PURLEY METHODIST CIRCUIT ANNUAL REPORT AND ACCOUNTS for the year ended 31 August 2020 Registered Charity Number 1134261 Ministers Rev Faith Nyota (Superintendent) Rev Kathy Flynn (to 31 August 2020) Rev Sang Wook Han (from 1 September 2020) Circuit Stewards Nick Foster (to 31 July 2020) Marjorie Dear Eleanor Day Ann Wagstaff (from 15 September 2020) Circuit Treasurer Nick Foster
THE METHODIST CHURCH - PURLEY CIRCUIT TRUSTEES. ANNUAL REPORT FOR THE PERIOD 0110912019 TO 3110812020 Charity Name The Purley Circuit of the Methodist Church Registered Charity Number 1134261 Introduction The Purley Circuit of the Methodist Church (Purley Methodist Circuit) is largely a suburban circuit on the southern outer edge of the Greater London area, lying mainly in the London Borough of Croydon and Tandridge District in Surrey. The Circuit is mostly built up, extending from South Croydon with urban characteristics, through outer London suburbia to Surrey commuter territory, but including also areas of greenbelt. The area covered is largely affluent, though there are significant pockets of deprivation. The calling of the Purley Methodist Circuit is to respond to the gospel of God's love in Christ and to live out its discipleship in worship and mission. It does this through worship, learning and caring, service and evangelism. Mission Policy The Purley Methodist Circuit exists to: share the good news of Jesus Christ in word and action encourage people into a closer relationship with and deeper understanding of God serve the communities within its geographical area enable the Circuit churches to flourish and to carry out their mission safeguard and protect all at risk - vulnerable children, young people and adults These purposes will be met by: strongly encouraging each church to set itself a strategy to fulfil these purposes, and to report progress in fulfilling their strategy annually to the Circuit Meeting using and developing a diverse mix of people, lay and ordained, paid and unpaid, as directed by the Circuit Meeting, in support of these strategies using the physical and financial resources of the Circuit in support of the strategies working collectively together as a team, to support one another and make best use of skills and knowledge building relationships with other Circuits and with churches of other denominations to share resources and to facilitate mission and service At present the Circuit will: encourage the churches to seek vocations to the roles of Local Preacher and Worship Leader, and offer appropriate training to those who come forward ensure that each church has a recognised person as chief person giving pastoral care, and that that person is enabled to have sufficient time available to support that church seek to ensure that there are reasonably frequent opportunities for the churches to come together, for worship, for joint study and for social contact seek to ensure that young people are encouraged to meet with other young people from around the Circuit
Objectives and activities 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. During the year the Purley Methodist Circuit comprised 230 members, 2 full-time ministers, 1 part~ time minister, 5 Supernumerary ministers,1 part-time Circuit Administrator, 6 Methodist churches and 1 Local Ecumenical Partnership (with the United Reformed Church), located as follows: Caterham Methodist Church: Coulsdon Road, Caterham, CR3 5NJ Coulsdon Methodist Church: 83, Brighton Road, Coulsdon, CR5 2BE Hurst Green Methodist Church: Hurstlands, Hurst Green, Oxted, RH8 OHG Sanderstead Methodist Church: Limpsfield Road, Sanderstead, CR2 9EF South Croydon United Church: Aberdeen Road, Croydon, CRO 1 EQ Warlingham Methodist Church: Limpsfield Road, Warlingham, CR6 9LE Whitethorn Avenue Methodist Church: Whitethorn Avenue, Coulsdon, CR5 2PP The main activities of the Circuit in relation to its objectives are: The organisation and resourcing of regular public acts of worship open to all people without charge. The teaching of Christianity through sermons, courses and small groups. The resourcing of pastoral work including visiting the sick and bereaved. The promotion of Christianity through the staging of events, services and assemblies at local schools. The Purley Methodist Circuit gives leadership, encouragement and support to its seven churches as they offer a Christian witness in their locality and develop their individual callings. The staff aim to work as a team and will give significant attention to enabling the mission of the Circuit- primarily through local church initiatives. We are developing youth work in two areas and encouraging closer working between groups of churches. The Circuit strives to release the gifts and talents of lay people and we have a number of Worship Leaders. The Circuit offers shared activities to supplement what each church is able to offer, such as shared evening worship, groups studying theology, youth activities etc. It encourages the spiritual life of local churches and urges them to engage with the local communities in service and evangelism. Ordained and lay staff are valued and one Circuit Steward has special responsibility for their pastoral care. We confirm that the trustees have had regard to the Charity Commission's guidance on public benefit. Achievements and performance a) The Circuit has continued to encourage the local churches to offer meetings for prayer and Bible study and to find suitable ways to engage with their local communities in service and evangelism while recognising that the pattern of such activities will differ from church to church. Since March 2020, due to COVID-19, these activities have taken place via Zoom.
