**Circuit Accruals Accounts 2023-2024**
**THE METHODIST CHURCH REPORT AND ACCOUNTS (ACCRUALS BASIS) for the year ended 31 August 2024**
**Skipton & Grassington Methodist Circuit Registered Charity - Registration number 1133693** Yorkshire West **District No / Circuit No 27/18 Ministers** Rev'd T Perkins Rev'd S McIvor ~~i=~~ **Circuit Stewards** Mrs J Jolly Mrs S Stow Mrs S Platt **Circuit Treasurer** c/o Circuit Stewards
## **SKIPTON AND GRASSINGTON METHODIST CIRCUIT CONTENTS YEAR ENDED 31ST AUGUST 2024**
||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|
|Reserves policy|Appendix 1|
## **SKIPTON AND GRASSINGTON METHODIST CIRCUIT CIRCUIT INFORMATION YEAR ENDED 31ST AUGUST 2024**
**Address:** St Andrews Church Hall Newmarket Street Skipton North Yorkshire BD23 2JE **Circuit Superintendent:** Rev'd T Perkins **Independent Examiner:** L R Brain FCA 4 Windermere Rise Brighouse West Yorkshire HD6 4FH
1
## **Skipton and Grassington Methodist Circuit**
## **Membership of the Circuit Meeting – Feb 2024**
The Circuit Ministers:
Rev. Tim Perkins Rev. Susan McIvor
Supernumerary Ministers:
Rev Peter Bedford, Rev Roger Fox
Circuit Lay worker (Administrator): Edwin Tate Circuit Stewards: Jane Jolly, Susanne Platt, Sharon Stow, CLT Other Eileen Lloyd Circuit Meeting Appointed: Jean Bedford, David Charlton Circuit Officers: Circuit Treasurer c/o Circuit Stewards Circuit Meeting Secretary Sharon Stow / Edwin Tate Local Preachers’ Secretary Rachel Coombes LWPT Secretary Rachel Coombes Safeguarding Officer Jane Jolly Synod Representatives Jane Jolly, Susanne Platt, Sharon Stow District Policy Ctte Rep Rev. Tim Perkins
Local Preacher Representatives (up to 7):
Jane Jolly
Representatives from the Churches:
|Church
Trinity St }
Andrew’s }
Bradley
Long Preston
Grassington|Steward
Eileen Lloyd
Pat Hearns|Treasurer
Martin Bendall
David Stow
Annette Metcalf
Jasmine Bray|Other Representative|
|---|---|---|---|
||||
Val Payne
Sally Essler
Jennifer Millard|
_Changes since list in Accounts for Year Ended 31 August 2023:_
_Rev Andrew Webb, Rev Dr Tracey Darling, Neil Platt, Ethel Smith and Sarah Webb have resigned from Circuit Meeting._
_Rev Tim Perkins (as Circuit Superintendent), Rev Susan McIvor (as Circuit Minister), Rachel Coombes (as Local Preachers’ and LWPT Secretary), and Edwin Tate (who remains Circuit Administrator) have been appointed to Circuit Meeting._
_Susanne Platt has resigned as Local Preachers’ and LWPT Secretary but remains a Circuit Meeting member._
2
## 2023 – 2024 Annual Report of Skipton & Grassington Methodist Circuit [27/18]
## **Administrative Information:**
Skipton & Grassington Methodist Circuit is a registered charity (number 1133693) in the Yorkshire West Methodist District.
Correspondence address:
The Circuit Administrator (Edwin Tate) The Circuit Office St Andrew’s Church Hall Newmarket Street Skipton BD23 2JE Email: sgcircuit1@gmail.com Tel: 01756 796584
Managing Trustees: Those named on page 2 as Members of the Circuit Meeting are the Managing Trustees of the Circuit.
Number of Church Members in the Circuit: 161 Methodist/Joint Members + 13 URC totalling 174 (figures as reported for 1[st] November 2024).
## **Aims and Organisation:**
The Circuit Mission Statement, as approved by the Circuit Meeting on the 16[th] March 2022 is:
## **WORSHIP** _‘The Church exists to increase awareness of God’s presence and to celebrate God’s love’._
To have a variety of good quality worship across the circuit both within local churches and also gathered circuit events.
To recognise the need for a balance of worship which includes contemporary worship but also values traditional styles.
To continue the creativity experienced during COVID and value outdoor and online worship and be open to other new ways of worshipping.
To continue to encourage and resource prayer both individually and on gathered occasions.
## **SERVICE** _‘The Church exists to be a good neighbour to people in need and to challenge injustice.’_
To encourage individual churches to respond to local needs as well as the wider concerns of the world including the current climate crisis.
To adopt a circuit wide project to enthuse and engage people.
To focus on a circuit wide children’s/families/youth strategy and consider what resources we need to invest in this and how we can share ecumenically in what is already taking place.
## **LEARNING AND CARING** _‘The Church exists to help people to grow and to learn as Christians, through mutual support and care.’_
To provide care for all age groups across the circuit and provide opportunities for those who are vulnerable to meet and be supported.
To grow disciples and deepen faith using both in person and online study groups and learning opportunities. To encourage people to respond to their calling and to develop their gifts.
