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2022-08-31-accounts

MARKET HARBOROUGH METHODIST CHURCH

FINANCIAL STATEMENTS

31 AUGUST 2022

Charity Number 1178813

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MARKET HARBOROUGH METHODIST CHURCH

TRUSTEES ANNUAL REPORT

YEAR ENDED 31 AUGUST 2022

The Trustees have pleasure in presenting their report and the independently examined financial statements of the charity for the year ended 31 August 2022.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity Name: Charity Registration Number: 1178813

Market Harborough Methodist Church

THE TRUSTEES (Church Council)

The Trustees who served the charity during the period were as follows:

Rev Andrew T Murphy (Chair) David Nixon (Secretary) Richard Huntington (Treasurer)

Church Stewards

Catherine Clarke Paul Colliss Maggie Hadkiss Helen Green Emma Hadkiss to 16 July 2022 Emma Ferreri from 16 July 2022 Peter Hales Susan Nixon Ian Varey to 30 September 2021 Rachel Hounsfield from 14 October 2021

Other members of the Church Council

Anita Beer Gill Billington Alan Cox Margaret Cox Brenda Davies Neil Hadkiss Shirley Hales Christine Hodgson Audrey Huntington Caroline Osborne from 24 February 2022 John Pearce Susan Routley Hannah Russell Gordon Shorley to 24 February 2022 Margaret Shorley to 24 February 2022 Ruth Thomas-Twinn Rev David Tomlin Roland Whatton

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MARKET HARBOROUGH METHODIST CHURCH

TRUSTEES ANNUAL REPORT

YEAR ENDED 31 AUGUST 2022

THE TRUSTEES (Church Council) (continued)

In attendance from the Market Harborough Methodist Circuit:

Peter Arnold

In attendance as an observer, the Circuit Growth and Nurture worker:

Melissa Wheeler

Independent Examiner

Sarah Atwell-King

STRUCTURE, GOVERNANCE AND MANAGEMENT

Market Harborough Methodist Church is part of the Market Harborough Methodist Circuit, which in turn is a component of the Northampton District of the Methodist Church of Great Britain.

With effect from 1[st] September 2022, the Market Harborough Methodist Circuit will merge with the Kettering and Corby and the Rugby and Daventry Methodist Circuits to form the East Mercia Methodist Circuit, a component of the Northampton District of the Methodist Church of Great Britain.

The Minister, who will relinquish the position of Superintendent, is supported by internal groups and committees as follows:

Church Council

The Minister appointed to the Circuit, Church Stewards, Treasurer, Church Council Secretary, up to 21 representative Church Members (elected annually by the General Church Meeting). In attendance is a Circuit Growth and Nurture worker. All appointments are made annually, although there is an expectation that members will serve for a number of years.

All the Committees listed below report to the Church Council, which meets at least twice annually.

Church Stewards

8 stewards are elected by the General Church Meeting, for a maximum of six years. Responsible, with the Minister, for leadership over a whole range of the church’s life and for acting on decisions and policies of the Church Council. Nine stewards have served over the current year.

Property Committee

5 Property Stewards manage the property on a day to day basis and develop property proposals for presentation to the Church Council, covering maintenance and building enhancements.

Pastoral Committee

Minister and Pastoral Visitors. Concerned with the pastoral care of Church members and attenders, maintenance of membership roll and promotion of fellowship through church groups.

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MARKET HARBOROUGH METHODIST CHURCH

TRUSTEES ANNUAL REPORT

YEAR ENDED 31 AUGUST 2022

STRUCTURE, GOVERNANCE AND MANAGEMENT (continued)

Safeguarding Officer

The Church Council appoints a Safeguarding Officer who is appropriately trained and qualified, and this officer is supported by the Circuit Safeguarding Officers, and those at a District level.

Children and Youth Work Activities

Leaders of the various groups of children’s activities are accountable to the Church Council and are also supported by a Circuit committee appointed to oversee youth work more widely.

Stewardship Committee

Meets twice-annually to discuss a nominated charity for the year, and to co-ordinate our financial appeal to members, encouraging them to review their giving.

Prayer Ministry Team

This team of volunteers is active on a Sunday morning to provide prayer support when requested.

Worship and Music Team

Worship services are led by our Minister and other Preachers appointed by the Circuit. Musicians are co-ordinated by our music co-ordinator, and the wider church are occasionally consulted by the Minister in reviewing our provision of worship services.

Governance

Our statutes of governance and procedures such as the appointment of Trustees and other officers follows ‘ The Constitutional Practice and Discipline of the Methodist Church’ ( CPD ), which is revised annually by the Methodist Conference and published annually by Trustees for Methodist Church Purposes (TMCP).

