## **METHODIST EVANGELICALS TOGETHER Charity No. 1196407** ## **REPORT for the year ended 31 August 2023** ## **Legal and Administrative information** The organisation is a charitable incorporated organisation registered with the Charity Commission number 1196407. During the period the principal Trustees and officers were: Rev Dr David Hull - Chairman and Trustee Miss Lynn Petersen - Trustee (resigned 31 December 2022) Rev Gareth Higgs – Trustee Mrs Elizabeth Miller - Trustee (appointed 1 January 2023) – Rev Chris Briggs Trustee (appointed 29 May 2023) The Executive Committee (which includes the Trustees) has met twice, in October 2022 and May 2023 to set the policy of the organisation, with several ad hoc conversations also taking place. All the Trustees are volunteers. Trustees are proposed from the Executive and nominees are presented to the AGM, with a reasoned statement, for approval. Trustees are appointed for a term of three years beginning 1 January and eligible for re-election once, and beyond that only by special resolution of the AGM. Elections are held at the AGM preceding reelection. An AGM was held on 29 May 2023. The principal office of the charity is 50a Castle Road, Newport, Isle of Wight, PO30 1DP. ## **Objectives, Activities & Achievements** Methodist Evangelicals Together (MET) stands for the following core purposes and objectives: - Upholding the Authority of the Bible - Seeking Spiritual Renewal - Praying for Revival - Spreading Scriptural Holiness - Emphasising the Centrality of the Cross - Encouraging Evangelism through Relationship, Prayer , Word and Action During the year, the Trustees and Executive Committee consulted with the membership about possibilities for a fresh focus on prayer for revival for the coming years, culminating in a conversation at the AGM. This broad approach was adopted by the AGM and further work continues with a view to finalising these arrangements. MET employs a part time Administrator, Mrs Marian Izzard. The charity produces a magazine, MET Connexion, three times a year. Mrs Izzard is also the Editor of the magazine, a paid role separate from her administrative duties. MET organises three annual conferences: REVIVE (a Prayer Weekend) , Digging for Treasure (a day’s teaching on expository preaching) and Equipping for Ministry (a 1 weekend for probationary ministers and ministers with fewer than 5 years’ experience). Various books and Bible study guides are produced for sale. The website is kept up-to-date at www.methodistevangelicals.org.uk, and we have two Facebook pages, one for members only and the other for public information. The public benefit is the advancement of the Christian religion in accordance with clause 4 of our constitution. ## **Funding** The charity is funded by its members who pay an annual subscription and through additional gifts from its members and supporters. ## **Financial Outcome** For the year ended 31 August 2023 there is net cash surplus of £19,317 (period from 4 November 2021 to 31 August 2022: £3,183). At the year end the balance in unrestricted funds was £69,515 with a further £24,858 held within restricted funds. The reserves policy is reassessed annually by the trustees and is to retain sufficient balance within unrestricted funds to close the charity, currently estimated to be £10,000. As at 31 August 2023, surplus reserves are held for future years to fund a new ministry post in the absence of grant income. It is currently policy to retain at least £2,000 within the Donald English Young Scholars Fund and to reduce the balance to that level over the next few years. David Hull Chairman 26 January 2024 2 **METHODIST EVANGELICALS TOGETHER** **Charity No. 1196407** ## **RECEIPTS & PAYMENTS ACCOUNTS for the year ended 31 August 2023** |**RECEIPTS**
Annual Subscriptions
Donations
Video production income (WHOTWAY)
Development Worker appeal
Director of Ministry appeal
Marriage & Human Relationships appeal
Rising Generation appeal
_Conferences:_
- Equipping for ministry
- Prayer conference
- Digging for Treasure
- Online conferences
Income tax refunds
Sales of literature
Interest Income
DEYSF Income
Donation from Methodist Evangelicals Together (Charity
number 298087)
_Sub total_
Asset & Investment sales
