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2023-08-31-accounts

SOUTH CHADDERTON METHODIST CHURCH

TRUSTEES’ ANNUAL REPORT FOR THE PERIOD FROM 1[ST] SEPTEMBER 2022 TO 31[ST] AUGUST 2023

A. REFERENCE AND ADMINISTRATIVE DETAILS

Charity Name: South Chadderton Methodist Church Registered Charity Number: 1174772 Charity Principal Address: Thompson Lane, Chadderton, Oldham, OL9 8LX Names of Charity Trustees: The trustees are the members of South Chadderton Methodist Church Council. Attachment A lists the names of all trustees who served during the reporting period and also any appointed between 31[st] August 2023 and the date of approval of this report

Names of Trustees for the Charity: The church building is held on Model Trusts and the custodian trustees , holding legal title for the property, are the Trustees for Methodist Church Purposes (TMCP). South Chadderton Methodist Church Council acts as managing trustees for the church building.

B. STRUCTURE, GOVERNANCE AND MANAGEMENT

South Chadderton Methodist Church is part of the Methodist Church of Great Britain.

Type of Governing Document: Deed of Union (1932) and Methodist Church Act (1976) How the Charity is Constituted: Act of Parliament Trustee Selection Methods:

The minister appointed by the Oldham Methodist Circuit Meeting to be responsible for South Chadderton Methodist Church is ex-officio chair of the trustees. Other ex-officio trustees include the church stewards appointed by church members at the Annual General Church Meeting, the church treasurer, the church council secretary, the director of music in worship, the property steward, and the pastoral secretary.

Up to eight trustees may be appointed by church members at the Annual General Church Meeting and also some trustees may be appointed by existing trustees to ensure that the different ministries within the church are represented.

One trustee may be appointed by the circuit stewards of the Oldham Methodist Circuit.

On appointment, all trustees are made aware of the duties and responsibilities of trustees through relevant guidance notes issued by the Charity Commission.

Additional Information:

Structure

South Chadderton Methodist Church is currently one of fourteen churches in the Oldham Methodist Circuit, which in turn is part of the Manchester and Stockport District of the Methodist Church.

The church treasurer plus one church steward are now ex-officio members of the Oldham Methodist Circuit Meeting, providing the trustees with an important link to the wider structures of the Methodist church.

Governance

Detailed governance arrangements are outlined within the Constitutional Practice and Discipline of the Methodist Church (CPD) by order of the annual Conference.

Organisation and Management

The Church council Secretary resigned during the reporting period and a new secretary was appointed. An assistant treasurer was also appointed and appointed as a trustee

The trustees (the Church Council) normally meet three times per year. They are responsible for making decisions on all matters associated with the church’s mission, and for management of the church’s property and funds.

Three Church Council meetings took place during the year ended 31[st] August 2023.

1

A church leadership team, consisting of the minister, the six church stewards, the director of music in worship, the church treasurer and the property steward, is responsible for providing leadership over the whole range of the church’s life and activity. The team meets around nine times per year. It acts in accord with the decisions and policies of the trustees and has limited powers to transact business on behalf of the trustees between trustees’ meetings.

Risk Management

The trustees regularly review the risks faced by the church, both financial and otherwise; professional advice is taken, when required. Procedures and guidelines for mitigating risks issued by the Methodist Church and others are also consulted, for example:

Safeguarding Procedures. The Methodist Church’s robust safeguarding policy and safeguarding procedures are adopted by the church in its ‘Safeguarding Children and Vulnerable Adults Policy’, which is reviewed annually. All volunteers working with children and vulnerable adults receive formal safeguarding training. Safeguarding is an agenda item at every meeting of the Church Council.

Data Protection Procedures . The church complies with the Methodist Church’s Data Protection Policy concerning the use and protection of personal data. A GDPR audit is conducted annually.

Health and Safety Procedures. The church has a written health and safety policy which is subject to annual review; health and safety is also normally an agenda item at every meeting of the Church Council.

C. CHARITABLE OBJECTIVES AND MAIN ACTIVITIES

Summary of the Objects of the Charity set out in its Governing Document

The purposes of the Methodist Church are and shall be deemed to have been since the date of Union:

Summary of the Main Activities undertaken for Public Benefit in Relation to these Objects

We confirm that the trustees have regard to the Charity Commission’s guidance on public benefit, including the specific guidance on charities for the advancement of religion.

