THE METHODIST CHURCH ANNUAL REPORT AND ACCOUNTS (ACCRUALS …€¦ · Accruals Accounts 2018-2019 (ACCRUALS BASIS) ANNUAL REPORT AND ACCOUNTS THE METHODIST CHURCH for the year ended

1127787

Circuit No 35/39

Church

Accruals Accounts

2018-2019

(ACCRUALS BASIS)

ANNUAL REPORT AND ACCOUNTS

THE METHODIST CHURCH

for the year ended 31 August 2019

Epsom Methodist Church

Church Treasurer Mr Richard Smith

Mrs Ann Arthur

Mr Simon Jump

Church Stewards

Registered Charity - Registration number

Miss Sharon Lam

Rev Dr Mark Wakelin, Rev Ung Soon Nguang and Mr Chris ShawMinisters

Mrs Lisa Halstead

Mr Peter Thompson

Mr Jim Bosley

Mrs Val Imms

Mrs Kathryn Thompson

Mrs Jane Barden

IntroductionEpsom Methodist Church is situated in the middle of Epsom. It is part of the Sutton Circuit and the London

District. It is registered with the Charity Commissioners, number 1127787, and its affairs are governed by Deed of

Union (1932) and Methodist Church Act (1976). Its working name is EMC.

The Mission of the ChurchThe Mission Statement of Epsom Methodist ChurchOur purpose is to respond to God’s love in Christ for everyone by being a focus in the town for Christian teaching,

worship and care.

The Church Council is committed to enabling as many people as possible to worship at our church and to become

a part of our community. It maintains an overview of the life of the church and makes suggestions on how our

activities can involve the many groups that lie within our community in the town and around.

When planning our activities for the year, the Church Council has considered the Commission’s guidance on public

benefit and, in particular, the specific guidance on charities for the advancement of religion.

Review of the year September 2018 to August 2019The objectives below are for all ages, including children, young people and families. We believe God’s mission is

that the heavenly kingdom will come on Earth. We want to be a healthy growing church, playing our part in that

mission.

The five objectives below describe a five-year development plan for EMC and are unified by prayer.1) We worship: to articulate with all our hearts, our love of God in our worship prayer and service

• That there is a variety and richness of worship which is engaging, accessible, challenging and inspiring

• For each congregation to establish its own identity and also share a common vision and mission within the

whole church2) We learn: to deepen our relationship with God through Jesus Christ

• That we become better disciples, more devoted followers of Jesus Christ

• 90% of the congregation to be actively involved in small groups. This will mean an increase in the number of

groups and group leaders.

3) We care: to show and receive love and support

• That we support and help all members and others who need assistance in times of difficulty, illness, marriage,

bereavement and family breakup and at other times

• That every member is connected to one another4) We serve: that all use the gifts God has given them for the good of others

• For every member to be involved in serving; using the gifts God has given them according to their ability to do

so

5) We look outwards: for others to discover God’s love and power in their lives

• That lives are changed as people come to know Jesus

• That we reach out to others through a range of events and provide opportunities for non-members to

participate in events

• 200 new people attending worshipPrayer will be at the centre of all we do

TRUSTEES' ANNUAL REPORT

FOR THE YEAR ENDED 31 AUGUST 2019


The 12 Month Review

Objective Achievements from Sept 2018 to

August 2019

Future Developments from September 2019

We Worship •Development of special Celebration

Services such as Combined Evening

Celebration for Pentecost involving IC and

CCEMC

• Special days/times for Prayer such as

‘Prayer and Fasting Day’ in January and

‘Prayer for Pentecost’ morning in May 19

• More people involved in leading prayers

• More use of the Prayer Sheet in services

• Continued availability and use of Prayer

Ministry

• Sermons and biblical texts on the website

can now be downloaded

• Local Preacher/Worship meetings

continuing to meet quarterly to plan

themed preaching

• New members joining the music group for

10:30 services

•Part time organists available following

departure of regular organist in Spring 19

• Some provision for music when musicians

are not available

• Some new members so congregation size

remains relatively stable despite deaths

• Continue with special evening Celebrations such as

Harvest in September 19

• Development of Prayer Days with different themes

• Development of opportunities for groups to be involved

in services, such as House Groups, Uniformed organisations

• Offer opportunities for stories, testimony and leading

prayers such as in ‘House Group Services’ First one planned

for Nov 19

• More musicians to help with worship, especially organists

for 9am service

• Better provision of music when musicians are not

available

• Development of worship leaders allowing for different

styles for each service

We Learn • Some new people joining House Groups

• Mentorship for existing House group

leaders meeting at various times

• More publicity available for House Groups

• Study material linked to sermon series

provided for House Groups

•Prayer Course run in House Groups in

Autumn 2018

• Church Teaching Day, ‘Inspire’ in Jan 19

• Freeing the Community Hall from bookings

on Saturdays to facilitate training and

teaching opportunities

• Use of prayer sheet (placed inside Weekly

Notes) to inform and encourage the church

to be united in prayer each week

• ‘Books to Borrow’ continues with new

books (now located in the church near the

organ) and book reviews put on the web-

site

• Leadership Development Questionnaire planned by MAG

to recognise what is needed

• Training and mentoring for all in positions of leadership

including new House Group Leaders

• Develop understanding and value of ‘all member

ministry’

• Develop pattern of training and teaching schemes for

Saturdays

• Church Teaching Day with Rev Tony Miles booked for Feb

1st 2020

• Church teaching/discussion day planned for March 2020

on ‘Marriage and Relationship’ issues being discussed at

Conference 2020

• Continue to develop the Prayer Sheet by inviting more

input from group leaders


TRUSTEES' ANNUAL REPORT (continued)


August 2019


We Care •Pastoral team continues to meet with

invitation for more pastoral visitors

• Pastoral links ongoing and reviewed

• Connections with housebound church

members regularly monitored including

availability of extended communion

•Loss and bereavement Group meets

monthly and continues to flourish

• Establishment of Roots Chaplaincy to

provide an available listening service on

Tuesdays.

