PURLEY METHODIST CIRCUIT ANNUAL REPORT AND ACCOUNTS forthe ar ended 31 August 2021 Registered Charity Number 1134261 Mlnisters Rev Faith Nyota (Superinlendent) Rev Sang Wook Han Circuit Slewards Maiiorie Dear Eleanor Day Ann Wa staff from 15 sePter 2020) Circuit Treasurer Nick Fosler
THE METHODIST CHURCH . PURLEY CIRCUIT TRUSTEES. ANNUAL REPORT FOR THE PERIOD 0110912020 TO 3110812021 Charity Name The Purley Circuit of the Methodist chUh Registered Charity Number 1134261 Introduction The Purley Circuit of the Methodist Church (Puriey Methodist Circutt) is largely a suburban circuit on the southern outer edge of the Greater London area. lying mainly in the London Borough of Croydon and Tandrtdge District in Surrey. The Circuit is mostty 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 Cirujit is to reswnd to the gospel of God's love in Christ and to live out its discipleship in vrforship and mission. It dces this through worship, learning and caring. service and evangelism. Mission Policy The Purley Methodist Circutt 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 setve the communities wilhin its geographical area enable the Circuit churches to flourish and to cary 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 t(yJether 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 facililale mission and serwce At present the Circuit will- enGourage the churches to seek vocations to the roles of Local Preacher and Worship Leader, and offer appropriate training to those who come for*vard ensure that each church has a recognised person as chief person giving pastoral care, and that that person is enabled to have suffiaent 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
Objectlves and activities The purposes of the methIst 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 stsndards and discipline of The Methodist 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 institUtn subsidiary or ancillary to The Methodist Church; d) Any purpose for the time being of any charity being a chaiity subsidiary or ancillary to The Methodist Church. During the year the Purtey Methodist Circuit comprised 220 members, 2 fijll-time ministers, 1 part- time minister, 4 Supemumerary ministers.1 part-time Circuit Administrator, 6 Methodist churches and 1 Local Ecumenical Partnership (with the United Refomied 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. Warfingham. CR6 9LE Whitethom Avenue Methodist Church: Whitethom Avenue, Coulsdon. CR5 2PP Due to reducing and ageing membership and the financial impact of the COVID-19 pandemic, on 23 September 2020 the Church Council of Hurst Green Methodist Church voted unanimously to seek pemiission to discontinue public serVis. This was approved by the Circuit Meeting on 13 October 2020. and subsequently by District Synod. A dosing service was held on 8 Augusl 2021. The main activities of the Circuit in refation to its objeclives are: The organisation and resourang of regular public acts of worship open to all people without charge. The teaching of Christianty through semions, courses and small groups. The resourcing of pastoral work induding 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 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 signfficant attention to enabling the mission of the Circuit- primarily through local church initiatives, recognising the gifts of laity. developing and supporting them, appreciating that ultimately laity will do much of the reaching out. We are supporting youth work and children's work in areas and encouraging closer working between groups of churches. We have a number of Local Preachers and two 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 activittes 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. All churches are looking at new ways to address their recovery post COVID-19 and to Ik at mission outreach to share the gospel within the communty.
We confimi that the trustees have had regard to the Charity Commission's guidance on public benefit. Achievements and perfomiance a) The Circuit has continued to encourage the IWAI churches to offer meetings for prayer and Bible study and to find suitable ways to engage wtth their local communities in service and evangelism while recognising that the pattem of such activities will differ from church to church. Since March 2020, due to COVID-19. these aclivities have taken place via Zoom. b) The Circuit continues to offer events vthich 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 twi a year in September and March, other meetings have been held by individual churches to refiect on the effecl of COVID-19 in terms of outreach, worship, fellowship and finances. d) The Circutt continues to encourage the local churches to reach out to the missing generation of children and young people. Two churches employ Family Workers and one church also employs two Youth Workers. One church has an effective ministry to children, youth and young families, and the Circuii is commttted to learn from their approach (although not necessarily with the same tsrget group). e) The Circuit seeks to ensure that young people are encouraged to meet with other young people from around the Circuit. One church has a local arrangement youth service called 'Ignite' which all the young people in the Circuit are encouraged to attend. The Circuit encourages the spiritual development of church members by enwuragirsg the churches to seek vocations to the roles of Loral 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 servicx. g) The Circuit supports and en(urageS the local d)urches in their ministy and mission. 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, govemmenl legislation. guidance and safe practice in the Circuit and in the churches. j) The Circuit continued conversations with a neighbouring Circuit with a view to work collaboratively, creatively and strategically together. The Purley Circuit has worked through an extended review of its strategic direction. wilh a particular emphasis on strengthening mission, evangelism and growlh. Each church is being strongty encouraged and supported to develop a particular focus in improving links to their local communty and attracting new church members. kl The Circuit encourages churches to respond to dimate change as an essential part of our responsibility to safeguard God's creation.
