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Methodlst Circuit
Leeds South & West
Methodist Circuit
Trustees Annual Report &
Accounts
2023/24

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Leeds South & West Circuit
TRUSTEES, ANNUAL REPORT FOR THEYEAR ENDED31stAug2024
Introduction
The circuit exists to support churches in their current worship. mission, and service through the
centralised provision of ordained st8ff l& their accommod8tionl and lay employees. Presbyters are
given pastoral oversight of specific ¢hurches whilst other roles function as points ot referen¢& for their
areas of expertise. We coordinate the provision of Sunday worship and offer strategie ideas and plans
for shaping the church for the future.
Aims and organisation
The circuit is part ot the Methodist Church. We exist to in¢Tease the awareness of God's presence. to
celebrate God's love, to help people learn and develop as Christians, act as a good neighbour and
challenge injustice. Our strategic objectives Iworship, service. learning & caring and evangelism) are
detailed in the'our Calling, document available from
Review ofthe year
2023124 was a year of planning. Churches continued to deliver more work in their communities than
their size and demographics might suggest and shared patterns of working across the circuit have
helped sustain some of these services.
Churches still offer significant opportunities to explore faith and attend worship as well as acting as
central hubs for foodbank collection andlor distribution, providing resources for two Charity shops.
offerlrng wami spaces and being places tor community use. Some have begun collaborating with Leeds
Cilizen in actively Campaigning to improve their local neighbourhoods. Church setviees, bible study.
toddler groups, children's work, youth organisations. knit and natter ¢ommunities, Live 2t Home
schemes. baptisms, weddings, funerals. pastoral care, coffee mornings and community Itjnches are
further examples of our work which benefits our communities. Worship continued face to face. online
and by post. The circuit engages with people regularly through its website, Facebook, YouTube and
Zoom accounts in creative ways to reach a$ Many as possible.
Due to the central provision ol some resources, the team can support churches in accessing skills not
av2iLBble lo¢ally, benefitting from economies of s¢ale and enabling participation in events which they
could not provide themselves. Examples include shared staffing. IT, finance, admin. and training.
Ordained staff continued to spend considerable time with the wider community through the provision
of pastoral care. as well as delivering funeral and bereavement support. Demand for weddings and
baptisms also grew.
Our children's and families, developmentworker retired. and we did not replace this role as we wanted
to continue the widescale review of our work first. However. this did lead to a re-organisation of work
across the area and ceasing of some children's provision. The admin team continues to work flexibly.
offering acfvice and help regarding finance, governance. and administrative matters. Demand for their
time only continues to grow and 8 new partnership model of working together with churches was
piloted.
Work contlnued reviewing our policies forbetter sharing and targeting of our resources across the area.
considering our future needs and sustainable ways of being church. Churches will be asked to revlew

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thoir own situations duringthe coming year in light of the work already undertaken. The Hunslet society
ceased to meet but the communitywork continues in their building at this point. The transferof propety
to circuit trusteeship will be from 1 st Sept 24. Morale in the team remains high Bnd we are grateful for
the teamwork of ordained people, lay staff and volunteers, which enables both the care ot our people
and the continuance of operations.
Finance Summary
Incometrends
Circuit in¢ome is primarily drawn from the assessment paid by the circuit churches £367.6231780h of
general cash income). £76,286116%1 was a one-off refund of donations made to the Methodist Pension
Resetve Fund which has now been de-risked and restructured. Conference agreed to refund the earlier
appeal for funds. As we had previously refunded churches. these funds will restore circuit balances
held. The remaining gener81 income is received from donation, occasional church payments and
investments16¥01. Some balances were received from closed churches which has been designated
separately to support these closed buildings as their futures are determined.
Expanditure trends
Stipend pay levels in¢rea$e each financial year in line with Conference approved amounts. The ¢ircuit
81s0 appli8$ the living woge percentage increase to its lay employees in line with District
recommendations. 55% of general cash expenses were used to pay our people and associated co$t$
1£255,1141. 19% represented the circuit's contributions to the dlstrict and connexional budgets
1£89,2681. This is used to fund the work of the wider methodist church. Other admin and governance
requirernents totalled É32,58417%1. £45,982110%1 includes the upkeep of our minister residences and
associated running costs and expenses. Grants, and payments to support churches and mission
totalled £42,99019%1.
£43.739 of designated funds were spent on dealing with closing properties, particularly utilities,
insurance and legal needs. When a building is sold, the Methodist Connexion takes a levy after the first
£20,000120% on the remainderof thelirst £1 Ookand 40% on the rest unless funds arefora replacement
projectl- We sold a manse during this year and ihe levy was £112,926, plus legal costs of £7,685.
Fund balances
At the year end. the net current assets of the circuit totalled £563,81 O. This has rebounded due to the
pension reserve refund and house sale. The Trustees note that this is more than sufficient to cover the
general expenditure of the charity for around 1.2 years.
Plans for 24125
Plans for a wholtssale review Df how our resources. people. and finance, are targeted towards more
sustainable models are progressing, alongwith our mission plans. Local churches will also be reviewing
their direction of travel and asked to assess how they best serve the needs of their people. Churches
will continue to work more closely together. and the closure of 2 societies is already known and sale of
buildings are likely to feature as we reshape to meet the eurrent needs of our ¢omrnunities. Such
reshaping is likelyto bringchallenges to our income stream but the capitalfrom buildingsaleswi118SSlSt
in such transitions. However. this will affect both our staffing needs and attordability. Our Children and
Families worker retired in August 2023 and I￿1( noi be replaced at this time. Climate change needs and
rising energy costs are also continuingto be concerns and workto change to more sustain8ble systems
are being explored and implemented.
A reseNes policy is attached to this document which includes a fund for churches in crisis and
suff icient savings to deal with any income shortfall next year

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Governance
Basis of preparation and legal framework
The annual report 8nd accounts have been prepared in accordance with the accounting policies set out
in note I to the accounts and comply with the Charities Act 2011 and "A¢Gounting and Reporting by
Charities.. Ststement of Recommended Praciice applicable to ¢harities preparing their accounts in
Bccordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
1021 (effective 1 January 20191.
Full Nam8 ¢fCharity:
Leeds South & West Methodlst Clrcuit
R*glstration Charity Number:
1129529
Date of regl$tratlon:
2009
Charity in present form from 2015116
Ilt became the continuing entity of the Charity no of Leeds Headingley and West registered in 20091
Main communication addr•$s:
Circuit Office, Wesley Road Chapel. Wesley Road, Leeds LS12 1 UL
The members of the Leeds South & West Methodist Circuit meeting are the Charity Trustees,
membership being made up of circuit office holders. ministers and representatives appointed by the
local churches.
A Truste& List is attached as Appendix A to this roport.
Circuit Ministers and officers
A¢iive Circuit Ministers
Rev Jo Lightowler Isuperintendentl,
Rev Pete Brazier, Rev Keith Hunt Inon-stipendiaryl, Rev Mo Onyott. Rev Rach Ward. Deacon
Guy Austin-Bride
Circuit Stewards (Lay Volunteer51
Miss Anne Jackson (Seniorl, Mrs Kirsty Butler, Mr Peter Cordwell, Prof Edmund Linfi81d,
Mr Phil Maud, Dr Rob Moore. Mrs Elizabeth Smith, Mr Stuart Westerman. Miss Audreywilks,
Administrators
Mrs Erica Hartley & Miss Helen Boocock
Mis$ H C Boocock acted as the principal officer overseeingthe day-to4ay financial management and
accountingfor the circuit duringthe y8ar.
Audltors:
A2ets Audit SeNices
Carlton House, Grammar School St, Bradford BD14NS
Investment Bankers..
Ceritral Finance Board of the Methodist Church
Trustees lor Methodist Church Purposes

