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← Harrow And Hillingdon Methodist Circuit

2025-08-31-accounts

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HARROW& HILLINGDON CIRCUIT OF THE METHODIST CHURCH

(REGISTERED CHARITY No 1132676)

TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

Superintendent Minister The Revd Dr Lynita Conradie

Bankers

HSBC Bank pic The Peak, 333 Vauxhall Bridge Road, Victoria, London SW1V 1EJ

CAF Bank Ltd 25 Kings Hill Avenue, Kings Hill, West Malling, Kent ME19 4JQ

Professional Financial Support: Adrian C Mansbridge and Company Half Oak House 28 Watford Road Northwood HA6 3NT

Auditors Summers Morgan Chartered Accountants Sheraton House Lower Road Chorleywood WD3 5HH

Circuit Office

Lighthouse Centre Queens Walk South Ruislip Middx HA4 ONL

HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH (35/36) TRUSTEES’ REPORT FOR THE YEAR ENDED 31 AUGUST 2025

The Trustees present their report and accounts for the year ended 31 August 2025. The accounts have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity's governing document, 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 2015).

The accounts (financial statements) have been prepared to give a “true and fair” view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a “true and fair view’. This departure has involved following Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

Governance:

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The governing body of the Methodist Church is the Conference which meets once every year. The
authority under which the Conference acts is given by the Methodist Church Act 1976.
The Circuit applied and became a registered charity on 12 November 2009 and our registered charity
number is 1132676. The Harrow and Hillingdon Circuit is one of the circuits within the London District
of the Methodist Church. The Circuit comprises seventeen churches located as shown below:
> Cannon Lane > Kenton > Pinner > Lighthouse Centre
> Christ Church > North Harrow > Ruislip > Trinity
> Eastcote > North Hillingdon > Ruislip Manor > Wealdstone
> Hayes > Northwood > South Harrow > Yiewsley
> Hayes End
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Much of the day to day work for which the Circuit is responsible is delegated to the Superintendent of the Circuit and Trustees of the Circuit whose names are shown below.

Ministers:

Revd Dr Lynita Conradie - Superintendent Deacon Claire Gill Revd Audrey Delores Browne

Revd Julie King Revd Kenneth Kingston Revd David Varcoe

Circuit Stewards

Mr John Chamberlain Miss Janeen Donovan Mrs Susan Lloyd (until 19.11.24) Mrs Angela Lount

Mr Alan Pannell Ms Priyadarshini Rasanayagam Mr Kanu Parmar (from 04.09.24)

It must also be noted that the Circuit Stewards, who are volunteers, play a key role in the leadership of The Circuit and are responsible with the ministerial staff for the spiritual, and material well-being of the circuit and for upholding and acting upon the decisions of the circuit meeting. Other volunteers are also responsible for a wide range of other duties which include dealing with issues concerning Local Preachers, Property, Safeguarding, Financial, Human Resources, and Administration.

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HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH (35/36) TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Circuit Meeting Secretary

A lay member of the Methodist churches within the Harrow and Hillingdon Circuit is asked to volunteer to act as Minutes Secretary at the meetings and the Circuit General Manager liaises with the Superintendent Ministers to ensure all additional admin tasks are carried out.

In addition, there are representatives from the individual churches within the Circuit, as stated in the Constitutional Practice and Discipline (CPD) of the Methodist Church.

Trustees

The Trustees other than those named in the previous page, that served during the year were as follows:

Mr Malcolm Aldridge Ms Doreen Donovan Mrs Jean Margaret Pannell Mr Lucky Robin Appathurai Mr Freddy Fairclough Mrs Hilary Margaret Place (until Mrs Veronica Mary Allan (until Mrs Louise George 26.11.24) 31.08.25) Mrs Ann Mary Haggitt Mrs Hilary Jane Porter Mrs Bernice Aryee-Addo (until Mrs Patricia Harrison Ms Helen Riley 31.08.25) Mr Peter Harrison Ms Helen Jessie Schoon Dr Joy Barrow Mr lan Hilliard Mrs Jocelyn Shorter (until 31.08.25) Mr Leslie John Bater (until Miss Angela Hook (until Mrs Catherine Simpson 18.06.25) 31.08.25) Miss Marian Smith Mrs Daphne Bird (from 07.09.25) Prof Chris Hull Mr Peter Smith (from 09.09.24 to Mrs Susan Colwell Bracey Mr George Daniel Mohanaraj 20.11.24) Mrs Christine Ann Braithwaite Kulasingham Mrs Phyllys Janet Stephenson (until (from 11.09.24) Mr Graham John Lee (until 31.12.24) Mr Keith Buchanan 25.04.25) Mr Keith Tabor Mrs Anne Helen Clifford Mrs Jessica Lee (from 06.09.25) Miss Sheila Ada Thompson Mr Brian Curry Mrs Joanne Mary Mackin Mrs Jenny Warrington (from 10.09.25) Mr Robin David Mr David Milne (until 31.08.25) | Mr Peter Wells Mrs Dulcinea Davies Mrs Heather Susan Morris Mrs Shirley Winterburn Mrs Maureen Diggens (until Mr Samuel Nortey Mr Peter York 26.11.24) Miss Sheila Palmer

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HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH (35/36) TRUSTEES’ REPORT (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

Nature of Governing Document

We are governed by the Methodist Church’s Constitutional Practice and Discipline and all Charity Law of the United Kingdom. This Circuit is part of the London District of the Methodist Church which is a registered Charity (Registration number 113871).

The Church is governed by the Methodist Church Act 1976, the Deed of Union 1932 and the Model Trusts of 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 the discipline of the Methodist Church; (b) any charitable purpose for the time being of any Connexional, District, Circuit, local or other organization of the Methodist Church; (c) any charitable purpose for the time being of any society or institution or subsidiary or ancillary to the Methodist Church; and (d) any purpose for the time being of any charity being a charity subsidiary or ancillary to the Methodist Church. In setting its objectives and planning its activities, the Circuit has given careful consideration to Charity Commission's general guidance on public benefit and in particular to its supplementary public benefit guidance on advancing our objectives as set out above.

Method to recruit new Trustees

This is undertaken mainly by the local churches from within their membership. All churches are encouraged to send representatives to be Trustees of the Circuit. Ministers, Circuit Stewards and other Circuit Office Holders are also Trustees of the Circuit. From within the Trustees, a Secretary is appointed who is a lay person.

Objectives and Aims

The activities covered in these accounts fall within the work of the Methodist Church. The objectives of the Circuit are directly linked to its aims. They are:

(4) to be good stewards of creation.

