CALDERDALE METHODIST CIRCUIT (Charity registrats'on no. 1134254) ANNUAL REPORT For the Year ending 31 August 2024
TRU5TEES'ANIIUAL REPORT Wt4Yn. l• dwj to Iho L)wwv of 4 •t Ihv of th w48 7 Ik¥e44w• •( 51 an Iwllap Iwrknr 9r•ii c1£1thJ.X¥) to $uppM • ol Sycw MothodlBt C1(. TNS w•$ Imled frrn knAi¥ he A w Thna• wu at a o)Jt of£S82.493, Imwy to il arrival ol • r rnYffj• a(4J •• * l• lutt to b? up to It•d. LI lo h•ve 4 As at 31 Wt 2W24 urYestrKd rnt asgets ol tr C¥wil £424.707 apk¥ox¥na 11 tsmr for e¥WiW•. ld aslels t(rt8led £2212.493, of 5 r•s. These fwes exctsje gums Js lo £15.188 Ethh7Trt Icdal [28.114. Tl tclal ¢irvA Cw¢uh finthI 1kn5 frjr Corn •r ¥• ba8•J ha 4 slaff. We Cfjmin to dofAos ts rwj ofa F*e$ M•rwgwto assist the
The dIrt douffl is rewewed annualPy at the ma drcutt meèting updated as requwed to refiect the ¢uTherrt Struct and a¥Jirations of the ctrcu. F¢y the la8112 morrths the Clrt has teen operaiing With 4 PTesWrs. the support of 4 * Mwkeryts. It is anbcipated that thi8 wfjll be the strategy g.ng The CKcuit to mo¥e trhv8rds a cktster model, re a small number of thurches werfk more dosely together sharing restyjrtes. miysion, administration etc. Our model has 4 dusters. Each d(oter ill develop theK strategy for moving fonward. It may lo e combirtd church op8ratr&i on mulliple sttes Nwlhln each of the dusters. B••l¥ ol prwrtlon and l•g•l fMm•work The Chty'$ annual report aoUnts for the orKl•d 31 August 2024 have been prepar&J In awdarce wilh the Charilias Act 2011 and the Charitl&8: Ststement ol Recommended Praclice a5 appl to tho Chaiilies SORP IFRS 102, effeLt¥e 1 Janu•y, 2019). Ful Namè of Charfty. C4dv(lal• CirpJ ofthe Melh¥t Cfvjth. Re91•tr•ty Chary Numbw. 1134254 D8te of r•glstr•tlon'. 11102r2010 Maln communicatlon address.. The Cirvjt Offlce, St. PA'$ IAethr•JiJt Church. Trwér Hlll, Sowerby Brldge, West Y¢xksle HX6 2EQ. The merTthf¥ of t Calderdale Methodist Circurt meeting are the Charty Trustees. membershy belrvj made ol clrGuit offK• hddw8. mk)istw• • representativ•$ appolnted by the kx81 chuthe8. Full menknshlp18 as Appwrfix A to thbts r•po Clrcult Mlnl•t•rn WKI Offlc•rn Acove ClrrAit P4ristery4 and d¢¢ Re¥d V Alklns Revd C SheTh* Revd P Wdch (left 31mr24) Re¥d K Heathcc4e R•vd T Morting (Joined 01109r24) Circutt Lay Worker¥ Mr8 S Chri8be Iretlred 31108r24) Mrs P H8le5 Mrs L Bralme Mr T Ferguson Hwitage Lay Workerj Mr T Fergu80n (appdntfjd 01112rI3 to role) Ms tli•)e H4dw laFVOW)ted 01112r231 crUIt Stewards Mrs L Davenwl PArs M WNt Mr C Tofson Mrs K Wikl Mrs D Twue Miss P Lupton
CALDERDALE IAETHODI8T CIRCUIT Mr8 L Lupton Mrs J Clark Mr P Markh•m lar¢>Jit treasurefl acted a$ Ihe wincapal offiw over8eeirfflJ the day lo day financial managemerrt and ac<£u)ting tha circuit during thè year. Independent •¥amkners '. IUA 8if5tcw & Atkinsm. Chwt8Ted Accounlant4 N8lwork HC. thbs Be¢k Lo. Cle¢hoaton, Wejt Yorkshirg. 