REGISTERED CHARITY NUMBER: 1133064
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
FOR
BIRMINGHAM (WEST) & OLDBURY METHODIST CIRCUIT
JW Hinks LLP Chartered Accountants 19 Highfield Road Edgbaston Birmingham West Midlands B15 3BH
BIRMINGHAM (WEST) & OLDBURY METHODIST CIRCUIT
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
i
Page Report of the Trustees 1 to 5 Independent Examiner's Report 6 Statement of Financial Activities 7 Balance Sheet 8 Cash Flow Statement 9 Notes to the Cash Flow Statement 10 Notes to the Financial Statements 11 to 17
Se
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CIRCUIT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025
BIRMINGHAM (WEST) & OLDBURY METHODIST
i———————————
The trustees present their report with the financial statements of the charity for the year ended 31 August 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES Objectives and aims The Birmingham (West) and Oldbury Circuit is a part of the West Midlands Methodist District.West Midlands Methodist District is a new family of Methodist churches and circuits in the West Midlands, launched in September 2025.
The Circuit continues to support ordained and lay ministry in local churches and their communities. Care and support is given to those of all communities and faiths as we follow Christ's command to love our neighbours.
The Circuit is responsible for 10 churches providing religious activities for their members in Birmingham, Dudley and Sandwell. These activities are supervised by the circuit ministers, lay workers and appointed lay preachers and worship leaders, the majority of whom are volunteers. Mission statement The aim of this circuit is to enable the churches and Christians in the area covered by the circuit to: 1, Live the Christian faith in local communities in relevant ways 2. Stimulate and broaden their mission by: (a) leading people into a loving relationship with Christ (b) serving the community and working for social justice 3. Create a policy relevant to the local situation 4. Develop a sense of belonging to the wider church of Christ - ecumenically, connexionally and internationally
- Support and encourage one another and share resources - people, property, finances and worship.
Review of the year
Throughout the year there were 10 churches: Causeway Green, City Road, Court Oak, Ladywood, Quinton, Ridgacre, Rounds Green, St Johns, Warley Woods and West Smethwick.
There were three full-time ministers throughout the year under review. Rev Nutan Suray, a full-time minister, left the circuit on 31 August 2025. Rev Ann Varker, FTE 75%, joined the circuit on 1 September 2025.
At 31 August 2025 the circuit owned three manses. No investment properties were held during the year. No properties were sold during the year.
Mrs Rebekah Button, the circuit administrator, increased her hours from FTE 60% to FTE 80% on 1 September 2025, to reflect an additional responsibility for Safeguarding matters.
Several churches face challenges relating to membership numbers, buildings and difficulty in finding volunteers to fill key roles. The circuit leadership team continues to review the mission life of the circuit.
All churches have paid their assessments in 2024-25. However, it is recognised that money raised from church assessments does not cover circuit costs. The circuit meeting has agreed that the Circuit Model Trust Fund (an unrestricted fund in which capital transactions are recorded) may be used, in the short term, to subsidise the General Fund. During 2024-25 £70,000 was transferred from the Circuit Model Trust Fund to the General Fund.
Public benefit In setting our objectives and planning our activities, the trustees have given careful consideration to the Charity Commissioners’ general guidance on public benefit and, in particular, to its supplementary public benefit guidance on advancing our objectives, in accordance with the Charities Act 2011.
FINANCIAL REVIEW Financial position During the year, the circuit recorded total income from all sources amounting to £234K (2024 - £247K). The circuit disbursed £320K (2024 - £492K), giving a net deficit of expenditure over income of £86K (2024 - £245K). Total reserves at 31 August 2025 were £2,068K (2024 - £2,154K). £913K represents Freehold Land & Buildings (2024 - £913K). £56K (2024 - £48K) represent restricted funds.
No fund was in deficit at 31 August 2025.
