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2024-08-31-accounts

Registered Charity No: 1185800

THE METHODIST CHURCH BARNSLEY NORTH EAST

REPORT AND ACCOUNTS

YEAR ENDED 31 AUGUST 2024

THE METHODIST CHURCH BARNSLEY NORTH EAST

TRUSTEES’ REPORT AND ACCOUNTS

YEAR ENDED 31 AUGUST 2024

CONTENTS

Page
Legal and Administrative Information 3
Trustees’ Report 4 - 8
Independent Examiner’s Report 9
Statement of Financial Activities 10
Balance Sheet 11
Notes to the Financial Statements 12 - 20

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THE METHODIST CHURCH BARNSLEY NORTH EAST

LEGAL AND ADMINISTRATIVE INFORMATION

YEAR ENDED 31 AUGUST 2024

Principal Office: Emmanuel Methodist Church
Huddersfield Road
Barnsley
S75 1DT
Registered Charity Number: 1185800
Trustees: Alan Frederick Hollands
Karen Houghton
Elizabeth Ann Hambleton
Heather Sheila Hague
Rev Claire Elizabeth Rawlinson
Linda Susan Mellor
Chene Makumbe
Sheila Margaret Stather
John Barrie Broadhurst
Janet Morris
Linda Joyce Stammers
Jean Rowley
Dianne Charlesworth
Helen Bellamy
Elizabeth Ann Haigh
Janet Crossley-resigned September 2023
Daphne Irwin
Michael Stanley Corney
Gillian Reed
Fred Landon-resigned September 2023
Gloria Booth
Deborah Wendy Charrington-Caley
Richard William Caley
Marilyn Corney
Sandra Naylor
Peter Balfour
Chairperson: Rev Claire Elizabeth Rawlinson
Treasurer: Heather Sheila Hague
Secretary: Richard William Caley
Principal Bankers: HSBC
Central Finance Board
5 Market Hill
Methodist Church
Barnsley
9 Bonhill
S70 2PY
London
EC2A 4PE
Independent Examiner: Angela Hayes
Community Accountant
22 Brocklehurst Avenue
Barnsley
S70 3EE

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THE METHODIST CHURCH BARNSLEY NORTH EAST

TRUSTEES’ REPORT

YEAR ENDED 31 AUGUST 2024

The Trustees of The Methodist Church Barnsley North East submit their Annual Report and Financial Statements for the year ended 31 August 2024. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP FRS102) “Accounting and Reporting by Charities” issued in 2019, in preparing the Annual Report and Financial Statements of the Charity.

The Methodist Church Barnsley North East was registered with the Charity Commission on 14[th] October 2019, registered charity number 1185800. Previously the Church was exempt from registration with the Charity Commission, under Statutory Instrument Number 2655 of 2007.

Structure, Governance and Management

As part of the Methodist Church, the charity is governed by the Deed of Union (1932) and the Methodist Church Act (1976). The governing documents are contained in “The Constitutional Practice and Discipline of the Methodist Church”.

The Methodist Church Barnsley North East consists of five churches serving the the communities of Hemsworth, Brierley, Cudworth, Monk Bretton, Athersley, Staincross/Mapplewell, and Ryhill.

The Trustees of the charity are the members of the Church Council. The Church Council has authority and oversight over the whole area of the ministry of the church, including the management of its property. The council is responsible for the leadership and the determination and pursuit of policy and the deployment of available resources.

Trustees are elected to the Church Council at the General Church Meeting and eligibility for appointment is set out in the Constitution.

The Trustees who served during the period, and to the date of signing of this report, are listed on page 3 of this report

Charitable Objectives

The purposes of the Methodist Church are, and shall be deemed to have been, since the date of the Union:

The advancement of:

Mission Statement

The mission of the Barnsley North East Methodist Church is to share the gospel of Christ by seeking to serve our communities and the wider world.

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THE METHODIST CHURCH BARNSLEY NORTH EAST

YEAR ENDED 31 AUGUST 2024

TRUSTEES’ REPORT continued

Public Benefit

The trustees have taken due regard of guidance on public benefit published by the Charity Commission in planning the objectives and activities for the year.

Risk management

The Trustees are responsible for identifying and managing risk. The Trustees monitor and review the activities of the charity to ensure that risks are identified and that procedures have been put in place to mitigate those risks.

Related parties

The charity is part of the Methodist Church and is a member of the Barnsley Methodist Circuit (registered charity number 1135240. The Methodist Circuit provides resources and employs the ministers and lay workers. The Circuit also maintains the fabric of the properties and arranges the finances for the maintenance of the member churches. The charity contributes to the cost of the Circuit through a levy known as the Circuit Assessment.

