Submission of Accounts to Charity Commission Rivercourt Methodist Church Year Ended 31 August 2021 Section One: Trustee's Report Section Two: Charity Commission - Independent Examiner's Report on the Accounts Section Three: Methodist Church - Standard Form of Accounts Section Four: Simplified Form of Accounts
Rivercourt Ilethodist Church (LIIQ Trusteeb Reporr to the Chariti. Commission September ?O?O to 4ugust 2021 Church .Iddress: King -Srree¢ Hammersmith, London W'6 91F Circuit Chelsea, Hammersmith & bulham 35/04 District Lx)ndon C.hariry' Number 1133940 Iini%tL'r in Charge: Revd. Iesinga I'unipola "rru%ieeb ar 31 .lug 2021 Revd. lesinga I'unipola - Chair I Ir. Stephen Iawrence - Treasurer ,NIr. Kwaku Tieku - Organist Is. Juliana Goode Is. Joan Bennett Ir. -{. .4. ,II. Grigg Ils. N'anessa Brackett Bookkeeper Nlr. Solomon Sackei. -luditor -4ntippa & Compan!, Ltd. (.Ingelo G. ,4ntippa) 'I'rustee% One trustee resigned during the financial )'ear. The minister is alwal's Chair of the Trustees and is appointed to one or more Churches in our Circuit (charit) 1133940). They are choben b!, the c.onference and paid b}, the Circuit. Their level of pa!, is detern]ined b!" the Gonference of the British Nlcthodist Church (ChariTh' number 1132208). Our current minister is Revd. lesinga ('Singa) I'unipo]a. The onl). other mistee paid b!" Rivercoun is Kwaku Tieku. He pla!"5 the organ at senryces and is a trained music therapist. He is an excellent organist and communicator which m2kes him one of eat assets to ILIIC. tion e tr+tatted the financi211.ear with ILIIC closed for reh. Pa8elof5 ous
services. It eventuall!. re-opened on ?4, June. Thus, we have onl! been open for a couple months of this financial year. Because we have an clderl!. congregation, some LIIC members have not vet returned. 'e also nonnalli. have some tOUriSLS in attendance as we are locaied on 2 major street in W'esr Lnndon. -{ lack of tourists has dried up thar source of worshippers. .In average of ?) people artended Rivercourt services before the pandemic in 2020. There were approximatel}, 50 members. Revd I'unipola is Tongan and head of the Tongan fellowship Communin". She attracts a large number of Tong2ns to RNIC. ..Uthough our congregation has been 10 to 15 since re-opening, it could swell to two or three rimes that number depending on who is preaching. RIIC is 2 member of the Chelsea, Hammersmith & Fulham Circuir, which consists of five Ilethodist churche%.. .Iskew Road, Ghelsca, Fulham Broadwa!", Rivercourr and Shepherd's Bush Road. From the start of the financial }tear all the churches in the Circuit had started running £oom Services. In general, .4skew Road ran their own service. The other churches, including ILNIC had combined Zoom serKryces, led b) presb1.ters and local preachers in the Circuit with occasional guest ministers who were free. The Circuir also staned Zoom Circuit %ervices one Sund2)T a month. Caiing for members who are sheltering and not computer hterate has been a challenge. ome older members did not want to do Zoom and the Tongans st2rted running rheir own senrices which are mainls: delivered in their native hnguage. Tongan Once lockdown ends completel!., we will be able to have a more rease idea OE likeli. numbers in forward. .Ilini%fL'rial Oversight Revd. Singa compleied her second !Tear with us in .lugust 2021. Ve share her ministr%" with Shepherd's Bush Road Church. Singa was happN' to cotne to KK est kn)ndon as it is a good location for her Cang to minister to the Tongan Fellowskn'p in addition to her Circuit re8ponsibdirie%. -%he began her role in the Circuit in -lugust ol ?019. Her appuintment should lasr five )ears. She will haN'e rcached retirement age prior to the end of her appointment. She could then retirc. If bhe chooses to sta ' on and the Circuit Page2of5
votes fnr her ro continue, she could opt-in for another five years or less as she be eligible to reiire. The superintendent of our Circuit wenr off on sick Icave in December. He is currendi- stdl on sick leave at the end of this financial l'ear. Revd Singa is thc senior presbl'rer in the Circuit. "Il)is meanb bhe has had to take on è+ome Superintendent responsibiliries in addirion to her church responsibilities. efi]llN' this situation will resolve itself in the next financial ear. Building RIIC is an impressive church (insured value £1 0,84? 