UNAUDITED ACCRUAL ACCOUNTS 2020-21 ## For the year ended 31 August 2021 **----- Start of picture text -----**
St George’s Victoria Park
Winton Trinity
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Bournemouth Methodist Church is part of the Poole Bay Methodist Circuit and Southampton District (26/09) Page **1** of **26** BOURNEMOUTH METHODISTS ACCOUNTS FOR THE YEAR ENDED 31[st] AUGUST 2021 ## **TRUSTEE’S ANNUAL REPORT** Introduction The Bournemouth Methodist Church (also referred to as Bournemouth Methodists) was formed on 1st September 2016 as a result of the joining together of four churches located in the Bournemouth area, with the aim to share resources to better fulfil its mission and to be more efficient in its governance. The four churches (now referred to as Mission Centres) are St George’s, Trinity, Victoria Park and Winton Methodist. St George’s and Trinity were both registered charities prior to joining together. Both charities have since been closed and the assets of all four of the mission centres have been transferred to Bournemouth Methodists. ## **Aims** Charity objective is to act as a Resource provider within the area around Bournemouth for the Methodist church: The purposes of the Methodist Church are and shall be deemed to have been since the Date of Union the advancement of: The Christian faith in accordance with the doctrinal standards and discipline of The Methodist Church; Any charitable purpose for the time being of any Connexional, District, Circuit, local or other organisation of the Methodist Church; Any charitable purpose for the time being of any society or institution subsidiary or ancillary to the Methodist Church; Any purpose for the time being of any charity being a charity subsidiary or ancillary to the Methodist Church. ## **Objectives and Activities** The Church invites people to lead lives inspired by Jesus Christ through acts of worship, service, care, social action and ministry. As part of the worldwide Christian Church, the objectives of the Bournemouth Methodist Church are to preach the Christian message, providing facilities for Christian worship and to serve the needs of the local community. We strive to do this by: Providing a welcoming environment for Christian worship, teaching and activities in a variety of ways suitable for all. Explaining our faith to anyone who wishes to hear about it. Reflecting the love of God for humanity in all our activities. Seeking to be a hub for the local community, based around a Christian ethos but open to those of any faith or none. Researching, listening and responding to the needs of the people around us. Working and sharing with local charities, community groups and other faith-based organisations to realise greater opportunities to help those in need. Being open to different viewpoints, ideas and ways of operating whilst retaining our Christian beliefs. The purposes of the Methodist Church are and shall be deemed to have been since the date of union the advancement of: - a) the Christian faith in accordance with the doctrinal standards and the discipline of the Methodist Church; - b) any charitable purpose for the time being of any Connexional, District, Circuit, local or other organisation of the Methodist Church; - c) any charitable purpose for the time being of any society or institution subsidiary or ancillary to the Methodist Church; - d) any purpose for the time being of any charity being a charity subsidiary or ancillary to the Methodist Church. Page **2** of **26** BOURNEMOUTH METHODISTS ACCOUNTS FOR THE YEAR ENDED 31[st] AUGUST 2021 The Bournemouth Methodist Church monitors its activities and success via a number of internal forums – Property & Finance, Mission & Outreach, Worship & Spirituality and via the Pastoral Secretaries. Each of these groups discuss new ideas and existing issues, relevant to that forum and make recommendations to the Church Council (Trustee body). They also ensure that activities agreed by the Church Council are carried out. ## **Activities** The organisation and resourcing of regular public acts of worship open to members of the Church and non-members alike. The teaching of Christianity through sermons, courses and small groups. The resourcing of pastoral work including visiting the sick and bereaved. Taking religious assemblies in local schools. Promotion of Christianity through the staging of events and services. Provision of chaplaincy services to the local university and other institutions. The large majority of the charity’s Trustees take on this responsibility on a voluntary basis. The Trustees rely heavily on members of the Circuit Churches to volunteer for specific roles, such as Circuit Stewards and Local Preachers Trainers. Bournemouth Methodist Church carries out a range of activities in pursuance of its mission. The trustees consider that these activities, summarised below, provide benefit to those who are members of the Church and the wider community of Bournemouth. ## **Acts of worship and pastoral care** Bournemouth Methodists offers the opportunity for people to participate in Sunday worship every week and at additional times in the Christian calendar as advertised in the Poole Bay Circuit Preaching, available to the general public via the Poole Bay Methodist Circuit website and on church notice boards. The Church produces a quarterly preaching plan to ensure regular acts of worship take place at each of its four mission centres. These are open to all people, without charge. The pastoral care of the mission centres is shared by three Ministers, stationed by the Methodist Church of Great Britain. The continuation of the Covid pandemic enforced closures of the churches during various times in the year and worship material was subsequently provided through a downloaded audio service or a printed version. In addition, Zoom services were arranged. These services were advertised on the Poole Bay Circuit Website. ## **Baptisms, Weddings and Funerals** The Ministers conducted baptisms, weddings and funerals at each of the mission centres. These services are available at the discretion of the Minister. No charge is made for baptisms. A modest set fee is usually charged for weddings and funerals. ## **Achievements and Performance** There was a refocus on the Circuit’s intergenerational aims, with a new initiative Gather, Grow, Go getting underway to reach out to the churches local community and encourage a wider membership worshipping together. The mission centres have continued to be paired for worship planning to ensure that a breadth of different styles of worship can be offered in the Bournemouth area. Where there may be a traditional service being conducted at one church, there is a more contemporary style being offered nearby. Page **3** of **26** BOURNEMOUTH METHODISTS ACCOUNTS FOR THE YEAR ENDED 31[st] AUGUST 2021 Victoria