THE METHODIST CHURCH REPORT AND ACCOUNTS (ACCRUALS BASIS) for the year ended 31 August 2024 Thirsk & Northallerton Methodist Circuit Registered Charity - Registration number 1133873 Circuit Number 29123 Ministers Rev'd W Arthur Harbottle Rev'd Denise Williamson Circuit Stewards Mr Derek Smith Mrs. Karen Collin Mrs Karen Portsmouth Circuit Treasurer vacant Mrs Karen Collin - oversight of financial management
Thirsk & Northallerton Methodist Circult Trustees. Annual Report For The Year Ended 31st August 2024 Introduction The Trustees present their Annual Accounts for the year ended 31st August 2024. together with the relevant notes. Mission Statement The Circuit's Mission Policy is . "Rooted in Love, so that all may flourish Our aim is to nurture confidence in the love of God Our mission is to encourage all to explore experience and embody the love of God Our vision is of connected and llaboratiVe, local and wider, communities" Revlew of the year Income trends Circuit income is primarily drawn from the assessment paid by the circuit churches and letting of one residential property. Expendlture trends Stipend expenditure has increased each financial year in line with conference approved increases. 16 % of expenditure is the Circuit contribution to the District and Connexion. of which a significant part is used to fund the work of the wider Methodist Church. Fund balances As at 31 August 2024 the net current assets of the Circuit were £434,116. covering anticipated expenditure. Plans for 2024125 Circuit financial plans for the coming year have been prepared on the basis that there will be less than Iwo ordained staff. two full time lay workers with anticipated cost of living salary increases combined with an increase in the assessmenl paid to the district. The circuit is holding extra funds in reserve to help any struggling churches. The Circuit is looking to employ an additional full time lay worker dependent on Circuit need. The Circuit aims to discharge Borrowby Cottage and Chapel and Teplace the Manse in Northallerton viith a more suitable property.
Thirsk & Northallerton Methodlst Circuit Trustees, Annual Report on Finance and Governance For The Year Ended 31st August 2024 Basis of preparation and legal framework The Charity's annual report and accounts for the year ended 31 August 2024 have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS102)(effective 1 January 2015) and the Charities Act 2011. Full Name of Charity Thirsk and Northallerton Methodist Circuit Charlty Reglstratlon Number 1133873 Date of registratlon 28th January 2010 Maln communl¢atlon address Northallerton Methodist Church High Slreet, Northallerton, DL7 8EG Membors The members of the Thirsk & Northallerton 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 Actlve Circult Ministers Rev W Arthur Harbottle Rev Denise Williamson Circuit Stewards Mr Derek Smith Mrs Karen Collin Mrs Karen Portsmouth Adminlstrator Mrs Naomi Hogan Mrs Karen Collin acted as the prSnclpal officer with oversight of the financial management and accounting for the Circuit during the year. Independent examlner :_ Mr G Duncan Fothergill F.C.C.A. Swaleside Accountancy Limited, Old Rectory. South Kilvingion. Thirsk. North Yorkshire Y07 2NL Investment Bankers Central Finan Board of the Methodist Church Trustees for Methodist Church Purposes CAF Bank
Thirsk & Northallerton Methodisl Circuit Circuit Trustees, Annual Report on Flnance and Governance For The Year Ended 31st Augusl 2024 Aims and organisation The Charivs aim is to fulfill the purposes of Ihe Methodist Church within the area around Thirsk & Northallerton. 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 stsndards and discipline of The Methodist Church; b) Any charitable purpose for Ihe 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 SOCTety 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 Methodist Church e>The organisation and resourcing of regular public acts of worship open to members of the church and non members alike. fjThe teaching of Chrlstianlty through sermons. courses and small groups. g}The resourcing of pastoral work including vlslting the sick and bereaved. h>Taking rellglous assemblies in local schools. i)Promotion of Christianity through the staging of events and services. Public Beneflt The circuit produces 8 quarterly preaching plan to ensure regular acts of worshlp tske place In the 8 methodist chapels in the area. We confirm the trustees have had regard to the Charity Commission's guidance on public benefit. Structure. Governance and Management The governing document for the circuit is the Deed of Union (1932) and Melhodist Church Acl (1976). Detailed govemance arrangements are outlined within the Constitutional Practice and Discipline of the Methodist Church by order of the annual Conferen (CPD). Oversight of the circuit is undertaken by the C1Ul1 Meeting on the advice of the Circuit Leadership team . Trustee Training A range of guldance produced by Methodist Connexion to support the effective wnnlng of the clrcuit , specifically the leaflet 'The Role of a Trustee in The Methodist Church, New Circuit meeting members are advised to read this as an Indu¢tlon to their role as trustees.
