## **Trustees’ Annual Report for the period** **From 1[st] September 2024 Period start date To 31[st] August 2025 Period end date** ## **Charity name: Rotherham and Dearne Valley Methodist Circuit** ## **Charity registration number: 1132844** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The purposes of the Methodist Church are
and shall be deemed to have been since the
Date of Union the advancement of:
d) The Christian Faith in accordance
with the doctrinal standards and
discipline of the Methodist Church ;
d) Any charitable purpose for the time
being of any Connexional, District,
Circuit, local or other organisation of
the Methodist Church
d) Any charitable purpose for the time
being of any charity being a charity
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
| ||Para 1.17 and
1.19|
The Circuit produces a quarterly preaching
plan to ensure regular acts of worship take
place at each of the 10 Methodist Churches
and the 1 Local Ecumenical Partnership in
its geographical area.

These are open to all people without charge
and serves over 500 people every week this
way.

The Circuit exists to provide a living
expression of the Christian faith in action,
both in individual’s lives and in community
work, and providing a regional and national
voice. This includes organised acts of
learning, caring, worship and service. We do
this from a base of 10 caring communities
and several charities.
| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.||Each of our 10 churches has a variety of
public services that it offers, across all the
age ranges including, providing rooms for
community use, Mums and Tots groups,
playgroups, youth groups, support for youth
uniformed organisations, including, Scouting,
Guiding, Boys Brigade, Girls Brigade and a
range of activities for adults and the elderly
including Memory cafes and Senior Youth
Clubs. Through High St Centre in Rawmarsh
we provide services on behalf of RMBC
through our Youth Charity, and Community
development work. This includes respite
care for children with special needs, after
school care, youth clubs and meeting space.

We have active connections with local
primary schools. This includes assemblies,
prayer spaces, Godly Play and church visits.
A number of other schools are supplied
assemblies from the ‘Open the Book’
scheme.

The Circuit is directly involved and support
the following ministries and projects in its
area in partnership with other Christian
Groups.

•The charity, Lighthouse Homes
which offers accommodation for
homeless men & women.
•Shiloh – day centre for homeless
men and women
The Circuit works in partnership with other
Christian Churches and a number of
Christian charitable organisations across the
Rotherham
Geographical area.

We confirm the trustees have had regard to
the Charity Commission’s guidance on
public benefit.| |---|---|---| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The Reserves policy for the Rotherham and
Dearne Valley Circuit is to hold equivalent to
6 months’ average expenditure in
accordance with Methodist Standing Orders.
This should be sufficient to meet any
unforeseen item of major expenditure.
It is necessary to hold sufficient working
capital to enable the quarterly payment of
stipends and business expenses for two
presbyters and four Lay Workers (from 1
September 2024) and our contribution to the
District and Connexion.| ## **Achievements and Performance** |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|SORP reference
Para 1.20|Mission
Schools work is being developed further with
active involvement across the borough. This
includes assemblies, ‘Open the Book’ story
time, ‘Experience festival’ sessions and
Godly Play and prayer spaces.

Trinity Hall continues to function as a
sustainable community centre, with provision
with office space upstairs. The downstairs
being used by Broad Horizons which
provides care for adults with learning and
physical difficulties.

Memory cafes are being run at Wickersley
and St. John’s.

Rawmarsh has renovated a new entrance
and meeting rooms which are used by the
community and NHS.

A new entrance area has been completed at
Broom Church

Family Fun Church has been established at
Central and Broom and the
Little Boat Club for babies and pre-schoolers
runs at Central, Broom, St John’s and at
Furlong Road

An Alpha Course has taken place over 10
weeks at Wath Methodist Church

Whiston is working hard with the Parish
Council to offer additional support for
community events| |---|---|---| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|At the year end the Circuit is holding
unrestricted reserves in excess of its
reserves policy. The Managing Trustees
anticipate that reserves will reduce in future
years from investment in mission through
staffing and supporting churches with capital
investment in their premises.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The Reserves policy for the Rotherham and
Dearne Valley Circuit is to hold equivalent to
6 months’ average expenditure. This should
be sufficient to meet any unforeseen item of
major expenditure.
