Charity r•gistration numb•r 1134265 THE NEWCASTLE CENTRALAND EAST CIRCUIT OF THE METHODIST CHURCH ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 THE NEWCASTLE CENTRAL AND EAST CIRCUIT OF THE METHODIST CHURCH LEGAL AND ADMINISTRATIVE INFORIAATION Charlty numbor 1134265 Pdn¢lpal addrn8$ BrunS%￿k Place New(x5¥e upon Ty Tyne ar￿ We¥ NEI 78J Ind•p•nd•nt •xamln•r RObsl￿ LaxlknAcuwntants Linited Ferr￿Th￿ Jesmtsnd Nwcast* Tyne NE12TJ 8ank•r5 Lk*yds Bwk pl¢ 102 Grey Street N￿¢8$1* upon Ty NE17BJ Central Finance Board of tho Methcrfjsls Churc* 9 Bonhill Stre81 ECZA4PE SoliGltors SIntry￿ LLP The Cube Barr*k Ro&1 NowLaStle Ty NE4 6DB Sur*•yors and Valu•rs 41-51 Groy Stro8t NeV¥￿stIe Tyne NE4 60B Custadlan Trust•es The Trustees for M8th(KK51 (￿rth Pur￿5￿$ Centra BuldiTrJs Owhan st￿et M1 SJO THE NEWCASTLE CENTRAL AND EAST CIRcurr OF THE METHODIST CHURCH LEGALAND ADMINISTRATIVE INFORMATION Tru$tw$ RevA D Mabl>s V Cho¥ D J Cowans- reslwed 31.08.24 J C Kelsall RLai P H Mart•i Burdon-Apwnted 21.05.23 T F Rogers W F F￿rner A I￿artOn REB￿fflè IA HarTi50n. appO￿ted 01.09.23 E Lgury- rvswJ￿I 15.11.23 J A Buchan-apwnled 01.03.24 N A tknms- appointed 01.03.24 P StrK)rt. r8sign8d 31.0824 J KeFt Deacon A Cwler- resigned 31.08.24 Deacon T Hurne- reSTrgn￿ 31.08.24 A NicMIs¢ R Taglkinè A ￿l￿"nSon J s￿￿n J Atherlr D Lowry MSBall R Ward - ￿VJt￿d 31.08.24 E Ftl¢)ws- r85ign8d 31.08,24 Rev A F Moorh￿jSe- resigned 31.08.24 D PNJeon N Pig8on K Stewart Rev G R Hume- 31.08.24 Rev P D c￿ver.Th0￿pe Revd Professor DA Wi*1[￿￿ R8v J Mooney Rev Dr G Wilscffi. reygned 31.0124 Revd A Wilkin50n R p￿kar￿ Dea0￿ G I Mory M E Grahwn CLEke K l Grffillan l Leung H J cha￿￿￿ L WMI8y J G Patrick Rev K M Re&Jer S D RKhardson S Walker A Ba￿er THE NEWCASTLE CENTRAL AND EAST CIRCUIT OF THE METHODIST CHURCH LEGAL AND ADMINISTRATNE INFORMATION DAStsb Circu(( Stewards Th• Circuit Stgwards. who ￿ th• tr•asurers ofthe Circuit fund, who seNed thrlny thé y￿r and uthtii the dal8 of this report Were as fdknws.. Margaret Graham IFlnan¢•l Carotyn Hall Keith Gilfillan J.P. Audr•y Ild•rton IS•nior Circuit St•w¥rfJ THE NEWCASTLE CENTRAL AND EAST CIRCUIT OF THE METHODIST CHURCH CONTENTS Page Tru51ee5' report Independent examiners TeFK¥t 16 Ststement of flnanckil actlvlti 17-18 Bala￿e sheet 19 s￿te￿nt ol cash Ikyws 20 Noles lo finandal 51atements 21-33 THE NEWCASTLE CENTRALAND EAST CIRCUIT OF THE METHODIST CHURCH TRUSTEES, REPORT FOR THE YEAR ENDED 31 AUGUST 2024 The tA￿tee5 present their rep(Yl wlh the frnancial siatements of the ch*rty the year ended 31 Awusl 2024. The trustees havè ￿0pted the provi%ons ofAccoLmttrrfJ a￿1 Reporthg by Chariti05'. Stalomont of Reccvnmended Pra¢iK¢ ap￿l￿ble to charities preparing th&r acc(yJnts in accordance with the Fina￿181 Rep(Xt1￿ Standard applic8ble ￿ the UK and Rewt4c ol IFRS 1021 leffectwe 1 January 2019). PREAMBLE The Melhodlst Churth is lo have been uealed alier John Wesws convers¥)n (x) 24th May 1736," It 1$ a Free Churth. The Nèwiastlo Central and East Cirujit caTh into bging on 1st S8plomber 2(109 at lh8 meryETrr uf the fc￿e{ N8wcasll¢ H?aton & Walls¢nd N¢wcaslb¢ Br￿￿ck Central CTrrGui15. The lait¢F was iiself formed from a merger in Ihe eady 197￿S ol Ihe Brunswick aryj Centr* Circuil & the Sandylord Clrcurt. Tho ￿11￿9 of The Methodis¢ Chur(* i¥: Worshlp: to Inuease awareness of<￿8 Pr8s6nr* and c*lotrfalo k)va. L•arning and ¢arin9'. to help peopk lo kam a5 Chrtslian5. S•rvlee: lo be a gocxj ne*Jhtour lo Peop￿ in need aThJ chall&TrJe ￿￿￿tsCe. E¥angÈllsm: we mako rK)re lolkwms of JÈWS c￿1$1. The Ckujivs Vision Stalerwil. agreed ￿ May 2023. is as folhyrts.. "Oui wsion is lo bÈ a Circuit of wokoming thwches wtho k)ok to reach and sorve our cc¥nmunilios, bstor values of inclusion and Ècceptsrte. nurture and equip our preachers. leaders ol Worsh￿ Lqy leaders: and who Wofk in p&rtner5hip wth others to make God's k)ve laTvJible accessibk kn all". We comNt to wcrfshp. pray together and celebrale our y￿0d ne•*s stories. to revpw our local mwNstry and missi(n annualty". lo ￿en*'fy key slreryths and th￿l￿fig9s., ￿¥j VJ lrym plans ThJl just Ivi fulwe 5ustsw￿bl1itY but also lo incllxle stralwes lor gr(y￿. OBJECTIVES AND PERFORMANCE The Cl￿￿11 Is ¢onslituled to advance the eifective deFAoynwi of Ihè reym1r￿S of ft¥nisiry, ¥ffi￿h #)tludè peoplè. property and financ&. as they relate lo the Methxist Chwch8s n the CiTCUit. Ihe DiStr￿t an(1 Connexnn, lo Church¢5 ol other denorrinakn'on5 and lo partlC4patvJn ￿ the ctrThnu1)￿es seNEd by the Q'rcurt and in ecumenic81 work in thè arèa. Thè ConstilulK)n aThJ EnunwatKm of CiriJJts OLrt yw by yèar in thè Stat￿8 ar4>0int8d by the Methodist ConfarerKe. The PL*)lic benefit can bo c￿arlY dorrK¥)strat8d by th8 TNst8os as ilw I￿￿l￿d tha caMw¥J OF tha Mothodist Church Irh maintaining the Witne￿ of tho churth thrwhoul thè aroa wl¥ch Iho Cirtuil $èrv•$ in parts ol Newcast￿ and Ncw1h Tyne&de. The ￿ants made have er￿ed the WO￿ bj conl¥)ue abvj pe¢)ple to develop Ihemsel¥ès and grow in faith. ClruJil ccniin￿s to lulfl its basic rde ol provvthng rmislers lo be in pastoral tharge of the soC￿ties ILocal Churches} ¥vhith ma(e LP the Circxjit and churches li vwKyJs wals includino sxovhying fina)co1 holp for their work. We pmvide r￿lsIerS wsth rn￿S It%￿ marffjes are owned by The Uniied Reformed Church. Northern Synod) and see that. through the ￿etsK￿L￿t Church and United Reforni￿ Church c￿￿traI Semces. Ihgy are paid Ihew stip8nds arn1 al￿￿49. manses imtwhalety rOWMfgd ha¥0 begn lot on a$$[￿ed shori hold lease5. DU￿n0 ￿ year under revw, smal team ol four Cl￿rt Stewards managed rts varbus tasks and responsits"Ittses. 9wded as needed by tho CPD (The constitut*￿al Pra¢tir¥ ar￿ ￿"s¢1p11nc ol the Methodist Churchl.. see Fill S. uK.'loin a￿1 ovr chu¥thes grovrth plans upon Ihe four aspects ol 'l)Jr Caling, oIThe kletkndist Church: Worshy'.'sef￿O'. lewning & Caring. &'EvarbJelsm'. Our churthes have continued to explore and dovekjp w w4ys of worship, leamiw aThJ Garing. inlro(kned durirrfj 2020-2021 ￿e to the restrictions imposed by the p8ndern￿. often in an onJin8 contexl 85 w811 as fac8-10- face gathering5. lthilst this Is diffiGull lor those %b*K) are le55 able to access 0￿1￿ne worship and other aclivilies, churches who ha￿ been lo eynd Iheir ￿-1[ne pres•rtp have wntinued to see skJn1fi13nt nwnbers ol new peop￿ engagiTrJ %wth chuich'g life. This is very e￿NIr￿n9 io *ytness. As r8POrt8d last year. onè ol ¢)Ut s￿￿È$. CthkMl9e MglhrMlSsl Chltrch. 'c*as8d to rn￿, in S8pl8thr 2022. From Sep18n7bffftr 2023. w have been lo lease thè txM"Iding to a Communiiy Interesi Company. OVA Trèè Children's Calé Ihtso'.s11"eE:hildrpnEr_Ifp rr. ]1￿1. Th8 arrang8m8nl irb some welcome renlal incorr which is èamiarked for missk)n related admty elsè**)È￿ with"n thè Cirtuit. There were a lew changes lo Clfojil off￿e Wers, as noled In the ol CirtLit Meetiw. The Cir¢uit is also serlod by Minkstws of other tradiltiyns. ThÈ Crcuit ¢Crt)Inbules an annual aSsesS￿Al lo The UniiÈd Reformed Church Northern Synod, to (a)ver the siyerKls and other expensos of URC ministers stat￿ned in thè Circuit. As Revd Dr Grant Wilson rets'red ￿ FebnJary 2024. Ihere is one URC minister stalv)n￿ in tl Clrcult. Th9 Circuit wntirwes lo ￿ ble55ed wlh the conlinuing n￿lStry ol SupeMLmerar￿s." Ih8nks go lo Revd Mal¢obn Newman, Rovd Dwok ￿dr￿Ig0, Revd Susan Richardson. Revd Ann Shepherown and Revd Maw Aitwood. Local Preachers and Worship Leaders eonbnue to serve Cwcuil in tsif callir*J. Th8rr* were six prga¢h9TS Ill tFaining, at vaFiWS stsges. d￿ng the year. ￿10 on trial, of wh)m is in pre-ordinalion training lor presbyiÈrÈl minisiry.. one th has f8ikd lo (x)M￿cle his trainffwj and has now bosn Tomoved from tha plan". o who had paused her tr￿Ing t*Jl is back ort fi0￿.. and kn on ￿1¢, orb8 ol whom 1$ ¢b)$8 to moving lo c Tho Cirwit L&7derthip Toam has not lod a specffic annual review of wr Ctrud)es 8nd prqeets. as fequwed by the Annual COnfe￿rte ol The meth￿j1￿1 CIMKth. (>(rwth or end ol hfe lan5 weie still ￿1 feasible, a5 wr churches continued to ￿t(wer Irom the pandemK restriclKJns. HC*￿v￿. we wer& able to review our vison ot F8brLFary 2023'& Qrcuit MgetiTrJ, re5UrtirKJ n a revisod Vision stalement as oullined knve. CIRCUIT POLICIES All polietses ¢onfofrn as appropriate *Ylh LwKJanco and winciptes as stwlaled by Ihe M&thodist Church (Lh s 11 1s%11.melhodisl.org .