Trustees’ Annual Report for the period
From 1 September 2023 Period start date To 31 August 2024 Period end date
Charity name: Tynedale Methodist Circuit
Charity registration number: 1129509
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The advancement of the Christian faith in accordance with the doctrinal standards and discipline of the Methodist Church |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Undertaking of mission activities in pursuance of the objects of the charity (see above). Provision of pastoral care to members and non- members. Conducting public services of marriage and baptism as well as funerals etc. Preparation of quarterly preaching plans for all Methodist churches in the Circuit (services are open to the public without charge). |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | We confirm that the Trustees have had regard to the Charity Commission’s guidance on public benefit. |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | |
| Policy on social investment including program related investment |
Para 1.38 | |
| Contribution made by volunteers |
Para 1.38 | |
| Other |
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | The Methodist Church in Tynedale continues to seek to proclaim the Christian gospel, of the good news of God’s love in the message of Jesus Christ in the enabling power of the Holy Spirit, God’s presence with us today. It is our understanding that this message is for all people to be transformative and enabling for individuals and communities through the positive affirmation of life, which is the gift of God, to all people. In response to this belief we seek to care for the communities in which our individual churches exist, and beyond, offering the pastoral services of the church through its members and ministers. As each individual congregation are able this may include the offer of opportunities for worship, connecting with the needs of the community in providing space to meet and addressing social needs from toddler groups to dementia cafes, supporting local food banks and other charities which meet with our Methodist Christian commitment to social justice and care for the wider world. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | To build up and maintain reserves equivalent to at least six months’ expenditure by the Circuit (excluding payments made to the Newcastle upon Tyne Methodist District). |
| Amount of reserves held | Para 1.22 | £2,750,752 |
| Reasons for holding zero reserves |
Para 1.22 | N/A |
| Details of fund materially in deficit |
Para 1.24 | None |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 |
Additional information (optional)
You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Deed of Union |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Action of Parliament |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Appointed by local churches and the circuit meeting (which is the Board of Managing Trustees) |
Additional information (optional)
You may choose to include further statements where relevant about:
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | |
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | Tynedale Methodist Circuit |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1129509 |
| Charity’s principal address | Circuit Office c/o Hexham Trinity Methodist Church Beaumont Street Hexham NE46 3LS |
Names of the charity trustees who manage the charity
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Name of person (or
Dates acted if not for whole body) entitled to
Trustee name Office (if any)
year appoint trustee (if
any)
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2 The Circuit Meeting acts as the Board of Managing
3 Trustees. Please see list of trustees on Charity
4 Commission portal.
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– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for **whole year ** |
|
|---|---|---|
| Trustees for Methodist Church Purposes | ||
Funds held as custodian trustees on behalf of others
| Description of the assets held in this capacity |
N/A |
|---|---|
| Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects |
N/A |
| Details of arrangements for safe custody and segregation of such assets from the charity’s own assets |
N/A |
Additional information (optional)
Names and addresses of advisers (Optional information)
| Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) |