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HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH (35/36)

TRUSTEES’ REPORT (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

Statement of Trustees’ Responsibilities

The Trustees are responsible for preparing the Trustees’ Report and the accounts in accordance with applicable law and United Kingdom Standards (United Kingdom Generally Accepted Accounting Practice).

Law applicable to charities in England and Wales requires the Trustees to prepare accounts for each financial year which give a true and fair view of the charity's financial activities during the year and of its financial position at the end of the year.

In preparing these accounts, the Trustees are required to:

The Trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the Harrow and Hillingdon Circuit of the Methodist Church and enable them to ensure that the accounts comply with the Standing Orders of the Methodist Church and the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and other relevant regulations. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Public Benefit Requirement

The Trustees had due regard to the guidance published by the Charities Commission in compliance with its duties under section 17 of the Charities Act 2011. This guidance sets out two key principles:

As the Church exists to increase awareness of God's presence and to celebrate God’s love; help people to learn and grow as Christians, through mutual support and care; and be a good neighbour to people in need and challenge injustice, the Trustees consider that for these reasons the charity meets these public benefit requirements.

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HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH (35/36) TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Objectives, Achievements and Performance

During 2024-25, the Circuit Meeting, or meeting of the managing trustees, was held on four occasions. Apart from the regular business, various presentations were given during the year. Examples are a presentation of the work of the Firm Foundation and a session on of the Connexional projects, New Places for New People. The ministerial staff have regular meetings for mutual support, as well as discussing matters relating to the work of the circuit. In October 2024 the staff visited the Firm Foundation, a charity for homeless people. This organisation moved into the Weldon Centre in September 2024. This is a Methodist property. Churches are being encouraged to become more involved with this organisation, both via financial and other support. The Circuit Stewards met from time to time, to discuss matters pertaining to their work. The Circuit Leadership Team (CLT) also met regularly. This group comprises of ministers and circuit stewards. The Circuit Resources Network (CRN) with its membership made up of Ministers, Circuit Stewards and other members with specialist knowledge met regularly to address issues relating to finance, property, and human resources. Part of its function is to consider grant applications from churches. Churches are encouraged to embark on mission projects which involve engaging with their local community. In addition, the Church Treasurers met once to discuss financial matters and the challenges the churches continue to face.

The following paragraphs give a flavour of the work carried out during the year and the activities conducted under the guidance of the Church.

In January 2025 the superintendent met with the stewards of all the churches to discuss matters of mutual interest. Among the items on the agenda were a discussion on worship and another highlighting the importance of carrying out annual checks on the church buildings.

A review of several forms of communication to church congregations took place, which included the research of appropriate software packages. The Circuit Mission Strategy has been updated to a more accessible form for church members. The Managing Trustees agreed a new Circuit Mission Statement and a trifold Mission Strategy leaflet, which was rolled out in January 2025, based on the four key areas of the ‘Our Calling’ of the Methodist Church. The Circuit Prayer Diary is issued in hard copy to churches every four months and the Circuit Life quarterly newsletter has been updated to improve its look, content and engagement.

The Circuit also conducted a survey to try to understand the declining attendance at Circuit level meetings. The questionnaire covered several areas relating to the meetings, concentrating on content, location and timings. Each meeting then discussed the findings to identify and agree possible solutions and improvements for its members.

The Local Preachers and Worship Leaders continue to meet quarterly with the aim to address business and training. One Worship Leader continues in training. A Circuit subscription for worship resources continues to support the church leaders in covering the Local Arrangement services, the numbers of which continues to increase due to the reduced numbers of Ministers and Local Preachers. Churches continue to be encouraged to worship together more with regular joint services or change their worship times to allow preachers to lead multiple services on Sundays.

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HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH (35/36) TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Two more churches have moved to become a branch of the financial software package being used by the Circuit, with others looking to become a branch in the next Connexional year. This helps reduce the costs for churches and builds a network of support.

As of the end of this Connexional year, the circuit had four manses that no longer house ministers. Two are rented out, the third was being prepared for renting, and the Managing Trustees agreed that the fourth property was to be sold with the resulting additional funds being used for resourcing the support of churches and ministers in their work.

The letting income at the Lighthouse continues to negate the running costs, maintenance, and repair. A Romanian Christian congregation regularly worships on the premises with occasional Circuit Services also being held. The Lighthouse continues to house the Circuit Office and hosts Circuit level meetings on a regular basis. Following the Southport attack in July 2024, security systems at Lighthouse have been increased, including CCTV and a fob system to access the building.

The previous year’s decision to reduce the ministerial staff numbers has resulted in the subsequent reduction in ministerial costs and the expected increase in manse lettings enabled the circuit to reduce the levels of Church Assessments for 2024-2025. The majority of the Church Assessments for 20252026 will remain unchanged with three churches seeing a reduction and one church voluntarily increasing their contribution.

In September 2024 the managing trustees agreed to a five-year extension to Revd Julie King’s appointment and a three-year extension to Revd Kenneth Kingston's appointment, both taking affect from September 2025. The Circuit Invitation Committee (CIC) met several times over summer 2025 and consultations were conducted at the relevant churches to consider the reinvitation request for Superintendent Minister, Revd Dr Lynita Conradie. The CIC’s recommendations were sent to the managing trustees for agreement at the Circuit Meeting in September 2025.

After a period of compassionate leave, Deacon Claire Gill moved to part-time working, reducing her hours to be worked Monday to Friday.

Circuit lay employees continue to work in the Circuit Office Monday to Wednesday and flexible working with some hours worked from home continues. Mrs Laura Pottage (part-time Admin Assistant) started a phased return to work in December 2024 following her request for remote working being agreed and is now working her full contracted hours. The temporary Admin Assistant recruited to cover maternity and sick leave left in February 2025. Mr David Mercer (Circuit Administrator) left the Circuit's employment in September 2024 and Mrs Christine Pittam joined the Circuit Office Admin Team ona part-time basis in March 2025. Changes in circumstances for several lay employees resulted in several staffing reviews over the year with new working arrangements being implemented from September 2025. These arrangements will be periodically reviewed throughout the next Connexional year.

Members and employees attended Foundation and Advanced Safeguarding training sessions which are run both online and in-person. The annual GDPR audit was completed by the churches and the circuit, ensuring the review and update of policies. Officeholders continue to attend EDI and Unconscious Bias training; small group and one-to-one sessions on Unconscious Bias are offered by the Circuit Office for those unable to access on-line training or sessions offered by the London District. The Circuit Property Manager continued to attend District online meetings of the Circuit Property Officers. Circuit Stewards attended training and meetings run by the London District, and the Superintendent Minister attended training run by the London District and the Connexion.

