{Ixeld Met4 Leamin9. Changin9. Joining In istriGt Sheffield Methodist District Annual report and accounts For the year ended 31 August 2025 Re8i5tered charity number 1129363
TR115TEES ANNUAL REPORT FOR THE YEAR ENDED 31 AVGiIST2025 Reference and mlnl Re8i8tered charity number: 1129363 Address.. Sheffield Methodist fmstrirt Office Room 47, virtla Ham Methodist Churth Chapel Walk Sheffield $12PD The followlng bool was the tustodlan twstee thrwhout ihe year and up to the date of thls port.. The Trustees for Methodist Church Purposes The followin8 persons were managlng trustees durin8 the year or up to the date of approval of th15 report". Rev Gill Newton (Chalrl Igned 31 August 10251 Rev Vlcky Atkkns lthalrl lappointed I September 2025) Rev Sean Adair Revjon Beiifiekl (resigned 13 September 20251 Davld Burton Rev John Henry Rev Julle Coates Glll Daly Ire5i8ned 5 April 2025) Erita Dunmow Neil Harland Rev Romeo Pedro Ire5i8ned 14 September 2024) Grace Perkins Rev aalre Ra{n$On Iresi8ned 31 August 20251 Re¥Tom Read (appointed 5 Aprm 20251 Amlee Roddam Rev John Slmms Iresr8ned 5 Aprll 2025) Deacon Annabel Terry lappolnted 23 January 2025) Dawn Webster lappuinted 5 April 20251 mance The Dlstrlcys 8overning document is the Constitutional Prartice and Dixlpline of the Methodist Church of Great Brltaln. The District Leadlng Team, who are the managin8 trustees. Indude Offi holders and other memb representin8 the dlverslty of the rflstrict. All members a appornted annually by the Representatfve Synod, with members appolnted by the Dtstricl L&idingTeam to fill c•sual vacancies between meetlrqs of Represeative Synod. Representative Synod meets twke each year. The Dlstrrct Leadhw Team and othw DistrKt meetln8s meet regularly throughout the year. Further aulhorltles io art on behallof the Dlstrkt between meet15 are delegated to the Chalr and various Dtstrlct offi1$. The object5 of the Dlstrlct are set out in the Methcdist Church Art 1976 Idause 41: advanceffllmt of rel*lon and any charitable PUrpe of the Methodist Church or thurch or8anisation. The main activities urmlwtsken fry Ihe wbli¢ benefft in relation to objects are the promotitin of Chii5tlanity through the Stan& of events, supportin8 Methodist and other charStles in Sovth Yorkshire, north Nottinghamshlre and north4ast Derbyshire. and financially. throuth KYo¥tslon of tethniral guidance and in prayw.
TRUSTEES ANNLIAL REPORT FOR YEAR ENOED 31 AUGUST 2025 The wimary focus of the Distritt Lea¢lln8 Team duriry the year has been the Knplementstir>n of our 2020-25 strat for resourcNI8 mi55ion, Forsuch A Th)yeAs This. This focusses M equipping our clrcults, churches and their members lo respond to the 805pel of God's love in Christ. which ts their calling and our callln& We also said a fond farewell to Rev Glll Newton In after elv4en years as our Chair of Dlstrirt. thrin8 which tlme the level of support we provide for orcuits and churches has significantly expanded. as they evolve to meet chan8in8 cultural contexts. Rev Vlcky Atkln5 was appointed as GHfs succes5. and stsrted In post after the year end. GROWING t4SClPLES Our OAlf Programme youth intem5hip expanded to ll¥e intems in its second year. Numbers OfyoU people from across the dlstrl¢t attending ouryouth away dty and 3Generale also continued to increase. We have contlnued to organise networks and supp(¥t for people enBa8ed in specialSst roles such as clrcult stewards, starting new Churches. children & youth 4wJrkus. chaplains and superintendents. TrAN5FORMING M1$90N We provlded 8rants to fund employment of pioneer5 to laurth chtIan cornmunlties In Dlnnlngton and Broomhlll, and supported our clrcults to expl¢xe fijrther