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Aims and Organisation
The Charity's objective is to act as o resource provlder within the area around South & West Leeds for
the Methodist Church..
The purposes of the Methodist Church ale and sh811 be deemed to have been since the D8te of Union
the advancement of=
al The Christian faith in accordance with the doctrinal standards and discipline of The Methodist
Church,.
bl Any charitable purpose for the time being of any Connexional. District. Circuit. local or other
organisation of The Methodist Church.,
cl Any charitable purpose for the time being of any society or institution subsidiary or ancillary to The
Methodist Church-
dl Any purpose for th$ tim& being ot any charity being a charity subsidiary or ancillaryto The Methodist
Church
Worshipping God through prayer. song and other acts ol worship including the organisation
and resourcing of regular public acts of worship open to members of the church and non-
members alike
The teaching of Christianitythrough sermons. courses. and small groups.
The resourcing of pastoral work includingvisiting the sick and bereaved.
Taking religious assemblies in local schools.
Promotion of Christianity through the staging of events and services.
Working with local groups to improve and benefit the communities in which we Iwe
Provision of chaplaincy services to the 10¢o1 university and other institutions.
Public Benefit
The Leeds South & West Circuit meets the definition of a public benefit entity under FRS 102. Assets
and liabilities are initially recognised at historieal cost or transaction value unless otherwise stated in
the relevanl accountlng policy note.
Structure, Governance and Management
The governing document for the circuit is the Deed of Union119321 and Methodist Church Act119761.
Detailed governan¢e arrangements are outlined within the Constitutional Practice and Discipline of the
Methodist Church by order of the annual conference ICPDI. All Governance Documents can be found
online at the Methodist Church of Great Britain Website
Dayto day managementof the circuit is undertaken bythe Circuit LeadershipTeam along wlth the Local
Preachers. Neeting, the Circuit Governance Committee. and the Circuit Meeting.
Trustee Training
A range of guidan¢8 produced by Methodist Connexion to support the effectiv8 running of the circuit,
specifi¢ally the leallet 'The Role of a Trustee in The Methodist Church. is made available Io 811 new
Circuit meeting members 45 induction to their role as trustees as well as th8 Current charity
Commission publication.
Related Parties
The Circuit is part of the Yorkshire West District and is also accountable to the Methodist Conference.
The following Methodist Churches are linked to the circuit.

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Churche5 Wlthin L?od$ South &West Circuit
Adel Methodist Church
Beeston Hill UFC ILEPI
Central Methodist Church
Cookridge Methodist Church
The Church in Farsley ILEPI
The Grove Methodist Church
Headingley Methodlst Church
Highfield Methodlst Church
Hunslet Methodlst Church
Hyde Park Methodist Church
Newwhingate Methodistchurch
The Church In Rodley ILEPI
St Andrew's Methodist Church, Bee$ton
St Andrew's Methodist Church, Pudsey
St John's Methodist Church
St Mark's Methodist Church
Trlnity Bramley Methodist Church

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Risk Management
The major risks have been identified and recorded. Theie 18 a regular annu81 review process yndertaken.
Income and Expenditure is being monitored and is compar8d with the approved annual budget on a half
yearly basis to detect trends as part ofthe risk management process to avoid unforeseen caiis on reserves.
There is also a crisis contingency amount included within the reserves policy.
Safeguarding
Every person has a value and dignity which comes directly from the creation of male and female in God's
own imagg and likeness. Christians see this potential as fulfilled by God's re-creation of us in Christ. Among
other things this implies a duty to Value all people as bearingthe image of God and therefore to protectthem
from harm.
Methodist Connexional pra¢ti¢e outlines commitment to the following principles:
the care and nurture of, and respectful pastoral ministry with, all children. young people, and adults
the safeguarding and protection of 811 ¢hildren, young people and adults when they are vulnerable.
the e$t8blishing of safe, caring communities which provide a loving environment where there is
informed vigilance as to thts dangers of abuse.
We will carefully select and train all those with any responsibilitywithln the Church, in line wth Safei
Recruitment principles, includingthe use of Criminal records disclosures and registration with the
relevantvetting and barring schemes.
We will respond without delayto every complaint made which suggests that an adult. child or young
person may have been harmed, cooperatingwith the police and local authority in any investigation.
We will seek to work with anyon& who has suffered abuse, developing with them an appropriate
ministry of informed pastoral care.
We will seek to challeng8 any abuse of power. especi811y by anyone in a position of trust.
We will seek to offer pastoral c81e and support, including supervision and referral to the proper
authorities, to any member of our church community known to have offended against a child, young
person orvulnerable adLJIt.
In all these principles we will follow legislaiion, guidance and recognised good practice.
The Leeds South &West Circuit Commits itself to ensuring the implementation of Connexional Safeguarding
Policy, government legislation. guidance. and safe practice in the circuit and in the churches.
The Leeds South & West Circuit Commits itself to the provision of support, advice and training for lay and
ordained people that will ensure people are clear and confident about their roles and responsibilities in
safeguarding and promoting the welfare of children and adults who may be vulnerable.
R¢$¢rv¢s Policy
The Reserves Policy forthe Circuit is attached Bt the end ofthls document. We confirm that it is sufficient to
meet any unforeseen item of major expenditure on manses and l orto be able to contlnu&. in the short term.
funding planned activitieg in the event of any inability to raise the full Circuit Assessrnent from churches.
Polieres
The following addition81 policies have been formally adopted by the trustees and continue to be reviewed
Disciplinary & Dismissal Procedure
Safeguarding Policy
Health & safety
Lone Workers
Social Media
Lay Staff Training and Pay policy
Equality Diversity Inclusion
Grievance Procedure
Redancy
Photography and recording
Working at Heights
Anti bribery & Whistleblowtng
Conflicts Of Interest
Flexible & Hybrid Working
Finance Framework
Survivors of abuse
Antibullying

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Leeds South & West Methodist Circuit
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF LEEDS SOUTH & WEST METHODIST CIRCUIT
Opinion
We hav& audited the financial statements of Le￿S South & Wesl Methodist CircuS1 Ilhe 'Charily'} for the year ended
31 August 2024 which comprise the statement of financial aclivilies, the balance sheet, and notes lo the financial
slatemenls. including significant accounting policies. The financial reporting framèwork that has been applied in their
preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102
The Financial Reporting Slandard applicable in the UK and Republic of Ireland (United Kingdom GenerallyAccepted
Accounting Praclicel-
In our opinion. the finan¢i81 statements..
give a true and fair view of the state of the charity's affairs as at 31 August 2024 and of ils incoming resources
and application of resources, for the year then ended-,
have been properly prepared in accordance with United Kingdom Generally Accepted A¢¢ounting Practice. and
have been prepared in accordance with the requirements ofthe Charitie5 Act 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law.
Our ￿sponSibl11t1es under those standards are further described in the Auditors responsibilities for th8 audit of the
finanual statements section of our report. We are independent of the Charity in accordance with the ethical
requirements that are relevanl lo our audit of the financial statements in the UK, includlng the FRC'S Ethical Standard,
and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the
audit emdence we have obtained is sufficignt and appropriate lo provide a basis for our opinion.
Conclusions relating to golng concern
In auditing the financial slatemenls, we have concluded that the Trustees use of the going concem basis of accounting
in the preparation of the financial statements is appropriate.
Based on the work we have perform￿, we have not identified any material uncertainties relating lo events or
conditions that. individually or collectively, may cast significant doubt on the Charity's ability to ¢ontinue as a going
concem for a period of al least twelve months from when the financial statements are aulhorised for issue.
Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant
sections of this report.
other information
The other information comprises the information included in the annual report other than the financial siat8ments and
our audito¢s report thereon. The Trustees are responsible for the other information contained within the annual report.
Our opinion on the financial statements does not cover the other information and we do not express any form of
assurance condusion theTfyon. Our responsibility is lo read the other information and. In (Joing so. consider whether
the other information is materially inconsistent with the financial statements or our knowledge obtained in the course
of the audit, or otherwise appears lo be materially misstated. If we identify such material inconsistencies or apparent
material misslal&ments, we are Tequired lo delemiine whelherlhis gives rise lo a material misslalemenl in the financial
statements themselves. If, based on the work we have performed, we conclude that there Is a material misstaternent
of this other information, we are required lo report that fact.
We have nothing lo report in this regard.
Matters on which we are r#quir•d to report by exception
We have nothing lo report in respect of the following matters in relation lo which the Charfties (Accounts and Reports)
Regulations 2008 requiTe us to report to you if, in our opinion..
the infomalion given in the financial statements is inconsislenl In any material rèspect with the Trustees report.,
or
sufficient accounting records have not been kept; or
the financial slalemenls are not in agreement with the accounting ￿COrds., or
we have not received all the information and explanations we require for our audit.

