**REGISTERED CHARITY NUMBER: 518144**
## **CROWN LANE FREE METHODIST CHURCH**
**REPORT OF THE TRUSTEES AND**
## **UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 DECEMBER 2022**
Scott & Wilkinson Dalton House
9 Dalton Square LANCASTER LA1 1WD
**CROWN LANE FREE METHODIST CHURCH**
**CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022**
|||**Page**||
|---|---|---|---|
|**Reference and Administrative Details**||1||
|**Report of the Trustees**|2|to|3|
|**Independent Examiner's Report**||4||
|**Statement of Financial Activities**||5||
|**Balance Sheet**||6||
|**Notes to the Financial Statements**|7|to|14|
**CROWN LANE FREE METHODIST CHURCH**
## **REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 2022**
|**Trustees**|Rev D Lurrie (resigned 31/5/2022)|
|---|---|
||Mr N J Bovenizer|
||Mr J A Clark|
||Mrs B Clark|
||Mr D W Rosendale|
||Mrs B Scott|
||Mrs M Sudell|
||Mr W Cornall|
|**Principal address**|Godson House Farm|
||Catforth|
||PRESTON|
||PR4 0HE|
|**Registered charity number**|518144|
|**Independent examiner**|Scott & Wilkinson|
||Dalton House|
||9 Dalton Square|
||LANCASTER|
||LA1 1WD|
|**Bankers**|National Westminster Bank|
||292 Garstang Road|
||Fulwood|
||Preston|
||PR4 0HE|
Page 1
**CROWN LANE FREE METHODIST CHURCH**
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022**
The trustees present their report with the financial statements of the charity for the year ended 31 December 2022. 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**
## **Objectives and aims**
The object of the Crown Lane Free Methodist Church is the furtherance of the religious and other charitable work of the Free Methodist Church of North America.
## **Significant activities**
The church was established for Christian worship, prayer, Bible teaching and the preaching of the gospel. We seek to serve the local community by providing a place of prayer and worship. The support of missionary work in various parts of the world is high on our agenda. The words of Jesus underline these objectives," Go ye therefore and teach all nations."
2022 Covid restrictions have now been lifted, but some people in the congregation early in the year were still very cautious about returning and meeting up with others to worship the Lord.
At the end of May our Minister the Rev D Lurrie felt the time had come to make a move to another church and is now pastor at a church in Bolton.
Out church activities were being affected during Covid, but things are getting a lot better. Parent and Toddler groups are hoping to be restarted in the coming months. The monthly service in the local care home continues with many of the residents attending. The ladies work is now in full swing again with meetings every month. Youth work and the children's club have now restarted and numbers are increasing. We pray that the numbers will increase in these activities in the coming months.
A carol service was held in the church this year; also two services were held on Christmas day. The local school used the premises for their annual nativity; the church was packed with parent's children and friends.
We praise the Lord for His blessings day by day one being the fact that our services are now on line and many people can see and hear the word of God in their homes
The building work on the church with extensions to the toilets, office and meeting room upstairs and a new storage building for toddler group equipment and a separate part for mowing machines has now been completed.
## **Public benefit**
All our activities are offered free of charge to ensure they are accessible to all, and we regularly promote and publicise our activities in the local community.
The trustees confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
## **Achievement and performance Charitable activities**
Looking back over 2022 we are thankful to God for His continued provision of the gifts tithes and offerings for His work. We count it a privilege to have been able to support many missionary societies and individuals home and overseas, with gifts amounting to £35,680. We have continued to reach out into our local community with God's love and care.
Page 2
**CROWN LANE FREE METHODIST CHURCH**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022**
## **Financial review**
## **Investment policy and objectives**
At the present time the trustees are seeking to use the money we have received from the sale of the land to help and support other Christian organizations and individuals. Also funds are being used to maintain and improve the church building and its facilities for the community in this area. Work has continued over the year with the improvements to the church building and is now completed.
A house and small field was purchased in 2018 adjacent to the church with a view to be used as a manse or rented out to church personnel, it is currently rented out to a missionary family. The field is at the moment rented out on an annual summer grazing agreement, but could be used for car park extension and games area in the future.
