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2025-08-31-accounts

Name of Church ...Merde0igy.Charen Neer TREES | No[t 2? CARCET

Deciarations and Scrutiny

| confirm that these accruals-based accounts for the year to 31 August 2025 have been prepared from the records of the Church and that they include all funds under the control of the Church trustees. \ | sen sance etek. Uerefe pate... A. 9..2S.. Te Nee ccc Name and address of[treasurer][ Rometer] Tor.catty, Biswas. Weepe TOKG.: ow REwT... Post Code.. st] BLS

Presentation to the Church trustees

| confirm that the annual report and accounts for the year ended 31 August 2025 were/wit+-be* presented to the meeting of the Church trustees held on mY ote 2S

bs Signature of the Chair of the meeting: ae Oe oon Name of the Chair of the meeting: FAZe@eTH. <r... Si2s.MeTeNDate a\a\zeas. :

Independent Examiner’s Report to the Trustees of the

Merseoet,COALEM,woern, SIMES.Church

Charity Number ..)3°5>

Responsibilities and basis of report

| report to the trustees on my examination of the accounts of the .Mex¥2.0's7.. cManeu,. wo bre, STAGES Church for the year ended 31 August 2025 set out on pages ... to .... As the Church's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

| 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, | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Name of Church METW201S7...CHMGCH wohe CRATES CAMC4 NE No VN2 2...

Independent Examiner’s Statement

[The Church’s gross income exceeded £250,000 and | am qualified to undertake the examination by being a qualified member of (insert name of applicable listed body)]. Delete [ ] if not applicable. | have completed my examination. | confirm that no material matters have come to my attention in connection with the examination (etherthan-that diselesed-betew*) which give me cause to believe that in, any material respect: . ;

| 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.

| have/have not* obtained independent verification of all investments with the Trustees for Methodist Church Purposes or field in other trusts, bank balances and funds at the Central Finance Board of the Methodist Church which are individually in excess of £10,000 (ten thousand pounds) at the balance sheet date.

Signature of independent examiner RA Qe hed eer Name of independent examiner eee RERER PT OO GMC ORE ED ae

Relevant professional qualification of independent examiner Oh se

Nameoffirm (where appropriate) ........ AN 9@ 9£09 1 SME DME GOcette Address ......A24...... PU#S2M. POODLE... STOEL SHOCK EE. oo coceeececevevevevitsvavitepetite sivititivitititisititititususstssa PostCode ST, 668. Date .. \8e..wovem@ee Jorg.

North Staffs Circuit

Circuit No

41122

Statement of Financial Activities (SOFA) for the year ended 31 August 2024

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|||||||||| |---|---|---|---|---|---|---|---|---| |Notes|to| |the|Circuit Model| |account|General|Fund|Trust|Connexional|Restricted|Endowment|Total| |s|(Unrestricted)|(Unrestricted)|Funds|Funds|Funds|2023-24| |£|£|£|-|£|£| |Income| |4|Donations and|legacies|0| |2|Income from monetary investments|10,581|34,066|44,647| |3|Income from|investment|properties|0| |4|Assessments|on Churches|154,593|154,593| |5|Capital|Receipts|0| |6|Grants|received|0| |7|Other charitable income|45,087|274|-|45,362| |8 Total income|210,262|34,066|274|-|-|244,602| |Expenditure| |9|Grants and donations|435|274|709| |410|Salaries and|associated|costs|154,925|3,585|158,510| |11|Property maintenance|14,343|33,784|48,126| |42|Connexional assessment & model trust levy|o|,| |13|District Assessment & Levy|39,468|35,673|75,141| |14|Depreciation|0| |15 Office expenses|48,173|48,173| |16 Other outgoings|-|1,688|1,688| |17|Total|charitable expenditure|257,344|37,361|274|37,369|0|332,348| |18|Gains/(losses) on|monetary|investments|40,000|:|40,000| |19 Gains/(losses) on investment properties|17,274|17,274| |20 Net income/(expenditure)|-47,082|53,979|i)|-37,369|0|-30,472| |21|Transfers|between funds|42,000|-|66,000|24,000|0| |22 Other gains/(losses)|-|-|t!]| |23 Net movement in funds|-5,082|12,021|0|-13,369|0|-30,472| |24 Total funds brought forward|1,445,359|592,305|73,674|2,111,338| |25 Total funds carried forward|1,440,277|580,284|-|60,305|-|2,080,866|

