CHURCH RECEIPTS AND PAYMENTS ACCOUNTS THE METHODIST CHURCH STANDARD FORM OF ACCOUNTS All Saints Methodist Church Abin don Church FOR THE YEAR ENDED 31 August 2024 Northam ton Circult CirGUIt no. 23 Registered Charity - Charity Registration number If not a registered charty His Majestys Revenue and Customs Gift Aid numbor (The HMRC number is equivalent to a registered charity number in terms of evidence of charitab5e status and may be used lo give to donors or grant funders ￿$hing to see eviden￿ of the organisation's charitable status. Method sl charities in England and Vvales that are not registered charities are excepted from registration under Statutory Instrument 2014 No.2421 1184115 Minister.. Rev Geor ina Bondzi-simpson Church Stewards. Sue Butler Dawn Tyrell Margaret Ellwood Helen Appleyard (appointed 28 April 2024) Treasurer- Richard Matthews {acting treasurer) ACCOUNYS FOR THE YEAR ENDED 31 AUGUST 2024 All Saints Methodist Church Abingdon Unrestrictsd Restricted Totals this Funds Funds year Church SECTION A Totsis last Èar a1 RECEIPTS Note a2 Offer,ngs and Tax recovered Bank ap.d CFB inlerest and Investment income Letlin 64.641 64,641 72,354 1.818 14.513 15.473 96,445 701 2,519 14,513 15.473 97,146 1,245 18.408 683 92,690 a5 Other re￿IP1S (includes bèquests of £14,663) TOTAL RECEIPTS 701 la71 SECTION B PAYMENTS Circuit Assessffienl or Share Donations b1 b2 50.512 b3 50,512 6,248 18,363 47.155 6.248 b4 Repairs arjd Maintenan Ulililies Ilnsurances. water char es heatin hlirTr 8,673 13,029 18.363 b5 8.494 8,494 7,065 b7 Other payments TOTAL PAYMENTS 7944 550 b8 8,494 92,111 7,849 83,771 91,561 550 Ib91 SECTION C NET RECEIPTSIPAYMENTS la6-b81 4,884 151 5,035 Total f￿ndS brought forward from last year 8,919 c2 75,677 13,015 88.692 Ic61 79,773 c3 Sub total Ic1 +c21 8C,561 13,166 93,727 88,692 c4 Transfers 8nd adjuslmenls TOTAL FUNDS AT END OF YEAR c71 ¢5 {G3*c4) 80.561 13,166 93,727 Ic81 88,692 Ic61 SECTION D FOR INFORMATION ONLY: MONEY RECEIVED AND PASSED ON TO EXTERNAL ORGANISATIONS Ithese amounts are not to be included in total recei tslpayments figures above) d1 alan¢e brtsught *tsrw8rd from last year 339 313 d2 QfferingslGifts - received for external organisations 1,925 1.875 d3 OfferingslGifls passed to external organisalions 1,855 1,849 d4 BALANCE STILL TO BE PAID (d1 *d2431 409 339 church-receipts-and_o2vm6x.nt￿?rl?a All Q**if*+e vlo All Saints Meth(NJist Church Abin don Chufch SUPAMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISA NCI SECTION E Ple3s2fdlowihe Guld tethis Summary olthE cThur¢ty attounts torlhE ￿eare-.d￿.l Abg.sl 2024 Inw*l Organi￿￿OnS￿rrt￿￿rvJt0theCbuth CouryGIlLhur¢h kleetrng Note Ihaltre fundsof an InternBI Oroanis8knon woukl be Rest￿t￿￿￿SUTr￿ss ktthh1 De tieany*thn knal t* I(K 2ny Methodisl wrpose This section tnUs1 bp CDrnpleted to arrive * the gr03S inCfxrE eyfftndiiure1o￿LsoIthe ChU￿h irtcomeexceeds th&AcWaL8trre*0￿ then theA￿rU￿$ method ol acwuThtino AND A DIFFERENT FORM be torepott Ihe3crnurf¥ (see methr￿1*￿￿it￿I Please releftolhegLYtsnce notes r￿￿tr￿tr$nsfèrS the DIS￿(# 3nd DiÉlriC'.Oroanisalions. INTERNAL ORGANISAnONS Mel Pay￿￿ts O￿nIn9 balances RE£eipts P3yttwts clo91￿ b*annes Friendship 25 25 Ju8t Wott*n 143 28 71 43 Men's Grau 46 46 e7 Sub IDtbl nterr 143 142 114 e12 hurch accounts Itot*s brought forward fr¢ffl pagè 2-tot¥l$ columnl ey 97,146 92,111 {b9) 5.D3S 88,692 93.727 BY CHURCH 97,261 92254 s.