Park’s intergenerational café known as ‘The Welcome Inn’ opening scheduled for March 2020 was further delayed due to the Covid pandemic. After a long wait and a lot of hard work we are pleased to report the café opened on the 18 May 2022. This project has largely been funded by a legacy left to the church that was designated for missional purposes. The mission centre at Southbourne (Trinity) planning for the initiative for a Soft Play Area and Café (known as ‘The BOAT’) short for “Best Of All Things (or Times) at Trinity" stopped in March 2020 due to the Covid pandemic and has not resumed. The start of the Stay-Safe (Trinity) initiative to aid local rough sleepers by providing agency engagement, voluntary work and other activities has been greatly aided by the Trinity church congregation. The Trussell Trust Foodbank centre who moved into the St George’s site in Boscombe during April 2018 have continued to see demand grow. Faithworks Wessex continue to work out of the Winton site to support vulnerable individuals (including running workshops and addiction recovery courses). Sleep Safe, an initiative by BCARS (Bournemouth Christians Alongside Rough Sleepers) and Faithworks provide an emergency bed scheme for local rough sleepers. Bournemouth Methodist Church are pleased to be able to continue in partnership with these charities to help to alleviate poverty, addiction, homelessness and social isolation. ## **Public Benefit** We confirm the Trustees have had regard to the Charity Commission’s guidance on public benefit. ## **Financial Review of the Year** ## **Income Trends** Church income is primarily drawn from the Sunday collections, donations and legacies receipts paid by the four church congregations. The total giving income for the year of £106,012 was lower than the previous year of £139,334 and approximately 50% lower than pre-covid income levels of £158,856 (YE18-19) mainly due to the closure of churches for covid pandemic restrictions disrupting the worship patterns of the churches congregations . The rental income of £53,234 relates to the hire of the church halls, etc to various groups in the community compared with the previous year’s income of £54,336. This was still lower then pre covid lettings income of £91,797 (YE18/19) due to closure of the church buildings during November 2020 and between January to March 2021 along with some social distancing restrictions continuing until July 2021. The Circuit supported the Bournemouth churches with the amount of £15,206 (2019-20 £17,946) to cover loss of income due to the covid pandemic. HMRC Furlough grants for lay employee wages of £9,803 (£7,893 YE19-20) were claimed for the period. ## **Expenditure Trends** Total expenditure of £120,308 was lower than the previous year’s expenditure of £156,811 (these figures exclude assessments and internal organisations expenditure). The major cost during 2020-21 was the assessment payment to the Poole Bay Methodist Circuit. This amounted to £102,017 compared to the 2019/20 figure of £131,000. The total amount paid to the Circuit during the year was £104,784 which included a payment of £2,767 in lieu of the 21/22 assessment. A significant amount of the Circuit assessment is used to pay the District assessment, stipends and related costs of its Ministers. Other expenditure includes £54,675 covering utilities (insurance, heat & light, water) and £19,737 covering total costs for maintaining the church buildings. Page **4** of **26** BOURNEMOUTH METHODISTS ACCOUNTS FOR THE YEAR ENDED 31[st] AUGUST 2021 ## **Fund balances** The total funds held at 31 August 2021 are £13,352,773. A detailed analysis of the funds is set out in Note 16. **FUNDS** Unrestricted General £125,601 Designated Funds General £497,915 Restricted Funds General £ 66,988 Endowment Funds £108,373 Restricted – Fixed Assets £12,553,896 **TOTAL £13,352,773** The designated funds are monies set aside for missionary and gifting purposes along with travel and specific equipment. ## **Reserves Policy** The Reserves Policy relates to those unrestricted funds (£125,601 as 31[st] August 2021) that we need to ensure are available to meet the day-to-day running costs of the Circuit. We aim to hold a minimum sum equivalent to six months expenditure i.e. £117,001, as recommended by the Methodist Church of Great Britain. The Trustees consider this amount to be sufficient to meet any unforeseen item of expenditure in the short term and for funding planned activities in the event of any inability to raise the full funds required to meet its obligations during the year. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Basis of preparation and legal framework** The Charity’s Annual Report and Accounts for the year ended 31st August 2021 have been prepared under the Charities Act 2011 in accordance with the 2015 version of Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with FRS102 – the Charities SORP (FRS102) and taking note of the update bulletin. Full name of charity: Bournemouth Methodist Church Other names used by Charity: Bournemouth Methodists, BMC Charity Number: 1172154 Date of registration: 20 March 2017 Main contact address: BMC Office, c/o Victoria Park Methodist Church, Edgehill Road, Bournemouth, BH9 2QG The members of the Bournemouth Methodist Church meeting are the Church Trustees, membership being made up of Church Council office holders, Ministers and representatives appointed by the local Churches. Circuit Ministers and Officers Accountant Rothmans LLP Investment Bankers Central Finance Board of the Methodist Church Trustees for Methodist Church Purposes Page **5** of **26** BOURNEMOUTH METHODISTS ACCOUNTS FOR THE YEAR ENDED 31[st] AUGUST 2021 ## **Church Council Meeting Membership as at 31[st] August 2021** ## **Church Council Trustees** **Elected Resigned Church Council Secretary** Sarah Joy 19.11.2019 **Church Treasurer** Alan McCoy 09.11.2016 **Active Circuit Ministers** Rev Tony Cavanagh 09.11.2016 Rev Roberto Viana 09.11.2016 Deacon Suzie Viana 09.11.2016 **Bournemouth Senior Steward** Tony Fernand 09.11.2016 **St George’s** Denis Dean 09.11.2016 09.05.2022 Ian Underwood 09.11.2016 Dr Julian Tawn 09.09.2019 **Trinity** Lesley Fernand 09.11.2016 Val Roantree 29.11.2017 Janet Drayton 09.11.2016 Ray Drayton 19.11.2019 Margaret Bray 29.11.2017 Bridget Bolt 09.09.2019 Elizabeth Graham 08.05.2022 **Victoria Park** Carol Joy 09.11.2016 Anita Hazell 09.11.2016 Glenys Lewer 09.11.2016 Ros Murray 09.11.2016 Paul Parkes 25.06.2019 Edward Lyness 04.11.2021 02.05.2022 June Adams 08.05.2022 **Winton** Becca Thompson 09.11.2016 Sue Saunders 09.11.2016 Pam Brown 09.11.2016 Pat Goodhall 09.11.2016 Marion King 05.09.2018 Margaret Harrison 19.11.2019 09.05.2022 Paul Thompson 08.05.2022 Anita Curtis 08.05.2022 Jean James 08.05.2022 **Note:** Trustee list includes resignations and appointments from 1[st] September 2020 