Activities and achievements during the financial year

The church organises itself to carry out its stated aims and objectives by:

In all this, members comply with the safeguarding and GDPR.

How our church’s work has developed towards fulfilling its aims:

Regular in person worship continues and includes some more informal opportunities to worship and explore faith together. We have continued to support Brierley in streaming its weekly service and the mid-week contemporary worship services to enable people who cannot attend worship to join in. We have welcomed new people into our congregations.

We have invited members to contribute to a review of our mission, and the Church Council is looking to take forward ideas generated.

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THE METHODIST CHURCH BARNSLEY NORTH EAST

TRUSTEES’ REPORT continued

YEAR ENDED 31 AUGUST 2024

We have facilitated a significant number of Baptisms, Weddings, and Funerals.

The Family & Children’s lay worker is supporting more messy church initiatives.

We have continued links with 10 local residential/nursing homes where our pastoral worker runs messy vintage groups.

We have run several open children’s fiesta worship meetings in the Hemsworth Soft Play centre.

During Summer holidays 2024, Staincross opened to give free holiday hunger lunches.

We continue to offer our buildings to community groups, helping support our communities, including a friendship group at Monk Bretton, and sewing group at Brierley.

Funds have been raised for a variety of charities including All We Can, Christian Aid, Action for Children and other local charities.

We have continued to engage ecumenically where possible.

3 of the chapels have registered for Same Sex marriage.

Policy on reserves

Based on expenditure over recent years, the increase in assessment (6%), expected increase in power costs and to ensure there are reserves to cover costs for 6 months, the Church will work to maintain reserves of approx. £85,000. Excluding fixed assets and restricted funds, the Church has funds of £124,039 which gives surplus reserves of £39,039.

It should be noted that £11,000 of the surplus are funds remaining after the closure of New Hope Methodist Church and the North East Church Council has yet to decide what restrictions to be put on their use and there was a deficit of £600 on Cudworth Church closure.

There are no significant property maintenance projects for this year, but with several older buildings to maintain funds may be needed. Concern over roof repair at Brierley continues and Hemsworth needs roof repairs.

Ryhill accepted an offer of a £6,800 interest free loan over 5 years from NE funds to enable the boiler installation to go ahead before winter 2023 which they are paying off quarterly.

The Church Council is mindful of the continued financial implications of reducing elderly membership and where necessary and appropriate will use surplus funds to support mission activity in the area, maintaining our presence and support for the communities we work among.

The NE church acknowledges that each chapel contributed varying amounts on entering the NE Church and they may need to be shared to support our on-going work.

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THE METHODIST CHURCH BARNSLEY NORTH EAST

YEAR ENDED 31 AUGUST 2024

TRUSTEES’ REPORT continued

We plan to use reserves to resource mission and to strengthen relationships within the multi-site Barnsley North East Methodist Church as follows:

We continue to discuss how to share our resources in a way which equips each chapel for mission in its local community and also enables us to jointly fund shared initiatives while respecting the assets originally contributed by each chapel.

Policy for restricted funds

Restricted funds are linked to specific Chapels and are to be used as set out:

An analysis of the movement on restricted funds is provided on page 19 of this report.

Financial position

The financial statements are set out in pages 10 to 20. The Statement of Financial Activities shows a deficit for the year of £14,982 (2023: a deficit of £33,296). This figure includes the annual depreciation charge (£26,864 in the current year).

The total funds at the year-end stand at £472,532 (2023: £487,514). This includes the value of fixed assets. The general reserve of the charity stands at £124,039 at the year-end (2023: £139,989).

Major transactions that have taken place during the year include, installation of new boiler at Ryhill, CCTV at Staincross and major roof repairs at Brierley.

Material voluntary help and free facilities provided for the church’s use are:

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THE METHODIST CHURCH BARNSLEY NORTH EAST

TRUSTEES’ REPORT continued

YEAR ENDED 31 AUGUST 2024

Statement of Trustee responsibility

Law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity’s financial activities during the year and of its financial position at the end of the year. In preparing financial statements giving a true and fair view, the trustees should follow best practice and:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Statement of disclosure to Independent Examiner

The Trustees certify that:

The Trustees declare that they have approved the trustees’ report above.

