Charity registration numbgr 1134D40 (England and Walès) EALING TRINITY CIRCUIT OF THE METHODIST CHURCH (35124) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 EALING TRINITY CIRCUIT OF THE METHODIST CHURCH (35124) LEGAL AND ADMINISTRATIVE INFORMATION Ordalned Trust••s Revd Dr st￿en Day (supen￿1erpknt Mir¥sterl Revd Or Jonalhan {CTrChair Lcndon Di5trct} Revd Faith Nyota {Ch•r of Lorylon LkstrKI) Revd Susan Male Revd Aiay &ngh Removed 31 Aug 2025 Appointed 1 Sept 2025 Clrcull Stgward$ Fleur Halherall Jane H¢)pwith Stephen Sears IciTCLNiTrea5urerl Karen ￿ltehoUSe George Mawh Lay Trustses Removed 31 Aug 2025 Swn(Hi Bhatti Michael Brown Hector Chidiya Sybil Cort>in Samuel o￿le1 Clwdette Hans Mwtin Kingsnorth George Laffor(I Janet malamal￿ThOmas Hwmash Ma￿h Rc*in Masih Derek Matthew5 Brian Kknis S￿vIa Murray Michael Pidoux Hden p￿smilh Louise Singleton Vinnette Small Catherin8 Thomas Matthew Whilehouse CalherM* lthi1eh￿Ig8 Paul Ihllliams Gtynis Forbes Romic Masih Charfes Wiredu Removed 31 Aug 2025 Appointed 24 Sept 2025 Appointed 3 Dec 2025 APk￿lled 1 Sept 2025 Removed 31 Aug 2025 App￿nIe¢ll Sept 2025 Appointed 1 Sept 2025 Appointed 1 Sept 2025 Appoinle(123 Mar 2025 Charfly number 1134040 EALING TRINITY CIRCUIT OF THE METHODIST CHURCH (35124) LEGAL AND ADMINISTRATIVE INFORMATION Audltor Nunn Hayward LLP First Fk)or, Sheraton Htxjse L¢)wer Road Ch(KleywotKI Hertlordslmre Uniled Kingdom WD3 5LH Bankers B￿lay$ Bank PIC 53 The Broadway EaliThJ Lonthn W5 5JS Invèstmont advlsors Centr81 Fiiarte Board ol the Church 9 Bonhil Street Lcffldon EC2A4PE Trusl8es ts mat￿$1 Clxjrth Purposes Central BuihJir¥Js Oldham Street Manchester M1 1JQ EALING TRINITY CIRCUIT OF THE METHODIST CHURCH (35124) CONTENTS Pagg Trustees. report Slalement of Trustees, respon￿bilItIeS IndeFendenl au(Ilols rer*Yt 8-10 Slalement of ffinarKia activibes 11 BalarKe sheet 12 Slatemenl of cash flows 13 Notes to the financial slatemenls 14-27 EALING TRINITY CIRCUIT OF THE METHODIST CHURCH (35124) TRUSTEES, REPORT FOR THE YEAR ENDED 31 AUGUST 2025 The Trustees present their report and financial sl*ments for Ihe year ended 31 A￿￿$1 2025. The Trustees have adopted provisions of the Statement of Recommended Practice ISORPI -Accountiry and Reporting by Charities" IFRS 102> in preparing the annual report fmarkial stalemenls of charity. The finanthal statements have been prepwed in accordarKe with the acLOLmling policies set out in note 110 the financial slalements and compty with th8 Circuit's wvemiro doeumenl, Charitiès Ad 2011 and -A￿unts.ng and Reporting by Charities.. Slalemenl of Recc#nmeFKled Prxtice applicable to charities preparing their acco￿1$ in accordan￿ with Ihe FinarKial ReF¥J1ing StarKlard in the UK and Republic of Ireland IFRS 1021 leffective 1 January 2019).. Oblo¢tlv• The purposes of the ￿e￿dISt Churth are shall be dèemed to have been sinrE the Dale of Union the advancement of.. The Christian faith in awjrdance with the dc**inal standards and the diseiplwie ol the Methodist Church. Any charitable purpose for the time of any conne￿1. L)istrict Cirujil. local or other owanisation of the Methodist Church. Any charitable purpose for Ihe time b8irvJ of any $￿ety or institution subsKh"ary or arKillary to the Methodist Church. . Any purpose fof the twne beir¥J of any dwrity beiryJ a sthidiary or ￿￿lIary of the Mdhtsjist Church. The charsty's objective is lo &t as a resou￿ wovider wthin the area arwnd Ealing, West London. for the Methodisl Church. In settiry our objectives and planniThJ our activi118s. Ihe C*aAI has carefully consKlered the c￿tY Commission's ggnaral guKJan¢e on wblic benèfrt. Parli￿1?