## **Reserves policy**
Reserves held are usually sufficient to pay on-going expenses for at least two months. Any surplus funds are transferred to interest bearing accounts. Reserves held at the year end are £543,353 (2021- £557,955).
## **Structure, governance and management**
## **Governing document**
The charity was established by trust deed dated 27/03/00 (new scheme) and is registered with the Charity Commission, No 518144.
Crown Lane Free Methodist Church is one of a number of Free Methodist Churches in the United Kingdom Conference.
## **Recruitment and appointment of new trustees**
The members of the church elect the trustees on an annual basis. The annual General meeting is held in the early part of the year.
Due to the Lock Down and Corona virus restrictions we have not met for the annual AGM, but hope to do so as soon as circumstances allow. During the year two of our trustees have resigned.
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ Mr J A Clark - Trustee
Page 3
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CROWN LANE FREE METHODIST CHURCH**
## **Independent examiner's report to the trustees of Crown Lane Free Methodist Church**
I report to the charity trustees on my examination of the accounts of Crown Lane Free Methodist Church (the Trust) for the year ended 31 December 2022.
## **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
Scott & Wilkinson Dalton House 9 Dalton Square LANCASTER LA1 1WD
Date: .............................................
Page 4
**CROWN LANE FREE METHODIST CHURCH**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022**
|**Notes**
**Income and endowments from**
Donations and legacies
2
Investment income
3
**Total**
**Expenditure on**
**Charitable activities**
4
Church activities
**NET INCOME/(EXPENDITURE)**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**£**
47,836
8,520
56,356
125,927
(69,571)
1,801,630
1,732,059|**Restricted**
**funds**
**£**
5,047
-
5,047
5,343
(296)
1,890
1,594|**2022**
**Total**
**funds**
**£**
52,883
8,520
61,403
131,270
(69,867)
1,803,520
1,733,653|**2021**
**Total**
**funds**
**£**
55,788
9,196
64,984
91,940
(26,956)
1,830,476
1,803,520|
|---|---|---|---|---|
The notes form part of these financial statements
Page 5
**CROWN LANE FREE METHODIST CHURCH**
## **BALANCE SHEET 31 DECEMBER 2022**
|**Notes**
**Fixed assets**
Tangible assets
10
Investment property
11
**Current assets**
Debtors
12
Cash at bank
**Creditors**
Amounts falling due within one year
13
**Net current assets**
**Total assets less current liabilities**
**NET ASSETS**
**Funds**
14
Unrestricted funds
Restricted funds
**Total funds**|**Unrestricted**
**funds**
**£**
626,035
563,900
1,189,935
6,493
536,860
543,353
(1,229)
542,124
1,732,059
1,732,059|**Restricted**
**funds**
**£**
1,184
-
1,184
-
410
410
-
410
1,594
1,594|**2022**
**Total**
**funds**
**£**
627,219
563,900
1,191,119
6,493
537,270
543,763
(1,229)
542,534
1,733,653
1,733,653
1,732,059
1,594
1,733,653|**2021**
**Total**
**funds**
**£**
581,168
563,900
1,145,068
105,077
555,158
660,235
(1,783)
658,452
1,803,520
1,803,520
1,801,630
1,890
1,803,520|
|---|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Mr J A Clark - Trustee
The notes form part of these financial statements
Page 6
**CROWN LANE FREE METHODIST CHURCH**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022**
## **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, as modified by the revaluation of certain assets.
## **Financial reporting standard 102 - reduced disclosure exemptions**
The charity has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
## **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.
Fixtures and fittings - 15% Reducing balance Computer equipment - Straight line over 4 years
## **Investment property**
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Statement of Financial Activities.