Opptxtunits. Vlslts from the President and VI President of the Melhodist Conference wovlded opportunities to gather and celebrate valuable mNii5tries auoss our circults clM•rthe5. includin8 a lunch with chaplains, Hathersage SH¥er Eco Churth. the new core&atIOn at Hub at Hope. Urban Theology Unlon and Vlctoria Hall Church of Sanctuary. They also chose Edale thapel the Peak Wesley Way pilgrimage as the location for thelr Chrlstma5 me5sa8e. SHARING sfoRIES We have continued to roll out th8ital arKI media QrainiTha fof Maff and vohjnteers from across our ¢hUrd5. and have been encouraged by levels of engagement wlth digital ¢ornmunlcatlons ioc45. Our di8itsl communicatfions and magazine contlnue to recetve 51te feedbaci and our Foith Hope ond the Joumey podcast had a successful second seas. PROPERTIES FIT FOR MISSION We SUPPDrted several of our churthes w) attessln8 fvnthn8fow solar paneL% and other measures to Smprove their carbon footprlnt. Rn ndal revlew The flnancial Statements have be prepared In atctythno *ryih the Statement Of Recommended Practlce 'Accountirvd and Reportlng by Charitles {FRS 1021, effedi¥e l January 2019 and Financval Rep)rtin8 Standard 1021"FRS 102.1. The Dlstrict recorded a suwus of £87.LXXI12024 Surp1 of £292.CKI)l. The urKommitted baknce on our Advan Fund Increased by £129.(W durlng the year. Income was higher than antldpated. a result of levies char8ed on sales of Methodlst properties acr055 the UK and rethstributed to thstrl¢ts. The balaft carrled forward in the fund is èxpected to decrease over the next three years as we invest kn starting new thristian commvnltles, amongst other initiatives. The winclpal recufrln8 Soufces of lunds contlnue to be oblytory paym5 by Methodist drcults In the District and grants from the conne¥ional MethodSst thurch Fund arKI other Methodist bodies. We maintained an Ktive dialogue wlth our circuits durfng and since they end and remain confKlent that they wlll be able to malntsln thelr ontributions to our work. The major Items of District expendTrture Continued to be £225.C•J)12024.. £44.¥1) on grants and donations. arml £334.0th)12024: £298.(1) on staff ene in the Distrrfs dlrect mission projects or providing sUPPOrt and adv} to Methodist organisations wbthln the OistricL No investments are held outside of the Trustees for Methodlst Churdb Purp05e5.
TRusfEES ANNUAL REPORT FOR THE YEAR ENDED 31 AUGIISTX125 A(fvance fund: The reserves poli for the District Advance Fund ts that the District wlll onty award grants from the liquld funds available. after maklng allowan for grants pled8ed tt I1 yet pakl over aTrJ a reseNe of three months direcl11.e. non-grantl Advance Fund e¥penrfitvre. Grants are awarded in accordance with the Dlstrlrt strategy for resourcin8 mission and usualty for a period of not more than five years. The uncommitted DAF funds at 31 August 2025 were £735.lyJO. Other unrestricted funds: The policy ol the Dlstrict is to maintarn Ilquld fvnds li.e. net current assets) in other unrestricted fund5 equivalent to between three and six months expendilure. LSqukl fvnd5 amounted to four months of expendFture at 31 Au8USt 2025131 August X124: slx month5). Other funds are held for specifK purposes. with the pofiry of the Thstrict being to ensure that sufficient amounts a held In or available to eath fund in order to meet its luture specific commitments. Restricted fund balan$ at 31 Au8USt 2025 are.. Methodist Women In Britain Ibalance £l,(ml to eqvip women to fuly paniclpats in the Ibfe of the Chrlstlan church and In soclety Leamin8 Network (balar Enill to fvrrfl traInI or8anlsed by the Learning Network North &ist regional team Peak Park Rural Devel¢)pment Enabler {bance £8.CKKI) bel yant lundthg for this project to be ¥)ent in future periods. All exlstkn8 commitments are expected io be met from sttured fundin8 Persian Minlstry Ibalance £22.