￿7 88.834 93,841 Con1inue on? sep3raie sheel if ffFecessgrypnd bring ihe IDLals fopNaFd TOTAL PAYIIENTS TOTAL RECEIPTS SECTION F ST NT AND L￿BILITIEs OPENING BALANCES CLOSING 8ALAFICE$ CHURCH- CASH FUNDS HELD at 31 AU Ust 2024 G8$n In nand Bank Current Aorpunt 50.995 28.e48 B8nk Oe osil AC￿Unt Central FinarKe Boar¢ 28.850 55,5BO T￿51@￿* for MetWi$t ChuTch PurFwJses B,846 9,299 OlherfurKts SLtrB foTAL. Church accounts Totsi by Intwn8', Or9anLsalons IthedoSing lanTr IDtai Ir￿n7 above? let2} 88,692 Icfjl 93,727 142 114 TOTAL CASH FUNDS HELD BY CHURCH 88.834 93,841 SECTION G At 1 SeptembÈr 2023 31 Awust 2024 OTHER ASSETS and LIA￿LITIEs Inve*m8nt8 Include EndcMm•nts Land & Buildi see mte5 r¢ Insurantt val 2.ZYb,YS2 40T.202 (xtErAssets 124.970 J30.886 Loan -Sh￿8M9unI othsI*￿in earend 0￿$1 tiabilthe5 3.434 14.313 f4 I￿l￿d8 tmly Funds hdd attre centr￿ Finance eoatd fs Includ8 oni¥ Funds hLqd atTruskesfor Mpth(yJ15tChurch Purpo gi Include any other investments (Trot ¢&sr e￿[￿e￿oI TNKP biJslswx￿It$Ihl5 is incl￿￿ iftine 1> 3016 Note 1- Going concern The Trustees, having reg8rd to the available cash resouftEs and budgeted income an¢ expeftdltu￿ ftsr the year 2024-25, have a ￿aSOnable expectalioTrn that the Church wll continue in operational existence as a going concèm and meet ils liabilities as Ihey fall due. The Trustees are thankful for the continued generosity of giving by thurch members linduding the response to thè Gift Da, in December 20241 legacies made by former members. Despite higher operational wsls and lower letting incorne anliupated in the next 12 months. signrfic8nl property spend (aside from the final payments on the sound system upgrdde. made in Septembei 20241 is not Bnbupated and buOg$led donations indude discretiorlary dDnatfons to Methodist and other charitable Qonations. which could be phase(I if necessary. 4of6 Name ol Church . All Saints Mgtrodist Chwch, Abing¢on..................-..........-...... No...1184115........ Declarations and Scrutiny I confirm th* thes& Receipt and Payment based accounts br the year lo 31 August2024 have beèn preparÈd from thè records ot the Churth and thatthey Incjude all fL.nds under1he control of the Church trustees. Signature of treasurer. KCL /lr, Lb¥ 6-1-2f Name and add￿sS of treasurer.................. Presentation to tho Church trustee5 I confirm that the annual report and ae¢ounls forlhe year ended 31 August 2024 were presented lo the rneéiino ol (he Church trustees held on 6 February 2025. Signature of the Chair of the meeting Name of the Chair ol the meeting 6-2-2f Independent Examinar'$ Report to the Trnstees of the All Saints Methodist Church Abingdon Charity Number 1184115 Responsibilities and basig of report I report to the trustees on my etsminabtsn of tt)e auounts ot Al Sains Methodist Church Abingdon loi the year ended 31 August 2024 set out on pages 2 to S As the Church's trustees, vou aTe respon51ble lor the preparation of the accounts in accordan￿ with the reGuirernents of the ChaNties A¢t 2011 I'lhe Act'l. report in respect of my examination of the Church's accounts carried out under section 145 01 the Ac+ 8nLf, in carrying out my examinabon. I have follow￿ 811 the applioble Direclions given by the Charity Commission undfyr section 14515llbl ol the ACL 5of6 Name of Church . .All Saints Methodist Church Abingdon..... No...1184115..... Independent Examiner's Statement I have completed my examination. I confirm that no material matters have come to rny attention in connection wth the examination (other than that disdosed below) which give me cause to believe that in, any material respect.. the accounting records were not kept in accordan￿ 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 mattets in connection with the examination to which attention should be drawn in this report in ordér to enable a proper understanding of the accounts to be reached. 5 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 Cenlral Finance Board of the Methodist Church which are individually in eX￿sS of £10,0004ten thousand pounds) at the balance sheet date. Signature of independent examiner Name of independent examiner ...&LiiL*..PrtfR. ¥..... . Relevant professional qualification of independent examiner Name of fimi (where appropriate) ...se£...otft>£￿...