The Methodist Church
-kn d.wesi Devon
Methodlst Cipcuit
Registered Charity Number: 1134070
Trustees Annual Report
Statement of
Annual Financial Accounts
Year ended 31st August 2024

Name of Circuit .
WEST DEVON
Circuit No.. 24124
statement of Financial Activities (SOFA) for the year ended 31 August 2024
Income
1 Donations and fe
aCAes
2 Incoine frorn monetary inveslmenls
3 Income from inveslmenl properties
4 Assessments on Churches
5 Capital Receipts
6 Gran15 roceive¢
7 Other charitsble income
8 Tota5 income
5,412
18,5e1
116,912
12,909
18,338
18,SSI
116.912
9.956
9,9S8
21,156
184.935
11,031
151,916
10.125
23,034
9.968
17
endltura
9 Grants and donali9Tr5
10 Salaries cind assoclaled costs
11 Prop¢ty maintenance
12 Lonnexional assessment & model trust le
13 Dislrlci A55e5smenl & Levy
14 Depreoation
15 Officc oxpenseg
16 Other oulgoin
17 Total charltable expgndtture
18 Gainslllosses
on monela
investments
19 Gainslllossesl on Inveslnienl pro
ertie$
20 Net incomellexpènditurg)
21 Transfers between funtt$
22 Other
ainsl
1055esl
23 Net movemgnl In funds
24 Total funds brou£ht fnrward
25 Total funds carried forthvard
2,164
78.599
24.502
2.104
118,399
24.$02
9.464
29,454
40,0
9.4e4
28.77?
2.008
35.322
171,357
2.008
35.322
221,513
10,146
40,OOQ
-18,451
422
12.688
40,000
9.968
17
46,578
422
-111,029
152,810
133,781
12,818
49,282
82,17
40,000
190,000
IBo,ooo
9.968
405
6,57
392,497
355,919
405

Name of Circuit: WEST DEVON
Circuit No: 24124
Statement of Financial Activities (SOFA) for the year ended 31 August 2023
Income
1 Donations and legacies
2 Income from monetary investments
3 Income from investment properties
4 Assessments on Churches
3,974
19,690
108,566
9,453
13,427
19,690
108,666
5 Capital Receipts
6 Grants received
2,500
2,500
13,862
158,145
7 Other charitable income
8 Total income
11,332
143,662
2,530
2,530
9,453
2,500
Expenditure
9 Grants and donations
1,000
98,280
7,525
110,000
2,530
113,530
100,780
7,525
18,177
24,600
10 Salaries and associated costs
2,500
11 Property maintenance
12 Connexional assessrnent & model trust levy
13 District Assessment & Levy
14 0epree,iation
15 Office expenses
16 Other outgoings
17 Totsl charitable expenditure
18 Gainsl(lossesl on monelary investments
19 Gainsl(lossesl on investmenl properties
20 Net incomel(exwnditurel
21 Transfers belween funds
22 Other gainsl{lossesl
23 Net movement In funds
18,177
1,023
23,577
4,337
27,799
162,518
-65
4,337
27,799
296,748
-71
129,200
2,530
2,500
-18,921
5,438
-119,747
-10,000
-138,674
10,000
-1,143
4,295
-13,483
166,293
152,819
-129,747
179,029
49,282
10,000
180,000
190,000
-1,143
1,143
4,301
4,706
405
-138,674
531,171
392,497
24 Total funds brought forward
25 Total funds (arried fgrward

