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2022-08-31-accounts

CIRCUIT RECEIPTS AND PAYMENTS ACCOUNTS

THE METHODIST CHURCH TRUSTEES ANNUAL REPORT AND STANDARD FORM OF ACCOUNTS

NEWARK AND SOUTHWELL FOR THE YEAR ENDED 31 AUGUST 2022

Circuit

NOTTINGHAM AND DERBY District Circuit no 22/26

Registered Charity - Charity Registration number 1134276

If not a registered charity Her Majesty's Revenue and Customs Gift Aid number

(The HMRC number is equivalent to a registered charity number in terms of evidence of charitable status and may be used to give to donors or grant funders wishing to see evidence of the organisation's charitable status. Methodist charities in England and Wales that are not registered charities are excepted from registration under Statutory Instrument 2014 No.242 )

Ministers:

Rev Nathan Falla

Rev Peter Bates

Rev Peter Hibberts

Circuit Stewards:

Mrs Ann Lyne (retires 31.8.22)

Mrs Jill Meakin

Mr Stephen Dando

Mr Geoffrey Ayers (treasurer until 30.4.22)

Treasurer:

Mr Andrew Trowbridge (from 01.5.22)

NEWARK AND SOUTHWELL METHODIST CIRCUIT YEAR ENDED 31 AUGUST 2022 INDEX

Pages
Trustees Annual Report 1 - 4
Receipts and payments account 5
Statement of assets and liabilities 6
Notes to the accounts 7 - 11
Declaration and Independent Examiner's report 12-13

NEWARK AND SOUTHWELL METHODIST CIRCUIT YEAR ENDED 31 AUGUST 2022 TRUSTEES' ANNUAL REPORT

The trustees of the Newark and Southwell Methodist Circuit present their report for the year ended 31 August 2022.

Introduction

The Newark and Southwell Methodist Circuit covers Newark, Southwell, Collingham and surrounding villages. It is now made up of 10 Methodist churches following the merger effective from 1[st] November 2021 of two churches Barnbygate and Hawtonville to become Hope Community Methodist Church. The circuit provides staff support and leadership to the churches that make up the circuit.

Aims and organisation

As Methodists, we seek to enact the calling of the message church, as we through worship, seek to increase awareness of God's presence and to celebrate God's love. We share together to help people to grow and learn as Christians through mutual support and care as we strive to be good neighbours to people in need and to challenge injustice and we witness eagerly to make more followers of Jesus Christ.

Review of the year

The circuit income is primarily drawn from the assessments paid by the circuit churches. It is intended that the circuit ministerial team will decrease to two members from 1 September 2023 in which case it is likely that one of the three manses will be sold.

The total funds of the circuit fell by just over £35k in the year. The main reason for this has been the provision of support for the churches which would otherwise have faced substantial increases in assessments. The circuit has also made a contribution of £5k to the pension reserve fund (see below) and has provided financial support for two churches to enable them to employ lay family workers.

Pension Contribution

The Methodist Church at its conference in June 2021 agreed to request voluntary donations to cover the shortfall on pension funds which in turn cover a shortfall on the Ministers final salary pension scheme.

The circuit made a contribution of £5k to this fund in the year.

COVID impact

The churches of the circuit have been impacted by the inability to have corporate worship for long periods with some loss of collections, a reduction of congregation and loss of income from lettings. Although, overall giving by members was impacted, the widespread use of giving direct from bank accounts that has become part of church life ensured this was moderated.

Churches met their assessments for the year using their reserves where needed. The Methodist Church policy is to use church reserves for this purpose before recourse to using circuit reserves.

God in love unites us

The Methodist Church at its conference in June 2021 agreed to allow Methodist churches to register for same sex marriages. This has been a matter for local church councils to decide.

Trustees annual report on finance and governance

Legal framework Name of the charity: Newark and Southwell Methodist Circuit Charity registration number: 1134276 Main communication address: Circuit Administrator c/o Hope Community Methodist Church, Barnby Gate, Newark, Nottinghamshire, NG24 1PX

1

The members of the Newark and Southwell Methodist Circuit Meeting are the charities trustees, membership being made up of circuit office holders ministers and representatives appointed by the local churches.

