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2020-08-31-accounts

Nottingham North Circuit of the Methodist Church

Trustees Annual Report Year Ending 31[st] August 2020

Nottingham North Circuit of the Methodist Church Trustees Annual Report Year Ending August 31[st] 2020

1. Objectives and Activities

Our Calling as the Nottingham North Circuit of the Methodist Church is to respond to the gospel of God’s love in Christ and to live out our discipleship in worship and mission, doing this through Evangelism, Worship, Service, Learning and Caring.

2. Achievements and performance

The circuit has engaged with churches and local communities to provide a wider mission to society and to develop whole life discipleship by

2.1. Plans for future years

In light of Covid 19 we will carry forward plans already in place, making adjustments in line with government restrictions and guidelines.

Nottingham East Methodist Circuit Charity (1134229) will officially and formally merge with Nottingham North Methodist Circuit Charity (1134223) to become Nottingham North East Methodist Circuit Charity (1134223) on September 1[st] 2020

Evangelismto make more followers of Christ

Over the next 5 years we will encourage our churches to increase the number of disciples (church members) with the number of new members outweighing natural loss in churches through varying styles of evangelism, pioneer ministry, Fresh Expressions and Church Planting. In 2020 – 2021 we will

Worshipto increase awareness of God’s presence and to celebrate God’s love We will resource diverse styles and opportunities for passionate worship. In 2020 – 2021 we will

ServiceTo be a good neighbour to people in need and to challenge injustice

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Nottingham North Circuit of the Methodist Church Trustees Annual Report Year Ending August 31[st] 2020

To be outward looking in our communities, serving needs and to seek justice wherever we are able

In 2020 – 2021 we will

Learning and caringto help people to grow and learn as Christians, through mutual support and care

We will resource churches to nurture an attitude of intentional faith development across the circuit

In 2020 – 2021 we will

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Nottingham North Circuit of the Methodist Church Trustees Annual Report Year Ending August 315l 2020 Purposes (TMCP). TMCP acts as trK4tee tr all re•1 estate held by Distncts and fw all lar9e (over 20k) bequests and tr t proceeas or Sa￿ ￿ any property trrnmy ownql try tne l)6trKt. Thase sums are Invex¢d In unltlzed hivestments or help on deposiL FfsE Icrf) Index. The oery￿t Income mirrors the deposlt rnte5 available elsehere. The Mottiryhbrn CSrcutt Truste lnve5trr￿t pollcy Is alig￿1 thal of the Centrnl FlnarKe Bojrd the Vthdlii Churth (CFB) TMCP t•c•use these (Y9￿￿at￿ t•ke Into CWslderat1￿ the %Klal. envlronmental arMI elhSc41 ¢M$lderat5ons, brjth ne9atfvely and p(&tlv. that moke In¥eslmen¢S sultable th¢ M¢tnodist Church. Sh￿t tefm deposlts arE k)&Jed dirertly wlth tr C•knl RnJKe Bowd (CFB) aTh1 attract g(x)d rates of lTrtuesL bnvestrn￿ts at TMCP and CFB. It Is the Clrcult's to manage tr cash and Investment resources cl the Orcult so thjt a rnte of return on investrnent - both by way of dlvldend and capital appredatknn ~ obtsined * *as1 a5 9ocd as rnartet rote (￿SKIe11n9 tne Qrcuifs

Nottingham North Circuit of the Methodist Church Trustees Annual Report Year Ending August 31[st] 2020

3.2 Reserves level and policy

The reserves 31[st] August 2020 was £567765

Which can be split

Unrestricted Funds

General £60263 Model Trust Fund £507502

Restricted Funds £0

Total funds £567765

The Trustees have agreed to keep the general funds to a level representing 6 months expenditure.