Flnancial review The Circuit's annual report and accounts for the year ended 31 August 2021 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. Financlal positlon at the end of the reporting period As at 31 August 2021. the net cuent assets of the Circuit were £88,466 (2020: £92,627) of which £51,305 (2020: £38.758) was held as a General Fund reserve. £16,581 (2020: £20.144) was held as a designated Manse Maintenance Fund reserve, £450 (2020: £450) was held as a designatèd Benevolence Fund, £20.150 {2020: £20.675) was held in a Circuit Model Trust Fund and nil (2020: £12,600) was held in a Restricted Fund. In addition. investments of £5.015 (2020: £4,237) were held in the Circuit M(Klel Trust Fund. The Circuit Model Trust Fund dertves 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 intemal 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 2021. no grants were made from the Circuit Model Twst Fund (2020: one grant of £5,000 to a church in the Circuil). Statement of the Circuit's policy on reseNes The Circuit holds reserves in order to secure the viabilty of its future mission. The reserves policy takes into account the Circuit's mission policy, and likely levels of future income and exp8nditur8. based on planned activity. The reserves policy is reviewed annually by the Circuit Meeting. The reserves policy of the Pudey Circuit is to hold a Generdl Fund reserve equivalent to 3 months nomial expenditure. excluding expenditure on manses, and in addition a Manse Maintenance Fund reserve to allow for the fluGtuation in manse expenditure from year to year. The General Fund reserve at 31 August 2021 was somewhat higher than 3 months expenditure, but a deficit is anticipated in the year to 31 August 2022, which will reduce the balance in this fund. The Manse Maintenance Fund reserve at 31 August 2021 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 Circutt Leadership Team and is designated for the relief of poverty and distress. The Circuit Model Trust Fund is 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. The balance in this fund reduced to nil in the year to 31 August 2021. Details of any funds materially in deficit As at 31 August 2021. no funds were in deficit. Information on income and expenditure In the year ended 31 August 2021, 720/0 (£126,516) of the Circuit's income was derived from assessments paid by each of the individual churches in the Circuit. and 27 % (£47,919) was rental income from the letting of manses. (The corresponding figures for the year ending 31 August 2020 were 720/0 {£125,256} and 19% (£32,350) respectively.)
In the year ended 31 August 2021. 460/0 (£82,525} of expenditure was on pay and related costs. 9. (£16,583) was on the maintenance of property, 6 /0 (£10.471) was on other property costs. and 15 % {£26.047) 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 2020 were 540/0 (£80.775) on pay and related costs. 3°A1£4,714) on the maintenance of propety, 6°/. (£8,407) on other propety costs, and 17 % (£26,162) 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 constiiuted by an Act of Parliament. The goveming do(yJments for the Circuit are the Deed of Union11932) and Methodist Church Act (1976). Detailed g0veMan 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 Dislrict 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 Constttutional Practices and Discipline of the Methodist Church. The managing trustees normally meet tsvice 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 repsentativeS appointed by the local Methcmlist churches. Trustee Iraining A range of guidance is prodUd by the MethcNJist Connexion to support the effective running of the Circuit. In particular, the leaflel'The Role of a Tnjstee in The Meihodisl Church, is given to each Irustee and trustees a asked to read the infomiation provided online by The Methodist Church for Managing Trustees. Risk Management Major risks are considered by the Circuit Leadership Team viith professional advice taken as required. A regular rewew process is carried out by the Leadership Team to ensure that the Charity is fulfilling its objectives. Safeguarding Every person has a value and digntty, which comes directly from the creation of humans in God's own image and likeness. Christians see this potential as fulfilled by God's re<reation 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 hann.
