Circuit Accruals Accounts 2023-2024 THE METHODIST CHURCH REPORT AND ACCOUNTS (ACCRUALS BASIS) for the year ended 31 August 2024 Birmingham Methodist Circuit Reg18terod Charlty - Registratlon number 1132926 Birmingham District 05101 Minister8 Rev Cleopas Sibanda, Rev Far81 Mapamula, Rev Mind¥ Bell, Rev Pins TinA Chen, Rev Molly.Chitokwindo, Rev Caroline SCaz).HaAue, Rev Deborah Humehrie$,Rev Nicholas Jones Rev Alison Richards, Rev Sue Shortman, Rev Karen Webber Circult Stewards Mari0ri8 Roper Remi OlatunbosUn.(ProPertI.----------------------- Clrcuit Treasurer Andrew Morris
Birmingham Methodlst Clrcult TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 AU6UST2024 Introductii)n Welcome to the Annual Report of the Blrmlngham Methodist Circuit. The Cirtuit conslsts of 30 Methodlst and Local Ecumenical Partnership churches In the City of Birmingham and surroundlng area, served by a team of ordained and lay staff. Vl$lon Statement and Priorltles Birmin8ham Methodist Circuit aspires to be a welcomlng Chrlstian family with inspiring worship, radical compasslon and social justice at Its heart. In this way and followlng In our Methodist tradition, we aim to share In the transformation of life made possible through God's love. As members of the Birmingham Methodist Clrcult, we have agreed the following five priorltles for the meanlngful sharing of our God glven resources: Transformlng Llfe- We alm to Ilve In suth a way as to brlng about posltlve change in our own lives and the Ilves of others, to share God's love and to learn and grow as followers of Jesus both individually and In communlty. Insplrln8 Wcffshlp- We aim to offer worship across the Circult which glorifles G¢xI, Is Invltlng to all, enriches faith and Insplres us to respond. Radlcal Compjssion - We alm to develop and practlce a radlcal compasslon whlch Is welcomln& Inclusive, safe and empowerlng. Soclal Justlce We alm to speak out and take actlon a8alnst Injustice in all Its forms. A Methodlst Perspertlve - Worklng together wlth our ecumenical partners and many others, we alm to uphold the values and prlnclples which arlse from our Methodlst herlta8e. Including belng sustalnable, ethlcal, collaboratlve and ¢onne¢ted to Methodlsts across our nations and around the world. Full Name of Charltv.. Blrmln8ham Methodlst Clrcult Reglstratlon Charity Number,. 1132926 Date of reglstratlon., 23 November 2009 Maln communlcatlon addres5: Blrmlngham Methodlst Clrcult (Circult l)fflcel, Selly oak Methodist Church, Langleys Road, Selly Oak, Blrmlngham, B29 6HT The members of the Birmln8ham Methodist Circult Meetlng are the Charlty Trustees, membershlp belng made up of circuit office holder5, mlnlsters and representatlves appointed by the local churches. Full membershlpls shown as Appendlx A to thls report. Clrcult Mlnlst•rs and offlcers Actlve Clrcult Mlnlsters: Rev A1150n Richards, Rev Faral Mapamula, Rev Cleopa5 Slbanda Rev Mlndy Bell, Rev Plng Tlng Chen, Rev Molly Chltokwlndo, Rev CarollnelCa21 Hague, Rev Deborah Humphrles, Rev Nlck lones, Rev Sue Shortman, Rev Karen Webber Clrcult Lay Workers.. Ms Arul Israel, Mrs Emilne Mlt¢hell, Mr lan Nannestsd, Mrs Dlane Webb Circult Stewards: Mrs Marjorie Roper. Mr Remi Olatunbosun IPropertyl Admlnlstrators: Mr5 Amanda Harrls, Mrs Narinderjit Kaur, Mrs Salome Noah, Mrs Sue Saunderson, Mrs Jayne Snape, Mr Reuben Wllllam5, Ms Mima Yedale Clrcuit Trea5urer'. Andrew Morrls Iclrcuit Trea5urerl acted as the prlnclpal offlcer overseeSn8 the day to day financial management and accounting for the Circuit during the year. Auditor.. Wallace Crooke, Chartered Accountants & Registered Audltor5. Wallace House, 20 Birmingham Road, Walsall, WSI 2LT Investment Bankers: Central Finance Board of the Methodist Church Trustees for Methodist Church Purposes CAF Bank Ltd Clrcult Property All Clrcuit property is held in the name of The Trustees for Methodist Church Purposes ITMCPI. Page 2
Birmingham Methodlsi Clr¢ult TRU5TEES' ANNVAL REPOATlcontlnuedl Revlew of thè yezr The C6rcuit has been In existence for thlrteen years. Faced wlth the dlfflcuy of achieving a balanced budget, the declsion was taken to use resefves to make up the shortf>ll. In¢aSing costs and declining income have led to a shortfall for the year to 31 August 2024 in the 8eneral fund of £327,617, excludlng capltal transactlons. There was an overall surplus on unrestrirted funds of £212.491. However excludlng capltal transactlons. the overall shortfall is E425,955. Faced wlth the reduction in avallable presbyters and a financlal deflclt, the Urcuit 8rouped its resourcès ol churches, lay and ordained staff, lay preachers and supemumerary ministers into five Mission and MintstryTeams, to provlde more focussed mlsslon. The teèms were effectfve from I September 2019 but the Ciwld-19 pandemlc ha5 rneantthey are still not fully embedded In the Ilfe of the Clreult. From I Septernber 2021 there was a reduction to four mS1On and Mln15tryTÈarAs. Many churches have seen 3 reduttion In their Income, and have had to use reserve5 to pay their as5e55ment and other costs. In contrast, the Clrcult has seen a reductlon in some of Sts costs. a5 some meetSngs are now held on Zoorn and 5tsff numbers have reduced. In¢ome trends Clrcult Income Is prlmarlly drawn from the assessment pald bythe arCU churche5. Some churches were unable to Increase thelr assessment payrnents In 2023124. Rental Sncome Is derived from the rental of three manses whlch are surplus to current