(ml beln8 8rant fundin8 for this proie¢t to be spent In future per#. All exlstlng ctyrmitments are expected to be met from secured fvnding New Pl3(es for New People (balance £29.IXJO) being grant fundin8 for thls pro8ramme to be spent in future periods. All existin8 commitmenis are expected to be met from secured fvnth. Dodaratl( The trustees dedare that they have approved the Trustees Repjrt above. Signed on behalf ofthe tharllvs truslee5'. Rev Atklns Chalr N1 Harland Treasurer 16 March 2026
INDEPEIIOENf EXAMINEWS REPORT FOR ThE YEAR ENDED 31AUGVST 2025 dent Examkn rtto I report to the tharlty trustees on my examlnatlon of the accounts of the charlty for the year erhyed 31 AuSt 202S whkh are set out on page5 5 to 17. n4blltle5 a sof As the chariVs trustees you are re5ponslble f¢Y the preparatn of the accounts In accordance with the qu5mentS of the Charitie5 Art 20111.the ACVI. I report In respect of my Èxamtnatlon ol the tharivs accwnts carried cwt under sectlon 145 of the Art and In carryln8 out my examination I have followed all the applic•bfe Directo$ gNen by the Chartty Commissron utxler section 1451Sllbl of the Act. Ind examkn5 Statem sinte the charltVs gross income exceeded £250.LKOyour eXamts musl bea nrnber of a Ixjdy Ikted In sertion 145 of theAct. I conflrm that l am qualified to undertaketheexaminatM)n because l am a member of the In5tilute of Chartered Accountants in England and Wale% whkh Is one of the listed bodie5. I have completed my examination. I confirm that no rnaterial matters have come to my attention In connectSon wlth the eKamination givlng me cause to behe¥e thal in any rnthal respert: accountSng records were not kept In respect of charlty as reqv¥ed bysection UO of theA¢t: OT the ac¢ounis do not accord wlth those records.. or the accounts do rKJt comply wlth the applKal)le re¢yJirements concthn8 the form and c¢mtert of accounts set out in the Charitles lACuntsaDd Reports) Regulations 2[Other th•n any requirement that the acnts afve a 'true and falr vlew which is nol a matter consldered as part of an ependent examlnation I have no corKerns and have come across no other matters in ¢onrrtion with the examlnatlon to which attentic should be drawn in this report In order to enable a proper vlerStandIng of the accounts io be reached. Simon Bladen KA Hawsons MIted Chartered Accountants Pea8a5us House 436a Glossop Road Sheffield SIO 2QO Date:
STATEMEiif OF FIMANaALAcrivmES FOR THE YEAR ENOED 31 AUGUST 2025 thTan¢e wwe*rkted Re5trlrted fijnd funds lunds 2025 Total Total 2025 2024 £Tho £ThK) Incomtfrom." Donatlons Contrlbutions from cxcull model tTUSt lun(ts DSstribution from Cormxlonal advan aThJ property funds Assessment on clrcults Grants re(Ved Other charitable Income Total durftabie a¢tlvhles 137 137 133 252 128 128 118 93 34 76 431 127 715 673 Other tr4dlryaLthth li li Total Income 172 ni 738 Expenditure on.. Grants and donatnS Salaries stipends Admlnistration and office Property and insuran Tra¥el Venue hlre and ent caterln Other charitable costs Total Charltsble actlvl 1192) {120) iii 11191 1151 1191 1191 (9) (321 (951 1225) 13341 1441 12981 1181 1161 1351 1301 1291 {18 169¥ 1191 2) 1241 q324 14411 Other trlolng acil¥llles p) Totsl 198) N•1 Incomel lexpendllur•) Transfers between funds Nel movement In funds 1241 27 292 en funds Closlnzfvnds 292 73 971 679 971 755 There were no reco8nlsed galns and l¢Jsses In the year other than those pyesented above. All artlvltles are da5sed as contlnuin8 Opttalions.