b) The Circuit continues to offer events which supplement what each local church is able to do by seeking to ensure that there are reasonably frequent opportunities for the churches to come together, for worship, for joint study and for social contact. c) In addition to the usual pattern of meeting twice a year in September and March, other meetings have been held by individual churches to reflect on the effect of COVID-19 in terms of outreach, worship, fellowship and finances. d) The Circuit continues to encourage the local churches reach out to the missing generation of children and young people. Two churches employ Family Workers and one church also employs two Youth Workers. Two churches hold Messy Church events for children. e) The Circuit seeks to ensure that young people are encouraged to meet with other young people from around the Circuit. fj The Circuit encourages the spiritual development of church members by encouraging the churches to seek vocations to the roles of Local Preacher and Worship Leader, and offering appropriate training to those who come forward and making best use of the talents of members doing local arrangement services. During this period, one Local Preacher was accredited, another was placed on Trial and a further Local Preacher was transferred to the Circuit. g) The Circuit supports and encourages the local churches in their ministry and mission. A minister was deployed with specific gifts/experience of Fresh Expressions/church planting to strengthen two of the churches in the Circuit. h) The Circuit has continued to ensure that each church has a recognised person as chief person giving pastoral care, and that that person is enabled to have sufficient time available to support that church. i) The Circuit has continued to ensure the implementation of the Connexional Safeguarding Policy, government legislation, guidance and safe practice in the Circuit and in the churches. j) The Circuit has begun conversations with a neighbouring Circuit with a view to work collaboratively, creatively and strategically together. Financial review The Circuit's annual report and accounts for the year ended 31 August 2020 have been prepared in accordance with the Charities Act 2011 and the 2014 version of Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with FRS102. Financial position at the end of the reporting period As at 31 August 2020, the net current assets of the Circuit were £92,627 (2019: £69,194) of which £38,758 (2019: £41,753) was held as a General Fund reserve, £20,144 (2019: £982) was held as a designated Manse Maintenance Fund reserve, £450 (2019: £450) was held as a designated Benevolence Fund, £20,675 (2019: £26,009) was held in a Circuit Model Trust Fund and £12,600 (2019: nil) was held in a Restricted Fund. In addition, investments of £4,237 (2019: £4,313) were held in the Circuit Model Trust Fund. The Circuit Model Trust Fund derives its income from sales of chapels and manses, and the application of the fund is restricted by the Methodist Conference. However, this restriction is an internal regulation, and the fund can be used for a variety of purposes, subject to approval from the Trustees for Methodist Church Purposes.
In the year ended 31 August 2020, one grant of £5,000 was made from the Circuit Model Trust Fund to a church in the Circuit (2019: nil). Statement of the Circuit's policy on reserves The Circuit holds reserves in order to secure the viability of its future mission. The reserves policy takes into account the Circuit's mission policy, and likely levels of future income and expenditure, based on planned activity. The reserves policy is reviewed annually by the Circuit Meeting. The reserves policy of the Purley Circuit is to hold a General Fund reserve equivalent to 3 months normal expenditure, excluding expenditure on manses, and in addition a Manse Maintenance Fund reserve to allow for the fluctuation in manse expenditure from year to year. The General Fund reserve at 31 August 2020 was in line with this policy. The Manse Maintenance Fund reserve at 31 August 2020 was considered appropriate in view of likely manse expenditure in the coming years. The Benevolence Fund is applied at the discretion of the Superintendent Minister and the Circuit Leadership Team and is designated for the relief of poverty and distress. The Circuit Model Trust Funds are applied to support the mission and development of the Circuit and its individual churches. The Restricted Fund derives from emergency funding from the London District for accommodation and removal costs. Details of any funds materially in deficit As at 31 August 2020, no funds were in deficit. Information on income and expenditure In the year ended 31 August 2020, 72 % (£125,256) of the Circuit's income was derived from assessments paid by each of the individual churches in the Circuit, and 19 % (£32,350) was rental income from the letting of manses. (The corresponding figures for the year ending 31 August 2019 were 87 % (£142,444) and 11 % (£17,740) respectively.) In the year ended 31 August 2020, 54 % (£80,775) of expenditure was on pay and related costs, 3 % (£4,714) was on the maintenance of property, 6 % (£8,407) was on other property costs, and 17 % (£26,162) was the Circuit's contribution to the District and Connexion to fund the work of the wider Methodist Church, including a levy on the Circuit Model Trust Fund. (The corresponding figures for 2019 were 60 % (£112,392) on pay and related costs, 14 % (£25,440) on the maintenance of property, 5 % (£9,744) on other property costs, and 14 % (£26,114) contribution to the District and Connexion.) Structure, governance and management Purley Methodist Circuit is part of the London Methodist District and is accountable to the annual Methodist Conference. The charity is constituted by an Act of Parliament. The governing documents for the Circuit are 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). The Connexional Office implements decisions made by Conference and is also responsible for the stationing of Presbyters in individual Circuits.
