Chath T•glstration numlw 1128118 l£ngland and BRUNSWICK METHODIST CHURCH ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 BRUNSWICK METHODIST CHURCH LEGAL AND ADMINISTRATIVE INFORMATION Tn￿t J Kels Jmaw R Cowh J Atherton RWI scr￿11 K G4fi1an H CtApm E Twnperley R•vAWlkw￿￿ Iwnted 1 September 20241 IAwnled 15 M#y 20251 (Appomted I Seplember 2025 Iwinlod 16 May 20x1 Oeacw W Toppirva Ch•rtty r•qi•tr•tlon Eryland and Vlal88 1128118. Pdnelpal 4ddre Bruns￿ Me1hcrfJ￿ ch￿￿￿ BrLffiSw￿ Plac* N¢￿￿tr upon Tyn¢ TYM and IA*ar Erwnd NEI 78J l￿d+pon￿•￿t •x•mln•r FryTrwo)d Jesffrf)nd Tyr* #nd Engtsryj NE2 ITJ Barthors CeMr•l Finance 808rd 9 Bonhll S¢reet LuvKJ EC2A4PE Lloyds Ba￿ 102 Qkn Site¢l Newcaslk ￿0￿ Tyne NE1 &4G BRUNSWICK METHODIST CHURCH CONTENTS P•9• Tru8iees' rtwrt 1-10 IndepeTraent exa￿Une¢S rep 11 Statement of actfvttte 12-13 88laoce sheet 14 ￿￿e$ lo the finanthal *alen7¢nts 16-25 BRUNSWICK METHODIST CHURCH TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2025 The In*stees preseni ih¥v report and frync￿ 5tst•m•nts the yw tsxjed 31 Au9U512025. Ti* ffinanuol statements #A¥* been prepared In aceoroance wth the xeourthg poh¢xes set ojl in nole 1 lo the financLyI slalements and Ihe dwrty'5 Deed of UnwJfTr. the Chartt￿5 Act 2011 and "Accounling and Reporting by Chant*s Stalemeni ol Revjnmended PractKe aWie•t4e lo charrt￿ prepaw theif accounts in accordance with Financlal Remng Standaid applicabk Jn the UK and ReN*lc ol I￿land IFRS 1021" i•lf•thvè 1 J¥nuary 20191 Objectiv￿ •nd •ctf¥ltl•¥ The PLbrposes ol the Methodlst Chtsrth are shall bB deèmed lo have Lwn 51nce Ihe date of uniun the •dvancemenl ol - ia) the Chwi$lÈan lasth ￿ accoidancè ￿1h the d￿nal stand3rds and the ￿￿¢1￿1￿e ol the Aelhodigl Church. Ibl any ￿rF￿ fr)r the lim• being of any Conne%10￿1, d￿l￿¢t, circurt, local or tslher oiganisallon ol the Met*oth$i Church. Icl any tharitable purF¥Jse for the tfft of any soc4ety or mstl1ut￿n 8ub31duary ry ancdlary to the Melho(J151 Chts[￿l. Idl yuiw55e fw Ihe twne bew ot any ch811ty tery a chanty iubsidlary or awllary trj the Melhodisi Churth The trvslee$ have ￿ thie r8gaTd ¢0 gukJane4 158￿1 by In Lleckllnll a¢tfviite$ Ihtr charity $Tr70uld undertake Achl•v•m•nl• and porforni*K• Cfvei Ihe past month8, 8runSw￿ meth￿j151 Churd) h•$ ccrfinued lo expand the uv• of our IKerni&e OSS1518d by the colnp￿t￿n ol 10th8￿n wc4k to the fmr L￿tenry Po81 rooms In w kn￿￿1ng. Al Ihe sam bm• 8$ Ihe above work wa$ ¢omp*tsd. * rec*ved a fwm e￿UIry from a group Galed "Recovery Church. lo move into Ihe reltsrb￿hed spacé 'Reco%w Chwch, 1$ lnCthJ￿Vo ccrnunity lor those seek recovery trom all addidiong and ltrd by people ￿. Itr•msth#. lft w. 119•lhBrs lor iho puw of mulual 8ucwrt. spiritual orowth and Dn-going d￿c￿hrfI The Newcasue expr•$Y￿ ol 'Re¢o4wy ChLrch' ts ol1w￿9 a t4uepn.nt lor cthimunlt%s whKh aTO Gtoss the UK This group 15 grtW41ng In numbers whith has been very encou*8ging to See and our new Diaconal Minister who Is to bE Sial￿ed lo our Cwcuil ift 2025 will gbve wpport tu this w(rt. UnS￿d¢ ￿thod1$1 ChuFch ¢c￿hnveS lo host • 5eecffid Ch4wTrknng KoryJ8r congre9at￿ wth whom we • devdopmg closer Itnks •s wt raWn￿e ow Shared c￿lIv￿ lo serve God In our tsty cenlre contexl as a mulli.cullural and intornaiional fror Itt￿ ￿a$rn. we have given trfne over tht5 past year lo consrfer new are35 01 ¢y055-cultural minLstry t*aded up by oui part-twne Lay These areas include bilingual bible 5tsJdies. the oniinuatyon ol our unil¢d acls ol worship and a shanr¥J of on Ihe part ol Ih06e In lE8de￿hp across oui two ongregolions. Th15 vBM)n will we trusl. LM)fvn hlyrt BwnswK* 9rtr￿ arn* Ihrbbts over th8 nèxt lo lfrn yeatg Newca$lle ChiTr?s• Church (Syrtn￿e￿ £3,1XK) I￿*4¥*J$ Iht tr￿leT F•placemenl appe•l. Owei the past ye8r a rnaior lun11ra￿lvj Inm'8live has teen overseen by our ChLrtI Trea5urei. Property Serrel¥ry aii(J f11i4111Le ComFnrtth Th15 was In suwort ol Ihe ￿5¢atta1￿)n of ne4V b)IlefS, Feplw the filed in 1980 Y*th Ihiee eco•friently b011ofS whith can ￿ ¢l￿Verted to hydrogen The (rAt cm m on JI r66,845 aTrJ vms fijnded by donabons Irom BfUll5v￿Cl and Chinesè church membu5 of £11.352 and five 9¥￿rouS grants iam Leech Chanty t1￿. C*hennt Cookson Fou￿[1￿1￿Jn £3.5tXI. 9enetsia Tw51 £19,41)O. Nc>rthumbrla Hrdtcffle Chuicli¥s TrusÈ £5.OCPJ and the CifoJJI Fleeting £18.593. Thwt W85 *so SUFPOrt offered by the Melhottisl Dislr&. Pwdhoe Stre&1 MiSs￿n aThl Tho Trustèès lor Melh(xlisl ChuTch Purposes Thts cwne on the back ol those alterations aFid o6tsw8l￿ lurxfiatytva io ieTu[L￿ the l(xmw Dstenthg Posi ropm5 menrIon￿ above costlng UTC3 £%J,(wJ BRUNSWICK METHODIST CHURCH TRUSTEES, REPORT ICONTINUED> FOR THE YEAR ENDED 31 AUGUST 2025 Profik olour Lxmmunty es 8t 31stA• 2025 55 church members.. 