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← Canterbury And East Kent Methodist Circuit

2023-08-31-accounts

CANTERBURY AND EAST KENT METHODIST CIRCUIT

(Charity Registration No. 1132654)

FINANCIAL STATEMENTS

For the year ending 31 August 2023

CANTERBURY AND EAST KENT METHODIST CIRCUIT Trustees' Annual Report Introduction Our calling is to share the Gospel of Jesus Christ by encouraging, resourcing and enabling the people and churches of the Circuit to serve their communities and the wider world.

The Circuit came into being in September 2014, and was formed from the merger of three Circuits (Canterbury & Coastal, Thanet, and Dover and Deal Methodist Circuits). The new Circuit now comprises of churches covering the north east corner of Kent from beyond Faversham in North West down to Dover in the South East, including Methodist/URC and Methodist/Anglican partnerships. The Circuit also includes two Methodist Foundation Primary Schools and two independent Methodist schools, Kent College Canterbury and Lorenden. We also include Bradbury Grange MHA home.

Covering such a large and diverse area presents many challenges, but also many more opportunities. Canterbury is also home to three universities and its population is swelled by over 30,000 Students each year. The Circuit therefore has appointed a Deacon whose main ministry is to specially work with the Student Community.

We believe the Methodist Circuit encourages us to look beyond our individual congregations to give strength and mutual support to our large and small congregations alike, as we seek to embody the values of God's Kingdom and witness to the good news of Jesus Christ in the world.

Aims and organisation

Proclaiming the Gospel of Christ’s Love through Joyful Worship, Action in Service, and Life in Discipleship.

Brief financial review of the year

The circuit continues to bring together the three former circuits and to reshape for mission.

The finances of the circuit are in deficit but work continues to bring the accounts back into balance with meetings of the church treasuers. Income trends

Circuit income is primarily drawn from the assessment paid by the circuit churches.

The rental income relates to the rental of a manse at Herne Bay together with a District Grant and funds from the Circuit Model Trust

Expenditure trends

Stipend expenditure has increased each financial year in line with conference approved increases. 13.5% of expenditure is the Circuit contribution to the District annd Connexion, of which a significant part is used to fund the work of the wider Methodist Church.

The other expenditure includes expenses on the ministers manses reference both capital and maintenance. Fund balances As at 31 August 2023 the net current assets of the Circuit were £597,700 (2022 : £433,168), giving approximately 6 months cover for expenditure.

Plans for 2023/24

Circuit financial plans for the coming year have been prepared on the basis that there remains 5 full time Presbyters, 2 Deacons and 1.5 presbyters from other denominations with anticipated cost of living stipend increases combined with an increase in the assessment paid to the district. Circuit Churches are indicating that they will have difficulty in increasing their assessment. However discussions have started in order to address the shortfall in income of reduce the expenditure.

Basis of preparation and legal framework The Charity’s annual report and accounts for the year ended 31 August 2023 have been prepared in accordance with the Charities Act 2011 and the Charities: Statement of Recommended Practice 2015 as applicable to the Financial Reporting S tandard(FRS) 102

Full Name of Charity: Canterbury and East Kent Methodist Circuit Registration Charity Number: 1132654 Date of registration : 11 November 2009. Main communication address : Circuit Office , St Peter’s Methodist Church, St Peter’s Street, Canterbury, CT1 2BE

The members of the Canterbury and East Kent Methodist Circuit meeting are the Charity Trustees, membership being made up of circuit office holders, ministers and representatives appointed by the local churches. Fully membership is shown as Appendix A to this report. Circuit Ministers Rev. Emmanuel Aggrey-Ogoe (Superintendent) Rev. Dr Paul Glass Rev. Catherine Wagstaff Rev. Timothy Nicholls Deacon Joy Everingham (Student Chaplain) Deacon Michelle Legumi (Community Worker Dover Beacon Church) Rev. Wesley Hampton Rev. Martin Belgrove (URC)

Circuit Stewards

Mr. Michael Baybutt (Circuit Treasurer) Mr.Neil Dobson (Senior Steward) Mrs. Angela Pilgrim Mr. Peter Bartlett Mrs. Linda Beverton

Administrator

Mrs. Tracey Yates

Investment Bankers Central Finance Board of the Methodist Church 9 Bonhill Street London EC2A 4PE

CANTERBURY AND EAST KENT METHODIST CIRCUIT

Trustees' Annual Report Cont…

Aims and organisation

Charity objective is to act as a Resource provider within the area around East Kent. 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: a) The Christian faith in accordance with the doctrinal standards and discipline of The Methodist Church; b) Any charitable purpose for the time being of any Connexional, District, Circuit. local or other organisation of The Methodist Church; c) Any charitable purpose for the time being of any society or institution subsidiary or ancillary to The Methodist Church; d) Any purpose for the time being of any charity being a charity subsidiary or ancillary to The Methodist Church

The organisation and resourcing of regular public acts of worship open to members of the church and non members alike. The teaching of Christianity through sermons, courses and small groups. The resourcing of pastoral work including visiting the sick and bereaved. Taking religious assemblies in local schools. Promotion of Christianity through the staging of events and services. Provision of chaplaincy services to the local university and other institutions.

Public Benefit

We confirm the trustees have had regard to the Charity Commission’s guidance on public benefit.

Structure, Governance and Management

The governing document for the circuit is the Deed of Union (1932) and Methodist Church Act (1976)

Detailed governance arrangements are outlined within the Constitutional Practice and Discipline of the Methodist Church by order of the annual conference (CPD).

Day to day management of the circuit is undertaken by the Circuit Leadership team along with the Local Preachers meeting, the Circuit Finance and Property Committee

Trustee Training

A range of guidance produced by Methodist Connexion to support the effective running of the circuit , specifically the leaflet ‘The Role of a Trustee in The Methodist Church’ is given to all new Circuit meeting members as induction to their role as trustees.

Related Parties

The Circuit is part of the South East District and is also accountable to the Methodist Conference.

