REGISTERED CHARITY NUMBER: 1129523 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST2025 FOR North Bedfordshire Methodist Circuit )RTH BEDFOADSHIFIE METHODET CIRCUIT REPORT OFTHE TRUSTEES FC*4 THE YEAR ENDING 31 2¥ Report of the TN8tees li 12 13 St•t•m•nt ot Ar￿¢1￿ AdfrAI•8 14 15 16 17 St￿•m￿N of Nows 18 18 Not83 to Iha Anan¢ial St*omèrt8 19 30 D•to11end, DIBtrhX. CArr￿. kxal i¥othwor•wls*ion oltha M&lhodst Clwrch Any thwllaLI• WVPDB• lry Ihvtkni ary c* Ir*thJkn ar I￿￿￿t0th9 M8tho¢l•t Cthurch., Any pJrpMe lor Ihe ol any bdThJ ach•rty LY to Ihe Meihod16t Cthur¢h. In Bettlry Ouf Obj&*￿ aThJ Klan￿￿j tt* CIT¢￿ Q￿ft o)r*kJeraUon toth•Chvlty cCthn￿SJkn￿'8 gener euk18￿6 on put4k and In to Hs swknert8ry on our ot4ocbvos us ￿ o Tho cdlr4J ol T￿ M*horl61 l>wr¢h ￿10 r•￿￿ Ioltr•Go•F41 ol ¢knf$ Im (n tolfvg ttsd8cWlp In w¢JrnNp 4nd M￿10ft. Wo wlll th• CIr¢u￿& r••0￿￿ *.' Holp peok401o grow vKllm¥n*• Itwow •Thl¢v•', 89 aoxd bj In nood and rnor• Idknvers OIC l ol the ML*)vèwè*￿l 5¢d(tO￿th •cwnenW Ather•vty po¥th. W•wll 1o1ry* fv Hdy b¢4lllrwJ u•fo'. LOVE God ￿￿r hewL 8wI. and 6treWh.. be DISCIPLES Cf JESUS. lkn Chrt•L ¥k•CMst. ts) Inwi aryl Idlow worklrvJ for KINGOOM Ihat God￿ dom kn the CW aThl on ogrth lor al. as Iw•n. W¢ Ststemeffl rto in w•x'. C8lebrate parllcuLqr BpK4d ￿t06k￿ th• Clrvjt: Exerthity mirAsty **h4 ol Irom th￿r￿￿•t￿>r* wNh whom In pfirtn918hlp lo varylry thgiees., lTrffjfvlng Symurnerary Ir8lw•dl M)r5￿*￿J Oitw ¢4 a￿￿1 110 *& lar 48tsy tAlsh and al I￿[r ¢*wm01an￿ permll.. Con0n￿TrJ Partr￿8￿p5 YllhM8tl¥J¢thBt d*1ib￿9￿j othw4wertM*wJ¢h¥iliM,. $LW￿l1rwJthw•Tw wlhkn th• MHA Care Hcffj8s ￿lINn Ihe arcull.. Prrr4kllTra aTrJ w8yer SUF9￿1 tothurEh85 to *yes￿tt￿lTILtt1 ACHIEVEMENT AND PERFOFIMANCE Septerrthr 2024. aThJ SK*ilirnll Seovniw r*fiv• tha straw requii&J. Paw3 FOA THE YEAR ENDING 31 AUGUST 21125 ACfrNEVEMEMT AND PERFORMAPKE {coKfiNUED) The Circu(t Klegts"ThJ, as Lctd M8na6iryJ Trustee5. dexithd thal carr4Jl WJk¥0n7m¢y￿￿ ths r￿UCed rnlni¥teri 5t4fftry. The Circuit Mawer Stwharme raspo￿lt41ties to knp)rtaM WPPOrt to tPo Clrcutt Mlrdstefs and Clrrxlt Chwch8& Tho 5tratggy ￿01￿ 0￿rt￿* lo rn8•t at Sl4lh¥ the next 3 to S year4 an168ue d88m•J crtucal In iIK• fe of Ilx c*¢utt. TIK* at Wel8 and lor elher 4 (Y S nlrtBlorB from a127 Rv4 Slos Woorf$ wrgrrt ppdThlrnont firishe5. Atthe present Imv. 5 ￿ • may b8 allordatrl&. Sutyjesllons lor ehwo• *er• ￿th t￿ Ciruwt meebTrJ of Febuary 2025 and Cor￿uma10n 18 cry¢iry. July Circult Kleetirg 2024 wa5 inf￿M￿l thai the RÈV MKhad Gles be'Sit*rvJ down, Imelhodlst term for ietirementl in August 2025. The CirGwt Invitation Cornrnrflee Iherefrye A be creaiiNJ a St￿)0Th1r￿j profile lor a rEw Minister trorn Sept￿nb￿r 202S. Fl•v KI1¢1K*￿ Gl1¢$ left Auw*t 2025. 2ty26 Lwllv NI￿ SO￿ I￿11 I￿n9 lor a drcdt. Pwlotto *411. eUb￿t to ¢orknetx•. bo JLrn 2(Q Fiom Soptembor 2026 Rthf Z•nu Srnlh wll be W• •r• ￿￿Or¥j r•gvdTrJ * F*A8*t• DovAn for the 8•dltrd of tho Strategy vnr• to al Impov• IN• ty4fty ￿ Il* ¥¢¢ynmodAbon I￿ arrjjtt mak86 avalatkn to m￿r$ ir%J Ih•lr Iwnll and bl ¢nJur¢ lh¢ m¥ro88 4r9 Ictat•J h lenroj ol mlrlBtwW for I￿ W ChurthLW. The man8e8 at 12 Hartop Be(YL¥d. 4 Cde• C*>M. B•dltyd 35 E￿1(￿ Rood. Kwrpston rgmth da85+lknd •B Inv•8bn•Nt p8rtles. E*h h4• b88n18t 1$ gener￿ry * rerld bwn•tO SUFPNI th•C*aAfs ¥m•. Exh proF*rty f8valu8d In Novembw 2025 bu•d on Wsh•d d4t* lry slmllw dgi¥h8d prcw1688 Irom lh8 for Stat15tks. Plurykn arxt ¢lo•w• ot ohurol*A Thore hwg lx) do•urg1 cl Ch￿￿ 2024 kn 2025 flnwxlal y•aw. E¢um•nlE•l Mthr• Th• Clrf*Jrt hos corfr¥xd to •XF*Jre and do¥•lop at Cwdlrw, •rnl Uthlry￿. Wor•h Tho CArcult eonlkn￿j to Or*our￿ chureh¢s In 01 ltstr arxl lo r•8wrc• Ihkn thrc44h th8 kY•*¢Nw kY*). Th• Lo¢al Preach￿ and WwNp Lead9r8 Me8b"ry con0n1￿￿ to ffjeet req￿arty. exwc*lry ov•r a￿Ted￿ad And Iran88 Lcd PTexhws, ￿￿[￿8?1¢¥n￿j &￿j tr￿r￿0 WNsl* L•tylw*. Th& conlknued the rnordtortng d DBS r•ILdr*￿#rt11 r•n•w*l arrtl fv dth•ry +Y Cwllr*J Spxe trHbnh Olh•r fJr¢uh rn•ll•r• rhE Circutt maga￿￿ cortlnued lo bo pum51￿j thr80. thwkje t￿ Pl￿h1￿ FI￿. M••tirwJ¥ ol Churth prw•ty ste*arth wen hekl to er*wo dl ￿TCheS suFpJrt2d and hlom)•d about tslr Jrrent obl*allorn aTra r•BF¥JnwtrJ1ftkn5. EM mè*lry *ve h8kl. Pf•4 FOR THE YEAR E14tXNG 31 ALIQUST 21P25 FINANCIAL REVIEW Mndol po•hlon re8owces. Chur¢heB have been a6ked to IoL* Bt wayB kn ean partner8W 8twIr￿ to rdo&ge Ihb cwrom burd8r* on r88oure8S. Prlnclpd lundirw *ourc• Tho ￿rt1p4 ￿lre* ol lrtcffjèli*th0 CJr¢JJl pwd tyth• Cbwehes. Th• Qrtulteonth)uo6 to hmve of 8a*Jw eath Ctsjrch