Mlckleover Methodlst Churek AJtnu*l Report Flnantl81 St8t¢m¢nts for th¢ year ended 31 August 2025 Charity Number 1128907 Mltkleover M&hodlst Churth Annual Report and FlnaDcl*l Stat¢m¢nts ror the year ended 31 Au8U5t 2025 ANNUAL REPORT 2025 D¢ar Friends. It is my PTivil¢g¢ to introduce the Mickl¢over Methodist ChuTch Annual Report for the year ended 31*1 Au8u$I 2025. As you read through these pages. I hope you will ratch a glimpse of the faiih. commiimeni and generosity that continue 10 shape our life together. Our calli￿g 'to be God's people everywhere ev¢ryday" remains at rhe heaft of all we do. 2nd thss year's r¢port reflects the many ways in which that calling h4s ken ljved out aLtoss our WOTship* l¢aTning* service aiid outre4ch. We have conitttued 10 offer a diver5¢ patt¢rn of worship-boih ITh pcrsott and onlJne-eEksufin8 that ail who wish io join us do so. Our M¢ssy ChuTch. Café worship, prayer group and fellow%hip gathcTings hav¢ provided space for people of all ages io explore faith ajjd fJJd bek)ngiD8. Out ber¢av¢rn¢llt course5. pasioral ¢aT¢ and weekday welcome have offere41 Compassion and $￿Pport to tllany itt our wider commuttity. W¢ give Iha2Jks for the flounshing of our Pr¢school, which has operated close 10 eapa¥ily throu¥houi ih¢ year. and for the matty tomtnunity groups who use our premises. Their pre$entt r¢minds U5 that our building is a place of worship AND a welcoming place for the whole commwjity. The dedicatton of our volunieers aroufjd forty &ndividuals who give their time, gifts ttE￿ energy-ls vuy appreciated. Financially, we are 8taieful for Ibe faithful givsug of our members. a gratti from the Derby Mcthodist Ckrcuii, zjd the Strong perforrnance of our Preschool and Icttings. Thtse have enabled us to meth our commitments, SUPPQTt our mission and plan for the future. Li>oking ah¢ad. we enter the final year of our fiv¢-y¢ar plan with hope PUTPO8e. Our priorities ujclude strengihenillx our worship alld l¢aming opportunities. de¢pelling our £ommitoJen( 10 being 3D Inclusive Church. expandÈng our outreacwarticularly to n¢w housin8 developJnentS-atLd the appointTnent of Church and Co]nJnwiity OUtr￿h Worker. We will also coniinue 10 build partller5hip5 across Mickl¢o¥er and dcvelop a shared vision for Mickl¢over. May God Co￿tillue to guide us as w¢ seek to grow ill love, seThe our neighbours and share Ibe hop¢ of Chri51 With ev￿ blessing. Rev Tracey HatTi$ sup¢rinte[￿ent Minister with pastoral charge of Mickleovtt Methodisl Church TO BE GOD'S PEOPLE EVER YIYHEREEVERYDAY liekleover Methodist Church AnnllAI Report #nd FTn&n¢ial St¥ttments for the year ended 31 August 2025 TRUSTEES, ANf4UAL REPORT The (rustec5 prescJ)t their report and flnancial siaiernenls For th¢ yfdr ¢nd¢d 31 Augu51 2025. The flnancial stsiemenls have been pr¢paTed in actordanct with the accounting policies set out Jn note I to thc accounts and comply with ibe Charity's Injst dee¢ the Chdritk¢S Ad 2011 and Accounting and Reporting by Chariiie$.' stsiemenl of r¢commtnded PTrctic¢ 4pplicable to charities Prcparittg their accounts in accordance with th¢ Financial Reporting StandArd applicable in the UK and Republic of Irelartd eff¢¢tiv¢ tsn l January 2019. PUBLIC BEf+iEFJT Tht Ttustees confiTrn that they have complied with their duties under Section 17 of th¢ 2011 ChaDti¢5 Act th Tegjrd to Public Benefit. AIMS AND ORJECTIVES The puip)b¢S of the Methodist Church are and shall be d¢on¢d to hav¢ been since the Date of Union the advancement of.. The Chri$tiart f•'th ill )¢cordance with the docirillal st20dards and di$¢iplitLe of The M¢thodsst Church. Any chantable pu]pose for the lim¢ b¢ing ol any Conncxional, District, Circuil, local or tythei organi8atiott of The Meth(xli$t ChuT¢h. Any chaTitsbl¢ puTp05e for the time besng of ally s(￿￿ety or instifvtion subsidiary or ancillary to The Methodist Church. Any purpK>se for the time b¢iDg of any charity being a chariry subsidjary or athcillary to Th¢ Methodist Church. Oyr obj¢G(iv¢s ar¢ lin¢ with th￿ of the Methodist Church which ar¢'.- Wor5hip- The Church exists 10 iNcr¢as¢ awar¢n¢ss of God'5 presence and ro celebrate God'5 love L¢¥rning & Caring- The Church exists to help people to gTOW and learn As Chrisrians, through mutual support and care. Servlce- The Church exist$ to 4ood neigtlbour io people in need and u> Challenge injusu¢¢. EvtsEhgeli5rn- Th¢ Church ¢XiSfS lo make more followers of Jesus Christ. Our Mission and Our Aims Mickieover Methedisi ChurLh's mi55ion 15 to d¢velop a church family wbieh is continually gTOWJtLg LD Chri5tiaN faith. worship and outreach so that all may know the love of through Chri81. We achieve rhis as we commil ourselves lo Gmi% of W0￿h1P. Mlckleover Methodlst Church Annuil R¢port Flnanclil Statements for the year endeLI 31 August 2025 2. Offering 4 wlde rgnge of oppOr￿nitIeS other than worship to help those ioslde and otstside grow the knowledge and love of God This is ¥vff h4v¢ 4chi¢v¢d inyeor 4 Supported our young people who atte1￿ed a youih week¢nd allowittg th¢m to explore their faith. Tuesday Fellowship Group coatinues bein8 more inclwiv¢ and subs¢qu¢ntly n¥unbers hav¢ increased Hous¢ apd Prnyer ¥roups continue on a weekly basis te allow individuals 10 ￿PIOr¢ and gTOW in their faith B¢reav¢m¢nt Courses continut 10 be well attended artd widely advertised to the local Comrnunity Look at ways to expand the current work with childrttt and famklie5 10 inrlude oth¢r ag¢ raMB¢5 of people we can 8ttracl to the building. Eiploie the possibility of creatiJ)g a new comÈnuniiy post withiD the Organi￿tion to targ¢t the above. 