2024-08-31-accounts - West Somerset Methodist Circuit

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

CIRCUIT RECEIPTS AND PAYMENTS ACCOUNTS THE METHODIST CHURCH STANDARD FORM OF ACCOUNTS West Somerset Circuit FOR THE YEAR ENDED 31 August 2024 Ptymouth & Exeter District Circuil no 24r25 Registered Charity - Charity Registration number 1134273 If not a registered charity His Majesty's Revenue and Customs Gift Aid number (rhe HMRC number is equvlalent to a registered charity number in temis of evKlence of eharitsble status and may be used to gtve to donors or grant fundets whIng to see emdence of the organrbab'on's charitable ststus. Methodist ch8t*es in England and Wales that are not regstsred chatibes are excepted from registration under Statutory Instrument 2014 No242) Ministers: Rev. Andy. Day...__. Rev. Chloe Jones Circuit Stewards: Daphne West Luntil March 2024L ctive LOhU Rev. Jane SperriL_-.------.-.--._............ ......... Clive WooldFid Treasurer. Timo ecock ar

ACCOUNTS FOR THE YEAR ENDED 31 August 2024 Circuit CbreI Tirtal$ SECTION A FwKIs FuThJ$ a1 RECEIPTS 82 Assessmenushare 111.500 117.750 a3 a4 Ca Ital recei ts Bank and CFB interest and Investmènt ineome 4.637 10,5B5 52 15.274 10,351 a5 Grants 3,288 13.465 21.061 Other receipts TOTAL RECEIPTS 1,967 15,432 13,038 a7 132,8 10.S8S 2,019 145,494 162,200 SECTION b1 b2 PAYMENTS stipends. salaries, NIC, Pension and travel costs 94,057 17.237 111.294 75,090 b3 Manse Costs 17,974 18.216 19,479 b4 Administration etc 17.315 25.492 13,836 29,814 b5 District Assessment 8,368 33.860 b6 b7 Grants & donations 2.500 10,000 2.727 15.227 13,300 b8 Other payments TOTAL PAYMENTS 5,247 2.038 7,285 203,856 6,390 157.909 b9 162.585 38.541 2.730 Ib91 SECTION C NET RECEIPTSIPAYMENTS FOR THE YEAR c1 a74)9 29,695 27.956 711 58,362 4,291 c2 Total funds brou ht forrd from last ear 116.576 216,373 5.135 338.084 333.793 c3 Sub total c1+c2 86,881 188.417 4.424 279,722 338.084 Transf8r5 and ad"ustments 2,500 2.500 TOTAL FUNDS AT END OF YEAR {c3+c41 84.381 188.417 6,924 279.722 Ic81 338,084 SECTION D FOR INFORMATION ONLY.. MONEY RECEIVED AND PASSEO ON TO EXTERNAL ORGANISATIONS these amounts should not be Iluded in total recei d1 Balan¢e brou ht forward Irom last ear 410 1,392 d2 Offerin sIGifts - receNed lor external o anisations 587 444 d3 offengsIGIfts - passed to extemal organisations BALANCE STILL TO BE PAID d1+d2-d3 997 1,426 410 d4 ¢Weuit.r_•nd2O24

Clrult SECTION E this Summaryofthe Qrcuitaccourtsl¢rilxyearerthd 31 AuOJs12I4 arKJ (ganS rwtirs bthe CwrJJit Meabw. WÈlhatthEfund5 ofan Intemal Orgar4sati0nYK1 rhyrnalty ReStrd lun(& Un&cld darty shM) th31lWcoukl be wedforany Meth$t WryX>se ThissoGtion INTERNAL ORGANISATKJNS 8oss 870 e2 t5 ¢7 Sub lotai ol Iernal Or0atnsfUrXts e8 11.427) 2A91 1,064 lel Ctrcuitaccounts Itots bvoughtfot?rd froth Page 2-totsts co14111 ¢9 145, 168.3621 338,084 279,722 HELD gY¢IR¢UIT 146,53Y 159.7891 280.786 ConiiDue w a sepaiate set If ne¢essw and nno itte totals IMva( TOTAL RÉe&pTS TOTAL SEcnoN F ST EFAENTOF AssEESAt UA8ILrrÉs OPEN CLOSING BALANCES CIRCUTh.eASH FUNDS HaD 131 August>)24 Ch In ankcutrert AccoL r4 Cetrtrtl 113469 216373 188.948 t6 rrhr SUBTOTAL 279,722 Ic8) Tiqal t$ hekl ty bwr1QFgE1¥ baL7n¢etOMkg•Yty4el le12) 2.491 e12 TOTALCASM FVNDS HELD BY¢IRCbJlT 340,576 280.7g6 SECTION G OTHERASSETS and UABIUTIES tmentS Bulk herAsws 429 [4 Ild&<FundS *t 3(4$