• Prayer ministry at 9:00 in addition to

10.30am services started

• Continued support and development for

Holiday at Home and Christmas Lunch

• Continued support for Food Bank plus

looking into involvement with ‘Hope into

Action’

•Continued support for charities throughout

the year such as Christian Aid with two

collections made this year (Christian Aid

Week and Harvest with 5x increase of

amount raised)

•Church toilets ‘twinned’ (including one by

the Scouts and one by the Guide groups)

with latrines in 8 different countries

• Ensure visits to housebound with harvest and Christmas

gifts in addition to usual contact

• Continued opportunity for welcome and hospitality to

new members

• Develop opportunities for sharing meals together

• Further development of Roots Chaplaincy to extend to

other days

• Restructuring of Care and Share and Monday Club to

form the Welcome Club on Thursdays from Sep 19

• Looking to develop ‘Hope into Action’ project alongside

other local churches

• Considering other Community projects such as ‘The

Community Fridge’ project

We Serve • Continued recruitment of volunteers in all

areas within the church, as people have to

step down and as new roles are created

• Affirmation of those in

leadership/volunteer roles

•Encourage mentoring especially in finding

new House Group Leaders

• Prayer at the start of the Leadership Team

meetings involving more people as we seek

to be aware of God’s Will and Purpose for

the church

• Leadership Away Day held at Wychcroft

and extended to include 12 people holding

positions of responsibility within the church

in addition to 10 members of the Leadership

Team

• Continued regular meetings and

mentoring for Roots Chaplains

• Develop service in the community through

projects such as ‘Hope into Action’

• Leadership development Questionnaire to help inform

further training for Autumn 19

• Continued encouragement, training and mentoring of

volunteers

• Develop pattern of ‘all member ministry’

• Training day for those willing to be Pastoral visitors

planned for Autumn 19

• Further development of Roots space for other groups




August 2019


We Look

Outwards

• Alpha Course run in January 19 on

Thursday evenings

•Follow –up group for Alpha in the Spring

• Prayer meetings held for Alpha whilst it is

happening

• Teaching and training on witness and

evangelism through ‘Inspire’ Teaching Day

• Involvement in ‘Taste and See’ Stall with

CtiE four times a year

• Temporary appointment of Children and

Family Project Worker to develop links with

families

•Children’s ‘Up Up and Away’ Holiday Club in

Aug 2019 plus special day events throughout

the year such as Duggie Dug Dug in April 19

(Easter)

•Developing outreach through Roots and

Roots Chaplains

• Using opportunities for outreach when

working alongside others at the Book Fair or

Christmas Lunch

•Stall with tracts, gospels and information on

children’s activities manned by someone to

initiate conversations during Book Fair

•Continuing to develop outreach through

Community Projects such as ‘Hope into

Action’

• Alpha Course in conjunction with UCA CU planned for

Autumn 19

• Recruiting new Children and Families Worker

• Continue with Children’s Special events eg Light Party and

Saltmine theatre in November

• More prayer regarding outreach such as the Prayer

meeting in Sep 19 for the Children and Family Work

• Continue developing outreach potential of Roots

• Develop outreach through working alongside others both

for the ‘Christmas Lunch’ and the ‘Book Fair’

• Develop outreach in the community through ‘Hope into

Action’ project

• Improve impact of notice-boards at the front of the

church

Prayer Many sections overlap but prayer undergirds

them all

Encourage more dependency on prayer in all areas



Events

September 18

October 18 Black History Month Circuit Service Sutton Trinity

November 18

December 18

January 19

February 19

March 19April 19

May 19

June 19

July 19August 19

EMC Families get together BBQ Market Stall OutreachEnd of Holiday Club Family Service

Prayer Course run in House Groups 6 sessions



Events taking place between September 2018 and August 2019

Readers’ TrainingHouse Groups socialHarvest Festival Service and tea

Leadership Team Away day at EMCAll Souls Service followed by refreshments

Welcome Lunch for newcomers to EMCBook FairBook Fair Party

Family Parade Remembrance SundaySaltmine theatre ‘Sleeping Beauty’ – family eventChristmas servicesChristmas Together lunchAlpha Course for 11 weeksDay of Prayer and Fasting followed by evening of Prayer and PraiseChurch Day ‘Inspire’

Holiday at HomeChildren’s Holiday Club ‘Up Up and Away’

Prayer for Pentecost morningPentecost Celebration Leaders’ Team Away Day at WychcroftCtiE ‘Taste and See’ Outreach stall

Duggie Dug Dug Science Party – Easter Family showChurch AGM Easter services, Maundy Thursday with meal, Good Friday with Walk of Witness

and Hot Cross buns, Easter Day

Christian Aid SundayRoots 2nd birthday celebration

` Summary of Regular Events and Publications at EMC

Frequency Event Brief DescriptionDaily Roots Café Open Monday – Saturday: 9-2pm

Ready Teddy Go Nursery: 5 days a week; in term timePrayer Pyramid To pray for urgent prayer issues Web site Up to date information about all Church activities, sermons Church Diary Displayed in Welcome area detailing lettings and events

Weekly Rejoice Choir Community Choir performing at services and in the communityMidweek Communion Open to all for worship, teaching and fellowshipSilent Prayer Open to all an invitation to prayerRoots Chaplaincy Listening service in Roots each Tuesday 10am-1pm

Wesley Quilters Quilting for pleasure, companionship and fundraisingGenesis People with babies and toddlers in term timeLittle Monkeys People with babies and toddlers in term timeGirl Guiding Rainbows, Brownie Guides, Guides, Senior Guides(5-25yrs)Scouts Beavers, Cubs, Scout troops, Explorer Scouts, Network (6-25ys)Foodbank Provides emergency food parcels for those in needMinistry of Flowers Delivering Church flowers for pastoral careSunday Services 9am, 10.30am, 2pm Chinese Worship, International Service, 5.45pm Café

WorshipJunior Church For 3-15 year oldsSunday Crèche For under 3 year olds during 10.30 serviceWeekly Notes Distributed at servicesPrayer Sheet Distributed at services