3. Our bulldlng to be¢ome • thrlvlng Christian Communtty 80 thAt the people of Mlckleover $te tTrte Chureh 88 a pioce of support, *tt¢ptamc¢ aDd love This is wh&t we h4ve &¢hléved l*yeqr 4 H¢ld a church sttvice which focus¢d on OUT Vigion of becoming an Eco Churcb. Spxifically ¢ncoura8ed our young people to bc 2Ctively Involval Jrj thi5 project. voluntee￿ in the foyer on weekday momin¥s to welcom¢ Preschool children and car¢TS. and those visiting for other activities. W¢¢kly -Little Mickl¢FS' sessions, a toddler and carers group contimi¢$ 05 do¢$ R small 5UPPOrt gtoup for p¢w parents and tlewborn babics. 'Coffe¢ Èrtd Chat" ¢ontinu¢s and 1150 providcs space as part of rhe Wami Welcome lttitiative School holiday time family activities ￿¢tUde￿ mllddy walks* PICVJIG5 in the park and other activity 5¢ssion5. Continue our Lommunicaiion with loL', T families via our Fa¢¢book and w¢bsit¢ pages Provide supporr to Preschool 1118 them te maximise the session5 ea¢h w¢¢k to m¢¢t th¢ incTeas¢d demand for childbarc. Held a 5uc¢¢ssful ¢v¢nt for all users of our premises to showcase what they off¢T lo th¢ community. 4. God's peoplt to be eq￿Ipped and ¢hgllèDgÉd to tran$fom the world Thi$ is wh•t wehove ￿chIeve￿Inywr 4 Our revised organisational siruciurc ¢oztlirtUC5 wilh a vi¢w to provid¢ Jnor¢ ¢tTc¢tkV¢ l¢ader5hip and O-QTdination over the whole life of the Cburch. Monihly charity collections continued wsih more tsrgeied 10 Meihodist conn¢ction$. Support for"Love in a box" Christmds shoe box appeal operdted by T¢atn54U. F.3Strr trails around Mickleover for young chtldren proved to be 2 success Participated in Lhrisimas carols in lh¢ community'our Mickleover. ChTSStmas Fair Displayed posters and leaflets outside church and itt the foy¢r to ￿vertise QUT work within the ornmunity. Our redesigned website coDtit)lles to be tllore appealing ODd easi￿ to navigate for users. Mftldeovtr Methodlst Chllrcb Annval Report aud FinAnci*l St¥temellts for Ihe ye*r ended 31 August 2025 PRIORITIES FOR 2025126 Aedona for year S of our 5-year pla Dewelop our worsknlp aNd L¢gTning Opportunities Enable the young people to be part of l¢ading church 5¢TViC¢S al specific times of the Christian caleDdar. D¢v¢lop l¢arnÈng OPPL)rtunities for those iti the Church And ¢offlmuttity. CoLtillue 10 develop the Inclusive Cliurch th¢ll￿. Dewelop our work wlih th¢ ¢ommuRIty Ber¢av¢meni course io coniintse offer Bt least two llew programmes. Crette and deliver an outreach plan foT the two new housing estates in Nlickleov¢i_ Build partneT5hips with tkrby City Council's kna Co4Otdinat(Ns, schools and other groups to inLtiatelsupport e ncw communtty initiativ¢_ Seek to appoint a Chur¢h 8nd CoTntnullity Outrca¢h Worker on an initial 3-year fixed t¢nn. Cener Review arjd blliid the ¢ffe¢tiv¢n¢ss of the governance of the ￿urCh in¢ludit)g th¢ SteW8rds team, Church Council elc Bulld better ccumenical links in MickleoveT. Work with the wht>l¢ chU￿h ty d¢v¢lop a vision for "Mickleovcr Church in 2026" Develop an implemetttatitsn plan. Adv¢rtis¢ church volunt¢¢ring OPPOrnJniLies io support our ¢x15ting group5. Church logo lo be updated to ]rfie¢t our vision of a tnor¢ inclusive Church. FINANCIAL REVIEW The y¢ar in question has seen our income incwe 5ignifJcaDtly over ihe year due to the success of the Preschool runnjng close to capacity throughout the ye8r. W¢ are also indebied lo our members gell￿oU$ giving Ihai th¢ d¢ficit tsn the ¥¢n¢ral accoiuiL at the ycar-cttd (after atcouniing foT depre¢iaiionl w&$ 4$ anticjpated. In addition, the ￿ni5￿u¢d incT. "4¢d use of our premises by Community oiganisations rn¢an5 a siguifiGant foorfall on our premises and pri1¥'d￿J a sI￿1f￿Ca[Lt amount of r¢nlal iEIW5n¢. Intome trends The Siaiemeni of Fiti2rtLial Artivities show5 total incomittg resources of £323.2k. att itt¢rease of £39.032 whi¢h r¢pr¢s¢nts a 13.7Q/y on the previous year. This Wd¥ laig¢ly due to incTfased of the lJ]t¢rn81 OTgani5ation- Preschool whos¢ income had in¢reas¢d by £27,525 the T¢maind¢T of the income was similar to iht previous year with the ex¢¢plioJ) of 8 £IOK ¢ircuii gratti. Income from offerts)ries attd Gift Aid ill¢om¢ totalled £77.5k which ¢quat¢5 to 53.6.0/o ofthe general fund non-lnveslment tncoEne and repFes¢nt5 a 3.60/. increas¢ in p¢rsonal giving orl thc prcvious year. Although membership has detlin¢d slightly this rn0d￿t 2AfTeasc was due to generous giving. As a Charlty re¥isieTed foi Gift Aid, w¢ rtceiv¢d approxitnaiely £16. Ik from the Inland Rcvenue for all donation$ and regular giving ihrough ttie Gift Aid schcmc, this includes just over £lk for cldim for e4rlier y¢at5. Income lor offerings #nd regular gLvJng is mainly ihrougb monthly standin8 OTders and the w¢¢kly envelope scheme with approximately 96.70/0 ofihe total given in this way. Tht rentaj itlcome of £42.9k was recetved from all sources io¢luding th¢ tLiT¢ of the church halls to ￿louS groups and individuals In the tommunsty. This reprs¢Dts an increase of 13.0/0 on the previous year. Income from the two cottag¢s that th¢ Church Council menage contribuied £L1.7k tsf the total irtCQTll¢ from l¢tting5. Ml¢kleover Methodlst Church Annual Report Ftnan¢iwl St8temeDts for th¢ >¢ar ended JI August 2025 Espe￿dIt￿le trends The greater pan of the irteoJn¢ ha5 bc¢n used to make paymerti of £61.7k lo the Ikrby Circuit lor our proportion of Ihe Circuit A55eSSTRent. This is an reduction of £1.8k on last year. It ¢quates 10 approximat¢ly 38.1*/o of our GeneTal Fund costs. A significant amount of the C1￿Ul1 assessTn¢nt 15 used 10 pay the District a55essm¢nt, sttpends and related costs 10 Min15ters. The oth¢r signifia￿t expenditure rtow relates lo the 5alaTi¢S of the Preschool staff. 