Circuit Accruals Accounts 2023-2024 THE METHODIST CHURCH REPORT AND ACCOUNTS (ACCRUALS BASIS) for the year ended 31 August 2024 Hull (Centre and West) Clrcuit R49l•t•rnd Charfty. R•ql•tr•tlon numb•r 1132962 York8hlr8 Norlh & Ea8t Dlstrict Dl8trlct No I Clrcult No 29137 Mlnhtorn Rev L H8¥lles lsupprfnlern1j.----------- Rev H H¢rt80n Rev C Sulhety.--.--.-.-------------.--. Rev A Orton Doacon Alljon H Clrcull Stowaryl8 Mrs S Green Isenlor) Mr8 S Vlnc Mr8 G A.ppard Mr l 8aker frorn 1 Sep 2024 Mr8 Ci r)ulhy frvm I Sop 2024 Mr S Hk80n Mr J Shgpherdson R Short from 1 Sep 2024 Cireuil Tro•8ur•r Mr J StwAiord$on
HULL (CENTRE AND WEST) METHODIST CIRCUIT ANNUAL REPORT YEAR ENDED 31 AUGUST 2024 'rhe Trusiees prL'SL'nl th¢ir annual repom and th¢ financial siaiemenis lor ihe year ended 31 August ?0?4. The financial slareni¢iiis have been prepared in accordance iviih th¢ accountRn& policies sel out in the accounts And Comply with the Charitie5 A¢1 ?0 I l and the Sialemeni of Recommended Praciice &ppli¢abl¢ lo charities pr¢'parinbv ih¢ir accounts in a¢¢ordance wilh lh¢ Financial Reporting Siandard applicable in the UK and Republic ot. Ireland (FRS 102) (effeLiive l January. 2019). l. R¢f¢ren¢e Ind admlniJlrAtlve delalls of the Ch•rlty. frlj Trustees and Advisors Name: Hull {Centr¢ and Westl Methodi$i Circuil R¢gist¢red charity numb¢r.' 11.32962 Prlncipal Office,, Cireuil Office clo Brickn¢ll A wcnue Methodist Church 277 Bricknell Avenue Hull 14U5 4TJ Minislers.. Revd. L Haynes - Superiniendeni from I S¢pi*mb¢r ?023 Revd. 14 IIiLkson - Irom I S¢pt¢mbcr ?O?.I Deacon A Hyde Revd. C Sutherby - from I Septernher ?02.1 Revd Andrew Orton - from 19 F¢bTuar>' ?0?4 Lal Lay Pastor: Mr P Vince Cir¢uli Siewards.. Mrs S Green - Senior Mrs G Apple>'ard Mr l Baker - from I Sepiember 2024 Mr5 G Dalby - from I Sepiember 20?4 Mr S Hick50n Mr J Shepherdson Mrs R Short - from I Sept¢mb¢r 2024 Mr5 5 Vinc¢ Trusiee5: All lh¢ above Are TNslee5. as are all membern of the Circuit Meetin¥. A full list of Trusiees is available from the ('.ircuii Office. Circuii Lay Stsff.. Mr P kirby (finance Officer) Mrs V Wilkes (Circuit otTice, Safesuarding and Property Officer) Advisors.'- Bankers: HSBC Bank plL, 63 Market Place. Bei'erley, Easi Yorkshire HU17 8AL CAF Bank Limiied. 25 Kings Hill Avenue. Kings Hill, Wesl Mallin8. Kent ME19 4JQ Ind¢pendenl Examiner: Atkinsons. Oberon House. FerriLs S¢et. Hull Hl19 1 IiL
HULL {CENTRE AND WEST) METHODIST CIRCUIT ANNUAL REPORT YEAR F.NDED 31 AUGUST 2024 (continued) 2, Struetiire govern•nee od managtm¢nt St•¢¢m¢nt of 'l'rus¢t¢s' responslblll¢ies: Chariry law r¢quires Ihe Trustee$ 10 prepare financial Swicmenis tor each finan¢i&l year which give a true and fair view of the slate ofaffairs of ihe C harily and of it% financial a¢iivilies for Ihal period. log7CthL'r with its asseis and liabililies at the end of the period, and adequ&t¢ly dislin&iuish any m0t¢riJl Special irust or other restric*d fund of th¢ c.harity. In pr¢parin¥ thox tinancial Siat¢ments. t Trusiees ar¢ required to: Select suitable ac¢ouniin8 Folicies and apply ihem c(Insislently: M8ke jud¥emcnis and ¢Kimal¢s thul arc rcasonable and prudent,. Siale whe¢h¢r the policiv4 adopted are in gc¢ordance with Ihe Hpproprtale SORP on Accounting and Rcportin8 by ("harities and thc. Accouniin8 Rebiulali(>ns and with applicgble A¢countin Siandards. subjeL1 tu any mAierial departures disclo%ed and explained In ihe finan¢i&l si4ments. and Prepir¢ the financial stsl¢menls on thc L40in¥ ¢on¢¢rn basis unless it is inappropriate to presum¢ Ihal ihe charity will cuniinue in operaiion. IAgthl ind Admlnljtratlvt Informatlon I'hL 8overnin8 body of Ihc fircuil is the Meihodisl Church and the goveming Ix)dy ofthe M¢thodisl ("hurL.h is the Conference. The Circuil's 0VernIng documents are thL Deed of Llninn 1931 And the Methodist Church Act 1976 which give the auihority under which the Meihodi5t Church acls. Th¢ Constilulion. Practice and Discipline of the Meihodisl L hurch govems the acliviiie5 of the Circuii. The Circuit ig o Rc¥ist¢red c.harity number I l.l?96? Trustet$ The Tru51ec5 comprise the Ministers and Circuit Stewards who are listed on pa8e I108¢ther with other Appoinied represeniaiives. including represenlalives from all the local chiirches whiLh are part of the Circuit. The princlpal Addresses of the Circuii's advisor5 arc listed on page l. The Circuit Stewards are respvnsible ftsr the deiailed examination of Ihe tinan¢ial siaienients and for presentin8 Ihcm to the Circuii M¥eiing bui d#ll1¢ this duly lo IhL C'ircuii TrinanLL Olcer. The are 17 locnl Meihndi81 chur¢he¥ h1¢h belong to ihe C'irLUit. including 2 whiLth are designated as CIASS ol'another chur¢h and ? whiLh are in