## **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.. i*loq.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 a￿aJnts fix the year end￿1 31 knJust 2024 wwe wesented to the moatirs d th8 CtKrtI tru￿0•¥ 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 ￿ acC￿rrtS 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 Charit￿S 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 follo￿1 all applKable D￿lOn3 given by thè Chanty Cornrnissm￿ (f#Jer sed￿n 145(5Xb) ol the Acl. Nan• of Chwth Gr￿9• M•thodi8t Church cr￿11 No W14 Indwidont Examlnorf• Stat•m• Church's oross irt¢wne exceed8d £250,C(A) aThJ l am qualified to undwtake the ex￿1r￿tIon 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 C￿￿ctIon 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 accc*d wrth ￿O￿ti￿ records. Ihe accounts do not crynply wrth the applKabb requirwnents corKeming Ihe f¢)rm •N# corrtwrt of accounts s￿ ¢xrt w) tho Charrties (ACe￿nis and Rep￿8) 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 ex￿Inat￿n 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 Cl￿r&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 It￿U88r#I WITrJ8) at tho baionco SW dale. S￿￿ture of ThI8F￿d0rrt ex￿1n￿ ... ... N￿e ol I￿nd￿nI •xwninw Ru•••ll Long Rèlèvant wofeswnal qualffication ol indepwmknt eX￿l￿er FCA .................................... N￿8 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• y￿r •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 M￿￿*￿4 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 lor*vd IH37• 23.J77 IC*ts. fffe￿td Ipr EAttrn•l (>pnrt*tits 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 lth*Trin 40* i yw> 2U71 15 JM F1*41•11hTrC njn 2J.J77 127,7M 2WJ77 J77 S*n•O P¥*J49 Grn￿e Methodirt Church IRe8tstered Charlty No. I198￿12> Notes to aw>urrts for y••r •ndlr* 31st Au¥u5t 2024 51•teiY*nl of Auomrnonded Pr•¢i**150RPI •ppk•bknto chirlllu pr•p•ty th•Ir*eOLH￿ bn •¢¢•rd•nt• th• Awbortlr4Stvth *pp*•bkn * the UX4nd Awbk ol ltyl•Trd (FAS 1021 l•ff•EQknfrprn I GrIfi￿ Methodbt Churth th•dthth*gl• b•h•fft ontmyunder FRS 102. •hd l*l* •M ￿￿4•1￿ h¥tr*vk4 •riJ¥wrtkn ¥•kn wkns0then￿Ie￿t¢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 iNllwlwY*rt. 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•r11*5*xwJntkni •nd A•pMiry AWJ￿*￿s> wd*th• ol rnpl•rom•nt Aqul•tlk*nsip¥ itsSOAP 201$ IN•c£0￿￿¢t th Rq.814MdlolSl 2(¥J11629, th¢ch•rtty Irust•w hw• dep•rted fvorn t Incorne Intoth••trowts*th•fft ihorn •ndth••rnwvrt me•wv•lth •nt• Gr•vts Gr•Aty rn•d* ￿*th+ cl￿1￿ from Rs Ip￿& •r• fvlat th•lkn• olth• •y•eIr￿Trt to m•ke • roamnt ¢wer mornthon ye•r. the b•14nc*pay*bk kn I￿￿￿yea13 ￿trE•￿I M • lor lutur ¢Wmlknq￿ts iTrthe the •ppropth fvrbj, tho ftstyr*y••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¢•th*thwth 15nrtVATr*md, •1 knpu¢VAT t￿h thèéxpw*sto *+&h # f•lv•. 