Connexional decisions are passed to the Chair of the District and appropriate Officers of the District for regional implementation. The District passes the control down to Circuit level for local implementation by the Superintendent Minister, ministerial staff, Circuit Stewards and Circuit Treasurer (Circuit Leadership Team) via the medium of the Circuit Meeting. Day to day management of the Circuit is undertaken by the Circuit Leadership team who oversee the day to day running of the charity and report to the full meeting of trustees. The membership of the Circuit Meeting is laid down in the Constitutional Practices and Discipline of the Methodist Church. The managing trustees normally meet twice a year, in September and March. The trustees consist of Circuit office holders (appointed by the existing trustees), Ministers (appointed by the Methodist Conference) and representatives appointed by the local Methodist churches. Trustee training A range of guidance is produced by the Methodist Connexion to support the effective running of the Circuit. In particular, the leaflet 'The Role of a Trustee in The Methodist Church, is given to each trustee. Risk Management Major risks are considered by the Circuit Leadership Team with professional advice taken as required. A regular review process is carried out by the Leadership Team to ensure that the Charity is fulfilling its objectives. 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 us in Christ. Among other things this implies a duty to value all people as bearing the image of God and therefore to protect them from harm. Methodist Connexional practice outlines commitment to the following principles: the care and nurture of, and respectful pastoral ministry with, all children, young people and adults the safeguarding and protection of all Ghildren, 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 dangers 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 disclosures and registration with the relevant vetting and barring schemes. We will respond without delay to every complaint made which suggests that an adult, child or young person may have been harmed, co-operating with the police and local authority in any investigation. We will seek to work with anyone who has suffered abuse, developing with them an appropriate ministry of informed pastoral care. We will seek to challenge any abuse of power, especially by anyone in 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 community known to have offended against a child, young person or vulnerable adult. In all these principles we will follow legislation, guidance and recognised good practice
The Purley Methodist Circuit commits itself to ensuring the implementation of Connexional Safeguarding Policy; government legislation, guidance and safe practice in the Circuit and in the churches. The Purley Methodist Circuit commits itself to the provision of support, advice and training for lay and ordained people that will ensure people are clear and confident about their roles and responsibilities in safeguarding and promoting the welfare of children and adults who may be vulnerable. Reference and administrative details Charity Name The Purley Circuit of the Methodist Church Registered Charity Number 1134261 Charity's Principal Address Sanderstead Methodist Church, Limpsfield Road, Sanderstead, South Croydon, CR2 9EF The Charity Trustees are the members of the Purley Circuit Meeting. This comprised during the year of this report: Dates acted if Name of person (or body) 1111111114zI Trustee name Office (if any) not for whole ear entitled to appoint trustee (if any) Rev. Faith Nyota Chair and Superintendent Minister Methodist Conference Rev. Kath Fl nn" Rev. Martin Knight" Methodist Conference Methodist Conference/Southern Synod of the United Reformed Church Purley Circuit Local Preachers, Meetin Hurst Green Methodist Church Whitethorn Avenue Methodist Church Local Preachers, Meeting Mr David Akuffo Local Preacher re resentative Mrs Mar aret Bamford Mr Rod Bavin Mr Brian Brooks Secretary of Local Preachers, Meetin Mrs Elaine Burrows Coulsdon Methodist Church Council Coulsdon Methodist Church Council Warlingham Methodist Church Council Methodist Conference Mrs Maureen Cebreiro From 05103120 Mrs Marilyn Compton Rev. Wesley Cooke To 15111119 Rev. Ni el Cow Methodist Conference