Name of Circuit: West Devon
Circuit No 24124
Balance Sheet as at 31 August 2024
Totals
2023124
Totals
2022123
Fixed Assets
Circuit Manses & Equipment
Investment properties
Investments
842,329
842,329
842,329
Total fixed assets
842,329
842,329
842,329
Current Assets
Debtors
3,559
2,000
239,687
119,574
28,135
392,955
Loans by the Circuit
Investments with TMCP
Centra5 Finance Board Deposits
Cash at Bank and in hand
Total current assets
Current liabilities
Creditors (due in under 1 year)
Grants p8yable within 2022-23
Total Current Ilabllitles
Net current assets/liabilitles
7,000
7,000
172,170
152,793
23,957
355,920
22,170
150,000
142,825
23,957
173,782
9,968
22,170
150,000
9,968
458
458
1,234,826
173,782
22,170
150,000
9,968
1,198,249
Total assets less current
liabilities
1,016,111
22,170
150,000
9,968
1,198,249
1,234,826
Long term liabilities
Idue after more than one year)
Grants payable after 2022-23
Laans to the Circuit
Net assets
1,D16,111
22,170
150,000
9.968
1,198,249
1,234,826
Funds of the Circuit
General Fund (Unrestricted)
Circuit Model Trust Fund
(Unrestricted)
Designated Funds (Unrestricted)
Total Unrestncted Funds
Restricted Funds
1,016,111
1,016,111
995,139
22,170
22,170
150,000
1,188,281
9,968
49,282
190,000
1,234,421
150,000
9,968
Endowment Funds
405
1,234,826
Total Funds
1,016.111
22,170
150,000
9,968
1,198,249
Signed
dP(t,y
Circuit Treasurer

Notes to the Accounts of West Devon Methodist Circuit
For the year ended 31st August 2024
1 Basis of accounting
The financial statements have been prepared under the Charities Act 2011 in accordan￿ with the 2014 version
of Accounting and Reporting for Charities SORP applicable to charities preparing their accounts in accordan
with FRS102 and taking note of the update bulletin 1 issued in 2016.
2 Funds
The funds held constitute.. General Funds held for any purpose of the Circuit, which are unrestricted. The Circuit
Model Trust Fund has wide purposes defined by Standing Orders and is categorised as unrestricted.
During the year a Heritage Lottery Fund grant of £9968 was received for specific purposes within the Circuit.
None of this had been spent by 31 st August, so it is shown as restricte(J funds on the account.
During tt)e year a small Trust fund previously held on our behalf by the Trustees for Methodist Church Purposes
has been closed, and the funds (totalling £422) have been transferred into the circuit General Funds.
3 Accounting Policies
Basis:
These accounts have been prepared on the accruals basis to show 8 true and fair view of the Circuif s financial
position and activities.
Income is included in the Statement of Financial Activities (SOFA) when the Circuit becomes entitled to the
resources, and the trustees are reasonably ￿rtain the payment will be received
Expenditure is recognised when the liability is incurred.
Grants and Donations:
Grants made by the Circuit from its own funds are recognised in full at the time of the agreement. During this
year payment of £2000 was made for the work of the Methodist District Rural Support Worker, and £164 was
donated to Hatherleigh Methodist church toward the Gost of a projector.
VAT:
sin￿ the circuit is not VAT registered, all input VAT 15 Gharged with the expenses to whiGh it refers.
Tangible Fixed Assets for use by the Circuit:
Tangible fixed assets include 3 manses. Two of these are let on Assured Shorthold tenancies while we have no
ministers to crcupy them. The deemed valuation of the three manses is £732,329, which was the insured value
in 2018, and which the trustees consider is th8 appropriate nett value if they were marketed. Nett rents received
for the 2 tenanted manses were £18,561.
The Circuit also has Managing Trust* responsibilitie5 for Be5stone Chapel, where occasional serVi￿S are held,
and where the former Sunday School room is used as a tearoom in this popular Dartmoor village. The
estimated sale value of the building is £150,000. If sold this would be subject to an automatic levy of £40,000 by
the custodian trustees of the Methodist Connexional Priority Funds, so the net asset value to the Circuit would be
£110,000, as included in the Tangible Fixed Assets.
Investments:
The Circuit does not hold any invested funds liable to changed valuations. All funds are held in Cash accounts
with HSBC Bank (current account), Methodist Central Finance Board (depostt account), and Trustees for
Methodist Church Purposes (Trustees interest fund)
Debtors, Creditors and Prepayments:
There were no significant debtors or creditors or prepayments at 31st August 2024

