STOKE NEWINGTON METHODIST CHURCH
Charlty Reglsbatlon Number: 1185026
TRUSTEES. REPORT AND FINANCIAL sfATEMENTS
FOR THE YEAR ENDED 31 AUGusf 2025

sroKE NEWINGTON MEfHODIST CHURCH
TRusfEES REPORT AND FINANCIAL STATEmE￿[s
FOR THE YEAR ENDED 31 AUGUST 2025
CONTENTS
PAGE
Reference and adrnlnistrative details
Trustees report
Statement of Trustees, responslbllltles
Independent Examlnerfs report
9-10
Statement of Financial Actlvities
li
Balance sheet
12
Notes to the accounts
13-20

sroKE NE￿NGroW 14ETHODIsf CHURCH
REFERENCE AND ADMINIThATIVE D￿AILs
FOR THE YEAR ENDED 31 AUGU￿ 2025
The address of the registered office of the Stoke Newlngton Methodlst Church for the Charltles
and any other legislation is:
Stoke Newington Methodlst Church
106 Stoke Newington High Street
London
N16 7NY
Tel.. 02072541488
Web: www.hackneymethodlst.org
Sonlor management team
Rev Paulo Bassa Da Sllva
Rev Dr Jonathan Dean - 01.09.2025
Rev Rupert Weekes - 14.10.2025
Inv••tm•nt manager•:
Central Flnance Board of MethodSst Church
9 Bonhill Street
London
EC2A 4PE
Bankers:
TSB Bank
539 Hlgh Road
Tottenham
London
N17 6SD
CAF Bank
25 Klngs Hlll Avenue
West Malllng
Kent
ME19 4QJ
Independent examlner:
Aklntayo Ojo FCCA
Resource Accountancy Prattice Limited
Charte￿d Certified Accountsnt
46 Hollywood Way
Erlth
DA82QE

sroKE NEWINGTON MEfHODIsf CHURCH
REPORT OF THE TRusfEES
FOR YEAR ENDED 31 AUGUST 2025
The Trustees present thelr report and the examined accounts of the Stoke Newington Methodist
Church for the year ended 31 August 2025. The Trustees have adopted the provlslons of the
statement of Recommended Practice {SORP) "Accountlng and Reporting by Charities. (FRS 102) In
preparing the annual report and accounts of the Charlty.
The accounts have been prepared in accordance wlth the accountlng pollcles set out In note I to the
accounts and comply with the Charity'5 govemlng document, the Charltles Act 2011 and Accounting
and Reporting by Charities: Statement of Recommended Practlce appllcable to Charltles preparing
their accounts in accordance wlth the Flnanclal Reportlng Standard applicable In the UK and
Republlc of Ireland (FRS 102)
Govornance
The govemlng body of the Methodlst Church Is the Methodlst Conferen￿, whlch meets annually. The
authorlty under whlch the Conference Acts Is glven by Methodist Church Act 1976.
We are governed by the Methodlst Churches Constitutional Prattlce and Dlsdpllne and all Charfty
Law of the Unlted Klngdom.
The Church Is govemed by the Methodlst Church Art 1976, the deed of Unlon and the Model Trusts
of the Methodlst Church are and shall be deemed to have been slnce the date of unlon of
advancement of: (a) the Chrfstian falth In accordance to the doctrlnal standards and dlsclpllne of the
Methodlst Church (b) any charitable purpose for the tlme belng of any Connexlonal Distrlct, Clrcult,
local of other organlsatlon of the Methodlst Church (c) any charltable purpose for the time belng In
any soclety or Institutlon or subsldlary or anclllary to the Methodist Church. In Setting our objettlves
and plannlng our actlvltles, the chartty has glven carefijl conslderatlon to the Charity Commlssion's
guldance on publlc benefit and In particular to Its supplementary public benefit guidance on
advanclng our objectlves as set above.
The Stoke Newlngton Methodist Churth is a part of the Hackney and Stoke Newington Methodlst
Circult, and is registered with the Charity Cornmlssion viith the number 1185026.
Full Name of Charfty: Stoke Newlngton Methodist Church
Charity Reglstration Number: 1185026
Date of Registration: 27 August 2019
Maln Communication Address: Stoke Newington Methodist Church
106 Stoke Newington High Street
London
N16 7NY

