Public benefit statement
The trustees of SMC have complied with their duty to have due regard to the guidance on public benefit published by the charity commission in exercising their responsibilities.
This annual report has been approved by the Somerset Mendip Circuit Meeting held on 17.11.21 via zoom.
wed ‘ Signed Bos, Shroff Ao: Rev. Tina Swire — SMC Circuit Superintendent
UPDATED 09.11.2021
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ReportP on behalf of |—
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To
- , Somerset Mendip Circuit Methodist Church Circuit Meeting
-
et cee ,
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_ Bristol District Methodist Church District
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We submit our annual report in accordance with the (ii) We have agreed a Reserves Policy which is requirements of the Methodist Conference and the set out overleaf and is recorded in the Charity Commission guidance in CC19. trustees’ minutes and our Annual Report (1) The trustees have established their mission (iv) We recognise the need to be accountable as aims taking into account all of the resources charity trustees for all the money which comes available in terms of people, property and into our hands and will provide further money information as required by the
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(ii)| Missionneeinitiatives/projects‘ have been costed Circuit/Distric/Connexion or estimates made of projected future costs (v) Our Report is attached overleaf which take into account the needs of the —————> buildings and the requirements of the * : Quinquennial Inspection Report/s please delete as appropriate
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To be completed by Receiving Body The _| Bristol District Methodist Church | |
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| District received the RESERVES POLICY of ’Somerset Mendip Circuit Methodist Church 7 Circuit Meeting
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Policy accepted and acknowledgement sent to the trustees YESLJ/NOL_] )
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Policy noted and the following enquiries made of the trustees Responses received and any further action taken 7 District Signatures — 22. ...seccsnennceseencnneesenseasaereesens euseuanesecensecesersenessesscareersesesres D@t@ct seceee
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- Please delete as appropriate
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Z
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RESERVES POLICY of | Somerset Mendip Circuit Methodist Church
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Circuit Meeting
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1. ___ General Funds held at Y/E 31/08/2021
(2. _ Restricted Fundsheld —“
|3. Endowment Fundsheld —“
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31/08/2021 [£849,058
—“ 7 | £ 9,309
—“ oe | £ Nil -
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- Reserves policy for General Funds | Itis our policy to hold 6 months expenditure in unrestricted funds to cover 6 months payroll costs and the other costs of the Circuit.
| In addition, it is expected that a manse will be sold in the next 12 months and replaced with a | more suitable property in the same area. This will require a large capital investment to upgrade, | so £200,000 has been designated towards this. We are also holding a further sum for major manse repairs pending and potential underpinning of one church building in the circuit. Advance knowledge of increased staff costs and decreased church contributions require prudence in holding further reserves to ensure and enable support of local church mission initiatives including on-line worship and eco projects aimed at community engagement. Continued support for Methodist VC and VA schools within the Circuit.
| _ 5. Policy for Restricted Funds - 7 Trust 13535 (£2,148) is available for training of Circuit Staff and will be continued to be used for this purpose. It is funded by a transfer of a minimum of £1,000 from the Circuit Model Trust Fund every year.
Trust 10117 (£7,161) is available to meet Circuit activities.
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Trusts 6874, 9522, 17572 & 13844 (£67,904) have been agreed by TMCP to be amalgamated,
| designated unrestrictedee and are presently uncommitted.
