CirLUjt Accj'uals Accou])ts 2024-25 THE METHODIST CHURCH STANDARD TrORM OV ACCOUNTS ACCRUALS BASIS FOR THF, Yfi AR F,NDfi.D 31 AUGUST 2025 Romford Circuit 35132 Reglstered Charlty - Reglstratlon number lJ32795 Circuit Chair Revd Di. E Jacksoi) Circuit Ministe Revd R Asif Dea¢oi) SJ Ri Revd Dr E Jacks011 Revd R Ma Revd R Read Fiom 119124 Cii'cuit Stewards J Gowlcrt R Hibbayd .1" Dixon Circuit Tr¢asur¢r T Smith
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Rohirorir>hiFYHoTri$TCIRcinT TRiwfEESI AhThVAL REPORT FOR TtrE I'£ARDED3] AuGir2025 JhcfollDwThEMEthIKliMLfrur¢hcsuelillkd Ihec&fCUit GidrPtsk.H¥ryld Upniqster.RwithwD. BtEUnYoD4SouikO¢k?pth amdHTraRQ¥a. RekreateandAdthhiYAthDlI 7.1 ThEfuU llg)Meofthetha1jRtsNrordMIoi1. 7.1 TheRoDttwdMellsl CU¢t re¥the[ (ntYth th¢ch&titycothth WtskL Tbrot8wiÈ#bon 1132795. 7J The[eSsOr1hecCvil f0rcotresth(e cIlI1511S5loU1FeadIcetre,al0VLROf4 RmS3.The npJn¢ofIhepBFwn¢owh UreSe&WasR%DrF JaC,ClfcI al1. 7.4 [YeddriDthPYeIrlve[e'. DrEJackni.RCwdkA(. R ti]ey. [kSiby,e¥dRRejd. dthi1 1bereweeI5 hy0¢cs.A fvl1liitofS1e¢sISAVdIbleth1CItttyCQfftISSiOdll%rte. fvCircwtbBths..SBC. c[1veIDk u4th¢ClF1I¢ool[dQrmeilt(hllbrF". 7.8 tnvethnErntsrnwdbythecwuiwpliddtyTnttlftymethCliIljsmc ?h ThitepTrAIDlng A rlnge 0fw1tsL by MtWsfcLiJJDexkn gwbrt thi efferil tsfilLC Cit21. Vttifitally tht loAnei TrtolvDf4Tn1rr In lI¢w¢1[ll rnErlkni¥nhe[nbCT5ir1iQKTrth¢lr[l%Ilu1teS. S1hrIsttsrCtWart' -Ux¥e isnoreleval adI1 0fmclhecharitls3UretsfftIwÈ.&ld 7A Audlior¥ Thi*idit0rnCIAyknigeStre& Fkl1&hJdbeewtCIBknthecl1UtfmyeWmded 31 Autswst3016 d¢dthTbebffby' ¥e5
ROMI¢OIII) fvIETHODJST CIRcurr INDlI.pr.Ni)ENT AUDITOIIS REPORT TOTHE TRusfEF.S OFTHE ROIIFQRD METiiof)ISTC.'IRCUIT Opinio We Iiave xudited ihe finanrial 51arnenls of Roinford methl$t cl111¢ IlhB'charity'l for th ycorendd 31 Augy5t 2025 whi¢h comprise S¢&temEnt of Finartcial Activitie5. the BalanLV Sheei and Mie5 to Ilie financial slaletntni4 Incliing4 of 5ignific4nl accDuniittg poli¢ies. The financial reporting fr&ttKwork Ihnl ha5 bccn PplIEd in ihcii prep&TlOn Is fjpplicable laiv and UniTrd KITr0[n AcCounlln8 siartdards, irKliidinE Financial Reptsiting StandHrd 102 Tli¢ Financial ReIng SIard applirahlc in thc UK And Repthlic of Irelpndlunited KingdLmnG¢rn1IY Acrepted AOlingP[8ctlc¢l. Jm the finaTKig1 #plenI wve o truc And fair vi¢iy of I1 siatt of ilie ¢li#rity's offairs a5 at 31 August 2025. And of its inci>Ming rc50urw5 and applicaiion ofre50WC¢5. for the year thert end¢d. . Iiavc bccn pn)perly pr¢pared in aordanCely1th Uthtod Kingdom Generally A¢ceptedAeeoiinlln8 Pra¢¢itt", have bewi piepated irta¢t(dance iviihtlie requiyemenlsof IhcCharitiC5 Att 2011. We condilA ourHudii in gcwrdance iyllh Intern81ioMI