It is necessary to hold sufficient working
capital to enable the quarterly payment of
stipends and business expenses for two
presbyters and four Lay Workers (from 1
September 2024) and our contribution to the
District and Connexion.| |Amount of reserves held|Para 1.22|| |||Not applicable
No funds are in deficit
Based on the information currently available in
respect of the future, the Managing Trustees
consider that the Circuit has the plans and resources
to manage its risks successfully and that there are no
material uncertainties about the Circuit’s ability
continue as a going concern.
**Formatted:**Font: Not Bold
**Formatted:**Font: Not Bold| |---|---|---| |Reasons for holding zero
reserves|Para 1.22|Not applicable| |||| |Details of fund materially in
deficit|Para 1.24|No funds are in deficit| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|Based on the information currently available in
respect of the future, the Managing Trustees
consider that the Circuit has the plans and resources
to manage its risks successfully and that there are no
material uncertainties about the Circuit’s ability
continue as a going concern.| |||| |**Structure, Governance and Management**
Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)
Para 1.25
The Circuit is an unincorporated association
and is governed by the Methodist Church
Act 1976, the Deed of Union and the Model
Trust Deeds of the Methodist Church
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25
The Circuit’s governing document is the
Constitutional Practice and Discipline (CPD)
of the Methodist Church of Great Britain.
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Para 1.25
The Circuit Meeting, who are the managing
trustees, include key office holders
appointed by the meeting and
representatives appointed by each of the
churches within the circuit, in accordance
with the provisions of CPD.
**Reference and Administrative details**
Charity name
Rotherham and Dearne Valley Methodist Circuit
Other name the charity uses
Registered charitynumber
1132844
Charity’s principal address
18 Queensway
Rotherham
S60 3EE
**Formatted:**Font: (Default) Arial, 11 pt
**Formatted:**Font: (Default) Arial, 11 pt|**Structure, Governance and Management**
Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)
Para 1.25
The Circuit is an unincorporated association
and is governed by the Methodist Church
Act 1976, the Deed of Union and the Model
Trust Deeds of the Methodist Church
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25
The Circuit’s governing document is the
Constitutional Practice and Discipline (CPD)
of the Methodist Church of Great Britain.
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Para 1.25
The Circuit Meeting, who are the managing
trustees, include key office holders
appointed by the meeting and
representatives appointed by each of the
churches within the circuit, in accordance
with the provisions of CPD.
**Reference and Administrative details**
Charity name
Rotherham and Dearne Valley Methodist Circuit
Other name the charity uses
Registered charitynumber
1132844
Charity’s principal address
18 Queensway
Rotherham
S60 3EE
**Formatted:**Font: (Default) Arial, 11 pt
**Formatted:**Font: (Default) Arial, 11 pt| |---|---| |Charity name|Rotherham and Dearne Valley Methodist Circuit| |Other name the charity uses|| |Registered charitynumber|1132844| |Charity’s principal address|18 Queensway
Rotherham
S60 3EE| ||| ||| |**me**
1
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**Dates acted if not for whole**
**year **
**Name of person (or body) entitled**
**to appoint trustee (ifany)**|**charity**
**Dates acted if not for whole**
**year **
**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---|---| ||**Trustee name**||**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| ||Rev. Dr. Andrew
Fox
Rev Louise
Makin
Mr Edward
Siddall
Rev Lynn
Broadhead
Rev Joyce
Barrass
Rev Dick Styles
Rev Jennifer
Park
Mr David Ryan
Mrs Anne
Holmes
Mr John Cook
Mr David Guy
Mrs Karen Dunn
Mr Robert
