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Methodlst Circuit
Leeds South & West
Methodist Circuit
Trustees Annual Report &
Accounts
2024125
Charity Number 1129529

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Leeds South & West Circuit
TRUSTEES, ANNUAL REPORT FOR THEYEAR ENDED 31st Aug2025
Introduction
The circuit exists to support churches in their current worship, mission, 8nd s8rvic& through the
centralised provision of ordained staff l& their accommodation) and lay employees. Presbyters are
given pastoral oversight of specific churches whilst other roles function as points of reference for their
areas of expertise. We coordinate the provision of Sunday worship and offer strategic ideas and plans
for shaping the church for the future.
Aims and organisation
The circuit is part of the Methodist Church. We exist to increase the awareness of God's presence, to
C81ebrate God's love. to help people learn and develop as Christians, act as a good neighbour and
challenge injustice. Our strategic objectives Iworship. service, 188rning & caring and evangelism) 8re
detailed in the'our Calling, documeni av8ilable from
Review of the year
2024125 was a year of review. Churches coniinued to deliver more work in their communities than their
size and demographics might suggest and shared patterns ol working across the circuit have helped
sustain some ol these services.
Churches Still offer significani opportuniiies to explore t81th and attend worship as well a8 acting as
central hubs for foodb8nk collection andlor distribution, providing resources for two charity shops,
offering warm spaces and being places for community use. Church services. bible study. toddler
groups, children's work, youth organisations, knit and natter communities, Live at Home schemes.
baptisms, weddings, funerals, p8Stor81 care, coffee mornings and community lunches are further
examples of our work which benefits our communities. Worship continued face to f8¢e, online 8nd by
post. The circuit engages with people regularly through its website. Faeebook, and Zoom accounts in
creative ways to reach as many as possible.
Due to the central provision of some resources. the team can support churches in accessing skills not
available locally, benetitting from economies of scale and enabling participation in events which they
could not provide themselves. Examples include shared s18ffing. IT, finance, 8dmin, an(J training.
Ordained staff continued to spend considerable time with the wider community through the provision
of pastoral care. as well as delNering funeral and bereavernent support. Deffiand for weddings and
baptisms also grew.
The admin team continues to work flexibly. offering8dvi¢e and help regardingfin8nce. governance. and
administrative matters. Demand for their time only continues to grow. We appointed a caretaker
10.29FTEI to look after a growing portfolio of buildings.
Work continued reviewingour policies for better sharingand targeting of our resources across the area.
considering our future needs and sustainable ways of being church. Churches were asked to review
their own situations. Morale in the ieam remains high and we are grateful for the teamwork of ordained
people. lay staff and volunteers. which enables both the care of our people and the continuance of
operations.

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Finance Summary
Incorne trends
Circuit income is normally primarily drawn from the assessments paid by the circuit churches
1£345.775. 15.1 %}. however during the year a significant legacy of £939.186 was received from the
estate of lean Goodwin (left to the closed Cookridge Church Community) and a further £3,000 trom the
estate of Audrey Hainsworth (for the closed Westey Road Church Community). 41.2% in total.
Additionally. the inherited properties of Cookridge Methodist Church and Hunslet Methodist Church
werts added into Ihe property valu8s1850.000, 37.1%). Lettings totalled £24,124, 11.1961 and som&
balances E66.954. 12.9%) were also received from closed churches which have been designated to
support these closed buildings as their lutures are determined. The remaining income is received from
donations, occasional church paymenis and invesiments12.6%1.
Expendlturo trends
Stipend pay levels increase each financial year in line with Conference approved amounts. The circuit
also applies the living wagè peretsntage increase to its lay employees in line with Dlsirict
recommendations. 30.5 % ot expenses were used to pay our people including expenses, telephone &
travel costs1£272.4991. 10.5% represents the Circuit's contributions to the district and connexional
budgets 1£94,2021. This is Used to fund the work of the wider methodist church. Other admin,
governance 8nd running costs totalled £38.49614.3%1. £79.060 18.9%) includes the upkeep of our
minister residences and their associated runningcosts. Grants. and paymentsto support churches and
their mission totalled £43,44014.9%1. E50,63615.7%1 w8s spent on dealing with closing properties,
particularly utilitles, insurance 8nd18gal needs. When a building is sold, the Methodist Connexion takes
a lewy after the first £20k120% on the remainder of the first £1 Ook and 40% on the rest unless funds are
for 8 replacement project). We sold a m8n$e and a church during this year. and the lèvies t01811ed
£290,174, plus sale costs of É24,665. I3S.3%1
Fund balances
At the year end, the net Current assets of the circuit totalled £1,951,640. This has rebounded due to the
legacy and property changes. The TTustees note that Ihis is more than sufficient to cover the general
expenditure of the charitytor up to 4 ye8rs and are seeking appropriate investment advice regardingthe
legacy.
Plans for 25126
We continue to look to see how we might move to more sustain8ble models of work and investmont is
part ol this decision-making. Local churches will continue to review their direction of travel and
consider how they best serve the needs of their people. Churches will continue to work more closely
together, and the sale ot buildings is likely to feature as we reshape to meet ihe current needs of our
communities. 2 church buildings are already on the market at the year end.
Reshaping is likely to bring challenges to our incorne stream but the capital frorn building sales will
assist in such transitions. However, this will affect both our staffing needs and affordability. We will not
replace a minister when he leaves at the year end although we will look to recruit other lay support.
Climate change needs and rising energy costs also continuing to be concems and work to change to
more sustainable systems are being exploied.
A reserves policy is attached to this document which includes a fund for churches in crisis and
suff icient savings to dealwith any income shortfall next year

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## **Governance** 

## **Basis of preparation and legal framework** 

The annual report and accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply 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) (effective 1 January 2019). 

**Full Name of Charity:** Leeds South & West Methodist Circuit **Registration Charity Number:** 1129529 **Date of registration:** 2009 

Charity in present form from 2015/16 

(It became the continuing entity of the Charity no of Leeds Headingley and West registered in 2009) 

## **Main communication address:** 

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 Trustee List is attached as Appendix A to this report as at the year end 

## **Circuit Ministers and officers** 

## **Active Circuit Ministers** 

Rev Jo Lightowler (Superintendent), 

Rev Pete Brazier, Rev Keith Hunt (non-Stipendiary), Rev Mo Onyett, Rev Rach Ward, Deacon Guy Austin-Bride. 

Rev Keith Hunt retired in Dec 24, and Rev Brazier left to new appointment in Aug 25 

## **Circuit Stewards (Lay Volunteers}** 

Miss Anne Jackson (Senior), Mrs Kirsty Butler, Mr Peter Cordwell, Prof Edmund Linfield, Mr Phil Maud, Dr Rob Moore, Mrs Elizabeth Smith, Mrs Janet Taylor, Mr Stuart Westerman, Miss Audrey Wilks, 

Mrs Kirsty Butler, Mr Peter Cordwell finished their appointments this year and Mrs Janet Taylor was appointed. 

**Administrators Property Caretaker** Mrs Erica Hartley & Miss Helen Boocock Mr Paul Metcalfe 

## **Administrators** 

Miss H C Boocock acted as the principal officer overseeing the day-to-day financial management and accounting for the circuit during the year. 

> **Auditors:** Azets Audit Services 12 King Street, Leeds LS1 2HL 

## **Investment Bankers:** 

Central Finance Board of the Methodist Church Trustees for Methodist Church Purposes 

**5** 



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Aims and Organisation
The Charity's objectDie is to act as a resource provider within the area around South & West Leeds for
the Methodist Church-
The purposes of the Methodist Church are and shall be deemed to have been since the Date of Union
the advancement of:
al The Christian faith in aceord8nce with the doctrinal standards and discipline of Th& Mtrthodist
Church.
bl Any charitable purpose lor the time being of any Connexional. District. Circuit. local or other
organisation of The Methodist Church-
cl Any charitable purpose lor the time being of any society or institution subsidiary or anciltary to The
Methodist Church..
dl Any purpose for the time being of any charity being a charity subsidiary or ancillary to The Methodist
Church
Worshipping God through prayer. song and other acts of worship including the organi3ation
and resourcing of regular public acts of worship open to members of the church and non-
members alike
The teaching of Chrislianity through sermons. courses. 8nd sm811groups.
The resourcing of pastoral work includingvisiting the sick and bereaved.
Taking rtsligious assemblies in loeal sehools.
Promotion of Christianity through the staging of events and sèrvices.
Working with local groups io improve and benelit the communities in which we Ilve
Provision of chaplaincy services to ihe local university 8nd other institutions.
Public Benefit
The Leeds South & West Circuit meets the definition of o public benefit entity under FRS 102. Assets
and liabililies are initially recognised at historical cost or transaction v81ue unless otherwise Stated in
the relevant 8ccounting policy note.
Structure, Governance and Management
The goveining document lor the circuit is ihe Deed ol Union119321 and Methodist Church Act119761.
Detailed governance arrangements are outlined within the Constitutional Practice and Discipline of the
Methodist Church by order of the annual conference ICPDI. All Goveinance Documents can be found
online at the Methodist Church of Great Britain Website
Dayto day managementofthe circuit is undertaken bythe Circuit Leadership Team alongwith the Local
Preachers, Meeting, the Circuit Governance Committee, and the Circuit Meeting.
Trustgg Tralnlng
A range of guidance produced by Methodist Connexion to support the effective running of the circuit,
specifically the leaflet 'The Role ol a Trustee in The Methodist Church. is made available to all new
Circuit meeting members as induction to their role as trustees as well as th8 current charity
ommission 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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Chur¢he$ within Leeds South & Wo$t Cir¢uit
Adel Methodist Church
Beeston Hill UFC ILEP-will be under URC trusteeship from Sep 251
Central Methodist Church
The ChLJrch in Farsley ILEPI
The Grove Methodist Church
Headingley Methodist Church
Highlield Nethodist Church
Hyde Park Methodist Church
New Whingate Methodist Church
The Church in Rodley ILEPI
St Andrew's Methodist Church. Beeston
St Andrew's Methodist Church. Pudsey
St John's M8thodist Church
St Mark's Methodisl Church
Trinity 8ramley Methodist Church
Risk Management
The major risks have been identified and recorded in our risk register. There is a regular annu81 review process
undertaken.
Income 8nd Expenditure is being monitored and is eompared with the approved annu81 budget on 8 half
yearly bosis to detect Irends as part of the risk management process to avoid unloreseen calls on reserves.
There is 8150 a crisis contingency amount included within the reserves pO￿¢y.
The m8in risks are 8s follows:.
The fragile nature of ihe churches financially that support us.
The aging demographics of the church people.
The dependence on volunteers for oui work.