Thirsk & Northallerton Methodist Circuit Circuit Trustees. Annual Report on Finance and Governance For The Year Ended 31st August 2024 Related Parties The Circuit is part of the Yorkshire North and East District and is also accountable to the Methodist Conferen. The following Methodist Churches are linked to the Circuit ', Appleton Wiske Brompton Northallerton (with Osmotherley) Romanby Sowerby Thirsk (St James Green) Thornton-le-B8ans Reserves Pollcy The Reserves Policy for the Circuit is to hold a minimum sum equivalent to six months, average expendilure of around £58,000., this should enable in the short term the funding of planned activities in the event of any inability to raise the full Circuit Assessment from churches. £34,000 has been thought to be SLfficient to meet any unforeseen item of expenditure on the two manses and one cottage in its care. The Trustees also consider it prudent to provide an amount in case of redundancy of £5,000. The reserves fund the salary and expenses of the Pastoral and Development worker, which is a further £30,300. The total reserve fund required is therefore £127,300
Thirsk And Northallorton Mothodist Circuit Trustee's Annual Report on Flnance and Governance For The Year Ended 31st August 2024 Rlsk Management The Major risks have been identified and recorded by the Circuit Leadership Team with professional advi tsken as required. There is a regular annual review process undertaken and recorded. Safeguarding Every person has a value and dignity which comes directly from th8 creation of male and female in God's own image and likene&s. Christians seg this potential as fulfilled by Gods re-creation of us in Christ. Among other things this implies a duty to value allpeople as bearing the image of God and therefore to protect them from ham7. Methodist Connexional practice outlines commitment to the following principles- . the care and nurture of, and respectful pastoral ministry with, all children, young people and adults . the safeguarding and protection of all children, young people and aduEts when they are vulnerable the establishing of safe. caring communities which provide a loving environment where there is informed vigilance as to the dangers of abuse. We will carefully select and train all those with any responsibility within the Church, in line with Safer Recwitment principles. including the use of criminal records disclosures and registration with the relevant vetting and barring schemes. We will respond without delay to every complaint made which suggests that an adult. child or young person may have been hanned, cooperating with the police and local authorty in any investigation. We will seek to work with anyone who has suffered abuse. developing with them an appropriate ministry of informed pastoral care. . We will seek to challenge any abuse of power, especially by anyone in a posttion of trust. We will seek to offer pastoral care and SUPF)ort. induditlg supervision and referral to the proper authortties, to any member of our church community known to have offended against a child. young person or vulnerable adult. In all these principles we will follow legislation, guidance and recognised good practice The Thirsk and Northallerton Circuit commits itself to ensuring the implementation of Connexional Safeguarding Policy. government legislation, guidance and safe practice in the circuit and in the churches. The Thirsk and Northallerton Circuit commits itself to the provision of support. advice and training for lay and ordained people that will ensure people are clear and confident about their roles and responsibilities in safeguarding and promoting the welfare of children and adults who may be vulnerable.