The following Methodist Churches are linked to the circuit

BIRCHINGTON. BROADSTAIRS. CANTERBURY, ST. PETER’S. CHALLOCK DEAL TRINITY DOVER, THE BEACON DOVER - RIVER FAVERSHAM UNITED GARLINGE GREENSTREET HERNE BAY, UNITED CHURCH MARGATE, UNION CHURCH MARSHSIDE MONKTON OLD WIVES LEES RAMSGATE, hARDRES STREET STURRY & DISTRICT, UNITED CHURCH WHITSTABLE, ST JOHN'S

Risk Management

The major risks have been identified and recorded by the Circuit Finance and Property Committee with professional advice taken as required.

There is a regular annual review process undertaken and recorded.

Income and Expenditure is being monitored in total and is compared with the approved annual budget on a half yearly basis to detect trends as part of the risk management process to avoid unforeseen calls on reserves.

Safeguarding Every person has a value and dignity which comes directly from the creation of male and female in God’s own image and likeness. Christians see this potential as fulfilled by God’s re-creation of us in Christ. Among other things this implies a duty to value all people as bearing the image of God and therefore to protect them from harm. Methodist Connexional practice outlines commitment to the following principles: • the care and nurture of, and respectful pastoral ministry with, all children, young people and adults • the safeguarding and protection of all children, young people 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 responsibility within the Church, in line with Safer Recruitment principles, including the use of 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 person may have been harmed, cooperating with the police and local authority in any investigation. • We will seek to work with anyone who has suffered abuse, developing with them an appropriate ministry of informed pastoral care. • We will seek to challenge any abuse of power, especially by anyone in a position of trust.

• We will seek to offer pastoral care and support, including supervision and referral to the proper authorities, to any member of our church community known to have offended against a child, young person or vulnerable adult. • In all these principles we will follow legislation, guidance and recognised good practice The Canterbury and East Kent Circuit commits itself to ensuring the implementation of Connexional Safeguarding Policy; government legislation, guidance and safe practice in the circuit and in the churches.

The Canterbury and East Kent Circuit commits itself to the provision of support, advice and training for lay and ordained people that will ensure people are clear and confident about their roles and responsibilities in safeguarding and promoting the welfare of children and adults who may be vulnerable.

Reserves Policy

The Reserves Policy for the Circuit is to hold a minimum sum equivalent to 6 months’ average expenditure. This should be sufficient to meet any unforeseen item of major expenditure on manses and / or to be able to continue, in the short term, funding planned activities in the event of any inability to raise the full Circuit Assessment from churches.

CANTERBURY AND EAST KENT METHODIST CIRCUIT

Trustees' Annual Report Cont…

SCHEDULE A

Circuit Ministers

Rev. Emmanuel Aggrey-Ogoe (Superintendent) Rev. Dr Paul Glass Rev. Catherine Wagstaff Rev. Timothy Nicholls Deacon Joy Everingham (Student Chaplain) Deacon Michelle Legumi (Community Worker Dover Beacon Church) Rev. Wesley Hampton Rev. Peter Cornish (Rector & Authorised Methodist Minister) Rev. Martin Belgrove (URC)

Supernumerary Ministers

Rev. Canon Malcolm Cooper Rev Malcolm Peach Rev. Roger North Rev. Canon Harvey Richardson Rev. Mike Walling

Circuit Links Angela & Graham Gibbens (OWL)

Lay Employees Circuit Administrator Assistant Circuit Administrator

Mrs. Tracy Yates/Ms Ruth Potter Mrs. Marjorie Dobson

Circuit Officers

Circuit Stewards

Mr. Michael Baybutt (Circuit Treasurer) Mrs.Angela Pilgrim (Senior Steward) Mr. Peter Bartlett Mrs. Linda Beverton Mrs. Marjory Dobson

Circuit Meeting Minute Secretary Mrs. Tracy Yates assisted by Mrs Marjory Dobson Circuit Treasurer Mr. Michael Baybutt Connexional Funds Treasurer Mr. Peter Booth Circuit Property Secretary Mr Douglas Bush (Churches) / Mr. Peter Bartlett (Manses) Circuit Safeguarding Officer Mrs. Sue Boulden Education Rev. Dr. Paul Glass

Representative for Synod

Mr. Neil Dobson (ex officio) Mrs. Linda Beverton Mrs. Sue Boulden Mrs. Marjory Dobson Mr. Michael Baybutt Mrs. Angela Pilgrim

Local Preachers’ Secretary Mrs. Christine Barker Manses Secretary Mr. Peter Bartlett Methodist Women in Britain Mrs. Marjory Dobson All We Can Rev . Roger North JMA Mrs. Ruth Denton Action for Children Mrs . Sue Huston-Dalgleish Methodist Homes Mrs. Jean Hall Social Responsibility Rev. Canon Malcolm Cooper Invitations Committee Circuit Stewards & Circuit Ministers World Missions Secretary/Representative Mrs. Marjory Dobson

BIRCHINGTON. Steward Susan Huston-Dalgliesh Treasurer Christine Barker Representatives Timothy Setchell, Jerry Collis BROADSTAIRS. Steward Carl Morris Treasurer Neil Dobson Representatives Janet Pitt CANTERBURY, ST. PETER'S Steward Richard Cockell Treasurer James McCrea Representatives Helen Brown, Kaye Merrywest CHALLOCK Treasurer Beryl Nason Representative Jill Jones DEAL TRINITY Steward Geoff Potter Treasurer Neil Adams Representative Val Newman, Margaret Barker DOVER, THE BEACON Steward ` Elizabeth Beck Treasurer E. Rawson Representative Ron Sutton, Maureen MacDonald DOVER - RIVER Steward Helen Dear Treasurer Jane Walker Representative Derek Leach

CANTERBURY AND EAST KENT METHODIST CIRCUIT

Trustees' Annual Report Cont…

FAVERSHAM UNITED

Steward/Elder Ron Trivasse Treasurer Roger Berryman Representative Reg Barnes GARLINGE Steward Monica Harrison Treasurer Dennis Jarvis Representative Wendy Miller GREENSTREET Acting Treasurer Roger Berryman (From Faversham) HERNE BAY, UNITED CHURCH Steward John Nicholson Treasurer Michele Nicholson Representatives Barbara Hammerton MARGATE, UNION CHURCH Steward Pat Stringer Treasurer Andrew Ogden Representative Bob Buchanan MARSHSIDE Steward Ronald Nicholls Treasurer Andrew Marchetti Representative Anthony Russell MONKTON Steward Treasurer Robert Hood Representative Peter Mitchell OLD WIVES LEES Steward Peter Bartlett Treasurer Mary Bartlett RAMSGATE, HARDRES STREET Steward Gillian Todd Treasurer Jackie Howe Representative Jeremy Fisher, Doug reed, John Impett, Peter Griggs STURRY & DISTRICT, UNITED CHURCH Churchwarden Anne Stevenson Treasurer Andrew Webster Representatives Martin and Angela Pilgrim WHITSTABLESt. JOHN’S Steward Lorna Horn Treasurer Graham Godley Representative Hilary Baybutt, Brenda Feast, Roger Rigg, Sue Rigg