Hambrey
Mrs Muriel
Mellars
Mrs Gill Styles
Mrs Rona
Hudson
Mrs Gail Atkin
Mr Alex Hall
Mrs Eleanor
Wainwright
Mrs Victoria
Loveday|Superintendent
Presbyter
Lay Pastor
Presbyter LEP
Supernumerary
Supernumerary
Supernumerary
Circuit Treasurer and
Governance Officer
and Treasurer
Circuit Secretary and
Circuit Steward
Assistant Circuit
Secretary
Action for Children
Secretary
Climate Justice
Officer
Local Preacher
Secretary
Representative for
Local Preacher
Meeting
Representative for
Local Preacher
Meeting
Trustee
Trustee
Trustee
Trustee
Trustee
Circuit steward|||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ## **Names of the charity trustees who manage the charity** |Mr Francis Lovell|Trustee||| |---|---|---|---| |Mrs Margaret
Moran|Trustee||| |Mrs Janet Griffiths|Trustee||| |Steve Hannam|Trustee||| |Mrs Joyce Kilner|Trustee||| |Chris Houghton|Trustee||| |Mrs Irene White|Trustee||| |Anne Wright|Trustee||| |Mrs Anita Andrews|Trustee and
Circuit Steward||| |Mrs Kay
Smallwood|Trustee||| |Mr Dave Wright|Trustee||| |Mr Gary Pitt|Trustee||| |Peter Drabble|Trustee||| |Mrs Angela Yardy|Trustee||| |Kay Hester|Trustee||| |Mr David Schofield|Trustee||| |Miss Liz Hill|Trustee||| |Mrs Julie Hardwick|Trustee||| |Mrs Irene Benson|Trustee||| |Mr David Sykes|Trustee||| |Amy Wright|Trustee||| |Mrs Jane Shore|Trustee||| |Mrs Anita Taylor|Trustee||| |Janet Hampshire|Trustee
Circuit Steward||| ||||| ||||| ||||| ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** > **Signature(s)** _A M Fox_ **Full name(s)** Andrew Mark Fox **Position (eg Secretary,** Chair of Circuit Meeting **Chair, etc) Date** 08/06/2026 **Charity registration number 1132844 (England and Wales)** **ROTHERHAM AND DEARNE VALLEY METHODIST CIRCUIT** **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31 AUGUST 2025** ## **ROTHERHAM AND DEARNE VALLEY METHODIST CIRCUIT** ## **LEGAL AND ADMINISTRATIVE INFORMATION** |**Ministers**|Rev Dr A Fox| |---|---| ||Rev L Makin| |**Layworkers**|Pastor - E Archer Siddall| ||Governance Officer - D Ryan| ||Lay Visitor - K Dunn| ||Lay Visitor - E Whiteoak| ||Childrens worker - G Perkins| |**Circuit stewards**|D Ryan| ||A Holmes| ||V Loveday| ||J Hampshire| ||A Andrews| |**Treasurer**|D Ryan| |**Charity number**|1132844| |**Registered office**|Central Methodist Church| ||Lodge Lane| ||Aston| ||Sheffield| ||S26 2BP| |**Accountants**|Hart Shaw LLP| ||Europa Link| ||Sheffield Business Park| ||Sheffield| ||S9 1XU| ## **ROTHERHAM AND DEARNE VALLEY METHODIST CIRCUIT** ## **CONTENTS** ||**Page**| |---|---| |Trustees' report|1 - 2| |Independent examiner's report|3| |Statement of financial activities|4| |Balance sheet|5| |Notes to the financial statements|6 - 17| ## **ROTHERHAM AND DEARNE VALLEY METHODIST CIRCUIT** ## **TRUSTEES' REPORT** _**FOR THE YEAR ENDED 31 AUGUST 2025**_ The trustees present their annual report and financial statements for the year ended 31 August 2025. The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's Deed of Union (1932) and Methodist Church Act (1976), 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)” (as amended for accounting periods commencing from 1 January 2016). ## **Objectives and activities** Charity objective is to act as a Resource provider within the area around Rotherham 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 the 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 How the charity achieves its aims: - 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. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. ## **Achievements and performance** The charity is the controlling body of the Methodist Church in the Rotherham and Dearne Valley area. We seek to promote the Christian Gospel of Hope through the life and teachings of Jesus Christ as contained in the Holy Bible. We do this in many ways but mainly through the operation of 11 Churches in this area. The beneficiaries of our work are many and through discussion at our circuit meeting we constantly seek new ways of spreading the Gospel. ## **Financial review** The charity is financially solvent and currently holds reserves in excess of Methodist requirements as laid down by conference. We are looking at how our reserves can be deployed in the future. The charity are required to hold as reserves within the Methodist church 6 months annual expenditure as a minimum. There is no requirement to spend sums in excess of this. The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. - 1 - ## **ROTHERHAM AND DEARNE VALLEY METHODIST CIRCUIT** ## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2025**_ ## **Structure, governance and management** The Rotherham And Dearne Valley Circuit is under the control of the circuit meeting in this area. The actions are outlined and discussed at our quarterly meeting. Reports are presented on a regular basis to explain our current situation. All financial documents are supplied to the Sheffield District which itself oversees a number of circuits in this area. The day to day running of the circuit is overseen by the Circuit leadership team who are the employed staff and a number of unpaid lay circuit stewards. The trustees who served during the year were: |Rev J Barrass|Rev J Park|A Andrews| |---|---|---| |L Broadhead|Rev A Fox|Rev L Makin| |J Cook|P Drabble|K Dunn| |D Guy|A Hall|R Hambrey| |J Hampshire|S Hannam|K Hester| |L Hill|J Hindley|A Holmes| |C Houghton|R Hudson|B Millington| |J Kilner|R Lindley|J Hardwick| |V Loveday|F Lovell|G Atkin| |M Mellars|M Moran|P Na| |G Pitt|D Ryan|D Schofield| |E Siddall|K Smallwood|D Wright| |D Styles|G Styles|A Yardy| |E Wainwright|I White|F Wilson| |A Wright|E Wright|| All members of the circuit are appointed by the churches in the area of influence plus the paid staff employed by the circuit. The trustees' report was approved by the Board of Trustees. **David Ryan** Treasurer 23 February 2026 - 2 - ## **ROTHERHAM AND DEARNE VALLEY METHODIST CIRCUIT** ## **INDEPENDENT EXAMINER'S REPORT** ## **TO THE TRUSTEES OF ROTHERHAM AND DEARNE VALLEY METHODIST CIRCUIT** I report to the trustees on my examination of the financial statements of Rotherham and Dearne Valley Methodist Circuit (the charity) for the year ended 31 August 2025. ## **Responsibilities and basis of report** As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011. I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011. ## **Independent examiner's statement** Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies. Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: - 1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act 2011. - 2 the financial statements do not accord with those records; or - 3 the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Natalie Bracey FCA Hart Shaw LLP Chartered Accountants Europa Link Sheffield Business Park Sheffield S9 1XU Dated: ......................... - 3 - ## **ROTHERHAM AND DEARNE VALLEY METHODIST CIRCUIT** ## **STATEMENT OF FINANCIAL ACTIVITIES** _**FOR THE YEAR ENDED 31 AUGUST 2025**_ |**Unrestricted Unrestricted Endowment**
**funds**
**TMCP fund**
**funds**
**2025**
**2025**
**2025**
**Notes**
**£**
**£**
**£**
**Income and endowments from:**
Donations and legacies
**2**
2,198
-
-
Charitable activities
**3**
211,523
-
-
Other trading activities
**4**
38,150
-
-
Investments
**5**
21,667
25,300
1,097
Other income
**6**
-
-
-
**Total income and endowments**
273,538
25,300
1,097
**Expenditure on:**
Charitable activities
**7**
320,393
4,117
-
Contributions to DAF
-
36,476
-
Other expenditure
**12**
-
1,960
169
**Total resources expended**
320,393
42,553
169
Net gains/(losses) on investments
**13**
-
-
96
**Net (outgoing)/incoming resources**
**before transfers**
(46,855)
(17,253)
1,024
**Net (outgoing)/incoming resources**
**before transfers**
(46,855)
(17,253)
1,024
Gross transfers between funds
62,928
(62,000)
(928)
**Net movement in funds**
16,073
(79,253)
96
Fund balances at 1 September 2024
1,009,566
603,014
51,976
**Fund balances at 31 August 2025**
1,025,639
523,761
52,072|**Total**
**2025**
**£**
2,198
211,523
