Name of Church ...W.f Tll)Oi No...Jl ?t Declarations and Scrutiny I confirm that these accruals-based accounts for the year to 31 August 2024 have been prepared from the records of the Church and that they include all funds under the control of the Church trustees. Signature of treasurer . S MAQGH Name and address of treasurer . Post Code..£.T Presentation to the Church trustees I confirm that the annual report and accounts for the year ended 31 August 2024 /wIll be. presented to the meeting of the Church trustees held on Signature of the Chair of the meeting: Name of the Chair ofthe meeting: Q47ATrI..X .5.1¥-rv... Date ....... . . .. Independent Examiner's Report to the Trustees of the Charity Number Responsibilities and basis of report I report to the trustees on my examination of the accounts of the (Th E T.Il? Q 1&1 giAfE Church for the year ended 31 August 2024 set out on pages . to As the Church's trustees, you are responsible for the preparation of the accounts in accordan with the requirements of the Charities Act 2011 ('the Act,). I report in respect of my examination of the Church's accounts carried out under section 145 of the Act and. in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. delete or circle as appropriate
Name of Church Mtrfll)Oi No. 1.121 Independent Examiner's Statement [The Church's gross income exeded £250,000 and l am qualified to undertake the examination by being a qualified member of (insert name of applicable listed body)]. Delete [ ] if not applicable. I have completed my examination. I confinn that no material matters have come to my attention in connection with the examination ( ') which give me cause to believe that in, any material respect: the accounting records were not kept in accordance with section 130 of the Act; or the accounts do not accord with the accounting records; or the accounts do not comply with the applicable requirements concerning the fonn and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view, which is not a matter considered as part of an independent examination the trustees, annual report is not consistent with the accounts I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. I havelhave not" obtained independent verification of all investments with the Trustees for Methodist Church Purposes or held in other trusts, bank balances and funds at the Central Finance Board of the Methodist Church which are individually in eXsS of £10,000 (ten thousand pounds) at the balance sheet date. Signature of independent examiner Narne of independent examiner Relevant professional qualification of independent examiner Name of firm (where appropriate) Address ..12•q *rtsTr) ..LFfv.t.& o.E.d) ILtr' Post Code Date delete or circle as appropriate
North Staffs Circuit Cinitt No 1122 Statement of Financial Activities (SOFA) for the year ended 31 August 2024 Not¢• to ¢trcutt IAodo1 account Gan•ral Fund Tw¥t ConMxloMI R8#trf¢i•d EndowThnt Totsl Unrestricted) Iunra8tiil Funds Fund• Funds 2023-24 Income 1 Donaons and1•3acies 2 Incorne frorn rnnetary inbwttn 3 Income from ÈnV85trrt wryrl 4 A55esSITrtS on Chur¢he8 S Captsl Rac8ipts 6 Grants rKeNed 7 Other charitable incorne e Tot41 In¢om• 10.581 44.647 154.593 154,593 4S.Ck87 210.282 274 274 46.362 244.602 Expendlture g Grant6 and dtIOn• 10 S8laries and a88odated ¢o•l 11 PrOty maintgnanco 12 Connexional asseatm6nt & model tru•t l•vy 13 Dffjth"ct A88e••rrnI 8 Lthy 14 0opwiAtion 15 OfTrc• •xpen 18 othgr outgoings 17 Tot•1 charltablo •x1¢UI• 18 Gain8111938881 on rnnotsry In¥•thts 19 Gain81111)88esl on Invoslment WCV8rk• 20 N•t Incom•ll•xp•ndltur•l 21 Transf•rn bets8 fvnds 22 Other 98insll1088esI 23 N•t mov•m•nt In fvn 24 Total fLtnds brought forward Is rot*llunds<arrl•dforw4rd 274 709 158,510 48,128 154.925 14.343 33,784 35,673 76.141 48.173 48.173 1.688 332.348 40,000 17,274 40,472 1,688 37.361 274 37,319 17,274 53,979 47.082 7A69 24,OC 4.OB2 1.445.359 1W.277 -12.021 592.305 660.284 -13,38• 73.874 80.305 4OA72 2.111.338 2,080.860