Local Ecuniefiical Partnerships. The Circuit belon¥s to the YorkshirL Nurth & Easl Distrl¢k.whicli is one of ?4 Disiric15 of Ihe Methodist Church in Greai Britaln. Training for Trustees is avai18ble via the Dislricl and inforniaiion is al$0 avoilable on the Methodisl website. Decisions within the Meihodist Church are reached in aLcordaneL Wlth thL' rules and r¢8ulalions set out in the docum¢nl ¢nliiled "C'onstililtional Practice and Discipline of ihe Methodist Church." and under ihe Meihodisl Conterence. It is in a¢cordanLe wilh ihe8e resulations thai dwisions are reached by the C.ircuii Meeting and other Telaied committees. The da). to day policy and mana¥illn¢nl of the Charity is led by the C ircuit Leadership TL'OM comprising the Ministers. Circuit Stewards and oiher appointed representsiives. They port a qu8nerly basis io the Circuit Meeiing which is the main decision-making body.
HULL (CENTRE AIYD WEST) METHODIST CIRCUIT ANNUAL REPORT YEAR ENDED 31 AUGUST 2024 (continued) Rlsk Assessmen¢ The Trustees have examined the maioi straleBic business and operaiional risks which the Chariiy faces. and ¢onfimi Ihal systems have been ¢stablished to enablc regular reports to be Produced so thai ihe ne¢essAry steps can be taken to moniior these risks. Wilh regard 10 issues of Safe&7uardin8. the Circuii employs a SafeguardinB Officer who. under guidanee provided by the P¥leihodisi Church. ensures the necessary training Courses arL' provided and ihat b¢5t practice is followed. The Circuil also employs a Property Officer, and risks associated wilh the care and mainienance of property are carefully monitored and guidance. prowided by the Nqeihodist Church, i follow¢d. J. FlnAn¢l#l Revlew The Circuil Accounts include the followin8 nvo unrestricted fundg,. (a) The (i¢neral Aceounl which is Ihe main opernting occount ihrou8h which the expffidilure and r¢v¢nu for both Liperational and siraiegic purposes ar¢ handle(l. (b) The Model Trusi F"und which relveS the nei sale proceeds of disuscd churche5 and Inanses no longer required. Sury)lus funds are used for making grants to local Meihodisi churches or approved projects whi¢h seek io fulfil th¢ mission objectives vf Ihe Circuit. In addition, there are three restricied funds which are for sp¢¢iti¢ areas ofoulre&ch. There was A deficil on General Account for the year ol. £.16,791 (?0?.1 £8$ ?6.31. This was mainly the resuli f a furth¢r fall in as5¢ssmciil inLome rvLeived from (wr local churrh¢% offset by a decrease in extKndilure tor Ihe year. SinL¢ .1 l Augiisl ?0!.3 our mini51erial staff hBs fallen by ministers and ihis ha5 resulied in saving% reducing the deficit in 2.11?4. We do Anticipate a more suh4lantiHI deficit in 241?.S and we will need to draw again on our Model I rust fund. Our Model Trust fund hos bc¢n boosted by the sal¢ of properties in the pa51 year bui there are no plans for furthcr sales of propLrties in 24121. RerYeS It is the policy of the C'harity 10 hold sutTi¢ienl ttserves lo provide working capital for its continued operations. Al the year end the tothl nel Assets were £? 8.19,.1981?023 £? 808.87.3> which includes a P¢m14nent Endowment of £3.513 {£3.?14) and restricted fund$ ioialling £1.006 (£4,007). The unrestricl#d funds amount lo £2.834,880 (£? 801.651 l and include propeny used in Ihe work of ihe charity valued at £1,693.751 (£2.110.86?) leaving unrestricted li4uid funds of £l.141.129 (£690.789), In addilion, granis awarded lo proj¢¢ls bui not yel pnid umounl lo £$7,796 (£68 ?.1 I l al the year-end. 4. Public Benefil Slatemenl The Trustees wish to confimi thDI ihcy hav¢ complied with the duty in S¢¢tion 17 of the Chariiies Act 2011 10 have due regard to guidance published by the Charity Commission in respe¢1 of public benefil in ey(ercising their powers and duties. They have done so via a detailed system of ¢h¢¢ks and balance5 involvin8 regular t"eedback to ihe Circuit M¢eiing and through ensuring that actions taken and decisions m4d¢ ar¢ always in accordance with Ihe Constitutional Pra¢ti¢e and Discipline of the Methodist Church. S. Objrttlv¢s and Aim$ The primary pUrkN) for which the c.harity is constituted 15 to advanc¢ th¢ mission of the Church in the geographical area it covers which comprise5 the cenlre and west of HL55184nd the towns and villages on it5 western outskirts. I'he L'ir¢uil's Mission Policy includes the tollowing extr4ct:
HULL (CENTRE AI¥D WEST) METHODIST CIRCUIT ANNUAL REPORT YEAR ENDED 31 AUGUST 2024 (continued) .$. Objeetlves and Airns {eontinued) 'W¢ bL'lieve that uii, c'allL'd iogeih¢>r hi, ti¢KI if) b¢ Spirii-led, itr'iih u h¢ari foi Jesus, unda pa.F.Fion.for mi,$sion. Thls b¢>llef.fhapes de<'iJiun muktnR, niir i'ision uml ihL> ullIK'a#i(m ol'our tiod-giv¢n and leadf li.¥ tu ideniify ()ur k£'i' priiiriiie.i.foi' mission. A$ a L-ii-t'iiii li'e will Jeek iu &iipport and ir.¥c)ur¢'g work ii,hiL'h meeis Dr mf)re uf ih JolloivinR ohjectii'es, ulid ,hIch eon eiihgr chiireh or L'iicuil l¥d.. oj Muking nl'w dis¢ iples undsio)i'inx in diJcipl¢ship hl EJlublishinR.fit>ih expre.¥.fions vj'L'hreh and chiiych plunlins, cl Iniliulii'efy in mi,fSI()n-shaped niini.ftry d) C ommiinityfix'ii¥$eds'dcial aciion ej Woi'k H'iih lumillL',%, y¢)IlllR people and ¢'hildr¢in, (4Md t>lderpeopl¥ RuL.hin¥ Ihe tvissing generuiinn,f Buildimx cc)mplinITh, I'(JhÉ'siun" The Circuit provides opportunili¢s for churches to work 108ether and support each oih¢r. by offerlnB them resourL'es lor linance. personnel and expertise which m8> noi be avhilable locally. The c.iul1 rVeS the I1 ¢hur¢h¢$, th¢ District and the ConfercnLe in Ihe support. deploymenl and oversight of ihe varlous mlnistrles ot'ihe ('. hurch. Thnd in programmes of iraining. ObSetlv•s The purposes of the MLhodist C'hurch are and shall be deemed lo hAve been since Ihe Deed of Union 193• the advThncemenl of.. A) The Chri51iAn faith in accord4ncL' wilh th¢ do¢trin&l standards and discipline of the Mcthodi5t b) Any chorilable purpose for the time being of any connexional, dislricl. circuit. local or other or8unisaiion of the Meihodist Church. ) Any Charlble purposc for the timL k.in¥ ol'any 5u¢i¢iy or insiilulion. subsidiary ur ttncillary to the Methodi51 Church. d) Any purpose for the lime being of any charity being • charity subsidiary or ancillary to ihe M¢ihodisl Church, Th¢ C1ul1 produces a quarterly preaching plan lo ensurc regular public acts of worship take pl4¥e at ¢a¢h of the churches for which li has oversi¥hi, Each individual church has responsibility tor organising ils own r¢8ular a¢tivities. In addition oecasional ev¢nls. a¢tivities and ACCS of worship are oryanised on a Cir¢uit wide basis, YrIy objectlves To facilitate the local churches 10 enable them to continue as C hri$iiin pli¢es of worship where all are welLome. l o provide resources to enabk churehe$ to reach oul 10 the local community and lo pursue the objectives w out in the Circuli Mission Policy. To conlinu¢ io develop laership. governance and Inan8¥emenl within the Circuit. i8 tenn obJ¢c¢lves To develop an increased awareness of the Circuit, it5 purpos¢s and opportunities 4mon8St l<Kal ¢hur¢hes ¥And Iheir memlKrs. To in¢r¢ase Ihe involv¢m¢nt of lay ministr) in the life ofthe Church. To develop opw)rtunities for ecumenical working and for working with neighlK)urin8 Circuils. To ensure the best use of resources in iems of personnel. finance and prop¢ny. To give due ¢on5id¢ralion to succession planning.
HULL (CENTRE AND WEST) METHODIST CIRCUIT ANNUAL RFPORT YEAR F.NDED 31 AUGUST 2024 (continued) S¢r&¢egles for ehi¢vin% the objeetlves Th¢ Circuit Siaff hold periodi¢ me¢(inus us do Ihe Cir¢uii Stewards. Iloth groups come tO8eiher ai regular Circuit l.ead¢rship .1 fam m¢¢iings to consider matters wiihin thc C"ircuii and 10 seek Ihe besl way forward. n addition the Circuit Stewards aim lo s¢nd a represenialive to all Church C.'ouncil meelingis of local churches. On a quarterly bnsis the c.ircuit Meeting is held wh¢re reports are presented coverin8 all Aspects of Ihe Circuit's work. This is also the meeiinu where prq)osal8 are submilled. discussions lake place and d#cisions ar¢ made. The Trustees believe there are slrong finan¢ial conlro15 in position. Gralll maklng polley Granis are Awarded to schemes and pmjects 8ubmiid by the local churches which meet cenain ¢rileria. These whemes and projects can bo either for the d¢v¢lopment of Mission and Ministry Projec15 or for Property S¢h¢mes. 'I'hc fundamenial r¢quiremeni is thai lh¢ grants will assisi Ihe mission objeciiv¢s of boih the Circuii and Ihe local church to bc md. (kcasionally grant applications to outside bodies Are &pproved where it is considered thot their work is in line wilh Ihe Circuit's mission ()bjectiv¢s. All granl 4pplicAlions are rUtin15Cd by the appropriate Circuil officers and approval is uiv¢n by the Circuit l.eadership Team which ha5 delegatcd powers. E%lent of the of volunletrj in A¢hi¢vln8 *lms Volunieers are involved in all aspects of ihe work of Ihe Circuil and include I,0¢o1 Preoch¢rs who reyularly leAd worship, Circuii Siew4rds wnd many others who perforni adminisiralive duties and hold representalive role5. 1.he level of dependfficc on voluntyry workers wiihin ih¢ Ciriuil i& extremely hiyh. 15 il is in any Church organisation. 