8D19 4 Inve8knent Bankern: ctrI Fina8 Board ofth• Moth¢xllst Churth The ¢knlty ¢"¢tiVe ij to act 89 a re8¢xwc probthr w6th1n around Cderdale Methodist Chur¢.' The purFQ8e8 of the Mothc41gt Chuth are and shal thm•d lo ha begn siru the Dats of Unlon the advanc•ment of.. a) Tha ChN8Vn fath kn actordAne ith th• dc<OnNI stwd•rds and di•aplin• of Tho MethtrJi81 ChLYth.. bl Any chantakAe purpo8e for th• time behy of ony Connexbn•l, Diltra CIrAl. kxol or 01 orgonis•tion of Th& Methothjl Chur(', cl 4)y charilobl• PUTPOS8 for the bging of any aocioty or instilulon 8ub8ldlary or and1ry to The M•tWi¥t Churth.. d) Any purpo•e ft>r th• Ing of ary chadty hltY4 1 eh•rity •ub•hJlary or ndllary to The Molhodlst Church Th• txg4nibon 8nd le8re19 ol regLrfar putlic xl• ofwornlmp own to mombèrn tsft church and rK)n members althe. The te•thing of Chrlstianty thrcwJh germons. u•S 4nd imall groups. reKurdrvJ ol pa8toraf iidudknj vi8W the K arKI bor•aved. Taking rdwJku8 a8m41•S in local 8thccA8. Promotion of Christr'grmty through th8 stagtffj of •vont8 and 1vke9. Provision of cwlairy Servic to tha hxal unwr¥ty ond other Snstiiubon•. Publlc B•n•fft We c4yfflm the tNgtee$ hav• had rogafd to Chwity ComnwMlon'$ wklavKe on benefft. The goveming dment for tho Is the De•d ofunlon (1932) and Mthist Church Act {1978) Detaiw wvem•nce arrangements are ¢Yined within the Consbtubonal Pr%llc4 and DI8dpl of the Metr#>JL8t Church by Mler of the annu corfforenc• ICPDI. F¢xJr Cwc¥Jit Me•tingg we herd •a¢h Jwto discuss Matt to acti¥e8. Day to day management of the is oken the CiroAI Lgader8hip Team alory ith the cl11 Slvwards M88ling, the Local Preathgrs ntI, the Circuit Finance and Property Cornmritees and the cirlt Management Committee. Other aWAHt commrtt8os algo meet reg¥ding manses and graveyards. There is dso a ritage ts)mmrttg9 ¥tkh provides an overy looking at the ¢hLWtes at Mwnt On ar Heptonstsll.
CALDERDALE MEfHODIST CIRcurr Trwts• TralnirvJ A range of guidance prO(ked by MetrKMJist Connexion to supwt the effectNe Nnning of the ¢ircult . ¥pe¢iffcalty the leallet'The Rde of a Tmstee in The Metho(list Church. is grven to all new Circuli meetyng members as Induct to their rde as trustee Relt•d P•rtlo1 The CIrct is part of the Yothslmre Wesl Di8lrid and L8 £n(at to the metIdiSt Conference. The folng MetPKJdist chu are linked to the ciffJJit Bethests. Bl¥k¥h Head, 8oothlown & SouthoTam. BriU$e Central, Chri81 Church LEP, Clifton. Cross Hills, Hebden Royd, Heptonstall. H•3hgale. Illlwwoth Moor. Mount ZK. Sothpate, St Andrvs. SL Matthavls LEP, St. Paul'8. Stones arKI Tt>Jmorden. Rl•k Manag•m•ftt Th8 major risks have been klenbfied and recrnl•d by tho Ckwit Flnanc and Property CommMtee with w0fe.0I ad¥ice laken M required. There l¥ ¥ regular annual mi•w Proce undert4ken IOrded. Income and Expendiiw•18 being Trwilcnd kn total and bo oYnpd approved annu•l bthyget on a regular ba818 to as part ol the iith managnant lo •voSd unkneMen calls on reseryo¥. Saf•gu•rdlng Every T90Th hai a value ar wtwch ¢cwne8 from th8 ueatlon of male and femole God'8 obvn image and likenrfs. Christian$ see tr8 potenljal fLffi4ed by God's rxreation of us Chri8t. AmoThJ othr thlngs this imples a duty lo value all peopfe as beariry the image ol God and refore lo prrtecl thwn from ham. Methodist Connexlonal practice CAAlineB commtsnenl lo the knng prinThplg8.' • the c8re arKI nurture of, and resF•cfful p081oral ministry with. an thuthn, youThJ peopkn •nd adults . the 8afeguarthrnJ 8nd yrteclion of al ¢hikefi, >Ung pwle aThl wfien they are vulnerdble . the •stabllshhJ of 8afe. ring cOMJnOe8 kYiNido a lovlTrJ Wbvkonmert vth•re there Is informed wgil4nce a¥ lo the dern ofalme. . We wll carefvlly select and train all those whh any re8pon8lbthty wlihin Ihe Chw¢). kn fi