**REGISTERED CHARITY NUMBER: 514360**
## **GARSTANG FREE METHODIST CHURCH**
**TRUSTEES' REPORT AND**
## **UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 DECEMBER 2021**
Scott & Wilkinson Dalton House
> 9 Dalton Square LANCASTER LA1 1WD
**GARSTANG FREE METHODIST CHURCH**
**CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
|||**Page**||
|---|---|---|---|
|**Reference and Administrative Details**||1||
|**Trustees' Report**|2|to|7|
|**Independent Examiner's Report**||8||
|**Statement of Financial Activities**||9||
|**Balance Sheet**||10||
|**Notes to the Financial Statements**|11|to|17|
**GARSTANG FREE METHODIST CHURCH**
## **REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 2021**
|**Trustees**|Mr J Carter|
|---|---|
||Mrs S Kelsall|
||Mr P Wells|
||Mr P Yates|
||Mrs R Thornton|
||Mrs K Caunce|
||Mrs A Fearnhead|
||Mrs A Blundell|
||Miss R Corkish|
|**Principal address**|Windsor Road|
||Garstang|
||PRESTON|
||Lancashire|
||PR3 1ED|
|**Registered charity number**|514360|
|**Independent examiner**|Scott & Wilkinson|
||Dalton House|
||9 Dalton Square|
||LANCASTER|
||LA1 1WD|
Page 1
**GARSTANG FREE METHODIST CHURCH**
**TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2021**
The trustees present their report with the financial statements of the charity for the year ended 31 December 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **Objectives and activities**
The object of the Free Methodist Church is the furtherance of the religious and other charitable works of the Free Methodist Church of North America.
The Elder Trustees fully appreciate the wide range of ages and needs within the fellowship and the community. They are committed to providing an environment which encourages people to live out their Christian faith. This is done in the first instance through worship and prayer, Bible teaching and pastoral care but there are also opportunities for people to express their faith in word and deed within the wider community.
The primary purpose of the church is discipleship: for each of us to be disciples and to make disciples, within the church and without, in the local community and beyond.
When planning the church's activities the Elder Trustees have considered the Charity Commission's guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion.
## **Covid-19**
In 2021 the Covid-19 pandemic continued to have a huge impact on the church and its members. Throughout the year Leadership followed the relevant laws, regulations and guidance, to ensure that people were kept safe.
From March 2020 the church building was closed and recorded services were provided online or on DVD, to enable people to continue to worship an receive teaching and discipleship. Pastors, ministry leaders and members of the church worked together to ensure that people remained connected with the church and with each other, particularly during periods of national lockdown when many were at risk of loneliness and isolation, or in need of practical assistance.
By spring 2021 the church was able to resume meeting in person, albeit with restricted numbers initially and with many measures in place to ensure people were kept safe and Government regulations and guidelines were adhered to. Services continued to be recorded so that they could be accessed by people wishing to self isolate for an extended period, which also enabled people who missed church for any reason to catch up at their convenience online. By the end of the year most activities within church had resumed, although Covid-19 precautions remained in place as appropriate.
Although 2020 and 2021 presented many challenges, and for many it was an extremely difficult time, the church was blessed in many ways throughout the period:
- New people joined the church, and online services were accessed by many who may not have attended in person;
- Planned improvements in online provision, including streaming services, were expedited by necessity of circumstance; - The second phase of building works, which were scheduled to begin in July 2020, were undertaken while the building was not in use, and completed in February 2021, just before live services were permitted again;
- The Thornton L&L church plant continued to thrive, producing high quality online content and engaging with a growing membership.
The Elder Trustees are very grateful to God for His blessing and provision during period, and recognise the efforts, both seen and unseen, of the people who worked diligently to further His kingdom and care for those in need.
Page 2
**GARSTANG FREE METHODIST CHURCH**
**TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2021**
## **Achievement and performance**
## **Worship**
The Pastors and leadership have tried to provide a balanced form of worship which appeals to all age groups in our two regular Sunday services. To that end we have a mix of music styles provided by a group of musicians from within the fellowship. These musicians themselves reflect the range of ages within the fellowship. A youth band also provides worship on a regular basis at services particularly aimed at the young people.
We have a significant number of young families in the church and hold Sunday School during the morning service and a crèche for children under school age. However, the leadership do feel it is important that the children are also made to feel part of the whole fellowship so they remain in the early part of the morning service where they can join in the worship and enjoy a short story to suit the age group before going to Sunday School or crèche. The leadership believe that the family aspect of church is very important and an All Age Service is held on a regular basis.
