2023-08-31-accounts

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	Page
Circuit information	1
Membership of the Circuit	2
Annual report of the Circuit	3-6
Statement of trustees' responsibilities	7
Statement of financial activities	8
Comparative statement of financial activities	9
Balance sheet	10
Notes to the financial statements	11-16
Independent Examiner's report	17
Trustees' Declaration	17

Church	Steward	Treasurer	Other Representative
Trinity St}	Neil Platt	Martin Bendall
Andrew’s}	Eileen Lloyd	Val Payne
Bradley	Pat Hearns	David Stow	Sally Essler
Long Preston		Annette Metcalf
Grassington		Jasmine Bray	Jennifer Millard

	Notes to			Circuit	Model	Designated
	the	General	Fund	Trust		Funds	Restricted	Endowment	Total
	accounts	(Unrestricted)		(Unrestricted)		(unrestricted)	Funds	Funds	2022-23
		£		£		£	£	£	£
Income
1 Offerings			86,500						86,500
2 Donations	4		10,979					59	11,038
3 Gift Aid
4 Interest and investment income	6		3,718		3,779	1,343		558	9,398
5 Income from investment properties	6		6,834			11,281			18,115
5a Capital receipts from saie of assets
6 Internal organisations
7 Other charitabie income	5		929						929
8 Total income		108.960 L			3,779	12,624		617	125,980
Expenditure
9 Circuit assessment or share			24,092						24,092
10 Grants and donations	14		349		27,000		300		27,649
11 Property Maintenance	11, 12		7,918			3,065			10,983
12 Property insurance, utilities etc	11, 12		13,033			7,248			20,281
13 Depreciation
14 Office expenses	10		3,319						3,319
15 Other expenditure	9, 13		104,480		4,283	120	4,891	55	113,829
16 Internal organisations
17 Total charitable expenditure		153,191 t		31,283		10,433	5,191	55	200,153 L
18 Gatns/(iosses) on monetary investments								(126)	(126)
19 Gains/(losses) on investment properties
20 Net income/(expenditure)		(44,231)		(27,504)		2,191	(5,191)	436	(74,299)
21 Transfers between funds			51,299	(40,236)		(756)	1,019	(11,326)
22 Other gains/(losses)
23 Net movement in funds			7,068	(67,740)		1,435 L	(4,172)	(10,890)	(74,299)
24 Totai funds brought forward		1,162,292		135,261 t		71,007	285,526	19,264	1,673,350
25 Total funds carried forward		1,169,360		67,521 L		72,442	281,354	8,374 L	1,599,051

	Notes to		Circuit	Model	Designated
	the	General Fund	Trust		Funds	Restricted	Endowment	Total 2021-
	accounts	(Unrestricted)	(Unrestricted)		(unrestricted)	Funds	Funds	22
		£	£		£	£	£	£
Income
1 Offerings		83,150						83,150
2 Donations	4	115,266				300		115,566
3 Gift Aid
4 Interest and investment income	6	454		830	204		75	1,563
5 Income from investment properties	6	6,297			8,787			15,084
5a Capital receipts from sale of assets		3,369						3,369
6 Internal organisations
7 Other charitable income	5	329						329
8 Total income		208,865		830	8,991	300	75	219,061
Expenditure
9 Circuit assessment or share		24,520						24,520
10 Grants and donations	14	7,900		1,000				8,900
11 Property Maintenance	11, 12	6,463			2,099			8,562
12 Insurance,utilities etc	11, 12	10,219			2,775			12,994
13 Depreciation
14 Office expenses	10	2,832						2,832
15 Other expenditure	8, 9, 13	156,543		3,827	126	4,595	56	165,147
16 Internal organisations
17 Total charitable expenditure		208,477		4,827	5,000	4,595	56	222,955
18 Gains/(losses) on monetary investments								(236)
19 Gains/(losses) on investment properties
20 Net income/(expenditure)		388	(3,997)		3,991	(4/295)	19	(4/130)
21 Transfers between funds
22 Other gains/{losses)
23 Net movement in funds		388	(3/997)		3,991 L	(4/295)	19	(4,130)
24 Total funds brought forward		952,315		98,847	317,016	289,821	19,481 L	1,677,480 L L
25 Total funds carried forward		952,703 i	94,850 L		321,007 I	285,526 L	19,500	1,673,350

