Hillside Methodlst Church Trustees Annual Report & Accounts 2023-24 Registered Charity No. 1175950 Hillside Methodl8t Church Introductton Page 3 Page 3 Page 4 Page 4 P¥5toPage6 Page 7 to Page 8 Page 9 Page 10 to Page 19 Page 20 to Page 21 Ba￿$ of Preparation & Legal Framework Structu￿, Governano and Management Purwse RevSew of 2023-24 nancial Revlew etc. Risk Management & Safeguardlng Flnanclal Statements Declaratlons & Scrutlny Trustee5 Annual Report andA¢countsfvr the yearendln9 31 August2024 21Page Hillside Methodtst Church Hillgde is a iJsuvch Heart of Commithity, brAh ge0grdphKa1￿, 9)ialty aFKI ¥Ariti*lty. We have been bas&J for over 120 years in ￿lIage of Brirtstsll, ￿r Q￿r￿. In rLYmal tfime, worthp on a Sunday Is enhyfftl iry a ￿tfint ox4Jregatl￿. wlth a Wdriety of mu4c and worshlp styles aThJ the Warn￿t of wElcrrfrE5. A conterrwrary people in a traditional s*tirvJ wbth the mlsslon Yo Kn￿¥ ￿tist aThJ Make Krnwn". The Chari￿s ann￿[ ret*yt arml ￿£C￿Jnts year endejj 31 August 2023 have been prepared in accordarKe y￿th the Chanties Act 2011 arKI tt* awritie5: StsteTh￿t ￿ ReComMe￿Ied Practi 2015 a5 awlio3ble to the finar#ial ReF￿]r￿J Stsrnlard {FRS) 102 (*arfty Name: Hiltsde MettKKE# ChLfth. Charlty Reglstratlon: 1175950 prtndpk Address: Parke Road. Brinx3N. axKlw, PR6 81i1. stNcture: HilLgde is a memttr cl ljuley & Lelarnl Metr(rtJist v•hKh is a member of the Lanoshire MettKsdi5t Di51ricL Bankers: Central FInan￿ Board of the MettKxl* ￿urth, R(ryal Ba￿ of ScotlaTrJ, CAF BanK Santsnder, Q￿p￿ Ahj. thLs repNt Ilame OfflcelElected By Name OfflcelEJected By Rev Karen Hllthn Wahs Arwjefa me￿n9 Waring 24 022S Trja Yate5 (Resw 25 0225 Ryan FTrrKis (A￿Inted 12 Qrojl &ew¥d Dun￿ Fff•st Tm Meulng even Amos 11 nnual thurth Howwd Beryl Franktsh Katherine Klun Harry cha￿1n (R￿￿ (ks Mar 24 Sarnh Krlge 02 fxt 24 Pa(1 Barron rrusteesAnnuol Report andAccountsfor the year ending 31 August2024 31Poge Hillside Methodlst Church Structur4 Governance and Management r¥ovttnlng Documents: Our goNtrning dccuments are the D*d of Unlon 1932 and the Meth(*llst Churth Att 1976 Recrultment and Appolntment of Thfjteth. The Charity Twstees are the member5 of the Church Counali appointed in lirE writh Sectlon 61 of The Constitutional practi￿ and thsoimlne of the Mel￿￿J15t Church fCPD?, Church Council: Sectton 60 of CPD outllnes the role of the Churth Coundl as follws. Yhe Churth Councll has authorlty aThJ oversight over the whole am of the ministry of the churth. induding tl martagemert of Its property. Aims and methods, the determination and pursuit of polty and the deployment of available rexsurw are its propw responsibility." Church Steward$: SKtlon 63 of CPD outllnes the role of the churth stewards as ft)Ilow& churth stewards are corp)ratdy re5ponsble with the pffjbyter ........for eXerd￿ng pa*oral responslbllity In relation to the Lc(al Churth ftjr gimng leadership and ¢)ver the whole rdnge of the church's life and They a￿ particulady charged to hold together in unity the vartety of concerr that a￿ contsiwj wlthin the one ministy of the thurch. To this end it is thelr resF¥jn￿b1l1fy to uphold and act upon the decisions and polioes of the Church Council." In 2018-19 the Church C￿nal approvoj the creation of a Leadership Team to work with and support the stewards In catyng out these resp)nsibillties. Thls team contlnues to meet on a regular bass and ￿Ptyts to Churth Coundl. Safeguarding: Hillside Methodist thurch commlts itself to er￿uri￿ the implementstlon of Connexional Safeguardlng Pollcy; governm￿t legislation. guidan￿ and safe praCu￿ In the drcuit and In the churches. In addition, it commits itself to the provi&on of gJPm, advi￿ and training for lay ar￿ ordained people that will ensure people are clear and confKlent ab)ut their roles and respon%bilities in safeguarding aThJ promting W￿fa￿ of thIld￿n, youNJ ￿le ajults WFKJ may be vulnerable. Purpose Sedon 4 of the MethcKii5t Church Act 1976 defines the purp)se as follows: he purp)ses of the Melh>Jist Churth are and thall be Purposes deem8J to have been sirKe the date of union the advan￿ment of.. (a) the Chri#Jan faith in ac(Wdan￿ with the doclJlnal standards and