3
## **EVANGELISM** _‘The Church exists to make more followers of Jesus Christ.’_
To make more disciples of Jesus.
To be more creative in how we see church and not be limited by our buildings and traditions. To build on the connections we already have with those we encounter in our everyday lives. To be open to new ways of being church.
This Mission Statement should be reviewed at least every three years.
In 2023-24 we sought to put this Mission Statement into practice through:
- a ministerial team of two full-time ministers and a circuit administrator.
- a Leadership Team of three circuit stewards and a further volunteer, the ministers and administrator who collectively guide the Circuit’s life and work
- a team of ministerial and lay officers with specific responsibilities who attend Circuit and, where
- applicable, District meetings
- a Circuit Property Group who manage the Circuit’s properties and gave advice and assistance to
- churches
- a management group that supports Malham with its mission and outreach
- assistance from the Circuit’s supernumerary ministers.
## **Review of progress and achievements:**
This was the final year covered by the Circuit’s Vision Plan 2021-24 that had guided our priorities and activities ‘to allow space to be open to what God is doing, to be attentive to how the Holy Spirit is moving and to respond to new ways of being God’s people going forwards.’ Worship took place throughout the year in our chapels and livestreamed online including the popular Daily Reflections via YouTube, and outdoor Wild Church services. Ministers and volunteers offered pastoral care and conducted services including funerals to support people in our communities. The Circuit gave thanks and said farewell to Helen Cook as she moved on to her diaconal training.
Mission and outreach activities included the thriving wellbeing cafes and allotment at Trinity St Andrew’s, drop-in afternoons at Malham, sessions to support older people’s health at Long Preston, and many events at Bradley that also helped raise funds towards their Accessibility Project to allow inclusive access to the building via ramp and lifts. Activities for children and families included Messy Church in Skipton and Bradley and the Circuit supported a trip to 3Generate for children and young people.
Having recently come together as one church, Trinity St Andrew’s moved its worship to the Westmoreland Street site and developed its plans towards extending the building to provide better facilities for congregation and community. The Circuit committed a £25,000 grant out of the funds received from Embsay Methodist Church towards the redevelopment.
The Circuit completed the 25-year lease of the Broughton Road property to the Broughton Road Community Centre charity. Work continued towards the sales of the former Hetton Methodist Church which completed after the year-end, and of the Embsay Methodist properties which will take longer. After the year-end the Circuit sold the Grassington manse, as there would from then on only be one minister residing in the Circuit, and worked towards the sale of its Sawley Street property.
4
In July 2024, the Circuit held a Farewell Service to thank Rev Andrew Webb and Rev Dr Tracey Darling for all their ministry, support and dedication over the past 5 years, and to wish them God’s blessings for the future. Under their guidance and commitment many of the objectives of the Circuit’s Vision Plan 2021-24 had been met and it was time to look again to the future.
Accordingly a major focus during the year was on the stationing process and the Circuit Stewards worked tirelessly alongside the Chair of District to seek replacement ministers. At the end of August 2024 the Circuit was delighted to welcome Rev Tim Perkins as Circuit Superintendent, a role he also holds in Wharfedale and Aireborough Circuit with our share of his time being 30%, and Rev Susan McIvor as Circuit Minister. After the year-end Revs Susan and Tim worked with the churches and the rest of CLT to begin to discern the priorities and direction for the next chapter of the Circuit’s life.
## **Financial Information:**
The accounts show that total income for 2023-24 was £138,227 (£125,980 in 2022-23) and total expenditure £212,772 (2022-23 £200,153), with £0 gains / losses on investments (£126 in 2022-23) leaving an overall deficit of £74,545 (£74,299 in 2022-23). However, these figures include income beyond the Circuit’s regular operation of £11,891 from Embsay, £5,039 from Hetton, £609 from the Broughton Road lease and a £5,000 reimbursed donation to the Pension Reserve Fund. On the expenditure side they include £25,000 grant for Trinity St Andrew’s redevelopment, £2,800 other grants, £2,592 Model Trust Fund levy; £2,623 Hetton costs; £7,870 Embsay costs, £50 manse sale costs and £32 for Malham Garden. Excluding these sums results in a more realistic revenue budget deficit of £56,117 which was more than the previous year (2022-23 £38,358) for reasons including inflation and additional manse costs preparing for the change in staff.
At 31st August 2024, the Circuit’s unrestricted cash reserves (ignoring fixed / investment property assets, endowments and restricted funds but including designated funds from Embsay) stood at £205,700 (2023 £277,323).
The significant revenue deficit is anticipated to reduce during the next year (2024-25) owing to the reduction in staffing but it is still forecast to remain significant (over £30,000). The Circuit will look carefully at possibilities for increasing revenue income but the impact of previous chapel closures continues to be felt alongside reductions in congregations and rising costs, meaning that the Circuit will remain dependent at least at the moment on income from property sales to support its budget, while remaining deeply grateful for the faithful giving in its churches. With the currently large number of properties recently or about to be sold, the hope will be to use these proceeds to enable new mission and activities to build and grow the Kingdom.