Fortnightly House Groups Growing in number for pastoral support, teaching and worship

Drop in on Tuesday Loss and Bereavement Support Group, supportive space for listening and being

heard, friendship and fellowshipMonthly Welcome Club Open to all, organised programme of speakers

Table Talk Open to ladies to chat over lunchMessy Church Children and Families on Wednesday 4-6pmPrayer Breakfast Prayer meeting over breakfast on Saturday morningsFocus Magazine 10 publications each year

Quarterly Children’s Day Events Open to all, crafts, play, adventure based on a biblical themeAnnually Book Fair Largest charity book fair in England

Holiday at Home 3 day meeting for fellowship and fun for the elderlyHoliday Club 4 day young people’s event with a biblical themeAll Souls Service For bereaved families with an association with EMC



Financial Performance Review

Budget

Income

Expenditure

Conclusions

General Fund

Book Fair Donations

Benevolence Fund

The Benevolence Fund is used for ministers to pay for charitable needs. Its current balance is £6,484. It is now topped up

from gifts. During the year, the Burden Bequest was closed and the balance of £413 was transferred to the Benevolence

Fund.Organ Fund

The organ fund was closed in November 2018 and its balance of £3,285 transferred to the Gifts and Memorials Fund.

Arising from the Book Fair, the following donations were made to supporting charities: Action for Children £8,250; EMC

Family Worker £6,750; Scouts £6,500; Guides £2,000; Hope4Malawi £3,200; Rainbow Trust £1,850; PHAB £1,750; Epsom

Food Bank £2,500; Garden Route Children's Trust £900. It contributed £3,000 to the church general fund for the use of the

premises.

TRUSTEES' ANNUAL REPORT (continued)Epsom Methodist Church

This fund (FCW) supports the appointment and cost of an FCW. Its current balance is £38,181. The annual (and last) grant of

£10,000 was received from the Sutton Circuit. The church is in the process of appointing a new FCW.

Gifts & Memorials Fund

This is an unrestricted fund holding mainly legacies and can be used for capital items in the church. The fund has been and

will be used to continue to employ a lay pastor. It has also funded AV further upgrades in the church and community hall

leaving a balance of £245,263 in this fund.

Development Fund

This fund had been used for the development of the premises. The balance of £25,260 was transferred to the general fund

and £1,074 was spent on the church's part in the development of a Scout store adjoining the Youth Hall. The remainder of

the fund, £24,186, will be spent before the end of 2019.

Families' and Children's Worker Fund

All expenditure was broadly within budget which included the additional funds required for the extra work on the rear

church kitchen. Expenditure included Mission and Outreach expenditure (less associated income) in 2018/19 compared to

prior years of £15,957, similar to 2017/18.

Each year the church sets a budget for income and expenditure which is approved by the Church Council. Our Budget for

2018/19 was for a deficit of about £30,000 to employ the surpluses arising from prior years. For 2018/19 we are budgeting a

deficit of about £20,000.

The giving from the church exceeded budget and the associated gift aid was very close to budget. The dividends received

were well above budget and the £210,000 placed in managed funds showed an increase of £3,940 due to revaluation. The

letting of the church flat has provided a gross income of £13,200. The income from the use of the premises by external users

was £79,257, well on budget. Letting income of £29,793, over budget, was also received from church users.

Thus, the actual income and expenditure for 2018/19 produced a loss of £17,374 (compared to the budget of a deficit of

£30,000) and resulted in the general fund falling to £200,024. This is above the required level of general reserves of

£126,262.

In addition, the Church has other designated (but unrestricted) funds, as set out below, amounting to £344,375. Thus, in

total, the Church has net current assets of £715,409 most of which is in cash and longer-term investments. (The year closed

with a total of £456,109 in all the trust funds of which £217,256 was in the Managed Mixed Fund and £238,851 in the trust

deposit fund). In addition, the Chinese Congregation has net current assets of £242,420.

As at 31 August 2018 the net current assets of the Church were £200,025, giving approximately 10 months cover for

expenditure.

Chinese Congregation Fund

This Chinese Congregation is an integral part of the church. However, they maintain their own accounts because of the specific

method of their operation. Their income is from the regular giving of the congregation. Their expenditure is mainly their

contribution to the main church for their use of the premises and for the future support of the ministry.

Valuation of Properties

The church was included in the balance sheet at historical cost for the first time in 2015/16.

Reserves PolicyThe Reserves Policy for the Church is to hold a minimum sum equivalent to 6 months’ average expenditure. This should be

sufficient to meet any unforeseen item of major expenditure on the assessment and to be able to continue, in the short term,

funding planned activities in the event of any inability to raise the funds from the giving of the church and the use of the

premises.

Plans for 2019/20

Church financial plans for the coming year have been prepared on the basis of a required income of £289k. It is anticipated that

the main income £112k will come from collections, £26k from Gift aid and £93k from all users of the premises. As mentioned

above the Church Council recognises the need to use some of the surpluses which have been generated in prior years and is

budgeting for a deficit of just over £23,000 for 2019/20. This includes a addressing the lighting in the church. Routine

expenditure on the premises amounts to about £20,000 each year.



Basis of preparation and legal framework


1127787

30th January 2009

Church OfficeEpsom Methodist ChurchAshley RoadEpsom Methodist ChurchSurrey KT18 5AQ

Jacob, Cavenagh and Skeet

5 Robin Hood Lane, Sutton, SM1 2SW

Central Finance Board of the Methodist ChurchTrustees for Methodist Church Purposes



Mr Richard T Smith acted as the principal officer overseeing the day to day financial mangement and accounting for the

church during the year.

Independent examiner

Investment Bankers

The members of the Epsom Methodist Church meeting are the Charity Trustees , membership being made up of church

office holders, Minister and representatives appointed by the church at the Annual General Meeting.

The Charity’s annual report and accounts for the year ended 31 August 2018 have been prepared in accordance with the

Charities Act 2011 and the Charities: Statement of Recommended Practice 2015 as applicable to the Financial Reporting

Standard(FRS 102) 2015

The full list of current Church Council members and key lay employees is shown in Appendix A to this report. The full list of

those who served during the year is shown in Appendix B.