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HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH (35/36) TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

The Circuit Charity for 2024-2025 was Refugees in Effective & Active Partnership (REAP) which is an independent, refugee-led organisation in West London that campaigns for refugees and aims to empower refugees and asylum-seekers to live as valuable and valued members of British society. The Trustees agreed at the Circuit Meeting in June 2025 to cease from appointing a Circuit Charity annually and will instead agree a suitable charity for each specific event or service taking place.

The Circuit also continues to support Bereavement Care which provides support to children and adults across the London Boroughs of Harrow & Hillingdon.

Investment Policy

The investment of surplus funds is operated via the Central Finance Board (CFB) of the Methodist Church. CFB aims to provide a high-quality investment service seeking above average returns for long term investors, while ensuring that the securities held in its funds are in line with the ethical investment policy of the Methodist Church. The Circuit has funds in a deposit account with CFB. The Restricted Fund, which is mainly funds from sales of properties, is managed by the Trustees for Methodist Church Purposes (TMCP). These funds are also invested with CFB. It is now opportune for the Circuit and Trustees to think how best these funds could be utilised for the benefit of the churches’ mission.

Risk Management

The Circuit has undertaken a review of its risk policy and has produced a Risk Register highlighting the various risks facing the Circuit and churches, as well as the impact and the likelihood of their happening. The main headings under which these risks have been categorised are:

These risks are reviewed regularly to ensure effectiveness. The churches have also been informed of the need for these risk assessments. It is understood that most churches have undertaken this task.

Reserves Policy

The Trustees aim to ensure that the unrestricted funds are at a sufficient level (taken to be an amount in excess of £300,000) in order to ensure that they will be able to meet the Circuit’s ongoing obligations and any unforeseen expenses. At the balance sheet date, the circuit held free reserves as defined by the Charities Commission, of £355,724. The Circuit has also decided to designate monies from the unrestricted funds towards major works on the Lighthouse Centre and the Manses. The Circuit intends to increase this reserve gradually over the next few years, up to a maximum of £50,000.

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HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH (35/36) . TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

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Financial Review

The finances of the Circuit are maintained by the Circuit Resources Network Committee at sufficient levels to the ensure that the Circuit has the funds available to resource its key objectives agreed by the meetings of The Circuit Trustees (The Circuit Meeting). These key objectives were achieved in this Financial Year. The accumulated fund totals as at 31° August 2025 stood at £8,350,463 down from £8,557,237 in the previous year.

The Unrestricted General Fund balance as at 315‘ August 2025 stood at £355,724 down from £371,301 a year ago. A smail budgeted deficit on the General Fund budget for the year was anticipated.

There are also seven Designated Unrestricted Funds:

The Restricted Fund’s balance stand’s at £7,705,164 slightly down from £7,870,189 a year ago, due to depreciation of our fixed assets.

From a financial perspective the Circuit remains in a very good financial position to limit the impact of increasing financial demands on our Churches as well; as to fund future Mission aims and objectives. During the year the Circuit General Manager has worked in conjunction with the Chartered Accountants (Adrian Mansbridge & Co) to produce the end of year figures which has enabled the accounts to be produced for audit within the accountant’s set time frame.

Trustees’ Interests

The Ministers who are Trustees of the Circuit are paid a stipend and are given a manse for them and their family to live in. The Council Tax is paid by the Circuit and an official telephone line with broadband facilities to enable them to carry out their service as Ministers. These arrangements are practised throughout the Connexion. Mr Alan Pannell is paid for gardening services carried out on circuit properties but receives no payment for being a Trustee of the Circuit. Mr lan Hilliard is paid for maintenance and repairs on circuit properties but receives no payment for being a Trustee of the Circuit. No other Trustees have been paid for their services to the Circuit apart from being reimbursed for expenses incurred, such as travel costs, purchase of stationery, etc. The total amount reimbursed to 4 Trustees amounted to £2,365.

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HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH (35/36) TRUSTEES’ REPORT (CONTINUED) — FOR THE YEAR ENDED 31 AUGUST 2025 pe ee eee ee ee EEE ee ee eee

Disclosure of Information to Auditors

In so far as the Trustees are aware:

Auditors

A resolution to appoint auditors was made by the Trustees at their meeting of 22 March 2022. Summers Morgan is eligible to act as auditor of the Charity under section 1212 of the Companies Act 2006 and was retained as the auditors for the 2021-2022 accounts and the ensuing three years.

Approved by the Trustees on 4'" December 2025 and signed on their behalf by:

JohnDate: Chamberlain42}Circuit as Steward with Financial responsibilities

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HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH (35/36) INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES OF HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH

Opinion

We have audited the financial statements of Harrow & Hillingdon Circuit of the Methodist Church (the ‘Charity’) for the year ended 31 August 2025 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and the notes to the financial statements, including a summary of 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:

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 financial statements section of our report. We are independent of the Charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s 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’s ability to continue as a going 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 Trustees are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor's report thereon. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, 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 audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. 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.

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HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH (35/36) INDEPENDENT AUDITOR’S REPORT (CONTINUED) TO THE TRUSTEES OF HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the Charity and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees’ Annual Report.

We have nothing to report in respect of the following matters in relation to which the Charities Act 2011 require us to report to you if, in our opinion:

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’s ability to continue 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 liquidate the Charity or 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.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditors/audit-assurance/auditor-sresponsibilities-for-the-audit-of-the-fi. This description forms part of our auditor's report.

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HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH (35/36) STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify noncompliance with laws and regulations to enquiry of the members and management and the inspection of regulatory and legal correspondence, if any.

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HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH (35/36) STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 AUGUST 2025

Use of our report

This report is made solely to the Charity’s trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulation 2008. Our audit work has been undertaken so that we might state to the Charity's trustees those matters we are required to state to them in an auditors’ report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Charity’s members as a body, for our audit work, for this report, or for the opinions we have formed.