The £6,698 loaned to the Leeds Mission Project has now been repaid. The Reserves Policy is appended as part of this report.
## **Risk assessment:**
The major risks to which the Circuit is exposed have been reviewed and systems have been developed to mitigate those risks. Procedures are in place to minimise internal risks and these procedures are periodically reviewed to ensure that they still meet the needs of the Circuit.
## **Trustees’ responsibilities:**
The trustees have reviewed and accepted the statement of trustees’ responsibilities on page 7 of the accounts.
## **Public benefit:**
In deciding what activities the Circuit should undertake, the trustees have paid due regard to the guidance issued by the Charity Commission regarding public benefit and in particular the specific guidance on charities for the advancement of religion.
5
## **Fundraising:**
The Circuit’s principal funding comes from the shares given by its churches, supplemented by rental income, grants, interest and some sundries. The Circuit raises only a very small proportion of its income directly from members of the public, for example via the donate options on the Circuit’s website. No complaints about the Circuit’s fundraising activities have been received.
## **Approved by the trustees in June 2025**
## **Rev'd T Perkins**
## **E Tate**
6
## **Skipton & Grassington Methodist Circuit**
## **Statement of trustees’ responsibilities**
The charity trustees are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (UK GAAP).
Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the circuit’s financial activities during the year and of its position at the end of the year.
In preparing those financial statements, the trustees are required to:
- select suitable accounting policies and apply them consistently;
- observe the methods and principles in the applicable Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the circuit will continue in operation.
The trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the circuit and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the circuit and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
On behalf of the association
Rev'd T Perkins Trustee
7
## **Skipton & Grassington Methodist Circuit**
## **Circuit number 27/18**
## **Statement of Financial Activities (SOFA) for the year ended 31 August 2024**
|**Notes to**
**the**
**accounts**
**Income**
1 Offerings
2 Donations
4
3 Gift Aid
4 Interest and investment income
6
5 Income from investment properties
6
5a Capital receipts from sale of assets
6 Internal organisations
7 Other charitable income
5
8**Total income**
**Expenditure**
9 Circuit assessment or share
10 Grants and donations
14
11 Property Maintenance
11, 12
12 Property insurance, utilities etc
11, 12
13 Depreciation
14 Office expenses
10
15 Other expenditure
9, 13
16 Internal organisations
17**Total charitable expenditure**
18 Gains/(losses) on monetary investments
19 Gains/(losses) on investment properties
20**Net income/(expenditure)**
21 Transfers between funds
22 Other gains/(losses)
23**Net movement in funds**
24 Total funds brought forward
**25 Total funds carried forward**|
**General Fund**
**(Unrestricted)**
**Circuit Model**
**Trust**
**(Unrestricted)**
**Designated**
**Funds**
**(unrestricted)**
**Restricted**
**Funds**
**Endowment**
**Funds**
**Total**
**2023-24**
£
£
£
£
£
£
87,910
-
-
-
-
87,910
15,996
-
5,835
1,020
-
22,851
-
-
-
-
-
-
8,474
5,064
-
-
-
13,538
7,552
-
6,056
-
-
13,608
-
-
-
-
-
-
-
-
-
-
-
-
320
-
-
-
-
320|
|---|---|
||**120,252**
**5,064**
**11,891**
**1,020**
**-**
**138,227**|
||25,536
-
-
-
-
25,536
27,500
(5,000)
-
1,320
-
23,820
19,389
-
3,008
-
-
22,397
13,418
-
4,861
-
-
18,279
-
-
-
-
-
-
3,070
-
-
-
-
3,070
114,602
2,446
-
2,622
-
119,670
-
-
-
-
-
-|
||**203,515**
**(2,554)**
**7,869**
**3,942**
**-**
**212,772**|
||-
-
-
-
-
-
-
-
-
-
-|
||**(83,263)**
**7,618**
**4,022**
**(2,922)**
**-**
**(74,545)**|
||64,697
(29,697)
(35,000)
-
-
-
-
-
-
-
-
-
**(18,566)**
**(22,079)**
**(30,978)**
**(2,922)**
**-**
**(74,545)**|
||1,169,360
67,521
72,442
281,354
8,374
1,599,051|
||**1,150,794**
**45,442**
**41,464**
**278,432**
**8,374**
**1,524,506**|
8
**Circuit number 27/18**
## **Skipton & Grassington Methodist Circuit**
## **Statement of Financial Activities (SOFA) for the year ended 31 August 2023 (comparative year)**
||**Notes**|||||||
|---|---|---|---|---|---|---|---|
||**to the**||**Circuit Model**|**Designated**||||