Sionilards on Auditing (UK) {ISAs IUKII and aplub w. Our rtsponsibiliiies under Ihw 5t&ndards &rc furthcr dcs¢ribed In thc Auditor's lespSIbilitIeS for the of tlie firt8ncial #Aiemenis Section of our repurt. We Ale indep¢ndEni ofthe Ghaitiy in a¢cordill¢e Olher eihical respon51litieS in acc4Jrdane iviih Ihese re4UIFerneDts. W¢ believt lIt Il audit eY1d¢e ive havc ohtsincd suffi¢icM 8j oppropriale to provide isforovr opiniof CTrnclusioThs relA¢lng ID goIngCTrLs fiorn iyhen iht finHncl&l 518ternents aT¢ aulhonscd for Isskne 0urrespomsibilrticsandiheTespdWtit$ftrStttith resp1 to Eoingconeern8redtseriW ID Ihe relBvanl seeiions ufihis repon. OlheT irorj[l1oll Thè t[te£S are r¢snSible for lh2 olTrEr inf0mliOn. The oilwr informalion compr15C5 info¢inaiion irKludcd In the Irustecs, annual T¢PDrt . Dlh¢r than the f1nonci415latllCts artd Our auditor's report Ihereon. Out opithon M Ihe fin&n¢ial 5tst2rnents does not eover the h¢[ infwmatiijn and. exttyl io Ibe exieni hpnYi% txpliciily stored inourreport, IY¢do notcxptt558ny fomiol.8s5ura¢1VSlort thcrcon. In Connection iwth (Audit of1 financial lliementS. Wrrewnsibiliiy is to read t1 dher infoimatioii a, in doing 50. ronsidcr ivhciherthe oiher infonnoli is nmicrially incansi51eni with Ihc fiMnGlal stAttrncnis or OUF knolvlcdgc obtAined irt thc Audit or otheThvi5e Appeats its mRieri4lly mi5#Hled. Ifive idÈniify sucli maierial IncolSit[les Or app2reni rnaierial mi%t3lemEnt5. ive rcquired ith de[MIne iYlKlhEr IhErE 15 a IMi¢ital mi5aternBnl ID tt fin8thtI stent$ or a ol¢Dal AsStA1CWnl of Ihp ofvi inforntiOm. Ir. bgsed on th¢ ivork wp have pfOrmed, iy¢ conclude Ihai Iherc IE a mÉteii81 misslalemeDI of Ihis other inferm81ion, iypare rcquiTcd fDrwrt thfilfo. WÈ ha noihllwloryrtiDthiStwd. MAlteiT )Yliith we Are reQlre1 t rePrtbY txtepllom weh101h1nE lts rewrt inwci ofik fdiowinBinalters in rtlation io ivh1chicharlllc5 (Accounts RerAffisl Regul4lion5 2008 requ¢ io r¢n1yOU if. jnour ty10. t1 infotrnation ÉiveTr in Ihe filwl1 statements 18 inconsi51eni in aiiy Iiknial re5PECt iviili the iiu3tces' reyort-. or ' SUtfi¢ieni &CCLXmiil¥ rKgrd5 Iwve tsDt k*nkept", or tIK fiiiaw141 atcMeAtsll¢e not in oweeThwnt tlic aCtountiTh8reCts'. or IvÈhavenoi received all the InftsmaiiO]i and explaiiaiithns ive requircfllfourrtudtt Poge 6
IIOTrIFVRD fv1STHOI)IST CIRCiryT INDEPCNDF.NT AIIDITORS, REPORT TOTH&TRU5fEES OF THF. ROMFORD fvIF.THODI8T CIRC.UIT As e.xp1died iThiT¢ fiilly in Ilie ¢Euccs. Tc551bilIIICS stai¢ineni sel out on pagE 3. Ihe irUSiCCS are responsibl¢ for die pret10 or rinoll¢ial siaiemenis ivhitrh give 8 itye und fwr vieiy. for such iniernal conlrol lh2 Itustees deiermiiie is ne¢$TY io enybk IhE prcpatallth or finall81 51aleiwnts prc