## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |**Reserves Testasat 31stAugust 2023**|**Reserves Testasat 31stAugust 2023**|£
108,402
24 468
**132870**
**147 979**
**15,109**| |---|---|---| |**Required:**
25%ofGeneral Fund Expenditure Budget 2023/2024
Total Restricted Funds Value
TotalCashat Bank&CFB31/8/2023
Deficit/Surplus||£
108,402
24 468
**132870**| |||**147 979**| |||**15,109**| ## **Declarations and Scrutiny** I confirm that these accruals-based accounts for the year to 31 August 2023 have been prepared from the records of the Circuit and that they include all funds under the control of the Circuit meeting. R F Lowe Signature of treasurer Date: 1 0[th ] January 2024 Name and address of treasurer **Richard F Lowe** 3 The Robins, Burley-in-Wharfedale, llkley Post Code ... LS29 ?PR ## **Presentation to the Circuit meeting** I confirm that the annual report and accounts for the year ended 31 August 2023 were presented to the Circuit meeting held on 13[t][h ] March 2024 and are signed on their behalf by: Signature of the Chair of the meeting Timothy M Perkins Name of the Chair of the meeting **Rev Timothy Perkins** Date: 13[th ] March 2024 14 22 March 2024 ## ## ## |**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
Charitable activities
Investments
Other income
**Total income and endowments**
**EXPENDITURE ON:**
Charitable activities
Other
**Total expenditure**
**Net gains/(losses)oninvestments**
**Net income/(expenditure)**
**Transfers between funds**
**Net movementinfunds**
**Reconciliationoffunds:**
Total funds brought forward
**Total funds carried forward**
Note
3
4
5
6
7
16
16|Unrestricted
Funds
£
2,583
375,355
26,254
404,192
555,654
1,496
557,150
(62)
(153,020)
(9,416)
(162,436)
3,186,850
3,024,415|Restricted
Funds
£
23,199
298
12,104
35,600
28,185
28,185
7,416
9,416
16,831
7,637
24,468
Total
Funds
2023
£
25,782
375,653
38,358
439,792
583,839
1,496
585,335
(62)
(145,604)
(145,604)
3,194,487
3,048,883
Total
Funds
2022
£
17,617
344,198
28,981
438,049
828,845
578,113
578,113
250,732
250,732
2,943,755
3,194,487| |---|---|---| ## **WHARFEDALE & AIREBOROUGH METHODIST CHURCH CIRCUIT** ## **BALANCE SHEET** ## **FOR THE YEAR ENDED 31 AUGUST 2023** |||**FOR THE YEAR ENDED 31**|**AUGUST 2023**|||| |---|---|---|---|---|---|---| ||||||Total|Total| |||Unrestricted|Restricted||Funds|Funds| |||Funds|Funds||2023|2022| ||Note|£|£||£|£| |**FIXED ASSETS**||||||| |Tangible assets|10|2,606,461|||2,606,461|2,606,461| |||2 606,461|||2,606,461|2,606 461| |**CURRENT ASSETS**||||||| |Debtors|11|38,100|||38,100|52,330| |Investments|12|421,210|||421,210|503,526| |Cash at bank and in hand|13|123,511||24 468|147,979|135,759| |||582,821||24,468|607,290|691,615| |**CREDITORS: Amounts falling**||||||| |**due within one year**|14|(164,867)|||(164,867)|(103,589)| |**Net current assets/ (liabilities)**||417 954||24,468|442,422|588,026| |**TOTAL NET ASSETS**||3,024,415||24,468|3,048 883|3 194,487| |**FUND BALANCES**|16|||||| |Unrestricted Funds||||||| |General funds||2,615,259|||2,615,259|2,617,933| |Designated funds||409,156|||409,156|568,917| |||3,024,415|||3,024,415|3,186,850| |Restricted Funds||||24468|24,468|7,637| |||3 024,415||24,468|3,048,883|3,194,487| The financial statements were approved by the Board of Trustees and were signed on its behalf by: Rev, Timothy M Perkins Date: 13[th ] March 2024 Timothy M Perkins Charity number 1132357 The notes on pages 19 - 32 form part of these accounts. 17 |**WHARFEDALE & AIREBOROUGH METHODIST CHURCH CIRCUIT**
**DETAILED STATEMENTOFFINANCIAL ACTIVITIES WITH COMPARATIVES**
**FOR THE YEAR ENDED31AUGUST 2023**
Unrestricted funds
Unrestricted funds
General
Designated
Restricted
Total
General
Designated
2023
2023
2023
2023
2022
2022
Note
£
£
£
£
£
£
**INCOMEANDENDOWMENTSFROM:**
Donations and legacies
3
2,583
23,199
25,782
-
1,492
Charitable activities
4
370,984
4,371
298
375,653
341,709
2,489
Other trading activities
5
-
-
-
Investments
5
,..