6. Terms relating to Endowment Funds held
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/
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No funds held
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This Reserves Policy has been approved by |Somerset Mendip Circuit Methodist Church |
Circuit Meeting
Treasurer i Trustee
Full name Angela Lucy Wittleton Full Name Rev Tina Swire - Superintendent
ee ae _ = —<—<$<$<$<$<—<$—— —$
Signature . | Signature
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a Circuit fan i >» Accruals Accounts — 2020-21
——— a * == = Y 1 y
THE METHODIST CHURCH REPORTS AND ACCOUNTS
for the year ended 31 August 2021
Somerset Mendip Methodist Circuit Circuit no *07/16
Registered Charity - Registration number
Rev Meg Slingo
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Barry Speddings
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Lay Employees - Janet Day, Elizabeth Manley, Mike Evans | Deborah Towner, David Knight, Bthan Foister and Mike Bewick
Circuit Treasurer
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Angela Wittleton
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Circuit No 07/16
Name of Circuit
SOMERSET MENDIP CIRCUIT
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Statement of Financial Activities (SOFA) for the year ended 31 August 2021
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| Notesto | CircuitModel | Designated | |||||||
|---|---|---|---|---|---|---|---|---|---|
| the | General Fund | Trust | Funds | Restricted | Endowment | Total | |||
| accounts | (Unrestricted) | (Unrestricted) | (unrestricted) | Funds | Funds | 2020-21 | |||
| £ | £ | E | £ | £ | £ | ||||
| Income | |||||||||
| 1 | Donations and legacies | 4 | 0 | ||||||
| 2 | incomefrom monetary investments | 6 | 938 | 2,342 | 7 | 3,287 | |||
| 3 | Othertradingactivities | 5 | 8,064 | 8,064 | |||||
| 4 | Assessments on Churches | 193,222 | 193,222 | ||||||
| 5 | Capital Receipt | 8 | 2,482 | 2,482 | |||||
| 6 | Grants received | {!] | |||||||
| 7 | Otherincome | 7 | 22,140 | 22,140 | |||||
| 8Totalincome | 226,846 | 2,342 | 0 | 7 | (¢] | 229,195 | |||
| Expenditure | |||||||||
| 9 | Grants and donations | 9,133 | 9,133 | ||||||
| 10Stipends | Stipends and related costs | i1 | 219,896 | 219,896 | |||||
| 11 | Property maintenance | 21,652 | 21,652 | ||||||
| 12 | District Levy | O | |||||||
| 13 | DistrictAssessment | 49,356 | 47,878 | 97,234 | |||||
| 14 | Insurance & Utilities | 12,055 | 12,055 | ||||||
| 15Telephone | Telephone&Travel | 5,972 | 5,972 | ||||||
| 16Agents | AgentsCommission on Lets | 1,008 | 1,008 | ||||||
| 17Admin | Admin Charges | 457 | 1,510 | 4 | 1,971 | ||||
| 18 | MinistryCosts | 5,455 | 718 | 6,173 | |||||
| 19 | 0 | ||||||||
| 20Total | Total charitable expenditure | 315,851 | 58,521 | 0 | 722 | 0 | 375,094 | ||
| 21Gains/(losses) | Gains/(losses) on monetary investments | (6) | |||||||
| 22 | Gains/(losses)on investment properties | 1,412 | AAlL | 2,523 | |||||
| 23Net | Netincome/{expenditure} | (89,005) | (54,767) | (4 | 396 | 0 | (143,376) | ||
| 24Transfers | Transfers betweenfunds | 107,573 | (280,518) | 200,000 | (27,055) | 0 | |||
| 25 | Other gains/(losses) | 0 | |||||||
| 26Net | Netmovement infunds | 18,568 | (335,285) | 200,000 | (26,659) | 0 | (143,376) | ||
| 27Total | Total funds brought forward | 1,705,525 | 755,044 | 35,968 | 2,496,537 | ||||
| 28Total | Total funds carried forward | ; | 1,724,093 | 419,759 | 200,000 | 9,309 | QO | 2,353,161 |
Circuit No 07/16
Name of Circuit SOMERSET MENDIP CIRCUIT
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Statement of Financial Activities (SOFA) for the year ended 31 August 2020
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||||||||||
|---|---|---|---|---|---|---|---|---|
|Notes|to|Circuit Model|Designated|
|the|General Fund|Trust|Funds|Restricted|Endowment|Total|
|accounts|(Unrestricted)|(Unrestricted)|(unrestricted)|Funds|Funds|2019-20|
|£|£|£|£|£|£|
|Income|
|1|Donations|and|legacies|4|0|
|2|income from|monetary|investments|6|2,195|§,152|14|7,361|
|3|Other trading activities|5|10,091|10,091|
|4|Assessments|on|Churches|163,307|163,307|
|5|Capital|Receipt|8|238,326|238,326|
|6|Grants|received|9|
|7|Other income|7|2,095|175,377|177,472|
|8 Total income|177,688|418,855|0|14|0|596,557|
|Expenditure|
|9|Grants and|donations|4,289|244|4,533|
|10 Stipends and|related|costs|11|195,167|195,167|
