METHODIST CHURCH IN TOWER HAMLETS

Charity number: 1134888
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The provision of sacred space (buildings) for prayer and contemplation. Supporting other charities in the UK and overseas financially and with prayer.

Income and expenditure

Data for financial year ending 31 August 2024

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Religious Activities
Who the charity helps:
  • The General Public/mankind
How the charity helps:
  • Provides Services
  • Acts As An Umbrella Or Resource Body
Where the charity operates:
  • Tower Hamlets

Governance

Registration history:
  • 12 March 2010: Previously excepted registration
Organisation type:
Previously excepted
Other names:
  • METHODIST CHURCH IN TOWER HAMLETS (Previous name)
  • TOWER HAMLETS METHODIST CIRCUIT (Previous name)
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

16 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Rev Jennifer Impey Chair 01 September 2021
BOW ROAD METHODIST CHURCH
Received: On time
POPLAR METHODIST CHURCH SICK & POOR FUND
Received: On time
QVSR SEAFARERS CENTRES
Received: On time
QVSR
Received: On time
Deacon Theresa Sam Trustee 01 September 2023
POPLAR METHODIST CHURCH SICK & POOR FUND
Received: On time
Lily Odartey Trustee 11 July 2023
None on record
Ella Sibley Trustee 16 May 2023
None on record
Susan Bothamley Trustee 19 February 2023
None on record
Nana Abrafi Trustee 01 September 2021
POPLAR METHODIST CHURCH SICK & POOR FUND
Received: On time
Rev Dr Jongikaya Zihle Trustee 01 September 2019
ROMFORD METHODIST CIRCUIT
Received: On time
HACKNEY METHODIST CIRCUIT
Received: On time
LONDON DISTRICT OF THE METHODIST CHURCH
Received: On time
FOREST METHODIST CIRCUIT
Received: On time
WEST LONDON MISSION METHODIST CIRCUIT
Received: On time
WESLEY'S CHAPEL AND LEYSIAN MISSION
Received: On time
CHURCHES TOGETHER IN ESSEX AND EAST LONDON
Received: On time
LONDON CHURCH LEADERS
Received: On time
Cheryl Gurnham Trustee 01 September 2019
THE WHITECHAPEL MISSION
Received: On time
Verna Coke Trustee 01 September 2019
None on record
Patience Yeboah Trustee 22 November 2016
POPLAR METHODIST CHURCH SICK & POOR FUND
Received: On time
Evelyn Louis Trustee 24 October 2013
None on record
JEAN PATRICIA THOMAS Trustee 27 June 2012
POPLAR METHODIST CHURCH SICK & POOR FUND
Received: On time
QVSR SEAFARERS CENTRES
Received: On time
JOHN SINGLETON Trustee
POPLAR METHODIST CHURCH SICK & POOR FUND
Received: On time
Dr Keith Aldred PHD, CPFA Trustee
THE WHITECHAPEL MISSION
Received: On time
LOUGHTON METHODIST CHURCH
Received: 1 day late
SHEILA PATRICIA DE WINTER Trustee
None on record
GLENDA ADAMS Trustee
None on record

Financial history

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Financial period end date

Income / Expenditure 31/08/2020 31/08/2021 31/08/2022 31/08/2023 31/08/2024
Total gross income £486.09k £280.92k £374.88k £435.32k £605.70k
Total expenditure £1.01m £931.42k £698.33k £575.43k £731.81k
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A £22.92k
Income - Donations and legacies N/A N/A N/A N/A £285.58k
Income - Other trading activities N/A N/A N/A N/A £0
Income - Charitable activities N/A N/A N/A N/A £93.89k
Income - Endowments N/A N/A N/A N/A £0
Income - Investment N/A N/A N/A N/A £226.23k
Income - Other N/A N/A N/A N/A £0
Income - Legacies N/A N/A N/A N/A £0
Expenditure - Charitable activities N/A N/A N/A N/A £670.76k
Expenditure - Raising funds N/A N/A N/A N/A £61.05k
Expenditure - Governance N/A N/A N/A N/A £5.88k
Expenditure - Grants institution N/A N/A N/A N/A £0
Expenditure - Investment management N/A N/A N/A N/A £61.05k
Expenditure - Other N/A N/A N/A N/A £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/08/2020 31/08/2021 31/08/2022 31/08/2023 31/08/2024
Own use assets N/A N/A N/A N/A £3.24m
Long-term investments N/A N/A N/A N/A £2.45m
Other assets N/A N/A N/A N/A £856.71k
Defined benefit pension scheme asset or liability N/A N/A N/A N/A £0
Total liabilities N/A N/A N/A N/A £86.23k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 August 2024 24 March 2025 On Time
Accounts and TAR 31 August 2024 24 March 2025 On Time Download Open in new window
Annual return 31 August 2023 16 May 2024 On Time
Accounts and TAR 31 August 2023 16 May 2024 On Time Download Open in new window
Annual return 31 August 2022 08 June 2023 On Time
Accounts and TAR 31 August 2022 08 June 2023 On Time Download Open in new window
Annual return 31 August 2021 26 May 2022 On Time
Accounts and TAR 31 August 2021 26 May 2022 On Time Download Open in new window
Annual return 31 August 2020 23 April 2021 On Time
Accounts and TAR 31 August 2020 23 April 2021 On Time Download Open in new window
Submit annual return Open in new window

Contact information

Address:
Bow Road Methodist Church
1 Merchant Street
LONDON
E3 4LY
Phone:
02088807301