A k Derbyshire North East Methodist Circuit Derbyshire North East Methodist Circuit Trustees, Annual Report and Financial Statements For the period: 1s1 September 2023 to 31 St of August 2024 Charity Number: 11337996 Principal address: Central Methodist Church 38 Saltergate Chesterfield Derbyshire S40 1UH
b Dérbyshire North East Meihodisl Circuil Trustees, Annual report for the year ended 3151 August 2024 Ob"ectives and Activities: The Circuit's Charitable objectives are those of the Methodist Church, set out in the Methodist Church Act 1976.. The purposes of the Methodist Church are and shall be deemed to have been since the date of union the advancement of.. (a) the Christian faith in accordance with the doctrinal standards and the discipline of the Methodist Church. (b) any charitable purpose for the time being of any Connexional, district, circuit, local or other organisation of the Methodist Church. (c) any charitable purpose for the time being of any society or institution subsidiary or ancillary to the Methodist Church. (d) any purpose for the time being of any charity being a charity subsidiary or ancillary to the Methodi.8t Church. Names of the Trustees who mana e the charit Dates acted if not for whole year Until 3118/24 Until 3118124 Name of body entitled to appoint trustee Circuit Meeting Connexion Trustee name Office (if any) Alison Adair Revd Sean Adair Superintendent Minister and Chair of Trustees Deborah Andrews Gillian Ashton Steven Atkins Frank Bacon Revd Michael Bowman Norman Buck Revd Mark Carrick Margaret Chinner Terry Clarke Glenys Clinton Hazel Collins June Co John Cowie Gillian Dal Valerie Davies Vivien Dent John Fidler Revd Geoffrey Fisher Jean Fisher Alyson Franks Norma Graham Valerie Gratton David Green Sheila Green Revd Richard Harris Revd Tracey Harris John Hawkins From 18/6124 Until 1816/24 Circuit Meeting Circuit Meeting Circuit Meeting Circuit Meeting Circuit Meetin Circuit Meetin Connexion Circuit Meeting Circuit Meeting Circuit Meetin Circuit Meetin Circuit Meetin Circuit Meetin Circuit Meeting Circuit Meeting Circuit Meeting Circuit Meeting Circuit Meeting Circuit Meeting Circuit Meeting Circuit Meetin Circuit Meetin Circuit Meetin Circuit Meetin Connexion Connexion Circuit Meetin Su ernumerar Circuit Steward Circuit Minister Minister Circuit Safeguardin Officer Circuit Steward Circuit Meeting Secretary Circuit Steward Until 19/12123 Until 1219123 Supernumerary Minister Until 31/8124 Circuit Pastoral Worker Until 1 /6/24 Circuit Minister Circuit Minister Circuit Steward from 2815/24 Until 31/8/24
A k Derbyshlre North East r4 V Melhodisl Ciicvil Trustees, Annual report for the year ended 31 ¥t Augvst 2024 Jonathan Hood Allison Hunt Ro er Jones Jill King Revd Paul King Circuit Community Pioneer Circuit Meeting Circuit Meeting Circuit Meeting Circuit Meetin Circuit Meeting Circuit Steward Supernumerary Minister and Ecumenical Officer George Lewis Hazel Madin Jean Metcalfe Louise Mouiit Sarah Mount Revd Margaret Mwailu Revd Gill Newton Until 1914124 Circuit Meetin Circuit Meetin Circuit Meeting Circuit Meeting Circuit Meeting Connexion Connexion Circuit Minister Titular Superintendent Minister and Chair of Trustees Until 3118124 From 119124 Lois Newton Ruth Oscroft Jill Ramsdale David Riley Margaret Rowle Patrick Sabin Ruth Sadler David Slater Michael S riggs Hazel Stim son Thomas Sur Agnes Tranter Eric Vau han Circuit Meeting Circuit Meeting Circuit Meeting Circuit Meeting Circuit Meeting Circuit Meeting Circuit Meeting Circuit Meetin Circuit Meeting Circuit Meeting Circuit Meeting Circuit Meeting Circuit Meeting Circuit Meeting Safeguarding Officer Circuit Youn Safeguardin People's Pioneer Officer From 1514/24 Richard Vintin Local Preachers and Worship Leaders Secretar Circuit Steward from 28/5124 Until 20111124 Angela Walker Susan Walker Malcolm Webster Nicholas Whitworth Linda Wickins Noeline Wilkins Circuit Meeting Circuit Meeting Circuit Meeting Circuit Meeting Circuit Meetin Circuit Meeting From 2416124 Until 1816124 Leadershi and Mana ement Leadership and the day-to-day management of the circuit, its finances, properties and activities are exercised by The Circuit Leadership Team which consists of the Circuit Superintendent, other Circuit ministers, Circuit Young People's Pioneer, Circuit Community Pioneer, and Circuit Stewards (as named above). In addition, the Circuit employs administrative staff. Summar of Activities: Much of the activity in relation to the circuit's objectives is undertaken by local churches, which are interconnected at Circuit level for the purposes of mission, mutual encouragement, and help. The tasks of the Circuit are.. a) to make invitations to Ministers b) to appoint and manage lay employees