until the date the accounts were signed. Page **6** of **26** BOURNEMOUTH METHODISTS ACCOUNTS FOR THE YEAR ENDED 31[st] AUGUST 2021 ## **Structure, Governance and Management** The governing document for the Circuit is the Deed of Union (1932) and Methodist Church Act (1976). Detailed governance arrangements are outlined with the Constitutional Practice and Discipline of the Methodist Church by order of the annual conference (CPD). Day to day management of the Circuit is undertaken by the Circuit Leadership team along with the Local Preachers meeting, the Circuit Finance and Property Committee and the Circuit Policy Committee. ## **Trustee Training** A range of guidance produced by Methodist Connexion to support the effective running of the Circuit, specifically the leaflet 'The Role of a Trustee in the Methodist Church' is given to all new Circuit meeting members as induction to their roles as Trustees. All members of the Church Council are Trustees of the Bournemouth Methodist Church. The membership of the Church Council is prescribed in the Standing Orders of the Constitutional Practice and Discipline of the Methodist Church. Under the Standing Orders all the Circuit's Ministers are ex officio members of the Church Council Meeting. The managing Trustees must operate within the guidelines of the Methodist Church of Great Britain. The Constitutional Practice and Discipline (CPD) of the Methodist Church lays down how the Church should run and the Methodists Church provides guidance on many of the policies required, such as Safeguarding, employment, recruitment etc. Lay employee's remuneration is discussed by the Church Council and a recommendation is put forward to the managing Trustees with the annual budget. The Methodist Church supports the Living Wage Foundation. ## **Related Parties** The Bournemouth Methodists are part of the Southampton District and are also accountable to the Methodist Conference. ## **Risk Management** The major risks have been identified and reported by the Circuit Finance and Property Committee with professional advice taken as required. There is a regular annual review process undertaken and recorded. Within the individual churches all expenditure is authorised by an appropriate elected person. The most significant risks faced by the Church are: ## **Environmental or External factors** ## **Pandemic** After the accounting year end, the world has been affected by the COVID pandemic, all sectors and governments worldwide are facing challenges associated with the economic conditions resulting from efforts to address it. Government safeguarding and other guidelines are being followed by each church. Assistance in the form of grants for loss of income have been provided to the churches by the Circuit. ## **Other external factors** Changes to government policy which may result in a negative impact to the charity i.e. change of regulations, law, taxation. To address this risk the Trustees ensure they remain up to date with changes in legislation and engage professional advisors where appropriate. ## **Governance Risks** The Trustees may lack relevant skills or commitment. The Church may find it difficult to fill these roles. To address this risk the Methodist Church of Great Britain provides guidance for managing trustees on its website and via the Constitutional Practice & Discipline (CPD) of the Methodist Church and guidance on the recruitment of volunteers via its Safer Recruitment Policy. Page **7** of **26** BOURNEMOUTH METHODISTS ACCOUNTS FOR THE YEAR ENDED 31[st] AUGUST 2021 ## **Operational Risks** Employment issues such as volunteers who may lack competencies and the ability to recruit or retain key staff. To address this risk the Methodist Church of Great Britain provides recruitment advice via its Safer Recruitment guidelines and via a District Employment Advisor. The Methodist Church has adopted the payment recommendations of the Living Wage Foundation. ## **Financial Risks** Loss of income may arise from a decline in the membership of the Church due to dependency on limited income sources such as donations and legacies. To address this risk the Church aims to encourage membership by offering a breadth of different styles of worship and engaging with the local community to raise awareness of its Mission. ## **Compliance Risks** Potential non-compliance with legislation. To address this risk the Trustees ensure that they follow the guidance issued by the Methodist Church and the Charities Commission. ## **Fundraising** Whilst the church is very grateful for the voluntary donations received from its members and the wider community it does not actively engage in fundraising activities. The church does not use professional fundraisers or involve commercial participants. It is not a member of any voluntary fundraising schemes or standards for fundraising regulations. There have been no complaints about fundraising activities in the year. ## **Plans for the Future** Due to the COVID19 virus epidemic all the Bournemouth Methodist churches closed for worship on the 24 March 2020. From August/September onwards a phased re-opening to prayer, church services and other activities are gradually resuming. Each church has needed to comply with government safeguarding & other guidelines and this will/has determined if, and when, each church building is able to open for worship and other activities. The closure of church buildings for all except essential services provided i.e. foodbank (St Georges) and Faithworks (Winton) has resulted in the loss of income from lettings, cash & envelope offertories and all other activities. The new mission projects have also been put on hold for the time being. The implications of all this on the Bournemouth Methodists moving forward are not yet fully known. The trustees will continue to consider how best to deal with the changed environment and uncertainty. ## **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. Page **8** of **26** BOURNEMOUTH METHODISTS ACCOUNTS FOR THE YEAR ENDED 31[st] AUGUST 2021 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 The Bournemouth Methodist Church is committed to ensuring the implementation of Connexional Safeguarding Policy; government legislation, guidance and safe practice in the Church and in the Mission Centres. The Bournemouth 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. ## **Trustee Responsibilities** The law applicable to charities in England and Wales require the Trustees of Bournemouth Methodist Church to prepare financial statements 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 resources, including the income and expenditure, of the charity for that period. In preparing these financial statements, the Trustees are required to: - Select suitable accounting policies and then apply them consistently; - Observe the methods and principles in