||**account**|**General Fund**|**Trust**|**Funds**|**Restricted**|**Endowment**|**Total 2022-**|
||**s**|**(Unrestricted)**|**(Unrestricted)**|**(unrestricted)**|**Funds**|**Funds**|**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 sale of assets||-|-|-|-|-|**-**|
|6 Internal organisations||-|-|-|-|-|**-**|
|7 Other charitable income|5|929|-|-|-|-|**929**|
|8**Total income**||**108,960**|**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 Insurance,utilities etc|11, 12|13,033|-|7,248|-|-|**20,281**|
|13 Depreciation||-|-|-|-|-|**-**|
|14 Office expenses|10|3,319|-|-|-|-|**3,319**|
|15 Other expenditure|8, 9, 13|104,480|4,283|120|4,891|55|**113,829**|
|16 Internal organisations|||||||**-**|
|17**Total charitable expenditure**||**153,191**|**31,283**|10,433|**5,191**|55|**200,153**|
|18 Gains/(losses) 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**|**(4,172)**|**(10,890)**|**(74,299)**|
|24 Total funds brought forward||1,162,292|135,261|71,007|285,526|19,264|1,673,350|
|**25 Total funds carried forward**||**1,169,360**|**67,521**|**72,442**|**281,354**|**8,374**|**1,599,051**|
9
**Skipton & Grassington Methodist Circuit**
**Circuit number 27/18**
## **Balance Sheet as at 31 August 2024**
|**Fixed Assets**|**Notes**
**to the**
**Accounts**||||||**Totals**
**2023/24**
£
834,771
475,000
8,374
**1,318,145**
9,104
-
80,419
151,923
32,307
**273,753**
17,392|**Totals**
**2023/24**
£
834,771
475,000
8,374
**1,318,145**
9,104
-
80,419
151,923
32,307
**273,753**
17,392|GN
**Totals**
**2022/23**
£
834,771
R
475,000
R
8,374
**1,318,145**
10,616
S
6,698
130,611
120,777
T
49,746
**318,448**
12,542
U
-
V
**12,542**
**305,906**
**1,624,051**
25,000.00
V
-
**1,599,051**
W
1,169,360
67,521
W
72,442
**1,309,323**
**281,354**
**8,374**
**1,599,051**|
|---|---|---|---|---|---|---|---|---|---|
|||**General Fund**
**(Unrestricted)**
£|**Circuit Model**
**Trusts**
**(Unrestricted)**
£|**Designated**
**Funds**
**(Unrestricted)**
£|**Restricted**
**Funds**
£|**Endowment**
**Funds**
£|**Totals**
**2023/24**
£|||
|||||||||||
|Circuit buildingand otherproperty|15|557,000|-|-|277,771|-|834,771|||
|Investmentproperties|16|475,000|-|-|-|-|475,000|||
|Investments|16|-|-|-|-|8,374|8,374|||
|**Total fixed assets**||**1,032,000**|**-**|**-**|**277,771**|**8,374**|**1,318,145**|||
|**Current Assets**||||||||||
|Debtors andprepayments|17|9,104|-|-|-|-|9,104|||
|Loans bythe Circuit|17|-|-|-|-|-|-|||
|Investments with TMCP||-|45,442|34,977|-|-|80,419|||
|Central FinanceBoardDeposits||151,923|-|-|-|-|151,923|||
|Cash at Bank and in hand||25,159|-|6,487|661|-|32,307|||
|**Total current assets**||**186,186**|**45,442**|**41,464**|**661**|**-**|**273,753**|||
|**Current liabilities**||||||||||
|Creditors (dueinunder 1year)|18|17,392|-|-|-|-|17,392||12,542|
|Grantspayable within 2024-25||-|-|-|-|-|-||-|
|**Total current liabilities**||**17,392**|**-**|**-**|**-**|**-**|**17,392**||**12,542**|
|**Net current assets/liabilities**||**168,794**|**45,442**|**41,464**|**661**|**-**|**256,361**||**305,906**|
|||||||||||
|**Total assets less current liabilities**||**1,200,794**|**45,442**|**41,464**|**278,432**|**8,374**|**1,574,506**||**1,624,051**|
||||||||**50,000**
**-**
**1,524,506**
1,150,794
45,442
41,464
**1,237,700**
278,432
8,374
**1,524,506**|||
|**Long term liabilities**
**(due after more than oneyear)**||||||||||
|Grantspayable after more than oneyear|18|50,000|-|-|-|-|**50,000**|||
|Loans to the Circuit||-|-|-|-|-|**-**|||
|||||||||||
|**Net assets**||**1,150,794**|**45,442**|**41,464**|**278,432**|**8,374**|**1,524,506**|||
|**Funds of the Circuit**||||||||||
|General Fund(Unrestricted)||1,150,794|||278,432||1,150,794||1,169,360|
|Circuit Model Trust Fund(Unrestricted)|||45,442||||45,442||67,521|
|Designated Funds(Unrestricted)||||41,464|||41,464||72,442|
|**Total Unrestricted Funds**|||||||**1,237,700**||**1,309,323**|
|Restricted Funds|||||278,432||278,432||**281,354**|
|Endowment Funds||||||8,374|8,374||**8,374**|
|**Total Funds**||**1,150,794**|**45,442**|**41,464**|**278,432**|**8,374**|**1,524,506**||**1,599,051**|
**Signed**
**Circuit Treasurer Date**
10
## **Skipton & G**
## **Notes to the Accounts for the year ended 31st August 2024**
## **1. Basis of accounting and accounting policies**
- i **Accounting standard**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective from October 2019) - (Charities SORP (FRS 102)).
- ii **Public benefit entity**
The Circuit is a public benefit entity under the definition in FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s) below.