the dI￿]￿Ine of Meth￿l15t Church; (b) any charltable Pur[￿ for time tervj of any cOnne￿onal, dlthcL drcult, Ic#21 or other organisation of the Methodist Churth; (c) any charitable purpose for tr¢ time being of any thety or Instttutlon belng a s(*iety or Ins￿tUtIOn subsidiary or andllary to the Methodlst Church: (d) ary purpose for the time of any tharity being a tharity xd>sdiary or andllary to the Methodist Church," The followlng a￿ the main activities urylertaken in relatton to the Purp)ses 0uu1￿ atxjve: Organi5e and hold regular public ats of wor4Mp Provide teathing through semon4 courses and small groups Offer pastoral Sup[￿ to the stck arKI bereaved Pursue children'slyoLth education in the context of the thri&ian falth Engage with a550ciated local Church Sthools Raise ffireness throLoh the arrarwJinglstaglrKJ of local events Prom¢)te fellowshlplfn"endship by faalitsting shared-interest groups Provide tscilities for local community uselactivity Trustees Annual Report arnlAccountsfor the yearendlng 31 August 2024 41Page Hillside metI￿dISt Church Ravlew of the Year Worshlp As ChrISfjar￿ worshlp Is the focal polnt for our common Ilfe t(>3ether as HIll￿de Methodlst Church, Mee￿ng weekly at 10am on a Sunday morning for worship with monthly Holy Communlon se￿1￿5. Each Sunday mor￿ng there 15 provison for chlldren and young people, faithfully provlded by a very small group of volunteers, for whom we are deeply grateful. We have a Small number of very faithful families who attend on a regular ba￿s. At Hlllstde we are privileged to be able to offer the pastoral Se￿CeS through the Journey of Ilfe. these being wedding5, baptisms and funeral& Our main Sunday mornlng acts of worship are the context In which BapOsms are offered. Each of these arts of worshlp are an opwrtunlty for us to pl￿ famlly mllestones wlthlng the context of G¢)d's blg story. ReffleMbran￿ Sunday Worshlp tskes place both at Br1r￿￿11 War Memorfal and begins momlng worshlp and a150 SIn￿ the closure of Wlthnell Fold Chapel, we now contlnue the worshlpplng preseno In Wlthnell Fold at the War Memorlal at 12:00 I￿On In partnership with Withnell Fold schcol. These are ImFQrtant oprKNtunltles to continue the Chdstlan presence within the community where there are no longer chapels. In Decem￿ we held Brlnscall to Bethlehem It was planned to be an outd¢)Jr telllng of the Natlvlty, but due to the hlgh wlnds It was moved Into Hlllslde, Thls gave oppo￿nIty for those who find It hard to sbnd or walk to engage wlth this telling of the Chrlstmas story and we reftected on how we make thls telllng an indu51ve event for everybody. Brfnscall to Bethlehem was a Joént venture wlth the baby Jesus and Mary betng played ty a famlly from St John's, wlth children belng Invlted to come as angels and *•rds and wlth the muslc again belng provlded by the Salvatlon Amiy band. on￿ again we hosted our annual Chrlstlngle, after the prevlous year belng so w￿11 attended cn the Saturday evenlrKJ It was On￿ agaln held on a Saturday evenlng. We had a very g¢))J attendan￿, wlth muslcal Items led by a tsolnt cholr from Hlllslde and St John's School Cholr. Throughout our Chdstmas se￿1￿$ we SUPFQrted the work of St Catherlne's Hosp1￿ and Chodey Help the Homeless. In March we celebrated our 12511 Church annlversary. Glvlng thanks for all thatls past and pra￿n9 for what Is to come. As we fvurneyed throLfrJh Holy Week we held a Maundy Thursday meal, sharfng together In Holy Communlon and Worshlp wlthln the context of the meal was to wognlse Jesus, last SUPFer. Thls was very movlng and those who attended were appreclative of the dlfferent fomiat for Maundy Thursday. Thls year numtErs were Increased due to being Sha￿ wlth our brothers and 51sters from Eu*(on Methodlst Church. On G¢Jod Frlday we once agaln held an eoJmenlcal walk of wltness, In the afternoon we went to Euxton aThJ shared wlth our church famlly there as we Jolned together In an hour at the cross It was tolgnant and seen a5 very slgnlflcant for who were present. Our worshlp Ilnks wlth St John's School are strong through our mlnlster, wlth worshlp belng freQ￿n￿Y led In school, worshlp was also h05ted for the whole