Full Name of Church

Registration Charity Number

Date of registration

Main communication address



Aims and organisation

The Charity objective is:

Provide public acts of worship and sacred space for church members and non-members.

Worshipping God through prayer, song and other acts of worship.The organisation and resourcing of regular public acts of worship open to members of the church and non members alike.

Teach Christianity in sermons, courses and small groups.Visit the sick and bereaved.Promote Christianity in events and services.Provide children, youth, parents and senior citizens with a Christian ethos.

Taking religious assemblies in local schools.

Promote the mission of the church in activities for older people, parents, nursery and toddler groups.Support specific charities in the UK and overseas financially and with prayer.

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 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 or ancillary to The Methodist Church

This is carried out in Epsom Methodist Church through:

The teaching of Christianity through sermons, courses and small groups.The resourcing of pastoral work including visiting the sick and bereaved.

Promotion of Christianity through the staging of events and services.Provision of chaplaincy services to local schools, care homes and other institutions as appropriate and when able.

Scout and Guide groups

We confirm the trustees have had regard to the Charity Commission’s guidance on public benefit.

Public Benefit

The governing document for the church is the Deed of Union (1932) and Methodist Church Act (1976)

Detailed governance arrangements are outlined within the Constitutional Practice and Discipline of the Methodist Church by order of

the annual conference (CPD).

Day to day management of the church is undertaken by the Church Stewardship team along with the Minister.

The Trustees are appointed at the AGM of the church.

Trustee Training

A range of guidance produced by Methodist Connexion to support the effective running of the church , specifically the leaflet ‘The

Role of a Trustee in The Methodist Church’ is given to all new Church Council members as induction to their role as trustees.

Related PartiesThe Church is part of the Sutton Circuit which is part of the London District and is also accountable to the

Methodist Conference.The internal organisations linked to this church are:

Genesis, weekly morning group for parents and toddlersChinese Congregation and all their related groups

Welcome Club, monthly mid-week afternoon group for older folkLittle Monkeys, weekly morning group for parents and toddlersRoots Coffee Shop, church open weekdays for refreshmentsNursery - Ready, Teddy, Go, nursery meeting every weekday morningWesley Quilters, weekly sewing groupTable Talk, monthly meeting for mothers

Epsom Methodist ChurchTRUSTEES' ANNUAL REPORT (continued)

The Trustees' Annual Report was approved by the Church Council on 22nd January 2019 and signed on behalf of the trustees by:

Church Council Chairman

Rev Dr Mark Wakelin

Risk Management

The major risks have been identified and recorded by the Trustees with professional advice taken as required. There is a regular

annual review process undertaken and recorded.

• We will seek to work with anyone who has suffered abuse, developing with them an appropriate ministry of informed pastoral

care.

• We will seek to challenge any abuse of power, especially by anyone in a position of trust.

• We will seek to offer pastoral care and support, including supervision and referral to the proper authorities, to any member of

our church community known to have offended against a child, young person or vulnerable adult.

Income and Expenditure is being monitored in total and is compared with the approved annual budget on a quarterly basis to

detect trends as part of the risk management process to avoid unforeseen calls on reserves.

• We will carefully select and train all those with any responsibility within the Church, in line with Safer Recruitment principles,

including the use of criminal records disclosures and registration with the relevant vetting and barring schemes.

• We will respond without delay to every complaint made which suggests that an adult, child or young person may have been

harmed, cooperating with the police and local authority in any investigation.

Safeguarding

• In all these principles we will follow legislation, guidance and recognised good practice

Methodist Connexional practice outlines commitment to the following principles:

The Epsom Methodist Church commits itself to ensuring the implementation of Connexional Safeguarding Policy; government

legislation, guidance and safe practices.The Epsom Methodist Church commits itself to the provision of support, advice and training for lay and ordained people that will

ensure people are clear and confident about their roles and responsibilities in safeguarding and promoting the welfare of children

and adults who may be vulnerable.

Every person has a value and dignity which comes directly from the creation of male and female in God’s own image and likeness.

Christians see this potential as fulfilled by God’s re-creation of us in Christ. Among other things this implies a duty to value all

people as bearing the image of God and therefore to protect them from harm.

• the care and nurture of, and respectful pastoral ministry with, all children, young people and adults

• the safeguarding and protection of all children, young people and adults when they are vulnerable

• the establishing of safe, caring communities which provide a loving environment where there is informed vigilance as to the

dangers of abuse.

Name of Church Epsom Methodist Church

Statement of Financial Activities (SOFA) for the year ended 31 August 2019

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Total

2018-19

Total

2017-18Income and endowments £ £ £ £ £ £ £Donations and legacies

Offerings 112,367 - 112,367 111,614

Donations 8,329 79,510 116,034 451 204,324 203,008

Gift aid 25,074 3,366 1,249 124 29,813 30,704

Legacies 14,434 14,434 -

Investment income 2 8,215 1,195 4 52 9,466 9,577

Income from use of the premises 3 79,257 79,257 86,023

Other income

Internal organisations 3 15,793 15,793 14,625

Other charitable income - 309 309 -

Total income and endowments 249,035 84,071 131,717 888 52 465,763 455,551

Expenditure

Grants and donations 4 3,500 1,099 33,067 3,285 40,951 33,489

Circuit assessment or share 109,359 109,359 109,329

Salaries and associated costs 5 60,147 35,200 44,217 139,564 156,402

Property expenses 6 84,020 35,773 - 119,793 130,630

Office expenses 7 4,276 4,276 6,007

Depreciation 1,658 12,960 14,618 12,028

Other expenditure 8 21,389 29,106 21,551 609 447 73,102 58,365

Total expenditure 284,349 65,405 147,568 3,894 447 501,663 506,250

Net (Expenditure)/Income before investment gains/losses (35,314) 18,666 (15,851) (3,006) (395) (35,900) (50,699)