4 Payments to Trustees
Payments totalling £1533 were made to trustees, businesses for building services (including materials) provided
to the circuit, as agreed by the Managing Trustees.
No payments were made to any Trustees for their SeNi￿S as trustees.
5 Fees for examination of the accounts
An Independent Examiner's fee of £275 was paid for ￿portIng on the 2023 accounts. The fee for examination
of these accounts is still to be agreed.
No other payments will be made for advice or accountancy services.
6 Paid employees
The average number of full-time equivalent paid workers VRS 3.5
The total cost of salaries, employels National Insurance, pension contributions was £118599. This included
imbursing the Methodist Connexion for the stipend and other costs associated with our full-time ordained
minister.
7 Capital Commitments and Contingent Liabilities
At 31st August 2024 there are no capital commitments, nor any identified contingent liabilities.
8 Tangible Fixed Assets
See note 2 above.
There have been no disposals or acquisitions of fixed assets during the year.
9 Loans
A longstanding loan of £1000 to Boasley chapel is still outstsnding. The Circuit provided a further £5000 loan to
Boasley chapel in April 2024 to enable emergency electrical work to be completed in their premises. This loan is
also outstanding.
A loan of £1000 (nett) to our Superintendent Minlster to enable him to purchase a new computer was
outstanding at 31st August 2024, but has since been repaid in full.
10 Restricted and Designated Funds held @ 31st August 2024.
Within the Circuit Model Trust Fund held by the Trustees for Methodist Church Purposes on our behalf, we have
designated £150,000 to cover predicted budget deficits in future years. This eX￿sS of spending will allow us to
engage in missional development activities in the next 3 years, which would have been impossible without
drawlng on that Fund.
(Notes to Circuit accounts 2024)

Name of Circuit..........
No...
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
Date......
ft
easurer..........
Name and address of treasurer
Post
rxio luf
Presentation to the Circuit meeting
I confinn that the annual report and accounts for the year ended 31 August 2024 werelwill .
be presented to the Circuit meeting held on:
Jl
Signature of the Chair of the weeting..
Name of the Chair of the meeting: .
..£.:.4 .-.74.k.li.%'................ Date
Independent Examiner's Report to the Trustees of the
Circuit
1 (3.*.o 7C)
Charity Number.. ...
Responsibilities and basis of report
ort to the trustees on my examination of the accounts of the
Circuit for the year ended 31 August 2024 set out on pages .
to
As the Circurt's trustees, you are responsible for the preparation of the accounts in
accordan￿ with the requirements of the Charities Act 2011 ('the Act,).
I report in respect of my examination of the Circuivs 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.
delete or circle as appropriate

Name of Circuit .
.&S.f ...b..e.v..Qhl...............
Independent Examiner's Statement
rrhe Circuit's gross income exceeded £250,000 and l am qualified lo undertake the
examination by being a qualified member of (insert name of applicable listed body)]. Delete [
] if not applicable.
I have completed my examination. I confirm that no material matters have come to my
attention in connection with the examination (other than that disclosed below.) 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 fonn 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 Delete rfnot applicable i.e. all
R&P accounts
the trustees, annual report is not consistent with the accounts Delete if not applicable i.e.
all R&P accounts.
I have no concems 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 havelhave 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,
Narne of independent examiner..
Relevant professional qualification of independent examiner:
Name of firm (where appropriate):
Address:
iJk@,',4tp.p!p:";
Post Code:

