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2023-08-31-accounts

Trustees’ Annual Report for the period

From 1[st] September 2022 To 31[st] August 2023 Charity name: Ivybridge Methodist Church Charity registration number: 1192612

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 The deed of Union (1932) and Methodist
Church Act (1976) are the governing
documents.
The purposes of the 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 of the Methodist Church;
b) any charitable purpose for the time
being of any Connexional, district,
circuit, local or other organisation of the
Methodist Church;
c) any charitable purpose for the time
being of any 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 of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.		 Para 1.17 and
1.19		 Ivybridge Methodist Church provides
buildings, facilities, a place for worship
(including live-streaming services), the
general advancement of the Christian
faith, Christian education, pastoral care,
evangelising, maintaining the church
building, conducting Christian services,
such as funerals, marriages, welcoming
new children and raising awareness of
the Christian faith.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 Yes the trustees have regard to the
guidance issued by the Charity
Commission on public benefit and
always seek to fulfil that to the best of
their ability within the guidance of its
**governing document. **

Additional information (optional)

You may choose to include further statements where relevant about:

SORP reference
Policy on grant making Para 1.38 No grants have been made by Ivybridge
Methodist Church.
Policy on social investment
including program related
investment		 Para 1.38 Ivybridge Methodist Church has no
social investments.
Contribution made by
volunteers		 Para 1.38 The contribution of volunteers is
essential to the work of the charity.
Volunteers undergo DBS checks where
appropriate. Together they contribute
around 7000 hours of service 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 streaming.
Other

Achievements and Performance

SORP reference
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 The Charity’s main focus is a place for
services of worship for its fellowship
and surrounding community. To also
offer the sacraments of baptism,
marriages and funerals to the
community. The charity also seeks to
build up the fellowship and serve the
community – such as, community
lunches are held weekly, 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
livestreaming of the 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 may choose to include further statements where relevant about:

Achievements against
objectives set		 Para 1.41 The main objective of the Charity is to
be a body of people committed to
following Jesus Christ and to enable
others to explore what this might mean
for them.
To also ensure all have every
opportunity of joining in the established
fellowship. We have five guiding aims
namely: Providing accessible worship,
Sharing the Good News, Encouraging
Spiritual growth, Blessing our
community and being a Church family
and these guide our ongoing strategy.
Performance of fundraising
activities against objectives
set		 Para 1.41 We receive our funding via donations
from the fellowship, gift aid, rental
income and VAT refunds. During this
year with all its challenges we
maintained enough funding to remain
financially stable.
Investment performance
against objectives		 Para 1.41 Ivybridge Methodist Church holds no
investments.
Other

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period		 Para 1.21 For the year 2022/23 the fellowship has
been blessed by the Lord to have ended
the year with a healthy bank balance of
£98,161.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 The reserve policy is circa a quarter of
Ivybridge 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 of reserves held Para 1.22 £26,000
Reasons for holding zero
reserves		 Para 1.22 Not applicable.
Details of fund materially in
deficit		 Para 1.24 Not applicable.
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23 There are no financial concerns re the
viability of the charity, but this is kept
under a continued forecast review.
Additional information (optional)
You may choose to include further statements		 Additional information (optional)
You may choose to include further statements		 where relevant about:
The charity’s principal
sources of funds (including
any fundraising)		 Para 1.47 The principle sources are donors who
are largely church attendees who
contribute either by standing order,
weekly envelopes or cash in the church
collection. As many of these donations
are from UK tax payers, IMC claims the
gift aid.
Investment policy and
objectives including any
social investment policy
adopted		 Para 1.46 If IMC had investments then it would
comply with the Methodist Church
investment policy.
A description of the principal
risks facing the charity		 Para 1.46 We have completed the Methodist
Insurance Risk Assessment and keep it
under regular review.
Our principal risks are:
1) A large fall in fellowship numbers that
could impact donations.
2) A major safeguarding problem.
Other