BALANCE SHEEfAS AT31AUGusf 2025 2024 Tarylble flxed assets Current assets Debtors Inve5tment5 With TMCP Central Finance Board deposits Cash at bank and in hand Totsl current assets 72 83 646 &108 Credltor&" anwntsfalllrydu• Tlh one IN5) (81) 782 Totsl ets less cuffrnnt labllltles rJ¢th0. fallkn¢ due aftff rnOreth one io 1191 Nel a55els 971 Funds of the 01strkt: Advante fund other unrestrirted fvnds Restricted funds T•) funds 12 735 263 292 14 971 The financial statementswere approved and authori5ed for iswe tythe DIS¢1 Le&Jershlp Team on 16 March 2026. dW/L6J Rev VKky Atkln5 Chair Neil Harland Treasurer Reglstered charity number 1129363
CASH FLOW STATEMENT FOR THE YEAR ENOED 31 AUGusf2025 2024 Net cash yn•rated by opwalln8 4Cthltles 16 Cash flows from In¥eslkn8 actr41tles Disposal of tan8lble fixed assets Interest Net cash pro¥lded by Inve5tlTra a¢tl¥ltles Increase In cash and cath equlvalents 161 nln Uosl cash and cash ulv*nts ¢ash and eylvalents 619 17
PRINCIPALACCOUIITING POLICIES FOR THE YEAR ENDED31 AUGIJST 2025 (Iwrfty Informatlon Sheffield Methodist District Is a tharity registered In £nand and Wale5 (number 11293631. Its registered addres51s Room 47, VSctorla Hall metIdISt Church. Norfolk Street. Sheffield. Sl 218. Basls of prep•rntlon The Charity is a publSc benefft entity. These financkl stalements have been prepared In accordance ryth the Statement of Re¢ommen4Jed Practlce 'Accountln8 and Reporti by tharlties {FRS 102r effective l January 2019 and Financial Reportin8 Standard 1021'FRS 102.1. Thty have been prepared under the hi5torlcal cost convenOon. These financial statements are weted in Pounds stethn8 £'Cth. The prinupal accountlng policie5 of the District are set out belty¥. Consolldatlon The Distrlct oversees the work of Methodist Crch@S and dicuits within south yo$hIre. north Nottinghafnshlre and north•si Derbyshire but d¢)e5 not seek to Control arcuits or churches or their ministers or lay workers except bn extreme cKcurnstances. For thls reason the finandal results of these thurthes are not consolldated Into these financial 5tstements. Golng concern The Trustees have pryed these finandal ststements ¢)n thegokng con¢em ba515. The Trustee5 have revlewed forecasts to 31 March 2025 and on the basis of those forecasts belleve that the District will be able to meet its Ilabilltie5 a5 they fall due. These forecasts have been prepared ¢orbservatively. indudlng rlsks ard sensitivities to anticipated finanoal performance. including a revlu¥ of actual perforrnance compared to previous forecasts. Whllst the cost of living crisis is likely to Impact or8aftisations acTOSS Methodlsm. the Trustees do not antldpate that suffldent income to 5UStain core dlstrict artivities cease to 3¥adable. Based on the infornwtlon currently available in respe¢t of the future. the Trustees consider that the District has the plans and resour to manage Its rfsks succe55fulfy and that there a no material uncertalntles al)out the Dlstrltt's ability contlnue as a concern. Inffle Income is not recognlsed until re¢eipt Is wobaL4e and the anount can be reliat4y measured. Contrlbutions from Circuit model trust funds are on I September each year. calculated accordln8 to the balances Included In these funds at this date. thith ale tyJtsNJe of the control of the Dlstrict. Tly are recognised as income when levied. Dlstrlbutlons frorn Connexlonal advance and proFerty fund5 are recew based on the balances and transattions within those funds, whl¢h are outside of the control of the Distrbct. Is reco1$ed when distributions are fomally nflrMed byconnexional officers. Assessments fy) Circuits arechawged based on based on amounts agreed In advancewith circults as a ntrIbutI towards the Tunning costs of the Dlstrkt Assessments are reco8nised a5 iwKome in the pernd to whlch the fundlng relates. The District also acts as an a8ent in respett of Connexlonal assessments collected from drcults and remitted to the national Methodst Churth Fund. These Connexlonal assessments are not recoBnlsed •$ or expenditure In the statwneni of financial attivity. because there is obli8ation on the Dtstrlct to make up arry 5k•rtfall in Connexional assessments from drcults. Whllsl tlme Vefi to the Dlstrlrt by manyvolunleers 15 essential to Its this donation of tlme b not reco8n15ed in these finala1 statements slTh Its value cannot be measured reliabty for accountln8 purposes. Exp•ndlture Resources expended are included in statement of finanaal actl¥lts on an •cuuals basls, indusive of VAT.