￿Y its Supplement￿ public interest gu￿anCe on advancing our objective5 as set out 8t￿. Alms and activitiès Ealing frinily Circuit draws rm the Methodist Churc* in Brilain's vision as a-disupl&ship movèm8nl equipped for mission" ar¢d works lo priorities taken from"Our Calling" 7Mthin wr kxal context. The Circuit's missi¢)n is to be a p(*werful sptiilual in1luen￿ in th8 communty and a vi%ble expresson of Gcds inclusive love. The CircLMt alms lo achieve thi¥ by eneouragiThJ. through Ihe churches in our Circuil, the worship, social and outreach activtties that currently exisl.. seeking r￿W ways to extend to others fellowship of the Church family,. and Ihrough these lo develop the lrfe of the Cirwl and its churches. Thè Circuit's aims and actNitses WIt￿n the objectives purposes are.. To resource worship in eath of the ch￿￿*5 arHS Congregat￿S of the Circuit. induding some online and live.streamed services. To hold worship and social gathemgs for the *tKAe Circuit gathered as ong on at least four fxcawns each year. To resource regular evenls to de¥ek￿ faith di5cple5hip. krKJvAedge and practice, including Bible studies and prayer gaI￿ring$. To provide a ministerial staff lo support. orgarnse arKI care fry those volunteers who offer pasloral c within our churches and indeet1 to provide past￿al care th8msdves. To offer training in areas such as pastoral care and safeguar(ling. To offer training lo officers, both v(Auntews and ernpknyed. to er￿ble thwr doVebpm￿I and the practice of their lasks wthin the organis8lion-. To identify missic￿￿ nee(Is and lo work ￿ partners to fulfil them.. To work in partnership with Itxal euJmerNcal. inter-faith. charitable and statutory tmxlies. EALING TRINITY CIRCUIT OF THE METHODIST CHURCH (35124) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Review of Piogress and Achi•v•m•nts Throughoul the ffinanth81 year. the Ealing Trinty Cir￿¥t had six staff members". Revd Dr Stephen Day, Rwd Susan Male, Revd ￿"aY Singh, Mr Andy Briedey (Circul four day per weekl. Mrs Marcia Pinnook-Roye ICITCLIII Pastoral A5SiStanl. 10 hwrsA¥e8kl and Mr ￿11 ￿an$ah (Ciramt FIna￿e Offiw. 14 hours porweek). In July 2023, the Cirujit Trustees mase (thfficAAt deosion lo discontinue public services al Pilshanger MelhtKIist Church,. thi5 decision was ratified by the Representslive Synod of the Lcfftdon Oislrict in September 2023. The final, clo￿ng service took place in Ocl(thr 2023. Several members of the congregation t￿$ferred their membership to Ealing Green Church. Se¥eral memtrm continue 10 gather locally each month for a lime of fellowship. Some community activities continue on kyemises. The Circuil Trustees have sought advice from Rapleys about options for le￿n9 or selling Ihe premises. Ythid) *e t*ing actively exFlorèd. Th8 King's Hall Methc*list Chureh in Southall dosed in 2013 because rt had become unsafe for public use. The Urdu and Hindi-speakino congregation continues to worship in the aftemoon at Greenford Methodist CMJTCh, %thile members of the Erhglish-speaking ccwregation have ￿Mned otI￿r Circ￿1 churches. Several attempts have been made lo redevdop the site lo provide worship arKI community space. bLrt they have been unsuccessbJl. In response lo challenges eTK0unt￿ed in preVIc￿ redevelopment attempts. supwl hag been sought from beyond the Circurt. The Circuit is working wth members of Ihe crffinexional Property Team and the London District's Prop8ty Coordinator. The Circuit also s(MwJht advi￿ and guid¥￿? from 31Ten and Rapleys. The Circurt is grateful for the financial supwt offered by the connexional Fund Property arx1 the District AdvaKe Fund lo enable feasibility work. The Circuit manages a porlfolo of thal ￿D￿er￿ rented lo g￿erate income to support the Circuit's Mission and rr￿niSty. The Cir¢LMI Tru$lees agreed in March 202S lo sell the manse in Costons Avenue. Greenford, which is no longer needed. Alongside weekty SurKlay worship in Cl￿r¢he$, there ￿re <>ccasional joint services. involving tr40 congfeoations, and Circuit services, involwng all congregations. In earfy 2025, feedback was soughl from all conwegalions. In early 2025, feedback was sought from al congregations about ￿￿nI and Circuit services. These services are valuable as an opportunity lo get to know others in the CireLit. trxrt attendan￿ can be poor due lo various reasons. induding wadical issues such as the availability of pa￿Ing and ease of acc8ss by public transport. 