The We81ey C¢n¢re (Mglton) Report of the Trustees for the Year Ended 31 August 2024 The InteeS present their report with the financial statements of the charity for the year ended 31 August 2024. The trnStees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Prdctice applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in th¢ UK and Republi¢ of Ireland (FRS 102) (effective l January 2019). Objecdve8 and actlvltles of the charity Objectives To further or benefit the residents of Malton. and th¢ district of Ryedale. without distinction of se sexual orienlation, race or of political. religious or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure tim¢ Cupation with the objective of improving the conditions of life for the residents: To advance the Christian religion in Malton. and the distri¢t of Ryedale foT the benefit of the public through the provision and maintenance of the Wesley Centre for use as a place of worship. To advance the education of the public through the preservation and maintenance of the Grade JI* listed Wesley Centre Malton building (fornierly known as Malton Methodist Church). Public benefit In setting objectives and planning for activities. the Trustees have given due consideration to general guidance published by the Charity Commission rel&tin8 to Pllblic benefit, including the guidance 'Public benefit.. running a charity (PB2)'. Details of how the charity has Caled out its activilies for public benefit are given in the achi¢v¢mcnts and p¢rfornJance section below. Acbievements perfomanee During the year, the third developrnental Phase of major works to restore and transfomi the Wesley Centre, continued. This will facilitate much greater use of the large main auditorium space by the wider community. including its partial re-purposing as a classical concert venue and for other community purposes. The first element of this Phase commenced on site in November 2022. The remit has been extensive, and not since its first opening in August 1811 has the building received so mu¢h physical intervention primarily to ensure that it is fit for purpose and is future-proofed for generations to ¢om¢- moreov¢r that it is ¢apable of being used each day by the wider community. In addition to roofing envelope works, exterior drainage and loft-space activiti¢s. the preliminary works includcd thc rc¥noval of all the remaining ground floor fixcd pcws in the large main spa¢¢ (bar two examples, which have sinee been restored and re-positioned at the sides of the main space, as a lasting symbol of the buildin8s' herita8e)- The first two years of these major works saw the installation of all new building services, hidden from view beneath th¢ floor substrat¢ and other vertical voids. this included plWork, du¢tin8 and cabling for new heating and ventilation systems, three-phase electrical power, audio visual systems, and controls for lighting and datal Wi-fi. All the large stain-glass windows were meticulously restored, a new eco-efficient heating and ventilation system installed. a new oak entrance lobby created. and a ncw ftUre oak floor laid over the entire 200 square metre ground floor area. A new accessible WC has been installed close to the main entrance as well as dedicated facilities for the Malton Free Fridge, and for the new Community Café. The building has been re-decorated to a high standard throughout. The national conservation oificer of the Methodist Church has remarked that the quality of the restoration itself and of the transfomative works at the Wesley Centre. is arnong th¢ highest she h&s seen.
In no small pa this is testament to the meticulous efforts and expertise expressed by the project architects, Rogerson Limited. Work on Phase 3 continued after the year-¢nd. with the majority of all these activities planned for completion by late 2024. The programme of works however had to be slowed as some uncertainty was created following the general ele¢tion in 2024. Two major grant prospects (in value of up to £1.8 million). both Government-related, were initially paused and sub.