to thdde they can affcrfd to ￿en thetr furKl8. Chwch treaBwofB moot on at loajt an amud basis tod8CtsUthe vasugs mokry recoMmthJ*"Lmtolh￿"r cl¥Jth c￿￿1$. E￿h clwrchcw￿l is asked aaree an affrt*urt Ir￿￿1•￿ kn tt* y•*$ Glrtutt W wthth b aFsYty*J by C[r¢￿t m¢thirwJ. ¢lr¢utt 88S8ment Bre due ￿rtartY In thr￿. Told Bhwa oflLVB ￿Ourt￿l to £335.362, a 8hJrélkv* r&kntion ovor pr&Covld y8ar8. Th8 currarn stste of Ilnarw In YMch hava baan, In mo8t cose6. rwatfvdy by th8 reBtrktknns krwed lry CtrAd. is to btr royeroed In thè luiur•. A small group ha*a8d ty the CtrrJJtt TrO￿ur￿ frcffi S8Ptemb8r 2023 at *M8matfve al Ikmdr¥J the CIrc￿t bu¢JJet. Thoy Iwjsed on the rnodql used ty tho South Bethordshlr8 C*rJJt. The a68851￿ mthjj introknj ￿1h Tho revenue 8XP8rthre ol Llycult ￿tha paym•rt ol Clrrxlt 6tall Thtrtod b) £271.328. WINL8t KlrlBtor8 ¥• clreult1A￿•l TnwlFund(CMfF) Inclplll sour¢9 of lrftth• lor tr* l*Jdd Tn*t FuMI •altr ol •KI s#rtlAtod Inv•sm)•rrt IrKom• frem those Msulling lunts. rt*d Dlthlci L•vy waB £16.127 *tdch ￿11 bo uued to t￿th￿ ffllBBlon th• corm￿OrL Th• cortlrtw ta i*luc• y• on yoor as luThJ• held tt*¥nLle•. Clrcutt Modd Tru8t Fund IcMfFI h*8 *l¥•n AS r•4￿ ol lh• sd•ol *r¥Jchwth I￿1k1r￿ rKJ lorw rtrwlr•d th CIKutt. Th• w ol d￿￿*t￿l fvnd• h dthnlrtwj ty th• Prxik•• D￿1rd￿• ol ttK• K4thodW Chur¢h ICPDI. The oeneral r8xw¥e8 pjkyls lo mRhlakn wle¢We hxKl& to of ol th8 dlly to eX￿¢11ur8 al C*¢uil. Thi8 ¥¥a• r￿eWed durlThJ the year. The G8Mr81 Fund 48 41 31 Auyt 2025 £4,226,171 cl t3.9S6.896 ba I•￿1￿j on Iho Ml• ot fiwj a88ets yedominarfy ol t￿ man¥•8 tlwee irN05trn￿ wop8rt1&8. meathg there was £269.475 01 fuTrJ8 RV4Iablo tOrn8et Iheday today flnartlal wulremerts ol the CAffaAL This io Iu5t18s8 th￿l￿ee months ol no￿81 eXFenditur8. UnreJtrkt•J lunds dso lThJudos £22.838 lor th•maw rwdr rjjsts *I￿•th￿• ar• over and abty•#x￿0d *nnu FiJfuRE PLANS The Strat* WorldTrJ Grow> IS1￿) (%xthLM to mp8t to ¢>Jnqld8r the Strat•* Pkn *th1 rffor to th• CIr¢￿t L#*Jw8Np Tearn ICLT), rewl tothe CiwrL¥I KIEetiry. èxtèns￿& COr￿￿10n ￿ad iooethw. at SrMbThJ Ceuttla. 888&tm Santy arkl uP￿r Caldectrte Methodist ch￿￿h (Je¢￿ lo bewe 1 cMJr¢h wt)55 3 site5 MptsKKli5t CkKJrth', *hi1s1 Hen￿)￿ REPORT OFTHE TAIMEES FOR ThE YEAR END￿ 31 AUGUST >Y2S STRUCTURQ QOVERNANCE AND MANAGEMEKr The Ntyth BethortLslire Ctrojl twas lom)¢(l on 1 X111 Irun the of tho 8&11tyd Styjth Arnpthlll Clrcubl. the ￿9$0sWade th• Noth M•thothl ¢treJJL Th•ch*ty t)Lxnbar w88 rarrk*Jfcnvard fvorn the old e9(10￿ North cl￿1. 11 1$ Fwt 8odl*y(tsNr•, Es8ax and Hortkn¢knl*8 C4thcl In tyrn & rArt of tha MtsXhodlsl Connexion in Great &itwn vth08e cone1rt￿on L8 wverrtd by an ALt d P*lknenL The Clrujrt 58 tyTrvvrnEd by Deal of Unbn11932) th8 PAdW81 ChJch Ad 1976 a6 a￿lthY March 2011. CMr8n ¢orrtrol 01 the aicuil rests *4th the Klotiv￿ Conl•r•ru. Th• c￿￿xIon￿ m*J8 by Corlererre and is dso po￿lb18 lor the ol mknLsier8 In lrnlMdu* CIrc￿t8. COrrnXkn￿ ￿•S1On￿ we Pa￿ to the Char of tN8 Dlsirfct thfr sp￿￿at8 Clhcors ol the ￿8111ct for reglond irr¢4ernerrtatsDrn C4slttl p•sw th• drmn to levd IN 10¢ by SuportrtaTh18nt Mir¥st￿8. miri8tan* glaftaTxI Stowwthvlllth? m•thurn d tt* CbvJr¢ K4wir*J. m•mb•rghlp al Iho down In CPD. ¢Mrltyeon•¥tullon In twm8 Clrcuh 18 mwJ• up ol.. Cl￿*¢ aFrJJt Sle¥vard& aTrJ c4ftc• holdgrs undthl*1ry Cthr￿t rol•s'. CArcuft * wothers.. rwesent*fve8 Ircffj th• thjrd￿ ffio ¢hU￿ TJea8urw. church Steward F4 on• ¢th•r ole¢ied morthi w 10) rkwrnbws of th• ¥*urthl' crthef MO1￿]￿8t M￿￿terS I1￿1u1￿￿O SupvrnUrngr￿O&l rasklinq Vffihln th8 CArcuh ￿ShIng to lake up and NAJI￿￿d MlrMst•rn thurckns wltNn cAr¢￿ wlih 10 1*8 appolrtrnant. The vc4lrvJ rnerrkns of the arvjt are lh• ot IlK¥ mattor8. lo propth 158u¢s. ba r•lwr•d to tho (Istrkt Iho conmx6trn￿ office. through the Tn￿0•￿ lorMéthod8t c￿￿rth ITMCPI. as ¢￿￿1n Tw•t••s. Ixrt most mrtt8rs ared*•￿In?￿bYtho Clrcu ffl86tlng It8dr. WNlst tlw Bppdntment ol the manaOrv4 trustso818 dthmilrnd In tho StsrKlr4 Ofdws of the Mothothst Church we￿rn to •n8Uf• M•M￿rI of tha Le•JetsNp Ml88kn st￿ ClrrJJtt sioward• tr)d￿Je a troad r•rvJ• ol •xp8rl8rK8 nd •xp*ls• Ir*]￿n• P•Sttyal, wr¥y8rty man8r8. Funds arts ￿l￿al•d th• ClroJK aTha ac¢￿￿ v* tho lJ¥trkl towtr•hJe traklr#J orddn&l and Ily m•mbgrs of $t4ff. Tho D*¢rkt olfers tr￿rAry lor Bll Clrcu* Stewirdj. I meft*er& oftheaffvjn rr*¢tlnp lo rn•Alth•lathf Th8 ol aTrpxt•tr kntr• m8thtrJ•i Ghur¢h'. OrphlMllon•l •tyixwi• Th? Clrojlt SIV￿¥d& toJether t**h Mtrd51W, otrth Mkl•iw• wrtl are myn￿blO for erojurln lh• cl th• Clrcuft w• W•ld xi•d upon. Both