Net gains/(losses) on monetary investments 3,940 - - - 218 4,158 9,734

Net gains/(losses) on investment properties - - - - - - - Net income/(expenditure) and net movement in funds before

other gains and losses (31,374) 18,666 (15,851) (3,006) (177) (31,742) (40,965)

Transfers between funds 9 14,000 (11,000) (3,000) - - - -

Other recognised gains/(losses) - - - - - - -

Gains/(losses) on revaluation of fixed assets - - - - - -

Actuarial gains/(losses) on defined benefit pension schemes - - - - - - -

Net movement in funds (17,374) 7,666 (18,851) (3,006) (177) (31,742) (40,965)

Total funds brought forward 2,122,852 219,372 361,988 10,647 6,198 2,721,057 2,762,022

Total funds carried forward 2,105,478 227,038 343,137 7,641 6,021 2,689,315 2,721,057

35,708 31,477 35,708 31,477

- -

For information only Money received and passed on to External OrganisationsBalance brought forward from last yearOfferings/Gifts - received for External OrganisationsOfferings/Gifts - passed to External OrganisationsBalance carried forward

Unrestricted

General Fund

Chinese

Congregation

Fund

(Restricted)

Designated

(Unrestricted)

Restricted

Funds

Endowment

Funds

Totals this year Totals last year

£ £ £ £ £ £ £

Notes

Church buildings BS1 1,905,444 1,905,444 1,905,444

Equipment BS1 5,724 59,832 65,556 54,274

Investment properties

Investments BS2 10,000 6,022 16,022 16,198

Total fixed assets 1,921,168 59,832 6,022 1,987,022 1,975,916

Current Assets

Debtors and Prepayments BS3 44,363 44,363 57,721Investments with TMCP BS4 90,361 283,305 373,666 456,107Central Finance Board Deposits BS4 55,925 185,655 7,642 249,222 216,799

Cash at Bank and in hand BS4 27,357 56,766 84,123 46,914

Total current assets 218,006 242,421 283,305 7,642 751,374 777,541

Creditors (due in under 1 year) BS5 33,695 15,383 49,078 32,401

Net current assets (liabilities) 184,311 227,038 283,305 7,642 702,296 745,140

Total assets less current liabilities 2,105,479 227,038 343,137 7,642 6,022 2,689,318 2,721,056

Loans and creditors due after 1 year

Provisions for liabilities and charges

Net assets 2,105,479 227,038 343,137 7,642 6,022 2,689,318 2,721,056

Funds of the Church

General Fund (Unrestricted) BS6.1 2,105,479 2,105,478 2,122,851

Chinese Congregation (Restricted) BS7.1 227,038 227,038 219,372

Other Designated funds (Unrestricted) BS6.2 343,137 343,137 361,988

Other Restricted funds BS7.2 7,642 7,641 10,648

Endowment funds BS8 6,022 6,021 6,198

Total Funds 2,105,479 227,038 343,137 7,642 6,022 2,689,315 2,721,057

Balance Sheet as at 31 August 2019

Tangible Fixed Assets*


i Basis of accounting

ii Public benefit entity

iii Basis

iv

v

vi

vii

viii

ix Tangible fixed assets

x Monetary Investments

xi Receivables and Payables; Bank and Cash

xii

The Church's investments are deposited with TMCP as custodian trustees. The valuations, at market value, are those provided

by TMCP.

Debtors are stated at the amounts owed to the Church or prepaid by the church. Creditors are recognised at the amount

expected to be settled.

Methodist Connexional Funds

The church pays an assessment/share quarterly to the Sutton Methodist Circuit. The District (a group of contiguous circuits)

quarterly remits to The Methodist Church Fund most of the sum received from the Circuits. A small sum is retained by the

District to meet its own costs.

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), SORP(FRS102), as

amended by Update Bulletin 1, and the Financial Reporting Standard applicable in the UK and Republic of Ireland, FRS 102.

The freehold and/or long leasehold property is shown in the accounts at deemed historical cost representing the property's

gross carrying value at time of being built. No depreciation is provided because the trustees consider the residual value of the

property in its present condition to be not less than its insurance cost and, in the absence of any evidence of impairment, any

depreciation provision for the buildings component of the property would be immaterial.

Expenditure

VAT

These are capitalised if they can be used for more than one year, and individually cost at least £1.000 and are written off over a

specified number of years.

In accordance with the Charities SORP (FRS 102), the time of volunteers is not recognised. Further information on this matter is

provided in the Trustees' Annual Report.

TMCP is the legal owner and custodian trustee of all Methodist model trust property, including legacies, endowments and

accumulated funds. Trust property is held for and on behalf of local managing trustees who are responsible for the day to day

management of trust property. TMCP ensure that, through providing guidance and acting under their direction, the managing

trustees comply with charity law and Methodist law and policy as determined by the Methodist Conference.

The funds that support the Church's other funds (as listed below) are held by TMCP in trustees interest funds on which interest

is credited to the accounts each month. These are regarded as medium and long term investments.

Going concern

The financial statements have been prepared under the Charities Act 2011 and the 2008 accounting and reporting regulations in

order to be able to show a true and fair view, as required by the regulations.

This is recognised when a liability is incurred, or a constructive obligation arises, where the amount is reliably measurable and it

is considered more likely than not that there will be an outflow of economic benefit.

Income is brought into account when there is entitlement, the amount is reliably measurable and it is more likely than not that

the economic benefit of the income will be forthcoming.

Since the Church is not VAT registered, all input VAT is charged with the expenses to which it refers.

Based on the monetary assets and human resources available at 31 August 2018, the trustees believe that the Church is a going

concern.Income recognition


1 Basis of accounting and accounting policies

The Epsom Methodist Church meets the definition of a public benefit entity under FRS 102. It is an unincorporated charity with

a main address of Epsom Methodist Church, Ashley Road, Epsom, K18 5AQ.