-k.,) and the CPD. RISK POLICY OJr RL8k Policy covers the lolknwing ¥e•s." Financial Risk The Circuit Meet￿g Ss fated with the fo￿>￿1￿9 finanryal risks". . dependency (x) h"miled incoth s(xYces {8ssesSn￿nts, Investr￿n1 I￿ome donations).. managiro the ca￿tal resrAJrces.' fluctuations in investment rvnta ￿￿ryr￿., inability lo attracl addition81 donations Irom Ihe general public arvj nrmbets", n unloreseen ris8 in dema￿ lor expeThliiure Ilor examp￿ on Maises and Chapèkl.. an unforeseen Incr￿$¢ In tho Kluprial shortfall on the pension bmds lor ￿1c* the Cirwt meeti￿ crjjld te deemed ￿spOnsI￿e.. an unfor8seen increase in Iho requirèment loi an è**"tk)nal manse (K othw Kryety.. sustained fall in Ihe Val￿ of inves1Th￿nIS and propth hthJ by the Cwryjil aThJ appearing in the balance sheet. THE NEWCASTLE CENTRAL AND EAST CIRCUIT OF THE METHODIST CHURCH TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST2024 Operition. Reputation Strategy We h8ve identified the most synilicanl risks as fdlows: inabilrty to create Melh()dist discwes reSu￿'Trg in further dec&Th. ullmnalety reSu￿.n9 in the Vrtthc*Ji5t Chuffjh ¢ga51ng to oxist", failure lo provide adequate rewr¢es thai enable the Meetry ￿ th"schar9e its resFK)nsibililiès: the experience of Ow Caling fails to be integrated into the mission and ministry pathways of tha CircuiL • sudden change in pokry ot Strateg￿ thredion enlofced by The Circuit Meeling". dtspendtrncy on kmited inconE sources lAsSessn￿¢S. In¥estmenl Inwme •Kt don8tion51,' the impact of economK fluctuats)ns C￿ assets. lat¥"lib"es and our at4ity to raise funds to onth us to continue our work", an unforeseen kncrease in the acluarial slKrfllal ￿ the pens1￿ lunds for Ihe cvc￿t Meetsng coukl b& deemed rèspDnsifAe'. loss of key personnd- th& ¢ontinuiThJ effects ol'Breyll' and the coronavlrus paThJern￿., . wo hav8 a large r¥Jmber of lay empwaes tiul rn Circurt HR Officer. Many of Ihese rfsks are fjke￿ lo remain waly relevant I￿￿Jgh(MA 2024 aThJ beyond. Risk management The fvleihodisl Church in Great Brilain has a rhk manager￿1 Oocy, ththich has been sel by Ihe Vethodst c{￿n(lI for usè both by the Trustees by Circuits. The risk management is desMJned io 8￿j anatyse key straleglc 8nd 4)peratI￿al itsks tscwvj the Melhodisl Chw(* aNJ, vthere at kn¥oLs. to takg Steps to the risks. We define key slrategic operational risks as ¢IKJse Ihal. wrthwi effective or appropriate mitr'gat￿n, are highly likely lo occur would have a positive or wative Impact ￿ the Church'5 atr*'lity lo f￿fil ils purposo of advancing Lhe Christian faith in ￿￿dance wth its doclnnal staNlwds. These risks are repcrted lo the Managing Truste95 thtough a ri* tnanaggfflgnt Pro￿$. wIKh alkn thgm both to o*ballén99 any assumptions thg CiroJit Lèadership team has rnade aL¥Jul risks and atso io u￿leTS￿r1d the conLexl in vthith decIs*￿$ are laken. TN"s helps lo ensure that the m05t seriou5 n5ks are bery rnar￿ged effectivety. The trustees recc¥Jnise that il Is nerther possible rnr approprk?te to seek lo d"fT*nate risk ents"rely. Vve recognise that risk-iaking is inherent wthin the task of £c¥nnxTKating Ihe Gospel: John we￿eY hwn5elf took risk5 in •slabltshirwJ tho M8ihodist commun[￿. Our task. therefore, is lo embrace risks Ihat aTh to thance the Church's puipose5 while ensuring that we avoid or minlmi58 thos8 risks that miqht ha￿ a impact. Eftective risk managem&nt prctesses %viW help lo inLYease the Ikelho(%l of the Church luk1￿.￿g ils MIS￿￿. Thè risk manbwmeni rèp(xt ts rewewed and revised annualty. INVESTMENT POLICY &'nce 2019-2020. the Circuil had buiA up s1gnific￿l reserves. generaled from the 5th of Wesl Moor, Allen MorTN)rial, LOngben1￿ and Hoa¢on ￿th(￿lISt Churthos aThJ (he Bum Torraco flats. The Circuil's uni¢slrided rèséThÈs in AL4USt 2023 werÈ £1.4￿￿1￿*1_ The Circuit Meebng ITru5tee51 had diswssed ar¥J considered thE of invo51wvJ a ¥b9rwficant part of the froo rOse￿￿s, ovèr a Coup￿ of meets"ngs. At thè May 2022 mèÈts"n9 It was agrèèd LO invèsi £750.(XM) In Ihè Cèntral Finance Board ICFBI Managed Mixed Fund %knich had 5trK)wn a p)sibve rglurn ovw a long Fenr)d, Soo h..1 www.cfbiTiethodisichurth.o .u lundw. THE NEWCASTLE CENTRAL AND EAST CIRCUIT OF THE METHODIST CHURCH TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGusf 2024 The decision of the Truslees was based the ¢L￿S1deral1ons. Thè Circuit Meeting has a rèsrrfjnsibihly. as lar #$ is Frfyssib￿. lo proled. mana9È and Ixx)seN8 ¢ay"tal for lulure misS￿n and mini5ty. 2. The ch￿'tieS Commission has provKled guthnce ￿ Ch8ri1ies. seekirxj to invest Cash luryjs. See hl ub calions.'tharil1es-aid-jTl￿jestft1e-. -matteig-a uide-fo'.Irustees-c.cl 3. The proposed fijnd fv OUT ￿Vestr￿¢ - Th8 Mixed Fund - is a risk invgStm¢nt Ilhat is risk 5 on Ihe scale 0-101. There is muth e￿￿e￿e to be c4)nfidatt that Ihe CFB Mwed Mix8d Fund B tA)th ai ethm￿1 and a sound m8dium risk inveslm8nt. S88 also the CF8 8lhiG5 pa9B.' hti 5'.4ilWn¥.r.fbTpl￿1strh￿rCh.0."s.ukIeihIc_ which indicate5 their ethic4 pol.cy regarding investments. 5. The staff at the CFB arg all saL4ri8d 8ryby8es are noi pakl orb performance. 6. 11 tht ClreLtil Kleeling wishe5 to draw Irom capAal th#1 is heby the CFB Mamged Mixed Fund then it is possib￿ to do this with about two weeks rTrotKe. Intorosl recolvod frorn tho invftstmonls wll used lo fund mtssion and mrdslry **lhkn Ihe arc￿1. 8. This wim be an investment fof Ihe tem) aThJ wll be reviewed regularfy. PAYMENfs TO STAFF Mlnlsters Sb"pgnds for MelhiNJist Ministers are determwwd wnualy by the Meth(xJist Con1v￿nc￿. Tho CiroJit, as the omploylng b￿y. contribules io th￿r pension fund. They are also gNefi An annual corrwlÈf allOwa￿e. Lay •mplws In 2010 the Mèlhodi81 Conferènce agreed that the rates ol thè Real ￿VIrO Wago. as publishod by th8 Liv¢n c Foundation. should fonn Iho basic sahry lor ornpk)y¢d by a district. cKcurt LY O kxal church. This kKJicy abo Indudes young P￿r4e I￿10￿ Ihe age o118_ In 8ddition. 8 9.poinl 581ary SCAle is applied lo a person specificAts"on, whid) Fs based on qualfficab"ons. èxpenonce and responsibili1185. Th& Circuit 15 s(xupulovs In following th15 polw. GuhYelr*s are availatlg on the Methodist Church web¥ite. See ITIIps."' www.nitrlhodisi.or .uWlor-churche&'e es-3ry&volunlee ou SAFEGUARDING POLICY The arcuil"s safeguarding wlicy is reviewed armj is presented al September's Cirujil MeetirvJ. All managiro tTust8os are regularty remind8d ol thew r8srKJn&lilities. The circurt takes its safeguarding r8sponsibilltiès vttry serM￿sty, onsuring every churdvprtiieci is aware ol and ￿here$ lo ils responsibilities. such as displayirKJ its pol'cy. updating tts safeguarding informatsw. reviewir¥J rts Safeguarding polry on an annual basis. and retaining its records in acCOrdar￿ wth proper widdin8s. We appo*nt a Circuit Safvwardry Offic8r whn works closely with lhe Circuit Sijperintendenl, &rcuil AdM￿lStraI¢x. and Circuil Stewards 10 ensure that our safeguarclng reSpOrtsi￿.11tieS are Teviewed on a re¢Jular bass. VOLUNTEER MANAGEMENT RegU￿r meetings are I￿ld with an Church Safeguarthg Officer5 and the Civwit Stewards. lo [eMir￿ Ihom of the rormsldoclaratKJn$ wthich all volunteers neon group. CONFLICT OF INTEREST To comply wilh Meih(xJist Chuf(th guidance. Trustee$ are asked at the CirfAJit Mg•ting to dedafe any conltl¢t of intor8s1 a5 soon as th8y are awaro of rrtwbtlity Ihat or h8r ￿r50[¥ll or wid8f nièrè￿5 t￿111 influence dÈtision-makin9 wilhin the Circuil. This is a standard agenda item al Ihe teginnirKJ of each ￿￿eting to allow trustees lo