Thirsk & North•ll•rton Cir¢uit Cir¢uil No.. 29123 Statsmènt of Fsnancial ktivities (SOFA) for the year ended 31 August 2024 Cl01 Mod Deslgnatèd Tru81 Funds A&t8 IUnrestrlGt8dl Iunrestrlctedl lUnro¥lrlctlI Ro•trlcted endowmont Fur Funds Total 31.08.2023 31.082024 Income 1 Donath)ns and leoacies 2 IncDme from monetary investments 3 Incorne from inveslrnent properues 4 Assessrnents on Churches 5 Capltsl Recelpts 6 Grants ¢Ved 7 Othercharitabtè inc0rn8 8 Total Income 1.634 6,300 115,037 22.807 2,741 27,182 6,300 115.037 11A49 6,300 130,512 15,697 138,f•68 80,743 103,550 26,716 1Z4156 29A57 271.675 12.990 210,081 Expenditure 9 Grants and dOnaonS 10 Salaries and 8ssoEiatsd Msts 4883 133,416 637 14622 29,768 133,416 6.637 121,749 11 Property maint*nan 12 connexical assessment & rnodel trus¢ levy 13 Dlstdrt Assessment & Levy 14 DepclaOn 15 0ftSce expenses 16 Otheroutgoings 17 Total charltable •xpondltur• 18 G8lnslllossesl on monelarylnvestments 19 In$l(lI)SsesI on Investment pr(wles 20 N•t incomellexpendtturel 21 Trnnsfers betsveen fund5 22 Othergainslllossesl 23 Nèt mov8m8ni In fund8 14.622 29,768 3,907 25,278 201889 3.907 2Q180 14 218A13 358 650 4020 21138 888 14510 292 14 88.332 40.000 29,801 53.912 11245 60.079 4.142 28.332 29,722 53.912 14245 24Total funds brou8htforwsrd 595,451 311,622 7,700 914773 899.528 25 Totslfvnds orrledforward S81,3 339.9S4 37A22 968,685 914773
Thirsk & Northallerton Circuit Circuit No 2W23 Balance Sheet as at 31 August 2024 Clw¢ult Mod•l t88 10 tha accounts Gonernl Fund {Unrust¢t4d1 Funds Iunrnsthlctsdl Restric Futmjs Endowment Funds {Unr•strIc) T¢)ts1• 2024 Totals 2023 Flxed As$èts Circult Manges & Equipment Inve51menl rope"eS Inv8slments 534.589 534,569 534.589 $34,S69 $34.569 Current Assets D$blors Loans by Ihe CSrcult Investments with TMCP Central Finance Board Dermits Cash at Bank and in hand Total curr•ntassots 3,790 3,790 7.608 339.954 37,422 377,376 62.882 18,575 462.623 319.322 55,447 26,586 408.963 62.882 18,575 85.247 339.954 37,422 Curront liabilltles Crediiors (due In under 1 year) 28,507 28.507 28.759 Total current Ilabllltles Net CUent asselslllabllltles 28,507 56.740 28,507 434,116 28,759 380.204 339.954 37,422 Total ass•ts l•ss cuffgnt Ilablllllgs 591,309 339.954 37.422 968,685 914773 Long tsrm Ilabllltles Idup after more than one yearl Loans to the Circuit Net ass•ts 591.309 9,954 37A22 968.685 914.773 Funds of the Clreult General Fund Unrestricted) Circult Model Trust FuThJ {Unrestrict¢d) Desi ated Funds {Unrestrlcted) Total UnrestrlctedFunds Rèstrietèd Fund$ Endovmient Fund8 591,309 591,309 339,954 595.451 311.622 339,954 931,263 907.073 37.422 37,422 37.422 968,685 7.700 914,773 Total Funds 591.309 339,954 Slgned Clwlt Support Manager
Thlrsk and Northallerton Methodlst Clrcuit Notes to the Aeeourts FIX The Yoar Ended 31st August 2024 l Basls ¢f accountln9 The ftnanclal statements have been prepared under the Charities Act 2011 in accordance vith the 2014 version of Accounting arKI Reportin9 by Charilles.. Statement of Re¢ommended Practl¢e (SORPI applicable lo charttlos prep8ring their a¢¢ounts in accordance with the FinanrAal Reportlng Stsndard for Smaller Enlities appllcable in UK leffectlve from 1 January 20151- the Charities SORP (FRSSEI- In replacement for th8 SORP'S 21)OS verslon specified In its lated 2008 Reoulalions and in accordance wlh the 'tn and fair override, provislon contained Ihereln. 2 Fund8 The funds hèld constltule.. General Funds are ld lor any purpose of the Circult bthich are unrestrfcltd. The C5rcuit Model Trust Fund has wde purposes dafined in Standing Orders, and is cat$gorised as unrestrlcied. Restrt¢le¢J funds are held for narrower purposes . Therè are also the followng Endowment funds as lisled. Details of e8ch malèrtal fund are disclosed in the note 12 to thèse accounts. Any funds may be represented by rnore Ihan Just cash. 3 Ac¢ounting pdl¢l•s Basls These acojunts have been prepared on th8 basls of hlslorical cost except that inv¢slmenls aw shovm at their market value at th8 end of the year. on Ihe accruals basis to show a twe and fair view of the Circull's financial positlon and aclivlUe8. Ineome Recognltlon Income Ss included In the Slalemnt of F[nala1 Activities ISOFAI the Clrcuit becomes enlltted to the r•sources, and the tnJ$lees are rn8sonably certain they recelve the rv60ur¢es, 8nd th& monetary v81ue CAn be measured ¥th sufflcitnt rellabllrty. R¢sour¢es Expended Thig is recognisad ¥then a Ilability Is incurred, or a conslructSv8 obll98lion arises. that results in the payment belng unavoldabl&. Ll8bilitles are recognised 8$ 8oon as 8n oufflow of economrc ben¢fil is consldered more Ilkely than not under the legal or con¥lru¢tlve obligation commltbng the Clrcuil to pay out resources. Grants Grants rnadè by the Clrcuil from 115 t)w) funds ar& teco9nised in full 81 the tlme of agreement or when the Circuit ac¢epls Ihal thère is a leg81 or op8rational obligatlon to make th& paymènt. When the grani is recurrent over more than one year the