These accounts have been prepared on the basis of historical cost except that investments are shown at their market value at

the end of the year. The accruals basis has been used and trustees present accounts that show a true and fair view of the

Church's financial position and activities. The financial statements are prepared in pounds sterling rounded to the nearest

pound.Charities Act

Notes to the Accounts

2General Chinese Restricted Endowment 2019 2018

Interest 1781 1,781 1,645Dividends/Fixed interest received 6433 6,433 7,191Chinese Congregation CFB 1195 1,195 696Restricted funds 4 4 2Endowment funds 52 52 43Total 8,214 1,195 4 52 9,465 9,577

3

2019 2018External lettings 64,534 72,823Rent from flat 14,723 13,200Total 79,257 86,023

4General Chinese Designated Restricted 2019 2018

500 0600 0

1,350 0300 0750 3,500 3,500

1,099 1,099 2,52633,067 33,067 27,463

3,500 1,099 33,067 0 37,666 33,489

5 Salaries and associated costs

General Chinese Designated 2019 2018Salaries 55,470 40,376 95,846 96,914National Insurance Contributions 2,238 2,389 4,627 6,223Pension Fund Contributions 2,439 1,450 3,889 4,504Chinese ministry 0 35,200 35,200 48,761Total 60,147 35,200 44,215 139,562 156,402

6General Designated Restricted 2019 2018

Cleaning 27,090 27,090 25,832Maintenance and Repairs 34,371 35773 0 70,144 86,039Utilities 12,286 12,286 12,690Insurance 6,365 6,365 5,614Flat 3,908 3,908 455Total 84,020 35,773 0 119,793 130,630


The income from the use of the premises by outside users was £72,823. In addition the trustees have determined that the

caretaker's flat is to be made available for letting on the open market. Its rental income covers the cost of day to day expenses. The

rental income was £13,200 for the year. These total £86,023. In addition to these, £28,625 was received from church organisations

who make a contribution (not a charge) towards the use of the premises.

Interest and income from investments

Income from use of the premises

Grants and Donations

Notes to the Accounts

Methodist Church Mission in Britain Fund

Book Fair donations to charitiesDonations supporting Chinese ministry

Property expenses

Salaries were paid to 7 staff and were as follows:

Methodist Ministers' Housing FundSupport for Presbyters and Deacons

Total

Methodist Church Property FundMethodist Church Training Fund

Mr Michael Arthur, the husband of the trustee Mrs Ann Arthur, was paid gross wages of £2,937 (2017:£2,637) for his work as a

caretaker during the year.

The Chinese ministry is a payment to the Sutton Methodist Circuit for the full cost of the ministry. This comprises stipend, expenses,

manse rent, council tax and water rates.

7 Office expenses

2019 2018Telephone 1,478 1,477Administration 1,598 3,630Accounts examination 1,200 900Total 4,276 6,007

8

General Chinese Designated Restricted Endowment 2019 2018

Outreach 20,477 20,477 19,763

Charges on trust funds 912 447 1,359 890

Roots running costs - - -

Roots setup costs - - -

Expenses 21,551 21,551 18,486

Sundry costs 29,106 609 29,715 19,226

Total 21,389 29,106 21,551 609 447 73,102 58,365

9

BS1

1914 £7,7001959 £18,0001962 £5,5291968 £3,2581984 £37,0002008 £1,280,1572012 £553,800

£1,905,444

Church (non investment) land

and buildings

Church (non

investment)

land and

buildings

Other non

investment

land and

buildings

Investment

properties

(land and

buildings)

Other fixed

assets

including

motor

vehicles

Fixtures,

fittings and

equipment

Payments on

account and

assets under

construction Total£ £ £ £ £ £ £ £

Balance brought forward 1,905,444 - 111,198 2,016,642 Additions 25,900 25,900 Balance carried forward 1,905,444 - - - 137,098 - 2,042,542

Accumulated depreciation Balance brought forward 56,923 56,923 Depreciation charge for year 14,618 14,618 Balance carried forward - - - 71,541 - 71,541 Net book value Brought forward 1,905,444 - - - 54,275 1,959,719 Balance carried forward 1,905,444 - - - 65,557 1,971,001


Church Buildings

The church and other buildings have been valued at build price for each of the stages of their development. These

are the stages recorded:

The Insurance value of the church at 31st August 2018 is £5,317,344.

Church buildings and other major property

Total

Transfers between funds

The boiler and fire doors are written down annually by 10% and the rest by 20% on a straight line basis.

Other expenditure

Original build costConstruction of church hall and caretakers flatConstruction of transeptConstruction of vestibuleConstruction of Leyland RoomsChurch development phase 1 – addition to church and welcome area. Church development phase 2 – youth hall

The Chinese Congregation made a payment of £11,000 to the church general fund for the use of the premises and £6,743 towards

the cost of the AV equipment.

The Book Fair contributed £3,000 to the church general fund for its extensive use of the premises.


BS2 Investments

Change in investment values

2019 201816,198 16,167

52 43447 12

Net gain(loss) on revaluation 218 016,021 16,198

2019 2018456,109 438,774

1,473 1,2866,433 7,191

0 8780 00 0

3,940 9,734467,955 456,107

2019 2018238,851 238,852217,256 217,257456,107 456,109

BS3 Debtors and Prepayments

2019 201832,500 43,975

9,139 9,444 - -

765 498 303 228

1,656 3,576 44,363 57,721

BS4 Analysis of cash at bank

2019 2018Working Funds

24,527 6,057 2,830 3,774

- - 55,571 37,083 63,567 34,510

186,850 182,289 Deposit Funds

43,062 41,514 297,367 382,586

33,237 32,009 - -

- 194 - 22

6,022 5,983

713,033 726,021

Burden Bequest, Hudson Bequest and National Savings Investment Bond

Carrying (market) value at beginning of yearAdd Interest on investmentsAdd Dividends/fixed interest received

Carrying (market) value at beginning of yearAdd: additions to investments at costLess: disposals at carrying value