dedare any aclual cw potential t￿ll￿ts of irrtefesL THE NEWCASTLE CENTRALAND EAST CIRCUIT OF THE METHODIST CHURCH TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2024 GRANTMAKING POLICY Tho Circuil meotirg Is minded io mako fKca3ional grwts fr(xn 01 lunds. Th¢sg grants ar¢ disu¥t1c￿aWY atvj lull deiails are given in the accounts. The fu￿ are.. The g9neral fLmd. for exampb grants to thtr Dtstr￿t 8ongvLts)c¥ fvnd. The Model Trusi Ilormewty Ihe Cycuit A(fvarKE Furvji is exhausied. The DislnGI City Centre Fund. Ihis A used in the same way as a Moxjel Twsl - rt i5 Colltrolled by the fvlanaging Truste¢s of tho Distrid. Th8 Susannah Gibson MtrnK)rk91 FU￿1- grants aw*dad for Iho Susten￿¢? of wa￿8Y￿ ￿th0￿"st Minislers"_ no gfanls have been aW￿ded for a numb￿ of years. The Doiis Nuttall bequest - funds were lo i* used al Ihe diwelion of Ihe Cwruit Meeting. bul in pract money is uséd ai on tho lo(rr￿ Sc*rth Gosforth MgllK*Ji5t Church - now known as the Trinity Christian CoffwlluThiy Centre wh￿h tkYi5 Nullall alleNSed. The funds in ihis Trusi were exhausled in 2022-2023. ￿ rt was dosed. Thè Eli2ab8th Ann Burton bwst - n￿•Y was to th8 fc¥nw Wilington I￿aY K48lh¢xlist Churth. Th8 Circuit subsequently tsbtsined a Charity CoMmis￿(￿b Order which allows it io crmirol all the asseis of the bequest. It shouks be noted that. althou￿} Mfs Burt￿ passe(J away in 1972. rt was ordy ￿ February 2C)11 that the Circuit became aware that th6ro was a subslantial sum ol rry)noy and t%wJ TYr￿S￿l0 flats to bo transferred lo Ihe Circuii. The Ilais were relurtM5hed and were to people in need. wa Ihe ch*ily Oasis Aqula. tmje to problems wth 1he maintenance ol Ihe flats. It was deuded to sell them in 2020. The proceeds of ihe sale1£110,0281 were received in November 2021 and we ¢0 t¢ used for m15gon ￿ the CircLal. The luTrJs have now been eX￿ThIed and the lund is nc￿¥ dosed. Bequest funds- these are vanous sfflall fvnds that fflay be used at Ihe di%rgltDn of Ih? Circuil Th9gting. lor mission. The Deacons. Fund - this fund was created by a vote al the Spring Circuit MeeliThJ 2019. by agreeiw to bring logether the three Ten￿l[￿ng smal Modd TN5ts arvj the b81arte of the genetal luryj of the lomer n Mèmorial MetfK)dtsl Church. In ￿der to Ihts, a Charty Commission Ordèr has been obtained and in the case ol trust 1486 the Meth)d￿t CTrJncil voted to approve the tr￿sIer ol the W R Dixon gift to the DeaccM)s' FU￿1. Twst 1486 is 8 p&manenl *xlown*nl". Trust 5377, Lapilal and Inccme Can bé usèd: and Trust 53TIB, income i%n be used and Ihe c4xtal wTrth restr￿1￿￿)S. In practs"c8. it is th8 inlontw that a D￿￿on Can usg th8 inc(¥r• onty. k)r work ￿ Ihe Walls8nd ar8a at Iheir db￿re￿o￿. There is a lurther fund which ts hold and lo rnaintain the marts89 and othw proporty oM10d by tho CircL*t d two manses 0￿1)ed by Uniied Ref0m￿ Church. ACHEVEMENTS AND PERFORMANCE The following ropLYt5 have Lwen 5ubmrtt6d by Ihe indt¥idu* ¢hUrd￿ cy withii Qrcuil. Brunswlck Methodlst Church Biunswi¢* MottrvJdi5t Churth conlmugs to Ix a w(KshipywvJ WKI sorving at ts hgwt of Newraslkn City CÈntrè. In actin9 xs A 'communty hub.. buikling pL4ys htssi 10 a nUrnb￿ ol user groups. We are thanklul I both our paKJ staff and to all OUT deduled volunteers who enable our chwch to L* a sale and hospitablg space. Our thurch bUildW￿ ks well rnaintai￿d aThJ an aItr￿kn¥e IDCal￿n loi gvDUP5 to tneot wthiFJ. Biuriswick Melhcther is ￿anned lor 2025 with three more candwjates. This is a drecl result ol ow intenti¢Thl miss￿n and evangelism, lorwna rÈlalionships wth pèoplè in Ihè communty aTh1 those in community groups. Cbser working ¥￿th Unifrxmed Groups has encouraged wealer ergagemenl n church wrffsh*p senrices, a5 ￿￿11 as helFMng us become more ery)-frr¢nd￿ as they bill bird. *tsect and l*dgelw boxes lof oJr church and ¥Karage gTJthJs. Our stralegy to mission and evangelism 15 ono that vKorF#Natos all ages.. Lillk Shephprd% 8aby aThJ Tcddler Grwp t>J)linues lo supwl famkn In the local communty and share the Christian faith. 11 is wonderful thal son* of Ihe Irtue havè been bapbsed Ihls year. Pasloral and prayef SUPPOrt lor the is a svJnificant part ol llis too. Kidz Rock engages wth prwn8ry age school d)ildren. as does our commitment to l*en the BOL* 3GIKKJl assemblles. We a￿ members of Wallsend Ch￿d￿ W(xkirng Together lour rrxnister chairs the group) and we delNor Bib￿ stories every hall tem7 Eo around 3.0(X) Ch￿dIen in WaM5ond 5chcrfJls. This ha5 resulted in stron9 re181ionship5 wilh ILxal sclKx45 and more ￿qUeS1S lor church visits. The governance of Hol Choc¢laie Youlh Grlw now l*es with the Nor1h TynesKle Lo(31 Council l*tho havg successfully 5ecwed three years. of funding f￿ acliwties cosi ol lewlersl Ihe church ¢ngagemenl conlinues with our m￿lSter wesent #s 8 v(Aunteer ￿a￿er on most weeks. T￿S engagement helps reduce anti-swi81 behaviour around church as wdl as irwporating ChrL%lian fdlowship and Christian teaching wilh Sormdary school pupils. THE NEWCASTLE CENTRALAND EAST CIRCUIT OF THE METHODIST CHURCH TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2024 Our Honesl lo GCAI Iwice mcffithly drwn seswon is at adults ￿anting to find out about th& Christian laith or ask questsons and share faith experience in a sale env*onmefti. We have also run Advent nd Lent ￿1r5¢S in porson and onling. These are Valuable sessions of lellcmship and faith. The many social aetsvati.es Open PAIC. MUS￿ events. quiues. Wam Spaco - wondorful opportuniti9$ to In￿19 peop￿ into thurch. OUT lellowthp fiequency of between church and the Ioc81 care horre h8 signrfKatrtly a5 a re5ubt. Furthermore. and In partnership wrth CedaThThd Trust. we Lpened a Popup SlY)p from J8nu8ry lo Apnl to our COMM￿lty In thfjsg drffiojlt fi'narval limos. As one of the orignal founders we remain corrrfnrtted lo outreach 1hr￿jg￿ R￿Ing Sun NeIghtr￿r8 la stmll group of ¢hur¢hes engaging %%ith peop16 in Rising Sun Country P*1. We lokl the Christmas story and sang Garo15 in Dec&nthef Ihan rtèkl a craft sial at thè Summèr Fesbva. distrthlirrfj over I,(XX) church imlation ￿afi8ts at these events. Christmas séfyieès wérè oncè supF*Mlad wlh 0¥8r 2rx) in the c(ryrogatK￿ on Christmas E￿. Th•r wa5 also incredible support with toy donath)ns lor Ihe Salvat￿1 Am)y Christmas Appeal. Our eongregats'on continue lo be generous with 5evetal other chafities. Wathing With Noth Tyneside Is supported every week through our lood and rIK￿ey donatsons. as well as vdunittr lime. Addit￿nalty. the gonerosly ol tho congregation Ilus the generosity ol the Circuit with a ￿ant) enabkd us lo renew our cc*Mlemned heèting tr*Jiler la huge cosl!) and we have a wrK)fe effKienl, wntKe ￿￿4T1￿￿1￿ Ipatiry system, V¥e have also paid (yjr finan(aal commitments in full 4￿n. We leel bknsed by (knj as serve and c<)nYnunity a5 4 dwrth f¥￿. Jesmond Paethodist Churc The ¢ongregabon al Jesmond cont¥iues lo lknJrBh. HYJhlighL8 Ir￿￿￿e a new work ￿1h y￿th 8nd developng links with sh1o￿ri￿￿ by rolo8￿ng the Lay Pastor lo links beN¥een lh8 communilias. The now kn"t(*en and dwrs ha¥e tod an ¥nmeiJwte result in mg4*ry Ihe Churth rThye accewble. We find pe￿e often Just In. scATething we have hoped woukl hap￿. The nthv confwJuration tsl th8 cmrch has alowèd more Spa￿ downstairs fLY contbnued aNI a baby èrHI toddkr area has boon w8k0m￿ by new parents. JMC (x)nts"nued its wese￿8 at lh8 J8smorKI C(￿￿nty Festr¢al hoslirq a QU￿ Nighl. our usual Tastè èvent and a Try Church SurKlay. Following up wth last year's ch'mate chaThJe distyjss￿. we have devebped our pC1￿Y and htroduc8d syst•ms rwdlThJ. and 7*1)at we th) lo rmwe t(Y*Yards a Sustainab￿ pattem of boirKJ. One signfficanl environmentsl Chan￿ was lo gNe KAarrts away as a 'student wdLxxne' event instead of Ffjnting lots of inforMatk￿ for Siudefits. wasting paper and resources. This was hwJhty successful with chjrch members 9rowng cutting5 for I￿nthS so we crrtAd gi4* away 200 pI￿lts. JMC has faced chalkngès bul has