2,046
24,208
12,104
38,358
11,709
17,272
Other income
6
-
-
-
-
438,049
**Total incomeandendowments**
375,613
28,579
35,600
439,792
791,467
21,253
**EXPENDITUREON:**
Charitable activities:
7
407,002
148,652
28,185
583,839
340,837
217,991
Other
1,496
1,496
-
**Total Expenditure**
408,498
148,652
28,185
585,335
340,837
217,991
**Net gains/(losses)oninvestments**
-
(62)
(62)
-
**Net income/(expenditure)**
(32,885)
(120,135)
7,416
(145,604)
450,630
(196,738)
**Transfersbetweenfunds**
16
30,210
(39,626)
9,416
-
(540,770)
540,770
**Netmovementinfunds**
(2,675)
(159,761)
16,831
(145,604)
(90,140)
344,032
**Reconciliation of funds:**
Total funds broughtforward
2,617,933
568,917
7,637
3,194,487
2,708,073
224,885
**Total funds carried forward**
16
2,615,258
409,156
24,468
3,048,883
2,617,933
568,917|**WHARFEDALE & AIREBOROUGH METHODIST CHURCH CIRCUIT**
**DETAILED STATEMENTOFFINANCIAL ACTIVITIES WITH COMPARATIVES**
**FOR THE YEAR ENDED31AUGUST 2023**
Unrestricted funds
Unrestricted funds
General
Designated
Restricted
Total
General
Designated
2023
2023
2023
2023
2022
2022
Note
£
£
£
£
£
£
**INCOMEANDENDOWMENTSFROM:**
Donations and legacies
3
2,583
23,199
25,782
-
1,492
Charitable activities
4
370,984
4,371
298
375,653
341,709
2,489
Other trading activities
5
-
-
-
Investments
5
,..
2,046
24,208
12,104
38,358
11,709
17,272
Other income
6
-
-
-
-
438,049
**Total incomeandendowments**
375,613
28,579
35,600
439,792
791,467
21,253
**EXPENDITUREON:**
Charitable activities:
7
407,002
148,652
28,185
583,839
340,837
217,991
Other
1,496
1,496
-
**Total Expenditure**
408,498
148,652
28,185
585,335
340,837
217,991
**Net gains/(losses)oninvestments**
-
(62)
(62)
-
**Net income/(expenditure)**
(32,885)
(120,135)
7,416
(145,604)
450,630
(196,738)
**Transfersbetweenfunds**
16
30,210
(39,626)
9,416
-
(540,770)
540,770
**Netmovementinfunds**
(2,675)
(159,761)
16,831
(145,604)
(90,140)
344,032
**Reconciliation of funds:**
Total funds broughtforward
2,617,933
568,917
7,637
3,194,487
2,708,073
224,885
**Total funds carried forward**
16
2,615,258
409,156
24,468
3,048,883
2,617,933
568,917|**WHARFEDALE & AIREBOROUGH METHODIST CHURCH CIRCUIT**
**DETAILED STATEMENTOFFINANCIAL ACTIVITIES WITH COMPARATIVES**
**FOR THE YEAR ENDED31AUGUST 2023**
Unrestricted funds
Unrestricted funds
General
Designated
Restricted
Total
General
Designated
2023
2023
2023
2023
2022
2022
Note
£
£
£
£
£
£
**INCOMEANDENDOWMENTSFROM:**
Donations and legacies
3
2,583
23,199
25,782
-
1,492
Charitable activities
4
370,984
4,371
298
375,653
341,709
2,489
Other trading activities
5
-
-
-
Investments
5
,..