|11|Property|maintenance|10,740|10,740|
|12|District|Levy|165,894|165,894|
|13|District Assessment|51,624|18,343|69,967|
|14 Insurance &|Utilities|11,497|11,497|
|15 Telephone & Travel|11,235|11,235|
|16 Agents Commission|on|Lets|1,261|1,261|
|17 Admin|Charges|452|722|3|1,177|
|18|Ministry|Costs|6,709|755|7,464|
|19|0|
|20 Total|charitable expenditure|288,685|189,248|0|1,002|0|478,935|
|21|Gains/(losses)|on|monetary|investments|0|
|22|Gains/(losses)|on|investment|properties|(138)|(109)|(247)|
|23 Net income/(expenditure)|(110,997)|229,469|(!]|{1,097}|0|117,375|
|24 Transfers|between funds|(165,336)|164,335|1,001|0|
|25 Other gains/(losses)|0|
|26 Net movement in funds|(276,333)|393,804|0|(96)|0|117,375|
|27 Total funds|brought forward|1,981,858|361,240|36,064|2,379,162|
|28 Total funds carried forward|1,705,525|755,044|0|35,968|0|=|2,496,537|
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Name of Circuit
Circuit No 07/16
SOMERSET MENDIP CIRCUIT
Balance Sheet as at 31 August 2021
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||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Notes|to|the|(Unrestricted)|(Unrestricted)Trusts|||(Unrestricted)Funds|Funds|
|Accounts|£|£|£|£|£|||£|£|
|Fixed|Assets||
|SSSSC~=<“~~s~sSCiaSSSC|
|Investments|||dC|
|Current|Assets||
|[Debtors and|Prepayments|| Sa S||Saga] S||||8|
|toons|bytheGreutt =||te||||CC ||
|[investments|witnTmce|||Sa|||2,38]|———an0,6s3|——|200000]|9.g09|=||882,280|
|[central Finance|Board Depots|«||=i|SSS|ngaof|
|ashatankandinhond|SsTSiSSCiYSSSCS~wCSCSCS|
|||—«CTotaleurentassets| ——SSd?Caaib«|||-ara.oual__aa0esaltaal|||20000]||[——ssoai__—ioi’_—samazs]|Ct|
|[Grants[creditorsCurrent|liabilities (uein wnderiyer)|——=«dtSBdYSSCt]SSSCdSCSSSSCdSCSC“‘“‘;SWCd|OCOC~*dYSCOCSC|
|||payable within202-22,||||||
|||||——CTotatcurentiibi__Netcurrent|assets/t|i|bitities|ties||=|||[_—=——2,a0a|—atoyesa|—zoo,coo]——]|Samra]||S|0a]Sara]|.|283||S|5|
|[___Totolassetslesscurrenttobiities]|
|«|=.|72aosa]|——ana,7sei|200g]|ata]|8 268|
|due|after|more|than|one|year|=|=|a|
|a a|
|[Grants|payable after202-2||||CTC ||
|loenstothecreutPSPC|
|a|SSD(CTTT|TTTOy|
|Funds|of the|Circuit|
|[GeneralGreat|ModelFund(Unrestricted)Trust|fund|(Unresticted):||[| ————|||2,724,094)||_1,705,525||
|[Designated Funds (Unrestricted)|||||||
|||Total|Unrestricted Funds||||:||2,303,852||
|IRestricted|Funds|||ee)|35,968|
|lendowmentFunds|||er|ee|
|||SSS”|ota Funds]|——=S«d|ramp]atorselaoomoo]———sanal_——=io|~—=—sana|
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Somerset Mendip Methodist Circuit
Notes to the Accounts
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1. Basis of accounting
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|---|---|---|---|---|---|---|---|---|---|---|---|---|
|The financial|statements|have|been|prepared|in|accordance|with Accounting and Reporting|by Charities: Statement of|
|Recommended Practice (SORP)|applicable to|charities|preparing their accounts|in|accordance with the|Financial|Reporting Standard|
|applicable|in the UX and Re[public of treland (FRS102)|(effective from|1 January 2015) —|(Charities SORP (FRS102).|
|2.|Funds|
|The funds|held constitute:|Genera!|Funds|held|for any purpose|of the Circuit which are|Unrestricted.|The|Circuit Model Trust Fund|
|has wide purposes|defined|in Standing|Orders|and|is|categorised|as unrestricted.|Restricted|funds which are held|for a|narrower|
|purpose|. There are|also the following|Endowment funds|as|listed.|Details of each|material fund|are|disclosed|in the final|note to|
|these|accounts.|Any funds may be|represented|by more than just cash.|
|3.|Accounting policies|
|Basis|
|These accounts|have been|prepared on the|basis|of historical|cost except that investments are shown|at their market value|at the end|
|of the year,|on the|accruals|basis to show a true and|fair view of the|Circuit's|financial|position and|activities.|
|Income|Recognition|
|Income|is included|in the Statement of|Financial|Activities|(SOFA) when the|Circuit becomes|entitled to the|resources,|and the|
|trustees are|reasonably certain they will|receive the|resources;|and|the|monetary value can|be measured|with|sufficient|reliability.|
|Resources|Expended|
|This|is recognised whena|liability is incurred,|or a constructive|obligation|arises, that results|in the payment being unavoidable.|
|Liabilities|are recognised|as soon|as an outflow of economic|benefit|is|considered mare|likely than|not under the|legal or constructive|