school communlty at both Chrf5tmas and Easter at Hlllstde wlth over 250 Feople ￿lebratIng the message of Chrfstmas and Easter at these key seasons. Hlll•lde In the Communlty During the year we have contlnu8J our work In the Community, The Frfday HUB, which started In November 2022, conttnues to provkle a warm, welcoming space for people from the local community. Attendan￿ is gC￿ wlth between 30 and 40 pec¢)le eath week and we have a team of volunteers who help on a rots basls. Actlvltles I￿Ude dominoes. Jlgsaw5, board games, knltung and crafts whlch most people Join In with. We have wltnessed some new frfend5hips with some people meetlng up during the week to enjoy ouyngs and support each other. We thank Wlthnell Parish Council and Chodey Coundl for the flnanclal support they have provSded in addltion to donat1￿5 from pwle attendingi thi5 money S Used for the food and resc4Jrces for the HUB. Tn November 2023 we held ow Christmas market, thls was well attended ty the l(Kal communty and raised fund5 for the Church. Our thurch Hall15 an Important faclllty for the local community and letdrvjs have induded Karate, Art group, Narcotlcs Anonymous and L1tt1e Folk Lancashire as regular letbro5. In September we welcomed Trustees Annual Report ondAccountsfor the yeor ending 31 Augu5t2024 SIPoge Hlllside Methodl8t Church a wtekjy Pilate5 groLP and In asjrtlon ha￿ h•J Se￿al )J lettir#Js all contrfibLrtlry to the income of the church. As a ￿￿r(h, we Contin￿ to the & a ty qL**iC￿, how O)es the ho¥)itslty we offer through all the community events emw our farth refi￿￿"r￿j what we belthe at*)ut GCMJ. When we host an even¢ we ren￿mber to a5L IMYAT can ttwwjh vthat we offer t(rfJay reflett Jew5 to tFv)* con through the doors? Our Invc4vement St Jckn's sctrml Is ImmiK a W part of fv communty. Ow mlnlster and 3 Jditional foundatr.on gk)vemor5 form part govemiry ￿. As part of our wort thereft>re a frequenuy represented wbtrdn ￿ sch(￿ o)mmunity. DuriThJ this year St John's had both thdr ofsted and SIAMS (Ststutory InwtSon A￿lI￿n and MetkKdkSt S(hJob). the SIAMS reFLIrt It was noted Yhe school proudly and responsib￿ uphold thelr joint Anglican and Methodist foundations. Exceptlonal relationships wlth local churches infuse school Ilfe enh3ncln8 spirituality. Sensltlve pastoral support from clerw Is appreoated by the wl)ole communlty who welcome the light thls brln8s In dark tlmes. Mutually benefiaal opportunities to plan worshlp tO8ether result Sn confident pupll leaders of worshlp at both school and church." Durlng the year a new headteacher was appolnted to begin on the i# September 2024 and Is keen to further develop links Wbth Hillslde Methodist Church especially for the felatlon5hlps to be mutual beneficlal. Communlcatlon and R••￿r¢ RegLdar meeungs 9xh as L&idethp Team, Pastornl Vlators, FIna￿e Group* Ildren's w Church Coundl and House group. and bitde st￿leS contlrnE to happen to suppjt (Af dI￿pIes￿1p arKI mlnlstrfes both Indi￿dUa1ty aThJ corp)rntdy. On LxCaSor￿, when approKYiate, zoom techndogy has been Our weekty orllne Nth¥4eiter Contin￿ to be Wbt to fftr 130 peopk by Mallthlmp, sh3rfrrfJ news. Intrmation and Ilnks to Icxal ethts thus keeF4ro in cThrtart wlth the coryregation. Paper coF4es are pr(mJL￿ed for those not onllr¢. Ouronllre prewKeCont1n￿ %Mth F￿ebc1)k page gtwrq InfmU and of tt* Church's actI￿lIeS. Through all that we do, we a￿ grntefij to the falthful rnen*￿S of Hulslde Methodlst ijburch who gfve of t￿1r gllts gra￿ to seek to enable us to L* a CIMKch at tl* Heart of tre CommurAty. TrnsteesAnnt￿I Report andAccountsfor the yearendinq 31 August2024 61Poge Hillside Mothodlst Church Flnandal Revlew Genwal Fund (Unrestri¢t¢d) As at 31st August 2024, the General Fund shows a Su￿U5 and r￿t postsve movement In funds for the year of £4,421. Income in year is £74,491 whlch Is £2,002 - 2.6% lower than the prevlous year. Fundrni4ro Income of £2,047 Is Induded In "Other Income", wlth a reduthon In donaVors and lettlngs bebrvJ pathlly offset by an Increase In irterest re￿iVed. Income Stre•m Offerln85 Donatlons Glft Ald Interest Other Income Lettings Total 2023-24 45,535 288 11,789 5,404 3,195 8.280 74,491 