- iii **Basis**
These accounts have been prepared on the basis of historical cost except that investments are shown at their market value at the end of the year, on the accruals basis to show a true and fair view of the Circuit’s financial position and activities.
- iv **Content**
The financial information presented is relevant, reliable, comparable and complete. Where estimates are used these are based on experience, research and judgement. The accounts are expressed in £ Sterling, rounded to the nearest pound.
- v **Going concern**
- Based on the monetary assets and human resources available at 31 August 2024, the trustees believe that the Circuit is a going concern.
## **2. Fixed assets**
- Tangible fixed assets (excluding investments) are functional assets used for charitable purposes and are stated at cost less accumulated depreciation.
## **Investment properties**
Investment properties are included at market value, estimated by reference to the insurance value where no other valuation is available.
## **Investments**
Investments are included in the Financial Statements at their market value at the balance sheet date and the gain or loss is taken to the Statement of Financial Activities.
## **Depreciation**
Depreciation is calculated so as to write off the cost of assets, over their useful economic life.
Freehold property is not depreciated since the site land values are expected to be greater than the cumulative cost of the properties.
## **Income**
Offers are recorded when they are received or when their receipt is probable and are recorded gross of any tax recoverable. Where the received offers are related to a later period, the amount has been deferred and is included in creditors.
Reprographic and telephone recharge income is accounted for when the invoice has been issued.
Dividends from investments are accounted for when receivable.
Bank interest is accounted for when receivable.
## **Expenditure**
Expenditure is recognised on an accruals basis when a liability is incurred or a constructive obligation arises that results in the payment being probable.
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
## **3. Fund accounting**
General funds are available for any purpose of the Methodist Circuit. Designated funds are general funds earmarked by the Circuit's stewards for a particular purpose. Restricted funds are funds which can only be applied for a particular purpose as specified by the donor. Endowment fund capital must be maintained, and any income on this capital is unrestricted.
11
**Skipton & Grassington Methodist Circuit**
## **Notes to the Accounts for the year ended 31st August 2024**
|**4. Donations, grants and legacies**|**General**
**Fund**|**Circuit Model**
**Trust Fund**|**Designated**
**Funds**|**Restricted**
**Funds**|
**Endowmen**
**t Funds**|**2024**
**Total**|2023
Total|
|---|---|---|---|---|---|---|---|
||**£**|**£**|**£**|**£**|**£**|**£**|£|
|District grants|7,977|-|-|-|-|**7,977**|7,413|
|Hetton donations and legacies|4,694|-|-|-|-|**4,694**|59|
|Donations and sundry income|-|-|5,835|1,020|-|**6,855**|558|
|Malhamprojectgrants and donations|3,325|-|-|-|-|**3,325**|3,008|
|**Total**|**15,996**|**-**|**5,835**|**1,020**|**-**|**22,851**|11,038|
|**5. Charitable activities - other**|**General**
**Fund**|**Circuit Model**
**Trust Fund**|**Designated**
**Funds**|**Restricted**
**Funds**|
**Endowmen**
**t Funds**|**2024**
**Total**|2023
Total|
||**£**|**£**|**£**|**£**|**£**|**£**|£|
|Charitable activities - Reprographics|320|-|-|-|-|**320**|454|
|Charitable activities - Sale of stock|-|-|-|-|-|**-**|475|
|Charitable activities - Circuit services|-|-|-|-|-|**-**|-|
|**Total**|**320**|**-**|**-**|**-**|**-**|**320**|929|
|**6. Investment income**|**General**
**Fund**|**Circuit Model**
**Trust Fund**|**Designated**
**Funds**|**Restricted**
**Funds**|
**Endowmen**
**t Funds**|**2024**
**Total**|2023
Total|
||**£**|**£**|**£**|**£**|**£**|**£**|£|
|Rental income|7,552|-|6,056|-|-|**13,608**|18,115|
|Interest/dividends|8,474|5,064|-|-|-|**13,538**|9,398|
|**Total**|**16,026**|**5,064**|**6,056**|**-**|**-**|**27,146**|27,513|
|**7. Payment to Trustees**||||||**2024**|2023|
|||||||**Total**|Total|
|Number of trustees who were paid expenses||||||4|7|
## Nature of the expenses
Trustees only received reimbursement for travel and other costs incurred for the Circuit, and small sums for preaching fees. Total amount paid
4,091 5,319
12
**Skipton & Grassington Methodist Circuit**
## **Notes to the Accounts for the year ended 31st August 2024**
|**8. Fees for examination of the accounts**|||||**2024**|2023|
|---|---|---|---|---|---|---|
||||||**Total**|Total|
||||||**£**|£|
|Independent examiner’s fees for reporting|on the||||**975**|1,075|
|Other fees (eg: advice, accountancy services) paid to the|||||||
|independent examiner or auditor|||||**-**|-|
|**9. Stipends, salaries and other staff costs**|||||**2024**|2023|