Derbyshlre North East Trustees, Annual report for the year ended 31yl August 2024 c) organisation of preachers, including accreditation of new preachers, ongoing review, and through publication of the quarterly preaching plan allocation of accredited preachers to take all services d) to develop Circuit policies and maintain a strategic Circuit Mission Plan. e) to promote new initiatives in line with Circuit Policy, but outside the scope of existing churches acting individually f) to facilitate the sharing of activities and resources across the churches of the Circuit g) to manage the Circuit Budget to develop new initiatives, and to enable financial contributions to support the work of District and Connexion. h) to provide manses of appropriate standard for Presbyters stationed within the Circuit i) to encourage the sharing together in complementary ways of lay and ordained staff in every part of the work of ministry j) to provide practical help in training and equipping churches for the tasks which they undertake. k) to ensure that the procedures for safeguarding children, young people and vulnerable adults are strictly followed. In undertaking these activities, the Circuit Trustees exercise due regard in ensuring compliance with the Charity Commission's guidance on public benefit and on charities for the advancement of religion. The ongoing activities of the fourteen individual churches within the Circuit, which with one exception (Central Methodist Church, Chesterfield) are exempted charities, included.. 1. Public acts of worship on Sundays and other days at churches, or online. Services are led by ministers, local (lay) preachers and worship leaders. At year end the combined church membership stood provisionally at 584. 2. Activities for children and young people across various churches within the circuit. 3. Public availability of pastoral assistance. 4. Arrangement of weddings, baptisms, and funerals. 5. Availability of church premises for lettings for approved purposes to external organisations, subject to individual church councils, agreement. Contribution of Volunteers: The managing trustees all serve in an voluntary capacity with the exception of presbyters stationed within the circuit who receive stipends and those lay employees who act as trustees who each receive a salary from the Circuit. Achievements: l. The circuit continued to support the work of its fourteen churches in many ways. 2. Public acts of worship were held regularly on Sundays at each church in the Circuit, whilst certain services were hybrid services enabling those unable to attend in person to participate online. 3. In addition to public worship, missional activities have continued to take place at various places across the circuit including children's activities. toddlers, groups and messy church events. 4. Several churches have also been active in providing support for their local community through initiatives such as coffee morning; luncheon clubs for those who live alone and by hosting warm spaces, the latter often being grant funded by the local authority. 5. Churches across the circuit have also provided meeting places for a variety of external community organisations, many of which enjoy a close relationship with the churches beyond the formal letting agreements which apply. 6. Ministry across the circuit was exercised by five presbyters in pastoral charge of the fourteen churches, supported by supernumerary ministers and accredited local preachers, who together preached at over 750 public acts of worship during the year. Training and monitoring of local preachers and worship leaders took place across the circuit principally through the quarterly Circuit leaders of Worship and Preachers, meeting. 7. At the end of the year, Rev. Sean Adair completed his term as superintendent minister of the circuit to become a minister without appointment to undertake academic research within the Methodist Church. Also at the year end, Rev. Tracey Harris was stationed to the Derby Circuit and Rev.