South Chadderton Methodist Church aims to live out the Calling of the Methodist Church, summarised as:

This is encapsulated within the church’s mission statement ‘Celebrating God’s love, connecting with Jesus, and caring for Chadderton and beyond’. This has been expanded to “To be a community of Christians who:

In accord with the mission statement, the trustees are committed to reaching as many people as possible in the local area in numerous ways, normally including:

2

Almost all these activities are heavily reliant on the input of volunteers who give freely of their time and talents to assist with the ministries of the church. The trustees extend their thanks to all who contribute in this way.

D. ACHIEVEMENTS AND PERFORMANCE

Minister in Pastoral Charge

Rev Dr Kennedy Gondongwe, a minister from Zimbabwe, took pastoral charge of the church from 1[st] September 2022.

Community Work Development and Building Development Projects

Community Work Development. Before the Covid-19 pandemic, as part of the exercise to become more accessible to the local community, Meeting Point was introduced. Meeting Point offers a warm welcome, a simple meal, and a gentle exercise session. Meetings continued weekly throughout the reporting period on Wednesdays from 1.00 p.m. to 3.00 p.m. apart from during holiday periods. Around 25 people plus volunteer helpers attend each session.

.

Building Development. Having hoped to carry out development of the building in previous years the Trustees reconsidered the needs of the Church and the funding available and it was decided to carry out alterations to provide a new extended kitchen. Plans were drawn up and the work commenced towards the end of the reporting period.

Worship, Prayer and Discipleship

Sunday worship services in church took place weekly at 10.45 a.m. On several occasions during the year the form of worship at 10.45 a.m. was structured as All-Age Worship to include the whole of the church family.

To provide the wider community with an opportunity to participate in worship, the necessary equipment for livestreaming Sunday worship was purchased in summer 2021 and from September 2021, services were livestreamed on our YouTube channel and are available to view retrospectively

Five small groups of church members (Home Groups) continued weekly meetings for fellowship and Bible study.

Pastoral Care

73 people were identified as church members in March 2023, a fall of 7 members from the 2021 figure. The existing system for providing pastoral care continued. Six people now act as pastoral visitors, three others act as pastoral links to households, and home group leaders act as pastoral links to members of their home group.

Work with Children and Young People

Tots’ Time (Thursdays 9.00 a.m. to 11.00 a.m.). Tots’ Time continued to meet weekly during termtime... Around 30 children plus adults now attend each session and they find it to be a good and safe place for the children to meet. New people continue to turn up on a regular basis.

Boys’ Brigade/Girls’ Association (Wednesdays 6.30 p.m. to 7.30 p.m.). Meetings continued, with activities for Anchors and Juniors (boys and girls from five to eleven years old). 11 children regularly attend.

Kidsworx. Kidsworx on Sunday mornings has continued and about 14 children of varying ages now meet with their leaders during Sunday morning worship. Plans have been formulated for a change in structure from September 2023 so that there will be 2 separate age groups

3

Transforming Lives for Good (TLG). Volunteers work within local schools as coaches to children who struggle in the school environment for various reasons, supporting a national project to provide hope and a future for disadvantaged children.

E. FINANCIAL REVIEW

Review of Accounts for Year Ended 31[st] August 2023

Unrestricted Funds

Receipts during the year ended 31[st] August 2023 totalled £57,563.50, (£21,495.22 lower than in the previous year.

Receipts from the weekly/monthly offerings of the congregation and the associated Gift Aid/GASDS tax recovery amounted to £45,073.92 (£38,130.02 from the offering and £6,943.90 from Gift Aid/GASDS tax recovery). The total receipts from these sources were similar to the previous year (£45,014.07). Receipts from the offering/tax recovery remain around £20,000 lower than in the year before the pandemic.

£5990.00 was received from letting the church premises as a Covid-19 vaccination centre (£10,185.00 less than the previous year since use of the premises for this purpose ceased in Spring 2023) Income from lettings will thus fall in the coming year.

‘Other receipts’ amounted to £6290.00, a decrease of £11,566.26 from the previous year when a substantial legacy (£17,501.26) was received. An appeal for church funds in January 2023 raised £3035.00, two gifts of £1,000 each and a legacy of £1,000 were also received during the year.