|---|---|---|
| Type of adviser Name Address |
||
| Name of chief executive or names of senior staff members (Optional information) | ||
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s) Rev Marie Louise Beard Position (eg Secretary, Chair, etc)[Superintendent Minister & Chair of Circuit Meeting ] Date 12 June 2025
Circuit Accruals Accounts 2023-2024 THE METHODIST CHURCH FINANCIAL STATEMENTS (FRSSE) for the year ended 31 August 2024 Tynedale Circuit Regisi•r•d Charlty- Registration number 1129509 NEWCASTLE upon TYNE District No I Circuit No 20108 Minlsters Rev Marie Beard Rev Michael Holland Rev Garelh Sherwood Rev Rtsberta Rilson Circult Stewards mill Robinson Jacqui Cameron Martyn._!Dhn50n Ruth Johnson Jackie Oavison Circuit Treasurer David Kilner 10111
Name Df Circuit Tynedale Circuit Number 2010 Statement of Financial Adivitie51SOFAI for the year ended 31 August 2023 Unrestricted Funds Total 2023- 24 Total 2022- 23 Income and Endowrnent5 from.. Capital receipts 274,477 274,477 2a Contribution5 194,684 853 194,6B4 9,493 9,625 197,286 6.148 Investments 8,640 9,625 8,411 Grant Donation and'..e83CY Total 205.162 283,117 488.279 211,845 Expenditure on.. stipends, Salaries, NIC & Pension I05ts D15trict Assessment 187,960 82.134 14,518 17.984 5.633 5,689 3,350 L87,960 82,134 14,518 L7,984 5,633 5.689 3,350 208,610 72.6S6 11,910 21,959 io Telephone & travel 12 13 L4 Maintenance on rnansÈs Expenditure Dn pther Circuit property OffitÈ Expenses Office Equipment Other Expenditure Grants and Oonaiions Contributions to District Advance Fund 3,541 29,243 L5 16 14.228 211 14,439 15,922 20,705 23.953 17 L8 1,727 1,727 19 Yotal 331A96 1.938 333,434 4Z7,878 20 Net incomellexpenditurel 1126.3341 281.179 154,845 1216,0131 Transfers betsveen funds 210,000 1210,0001 83,666 11,119 154,845 1216,0331 Oiher recogni5ed Bain5 111055esl'. Gain511Lo55esl on revaluation of fixed èssÈts 22 23 GainsllLossÈsI on Investment asseis 4,294 4,294 12,6491 25 Net rnovernent in funds 83,666 75,473 159,139 1218,6821 Reconciliation of funds.. 26 Total fund5 brought fDrward 2,524,068 67,545 2,591,612 2,810,294 27 Total funds tarried lorward 2.607.734 143.018 2.750.751 2,591,612 1 ofg
Tynedale Circuit Balance Sheet as at 31 August 2024 Unrestricted Funds Total 2023-24 Total 2022-23 TangSble Fixed Assets. Notès Land & Buildings Equipment Investment properties Investments io 2,391,414 53.854 118,800 2.391,414 53,854 118,800 61,188 2,625,256 2,391,414 53,854 118,800 56,894 2,620,962 io io li 61,188 61,188 Totulfixed o55ets Current Assets 2,564,068 Debtors and Prepayrllents Cash at Bank and in hand Trustees for Methodist Church Purposes deposits Central Finance Board Deposits arclays Bank Tott71 current assets 12 37,544 37,544 37,544 88,605 88,605 36,252 13,673 176,074 17,426 36,252 13,673 104,895 36,252 13,673 87,469 88,605 re ors an ccrua uein under l yrl 15 43,803 6.775 50,578 148,486 Net current assets Iliabilitiesl Totol assets less current liobilities 43,666 81,830 125,496 143,591 2,607,734 143,018 2,750,752 2,577,371 Loans and creditors due after I year Provisions for liabilities and charges Net ossets 2,607,734 143,018 2,750,752 2,577,371 Funds ol the Circuit Unrestricted funds Circuit Model Trust Fund Iunreslrictedl Manse Funds Designated rotul Funds 2,607,734 2,607,734 2,524,067 143,018 143,018 67,545 16 2,607.734 143,018 2,750,752 2,591,612 2of9
Tynpdale Noles to the Accounts l Basis of aciouniing 2 Funds or EndDwfflentFund5 DEtai15 tsf èach material fund are dcloSd irt the final oote to Ihe5e aC¢Oynts Anv fvnds may be rppre5etsted by more th?n Just cash 3 Public benefit entity TheTruSt8e& of TynedalE Circuit CDnfirm thatthev have re8ard tothÈ Ihaity CDmmi5510Th'S guidanceofi public benefit. 4 ActouniinE policie5 Income Recognition IOrne is Included in Ihp stsiement ol Finanaal Actsvibes ISOFAI wnen Ciicyit becomes enliled lo the resources. 8nrJ the. are rea$on8bly Certain Ihey wll rel¥e the resources." 