2024125, lh¢ P￿sChool payro12 cosi8 amoijnted to £117 2k. Th¢ other cxpendiiure covets Ihv tu]]nin8 wsls of th¢ local church and Ihese have enabl¢d us lo ffleel ihe fu￿ncial commirmertts of taTryiDg out its charitable objecrives. There is a suolus in funds of £14.4k which include £1 1.2k for depreciation of the 0I8an and other equipment. The total fi]nd balonc¢ now stands at £1,909k of which £81.9k 1$ for re3trict¢d fund5. Fund b#14n¢es As at 31 Au8usI 2025 th¢ unr¢stridd nel CUTr¢iJt ass¢ts of the Churth w¢r¢ £94.7k which is sufficient to provide sjx mottihs, coveT for cxp¢nditur¢. The restrict¢d net current assets of the Church at 31 August 2025 were £81.9k givin8 appreximaiely $ix tllonth's cover for expenditure. Plans for 2026127 Church financial plans for the coming year hav¢ b¢¢D pr¢par¢d on the basis of &n aver38e of the pffviou$ three year5 subject to arty specific anomalies within those r￿ur¢S. Any 4)ecifi¢ items plan]J¢d for th¢ year have also beert ID¢OtPOT&td )nto thc financial plan. RESERVES POLICY 'Th¢ Church Couniil has considered the level of Teserve5 which should be n)ainiaJned withill the Ch2Tity and this will be reviewed annually Such TCServ¢s 4r¢ needed for each fijnd to cfjveF working capital. th¢ risk of possible shortfalls in ¢haTitsble Éncome and othercontingeÈJcies. Th¢ G¢*¢T￿ Fund is required to meet ou.. '4iitiblliion to the D¢rby Circuit for Mini￿trial stipejjds, our u￿ent mission and outreach plat￿ 108eihL.r *VJih the normal running expenses associated with the chu￿￿. Personal gLvin¥ pliis tax recovered from Gift Aid and income from lellill¥s is suffJci¢nt lo mt¢l our contribution a8 our sh￿¢ of the Cir¢uÈt knessmcnt and general rnmnittg ¢o$ts of the PTemises. G¢n¢Tal Funds held year-endtttg 31. August 2025 £1.518,530. R¢5tTi¢t¢d Funds held year-enditts 3151 August 2025 £81.871. It is our policy. if funds allow. to retain reserves of-. - £68.5k which equaieg to 6 month¥ wotknng c8piial £1.6k foi the dcpr¢ciation of equipment ov¢r Ibe next year £2.5k r¢laiThed iii th¢ L¢gacy and Coiiage5 FuRd foi sp¢cial woj¢cls £6. Ik to cover the $hgrtts11 in ¢mploym¢nt cosL% for 3 y¢aT for a Church & C4>mmunity Outr¢¥h Work¢r £15.2k for major repairs to the Church attd two eotiages own¢d by th¢ Church. This reserve policy will be reviewed on an annual basis. The￿ is £81.9k held in other restrltted fllnds which will be used ar¢ording to their designation. Ml¢klt¢Ytr Methodist Church Annuxl Report Flmantlal Siatements for th¢ y¢ar tnded 31 August 2025 REFERENCE AP4D ADMINISTRATIVE INFORMATION NAME OF CHAIUTY N(ickl¢over Meihodisi Church CHARITY NUMBER 1128907 DATE OF REGISTRATION 31 March 2009 piur4CIPAL OFFICE ADDRESS Mickl¢oveF Methodi5¢ Church Statiorh Road Mickleover Derby DE3 9GH Tel.. 01332 735052 EMAIL mi¢k.meth2(&8tnail.cotJJ WEBSITE WWl.IhjLkleov¢Ttn¢thodis¢.org.uk The members of the Mitkleov¢T Methodist Church meering are the Charity Tru5t¢¢s. membership being made up of ¢hwch office holders, MiniS￿r tnd repTeserttativ¢s appointed at the AnJJwdl Church M¢¢ting. A full list of Church Council members attd k¢y lay etnployees are 5howtt on page 8 of this TeFK>rt. TREASURER r Ray Forey The Treasurer acted as the principal officer overseeing the daY-l￿19Y financial manageme#t and Attounting for the Church during the year. INDEPENDENT EXAMINER Mr Malt Brady FCCA TC Group I*￿COuntantS Cliff¢ Hill House -26 Nottingbam Road Stapleford Notiingham NG9 8AA BANKERS HSBC PIC I Si P¢Mr's Streei Detby DEI 2AE Central FiThallce Board of Ihc Methdi5t Church 9 Bonhill Street London EC2A 4PE Ml¢kleover Mtthodist Church Annuaj Report and Flnattel21 Si4t¢ukeNts for tb¢ y¢ar euded 31 August 2025 Member$ of the Church Council- Offiter& Advlsot$ and L*y Worker$ Chariti¢¥ Comrn15510 Position Appoinled by Mittlster Rev Tracey Harri5 Paula Whxil¢y TTUSte¢ Chstrperso Trnsiee {Appoint¢d ChurGh and Community Feb 20261 Outreach Worker Marilyn Bagworth TTUSle¢ Secretary 10 Church CowJ¢il Ray Forey TNstee TrealiureT Do( Thompson TtUs1¢¢ Secretary to th¢ Pastoral Team Ex-officto Ex-tsificio (fro]n Febntary 20261 Church Coullcil Church Coullcil Church Council lunlil March 20251 Margaret Vinceni Trustee S¢¢T¢tary to the Pastoral team Chur¢h Coun¢il (from March 20251 Chureh Slewardi Marilyn Bagworth A[￿* FoT¢y Trust¢e Adam M¢Loughlin TTUStce Jattet Paimor¢ Trustee Phil Royle Trustee John Spray Trnsiee Jgnei TTi$tram Trustee Church Steward Church Steward Church Stewllrd Cburch Steward Church SI￿ard Church Steward Church Steward ACM (Annual Church M¢etingl ACM ACM (from May 20251 ACM luntil Nfay 20251 ACM ACM ACM SafeguArdlng Offiter8 Meryl Spray Michelle Woodcock Trust¢¢ TnL$t¢¢ Safeguardin8 Offic¢T Safeguarding Officer Church Council ChuT¢h Council Other mem￿ Aubrey Morris TtU5tee {Rtsi8n¢d August 2&25 TTUSt¢¢ IAppoint¢d Circuii Steward September 20251 Trustee Churrb M¢￿b¢r Trusite Chll￿h M¢rnb¢r T￿￿t¢¢ Church Member Trnsiee (Appointal Church Member May 20251 Trustce IAppointwA Church Member May 2025) Trustec IR¢siy¢d F¢b 2026} C:.rilljt Steward Ex-offJ¢io (tsntil August 2025) enny Kilgout Ex-officio (from September 20251 Mik¢ Bagworth Ian Clark Margaret Clark Di Hudson ACM ACM ACM ACM (from Moy 20251 Pam Morgon ACM (ftom May 20251 Sue Atherto Children & Familtcs W0￿¢T Managcmeni Ecum¢nical Otyicer Hvdlth & Safety R¢pTe5¢nlative Vesty Team R¢presentaiivc S¢cr¢lary io the Business Team Pres¥hool Maoagement kep Seoul GTOUP Repr¢s¢ntstive Girl8 Brigad¢ Representarivc Chuich CouDril {until D¢c¢mb¢r 20251 Janet Patmore Ioehard Morgan Anna Forey Sally Levitt Mar8aTet Clark haTd Morgan Dot Thornp8on ChuTGh c¢￿￿¢]1 Church CLwncil Church Council ChtJTeh Council Churctl Council Church Council Church Coutt¢il Trustee Tru$i¢e *ACM- Annual Churcb Meeting Mickleover Method15t Church Annual Report attd Fln#n¢l¥l Statements for th¢ year eDded 31 August 2025 STRUCTURE, GOVERNANCE Af+¥D m￿NAGEMENT Cov Tnin Document MickleoveT