Nicholas Corden ACA (Senior Statutory Auditor)

for and on behalf of Summers Mofgan Chartered Accountants Statutory Auditor First Floor, Sheraton Hou Lower Road Chorleywood Hertfordshire WD3 oo Date: g Veer ou. 2018S

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HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH (35/36)

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 AUGUST 2025

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|||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |2025|2024|2024|2024| |Notes|||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |funds|funds|funds|funds|funds|Funds| |Incoming|and Endowments|from|£|£|£|£|£|£| |Charitable|activities| |Circuit|assessment|7|457,480|-|457,480|461,676|-|461,676| |Donations|and|legacies| |Donations|received|-|:|-|22,789|-|22,789| |Investment|income|and|interest| |Investment|income|and|interest|9|18,573|-|18,573|23,507|-|23,507| |Rent from|manses|10|58,814|-|58,814|53,816|-|53,816| |Other| |Lettings|(Lighthouse|Centre)|38,599|:|38,599|21,693|-|21,693| |Income and Endowments|||s7aa7e |||S|sr.a7e|||503,481|||[S|]|583,481| |Expenditure|on| |Charitable|activities| |Direct mission|and|ministry|6a|215,897|-|215,897|257,627|-|257,627| |District|assessment|6b|118,988|.|118,988|105,860|-|105,860| |Maintenance|of|property|6c|88,827|-|88,827|61,347|-|61,347| |Property|on|rent costs|6d|44,899|-|44,899|15,354|-|15,354| |Grants|&|donations|(outgoing)|6g|10,110|-|10,110|7,050|-|7,050| |Depreciation|-|48,834|48,834|-|61,157|61,157| |District|Levy|6b|5,913|-|5,913|9,440|-|9,440| |Circuit Administration|6e|132,267|-|132,267|131,961|-|131,961| |Expenditure|616,901|665,735|588,639|649,796| |(Loss)/gain on investment assets|12 |e ||taossan|||102,484|||sea]|26,306| |Net|Income/(expenditure)|41,749|151,994|193,743|21,148|61,157|‘40,009| |Net Transfer|between|funds|-|-|-|-|-|-| |Other|recognised|gains|and| |losses:| |Gains/losses|on|revaluation|of| |charitable|properties|:|(13,031)|(13,031)|-|-|-| |Net movement in funds|(41,749)|(165,025)|(206,774)|21,148|(61,157)|||(40,009)| |Fund|balances|at|1|Sept 2024|687,048|7,870,189|8,557,237|665,900|||7,931,346|||8,597,246| |Fund|balances at|31|Aug|2025|645,294|7,705,164|8,350,463|687,048|7,870,189|||8,557,237|

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The notes on pages 19 to 37 form part of these accounts.

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HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH (35/36) STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2024 ——— es ee ee ee eee eee ee eee ee

2024
Comparativeyearinformation Notes Unrestricted Restricted
Yearended 31 August 2024 funds funds funds
Incoming andEndowments from £ £ £
Charitable activities
Circuit assessment 7 461,676 - 461,676
Donationsand legacies
Donations received 22,789 - 22,789
Investment income and interest
Investment income and interest 9 23,507 - 23,507
Rentfrom manses 10 53,816 - 53,816
Other
Lettings (Lighthouse Centre) 21,693 : 21,693
IncomeandEndowments 583,481 ** **
Expenditure on
Charitable activities
Direct mission and ministry 6a 257,627 - 257,627
District assessment 6b 105,860 - 105,860
Maintenance ofproperty 6c 61,347 - 61,347
Propertyon rentcosts 6d 15,354 - 15,354
Grants & donations (outgoing) 6g 7,050 - 7,050
Depreciation - 61,157 61,157
District Levy 6b 9,440 - 9,440
CircuitAdministration 6e 131,961 - 131,961
Expenditure 588,639 649,796
(Loss)/gain on investment assets 12 26,306 26,306
Net Income/(expenditure) 21,148 61,157 40,009
Circuitassessment 7 461,676 i
Net Transfer between funds - - -
Netmovement in funds 21,148 (61,157) (40,009)
Fund balances at 1 Sept2023 665,900 7,931,346 8,597,246
Fundbalancesat31Aug2024 687,048 7,870,189 8,557,237

The notes on pages 19 to 37 form part of these accounts.

Page 16 of 37

HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH (35/36) BALANCE SHEET . .

AS AT 31 AUGUST 2025

==> picture [531 x 586] intentionally omitted <==

----- Start of picture text -----
||||||||||| |---|---|---|---|---|---|---|---|---|---| |2024|2024| |Notes|||Unrestricted|Restricted|2025|Unrestricted|Restricted|2024| |funds|funds|funds|funds| |Fixed|assets|£|£|£|£|£|£| |Tangible|fixed|assets|13|-|4,164,664|4,164,664|-|5,276,529|5,276,529| |Investments|14|367,001|3,540,000|3,907,001|366,325|2,593,160|2,959,485| |367,001|7,704,664|8,071,665|366,325|7,869,689|8,236,014| |Current|assets| |Investments|14|141,732|141,732|137,148|-|137,148| |Cash|at bank and|in|hand|§5,231|57,092|92,223|501|92,724| |Short term|deposits|132,799|132,799|158,554|:|158,554| |329,762] 4861||33623]|387.925|||[501]|||388,426| |Debtors and prepayments|15|49,369pe|49,369|29,573 pe|29,573| |Creditors:|amounts|fallin|379,131|4 864 ||380,992|417,498|||gar|417,999| |due|within one year| |Creditors|and|accruals|16|11,413|12,774|7,309|7,310| |Fund|for|Ministry|in|advance|8|89,420|89,420|89,465|89,465| |100,833 ||[4361]|||102,194|||96,774|||[|]|96,775| |ssee|es|es| |Net current assets|278,298 500|||278,798|320,724|||so||||301.224||| |a|es|ee|SD| |liabilities|645,299|7,705,164|8,350,463|687,049|7,870,189|8,557,238| |Total|eees| |net assets|645,299|7,705,164|8,350,463|7,870,189|||_ 8,557,238| |Accumulated|funds| |General funds|20|355,724|-|355,724|371,301|-|371,301| |Designated|Funds| |Circuit Model|Trust|Funds|20|163,198|-|163,198|257,200|-|257,200| |Property Maintenance|Fund|20|27,959|-|27,959|33,509|-|33,509| |Communication|Fund|20|7,382|-|7,382|8,017|-|8,017| |Lighthouse|Centre|20|29,391|-|29,391|15,376|-|15,376| |Youth &|Family Work fund|20|1,645|-|1,645|1,646|-|1,646| |Church|Security| |Improvements|Fund|20|20,000|-|20,000|-|-|-| |Ministerial|Lay|Support| |Fund|20|40,000|-|40,000|-|-|-| |Restricted|Funds| |Benevolent Fund|20|-|500|500|-|500|500| |Freehold|Manse|Fund|20|-|1,878,256|1,878,256|-|1,878,256|1,878,256| |Revaluation|reserve|20|-|5,826,407|5,826,407|-|5,991,433|5,991,433| |Accumulated Funds|645,299|7,705,164|8,350,463|687,049|8,557,238|

----- End of picture text -----

The notes on pages 19 to 37 form part of these accounts.