the Charities SORP (FRS102); - Make judgements and estimates that are reasonable and prudent; - State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; - Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Standing Orders of the Methodist Church, the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Page **9** of **26** BOURNEMOUTH METHODISTS ACCOUNTS FOR THE YEAR ENDED 31° AUGU￿ 2021 The charity seeks to comply with the requirements of UK legislat￿n. the Charrty Commisston and the Constitutional Practice and Di5opline of the Methodist Church in all areas of its dealin85. Your attention is to be drawn to the fact that the chaiity has prepared the attounts lfinancial statements) In atcordance with Accounting and Reporting by Charrties preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS102) in preference to the Accounting and Reporting by Charities.. Statement of Recommended Practice i55ued on 1st April 2CM)5 which is referred to in the extant regulations but has since been withdrawn. We understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting period5 beginning on or after I" January 2015. The Trustees approved thi5 report 13 January 2023. The report was signed on their behalf by: A Cavanagh Rev Tony Cavanagh Superlntendent and Chair of Church Council Meeting Page 10 of26 BOURNEMOUTH METHODISTS ACCOUNTS FOR THE YEAR ENDED 31[st] AUGUST 2021 ## **Independent Examiner’s Report to the Trustees of the Bournemouth Methodist Church** I report to the trustees on my examination of the accounts of the Bournemouth Methodist Church (‘the Charity’) for the year ended 31 August 2021. ## **Responsibilities and basis of report** As the trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011(‘the Act’). I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiner’s statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: (1) accounting records were not kept in respect of the Trust as required by section 130 of the Act; or - (2) the accounts do not accord with those records; or - (3) the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ## S A Sullivan Susan Sullivan FCA Rothmans LLP Chartered Accountants Avebury House St Peter Street Winchester Hampshire SO23 8BN Date:…………………………………………13 January 2023 Page **11** of **26** ## BOURNEMOUTH METHODISTS ACCOUNTS FOR THE YEAR ENDED 31[st] AUGUST 2021 **Statement of Financial Activities (SOFA) for the year ended 31 August 2021** ||**Notes to**
**the**
**accounts**|**Unrestricted**
**funds**|**Designated**
**Funds**|**Restricted**
**Funds**|**Endowment**
**Funds**|**Total**
**2020-21**|
**Total**
**2019-20**| |---|---|---|---|---|---|---|---| |||£|£|£|£|£|£| |**Income and Endowments:**|||||||| |Donations and legacies|4|||||**106,012**|**139,334**| |- Collections and tax credit||97,385||||97,385|124,314| |- Donations||2,113|350|||2,463|9,560| |- Legacies||5,164||1,000||6,164|5,460| |Charitable activities|5|||||**54,820**|**66,176**| |- Fund raising||100||||100|5,841| |- Others||53,820||900||54,720|60,335| |Investments|6|362|817|71|364|**1,614**|**4,906**| |Other|7|||||**36,806**|**53,312**| |- Internal organisations||||11,049||11,049|25,638| |- Charitable income||24,444|1,313|||25,757|27,674| |**Total Income**||**183,388**|**2,480**|**13,020**|**364**|**199,252**|**263,728**| |**Expenditure on Charitable Activities:**|||||||| |Salaries,NIC & Pension costs|10|24,441|1,901|||26,342|36,839| |Circuit Assessment||104,784||||104,784|131,000| |Maintenance on Church buildings andproperty||19,737||||19,737|21,946| |Telephone and Travel||4,286||||4,286|3,079| |Utilities(insurance,heat and light,water,etc)||54,675||||54,675|62,023| |Depreciation|11|||3,224||3,224|4,365| |Office Expenses||681||||681|1,014| |Internal organisations||||8,909||8,909|21,217| |Professional Fees|9|4,800||||4,800|4,800| |Write off||1,950||||1,950|1,698| |Other expenditure||2,379|1,827|191|216|4,613|21,047| |**Total charitable expenditure**||**217,733**|**3,728**|**12,324**|**216**|**234,001**|**309,028**| |**Net income/(expenditure)**||**(34,345)**|**(1,248)**|**696**|**148**|**(34,749)**|**(45,300)**| |**Transfers between funds**||147|||(147)|0|0| |Gains on investment assets|||||5|5|2| |**Net movement in funds**|20|**(34,198)**|**(1,248)**|**696**|**6**|**(34,744)**|**(45,298)**| |Total funds brought forward||159,799|499,163|12,620,188|108,367|13,387,517|13,432,815| |**Total funds carried forward**||**125,601**|**497,915**|**12,620,884**|**108,373**|**13,352,773**|**13,387,517**| Page **12** of **26** BOURNEMOitrH METHODISTS AccouKfs FOR ThE YEAR ENDED 31" AUGUST 2021 Balance Sheèt as at 31 August 2021 UMestyi¢ted Yotsls2021 Total$2020 lUrrn￿￿edj Flxed Assets land & Buildings Equipment Investments li Q525, 11525.tM)8 28,888 271 12,525.r 32.112 266 li 271 Total 553, 271 11554,167 11557,386 CurrentAssets Stock held forcirtuit 291 291 Debtors and Prepayments Cash at Bank and in hand Trustees for Methodist Churth Purpose5 deposits Central Finance Board Deposits Monies held by Intemal OTES. S6,￿1 214,057 37.2 154.119 242.859 14&9)1 13,153 20,719 27.768 I￿ll12 451949 169,620 27,768 815,rM2 452.557 169.470 25,716 9￿242 6,621 497.915 K102 Currrerrt Llabllltles Credltots and A¢crua15 {thè in under I S416 14436 88,111 Net￿TTent¥55ets Illabllltles) 497,915 .102 830.131 Totolussetsless cuttentllobilitie5 620.884 11&373 13,352,773 13,387,517 Netossets M4 13.387.517 Funds ofthe Chun Unrestricted funds Re5tritted funds 497,915 623,516 620.884 1(*,373 6W962 14620.188 l(A,367 J3J87.517 Endowment funds l(E373 Totsl Funds The notès fonn part of these financÈal statements. Tho financial ststements We￿ by the Board of Trustees (N) 13 January 2023 Y￿re signed on their behalf by: A Cavanagh r*v Tony Cavanagh Superintendent and Chairof CPwrth CourKil Meetir Page 13 of Z6 BOURNEMOUTH METHODISTS ACCOUNTS FOR THE YEAR ENDED 31[st] AUGUST 2021 |**Cash Flow Statement**
Note
Cash outflow/inflow from operating activities
20
Net cash flow from operating activities
Cash flow from investing activities:
Interest received
Net decrease/increase in cash and cash equivalents
Cash and cash equivalents at 01/09
Cash and cash equivalents at 31/08|**2021**
**£**
(58,960)
(58,960)
1,616
(57,344)
861,800
804,456|**2020**
**£**
10,689| |---|---|---| |||10,689| |||4,906| |||15,595