￿￿. .................. Address Post Code ..Qn.i.Lb. Date 24 Copy of chufch-receipts￿lld-paYrnents-2024 All Saints post indep exam for cc.xls 6of6 Trustees, Annual Report for the period From 1st September 2023 Period stsrt date To 31*t August 2024 Period end date Charity name: All Sainls Methodist Church Abingdon Charity registration number: 1184115. Objectives and Activities SORP ioleren¢e P81a 1.17 Summary of the purposes of the charity as set out in its governing document The purposes of the charity as sel out in its governing document, the Melhodisl Church Act 1976 (clause 4) are as follows.. The purposes of the Methodist Church are and shall be deemed to have been since the dalè of union the advancement of- (a) the Christian faith in a¢¢ordanGe with the doctrinal standards and the discipline of the Methodist Church- (bl any charilable purpose for the lime being of any connexional, district, circuit, local or other organisalion of the Melhodisl Church., IG) any charitable purpose for the time being of any society or institution being a society or instituliDn subsidiary or ancillary to the Methodist Church Id) any purpose for the tirne being of any Charity being a charity subsidiary or ancillary lo Ihe MelhDdist Church. The Mission Statement of All Saints states Ihat we seek to.. Share our faith in worship aiid study,. Renecl Christ's acGepÈing love in friendship and caring,. Help each othor face any difficulties and doubts,. Explore together wh81 it means lo be God's peopl8 in today s world. Summary of the Wain activities in relalion to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounls. Par8 1.17 The provision of public acts of worship open to members of the church and local community. Prornolion of Christianity through staging event5 and se￿1￿8 opell ID all who wish to attend. The provision of a sa.red place (a building) for prayer, contemplation and spiritual exploration. The leaching of Christianity, exploration of faith and providing nLJrture for individuals through sermons, courses and group activities. Pastoral work including visiting and supporting Ihe sick and bereaved among the congregalion. The provision of youth activities open to the local community. Promoting the whole mission of the Church (and aiding social cohesion) through activities for older people. parents and children, and other specific needs groups. The provision of hospitality and support for vulnerable people. Supporting other charities in the UK and overseas financially, with prayer. appea15 and fund-raising events, and in some cases with volunteering by individuals. Lelling the premises lo a variety of churGh, charitable, community groups and individuals for events, concerts, celebrations elc. Providing use of the premises for free lo local guiding and scout groups who provide activities lor oun le. Tha Trustees have confirmed at the Church Council held on 6 February 2025 that.. The Trustees have Complied with their duty to have due regard lo the guidance on public benefit published by the Commission in excrcising their powers or duties. I Statement confirming whether the trustees have had regard to the guidance ssued by the Charity Commission on public benefit Para 1.18 Achievements and Performance SORP iefeTence During Ihe period, Rev lan Griffilhs was the minister. In September 2024, we welcomed a new Minister, Rev Georgina Bondzi-simpson. Despile a sniall stewardship team in the period (this increased from three lo four from 28 April 20241, the stewardship team have diligently prepared a safe and stimulating worship environment alongside the welcome stewards that support on a Sunday moming and have also taken on responsibility for property matters with the support of church members as Property Action no longer meets formally. Key property projects included thc update of the sound system (funded from generous bequests rgceived