STOKE HEWIN￿0￿ METHODIsf CHURCH
REPORT OF THE TRUSTEES (continued)
FOR THE YEAR ENDED 31 AUGUST 2025
Trustees
The full list of Trustees who sep4ed durlng the reportfjng year of the accounts were as follows:
The trustees who joined or resigned during the year have the date of appointment or reslgnation
stated beslde their names
Rev Paulo Bessa Da Sllva
Esther Adekunle
Laura Dyer
Mary Campbell - Dled 28.04.2026
Ellzabeth Aggrey
Ekow Egylr- Resigned 31.08.2025
Alexandra Weekes Aggrey
Georgina Oshinbonl
Rev Dr Jonathan Dean - 01.09.2025
Lola Bello
Clord Dyer
Rosaline Lall
Olive Johnson
Cora Woolcock - Reslgned 31.08.2025
Eric Ayoola
Joy Bello
Mary Browne
Rev Rupert Weekes - 14.10.2025
Method• of appolntm•nt or •l•ctlon of Truste••
The management of the charity Is the responslblllty of the Trustees who are elected and co-opted
under the tenns of Its governlng documents and In line wlth the Methodlst Church.
Organlsatlonal structur• •nd declslon-maklng polld••
The Charlty Is organlsed so that the Trustees meet regularly to manage the affalrs of the Charlty. A
Mlnlster manages the day to day admlnlstratlon of the church wlth the support of the Church
stewards.
Pollcl•• adopt•d for the Inductlon and tralnlng of Trustees
Most Trustees are already familiar with the activities of the Charity as they are drawn from
members who have the skill set to offer and empathlse wlth our core values. Newly elected Trustees
are encouraged to attend training.
Objectlve and purpos•
The calllng of the Stoke Newington Methodist Church is to respond to the gospel of God's love Sn
Christ and to live out Its discipleship in worship and mission. This Is expressed through Worship,
Learning and caringi Evangellsm and Servlce. The Church is committed to use its resources in a
cleady focussed and intentional way to ensure an effectlve response to the needs of our
congregations and wider community.
Activltles
The mlssion of the Church is to worship God as it celebrdte5 its diverslty according to the teachings
of Jesus Christ. Through social ministry. prayer and pastoral care we will express God'5 kingdom of
love.
Worship takes place in both church building5 on Sundays with the congregations combining for
some services including celebration of Holy communion. Sorne of our member5 also jojn with the
online service provided by the Hackney and Stoke newington Circuit (untl May 2025). Weekly
prayers take place at Stoke Newington High Street each Tuesday which has regular attendees.