Approved by the Trustees6n 4'" December 2025 and signed on their behalf by:

Trustee — Revd Dr Lynita Conradie Superintendent Minister

Trustee— ohn Chamberlain Circuit Steward with Financial Responsibility Page 17 of 37

HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH (35/36)

CASH FLOW STATEMENT :

|

:

==> picture [497 x 307] intentionally omitted <==

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|||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |FOR|THE|YEAR ENDED|31 AUGUST 2025| |eene|ee| |2025|2024| |£|£| |Net cash|inflow/(outflow)|from|Operating|Activities|(135,201)|(154 284)| |Dividends,|interest,|and|rents|from|investments|78,397|77,322| |Net|cash|provided|by|(used|in)|Investing|Activities|78,397|77,322| |Change|in|the|cash|and|cash|equivalents|(56,803)|(76,962)| |Cash|and|cash|equivalents|at the|start|of the|period|388,427|465,389| |Cash|and|cash equivalents|at the end|of the|period||331,623]|388,427| |The|notes|on|pages|19|to|37|form|part|of these|accounts.|

----- End of picture text -----

Page 18 of 37

HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH (35/36)

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2025

1. Circuit Information

Harrow and Hillingdon Circuit of the Methodist Church consists of seventeen churches within the Connexion of Great Britain. Two of these are jointly ministered with the United Reformed Church. The charity is registered with the Charity Commission for England and Wales and has its office at Lighthouse Centre, Queen's Walk, South Ruislip Middlesex, HA4 ONL. The accounts are prepared in accordance with the Constitution Practice and Discipline of the Methodist Church and all figures are reported in pounds sterling.

All Methodists Churches, Circuits and Districts with gross annual income of over £100,000 per annum need to register with the Charity Commission. Methodists Charities with an income under £100,000 per annum continued to be exempted from registration under Statutory Instrument 2012 No 1734.

The Circuit Trustees are the members of the Circuit Meeting.

  1. Accounting policies

a) Basis of accounting

These accounts have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”), “Accounting and Reporting by Charities” the Statement of Recommended Practice for charities applying FRS 102, the Charities Act 2011 and UK Generally Accepted Accounting Practice as it applies from 1 January 2015. The charity is a Public Benefit Entity as defined by FRS 102.

The accounts have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and 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 which has since been withdrawn.

The accounts have been prepared on the historical cost convention, modified to include the revaluation of freehold properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below. Monetary amounts are rounded to the nearest pound Sterling.

b) Going Concern

At the time of approving the accounts, the Trustees have a reasonable expectation that the Circuit has adequate resources to continue in operational existence for the next 12 months. Thus, the Trustees continue to adopt the going concern basis of accounting in preparing the accounts. The charity considers there to be no material uncertainties concerning the ability to continue as a going concern.

Page 19 of 37

HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH (35/36) TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 eensBLS MO 2. Accounting policies (continued)

c) Income and endowments

Under certain exemptions applicable to the Methodist Church, the receipt and onward payment of monies for the District Assessment is not deemed to be part of the incoming resources of the Circuit for the purposes of deciding whether an independent external examiner or an auditor should report on these accounts.

d) Expenditure

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs relating to the category.

e) Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Tangible fixed assets other than land are depreciated at rates calculated to write of the cost or valuation less their residual value over their useful lives as follows:

Buildings

2% ona straight-line basis

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is recognised in net income/(expenditure) for the year. Properties are held under the revaluation model and are carried at a revalued amount, being their fair value at the date of valuation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The fair value of the land and buildings is usually considered to be their market value. Revaluations will be made with sufficient regularities to ensure that the carrying amount does not materially differ from that which would be determined using fair value at the end of the reporting period.

Revaluation gains and losses are recognised in other recognised gains and losses and accumulated in restricted manse fund, except to the extent that a revaluation gain reverses a revaluation loss previously recognised in net income/(expenditure) or a revaluation loss exceeds the accumulated revaluation gains recognised in freehold manse fund; such gains and loss are recognised in net income/(expenditure) for the year.

Page 20 of 37

HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH (35/36) TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

2. Accounting policies (continued)

f) Accounting policy for investments

Fixed asset investments including investment properties, are stated at estimated market value.

Realised gains and losses on investments comprise the difference between proceeds and the carrying value at the time of disposal.

Unrealised gains and losses comprise the adjustment required to restate investments at market value at the balance sheet date.

g) Impairment of non-current assets

At each reporting end date, the Circuit reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pretax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. An impairment loss is recognised immediately in income/(expenditure) for the year, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately, unless the relevant asset is carried in at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

h) Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other shortterm liquid investments with original maturities of three months or less, and bank overdrafts.

Page 21 of 37

HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH (35/36) TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 eeF e e eseee eee ee 2. Accounting policies (continued)

i) Financial instruments

The Circuit has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Circuit's balance sheet when the Circuit becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including trade and other payables and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Circuit’s contractual obligations expire or are discharged or cancelled.

Page 22 of 37

HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH (35/36) TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

2. Accounting policies (continued)

j) Funds

Unrestricted fund cash resources are deposited with the Central Finance Board and are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity.

k) Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received unless otherwise agreed with their line manager.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee orto provide termination benefits. l) Retirement benefits Stipendiary Circuit Ministers are eligible to join the Methodist Ministers’ Pension Scheme (MMPS). The MMPS is a funded defined benefit scheme maintained by The Methodist Church of Great Britain. As the Circuit is unable to identify its share of the underlying assets and liabilities of the scheme, the Circuit has taken the advantage of the exemption in Financial Reporting Standard 102, Retirement Benefits, and has accounted for contributions to the scheme as if it were a defined contribution scheme. The pension costs for the scheme represent the contribution payable by the Circuit in the year. The contribution rates are set each year by the Methodist Conference.

m) Critical accounting estimates and judgements

In the application of the Circuit's accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Page 23 of 37

HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH (35/36) NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 — ee ee eee ees ee eee ee

Criticaljudgements

The following judgements (apart from those involving estimates) have had the most significant effect on amounts recognised in the financial statements.

Freehold Land and Buildings and Investment property valuation

Freehold Land and Buildings and Investment property comprises of 9 Manses held in trust by Harrow and Hillingdon Circuit. 5 of the manses are included within Freehold Land and Buildings as they are occupied by acting ministers within the circuit, whilst the remaining 4 manses are now held within Investment property (See note13) The properties were valued in December 2021 by Simon Hands and Associates chartered surveyors at their collective open market value of £6,435,000. However, ‘Fieldings’ manse in Oaklands Gate, Northwood which was reclassified as an Investment Property in Connexional Year 2023-2024 at the depreciated value was revalued by Coopers Residential Ltd estate agents in November 2024 at a value of £850,000. 4 Park Avenue, Ruislip was also valued by Coopers Residential Ltd in November 2024 at a value of £1,050,000 before being reclassified as an Investment Property.

