REGISTERED CHARITY NUMBER: 1133064
REPORT OF THE TRUSTEES AND
UNAUOITED FINANCIAL STATEMENT5
FOR THE YEAR ENDED 31 AUGUST2024
FOR
BIRMIt4GHAM (WEST) & OLDBURY METHODIST
CIRCUIT
J W Hlnks LLP
Chartered Accountants
19 Highfield Road
Edgba5ton
Birmingham
West Midlands
8153BH

BIRMINGHAM (WEsll & OLDBURY METHODIST
CIRCUIT
CONTENTS OF THE FIP4ANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
P•8e
Report of the Trustees
I to 7
Independent Examlnerfs Report
Statement of Nn•nclal Artmtlqs
Balance Sheet
Cash Flow St•tement
li
Notes to the Cash Flow Ststement
12
Notes to the Hnanclal Statements
13 to 20

BIRMINGHAM (WESTI & OLDBURY METHODIST
CIRCU
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2024
The trustees present their report with the flnancial stotements of the charlty for the year ended 31 August 2024. The trustees
have adopted the provisions of Actountlng and Reporting by Charlties: Statement of Recommended Practlce applicable to
charitles preparing thelr accounts In accordance with the Financlal Reporting Standard applltable In the UK and Republic of
Ireland {FRS 1021 leffectSve l January 20191.
OBJECTIVES AND ACTIVITIES
Oblectlves and aims
The Blrmlngham Iwestl and Oldbury Circult Is a part of the 81rmlngham Dlstrlct of the Methodlst Church.
The arCU￿ continues to support ordalned and lay mlnlstry In lo￿1 churches and thelr communltles. Care and support Is tyen
to those of all communlties and falths a5 we follow Christ's command to love our neighbours.
The Clrcult Is re5ponslble for 10 churches provlding rellglous attivltles for their members In Birmlngham. Dudley and Sandwell.
These actlvltle5 are supervlsed by the circult mln15ters, lay workers and appolnted lay preachers and worship leaders, the
malorlty of whom are volunteers.
Mlsslon st•tement
The alm of thls clrcult Is to enable the churches and Chrlstlan5 in the area covered by the clrcult to:
l. Llve the Chrlstlan faith In local communltles in relevant ways
2. Stimulate and broaden thelr misslon bv:
lal leadlng people Into a loving relationshlp wlth Chrlst
Ibl 5ervin8 the communlty and workin8 for soclal justlce
3. Create a PK)Ilcy relevant to the local sltuation
4. Develop a sense of belonglng to the wlder church of Chrlst- ecumenlcally, connexlonally and internatlonallv
5. Support and encourage one another and share resource5- people. property, flnance5 and worshlp.
Page I

BIRMINGHAM IWEST) & OLDBURY MEfHODIST
CIRCUIT
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2024
OBJEcfivES AND AcnviTIES
Revlew of the year
Throughout the year there were 10 churches.. Causeway Green, Clty Road, Court Oak. Ladwood, Qulnton. Rldgacre, Rounds
Green, St Johns, Warley Woods and West Smethwick.
There were three full-tlme mlnlster5 throughout the year under revlew. At 31 August 2024 the clrcult owned three manses,
each one occupied by a full-tlme minlster.
The rnanse at 8 Hlckmans C105e was bou8ht durlng 2023-24. No Investment propertles were held durln8 the year. No
properties were sold durln8 the year.
Mrs Rebekah Button was appointed as clrcult admlnlstrator In May 2024.
Dr Mlchael Hall, the clrcuit meetlng secretary, retlred in September 2023 and has not yet been ￿placed.
Several churches face challenges relating to membershlp numbers, buildings and dlfflculty In flnding volunteers to flll key
roles. The circult leadership team contlnue5 to revlew the mission Ilfe of the clrcuit.
All churches have pald thelr assessments In 2023-24. However, It Is recogn55ed that money ralsed from church assessments
does not cover clrcuit costs. The clrcult meeting has agreed that the Clrcult Model Trust Fund lan unre5trlcted fund In which
capital transaction5 are recorded) may be used, In the short term, to subsldlse the General Fund.
The balance on the Circult Model Trust Fund at the start of the year w05 substantlal on account of slgnlflcant property sales
during 2022-23. The manse at Hlckmans C105e was bought at the stsrt of 2023-24 for £452K. £197K was transferred during
2023-24 from the arcuit Model Trust Fund to the General Fund.
Durlng 2023-24, In addltion to normal running costs, the General Fund Incurred certaln 'non-stsndard" expendlture, namely
£79K refurblshment work on the manse at Leahouse Gardens and £61K clrcuit grants to churches.
Publlc beneflt
In 5ettlng our objectlves and planning our activltles, the trustees have glven careful conslderation to the Charftv
Commi5sloners' general guldance on publlc benePIt and, In partlcular, to its.supplementsry public beneflt guldance on
advancln8 our oblectives, In accordance wlth the Charities Act 2011.
FINANCIAL REVIEW
Flnanclal posftlon
Durln8 the year, the clrcuit recorded totsl Income from all sources amountlng to £247K 12023 £1,015KI. The amount of
£1.015K In 2022-23 Included £810K relatlng to galns on fixed asset Investments and assets from cl¢)sed churches. The clrcuit
disbursed £492K12023 £334KI, glving a net deficit of expenditure over Incorne of £245K12023 net surplus of Income over
expenditure of £681KI. Totsl reserves at 31 August 2024 were £2,154K12023 £2,399KI. £913K represents Freehold Land &
Bulldings12023- £461KI. £48K {2023- £44KI represent restrltted funds.
No fund wa5 in deflcit at 31 August 2024.
Page 2