*quently became unavailable/ cancelled, respectively. This was a significant disappointment as these funds were planned to support Phase 4. (the final phase). whi¢h will se¢ the re-instatement of a new three-storey annexe to the rear of the east wall of the building (see below for further details). Critically, the engineering issues associaied with the master plan called for these final works to continue seamlessly from Phasc 3? given the significant structural nature of the capital development. As a consequence, a decision was made in late 2024 to press ahead with the compl¢tion of Phas¢ 3. This created significant pressures on finance- bringing forward certain items from Phase 4 to ensure that the building could be partially re-opened and utilised as quickly as possible. In particular, we are grateful to the continuing support of the Ryedale Methodist Circuit which has assisted this challenge through the provision of a £150,000 soft loan and a short-tem additional cmsh facility- The soft loan will be repaid to the Circuit by Year 3 of full operations of the Wesley Centre. The charity estimates that the total cost impact of not being able to '5eaTnlessly' continue with Phas¢ 4 as planned, amounts to approximately £220,000. Notwithstanding the effects of inflation over the next 12 months, it is anticipated that a high prow)rtion of this sum will be able to be deducted from the total planned cost of Phase 4. After the year-end, enquiries and confirn)ed bookings for the available 'new' spaces are high from many local community organisations and others, including as a rehearsal space for no less than four local choirs. for a number of book launches, as well as venue hires for classical concerts and public meetings. These b(x)ktngs came into effect from the beginning of September 2024, which included a number of highly successful concerts inthe space during the Christmas period. The Meih(Klist Church at the Wesley Centre resumed its Sunday morning s¢rYic¢s in the building from the beginning of November. In September 2024, th¢ Wesley Centre was designated as having'conference Status, by the Methodist Church in Great Britain. This meant that for Ihe first tim¢. alcohol would be pemiitted to bc sold and seryed at public events. enabling the Wesley Centre to be able to broaden its 0pe for communty and commercial usage and to be able lo compete effectively with other regional establishments in the mark¢ts in whid] it operdtes. The Wesley Centre continued its successful trdck record of fundraising during the year with a number of new grants received, most notably including a second major grdnt from Benefact TrnsL of £IOO.000. To date. a total of Tnore than £2.2 million has been invested in delivering the scheme's overall vision. The Wesl¢y Centre is most grateful to all its benefactors and grant making organ15ations for their very generous support. Plans for fulure periods Intensive work also continued during the year on new fundraising initiatives and preparalions with the project's architect and design team for the detailed plans associated with the fin&l element, Phase 4. This comprises the reinstatement of the three-storey attached annexe to the rear of the main buildin8, known as the'East Wing.. The new E&8t Wing will contsin a wide variety of ncw additional community spaces, together with new cloakrooms and a professional events kitchen. Phase 4 will also include the reinstatement of a large historic 3 manual 31 stop pipe organ which will be centrally positioned in this large spact, and, in its own righl is an instrument able lo attract some of the most renowned national and internationat perforniers to play in ¢onc¢rt. as well as supporting the classical concert programming in general.
With practical completion of Phase 3 to be made in summer 2025, all necessary perniissions, architectural and sttuclural plans now already in place for the final phase. The final phase (Phas¢ 4) has a build programme of approximately 40 weeks and following a re-t¢nder process of these works. this work will commcllce on site as soon as funds pennit. In summary Over the past decade, Malton's Wesley Centre has largely b¢en transformed. As part of a focvss¢d pro8rammc, three of four key phases of major capital works have now so far been successfully undertaken to ensure that the Wesley Centre is well-positioned to benefit from the expansion of a rapidly growing community. Malton was and remains today the commercial heart of southern Ry¢d&le, where Methodism has had a deep-roofrd Presence for almost 215 years. 'New' foundations have been lllid for the Wesley Centre once again to be at the centre ofthis outreach to the wider community in Maltonl Norton and the suffounding region. It is now well-placed to take full advantage of both the scale and flexibility ofthe building itself, and io me¢tihe needs of its people. In practical tenns, £2.2 million has so far bcen invested in the necessary physi¢al ¢hang¢s to the building- future-proofing its new capabilities for futL]re generations. and enduring partnerships have also been fostered with organisations such as the Malton Free Fridge and other community organisations that now use the Wesley Centre on a regular basis. And many thousands of peopl¢ now enter and leave the building in thc knowlcdgc that in tcrEns of community andplace. there is a genuine welcome for all, regardless of who you are, and that we are a hospitable meeting place in the heart of Malton. The vision