Payments from unrestricted funds totalled £89,970.98 with the most significant item being the payment of the annual assessment levied by the Oldham Methodist Circuit, which amounted to £42,432.00. This was substantially higher than the previous year (£31,824) when a one-off reduction of 25% was granted to member churches to acknowledge the common financial difficulties arising from the Covid-19 pandemic.

The church continues to commit at least 10% of unrestricted receipts from the offering and tax recovered to charities and causes nominated by the trustees. This is known as the ‘missionary tithe’ and the list of recipients is normally reviewed by the trustees every three years. The ‘donations’ section of the accounts for the year ended 31[st] August 2023 includes the payment of the missionary tithe for the year, amounting to £6,000.00 which was divided equally among four different charities (Tearfund, Transforming Lives for Good, Boaz and Christians Against Poverty). A gift of £2,500 was made in response to a medical emergency and a further gift of £900.00 was made to Transforming Lives for Good. Other, smaller, charitable donations together amounted to £612.00, resulting in total gifts of £10,012.00 to charitable causes (as compared with £7,032 in the previous year).

Payments for repairs/maintenance amounted to £25,256.80, significantly more than the previous year (£2,183.64). The increase was largely associated with the extension and re-fitting of the church kitchen (21,353.06) to accommodate the extra catering associated with the continuing expansion of community work through Meeting Point etc. A professional survey of the roof over the worship area (cost £1,000.00) was undertaken, prior to commencing major roof works in 2023-2024 to address water ingress. Payments for utilities/insurance amounted to £5,206.48, similar to the previous year. Other payments, totalled £6,876.31. This included church cleaning (£2,845.00), printing/stationery (£1,356.42), telephone (£1,013.77), CCLI licences (£552.88) and a number of smaller payments, together totalling £1108.24.

The sum held as unrestricted funds decreased from £194,448.19 at the start of the year to £162,040.71 at 31[st]

August 2023, a decrease of £32,407.48.

Restricted Funds

Restricted funds receipts (£3,139.23) during the year ended 31[st] August 2023 comprised grants totalling £1308.87, received for the Meeting Point project, £600.00 other Meeting Point receipts, £765.45 received for work with young people, £369.91 received for Transforming lives for Good and £95.00 received for All We Can (the Methodist Relief and Development Fund). The restricted fund payments (£2,513.87) were largely associated with the Meeting Point project (£1498.87), work with young people (615.00) and a gift to an associate supernumerary minister (£400.00). As at 31[st] August 2023, the balance held as restricted funds was £15,626.67.

Money Received for and Passed on to External Organisations

Funds received and passed on to external organisations in the year ended 31[st] August 2023 amounted to £295.00, largely funds raised for Tear Fund (£265.00).

4

Funds of Internal Organisations Reporting to the Church Council

Organisations reporting to the Church Council (Tots’ Time and Boys’ Brigade/Girls’ Association) received total receipts of £1,405.90 during the reporting period and after payments totalling £1,308.76, held funds totalling £2,656.43 at 31[st] August 2023.

Reserves Policies

Unrestricted Funds (£162,040.71)

In order to meet its ongoing financial obligations, including payment of the annual assessment to the Oldham Methodist Circuit, and to provide for the possibilities of future income failing to keep pace with church expenditure or for unanticipated or emergency expenditure, the church must maintain sufficient ‘free’ unrestricted reserves. ‘Free’ reserves are defined as unrestricted reserves, less funds already designated by the trustees for specific purposes. In line with guidance provided by the Methodist Church, the trustees have historically have aimed to maintain ‘free’ reserves at a level around six months’ expenditure, typically £40,000.

Although £162,040.71 was held as unrestricted funds at 31[st] August 2023, the large balance resulted mainly from the receipt of a bequest totalling £168,803 over the period 2020-2022 and a gift of £30,000 in 2017-2018.

The sum of £45,000 has been designated, from the bequest funds, for major repairs to the roof at the north end of church, to cure the chronic problem of water ingress. It is planned that the roofing work will be completed in Autumn 2023, with a budget of £25,000 for this phase of the project. It is proposed that the central portion of the inner wall at the north end of church will then be resurfaced to provide a suitable surface for projection, thereby aiding visibility from the rear of church. An improved projector will also be purchased, the cost for this coming from the contingency built into the original cost provision (£10,000). In addition the lighting in this area will be improved, and more generally in church will be replaced by LED rather than strip lights which should see an ongoing cost saving.