2022-23 Varlance 45,839 1,522 11,485 3.305 3,562 10.780 76,493 13041 11.2341 304 2.099 13671 2,5001 (2,0021 ExpendstU￿ was £70,071 whlch Is £776 - 1.1% lower prevlous year as detall&J below. The reductlon In utyllty costs rell&ts lower usage due to reduced lettlngs EM endlturo Clrcult Assessment Grants & donatSons Property Malntenance Insurance & utllltle5 Other Ex endlture Totsl 2023-24 52,060 2022-23 50,934 25 3.117 11,5S7 5,214 70,847 V•rl•n¢e 11,1261 25 12,3391 3,324 892 776 5.456 8,233 4,322 70,071 Deslgnated Funds (Unrestrlrted) These fuThJs Increased by £30,990, largely due a generous legary (whlch dldnt have a sffjfled use) from one of our former members, a￿lt Assessment ￿bates, a transfer from the Youth Oub fund (whlch ceased to meet In 20201 and a transfer of £4,000 from general unrestrfcted fiJnd In the year, all of whlch the Trustees have dedded to des￿nate for the futu￿ re-development of the Church Hall. Re•trlcted and Endowmont Fund8 These furKls Intreased by £1,701, prlmarlly relates to the on%olng donauons to the Church 8ulldln9 Fund, largely offset by the transftr from the Youth aub fund referenced above. The ReseNes Pollcy for the Churth Is to hold a mlnlmum sum equlvalent to 9x months. average operatlng expendlture, In addl￿on to 5￿fiC amounts designated for major repalrs. As at 31 August 2024 the General Fund after dedLLtlng the value of the Church ProFerty stood at £64,795. The annual operntirtg expense forttast for 202*251s £59,549, therefore we currently hold 13.25 months cover for these costs. Of the aL>)ve surplus of £4,421, £4,000 was transfer￿ to Church Hall Re- Development For full detalls of funds hdd and the rrK)vement of the* In the year please w Note 4 In the Hnandal Statements sectlon of thi5 reFQrt. Trustees Annual Report ondAccountsAor the yet7r ending 31 August 2024 71Poge Hillside Methodlst Church Plans for 2024125 ke many other charrtles Hlll*de conUnues to fa￿ mounting financial pressu￿$ and cOntinl￿ to rely on a relatively %nall group of members who give faithfully. Through a coMbIna￿On of prayer and hard work finanaal balan￿ is achiev&J each year, but not without challenges. The Infi￿Onary pressures that eVeryOr￿ one Is feelirv4 at tK)me, together vth the tha11￿￿je5 wlthln our own operatlng budget tinue to be a challenge. Work is now p1anr￿d to Icok at new ways of connecdng wlth and provldlng worthlp and study opportunlles for famllles who fa￿ the ever-lncreasng thollenges and the busyness of famlly Ilfe. The Hlllgde Hub whlch stsrted In November 2022 continues to tt¥ive, providing frlendship and much mfxe to over 30 people each wee As Part of our 125th Annlversary CelelKaOons in March 2024 y￿ launchej a projert of bldldlng for the future, Iwkjng at becoming an Eco Church, wcKk on this project ￿11 contlnue in 2024125. Café Worthlp whkh has been succethl in the past and Is rK)w to be cortsIder￿j as part of a regular pattem of our worshlp. As a resul¢ we ksld café chwch in the church hall the second Sunday of each month and these are geneftlly well atterKled. Thls year we wlll be ft)cusing on redevelopment of the thurch Hall to upjate and Improve facNibes for the Church and local communty. Publlc Benefit We confimi the trustee5 have had regard to the Charity CommiS￿on￿ gUIdan￿ on public benefit. Trustee Tralnlng A range of guidance Is kYtsJLKed by Methc¥Jist Connexlon to support the etstive runrmng of the Church. Trustees a￿ requlred to access thls and confimi that they have read and understood It. Support Is provfded tf required. Related Partles The Churth is part of the Chorley & LeYlar￿ Qrcuit, whith is part of tre Lanoshlre Dlstrlc¢ and Is alx* accountable to the Methodist Conferentr, TrusteesAnnual Report ondAccountsfor the year ending 31 Augu5t2024 81Poge Hillside Methodlst Church Risk Management The major risks are identified and monitored by the Church Council via the relevant committee or responsible person within the church. Professional advi￿ from either within the Connexion or if necessary, from external advi50r5 IS taken as required. There Is a regular review process undertaken. The Trustees have identified the major risks to the Charity