WEST DEVON MEfHODisf CIRCUIT
ANNUAL TRUSTEES, REPORT FOR YEAR ENDING 31st AUGUST 2024
INTRODUCTION
The West Devon Circuit is situated to the north-west of Dartmoor and is spread over approx. 400 sq miles.
The Circuit currently serves twelve active churches, with memberships ranging from S to 67, and has a total membership
of 255.
AIMS AND ORGANISATION
The Charity objective 15 to act as a resource provider within the area for the Methodist Church.
The purposes of the Methodist Church are, and shall be deemed to have been since the Date of Union, the advancement
3) The Christian faith in accordance with the doctrinal standards and the discipline of the Methodist Church;
bl Any charitable purpose for the time being of any Connexion31. Distrlct, Circuit, local or other ortdnisation of the
Methodist Churth,.
cl Any charitable purpose for the time being of any society, or institution, 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
Specifically, we engage with..
The organisation and resourcing of re8ular public acts of worship open to members of the church and non-
members alike.
The teaching of Christianity through sermons, courses and small Eroups.
The resourcing of pastoral work including visitlng the sick and bereaved.
The resourcln8 of children, youth and families work Including work in schools, clubs and local events.
Promotion of Christianity through the Staging of events and services.
Provision of support at local care homes and other institutions.
The Circuit's Mission Statement is:
To be a wltness to God's love in Christ.
to serve the community In the name of Chrlst;
to build God's kingdom In the power of the Holy Spirit,
We seek to accomplish this by..
equipping people to be effectlve disciples; to engage wlth inspiring and challenging worshlp. to share in
the mlnlstries of the church.
encouraging the Clrcuit Churches to identify and Share resources with one another and ecumenically.
engaging with and Supporting those who work for better community life, both locally and globally.
exploring opportunities for releasing lay workers and others to work in the church and comrnunity.
ANNUAL REVIEW
At the end of the reporting year, the Circuit staff comprised of.. The Superlntendent Minister, a Family Worker Ifull-time),
two Lay Assistants Ipart-time} and an Admlnlstrator Ipart-timel.
Members at Madworthy completed the first stage of a major renovation scheme to make the property more 5Ultable for
different style5 of worship and events as well as becoming a rural resource centre,
At Petrockstowe, the Methodist and CofE congregations have completed the formal process of forming a Local
Ecumenical Partnership.
The Circuit W35 successful in a grant application to the National Lottery for a Heritage Project. The grant of £9,968 is to
cover the majority of costs in supporting a programme of community 3Ctivities. The project follows on from the
momentum created by national recognition of Providen￿ Chapel. winner of the England and overall UK 'Open for
Visitors. National Churches Trust Awards. The project will include: taster day5 to be a forum of sharing local knowledge,.
Songs & Folklore Concerts by Jim Causley,. two films highlighting unrecognised historie5 of Chapels,. one Heritage Writer-
in-residence andlor a Series of creative writing workshops.
The Manses at Hatherleigh and Northlew are let with the tenancies managed by StaES Estate Agents. who undertake
regular maintenance checks and report back to the Circuit. Management charges are 12Yo + VAT of rent5 collected.
INCOME
Circuit incorne is primarily drawn from the assessment paid by the Circuit Churches. There is a150 rental income relating
to the rental of the Manses at Hatherleigh and NDrthlew.