160 as of 24 June 20?1) from bnrh the inside and outside. It opened in 1875. It was converted in the latc 1990s ro provide flexibibti. in a modern worship space. Ihis is both a blessing and a curse. The blessing is that as a high srreet church, there are many people passing b!. the building expressing a genuine interest inio what is going on inside and stopping ro prai". Its location close to both bus and tube 8eThryces make it an eas!. place ro have meetings, classcs or other get togethers. The curse of a large church is its upkeep, which is a major cost of time and mone!. for the Trustees. In recent }'exrs we have had exceprion21 costs for the spire and the roof. Our last cost for the roof was the 50/0 retenrion fee which came due in June 2021. .{ dark da!. for ILIIC was the 121h of Jul!:. .45 we moved close ro the end of the financ l'ear and the end of the tenant's lease, both 31:, .lugust, a tottential rain flooded the local sewer s}Fstem which caused sewage ro b2ck up through basement toilets into the nursery" which operates in the basement. LuckilN', we were insured as b!. the end of .4ugust builders beh'eve thcir work nor be complete until December 2021, which means that the nurben. have to use ILIIC for cla¥+srooms. So lat Ilethodist Insurance have been veTh' su onive. inancial .Iccounts 2020-21 saw a drop in receipts. The rent from the nurqer! school incre2sL.d. as nur%crics %ta!"ed open throughout Ihe financial year despite the pandemic. The nursery" renr was paid at the increased amount negotiated from the prewous i'ear. Income from the Church Hau declined dramaticalls as the pandemic caused the bottom to dtop out ol the letting market across the board from dance groups and classes to rehearsal space for opera companies. Other income was down where furlough gains of the administraror And cusrodian cosis were more than offsL't los% b . the one-off Page3of5
grant for roof repairs. Xle had a massive drop in pa!Thents as a resulr of the previous i"earfs cost of roof mainEen2nce. Insurance wa!. up as ILIIC was re-rared bi" Ilethodist Insurance. "I'lu"s onl!, occurs once every few i.ears so die cosis should not rise for the nexr few }'ears unless we have expensive claims. Iater in the repott it shows that in fact we did have a massive claim just near the end of the financial year X'e also had a rise in other pa!Thents which were tied to the reopening. This included a deep clcan fot the entire Church 2s well as qignage. special bins, costs for tracking clcaning, hand sanitizers and mask%. IX e should be able ro claim these cosr8 back next year from a LA)ndon Disttict tund tLIIC should also receive rents from three properties in adjoining 'vercourt House. IX e receive rental pa!Theni from 2 flat that the ILIIC collects. The other two properries are managed b) the IA)ndon Committee in exchange for rent collected on a fourth propLrn' in RiN'ercourt House. This renr goes direcd}' to the IA)ndon Committee. The agents who operate on beh21f of the LA>ndon Committee, setting and collecring rent have not been doing so 2nd the LA)ndon CoTnmittee are nor tracking thc work these agents do. 'fhis could cau>*e a challenge in the ncxt financial )'L'ar for Rllc. Our receiprs were down our costs dropped dramaticall). which resulEed in a small profit for the l'ear of £1029. .41though reserve¥ are below what the!" should be 2nd the damage to the nurseTh- of the sewage backup remains uncertain, the future should bc rosi" as tenants rerurn to the building along with the congregauon who has become tired of Zoom services. Zoom will certainl)- be used for Bible Studies, Funerals and Weddings However. people are read!, to ben worshiping together as a ongregation. Rc%erve Reserves are the amount of mone!, held b). ILIIC in case of unforeseen circumstances. ILIIC aims to keep six months of easdy acccssible cash available. In 2019-20 our bank account (Central Board of Finance) took a massiiTe hit. In this year the amount held b!. the Cenrrnl Bank went up a shght amount. In the past l'ear the ILIIC held the line against the problems of the previous Iyear. IE the nursefj. repairs are completed and the ro ertieti ad"2ccnt to ILIIC srart havin their rents collected Page4of5