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BIRMINGHAM (WEST) & OLDBURY METHODIST CIRCUIT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025
I
FINANCIAL REVIEW investment policy and performance To comply with Methodist Standing Orders, money for long term investment is lodged with TMCP "Trustees for Methodist Church Purposes" or with CFB "Central Finance Board of the Methodist Church. TMCP is the legal owner and custodian trustee of all Methodist Model Trust property, including legacies, endowments and accumulated funds. CFB manages a common deposit fund and a series of pooled investment funds for Methodist entities in Great Britain. Interest rates from deposits with TMCP and CFB reflect deposit rates available elsewhere. The investment policy of the circuit is aligned with those of TMCP and CFB, who take into account the social, environmental and ethical considerations that make investments suitable for the Methodist Church.
Interest received during the year ended 31 August 2025 was £54K (2024 - £72K).
Reserves policy “Eree Reserves" represent the balance on the General Fund, the Circuit Model Trust Fund and the Bequests Fund: £2,012K (2024 - £2,106K). Total reserves at 31 August 2025 were £2,068K (2024 - £2,154K). £913K (2024 - £913K) represent Freehold Land & Buildings. £55K (2024 - 48K) represent restricted funds. The General Fund derives its income principally from church contributions (also known as assessments). This income goes towards financing the day-to-day running costs of the circuit. The trustees believe that the balance on the General Fund should, under normal circumstances, be in the region of £80K - £110K, to cover four to six months of circuit running costs. In order to maintain this level, the circuit meeting has agreed that transfers from the Circuit Model Trust Fund into the General Fund can be made, to reflect the fact that income from church assessments does not currently cover the running costs of[the][circuit.] The Beginagen 2 Fund holds money given specifically for that project within a ring-fenced fund. The donor's wishes are that the money be used for community projects. Grants have been made from the fund during 2024-25. The balance of the money remains ring-fenced for future projects.
Going concern The trustees of the circuit have every reason to believe that the circuit is a going concern. The churches continue to meet their assessments. However, assessment income received from the churches is not sufficient to cover costs of the circuit. The sale of various properties during 2022-23 means that the circuit has considerable funds held within the Circuit Model Trust Fund. Recognising the fact that assessment income from the churches is not sufficient to cover the annual costs of the General Fund, transfers from the Circuit Model Trust Fund into the General Fund will be available and necessary for the foreseeable future. Reserves policies are reviewed annually.
There are no subsidiary undertakings.
FUTURE EVENTS After the end of the financial year, the following developments are reported: - Rev Nutan Suray left the circuit on 31 August 2025. - Rev Ann Varker, FTE 75%, joined the circuit on 31 August 2025. - The stationing process is underway for a new appointment in September 2026, as Rev llidio de Oliveira is due to leave the circuit on 31 August 2026. - A Mission Review meeting in November 2025 received reports from all 10 churches. The meeting reflected positivity and hope for the future. All churches are being encouraged to increase their membership.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document The charity is controlled by its governing document, a deed of[trust][and][constitutes][an][unincorporated][charity.]
The circuit is governed by the Methodist Church Act 1976 and the Deed of Union 1932.
Governance The district operates within a statutory framework of regulation and seeks to ensure that it follows Methodist Standing Orders.
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BIRMINGHAM (WEST) & OLDBURY METHODIST
CIRCUIT
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2025
SessSSS Set
STRUCTURE, GOVERNANCE AND MANAGEMENT
Organisational structure
Individual Methodist churches are grouped within circuits, which are in turn grouped within districts. All districts, circuits and churches are part of the Methodist "Connexion" (see related parties below). Overall regulatory authority rests with the Methodist Conference, which meets once a year. The Connexional Office implements decisions made by Conference and is also responsible for the stationing of presbyters and deacons (collectively known as ministers) within circuits. Connexional de cisions are passed to the districts for implementation.
The District Synod meets twice a year.
Management
The circuit is governed by the trustees consisting of the circuit officers and representatives of each of the churches. The trustees hold at least three meetings each year. The responsibilities of the Circuit Meeting are laid down in Methodist Standing Orders. The circuit meeting is supported by the leadership team which consist of the ministers, lay worker and circuit stewards, which meets before each circuit meeting to fix the agenda and make recommendations. Other committees report to the circuit meeting on finance, property and any other matters which the circuit meeting so decides. The circuit supports 3 full time presbyters to exercise pastoral oversight of the churches that make up the circuit. There is a salaried Operations Manager and a self-employed Finance Officer. The circuit also provides voluntary support and leadership in the form of local preachers, a lay minister, circuit stewards and trustees. Other office holders support the churches with help and advice on property, finance, worship and work with young people. We continue to serve the changing communities where the churches are located.