||||||**Total**|Total|
|**Staff costs paid during the year**|||||**£**|£|
|**were:**|||||||
|Stipends|||||**60,361**|56,901|
|Ministers' National Insurance & apprentice|levy||||**6,605**|5,751|
|Ministers' superannuation|||||**16,296**|14,487|
|Ministers' expenses|||||**3,857**|4,080|
|Stationing and removal costs|||||**2,623**
|-|
|Employee gross wages, salaries and|||||||
|benefits in kind|||||**13,840**|13,510|
|Employer’s National Insurance costs & apprentice levy|||||**724**|893|
|Employer's pension costs|||||**830**
|-|
|Supernumery costs|||||**1,149**|1,276|
|Total staff costs|||||**106,285**|96,898|
|**Average number of staff (inlcuding ministers) employed during**|||||||
|**the year were:**|||||**3**|3|
|||**Circuit Model**|**Designated**|**Restricted**|**2024**|2023|
|**10. Circuit office costs**|**General Fund**|**Trust Fund**|**Funds**|**Funds**|**Total**|Total|
||**£**|**£**|**£**|**£**|**£**|£|
|Telephone|238|-|-|-
|**238**|365|
|Postage and stationery|557|-|-|-
|**557**|553|
|Photocopying costs|1,761|-|-|-
|**1,761**|1,881|
|Insurance|271|-|-|-
|**271**|240|
|Sundryoffice costs|243|-|-|-
|**243**|280|
|**Total**|**3,070**|**-**|**-**|**-**|**3,070**|3,319|
|**11. Manse running costs**|**General Fund**|**Circuit Model**
**Trust Fund**|**Designated**
**Funds**|**Restricted**
**Funds**|**2024**
**Total**|2023
Total|
||**£**|**£**|**£**|**£**|**£**|£|
|Council tax|7,183|-|-|-
|**7,183**|6,735|
|Water rates|845|-|-|-
|**845**|890|
|Telephone|1,750|-|-|-
|**1,750**|1,389|
|Insurance|1,245|-|-|-
|**1,245**|1,062|
|Sale cost|50|-|-|-
|**50**|-|
|Repairs and maintenance|14,631|-|-|-
|**14,631 **|2,841|
|**Total**|**25,704**|**-**|**-**|**-**|**25,704**|12,917|
|||**Circuit Model**|**Designated**|**Restricted**|**2024**|2023|
|**12. Investment property running costs**|**General Fund**|**Trust Fund**|**Funds**|**Funds**|**Total**|Total|
||**£**|**£**|**£**|**£**|**£**|£|
|Rental property repairs and maintenance|527|-|1,876|-
|**2,403**|6,091|
|Rental property insurance|1,406|-|1,983|-
|**3,389**|2,035|
|Rental property utilities and council tax|889|-|2,828|-
|**3,717**|4,990|
|Rental property management costs|4,231|-|1,132|-
|**5,363**|2,051|
|Sale cost|50|-|50|-
|**100**|-|
|Rentalproperty professional fees|-|-|-|-
|**-**|3,180|
|**Total**|**7,103**|**-**|**7,869**|**-**|**14,972**|18,347|
13
## **Skipton & Grassington Methodist Circuit**
## **Notes to the Accounts for the year ended 31st August 2024**
|**13. Other outgoings**
Investment management costs
CMTF contribution
Accountancy fees
Quinquennial inspection fees
Malham costs
Malham garden costs
Bank charges
Sundry expenses
**Total**
**14. Grants and donations paid**
Trinity - Joel
Trinity - redevelopment project
Collections received and passed on
Bradley Methodist Church - 3Generate
Coniston Hostel
Grassington EPC grant
Pension fund donation refunded
**Total**|**General Fund**
**Circuit Model**
**Trust Fund**
**Designated**
**Funds**
**Restricted**
**Funds**
**Endowment**
**Funds**
**2024**
**Total**
2023
Total
**£**
**£**
**£**
**£**
**£**
**£**
£
146
250
-
-
-
**396**
541
-
2,196
-
-
-
**2,196**
3,917
975
-
-
-
-
**975**
1,075
4,301
-
-
-
-
**4,301**
5,557
5,201
-
-
-
-
**5,201**
4,272
-
-
-
32
-
**32**
891
60
-
-
-
-
**60**
147
224
-
-
-
-
**224**
531|
|---|---|
||**10,907**
**2,446**
**-**
**32**
**-**
**13,385**
16,931|
||**General Fund**
**Circuit Model**
**Trust Fund**
**Designated**
**Funds**
**Restricted**
**Funds**
**Endowment**
**Funds**
**2024**
**Total**
2023
Total
**£**
**£**
**£**
**£**
**£**
**£**
£
2,000
-
-
-
-
**2,000**
2,000
25,000
-
-
-
-
**25,000**
-
-
-
-
1,020
-
**1,020**
-
-
-
-
300
-
**300**
25,300
500
-
-
-
-
**500**
-
-
-
-
-
-
**-**
349
-
(5,000)
-
-
-
**(5,000)**
-|
||**27,500**
**5,000**
**-**
**-**
**1,320**
**-**
**23,820**
**27,649**|
## **15. Tangible Fixed Assets**
|Cost or valuation
Balance brought forward
Additions
Revaluations(+/-)
Disposals(-)
Transfers *(+/-)
Balance carried forward
**Accumulated depreciation**
Balance brought forward
Depreciation charge foryear(-)
Revaluations(+/-)
Disposals(-)
Transfers*(+/-)
Balance carried forward
**Net book value**
Brought forward
Carried forward|**Residential**
**land**
**£**|**Other land**
**£**|**Manses**
**£**|**Other**
**buildings**
**£**|~~**Other fixed**~~
**assets**
**including**
**motor**
**vehicles**
**£**|**Fixtures,**
**fittings and**
**equipment**
**£**|**Total**
**£**|
|---|---|---|---|---|---|---|---|
||||557,000|277,771|||834,771|
|||||||||
|||||||||
|||||||||
|||||||||
||||557,000|277,771|||834,771|
|||||||||
|||||||||
|||||||||
|||||||||
|||||||||
|||||||||
|||||||||
|||||||||
|Brought forward|||557,000|277,771|||834,771|
|Carried forward|||557,000|277,771|||834,771|
There are 2 manses owned by the Circuit. The other property is Malham Chapel which has now been refurbished for mission to visitors, worship by local church and community use.