and ethos of the ¢haTity is straight fonvard, as indicated by our objects. We are making all of our facilities available to other charities and community organisations, and wc do so affordably for such organisations. We balance this objective with revenue generative initiatives such as the Community Café, the Classical Concert Programming, and as host for a wide variety of other public events. such as ¢onf¢rencing. and banqueting. This mix has been carefully desigtted to ensure financial Sustainability for fvture generations. At the time of writing, the Community Café is the final remaining major element of OUT Phase 3 capital investmenL and this has required a significant amount of professional planning. not least to ensure that it can stand-out and complete in a crowded fel eatery space in Malton and elsewhere in the district. The Cafe kitchen and associ&ted ser¥eri¢s a compl¢x ¢l¢m¢nts and r¢pr¢s¢nt a total investment of approximately £145,000. All such building elements have been completed, and major items such as the kitchen extrnct system are also now already in situ. The Cafe and associated elements are funded vla a Mix of lease finance, interest free equipment proviskon, and a cash injection from the Wesley Centre. The Community Café mlnS our top priority to complete and to open during September 2025, not lea8t to provide a new and unique space for the entire community to use enabling us to start delivering the first of several high priority revenue generative initiatives that will ensure the sustainability of the Wesley Centre as a wholc for thc long-tcrni. Fin4ll¢ial review . Going eoncern After making appropriate enquiries and with the ongoing support of a soft loan from a Trustee and the Ryedale Methodist Circuit, th¢ Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Forthis reason, they continue to adopt the going concern basis in pr¢paring th¢ financial stat¢rn¢nts. Furthcr d¢tai15 r¢garding the adoption of the going con¢¢rn basis w] be found in the accounting policies. b. Reserves policy Prior to the acliviiies of the Wesley Centrc moving froni 'development mode, to a llY operational position once the new facilities are complete. it is intended that a n¢w r¢s¢rv¢s policy will be adopted for the chlty.
c. Results The Charity's accounts show a surplus of £395,336 for the period of 31 August 2024 (2023= deficit of £21,221) and total funds (all unrestricted) of £415,280 (2023: £19,944) as at the balance sheet date. However. £536.401 of these funds are invested in fixed assets, 50 the balance sheet shows a net defictency of assets at 31 August 2024 of £124.121. Creditors due within one year include loans from TTust¢¢s totalling £67.764 and th¢ trust¢es hav¢ confimied that repayment of iheir balances will be postponed to the extenr that any repayment would prejudice the payment of the charity's debts as they fall due. A Memorandum of Understanding (Mou) beiween the charity and the Church was signed in November 2020 setting out the relationship between the charity and the Church. Prior to this in August 2020, the Chur¢h Council agr¢cd that th¢ Mou can ¢v¢ntually be transitioncd into a Icase on all the premises. and this key point is reflected as such in the Mou. To this end. such a lease h&8 already been drafted, pending completion of the developmental works. Struetureg governance and management The Wesley Centre (Malton) is a registered charity, number 1181629, and is constituted as a Charitable l])COTporated Organisation (CIO) under the foundation tnodel. b. Meihods of appoinlmenl or eleclion of Trwtees The management of the charity is the responsibility of the Tnte¢S who are elected and Co-opted under the t¢rnis of the Trust deed. The decisions of the Church Council will have prAmacy on such matters that remain core to the partnership relationship. As the charity is now transitioning to an oper&tional phase, a number of new trustees with cxpcrt specialisms in key areas of op¢rations will be sought. Statement ofeompliance with prevailing law5 and regulat10115 The financial statements have been pr¢par¢d to give a'true and fairf view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required io provide a'true and fair view,. This departure has involved following the Accounting and Reporting by Charities.. Statement of Recommended Praclice appliLabl¢ to Lhurities preparing their accounls in ac¢ordan¢¢ with the Financial Reporting Standard applicable in the UK and Rcpublic of Ireland (FRS 102) issued in October 2019. Approved by order of th¢ board of trustees on ....... ... ... ... .. by.. and signed on its behalf P Emkrley- Trustee
| Charity No (if any) 1181629 Period start date 01/09/2023 To Period end date 31/08/2024 Charity Name: The Wesley Centre (Malton) Annual accounts for the period |