needs. Expendliur4 tr•nds Stlpends and 5alarles have Increased each flnanc131 year In Ilne wlth conference approved increases, and to paythe Llvlng Wage. 17% of Gener31 Fund expendSture Is the Clrcult contrlbutlon to the Dlstrlct and Connemlon, of whlch 89% Is used to fund the work of the wlder Methodlst Church. Thls contrlbutlon Increased by 7% from the prevlous year. The other expendltuie Include5 sub5tantlal amount5 Incurred on malntalnlng the Clrcult manses to an approprlate standard. Plans for2014125 Clrcult Iinanclal plans for the current year have been prepared on the basls that there are 10 orda1ned staff, wlth antlclpated cost of IIng stlpend Increases and a small Increase In thÈ assessment pald to the Dlstrtct. Overall the total amount offered 35 assessment by the churches Is sllghtly lower than lor 2023124. Pl•nsfor 2025126 Clrcult financSal plans for 2025126 have been prepared on th• basls that there wlll be 11 ordalned st?ff, wlth antlclpated cost of Ilvln8 $tlpend Increases and no chan8e In the assessment pald to the Dlstrl£t. At the tlrne ol wrltln& It appears unlikelythat Clrcult Income from the chuiches wlll rèrnaln at the 2024125 levels as membershlp contlnue5 to reduce and at least one church rnay have ceased to meet. Clrcult reserves have been boosted by Sales of surplus propertles and so Itls consldered that the CSrcult rernaln5 a 8olnB concern Ilnanclally desplte antlclpated reductlons In our Income. Alms ind organlsatlon Charlty oblectlve15 to act as a Resource provlder wlthln the 3re3 around Blrmln8ham for the Methodlst Church., The purpose5 01 the Methodlst Church are ènd shall be deemed to have been slnce the Date ol Unlon the advancement of.. al The Chrlstlan falth In accordance wlth the doctrtnal standards and dlsclpllne ol The Methodlst Church; bl Any charltable purpose fgr the tlme beln8 of any Connexlonal, Olstrl¢L Clrcult, local or other or8an15atlon of The Methodlst Church., cl Any charltable purpose for the tlmt beln8 01 any 50clety or Institutlon subsldlary or anclllary to The Methodbt Church,. dl Any purpose for the tlme beln8 01 any charlty bélTh$ a ¢h?rlty subsldlary or anclllary to The Methodlst Church The or8anlsatlon and resourclng Of rè8ular publlc acts of worshlp open to members of the church and non members allke. Thè teachlng of Chr15tlanlty through Sermons. courses and small 8roups. The resourclng of pastoral work Including vI51tln8 the 51ck and bereaved. Takln8 rell8lou5 a55emblles In local schog15. Prornotlon of Chrlstlanlty through the sta8ln8 of events and setvlces. Provlslon of chaplalncy sefvl¢es to the local unlverslty and her In5tltutlons. Publk Btneflt We confirm the trustees have had re8ard to the Charlty Commlsslon's guldance on publlt benefit. Structure. Governin¢e Ind Man48emeTri The governlng document for the circuit Is the t)eed ol Unlon119321 and Methodlst Church Act119761 Detalled 8overnance arran8ements are outlined wlthln the Constltutlonal Prattice and Dlsclpllne of the Methodlst Church by order of the annual Conference ICPOI. Day to day manaBement of thÈ clrtult Is undErtaken bythe Clrcutt LeadershlpTÈarn along wlth the Local Preacher5 Meetln8, the Clrcult Flnance Comrnlttee. the Clrcult Property Commlttoe and the ClrcuY( HR Group. Volunt*eYs The Circult 15 Indebted to the manyvolunteers whhout whom It could not functSon. Lay Preacher5 tor4durt many ol the Sunday services, afid volunteers play protninent role5 in the steward5hlp of Clrcult flnance5 and property. and serve as Trustees, members of the Circuit Leadershlp Team, and on many other cornmlttees and workin8 8roups. Trustee Tralnln8 A ran8e of guidance produced by Methodist Connexion to 5UPPOrtthe effectlve runnlng of the Clr¢vlL speclflcally the leaflet'The Role of a Trustee in The Methodlst Church. Is avallable to all new CIrcU Assembly members as inductlon to thelr role as trustee5. Page 3
Birmingham Methodist Circuit TRUSTEES, ANNUAL REPORT (continued) Related Parties The Circuit is part of the Birmingham District and is also accountable to the Methodist Conference. The following Methodist and Local Ecumenical Project Churches are linked to the Circuit: Acocks Green, Beacon, Cambridge Road, Castle Bromwich, The Church at Carrs Lane, Chinese Church, Cotteridge, Dorridge, Earlswood, Great Barr, Hall Green United Community Church, Hawkesley, Hazelwell, Longbridge, Lozells, Lyndon, Nether Whitacre, Northfield, Perry Barr, Perry Hall, Saltley, Selly Oak, Shirley, Solihull, South Yardley, St Andrews Chelmsley Wood, St Andrews Stirchley, St Michael's Hall Green, Trinity Monkspath, Water Orton. Rlsk Management The major risks have been identified and recorded by the Circuit Finance Committee and Leadership Team with professional advice taken as required. There is a regular annual revlew process undertaken and recorded. Income and Expendlture is being monitored in total and is compared with the approved annual budget on a regular basis to detect trends as part of the rlsk management process to avoid unforeseen calls on reserves. Safeguardlng Every person has a value and dignity which comes directly from the creation of male and female in God's own image and likeness. Christians see this potential as fulfilled by God's re-creation of us in Christ. Among other things this implies a duty to value all people as bearing the image of God and therefore to protect them from harm. Methodist Connexional practice outlines commitment to the following principles: the