11 was sugyesled that there are Ihreo or four Circuit galheriffjs per with some social events as well as worship service5 Weekly £￿lIne prayer meetings look place in several churthes. iThJudmg Ealing Green, Greenford. lfjThJsdown and Northoll. A weekly Bible study lakes place al Ealing Green Churth. Study groups also tcok place thjring Advent and Lent in cfrwjrths lhroLhJ￿ut the CKaJrt. The Circuit has offered IramiThJ lo volunteers for specffj￿ roles. such as Foundation modu￿ safeguarding traininy. Tra#iing about the five 9￿den rules of b8irwJ a Imstee was offered to Cirtuil Iruslees to ensure they understand Ihwr role. CPyJrch arKI Circuit office hoklers in specifK roles were advised lo cornplele the online Un¢onscious Bias and Equality, Diversrty and Indu￿On training, as mandated by the Methodist Church bn Brita'n. However, plans are being developed to offer the Equality. Diversity and Indusion Iraining k)cally lo make il m￿e 3cces5ible. Mentoring and tutoring are offwed to petyle In forn￿1￿)n a5 Local Preachers and Worship Laaders.. the luloring are offefed to peo* in formati￿ as Local PreactheTS aThJ thrship Le￿IerS,. the luloring are offered lo people in formats'on as Local Preachers and Worship Leaders", the tutoring 15 also offered to Ihosg in the nei9hbouring Chdsea, Hammersmith & Fulham Circuit. Ealing Green Church and Greenford Melhodist Ch￿ch part￿"pate in the e￿men1￿[ Ealing Churches Winter Night Shelter Ihltps'.Ilecwns.org.uk4. vthich offers OVern￿t accommodatKin throughcwt Ihe wnter to up lo 14 guests wouhj otherwise be homeless. Circuit thurthes also support VUl￿rable local pecyle ￿Jch as by partneruw with the Eal￿g FOOdba￿ Ihtlps'.11 ealing.foodbank.org.uk4 which supw)rts local people living in lood povety from several bases acros5 the borough. The Welshore CommuThty Hub is a cknarity mov&J lo its n8w bas8 * Greenford Plethodist Chureh when ils fomier venue became unav3iLgtle. Welshore Communty Hub offers support to Itxal people, indudirwj lood provi&on, a coffee morning. a sewing gr￿p and Knit & Natter. EALING TRINITY CIRCUIT OF THE METHODIST CHURCH {35124) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 The coffee morning 15 run in partnership Greenford MettrKxJisl Church. several church membgrs volunteer for this and other Welsh¢xe Communty Hits acbvities. Several IcKal churche5. such as Ealing Green, Greenford and Hanwdl, host weekly coffee momings to 8ngage with th8 10(al coMmun￿y. Thè coffèe mornings al Ealing Green Church involve stLKlenls with leaming dfficulbes to help them Kyepare for work. Circuit churches also host various social gatherings and events lo raise funds for charii*s Aclrn Hll Church hosts the Iris Axon Concert Series of dassical MUS￿ concerts. The Circuit's ministers part￿pate in the bOroUg￿wi￿ ecumen￿1 Ixxyy of London Leaders. Circuit chwches also participate in local commuThty e￿Men1¢al b￿les. Financial review The circuit prepaies accruals financia st*emenls. The Circuit buw is prepared by firsl anticipating expenditu for the forthcoming year and. irb discuwon vAlh the indivKlual churthe5, determining how that sum will be raised. Normally about 70% of the Circuit's In￿ne comes from the inr￿K1￿8l d￿r￿leS the Circurt through an assessment agreed with eath church. The total value of Circuit furKls on 31 August 2025 was £5.557,582 {2024 .. £5.958.764) The Circuit does not use perf0mMI￿ ind￿ath to measure'cW' as these are not ap[￿prIate tho type of acfivilies undertaken by the Circuit. The winci)al S￿ree$ of furKls are a$￿$Meni¥ paid ty thurches within the cIr￿lI and ineon)e from let properties. This i￿ome fin￿CeS ministers. stipends. slaff s*ries and the wernl rUnr￿n9 e4)sts of the Circuit Funds held by the orcuit are invested the Tnjstees Methodist Pury)ctses nalionaly in aecordanee with the Sooal investrnent polioes of Ihe Methc*Jist Chwth. The Circuit received hvo grants in the 2024125 finan(ia year. tth of were given to assess the feasibility of redeveloping the King's Hall Metht)dist Church srte.. £25,000 from th8 DistrictAdvaKe Fund ofthe London Distri £10.000 from the Meth(¥list Fund fot Property. The Cirojil is a member of the Association of Act￿ntantS arKI