North Staffs Circuit CiroJit No 1122 Statement of Financlal Activitles (SOFA) for the year ended 31 August 2023 Notss to Clrutt IAod•l Genoral Fund Tn•t Connexlonal fte5trtc Endowmgnt Total a¢nts (Unrestrktsd) (Unre5trKtad) Funds Funds Funds 2022-23 Income 1 tlonauons and b3aryes 6213 18. ¥781 3 Income from investment propeits 171.624 171.824 5 Capital Rer£ipts 8 Grants retslved 7 Other charTiabJe income 8 Total Incom 47.512 474 474 47,986 2H390 18,668 Expondlturn 9 Gr8nts and dcnatlo 10 Salaries arKt assod8ted 11 Property maTrntenance 12 Connexlonal a88Ment & model trIt levy 13 DistridAs8e88rnt & Levy 14 Cweciation 15 Office expenses 18 ottrr oulgolng¥ 17 Total eharltablo •xpendlturn 18 Gaknslllo88es) on monetary In¥e8tmenl8 19 Gainslltosses) on IrNeslmerrt properts 20 Il•t IncomBll8xndIfyr0> 21 Transfers between fund$ 22 Other gainsll10s5e51 23 Not movom•nt In lund• 24Totrdl fvnds brou8ht fonvard 25 Totsl funds carrled lonwanl 2.750 143.780 17,144 474 870 144.630 36.076 17,751 51825 1,007 251792 18.758 474 7,322 302,152 301,963 302.152 289,700 -7.322 21,iXX) 42.000 - 96.331 133,440 1,311,919 1844369 98.331 386.081 1.725.257 1111,338 238.963 353,342 591305 13.678 59,996 71674
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North Stafftirdshlre Clrcuft 22 Notes to the Accounts l Basls of Aceountlng The financial statements have been prePad in accordance wlth Accounting and Reporting by Charities: Ststement of Recommended Practice (SORP) applicable to chartties preparing their accounts in accordance with FRS102 - the Charities SORP {FRS102) and tskin8 note of the Update Bulletin l issued in 2016. 2 Funds The funds held constitute: General Funds held for any purpose of the Circuit which are Unrestricted. The Grcuit Model Trust Fund has wide purposes defined in Stsnding Orders and is cate8orised as unrestricted. Restrirted funds which are held for a narrower purpose. There are no Endowment funds. 3 Accountln8 Pollcles Basls 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. on the accruals basis to Show a true and fair view of the arcuit's financial position and artivitie5. Incomlng Resources Income is included In the Statement of Flnancial Actlvitles {SOFAI when the Clrcuit becomes entitled to the re50urcÈ5, and the trustees are reasonably certaln they wlll receive the resources: and the monetary value Gin be measured with sufficlent relSability. Resources Expended ThSs is reco8nised when a liab511ty is incurred, or a constructive obligation arises. that results in the payment being unavoidable. Liabilities are recognised as 500n as an outhow of economic benefit is considered more likely than not under the legal or construrtive obllgation commlttlng the Clrcuit to pay out resources. Grnnts Grants made by the arcult from It's own funds are recognised in full at the time of a8reement or when the Circult aCpts that there is a le8al or operational obli8ation to make the payment. VAT Slnce the CSrcult Is not VAT reglstered, all Input VAT is charged wlth the expenses to whlch it refers. Tan8lble Flxed Assets for use by the arcutt Tangible fixed assets are capitalised if they can be used for more than one year, and cost at least £1,000. The freehold property Is shown In the accounts at 2023 Insurable values. No depreciation is provided on the buildlng because the trustees consider the current residual fair value of the manse buildin85 to be not less than its current value. Any depreclation would not be material. Investments Investments are valued in the balance sheet at market value at the year end. Investrnent income is induded in the accounts when receivable and any 8ains or loss on revaluation at the year end are shown in the SOF Debtors and Prepayments The prepayment included in the accounts is in respert of Presbyters stipend and oncosts paid during August 2024 but relating to September 2024, insurance paid in advance. Credltors Creditors include the 1st quarter or month assessment received in AUSt 2024. 