The primary governing body of Market Harborough Methodist Church, in accordance with CPD, is the Church Council. Members of the Council are the Managing Trustees, and the Council is chaired by the Minister. Church Council representatives and Church Stewards are elected at the General Church Meeting which is held annually. All church members can attend this meeting and are entitled to vote and raise any issues for discussion. The Trustees actively seek nominations for new Trustees who can represent all aspects of the church community and its activities.

At the first Church Council meeting of each year, new members receive documentation explaining their role as Trustees, which includes information provided by the Charity Commission. The Trustees receive no remuneration or other financial benefits from their work. All decisions taken at the Church Council meetings are minuted, and a summary is made available to church members and others by newsletters and in the weekly church service notices. A full copy of the Council minutes is displayed on a church noticeboard.

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MARKET HARBOROUGH METHODIST CHURCH

TRUSTEES ANNUAL REPORT

YEAR ENDED 31 AUGUST 2022

STRUCTURE, GOVERNANCE AND MANAGEMENT (continued)

Management

The Trustees have maintained financial management arrangements requiring dual signatures on all cheques, and prior approval for all except minor items of expenditure.

The Trustees have maintained a Safeguarding policy with appropriate DBS (Disclosure and Barring Service) checks for all aspects of the work of the Church with children and vulnerable adults.

The Trustees have maintained a system of formal risk assessment and a risk register. This includes mitigation strategies and is reviewed annually by the Trustees and by relevant sub-committees.

Day to Day management of the premises of the Church and the caretaking staff is delegated to the Property Committee, some members of which are members of the Church Council.

OBJECTIVES AND ACTIVITIES

Market Harborough Methodist Church seeks to achieve its purpose of advancing the Christian Faith by holding public worship on Sundays and on occasional weekdays, and by encouraging its members to live up to the priorities of the Methodist calling, namely evangelism, worship, service, learning and caring.

Every effort is made to ensure that the services are excellent in quality and accessible and inviting to all. The church buildings are open during the week both as a resource for local community groups to utilise and to provide a space for prayer, reflection and rest. Facilities are offered for baptisms, weddings and funerals, together with accompanying pastoral care.

The Church is an active member of ‘Churches Together in Harborough’ which promotes ecumenical dialogue, services and inter-denominational activities within Market Harborough and the surrounding area.

ACHIEVEMENTS AND PERFORMANCE

WORSHIP IN 2022

Throughout the year, the Church was open for public worship having taken the necessary precautions to make the buildings covid-safe.

In addition to services held in the Church when the prevailing covid risk was low, contact with members has been maintained at other times by ‘Zoom’ meetings, weekly pastoral letters/emails, and regular telephone calls by pastoral visitors to those people on their pastoral lists.

Property & Finance

A steady programme of maintenance has continued through the year to ensure that the buildings provide a safe and welcoming space and to reduce their carbon footprint. £13,033 of funds has been donated during the year to support a number of local and overseas projects which help people in need.

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MARKET HARBOROUGH METHODIST CHURCH

TRUSTEES ANNUAL REPORT

YEAR ENDED 31 AUGUST 2022

ACHIEVEMENTS AND PERFORMANCE (continued)

Worship

Whilst the buildings have been open for public worship, the pattern of Sunday services has been sustained, with a willingness to innovate as well as maintaining a tradition of excellence. The church continues to welcome visitors and new members.

The ‘live streaming’ system introduced the previous year continues to allow housebound and other members to experience worship in their own homes alongside the congregation in the Church.

Growth in Membership / Loss of Members

Market Harborough Methodist Church encourages people to express their Christian commitment in terms of baptism, confirmation and church membership. In the year 2021-22, we received eleven new members and conducted no baptisms. One of our members moved away and, sadly, ten members died. In total, thirteen funerals were conducted either on our church premises or by the Minister at another venue (for members and non-members). There was one wedding conducted during the year.

Community Service

The premises remain available to a wide range of community groups and activities. Church members engage as volunteers with a number of these organisations. In particular, members act as Street Pastors, support the Jubilee Food Bank, the Bower House counselling service, and are involved in house-to-house collecting for Christian Aid.

During the year a café was established as a safe meeting place and a source of information for Ukrainian families living within the area. It has been well supported.

Work with Children & Young People

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MARKET HARBOROUGH METHODIST CHURCH

TRUSTEES ANNUAL REPORT

YEAR ENDED 31 AUGUST 2022

ACHIEVEMENTS AND PERFORMANCE (continued)

Ecumenical Links

The Church has participated actively in Churches Together in Harborough and supported the events organised by CTH.

FINANCIAL REVIEW

The Church achieved a surplus for the year ended 31 August 2022 as the buildings were able to reopen and income from received from lettings returned to more normal levels. Offerings from members returned to their previous levels due to many members maintaining their contributions by standing order. Costs were minimised wherever possible to reduce the impact of the lower income although the effects of escalating energy costs are being felt throughout the Church.