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North Staffs Circuit

Circuit No

1122

Statement of Financial Activities (SOFA) for the year ended 31 August 2025

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |Notes|to|Circuit|Model| |the|General|Fund|Trust|Connexional|Restricted|Endowment|Total| |accounts|(Unrestricted)|(Unrestricted)|Funds|Funds|Funds|2024-25| |£|£|£|£|£|£| |Income| |1|Donations|and|legacies|0| |2|Income from|monetary|investments|9717|26,352|36,068| |3|Income|from|investment prcperties|0| |4|Assessments|on|Churches|168,839|168,839| |5|Capital|Receipts|0| |6|Grants|received|0| |7|Other charitable|income|20,824|882|-|21,706| |8 Total|income|199,380|26,352|882|-|-|—226,613| |Expenditure| |9|Grants|and|donations|9,304|882|10,186| |40|Salaries|and|associated|costs.|156,285|200|156,485| |11|Property maintenance|16,155|5,715|21,871| |42 Connexional|assessment|& model|trust|levy|0| |13|District Assessment & Levy|40,652|34,771|75,423| |14|Depreciation|0| |15 Office expenses|12,866|12,866| |16 Other outgoings|1,886|1,886| |17|Total|charitable|expenditure|235,262|36,657|882|5,915|0|278,716| |18|Gains/(losses)|on|monetary|investments|0| |19|Gains/(losses)|on|investment properties|-|0| |20 Net income/(expenditure)|-35,882|-10,306|0|-5,915|0|-52,103| |21|Transfers|between|funds|-|-|~|0| |22|Other gains/(losses)|=|.| |23|Net movement|in funds|-35,882|-10,306|0|-5,915|0|-52,103| |24 Total funds brought forward|1,440,277|580,284|60,305|2,080,866| |25 Total funds carried forwarc|1,404,395|569,978|-|54,390|-|2,028,763|

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NorthStaffordshireCircuit (11/22)

Notes to the Accounts

1 Basis of Accounting

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with FRS102 - the Charities SORP (FRS102) and taking note of the Update Bulletin 1 issued in 2016.

2 Funds

The funds held constitute: General Funds held for any purpose of the Circuit which are Unrestricted. The Circuit Model Trust Fund has wide purposes defined in Standing Orders and is categorised as unrestricted. Restricted funds which are held for a narrower purpose. There are no Endowment funds,

3 Accounting Policies

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, on the accruals basis to show a true and fair view of the Circuit's financial position and activities.

Incoming Resources

Income is included in the Statement of Financial Activities (SOFA) when the Circuit becomes entitled to the resources, and the trustees are reasonably certain they will receive the resources; and the monetary value can be measured with sufficient reliability.

Resources Expended

This is recognised whena liability is incurred, or a constructive obligation arises, that results in the payment being unavoidable. Liabilities are recognised as soon as an outflow of economic benefit is considered more likely than not under the legal or constructive obligation committing the Circuit to pay out resources. Grants

Grants made by the Circuit from it's own funds are recognised in full at the time of agreement or when the Circuit accepts that there is a legal or operational obligation to make the payment.

VAT

Since the Circuit is not VAT registered, all input VAT is charged with the expenses to which it refers. Tangible Fixed Assets for use by the Circuit

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 building because the trustees consider the current residual fair value of the manse buildings to be not less than its current value. Any depreciation would not be material.

Investments

Investments are valued in the balance sheet at market value at the year end. Investment income is included in the accounts when receivable and any gains or losses on revaluation at the year end are shown in the SOFA, Debtors and Prepayments

The prepayment included in the accounts is in respect of Presbyters stipend and oncosts paid during August 2025 but relating to September 2025, insurance paid in advance. Creditors

Creditors include the 1st quarter or month assessment received in August 2025.