The Sunday evening service tries to reflect the different needs and preferences within the congregation. It is usually a less formal service and takes a variety of different forms. It sometimes offers the opportunity to share from personal experience.
## **Bible teaching**
This is seen as an essential part of the church's ministry and is an important part of the Sunday services.
Sermons are preached by our own pastors and lay preachers as well as visiting speakers. Some of the young people within the fellowship are given opportunity to speak when it is recognised that they are gifted in this area.
## **Prayer**
Prayer is considered a must for a healthy church and there are many opportunities for people to join in corporate prayer. We hold a prayer meeting each Tuesday evening, a pre-service prayer meeting on Sunday evenings and a weekly prayer meeting specifically for the Thornton Light and Life church. When these meetings were unable to be held in person during Covid-19 restrictions prayer meetings were held online.
There is also opportunity for prayer in the small groups which meet regularly in a variety of locations in the area. A prayer team is available to pray for those who have particular needs and request prayer. A prayer room is available within the church building for private prayer at any time and is used for prayer needs at the end of each Sunday service.
## **Work with children**
In addition to the Sunday School, there are other activities for children of different age groups:
Toddle In meets on Thursday morning and provides opportunity for parents / carers with toddlers to meet and relax. Its reputation is such that local agencies often refer young parents to it.
Kidz Klub, for children in school years 1-4, meets on Tuesday evenings in term time. Their regular activities include games, Bible stories and crafts.
Connect, for children in school years 5-7, meets on Friday evening in term time. Again their regular activities include games, Bible stories and crafts.
Annually, there is an organized weekend away for Kidz Klub and Connect children using the facilities of a local Boy's Brigade.
We also annually hold a holiday club for children aged five to 11 on five successive mornings in August. This is available to children from church families as well as others from the local community. Activities in both of these events include music, drama, crafts and Bible teaching.
For the first half of 2021 these activities could not be held in person, but some groups met online using Zoom meetings. By September most activities resumed, with events such the annual Light Party attracting large numbers of children.
Page 3
**GARSTANG FREE METHODIST CHURCH**
**TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2021**
## **Work with teenagers**
KORU for those in school year 8 and above meets on a Friday evening and involves a variety of activities. We alternate between games nights, worship + word and cell groups. We organise regular external activities and have an annual, residential weekend away.
Crucible is a fortnightly discipleship gathering of our older youth and young adults. It is a time of fellowship and looking at topics which challenge and encourage members into closer relationship with Jesus. Members are all encouraged to actively step out and discover and use their giftings by getting involved in helping with our Friday youth group and church services. Alongside this 1-1 mentoring is actively encouraged to further assist in the growth and development of our young adults.
Footprints is a fortnightly Sunday group that meets during the morning service and is for schools years 7 and 8. This provides specific Bible content with leaders who help with the transition to high school and youth and also in being a more central part of our Sunday worship.
## **Work with the elderly**
Our approach to working with older people aims to provide for every aspect of their lives; spiritual, emotional, practical. To this end we have Friday Focus, which meets every Friday morning and has a different focus each week of the month. Focus on Prayer and Focus on The Bible helps meet the spiritual needs of those who attend the church, where they are able to share needs and concerns in confidence. Focus on the Bible allows us to discuss issues that are sometimes puzzling in a rapidly changing world while taking a biblical approach to understanding. Focus on Film followed by a light lunch attracts people from within and without the church helping combat loneliness and develop new friendships. Eating together is an important aspect of spending time together but COVID regulations has prevented our being able to serve food. We will reinstate this as soon as possible. Focus on People is a great opportunity to hear about other people's lives and get to know other better. It is an effective way of introducing new people and allowing the opportunity to share our histories and appreciate each other.
Our regular Sunday mornings which were held in three local residential homes for the elderly have also had to be halted for the time being, but we have tried to maintain contact through cards, letters and gifts. We will reinstate these as soon as possible because they do offer residents the chance to hear and join in some old hymns, to pray together., hear a short message and chat generally.
On issues of pastoral care, it is recognised that some areas need to be dealt with by the pastors but others can be undertaken by lay members of the church. Pastors visit those who are in hospital or bereaved but other visits are undertaken by trusted volunteers. The pastoral team will visit those who are housebound on a monthly basis as well as those who the pastors feel would benefit from a visit.
A wheelchair is available in the church and a loop system is fitted for those with hearing difficulties. Of particular benefit in small group situations have been the six portable loop hearing systems that were purchased some time ago. We have also purchased a walker which is kept in the church for anyone who might need it.
