## **CHURCH RECEIPTS AND PAYMENTS ACCOUNTS** ## **THE METHODIST CHURCH** # **STANDARD FORM OF ACCOUNTS** ## **Ilford Methodist Church** **Church** FOR THE YEAR ENDED Saturday, August 31, 2024 |**Circuit**
**Barking Dagenham & Ilford**|**Circuit no.**|**35/31**| |---|---|---| |**Registered Charity - Charity Registration number**||| |||1181132| If not a registered charity **His 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: ## **Reverend Mmasape Thathane-Tyolweni** Church Stewards: Lorna Brown Shirley Best Pam Best Joan Morris Julie Philips Treasurer: **Lorna Brown** cf873e01-531d-4f6a-8dd7-c48cecec83aa.xls 1 of 5 **Ilford Methodist Church Church** **ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024** ||**SECTION A**|||**Unrestricted**
**Funds**
**Restricted**
**Funds**|**Unrestricted**
**Funds**
**Restricted**
**Funds**|**Totals this**
**year**|**Totals this**
**year**|**Totals last**
**year**|| |---|---|---|---|---|---|---|---|---|---| |||||**£**|**£**|**£**||**£**|| |a1|**RECEIPTS**||**Note**||||||| |a2|Offerings andTax recovered|||13,972||**13,972**||13,046|| |a3|Bank and CFB interest and
Investment income|||6,020||**6,020**||3,781|| |a4|Lettings|||127,255||**127,255**||136,564|| |a5|Other receipts|||60||**60**||90|| |a6|**TOTAL RECEIPTS**|||**147,306**||**147,306 **|**(a7)**|**153,481**|| ||||||||||| ||**SECTION B**||||||||| |b1|**PAYMENTS**||||||||| |b2|CircuitAssessment orShare|||33,864||**33,864**||38,861|| |b3|Donations|||945||**945**||1,070|| |b4|Repairs andMaintenance|||14,581||**14,581**||15,580|| |b5|Utilities (Insurances, water
charges,heating& lighting)|||29,924||**29,924**||20,348|| |b6|||||||||| |b7|Otherpayments|||36,721||**36,721**||42,916|| |b8|**TOTAL PAYMENTS**|||**116,034**||**116,034 **|**(b9)**|**118,775**|| |||||||**31,272**|||| ||**SECTION C**||||||||| |c1|**NET RECEIPTS/PAYMENTS**
**FOR THE YEAR**
**(a6-b8)**|||31,272||**31,272**||34,707|| ||||||||||| |c2|Total funds brought forward from
last year|||193,996||**193,996 **|**(c6)**|159,271|| ||||||||||| |c3|**(c1+c2)**
**Sub total**|||225,268||**225,268**||**193,978**|| ||||||||||| |c4|Transfers and adjustments||||||**(c7)**|18|| ||||||||||| |c5|**TOTAL FUNDS AT END OF YEAR**
**(c3+c4)**|||**225,268**||**225,268 **|**(c8)**|**193,996**|**(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 broughtforwardfrom last year||79||545| |d2|Offerings/Gifts- receivedforexternalorganisations||||209| |d3|Offerings/Gifts -passed to external organisations||||675| |d4|**BALANCE STILL TO BE PAID** (d1+d2-d3)||**79**||**79**| 2 of 5 cf873e01-531d-4f6a-8dd7-c48cecec83aa.xls Ilford Methodist Church **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 2024 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||||||||||||||| |e2||||||||||||||| |e3||||||||||||||| |e4||||||||||||||| |e5||||||||||||||| |e6||||||||||||||| |e7||||||||||||||| |e8|Sub total of Internal
Organisations funds|||||||||||**(e11)**||**(e12)**| |e9|**Church accounts (totals**
**brought forward from page**
**2 - totals column)**||**147,306 **|**(a7)**|**116,034 **|**(b9)**|**31,272**||**(116) **|**(c7)**|**193,996 **|**(c6)**|**225,152**|**(c8)**| |e10|**TOTAL CASH FUNDS HELD**
**BY CHURCH**||**147,306**||**116,034**||**31,272**||**(116)**||**193,996**|**(x)**|**225,152**|**(y)**| ||||**TOTAL RECEIPTS**|||||||||||| ## **SECTION F** ## **STATEMENT OF ASSETS AND LIABILITIES** ||**STATEMENT OF ASSETS AND LIABILITIES**|**STATEMENT OF ASSETS AND LIABILITIES**||||| |---|---|---|---|---|---|---| ||**CHURCH - CASH FUNDS HELD at 31 August 2024**
Central FinanceBoard
Trustees for Methodist Church Purposes
Other funds
Total funds held by Internal Organisations (the closing
balance total from above) (e12)
Bank DepositAccount
**SUB TOTAL - Church accounts**
**TOTAL CASH FUNDS HELD BY CHURCH**
Cash in hand
Bank Current Account||**OPENING**
**BALANCES**
5
79,379
110,332
4,280
**193,996**
(c6)
(e11)
**193,996**
(x)||**CLOSING**
**BALANCES**|| |f1|Cash in hand||||9|| |f2|Bank Current Account||||102,735|| |f3|Bank DepositAccount|||||| |f4|Central FinanceBoard||||118,128|| |f5|Trustees for Methodist Church Purposes||||4,280|| |f6|Other funds|||||| |f7|**SUB TOTAL - Church accounts**||||**225,152**|(c8)| |f8|Total funds held by Internal Organisations (the closing
balance total from above) (e12)|||||(e12)| |f9|**TOTAL CASH FUNDS HELD BY CHURCH**||||**225,152**|(y)| |||||||| ||**SECTION G**
**OTHER ASSETS and LIABILITIES**||At
1 September 2023||At
31 August 2024
5,575,297