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Leeds South & West Methodist Circuit
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF LEEDS SOUTH & WEST CIRCUIT
Responslbilltles Of Trustees
As explained more fully in the statement of Trustees responsibilities, the Trustees are responsSble for the preparation
of the financial statements and for being satisfied that they give a true and fair view. and for such intemal ctsntrol as
the Trustees determine is necessary lo enable the preparation of financial slalements that are free from material
misslatemenl. whether due to fraud or 8rror. In preparing the financial stalemenls. the Trustees are responsible for
assessing the Charity's abi5ily lo continue as a going concern. disdosing, as applicable, matters related lo going
concern and using the going concern basis of accounting unless the Trustees either intend to cease operations. or
have no realIs￿C alternatwe but lo do so.
Auditorfs responsibilltles for tha audlt of the financlal statements
We have been appointed as auditor under section 144 01 the ChariliesAcl 2011 and report in accordance with the Act
and relevant regulations made or having effect thereunder.
Our objectlV8s are to obtain reasonable assuran￿ about whether the financial statements as a whole are fre& from
material misstatement, whether due to fraud or error, and to issue an audilorfs report that includes our opinion.
Reasonable assurance is a high level of assurance bul is not a guarantee that an audit conducted in accordance with
ISA5 IUKI will always detect a material misslalemenl when il exists. Misstatements Can arise from fraud or error and
are considered material if, individually or in the aggregate, they could reasonably be expected lo influence the
econtsmlc decisions of users taken on the basis of these financial slalements.
A further descrtplion of our responsibilities is available on the Financlal Reportlng Council's website al= ahtt Lll
www.frc.or
.uklauditors responsibilities. This description forms part of our audltor's report.
Extent to whl¢h the audit was considered capable of detecting irregularities, including fraud
Irregularities. including fraud, are Instsnces of non-compliance with laws and ￿gUlations. We design procedures in
line with our responsibilities, oulllned above and on the Financial Reporting Council's website, to detect material
misslalements in respect of irregularities, inciuding fraud.
We obtain and update our understanding of the entity. its activities, its control environment. and likely future
developmenÈ, including in relation to the legal and regulatory framework applicable and how the entity is complying
with that framework. Based on this understanding, we identify and assess the risks of material misstatement of the
financial slatemenls, whether due to fraud or error, design and perform audit procedures responsivg to those risk5,
and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. This includes
consideration of the risk of acts by the entity that were contrary to appllcable laws and regulations. induding fraud.
In response to the risk of irregularities and non-compliance with laws and regulations, induding fraud, we designed
procedures which included-.
Enquiry of management and those charged with govemance around actual and F)Otential litigation and claims
as well as actual, suspected and alleged fraud.,
Reviewing minutes of meetings of those charged with governan¢e-
Assessing the exlenl of compliance with the laws and regulations considered to have a direct material effect
on the financial slalemenls or the operations of the enlily through enquiry and inspection..
Reviewing financial statement disclosures and lesling lo supporttng documentation to assess compllance
with applicable laws and regulations.,
PerforTning audit work over the risk of management bias an(J overrlde of controls, including lesling of journal
entsies and other adjustments for appropriateness. evaluating the business rationale of significant
transactions tsulside the normal course of busine55 and reviewing accounting ¢stimales for indicators of
potential bias.
Because of the inherent limitations of an audit. there is a risk that we will not detgct all irregularities, including those
Igading to a material misslalemenl in the financial statements or nork-compliance with regulation. This risk increases
the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial
statements. as we will be less likely to become aware of instances of non-com￿lanCe. The risk of not delecling a
material misstatement resulting from fraud is highor than for one Tesulling from error, as fraud may involve ¢ollusion,
forgery, intentional omissions. misreprosentations, or thè override of internal conlrd.

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Leeds South & West Methodist Circuit
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF LEEDS SOUTH & WEST CIRCUIT
Use of our rèport
This report is made solely to the charity's Trustees, as a body. in accordance with Part 4 of the Charities (Accounts
and Reports) Regulations 2008. Our audit work has been Ljndertaken so that we might slate lo the charity's Trustee5
those matters we are requiT&d lo stale lo them in an audilorfs report and for no other purpose. To the fullest extent
permilled by law, we do not accept or assume responsibility lo anyone otherthan the charity and the charity's Trustees
as a body, for our audit work, fot this report, or for the opinions we have formed.
Slgnèd ty.
9FD5S838F$88476
Colin Whitehead
Senior Statutory Audltor
For and behalf of Azat$ Audlt Services Ltd
24 January 2025 1 15:20 GMT
Date..
Carlton House
Chartered Accountants
Statutory Auditor
Grammar School Street
Bradford
BD14NS
A2ets ALJdit Servi¢es is eligible for appointment as auditor of the Charity by virtue of its eligibility for appointment as
auditor of a company under section 1212 of the Companies A¢t 2006.

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S￿* We¢
2023124
Methodlst Circuit
Leeds South & West
Methodist Circuit
Accounts
Forthe year ended 31st Aug2024
(Accruals Basis)
Charity Number1129529
District: Yorkshire West 27
c1￿ul1. Leeds South &West 01
Minister5
Rev Jo Lightowler Isuperintendentl
Rev P Brazier. Rev K Hunt Inon-stipendi8ry1. Rev M Onyett. Rev R Ward, Deacon G Austin-Bride
Lay Employees
Mrs A E Hartley. Miss H C Boocock
Stewards
Miss V A Jackson (Senior). Mrs K Butler. Mr P Cordwell, Prof E Linfield.
Mr P Maud, Dr R Moore, Mrs E Smith. MrSWest8rman. Miss A Wilks
Treasurer
Miss H C Boocock
13

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Leeds South & West Methodist Circuit
Statement of Financial Activities to 31 st Aug 2024
No.
23124
22123
Income
Donation5 & Legacies
Charlt4bloA¢tlvltles
Assegsmentstrom Churches
Other Ch8ritabig Actwities
Oth•rTradlng A¢tivities
Income from Lettings
Investm•nt8
175
175
367.623
80,446
367,623
85,360
392,314
1.162.891
4.914
21502
22.502
26.004
501.664
23,228
471,472
2.676
2.678
100
100
17.989
1.563.517
Total Income
27,416
cnd iture
Siipends, Sais. NIC. Pensions
Distri¢tA$$¢$$ment
Merhod13t Church Fund
Telèphone & Travel
Insurance & Utilty costs
12
Mainten8nc• on Man5ey
13
Churches und?r ¢ircuittrusteeship 14
Piovisionfor bad & doubrful debis 15
Other Outgoings
16
Grants and Donations
17
Dlstrlci Advance Fund
18
Total Char5table expenditurg
25S,114
16.924
72.344
6.356
27,176
12.450
11.1.1
255.114
16,924
72,344
6.356
27.176
12.450
43.739
23.653
169,19S
42.990
2.579
672.520
286.076
14,255
72.309
4.781
28.281
24.124
35.655
10
43,739
23,6S3
48,295
42,990
120.901
36.343
76.000
2,919
560.744
2,579
123.480
S05,301
43,739
Ngt Incom￿EN¥ b•tor• gainlloss
33.829
-120.804
16,323
11)0
170.857
1.002.772
Transfers betsveen Funds
19
228,976
195,147
3SO.O
350.OIXI
121.613
810
16,323
170.857
1.002.772
GainlLogson sale ol fixed assets
G8inlLosson irwèstmentassets
Net movom¢nt In Funds
Balances brou£hl lorwdrd
TOTAL Funds carried forward
20
20
11)0.01)o
100.000
21.022
49.834
3,776,738
3,726,903
13,382
208,529
320,040
528,569
7.640
8A50
101,587
110,036
7,837
994.935
2.781.802
3,776,738
25Q.000
3,240,606
2 990.606
16.323
112.005
95,682
2,$00
2,010
Monies received lorothers
Monie$ pa$$6d on to tsth•rs
29
88,504
88.504
139.425
139.425
14

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15 



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## **Leeds South & West Methodist Circuit** 

Statement of Cash Flows for the Year Ended 31st Aug 2024 

|**ote**<br>**Cash flows from operating activities:**<br>**34**<br>Net cash provided by (used in) operating activities<br>**Cash flows from investing activities:**<br>Dividends and interest income from Investments<br>Proceeds from sale of investments<br>Income from Letngs<br>Sale of fixed assets<br>**Net cash provided by (used in) investing activities**<br>Change in cash and cash equivalents in the year<br>Cash and cash equivalents at the beginning of the year<br>**Cash and cash equivalents at the end of the year**<br>**Cash and cash equivalent include:**<br>Short term investments<br>Cash at bank<br>**26**<br>**Total cash and cash equivalents**|-<br>**23/24**<br>**22/23**<br>**160,249**<br>**138,636**|-<br>**23/24**<br>**22/23**<br>**160,249**<br>**138,636**|
|---|---|---|
||**26,004**<br>**17,969**<br>**27,001**<br>**350,000**||
||**403,005**<br>**17,969**<br>**242,757**-<br>**120,667**<br>**438,198**<br>**558,865**||
||**680,955**<br>**438,198**<br>618,399<br>383,188<br>62,556<br>55,010||
||**680,955**|**438,198**|



## **Note** 

16 



Docusign Envelope ID: 6A8ADFDE-A168-4015-AB23-F68DE5437A81 

## **Leeds South & West Methodist Circuit 27/01** 

## **Notes to the Accounts** 

## **1 Basis of accounting and accounting policies** 

## **a) Accounting Standard** 

The accounts have been prepared in accordance with the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (as amended for accounting periods commencing from 1 January 2019). 

