Trustees’ Annual Report for the period
From: 1 September 2023 To: 31 August 2024
Charity name: Grange Methodist Church
Charity registration number: 1198002
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The governing document is_The Constitutional_ Practice and Discipline of the Methodist Church _(CPD). See: _https://www.methodist.org.uk/for- churches/governance/cpd/ 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 |
We believe we are called to be a church where people of all ages and backgrounds are supported in: • loving and serving God; • loving and serving our neighbours, both local and global • growing and sharing faith We offer Methodist Christian worship, fellowship, service of our community and outreach, in Grange-over-Sands, Cumbria and beyond. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | This guidance has been provided to the trustees. |
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference Policy on grant making Para 1.38
Policy on social investment Para 1.38 including program related investment Contribution made by Para 1.38 volunteers 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 | Main achievements of 2023-4: • In June we celebrated our 150th Anniversary with events showcasing the work of community groups connected with the church and those who regularly use our premises. • “Journey to Jerusalem” (Lent 2023) exhibition took place in the church, attracting many visitors including local residents, schools and visitors to Grange. These were great outreach opportunities, introducing people to the Christian story and also encouraging them to think about their own attitudes and beliefs. • In July, we organised and hosted General Election hustings for the community which were very well attended and appreciated. This event was also livestreamed on YouTube for those who could not attend in person. • Our weekly community coffee morning is attended by a wide range of local people, many of whom live alone. We are recognised by other community groups as a valuable forum for meeting with the local community. • Monthly Repair Cafe continued, staffed by volunteers from the church, Peninsula Environmental Action Together (PEAT) and the Grange Shed. Its aims are to stop broken items being sent to landfill, to teach repair skills and to provide a welcoming space to meet friends whilst items are being repaired. Repair Café formally became an internal organisation of the church, managed by a committee with representatives from the above organisations. • The church notice boards continue to be |
an important communication channel. Because of the church’s location on a main shopping street they are frequently read by passers by. • The Church Council approved a budget for charitable giving of £2,750, shared between Methodist charitable funds, affiliated charities and local ecumenical groups. Collections were also made for other charitable organisations, including Christian Aid, Action for Children and All We Can, raising £3601.54. Regular donations of food and toiletries were collected for the Barrow Foodbank. • Fundraising continued for the church’s “Open for Community” building redevelopment project, reaching our fundraising target in June and going out to tender in July. • Church-run Baby Group has continued weekly, including during school holidays. People move on as they go back to work, but our provision is very much appreciated and we do get return visits when mums are free again. The group are very supportive of one other and exchange local, practical advice. We have also seen an increasing trend for the grandparent generation being responsible for childcare and attending Baby Group. • Working with the Churches Together Youth Trust, we helped start a fortnightly youth group for school years 7 and 8. Members of our church are regular volunteer leaders at the group. Two of our members are also trustees on the Youth Trust which works in local schools as well as after school groups. • Grange Methodist Church has provided leadership to Cartmel Peninsula Churches Together, continuing to lead provision of worship in local care homes, which is much appreciated. • Safeguarding and EDI training has been undertaken by those with positions of responsibility in the church. We regard it as a key responsibility of the church to treat everybody fairly and with respect.
Additional information (optional) You may choose to include further statements where relevant about: Achievements against Para 1.41 objectives set Performance of fundraising Para 1.41 activities against objectives set
Investment performance Para 1.41 against objectives Other
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | See attached Statement of Financial Activities and Balance Sheet for the year ending 31stAugust 2024. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | See attached Reserves Policy. |
| Amount of reserves held | Para 1.22 | General Funds - £37,687 Restricted Funds-£442,993 |
| Reasons for holding zero reserves |
Para 1.22 | N/A |
| Details of fund materially in deficit |
Para 1.24 | N/A |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | N/A |
Additional information (optional)
You may choose to include further statements where relevant about:
The charity’s principal Para 1.47 sources of funds (including any fundraising) Investment policy and Para 1.46 objectives including any social investment policy adopted A description of the principal Para 1.46 risks facing the charity 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 | The 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 |
Para 1.25 | Trustees are appointed by the Church Council according to standard Methodist procedures. The only Trustees not appointed in this way are the Chair (the Minister) and the Circuit Superintendent minister, who are |
appointed by the Conference of the Methodist Church, and one Circuit Steward, who is selected by the Circuit.