care and nurture of, and respectful pastoral ministry with, all children, young people and adults. the safeguarding and protection of all children, young people and adults when they are vulnerable. the establishing of safe, caring cornmunities which provide a loving environment where there Is informed vigilance as to the dangers of abuse. • We will carefully select and train all those with any responsibility within the Church, in line with Safer Recruitment principles, including the use of crimlnal records disclosures and re8iStratlon wlth the relevant vetting and barring schemes. • We wlll respond wlthout delay to every complaint made which suggests that an adult, child or young person may have been harmed, cooperating with the police and local authority In any Investigation. • We will seek to work with anyone who has suffered abuse, developing with them an appropriate ministry of informed pastoral care. We will seek to challenge any abuse of power, especially by anyone in a position of trust. We will seek to offer pastoral care and support, including supervision and referral to the proper authorities, to any member of our church community known to have offended against a child, young person or vulnerable adult. In all these principles we will follow legislation, guidance and reco8ni5ed good practice. The Birmingham Circuit commits itself to ensuring the implementation of Connexional Safeguarding Policy; government legislation, guidance and safe practice in the Circuit and in the churche5. The Birmingham Circuit commits itself to the provision of support, advice and training for lay and ordained people that will ensure people are clear and confident about their roles and responsibilities in safeguarding and promoting the welfare of children and adult5 who may be vulnerable. Page 4
Blrmingham Methodist Circuit TRUSTEES, ANNUAL REPORT {tontinuedl Clrcuit Projects The Circuit Project at St Francis Community Centre, Woodgate Valley came to an end in July 2023. The Circuit continues to support the Project at Lozells Church and Community Centre. In 2023124 The Circuit spent £nil on the running costs of the Woodgate Valley Project 12022123 £25,638) and £48,427 on the running costs of the Lozells project {2022123 £19,037). The Circuit also gave £5 each to Holly Hill School and Hawkesley School. both MethodistlAn8lican schools. Reserves Pollcy The Reserves Policy for the Circult is to hold a minimum sum equivalent to four months. average expenditure. This should be sufficient to meet any unforeseen item of major expenditure on manses andlor to be able to continue, in the short term, funding planned activitie5 in the event of any inability to raise the full Circuit Asse55ment from churches. Further reserves are held to meet anticipated future shortfalls of income compared to expenditure. The total funds held at 31 Au8USt 2024 are £6,631,709, of which £9,728 are restricted and £221,689 are designated. A detailed analysis of the funds Is set out In Note 18 on page 15. Fixed Assets £4,603,066 - unrestricted funds. The balance of funds held after allowin8 for restricted funds, designated funds, commitments or the carrying amount of functional assets which the Circuit considers to represent a commitment of the reserves held, is £1,848,519 as at 31 Au8USt 2024, 8ivlng approximately 18 months cover for expenditure. This is considered sufficient. Trustees, responslbllltles statement The trustees are responsible for preparin8 the Trustees, Annual Report and the financial statements In accordance wlth applicable law and United Kingdom Accounting Standards Iunlted Kingdom Generally Accepted Accountlng Practlce). The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each flnancial year which give a true and fair view of the state of affairs of the charlty and of the incomlng resources and applicatlon of resources of the charity for that period. In preparing these financial statements, the trustees are required to.. select suitable accounting policies and then apply them consistentlv. observe the methods and principles In the Charltles SORP 2019 {FRS1021,' make Jud8ements and estimates that are reasonable and prudent. state whether appllcable accounting standards have been followed, subject to any material departures disclosed and explained in the flnancial Statements; prepare the financial statement5 on the going concern basis unless it Is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping proper accounting records that disclose wlth reasonable accuracy at any tlme the financial position of the charity and enable them to ensure that the financial statements comply wlth the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charlty and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Page S