5040 WOFStrMW￿. 10.15 Fegular Fatvkno(* prayw partti'pantj.. esimated annual foottal of ctsnFmunity user8 ubbsm9 ow d￿r¢h buih*u= 6&70.IJ)O p*Wtr_ Age *xeakilo*n.' 70% ovw 6(ts. 20% 2ckeo,' >10 sludèntsfyoung ad￿￿$. Overvièw ol Lay Le•fjership Lay IM)rkÈf lof Cross£utttsral PAin15try120 hr5 p.wl. Lay Woyker lor Outreach- cea¥ed i April 2025 in anlKpabrx) ol a lYd•￿d tEing wilh ￿ IfLVTr September 7025 Ch(trch s￿￿d3- 3 w*mbers. Churth Leadernhlp Te•n- 8 membèrs.. ClrtKch C￿n￿- IS mÈmb8rn. Centre staffirvJ.' cent￿ Manager 130 his), 3 earetakef5 11 2 part-t*ne. t(￿171.6 hrs) and 1 Y￿UnIe secretary I I day ¥ 4￿ekI. we Const￿￿Y revv•i 51affing ￿e18 In￿lrY Team = PTesbyler10.S1, TT*O omr4)yed L•y ￿ lups BRUNSWICK METHODIST CHURCH TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2025 Flrkan¢l•l r•¥l•w One ot the tasks sei by Ihe Charibes 2011 oThJ ￿ Cltanty comMtss￿ is thal every year ihe Managff19 IfU4ee$ shoukj r#view 8nd il apyopviale aFs¥o¥e a reser*$ pollcy. The Iram¢woTk lor Ihe KB6erves f¢x 2￿24 12025, l has been uTrd&18d from 20fkQ3. Funds coTh from in¢t*no that the ctturch retsr￿ coNecbon5. renlal tn¢on*, leas¢s. c4tpfing and other ¢Jon3lions. •lc. They are fur Ihe ￿eral¥¥j costs af the chuich lassessmeni ￿ the Qicurt W￿"¢h Indtyjes Mintstors. 9￿pend. utility thar9es. ￿sUrance$. salw*B. rOuiV￿ aTr# m?tnlenance fflinof UPgfadin9 wwk. purchasèfy ol mthlngs wuipmBnLI The trustees are 3ware that 11 the church to dose thèro *￿Uld be a habldy to rAdiinrlgrry p•yrnvnls. Ihe trustees have not calculated whai IhK I￿lM"I1ty may be. s*xe Ihe Injslees th•1 church rK)t d05e. the in th￿ resp8¢t1s nil. Iruslèes ha￿ an on90iThJ pen$lDn 118tr4rty. In r¢5ppd cl pag1 ol an employee vthith 4wrtsunted io £30, 179 00 os al 301h SeFxember 2014 by 31st A￿[￿. 2021 Ihs h•d r*duwl lo £8.2(M) 202? È8.566 315t Augusl 2024 10 £286 and ty 31si Auguyt 2025 was £1,248 The 1fu9￿ are extingLH5hir4 Ihts Iwtsdity over a len yeaT ppri(M* Anrting ?n￿ Imi5ed frun 2024 by TPTI IThe fi9urn gfvan is lh• rngsl receTrl provthd ty Th¢ Ftn)h)n8 Tiusti, the iruslees have teen advisetl ihjt th? has txlended Should Ihè tsvslees no lonpr have •ny employee¥ wth an acbve ￿n$￿In ithal 6 who Is sllll conlributsngl then the 'vAthdrawal' clause WOU￿ be tnggeFed. the habilily as al 30th Septemb•f, 2020 w3s £X).199 53 and at 3(Mh September ?.0?4 £5,185 pobcy The resèrves pdri ol the trustees Is io hold an or1)￿*11att Proport￿ {i.e 40%> of ¢xpendrtUTe This Is awoximalefy £240.tXO pei year 1 40% = 1)rxi 11 ¢s the Inlenlion ol the K4anoging Tiuslees (The C*ur¢h Counr,Ill lo b￿ant* the bu¢#get and ret•n fÈwes. to meet bjth geneias wnning costs and kn(wn works on the pro￿nY that oui prol?￿M)nal ad¥tsofs and we congder These a￿ be*Jw Gen8ro1 Funr*ng costs £120.C(Kt16ee abJtyl IhilPSJI RISK POLICY Dynng ¢he year undei the Fmance c￿MIllett ￿CK￿l￿j reference lo Irrdtlafs •nd Ihe Mmlstsr levi￿ed the 'Rlsk p0￿cY statemenf wPw¢h covers t￿ lokng areas. FINANCIAL RISK The Chwch Councm ts laced TAth the 10th￿n9 fln8nd81 rffjks.. . dop*KJw ffi Iimthl Inci¥n8 sources Ifreth¥rfl gmng, Invest￿￿￿1 ¥Komè. room hires rent4ls coffee shop and dgnabonsl. m•no9ing Ihe rapilal fluctu•tDn4 ￿ lnv•Etn)￿t In¢orn• and rental inwfjc. wwbility Ip Oltrthd addi&￿7•1 ￿￿[14￿Vri> fiuiii 11 ge￿ra1 putllc and rnembers.. an unforeseen rise In dwnd lor evr￿￿￿re Ilor examFle on niaior rep#irsl an unlore￿n Inciease In aciu•rial shortfall ihe per6K*n fttnds ihe Church Coursul could be deern&J sponsible Iihe thurch Is already conlnbuiing to a shortlall TPTI a suslamed fall kn Ihe valtsE ol inve5tmenls and property hek1 by the Church and appe•nThJ m the baknc• theet OPERATION, REPIThATION AND STRATEGY In 202112022, Il was *Jefttsfi•d Ihe most ￿9￿rfIcan1 risks 85 19lknw Ingbilily to Gre8te iiew Meihodisl dssciples re$LQbrw Iri fu¢lli¥i der&ne. uiimaiety re5ulliry In the Mothodisi Ghuvrh rR351ng lo exist, loilure to provKle adequ*e resouices that *n8We the Managing T￿￿tee5 ol Brunsw¢k MelhDth5t Church lo dischar￿ rt5 fesporrslb￿￿Itt". the em￿rienCe ol (hJT CaknJ tails to be Inlegratett Inio ihe rn1$gion and miiiislry paihways ol the Churth. sudtten tharrfje m polity 01 strate9￿ dile￿￿￿Tr enlorced by The Church GouncH. del￿ndencY on lfftied iThGome sources Iioom hires, letbrfjs. coffee Shop Inves￿￿¢ uKome arnj donahonsl, Impact of economic flyctvabons on tKJr 055e15. liabthes and aknlity lo false fvnds to •nalAè u$ Irj c(Mrtinue OUT an unlofe5etn Increase In ihe acluarjal 5hortlall on the perwon