frcc from material misslement. w11hr duElQ Ir&ud Or crtor In prepann8 ghe financial fimEni% Ilip trusiEe5 art respDnsibl¢ for asse55ing IIK ¢harity'5 philily ID Bolltlnur 85 8 BoingcoD¢eTh. disclo51nS AS Applicabl¢, mAller5 relt to going ¢onc¢tn und going coNeni tsR5 of accountin8 unless the trusiee5 eitlri intend 10 liquidate Ihe ¢IrIty ur to Ce&0p¢tal1(W. or114ir no AudllDJ's ly5pol1II1¢Ies f41'thciluditof Ilic1ShAMtIAI 5tAieMcD¢s We lia bEen appointed ssai110r1ltr5eclIoll 144 ofthpChwitlCsAcl 2011 alld report inHccoidorK¢ Nwlh th¢ Actand rolovant r¢gulAlionsmth or118Virtg errECi ihereunder 01bjeCtiVes are its ttbiairtreuson8ble SunCe aul iYhvthBI Ihc fin2nciHI #atemcnis as o ith&legrc frc¢ fTQrn JTrXtthial missiatewnl, iYhelh2idue to frAd or error. and to Issue ail audiiof'5 relri Iliat InclieS ournpiiiinii Rcasoilable &%suraiic¢ is a higli levcl ol-a55ufwi¢C. [liS a guaraol¢B IhatfjTh Audit conducicd in accordance ivilh ISAS (UK) Ivill aliY4ys deteGI a In¢)[ mi%%latcmcnt i%li¢n li ¢A151S. Mis&talcMcnt5 Irise frtrm or¢rrrJf and are CDTtsidertd maieri81 if, individu8llyc in ihe a8gr¢gale, Iliey could [onblY br cxpccied io Innin(ClhC ¢wnoThic declSiOnsofuscYstaken on I1 b4S15 Qfthese financi81 si8temenis. To idenlify nsk'gttrnlrria1 m1%%iai£nl1l due In fraud {"ftaud risks')&seSsed eYen15 0rwnditi0rtsthtttc4d imdicote Rn inr¢nlive OTpressure iotoniiwi rraiid orpft)ve an oPnU1, I0Mit fraud. Ourri5k e5meI proreduwsin¢llldEd". -Obtainin8 an undersiandin8 ofihc Icgal and rt¥ulAtory fraNMrk& upplicJbl¢ io the ch8rity. - Qbtained an urOersl&ndin8ofhmY Ihc charity 15 EomplyinE Ivlth Ihose leg41 Hnd Icgulthry frarncivorks by mthng enqthnesto the trustee5. -Thc Su5c¢Ptibility thf11 chaiity's finllncial slalcmtnts ttsrnai¢rial nilsst0teTrIItVsed by fr2lld orothcrirregul4riiie51vere ossessed iviih thefolloiving priKedutes'. Identifyingllnd aSSsin8thdsI8n ctfcGiIYesS ofcontrols which Itustecs hDve ill plaec to pr¢venl onddelect frw - Understandinghoiv IhoEcchargcd iih Éowrnsnce con51der¢d tbc ptytElltial lor oveIde 0f¢ontrolsw Ttwnfjgeinertt ageS IdentifyinB 1¢51inBinurnal thlTlt4 in partIlarny10rnl cnlries posted ivith uniisualac¢oNnt CQTntsnJtiong Poiential fraud risk5 fhBi had been idcntificd throughouttp1anlgInd¢ommenc¢rnenI of the glldit ivete communicat£d io the gudiiiewTL Ber4y5c ofthc inhertrtt lintiOnOr} audil. tbcrc 15 a risk that lye will noldet¢GI oll irreBuI)rihes. irtcludingthose le4dingio a rnaleridl MIS81tMent in Ihe rinRn¢I)15talcrnct5 ornon-coinplionceiyilb rEgulation. Thts risk ificreoscs tli¢ Inor¢ ihalcomp113n¢e iviiha laiy or regulaiioD is removed Ihttttnis and transJ¢lion% rcfiEctEd in the finarKiAI sthie1nts. IVIII be less likcly to becoille vare