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4 Income From Monetary Investments
General CMT
eeDonations |
& Legacies - Davies Ben Fund 11206 0 11,206
Interest 9717 26,352 36,068
Transfer from TMCP 0 0 0
Transfer from CFB 0 0 0
po 20923 26,352 [7,274
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5 Assessments on Churches

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||||| |---|---|---|---| |Baldwins|Gate|0| |Cross|Heath|11,264| |Higherland|17,996| |Halmer|End|15,484| |Madeley|9,776| |Silverdale|25,678| |St|Lukes|9,391| |Bradwell|18,004| |Wolstanton|45,256| |Audley|15,990| |6|Other|Income| |Manse|Rent|10,698| |Wolstanton|Bills|reimbursement|5,851| |Baldwins|Gate|0| |Other Sundry|Income|4,275|

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7 Salaries and Associated Costs

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||||| |---|---|---|---| |Presbyter Stipend|81,170|81,170| |Presbyter|Pension|15,510|15,510| |Presbyter|NI|8,933|8,933| |Lay Worker Salary|3,879|3,879| |Lay Worker|Pension|1,002|1,002| |Lay Worker|NI|2138|2,138| |Training|0|0| |Relocation|Costs|200|200| |Mileage|3,533|3,533| |Presbyter Phone|4,194|4,194| |Pulpit Supply|1428|1,428| |SSSCS~*wdCSCt| |Toran,|as]|200]|21,985|

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8 Property Maintenance

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||||||| |---|---|---|---|---|---| |rebeFund|beFund| |Manse|Council Tax|6,448|6,448| |Manse|Water Charges|982|982| |Circuit|Insurance|2,440|2,440| |Wolstanton|Utility|Bills|3,240|3,240| |Manse|Garden|471|471| |Baldwins|Gate|Church|Bills|2575|2575| |Contingency|0|0| |Thistles|Manse|463|463| |Silverdale|Manse|2,724|2,724| |Wolstanton|Manse|1,538|1,538| |Audley|Manse|990|990| |Quinquennial|Costs|0|0|

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;

9 Office Expenses
General
Restricted
re
eal
Print,Copy,Postage
1,825
TOTAL
1,825
PresbytersAdmin 2,126 2,126
Sundry Exp 2,568 2,568
LayTraining 180
LayAdmin 1,542 1,542
Office Costs
Toran
4,625
4,625
SSS~S~«~YCSC~t
S

10 Other Outgoings

General
Circuit
TOTAL
Transferfrom CFB
0
TransferfromTMCP
0
0
TMCPAdmin
1,886
1,886
foran,
sCdE:C
SSSCétYS
S*=«s
11 Transfer Between Funds
[ManseMaintenance

a
BS1_ Circuit Manses& Equipment
po
Sim Insured

Silverdale Manse
290,555
Thistles Manse 283,851
Audley Manse 332,611
WolstantonManse 309,300

BS2 Debtors

Debtors
PresbyterStipend(Sept) 6929
Presbyter NI(Sept) 1333
Presbyter Pension(Sept) 883
Methodist Insurance
1875
es
ee)

BS3 TMCP Balance

Opening Balance 1.9.24 580,283.81
Interest 26351.55 606,635.36
TMCPAdmin 1885.92
DAF Contribution 34771.29 36,657.21
ClosingBalance31.8.25 569,978.15

BS4 CFB Deposit Fund

Opening Balance 1.9.24 242,414.03
Assessments 130,776.00
Manse Rent 10,698.00
Stipend Refund 7,200.10
Interest 9716.57 400,804.70
Apprenticeship Levy 1,156.21
DistrictAssessment 40,652.00
Presbyters Payroll 111,099.91
Lay Employee Payroll 41,645.16 194,553.28
ClosingBalance31.8.25 206,251.42

BS5 HSBC Bank Account

Balance at31.8.25 41,974.64
Unpresented cheques 0.00
Income not banked 0.00
41,974.64

BS6 = Creditors

Assessments:

Assessments:
Wolstanton 3,711
Madeley 2,810
Cross Heath 2,788
Halmerend 1,669
Bradwell 1,436
Higherland 4,364
16,778
Restricted Fundsee
ee ee
31.8.24
2024/25
2024/25
31.8.25
Contingency
5,091
0
180
4,911
Restricted Fundsee
ee ee
31.8.24
2024/25
2024/25
31.8.25
Contingency
5,091
0
180
4,911
Restricted Fundsee
ee ee
31.8.24
2024/25
2024/25
31.8.25
Contingency
5,091
0
180
4,911
Restricted Fundsee
ee ee
31.8.24
2024/25
2024/25
31.8.25
Contingency
5,091
0
180
4,911
Manse Maintenance 23,532 0
5,715
17,817
Ministers Relocation 3,659 0
200
3,459
Quinquennial Fund 1,224 0
0
1,224
Training 1,799 0
0
1,799
Youth& Education 1,000 0
0
1,000
St Peters Sale 24,000 0
0}
24,000
Po 6305] 095] 54,210]