The Church has designated £10,000 of its unrestricted funds as a voluntary donation to the Ministerial Pension Fund and will continue to commit at least 10% of its gross offertory income to the ‘missionary tithe’. In 2023/4 this is expected again to amount to £6,000. Designated funds therefore total £61,000. Financial projections also indicate that it is likely that use of reserves will be necessary to meet our Circuit Assessment for 2023-24 and in future years. Hence, the trustees do not consider the level of ‘free’ reserves to be excessive.

Restricted Funds (£15,626.67)

Church Building and Community Development Project (£9,944.22)

These funds are from a National Lottery grant for community work and building development

Meeting Point Project (£4,257.94)

These funds include grants and other funds received for the running costs of Meeting Point. The funds are intended to cover the cost of food, activities, heating/lighting etc.

Work with Young People (£765.45). These funds are gifts donated to cover costs of attendance at 3Generate, the Children’s and Youth Assembly of the Methodist Church

Other (£659.06)

These funds are gifts awaiting payment to Transforming Lives for Good, All We Can (the Methodist Relief and Development Fund) and the local Foodbank.

F. OTHER OPTIONAL INFORMATION

No further information is provided.

G. DECLARATION

The trustees declare that they have approved the trustees’ report above at a trustees’ meeting held on 10th June 2024.

Signed on behalf of the charity’s trustees.

Signature 1. 2. Full Name 1. 2. Position 1. 2.

Date

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ATTACHMENT A

SOUTH CHADDERTON METHODIST CHURCH

Trustees Serving during the Reporting Period or up to the Date of Approval of this Report.

Name Office
(ifany)		 Dates acted (if not
whole period)		 Name of person (or body)
entitled to appoint trustee (ifany)
Rev Dr Adrian Burdon Superintendent Minister - Ex-officio
Rev Dr Kennedy Gondongwe Church Minister(Chair) - Ex-officio
Mr Mike Brierley Church Steward/
Safeguarding Officer		 - Annual General Church Meeting
Mrs Jennie Gilpin ChurchSteward - AnnualGeneralChurch Meeting
Mrs Bev Jones Church Steward Annual General Church Meeting
Mrs Christina Potts Church Steward Annual General Church Meeting
Miss Ruth Radcliffe Church Steward - Annual General Church Meeting
Mrs Carol Shepherdson Church Steward/
Mission Secretary		 - Annual General Church Meeting
Mrs Lynne Radcliffe Church Council Secretary to 14.11.2022 Trustees
Mr Steve Jones Church Treasurer To 14.12.2023 Trustees
Mr PaulShepherdson Property Steward - Trustees
Mr John Wilkinson Director of Music in
Worship		 - Trustees
Mrs SallyWilkinson PastoralSecretary - Trustees
Mr David Schofield Assistant Treasurer from 12.06.23 Trustees
Mr Luton Edghill - - Annual General Church Meeting
Mr Alan Heywood - - Annual General Church Meeting
Miss Pauline Jackson - - Annual General Church Meeting
Mrs Sybil Lamb(1) Church Council Secretary - Annual General Church Meeting
MrsMargaretBrumell - from 1.10.23 AnnualGeneralChurch Meeting
Mrs Andrina Baxter(2) Church Treasurer from 1.10.23 Annual General Church Meeting

(1) To 23.03.23 appointed by Annual General meeting as Trustee, from 23.03.23 appointed by Trustees as Secretary

(2) To 26.02.24 appointed by Annual General meeting as Trustee, from 26.02.24 appointed by Trustees as Treasurer

AnnRep2023

6

Funds of Internal Organisations Reporting to the Church Council Organisations reporting to the Church Council (Tots’ Time and Boys’ Brigade/Girls’ Association) received total ’ receipts of £1,405.90 during the reporting period and after payments totalling £1,308.76, held funds totalling £2,656.43 at 31% August 2023.