the Clicult StewBrdB 8TrJ thv CAreuft LtsadernNp T•tkn mg91 M a r•Ww ￿1$ to anryor FdldoB of Ihe a￿4t to make 11￿mme￿allIOr* ro th8 Cl￿th Kl88tr'r¥J. d80 hw8 on ol the Clrcurt Str•Am8 who coordn*e tho varled 4sp8cts of t7￿ CArrJJil* K¥lK and ￿ *$ f¢*x8: The Slrat* (¥oup W*rshl) to ￿￿eW ts sirnt•tyc F4•n atxl m•k¢ IKwnM•ndatI￿ on how lo ImWTr8rt It. m•Je up on wdnknlor arxl 6t**#rd vowMertaloN. Th8 man88 commhtea rn8*B h¥ke a year. Th18 mwWr¥J IDr iT￿m￿￿¥¥I ￿ •w88d m4nt8nanr* yogr￿¢ A Mlsslw A•sOUr￿GrouP meats qLWterty and th•oveMvwarnl ryw*2rnntof￿l iewrwlrKludThJ y(wty. fin8rK8 personnel. The man•Jem8nt ol tho CINII ￿ Iw*rt•d r•rt kn l&y tha ClrcL*I Manw Fth)I￿o Al•k m*n•g¢m•M The trust￿8 hwe a duty io Ih? to *tlch th• L8 eypx•J w¥J to aM)r(y141& contrd8 ara In P*J•6 FOR ThE YEAR EIXMNO 31 AUGUST >)25 STrUCTURE. GOVERNANCE AND MANAGEMENT (CONTINUED) In ac4)rtlaw wllh Ihg Ch*1￿ lkn4unts ￿[1 2(1)8, IPrfo￿ th• CtroJ* T8arn ICLn. has OLrt 4 To￿0￿ c4 our ￿￿￿￿$. The Ckn¢ull has.. kler*r￿￿tho n88d towodwe a ￿l￿en Hath & Sal8ty Prfq.. The Tr￿1￿0$ lor ￿￿tha¢￿I Chureh Purp)ses I￿￿ the cj￿1t$ Mcd Trust Funds. From funds Ihey d•Yuct È W. pmpordonal lo Ih8fundshekJ. thgoes tovMd&the nxlnlng ollh8 M8Iht#J￿I c￿rth nathjnaly. Thy actas CUs￿dIan TnJ$tees hohJSng thè to Ihe elght prowrles (Manses) In v￿ch the Mknlslers l¥e. The Meeung, a¢thg as Managlng Trus¢8es, L4 resporKwble forttbgdoy loday olth¢ WQF¢rbg8 ha8th8 rIgh1w￿ otdvJationB olexwcblng power dIACM￿Ort ovèr them. REFERENCE AND ADMIPaSTRATIVE OEfAILS R•gb•t•w•d Chwlly nwnb clo Willltwn ￿lIK￿tC￿￿Jrth &alkn1 Fk•J IlThJlon Bgdford MK44 3(>1 Hdn88 Walts B•dlwd rst FltrJr,Wtbwn Cf 2 Rdtton Road 8edkJrd MK42 7PN CL*e Bulknlr¥a FrathlLn House 2 Ste￿￿?Y Road Bedford MK45 1KI Acw T￿J(￿lI Bsc IHorAI. MAICS Ja¢k8on StQP5 Wobum l Mwket HaLX Wolyjn BsdlorthNf• MK17 9PZ 8ank•r8 Nalonal we￿mh7$1ar Barl( P 81 H￿h Street Bedlord MK40 1YN Cenlrnl Flnanc8 8oard 9 Bonhlll street Le¢Kltsn EC2A 4PE Cenlral BuihJlng5 O>Jham Street M*K*r M11 P4*7 FOR THE YEAR EIUIG 31 AUGUST >)25 Clr¢ultMlnl•t•rn Rav Sllas Wood. Syrfrtendent thdrofclrcuh me Rov L88118 Noon Rev c￿18 S8nty Rav Pau￿? Te￿1 R8v Sydn&y SlcNlllma Ilr(¥n 01￿￿2 Rev mIch￿ Gl188 (to 31108120261 Clrcult Stsward* Mkhad Curr Nlth4a8 Guy J*n• Mcvoy PNllp Tirnrr ChrfgJna Sa*kn I¢￿tt Fkn•n¢• 8tsw•rd Ml¢had Carr R￿hard W8rd Inon-votiTrJ cArG￿t S•1•g￿rdIng Olllc st￿hank? Anne Cts)p8r Lo9•1 Fty••ch•r IA••Ung 8•ty•lwy Flw Jull• &Mdsh Flev Nlq81 &t*)Ings Flw Hp Rev Da￿d 8own Il•thodl•t Mlnl*t•rn rwld•ntln cl1￿11 Ill￿1¢¢ Synod R•pfvMn￿lv•¥ IDSAI St8pharl8 Fl8kl J•nny Sr￿$0￿ Roz Addwon Marglrth Bya All80n SymoTrJs Sonh ￿ler Jonnffw S(rtdMle CynthLq Dent Ilrorn 01109120261 Mary Milkr (to 10107R0251 Flcrtem•ry18QWA Hden Ga(18d8n Cardyn Mayrgtd IIEPOftT OF THETRUSTEES FOR THE YEAR ENC11￿ 31 Al￿vsT a)25 Patsy Astc Ihrvyn Bardon annls Bardan M•rgarth Su8w W8ts0 BreTrJaB8llantin8 A￿hc Ken Olfv R&)•r Sklkvr Klnq81ey InoTrvotlng) B•ccl StalhAm Vrom 29tW20251 P•tw Smlth Lyrth S￿th Prrtirnen Jwny Broadbrf¢*J• 13w•n Arrnlt ephunle 8wrknr m M850Th Jeff &Jll8(f Anth￿COnSt￿￿ CtyJrUW Alm¥ J•angtt¢ Let Grahwn FLllett All8on Symth ltrom 01MI)r20241 Kolth Gaunt M8rgar81 Bro Nigd Fithn Ilrom 1511(¥20241 Andrew D6nn*on Ito 3110W20241 Pagèg REPORT OFTHETRvsfEES FOR THE YEAR ENDING 31 AUGUST 21QS J8nry sna￿0n Nbad FIrt￿n Sug Ml8n Ito 31IOWèJ261 Da¥fj(l Gomiary Jenny Ender5by JBn8 Germany Mlka Bonr Da￿d Bary%TS Mariwn Blylh Mdri Pe￿2 P8PP Joe PaFvtrr •lna Sulllv*nlron*otkw rrtnltyi8lk¥th•w*dp) Imlliaff Dovld Harrhon (to 30110r20251 Heather H8hson (to 3(¥1Crf20251 Pthda M8pl*ott Ilw 011111>)251 Klm Curtl8 Jon Pa￿ huby Paul Ph Jeanette PaB 8rhnAd¢lrvJlon Roz Addlnoon 10 REPORT OFTHE TRLK8TEES FOR ThE YEAR ENtXNG 31 AUGUST 2)25 EVENTS SINCE THE END OF THE YEAR ENt)OWMENT FUNDS th8￿ fflth88 Bre h8lJ ty TMCP manaog on n8 bew. srATEMENT OF TRUSTEES. AESPONSIBILMES Th• ITL￿￿•s ar• rOB[#￿Ibl• the Rep)rt olthv aTrJ thBflnartl•A 8tBJemertts In vKcL¥da￿W1th •wdlc low and Unled Kirydom Ac£ountirq Star*lwts IUM8d lQrykn ADx¥urtiw Pr&k&l. Tho 1vw9￿lCal￿e lo Ch￿1105 in W4e8, th Ad 2011, Chwty IAcciAxts arwy R•￿rts} R•]￿tionS 2008 andthovo￿8k)n￿ of tha truÈt ly￿ r8ryJlr•8 th&tntst••s lo Iknfjr¢I￿ slatarn*rts 8*h y•arvth*h a tru• 4nd I￿r View ol the state of 01 the c￿TIlY wvj ol th8 br￿￿1r￿j resources aTrJ gw4katlon ot re8OLKC88. IndLKlng the Incor and Wond￿8, ol tho ¢hffj for itsi In wewlr¥J thosa st4temerts. Ihg tnJ¥to#• we fyquired 10 ihom*hodB knthoC*wty SC*IP: mak8luthJen* WKI 98tkn•l•s tlwtar• exFddned kn Ihe finarYJd Bt*rnerrts'. prepare tho Stotwnerti ￿ the grthg £(*￿M ts0￿ It to thot the chartty conUnu¢ In t￿￿•53. nnArt4pJ pos11th ¢1 ¢h4rtly tp gnaile thwn to erffjuro Ihal Ihe statements a)mFdy the Charltlos Act 2011, lh• Ch•rtty IAc£oJrrtB and R•wlsl R•gWallDnB 2C¢)8 arn1th•Wo¥ld￿ (4 thet￿ld00￿. Tlw aro d80 r•spOn￿￿e lor8al•guardl ass•ts ol ch￿ty 4n(I tor t•k5TrJ r•aswat4¢ sl¢yJ tor cl arnl ob)•r I￿89￿4￿110￿. th&r8 IB M Ml•vant Inlomwkn ol I￿¢￿Ikth££Y￿￿rry.