Blrrnln8ham Methodl$tOrcuh Number 05101 StatemeThtof Flnanclal Acllvltles SOFA forthe èreded 31 Au U5t2014 Toi•l 2023- Total Don8tlons and le ades 245 245 L796 5L948 In£ome from monetd Investments 16.136 72.765 2636 451 91.988 Income hom Investment PrDpertles Assessments on Churthe5 696,336 671,394 63.306 114,165 I,S61,582 696,336 1.437.740 685,761 1655.782 49,264 184,102 1628.653 766,346 Grant5 Retelved Othei CharStable Income 114,165 Totsi Ihcome 2,636 451 ehdityie 655,796 23,(N)7 178 629 61,644 655,796 D15trltt Assessment Method15t Church Fund Iconnexlon Admlnis¢ratlun. tele hone &travel 178,629 66.439 40.536 247 174 164 007 45,679 4,656 139 Malntenjnce of Manses Other Ex endlture Clrtult 247,174 20.25J ro ert io 13 1,076 38.099 De Provlslon5 Other E endlture Gran15 and Donatlon5 Contrlbutlons to D15trirt Advance Fund li 260,337 512.777 32.948 113 767 2,100 795 214 2 713 493 12 12.000 875 22.432 43,798 113,767 Totsl Ch•th•bl• •ndltur• 1.SIIA74 664,148 12mO 875 191712 3 825 753 Nrt lTh¢om ndltur41 Translers between funds 50,208 174,963 -12000 479 424 212.068 .1197.1 270.855 -230.855 40,000 321.Q63 .12 40.679 .424 212,068 -1,197.114J Other nlsed Ins Galnsl losse5 pn Monetar Investments Galnsl losses on Investment assets N•tmovementlThlunds SIL065 -55,892 -40,679 424 .L197 IIJO ReconellSatla of funds: Total funds brou ht forwérd 4,658.227 4.979,290 1.476.895 1421003 180,672 168.672 93,696 S31? 6 419,642 7,616 742 Total fvnds E•ryl•d forw•rd 9,728 6.631.710 6,419,642 Forlnformatlon only Money recelved and passed vThto Exteinèl Orianlsatlons 8alance brou8ht forward from last year Offedn8slGlfts- recelved for External Or84nisations ONeringslGifts- passed to Extern81 0r6én15ations BIIan iarried forward 223 223 Pège 6
WrffllTrBh•m Methodlst cIrlt 8AlnceShe¢t•$•t31 $t2024 Totsis2024 Tal$l02) FIKedAssts Noles 4,fi13.066 4,6D3,066 4.182.671 Equipment Inyeytrnentpropertyds IhvEStments Totolflxtd¢75sets 4.603.066 4.603.066 4,182,671 Cuwmnt Asstts Oebtors Tru5tes forMtthiAstChurth Purposes DeOts Central FInare eoard DI Cash at Bank and In hand 15 74.717 16.000 90.717 160,186 168,672 5129J L682,363 418,467 46.176 $39.360 8,852 876 417.319 49A52 2,192,855 320.601 248,647 7.411.797 2,800 54,093 Tot•lurnt+JU•t 1,421,002 168.672 9,728 Cutrtnt Ubblllile5 Credtar$ and Attru•l) (due In under l yrl 16 163.136 1.07 164,212 174,826 T¢iolCwrentUoblltles lfjJ,136 1,076 164.211 174,826 Nttcurrtot •sJetsniioblNtles1 Totoloms lesswrr¢nrllobllltles 376,224 I.421.2 168.672 53,017 9.728 2.028,643 2,2a6,971 18 4.979.290 1.421,002 168,672 53,017 9.728 6,631.7LNJ 6.419.642 lonitwm IIDbllltlEildu• •ft•r mov• th•h Ly•irl N¢iossei 4,979,190 I,d21,002 168.672 5),017 9,728 6.631.709 6.419,642 Fundsofth•CIKull 19 19 4,979,290 4975 290 1,421,003 4 658,217 1476 895 Model Trust Fund Vnreit¢lctedl Mod2lTrust Fund Ioeslinittd & 19 180 671 nated lundi Restrictedfundi 19 53.017 53,017 9,728 6,631,710 93,696 10.152 6,419,642 9.728 9,728 TvtslFunds 4,979,2 1,421,002 168.672 53,017 The flMnc141 slltementsw•r• apwo¥*d •nd•uth¢rtsBd for155UE bythe arcuit Ma•tlni•n 12 M•rth 2025. Slin•don b•h4llalthe Clrcult Meetlni Andrew rcult Trqa¥ur•r Paqe 7
Blrmlngham Methodlst Circult Clrcult No: 511 Cash flow statement for the year ended 31 August 2024 2024 2023 Statement of tash flows Cash from operating actlvltles Net cash used in operating activities 601,329 -767,603 Cash flows from Investing activltles Dividends,interest and rents from invesknents Proceeds from the sale of property,plant and equipment Purchase of property.plant and equipment 91,988 51,948 654.265 1,048,700 403,266 Net cash provlded by Investlng actlvltles 1,149.519 1,100,648 Cash flows from flnanclng a¢tlvltles Net cash used In flnanclng a¢tlvltles Change In cash and cash equlvalents in the reportlng perlod Cash and cash equivalents at the beginning of the reporting period Cash and cash equlvalents at the end of the reportlng perlod -149.473 333,045 2,251.611 1.918,566 2,102,138 2,251,611 2024 2023 Recon¢lliatlon of net income to net cash flow from operatln8 actlvltles Net income lor the reporting period l as per slalemenl of financial aclivilies} Adjustments for: L0s81lProfill on the sale of fixed assets A88el transferred lo Bimingham District Gain8 on inveslmenlg Dividends, interest and rentg from investments lincreaselldecrease in debtors incr8asel{decreasel in Creditors Net cash used In operatln8 actlvltles 212,068 -1,197,100 422,394 -94,986 452,922 -91,988 -51,948 69,469 149,027 -10,614 -25,518 601.329 -767,603 2024 2023 Analysls of cash and cash equlvalent C88h in hand Short temi deposit Ile8S than 3 months) Total cash and cash equlvalents 477,171 569,248 1.624,967 1,682,363 2,102,138 2,251,611 Page 8
Blrmlngham Methodlst Clrcult Notes to the Accounts l. Basls of Preparatlon Birmingham Methodlst Clrtuit is a Charity registered in England. The address of the reglstered office Is glven in the charitv Information on page 2 of these financlal statements. The nature of the charity's operatlons and prlnclp31 actlvltles can be found within the Trustees, Annual Report located on pages 2 to 5. The charity constitutes a public benefit entity as deflned by FRS 102. The financial ststements have been prepared in accordance with Accounting and Reporting by Charities- Statement of Recommended Practice applicable to charities preparlng their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable In the UK and Republlc of Ireland IFR51021, the Charities Act 2011, and UK Generally Accepted Accountlng Practlce. The financlal statements are prepared on a golng concern basi5 under the hlstorical cost convention. modlfled to include certoln items at falr value. The flnancial statements are presented In sterllng which is the functlonal currency of the charlty and rounded to the nearest £. The 51gnlflcant accounting pollcles applled In the preparation of these flnanclal statements are set out below. These pollcles have been conslstently applled to all years presented unless otherwI5e stated. 