Reserves Policy

The Trustees aim to maintain free reserves in the unrestricted General Fund at a level which equates to approximately six months of unrestricted expenditure. The Trustees consider that at this level, the reserves will provide sufficient working capital to cover the normal fluctuations in income and expenditure and to meet emergency calls on cash, for example for unexpected repairs. At the end of the year, General Funds equated to 42.2% of annual General Fund expenditure. (2021 = 39.3%).

During the year a number of legacies were received, principally to support Children & Young Peoples work within the Church. At the end of the year, these funds amounted to £36,694. (2021 = £5,280).

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Unrestricted Restricted Totalsthis Totals last
SECTION A Funds Funds eaf
f f e f
a1 RECEIPTS Note
dL Offerings andTaxrecovered 67,703 22,027 89,730 76,718
Bank and CFB interestand
a3 lnvestrnentrncome 138 119 257 9B
a4 Lettings 18,992 18,992 2,091
a5 Other receipts .1516 13,701 15,217 ZZ,ZII
aG .TOTAL RECEIPTS 88,349 35,847 124,196 (a7) 101,184
SECTIONB
b'1 PAYMENTS
b2 Circuit Assessmentor Share 45,395 45,395 44,316
b3 Donations 13,033 13,033 13 965
b4 irs andIVlaintenance 24,250 24,250 28,958
Utilities(lnsurances. water
b5 charges, heating &lighttng) 9,370 9,370 5,809
b6
b7 Other
ments
4,379 1,320 5,699 2,568
bB TOTALPAYMENTS 83,394 14,353 97,747 (bs) 95,616
SECTIONC
NET RECEIPTS/PAYMENTS
c'1 FOR THE YEAR (a6'b8) 4,955 21,494 26,449 5,568
-[otalfundsbroughtforward from
t"2 last year 35,244 50,356 85,600 (c6) 78,775
c3 Subtotal (c1+c2) 40,199 71,850 112,049 84,343
C4 Transfers and adlustments 1,248 280 1,528 (c7'1 1,257
^F TOTALFUNDSATEND OFYEAR (c3+c4) 41,447 72,130 113,5771 (c8) -as,eool
lcel

conirectedllstrlcl Organs atiors
INTERNAL
ORGANISATIONS
Re()epts Net Reoeiptsi Adiustrnents Opening
ba lances
Clos ng balances
el Seeseparatcshcct 5,182 283 899 (1,528) 3,412 4,783
e2
e3
c-l
e5
e6
e]
eE Sub tolal of lnternal
Orqanisationsiufds
5182 899 3,412 (e11) 4783 (e12|
Church accounts(totals
e9 brought forwardfromPage
2-totalscolumn)
124,196 (a7) 97 47 (be) 26,445 1 528 (c7) 85,600 (c6) 113,577 (c8)
e I t) TOTALCASHI-UND5 HELIJ
BYCHURCH
129,378 1 89,012 (x) 118,360 (v)
Cont nu0 onasepa.lrat0sheet
1ileoessary:trdbrlngtllc
TOTALRECEIPTS PAYMENTS
AL
totalls Iorwalfd

SEC'IIONF
913!EI4E-!Iol-l\9$.qr!.ANDLUlBlLlIrES
OPENING CLOSING
CHURCH
FUNDS HELDat3'1
2022 BALANCES BALANCES
1'l CashLnhand
u []ankCLrrrentAccount 5,693 3,432
l-l Bank l)epositAcoo!nt
til Central Financelloard 34551 49,710
f5 Purposes
Trustces lorIt4ethodrsl
45,3 56 60,435
tb Othcr iunds
n SUBTOTAL-Churchaccounts 85,600 (co1 113,577 (c8)
tt funds held bylnternaOrganisations (the closing
baance tolal fromabove)(e l 2)
3,412 (e11) 4,783 (e12)
p TOTALCASH FUNDSHELD BY CHURCH 89,01 2 (x) 1 18,360 (v)
SEC'TIONG At
1September2021
At
31August 2022
ql Ifvcstnalnts(irlclude hrrdownlents) 34,337 34348
N.2 Iand &Buidinqs(see notes re lnsurance valLlg) 2,701,486 2,877,257
u-l Othor Ass0ts
s4 t-oan(s) - show.tlltount outstandlngatyearend
g5 Otherl-iabr lties

1.
GeneralFunds heldatYIE3110812022
L41 447
2 RestrictedFundsheld L37 782
3 EndowmentFundsheld t3 348
4.
ReservespolicyforGeneral Funds
TheTrustees aimtomaintainfreereservesinthe General Fund (unrestricted)at a levelwhich
equatesto approximatelysixmonths of unrestrictedexpenditure.