All monies are invested with the CFB or TMCP with a certain amount kept in the current account for week by week expenses

3.3 Collaborative arrangements with connected charities

The circuit’s main source of funding is the assessments obtained from each church within the circuit, based on a formula which included the churches’ ability to pay. This amounted to £157457

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Nottingham North Circuit of the Methodist Church Trustees Annual Report Year Ending August 315l 2020 For each financwi year on 31 August the Trustees are requSred to epare flfianclal Statements that glve a and falr vlew of the Orcurfs flnandal actlvltles durln9 the year arKI of its flnanclal positlon at the end of tlw yAar. Tn rYprvJrlThp Ilnnrlhl 4t•tr•m•rttf. th• Tnrft4￿ murtl l. Select sultable accoufttin9 polldes arxl apply thwn C￿51#e￿lty usi the aC(n￿lS Meth(￿. 2. Make Judgments and estlmalps thAt Pdfft f•p4v￿nahlp DniApnP: 3. Follow ap￿icable acc￿n￿n9 stsndards; 4. Ftpare accounts to compty wlth th• Charltles SORP. The Trustees are respmsible for keeplnq proper accountlng rectyth which dlsclose wlth reasonable accurncy at any trme the flnandal posrtlon ol the Clrcylt and enables thwn to ensure that the financial statements comply Ith the law. They art also resFrf)n￿b1e for safeguardlng the assets of the Grcuit arKI herb￿ taklng r¢asonobk steps fer the preventlon and detection rf frawl and other IrrEgularftles. The Trustees are responslble ts the malntenance and Integry of the Cor￿r•• •nd flnanclal inl•rrtwt6•n <11 •ny) indudcd on th¢ 0￿ul￿> webslte. Leglslatlon In the United KINJdom, governing ar¥1 d1s5emsn8tiOII financaal statemetits may differ from legislati￿ in other JunsdlCtILY)$. Tn •¢lditlon to th• ab¢w•. th• Try¢t••¢ •r• r•¢￿n￿blO ft4r •nGurln9 the Health and Sal policy is implemented. Tralnlng In the rtsponslbllttS of trustees ￿ offered to all ne•V trustees g)on aftor thelr appolntrnent.

Nottingham North Circuit of the Methodist Church Trustees Annual Report Year Ending August 315l 2020 4.1 RI￿[ The arcult Is largely rfs averse. but esp￿lty in maklty 9rtnts to thurches embwknng w new Dnd ImDginatsve Inttlatlve& The Clrcult The arcult Is an unincorptyated asscKtKffi ar#1 11 9overned by the Methodlst Churth Art 1976, the l)eed CA UnM)n and the 14ryJel Trust Deeds 01 lo￿h(x115t Churth w•d was wlth the Chaf 5.1 Slyuctiirn ClroJlts Pay the stiperth ol the mlnlster5 a￿1 empkn lay staff to serve the Churc1￿ In tt Clrcult. mixi maoe at and rntffled by perioJK Urcurt Meaiivj. A txstnci Is uie cotyoinatsrAJ cfftafffy rcy group rf c￿E￿￿oU$ Orcuts ènd mokes Its declslw •t ye4rfy denarnlnatirul hraly teAr all Moth(x11zt churr1￿. The Connexkffijl ￿ knPmemts declstrts made by C￿l￿ence and (collectfvety known as minlstV5) kn IndTrvthJl Orcuts wfthln the Dlstn¢t. by the Sukwtritwidenl Mlnlster. mlnMeJl staff ar1 Ckcurt Sterta The Orcult Meet5n9 p￿se$ re9ulat¢)ry ¢￿trol th)wn to Churth CourKJts I￿)1 implwnentstK)n by the presbyter, ttr thurth Stewards, and c￿￿41$ 4s M•i•9lng Trust•as rf their Charfty.