|obligation|committing the|Circuit to|pay out|resources.|
|Grants|
|Grants|made by the|Circuit from|its own funds|are recognised|in full|at the time of agreement|or when the|Circuit accepts that there|is|
|a|legal|or operational|obligation to make the|payment.|When the grant|is recurrent over more than one year the balance payable in|
|future years|is treated|as a provision|for future|commitments|in the Balance Sheet against the appropriate fund, the provision|being|
|released|in future years|as|instalments|are|paid|in|accordance|with the|originally|agreed|terms.|
|VAT|
|Since the|Circuit|is not VAT registered,|all|input VAT|is charged|with the expenses to which|it|refers.|
|Tangible fixed|assets for use by the|Circuit|
|These are|capitalised if|they can be used for more than|one year, and|individually|cost at least £1,000.|
|The freehold|property|is shown|in the accounts|at 2015 deemed cost values.|No|depreciation|Is provided on the|building because|the|
|trustees|consider the|current|residual fair value of the|manse|buildings|(on the|assumption that|it had|reached the end of|its|useful|
|economic|fife|by the year-end) to|be|not|less than|its current value.|Any depreciation|would|not be|material.|The property has|been|
|reviewed|for impairment.|
|Investment|Properties|
|Investment properties|- no|property|is currently deemed to not be held|for the|long term|purposes|of|the|charity.|
|Investments|
|Investments are valued|in the|balance|sheet at market value|at the year end.|Investment income|is|included|in the|accounts when|
|receivable|and any gains or|losses on|revaluation|at the year end|are shown|in the SOFA.|
|Debtors and|Prepayments|
|Debtors|primarily|relate to the payment|of the September stipend|in|August.|
|Creditors|
|Creditors|include both sundry expenses|and|specifically the|ist|quarter assessment|received|in August.|
|Going Concern|These accounts have|been|prepared on the Going Concern|basis.|
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|||||||||
|---|---|---|---|---|---|---|---|
|Circuit|
|Unrestricted|Model Trust|Restricted|2021|2020|
|4.|Donations and legacies|Fund|Total|Total|
|£|-|7|£|£|£|
|Donations|0|0|0|0|0|
|Legacies|0|
|Total|0|0|0|0|0|
|Circuit|
|Unrestricted|Model|Trust|Restricted|2021|2020|
|5. Other trading|activities|Fund|Total|Total|
|£|£|&£|£|
|Lettings|(Frome|Manse)|8,064|8,064|10,091|
|Total|8,064|0|0|8,064|10,091|
|Circuit|
|Unrestricted|Model|Trust|Restricted|2021|2020|
|6. Investment income|Fund|Total|Total|
|Central|Finance|Board—_|938£|ee2,342|7£|3,287£|7,361£|
|Total|938|2342|£47|3,287|7,361|
|7.|Other income|
|Other Income|22,140|0|22,140|177,472|
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Included in other income are the closure of bank accounts from West Camel Methodist Church £596 and Sandford Methodist Church £20953 (2020 sale of Wells Manse)
&. Capital Receipt
Transferred Trust fund 2,482 2,482 238,326
The Trust fund from West Camel Methodist Church as transferred to TMCP (2020 Proceeds of chapel sales)
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||||||||
|---|---|---|---|---|---|---|
|9.|Payment to Trustees|This year|Last year|
|Payments made to trustees|or|related|family members for|
|additional|services|provided|to the|Circuit|by agreement|
|with the|Circuit|Meeting|£|
|Number of trustees who were|paid|expenses|
|Nature|of the|expenses|
|Expense|payments|primarily|relate to reimbursement for travel|and|computing|costs.|
|Total|amount|paid|£|5,239|10,731|
|10.|Fees for examination|or audit of the|accounts|
|Independent examiner's|or auditors’|fees|for|reporting|
|on the|accounts|£|500|500|
|Other fees|(eg:|advice,|accountancy|services)|paid|to the|
|independent examiner or auditor|f|
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11. Paid employees
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|||||||||
|---|---|---|---|---|---|---|---|
|Stipends and|related|costs|paid during the year were:|
|Gross wages,|salaries,|stipends|and|benefits|in|kind|£|
|Employer's|National|Insurance|costs|£|
|Pension|costs|£|
|Supernummeries and|Preaching fees|£|
|Admin|Charges|and|Apprentice|Levy|£|
|Total|staff|costs|£|
|Average number of|staff|employed|during|
|the|year were:|||4|tz|
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No employee received employee benefits that totalled more than £60,000. There is no accrual for holiday pay as it is not carried forward.