STOKE NEWINGTON METHODIsf CHURCH
REPORT OF THE TRusfEES
FOR YEAR ENDED 31 AUGUST 2025
Activitles
These are usually led by the Circult pastordl and Communlty Outreach Worker, but also by the
mlnlster of church members.
The Llstening Place has continued to serve the needs of our local communlty - opening on Tuesdays
at Hlgh street and on Wednesdays at Green Lanes. The Charfty received a grant from the London
Methodist District for providlng this Warn spa￿ at both bulldlngs. The Ustenlng Place has been run
bt the Clrcult Pastoral and Community Outreach Worker along with volunteers from the church and
elsewhere and welcomes between 20 and 50 people each week for drfnks and light refreshments. In
September, The Ustenlng Place had a Coffee Morning to ralse money for Macmillan Cancer Care.
There was a New Year party held for guests to The Ustenlng Place In January.
The Women's Fellowshlp has continues to meet monthly after the comblnes serylce for prayer,
worshlp and reflectlon. During the year we have contlnued the Contemporary Song Servlce - usually
led by one of the clrcult mlnlsters. Thls has been enabled by a group of singers and muslaans drawn
from a Brazilian congregation who worship at the Hlgh Street, as well as some younger cSrcult
members. Falth Clty Church contlnue to offer hots meals to people who are horneless and low Income
famllles from our High street premlses once each month.
A varfety of user groups (Induding each prem1￿ havlng a nursery operatlng each weekday). The
Income raised by these help to sustsln the mlsslon work whlch Is happenlng at the church.
The role of the drcult pastoral and Communlty Outreach Worker was made redundants In August
2024. The Listenlng Place will need to assess how thls Impacts the programme In the followlng year.
The mln5ster, Rev Paulo Bessa Da Sllva Is movlng to another Methodlst Clrcult at the end of the year
and the church does not have a dlrett repIa￿rnent. In the short term, the Co-chalr of the London
Methodist Dlstrfct will have pastoral charge of Stoke Newlngton Methodlst Church.
Achlevements and perlomianc•
The church-maintained worship at both sltes durlng the year and continue to share fellowshlp
together. The Dlrector of Muslc at Stoke Newington continues to arrange a choir on a monthly basis,
who contribute to the worship when congregations Join together.
The Listening Place continues to serve between 20 and SO people from the local communlty, who
come to the church as a safe, wami space. The hours were again increased during the winter months
provlding a 'Warm Space.. The Listenlng pla￿ provides a supportive envlronment, and has been able
to provide occasional health advi￿ to its guests - In both giving blood pressure checks and also
through a medical practitioner who occasionally vlslts. Both a New Year's Party and a Coffee Mornlng
for Macmillan Cancer Care were organlsed by the Circult Pastoral and Community Outreach Worker
and the volunteers - both of which were well supported events. The church have continued to have
involvement with Hackney Health and Hackney CVS Community Health Champlons Programme, and
have also had a dlscussion with Cltlzens UK staff from Hackney.
In hiring church rooms to other worshipping groups, or outside users, as well as providlng premises
for 2 nurseries (one at each site), the charity maintains a steady income which helps the missional
work of both Stoke Newington Church and also the Hackney and Stoke Newington Methodlst Circuit.
Investments
The inve5trnents of surplu5 fijnds Is operated via Central Finance Board (CFB) of the Methodist
Church. CFB aims to provide high quality investment Service seeking above average returns for long
term investors, whilst ensuring that the securities held by all its funds are in Ilne wlth the ethical
PK4iry of the Methodist Church. The Church has its funds in a deposit account with CFB.

STOKE NEWINGTON MEfHODIsf CHURCH
REPORT OF THE TRUSTEES
FOR YEAR ENDED 31 AUGUST 2025
Public benefft requirement
The trustees have due regard to the guidance published by the Charitles Commission In compllance
wlth its duties under section 4 of the Charitles Att 2011.
Thls guidance sets out two key principles:
l. The organisation must have an Identifiable benefit.
2. The benefit must be to the publlc or a section of the publlc.
The Church exlsts to:
Increase awareness ot God's presence and to celebrate God's love:
help people to learn and grow as Christians, through mutual support and care: and
be a good nelghbour to people In need and challenge injusti￿.
The Trustees conslder that for these reasons the charlty meets these publlc benefit requirements.
Flnanclal revlew
stoke Newington Methodist Church Is funded to a larye extent by a day nursery on each church site.
There Is a flat which brlngs in a monthly rental and also other hlrers from the communlty make
regular and one-off use of the premlses. Income Is also recelved through the offerlng from the
congregatlon.
The varlous propertles are funded from thelr income on a day to day basls.
The value of the charlty's funds as at 31 August 2025 was £3,584,156. (2024 Is £3,571,987).
Trustees. Intsre•t•
The ministers who are Trustees of the charity are paid a stlpend from the Hackney and Stoke
NewSngton Circuit and are glven a manse ft)r the ministers and their farnlly to live. The councll tax
and also an official telephone line wlth broadband facilities to enable them carry out their services as
ministers are also paid by the circuit. These arrangements a￿ practiced through the Connexion.
Expenses have been reimbursed to trustees where items have been purchased for the church. Apart
from these, no other Trustees have been pald for their services to the Charity.
Rlsk management
The charity has reviewed Its risk pollcles and is produclng a Risk Register hlghlighting the various
risks facing the charity, the impatt and the Ilkellhood of them happening. The main headings under
which these risks have been categorised a￿.
- Trustees, Responsibilities
Membership and mi55ion
- Resource5, people and property
Finance
- Legal
These risks are wiewed regulady to ensure effertiveness.