regularl!,, next l'ear could consist of ILIIC getting its re¥+erves back where the!. belong and allow for needed changes such as painting and upgrading technolo.. The Church is l ?5 l-ears old 2nd maintenance costr are very hgh whether or nor the building is in use. Ixle will havc to reduce costs and reli. on savings while lertings build back up again post Covid. Iuch of our work in thc community. is the result of having a space that ts exttemel!, usable. With a small congregation the building ha% tn break even. Our savings reserves will tend to fluctuate berween u%t over and ' u4t under 50 /0 of the out oin Rivercourt received no special granrs from CJovernment or private interests. Ix'e took advantage of the Govcrnmcnt Job Retention .%cheme and pur our Thvo emploiees, church administraror and custodian, on fLlOUgh while srill paNing 20 % of their salari,. Income was als.o derived from pubbc giving. lettings and users of ILIIC irself. No professional tundraisers were used. , monies raised and spent were done so in England. ()thLr .4patt from the pandemic and the sewage backup, no other serious incident occurred durin the i'ear, either re orted or unre otted. %teve Lawrence - Church Treasurer RL'vd. %inga I'unipola - Ilinister Page5of5
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent EXaMineS Report Report to the trusteesl members of LH On accounts for the year ended Charity no (rf any) Set out on pages - 2 . I report to the trustees on my examination of the accounts of the above chanty (Ihe Trust") for the year erKled 3 i /0 S/ ioil As charitS trustees. you are responsible for the preparation of the accounts in accordance wrth the requirements of the Charrties Act 2011 (Ihe Acr) Responslblllties and basis of report I report in resp of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have follo1 all the apFlicable DirerAions given by the Chanty Commission under section 145{5)(b) of the A Independent examinerfs statement apPh6 bodyll. Dete l ] rfnot applicable. I have completed my examination. I confim that no material matters have come to my attention in connectK)n wtth the examination {gtkeFI dis61") whith gives me cause to believe that in, any material respect: the accounling records e not kept in accordance with section 130 of the Charibes Act; or the aGcounts dKI not accord the accounting records,. or the accounts dKJ not comply wtlh the applicable requirements conceming the fomi and content of accounts set out in the Charities {Accounts and Rew1s} Regulations 2008 other than any requirement that the accounts give a Irue and fairf view which is not a matter considered as part of an independent examination. I have no con¢ems and have come a0$$ no other matters in conne¢tion with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be aChed. . Please delete Ihe wonts in the brackets rfthey do not apply. Signed: Date: IZ 2• Namo: Relevant professional qualificationls) or body FLr4 tT IER Oct 2018
Irf any): Addrtss: L. I Section 8 Disclosure Only complete rf the examiner needs to highlight material matters of conrn {see CC32. Ir¥Jependent examinats'on of charty accounts.. directions and guidan for examiner5). Give here brief details of I any items that the examiner wishes to disclose. IER Oct 2018
CHARITY COMMISSION FOR ENfjLAND AND WALES Recei tsand ents accounts CC16a Forthe period To Section A Receipts and payments Unrestrict•d fuFKIs Ptrt¢tell fund5 Endowment Total fund5 Last ytrar A1 RecLy 10.054 fQ,054 13,655 7t.514 491 6.371 LBthn95 Ini> Bank In[¥1 HMRC grant Jab Sclvne 310 ARJ 93.755 91755 171341 93,755 91755 A3Pa Chutth rjtwl 11811 13.554 a973 12.841 13.$54 28.9n 87.351 IitstB5 si¥IF(tsts 26.991 100 10.510 11130 I3,1• Sub to 1SB,49S Sub tolal 1365 92.726 92,728 160,860 Net 0frn¢w"m{payMffitsJ AS Transfers between funds A6 Calh funds last year end Cash funds this year•nd 1.029 48,519 47.066 47,066 46.037 CCXX R1 acoyJnts ISSI 29111r2021
Section B Statement of assets and liabilities at the end of the period Unrvstrlct•d Restrl¢ted fund ts) n•arMt£ Endowmtnl funds to B1 Cash funds 47.Q51 15 Total cash funds 47,066 funds to far•t£ fundB to ngarnstf Ftsndtotlh Cost{opknall Cuffentvalu onal B3 Inv•stm•nt assèts Costlopttmall Cuff•nttAIuB charity's uso wnd BS U•biliti by ¢Jn ha¥ of all Ihe trustses &gnatu Flwrt Name Date of roval CCXX R2 actertjnts ISSI 2911112021
CHURCH (Short Fom) RECEIPTS AND PAYMENTS ACCOUNTS THE METHODIST CHURCH STANDARD FORM OF ACCOUNTS (SHORT FORM) Rivercourt Methodist Church FOR THE YEAR ENDED 31 August 2021 (I Ji Circult Clrcuit no Registored Chartty - Charity Registration number 1174328 If not a registered charity Hw IAaiosty's Revenue and Customs Gift Aid numbor (The HMRC number is equivalent to a registered charity nurnber in tenns of evidence of charttable status and may be used to give to dorK)rs or grant funders 7Mshing to see eviden of the organisation's charitable status. Methodist charities in England and Wales that are not lStered tharities are excepted from registration under Statutory Instrument 2014 No.242) Minister. Church Stewards: Treasurer.. Churth short Sld frym ofac£ts 2012 R PJ 1d4