Methodist Connexional practi outlines commitment to the following principles: the care and nurture of. and respeciful pastoral ministry with. all children. young people and adults safeguarding and protecting all children, young people and adutts when they are vulnerable establishing 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 disdosures and registration with the relevant vetting and barring schemes. We will respond without deEay to every safeguarding concem, which suggests that a child, young person or adult may have been harmed, working in partnership 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 infomied pastoral care. We will seek to challenge any abuse of wwer. especially by anyone in a position of trust. Working with the District Safeguarding Offi(*r, we will support risk assessment of those who present a safeguarding risk within a church environment. We will ensure appropriate pastoral care is offered and measures are taken to address identified risks including referral to statutory agencies. suspension and the use of safeguarding contracts. We will recognise and apply the restrictions to appointment laid down in Standing Order 010 of the Constitutional Practice and Discipline of the Methodist Church. In all these principles, we will follow legislation. guidan and recognised good practice. The Purfey Circuit commits itself to: 1. RESPOND without delay to any allegation or cause for concern that a child or vulnerable adult may have been hamed, whether in the Church or in another context. It commits itself to challenge the abuse of power of anyone in a position of trust. It rx)mmits itself lo providing informed pastoral care to those in need, including the supervision of those who have committed criminal offences. 2. IMPLEMENT the Meth(xlist Church Safeguarding Policy, Procedures and Guidance. government legislation and guidanc8 to achieve saf8 practica in the Circuit and in the churches. 3. The PROVISION of support. advice and training for lay and ordained people that will ensure people are clear and confident about their roles and restx)nsibilities in safeguarding and promoting the welfare of children and adults who may be vulnerable. 4. AFFIRM and give thanks for the work of those who are workers with children and vulnerable adults and acknowledge the shared responsibility of us all for safeguarding children. young people and vulnerabS8 adults on our premises.
Reference and administratlve details Charity Name The Purley Circuit of the Meth(MJisl Church Registered Charity Number 1134261 Charity's Principal Address SandeTStead Methodist Church, Limpsfield Road. Sanderstead, South Croydon. CR2 9EF Th8 Charity Trustees are the members of the Purley Circuit Meeting. This comprised during the year of this report: Dates acted if not for whole ear Name of person (or body) entitled to appoint trustee (if any) Trustee name Office (if any) Rev. Faith Nyota ' Chair and Superintendent Minister Methodist Conference Rev. San Wook Han . Rev. Martin Knight" Methodist Conference Methodist Conferencelsouthem Synod of the United Reformed Church Meth(xlist Conference Methodist Conferenc8 Methodist Conference Hurst Green Methodist Church Whitethorn Avenue Methodist Church Local Preachers. Meeting Rev. Ste hen Mares . Rev. Ermal Kirb Rev. Ni el Cow 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 Wartlngham Methoulst Churcn Council TnJst8es of the Purley Circuit Meeting Trustees of the Purley Circuit Meeting Mrs Maureen Cebreiro Mrs Marllyn compton Mrs Eleanor Day . Circuit Steward Methodist Homes for the Aged Circuit Officer Church resentative Circuit Steward and Synod resentative South Croydon United Church Council Trustees of the Purley Circuit Meeting Mrs Marjorie Dear" Mrs Christina Dench Wadingham Methodist Church CounGiI Trustees of the Purley Circuit Meetin Warlingham Methodist Church CounGil Mr Nicholas Foster. Circuit Treasurer Mr Peter Gammie