sttn wAh ￿ rhew tr￿'n9 thawn into the communty. Space remains an issue and drffeTent ways of configEYr¥J Ihe thars to engjre we can get everyone in remains a joyful challenge. We nourish ￿ry1h the suFy)rt of many who sorvg in voluntary way5 ￿ Leadership. WelGome, HosiNIg. Preachin9. TecMok)gy, Mtjsicians. gftsups. and leading kn'ds 8nd youth work. Volunto¢rs holp us maintain our bU￿dIng a￿j we have regular user gTOUPS wovidry income through bookings. We cOntin￿e to have good working r￿￿￿'01￿￿￿3 Caffg 1901. hall. JMC has changes corring to rts staffing Ircffi September 2024 and there we new Opp)rtuni￿9 kn fulfil our mission. We contM)ue to lorward with ho￿. THE NEWCASTLE CENTRAL AND EAST CIRCUIT OF THE METHODIST CHURCH TRUSTEES. REPORT {CONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2024 St Andr8W'5 Church. Benton Imethodist and URC LEPI We c¢￿tinUe to bo blossod wth a r￿h vangd worship 8￿p￿nCe wth worshy loaders providod by thg Melhodisl and URC churches. We olfer Iree refreshments after SurKlay morrring service which enh8nces the lellowship shared by reguLHr wor5hippeT5 and enables us to offer a wami wekome lo v7sitor5. We have worshipped outside the church on sperKo1 occaSK￿". oflered a l*¥e st￿M from St Andrew s for some services: run a monthly mbJKEek worship and fellowghy as as Klessy Church. whith also delighled all who attend, tjolh YOU￿ and old. In addition to our minister. a team of volunteer pastoral carers keep in tcxKh wrth people a regular basis. The pa%toral t8arn meet at least 1￿c8 a year to re￿8W pa%tOr￿ n88d5 aTNI 8nsure that av8ry0rn is inc￿￿￿11 in th arè coveragè. A group also pray on a weekty basis Ity ￿1￿￿￿"0ns. VolvntÈÈrs dèlivèr Ik)wèrs èach weEtk in Ihose who ar& unwell ry in need ol support and somolimes to cektrbrale a haFVY evenl. Wo supporled an Iranian family seeking asylum in the UK who have been granted ￿lugee status ancl nw)ved lo Sheffield. The lamity expressed their gratitude m an opan letter lo Ihe chufth. ￿en￿er$ of the congregatKy) keep in touch and ovlde 5UPPOrt Yéhen appropriate. reminding us thal dislance does rK)l F￿erAL￿e fellowship. nk)r Church has been lod by dedic%t￿ thurch wlunteers with the regul￿ aslslance irf on8 8nthuslasfjG church member and the occasN)nal support of wents. The rvJmtr*r ol chI￿ren allending Junior Church continues to fluctiiale and there *s a 7Mde age rarwe. In Tecenl m￿th5 the JunicK Church has relumed lo Join the rest ol tho congregation al Iha eryl of sorv￿o$ and join whon communK)n is shared. Currpnlly we hB¥e 8 lamiles who have d¥ldTen on the Gra￿ rol with whom we keep in touch. They all receNe Iho church magaine and the chiklffjn recetve ￿.rthrtaY. Eastor. and Chrtstmas cards. During Ihe year our rninist c4ficialed at two infant bapts's￿ and inf￿t bleS￿￿lhankSg￿n9 servKes. Our uadle roll secretary gnGouragos lami1￿5 and dM"Id¥en to atterKa relpvant 5evvrAs (x gVgn15 thal ￿1 h91p thom on th9ir Christian joumey. The 4th Newcaslle &'rls Brvjade meets in Ihe each week. is growwvJ in number and is by tFained voluntèèr lèadèrs. Each agè group Idk)ws ￿"r o¥m apprryriatè themed progr8mme materials. All gir￿ and YOUW WC¥ll8n work towards badges to reward and c¢￿brate their achigvement5. The group has taken in a SLN)day seNke %thid) induded leading Ihe and 5hari¢¥J a wdeo podcast of ¥that belng brave means to Ihem as women. Al Ihe end of the year the membership ￿Te c*LAatewJ lo be 107. Whlst some of our members are unable lo atte￿1 chwch sètmces. we enjoy ￿*le0M1ng olher rwlar churdyws or Ms1￿r9 each weèk. We are normalty blftssod lo havo a lull Congregat￿ of over 70 attenders ai Sunday mofflng services. We have a dedI￿ted editor tooether a church mwne - Thdings - on 10 oach year overing the whole year. The magazine has been a part of chufch lor many d8cade5 and is apprÈc*aied by many inside and outsh* Ihe church far ￿ wde. The magazine cL￿lent fealures a message Irom the miThsler. diary of church aCt￿￿eS, church news and lookn"Th3 frThar¢l or baf* at thurch reL4ted èvènts. Many from Ihe church part￿Pated in Ihe Chiistmas knitled 8ngels OUtre￿h Fwojecl. Over 1000 arKJels were dlslribuled by the churd*s In ¢xr a￿a. ￿0V￿"n9 bSess*ig and erM)xwrr￿l to reclxents. The premises are also well used by many exlemal grcxips. 8rKI sm have been C￿n9 Iheir activrties in the church for many yws and are wel kno*n in Ihe CLNnmurnl*s. We Support the cornexional luTr* ol the Mothodist arKI United R¢fornF Clwlch￿ in Britain. The ckwjrch regul&ly supports several UK chariti'es thal oper8le bc81ty or globalty. Thi5 year ￿￿eY was sent lo suwx)rt local (3uses through th8 Cedapwood Tntst. the NewcasU8 West End Frx)dbank and Walking With. Ap￿al$ for the Middle East crisis,, Gaz#,' Ihe Libya flocKts and the Morocw earthquake were atso supwxted. Church donaiKins are made from the churth CARE FurKI, whiGh represents 2'A ol all olterings anij related Grf( AKJ, or by spedal Collections during the y8ar. In total w8 donat&l E8.305 this year. As well as routine maintenarKe on the building. the church is seekryig lo m*e Ihe bu*Jw¥J mixe energy efficient. w4h an initial locus on renewirrtj older wndows N%ith doublo olazed units. THE NEWCASTLE CENTRAL AND EAST CIRCUIT OF THE METHODIST CHURCH TRUSTEES. REPORT (CONTINUED) FOR THE YEAR EhlDED 31 AUGUST 2024 St Cuthbgrvs ChU￿h. Hgalon IM8thodlst and URC LEP) Aft&r a ts.me ol uncertainly fdl0w￿g the retirement of wini51er, Rovd Gwl w￿59n. in January 2024, we were advised th8t Revd Paul Cleevei-Tlwe had been 4)pwled as (¥Jr m•iister. sharing his lime wth 8runswick and thè Chinesé church. We l¢xA( lo￿3rd lo wekoming Pajl at his f*st setmca on 151 Soptentsr. hopafully with lunch where he can meelthe L>)ngfogat￿ informalty. W? aro h￿Ing k*Thvard to WOTkiThJ wilh P?ul. Our Wives & Friends Gr￿p ety)tsN*s to meet ￿ altemate T￿$daY aftwnoorts means that the ladies (most ol whom are 14derl are able to erioy mixing othefs and then go home t*lorg thrk. There are around 20 lad￿S most afteffloons. Sadty, the Gid's 81igade ckjsed in July. Th&r nurthrs had been drop¥Mng over Ihe yè8rs aThl aftÈr rnany yèars the deusK>n was tsken to dosè. WÈ the Team leader ￿ (Ahgrs u)nn￿l￿d sl wishes and our thanks for I￿r kjyal s8rvic8 0￿[ Ihe years. Thè ￿lIding is still bekng by NÈweasUe Cmstw Talwnaele on t*0 ￿n￿￿J$ v*ek an(1 on Sunday afternoons. Sl Cuthbert's are stil part ol Healon Churthes T(￿ther and take parl on event5 whth are shared by the churcho¥ ol Healw a￿1 HKJh Heal￿. The church gardèrts at the SKle ol th8 church arè maintained by of our congrega￿n are still appreciated by the thal community wtw). il seems. slim trmnk ol Sl Cuthbert's as "th&r ehurch" even thoLW not many ol them ali&)Y thjrch seThices. On the recommendtht￿n ol the Finance Ccynrrittee. the d)urch aweed to undert&e the necessary repairs lo the building as highlighted in the 2019 quinquennial survey. Allhough the hal to utilise an oxtensive affnunt ol ils r¢serves to wver the cost ol ￿ rep8n. we were grateful to be awarded funds Irom vantyjs grant makin9 bodies. The qu￿que￿nI￿ reports 012014 &nd 2019 h￿lIghted pfobknls wrth the roof1G￿.m￿ey5 etG - this woth was complotod in the summer of 2023. How8ver. there was a further URC Sync*J quinquennial sw¥ey urKlertdken iri March 2024 whKh hghlyhted mapr IKrtI￿rns ￿1h Ihe exter•y wall on the sxemises. This is n being dealt wilh a5 a matter of urgency. Church of St John the Evangelist, Kingston Park (Anglican. Methodist, Baptist and URC LEP) This has beèn a yèar ol stèady rwress. Recordèd M￿m￿rSt￿p has incrèased sligmy, and attendanc8 al sepéii•s has grown throughoirt Ihe year, *ith over people regukirfy attendry services. We continue tsur inlliadve lo encourage new altendees io become members and. wst as Imk￿3ndY, to volunleer In sukyjrtiw our we￿. Ouf Biblè study groutts have expanded ts)#) onkne wia Zth)m arKJ in person, arKI has been positively received wth incroased att￿a￿e. We havè conunued to