6. A¢hl¢vementJ PerformAnee Several of our Churches ¢oniiniie 10 51rug¥le lo recover from the curtailmenl of Iheir O¢1ivilies during the Covid pandemic, This has impu¢t¢d on ihtir income and reserv¢s and has meant Ihal 50n)¢ have had 10 reduLe their finanLial support lo ihe Circuit. Neverth¢less. opportunilies have arisen for exploring new way5 of worshipping and serving the community and increased use is bein¥ made of iechnoloyy 10 broadcast services. Our lo1 churches have now been grouped int() 4 hub5 and Ihe int¢ntion is thai Iho, will work more closely to¥eiher and explore wllys in which Ihey can share resources and plan ahead. There is a continuation of missional and ouireach activitie5 al many of our local churches. often 5UPPOrted by grant fuwlin¥ from both the CirLuiI and Districi. Work continues al our Selby Sireei Mission to provide a welcomin¥ base and droTrin cenlre where fellowship and support is aailAble. A similar r¢sour¥e is provided by our M05ai¢ Church which has sold its propen). bul ¢onlinues its work on North Ilull E4tate as a class of Clowes Memorial Meihodist ("hurch. Princes Avenue Methodist C'hurch continues 10 provide much needed h¢lp and support to refug¢e5 and asylum Seekers in partnership with the Open D(K)r5 proj¢¢i and Triniiy Meth(Trdisi Church coniinue to provide help and suppon io youn¥ familieb by providin8 fr¢¢ s¢hool unifom15 Ihrough th¢ Reunifom projeth. Our various working groups which w¢ established during the pVIouS year continue to function and provide sUPPOrt in speeific areas. In particular. our hubs are becomin8 well-e$tablished and are providingy a platforni for ¢hurchcs to pool r¢sour¢es and ideas and to
HULL {CENTRE AND WEST) METHODIST CIRCUIT ANNUAL RKPORT YEAR ENDED 31 AUGUST 2024 (contlnued) C.hgllenges for the (ulure Th¢re &re a reducin8 number of active ordained minislers in lh¢ M¢ihodisi Church nationally and our challenge locally is 10 r¢cruit and irain rn0 lo¢al lay paslors fill som¢ rol¢5. In common with national trends, many churches have an agcing #nd fallinB rnembvTship. This makes it more diffiLuli io appoint suilablc and willing volunl¢¢rs to hL)Id offi¢¢ and we continu¢ 10 explore ali¢rnalivc ways Io Teduce thc burdens of govLrnance amongst our member5. The appointmen of a C.'ircuit Finance Officer and a Circuit Prop¢rty and Safe¥uarding oificer have significanlly contributed lo reducing Ihc burden of govemanc¢ on volunteers and we arc pleased io r¢port we now have a full complement of C.ir¢uil Sicwards, This is a vithl role in the lifL of ihe Circuit and ih¢y provide An important link as w¢ seek to ¥row and develop our new structure of hubs wiihin Ihe Circuit, Despile gen¢rou¥ and sacrificial 8iving by man),. there is pr¢&siir¢ on some ¢hur¢hes io rAiS¢ SUtTi¢i¢nt nds lo m¢el their finan¢ial obligalions in terms of Lare of Ihelr buildin8s and support of Ihe Circuii, This clearly has the wilential to eventually limit th¢ work of th¢ Circuit. Ilow¢v¢r. as a resull ot'pmp¢rty sale5 during the year. our Model l TUSI Fund has increased in valu¢ and is available to provide financial support to the 4¢11Viti¢s and genero1 operational Costs of the Circuit il'ihe need arises, 11 15 wilh ¢onfid¢nce Ihal we will approach Ihe5c challenges and we Irusl thai wilh prayer w¢ will fulfil the purposes which God has in store for u5. ProvlJioD of Inforni•tlon to Independenl tx8mlDer'. In so far the Truqiee5 are aware.. Ther¢ is no relevani infom7ation uf which the independent ¢xarnin¢r is unawore: and The 'l-rustLYs have tsken steps Ih81 Ihey ought to make Ihemselves aware of any relevant infomiation and to establish that the independenl examiner is AwAre of the infomi&lion. Approved by the Tntsiees on and signed on their behalf by.. Revd L Haynes ISuperiniend¢nl Minisier)
Name of Circuit Hull Icentre and West) Circuit Number 29137 ststernent of Finandal A¢tMtles ISOFA}lor the yearertded 31 Aueust 2024 Tot•1 2023-2024 Totsl 2022-2023 14Kome and Endowments from,, Grants, Donatlons and Legacles Charitable activitie5 iii 3,602 30,500 34,213 40,750 Asse5sment5 or share 289,292 11.436 289,292 11,436 304,180 10,032 2b Other Other tradlng actlvltles Lettinas MIKellaneous 3b Investments 41.165 491,935 116 49.050 491,935 16,241 386,481 Copiltil fecei Other Income Tot•1 Al6 5,916 757,684 ndltur on.. Stl ends, Salarles, NIC & Pension ¢osts D5strlrt A5$55ment io 214,026 13,427 69,269 22,043 17,705 22,578 20158 234,184 13.427 69.269 23.481 17.705 22,)r78 16,719 720 287,tiii 13.136 62,040 21.333 21,001 18,587 12,422 Methodlsi Church Fund Admln. Tele hone & Trav•1 Insur3nc8, UUlitie5, 8tc Malntenance on Manses io li 1429 12 13 endlture on other Clrcull 16,719 DcpreclatloTh ProvSslons li 720 15 ProfessSonal Fees Oiher Expendlture Grant5 and Donatlon5 Contrlbutlons to Distrlct Advante Fund Contrlbutlon5 to Connexlonil P¢nilon RJeM