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																GN
				Circuit	Model		Designated
	Notes to	General	Fund	Trusts			Funds		Restricted		Endowment		Totals		Totals
	the	(Unrestricted)		(Unrestricted)			(Unrestricted)		Funds		Funds		2022/23		2021/22
	Accounts	£		£			£		£		£		£		£
Fixed Assets
Circjil building and other properly	IS	557,000							277,771				834,771		834,771 i	R
Investment properties	16	475,000											475,000		475,000	R
Investments	16										8,374		8,374		19,245
Tota/ fixed assets		1,032,000							277,771		8,374		1,318,145	I	1,329,016
Current Assets
Debtors and prepayments	17		10,616										10,616		10,850	S
Loans by the Circuit	17		0		6,698								6,698		6,698
Investments with TMCP			0		87,824		42,787 L						130,611		170,883
Central Finance Board Deposits			120,777										120,777		135,877 1	T
Cash at Bank and in hand			18,509		2,001		29,655		3,583				49,746		30,174
Total current assets		149,902		92,521			72,442		3,583				318,448		354,482
Current liabilities
Creditors (due in under 1 year)	18		12,542										12,542		10,148	U
Grants oavabie within 2022-23																V
Total current liabilities			12,542 L										12,542		10,148
Net current assets/liabilities		137,360 L		92,521			72,442		3,583				305,906		344,334
Total assets less current liabilities	I	1,169,3601		92,521		I	72,442	I	281,354	|	8,374	I	1,624,0511	|	1,673,350]
Long term liabilities
(due after more than one year!
Grants payable after more than one year	18				25,000 i								25,000			V
Loans to the Circuit
Net assets		1,169,360		67,521			72,442		281,354		8,374		1,599,051		1,673,350	W
Funds of the Circuit
General Fund (Unrestricted)		1,169,360											1,169,360		1,162,292 L L
Circuit Model Trust Fund (Unrestricted)					67,521 I								67,521		135,261 L	W
Designated Funds (Unrestricted) Total Unrestricted Funds							72,442						72,442 1,309,323		71,007 L 1.368.560 l L
Restricted Funds									231,354				281,354		285.526 t
Endowment Funds											S,374		8,374		19,264
Total Funds		1,169,3601		67,521		I	72,442	I	281,354	I	8,374		1,599,051		1,673,350
									Signed

4. Donations, grants and legacies	4. Donations, grants and legacies	General Fund	Circuit Model Trust Fund	Designated Funds	Restricted Funds	Endowment Funds	2023 Total	2022 Total
		£	£	£	£	£	£	£
District grants		7,413					7,413	10,108
Transfer of Hetton						59	59	102,759
Donations and sundry income		558					558	1,254
Malham garden project								300
Malham project grants and donations		3,008					3,008	1,145
Total		10,979				59	11,038	115,566
5. Charitable activities - other		General Fund	Circuit Model Trust Fund	Designated Funds	Restricted Funds	Endowment Funds	2023 Total	2022 Total
		£	£	£	£	£	£	£
Charitabie activities	- Reprographics	454					454	329
Charitabie activities	- Sale of stock	475					475
Charitabie activities	- Circuit services
Total		929					929	329
6. Investment income		General Fund	Circuit Model Trust Fund	Designated Funds	Restricted Funds	Endowment Funds	2023 Total	2022 Total
		£	£	£	£	£	£	£
Rental income		6,834		11,281			18,115	15,084
Interest/dividends		3,718	3,779	1,343		558	9,398	1,563
Total		10,552	3,779	12,624		558	27,513	16,647
7. Payment to Trustees							2023	2022
							Total	Total
Number of trustees	who were paid expenses						7	9

9. Stipends, salaries and other staff costs	9. Stipends, salaries and other staff costs					2023	2022
						Total	Total
	Staff costs paid during the year were:					£	£
	Stipends					56,901	54,572
	Ministers' National Insurance 8i apprentice levy					5,751	5,490
	Ministers' superannuation					14,487	13,893
	Ministers' expenses					4,080	3,888
	Gross wages, salaries and benefits in kind					13,510	11,047
	Staff employer's National Insurance costs & apprentice levy					893	464
	Staff expenses						135
	Supernumery costs					1,276	1,245
	Total staff costs					96,898	90,734
	Average number of staff (inicuding ministers) employed during the		year were:			3	3
			Circuit Model	Designated	Restricted	2023	2022
10.	Circuit office costs	General Fund	Trust Fund	Funds	Funds	Total	Total
		£	£	£	£	£	£
	Telephone	365				365	408
	Postage and stationery	553				553	226
	Computer and internet costs
	Photocopying costs	1,881				1,881	1,707
	Insurance	240				240	287
	Sundry office costs	280				280	204
	Total	3,319				3,319	2,832
			Circuit Model	Designated	Restricted	2023	2022
11.	Manse running costs	General Fund	Trust Fund	Funds	Funds	Total	Total
		£	£	£	£	£	£
	Council tax	6,735				6,735	6,379
	Water rates	890				890	937
	Telephone	1,389				1,389	1,234
	Insurance	1,062				1,062	950
	Repairs and maintenance	2,841				2,841	4,259
	Total	12,917				12,917	13,759
			Circuit Model	Designated	Restricted	2023	2022
12.	Investment property running costs	General Fund	Trust Fund	Funds	Funds	Total	Total
		£	£	£	£	£	£
	Rental property repairs and maintenance	3,846		2,245		6,091	1,774
	Rental property insurance	184		1,851		2,035	1,521
	Rental property utilities and tax	1,873		3,117		4,990	931
	Rental property management costs	1,231		820		2,051	2,529
	Rental property professional fees	900		2,280		3,180	1,042
	Total	8,034		10,313		18,347	7,797