## **b} Public Benefit Entity** 

The Leeds South & West Circuit meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s) below. 

## **c} Basis** 

These accounts have been prepared on the basis of historical cost except that investments are shown at their market value at the end of the year. The accruals basis has been used and trustees present accounts that show a true and fair view of the Circuit's financial position and activities. 

## **d} Content** 

The financial information presented is relevant, reliable, comparable, and complete. Where estimates are used these are based on experience, research, and judgment. The accounts are expressed in £Sterling, rounded to the nearest pound. 

## **e} True and fair override** 

The accounts (financial statements) have been prepared in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Accounting Practice. 

The accounts (financial statements) have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair view'. This departure has involved following the relevant version of the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn. 

## **f) Going Concern** 

Based on the monetary assets and human resources available at the end of the year, the trustees believe that the Circuit is a going concern 

## **g) Consolidation** 

The Circuit has denominational regulatory oversight in respect of the work of the churches within the circuit but has no legal or operational control of those churches and their governing bodies except in extreme circumstances. For this reason, the financial statements of churches within the circuit are not consolidated into these financial statements. 

17 



Docusign Envebpe ID.. 6A8ADFDE-A16&4015AB23-F680E5437A81
h} Income Recognition
Income is brought into account when there Is entitlement. and the amount is reliably measurable once it
is more likely than not that the economic benefit of the income will be forthcoming.
Individual amounts categorised as 'Other income. in the SOFA will be shown seporately if they ale
considered material.
The Circuit acts as Agent in three matters
the collection from Churches and payment over of their ¢ontributions to various Funds Controlled
gnd administered by the Methodist church-'Connexional Funds,
the administration18pplication. collection. and disbursementl of grants requested by Churches
within the Circuit from. but not limited to, the District and Connexion.
the administration (payment and reimbursement) of church employee wages.
In all these matters the transactions are not reflected In the SOFA because they are the income of either
the connexion or church as appropriate. Instead. the transactions are disclosed in the Notes to the
Accounts 89 required by SORPIFRS1021, module 19.12.
In accordance with the Charities SORP IFRS1021, the time of volunteers 18 not recognised. If goods are
donated, a value will be shown in the SOFA or Notes where a value is considered material.
il Expendlture
This is recognised when a liability 1$ incurred, or a constructive obligation arises, where the amount is
reliably measurable, and it is considered more likely than not that there will be an outflow of econornic
benefit.
j) Grants & fixed term appointmont¥
Grant8 made by the Circuit from its own funds are iecognlsed in full at the time of agreement to make a
grant or when the Circuit accepts that there is a legal or operational obligation to make the payment if it
subject to performance conditions. When the grant is recurrent over more than one year the b818nce
payable in future years is treated 8$ a provision forfuture commitments in the Balance Sheet against the
appropriate tund, the provision being released in future years in accordance with the originally agreed
terms. In cases where the grant has btren charged to one fund but for ease of payment has been
transferred to anotherfund anyfuture payment provision is applied to the fund from which the grant wll
ultlmately be paid. Salaries agreed for tixed term employees are also treated as such and a provision will
be made.
kl VAT
Since the Circuit is not VAT registered, all input VAT is charg8d with the expenses to which it refers.
l) Tangible fixed assets for use by the Clrcult
These are capitalised if they Can be used for more Ihan one year. and individually cost at le8St £1.000.
The freehold propety andlor long leasehold residential property is shown in the accounts at deemed
historical cost repr8sentingeach property's gross carryingvalue as at 1 September2015. No depreclatlon
is provided on the building because the trustees consider the current residual value ol the property in its
present condition to be not less than its historical cost Ènd, in the absence of any evidence of
impairment, any depreciation provision tor the building component of the propertywould be immateri81.
18

Oocusign Envebpe ID.. £A8ADFDE-A1684015-AB23-F68DE5437A81
From time to time the Circuit may be required to assume responsibility for church premises following
closure and cessation of worship. This results in the Circuit becomingManagingTrusttses ofthe property.
At that tirne. the property is recognised as an asset at its anticipated sale priee as determined by
professional valuation. Any expenditure on su¢h assets if held for reinvestment of the proceeds, as the
trustees determine. that is likely to enhance the sale value is Capitalised at the time the expenditure is
incurr8d. Where the proceeds are intended to be spent on activities, the property is included in current
assets at the lower end of cost and realisable value.
The Circuit has made use of the deemed cost option on transitioning to FRS102. as outlined above.
ml Monetary investments
The Circuit's investments are in monetary assets ctassified as basic financial instruments under FRS102
and are held bythe Trustees for Methodist Church Purposes ITMCPI as Custodian Trustee. The valuation,
at market value, are those provided by TMCP. The unrealised gains arising on investments at the end of
the year are shown in the SOFA.
n) Investmgnt Proporties
From time to time the Circuit may hold residential property (formerly manses) which is surplus to its
noimal staffing requirements. Where this is the case and it is anticipated that the property is unlikely to
be used as a manse within 8 period of 2 years. the property 1$ classed as Investment Property (whether
let out or not) and lets are at market rates unless there is a compelling reason notto do so in furtherance
of the Circuit's charitable objectnies. Any such cases are specified within the accounts.
ol Receivables and Payabl¢$: Bank and Cash {Ba$lc Flnancial Instruments)
Debtors are staled at the amounts owed to the Circuit or prepaid. Creditors are initially recognised at
settlement amount afterany trade discounts. where normBI creditterrn5 apply, orthe amount advanced
to the Circuit. Subsequently creditors that are current liabilities are measured at the cash or other
consideration expected to be paid. The liquid funds of bank balances and deposit fund balanctss are
shown attheir realisable values.
pl Methodist Connexional Funds
The Methodist Church Connexion raises assessments against circuits. and these are paid quarterly to
their districts. The circuits raise assessments against churches in their circuit. The district quarterly
remit5 the sum received from the ciicuits. The district retains a portion from this circuit assessment to
meet its own cost is and listed separately to the connexional total in these accounts. The circuit acts as
Agent for ad hoc collections forvarious funds controlled and administered by the Methodist Church and
these are detailed in the Related Parties section.
ql Funds
The trustees have adopted a policy for ali unrestricted reseNes which 1$ included as Appendix B. The
funds held constitute.. General Funds held for any purpose of the Circuit which are Unrestricted. The
Circuit Model Trust Fund which has wide purposes defined in Standing Orders and 1$ categorised as
unrestricted. Restricted funds which are held for a narrower specified purpose. Designated funds are for
earmarked projects but can be reallocated accordingto priorities. We have no Endowmentfunds. Details
of material funds are disclosed in the accounts. and each may be represented by more than just cash.
r) Minister's Manse Costs
The Circuil is required to provide accommodation for each minister in the circuit and their families and
this is seen as a benefitto the ¢ir¢uit. Ministers are expected to occupy the manse provided forthern. The
19

Dwusign Envelope ID.. 6A8ADFDE.A168401>AB23.F68DE5437A81
circuit bears the costs of rep8irs, maintenance, buildings insurance, council tax and w8ter charges.
These figures are not separately disclosed as benefits-in -kind for ministers as HMRC does not seek to
tax these receipts in the hands of ministers.
$1 Subsequent Ev¢nts
Events after the reporting period.. An event, which could be favourable or unfavourable, that occurs
be￿een the end of the reporting period and the date that the financial statements are authorised for
issue.
Adjusting event: An event after the reporting period that provides further evidence of conditions that
existed at the end of the reporting period, including an event that indicates that the going concern
assumption in relation to the whole or part of the enterprise is not appropriate.
Non-adjusting event.. An event after the reporting peTiod that is indicative of a condltion that arose after
the end of th8 reporting period.
2 Glossary of Terms
CFB: Central Finance Board of the Methodist Church manages a Common Deposit Fund and a serles
of pooled investment funds for Methodist entlties in Great Britain and provide investment advice to
those entities.
Church: a group of members from twelve to more than three hundred
Clr¢ult: A group of Methodist Churche$ and Local Ecumenical Partnerships with a methodist
component in a geographically defined area, typically between 10 and 30
Circuit Meeting: The Trustees of the Circuit. most of whom arts appointed by their local Churches and
others by virtue of a role they undertake for the Circuit andlor local Churches.
CLT: Circuit Leadership Team-. A group (comprising mostly, but not exclusively) of Circuit Trustees
responsible lor the d8y-to-day administration and policy formulation of the Circuit. The CLT comprises
the Presbyters and Deacons stationed within the Circuit. The Circuit Stewards, including a linance
steward and the Lay employees
CMTF: Circuit Mod8lTrust Fund
Connexlan: The Methodist Church in Great Britain which includes the Head Offlce in London. all
Methodist Dlstrl¢ts, Circuit and Churches in Great Biltain
Connexional Fund$: The Designated andlor Restricted Funds held and administered by the
Connexion in furtheiance of its charitable and mission objectives.
Deacon: A Deacon Is an ordained role within the Methodist Church and a religious order. It 55 a way of
life which expresses the servant ministry of Christ by the whol8 people of God to the world. Deacons
exercis8 caring. pastoral, evangelistic and outreach ministries in a¢cordance with their gifts.
District: a group of contiguous Circuits, usually between 15 and 30
FRS: Financial Reportingstandard
HMRC: Her Majesty's Revenue and Customs
Lay Employees: Personnel employed by the Circuit on accepted cornmercial employment terms.
20