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Safeguarding
Every person has a value and dignity which comes directly from Ihe creation of male and fem81& in God's
own image and likeness. Christians see this potential as fulfilled by God's re-creaiion of us in Christ. Among
otherthinESthis implies a dutyto value all people as bearingthe image of God and therefore to protect them
from harm.
Methodist Connexional pr8Ctice outlines commitment to the following principles-
the c8re and nurture of. and respecrful pastoral ministry with. all children. young people. and edults
the sefeguarding and protection of all children. young peopte and adults when they are vulnerable.
the establishing of safe. caring communities which provide a loving environment where there is
informed vigilance as to the dangers of abuse.
We will carefully select and train all those with any responsibilitywithin the Church, in line with Safer
Recruitment principles, includingthe use ol criminal records disclosures and registration with the
relevant vetting and barring schemes.
We will respond without delay to every complaint made which suggests that an adult, child or young
parson may have been harmed, cooperating with the police 8nd local authority in 8ny investigation.
We will seek to work with anyone who has suffered abuse, developing with them an appropriate
minislry of informed pastoral care.
We will seek to challenge any abuse ol power. especially by anyone in a position ol trust.
We will seek to offer pastoral care and support. including supervision and referral to the proper
authorities, to 8ny membtsr of our chureh eommunity known to have offendèd against a child, young
person or vulnerable adult.
In all these principles we will follow legislation. guidance and recognised good practice.
The Leeds South & West Circuit commits itself to ensuringthe implementation ofconnexional Safeguarding
Policy, government legislation, guidance, and safe practice in the circuit and in the churches.
The Leeds South & West Circuit commits iiself io ihe 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 well8re ol ehildren 8nd 8dults who may be vulnerable.
Reserves Policy
The Reserves Policy lor the Circuit IS 8tt8ched at ihe end ofthis document. We confirm that it is suff icient to
meet any unforeseen item of major expenditure on manses and l or to be able to continue, in the short term,
funding planned activities in the event of ary inabilityto raise the full Circuit Assessm&nt from churches.
Policies
The following additional policies have been formolly adopted by the trustees and continue to be reviewed
Disciplinary & Dismissal Procedure
Equality Diversity Inclusion
Conflicts of Interest
Safeguarding and training Policies
Grievance Procedure
Flexible & Hybrid Working
Health & safety
Redundancy
Finance Framework
Lone Workers
Photography. recording & CCTV
Survivors of abuse
Social Media & Wi-Fi
Workingat Heights
Anti-Harassment & Antibullying
Lay Staff Training and Pay policy
Anti bribery & Whistleblowing
Safer recruitment

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## **LEEDS SOUTH & WEST METHODIST CIRCUIT** 

## **INDEPENDENT AUDITOR'S REPORT** 

## **TO THE TRUSTEES OF LEEDS SOUTH & WEST METHODIST CIRCUIT** 

## **Opinion** 

We have audited the financial statements of Leeds South & West Methodist Circuit Charity 31 August 2025 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). 

In our opinion, the financial statements: 

- 31 August 2025 and of its incoming resources 

- and application of resources, for the year then ended; 

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and 

- have been prepared in accordance with the Charities Act 2011. 

## **Basis for opinion** 

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. 

## **Conclusions relating to going concern** 

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity concern for a period of at least twelve months from when the financial statements are authorised 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 statements and our auditor'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 conclusion thereon. Our responsibility is to read the other information and, in doing 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 to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. 

We have nothing to report in this regard. 

## **Matters on which we are required to report by exception** 

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion: 

- the information given in the financial statements is inconsistent in any material respect with the trustees' report; or 

- sufficient accounting records have not been kept; or 

- the financial statements are not in agreement with the accounting records; 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 METHODIST CIRCUIT** 

## **Responsibilities of trustees** 

As explained more fully in the statement of trustees' responsibilities, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity tinue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to cease operations, or have no realistic alternative but to do so. 

## **Auditor's responsibilities for the audit of the financial statements** 

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder. 

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. 

www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report. 

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## **LEEDS SOUTH & WEST METHODIST CIRCUIT** 

## **INDEPENDENT AUDITOR'S REPORT (CONTINUED)** 

## **TO THE TRUSTEES OF LEEDS SOUTH & WEST METHODIST CIRCUIT** 

Extent to which the audit was considered capable of detecting irregularities, including fraud Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in misstatements in respect of irregularities, including fraud. 

We obtain and update our understanding of the entity, its activities, its control environment, and likely future developments, 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 statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, 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 applicable laws and regulations, including fraud. 

In response to the risk of irregularities and non-compliance with laws and regulations, including fraud, we designed procedures which included: 

- Enquiry of management and those charged with governance around actual and potential litigation and claims as well as actual, suspected and alleged fraud; 

- Reviewing minutes of meetings of those charged with governance; 

- Assessing the extent of compliance with the laws and regulations considered to have a direct material effect on the financial statements or the operations of the entity through enquiry and inspection; 

- Reviewing financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations; 

- Performing audit work over the risk of management bias and override of controls, including testing of journal entries and other adjustments for appropriateness, evaluating the business rationale of significant transactions outside the normal course of business and reviewing accounting estimates for indicators of potential bias. 

- Performing audit work over the timing and recognition of revenue and in particular whether it has been recorded in the correct accounting period. 

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-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-compliance.  The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. 

## **Other matters** 

Your attention is drawn to the fact that the charity has prepared financial statements in accordance with "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) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. 

This has been done in order for the financial statements to provide a true and fair view in accordance with current Generally Accepted Accounting Practice. 

## **Use of our report** 


trustees as a body, for our audit work, for this report, or for the opinions we have formed. 

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## **LEEDS SOUTH & WEST METHODIST CIRCUIT** 

## **INDEPENDENT AUDITOR'S REPORT (CONTINUED)** 

## **TO THE TRUSTEES OF LEEDS SOUTH & WEST METHODIST CIRCUIT** 

Auditors 

Azets Audit Services Limited 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 Act 2006. 


**Azets Audit Services Limited Statutory Auditor** 

**12 King Street Leeds LS1 2HL** 

20 March 2026 | 16:22 GMT Date: ......................... 

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Docusign Envelope ID." AE14B3DE-3B2F4SAF-B22A-06C6CF60507F
2024/25
Methodlst Circuit
Leeds South & West
Methodist Circuit
Accounts
For the year ended 31st Aug 2025
(Accruals Basis)
Charlty Number 1129529
Dlstrlct: Yorkshire West 27
Clrcult: Leeds South & West 01
Minlsters
Rev Jo Lightowler Isuperintendentl
Rev P Brazier, Rev K Hunt Inon-stipendiaryl. Rev M Onyett. Rev R Ward, De8con G Austin-Bride
Lay Employees
Mrs A E Hartley. Miss H C Boocock. Mr P Metcalfe
Stewards
Miss V A jackson ISenior}, Mrs K Buller, Mr P Cordwell, Prof E Linfieid,
Mr P Maud, Dr R Moore, Mrs E Smith. MrsJTaylor. MrSWesterm8n. Miss A Wilks
Treasurar
Miss H C Boocock