lunds for %thich the Churth Counal ccrtthj be LleEmed Ftsporb51ble.' toss ol key pef50r¢nel. Il* ettects ol 'Lliexif and Ihe coronavirus pandern￿. M*iy 01th￿ nsks •1* hkely to femam equ4ty rthanl Uwougl￿uI 2026 and beythid. BRUNSWICK METHODIST CHURCH TRUSTEES. REPORT (CONTINUED FOR THE YEAR ENDED 31 AUGUST 2025 RISK MANAOEMEHT M¥llKwJ*i in Greai arna￿ has a nsk mana￿ern ￿)1￿, +•thi¢n has been Set by the ￿elh￿￿t Council lor use bolh by Ihe Trustees and by Lc¢81 Churche5 The rssk managemeni pdicy 15 deslgned lo identify and analyse key 6trategic and (vial￿nal Fsks laung the Methodtst Church and, at vnacCepla￿e vels 10 take steps 10 mrtEatÈ the nsks def¢ne key 51vategic nsk5 a5 those Ihal. withoul tifeciive OF appTOPflale mrtigaiion. are ￿ghlY like￿ 10 occur and would have a posibve or negabwe Imp8d on the Churth's abilsly to lulfil rts puipose of advanang ihe Chrtsi44n Iwlh In *£oftlanc4 wth Its doclrinèl slandaids, These nsks are reported to the Managing Tru$teÈs through a nsk manayemeni process, att()W5 Ihem both 10 Chai￿n9C any assumpt￿nS the Church Leadefship leam has made 3bthA iisks anfl a150 to understand the Guntsxt whith decisTrDns we taken Tlx$ helps to ensure Ihal tho mosl Seri￿ n5ks arè managed elkn8ly. Tho IIu5tee¥ rewgn18e that rt B ntrther po53*4e nor apwop*iaie lo seek lo eknmate risk eniifély. W& r•¢ognise Ihal rL%k-takin9 ffj ¢nhergnt task DI comrnunbcalry th& Gospel John Wesley himsell lopk Iisks in eslablshwvJ the Mèlhtxltsl crrtnmundw. (￿r task lhere10￿. ts lo emtxace nsks that Io aLfvaFy the f.hurch's puT￿se$ wh￿e ensutw ihol we avobl or minmise th0￿ nsks Ihat might have o negabve Inwact Effective TLSk ￿anagement woce53es will ￿1p lo Increas¢ Ihe *eknxxl ol th8 Churth lulflkng fij misston. Thè ria managemenl ￿port Is ￿v￿ed anrj rewsetl annu•lty. INVESTMENT POUCY Ihe Churth I•￿.n80 ITh11￿ ￿8￿r¥e5 most 01 gener•l¢d frum lh• wryu15Wy pvrthBse of No 19 Brunywck Pl￿e. The Clictht'$ fvee ￿serveS in Augusi 2025 were f.l 10 93912024 £95.0511. The procee¢Js ol sJe are mveste4J wilh Iht Central Finance Board rf the Methodisi Churdi See I111￿ li l.Ililllibtn(Jilis'.=hui=ii ort! L.KiniJiiauErtli Ind5., The deus¥)n of Iho Trustees to use the CFB was based on Ihè lollowing cottsiderat￿nS 1 Th• C￿lre￿ f.oÈinrJl'$ rpyxN)s•hility. ay fw as 6 possible. lo prot•cl. mAnago ¢onser¥è ihe capital lor lutur• mis*on and 2 The Chant*s Ccrnm*sK)n has wovthd gu￿anCe lo Chariiiés &eeking lo Inves1 ¢aBh fund5 See I, '.1iS if qL¥ IArtiuoveiiiiiir'. vk.Ibl,w£ildufloYI 3 is nMJeh evldefj￿ lo b* c(mfidenl Ihat tr* CF8 Man8god Mixed Fund both an 6th1￿1 •nd • medium wwestyncni. S*e akn Ihe CFB elttiE3 p8ge i.lli)s' V..¢1￿ Ffv.Iiiii-IliiidlsTrhiir¢h orry ￿￿.. i!Ihir4,' whth Indicale8 thttir warthn9 inYe5trnenls 4 The siaff at tho CF8 ère all salariod employees 8nd are nol pa•J on cc*nmtssion thT performa￿ 5 11 Ihè Circuii Meelln9 w￿￿e5 io ¥¢¥w frwi egpitsl ihal 1¢ *n Ihe CFB P4IK¢d fund It ￿ pp>sible tg do *i¢ti ￿lj￿1 notice. 6. Th￿ wll be 4n Inveslment the k)ng *mi and *tyl be regulJrty PAYMENTS TO STAFF Lay 8mpkn¥ths In 2010 Ihe Methcttlrst Ccffifwence •gre•d Ihal the rntes el Ihe Lwing Wage. os published by the Living Wa9e Foundat￿n. 8hould lorn It￿ rninmum ba￿C salary foi pe¢)ple employed by a d151ncl, circuit or a local chwch. Thts poliLy also Indu¢Jes young bèl(rw Ihe •ge of 18. In *ldititsn, a ￿pOint Salary Sca￿ Is OFplied to a 8peuffc0l￿, whth B t*s4d on quali1￿lIcTh. expenencè and rÈ$ponw￿lItIes The ChLw¢h ffj sGrupulou5 ir4 lolkmiiiy Illi¥ p￿LY GuNJul￿eS are ovalatAtr ￿ Ihe Methodisi ChuiEI) web-sjle. Furihermoie, al employees are oftered a pens￿ aiiatyJement ￿ The P•nsior)s Trusl on a 'monay purchm. basis Sets IiTiri SAFEGUARDING POLICY Th¢ churche5 safeguarding ptsli¢y was ￿VieWed in October 2022 and will I￿¥1 be reviewed al oui October 2025 Chuich C(xmcil All managsng trustees 3fè fe9ularly reminded of Ih*r rasponsibltles. The c5rcuii tskes its safeguar0w￿ re5FQnsi￿htyg3 very 5enousty, ensunng t￿ry church aclkntylwoieGI 16 awafe ol nd adhe¥es to its ye¥￿nS$b￿lues su¢h a5 d15pIay￿g rts pc￿cl. updalry ils safewardin9 MfoFm*"on, rewewing sale9uar(bng pohcy on an annual a￿j retaining rts feGords ￿ acCc*dW￿ wth yopei gU￿ance ￿ appoini a Lhurch Safeguapjing Officer worts closety with the Circuit Supennlendenl, Cliuich Administrolor. and stewards to ensure Ihat safeguNdlng rr5prythm￿ 8re reve*td a iegular basis. BRUNSWICK METHODIST CHURCH TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 VOLuNfEeR MANAGEME14T In June 2022. salegu*din9 meews wilh all chu￿ SèfoyU4rd￿9 Offic￿5 and ihe Senior Stthvard to remiThY them of the