Docusign Envelope ID.. 6A8ADFDE.A16840l￿B23-FG8DEs437A8l
LEP: Local Ecumenical Partnership, A group of denominations who agree to work together as one unit.
The agreement may be to share buildings, worship or financi818nd governance structures and may
vary in detail from Partnership to partnershlp.
MMPS: Methodist Ministers, Pension Scheme
Pansion$ Trust: The organisation through which the CSrcult arranges a pension scheme for its lay
employees.
Presbyters (including Superintendent): Probationer or Ordained Methodist Ministerwho have
pastoral and administrative responsibility for the Churches within a Circuit. They are placed
Istationedl in a circuit who look after their accommodation. stipends and welfare and they usually
take pastoral church of a designated set of churches. The Superintendent carries the additional
responsibilityfor overseeing the running of the Circuit.
SOFA: Statement of Financial Activities
SORP: Statement of Recommended Practice
Stlp8nd: A regular fixed sum paid to Ofdained staff in lieu of a Salary. It is taxed in the same way a
salary would be treated.
TMCP- Trustees of Methodist Church Purposes, the legal owner and Custodian Trustee of all
Methodist Model Trust propety, including legacies, Endowments and Accumulated Funds.
Restatement of previou5 year's figures
In preparing the accounts, the Trustees have considered whether in applying the accounting policies
required by FRS 102 INot Section 1A] and the Charities SORP FRS 702 the statement of comparative
items was required. Restatement has riot been necessary, and a reconciliation of opening balances is
also therefore not required. A copy of the previous year's SOFA and Balance sheet is included at
Appendix C for clarity.
21

Docusign ENV￿llpe ID-. 6A8ADFDE-A1684015A823-F68DE5437A81
Leeds South & West Methodist Circuit 27101
Year ended 31 August 2024 Notes to the Accounts
41
Donotlons & Legacies
No legacies reeeived. Donations received towards postal costs 8nd circuit resources providtsd
Donations & Legacie5
Collections & Donations
Genèral
175
175
CMTF
Dèsl
23124Total
175
175
22123
343
343
roi&l
Charitable Activities
In 2023124 the cir¢uit had 17 churches. Each is assessed for a contribution to meet the overall net
costs of the circuit. Known income from other sources is taken into account. The circuit continues to
reassess contributions by membership and relative linancial strength, in order to share the costs as
fairly as possible. The plan a($0 allows for savings to be used to help manage ¢hange. 2 churches are
earmarked fortransfer to Circuit twsteeship in 24125 and the budget has taken this into account.
As$essmeni$from Churches
Assessments f rom Churches
Adel
Beeston Hill
Central
Cookrid
Farsle
The Grove
Headin
hfield
HunslÈt
H dePark
Rodle
Sl Andrew's, Beeston
SIAndrew's. Pudse
Stjohn's
St Mark's
. Bramle
Newwhin
ate
Wesle
Road
Woodside
General
13.333
14.631
11.247
35,652
14,744
CMTF
Desi
23124Total
13.333
14,631
11.247
35.652
14,744
58,503
32,452
14,584
20,225
13.062
3.620
23,269
32,000
7,693
14.862
37,745
20,000
22123
13.333
14,121
11,126
35,652
141,398
57,469
31,691
14.242
19,751
13,062
3,620
22,724
40.794
7,513
14,514
36.860
16,960
5.305
32.452
14.584
13.062
3.620
23.269
32,000
7,693
14.862
37,745
20,000
Total
367 623
392 314
bl
Other Charitable Aetlvltio$
Previous contributions to the National Pension Reserv¢ funds were returned as the fund is much
healthier. Churches in the circuit had previously been refunded by the circuit so this replenishes our
funds. Some final funds from the closure of woodside were reeeived. The Circuit Office acts as
treasurer for Adel, St Andrew's Pudsey. F8rsley, & St Marks for which a charge is made. Youth is the
cost of the 3geneTate weekend. Sales income represents bulk-buyinglreselling to churches for regular
resources.
22

DLKwJn Etwek•)g ID: fjA8ADFOE-A16W15AB23.F68DE5437A81
Other Charitable Activitie5
P&nsion Reserve Fund
Woodside Balanco
Circuit Financ8 Su
Youth
Refund ol Surve for mans• sal8
Sales Income
Pro
er
received into Circuit Control
W8sI8
Road Balance
Lower Wortle
Balanc
Acc85sibili
Gr8nts
Other Mi5C
Gener8L
CMTF
D?81
23124Tolal
22123
4.914
2.500
ort
1.800
1.300
540
520
540
S20
615
126.984
20
1 162891
Total
OtherTradlng A¢tl¥ltl•s
The Hall ai Woodside had a tenant during 23124 until June. Some of the rental is still outstanding
Incomefrom Lettings
Woodside Hall
General
CMTF
De$1
23124Total
22123
Tot•L
Investments
Inve5tmentS
Interest
Dividends
General
19,992
CMTF
21
Rèstricted
100
23124 Total
22123
Total
100
Stlpends, Salarles, NIC & Penslons
The Superintendent 8nd the other presbyteTS are considered Key Management personnel. The
members ot the Circuit Meeting are the trustee5 of the charity. No employees received benefits of
more than £60.000. There is no accrual lor holiday p8y as it is immateriaL Holiday? for ordalned staff
ends 31 stAugAII stoff are paid ot or above the ijvingwage.
Stipends were paid to 4 presbyters 8nd 1 Deacon who were all full time. Salaries were paid to 2 part
time administrators11.4 ￿E>. I part time Minister lives in a manse, dr8ws no s818ry and only claim8
travel & expenses.
Most Qfdoined people Ore members of the Methodist Ministers. Pension Scheme IMMPSI. This 18
defined benefit scheme. The Connexion accounts tor this in the annual Methodist Church in Great
Britian accounts. The MMPS is now in surplus.
A defined contn'bution pension scheme in place for lay employees in line w¢th the Government
guidelines on auto enroLment. Employers contrlbute 6% and employees from 2-6%. Rather than run
multlple schemes, some churches moved their staff onto our payroll to share centr818dminlstralion.
We currently deal with the poyroll and pensions for employees based at The Grove. St Andrgw's
Pudsey. Hunslet. Adgl, F8rsley 8nd Hgadingley and pass the PByment on to Payroll for their costs.
These salary figures are not in the accounts except in the "collectedlreceived IOT Other3" total and
amounts to £58,178.
23

DwJsigTh Envelope ID.. 6A8ADFDE-A168401>A823-F68DE5437A81
Stipends, Sals, NIC, PÈnsions
Ministers
Sti
ends
Pension3
General
CMTF
Desl
23124TotaL
22123
148.104
39,059
14.306
970
921
148.104
39.059
137.333
36,218
13.206
880
1,643
NIC
Com
utersfor minist
enses
La
Staff
Salarie
Pensions
NIC
970
921
44,165
2,588
3,441
44.165
2.588
3,441
3,924
5,331
545
576
enses
Admin Char
re￿tIceShI
576
984
255 114
576
984
255 114
le
811
eo
le
Tot8[
266 076
District Assessment
The Di8tri¢t Assessment is calculated ielative to the proportion of church members and ordainod
staff ing levels acr0$5 all circuits in the Yorkshir& West District. The Methodist Church Fund is also
calculated on the same basis and collected by the District to pass onto the Connexion.
District Assessment
DistrictAssessment
Total
Goneral
CMTF
Desi
23124Total
22123
10.
Methodlstchurch Fund
Methodist Church Fund
Methodist Church Fund
General
CMTF
Desl
23124Total
22123
TotaL
Telephone & Travel
The Circuit provides or pays for 1 broadband and phone connection for each ordained memberol staff.
Where possible, this is provided directly to avoid a tax liabilityfoT the individual. but some are claimed
through expenses. The office at Wesley Road also has phone and broadband. Travel is reimbursed at
standard Inland Revenue rates.
Telephone & Travel
Ministars
Tele
honellnternet
Travel
Staff & Office
T818
honellnteinet
Travel
General
CMTF
Desi
23124Total
22123
2,260
2.653
2,260
2.653
2.597
646
1.443
1.443
1,436
102
Total
24