to appoint one or more trustees
Additional information (optional)
| Additional information (optional) | Additional information (optional) | Additional information (optional) | |
|---|---|---|---|
| You may choose to include further statements where relevant about: | |||
| Policies and procedures | Para 1.51 | ||
| adopted for the induction and | |||
| training of trustees | |||
| The charity’s organisational | Para 1.51 | Grange Methodist Church is an independent | |
| structure and any wider | charity but is part of the South Lakes Circuit | ||
| network with which the | of the Methodist Church within the Methodist | ||
| charity works | Church of Britain Connexion. | ||
| Relationship with any related | Para 1.51 | ||
| parties | |||
| Other | |||
| Reference and Administrative details | |||
| Charity name | Grange Methodist Church | ||
| Other name the charity uses | Not applicable. | ||
| Registered charity number | 1198002 | ||
| Charity’s principal address | Grange Methodist Church | ||
| Kents Bank Road | |||
| GRANGE-OVER-SANDS | |||
| LA11 7EY |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 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 Joanna Ruth Rand | Chair | Methodist Conference | ||
| Rev Grace Cauldwell | Circuit Superintendent | Methodist Conference | ||
| Andrew Robert Lockley | Trustee | Church Council | ||
| Ursula Katharine Lockley | Trustee | Church Council | ||
| Rev Susan Margaret Nicol | Trustee | Church Council | ||
| Rev David William Edmondson |
Trustee | Church Council | ||
| Hazel MaryEdmondson | Trustee | Church Council | ||
| Peter John McPherson Nicol | Trustee | Church Council | ||
| Gillian Mary de Bourcier | Trustee | Circuit Meeting (South Lakes Methodist Circuit) |
||
| Ruth Marion Briddock | Trustee | Church Council | ||
| Barbara Leader | Trustee | Church Council | ||
| Ruth Webster | Trustee | Church Council | ||
| Hilda Margaret Alice Gardner | Trustee | Church Council | ||
| Carol Lamb | Trustee | Church Council | ||
| Paul Rand | Trustee | Church Council | ||
| Glenda Clark | Trustee | Church Council | ||
| Judith MarySharples | Trustee | Church Council | ||
| Janet Upton | Trustee | from 16/06/24 |
Church Council | |
– 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 Methodist Church Purposes | ||
Funds held as custodian trustees on behalf of others
Description of the assets 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 approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signature(s) Full name(s) Position (e.g. Secretary, Chair, etc) Date |
Joanna Ruth Rand Hazel Mary Edmondson Chair Secretary |
|---|---|
Name d Church Grang• Methodlm Church Cirojrt No 9114 Declarations and Scrutiny I confrm that the accruals-based aco)Jlts for the year to 31 W 2024 have t)8en wepared from tt reccfds d the Church •KI that thay ndude all fuTrJs the cryitrol of ts Chwth tnjstees. Signature of tr•asurer ...... .. Dat8.. iloq.13.ULfr,. Name and a(klr8ss ol treasw. Paul Rar#J, Grango MeltKxlMt Chwch, Konts Bank Road. Grnng•ther.Sand8. LA117EY Pr••ntstlon to th• Church trn•t••• I conftym th rq>wt aaJnts fix the year end1 31 knJust 2024 wwe wesented to the moatirs d th8 CtKrtI tru0•¥ h•ld October 2024. oflhe Charoftho meetsng.. ........................... Nam• of ts Chair of th• meetir¥'. Rev Joanna Rand Indopand8nt Exarnlnerf8 Report to th• Tru•t••s oftho Grang• M•thodl8t Church Ch•rlty Nun>•r 1198002 Rewslbllltlm and b••l• (rf r•port I rewt to tru8t888 on my •x*ninatK)n of acCrrtS crf Mothodist Chjrth for the yw 8nd8d 31 August 2024 set txrt on pag88 1 to 9. As the Church's trustées. yiMJ are responsible for the preparation of the acc¢xrt3 in acc(YdwK• wrth trxl rtyuwwnents of the CharitS Act 2011 ('the Acl,). I report n respect of my examination ol the Church's accwits wried (Lrt sectK)n 145 of the Act arvj. in carryiro oJt my examinatKn. I have follo1 all applKable DlOn3 given by thè Chanty Cornrnissm (f#Jer sedn 145(5Xb) ol the Acl.