a k Deibyshlre North E8$t Margaret Mwailu retired. Rev. Richard Harris and Rev. Mark Carrick were set to continue their ministry in the Circuit until 2028 and 2030 respectively. 8. Since the policy was to retain three full time presbyters, the Circuit entered into the Connexional stationing process but failed to obtain by this route a new minister to take up a five-year appointment from September 2024. It was instead agreed to a seek a local lay pastor, and the appointment of Mr. Bradley Goddon-smith was made just before the year end, to commence in September 2024. To assist with ordained staffing, Rev. Debbie Hodgson, a supernumerary minister already living and worshipping in the Circuit, indicated a willingness to undertake a temporary part- time appointment from January 2025. In this way the circuit adjusted its future staffing for at least the short term while it considered further whether to enter the stationing process for 2026. 9. Following the resignation of the Circuit Youth Worker in August 2023, a new part-time post of Circuit Young People's Pioneer was created, and Mr. Thomas Surgay was duly appointed to that role in January 2024. 10. In view of the increasing shortage of Circuit stewards likely to be available to continue serving in future years, Mr. Alexander Bradley was appointed part-time Circuit Office Manager just before the year end, to commence in September 2024. This was to help increase the capacity of the Circuit office to fulfil mainly financial and property-related functions, Circuit stewards, would in accordance with standing orders retain on behalf of the Circuit Meeting the responsibility for oversight in these respects. 11 . The five manses for which the circuit is responsible were maintained by the Circuit to ensure that the accommodation needs of presbyters and their families were met. With up to three manses surplus to requirements from September 2024, the Circuit agreed that the Bolsover manse would be sold, and the Loundsley Green manse let, with options to retain or otherwise dispose of the Hasland manse left open pending a clearer assessment of need during 2024125. 12. Further quinquennial inspections were undertaken at six churches and four manses. The Circuit includes in its five-year rolling programme of property inspections all local church buildings as well as its own properties. 13. The circuit has continued to work in partnership with The Freedom Community project, a Christian charity working to support people who are struggling with poverty in the Bolsover area. During the ye.ar, the former Hillstown Methodist Church building continued to accommodate the charities foodbank and administrative offices, however, by year-end, due to an opportunity to move to larger premises, notice had been given to vacate the property, which was rented from the circuit, initiating discussions on the future of the building. 14. Safeguarding training and DBS checks were varied out as required for presbyters, lay employees and volunteers across the circuit and its churches in accordance with the safeguarding policies of the Connexion, the Circuit, and of local churches. Trustees, Annual report for the year ended 31st August 2024 Data Protection Compliance with data protection legislation as required by the General Data Protection Regulation (2018) was maintained for the circuit and its local churches through the annual data protection checklist process mandated by the Trustees for Methodist Church Purposes. Grants: The Circuit may from time to time make grants to its constituent churches, individuals and to external beneficiaries in support of any purpose consistent with the provisions of CPD and the Calling of the Methodist Church, subject to the agreement of the Circuit Meeting and that of the District and Connexion where relevant. Fundin model: The Circuit is funded principally by contributions from its individual local churches.