DrKu5ign Envdope ID.. 6A8ADFDE41684015-A823.F68DE5437A81
12.
Insurances and utility ¢o$ts
The Circuit owns 7 manses to house their ministers. 1 houses a minister who does not receive a
stipend but works on a'house for duty basis". The previous 8th property. Cross Flatts Avenue was sold
during the year and Fraser Avenue is currently for sale as part of a replacement scheme.
In5urance&Utility¢ost5
Gener81
Manses
Insurance
Water
CouncilTax
Gas & Electric
CMTF
De51
23124Total
22123
7,7dO
3,182
17.375
7.740
3.182
17,375
1.121
2.769
16,619
1.732
Total
13.
Maintenane• on Manses
£3000 per manse on average is budgeted yearly in the assessment for repairs but may not be equally
used. Additionally, £30,000 is designated from reserves for more major repairs and quinquennialwork.
Whitecote Hill had signili¢8nt Bathroom remedialworks. Becketts Park Drive required a new boiler and
Chestnut Drive also required significant plumbinE repairs.
Maintenance on Manses
B8throom i
rovements
New Boiler
Plumbin
Re
Gardenin
Fencin
& Gutters
Ga51Elec Maintenance & Ins
eetions
Alarm Maintenance & Re
Heatin
Re
airs
Drain8
Electricalre
Misc re
airs
Window& Door Maintenance & Re
A liances re
lacelre
Car
ets
Other External re
Roof Re
airs
Gar8
airs/demolition
Internal Decoration
ManseAd8
tatyons
General
3,015
2.750
2,117
1,108
696
666
629
498
370
260
210
131
CMTF
Desl
23124Total
3,015
2.750
2,117
1.108
696
666
629
498
370
260
210
131
22123
4.998
2.424
1,106
2.169
349
2.821
705
109
1,917
2,727
1.562
1,440
635
615
545
airs
re
Total
14.
Churches under ¢ir¢uit trusteeship
Lowerwortley Church Building is in the middle of the sales process. Woodside Church had a tenant
in the hall until June 24. The site is nowto be sold. Wesley Road is being used by the circuit for office
space and other activities and meetings. It is 800h owned by the Methodist Chur¢h and 20% by the
Baptist denomination. Hunslet congregation has ceased to meet but the building is used by the
community, and we employ a caretaker which the circuit has funded since June. The propertywill
change to circuit trusteeship from 1 st Sept 24.
25

Docusign Envelope ID: 6A8ADFDE-A1684015-AB23-F68DE5437A81
Chur¢he5 under circuittrusteeship
Utilities LW
Insurance LW
Other Maintenance LW
Governance LW
General
CMTF
Desi
2.318
8.188
90
1.939
23124Total
22123
1.683
7.942
Total Low¢rWortLgy
12.534
Utilities WR
Insurance WR
Other Maint8n8nce & Charges WR
Totalwesley Ro8d
3,044
935
636
2,530
913
297
3,740
503
4.815
Utilittesws
Insurance WS
Other Naintenanee WS
Governance & Legalws
11.739
10.226
783
2.481
20.237
Totalwoodside
Oth8r Maintenance & Charges H
25.229
1.360
Hunslet
Tot81
15.
Provision for bad debts
Provision foi bad & doubtful debts
Loans to Churches
Rentatarrears
General
6,001
CMTF
0991
23124Total
6,001
22123
Total
16.
Other Outgoings
Connexional and property levies are taken from property sales on a sliding scale. Gov&rnance Cos15
includes church Imanse quinquennial inspections, suNeys, legal and audit fees. Admin represents
office costs of printinE and purchases of maleriais as well as Safeguarding and website maintenance.
Youth Is the cost of the 3 Generate weekend. Preaching expenses are travel expenses and, where
applicable, the Set fee due to supernumerary minister preaching appointrnents. Citizens is the fee to
be part of this charity that works for improvements in Society. The Grove is an on-going charge for the
use of spaces in their carpark. Bank charges- During the yearthe circuit paid TMCP, the custodians of
the circuit'5 investments, management charges based on the value of the Individual funds at the
beginning of the year. CAF bank also charges a monthly fee. Benevolence Payments are discretionary
funds to relieve hardship. paid to individuals or ¢harities who are in need. Up to 1.5% of th$ general
balance may be usod if required. Purchase costs are the bulk purchasing of items for churches.
OtherOutgoing5
Connexional& Pro
Governance
Admin
Youth Ex
enses
Preaching Expenses
Citizens
Trainin
¢ourse5 & resources
The Grove
83nk Char
es
8enevolence Pa
Other Mls¢
Occu
8tion81 Health
Purch2se costs
Tech Re
airlPurchases
G8neraL
CMTF
112,926
7.685
De$[
23124 Total
112926
38,430
5.782
3.840
2.493
2.000
1.189
1,000
836
590
109
22123
er
levie5
19,252
5.782
3.840
2,493
2,000
1,189
1,000
547
590
109
3.480
2,006
318
1.000
429
160
170
2.365
415
110
290
ments
Total
120 901
169 195
26

Oocusign Envdope ID.. 6A8ADFDE-A168401&A823.F68DE5437A81
17.
Grants & Donations
When a grant has been agreed. g provision Is made for its payment if not paid immediately. A grant was
made towards a Youth worker based at Trinity Methodist Church over 3 years1£10,000 x31
Grants and Donation5
General
Grant5 a
r88d for future
30,000
Newwhin
ate
9,500
H de Park
3,000
Stmark's
490
Adel
StAndrew's. Be8Ston
Headin
Rodle
CMTF
Desl
23124Total
30.000
9,500
3.000
490
22123
50,000
ears
10,000
10.000
5.000
1,000
Total
Previousl
reed
Cha
Lainc
Yr1
Meanwood- InterActYr 7
H de Park
rants
aid
Gen•ral
10.000
10.000
CMTF
Desl
23124Total
10,000
10,000
22123
10,000
Total
18.
Dl¥tri¢i Advance Fund
The District Advance Fund is financed by a levy to support District grants to projects. It is calculated
on all circuits on their CMTF account ba18nce as at 31st Aug in previous accountingyear. It is a sliding
scale from 2.5% to 7.5%
Contribution5 to District Adv Fund
DistrictAdvance Fund
General
CMTF
Desl
23124Total
22123
Total
19.
Transtersladjustments
Transfersladjusiments
M(Nernentbelw8enaccounts
Restrl¢ted
590
23124Totsl
22123
121 613
121 613
20. Investment galn$
Investment gains
Gainlloss on value of Fixed Assers
Gainlloss on valu8 of unittrusts
General
CMTF
Desi
23124Total
100,000
22123
100.000
13.382
113382
7,640
TotaL
21. Property and Inv¥stments
The circuit owns 7 manses.. 6 are occupied by staff. and 1 is for sale.
3 church buildings are in circuit trusteeship. These are shown at estimated sale ¢ost. (TMCP is the
legal owner and custodian trustee of all methodist church property and will deduct a levy upon most
sales. Equities are regarded 88 medium or long-term investments.
27

Docusign Envelrye ID.. 6A8ADFDe-Al￿4o1￿823.F680E5437A8l
Property & Investments
4 Che5tnutAve LS16
Manse
33 Becketts Park Dr LS6 3PD
Inv Pro
7 Fraser Avenue LS18 SEA
Manse
15 Edward CLose LS28 7FG
Manse
54Whitec(rte Hill LS13 2HU
Manse
36 CrossllattsAve. LS11 7BG
Manse
6 Swallow Close LS12 3TH
Manse
10 Salamanca Cres LS104GJ
Manse
Manse Subtotal
Lower Wortle
MethodlstChur¢h
Wesle Road Cha
el
80% Methodlst
Woodside Methodistchurch
Churches under CircuitTrusteeshi
Total Pro
er
General
236,891
233.720
300,000
310,000
CMTF
Desi
23124Total
236,891
233 720
300,000
310,000
320,000
22123
236 891
233.720
300,000
310,000
320.000
250,000
320,000
279,995
2.250.606
250,000
240,000
500.000
990,000
3,240.606
149716
98,750
248 466
3 489 072
320,000
279.995
2.000.606
250,000
240,000
500.000
990.000
2.990 606
136.097
320,000
279,995
2.000.606
250.000
240,000
500,000
990 000
2,990,606
136,097
106,390
242 487
3 233 093
TMCPWR E
uities
TMCP CMtF E uities
Investments Subtotal
Total Flxed a55et5
106,390
106 390
106 390
136 097
3 126 703
Debtors and prepayments
All sums shown as debtors in 22123 were received in the following year. Except for a £6000 loan to
Cottingley Chur¢h in 20121 which is still outstandlng. All sums paid in advance at 23124 were for
activities in 24125.
Debtors & Prepayments
Sti
ends
Collin
le
RentalarreaTS
Provlsionfor bad debts
GeneraL
17.065
6,001
17.652
23.653
CMTF
Desi
23124TotaL
17,065
6,001
17,652
22123
16,777
6.001
see note 15
Tot8L
23.
Creditors and accruals
All sums accrued in 23124 will be paid in 24125 unless indicated.
Creditors and Accruals
Assessment
Audit Fee 23124
Audit Fee 22123 outstandin
General
CMTF
De$1
23124TotaL
86,989
13,200
22123
70.810
86,989
13.200
Total
104 209
104 209
24.
Agreed Grants<1 yr
reed Granls <1 Yr
30,000
20,000
25.
Agreed Grants > 1 yr
eed Grants >1 Yr
Tot81
204 209
28