Name of Circuit ...West Somerset Methodist Circuii........ No 24r25 Declarations and Scrutiny I confimi that these Receipt and Payment based accounts for the year to 31 August 2024 have been prepared from the records of the Circuit and that they include all fjJnds under the Control of the Circuit meeting. Signature of treasurer ......... Date.... Name and address of treasurer, Tim Hedgecock, 3 Mount Royal, Weirfield Road Post Code TA24 5QF Minehead, Somerset.............. Presentatlon to the Clrcuit meetlng I confim that the annual report and accounts for the year ended 31 August 2024 wereAvill be" presented to the Circuit meeting held on . Signature of the Chair of the meets.ng Name of the Chair of the meeting Date . Independent Examinerfs Report to the Trustees of the West Somerset Methodlst Circult Charlty Number 1134273 Responsibilitles and basls of report I report to the trustees on my examination of the accounts of the . Circuit lor the year ended 31 August 2024 set out on pages .1. to S As the Circuivs trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act,). I report in respect of my examination of the Circuirs accounts carried out under section 145 of the Act and, in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. delete or cirde as appropriate r¢Uit-r_and2o24

Name of Circuit . West Somerset Methodist Circuit No . 24125 Independent Examinerfs Ststement I have completed my examination. I confirm that no material matters have come to my attention in connecb'on with the examinakn'on (olher than that disdosed belovf) which give me cause to believe that in, any material respect.. the accounting records were not kept in accordance with section 130 of the Act; or the accounts do not accord the a¢UntIng records. I hav8 no concems and have come across no other matters in connection vth the examination to which attention should be drawn in this report in order to enable a proper understanding of the acwunts to be reached. 14*llhave not. obtained independent verification of all investments with the Trustees for Methodist Church Purposes or held in other trusts, bank balances and funds at the Central Finance Board of the Methodist Church which are individually in excess of £10.000 (ten thousand pounds) at Ihe balance sheet date. Signature of independent examiner Name of independent examiner Relevant professional qualffication crf independent examiner Name of fim) (where appropriate) Address 4........NI.DD6ts f6¢.'L7TQIJ........................................................ Post Code Date delete or circle as appropriate circuitq and2tr24

CIRCUIT RECEIPTS AND PAYMENTS ACCOUNTS THE METHODIST CHURCH STANDARD FORM OF ACCOUNTS Circuit FOR THE YEAR ENDED 31 August 2024 Ptymouth & Exeter C1Ult no 24125 Re9iSter•d Charfty- Charlty RegIstrti number 11342n If not a rg3iStered charty Hrs Revenue and Custt)ms Gift Aid number he HMRC number E Équival8Ytt to 8 registered ¢har1 numb&r in terms of witten of chaTrtable slaths and may t used to gfve lo donors or grant funders hIng to see evKlence of Ihe otganisalwjnb charilable status. Methodist chartss in EnglaTrJ and Wales that 8re not registered chartses are excepted ftom registration under St*utory Instrument 2014 No.242) ni5ters: Rov. Chloe Jonss Circuit Stewards: ne West unfl March 2024 Rev. JaF4e Spe CINe Wooldrkl9e Tre8wJrer.