$ £￿min￿l h un￿ar6. Intyt888 have taken d steF4 Ihat Ily ought to havo lkn to mako aww• ol any r•lwant awlh knformalb)n and lo gliabkh that1￿ 4L*Ylty * aw¥• of t￿ Inloirmlkn. Approv¢d byordgrdtr* 20264¥yJ •lw•J on A4behdl ty.. Rev S Wood. T￿￿ REPORT OF THE INDEPENDEKf AUDThORS TO THE TRUSTEES OF NOFrrH BEDFORDSHIRE METHODIST CIRCU Oplnlon We have audked ihe Ilnandal staigments of Nonh BedloTdshlre fJrpJtt (the 'tharftyl for Ihe year ended 31 August 2025 whth (x*nwsè th8 staltm￿t ol Fina￿￿11 ActNlbes. the Balance Sheet, the Cash Row Ststement ar nottrs io the IOna￿l81 statsmems. a summary ofsbj￿¢anI wKJnJng kK)kie$. Th8 linanaal reporting Iramework that has been 4)F4ied in their prepar*ion is awJll¢at4è law Unitad Kiwdom knounting Slandards (United KirvJdc*n GO￿ra1￿ Accepted Attountlw Prackel. In our wnion th8 financiaf slatem•nts: glve a 1nJ8 arn1 Idr vknw of the slate ol the charty8 8lf4trs as at 31 Awt 2fr25 a￿1 of ts incoming fesourctt and awlleation of rtrsourw, for th8 yèar th8n 8nd8d: hav8 been WOFerly pr8par•J In accorda￿ wth Ulmted lfjngthjm G￿ner￿ty knept￿l A(XOUnting Pr&iic•: and have been pTepared In a(£ordan¢e wllh th& requlrements of th9 Charftlas A£t 2011. Ba81• tor oplnlon Wa conducted our awlit in with IntemalKJnal Star¥lards on IUKI IISAS IUKII and apF4i¢able law. Our re8ponsiblllEe$ under those slandgrds 8re furthgr descri￿ In th8 A￿ls. r&Swn￿￿IIt￿?S for thè audlt of thtr Nnancl slalements section ol our report. Wo are irrtl8pgtvJent ol Ihe charrty in xcordance with Ihe elhkal rw4urgmont$ thai are relèvant to audit ol lh8 hnandal statem&nt$ In UK. Inc4LhJlrvJ FRC'S Ettucd Standa￿. and we have Idfilled our other •thioal respon￿bi￿ti8S in accordance *ith th8S6 requirements. We thai th8 audtt OWd￿¢8 we have Obt￿nad Is suffklent and woylate to provth a l)asL8 tr ow (Wrlon. C¢nelu•loft• r•l•tlng to golng conc•rn In audlllng the 1Snandal slalements, wp ha¥8 Ihat the In￿10￿. ustr 01 the golw concem basls ol a￿OUntIng In th• pr•parallon ol finandal slalements Is approwate. Basod on Ihg work wa have prtorm8d, wo have not kJ8niM8d any materid urtertaintlos relaliryd lo ovents LV condlllons that. indmdually or coll8Ctwety. may c4s1 shjnilkant dt)ubli)n I￿1*8￿.$ abllty to eontlnue a8 agolrvj COn￿M for a peri¢Jd ol allgasl twofvg monlhs from whgn Iho flna￿l81 statements are aulhorknd for Issu8. Our r•sFon8WJ51tt1es arKI the reswsknlolltrs ol tht tru8to88 rosw to golThJ corK•m are d08crflJed In th8 fo19vanl 8ocYons of Ihl8 roporL Oth•r Inform￿lon The truslees are respo￿*18 for the other Intornallon. Th& other Inftyrnatlon comwses the inlomotlon indvdod in the Annual Roport, other Ihan th6 Ilnandal sw8menis arn1 our Report ol If* I￿eThI0n1 Audltors Ihoreijn. Our opinion on the finanrAal statsments does ctyer the othor inlomiation and. •x¢W lo I￿￿ extent ¢)th8Th￿ gxpwtty staled In our report, do Th)t express any form ol assurance conduslon Iher80 In ￿nn0¢th)n wlth our audlt ol t￿ fln8￿4￿ stalem8nts. ow r•sponsknlty r￿d the othor Infomwiion aThJ, In dolng so, conslder vtheih&r the othe¥ Inlornialh)n Is fflalfrrfdly irwi*t8nl wlth ihe flnarKlal statemenls or our knowle(*e obtained In audit 01 Olhèrwisè appars lob• mat8rialty missi818d. Ilwe Id8ntlty $uch materlal ￿KO￿lsIer￿les0r apparent material mlsslalgmenl$. we ar• roqulred lo d•termlM wtr*th•r this gives rise lo a material misstatemenl in the linanclal giatsmen them8efvg8. 11. based on the work we have perform9d, we that th8re bs a mssstatemoni ol i￿S oth•r Info￿atIon. w8 ar• rwuir&J to report Ihat fact. Wg have nolhlng to report In rgoard. M•tt•r* on Whlch w• •rn r•qulr•d to rwi by •xe•pkn W8 have nothlng to raport In resFect ol the tollowlrvJ matters %thBre Ihe Charlbes (A¢￿thts arNJ Roponsl RegulolSrms 2008 roqulres us lo rewt to ycyj il, in rHJr owThon'. Ihe inlorna11on given in the ReFrfM ol the Trustees is In any r•sp•cl lh• flna￿l stalgrnents.. sufficient accounting Teci>Tds have not been kerA; O Ihe fInar￿19] statsments r•X In agreemont ￿1h the ac¢ouniing r•c(wds atKI retums.. or we have nol received all the inlomalb)n and expkinalK)ns