Fund Closed Church Éxpenses Toljl 12,246 129 2,246 129 2.686 129 16 17 30,802 28,403 13,920 31,802 28,403 127,Cw)01 38.245 113,0801 3,746 19 345,571 46,714 36,077 419,171 486,671 et IDcomoll•Jt r4Mforn b•tw••n funds ondliuf• 136,9631 50,OC 489,9B8 14377 3,376 107 446.755 271.013 IS3,3761 Othei M¢oin550d ilm I Ilos$•$'. Cost of Property Sold 417,1111 1417,1111 201,0601 23 Galnsl Losses on Investment assets 691 189 A¢tuarial 88lns/llossesl on deflned b¢n¢llt ptTrslon Schemes 24 25 Net movement In lund8 1404,0741 437,303 13,ClJll 296 30,524 69.449 R¢fonclllatlon of lunds: 26 Total funds brought forwJrd Total funds wled foNMrd 2,260,543 541,108 4,007 3,?.16 2.808,874 2.735,425 27 I6.469 m,411 3A12 1839.398 2,8(74 For Snfomiatlon onty Money receiv•d p•sMd oh to Emtgrnal Or8anlsatlons Babance brou8ht forward from last ye4r Offerings/Gifts- received for External Orgs. Offerin8s/Gifts- pa55ed to External Orgs. 0kn carrled forward
Hull ICtntr •md We5tl C(lt BalantÉ Shett a$at 31 Auzust 2024 Unrestricted Clrcult Model Trusi Fund IUnre5trf¢tedl Ae$trlcted Endowmènt Funds Totslsthi5 vear Tota15 lastyear Tan$lbk Fl¥ed Ass•ts' Ni)ts Land & Bulldlngs Equiprnent Investment propertles Investments li 1,693.751 1,883 1,693,751 1,883 2,110,862 1,955 li 12 2,638 2,638 12.253 11.373 rotalllxedos5ets 1,695.634 9.615 1,707,887 2,124,190 Current Assets Oebtor$ and Prepayment5 oiher Trust•.s fof Methodlst Church Purposes deposit$ Cen¢ral Fln3nce 803rd Deposlts Cash èt Bank •nd In han4 13 32,412 32.412 18,742 968,796 874 969.670 122.745 58,502 1.183,329 521.950 155,482 40,559 736,733 122,745 57,496 212,653 1,006 1,006 Trtol¢urr¢nt•Js•ts 968.796 874 Credltorl gnd A¢cYuds und•f l yrl 14 Sl,818 51,818 52.049 Net cyrfent ¥¥sets Illlbitlllesl Totul u55rts Itss cvrrtnt 160,83S 968.796 R74 1.131,511 684.684 1,856,469 978,411 3, Jf12 2,839,398 2.808.874 Lo•n •nd u•dltors aft•r I y••r Prov155ons for1Sablllises and char8es 1,856.469 978,411 3.51?. 2.839.398 2.808,874 Funds of the arcuSt Is Unrestrlcted fund5 Clrcull me1 Trust Funil Ivnrestrlctedl Re51rlcted funds Endowment lunds 1,856,469 1,856,469 978,411 2,260,544 541.108 978.41) 4,TrJ7 3,215 2,808,874 3,512 3,512 3,512 2,839,398 1,856.469 978,411 *Detalls. stt Note 11
HULL (CENTRE AND WEST) CIRCUIT CASH FLOW STATEMENT YEAR ENDED 31 AUGUST 2024 2023 Cash flows from operatlng activities: Net (expenditurellincome for the year ended 31 August 30524 1115,9721 Adjustments for.. Capital Expenditure Depreciation charges Loss/lGainl on Inve5trnents IGain>/Loss on sale of property IGain)ILoss on Disposal of Equlpment Ilncrease)/decrease In debtors (Decreasellincrease In credltors 1648) 720 1880) (648) 735 504 191 4896 {1,3901 (13,670) (231) 114,709) 4288 Net cash (used)Iprovlded by operatlng actlvltles -15,815 1111,6841 Cash flows from Investlng actlvltles: Sale/lpurcha5el of property {Purchase) of equipment 417,111 386,481 417,111 386,481 Change In cash and cash equlvalents In the year 432,926 274,797 Cash and Cash Equivalents b/f 717,991 443,194 Roundlng Cash and Cash Equlvalents clf 1,150,917 717,991 TMCP CFB Others 969,670 122,745 58,502 1,150,917 521,950 155,482 40,559 717,991
Hull Icewtrtre and West) Or<ult Notes to the Accounts 18as15 of accountlng The fSnartclal statements have been prepared under the CharltiÈ£ Act 2011 In atcordance wlth the 2019 Ver0 of AccountinÉ and RewrbngbyCharitie5.' ststement of Re¢ornmended Prattl ISORPI applicableto charities preparingtheir atcountsin #ttordaNcÈ wlth the Flnanc131 Reporting Standard forsmaller fntities applicable ID the UK leflèrt5ve trom l January 20191- the ChèritiesSORP IFRSSEI-in replacement forthe SQRP'S 25 ver$n $wlfied In Its rekted 2LYJ8 Aelulations and in ac(ordancewith Ihe'true Ind foli Overr1, proOn contained therein." 2 Funds Ihe funds heltl tonstltute.- fjentral Funds held for any purpose of the Clrcult whlch are Unre5trlcted. The Clrcult Model Trust Fund hds wlde puip05es defined In Stèndlng Orders ènd15 CateÉorlsed a5 uThre5trl¢t¢d. Re5tdtted fvnds whlch 8re held lora narrower purpose, There15 a150 In Effidowment lund. Detalls of each materlal fund are d15closed In theffinal note to the Kcounts. Anyfund5 m•y bE represented by more than lust cash. 3 AccoufitlnB pollcle5 B451$ These Jciount5 have been prvp4r¢d thv bo51$ of hlstort£tl ttr51 &xcLwi ill1 Inve)Imwi$ ar• thown r rh•lr market v•lu¢ul the end of the ytrar, on th• accru31s bèsls to Show atrue and talrvwolthe Llrcult'sflnandal poslllon and artlvltles. Income Recognltlon Income Is Included In the siat•mtrnt of Flnan¢lèl Artlvltles ISOFAI when the Clrcult becornes entltled to thr resour1, andtht tru$tee$ reasonably certaln rh•y wlll rvcelv¥ thv i¥yvuiL¢5; and tht rnonetary value ian be