sroKE NEWINGfoN METHODIsf CHURCH
REPORT OF ThE TRusfEES
FOR YEAR ENDED 31 AUGUST 2025
Reserves pollcy
The trustees, policy is to have unrestricted and uncommltted fijnds (freereserves) to cover 3 - 6
months of resources expended whlch equals roughly £30,000 - £60,000. They feel that this will
enable current activities to continue if the￿ 5s any slgnlflcant drop In fundlng. It would obvlously be
necessary then to consider how fundlng would be repla￿ or activities changed.
The prfmary purposes of the charfty a￿.
(i) to cary out the objective5 of the Methodlst Church as reported above.
{11) to support the work of the mlnlsters, lay employees, charity officers and Church members In
thelr varfous responslbllltles In relatlon to the tharlty's overall mission.
The reserves pollcy In connection wlth thls purpose will seek to maintaln sufflclent fvnds to ensure
the payments of the Clrcult assessment and lay employee's salary. and to meet the needs of the
runnlng costs of the church, for a glven period of time.
The unrestrtcted funds are for the purpose of the Charfty.
Plans for the futur•
The charity plans to contlnue In worshlp on both sltes and also to develop The Llstenlng Place.
Changes wlll be necessaryi as the current mlnister Is moving to another Methodlst Clrcult after
August 2025. Also the role of the Clrcult Pastornl and Communlty Outreach Worker has been made
redundant, so the volunteers at The Llstenlng Place wlll need to work differently. Since the Circult
were not successful In belng statloned wlth a full-tlme superlntendent mlnlster durfng 2024 - 2025,
the Co-chalr of the London Methodlst Dlstrlct will be Actlng Superlntendent of the Hackney and
Stoke Newington Clrcult, and Minister In Pastoral Charge of Stoke Newlngton Methodlst Church. The
charSty hopes that a supernumerary minister might be able to offer some time to the circuit, and to
do some work at Stoke Newington Methodlst Church.
Approved by the trustees on > June 2026 and signed on their behalf by:
Rosaline Lall
Trustee
Clord Dyer

STOKE NEWINGTON MEfHODISf CHURCH
ATEMENT OF TRUSTEES RESPONSIBILrrIES
FOR YEAR ENDED 31 AUGUST 2025
ststernent of Trustees. responsibility
The Trustees are responsible for preparing the Trustee's Reports and Flnanclal Statements In
accordance wlth applicable law and Untted Klngdom Accountlng Stsndards (Unlted Klngdom Generally
Accepted Accountlng pract1￿).
Charfty law appllcable in United Klngdom requlres the Trustees to prepare flnanclal accounts for each
flnanclal year, whlch glve a true and falr vlew of the stste of affalrs of the Charfty's financlal activities
durlng the year and of its finanaal positlon at the end of the year.
In preparlng these accounts, the Trnstees are requlred to:
Select sultable accountlng pollcles and apply them conslstently:
- Observe the methoos and prlnclples In the Charltles SORP:
- Make Judgement and estlmates that are reasonable and prudent:
State whether appllcable accountlng standards have been ft)Ilowed subject to any materfal departur
dlsclosed and explalned In the accounts, and
Prepare the flnanclal statements on a golng concern basls unless It Is Inappropdate to
presume that the charlty wlll contlnue In operatlon.
The Trustees are responslble for keeplng proper accountlng records that dlsdose wlth reasonable
accuracy at any tlme the flnanclal posltlon of the charlty to enable them to ensure that the accounts
comply wlth the Standln9 Orders of the Methodist Church, the Charlties Act 2011, The Charity
(Accounts and Reports) Regulations 2008 and other regulations. They are also responsible for
safeguarding the assets of the d)arity and for taklng reasonable steps for the preventlon and detection
of fraud and other irregularities.
Approved by the trustees on > June 2026 and signed on thelr behalf by:
Rosaline Lall
Trustee
Clord Dyer