th Safer ReCrunI prile8, inchJtlrwJ use of crniinal CordS dbdosum regi81rallon tmlh the relevant vetitng and barring 8chemes. . We wll resp out delay to every cfjirolaint m8d8 wthlch Suwests that w •dult. chlld or Yn9 pernon may Lwn hamxd. ¢ooperntrJ the Fdice and authorlty In any investigation. . We seek to ilh has suffered thje, de¥ebplNJ Vith lIrn an appropriate minlsty of Infomd pastoral re. . We wtll seek lo challenge any abjse of pw. especIty by In a po8ith)n of tru81. . We 8e8k to offer pa¥toral care and supprf NKluding supeplston and refwTrl to Ihe prcper authonties, to any rrwnber of chwch communlty to hm offeTr agaimt a Child, yOg person vulnerable . In all these prtnclpk$ will fokn 1glation. gthnce r&xgni8ed good prad Th9 Calderd8k CiNit commtts rtsell to en¥uriry the of C(Thexional Safeguarding Pdicy,. leg1818tOon. gLlld and safe sxa(*ce in the clrt and in the Ghwche$. The Calderdae &rcuit CLYnmlts itseifto the wo¥i¥irm of Sur4. ad¥ice and training for lay and ordained people that wlll enswe people are dear and eonffdent thut their mles and reSpsibIlie5 in safegrdIng a1 promottThJ the wetrare of children and ad(dts may be vulnerable.
CALDERDALE MEfHODIST CIRCUIT The Reserves Policy for the Circuit is to hokj mlmM rkIng capital equNalent to 3 months, average expenditure. This should be suffwt lo meet any unfweseen item of major expendrture on manses and l or to be able to o)nb"nue. in the short term. fundir¥J planned actNths in the evenl ol any inabilty trj raise the full Circuit knesSftnt from churches. Addrtionalty, to include any amounts authorwl, bul nol yet spenL for sFeuf¢ Circuit prciects. grants for buddlng schemes. and grants for church Ms1On projects. Th• tru•tw dKl•r• that thoy have •pprov•d th• trust. report •bov•. SJgn•d on b•h•lf of th• charitys tru8t• Slgnatum Full nam R•vd Colln shornd Mrn D Sh•Thvood Po•ltlon Ch•lrp•rnonl Actlng Suprfntend•nt Mlnlthr 8•cr•t•ry 12th March, 2025
CALDERDALE CIRCUIT OF THE IEfHODIST CHURCH AS AT 31 AUGUST 2024 Appendlx A Full115t of Truste88 In the perlod and at the approval date Astsurx)d Patricia Mtlchell Elaine Alkins VKtoria Bailey Linda Bowden MorlirwJ Tony MurbJ3y Rffjer NicholF Michael Normanton DavKI Parratt Stsve Pchett Elizabeth Petch mlIe Pam Grayde L8ura David Hilary Bowen Braime 8nggs BggS BUtr Clark Janet Coupe Margaret Davenport Lesley Dobson Ajison Edmondson Glenda Ferguson Tom Helen Heidi Revlll Savil Saville Janet John Ruth Harry Shefwood Colin SheTh¥ood Dianne Shaw Christine Shillilo Gregg Smith Andrew Smrth Graham Smith Judith Stirrat GeNgie Teague Dawn Tolson Chri9 To180n Wendy P8tricla Garside Greenw(xJd Hale Hardy Holmes Holmes Heathcoat Hellowell Hew8rd Hubbard Iredale Kay Kenn8rd Kent Kidd Lupton Lupion Markham Mitchel Mitchell Pamela Angela John Rhard Kalh Angela Val Rits Keith Judith Oavid Graham Gillian Lymne Pipp8 Paul Allson Tumer Geoffrey Whrtaker Jonath8n Whrte Margaret WKldop Joan Wild Keren Wilkin80n Simone y(ng Young Young Deni88 Philip RMlgnatlon• durfng the poriod Bent Boud(e Brldge Glenys Chthick Christine Christie Stella Clarkson Val Greem¥ood Ros Highley Sue Knigm Ann Lees Colin Mccartney Marian Mike man Ogden Sha Stott Margaret Kathryn Christine Mary Julle Leslie p* Paul Webster Websler Wdch WKldop Su¥n