Carrying (market) value at end of year

Less: disposals at carrying value

Unpaid tax and NICUnpaid utilities

Deposit and Investment Funds at TMCP

Carrying (market) value at end of year

Less: administration chargeAdd: additions to investments at cost

Balances in TMCP funds by deposit and investment

Net gain/(loss) on revaluation

Balance in Investment fundTotal

Balance in Deposit fund

Bank balance held in CAF Bank (General fund) Bank balance held in HSBC (Development fund)Bank balance held in HSBC (Chinese Congregation)

Total cash and bank

Trust fund 17544Trust fund 19520Trust fund 20912

CFB fund (English Congregation)CFB fund (Chinese Congregation)

Trust fund 19416Endowment FundsBurden Bequest (trust fund 1210)Burden Bequest (HSBC Bank)Hudson Bequest (trust fund 21290)

Bank balance held in HSBC (General fund)

Total debtors and prepayments

Prepaid assessments and deposit for organGift Aid due on General and other fundsGift Aid due on Chinese congregation funds

Other debtors


BS5 Analysis of current liabilities and long term creditors

2019 20180 00 0

27,263 25,2605,232 6,2411,200 900

15,383 049,078 32,401

BS6

BS6.1

Fund NameOpening

Balance Income Expenditure Transfer

Investment

GainsClosing Balance

General Fund 2,122,852 249,035 284,349 14,000 3,940 2,105,478

BS6.2 Designated Funds

Fund Name Opening


Revaluations

gains/lossesClosing Balance

Book Fair 540 42,672 42,567 - - 645 Roots - 55,832 56,617 - - (785)Families' & Children's Worker 22,053 25,279 9,151 - - 38,181 Gifts & Memorials 292,502 14,434 61,673 - - 245,263 Equipment 46,893 25,900 12,960 - - 59,833

Totals 361,988 164,117 182,968 - - 343,137

Provision for Chinese Congregation

The purpose of the Book Fair is to generate funds for donations to charities and is the church's main fundraising

activity. The balance retained is for setting up the following year.

During the year the church purchased outright a new Yamaha grand piano for £19,500. This is being written off over

10 years. The church also purchased a Viscount electronic organ. The total cost will be £25,900 but since it could not

be delivered before the end of the financial year, a deposit was paid of £7,700. The remaining £18,200 will be paid

when it is delivered and satisfactorily installed.

Total

The General Fund received by transfer £11,000 from the Chinese Congregation for their use of the premises and

£3,000 from the Book Fair for their use of the premises.

Unrestricted Funds

General Fund

Roots Coffee Shop is the development of the original Coffee Cup. It provides a refreshment service to the local

community in a safe and friendly environment.

The Families' and Children's Worker had been working for the church for 6 years and 2017/18 was his final year of

his second 3 year contract. He had been funded by a grant from the Sutton Circuit Model Trust Fund and the giving

of the people of the Epsom Methodist Church. The Book Fair made a donation this year of £6,750 following support

in previous years.

The Gifts & Memorials Fund receives bequests from the estates of church members and others who have died.

Equipment is mainly the gas boiler, audio visual equipment used on the church premises and the setting up of the

Roots coffee shop. The expenditure is the reduction in value as the equipment is written off.

The main asset of the fund is the original build value of the church, £1,905,444. In addition the General fund

maintains liquid assets which amount to £209,438 which are for use at the discretion of the trustees in the

furtherance of the general objectives of the Church and which have not been designated for other purposes.

Provision for committed kitchen refurbishment

Accruals for tax/NIC payments and invoicesAccount examination

Provision for replacement fire doorsProvision for committed development


BS7

BS7.1

Fund NameOpening


Closing

Balance Chinese Congregation 219,372 84,071 65,405 (11,000) 227,038

BS7.2

Fund NameOpening


Closing

Balance Benevolence fund 5,924 560 0 6,484Organ fund 3,270 15 3,285 0Small groups 1,454 313 609 1,158

Totals 10,648 888 3,894 0 7,642

BS8

Fund NameOpening

Balance Income Expenditure

Closing

Balance Burden bequest 216 219 435 0Hudson bequest 5,982 51 12 6,021

Totals 6,198 270 447 6,021

Internal OrganisationsOpening

balanceIncome Expenditure

Closing

balanceCricket Club 411 0 0 411Genesis 212 1,000 720 492Little Monkeys 1,169 1,933 1,990 1,112

Monday Club 198 302 500 0Nursery 44,407 105,748 100,993 49,162Table Talk 218 0 50 168Wesley Quilters 194 407 53 548

Totals 46,809 109,390 104,306 51,893

Funds of Other Organisations in the Church

The Organ Fund is for the purchase of a replacement organ.

The Church holds funds for small groups within the church's life where interest is earned for the funds from

being invested in the Central Finance Board Deposit Fund.

The Hudson Bequest arose from a bequest from Peggy Hudson where the funds are to be made available for

guide uniforms for those unable to purchase them themselves.

Restricted Funds

Endowment Funds

The Benevolence Fund is required by Methodist Standing Order 651 and is for the relief of poverty and distress.

All references to transfers are explained in section BS6.1 and BS6.3.

Chinese Congregation Fund

The purpose of the fund is for use at the discretion of the trustees in the furtherance of the general objectives

of the Chinese Congregation. Its main source of income is the giving of the Chinese Congregation both weekly

and by special collections. A transfer of £11,000 was made to the General Fund for the use of the premises and

a transfer of £6,743 to contribute towards new AV equipment.

Other Restricted funds

At 31st August 2018 the Church had capital commitments of £25,260 for the development of the premises.

No contingent liabilities were identified at 31st August 2018.

No loans and creditors due after one year were identified at 31st August 2018.