Circuit No : 36/27

CANTERBURY AND EAST KENT METHODIST CIRCUIT

Statement of Financial Activities (SOFA) for the year ended 31 August 2023

Notes
Income and Endowments
1 Donations and legacies
2 Income from monetary investments
3 Income from investment properties
3
4 Assessments on Churches
4
5 Capital Receipts
5
6 Grants received
6
7 Other charitable income
7
8 Total income
Expenditure
9 Grants and donations
8
10 Salaries and associated costs
9
11 Property
10
12 Office expenses
11
13 District Assessment & Levy
12
14 Depreciation
15 Other outgoings
13
16 Total charitable expenditure
17 Net Income before investment gains/losses
19 Gains/(losses) on monetary investments
14
20
Gains/(losses) on property disposals/revaluations
15
21 Net incoming/(outgoing) resources before transfers
22 Transfers between funds
23 Reclassification of funds
16
24 Other gains/(losses)		 Unrestricted Funds Unrestricted Funds Unrestricted Funds Restricted & Endowment
Funds		 Restricted & Endowment
Funds
Total
2022-23		 Total
2021-22
General Circuit
Model Trust		 Designated Restricted Endowment
£ £ £ £ £ £ £
0 0
1,693 9,578 492 3,540 15,303 2,178
34,700 34,700 12,600
404,356 404,356 277,779
4,605 365,925 370,529 174,386
10,000 10,000 10,000
52,133 52,133 60,171
507,486 375,503 0 492 3,540 887,022 537,114
55,120 87 831 56,038 55,734
267,900 267,900 305,098
94,857 94,857 60,911
13,839 670 45 321 14,874 18,241
73,405 9,248 82,654 83,890
0 828
5,508 5,508 4,209
510,629 9,917 0 132 1,152 521,830 528,911
(3,143) 365,586 0 360 2,389 365,192 8,203
(28) (177) (1,262) (1,467) (2,318)
395,429 395,429 109,831
392,286 365,558 0 183 1,127 759,154 115,716
271,665 (271,665) 0 0
0 0 0
25 Net movement in funds 663,951 93,893 0 183 1,127 759,154 115,716
26 Total funds brought forward
27 Total funds carried forward		 2,367,398 234,954 0 15,867 112,897 2,731,116 2,615,400
3,031,349 328,847 0 16,050 114,024 3,490,270 2,731,116

Circuit No : 36/27

CANTERBURY AND EAST KENT METHODIST CIRCUIT

Balance Sheet as at 31 August 2023

Fixed Assets Notes Unrestricted Funds Unrestricted Funds Unrestricted Funds Restricted & Endowment
Funds		 Restricted & Endowment
Funds		 Total
2023
 Totals
2022
General Circuit
Model Trust		 Designated Restricted Endowment
£ £ £ £ £ £
Circuit Manses & Equipment BS1 2,428,538 2,428,538 1,881,515
Investmentproperties BS1 830,953 830,953 381,882
Investments BS2 629 3,997 28,453 33,079 34,551
Totalfixed assets 3,259,491 629 0 3,997 28,453 3,292,569 2,297,948
Current Assets
Debtors BS3 186,405 186,405 118,350
Loans bythe Circuit 0 0
Investments with TMCP BS2 328,219 12,053 85,570 425,842 329,169
Central Finance Board Deposits BS4 43,292 43,292 53,708
Cash at Bank and in hand BS4 46,413 46,413 20,445
Total current assets 276,110 328,219 0 12,053 85,570 701,952 521,672
Current liabilities
Creditors(due in under 1year) BS5 104,252 104,252 88,504
Grantspayable within 2022-23 0 0
Total current liabilities 104,252 0 0 0 0 104,252 88,504
Net current assets/(liabilities) 171,858 328,219 0 12,053 85,570 597,701 433,168
Total assets less current liabilities 3,431,349 328,847 0 16,050 114,024 3,890,270 2,731,116
Long term liabilities (due
after more than oneyear)
Grantspayable after 2022-23 0 0
Loans to the Circuit 400,000 400,000 0
0 0
Net assets 3,031,349 328,847 0 16,050 114,024 3,490,270 2,731,116
Funds of the Circuit
General Fund(Unrestricted) BS6.1 3,031,349
Circuit Model Trust Fund (Unrestricted) BS6.2 328,847
Designated Funds(Unrestricted) 0
Total Unrestricted Funds 3,360,196 2,602,352
Restricted Funds BS7 16,050 16,050 15,867
Endowment Funds BS7 114,024 114,024 112,897
Total Funds 3,031,349 328,847 0 16,050 114,024 3,490,270 2,731,116

CANTERBURY AND EAST KENT METHODIST CIRCUIT

Notes to the financial statements for the year ending 31 August 2023

1 Basis of accounting and accounting policies

i Accounting framework

The financial statements have been prepared under the Charities Act 2011 in accordance with the 2014 version of Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective from 1 January 2015) – (the Charities SORP (FRS 102) as amended by Update Bulletin 1) – in replacement for the SORP’s 2005 version specified in its related 2008 Regulations and in accordance with the “true and fair override” provision contained therein.

ii Public benefit entity

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

iii 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 Circuits financial position and activities.

iv Content

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

v FRS102 SORP2015 [applies to 2016-17 onwards]

These accounts are compliant with FRS102 and with the FRS102 SORP 2015.

vi Going concern

Based on the monetary assets and human resources available at 31 August 2023, the trustees believe that the Circuit is a going concern.

vii Consolidation

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

CANTERBURY AND EAST KENT METHODIST CIRCUIT

Notes to the financial statements for the year ending 31 August 2023

Cont…

viii Income recognition

Income is brought into account when there is entitlement and the amount is reliably measurable once it is more likely than not that the economic benefit of the income will be forthcoming.

