Klxeld Met4
Learning.
Changing.
Joinin9 In
OistriGt
Sheffield Methodist District
Annual report and accounts
For the year ended 31 August 2023
Registered charity number 1129363

TRusfEES ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2013
Reference arKI admlnlstratl¥e detalls
Reglstered charity number.. 1129363
Addre5S:
Sheffield Methodist Distrirt Office
Room 47, Virtorla Hall Methodist Church
Norfolk Street
Sheffield Sl 2JB
The following body was the custodian trustee throughout the year and up to the date of this report= The Trustees for
Methodist Church Purposes
The followin8 persons were mana8in8 trustees during the year or up to the date of approval of this report..
Rev Gill Newion Ichairl
Rev Sean Adair Ire5igned 10 September 2022, appointed 11 May 20231
Mccauley Key Iresi8ned 7 March 20241
Rev Jon Bellfield
David Burton
Rev Julie Coates (appointed 10 September 20221
Gill Daty13ppolnted 22 April 20231
Erica Dunrn(>w lappointed 22 April 20231
Neil Harland
Rev Margaret Mwailu
Rev Michael Neal Iresi8ned 31 August 20231
Rev Romeo Pedro lappointe(19 September 20231
Rev Claire Rawlinson (appointed 22 April 20231
Rev john Simms (appointed 9 September 20231
Griff Wynne Iresigrted 10 September 20221
ructur
overnance and rnan
The District's governing document i5 the Constitutional Practice and Discipline of the Methodist Church of Great
Britain. The District Leading Team. who are the managing trustees. indude key Offi￿ holder5 and other members
repfesenting the diversity of the district. All members are appointed annually by the RepTe5entative Synod, with
member5 appointeil by the District Leadin8 Team to fill casual vacancies between meeting5 of Representative Synod.
Representative Synod meets twice each year. The District Leading Team and other Dlstrict meetings meet re8ularlv
throughout the year. Further authorities io act on behalf of the O￿trict between meetings are delegated to the Chair
and varlous Distiict officer5.
Ob
ertfves an
actl¥ltles
The objects of the Distrirt are set out in the Methodist Church Art 1976 Idause 41.. advan￿ment of religion and any
charitable purpose of the Methodist Church or thurth or8anisation.
The maln activities undertaken for ihe publTrc benefit in relation to these objects are the promotion of Christianitv
through the staging of events, SUPPOrtinE Methodist and other charitie5 in South Yorkshire. north Nottinghamshire
and north-east Derbyshire. and financially, through provision of technical guidance and in Pfayer.

TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2023
Achlevements and
miance
We are sad to report the death of Griff Wynne in 2022. Griff had served the district in many ways. indudinB as a
member of our Dlstrict Leading Team. He had also been instrumental in the formation and on&oin8 leadership of The
Crossing Church and Centre in Worksop.
The primary focus ol the District Leadin8Team dvring the year has been the im￿ementation of our 2020-25 strategy
for resour¢ing mission. Forsuch A fime As This. This fotusses on six priorities for èquipping our circuits, churches and
their member5 to respond to the 8ospel of God's love in Christ. whth is their callin8 and our calling:
GROWING DISCIPLES lies at the heart of our strategy. as a bedrock of supportive accountable, deepening
relationship with each olher and with Chrrst.
Thi5 lead5 to PASSIONATE CONTEXtUAL WORSHIP and TRANSFORMING MISSION for such a time a5 thi5.
Particular support 15 needed to rediscover Confiden￿ in SHARING STORIES for such a time as this.
We will help set disciples free for a life of worship and mission by SIMPLIFYING PROCEDURES and provldlnB
expert SLtpport to make their PROPERTIES FIT FOR MISSION for such a time as this.
Following the appointment of a Children & Youth Coordinator in the prior year, we have seen a growth in engagement
wlth children and young people. Attendance at oui Youth Away Day and at the natlonal 3Generate youth conference
both Increased In the year.
With much of our role being to share best praciice, new stories and encourage innovation. we were pleased to see a
further Increase In Ihe reach of our digital communKations. We have also increased the feach and inclusiveness of our
communlcations by launching a widely distrib￿e￿ printed magazine. We also commiss￿)fted videos tellin8 the story of
three of OUT new Christian communities.
We ale startlng to see a recovery In attendance at our Dlstrict Gathering events. whkh thls year focussed on themes
of How to be o just¢hur¢h in on unjust world?and Nurturing Leoders.
We launched two short term seed fundlng grant programmes during the year. Our Warm Spaces grants and support
piogramme ènabled 41 churches to provide inclusive warm welcoming community spaces in response to the cost of
living crisis, supportin8 2,CM)O people. Our erbe￿ effi¢iency fvnd supported 13 thurches to reduce their carbon
footprint through energy efficiency audri
We have sUPPOrted our Circuits in successfulty catching up the ba¢kloB of safeguardin8 trainin8 which had built up
during coronaviru5 lockdowns, alongside supporting introduction of a new national EDI training. Our safeBuarding
audits of churches have again shown steady impiovements in praCtI￿S and record keeping.
Durin8 the year we started new communitie5 of prarti¢e for leaders of new Christian comrnunitles and justice seekers.
Our staff team also contributed to development of new national training resource5 for youth volunteers. propertv
stewards, GDPR ¢ompllance and leadws of new churches.
FSnanclal revSew
The financial statements have been prepared in accordance with the Statement of Recommended Practice
'Accounting and Reporting by Charities IFRS 1021. effectbve l January 2019 and Finandal Reporting Standard 1021"FRS
102.1.
The Olstrlct recorded a surplus of £93.￿OI2022 surplus of £22.lX￿l. The uncommitted balance on our Advance Fund
Increased by £98.000 during the year. with income again being higher than anticipated. The balance carried forward In
the fund is experted to decrease over the next three years as we begin io invest in startin8 new Christian
communities, amongst other initiative
The principal recurring sources of funds continue to be obligatory payments by Methodist circuits in the Di5trirt and
grants from the connexional Methodist Church Fund and other Methodist bodies. We have maintained an active
dialogue with our circuits during and since the year end and remain confident that they will be able to maintain thelr
contributions to our work.

TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED al AUGUST 2023
The major items of Distrfd expenditure continued to be £147.(th12022- £213.(M)01 on grants and donations, and
£267,00012022: £292,oc(Il on staff engaged in the Distrirf5 difeu mission projects or providing support and advi￿ to
Methodist organisations Wtthin the District. Prior year grants intlude £95,¢JXJ to the new Who Is Your Nei8hbour CIO.
bein8 8ranttng of restricted fvnding receNed prior to thi5 distrirt project becoming a fully fl￿ged independent
orEanisation. and so underlying 8rants awarded have increased by £29,000 this year.
No investments are held outside of the TTUStees for Metttod￿t Churth Purpms.
Rt5erves
Advance fund.. The reserve5 policy for the Distrsct Advance Fund is that the District will only award grants from the
liquid fund5 available. after making allowance for grants ple(18ed but not yet paid over and a reserve of three months
direct li.e. non-grantl Advance Fund expenditure. Grants are awarded in accordance with the District strategy for
resourcing mission and Usual￿ for 3 period of not more than fve years. The uncommitted DAF funds al 31 August
2023 were £330,IM).
Other unrestricted funds: The poliry of the District is to fflaintain liquid funds li.e. net current assetsl in other
unrestTlCted funds equivalent to between three and six months expendtture. Liquid funds amounted to six months of
expenditure at 31 August 2023131 Avgusi 2022= six months).
Other funds are held for specific purposes, with the policy of the D￿trict being to ensure that sufficient amounts are
held in or available to each fvnd In order to meet its fvture spedfic commitments. Restricted fund balance5 at 31
August 2023 are:
Methodist Women in Britain {£2,(KKII to equip women to fulty partiupate In the life of the Chrk5ti4n church
and in society
Learning Network (balance £nill to fund training events organised by the Yorkshire Plus Learning Network
North East regional team
Mission Enabler (balance £3.0th)I being Brant funding for thls project to be Spent in future periods. All
existing commitments are expected to be met frorn secured funding
Peak Park Rural Development Enabler Ibalance £nill being grant funding for this proleci to be spent in futilTe
periods. All existing commitments are expected to be met from sÈcured funding
Persian Ministry Ibalance £33,¢yxII being grant funding for this project to be spent in future perlods. All
existing commitments are experted to be met from secured fundin
New Places for NÈW People (balan￿ £14,lJ)01 bein8 grant funding for this project to be spent in future
periods. All exi5tinB ¢ommitments are experted io be Met from secured fvnding
Declaratlon
The trustees declare that they have approved the TruSt￿S Report above.
Signed on behalf of the charivs trustees:
Rev Julie Coates
Deputy Chair
Neil Harland
Treasurer
7 March 2024