We aim to hold craft days at times which allow people to exercise their creativity, while also providing easy activities for the not so creative. These prove very therapeutic and relaxing for those who attend.
We are at present looking into how we can help combat loneliness amongst the older generation and hope to be able to befriend those who struggle in their later years.
All our activities are free of charge.
## **Work with adults**
Several small groups meet on a regular basis. These consist of groups which study the Bible, pray and enjoy fellowship together. Many are geographically based but there are others which are interest or age based. Members are free to select the group which best suits their needs. Throughout the year membership of these small groups has risen steadily.
Page 4
**GARSTANG FREE METHODIST CHURCH**
**TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2021**
From time to time, as the need dictates, groups are also organised to introduce seekers to the Christian faith, disciple new Christians in their faith and promote Christian values in relationships and marriage.
Some members of the church also visit the homeless centre in Lancaster to give help where it is needed. Some are also closely involved with the work of Grace Ministries in Morecambe which is a food bank and advice centre for those in need. Many members of the congregation give regular gifts of food and clothing to this work.
During 2020 and 2021 Covid-19 restrictions prevented small groups from meeting, however many groups used online services such as Zoom to continue meeting regularly. Whether able to continue meeting in this way or not, small group leaders ensured their members were connected, cared for and prayed for throughout the year. By the end of 2021 most groups had resumed meeting in person.
## **Mission**
The church recognises its responsibility to encourage and support the world wide church and has given, from its income, money towards mission work in Greece, Portugal and Belgium. It has also made many donations towards the work of national and international Christian mission work including, but not limited to: Cedar House counselling service in Preston, The Christian Institute, Christian Motorcyclists Association, Gideons International, Grace Ministries and NISCU.
In addition to all of this, special collections are made during Christmas, Easter and Harvest services to support worthy and topical causes.
The church has been further developing its relationship with a Christian ministry in Ukraine, with further ongoing support in 2021. We have raised funds as a church, and many members have given additional gifts to support the work in Ukraine, in particular the development of a drug rehabilitation centre.
## **Thornton Light & Life Church**
January 2021 marked four years since the church plant into Thornton was officially launched. The ministry is led by Mr Jonathan Leech, who is supported pastorally and administratively by Mrs Lydia Baines.
Until March 2020 the church was meeting at the Little Theatre in Thornton, with growing numbers, a large core of committed members, and its own leadership team which was established to manage the direction and day to day running of the church, while remaining under the responsibility and oversight of the Elder Trustees of Garstang Free Methodist Church.
When the church was unable to meet in person the team quickly adapted to providing online content, initially in conjunction with Garstang Free Methodist Church, and then separately. Online provision continued throughout 2020 and into 2021, until live services were permitted in May 2021.
From May 2021 in person services were held, primarily in the Marine Hall at Fleetwood as the Thornton Little Theatre was not available as it was used as a vaccination centre.
Towards the end of the Thornton Light & Life leadership team worked towards establishing the church as a separate society, which was achieved in March 2022.
## **Volunteers**
We would like to thank all the volunteers who work tirelessly to make the church the loving fellowship it is. It would be wrong to single out anyone for special mention but we do want to acknowledge that everything that is done is an expression of the love and commitment everyone has for the Lord, the fellowship of believers and the wider community in which we live.
The church is aware of, and takes seriously its safeguarding responsibilities and, where appropriate, volunteers are DBS checked. A specialist external advisor has designed our safeguarding policies and relevant training is compulsory.
Page 5
**GARSTANG FREE METHODIST CHURCH**
**TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2021**
## **Church building**
In 2018, following many years of deliberation regarding the scope and nature of work required, the church began the process of extending the church building to provide more classrooms, meeting areas and a new, larger kitchen. The work was completed by June 2019, providing much needed space for Sunday School and a variety of groups that meet throughout the week.
In September 2019 the Elder Trustees decided to press ahead with Phase 2 of the building development, which would remodel the sanctuary to increase seating capacity and make better use of the space, as well as replacing part of the roof that required significant repair. The work began in July 2020 and was completed in February 2021.
Throughout the period of building works the church was unable to meet due to Covid restrictions, therefore the project had minimal impact on the operation of the church activities. The completed building has been very well received since re-opening, and the additional space has enabled the church to comply with Covid restrictions while still accommodating relatively large numbers of people.
The Elder Trustees are very grateful to God for His care and provision, and seek to use the new facilities wisely as in furtherance of His Kingdom.