Individual amounts categorised as Other income in the SOFA will be shown separately if they are considered material.

The Circuit acts as agent in two matters:

In all these matters the transactions are not reflected in the SOFA because they are the income of either the Connexion or Churches as appropriate.

In accordance with the Charities SORP (FRS 102), the time of volunteers is not recognised.

ix Expenditure

This is recognised when a liability is incurred, or a constructive obligation arises, where the amount is reliably measurable and it is considered more likely than not that there will be an outflow of economic benefit.

x Grants

Grants are recognised in full when the award is made once the District accepts that there is a legal or constructive obligation to make the payment and that such payment is probable. When the grant is recurrent over more than one year the balance payable in future years is treated as a provision for future commitments in the Balance Sheet against the appropriate fund, the provision being released in future years as instalments are paid in accordance with the original terms agreed.

xi VAT

Since the Circuit is not VAT registered, all input VAT is charged with the expenses to which it refers.

xii Tangible fixed assets

These are capitalised if they can be used for more than one year, and individually cost at least £1,000. The freehold property is shown in the accounts at deemed historical cost representing each property's gross carrying value as at 31 August 2023, being that property's insurance value in 2022. No depreciation is provided on the buildings because the trustees consider the current residual fair value of the manse buildings (on the assumption that it had reached the end of its useful economic life by the year-end) to be not less than its cost to date. Properties have been reviewed for impairment.

CANTERBURY AND EAST KENT METHODIST CIRCUIT

Notes to the financial statements for the year ending 31 August 2023

Cont…

xiii Monetary Investments

The Circuits investments are in monetary assets classified as basic financial instruments under FRS102 and are held by the Trustees for Methodist Church Purposes (TMCP) as custodian trustees. The valuations, at market value, are those provided by TMCP. The unrealised gains arising on investments at the end of the year are shown in the SOFA.

xiv Investment Property

From time to time the Circuit may hold residential property (formerly manses) which is surplus to its normal staffing requirements. Where this is the case and it is anticipated thet the property is unlikely to be used as a manse for a period of two years, the property is classified as Investment Property (whether let or not) and any lets are at market rates unless there is a compelling reason not to do so in futherance of the circuit's charitable objectives.

xv Receivables and Payables; Bank and Cash

Debtors are stated at the amounts owed to the Circuit or prepaid. Creditors are initially recognised at settlement amount after any trade discounts, where normal credit terms apply, or the amount advanced to the Circuit. Subsequently creditors that are current liabilities are measured at the cash or other consideration expected to be paid. The liquid funds of bank balances and deposit account balances are shown at the realisable values.

xvi Methodist Church Fund

The Methodist Church Connexion raises assessments on Circuits and these are paid quarterly to their Districts. The Circuits raise assessments against Churches in the Circuit. The District quarterly remits to The Methodist Church Fund most of the sum received from Circuits. A small sum is retained by the District to meet its own costs. The Circuit may act as agent for ad hoc collections for various funds controlled and administered by The Methodist Church.

xvii Ministers' manse cocts

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 cost of repairs, maintenance, buildings insurance, Council Tax, water charges and telephone costs. These figures are not separately disclosed as benefits-in-kind as HMRC does not seek to tax these receipts in the hands of ministers.

CANTERBURY AND EAST KENT METHODIST CIRCUIT

Notes to the financial statements for the year ending 31 August 2023

2 Glossary of terms

CFB: Central Finance Board of the Methodist Church manages a Common Deposit Fund and a series of pooled investment funds for Methodist entities in Great Britain and provides investment advice to those entities

Church: a group of members from fewer than 10 to more than 300 Circuit: a group of Methodist Churches near each other, typically between 10 and 30 CMTF: Circuit Model Trust Fund Connexion: The Methodist Church in GB which includes the Head Office at Methodist Church House, all Methodist Districts, Circuits and Churches in Great Britain District: a group of contiguous Circuits, usually between 15 and 30 DAF: District Advance Fund DPC: District Policy Committee FRS: Financial Reporting Standard MCF: Methodist Church Fund MMPS: Methodist Ministers’ Pension Scheme PASLEMC: Pensions and Assurance Scheme for Lay Employees of the Methodist Church SOFA: Statement of Financial Activities SORP: Statement of Recommended Practice TMCP: Trustees for Methodist Church Purposes, the legal owner and Custodian Trustee of all Methodist Model Trust property, including Legacies, Endowments and Accumulated Funds

CANTERBURY AND EAST KENT METHODIST CIRCUIT

Notes to the financial statements for the year ending 31 August 2023

3 Income from Investment Property

The trustees have determined that the property listed below is unlikely to be returned as a manse in the forseeable future and have therefore classified the same as an investment property. Letting income is shown gross of fees and commissions.

General CMTF Desig Restricted Endow Total 2022
Letting Income:
80 Linden Avenue, Herne Bay 13,800 13,800 12,600
79 Preston Park, Faversham 20,900 20,900 0
Totals **34,700 ** 0 0 0 0 34,700 12,600

4 Assessments on Churches

The Circuit comprises 18 churches and each is assessed for a contribution to meet the overall net costs of the Circuit. In making it's Assessment budgeted income from investment income (including property letting) and confirmed external grants is taken into account. The Circuit aims to cover all it's net costs from the Assessment.

An Assessment on Churches is annually determined by the Circuit using a formulaic method which takes into account the relative number of members in each church and its relative income (after deduction of certain actual and notional expenses).

Assessments on churches are quarlerly in advance abd are treated as pre-payments on a receivable basis. If any church has not paid its assessment by the due date the sum in question is also treated as a creditor. Such cases are detailed in Notes BS3 and BS6.