Methodist Church IB a registcred Charity1rt8iSter2d charity no. 1128907) and is governed by the D¢¢d of Union11932} and Methodist ChuTch AGt11976}. It is one of seventeett Methedi$t Chur¢h¢s th&1 for the Derby Lircuil whiLh in lum is part of the Noltiugha]ll & Derby Distriei attd is also a¢rountsbl¢ lo th¢ Methodist Conferenee. The Fegistered Charsty is a 5ub8idiary of the Methodist Church of GTeal Britain (RegIS￿ed Charity no. 11322061. antsatlonal Strutture Th¢ m¢mb¢rs of the Church Council aTe the Managing TNsEtcs of the Charity attd are responsible for the aims and objecliw¢s of the OTganisalion. li d¢l¢gat¢s areas of its work 10 the Chutth St¢w3Tds with the help of the P18toral aJ]d Busin¢5s Teans. Th¢ rtsponsibiliiies of team5 Xty.. Churrh St¢wards Joinily responsible. wilh the minister iiT poFioioI charge, io gtve leadÉrtrkip fjnd co- oydinaiiov over ihe Who￿ olihe lilE Gnducrivity ofthe ehtsrch. Pastoral T¢arn- RespoK%ibleJoi". ondprovides informal￿￿ to Éhe Church Council. on oll (Ltpecis oltQTÉ ond well.beinK ofollpeople 47ssoeiotsd with rhe Church. Bu5ine5s Team Responsible for, ITnd gdvises ihe Church CouA¢il, on oll malters r¢luiing lo fiKanciql coniyol. hgalih ttndJ&fety andproperty pKaNagemeni. ent of Offi¢eTS Th¢ Church Council consists of the followIng ex-officio o£fi¢rr5'. Three active Circuit Minisl¢r4 The Church St￿ardS, Th¢ Church Treasurer, The S¢cT¢tary of the Pastoral Teani, The Secretary of the Church Council me¢ting, And one Cireuil SI¢waTd {xpp)in*d by rht Circuit). Additio￿ th¢ Atmual Church Meeting IACMI appoints b¢iwe¢n Six and fjficen members to the Councsl. The Church Couneil mey appoirti a m&ximutn of fJfte¢n furth¢r wsons to ensure that all ar¢as of th¢ Ghurch's life are adequaiely ￿pE￿Ientell and in particular thai. wherever po&siblc, yi)uttg people are included in membu5hip. The Chair of th¢ Church Coujjcil Js appoint¢d by th¢ SuperinteT￿Cnt Minisier of tb¢ c￿ult and is usually the Minister given wtoral charg¢ of the Chur¢h. All otTi¢¢ hold¢r5 and members of the Church Coun¢Jl are appointed RnouAlly and tllay serve for a M￿lmU￿ of six yeats. This limii may be exiended if it would otheThvis¢ b¢ itnpossibl¢ to adequately fill an essential oiflce. A list of members of the Church Council is shown on pag¢ 8. Trnsttt A range of guidance produced by Methodist Conrt¢Kion to 5UPFKJrt the effeciive rnnning of the ehur¢h and the rolc of tht Trnsiees is given lo the Church Tru5t¢¢8 al various ￿lingS aJ)d trditting se$¥ions. l¢kleov¢r Methodist Ch￿reh Annual Report %Dd Flnantl21 St*ttmértls for the year ended 31 August 2025 Risk Mana ement The Church Council oversees the sirdtegjt risk of th¢ organi5ation with operational risk assessmknt and rllan8g¢m￿t being d¢lc8ated to the Busine55 Teatn. Risk coniToI is exeriised appropriaiely by memkrs of thc Busincss Te*m undertaking b fomi81 review of straicgic and OPCTational risks for the organisalioB. Risk m&tt#igement is eneouriigpd into the organisatsott by the Busin¢$5 Trdin COOTdinatillg the risk reviews and obtaining feedback (Tom all users ofihe PTcmises. The major risks hav¢ been ideniified and rccurded by the tnJste¢8 with professional advice tBken )$ T¢quired. ThcTe is a regular annual rcvjew pro¢ess und¢Ttsken and recorded. In¢om¢ artd exp¢nditurc is monitored in totxl and is compared wth thc approved aiinual budget on quart¢rly basis lo detect trends part ¢fihe risk tnanagettieni process 10 avoid unforeseen calls vn T¢S¢tV¢5. UArdlrÈ Every p¢rson has a value and dignity which comes directly from the er¢arion of malc and femalc in God's image and ]￿eneSS. Cbristiarts see this Potential a5 fulfllled by God's re-LYeaiion of in ChTi8t. Arnong other Ihin8s this implie5 a duty to valu¢ all p¢opl¢ as bearin8 an initge of Gfxl and therefore lo prot￿1 I1￿M from harm. Many Children and adtslis use the pretnis&4 by atteoding the activities organised by the church and VaT¢QU5 external organisatjons. Mi¢kle(JveT Methodist Church follows Ihe Methodi$t Conncxional safegugrding practLce, committin8 to these k¢y principle5.' The care and nurture of, artd Te%pc¢tful pastoral mini.%ty with, all childrcn. young people and adults The safeguardirtg and pr¢t¢¢tion of all children, young people and adults when they ar¢ Nvln¢rablc The establishing of safe, caTing communities which provide o loving environment W4)e￿ there i5 infortned vigilanc¢ as to the dangers of abusc We will carefully select and train all those with any Tesw)nsibiliiy within the chU￿h, 1￿C with Safer Recruitment principle4 including rh¢ use of criminal records diselo$uie$ lod re￿stratE0￿ with the Televant v¢ttiDg and ba￿ill8 schemes. We will respond without delay lo ever4 conJp131llt rnade which suggests that an adult, child or young person ll￿Y have been hatmeo. ',)op¢rnting with the police and local authority itt any investigation We will seek lo work with anyone wtLO has suffered abuse. developin￿ with them an appropriate ministry of intorn)¢d pastoral care. We will seek to challenge any abuse of pow¢r. especially by anyone in a rKisition of trust We will seek to offer pastor41 care and sup￿rt. including supervisiott ond tcfetral to the propcr auihoTilies, lo any m¢rob¢r of our chU￿ts community known 10 have off¢nd¢d agauLSt a cbill young p¢r50n or vulnerabl¢ adult. In all these princtples we will follow Icgi51atton. guIda￿e and reeo8nised good pn¢iir Oui safeguarding policy is updated and approved artnually and is mana8¢d by th¢ safeguarding offiters appointed by Church Council. RelAted arties Th¢ following organisaiioDs are an in*￿al pan of this ¢hur¢h..