38,150
48,064
-
299,935
324,510
36,476
2,129
363,115
96
(63,084)
(63,084)
-
(63,084)
1,664,556
1,601,472|**Total**
**2024**
**£**
-
198,487
30,535
60,447
22,360
311,829
351,700
38,891
1,948
392,539
3,732
(76,978)
(76,978)
-
(76,978)
1,741,533
1,664,555| |---|---|---| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. - 4 - ## **ROTHERHAM AND DEARNE VALLEY METHODIST CIRCUIT** ## **BALANCE SHEET** ## _**AS AT 31 AUGUST 2025**_ |**Notes**
**Fixed assets**
Tangible assets
**15**
Investments
**16**
**Current assets**
Debtors
**17**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**18**
Net current assets
**Total assets less current liabilities**
**Capital funds**
Endowment funds - general
**20**
**Income funds**
TMCP unrestricted fund
Unrestricted funds|**2025**
**£**
**£**
438,975
52,072
491,047
43,537
1,120,690
1,164,227
(53,802)
1,110,425
1,601,472
52,072
523,761
1,025,639
1,601,472|**2024**
**£**
**£**
438,975
51,976
490,951
62,469
1,166,223
1,228,692
(55,088)
1,173,604
1,664,555
51,975
603,014
1,009,566
1,664,555|**2024**
**£**
**£**
438,975
51,976
490,951
62,469
1,166,223
1,228,692
(55,088)
1,173,604
1,664,555
51,975
603,014
1,009,566
1,664,555| |---|---|---|---| ||||490,951
1,173,604| ||||1,664,555| ||||51,975
603,014
1,009,566| ||||1,664,555| The accounts were approved by the Trustees on 23 February 2026 David Ryan **Treasurer** - 5 - **ROTHERHAM AND DEARNE VALLEY METHODIST CIRCUIT** ## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 AUGUST 2025**_ ## **1 Accounting policies** ## **Charity information** Rotherham and Dearne Valley Methodist Circuit is a charity registered in England and Wales. The registered office is Central Methodist Church, Lodge Lane, Aston, Sheffield, S26 2BP. ## **1.1 Accounting convention** The financial statements have been prepared in accordance with the charity's Deed of Union (1932) and Methodist Church Act (1976), the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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 2019). The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows. The financial statements 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 financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. ## **1.2 Going concern** At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. ## **1.3 Charitable funds** Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. ## **1.4 Incoming resources** Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. - 6 - ## **ROTHERHAM AND DEARNE VALLEY METHODIST CIRCUIT** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2025**_ ## **1 Accounting policies** **(Continued)** ## **1.5 Resources expended** Expenditure is recognised under the accruals basis. Specific expenditure on charitable activities is charged directly against the activity to which it relates as costs of raising funds or expenditure on charitable activities. Support and governance costs are charged against the charitable activity they support the most. Other expenditure represents those items not falling into any other heading. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred. ## **1.6 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. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Freehold land and buildings Held at residual value 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 the statement of financial activities. ## **1.7 Fixed asset investments** Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year. Transaction costs are expensed as incurred. ## **1.8 Impairment of fixed assets** At each reporting end date, the charity reviews the carrying amounts of its tangible 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). ## **1.9 Cash and cash equivalents** Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. ## **1.10 Financial instruments** The charity 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 charity's balance sheet when the charity 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. - 7 - **ROTHERHAM AND DEARNE VALLEY METHODIST