2,046
24,208
12,104
38,358
11,709
17,272
Other income
6
-
-
-
-
438,049
**Total incomeandendowments**
375,613
28,579
35,600
439,792
791,467
21,253
**EXPENDITUREON:**
Charitable activities:
7
407,002
148,652
28,185
583,839
340,837
217,991
Other
1,496
1,496
-
**Total Expenditure**
408,498
148,652
28,185
585,335
340,837
217,991
**Net gains/(losses)oninvestments**
-
(62)
(62)
-
**Net income/(expenditure)**
(32,885)
(120,135)
7,416
(145,604)
450,630
(196,738)
**Transfersbetweenfunds**
16
30,210
(39,626)
9,416
-
(540,770)
540,770
**Netmovementinfunds**
(2,675)
(159,761)
16,831
(145,604)
(90,140)
344,032
**Reconciliation of funds:**
Total funds broughtforward
2,617,933
568,917
7,637
3,194,487
2,708,073
224,885
**Total funds carried forward**
16
2,615,258
409,156
24,468
3,048,883
2,617,933
568,917|**WHARFEDALE & AIREBOROUGH METHODIST CHURCH CIRCUIT**
**DETAILED STATEMENTOFFINANCIAL ACTIVITIES WITH COMPARATIVES**
**FOR THE YEAR ENDED31AUGUST 2023**
Unrestricted funds
Unrestricted funds
General
Designated
Restricted
Total
General
Designated
2023
2023
2023
2023
2022
2022
Note
£
£
£
£
£
£
**INCOMEANDENDOWMENTSFROM:**
Donations and legacies
3
2,583
23,199
25,782
-
1,492
Charitable activities
4
370,984
4,371
298
375,653
341,709
2,489
Other trading activities
5
-
-
-
Investments
5
,..
2,046
24,208
12,104
38,358
11,709
17,272
Other income
6
-
-
-
-
438,049
**Total incomeandendowments**
375,613
28,579
35,600
439,792
791,467
21,253
**EXPENDITUREON:**
Charitable activities:
7
407,002
148,652
28,185
583,839
340,837
217,991
Other
1,496
1,496
-
**Total Expenditure**
408,498
148,652
28,185
585,335
340,837
217,991
**Net gains/(losses)oninvestments**
-
(62)
(62)
-
**Net income/(expenditure)**
(32,885)
(120,135)
7,416
(145,604)
450,630
(196,738)
**Transfersbetweenfunds**
16
30,210
(39,626)
9,416
-
(540,770)
540,770
**Netmovementinfunds**
(2,675)
(159,761)
16,831
(145,604)
(90,140)
344,032
**Reconciliation of funds:**
Total funds broughtforward
2,617,933
568,917
7,637
3,194,487
2,708,073
224,885
**Total funds carried forward**
16
2,615,258
409,156
24,468
3,048,883
2,617,933
568,917||| |---|---|---|---|---|---| |||Unrestricted funds
General
Designated
2022
2022
£
£
-
1,492
341,709
2,489
-
11,709
17,272
438,049
791,467
21,253
340,837
217,991
-
340,837
217,991
-
450,630
(196,738)
(540,770)
540,770
(90,140)
344,032
2,708,073
224,885
2,617,933
568,917||Restricted
2022
£
16,125
16,125
19,285
19,285
(3,160)
-
(3,160)
10,797
7,637|Total
2022
£
17,617
344,198
-
28,981
438,049
828,845
578,113
-
578,113
-
250,732
-
250,732
2,943,755
3,194,487| ||||||| ## ## ## ## ## ## ## ## ## ## ## |**4**
**5**
**6**
Donationsofcash and similar
Grants
**Income from charitable activities**
Fees received
AssessmentsonChurches
Other income
**Investment income**
Property letting
Interest and dividends
**Other income**
Gainsondisposal of:
tangible fixed assets|2023
£
5,786
19,996
25,782
2023
£
370,773
4,880
375,653
2023
£
18,773
19,585
38,358
2023
£|||2022
£
9,017
8,600| |---|---|---|---|---| |||||17,617| |||||2022
£
2,553
341,384
261| |||||344,198
2022
£
26,526
2,455| |||||28,981
2022
£
438,050
438,050| ## |**a**
**b**
**Costs incurred directlyonspecific activities**
Salaries, Employer's national insurance and pension contributions of presbyters and deacons
Telephone, utilities, travel and expenses of presbyters and deacons
Salaries, Employer's national insurance and pension contributions of lay workers