Mrs Gwenda Hand Hurst Green Methodist Church Council Trustees of the Purley Circutt Meeting Miss Wendy Heslop Circuit Safeguarding Officer Methcxjist Women in Britain Circuit resentative To 11103121 Purley Circuit Methodist Women in Britain Meeting Mrs M Isted-osbom South Croydon Untted Church Council Trustees of the Purley Circuit Meetin Warfingham Methodist Church Council Caterham Meth¢)Jist Church Council Whitethom Avenue Methodist Church Council Coulsdon Methodist Church Council Whitethom Avenue Methodist Church Council Caterham Methodist Church Council Trustees of the Purfey Circuit Meeti Purley Circuit Methodist Women in Britain Meeting Mr Curtis Juman Local Preacher re resentative From 11103121 Mrs Heather Juman Miss Doris Nicholls Mr Enock Nyongesa Mrs Pamela Osbome Mr John Pendleton Mr David Poore Mrs Helen Rankin Secretary of the Circuit Meetin Methodist Women in Britain Circuit re resentative Mrs Jeanne Revnell Mr M Risby Caterham Methodist Church Council Whitethom Avenue Methodist Church Sanderstead Methodist Church Council Sanderstead Methodist Church Cour¢cil Trustees of the Purfey Circuit Meeting Trustees of the Purley Circutt Meeting Miss Susan Stevens Mr Eddie Taylor Mrs Christina Thomas Mrs Ann Wagstaff . Circuit Steward Link Circuit Safeguarding Officer Church resentative From 11103121 South Croydon United Church Council Sanderstead Methodist Church Council Trustees of the Purley Circuit Meeting Sanderstead Methodist Church Council South Croydon United Church Council Mr A B Wallbank Mrs T E Wallbank Synod Representative Church resentative Mrs Doreen Wright Member of the Circuit Leadership Team
Custodian trustees The Trustees for Methodist Church Purp)ses Manchester a cust(Klian trustees holding title to property belonging to the Circuil. Funds held as custodian trustees on behalf of others No funds are held by the Circuit as cust(MJian tnjstees on behalf of others. DeclaralSons The trustees declare that they have approved the trust8es' report ab)ve. Signed on behalf of the charity's trustees Signature{s) Full namels) Revd Fatth M. Nyota Mrs Helen Rankin Posltlon Chair Superintendent Minister Secretary Date 1311
Purley Circuit Circuit No 35140 Statement of Financial Activities (SOFA) for the year ended 31 August 2021 Note5 to Gèneral Funds Unrestri¢ted Circuft Model Trust Funds {Unrestricte Restricted Funds Total 201940 202041 accounts lTrcom9 tk)n8tions and I a¢ies Income from mneta investm8nis InconE from inv8StnEnt AEs8ssnEnts on churches Ca Ital recei Grants received Rental Inco Other charitsble inft Total income 81 179 592 126.516 126,516 125,256 14.465 32.350 1,376 174,039 47.919 174.516 174.614 Ex enditure Grants and dorsati Salaries and associated cos Ministers. e ense5 Suran, utilitses etc Pro intenance Conne1 assesSnI & n))del tDJst Dk%trict as$essThnt & I reciatKSn Office 8 enses Other out oln Total charfjtable ex ndlture Gainsl 10sS8S on rmn8ta investnnts Gainsl losses on investnnt Net In¢omo1 ex 8ndlture Transfers belween fvnds Other ainsl losses Net movement in funds Total funds brou ht forward Total funds Carried forward 6,865 80,775 5,103 8,407 4.714 20,966 5,196 82.525 3.767 10,471 16,583 21.323 4,101 82.525 3.767 21.323 4.724 623 12 1.194 25.588 1,791 16,789 150,606 -76 12.600 38.188 178,775 778 623 778 253 4.383 253 24,912 165 -116110 12.600 4.383 1876,864 1873 481 23,357 1.853.507 1.876.864 1.839.352 1.848.316
Purley Clrcuit Circuit No 35140 Balance Sheet as at 31 August 2021 Notss to th• General Funds Unmstricted Cir¢utt Model Tru51 Funds Unrestrlct•d Rèstricted Funds TotaL8 at 31 August 2021 Totsls at 31 August 2020 Fixed Ass•ts Circuit rnanses & Investrrent InvestentS Total fixed assets nnt 12 1.780,(X)o 1.780.000 1780,OL ro ies 13 5.015 &015 5,015 1.785.015 4.237 1,784,237 Current Assets Debtors and Loans the CiroJ vesttrpnts with TMCP C8Ntral Finance Board deFx) Other deposits Cash at bank and in har¥J Total current asset$ nt5 62SJ 6.250 20.150 20.150 67.209 20,675 63,275 67209 10.n2 84.191 10.732 104,341 20.934 111,038 20.150 Current Ilabilities Creditors (due in under or yearl Grants