oller a rargè ol wIre￿h events kn the tsynrmKxty, i￿ll￿ling 8 su¢¢esshA Easter egg hunt and Harvest actiwties. ccmbined with Klessy Churth sessions. vAth e￿h ev¢nt attraciing over 50 children. The major ovenl of the year was our Party in Ihg Park fvn farn$￿ day, featured fraiFground Tides, local cornmunily groups. stalLs. and failhthsed rnus￿. It was a ￿e81 success. We hekl our carol singry everts al Marks & Spencer and Tesco to raise lunds lor West End refugees and ActKJn Chijdren. Members have been very active in the collECtion ol shceboxes frt¥n *¥oss Ncfthurnberlar￿ Ne¢lh Dwham. Our bookings ha￿ Nnprovod tkmughrArt the year. We we trAessed to ac£c¥nmctrdated new grwps, whose activities have placed St Jokn'¥ ai ￿tTe ofour carr¥nu￿. Wo are in Ihe throes of fundraising kjr the rgrthal of our hgating tr)￿￿$. To datg. wg havo been blessod to ceive grants Iroffl the following". we$￿ I￿phan HoL￿e T￿￿1£2,[￿￿)). Benelacl T14JSt 1£1.7501, Northumbria Histori¢ Trust (£3,000). an(1 Garfield West(y) 1£3.5(M)l. We hope to ¢omplets the In￿81￿110￿ li tho y¢ar. Our Methodist nxn$5ttrr, Adele MJotlNJuse. ￿tire$ ￿ Augu$1 2024. She be y￿alty misstsd, bui wtr ar delghted that the IAethodisi C￿￿ch has arravyed for Deac£¥) Ja HeThJerson io yjn us on a part-t￿ne basis froNI 1st Septernber. We are IKJpelul that c4w longstandiThJ Y￿anCY will be til￿d in 2025. THE NEWCASTLE CENTRAL AND EAST CIRCUIT OF THE METHODIST CHURCH TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Trlnity Church. Goslorth Imethodijt and URC LEP} Trinity Churth 15 a Local EcurTwical Partnership of the Methodist and United Refomed Churches. "The purpose of Ihe charity is lo advance the CIwksl￿ lallh in the arga ol benefjt in aC￿)rdanCe wth the principkn and practsces of the p8rt￿lPatirWj churches.- Wg h8vg continued to benefii from our proThM'ngnt hxatirm rm Goxfth H￿h Stre¢l. Every Sunday Ihere Brè newcomers In worship. and we aim lo provhle a hJsytabSe wdcome and sp￿tUal supy)rt to all. We have tsken steps to make wr worship mQfe ac￿sSIble. e.g. PTovith"ng Iw9e-print hywM books people WIK) ha¥8 dfficulty r8Èdlng words from the scrttns, akJrKJ wth sèrrTh)n ￿￿t0$. Wè C￿￿"n￿e to stream our sepvices on YouTube. wilh be*Neen 50 and 10Q weekjy v￿￿$. Additionaty. a printed swvice is posted out every week lo about 25 hous8bound rr*mb81S Wit￿1 inl*m8t accèss. In&P8tson att8ndanc• at Sutwjay moming worshlp avwage$ 100. Ctiri51ma5 2023 was suc¢es51ul ￿1* attended carcl service. chikken's rJib 38rvv. and Christmas Day celebrallons, kKIL¥JirMJ many vi$4tors. Easter was sknlkgrty celetts￿ ¥Alh well attended Gwd Frhday & East Day seNices. Jr minlsiry wllh chbldrefi and ytsury pwle conb.nw Its thrNe. 1￿lit81èd by w pal-timè Chldrèrb and Familles Worker. We have enjoyed ￿￿cOmI￿j class visits Irrxn nearby sChO￿s. (MK popular Toddler Group always has a waiting list. Our SU￿13Y evening youth 9roup is stin rneeting. Several ol farThlies s%tnl to the Ce(larn￿od Fesllval in July. supported by a grant Irom Northem Synod & help lryxn Trinity. r various groups and 8CtNibes tr adulls we also doirvJ wel. Our Wwm Welcome Sp8ce on Frvjay mornings continues. most of Ihe peo￿? who ¢ome rdatè to tha Church. trtjl thère arg oft&n othoTS who como in for a warm drink and some corrpany. This provi5K)n will conbnue Ihrwh the eorThng ￿ttle1. We hove cpened our Church on Tuesdays & FrKlays lor wvale prayer 8 ￿llectIOn. wth visitors attenth'ng. A Men's Shed continue5 lo opeFale w*ekly & is att¢nd&d by non-chvr¢h peop￿ %%*K) arweoate rt. This yoar ￿ havo w)¢knt*l S￿eral th'ld baplismldedication$ & an adult baplBm81 Se￿1¢?. r Conw7wnity Centr99 are Important hubs for tho ¢(*nn￿Thty. Wg 9th)y a good r•Wo￿h￿P vlth our hirers. most of whom ae corrffluThty4)ased gfOdPS of busmesses. and ¥%* Mew the how"t8lity we gNe in our Elkappointed and 5eThYced rooms as an expres51c￿ of our lallh an¢J rn￿￿0n. Caffe 1901 Ixvvides a welci)rning introdiJction to lh8 C•ntro. Both C6ntrés ar• op•n 7 days a w8ek. Aboul 2.500 peorI8 com8 Into TrSnlty lfl a typical week, and amther 250 atTriniiy Chn"stian Community Centre in s￿1￿ Gosforth. TIFnity. both Church and Cenlr8s. vakn8s ts pwticipabon of dozens ol ¥okJnlèÈts, who givè a huge anY)unl ol their time and skills ￿ a var￿ty olways. Young Church. M￿￿e. welconmng. calering. leading Bible-study groups. pastoral care, bulkI￿bgS maintenwKe. finance and muth TIMYP. Church finances a￿ayS chalerory. but our mèmbers cOntW￿ to giv6 generously. We covered all PaYr￿n15 in the year, includiry £4.100 lo kral ¢harilies, wJreod by CourKil. from spear￿d members. giving ratsed £9500 lor Ihe Walker & tHstrSct Foodbank. Property maintenance has been in Ihe regk)n 01 £21.00 h has b88n managed wel. 11 has been another good year lor Trinity. We don't lake lh￿ for granted bul cffib"nu8lly look lo rknj lo lead and Èquip us lo fulfil His purpose fft the conNng yèars. Wè look lorwatd to welc(Jning our Dea￿ in Sept8mb0r, o will no doubl take us forward, Trlnlty M•thodlst Chureh. ¥Vallsènd The congregation on Svrhyay's is fairty constanl wrth an average of 20- 25. We have welcomed inlo our church mmunity someonE wI¥J CLVn¢5 with Iheir carer. His c￿r says Ihey feel so welc(Mned 8nd part ol the chvrGh farnrly. We continue lo record ￿%￿shiP ￿1¢h goÈs oul M thè YouTube d)8nnel and uJnt#)U8S to enable peop￿ to feel connected in all parts ol the io- THE NEWCASTLE CENTRALAND EAST CIRCUIT OF THE METHODIST CHURCH TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2024 Ouf thurGh hall ￿nb)Ve5 to be used by Sc(MJts. Bk)om Babes. Lv* Danung and the Circuit's prqod, Hand in Hand. Thero is 3n appreciation of lac41ibos on offer. W8 have an aclNè Girls Bngalè Group whrh has grown considerably in the lasi ￿e1Ve mnlhs. Tl*s 1$ in part a r¢5￿1 of wr inthemonl and bu1hli￿ of relat￿nShIpS #i a al s¢hool. The Youlh Club regularty has 8bout 30 young people eath week. Tfv5 has been hebj at Trnity on a Friday evtrning for t19￿5. Thore is nowhpre yw to w in Wa15end. so tlis is a M￿h4)eeded ¥et¥ice. These groups rely on volunieers. and we ar8 p￿a5•y that we have tK>t Ixsnnècted VAlh thurch to enaNe these groups to function. We have a ieam y11￿ ¢￿tin￿O lo w into schools olt8ring Open thfr Book, tly"s has resutted In visits to the Chuich by Yew 1 aThJ a deepenw ol rekrytionshys. We hekj a harvesl meal was welco￿1 and ¥MII received by ￿ peoplg mainty frc#n Ihe commwtity. W& have a new Fell￿wship Group Ihat meets once a mcrfh. We share bnch and have a varied 4x)nversalKTrn. r8spNhse to Wami Spac• iniliative. ￿ oK*￿d a Saturday ￿￿71ng. Pèopk ITOM the commlsnity. usually around 25, were wekomed and offered IK)spilality. Folhxing the endiThJ ol Ihe Warm Space in iniliative, we hav& introduced a GI￿1ee nNJffliThJ as part ol mi8sw)n. We wulady We￿L￿e 25- 30 peopk ￿la￿'OnshipS are fomiing. For a smal dHJrch, Trinty is a l¥Jb forlhe comnyjnity and *tkomes al into its mbJ$l. The Wesley Orphan frtouse Trust I￿AT) Thc IOIOHT dcllvcs Its Incomo trom ground rent from the site ol the former 'Orphan Hojse, Northumbert￿d Strèol In NéwiasEle UfAJri TynÈ. The also re(*ives a small Sum frc*n inv0stn￿ntS. Tlie trust budgEls to have aPF)fDXiTnalety £25,000 3vJl3blo Ivr gfaiils and favours wLYk wth thildren, the vulnerabl&. education purposes and propèrty Iri 202I.'2024, thirteen grant5 wero made totalling r34.175. These grants a numeriL' and fir￿[lL￿1 inLr¢ase lo Ihose made In 202212023 whefE*)y we w￿￿e ¢Sble lo exceed our bu&4et. Rolliiiy yrdnt5 were maintained over thre¢ or five yoaTr to P£lion for Children (Newcastkl aThJ Wesley Siuity Centre Iourhaml. Indiwdual grants were made to: St John's Kingston Park, Church of Ihg (>)>J Shepherd. Battle Hill, Lanch6sler Boys Biigcide. Newcasme Ivesl Refwees ServKe. sh￿driekI Art Work5 @ The HLIY B1￿ul1, FOCUS r1t Edsirigtun Melhcéisl Church: Poniek2rnI method￿ Church, Trinily Chri%ts"an Cormiunity c￿tre ai Soulh Gogforih Meii)(idisl Church, Brunswick Melhoth'st Church, SEARCH West End Proio(a Houghlon le Spfinq Methodist ChurGh. Further infor1nati￿ about tlie trusl and want applcaliN forms are. avaiLqbie via our bvet>S'"te which is Ii,')ked 10 NrrnCas1￿ Central and East Circukl ￿ts￿le. see Wesle O n Hc•J e T t - Nemrasue Central and East new nl Hjnd in Hand Thère are Iwo Hand in Harknj the W•llsvnd Hand in Hand meèts weekty on a Tuesday In Tmity mel￿￿1$t Cmrfch. The is to reduce and p￿venI loneliness and social Is0￿110n in objer p￿[le. We have had some rb3w rr*thrs and there r6 an avera￿ ol 18 attending weekly. E￿h week our mwnbers are we1cc￿ ￿ a uJp of tea and Ihen eryoy a tKYJntlntsès to wow.