ass•ts Credltors.. Amoumtsf•lllng duq after more than one ye4r 195.260 I98￿64 165,869 17 11.1791 IL1791 12.5691 Totsl assets less tuNent Ilabilitie5 3,343.235 >.346￿39 3.312,524 Auurnulated ￿ndS Unrestrlcted funds Restricted funds Total F￿￿$ 3.343.235 3,343235 3.604 ￿,346￿39 3.266,021 46,503 3.312,524 3,343,235 Approved by the Managing Trustees on 3rd May 2026 and signed Dn their behalf by.. Revd Kldty *ek. Chalrof Chtsrth Coun