Reserves Policies

Unrestricted Funds (£162,040.71)

In order to meet its ongoing financial obligations, including payment of the annual assessment to the Oldham Methodist Circuit, and to provide for the possibilities of future income failing to keep pace with church: expenditure or for unanticipated or emergency expenditure, the church must maintain sufficient ‘free’ unrestricted reserves. ‘Free’ reserves are defined as unrestricted reserves, less funds already designated by the trustees for specific purposes. In line with guidance provided by the Methodist Church, the trustees have historically have aimed to maintain ‘free’ reserves at a level around six months’ expenditure, typically £40,000. Although £162,040.71 was held as unrestricted funds at 31% August 2023, the large balance resulted mainly from the receipt of a a bequest totalling £168,803 over the the period 2020-2022 and a a gift of £30,000 £30,000 in 2017-2018. The sum of £45,000 has been designated, from the bequest funds, for major repairs to the roof at the north end of church, to cure the chronic problem of water ingress. It is planned that the roofing work will be completed in Autumn 2023, with a budget of £25,000 for this phase of the project. It is proposed that the central portion of the inner wall at the north end of church will then be resurfaced to provide a suitable surface for projection, thereby aiding visibility from the rear of church. An improved projector will also be purchased, the cost for this coming from the contingency built into the original cost provision (£10,000). In addition the lighting in this area will be improved, and more generally in church will be replaced by LED rather than strip lights which should see an ongoing cost saving. The Church has designated £10,000 of its unrestricted funds as a voluntary donation to the Ministerial Pension Fund and will continue to commit at least 10% of its gross offertory income to the ‘missionary tithe’. In 2023/4 this is expected again to amount to £6,000. Designated funds therefore total £61,000. Financial projections also indicate that it is likely that use of reserves will be necessary to meet our Circuit Assessment for 2023-24 and in future years. Hence, the trustees do not consider the level of ‘free’ reserves to be excessive.

Although £162,040.71 was held as unrestricted funds at 31% August 2023, the large balance resulted mainly from the receipt of a a bequest totalling £168,803 over the the period 2020-2022 and a a gift of £30,000 £30,000 in 2017-2018.

Restricted Funds (£15,626.67)

Church Building and Community Development Project (£9,944.22)

These funds are from a National Lottery grant for community work and building development

Meeting Point Project (£4,257.94)

These funds include grants and other funds received for the running costs of Meeting Point. The funds are intended to cover the cost of food, activities, heating/lighting etc. Work with Young People (£765.45). These funds are gifts donated to cover costs of attendance at 3Generate, the Children’s and Youth Assembly of the Methodist Church

Other (£659.06)

These funds are gifts awaiting payment to Transforming Lives for Good, All We Can (the Methodist Relief and Development Fund) and the local Foodbank.

F. OTHER OPTIONAL INFORMATION

No further information is provided.

G. DECLARATION

The trustees declare that they have approved the trustees’ report above at a trustees’ meeting held on 10th June 2024.

Signed on behalf of the charity’s trustees.

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5

CHURCH RECEIPTS AND PAYMENTS ACCOUNTS

THE METHODIST CHURCH STANDARD FORM OF ACCOUNTS

South Chadderton Methodist Church

FOR THE YEAR ENDED

31 August 2023

Circuit
Oldham		 Circuit no. 19/6
Registered Charity - Charity Registration number
1174772

If not a registered charity Her Majesty's Revenue and Customs Gift Aid number

(The HMRC number is equivalent to a registered charity number in terms of evidence of charitable status and may be used to give to donors or grant funders wishing to see evidence of the organisation's charitable status. Methodist charities in England and Wales that are not registered charities are excepted from registration under Statutory Instrument 2014 No.242)

Minister: Rev[d] Dr Kennedy Gondongwe Church Stewards: Ruth Radcliffe Mike Brierley Jennie Gilpin Bev Jones Christina Potts Carol Shepherdson Treasurer: Steve Jones / David Schofield

SFA - SCMC R&P 2023 Revised 240524 signed by IE

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ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2023