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Statement of Financial Activities
Lccd- South & Wcst McthodiDtCircuit
For the year ended 31 August 2025
A¢¢ouni Name
24125
23124
Statomwt ol Fln¥nclalA¢tlvltlo8
Chariiabl¢ In¢om•
3. Donations & Legacl88
4. A¥$•8$m•nt$
943.211
345.775
11.443 850.000
400
943,611
345,775
928,548
24,124
48.843
246 2￿,901
175
367.623
85,360
22,502
26.004
601,664
0 86.954
0 24,124
37.326
11.423
1W7,766 8611,000 11A23 91.478
151
6. Income from Lellings
7. Investments
Total Chariiablo Ineom•
Charltabl• Exp•ndltur•
8. stI￿n￿$ & Salarl88
9. Connexional A558ssments
10. Telephone & Tr8v81
11. Insurance & Vtiliiies
12. Malnten8nc8 ol M8n8e8
13. Church85 under Clrcuit Trusteeshlp
14. 881J& Doubtful Debt•
l >. bupport Li)$t3
16. Grants & Donations
17. Di4trict A￿￿nc9 Fund
Tuwl ¢li¥rli4ts1¥ Exy¥iidlwi¥
265.132
91.200
7,367
24,501
54.559
265,132
91.200
7,367
24,501
54,559
50.636
12,0011
255.114
89.268
6.358
27.178
12,450
43.739
23.653
Iby,iy>
42.990
2,579
•72,)20
0 50.636
12,0011
4U.112
13,440
U Jl>.lYI
0 30,C
3.002
21
43.440
3,002
a)3,172
494.Jl0
27
Net Incom•lE
•ndlturè
.776
40.842
218 1J97.730
170.85
Tr8nsfers b8tW8en Funds
518.110 1550,0th)1 25.715 6.263
Subtotsi
19. OalnB and ios•e
1a61,$55 300,000 (311,0611 47.105
131 1397,730 1170.85
Gulnlloys- FlxEd Assets
Gainlloss- Invèsimèni A$s8t8
N•t MDvarnont In Fund*
0 320,100
196
320,100
2,578
100.000
21.022
2.381
Nei Movementin Funos
Balances 6rought Forward
TotAI Fund$ egrrled forward
47.lQb
131 1.7ZU,4tI¥
I￿,￿J4
528.569 2990.606 110.0￿ 95.682 2.010 3.726.903 3.776,738
Balances c8rrled Forward
1A92A06 3290.806 119272 142.787 2.141 SA47J11 3.726.903
14

Docusign Envelope ID." AE14B3DE-3B2F4SAF-B22A-06C6CF60507F
Balance Sheet
Leeds South &West Methodist Circuit
As at 31 August 2025
Aeeount
24125
23124
Fixed Assets
T&nglbloAs88t8
Ciiknuil Mdii
Churches ￿nder Circult Control
Invlstrnent PiLwrties
Investrnonts
28 Tvt•l Flxgd A•••t¥
1.700.606
1,5￿.000
0 1.700.806 1.880,808
0 1.590,OC#)
990.000
120,000
242.487
138A79 106h86
Sh29MS 106WG
245.065
0 3WS,671
Curront A$sot$
Debior$ & Prep8ymeni$
Tru¥itttt¥ lor Meihodl¥i Church Purposes
20
22
15.779
12.207
27.986
958.373 12,085
0 1010
971.068
888.911
0 130,$80 131 1.019.621
58.335
58,335
1J1•Jg8 12M6 142,787 %141 2.077.010
17.065
8.270
612,123
62.556
698.01•
CFB
Cash at b8nk and in hgnd
TotAI Curr•ntAB••ts
Cr•dltors: duèwlthln 1 yr
Credltor$ & Aecruals
21
gS.370
95,370
30,000
104209
30,000
Grants agreed < 1 year
N•tCurr•nt A•••t•lLboblUW
1,794,027 12M85 142.787 1141 1.951,640
$83M10
Tot•lA¥••t• l••• Curr•ntLl•blUII
5223.112 119272 142.787 1141 5A87.311 3.796.903
Cr•ditors: due after > 1 yr
Grants agreed > l y68r
21
40,000
70,000
N8tAs••ts
5.183.112 119272 142,787 1141 5A47.311 3.728M03
Fund¥ of tho Clroult
Total Funds Hold
Proflt and io•s account
Openlng Bal4nu¥
General Funds
Circuit M¢xlel Trust Fund
Designated Funds
Rp.qirir.1g.d Fijndq
TotalSOFA BroughtForward
Nel Changes In Funds
TotslTotalFunds Held
3.$19.17S
0 110,036
0 3.519,175 3.$69.010
110.036
110,036
95,682
95,682
95.682
n ?.n1n
?.r)1n
?.n1n
3J19,175 110m8 95,682 1010 3,728,903 3,776,738
1,663.937
9.235
47,105
131
1.720,408
149,8341
5.183.112 119372 142.787 1141 5A47J11 3.726￿3
Accounts approved at Trustees meeting dated 1613126
Signed:
(Trustee)

Docusign Envelope ID." AE14B3DE-3B2F4SAF-B22A-06C6CF60507F
Leeds South & West Methodist Circuit
Statement of Cash Flowsforthe Year Ended 31stAug2025
24125
23124
Cash flows from op•ratinga¢tiviti•s:
27 Net cash provided by (used inl operatinEacllv￿es
449.127 1160.2491
Ca•h flgw• fmm inw•lin¢•¢ti¥iti••-
Dividends and ifflerest income from Irwestments
Proceedsfrom sale ofinvestments
Income Irom Letting
S819 of fixed asset8
￿#h Pro￿￿¥￿ by(u$￿1 In) Inw¥tln8a¢tl￿15
48.843
26.￿4
27.LY11
870.100
918.943
350.000
403,(X16
Chgnge incg$h and cosh equwolents inthe year
Cash and cash equivalentsatthe bewnningolthe year
C••h •nd •qul¥•l•nt¥ •tth• •nd ol th•y••r
1,368.070
680.955
2,049,024
242.756
438.198
680,955
C•#h And ￿8h •quival•ni In¢lud•:
Shortterm investments
Cash at bank
Totslc••h and c•8h •gu5vai•nt•
1,990,689
58.335
2.049.024
618,399
62.556
880.956
The charity had no debt during the current or previousyear

Docusign Envelope ID." AE14B3DE-3B2F4SAF-B22A-06C6CF60507F
Leeds South & West Methodist Circuit 27101
Year ended 31 August 2025- Notes to the Accounts
1. Basis of Accounting and Accounting Policies
al A¢¢ountlng Standard
The accounts have been prepared in accordance with the Charities Act 2011, FRS 102 "The
Fin8neial Reporting Standard applicable in the UK and Republic of Irtsland- I'FRS 102.1 and the
Charities SORP "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 IFRS 1021" leffectiv& 1 18nuary 20191.
The financial statements have departed from the Charities (Accounts and Reports) Regulations
2008 only to the extent required to provide a true 8nd fair view. This departure has involved
following the Statement of Recommended Practice for charities applying FRS 102 rather than the
version of the Statement of Recommended Practice which is referred to in the Regulations but
whieh has since been withdrawn.
bl Public Benefit Entity
The Leeds South & West Circuit meetsthe definition of a public benefit entityunder FRS 102. Assets
and liabilities are initially recognised at historical cost or transaciion value unless othewise stated
in the relevant aecouniing poliey notelsl below.
cl Basls
These accounts have been prepared on the bosis of historic81 cost except that investments are
shown at their market value ai ihe end of the year. The acciuais basis has been used and trustees
presenl accounts that show a Irue and f8ir view of the Circuit's fin8ncial position and activities.
dl Content
The fin8nci81 information presented is relev8nt, reliable. comparable, and complete. Where
estimates are used these 8re based on experience, rese8reh. and judgment. The 8ecountS 8re
expressed in £Sterling, rounded to the nearest pound.
01 Golng Conearn
Based on the monetary assets and human resources av8i18ble 8t the end of th& ye8r, the trustees
believe that the Circuit is a going concern
Consolldatlon
The Circuit has denomination81 regulatory oversight in respect of the work of the churches within
the circuit but has no legal or operational control ol those churches and their governing bodies
except in extreme circumstances. For this reason. the financial stalemenls of churches within the
circuit are not consolidaied inio these financial statements.
gi Incorne Recognition
Income is brought into account when there is entitlement, and the amount is reliably me8sur8ble
once it is more likely than not that the economic benefit of the income will be forthcoming.
Individual amounts categorised as'othei income. in the SOFA will be shown separately if they are
considered material.
The Circuit acts as Agent in three matters