- 14Y Derby Beaver, Cub *ttd Swul group ISpotLsored Organis￿l0￿) Iolb Deiby Girls Brigade Company Mi¢kl¢ov¢T Methodisi Pre-school Tuesday Fellowship Group Littlc Micklers Childttn's Group io Mltkletsv¢r Mtthodi5t Church Annual Report and FI￿*￿¢1*1 St•t¢Ments for the year endd 31 August 2025 STATEMENT OF TRLSTEES, RESPONSIBILITIES Th¢ Tru5tee5 arc responsible for preparing the R¢pon of the Trustees end the financial $tAt¢m¢nts in accordance wiib applscable I2w aod Unil¢d Kl'ngdotn Generally Accepted Accounting Prd¢li¢¢. The law appli¢abl¢ to chatiiies in Ettgl2nd and Wales. the Charities Act 2011. Chaniy IA¢ctsunis artd Reportsl RegulaiiorLS 2(K)8 and the prowisioA of Ihe Tn]st D¢¢d requir¢ the TDJsiees io pware fujallrial stat¢m¢nts for each financtal year which giv¢ a tTU¢ and fair view of thc 5tai¢ of atTairs of the Charity and of the iL)cot￿n8 resources 2nd applicRtion of resources. illcludmg the Èrtcome ond eX￿ndItUre of the Charity for the fitlancial year. In preparing Ih05e fjnancial stdttments. the Tntstses ar¢ rtquir¢d to.. Select guitable a¥¢ourtting pollcies and apply them consi$t¢ntly: Obs¢TV¢ the m¢thods and principlts the apwopTiat charitie5 SORP.. Make jud¥em¢nts and ¢5tirnates that are reasonable and ptudenL State whether applicable aecounting standatds have b¢¢n followed, subject 10 any material deparDJre8 that musi be dis¢lo$¢d and ¢Kpl4ined in the fjnancial siakmen15", and Prepare the financial statements ott the going con¢¢rn basi5 Utkless li is Inappropriao to pre$ume th8¢ the Charity will contirtuc in operation. The Ttuste¢$ are r¢5POnsibl¢ for maintaining the proper a¢¢ouDting records, which disclose with reasonable attura¢y at arky lime th¢ financial positLon of the ChaTity and to ¢nabl¢ them to ensure thar the financial 5tal¢menls comply wlth the tharities Act 2011. Th¢y ar¢ also responsible for safeguarth'ng the assets of the Ch&rity and hence for taking TtA¥oiiabl¢ steps for the prevention and dclection of traud and oth¢r irregularities. This report hgs bt¢n prepared in accordance with the Ststement of Recommcnded Practice,. Accounting and Reporting by Charitie8. T. HcLf Ci& Ort behAlfolih¢ TTU5*¢s-R¢v Traccy Harris Trek$ur¢r- Ray Forey Ind¢pend¢nt Exarniner'5 Report to the Trnstet5 of Ml¢kleover Methodtst Chur¢h I report on th¢ ac¢ounts of the company for the peTsod ended 31 August 2025, which are S¢f out on pages 13 to 22. Responslblllties Ba515 of Report As the charity'5 TTUStees {and also its diT￿lOr8 for the pury)ose of ¢OTnpany law) you are responsible for the pr¢paTaiion of rhe accounts in accordance with th¢ r¢quiT¢m¢nls of Ihe Companies Act 20061.the 2006 Ad'i attd Charities Act 2011. Having satisfi¢d Thy5¢1f that the accounts of the CoTllpany are not required to be audited under Ptrt 16 of the 2006 Aci and are eligible for indep¢nd¢nt ex8millalion. I repon iti respeci of my examination of your charity's aecounts as tarried out under Section 145 of the Charities Act 2011 I'the 2011 Act'l. ID carrying out my examination I have followed thc direcrions given by the ChaTity Commission under section 14515)(bl of the2011 ALt. Since the company'$ gross In¢orn¢ eKce¢ded £250,￿0 your examiner mu$t be a m¢mb¢T of a body list￿ in setlion 145 of th¢ 2011 Aci. I confirni thai l am qualified 10 und¢rtak¢ th¢ ¢Xdmination bccause l am a ember of th¢ A550ciation of Chartered Certified Actountan15. whi¢h is on¢ of the listed bodies. Independent Examlntr's St#ttmtnt I hav¢ complet¢d my cxaminatlon. l eonfim> that tm) matt¢rs have come to my attention in conn¢ctiett with th¢ examination ￿VIng me 10 beli¢ve'.- Accountirtg reGords W¢T¢ not kept in respect of the Compatty as required by s¢¢tion 386 of the 21 Th¢ acc¢)uThts do not accord w*th those records. or The accounts do not comply with th¢ accountillg requirrnents of swlion 396 ofihe 2tX)6 Act uihci than any requirements thai the accouTLts give a 'true and fair view. whicb is not * matter considered as part of an itidependenl exa]ninalion: or The tscrounts huve not b¢en prepared itt a¢eordance with the ￿ethodS and principles of Ihe Stal¢TTJ¢nt of recommended Prwiite for attoullting and reporting by charities lapplicoble to chaTlti¢s prepanng IhciT a¢coull15 iti 3croidJllL2 Wlih th¢ Financial Reportillg Siattdard applicable in the and Republic of Ireland IFRS1021.' have no ttsn¢em5 and hav¢ com¢ across no other mattets in connection with th¢ examination to which attention should be thawn in this report in order to enable a pN>per urKieTStanding of the accouttts to be Mati Br2dy FC TC GTQUP Clitfe Hill House 22-26 Nottin8ham Road Stapleford Noitingham NCJ9 8AA 12 Ml¢klcov¢r Me¢hodi¥¢ Church Slatement of FlThantlal AtrfTAiles For The Yvar End¢d 31 AuBU5t 2025 Total FvDd$ 2025 Uthrestrlcted FKDds Restrided Funds Unresirttted lie5tr1cted FuDds FuDd$ Funds 2024 INCOMING RESOURCES Dollaiions Le￿cleS Charituble Activtti 86.IMI 54,970 2,034 164.875 88.075 219.845 84.827 44.574 2,325 137,215 87.152 2(b) 21¢) Investment Income Inv£sEm¢ni Property In¢omt 3,575 11.707 3.575 3.5 3.564 TOTAL INCOMIPIG RESOURCES 156.293 323 202 144.630 139,540 284.170 EXPENDITURE Exp¢)ditMt¢ on Charitsble Activities 140.949 308 767 165 285 138J05 31J3.790 TOTAL EXPEf4DITURE 308 767 165.285 138.505 303.790 Net gain% Ilossegl on Inve$ts2￿ts assets- uLr¢alistd P4ET IP•COMKfftXPENDITURE 15.5251 19.960 14,435 120.6551 1.035 119,620) Transfer Betwttn FuDds Net Movtment in Funds 19.960 14.435 120.6551 1,035 119,620} RECONCILIATION OF FUNDS Total fvnds brought torward 1.832.834 1.894,745 1,853.489 60,876 .914,365 TOTAL FLN CARRtED FORWARD 1,827.309 1 832.834 1894 745 13 Mickltover Methodlst Church BAlsn¢e Shoet a$ at 31 August 2025 Lyote Restrlcted Unr¢strl¢ted Futsd$ Funds 2025 2024 FIXED ASSETS Tangible Fixd A$5¢ts Filed Asset Investments 1.486,206 1.486.206 1,497,412 247.1)00 247,iK)O 247.fflo 1,733,206 1733 206 1744 412 Total Fixed