Structure, Governance and Management

Description of charity’s
trusts:		 Not applicable.
Type of governing document
(trust deed, royal charter)		 Para 1.25 The deed of Union (1932) and Methodist
Church Act (1976)
How is the charity
constituted?
(e.g unincorporated
association, CIO)		 Para 1.25 1976 Methodist Church Act authorises
the Methodist Conference as the
governing body
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees		 Para 1.25 Trustees (Stewards) are appointed by
the Annual Church meeting from
nominations received from the Church
membership. Other Trustees are
appointed by the Church Council as per
Methodist rules. The only Trustee not
appointed in this way is the Chair (the
Minister) who is selected by the Circuit
and appointed by the Conference of the
Methodist Church.
Additional information (optional)
You may choose to include further statements		 Additional information (optional)
You may choose to include further statements		 where relevant about:
Policies and procedures
adopted for the induction
and training of trustees		 Para 1.51 The Methodist Church Trustee Eligibility
Declaration with Addendum 1 and
Addendum 2 – Ivybridge Methodist
Church– Guidance and Policies.
The charity’s organisational
structure and any wider
network with which the
charity works		 Para 1.51 The national Methodist Church/The
Connexional is the governing charity
that devolves responsibility via local
District & circuit charities that are
formed from individual Methodist
Churches. Ivybridge Methodist Church
is governed by the Church Council, who
all are trustees.
Relationship with any
related parties		 Para 1.51 The Church hosts the office of the local
Youth for Christ team and the local Food
Bank under annual license as
prescribed by TMCP (Trustees of
Methodist Church Purposes).
Other

Reference and Administrative details

Charity name Ivybridge Methodist Church
Other name the charity uses IMC, Ivybridge Methodist Church Trustees
Registered charity number 1192612
Charity’s principal address Ivybridge Methodist Church, Fore Street,
Ivybridge,
Devon PL21 9AB

Names of the charity trustees who manage the charity

1
2
3
4
5
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7
8
9
10
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13
14
15
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17
18
19
20		 Trustee name Office (if any) Dates acted if not for
**whole year **		 Name of person (or body) entitled
to appoint trustee (ifany)
Rev Amanda Roper Minister/Chair From 1stSept 2021 Methodist Conference
LindseyReid Secretary Church Council
Robin Duckering Treasurer Church AGM
Valerie Marriott Administrator Church AGM
RegMarriott Senior Steward Church Council
Christine Gentle Steward Church AGM
David Bithell Steward Resigned 23 July2023 Church AGM
David Rowe Steward Church AGM
Lynn Allen Steward Church AGM
Pam Shead Steward From 24 May2023 Church AGM
Carole Mitchell Pastoral Secretary Church Council
Chris Phillips PropertySteward Church Council
Andrew Phillips Youth Vision Fund Church Council
Sara Hladkij SafeguardingOfficer Church Council
Maureen Scoble Congregational Rep Church Council
JudyJago Congregational Rep Church Council
Madeline Allen Congregational Rep Church Council
Stephen Gill Congregational Rep Church Council
Pam Montgomery Steward 31 January2023 Church AGM

– Corporate trustees names of the directors at the date the report was approved

Director name Not applicable

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year
Trustees for the Methodist
Church Purposes

Funds held as custodian trustees on behalf of others

Description of the assets Not Applicable held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address
adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations The trustees declare that they have approvod the trustses, report above. Slgned on behalf of the charlty's trustees Slgnature(s) Full name(s) Posltlon (eg Sgcretary, Chalr, etc) Rev Amanda Ropor Mlnlster & Chalr . Reg Marrlott Senlor Steward Date 13th February 2024

CHURCH RECEIPTS AND PAYMENTS ACCOUNTS

THE METHODIST CHURCH

STANDARD FORM OF ACCOUNTS

IVYBRIDGE METHODIST CHURCH

STANDARD FORM OF ACCOUNTS STANDARD FORM OF ACCOUNTS STANDARD FORM OF ACCOUNTS
IVYBRIDGE METHODIST CHURCH Church
FOR THE YEAR ENDED
31 August 2023
Circuit
Plymouth & Devonport		 Circuit no. 24/1
Registered Charity - Charity Registration number
1192612

If not a registered charity Her Majesty's Revenue and Customs Gift Aid number

(The HMRC number is equivalent to a registered charity number in terms of evidence of charitable status and may be used to give to donors or grant funders wishing to see evidence of the organisation's charitable status. Methodist charities in England and Wales that are not registered charities are excepted from registration under Statutory Instrument 2014 No.242)

Minister:
Rev Amanda Roper
Church Trustees:
Reg Marriott Lindsey Reid
Pam Shead Valerie Marriott
Chris Gentle Dave Rowe
Lynn Allen Carole Mitchell
Chris Phillips Andrew Phillips
Sara Hladkij Maureen Scoble
Judy Jago Madeline Allen
Steve Gill David Bithell resigned during this year