Docusign Envelope ID." AE14B3DE-3B2F4SAF-B22A-06C6CF60507F
the collection from Churches and payment over of their contributions to various Funds
controlled and administered by the Methodist church-'Connexional Funds,
the administration (application. collection. and disbursement) of grants requested by
Churches within the Circuit frorn. 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 ere the income of
either the connexion or church as appropriate. Instead. the transactions are disclosed in the Notes
to the Aceounts as rtsquired by SORPIFRS1021, module 19.12.
In accordance with the Charities SORP IFRS1021, th8 lime of volunteers is not iecognised. If goods
are donated. a value will be shown in the SOFA or Notes where a value is considered material.
hl Expendltura
This is recognised when a liability is incurred. or a constructive obligation arises. where the amount
is reliably measurable, and it 1$ considered more likely than nol thÉt thère will be 8n outtlow of
economic benefit.
11 Grants & fixed term appointments
Grants made by the Circuit from its own funds are recognised in full at the time of agreement to
make a grant or when the Circuil accepts that there is a legal or operational obligation to make the
payment if it subject to performanee conditions. When the grant is recurrent over more than onè
year the balance payable in fulure years is tie8ted as a provision for future commitments in ihe
Bo18nce Sheet against Ihe appropriale fund. the provision being released in future years in
accordance with the originally agreed terms. In cases where the granl has been charged lo one
fund but for ease ol payment has been iransferred to another tund any fulur& paymeni provision is
applied to the fund from which the grant will ultimately be p8id. Salaries agreed for fixod term
employèes are also treated 8s such and a provision will be made.
11 VAT
Since the Cireuit is not VAT regi$tered. all input VAT is ¢h8rged with the expenses to which it refers.
kl Tanglble flxed 8$$et8 for use by the Clrcult
These are capitalised if they can be used for more than one year and individually ¢05t at le8St
£1,000.
The freehold property andlor long leasehold resident181 property is shown in the accounts at
deemed historical cost representing each property's gross carrying value as at 1 September 2015.
No depreciation is provided on the building because the trustees consider the current residual
value of the property in its present condition to be not less than its historic81 cost and. in the
absence of any evidence of impairment. any depreciation provision for the building component of
the property would be immaterial.
From time to time the Circuit m8y be required to assume responsibility for church premises
following closure and cessation of worship. This results in the Circuit becoming ManaginE Trustees
of the property. At that time, the property is recognised as an asset at its anticipated sale price as
determined by professional valuation. Any expenditure on such 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 expen¢Jiture is incurred. 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 h8S
made use of the deemed cost option on transitioningto FRS102. as outkn.ned above.

Docusign Envelope ID." AE14B3DE-3B2F4SAF-B22A-06C6CF60507F
l} Monetaryinvestmenl$
The Circuit's investments are in monetary assets classified as basic financial instruments under
FRS102 and are held bythe Trustees for Methodist Church Purposes ITMCPI as Custodian Trustee.
The valuation, at market value, ale those provided by TMCP. The unre81ised gains arising on
investments at the end of the year are shown in the SOFA.
ml Investment Propertlos
From time to time the Circuit may hold residential property (formerly manses) which is surplus to
its normal staff ing requirements. Where this is the case and it is anticipated that the property is
unlikely to be used as a manse within a period ot 2 years. the property is classed as Investment
Property (whether let out or notl and lets are at market rates unless there is a compelling reason
not to do so in furtherance of the Circuit's charitable objectives. Any such eases ar8 specified
within the accounts.
nl Receivables and Payables: Bank and Cash (Basic Financial Instrurnentsl
Debtors are stated at the amounis owed to ihe Circuit or piepaid. Creditors are iniiially recognised
at settlement amount after any trade discounts. where normal credit terms apply. or the amount
advanced to the Circuil. Subsequently creditors that are cuirent liabilities are measured at the
cash or other consideration expected to be p8id. The liquid funds of bank b81ances and deposit
fund balances are shown at their re8lisable values.
ol MethodSst Connoxlonal Funds
The Methodist Church Connexion raises assessments against circuits, and these ore paid quarterly
to their districts. The eircuits raise assessments against Churches in their eireuit. The district
quarterly remits the sum received from the circuits. The district reiains a portion from this circuit
assessment to meet its own cosl is and listed separately to the ¢onnexional lot81 in thes8
accounts. The circuit 8CtS as Agent for ad hoe collections for various funds controlled 8nd
administered by the Methodisi Church and these are detailed in the Related Partl8s section.
pl Funds
The trustees have adopted a policy for all unrestricted reseN8s which is 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 is categorised 88 unreslricted. Restricied funds which are held for a n8rrower specified
purpose. Designated funds are for earmarked projects but can be reallocated according to
priorities. We have no Endowment funds. Details of each materi81 fund are disclosed in the
accounts. Any funds may be represenied by more than just Cash.
ql Mlnister's Manse Costs
The Circuit is required to provide accommodation for each minister in the circuit and their families
and this is seen as a benefit to the circuit. Ministers are expected to occupy the manse provided for
them. The circuit bears the costs of repairs, maintenance, buildings insurance, council tax and
water charges. These figures are not sep8rately disclosed as benefils-in -kind for ministers as
HMRC does not seek to tsx these receipts in the hands of ministers.
rl Subsequent Eventy
Events afterthe reporting period.. An event. which could be favourable or unfavourable, that occurs
between the end of the reporting period and the date that the financial statements are authorised
for issue.

Docusign Envelope ID." AE14B3DE-3B2F4SAF-B22A-06C6CF60507F
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 appropriete.
Non-adjusting event- An event after the reporting period that is indicative of a condition that arose
after the end of the reporting perio¢J.
2. Glossary of Terms
CFB: Central Finance Board ol the Methodist Church manages a Common Deposit Fund and a series
of pooled investment funds for Methodisi entities in Great Britain and provide investment advice to
those entities.
Church: a group of membersfrom ￿1vet0 more than three hundred.
Clrcult: A group of Methodist Churches and Local Ecumenical Partnerships with a methodist
component in a geographically defined area. typically between 10 and 30.
Ircult Meeting: The Trustees of the Circuit. most of whom are appointed by their local Churches and
others by virtue of a role they undenake for the Circuit 8nd/or local Churches.
CLT: Circuit Leadership Team.. A group (comprising mostly. but not exclusively) of Circuit Trustees
responsible for the day-to-day administration and policy formulation of the Circuit. The CLT cornprises
the Presbyters and Deacons stationed within the Circuit. The Circuit Stew8rds. including 8 finance
steward and the Lay employees.
CMTF: Circuit Mod81 Trust Fund.
Connexlon: The Methodist Church in Great Britain which includes the Head Off ice in London, 811
Methodist Districts. Circuit and Churches in Great Britain.
Connexlonal Funds: The Designated 8ndlor Restricted Funds held 8nd administered by tha
Connexion in furtherance of its chariiable and mission objectives.
De8¢on: A Deacon is an ordained role within the Methodist Church and a religious order. It is 8 way of
life which expresses the servant ministry of Christ by the whole people of God to the world. Deacons
exercise caring, pastoral, evangelistic and ouireach ministries in accordance with their gifts.
D18trl¢t: a group of contiguous Circuits. usually between 15 and 30.
FRS: Financial Reporting Standard.
HMRC: His Majesty's Revenue and Customs
Lay Employ98$: Personnel employed by the Circuit on accepted commercial employment terms.
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 financial and govein8nce structures and may
vary in detail trom Partnership to partnership.
MMPS: Methodisl Ministers. Pension Scheme.
Pensions Trust: The organisation throu0) which the Circuit aNanges a pension scheme for its lay
employees.
Prasbyters Ilncludln8 Supgrlnt8ndont}: Probationer or Ordained Methodist Minister who have
pastoral and 8dministr8tive responsibilityfor the Churches within a Circuit. They 8re 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
responsibility for overseeingthe running of the Circuit.
SOFA: Statement of Fin8nci81 Aciivities.
SORP: Statement of Recommended Practice.
Stipend: A regular tixed sum paid to ordained 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 property, including legacies, Endowments and Accumulat&d Funds.
20

Docusign Envelope ID." AE14B3DE-3B2F4SAF-B22A-06C6CF60507F
Donations & Legacies
A legacy was received as well as donations towards postal costs 8nd circuit resources provided.
Account Name
General CMTF
Desi
Res
24125
23124
Don8tions & Legacies
Legacies & Bequesis
Donations & Collections
Total
942.186
1.025
943211
942.186
1.425
943.611
400
175
175
Assessments from Churches
In 2024125 the ciicuit had 15 churches. Each is assessed for a contiibution to meet the overall net
costs of the circuit. Known income from Other sources is taken inio account. The circuit continues to
reassess contributions by membership and ielative financial strength, in order to share ihe costs as
fairly as possible. The plan also allows for s8vings to be used to help manage change. 2 churches
transferred to Circuit trusteeship in 24125 and the budget has taken this into account.
Account Name
General CMTF
Desi
Res
24125
23124
Agsegsmentsfrom Churchos
Adel
8eeston Hill
Centr81
FarsLey
The Grove
Headingley
14,133
15,299
11,922
14,744
62,311
34,399
14.133
15,299
11,922
14,744
62.311
34,399
14,524
13,846
21,SOO
3,800
24,525
33.920
8,155
14.862
40.(109
17,826
345.775
13,333
14,631
11,247
14,744
58,503
32,452
14,584
13,062
20,000
3,620
23,269
32,000
7,693
14,862
37,745
55,877
367.623
11
Highlield
Hyde Park
Newwhingate
Rodley
StAndrew's, Beeston
StAndrew'$, Pudsey
Stlohn's
St Mark's
Trinity, Bramiey
Closed Churches
Tot8L
14,524
13,846
21,500
3,800
24,52S
33,920
8,155
14,862
40,009
17,826
345.775
Other Charitable Activities
Some finalfunds from the closure of Cookridge and Hunsletworshipping communities were received
and the church buildings moved into Circuit trusteeship. The Circuit Off ice acts as treasurer for Adel,
St Andrew's Pudsey, Farsley, St Marks & St john's foi which a charge is made. Youth is the cost of the
3 generateweekend. Sales income represents bulk-buyinglresellingto churchesfor regular resources.
Benevolence funds for the relief of poverry were passed from a closing church and income towards
training was received.
21

