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2022-08-31-accounts

Object i ves and Acti viti es
SORP reference
Summary ofthe purposes of Para 1.17 The deed ofUnion (1932)and Methodist
the charity as sel out in its Church Act (1976)are the governing
governing document documents.
The purposes ofthe Methodist
Church
are and shall be deemed to have been
since the date of union the advancement
of-
a) the Christian
faith in accordance with
the doctrinal
standards
and the discipline
ofthe Methodist
Church;
b) any charitable
purpose for the time
being ofany Connexional,
district, circuit,
local or other organisation
ofthe
Methodist
Church;
c) any charitable
purpose for the time
being ofany society or institution
subsidiary
or ancillary to the Methodist
Church;
d) any purpose for the time being of any
charity being a charity subsidiary
to the
Methodist Church.
Summary
activities
ofthe main
in relation to those
Para 1.17and
1,19
Ivybridge
Methodist
Church provides
buildings,
facilities, a place for worship
purposes
benefit,
for the public
in particular,
the
(including
live-streaming
services), the
general advancement
ofthe Christian
activities, projects or services faith, Christian
education,
pastoral care,
identified in the accounts. evangelising,
maintaining
the church
building,
conducting
Christian
services,
such as funerals,
marriages,
welcoming
new children
and raising awareness
of
the Christian
faith.
Statement confirming Para 1.1B Yes the trustees
have regard to the
whether the trustees have guidance
Issued by the Charity
had regard io the guidance Commission
on public benefit and always
issued b the Chari seek to fulfil that to the best oftheir

You ma choose to include choose to include choose to include choose to include choose to include further statements where relevant about:
SORP reference
Policy on grant making No grants have been made by Ivybridge
Para 1.38 Methodist Church.
Policy on social investment Ivybrldge
Methodist
Church has no social
including program related Para 1.38 investments.
investment
The contribution
ofvolunteers
ls
Para 1.38 essential tothe work ofthe charity.
Contribution made by Volunteers
undergo
DBSchecks where
volunteers appropriate.
Together they contribute
around 7000 hours ofservice per year.
Without them the charity would be unable
to provide services to our Church and
community.
They are involved
In diverse
areas from bookings management
to
youth work and group leaders to
providing
technology for worship service
live streamln
.
Other
Achievements and Performance
SORP reference
The Charity's
main focus ls a place for
Summary ofthe main services ofworship for Its fellowship
and
achievements ofthe charity, surrounding
community.
Toalso offer the
identifying
the difference
charity'8 work has made
the
to
Para 1.20 sacraments
ofbaptism,
marriages
and
funerals to the community.
The charity
the circumstances of its also seeks to build up the fellowship
and
beneficiaries and any wider serve the community
—such as,
benefits to society as a community
lunches are held weekly,
whole. offering food, conversation
and listening
ears to all who attend and other groups
(both spiritual
and secular) for young and
old to further develop this aim and
achievement.
Post the pandemic
the
livestreamlng
ofthe Sunday services has
continued, as well as restarting
joint
community
events, such as Party in the
Park and a town Carol Service.
Additional information (optional)
You ma choose to include further statements where relevant about
The main objective ofthe Charity Isto be
a body ofpeople committed
to following
Achievements against Para 1.41 Jesus Christ and to enable others to
ob'ectives set
explore what this might mean for them.
Toalso ensure
all have every opportunity
ofjoining
In the established
fellowship.
We have five guiding
alms namely:
Providing accessible worship,
Sharing
the Good News, Encouraging
Spiritual
growth, Blessing our community
and
being a Church family and these guide
our on oln
strate
We receive our funding
via donations
Performance offundraising from the fellowship,
gift aid, rental
activities against objectives
set
Para 1.41 income and VAT refunds.
During this
year with all its challenges
we maintained
enough
funding to remain financially
stable.
Ivybridge
Methodist
Church holds no
Investment performance investments.
a ainst ob'ectives Para 1.41
Other

Financial Review Financial Review
Review ofthe charity's Pars 1.21 Forthe year 2021/22 the fellowship has
financial
position at
ofthe period
the end been blessed by the Lord to have ended
the year with a healthy
bank balance of
f81 558.
Statement
explaining
the Para 1.22 The reserve policy is circa a quarter of
policy for holding reserves
stating why they are held
Ivybrldge
Methodist
Church annual
expenditure.
This should provide
sufficient time to enable the trustees
to
rectify any financial jeopardy due to
either falling income, rising expenditure
or a combination
of both.
Amount ofreserves held Para 1.22 626,000
Reasons for holding zero Para 1.22 Not applicable.
reserves
Details of fund materially in Para 1.24 Not applicable.
deficit
Explanation
ofany
uncertainties
about
the Para 1.23 There are no financial concerns re the
viability ofthe charity, but this is kept
charity continuing
as a going
under acontinued
forecast review.
concern
Additional
information
(optional)
You ma
choose to
include further statements where relevant about
The principle sources are donors who are
largely church attendees
who contribute
The charity's
principal
sources offunds (including
Para 1.47 either by standing
order, weekly
envelopes orcash in the church
any fundraising) collection. As many ofthese donations
are from UK tax payers,
IMC claims the
Iftaid.
IfIMC had investments
then it would
Investment
policy and
comply with the Methodist
Church
objectives including
any
social investment
policy
Pars 1.46 investment
policy.
adopted
We have completed
the Methodist
Insurance
Risk Assessment
and keep It
A description
ofthe
principal Para 1.46 under regular review.
risks facing the charity
Our principal
risks are:
1) A large fall in fellowship
numbers
that
could Impact donations.
2 A ma or safe
uardin
roblem.
Other