CALDERDALE METHODIST CIRCUIT (Charity registration no. 1134254) FINANCIAL STATEMENTS For the Year ending 31 August 2024
statem•nl of Financlal Actlvlliw (SOFA) forth• year ond•d 31 Augu8t 2024 Incom• 1Q.950 1017 420214 25.61$ 3 Irtthyrtfthx Irwebtrrerrtprwthi 421214 433,354 5 cl Rtt•pts e end trwlt iJo,• Tol•l Irrtor 719 485.rKI3 Expendlturn 9 Grnrts ond dc•AIkn 1.900 1$,144 11822 33.315 122IC 28JJl6 ts1,612 234.348 57.5 102.7 15,6 430 11,839 45.253 52• J74 78 270.ln 42,1fj 11 Proptyrqinknr• ••JJJ 18.V4)7 16 Offlca •yn 10 17 Totll cwbbl••xp•fflthurn 16 fO.874 lo7• 11 1462 Jiio .445 21 Tr•n*fwIbtttyr 12 io io oii.627 44.821 23 ¢knrg•knrfl0•) 24 Il•t 25 Total funds 0h1 forwyril 51708 2.158.101 S¢O.719 Y1,323 50,41J 114 2.U41,616 1863.398
CALDERDALE METK)DI8T CIRcurr Ctrcull No 27134 Balance Sheat as at 31 August 2024 Flx•dA•••th 10 2312.43 2.212.493 1,86D.327 28.114 124 50,4TJ 13 3.042 152.144 I.038 I2•?2 424.1 14111 13 112.n7 111.707 1,140rnII 1•.1 IDn8 1•n Il•bMMI•s ¢u••ft•rmorethmon• GianlB pByabfftf2OII9 14 14 2,127.2tr) 1.618,IOT $40,719 14 15.ie8 P1323 6ts,4n 510,000 1141M16 21,114 R•w 610.rix• 2.lJ7300 2&114 12-M•r-25 Paul M8rkh8ffl Cwcurt Treowrwl Trl
cALDERD IAETrIOOIST CIRCLvr Notes to th& Accounts for the year ended 31 August 2024 Ba•lB of A¢¢ountlng Ind PDll¢l•¥ Accountlng •l•ndaTd Tho financial statements have boon wepared in accordance wilh A(wunling and ReFQrtlng by Chariti8s'.Statemenl of Recommended Practrce ISORP) applThble to charrties preparing their accounts in accordance with the Finan¢ial Rewrtirvj Standard applicabbe in the UK arKI Republic of Ireland (FRS 102)(effective from 1 January 2019)_ (Chart1$ SORP(FRS 102)). Publ1¢ l)w•fit •ndty Th8 Calderdale Methodlst Clrcuit meets tha d8fin1tX of a publk tjenefft enllty under FRS 102. Assets and liabilrties are initially recognlsod at historical cost or transactn value unloss otherwlse 8tated in Ihe relevant accounling policy nolels) belw. These accounts have been prepared on the basls of histor1 cost excopl that investsnenls and manses are shown At their market value at the end of the y8aT. The accruals basis has boon usod and trust88s present ac¢ounl8 that a true and fair view of the Clr¢utt's fingnck81 pos10n and advttle8. Cont•nt The financial information presented ts reknnt, reliable, compBrab18 and cornplete. Where ostimale8 8re used these are based on experi8nce, researd) and judgement. The accounts are expressed in £sterling. rounded to the neare81 pound. FR8 102 8ORP 201• These accounts are compliant with FRS102 and wilh th8 FRS102 Sorp (effedS¥e 1 January 2019). The accounts have teen prepared In Ndance with the applicab charty law in England Ihls being the Charitses Act 2011 and Sl 20081629 (Charities Accounting and Reporting Regulations) and, pending tho making of r8placemeni Regulations speclfic lo SORP 2015 In accordance with Reg.8(41{d) of Sl 21X)B29. Golry conc•rn Based on the monetary assets and human te80urces aVaIlab at 31 August 2024, the trustees believe that the Circuit is a going concem. Cornolldaioon The clrcuh has denominational regulatory overslght in respect ofthe of chur¢hes *rythin the Circuit bul has no legal or operational control of th098 chUrd and their goveming Lxidies ex In extreme circumstrn. For thiB reason. the finanoal statements of Churches within the Circuit are not consolidated into these financial statements.