wè r¢quire lor our aLMlit. R•¥pon•lbllfth• of tru¥t• As eXpl￿r*￿ more lully In the Siatemenl ol T￿￿e98. Rw%bilties s•t on p￿e 11. the trustees Ire fesponsIb￿ for thè prepar￿lon ol th8 Ilnanda statemgnts whkh gN8 a true and I￿r ￿ew. and such kntern￿ control as the trust 18miin8 Is n8¢8ssary lo en*4• the preparation ol financial Stat￿￿ents thal are Iree from material misgtalement. whether due io IraLKI or error. In prepariro the linandal statements. the Imstees are respons1)18 for aSSeS￿r￿ th? tharity￿ ability ￿ conilnue as a golng co￿9rn. dlsdo$ing. as ¥Okablg, mattets rdaled to goYwJ corKem and usirKJ wing c￿reM basis ol accounllng unths the trustees either interMI to liquidate the charity orto cease operatitin4 or have no ahemafj¥o but lo do so. Pagg 12 REPORT OF THE INDEPENDEKf AUDrroRS TO THE TRusfEES OF PK>RTh BEDFORDSHIRE MEfHODIST CIRCUIT Our responsibilill•8 lor th• rdMIt of thè Ilnlneiol •t•lem We hav9 begn appolnt8d as audrtrys uTh*rSrt>n 144 ofthe Charlts$kt2011 ar*1 report h aCc¢rdar￿V<h reguLation5 made under sectlon 154 01 that Acl. OLK obj8ctiv8s are to oblwn f8ason*Ao aSsu[ar￿ aboutwhethwthe finar￿la1 statementsas awhcAg are free from material rni&8tatement. whether due to fraud OT error. and to kssue a Rewt of the Ind￿nd￿ni Athliots that IncI￿S our opinion. Rgasonablg aSSura￿e Is a hwJh levd ol assurance, bjt is not a guarantee ihat an authi ￿TrY￿et•d in accordance wth ISAS IUKI wll always detect a material misstatement when tt exlsts. Misslatements can arL5e trom Irwd or error and are corKsRlargd rnateri￿ rf. i￿11¥1￿￿￿ or n the aggregate, they r>)ukl reag)nat4y bg 8XPX*d io k)ftuenc4 the gc0n0n￿C decisions ot users taken on thg basis of these financi￿ statemen Irr9gularfllgs, Inchjdlng Iraud, aro instartes of noTr()￿a￿e with Lq￿S arKI regUl￿10n$. W& d•sw Pr￿ad￿reS in line wrth our responslts'litw. outlined atL¥ve, to detect materlal mlsstatements kn re5ffj 01 itrogularflth. fraud. The spoclflc procedures this engagemenl and the 8Xtent to vthkh thèse art capabb of deteclkng irrggulatiti8s. includirKJ traud, is delwled below.. We obtalned an understandlTrJ of the nalure of the ￿tor In 7Athkh th8 yrales. Ir￿￿dirvj the legal and regulatory Iramewoth to Ihe charity. We cons*Yer thai the most s*rtltsnl are th& Chariti8s Statement of Recommended ProCtKe. the FInarK1￿ AepordNJ &andard in the Unrted ￿.￿dorn arKI Re￿￿1¢ ol Irglw IFRS 1021, th• Charmos NLt 2011 and the (*arlty'8 r))nsthutbn. We obtained an understaTrJlNd ol how the ch￿IlY compb'es wllh th￿ 1oqulr8m•nts by dL8Wssio￿ wllh those charged wrth gov8rna￿￿ and revb*4ng the mlwles of Trustse m6ttiTrJS. We assessed the rfsk ol material mi%statemerbt ol the finartial stattm#nts. Ir*lJdlro rbk ol mat•rtal mlgstatem8nt due to fraL*J and how A might cttsJT, by hok11rrfJ dlscus$k*ns ￿th charg8d vAlh gov•man¢w. We inquired ol those charged with oovemance abyjt thèir KJtintihcaih)n and asse88fTth ol th• rksk ol Irr8gularllles, IndudlrvJ any k￿￿ actual. Su5[*￿e￿ or alw ol We d15cussed fflattors Yknout noTrcompllance with L4ws reovlation$ and how fraud fflWt oe(yJr ineludiffJ assessmenl ol how and where the linanraal slaleM￿t$ may b8 SUSCèpll￿0 io INegula¥thes or fraud. Based on this underslandro. we des*Jn&J sp8ctfic 4)P￿al0 au(tit procedures io klenlfy I￿lanc8S of non. Com￿lance ￿th laws a￿1 r•3ulations. Th15 irKluded makiNJ enquiritss ol rnanwmgnl ￿s0 chaTg8d vAth govèrn&nc• a￿1 oblaining awment Jnds Notys Tangible assels thweslmerrts knvestments kn￿strnents propety 13 2A38298 2.745051 14 15 14A91 176997 1 A20JOO 170016 1.447P83 T(*•l 14,891 4.133 4 J64.650 CURR￿ A88Ers D&btors C86h al bank 16 20853 184P36 24.938 343.912 T(*al 906289 368,850 Anounts fallSng due wlllln ong par 17 {WO81 196.7851 806N81 272,065 14A91 4WO,174 4.fj36.715 NEfA&8Ef3 14091 4J40.174 4.636.715 RWDS Vnrastrl¢t•d ljnds R98trIded fvnd8 Endowm•nt frJnd8 4124831 9S2 4B20099 952 14064 4*40,174 4036,715 The rtoles ¢X pages 19 to 30 form part of tho ffinan¢ial statements. Tho finarKial statements We￿ approved ty lh& Board of Twstaes on 23 Jun8 2026 and Sbgned on ts behalf b . S Wood Tru51ee M Carr Trustee P*Jè 17 STATEMEKf OF CASH FLOWS FOFI THE YEAR ENDED 31 AUGUST 2025 3111825 31.W24 Nokns Cash Ilrms from IprntFNJ aetmlkns Cosh generated trom operations {959601 1107,755 Total 195J601 1107.7SS} Ca8h Iltyw• from trhwtlng actMII•• Purchase ol langible fixd assets Salè ollangSbl• ass•ts Intoro$1 rècei4*d {562.3751 802,no JJ*54 28.492 Notcash pro¥ided bsrflus•d Inl In￿￿n¢ 4th11è$ 636 J84 {533,8831 Ca•h Ilow• from I*Mncknq