INDEPENDETr￿ EXAMINER'S REPORT FOR THE YEAR ENDED 31 Aufjusf 2023
Inde
endent Examlner's R
rt to the Trustees of Sheffleld Methodlst Dlstrkt
I report to the chaiity trustees on my examination of the a¢¢ount5 of the ¢harity for the year ended 31 August 2023
which are set out on pages 5 to 17.
Res
onslbllltles and basls of re
As the ch3ritVs trustees you are responsible for the preparation of the accounts in accordance with the requirements
of the Charitie5 Act 20111'the ACVI.
I report in respect of my ex3mtnation of the charivs accounts carried out under seciion 145 of the Act and in carryin8
out my examination I have followed all the applicable Directions given by the Charity Commission under section
14515llbl of the Act.
nde
ndent examl
ement
Slnce the charl￿S gross income exceeded £250,rJx) youf examiner must be a member of a body Ilsted In sertlon 145 of
the Act. I confirm Ihat l am qualified to undertake the examination because l am o member of the Institute of Chartered
Accountants in England and Wales, which ts one of the listed bodies.
I have completed my examination. I confimi that no materfal matters have come to my attentlon in connection with the
examination giving me cause to believe that in any material respect=
ac¢ountlng records were not kept in respect of the charity a5 required by Section 130 of the Act,. or
the accounts do not accord with those re¢ords.' or
the accounts do not comply with the applicable requlrements Con￿rnIng the form and content of accounts set
out In the Charities IAccounts and Reports) Regulations 2CA)8 oiher than any requiremenl that the a¢¢ount$ 8lve a
'true and falr vie￿ whl¢h Is not a matter considered as part of an independent examination
I have no concerns and have Come across no other matters in connertion wtth the examination to which attention
should be drawn in this report in order to enable a proper undetstanding of the accounts to be reached.
3JJ
Simon Bladen FCA
Hawsons Limited
Chartered Accountants
Peagasus Housè
436a Glossop Road
Sheffield
510 2QD
Date-
l Ae..1 lolk

STATEMENT OF FINANCIAL AcrnimES FOR THE YEAR ENDED 31 AUGUST 2023
Other
Advance unre5trlcted Restrlcted
fund
fund5
funds
Total
Total
2023
2023
2023
2022
£'ooo £'ooo £'ooo
Incomefrom."
Donatlons
Contributions from circuit fflodel trust funds
Distribution from Connexional advance and
property funds
Assessment on circults
Grants recetve(I
Other charitable Income
Total charitable actlvltles
132
132
159
145
145
95
139
139
126
132
132
17
13
31
29
278
156
145
579
617
other tradlng actlvltles
li
li
li
Investments
17
21
Total income
171
149
616
634
Expenditure on..
Grants and donations
Salarie5 and stipends
Administration and office
Property and insurance
Travel
Venue hire and event caterin8
other charitable costs
Total charitable artivltles
Iiiil
1591
121
151
{921
1141
lioi
lioi
1141
lioi
11551
1311
11161
11471
12671
1161
1261
1181
1321
112}
1518)
12131
12921
1201
1311
1161
171
1181
li}
1191
1171
16091
lin)
{1901
Other tradln£ actfvltles
{51
131
Total Èxpèndlture
1173}
11601
li￿)
15231
1612)
Net Incomel I￿pendIture)
Transfers between funds
Net movemènt In funds
123
1251
li
1411
28
93
93
22
Opening funds
Closlng funds
232
289
65
586
564
a30
297
679
586
There were no recognised gains and losses in the year other than those presented above.
All adivities are classed a5 continulng operations.