balanc8 payable in future years 1$ treatèd as a provision for future commitmants in the Balance Sheet agalnsl the approprfaie fund, thè Provlslon 1fty released In futuro yeors as Inslalmgnts 8re pald in ac¢ordance th the oiiginalty ogreed iemis. VAT Slnce the Circull Is not VAT r8gister8d, all input VAT Is charged %slth the expense8 to lchIl lefers. Tangible Ilxèd a$sets for by the Clr¢ult Th 8re ¢apitalised If they can be used for more than one ye8r, and indfvidualty ¢ost al least £1,000. The freahold propety is shown In the &c¢ounls at co$1. No depr¥ciatlon is provided on the buildlngs b8¢ause the twstees Consider the euffent resldual fair valu8 of the manse bulldings lon th8 assumption thai thèy had reached th& end of their usèful trconomic lives by t year-endl lo be not le$8 than ils current value. Any depreciatson Would not be material. The pr¢pertles have been reVie*d for Impainnent. Depreciation on Fixtures Is cakul8led on a straight Ilng basls io MTite off ihe 88Sets over thèir anllcipat8d useful lives. InStment Flxgd asset Invostments are a forni of financial Instrumenl and are Inillally recognised al thèir transaction cost and subsequently measured at f8ir value at the Ba18nce Sheet date, unless ihe value cannol be measured llabty In 1¢h cas$ il is measUd at cost less Impalrment. Investment gains and losses, vthethèr realls¢d or unrealrsed, are combined and prè8ented as 'Gainsl{Los5esl on Inveslments, In the Statement of financlal activitres. Invesimgnl Income In included In the aocounts lthen recefvable and any gain$ or losses on fftvaluation at the ar end are Sho5 In the SOF Debtors •nd Pr•paym•nts Prepayments relalg lo wages 8nd Insurance crStOr$ Creditors include both sundry expenses and specffically the 1st quarter aSSment received in August. Impact of A¢¢ountlng changos A sl¥lement is required if therè has beèn 8ny rest8lemenl required to vIouS r•ported inlom)ation 88 a con8equence of the n&w SORP.
Thirsk & Northallerton Melhodist Circult Notes to the Accounts For The Year Ended 31st August 2024 5. Investment income Clrcuit Model Trust Fund Restricted 2024 Total 2023 Total Unrestricted Income from monetary investments Rental income 1.634 22,807 2,741 27.182 6.300 11.449 6.300 Totsl 7,934 22,807 2,741 33,482 17,749 6. Paid employees Staff Costs paid during the y8ar wore: Gross wages, salaries and benefits in klnd 133.416 121,749 Total staff costs 133.416 121,749 Average number of staff employed duriry the year were: 7. Tangible Flxed Assets Cost or valuation Two Manses Flxtures Total Balance brought fomard Additions at Cost 534,569 16,229 550.798 BalanGe carried forward 534,569 16,229 550.798 Accumulated depreciation: Balance brought forward Depreciation charge for year Balance carried forward 16.229 16,229 16,229 16,229 Net book value Brought forward Carried forward 534.569 534,569 534.569 534.569
Thirsk & Northallerton Methodist Clrcuit Notes To The Accounts (Gont'd) For The Year Endèd 31st August 2024 8. Invèstments The funds that support the Circuit Model Trust 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. Borrowby Methodist Church cottage was valued in the region of £200,000 to £250,000. This property sits within the balance sheet with a nil cost as Borrowby Methodist Church transferred the managaing trusteeship of Borrowby Chapel Cottage to Thirsk & Northallerton Methodist Circuit Analysis of investment movements 2024 2023 Change in investment values Carrying (market) value at beginning of year Net gainl(loss) on revaluation Carrying (market) value at end of year £0 £0
Thlrsk And Northallerton Methodist Circult Notes To The Accounts (cont'd) For The Yèar Ended 31st August 2024 9. Analysis of current assèts Debtors and prepayments Other debtors Totsl debtors and prepayments This year Last year 3,790 3,790 7,608 7,608 Analysis of cash at bank Bank balance held in HSBC Bank (General Account) Bank balance held in CAF Account (General Account> Bank balanc8 held in CFB Bank (D8POSIt Account) Petty Cash Acwunt (bank card) 12.376 14.210 55,447 19,475 62,882 Total Cash and Bank 82,357 82,033 10. Analysls of current Ilabllltles and long term credltors Prepaid Assessments Other Creditors 28,507 28.759 Total Curr8nt Llabilities 28,507 28,759 11. Capital Commltments and Contlngent Liabilities At 31 st August 2024, The C111t had the following capital commitments :. A project to provide a Circutt Worker for the Elderfy for current year at an estimated cost of £30.300 No Contingent liabilities wère identified at 31st August 2024