in 2023-241 and hall decoration. The quinquennial property inspection did not indicate significant issues lo be addressed but replacement of the boiler will have lo be considered in future years. Throughout 2023-24, worship life has been enhanced as an organist has played monthly, using funds from memorable donations reserves. Pianists and the Music Group also frequently lead our music in worship. In January 2022, the Church held a meeting and prior consultation on a 'sustainable circuit, to discuss the issues faced in connection with a shortage of presbyters Iwitli a reduction in the number of Circuit presbylers expected frDm September 20251, pulling more pressure for voliinleers lo take on task8 or for such tasks to be paid for, and the challenge5 of an ageing congregation. The review has concluded with no changes impacting All Saints bul the Church Council continue to consider the future direction of the Church, under the guidance of our new minister. A51 Saints has continued lo closely support charities through both direct giving and congregational giving. Contributions towards the Methodist Church and other charities regularly supported by the Church were made and events for fundraising held. During the period the Church again 9ave £1,000 donation lo Abingdon Foodbank as part of Iiiitialives to support the Anti-Poverty Charter. All Saints have continued to SLJPPOrt community groups, with an increasing number of local organisations making regular use of the Church premises. However, in December 2023, we said goodbye lo the pre- school that mel for many_years al All Saints as il is now located alon side a local rima school. Summary of the main achievements of the charity, identifying the difference the charity's work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. Para 1.20 Addltional Inforniatlon (optional) You ma choose to include further statements where relevant aboLrt'. See the earlier sections on activities and main achievements. Achievements against objectives set Psia1.41 Weekly and monthly contributions from members and the congregation together with letting income aim to cover the main operational expenses, including the circuit assessment, operalional expenditure and routine property maintenance. Fundraising events are generally appeals for external organis8tions. Events were held lo raisefunds during the period by the Church and Just Women. However, given a fall in congregational giving in 2023-24 and continuing operational costs, as Ive sadly lost church members, there was concern over a large budgeted shortfall in 2024-25 so a recent Gift day was held raising £7,825 including related Gift Aid. Some church members have also kindly reviewed their regular giving. We are grateful to church members for their response and generosity. See also the Finanoial Review below. Performance offundraising activities against objectives set Pa12 1.41 Investments are held centrally by the Central Finance Board of the Methodist Church. Investment performance against objectives Par8 1.41 Other Financial Review Review of the charity's financial position at the end of the period P8ra 1.21 The main ongoinq Sour￿ of income is through offerings, which include Suiday colleclions and donations througli regular bank standing orders which needs lo support largely fixed costs All Saints are very fortunate wilh the continued generosity of Church members despite the sad loss of several members in recent years In recent years, there has been a sustained rise in giving each year. However. there was a reduction in 2023124, mainly due to Ghanges in our Church membership. Collections for the year tolalled £51,94812022123 £59,103). The level of bank standing orders fell 6 % 10 £42,47512022123 9.