Accoumfs FOR THE YEAR ENDED 31 August 2024 West Somerset eircuit Clrv Totals l&t SECTION A a1 RECEIPTS Assessmenushare 111.5(Y) 111.51YJ 117.750 ttal recèi ts Bank and CFB interest and Investment Income 4.637 10.585 15,274 10.351 Grants 3,288 21.D61 a6 other reipts TOTAL RECEIPT5 13.465 1,7 1019 15.432 13181 lo85 145.494 {a8) 162.200 SECTION B b1 b2 PAYMENTS Sllipends. salanes, NIC. Pen0Th and travel costs 94.057 17.237 114394 75,090 19.479 13,836 29,814 13.300 b3 Manse Costs 17.974 17.974 Administration etc 17.315 18,216 b5 District Assessment 33,860 Grants & donations 10.000 2.727 15.227 b7 other payments TOTAL PAYMENTS 5.247 2,038 38.541 T,285 203.856 8,390 b9 182. Ib91 157,909 SECTION C NET RECEIPTSIPAYMENTS FOR THE YEAR c1 a74 29.695 4.291 Total funds brou ht forward from lasl 116.578 218.373 5.135 338.084 333,793 Sub totsl c1+c2 86A61 1W417 4A24 279.722 338,084 Tr8nsf8TS and 8d ustrnents 2.500 TOTAL FLINDS AT END OF YEAR Ic3c4 84381 188.417 6,924 279.722 Ic8} 338,084 Ic6 SECTION D FOR INFORMAMON ONLY: MONEY RECEIVED AND PASSED ON TO EKfERNAL ORGANISATIONS tIEe5e amounts shouki not bÈ hnclhmled in total tslp¥ywnts above) BalartcÈ bro htforard from last 410 d1 1.392 d2 otferin sIGtfts . re¢enAl fo¥ oxtemal o OffenngslGffts- passed to extemal organisations aftisat 587 444 d3 997 1,425 410 d4 BALANCE STILL TO BE PAID d1+d2-d3 2LIS

Cha ¢7 11.424 11 pa4e2-t&tsts calumn) 338,084 2BD.7B6 PAYIIEMTS SECnON P CLOSING aALJJICES 113 2t&3TJ 1948 r6 $U8TOTPL 279,722 Ic el 340,$7S At

Name of Clrt ...INest Somerset Mettiodist CircuiL........... No 24r25 Declarations and Scrutiny I confirm that these Receipt and Payment based accourrts for the year to 31 August 2024 have been prepared from the records of the Circuit and that they indude all fijnds under the control of the Circuit meeting. Signature of treasurer ...... Name and address of treasu . rim Hedgecock. 3 Mount Royal, Weirfield Road Minehead . Somerset.. ..... . Post Code TA24 SQF PTesentation to the Clrcult n*ing l u)nfimi that the annual report and accowtts for tha year ended 31 August 2024 were7 presentsd to the Circuit meeting held on ................. Signatur& of the Chairof the meeting ... ... ....... Name of the Chair of the meeb'ng Independent Examinèrfs Report to the Trustees of the West Somerset Methodlst Circuit Charlty Number 1134273 Responslbllltles and basis of Yeport I report to the trustees on my examination of the a¢Unts of the ....... . .. Circuit for the ye8r ended 31 August 2024 set out on pages .1. to 7 As the Circuiys trustees, you are responsible for the preparation of the aUnts in accordance th8 requirements of the Charities Ad 2011 {'Ihe ACY). I report in respect of my examination of the Circutvs accounts carried out under section 145 of the Act and, in carrying out my exaFrllnation. I have follovRd all the applicable Directions given by Ihe Charity Commission under section 145(5)(b) of the Acl. . delete or cirde as approwate ¢trUJ14_¥dlO24

Name of CiFruii .' West Smrset Meth(¥Jisi Circuit No . 24r25 Independent Examinefs slatennt I have completed my examination. I corffirm that no material matters have come lo my attention in connection with the examination (otrEr than that disdosed belo) which give me cause to believe that in, any matsrial respect the accounting records WEre not kept in accordance with section 130 of the Act,. or the accounts do not accord the aco)unting records. I have rK) concems and have come across no other matters in connedion with the examination to which attention should be drawn in this report in order to enable a proper urKJetBtanding of the accounts to be reached. 14wIWhave not. obtained independent vertfication of all investrnents with the Trustees for Methodist Church Purposes or held in other trusts, bank balanS and fijnds at the Central Finance Board of the Methodist Church which are individually in eXsS of £10.OOQ (ten thousand pounds) at thè balan sheet date. Signature of indeperxlerrt examiner Name of irKlependent examiner Relevant professional quaitfication of independent examiner ..... .... . . Name of fim) (where appropriate) Post Code Date delete or cirde as arprDpriate ¢Ul1-Y andts-2WI4

Cha ¢7 11.424 11 pa4e2-t&tsts calumn) 338,084 2BD.7B6 PAYIIEMTS SECnON P CLOSING aALJJICES 113 2t&3TJ 1948 r6 $U8TOTPL 279,722 Ic el 340,$7S At