## **Financial review**
The attached financial statements give a breakdown of the income and expenditure of the charity during 2021 and show that the charity ended the year with free reserves of £30,931 (2020: £58,136). It is the policy of the charity to maintain the free reserves at a level equivalent to approximately two months of expenditure to cover church running costs should income fall.
The amount recovered from HMRC through the Gift Aid scheme was £26,305. This continues to be a crucial source of income for the church.
Page 6
**GARSTANG FREE METHODIST CHURCH**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2021**
## **Structure, governance and management Governing document**
The main governing document of the Charity is the Trust Deed dated 21 April 1983.
In 2017 the Church Membership voted to adopt a new structure for governance and management of the church and its ministries. The Church Leadership Team (CLT), which had been comprised of trustees who worked alongside the pastors to lead the church as well as its individual ministries, was replaced with two new bodies: the Elder Trustees and the Ministry Leadership Team (MLT).
The church is governed by the Elder Trustee Board which is comprised of two lay delegates, a finance director, a fabric director and five elder trustees. All are trustees of the Church and work closely with the pastors in promoting the whole mission of the Church to provide pastoral care, an evangelistic outlook, opportunity for fellowship and awareness of the needs of the Church worldwide. The purpose of the Elder Trustees is to provide governance and to empower the pastoral team to fulfil the Church mission statement, to be "a Christian community discipling all generations".
The Elder Trustees are also responsible for the upkeep of the Church properties (which comprise the church building on Windsor Road, the Meadow Park manse and a house on Pine Grove previously bequeathed to the church) and to manage and monitor the finances of the Church.
The lay delegates represent the church in the UK Free Methodist conference where they and the pastors have voting rights.
Election to the Elder Trustee Board takes place annually in June. Elder Trustees are initially appointed for a twelve month term, and then if re-elected can choose to serve for terms of between 12 months and three years, in order to stagger the dates on which appointments are made.
Ministry Leaders are appointed by the pastors and ratified by both the Elder Trustees and the Church Membership at the ASM. They undertake supervision of specific ministry areas including Children, Youth, Adult, Seniors and Worship, and seek to fulfil the Church's mission statement through those ministries.
Rev Ian Heath was appointed as Lead Pastor for the church in January 2021. Rev Andy Woof served as Associate Pastor and Mr Andrew Tissingh served as Families, Youth and Missions Pastoral Assistant throughout the year.
The local church is answerable to the UK conference of the Free Methodist Church which is led by National Leader Rev John Townley with effect from January 2021.
Approved by order of the board of trustees on ...... October 2022 and signed on its behalf by:
........................................................................ Mrs R Thornton - Trustee
Page 7
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GARSTANG FREE METHODIST CHURCH**
## **Independent examiner's report to the trustees of Garstang Free Methodist Church**
I report to the charity trustees on my examination of the accounts of Garstang Free Methodist Church (the Trust) for the year ended 31 December 2021.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation 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 Act and in carrying out my examination I have followed all 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 giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
T M Preece F.C.C.A Association of Chartered Certified Accountants Scott & Wilkinson Dalton House 9 Dalton Square LANCASTER LA1 1WD
Date: ...... October 2022
Page 8
**GARSTANG FREE METHODIST CHURCH**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021**
|**Notes**
**Income and endowments from**
Donations and legacies
**Charitable activities**
Church activities