BALANCE SHEEf AS AT 31 AUGUST 2023
Note
2023
2022
Tan8lble fixed assets
21Z
zis
Current a55ets
Debtors
Investments with TMCP
Central Finance Board deposits
Cash at bank and in hand
Total current assets
525
420
22
15
14
505
Credltors: amounts lalllng due wlthln year
{1411
11031
Net current assets
402
Total assets less iurrent Ikbllltles
715
617
Credltors: amounts falllng due after more than one year
io
131}
Net assets
679
586
Funds of the Dlstrlct:
Advance fund
Other unrestricted fund5
Restricted funds
Total funds
12
13
14
330
297
52
232
289
65
679
586
The financial statements were approved and authori5ed for issue by the District Leadership Team on 7 Marth 2024.
Rev Julie Coates
Deputy Chair
Neil Harlar
Treasurer
Re8lStered chartty number 1129363

CASH FLOW STATEMENT FOR THE YEAR ENDED 31 AUGUST2025
2023
2022
£'ooo
Net cash generated by operntlnÉ actlvftles
16
141
Cash flows from Investlnz a¢thTltles
Disposal ol tart8ible fixed assets
Interest
21
Net cash prmilded by Imiestlng actl¥ltles
21
Increase In cash and cash equlvalents
162
li
OpeninE cash and cash equivalents
Closlng ￿$h and cash equlvalents
457
619
17
457

PRINCIPALACCOUNTING POLICIES FOR THE YEAR ENDED 31 AUGusf 2023
Charlty Infomiatlon
Sheffield Methodist District is a charity reg55tered in England and Wales (number 11293631. Its registered addre5s1s
Room 47, Vlctoria Hall Methodist Church. Norfolk Street. Sheffield. Sl 218.
Basls of preparation
The Charity is a public benefit enttty.
These financial statements have been prepared in accordan￿ with the Statement of Recommended Practice
'Accovnling and Reportin8 by Chartties IFRS 1021, effective l January 2019 and Financial Reportin8 Standard 1021"FRS
102.1. They have been prepared under the historical cost convention.
These financial statements are presented in Pounds sterling £'(KX).
The prSncipal accounting policies of the Distrirt are set out below.
Consolldatlon
The Di51rirt oversees the work of Methodist churches and ¢ir¢ui1s Within south Yorkshire, north NottinBhamshire
and north-east Derbyshire but does not seek to control circuits or churches or their ministws or lay workers except
In extreme circumstances. For this reason the financial results of these churches are not consolidated into these
fin3ncial statements.
Go5n8 concern
The Trustees have prepared these finanial statements on the 8oin8 concern basis. The Trustees have reviewed
forecasts to 31 March 2025 and on the basis of those forecasts bdieve that the District will be able to meet its
Ilabilltles as they fall due. These forecasts have been prepared conservatively. Induding risks and sensitivlties to
anlicipated financial performance, including a revtew of artual performance compared to previous forecasts.
Whilst the cost of living crisis is likety to impact Organisations across Methodism. the Trustees do not anticipate
that sufficient income to sustain core district activilie5 will ￿ase to be available. Based on the infom)ation
currently available in respect of the future. the Tfustees consider that the Distrith h35 the plans and resources to
manage its risks Successfully and that there are no material uncertaintie5 about the District's ability continue as
going concern.
Income
Income is not reco8nlsed yntll re￿Ipt Is probable and the amount ¢afi be reliabty measured.
Contribution5 from circuit model trust funds are levied on I September each year. calculated accordin8 to the
balances included in these funds at this date. which are outside of the control of the D￿trict. They are recognised
as Income when levied.
Disiributions Irom Connexional advan￿ and property ft5nds ère ￿e1ve1 based on the balances and transactions
within those funds, which are outside of the control of the Di5trKt. Income 15 recognised when distributions are
formally confiimed by Connexional officers.
Assessments on circuils are charged based on based on amounts agreed in advance with circults as a contribution
towards the runnin8 costs of the Disirid. Assessments are rȢognised as income in the period to which the fundin8
relates.
The Distrid also acts as an agent in ￿Spert of Connexional a55es5ments collected from circuits and remitted to the
national Methodist Church Fund. These Connexional assessments are not recognised as income or expendlture In
the statement of financial activity. because there is no Obl￿tIon on the District to make up any 5horttall
Connexional a55essrnents from circuits.
Whilst time 8iven to the Distrirt by many volunteer5 15 e55ential to its work, this donation of time is not recognised
in these financial statements since its value cannot be measufed reliably for accounting purposes.
Expendlture
Re50urce5 expended are included in the statement of financial artivities on an accruals basi5, inclusive of VAT.