3. Staff

The Circuit met the stipends and expenses of five of the seven ministers working in the Circuit during the year. The other 2 ministers are of the United Reformed Church. The Circuit employed 1 full time and 6 part time lay employees during the year operating from the Circuit Office in the Lighthouse Centre, South Ruislip.

The ministerial stipends are as per the guidelines.

None of the employees earned more than £60,000 p.a. The total paid to key management is £205,880 (2024 - £245,738)

4. Pensions

All Methodist Ministers in the Circuit are members of the Methodist Ministers’ Retirement Scheme. The Circuit contributes 26.9% of stipends to the fund. Lay employees qualifying for pension enrolment are offered pensions with TPT Retirement Solutions with the Circuit contributing 6% of salaries to the fund.

5. Restricted fund

This fund receives any monies arising from the sale or disposal of any land buildings which are local or Circuit property. Capital monies in the fund can only be used for the purchase of land and buildings or the replacement or repair of buildings.

Page 24 of 37

HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH (35/36) NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

6. Connexional funds

The Circuit is also responsible for overseeing of the collection of monies for the wider work of the Church. Amounts collected which do not form part of the Circuit resources are given in total below and in note 17 in detail.

2025 2024
£ £
Connexional funds contributions B/F 1 -
Contribution received 5,710 11,118
Less: Amounts paid over (5,350) (11,117)
361 1

Page 25 of 37

HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH (35/36) NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

|6.|Resources expended|Unrestricted | Restricted ||Unrestricted | Restricted ||2025|2024|2024| |---|---|---|---|---|---|---| |||funds|funds||Unrestricted}|Restricted| ||||||funds|funds| |||£|£|£|£|£| ||a) Directmission and Ministry|||||| ||Stipends (including allowances|157,111|-||157,111|179,200|-| ||andApprenticeship Levy)|||||| ||National Insurance|16,806|-||16,806|17,075|-| ||Ministers’ Pensions|30,438|-||30,438|46,871|-| ||Travel|3,466|-|3,466|3,584|-| ||Telephones|7,875|-|7,875|8,691|-| ||Conferences and training|201|-|201|1,006|-| ||Removal expenses|-|-|-|-|-| ||Relocation grant|-|-|-|1,200|-| ||Hospitality/Events|-|-|-|-|-| ||Total|215,897|——-|——-||215,897]|257,627]
si ||| ||b) DistrictAssessment& Levy|||||| ||DAF Contributions|5,913||5,913|9,440|| ||District assessment
Total|118,988
118,988
[_t2ag0t|
S| 424,901[|||105,860
115,300,||| ||c) Maintenance ofproperty|||||| ||Church Quinquennial|3,750||3,750|2,050|| ||Inspections|||||| ||Manse repairs (see note 11)|43,514||43,514|21,032|| ||Property insurance|12,852||12,852|12,169|| ||Property water rates|2,462||2,462|2,239|| ||Council tax|21,096||21,096|17,992|| ||Other Utilities|5,153||5,153|5,865|| ||Total|88,827;=-|||88,827|61,347,||| ||d) Rental costs|||||| ||22 Belmont Road -management|1,025||1,025|3,138|| ||fees|||||| ||147 PinnerView - management|4,896||4,896|2,938|| ||fees|||||| ||‘Fieldings’ - management fees|4,998||4,998|-|| ||Manse Repairs (see note 11)|33,980||33,980|9,278|| ||Total|44,899|——-|||‘44,899|15,3544||

Page 26 of 37

HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH (35/36)

NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

|6.|Resources expended|Unrestricted ||Restricted||2024|2024| |---|---|---|---|---|---|---| ||(Continued)|funds|funds|2025|Unrestricted]|Restricted| ||||||funds|funds| |||£|£|£|£|£| ||e) Circuitadministration|||||| ||Printing, postage and|4,962|-|4,962|3,887|-| ||stationery|||||| ||Circuit lay employee|111,137|-|111,137|113,273|-| ||remuneration|||||| ||(See note 6f)|||||| ||Lighthouse Centre|880|-|880|952|-| ||Expenses|||||| ||Vestry expenses|1,006|-|1,006|893|-| ||IT|1,746|-|1,746|1,303|-| ||Sundries|1,063|-|1,063|1,669|-| ||Audit fees|5,400|-|5,400|5,400|-| ||Professional fees|4,362|-|4,362|2,794|-| ||Investment management|1,636|-|1,636|1,553|-| ||fees|||||| ||Bank charges
Total|75
[fazze7||-
||75
236
-
~SSSCi82,267| iav,oe1|||| ||f) Circuit Lay Employee|||||| ||Remuneration related|||||| ||costs|||||| ||Remuneration|98,000||98,000|102,016|| ||Pensions (ER)|3,081||3,081|2,402|| ||NIC (ER)|9,206||9,206|7,953|| ||Payroll fees|360||360|384|| ||Apprenticeship Levy
Total(in6e above)|490
490
518
[41437]
(|SSCA]AtBO7BCC|||||

Page 27 of 37

HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH (35/36) NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

|6.|Resourcesexpended|Unrestricted |Restricted|Restricted|||2024|2024| |---|---|---|---|---|---|---|---| ||(Continued)|funds|funds|2025|Unrestricted | Restricted||| |||||||funds|funds| |||£|£|£||£|£| ||g) Grants & Donations||||||| ||Donations||||||| ||Benevolent Giving|-|-||-|-|-| ||Methodist Church Fund|5,250|-|5,250||5,250|-| ||Vine HomeWorship|-|-||-|100|-| ||Resources||||||| ||Bereavement Care|200|-|200||200|-| ||Grants||||||| ||Hayes M.C|||||1,500|| ||Hayes End M.C.
Total|[4ec0f
co]
[to,tt0[
[C0||||-
TOO
7.050CY|| |6.|Resources expended|Unrestricted |Restricted|Restricted|||2024|2024| ||(Continued)|funds|funds|2025|Unrestricted | Restricted||| |||||||funds|funds| |||£|£|£||£|£| ||Depreciation|-|48,834|48,834||-|61,157| ||(see note 13)||||||| ||Totalexpenditure|614,877|48,834|663,711||588,639|61,157|

Page 28 of 37

HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH (35/36) NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Included in the total expenditure above are support and governance costs as follows:

6. Resources expended Support Governance 2025 2024
(Continued) costs costs Unrestricted Unrestricted
£ £ £ £
District Assessment & Levy 124,901 - 124,901 115,300
Maintenance ofproperty 88,827 - 88,827 61,347
Property on rent costs 44,899 - 44,899 15,354
Circuit administration 120,794 11,473 132,267 131,961
379,421 11,473 390,894 323,962
Analysed between 379,421 11,473 390,894 323,962
Charitableactivities

There has been no apportionment of costs between charitable activities.