Signed on behalf of the Trustees:

Signed:

Date:

Rev Claire Elizabeth Rawlinson , Chair of the Trustees

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THE METHODIST CHURCH BARNSLEY NORTH EAST

INDEPENDENT EXAMINER’S REPORT

YEAR ENDED 31 AUGUST 2024

I report on the accounts for the year ended 31 August 2024, which are set out on pages 10 to 20.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 (2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

I have no concerns and I 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.

Signed: Dated:

Angela Hayes, FMAAT Community Accountant 22 Brocklehurst Avenue, Barnsley, South Yorkshire, S70 3EE

Angela Hayes is licensed and regulated by AAT under licence number 1006755

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THE METHODIST CHURCH BARNSLEY NORTH EAST

STATEMENT OF FINANCIAL ACTIVITIES

YEAR ENDED 31 AUGUST 2024

Unrestricted Designated
Funds
Funds
Note
£
£
Income
Income from donations & legacies
2a
91,280
-
Income from charitable activities
2b
45,561
-
Income from fundraising activities
2c
16,983
-
Investment income
2d
2,359
-
Other income
2e
6,992
-
Total Income
163,175
-
Expenditure
Expenditure of charitable activities
3a
168,575
26,864
Other expenditure
3b
-
-
Total Expenditure
168,575
26,864
Net Income/Expenditure
(5,400)
(26,864)
Transfers & adjustments
17
(10,550)
13,970
Net movement in funds
(15,950)
(12,894)
Total funds brought forward
16
139,989
306,986
Total funds carried forward
16
124,039
294,092		 Restricted
Funds
£
18,577
2,254
-
1,402
-
22,233
4,951
-
4,951
17,282
(3,420)
13,862
40,539
54,401		 2024
2023
Total
Funds
£
£
109,857
111,343
47,815
88,316
16,983
17,766
3,761
2,407
6,992
6,163
185,408
225,995
200,390
259,291
-
-
200,390
259,291
(14,982)
(33,296)
-
-
(14,982)
(33,296)
487,514
520,810
472,532
487,514

The above results are derived from continuing activities. All gains and losses recognised in the year are included above.

The designated funds are the fixed assets held by the charity.

Prior year income includes £59,764 restricted funds (£12,600 donations & legacies; £46,385 charitable activities; £779 investment income).

Prior year expenditure on charitable activities includes £80,703 from restricted funds and £25,467 from designated funds (depreciation).

All other prior year income and expenditure is unrestricted.

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THE METHODIST CHURCH BARNSLEY NORTH EAST

BALANCE SHEET

AS AT 31 AUGUST 2024

Note
Fixed assets
Tangible fixed assets
4
Investments
5
Current assets
Debtors
7
Cash at bank and in hand
6
Total current assets
Current liabilities
Creditors
amounts falling due within one year
8
Net current assets
Net assets
Funds of the charity
16
Unrestricted funds
Designated funds (Fixed Assets)
Restricted funds
Total funds		 £
294,092
28,807		 2024
2023

£
£
£
306,986
322,899
27,404
334,390
12,426
143,878
156,304

(3,180)
149,633
153,124
472,532
487,514
124,039
139,989
294,092
306,986
54,401
40,539
472,532
487,514		 2024
2023

£
£
£
306,986
322,899
27,404
334,390
12,426
143,878
156,304

(3,180)
149,633
153,124
472,532
487,514
124,039
139,989
294,092
306,986
54,401
40,539
472,532
487,514
10,126
140,407
150,533
(900)
487,514
139,989
306,986
40,539
487,514

Approved by the Trustees and signed on their behalf by:

Signed:

Rev Claire Elizabeth Rawlinson , Chair of the Trustees

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THE METHODIST CHURCH BARNSLEY NORTH EAST

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 AUGUST 2024

1. Accounting policies

‘(a) Accounting convention

The financial statements have been prepared in accordance with Accounting and Reporting by Charities - Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019) – (Charities SORP (FRS102)).

The charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value, unless otherwise stated in the relevant accounting policy note(s).

The financial statements are prepared in pounds sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest pound.

(b) Going Concern Note

After reviewing the charity’s forecasts and projections and its reserves, the trustees have reasonable expectation that the charity has adequate resources to continue in operation for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements .

(c) Incoming resources

All material incoming resources have been included in the Statement of Financial Activities when the charity is entitled to the income, when any performance conditions attached are met, when it is probable that the income will be received and when the amount can be measured reliably.

Income from donations and legacies includes all income received by the charity that is, in substance, a gift made on a voluntary basis.

Income from charitable activities includes income earned from the supply of goods or services for activities undertaken for charitable purposes.