a¢tMIkn• R&pa>menl ol10on$ made to R•¢la88Sll¢alon ol loan ts) grant R6pa>ffl•nl ol loans r8cei%•d 2,500 1.000 Tot•1 3.500 finge In ¢ft•h and c••h In t1￿ r•ptyllng ptrlod C*•h •Thl ctt•h •qth•l•nl• •t I b•gknnlTrJ ol lh• r•PUth￿ perlod C•8h arnl ¢a8h •qth•lvrt• •t lh• •rKI ￿1 r•por¢lng perlod 541m4 1838,1381 343*12 982,050 884P36 343,912 Pwag 18 Thecharlty tonthlutes l*nelW tts FRS 102. sttstsmènts hav• pvépared In aCCordar￿8 wlth ACu￿r￿[¥￿ aTrJ Ropr*Nng ty Ch8rths'. Staternern ol R￿MMe￿jed Pract*e apFlicatde to ch￿11¢$ preporfng tholr ac*ouffls In wlth tho FIn￿￿ Ropyiiw si4ndwd *11h¢ UK 4￿j Rryutllcof IreLgnd iswed in Ct*ob8r 2019. the Fin￿1￿ ReF*NiirvJ Sl8TrJard iThthe Untted Kkngdorn and RepL+t4k of Ireland IFRS 1021, Ch*il*S AL* 2011, UK G8rb*4y AtLwéd Th8 $tatern8nt$ been to tyv• a and vlvw and havo demrted from Charttl•s IAcr•urtsand Rerortsl Regulatvm ¢>rdytolhe extent reip*red low￿￿Je alnJeaTrJ Iwr viv•l. Thi¥ departure h￿11￿cl¥0d folovthw th8 ￿￿0￿)1￿9 *)d Reporuw ty Ch*lda&. Ststwnarn d R￿0mMen￿d Pradce tochqrflks prepartw thetr accourts In ar￿rdar￿ th8 FlnarK4d ROF￿￿? Sland&rd aFpfkable In Ihe UK and R8wlYi¢ ot l*d¥nd 2019 rattwr Ih4n th* aTrJ RopJ14rv4 ty Ch*dtkn8.. St*ewM Rffornrn•Trl•J Prxtk• dlxlw• Imrn 1 2C•)5 wtsch ha5 boon Thafina￿ Btatemarts ar• pry•d urthr rgxNwthrk The fIn&￿ •t•kn￿rtS we pw•rrted In •l•rfh¥ Is wrr•rty of thtr c4w6ty rtyJ¥J•d to Ihe no•xo•t£ Th08Ianlltart pc4k4&9 aKll8d Infv w•p•raUon 01 sM•m•nts af•••tout bgkn. ThM• 8 hwe been con￿*0ntty ￿ed to 81 y￿8 urt888 other*l88 Stat•J. Uablll￿￿Qle a84xpenthwe as loon a8lhere lsalw 0rC•nwL￿W8 therjwlty tothat expendlur•, R l$pr(&tle thet a Iransfer of ￿0￿1¥1￿C b8ngf#8 wll be r¥￿ed In setdThrt aTrJ Ihe Amourrt ot4WlkJnc4nbg msasw0didlMtty. ExwndftUr01$4C￿urtfjdf•1Ofi an4ccru￿$ ba$is hA¥bA8nd&&￿t10d der he8dIn￿ Ihot aggrogate 81￿$t rdat8dt01￿ca1ewry. WhrecoBt6 camrl altribJl•Jto p￿Cul adiw$ t￿Y h*v• *¢bvillvs M I b•si5 tyAth th• us• of r•sour¢•i. Gi•nti t4f4r0d ￿L￿1 to bow mot ai Iho yw eryJdAle We as 4 ¢Nnmtheni r*X ￿¢r￿￿ aB •xp•ndlLn. li* ww•rty are rwnwd thffjf bg•n lulty p4VOVgd, It Ilkoty thut the 8theme8 tAIII w ahead an¢1 the t*• ol th• CJrtu 81$ oro •rfvtAI ty thè CAD*lt trArt Ilw Arè tr•&tsd a• by k1&11>￿ Connexknn ¢h ihelr wtal remunerath)n beY¥J chargod io the c￿￿￿t thy Ihey are whhln tt. The MMPS I* Iherelor• Irealgd ¥ adefinedcmtrbuI￿ arbj Iht cortr*thons rwni$8d asthèy ar• pakl each perlod, Th• CA￿Utt ¢)pwat•8 i d•Nn•d lor ottk•r employe8s. Contrlf*Jdon$ payatskn to th w• eharpéd to th• An8￿￿1 th• rthlodto reLqi•. tm and w*h no stat•d InlergBi ratg arKI or payabkn wlhkn ￿ y••r recorde*J at lrnn$eth yke. Any l)sgeJ IrrpalrrThyrt arn In *xF¢￿1tturt. ) ILbJgem8nts l¥part trom thos• kNolvhJ ￿¥* b••n m¥J• h th• proc888 01 th• at4 accwnttng The fina￿al G¢atements have te￿ wpared ￿ a wlno ba* as Ihe t￿￿e09 boleve that no mabrf eèrtaknt￿$ ex5st. Thè trusieè$ have consK1ewd Ihe knl ol hekl and the ex￿1￿ level ol Irwrno •yp•ThJitur• frjr 12 nKJnths fmm athi%rrfJ th•u fin￿￿1 Sta￿lents. ￿ bith*e*d Income a￿1 expgthrg SLthKignl %*ith the of reserves the charity to be C¢•Kin￿ as a ct)ne8m. NORTH BEDFORDSfrIRE MEIHODIST CIRcuir 31WS 31.08.24 me frorn pho*JcopJing Rental income from man$8 notr8qUiTed in the 8hortknmi 52.126 52.016 52,128 52,016 V￿M￿{rI￿￿O￿E a1th25 31.08.24 Dl4d•nd Incom• Deposltaccount Inlar881 901 28.492 33fy54 34¥2 29.393 31AI625 31.0824 Salt ol¢hur¢ho8 Galn on sal• ol manses Funds dosed churche8 Glts and donation8 293A39 214 293A39 214 31 M25 31.0824 CITcui18har• olknrn Work ol tho Clrvjll 335J62 336880 Olhgv tr•dlng •¢ll¥Sth• 31￿824 Costs assocaated ¥￿th lerfng OUttr￿ m•nJ88 10270 (kntfvndlrwj ol a¢¥bitse$ (S￿ noto 71 Support costs Is•9 nolè 81 Dlr¢ Costs Total Work ol thè CINII 465y3 472,743 (S)*man¢8 costs Work olthe Gir￿11 31J)825 31.08.24 Fg0s pa￿ble to the rhrlvs audlbrs forth? audblolthg ¢hadVs Ilnandal siatèrnents 6.600 PTeBbWers and Deacons Iministernl are automathcallyfflembers ollhe drrJJlt rneeting and are therefore Iru$tè•B. JI ministers r¢¢&w romun•ralron bywayola Stsnd4rd stip•rnl whid) 18 approbtd •1 Th¢ ￿•thod18t Confor•n¢g on an annual ba818. Suportnknndont al80 rec•lw an albwanee 0175% ol Iho standard slpond$. TruBt••8' expDnwq Pr•Sb￿•￿S and th• Clreult ￿trol￿ 0•4￿0Pm•nI En*bl•r arn rnlmburs•d lor Ih•lrtrawl and subslst•nc8 wthilsl ¢8￿n9 Out their duties. Thls InclwJo8 to and trom rn•oOng In thoircapacityas Irustefrs. DurlThJ Iho th& Clrcutt pald •>pon80s to ￿ tru$f•o8 (2024: non*) In addllon to lh& abow. Ii. STAFFCOSTS 31N25 31.08.24 