STOKE NEWINGTOII METhODisf CHURCH
INDEPENDENT EXAMINERS REPORT
FOR YEAR ENDED 31 AUGU￿ 2025
Indep•fid•ht •xamln•r'• stat•m•nt- contlnu•d
I have no concem and have come across no other matters In connectlon wlth the examlnatlon to
whlch attentlon should be drawn In order to enable a proper understanding of the accounts to be
reached.
Thls report 55 made solely to the Charity's Trustees, as a body In accordance wlth Part 4 of the
Charities (Accounts and Reports) Regulatlon 2008. My work has been undertaken so that I mlght
state to the Charity's Trustee5 those matters I am requSred to state to them in an Independent
examlner's report and for no other purpose. To the fullest extent permltteo by law, I do not accept
or assume responslbllity to anyone other than the Charity and the Charity's Trustees as a l)odyi for
my work or for thls report.
Aklntayo Ojo FCCA
As$o¢latlon of Chart•r•d C•rtlfl•d Accountants
Independent examlner
Resource Accountancy Practlce Ltd
46 Hollywood Way
Erlt
DA8 2QE
D•t•d: 3tr j￿r 6

STOKE NEWINGTON M￿N0DISr CHURCH
STATEMENT OF FINANCIAL AcrivrriES
FOR YEqR ENDED 31 AUGU￿ 2025
Yotsi
Total
Fund*
Fun¢ts
FuThdo
Funds
Notes
2025
2025
2025
2024
Incomlng resources
Church Offering & benevolence
Rental income
Donatlons
Grant income and Interest
Other Income
Total Incomlng resourc••
15,488
190,810
153
2,466
318
209,235
15.488
190,810
153
3,970
318
210,739
10.770
193,413
663
2,230
1,504
1.504
207,076
Re80urces expended
Clrcult assessment
Grants and donatlons
Stipend and staff cost
Charity costs
Support costs
Management and governance cost
Total re80urce8 exp•nd•d
94,020
94,020
114,520
10,000
22,858
130,791
2,650
260.319
10,000
22,858
130,791
2,650
260,319
6,861
20,732
90,225
2,550
234,888
io
li
Net(outgolng)/lncomlng resources for the yeai-
51,084
1,504
49,580
27,812
Total funds at the start of the year
Movement in funds
Balance at the end of the year
3.538,834
####
3,571,987
3,566,646
33,153
3,571,987
3.487,750 34,657
3,522,407
The Statement of financial activities indudes all gains and 1055es recognised in the year
The notes on pages 13 to 20 fonn part of the financial statements

sroKE NEWINGfoN MEfHODIsf CHURCH
BALANCE SHE
AS AT 31 AUGUST 2025
Total
Total
Fufhd•
Vund
FundB
Notes
2025
25
2025
2024
Flxed assets
Freehold property
12
3.514.202
3,514,202
3.514,202
Tangible flxed assets
12b
4,448
4,448
3,636
Current amets
Debtors
Cash at bank and In hand
CFB funds
Totsl
13
14
15
2.318
37,178
8,078
47,574
2,318
37,178
42,735
82,231
4,723
41,791
40,880
87,394
34,657
34,657
Total a•••ts
3.566,224
34,657
3,600,881
3,605,232
Les8: current IlabOlltle&'
Credltors:
Amount falllng due wlthln one year
16
78,474
78,474
33,245
Net currnnt a•Mt•
3,487,751
34.657
3,522,407
3,571,987
N•t amets
Flnanc•d by: ¢harlty funds
General - restrlrted
General - unrestritted
34,657
34,657
3,487,750
3,S2I407
33,153
3,538,834
3.571,987
3,487,750
3.487.750
34,657
The financial statements were approved and authorised for Issue by the Trustees on 34 Jun• 2026
and signed on their behalf by.,
Rosaline Lall
Trustee
Clord Dyer
The notes on pages 13 to 20 fom part of the flnanclal statements