BIRMINGHAM (WESTI & OLDBURY METHODIST
CIRCUIT
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2024
FINANaAL REVIEW
Investment pollcy and performance
To comply with Methodist Standing Orders. money for long term Investment Is lodged wlth TMCP "Trustee5 for Methodlst
Church Purposes" or wlth CFB "Central Flnance Board of the Methodist Church. TMCP is the legal owner and tustodlan
trustee of all Methodist Model Trust propety, Including legacles, endowments and accumulated funds. CF8 manages a
common deposit fund and a series of pooled Investment funds for Methodist entities in Great 8ritain.
Interest rates from
dep051t5 wlth TMCP and CFB reflect deposlt rates available elsewhere. The Investment pollcy of the clrcuit Is aligned wlth
those of TMCP and CFB. who take Into account the soclal, environmental and ethlcal conslderatlons that make investments
suitable for the Methodlst Church.
Interest recelved durln8 the year ended 31 August 2024 was £72K12023 - £30KI.
fteserve5 poIIcv
"Free ReseNes" represent the balance on the General Fursd, the Clrcult Model Trust Fund and the Bequests Fund: £2,106K
12023 - £2,355KI. Totsl reserves at 31 August 2024 were £2,154K12023 - £2,399KI. £913K12023 - £461KI represent Freehold
Land & 8uildlng5. £48K12023- £44KI represent restritted fund5.
The General Fund derlve5 It5 Income princlpally from church contrlbutlons (also known as assessments). Thls Income goe5
towards financln8 the day-to-day runnlng cost5 of the circult. The trustees belleve that the balance on the General Fund
should, under normal clrcumstsnces, be In the region of £80K £IIOK, to cover four to slx months of clrcult runnlng cost5. In
order to malntaln this level, the clrcuit meetlng has agreed that transfer5 from the Clrcult Model Trust Fund Into the General
Fund can be made, to reflect the fact that Income from church assessments does not currently cover the runnln8 Costs of the
circuit.
The Beginagen 2 Fund holds money glven specifically for that project wlthin a rlng-fenced fund. The donor's wlshes are that
the money be used for communlty prolerts. Certain grants have been made from the fund during 2023-24. The balance of
the money remalns rlng-fenced for future prolect5.
fjolng concern
The trustees of the circult have every reason to believe that the circult Is a going concern. The churches contlnue to meet
thelr assessments. However, assessment income recelved from the churches is not sufflcient to cover costs of the clrcult. The
sale of varlous propertles durlng 2022-23 means that the clrcuit has considerable funds held withln the Clrcuit Model Trust
Fund. Recognlsing the fact that assessment Income from the churches Is not 5ufflclent to tover the annual costs of the
General Fund, transfers from the Clrcult Model Trust Fund Into the General Fund wlll be avallable and necessary for the
foreseeable future. Reserves pollcles are revlewed annuallv.
There are no subsidiary undertaklngs.
FUTURE EVENTS
After the end of the flnancial year, the followlng developments are reported..
Rev Nutsn Suray entered the stationing process with a view to leaving the circuit in August 2025. Subject to the approval of
Method15t Conference In June 2025, Rev Ann Varker will join the minlsterial team in September 2025.
Meetings have taken place to discuss the ongoing mi55ion of the circuit, culminating in a Mission Review Meeting in October
2024. All churches report difPiculties In finding volunteer5 to fill role5 Wlthin the churches. Church 5teward5 are faced with
organising an increasing number of 'local arrangement" se￿Ice5, because there are not enough mlnlster5 or local preachers
available to lead worship at all 10 thurches every week.
Page 3