846,205| |||861,800| |||| |Cash at bank and in hand|351,507|409,243| |||| |Short term deposits|452,949|452,557| |Cash and cash equivalents at 31/08|804,456|| |||861,800| Page **14** of **26** BOURNEMOUTH METHODISTS ACCOUNTS FOR THE YEAR ENDED 31[st] AUGUST 2021 ## **Note to the Accounts** ## **Accounting framework and accounting policies** ## **1. Basis of accounting** The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014, the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2015. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. ## **2. Funds** ## The funds held constitute: General funds held for any purpose of the Church which are unrestricted and can be used for a variety of purposes. Designated funds are part of the unrestricted funds which the trustees have earmarked for a particular use or project, without restricting or committing the funds legally. Restricted funds held for a specific purpose include funds held by Internal Organisations within the church and Endowment funds which are investment funds. Details of each material fund and the purpose of those funds are disclosed in note 16. Any funds may be represented by more than just cash. ## **3. Church Buildings** The balance sheet carrying value of the churches premises as at 1 September 2015 of £12,525,008 will be ‘frozen’ and moving forward the trustees will continue to use this value as a ‘deemed’ historical cost figure under FRS102. ## **Accounting policies** ## **Public benefit entity** The Bournemouth Methodist Church meets the definition of a public benefit under FRS02. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s) below. ## **Basis** These accounts have been prepared on the basis of historical cost, except the 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. ## **Content** The financial information presented is relevant, reliable, comparable and complete. The accounts are expressed in £sterling, rounded to the nearest pound. ## **FRS102 SORP2015** These accounts are compliant with FRS102 and with FRS102 SORP. ## **Going Concern** Based on the monetary assets and human resources available at 31 August 2021, the trustees believe that the Church is a going concern and these accounts are prepared on a going concern basis. ## **Income Recognition** Page **15** of **26** ## BOURNEMOUTH METHODISTS ACCOUNTS FOR THE YEAR ENDED 31[st] AUGUST 2021 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. No attempt is made to measure the value of services donated by volunteers. ## **Expenditure** This is recognised when a liability in incurred, or a constructive obligation arises, that results in the payment being unavoidable. Liabilities are recognised as soon as the outflow of economic benefit is considered more likely than not under the legal or constructive obligation committing to Church to pay out resources. Expenditure is allocated to the activities the Charity undertakes in proportion to the level of resources used by each activity. During the current and previous years all expenditure has related to the single activity of furthering the Mission of the Methodist Church. ## **Donations** Donations made by the Church are recognised in full at the time of agreement or when the Church accepts that there is legal or operational obligation to make the payment. When the donation is recurrent over more than one year the balance payable in future years is treated as 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 shown in the accounts at the deemed historical cost figure. No depreciation is provided on the buildings because the trustees consider the current residual fair value to not be less that the acquisition cost. All properties are owned by the Methodist Church of Great Britain. The Church Trustees are the Managing Trustees. Fixtures, fittings and equipment are depreciated on a straight-line basis over the estimated life of the asset of 5 to 15 years. ## **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 are stated at the amounts owed to the Church or prepaid. The liquid funds of bank balances and deposit account balances are shown as realisable values. ## **Creditors** Creditors are initially recognised at settlement amount after trade discounts, where normal credit terms apply or amount advanced to the Church. Subsequently, creditors that are current liabilities are measured at the cash or other consideration expected to be paid. ## **Loans** Where concessionary loans (ie free of interest) are made to (or received by) the Church and are repayable after more than one year, they are initially recognised at the amount paid or received, with the carrying value adjusted in subsequent years to reflect repayments and any accrued interest, adjusted for any impairment, if necessary. There were no loans outstanding at 31[st] August 2021. ## **Charity Merger** The Bournemouth Methodist Church was formed on 1[st] September 2016 as a result of the merger of four charities in the Bournemouth area. The four combining charities were St George’s Methodist Church, Trinity Methodist Church, Victoria Park Methodist Church and Winton Methodist Church. Page **16** of **26** ## BOURNEMOUTH METHODISTS ACCOUNTS FOR THE YEAR ENDED 31[st] AUGUST 2021 |**4. Donations and legacies**|**Unrestricted **|**Designated**|**Restricted **|**Endowment**|**2021**
**Total**|**2020**
**Total**| |---|---|---|---|---|---|---| ||£|£|£|£|£|£| |Collections|81,874||||81,874|107,571| |Tax credits|15,511||||15,511|16,743| |Donations *|2,113|350|||2,463|9,560| |Legacies/ Memorial gifts|5,164||1,000||6,164|5,460| |**Total**|**104,662**|**350**|**1,000**|**0**|**106,012**|**139,334**| |* included in donations are transfers from|internal organisations of|£1,812.50 (YE20 £8,621).||||| |**5. Charitable activities**|**Unrestricted**|**Designated**|**Restricted **|**Endowment**|**2021**
**Total**|**2020**
**Total**| ||£|£|£|£|£|£| |Fundraising|100||||100|5,841| |Lettings|53,234||||53,234|54,336| |Other|586||900||1,486|5,999| |**Total**|**53,920**|**0**|**900**|**0**|**54,820**|**66,176**| |**6. Investment income**|**Unrestricted **|**Designated**|**Restricted **|**Endowment**|**2021**
**Total**|**2020**
**Total**| ||£|£|£|£|£|£| |Central Finance Board|48||26||74|472| |CAF Current|16||||16|288| |TMCP Endowment Interest||||364|364|930| |Other TMCP|298|817|45||1,160|3,216| |**Total**|**362**|**817**|**71**|**364**|**1,614**|**4,906**| ||**Unrestricted**|**Designated **|**Restricted**|**Endowment**|**2021**|**2020**| |**7. Other income**|||||**Total**|**Total**| ||£|£|£|£|£|£| |Internal Organisations income|||11,049||11,049|25,638| |HMRC Furlough grants|8,490|1,313|||9,803|7,893| |Poole Bay Methodist Circuit grant for|loss of|||||| |income due to covid pandemic|15,206||||15,206|17,946| |Other charitable income|30||||30|1,835| |Insurance claim|718||||718|0| |**Total**|**24,444**|**1,313**|**11,049**|**0**|**36,806**|**53,312**| Page **17** of **26** ## BOURNEMOUTH METHODISTS ACCOUNTS FOR THE YEAR ENDED 31[st] AUGUST 2021 ## **8. Payment to Trustees** |**8. Payment to Trustees**||||| |---|---|---|---|---| |
Payments made to trustees for additional services provided to the Church by
agreement with the Church Council Meeting|**2021**
**Total**||**2020**
**Total**|| |Total amount paid to S. Toffoletti as Café Manager
£
Number of trustees who were paid wages in the capacity of Café
Manager/general assistant|1,901||15,257|| ||1||1|| |There were Trustees authorised to purchase items for the Church's use
and were reimbursed the cost of those items.