South Chadderton Methodist Church

SECTION A Unrestricted
Funds
Restricted
Funds		 Unrestricted
Funds
Restricted
Funds		 £
45,073.92
209.58
5,990.00
9,429.23
Totals this
year		 £
45,073.92
209.58
5,990.00
9,429.23
Totals this
year		 Totals last
year
£ £ £ £
a1 RECEIPTS Note
a2 Offerings and Tax recovered 45,073.92 45,073.92 45,014.07
a3 Bank and CFB interest and
Investment income		 209.58 209.58 13.39
a4 Lettings 5,990.00 5,990.00 16,175.00
a5 Other receipts 6,290.00 3,139.23 9,429.23 21,231.26
a6 TOTAL RECEIPTS 57,563.50 3,139.23 **60,702.73 ** (a7) 82,433.72
SECTION B 42,432.00
10,012.00
25,256.60
5,206.48
187.59
9,390.18
b1 PAYMENTS
b2 Circuit Assessment or Share 42,432.00 42,432.00 31,824.00
b3 Donations 10,012.00 10,012.00 7,032.00
b4 Repairs and Maintenance 25,256.60 25,256.60 2,183.64
b5 Utilities (Insurances, water
charges,heating& lighting)		 5,206.48 5,206.48 5,351.76
b6 Bank Charges 187.59 187.59 151.11
b7 Otherpayments 6,876.31 2,513.87 9,390.18 6,274.35
b8 TOTAL PAYMENTS 89,970.98 2,513.87 **92,484.85 ** (b9) 52,816.86
(31,782.12)
SECTION C
c1 NET RECEIPTS/PAYMENTS
FOR THE YEAR
(a6-b8)		 (32,407.48) 625.36 (31,782.12) 29,616.86
c2 Total funds brought forward from
lastyear		 194,448.19 15,001.31 **209,449.50 ** (c6) 179,832.64
177,667.38
c3 (c1+c2)
Sub total		 162,040.71 15,626.67 177,667.38 209,449.50
c4 Transfers and adjustments (c7)
c5 TOTAL FUNDS AT END OF YEAR
(c3+c4)		 162,040.71 15,626.67 **177,667.38 ** (c8) 209,449.50 (c6)
SECTION D
d £
FOR INFORMATION ONLY: MONEY RECEIVED AND PASSED ON TO EXTERNAL ORGANISATIONS
(these amounts are not to be included in total receipts/payments figures above)		 £
d1 Balance brought forward from lastyear 0.00 239.27
d2 Offerings/Gifts - received for external organisations 295.00 906.06
d3 Offerings/Gifts -passed to external organisations 295.00 1,145.33
d4 BALANCE STILL TO BE PAID (d1+d2-d3) 0.00 0.00

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SFA - SCMC R&P 2023 Revised 240524 signed by IE

South Chadderton Methodist Church

SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL

SECTION E Please follow the Guidance Notes to complete this page Summary of the Church accounts for the year ended 31 August 2023 and Internal Organisations reporting to the Church Council/Church Meeting. Note that the funds of an Internal Organisation would normally be Restricted funds unless it could be clearly shown that they could be used for any Methodist purpose. This section must be completed to arrive at the gross income and expenditure totals of the Church. If gross income exceeds the Accruals threshold, then the Accruals method of accounting AND A DIFFERENT FORM must be used to report the accounts (see Methodist website). Please refer to the guidance notes regarding transfers between the District and connected District Organisations.

SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL
SECTION E
Please follow the Guidance Notes to complete this page
SECTION E
Summary of the Church accounts for the year ended 31 August 2023 and Internal Organisations reporting to the Church Council/Church Meeting. Note that the funds of
an Internal Organisation would normally be Restricted funds unless it could be clearly shown that they could be used for any Methodist purpose. This section must be
completed to arrive at the gross income and expenditure totals of the Church. If gross income exceeds the Accruals threshold, then the Accruals method of accounting
AND A DIFFERENT FORM must be used to report the accounts (see Methodist website). Please refer to the guidance notes regarding transfers between the District
and connected District Organisations.
INTERNAL
ORGANISATIONS		 Receipts Payments Net Receipts/
Payments		 Adjustments Opening
balances		 Closingbalances
e1 Tots Time 749.50 797.60 (48.10) 162.79 114.69
e2 Boys' Brigade 656.40 511.16 145.24 2,396.50 2,541.74
e3
e4
e5
e6
e7
e8 Sub total of Internal
Organisations funds		 1,405.90 1,308.76 97.14 2,559.29 (e11) 2,656.43 (e12)
e9 Church accounts (totals
brought forward from page
2 - totals column)		 **60,702.73 ** (a7) **92,484.85 ** (b9) (31,782.12) (c7) **209,449.50 ** (c6) 177,667.38 (c8)
e10 TOTAL CASH FUNDS HELD
BY CHURCH		 62,108.63 93,793.61 (31,684.98) 212,008.79 (x) 180,323.81 (y)
TOTAL RECEIPTS TOTAL
PAYMENTS