Docusign Envelope ID.. 6A8ADFDEA168401SA82&F680E5437A81
26.
Howfunds are held
Monetary Balances held at the CF8 and at the CAF bank are all available on demand without Ioss of
interest. The split of these balances across the funds is arbitrary but wherever possible balances are
not shown 83 negative. The funds that support the CSrcuit Model Tru3t Fund are held by TMCP in the
Trustees Intertsst and interest is credited to the account regularly (along with dividends from the
Equity funds shown in investments abovel.
Howlunds are held
General
619
CMTF
De51
Restricted
23124Total
619
3,646
2.010
22123
34
2.837
2,500
5.371
377,817
163
53,6
TMCP WR TIF
TMCP CMTFTrusrees Investment Fund
TMCP Waters
TIF
3,646
2,010
TMCPSubtotal
CFB Account
619
516.441
253
61.630
672
95,682
612.123
253
61,630
672
Cash
CAF BankCurr8ntAccount
CAF BankDebitCard Account
Cash èt bankand rn h8nd
Totsl
579616
680 955
27.
Paym¥nts to Trustees
Expense payments primarily relate to local preaching expenses, travel and staff costs
Paymentto Trustees
end
8nd salaries
less char
es
Other Payments made to trustees
General
253 $54
1.626
255,180
CMTF
Desl
23124Toial
253.554
1.626
255,180
22123
264 476
1.505
265,980
Total
No. of trustees who vlere pai(J
Nature of the ex
enses
Expense payments primarily relate loc81 preachin
and travel costs apart from $t8ff costs
28.
Fees for audit of accounts
Fees tor eKarnirtation/audit of account:
Audit Fe8 22 23
General
CMTF
De$lg
23124TotaL
2,800
22123
12,500
2.800
13,200
16,000
Total
16,000
12,600
29.
Collected and passed to others
The Circuit acted as Agent either in the collection or lacilitation of the monies below 8nd they do not
form part of the Circuit's accounts. Related partytransaction has been paid on and logged as received
directly from the church.
Collected and pÈssed tts others
Church Salaries
Purchases on behalf of churches
Closin
8als to LEP
artners
Leavin
Received and
assed to others
Received for related partias
23124Ttstè
58,178
22,986
22123
66.272
14,138
58,529
167
1,642
5,699
320
TotaL
29

111
11
11
Kiii
111

IINIIIIII
lii'lli￿-.1l.
pj

OoGu51gn Envelope ID.. 6A8ADFDE-A1684015-AB23-F68DE5437A81
Leeds South & West Circult
DECLARATIONS
Treasurer
l confirm thatthese accrual based accountsforthe year ended 31 SiALJg2024 have been prepared from
the records of the Circuit anrl thatthey include allfunds under the controlof the CircultMeetin&
Signature olTreasurer
Date
Is I"112L
Name ofTreasurer
Miss H C Boo¢ock
Address
22 8urnettRise, Queensbury, Bradford, Westyorkshire, BD13 2DX
Presemation to the Clrcuit Meetlnrt for approval.
I confirm thatthe accountsfor the year ended 31 Aug 2024 were pre¥ented tothe Circuit
Meeting at its meetingon
1719 IL4
end were approved.
Signature ofthe Chair of
the meeting
Name of the Chair of the
meeting
RevJo Lightowlor
Dete
Ic/? /2
32

Docusign Envelope ID.. 6A8ADFDE-A1684015-A823-F680E5437A81
S￿1 We¢
Methodlst Circuit
Leeds South & West
Methodist Circuit
endices
A. Trustees of the Charity
B. Reserves Policy
C. Last year's SOFA
and Balance sheet
33

Docusign Envelope ID.- eA8ADFDE-A1684015.AB23-F68DE5437A81
34

Oocu5ign Enval(pe ID.. 6A8ADFOE-A168401S-A923.F68DE5437A81
Leed5 South and We$1 27101
AppendixA
Constltution of the Circuit Meeting
5.0. 510 lil
Circuit Mlnisters
Revd Jo Lighlowler
Revd Pete Brazier
Revd Mo Onyett
Dea¢on Guy Austin-Bride
Revd Rach W8rd
Supernum8rarlg$ who hav¥ chosen to b¢trusiees
Revd Madeline Andrews Revd Peter Reasbeck
Clr¢utt Stewards
Miss Anne Jackson
Mrstuart Westerman
Mr Philip Maud
Miss Audreywilks
Mr Peter Cordwell
Mrs Elizabeih Smith
Mrs Kirsty Butler
Mr Edmund Linfielil
Dr Rob Moore
S.0. 5101111
Residing in the Clreult
Revd David Goodall (District role non-voting rnembe¥l
Revd Keith Hunt Inon-slipendiary rninisterl
Revd Tim Nicho115 (District rol81
S.0. 510 livl
Lay employee$
Mis5 Cathy Booco¢k (Treasurer)
Mrs ErS¢a Hartley ICM Se¢) l& S.0. 510 vl
Mrs Janet Taylor Isee ol Loc81 Preachers, & Worshlp Leaders. Meetingl
S.0. 510 Iv51 &viiil Church Representatives and Office hoLder$
From each church. 1 church steward 1 church treasurer. 1 church Tep orwhere the presence of th8 $8nlor ￿eWard.
treasurer and on8 Other representative does not provide three representatives to the Circuit Meetingfrom the local
church legwhere the role of treasurer Is fulfi'lled by circuit proiysion, or where the treasurer 1$ also seniorstewardl.
additional ￿preSentativeS to bringthe local church representatives to a maximum of three may be appointeLI.
Church
S.0. 510 Ivil
St8waTd- S.0 $10 Ivlil
Mrs Michelle Rock
Mr Roy Sheard
Mr Paul Met¢alfe
Mi$$ Elizabeth Bpetham
Mrs Linda Kellett
Mrs Carol Hoyle
Dr Stephen Humphris
Mr Aidan Jewitt
Mrs 88rbara Hartley
Mrs Jackie Hillyard
Mr Brian Draper
Mr John Uren
Mrs Elizabeth Smith*
Mrs Dorothy Stefanidis
Mrs Susan Hogarth
Mrs MargaretTate
Mrs J8net Taylor"
Treasurer S.0 510 Ivlil
Miss Cathy Boocock*
Mrs Carol Normanton
Rep S.0 510 Ivllll
Va¢ant
Mrs Pauline Poacock
Mrs Victoria Rose
Mrs Jean Gosling
Mr John Pro¢ter
Mrs Ann Bailey
Mrs Chrlstlne Andrews
Mrs Andrea Evers
Mr lan Hartley
Mrs Sharon Bro¢ksom
Mrs Glynis Clarke
vacant
Adel
Beeston Hill
Central
Cookridge
Farsley
The Grove
Mrs Margaret Met¢alle
Mrs Linda Stoiey
Miss Cathy Boocock
Mr Paul Thomp50n
Prof Gordon Andrews
Mr Fred Jewitt
Mr5 Caroline Mason
Mr Simon Brocksom
Mr Keith Harrison
Mr Brian Thornton
Mr John Goacher
Mrs Helen Ingleby
Miss Caihy 8oocock*
Mrs Carol Simpson
Mr Stuart Pedder
Mr Emmanuel Oikelome
Mrs Helen Raw+
Miss Sophie Lockwood
Mrs Frances Wood
Mr David Wood
+Representative in Ireu of Tre8surer
Headingley
Highlield
Hunslet
Hyde Park
Newwhingate
Rodley
StAndrew's. Beeston
StAndrew's Pudsey
Stjohn,
St M8rk's
Trinity, Bramley
Duplication of trustee
S.0. 510 Ilxl
Additional person$ ¢o-opted to adequately represent allarea5 of the Life of the Clreuit- to
be reviewed annuaLLy-non$ at present
M8thodl8t StattdlngOtd•r010Quatift¢ationlor appolntmvnt ¥tates'.121iill no person who h8s b&En convicted of or has
reteivÈd 2 Sitnple or condition81 c8ution from the police concerningan offence undertheSeKualOffencesA¢t 2003 or
tnentioned in Schedulo 15 10 the CrimlnalJusticeAct 2003 orwho isth& 8ublect ora risk as$8ssrnent underSi8ndin8 Order
237 as a result of which the Safe8uarding Cotnrnittee coneludes thai he or she presBnt8 a significgni risk of 8erSous hami to
ohildren. younE peopl? orvulnerable adult5 5haU be appointed or re-appointedtL>any office, post or r88ponsibilityor
engaged or re-engagèd under anycontraet towhKh ihis sub-clause applies unless authorityfor th8 appolntment or
employmenth88 baan obtÈinBd underC18use151 below. Isee CPDI
35