Treasurers. The repairs and rnaintenance expenditwe thring the year on propety was writtan off and not capita￿"sed. At not time during t￿ year was the Circurt insolvent dther in lerms of rts assets or in lemis of its ability lo pay 11$ debts as they became due. Rg$grve$ Pollcy The Circuit believes that il shoukl ensure that it ha$ reswves SLthcienl lo cover the stipends ￿ ￿nployMent costs of its ministers and other slaff for the ensuirYJ year bul not lo meet any redundancy pay should Ihis be payable. This sum is eslimaled al £211.566 for the next finanaal year. Olher fixed costs of Circuil. induthng the District Levy and Th"stitt Assessmenls, are e￿imated at £64,650 for an ènli￿ year. The Circuit deems r( prudent lo hc4d suffiuenl to cover these costs for months. i.e. £32,325. The lolal of these possible costs is £243,981. Al the bal8rKe Sheet dale the Circuit h8ld free reserves. as defir￿￿ by ￿ Charity Commission. of £49.435. EALING TRINITY CIRcurr OF THE METHODIST CHURCH (35124) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Risk Assessment The Circuit Lead8rship Team clyitinues to review regulatory framewyk in svhith the Circuil cperatès and %there rt find$ areas of risk lo the C¥cuit. approwote actK)n is taken to minimise the risk. Prinapal risks and uncertainties- The Circuit carefully rewews ils 1x￿ets and rai￿n9 awarene55 of the b&*ts arKI raises awareness issugs across Ihe Circurt. The Circuit continues to review its ￿¥eMance aThJ management sIr￿tureS to ensure Ihey are aluned wlh the Circuit's mission and aGlivilies. The Kin9's Hall Methodist Church buikk.ng remains erlntsA(J# EALING TRINITY CIRCUIT OF THE METHODIST CHURCH {35124) STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 AUGUST2025 The Trustees are responsibl8 for preparing the Trustees, Annual Report and Ihe accounts in accordance wlh applicable law and United ￿'ngdorn Accowting Sland¥ds (United Kingdom Generalty Acc8ple(l AceAJunling Praclicel. The law applicable to tharilies in Englano arKI l•lJles requtres the Trustees to prepare accfjunls for each financial year which give a true and fair view of the charitys finarrial activilies during Ihe year and of ils ￿ancIal p0511ion al the end of the yeaf In weparing these accounts, the Twslees are requireil lo.. sdecl suilable occounling policies and then apply them COn￿stentty', - obseNe the m8lhods and principles in the Charitie5 Stalement of RecommeThJed Practi￿. - make judgements and ests"males that are reas(￿￿ble and prudènl., - slate whether applI￿l￿e accounliThJ standards have been fc4bwed, subpcl lo any material departures disclosed and explain8d in the ￿)UnIs,. and - prepare Ihe accounts on the w'ng cxjncem basis ￿￿esS li is inapF(cyiale to kyesume tw the eharily will wnlinue in operation. The Trustees are ￿Sp￿Sible for keepiThJ sufficient accowting records that thsctose wth reasonable accuracy al any time the financial positim of the Ealing Trirdty meth￿j1$1 Circuit and enable them to ensure that the financial slalemenls comply wlh the Charities Act 2011, the Charity {Accounts and Reports) ReyLtlalion$ 2008 and the provisions of the trust deed. They are also responsitrAe for safeguarding the assets of the Circuit h8nc8 for lakiThJ r8awable steps for the prevention and del￿ti￿ of fraLKI * otr*r irregularits"es. EALING TRINITY CIRCUIT OF THE METHODIST CHURCH (35124) INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF EALING TRINITY CIRCUIT OF THE METHODIST CHURCH 135124) Oplnlon We hav8 audrted ts financial slalements of Ealing Trinty cl￿￿1 of the Methcxlisl Church (35r241 Ilhe 'Circuil') lor the year en(led 31 August 2025 w￿ch comprise the slalemenl of ffinancial activtties, the balance sheet. the slat¢menl of cash fbw$ and noles to the financial statemwts. induding 5ignifKanl afxounling pOI￿leS. The finanGial reporting framework that has been applied in their preparabon is appI￿able law and United Kingdom Accounting Stsndards, induding Financial Reporting Slandard 102 The Finanoal Repothng Slandartl a&wlKable in Ihe UK and Reptsblic ollreland {Uniled Kingdom GenerallyAccepled