14
**Skipton & Grassington Methodist Circuit**
## **Notes to the Accounts for the year ended 31st August 2024**
## **16. 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 Trust property, including Legacies, Endowments and Accumulated Funds. Trust property is held for and on behalf of local Managing Trustees who are responsible for the day to day management of trust property. TMCP ensure that, through providing guidance and acting under their direction, the Managing Trustees comply with charity law and Methodist law and policy as determined by the Methodist Conference.
## **Analysis of investment movements**
|**Total**
**Name**
**Type**
Miss A Tattersall bequest
Trustees interest fund
Surplus trusts fund
Trustees interest fund
Mr B T Ackroyd gift
Trustees interest fund
Various gifts
Trustees interest fund
**Investment properties**
20 Sawley Street
Embsay Chapel
Hetton Chapel
**Total**
Carrying (market) value at beginning of year
Add: additions to investments at cost
Less: disposals at carrying value
Net gain/(loss) on revaluation/disposal
Carrying (market) value at end of year
Broughton Road
**Change in investment values**
Investments held with Trustees for Methodist Church Purposes
Investment properties|**2024**
**2023**
**£**
**£**
(see below)
8,374
8,374
475,000
475,000
483,374
483,374
483,374
494,245
-
-
-
(10,745)
-
(126)
483,374
483,374
**Opening**
**value**
**Mvmt in**
**value**
**Disposal of**
**funds**
**Closing**
**market value**
**£**
**£**
**£**
**£**
3,314
-
-
3,314
794
-
-
794
2,016
-
-
2,016
2,250
-
-
2,250|**2024**
**2023**
**£**
**£**
8,374
8,374
475,000
475,000|
|---|---|---|
|||483,374
483,374|
|||483,374
494,245
-
-
-
(10,745)
-
(126)|
|||483,374
483,374|
||8,374
-|-
8,374|
|||**2024**
**2023**
**£**
**£**
25,000
25,000
100,000
100,000
250,000
250,000
100,000
100,000|
|||475,000
475,000|
15
**Skipton & Grassington Methodist Circuit**
## **Notes to the Accounts for the year ended 31st August 2024**
|**17**
**Debtors and Prepayments**
Prepayments
Accrued Income
Loan to Leeds City Mission
**Total Debtors and Prepayments**
The Leeds Mission loan has now been repaid.|**2024**
**2023**
**£**
**£**
8,217
10,207
887
409
- 6,698|
|---|---|
||9,104
17,314|
|||
|**Creditors and Accruals**
**Total Current Liabilities**
Accruals
Deferred Income
**Other Creditors due in over 1 year - grants payable**|**2024**
**2023**
**£**
**£**
1,657
3,354
15,735
9,188|
|---|---|
||17,392
12,542|
|||
||50,000
25,000|
## **18. Creditors and Accruals**
## **19. Future Commitments**
£2,000 committed to support Trinity's Community Link Co-ordinator for a further 12 months.
If Malham were to cease community use and be sold, the grant from the Connexional Property Fund (£90,000) would need to be repaid.
## **20. Analysis of assets by fund**
|**Analysis of assets by fund**||
|---|---|
|**Unrestricted**
**Designated**
**Restricted**
**Endowment**
**Funds**
**Funds**
**Funds**
**Funds**
**£**
**£**
**£**
**£**
Fixed assets
1,032,000
-
277,771
8,374
Current assets
231,628
41,464
661
-
Current liabilities
(17,392)
-
-
-
Long term liabilities
(50,000)
-
-
-
1,196,236
41,464
278,432
8,374|**Total**
**£**
1,318,145
273,753
(17,392)
(50,000)|
||1,524,506|
## Unrestricted funds
The general fund can be used in any way as long as expenditure falls within the objects of the Circuit.
The Circuit Model Trust Fund (CMTF) is unrestricted and can be used in the same way as the general fund.
## Restricted funds
The donations for the Malham fund are to be spent on the Malham Chapel property.
## Designated funds
Designated funds are funds set aside for the Embsay property.
## Endowment funds
These are small permanent endowment funds held by the Trustees for Methodist Church Purposes and from which income received is expendable for any appropriate Circuit purposes.