Church General CMTF Desig Restricted Endow Total 2022
Birchington 9,996 9,996 9,444
Broadstairs 21,000 21,000 21,996
Challock 3,780 3,780 2,916
Faversham 24,372 24,372 22,164
Garlinge 9,996 9,996 13,572
Hardres Street 37,620 37,620 33,288
Herne Bay 24,096 24,096 21,912
Monkton 2,328 2,328 2,124
River 41,508 41,508 40,908
St. Johns 39,600 39,600 36,000
St. Peters Canterbury 90,000 90,000 95,484
Sturry 21,996 21,996 20,004
Dover -Beacon 34,104 34,104 34,104
Deal 28,764 28,764 26,148
Margate 14,520 14,520 13,200
Whitsable - URC 676 676 800
Old Wives Lees 0 0 902
Marshside 0 0 3,404
Assessments written off 0 0 -120,591
Totals 404,356 0 0 0 0 404,356 73,455

CANTERBURY AND EAST KENT METHODIST CIRCUIT

Notes to the financial statements for the year ending 31 August 2023

5 Capital Receipts

Relates to the sale of Greenstreet Methodist Church, Teynham in January 2023. The figure is shown net of all related selling fees and commissions.

In addition all sales of Methdist property are subject to a levy by the Connexion calculated on a sliding scale based on the gross sale price.

General CMTF Desig Restricted Endow Total 2022
Gross sale proceeds 19,487 301,513 321,000 266,000
COF Levy on Property Sales (96,074) (96,074) (76,257)
COF Levy refund 160,486 160,486 0
Selling Agents fees (12,066) (12,066) (9,996)
Legal fees (2,817) (2,817) (2,866)
Surveyors fees 0 (2,495)
Totals 4,605 365,925 0 0 0 370,529 174,386

6 Grants Receivable

Circuit Mission Enabler General CMTF Desig Restricted Endow Total 2022
District advance - Deacon 10,000 10,000 10,000
Totals 10,000 0 0 0 0 10,000 10,000

7 Other Income

General CMTF Desig Restricted Endow Total 2022
Payments for salaries:
St. Peter's 18,251 18,251 15,813
Whitstable 21,111 21,111 19,059
Ramsgate 8,227 8,227 16,746
Margate 0 0 1,150
Misc 175 175 375
Donations 4,369 4,369 7,029
Totals 52,133 0 0 0 0 52,133 60,172

CANTERBURY AND EAST KENT METHODIST CIRCUIT

Notes to the financial statements for the year ending 31 August 2023

8 Grants & Donations

Grants and donations as listed below were agreed and/or made during the year. Where a grant has been made from the Circuit Model Trust Fund, Restricted or Endowment Funds and the grant monies are for use within the Circuit they are treated as a transfer between Funds. The tables below (one for each fund type) detail the new grants agreed and paid over this year, this years instalment of grants agreed in prior years and the future instalments of grants to be paid.

Grants & Donations Grants & Donations Grants & Donations Grants & Donations Grants & Donations Grants & Donations Grants & Donations Grants & Donations Grants & Donations Grants & Donations Grants & Donations
Grants and donations as listed below were agreed and/or made during the year. Where a grant has been made from the Circuit
Model Trust Fund, Restricted or Endowment Funds and the grant monies are for use within the Circuit they are treated as a transfer
between Funds. The tables below (one for each fund type) detail the new grants agreed and paid over this year, this years
instalment of grants agreed in prior years and the future instalments of grants to be paid.
This Year New General
Grantee Donee Agreed Paid
External		 Paid
Internal
Tfr		 Carried
forward		 Unpaid
b/fwd		 Piad this
year Ext		 Paid
Internal
Tfr		 Carried
forward		 Total
Paid Ext		 Total
Paid Int
Tfr
United Reformed Church 51,120 51,120
Crosslinks 4,000 4,000
Totals 0 0 0 0 0 55,120 0 0 55,120 0
This Year New This Year New This Year New Circuit Model Trust Circuit Model Trust Circuit Model Trust Circuit Model Trust
Grantee Donee Agreed Paid
External		 Paid
Internal
Tfr		 Carried
forward		 Unpaid
b/fwd		 Piad this
year Ext		 Paid
Internal
Tfr		 Carried
forward		 Total
Paid Ext		 Total
Paid Int
Tfr
Totals 0 0 0 0 0 0 0 0 0 0
This Year New Designated
Grantee Donee Agreed Paid
External		 Paid
Internal
Tfr		 Carried
forward		 Unpaid
b/fwd		 Piad this
year Ext		 Paid
Internal
Tfr		 Carried
forward		 Total
Paid Ext		 Total
Paid Int
Tfr
Totals 0 0 0 0 0 0 0 0 0 0
This Year New Restricted
Grantee Donee Agreed Paid
External		 Paid
Internal
Tfr		 Carried
forward		 Unpaid
b/fwd		 Piad this
year Ext		 Paid
Internal
Tfr		 Carried
forward		 Total
Paid Ext		 Total
Paid Int
Tfr
Circuit Churches
Deal & Dover 87
Totals 0 0 0 0 0 0 87 0 0 0
This Year New Endowment
Grantee Donee Agreed Paid
External		 Paid
Internal
Tfr		 Carried
forward		 Unpaid
b/fwd		 Piad this
year Ext		 Paid
Internal
Tfr		 Carried
forward		 Total
Paid Ext		 Total
Paid Int
Tfr
Circuit Churches
Deal & Dover 831 831
Totals 0 0 0 0 0 0 831 0 0 831

CANTERBURY AND EAST KENT METHODIST CIRCUIT

Notes to the financial statements for the year ending 31 August 2023

9 Stipends and Salaries and Associated Costs

Ministers and Deacons Full Time
(5)		 Part Time General CMTF Desig Restricted Endow Total
Stipends 138,169 138,169 138,169
Pension Fund Contribution 35,255 35,255 35,255
National Insurance 12,905 12,905 12,905
Travel 13,575 13,575 13,575
AppLevy 990 990 990
Costs 576 576 576
201,471 201,471 0 0 0 0 201,471
Layworkers Full Time
(6)		 Part Time General CMTF Desig Restricted Endow Total
Salary 40,586 40,586 40,586
Pension Fund Contribution 2,777 2,777 2,777
National Insurance 2,720 2,720 2,720
46,083 46,083 0 0 0 0 46,083
Administration Staff Full Time
(1)		 Part Time General CMTF Desig Restricted Endow Total
Salary 18,840 18,840 18,840
Pension Fund Contribution 819 819 819
National Insurance 687 687 687
20,346 20,346 0 0 0 0 20,346
Stipends & Salaries Totals
267,900 0 0 0 0 267,900

No employees received employee benefits of more than £60,000. There is no accrual for holiday pay as it is immaterial; the holiday years end on 31st August. All staff are paid at or above the living wage.