lorm¥(Sedaralsons which all v(Aunleers need to Sl9n, depend￿g on Ihwr mdmdual r&*5. togethv wth the tr•ining whth they need io undertake, DBS cher&s are iequired loi any v¢)knteer *those bryy Ihem tnto contaci with users of our seN¢es and pri4ecls th the general publrc. COMPLAINTS HANDLING It is hoped Ihai any c￿111¢1 wtuabons wdl be dealt with sensrtwety by leaders ol tsur lorsl Church groups However. WI￿ this 1$ not posstle then the Met￿1$1 Complaints p￿3 Mll need to be Invok8d. IhLS will reqvire conlacl t*ry rnad& vAlh Ihe L￿al CDmrAainis Olttcef who Is oul Circuit Superinltndenl (also Mmister ol Br￿S￿ick Newca4k Chinese PAethOd￿l Churchèsl, Re¥1 Paul CteÈver.Thiy. The woc• would Ihen t* wl mlo elled Vle 8pwopriate supwl bwng gJ¥en by our Dislncl RÈconc4iatwi groL CONFLICT OF INTEREST To compty wsth Ueththl Cl￿rch guthru. Trthstees are asked at th? Church Co￿￿1 Kleeliiig lo declare any conlkt ol Initrtsl4s s￿1 as ihey ale awara tsf any k*)s¥bility thai his or hor p8r$onal widpr Interesls could InflUe￿e decsion4naking Wrthm the ChurdTr. Thls * a standard agenda rtern at Ihe beginnino vl each Me￿ing to tNste¢s to ded8re Wby or c(*tll¢ts of Intemt Th￿ 1$ etshrined in CPD. Si¥ndTrnu Order 019A GRANTMAKING POUCY Th• Cthurch Cou￿￿ and FinanrA COmmrt￿e ts mirKled lo moke occasional grnnls frc the general lund ond from the M135w Fund which Is ai the direcbun of IhÈ Mini￿e[. These grant5 wa d15Nelionary and lull detaik 47r& gN8n In ibe accol￿11. Th• Incomo Irom lh• porn￿1 endowmefft M •ppl*d 10 l*e MI&•N)ii Fund •n• for fulur• p•rlod• Our ho￿ for Ihe royning year is to conllnue cdtr ¢>ye'wg*w' rn￿•$ty ot s•Nn9 Ihe vdnwablè in our uty cefffre partnevship wilh those who values •rKI ow Mtswr1￿ otWCtsvés. placed to ￿ this ohty Oue to an excepiionalty wewmaintained sei ol womises a150 because of the enthuwashc nvmtx•.I nf voliJnT•pr* *th0 SLI[¥￿rt our chur¢h'5 Inviistry and mis These ¥olunleer5 Include a larg8 nL*nber from wthm our ChH1ts5elHong K¢yvJer c(yTrmunily wh) are swvin9 Iti Blu￿w￿r,￿ foffee ShoplCalé- vperafed as a Ll¢J. coM￿nY (kn the pasl year otsr Coffee .8hop has y¥8lded cir¢a £11 CX)O The benefil of ihis venture wntin￿5 lo De seen In how it enables us as a thuich to welcofne a wrde range ol people Inlo OLtr buildlng and ￿ exeruse more fulty our mthlsiry pl hosp*. T￿ ￿¥e$ us wihdence a5 Iwk to lutU￿1 8lructur•i gov•m•nc• man•owTr•nt The Charty's Mawing Trusiées I￿le￿ bekAv all we lay people excepling the hvo mIn￿lena1 staff and Ihree Lay kers all of wlwjm are emwed by Thè Methc*Jsl Chuffjh Mawmq Trv51ees meet reguiarty as ihe Church Cwncil and ddegate some ol ils work to a knoder5t￿ le￿, OF who are trustees. Th• Circuit 16 orse )f 12 ot Ihe Tyne obstr￿ and has 15 Chuidw ond pre8chir4 place, ol which 8NnSw￿ L¥ Ihe govemjng trKKfy of lh8 urcuil is the annual c￿(¢rence of The MEihDthst Chur¢h. The M*lhodtst Churth Act 1976 gives avthonty ufKlÈr The MethTrJLs1 Churth acts. The Constriu￿Th praclKe and discipline af The malh￿l￿&t CrnJrch logelhef wrth The Deed d Un40rt (Act d 1929 a￿ted 19321 govern ihe acgwrt￿5 01 the ciirAJ In gEnetal Tlie Mt11104Jt51 C4iuTch 15 expecieLt the [￿ed to reg￿ler as a charity by the combines effect& tsf Section 4614IIAI of The Chwilies Act 1993 and Paiagraph 412IICI ol Ihe Cb•rrt¥e5 lemceptson frryn iegistratK)nl Regk+iation5 1996 as amended ty Statutory Instrumeni 2014 No 242 Bfttnswck Churth, howevpr. & a sepaFBI2 Regi8lered Chanty. nuThtrAr 1728118. m Englarnl and V¥*s. The Tru51eeg who have setved dunrMJ the yeaT year end ￿￿ set out on p•qe I, The trusites are appoiiTrted annually by the Chwch general wrtg The pnnuplt athl￿ af ihe Cwujifs bartW5, sthcrf(¥s and othÈt •¢fviS￿$ arÈ given c*) P8yp 1. Funds are transfrryed lo thè Circurt ￿ a tsas￿ to n*et tre ¢ommrfments Io Ihe t*str￿1 and Il* upkeep of the Ctycult BRUNSWICK METHODIST CHURCH TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 The Irusleei who s•rv•d I￿rir4 the year and up to the d*e rA$wJnatufe fin•K+al 5101w￿lIts W￿re Rev PC> c1eever-Tho￿e J Kelsall S Wllis S Fuler J MBwer R Colcluugh J Athert¢J R ￿lIe DA Stabler S Ciothjen K Giffilla 14 M(Tru*eiJi J Bombuwalag• Fl Chaprnan E Tirnwiley b Hutchinso Deacon G NlcKgBn Rev A￿lKIns￿l A Hampsh¥e OeaLY)n W Toppry E Hawdc IRe¥lyrwd 31 May 2(r251 Itknased 2 20251 IRMyned 31 August 2025) 1 Sèpi8mbèr dU141 14wnted I S May 20251 W￿nted 1 Seplember 202SI (lwty'tiied 15 M•y Xt251 Ilethod ol Appolntrn•DI of EleGllon of TruBleg8 Tli¥ TIublL*b v¥liu Iw¥¥ bvtVts41 fJuiw% lit¥ since the yv471*nsJ •re annuwty oy Tn• Gnu￿ tyy th• general me8lkng or by being ax officio IMini$ieis in good standing) Ihe