3Dd the monetsry Value can b2 rneaswed wlh 5ufficieTrt reliability Individual amotsnls caonSed 35 Other Income In SOFA Will be shown separately If tney are ¢onsidèiÈd msterial. Noattempt Is made lo rnea5ure the valve of servi5 donated by voluntÈe(s Re5Durces Expended This Is recogni58d when ¥ liability is incuwred. ar a constlUChYe obligatson ar15es. t1 resu115 In the p3yrneDI being unawcAdable Liabilities are retttynis as soon as an outhow ol econotTMC LEnefil Is ¢onsidwed Ynore likely than nDi under the legal orconsNu¢iive¢tligation ojmrnitting the CirGuil lo pay out resources Grants Granls made by the Circuit trom 115 own funds are recognised ID full 81 the time of 3oreement or when the Circuit accepts that there is a gaI or operational ob419alion to make tbe p3ymenl Vwen the grant Is re¢urrenr over rMie than one yeai Ine biantE p8y8e in future Ye8 Is treated s a WOYlSion forfijlure commitments In the Ba an Sheel against the appropnate fund. the provision being reaSed In tuiurE year$ 8$ InÉialmenis are paid In accordan with the onginally ¥greÈd lems VAT Since the Circuit Is not VAT rp.gisiered. all inpdl VAT is that&Ed wth the expenses lo which it refers TanÈible fixed assets for tsse by the Circuit These are capilalised Il they can be used for tnore ihan one year. and Individually cost al leasi £1,000 The treehold prDpBrty Is shtyNn In the accouDIs at 2015 deèmed values Induding land No deprEalln is pfDvided on the building b2tsuse the Irusiees consider the current residual fair value of the m8ll5e buildings lon the assumpliun that Il had 2ced the end Df useful econorThc life by year-endl to be nDt les8 than its cutrenl value Any dèPTtsciaiion 1 not be matena The property h8s been reviewed tor irnpairrneni Investmènt Properties Investsnent properties are propwlie$ Iusually closed chaEElsl ljeemed to not be held for the lono-lerrn purposes Df th8 cbanty This has been on a case ty case S5WL the Distrct Pdiw Committee snd te value 1s shown rEI of ali related selliw lee5 and corNnissions IncluiJin9 the COnnebal levy calculated on a sliding Sle based on gross sale pri¢8. Investments The Cifculys Inve$imeni$ are held by Trustees for methist Church Purposes Ss Custodian Trtsstee Investments are valued in the balan Sheet al mad(el value al the yea end Invesltnert Inwme Is Induded In the 8¢counts dhell reIVatIand any gains orlosses on revaiuion at the year end are shown In Ihe SOFA DEblors and PrepaymeTrt5 Debtols late lo the payment of the Sepiembèf Stipend In AugusI1£13,7111, znd a prepayment of Grani from ihe rnodel Ilust fund 1£4,8501, and P8yrnentsol £18.983 rec¥)verabie In the followirvj year Creditor5 Creliiors Indude sundry expensp& grts payalle In the comirvJ ye8r8nd sperAfically the 1st quartw assessment reiVed In August Impact of Accounting chan8ES Tere has not tyeen any resialement required to previou$ reported Informabon berausÈ of the SORP. Going concern Based on Ine monetsry as5els and resouitss 8v8il8ble at 31 Au9USt2D24. the tsuslees tdieve that Circuit Is a QDing contem Consolidation The Circuit oversees the work of mini$ier$ and ethrches wlhin the Circuit Out Lb)e8 noi hawe conirol oyei those Churches, nM(H5tsr5. lay workers except In extrne urcutnstances. ne ol whith weTF appli¢le For this reason. the finan(ya 5taieTnts of Chuir**s within the CifcuitAre not consolidatsd into these finanttal slalemenLS 3of9
Tynedale Circuit Notes to the Accounts 5 C05t of superintendent. mini5ter5. and trustee5 Net Proceed5 of sale of Property Bell ingham Manse 274.477 6 C05t of superintendent. ministers. and trustees The superintendent of the Circuit, the other ministers and the remaining mèmbers DI the Circuit Leadership Team are considered to be key rnanagement peonnel The supennlendent chairs rneetings ol the CLT and Circuit Meetings. The mernbe15 91 the Circuit Meeting are the trustees of the Circuit The 51ipends. employer's NIC, and employer's pension contnbulions 8nd othèr èxpenses of the min15ters of the Circuit are paid by the Circtjil 202>24 Stipends of Ministers includin No. of full time ministers No. of parttime minister5 Ap renticeship levy Administrator Total Em lo ers Nl & Pension 163084 207751 722 24,154 187,960 859 25,826 234,436 Payments to Trustees It is gefier311y not Circuit policy to reirnburse non-minisleri81 members of the CLT. Circuit Meeting and others inVoed In the sdminislralitsn of Ci".¢uil affairs for expenditure properly incurred in carrying out their duties. Apart from the 5 ministers, the Circuit Administrator no member of the Circuit Mèeting or CLT was in receipt of any payment for work undertaken on behalf of the Circuit. 35llDugh certain travelling and adtninistra110n costs wete reimbursed in relation to specific projects. The Circuit Administrator is a trustees and received payments lotalling £24.154 in respect ol work undertaken. 