Income from other fundraising activities includes income from fundraising and non-charitable trading activities.

Investment income is earned from holding assets for investment purposes.

(d) Donated goods and services

Donated facilities and services are recognised in the accounts, at the amount the charity would pay in the open market for a service equivalent to that being donated, when the charity would otherwise have purchased them and the value can be measured reliably.

Donated goods for the charity’s own use are recognised as income, at their fair value.

The contribution of general volunteers is not recognised as income in the charity accounts.

(e) Resources Expended

All expenditure is included on an accruals basis and is recognised as a liability is incurred. The charity is not registered for VAT and accordingly resources expended are shown gross of irrecoverable VAT.

Expenditure on charitable activities includes all costs incurred by the charity in undertaking activities that further its charitable aims, for the benefit of its beneficiaries.

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THE METHODIST CHURCH BARNSLEY NORTH EAST

NOTES TO THE FINANCIAL STATEMENTS continued

YEAR ENDED 31 AUGUST 2024

(f) Tangible fixed assets

Property improvements are capitalised in the accounts of the Church and depreciated over the estimated useful life of the asset. In the year of acquisition, assets are depreciated for the full year. The applicable rates are:

Property Improvements – 6.667% on a straight-line basis Equipment, Fixtures & Fittings – 10% on a straight-line basis

(g) Funds Structure

The charity maintains a general unrestricted fund which represents funds which are expendable at the discretion of the trustees in furtherance of the objects of the charity.

Restricted funds have been provided to the charity for particular purposes and may only be spent for the purposes for which they were given. Any balance remaining outstanding on a restricted fund at the end of the year is carried forward as a balance on the fund, unless permission has been given by the funder to remove the restriction on the balance outstanding.

Funds relating to capital expenditure are transferred to a designated fund against which depreciation is charged.

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THE METHODIST CHURCH BARNSLEY NORTH EAST

NOTES TO THE FINANCIAL STATEMENTS continued

YEAR ENDED 31 AUGUST 2024

2. Analysis of Income

Note
2a
Income from Donations & Legacies
Regular giving
Collections
Baptism/wedding collections
Donations/appeals
Legacies & bequests
Grants received:
Barnsley Methodist Circuit
Warm Spaces Grant
Barnsley MBC
Sheffield District Methodist Church
Wakefield MDC
Wakefield NOVA
Gift Aid tax recovered
Total
2b
Income from Church Activities
Lettings
Hemsworth Soft Play income
Internal organisations
Total
2c
Income from Fundraising Activities
Social events & coffee mornings
Shop sales - Cudworth
Total
2d
Income from Investments
Bank & investment interest
2e
Other Income
Staincross Power infeed
Insurance claims
Refunds & miscellaneous
Total
Total Income		 2024
Unrestricted
Restricted
Total
Funds
Funds
Funds
£
£
£
19,028
-
19,028
41,303
-
41,303
2,228
-
2,228
13,464
4,000
17,464
-
13,577
13,577
-
1,000
1,000
-
-
-
500
-
500
-
-
-
-
-
-
-
-
-
14,757
-
14,757
91,280
18,577
109,857
45,561
-
45,561
-
-
-
-
2,254
2,254
45,561
2,254
47,815
16,983
-
16,983
-
-
-
16,983
-
16,983
2,359
1,402
3,761
1,535
-
1,535
4,436
-
4,436
1,021
-
1,021
6,992
-
6,992
163,175
22,233
185,408		 2023
Unrestricted Restricted
Total
Funds
Funds
Funds
£
£
£
17,804
-
17,804
45,159
-
45,159
2,047
-
2,047
19,161
19,161
-
-
-
-
2,000
2,000
-
7,100
7,100
-
-
-
-
-
-
-
500
500
-
3,000
3,000
14,572
-
14,572
98,743
12,600
111,343
41,931
-
41,931
-
36,780
36,780
-
9,605
9,605
41,931
46,385
88,316
17,766
-
17,766
-
-
-
17,766
-
17,766
1,628
779
2,407
1,502
-
1,502
3,658
-
3,658
1,003
-
1,003
6,163
-
6,163
166,231
59,764
225,995

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THE METHODIST CHURCH BARNSLEY NORTH EAST