Structure, Governance and Man agement
Description
ofcharity's
Not applicable.
trusts:
Type ofgoverning
document
The deed ofUnion (1932)and Methodist
Church Act 1976
How is the charity Para 1.25 1976Methodist
Church Act authorlses
constituted? the Methodist Conference as the
governing
body
Trustee selection methods Para 1.25 Trustees (Stewards) are appointed by the
including
details ofany
Annual
Church meeting
from
constitutional
provisions e.g.
nominations
received from the Church
election to post or name of membership.
Other Trustees are
any person or body entitled appointed
by the Church Council
as per
to appoint one or more
trustees
Methodist
rules. The only Trustee
appointed
in this way is the Chair
not
(the
INInister) who Isselected by the Circuit
and appointed
by the Conference
ofthe
Methodist Church.
Additional Additional information information (optional)
You ma choose to include further statements where relevant about
The Methodist
Church Trustee Eligibility
Policies
adopted
training
and procedures
for the induction
oftrustees
and
Para 1.51
Declaration
with Addendum
1 and
Addendum 2- Ivybrldge
Methodist
Church —Guidance
and Policies.
The national
Methodist
Church/The
Connexional
is the governing
charity that
The charity's
structure
and
network
with
organisational
any wider
which the
Para 1.51
devolves
responsibility
via local District
&circuit charities that are formed from
individual
Methodist Churches.
Ivybridge
charity works INethodlst
Church Is governed
by the
Church Council, who all are trustees.
The Church hosts the office ofthe local
Relationship with any related Youth for Christ team and the local Food
parties Para 1.51 Bank under annual
license as prescribed
by TMCP (Trustees ofMethodist
Church
Pu
oses .
Other

Chari name I
brld e
Methodist Methodist Church Church
Other name the chari uses IINC,
brld
e Methodist Church Trustees
Re istered chari number 1192612
Charity's principal address Ivybrldge Methodist Church, Fore Street,
Ivyb ridge,
Devon
PL21 9AB

Rev Amanda
Ro er
Church Trustees
Reg Marriott Chris Phillips Maureen Scoble
Alison White, completed term during Lindsey Reid Judy Jago
this year
Christine Gentle Valerie Marriott Madeline Allen
David Bithell Carole Mitchell
David Rowe Andrew
Phillips
Lynn Allen Sara Hladkij
Pam Montgomery Steve Gill
Treasurer:
Robin Duckering

unrestrl cted unrestrl cted Restricted Restricted Totals this Totals this Totals last Totals last
SECTION A Funds Funds eer eer
at RECEIPTS Note
a2 Offerin
s and Tax recovered
81 067 4 839 85 906 65 573
Bank and CFB interest and
a3 Investment
income
160 160 59
a4 Lettin
s
9391 9 391 3 402
a5 Other receipts 3585 3 685 44 441
a5 TOTAL RECEIPTS 94,302 4,839 99,141 a7 114,475
SECTION B
b1 PAYMENTS
b2 Circuit Assessment or Share 46 015 46 015 46 015
b3 Donations 4 730 5636 10 366 19 517
b4 Re aim and Maintenance 13430 13 430 28 386
Utilities (Insurances, water charges,
bs heatin
8
li
htin
10566 10 566 9,738
b6
b7 Other
a ments
12025 12 025 15665
b8 TOTAL PAYMENTS 86,766 5,636 92,402 (b9) 119,422
SECTION C
NET RECEIPTS/PAYMENTS FOR
c1 a6428 7536 97 6739 4 947
Total funds brought forward from
c2 last year 55934 193 56127 c6 61 074
c3 Subtotal c1+c2 63470 604 62 866 56 127
c4 Transfers
and ad'ustments
c5 TOTAL FUNDS AT END OF YEAR (c3+c4) 63,470 (604) 62,866 (c8) 56,127 (c6)
SECTION D
FOR INFORMATION ONLY: MONEY RECEIVED AND PASSED ON TO EXTERNAL ORGANISATIONS
d these amounts
are not to be included
in total recei / a ments fl urea above
d1 Balance brou
ht forward
fn2m last ear
d2 Offerin
s/Gifts - received
for external o anisations -Christian Aid 465
d3 Offedn
s/Gifts
-passed to external
o anisations 465
d4 BALANCE STILLTO BE PAID d1+d2-d3