PRINapAL ACCOUNTING PCWES FOR TrE YEAR ENDED YI AUGUST 2025 Grants pled8ed Grants pledged by the Crfstrict are reco8nlsed In full when the Dlstrtct Is under a le8al or constructwe obllgatlon to make the paymenL usually On the grant has been appro¥ed by the SIr1¢1 Leadership Team and the pledge Communlcated to the appllcant. Indlvldual fixed assets costing El.(KKI or moreaiecawalised at at. Tan8lble fixed assets are ststed at wst. r of deweoation. Existing hlslork costs have been retained on adopllon of the SORP for all fNed assets. Oepreuation 15 calculated to write dtrn the c05t or valuatron less estimèted realisable value, of all tan8ible fixed assets over their expe¢ted usefvl fwe& Depredalion ts recoenlsed on a stralght line basls over the followKvd perio(ts: Freehold buildi. 50 years Freehold land is rlot depredated IT equipment.. 5 years Where the Distrlct leases properties temporari surplus to its needs to indmduèls or other organlsations these assets are dassed as tangible fixed assets. slnce thelrfairvalue cannot be measured rellably wlthout undue ¢0St or effort. At eh reportln8 date fixed assets are reylewed to deterniine71th there is ary indicatKJn that those assets have suffered an lrnpalrnient loss. Retlremont beneflts Certaln of the Distrirfs fomier lay employees are members of The Pensions Trust Growth Plan (Series 31, a multl- employer deftned benefft pension xheme. Provisi¢)n has been nmde in these finandal statements for deficit plan payments agreed with the scheme's trustees. Ordained mlnlster5 Statfjoned within the District are entitled to bectyne or remain members of the Method15t Ministers Penslon Scheme. This is a defined benefit pensiw stheme. Monthly employer pension Contribut5 are accounted for as expen¢ture in the statement of financial acbviknes as they fall due. Payffnts to settle the defidt on this Scheme are Ixime by the Methodist Connexion. Renta15 paSd underoperatlng leases are (harged to the statemeni of finanaal actmty on a str*ht Ilne basls over the temi of the lease. Fknandal Instruments The Group holds onty mple financial Instruments. beln8 debtors. creditors, cash and leases. lthlch are reco8nised at cosi less wo¥islon for estimated kreco¥erable assets. Current asset deposSts In monetary assets held ty iheTrvstees for Methodlsi Churth Purpose5 (TMCPI as ¢usttrJlan trustees are categorised as cash equlvalents sinte they are capable ¢>f beln8 ¢onverted to cash wlth Immedate effert on instrucllon by the Distrirt. Central Finance Board deposits are also capable of iMme(rte liqul(latknn and so are dassIfd as cash equlvalents. Restrlcted lunds Restrirted funds are to be used for speclftc purposes as laid d(vwn by the doIr. Expendlture whlch meets these criteria 15 allocated to the fund. Unrestrlcted funds Unrestrrcted fund5 are Incomln8 restwrces recelved or generated for dwritable purposesand are available for use at the dlscretion of the District Leadership Team In furtherance of the general oblertoves of the District.