Related parties
Methodist Church in Britain ("the Connexion") Birmingham Methodist District to 31 August 2025 West Midlands Methodist District from 1 September 2025 The churches within the circuit during 2024-25 were: Causeway Green Methodist Church City Road Methodist Church Court Oak Methodist Church Ladywood Methodist Church Quinton Methodist Church Ridgacre Methodist Church Rounds Green Methodist Church St Johns Methodist Church Warley Woods Methodist Church West Smethwick Methodist Church
Details of transactions with related parties are shown in Note 14 to the accounts.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number 1133064
Principal address
9 Leahouse Gardens
Oldbury B68 8PX
.
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BIRMINGHAM (WEST) & OLDBURY METHODIST CIRCUIT
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2025
sss
Trustees
The members of the Birmingham (West) and Oldbury Methodist Circuit meeting are the Charity Trustees, membership being made up of circuit office holders, ministers and representatives appointed by the local churches.
CIRCUIT MINISTERS AND OFFICERS
Trustees who served between 1 September 2024 and signing date of accounts to 31 August 2025:
| Circuit staff |
|---|
| Rev M Chisvo |
| Rev N Suray (resigned 31August 2025) |
| Rev |
| RevAVarker (appointed 1 September 2025) |
| Rev BTaylor |
| MrJCowan |
| Other trustees |
| Mrs J Tolley |
| Mr F Marius |
| Mr H Njoh |
| MrT Ding |
| MrJLarwood |
| MrC Haynes |
| MrE Hall |
| Mrs A Davis |
| Mr R Atkiss |
| Mr L Hamilton |
| Mrs J James |
| Mrs V Gadd |
| Mrs C Hallam |
| Mr D Hallam |
| Miss M Scott |
| Miss C Scott |
| Miss JThompson |
| Mr L Parkes |
| MrA Burridge |
| Mrs F Houten |
| MrsR Bissell |
| Mrs A Mansell |
| Mrs D Knott |
| Mr P Knott |
| Mrs |
| Miss V Leocque |
| Mrs K Darby |
| Mrs H Butler |
| MrG Taylor |
| Mrs K Dell |
| MrsJMosedale |
| Miss E Homer |
| MsJ Hall (appointed 1September 2025) |
| Mrs |
| Mrs D Black |
| MissO Wilson |
| MrsVWilson |
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BIRMINGHAM (WEST) & OLDBURY METHODIST
CIRCUIT
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2025
SeeEEee
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner James Cruse FCA, FCCA JW Hinks LLP
Chartered Accountants 19 Highfield Road Edgbaston Birmingham West Midlands 815 3BH
Approved by order of the board of trustees on 17 March 2026 and signed on its behalf by:
Rev M Chisvo - Trustee
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OO
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
BIRMINGHAM (WEST) & OLDBURY METHODIST
CIRCUIT eeOO
Independent examiner's report to the trustees of Birmingham (West) & Oldbury Methodist Circuit
| report to the charity trustees on my examination of the accounts of Birmingham (West) & Oldbury Methodist Circuit (the Trust) for the year ended 31 August 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act').
| report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination | have followed all applicable Directions given by the Charity Commission under Section 145(5)(b} of the Act.