BIRMINGHAM IWESTI & OLDBURY METHODIST
CIRCUIT
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2024
STRucfuRE, GOVERNANCE AND MANAGEMENT
Govemln8 document
The charity 15 controlled by Its governlng document, a deed of trust and constitutes an unlncorporated charity.
The circult is governed by the Methodlst Churth Act 1976 and the Deed of Unlon 1932.
Govern•n¢e
The dlstrict operates wlthln a ststutory framework of re8ulatlon and seeks to ensure that it follows Methodlst Standln8
Orders.
Or8anlsailoMI structure
Indlvldual Methodlst churches are grouped withln clrcuits, whlch are in tum grouped wfthln dlstrict5. All dlstrlcts, clrcuits and
churches are part of the Method15t "Connexion" Isee related partles below). Overall regulatory authorlty rests with the
Methodist Conference, whlch meet5 once a year. The ConnexSonal Office Implements declsion5 made by Conference and Is
also responslble for the 5tatlonin8 of presbyters and deacons (collectively known as mlnlstersl wlthln clrcults. Connexlonal
declslons are passed to the distrlrt5 for Implementatlon.
The Dlstrict Synod meets twice a year.
Management
The circult Is governed by the trustees con515tlng of the clrcuit officer5 and repre5entatlves of each of the churches. The
trustees hold at least three meetlngs each year. The responslblllties of the Clrcult Meeting are lald down in Methodist
Standing Orders. The circult meetlng is SUPPOrted by the leadershlp team which con515t of the mlnister5, lay worker and clrcuit
stewards, which meets before each clrcuit meeting to flx the agenda and make recommendations. Other commlttee5 report
to the clrcult meetlng on finance, property and any other matters which the clrcuit meeting so decide5.
The clrcult supports 3 full time presbyters to exerclse pastoral overslght of the churches that make up the clrcult. There is a
salarled Operatlons Manager and a self-employed Finance Offlcer. The clrcult also provldes voluntary support and leadershlp
In the form of local p￿aChers, a lay minister. clrcult stewards and trustees. Other offlce holders support the churches wlth
help and advlce on property, flnan￿, worshlp and work wlth young people. We continue to serve the changlng communltles
where the churches are located.
Related partles
Methodlst Church In Brltaln I'the Connexlon")
Birmingham Methodist Distrlct
The churche5 wéthin the clrcuit durln8 2023-24 were:
Causeway Green Methodlst Church
Clty Road Methodist Church
Court Oak Methodist Church
Ladywood Methodlst Church
Qulnton Methodist Church
Ridgacre Methodlst Church
Rounds Green Methodlst Church
St Johns Methodist Church
Warley Woods Methodlst Church
West Smethwick Methodlst Church
Detslls of transactions wlth related partles are shown In Note 14 to the accounts.
Page 4

BIRMINGHAM (WESTI & OLDBURY METHODIST
CIRCU
REPORT OF THETRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2024
REFERENCE AND ADMINISTRATIVE DEfAILS
Registeréd Charlty Nmber
1133064
Prlncipal addffjss
9 Leahouse Gardens
Oldbury
868 8PX
Page 5