CALDERDALE METHODIST CIRcurr Notss to the Accounts for the year ended 31 August 2024 1 B•bl• olA¢¢ountity athd Accounflng p¢llch¥ l¢onL) Income is brought into account when tharn is an entitlement and the amount is Trliabty measurable once it is me likety than not that th8 econom benefft of the income wll be forthcoming. Individual amounts calegorised as "Other ino)me" in the SOFA will be SI seperalely tf they aro ¢on$4dered material. Tho arcuit acts as agents In t% matters.. The collo¢tion from Churches and payment over of their contributlons to varfous FuTrJs controlled and &Jminislered by the Mathodist Churth-"Connexonal FuThJs' The administralion (appllcation, ujllectlon and disburs8m8rrt) of grnnts reqtsted by Churches within the circurt from. but not limrted to. the District and Connexion. In th890 matters the transacti¢)ns ale rtot reflerted in the SOFA be¢au$8 Ihoy are the incomo of either the Connexion or Churches as appropriate. Inst&ad the transactKJns ar8 discbsed In th8 Notes to the Accounts 8$ required by SORP{FRS 1021. module 19.12. In accordanco with th8 Chariligs SORP(FRS 1021. the time of volunteers is not re¢ognised. Further information on this matter is provided in the Trtsstees. Annual Report. If goods are donatsd, a value wlll be shown in tho SOFA or Notes there the value is considered materTal. Expndlr• This is reGogni8ed wthen a liability is incuffed, or a conslrurtivo Ob1jabon ari808, vthere the amount s rellabty measurablo and 6t18 consklered morè Ilkety than not that thern will bo an outknv of aconomic beneflt. Ornnl• Grants made by the clrcuit from it8 ndS rewnised In fvll at the thne of agreement to make a grant wlthout pwformance ¢jyrtIon9 or 88 and when the Circuit xcepls that there18 legal or operational obligation lo make tho payment rf 1£ is subjed to perf0mnCe Cond9. VAT Sinc8 tho Circult18 reglstsred for VAT. all input VAT is chwged with the expenses to whkh tt refers. T•n9lbl• flx•d ••i•t• These are capltallsed rf they can be used for mcts than one year. arml indivrdualty cost al least £1,000.00 No deprecialion is wovided on the propertles because the trustees consider the current re8idual value of same {on the assumption that Tt had reached the end of its useful life by Ihe year end) to be not less than ils current value. Any deweciation Dukl not be material. Depre¢lalon is Fyovided at 20% per annum on Cost M equlpm?nt and 25% per annum on cost of motor vehicles.
CALDERDALE METHODIST CIRcurr Note8 to the Accounts for the year ended 31 August 2024 1 Basis ofAccounting and AcCJnting pol ( cont.) Mon•tary Inv•slm•nt• The Clr¢ulVs Invesbnents are in monetary assets ckqssified as basic financral instruments under FRS102 and are hdd by the Trustees for Mefvlist Church Purposes (TMCP) as ¢usknlian trustees. The valuallons, at rn8rket value. are thoge provKYed by TMCP. Tha unre81i88d gains aring on Investments at the year end are shMI in Iho SOFA R•e•fvabl•• and Paybl•s," Bank and Ca8h18a8k Flnanclal In8tNmnl8> Debtors ar& slated at the amounts to Ihe Ciniit or prep8KY. Credilors are initkqlly recogni8ed at settlément amount after trade dlscnunts. Wthere nom)al uedit tem)s appty, or ts amount advanced to the Circurt.Subs8qu8ntty cr¢ditus that a current liabilit$ are measured at the cash or other conslderab'on expected to be paid. Tr liquij lund5 of bank balan$ and deFo8It fund b818nces are shown at their realIsab values. Mothodl•t Connoxk>nal Fund• The Methcdist Church ConnexK)n raises assessments against Circuits and these are paid quarterty to their Dislitts. The Circuits r8ise assossffonts against Churd&s in the CircuFt. The District quarterty remits to the Methodist Church Fund most of Ihe sums receNecl from Circults. A small sum is retained by the District to meet its $ts. The Cilrt may act as apents for'ad ho collectlons for vark)u8 fvnds ca)ntrolled aTrJ Jministered by the Mettthist Church. Endorynt lund• Where the Clr¢ult holds money that may not be spent and must r•tsined las capitsl> to generate an income the money or assets lo be retsined a dassffied as an Enduwfftht Fund. Th8 capital 11 bè shown in the bal81e sheel in the column for endowment funds. The Income may b& restncted or unrestrlcted dependiw upon the tems of the endIYnenL