NOTES TO THE FINANCIAL STATEMENTS continued

YEAR ENDED 31 AUGUST 2024

3. Analysis of Expenditure
2024
Unrestricted Designated
Restricted
Total
Note
Funds
Funds
Funds
Funds
Note
£
£
£
£
3a
Expenditure on Charitable Activities
Missionary & charitable giving
810
-
-
810
Connexional funds
2,100
-
-
2,100
Circuit Assessment
90,260
-
-
90,260
Heating & Lighting
22,025
-
-
22,025
Insurance
7,512
-
-
7,512
Water rates
2,894
-
-
2,894
Repairs, maintenance & cleaning
22,971
-
-
22,971
Salaries
9
9,261
-
-
9,261
Admin expenses
3,565
-
-
3,565
Bank charges
63
-
-
63
Accountancy fee
900
-
-
900
NE Mission
1,081
-
920
2,001
Lunch club support
2,205
-
-
2,205
Internal organisations
-
-
3,352
3,352
Hemsworth Soft Play - salaries cost
9
-
-
-
-
Hemsworth Soft Play - other overheads
-
-
-
-
Depreciation
-
26,864
-
26,864
Other payments
2,928
-
679
3,607
Total
168,575
26,864
4,951
200,390
3b
Other Expenditure
-
-
-
-
Total Expenditure
168,575
26,864
4,951
200,390		 2023
£
751
2,050
86,380
22,432
8,440
2,414
16,905
7,827
3,088
233
900
2,076
-
5,946
38,427
33,868
25,467
2,087
259,291
-
259,291

Prior year expenditure includes Hemsworth Soft Play salaries (£38,427); Soft Play overheads (£33,868); Internal organisation spend (£5,946); NE Mission spend (£2,076) and other payments (£386) from restricted funds.

Prior year expenditure includes depreciation (£25,467) from designated funds.

All other prior year expenditure is unrestricted.

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THE METHODIST CHURCH BARNSLEY NORTH EAST

NOTES TO THE FINANCIAL STATEMENTS continued

YEAR ENDED 31 AUGUST 2024

4. Tangible Fixed Assets

Original Cost
As @ 01 September 2023
Additions in the year
As @ 31 August 2024
Depreciation
As @ 01 September 2023
Depreciation charge
As @ 31 August 2024
Net Book Value
As @ 01 September 2023
As @ 31 August 2024		 Property
Equipment
Improvements
Fixtures & Fittings
£
£
382,001
-
-
13,970
382,001
13,970
75,015
-
25,467
1,397
100,482
1,397
306,986
-
281,519
12,573		 TOTAL
£
382,001
13,970
395,971
75,015
26,864
101,879
306,986
294,092

The property improvements are in respect of the Hemsworth soft play and building improvement capital project, completed 2020.

5. Investments

TMCP
Cash at bank and in hand
Note
Cash in hand
Bank Accounts
Central Finance Board
Total
Add Funds held by internal organisations
13
Less funds held on behalf of external organisations
14
Total cash funds held		 2024
2023
£
£
28,807
27,404
2024
2023
£
£
338
330
94,820
92,817
43,399
47,540
138,557
140,687
1,850
3,404
-
(213)
140,407
143,878

6. Cash at bank and in hand

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THE METHODIST CHURCH BARNSLEY NORTH EAST

NOTES TO THE FINANCIAL STATEMENTS continued

YEAR ENDED 31 AUGUST 2024

7.Debtors
Gift Aid due
Lettings and other accounts receivable
Insurance claim due
Prepayments (insurance)
8.Creditors
Accountancy Fee
Other creditors
9.Staff costs and numbers
Salaries Cost
Employer NI
Employer Pension Contribution
Average number of staff employed		 2024
£
5,250
632

-
4,244
10,126
2024
£
900
-
900
2024
£
9,261
-
-
9,261
3		 2023
£
5,250
727
2,250
4,199
12,426
2023
£
900
2,280
3,180
2023
£
42,654
1,833
1,767
46,254
4

10. Trustees’ remuneration, benefits and expenses

Other than reimbursement of items purchased on behalf of the Church, there was no remuneration, expenses or benefits made to trustees in this or the previous accounting period.

11. Related party transactions

During the year charity incurred assessment costs, payable to Barnsley Methodist Circuit, totalling £90,260 (2023: £86,380). The charity received 2 Mission Grants from Barnsley Methodist Circuit, to the total value of £1,000. There were no other transactions with any person or party closely related to a trustee, during this or the previous financial period.

12. Land & buildings

Church buildings are the property of the Methodist Church and are not recognised in the accounts of the Methodist Church Barnsley North East.

Property Improvements are capitalised in the accounts of the Methodist Church Barnsley North East and depreciated over their estimated useful life.