4 Income From Monets Investments General Fund 10581 66.000 CMT TOTAL Interest Transfer from TMCP Transfer from CFB 34.066 44,647 66.0 76,581 110,647
S Assessments on Churthes Baldwins Gate Cross Heath Higherland Halmer End Madeley Silverdale St Lukes Bradwell Wolstanton Audley TOTAL 10.424 16.170 14,553 8.067 25,682 7.832 15,928 39,820 16,117 154,593 6 Other Income Manse Rent Wolstanton Bills reimbursement Audley Fire Baldwins Gate Other Sundry Income TOTAL 10.458 3.056 12.090 16.871 2.612 45.087 7 Salarles and Assodated Costs General Fund Restrlrted Fund TOTAL Presbyter Stipend Presbyter Pension Presbyter Nl Lay Worker Salary Lay Worker Pension Lay Worker Nl Training Relocation Costs Mileage Presbyter Phone Pulpit Supplv TOTAL 90,606 23,435 8,475 23,034 938 1,16S 387 3,198 2,742 4,177 353 158,510 23.435 8,475 23,034 938 1165 387 3,198 2,742 4,177 353 154.925 a5 8 Property Malntsnanee General Fund 5,548 1.023 1.966 2.925 760 2120 Restrlrted Fund TOTAL Manse Council Tax Manse Water Charges Circuit Insurance Wo15tanton Utility Bills Manse Garden Baldwins Gate Church Bills Contingencv Thistles Manse Silverdale Manse Wolstanton Manse Audley Manse Quinquennial Costs TOTAL 5,548 1.023 1.966 2.925 760 2.120 1,364 5.658 1.364 5.658 3.900 21.432 950 48.126 21.432 950 33.784 14,343
9 offi Expenses General Fund 1,114 2.472 8,850 10,500 13.800 TOTAL Fund Print,Copy.Postage Presbyters Admin Sundry Exp Davies Fund to CFB Wolstsnton-sale of land Audley Church Loan Lay Admin Office Costs TOTAL 1.114 2.472 8.850 10.51J) 13.800 3.064 760 7.614 48.173 760 7.614 48,173 10 Other Outgolngs General Fund Clrcult Model Trnst TOTAL Transfer from CFB Transfer from TMCP TMCP Admln TOTAL 1,688 11 Transfer Between Funds Manse Maintenance BSI Clrcult Manses & Equlpment Sum Insured 290.555 283,851 332,611 309,300 1,216,317 Sllverdale Manse Thlstles Manse Audley Manse Wolstanton Manse Total BS2 Debtors Presbyter StlpendlSeptl Presbyter Nl{Septl Presbyter Pension(Septl Methodist Insurance 8014 1551 792 2086 12442 8S3 TMCP Balan Opening Balan 1.9.23 Sale of St. Peters Refund pension donation Sale land Wolstanton Interest 592.305.29 6,000.00 40.CKM). 13,673.60 34065.89 686.044.78 TMCP Admin Transfers to CFB CPF Levy on Sale5 DAF Contribution C105ing Balance 31A.23 1688.07 66.000.00 2.400.00 35672.90 105,760.97 5W.Z83.81
BS4 CFB Deposit Fund Opening Balance 1.9.23 Assessments Manse Rent Transfers from TMCP Interest 229,986.25 127,540.00 10.458.00 66.000.00 10581.46 444.565.71 Apprenticeship Lewrf Wolstanton Church- land sale District Assessment Presbyters Payroll Lay Employee Payroll Closing Balance 31.8.14 1.049.62 .8.00 39,468.00 122.959.38 24,874.68 202,151.68 242.414.03 B55 HSBC Bank ArUnt Balan at 31.8.24 Unpresented cheques Income not banked 38.664.85 2307.94 2870.00 39.226.91 BS6 Credltors Assessments: Wolstanton Madelev Silverdale Bradwell Audley Halmerend St Lukes IHSBC) 3.771 1.500 1.323 918 Restrlrted Funds Balance 31.8.23 5,571 3L886 6,857 2.174 2,186 1,000 24,000 73.674 Added 2023124 Expendlture 2023124 Balance 31.8.24 5.091 23.532 3.659 1.224 1,799 Contingency Manse Maintenance Ministers ReloGition Quinquennial Fund Trainin8 Youth & Education St Peters Sale 24.lJXI 32,354 3,198 950 387 24,( 60,305 37369