Wage$ and $alarf&$ Socaal securtty costs Oth•r p•nsion costs 215.702 22,794 3U33 201.461 18.677 41,044 2719 261,182 The use ol the word slall shwld be tsken kn indude both PleSbfv￿ and Deacons who are legallynoi emplo￿&S but office holders. Vlhilstthdr r•lationshlp Is knchnicaltywith and the Conne>lon. thelr slJpends arg luntjèd trom thtr Cirwit fvJnd8. Slpènd for Conne￿n￿l Ygar2024-2S was £31.020 peramum. suporfnt8ndgnl mlnl$t•rs r8c814ed a 10% allowance and deputy $uperfntendent ministèrs rec*fftd a 5% allowanco. Th8 a4prag• monthly numb8rolemploJees during the jpar was •$ frJlows: 31 M25 31.0824 Mnislers pdm1nistra￿* SL4W No •rnplwe$ rocgiwd •rnolumwts in 8￿$S of£60.000. 12. QJMPWIATIV￿ Ffffi TrESTArniwf OFFP141KI•LAcnvrTB 3IJ)82024 Totsl fwKI Unrestrcknd nds A¥strieknd Endowmgnt tJnd8 nds CKffF (*orhabl• •¢tl¥lll•s Workol Iho Clrcult 338280 336,380 othor tradlng a￿￿￿￿8 knwsbn8ni Ineomo Oth•r In￿m$ 52.016 13093 214 52.016 29393 214 15.500 402503 15,500 418.003 Exp8axfiJiEC*4 Rolsing lund$ Chrlt•bl• •clhth• Work olth• Clrujil 10J70 10.370 364,001 111A12 140 4753S3 Tot•1 374.371 111.412 485,923 N¢loaln$lllo8$•$1 on in*sknonts 18.662 1,067 20,882 46,794 562.374 194,7591 1562,3741 11401 1,067 147.0381 Tr•n•hr• ￿tw••n fwNI m¢)v•m•rt knlund• 609,188 1657,1331 11401 1,067 147.0381 Tolal lunds brought lo￿arlI 3M15286 753598 1.092 13.797 4.683.753 96.465 952 14064 4.636,715 NORTh 8EDFORDSTrIRE METHODisr c￿l￿r 13. T*M¥BLE RXU)A88Efs Fwohold and opety fftbrMJs Tot•ls 11 septsm￿r2O24 Di6posals Idditions 2,745.$88 (3092921 1 J51 2,746,939 13092921 Al 31 ￿gust 2025 2.436.296 1251 2.437.647 At 1 Soplomber 2024 Charge the ￿al 1,088 263 263 A31 ￿gUSt2025 1351 1351 NEf BOOKVALUE At31 ￿gUSt 2025 2.436296 2.436296 31 ￿￿gUSt2024 2,745.588 263 2,745,851 Th• Twit••s k¥r Ktsthodi61 pu￿01?$ a¢t*$ Cuitodi4nTrust•w h)Idin9 fv tiJ8 b th• •ight prop8rt108 IVan$•$l in which th• Mniit•r• li*. 14. FIXE•AsSEr￿￿l￿￿s kndud•d In Rxd k$et In*Akn•nts18 an amounto1£14.89112024". È14.8641 reprn8•nting Endowm•nt Funds both ol which ar• inM¥8t•d in the Klxd K*nagod FuThl. NORTH BEDFORDStrIAE MEfHOOL8T CIRciwr JR VALUE 11 Sept8rnb&r2024 R4Mlu&tion Re¢la88ifi¢ation 1,447,183 72A17 1 31 ￿gUSt 2025 1,520AQO 1 31 I￿0￿$t 2025 IA20AOO 31 Affju8t 2024 1847.983 The Tru81ge8 for Valhodist Purptss•s aclAs Cu8tsJdi*n Truit••$ Iw)IdirwJ th• to th• prop•rty. Th• lairwlu• has b••n •slmatsd by Rog•r TnJ4olll Bsc (Honsl, Falrvalue at31 ￿9￿$t 202511 r8pre80nted by. Valuabon in 2021 Valuation In 2022 Valuabon in 2023 valUa￿n in 2024 valual￿Th In 202S Cost 178,000 570,652 29,400 18A83 72,417 651148 A 31 knJus12025 1 ￿20,400 31M25 31.0824 Trade 48b¢orn Clherdebtor5 6,122 14131 4,137 20,801 20a53 24.938 iounls lalling aft•r more than orw> Cth•rd•bknr8 gregato amounts 20?53 24938 IKIATH BEDFORDSTrIRE MErHoD￿ aRcurr 31￿￿5 31.08.24 Tradfj ¢rgditoTs Olhèrcredilors 3A21 95J87 2,139 94,646 98*08 96,785 N•1 m0￿ment In fund• Tran$f•rs b•trxegn funds 01 X1924 31.08.25 General fund Cl￿111 Kkndel Trust Fund ns• répair costs 4501596 96,465 22M38 298216 5216 1596A791 596,479 4203,333 698,160 22,838 4.V2OM99 3(13.432 4,924231 Ib#trlcl•dlw Clr¢ull training fund 952 962 Endowm•nlfun¢J 14.884 27 14391 4ffj36.715 303,459 4,940,174 Net fflowmenlln funds. Irduded In the abo￿ are as foltrjws.. kncoming soure•8 Giins and 1088•8 m•nt in fijnds •4xnd•d Gènèral lund Clreuit ￿de1 Tru8t Fund V4n88 f￿aIr 693.468 21.791 1467ffi711 116*051 72A19 30 298,216 5216 715259 14842761 72A49 303.432 •lrkled fwKI• c1￿￿[ttrainIng fvnd Endowmènt lund 27 27 TOTAL FUNDS 715259 14842761 72A76 303.459 P4e26 compara11￿6 for mowrn8nlln fund6 Transhr6 bofyv8•n nds rntyemèni in lur￿$ 01 n923 31.08.24 L*we•trkledkndB r*n&r41 lun Circuit ￿d81 TNst Fund anse repair cosls 3A92A28 753,598 46.794 (94,7591 562 J74 {562 J741 4,501,596 96,46S 22.838 4,668M4 1479651 4,620,899 Pastrlcl•dftwM Clrculttrw'ning fvnd Endtywm•rt funth Endowrngnt lun¢J 1.092 {1401 9S2 13,797 1067 14,8e4 4,683.753 147,0381 4,636.715 Net mowm•nl In lunds, In￿￿0d in tho 48 foJlow8: mln9 r•801VC•8 R•sour¢•8 •)p•nded Qains •rKI 108888 K*>wm•nt In lunds UnrMtr*t•d hw Ggn•r41 lund ClfcuII th)del Trust Fund nse repalr costs 402503 1SM)O 13692091 1111,4121 15,1821 18062 1,153 51,966 194,7591 15,1621 418,003 1485,7831 19*15 {47.96SI Circuit Iraining lund {1401 11401 End¢wm•nti Etwjowmentfund 1￿67 1,067 TOTAL FUND3 418,003 14853231 20￿82 147,0381 Pg492r IKMmi 8EDFORDSTrIRE METIIODW CIRciwr I& MOVEUgif IN Kmks. A￿rrents•&r 12 months and p￿r￿ar 12 month$ ￿Mbin•￿ posiion is as fy)Ik>ws" N•1 rnowment