Docusign Envelope ID." AE14B3DE-3B2F4SAF-B22A-06C6CF60507F
A¢count Name
General CMTF
Desig
Res
24125
23124
OtherCharStableA¢tivltles
Property Received intoCir¢uit
Closed Church baLances
Circuit Finance Support Income
Youth Income
Sales Income
Benevolence Income
850.(M)O
6.251
2.400
2.041
850.000
73.205
2.400
2.041
66.954
4.914
1,800
1.300
520
151
151
Other Revenue
Pension Reserve Fund
Total
70
70
76,286
85,360
861.443
151 928.548
Income from Lettings
Cookridge & Hunslet premises still offer community space and rent81 has been p8id for this use. The
Woodside tenant has left.
Account Name
General CMTF
Desl
R88
24125
23124
Income from Lettln
Cookridge
Hunslet
Woodside
TotoL
17.329
6.795
17.329
6.795
22,502
22,502
24.124
24.124
Investments
Interest and dividends received on cash and investments. The circuit is cuiiently taking investment
advice regarding its incre8sing funds.
Account Namo
General CMTF
Dosi
24125
23124
Investment Income
Interest Income
34,808
9.178
2,518 2,245
37.326 11.423
44.080
4,763
48,843
20,113
5,892
26,004
Dividend Income
Total
Stipends, Salaries. NIC & Pensions
The Superintendent and the other presbyters are considered Key Management personnel. The
members of the Circuit Meeting Are the trustees of the charity. No ernployees received benefits of
more than £60,000. There is no accrual for holiday pay as it is immaterial. Holidays for ordained staff
ends 31 st August. All staff are paid at or above the livingw8ge. Stipends were paid to 4 presbyters
and 1 Deacon who were all full time. Salaries weie paid to 2 part time administratoi$11.4 FTEI. 1 part
time Minister lives in a m8nse, draiNS no salary 8nd only claims tr8vel & expenses- this arrangement
ended in Dec 2024.
22

Docusign Envelope ID." AE14B3DE-3B2F4SAF-B22A-06C6CF60507F
Most ordained people are members of the Methodist Ministers, Pension Scheme IMMPSI. This is a
defined benefit scheme. The Connexion accounts for this in the annual Methodist Church in Great
Britain accounts.
A defined contribution pension scheme in place for lay employees. Employers contribute 6% and
employees from 2-6%. to avoid multiple schemes. some churches moved their people onto our payroll
and share central administration. We Currently deal with the payroll and pensions for employees
based at The Grove. St Andrew's Pudsey, Adel. Farsleyand Headingley. We administerthe HR and pass
the payment back to churches for reimbursement. These salary figures are not in the accounts except
in the "collectedlreceived tor others" total and amount to £67.252. Cookridge and Hunslet employees
are now under Circuit trusteeship. FfE- Full time equivalent
Account N8m8
General CMTF
Desig
Ras
24125
23124
Stlpends & Salarlas
Mlnisters
Ministers Stipends
Pension Costs
Ernploy8rs Nation81 In8ur8n¢&
Computers lor ministry
Ministers Expens83
Apprenticeship levy
TotaL Mlnlster•
Lay Employees
S818ries
Pension Costs
EmployÈrs N8tion81 In$ur4n¢e
Apprenticeship Levy
Payrou Expens8S
Total LayEmployee8
Tot8L
158.202
31,020
17.177
1,035
591
730
208.755
158.202
31.020
17.177
1,035
591
730
208.755
148,104
39,059
14,306
970
921
750
204,110
448,221
2,748
4,575
258
576
48.221
2.748
4.575
258
576
56.377
265,132
44,165
2,588
3,441
234
576
51,004
255,114
265,132
Connexional Assessments
The District Assessment is calculated relative to the proportion of church members and ordained
staff ing levels across all circuits in the District. The Methodist Church Fund is also calculated similarly
and collected by th8 District to pass to the Connexion.
Account Nam
G•n•ral CMTF
D•si8
R•s
25
23124
Conn•xionalAssè55mènts
Methodistchurch Fund
74.652
16.548
91200
74.652
16.548
91,200
72,344
16,924
89,268
DistrictAssessmeni
Tot8L
23

Docusign Envelope ID." AE14B3DE-3B2F4SAF-B22A-06C6CF60507F
10. Telephone & Travel
The Circuit provides or pays for 1 broadband and phone connection for each ordained member of staff.
Where possible. this is provided directly to avoid a tax liability for the individual. but some are Claimed
through expenses. The office at Wesley Road also has phone and broadband and the property
aretaker has a mobile. Travel is reimbursed at standard Inland Revenue rates.
Account Namo
G¢nor•l CMTF
Do$1
Ro8
24125
23124
Telephone & TravoL
Ministers
Telephone & Internet
Travel
Lay EmpLoyees
Telephone & Internet
Travel
TotoL
3.133
2.578
3.133
2.578
2.260
2,653
1.628
28
7,367
1.628
28
7,367
1.443
6,358
11. Insurances & Utlllty Costs
The Circuit owns 6 monses to house their ministers. 1 is currently empty but due to house a Deacon
for the City Cenlre in 25126. Rental will be received lor this use as the work is funded and coordinated
by th8 District. The previous 7th property, Frgser Avenue was 301d during the year as part of o
repl8cement scheme.
Account Namg
General CMTF
De$1
Rgs
24125
23124
Insurance & Utlllt Costs
CouncilTax
Insuranc$
Water
Light, Power, He8ting
Total
manse8
13,594
6,652
3,286
968
24.501
13,594
6.652
3,286
968
17,375
7,740
3,182
24.501
27.176
12. Maintenance on Manses
£3000 per manse on average is budgeted yearly in the assessment lor repairs but may not be equally
sed. Additionally. É30.000 is designated from reserves for more major repairs and quinquennial work.
Whitecote Hill had significant work to upgrade the property for luture use including roof repairs and a
new kitchen. Swallow Close had a new Boiler and Chestnut Drive also required roof repairs.
24

Docusign Envelope ID." AE14B3DE-3B2F4SAF-B22A-06C6CF60507F
Account Name
General CMTF
Desig
Res
24125
23124
Malntenanceon Manses
Kitchen Replacement
Roof Repairs
Internal Decoration
Carpets & Curtains Replacement
Plumbing & Heating Repairs
Boiler Repiscemeni
Garden, Fence. GLrtter repairs
Alarm Maintenance & Repairs
Gas & Electric Inspections
Window & Door Repairs
ManseAdaptations
Mise Repairs
Electrical Repairs
Bathroom Replacement
External Repairs/Decoratson
Appuance repairlreplace
Total
14.200
13,092
7.151
6.LM)3
5.740
2.762
1.893
1.576
938
576
14.200
13.092
7.151
6.003
5.740
2.762
1.893
1.576
938
576
2,746
2.750
1,108
666
696
210
140
45
140
45
260
370
3,015
498
131
12.450
54.559
13. Churches under Circuit Trusteeship
Lower Wortley Church Building was sold in May 25. Woodside Chureh is on the market. Wesley Road
is being used by the circuit for office space and other aciivities 8nd meeiings. It is 8096 owned by the
Methodist Church and 20% bythe Baptist denomination. Hunslet congregation has ceased to meet
but the building is used bythe community and we employ a c8rei8ker. Cookridge moved to our
accounts in Nov 24 and houses 8 pre-school as well 88 Other user groups. Cookridge is for sale.
Account Nam•
General CMTF
Desl
Res
24125
23124
Churches under ClrcultTvuste¢shlp
Hunslet Methodistchureh
Cookridge Methodist Chur¢h
Wesley Road Chapel
W¢)odside Methodist Church
LoweTWortLey Methodistchurch
Tot8L
20,809
12.805
8.368
6.285
2,369
50,636
20.809
12.805
8.368
6.285
2,369
50,636
3,979
27,315
12,444
43,739
14. Bad & Doubtful Debts
Partial refund from Cottingley Community Centre received which was previously marked as doubtful
Account Nama
General CMTF
Desi
R88
24125
23124
Bad & Doubtlul Debts
Recovered Funds
TotoL
12.0011
12.OQ11
12.0011
12.0011
23,653
23.653
25