Mrs Eleanor Day" Circuit Steward Trustees of the Purley Circuit Meeting Trustees of the Purley Circuit Meeting Methodist Homes for the Aged Circuit Officer Church re resentative Circuit Steward and Synod Re resentative South Croydon United Church Council Trustees of the Purley Circuit Meeting Mrs Marjorie Dear" Mrs Christina Dench Warlingham Methodist Church Council Trustees of the Purley Circuit Meeting Trustees of the Purley Circuit Meeting Coulsdon Methodist Church Council Warlingham Methodist Church Council Hurst Green Methodist Church Council Trustees of the Purley Circuit Meeting Mr Nicholas Foster . Circuit Treasurer Circuit Steward To 31107120 To 05103120 Church re resentative Mr Peter Gammie Mrs Gwenda Hand Miss Wendy Heslop Circuit Safeguarding Officer and Methodist Women in Britain Circuit re resentative Purley Circuit Methodist Women in Britain Meeting Mrs M Isted-osborn South Croydon United Church Council Warlingham Methodist Church Council Methodist Conference Mrs Heather Juman Rev. Ermal Kirby From 05103120 Rev. Ste hen Mares" Miss Doris Nicholls Methodist Conference Caterham Methodist Church Council Whitethorn Avenue Methodist Church Council Coulsdon Methodist Church Council Whitethorn Avenue Methodist Church Council Trustees of the Purley Circuit Meeting Caterham Methodist Church Council Trustees of the Purley Circuit Meetin Purley Circuit Methodist Women in Britain Meeting Mr Enock Nyongesa Mrs Pamela Osborne Mr John Pendleton Mr David Poore Circuit Property Secretary Church re resentative Secretary of the Circuit Meetin Methodist Women in Britain Circuit re resentative To 05103120 Mrs Helen Rankin Mrs Jeanne Revnell Mr M Risby Caterham Methodist Church Council
Miss Susan Stevens From 05103120 Vvhitethorn Avenue Methodist Church Sanderstead Methodist Church Council Sanderstead Methodist Church Council South Croydon United Church Council Sanderstead Methodist Church Council Trustees of the Purley Circuit Meeting Sanderstead Methodist Church Council Whitethorn Avenue Methodist Church Council South Croydon United Church Council Mr Eddie Taylor Mrs Christina Thomas Mrs Ann Wagstaff Mr A B Wallbank Mrs T E Wallbank Synod Representative Church Re resentative Mrs Margaret Westcott To 05103120 From 05103120 Mrs Doreen Wright Member of the Circuit Leadership Team Custodian trustees The Trustees for Methodist Church Purposes Manchester are custodian trustees holding title to property belonging to the Circuit. Funds held as custodian trustees on behalf of others No funds are held by the Circuit as custodian trustees on behalf of others. Declarations The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees Signature(s) Full name(s) Revd Faith M. Nyota Mr Nicholas Foster Position Chair Superintendent Minister Trustee Date 1È13iai 1113Ji)
Purley Circuit Circuit No 35140 Statement of Financial Activities (SOFA) for the year ended 31 August 2020 Notes to the accounts General Funds (Unrestricted) Circuit Model Trust Funds (Unrestricted) Restricted Funds Total 2019-20 Total 2018~19 Income Donations and le acies Income from moneta investments Income from investment ro erties Assessments on churches Ca ital recei ts Grants received Rental income Other charitable income Total income 348 244 592 669 125,256 125,256 142,444 14,465 14,465 32,350 1,376 174,039 32,350 1,376 159,330 17,740 3,463 164,316 244 14,465 Expenditure Grants and donations Salaries and associated costs Ministers, e enses Insurance, utilities etc Pro maintenan Conne*1 assessment & model trust le District assessment & le De reciation Office e Other out oin Total charitable ex nditure Gains/ losses on moneta investments Gains/ losses on investment ro erties Net incomel ex enditure Transfers between funds Other ainsl losses Net movement in funds Total funds brou ht forward Total funds carried forward 5,000 1,865 6,865 80,775 5,103 8,407 4,714 20,966 5,196 80,775 5,103 8,407 4,714 20,966 4,618 112,392 7,646 9,744 25,440 21,130 4,984 578 12 enses 1,791 16,789 143,163 1,791 16,789 150,606 -76 1,509 4,389 187,234 53 5,578 -76 1,865 16.167 -5,410 12,600 23,357 -22,865 16,167 1,823,185 1,839,352 -5,410 30,322 24,912 12,600 23,357 1,853,507 1,876,864 -22,865 1,876,372 1,853,507 12,600