CALDERDALE MeTHODIST CIRCUIT Notes to the Accounts for the year gnded 31 August 2024 2 AB8eumonts on Chur¢h8• The Cirujil Comprise5 0116 chutche¥ and eh is assessed for a contnbulion to the overall nel costs of the Circuit. The urcuit aims to cover all net core cogts from the 858es8menL The assessment on churches is annualty delernined by the Circurt using a formula which tak Into account the number of church attendees. the number of mthrs and income. The relevant churches are as folk?." Bethesda Blackshaw HeJ BthtOn & Southov•vam Brighousg Central Christ Church LEP Cllfton Cro88 Hills Hebden Royd Hyhgate Illingworth Moor Sothhgale St Andre¥/8 st Matthes LEP St Paul's Stones 3 Grant• and don•Uon• 2024 2023 Stones Methodist Church Heplon$tsll Melhodlst Church Brlghou8e Centr81- •xpen80s shrfall- . reparJ New Ebenazer project Chri8tkgns in Calderdal8 Schools ICICS) 11x1,500 20.000 46.000 15,512 122 61
CALDERDALE IAETHOOIST CIRcurr Notes to the Accounts for the year 8nded 31 August 21Y24 4 Salar1 and a86oclot•d costs 2023124 202¥23 Gross wages and sakries Ernploye¢s nalKnal Insur8re costs Pension costs 229,071 17.820 187,432 14.443 234 Average number of slaff employed during the year No employees received total remuneration in excess of £60.IXM). S Prop•fy m•lnt•nanc• 11 Manse prowt Costs re unused church Graveyards upkeep 35.608 13,822 19,717 20.048 6 Paym•nt• to TN•t••• There were no payments made to trustees for addillonal services provvJ8d lo the circuit by greemenl with the Clrcuit meeling. except payments made to ministers and lay workers as their 8tipends.The Superintendent of the Clrtsjit. Ihe other Presbyttrs and the remaining member8 of the circuit leadership team are considered as key management P8rsonnel. They are all also truste88. The remuneration pald to this gmup of indrliduals totslled £279.884 (2023 £215,047) Trustee eX[seS Number oftrustees Tolal amount pard 040 ExFnse payments primary rdate to reimbursement for travel and computer o)sts. 7 Fe8• for Ind•p•ndent •xamlnaUon ot th• •ecounts lThlependent examir*rs fees. Other fees pald lo the independent exam (auditor) 420 8 For Infomiatlon onty, Mon•y r¢uiv•d and pas•ed on lo Extsrn•l Org•nl8atlon8 Balance brought fopward froffl lasl Offeriryjgrfts recewd fv extemal 0ryanisatkj Offeringslgffts passed to extem81 organisations Balance carried fop•vard 6.703 6.703 6,993 8,993 9 Capjtal Conwnftments and Conllng•nt Li•bilitl•8 At 31 August 2024 Circuil had no caprtal commitrnents or continwt liabilities.
CALDERDALE IAETHODIST CIRCUIT Notes on the Accounts for the year ended 31 August 2024 10 T•ngibl• fix•d aso•1• Cost or Valuatk)n FIxturl IAotor •qulpm•ni V•hklo Man•e8 Total Balance brought fornErd Additions Revaluations Disposals Balance carried forward 1.650,000 562.493 5,927 0 1.655,927 2 212 493 0 2218420 Accumulat•d d•prnclatlon Basis NIA 8L 2V Balance brought forward DeprecialhJn charge lor year Revalual Dl$posals Balance carried for4vard 5,600 327 5,600 327 Nat book valu• Brought foryd Carried fonward 1.850.000 2,212,493 327 0 1,650 327 0 2212493 Prior lo one man8e being sokl 4¥fien vacant after August, 2024. a more mcmlem man88 purchased during th, year al a cost of £486,522. AJter'on8 to the manse layout totalled a further £75,971 11 Inv••tm•nl• The funds that 8UPPOrt the Circyjrt Model Tru81 Fund and the Manses Fund are hetd by TMCP in Trustee Inl8r651 Fund8 on interest Is creditod to th8 accounts each month. These are regarded as medium 8nd long lem) inve$lments. TMCP is the legal iyner and Custodian Trustee of all MethodLfjt Model Tru¥l propety. Includlng legacw, endments and accumulated funds. Trust prcyty is hekl for and on behaw of local Managing Trn$te8s who a reSpOnbIe for the day to day mnagement of trust propety. TMCP ensures that. through provKliro guanCe and acting under their dIrectn, the Managing TnJ8lees compty with charty knv and Methodist18 and polty as detemined by Ntsthodjst ConfeienL.