A k Derbyshlre North Easl Trustees. Annual report for the year ended 31 ¥t August 2024 Reserves Polic It is the policy of the Circuit to maintain liquid funds equivalent to at least six months, operational expenditure. This is principally the costs of the ministers, stipends, lay employees, salaries, routine property maintenance, travel and other expenses and the payment of the District Assessment. During the year, the Circuit was able to maintain reserves above the policy minimum although year-on-year cash balances have declined. Declaration: The Trustees declare that they have approved the trustees, report as above Signed on behalf of the charity's trustees., i Name.. Rev Gill Newton Name: Mr Roger Jones Position: Superintendent Minister and Chair of the Trustees Signed: Position.. Senior Circuit Steward and Named Treasurer Signed.. Date.. 26 March 2025 Date: 26 March 2025
DERBYSHI NORTH Et AST MI4 THODIST CIRCUIT FINANCIAL STATLMENTS FOR THE YEAR Iif4DID 31 AUGUST 2024
DEI RBYSHlliE NORTH EI AST MEI THODIST CIRCUIT riINANCIAL STATEMENTS riOR THE YEIAR ENDIID 31 AUGUST 2024 CLIENT'S CERTIFICATE We appi'ove tlie financial stateineiits of the Cliestei'field Metliodist Circuit for tlie yeai. ended 31 August 2024 wliicli coinpi'ise the staiidard form of accounts 2( nd the related notes. Signed on behalf of tlie Circuit Meeting on 26 Mai'cli 2025 Mr R Joiies - Ti'easui-er
Circuit Accruals Accounts 2023-2024 THE METHODIST CHURCH REPORT AND ACCOUNTS (ACCRUALS BASIS) for the year ended 31 August 2024 Derbyshire North East Methodist Circuit Registered Charity - Registration number 1133796 District No I Circuit No 25.02 Ministers Rev Sean Adair Rev Richard Harris Rev Mark Carrick Rev Gill Newton (Appointed 1 September 2024 as Titular Superinlendenl Minister I Circuit Stewards Mr Norman Buck Mrs Gill Daly Mrs June Cope (Resigned 13 December 20231_.---_.-__ Mr John Hawkins (Appointed 28 May 2024} Mrs Ang_ela Walker_(Appoinled 28 Ma_y_20241_____ Circuit Treasurer Mr Roger Jones
Name of Circuil Derbyshire North East Methodist Clrcult Circuil No 25102 Statement of Financial Activities {SOFA) for the year ended 31 August 2024 Noies to Lircuit Mouei Deslgnated the General Fund Trust Fynds account5 IUnrestrl¢tedl IUnrestrictÈdl lunre5trictedl RestrScted Endowrnent Fund5 Funds Total 2023-24 Income Donalions and legacie5 2 Income from tnonetary invpsttnenls 3 Incotne from investment properties 4 A55e5smenls on Churches 5 Capital Receipls 6 Gr8nts retsived 7 Other charilable income 8 Total Income Expenditure g Giants and don3lion5 10 Salaries and asso¢ialed ¢osls 11 Property mainlenance 12 Connexional assessmenl & model trust levy 13 District A5s25sment & Levy 14 Depreaa(ion 15 Office expenses 16 Olh8r oulgoings 17 Total charitable expenditure 18 Gain51llossesl on monelary investmen15 19 Gainsllloss8sl on inveslmenl propertle5 20 Net incomellexpenditurel 21 Transfer5 between funds 22 Other gainslllogsesl 23 Net movement in funds 24 Tolal funds brought lorw8rd 25 Total fund5 carried forward 50,084 2,750 10,000 219,810 23,786 12,859 73,870 15,609 10.000 219,810 29,600 68 29.668 29,600 68 348.957 2,266 254,707 52,494 2.266 301,928 52,494 10 11 68,043 77,763 4,875 4,87S 13,SS8 452.904 973 49,664 183,3101 1,190 1,197 48,448 393,556 973 49,664 49,664 1110,9121 76,229 26,688 191,0851 118,7501 14,856 59.595 3,894 109.259 32,581 3,002,755 28.667 3,112,014 59,595 64.397 244,809 180.412 141,256 106,573 3.421.381 3.427,666
Name of Circuit Derbyshire NoTth East Methodist Circuit Ciicuil No 25102 statement of Financial Activities (SOFA) for the year ended 31 August 2023 Notes to Circult Model DesignatÈd the General Fund Trust Funds Regtrlcted Endowfflent account5 IUnTÈStrictedl IUnrestri¢ledl lunrestrictedl Funds Funds Total 2022-23 Income 1 Donations and legacies 2 Income from monetary investsnents 3 Income fioffl Investtnent properties 4 Assessm8nls on Chuiche5 5 Capital Receipts 6 Giant5 received 7 Other charilable income 8 Total income Expènditure 9 Grants and donations 10 Salaries and associated costs 11 Properly maintenance 12 Connexional assessment & model trust levy 13 Dislri¢l Asse5Stnent & Levy 14 Depreci31ion 15 Office expenses 16 Other outgoings 17 Total charitable