Registered Charity 701133
Penwortham Free Methodist Church
Legal and Administrative Information for the year ending 31 December 2022
----- Start of picture text -----
Section A Reference and administration details
----- End of picture text -----
| Charity name Working name Registered charity number Trustees: Elder (non trustee) Church Adminstrator Church Treasurer Bankers: Solicitors: Independent examiner: |
Penwortham Free Methodist Church Kings Church 701133 Leadership Team Chair - Mike Giddings (Lay Delegate) Zena Antell (Deputy Lay Delegate) Ian Simpson Tony Morton-Jones Penny Carey Sarah Wylie Matthew Moll Rev Kevin Jones Carol Salisbury (until June 2022) Matthew Moll CAF Bank Limited 25 Kings Hill West Malling Kent ME19 4JQ Napthens 7 Winckley Square Preston PR1 3JD Michael J Sullivan Financial Accountants 24 Kingsway West Penwortham Preston PR1 0LA (Page 1) |
|---|---|
Section B Structure, Governance & management The controlling charity document Icharity Number 7011331 was approved and established as the Scheme for the regulation of the Charity on 21, April 1983 this scheme also recognises the role of the 'Book of Discipline, of the Free Methodist Church of North America as amended from time to time Ilate5t version dated 2019 is available to read at htt freemethodist.or resources l The church is part of the GB Conference of the Free Methodist Church and is under the discipline of the Conference as described in the Book of Discipline. The Church members Ipartnersl elect the Official Church Board who are also the charity's trustees and as such are elected at the Annual Society IPartnersl Meeting and these, together with the Church employees engaged in ministry, form the Leadership Team. One of the elected Board of Trustees serves as the Church's Lay Delegate and as such represents the Church at the Annual Free Methodist UK Conference. Section C Trustees Annual Report for the year 2022 King's Church began to meet in person, whilst continuing to broadcast service on YouTube for those unable to attend, throughout 2022. We are thankful to our Service and worship leaders who work on a rota basis and to our IT team for making this possible. Life groups (house groups) have been re-established following covid. There are 4 evening groups and one day time group, as well as a group for Chinese ex-students and friends of King's Church that meets on Zoom. We have also begun to refocus our mission program around invitational events. The first of which was well attended on Pancake Day 2022. Invitation and welcome have been the focus for church growth throughout the year. The pastoral committee meet monthly, in person or on Zoom during the year, to keep the needs of members in mind and flag up needs for pastoral care. Meetings in the School were sparsely attended over Christmas 2021, but have grown over the year. Many more now attend in person than online. IA united open-air service was held in the park with the other local churches on Penwortham gala day.) The King's Church job club celebrated their IO, anniversary. We have run the steps to employment course and the CAP money course. The relationship with the job centre continues to be strong. The Toddlers has continued running on Fridays though it now runs one session 9.30 to 11 rather than the 2 sessions pre covid19. The Friday evening Children's and Youth club also reopened and have been growing steadily, with up to 30 children and 15 youth attending. The Trustees continued to meet each quarter as a Full board of trustees and, as Mission and Vision Team IMVTI and Church Action team ICATI, monthly. The meetings follow the new governance structure agreed in 2018. In addition, the Church Nominations Team met to identify persons suitable for serving on the Church Leadership Team and to fill any vacancies on the board of trustees. Meetings for prayer are held in small groups (Tripletsl and on a Sunday evening. They were often held outdoors in gardens in the summer months. A leader's prayer meeting has been established. Global links (Our overseas support and giving arml held several Zoom meetings with overseas partners, as well as inviting preachers we are linked with to participate in Sunday services. Page 2