Whilst several lay workers are paid through the central paroll system of the Methodist Church, there expenditure is reimbursed by the appropriate church with one exception whos majority of pay is reimbursed by Faversahm and Whitstable although the circuit is making a contribution towards this costs.

3 churches in the circuit, Faversham (Methodist), Herne Bay (URC) and Deal (Methodist) have URC ministers. Accordingly payments are made to the URC to cover Stipend costs and Misc expenes. The circuit also makes a contribution to the URC in respect of Rev Martin Belgrove for 75% stipend and expenses. Rev Alan Spence for 50% stipend and expensed. The circuit also pays the Diocese of Canterbury stipend expenses for Rev Peter Cornish and Sturry PCC for his expenses.

Pensions

Most ordained Presbyters and Deacons are members of the Methodist Ministers' Pension Scheme (MMPS). This is a defined benefit scheme. The Supreme Court held in 2014 that Methodist ministers (which term includes presbyters and deacons) are nor employes of the church. For simplicity, however, when dealing with National Insurance Contributions, the terms 'employer' and 'employee' are used as they would be in an employing body. Other employees are not

CANTERBURY AND EAST KENT METHODIST CIRCUIT

Notes to the financial statements for the year ending 31 August 2023

9 Stipends and Salaries and Associated Costs Cont..

Cost of Superintendent, Presbyters and Trustees

The Superintendent of the Circuit, the other Presbyters and the remaining members of the CLT are considered as Key Management Personnel. The Superintendent chairs meetings of the CLT and Circuit Meetings. The members of the Circuit Meeting are the trustees of the Circuit. The stipends, employer's NIC and employer's pension contributions and other expenses of the Presbyters of the Circuit are paid by the Circuit.

The manses are provided by the Circuit and the Circuit maintains the property. The value of the Council Tax and water charges paid by the Circuit is not disclosed here as HMRC does not regard the as a benefit-in-kind in the hands of the minister.

Each Presbyter in entitled to a 3 month sabatical every 5 years and the expenses incurred by the Presbyter are met by the Connexion with the Circuit continuing to pay the stipend. There have been no sabatical during the year.

Payments to trustees

Fees and Expenses paid to Circuit Trustees during the period 1 September 2022 to 31 August 2023

Trustee
Rev E Aggrey-Ogoe
Rev C Wagstaff
Rev T Nicholls
Rev W Hampton
Rev M Cooper
Deacon M Lugumi
Mr M Baybutt
Mrs A Pilgrim
Mr P Bartlett
Ms L Beverton
Mr N Dobson
Mrs M Dobson
Mrs T Yates
Ms C Barker
Totals		 Expenses
incurred and
reimbursed
399
52
2,244
65
9
476
528
199
97
0
270
451
5
85
4,880		 Travelling
expenses
reimbursed
1,425
590
2,732
853
602
1,637
441
78
8
8,365		 Fees Paid
1,025
1,025
14,270

Notes Travelling expenses are at the rate stipulated by the Methodist Conference or the Circuit for cars and cycles if the actual cost of travel by othe means including public transport

CANTERBURY AND EAST KENT METHODIST CIRCUIT

Notes to the financial statements for the year ending 31 August 2023

10 Property Expenses

The Circuit is Managing Trustee for seven manses . Three manses are let and are treated as an investment properties.

Manses

Manses
General CMTF Desig Restricted Endow Total
Council Tax 15,328 15,328
Water charges 4,368 4,368
Insurance 8,851 8,851
Light and heat 1,305 1,305
Repairs 45,787 45,787
Whitstable URC 3,950 3,950
Propertyinspection 0 0
Surveyreport 3,300 3,300
Totals 82,888 0 0 0 0 82,888
Letting Expenses
General CMTF Desig Restricted Endow Total
Agents fees 4,164 4,164
Totals 4,164 0 0 0 0 4,164
Other property expenses
General CMTF Desig Restricted Endow Total
Legal &professional fees 7805 7805
Totals 7805 0 0 0 0 7805
Property Totals
94,857
0
0
0
0
94,857

11 Office & Administration cocts

General CMTF Desig Restricted Endow Total
Printing, postage and stationery 1,728 1,728
Telephone 4,061 4,061
Bank charges 62 62
Bridgingloan fee 400 400
Computer costs 1,632 1,632
Office expenses 2,073 2,073
Professional services 284 284
Accountancy 3,600 3,600
Auditors remuneration 0 0
TMCP admin/investment fees 670 45 321 1,035
Totals 13,839 670 0 45 321 14,874

CANTERBURY AND EAST KENT METHODIST CIRCUIT

Notes to the financial statements for the year ending 31 August 2023

12 District Assessment & Levy

The District Assessment is calculated relative to the proportion of church church members and staffing (Presbytes and Mission staff only) of all Circuits in the District. 50% of the overall cost is calculated using relative membership proportions and 50% using relative staffing proportions.

The levy is calculated on a sliding scale percentage of the Circuit's CMTF account balance as at 31st August the previous accounting year.

General CMTF Desig Restricted Endow Total
District Assessment 16,685 16,685
Methodist Church Fund(MCF) 56,720 56,720
Levyon CMTF Funds 9,248 9,248
0
Totals 73,405 9,248 0 0 0 82,653
Other Outgoings
General CMTF Desig Restricted Endow Total
PreachingFees 1,350 1,350
Quinquennial Inspections 650 650
Minister relocation costs 2,099 2,099
Miscellaneous 1,410 1,410
Totals 5,508 0 0 0 0 5,508

13 Other Outgoings

14 Investment Management

During the year the Circuit paid TMCP, the custodians of the Circuit's investments (Circuit Model Trust Fund, Restricted and Endowment Funds) management charges based on 0.2% of the value of the individual funds at the beginning of the year.

Realised and Unrealised losses in the invested funds are listed below.

General CMTF Desig Restricted Endow Total
Circuit Model Trust (28) (28)
Collins Bequest 5081 (177) (177)
Balch Bequest 5854 (129) (129)
Cook Settlement Fund 8692 (1,133) (1,133)
Totals 0 (28) 0 (177) (1,262) (1,467)

15 Property disposals/revaluations

The net gains or losses are detailed below. The current carrying values are based on the property insurance value as at October 2022.