o[inslantes ofnvrt-eornpliAnce. The risk Is hlso ¥[e2( re8ardin8 itrc8uIHrilic5 oceurrinE du¢ to fraud Tuth¢rlhoneIfor. Js fr&ud involves iMellrionHlconcealmertl. loryery. Collusion, omi55ion ormisrepitstttiAtion. A h]rfhttdescripiii)nofourrcspoN51bilitieS Iwih¢ &udit oiihe finarKial Ste1$ li located ontheFinancial Reporting Council's 1vebsite.. hltP5.11iiThV¥V.Fic.or&uMibrnrylslandard5rfode>poli¢ylaudit-assurnnc£-and-¢thi£sladitts[s-lep0Slb1lI1L¢S-fOr-1he-adItl This deripl10n fomispart ofour uditar's rtport. ustor0r rtpvrt Thi$ rcport isnlldesolcly ioilic¢harity'slru5wEs.sstt body. iii 8ceordAnc¢ iyilh P8rt 4 of theChariiieslAecounis Reports) ReBulatilli 28. Our Audii woTk IStseen undertaken 30 Ihpl ive mi81il.%latetotlie ¢hariiy'5 Itwslee5 Ih(y ttcr1¥cllre required rostEt¢ io Ih¢m ID an ttuditor'stcport artd for noorher wrtw. Tts the fulle51extent rmilit by lllw, Ive th)noiaccepi ora55uIMt it5WL4ibiliiy io anyone Ihan thccharity and ihe cliarity'5 tru5184abCly. (or our audit iYOIl forihis report.or forthe tspinions1 have forrned. CJAY RAliia8e SliYyen5 & Ilills Chirltrt(l AcLtsuntAnis & 51l1ulory AllQllotS Suite D.'I'hB Businesscenlre P4fingdnn AYet Rornfotd. Essex I3 8F.N VAIV. Clay Ratna8È Streveng& Hills 15 el1w¢ loart a5 an audiloTln tcrnlSofstthon 1212 ofihBCompynie5Act 20(hS. PaEe7
ROMFORD F4IETHODISTCTRC.IIIT STATEfvIENT OTr. WINANLIALAC"fIviTIES FOR THE YRAR FNDÉDJI AUGIIST 21125 Gcncynl l IUniYslyktl Cirtuit Model TI'UEI Trund Iunreslrlrleo) Dc$ignatcd Funds other 14urtds IRt511'lcted Tolal 2024-25 Tothl 2023-24 IncumE l DonBiioMs & Le8&cie5 2 Interestll11d lrtvestmem Inco 1.792 31,726 43.564 89.225 23,665 12,932 189.225 5,19¥) 30.632 J7,513 3 Olhcr i1mE 4 Ayseysrntilt on Churelie5 1¥6,7J2 5 cOtrIbUtIO5 from Circuii Modd TtLW Funds 6 C.OllTKxional AdVale& Prr4ierty Fund 8 Granis Iincludiiiu trf¥ from DAFI 9 Mansc R¢iii Rcce11 15,0(k) 15.0 20.0 3%.577 49,?23 10T0tl lThcorne 22¥,¥22 330.530 329,29] ExpeDdllure I l Grants DDTvlions 12 salar 455QBlatcd cts 13 PrOprtY 111 Tn%. C tsx. ulilitithetcl 14 Office Expenses (Admin. iel. ttayel eiL'.) 15 D1$MCt8ssessmeTri Ici t)rptteiaiio 17 OihBr F.xpEnditureliiicl training) 5.000 5,0 198,445 95,841 7,603 166.012 32.433 25.64¥ 578 191.409 70.789 8.254 36,512 7.025 65,840 57.777 236 7,100 12,908 .993 49.042 4.560 2A4,2115 {5¥J96) 30.924 {27,d?11 4,560 4¥4,708 4.344 415.537 (A6,2461 19 TTrtRI ExndItre 20 NEI InEnmollD-xptndiiuirl 21 Tiansfers bttiiveen funds 63,418 (63,4181 130.OWI (93,4181 8252 (30,0351 1.750 (28,2YBI {2,3261 {2.6741 15,0001 18 22 SbTtRI 186,2461 3.036 23 Transfcr Of balances Irom Famand5 Church 24 Qiain51lbsK51 on syle ofmanse 25 G&In&ll1055I revAluatlOn fiked assetg 26tsin81{losses)'. on iiive51Tneni