Iruslees are teswnyJIb￿ wepar1￿ the Truslees. Aftnu81 Report arvl the. Fmanual Statements m a¢eordanee with applicab￿ law Unrted Kinodtyn Arc{x￿ling Slandwds Iuniled GenevgHy Accepied ACCO￿11￿0 PraGhce,I The itU31ees are iequired lo prepaie thancwl siatemenls ltr eath financwl yeai give a trL* and fair vK*w ol thc slate of affairs of the chanty and ol the Incomirrfj an¢J opp1￿￿(b)n of rescwrce5. mcikllng the inc￿¢ *Kt ?xpen(Mlurp of chanty for the year prepar￿9 Iho5e financial 51glemenls. Ihe Injslees are fequwe) ol Itte hn•ncBI smiements of 6njnS￿ Math¢)thsl Cl¥Jrch Ilhe ¢h•ntyl lor IhÉ year ended 31 Avguyl 2025. Respon#Sblllties and bas1• of rnport As the Intstee$ ol Ihe you are ie5wnskn￿ the of fM?ncial ststamonls m a¢(￿an£? wrth the requjrements uf Ihe Chart￿S Act 2011 l ￿port ID ￿SpeCt of my examinolion of th8 charflys flnancial slalgmenls carr*d out under seclion 145 01 th¢ Chariues Acl 2Q11 In carryir4J out my examinati1￿ I have lolkmed ihe Oire(*kbns 9Nen by Ihe Chanty CommI5￿9n under secTr"on 145(5Mbi ol Charth8Act 2011. Indopendonl examlMr'% Jt•t•m•trt Since the chanty's gross Int￿ne èxceeded £?sn thR examiner must m•mbe¥ of a body Iisiod In section 145 01 the Chgnl* Act 2011. 1 confwm thal l am quaIrf￿d lo undertake the examingbDfj because l arn membeT ¢IACCA, which l¥ one ol ltte IW bodie&. I have tornrAeted my 4xam￿al￿n I coftfffti Ihat no matters haye cJJ)7e to my atten1￿n In connectlan wth Ihe exnmlnaticr grviry mè ¢•use to bel*¥È Ihai in any malolial TesperA accouniing iecDrds wero Trot kept in ros￿1 of the Chanty as wutred ty secfHJn 130 ollhe Chantses Act 2011 the finanryal slaleFnents do nol accord wrth IhoBe fecofds. ¢4 the linan￿￿ slatemenls da nol with the a￿l￿bItr wuKernents ¢4JnceinMg Ihe lorrn and contenl ol Iinancjal statoments sei Dut In Ihe chan1￿5 IfvLcoun15 and Rep)rtsl Re9{doti￿$ 2008 other than •ny requiiemeTrt Ihal th¢ T￿￿n¢la1 sy4e • tr￿ and vhm¥. whKti 1$ nol • m4tt•f as porl ol Inclependenl examinatsc￿. I ¢onc¢m• •nd h•ve cotT* iw Itlllliers In winecTr)n ffti the examina￿n to WhTr¢h attention bliijuld l)v dTawn In repryl In order to enot4e a prop￿ undoTslanding 01 fl￿n￿&t st8tèments to be r*kched CL NicholaB C'.IiiFiingham FCCA Robson Laidkf Accwni•nts Limrt•J Famwootl Hcu6• Femwood Rowj Jesmontt Newca$tf¢ 4ion Tyn• Tyne and IA*•r NE2 ITJ Efig￿nd 11 BRUNSWICK METHODIST CHURCH STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2025 Curr•nl Ilnanck4 y•ar UnrMtrlet•d R•stricted ftsnds funds 2025 2026 Totsl To141 202S 2024 Dmolions and legacies her trad￿g a¢tNIti Inve61menls elhw ￿cC￿ne S7.515 166.041 69.493 127.rA8 166.041 6,788 2,18S 52_367 1S6.817 8.838 224 116 17 Totsl Incom• 230.137 71.885 301022 224.081 Raising lunds Chant*tAe 8Cti¥i¢b•S 513 217.720 545 302,175 226.804 Tol•l gxp¢ndlture 218.233 84.487 302,7X¢ 227.092 Net gaInFJ{bs￿I on *¢v¢slme 310 12.044 Ine(mIn￿{DUtg0In9l rnsourc•8 b•eor• tr•tK•f•rn 12,198 112.5841 (3881 9.033 Gruss Ironslvs betsve•n I￿￿$ 157,Wd7 1157.9271 Not Snc(knlnW{ouiqobngl r•¥ourc 170.123 1170.S111 13881 9.1)33 Other rncognl••d g•lnB and IoBs•s Aclu¥rsal luss on dehned b•)efil penson 11.463 1.4631 N•1 mibw•m•nt In lundj 188.880 11.851} 9.033 FLmd 0*rtt5 at I September X124 161.842 184.124 345,966 336.933 Fund bal•ncts •t 31 AUg￿t 2025 13.613 344,115 345.S66 51atement ol fir0￿141 actNiiie5 mchjdes all g*ns loss•s re(¥)grnwJ In ts ¥ear. Tkp Sts￿VI￿nt ol fi￿nrya1 a¢lNiltes I￿￿leS all ga￿5 and losses rtc4nlted in ￿ year. ￿1 ￿C4)n￿ and exr*ndityre dtrtve from conbnuing acbvths 12- BRUNSWICK METHODIST CHURCH STATEMENT OF FINANCIALACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE AccouKr FOR THE YEAR ENDED 31 AUGUST 2025 Prlor financl#l y••r Unrestrltt•d R￿trIcted lund8 2024 Total 2034 2024 Donaltons and legac￿ lJtter trading acuvii Inve51mènls 39.367 156.817 4125 4241 13.0Tr) 52.367 158.817 8.838 6.059 4.713 1,818 TL*al Sn¢<#n• 19.531 224.OB1 Flaising ful￿5 Charitabl• 224 mj 226.e04 Tolil •xp?nd￿re f24.f49 1293 227 17J2 gain￿(￿￿1•$I m¥88￿tr 12,044 12.044 In¢omlnW{outgolngl bdoT• tran￿￿Tr 120.2491 29.282 9.033 Gross Iran$lern bets￿n funds 14.OS41 Net Incom5n￿(DutIOIn91 mourc•x 118,1951 25.228 9,033 Cth•r r•rognlsed galn• •n(I IoB••B N•t mov•m•nt In lund• 116.1951 25.228 9.OJ3 Fur¥J bI￿nee5 al I Septernbef 21rrJ 178.037 15B.896 338.933 Fwid bJl•ncw at 31 2024 161 U2 184.12d 34S9 BRUNSWICK METHODIST CHURCH BALANCE SHEET AS AT 31 AUGUST2025 ZO25 2024 Fl)t•d a$8•1s Tan9ible assets Invesbnenls 11 61.374 168.gr 86,791 168031 229.878 234,822 Curront assets Debtors Cash al bank In hwxl ij 24,194 91,304 118.840 12a.742 115,498 Creoitors: •MO￿tr 14lllng du• wlthln