Carrying Purchase/
(sale)		 Revalue Gain/(Loss)
23 South CanterburyRoad 411,317 483,298 71,981
22 Hillview Road 311,165 365,620 54,455
The Sycamores 484,078 568,793 84,715
23 Riverdale 349,644 410,832 61,188
1 Tolputt Close 600,665 599,995 (670)
80 Linden Avenue 381,882 448,712 66,830
79 Preston Park 325,311 382,241 56,930
Totals 2,263,397 600,665 3,259,491 395,429

16 Reclassification of funds

Any fund classification hs changed (e.g. Restricted to Unrestricted or vice versa) at the direction of the Circuit trustees or Custodian trustees is listed below.

Circuit property is always carried in the General Fund but upon sale the net proceeds are processed through the Circuit Model Trust Fund. This requires an adjustment and any such sales during the year are reflected below at the gross sale price

General CMTF Desig Restricted Endow Total
0
Totals 0 0 0 0 0 0

CANTERBURY AND EAST KENT METHODIST CIRCUIT

Notes to the financial statements for the year ending 31 August 2023

BS1 Manses & Other Property

Buildings comprises of 5 manses located in Broadstairs, Canterbury, Dover and Whitstable. There are 2 investments properties, one in Herne Bay and a former manse in Faversham

1.1 Cost or valuation

Investment
Properties		 Investment
Properties		 Land Buildings Plant,
machinery
and motor
vehicles		 Fixtures,
fittings and
equipment		 Assets under
construction		 Total
£ £ £ £ £ £ £
Balance brought forward 381,882 0 1,881,515 0 8,905 0 1,890,420
Additions in theyear 600,665 600,665
Revaluations 123,760 271,669 271,669
Less: Disposals in theyear 0
Transfers between categories 325,311 (325,311) -325,311
Balance carried forward 830,953 0 2,428,538 0 8,905 0 2,437,443
1.2 Accumulated depreciation and
impairment provisions
Basis
Rate		 N/A
N/A
N/A
SL
3years
Balance brought forward 0 0 0 0 8,905 0 8,905
Depreciation charge for theyear 0 0
Impairmentprovisions
Revaluations 0
Disposals 0
Transfers 0
Balance carried forward 0 0 0 0 8,905 0 8,905
1.2 Net book value
Balance brought forward 381,882 0 1,881,515 0 0 0 1,881,515
Balance carried forward 830,953 0 2,428,538 0 0 0 2,428,538
Value
448,712
382,241
483,298
365,620
568,793
410,832
599,995
3,259,491
Property Type Value
80 Linden Avenue Investment 448,712
79 Preston Park Investment 382,241
23 South CanterburyRoad Manse 483,298
22 Hillview Road Manse 365,620
89a Ramsgate Road Manse 568,793
23 Riverdale Manse 410,832
1 Tolputt Close Manse 599,995
3,259,491

CANTERBURY AND EAST KENT METHODIST CIRCUIT

Notes to the financial statements for the year ending 31 August 2023

BS2 Investment Assets (and Trustees for Methodist Church Purposes (TMCP))

The funds that support the Circuit Model Trust Fund and the Circuit's other funds (as listed below) are held by TMCP in Trust ees Interest and/or Managed Equity Funds on which interest and dividends are credited to the accounts each month/quarter. These are regarded as medium and long term inve stments.

TMCP is the legal owner and custodian trustee of all Methodist model trust property, including legacies, endowments and accum ulated funds. Trust property is held for and on behalf of local managing trustees who are responsible for the day to day management of trust property. TMCP ensure tha t, through providing guidance and acting under their direction, the managing trustees comply with Charity Law and Methodist Law and policy as determined by the Method ist Conference.

Price (£)

2C100 - CFB Mana
2C110 - Trustees I
2C100 - No Units
2C100
2C110		 ged Mixed Fund
5.028
nterest Fund
n/a		 ged Mixed Fund
5.028
nterest Fund
n/a		 ged Mixed Fund
5.028
nterest Fund
n/a		 ged Mixed Fund
5.028
nterest Fund
n/a		 ged Mixed Fund
5.028
nterest Fund
n/a		 ged Mixed Fund
5.028
nterest Fund
n/a		 ged Mixed Fund
5.028
nterest Fund
n/a		 ged Mixed Fund
5.028
nterest Fund
n/a		 ged Mixed Fund
5.028
nterest Fund
n/a		 ged Mixed Fund
5.028
nterest Fund
n/a		 ged Mixed Fund
5.028
nterest Fund
n/a		 ged Mixed Fund
5.028
nterest Fund
n/a		 ged Mixed Fund
5.028
nterest Fund
n/a		 ged Mixed Fund
5.028
nterest Fund
n/a		 ged Mixed Fund
5.028
nterest Fund
n/a		 ged Mixed Fund
5.028
nterest Fund
n/a
CMTF
18669		 Various
Bequests
6859		 Circuit
Account
11817		 Various
Bequests
3088		 Sale of
Land
8031		 Ashby
Bequest
18169		 Collins
Bequest
5081		 Restricted Balch
Bequest
5854		 Flints
Charity
1139		 Cook
Bequest
19409		 Kidman
Trust
5970
Wilson
Bequest
8031A		 Cook
Settlement
Fund
8692		 Endow Total
£ £ £ £ £ £ £ £ £ £ £ £ £ £

125		 795 795 580 5,079 5,659 5,999

629		 0 0 0 0 0 3,997 3,997 2,916 0 0 0 0 25,537 28,453 33,079
328,219 2,906 2,254 4,193 552 1,884 264 12,053 1,596 680 78,872 310 112 4,000 85,570 425,842
328,847 2,906 2,254 4,193 552 1,884 4,261 16,050 4,513 680 78,872 310 112 29,537 **114,024 ** 458,921

BS3 Debtors & Prepayments

ments
General CMTF Desig Restricted Endow Total
Church Assessments 164,435 164,435
Stipends,Pension,NI 15,527 15,527
Other Debtors 6,443 6,443
Totals 186,405 0 0 0 0 186,405

BS4 Central Finance Board (CFB) and Bank balances

Monetary balances held at the Central Finance Board of the Methodist Church are available on demand without loss of interest.