Nottingham North Circuit of the Methodist Church Trustees Annual Report Year Ending August 315l 2020

Nottingham North Circuit of the Methodist Church Trustees Annual Report Year Ending August 315l 2020 .2 Purpo•e af the Clrc The Orcult Is a hxal W￿￿"n9 of churche5. The purposes of the Methodist thurch are afKI shall be deemed to have been since the aate of the Unlm, the bdvancemptht of: a. the Chrlst5an faith in acc(￿dance wlth the doctmnal stand)rds and the offjcipiine or tne Metrbodst Lhurch, and b. any charftable wrposes for the tlme belry any Connexlonal, D15trtct. GrcuiL I￿al organizat1￿1 of the Methodlst Church, arld any charltable purpose f￿ the tsme belThJ of any soclety Qr inststlrtlon subsldlary or anciiiary to the Methodst Church, and d. any purpose for the tlme belng of any Charity b•'ng a charty subsldlary oi" ancllldi y ￿ Lliv hI￿7￿J1>1 Churth. The prlmary pvrpose of the CSrcuit Is to adVaTr￿ the mtssion ol the (Thurches In Its geographlcal are): i. to provlde mlnlstry and admlnlstrative res￿r(e$ to local churches. 2. offerlng to Thurthes, I￿1￿CeS ( flnance• property, personnel and safegUard￿g expwt15e. 5.3 Govwnanc• Thé Clrevlt •￿rt•¢ wlthin a rtatutory frarnewo•k al re9ulé6•n and seeks to ensure that it follows Methodlst Standlng Orders. It relies on the Dlstrlct and the Connexionai Office at 25 Maryletone Road Lon¢Jon NWI 5)R to Prov￿ guldance on change5 that could affert the Circult, The arcult Meetlr)9 is the prlrbdple body resp￿￿b* for the knlrs ¢Y the Clrcurt and the development ¢Y riftuit poly. MembershlD d the Clrcult Meetlrbg Is set (xrt kn the CthitihJtrirtMI Practlce and Dtsclpllne crf the Methodist Church, {standlng orders).

Nottingham North Circuit of the Methodist Church Trustees Annual Report Year Ending August 315l 2020 5.4 R￿p￿￿1b11lty of th• Clrcult M•etk . to forniulate and prornote polkies wh•ch wll advanc• our pollry of d1%fAp￿thlp arbd rn￿5•0n. thrrxlgh evangdism. worshlp. servlce, I￿rnIng and caring: b. to SUP¢fvèse the use of resour￿5 of personnel. Ilnance and prDperty c. to encourage Inter. Churth and ￿menIcal co-operntlon: d. to assess the contrllxjtson to be made by each I￿1 church towanls rne general expenarrure or rne Lirciiic. Inuuaifi9 ine cjrcuit contnDUtion to the fv•ethQdtst ￿Urch Fund; to keep wthln its purvlew ail arcult ctyic¢rns Thot 08alt vfith f. to contrllxrte and resp￿d. as the case may be. to the development of C￿rboXknnal pollcles as refiected In the ￿rk ol the c￿VerenCe and the Mcttrbodlst Councll, and the Dlytrl< and to carry out Its other respon51bllltbes wlih any devel¢x>ment In mind: g. to be constantty aware of the p￿)lIC benefft guldance Issued by the Chr•rlty Coffim•30i••• rhe ￿rCuit Meetlng is charged to undertake these po1th5 the )ractices ot radlcal hospitallty, passlonate worshlp. Intent?OtVdl faith levelopment. risk.taklr4 mssion and servth. and extravagant 9en¥osity within the Clrcuit. Yey Worklng Prnctlces t wlll ensure that: ApPrO￿ate st4)ff have been and wlll be apOnted to re￿Ur¢e and SmpS•rn•nt th• Clrcult Pollcy. Safeguardlng pollcies and practices pernxate all areas of Clrcult lrfe. Equallty. alverslty and Incluslm 1nftKft￿ our practlce. FinarKe and reS￿rCeS are tn wce to enable the VISI￿ d the Pollcy. Clr¢urt? ond churchca ore cnobled to dcv6lop ttKlr ov•n Ml3Jlon Plans by 2020. io

Nottingham North Circuit of the Methodist Church Trustees Annual Report Year Ending August 31[st] 2020