Assets Sundry Debtors vestm¢ois Cash at baTth in hand 414 105,983 9,253 115,650 26,615 68,368 5,038 27,029 174,351 26.968 128.889 31,193 187.050 Total CUrre￿t A58ets 215.671 CREDITORS.. falling due within onc year Sundry credI￿r$ 5,318 15,3181 35,517 33.779 39,097 NET CURRENf ASSETS 81.871 94,703 176574 151.533 TOTAL ASSETS LESS CURRENT LIABILITIES 1,827,909 1909 780 1895 945 CREDITORS Amounts falling due after more tban one year 16001 600 NET ASSETS 81.871 1,827.309 1.909,180 1.894 745 REPRESENTED BY FUNDS Unrestricted futtds General Dcsignar¢d 1.5 IS,530 1.533,046 308.779 299,788 81,871 Restricted ￿ttds TOTAL CHAIUTY FUNDS 1.909 180 1894 745 and signed on ils behalf by.. Rev Tracey H9rrts- Chaimjan l. KJ Iqwci£ Mr Ray Forcy- Tr¢gsurer Dated- The notes on pages 15 to 22 rtsr￿ part of ihe5e llnancla15tAtemeDts 14 Mi¢kleover Methodist Church Notes to the Fltsathtial Statemenls for tht ye*r cDded 31 August 2025 I. ACCOUNTING POLICIES Ba515 of Actountlng Thc finaneial.%tztemenls have been Prepared sn accordaknce with th¢ Church Accouniittg Regulations 2(￿ te8ether with Statemeni of Recommended Practice.. Ac¢ounting and RqM>rting by Charities preparit)g th¢ir accounts in accordaoce with the Financial Reportin¥ Standard &pplicabl¢ in Ihe UK and Republic of Ir¢lalld IFRS1021. and the Financtal Re]x)rting Stsndard applicable in the Ilnitcd Kirt8dom and Republi£ of Ireland IFRS102} and Cbanties Aci 2011. Assets and liabiliti¢5 ar¢ initially reco￿l$ed ai hisioTL¢al ￿5t or Iransaciiojj value unle$8 Otherwi$¢ ststed the TelevaDt 3ccounling policy note. The church ¢oJJstitute$ a publi¢ benefitentity as defjned by FRSIO2. The Truste¢s' consider thai there aTt 110 Jnat¢rial u[kC￿¢a1ll1its about th¢ church's ability to cotLli])￿ as a going on¢¢rJ). The financial $iatement5 or¢ ￿SenTed ill s￿r11n8 {£}. Funds URr¢slricled funds represeni ihe fullds of Ibe ChurLh that ar¢ not subJ¢ct ro any resiriciions r¢gardin¥ their use and arc availabl¢ for application on the general pu4)oses of the Church. Thes¢ may includ¢ funds desigDated for a partitlllar pwptsse by th¢ Church. The purpo¥¢ of any restricted frjnds is noted in th¢ a￿oUnts. Th¢ 8ccovnis only include tratss8ction$. Owls and liabslities for which the Chur¢h c￿ be IL¢ld r￿p0￿sIble. ID¢omlng ReBourt¢s Yoluiiiory income and copilalsouices Colledions and r¢bFlllar giving are recognised when receÈved by or on behalf of thc Chureh. IN¢om¢ tax recoverable on eoveDant¢d or 8sft aid dott#tions i5 recognised when claimed. Grattts to the Church are acrouDted for when rec¢ived as soon as the Chuich is Dotified of it5 I¢Bal entitlelneni, the amouni dlle is quantifiable ond its ultimat¢ receipr by the Chllrch is reasonably ¢¢rtain. Fuad$ rnisd by social and sitnilar events are acLoutttL',' ' gtOSS. Oiherordinory incowte RenMI income from the lettillg of chureh pr¢trLiS¢S is a￿oUnted for when ibe hiring thkes place and also for two properties owned shown &$ Fixd A55¢t Investments. For lega¢i¢5, etktit]¢ment 15 iakcn as the earlier of.. the date ort whjth the ¢h￿lty is awaTe thai probate ha8 been 8ranied,. th¢ ¢stat¢ has b¢cn finalised and notification hag been rnade by the ¢xecutorfsl ￿ the Tnjst that a distribution will be made,. or whet) a di$tribulion is r¢¢eiv¢d from th¢ estate. Reteipt of tt l¢ga¢y> in whole or In part, is only cortsjdered probabl¢ when the amount can be mtaSUT¢d reliably and the ¢haTity has been notified of the executot's intention to make a distribution. Wbere lega¢ies hav¢ been notifLed to Ihc charity 01 the charity i5 awar¢ of th¢ granttng of probate, attd the eril¢ria for inLotn¢ I￿Ognition hav¢ noi be¢n meL ihen th¢ legacy is tr¢ated a5 a coniingent 8$3ei and disclosed if rnaterial. 15 Mlekltover MethodTr5t Church r*otes to the Fln*tttl¥l St&l¢m¢ats for the y¢*r ended 31 August 2025- continued Donated Servltes Ind F#¢tlities Donated S¢Tvices and facilities are Tecognised as income when th¥ Charity ha5 COtLtrol over the item. any ¢onditlOnS ￿50Cla￿d with thc don21ed item have been rnct, th¢ receipt of economic ben¥lit fiom the use by the Charity of iht item is probable and that ¢¢0s)omic benefit can be metsured reliably. On rtteipt, donated 5ervic¢s and lacilillc5 reco8nised on th¢ basis of the value of the Bift to the Charity whi¢h is th¢ amount th¢ chariiy wollld have b¢en willing io pay io obtain services or facilities of ¢quival¢nt economic benefit on Iht open market. 2 ¢OtT¢sponding aTtLouni is thell reLogll￿ in expertditure in th¢ periLKi of receipr. where this can be quantifted. IncomeJmnJ iniyslnienls lllt¢r¢5t on funds hcld on deposit is irtclud¢d when r¢ceivdble and the amount Can be me&%iired reliably by the h#rity' thLS j5 nonllally upon ttorificaiion of th¢ in*r¢gt paid or payable by the bank. Realisedgains £fFJd losses R¢Blis¢d ga¢ns or losses are reco8llised wbeL iDvesltTr¢tsls are 501d are calculated &% the differell¢e beiw¢e 5alcs proceeits and the previous year end maTkct val￿. Uth)realis¢d gaiu5 QT loss¢s ore accounied for OD revsluatiott of inv¢stm¢tti$ &t their year clld tnarket values. R¢50urces Expended Exp¢ndilur¢ is rccognised on an a¢¢tuals b85i5 8s a liability is incurred and in¢ludes VAT whet¢ WTOPTiatE whteh cannot b¢ retoveT¢d. Thi5 l5 recognised when a liab2lity Is irtcutted or a constructive obligation arises that results ui th¢ paY￿ent being unavotdable. Giviilg Grants and donations are accounted for when paid. Costs dir¢cUy reloiedio the workofihe church Th¢ Church a5sessm¢nt is accounted for when payable a.ld any ￿n0￿￿t unpaad at the ye4r end 1$ shown as a creditor Lt) the Balance Sheei or debtQT sh(>uld th¢ amoiint b¢ paid in advance. Irretoyerabk VAT Irr¢Gov¢rablc VAT 15 charg¢d again51 the exp¢ndiiwe headfft8 for wbich it was incurrcd. FIX￿ Assets LottduFidbuildings Lartd and buil(b'ngs held on behalf of the Church for its own putPU5¢5 aT¢ shown at cost. No depreciaiion is harg¢d on land and buildings as the rtsidual value Is believed to b¢ higher than hisloiical cost. Previously the asscts were held at a revalued amount, these ar¢ now showm ai ci>st and this htss resulted in a revaluation adjusithent. EqiitpmcntaKdoÉherfLrlurc.F ondfitisng.v Equipujent used for rhuTch purposes is depreckakd as follows'.