Purley Circuit Circuit No 35140 Balance Sheet as at 31 August 2020 Notes to the accounts General Funds (Unrestricted) Circuit Model Trust Funds (Unrestricted) Restricted Funds Totals at 31 August 2020 Totals at 31 August 2019 Fixed Assets Circuit manses & e ui Investment ro erties Investments Total fixed assets ment 12 1,780,000 1,780,000 1,780,000 13 4,237 4.237 4,237 1,784,237 4,313 1,784,313 1,780,000 Current Assets Debtors and re ments Loans b the Circuit Investments with TMCP Central Finan Board deposits Other deposits Cash at bank and in hand Total current assets 6,154 6,154 6,359 20,675 20,675 63,275 26,009 42,615 63,275 8,334 77,763 12,600 12,600 20,934 111,038 6,015 80,998 20,675 Current liabilities Creditors (due in under one year) Grants able within one ear Total current liabilities 18,411 18,411 11,804 18,411 18,411 11,804 Net current assetslliabilities 59,352 20,675 12,600 92,627 69,194 Total assets less current liabilities 1,839,352 24,912 12,600 1,876,864 1,853,507 Long term liabilities due after more than one Grants able after one Other lon -term liabilities Totsl lon -term liabilities ear ear Net assets 1,839,352 24,912 12,600 1,876,864 1,853,507 Funds of the Circuit General Funds Unrestricted Circuit Model Trust Funds Unrestricted Total Unrestricted Funds Restricted Funds Total Funds 1,839,352 1,839,352 24,912 1,864,264 12,600 1,876,864 1,823,185 30,322 1,853,507 24,912 12,600 12,600 1,839,352 24,912 1,853,507 Signed by: Signed by: N J Foster Circuit treasurer Rev F Nyota Chair of Circuit Meeting Date Date IEl3iai
Purley Circuit Notes to the Accounts 1 Basis of accounting The financial statements have been prepared under the Charities Act 2011 in accordance with the 2014 version of Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordan with FRS102- the Charities SORP (FRS102) and taking note ofthe Update Bulletin 1 issued in 2016. 2 Funds The funds held constitute: a General Expenditure Fund held for any purpose of the Circuit and a number of Designated Funds held for specific purposes determined by the Circuit, all of which are Unrestricted; the Circuit Model Trust Fund which has wide purposes defined in Standing Orders and is categorised as Unrestricted; and Restricted Funds which are held for a narrower purpose. The Circuit has no Endowment Funds. 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. Incoming resources 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 when a liability is incurred, or a constructive obligation arises, that results in the payment being unavoidable. Liabilities are recognised as soon as an oufflow of economic benefit is considered more likely than not under the legal or constructive obligation committing the Circuit to pay out reSoUrs. 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. 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 Tangible fixed assets are capitallsed If they can be used for more than one year, and cost at least £1,000. The freehold property is shown in the accounts at 2015 deemed values, of which the land component is deemed to be £600,000. No depreciation is provided on the buildings 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 life 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 re1vable and any gains or losses on revaluation at the year end are shown in the SOFA. Debtors and prepayments Debtors and prepayments indude the payment of the September stipend in August and other sundry debtors and prepayments. Creditors Creditors include assessments received in August for the following month, rental income received in advance and sundry accrued expenses.