asset¥ 27 Ncl IDve5tment in 28 Tolal fund5 hri)u¥hi fOr¥[d frorn1Tr51ycar io I35.0) 135.0001 23.378 116S3001 8.619549 23,378 {70,0401 839.435 80,222 12,9881 8,622,5.17 162,4721 6.298.324 I&ODDI {28,288} l J61,680 29 TolAI fuTrd$ crrlfd fnrward Al end or cRr 6.235,8S2 769,3Y5 IISIID l J33,391 &4S3.749 &619,549 F•rlnformallTrn oTrly'. NlnDe)' icelwed PA55cd to L%krpl Or#nlsl50llS ]Ance brought fGrward 1x51 yenr OfferingslGifts- T¢¢Civcd fot EkternRI Oig4ni5alion$ Offerin¥lGifts- po55ed I0¢ernal UrEani%&iio 654 16541 Trnuteson pagrs 10 to 16 form r*rtof thescaccwnis. Page 8
ROTrIFOIU) 1]110D15T LIRCUIT ]IALANCE SHEET ASAT31 AUGUST 2023 Cenergl Vuntt I)1glted Fty#d$ Other FUd3 Total 2024 TaJJgiblE FiiedA55ets Myn5vDnd her11¥(d w¢ 6.165,000 1.250,0 7,415,0 7.450.000 InVe51[EnI WQPEthES InV¢stnIS 772.780 ,7B 807.780 8¥2,Q4U 6,165,000 35,lJnO E3511OQO 8321,780 8,332040 CurroniAsstts U¢blWS PEtpayrncnts l2 23,783 2.860 2.672 29,315 Centra] FRAcE Board 8Dd Trustees for MethodistrChur£h PeS deposltset 13114 84,523 2.883 70,742 121484 280,632 302,498 Cash at Bank and in h¥md 14 18.857 127,163 6,820 8tsA22 1975 32.652 342.599 TO[leItIfSets U83 CrtdllTrr5 and Arn15 {dllC undtr tAr 6,268 48,739 70.357 70.852 230.969 287.) Total Asstls Icss currcntllrlbllltlts 6,23SW52 769J9.% I J33JY2 A53,749 8,1119,519 LDllgttrm IIAblllrfes (iF?n15 Paypblc e$Se 6235,832 769.395 8,619A4)1 Fvpd5 ofih¢ Circull (Icn¢r&l l.und IlJnrc5tri¢l¢dl Cir¢uit Model Trust Funil (Unrestricle4J} 6235.852 6235,852 6J98,324 769.395 769.195 839,435 DesiBnaied Funds IUnr¢*ri¢i¢al 120.110 7,2.57W69 7.12UJ57 1,333,392 lJ33J92 .453,749 (hherFunds Ikcstrictedl 'I'olAI Hestrlctcd fund5 1,333,J92 1061,68D ti.&19.419 TOfdFiiiJ[ 17 6.235W52 769J9. 1 J33J92 YhenthsoDpages 1010 16forrnpfft ofth¢s¢aec0Lts. Apptrovcd bythtsmanll8UStC¢sfjft... . 8nOsigned onditwbthdf by.. R¢vd DrE Jackson CircuitChEir PA8e9
R()II qFORD hlb'I'llOI)IS'I' CIIICVIT NOTES TO THE ACCOUYTS FOR TIIE YEAR LNDED 31 AUGUST 2025 Acfounling frajnework Rnd ncroiiTrting puli¢l¢s Accounliiig framewDrk Tr¢ finan¢i¥l starem¢iits 114ve been prepBred iD sccordllnce Ivilh Ac¢otrDIiti8 and by Cliarities.. Slaieinenl of ReLoimn¥Dded Prailict 8ppli¢ibl¢ 10 tli¥riiie% prewiiig Iheir Recoiiiils in accordsnce iviih the Finaiicial RcpDrtins .Slandard 3pplicahle in the IJK alld 11c1b11cot.IrC1s1id i55ucd in ()clob¢T 2019. th¢ Finatteial Rep()rfing Stalldgrd gpplicablc in the United Kittgdofti 8ttd Republicof IrelBDdlFRS 1021 the chille$ Ad 2011 aol1 UK Gtnerally A¢c¢pied Accounting Ptaclice. Puhlic benefit ertllty The Circiiil eets the definition of B public benefit enlit). under FRS 102. A%¢is aiid liabilities are iniiially iecoFpised HI historical cosi or tr8JSaCtion