- 'The exhj.bii￿rt wovided real f(x￿fOr th(xW.- -rhe hlm was vgry thought-provoking and made me Ihink ab￿1 my con￿lI0n to the community, andmy le in tl. 1 ￿sIlY enjoyed dimerent r￿pIe s SI(￿$ 8nd￿r$pèC￿V08. It madè mo laugh." "I hadn'twckad Lw a pant since O Lgvol art neaity ago. 11 was a ￿ary￿￿0&￿1. However. I have pmduGed Iwo painlings fv th¢ SA W eXhIbitK￿." FI14ANCIAL REVIEW Flnancl81 posStlon Income for the year ended 31 knJust 2024 totaed £795.97912023.. £818.704) resulting in a surp4us for Ihe year of £330,45412U23". £150.363}. F￿￿1 totalBd £2.308.156 at the year end, ol which £14.849 are reslncled funds, which a￿ held lor spec181 PLWP)se olThe Wy Bi￿{111. and £2.393 ¥e endowment funds. urYeSt￿led rasc￿0$ total £656,230 which Includes those hokj lor speoal purpose of £70.882 The HL4y Biscuit. £4.776 Hand in hand and £320 Mgihodist Women in 8nWi. tksBnated funds 81 the end ol the year aThwxfftled to £1.634,684. 13- THE NEWCASTLE CENTRAL AND EAST CIRCUIT OF THE METHODIST CHURCH TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Reserves policy . general funds The definilDn of reserves is.. Income whKh be¢On￿ avadth to ￿ olwity is to bg gxpendpd 81 the twslee$' discrolK)n in furthera￿0 ol thè charitys objects. but is rK)I speni. ¢ommrtled or design8ted." The free reseNes of the charily therthr¢ ¢xGhxJe end0¥￿￿ents. reslrKted funds. designaled fvnd5 and funds already Invested in fixed assets. F￿e re5eryes ol Ihe charity at the year end 8nKwJnled to £67,992. The reseives policy lor 11)e general mrn fur￿3 of thg CIT￿11 agr￿￿ by ihe Iruslees is to ho￿ thg eqirriva￿nI of the relevant annual experbdiiure. plu5 Bn estim81e of any known fluctvatlons. Thestr roseTh•$ ar hekf In th8 Central Finarr8 Board doF¥)sil acc4)unt. The unrestn"ct8d funds are currenuy ￿loW the policy. the Circuit Managing Trustees are concemed a￿1 Ihis and mindful to èddrt55 the siluation as S￿n pgssible. There are plans lo balance the budgèt ovw the lolkwww two or three year5 and then slarl to re-buikl reserées. Shou￿1 thore be a funthng rxisis thÈn th6 Managwvj Tmst@8s wwld mak8 an appoal to tho Local Church8S. Struc￿re, gov•rnancé #nd m•n•g•rront The charity ss control*d by lis govemiNJ ¢kncuM￿. È dèéd ol trusl ccfftstilut8s an ur*nrxwporated charity. The charity's tr8asurer5 of ￿ CiTCUlt aye the lay CYcsJtt Stewards. Of the Managing Trustees lisled previously. all arè lay pÈople excepling Ihe T￿&&n mM)tst8ri8151aff. two of whoyn are retired". one is PrinGipal ol St John's College Dutham. one is chaplain at Plgrims Court M8ihodlsL Homes JÈ5mond_ ClrcLrfI m88lings ar• generalty hpkl three tirr￿S a year and indude represental'ves of all the SocietEs11(xal churchesl and projects in Ihe Cwcurt. The Supertniendenl K4lnlsier (who supeThises the Mtjrk (A ot1￿[ M¥nister5 n the Circuitl Te￿￿t5 10 thk3 rrmwliry as (kn the Cwcuit Slewards. The govemlng t￿Y of the cIr￿mI IS thè annual cw1e￿rtt ol Tr ￿t￿l$t Churth. The Melhodi4 Clwseh Act 1976 give$ tho authorily under whKh The Melh(x1isl Chwth acts. The consb"tutK)n pracice and dlscyliné ol The Melhodisl Church 12019 edilb)nl logelheF ¥￿th Dved of Union IAct of 1929 aopt•J 193219overn Ihe adiviknès ol the Cir¢wt In generat, The Melhodlst cl￿rth is excepted frtxn ￿ na¢d 19 register a3 a charity by the ccffnbined gffects of Seth"on 46141 IA) of the Charib"es Act 1993 8niJ Pwagr8ph 4(21 ICI of Ihe Charities lexcep1￿n from registr8bonl RegulatirTh 1996 as amoth by Stalul(ry InstruThnt 2014 No 242. The CiroJiL however, is a separate Registered Charity, number 1134265, r* EThJand Wales. Thè Tnjstees who hxve 5efved durtng Ihe sinc8 th8 yoar-end are sel (Njt rm the *al a￿1 adnwnistration pwJe5, The treasurers {c￿CUlt Slewardsl are èpp￿'nttrd annualty by the Circuil Meeting and the Managing Trustees are appointed olth¥r by". lal the S(J(ietses 01 they are rwwthr5: Ibl the Preachers, Meeting.. or Icl by being ex-officio (Minlsier5 in 9￿1 slandirvJ or hokling a Dislficl or Conr*xional Offi(8 or duty appoint8d Lay Workers). In wactice. LV to seven Circut Stewards may be appointed who serve, generally, for a minimum of 3 years and a maxlmum of 6. The principal add￿5 ol the Cwujifs a￿litors. bankers, solicitLYS a)d other a￿Sc(S afe given as part of Ihe rele￿nCe and alminIstral￿e details. The CirGvit Stewards, athg as Treasurers. are responsible for ihe det*"led examination ol Ihe Financial Slalemenls and for recommending Iheir by ttE Cirwil MeetwvJ. One ol theiF number is designated Treasurer. and her main role is to m8n>3e U* fmanees of Ihe ciT￿rt. assistod by the C￿curt Acc￿ntS Administralor. Circuit is one 0112 of the Newcasue l)5$trid aThJ has 9 Local C￿￿h￿s[l2 premlsesl. of vthi¢h 5 arg Local Ecumenical Partnefships. They a￿ con￿￿ta￿e wa the ￿ne￿I address of the CirDJil. Ftjnds are IranslerrÈd lo Circuil on o rpguLqr baws lo rreet ¢XXbv¥bit￿￿tS to the District and the upkeep of Ihe Cwcul. 14- THE NEWCASTLE CENTRAL AND EAST CIRCUIT OF THE METHODIST CHURCH TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 The trustees. rep)rt was apwoved by the Board of Iru5tg9¥. Rev A Wilkins￿- Tvusl¥• 15_ THE NEWCASTLE CENTRAL AND EAST CIRCUIT OF THE METHODIST CHURCH INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE NEWCASTLE CENTRAL AND EAST CIRCUIT OF THE METHODIST CHURCH l ￿pOrt to Ihe Iruslees on my ex￿￿811￿ d the financial slalements ol The me*ras￿e Central aNJ Easl Circull ol the Methodist Chtrth (the charity) for lh8 year endod 31 AU￿$1 2024. Resp¢nslbllltles and ba$ls of report As Ihg Irustges ol tho Ghanty you are res￿￿￿b￿ foT preparation ol the financial 3tatomgnl¥ in with the reqsjifemnls ￿ tl* Charit*s Act 2011 (the 2011 Adl. I report in respect of my examination ol the charity'5 fi'nanc￿1 Statements carried out under sertion 145 01 the 2011 Act. In tarrying out my examinatin I have IC41c￿ed all the appkable Di￿11(￿$ given by the CharSty Comnmsslon undw sects.on 14515llbl of Ihe 2011 Acl. Ind•p•ndenl •xamlnerfs 8l•t•ment Slnce the ¢￿'ty5 gross income exce&Jed £250.OC(J YOUT exJniner must be a member ol a trM)dy listed in section 145 01 the 2011 Act. I rffjnfrni that l am qual$f￿ to undortakè examinat￿ bo￿$￿ l am a mombor of ACCA. which on8 of ￿ lis18d bcrf185. I ha¥8 cmipleted my 8Xamm￿l￿1n. I confTh Ihat Tr) mattws have rJxn8 to my allont*yi In conn8ctk*n wilh Ihe examinÈtion giv5ng me causè to b￿leve thai in any Materi￿ respect.. accounting rec(xds wwè not kèpt in respect of thè charity as requK8d by section 130 of the 2011 ACL or Ihe financ￿1 statemonts do not with those record& or the finarKial slalements do not ¢ompty wilh the applicable requi￿n￿nIS con￿MIng the form 8nd content of CCM*)tS Set out in thè Charities IAc(thnls and Repc*tsl R8gulatms 2(X)8 0th8r than any requirement that th8 cwts give a Irue fair which is nDt a matt8r cx)n%dered as part of an indeperKlenl examinalion. I have Th) cor£èrns and have cfme ￿0&$ t70 olher matters in connectk)n with the examinab.on to ￿1¢h attention should be drawn in this report in syder lo en*Ag a Wwyers￿ng of the fir￿4￿1 stalen￿nIS to ￿ reythed. MicholAs Cunningham FCCA Rctjson Laidler Accountants Linited Fernwood House Fèrnwood Ro*1 Jesmond Newcaslle Upon Tyne Tyne and Wear NE2 1TJ Daied.. .S.