PRINCIPALACCOUNTING POLICIES FOR THE YEAR ENDED 31 AUGU5f J)23
Grants pledged
Grants pledged by the Distri¢t are recoBnised in full when the District 15 under a legal or ¢onstructive obligation to
make the payment, Usually On￿ the Brant has been approved by the District Leadership Team and the pledge
tommunicated to the appliont.
Fixed assets
Individual fixed assets costin8£1.tW or more are capitalised at cost.
Tangible fixed asset5 are Stated at cosL net of depreciation. Existin8 ttistoric costs have been retalned on adoption
of the 50RP for all fixed a55ets.
Depreciation is calculated to write down the cost or valuation less estimated realisable value, of all tanglble fixed
ssets over their experted useful lives. Depreciation is recognised on a straight line basis over the following
peTiods:
Freehold buildings: 50 years
Freehold land is not depreciated
IT equipment- 5 years
Where the District leases properties temporarily surplu5 to its own needs to individuals or other organisation5
these assets are classed as tan8ible fixed assets, since their fair value cannot be measured reliabfy without undue
cost or effort.
At each reportin8 date fixed assets are reviewe(I to deterrnine whether there is any indi¢ation that those assets
have suffered an impaimient loss.
Retlrement beneffts
Certain of the District's former lay employees are members of The Penslons Tmst Growth Plan ISerle$ 31. a multi-
employer defined benefit pension s¢heme. Provision has been made In these financial Statements for defficit plan
paymen15 agreed wlth the scheme's trustees.
Ordained minlsters stationed within the District are entitled to become or remain members of the Methodist
Ministers Pension Scheme. This is a defined benefit pension scheme. Mofithly employer pension contributions are
accounted for as expenditure in the statement of financial activities as they fall due. Payments to settle thè deficlt
on this scheme are borne bythe Methodist Coftnexion.
leased assets
Rentals paid under operating leases are charged to the statement of finanoal actlvity on a straight line basis ovèr
the term of the lease.
Flnandal Instruments
The Group holds only simple fifianclal Instruments, bein8 debtors. ueditors. (ash and lease5, which are recognised at
cost le55 provision for estimated irrecovèrable assets.
Cvryent asset deposits in monetary assets held ty the Trustee5 for Methodist Church Purp05e5 ITMCPI as ojstodian
trusiees are categorised as cash eouivalents since they are capable of being converted to cash with Immediate effect
on instrurtion by the District.
Central Finance Board deposits are also capable of immediate liquidation and $0 are dasSIf￿ a5 cash equivalents.
Re#rkted funds
Aestricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these
Cfiteria is allocated to the fund.
Unrestrlrted funds
Unrestricted funds are incoming resources received or generated for charitable purposes and are available for use at
the discretion of the District Leadership Team in furtherance of the 8eneral objÈttives of the District.

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGusf 2023
I Prlor year Statement of flnandal adl¥ltles
Financial aclivities for the prior year comprise the following restricted and unrestricted income and expenditure:
Other
Advance unrestrkted Restrlcted
fund
funds
funds
2022
2022
2022
Total
2022
Incomefrom..
Donatlons
Contributions from circuit model trust funds
DistribLttion from Connexional advance and
property funds
Assessment on afcuits
Grants received
other charitable income
Total charltablè actlvltles
159
159
95
95
126
126
208
29
208
18
li
137
226
617
Other tradln8 actlvltles
li
li
Investments
Total In¢ome
256
230
634
Expenditure on..
Grants and donatlons
SalaTie5 and sttpends
Admini5tratiort and office
Property and insurance
Travel
Venue hire and event catering
Other charitable c0515
Total charltable artlvltles
1881
1501
{21
iioi
1841
1141
1131
191
Iiisi
11581
1213)
12921
1201
131)
117)
1191
1171
1181
iii
1151
Iiii
13281
161
1139}
{1421
Other tradlni artlvltle5
(3)
Total ex
ndlture
13281
1612
Net Incomel {expendlture)
Transfers bdween funds
Net movement In lunds
114
1981
45
153)
22
1421
71
22
Openin8 funds
C1051n8 funds
160
118
564
232
65
io