BIRMINGHAM {WEST) & OLDBURY METHODIST
aRCUIT
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2024
Trustse5
The members of the Birmingham Iwestl and Oldbury Methodlst Circult meetlnB are the Charlty Trustee5. member5hlp belng
made up of circult office holders, mlnlsters and representstives appointed by the local churches.
CIRCUIT MINISTERS AND OFFICERS
Trustees who served between I September 2023 and slgnlng date of account5 to 31 August 2024..
arcult staff
Rev M Chisvo
Rev N Suray
Rev I Chrlstlno de Ollveira Jr
Rev 8 Taylor
Mrj Cowan
Othertrustees
Mrs J Tolley
Mr F Marius
MrT Dlng lappolnted I September 20241
Mr H Nloh lappolnted I September 20241
Dr M Hall Ire518ned 21 September 20231
Mrj Larwood
Mr C Haynes
Mr E Hall
Mrs A Davis
Mr J Hadley Ireslgned 31 August 20241
Mr R Atklss
Mr L Hamllton
Mrs V Gadd lappolnted I September 20241
Mrs C Hallam
Mr D Hallam
M155 M Scott
Mlss C Scott
Mlss J Thompson
MrA Burrid8e
Mr L Parkes
Mrs F Houten
Mrs R Bissell
MrsA Mansell
MrsD Knott
MrP Knott
Mrsl Nott
Miss V Leocque
Mrs H Butler
Mrs K Dell
Miss E Homer
Mrsj Mosedale
Mr G Taylor
Mrs D Black
Page 6

BIRMINGHAM IWESll & OLDBURY METHODIST
CIRCU
REPORT OF THE TRUSTEES
FOR ThE YEAR ENDED JI AUGUST 2024
Mfs I Clarke
Miss O Wllson
Mrs V W15son lappolnted I September 20241
IndoperOant Ex•mlMr
James Cruse ACA, FCCA
I W Hinks LLP
Chartered Accountants
19 Hlahfield Aoad
Edibastgn
Blrmlngham
West Mldlands
B15 38H
Appraved by order of the board of trustees on 2Q March 2025 and $18n•d on its bèhalf by.
TNsree
Page 7

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
BIRMINGHAM {WESTI & OLDBURY METHODIST
CIRCUIT
Independent examlner's report to the trustees of Blrmingham Iwestl & Oldbury Methodist Clrcult
I report to the charity trustee5 on my examlnation of the accounts of Blrmingham (Westl & Oldbury Methodist Clrcuit (the
Trust) for the year ended 31 August 2024.
Responslbllltles and basls of report
As the charity trustees of the Trust you are ￿sponSIble for the preparatlon of the accounts In accordance with the
requirements of the Charltles Act 20111'the Act'l.
I report In respett of my examlnatlon of the Trust's accounts carried out under Sectlon 145 of the Act and In carryln8 Out mv
examlnatlon I have followed all appllcable Dlrettlons given by the Charlty Commlsslon under Settion 1451Sllbl of the Act,
Independent emmlner's statement
I have completpd my examinatlon. I conflrm that no materlal matters have come to my attentlon in connectlon wlth the
examlnation glvlng me cause to believe that in any materlal respert:
accountlng records were not kept In respect of the Trust as requlred by Sectlon 130 of the Act; or
the accounts do not accord with those records,. or
the accounts do not comply with the appllcable requirements concernlng the form and content of account5 set out in
the Charltles (Account5 and Reports) Regulatlons 2008 other than any requirement that the accourbts give a true and
falr view whichls not a matter con51dered as part of an Independent examlnation.
I have no concem5 and have come across no other matters in connertlon with the examination to whlch attentlon should be
drawn In this report In order to enable a proper understanding of the accounts to be reached.
James Cruse AC4 FCCA
J W HlnksLLP
Chartered Accountants
19 Highfleld Road
Ed8baston
81rmlngham
West Midlands
B15 3BH
20 March 2025
Page 8