2. Funds The funds held constltute.. General Funds held for any purpose of the Clrcuit which are unrestrlcted. The Clrcult Model Trust Fund has wide purposes defined in Standlng Orders and Is categorlsed as unrestrlcted, but part of the fund has ljeen deslgnated for specific purposes andls shown separately. Deslgnated Funds whlch are unrestrlcted but set aslde for speclflc purposes. Restrlrted Funds which are held for a narrower purpose . Details of each materlal fund are dlsclosed In Note 18 to these accounts. Any funds may be represented by more than lust cash. 3. A¢untIng pollcles Income Re¢ognltlon Income Is included in the Statement of Flnancial Actlvltles ISOFAI when the Clrcult be¢ome5 entltled to the resources, and the Trustee5 are reasonably certaln they wlll recelve the resources,. and the monetary value can be measured with sufflclent rellablllty. Resources Expended Th55 is recognised when a Ilablllty Is Incurred, or a constructlve obllgatlon arlses, that results In the payment belng unavoidable. Llabllltles are recognlsed as soon a5 an outflow of economlc benefit Is consldered more Ilkely than not under the legal or constructive obligation commlttlng the Clrcult to pay out resource5. Grant$ Grants made by the Clrcult from Its own fijnds are recognlsed In full at the time of agreement or when the Clrcult accepts that there Is a legal or operatlonal obllgatlon to make the payment. When the grant Is recurrent over more than one year the balance payable In future years Is treated as a provision for future commltments In the Balance Sheet agalnst the approprlate fund, the provlsion being released In future years as instalments are paid in a¢¢ordan¢e with the originally agreed terms. VAT Slnce the Clrcult15 not VAT registered. all Input VAT is charged wlth the expenses to which It refer5. Revaluation of functlonal property assets The Circult carries its functional property assets at deemed cost, wlth any impalrment belng recognlsed In the Statement of Flnanclal Activities. The Clrcult has used Insurance value as at I September 2015 a5 Its independent valuation at the date of transltlon. Sorne of the key assumptions used to determlne the deemed cost of the a55ets are based on the valuer's knowledge and experlence of the market and values of sSmllar propertles, whlch could be deemed Subjective. Tanglble fixed assets for use by the Clrcuft The manses are shown In the accounts at 2015 deemed values or subsequent tost. No depreciation 15 provided on these assets because the Trustees consider the current residual fair value5 to be not less than their current value. Any depreciatlon would not be material. The assets have been revlewed for Impairment. Tangible fixed assets are capitalised if they can be used for more than one year. and individually tost at least £l.000. Investment Propertles Investment propertles for whlch falr value can be measured reliably without undue cost or effort are measured at fair value at each reporting date wlth changes In falr value recognised in 'net gain511105se51 on investments, in the SOFA. The Clrcult does not hold any investment properties. Debtors and Creditor5 Debtors and creditors with no stated interest rate and receivable or payable wSthln one year are recorded at transaction price. Any losses arlslng from impairment are recognised in expenditure. Page 9
Bimiingham M8thodi$t Circuit Notes to the Accounts {contlnuedl Unrestrlctsd arcult Medel Desl8nated Trust Fund {Uniestrictedl Restrlrted 2024 Totsl 2023 Total 4. 1)onations and legacies Donations Legacies Totsl 245 245 1,796 245 245 1.796 Unrestrfrted Clr¢ult Model Desl8nated Trust Fund Iunrestrlctedl Restrlcled 2024 Tolal 2023 Total 5. Other charltable lTrcome Payroll recharges Benevolent Fund Sundry income Transfer from closed Churches Inner Clty Fund Clty Centre Fund recharges Manse Rentsl Total 51,517 51,517 86.459 2,395 591 15,876 5,660 42,152 30,969 184,102 924 13,521 924 13,521 48,203 114,165 48.203 114,165 6. Payment toTrustees Payments made to trustees for addltlonal servlces provlded to the Clrcult bv agreement wlth the Circult Meetln8 2024 2023 Number of trustees who were paid expense5 Nature of the ex enses.. Travel Expenses, Posta8e & Printlngi Caterlng Total amount pald 698 681 7. Fèes for *udlt ol th• accounts 2024 2023 Independent auditors, fees for portIng on the accounts 4,596 4,600 Page 10
Blrmlngham Mèthodlst arcult Notes to the Ac¢ounts {contlnuedl 8. Pald employees 2024 2023 Staff Costs pald durlnz the year were: Gross wages, salarles and benèfits in kind Employer's National Insurance costs Pension costs Apprenticeshlp Levy Total staff costs 518,098 44,914 90,081 2,703 655,796 552,283 46,569 96,623 2,816 698.291 AveraBe number of staff employed durlnB the year were: 22 25 There are no employees who recelved total emoluments (excludin8 employer pension costs) of more than £60,0001É70.c¥JJI. 2024 2023 The Circuit contributes to two pension schemes.. Methodlst Minlsters. Pension Stheme (defined benefltl Lay Employees, Penslon Scheme Idelined contribution) 78.246 11.835 90.081 83,181 13.442 96,623 Methodlst Mlnlsters. Penslon Scheme Most ordained presbyters and deacons are member5 of the Methodlst Mlnlsters, Pension Scheme I'MMPS"). Thls Is a deflned benefit penslon scheme. The Supreme Court held in 2014 that the Methodlst ministers Iwhlch term Includes pre5byter5 and deacons) are not employees of the church. For slmpllclly, however. when dealin8 wlth National Insurance Contrlbutlon5 and penslon contrlbutions. the terms 'employe¢ and 'employee' are used as they would be In an employSn8 bodv. The Connexlon accounts for the MMPS and show5 the