expenditUTO 18 G2insll1ossesl on monel8ry investments 19 Gain51llossesl on inveslrnenl propertie5 20 Net incotnellexpendlturel 21 Transfers between funds 22 Other gainslllossesl 23 Net movement in funds 24 Total funds broughl forward 25 Total funds carried forward 30,094 2.449 10,000 219,808 30.094 12.192 10,000 219,80B 9,743 29,600 29,600 262,351 9,743 301,694 1,283 258,681 37,165 1,333 2,616 298,25B 37,165 10 39,377 66,038 15,097 81,135 3,972 10,433 377,772 3,972 12,667 435 813 15581 47,550 187,1271 906 1,328 40,705 15581 47,550 47,550 111S,4211 50.000 18.1511 165,0001 111,1051 15,000 387,205 434,755 28,666 2,568,000 32,561 3,002,755 387,20S 300,078 3.121,303 0 3,421,381 65.421 206.677 141,256 173,151 317,960 244.809
Name Df Circuil Derbyshire North East Methodist Circuit Circuit No 25 102 Balance Sheet as at 31 August 2024 GN General Fund Iunreslrlctedl Clr¢ult Model Trusts (Unrestricted) Deslgnated Fund5 IUnTestrictedl Restricte Funds Endowtnellt Funds Totals 2024123 Totals 2022123 Notes to the Accounls Flxed Assets Circuil Manses & E Investment ro erties Snveslments ment 12 13 2,544.800 567,214 2,544.800 567.214 2,485,205 517.550 Tolal flxed assets 3,112,014 3,112,014 3,002.765 Current Assets Debto Loan5 b the Clrcult Investments with TMCP Cenlral Finance Board De Cash al Bank and in hand ro(al current assets 14 47,603 47,603 16,829 14 14 14 160,412 180,412 60,108 77,357 365,480 244.8D9 90,841 106,095 458,574 osits 60,108 48,690 156,401 28,S67 28.667 180,412 Ciedilors due in under 1 Gran15 p8y3ble within 2021-22 Total Current Ilabllllles Net currenÉ a5sels/ll8bllltles ear 15 49,828 49,828 39,948 49,828 106,573 49,828 315,652 39,948 418626 180,412 Total assets less currei?I liabililffjes 106.S73 180,412 28,667 3,112,014 3,427,666 3,421,381 Long term Ilabilltles due alter more than one Granls abse after 2021-22 Loans lo the Circuit ear Net assets 106,673 180,412 28,667 3,112,014 3,427,666 3,421,381 Funds or the Clrcult General Fund Unreslricled Circuit Model Tiusl Funé Iunreslricledl Designaied Funds lun$trIcIedl Tolal Unreslrlcled Funds Reslricted Funds Endo%vmenl Funds 106 573 106,573 180,4fj2 28,687 315,652 3,112.014 141,258 244,809 32,561 418,628 3,002,755 180,412 28,667 3,112,044 Total Funds 106,573 180,412 28,667 3,112.014 3,427.866 3,421,381 Signed Circuit Treasurer
Derbyshire North East Methodist Circuit Notes to the Accounts l Basis of accounting The Charity constitue5 3 public benefit entity as defined by FRS 102. The financial 5tatement5 have been prepared In accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice ISOFIPI applicable to charitleg preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021, the Charitie5 Act 20113nd UK Generally Accepted Accountlng Practice. The financial staterrent5 have been prepared to 8ive a'lrue and fair, view and have departed from the Charlties IAccount and Repoitsl Regulations 2008 only to the extent required to provide a'rrue and fair view, This depaiture ha5 involved followlng the Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial RepDrting Standard applicBble in the UK and Republic of Irel3nd IFRS 1021 issued in October 2019 rather than the Accovnting and Reportln8 by Charities: Statement ol Recommended Pracrlee effective Irorn l April 2005 which has since been withdrawn. 2 Funds The funds held constitute.. General Funds held for any purpose of the Circuit which are Unrestricted. The Cirtult Model Trust Fund has wide purposes defined in Standing Orders and is categorised as unrestricted. Restricted funds which ère held for a narrower purpose There are no Endowment funds. Details of each materlal fund are disclosed in the final note to these accounts. Any funds may be represented by more than just cash. 3 Accounting policies Basis These accounts have been prepared on the basi5 01 historical cost, modified to include certaln items at fair value, on the accruals basis to show a true and fair view ol the CirEUlt's financial posltion and activitles. Income Recognition Income is included in the Statement of Financial Activitle5 ISOFAI when the Circuii becomes entitled to the resources, and the trustees are reasonably certain they will receive the resource5,' and the monetary