value UesS olhenvise stated iii Ilie r<lvvanl accounlinB policy noie5 bttl()W. IIA515 These ¢unIS ha b¢¢h pr¢p)red on tht h%1% (Ifhisloric81 cosl except that Man%e% are sliowi HI IIICIT markni valuc al Iht end of rhe yeor. on the &ccriillls basi5 to shoiv a true and fairvieivof th¢ Ctr¢iiii¥ fmaneial posiiion wid activities Cotellt Th¥ fiDaniial informaiioj pres¢iJi¢d is r¢J¢vaDI, reliable, conwarBble Bnd complele. whe e51imai¢s art iistd Ilies¢ are b%¢d on experience. ie%earch and JudB¢icnI. Thc &Ecounts cxpr¢sstd in £Siulin& roynded lo the nearestpoiind. FRS102 SORP 2019 These accounts *¢ ¢ompliaoi with FK8 102 ivilh the FRS 102 SQRP2019. GDlng £onEern Tla%ed on the nionetary L55cls and human rc50ur5 availabl¢ al 31 Augu 2025. Ihe tTusle&s belicvethat thc clit is a goll The CClI11 ovrtKCs Ihc i%Trrk pf mini%i¢r% lay w)rkers in Chllrches ivithin Ilie Circiiit, bul d8 DDI havc wntrol over thos¢ Churchc5, JnlliislcTS or I&y iWJTkers exe¢pt in ¢xlr¢iJ)¢ ¢ir¢umsiances, Iioll¢ of ivhich Iwe 2pplicabl¢. FOT this ttasoii, Ibe fjnancial staletnellts of tbe Chllrches ivilhin Ihe Circuil arg nol LX)ts$olidaied into Ih¢5e flttanei stsiements. Ministrrial over8ight And pxstorkl tAr¢ of tht nlThe Ioc41 Ihurcbe$ In the Clreult Iiicunie is broughl into accoiinl iYliElI Il is ni0 lik¥ly Ihan noi Ibat the ¢Lon()miL' benefit ofihe income ivill accrue to the Cwcuil. No attcmpl is mad¢ 10 Mlir¢ th¢ value ofservices donated by voluntccrs. In arcoTdancc with Ihe Charilits SORP IFRS 102}. thetlme of volunie¢rs is not r¢cy)gnis¢d. %pendllvre '1lJis is r¢¢o8rtis¢d when a liability is inciirred. or a constructive obli8ali¢)n v&i8es, thai results in th¢ paymeni b¢ing unavoidable. LiHbiliti¢s Hre as soon 85 an oiiifloiv of ecoDOWiC beDefii is considered mOTe likely noi und¢T the 1¢8al or coiislru¢liveoblisalion winiMillin8 Ihc CiTCUit lo payout r¢sour¢¢s. PaBe 10
RVTrITrURD MLf'i'HODIST CERCUIT NOTES TO THE ACCOUN'TS FOR THE YEAR ENDED 3t AUCUST 2025 Grants Grlts are recolSed onnually ody dnd wh¢il Y Frfon]Jallce coiidilions altaGIiiDB lo lh¢ aiyard are mei, even ivhen Ilie aivaTd is for a reLurrent grRiil over niore IhRii oiie ycar. All 8rail1 alrded for p8ymeiil in futllre linanciRI ycar.s arc conditional oli Ihc Grsnis Coniihiiiec heing %aiisfied. on the bAsis of PTO8TeSS T¢POrts from th¢ graiiiee, $1181 the grani's 8Gliievemeii15 to dule justify the payinelll vf thrther Misialnieiis of ilial granl. Sllch comtt]ihnenls rtoitd as ¢oniingeni liabililies 8nd included wiihin ihe CiTcDII Advwice Fund QTollierTclcvRnl drsi8nalrd fvnd I Ihcse accoiinls. I'AT siiice the Circuit is llol VAT tegisi¢Ted, all thpui VAT is ehgrged ivith Ihe expenses to ivhiclj il telaies. TAngible fixed *s$tts