		Circuit Model	Designated	Restricted	Endowment	2023	2022
13. Other outgoings	General Fund	Trust Fund	Funds	Funds	Funds	Total	Total
	£	£	£	£	£	£	£
Investment management costs		366	120		55	541	435
CMTF contribution		3,917				3,917	59,552
Accountancyfees	1,075					1,075	1,186
Legal fees re Airton Chapel							746
Quinquennial inspection fees	5,557					5,557	4,020
Malham costs	4,272					4,272	4,028
Malham garden costs				891		891	595
Property legal costs							1,310
Bradley - Surveyor							900
Trinity - Architect							450
Bank charges	147					147	86
Sundry expenses	531					531	1,106
Total	11,582	4,283	120	891	55	16,931	74,413
		Circuit Model	Designated	Restricted	Endowment	2023	2022
14. Grants and donations paid	General Fund	Trust Fund	Funds	Funds	Funds	Total	Total
	£	£	£	£	£	£	£
Trinity ●Joel		2,000				2,000	1,000
District Jubilee							2,900
Bradley Methodist Church		25,000		300		25,300	2,901
Grassington EPC grant	349					349	2,902
Pension fund donation							5,000
Total	349	27,000		300		27,649	14,703

					ucner rixea*
					assets
					including	Fixtures,
	Residential			Other	motor	fittings and
Cost or valuation	land	Other land	Manses	buildings	vehicles	equipment	Total
	£	£	£	£	£	£	£
Balance brought forward			557,000	277,771			834,771
Additions
Revaluations (+/-)
Disposals (-)
Transfers * (+/●)
Balance carried forward			557,000	277.771 L			834,771
Accumulated depreciation
Balance brought fonward
Depreciation charge for year (-)
Revaluations (+/-)
Disposals (-)
Transfers* (-?■/-)
Balance carried forward
Net book value
Brought forward			557,000 i	277.771 L			834,771
Carried forward			557,000	277,771			834,771

					2023	2022
					£	£
Investments held with Trustees for Methodist Church Purposes			(see below)		8,374	19,245
Investment properties					475,000	475,000
Total					483,374	494,245
Change in investment values
Carrying (market) value at beginning of year					494,245	594,481
Add: additions to investments at cost						100,000
Less: disposals at carrying value					(10,745)	(200,000)
Net gain/(loss) on revaluation/disposat					(126)	(236)
Carrying (market) value at end of	year				483,374	494,245
		Opening		Mvmt in	Disposal of	Closing
Name	Type	value		value	funds	market value
		£		£	£	£
Miss A Tattersall bequest	Trustees interest fund	3,314				3,314
Surplus trusts fund	Trustees interest fund	794				794
Mr B T Ackroyd gift	Trustees interest fund	2,016				2,016
Various gifts	Trustees interest fund	2,250				2,250
Various bequests - ex airton	Trustees interest fund	9,019		(76)	(8,943)
Various bequests - ex airton	CFB mngd fixed interest fund	1,021			(1,021)
Janet Richardson Memorial Fund	CFB mngd fixed interest fund	830		(50)	(780)
		19,244	-	126	(10,744)	8,374
Investment properties
					2023	2022
					£	£
Broughton Road					25,000	25,000
20 Sawley Street					100,000	100,000
Embsay Chapel					250,000	250,000
Hetton Chapel					100,000	100,000
Total					475,000	475,000

17	Debtors and Prepayments	2023	2022
		£	£
	Prepayments	10,207	10,562
	Accrued Income	409	269
	Loan to Leeds City Mission	6,698	6,698
	Total Debtors and Prepayments	17,314	17,529
	The Leeds Mission ioan is expected to be repaid between 2025 & 2030.
18.	Creditors and Accruals	2023	2022
		£	£
	Trade Creditors	12,542	10,148
	Other Creditors
	Total Current Liabilities	12,542	10,148
	Other Creditors due in over 1 year	25,000

20.	Analysis of assets by fund	Unrestricted	Restricted	Designated	Endowment
		Funds	Funds	Funds	Funds	Total
		£	£	£	£	£
	Fixed assets	1,032,000	277,771		8,374	1,318,145
	Current assets	242,423	3,583	72,442		318,448
	Current liabilities	(12,542)				(12,542)
	Long term liabilities	(25,000)				(25,000)
		1,236,881	281,354	72,442	8,374	1,599,051

	Balance				Balance
	Brought				Carried
	Forward	Income	Expenditure	Transfers	Forward
	£	£	£	£	£
Unrestricted funds;
General fund	1,162,292	108,960	(153,191)	51,299	1,169,360
CMTF fund	135,261	3,779	(31,283)	(40,236)	67,521
Embsay funds	71,007	12,624	(10,433)	(756)	72,442
Restricted funds:
Maiham fund	277,771				277,771
Maiham garden fund	1,165		(891)		274
Long Preston fund	6,590		(4,000)		2,590
Children and Youth fund			(300)	1,019	719
Endowment funds	19,264	617	(181)	(11,326)	8,374
	1,673,350	125,980	(200,279)		1,599,051

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This Reserves Policy has been approved by	Skipton and Grassington Circuit Meeting
Treasurer	Trustee
Full name	Full name
Signature	Signature