value can be measured with sufflclent reliabilitv. Expenditure Expenditure is recogni5ed when 8 liability Is incurred, or a Constructive obllgation arises, that results in the payment being unavoidable. LiabiSitles are recogni5ed a5 soon as an outflow of econornic benefit is considered more likely than not under the legal or constructive obligation committing the Circuit to pay out resouTce5. Grants Grant5 made by the CiTCUlt from its own funds are recogni5ed in full at the time of agreement or when the Circult accepts that there Is a legal or operational obligation to make the payment, When the grant is recurrent OV2r more than one year the balance payable In future years is treated as a provision for future comrnitments in the 8alance Sheet against the approprlate fund, the provision being released in future years 85 instalments are paid in accordance wSth the originally 3greed terms. VAT Since the Clrcuit is not VAT registered, all input VAT is charged with the expenses to which it refers. Tangible fixed assets for use by the Circuit These are capitalised if they can be used for more than one year, and individually cost at least £1,000. The freehold property is shown in the accounts at fair market valve. No depreciation Is provided on the buildings bec3use the trustees consider the current residual fair value of the manse buildings lon the a55umption that it had reached the end of Its useful economic life by the year-endl to be not less than it5 curient value. Any depreciBtion would not be material. The property has been reviewed for impairment. Investment Properties Investment property is held lor the long term purposes of the charity and 15 St3ted at fair market value, wilh any g8S or losses on revaluation at the year end included in the SOFA. Investments Investments are valued in the b31ance sheet Bt rn3rket value at thE year end. Investment income is Included in the accounts when receivable and any gains or1055e5 on revaluation at the year end are shown in the SOFA. Debtors and Prepayments Debtors and prepayments are recognised at the settlement amount after any trade discounts offered. Creditors and provisions Credltors and provisions are reco8n15e(J when there 15 an 001Sgation at the baiante sheet date a5 a result ot a past event, it Is probable that a transfer of economic benefit will be required in settlement, and the amount of Settlement can be estimat2d reliably.
Derb shire North East Methodist Circuit 4. Donations and legacies 2023 Total Unrestricted Circuit Model Trust Fund 2024 Restricted Total Donations Legacies Total 50,084 20000 3786 23,786 70,084 3,786 73,870 30,094 50,084 30,094 5. Investment income Unrestricted Circuit Model Trust Fund 2024 Total 2023 Total Restricted Central Finance Board other Total 2,750 11,147 1,712 12,859 13,897 1,712 15,609 2,449 9,743 12,192 2,750 6. Income from investment properties Unrestricted Clrcuit Model Trust Fur)d 2024 2023 Total Restricted Total Rent received 10,000 10,000 10,000 Total 10,000 10,000 10,000
Derbyshire North East Methodist Circuit 7. Grants and Donatlong Grant5 and donations a5 listed below were agreed and paid during the year Local churches Mi55ion grants fund Other donation5 1,000.00 1,085.00 181.00 8. Payment5 to Trustees Thi5 year Last year Payments made to trustees for additlDnal services provided to the Circuit by agreement with the Clrcuit Meeting Number of trustees who were pald expenses None None Nature of the expenses Expense payments primarily relate to relmbursement for travel and computlng costs Total amount paid 9. Fees lor examination or audlt tst the accounts Independent examlner's or auditors, fees for reportlng on the account5 1,002 984 Other fees leB.' advice, accountancy services) paid to the independent examiner or auditor 240 246 10, PaSd employee5 Staff Costs paid during the ye3r were.. Gr055 wages, salaries and benefit5 in kind Employer's National Insurance costs Pension costs Redundancy cost Total staff costs 221,381 18,712 40.936 221,183 18,296 41,059 281,029 280,538 Average number of staff employeed durlng the year were.. io io No empSoyee5 recelved employment beneflt of more than £60,000 Other stafl cost5 pald durlng the year were.. Travel Telephone Resources Totkl other staff cost5 11,220 6,047 3,632 20,899 8,379 5,751 3,590 17,720 Total statf salarles and a550ciated costs 301,928 298.258 11. Propertv COSts Property Costs . Manses Repair5 Refurblshment Insurance Council Tax Water Other Total Manse expenditure 14,340 6.281 5,457 12,593 3,131 16,973 52,494 5,337 11.992 2,727 10,828 37,165 other property costs Investment property cost5 Costs in respect of property sold during the year Total other property cost5 Total property cost5 52,494 37,165