EXPENDITURE
Stipend and salary expenditure has increased each financial year in line with increases set by the Methodist Conference
and the Living Wage Foundation.
Approximately 15% of normal expenditure was the Circuit's contribution to the District and Connexion, used to fund the
work of the wider Methodist Church.
Funding for the part-timo Administrator and other additional expenditure incurred for lay ministry work were taken from
reserves.
FUND BALANCES
As at 31st August 2024, total funds held were £355,919 including 3 repayable loans totalling £7,000.
The balances include a restricted fu nd (Lottery Funding for the Heritage Project) as well as funds held by The Trustees for
Methodist Purposes ITMCPI. A proportion of this is designated for payment of staff in the coming year as we are not
likely to generate enough revenue income to fully cover projected expenditure.
RESERVES POLICY
Policy for General Funds
The Circuit Meeting acknowledges the policy of the Methodist Ch urch in relation to financial reserves and at this point
will endeavour to maintain a reserve amounting to six months general expenditure £105,000. This should be sufficient to
meet any unforeseen expenditure on Manses: to meet the stipend of the Superintendent Minister and to fulfil our
District assessment,. whilst enabling the ongoing work and witness of the Clrcuit throuEh missional and outreach
opportunities to continue and develop.
Funds held for Specific purposes.. £1S0,OOD has been designated to help meet salarie5 and other expenses of lay workers
over com ing years, This policy will be revlewed annually by the Clrcult Trustees.
TRUSTEES as at 31st August 2024
Mrs Margaret Allin
Mr Richard Balsdon
Mrs Barbara Dalton
Miss Winifred Davey
Mrs Beryl Down
Mr David Down
Mr Ken Down
Mrs Marlene Hunkin
Rev. Chri5 Jackson Ichairl
Mr David James
Mr Deanjames
Mrs Ruth James
Mrs Linda Kyle
Mr Alan Marshall
Mr Alan Partridge
Mr Ken Srnallacombe
Mrs Anne Searle
Mr Barry Searle
Mr lan Trenaman
Mrs Daisy Bray
Mr Michael Cole
Mrs Christine Cottle
Mrs Dorothy Couch
Mrs Jackie Crawford
Mr Mlke Curtlce
Miss Sandra Trenaman
Mrs Pam Down
Mrs Lucy Gilbert
Mlss Brenda Hockridge
Mr Owen Vanstone
Mrs Judy Waterer
Mr5 Lynda Whitworth
Mr Gary Yate5
PR
ORITIES FOR 2024
25
Circuit financial plans for the coming year have been prepared on the ba515 that staffing levels remain the Same. The staff
team will work with the trustees, and their appointed officers, to en8age wlth church and community activities
appropriate to changing circumstsnces.
LOOKING FORWARD TO 2024
25
To review staffing needs and recruit if appropriate.
Plan and implement the Heritage Project programme.
To contin ue to develop pastoral eare with in each church community with the support of the Lay Assistants.
All Lay Staff on the Circuit Ministry Team ILay Assistants and Family Worker) to continue to meet on a regular basis
for mutual Support with the Superintendent Minister.
To identify training and Support opportunities for different office holders within the Circuit.
To encourage Churches within the Circ¢Jit to develop their Christian worship and witness. and to explore new ways
of engaging with and Serving local communities, especially to build on any new initiatives that have been started
during recent years.
Ensure that all those within the Circuit who should attend Safeguarding Training do so - Foundation and Advanced
Modules as appropriate.
CHARITY COMMISSION NO: 1134070
DATE OF REGISTRATION.. 0410212010