CALDERDALE METHODIST CIRCUIT Notes on the Accounts for tho yeai ended 31 August 2024 Inv•slm•nts {conLI An•ty•h ol Investhrf mov•ments 2023 Investments listed on a recogni58d Stock Exchange Invoslmenls held in commn investment fund$ Securitie8 not Ited on a recognised Stock Exchange Ca8h dep08its h¢kJ at TMCP 11.598 10,770 16,516 28.114 39,703 Total Ch8ny in Investment value8 Carying Imark6t} valuo at bgginning of year Add.. additions lo investThnls at Mst Lgs8.' dispo8al8 at carrying value Net galnllo$8 on rwaluation Carrying (market) value at YW ond 50,473 49.595 -24821 878 50.473 28.114 12 Trnnsf•r• b•twMn fund8 A now mans• was PUTcha8&J dudThJ the and wKludod as a fix•d ass•t thg Gemrnl Fund (Unrestrlctedl. bul funds from th8 Clrcuit Model Tru$t ICMT) were used for payment. as 18 nomwl praciKe. AddrtKJnally. thera 18 8¢)ff oxpwiditure intialty paid frryn Fund reimburnoment from the CMT account. It w8¥ also agreed by TnJste88 al ts Circuit me.ng that a number of Inmt fund8 held wth Tru8t888 ftr Methodl$l Church PJrp08e8 (fMCPI and prevlou8ty described as Regtricted or Endowm8nl Funds. could b8 U88d to lund building grant for Stone8 Methodi81 Chur¢h. The¥e fvnds were fulty investigated by TMCP 8nd confirmed to be unrestricted In their use. During the year a r1 £513,627 was transferred to th8 Genaral Fund Fund. and 8mounts of £80,445 and £24,821 W8r8 transferred from Restricted and Endowm8nt Funds re8PeCtivety. 13 An•ty•h of ¢urr•nt ••••ts O•btor• and pr•p•ym•nts Sundry debtors 35.186 46,301 35,1e6 An•ty818 of erndltorn A88888menl$ in l¥ance ProvisK?n8 luture ¢08ts re c108ed church88 Other creditors 93,980 121,888 29.036 89,361 23,346 112707
CALDERDALE hETHODIST CIRcurr 10 Notes lo th8 Accounts ftjr the year onded 31 AU$l 2024 14 Datsll•d •naty81s of Indlvldual fund en Unrestrlct•d funds Closlng Expended Transforn Balance 470.ChJ2 513.627 2,637.200 180,811 408,361 96.268 650,813 105,268 2 733.466 B•lanc• 2.158.101 540.719 2.698.820 General 1kne1 Iw8t fvnd 435,474 144,719 580.193 The general lund 1$ for the fvrtherarKe ofth8 gerwal of the ¢ilL The M(wJd TTrt FuThd $upport8 InativeS in mi3w, ministry wiroxh. R•8trfct•d Fundi Op•nlThg B•l•n 14.448 48.478 Clo•lng Incom• Ewnd•d Tr•n•f•rn Balanc• 781 41 15.188 1738 138 1054 3,573 M Halslead18g King Cross retskeTs Ebene2er car818ker8 )use -s78 -30367 -80.44S 263 EndoyMnt Nam• ¢•plthl In¥••tod Curv•nt uphl v•lu• Annu•l Inc. Vartous lunds (9) Trustees frK Melh Ch. 990 The rethcted fijnd is for the for1vn9 pwpose8'. M Halstead- Town centre develcpment See note 12 regwdlng the u8• offurKl8 trar*ferreO fTom Cr088 & Ebonezw caratsk•r8' houses. C¢)mparntfv• aThaty•l• of Indmdual fvnd nM)¥•mnts 202212023 Unr••trlGt•d fvndl Opwlng Balanc• 2.154.039 580,C65 2.714.104 Clo•lng Incom• Exp•nd•d Trnnif•rn Balan¢• 4,580 411,894 -80,824 2,158,101 17,255 117.225 80.624 540,719 513,835 529.119 0 2,698.820 General Model trust fund