onè y•*r 14 113,2551 N•t cmnt 115,487 111,430 Totsl a•••ts Im currnnt Ilabllltl¥• 345,383 346.252 D8fin*d ber￿fil ¥ab￿ty 16 11,2481 12881 N•1 awts 344,115 rfv• Tund8 ￿ m• charty Restricled Income Unwid¢led ILThIs 17 13,613 184 124 161842 344.115 3dS,966 The financial stalements ap￿0￿d ty Ihe iruslw5 on DA Stablei Tnmtee 14- BRUNSWICK METHODIST CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Accouiitlng polkl Charlty lrfomiaiion Brnnswick Kleth¢)Y15t Ctrwrth 15 ￿ Imiruxp)raled thanty {diaiity 1121181, 1.1 Accountlng conv•nUon Tri¥ financial stHiemcnis Thave been p¥épa¥ed the chanly's gwnh>J d￿m￿nI tho Chafth5 Acl 2011 FRS 102 'The FinancL91 Rewtwvj Slandard aw)IicabtsJ In Ihe UK and Republic ol lthand. I"FRS 102.1 the Chanibes SORP "AccouThtlng and Reporting by Chanbe5" Siaiernent ol RecommeThJed PFa￿￿ apphcable io thanl*s preparing ac¢￿IrtS in accordance whth ihe Flnancial Reporting Stsndaid appkal)k m the UK and Republic DI Irel￿d IFR6 7021- lelfectNe 1 January 20191. The th•iity rn a publ￿ Ber￿fil Enw as defmed by FRS 102 ¢harrty h•8 i*k¢n •Jvantagtr of Ihe wo¥isK)n¥ th Ihe SORP fty prepare u Sttswit ot Cash Flows. Thè flnanoal 6talem*rt6 are pvepared ￿ s*rtin9, the lun¢bonal ¢UTr¢fV ol Ihe ¢honly Monetsry 4motJnts th these fvIon¢￿1 stst8menl¥ a￿ rrA￿ded to the n8are* £. The Inal￿1￿11 518lwnems nave boen undel lh• ￿51 conventKJn The •¢countiftg pDIict¢5 are sel oul behjw 1.2 Gobng concttm Al tho Ilrne ol approwig the finantsal slalw￿￿ts. Ihe Iiuthes hava a expeuamn Ihal th& has odequale iesourceg la conl>nue existènre for the foreseeab)e future Thus tha tr￿1*￿$ r.nntiftii• In wlrysf goin9 ¢0￿r￿ ol accoun￿4 in Prep•1￿}4 dill 1.3 Ch*rft*bl• lund$ Uniesiiicted hmd8 are a¥WI0￿e fr* the th￿¢￿"1)Th ot Iiu5ttsA In fwth•r8nce of I￿r ch•￿￿ble ok4'e¢tiv•s. R¢slncted funds are ￿A)jeCt to tp•cfft ￿n￿b.Onl by knry• or wMtor• 18 to hm moy be uséa. The PUW15es Jrxl ug88 fyl Ihe rnStr￿ed lurth we get oul m Ihe nL*es lo tre $lal8menls. Endowment iunds are *ct to ope¢fft ¢OrKI￿￿5 try don¢x• Ih81 the ¢aprtal mtsst be mantalnejj by the th*ity 1.4 InGI)m• In￿rne Is Tecogni3ed when the charty ts legaty entrtled lo il after any perfomarKe conthkn￿s been rn￿. the amounts can be ￿aSured reliabty and it B wc+ja￿e Ihai ￿cOme wil be recavtd. Cash donal)￿5 are rtrron1s￿ w Ivc*l donat*)ns art recogmsed the charity has been nots"Iled ol Ihe donation unless pertormance condilions lequ1￿ deferr81 of the Incoffje tax Teeoverable In relalM)n tsj donat￿￿$ recei¥ed urNler Gfft A*J or dBeds ol Is r*rAgnI￿ al Ihe twne r)f the donal¢C￿. Legacjes are retQgnisad cn receyt or Otherw￿Se rf the charty has been notified ol an wnpeiMJTng ￿tr￿￿h0￿. the amwni Is known. aFMJ receyl i* exwi¢d. 11 arw Is not kth)￿, Ihe legacy Is treated As conhng8nt asyet 15- BRUNSWICK METHODIST CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 A¢¢oUWrtSng polkl IContlnued} 1A E¥p•ndrtur• Eyndiluro LS iec¢gnised c*Ke there Is • uXMtn￿TWe to ttwster econorn￿ benp.fit lo a third parly. It o probab￿ ihal a trBnsler Gl benèlts *lll b8 rgquved ￿ setljement, anij Ihe arnounl of the obligathon can be meJwJred relk4bly. Exwthture ts c188sifEd ty a¢￿￿Y The of eath activty a￿ made up ol th8 total ol dirf£t C051s and shv4red cos15 Including siypLYt C051s Invofved ID undertBking each activrty Threcl c45ts attnbul8lAe lo activity a￿ albxatsij tsedly lo Ihat ar*Mty. Sh•red costs CDntribule 1¢ mwj than actvity and 5UPkM)rt costs whtch are not atirt)uiaL4e to 8 acbvrty aig app0rt￿jne{$ between Ihose acirvrtEs on a basi$ cOn￿S1ent wllh tr￿ v8e ol reBotsr£ts Central slaff costs * Ihe ba*s of spenl. al depredatkJn charges are on the F*ytr)n ol the asset's use. 1.6 Tanolble Ilxed a8s•ts Tangible fixed assels arè at •nd sWuenty ft￿rnd 4t cost ry valu•lryb. r¢t of depr￿'al￿n and any IMp￿rne￿I kntses. Deprecialiun is f¢cOgnis￿l 50 •S to writo c41 the ¢JJ8t Of Vahth of ass¢ts les5 feSKluo1 vkn over the u8efvl hv•8 on Ihe followryj b••¢•," Frtrhdo propety Prcfj)erty Improvemert• Plant and maehir OffTh olttei Wlprnert Not depre(iated tts 20% slraWI line bass 3J3% straryhl lin8 bass 4% 10 20% Stra￿h1 Ine bas Church t￿rfdIng Ls fKJt d•preu*ed kx¢•Jse li has retsrnd rf# ¥￿￿0. Th8 bn hehj plant and 1$ ¢1ewec￿ted o¥w ￿ yearn terause I Is g￿Tarteed lof & yws lethymrs Ihe (￿￿On ol the Mankrfac￿ring guaiafjtee. chaiity h#•a poh'cy Whe￿ Indmdual o8etS COSlry £250 or wrt¥lffjed al ¢￿t 1.7 Flxod a¥spt Inv•8tments Fixed Hsset Investments are measured at trans•thM p￿e excluding tr8n5aclion costs, and are subsequently measured at law value ai eath reportmg dat• Changes In wdlue Jre rEcognised In nei Irthnellexpenthlu￿1 lty Ihe ye•r. TrnrM•cbw colts we exptyised as IrKxKred. 