6. Reference and Administrative Details

6.1 Name of the Charity

Nottingham North Circuit of the Methodist Church

6.2 Charity registration number

1134223

6.3 Principal Office

n/a

6.4 Chair of Circuit Meeting

Rev Andrew Charlesworth

6.5 Secretary of Circuit Meeting Mr Graham Daft

6.6 Circuit Treasurer Mr David Gorton

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Nottingham North Circuit of the Methodist Church Trustees Annual Report Year Ending August 31[st] 2020

6.8 Names of Trustees

The following served as trustees throughout part or all of the year, or were trustees at the date of the report

Rev Andrew Charlesworth Rev Sue Edwards Rev Barbara Neill Rev Lawrence Sharp Rev David Wheatley Gillian Bakewell David Blount Jennifer Breaks Derrick Brewster Anne Brewster Doreen Carruthers Steve Corah Rebecca Cornell Graham Daft Jill Daft Christopher Easton Pauline Fisher Joan French David Gorton Joan Hallam Lynda Johnson Anthony Derek Marshall Ian Pickering Shirley Pickett Audrey Seaman Gill Slack Patricia Stansby Peter Stokes Valerie Stone Gillian Surgay Elizabeth Walker Janet Wilson

6.9 Managing Trustees

The Managing Trustees for the circuit are all members of the circuit meeting

6.10 Bank

HSBC Arnold

6.11 Investment Managers

Central Finance Board of the Methodist Church 9 Bonhill Street London ERC2A 4PE

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Nottingham North Circuit of the Methodist Church Trustees Annual Report Year Ending August 31[st] 2020

6.12 Custodian Trustees

Trustees for Methodist Church Purposes Central Buildings, Oldham Street Manchester M1 1JQ

6.13 Independent Examiner

John O’Brien, employee of Community Accounting Plus Units 1&2 North West, 41 Talbot Street Nottingham NG1 5GL

Approvals

Signed on behalf of the Circuit Meeting by:

Trustee

Print

Date

Trustee

Print

Date

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CIRCUIT RECEIPTS AND PAYMENTS ACCOUNTS

THE METHODIST CHURCH STANDARD FORM OF ACCOUNTS

Nottinghan North

Circuit

FOR THE YEAR ENDED 31 AUGUST 2020

District
Nottingham and DerbyDistrict
Circuit no 22 01
Registered Charity - Charity Registration number
1134227

If not a registered charity Her Majesty's Revenue and Customs Gift Aid number

(The HMRC number is equivalent to a registered charity number in terms of evidence of charitable status and may be used to give to donors or grant funders wishing to see evidence of the organisation's charitable status. Methodist charities in England and Wales that are not registered charities are excepted from registration under Statutory Instrument 2014 No.242 )

Ministers:

Revd Andrew Charlseworth

Revd Susan Edwards (left April 2020)

Circuit Stewards:

Mr D Blount Mr S Corah Mr D Gorton Mr I Pickering Mrs L Johnson Mrs V Stone Treasurer:

Mr D Gorton

2015 Circuit R and P.xls

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CIRCUIT RECEIPTS AND PAYMENTS ACCOUNTS

THE METHODIST CHURCH STANDARD FORM OF ACCOUNTS

Nottinghan North

Circuit

FOR THE YEAR ENDED 31 AUGUST 2020

District
Nottingham and DerbyDistrict
Circuit no 22 01
Registered Charity - Charity Registration number
1134227

If not a registered charity Her Majesty's Revenue and Customs Gift Aid number

(The HMRC number is equivalent to a registered charity number in terms of evidence of charitable status and may be used to give to donors or grant funders wishing to see evidence of the organisation's charitable status. Methodist charities in England and Wales that are not registered charities are excepted from registration under Statutory Instrument 2014 No.242 )

Ministers:

Revd Andrew Charlseworth

Revd Susan Edwards (left April 2020)

Circuit Stewards:

Mr D Blount Mr S Corah Mr D Gorton Mr I Pickering Mrs L Johnson Mrs V Stone Treasurer:

Mr D Gorton

2015 Circuit R and P.xls

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