## Fund analysis
|**Unrestricted funds:**
General fund
CMTF fund
Embsay funds
**Restricted funds:**
Malham fund
Malham garden fund
Collections to be passed on
Long Preston fund
Children and Youth fund
**Endowment funds**|**Balance**
**Balance**
**Brought**
**Carried**
**Forward**
**Income**
**Expenditure**
**Transfers**
**Forward**
**£**
**£**
**£**
**£**
**£**
1,169,360
120,252
(203,515)
64,697
1,150,794
67,521
5,064
2,554
(29,697)
45,442
72,442
11,891
(7,869)
(35,000)
41,464
-
-
277,771
-
-
-
277,771
274
-
(32)
-
242
-
1,020
(1,020)
-
-
2,590
-
(2,590)
-
-
719
-
(300)
-
419
8,374
-
-
-
8,374|
|---|---|
||1,599,051
138,227
(212,772)
-
1,524,506|
16
## **Skipton & Grassington Methodist Circuit DECLARATIONS**
## **Treasurer**
I confirm 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
Name of Treasurer
Address|||
|---|---|---|
||||
||||
## **Presentation to the Circuit Meeting for approval.**
I confirm that the annual report and accounts for the year ended 31 August 2024 were presented to the Circuit Meeting at its meeting on
and were approved. Signature of the Chair of the meeting Name of the Chair of the meeting Date
## **Independent Examiner’s Report on the accounts of the Skipton & Grassington Methodist Circuit**
I report to the trustees on my examination of the Skipton & Grassington Methodist Circuit accounts for the year ended 31[st] August 2024.
## **Responsibilities and basis of report**
As the trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner’s statement**
Since the Charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I 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:
1. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or 2. the accounts do not accord with those records.
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.
I 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.
## **L R Brain FCA**
Dated:
Chartered Accountant 4 Windermere Rise Brighouse West Yorkshire HD6 4FH
17
## **Appendix 1**
## **RESERVES POLICY**
## **Report on behalf of**
Skipton and Grassington Circuit Meeting
## **To**
## Yorkshire West District
We submit our annual report in accordance with the requirements of the Methodist Conference and the Charity Commission guidance in CC19.
- (iii) We have agreed a Reserves Policy which is set out overleaf and is recorded in the trustees’ minutes and our Annual Report
- (I) The trustees have established their mission aims (iv) We recognise the need to be accountable as taking into account all of the resources available in charity trustees for all the money which comes into our hands and will provide further
- terms of people, property and money information as required by the Ci it/Di t i t/C i
- (ii) Mission initiatives/projects have been costed or estimates made of projected future costs which take (v) Our Report is attached overleaf into account the needs of the buildings and the requirements of the Quinquennial Inspection Report/s * please delete as appropriate
## To be completed by Receiving Body
**----- Start of picture text -----**
The
*Circuit Meeting/District received the RESERVES POLICY of
*Church Council/Circuit Meeting/District
Policy accepted and acknowledgement sent to the trustees YES/NO
Policy noted and the following enquiries made of the trustees
Responses received and any further action taken
*Circuit/District
Signatures ……………………………… ……………………………………. Date…………
* Please delete as appropriate
**----- End of picture text -----**
**RESERVES POLICY** of
## **Skipton and Grassington Circuit Meeting**
1. **General** Funds held at Y/E 31/08/2024 £205,700 (1,237,700 less 1,032,000 property) 2. **Restricted** Funds held “ £661 (278,432 less 277,771 property)
3. **Endowment** Funds held “ £8,374
## 4. **Reserves policy for General Funds**
Of the £205,700 General Funds (non-property) £41,464 were designated separately, having come from Embsay Methodist Church’s closure. These are being applied to the ongoing Embsay property costs while we await its sale and towards the costs of ministry from which the former members can benefit.
For the remaining £164,236 the following possible uses were identified:
£69,178 to provide 6 months’ running costs (forecast revenue expenditure for 2024-25) to mitigate unexpected shortfalls in income, emergencies and cash flow variations.
£57,047 Circuit Mission Fund to support the Circuit’s deficit. For reference the forecast revenue deficit for 2024-25 is £31,356.
£17,535 Manse Fund for maintenance and repair and energy efficiency / net zero measures.
£15,476 Church Mission and Property Fund, to allow for grants for church projects (including £2,000 for Trinity’s Community Link Co-ordinator)
£5,000 towards Model Trust Fund levy, which contributes to the wider mission of the Methodist Church
## 5. **Policy for Restricted Funds**
## £242 are funds donated for Malham Chapel’s sensory garden.
£419 are funds drawn down from two former TMCP Trusts to support work with children and youth across the Circuit.
## 6. **Terms relating to Endowment Funds held**
The remaining endowment funds are held by Trustees for Methodist Church Purposes. The Circuit will continue to seek, where permitted, to access the capital to better fulfil the Trusts’ purposes.
|This Reserves Policy has been approved by|**Skipton and Grassington Circuit Meeting**|
|---|---|
|||
|Treasurer|Trustee|
|Full name|Full name|
|Signature|Signature|