Charity No (if any) 1181629 Period start date 01/09/2023 To Period end date 31/08/2024 Charity Name: The Wesley Centre (Malton) Annual accounts for the period |
|
|---|---|---|
| Section A | Statement of financial activities | |
| Recommended categories by activity Incoming resources (Note 3) Income and endowments from: Donations and legacies Other trading activities Investments Resources expended (Note 5) Expenditure on: Charitable activities Reconciliation of funds: Total Total funds brought forward Total funds carried forward Total NET INCOME/EXPENDITURE |
Guidance Note S01 S03 S04 S07 S09 S12 S13 S21 S22 |
Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05 421,683 - - 421,683 3,501 22,573 - - 22,573 19,071 1 - 1 - |
| 444,257 - - 444,257 22,572 |
||
| 48,921 - - 48,921 43,793 |
||
| 48,921 - - 48,921 43,793 |
||
| 395,336 - - 395,336 21,221 - |
||
| 19,944 - - 19,944 41,165 |
||
| 415,280 - - 415,280 19,944 |
----- Start of picture text -----
Charity Name: The Wesley Centre (Malton) Charity No 1181629
Annual accounts for the period Period start date: 01/09/2023 To period end date: 31/08/2024
Section B Balance sheet
Restricted
Unrestricted income Endowment Total this Total last
Guidance note funds funds funds year year
£ £ £ £ £
Fixed assets F01 F02 F03 F04 F05
Tangible assets (Note 7) B02 539,401 - - 539,401 54,375
Total fixed assets B05 539,401 - - 539,401 54,375
Current assets
Debtors (Note 8) B07 118,208 - - 118,208 118,164
Cash at bank and in hand (Note 10) B09 1,026 - - 1,026 136
Total current assets B10 119,234 - - 119,234 118,300
Creditors: amounts falling due within
one year (Note 9) B11 93,355 - - 93,355 152,731
Net current assets/(liabilities) B12 25,879 - - 25,879 - 34,431
Total assets less current liabilities B13 565,280 - - 565,280 19,944
Creditors: amounts falling due after one
year (Note 9) B14 150,000 - - 150,000 -
Provisions for liabilities B15 - - - - -
Total net assets or liabilities B16 415,280 - - 415,280 19,944
Funds of the Charity
Unrestricted funds B19 415,280 - 415,280 19,944
Total funds B22 415,280 - - 415,280 19,944
----- End of picture text -----
The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to
These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.
Signed by one or two trustees/directors on behalf of all the trustees/directors
Date of approval Print Name dd/mm/yyyy
CC17a (Excel)
27/06/2025
2
539401 CC17a IExc&ll 2710612025
Section C Notes to the accounts
Note 1 Basis of preparation
1.1 Basis of accounting
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with:
the Statement of Recommended Practice: Accounting and Reporting by Charities • and with preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 the Financial Reporting Standard applicable in the United Kingdom and Republic of • and with Ireland (FRS 102)
- and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.*
Yes
- -Tick as appropriate
1.2 Going concern
If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:
An explanation as to those factors that support the conclusion that the charity is a going concern;
Disclosure of any uncertainties that make the going concern assumption doubtful;
Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.
Not Applicable
Not Applicable
Not Applicable
1.3 Change of accounting policy
The accounts present a true and fair view and the accounting policies adopted are those outlined in note { }.
Yes * -Tick as appropriate No
1.4 Changes to accounting estimates
No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).
Yes * -Tick as appropriate No
CC17a (Excel)
27/06/2025
4
1.5 Material prior year errors
No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).
----- Start of picture text -----
Yes
-Tick as appropriate
No
----- End of picture text -----*
CC17a (Excel)
27/06/2025
5
Section C Notes to the accounts (cont)
Note 2 Accounting policies 2.2 INCOME
Recognition of income These are included in the Statement of Financial Activities (SoFA) when: the charity becomes entitled to the resources; · it is more likely than not that the trustees will receive the resources; and the monetary value can be measured with sufficient reliability. There has been no offsetting of assets and liabilities, or income and expenses, unless required or Offsetting permitted by the FRS 102 SORP or FRS 102.
----- Start of picture text -----
Yes No N/a
Yes No N/a
Yes No N/a
Yes No N/a
Yes No N/a
Yes No N/a
Yes No N/a
Yes No N/a
Yes No N/a
Yes No N/a
Yes No N/a
Yes No N/a
Yes No N/a
Yes No N/a
Yes No N/a
Yes No N/a
Yes No N/a
Yes No N/a
Yes No N/a
Yes No N/a
Yes No N/a
Yes No N/a
----- End of picture text -----
Grants and donations are only included in the SoFA when the general income recognition Grants and donations criteria are met (5.10 to 5.12 FRS102 SORP).