Treasurer: Robin Duckering

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~~IVYBRIDGE~~ METHODIST Church

ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2023

~~CHURCH~~

SECTION A Unrestricted
Funds
Restricted
Funds		 Unrestricted
Funds
Restricted
Funds		 £
73,788
1,401
12,022
4,901
Totals this
year		 £
73,788
1,401
12,022
4,901
Totals this
year		 Totals last
year
£ £ £ £
a1 RECEIPTS Note
a2 Offerings and Tax recovered 64,446 9,342 73,788 85,906
a3 Bank and CFB interest and
Investment income		 1,401 1,401 160
a4 Lettings 12,022 12,022 9,391
a5 Other receipts 4,901 4,901 3,685
a6 TOTAL RECEIPTS 82,770 9,342 **92,112 ** (a7) 99,141
SECTION B 32,661
6,935
16,846
16,568
11,065
b1 PAYMENTS
b2 Circuit Assessment or Share 32,661 32,661 46,015
b3 Donations 4,680 2,255 6,935 10,366
b4 Repairs and Maintenance 14,136 2,710 16,846 13,430
b5 Utilities (Insurances, water
charges,heating& lighting)		 14,516 2,053 16,568 10,566
b6
b7 Otherpayments 8,628 2,437 11,065 12,025
b8 TOTAL PAYMENTS 74,622 9,455 **84,076 ** (b9) 92,402
8,036
SECTION C
c1 NET RECEIPTS/PAYMENTS
FOR THE YEAR
(a6-b8)		 8,148 (113) 8,036 6,739
c2 Total funds brought forward from
last year		 62,673 193 **62,866 ** (c6) 56,127
70,902
c3 (c1+c2)
Sub total		 70,822 80 70,902 62,866
c4 Transfers and adjustments (c7)
c5 TOTAL FUNDS AT END OF YEAR
(c3+c4)		 70,822 80 **70,902 ** (c8) 62,866 (c6)
SECTION D
d (these amounts are not to be included in total receipts/payments figures
FOR INFORMATION ONLY: MONEY RECEIVED AND PASSED ON TO EXTERNAL		 £
£
ORGANISATIONS
d1 Balance brought forward from lastyear
d2 Offerings/Gifts - received for external organisations
d3 Offerings/Gifts -passed to external organisations
d4 BALANCE STILL TO BE PAID (d1+d2-d3)

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IVYBRIDGE METHODIST CHURCH

Church

SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL

SECTION E Please follow the Guidance Notes to complete this page
Summary of the Church accounts for the year ended 31 August 2023 and Internal Organisations reporting to the Church Council/Church Meeting. Note that the funds of
an Internal Organisation would normally be Restricted funds unless it could be clearly shown that they could be used for any Methodist purpose. This section must be
completed to arrive at the gross income and expenditure totals of the Church. If gross income exceeds the Accruals threshold, then the Accruals method of accounting
AND A DIFFERENT FORM must be used to report the accounts (see Methodist website). Please refer to the guidance notes regarding transfers between the District
and connected District Organisations.
SECTION E Please follow the Guidance Notes to complete this page
Summary of the Church accounts for the year ended 31 August 2023 and Internal Organisations reporting to the Church Council/Church Meeting. Note that the funds of
an Internal Organisation would normally be Restricted funds unless it could be clearly shown that they could be used for any Methodist purpose. This section must be
completed to arrive at the gross income and expenditure totals of the Church. If gross income exceeds the Accruals threshold, then the Accruals method of accounting
AND A DIFFERENT FORM must be used to report the accounts (see Methodist website). Please refer to the guidance notes regarding transfers between the District
and connected District Organisations.
INTERNAL
ORGANISATIONS
e1 Youth Vision Fund Account
e2
e3
e4
e5
e6
e7
e8 Sub total of Internal
Organisations funds
e9 Church accounts (totals
brought forward from page
2 - totals column)
e10 TOTAL CASH FUNDS HELD
BY CHURCH