Pine Grove
Investment income
2
**Total**
**Expenditure on**
**Charitable activities**
Church activities
Pine Grove
**Total**
**NET INCOME/(EXPENDITURE)**
**Reconciliation of funds**
**Total funds brought forward**
**Total funds carried forward**|**Unrestricted**
**funds**
**£**
180,024
343
-
5
180,372
196,190
-
196,190
(15,818)
887,934
872,116|**Restricted**
**funds**
**£**
29,730
-
1,500
-
31,230
26,196
70
26,266
4,964
630,672
635,636|**2021**
**Total**
**funds**
**£**
209,754
343
1,500
5
211,602
222,386
70
222,456
(10,854)
1,518,606
1,507,752|**2020**
**Total**
**funds**
**£**
256,244
10,080
1,500
220|
|---|---|---|---|---|
|||||268,044|
|||||200,772
132|
|||||200,904|
|||||67,140
1,451,466|
|||||1,518,606|
The notes form part of these financial statements
Page 9
**GARSTANG FREE METHODIST CHURCH**
## **BALANCE SHEET 31 DECEMBER 2021**
|**Notes**
**Fixed assets**
Tangible assets
5
**Current assets**
Debtors
6
Cash at bank
**Creditors**
Amounts falling due within one year
7
**Net current assets**
**Total assets less current liabilities**
**NET ASSETS**
**Funds**
8
Unrestricted funds
Restricted funds
**Total funds**|**Unrestricted**
**funds**
**£**
841,185
21,777
36,624
58,401
(27,470)
30,931
872,116
872,116|**Restricted**
**funds**
**£**
709,538
2,485
63,613
66,098
(140,000)
(73,902)
635,636
635,636|**2021**
**Total**
**funds**
**£**
1,550,723
24,262
100,237
124,499
(167,470)
(42,971)
1,507,752
1,507,752
872,116
635,636
1,507,752|**2020**
**Total**
**funds**
**£**
1,482,240
17,109
177,648
194,757
(158,391)
36,366
1,518,606
1,518,606
887,934
630,672
1,518,606|
|---|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ...... October 2022 and were signed on its behalf by:
............................................. Mrs S Kelsall - Trustee
The notes form part of these financial statements
Page 10
**GARSTANG FREE METHODIST CHURCH**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
## **1. Accounting policies**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% Straight Line (improvements only) Fixtures and fittings - 20% on reducing balance
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Page 11
**GARSTANG FREE METHODIST CHURCH**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021**
## **2. Investment income**
|**Investment income**||||
|---|---|---|---|
||**2021**||**2020**|
||**£**||**£**|
|Deposit account interest||5|220|
## **3. Trustees' remuneration and benefits**
There were no trustees' remuneration or other benefits for the year ended 31 December 2021 nor for the year ended 31 December 2020.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 December 2021 nor for the year ended 31 December 2020.
## **4. Comparatives for the statement of financial activities**
|**Income and endowments from**
Donations and legacies
**Charitable activities**
Church activities
Pine Grove
Investment income
**Total**
**Expenditure on**
**Charitable activities**
Church activities
Pine Grove
**Total**
**NET INCOME/(EXPENDITURE)**
**Transfers between funds**
**Net movement in funds**
**Reconciliation of funds**
**Total funds brought forward**
**Total funds carried forward**|**Unrestricted**
**funds**
**£**
144,154
10,080
-
138
154,372
172,038
-
172,038
(17,666)
(1,242)
(18,908)
906,842
887,934|**Restricted**
**funds**
**£**
112,090
-
1,500
82
113,672
28,734
132
28,866
84,806
1,242
86,048
544,624
630,672|**Total**
**funds**
**£**
256,244
10,080
1,500
220|
|---|---|---|---|
||||268,044|
||||200,772
132|
||||200,904|
||||67,140
-|
||||67,140
1,451,466|
||||1,518,606|
Page 12
**GARSTANG FREE METHODIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021**
## **5. Tangible fixed assets**
|**Freehold**
**property**
**£**
**Cost**
At 1 January 2021
1,450,842
Additions
71,576
At 31 December 2021
1,522,418
**Depreciation**
At 1 January 2021
13,318
Charge for year
14,480
At 31 December 2021
27,798
**Net book value**
At 31 December 2021
1,494,620
At 31 December 2020
1,437,524
**6.**
**Debtors: amounts falling due within one year**
Gift Aid recoverable
Prepayments
**7.**
**Creditors: amounts falling due within one year**
Taxation and social security
Other creditors|**Equipment**
**£**
108,587
25,426
134,013
65,092
13,796
78,888
55,125
43,495||**Fixtures**
**and**
**fittings**
**£**
113,068
-
113,068
111,847
243
112,090