ble within oRe Total curyent liablliti8S 15,875 1S875 18,411 1&875 1S875 Nèt current assetslliabilities 20.150 88.406 92.627 Total a8sets less current liobllili•s 31fj 25.165 1.873.481 1,876.864 Lon9 term liabllities due after more than on Grants ble after oneJear Other k)n terffl liabilitl8S Total lon -ternn Ilabilltles Net ass•ts 1,848.316 24165 1.873,481 1,876,864 Fund$ of th• Circuit G8ner•l fun¢S¥ Uiir¥>liibled Circuit Model Trust Funds Total UnreStrfed Fund5 Restricted Funds Total Funds 1.848.310 1.848.Jit+ 25.165 1.873,4B1 i.t4iY.iJ 24,912 1,864,264 12,600 1876 864 25.165 1W.316 &'gned by.. ShJnwJ ty. N J Fosler Circuit treagjrer Rev F Nyota Chair of Circuit Meeting Date 10 IJ )aJ 1613j ai
Purley Clrcuit Notes to the Accounts 1 Basis of accounting Tho rjnala1 ststsments have teen prepared underthe Charibes P£t 2011 in axxj1darr wilh the 2014 vwsi¢)n of AccrAJnting and Rerting by Charilw.. Statement of Re(xMnmen¢Jed Prdcti ISORPI ap[lable to ¢hanb"es preparing their accounts in accordan FRS102- the Charilies SORP IFRS102) and tsking note oflhe Update Bulletin 1 issued in 2016. 2 Funds The funds held ojnstitits: a Genwal ExpBrMJlure FuThJ hekj any PLFr[e of the Qnuit 8nd a number of Designated Funds hehl for spetif WJEposes detennined by the cirlrt, all of which are Unrestricted: the Cir¢uit Model Trust Fund which has wNJe purpc6es defirhad in Stsnding Order5 and is categorised as Unrestrictèd,. and Restricted Funds which are held for a naTror purtx)se. The Qrcuit has no Endowment Funds. Details of each tnaterial fund ale disdosed in final note lo these acL¥yJnts. Ally funds may be representèd by rnore than just cash. 3 Accountlng policies Basls These accounts have been prepar•Y on the ba%s of historicaj (x)st eXct Ihal investmenls are shovm at iheir market value at the end of the year, on the UaL% basis to show 8 8nd fair view oflhe Circuit's financial pos1tn and activitÈs. Incoming resources Income is induded in the Ststement of Financaal Adivibès ISOFAI when the Cir(xJit becomes enttded to the resources, and the tntstees are asOnablY certain they wll receive the resources. aThY the monetary value can b6 measured with sufficient rdiabilty. Resources expended This is reo)gnised when a liabli ity is Ired, or a coN8tiiJctive OAAtion arises. that resutts in Ihe payment being unavoidable. Liabilities are Tec(NJnised as scM)n as an oufflow of economic benefft ts c<x)&dered more likely than not undèr the legal or constructNe 0blWM 1mMIt11rj the Cirujit to pay out re$Jrce$. Grants Grants made by th& Circuit Irom its ovm fijnds a recCyJ in fts11 at Ihè time of aareèment or when the Circuit accepts that there i% a legal or operational oTral tr) makè the paymnL VAT Since the Cirlt is t VAT lstered. all input VAT is chaW vthh the expwtses to %thch it refers. Tangible flxed assets for use by the Clrcult Tangible fixed assets a capitalise(J rf they can useil for Ihan one ye8r. 8nd (Tht at st £1.000. The freehdd property i% shown in the 8cu)unts at 2015 deemed values, ofwhith the land component is deemed lo be £600,000. No deprgu8tion is provided on the buildiThJs i*(xuse the trustèès CDnsKSèr the current residual fair Value of the manse buildings lon the assumptwj) that rt had ched the end of its uselul eixjnomic life by the year- 9fKII to be not le&s than its current Ve. Any deweuation Myjld not te material. The Fwopety h85 been revEwed for impaimwit. Investment properties Investrnent pToperbes- no proty 15 currently deemed to not be held for loThJ tem7 of the charity. Investments Investments are valued in the balarte sheet at market value at Ihe Y erKI. Investment income i5 incIled in the acwunts when receNabl8 and any gains or losses on revaluath)n at tt)e year end are shovm in the SOFA. Debtors and prepayments Debtors and prepayments indude the payrrwt of the Septemljer Stend in August and other sundry dabtors arKI prèpayments. Creditors Credttor5 indude asSessmtS receiv1 in the fdkThing month. rental recewed in alv3n¢e and sundry 8rU&j expenses.