7. Circuit 2025 2024
Assessment Unrestricted Unrestricted
£ £
Contributing Church
Cannon LaneMC 23,131 23,131
Christ Church URC-MC 7,200 7,800
EastcoteMC 19,980 21,480
HayesMC 17,035 18,535
Hayes EndMC 21,750 20,750
KentonMC 46,140 46,140
North HarrowMC 40,654 40,654
North Hillingdon MC 10,610 10,210
Northwood MC 44,435 44,435
PinnerMC 41,242 41,242
Ruislip Ickenham RoadMC 41,338 41,338
Ruislip ManorMC 23,330 24,330
South HarrowMC 26,675 26,675
Trinity URC-MC 9,580 9,580
WealdstoneMC 44,780 44,780
YiewsleyMC 39,600 40,596
Total 457,480 461,676

Page 29 of 37

HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH (35/36) NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

==> picture [463 x 524] intentionally omitted <==

----- Start of picture text -----
|||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |2025|2024| |8.|Funds|for Ministry|in Advance|Unrestricted|||Unrestricted| |(Circuit Assessment)|£|£| |Cannon|Lane MC|5,783|5,783| |Christ|Church|URC-MC|600|-| |Eastcote MC|1,582|1,665| |Hayes MC|4,009|4,259| |Hayes|End|MC|5,625|5,437| |Kenton MC|3,845|3,845| |North|Harrow MC|10,163|10,163| |North|Hillingdon|MC|2,403|2,652| |Northwood|MC|11,109|11,109| |Pinner|MC|10,310|10,310| |Ruislip|Ickenham|Road|MC|10,335|10,335| |Ruislip|Manor MC|1,944|1,944| |South|Harrow MC|6,669|6,669| |Trinity|URC-MC|798|798| |Wealdstone MC|11,195|11,195| |Yiewsley|MC|3,300|3,300| |Total|89,420|89,465| |2025|2024| |Unrestricted|||Unrestricted| |£|£| |Funds|for|Ministry|in Advance|B/F||89,465|91,731| |Received|during|year|457,435|459,410| |Less:|funds for|Ministry|in Advance|C/F|(89,420)|(89,465)| |Circuit Assessment|(Note|7)|457,480|461,676| |*|Note:|The|churches|pay|the|Circuit Assessment|in|advance|for the following|month.|

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----- Start of picture text -----
|||||||||| |---|---|---|---|---|---|---|---|---| |9.|Investment and|Interest|Unrestricted|| Restricted|||2025|2024|2024| |Income|funds|funds|Unrestricted}|Restricted| |£|£|£|£|£| |Dividend|Income|7,729|-|7,729|10,272|7| |Interest|Income|10,844|-||10,844|13,235|-| |18,573|a|18,573|23,507 Fe|

----- End of picture text -----

Page 30 of 37

HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH (35/36)

NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

|10.|Investment property||Unrestricted|| Restricted|2025|2024|2024| |---|---|---|---|---|---|---|---| ||income||funds|funds||Unrestricted |Restricted|| ||||£|£|£|£|£| ||Belmont Road||2,600|-|2,600|23,566|-| ||Fieldings||31,010|-|31,010|-|-| ||Park Avenue||-|-|-|-|-| ||PinnerView||26,214|-|26,214|30,250|-| ||Total|is|3Dd
1)||||| |11.|Manse||Unrestricted|| Restricted|2025|2024|2024| ||Repairs||funds|funds||Unrestricted | Restricted|| ||Manses housing ministers||£|£|£|£|£| ||Kingsfield Avenue||3,682|-|3,682|3,266|-| ||Love Lane||861|-|861|1,394|-| ||Mount Pleasant||1,715|-|1,715|3,382|-| ||Sharps Lane||835|-|835|3,170|-| ||Stirling Road||25,528|-|25,528|3,538|-| ||Park Avenue||-|-|-|550|-| ||Lighthouse Centre||10,893|-|10,893|5,732|-| ||Rented manses||||||| ||Belmont Road||14,672||14,672|943|| ||Fieldings||2,422||2,422|4,895|| ||Park Avenue||16,245||16,245|-|| ||PinnerView||641||641|3,440|| ||Total||SX) SC)||||| ||(Loss)/Gain on||Unrestricted|Restricted|2025|2024|2024| |12.|Investments||funds|funds||Unrestricted | Restricted|| ||||£|£|£|£|£| ||CFB Managed Mixed Fund units||676|-|676|26,306|-| ||Revaluation ofInvestment
properties||-|(103,160)||(103,160)|-|-| ||(Loss)iGainsoninvestments|||676
| —(103,160) |||(102,484)|26,306sr|||

Page 31 of 37

HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH (35/36) NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

13. Tangible fixed assets Freehold
Land and
Buildings
Restricted
Funds
£
Cost& valuation
At 1 September 2024 5,460,000
Transfer (1,050,000)
Revaluation (50,000)
At 31 August 2025 4,360,000
Depreciation
At 1 September2024 183,471
Transfer (36,969)
Charge forthe year 48,834
At31 August2025
Net Book Value
At31 August2025 4,164,664
At31August2024 5,276,529

The properties were valued in December 2021 by Simon Hands and Associates chartered surveyors, at £4,360,000 at their open market value. The original cost was £417,550, and had the property not been revalued the accumulated depreciation would have been £33,404 and the net book value £384,146.

The manse in Belmont Road, Uxbridge and Pinner View, North Harrow are no longer used to house church ministers and are now being rented out on a commercial basis. They have been reclassified as investment properties.

In September 2023, ‘Fieldings’ manse in Oaklands Gate, Northwood no longer housed church ministers and was therefore reclassified as an investment property as of 1** September 2023.

In September 2024, Park Avenue was valued by Coopers Residential Ltd, at £1,050,00 at their open market value. The market value when previously valued in December 2021 was £1,100,000. The manse was then reclassified as an investment property as it no longer housed church minister.