Nan• of Chwth Gr9• M•thodi8t Church cr11 No W14 Indwidont Examlnorf• Stat•m• Church's oross irt¢wne exceed8d £250,C(A) aThJ l am qualified to undwtake the ex1rtIon by b8iThJ 8 qualrfied membw of Tha Instrtute of Chartwed A¢ccyJrrtants In England and Walès. I have completed my examnation. I c(rfimi Ihat rn maienal rnatt6Ys have come10 my att&ition m CctIon with the examina1M gNe me cause to belkgve Illat n, any material respect., the a(Ant1 records wore not kept n accordance wrth sectiC•n 130 of Aci.. or the accounts do rK)t acccd wrth Oti records. Ihe accounts do not crynply wrth the applKabb requirwnents corKeming Ihe f¢)rm •N# corrtwrt of accounts s ¢xrt w) tho Charrties (ACenis and Rep8) Rwjlations 2(K)8 Other th8n 8ry roquirayiont that tho accounts give g fairf vithv. whth ig rxjt a mottor ccthidw•d as part of an independent exInatn th8 trustees, annual report is rnt wrth ts accax I havo no (xKKems have c¢xne ams no other matter3 n umnection wrth ihe examination to whith attention gtK)ukd t drawn in Ihis rew In order lo enabb a propw urwjwstanding of the •ccount8 to b• roac*bod I have ottsrnd iThknrMdont vwffication of all invostments with tha TfUgt889 fly Methodist Clr&I Purpos or held n other trust8, bank balancfj8 and fund8 at tlK C•ntral Financ• Board of tho Metho¢Jist Clxjrch whicti we iThJfvwknlly In excess of £10.(XX) (ten ItU88r#I WITrJ8) at tho baionco SW dale. Sture of ThI8Fd0rrt ex1n ... ... Ne ol IndnI •xwninw Ru•••ll Long Rèlèvant wofeswnal qualffication ol indepwmknt eXler FCA .................................... N8 offffm (whwa NIA..................................................................... Matt Kiln House, 9 Town E. Bott¢M b Sarth. Camfth, LA5 8JF Data
Narn ol Church CWN stst•m8nt of Financl•l A¢tlvlll•s1SOFA) lor th• y•ar •nd•d 31 Augu812024 IOU41 Inco 3 (Jftwl 14.278 Xfj ?44 230.V2 Exp•ndllurn 4)J•O 2.710 4117 J74 io 18 17 Totrl chwthbl• •xp•ndkn 24 T•t¥ *137• a377 iwtIM5 IsaDQV
Namo of Ctturrli CrvJr¢ No 9114 Stat•m•nt of Flnan¢lal ActIvlll (SOFA) for th• yr •nded 31 August 2023 Fund% 20214) 37A7• 1,712 xji) 7.719 7,71• In•wn•l 139.041 251,08• Exp•ndlturn 10 Qrnnts 11 Prowty M4 12 InwJrwK• 11¢ 13 O•w•orte 5.707 10.1CIJ 21A15 15 11J19 •17 15 •pwrfJbJr• 10 Inl•rnd orpr•thY• 10 20 Pl•t 21 Tiv4th7 fufythb &•70 11Q11S 21 I,11$ 81.99) 242.0 1M106 .715 24 TO1 funds brwt lorvd IH37• 23.J77 ICts. fffetd Ipr EAttrn•l (>pnrttits M•¢ to Ext•rn* 3,YlO.?I 3 710.71 Pw2019
Balane• Sh••t ag at 31 Augu•t 2024 T•W• 17 12 lJ.YOI 2)J77 475OJl t) J7Y lthTrin 40 i yw> 2U71 15 JM F141•11hTrC njn 2J.J77 127,7M 2WJ77 J77 Sn•O P¥*J49