as being Safeguarding and Financial. Two Safeguarding Officers I'SO'J are in place lone for Childrenlyoung People and one for Vulnerable Adults) who are restKinsible, along with the Trustees, for ensuring that the Methodist Church Safeguarding Policy is implemented. Regular reports and LI￿ateS are provided to both Church Council and the Stewards. Income and Expenditure Is monitored monthly by the TreaSu￿r and is compared with the approved annual budget to produ￿ an annual forecast. This information is discussed by the Finance Team prbor to a Finance Report being prOdU￿d. The purpose is to detect trends a5 Part of the risk management process to avoid unforeseen ca115 on reserves. Updates are provided to the Leadership Team at monthly meetings and to the Trustees at each Church Council meeting. A formalised Risk Management Policy was adopted by the Tmstees in February 2019 Safeguardlng Every person has a value and dignlty which comes directly from the creatlon of humans in God's own image and likeness. Chrlstians see thls potential as fulfilled by God's re-creation of u5 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. Methodist Connexionalproctice outlines commitment to thefollowing principles.. the care and nurture of, and re5pertful pastoral ministry with, all Childreni young people and adults the safeguarding and protection of all childreni young people an(J adults when they a￿ vulnerable the e5tabli5hing of Safe, caring communities which provide a loving envbronment where there is Informed vig11an￿ as to the dangers of abuse. We will carefully select and train all tho* with any responslbility within the Church, in line wilh Safer Recruitment principles, includlng the use of crlminal records dlsclosures and registration with the relevant vetting and barring schemes. We wlll respond without delay lo every complaint made which sugge515 that an adult, chlld or young person may have been harmed, cooperating with the poli￿ and local authority In any Investigation. We will seek to work with anyone who has suffered abuse, developlng wlth 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 mernber of our church community known to have offended against a child, young person or vulnerable adult. • In all these prlnclples we will follow leglslatlon, guidan￿ and recognised good practi The Hillside Methodist Church Council commits itself to ensuring the implementation of Connexional Safeguarding Policy; government legislation, guidan￿ and safe practiTr in the circuit and in the churches. The Hillside Methodist Church Council commit5 Itself to the provision of support, advi￿ and training for lay and ordained people that will ensure people are clear and confident about their mles and responsibilities in safeguarding and promoting the welfare of children, young people and adults who may be vulnerable. AKpprovedby tIFe frustees on 5t1) March 20253nd Sgned on their behalf by.. Rev K Hilsden (Chair of Trustees) Trustees Annuol Report ondAccountsfor the year ending 31 August 2024 91poge Hillside Mothodlst Church Financial Statements For the Year Ending 31 August 2024 Trustees Annual Report ondA¢countsfor the yeorendlng 31 August 2024 IOIPoge Hillside MotI￿dIst Church Notes to thEAccountsforthe YeorEnding31 August 2024 Statement of Financial Activities (SOFA) for the year ended 31 August 2024 - £8 Unrnstricted Totsl 202$24 Totsl 2022.23 Fund Fund¥ Fund8 Incom• and EndoMn* Offerings Donatrons Grft Aid Interest and invesknent income Income from Irweslmenl Prowties Internal organisations Oiher charitable income Total from Charltablo Aclmtles Income from Lett¢n Total IrKome and End¢yhin 45.535 4•￿16 49.169 3,021 13.132 870 13N2D 13.640 11.789 12.543 5,047 3,574 8Y 8,2 10 nditure Circuit assessmenl or share Grants and donations Propety maintenance Insurance. utililie$ etc Provisions 50,934 205 9.420 11.983 1.1 75 8233 {1.1321 7.101 De￿ciall0n Office expenses Other eyrKlI￿re Intemal or anisatior Total Charitable Ex n(rrtur• Gainl{loss} on monetary investments Gainl(lossl on nveslmert ro 75 1.119 3.127 1.119 5242 8.216 071 15 Net Incomel dknro Transfers bets4een funds Other ai losses Nat Movoment In Funds Total funds brought forward Total Funds Carrled Fonmard Notes to tI￿A(COUntsforthe YeorEndiThJ 31 August2024 21 112 14.