CIRCUIT** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2025**_ ## **1 Accounting policies** ## **(Continued)** ## _**Basic financial assets**_ Basic financial assets, which include debtors and cash and bank balances, but not concessionary loans, 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. ## _**Concessionary loans**_ Concessionary loans are initially measured at the amount received or paid and recognise them in the balance sheet. In subsequent years, the carrying amount of concessionary loans in the accounts shall be adjusted to reflect any accrued interest payable or receivable. To the extent that a loan that has been made is irrecoverable, an impairment loss shall be recognised in income and expenditure. ## _**Basic financial liabilities**_ Basic financial liabilities, including creditors 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 payments 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 creditors 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 creditors 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 charity’s contractual obligations expire or are discharged or cancelled. ## **1.11 Employee benefits** The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. ## **1.12 Retirement benefits** Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. ## **2 Income from donations and legacies** ||**Unrestricted**|**Unrestricted**| |---|---|---| ||**funds**|**funds**| ||**2025**|**2024**| ||**£**|**£**| |Legacies|2,198|-| - 8 - ## **ROTHERHAM AND DEARNE VALLEY METHODIST CIRCUIT** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 AUGUST 2025**_ |**3**
**Charitable activities**
Church collections
**4**
**Other trading activities**
Letting and licensing arrangements
Other income relates solely to unrestricted funds.|**2025**
**£**
211,523
**2025**
**£**
38,150|**2024**
**£**
198,487| |---|---|---| |||**2024**
**£**
30,535| |||| - 9 - ## **ROTHERHAM AND DEARNE VALLEY METHODIST CIRCUIT** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2025**_ ## **5 Income from investments** ||**Unrestricted**|**TMCP**|**Endowment**|**Total**|**Unrestricted**|**TMCP**|**Endowment**|**Total**| |---|---|---|---|---|---|---|---|---| ||**funds**|**unrestricted**|**funds**||**funds**|**unrestricted**|**funds**|| |||**funds**|**general**|||**funds**|**general**|| ||**2025**|**2025**|**2025**|**2025**|**2024**|**2024**|**2024**|**2024**| ||**£**|**£**|**£**|**£**|**£**|**£**|**£**|**£**| |Interest receivable|21,667|25,300|1,097|48,064|25,914|33,076|1,457|60,447| - 10 - ## **ROTHERHAM AND DEARNE VALLEY METHODIST CIRCUIT** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2025**_ ## **6 Other income** |**Unrestricted**
**TMCP**
**Total**
**funds unrestricted**
**funds**
**2025**
**2025**
**2025**
**£**
**£**
**£**
Church sales
-
-
-
**Expenditure on charitable activities**
**Unrestricted**
**funds**
**TMCP**
**unrestricted**
**fund**
**Total**
**Unrestricted**
**funds**
**TMCP**
**unrestricted**
**fund**
**2025**
**2025**
**2025**
**2024**
**2024**
**£**
**£**
**£**
**£**
**£**
**Direct costs**
Staff costs
188,701
-
188,701
172,743
-
Methodist Church Fund
64,732
-
64,732
60,591
-
Telephone & travel
12,915
-
12,915
12,913
-
Insurance & utilities
22,607
-
22,607
21,849
-
Maintenance on manses
13,067
-
13,067
4,690
-
Expenditure on other
properties
5,672
-
5,672
5,297
-
Donations
(6,317)
-
(6,317)
8,515
-
Other expenditure
9,982
-
9,982
18,053
-
311,359
-
311,359
304,651
-
Grant funding of activities
(see note 8)
4,714
4,117
8,831
17,485
26,000
**Share of support and**
**governance costs**
**(see note 9)**
Support
4,320
-
4,320
3,564
-
320,393
4,117
324,510
325,700
26,000
**Analysis by fund**
Unrestricted funds
320,393
-
320,393
325,700
-
Restricted funds
-
4,117
4,117
-
26,000
320,393
4,117
324,510
325,700
26,000|**Total**
**2024**
**£**
22,360| |---|---| ||**Total**
**2024**
**£**
172,743
60,591
12,913
21,849
4,690
5,297
8,515
18,053| ||304,651
43,485
3,564| ||351,700| ||325,700