Independent examiner's statement
| have completed my examination. | confirm that no material matters have come to my attention in connection with the examination giving me cause to
believe that in any material respect:
- accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
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4
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James Cruse FCA, FCCA
J W Hinks LLP
Chartered Accountants
19 Highfield Road
Edgbaston
Birmingham
West Midlands B15 3BH
17 March 2026
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BIRMINGHAM (WEST) & OLDBURY METHODIST
CIRCUIT
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025
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||||||||
|---|---|---|---|---|---|---|
|SS|
|2025|2024|
|Unrestricted|Restricted|Total|Total|
|funds|funds|funds|funds|
|Notes|£|£|£|£|
|INCOME|AND|ENDOWMENTS|FROM|
|Charitable|activities|3|
|Assessments|from|churches|165,000|-|165,000|159,440|
|Donations|1,368|10,005|11,373|10,005|
|Other|3,216|-|3,216|5,336|
|Investment|income|2|54,559|-|54,559|72,222|
|Total|224,143|10,005|234,148|247,003|
|EXPENDITURE|ON|
|Charitable|activities|4|
|Support|costs|203,804|-|203,804|277,981|
|Contribution|to|Methodist funds|107,638|-|107,638|147,474|
|Grants|and|donations|6,403|2,650|9,053|66,998|
|Total|317,845|2,650|320,495|492,453|
|NET INCOME/(EXPENDITURE)|(93,702)|7,355|(86,347)|(245,450)|
|RECONCILIATION|OF|FUNDS|
|Total funds|brought forward|2,105,746|48,252|2,153,998|2,399,448|
|TOTAL FUNDS CARRIED|FORWARD|2,012,044|55,607|2,067,651|2,153,998|
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The notes form part of these financial statements
SS
ee Ss... nm
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BIRMINGHAM (WEST) & OLDBURY METHODIST CIRCUIT
BALANCE SHEET
31 AUGUST 2025
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||||||||
|---|---|---|---|---|---|---|
|NN|
|2025|2024|
|Unrestricted|Restricted|Total|Total|
|funds|funds|funds|funds|
|Nates|£|£|£|£|
|FIXED ASSETS|
|Tangible|assets|8|913,381|-|913,381|913,381|
|CURRENT ASSETS|
|Debtors|Ee]|12,325|-|12,329|15,023|
|Cash at|bank|1,093,581|55,607|1,149,188|1,229,466|
|1,105,910|55,607|1,161,517|1,244,483|
|CREDITORS|
|Amounts falling due within one year|10|(7,247)|:|{7,247)|(3,872)|
|NET CURRENT ASSETS|1,098,663|55,607|1,154,270|1,240,617|
|TOTAL ASSETS LESS CURRENT UABILITIES|2,012,044|55,607|2,067,651|2,153,998|
|NET ASSETS|2,012,044|55,607|2,067,651|2,153,998|
|FUNDS|it|
|Unrestricted funds|2,012,044|2,105,746|
|Restricted funds|55,607|48,252|
|TOTAL FUNDS|2,067,651|2,153,998|
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The financial statements were approved by the Board ofTrustees and authorised for issue on 17 March 2026 and were signed on its behalf by:
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C
M Chisvo - Trustee
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The notes form part of these financial statements
a' ' Page &
BIRMINGHAM (WEST) & OLDBURY METHODIST CIRCUIT
CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 AUGUST 2025
| SS eee SSSEee ee |
SS eee SSSEee ee |
SS eee SSSEee ee |
SS eee SSSEee ee |
|---|---|---|---|
| 2025 | 2024 | ||
| Notes | £ | £ | |
| Cash flowsfrom operating activities | |||
| Cash generated fromoperations | 1 | (134,837) | (192,945) |
| Net cash used in operating activities | (134,837) | (192,945) | |
| Cash flows from investing activities | |||
| Purchase oftangible fixed assets | - | (452,391) | |
| Interest received | 54,559 | 72,222 | |
| Netcash provided by/(used in) investingactivities | 54,559 | (380,169) | |
| Change incash andcash equivalents inthe reporting | |||
| period | (80,278) | (573,114) | |
| Cash andcash equivalents atthebeginningofthe | |||
| reporting period | 1,229,466 | 1,802,580 | |
| Cashand cash equivalents attheend ofthe reporting | |||
| period | 1,149,188 | 1,229,466 |
The notes form part of these financial statements
eeSeeeee SEES Page 9
BIRMINGHAM (WEST) & OLDBURY METHODIST
CIRCUIT
NOTES TO THE CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 AUGUST 2025
SE