A full list of the membership is shown below:

List of Trustees

Ministers in the Active Work: 20. Sue Watson 1. Revd Nathan Falla 21. Dave Watson (Superintendent and Chair of the meeting) 22. Ian Mathews 2. Revd Peter Bates 23. Jonathan Pepper 3. Revd Peter Hibberts 24. Mel Watson 25. Lyn Blundy Circuit Stewards: 26. Carol Strowger 4. Geoff Ayers 27. Jackie Yeomans 5. Stephen Dando 28. Owen Yeomans 6. Muriel Lyne (resigned 31.8.22) 29. Lucy Silver 7. Jill Meakin 30. Marcus Silver 8. Andrew Trowbridge (appointed 1.5.22) 31. Ray Atkinson 32. Colin Jackson Circuit Meeting Secretary 33. Ted Gascoyne 9. Nick Fairfax 34. Kathryn Wood Other trustees 35. Rosalyn Beasley 10. Jennifer Winnington Safeguarding 36. Janice Walters 11. Revd Barrie Morley 37. John Walters 12. Jan Swinney Church & Society 38. David Swift 13. Jenny Hardy MWIB Secretary 39. Eddie Adams 14. Carolyn Suter World Church 40. Jean Dando 15. Ruby Beech Local preacher 41. Ian Walker 16. Rachel Dalby Local preacher 42. Janet Walker 17. Melanie Ward Local preacher 43. Liz Boneham 18. Cathy Bates 44. Jenny Everett 19. Gill Peterson 45. Kate Pike

Geoff Ayers acted as Circuit treasurer until 30 April 2022 and was succeeded by Andrew Trowbridge from 1 May 2022.

Independent Examiner

Independent examiner for year ended 31st August 2022 is Mr Robert Evans

Banking arrangements

The Circuit bankers are HSBC. Central Finance Board of the Methodist Church and Trustees for Methodist Church Purposes.

Aims and organisation

The charities objectives to act as a resource provider within the area around Newark and Southwell and Eastern Nottinghamshire generally for the Methodist church.

The purposes of the Methodist church are and have deemed to have been since the date of union the advancement of:

2

This is achieved through the following:

Public benefit

We confirm the trustees have regard to the charity commissioners guidance on public benefit.

Structure governance and management

The governing documents for the circuit are the Deed of Union (1932) and the Methodist Church Act. (1976).

Detailed governance arrangements are outlined within the Constitutional Practice and Discipline of the Methodist church by order of the annual conference (CPD).

Day to day management of the circuit is undertaken by the Circuit Leadership Team, the Circuit Meeting and the Local Preachers Meeting.

Trustee training

A range of guidance is produced by the Methodist connexion to support the effective running of the circuit specifically the leaflet the role of the trustee in the Methodist Church which is available to all new circuit meeting members as part of their induction as trustees.

Related parties

The circuit is part of the Nottingham and Derby District and is also accountable to the Methodist Conference

The circuit consists of the following churches:

Balderton, Charles Street, Collingham, Elston, Hope Community, Long Bennington, North End, North Muskham, Southwell and Sutton-on-Trent

Risk management

Major risks are identified by the circuit leadership team who take professional advice where necessary.

Income and expenditure are reviewed regularly at circuit leadership meetings and circuit meetings where annual budgets are agreed and a review of activities undertaken.

Reserves policy

In unrestricted funds and the Model Trust Fund the circuit holds approximately one year of average expenditure. The Circuit trustees intend to continue to provide financial support to churches for mission projects and also, where necessary, to provide support for churches which have difficulty in meeting their assessments. The Circuit trustees believe there are sufficient funds, likely to be increased in 2022/23 due to the sale of Elston chapel, to secure the mid to long term ability to meet the liabilities of the Circuit. The Circuit trustees further believe that, given the current general economic outlook and the additional challenges that may give to churches to meet their assessments, the funds that the Circuit holds in reserves is not excessive.

Safeguarding

Every person has a value and dignity which comes directly from the creation of male and female in God's own image and likeness. Christians see this potential as fulfilled by God's re-creation of us in Christ. Among other things this implies a duty to value all people as bearing the image of God and therefore to protect them from harm.