Accounb"ng Practice). In our opinion. the financial stalemenls". give a true and fair wew of the stsle of the tha[1￿$ affairs as at 31 A￿￿s1 2025 and of its Incoming resources and application of resources. ￿ the year then end8d.' have teen properly prèpared in aecord*￿e wilh unli￿ Ki￿d0M Generalty Accepted ACCC￿MIlng Praclico", and have been Kyepared in accordance ￿th the Chwities Act 2011. Basis for opinion We conducte(l our audit in acc￿danCe wth lntem81lon￿ Slandwds on Audrtwig (UK) IISAS IUK)18nd applicable law. Our responsibilities under those standards are f￿tI￿ described in the Auditorfs reSpOn￿"b￿lI￿5 kjr the audit ol the linanci81 statements seth.on of our reKKJrt. We independent of the Cireuit in aceord*ee with the ethical requirements that are relevant to our audit of the financial statements in the UK. widuding the FRC'S Ethical Standard, and we have fLAfilled ow other ethical resFwsibllrt￿ in accordan￿ with these requiremen15. We believe that the audit evidence we have obtained is $L￿￿nI and apWoW￿ lo provide a basis for opinion. Conclusions rnlating to going concern In auditing the fin￿claI slalemenls. we have cmdl￿ed that the Tnjstees, use of the going concem basis of accounting in the preparation of the financial stslements is apwowiate. Based on the work we have performed. we have not identiw any material uncertainties rela14ng lo events or conditions that. individualty or colectively. may cast signifiwt do￿1 on the Circuil's ability to continue as a going cern for a poriod of at least ￿81Ve months from ffinanCI￿ stslements are authorised fiw issue. Our responsibililies and the responybililies of the Trustees respect to going corKern ¥e described in the relevant secticms of this r8POrt. Other Informatlon The othgr information comprises the inf0mlati￿ induded in the annu￿ report other than the financial stslemenls and our aud11(￿S report thereon. The Trustees are responsiNe for the other infom)alion contsined within the annual report. Our opinion ￿ the financial slatemwts (k)es Th)t cover other infoTmalTron and we do not express any form of assurance concltNon Ihereon Ow respowbitity is to read the other infom)alion and. in doing so, consider whether the other information is malerialty inconsistent with the finanoal slatemenls or our kno￿edge obtained in the co￿se of the audit, or otherwise appears to be materialty nusststed If v* idenlfy such matèiial inconsislencies or apparenl material misslalemenls. we are requyed to detemine whether this gives rise to a malerHI misslalemenl in the finarKial slalemenl$ themselves. If. based on the wc*k we have performed. we cOnc￿de that there ¢s a material misstatement of this other infcKmth"on. we are required to re￿t that facl. We have nothing lo rep)rt in this regard. Mait•rs on which wo ar• rnquired to rnport by eX￿PIlon We have nolhv)g to reFQrt in respect of the folowing matters in rela￿On to whth the Chartties IAccoLmls and Reports) Regulations 2008 requires us lo report to you if. in cMJr opinion. the tnfcmalion given in Ihe fmanual statements ts incon*stent in any material respect with the Trustees, report. or SLfficient accounting records have nol ￿ kept". the finarrial slalements are not in agreement V*ith the accountir¥J records.. or we have not received all the infLYmation and exF4analions require for ijur audit. EALING TRINITY CIRCUIT OF THE METHODIST CHURCH (35124) INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF EALING TRINITY CIRCUIT OF THE MEfHODIST CHURCH (35124) Rèsponsibllltl•s ol Tru$t•0S As explain8d more fully in the ststemenl of Trustees. responsibil￿e$, the Trustees a￿ responsible for the preparation of the financia slatements and for being satsfied that they give a true and tair view. and for such internal control as the Trust8es dÈtem)inÈ is necessary lo enaNe the prepar81icm of financial statements that are free from material rnisstalemenl, whether to fraLKI or error. In preparing the fiF)ancial statements, the Trustees are responsible for assessing the Circuit's abilily lo conb.nue as a goirKJ (xjncem. disclosing, as