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2025-08-31-accounts

Trustee’s Annual Report September 1[st] 2024 – 31[st] August 2025

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Introduction

We present our financial statements and annual report for the Connexional Year 1st September 2024 – 31st August 2025

Our Objectives and Activities

The activities covered in these financial statements fall within the work of The Methodist Church in Great Britain (‘The Methodist Church’ or ‘The Church’).

The aim of The Methodist Church in Great Britain is to fulfil its calling, which is to respond to the gospel of God's love in Christ and to live out its discipleship in worship and mission.

The purposes of the Methodist Church are and shall be deemed to have been since the Date of Union the advancement of:

a) The Christian faith in accordance with the doctrinal standards and discipline of The Methodist Church;

b) Any charitable purpose for the time being of any Connexional, District, Circuit, local or other organisation of The Methodist Church;

c) Any charitable purpose for the time being of any society or institution subsidiary or ancillary to The Methodist Church;

d) Any purpose for the time being of any charity being a charity subsidiary or ancillary to The Methodist Church.

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In September 2025

We will have …

11 churches (14 worshipping congregations) Arnold Bestwood Park (LEP) Calverton Gedling Road Hucknall Central with Hucknall Eastside Nuthall with Aspley and Awsworth Phoenix Farm Ravensworth Road Rise Park (LEP) Sherwood St Johns

City Centre Pioneer Project 8 Paid Staff:

5 Volunteer Circuit Stewards:

Mr D Blount, Ms J Compton, Mrs L Davies, Mrs L Johnson,

Mr I Pickering,

3 Volunteer Safeguarding Officers:

Mrs M Carter, Mrs L Johnson, Miss G Surgay

3 lay staff:

Families Worker based at Arnold Methodist Church

Youth Missioner based at Arnold Methodist Church

Children and Families Worker based at Nuthall Methodist Church

1 student deacon on placement

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Our Circuit Vision Statement

Following the formation of the Nottingham North East Circuit in September 2020, we continue with our vision statement:

Equipping transformation through God's Love

We do this through …

Our Achievements 2024 - 2025

1. Development of circuit vision

As a circuit we continue to be mindful of

Our Circuit Vision remains the starting point for how we work as a circuit.

During connexional year 2025 – 2026 we will be undertaking a review of this vision assessing what we have achieved and where further work needs to be done.

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2. Prayer and Worship

3. Discernment and Calling

We seek to be a circuit where churches and individuals can consider their calling by providing appropriate support.

Our Deacon working in the City Centre has continued to network and build relationships within the City Centre. Discussions have begun regarding appointment of a Development Worker as part of the New People for New Places initiatives and we hope to appoint in the connexional year 2025 – 2026.

Arnold Methodist Church was successful in appointing a new Youth Missioner.

We continue to think about how we might recruit new circuit stewards, conscious that several of our existing circuit stewards are coming to the end of their term of office or have gone beyond it.

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We trained 5 new worship leaders and gave 2 existing worship leaders a refresher course. We currently have 4 local preachers in training.

4. Discipleship and evangelism

We continue to use the “Our Calling” framework and the “Discipleship Pathways” to underpin all that we do. Our Vision Co-ordinator continues to work with churches as needed as they seek to discern what their calling is as a congregation and in their local community.

5. Service and caring

We celebrate the various ways in which our churches serve their communities through

6. Communication and Resources

We …

6

We aim to…

Legal / Church Requirements

Safeguarding – we …

EDI Training – we …

GDPR – we …

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Annual Returns – we …

Property – we …

Finances – we …

Eco church / Eco Circuit

As of August 2024 we have

2 churches with sliver award

1 church with bronze award

At our circuit meeting in June 2025 we heard from these three churches about their experiences and hope to encourage other churches to explore becoming eco-churches.

We have registered to become an eco-circuit and work will begin on this from September 2025. Initially, we plan to produce a creation based reflection booklet and encourage a series of themed preaching across the circuit in October.

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Finances

Our financial statements accounts and reserves policy are attached to this report. We are aware that we have been running at a significant deficit over the past year. We have consciously used our unrestricted reserves funds to address this deficit.

We continue to be aware of the likelihood of there being a deficit in the coming financial year and will be seeking to address this while continuing to use reserves to enable us to support local churches with staff and other resources.

Bankers

Central Finance Board of the Methodist Church

CAF Bank

Trustees for Methodist Church Purposes

Independent Auditor Mr Benjamin McMahon-Riley

Structure, Governance and Management

The governing document for the Circuit is the Deed of Union (1932) and Methodist Church Act (1976) Detailed governance arrangements are outlined within the Constitutional Practice and Discipline of the Methodist Church by order of the annual conference (CPD). Day to day management of the Circuit is undertaken by the Circuit Leadership Team.

