2025-08-31-accounts

CIKIRCH RECEIPTS AND PAYMENTS ACCOUNTS THE MEfHODIST CHURCH STANDARD FORM OF ACCOUNTS Iiwon Open Door Chw¢h FOR THE YEAR ENDED 31 August 2025 West Durham 1312 R¢gl•l•r¢d Chwlty. Ch•rfty numb•r 11 • rngi8knJ ¢wity H• M•i•W• R•¥wu• 1203431 (rho HMRC numb•r Is w￿¥?1•ni to a r•9s8d chadiy wmbw in ierms of of thortsble Staus •MI may be used to gNe to dor)(￿ ￿ ￿)1 funds w￿ng to of ty93ni52btyt'S exrAO•d w**ion undv Sl•tsJttry 2014 N&242} Revuend Bruce Sawyef Veronica Rowe E¥izA6£f ¥ frtotipsohl Pwl Gollght 1rf5

13894 3894 854 2962 0496 784 7217 30496 TOTAL RECEPTS l•T)

1 PAYIAÉPITS 21278 1278 0655 , he&tr & i9￿r￿J) 0692 )7 4600 120177 24778 2363 TOTAL PAYIIENTS {bO1 3347S 79304 4171 605 YL%iii Syb 10141 TOTAL FUP4>S AT E14Y) 101613 3467 2116 J1 474 474 STU To ae P*L• of5

179183 65012 41n 117 79183 65012 4171 22117 6288 •e¢TX• V l•121

Declarations and Scrutiny LQN) Li hy eThJed 31 W 202S yet ¢XA cffi po9es ... 2011 (the 14515Xtsj ¢y

No............. Churth Puryx%os or hdd in othw trusts. bank bakarw and f￿d8 at tha c￿1r•I Flnar¢e Board 1he MeltrKJdist ctWfch tAthith we in exce$8 cl £10.0(KI (t￿ Il¥M¥MI p(xAxts) at th• Dats ..ia.l.PJ.l.lQ.lG......--.-........-... 5dS

WILLINGTON OPEN DOOR MEfHODIST CHURCH TRUSTEES ANNUAL REPORT CHARITY REGISTRATION NUMBER 1203431 FINANCIAL REVIEW 2024125 Mission Ststement to express as fvlty 88 pO￿lb18 of Chrht ￿ all. Ilwh the kle 2024125 Financial Revlew chaiity MlirvJton Open DCKK Methcxdtst Churct Lrtilws 118 fvr¥Js wi iodist Churd) organMts)rL V￿lin the chwch alBo irKIth all grant KKome aThJ expendrture assctiat&S with the Our Confiderrt Communty Prqect Ithich is a c£Thnunty The financjal 8ccA￿rrts for 2024r25 detail all fvnd8 held ￿ overseen by the of the y￿lI￿gtOn Open Meltr#>Ji8t Churth ch￿lty. The Re8erve8 Policy rnktes to tr gerrnl (unrestrthd) ftmds which are freety available to be used ftx ary of the purposes of the Church. Restrtted Funds hekl in the gener￿ acttmjnt a￿ spe¢JfKally earmar￿ for the Our Conf#Jent C(xnmunty Pro Other fvnd3 indudirwJ moni6$ h•ld at the Central Finan¢ Board 85 part of the 98nwal funds total are also Ir￿1￿ for darty and owne88 arm lo that Ihe Churth has a polity for ts m8nJ8mort of *1 its re60ur(x not swnply (1) To rlecure arml sustain trt Churth's vi8tAty arKI futwe: (2) To give reassl1ran￿ to the general public that the Church, vthich is a Tity. intends to use all of mow ￿￿ning into its care for the {3) To enstKe all fvrrtts with thg OUT confi￿ c(￿WnrtY

Church Financial Pollcy Essentially provMJes for. meth￿Jtst Churd) and its t￿￿dIr¥a. b) Tr support of ￿ Our Confijent C(xnmunty Project Financial Manag&ment cx6ts ir￿1￿lIng the c031s of (a) lo (c) above and ts rwuirement to fuffil fubJrg Staffing resoufces available in tenns of people, prc4)ety aThJ The Church Fund (General Account) Tf totsl wr￿unt in Church Fund G￿￿ra1 A(KcKJnt at th2 end of the year was £136,228. This In￿￿eS £84.479 Tr￿1d in the Methodist Churth Central Finance Board Acc<xJnt. t)uring ts y￿r in to 9enefal church rovenue and exP￿￿rtUre. £1 fyJ.873 Wds r￿eNed in 8UPWt of the Open Docx Our CMfMSent Cornmunrty Pr¢￿ armj £120,177 was expen￿1 largoly fx) t￿p and initiatsves. Churc and PTWL Approximatety £8,W was sP￿t ￿ buildiNJ F¢Y example. ¢sarges have Kvxea6ed by c. £2.(X)O p.a. in the last financial seW of the Chur¢h. s￿h as.. Lookir¥J into a sm8118dmin fee to cover food prcpd ovtht￿; RevI￿￿d rentsl rtharges ts all filty users," F¥wYitsa1K￿ of buikying maintenarK* requiren￿lts.

During yoar total inco¥ne ￿￿1ved was £179,183 and tdal exp￿dilure was £165.012. Year lo date income has exceeded eXp￿￿ltUre by £14,171. ile this is kx)srtive. it is an indicati(xi that the financial treryj of last events. A more ￿1￿11¢ 83&esSff￿ W￿ld be of movirwJ towards SLtstainiry a b￿k￿en ￿1tH)n on ts ba6is of dl other fadix5 (su( as grant funding) remainiTrJ the same. Consequently, buildiTrJ in 12 months reserve woukl be prudent to reflecl the evolvir¥J divtr u88 of ￿ bJikJing aTrJ tevenue costs. together wrth c￿linuIng (*all￿Ning c(￿1 of INirvJ incieases. We also have a number of JenIffi￿j uft￿￿, essentsl swJnificant buildiThJ mainlenance and repair Use of Designated Funds 2025126 and Reserves The Charty Commission requires that Trustees set a polry ts the management of the Churth Furxls. The total funds hekl at the ermj of the year {August 2025) £136,288 8f#J have been eamwth&J as folkm: Reserves FuThl . £65,000 12 Month Reven￿ Costs General Fund (restrthl) . £34.675 Our CorTfy￿ C(Ynmunty Prqect (knl Furnl . £10.000 Transl￿1 Grant Redudk Gwieral Fund IAanaging Trustoes Wllllngton Open Door Methodist Church