It has been a challenging year but we are gathering again after covid and all the community and mission arms of the church are functioning again. A large proportion of the membership is involved in the mission and ministry of the church.. from visiting the sic- to helping run job club, parents and toddlers, youth and kids clubs- to visiting asylum seekers,. and participating in the Sunday service. Now that the church is meeting regularly at the Priory Academy, we find that the number of regular attenders is about 75% of the amount attending before Covid19. We continue to offer an online, as well as a physical worship service, for those who cannot attend. Section D Review of Community Benefits Three of our people regularly help with the food bank. One of our members chairs the Churches Together meetings. The CAP job club continued to its "steps to employment" eight-week course, offering 4 full courses as well as the CAP money course throughout the year. The ministry to asylum seekers continues with home visits and help with English and form filling. The international students Eroup continued on Teams, thouEh online connections with students abroad were often difficult. At Christmas our choir sang Carols at the annual street market, and members went Carol singing at a local residential home. Community groups such as Youth Club, Children's Club and pre-school have grown throughout the year. A monthly women's friendship and craft event has been successfully started. Section E Review of risk managements As the church uses a local High School for its Sunday services, rather than a purpose-built building of our own, we work closely with the school property manager, to ensure all aspects of safety VSV covid and general security. There is a fire evacuation plan in place and a fire drill is carried out annually. We keep our risk assessment current with the school and the Town council. We have liaised with the school to ensure safe protocols for public worship. The Trustees are aware of risks and take appropriate steps to control these risks and mitigate any impact they might have, including where mandated the wearing of masks, social distancing and hand sanitising. Insurance policies for the equipment stored at various locations are in place and reviewed from time to time to ensure that valuables are insured adequately. Changes in the assets are also examined to ensure that the insurances are correctly set. All people working with children and vulnerable adults have DBS clearance (renewed every three years) and this is complemented by our safeguarding policy. Budgetary control is actively pursued by preparing an annual budEet and by studying the monthly financial statements prepared by the treasurer. When necessary, spending controls are introduced in addition to regular controls to keep spending within budget. Page 3
Section F Review of Financial Performance King's Church Annual Financial Report for 2022 The Financial Report is usually presented at the Annual General Meeting but as this has been rnoved to November 2022 the Church 8oard Tru5tee5 requested a summary presented to the congregation to coincide with the Accounts being posted to the Charitie5 Commi55ion. The Financial Report has been written by Matthew Moll on behalf ol the Church Administration Team and the Board of Trustees. Furth&r detailed copy of the audited accounts for year ending 315t December 2022 can be requested from Matthew Moll the Church Treasurer. 2022 Statement of Financial Activities- Headline Year 2017 £120,753 2018 £104.195 2019 £100,099 2020 £69,983 2021 £67,466 2022 £77,864 Income youth worl lob and restriaed fund5 Expenditure Bèlance Carried Forward £112,276 +£8,477 £76,000 £99,776 +£4,419 £80,0(M) £97,211 +£3,744 £83,700 £66,147 +£3,932 £87,600 £61,853 +£5,613 £93,213 £81,515 -£3,651 £88,147 (note we used £ID,OOOfor reserves After recording the highest income in 2017 in rnt times of the church, the income fell during 2018,19,20 & 21 has risen again slightly in 2022. However, we still recorded a deficit of £3,651 though in reality this is £5,066 when restritted funds are excluded. (note the church aims to keep approximately £50,000 in reserves $0 we have a least six months to cover salaries and rentals) Breakdown in Expenditure Salaries Church Accommodatlon IRentals, equipment) Church Ministrles Minibus Restrirted glvlng Governance, audit, Insurance depre£latlon etc Other Gift5 and rrthe5 to UK& Global Charities 7.3% Pensions, Nletc Manse & equipment) Church Holiday, Job Club 7.3% 40.7% 19.1% 6.6% 2.0% 7.8% 9.1Y. Notes The Salaries covered employment ol a Pastor (full tirne rninus manse rent value), an admin secretary110 Hours per weekl, the latter only lor half the year. Church Accommodation Renrals included Priory Academy for Sunday Services. Penwortham Community Centre for the Church Offices, Job Club and CAP Moneyj Prayer Meetin Leadership meetin& Family Group and other Meetings at the centre. Penwortham Young Peoples Centre for Toddlers, Kid5 Club and Youth Club. The Minibu5 W35 returned to the road in May. Church Ministrie5 covers 311 the ministry group5 in the church. examples include, Pre School, Children's Work, Me55y Church, Schools 8nd Youth Work, Alpha Course, Evangelism 8nd Discipleship. CAP Job Club and CAP Money. Music 8nd Medi8 and Internation81 Students. Summary: Thank you to the Finance Team lin 20221.. Treasurer Matthew Moll, Mary Young, Tony Cockerarn and Neil Towers. Thank you to everyone at King's Church who have given faithfully to the work each year. Thank5 to God lor His amazing provision. Page 4