Capital commitments and contingent liabilities

Loans and creditors due after one year

Related party transactions

Name of related party Relationship Payments to related

parties during the

year 2018/19

Payments to related

parties during the year

2017/2018

£ £Fund for World Mission Connexion 415 0 Action for Children Connexion 8,447 8,371 Methodist Homes for the Aged Connexion 246 12 Ministerial Housing Society Connexion 750 750 Ministerial Training Connexion 600 600 Fund for Support of Presbyters & Deacons Connexion 300 300 Fund for Property Connexion 1,350 1,350 Mission Alongside the Poor Connexion 500 500 Epsom & Ewell Foodbank Charity 2,500 2,500 Epsom Methodist Scouts Church 6,500 6,500 Epsom & Ewell PHAB Charity 1,750 1,750 Hope4Malawi Charity 3,200 3,200 Church Families' & Children's Worker Church 6,500 6,750 Epsom Methodist Guides Church 2,000 2,000 Rainbow Trust Charity 1,850 1,850 Garden Roots Children's Charity Charity 900 900 Christian Aid Charity 1,970 0 Total 39,778 37,333

All transactions were donations.

During the year there was no:Income from related partiesLoans to or from related partiesAmounts owed by or to related parties on 31st August 2018


Income

Expenditure

Summary

●

●

●


Chinese Congregation Report

There has been a small increase in the Sunday offering from £59,355 to £59,551. The thanksgiving offering increased from

£6,930 to £8,102. Interest from the Central Finance Board fund was up by £499 on last year to £1,195. The gift aid return was

£11,764 compared with £11,832 from last year. This is offset by £8,398 which was recorded in 2016/17 and needed to be carried

forward reducing the total to £3,366.

Total income was up from £83,536 to £92,468 (6.9%). This reduced to £84,071 when the gift aid correction was made.

There are 2 main items of expenditure. The first is the support for Rev Ung Soon Nguang, our new minister who joined us three

years ago. This year the support was £35,200 which was contributed to maintain the Chinese Ministry Fund with a positive

balance. The decrease was due to there being grant income of £20,000 this year. There is expected to be grant support for the

next 2 years of £20,000 each year.

Inviting various and different outside speakers to meet our spiritual needs.

Further to this, £5,666 was given to support congregation members attending conferences.

Taking the £35,200 ministry contribution out, expenditure was up from £32,695 to £41,205.

Future contributions will be made in light of this extra support. That for 2019/20 is expected to be of the same order of £35,000

because grant support will be continuing. A contribution of £11,000 was made to Epsom Methodist Church for the use of the

premises during the year.

Our income comes mainly from the Sunday offerings, the gift aid refund, along with the thanksgiving and other collections.

Collections for missionary funds and other special offerings are also taken.

The expenditure has been mainly on the following:

Evangelism/mission - this includes the Market Stall and UCA outreach. There are various other events including the

Hastings ministry and support or offering for overseas work.

Christian education - encouraging members to read more spiritual literature and to support members attending training

courses and conferences.

Appendix A

Ministers

Secretary

Treasurer

(not trustee) Jane Rusis, Tom Rusis

Rev Dr Mark Wakelin, Rev Ung Soon Nguang, Mr Chris Shaw

Richard Smith

Stewards Team

The following are the current members of the Church Council (Managing Trustees):


Pastoral SecretaryCarol Stringer

Richard Chandra-Rajan

Liz Frost, Barbara Phillips, Steve Rebus, John Riley, Meryl Smith

Chinese CongregationVacant

Circuit Steward RepresentativeJan Angel

Elected Representatives

Property StewardsJacqui Raggett

Ann Arthur, Jane Barden, Jim Bosley, Val Imms, Simon Jump, Sharon Lam, Kathryn Thompson, Peter ThompsonLisa Halstead

Chairman of Resources CommitteeMr Andrew Jennings

Appendix B

Mrs Jan Angel Mrs Jacqui RaggettMrs Ann Arthur Mr Steve Rebus

Mrs Jane Barden Mr John RileyMr Jim Bosley Mr Chris ShawMr Richard Chandra-Rajan Mrs Margaret Sheils (resigned 13/04/2019)Mrs Liz Frost Mrs Meryl SmithMrs Lisa Halstead (appointed 13/04/2019) Mr Richard SmithMrs Val Imms Miss Carol StringerMr Andrew Jennings Mrs Kathryn ThompsonMr Simon Jump Mr Peter ThompsonMiss Sharon Lam Rev Dr Mark WakelinMrs Jane Liang (resigned 23/07/2019) Dr David Williams (resigned 13/04/2019)Rev Ung Soon Nguang Dr Jane Williams (resigned 13/04/2019)Mrs Barbara Phillips

The following are the trustees who served during the year and are appointed by the board as and when

necessary.


Date

13 Hazon Way, Epsom, Surrey, KT19 8HD

Richard T SmithName

DECLARATIONS

Treasurer

I confirm that I have prepared the accounts from the records of the Church and that they include all funds under the control of the

Church Council.

28th January 2020Signature of Treasurer


Signature of the Chair of the meeting

Date

Rev Dr Mark WakelinName of the Chair of the meeting

Presentation to the Church Council Meeting for approval.

28th January 2020I confirm that the Accounts were presented to the Church Council Meeting on

and were approved.

Address

1.

2.

3.

4.

Name

Signature

Date


Paul Newton FCA

Jacob Cavenagh & Skeet

5 Robin Hood Lane

Sutton

Surrey

SM1 2SW

the accounts do not accord with those records; or

the accounts do not comply with the applicable requirements concerning the form and content of accounts set out

in the Charities (Accounts and Report) 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; or

the accounts have not been prepared in accordance with the methods and principles 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 the Republic of Ireland (FRS 102)

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.

Independent Examiner’s Report to the Trustees of Epsom Methodist Church

I report to the charity trustees on my examination of the accounts of the Epsom Methodist Church (the Church) for the year

ended 31 August 2019.

Responsibilities and basis of report

As the charity’s trustees 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 Church’s accounts as carried out under section 145 of the Act and in carrying out

my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the

Act.

accounting records were not kept in respect of the Church as required by section 130 of the Act; or

Independent Examiner’s Statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the

examination giving me cause to believe that in any material respect:

Documents

THE METHODIST CHURCH ANNUAL REPORT AND ACCOUNTS (ACCRUALS …€¦ · Accruals Accounts 2018-2019 (ACCRUALS BASIS) ANNUAL REPORT AND ACCOUNTS THE METHODIST CHURCH for the year ended