£5,240), and the level of envelope giving fell by £4,320 10 £7,968 {2022123 £12,288). Loose cash was slable at £1,505 12022123 £1,575). The annual amount recovered through gift aid on the Sunday collections was £12,692 12022123 £13,251 } The total for these donations and the associated gift aid was down by 11011, at £64,641 12022123 £72.3541 Bequests of £14,663 {2022123 £nill were received in the year and are held loca11y, in accordanTr with a direction from TMCP. These amounts are held in the Dp. osil Fund 81 the Central Finance Board of the Methodist Church which earns interest. These have been used to part fund the sound system Ilotal costs £17,676.60 over 2023124 and 2024125}. The other main source of income is lettings to community groups. Letlings income tolalled £14.513 (20221 23 £18,408). The fall is allributable mainly lo the fact that pre-school moved its premises after December 2023. However, there have been several new regular letlings in the year. There was an increase in interest income to £2,519 {2022123 £1.2451 reflecting higher interest rates available on increased funds. The main operational expenditure is the Circuit assessment of £50,512 {2022123 £47,155). Otier operational expenaiture lotalled £8,49412022123 £7,849) The most significant costs included the independent examination fee and the costs of an administrator, including postage and photoco)ying costs. Monthly organist fees of £550 were incurred in 2023124 bul not in the prior year. Maintcnance expenditure of £18,363 (2022123 £13,029) was incurred. This included f 3,960 on the hall redecoration and £5,892 on the sound syslem12022123 £4,455 on the hall fire door replacemenll Further paynients of £11,784 were made on the sound system in September 2024, These amounts were funded by beqLiesls. Cleaning costs fell to £5.823 {2022123 £7,245), with lower hours required after Pre-￿h0O1 left In December 2023. It is encouraging that the recent quinquennial church inspection indicating no significant property issues lo rectify. Utilities expenditure and insurance rose to £8,49412022123 £7,065), reflecting higher energy costs. The level of ongoing income has enabled All Saints lo continue lo donate lo central Methodist iJnd% and other Gharilies albeil al a lower level. I n 2023124, giving was f_6,248 (2022123 £8,673) and incijded £1 ,000 lo the Abingdon Foodbank in both years in support of the anli-poverty charter as well as to cha'ities regularly supported by the Church. Payments of £1 ,134 relating lo the 2022123 budgeted allocations were made lo two charities in September 2024. In addition lo Ihese donations, £1,92512022123 £1,875) has been raised and £1,8.fj512022123 £1,849) disbursed for external organisalions through appealj and events. The Church achievod a surplus of £5,035 <2022123 £8,919). This reduction reflected mainly £". ,895 lower lettings income and £7,713 lower congregational giving (including gifl aid} and £8,340 higher costs offset by £1,274 additional interest income and £14,663 bequests. The main incTeases in costs related t) utilities, electrical costs, property projects and the circuit assessment, with a fall in cleaning CDSts. The Church internal organisalions made a deficit of £28 (2022123 £142 surplus) Just Women remains active meeting regularly and holding speaker events. Church funds of £93,72712022123 £88,692} together with funds of Church organisations of £114 (2022123 £142) totalled £93,841 {2022123 £88,834). These ale held in bank accounts or in deposit funds at the Central Finance Board of the Methodist Church or Trustees for Methodist Church Purposes (TMCP} and £46 Q2022123 £71J.in1005e cash held b internal o anisations. tn N) N) UJ u) ts OJ ( LD tsl Ln a or5 9) (n 111 ÉD (D O J a> OID r)o -.3J(D o a u) ID ITI x 0￿- 00 Ila j nJ. G)OOThf- o)nDV) (f) (rs o (b c) rjn z G) > -4 CJ,, J JJ 7 J(D f).JcLJ cn oo tD ￿ J. £ +lJ n t)-l O-l(nc)Jinnn>> ,(Dy C*(DO ffj Orts JiJOOnn3 D) OJ Tr > no )7>wo) CL) O 4nr)