26,000| ||351,700| ## **7 Expenditure on charitable activities** - 11 - ## **ROTHERHAM AND DEARNE VALLEY METHODIST CIRCUIT** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2025**_ ## **8 Grants payable** During the year, two grants (2024 - four) were made as follows: |**Unrestricted**
**funds**
**TMCP**
**unrestricted**
**fund**
**2025**
**2025**
**£**
**£**
Grants to institutions:
Broom Church - Entrance
4,714
-
St John's - Roof
-
-
Broom Church - AV
System Upgrade
-
-
Broom Church - Roof
-
-
Wickersley car park
-
4,117
4,714
4,117|**Total**
**Unrestricted**
**funds**
**TMCP**
**unrestricted**
**fund**
**2025**
**2024**
**2024**
**£**
**£**
**£**
4,714
7,485
-
-
-
18,000
-
-
8,000
-
10,000
-
4,117
-
-
8,831
17,485
26,000|**Total**
**2024**
**£**
7,485
18,000
8,000
10,000
-| |---|---|---| |||43,485| ## **9 Support costs** |**Support**
**costs**
**Governance**
**costs**
**£**
**£**
Administration
costs
4,320
-
4,320
-
Analysed between
Charitable
activities
4,320
-|**2025**
**£**
4,320
4,320
4,320|**2024**
**Basis of allocation**
**£**
3,564
Charitable activities
3,564
3,564| |---|---|---| - 12 - **ROTHERHAM AND DEARNE VALLEY METHODIST CIRCUIT** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2025**_ ## **10 Trustees** During the year, 6 Trustees have been paid remuneration and had received other benefits from an employment with the Rotherham and Dearne Valley Circuit. The Trustees only received remuneration in respect of services they provide undertaking their roles under their contract of employment, and not in respect of their role as Trustees. The value of Trustees' remuneration and other benefits was as follows: |||**2025**|**2024**| |---|---|---|---| |||**£**|**£**| |E Archer-Siddall|Remuneration|32,400|30,336| ||Pension contributions paid|1,944|1,820| |D Ryan|Remuneration|14,004|13,116| ||Pension contributions paid|840|787| |Rev A Fox|Remuneration|34,417|32,320| ||Pension contributions paid|6,220|7,678| |Rev L Makin|Remuneration|31,307|29,399| ||Pension contributions paid|6,220|7,678| |K Dunn|Remuneration|6,672|6,240| ||Pension contributions paid|-|-| |G Perkins|Remuneration|13,464|12,612| ||Pension contributions paid|67|-| During the period, 6 (2024: 7) Trustees received reimbursement of expenses totalling £9,394 (2024: £5,951) relating to travel, stationery, resources to use in ministry and manse repairs. - 13 - ## **ROTHERHAM AND DEARNE VALLEY METHODIST CIRCUIT** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2025**_ ## **11 Employees** ## **Number of employees** The average monthly number of employees during the year was: |**Employment costs**
Wages and salaries
Social security costs
Other pension costs|**2025**
**Number**
7
**2025**
**£**
157,756
14,484
16,461
188,701|**2024**
**Number**
7| |---|---|---| |||**2024**
**£**
142,569
10,818
19,356| |||172,743| There were no employees who received total employee benefits (excluding employer pension contributions) of more than £60,000. ## **12 Other expenditure** |**TMCP Endowment**
**unrestricted**
**funds**
**funds**
Administration of restricted fund
1,960
169
**For the year ended 31 August 2024**
1,810
138|**Total**
**2025**
**£**
2,129|**Total**
**2024**
**£**
1,948| |---|---|---| |||1,948| ## **13 Gains and losses on investments** ||**Endowment**|**Endowment**| |---|---|---| ||**funds**|**funds**| ||**2025**|**2024**| |Gains/(losses) arising on:|**£**|**£**| |Revaluation of investments|96|3,732| ## **14 Taxation** The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. - 14 - ## **ROTHERHAM AND DEARNE VALLEY METHODIST CIRCUIT** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 AUGUST 2025**_ |**15**
**Tangible fixed assets**
**Cost**
At 1 September 2024
At 31 August 2025
**Carrying amount**
At 31 August 2025
At 31 August 2024
**16**
**Fixed asset investments**
**Cost or valuation**
At 1 September 2024
Valuation changes
At 31 August 2025
**Carrying amount**
At 31 August 2025
At 31 August 2024
**17**
**Debtors**
**Amounts falling due within one year:**
Other debtors
Prepayments and accrued income
**Amounts falling due after more than one year:**
Other debtors