## **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.
Page 7
**CROWN LANE FREE METHODIST CHURCH**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022**
## **1. Accounting policies - continued**
## **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.
## **2. Donations and legacies**
|Committed giving
Gift aid
**Investment income**
Rents received
Deposit account interest|**2022**
**£**
48,414
4,469
52,883
**2022**
**£**
7,200
1,320
8,520|**2021**
**£**
50,477
5,311|**2021**
**£**
50,477
5,311|
|---|---|---|---|
|||55,788||
|||**2021**
**£**
7,200
1,996
9,196||
||||9,196|
## **3. Investment income**
## **4. Charitable activities costs**
|**Charitable activities costs**|||||
|---|---|---|---|---|
|Church activities
**Grants payable**
Church activities|**Direct**
**Costs**
**£**
91,941|**Grant**
**funding of**
**activities**
**(see note**
**5)**
**£**
35,680|**Support**
**costs (see**
**note 6)**
**£**
3,649
**2022**
**£**
35,680|**Totals**
**£**
131,270|
|||||**2021**
**£**
31,138|
## **5. Grants payable**
Page 8
**CROWN LANE FREE METHODIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022**
## **5. Grants payable - continued**
The total grants paid to institutions during the year was as follows:
|Ministry to Asians
Street Pastors
Kays Farm Childrens Home
Faith Mission
Sportsreach
Sat 7
Sasra
Open Doors
Tanzania Farm Trust
Christian Institute
Childcare Ministries
Missionary Aviation Fellowship
Slavic Gospel
Free Methodist Missions
OMS One Mission
Heart Church Morecambe
Haiti Releif Work
Release International
Salvation Army Homeless
International Aid
Glasgow Church Plant|**2022**
**£**
600
-
1,000
1,200
760
1,260
1,250
-
500
600
480
-
975
1,150
7,335
5,000
-
-
-
170
10,000
32,280|**2021**
**£**
600
450
4,655
2,000
750
200
-
4,000
4,000
1,100
480
770
-
-
10,780
-
450
873
30
-
-|
|---|---|---|
|||31,138|
## **6. Support costs**
|**Support costs**|||
|---|---|---|
|||**Governance**|
|||**costs**|
|||**£**|
|Church activities||3,649|
|Support costs, included in the above, are as follows:|||
|**Governance costs**|||
||**2022**|**2021**|
||**Church**|**Total**|
||**activities**|**activities**|
||**£**|**£**|
|Accountancy fees|1,849|1,694|
|Legal and professional fees|1,800|-|
||3,649|1,694|
Page 9
**CROWN LANE FREE METHODIST CHURCH**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022**
## **7. Trustees' remuneration and benefits**
There were no trustees' remuneration or other benefits for the year ended 31 December 2022 nor for the year ended 31 December 2021.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021.
## **8. Staff costs**
|Wages and salaries
Other pension costs
The average monthly number of employees during the year was as follows:
Charitable activities
No employees received emoluments in excess of £60,000.
**Comparatives for the statement of financial activities**
**Unrestricted**
**funds**
**£**
**Income and endowments from**
Donations and legacies
52,715
Investment income
9,196
**Total**
61,911
**Expenditure on**
**Charitable activities**
Church activities
88,673
**NET INCOME/(EXPENDITURE)**
(26,762)
**Reconciliation of funds**
Total funds brought forward
1,828,392
**Total funds carried forward**
1,801,630||**2022**
**£**
22,871
2,975
25,846
**2022**
1
**Restricted**
**funds**
**£**
3,073
-
3,073
3,267
(194)
2,084
1,890||
|---|---|---|---|
|||||
|||||
|||||
|||||
## **9. Comparatives for the statement of financial activities**
Page 10
**CROWN LANE FREE METHODIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022**
## **10. Tangible fixed assets**
|**Cost**
At 1 January 2022
Additions
At 31 December 2022
**Depreciation**
At 1 January 2022
Charge for year
At 31 December 2022
**Net book value**
At 31 December 2022
At 31 December 2021
**11.**
**Investment property**
**Fair value**
At 1 January 2022
and 31 December 2022
**Net book value**
At 31 December 2022
At 31 December 2021|**Freehold**
**property**
**£**
564,490
43,702
608,192
-
-
-
608,192
564,490|**Fixtures**
**and**
**Computer**
**fittings**
**equipment**
**£**
**£**
65,532
-
4,914
899
70,446
899
48,854
-
3,239
225
52,093
225
18,353
674
16,678
-|**Totals**
**£**
630,022
49,515|
|---|---|---|---|
||||679,537|
||||48,854
3,464|
||||52,318|
||||627,219|
||||581,168|
||||**£**
563,900|
||||563,900|
||||563,900|
The investment property was valued at market value by the Trustees at the 31 December 2021.