Penwortham Free Methodist Church Annual Accounts for the year ended 31 December 2022
(Registered charity number 701133)
----- Start of picture text -----
Section G Statement of Financial Activities
----- End of picture text -----
| Voluntary Income : Donations & Grants Tax Refunds Interest Office rent Charitable Activities : Ministry Income Designated Income Total Incoming Resources Resources Expended Charitiable Activities Staff Costs Church Personnel Expenses Manse Costs Church Services Operating Expenses Ministries Gifts and Tithing Designated Giving Expenditure Depreciation Governance Costs Total Resources Expenses Net Incoming Resources for the year Net Resources Expended Balances brought forward 1.1.22 Balances carried forward 31.12.22 |
Notes 1 2 3 4 |
Unrestricted funds £ 58,403 9,409 753 1,000 780 0 70,345 31,158 1,563 5,385 6,816 10,077 5,932 7,487 1,092 5,901 75,411 -5,066 273,282 268,216 |
Unrestricted funds £ 58,403 9,409 753 1,000 780 0 70,345 31,158 1,563 5,385 6,816 10,077 5,932 7,487 1,092 5,901 75,411 -5,066 273,282 268,216 |
Restricted funds £ 7,519 7,519 6,004 6,004 1,515 11,749 13,264 |
Restricted funds £ 7,519 7,519 6,004 6,004 1,515 11,749 13,264 |
TotalFunds 31.12.22 £ 58,403 9,409 753 1,000 780 7,519 77,864 31,158 1,563 5,385 6,816 10,077 5,932 7,487 6,004 1,092 5,901 81,415 1,515 -5,066 285,031 281,480 |
Total Funds 31.12.21 £ 54,871 9,189 821 0 413 2,097 67,391 31,864 939 1,057 3,975 3,513 3,445 7,195 1,519 2,508 5,838 61,853 5,035 279,418 284,453 |
|
|---|---|---|---|---|---|---|---|---|
(Page 5)
Penwortham Free Methodist Church
Annual Accounts for the year ended 31 December 2022 (Registered charity number 701133)
----- Start of picture text -----
Section H Balance sheet
Notes 2022 2021
£ £
----- End of picture text -----
| Fixed Assets Tangible Fixed Assets Moorhey Drive 5 Equipment and Refurbishments 5 Current Assets Debtors, Prepayments and accrued Income 7 Cash at Bank and in Hand Accruals 8 Net Current Assets Total Assets less Current Liabilities Funds Unrestricted General Funds Designated Funds Property 6 Building 9 Restricted Funds 10 Total Funds |
180,000 1,053 181,053 2,673 98,718 101,391 964 100,427 281,480 88,216 180,000 10,171 3,093 281,480 |
180,000 1,777 181,777 2,282 102,463 104,745 1,491 103,254 285,031 93,282 180,000 10,171 1,578 285,031 |
|
|---|---|---|---|
The notes on page 7 to 10 form part of these accounts
Declaration
I approve the above accounts and sign on behalf of the Trustees.
Mike Giddings : Chair of the Trustees
(Page 6)
Section I Notes to the accounts
| 1 2 3 4 |
UK staff Costs Stipends, salaries & NHI (Pastor) Admin Secretary Pension Costs Operating Expenses Office Rent Other Rent Charges Advertising Recruitment Others Ministries Catering Minibus Evangelism Job Club Media / Worship Kids Club King's Kids Jewels Sunday Children Various Governance Costs FM Conference Payments Liability Insurance Independent Examiner DBS & Miscellaneous |
2022 £ 26,942 2,560 1,656 31,158 5,640 3,710 128 331 268 10,077 320 1,158 840 1,597 829 589 313 45 104 0 137 5,932 3,118 1,940 500 343 5,901 |
2021 £ 25,316 5,022 1,526 |
2021 £ 25,316 5,022 1,526 |
|---|---|---|---|---|
31,864 |
||||
| 1,880 1,305 291 0 37 |
||||
| 3,513 | ||||
| 243 0 300 2,140 643 0 0 0 95 24 |
||||
| 3,445 | ||||
| 4,305 745 500 287 |
||||
| 5,837 |
(Page 7)
Section I Notes to the accounts (continued)
| 5 | Tangible Fixed Assets Cost or Valuation at 1 January 2022 Additions at 31 December 2022 |
Unrestricted Freehold Property £ 180,000 180.000 |
Equipment £ 4,002 368 4,370 |
Minibus Total £ £ 7,232 191,234 368 7,232 191,602 |
Minibus Total £ £ 7,232 191,234 368 7,232 191,602 |
|---|---|---|---|---|---|
| 191,602 |
Accumulated depreciation and replacement provisions
Capital equipment is depreciated on a straight line basis over four years.
| at 1 January 2022 charge for year at 31 December 2022 at 31 December 2022 |
- - 180,000 |
£ 2,225 1,092 3,317 1,053 |
£ 7,232 7,232 |
£ 9,457 1,092 10,549 181,053 |
|---|---|---|---|---|
6 Property Valuation
The Property of 42 Moorhey Drive was re-valued in 2011 and has been shown at its valuation of £180,000.