4 Comparative figures for the previous year 4.1 Statement of Financial Activities for the year ended 31 August 2019 General Funds (Unrestricted) Circuit Model Trust Funds (Unrestricted) Restricted Funds Total 2018-19 Income Donations and le acies Income from rrnneta investments Income from investment erties Assessments on churches Ca ital recei ts Grants received Rental income Other charitable income Total income 383 286 669 ro 142,444 142,444 17,740 3,463 164,030 17,740 3,463 164,316 286 Expenditure Grants and donations Salaries and associated costs Ministers, expenses Insurance, utilities etc Prope maintenance Conne*1 assessment & rYK)del trust le District assessment & le De reciation Office e Other out oin Total charitable ex enditure Gains/ losses) on moneta investrrEnts Gains/(losses) on investment properties Net incomel ex enditure) Transfers bebNeen funds Other ains/ losses Not movomont in funds Total funds brou ht forward Total funds carried forward 112,392 7,646 9,744 25,440 21,130 4,399 112,392 7,646 9,744 25,440 21,130 4,984 585 4• enses 1,509 4,389 186,649 1,509 4,389 187,234 53 585 53 -22,619 -246 -22,865 -22,619 1,845,804 1,823,185 -246 30,568 30,322 -22,865 1,876,372 1,853,507
4.2 Balance sheet as at 31 August 2019 General Funds (Unrestricted) Circuit Model Trust Funds (Unrestricted) Restricted Funds Totsls at 31 August 2019 Fixed Assets Circuit manses & e ui Investment ro erties Investments Totsl fixed assets ment 1,780,000 1,780,000 4,313 4,313 4,313 1,784,313 1,780,000 Current Assets Debtors and re ments Loans b the Circuit Investments with TMCP Central Finance Board deposits Other deposits Cash at bank and in hand Total current assets 6,359 6,359 26,009 26,009 42,615 42,615 6,015 54,989 6,015 80,998 26,009 Current liabilities Creditors (due in under one year) Grants able within one ear Total current liabilities 11,804 11,804 11,804 11,804 Net current assetslliabilities 43,185 26,009 69,194 Totsl assets less current liabilities 1,823,185 30,322 1,853,507 Long term liabilities due after MO than one Grants able after one Other lon -term liabilities Total lon -term liabilities ear ear Net assets 1,823,185 30,322 1,853,507 Funds of the Circuit General Funds Unrestricted Circuit Model Trust Funds Unrestricted Total Unrestricted Funds Restricted Funds Total Funds 1,823,185 1,823,185 30,322 1,853,507 30,322 1,823,185 30,322 1,853,507
5 Payments to trustees 2019120 2018119 Payments made to trustees for additional services provided to the Circuit by agreement with the Circuit Meeting 1,250 704 2019120 2018119 Number of trustees who were paid expenses Total amount of expenses paid to trustees 6,210 7,742 Expense payments primarily relate to reimbursement for travel and other costs 6 Fees for examination or audit of the accounts 2019120 2018119 Independent examinerfs or auditors, fees for reporting on the accounts Other fees (eg: advice, accountancy services) paid to the independent examiner or auditor 7 Paid employees Staff Costs paid during the year were: Gross wages, salaries and benefits in kind Employer's National Insurance costs Pension costs Apprenticeship levy Total staff costs 2019120 61,764 5,332 13,370 309 80,775 2018119 85,242 7,140 19,504 506 112,392 Average number of full-time equivalent employees in the year: 8 Analysis of debtors and prepayments 2020 6,025 129 6,154 2019 5,939 420 6,359 Stipends and associated costs paid in advance Other debtors and prepayments Total debtors and prepayments g Analysis of Creditors (due in undor ono year) 2020 10,543 2,521 5,347 18,411 2019 10,438 1,166 200 11,804 Assessments received in advance Rental payments received in advance Accrued costs Total creditors (due in under one year) 10 Loans The Circuit currently has no loans. 11 Capital Commitments and Contingent Liabilities At 31 August 2020 there were no capital commitments (2019: nil). No contingent liabilities were identified at 31 August 2020 (2019: nil).