Grne Methodirt Church IRe8tstered Charlty No. I19812> Notes to aw>urrts for y••r •ndlr 31st Au¥u5t 2024 51•teiYnl of Auomrnonded Pr•¢i150RPI •ppk•bknto chirlllu pr•p•ty th•IreOLH bn •¢¢•rd•nt• th• Awbortlr4Stvth pp•bkn * the UX4nd Awbk ol ltyl•Trd (FAS 1021 l•ff•EQknfrprn I GrIfi Methodbt Churth th•dththgl• b•h•fft ontmyunder FRS 102. •hd ll •M 4•1 h¥trvk4 •riJ¥wrtkn ¥•kn wkns0thenIet¢0 kn ¢htrnloY•nt•ttDundr¥ rn4 v•K•t the end olthe ye•r. The •tuu•k b•s11 h•sb••n •nd •¢¢•untsth•t show the ire b•an experkKt. rne•rth iNllwlwYrt. The K(0unts•Tr•¥pr•m kn £Steth¥. Thw •t¢Tr •r• ¢ornpknt FAS102 •v4 the Fft5102 SOAP 1015. Th• h•¥¢ b•th) In •tt¢d•nc•ith •ppk•blt th•rlfy l•w th& th•Chbrft Art 2011 and SIZ¢fK11629 ICh•r115xwJntkni •nd A•pMiry AWJs> wdth• ol rnpl•rom•nt Aqul•tlknsip¥ itsSOAP 201$ IN•c£0¢t th Rq.814MdlolSl 2(¥J11629, th¢ch•rtty Irust•w hw• dep•rted fvorn t Incorne Intoth••trowtsth•fft ihorn •ndth••rnwvrt me•wv•lth •nt• Gr•vts Gr•Aty rn•d th+ cl1 from Rs Ip& •r• fvlat th•lkn• olth• •y•eIrTrt to m•ke • roamnt ¢wer mornthon ye•r. the b•14ncpaybk kn Iyea13 trE•I M • lor lutur ¢Wmlknqts iTrthe the •ppropth fvrbj, tho ftstyry••rs In Pa8•4of9
Graw Methodist Churth {Re8i5tered Ch•rity No. 1198(A)2) Notes to the accounts for yoar •ndirvA 31st Auiust 2024 Sln¢•ththwth 15nrtVATrmd, •1 knpu¢VAT th thèéxpwsto +&h # f•lv•. 7•r4Jbl• lthd w• Th•M •rn taph•l•d N thty (an b• wedl•rrnornth Oh•y•r. •nd •1 ÉSXX). h•hJ forn•mMv ptsw. Detsih ol rn•i•rt•lfvfyd •rn dlKknwJ th n•t• 13 01 th••tuwnt Any fvnds may be rewented by nwtMn lu# c•th. XIL fxiwionfvorn • ¢•ththw Th¢ch•lty opied to •dc¥>t 2 Fthwy2010 •ftd hwethwrfDrenrt knthd•d • ¢•th lknwststoment kn tho•lln•fid•l %tst•rnwrt Rryul•r olhdr•f•r th•thirth th• ollw¥pknte ty ¢•sh Ind by ¢4vd M ¢hwth wrylcw ¥ C¢£Th don•Vry4vffjn. ?J3.11 570.11 Don•tlons Churth Gw Fknr FuThJ domlkn 4J•.IS 1311XJ 6n.54 7).1$ L45Q49 1,712.r4 B•qu•sts Im•defA1thrt rertthil 20.6$ Fund 3.24 J7.079A? 274.so 2-23 33.312.9J 37.354.32 JJJl2.93 l Fund T•x frorn HMRC on ¢fft.•lded Ind thrw the G Akl $rn Don•tlonsS¢hvM IGASD51 on *ftd 8.4%A4 8.65&33 HMRC. M.456.44 l655.33 P•f•S of9
Grange M•thodist Church (R¢¢lstered Charlty No. I192) Notes to th• accounts for y•4r endlre 31st A4ust 2024 t Fund T•x re(l•lrned from HMRC th.IkJed &)nalK>nS ind thrwgh thGfftAhl Sm•1 Don•UM>5thty If50$} M •nonymousush •nd (wd 7.885.21 7A85.21 Amounts for both ywrs¥t knttttii from CFO Dep05rt Fun¢L Thlb Intrr5t1s tre•tsd rextrlet•d skn¢ X Is W•dLnI Intvmt hrthe bu1 r•d••knpmtht prrhKL Colle¢ ecolpts frorn thur<h E¥•ntsle.& ATrnT Otyl 3. 3.111.70 21J.65 10.