NOTES TO THE FINANCIAL STATEMErirs FOR THE YEAR ENDED 31 AUGUST 2023
2 Salarles and stlpends
2023
2022
E'OOO
Salarie5 and stipends
Employer'5 nation31 insurance contributions
Defined conlribution pension costs
Defined benefit pension costs IMMPSI
227
21
12
249
23
267
292
The average number of lay employees during the year was ei8ht12022: eleven). The District also bears the stlpend
cost of the Peak Park Rural Development Enabler.
No employees receive benefits greater than £60,(KKI per annum.
The senior management personnd of the Distrlu Is considered to be the Chair of Distrlct. The total cost to the Distrirt
of providing taxable benefits in kind and the Chairfs manse lin which the Chair is requlred to live in order to fulfil her
dutie51 amounted to £5.LKK)12022.' £7,0￿1. The stipend. employerfs national Insuran￿ and employers pension
contribution in respert of the Chair are borne by the Methodist Connexion.
3 p￿entS to trustees
One trustee12022= onel receitled remuneration from the District for work undertaken on Its behalf. No trustees
received remuneration for services provided as a trustee.
2023
2022
Sala
31
The number of trustees who receNed reirnbursÈd expense5 or on whose behawtravel costs were paid by the Distrhct
was five12022: five).
2023
2022
Travel costs relmbursed
io
12
4 Amounts rttelved on behalfof other organlsatlon5
The Distrlct received £436,(KKI12022-. £449.LXK)I from its circuits for ihe Methodist Church Fund in the form of the
Connexional element of circuit a5sessment5. These amounts are not included in the statement of financial
performance because the District acted solely 35 a tollection agent foi these funds.
Al 31 August 2023 £1.CKKI Temained io be remitted to the Methodist Church Fund131 Au8USt 2022.. £1,(wI.
li

NOTES TO THE FINANCIAi STATEmEP￿s FOR THE YEAR ENDED 31 AUGUST 202a
5 Independent examlner
The independent examiners. fee for reportlng on these a¢¢ovnts amounts to £lIL￿12022.' £2.1￿1. No other services
were provided to the District in either year by the independent exarniner.
6 Grants •¥arded
The District awarded the following grants durin8 the year:
2023
2022
Advance Fund- property prolects
Advance Fund- ministry projecis
Advance Fund- small grants
Advance Fund- pension reserve fund
General Fund- pension reserve fund
General Fund- other
Restricted funds- Who Is Your Neighbour
Restricted funds- ministry projects
Restricted funds- other
Grantsto Instltutlons
53
27
43
23
18
95
26
20
212
General Fund- Learning and development
Granlsto Indlvlduats
Less Advance Fund grants lapsed
15)
Total grants awarded
147
213
Grants from the Advance Fund are made in accordance with our Strat￿ for resourcing mission. Small learning and
development grants are offered to Methodist ministers and lay people in accordance with the Learning and
Development and Ministerial Development policie5. Oetails of these policies, together with further detai15 of grants
awarded to institutions are available on the District website wvnv.sheffieldmethodi5t.or&
A grant of £26,CK)O wa5 awarded to the Connexion31 Pension Reserve Fund duiing the prior year in response to a
national appeal for contributions to restore the balance in this fund. which aid5 the smooth runnin8 of Methodist
mlnisterial pension commltments.
The Who Is Your Neighbour projert. which for many years has operated a5 Part of Sheffield Methodist Distrirt.
became an independenl charity duiing the prior yeaf. This was considered by our Trustees and its management
cornmittee the best way of taking fonvard its ¢ommvnity cohesion work. A new Who Is Your Neighbouf CIO was
re8lStered wilh ihe Charity Commission Ire815tration number 11966671 and thè £95,rxJo balance of restritted Bfants
received but not yet spent was granted on to the new charity.
Re5tfiCted fund mintstry grants comprise support for our New Pta¢es for New People Pilot hosted by Derbyshire North
East Circuit. Other restricted grants in the prior year comprise lar8ety Learning Network grants and projects supported
by Methodlst Women in Britain.
12