fl8ures In the annual Method15t Church In Great 8rltaln accounts. The MMPS Is In deficSt but a plan for removal of the deficlt has been proposed and Is beln8 Implemented, Details of the deficit on thls Scheme can be found In the Annual Report and Accounts of The Methodist Church at www.methodlst.org.uk Methodlst Conference 2021 asked Dlstricts, Clrcuots and churche5 to conslder making voluntary donatlon5 of 15% of thelr free reserves to a Pen5Ion Reserve Fund to cover future deficlt5 In the MMPS. 81rmln8ham Circuit took the dec151on not to contrlbute to th15 Fund on a voluntary basls. It has now been determlned that the voluntary contrlbutlons whlch were made are no longer requlred, and they have been returned to the donors wSth Snterest. £5,170 was prepaid in SpeCt of the Mlnlster's Penslon Scheme at 31 August 20241£6,872 at 31 Au8USt 20231. Lay Employees, Penslon S¢heme There Is an employer debt on wlthdrawal from thls scheme whlch was estlmated at £20,217 at 30 September 2020. 9. Leaslni Commltments Commltt•d to be p•ld: 02Y Explrln8 Wlthln l Year Between 2 & 5 Years After 5 Years 955 478 955 1,433 1,433 2,388 Durln8 the year £1,01712023: £2,009) was expensed through the SOFA In relatlon to operatln8 leases. 2022123 included costs of termlnatin8 the lease at Carr5 Lane. Pa8ell
Birmlngham Methodist Circuit Notes to the Accounts (continued) 10. Other Expenditure on Clrcult property 2024 2023 Quinquennial Inspections (Property and Electricall Management and other fees 13,800 6,451 20,251 7,913 8,439 16,352 Lozells Methodist Church - Inner City Fund - Model Trust Fund Lozells Methodist Church - Inner City Fund Villa Road Legal Costs - Inner City Fund Perry Barr Methodist Church - Inner City Fund- Model trust Fund 3,845 3,192 1,076 14,710 38,099 21,327 11. Other Expendlture 2024 2023 Chlldren and Youth Subscrlptlons {CIG8, BCT, Citizens) Trainin8 Audit Fee Woodgate Valley Philippians Fund Meetin8 Expenses Consultancy Miscellaneous 7,730 8,313 -250 4,598 4,001 8,871 4,510 4,600 2,880 281 1,373 4,504 1,147 2,100 728 28,868 475 26,991 Connexional ICPFI Levies on Sold Propertles Capital Payment for Manses Clty Centre Fund 110,731 655,615 512,097 1,501,622 672,783 795,214 2,713,493 12. Grants & Donations 2024 2023 Holly Hill School Hawkesley School 2,000 2,000 4,000 5,359 12,000 875 2,000 2,000 4,000 1.282 12,000 Perry Hall Replacement Windows (2023 Car Park ) Lozells Staffing costs Setting up Holly Hill Church Coleshill Outreach Worker Roof replacement- Water Orton Benevolent Fund Grant for Roller Shutter- Hall Green Grant for HeaderlPipework- Hall Green 1,950 25,000 3,200 564 2,024 49,823 Page 12
Blrmln8ham Methodlst Clrcult Notes to the Accounts Icontlnuedl IS. Analysls of debtors 2024 2023 Accrued income linclude5 outstanding assessment paymènts) 26,151 91,789 Other debtors 40,850 44,397 Loans 23.716 24.000 Total Debtors 90.717 160.186 Analysls of Loans Duè wlthln one year 8,01)) 8.000 Due within two t¢ ffve years 15,716 16,OQ) Due afterllve years 23,716 16. Anofysls of ¢urr*nt Ib•bllltl•s •nd long term ¢r•dlwrs Prepaid Assessments 133,097 133,837 Other Credltors 31,115 40,989 Total Current Llablllila8 164,212 174,826 17. C4pltal Commllments and Contlnlent Llabllltl At 31 Au8USt 2024 capital commitments amounted to.. At 31 Au8USt 2024 contln8ent Ilabllltles amounted to.. 18 An•lys1s of NetA5sets b•tw••n funds Totsls 2024 Totsls 2023 Fl¥ed assets Current a55ets Current Ilabllltles 4,603,066 539,360 -163,136 4.979.Z90 4,603,066 2,192,855 -164,212 6.631.709 4.182,671 2,411,797 -174,826 6.419.642 1,421,002 168,672 54,093 -1,076 53.017 9,728 IA21.002 168.672 9.728 Page 14
111 Hu 11111 uiiiiiu 111 111 111
C t o ? 111111 •* 7J
Birmingham Methodist Circuit DECLARATIONS Treasurer I tonfirm that these accrual based accounts for the year ended 31 August 2024 have been prepared from the records of the Circuit and that they include all funds under the control of the Circuit Meetlng. Signature of Treasurer Date Name of Treasurer Andrew Morris Address 11 Rodman Close, Edgbaston, Birmingham, B15 3PE Presentatlon to the Clrcult Meetln8 for approval. I confirm that the annual report and accounts for the year ended 31 Au8USt 2024 were presented to the Clrcuit Meetin8 at its meetin8 on and were approved. Signature of the Chair of the meetin8 Name of the Chalr of the meeting Rev Faral Mapamula Date 22 Page 17
REPORT OF THE INDEPENDENT AUDITORS TO THE TRusfEES OF BIRMINGHAM METHODIST CIRCUIT Opinlon We have audited the financial statements of Birmingham Methodist Circuit (the 'charity'l for the year ended 31 August 2024 on pages SIX to sixteen. which comprise of the statement of finanical activities, the balance sheet, cash flow statement and the notes to the financlal statements, including a summary of significant accounting policies. The flnancial reporting framework that has been applied in their preparatlon is applicable law and United Kin8dom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reportin8 Standard applicable in the UK and Republic of Ireland, Iunited Kingdom Generally Accepted Accounting Pratticel. In our opinion the financial statements: give a true and fair view of the state of the charity's affairs as at 31 August 2023 and of its incoming resources and application of resources for the year ended,. have been properly preapred in accordance with United Kingdom Generally Accepted Accountlng Practice. and have been prepared in accordance with the Charities Act 2011. Basls for