Total amount paid
£
Number of trustees who were paid business expenses
Independent examiner’s or auditors' fees for reporting on the accounts
£
Other fees (eg: advice, accountancy services) paid to the independent
examiner or auditor
£
**Staff Costs paid during the year were:**
Gross wages, salaries and benefits in kind
£
**10. Paid employees**
**9. Fees for examination or audit of the accounts**|||360
6
**2020**
**Total**
4,800
0
36,839|| ||1,347||360|| ||4
**2021**
**Total**
4,800
0
26,342|||| ||26,342||36,839|| |Total staff costs
£|26,342||36,839|| |No employee earned more than £60,000 per annum (2019: nil)
**Average number of staff employed during the year were:**
Average Full Time Equivalent (FTE) number of staff employed during the
year were:|||5
1.6|| ||4||5|| ||1.2||1.6|| Page **18** of **26** BOURNEMOUTH METHODISTS ACCOUNTS FOR THE YEAR ENDED 31[st] AUGUST 2021 **2021 2020 Total Total** ## **8. Payment to Trustees** |Payments made to trustees for additional services provided to the Church by
agreement with the Church Council Meeting||||| |---|---|---|---|---| |Total amount paid to S. Toffoletti as Café Manager
£
Number of trustees who were paid wages in the capacity of Café
Manager/general assistant|1,901||15,257|| |||||| ||1||1|| |There were Trustees authorised to purchase items for the Church's use
and were reimbursed the cost of those items.
Total amount paid
£
Number of trustees who were paid business expenses
Independent examiner’s or auditors' fees for reporting on the accounts
£
Other fees (eg: advice, accountancy services) paid to the independent
examiner or auditor
£
**Staff Costs paid during the year were:**
Gross wages, salaries and benefits in kind
£
**10. Paid employees**
**9. Fees for examination or audit of the accounts**|||360
6
**2020**
**Total**
4,800
0
36,839|| ||1,347||360|| |||||| ||3||6|| ||**2021**
**Total**|||| ||4,800||4,800|| ||0||0|| ||26,342|||| ||26,342||36,839|| |Total staff costs
£|26,342||36,839|| |No employee earned more than £60,000 per annum (2019: nil)
**Average number of staff employed during the year were:**
Average Full Time Equivalent (FTE) number of staff employed during the
year were:|||5
1.6|| ||4||5|| ||1.2||1.6|| Page **19** of **26** ## BOURNEMOUTH METHODISTS ACCOUNTS FOR THE YEAR ENDED 31[st] AUGUST 2021 ## **11. Tangible Fixed Assets** ||**Church (non**
**investment)**
**land and**
**buildings**
**£**|**Fixtures, fittings**
**and equipment**
**£**|
**Total**
**£**| |---|---|---|---| |**Balance brought forward**|12,525,008|72,667|12,597,675| |Additions|||0| |Disposals|||0| |Transfers *(+/-)|||0| |Balance carried forward|12,525,008|72,667|12,597,675| |**Accumulated depreciation**|||| |Balance brought forward||40,555|40,555| |Depreciation charge foryear||3,224|3,224| |Disposals|||0| |Transfers*(+/-)|||0| |**Balance carried forward**|0|43,779|43,779| |**Net book value**|||| |Brought forward|12,525,008|32,112|12,557,120| |Carried forward|12,525,008|28,888|12,553,896| The church properties at 31st August 2020 are valued at the balance sheet carrying value as at 1 September 2015 of £12,525,008 (deemed historical costs under FRS102). Page **20** of **26** BOURNEMOUTH METHODISTS ACCOUNTS FOR THE YEAR ENDED 31" AUGUST 2021 12. Investments The funds that support the various f unds are held by TMCP in Trustees Interest Funds on which i nterest is credited to the accounts each month. These are regarded as medium and long temi i nvestments. is the legal owner and Custodian Trustee of all Methodist M)del Trust property, including Legacies, Endowments and Accu mLJlated Fu nds. Tnjst 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 dirertion, the Managing Tnjstees comply with charity law and ￿thOd15t law and polity as detemiined by the Methodist Conference. Analysis of investment movements 2021 Total 3J20 Ch￿Se in investment values Total Car market value at be innin ear 2E6 Add- additions to investments at C05t Less- disposals at carrying value Net ains on revaluation Car market value atend of ear 271 Page 21 of 26 ## BOURNEMOUTH METHODISTS ACCOUNTS FOR THE YEAR ENDED 31[st] AUGUST 2021 |,
**14.**
**13.**|**Stock**
**Debtors and prepayments**
Other debtors - Gift Aid reclaims
**Total debtors and prepayments**
**Analysis of cash at bank**
Bank balance held in Natwest Current Account
Bank balance held in Natwest Current Account (BMC Mission)
Bank balance held in CAF Current Account
Bank balance held in CAF Gold
Cash held
Bank balance held in CFB General
Bank balance held in CFB Minibus
Bank balance held in CFB Young People
Bank balance held in CFB VPSS (Int Org)
Bank balance held in CFB VPSS 2 (Int Org)
Bank balance held in CFB Westbourne (Int Org)
Bank balance held in CFB Stay a While (Int Org)
Bank balance held in TMCP Fund 21735 Alice Cox
Bank balance held in TMCP Fund 12411 (Sunday School
Endowment - Int Org)
Bank balance held in TMCP Fund 14945 (Westbourne - Int Org)
Bank balance held in TMCP Fund 18157 Gladys Jones Bequest
Bank balance held in TMCP Fund 19269 (Endowment)
Bank balance held in TMCP Fund 10393 (Legacies)
Bank balance held in TMCP Fund 21174 Eric Burroughs Bequest
TMCP 22140 Jean Turner Bequests
**Analysis of current assets**
Prepayments
Accrued income|**2021**
**Total**
**£**
**291**|**2021**
**Total**
**£**
**291**|**2020**
**Total**
**£**| |---|---|---|---|---| |||||**291**| |||||| |||7,040|


|7,802| |||1,766||19,990| |||1,489||28,359| |||**10,295**||**56,151**| |||55,589
78,990
6,050
126,940
203
10,813
24,435
18,117
225
341
598
1,438
190,001
107
13,153
11
107,995
52,858
87,801