4 Comparative figures for the previous year 4.1 Statement of Financial ActÉvities for the year ended 31 August 2020 General Funds Unr•strictsd Cir¢uit Model Trust Funds Unrestrided Restrf¢tsd Funds Totsl 201940 Income Donations and acies IncorrE from nv)neta inVeStrnts Incomè from inveslrTEnt rbes Assessments on ¢hurGhes ital recei ts Grants re¢eive(I Rentsl incon Other charitable I[rr Total incom• 244 592 125.256 125.256 14.465 14.465 32,350 1,376 174,039 32,31 1,376 159,330 244 14,465 nditure Grants and donations Salaries and assoaated costs Ministers, e nses Insurance, utilities èt Pro maintenance Conne*1 assesstrenl & lde1 trust le District asses$nt & le De reciation orrice e Other out oin Totsl ¢haritable ex ndituro Gainsl losses on tTh)neta investrEnts Gainsl losses on investnt rbes Net Incomèl gndlture Transfers between fuThJs Othèr ainsl losses Net movement in fvnds Total funds brou ht fornard Total funds rArried forward 5.000 1.8&5 6,865 80,775 5,103 8,407 4,714 20,966 80,775 5.103 8.407 4.714 20.966 4.618 578 ènsÈs 1.791 16,789 143.163 1.791 16,789 150,606 -76 5.578 -76 èx 16.167 12.61)0 23,357 16.167 1.823.185 1.839.352 .410 30.322 24.912 12.600 23.357 1,853,507 1.876.864 12.600
4.2 Balance sheet as at 31 August 2020 General Funds Unrestri¢tsdl Clr¢ult IAodel Trust Funds (Unre5tri¢tsdl R¢strlctrd Funds Totals at 31 August 2020 Fixed Assets Circuit manses & Investsnenl erts'es Investrnenls Totsl fixed assets nl 1.7eA).O 1,780,000 ro 4.237 11237 1.780.000 1,7M237 Current Aw4ets Dèbtors and re Loans b the Circuit InvestrrEnts with TMCP Central Finance Board depts Other deposiis Cash at bank and in hand Totsl ¢uThent assets 6.154 6,154 20.675 20,675 63,275 63.275 8.334 TT.763 12.6 1161KI 20.675 111,038 Current Ilablllilès Creditors (due in under one yearl Grants able within one 88r Total current Ilabilstiès 18.411 18,411 18,411 Not currènt ass•tslliabilitie$ 20.675 Total ass•ts less currènt liabilitie$ 1.839,352 24,912 Long tèrm liabilitieg due after more than one Grants able after one Other lon -term liabiifcies Total lon 4enYt liabilities ear Net assets 1.839.352 24.912 12.61)0 1.876.864 Fund¥ of tho GirGuit General Funds Unrestrict&J Circuit Model Trust Funds Unrestrided Total Unrestricted Funds Restricted Funds Total Funds 1.839.352 1.839.352 24.912 1.864264 12.600 1.876.864 24,912 12.600 12.600 1,839.352 24912
5 Payments to trustees 2020121 2019120 Payments made lo trustees for additional services provided to the Circurt by agreement with the Cirujit Meeting 975 1.250 2020121 2019120 Number of tnjstees who were paid expenses Totsl amount of expenses paid to Injstees 3.828 6.210 Expens8 payments wimarily relate to reimbursement for travel and other costs 6 Fees for examination or audlt of the accounts 2020121 2019120 Ind8pendent examinerfs or auditors. fees for retKKting on the accounts Other fees (8g'. advi. 8CCOUntancy services) paid to the independent examiner or auditor 7 Paid employees Staff C(bsts paid during the year were: Gross wages, salaries and beneffts in knnd Employer's National Insurdnce costs Pension costs ApprentIShIp levy Total staff costs 2020121 63,397 5,081 13.732 315 2019120 61,764 5,332 13,370 309 82.525 80.775 Average number of fijlktime equivalent employees in the year. 8 Analysls of debtors and prepayments 2021 6,166 2020 6,025 129 Sb"pends and assooated costs paid in advara Other debtors and prepayments Totsl deblors and prepayments 6.250 6.154 9 Analysls of creditors (due in under one year) 2021 9.439 1.672 4,764 15,875 2020 10,543 2,521 5,347 18,411 Assessments r1Ved in advance Rental payments receNed in advance Accrued costs Total creditors (due in undér one year) 10 Loans The Circuit CUTrentty has no loans. 