7 Manse and other property costs The Circuit 15 required to provide and maintain accornmodation for each Minister and herlher family. This is a benefit to the Cir¢uit Minisièis are gèner811y expected to occupy their Manses. The Circuit bears the cost of repairs. maintènancè, building insur8nc8, Council Tax and water charges. FrDtn time to tttrie the Circuit tnay hold iesidenthal property Iiormerly M3n5esl which Is Surplus lo its normal staffing requirements. Where this Is ihe case and it Is anbopated that the property Is unlikely to be used ss a mansÈ within a period of Iwo years. pmperty is classified as investment property (whether let out 01 nDtI and any lets are at market rates unless there is a compelling reason not to do so in lurthErance ol the Circuit's chaiitable objectives. At 31 August 2024, the Circuit held one residential investrvent property (Wylaml. Further thè Circuit may from tirne to time hold further Investment properties being churches where worship no longer lakes place With the consent of the tiustee5 and the District, the Circuit is responsible for preparing the property IDr sale most often as 3 ¢ommer¢ial Ipnsa¢tion The trusteeg will re¢eive the proTreds of the sale once concluded and after the applicaDon of the Connexional Property Levy At 31 August 2024. the Circuit held three Investment properties In West Wylam Barrasford and Corbiidge 12024. 31 4of9
Tynedale Circuit Notes to thÈ Accounts 7 Manse and other property costs Icontl 2023-24 2022-23 Manse running costs Util ity £05t5 Insurance5 13,103 4,881 16,807 5,152 17,984 5,633 21,959 19.379 Repair5 and Mainte nance 8 Expenditure on other Circuit Property 202>24 2022-2023 Investment pro Cost of disposal Maintenance Insurances erties 1,361 4,328 360 3,181 Legal 5,689 3,541 9 Other Outgoin8S 2023-24 2022-23 Office Ex enses Rent Incidentals Total Otherou oinES TMCP admi n charges Conference minutes & rayer manuals Bank and accountan charges 3,250 i(MJ 2,750 667 3,350 3,417 211 401 1258 623 1,293 1,314 rr 5of9
Tynedale Clrcult Notes to the Accounts 10 Manse and other property The freehold residential prDperty Imansesl Is shown in the accounts at deemed historical CDSt repre5Pnting each property's gross carrying value a$ at I September 2015, being that property's Insurance reinstatement value re5ulling from a professional v8luation undertaken in 2011-12 8nd subsequently adjustpd up to and including 31 August 2014 Ntr depreciation is provided bècause Ihe trustees consider the cutrenl re51dual value of the property In Ils present condition to b8 not l&ss than its historical cost aiid, In the absence of any eviden¢e of Impairmeni. any depreCiatn provis for the property would be Immaterial Frorn lime to time the Circuit is required to assurne re5ponsibilily for Chuich premises following dosuie and cessation ol Wofship This results ill the Circuit becofning Managing Truste85 fof the property. At thai lime thé property ts recognised as an asset al ils 8ntiCipaled nel sale priTr 35 delermin8d by a professional valuation and aftprtaking Into consideratson the levy lo be charged by the Connexion. Any expenditure on such assets Is capitalised Trustees have not made any separate valuation of Ihe land associated with its property. The Circurt ha$ made use of the deemed Cost option on transitioning to FRS 102 SORP 2015 a5 outlined abov¢ nvestment Properties Fixtures Manses Total and f ittings Cost or valuation Balance brou ht forward at I Seprember 2023 Additions in the year Rèvaluations i n the year Less.. Dis osals in the year Transfers betwee n cate ories Balance carried forward at 31 August 2024 2,174,874 118,81XI 53,854 2,347,528 2.174,874 i.8(7 53.854 2,347,528 11 Investments Opening Balance as at 31 August 2023 I ncrease i n Value 2022123 Balan as at 31 August 2024 56,894 4,294 61,188 12 Debtors and prepayments Oebtorswere made upas follows: 2023-24 2022-23 Debtors Sti pends paid i n advance Prepayment Model Trust Fund (Prudhoel Prepayme nt Model Trust Fund ITrinityl Recoverable Disbrusements for Churches bei ng sold Total Inetl 13,711 3,1(X) 1,750 18,983 37.544 11,048 3,1(X) 1,750 10.379 26.277 6ofg