Chwc Rivercourt Methodist ct•Jr¢h SECnOII A RECE iO.D54 13.6 491 a3 71.514 15 1%) .881 TOTLRECE 93,755 112.341 SECIION b1 PAVIIEFITS 02 12.841 67.351 13.554 9,513 42.131 39.866 91n6 110.8fjQ b7 TOTAL PAY¥Epirs SECTION C a6-bT 148.5191 C1 Topi h$ 48 037 TOTAL FLWIDSATEIKIOF YEAR 6,037 siai&rets ofan io.w.a20 I1.843.5 SECIW)F4 D ANJLYSL8 OF FIJI d1 BaWW atTklCP a131 hEbJatCF8at31 30.434 d3 16ABI 15.603 47 SECllOW E e2 BL4JXE SrnL TO BE PA ei•e2•31 I1 vk
Name of Church". Rivercourt Methodist Church No ............. Declarations and Scrutiny I confim that these ReIpt and Payment based accounts for the year to 31 August 2021 have been prepared from the records of the Church and that they indude all funds under the control of the Churd) trustees. Signature of treasurer ... Name and address of treasurer .S. l&.4/d-... . Post Code..W b l?".t Presentation to the Church trustees I confim that the annual report arKJ accounts for the year ended 31 August 2021 weAMII be. presented to the meetinq of the Church trustees held on .. Signature of the Chair of the meeting Narne of the Chair of the meeting 1£10 612022 Independent Examinerfs Report to the Trustees of the Rivercourt Methodist Church Charity Number 1174328 Responsibilities and basis of report I report to the trustees on my examinth.on of the accounts of the Rivercourt Meth¢)dist Church for the year ended 31 August 2021 set out on page 2. As the Church's trustees, you are responsible for the preparation of the accounts in accordan *ith the requirements of the Charities Act 20111.the ACY). I report in respect of my examination of the Church's accounts carried out under section 145 of ihe Act and. in carying out my examinats"on, I have followed all the applicabte Direcbons given by the Charity Commission under seciion 145(5){b) of the Act. ' delete or circle as appropriate 3of4
Name of Church: Rivercourt Methodist Church No .. Independont Examinerfs Statement I have corneted my examination. I confinn that no material matters have come to My attention in conrtttion with the examination which give me cause to believe that in. any merial respect.. the accountiro records were not kept in accordan with section 130 of the Act" or the accounts do not accord vthh the attounting records. I have no concerns and have come across no other matters connection with the examination to which attention should be draTr in this report in order to enable a proper understanding of the accounts to be r*ched. I have obtained independent verification of all investmenis vAth the Trustees for Methodist Church Purposes or hekl in other trusts. bank balances and fijnds at the Central Finance Board of the Methodist Church which are individually in excess of £10.( (ten thousand pounds) at the balance sheet date. Signature of independent examiner Name of indepèndent examiner. Angelo Antippa. Director Relevant professional qualification of irNJependent examiner. FCA CTA Name of (where apprwiate>: Antippa & Company Ltd, Chartered Accountants Addr.. 17 Copthall Gardens. Twckenham. TW14HH Date: 12 February 2022 Chwth short Std fom of R.W2012.xls
Rivercourt Methodist Church Accounts Year ended 31 August 2021
Rivereourt Methodist Church Receipts and payments summary Year ended 31 August 2021 2021 2020 Reeempts Voluni income: Collections. donations and Gift Aid 10.054 13.655 Rental income: Shops and flal Church basement 22.487 37.8(K) 8.222 18.626 31.500 21.388 Church hall lettings 68.509 71.514 Other incom¢'. Bank interest HMRC grants - Job reieniion scheme Coniribution tow'ards costs from tenants Grant for roof repairs 42 14.870 280 491 6.371 310 20.000 112.341 93.7)5 Payments Circuii assessment SiafTsalaries and National Insurance Organist Property maintenance Insurance 24.000 28.973 1.640 12.841 9.768 2.314 1.472 3.972 590 24.000 26,991 2,400 87.351 3,800 4.906 837 1,372 933 2,921 730 812 Lighi and heating Water rates Cleaning and refuse collection Telephone and internet Professional fees and engineering report Accountancy Postage and stationery Travel Gifts and donations Other payments - Covid supplies. flowers. eic. Purchase of equipment 730 1.209 70 70 loo 200 1.272 2.365 -160.860 -92,726 Surplusl-Defieit of receipts over payments £1.029 -£48519
Rivercourt Methodist Church Balance Sheet As at 31 August 2021 2021 2020 Gen¢ral Fund Accumulated surplus ai I Sep1¢mr 2020 Add: Surplus for th¢ year 2021 A¢¢umulated surplus at 31 August 2021 46.037 94.556 1.029 £47,066 48.519 £46,037 resented b Bank and cash Central Board of Finance bank dewsit account HSBC bank current accounl Petty cash Total fund5 at 31 August 2021 30.605 16.446 30.434 15.499 104 £47,066 £46.037