measured wlth sufflclent rellabllltv. Resources fxpended Thls15 r8CO8n15?d when • Iliblllty 1$ lth¢urred. or8 cot)stntctlve obligètlon Hrlses, rhat rlsulis In the payment unavoldatyle. Liabllltle$ are recognls•d os soon 0s8n ouffiow of economlc bene15t15consldertd m¢re Ilkely than not underth¢ Iwl or constructlv8 obllgatloTr commlttln8the Circult lo pay out resoufces. Gr•nts (ifants mbde by the Clrcultfrom its own lund$ we re¢oqfils¢d In full wh•n the Clrcult accepts that there Is a le6DI or operailonal obllgatlon rtr the payrnent. VAT 51nt• th• Clrcuf( 1$ not VATr•ilst•r•d, all Input VAT 51 chJr88d w5th th exwnstrs to whlch It r4fgrs. T•nglbl• fixed ass•ts lor use by the CSrcult These 4re cllpltHllsed If they can be used lor morethan oneyeor. Tlitr Ireehold property15 shown In the accounts at 2015 deerned YalueJu51nB thE bulldlnKS Iniur•ntevahJe •t thit dare or¢ost11 pvrchosed subsequently. No depreclatlon 15 provlded 00 ihe bulldIn becau5¢ the trustee510nder the cUrrentieUll lalr lon the assumptlon that ih¥ IIEd redLhed the end ol Ihelf uselul ecoTromli Ille by the year-ondl to be not le55 thaTh thelr currentvzlue, kny Llepreclatlors would not be moterlal. The propenies have been rew•d for Impalrrnènt. InStment PropertSes Invèstment propertlts- nopmperty Is CUffentlydeeffd to not be held lor the lon8terrn purposes otthe chorfty. Inv•$tm•nts Investments are v•lued In ihe balonce sheet at mprkel v4lu• •t th• y••r •nd. In¥•¥tm¢nt Income l¥ Includ In th¢ •rUnts whèn reeèlvoble brnd any i•lns or 1055es on revaluatlon at tht yearend are shown In the SOFA. O•btors And Pr•poym•nts Oebt¢YJ wmprt5¢4mountsowed to the afcult 4nd 4150 5ncludv th¢ pr¢p4ym¢nt plthe S¢pt•mb¢r StInI Irb Au8usI. Credltors Creditors Indude wndry expenses owlng ind ¥lso the 1st qu•rter•ssessment re1ved In August. /0
Hull Icentre and West) Clrcult Notes to the Accounts IcontDnued) arcuit Model Trust Fund 2024 Total 2023 Total 4. Donatlons and legacles Unrestrlrted Restricted Donations Legacies Grants received Total iii iii 3,602 30,500 34,213 250 11,000 29,500 40,750 3,602 30,500 30,500 iii 3,602 Clrcult Model Trust Fund 2024 Total 2023 Total 5. Charftable artlvltle5 - Other Unrestrlcted Restrirted Lettlngs from non-lnvestment propertles 11,436 11,436 10,032 Total 11,436 11,436 10,032 Clrcult Model Trust Fund 2024 Total 2023 Total 6. Investment Income Unrestrlcted Endowment CAF Central Flnance Board TMCP Total 42 5,870 1,857 7,769 42 5,870 43,138 49,050 21 4,855 11,365 16,241 41,165 41,165 116 116 Clr¢ult Model Trust Fund 2024 Total 2023 Total 7. Other Income Unrestrlcted Endowment Closlng funds transferred from closed church Levy charged on sale proceeds refunded Total /J
Hull {Ceb)tre and West) Circuit Notes to the Actounts Icontlnued) 2024 Total 2023 Total 8. Paymentto Trustees Payments made to tnjstees for additional services provided to the Clrtuit by agreement wf(h the £ Number of trustees who were paid expense5 Nature of the expenses Relmbur5ement of travel, osta8e, 5tatlonery, ft vouchers, manse ex en5es and entertainln Total amount paid 9. Fees ftr Qxamlnatlon or audlt of the accounts (NOT ¢rosswreferenced THlth SOFA) Independent examinerfs or auditors, fees for reporting on ihe accounts Othèr fees leg- advice, accountancy sèrvlcesl pald to the independenl examlner 312 1,059 1,602 1,524 10. Stlpends, ularlos. NIC pn%lon ¢01 StSpénds were p•ld to 41ull-tlme. I yrt-Ilm• MSnlsters12022-23: 61 and th• w5ts wor•.. Sllpends Ernployerfs Natlonal Insurance costs Penslon costs Apprenllteshlp letry Total rnlnlsterlal r•muneratlon 127,429 12,098 31,247 165,476 15,497 43,462 808 225,243 171,363 The Clrcult also employs fvll •nd yrt-llmtt lay staff the costs were.. C?rnss salaries Employerf5 Natlonal Insurance ¢o5ts Pension costs Apprentlceshlp levv Totiil lay stalf rcmuneratlon 56,846 3,005 2,355 615 62,821 59,564 1,165 1,232 607 62,568 Total sllpend5, 5?larle5, NIC and penslon costs 234,184 287,811 Avera8e number of full-tlme equlvalent lay employees In the year were.. No employees recelved employee beneflts of more than £60,C¥)O. There Is no accrual for hollday pay as11 is Immaterlal; the hollday the hollday Veèr ends on 31 August. All staff are pald at or above the Llvln8 W)8e. Penslon$ All Minlsters are members of the Methodlst Mlnlsters, Pension Scheme IMMPS) whlch Is o deflned benefit scheme. The Clrcult has also formed Its own pension scherne administered by NCST to ¢omply with the reqtslrements of the UK Governmeni's workplace penslons leglslatlon. All lay employees are 8lven the optlon ol belon8lng to the scheme and the CircLblt makes contrfbutlons equivalent to 6% of gross earnlnas for all lay employees who ¢h005e to belon8 to the scheme.