12. Tangible Fixed Assets
The buildings now comprise of 4 Manses (4 - 2020) located in Castle Cary, Churchill, Frome & Coxley. Castle Cary, Churchill and Coxley are currently occupied by serving Presbyters. Frome Manse is currently let. The Manses have been valued as at 31/8/15 on the ‘Deemed Cost Basis' or actual cost if purchased since then. It is possible that the Frome Manse will be sold during the next financial year with a more suitable replacement purchased. Values of potential sale prices for each manse has been compared on "Zoopla” and found to be in excess of recorded values by at least 28%
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Cost or valuation
Other fixed
assets Payments on
including Fixtures, | account and
Residential Other motor fittings and | assets under
£ £ £ £ £ £ £
|| ||
[Balance broughtforward | | S| Ctazarga{ =| S| 8,494,798]
Additions =] CT CCE CC
Revaluatios(/-) | S| CT CT Cd
Disposas) | CT CE CT CC
[Balance carriedforward | S| S| tagaroa]S|]
Accumulated Basis) | |<StorRB [SLorRB |[StorRB_ |storka_ | 3,494,793]
Depreciation Rate| | S| | |
[Balance broughtforward | S| S| S| | Cd CC
pemecaincuneorvents | | = | Ss | S| CT |
Revatuations (7) | S| | CE CT
Disposals) | CT CTC
Transfers) | CTC] CTC
Balancecarriedforward | Ss ] Ss] ST
[Broughtforward[CarriedNet book forward value | : S||| S| Caoarotago a || | | | |94,7983703 |
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13. Investments
The funds that support the Circuit Model Trust Fund and the Manses 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 thetr direction, the Managing Trustees comply with charity law and Methodist law and polity as determined by the Methodist Conference.
| Analysis ofinvestmentmovements | Thisyear | Lastyear | |||||
|---|---|---|---|---|---|---|---|
| Investments listedonarecognised Stock Exchange | a | a | |||||
| Investments held incommoninvestmentfunds, Securitiesnotlistedonarecognised StackExchange Other investments |
i a je 9,105 7,693 es eee eee Total 9,105 7,693 |
||||||
| Change in investmentvalues | |||||||
| Carrying (market)valueatbeginningofyear Add: additionsto investments at cost Less:disposals atcarrying value Netgain/(loss) onrevaluation Carrying(market) valueatendofyear |
: | 7,693 7,831 a ee eee ee e eee fF 1412 |
__ 9,105 7,693 |
||||
| 14,Analysis ofcurrentassets | Thisyear | Lastyear | |||||
| Debtors andprepayments | E | £ | |||||
| Pre paid Stipends | 11,950 | 11,809 | |||||
| Otherprepayments Otherdebtors Total debtorsandprepayments |
1,094 |
13,044 |
|||||
| Analysis ofcash atbank | |||||||
| Bank balance held in Co-operative Bank plc | 11,721 | 22,189 | |||||
| TotalCash and Bank | 11,721 | 22,189 | |||||
| 15. Analysis ofcurrent liabilities and longterm | creditors | ||||||
| Creditors | £ | 1,113 | 3,963 | ||||
| Assessments inAdvance | £ | 48,599 | 47,692 | ||||
| TotalCurrentLiabilities | £ | 49,712 | 51,655 |
16. Capital Commitments and Contingent Liabilities
At the 31st August 2021 the Circuit had no capital commitments. No Contingent liabilities were identified at 31st August 2021.