SECTION F

STATEMENT OF ASSETS AND LIABILITIES

STATEMENT OF ASSETS AND LIABILITIES
CHURCH - CASH FUNDS HELD at 31 August 2023
Central FinanceBoard
Trustees for Methodist Church Purposes
Bank Missions Account
Cash in hand
BankCurrentAccount
Bank DepositAccount
SUB TOTAL - Church accounts
Total funds held by Internal Organisations (the closing
balance total from above) (e12)
TOTAL CASH FUNDS HELD BY CHURCH		 OPENING
BALANCES
170,481.42
25,132.10
900.97
12,935.01
209,449.50
(c6)
2,559.29 (e11)
212,008.79
(x)		 CLOSING
BALANCES
f1 Cash in hand
f2 BankCurrentAccount 136,556.38
f3 Bank DepositAccount 25,307.99
f4 Central FinanceBoard
f5 Trustees for Methodist Church Purposes 900.00
f6 Bank Missions Account 14,903.01
f7 SUB TOTAL - Church accounts 177,667.38 (c8)
f8 Total funds held by Internal Organisations (the closing
balance total from above) (e12)		 2,656.43 (e12)
f9 TOTAL CASH FUNDS HELD BY CHURCH 180,323.81 (y)
SECTION G
OTHER ASSETS and LIABILITIES
Other Assets
Investments (includeEndowments)
Other Liabilities
Loan(s)-showamount outstanding at yearend
Land &Buildings (seenotesreInsurancevalue)		 At
1 September 2022
289
2,174,033		 At
31 August 2023
277
2,369,700
g1 Investments (includeEndowments) 289 277
g2 Land &Buildings (seenotesreInsurancevalue) 2,174,033 2,369,700
g3 Other Assets
g4 Loan(s)-showamount outstanding at yearend
g5 Other Liabilities

f4 Include only Funds held at the Central Finance Board

f5 Include only Funds held at Trustees for Methodist Church Purposes

g1 Include any other investments (not the cash element of TMCP trusts accounts this is included in line f5

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SFA - SCMC R&P 2023 Revised 240524 signed by IE

Name of Church South Chadderton Methodist Church 1174772 Declarations and Scrutiny I COnfi￿n that these Receipt and Payment based accounts for the year lo 31 August 2023 have bean prepared from the records of the Church and that they indude all fur)ds under the ￿ntrol of the Chu trustees. Signature of treasurer . Date 2310512024 Name and address of treasurer ...David Schofield 3 Croft Brow. Oldham Post OL8 3AJ Presentation to the Church trustees I confim that the annual rep(Yt and a(￿Unts for the year ended 31 August 2023 wll be presented to the meeting of the Church trustees hekl on 10th June 2024 Signalure of the Chair of the meeting Name of the Chair of the meeting Rev. Dr Ken￿ Gondonfft Date 1010612024 Independent Examinerfs Report to the Trustees of the South Chadderton PAethodist Church Chafity Number 1174m Responsibilities and basls of report I report to the trustees on my examination of the accounts of the Swth Chadderton Methodist Churth for the year ended 31 August 2023 set oul on pages P1 to P3. As the Church's trustees, you are respM)nsible for the preparakn'on of the accounts in accordance wih the requirements of the Charities Act 2011 ('the Acri. I report in respect of my examination of the Church's a(xounts carri8J out under section 145 of the Act and, in carrying out my examinab'on, I have followEd all the a￿l￿ble Diwions grven by the Charity Commission under section 14515Kb) of the Act delete or circle as approprtate 4of5

Name of Church South Chadderton Methodist Church No 1174772

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 (other than that disclosed below*) which give me cause to believe that in, any material respect:

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.

I have/have not* obtained independent verification of all investments with the Trustees for Methodist Church Purposes or held in other trusts, bank balances and funds at the Central Finance Board of the Methodist Church which are individually in excess of £10,000 (ten thousand pounds) at the balance sheet date.

Signature of independent examiner .

Name of independent examiner ………Michael Wilson…………………………………………….

Relevant professional qualification of independent examiner ………………………………………

Name of firm (where appropriate) ………………………………………………………………………

Address ……37 Denton Lane, Chadderton, Oldham…………………………………………………

……………………………………………………………………………….. Post Code …OL9 9EA

Date …25th May 2024……………

* delete or circle as appropriate

Form Review

May-23

SFA - SCMC R&P 2023 Revised 240524 signed by IE

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