1J Impalrnient ol fl¥ed as8et At each reponin9 end dale. the th#rity wews Ihe carym9 •mounts ￿ rts tan9rt￿e 4s5ets to deteNmine whelhef thefè Is any IhJl ¢hose assels have suffeted an Impalim￿t 10s5 Ir a)y such Indration extsts ihe iooJveFaL* of the asset is esornated In order lo deiemwnt the extÈni of Ihe mpaim*nl loss {If anyl. 1.9 Cash cash equtvalents Cash and cèsh equwalent5 cash In hand, deposrts 41 cal trAnks. rfher s+K)rt4emi IAukJ Inveslments wilh oryJinal malurrties af three m￿1￿$ ty Ivss. bart 0￿￿￿8ftS. Bank ￿erdraft$ are shown with¥n bofT(Miags In curient Iiabfdbe& -16- BRUNSWICK METHODIST CHURCH NOTES TO THE FINANCIAL STATEMENTS {CONTINUED FOR THE YEAR ENDED 31 AUGUST 2025 Aceountlng pollcl•• IContinu•d} 1.10 Rotlrwnent benellts Payments lo defined c￿1r￿￿tY1 rewunent bertfii scknos are chty a8 an expenstt B5 Ihey lall due. The CO￿ ￿ provlllmg tenefts Ul￿er defined t*nefii F&ns is detenwed sepwatèly each pl•n wirwj the FrfoFC￿d un¢1 cr8drt methc*l arKI Is ba>¥¢J un aau8nJ aaw¢e. The thange nel defined hab*ty artslrvj from emplo￿ dunng the year is T•C0gnL￿d ¥ •n ￿m￿0Yet c05l. The co* lthrod￿kn. ter*fft thanges. setllaments &rwJ Curtai￿nts are etsgntsed As Incurred The net tytre5t efemenl 15 Oetemined by rnultptying Ihe ￿.tr tlpfinAd benelil Iiablity by lh• thBcounl ratc. laking Inlp account any thanges In Ihe nei defined Lw*fit habilty dunro the peiiort a5 8 re8sJlt cl contrth>ution d tellefrt paymentts. TM nrf ￿terest 4 fELrrfJni8od m *K(*i￿{eXw￿rturej lor thè yttar. Reme•Jwerr*nt th#rwJes compnst acluanal gain5 arnl tosse5, the effed of the assel ￿1￿￿9 and Ihtt raiurn ¢he rnt delThd ber￿lI1￿￿￿kfy exduding thnounts Indutted ￿ net IniefftL These are rocts)ntsed mmedialely In ￿her Yecogniseil 9￿ft$ and losses in the penod In wh¢h Ihty tyxur a￿1 not re¢las311ied lo Incomel lexpoThJLlurel in $thSeq￿e￿l The net defined benefil Fengon as￿ or Iiablty In the balan¢• sheel compiiges the lolal frjr èach F4an ol the eseni value of lh* defined benefit utrAgat￿n (using a dis¢ounl rnte b•sed on Imgh quality colporate bond61. less ihe lav value of F4an assets c￿1 of wl?Ich the obligaiions a￿ ￿ be 501ded directly Fair vakne rs based on market pr￿* inlDrynation. and m the case ol quoted 5ecw1l￿s ts tho publryhed priu value ol a pension benefit assel Js hmrted to •w)urM thal rnjy tr* rewvered etlher throuqh reduced wilnbl￿IIo￿S or ¢wity¥41 1vlui1￿ li￿n tne scr￿ In¢ome Ir¢)m don•llon• and l•g*dg• Unve•trkt•d RMlrf¢t•d fund* 2025 Tolal Urtrmlrttod R••trlc¢ed lund• ftinds 2024 2024 Totsl 2025 2026 2024 Donaiions arml Grants 43.515 14.L¥)O 43.515 83.493 ).442 8.925 30,442 21,925 .493 13.c￿0 1.515 69.493 IZ7.(XKI 39.367 11(K*) 52.367 InÈtyn• Im oth•r Ir•dlng a¢llvlll Unrestrkctsd Unrpstrlcted funds nds 2025 2024 Catersnq Fncome Property tethng 11.880 154.181 11.072 145 745 Oiher tr•dm9 a(aiv4t*s 166.041 156.817 17- BRUNSWICK METHODIST CHURCH NOTES TO THE FINANCIAL STATEMENTS ICONTINUED FOR THE YEAR ENDED 31 AUGUST 2025 Unrpstrlct•d Restrl¢ted lunds lund• Total Unrnstrlcted Restrl¢tvd lunds lunds Total 2026 2025 2024 2014 2024 Incury￿ from I￿le0 vestments Int•reJl re￿Nable 207 17 3.539 3.249 4,703 10 3.2 4.70J 4,135 4.125 224 4.125 4,713 Expendltur• on charii•bl• a¢tl¥ltl•* Charfthbkn Charttab 202S 2024 DIT•¢t costs St4ff cosls Training costs 46.6C 48.842 879 4Q.000 955 31.446 9.820 ZS,239 5,967 71 4,413 Connexffjnal lund Repairs and rer*wals Inswance Heat. I￿ht and waler Sundnes Orfts ond thJnii¢wJTrs Te￿PhOfie. pnnring, p)st4e and statrwy 107544 10.537 24,745 573 4,681 I.￿2 241.122 189,237 3har* ol oupp)rt and gov•rn•n¢e c￿14 not• 81 Support Govemance 53.581 3.786 4,755 302,175 226. Anoly•ls ty fund L*nFestricied itnds Resiritted lun¢Ys 217.720 84,455 224 799 302.175 18- BRUNSWICK METHODIST CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED} FOR THE YEAR ENDED 31 AUGUST 2025 Support Cogts allocated io acts.vit 2025 2024 •ff cost5 KlinL8tèr. tlecon¢ts and prethi B8nK ¢ttaTges and payroll ¢05ts Devecla￿rt ol taryiwe fixéd asseii Go¥ernanct tosts 50.573 2DI 46,779 202 6,416 4,755 6,492 3.796 81.053 57.367 Charrtable acthvthl 81.053 57.367 202S 2024 Go¥•m￿c• costs comprh•: Logal Bnd Pfoleyslonal Intspendenl exarniners le•s 2.1 2.655 1392 2394 4.755 3788 N•t mownffit In lund8 2028 2024 Th& net mo¥emenl In luThJs sl•led after C*argin￿{￿edrtry)' ol owned lang*)￿ fyxed aJ%ets 5,418 6.492 None of the trustees (c* any pu￿5 (Thinected wth Ihwn) recthd •ny tsi benefits from Ihe chgrTrty rlunFVJ the year. Trnn•ac￿0n# ¥Ath tn1￿8•* Dunno Ihé year Mr R Wyle. a trustee of the ffj¢eTh￿d El8,8a)12024' Els.