NOYES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023
7 Flxed assets
Freehold
land
Free1￿Id
bulk11n￿ ITequlpment
Total
Cost
Opening
aoslng
115
151
115
Depreclailon
Opening
Chargè for the year
Closin
51
53
Net book value
Opening
Closin
115
ioj
97
215
212
8 Debtors
2023
2022
Trade debiors
Loans to churches and circuits
Accrued income
20
Loans to churche5 and Circuits ¢omprises:
Greenhill Methodist Church £8.(W12022.. £32.(*X)I funding towards a property redevelopment scheme. The loan is
unsecured. not interest bearing and is repayable in instalments by 2030.
Enable Social Enterprise Ltd £12.(iK)12022= £14,(￿) funding towards provision of social hou5hng. The loan Is
unsecured. bears interest at 5%, and is repayable in instalments by 2029.
9 Credltors- amounts falllni due wlthln one year
2023
2022
Trade creditors
Grants payable
Defined benefit pension plan
Amounts collected for oiher organlsations
Accruals and deferre(l income
130
92
141
103
13

NOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023
10 CredltOf5- amounts lallln8 due outslde ol one year
2023
2022
Grants payable
Oefined benefit pension plan
35
29
31
11 Contlngent Ilabllltles
The District ha5 made defined benefit pension commitments to certain employèes through The Penslons Trust Growth
Plan Iseries 31. a multi-employer pension scheme. Withdrawal from the Growth Plan Scheme could iri88eT a liability of
£I,IJOO131 August 2022.. £6.LKK)l in excess of pension contributions accrued for in these account5. The District has
chosen Series 4 ofthe Growth Plan, a defined contribution scheme. as its auto*nrolment pension scheme and so
withdrawal from the Growth Plan is considered unlikety-
12 Advance fvnd
The dlstrict Advance fund receives income via annual contributions levted on ¢ir¢uit model trust fvnds and
distributions from Connexional advan￿ and property funds. The purpose of these levies and di5tribution5 IS to
release fund5 for wherè they are most required. This Is an unrestrKted fund and is used to make grants in
accordance with the Di5tTi¢t Strate8y for Resour¢in8 Mission or to support spedfic cvrrent initlatlves undertaken
by the District.
13 Other unrestrlrted fur#ls
Unrestricted funds are available for use at the diKretion of the Oisirirt Leadershtp Team In fvrtherance of the general
objective5 of the Distrirt includin8 artivitie5 mandated by the MÈihodist Connexion. such as provislon of the Chairfs
manse and supporting the regulatory functions pwformed by Various Distritt offKers.
14 Re5trlrted funds
Openlr
balante I
September
2022
Closlng
balancè 31
Au¥ust
2023
Income Expendlture Transfer5
Methodlst Women in Britain
Peak Park Rural Development Enabler
Learning Network
Mission Enabler
Persian Ministry
New Places for New People
Totsl charltable actlvltles
141
1551
1211
1411
1431
1261
11901
42
16
13
19
32
io
32
12
33
14
65
149
S2
14

NOTES TOTHE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 ALIGUST 2023
Openi
balance I
September
2021
Closlng
balantè 31
August
2022
Income Expenditure Transfers
Edgar Hodkin bequest
Methodisl Women In Britain
Who is Your NeiEhbourP
Peak Park Rural Development Enabler
Learning Network
Mission Enabler
Perslan Ministry
New Places for New People
Total charftable artlvltles
iii
iii
{1571
1531
{171
1381
1411
1201
13281
57
36
14
26
16
17
14
12
19
32
io
28
33
io
118
45
Transfers into restricte(I funds represent match fundir6 from unrestrithed District hjnds towards projects partlallv
funded by restricted grants and donatiors.
Restricted funds are to be vsed for purposes os direrted by the donors:
The EdgorHodkin bequest is to be used for"Protestant evangelical Christian woik". with the primary purpose
being'the Sunday khool worV.
The Sheffield District branch of Methodist Women in Britain connects women with an interest in creative
spirltuality and a passion for global social justi￿.
Who is your neighbour?worked to help communities live more 5uc¢essfully with difference and be more
resiliènt in dealing with divisions created by those who see difference a5 a threat. As described in note 6, this
work is now being carried out by a new Who Is Your Neighbour ao
The Peok Pork Rurol Development Enfjblerworks alongside churches acr055 the Peak Park national park as
they develop thèir mlssion and community engaKÈm￿t.
The Learnffng Network comprises income and costs relatlnB to trainin8 events or8anised by the Learnlng
Network North East regional team
The Mission Enobltrsupports churches and circuits in cNercoming barriers to risk-takin8 mi5%ion
The Persian Ministry fund supports development and growth of ministry to Iranians and others wlthln the UK
prima¥ily throv8h employment of a Persian Ministry Development Enabler
The New Plocesfor New People fund supports the establL5hment of new Chr￿tIan communities, either
irectly by the District or by PFoviding Brants to its circuits
15