Hull (Centre and West) Circuit Notes to the Accounts (continued) 11 Tangible Fixed Assets The Circuit owns 5 manses12023.'7} of which 4 were occupied by Ministers during 2023-24. Manses not required for Ministers are let out on assured short term tenancies until they are required for future occupation by a Minister. Other buildin8s comprlse Selby Street Mlsslon for whlch the Clrcult has assumed responslblllty as Managlng Trustee, Flxtures, fittlnBs and equipment comprSses office equlpment and a portable baptistery. Cost or valuatlon Flxtures, fittlngs and equlpment Manses Other bulldln89 Totsl Balance brou8ht forward Addltlons Revaluatlons l+/-I Dlsposals1-1 Transfers l+l-I Balance carried forward Accumulated depredatlon 1,611,428 499,434 5,328 648 2.116,190 648 417,111 417,111 1,194,317 499.434 5,976 1.699,727 Ba51s Rate SL 5 years Balance brought fonNard Depreciation charge for year l-l Revaluations l+l-I Oisposals {-) Transfer5. {+1-I Balance carried forward Net book value Brought forward Carrled forward 3,373 720 3,373 720 4,093 4,093 1,611,428 1,194,317 499,434 499,434 1,955 1.883 2,112.817 1,695,634 Loss on Dlsposal Cost or Valuation Accumulated Depreciation Net Book Value Sale Proceeds
Hull (Centre & West ) Cir¢ult Notes to the Accounts (contlnued) IZ Investments The funds that support the Circuit Model Trust Fund and the Manses Fund are held by TMCP in Trustees Interest Funds on which interest is credited to the accounts each month. These are regarded as medium and long term investments. TMCP is the legal owner and Custodian Trustee of all Methodist Model Trusi property, Includlng Le8acles, Endowments and Accumulated Funds. Trust property is held for and on behalf of local Man3gin8 Trustees who are responsible for the day to day management of trust property. TMCP ensure that, through provldlng guldance and actlng under their directlon, the Managin8 Trustees comply wlth charlty law and Methodist law and polity as determlned by the Methodlst Conferen. Analys1$ of Investm4ftt movements Clrcult Model Trust Fund Endowment 2024 Total 2023 Total Investments Ilsted on a reco8nlsed Stock Exchange Investments held In common Investmènt funds, 5ecurltles not Ilsted on a reco8nlsed Stock Exchange Other Investments 9.615 2,638 12,253 11,373 9,615 2,638 12,253 11,373 Change In Investrnent values Car in market) value at beglnnlng of year Add: additions to investmonts Bt cost Less: dlsposals at carrying value Net gaSnlllossl on revaluation Carrylng Imarketl value at end of year 8,924 2,449 11,373 11,878 691 9.615 189 2,638 880 12.253 -505 11.373
Hull {Centre and West) Clrcult Notes to the Accounts {continuedl 2024 Unrestricted Total 2023 Total 13. Debtors and prepayments Prepayments Rent recelvable Other debtors Totsl debtors and prepayments 21,256 21,256 15.307 11,156 32,412 11,156 32,412 3,435 18,742 2024 Unre$trlrted Total 1023 Total 14. Credltors and accruals {due In under l year) Income recelved In advance Trade creditors Other creditors Total ¢redltors and accruals 49,806 1,511 501 51.818 49,806 1,511 501 51,818 48,101 3,417 531 52,049 15. Capltal Commltments and Contlngent Llabllltles At 31 August 2024 the Clrcuit has no capltal commltments. No Contingent liabilitie5 were identified at 31 August 2024. /(
11111 11111 11111 11111 Iiuii 111111 lliiiiiiu 11111 11
Hull (Centre and West) Circuit DECLARATIONS Treasurer l Gonfirm that these accrual based accounts for the year ended 31 August 2024 have been prepared from the records of the Circuit and that they include all funds under the control of the Circuit Meeting. Signature of Treasurer Dale 12-Dec-24 Name of Treasurer Mr J Shepherdson Address Circuit Office clo Bricknell Avenue Methodist Church 277 Bricknell Avenue, Hull HUS 4TJ Presentatlon to the Circuit Meeting for approval. I confirm that the annual report and accounts for the year ended 31 August 2024 were pres6nted lo the Circuit Meeting at its meeting on and were approved. 124)ec-24 Signature of the Chair of the meeilng Name of the Chair of the meeting Rev L Haynes Date 12-DK.24