applicable. maller5 related lo going concem and using the g(xng c(Mcern basis of accounting unless the Trustees either intend lo cease operations, or have no realistic allemative but to do so. Audltorf$ rè$ponslbllttle$ for the audit of the financial statements We have been appointed as audilor under section 144 of the chariti￿ A¢X 2011 and report in aecotdance Mlh the Act and relevant regulations made w having effect t￿eun(l6r. Our obj8ctives ar8 to oblain feas(ffiat4e 8ssfft￿ ab(wth ththetr*r the financlal statemènts as a whole are free from material misslalement, whether due lo fraud or error. arnl lo issue an auditors report Ihal indudes our opinion. Reasonable assurance is a lugh levd of assurance Ixjl 15 IV)t a guarantee that an audit cL)nducted in accordance with ISAS {UKI wll always det8Ct a material misslalement th il exists. Misstatements can arise from traud or error and are considered material rf. in(tivi￿alty (Y in the aggregate, they couk1 rea$￿ablY ￿ expected to influence the economic decisi￿$ of users tskon on Ihe basis of Ihese ffinancial $t8lements. Irregularities. induthng traud, are instances of non•comph"arKe wrth laws and regulalions. We desiw procedures in line wth our respons￿lI1bes, outlined al)ove. to detect material misstalements in respeet of Irregul￿￿e9, induding fraud. The exient lo which our procedLKes are capable of detecting i[￿￿8￿1t1es. induding traud. is detailed below. Extonl lo whlch the audit was considered capablg of d•torting Irrggularttl•s. Includlng fraud Our approath lo idents'fyir4J and assessing the risks of m*erial misstaiemenl in Tespect of irre9ularilTres. induding fraud and non-compliance with laws and re9￿at￿mIs. Wès 86 fdk>ws'. the engagemenl partner enswed thal the eNJagemenl leam ciAlectively had the appropriate competen￿. apabilities and skills to identify or rectsJnise non-compliance with ap￿￿able laws and regulations., and • we identified the laws and reg￿atIOnS applicatAe lo the charity through communications with the Trustees and other management. an¢J from our kn￿edge awKI experience of the sector.. and • we focused on specific laws and rewlations whith we con&dered may have a direct mateiial effect on the finanryal slalements or the operatic￿5 of the ch￿rtY. the Charib'es Act 2011 a￿1 laxalion and employment legislation.. and • we assessed the exlent of compliar￿e V•ith laws and wulations KJents"fied above throLNJh making enqLMries of management.. aThJ • identified laws and regulaticms wwe (xKnmLmiCated within the a￿￿1 team and the team remained a￿rt lo instances of non-complrance Ihr(KJgtKKrt the a￿rrt. We assessed the susceplibi￿ty of the tharity'5 firTrarKial statempth lo mat￿¥al misstatement, including obtaining an underslanvide lerminalion benerrts. 1.13 Retirtrment benefits Slipendiary Circuit Ministers are eligble to icyn the Melhodist MivNSters' Pension Scheme IMMPSI. The MMPS is a fundod defined benefrt stheme maintaned by The Methodist Church of Great Britain. As the Circul is unable to identify its share of the undertying assets and liatililies of tho stheme. Ihe Circuit has laken the advantage of the exemption in Financial ReFrfXting Standard 102 Retiremenl Beneffits. and has a¢counled f its contributions to the scheme 8$ if it were a defined contribution scheme. Tr pensicffl costs for the scheme represent Ihe contribution payable by the Cirrjit irb the year. The ￿ntribUtion rates are sel each year by the Methodisl C(¥rference. 1.14 Grants Grants made by the Circuit from its own furKts are recowised in full al the lime ol agreement or wthen the Circuit accepts that there is a legal or operational ot4igalion to make the payment. the grant is recurrent over more than one year the bala￿ payable in futurè years is treated as a provision for fijlure commitments in the Balance Sheet against the appropriate fund, the provision beiNJ released in futwe Y￿r$ as instalmenls are paid in aceordan¢e with the originally agreed tem)s. .16. EALING TRINITY CIRCUIT OF THE METHODIST CHURCH (35124) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Acc¢untlng policies (Contlnued) 1.15 Minlstors, manso costs The Circurt is required to provide accommodation for each minisler in the Circurt ￿)d this Is a benefit to the Circuit. Ministers are expecled to occupy the manse provided for them. The Circuit bears the cosl of repairs. maintenance. buiklings insurance. Council lax and water d￿rge$. These figu￿$ are not separalety dèdared as ￿nefrtS-ln-klnd for ministers as HMRC does rK)I lax these rewpts in the hands of ministers. 