BIRMINGHAM IWEST) & OLDBURY METHODIST
aRCUIT
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 AUGUST 2024
2024
Total
funds
2023
Totsl
funds
Unrestricted
funds
Restricted
funds
Notes
INCOME AND ENDOWMENTS FROM
Charltable arti¥itiés
Assessments from churthes
Donations
Other
159
159A40
lo,￿5
5336
161.390
10,005
3.1)JO
10,IX15
5,336
Investment Income
Assets from closed churches and galns on flxed
a55et Investments
72,222
72,222
30.990
809,585
Totsl
236P98
lo.￿5
247,003
1,014,970
EXPENDITURE ON
Charltable artl¥ltles
Support costs
Contrlbutlon to Methodlstfunds
Grants and donatlons
277,981
147,474
61200
277,981
147A74
66,998
232,906
56,459
44,257
5,798
Totsl
486￿55
492N53
333,622
NEf INCOMEI(EXPENDITURE)
{249,657)
4307
IZ45AS0)
681,348
RECONaLIATION OF FUNDS
Totsl funds broughtforward
2,355A03
44,045
2,399A48
1,718,100
TOTAL FUNDS CARRIED FORWARD
2,105,746
48252
2,153,998
2,399,448
The notss form part ofthese financlal statements
Page 9

alRMINGHAM ￿Effj & OLDBURV METrIODIST
aACUIT
BALANCE 5HEEr
JI AUGUST2024
2024
T¢)tsl
lun
2023
Total
fund5
Ljnrestrrcted
funds
Restrfrted
fvnds
Notes
FIXID ASSETS
Tan8ible assets
913,381
913381
460.990
CURREIIT ASSErs
Debtor5
Cash at bonk
15,013
1329h66
159,205
1,802,580
&181,214
252
1,196,237
48.Z52
I,W,489
1.961,785
Arnounts fallin8 duè wlthln one year
io
(3m)
P,872)
123,3271
NEr cuAAeNT ASSErs
1,192.365
IJ40,617
1,938,458
TOTAL ASSETS LESS CURRENT UABiullES
1105,746
48,251
1.153,998
2399,448
NEfASSETS
IIOS.746
2,153,998
2,399,448
FUIIDS
Unrestricted funds
Restricted fvnds
li
Z,105,746
483S2
2,355.403
44,045
TOTAL FUNOS
2,tsa,998
2,399.448
The flnanrlil 5tstern•nts were approved by the 8oard of Trustees and a•Jthorlsed for Issue on 20 March 2025 wer¢ $18ned
an Its behalf by.,
Trustee
The notes form part Of these flnanclal ststements
Pa8e 10

81RMINGHAM IWE5TI & OLDBURY M￿HODIST
aRCUIT
CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 AUGUST 2024
2024
2023
Notes
Cash Ilows from operating a¢tlvltles
Cash generated from operations
{192P45)
143,044
Net cash (used inl/provlded by operatln8 actlvities
(192,945)
143,044
Cash flows frorn Investlng actlvitles
Purchase of tanglble flxed a55ets
Sale of tangible fixed assets
Sale of Investment property
Interest recelved
1452391)
658,663
350,000
30,990
72,222
Net cash Iused In)/provided by Investlng artlvitles
1380,169)
1.039,653
Change In c￿￿ and cash equlvalents In the
reportlng perfod
Cash and cash equNalents atthe beglnnln8 of
the reporting perlod
(573,114)
1,182,697
1,802,580
619.883
Cash and ¢•sh equlvalents •t the end of the
reportln8 perlod
1229N66
1,802,580
The note5 form part of these financlal statements
Page 11

BIRMINGHAM (WESTI & OLDBURY MEfHODIST
CIRCUIT
NOTES TO THE CASH FLOW STATEMENT
FOR ThE YÉAR ENDED 31 AUGUST Z024
RECONaLIATION OF NEf IEXPENDITURE)IINCOME TO NETCASH FLOW FROM OPERATING AcfiviTIES
2024
2023
Net {expendlture)Ilncome for the reportlng perfod las per the Statement of
Flnancl•l Artlvltlesl
Adjustment5 for..
Profit on dlsposaS of fixed assets
Interest recelved
Decrease In debtors
IDecrea5el/lncrease in cred￿0T$
{245N50)
681,348
1532.6631
130,9901
6.540
18,809
172,2221
144,182
119A551
Net ¢ash (used Inllprovlded by oper•tlons
{192,9451
143,044
ANALYSIS OF CHANGES IN NET FUNDS
At 1,9,23
Cash flow
At 31A.24
Net cash
Cash at bank
1.802,580
1573.114)
L229A66
1,802,580
1573,114)
1229A66
Total
1.802,580
1573,114)
1,229,466
The notes fomi part of these financial statement5
Page 12