Docusign Envelope ID." AE14B3DE-3B2F4SAF-B22A-06C6CF60507F
15. Support Costs
Connexional and property levies are taken from property sales on a sliding scale. Governance Costs
includes church Imanse quinquennial inspections. surveys. tegal and account inspection fees
Admin is mainlythe office costs of printing and purchases of materiats. It includes Safeguarding costs.
and website maintenance. Youih charges are the costs of the 3 Generate weekend. Training &
resources represent training our staff and volunteers and the materials needed to do this or add to our
resource library. Preaching expenses are travel expenses and. where applicable. the set fee due to
supernumerary minister preaching appointments. Citizens is the fee to be part of this charity that
works for improvements in society. The Grove is the on-going charge for the use of their carpark space.
Bank charges - TMCP, the custodians of the eireuit's investments charges are bas8d on the value of
the individual funds at the beginning of the year. CAF bank also has monthly charges each month.
Purchase costs are th8 bulk purchasing of iternslor churches to minimists costs to them. Benevolenets
Payments are discretionary funds to relieve hardship, paid to individuals or charities who are in need.
Up to 1.5% of the general balance may be used if required rf a balance is not held.
Aceount N#m•
G•n•ral CMTF
D•sl
24125
23124
ort Costs
Connexional& Property Levies
Gtsvèrnan¢¥ Costs
Admin
Training & R8$our¢es
Preaching Expenses
Citizens
Occupational Health Costs
IT Purch88eslrepair
Car Parking -The Grove
Bank Charges
Youth Expenses
Misc Expenses
Pureh8s6 Costs
Benevolence Payments
Total
290.174
21,031 24.665
4,419
3,439
3,016
2,100
1,832
1.069
l.thjo
599
290.174
45,696
4.419
3.439
3,016
2.100
1,832
1.069
1.000
112,926
38,430
5,782
1,189
2,493
2,000
1,000
836
358
930
398
398
280
21
21
27 355.336
40.112 315.197
169.195
16. Grants & Donations
When a grant h8s been agreed. 8 provision is made for its P8yment if not P8id immediately. A grantwas
made towards a Youth worker based at Trinity Methodist Church over 3 years1£I0.000 x31
Account Name
General CMTF
Desl
Res
24125
23124
Grants & Donatlons
Agreed Grants notyet paid
Grants pald
Grant- The Grove
Grant- St Marks
Grant- Headingley
Grant- Newwhingate
Grant- Hyde Park
Total
30.000
30.000
12.800
640
12.800
49)
9,$00
3.000
43.440 42.9
13.440 30.000
26

Docusign Envelope ID." AE14B3DE-3B2F4SAF-B22A-06C6CF60507F
Previouslyagreed grants pald
Ch8pi8incy Year 2 of S
Meanwood- InterAct Year 7 of 10
Trinityyouthworkeryear 1 of 3
Total
General CMTF
10.000
10.000
10.(KIO
30.000
Desig
Res
24125
10.000
10.000
10.000
30.000
23124
10.000
10,000
20,000
17. District Advance Fund
The District Advance Fund is financed by a levy to support District grants to projects. It is calcuiat8d
on all circuits on their CMTF account b8lance as at 31 si Aug in previous accounting year. It is a sliding
SC8lefrom 2.5%to 7.5%
Account Name
General CMTF
Desi
24125
23124
Dlstrlct Advance Fund
DistrietAdvance Fund
3,002
3,002
2,579
18. TransferslAdjustments
Money from propety sales is received into the Circuit Model Trust Fund.
Account Name
Gener•l CMTF
De$1
24125
23124
Transfers
Tr8n3fers be￿een furKJ3
I31,8￿) 25.715
6.263
1881
19. Gains & Losses
Investments are shown at market value
Account N8m•
G•n•ral cl￿F
D•si
R•s
25
23124
Gains and Loss•s
Gainlloss on sale of Fixed Assets
Gainlloss on Revaluation of Irwestments
Total
320.100
196
320.100
2,578
322.678
100,000
21,022
121.022
2,381
2.381 320,296
27

Docusign Envelope ID." AE14B3DE-3B2F4SAF-B22A-06C6CF60507F
20. Debtors & Prepayments
All sums shown as debtors in 23124 were received in the foltowing year apart from the provisions for
bad debts. All sums paid in advance at 24125 were for activities in 25126.
Account Name
General CMTF
Desi
Res
24125
23124
Debtors & Pre
Stipends
Insurances
Assessmeni$
Lettings
Ctsttingley
RentslArrears
Provision for 8ad Dèbts
Total
rn￿t$
14.502
14.502
6.213
1.277
5.994
17.065
6.213
1.277
6,001
17,652
123,6531
17,065
15.779
12.207
27.986
21. Creditors & Accruals
All sums 8ccrued in 24125 will be paid in 25126 unless indicot8d.
Account Name
Genwal CMTF
De81
R08
24125
23124
Credltors & Accrual8
cr￿[torS & A¢crual•
ChurehA$ses8ments
Audit Fee
TotslCrodltor8 & Accruals
Grants agreed- not y¢t pald
Grants agreed < 1 year
Grants agreed > l year
Grants agreed > 1 year
Total Grants agreed > 1 year
TotaLGrEnts
Total
179.3711
116.0001
195.3711
179,3711 186.9891
116.0001 117,2201
195.3711 1104.2091
130.0001
130.0001 130.0001
140,0001
140.¢)001
170,0001
1165.3711
140,0001 170,0001
140.0001 170.0001
170.0001 1100,IXIOI
1165.3711 1204.2091
22. How funds are held
Monetary Balances held at the CFB and Bt CAF bank are all available on demand without loss of
interest. The split of these balances across the funds is arbitrary but where possible bal8nces are not
shown as negative. The funds that support the Circuit Model Trust Fund are held by TMCP in the
Trustees Interest Fund and interest is credited to the account regularly lalong with dividends from the
Equity funds shown in investments above).
28

Docusign Envelope ID." AE14B3DE-3B2F4SAF-B22A-06C6CF60507F
A¢count Name
General CMTF
Desig
Res
24125
23124
Howcash Ss heid
TMCPaccounts
Circuit ModelTrust Fund (fill
General Purposes Wesley Road LEP
F&0 Waters Fund ITIll
Var- Ex Cookridge Ififl
TotalTMCPaccounts
CFB
12.685
12.685
619
2,010
955,753
2.010 971.068
131 1.019,621
440
3,646
619
2.010
619
2,010
955.753
956,3n 12.685
888.911
440
56.282
1,613
1.903.618 12.685
6,276
612,123
253
130.$80
Cash
CAF Main Aeeount
CAF Debitcard account
Total
56.282
1.613
2.141 2.049,024
61,630
672
680.955
130,580
23. Payments to Trustees
Expense paymenis prim8rily relate to ieimbursement for local preaching or trav81 costs apart from
staff costs. 4 trustees were paid preaching expenses compared to 11 in the previous year.
8 people received a s81ary or stipend compared to 718St year.
Account Namg
Gengr•l CMTF
Desi
R•8
24125
23124
Ppyments to Truste
Stipends & salaries Ilesschargesl
Preaching Expen508 - Trustees
Total
263,$6B
1,337
264.%15
263,S68
1,337
264.905
253,554
1,626
255.180
24. Audit Fees
Payments m8de or 8cciued for the cost of the 8udit of the current yeor's accounts
Account Name
General CMTF
Desl
Res
24125
23124
Audlt Fees
Audit&Account8ncyfe$$
Total
17,056
17.056
17,056
17.056
16,000
16.000
25. Collected and passed to others
The Circuit acted as Agent either in the collection or facilitation of the monies below and they do not
form part of the Circuit's accounts. ReLated partytransaction has been paid on and logged as received
directly from the church.
29

Docusign Envelope ID." AE14B3DE-3B2F4SAF-B22A-06C6CF60507F
A¢count Name
Genewal CMTF
Desig
Res 24125
23124
Collected and passed to others
Payments received- church saLqries
Payments made- church salaries
SubtotaL
Payments received lor others
Payments made for others
Subtotal
Connexion8l Funds received
Connexitsn£l Funds passed on
Subtotal
67.252
58,178
167.2521 158.1781
11.624
30,326
111.6241 130,3261
5.802
15.8021
26. Property & Investments
The circuit owns 6 manses.. 1 in occupied by 8 district employee 8nd 1 is unoccupied 8Walting a new
minister. 5 church buildings 8re in circuit trusteeship. These are shown at valuation at time of transfer
into the accounts.
Connexional levies are charged on anysale after É20k120% on the remainder ol the first £IOOk and 40%
on the rest are taken unless funds are for a replacement project). TMCP is the legal owner and custodian
trusiee of all methodisi church property. Equities are reg8rded 8$ medium or long term investm8nis.
Account Namg
Goneral CMTF
Desl
Rgs
24125
23124
Pro
ert & Investments
Manses
Churches
Investrnents
Tot81 Flxad Assot8
1.700.606
1,590.000
138.479 106.586
&429.085 106.586
1.700.606 2.000,606
1,590,000
990,000
245.065
242.487
3.535.671 3.233.093
27. Cashflow from Operating Activities
Cashflow from O
eratln
A¢tivltles
25
23124
Notcash provided bylused in) opwating activiti0•
Net Income
Income from investments
Incomefrom lettings
Fixed Asset Investmenidonations
Lossllgainl on investment assets
Gain on sale offixed assels
Provisions
Property receiv8d into Circuitcontrol
Increaselldecreasel in debt￿S
In¢reasellde¢re8sel in Creditors
Net cash pro￿ded bylused inl operating activities
1,720,408
148,8431
149,8341
126,0041
12,5781
121.0221
1320,1001 1100,0001
12.0011
23.653
1850,0001
18,9211
138,8391
449.127
117.9401
30,899
1160,2491
30