**_Total receipts_**|**Unrestricted**
**funds**
**Restricted**
**funds**
**Total funds**
**4 November**
**2021 to 31**
**August 2022**
**£**
**£**
**£**
**£**
24,626
24,626
21,423
17,901
17,901
15,876
35
35
1,075
12,807
12,807
105
0
3,210
700
700
400
0
0
5
7,243
7,243
7,918
185
185
791
0
85
8,064
2,427
10,491
6,575
844
844
1,388
2,049
2,049
246
105
105
12
0
71,874
60,912
16,074
76,986
130,983
0
60,912
16,074
76,986
130,983| |---|---| 3 |**PAYMENTS**
Administrative Expenses
Executive Expenses
Advertising and Publicity
Computer and Website Expenses
MET Connexion
Legal and Professional
Development Worker (Interim)
Costs of Employment
Marriage & Human Relationships Expenses
Tithe
AWE Expenses
_Conferences:_
- Equipping for ministry
- Prayer conference
- Digging for Treasure
- Liverpool 200
- Other conferences
Benevolent Expenditure
Items for Resale
Subscriptions and Donations
Bank charges and similar expenditure
Other
_Sub total_
Asset & Investment purchases
**_Total payments_**
**Net receipts/(payments)**
Transfers between funds
Cash funds last year end
**_Cash funds this year end_**|**Unrestricted**
**funds**
**Restricted**
**funds**
**Total funds**
**4 November**
**2021 to 31**
**August 2022**
**£**
**£**
**£**
**£**
14,962
14,962
8,517
6,188
6,188
1,971
2,532
2,532
1,348
2,210
86
2,296
1,367
10,886
10,886
7,315
99
99
21
4,319
49
4,368
14,288
952
952
0
0
14,690
6,100
6,100
0
80
80
1,434
0
0
37
37
119
6,853
6,853
78
813
813
0
0
3,830
0
46
0
150
548
548
34
280
280
204
345
345
199
330
330
316
57,534
135
57,669
55,927
0
57,534
135
57,669
55,927
**Unrestricted**
**funds**
**Restricted**
**funds**
**Total funds**
**4 November**
**2021 to 31**
**August 2022**
**£**
**£**
**£**
**£**
**3,378**
**15,939**
**19,317**
**75,056**
0
0
0
0
66,137
8,919
75,056
0
69,515
24,858
94,373
75,056| |---|---| 4 |**CASH FUNDS**|**Unrestricted**|**Restricted**|
**Total funds**|**At 31 August**| |---|---|---|---|---| ||**funds**|**funds**||**2022**| ||**£**|**£**|**£**|**£**| |Virgin Money (Clydesdale)|30,343|0|30,343|13,176| |Central Finance Board of the Methodist Church|39,172|21,730|60,902|58,857| |Donald English Young Scholars|0|3,128|3,128|3,023| |**Total cash funds**|69,515|24,858|94,373|75,056| |**STATEMENT OF ASSETS & LIABILITIES**||||| |**ADDITIONAL NOTES**||||| |**Liabilities**||||| |The charity has no commitments as at 31 August 2023.||||| |The charity had two employees for the period of these accounts.||||| |**Summary of movements on funds**|**Balance at**|**Income**|**Expenditure**|**Balance at**| |_Unrestricted & Designated Funds_|**31/8/22**|||**31/8/23**| |General Fund|64,816|60,912|57,534|68,194| |WHOTWAY Designated Fund|1,321|||1,321| |_Total Unrestricted & Designated Funds_|66,137|60,912|57,534|69,515| |_Restricted Funds_||||| |Development Worker Fund|0|49|49|0| |Marriage & Human Relationships Fund|1,000|||1,000| |Rising Generation Fund|4,791|850|86|5,555| |Director of Ministry Fund|105|15,070||15,175| |Donald English Young Scholars Fund|3,023|105||3,128| |_Total Restricted Funds_|8,919|16,074|135|24,858| |||||| |_Total Funds_|75,056|76,986|57,669|94,373| 5 ## **Independent examiner's report on the accounts** **Section A Independent Examiner’s Report** **Report to the trustees/** Methodist Evangelicals Together **members of On accounts for the year** 31 August 2023 **Charity no** 1196407 **ended (if any) Set out on pages** 3 to 5 I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 August 2020. **Responsibilities and** As the charity trustees of the Trust, you are responsible for the preparation **basis of report** of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. **Independent** I have completed my examination. I confirm that no material matters have **examiner's statement** come to my attention in connection with the examination which gives me cause to believe that in, any material respect: - accounting records were not kept in accordance 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 matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. **Date:** 4 April 2024 **Signed: Name:** Neil Harland **Relevant professional** FCA **qualification(s) or body (if any): Address:** 71 Farquhar Road Birmingham B15 2QP **October 2018** 1 **IER** 6 **Section B Disclosure** Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of any items that the examiner wishes to disclose** . **October 2018** 2 **IER** 7