Methodist Connexional practice outlines commitment to the following principles:

3

d) We vnll carefully select and train all those WFlh any responsibilty wtlhin the church in love with safer recruitment principles induding the use of ctiminal records disclosures and registration with the relevant vetting and barring schemes. e) We will respond without delay to every complaint made which suggests that an adult, child or young person may have been hatmed by cikoperating viith the police and local authority in any investigation. n We will seek to work with anyone who has suffered abuse developing with them an appropriate ministry of informed pastoral care. g) We will seek to challenge any abuse of power especially by anyone in a FK)Sition of trust. h) We will seek to offer pastoral care and support including supervision and refer to the proper authorities any member of our church community known to have offended against a child or young person or vulnerable adult. In all these principles will follow legislation guidan￿ and recognised good practice. The Newark and Southwell Circurt commtts itself to ensuring the implementation of Connexional Safeguarding Policy" govemment legislation. guidan￿ and safe prath.ce in the arcuit and in the churches. The Newark and Southwell Circuit commtls tself to a vision of support advice and training for lay and ordained people that ensures people are clear and confident about their roles and responsibilities in safeguarding and promoting the weltaie of children and adults who may be vulnerable. Future developments In May 2022 Elston Methodist Church Counal agreed to apply to the circuit to be closed. Elston has been Vulnerab￿ for many years wtth a dedining mefflLErship currently of 7 and the decision of Methodist conferen￿ to increase the minitnum number of members for a church to ￿e1Ve, meant that continuation was no longer viable. This was a￿pIed at the Circuii MeetÉng on 13 June 2022. As a Circuit we are very aware that the status quo is no longer an option arKI at the June Circurt Meeting it was agreed to fomi a Circutt Strategy Team whose remit is to develop the proposals brought forward by the Circuii ￿￿kOn Team to Pfesent a viable plan for the fuiure shape and direction of the Circuit_ This report was approved by the Circuit Meeting of Newark and Souihwell Methodist Cir￿lt on 24 November 2022 and is signed on behalf of the trustees by: Rev Nathan Falla Chair of the meeting

20ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022

Circuit

NEWARK AND SOUTHWELL

----- Start of picture text -----
Un - Circuit
restricted Model Trust Restricted Totals this Totals last
SECTION A Funds Fund Funds year year
a1 RECEIPTS Note £ £ £ £ £
a2 Assessment/Share 2 172,322 172,322 161,507
a3 Capital receipts 3 132,941
a4 Bank and CFB interest and
Investment income
777 204 981 826
a5 Grants
a6 Other receipts 764
a7 TOTAL RECEIPTS 173,099 204 173,303 (a8) 296,038
SECTION B
b1 PAYMENTS
b2 Stipends, salaries, NIC, Pension and
travel costs 4 113,504 113,504 111,925
b3 Manse Costs 5 18,725 18,725 15,895
b4 Administration etc 6 7,830 7,830 10,706
b5 District Assessment 47,504 47,504 39,377
b6 Grants & donations 7 8,150 5,000 13,150 13,986
b7
Other worship costs 8 3,307 3,307 1,036
b8 Other payments 9 2,600 2,013 4,613 41,403
b9 TOTAL PAYMENTS 201,620 7,013 208,633 (b9) 234,328
SECTION C
NET RECEIPTS/PAYMENTS FOR
THE YEAR
c1 (a7-b9) (28,521) (6,809) (35,330) 61,710
c2 Total funds brought forward from last year 179,553 72,279 798 252,630 (c6) 192,343
c3 Sub total (c1+c2) 151,032 65,470 798 217,300 254,053
c4 Transfers and adjustments 45,000 (45,000) (c7) (1,423)
c5 TOTAL FUNDS AT END OF YEAR (c3+c4) 196,032 20,470 798 217,300 (c8) 252,630 (c6)
SECTION D
FOR INFORMATION ONLY: MONEY RECEIVED AND PASSED ON TO EXTERNAL ORGANISATIONS
d (these amounts should not be included in total receipts/payments above)
d1 1,990 1,990
d2 Offerings/Gifts - received for external organisations 3,306 3,495
d3 Offerings/Gifts - passed to external organisations 5,296 3,495
d4 BALANCE STILL TO BE PAID (d1 + d2 - d3) 1,990
----- End of picture text -----

5

NEWARK AND SOUTHWELL

Circuit

SUMMARY OF CIRCUIT ACCOUNTS AND INTERNAL ORGANISATION REPORTING TO THE CIRCUIT MEETING

SECTION E Please follow the Guidance Notes to complete this page

Summary of the Circuit accounts for the year ended 31 August 2022 and Internal Organisations reporting to the Circuit Meeting. Note that the funds of an Internal Organisation would normally be Restricted funds unless it could be clearly shown that they could be used for any Methodist purpose. This section must be completed to arrive at the gross receipts and payments totals of the Circuit. If gross income exceeds the Accruals threshold of £250,000, then the Accruals method of accounting AND A DIFFERENT FORM must be used to report the accounts (see Methodist website). Please refer to the guidance notes regarding transfers between the Circuit and connected Circuit Organisations.