| 1, | RECONCILIATION OF NET EXPENDITURETO NETCASH FLOW FROM OPERATING ACTIVITIES | RECONCILIATION OF NET EXPENDITURETO NETCASH FLOW FROM OPERATING ACTIVITIES | ||
|---|---|---|---|---|
| 2025 | 2024 | |||
| £ | £ | |||
| Netexpenditureforthereportingperiod (asper theStatement ofFinancial Activities) | (86,347) | (245,450) | ||
| Adjustments for: | ||||
| Interest received | (54,559) | (72,222) | ||
| Decrease in debtors | 2,694 | 144,182 | ||
| Increase/(decrease) in creditors | 3,375 | (19,455) | ||
| Netcash used inoperations | (134,837) | (192,945) | ||
| 2. | ANALYSIS OFCHANGES IN NET FUNDS | |||
| At 1.9.24 | Cash flow | At 31,.8.25 | ||
| £ | £ | £ | ||
| Net cash | ||||
| Cash at bank | 1,229,466 | (80,278) | 1,149,188 | |
| 1,229,466 | (80,278) | 1,149,188 | ||
| Total | 1,229,466 | (80,278) | 1,149,188 |
The notes form part of these financial statements
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BIRMINGHAM (WEST) & OLDBURY METHODIST CIRCUIT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
ee
1. ACCOUNTING POLICIES BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, as modified by the revaluation of certain assets.
INCOME RECOGNITION Income is brought into account when it is more likely than not that the economic benefit of the income will accrue to the circuit. No attempt is made to measure the value of services donated by volunteers.
RESOURCES EXPENDED Expenditure is recognised when a liability is incurred, or a constructive obligation arises, that results in the payment being unavoidable. Liabilities are recognised as soon as an outflow of economic benefit is considered more likely than not under the legal or constructive obligation committing the circuit to pay out resources.
GOVERNANCE COSTS These are costs associated with the general running of the charity and its strategic management, rather than the costs of its charitable activities and day to day management.
TANGIBLE FIXED ASSETS Fixed assets and investment properties are recognised at cost or fair valuation.
DEPRECIATION Depreciation was charged on freehold property up until 31 August 2020 at 2% straight line method. Depreciation is no longer charged on freehold property as the trustees consider the current residual fair value of the properties in their present conditions to be no less than the value as which they are stated in the Balance Sheet. In the absence of any evidence of impairment, any potential depreciation charges on the properties would be immaterial.
The three manses (freehold properties), where circuit ministers reside, are: 9 Leahouse Gardens, 2 Wall Close, Smethwick and 8 Hickmans Close, Halesowen.
TAXATION The charity is exempt from tax on its charitable activities.
FUND ACCOUNTING
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for specified purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for specified purposes. PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS The Methodist Church operates a defined benefit pension scheme for its ministers. A defined contribution scheme is operated for lay employees. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
VAT Since the Circuit is not VAT registered, all input VAT is charged with the expenses to which it refers.
GOING CONCERN
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BIRMINGHAM (WEST) & OLDBURY METHODIST
CIRCUIT
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 AUGUST 2025
ee
1. ACCOUNTING POLICIES - continued
The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of authorisation for issue of the financial statements and have concluded that the charity has adequate monetary assets and human resources available to continue in operation as a going concern, thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
CONSOLIDATION
Birmingham (West) & Oldbury Methodist Circuit oversees the work of ministers and lay workers in the churches within the circuit but does not have financial control over those churches. For this reason, the financial statements of the churches within the circuit are not consolidated into these financial statements.
DEBTORS Debtors are recorded at transaction price. CREDITORS Creditors are recorded at transaction price.