7•r4Jbl• lth*d w• Th•M •rn taph•l*•d N thty (an b• wedl•rrnornth* Oh•y•r. •nd •1 ÉSX*X). h•hJ forn•mMv ptsw. Detsih ol rn•i•rt•lfvfyd •rn dlKknwJ th n•t• 13 01 th•*•tuwnt Any fvnds may be rewe*nted by nw*tMn 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•Vry4vffj*n. ?J3.11 570.11 Don•tlons Churth Gw Fkn**r FuThJ domlkn 4J•.IS 1311XJ 6n.54 7￿).1$ L45Q49 1,712.r4 B•qu•sts Im•defA1th￿rt 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 $rn￿ Don•tlonsS¢hvM IGASD51 on *ftd 8.4%A4 8.65&33 HMRC. M.456.44 l655.33 P•f•S of9 Grange M•thodist Church (R¢¢lstered Charlty No. I19￿2) Notes to th• accounts for y•4r endlre 31st A4ust 2024 t Fund T•x re(l•lrned from HMRC ￿ th.IkJed &)nalK>nS ind thrwgh th*GfftAhl Sm•1 Don•UM>5thty￿ If￿50$} M •nonymousush •nd (wd 7.885.21 7A85.21 Amounts for both ywrs¥t knttttii from CFO Dep05rt Fun¢L Thlb Intrr*5t1s tre•tsd rextrlet•d skn¢* X Is W•dL￿nI* Intvmt hrthe bu￿￿1 r•d*••knpmtht prrhKL Colle¢ ecolpts frorn thur M•thodltt BInw￿ Fwdl 275LfJ 275.C#) Chuth Tn (F4*tr•d• Chuffhl InchM**•Chuffh *) io). 2.75th 2.X¢O) 7.fj992 1.699.28 3.IK17.26 5.7Cffj.54 Aep•ln & Ponew•ls J.5Q3. Repkncryrtht 011•￿￿1 h*•ltsry bollw Repl•¢om•ni of to LEO twtOh5 16.108.10 .77x14 411JYJ 4.186.93 Ekdrkitya G Wat•r R•ts• 4,33S.69 4.647.70 692AO J30.99 2.328.39 7.999.89 2.479.tYJ 7,9J2.13 P•D 7gf9 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& F￿1•*1 Fem It?+yDrdA & ml 2x1 3.111.55 2.512.73 ArctrAtetts Fe 35.569.ZO IOJ)20 J4.224.C#) Fundr•￿￿•￿p￿I L466. JJJ.95 Iso.(x¥ 12.311.95 7L2S9.61 VI￿•1*￿ of(hurth L•mb& 5*1ft C¢ffdfi•￿ on Fthy inh M•y2019. outlft •C￿r1•b*e lth th• f•qu*•n*Thtso1th• Vakn•tlM Stand** in the vJnvrt •dlllon ofth RICS Piof•sthlSt•Thd•rth "Red on the￿￿91M¥￿e1¥•knje. m4*le th ihe bulldlni ¢oubJ be ewpErted to •ffwt tt5 ¥1￿*. belond •dJustm•nts In the mor*er. Gher* th• nsto ur*dort*k4 rn•lc* buld*4 work htho r*t 1.2 th*trust•ty con&d•that p•vw¥ ftvrnll v•M*llon 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 •.$2•.51 4.67426 i￿.10 CoDperntr4* l•nk cornm￿￿¥ Fund IUrrtHirti•d. G•n•rnl Fw#ll h•nd IUfif•Slthtod ¢￿h fol G•nw•l Fu￿> C•th kn hand (Restr￿e4 fvndr•tsknicath rttetr4•J lorD￿l FWKII J•. 410.6KI.16 279.577 Uftrtstrkted iunth •it for the u* olthe tnmtoff In th•fvrth*•￿• olth• i•r*tr•l o¥o£tr•os olih•Churth. 