NOTES TO THE HNANCIAL STATEMEPIT5 FOR THE YEAR EIIDED 31 AUGitsT 2025 I Prlorye¥sttemert offlnandal athllles Financbal artfvltles for the prfor year comprtse the following restricted and unrestricted income and expendlture: fvnd 2024 fvnds 2024 funds 2024 Total 2024 Incomefrom.. l>onatlons Contribution5 from clrcuit model trusi fvnds DistriLwtion from COnnOnal advarKe and PToperty funds Assessment on circuits Grants reoived other charitable incorne Totsl tharftable a¢llvltles 133 133 252 252 118 29 27 76 147 121 Other tr•dlN 4¢tl¥lll•s li li 41 Total Income 163 Expenditure on.. Grants and donation5 Salaries and stipends Administration and office Property and insurance Travel Venue hire and e4ent caterl other tharitable costs T¢)tsl dwrltsble actfvltles 1371 11041 131 171 {851 1441 12981 1181 1291 1181 1241 iioi 1441) 1109 113 1161 151 (41 191 191 181 {1481 1132) Other tradlni ¢iMtle5 Totsl endlture 11481 Net kn¢ome/ lexpendlture) Transfers betsveen funds Net movement Ih funds 192 {221 276 12 24 292 Openi fvnds Closlng funds 330 297 52 679 971 73 io
NOTESTO FINANCIAL STATEMEfiTS FOR ThE YEAR EIIDU) JI AiKusf 2025 2 Salarles and stlpends Salarles and St1pdS Employer's natIOn insuran contributions Defined contrlbution penslon costs Defined benefit ens1( costs IMMPSI 253 24 13 15 The average number of lay employees durin8the yearvAs thirteen12024: ten). The District also bears the St1per tost of the Peak Park Rural Development Enabfer. No employees recelve benefft5 greater than £60.IXK) per annum. The senlor management personnel of the District is consldered to be the Chairof Dlstrlrt. The total cost to the Distrlrt of providing taxablè beneflts in krnd and the Cha$ manse lin which the Chalr Is requlred to Irve in order to fulfil her duties) amounted to £IO,WJ12024.' £12.0001. The stlpen(J. emplvrfs national insurawKe and employers penslon contrlbutlon In respect ofthe Chalr are btyne by the meth Connexion.
Paymentstolrnstees One trustee12024: one) received remuneratl¢)n the District for work undertakts) on its behalf. No trustees recefved remuneration for servlces provlded as a tfustee. 2024 Salary 35 The number of trustees who reIved reimbursed expenses on wlw behalf tr•vel costs were paid by the tmstrlrt was sSx12024: five). 2024 Travel costs 1MbUrSe 4 Amounts rec•l¥•d *)n behlfof hnIsatIOnS The Dlstrlct recdved £505.CQ)12024.' £475.(Kill from Trts drcults for the Method15t Churth Fund In the fomi of the Connexional element of circuit assessments. These amounts are not included In the statefflent of finan¢Sal perforrnance because the fhstrfrt acted soletyas a colbeckn a8entfor these funds. li
NOTES TOThE FINANCIALsfATEMEMTS FOR THE IEAR EIIDED JIALusT 2025 5 Independent •xwnlner The independent examiners. fee for report•ng on these accounts amou1 to £3.03012024: £19401. No other services were pmwded to the Dlstrfrt in either year by the irKlependent exam1r. 6 Grants awarded The District awarded the followlr*Brants duriwd the year: 2025 20 Advance Fund- woperty projects Advance Fund - rninlstry proiects Advance Fund- 5maH grants Restrfcted funds- minlstry projects Restrlded funds- other Grants to IntIOnS 35 167 57 General Fund- benevolent s fjrants to Indl¥lduals Less Advance Fund 8rants lapsed 114) 1131 T¢)tal awarded Grants from the Advance Fund are made in accorda with ourstrategy fN reS(Njrci mlsslon. Detalls ofour mtsslon grant poll¢y and grants awarded are a¥ailaL4e atwwnv.sheffieldmethodlst.o Restricted funds mini5tryBrants comwse 5UPPOrt lor cwr New Pkices New People Plot hosted by Derbyshire North East Clrojit. Other restrlcted grants comprise larth projects supported ty Methodist Women in Britain. Flxed xsets IwlbdlnK5 ITequlpiienl Total Closl Depreclalk Openlng Charge for the ear 61 Nei bookvalue Openl 0051 115 93 115 12