Trustee Body

All ministers, presbyteral and diaconal, stationed in the Circuit by the Conference or who are residing for the purposes of the stations of the Methodist Church in the Circuit and who are in the active work (that is not retired), are ex-officio members of the Circuit Meeting (the Trustee Body).

Other ministers who reside in the Circuit in accordance with the standing orders of the Church (including those who are retired) may choose to be members of the Circuit Meeting, and if they do so they are shown in the list of trustees.

Each church is represented by a Church Steward and the Church Treasurer

The Circuit Meeting has the power to co-opt other members

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Statement of Trustees Responsibilities

The Trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.

The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provision of the Trust Deed require the

Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources, including the income and expenditure of the Charity for the financial year. In preparing those financial statements, the Trustees are required to:

The Trustees are responsible for maintaining the proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity's website in accordance with legislation in the United Kingdom governing the preparation and dissemination of financial statements.

This report has been prepared in accordance with the Statement of Recommended Practice; Accounting and Reporting by Charities.

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Declarations The trustees declar• thal they hav• approved tho trustses, r•port abov•. Slgned on bohalf ol the ch S5gnatsirnls) Full nanie(s) Poslllon {•.g. S•crntsry, Chalr, ete) Strw ITH eKCc CHhifi Tevsfc 11

Statements of Accounts and Financial Activity September 1[st] 2024 – 31[st] August 2025

1

Financial Statements for Nottingham North East For the Year 2024 - 2025

As at
As at
31 August 2025
31 August 2024
INCOME
Church Assessment
Donation
Grants
Other Income
Interest
Layworker Recharge
Property Rental
Sale of Property
Transfer From TMCP
TMCP Interest/Dividends
Total Income
Total Income Less Exceptionals
STAFF COSTS
Payroll - Ordained
Payroll - Lay Workers
Payroll - Charges
Payroll - Other
Stipends
Eden Project Wages
Total Staff Costs
OTHER EXPENDITURE
District Assessment
CPF Levy
CMTF Contribution
Manse Costs - Maintenance
Manse Costs - Council Tax
Manse Costs - Water Rates
Manse Costs - Insurance
Purchase of Property
Admin
Admin Office Building
Phone/Broadband
External Organisations
City Centre
Bank Charges
TMCP Charges
Other Costs
Grants For Projects
Unclassified
Total Costs
Total Costs Less Exceptionals
Surplus/(Deficit)
Surplus/(Deficit) Less Exceptionals
£314,172
£305,836
£0
£0
£0
£0
£21,883
£39,633
£2,217
£4,018
£41,911
£70,051
£23,930
£24,005
£383,126
£0
£168,661
£149,527
£29,578
£52,057
£985,479
£645,127
£433,691
£495,599
(£127,099)
(£220,979)
(£124,381)
(£128,008)
(£1,263)
(£1,891)
£0
£0
(£28,546)
(£15,845)
£0
£0
(£281,288)
(£366,723)
(£117,464)
(£109,780)
£0
£0
(£64,751)
(£75,462)
(£94,470)
(£21,021)
(£10,045)
(£12,459)
(£377)
(£1,333)
(£964)
(£5,177)
(£411,097)
£0
(£5,146)
(£7,801)
(£16,358)
(£14,734)
(£4,682)
(£4,818)
£0
£0
(£141,658)
(£120,513)
(£60)
(£157)
(£3,185)
(£3,200)
(£23,538)
(£16,212)
(£94,870)
(£12,498)
£3,313
(£33,349)
(£985,353)
(£438,515)
(£1,266,641)
(£805,238)
(£697,529)
(£669,991)
(£281,163)
(£160,111)
(£263,837)
(£174,391)

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Financial Statements for Nottingham North East For the Year 2024 - 2025

As at Aug-25 Fixed Assets Property £1,761,872.00 Total Fixed Assets £1,761,872.00 Current Assets CAF Bank £35,832.39 Central Finance Board £55,581.48 Trustees for Methodist Church Purposes £798,439.91 City Centre £704,839.04 Total Current Assets £1,594,692.82 Net Assets £3,356,564.82 Reserves Current Excess/(deficit) to date (£281,162.54) Reserves £3,637,727.36 Total Reserves £3,356,564.82

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Independent Examiner's Report to the Trustees of The Nottingham North East Circuit

Independent examiner's report to the trustees of The Nottingham North East Circuit (‘the Company’)

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st August 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. Accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act;

  2. Or the accounts do not accord with those records; or

  3. The accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or

  4. The accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signature of independent examiner

………………………………………………………………….

Name of independent examiner:

Benjamin McMahon-Riley

Relevant professional qualification of independent examiner

AAT Qualified Accountant

Name of firm (where appropriate)

BR Accounting Services

Address :

2 Fairburn Way,

Watnall,

Nottingham

Post Code: NG16 1GH

26/03/2026 Date ………………………………………