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2024-08-31-accounts

METHODIST EVANGELICALS TOGETHER Charity No. 1196407

REPORT for the year ended 31 August 2024

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 - Chair and Trustee (until 17 November 2024)

Rev Gareth Higgs – Trustee

Mrs Elizabeth Miller - Trustee

Rev Chris Briggs – Trustee (Chair from 16 November 2024)

The Executive Committee (which includes the Trustees) has met twice, in October 2023 and May 2024 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 27 May 2024.

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:

The AGM was the point at which MET adopted MET:Revive as its operating name. The name MET:Revive was the culmination of months of consultation to establish a new Fresh Focus for MET with a clear emphasis on Biblical Revelation; Biblical Renewal and Biblical Revival. A rebranding exercise has been undertaken this spring with the recent launch of RE:VIVE magazine, a new brochure, banners, logo and revamp of the website.

MET employs a part time Administrator, Mrs Marian Izzard.

The charity produces a magazine, RE:VIVE (formerly known as MET Connexion), three times a year. Mrs Izzard is also the Editor of the magazine, a paid role separate from her administrative duties. MET:Revive organises annual conferences including: The REVIVE Gathering (a weekend focussing on worship, prayer and renewal) and Digging

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for Treasure (a day’s teaching on expository preaching) and online Bible teaching days. Various books and Bible study guides are produced for sale

The website is kept up-to-date at metrevive.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 2024 there is net cash surplus of £5,768 (year ended to 31 August 2023: £19,317). At the year end the balance in unrestricted funds was £71,874 with a further £28,267 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 2024, 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. The availability of this fund and the remit of it will be drawn to the attention of the MET constituency.

Rising Generation fund - the trustees will explore how this could be used to support young people in the growth of their faith.

Director of Ministry fund – monies in this fund will be transferred as permitted by the donors to the Ambassador Role.

Marriage & Human Relationships fund – it is envisaged that monies held in this fund will be used in resourcing the work of MET:Revive in the year ahead as well as seeking opportunities to resource teaching for young people.

Chris Briggs

Chair

Date: 1 May 2025

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Charity No. 1196407

METHODIST EVANGELICALS TOGETHER

RECEIPTS & PAYMENTS ACCOUNTS for the year ended 31 August 2024

RECEIPTS
Annual Subscriptions
Donations
Ambassador appeal
Development Worker appeal
Director of Ministry appeal
Rising Generation appeal
Conferences:
- Equipping for ministry
- Prayer conference
- Digging for Treasure
- Online conferences
Income tax refunds
Sales of literature
Advertising income
Interest Income
DEYSF Income
Sub total
Asset & Investment sales
Total receipts
Unrestricted
funds
Restricted
funds
Total funds
Year ended
31 August
2023
£
£
£
£
23,436
23,436
24,626
17,697
17,697
17,901
150
150
0
0
0
35
1,660
1,660
12,807
750
750
700
0
0
8,997
8,997
7,243
140
140
185
810
810
0
6,981
685
7,666
10,491
838
838
844
1,000
1,000
0
3,527
3,527
2,049
164
164
105
63,426
3,409
66,835
76,986
0
63,426
3,409
66,835
76,986

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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
- Other conferences
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
Year ended
31 August
2023
£
£
£
£
15,460
15,460
14,962
3,665
3,665
6,188
5,154
5,154
2,532
2,380
2,380
2,296
12,613
12,613
10,886
0
0
99
0
0
4,368
0
0
952
0
0
0
7,300
7,300
6,100
1,349
1,349
80
0
0
37
11,079
11,079
6,853
55
55
813
924
924
0
23
23
548
280
280
280
453
453
345
332
332
330
61,067
0
61,067
57,669
0
61,067
0
61,067
57,669
Unrestricted
funds
Restricted
funds
Total funds
Year ended
31 August
2023
£
£
£
£
2,359
3,409
5,768
19,317
0
0
0
0
69,515
24,858
94,373
75,056
71,874
28,267
100,141
94,373

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CASH FUNDS Unrestricted Restricted
**Total funds **
At 31 August
funds funds 2023
£ £ £ £
Virgin Money (Clydesdale) 13,324 0 13,324 30,343
Central Finance Board of the Methodist Church 58,550 24,975 83,525 60,902
Donald English Young Scholars 0 3,292 3,292 3,128
Total cash funds 71,874 28,267 100,141 94,373
STATEMENT OF ASSETS & LIABILITIES
ADDITIONAL NOTES
Liabilities
The charity has no commitments as at 31 August 2024.
The charity had one employee for the period of these accounts.
Summary of movements on funds Balance at Income Expenditure Transfers
Balance at
Unrestricted & Designated Funds 31/8/23 between
funds

31/8/24
General Fund 68,194 63,426 61,067 1,321 71,874
WHOTWAY Designated Fund 1,321 -1,321 0
Total Unrestricted & Designated Funds 69,515 63,426 61,067 71,874
Restricted Funds
Ambassador Fund 0 187 187
Marriage & Human Relationships Fund 1,000 1,000
Rising Generation Fund 5,555 938 6,493
Director of Ministry Fund 15,175 2,120 17,295
Donald English Young Scholars Fund 3,128 164 3,292
Total Restricted Funds 24,858 3,409 0 0 28,267
Total Funds 94,373 66,835 61,067 0 100,141

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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 2024 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 examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

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.

Signed: Name: Neil Harland Relevant professional FCA qualification(s) or body (if any):

Date: 17 February 2025

Address: 71 Farquhar Road Birmingham B15 2QP

October 2018

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IER

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

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IER