INVESTMENT INCOME
| 2. | INVESTMENT INCOME | |||
|---|---|---|---|---|
| 2025 | 2024 | |||
| £ | £ | |||
| Depositaccount interest | 54,559 | 72,222 | ||
| 3. | INCOME FROM CHARITABLE ACTIVITIES | |||
| 2025 | 2024 | |||
| Assessments from churches | Activity Assessmentsfrom churches |
£ 165,000 |
£ 159,440 |
|
| Donations Other |
Donations Other |
11,373 3,216 |
10,005 5,336 |
|
| 179,589 | 174,781 | |||
| 4. | CHARITABLEACTIVITIESCOSTS |
| CHARITABLE ACTIVITIES COSTS | |||
|---|---|---|---|
| Support | |||
| Direct | costs (see | ||
| Costs | note 5) | Totals | |
| £ | £ | £ | |
| Supportcosts | - | 203,804 | 203,804 |
| Contribution to Methodist funds | 107,638 | - | 107,638 |
| Grants and donations | 9,053 | - | 9,053 |
| 116,691 | 203,804 | 320,495 |
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BIRMINGHAM (WEST) & OLDBURY METHODIST
CIRCUIT
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025
eS eee eee
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|||||
|---|---|---|---|
|eee|eee|eee|
|SUPPORT|COSTS|
|Governance|
|Other|costs|Totals|
|£|£|£|
|Support costs|201,404|2,400|203,804|
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5. SUPPORT COSTS
- TRUSTEES’ REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 August 2025 nor for the year ended 31 August 2024.
TRUSTEES’ EXPENSES
There were no trustees’ expenses paid for the year ended 31 August 2025 nor for the year ended 31 August 2024.
rE STAFF COSTS
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||||||
|---|---|---|---|---|
|2025|2024|
|£|£|
|Wages and|salaries|117,735|104,929|
|Social|security|costs|12,283|9,750|
|Other pension|costs|19,807|24,239|
|149,825|138,918|
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||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|Staff costs|include|stipends|paid|to|ministers|and|salaries|paid|to|lay workers.|
|The|average|monthly number|of employees|during the year was|as follows:|
|2025|2024|
|Ministers|3|3|
|Lay employees|1|1|
|4|4|
|No|employees|received|emoluments|in|excess|of £60,000.|
|TANGIBLE|FIXED|ASSETS|
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|||||||||
|---|---|---|---|---|---|---|---|
|Freehold|
|property|
|£|
|COST|
|At|1 September 2024 and|31 August 2025|964,601|
|DEPRECIATION|
|At|1 September 2024 and|31 August|2025|51,220|
|NET|BOOK VALUE|
|At 31|August|2025|913,381|
|At 31 August 2024|913,381|
|As|ar 31 August|2025 the|Circuit owned|3|manses|(2024:|3).|
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BIRMINGHAM (WEST) & OLDBURY METHODIST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025
CIRCUIT
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|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|—|ee|sss|.......gQ°__|ca|KT|—|Sa|SS|
|9.|DEBTORS:|AMOUNTS|FALLING|DUE WITHIN|ONE YEAR|
|2025|2024|
|£|£|
|Other|debtors|12,329|15,023|
|10.|CREDITORS: AMOUNTS|FALLING|DUE WITHIN|ONE YEAR|
|2025|2024|
|£|£|
|Other|creditors|7,247|3,872|
|11,|MOVEMENT|IN|FUNDS|
|Net|Transfers|
|movement|between|At|
|At|1.9.24|in|funds|funds|31.8.25|
|£|£|£|£|
|Unrestricted|funds|
|General|fund|92,007|(69,392)|70,000|92,615|
|Circuit|model|trust|fund|1,060,484|(26,082)|(70,000)|964,402|
|Property fund|913,381|-|-|913,381|
|Bequests fund|39,874|1,772|-|41,646|
|2,105,746|(93,702)|zs|2,012,044|
|Restricted|funds|
|Beginagen|2 fund|48,252|7,355|-|55,607|
|TOTAL FUNDS|2,153,998|(86,347)|-|2,067,651|
|Net movement|in|funds,|included|in|the|above|are|as|follows:|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|174,091|(243,483)|(69,392)|
|Circuit|model|trust fund|48,151|(74,233)|(26,082)|
|Bequests|fund|1,901|(129)|1,772|
|224,143|(317,845)|(93,702)|
|Restricted|funds|
|Beginagen|2|fund|10,005|(2,650)|7,355|
|TOTAL FUNDS|234,148|(320,495)|(86,347)|
----- End of picture text -----
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BIRMINGHAM (WEST) & OLDBURY METHODIST
CIRCUIT
NOTES TO THE FINANCIAL STATEMENTS- continued
aj __==_—__SSS
_
FOR THE YEAR ENDED 31 AUGUST 2025
——
11. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
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|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|Net|Transfers|
|movement|between|At|
|At|1.9.23|in|funds|funds|31.8.24|
|£|£|£|£|
|Unrestricted|funds|
|General|fund|93,139|(198,293)|197,161|92,007|
|Circuit|model|trust fund|1,763,342|(53,306)|(649,552)|1,060,484|
|Property fund|460,990|-|452,391|913,381|
|Bequests|fund|37,932|1,942|-|39,874|
|2,355,403|(249,657)|-|2,105,746|
|Restricted|funds|
|Beginagen|2|fund|44,045|4,207|-|48,252|
|TOTAL FUNDS|2,399,448|(245,450)|-|2,153,998|
|Comparative|net movement|in|funds,|included|in the|above|are|as|follows:|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|:|
|General|fund|170,593|(368,886)|(198,293)|
|Circuit|model|trust|fund|64,356|(117,662)|(53,306)|
|Bequests|fund|2,049|(107)|1,942|
|236,998|(486,655)|(249,657)|
|Restricted|funds|
|Beginagen|2 fund|10,005|(5,798)|4,207|
|TOTAL FUNDS|247,003|(492,453)|(245,450)|
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BIRMINGHAM (WEST) & OLDBURY METHODIST
CIRCUIT
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 AUGUST 2025
a
==> picture [149 x 7] intentionally omitted <==
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11. MOVEMENT IN FUNDS - continued
----- End of picture text -----
Accurrent year 12 months and prior year 12 months combined position is as follows:
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||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Net|Transfers|
|movement|between|At|
|At|1.9.23|in|funds|funds|31.8.25|
|£|£|£|£|
|Unrestricted|funds|
|General|fund|93,139|(267,685)|267,161|92,615|
|Circuit|model|trust fund|1,763,342|(79,388)|(719,552)|964,402|
|Property fund|460,990|-|452,391|913,381|
|Bequests|fund|37,932|3,714|-|41,646|
|2,355,403|(343,359)|-|2,012,044|
|Restricted|funds|
|Beginagen|2 fund|44,045|11,562|-|55,607|
|TOTAL FUNDS|2,399,448|(331,797)|-|2,067,651|
|A current year 12|months|and|prior year|12|months|combined|net movement|in|funds,|included|in|the|above|are|as|follows:|
|Incoming|Resources|Movement|
|resources|expended|in funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|344,684|(612,369)|(267,685)|
|Circuit|model|trust fund|112,507|(191,895)|(79,388)|
|Bequests|fund|3,950|(236)|3,714|
|461,141|(804,500)|(343,359)|
|Restricted|funds|
|Beginagen|2 fund|20,010|(8,448)|11,562|
|TOTAL FUNDS|481,151|(812,948)|(331,797)|
----- End of picture text -----
General fund
The general fund represents the surplus free funds of the charity that are not designated for particular purposes and therefore available for the aims and objectives of the charity.
Circuit model trust fund - designated
The circuit model trust fund represents designated funds set aside for the furtherance of the objectives of the charity.
Property fund - designated
The property fund represents designated funds set aside in respect of properties (fixed and investment) held by the charity.
Bequests fund - designated
The bequests fund represents a designated funds set aside for any future bequests.
Beginagen 2 fund- restricted
The Beginagen 2 fund represents a restricted fund for community projects approved by the donor.
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BIRMINGHAM (WEST) & OLDBURY METHODIST
CIRCUIT
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2025
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SeESSE Set
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12. CONTINGENT LIABILITIES
No contingent liabilities were identified at 31 August 2025.
- CAPITAL COMMITMENTS
At 31 August 2025 the Circuit had no capital commitments.
- RELATED PARTY DISCLOSURES
The Circuit received assessment income from the Methodist churches in the circuit totalling £165,000 (2024: £159,440). The circuit paid to Birmingham Methodist District £107,638 (2024: £147,474) for contributions to Methodist church funds at district and connexional level.
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