1,970|| |g1|Investments (includeEndowments)|||||| |g2|Land & Buildings (see notes re Insurance value)||5,575,297||5,575,297|| |g3|Other Assets|||||| |g4|Loan(s)-showamount outstanding at yearend|||||| |g5|Other Liabilities||2,086||1,970|| 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 3 of 5 cf873e01-531d-4f6a-8dd7-c48cecec83aa.xls Name of Church …………………………………………………………… No……….. ## **Declarations and Scrutiny** I confirm that these Receipt and Payment based accounts for the year to 31 August 2024 have been prepared from the records of the Church and that they include all funds under the control of the Church trustees. Signature of treasurer ……………………………………………………… Date…………………….. Name and address of treasurer …………………………………………………………………………. …………………………………………………………………………………. Post Code……………… ## **Presentation to the Church trustees** I confirm that the annual report and accounts for the year ended 31 August 2024 were/will be* presented to the meeting of the Church trustees held on …………….. Signature of the Chair of the meeting …………………………………………………………………… Name of the Chair of the meeting …………………………………………… Date …………………… ## **Independent Examiner’s Report to the Trustees of the** ## **……………………..……………………..Church** ## **Charity Number …………..** ## **Responsibilities and basis of report** I report to the trustees on my examination of the accounts of the …………………………………. Church for the year ended 31 August 2024 set out on pages … to …. As the Church’s trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the Church’s accounts carried out under section 145 of the Act and, in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. * delete or circle as appropriate 4 of 5 cf873e01-531d-4f6a-8dd7-c48cecec83aa.xls Name of Church ………………………………………………………………………… No …………. ## **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: - the accounting records were not kept in accordance with section 130 of the Act; or - the accounts do not accord with the accounting records. 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 ………………………………………………………………………. Relevant professional qualification of independent examiner ……………………………………… Name of firm (where appropriate) ……………………………………………………………………… Address …………………………………………………………………………………………………… ……………………………………………………………………………….. Post Code ……………… Date ………………………………………… ## * delete or circle as appropriate Form Reviewed Aug-24 cf873e01-531d-4f6a-8dd7-c48cecec83aa.xls 5 of 5 Nameofchurch............. No.. .).iellZ2 Declarations and Scrutiny I confimi that these Receipt and Payment based accounts for the year lo 31 August 2024 have been prepared from the records of the Church and that they include all funds under the control of the Church truslees. Signature of treasurer Dale...... Name and address of treasurer . Post Code........ .G.I...s LT Presentstlon to the Church trustees I confirm that the annual report and accounts for the year ended 31 August 2024 werethill be. presented lo.the meeting of the Church trustees held on Signature of the Chair of the meeting Name of the Chair of the meeting Date . Independent Examiner's Report to the Trustees of the ..Chureh Charity Number.. J.J..g.1.12Z Responsibilities and basis of ￿port I report to the trustees on my examination of the a¢￿unt$ of the . . Church for the year ended 31 August 2024 set out on pages lo As the Church's trustees, you are responsible for the preparation of the accounts in acGordance wrth the requirements of the Charities Act 2011 I'lhe Acl'l I report in respect of my examination of the Church's accounts carried out under section 145 of the Act and. in carrying out my examination, I have followed all the app5icable Directions given by the Charity Commission under section 145{5llb) of the Act. delete or circle as appropriate StaThJ￿ FL*mAccoJnts lcnuth.re￿piwr1I.Ps￿n￿ts1 202&24 4ofS Name of Church: Ilford Methodist …………………………………… No ..35/31……. ## **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: - the accounting records were not kept in accordance with section 130 of the Act; or - the accounts do not accord with the accounting records. 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: Suzette McLean Relevant professional qualification of independent examiner: N/A Name of firm (where appropriate) ……………………………………………………………………… Address: 27 Kingsway Aldershot Post Code: GU11 3PF Date: 06/05/2025 * delete or circle as appropriate Form Review May-23 Ilford Methodist - Standard Form of Accounts 2023-2024 5 of 5