oplnlon We conducted our audit in accordance with International Standards on Auditin8 IUKI IISAS IUKII and applicable law. Our responsibilities under those standards are further described in the Auditors, responsibilities for the audit of the 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 statement5 in the UK, including the FRC'5 Ethical Stondard, and we have fulfilled our other ethlcal responsibilities in accordance with these requirements. We believe that the audlt evldence we have obtained is sufficient and appropriate to provide a basis for our opinion. Concluslons relatlnB to golng concern We have nothing to report in respect of the following matters In relation to which the ISA5 IUKI require u5 to report to you where.. the trustees, use of the 8oin8 concern basis of accounting In the preparation of the financial statements is not appropriate. or the trustees have not disclosed in the financial 5tatement5 any identified materlal uncertainties that may cast signlficant doubt about the charity's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the f inancial statements are authorised for issue, Other Informatlon The trustees are responsible for the other Informatlon. The other Informatlon comprlses the Informatlon In the Trustees, Annual Report, but does not Include the financlal statements and our Report of the Audltors 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 connertion with our audit of the financial statements, our responsibility is to read the other information and. in doing 50, consider whether the other informatlon is materially inconsistent with the financial 5taternent5 Qr 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 mi55tatement of thi5 Other information, we are required to report that fact. We have nothlng to report in this regard. Page 18
REPORTOF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF BIRMINGHAM MEfHODIST CIRCUIT (continued) Matters on whith we are required to report by exceptlon We have nothing to report in respect of the following matters in relation to which the Charities {Accounts and Reports} Regulatlons 2CNJ8 requires us to report to you if, in our opinion: the information given in the Trustees, Annual Report is intonsistent in any material respect with the financial statements,. or Sufficient and proper accounting records have not been kept,. or the financial statements are not in agreement wlth the accounting records and returns,. or we have not received all the information and explanations we require for our audit. Responslbllltles of trustees As explained more fully in the trustees, responsibilities statement set on page 5, 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 materlal misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assesslng the charity's ability to contlnue as a 8oin8 concern, disclosing, as applicable, matters related to going concern and using the going concern basls of accounting unless the trustees either intend to liquidate the charlty or to cease operations, or have no realistic alternative but to do so. Auditorfs responslbllitles for the audlt of the flnanclal statements We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with regulations made under section 154 of that Act. 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 a Report of the Auditors that includes our opinion. Reasonable assurancels a hlgh level of assurance, but is not a guarantee that an audlt conducted in accordance with ISAS IUKI wlll always detect a material mlsstatement when It exlsts. Misstatements tan 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. The extent to whlch our procedures are capable of detectlng Irregularlties, Includln8 fraud, Is detalled below: Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line wlth our responsibilities, outlined above, to detect material misstatements in respect of irregularities including fraud. The objectives of our audit are to obtain sufficient appropriate audit evidence regarding compliance with laws and regulations that have a direct effect on the determination of material amounts and disclosures in the financlal statements, to perform audit procedures to help identlfy instances of non- compliance with other laws and regulations that may have a material effert on the financlal statements, and to respond appropriately to identified or suspected non-compliance with laws and regulations identified during the audlt. In relation to fraud. the objectives of our audit are to identify and assess the risk of material misstatement of the financial statements due to fraud, to obtain sufficient appropriate audit evidence regarding the assessed risks of material misstatement due to fraud through designing and implementing appropriate responses and to respond appropriately to fraud or suspected fraud identified during the audit. However, it is the primary responsibility of trustees, with the oversight of those charged with governance, to ensure that the entity's operations are ondutted in accordance with the provision5 Of laws and regulations and for the prevention and detection of fraud. Page 19