BIRMINGHAM (WESTI & OLDBURY METHODIST
CIRCUIT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
ACCOUNTING POLICIES
BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements of the charity. whith Is a publlc benefft entlty under FRS 102, have been prepared in
actordance with the Charltles SORP IFRS 102) 'Accounting and Reportlng by Charlties.. Statement of Recommended
Practlce applicable to charitles preparlng thelr accounts In accordance wlth the Financlal Reporting Standard
appllcable In thÈ UK and Republic of Ireland IFRS 1021 leffertlve l January 20191,, Flnancial Reportlng Standard 102
'The Flnanclal Reportlng Standard appllcable In the UK and Republlc of Ireland, and the Charltles Act 2011. The
flnanclal statements have been prepared under the hlstorlcal cost convention, as modlfled by the revaluatlon of
certaln assets.
INCOME RECOGNITION
Income 15 brought Into account when it Is more likely than not that the economlc benefit of the Income wlll accrue to
the circult. No attempt Is mode to rneasure the value of service5 donated by volunteers.
RESOURCES EXPENDED
Expendlture Is recognlsed when a Ilablllty Is incurred, or a constructfve obligatlon arlses, that resuks in the payment
belng unavoldable. Llabilities are recogn15ed as soon a5 an oufflow of economlc benefit is consldered more Ilkely than
not under the legal or constructive obllgation commlttlng the clrcult to pay out resource5.
GOVERNANCE COSTS
These are costs assoclated wlth the general runnlng of the charity and its strate8lc management, rather than the costs
of its charltable actlvltles and day to day management.
TANGIBLE FIXED ASSETS
Fixed assets and Investment propertles are recognlsed at cost or falr valuatlon.
DEPRECIAnON
Depreclatlon was charged on freehold property up until 31 August 2020 at 2% 5tralght Ilne method. Depreciatlon Is
no longer charged on freehold property as the trustees consider the current resldual falr value of the propertles In
thelr present conditions to be no less than the value as which they are stated In the Balance sheet. In the absence of
any evldence of Impalrment, any potentlal depreclation charges on the properties would be Immaterlal.
The three manses (freehold propertlesl, where clrcuit mlnlsters reside, are.. 9 Leahouse Gardens, 2 Wall Close,
Smethwlckand 8 Hl¢kmans Close, Halewwen.
INVESTMENT PROPERTY
Investment property is shown at most recent valuation. Any aggregate surplus or defl¢lt arlslng from Changes In falr
value is feco8nlsed In the Statement of Flnanclal ACt￿ltIes,
All remaining Investment propertles were 501d durlng the year ended 31 August 2023.
Any aggregate surplus or deflclt arising from change5 in falr value 15 recogn15ed in the Statement of Flnanclal
Activitie5.
TAXATION
The charity 15 exempt from tax on it5 charltable activities.
Page 13
continued..-

BIRMINGHAM (WEsfi & OLDBURY METHODIST
CIRCUIT
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 AUGUST 2024
ACCOUNfiNG pouaE5- ¢ontlnued
FUND ACCOUNTING
Unrestricted funds can be used in accordance wlth the charttable oblectlve5 at the dlscretlon of the trustees.
Restrlcted funds can only be used for 5peclfied purFQSe5 Wlthln the oblert5 of the chartty. Restriction5 arlse when
specifled by the donor or when funds are ra15ed for speclfied purposes.
PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The Methodlst Church operate5 a deflned benefft penslon scheme for its ministers. A deflned contrlbutlon scheme Is
operated for lay employees. Contributlons payable to the charlty's penslon scheme are charged to the Statement of
Financlal Actlvltles In the period to which they relate.
VAT
Slnce the Circuit is not VAT registered, all Input VAT Is charged wlth the expenses to whlch It refers.
GOING CONCERN
The trustee5 assess whether the use of 8olng concern Is approprlate l.e. whether the￿ are any materlal uncertaintles
related to events or condltlons that may cast signlflcant doubt on the abillty of the charlty to continue as a goSng
concern. The trustees make thls assessmerrt In respect of a perlod of one year from the date of authorlsatlon for Issue
of the flnanclal statements and have concluded that the charlty has adequate monetary assets and human resources
avallable to contlnue In operatlon a5 a going concern, thus they contlnue to adopt the golng concern basls of
accountin8 In preparlng the flnanclal statements.
CONSOLIDATION
Blrmingham (Westl & Oldbury Methodlst Clrcuit oversees the work of mlnlsters and lay worker5 in the churches
wlthin the clrcuit but does not have flnancial control over those churches. For thls reason. the flnanclal statements of
the churches wlthin the clrcult are not consolldated into these flnancial ststements.
DEBTORS
Debtors are recorded at transactlon price.
CREDITORS
Creditor5 are recorded at transaction prlce.
INVESTMENT INCOME
2024
2023
Deposlt account interest
72,222
30,990
Page 14
contlnued..