7 Debtors and Prepayments
Analysis of debtors and prepayments falling due within one year
| 8 9 |
Prepayments Insurance paid in advance Manse Insurance Gift Aid due Minibus Licance & Insurance Other Prepayments Creditors and Accruals Independent Examiner's Fee Rent Other Creditors Designated Building Fund Balance at 1.1.22 Restricted Giving in Year Balance at 31.12.22 |
2022 £ 845 334 730 487 277 2,673 2022 500 317 147 964 2022 10.171 0 10,171 |
2021 £ 764 320 929 0 269 2,282 2021 500 582 409 1,491 2021 10,171 10,171 |
2021 £ 764 320 929 0 269 |
|---|---|---|---|---|
| 2,282 | ||||
| 2021 500 582 409 |
||||
| 1,491 |
(Page 8)
| Section I Notes to the accounts(continued) |
Section I Notes to the accounts(continued) |
Section I Notes to the accounts(continued) |
||
|---|---|---|---|---|
| 10 | Restricted Funds Balance at 1.1.22 Income Paid out during year - Balance at 31.12.22 |
2022 1,578 7,519 6,004 3,093 |
2021 1,000 2,097 -1,519 1,578 |
(Page 9 )
Section J Statutory Policy Statements to the accounts
1 ACCOUNTING POLICIES
INCOMING RESOURCES
Grants, donations and investment income are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources and any conditions for performance, delivery or receipt are met; and the trustees are reasonably certain they will receive it; and the trustees are reasonably certain that the monetary value can be measured.
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported gross in the SOFA.
Incoming resources from tax claims are included on the SOFA at the same time as the gifts to which they relate.
EXPENDITURE AND LIABILITIES
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
Governance costs include payments to FMC (UK), insurance and the costs of the preparation and examination of statutory accounts.
ASSETS
Tangible fixed assets have this year been capitalised if they can be used for more than one year. They are valued at cost less provision for depreciation over a 4 year period. Several small items of equipment have been treated as revenue expenses and included in Pastoral Expenses
2 ADDITIONAL DISCLOSURES
The charity does not have any material commitments not provided for in the accounts.
The charity has not given any guarantees to third parties that could be called on at year end
Sufficient resources are held in an appropriate form to enable each fund to be applied in accordance with the restrictions imposed.
3 FRS 102
The accounts have been prepared on an income and expenditure basis in accordance with Financial Reporting for Small Entities (FRS 102) as directed from 1st January 2016.
(Page 10)
Pe'OrthTh Fret Trltthodist Church eDdent E%anJin¢r' s ort to the Trustees of Penworthxm Free Thlethodist Chiirch Inde We reNrt on the accAiunts (Jt thc charAty t'or the Ye end 31 December 2022 set orj pagei 1106. Charity numbcr 701 133. Respective Tpsponsibilitie¥ of trultees and eKanbin¢r the cbarity'5 Ixustees you are reiponsible for the preparalion of Ihc 8ccount1 you C$]der that the audit Irquit¢m¢llt of s¢vtion 144 12) vf ¢h¢ Churiti¢S Art 101 i (the a) do Lot &pply and thai an independenl e)tion is ne£q1. 11 is QUT r¢srK)n$ibiliry to a) examine the acc(Mmts (undcr scclion145 of IhL Act):. bj tu follDW thL PtoLthlurt$ laid doivn in the Gcftcral Directions giN"en by the Cbarity Con]tni58ioneTS under 5e¢tioll145 (d) vf tl)e Ait: and ) to stat¢ Thqictlici" paTticular mth¢rb to our attgntson. B•si5 of indepelldent exAmlner's report Our CKemination w&$ CArrAed out in accordance with the (ien¢ral Directions %iTr'en the Charity Commigsioners exminalion iTh¢ludes a review of tho CoUnting r¢wrd8 kept by the -baritv and a comparisurh (If th¢ ilCLQ)unLN pre%ent with those fecords. It also includcs nsidcra11on of any unusual items or distilosur&5 irk th¢ acwunts. and s¢¢kiftg explanaiion5 frhm you as trysteL% (K)nmIng any such mattcr5. Th PTti(Axlure& U]e[l&kl do kn(Jt yr()vide &ll ihe evidencc that '0la bc rlUjd an aliL alld consequently we do not express an audit opinicn on the accounts. Independent exanthier's report lh¢ (x)uYS¢ of our examlnalioL no ftyaiter has come to our &ttLyJti0 .' i) ivhich V¢S S rcasonablc caus¢ to bclicvc thaL in anv n&t¢nal rl¢£*. the trustees have nol fftet the rwvirements to ensurc that oi proper &1¢¢1)ntir.8 re.¢Ta9 irc. l-epl. (ill Accnnlxnce with ctl{li) 1.In i?f the 2tJ11 AL.t)' b) ilWUlltS dr¥ prwaTed bvhith iigrcL willi IILL &knCOUllIiiTr rcLoIds and collwly witli th¢ accounting rcquirements of tke Art" or 2) whicN in our Dpinion, artenrion should be druwn in er w vnable a prn under%i3nd.;ng of The accounis to be reached. Milhliel J Siillivan FFA FTA FIPA FiE)unriul Avwvnt(uilb 24 Kiogswa} Wesl Pcnwonha PRI OLA 10 Ma). £023