1.16 Consolidation The Circuil has denominational regU￿tory overswt in respect of the w¢yk of the Churches syilhin the CircLMI bui has no legal or operational conlrd of ttrwe Churches and their wveming bodies except in extreme circumstances. For this reason. the financial statements of Churthes vAlhin the Circuit are not consolidated inlo these financial statem￿ts. Crltlcal accounting gstimatos and Judgements In the application oflhe cir￿nY$ accc4Jnliig po￿tt. the Trustees are required lo make judgements. esiimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The eslimales ￿ associated a5sumptrons are based on ￿St0￿cal exp8ri8nce anij other factors that are considered to b8 r81evant. ArAual resulis may dtffer from these estimates. The estimates and undertying assmipborts are on an ong¢iNJ ba&s. Revigons lo accounting estimates are r8cognis8d in the period in the estimate is revised where the revision affects C￿lY that period, OT in Ihe period of the revision a￿1 fulure penods *there the reviskon aff8cis both curienl and future periods. The èstsmale and 0$sunpti￿ whKh has a ￿N[￿￿Trt Wi5k of causing a material adjuslmenl to th8 f2rrying amount of assets is outlined below. Valuatlon of Inveslmgnt prowty The investment properties at Havdock House, Nffiyt￿ Avenue and Rosemonl Rd were revalued in 2026 lThYependenl Valuers al a tolal vdue of £4.370.950 c￿atIr¥3 a revaluation k)55 of £349.551. Incomo from donatlons and legacies Unrestrlctgd Rgstrkted funds fund$ 2025 2025 T¢Aal Unrestricted Restfictod fvnd fvnds 2024 2024 Total 2025 2024 Donations and gifts Legacies Grants 2,420 2,420 75.000 15.678 35.000 15.678 35.000 75,000 50.678 50.678 2,420 7$.￿0 77.420 Donatlon$ and gifts Donation from Ealing Green Scouts Donation from 8renthan ladies ehoir 2.400 2.400 20 20 2.420 2.420 17. EALING TRINITY CIRCUIT OF THE METHODIST CHURCH (35124) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2025 Income from donations and l•gacl8S (contInu￿) Unrestricted R•5tricted funds lunds 2025 2025 Total Unr•str•ct•d Restricted fvnds funds 2024 2024 Total 2025 2024 Legacies Share of legacy- Vera Marston Lega¢y- Eslale of Odette Prosser 75,000 75.000 15.678 15.678 15,678 15.678 75.000 75,000 Clr¢ult assessment Unrestrlctsd Unr•stricted Funds Fund$ 2025 2024 Aeton Hill Metho(list Church Eaing Green Methodist Churth Greenford Methodist Churth Hanwell Methodist Church King's Hall Methodisl Church Kingsdown Melhodisl Church Northoll Melh)th"sl Churth prtshang8r IAeth(Klist Church 25.499 59,539 12.584 52.130 10.000 30.512 9,794 24.002 60.922 22,572 60,000 14.316 28,976 10,412 29.766 200.058 250.966 Income from other trading a¢tNities Unr•stricted Unr?stricted fund$ funds 2025 2024 Non-ch8ritsble trading athvil*s 24.716 18- EALING TRINITY CIRCUIT OF THE METHODIST CHURCH (35124) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2025 Income from In¥estmonl$ Unrestrtcted Unre5trlct•d fvnd$ funds 2025 2024 Interest Income from investment properlies 7.445 122.304 1 S,471 122,455 129,749 137,926 Other income Unrnstrl¢t•d Unrestricted fund$ fvnd$ 2025 2024 Olher income 28,992 Charitablo ¥¢tivili 2025 2024 Staff costs Distn'cl assessment Expenditure on manses Expenditure on Circuil properties Other expenditure District advance fund Mirnster reloealion costs 213.210 60,357 53,903 104,226 4.442 1,646 200.748 50.000 78.940 160.337 77.058 8.374 3.550 437.784 579,007 Grant fuThJing of activibes {see note 91 4.429 Sharè of support costs (see note 101 Sharè of g¢)VeMan￿ cosls (see note 10) 4.275 10.500 3.934 10.500 456,988 593.537 Analysis by fund Unreslricled fuThJs - general