Expenses of lay workers
Property maintenance
Other property costs
District assessment
Connexional costs
Model trust levy
District advance fund
CAP project costs
Grants payable (note 7c)
**Costs incurredonsupport & administration**
Governance costs
Independent examiner's fee
Other
Printing, postage and stationery
Subscriptions and professional fees
Other administration expenses
Insurance
Miscellaneous expenses
**Total expenditure**|2023
£
187,544
15,307
69,904
2,192
48,421
36,794
11,985
67,719
51,807
9,456
501,129
59,197
560,326
3,500
4,800
8,300
1,070
1,810
7,407
4,232
694
23,513
583,839|2022
£
161,122
18,083
45,409
28,873
35,372
12,176
70,420
168,657
5,460
7,200
552,772
8,050| |---|---|---| |||560,822| |||1,200| |||1,200
1,992
5,371
722
6,114
1,892| |||17,291| |||578,113| |Grants for UK and overseas mission
The comparatives for the previous year areasfollows:
Grants for UK and overseas mission
Grants for the relief of poverty
The charity's principal grants to institutions comprised:
Menston Methodist Church
Burley-in-Wharfedale Methodist Church
Christchurch llkley LEP
Beamsley Centre
Acts 435
**8**
**Analysis of staff costs, the cost ofkeymanagement personnelandtrustee remuneration**
Gross wages and salaries
Social security
Pension costs
Other employment benefits|Institutions
£
59,197
59,197
Institutions
£
7,000
1,050
8,050|Individuals
£
Individuals
£
2023
£
10,500
15,000
31,422
2,275
59,197
2023
£
191,961
16,381
37,889
246,231
2023
£
59,197
59,197
2022
£
7,000
1,050
8,050
2022
£
2,000
5,000
1,050
8,050
2022
£
159,093
12,511
32,345
2,582
206,531| |---|---|---| |Trustees:
Rev Roger Smith (Presbyter)
Rev Timothy Perkins (Superintendent & Presbyter)
Rev Roberta Topham (Presbyter)
Rev Shannon Delaureal (Presbyter)
Rev Cameron Stirk (Presbyter)
Juliana Caukwell (Circuit Administrator)
Michael Fawcett (Circuit Communications Officer)
The following amounts were payableinthe previous year:
Trustees:
Rev Roger Smith (Presbyter)
Rev Timothy Perkins (Superintendent)
Rev Roberta Topham (Presbyter)
Rev Shannon Delaureal (Presbyter)
Deacon Liz Day (Deacon)
Key management connected to trustees:
MrsBLDownes
Other members of key management
Wages &
salaries
26,928
29,621
26,928
26,928
26,928
29,151
6,591
Wages &
salaries
25,824
25,824
25,824
25,824
12,653
2,561
17,992
Other
employment
benefits
Other
employment
benefits
2,582
Employer
pension
contributions
7,244
7,244
7,244
7,244
7,244
1,671
Employer
pension
contributions
6,947
6,947
6,947
5,947
3,404
75
1,496|2023
£
34,172
36,864
34,172
34,172
34,172
30,822
6,591| |---|---| ||210,964| ||2022
£
32,771
35,353
32,771
31,771
16,057
2,636
19,488| ||170,847| ## ## |Freehold
Property
£
Cost or valuation
At 1 September 2022
2,606,461
Additions
Gains/(losses)onrevaluation
Disposals
At31August 2023
2,606,461
Accumulated depreciation
At 1 September 2022
Charge for the year
Eliminatedondisposal
At31August 2023
Net book value
At31August 2023
2,606,461
At31August 2022
2,606,461||Total
2023
£
2,606,461
2,606,461| |---|---|---| |||| |||2,606,461
2,606,461| ## |**12**
**13**
2023
£
**Falling due within one year:**
Other debtors
Prepayments and accrued income
20,401
20,401
**Falling due after one year**
Loans
17,699
17,699
**Total debtors**
38,100
**Current asset investments**
2023
£
TMCP Holdings
421,210
421,210
**Cash at Bank andinHand**
2023
£
Cash at bank with immediate access
7,871
Central Finance Board Deposits
140,108
147,979||2022
£