These 8re ¢8pitsled if they c8n be for mote Ihart one year. Tli¢ M8Jses gre sho¥vn in the Hcooiinls al markei valiiation ai the eDd oflhe financial y¥ar. xiil I)¢btr$ And ireditors. bk arjd CAyb Dtbiors are slated al the an]ounts oived lo the Cirbuil or prtpaid. Creditors are inilially recognised al seiiltineni amouni after any IrHde dis¢ouiil¥, i%qicrt eredil lerins llpply, or aniou1 advanc£d lo Ihc Cir¢iiil. 8iibs¢qucnlly creditOTS that arc currcnt liabilities arc ted ai thc ¢asli or oili¢r consideration expecfrd to be paid. The liqutd fvnds of b8nk baDC¢S 8nd deposit ac¢oiilli balBnce& ste shoivn Rl Ihe realisJble values. xlv MlJil¥ter¥' mAn5e cost5 111¢ (,'ircuit is r¢qiiir¢d 10 provide gecommodation for cDch Minisier and his I h¢r fBmily. 'IlJ¢ Csrcuit beBis thB ¢OSt of repaits, D]aTIiteiian¢e, buildthg insurattce. Coiincil T&x snd iyaler diorBes. Th¥5t costs are ttoi sho%4yJ grp8raleJy as beilefils--kd for Minislers as HMRC does not Stek Il)c3e rweipi$ In t1 liands of the mlSterS. Pa8cII
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ROLIIVOiWfvIETHODtSTCIRcufT No'r.1) TNEALLX)UNTS FOR TITZTrEAR ENDEDJI AUGiiST201S 10 FiÉtdAsts OllieT TltAI Assets B&lDrLcctsI IseP1 2021 Adthtionsinihiy¢ reteivtd 2.Q30.000 7,450.1th) Dcprc¢iBrio 135,WOI {35.MOI I55l y¢ I11cell JlslAugwsi2025 2.050. 5.365.000 7.415.0 niG Duildiy WCTC ¥th¢d &1 JI 2022 bythGTT4Wcc5. htswYer. thtiiig the yearodiustsncntli05 bw idr in Ic5PECtoltWu nSeS wlicÉ¢ upthicd volu&tions ty'lntslttsNodepreciLtioni&prmidcd ON thu knilthn the coM5id¥riht¢utt¢nt f1r1 ofthrtsJknseillthl1S (off the lh iil1sdttÈthedihtend olits seI Iifr by lh¢ yrgr-rndl to be less thtn its cuml wlu¢. Wld rtol be motwifji. Thi hy¢ iK¢ry ev¥¢f0Kts)jp&irefil. lTrvrshN¢Dtwprttits S¢i5fUtrntlydEtDdlÈbthddk*llie loreiennimEArnpRipwofth¢f.IT¢yS1. UnItst&1kCtYUt 11 151 %¢yi 2024 AdditipStrn Iheye 882.¢40 95.762 {193.4) ReVuln0ns IhyEar BA(¢1151 Au8u5t2025 807.780 Pw14
ROMFORD M%TIIOTrISTCIRCUIT
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oThiroRD MiI"HODIST CIRCUIT NOTF.STOTHF.ACCOIINTS FOR THE YEAR ENDF.D 31 AIIC.IIST 2025 17 Clreui¢ IUD)25tiitled And RÈstr1L't) TheCircuilrnaintaTrns3 numb¢i ufsepkiAte ThepurpJs¢. iype. mWrien1 and aie as Lt Ikcnd ofycBt 15 knum¢nied belmy. The fund5 hrTrl eoThstiiuie'. GentrNI Funds fol IlUfP95e and fiTcuiI Dcycknpmrnt Fund, the ¢apit#l nrnAl bcing uNvailoble for snding thc itKDm¢ from Ivhith Is either Restricied or UnrestyK¢ed. Det4ils ofexh ieiial fund aiediSLkn5cd in tlie notes b¢luw. ProJe¢t G¢neMI Funds.Unr¢s¢ricied 2024-25 6,235,852 2023-24 6.29¥.324 For use 8l the disem ibf ihe sruses in the fyrthcrnncc of thc objrcliyes Df th¢ C1rtUll. This ex¢lyd¢5 funds ii,Iiich knve been dESiBnaicd fDra spe¢ifi¢yiw¢. CitLliit MLI Trtl Fund The residual knl¥n¢¢ offunds ii'lii¢k aiose fr(Th she Sa ofchuTchcs wcvIOU51y Closed nd SO fjnd th¢ pr¢vE0s of m9n5. Fw SPEGific putPDses not 1[k by dwumcnt ardeed to IbHtputptss¢ abn¢ 769.395 839,435 - unTCIed Duign$t£d y- Untpstricted Manse Purtd fortlie maini¢nanceoftnanses Othei- tOBSSiiimetntrChurches 40,OQO 45.