- Organ-over 10 y¢ar period AV Equiptnent- over 3 5 year pcriod All other ¢quipment- 254/0 r¢du¢Jn8 b&lance Investments Two properties at 34 ond 36 Station Road, Mickleover, Derby - these ar¢ ]K)t depr¢riat¢d and are to k caLTied at fair valu¢ 3s ufLr¢stsicl¢d assets. The tDOSI recent valuaiioJ WAS ¢orti¢d out on 24 August 2016. 16 Mltkleover M¢thodl$t Chur¢h Notes to the FinY4nclil Stiitmtni$ for the year eDdtd 31 Aug￿$1 2025- coutinued Pension cost8 The ehuich QPErdle5 a deflned contribution pension s¢h¢me with S¢8ndard Life. Conwibuiions payable ro the church ￿nsIon schem¢ are chargtyj ill the period lo which they rel&t¢. Debtors & Pttpayments Debtors includes outstanding letting invoice in AugusL CTeditDrs Crediiors tnLludes outsi*Jditt8 item relating to utiltti¢s and services payable after th¢ y¢at ¢ud date swplt¢d b¢fore thai dale. CTeditor$ and provi5i0n5 ar¢ normally reeogniscd ai their settlement kmoullt. Flnanclal In5trument$ The Charity has finxrtcial assets and financial liabilities of a kind that q￿alify as basic finall¢t81 instrum¢nts. Basic rinancial instwm¢llts are initially r¢cognised at trart8&ciion value subs¢quently measured at thejr stttlement value. JudgemeDts and Key Sourtts of E$tlm¥tEon Uncert*iDty The prep2Tation of accounts using generally aecepled accounting principles require5 nianag¢ni¢n¢ to make ¢stima1¢5 and assumptions thai affect Ihe reJx)rted amounts of as5et5 and labilities ai ihe date of the accounts and the ieported attwunts of r¢v¢nu¢s and expertses dtsrirtg the reporting p¢riod. The key e$illDates and 8ssutuptioDs used in thc Financial Statements ar¢ detailed in th¢ accounting pjlicies. UnrthTiCted Restri¢ted Total FuDd5 FuDds Funds 2025 Total Fund$ 2024 2. INCOMING RESOURCES 21*1 Dongted ltttome- Volullt•ry Collxlion5 and r¢gular giving Gifi Aid recoverabl¢ Donatsons (National and Lo¢al} Totsl Don8tioDs an41 L¢gaeies 61.340 2.034 63,374 16,165 8,536 62.702 14,396 8.536 2.034 21bl Gross income from tvents gclivities OtheT Income- Int¢rnal Organ¥sation Fund Raisiiig Events Letlings In¢om¢ Sundry and Legacy Income 163,714 163,714 136.189 3.812 26,334 2,960 31,235 20.775 54.970 31,235 20.775 219 845 164 875 18L 789 2{¢) Inve5trnevi Income Bank inieresi lllvestsnenl Pwp¢rty In¢ome 3.575 11.707 3,575 1.707 3.564 11.665 TOTAL INCOMING ￿￿OURcEs 156293 323,202 284 170 Lettin it)come- 15 used solely 10 enh2nc¢ the #¢liviti¢s of the church and its objectives. TTUSttes aggregate giving for the year tor8lled £22.08012024: £24,700). 17 Mlekltover M¢thodist Church Notes to the Flnonclal Statements for the yt&r ¢ttd¢d 31 Augusl 2025- contijhued 3. RESOURCES EXPENDED Vnr¢strict¢d Rt5tri¢ted TOIAI Fumds Funds Fthknds 2025 Total Funds 2024 Collllexional Fllnds 1.625 1.625 1.625 1.625 1,625 31b) Direttly related to the work of the ChyTch Circuit As5¢5STnen15 Internal Orgoni5atiort Insurance and Utsliii¢s Prop¢rty ExpendiNrt otlir¢ and oiherc0515 Salarics Depreciation 61,652 61,652 15,525 13,231 34,356 25,407 145.765 11.24)6 63,517 15,525 573 12,658 34.356 11,700 28,621 34,424 29.268 137,079 13.707 117,144 160.193 146,949 307,142 301165 Total ResoDr¢es Expended 146,949 308,767 303.?90 Oihercosts includt the Indepcttdent Examination fee of £795. During the year, the trusi¢¢$ teconsid¢r¢d tile allocaiion of costs kiween"Offi¢¢ oth¢r costs" and'lniernal OrEani%ation" h¢adiNg5. The compaTaiive figures. amounting to £3,817. have not b¢en am¢nded as this relates solely to pres¢nt8tiOD and has no impaci on ￿181 exp¢nditur¢ orn¢l movetnent ill funds. 4. TANGIBLL FIXW.D ASSETS Frethold L*#d aod Bulldlngs Equlprncnl Total Cost At I Sepiemb¢r 2024 Additions At 31 Augu$t 2025 1,475.000 120,962 1,595,962 1,475 000 120962 1,595 962 D¢preci4tion At I SePtert￿tr 2024 Charg¢ for Year DisFK>Sals At 31 August 2025 98,550 11,206 98,550 11.21 109756 109.756 Net Book Value At 31 August 2024 At 31 Au8USt 2025 1,475,000 1.475.000 22.412 11.206 1.497.412 1.486206 Th¢ fr¢ehDld land and buildings comprise the laftd and property at StatÈon Sir¢el. Mickl¢over. Thc Church buildJJJg and ihe cortage$ art cUr￿￿t￿Y iTLsur¢d for £4.269,312. A rev81u8tion xtt 2017 reduced the vaJv¢ of th¢ land and buildJn8s 10 the 0ri8irtal £051 #nd aT¢ th¢r¢fore isot depreciaied. 5. CREDITORS: AMOL'¥TS FALLING DUE AFTER NIORE THAN ONE YEAR 2025 2024 Cbur¢h of North PartllW5hip 1,21)0 The Church has toffitJ]iiiol to support itL¢ Irai[L￿8 of a Presbyter in the ch￿[Ch olNorth India, a ¢0[￿Mi￿n¢￿t or £600 fot 4 yettrs ￿4}ICh stsrted in 2013114. £1.800 has bctn rq)aid lo date. The timing of furth¢r repayments Ttmajns uncertain. 18 MickltoveT Methodtst Chur¢h Notts to th¢ Finanei41 Statements for ihe year ended 31 August 2025- tondnts¢ 6Ia) Inve5tmtnt ProptrtleS Two properties at Statioii Road, Mickleovcr, Derby, DE3 9GH No. 34 No. 36 Total ValuatlDll as 3124 August 2016 undenakert by Grnham Pettt&y. 142.(MXI 105,000 247.QOO Th¢ pro1￿rtieS have noi been dejxeciaied &$ they are held as illv¢stmeDI assets. 