6,642
27,989| |---|---|---| |||34,631| |||17,699| |||17,699| |||52,330
2022
£
503,526
503,526
2022
£
4,507
131,252| |||135,759| ## ## |**15**
Trade creditors
Accruals
Deferred income
Grant obligations
**Pension commitments**
**Summary of pension contributions payable for year:**
The charity's pension contributions were as follows
to the Methodist Ministers' Pension scheme (defined benefit)
to defined contribution pension schemes
**Summary of pension liabilities at the year end:**
The charity's pension liabilities at the end of the year were as follows:
inrespect of defined benefit pension arrangements
inrespect of defined contributionpension arrangements|2023
£
2,770
36,541
98,556
27,000
164,867
2023
£
36,218
1,671
37,889
2023
£||2022
£
2,372
15,084
86,133
103,589
2022
£
31,190
1,155| |---|---|---|---| ||||32,345| ||||2022
£| ## |_Designated Funds_
The Circuit Model Trust Fund
The Property Fund
The Beamsley Fund
The Norwood Chapel and Retreat Centre Fund
_General Unrestricted Funds_
Total Unrestricted Funds
_Restricted Funds_
CAP Fund
The Norwood Chapel and Retreat Centre Fund
Other small restricted funds
Aggregate of funds|Opening
Incoming
Outgoing
balance
resources
resources
2023
2023
2023
£
£
£
503,526
16,533
(111,363)
28,884
146
(33,222)
24,803
11,900
(4,067)
11,704
568,917
28,579
(148,652)
2,617,933
375,613
(408,498)
3,186,850
404,192
(557,150)
#
3,129
21,500
(22,444)
13,901
(5,423)
4,508
200
(318)
7,637
35,600
(28,185)
3,194,487
439,792
(585,335)|Transfers
inthe year
2023
£
(36,615)
16,693
(8,000)
(11,704)
(39,626)
30,210
(9,416)
9,416
9,416|Gains and
Closing
losses
balance
2023
2023
£
£
(62)
372,020
12,500
24,636
(62)
409,156
2,615,258
(62)
3,024,415
2,185
17,893
4,390
24,468
(62)
3,048,883| |---|---|---|---| ## |Tangible fixed assets
Debtors
Investments held as current assets
Cash at bank andinhand
Creditors falling due within one year
e previous year the movementsinthe charity's funds were as follows:
Opening
Incoming
balance
resources
2022
2022
£
£
_gnated Funds_
The Circuit Model Trust Fund
159,587
2,307
The Property Fund
30,135
The Beamsley Fund
23,109
7,444
The Norwood Chapel and Retreat Centre Fund
12,074
11,502
The Timble Fund
(20)
224,885
21,253
30|Unrestricted Funds
General
Designated
funds
funds
£
£
2,606,461
35,335
2,765
421,210
138,330
(14,819)
(164,867)
2,615,259
409,156
Outgoing
Transfers
resources
in the year
2022
2022
£
£
(178,458)
520,090
(21,931)
20,680
(5,750)
(11,872)
20
(217,991)
540,770|Restricted
funds
2023
£
£
2,606,461
38,100
421,210
24,468
147,979
(164,867)
24,468
3,048,883
Gains and
Closing
losses
balance
2022
2022
£
£
503,526
28,884
24,803
11,704
568,917| |---|---|---| ## |_General Unrestricted Funds_
_Total Unrestricted Funds_
_Restricted Funds_
CAP Fund
Other small restricted funds
_Aggregateoffunds_|2,708,073
2,932,958
6,289
4,508
10,797
2,943,755|791,467
812,720
16,125
16,125
828,845|(340,837)
(558,828)
(19,285)
(19,285)
(578,113)|(540,770)||2,617,933| |---|---|---|---|---|---|---| |||||||3,186,850| |||||||3,129
4,508| |||||||7,637| |||||||3,194,487| ## |Tangible fixed assets
Debtors
Investments held as current assets
Cash at bank andinhand
Creditors falling due within one year|Unrestricted Funds
General
funds
£
2,606,461
51,577
62,661
(102,766)
2,617,933
Designated
funds
£
753
503,526
65,461
(823)
568,917|Restricted
funds
£
7,637
7,637
2022
£
2,606,461
52,330
503,526
135,759
(103,589)
3,194,487| |---|---|---| ##