1,023||| |||||72,101| |||||76,154| |||||9,467| |||||169,939| |||||203| |||||10,651| |||||24,337| |||||18,092| |||||225| |||||341| |||||581| |||||1,436| |||||189,742| |||||106| |||||13,151| |||||11| |||||107,995| |||||52,850| |||||87,681| |||||1,021| |||||| ||Other Accounts held byInternal orgs - not in Church control|27,768||25,716| ||**Total Cash and Bank**|**804,456**||**861,800**| ||Creditors
Creditors (Assessment)
Other Creditors (External Organisations)
**Total Current Liabilities**
**Analysis of current liabilities and long term creditors**|||| |||11,020||28,496| |||0||54,575| |||5,416||5,040| |||**16,436**||**88,111**| ## **15. Capital commitments and contingent liabilities** At the 31 st August 2021 the Churches have no capital commitments. No Contingent liabilities were identified at 31st August 2021 (2019/20 £0). Page **22** of **26** ## **16. Detailed analysis of individual fund movements Unrestricted Funds** |**Unrestricted Funds**|||||||| |---|---|---|---|---|---|---|---| |**Fund Name**|**Opening**
**Balance**|**Income**|**Expenditure**|**Transfers**|**Revaluation**
**gains/losses**|**Closing Balance**|**Purpose of Fund**| |General Fund|**159,799**|183,388|(217,733)|147||**125,601**|The general purpose of the church| ||||||||| |Wellspring Café, St Georges|25,621|||||25,621|Ministry set up to run café for local community with
view to assist vunerable members.| |Designated Alice Cox Legacy|190,946|639|(379)|||191,206|For various mission projects| |Designated BMC Mission Centre|77,822|1,663|(3,243)|||76,242|Wellcome Intergenational Café| |Designated Residual Tape, St Georges|296|||||296|Tapes for ministry| |Designated Residual Mission,St Georges|1,072|||||1,072|For the use of specific mission work| |Designated Legacies,Trinity|52,850|178|(106)|||52,922|Legacy left to the church to support the work of
variousprojects| |Designated Building Repair, Trinity|58,247|||||58,247|For building repairs| |Designated Mini Bus, Trinity|13,158|||||13,158|For maintenance of mini bus| |Designated Legacies, Victoria Park|69,650|||||69,650|Monies left to continue purposes of ministry| |Designated Memorial Gifts, Victoria Park|9,418|||||9,418|Monies left to continue purposes of ministry| |Designated Projector, Victoria Park|83|||||83|For maintenance of church projector| |**Total amount of designated funds**||||||**497,915**|| |**Totals**
**Restricted Funds**||||||**623,516**|| ||**658,962**|**185,868**|**(221,461)**|**147**|**0**|**623,516**|| ||||||||| |**Fund Name**|**Opening**
**Balance as**
|**Income**|**Expenditure**|**Transfers**|**Revaluation**
**gains/losses**|**Closing Balance**|**Purpose of Fund**| |Benevolence|**d**
(844)|300||||(544)|Support of individuals in specific need to be used
at the discretion of the Superintendent Minister| |Messy Church, St Georges|242|||||242|Support of Junior church| |Young Peoples Fund, St Georges|18,091|25||||18,116|Support of Youth work| |Young Peoples Fund, Victoria Park|342|||||342|Support of Youth work| |Homeless Project, St Georges|106|||||106|Support of local project assisting the homeless| |Mullins Trust, Trinity|254|||||254|Support teaching on ministry| |Moss 'Bible Fresh', Trinity|199|||||199|Support teaching on ministry| |Encounter, Trinity|100|||||100|Support teaching on ministry| |Restricted donations - Alpha, Trinity|39|||||39|Support teaching of Alpha course & ministry| |Restricted donations - Toddlers, Trinity|685|||||685|Provision of materials for running toddler group| |Toddlers, Winton|76||(79)|||(3)|Provision of materials for running toddler group| |Holiday project|385|||||385|Support of Youth work| |BMC Foodbank|173|||||173|Support ministry work in the community| |Mission work @ Trinity|1,353|600||||1,953|Support of Youth work| |Mission work @ Winton|0|1,000||||1,000|Support of Youth work| |Internal Organisations|41,867|11,095|(9,021)|||43,941|Individual orgs. under control of church council| |Church Buildings Fund|12,557,120||(3,224)|||12,553,896|Church land & buildings and equipment| |**Totals**|**12,620,188**|**13,020**|**(12,324)**|**0**|**0**|**12,620,884**|| |**Endowment Funds**|||||||| |**Restricted Fund Name**|**Opening**
**Balance**|**Income**|**Expenditure**|**Transfers**|**Revaluation**
**gains/losses**|**Closing Balance**|**What the income is used for**| |TMCP Fund 19269, Trinity|107,995|363|(216)|(147)||107,995|Support of Youth work| |Victoria Park Sunday School TCMP 12411|372|1|0||5|378|Support of Junior church| |**Totals**|**108,367**|**364**|Pag
**(216)**|e**23**of
**(147)**|**26**
**5**|**108,373**|23| ## **Note 16 Continued** |||**Opening**|**Income**|**Expenditure**|**Transfers**|**Revaluation**|**Closing Balance**| |---|---|---|---|---|---|---|---| |**SUMMARY**||**Balance**||||**gains/losses**|| |**General Fund**||159,799|183,388|(217,733)|147|0|125,601| |**Designated Funds**||499,163|2,480|(3,728)|0|0|497,915| |**Sub- total General/Designated**||658,962|185,868|(221,461)|147|0|623,516| |**Restricted Funds**||12,620,188|13,020|(12,324)|0|0|12,620,884| |**Endowment Funds**||108,367|364|(216)|(147)|5|108,373| ||**TOTAL**|**13,387,517**|**199,252**|**(234,001)**|**0**|**5**|**13,352,773**| |**SUMMARY**|**Opening**
**Balance**|**Opening**
**Balance**|**Opening**
**Balance**|**Income**|**Income**|**Expenditure**|**Expenditure**|**Transfers**|**Transfers**|**Revaluation**
**gains/losses**|**Revaluation**
**gains/losses**|**Closing Balance**|**Closing Balance**|**Closing Balance**| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |**General Fund**|159,799|||183,388||(217,733)||147||0||125,601||| |**Designated Funds**|499,163|||2,480||(3,728)||0||0||497,915||| |**Sub- total General/Designated**|658,962|||185,868||(221,461)||147||0||623,516||| |**Restricted Funds**|12,620,188|||13,020||(12,324)||0||0||12,620,884||| |**Endowment Funds**|108,367|||364||(216)||(147)||5||108,373||| |**TOTAL**|**13,387,517**|||**199,252**||**(234,001)**||**0**||**5**||**13,352,773**||| |**Internal Organisations (see note 16)**
**St George's**
Internal Organisations