In the case of performance related grants, income must only be recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met (5.16 FRS 102 SORP). Legacies Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met. Government grants The charity has received government grants in the reporting period
Gift Aid receivable is included in income when there is a valid declaration from the donor. Tax reclaims on Any Gift Aid amount recovered on a donation is considered to be part of that gift and is donations and gifts treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. Contractual income and This is only included in the SoFA once the charity has provided the related goods or performance related services or met the performance related conditions. grants Donated goods are measured at fair value (the amount for which the asset could be Donated goods exchanged) unless impractical to do so.
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at the carrying amount of the stocks at distribution. Donated goods for resale are measured at fair value on initial recognition, which is the expected proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance sheet. On its sale the value of stock is charged against 'Income from other trading activities' and the proceeds from sale are also recognised as 'Income from other trading activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SoFA as incoming resources when receivable.
Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable.
Donated services and Donated services and facilities are included in the SOFA when received at the value of facilities the gift to the charity provided the value of the gift can be measured reliably. Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA. Support costs The charity has incurred expenditure on support costs. The value of any voluntary help received is not included in the accounts but is described Volunteer help in the trustees’ annual report. Income from interest, This is included in the accounts when receipt is probable and the amount receivable can royalties and dividends be measured reliably. Income from membership Membership subscriptions received in the nature of a gift are recognised in Donations subscriptions and Legacies. Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities. Settlement of insurance Insurance claims are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other claims income in the SoFA. This includes any realised or unrealised gains or losses on the sale of investments and Investment gains and losses any gain or loss resulting from revaluing investments to market value at the end of the year.
2.3 EXPENDITURE AND LIABILITIES
| 2.4 ASSETS Intangible fixed assets Heritage assets Redundancy cost The charity made no redundancy payments during the reporting period. Deferred income No material item of deferred income has been included in the accounts. These are capitalised if they can be used for more than one year, and cost at least Creditors The charity has creditors which are measured at settlement amounts less any trade discounts Provisions for liabilities A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date Basic financial instruments Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. The charity has intangible fixed assets, that is, non-monetary assets that do not have physical substance but are identifiable and are controlled by the charity through custody or legal rights. The amortisation rates and methods used are disclosed in note 9.5 They are valued at cost. The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and maintained principally for their contribution to knowledge and culture. The depreciation rates and methods used as disclosed in note 9.6.1.4. Liability recognition Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. The charity accounts for basic financial instruments on initial recognition as per paragraph 11.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP. Tangible fixed assets for use by charity The depreciation rates and methods used are disclosed in note 9.2. Governance and support costs Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. They are valued at cost. Investments Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment. Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments Grants with performance conditions Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output. Grants payable without performance conditions Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the commitment, a liability for the full funding obligation must be recognised. Stocks and work in progress Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net realisable value. They are valued at cost. Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock. Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract. Debtors Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received. Current asset investments The charity has has investments which it holds for resale or pending their sale and cash and cash equivalents with a maturity date less than one year. These include cash on deposit and cash equivalents with a maturity date of less than one year held for investment purposes rather than to meet short term cash commitments as they fall due. They are valued at fair value except where they qualify as basic financial instruments. |
Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a |
|---|---|
POLICIES ADOPTED Fixed assets are capitalised at cost. No depreciation has been charged to date on the fixtures, ADDITIONAL TO OR equipment and re-development costs purchased to date because the Centre has been unavailable due DIFFERENT FROM to the major Phase 3 work. Depreciation on the original cost will be charged from the date the Centre THOSE ABOVE reopens.
Section C Notes to the accounts (cont)
Note 3 Analysis of income
----- Start of picture text -----
Restricted
Unrestricted income Endowment
funds funds funds Total funds Prior year
Analysis £ £
Donations Donations 19,496 - - 19,496 267
and legacies: Grants (Note: 4) 402,187 - - 402,187 3,224
Sundry Income 10
Total 421,683 - - 421,683 3,501
Other trading
activities: - - - - -
Rent received 18,079 - - 18,079 19,071
Service charges 4,494 - - 4,494 -
Other - - - - -
Total [ 22,573 ] - - 22,573 19,071
Income from Interest income 1 - - 1 -
investments: Dividend income - - - - -
Rental and leasing income - - - - -
Other - - - - -
Total [ 1 ] - - 1 -
TOTAL INCOME 444,257 - - 444,257 22,572
Other information:
All income in the prior year was unrestricted except for:
2023: £2,500 of Donations and legacies was attributalbe to
(please provide description and amounts) restricted funds.