BIRMINGHAM IWESTI & OLDBURY METHODIST
CIRCUIT
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YÉAR ENDED 31 AUGUST 2024
INCOME FROM CHARITABLE AcfiviTIES
Z024
2023
Actlvlty
Assessments from churche5
Donat5ons
Other
A55essments from churches
t)onatlons
Other
159,440
10,005
5,336
161,390
10,005
3.WO
174,781
174,395
CHARITABLE ACTIVITIES COSTS
Support
costslsee
note 51
Dlrert
Costs
Totals
Support costs
Contrlbutlon to Methodlst funds
Grants and donatlons
277,981
277,981
147N74
66,998
147,474
66,998
214,472
277,981
492A53
SUPPORT COSTS
Governance
Costs
Other
Totsls
Support costs
275.641
2,340
277,981
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneratlon or other beneflts for the year ended 31 August 2024 nor for the year ended
31 August 2023.
TRUSTEES, EXPENSES
There were no trustee5' expenses pald forthe year ended 31 August 2024 nor for the year ended 31 August 2023.
Page 15
continued...

81RMINGHAM IWESn & OLDBURY METHODIST
CIRCUIT
NOTES TO THE F114ANaAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 AUGUST 2024
STAFF COSTS
2024
2023
Wages and salarfes
Social security costs
Other Fenslon costs
104,929
9,750
24239
102.854
9,239
22,762
138,918
134,855
stsff costs Include stipends pald to mlnlsters and salarles pald to lay workers.
The avera8e monthly number of empl¢)yees during the year was as follows:
2024
2023
Min15ters
Lay employees
No employees received emoluments In excess of £60,000.
TANGIBLE FIXED ASSETS
Freehold
property
COST
At I September 2023
Additions
512,210
452391
At 31 August 2024
964,601
DEPREaATION
At I September 2023 and 31 August 2024
51220
NET BOOK VAWE
At 31 Au8USt 2024
913381
At 31 August 2023
460,990
As ar 31 August 2024 the Circult owned 3 man5e512023'. 21.
Page 16
continued...

BIRMINGHAM IWEsn & OLDBURY METHODIST
aRCUIT
NOTES TO THE FINANaAL STATEMENTS- ¢ontlnued
FOR THE YEAR ENDED 31 AUGUST 2024
DE8TORS: AMOUNTS FAiUNG DUE WITHIN ONE YEAR
2024
2023
Other debtors
23
159.205
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Other creditors
3￿n
23,327
ii.
MOVEMENT IN FUNDS
Net
movement
In funds
Transfers
between
funds
At
31.8.24
At 1.9.23
Unrestrlcted funds
General fund
Circult model twst fund
Property fund
Bequests fund
93,139
1,763,342
460,990
37,932
11983931
(53,306
197,161
(649,552)
452,391
92,Th)7
1,060084
913381
39￿74
2,355A03
1249,657)
2.105,746
Restrlcted fund5
Beglna8en 2 fund
44,045
4,207
48,252
TOTAL FUNDS
2,399,448
1245NSO)
2,153,998
Net movement in funds, Included in the above are as follows:
Incomlng
resources
Resources
expended
Movement
in funds
Unrwtrlcted funds
General fund
Circult model trust fund
Bequests fund
170,593
64,356
(s68￿86)
Ill7￿62)
11071
{198.2931
(53,3061
236,998
(486,655)
(249,657)
Restrirted funds
Beginagen 2 fund
10,IJ05
15.798)
4.Z07
TOTAL FUNDS
247,003
1492053)
1245A501
Page 17
continued...