11 Capital Commitments and Contingent Liabilities At 31 August 2021 the werg no pital commitments12020'. nill. No contsngent liabilities were identified at 31 August 2021 {2020= nil).
12 Tangible Fixed Assets CU9nt valuation Payments on account and assets undgr construction Fixturgs. fftllngs and equipment Other buildings Land IAanses Total Balanco brou Additions Revaluations Dis osals Transfers . Balance carried forward Accumulated de recialion Balance brou ht forward Depreciation charge for ear ht forward 1,780.000 1,780,000 1,780,000 1 780 000 Revaluations Dis osals Transfers" Balance carried fOard Net book value Brou ht forward Carried forward 1,780.CI)O 1,780,(K)O 1,780,000 1,780,000 13 Investment assets The furKls that sup[ the Circuit me1 Trust Fund are held by TMCP. mainty in the Trustees Interest Fund, on which inter8St is credited each nw)nlh. Mth a smaller amount held in CFB Managed Mtxed Fund units, as analysed below. These are regarded as medium and kmg tem investments. TMCP is the legal owner and Custodian Trustee of all Methodist Model Trust propety. induding Legacies, Endowments and Accumulated Funds. Trusl prop8rty ts held for and on behalf of local Managing Trustees who are resP(sIble for the day to day management of trust property. TMCP ensure that, through providing guidance and acting under their direclk)n. the Managing Tnjstees comply with chaAty law and Methodist law and polity as detcrmined by the Methodi3t Conference. Analysls of investmènts Investments lisled on a recognised Ststk Exchange Investments held in cnmmon investment funds 2021 2020 5,015 4,237 Securities not lisled on a recc¥Jnised Stock Exchange Other investments Total investments 5.015 4237 Change in investment values Carrying Im8rketl value 8t start of year Plus.. additions to investrnents at cost Less". disposals al carying value Net gainllloss) on revaluation Carrying (markel} value at end of year 2020121 2019120 4,237 4,313 778 5,01 S -76 4,237
14 Summary offund movements 14.1 Summary of fund movements for the year ended 31 August 2021 Fund Nam8 Qpening Balance Income EXpendIre Transle Galnsl (losses) Closing Balancè Unrgslrict•d Funds General E4)endtiur8 Fund 38.758 174.516 148,969 -13.0(X) 51.305 Manse Maintenance Fund 20.144 16,583 13.IXM) 16,561 BeneVence Fund 49) 450 Circuit Model Trust FurKI 24.912 823 778 25.165 Total Unre$tried Funds (excluding land and buildings} 84,264 174614 1W17S 778 93.481 Restricted Funds Covid-19 Grants for Cirojit Fund 12,6] 12,6 Total Restricted Funds 12,600 11600 There were no endowment furxJ$ in the year ending 31 AUgt 2021. The Manse mainten8ft Fund is designated by the Circurt for repairs to and maintenance of manses. The Benevolence Fund 1$ designated by the Circutt for finanryal SUKV)rt for those in poverty or distress. The Covid-19 Grants for Circuit Fund consists of a District grant for temporary a(thmmodation and removal costs. During the year £13,000 was transferred from the General Expgnditure Fund to the Manse Maintenance Fund for repairs and maintenance.