12 Tangible Fixed Assets Current valuation Payments on account and assets under construction Fixtures, fittings and equipment Other buildings Land Manses Total Balance brou Additions Revaluations Dis osals Transfers . Balance carried forward Accumulated de reciation Balance brou ht fOard Depreciation charge for ear ht fOard 1,780,000 1,780,000 1,780,000 1,780,000 Revaluations Dis osals Transfers" Balance carried forward Net book value Brou ht forward Carried forward 1,780,000 1,780,000 1,780,000 1,780,000 13 Investment assets The funds that support the Circuit Model Trust Fund are held by TMCP, mainly in the Trustees Interest Fund, on which interest is credited each month, with a smaller amount held in CFB Managed Mixed Fund units, as analysed below. These are regarded as medium and long term investments. TMCP is the legal owner and Custodian Trustee of all Methodist Model Trust propety, 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 propety. TMCP ensure that, through providing guidance and acting under their direction, the Managing Trustees comply with charity law and Methodist law and polity as determined by the Methodist Conference. Analysis of investments Investments listed on a recognised Stock Exchange Investments held in common investment funds Securities not listed on a recognised Stock Exchange Other investments Total investments 2020 2019 4,237 4,313 4,237 4,313 Change in investment values Carrying (market) value at start of year Plus: additions to investments at cost Less: disposals at carrying value Net gain/(loss) on revaluation Carrying (market) value at end of year 2019120 2018119 4,313 4,260 -76 4,237 53 4,313
14 Summary of fund movements 14.1 Summary of fund movements for the year ended 31 August 2020 Fund Name Opening Balance Income Expenditure Transfers Gainsl (losses) Closing Balance Unrestricted Funds General Expenditure Fund 41,753 157,954 138,449 -22,500 38,758 Manse maintenan Fund 982 1,376 4,714 22,500 20,144 Benevolence Fund 450 450 Circuit Model Trust Fund 30,322 244 5,578 -76 24,912 Total Unrestricted Funds (excluding land and buildings) 73,507 159,574 148,741 -76 84,264 Restricted Funds Covid-19 Grants for Churches Fund Covid-19 Grants for Circuit Fund 1,865 1,865 12,600 12,600 Total Restricted Funds 14,465 1,865 12,600 There were no endowment funds in the year ending 31 August 2020. The Manse Maintenance Fund is designated by the Circuit for repairs to and maintenance of manses. The Benevolence Fund is designated by the Circuit for financial support for those in poverty or distress. The Covid-19 Grants for Churches Fund consists of District grants for Covid-19 costs arising in individual churches. The Covid-19 Grants for Circuit Fund consists of a District grant for temporary accommodation and removal costs. During the year £22,500 was transferred from the General Expenditure Fund to the Manse Maintenance Fund for repairs and maintenance.
14.2 Comparative figures for the year ended 31 August 2019 Fund Name Opening Balance Income Expenditure Transfers Gainsl (losses) Closing Balance Unrestricted Funds General Expenditure Fund 52,432 164,030 161,209 -13,500 41,753 Manse Maintenance Fund 12,922 25,440 13,500 982 Benevolence Fund 450 450 Circuit Model Trust Fund 30,568 286 585 53 30,322 Total Funds (excluding land and buildings) 96,372 164,316 187,234 53 73,507 There were no restricted or endowment funds in the year ending 31 August 2019. The Manse Maintenance Fund is designated by the Circuit for repairs to and maintenance of manses. The Benevolence Fund is designated by the Circuit for financial support for those in povety or distress. During the year £13,500 was transferred from the General Expenditure Fund to the Manse Maintenance Fund for repairs and maintenance.
Name of Circuit Purley Circuit No 35140 Declarations and Scrutiny I confirm that these accruals-based accounts for the year to 31 August 2020 have been prepared from the records of the Circuit and that they include all funds under the control of the Circuit meeting. Signature of treasurer . Date........ Name and address of treasurer: N J Foster 21, Warwick Road, Coulsdon CR5 2EF Presentation to the Circuit meeting I confirm that the annual report and accounts for the year ended 31 August 2020 were presented to the Circuit meeting held on Signature of the Chair of the meeting Name of the Chair of the meeting Rev Faith Nyota Date . Independent Examiner's Report to the Trustees of the Purley Circuit Charlty Number 1134261 Responsibilities and basis of report I report to the trustees on my examination of the accounts of the Purley Circuit for the year ended 31 August 2020 set out on pages 1 to 9. As the Circuit's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act,). I report in respect of my examination of the Circuit's 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. 10
Name of Circuit Purley Circuit No 35140 Independent Examiner's Statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination 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 form 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 fairf view, which is not a matter considered as part of an independent examination the trustees, annual report is not consistent with the accounts. 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. I have/have 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 Name of independent examiner R J E Bamford Relevant professional qualification of independent examiner Name of firm (where appropriate) ICAEW N/a Address 9 Peter Avenue, Oxted RH8 9LG Date 11