BIRMINGHAM IWESTI & OLDBURY METHODIST
CIRCU
NOTES TO THE FINANCIAL STATEMENTS- contirned
FOR THÉ YEAR ENDED 31 AUGUST 2024
ii.
MOVEMENT IN FUND5- ¢ontlnued
Comp¥ratlves for rnovement In funds
Net
movement
In funds
Transfers
between
funds
At
31.8.23
At 1.9.22
Unrestrlrted funds
General fund
Clrcult model trust fund
Property fund
Bequests fund
125,778
434,736
1,086,990
36,556
1132,6391
802,606
loo,000
526,000
1626,0001
93.139
1,763,342
460,990
37,932
1,376
1,684,060
671,343
2,355,403
Restrlrted fvnds
8e8lna8en 2 fund
10.005
44,045
TOTAL FUNDS
1,718,100
681.348
2.399,448
Comparatlve net movernent in funds, Included In the above are as follows..
Incoming
resources
Resources
expended
Movement
In fund5
Unrestrlcted funds
General fund
Circult model trust fund
Bequests fund
175,787
827,698
1,480
1308,4261
125,0921
11041
1132,6391
802.606
1,376
1,004,965
1333,6221
671,343
Restrlrted fund$
Beglnagen 2 fund
10,005
10,005
TOTAL FU14DS
1,014,970
1333,6221
681,348
Page 18
contlnued.-

BIRMINGHAM (WEST) & OLDBURY METHODIST
CIRCUIT
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 AUGUST 2024
ii.
MOVEME￿ IN FUNDS- contlnued
A current year 12 month5 and prior year 12 month5 comblned p051tion Is as follow5:
Net
movement
in funds
Transfers
between
funds
At
31.8.24
At 1.9.22
Unrestrlrted fvnds
General fund
Clrcuit model trustfund
Propety fund
Bequests fund
125,778
434,736
1,086,990
36,556
1330,9321
749,300
297,161
1123,5521
1173,609}
92,007
1,060,484
913.381
39,874
3,318
1,684,060
421,686
2,105,746
Restrlrted funds
8e8lnagen 2 fund
34.040
14,212
48,252
TOTAL FUNDS
1,718,100
435,898
2,153,998
A current year 12 months and prlor year 12 months comblned net movement In fund5, Included in the above are as
follows:
In¢omlng
resource5
Resources
expended
Movement
In funds
Unrestrlcted funds
General fund
ClrcuSt model trust fund
8equests fund
346,380
892,054
3,529
1677,3121
1142,7541
12111
1330,9321
749,300
3.318
1,241.963
1820.2771
421.686
Restrlcted funds
Beglnagen 2 fund
20,010
15,7981
14,212
TOTAL FUNDS
1,261,973
1826,0751
435,898
General fund
The general fund represents the surplus free fund5 of the charlty that are not designatsd for particular purposes and
therefore available for the aims and objectives of the charity.
Ircult model trust fund- deslgnated
The circuil model trust fund ￿presents designated funds set aside forthe furtherance of the objectives of the Charity.
Propertyfund- designated
Page 19
contlnued...

BIRMINGHAM IWEST) & OLDBURY METHODIST
CIRCUIT
NOTES TO THE FINANCIAL sfATEMENTS- contlnued
FOR THE YEAR ENDED 31 AUGUST 2024
ii.
MOVEMENT IN FUNDS- corrtlnued
The property fund represents de51gnated funds Set aside in respect of propertles Iflxed and investment) held by the
charity.
Bequests furKI- des*nated
The bequestsfund represents a designated funds set aside for any future bequests.
Beglnagen 2 fund- restrkted
The Beglnagen 2 fund represents a restrlcted fund for communlty proSerts approved by the donor.
12.
CONnNGENT UABiullES
No ¢ontln8ent liabilltles were Identlfled at 31 August 2024.
13.
CAPITAL COMMrrMEKrs
At 31 August 2024 the Clrcult had no capital commltments.
14.
RELATED PARTY DISCLOSURES
The Clrcult recelved assessment Income from the Methodlst churche5 In the clrcult totalllng E159,440 12023:
£161,390>. The clrcult pald to 81rmlngham Methodist Dlstrlct £147.47412023.. £56,459> for contrlbutions to Methodlst
church funds at dlstrlct and connexlonal level.
Page 20