¢XQ) 9.725 IS.72SI 421 1.829.018 .053 1979 786 012 Trustees Annuol ReportundAca)untsAor the yeor ending 31 August 2024 IIIPage Hlllside Methodlst Church Note5 to theAccountsfvrthe YeorEndln9 31 Aygust2024 Balance Sheet as at 31 August 2024 - £8 Unr•8trl¢t•d G•n•r•l D￿19n8*d Fund Fund• ReBtrlctsd Total• 2024 TotslB 2023 Endowm•nt Funds Flx•d As80ts Chur¢h bulldlng & other prop Inve81ment• 1.763,843 1,783,043 809 1,763,718 Totsl Flxad Ag•91• 1763 q43 1764 327 Curr•nt A•#•ts Debtors and prepayments Loans by the Chur¢h•8 Inve$lments w(th TMCP Central Financ? Board Dep￿lts C•$h al Bank and In hand 17.379 249 17,991 8.198 83,092 35,713 75,481 194,288 189,114 Total Curr•nt Av•ts Curr•nt Ilabllltl Creditor8 (due In under 1 year) Gr8nts Pa able ￿￿thIn 2021-22 Total Current Ll•bllltl•• io 1.982 Igeoi 885 2,488 N•t Current A••otslLlablllll•• 210 Tolal A88•ts l•M Curront Llabllltle• 1979 786 Lon Grant¥ Payoble after 2021-22 Loan8 to thg ChurGh tomi Il#blllll•8 N•t AM•ts 1979 781 Funds of the Chur¢h General Fund IUnre$lrtctedl Desl nated Funds Unre8lric 1,829A38 1.833,438 1.829,018 Total Unroslrfctod Funds Restricted & Endowment Funds Total Fund• 11 38 rru5tees Annuol Report andAccountsfor the yearending 31 August 2024 121puge Hillslde Mothodlst Church B•sls of Accountl untln al Aecountlni Framework The flrbanclal statements have beèn prepared in accordance wlth Accotsntlng and Reportirtg by Gtsorltles.. StuternentoARecommendedProctice150RPJ appllcable to charlties preparln8 thelr accounts in accordance wlth the Flnancial Reporting Standard appllcable In the UK and Aepubllc ol Ireland IFR51021. effe￿1ve from l January 2015. Icharltles SORP IFRS10211. bl Publlc Benefft Entltv Hlllslde Methodlst Church meets the d￿InItIOn of 8 publlc benefit entity under FRS 102. Assets and Iljbllitles are Inltlally retO8nlsed at hlstorlcal cost or transartlon value unless otherwlse staled In the relevant a¢countln8 pollcy notelsl below. cl Basls These accounts have been prepared on the basls of hlstorlcal cost except that the Investments are shown at thèlf market value at the end of the year. The a¢¢ruals bas15 ha5 been used and the Trustees present account5 that show a true and falr vlew of the Church's flnanclal posltlon and a¢tlvllles. d) Cantent The nnanclal Informatlon pfosènted Is relevant, rellable, comparable and complete. Where èst4mates ar• used thesè are based on •xperlence. research and lud8ement. The accounts are expressed In £sterllni. rounded to the nearesi pound. al Galni Conc•rn Based on the monetary 159ets and human resources avalL4ble on 31 August 2024. the trustees be15eve that the Church 1$ 4 8olng ¢onc•rn. Caniolld•tlon Th• Income and expendlture relatln8 to Hlllslde Yovth Club, Hlllslde Craft Group and the H11151de Flower Fund are cgnsolld¥ted Into t￿se financlal statements as these 8roups fall wlthln the overall governance of the Trusteès. i) Ineom• R•cognltlon Incomè Is brought into account when there Is entStlement, and the amount Is reliabty measurable once It Is fflore Ilkely than not that the e¢onomlc benefit of the income will be forthcomln8. Indlvldual amounts cateioflsed as Other Income In the SOFA wlll be shown separatsly If they are consldered materfal. The Church acts as a8ent when collertlonslappe¥ls are held fr¥r ¢Aher charltles. In all thes• matt•rs the Iran54rtlon5 are not refflected In thè SOFA betause they afe not the Income of the Chufch. Instead, Ihe transactlons are dlsclosed In th• Notes to the Account5 •5 r•qulred by SORPIFRS1021. module 19.12. In accordance wlth the Charltles SORP IFRS 1021 the tlme of volunteers is not recognlsed. Further Informatlon on thls matter Is provlded In the Trustees Annual Report. If aood5 are dgnattd. a valu• wlll be shown In the SOFA or Notes where the value Is consldered materlal. Trustees Annual Report ondAcrDuntsfor the yeorendlng 31 August2024 131P(39e Hlllslde Method18t Church Notes to theAccountsfvrthe YearEndlnp 31 Auoust 2024 Icoftt.J h) Expendlture Expendlture Is recognlsèd when a Ilablllty Is Incurred, or a constructlve obllgatlon arlses, where the amount Is réllably measurable, and It Is consldefed rmre Ilkely than not that there wlll be an oufflow of economl bÈnefit. 