( Mi5slonOutruch Fund- Restriwgj (Fortnerfy YouthFotun]I SpYci&l ProjlFUT1 Cjrwit fvIl[Oth[Ellth CollierRoiv Mission Outrch Prnjttt 3,537 3,537 1,343,425 L¢g8¢iesand funeral colk4tn3 For forthc tMtys¢s spe¢ifJedin thereievAnf Wi115 QT fgmily re4uests .635 CircoitlJenc¥oknt Fund-Re51riCI TolP meelthrex¢epiionAI need5 orpr&thy% de&ConsCiTrit lay trnphyees And thcir dCp¢¢Is ilgthin lh¢ Romfofd Circuit Ihal cannol mct at & IDcal Chuth ol Cirb'iiit ]evel Alone, by piiividiiig ? re50yE froJM ivhich confithntial p2ym¢nts Lart b¢ 2,575 2,083 .453,749 8,619,549 18 Trnnsfer b¢lwten I24-2$ 1023-24 ProtKrty5uipIu5 lrnn5fcf IvÈen¢rAI fund CNfFF IransrCrt 8cnrthl fund iiibuiion fiom ¥cn¢iEI fund Iocllcuit misSirii Tranxf¢rdonu¢t fiom CMTF lOBEyOf Fund Ir¢Dsfei iodui8naled fuT 2,674 3QO 1.750 18,459 40.000 1.750 50.OOD 19 Volynt¢¢r contribut Every lity {CwnVon, Di8lricQ Circuit. Church) iVItn Ihe MethLk4i%i thurth in QB 1$ Iieivily ieliant valunlccts who rontrbi tst¢ their Skills. i1 ond monry in th¢ funh¢rance of the ivork of the Church PlinclY t5 coniribution is by 5L¥ving on cornmirte2x of Iht Circuii ih81 deal i¥ryth MISnn, maNe5. rinAn¢e, N)licy. gr8nts. tr4ining. develDtmeDL Wc are wi¢ful tfrAII of Ihem foriheirh¢lp8lld EorntDitsnpnt. 20 elinetied Oryni58llDThS relRled pRrtiE5 Cortne¢ttdoi8énisEIKbN% IlUd01h¢ Methodis1 cneXtn. IhG fJi5tilclandChur¢h¢5 IlhI lh¢ fiicyil. CFB RndTMCP All DflhesLtnlilS hgye iheiroiyn trusieesordweciors WtanornOHdMin15knt1U. Details fn5&¢I10nS wcurring ayrinB thByear were fOllvS.. NRrne of conert OryrtlsAIIts Rc<tipts Payments Donor" Churche% vryin thE Romford Cir¢UII- Assessments DonOrlDor.. TheLondonDistriCtrlknqexlgMisl Donee.. Meih(xlist Chur¢h Fundvi# iheLondoTr DistrKt Gr2ntpakluChufb.hes ivilhin Ihe Cwcyii Is.0 68.970 54.&17 5.000 204,225 PoBe16
DECLARATIONS Treasurer I confirm that I have prepared the accounts from thè records of the Circuit and that they Include all fund5 under the control of the Clrcult Slgnature of Treasurer Name Tom E J Smith FCA CTA Address Circuit Mlssion Outreach Centre, ClockhDUSe Lane, Romford RM5 3QP Date 121+11 Presentation to the Clrcult Meetlng for approval. l confirm that the Accounts will be presented to the Circuit Meetin8 on 28 April 2026 for approval. Signature of the Chair of the meetin8 Name of the Chalr of the meeting Rev Dr E Jackson Date