**Total debtors**|**Freehold land and**
**buildings**
**£**
438,975
438,975
438,975
438,975
**Ward bequest**
**£**
51,976
96
52,072
52,072
51,976
**2025**
**2024**
**£**
**£**
11,320
25,963
7,377
7,002
18,697
32,965
**2025**
**2024**
**£**
**£**
24,840
29,504
43,537
62,469| |---|---| - 15 - ## **ROTHERHAM AND DEARNE VALLEY METHODIST CIRCUIT** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2025**_ ## **17 Debtors** ## **(Continued)** Other debtors due within one year disclosed above includes concessionary loans provided at 0% interest with an outstanding balance at the year end of £11,320 (2024 - £10,885). Other debtors due after one year disclosed above includes concessionary loans provided at 0% interest with an outstanding balance at the year end of £24,840 (2024 - £29,504). ## **18 Creditors: amounts falling due within one year** |Trade creditors
Accruals and deferred income
**19**
**Retirement benefit schemes**
**Defined contribution schemes**
Charge to profit or loss in respect of defined contribution schemes|**2025**
**£**
898
52,904
53,802
**2025**
**£**
16,461|**2024**
**£**
2,346
52,742| |---|---|---| |||55,088| |||**2024**
**£**
19,356| The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund. ## **20 Endowment funds** Endowment funds represent assets which must be held permanently by the charity. Income arising on the endowment funds can be used in accordance with the objects of the charity and is included as unrestricted income. Any capital gains or losses arising on the assets form part of the fund. ||**At 1**|**Incoming**|**Resources**|**Transfers**|**Gains and**|**At 31 August**| |---|---|---|---|---|---|---| ||**September**|**resources**|**expended**||**losses**|**2025**| ||**2024**|||||| ||**£**|**£**|**£**|**£**|**£**|**£**| |**Permanent endowments**||||||| ||51,976|1,097|(169)|(928)|96|52,072| |**Previous year:**|**At 1**|**Incoming**|**Resources**|**Transfers**|**Gains and**|**At 31 August**| ||**September**|**resources**|**expended**||**losses**|**2024**| ||**2023**|||||| ||**£**|**£**|**£**|**£**|**£**|**£**| |**Permanent endowments**||||||| ||48,244|1,457|(138)|(1,320)|3,732|51,976| - 16 - ## **ROTHERHAM AND DEARNE VALLEY METHODIST CIRCUIT** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2025**_ ## **20 Endowment funds** **(Continued)** The Ward Legacy is the only endowment trust fund and was set up to benefit a number of churches and circuits in the Sheffield District. Due to restrictions in the legacy only interest can be drawn from the fund each year. ## **21 Unrestricted funds** The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. |**At 1**
**September**
**2024**
**Incoming**
**resources**
**Resources**
**expended**
**£**
**£**
**£**
General funds
1,009,566
273,538
(320,393)
**Previous year:**
**At 1**
**September**
**2023**
**Incoming**
**resources**
**Resources**
**expended**
**£**
**£**
**£**
General funds
991,250
267,696
(325,700)
**Analysis of net assets between funds**
**Unrestricted**
**fund**
**TMCP**
**unrestricted**
**fund**
**Endowment**
**funds**
**2025**
**2025**
**2025**
**£**
**£**
**£**
Fund balances at 31 August 2025
are represented by:
Tangible assets
438,975
-
-
Investments
-
-
52,072
Current assets/(liabilities)
586,664
523,761
-
1,025,639
523,761
52,072|**Transfers At 31 August**
**2025**
**£**
**£**
62,928
1,025,639
**Transfers At 31 August**
**2024**
**£**
**£**
76,320
1,009,566
**Total**
**Total**
**2025**
**2024**
**£**
**£**
438,975
438,975
52,072
51,976
1,110,425
1,173,604
1,601,472
1,664,555| |---|---| ||| ## **22 Analysis of net assets between funds** ## **23 Related party transactions** During the year there has been related party transactions between the Circuit and D Ryan who is a Trustee. The transactions total £2,000 and relate to bookkeeping work (2024: £2,000). - 17 - **Rotherham and Dearne Valley Methodist Circuit 25/17** **Please note the Auditor’s report is included in the** **accounts document which is attached.** **Anne Holmes Trustee**