11 VAT As the Church Is not VAT fe815tered, all input VAT15 charged wlth the eipenges to whlch tt refers. 11 Tanglble Flxed Assets These art capltallsed 11 they can be used for more than one year, •nd Indlvklually cost at least £1,000. The Church land & bulldln8s Is shown In ihe actounts at deemed hlstorlcal cost fepresentln8 8r0s5 carryln8 value as at I September 2015, beln8 the propert15 insurance relnstatement value at that tlme. No dèprecSatlon Is provlded because the Trustees conslder the eufrent resldual value of the property in Its prtsent ¢ondlllon to be not less than Its hlsiorlcal cosi and, In the absence of any materlal Impalrmenl anv deprec¥tlon provlslon for thè bulldlng component of thè property would be Immaierlal. k) R•celv•bl•s •nd Payabl￿. Bank and Cash I8•￿¢ Fln•nd•l Instrum•nts) Otbtors are stated at the •mounts owed to the Church or prepald. Credltor5 are Inlll4lly Tecg8nlsed •t settlement amount after any trade d15coun15. where normal credlt term5 appty. Subsequently credltors that •r• current Ilabllltle5 are measured at the cash orother con51deratlon expected tt> be pald. The Ilquld fvnds of bank balances and d•poslt fund balance5 are shown at thelr re¥llsable value5. l) Funds Thè trustees have adoptod a pollcy fof all unrestrlcted reserves whl¢h Is to malntalfi a mlnlmurn ol slx months cover for Oper•tln8 Expenses tO8ether wlth spednc de51an•ted fvnds for Lon8Term Property R•serve$. Furth•r detalls can be found In Note 8. Tru5teesAnnuol Report ondAccountsfor the year ending 31 August2024 141Poge Hillside Methodl8t Church Notes to theAccountsAorthe YeorEn6ing 31 August2024 fcont.J 21 Glossa of Terrn5 CF8: Central Flnance Board of the Methodist Church- mana8ès a Common Deposlt Fund and a serles of poolèd investment funds for Methodist entitles in fjreat 8rltaln, and provSdes Investment advke to those entltles. Church: a gmup of members from fewer than 10 to more than 31JO. C5rcult a group of Methodlstchurches neareach other, typlcally bètween 10 and 30. Chtsrch Coundl: The Trustees of thechurch. Connexlon: The Methodlst Church In Great Brltsln whkh Includes the Head Offlce at Methodlst Church House, all Methodlst Dlstrlcts, Clrcults and Churches. Connexlonal Funds: The Desl8nated andlor Restrlcted Funds held and admlnlstered by the Connexlon In furtherance of It charftable and mlsslon objtttives. D15tAct: a Broup of tontlguous clrcults usually between IS and 30. FAS: Flnanc5al Reportlng Standard. L•y Employe•s: Personnel employed by the Church on 8enerally accepted commerclal empltymèrtt terms. Le•deTthlpTeam: Provlde leadershlp and support to the church rnember5, and bs rèsponslble to Church Councll for the furtherance of the Charltles alms and objectives. SOFA: Statement of Flnanclal ActlvStSes. SORP: Statement of Recommended PrKtlce. TMCP: Trustees for Methodlst Church Purposes, the le8al owner and Cusiodlan Trustee of all Methodlst Model Trust property. In£ludlni Le8acles, Endowments and Accumulated Fund5 Trustees Annuol Report and Accountsfor the year ending 31 August 2024 ISIPoge Hillside Methodlst Church Notes to theAccount5fvrthe Yeor Endlng 31 Autyust 24 fcont.I The Churth Land & Bulldln85 relate to our H511sldÈ Methodlst Church. Hall and Llnk Bullding located In 8rlnscall. Ch￿th Othor flx•d Flxlures. fittin85 and ¢4ulpm•nt Payrnents account •nd as9•ts under Inv￿l￿e￿I nd and bulldlnKs In¢lydlng motor vehkle5 Totsl 31 A￿23 CostlValuatlon- balance blf Addltlons 1.762.IS8 2,010 1,764,168 Revaluatlons1+1-I 01spgsa151-1 CosVvaluatlon- ￿l￿nCe Depreclatlon. balance blf Depredatlon- charge for year 1.