-..la.:L42S... 16- THE NEWCASTLE CENTRAL AND EAST CIRCUIT OF THE METHODIST CHURCH STATEMENT OF FINANCIALACTivrriES FOR THE YEAR ENDED 31 AUGUST2024 Curr•nt year Unrestrkted Restrlcted Endowment fund¥J funds fund 2024 2024 2024 Total Total 2024 2023 Donats'ons and legacies Other tr&ain9 actpiities Investments 649.307 6.475 136.817 3.317 652.624 6.475 136.880 717,462 6,224 .018 Totsl in¢ome •nd èndowments 3.317 795,979 818,704 Ex nditur• an.. Raising lunds 15 21 21 Charllable aCt￿ltIeS 727.256 727,765 636,095 Total r•sourc•s •xp•ndod 727.271 727,786 636,118 N919?in￿lIo￿Q3} on 262.074 187 262,261 {32,2051 N•t mov•m•nt In funds 327.402 244 330.454 15r).383 Fund b818nces al 1 Sept￿ber 2023 1.963.512 12.041 2,149 1,977.702 1,827,319 Fund balanc•s at 31 August 2024 2,290.914 14.849 2,393 2,308.156 1,977,702 The statement ol financ¥al adi¥ities inthdes ajl galns and k*ses r8cogni$wJ •1 year. The statemenl of finanual aclNibes inthd￿ ￿1 ￿1fts and k>sses rwnised li year. AH i￿)rne and expeThJiiure derive from C￿lI￿Ul[￿j aGb'vth& 17- THE NEWCASTLE CENTRAL AND EAST CIRCUIT OF THE METHODIST CHURCH STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Prlor finanelal year UnY•strktsd Rèstrlct•d Endowmont funds lund8 funds 2023 2023 2023 Total 2023 Income from: Donations and legx Olhèr Iradlng aclivillés Investmerbts 476.758 6.224 28.322 240.704 717,462 6.224 95,018 66.632 T¢>tal Intome and endowm•ntS 511.304 307.336 818,704 Ex ndltur• on: Raising funds 15 21 charrtab￿ activitie5 599,235 36.860 636,095 Totsl r8sourc•k •xp8nd•d 36.8eA) 636.116 Ilel gainslllossesl on Investments 12171 {31:9291 {591 {32,2051 N•t Sncomlng r•sour¢•s b•for• transf•rs 188.163 238.547 150,383 Gross translers bel*Een lunds 1.938.303 11.598.179) 11241 N•t m¢>vgrngnt in fund 1.$10.140 11.359.632) 11251 150,383 balances at 1 Setrtember 2022 453.372 1.371.673 2.274 1.827,319 Fumd balane•s at 31 August 2023 1.963.512 12.041 2.149 1.977,702 Th8 statement of fina￿￿￿ adiviies incAkles all g*is •KI losses rwnised in the year. The staiement of financlal aetivdles rnehAes all gans and losses recognlsed in the yew. incLvne aThJ expenthlure derive Irom conllnuing actiwb"8s. 18- THE NEWCASTLE CENTRAL AND EAST CIRCUIT OF THE METHODIST CHURCH BALANCE SHEET AS AT 31 AUGUST 2024 2023 Not•¥ Flxed as*ets Tangible assèts Investrt￿nI woperties 12 11 272,26 240,Iy)o 309,585 $12,260 309,585 Curront a##•ts Deblors Inveslrypnts Cash at bank and in haryl 13 14 9.539 783.9J3 1.056,185 17.063 727,234 929,594 1.849227 1,673,891 Credft¢xs: amounts tslllng duè wlthln on• y•ar 15 1$3.3311 15,774} Net current èssets 1.795.896 1.668,117 Total a¥¥•t¥ le•¥ ¢urr8nt li4bilili•¥ 2.308.1 1,977,702 Capltal funds Endowrnent funds- gen￿ Ineome ￿ndS Restricted funds 2.393 2,149 18 14.849 12,041 DeSi￿aled funds General unieslridwj fuThJs 19 1,634.684 ,230 1.522.391 441,121 2290,914 1,963,512 2.308.156 ' 1,977.702 Th& fin "d stat8mants warg awxoved ty the Trusleas ￿ .. ILL0￿(￿￿) R•v A Wilkinson - TfUSt•• 19- THE NEWCASTLE CENTRAL AND EAST CIRCUIT OF THE METHODIST CHURCH STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2024 2024 2023 ¢4sh flows from DP8rating activitie Cash (absorbed byligenerated from opera1￿$ 26 110.2811 100,446 Imi•stlng #etlYltl•s Proceeds from disrxjsal of inVestr￿nts Inveslmenl income roc8N8d 181 136.880 95,018 N•t cash generat•d Irom Inv•stlng a¢tlvltle$ 136,872 95,OZ3 Fknanclng a¢tlvltles Payment of finance ￿Se$ otAigats"ons 13.2971 Nèt eash us•d In Ilnartelng #ctlvltlo# 13.2971 N*t InereJ¥e c•3h and cJ¥h equr¥Jhnts 126,$91 192.172 Cash and cash ewivalents at begminww of year 737,422 Cash and cash •qulval•nts at •nd of y•ar 1.056,185 929,594 20- THE NEWCASTLE CENTRAL AND EAST CIRCUIT OF THE METHODIST CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 A¢¢ounting polici Charlty Informatlon The Newcast￿ Central aTrJ East Cwr#Jit of Ihe Mgfvjist Chjwth i¥5 a ￿￿KolF￿led clwrity (ch8dty n￿Trber 111342651. 1.1 Aecountlng convention Thè financial ststements have be8n rKeparod in acc(￿¢* th8 charity's goveming d0￿MeThI. thè Charitios Aci 2011 and 'A￿n￿rt9 and ReF*J1ing by Chantses.. &atemenl cl Reccrfnmended Practice applicable lo Charl￿ preparing thew accoLH)ts in ￿cOrd￿￿e with t*￿ FIn￿￿ra1 Reporting Standard apph"table in thè UK and Repubhc ol Irèland IFRS 1021 loffacliva 1 January 2019)". The charily is a Public 8enofft Entity as defined by FRS 102. The finanLi81 staten*nts we prep*ed in stediThJ, the fwKtK#W ￿rre￿ of thg chan"ty. VKJne¢ary aM￿nIS fft Ihesè financjal slat8m•nts are round•J lo th• nBarosl £. Tho linanaal slate¢nents have be￿ wep•&J Ihe Nslorical ttst ¢M¥enti￿. The k¥inclpal acfxwntlng ptslickgs al0FbI￿ arè sèl Wow. 1.2 Going conc•fll Al the time of appromng the fin8nck4 slatefftent5. the trustee5 have a roason8L4e eXpKtaIK￿ that Ihe charily has adoquato resources lo continue in oFvat￿n31 exisience fc* Ihè lorèsÈÈablÈ fulure. Thus trusteos t¢￿￿nut ￿ adopt the wn9 concem basis of accounb.ng ￿ prew'ng the lir￿la1 stalements. 1.3 CharStable funds UnfesLrKted fl￿d5 are avail*)l? f¢Y ¥t th¢ trustees in furtheran￿ d Iheir chaniaiye objtr¢tives. Restricted funds are s*cl kn speofK condrtwJKry ty ¢kJror5 or grantors 83 to *KW th¥y b¢ used. The purposes and uses of the 18Stri￿ fLwvts aro set c#Jt in the Th)tes to Ihe finaniial statenients. Endowment fvnds su*'e¢t Its spcth cc#xl*￿nS by domvs that the capital musl be maintained by the chafhy. 1.4 Incom• Inc(xne is recognised when the thanty ts Iwty enb.tlad to it after any ￿￿Orn￿nCe CLYhdit*￿s have been mè( tho amounts can be moasuroJ r¢h'a1￿y. wxl it i¥ probabk thai vKome ￿11 be receNed. Cash donat￿￿5 a￿ recogni$￿1 on receipt. l]her ¢Jonats￿s are recogntsed ¢y)ce the ¢harity has been notifi8d of the donats"on, unless pertom￿nCe c(xN*"tK¥is require dglerral of the amount. Incryno ta¥ rocoverable in relatKin to donati￿8 &ft A#J or de¢d¥ of is recoynised •t ihe time ol ihe donalion. Lggacig$ aro rwised on rocoipt or olherwise rf the dw.ly h8s been n￿ried of ￿ Um￿ndIng distributs"on. the afflouni is kntr￿n. and rec￿pt is expecled. If Ihe is rnt kr￿￿n, the legacy is Irgaled as a conbngelll a5seL 1.5 Exponditur• a￿.11￿"eS ¥e retCM3nL%Èd as ÉxpÈrMSlurÈ as soon as Ihèré is a Wl or c(wtslructNe 0￿19ation conMINtling the charity 10 Ihal expen(Jiture. it Is probable that a Iransler of Ocon￿nIG bcnofi15 W￿11 be required in selllemenl and the atpounl ol the obh"galion can be measured reliab￿. Ex￿￿litU[e is accounled lor on an accruals basis and has been ¢lassifod under headws ih8t aggregate ￿1 cosl rèPdlÈd to Ihè eatèg¢xy. Where costs cannot be d1￿CuY atiributed to p￿t￿mar headw ttw have tr￿en al￿￿ted lo actswti?s rm a basis C3)n$￿tent with ihe se of F¢8ou¥ce5. 21 THE NEWCASTLE CENTRAL AND EAST CIRCUIT OF THE METHODIST CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Accounting poli¢i•5 IContinu•dl 1.6 Tangible fix￿ a¥s•ts Tangible fixed assets are in￿'al￿ measured al cost subsequenty rneasvred at cost or vabjation. net of deprec41lion and any wnpalM￿nI ths&s. DepferAation is ￿er￿nIsed so as lo ￿118 off th8 (x￿t Vakn1￿ of ass0ts18s5 their resklual values over Ih•l¥ uselul lives on the Idbwlng bases.. Freehold land and buihliN Comwt8rs straI￿t lin over 100 years SIra￿ht l*ie over 3 years The g8in or 1053 8Ti3ry on th? ilisposal of an a53el i¥ detgrnwngd H¥ tho between the ¥al prcKeeds and the carrying value of the asseL is recognise(l ifi the slalerwi of financial ac11￿tIes. 1.7 Investment propertles Inveslment Fryerty. ￿lch is ￿￿OpertY heky to eam renta15 and1￿ lor CaFMtal apprecialion. is Ir￿lia11Y reco9nised al eosl. vh)ith indudes the wrchase Lx)st and any dlreclty attributable expenditLre. Subsequently 11 Is measurèd al lalr valve at the reportw)g Ènd dale. surpkjs ￿ defiut on revaluati(x) is rè¢ognised in Pr￿lt or bss. 1.8 Impalrn*nt of flxed assets At eaGh reporting end date, the charity rewews the carryiw of its tangiLle as5els lo delerrnine whether there is any indica1K￿ Ihal ItrK)se assets havg suffered an imp?4nnent k)ss. If any Such inttication ex15ts. the rec4)verabk ¥nount ol Ihe astst k4 esWmÈt&J in order io detem¥ne Ihe extent of the irryayment ss lil any). 