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HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH (35/36)

NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

==> picture [512 x 578] intentionally omitted <==

----- Start of picture text -----
14. Investments Unrestricted | Restricted | Total 2024 2024
funds funds 2025 |Unrestricted| Restricted
funds funds
£ £ £ £ £
Market Value 366,325 | 2,593,160 | 2,959,485 340,019} 1,640,000
1 September 2024
Transfer of Investment - 1,050,000 | 1,050,000 - 953,160
(Loss)/Gain on 676 (103,160) | (102,484) 26,306 -
Investments
Market Value 367,001 3,540,000 | 3,907,001 366,325 | 2,593,160
31 August 2025
The investment properties were valued were valued valued in December 2021 2021 by Simon Simon Hands and Associates Associates chartered
surveyors, at £3,715,000 at their open market value. The original cost was £1,421,919. In November
2024, ‘Fieldings’ manse in 15 Oaklands Gate Northwood was revalued by Coopers Residential Ltd,
£850,000 at their open open market value and value and and loss on on revaluation of £103,160 was £103,160 was was recognised as a a result
this revaluation.
Current Asset Investments
The following funds are held on behalf of the circuit by TMCP
Unrestricted | Restricted | Total 2024 2024
funds funds 2025 Unrestricted | Restricted
funds funds
£ £ £ £ £
Trust 10982
- Circuit Model Trust Fund 68,372 ° 68,372 71,597 :
Trust 21539
- Circuit General Funds 73,360 -| 73,360 65,551 -
141,732| =| 144,732] 137,148] se
----- End of picture text -----

The investment properties were valued were valued valued in December 2021 2021 by Simon Simon Hands and Associates Associates chartered surveyors, at £3,715,000 at their open market value. The original cost was £1,421,919. In November 2024, ‘Fieldings’ manse in 15 Oaklands Gate Northwood was revalued by Coopers Residential Ltd, at £850,000 at their open open market value and value and and loss on on revaluation of £103,160 was £103,160 was was recognised as a a result of this revaluation.

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HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH (35/36) NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Se ee ee eee ee ee ee ee

|15.|Debtors and|Unrestricted |Restricted|Unrestricted |Restricted|Unrestricted |Restricted|2025|2024|2024| |---|---|---|---|---|---|---|---| ||Prepayments|funds|funds|||Unrestricted |Restricted|| |||£|£||£|£|£| ||Stipends in advance|17,373||-|17,373|17,131|-| ||Resources Subscription|488||-|488|440|-| ||in advance||||||| ||Insurance|9,647||-|9,647|-|-| ||PRS Copyright Licence|260||-|260|212|-| ||ParkAve Utilities in Credit|267||-|267|122|-| ||Council tax in advance|1,108||-|1,108|1,342|-| ||Sundry debtors|20,226||-|20,226|10,326|-| ||Total|49,369ee||Gl|49,369|29,573eS||

|16.|Creditors and accruals|Unrestricted||Restricted|2025|2024|2024| |---|---|---|---|---|---|---| |||funds|funds||Unrestricted |Restricted|| ||||||funds|funds| |||£|£|£|£|£| ||Sundry creditors|11,413|1,361|12,774|7,309|-| ||Total|nas
|
aaet|||ara,|780]||

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HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH (35/36)

NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

|17.|Connexional funds|Home|World|Other|||Methodist ||2025|2024| |---|---|---|---|---|---|---|---|---| ||contributions|Mission ||Mission|Funds||Ch. Fund||| |||£|£|£||£|£|£| ||Church:|||||||| ||Cannon Lane M C|-|-||-|1,850|1,850|1,850| ||Hayes EndMC|-|-||-|1,000|1,000|1,000| ||Ruislip
M C|-|-||-|-|-|5,300| ||South Harrow M C|-|-|360||-|360|467| ||Wealdstone M C|-|-||-|2,500|2,500|2,500| ||||||60]||5,350]|5,710]|11,117|

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----- Start of picture text -----
18. Analysis of net assets Unrestricted | Restricted Restricted Total
between funds funds Advance Manses funds
funds
£ £ £ £
Tangible fixed assets 367,001 - 7,704,664 8,071,665
Net current assets 278,298 500 - 278,798
Total 645,299 | 500 | 7,704,664 8,350,463
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HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH (35/36) NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

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----- Start of picture text -----
||||||| |---|---|---|---|---|---| |19.|Cash|generated|from| |operations|2025|2024| |£|£| |Surplus|/|(Deficit)|for the|(193,743)|(40,009)| |year| |Adjustment|for:| |Investment|income|recognised|in|statement|of| |financial|activities|(78,397)|(77,322)| |Depreciation|48,834|61,157| |Revaluation|of|investments|102,484|(26,306)| |Movement|in|working| |capital| |Decrease/(increase)|in|debtors|(19,798)|6,607| |(Decrease)/increase|in|creditors|5,419|(78,411)| |Cash (absorbed|by)/generated|from operations|||(135,201)}|(184,284),|

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HARROW & HILLINGDON CIRCUIT OF THE METHODIST CHURCH (35/36) NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

|20.
Funds
—=|Balance at
1 September
2024|.
Incoming |Resources
resources | expended|.
Incoming |Resources
resources | expended|Transfers ||Revaluation
;
gains and
losses|Balance at
31 August
2025| |---|---|---|---|---|---|---| |Unrestricted||||||| |General funds|371,301|530,641 | (545,647)||(1,069)|498|355,724| |Designated Funds||||||| |Circuit Model Trust
funds|257,200|5,236|(10,485) | (88,931)||178|163,198| |Property Maintenance|33,509|-|(35,550)|30,000|-|27,959| |funds*||||||| |Communication funds|8,017|-|(635)|-|-|7,382| |LighthouseCentrefunds|15,376|38,599|(24,584)|-|-|29,391| |Youth and Family Work
funds|1,645|-|-|-|-|1,645| |Church Security
Improvements|-|-|-|20,000|-|20,000| |Ministers Lay Support|-|-|-|40,000|-|40,000| |Restricted Funds||||||| |Freehold Manse funds|1,878,256||-||-|1,878,256| |Benevolentfunds|500||-||-|500| |Revaluation reserve
Po|5,991,433
8,557,237|574,476|48,834
665,735|P||116,191
115,515|5,826,407
8,350,463|

“In March 2018 the trustees agreed to the setup of a designated Manse Maintenance fund for unforeseen major manse repairs. In December 2021 the trustees agreed that the Lighthouse Centre should be included in the list of properties able to access these funds and therefore the fund name was changed to the Property Maintenance Fund. This fund will be retained on an ongoing basis with further transfers from, or to, the General Fund maintaining an appropriate level of reserves.

21. Related Party and Trustee Expenses

Ministers were paid a stipend, pension, travel and other expenses following Methodist Church guidelines. No Trustee was given a payment as a fee or remuneration for carrying out duties as a Trustee other than reimbursement of expenses incurred. As stated in the Financial Report under Trustees’ Interests on page 9 the total amount reimbursed to 4 Trustees amounted to £3,460. Trustee Mr Alan Pannell was paid for gardening services totalling £1,540. Trustee Mr lan Hilliard was paid for maintenance and repairs totalling £560.43.

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