Tyntdale Circuit Note5 to the Accounts 13 Trustees for Methodist Churth Purposes The funds that support the Circuit Model Trust Fund are held by TMCP In Trustees Interest Funds on which interest Is credited to the account5 each month. These a regarded as medium and long term investments. TMCP is the legal owner and Custoijian Trustee of all Methodist Model Trust property. inGI(Jding Legacie5, Indowments, and AEEumulated Fund5. Trust property is held for and on behalf of local Managing TrustPg.8 who are responsible for Ihe day to day management ol trusi property. TMCP ensure that, through providing guidaf)ce and acting under their direction. the Managing Trustees compty with charity law and M8thodist law and policy as detérmined by the Mèthodist Confefence. 14 Central Finance Board ICFBI and Cash at Bank The Circuit has a current account at Baiclays plc. an authoiis8d institution. The sums held on this accoLJnt ale immediately available. In addition, the Circuit has a deposit accounts at CFB, a common deposit fund. Interest is earned on the CFB aGGcFunl and Gredited rnOnth', the sum5 dep055ted can be withdrawn without notice znd without loss of interest. These sums are viewed as being liquid. 15 Creditors and accrued expense5 Creditors were made up a5 follows.. 2023-24 2022-23 General Fund Creditor5 (due in under l year).. Circuit assessments paid i n advance Methodist Church Newcostle District 43,803 41,711 I(K),(KK) 141,711 Totul 43.803 Model Trust Fund Tynedole Circuit Generol Fund JI4ethodist Church Conneci Williom Leach Fund 4,850 1,925 50,578 1,925 148,486 7of9
DECLARATIONS Treasurer I confirm that I have prepared the accounts from the iecords of the Circuit and that they Include all funds under the control of the Ciicuil Signature of Treasurer Dale Name Oavid L Kilner Address Beauclerc Penelope, Riding Mill, NE44 6HY Presentation to the 'Circuit Meeting for approval. I confirm that the Accounts have been presented to the Circuit Meeting on and were approved. Signature of Ihe Chair of the meeting Name of the Chair ol the meeting Date Independent Examiner'8 Report to the Trustees of the Tynedale Circuit This Rèport is C>n the Circuit Accounts for the year ended 31, Augu51 2024 Respective responsibilities of Trustees and Examiner The charity's tnJstees are responsible for the preparalian of Ihe aecoLJnts The charity's trustees consider that an audit is not required ft)r this year under section 144 of the Charitie5 Att 2011 (the Charities Actl and that an independent examination is needed. It is my responsibility lo.. Examine the accounts under Section 145 of the Charities Act to follow the prDGedures laid down in the general Directions given by the Charity Commission (under Section 14515llbl of the Charities Act). and lo slate whether particular matter5 have come to my attention. 8of9
Basis of Independenl Exam¢neWs Report My examination was carried out in accordance with general Directions given by the Charity Commission. An examination Includes a vieW af the accouiting records kept by the charity and a cotnparison of the accounts presented with those records. It also includes consideration of any unusual ilems or disGlosures In the accounts, and seeking explanations frorn the Iruslees ¢oncerning any such rnatters procedures undertaken do not provide all the eviQence that would be required In an audit, and consequently no Dplnlcn Is given as lo whether the accounts present a'true and fail, view and Ihe report Is limited lo those matters set out in the statement below. Indepgndent ExaminèVs Statement In conneGtiDn wrth my examination, no matter has com8 to my attention. which gives me reasonab cause to believe that in any material ffspect the requirements. to keep acsounting records in accordan with section 130 of the Charthes AGt". to prepare accounts which accord with the accounting record5 and ¢omply with the accounting requirements of the Charitie5 A¢1 have not been met.. or to which, in my opinion, attention should be drawn in order to enable a proper undeislanding of the accounts to be reached. . Please del&te rh8 words in Ihe braGkgls if they do not 8ppty appropnale 131 I havelhave not. obtained independènt verification of all Investments with the Trustee5 for Methodist Chvr¢h Purposes I'TMCP l or held In othèr Trusts. Bank balances and Funds at the Central Finance Board of the Methodist Church I'CFB'I, which are individually in excess of £10,000 Iten thousand poundsl at the b8lan¢e sheet date. ' Please circle as 3pprowiale Name Shaun Nixon Signature Relevant Professional qualification or body ACCA AddsS 11 & 12 The Courtyard. St Marys Cha, Hexhatn, NE46 1 NH Date 71£ 12 9of9