The Charity's annual report and accounts for the year ended 31st August 2022 have been prepared in accordance with
the Charitie5 Art 2011 and the Charitie5.' Statement of Recommended Practice 2015 as applicable to the Financial
Reporting Standard IFRSI 102.
The members of the West Devon Methodist Circuit Meeting are the Charity Trustees. membership being made up of
circuit office holders, the superintendent minister and representatives appointed by the local churches.
CONTACT.. Rev. Chris Jackson, 42 Leeze Park, Qkehampton, EX20 IEE
EMAIL: chris.jackson7@gmail.com
ACTIVE CIRCUIT MINISTER
Rev. Chris Jackson
CIRCUIT STEWARDS
Mrs Barbara Dalton
Mr Dean James
Mrs Ruth James
Mr Alan Marshall
CI RCUIT TREASURER
Mr Alan Partrldge
CIRCUIT LAY WORKERS
Family Worker.. Mlss Sarah Balsdon
Lay Assistants: Mrs Angela Banfield, Mrs Vicki Penfound
CIRCUIT ADMINISTRATOR
Miss Sandra Trenaman
INDEPENDENT EXAMINER
Mr 8arry Bufton, Shellyhams, South Tawton, Okehampton, EX20 2RG
BANKERS
Central Finance Board of the Methodist Church
Trustees for Methodist Church Purposes
HSBC
PUBLIC BENEFIT
We confirm the trustees have had regard to the Charity Corn mi55i0n's guidante on public benefit.
STRUCTURE GOVERNANCE AND MANAGEMENT
The governing document for the Circuit is the Deed of Union {19321 and Methodist Church Act119761.
Detailed governance arrangements are outlined within the Constitutional Practice and Discipline of the Methodist Ch urch
by order of the annual conference ICPDI.
Day to day management of the Circuit is undertaken by the Circu it Leadership Team {Superintendent Minister, Circuit
Stewards, Circuit Treasurer & Admini5tratorl along with the Circuit Meeting and the Local Preachers, Meeting.
TRUSTEE TRAINING
A range of guidance produced by the Methodist Connexicn to support the effective running of the Circuit. specifically the
leaflet, 'The Role of a Trustee in The Methodist Chu rch, is available for all new Circuit Meeting members as induction to
their role as trustees.
RELATED PARTIES
The Circuit is part of the Plymouth & Exeter District and is also accountable to the Methodist Conference.
The following are linked to the Circuit-
Boasley Methodist Church
Bridestowe Methodist Church
Iddesleigh Methodist Church
Madworthy Methodist Church
NDrthlew Methodist Church
Petrockstowe Community Church
Providence Methodist Church
Chilla Methodist Church
Exbourne Methodist Church
Fairplace Church Iokehamptonl
Hatherleigh Methodist Church
Winkleigh Methodist Church

RISK MANAGEMENT
All special activitie5 and events organised on behalf of the circuit are risk assessed in advance.
Where appropriate, additional Insuran￿ cover 15 taken out against major risks which have been identified.
Income and Expenditure is monitored 2nd is compared with the approved annual budget on a regular basi5 to detect
trends as part of the risk management process to avoid unforeseen calls on reserves.
SAFEGUARDING
Every person has a value and dignity which comes directly from the creation of male and female in God's own image and
likeness. Christians see this potential as fulfilled by.God's re-creation of u5 in Christ. Among other things, this implies a
duty to value all people as bearing the image of God and therefore to protett them from harm.
Methodist Connexional practi￿ outlines commitment to the following principles:
the care 3nd nurture of. and respectf ul pastoral ministry with, all children. young people and adults.
the safeguarding and protettion of all children, young people and adults when they are vulnerable.
• the establishing of safe, caring communities which provide a loving environment where there is
informed vigilance as to the danEers of abuse.
We will carefully select and train all those with any responsibility within the Church, in line with Safer
Recruitment principles, including the use of criminal records disclosu res and registration with the
relevant vetting and barring schemes.
We will respond wlthout delay to every complaint made which suggests that an adult, child or young
person may have been harmed, cooperatlng wlth the police and local authority in any investigation.
We will seek to work with anyone who has suffered abuse, developing with them an appropriate
ministiy of informed pastoral care.
• We wlll seek to challenge any abuse of power, especially by 3 nyone ￿n a position of trust.
We will seek to offer pastoral care and support, including supervision and referral to the proper
authorities, to any member of our church communlty known to have offended against a child. young
person or vulnerable adult.
In all these principles we wlll follow legislation, guidance ané recognised good practice,
The West Devon Circuit commits itself to ensuring the Implementation of Connexional Safe8uardinB Policy- government
legislation, guidance and safe practice in the Circuit and in the Churches.
The West Devon Circuit commits itself to the provision of su pport, advice and tralnlng for lay and ordained people that
will ensure people are clear and confident about their role5 and responsibilities in safeguarding and promotin8 the
welfare of children and adults who may be vulnerable.