NOTESTO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023
IS Analysls of net assets between lunds
Net assets at 31 August 2023 are represented by:
Other
Advance unrestrlcted RestrlctÈd
fund
funds
funds
Total
Tangible rtxed assets
Current assets
Current liabililies
Liablllties falling due outside of one year
Total net assets
212
97
212
644
11411
1361
679
495
itsoi
1351
52
52
Net assets at 31 August 2022 a￿ represented by-.
Other
pa1van￿ unrestrlrted
nd
funds
Restrfrted
funds
Total
Tangible fixed assets
Current assets
Current liabilities
Liabilities falling due outside of one year
Total net assets
215
87
215
505
11031
1311
353
1921
1291
232
121
16 Reconclllatlon of net cash flow5 from operallng actl¥ltle5
202Y
2021
Net Income for the year
93
22
Adjustments for=
Depreciation charges
Interest
Ilncreasell decrease in debtor5
Increasel Idecre35el in CTeditor5
Cash used In o
erotln
artlvitles
121)
121
161
191
43
17 Cash and cash t4￿1¥alents
2023
2022
Investments with TMCP
Central Finance Board deposits
Cash at bank and in hand
525
420
22
15
14
619
457
16

NOTES TO THE FINANCIAL STATEMEi¥fs FOR THE YEAR ENDED 31 Aufju￿ 2023
18 Operat5ng lease ¢ommltments
Total minimum comrnitrnents under non-cancelkble operatin8 leases for land and buildinBs are as follows:
202Y
2022
E'ooo
Operating leases explrlng within one year
19 Related partytransactlons
All District trustees are members of churches and orcuits Wtthin the District and may also be trustees of their church
or circuit. Related parties include the Methodist Connexion. churches and circuits within the District and other
Mèthodist entities. Other than as described in note5 2. 3. 4, 6 and 8. the onty transactior6 with related parties durin8
the year requiring disclosure are as follows:
2023
2022
Detalls
Grants recelved
Manchester & Stockport Dlstrlct Peak Park Rural Development Enabler
Nottingham & Derby Distrirt
Peak Park Rural Development Enabler
Methodi51 Connexion
Peak Park Rural Development Enabler
High Peak Partnefship
Peak Park Rural Development Enab￿r
Monyash Methodist Church
Peak Park Rural Development Enabler
Meihtsdist Connexion
Mission Development Support Worker
Methodlst Connexion
New Places for New People
Yorkshire North & East Distrlct
Persian Ministry
Princes Avenue Methodist
Persian Ministry
Church
Hull Centre & West Circuit
Doncaster Circuit
12,8CK)
6,8rK)
12.LM)O
7.020
12,6
6.600
14,000
2.340
25,758
30,(M)O
15,333
3,333
25,758
20,(#JO
15.333
3.333
Persian Ministry
Perslan Ministry
3,333
lo.0￿)
3.333
10,546
othèr recelpts
Methodist Connexion
YorkshiTe North & East District
Learnin8 Network Costs recharged
Retreat attendance fees and HR OffKer
contributions
Retreat attendance fee5 and
Contrlbutions
1,785
16.172
810
17,345
Yofk5hire West District
5.472
4,113
various Methodist districts.
circuits and churches
Retreat attendan￿ fees and
contributions
915
770
Payments
Yorkshire North & East District
variou5 Methodist circuits &
churche5
Retreat and event costs
Hire of venues for events and regular
artiVit￿e5
1611)
14,785)
11,4821
14,4401
Year end balances retelvablel Ipayablel
Yorkshire North & East District
various Methodist circuits & churches
various Methodisi circuits & chur(hes
1,757
112
17