Derbyshire North East Methodist Circuit 14. Analysis of current asset5 This year Last year Debtors and prepayments Pre paid assessments Accrued income 40,833 Other debtors 6,770 16,829 Total debtors and prepayments 47,603 16,829 Investments with TMCP Trustee5 interest fund 166,869 232,239 CFB managed mixed fund Total Investments with TMCP 13,543 12,570 180,412 244,809 Change in investment value5 Carrying Imarketl value at beginning of year Add,, additions to investments at cost 12,570 13,127 Less: disposals at carrying value Net gainlllossl on revaluation Carrying Imarketl value at end of year 973 -557 13,543 12,570 Analysis of cash at bank Bank balance held in CAF 77,357 106,095 Bank balance held in CF8 60,108 90,841 Total Cash and Bank 137,465 196,936 15. Ana5ysis of current liabilities and long term creditors Income in Advance 42,352 39,252 Other Creditors 7,476 696 Total Current Liabilitie5 49,828 39,948 16. Capital Commitments and Contingent Liabllities At the 315t August 2024 the Circuit has no capital commitments. No Contingent 5iabilities were identified at 31st August 2024.
Illlll 111 11 1111
Name of Circuit . .DERBYSHIRE NORTH EAST METHODIST CIRCUIT No..25.02 Declarations and Scrutiny I confirm that these accruals-based accounts for the year to 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 and address of treasurer . Roger Jones. . 2 Cuttholme Close, Chesterfield Post Code...S40 4PZ. Presentation to the Circuit meeting I confirm that the annual report and accounts for the year ended 31 August 2024 were presented to the Circuit meeting held on Signature of the Chair of the meeting Name ofthe Chairofthe meeting .RevGill Newton.................... Date . &6 Independent Examiner's Report to the Trustees of the DERBYSHIRE NORTH EAST METHODIST Circuit Charity Number 1133796 Responsibilities and basis of report I report to the trustees on my examination of the accounts of the Derbyshire North East Methodist Circuit for the year ended 31 August 2024 set out on pages 2 to 10. As the Circuit's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act,). 5 report in respect of my examination of the Circuit's accounts carried out under section 145 of the 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. li
Name ofcircuit. .DERBYSHIRE NORTH EAST METHODIST CIRCUIT............ No. .25.02.... Independent Examiner's Statement The Circuit's gross income exceeded £250,000 and l am qualified to undertake the examination by being a qualified member of The Institute of Chartered Accountants in England and Wales. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which give me cause to believe that in, any material respect.. the accounting records were not kept in accordance with section 130 of the Act. or the accounts do not accord with the accounting records; or 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 the trustees, annual report is not consistent with the accounts. 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. I have not obtained independent verification of all investments with the Trustees for Methodist Church Purposes or held in other trusts, bank balances and funds at the Central Finance Board of the Methodist Church which are individually in excess of £10,000 (ten thousand pounds) at the balance sheet date. Signature of independent examiner Name of independent examiner -Julie Holderness Relevant professional qualification of independent examiner." Institute of Chartered Accountants in England and Wales Name of firm.. .RoddisTaylor Robinson................................................ Address .Unit6 Acorn Business Park, Woodseats Close, Sheffield....................................... Post Code S8 OTB Date.... 12