383.84 458.20 383.84 4￿.20 £IYJ,(mh•s l)een *nt ty thuyfh rnofflknln Ih•teffi (* kntv•rftrn•Ig￿1YDdl1 loan aywmnts dry￿ by J*ckson Le•5 ar￿ by •nd on 21st I*y4embtr2023. Ai por wr••r•ph 1.1 in th• ¥rt*rnwts. th* D•ts on the Ji# D￿Mb￿r 2029. As per p•wr•ph 5.3 kn th• lo•n •y•Mn•nts.'kn th* ￿*￿t th•t •ny pirt •flh• LOM refft•kns r•n thv next Ilu￿￿e91 D•y fgl•*tr*the Rep•￿1 O•le. sh•tt IM￿d￿l￿ be coThvened ta 1811 fmm the lefiderto tht Irorn dat• th• L•nd•i sh*ll h*• r*ht to rnptym*tht of wxll part dth* Lo•h then Th• L•bthi •Apr*u>I *¢kno*th•t th14 rn•y them Pay9of9 RESERVES POUCY ol Gran e Methodl•t Church fchurth C•un¢i . IClr¢uit Il••ti G•n•rnl FU￿15 al y￿ 3111W2024 R•stri¢l•d Funds h•ld £44 Endo*Thnt Funds held R•••M• pdi¢y forQ•n•rnl Fund• Giv•n • g•n•r•l •yinditurn ofE60.963 for y•ar 202>24, •r• rJJThwty h¢)Idffjg owr . months, of ￿1•*￿￿*￿￿ ros•Tr•s, ()Jr pohcy Is to hold • miriwn ol thr•• mwths, ewival*rt ', £15,241. Th1.$ SI￿￿￿￿ bo sufficient gNen th•t most rnguL•r donatrcffls from memb¢rn 4rMJ •Jhergnls 15 recthN*d by sl*rAding ¢yO•r Ithid) continu& *) ￿ f•c•wd li •¥*nt ol a l•rrw•ry cas￿l￿)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• •nttipatf*g that •orn• of w• b• d••gn•t•d for in rnm•di•l •nd work tmjikling •r• io pro￿ad Ilh th1$. Th•s• reser¥es miy •lJo be requif•d * lund th• hinr¥J •rnl relu￿13r￿enI of •cax•nYn(¥Jth ¥thils1 Is p￿. S Poli for R•thlot•d Fund• W• eontinu• lo lundrni*• lof • m4or f•d•wloprnnl ol ow t￿lId1￿, I￿] ￿rn• il•m• of f•rndW 7Af•rk. As at 3110&2Q4. VA £442.993 fft reslncl*l funds lor thi¥ and approx £334.7(X) ptsdgod but n¢X yet r•LxN•d from ojr nxfflbershp, Soutrt Laktt M•thodJ3t CA￿11 arKI ¢Xh•r grnnt aYArth'n bodi•4. Having *)Wt t•nd•fS fttyn Cfjrrtr•￿Ws bawj on détai￿1 de￿On5 frcrfn our •rthrt•els, arKI I￿n9 n•c•sMry f•n*di•l lh• Ic4al PfOj•(a cost nmn from th• prnvi￿• ••tyTr•t• of apFWOX £gcK).coo to •r¢wnd £17 fftlion. Th• tru#l8•s •pwo¥*d gtyne fiJrth•r I￿0 ol th• tlhi •rthrt•cl to •xplor• oppoffjJn1l￿8 lor co* &M￿lfiC￿￿￿s. phastr￿ d the profva aThJ altematwe plan3 t*• tm *m of biwyno Ihe total cost ¢JMI lo lin attthnrt*lo n** 1arp•l Futher bc41 I￿<￿41•1ng ornftt •￿Il¢•t￿lI •r• n Fxo9r•M th• proJ•d li I￿15￿Ct to rngLA•r r*vth¥ by the Chufeh Counol. In th• furM4r•i•ing t•m•d ¢yJl •m￿a￿l chwch m•mb•rn (Lwvvnunty, il h•¥ b•m m•d• c4•tt th41 •houkl lh• pl•rrn1 proJ•a Th)1 qo ah•ad. th• rn$¢n￿l¢ 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 •PPli￿bIts. 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 F￿1 Pa￿ Pand Sorh•trJrn glh>li ,.Iz+