Restricted funds 425.847 31.141 593,537 456.988 593.537 19- EALING TRINITY CIRCUIT OF THE METHODIST CHURCH (35124) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Grants payabl& 2025 2024 Grants lo inslilul1(￿$- Beyond the Street Acton Hll Church 4.333 4,429 10 Support ¢o$ts •llo¢ated to acti¥it•es 2025 2024 Depreaation Printing, postage aThJ sts1￿￿ery Sundry Payroll service TMCP management fee Bank charges Governance costs 1.832 1.126 433 480 214 190 10.500 375 838 1.222 620 10,500 14.775 14.434 Analysed between: Chariiable acts'vities 14.775 14.434 2025 2024 Govomance ¢0sts comprise- Audit fees Accountancy 5.500 5.000 5.000 10,5C() 10.500 11 Net movoment in funds 2025 2024 Thè net movement in funds is slated after Cha[g￿￿(cre(*Iing).' Fees payable for the audit of the th¥ity's financial statements Depreciation of owned tangible fixed assets 5.5 1.832 5,500 375 EALING TRINITY CIRCUIT OF THE METHODIST CHURCH (35124) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 12 Trustees The Superintendent of the Circuit, the ollw Presbykn iemaning members of the CLT are considered as Key Managgmenl Personnel. The Superinlendenl chairs nRetings of the CLT and CircLNt Meetings. The Members of the Circuil Meeting are the trustees of the Cireuit. The slipen(Is. employerfs NIC and employerfs pension contribvlions and other exwses of the Presbyters of the Circuit are pabj by the Circuit. The manses are provwjed by the Cwojit and the Circuil ma￿tr￿S the property. The value of the Cwncil Tax and water Charges paid by the Circuit is not disdosed here as HMRC d￿S not regard this as a benèfft-in-kind in Ihe han¢Js of Ihe minister. Remuneralion.. 2025 2024 Sb"pends of Presbyiers Employerfs National In￿rance w1tri1￿1+)nS Employpxs contributions lo a d￿ned benefit pension stheme 93.300 10.932 18.600 87,615 9,288 23,033 122.832 119,936 The reimbursement ofTrustees' expenses vffjre as folkyws". 2025 2024 Travel TelecommunKalions Postage, printing & slabonary Other Training 1.308 5.141 1.280 530 433 910 6,036 1,070 619 966 8.692 9,601 13 Employges The avwage monlhty number of emFloyees during the year was.. 2025 Number 2024 Numbgr Ministers Lay and adminislralive 5tsff Total 21 EALING TRINITY CIRCUIT OF THE METHODIST CHURCH (35124) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 13 Employees (Continued) Employmgnt costs 2025 2024 Slipends Wages and salaries Social security costs Slaff adminislralion costs Olher pension costs 103,389 55,771 17,825 14.569 21.656 87,61 S 58,329 13,064 17,866 23,874 213,210 200.748 were pa￿ to 3 Presbytws during the year. The Circuit eM￿oyS lay staff invdved fft bothAdmin1strati￿ arKI miss￿3￿ wcffk. No ￿nPloyeeS received employee beneffts of m¢xe than £60,OCIJ. There is no aeerual for holiday pay as it is imn*lerial: the holiday year ends on 31 August.M staff are wd at or atKJve the liviThJ wage. P•nsions Mo& ordained presbyters aThJ deacons are n￿MberS of the MetkK)di8t Ministers, Pension Scheme (MMPSI. This is a defined benefrt sch8m8. Tr sUpren￿ Court held in 2014 that Methodist ministers (which term inclujes presbyters and deaKffl$l are rKrt emtAoyees of the Church. For simplic4ty, however. when dea￿ng th Nationa Insurance Conlribulion$ and pension ccffjtritxrtifMS. lem)s 'employerf and 'emF4oyee' are used as they woubj b8 in an employmg trN)dy. On the other hand, lay employees are contraciuamy empk)yees of the Ealing Trinity Ciicuil and have the opIK)ns of joining the TPT Retirement SolulK)ns Pens*￿ Scheme. This is a defined contribution scheme lo wtrich the Circuit contritHJtes as the empwer. 14 Kw managemenl personnel The Circuit's key management personnel are the ordained minislerial stsff as listed on the legal and administrative page. The onty remuneration they r￿r￿e direclly from Ihe circuit is the reimbursement Df expenses. Their stipeThYs are pa•J by the National PAetho(knst Church but furHl8d in full by the Circuit and are published in the millutes of the Annual Conference. Circurf Stewards make up the other half of the management team. They work on a vol￿tary basis and only c