REPORTOF THE INDEPENDENT AUDITORSTOTHE TALISTEESOF PIRMINGHAM METHODISTCIRCVIT l¢ontlnu¢dl 8ased on our understandlng ofthe th•rty, we IdentSfied thatthe princlpal rtsks of non-cornpllènce WhlawS and regulatlons related tothe Chadtles Art 2011, and we considered the extertto which noncompl58n ml8ht have a matedal effett onthe financlèl stètements. We evaluated manaÉement's Incentbves and opportunStSes forfraudulent manipulètlon ofthe finandal StementS(sndudIn£ the rtsk of overrlde of controls), and determintdthatthe prSndpal rfsks were related tothe posting of Inapproprlatelournal entrles and rnanagement blès In key 8c£ountln8lud8ements and estlmates. In SdentSfylngand assess5n85ks of materlal mlsstatement In respect of Irregularles. Indudln8 frèud. the audlt en8a8ernent ieam.. - obtalned an understèndlng ofthe legèl and regulètorylramework that the charfty operates In and how the tharty Is tomplyln8 th the leg81 and regulatory framework.. - inqulrÈd managèment andtrustees, abouttheir own Identlfi'cation and assessmentoltht Sk5 tsf Irregularit1È5. intludin8any knt)wn actual. suspÈtted oralle8ed Instances of fraud.. - dlscussed matters about non-crThpllance wh lows and regula0Th£ and howfraud rnlght ottur Intludlng sses5ment of how and wherethe finoncial staternents may be $usceptlblÉ tofraud.. - revlewed mlnute$ of MetTrY olthe Board of Trustee5 to Identlfysl8nthcantorunu5ual trnn5•Ctlons and known or suspected Instgnces of fraud or non-compllance th laws and re8ulatlons - rleWed accountln8 estimates for blas And evaluatlniwhether clrcumstsnces produclnlanyblas, represent a rlsk of rnaterlal mlsstatement due to frèud,. and 8eciuse ofthe Inherent Ilm4t4tlons of an •udlt. there Is • risk th•t we 11 noi deteet all Irre8ularRies, Indudlns those ldn&t0 a materSal mlsstatement Sn the financial st4tement5 or n(TrcomplSance wth resulation. Thls rlsk Increases the moreth•t compllance %th a law N reiulatSon15 removed from the events and transact1$ refleaed In the financlql statements. Js we 11 be less Ilkely to become aware of in5t4nces of non-compllinct. The rlsk is also 8reater re8•rdSn8 Irrewlarltle5 occuirln6 due to fraud r4therthan error, as fraud Involve5 Intemlonal concealrnent, for8ery, colluslon, omlssion or mSsrepresentation. A further des(dptlon of wr responsbbl1heS for the audlt of the financlal statements Is loc*ed on the Flnènclal Reportln8Coundl's webslte at M.fr£.Or8.k1èudft0rsresponsstsSIItes. Th15 descrlptlon forms pqrtol our Report ofthe Independent Audltots. UlevfourPOrt Thls report Is m8de tothe ch•tY,5 trustees, os • bodyi In accordance th Part 4ofthe chOrleS IAccounts and Reports) Re8ulgtlons 2()8. Ourgud4twork hgs been undertaken sothat we ml8ht stateto the chgrbty'strustees those matters we are requlred to stiteto them In a Report of theAudltors and foy noother purpose. Tothe fullest extent pemited bylgw, we do not acceptor assume responslbllltyto anyone other than the ch8dty and the chgrfty's Lrustees as a body, for our •udft work, forthls report, orforthe oplnSons we he formed. Wèllace Crooke Chartered Accountants & Aeglstered Au Wallace House 20 81rmln8h8m Road W•lsèll West Mldllnds WSI 2LT tors Date.. IWI 0slioL Wallxe tsooke Is ellble for aPprtment as audltor of the chadty byvlrtue of Its ell8lblltyfor •ppolntmentas ludOr of a company under s¢rtlon 1212 ofihe CompanlesArt 20C6. Page 20
Appendix A Blrmlngham Methodlst Circuit CIRCUIT ASSEMBLY MEMBERSHIP PRESBYfERS Rev Farai Mapamula Rev Cleopas Sibanda Rev Quophie Anochie Ababio Rev Ping Ting Chen Rev Molly Chitokwindo Rev Caroline Hague Rev Karen Webber DEACON Angle Allport PROBATIONER PRESBYfER Julie Clark MINISTERS IN OTHER APPOINTMENTS Rev Mindy Bell CLERGY IN LEP'S SUPERNUMERARY MINISTERS Rev Alison Geary Rev Donald Sampson Rev Caroline Homan Rev Barbara Calvert L4YWORKERS Ermlne Mitchell Diane Webb Salome Noah CIRCUIT STEWARDS Marjorie Roper Remi Olatunbosun (Property) Sarah Tolley Richard Klrby Moses Dakunivosa Angel Chiu CIRCUITTREASURER Andrew Morrls Safeguarding Convenor Sue Ford Queens Foundation Rev Gary Hall CA Minute Taker Valerie Edden Clrcult Local Preachers & Worship Leaders Repre5entatlve5 Flona Beadle Keith Dennis Danny Dorsett Annette Sampson Gareth Davls Helen Woodall CO-OPTED MEMBERS Kath Collman CIRCUIT CHURCH REPRESENTATIVES Acocks Green Mark Firmstone Alan Bennett Helen Powick Pages 21-25
Appendlx A Beacon Judith Wingate Jeremy Parker Sheila Maggs Cambridge Road Anne Lockyer Barbara Howarth Nicola Sharman Castle Bromwich Sue Mitchell Gareth Davies Mark Ashmore The Church at Carrs Lane Peter Woodall Chinese Church An8el Chiu Cynthia Law Rhoda Tong Slssy Wong Cotterid8e John Cllff Mike Meadows Dorothy Audley Pages 21-25
Appendix A Dorridge Lynne Wllson Phil Salmon Lis Helliar Helen Munday Earlswood Paul Spence Pat Fowler Jenny Cockroft Great Barr Roger O'Hare Hall Green United Community Church Brian Dickens Val Dickens Blair Ke55eler Hawkesley Cllve Sweet Hazelwell Janet Thomas Peter Thomas Lon8brld8e Bri8ht Obeng Philip Osborn Lenroy Ryner Lozells Ellalyn Blake Carollne Nana-Tchoun8a Lyndon Janet Rudge Lorraine Sibson John Evans Pages 21-25
Appendix A Nether Whitacre Carol Morgan Jane Taylor Helen Howell Northfield Colin Capell Boaz Beoluf Jangan Laura Enonchon8 Perry Barr Pansie McKenzie Neilson Williams Perry Hall Daphne Grav Vivette Haylette Sarah Tollev Saltley Lorna Neale Sylvlna Payne Ralf Neale Selly Oak Richard Klrbv Brian Noake Karen Ashton Shirley Lois Beaumont Blll Russell Pat Lowe Solihull Carollne Hinchliffe Jennl Kitson Yan Yeung Christlne Burr lan Hancock Alan Faulkner South Yardlev Llz Lyons Joe Glasford Pa8es 21-25
Appendix A St Andrew's Chelmsley Wood St Andrews Stlrchley Margaret Murphy Sue Ford St Michaels lan Crockford Trlnity Monkspath Clive Prentice Ann Prentice Water Orton Gill Day Mike Cox Roger Boult Pages 21-25