$46.71 .iUA I,rxL).LK) R•¢•¢pt5froffl W•Odthp & Fun4Y• 14.271A4 14.644L6 IqiiU2 7,)9.55 2,672.11 129,159.tXI Lhled PIKU of Grnnts VAT p•ld on rnW¥y Gr4ntst¢)•wdi 56,132JAJ 216.24J.62 139.640.73 C4hdiiiNrf. ZIK plrtl. m•y n•qd io b• M¥rn•d notspenl by M•¥ 202% £5,Qtyfrorn Ihe 51rA)hn Thbwnt mty h•ed 10 b• Wthetotsllunth for th• pvol•rt r• fiol r•fjs•d May 2025. É4.600fr0rn th• Hwrt•r Row•TnJs dr• f••5 ik¥•dypJ. HMT, thhir•nt rn•y need to be feturned ff the JeIpent do•s r80 th•d. fmrn the Tiut formethodtst Chwrh Pwpoms ITMCPI. down 41•kn5t dEs¥n foes a thw•lorn UI46tyJT•thh ojuld b•rW from th ro#ria•d fvThlstwYtnttyhokJ. P•8e6of9
Gr•w Methodlst Church {Re8lstered Charity No. 1198002)
Not•$ to th• accounts foryear •ndir¥ 31st Awurt 2024
2-23
tht Supp Ol I tI•K¢
350JX)
35Q.O)
?75.CXI
275.IXI
275.0)
175.rxi
Th• FuThdlor Prop•
Th• Fund lorTr4ln
275.cil
I75.>
M•thodltt BInw Fwdl
275LfJ
275.C#)
Chuth T
Grange Methodtst Church (Rrflstered Ch•rlty No. 1198002) Notes to the accojnts for year •ndiryt 31st Auwst 2024 2023.24 124.15 220I15 261.16 344.21 602.15 29AI 15.24 1&24 i. 556J9 124.2S Atyiir C•fé Pwth• 41735 6n.$2 J21.12 Toast Clwr(h IfwTrW•s& Tffjjurf pwpl•'i •cth#sl Flo A Pl•nts 19&( 239. 20&50 W•ddrrf& F1•1 Fem It?+yDrdA & ml 2x1 3.111.55 2.512.73 ArctrAtetts Fe 35.569.ZO IOJ)20 J4.224.C#) Fundr••pI L466. JJJ.95 Iso.(x¥ 12.311.95 7L2S9.61 VI•1 of(hurth L•mb& 51ft C¢ffdfi• on Fthy inh M•y2019. outlft •Cr1•be lth th• f•qu•nThtso1th• Vakn•tlM Stand in the vJnvrt •dlllon ofth RICS Piof•sthlSt•Thd•rth "Red on the91M¥e1¥•knje. m4le th ihe bulldlni ¢oubJ be ewpErted to •ffwt tt5 ¥1. belond •dJustm•nts In the morer. Gher th• nsto urdortk4 rn•lc buld4 work htho rt 1.2 thtrust•ty con&d•that p•vw¥ ftvrnll v•Mllon 01 E175.(XX)InwTh 2019 15 (amul frrnrdlor ¥y. Pw8of9
Gran8• Methodlst Church (Re8tster¢d Charlty No. I1981) Not•s to Jccounts for y•ar •ndiry 31st Auiust 2024 HMRC Gift Ahj i(Uld 1,037.iYJ 3.342.1• 9.kn( 1.217.72 15,079.91 Otherpw•yrnents I,fjZ7 4 14.nJ.38 2-23 621.85 HMRCGrtA•J attru¢d 2284.02 2284.02 621.85 Curr•fft C•sh •t C•ntr•l FIMft• lwd •nd In h•ft• CF8 L)•po•t Sund ¢Aotht•d •rn#uht kn O•v•knwTh•nt Fundl 442,954.29 241.44J.8S 23.377.10 lJ.192.•• 1.52121 23.377.10 •.$2•.51 4.67426 i.10 CoDperntr4 l•nk cornm¥ Fund IUrrtHirti•d. G•n•rnl Fw#ll h•nd IUfif•Slthtod ¢h fol G•nw•l Fu> C•th kn hand (Restre4 fvndr•tsknicath rttetr4•J lorDl FWKII J•. 410.6KI.16 279.577 Uftrtstrkted iunth •it for the u olthe tnmtoff In th•fvrth•• olth• i•rtr•l o¥o£tr•os olih•Churth. 