In hjnds Tran$lo be￿08n lund6 01.09.23 31.0825 0on•ral lund Clrcuit Trusl Fund IIAns& ffjpASr o)sls 3A92.428 7S3,598 345.010 la9￿43) 134.1 OSI 34.105 4.203.333 698,160 22,838 4,668 25S.467 4.924,331 Clrcuittralning knnd 1.092 {1401 952 En¢Jowm•ni fvnd 13.797 1,094 14A91 TOTPL 4.883.7S3 ￿￿,421 4,940,174 A￿tt•nI >wr 12 mtyithi and prior 12 month8 COM￿ne￿ n&t mthpment in lurtll. indud•d In th• gboK•.ar• 88 lollow8'. R•sovrc•8 •)Pond•d Gains )￿men¢ in funds iesouT¢è8 LthY••lrkl•dlwd• Gtsnernl fund Clrcuit Tru8t Fund an88 r•palr c*8ts 1.09S971 37291 {838.8801 {128,0171 15,1621 91.081 1.183 3SO.172 189,5431 15,1621 1,133262 {970,0591 92264 255,467 Clreuittraining fvnd 11401 11401 EndNmentl Endovm)•nt ￿n￿ 1n94 1,094 TofAL FUNDS 1,133262 1970,1991 93J58 256,421 Oetatls on agreed ewenditure from the Circuil Kbdel Twsi Fund ean b• lound Mthln Ihg Cth•r Flnancial Commibn•nts not• to Ihèsè finanoal stat•m•nts. 1•. Trnn•f•r* b•tw••nlw#*• Imounts ￿ra tr4nsl•w8d batrw8•n tho general and th• CMfFon sale olthe manse which wa$ finAn¢è ortpinalyfvom Ihè CKffF. Th• amounthnsferred during the sear ￿Present tho$• fvnds •) be hold in th• CKffF. P￿FrrH BEDFORDSMRE METh¢xxsfciRcuir Tr•Maellons b•lwMnth• m•mb•r clxffch•J The Circuitrgcei¥ed off•r$ of£335a62 W24:£&%2801 Imm th• thur¢h•$ within fv ¢*culL Th•yr•eei*d no mon•yl2024: £2.51)01 ￿ I￿n rgpaymonts trom thurthos. They1•￿4*d no rnonoyln this ￿81 nor la8tin rash lunds on the closwo ol a thur¢h ￿thITr tho Cir¢utL TraThMctloM b•iw••n fv (*citt•nd fv O•th, &••x •nd tX•trkt { The ClrcultP8ld BEH £16.12712024.. £16,598) in dislnel assessmenL Theyalso paid thorn £7.34112024'. £472831 bywayol18Iies on tha not8￿• ol prop•ib•s a￿1 Of I￿ ￿lanl> on moni•s hokl in tr* Clrwlt Trust Fund al tho start ollho financ1￿ s•ar. TrIM•ctlon• b•hY••nth• CIrc￿l •Thl Conn•xlon The Cirujil paid Conneiional £71.83312024.. £67,922) in ass•s$m•ni whi¢h 5$ o)Il•¢i•(I byBEH. 30th CLtober a paymonl 01£35kto tho NEED Pro￿(* trorn th• &*an ￿lIam￿n ThKP fvnd. Pago2 31m25 31.08.24 N•t Inct)rn• lor Ih• rnptylkng p•rlod lo• p•r11* Slal•rn•rtof F•*￿1 Actl¥lte$) 303A59 147,0381 G#ln on in￿stmen1# Profit on disposhl olfi￿d us•l8 Int•TeSt recoi¥¥d Closed church In￿$b￿9n1Wrth TIKP Ih¢rga88lAI•cxoas• in dèbtors h¢rtrA$trIld•¢r¢￿11 in ry•diknrrs 2h76} 3h391 {33A541 16,1231 4A84 2289 1201821 128.4921 16,7911 11,3341 132181 N•t ¢••h ￿•d kn op•r•Uon• 1952601 1107,7SS1 A01￿924 C￿h fiow At 31￿815 N•t ￿thh Cash al bank 343.912 $41 ￿24 804436 343.912 541 lJ24 8e4g38 D&bts lalllng dua wlthin 1 par 343,912 S41,024 884￿36 During th• J•ar th• C{￿ultr¥¢II￿d lunds trom 1112024: 111 dwrth86 ￿thIn cl￿11*Mo￿ntin0 to £10272 12024'.£7,9531 which w•r• fvllypald 0￿r *) other Conne>Jonal lunds, after Ih• finantsal •nd. Iho ￿•T ond there wa¢ ￿ rnoneyowiTrJ to th• dwrthè$12024: £7,953) whith was Indud•d In Ihe other ¢r•dit>rs. IIORTH BEDFORDSTrIRE METHODIST CKLvr DEfAILED STATEMENf OF FINANCAAL ACTivmES FOR ThE YEAR ENDED 31 ALIGUST 2tr25 31A1825 31.0824 Olh•1lr•dlng a¢lMtb•• Income from photocopylng Rental from rnanse not requlred In Ihè 6hort TMM S2.126 52.016 52.126 52.016 N••im•nt Incom• DI￿don￿ Incom• Deposlt attountlntsrnst 678 33￿54 901 28.492 J32 29.393 Clrcullshar• offers 335 336.380 Olh•r In¢¢Yn• Galns on $al• ol tanglbl• llxod •$$ets Fund8 on closure olthuK*o8 Donats'ons Sundrylncom• 293A39 214 293A39 214 Total In¢ornknJ r••ow¢•• 7168 418,003 P49 31 NORTH BEDFORDSHIRE MEfHOLiisf ClRuJrr DEfAILED 8TATEMENf OF HNANCIAL ACTivmES FOR ThE YEAR ENDED 31 AUGUST 2 31A>825 31.08.24 Olhertr•dng •clMtle• Costs asswiat9d with tetbng outth• mans• 11￿33 10?70 C*•riithbl• a¢ttvltlo• Wages Social P•n81ons Rates and waknr Insufanc8 Light And h•al Telephono Sundrias District ksèssm8nl VethodlBtChurth Fund anse r•pairs Tra￿1 Clrcultadministr•Uon l]Uinquen￿al costs Local proacher and suymum•ryle•$ nistèrfal admlnl$trati(In eosts Stalonlng- Inc ram0￿1 costs Tralnlng nanc• charges 215.71)2 22.794 201.461 18,677 41.OM 17.850 7.861 18.116 7,106 278 3,768 11238 16,127 71,633 4355 18598 67,922 14019 8,979 8365 4250 701 3.637 413 1297 2,627 47288 7¥1 Liconc4s and Subscriplons Legal & prol•ssional Grants to Instjlons Grants to indiwduals Grants to church•8 1200 465 468,953 8upw1 eo8ts (kn*rn•ne• eolts ditors, r•muneralon 8,600 78OQ 6,600 Total M80ure86 6w•nd6d 4a4376 485.923 N•t kn¢tynellexperMlilwe) belor• gnkn• and IBg••4 167.9201 Re•ls•d r•cognls•d plng and Ra￿180d oalnsloossesl on assei imesDnènts 72A76 20,882 Net kneorn• 303A59 147.0381 Th8 p•Jo d￿S not fean psrt of th• finwal statements P•]932