Docu$lon Envelope ID.. 6A8ADFDE-A1684015-AB23-F68DE5437A81
Appendix B
Methodlst Circuit
RESERVES POLICY of
Leeds South & West Methodist Circuit
('Church CouncIl￿/C¥rCUlt MeetingrfiDistrSctE]}
Unrestricted Funds held al YIE 3110812024
(includes Circuit Model Trust Funds and excludes Property
£ 528,569 Gen
{inc Equities)
£ 95.682 Designated
£ 110036CMTF
£ 734 287 Total
Restricted Funds held
£ 2010
Endowment Funds held
£ nil
Reserves
olic
for General Fund$ and CMTF
Aims
(11 To secure and sustain the Circuiys viability and future
(21 To cary out ils mission strategy
(3) To give reassurance to the general public Ihal the Circuit. which Is a oharSly, intends lo use
all the resources in its care for the purposes of the charity
Strategy
Essentially the grouping provides for
al The ministerial oversight and pastoral care of 17 churches, including 3 local ecumenical
partnerships
b) The support of a staff team of 5 Ministers, and 2 part time lay staff responsible for admin
and finance.
) The maintenance and upkeep of 7 manses
d) Mission Activilies and Fresh Expression projects
e) Training and Development of all its people
Q Financial provision for Churthes in difficulties
g) Redundanl churches
Flnancial Plans
General Accounts
Church Buildings under Circuit responsibility £
Circuit Model Trust Funds
Unrestricted Funds Total
528 569
95 682
110 036
734 287 (plus Building Assets)
Under Standing Orders, the Circuit must meet ils financial obligatlons In relatlon to the support of
its staff team and the maintenance of its property.
The Circuit Assessment Is revlewed annually and covers the cost of our permanent staff.
We also make provision for our property maintenance programme by..
Design81ing £3,000 per annum on average lo maintain each manse within the assessment
A further £30.000 (see below) is designated within reserves designated for anticipated
Medium term expenditure, particularly in relation to Quinquennial Inspections.
36

Oowsign Envelope ID.. 6A8ADFDE-A1664015.AB23.F68DE5437A81
We are advised to hold up to Six month's General accounl expenditure in hand for emergencies
and Ihis ha5 been set at £250,000.
Circuit Model Trust lunre51ricted fund) £110 036 this fund is derived mainly from the sales of
Chapels and manses and is used to 5VPPOrt the needs of the circuit. aloig with General Fund, as
outlined in the totals below.
Fund have also been set aside to support the additional church buildings which have passed to
circuit control and to help 50cielies as they close or merge together.
In summary, the Circuit has agreed the following designations lo our finances across both the
General & CMTF funds.
£ 250,000 6 month's Expenditure
£ 30,000 Property Maintenance plan
£ 60.ODO Church Contingency fund lor ￿￿ergenCIes. asse5sinent non-p8yinent
£ 95.682 Closurelmerger of socielie5 and churches buildings passed to circuit oversight.
£ 10.000 Training, Resource5 and youthwork
£ 21.000 statutory redvnd8ncy costs in case of emergency
£ 118 346 Granls support to churches, Circuit Mission and outreach. Eco projects or as
cashflow to help replacement manse project as neeed
£ 42,000 Property Officer
£ 107 258 to meet the 8ssessrnent deficit.
£ 734.287 (total of General, De5ign?ted and Model Trust)
Ainounts already recognised in the circuit accounts and provisions made outside of this policy
£100.000 for future Grant5 to Churches]Charilies already agreed.
As redundant propwty is sold, the funds will be used in accordance with the circuit financial
framework document to invest in our remzining church and circJJit rni5sion and maintenance plans
Benevolence PolKy
The Superintendent andlor CL T to be authorised to respond lo crisis situations with indivKluals. as
necessary, up lo 1.5% of our cash resources as listed above and would come from (Jjf crisi5
budg2t IGenlModel Trust).
5. Polic lor Restricted Funds
£2,010 foi yOLrth work. with an emphasis on helping children participate in music 8r)d w(X5hip.
Terms relatin
None held
to End0￿meTht Funds held
This Reserve5 Policy has been approved
by
Leeds South & West Methodist Circuit
('Chufch CouneiiE]I Clrcuit Meotlng rfIDislrid]I
Treasurer
Full name
Miss HeleT7 C Boocock
Signature
Trustee
Full Name
Rev Jo Lighlowler
Signature
37

Docusgn Envebpe ID.. 6A8ADFDE-A1684015A823-F68DE5437A81
Leeds South & West Methodist Circuit
Statement of Financial Activities to 31 st Aug 2023
Appendix C
22123
21122
Income
Donations & Legacies
Charitable A¢tSvltles
AsSeSsrr￿nts from Churches
Other Charitable Activrtie$
Other Trading A¢tlvitles
InGome from Lellings
Investments
343
392,314
12,732
392,314
1,162,891
412,017
23,700
147.660
2,500
10,466
4,786
14,849
3,120
17,969
Total Ineome
Ex
enditure
Stipends, Sals, NIG, Pensions
District Assessment
Methodist Church Fund
Telephone & Travel
Insurance & Utility costs
Maintenance on Manses
Expenditure on Ciiciiil Churches
Other Outgoings
Grants and Donations
District Advan¢e Fund
Total Charitable expendlture
Net IncomelExp before galnllos
266,076
14,255
72,309
4,781
28.281
24,124
266,076
14,266
72,309
4,781
28,281
24,124
36,656
36,343
76,000
2,919
302,724
14,676
73,432
8,066
24,661
19,053
1111
36,655
36,034
76,0
309
116,354
44,977
3,237
2,919
Transfers be￿en Funds
2,311
2,3111
GainlLoss on fixed assets
GainlLoss on investment assets
Net movement in Funds
Balances brought forward
TOTAL Funds carried forward
179,964
6,913
18,326
2,763,476
2,781,B02
3,457
-102,771
422.811
320,040
7,837
994,936
2,781,802
3,776,738
990,000
2.250,606
3.240,606
6,799
108.386
101,587
112,006
2,500
112,006
2,600
Monies receDJed for others
Monies passed on lo others
139,425
139,425
87,451
87,451
38

Do¢usign Envelope ID.. 6A8ADFDE.A168401&AB23.F68DE5437A81
Leeds South & West Methodist Circuit
Balance Sheet as at 31 st Aug 2023
Unreslri¢te
Appendix C
22123
21122
Fixed Asse5ts
Circuit Manses & E
Churches
Investn￿￿t Pro
rties
Inveslrnents TMCP
ment
2 157118
990 (MJO
93 488
149716
3 390 322
2157118
990 000
93,488
248 456
3 489 072
2 363 736
Current Assets
Debtois & Pre
ments
Loans b the Circuit
Tiustee lor Methodist Pur
C8ntral Finan￿ Eoard
Cash 21 bank and ITr hand
oses
34
265812
55.010
343 634
1120D5
377817
477 861
112005
460 976
Creditois
Grants
due under 1
reed <1 Year
Net current aSsets/liabilities
ear
83310
20 OCN)
240 324
93,045
20 000
357 666
1121K)5
428 067
3 630 646
roral asseis le$$ current liabilities ￿[￿￿[,.1
101 687
112006
3 846 738
2 781 802
Creditors and Accruals > 1
Grants a
reed >1 Year
ear
3 660 646
101 687
11200S
3 776.738
2 781802
Funds ol the Circuit
General Fund
un[estr￿ed
Circuit Model Trust Fund
Unrestricted
Desi
nated Funds
Uniestii¢ted
roral Unresirlot¢dFunds
Reslricled Funds
3 560 646
3 560 646
101 587
112.005
3 774 238
2673417
108386
101587
2 781 802
3 560 646
101687
112006
3 776 738
2 781 802
39