sroKE NEWINGTON MEfHODisf CHURCH
NOTES TO THE ACCOUNTS
FOR YEAR ENDED 31 AUGUST 2025
l. Accounting policies
(a) Accountlng convention
These accounts have been prepared In accordan￿ wlth Charltles Att 2011 and Accountlng and
Reporting by Charities; Statement of Recommended practi￿ appllcable to charftles preparlng thelr
accounts in accorclance wlth the Financial Reporting Standard applicable In UK and Republic of Ireland
(FRS 102). Stoke Newington Methodlst Church Is a Publlc beneflt Entlty as deflned by FRS 102.
Stoke Newlngton Methodlst Church has tsken advantage of the provlslons In the SORP for charities
applylng FRS 102 Update Bulletin I not to prepare a Ststement of Cash Flows.
The accounts are prepared in stedln9p whlch Is the fvnctlonal currency of the charlty. Monetary amounts
are rounded to the nearest pound.
The accounts of the Stoke Newlngton Methodlst Church have been prepared under hlstorlcal cost
conventlon, modlfled to Indude the valuation of Investrnent propertles and certain flnancial instruments
at falr value. The Prfnclpal ac£ountlng poliaes are set out below.
(b) Goln9 concern
At the year end, the charlty had unrestrjcted generdl re5errfes of £20,000 and It wlll contlnue to recelve
income from property rentals and donations durlng 2023. If requlred, It can also seek flnanclal support
from other Methodlst Church entlties. The Trustees acknowledge the adverse effect of the Covld
pandemic has had on not only the seNices It offers to Its worshippers, but also on its finances but most
of the challenges have been overcome. Thus, at the tlme of approvlng thls account. the Trustees have
reasonable expectatlon that the Charlty wlll have suffldent flnanclal resources to ¢ontlnue In operatlonal
exlstence for the foreseeable future.
(c) Fund a¢¢ountlng
General funds are unrestricted funds whlch are available for use at the dlrectlon of the Trustees in
furtherance of the general objectives of the Charity and which have not been designated for other
purposes. Restricted funds are funds which are to be used in accordance with the specific restrittions
Imposed by the donors which have been ralsed by the charlty for a particular purpose. The cost of
raising funds are charged agalnst the speclflc fund. The alrn and use of each restrlcted fttnd Is set out In
the notes to the financial statements where applicable.
(d) Income recognltlon
All income is recognised once the charity has entltlement to the Income, It is probable that the income
will be received and the amount of incorne receivable can be measured ￿lIably. Income tax ￿cOVerable
In ￿latIon to investment income Is recognlsed at the time the investment income 15 receivable.
(e) F¥xed assets & depreciation recognltion
Fixed assets comprise fijmiture and equipment and musical equipment and have been costing more
than £500. Tangible fixed assets a￿ stated at C05t le55 depreciation. Depreaation is provided at rates
calculated to write off the cost of fixed assets, less their estimated residual value, over their expetted
usefr.,I lives on the following bases:
EGu.'wr￿nt - 25 % ￿dUcIng balance. Furniture & fitting - 25% reducing balance

sroKE MEWINGfoN MEfHODIsf CHURCH
NOTES TO THE ACCOUNTS
FOR YEAR ENDED 31 AUGUST 2025
l. Accounting polldes - Continued
(f) Benevolence
Benevolence funds have been historically contrlbuted by members to support those In need.
(g) Grants and don*lons received
Grants from thlrd partles are Included when the relevant conditions for the grant have been met.
(h) Voluntary Income
Voluntary Income comprlses donatSons and contrlbutlons and Is accounted for when entltlement has
been conflrmed, the amount can be measured and recelpt is probable.
(l) Rental Income
Rental income from Investment propertles Is accounted for on a receivable basis.
(J) oth•r Incorna
Other Income Is accounted for on receivable basls.
(k) Investment Income and Interest
Interest on deposlts and Investments Is accounted for on recelvable basls
(l) Expendlture
Expendlture is recognlsed once there Is a legal construrtlve obiigatlon to transfer economlc beneflt to a
thlrd party; It Is probable that a transfer of economlc benefits wlll be requlred In settlement and the
amount of obllgatlon can be measured rellably. Expendlture Is dasslfled by aLtlvlty. The costs of each
attlvlty a￿ made up of total of dlrect costs and shared costs. Includlng support costs Involved In
undertaklng each actlvlty.
(m) Expenxs
All expenditure is accounted for on accrual basis. Any ensuring liabilltles are recognlsed as soon as a
legal or constructive obligation arises.
{n) Clrcult assessment
Circuit assessment is accounted for on an accrual basis.
(o) Cash flow
The financial statements do not indude a cash flow because the church, as a small ￿POrting entity is
exempted from the ￿quIrernent to prepare such a statement under the Finanaal Reporting Standard for
Smaller Entities (effective 2002).