CALDERDALE MEfHODIST CIRCUIT 11 Notès on the Accounts for the r erKled 31 August 2024 14 Detall•d anatysls of Indmdual fund movem•nts (conL> Comparatfve anaty$i• of individual fund mov•m•nt 202112022 {conL Restricted Funds Openlng Clo8lng Balanco Incom• Exd Transfern Balance 14,038 450 14,448 47,1¢YJ 1512 48,478 917 29.397 2,879 92.323 M Halslead acy lQ'ng Cross caretakefs house Etfjnezer caretakers house 134 81 255 89,699 endowm•nl Nam• How caWtsI Inv••t•d Currnnt c•pllal v•lu• Annual Ine. Various fvrKJ5 {171 Trustees for Meth Ch. 49.595 283 Capltal commltm•nt• A8 at 31 Augusc the charity h1 ca1 commknients {2023 £485.IJX)). Tru•toM' v••pon8lbllltle• •tst•m•nt The Iru8tees are responsibl8 for preparing the TNst80s' Annual Report aThJ the financlal statements In accordance vAth appluble Law and United Kingdom Accounting Stsndards (Unlted Kingdom Generally Accepted Accounting Pracbcel. The law applicable to Chanlies in EnglarKI and Wales requires the trustees to prepare financial statements for each acuunling year 1¢h glve a true and fair of the stsle of affairs of the charfty and of the InMIfig ffjsources aThJ applicat of Tesources ol the ¢harity for that period. In preparing these fina81 statements. the trustees are requir&J to . select Suttable a¢counting potici•s Ihen appty them consistenty,. observe the mtsthL¥ls and prinoples in the Charits'es SORP IFRS 1021., make judgements and estimates that are rea&Onab and prudent; state whelher 8Oicable accountining standards have been fr10thd. Subject to any matwial departures disck)sed and explained in the finanrial statements: prepare the financial slatements on the golng concem basis unlesg f( 15 inapproprlale to presume that the chaty wll ¢))ntinue in operatth. The Iruste8s a responsibl8 for keeping proper accountiNJ records that disclose wlth reasonable accuraey at any lime the financial KJsilion of the ¢hanty and enable them to ensure that the financial statements compty with the Charitses Act 2011. the Chariti8s (Ac£ounls and Reports) RegulatK*ns 2008 and the provisions of the trust deed. They are aL80 reskxmsible for safeguarding the assels ol the charity snd henct for taking reSOnab step5 for the prevention and detecuon of fraud and other irregularities.
CALDERDALE METHODIST CIRcurr 12 For the year ended 31 Au9USt 2024 DECLARATIONS Tru•urer I confirm that these accruals- ba acownts fw the year to 31 August 21Y23 have been prepared from the records of th8 ryrcuit and that they inc6 all funds urKler o)ntrol of the Circuit mmeting. SnatUre of Treasurer Date 12-Mar-25 Name Mr Paul MaJkham Address 121 Illheattey Road. Whe•. Halrfax Prè8•ntstlon to tho Clrcult m••tlng lor •pwoval. I confim that thè annual report and aCcnts for the year ended 31 AU$l 2024 V•we presented to the circuit meeting hekj 12 March 2025 and *ere approv. Signature of the Chalr of the meeting 12-Maf-25 Name
Independent EXIneI Reportto th• Tfixt of Calde1• Clrtuliofth• PA•thodl•t Chur¢h. I repNt k carfty tre1 w my exa1•) ofts dThty fortheykar erbJ8d 3181 Aj¢ 2Q24 arntat ¢yJt on pwfto12. RpIllbIlld•I and l)Mkn d i•port 2011 }. I ry¢41 kn spe¥ ofrny exarrthkn ¢h8rti¢s wthree¢YJDn 145 ofthe Ara and kn tyjt my eX•Thmlb)n I ha¥e folltrd ¥ll thu aPPke Lare¢8 ch•ntyCMffMMb thler 145(5Mb) A¢t. IrthFnthnt Skn¢4 ts ch•rtyi gro88 •xc¢ed•d £250,C(rf) sw•1•7Kr rThJvt a fflefflLrd bfy l•l•d in sedkn 145 of th8 AQ. I confffli that l 8m tyalhlod Io Lthke t¥Wrinl be I i of Ih Of Ch¥l¢r¢rf ttJ)Iiii•nts In & Wakns, 18 one ofth• Iraled bt)Js. mo e4uit to bekn• lh kn •rry mii•rMf rw•cl". ac¢OUj rK4 k•pt In by 130 ¢f ¢on$ldered ai part ol an •xqfflinknn. SAWNTHA Hurr1 CHARTEREDACCOUNfA Ho StLI)$ Lar gD194 Datè 12 Marth 2025