￿1) ￿ a lay Rlhei than in rela1￿n to hs ￿[rt￿$ a5 a inJsie*. Employe•• Tlye a¥erwJe mwthty number ofenwbyeey durnvJ year w•5. 20 Number 2024 Nvmbef Chantable 19- BRUNSWICK METHODIST CHURCH NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Employ•o• Icontlnuedl Employm•rt costs 2025 2024 S and salartes Srxwl 3eoJrtty ¢03ts H4.611 5878 4932 7.80 4717 97.181 95.421 ThP key management ￿ ihe ehaity. eomprrse Ihe trutsiees Ihe cenlr• manager Tr tolal employ bonefits ol th* key of Il* th*ty T4we £33.68212024 £31,177k 10 7•xalk Thè thanty ￿ èxryt frTrn thxatKm on •C4Mtss bo¢W￿ al is apw l¢x <*arrt•t4e pvrposts. 11 Tanglblg flx•d aa*rt• oth Cost Al I S¢pternb¢r 3024 6,150 293.807 81,170 91,tYd5 451,k122 AI 31 2025 6,150 293,507 61170 91,095 451,922 D•preclatkon and knp•lmiént Al I SeplemL*r 2024 Dep[e¢tat￿n chaiged in IM year 28.546 2.039 88,Xl 1,511 385.132 5,416 1,866 Al 31 August 2025 29),092 20.586 69,871 3￿.548 C•rrylng amount At 3 1 Atigusl 202S 6.150 3.415 21.224 61,374 At 31 Augu512024 6.150 5.281 32,624 22 736 86.791 BRUNSWICK METHODIST CHURCH NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 12 Flxed w•¢ Iiiv05bnfjnl Listad ImTeBtmoni¥ Co*t or Valuatton Al I ￿eptember 2tr24 AddilKsn5 V8Iu8tion ehange8 168,031 181 310 At 31 ￿8V312025 168.502 C•vrylng aii)ount At 31 Aijgust 2025 168,502 Al 31 Awusl 2￿24 166.031 13 O•blurn 2025 Amounts l•lllng du• wlthln y•ar. 2024 Preptyments 4￿j Inrcrfn? 24,194 14 Cr•dltorn: faKlng du• wbthln y••r 2025 2024 ¢ruals dekn•d m¢c*ne 13.255 4.068 15 Retlvem•nt b•n•ftt sch•mgs D•tlnod ¢ontrlbutl¢)n •ch•rn•* Yh* chanty OFef8tes a defined ronIr*yjt￿n pens￿ stherne frjr all quahfyK¥J ern￿oyeeS. The ￿8¢19 ol Iht SCI￿111# held sePar&￿1Y frum Ihase ot the chanty in an Indèpendenty &JminixterwJ lund. The c4w9e b) profft In res￿1 ol defined st1￿)eS was £4.717121r24- £4.9321. 21- BRUNSWICK METHODIST CHURCH NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 16 Retirement boTr•fft l¢oniinuedl Define)mpany to oblwn suffic*ni Inlwmaljon 10 enab￿ rt to 8ccounl l¢x Ihe scheme ￿ a dehne¢ benefil The sC￿￿me Is $ubJect lo t￿ outhned ￿ il* P4ywu)ns Ad 21*)4 whth carne Inlo foTc• (bn 30 Decembei 2Crf)5. This. iogether wth tsrnnts wjed by the Pensions R¢gulalor and TethryioBI Actuafial Stsndar(Is by the Financid ReFW)rbng Counol. the frwY*work lor lunding dphned benefrt The SGheme is cias51fied as d Itr6tqiifd¥l ylarKling arrangemenr Therelofe Ihe company B k¥Jleftually Iwble lor Other partlclpÈtlng employars, rth9ation$ If ¢hose employers we unable lo meet their sh8re ol Ihe schein* delKIl lollowry willmlrawal trom Ihe PartK3￿liD9 ernptoyeis Ofe kgally Tequir&J lo meet Iheii shar¥ ol the scheme defirJl an annuity purchaw +Jasts on wthdra#al from th& s¢h¢m*. A hjm 8cluarial valuatK)n lor Ihè schen* was tamed ovl al 30 Seplember 2023 This valuat#)n Shry1￿ assels ol E514.9m. liabilit￿ ol £S13 Ih and a defictl of r.16 Im To ekminale ftjnthng shortfall the Truslee h88 the parkncJp*fft9 wnpknye¥s lo p¥y addrf￿ft81 wits*ubon* ts the xh•)* •5 follows Defielt cOntrtI￿lIQn1 Frwi l Apnl 2025 10 31 •aArch 2028 £2.1￿ per annwn able month a coN*¥sKJn has wJeed wth th* Tw*e Ihe lom to 31 M8r¢h 2028 apid Note that the x￿lM•,t+ Wvvitw) cthilul vvl wrfit effe￿￿e aate Of JO bePternDer I his vBlu8t￿n shtrwvd as5el$ of £8IJO.3m Iwtslil*s ol £B31.9m aTrJ a def￿1 of £316m To eliminate this funding sh￿fall. Ihe Tru41ee asked Il* empknyffis lo p8y 4dthth￿al canirttyjl￿s to Ihè s¢h#Jff* 4$ IthIow9 Defieli ¢ontrlbuWon8 From I 2022 10 31 J• 2025 £3.312. r annwn l at48 mont Th* iecovery plan conl1ibul￿n$ are a1￿Cated lo oa¢h partiwng eryloyef wth Ih•i •Sbmated shar¥ of Ihe Se￿￿ 1 and Series 2 grJ*me ere the schèyne N in and ￿ere the rOmp￿Y h•3 agreed to a defiGIl lundir¥J arnan9erreni lh8 mpany iecognises a118È*bty ltsr lh￿ ot41galthi. The rEcogntsed ￿ the nei present V￿￿e ol Ihe deficrt twudion tontril￿1ic￿S payth undor Ihe agreement that ielales lo Iho del￿*1. wè5enl value IF e4lculated using dLscounl rate detsAed In these ¢Jtsdo5ures. The urtwmding ol the d¥ouiil 1819 15 n15ed BS a finance cosi PRESENT VALUES OF PROVISION 31 August 2￿￿5 (£5 31 August 2024 l£yl PTescnt Vtiluc Provis￿n l.d48 Irey asSUm￿￿)n$ 2025 2024 5.13 BRUNSWICK METHODIST CHURCH NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2025 16 g•tIr•M•￿ b•n¥lbl #chem•* (Ltsntbnuodl Th dt8wJnt rate8 shrMn •lJove we the eqwva*nt sty ttseounl ralt5 vthlth, when used to d￿QU￿1 ihe luture recgvery ￿an contributions due. woukj give same rewms as vsmg a fun AA corporate yield eur¥e lo discOw￿ Ihe feel>￿ plan (*ffiirt>utyM. Thè amoiintg Int.Iiide