17. Loans
|Church||Purposeofloan|Purposeofloan|Amount
brought|New
|borrowings||Loan
interest ||Repayable
intheyear|Balanceat
yearend||
|---|---|---|---|---|---|---|---|---|---|
|||||forward||||||
|||—||||||||
|EEE||||ee||||po||
|Repaymentdue||||||||||
|DuebetweenLand5years | 31/08/2023P|
Due laterthan5years
||||31/08/2024zz||31/08/2025Ri||31/08/2026im
as
tears||
|18. Detailed analysis ofindividual|individualfundmovements|||||||||
|Unrestricted Funds
DuringtheyearitwasagreedatCircuitCouncil thatduetochangesatTMCPwewould amalgamatetrustswherepossibleandhaveasaresult||||||||||
|unrestricted some funds.||||||||||
|Trast 14855Sle
ofLand
Trust 19075DoneldCuet|Balance
1si3757|_223679|
43,877
147,892
||
2.490|||sisa7e||revaluation
Balance
:
vesio|| ason777[
warm
|OCS
7)
aay)|||||
||||||||||Property Model Trust||
|Development Reserve
Trust6874Unrestricted
Bequests Reserve
TermDevelopmentReserve
Designated - CircuitModelTrust||755,043|2,342|58,521|67,894
200,000
| (280,518)|
=
1,412|67,903
200,000
419,758|Amalgamated previous
Model Trust Bequests
|Designatedfundsforcapital
investment||
|Fund|Totals}|;
2,460,569
;|229,188|374,372|27,055|1,412||| 2,343,853|||
|Restricted Funds
RestrictedFundName
Trust6874-VariousBequests||Opening
Balance
10,614||Expenditure|| Transfers
(10,614)
|||Closing
Balance|Purposeof thefund
;
Capital availableforBuilding
Project. Interest is|||
||]|||||||unrestricted||
|;
Trust9522-SaleofCottage||75|||(75)|||Capital available for Building
Project. interest is||
|||||||||lunrestricted||
|Trust13535 -Training&||1,863|7|722
1,000|||2,148|aining ofCircuit Staff-|||
|DevelopmentFund||||||||taal
Internal Organisation||
|Trust17572-Southwood||10,918|||(10,918)|||Support ofCircuit Activities||
|Bequest||||||||||
|Trust13844saleof
house/land/school
EndowmentName|Totals}|6,448
35,968
Howthecapitalis
invested
Totals||(6,448)
SupportofCircuitActivities
(27,055)
4,111
9,309
;
Thecurrentvalueofthe
Annualincome
Whattheincomewas
capital
usedfor
ee)||||||
DECLARATIONS
Treasurer
| confirm that | have prepared the accounts from the records of the Circuit and that they include all funds under the control of the Circuit Meeting
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||||||||||
|---|---|---|---|---|---|---|---|---|
|Signature|of Treasurer|:|Date|
|Name|
|Mrs Angela|Wittleton|
|Address|
|Drilt|Hall|Cottage,|Street|Road,|Glastonbury,|Somerset,|BA6|9EF|
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Presentation to the Circuit Meeting for approval.
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|||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||confirm|that the Accounts the Accounts Accounts|have|been|presented|to|the|Circuit|Meeting|on|f|November|2021|
|and|were|approved.|
|meetingSignature|of the|Chair of the||‘|J|f|Date|November|2021|
|Name|of the|Chair|of the|7|
|meeting|Rev Tina Swire|
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| confirm that the Accounts the Accounts Accounts have been presented to the Circuit Meeting on and were approved.
Independent Examiner’s Report to the Trustees of the
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Somerset Mendip Methodist Circuit
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This Report is on the Circuit Accounts for the year ended 31* August
Respective responsibilities of Trustees and Examiner
The charity's trustees are responsible for the preparation of the accounts. The Charity’s Trustees consider that an audit is not required for this year under Section 144 of the Charities Act 2011(the Charities Act) and that an independent examination is needed.
It is my responsibility to:
- ° examine the accounts under section 145 of the Charities Act; ° to follow the procedures laid down in the general Directions given by the Charity Commission under e to state whether particular matters have come to my attention.
Basis of independent Examiner’s Report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination 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 or disclosures in the accounts, and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a “true and fair view’ and the report is limited to those matters set out in the statement below.
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Independent Examiner's Statement
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In connection with my examination, no matter has come to my attention:
(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 Charities Act.
to prepare accounts which accord with the accounting 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 understanding of the accounts to be reached.
Name -
Mr Christopher Gould
Signature CM Godol ~ |Date # (it /(2orI
Relevant Professional qualification or body
Chartered institute of Management Accountants
Address 15 Baglyn Avenue, Kingswood, Bristol, BS15 4XS
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