> Deprecatlon. Revaluatlons1+1.I Depreclatlon- Dlsposals l-l D•pr•clatlon- hlance clf 1.762.151 2,010 375 L764,168 75 75 450 375 Net Bwk V•lu•- Broueht forward 1,762,158 L635 1,763.792 Net Book V•lu?. C•rrt•d forward L762.1 1,560 1,763,718 Trustees Annuol Report andAccountsfor the year ending 31 August 2024 161Poge Hillside Methodlst Church 41 Funds- Unr•strlrtad-G•nernl 314w24 Ji-A*2Y Balar￿e L829.018 The purpose ofthe fvnd Is for the use 8tthe d15cretlon ofthe Trustees In thefvrtherance ¢rfthè8tntral charltable oblectlves of the churth. Approxifflatety 9PA I£1.763,7181 of the fvnd is held os freehold property. namety the church and thurch hall land and bulldln& leavirva £65.3¢XIa￿lIable forcurrent charltable purposes. Ufirwtrld•d- Wn•t•d 31*24 3i•A*2) 95.705 64,715 These funds are to serylce spedflc purposes but are not restrlcted by any document or deed to th* purpose ak*nè. Mo¥ements In these funds are set out In Note 8 bdow. ènd detalls of the spedhc funds ère as follows: BaL•r ionB Terni pro￿rtY ft*pth-th￿ ¢ontaSns prO￿$10n for lar8elon* off woperty rep•lrs and m•lntsnance costs Includln8 paSntln& re-wIrlr￿ new wlndow5. boiler replacement and organ repalrs. Relevant Items of expendllure when Incurred are Charg￿ to this fund, and an equ4v•lent trnnsftr from the 8eneral fund Ilf sufficltnt funds are avallablel Is m•de. thlldren • Youni P¢•pl¢% Mlnlrtrftt-thes* funds •re used to the resourcln8 of thlldren's Jnd youni people's work wlthln the ¢hur¢h. oiher- Ihls Includes a donatlon recelved In memory of • loved one. where the donor speclfled that the money should not be used for 8eneral church purpoges, tQ8ether wlth fvnds ft>r work In the communlty and the Frfday HUB. R•strfrted and Endty*ment al4￿1• Ji.Ay-23 Restrlcted Funds 17.755 Endowrrtht Fur Totsl The5efunds eX￿t to support the tau5ts and organlsallons Ilrttd below. Bulkllw ProJ•rt-th1s fvnd Is to support the dertlopment of new f•¢Wtles on the thurth 51te In 8rlnxJll and recelves both regular and Un￿ donatlons. Oth•r th￿￿h OrpnIs￿0n¥ •nd Groups- Hlllskle Fbowtr Fund Is 8overned tythe Churth Councll. Adult Educ•kn-this Is a donation 8i¥*n to the church spetificalfy to support ￿Ul1 Educailon. Relevant expendlture (lar8e￿ Bfjb￿ Study resourcesl Is thar8ed to thls fund as and when It Is Incurred. net of any contrtbutlons ¥￿efved. Trustees Annual Report andAccountsfor the yeGrending 31 August2024 171Puge Hillslde Methodlst Church Notes to theAttountsforthe YeorEnding 31 August 2024 {cont.J. 15 of Net Ass een Fund5 D*sIKnated Funds Bzlirtte *t31Au£ 31 Au8 24 Endowrnent Fund5 Tan8¥Jle FLYed Assets Investments 1.763.643 1.763.643 1.763.718 609 Curreht As￿$ 71.777 94.745 960 95.705 7&239 16851 78.164 250.352 217,947 4.019 ¥963.991 Current Liabllitle5 11,9821 IM33N38 11,706 l(ll1898 51 Related Partles No donations were rnade by the Trustees durln8 the year that had conditions attached. Related partlÈs Include the Methodist Connexion, CF8, TMCP and the Chorley & Leyland Methodlst Clrcult. The table bd¢)w shows detslls of related party trnnsactlons durln8 the year. B•1• due lfranl tothè Church •t 31Au824 Name etelpts Payments Chorley & ieylartd Methodlstclrcult Chorley & L¢ylarKI Metlw)dfjstClrcult J￿rI & ieytsnd Methodistclrtult Totsl A55e55ment A5ses$rnent Reboie 152,0601 13,058 350 Rent 13A08 52O60 6) Collectlons During the yearthe Church oryanSsed several collections and appeals forothLYtharitable or8anlsattons. These are tabulated belgw, and do not appear anywhere else within these accounts. Those appealslcollertions that were in respect of related partles are marked due lfroml tothe ch￿￿hat 31 N¥n Deialls R•¢etpts Plyments Helpthe Homele55 Derl8n House Christmas AP￿11 Christmas Appeal Brlnscall to Bethlehem 14801 14921 13861 1591 492 Safvatbn ￿rnY Slerra Leone Mattre55 Appeal 59 Total 17 IA17 rrusteesAnnuol ReportondAccountsfor the year ending 31 August 2024 181P¢yge Hillside Methodl8t Church Notes to theAcrnuntsfvr the YwrEnding 31 Auqurt2024 {(ont.I 7> Trustee P ents There were no paymentsto Trustees in the yw in relation to their rolea5 Trustee. 81 Volunteer ContTlbutions Every entity Iconnexion. DistrKt. Urcuit and thurchl within the Methodot Church in GB 15 heavity reliant on ¥￿￿nteerS who contribute their skills. time and money in the fvrtherance ofthe work of the Churth. In the thurch this 15 done across a whole rangeof a￿a$, and WÈ are grateful to everyone who does ¥olunteèr their tlme, help and commltment No attempt has been made to value the non-nwnetsry contributbon5 in rnonetary tern￿. None 10) Lease Commlknents The Church has t