1.9 Cash and ¢a6h •quival•nts Cash and cash equivalents Gish kn hand. derwi8 at (ai *llh b¥nks. other short4èm Ilquld investments wth or￿l￿al maturities of three months or le&8. and bar* overdrafts. Bank overdraft5 are shown wilkm'n bwowwvJ8 in Gwent laix"lities. THE NEWCASTLE CENTRAL AND EAST CIRCUIT OF THE METHODIST CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Domtlons and legades Unrostrict•d Rwtrid•d funds Total Un*estriL*I Restrided fLThIs Total 2024 2024 2024 2023 2023 2023 Dwaticffls and gft8 sSess￿EntS Grants receivaLqe Administration Other 155 358.255 155 358.255 363.123 10.OCKI 84,454 19,181 363.123 12.815 IN.434 241.0 2,815 15,980 221,909 79,402 211.495 3.317 82.719 211,495 649,307 3,317 652.624 476,758 240,704 717,462 othor InckJde(l in Olhef inrA>me is a £182.(XH) in rela11c￿ to a refl￿ of a rKg¥k)us contribution I￿ardS the pgnsion lund deficit. Incom• Irom charitabl• activili•s Unrestrltted funds 2024 Unrestrlcted funds 2023 Oth•r trading aetiviti•# Br￿[9 & telephone incoff s￿dry ￿cOMe 6,375 100 5,996 228 6,475 6,224 kn¥estrr Llnrostrlct•d EndDwnwnt funds funds gèneral 2024 Totsl T(tsl 2024 2024 2023 Rent81 inec¥ne come from unh.sied Thiestments knterest receivable 45.333 22.178 27.5117 21.749 58.224 21.749 58.287 63 136.817 63 136.880 95.018 THE NEWCASTLE CENTRAL AND EAST CIRCUIT OF THE METHODIST CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Expond￿ule on charitable •ctiviti Charitablè act1v￿l•S 2024 Charftablè actl¥lllèx 2023 Staff costs DeprecialIc￿ aTh1 iryJain)8nt Gifts and donatkins Assessments Travel Repairs and property costs Connexirffwl fijnd Pulwi supply The Holy Blseult costs Hand in Hand c051s 329.979 3.325 1.230 109.065 12.405 88.377 326,260 3,665 628 98,290 13,786 66.761 376 2,025 82,426 8,639 109.097 7.625 663.107 602.856 Grant fLmding of actrvitl8$1$09 61 24.781 12,652 Share of support and governance costs (see note 7) Supp)rt Governance 21.700 18.177 15,662 4,925 727.765 636,095 Analysis by fund Unrestricled funds Restricted funds 727.256 509 599,235 36,860 727.765 636,095 24- THE NEWCASTLE CENTRAL AND EAST CIRCUIT OF THE METHODIST CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2024 Granis payable Charitabl• acllvltles 2024 Charitablg activities 2023 Granls to insllulk)rk4= Tnnity Chrtsty"8n CuI 2006 the pigtThses wgre iented tQ Varkous ¢rganisations including a local radio station. By 2009 Ihere was a prowsal ￿ sell Ihe site but Re¢d Rob Hawkins in eonsuiiaiion wth k)ca buynessman Ramy Zac. woposed a i&Jical SuggeSt￿)n to develop and arts expression ol ChurGh, a f¢)rwn ol Fresh Exwe55+0n5 of CIKuch. ugng the premises. Mr Zac said Ihol he would ¢arry ou( al &4)er68, a mw refurbishrr*nl and Rob %w>uld sel ￿ ¢he organisaikin of VA￿1 quick became kncpwn as The &"scuit - it ￿"ThJ opposiie Ihe Bis(JJFt Factory art galkry. Unlil recontly il ha5 oporaled a5 a sepa¥ate fvThJ. bjt it is now felt that Tt skvjuld be an internal oryanisalion of the Circuit. *hich 'owns' 11. The project has gllmfn and reLewes svJnific&)t Irom the Melts)di%l connex￿al grants committee and Is seen as an integral part of trje arts scenè in NertaSI￿. Th￿8 are links to both unNersitw in Newcastle and (he one in SunderlaThY as WMII as the Ousoburn arts COfNnunity. The Holy BisGuil is now reaching Out to the k)cal coMML￿My. schctls olher churches in sh￿￿r￿ld. As well as w0V￿l￿g gallery spacè. the premises a￿ well use(l. lor exanple. pamb.ng lor fun IWOfknn9 With tr￿$9 have hOa￿h This lund represonts fur¥ts Ihal have bo￿ set aside Icrf use al thB disUOtK)n of the Doxorb aTrJ had bBen exhaus￿d durin9 the y¢ar. Tho Daar￿ This fu￿1 r¢pr¢sents NkKl¢l Trust lunds tr#nslwr&J frLKn Ihe fovmer IAenKxial Methodlsl Church. the capital income trom whlch can used ai the th$Cre￿ of Deacon. The Dixon bequests This lurKI reyesènls Nkxlel Trust lunds tran$l8fr8d the fCth￿r Ajlen IA•mrfal M•thodlsl Church. th& income frcAn whkh can bè us•d xt IP* dIsc￿M)ft thl ihe Dfr￿n and capital may be used with certain restrith'ons. 31 THE NEWCASTLE CENTRAL AND EAST CIRCUIT OF THE METHODIST CHURCH NOTES TO THE FINANCIAL STATEMEp￿s (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 22 RoStrlctBd and 8ndow1r￿1 funds Restricted Fund è Doris Nuttal be uÈsi This fund represents donated to the Cwr#Jrt, in pYactTh used to Ffftide the repair and refurbsshmnl of the Trlnity Christian Communlly Centrn. The fLThJ Is hekl In cash. The Pro Fund Thls lund represenls lunds relatlng lo Ihe sa￿. lelting or olher dlswstth)n of land which Is Qrcuil propwty. Thè atjthority to sancts.on schèmes thè appkatK)n of caprtal money in the lurkd resls with the Circuit meeting. sthiecl to aFvoval by the Synod. The fwKI represent￿ ty in¥Estments and or cash. hieldf1eld Art Works Al The Ho BIs￿rt Shieldfield Melhodi51 Churth ck>sed #s L(￿31 Church ty Sot¥ety. In about 2006 premises were rented lo Var￿￿S orgarwsakn'on5 i￿u￿l￿g a bcal radio sta1￿. By 2009 thefe was a propos* to $911 th9 Slto but Rwd Rob Hawknns in consultabon wilh kKal businessman Ramy Z￿. propDsed 8 rxdtsl sug9èStk)n to develop 2nd arts expression of Church. a lomi ol Fresh Expressions ol Church. uS￿g the premises. Mr Zac said that he would carry out. al his expense. a rna1￿ re￿rb￿hrnen1 arKI Rob would sel up t1￿ organisation ol what qusthly bocame known as The HCAY Biscuit - rt b￿ng opposil¢ the Biscuit Factory ￿t 9allery. Unb"I receftlly Il h8S operaled as a separate tvnd. bul it is now fett Ihal it shouhj be an internal organi5a1￿ ol the Circuit, which ¢)wns' it. The project has grown aThY now Tecwves syNficant w￿15. 50rne of whith are restricteil. frryn the Metho(ths1 Connexbnal grants commSttee and is seen as an integral part of the wts S￿ne in Newc8sUe. The￿ are links lo both universities in Newcast￿ and th8 one in SutMl8rtand as well as the I￿$0bUM arts rA)mrwnity. Th8 Holy Biscull 15 reathing cxrt to the kKal ccrfnmunity, schty)ts a￿1 othèr churche$ In Sh￿￿fIeld. As we11 as p￿VidIng gallery space. the prem¢ses a￿ well used, for example. painting ILm Iwothng ￿th Ib)se who havè health Pfoblemsl, schorAs work and churth wrth a differenc8 mhl-w88k seNc8s. Endowment Fufxls The Susannah Gibson Memorial Fund Thi5 fund represents MC￿leS kft to the chLYch In 1880 by Ihe lale Susannth Gknson. the ineiyff* from whlch can be used Yor Ihe sustenance of we5￿Y8n ￿￿￿sI￿s.. The WR Dlxon Glft This fund represents Model Trust lund5 from the f¢Ther Alen Mernorial Melh¢xlist Ch￿￿ arKI is u$8d at tho discrolion of the deac4)n. 23 Tr•nsf8rs Transfers ba￿een restrtted and ￿￿$trict￿ roserves relate to r@str￿￿c￿S rn k)w8r apFlifjd io the Prorffjrty Fund. Th8 bal¥rte ￿ IIKS lund h•5 iransf8rreil ￿ a de*naied fof use wilhin the Newcasle area. 24 Related party transadlons There weTe no disck)sabSe rnlat8d pty transaclbTh durwvJ yow12023- n￿￿>. 32- THE NEWCASTLE CENTRAL AND EAST CIRCUIT OF THE METHODIST CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 25 Analysis ol net a55ets betW￿n fund Unr•strleted Restrleted Endowment lunds fvnd$ 2024 Totsl Total 2024 2024 2024 2023 FurKI balan￿$ * 31 A￿aLIst 2024 are represented by.. TangiNe assets Investmènt propwb'gs Current a95e1￿{li8t1I[1￿sI 272.260 240.000 1.778,654 272,260 240.0 1.795,896 14.849 2,393 1,668,117 2,￿).914 14.849 2,393 2.308.156 1.977.702 26 Cash generated from operations 2024 2023 Surpkjs lor th& y8ar 330.454 19),383 Adjustrr*nts lor. Investment in(L¥ne recwxsed in stalemenl of acbvitie8 Fair va￿0 gain5 and losses on nvestrn8nl woparbos Fsir va￿e gains and losses oft wiyesunents DoprÈuabon iryaim*nt of taNJitAè fixed assets 1136,880) 1206,000) 156.261) 3.325 {95,018) 32,205 3,665 m￿ementS In wovkbYJ capitap. Decrease in (Jebtors Increase in ueditors 7,524 47,SS7 8.575 636 Cash (absor￿ byyg•n•rnt•d from 0￿•150￿6 110.2811 10D.446 27 Analysis of chang•s in n•t funds The ¢harSty Iwd maleiial dgbl (￿￿1￿) Ihts year.