61b> Investments The fvnds thai support th¢ various funds are held by TMCP in Trt*s￿¢S Inter¢sl Funds on which inrerest is credit￿ to the #c¢ount5 ¢ach month. Th¢s¢ are regarded as medium artd long term investm¢nls. TMCP is the legal owrter and Custodian Trust¢¢ of all Methodisi Model Trust prvp¢rty, including legacies. Endowments and Accumulaied [￿NdS. Trust Property is hcld for and ott behalF of local Managing Trustees who are r¢sponsibl¢ for the day 10 day mattagethent of trE]St property. TMCP ensure thai, through proVid￿B guidanc¢ and acting under their direction. tht Managing Tru5*es ¢OTnply with Ch￿lty Law and Methodist Law and p)licy as d¢l¢nnined by the Methodist Cottfetente. 7. Fund Details Key." R- ResÈiicledJn¢ome Funds. UR- Unrg5trittÉd Funds Y￿r Ended JI August 2025 Fund B*l#th¢ Cllrrled Trl Trsftrs FoTW4r Brought Fund Names Typ¢ PuTPOSt *Dd Restrtctlons EApeDditure Provide outreach and mission ArKI maintain th¢building ProTrid¢ outre￿h to cbildreD of Mickleovei Fuftds in Jn¢mory of lov ones Upk¢¢) Of ¢ottagcs ow1￿] by the Chui¢h Pro￿de relTef EO the F￿￿Or attd disadvanthg¢d K¢lief of poverty and distress ghe wor Pn)vid¢ car¢ support to the clderly SukV)rtof young rhililirn &nd th¢irtarers Pioyision of learntng, d¢YelopmMt Ind ¢art foT childre Provides care and support 10 the wornen of thc Church Providc tellow.thip for the eonyllunity ai larye Help girls bl￿O[rO followers of Jesus Chrs General Fund 1,533,046 13Q.294 136.936 17.8741 1.5111.530 Children & F4milits WoJk¢r UR 14,291 22,165 7.874 L¢gacies 2.500 2.500 L,: ages Fund UR -'97288 11,707 2,716 306,279 Exiyrnal OTganLsations 2,034 Bcttevol¢nt Fund 24 24 Coffee & Cbat 488 Little Mic￿er5 178 673 726 125 Mltklwvrr M¢th Pr¢5th001 58,328 159.571 139,134 78,765 Tuesday Fellowship l.(Y73 2.229 1,877 1,425 Wesley Guild I(￿ Derby G￿1$ Brigade 2.30 1894 745 1.532 1909 1811 Total F¥4ds 323 202 308.767 D¢8t naied Fund Bala#¢e There are two at£ounts set aside for sr¢eific use, th¢s¢ ar¢'.- Leg￿leS Donation Coitages (see note 6(all 2,500 306,279 308.779 19 Mi¢kleover Methodlst Chknr¢h to the FIM¥ncial StatemeDts for the year ended 31 Aug￿St 2025- toJtinu¢d Year ETrded 31 AugD612024 Fund B*laiLtt5 Fund Balanres CArricd Fonv*rd Fulld N￿l￿e& Typt Puryosc and Restricttolls •rwird ExpoDdltllre TrAn$fers Provide outreach and mission roaiDtaitt th¢ bu]Idin8 PrTrvide outreach io childrcn of Mickleover Fund5 held m memoryof loved ones Upkc¢p of rollages0￿'￿¢d by Ihe .buich Provide r¢lief to the ]N)or di5adv&ntaged Reliefof poverty alld di$tyess in the pjor Providc Cdre alld supportto the eldttly Supwrt uf youThg children and carcrs Provision of learning, develoweftt and care for childrerj Provides csre 8nd support to the women of the Clillrch Provid¢ frllowship foT the QIILTllunLty ai large He￿ girls becom¢ follDW¢ts of Jesus Chr*$t Toial Gcoetal Fto UR 1,560,889 140.658 12,7681 1,533,045 Childrett & FatnilFr5 Work£r UR 14,383 21.024 6,641 Leg2¢tes UR 3,373 13,8731 2.5(X) Cotta8e5 Fund UR 289,226 3,(4)3 297,258 External Org8ni%&tions 2.325 2,325 Beo¢volelll Fund 35 Coffre & Chat Little Mickle 174 643 637 179 Micklcover Meth P￿￿h0o1 57,848 131.825 58J28 Tuesday F¢llowship 1,965 1.073 Wesley Guild DetbyGitls Brigade 1.697 1914 365 2.449 1894 745 fl. &4NALYSIS OF NET ASSETS BY FiJND Tgt41 Funds 2025 Total Vnr¢sÉrkted R¢%iil¢ted Funds Funds Ye#r Ended 31 August 202S 2024 FixLMi Assets Cuttent AsSeislL￿bl17I}¢s Fu4d BAJ*ll¢e 1,733.206 1.733206 175.974 I.￿)9.1&) 1.744,412 liO.333 1.894.745 1,827.309 Y¢ar F.nded JI AUg￿￿t 21J24 Toial Futtd 2024 Tot*1 Funds 2023 Unrestr￿le& ReSt￿tted Funds ds FrAed Assets Cuttent AssetslLi¥bilities Fulld Bal*Dee 1.744.412 88,422 1832 834 1.744.412 150.333 1.894 745 .?59.335 155030 914 365 20 fvllekleover Methodist Church Tr40tes to the Flnatttlal Statev¥ent5 for the yur efjded 31 August 2025- contlnued 9. STAFF COSTS Totwl 2025 Total 2024 Wages salaries Pension costs 138.717 7.048 145.765 133,074 4,1)05 l37 079 The average nujnber of staff employed duruig the year were 8 (2024.. 10), of Ih05e 6 are withill the pension $ch¢tne. No employee eam¢d £60,000 p.a or more. No Trustte5 Ichurch Council members received or is due 10 re¢etv¢ tsny exp¢nses OT iemun¢ration for the year. Th¢re Èr¢ no related party transactions to nok. 10. PENSIOP4 CONTRIBUTIONS Mickleover Meihedi$t Chuith conthbute5 to rhe per*sion 5chcrnc an amtstsnt based on the ¢tnploy¢¢'s basic salary and the employees are requiied 10 ]nake a JJ)inirnum contribution. En)ployets' cotstrib¢Ltions foT the year totalled £7.04812024.. £4.0051 and there were tK> contributlOJ25 outstsnding al the year ¢JMI. Duting th¢ y¢aT the Charity identified that a member of staff had not b¢¢n enrolled in the workplace pension $¢h¢m¢ at th¢ appropriale lime. Addiiional employeT CQlltributions of £2.061 rclaling to earlier peTi￿S was included within stsff costs i 2025. Miekleover Methodist Church had 6 active members In the pensiort scheme at 31 August 2025. 21 Mickleover Methodlst C.hurtb 1¥40te$ to the Finan¢i41 Statements for the year ended JI August 2025- tont5thu¢41 11. RELATED PARTY TRANSACTIONS This Year P8ymeDts to rtlated plrty durtng the year 2025 Pgymellts to relat&d party durlaie Ihe year 2024 Descrfrption of traftsattlo N#me of related party Relationship TfvIA Methodist Fund Donation Fund for Support of Presbyters & tkacons Fwid for Property All We Can Mrthi>di5t Fund Donation 425 MethLKii5t Fund Donation 500 Partner Donation Lwvr Parnier Donatio 375 Meihodisi Hom¢$ Parther Donation 640 Action for Childre Partner Donation 308 265 MÉssion Brithin Fund Methodist F¥nd Dotiation World Missiozj Fut Meihodisl F￿thd DoThaiion 92 278 Susattnah Wesley HO￿se Nigeria Healthcare Padley Cenire Cknristian Aid Methodist F￿t)d Dottaiio Methodi51 Fund t)onalion Methodist Ftsnd DoThation 173 103 20 Methodi$i Fund Donation 10 Mi¢kleov¢r M¢thodisi Preschool Meihodisi Fund DDtialioJ] 392 Safe & Sourtd Methodist Fund Donation 252 Totpl 1,697 2.816 TherL' are no other relat¢d paTty trnnsactions. 22