NOTESTO THE ANANCIAL STATEMEMTS FOR THE YEAR EIIC>ED31 AiIGUST 2025 8 Debtors Trade debtors Loans to churthes and circuits Pr ayments 77 Loans to thurches arcuits comprise". Enable Soclal Enterprise Ltd £7.7(KI12024: £10.1) fundlwtowards provision of socrdl housln& The loan Is unsecured, bears Interest at 5% and is repaYae In Instalments Iw 2029 Freedom Communlty Propd £30.(Ki)12024: £36.5(KJl worktsw c4ts1 funthwto gjpport the smooth operatlons of thi5 charlty wlth dosely aligned purposes. The loan b unsecured. not interest bearlng and Is repayable by 202& Edale Methodist Church £30.(ts)12024: £30.1XK)I funding towards a propth redevelopment scheme. The loan Is unsecured. not Interest bearing and 15 repayable by 2027. 9 Credlt¢rs-moubts fallde Tth 2024 Trade creditors Grants payable Defined benefft penslon plan Accruals and deferred income 73 10 Credltors- afflots falllrydue outslde of Grants payable Defined benefit pension pla 19 11 CoblnVnt labllltles The District has made defined benefit penyon commitments to certaln employees thrwgh The Pensions Trust Growth Plan (Series 31. a MleMploYer pension stheme. Withdrawal from the Gr0h Plan scheme could tri88er a liablllty of EI.W)131 Au8USt 2024: £nill in excess of pen51on Contr1ttionS accrued for in these attounts. The District has chosen Serles 4 of the Growth Plan. a defird contributmin Sd. as Its auto*nrolmenl pension stheme and so withdrawal from the Growth Plan Is considered unlikelv.
NOTESTO THE FINANCIALsfATEMENTS FOR THEYEAR EMDW 31 AUW 2025 12 AdvaTr fund The district Advance fund reCepS income via annual contritMJtron5 leMI on drcult model trustfund5 and dlstributions from cneX10nal advance and property funds. The purpose of these leS ènd distrlbutkns Is to release lunds for where they a most required. Thi5 is an unre5tr1cted fund and is used to make grants In accordance with the Dlstrlrt stfaie8y for Resourcing MtsSk or to support spedfic current Inrtlatives undertaken by the Dlstrl¢t. 13 Other unre5trlLt•d fvnds Unrestricted fund5 are available for use al the disuetion of the District Leadership Team in furtherance of the general objectives of the Cstrict indud1 adivilie5 rnarated by the Methodlst Connexb)n. such as provision of the Chalrfs manse and supportln8 the regulatory funct•on5 pwfrymed ty v•rlcws Dlstritt officers. 14 Restrlrted fvnds opp1 bal•nce I September 1024 Incom• ENdItUre Tran51ers balance 31 Augilsl 2025 Methodl$t Women in Britain Peak Park Rural Development Enabler Le3rnlng Network Persian Ministry New Place5 for New P Totsl tharftable •dhTttles 14 42 19 1601 1221 1491 351 17¥ 12 33 24 26 12 22 132 27 aosl balan 31 baante I Septemb 2024 Methodlst Women In ltsIn Peak Park Rural Development Enabler Learnln8 Network Mlsslon Enabler Persian Ministry New maces for New Peo Totsl tharllable acdvlths 18) 158) {18) 13) (451 62 16 io 14 33 14 33 io 12 33 24 73 52 Transfers Into restrirted funds repyesent malth fvnding from unrestrthd District funds toardS projects partlally funded by restricted grants and donatlons. Restricted fvnds are to be used for pury>oses as directed bythe doTh)rs: The Sheffield Dlstitt branth of Methodist Women In Britoin connects women with an Interest In creatlve 5pirituallty and a passion for global soaal justKe. 14