Independent Examlnerfs Report to the Ttee3 of the Hull (Cenlre and West) Circuit This Report Is on the Clrcull Accounts for the year ended 31° August 2024 R08P6Ctlv• rnsponslblllties ol Tru8tee8 and Ex•mln•r The Circuivs Iruslees are responsib for ensuring Ih3t the annual pOrt and acwunts fof th8 year to 31 August 2024 present a true and fair view of the Circuivs income and expendrture for the year 8nfl of its assets and liabilrties al the b818nc8 sheet date. The trustee3 eon8i¢J6r that an audit is not neo354ry for th[3 year urnler Section 144 of the Charities Act 2011 Ilhe Chantios Acll and that an indep8ndont 8xamination 1$ neéded. It is my SpOnSIbl1Y to., examina the OUnts und8r section 145 of the charit8 Act.. to follow the pro¢odures18KI in the General Directlons glven by th8 Chgrity Commi$$ion under Section 145I5llbl of the Chorilies Act., and to 8tste whether p8rtloular matters hav• Gomo to my attonllon. B••l• of Ind•p•nd•nt Exgmln•r's Report My gxamination w88 carried out in occordan¢8 with the general dlfections given by the Charfty Commi98ion. An 8xamiTr8tion includes a review of th• Accounting record$ kept by the charity and o Comparison of tho account8 pre89fit with those record$. 11 also includes con$011110n ol any unusual rtem$, in natur• or S1. or di8G108ures in the a¢¢ounls, seeking explanallon8 Irom the Tfustees concernlng such matter¥. The procdur88 undertaken do not PrOve all I ev61Jence that would be roquifftd In an audlt ano, consequently Do oplnbn 1$ gfven a$ lo whether the accoun18 present 8 true and fair vl¢w. My report Ilmiled lo Ihoso mattors sol out in the 81at•m8nl bolow. Indgpendont Examln•r'• 8lat¢ment In ¢onn8ction wth my examwialion, no mallor h88 come to my attenllon which glves mo r•aSonab C•u lo ts•1h Ihl in any m•terl41 r•8p•ct th• requirements.. . lo keop •ccounllng reconJ8 In •¢C0th Sedlon 130 01 the ChaTltle• . to propare accoun18 vthIGh HCGOfd wllh tho accountlng record8 and comply yth the a¢counllng requlremenls of th? Ch•rllb$ Act have not boon met, or 12 to whlch, In my oplnlon, attentlon jhould bj drawn In order lo enablp 8 PTopor underst8ndlng of the accounts to be reach•d. Nam? of indeperKlent examinér Signaluro of Independenl examlner R•l•v&nt Prots88ional ualificatlon of indewndent examiner Name of fim Ivthere a iale Addre$8 Dale lg
Indepondent Examlnorfs Report to the Trustees of th8 Hull (Centre and West) Clrcuit Charlty Nurnr 1132962 Resp•)n8lblllll•s and bas18 of report I report to tho tru8t888 on my examlnatlon of the accounts of th8 Hull (Cantre and W6st). Circult for th8 year ended 31 August 2024 set out on pages 7 to 14 As th8 Clrcult's trustees. you are r8spon81ble for the preparatlon of the accounts In aceordanca wllh th8 raquir8m8nts of the Charitle6 AGt 2011 ('the Act,). I report In re8pect of my examlnation of the CIrcU,$ accounts carrfed out under 8ectlon 145 of the Act and, In carrylng out my examlnatlon, I have followed all the applicablg Dlrectlons glven by the Ch8rlty Commi8slon under 88ctlon 1495)(b) of the ACL N- To of Clrcuit . Hull (Contre and W68t> No 29137 Ind•pend•nt Examlnorfs Stst•m8nt The Clrcult's gross Incom8 exceeded £250.000 and18m quallf58d to und8rtakè the examlnatlon by belng 8 qualllled member of Instltuts of Chartered Accountant8. I have completed my examlnatlon. I confirm that no materf81 m81ter8 have come to my attenllon In connectlon wlth thè axamlnatlon whlch glve m8 ceu88 to b8118V8 that In, any matsrlal respeGt: tho 8C(x)untlng record8 wer8 not kapt In accordance wlth 86don 130 of the Act; or the accounts do not accord wlth the 8ccountlng records; or the accounts do not comply wlth the appllcable requlrements concemlng the fomi and cont8nt of accounts set oul in the Charlti8s (Accounts and Reports) Regulallon8 2008 other than any requlrement that the accounts glve a 'true and falr, vlew, whlch Is not a matter consldered as part of an Indèpendent gxamlnation the tDJstee8' annual report18 IK)t con81stent wllh the ac¢ount8 l i.-rfe no concam8 and hav8 Como across no other matt8ryd In connectlon wlth the examlnatlon to whl¢h attentlon should bo drawn In th18 r8POrt in order to enable a proper under3tsndlng of tho accounts to be reached. I have obtalned Indepondant verfficatlon of&ll Investments vAth the Trustee? for Methodlst Church Purposes or held In other tru8t8, bank b8lanc8s and fund8 8t th8 Central Flnance Board of th8 M8thodlst Chun* whlch are Indlvldually In oxcess of £10,000 (ten thousand pounds) at the balanca sheet date. Slgnaturg of IrKlepond8nl examlner Name of Independent examlner. Jonath M
Relevant professional quallflcation of Independent examiner. F. C. A. Name of fimi . J. W. Smlth & Co. . Address Oberon Hou86 Ferrles StreeL Hedon Road Hull................... Postcode HU9 1RL: ..... .. Data: ...2 May 2025.................. /Y.