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Thirsk And Northallerton 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 Date N8me of Treasurer Address K)1>*4 f YLYJ Yo 7 Presentation to the Clrcult Meetlng for approval. I confimi that the annual reporl and accounts for the year ended 31 Aug 2024 were presented to the Circuit Meeting at its meeting on . 2025 and were 8pproved. Signature of the Chair of the meeting Date Name of the Chair of the meeting Rev Kim Hurst Independent Examiner's Report to the Trustees of the Thirsk and Northallerton Circuit This Report is on the Circuit Accounts for the year ended 31 August 2024 Respectlve responsibilities of Trustees and Examlner The Circuit's trustees are responsible for ensuring that the annu81 report and accounts for the year to 31 August 2024 present a true and fair view of the Circuit's income and expenditure for the year and of its ass8ts and liabilities at the balance sheet date. Th8 trust88s consider that an audit is not necessary for this year under Section 144 of th8 Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to- examine the accounts under s8Ction 145 of the Charities Act: to follow the procedures laid down in the general Directions given by the Charity Commission under Section 145(5)(b) of the Charities act; and to state whether particular matters have come to my attention.
Thlrsk and Northallerton Methodist Circuit Basls of Independent Examin•rf$ Report My examination was carried out in accordance with the general directions given by the Charity Commissron. An exarninalion includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items, in nature or scale, or disclosure5 in the accounts, seeking explanations from the Trustees concerning such matters. The procedures undertaken do not provide all the evIdere that would be required in an audit and. consequenlly no opinion is given as to whethor the accounts present a true fair vièw. My r8POrt is limilad lo those matters se¢ out in the Stalement b&low. Independent Examlner's Statement In connection with my examlnatSon, no matter has come to my attention (other than as disclosed below"} (1) which gives me reasonable cause to believe that in any material respect the requirements.. to keep accounting records In accordance with Section 130 of the Charilies Act. . to prepare accounts which accord with the accounllng records and comply with the accounting requirements of the Charities Act have not been met. or (2) to which. in my opinion, attention should be drawn in order to enable a proper understsnding of the accounts to be reached. (3) I have Ihave not. obtained independent verification of all investments with the Trustees for Methodist Church Purposes or held in other trusts, bank balances and funds al the Central Finance Board of the Methodist Church which are individually in exc8ss of £10,000 (ten thousand pounds) at the balan sheet date. Name of independent examiner MR G DUNCAN FOTHERGILL F.C.C.A. Slgnature of independent examiner Relevant ProfessSonal qualification of independent examlner F.C.C.A. Name of fin {where appropriate) SWALESIDE ACCOUNTANCY LTD Address Old Rectory, South Kllvlngton. Thirsk, North Yorkshire Y07 2NL Date 1010212025
Thlrsk and Northallerton Methodist Circuit Clrcuit M••ting M•mb•rship As At 31 st August 2024 Appendix A MINISTERS Rev W Arthur Harbottle Rev Denise Williamson SUPERNUMERARY MINISTERS Rev lan Johnson Rev Michael Webster LAYWORKER Mrs Naomi Hogan Mrs Helen Mccormack CIRcurr STEWARDS Mr Derek Smith Ms Karen Collin Mrs Karen Portsmouth CIRCUIT PROPERTY OFFICER Mr Alex Lynn CIRCUIT LOCAL PREACHERS AND WORSHIP LEADERS REPRESENTATIVES Mrs Kathryn Walker DISTRICT MWIP Mrs June Anderson CIRCUIT SAFEGUARDING CO-ORDINATOR Mrs Eileen Wrightson CIRCUIT CHURCH REPRESENTATIVES Appleton Wiske Mr Rob Portsmouth Brompton Mr Tony Brown Northallerton Mrs Alana Barney Romanby Mrs Thelma Richardson Sowerby Mrs Audrey Powell St Jame5 Green. Thirsk Mrs Judith Walker Thornton -Le-Beans Mrs Brenda Dennison Miss Megan Turner Mrs Lesley Hansen Mr Bill Harker Mrs Catherine Wood Mrs Lynne Sharp Mrs Karen Collin Mr Kevin Baker Mr Richard Warren Mr Mark Reynolds Mrs Dot Mccrea Mr Andy Dalby