sroKE NEWINGTON MEfHODIsf CHURCH
NOTES TO THE ACCOUNTS
FOR YEAR ENDED 31 AUGusf 2025
l. Accounting policies - Continued
(p) Tangible fixed assets depreciation
A55ets having an initial cost of £IOOO or less are written off on acqulsltlon. Ftxtures and flttlngs, office
and computer equipment having an inlttal cost greater than £IOOO are stated at cost less depreclatlon.
For these accounts all fixtures and flttlngs have been wrftten off as In the expendlture and not
capitalised.
(q) Cash and cash equlvalents
Cash and cash equlvalents Include cash In hand. deposlts held at call with banks, other short-tenn
Investments with orfglnal maturities of th￿e months or less.
(r) FlnanclJl Instruments
The charlty has elected to apply the provlslons of Sectlonll 'Baslc Flnandal Instruments, or FRS 102
to all Its flnancial Instruments.
Flnanclal Instruments are recognlsed In the chartty's balance sheet when the charlty becomes party to
the contractual provlslons of the Instrument.
Flnanclal assets and liabllltles are offset, wlth the net amounts presented In the accounts, when there
Is a legally enforceable rlght to set off the recognlsed amounts and there Is an Intentlon to settle on a
net basls or to reallse the asset ar￿ settle the Ilabillty simultaneousty.
(•) Ba•lc flnanclal a•••ts
Baslc flnanclal assets, which Include other debtors and cash and bank balances, are Inltlally measured
at transartlon prlce Includlng transartlon costs and are subsequently carrled at amortlsed cost uslng
the effettlve Interest method unless the arrangement consUtutes a flnandng transactlon, where the
transaction is rneasU￿d at the present value of the future recelpts dlscounted at a market rate of
Interest. Financlal assets are dassified as recelvable within one year are not amortlsed.
(t) Baslc flnanclal Ilablllti
Baslc financial liabilities, Includlng other payables are Inltlally recognlsed at transaction price unless
the arrangement constitutes a flnanclng transaction, where the debt Instrument Is rneasu￿d at the
present value of the future payments dlscounted at a market rats of Interest. Flnanclal liabllltles
classified as payable within one year are not amortised.

sroKE NEWINGfoN MEfHODIsf CHURCH
NOTES TO THE ACCOUPtrs
FOR Y&4R ENDED 31 AUGUST 2025
Total
Total
Fund•
Funds
ds
Funds
202S
2025
2025
2024
l. Church Offerfngs
Offerfngs
other
15,488
15,488
10,770
15,488
15,488
10,770
2025
2015
2025
2014
2. Rental Income
Academic Nursery
Glnger Nursery
Green Lanes Hat
Other Room Rentsls
78,440
63,250
34,200
14,920
190,810
78,440
63,250
34,200
14,920
190,810
78,953
76,150
27,850
10,460
193,413
2025
2025
2025
2024
3. Donatlon8
Donatlons
other credlts
375
288
663
153
153
153
153
2025
2025
2025
2024
4. Grant Income and Int•r••t
Interest
Grants -wam spa￿$ grant
466
2,000
2,466
1.504
1,970
2,000
3,970
2,230
1,504
2,230
2025
2025
2025
2024
5. Other Income
Other
318
318
318
318

sroKE NEWINGfoN MEfHODisf CHURCH
NOTES TO THE AccouKrs
FOR YEAR ENDED 31 AUGUST 2025
Tot•1
nd#
Pund•
Fund*
20
2025
2025
2024
6. Clr¢ult Assessment
Payment to Methodist church drcuit
94,020
94,020
114,520
7. Grnnts and Charlty donatiom
2025
20
2025
2024
Grants - Warni spaces grdnt
8. Stlpend and *t•ff ¢o•t
2025
2025
2025
2024
Premlses and operatlonal manager
Cornmunlty outreach worker
6,861
10,000
10,000
10,000
10,000
6,861
9. Cost of actlvltl•• In furthranc• of:
Chartty's objects
Telephone and broadband
Church group
Donatlons
Muslc lI￿nCeS & envelopes
Insurance
Church expenses
The knstenlng Place Expenses
2025
2025
202S
2024
1,176
3,023
139
14,609
3,549
361
1,176
3,023
139
14,609
3,549
361
745
2,960
12,323
3,247
1,457
22,858
22,858
20,732
10. Support Costs
2025
2025
2025
2024
Premlses costs
Utilities & water costs
Cleaning & waste disposal
Repairs & malntenan
Fees
Depreciation
15,130
66,644
5,556
40,758
129
2,575
130.791
15,130
66,644
5,556
40,758
129
2.575
130,791
15,425
43,150
5,506
24,289
127
1,728
90,225
11. Managemert and governance costs
2025
2025
2015
2024
Accountancy ftes
Consultancy fees
2,650
2,650
2,550
2,650
2,650
2,550