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THE METHODIST CHURCH BARNSLEY NORTH EAST

NOTES TO THE FINANCIAL STATEMENTS continued

YEAR ENDED 31 AUGUST 2024

13. Funds held by internal organisations

Transfer
to NE
Opening Current Closing
Balance Receipts Payments Account Balance
£ £ £ £ £
Hemsworth Little Fishes 2,044 1,180 (2,437) 787
Hemsworth Small Fry 430 1,074 (915) - 589
Monk Bretton Sunday School 474 - - - 474
Hemsworth Friendship Group 456 - - (456) -
Total 3,404 2,254 (3,352) (456) 1,850
Internal organisations are groups that are part of the Church and report to the Trustees. The
transactions are included in the accounts of the Methodist Church Barnsley North East and are
recorded as restricted funds.
14.Funds held as custodian trustee
31/08/2024 31/08/2023
£ £
Balance brought forward 213 340
Offerings/Gifts received for external organisations 3,547 9,229
Offerings/Gifts passed on to external organisations (3,760) (9,356)
Balance carried forward - 213

14. Funds held as custodian trustee

Funds received through offerings and gifts collected on the behalf of external organisations. The income does not belong to the Church and therefore is not included in the Statement of Financial Activities or the Balance Sheet.

15. Independent Examination and accountancy services

The cost of accounts preparation and independent examination for the financial year was £900 (2023: £900).

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THE METHODIST CHURCH BARNSLEY NORTH EAST

NOTES TO THE FINANCIAL STATEMENTS continued

YEAR ENDED 31 AUGUST 2024

16. Movement in funds

Opening
balance
£
Unrestricted funds
General Fund
139,989
139,989
Designated funds
Fixed Assets
306,986
306,986
Restricted funds
Trust Fund 20590 (Cudworth Church)
25,217
Trust Fund 19378 (Brierley Church)
2,162
Staincross Legacy
-
Shafton Bequest
-
Internal Organisations (see note 6)
3,404
New Hope Clubs
3,975
Hemsworth Soft Play
2,700
Mission Grant: Dementia Friendly Worship
500
Mission Grant: Messy Vintage
300
Mission Grant: Eco Grant
-
Mission Grant: Drum
-
Mission Grant: Pizza Lunches
-
Mission Grant: MB Friendship Group
-
Mission Grant: Fiesta
-
Ryhill Boiler Donations
-
Monk Bretton Defibrillator Account
2,281
40,539
Total Funds
487,514		 Income
Expenditure
£
£
163,175
(168,575)
163,175
(168,575)
-
(26,864)
-
(26,864)
1,291
-
111
-
10,000
-
3,577
-
2,254
(3,352)
-
-
-
-
-
(414)
-
(154)
500
(245)
500
(434)
-
(186)
-
(125)
-
(41)
4,000
-
-
-
22,233
(4,951)
185,408
(200,390)		 Closing
Transfers
balance
£
£
(10,550)
124,039
(10,550)
124,039
13,970
294,092
13,970
294,092
-
26,508
-
2,273
-
10,000
-
3,577
(456)
1,850
-
3,975
-
2,700
-
86
-
146
-
255
-
66
308
122
427
302
301
260
(4,000)
-
-
2,281
(3,420)
54,401
-
472,532

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THE METHODIST CHURCH BARNSLEY NORTH EAST

NOTES TO THE FINANCIAL STATEMENTS continued

YEAR ENDED 31 AUGUST 2024

17. Funds transfers

17.Funds transfers
General Internal Mission Restricted Fixed
Fund Organisations Grants Donations Assets
£ £ £ £ £
Hemsworth Friendship Group 456 (456) - - -
Balance b/f Mission Grants (1,036) - 1,036 - -
Funds for the purchase of Fixed Assets (9,970) - - (4,000) 13,970
(10,550) (456) 1,036 (4,000) 13,970

18. Analysis of assets between funds

31/08/2024
Tangible Fixed Assets
Investments
Current Assets
Current Liabilities
31/08/2023
Tangible Fixed Assets
Investments
Current Assets
Current Liabilities		 Unrestricted
Funds
£
-
26
124,913
(900)
124,039
-
24
143,145
(3,180)
139,989		 Designated
Funds
£
294,092
-
-
-
294,092
306,986
-
-
-
306,986		 Restricted
Funds
£
-
28,781
25,620
-
54,401
-
27,380
13,159
-
40,539		 Total
£
294,092
28,807
150,533
(900)
472,532
306,986
27,404
156,304
(3,180)
487,514

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