**Opening**
**balance**
**prior**
**period**
**receipts**
**prior**
**period**
**payment**
**Receipts**
**Payments**
**Internal**
**Transfers**
Mothers & Toddlers
218
18/80
383
**Total**
**601**
**0**
**0**
**0**
**0**
**0**
**Trinity**
Internal Organisations
Opening
balance
**p/p**
**receipts**
**p/p**
**payment**
Receipts
Payments
Internal
Transfers
Smile
626
2nd Bournemouth Boys Brigade
13,219
1,610
(1,000)
**Total**
**13,845**
**0**
**0**
**1,610**
**(1,000)**
**0**
**Victoria Park**||||||||||||||| |||||||||||||||**Closing**
**balances**| |||||||||||||||218| |||||||||||||||383| |||||||||||||||**601**| |||||||||||||||| |Internal Organisations||Opening
balance|**p/p**
**receipts**||**p/p**
**payment**||Receipts||Payments||Internal
Transfers|||Closing
balances| |Smile||626||||||||||||626| |2nd Bournemouth Boys Brigade||13,219|||||1,610||(1,000)|||||13,829| |**Total**||**13,845**|**0**||**0**||**1,610**||**(1,000)**||**0**|||**14,455**| |**Victoria Park**||||||||||||||| |Internal Organisations||Opening
balance|**p/p**
**receipts**||**p/p**
**payment**||Receipts||Payments||Internal
Transfers|||Closing
balances| |Parents and Toddlers||246|||||439||(213)||(438)|||34| |WednesdayGroup||300||||||||||||300| |Drama Group||5,159|||||20||||(1,000)|||4,179| |Badmington Group||260|||||1|||||||261| |Staya While *||3,636|||||8,877||(5,553)||(675)|||6,285| |Flower Fund||834|||||||(30)|||||804| |Carpet bowls||0|||||103|||||||103| |SundayExplorers **||566||||||||||||566| |Girls Brigade||375||||||||||||375| |Westbourne Fellowship***||13,818|||||45||(112)|||||13,751| |**Total**||**25,194**|**0**||**0**||**9,485**||**(5,908)**||**(2,113)**|||**26,658**| |**Winton**||||||||||||||| |Internal Organisations||Opening
balance|**p/p**
**receipts**||**p/p**
**payment**||Receipts||Payments||Internal
Transfers|||Closing
balances| |TuesdayFellowship||848||||||||||||848| |Open House||72||||||||||||72| |Flower Fund||854||||||||||||854| |**Total**||**1,774**|**0**||**0**||**0**||**0**||**0**|||**1,774**| |||||||||||||||| |BMC Sleepsafe||453|||||||||0|||**453**| |**Total**|||||||||**£**
**43,941**|||||| |**Cash held in designated bank accounts (included in above totals):**
* Bank balance held in CFB Stay a While (Int Org)
** Bank balance held in CFB VPSS (Int Org)
** Bank balance held in CFB VPSS 2 (Int Org)
*** Bank balance held in CFB Westbourne (Int Org)
*** Bank balance held in TMCP Fund 14945 (Westbourne - Int Org)
**Total**|||||||||1,437.81
224.91
341.41
597.53
13,152.88||




|||| ||||||||||**15,754.54**|||||| |Residual balance St George's
**Total (less cash deposits ex. Sleepsafe)**|||||||||35
**£**
**27,768**|||||| Page **24** of **26** BOURNEMOUTH METHODISTS ACCOUNTS FOR THE YEAR ENDED 31[st] AUGUST 2021 ## **17. Related party transactions** There were no related party transactions during the period (2019-20 £0) except for the transactions with Trustees disclosed in Note 8 of these accounts. ## **18. For information only - Money received and passed on to External Organisations** |**Name of Church**
**St George's**
**Balance brought forward from last year**
Offerings/Gifts - received for External Organisations
Offerings/Gifts - passed to External Organisations
**Balance carried forward**
**Trinity**
**Balance brought forward from last year**
Offerings/Gifts - received for External Organisations
Offerings/Gifts - passed to External Organisations
**Balance carried forward**
**Victoria Park**
**Balance brought forward from last year**
Offerings/Gifts - received for External Organisations
Offerings/Gifts - passed to External Organisations
**Balance carried forward**
**Winton**
**Balance brought forward from last year**
Offerings/Gifts - received for External Organisations
Offerings/Gifts - passed to External Organisations
**Balance carried forward**||**2020-21**|**2020-21**|**2019-20**| |---|---|---|---|---| |||**253**||**(318)**| |||-||617| |||-||(46)| |||**253**||**253**| |||||| |||**727**||**444**| |||-||283| |||-||-| |||**727**||**727**| |||||| |||**2,526**||**1,868**| |||848||658| |||(725)||-| |||**2,649**||**2,526**| |||||| |||**1,534**||**1,175**| |||253||359| |||-||-| |||**1,787**||**1,534**| Page **25** of **26** BOURNEMOUTH METHODISTS ACCOUNTS FOR THE YEAR ENDED 31[st] AUGUST 2021 ## **19. Volunteers** Every entity (Connexion, District, Circuit, Church) within the Methodist Church in Great Britain is heavily reliant on volunteers who contribute their skills, time and money in the furtherance of the work of the Church. We are grateful to all of them for their help and commitment. No attempt has been made by the Church to value the non-monetary contributions to the Church in monetary terms. ## **20. Reconcilation of net income & expenditure to net cash flow from operating activities** |Net Movement in funds per SOFA
Interest receivable
Depreciation of tangible fixed assets
Gains on investments
Decrease/(Increase)in debtors
(Decrease)/Increase in creditors
Net cash flow from operating activities|2021
£||2020
£| |---|---|---|---| ||(34,744)
(1,616)
3,224
(5)
45,856
(71,675)||(51,650)
(4,906)
4,365
(2)
(2,338)
65,220| ||(58,960)||10,689| These accounts are compliant with FRS102 and with FRS102 SORP 2019. Page **26** of **26**