SECTION F

STATEMENT OF ASSETS AND LIABILITIES

STATEMENT OF ASSETS AND LIABILITIES
CHURCH - CASH FUNDS HELD at 31 August 2023
Cash in hand
Bank Current Account
Bank Deposit Account
SUB TOTAL - Church accounts
TOTAL CASH FUNDS HELD BY CHURCH
Central Finance Board
Trustees for Methodist Church Purposes
Other funds
Total funds held by Internal Organisations (the closing
balance total from above) (e12)		 OPENING
BALANCES
24,107
38,759
62,866
(c6)
18,693 (e11)
81,558
(x)		 CLOSING
BALANCES
f1 Cash in hand
f2 Bank Current Account 28,221
f3 Bank Deposit Account
f4 Central Finance Board 42,680
f5 Trustees for Methodist Church Purposes
f6 Other funds
f7 SUB TOTAL - Church accounts 70,902 (c8)
f8 Total funds held by Internal Organisations (the closing
balance total from above) (e12)		 27,260 (e12)
f9 TOTAL CASH FUNDS HELD BY CHURCH 98,161 (y)
SECTION G
OTHER ASSETS and LIABILITIES
Other Assets
Land & Buildings(see notes re Insurance value)
Loan(s)- show amount outstandingatyear end
Other Liabilities
Investments(include Endowments)		 At
1 September 2022
8,950,000
180,000		 At
31 August 2023
9,854,064
198,182
g1 Investments(include Endowments)
g2 Land & Buildings(see notes re Insurance value) 8,950,000 9,854,064
g3 Other Assets 180,000 198,182
g4 Loan(s)- show amount outstandingatyear end
g5 Other Liabilities

f4 Include only Funds held at the Central Finance Board

f5 Include only Funds held at Trustees for Methodist Church Purposes

g1 Include any other investments (not the cash element of TMCP trusts accounts this is included in line f5

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Name of Church Ivybridge Melhodist ChurL Charity No.: 1192612 Declarations and Scrutiny l Confim) that Ih88e Receipt and PayM￿nt based a(￿￿nts br Ihe year lo 31 ￿gUSt 2023 have been p￿pared from Ihe ￿thrds of e Church and Ihatthey indude all funds underthe ￿ntrol oflhe Churth Irustees. Slgnatyre of treasurgr.. Dats 23rd Cttiber 2023 Nam8 and address oftreasurer Robin Ouckering 6 Scolden8 C1088, Modbury. Iwybridge. DeMLin PL21 OSN Pre•entatlon to ￿ Chw¢h tr￿tr•I I conffi￿ that the annual r¢port and a(xounts k)r the yaar 6nd6d 31 August 2023 werehwill be. presented to lh8 rmedng of Ihe Church trusts8s held on 23rd (knber 2023 sIgna￿re ofthe Ch•irofthe m8edng Nama ofthe Chair ofthe meellng Rev Amander Roper Date 23rd October 2023 Independent Examlnerfs Report to the Trustees of tho Ivybrfdge Methodlst Church C￿rIty Numbor 1192612 RO$p￿IbIlItIe0 and b••l• of roport I report to the trustees on myexamination ofthe accounts ofthe........................................ Church for the year ended 31 August 2023 set out on pages ... As the Church's trustees. you aro responsible forthe preparation ofthe ac¢ounts In accordance wilh Ihe requirements of the Charities Act 2011 {'Ihe ACY). I report in respect of my examination of the Churth's accounts caniod out under section 145 ofthe Art and, in carying out my examination. I have lollowed all Ihe applicable DireClic￿S given by Ihe Charity Commission underseLon 14515Mb) ofthe ACL delete or CFrGle as appropriate 4ofS

Name of Church - Ivybridge Methodist Church Charity No.: 1192612 Independent Examlner's Statem•nt I have completed my examination. I confinn that no material matters have come to my atb connection with the examination (other than that disclosed below") which give me cause in. any material respecL' the accounting records were not kept in accordance with section 130 ofthe Ac(. o the accounts do not accord with the accounting records. I have no concems and have come across no other rnatters in connection with the examii attention should be drawn in this report in order to enable a proper understanding of the I reached. I havelhave not. obtained independent verification ofall investrnents with the Trustees fo Church Purposes or held in other trusts. bank balances and ftjnds at the Central Finance Methodist Church which are individually in excess of £10,000 (ten thousand pounds) at tl sheet date. signatu￿ of independentexaminer Name of independent examiner Relevant professional qualification of independent examiner Name of fimi (where appropriate} Address Post Code Date 2022-2023 IMC standa￿ Fomi of Accounts.x 5of5