----- End of picture text -----
CC17a (Excel)
27/06/2025
9
Section C Notes to the accounts (cont)
Note 4 Analysis of receipts of Grants
Grant 1 Grant 2 Grant 3 Grant 1 Grant 2
Please provide details of any unfulfilled conditions and other contingencies attaching to grants that have been recognised in income.
----- Start of picture text -----
This year
Description £
North Yorkshire Council
242,530
Listed Place of Worship
59,657
Benefact Trust - Benefact Trust Methodist Grants Programme
100,000
Total [ 402,187 ]
Last year
Description £
Ryedale District Council - Community Café
2,500
Cause UK
724
Total
3,224
This year Last year
There were no unfulfilled conditions and other There were no unfulfilled conditions and other
contingencies attaching to grants recognised contingencies attaching to grants recognised in
in income for the year ended 31 August 2024 income for the year ended 31 August 2023
----- End of picture text -----
CC17a (Excel)
27/06/2025
10
Section C Notes to the accounts (cont)
Note 5 Analysis of expenditure
| TOTAL EXPENDITURE Total expenditure on charitable activities Analysis Core Activities Expenditure on charitable activities: |
Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds Total funds 48,921 - - 48,921 43,793 - - 43,793 This year Last year |
|---|---|
| 48,921 - - 48,921 43,793 - - 43,793 |
|
| 48,921 - - 48,921 43,793 - - 43,793 |
CC17a (Excel)
27/06/2025
11
Section C Notes to the accounts
Note 6 Details of certain items of expenditure
6.1 Fees for examination of the accounts
Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).
Independent examiner’s fees
----- Start of picture text -----
This year Last year
£ £
1,800 5,000
----- End of picture text -----
CC17a (Excel)
27/06/2025
12
Section C Notes to the accounts (cont)
Note 7 Tangible fixed assets
7.1 Cost or valuation
| 7.1 Cost or valuation | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Re-Development costs £ |
Other land & buildings £ |
Plant, machinery and motor vehicles £ |
Fixtures, fittings and equipment £ |
Total £ |
||||||
| At the beginning of the year | - | - | - | 54,375 | 54,375 | |||||
| Additions | 443,122 | - | - | 41,904 | 485,026 | |||||
| Revaluations | - | - | - | - | - | |||||
| Disposals | - | - | - | - | - | |||||
| Transfers * | - | - | - | - | - | |||||
| At end of the year | 443,122 | - | - | 96,279 | 539,401 | |||||
| 7.2 Depreciation and impairments | ||||||||||
| **Basis | SL or RB (Straight Line or Reducing Balance) |
SL or RB | SL or RB | SL or RB | SL or RB | |||||
| ** Rate | ||||||||||
| At beginning of the year | - | - | - | - | - | |||||
| Disposals | - | - | - | - | - | |||||
| Depreciation | - | - | - | - | - | |||||
| Impairment | - | - | - | - | - | |||||
| Transfers* | - | - | - | - | - | |||||
| At end of the year | - | - | - | - | - | |||||
| 7.3 Net book value | ||||||||||
| Net book value at the beginning of the | year | - | - | - | 54,375 | 54,375 | ||||
| Net book value at the end of the year | 443,122 | - | - | 96,279 | 539,401 |
CC17a (Excel)
27/06/2025
13
Section C Notes to the accounts (cont) Note 8 Debtors and prepayments
8.1 Analysis of debtors Trade debtors Prepayments and accrued income VAT Other debtors Total
----- Start of picture text -----
This year Last year
£ £
- 11,709
792 2,976
11,724 3,327
105,692 100,152
118,208 118,164
----- End of picture text -----
CC17a (Excel)
27/06/2025
14
Section C Notes to the accounts (cont)
Note 9 Creditors and accruals
9.1 Analysis of creditors
| 9.1 Analysis of creditors | |
|---|---|
| Other loans Trade creditors Other creditors Accruals and deferred income Accrued expenses Total |
This year Last year This year Last year £ £ £ £ 67,764 36,919 150,000 - 17,589 89,232 - - 6,081 6,081 - - - 14,801 - - 1,921 5,698 - - Amounts falling due within one year Amounts falling due after more than one year |
| 93,355 152,731 150,000 - |
CC17a (Excel)
27/06/2025
15
Section C Notes to the accounts (cont)