978
1,221
**2021**
**£**
21,487
2,775
24,262
**2021**
**£**
1,837
165,633
167,470|**Totals**
**£**
1,672,497
97,002|**Totals**
**£**
1,672,497
97,002|**Totals**
**£**
1,672,497
97,002|
|---|---|---|---|---|---|---|
|||||1,769,499|||
|||||190,257
28,519|||
|||||218,776|||
|||||1,550,723|||
|||||1,482,240|||
||||||**2020**
**£**
16,823
286
17,109
**2020**
**£**
575
157,816|**2020**
**£**
16,823
286|
|||||||17,109|
||||||158,391||
Page 13
**GARSTANG FREE METHODIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021**
## **8. Movement in funds**
|**Unrestricted funds**
General fund
Building Fund
**Restricted funds**
Specified Gifts
Building Fund
Pine Grove
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
**Restricted funds**
Specified Gifts
Building Fund
Pine Grove
**TOTAL FUNDS**|**At 1/1/21**
**£**
854,697
33,237
887,934
1,185
607,780
21,707
630,672
1,518,606
**Incoming**
**resources**
**£**
180,372
12,216
17,514
1,500
31,230
211,602||**Net**
**movement**
**in funds**
**£**
(15,818)
-
(15,818)
500
3,034
1,430
4,964
(10,854)
**Resources**
**expended**
**£**
(196,190)
(11,716)
(14,480)
(70)
(26,266)
(222,456)|**At**
**31/12/21**
**£**
838,879
33,237
872,116
1,685
610,814
23,137
635,636
1,507,752
**Movement**
**in funds**
**£**
(15,818)
500
3,034
1,430
4,964
(10,854)|
|---|---|---|---|---|
||||||
||||||
||||||
||||||
Page 14
**GARSTANG FREE METHODIST CHURCH**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021**
## **8. Movement in funds - continued**
## **Comparatives for movement in funds**
|**Unrestricted funds**
General fund
Building Fund
**Restricted funds**
Specified Gifts
Building Fund
Pine Grove
**TOTAL FUNDS**|**At 1/1/20**
**£**
873,715
33,127
906,842
1,998
523,529
19,097
544,624
1,451,466|**Net**
**movement**
**in funds**
**£**
(17,776)
110
(17,666)
(813)
84,251
1,368
84,806
67,140|**Transfers**
**between**
**funds**
**£**
(1,242)
-
(1,242)
-
-
1,242
1,242
-|**At**
**31/12/20**
**£**
854,697
33,237|
|---|---|---|---|---|
|||||887,934
1,185
607,780
21,707|
|||||630,672|
|||||1,518,606|
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Building Fund
**Restricted funds**
Specified Gifts
Building Fund
Pine Grove
**TOTAL FUNDS**|**Incoming**
**resources**
**£**
154,262
110
154,372
14,603
97,569
1,500
113,672
268,044|**Resources**
**Movement**
**expended**
**in funds**
**£**
**£**
(172,038)
(17,776)
-
110
(172,038)
(17,666)
(15,416)
(813)
(13,318)
84,251
(132)
1,368
(28,866)
84,806
(200,904)
67,140|**Resources**
**Movement**
**expended**
**in funds**
**£**
**£**
(172,038)
(17,776)
-
110
(172,038)
(17,666)
(15,416)
(813)
(13,318)
84,251
(132)
1,368
(28,866)
84,806
(200,904)
67,140|
|---|---|---|---|
||||(17,666)
(813)
84,251
1,368|
||||84,806|
||||67,140|
Page 15
**GARSTANG FREE METHODIST CHURCH**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021**
## **8. Movement in funds - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
Building Fund
**Restricted funds**
Specified Gifts
Building Fund
Pine Grove
**TOTAL FUNDS**|**At 1/1/20**
**£**
873,715
33,127
906,842
1,998
523,529
19,097
544,624
1,451,466|**Net**
**movement**
**in funds**
**£**
(33,594)
110
(33,484)
(313)
87,285
2,798
89,770
56,286|**Transfers**
**between**
**funds**
**£**
(1,242)
-
(1,242)
-
-
1,242
1,242
-|**At**
**31/12/21**
**£**
838,879
33,237|
|---|---|---|---|---|
|||||872,116
1,685
610,814
23,137|
|||||635,636|
|||||1,507,752|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Building Fund
**Restricted funds**
Specified Gifts
Building Fund
Pine Grove
**TOTAL FUNDS**|**Incoming**
**resources**
**£**
334,634
110
334,744
26,819
115,083
3,000
144,902
479,646|**Resources**
**Movement**
**expended**
**in funds**
**£**
**£**
(368,228)
(33,594)
-
110
(368,228)
(33,484)
(27,132)
(313)
(27,798)
87,285
(202)
2,798
(55,132)
89,770
(423,360)
56,286|**Resources**
**Movement**
**expended**
**in funds**
**£**
**£**
(368,228)
(33,594)
-
110
(368,228)
(33,484)
(27,132)
(313)
(27,798)
87,285
(202)
2,798
(55,132)
89,770
(423,360)
56,286|
|---|---|---|---|
||||(33,484)
(313)
87,285
2,798|
||||89,770|
||||56,286|
Page 16
**GARSTANG FREE METHODIST CHURCH**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021**
## **9. Related party disclosures**
There were no related party transactions for the year ended 31 December 2021.
Page 17