STOKE NEWINGfoN MEfHODIsf CHURCH
NOTES TO ThE Accoup¥rs
FOR YEAR ENDED 31 AUGUST 2025
Ilotes
Totsl
Total
12. Fr¢¢hold pnjperty
Falr valuatlon
12
31-Aug
2025
31-Au9
2024
At 31 AugU•t 2025
3,514.202
3,514,202
12b. Tanglbh •w•t•
To
3X-Au9
1025
Tot•1
31-Au9
Z024
Muslcal Furnlture &
equipment
flttings
At I September 2024
Addltlons
At 31 August 2025
1.824
5,094
3,387
8,481
6,918
3,387
10,305
6,215
703
6,918
1,824
Deprnclatlon
At I September 2024
Charge for the year
At 31 August 2025
912
456
1.368
2,370
2,119
4,489
3,282
2,575
5,857
1,554
1,728
3,282
Net book valu•
At 31 August 2025
At 31 August 2024
456
912
3,992
2.724
3.636
3.636
13. D•btor•
2025
2024
Debtors balances
2,318
2,318
4,723
4,723
14. Cuh balances
2025
2024
Total balan￿ held In all current accounts at perlod end
37,178
37,178
41,791
41,791
15. CF8 Balances
2025
2024
CFB Account 08587010
CFB Account 08587020
8,078
34,657
42,735
7,727
33,153
40,880

sroKE NEWINGfoii MEfHODIsf CHURCH
NOTES TO THE AcCou￿rS
FOR YEAR ENDED 31 AUGUST 2025
Notes
16. Creditors
2025
2024
Accrued accountancy fees
Others
Deposlt - nursery rent
li
2,650
41,167
34,657
78,474
2,550
600
30,095
33,245
17. Related party transactlon
During the year, the charity paid instltutlonal grnnts to Methodlst Church Circult such as the
Circult assessment fees stated In nrte 6
18. Net Incomlng re￿UrCeS/(RQI0UrceI ￿Pend￿d)
Thls Is stated after charglng
Accountant's fees
2025
2024
li
2,650
2,550
19. Muslc Ilcence & emi¢lop•8
2025
2024
Muslc for servlces
CCU Ilcences
Donatlons envelopes
11,589
639
11,806
517
20. Utiiitle•
2025
2024
Elertrfcity Cost
Gas cost
Water cost
19,750
32,568
14,326
66,644
16,679
23,661
2,810
43,150
11. Cleanlng & Waste dlgpo•al
2025
2024
Cleaners costs
Waste disposal to local councll
3,999
1,557
5.55
2,219
1,493
22. Trustees remuneratlon
During the year, no Trustee received any ￿MUne￿tiOn
During the year, no Trustee received any benefits in kind
2025
2024
Nll
Nll

sroKE NEWIP4GfoM MEfHODIST CHURCH
NOTES TO THE ACCOUNTS
FOR YEAR ENDED 31 AUGUST 2025
Notes
23. Taxatlon
Stoke Newlngton Methodlst Church Is a regl#ered charlty and all of Its actlvltles are tax exempt
under rules of taxatlon granted to charftles.
24. Analy•l• of n¢t u•ets b•twn funds
Analysls of net assets between funds: current perlod
IFufbd•
2025
Freehold Propertles
Tanglble flxed Assets
Current assets
Credltors arnount falllng due wlthln one year
Deposlt for bulldlng rent
3,514,202 3,514,202
3.636
87,394
92
33,IS3
3,571,987
82,231
43.817
3.52W7