NOTES TO Thf FINANCIALSTATEMENIS FOR YEAR EMDEO 31AUGU5T X•25 The Peak Port Rurol Development EAoblerwtMks alon8s*Je churthes auoss the Peak Park national park as they develop theli mlsslon and community engagemenl. The Leamlng Aletwork comprise5 income and costs relatlnR to trainin8 events organlsed by the Leamln8 NeNvork North East regional team The Mission Enubler5UPPOrts churches and cirtults in cvercoming barrfeTS to rlsk4akin8 mission The Per5ion Ministry fund supports development and 8rowth of mlnistry to Iraniark5 and other5 Within the UK. primarily through employmwt of a Persian Ministry Dvlelopment Enabler The New Plocesforl4ewPeople fund supports the estab115hment of new Christian communities. elther dItlY by the Llstrict or by providi grants to its clrcuits 15 Analy51s of net as%•ts between lunds Net assets at 31 AuBust 2025 are represented by. Athtante wrestrlrted Re5trlctsd fund5 funds Total Talble fixed assets Current assets Current liabllltles Liablllties fallin8 due OUte of one year Totsl net xsets 205 205 1,108 11451 Iiioi 1221 Iiioi Net assets at 31 Au8USt 2024 are represented bv: Othff funds nds Totsl Tan8ible fixed a55ets Current assets Current liabilities Liabllities fallin8 due OUL4lde of ¢ne year Total nel assets 697 1731 863 1811 1191 971 iii 292 15
14OTESTOTHE ANAN(ULSTATEMEPIT5 FOR THE YEAR ENDE031 ALIGUST 2025 16 Reconcillatlon of Mt c•sh flm from opwatlry 2024 Net Income for the year 87 292 Adjustments for: Depreciation tharges Interest Ilncreasell decrease in debtry5 Increase de¢reasel in (lI01S C•sh used In Iso) li 155 146) 158) 77 17 Cash and cash eqwlvalents 2024 Irwestments with TMCP Central FInae Board deposits Cash at bank and in hand 35 18 Opw•tln¥ lease commltments Total miNmum commitments under nOTrncelIae0pw3IIng leases for land and lIdIng5 are as follows: 20Z4 rati lease5 expiri within one ear 16
NOTESTOTHE HNANCIALSTATEMEiifs FOR ThE YEAR ENOED31 AiIGUSW 2025 19 Related partytrrfjacthbns All Dlstrirt trustee5 are Members of churches and cirojits withirt the thstrlrt and may also be trustees of theSr church or drcult. Related partres indvde the Methodlst Connexion. ChUrd and or¢uits within the District and other Methodist entitle5. Other than a5 described in notes 2, 3. 4. 6 and 8, the only transactions with related parties durkng the year requirln8 dlsclosure are as Idl0. 2024 Party Grants re¢ehl North West l)istrict Nottin8ham & Derby Dostrict TMCP Peak Qrcuit Hlgh Peak Partnershlp Methodist Connexion Yorkshire North & East txstrkt Princes Avenue Methtst Church Hull Centre & West Orcult Peak Park Rural Development Enabler Peak Park Rural Development Enabler Peak Park Rural DeprneTrt Enabler Peak Park Rural Delopment Enabler Peak Park Rural Devdopment Enabl New Pla$ for 14ew Peopte Persian Mlnistry Perslan Mlnistry Perslw PAlni5try I9,$) 11,538 19,9(KJ 11,538 19,200 6,600 6.6tYJ i0.¢ 15.334 3.333 3.334 3.333 3.333 Darlington Dlstrlrt Retreat attelan fees and HR OFr Contritrtl0ns Leamlre Network costs rechar8ed Retreat attendance fees and HR Officer contributlons Retreat attendan fees aTr contribution5 10,3C 7.(M)7 Methodlst Connèxlon Vork5hire North & East tJistrKt 1,154 720 16.407 Yorkshire West ttrlrt 3.520 2.873 varlous Methodlst d15tr1cts. cwcults and churdles Retreat attendance fees and contributn$ L275 2.176 Payments Yorkshlre North & East Distrlcl varlous Methodist C(ults & Churches Relreat and Costs Hlre of venues lor ents MI re8ulai 11,401 14,7561 17201 14,7101 Year end balae5 r•c•l¥aW {pay¥ble) vadou5 Methcrfllst drojlts & churthes 3567 17