Note 10 Cash at bank and in hand This year Last year £ £ Cash at bank and on hand 1,026 136 Total 1,026 136
CC17a (Excel)
27/06/2025
16
Section C Notes to the accounts (cont)
Note 11 Transactions with trustees and related parties
28.1 Trustee remuneration and benefits
This year
None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)
TRUE
28.2 Trustees' expenses
No trustee expenses have been incurred (True or False)
TRUE
Section C Notes to the accounts (cont)
Note 12 Transactions with trustees and related parties
Malton Methodist Church
The restoration of the Malton Methodist premises is being undertaken jointly by Malton Methodist Church (MMC) and The Wesley Centre (Malton). Project management is carried out by The Wesley Centre, which makes the payments to contractors and suppliers. Costs up to 31st August 2020 were funded through MMC. Following the inception of the Memorandum of Understanding between The Wesley Centre & MMC, as endorsed by the Trustees for Methodist Church Purposes, certain costs are now being funded directly through The Wesley Centre.
£105,692 of the total debtors due within 1 year represent an amount due by the MMC but it is expected this debtor will be offset against future revenue payable to MMC.
Three (2023: Three) of the Wesley Centre's Trustees hold the position of Steward in MMC
Loans from trustees
At 31 August 2023, the Wesley Centre's creditors included a balance of £34,919, with additional of £20,845 ommitted from the previous accounts in respect of a loan from Mr P Emberley, one of the trustees. During the year, Mr Emberley advanced a further £19,700 to the charity and £9,700 was repaid to him. The balance of £65,764 owed to Mr Emberley at 31 August 2024. No interest is payable on this loan and there is no fixed repayment date. The charity also holds a loan of £2,000 from another trustee, Mr R Lukey, which is included in the balance sheet under loans due within one year. Mr Emberley and Mr Lukey have confirmed that repayment of these balances will be postponed to the extent that any repayment would prejudice the payment of the charity's debts as they fall due.
CC17a (Excel)
27/06/2025
18
CC17a (Excell 19 2710612025
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of fHe NesLeLI CQWJloÉ CHAL1oNJl 31 ft(JG L)£T oogL4 On accounts for the year ended Charity no (If any) Iig162q Set out on pago8 1- 18 I report lo the trustees on my examination of the accounts of the above charity {"the Trust'} for the year ended 31 0& 202Lk Rgsponsibilitles and As the charity truslees of the Trust, you are responsible for the preparation basis of rgport of the aCcontS in accordance with the requirements of the Charities Act 20111.the Act"). I report in Spect of my examination of the Trust's accounts carried oul under section 145 of the 2011 Act and in carrying out my examination. I have followed the applicable Directions given by the Charity Commission under section 145{5llb) of the Act. have completed my examination. I confim that no material matters have come to my attention lother than that disclosed below'l in ¢onnection with the examination which gives me cause to believe that in, any material respect.. accounting records were not kept in ac¢ordance with se¢tlon 130 of the Act or the accounts do not accord with the aGGounling records Indapèndent oxaminerfs statement I have no concems and have come across other matters in connection with the examination to which attention should be drawn in ord8r to enable proper understanding of the accounts lo be reached. Please delgte the words in the brackets if they do not apply. Slgned: Date: 27 06 Name: CNMA CAE Relgvant profgsslonal quallflcatlonls) or body (If any): IcAewJ Addres$: 23 CAf2TH, 86efORD, DQIPflieLD, 110?£ 8¢ IER October 2018
Section B Disclosure Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts-. directions and guidance for 8xaminers). Give here brief details of any Items that the examlner wlshes to dlsclose. IER Octobor 2018