383.84 458.20 383.84 4.20 £IYJ,(mh•s l)een nt ty thuyfh rnofflknln Ih•teffi ( kntv•rftrn•Ig1YDdl1 loan aywmnts dry by Jckson Le•5 ar by •nd on 21st Iy4embtr2023. Ai por wr••r•ph 1.1 in th• ¥rtrnwts. th D•ts on the Ji# DMbr 2029. As per p•wr•ph 5.3 kn th• lo•n •y•Mn•nts.'kn th t th•t •ny pirt •flh• LOM refft•kns r•n thv next Ilue91 D•y fgl•trthe Rep•1 O•le. sh•tt IMdl be coThvened ta 1811 fmm the lefiderto tht Irorn dat• th• L•nd•i shll h• rht to rnptymtht of wxll part dth Lo•h then Th• L•bthi •Apru>I ¢knoth•t th14 rn•y them Pay9of9
RESERVES POUCY ol Gran e Methodl•t Church fchurth C•un¢i . IClr¢uit Il••ti G•n•rnl FU15 al y 3111W2024 R•stri¢l•d Funds h•ld £44 EndoThnt Funds held R•••M• pdi¢y forQ•n•rnl Fund• Giv•n • g•n•r•l •yinditurn ofE60.963 for y•ar 202>24, •r• rJJThwty h¢)Idffjg owr . months, of 1• ros•Tr•s, ()Jr pohcy Is to hold • miriwn ol thr•• mwths, ewivalrt ', £15,241. Th1.$ SI bo sufficient gNen th•t most rnguL•r donatrcffls from memb¢rn 4rMJ •Jhergnls 15 recthNd by slrAding ¢yO•r Ithid) continu& ) f•c•wd li •¥nt ol a l•rrw•ry casl)n ol churth •afvrti•i, thJ• lo •wnt8 as arKJth•r Wé ar• Tranty hohykng Onto • h•r bv•l ol unr••lnca•d f•WW• •nttipatfg that •orn• of w• b• d••gn•t•d for in rnm•di•l •nd work tmjikling •r• io proad Ilh th1$. Th•s• reser¥es miy •lJo be requif•d * lund th• hinr¥J •rnl relu13renI of •cax•nYn(¥Jth ¥thils1 Is p. S Poli for R•thlot•d Fund• W• eontinu• lo lundrni• lof • m4or f•d•wloprnnl ol ow tlId1, I] rn• il•m• of f•rndW 7Af•rk. As at 3110&2Q4. VA £442.993 fft reslncll funds lor thi¥ and approx £334.7(X) ptsdgod but n¢X yet r•LxN•d from ojr nxfflbershp, Soutrt Laktt M•thodJ3t CA11 arKI ¢Xh•r grnnt aYArth'n bodi•4. Having )Wt t•nd•fS fttyn Cfjrrtr•Ws bawj on détai1 deOn5 frcrfn our •rthrt•els, arKI In9 n•c•sMry f•ndi•l lh• Ic4al PfOj•(a cost nmn from th• prnvi• ••tyTr•t• of apFWOX £gcK).coo to •r¢wnd £17 fftlion. Th• tru#l8•s •pwo¥d gtyne fiJrth•r I0 ol th• tlhi •rthrt•cl to •xplor• oppoffjJn1l8 lor co &MlfiCs. phastr d the profva aThJ altematwe plan3 t• tm m of biwyno Ihe total cost ¢JMI lo lin attthnrtlo n 1arp•l Futher bc41 I<41•1ng ornftt •Il¢•tlI •r• n Fxo9r•M th• proJ•d li I15Ct to rngLA•r rvth¥ by the Chufeh Counol. In th• furM4r•i•ing t•m•d ¢yJl •mal chwch m•mb•rn (Lwvvnunty, il h•¥ b•m m•d• c4•tt th41 •houkl lh• pl•rrn1 proJ•a Th)1 qo ah•ad. th• rn$¢nl¢ funds rnoed MAY be us¢d K> c•rry out r•novaikns arKI Improimrnnts • make our buikjiry fft for rts oroors ug•. Hmwir. in th Jthb'on, ol th• grnnts rnc•i¥•d M•d * b• f•11. T•rnis rnl&tln Ngl •PPlibIts. Thls Resor¥es Poky bfj •¢¥Yo¥•d ty rchurth ' c¥11 M••try IDiAtri Trn•wrw Ilrom 8eothrt)er2024) Full n•ff l(•lih Up Truth• (Tmsurnr up * Auwjl 20241 F1 Pa Pand Sorh•trJrn glh>li ,.Iz+