General CMTF Desig Restricted Endow Total
Central Finance Board - Savings accounts 41,547 41,547
Central Finance Board - Current accounts 1,745 1,745
43,292 0 0 0 0 43,292
CAF current account 41,290 41,290
CAF deposit account 5,123 5,123
46,413 0 0 0 0 46,413
Totals 89,704 0 0 0 0 89,704

BS5 Creditors, Accruals and Income in Advance

Unrestricted Fund
BS6.1 General Fu		 General CMTF Desig Restricted Endow Total
Expenses 29,894 29,894
Accountancy 3,600 3,600
Auditors remuneration 0 0
Stipends - URC 23,732 23,732
URC(M&M) 47,026 47,026
Totals 104,252 0 0 0 0 104,252
s
nd
Balance as at 31 August		 2023
2022
3,031,349 2,367,398
ctives of the Circuit and which have not been designated for other
propertiesand a redundant church.
The purpose of th
purposes. About		 e fund is for use at the discretion of the trustees in the furtherance of the general obje
98% of this fund is held as a freehold property, being manses for ministers, investment		 ctives of the Circuit and which have not been designated for other
propertiesand a redundant church.

BS6 Unrestricted Funds

BS6.2 Circuit Model Trust Fund

BS6.2 Circuit Model Trust Fund
Balance as at 31 August 2023 2022
328,847 234,954
The purpose of the fund is for use at the discretion of the trustees in the furtherance of the general obje
formulaically determined contributions from the sale of manses and church buildings inthe Circuit.
Although this is technically an Unrestricted Fund under the control of the Circuit Meeting, prior approval		 ctives of the Circuit. Its main source of income is legacies and
is still required from the Dirstrict to utilise these funds.
Restricted and Endowment Funds
Balance as at 31 August
Restricted Funds
Endowment Funds		 2023
2022
16,050
15,867
114,024
112,897
2023 2022
16,050 15,867
114,024 112,897

BS7 Restricted and Endowment Funds

The restricted and endowment funds exist to support the circuit with the exception of the Evelyn Hilda Ashby Bequest which isto support individuals in specific need. All the funds' assets are managed by TMCP and the net income (after charges) is paid direct to the administrators of the fund.

CANTERBURY AND EAST KENT METHODIST CIRCUIT

Notes to the financial statements for the year ending 31 August 2023

BS8 Summary of fund movements

Fund Balance at
01/09/2022		 Income Expenditure Transfers Revaluations Gains/Losses Balance at
31/08/2023
£ £ £ £ £ £ £
General 2,469,080 507,486 (510,629) 271,665 395,429 3,133,032
Circuit Model Trust 234,954 251,349 (85,330) (150,000) (44) 250,929
Total unrestricted 2,704,034 758,836 (595,959) 121,665 0 395,385 3,383,961
Various Bequests 6859 2,909 14 (8) (3) 2,912
Circuit Account 11817 2,190 10 (7) 2,194
Various Bequests 3088 4,074 19 (12) 4,081
Sale of Land 8031 536 3 (2) 537
AshbyBequest 18169 1,830 9 (5) 1,833
Collins Bequest 5081 4,327 108 (13) (280) 4,143
Total Restricted 15,866 162 (46) (3) (280) 15,699
Balch Bequest 5854 4,522 85 (13) (204) 4,390
Flints Charity1139 661 3 (2) 662
Cook Bequest 19409 76,631 359 (218) 76,772
Kidman Trust 5970 301 1 (1) 302
Wilson Bequest 8031A 108 1 (0) 108
Cook Settlement Fund 8692 30,674 710 (706) (1,788) 28,890
Total Endowment 112,897 1,159 (940) 0 (1,992) 111,124
Total Restricted and Endowment 128,763 1,321 (986) (3) 0 (2,272) 126,823
Total of all funds
2,832,797 760,157 (596,946) 121,663 0 393,113 3,510,784

BS9 Analysis of net assets between funds

Tangible fixed assets
Fixed assets investments
Investments
Current assets
Current liabilities		 General CMTF Desig Restricted Endow Total
2,428,538 0 0 0 0 2,428,538
830,953 0 0 0 0 830,953
629 0 3,997 28,453 33,079
276,110 328,219 0 12,053 85,570 701,951
(104,252) 0 0 0 0 (104,252)
3,431,348 328,847 0 16,050 114,024 3,890,269

BS10 Related Parties

All of the Circuit trustees are members of one within the Circuit and may be trustees in their Churches.

Connected organisations include the Methodist Connexion, Churches within the District, other Methodist Districts in Great Britain, the Methodist Ministers’ Children’s Relief Association, CFB and TMCP, except as reported in Note 9. All of these entities have their own trustees or directors and autonomous administration such that BEH has no significant influence over any of them, nor they over BEH. They are, therefore, not considered related parties.

Names of related parties Party Receipts Payments Adjustments
£ £ £
JAM Connexion
The Methodist Church Fund Connexion
Mission in Britain Connexion
Presbyters & Deacons Fund Connexion
PropertyFund Connexion
World Mission Fund Connexion
0 0 0

BS11 Volunteer contributions

Every entity (Connexion, District, Circuit, Church) within the Methodist Church in GB is heavily reliant on volunteers who contribute their skills, time and money in the furtherance of the work of the Church. Principally this contribution is by serving on committees of the District that deal with mission, manses, finance, policy, grants, training, development. We are grateful to all of them for their help and commitment.

BS12 Capital commitments and contingent liabilities

There were no capital commitments or contingent liabilities at the year end (2021-22: nil).

An accrual has been made for the fee of the independent examiner in the sum of £4,200 for the year (2021-22: £4,200). The independent examiner provided no additional services during the year.

CANTERBURY AND EAST KENT METHODIST CIRCUIT

Declaration

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

----- Start of picture text -----
Signature of treasurer Date
Name of treasurer Michael Baybutt
Address
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Presentation to the Circuit Meeting for approval

I confirm that the annual report and accounts for the year ended 31 August 2023 were presented to the Circuit Meeting on and were appoved.

Signature of the Chair of the meeting

Name of the Chair of the meeting

Date