Docusign Envelope ID." AE14B3DE-3B2F4SAF-B22A-06C6CF60507F
O (O
O ID
ooouuu

Docusign Envelope ID." AE14B3DE-3B2F4SAF-B22A-06C6CF60507F
uUUUUUL)U
Z5 Z>
o o o
ZEUZ￿LL**ZZ

Docusign Envelope ID." AE14B3DE-3B2F4SAF-B22A-06C6CF60507F
Related Party Transactions
Ministers
Stipends and allowances tor Presbyters and Deacons (collectively Ministers) are set annually by the
Methodist Conference, and the Circuit is responsible tor meeting those costs for all Ministers
stationed by the Conference in the Circuit.
The following Ministers received the basic stipend of É31.02012024- £29.0401'. plus pension
contributions 01 £620412024- £7,812). Pension contributions were reduced in 24125 due to 8 return to
the surplus position of the fund.
Rev l Lightowler. Rev P Brazier. Rev M Onyett. Rev R W8rd. De8con G Austin-Bride
All were provided with living accommodation as required bythe church's standing orders and the total
ministerial travel and expense claims are detailed in note 11
In addition to the b8SlC Stipend the lollowing Connexionally agreed addrtional allowances were paid..
Revd l Lightowler Superintendent Minister's allowance, 10% of stipend = £3.10212024-
£2.9041.
An annu818llowancè 13 also p8id to eo¢h minister in order to purchase or maintain 8
computer foi minlsiry of E20712024- £1941
Rev K Hunt worked on a°house for duty. basis. receiving no stipend but was provided with the same
living accommodation outlined above and travel and pre8ching expenses which totalled £318. This
arrangement 8nded in December 2024.
Local preachers
Fivo Ioc81 preacherslsupernumerary ministers who 8re also trustees of the Circuit Meeting wero paid
preaehing fees amounting to E1,337 in totèl12024-eleven preachers were paid £1,626).
Othèr payments
During the year no other Trustees ci8imed travel expenses lothfjr th8n those paid a salary or stipend)
12024- £01.
In 24125 three Trustees were employed by the circuit.
Miss H C Boocock is employed 8$ 8 Circuit Administr8tor. Her total remuneration, including pension
contributions in the year was £20,804.12024- É19.5911.
Mrs A E Hartley is employed as a Circuit Administrator. Her total renumeration including pension
contributions in the year was £27.738 plus tr8vel expenses of £28. 12024- £26,120).
Mr P Metcalfe is employed as a property caretaker since May 25. His total renumeration in the year
was £2.427
33

Docusign Envelope ID." AE14B3DE-3B2F4SAF-B22A-06C6CF60507F
32. Subsequent Events
Sa185
Following the yearend. the circuit accepted offers on both the Woodside and Cookridge churches
totalling £1.851.000. The s81es processes are at the early st8ges wth heads of teims just being
drafted.
Pur¢hases
Leeds South & West Circuil has received back from Connexion the levy of £168.110 from the previous
disposal ofa manse. We have paid a deposit on a replacement manse with a market value of
£545.000. 8ecause we expeet to complete ￿￿thin 5 yeArs Ivthjch is the length of time connexion81
rules allow lor a previous levy to be retumed for reinvestment in a replacement man5el, the above levy
1$ being used toward5thi5 purch8$e.
Leeds South & West Circuit
DECLARATIONS
Tr•8surèr
I confirm that these a¢crual-based ac¢ount$ torlhe year endecj 31 st Aug 2025 have been prepared
from the records of the Circuit and that they include all funds under the control of the Circuit Meeting.
Signature of
Treasurer
Date
1613126
Name of Treasurer
Mrss H C Boocock
Addr885
22 8um8tt Rise. Queensbury,
Bradford. West Yorkshire. BD13 2DX
Prosentatlon to th• Clrcutt Me•tln4for approval.
I confirm that the accounts forlheyear ended 31 Aug2025 were presented to the Circuit Meetingat
its meeting on
16 M8r 2026
and were approved.
Signature of the
Chair of the meeting
Name of the Chair of
the meeting
Revjo Lightowler
Date
1915
ZG

Docusign Envelope ID." AE14B3DE-3B2F4SAF-B22A-06C6CF60507F
Methodl8t Circurt
Leeds South & West
Methodist Circuit
endices
A. Trustees of the Charity
B. Reserves Policy
C. Last year's SOFA
and Balance sheet
35

Docusign Envelope ID." AE14B3DE-3B2F4SAF-B22A-06C6CF60507F
Leeds South and West 27101
Constttution of the Circuit Meeting
Appendix A
S.0. 510 lil
Circult Mlnlsters and Supernumerarles
Revd Jo Lightowler
Revd Mo Onyett
Revd Peie Brazier
Deacon GuyAusiin-Bride
Revd Rach Ward
Revd Madeline Andrews
Revd Peter Reasbeck
Revd Keith Hunt
Clrcult Stewards
Miss Anne Jackson
Mr Stuart Westerman
Mr Philip Maud
Miss Audrey Wilks
Mr Peter Cor(Jwell
Mrs Elizabeth Smrth
Mrs JanetTaylor
Mr Edmund Linfield
Dr Rob Moore
S.0. 510 lill
Residing in th8 Circurl
Revd David Goodall G)
Rèvd Tim Ni¢holl$
S.0. 510 (lvl
Lay empLoyeè¥
Miss Cathy Boocock (Treasurer)
Mr$ Eric8 Hartley (CM Secl l& S.0. 610 vl
S.0. 510 Ivll
Mrs Janet Taylor (sec ol Local Preachefs. &Worship Leaders, Meeting)
S.0. 510 Ivll & vllll Church Repr•sentatlv•$ and Offico holdai8
From each church. 1 church steward 1 church treasurer. 1 church rep or Where the presence of the senior
Steward, treasurer and one other representative does not provide three representatives to the Circuit Meeting
from the local church le.g. where the role of treasurer is fulfilled bycircuit provision. or where the treasurer is
also senior stewardl, 8dOitional representatives to t*ring the local church representative8 to a maximum ol three
may be 8ppoinied.
Church
Adel
Beeslon Hill
Central
Cookrid
Far51e
The Grove
Headin
le
hfield
H de Park
New Vvhin
Rodle
Sl Andrew's, 8eeston
Sl Andrew's Pudse
St John's
Sl Mark's
Trinit Bramle
steward - S.0 $10
Mrs Michelle Rock
MrRo
Sheard
Mr Paul Mel¢alfe
Miss Elizabeth Beetham
Mrs Linda Kellett
Mrs Carol Ho le
Dr Ste
hen Hum
Mr Aidan Jewtt
Mr Sean Kell
Mr Brian Dra
Mr John Uren
Mrs Elizabeth Smith.
Mrs Doroth Stefanidis
Mrs Susan Ho
arth
Mrs Mar
a￿1 Tale
Mrs Janet Ta
lort
Tr•asuror S.0 510
Miss Calh Boocock"
Mrs Carol Normanton
Mrs Mar
arel AAelcaWe
Mrs Linda Store
Mis5 Cath Boocock.
Mr Paul Thom
son
Prof Gordon Andrew5
Mr Fred Jewtt
Mr Simon 8rocksom
Mr Keith Harrison
Mr Brian Thomton
Mr John Goacher
Miss Calh Boocock-
vacant
Mrs Helen Paine+19
Mrs Frances WOCMJ
S.0 510
Vacant
Mrs Pauline Peacock
Mrs ViclL)ria Rose
Mrs Jean Goslin
Mr John Procter
Mrs Ann Baile
vacant
Mrs Andrea Evers
Mrs Sharon Brocksom
Mrs Gl ni$ Clarke
vacant
Mr John Stnckland
Mrs Carol Sim
son
Mr Ernmanuel Oikelome
Miss So hie Lockwolxl
Mr David Wood
hris
ale
er
Duplication of trustee @Non-votingTrustge
+RepresentatNe in ligu of Treasurer
S.0. 510 lixl
to be r8vi8w8d annually
Methodlst St?ndlng Order010 QuaUIIc8tlon lorappolntment st8tu:12111ll no per50nwho h85 been convicted of or hgs
received a simple or conditional cautionfroffl the police concerning an offence under the Sexual Ottences Act 2003 or
rnentione¢ in Schedule 15tothe CrirninalJusticeAct2003 orwho is the subject ot a risk assesstnent un(Jer Standing Order
237 as a result of which the Safeguardingcomrnittee concludesthat he or she presents 3 51gniticant risk of serious harm to
children, young ppople orvulnerable adultsshall bp appointed or re-appointed to anyoffice, post or responsibiltyor
engaged or re-engaged underany contracttowhich this sub-¢iause 8pplie5 unle55 authorityfoi the appointmÉnt or
employmenthas been obtained under Clause1S1 b8low. (See CPDI
36