14.2 Comparatlve figures for the year ended 31 August 2020 Fund Namg Opgning Balanco Incom• Expendlture TraTlS Galnsl {loss•s) Closing Unreslricted Funds General Ewdrture Fund 41.753 15T.954 138.449 -22.5 38,758 Manse Maintenan Fund 1.376 4.714 22.5CKI 20,144 Benevol6nca Fund 450 450 Cirojit M(xl81 Trust Fund 30.322 244 5.578 -76 24.912 Total Unrestrlct•d Funds (excluding land and buildings) n.507 1.574 14741 -76 Restrbctèd Fund$ Cowd-19 Grants for Churches Fund Covi&19 Grants for Circuit Fund Total R•strtcted Fun(ts 1,665 12,6 12.600 14,465 1,86S 12,600 There were no endowment funds in the year ending 31 August 2020. The Manse Maintenance Fund is designated by the Circurt for repairs to and maintenance of manses. The Benevolen( Fund 15 designated by the Circutt for financial support forthose in poverty or distress. The Covid-19 Grants for Churches Fund consists of District grants for Covid-19 costs arising in individual hurches. The Covid-19 Grants for Circuit Fund consists of a District grant temKry accommcxjation and rernoval costs. During the year £22,500 was transferred from the General Expenditure Fund to the Manse Maintenance Fund ftir repairs and maintenance.
Name of Circuit Purley Circuit No 35140 Declaratlons and Scrutlny I confirm that these arUaIs-baSed accounts for the year to 31 August 2021 have been prepared from the records of the Circuit and that they indude all funds under the (x)ntrd of the Circuit meeting. Signature of treasurer............................................................... Date................ ... Name and address oftreasurer. N J Foster 21. Warwick Road. Coulsdon CR5 2EF Presentation to the Circuit meeting I confirm that the annual meeting held on rt and accounts for the year ended 31 August 2021 were preted to the Circuit Signature of the Chair of the meeting Name of the Chair ofthe meeting Rev Faith Nyo12 Independent Examinerfs Report to the Trustees of the Purley Circult Charity Numbèr 1134261 Respon$ibiliiies and basis of report I report lo the trustees on my 8xaminatiors of the accounts of the Purtey Circuit for the year ended 31 August 2021 set out on pages 1 to 9. As the Circuit's trustees, you are responsible for the preparation of the accounts in accordance wtth the requirements of the Charities Act 20111lhe ACVI. I report in respect of my eXaMinan of the Cirojit's accounts carried out uThJer section 145 of the Act and, in carrying out my examination. I have followed all the applicable Dirertk)ns given by the Charity Commission under section 14515)Ibl of the Act. 10
Nam8 of Circuit Purtey Circuit No 35140 Indepondent Examinorfs Ststement I have completed my examination. I cnnfirm that Th) material matter5 have come to my attention in InneCtIOn with the examination which give me cause to bdieve that in, any material respect.. the accounting records were not kept in a(X0rdan with section 130 of the ACL or the accounts do not accord Trmlh the accounting records: or the accounts do not compty with the applKable requirements nrnIng the form and content of account5 set out in the Charities (Accounts and Reports) Regulations 2008 other than any requiremenl that the accounts give a 'lnJe and fairf wew, which is not a matter considered as part of an independent examination the trustees, annua] rep)rt is not consistent wilh the accounts. I have no concerns and have come across no other matters in connection with the examination lo which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. I havelhave not obtsined 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 exces5 of £10,(MKI {ten thousand pounds} al the balance sheet date. Signature of independent examiner Name of independent examiner R J E Bamford Relevant professional qualification of independent examiner ICAEW Name of fim) {where appropriate) Nla Address 9 Peter Avenue. Oxted RH8 9LG Dale 11