## **12. Debtors**
|Amounts falling due within one year:
Other debtors
Prepayments
Amounts falling due after more than one year:
Other debtors
Aggregate amounts|**2022**
**£**
4,303
2,190
6,493
-
6,493|**2021**
**£**
5,077
-|
|---|---|---|
|||5,077|
|||100,000|
|||105,077|
Page 11
**CROWN LANE FREE METHODIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022**
## **13. Creditors: amounts falling due within one year**
|Trade creditors
Accrued expenses
**Movement in funds**
**Unrestricted funds**
General fund
Unrestricted designated funds
**Restricted funds**
Sunday school
Gifts for specific purposes
**TOTAL FUNDS**
Net movement in funds, included in the above are
**Unrestricted funds**
General fund
Unrestricted designated funds
**Restricted funds**
Sunday school
Gifts for specific purposes
**TOTAL FUNDS**|**At 1/1/22**
**£**
913,269
888,361
1,801,630
341
1,549
1,890
1,803,520
as follows:||**Net**
**movement**
**in funds**
**£**
(66,316)
(3,255)
(69,571)
(87)
(209)
(296)
(69,867)
**Incoming**
**resources**
**£**
56,356
-
56,356
571
4,476
5,047
61,403||**2022**
**£**
74
1,155
1,229
**Transfers**
**between**
**funds**
**£**
(5,813)
5,813
-
-
-
-
-
**Resources**
**expended**
**£**
(122,672)
(3,255)
(125,927)
(658)
(4,685)
(5,343)
(131,270)|**2021**
**£**
683
1,100
1,783
**At**
**31/12/22**
**£**
841,140
890,919
1,732,059
254
1,340
1,594
1,733,653
**Movement**
**in funds**
**£**
(66,316)
(3,255)
(69,571)
(87)
(209)
(296)
(69,867)|
|---|---|---|---|---|---|---|
||||||||
||||||||
||||||||
||||||||
## **14. Movement in funds**
Page 12
**CROWN LANE FREE METHODIST CHURCH**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022**
## **14. Movement in funds - continued**
**Comparatives for movement in funds**
|**Unrestricted funds**
General fund
Unrestricted designated funds
**Restricted funds**
Sunday school
Gifts for specific purposes
**TOTAL FUNDS**|**At 1/1/21**
**£**
937,333
891,059
1,828,392
290
1,794
2,084
1,830,476|**Net**
**movement**
**in funds**
**£**
(24,064)
(2,698)
(26,762)
51
(245)
(194)
(26,956)|**At**
**31/12/21**
**£**
913,269
888,361|
|---|---|---|---|
||||1,801,630
341
1,549|
||||1,890|
||||1,803,520|
Comparative net movement in funds, included in the above are as follows:
||**Incoming**|**Resources**|**Movement**|
|---|---|---|---|
||**resources**|**expended**|**in funds**|
||**£**|**£**|**£**|
|**Unrestricted funds**||||
|General fund|61,911|(85,975)|(24,064)|
|Unrestricted designated funds|-|(2,698)|(2,698)|
||61,911|(88,673)|(26,762)|
|**Restricted funds**||||
|Sunday school|750|(699)|51|
|Gifts for specific purposes|2,323|(2,568)|(245)|
||3,073|(3,267)|(194)|
|**TOTAL FUNDS**|64,984|(91,940)|(26,956)|
Designated funds comprises fixed assets designated for the purpose of church activities.
Page 13
**CROWN LANE FREE METHODIST CHURCH**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022**
## **15. Related party disclosures**
There were no related party transactions for the year ended 31 December 2022.
Page 14