Docusign Envelope ID." AE14B3DE-3B2F4SAF-B22A-06C6CF60507F
& We¢
Appendix B
Methodlst Circuit
RESERVES POLICYof
Leeds South & West Methodist Circuit
{*Church Coun¢iiOIcir¢ult M&&tlngOiDl$trl¢tE]I
Unrestrl¢t¢d Funds held at YIE 3110812025
(includes Circuit Model Trust Funds and excludes Property
£ 1.892.506 Gen linc Equities)
£ 142.787 Designated
É 2,154,565 Total
Restrlcted Funds held
£2,141
Endowment Funds held
£nil
Reserves pollcyforGen8ral Funds and CMTF
Alrns
111 To secure and sustain the Circuii's viability and future
121 To carry out its mission strategy
131 To give reassurance to the general public that the Circuit. which is a charity, intends lo use all the
resources in its care for the purposes ol the charity
Strategy
Essentially the grouping provides for
al The ministerial oversight and pastoral care of 15 churches. including 3 local ecumenical
partnerships
bl The support of 8 staff team of 4 Ministers, and 3 part time18y staff responsible for admin, finance &
property.
cl The msintenance and improvement of 6 manses
dl Mission Activities
el Property improvements and susi8inability p18ns.
fl Training and development of our people
gi Fin8ncial provision for churches in difficulties
h) Redundant churches and 8Clive community buildings maintenance
Flnan¢lo1 Plon8
General Accounts (includes legacy)
£ 1.892.506
Church Buildings under Circuit responsibility £ 142.787
Circuit Model Trust Funds
Unrestricted Funds Total
£ 2.154.564 Iplus Building Assets)
The totalfree reserves of the Circuit are £2.154.564
Under Standing Orders, the Circuit Must rneet its financial obligations in relation to the support of its staff
learn 8nd the maintenance of its property.
The Circuit Assessment is reviewed annually and aims to coveis the cost of our permanent staff.
We also make provision for our property maintenance programme by..
Designating £3,500 per annum on aveiage to maint8in each manse within the assessment
A further £30,000 (see below) is designated within reserves design8ted for anticipated medium term
expenditure, particularly in relation to Quinquennial Inspections.
37

Docusign Envelope ID." AE14B3DE-3B2F4SAF-B22A-06C6CF60507F
We are advised to hold up to six month's General account expenditure in hand for emergencies and this
has been set at £250.000.
Circuit ModelTrust lunrestricted fund) £119.271 this fund is derived mainly from the sales of Chapels and
manses and is used to SLlPPOrtthe needs otthe circuit. alongwTth General Fund, a5 Outlined inthetotats
below.
Funds have also been set aside to supportthe additionalchurch buildings which have passed to circuit
controland to help societies as they close or merge together.
In summary. the Circuit has agreed Ihe followingdesignations to our tinances across both the General.
Designated & CMTF fund5.
£ 250.000 6 month's Expenditure
30,000 Property Maintenance plan
60.000 Church Coniingencyfund tor emergencies, assessment non-payment
£ 142,787 To support properties passed to circuit trusteeship.
10,000 Training. R830urces and youthwork
21.000 statutory redundancycosts in case ol emergency
£ 243,857 Grants supportto churches and circuit mission plans, building improvements, Staffing or
eco project5. The balance not allocated will be retained to provide income lorthis or u58d
in the general bLbdget as needed in line with the agreed investment plan.
£ 120,000 to meet the 85se55ment delicit in the current year
£ 955.754 L8ga¢y received-io be invested for incom8 tor Circuitlchur¢h projects outlin8d Bbove.
£ a21.]fi6 re9erved for replacement manse IE168.110 also held by Connexion that ¢gn b8 claimed)
£ 2,154.564 Itot81 of General. De8igrbated and Model Tru8tl
Amounts alT88dy recognised in the circuit accounts and provisions made outside ol this policy
£70,000 for Grants to ChurcheslCh8rities alre8dy 8greed but notyet paid.
As redundant property is sold, the funds will be used in 8ccordanc8 with the Circuit In￿stmant
document to invest in our remaining church and circuit mission and maintenance plans and general
budg8tne8iJs.
BenevolonGe Polky
The Supefiniendeni andlor CLTto be authorised to respondtocri$is situations with Individu81$. 8$
necessary. up DJ 1.5¥J of our cash resouices as listed above and would come from our crisis budget
IGenlModel Trusii unless restricted funds are held sthich will be used lirst.
5. PolScy for Restrbcted Funds
É2,010 for youth work, with an emphasis on helping children participate in music and worship.
£131 Benevolence funds inheriled frorn 8 c103ed church and will form part of the benevolence policy.
Term¥ r•lstingto Endowment Fund¥ h?i
None held
Thi5 Reserve3 Policyha3 been approved by
Leeds South & West Methodlst Circult
I"Church Councio Cifcult Meetin80 iDistrictE]I
Treasurer
Full n8me
Miss Helen C Boocock
Signature
Trustee
Full Name
Rev Jo Lightowler
Signature
38

Docusign Envelope ID." AE14B3DE-3B2F4SAF-B22A-06C6CF60507F
Leeds South & West Methodist Clreult
Statement of Financial Activities to 31st Aug 2024
Appendix C
23124
22123
Oonatlons & Legacies
Ch•rltablttAatlvldes
A#sesamentJfrorn c￿jrChOl
Cth•r c￿rit￿b1•A¢￿VIo•S
oth•rTiadlng A¢tl¥ltl•8
Incomolrom LgWny
IN¥•¥tmqnts
175
175
367.823
187.6
392.314
1.152.891
23.228
471.472
2.676
2,178
100
100
17.%9
Tolal Incom•
S•1,664
cnditiire
qIipAndq .qA14, Nif. Ppn$lon
Di¥trlEIA55e¥ymen(
M•thtsdl$tChurch Fund
Telaphot* &714¥¥1
InBuFBnce& UillhycAMtg
MoiThtenon¢e onHans•s
Churches wd•r ¢ircuittru5teeshlp 14
Pl￿1610Th rot bod & dDubthildabt¥ 1S
Other Ourgolngg
Grant8 8nd Donatkns
01strlciAd¥ance Fund
TotMI ChAritabl• •xp•ndltu*•
2￿.714
1fr,9Z4
266.076
14.255
72.309
4.781
24.281
24.124
10,92
10
6,35
27,176
12.450
43,739
2J.05J
189,19S
42.•90
12
27.176
12,450
2J.6SJ
48.295
42.9
16
17
18
120.901
70.000
2.919
SeO,744
2.579
123.410
$05.901
43.7Y•
172.520
N•t Incfym•lExp b•for•84inllo••
3J,82
-120.804
100
170 86?
I,IX+2,772
Tranthrs betsbp¢n Fwwjg
19
228,976
195.147
350.￿0
350.Tr)0
121.613
810
18.323
170.857
1,002,772
G4binlLo¢•*Jn ¢*1• ￿ i￿•d ats••ta
GalnlL0880n inv*iimtWa$$O
m¢J¥•m•nt In Fund•
,InCL'.J brnuehT f.TriwrJfd
TOTAL Fuimls LtJriiLd fownrrl
20
20
1M,1100
100.000
21.022
49.834
3.776,7JB
3.726,903
14382
208A29
320.040
10.323
112.005
95.682
3.24¢.
2,990,6Q6
101.587
IlQ.Q3fj
2.781.802
les f￿0th￿r3
Monies pthsged or to oth•r¥
88.5Q4
88.504
139.425
39

Docusign Envelope ID." AE14B3DE-3B2F4SAF-B22A-06C6CF60507F
Leed5 South & West Methodlst Clrcult
Balance Sheet as at 31 st Aug 2024
unre￿rIc1ed
Appendix C
2W24
22123
Flx•d A¥s•sts
Clrcuit Manses & E ul
Churchoa
Investment Pro
Invesrments TMCP
ment
1 880.606
090.000
120.000
136097
31￿703
1.880.606
990.000
120,000
242 487
2.157 118
93,488
248 466
3 489 072
21
CurrantAsset&
Debtors & Pre
rnen19
Trusiee loy Methodlst Pur
Central Finance 808rd
Cash at b3nk and In hand
22
26
090$
619
S16.441
6.276
612.123
gS.682
377,817
23
24
Creditois
Gront¥
due under 1
reed <1 Year
N•teutt•nt•ss•ts/ll•bllltl•$
104.209
30.000
462 472
104.209
30.000
563810
20,000
357 666
rotal 4J55et$ 1tr$5 ourrent Iiiibilytltr5
3 $89175
110 036
3 796 903
3 846 738
Creditols and Accru818 > 1
r•*d >1 V•Ar
26
Net J55¢t5
3 S19175
3 728 903
3 778 738
Fund• ol th• Clr¢ult
General Fund
unrestFict•d
Clrcuit Model Trust Fund
Unrestricted
De31
n8ted Funds
Unre¥tn¢ted
Tot81 UnrestrlctodFund
Aesirlcted Funds
3519.175
3519 175
110,036
3.560 646
101,587
112005
3 774 238
2.500
3 776 738
3 724 893
3 519 175
3 726 903
AGGounts appiov•d bytru•t•e8 at ClIGuh meeti￿￿￿ted 1313125
Slgned..
Tru•tee
40