----- Start of picture text -----
INTERNAL Net Receipts/ Opening
ORGANISATIONS Receipts Payments Payments Adjustments balances Closing balances
e1
e2
e3
e4
e5
e6
e7
Sub total of Internal
e8 Organisations funds (e11) (e12)
Circuit accounts (totals
brought forward from
e9 page 2 - totals column) 173,303 (a8) 208,633 (b9) (35,330) (c7) 252,630 (c6) 217,300 (c8)
TOTAL CASH FUNDS
e10 HELD BY CIRCUIT 173,303 208,633 (35,330) 252,630 (x) 217,300 (y)
Continue on a separate TOTAL
sheet if necessary and TOTAL RECEIPTS PAYMENTS
bring the totals forward
SECTION F
STATEMENT OF ASSETS AND LIABILITIES
OPENING CLOSING
CIRCUIT - CASH FUNDS HELD at 31 August 2022 BALANCES BALANCES
f1 Cash in hand
f2 Bank Current Account 8,222 32,552
f3 Bank Deposit Account
f4 Central Finance Board 4,299 4,317
f5 Trustees for Methodist Church Purposes 240,109 180,431
f6 Other funds
f7 SUB TOTAL 252,630 (c6) 217,300 (c8)
Total funds held by Internal Organisations (the
f8 closing balance totals above) (e12) (e11) (e12)
f9 TOTAL CASH FUNDS HELD BY CIRCUIT 252,630 (x) 217,300 (y)
SECTION G At At
OTHER ASSETS and LIABILITIES 1 September 2021 31 August 2022
g1 Investments (include Endowments)
g2 Land and Buildings (see notes re Insurance value) 750,000 843,875
g3 Other Assets
g4 Loan(s) - show amount outstanding at year end 10,000 10,000
g5 Other Liabilities
----- End of picture text -----

f4 Include only Funds held at the Central Finance Board

f5 Include only CFB Funds held at Trustees for Methodist Church Purposes

g1 Include any other investments (not the cash element of TMCP trust accounts this is inserted in line f5)

6

2015 Circuit R and P.xls

NEWARK AND SOUTHWELL METHODIST CIRCUIT YEAR ENDED 31 AUGUST 2022 NOTES TO THE ACCOUNTS

1 Basis of accounting

The method of accounting used is receipts and payments. Receipts and payments are statements that summarise the movement of cash into and out of the charity during the financial year, the one exception being that assessment payments by churches in August 2022 totalling £28,907, which relate to the 2022/23 year, have been carried forward to that year. Cash includes cash equivalents, for example bank current accounts, deposits with CFB and deposits with TMCP.

2022
£
2
Assessments
Balderton
22,613
Charles Street
35,092
Collingham
20,616
Elston
3,096
Hope Community
28,395
Long Bennington
5,681
North End
8,225
North Muskham
8,640
Southwell
33,796
Sutton-on-Trent
6,168
172,322
3
Capital receipts
Sale of Brough chapel building
0
0
4
Stipends, NIC, Pension and other expenses
Presbyters stipends
80,567
Employer's NIC
7,642
Employer's pension contributions
20,840
Presbyters travel costs
2,506
Telephone and broadband
1,521
Apprentice levy
428
113,504		 2021
£
25,904
32,332
20,760
3,564
26,227
4,912
6,642
4,622
32,136
4,408
161,507
132,941
132,941
79,915
7,391
20,598
2,094
1,484
443
111,925

Page 7

NEWARK AND SOUTHWELL METHODIST CIRCUIT YEAR ENDED 31 AUGUST 2022 NOTES TO THE ACCOUNTS (continued)

5
Manse Costs
Council tax
Water
Insurance
Security
Repairs and maintenance
6
Administration
Salary
Rent of circuit office
Office telephone and broadband
Printing, postage and stationery
Website maintenance
Payroll bureau charges
Computer
7
Grants and donations
Model Trust Fund
Pension Reserve Fund
Other general Funds
Balderton - sound & display system
Balderton - play equipment
Balderton - family worker
Southwell - family worker
Sutton on Trent
Loan to Barnbygate
Other donations
8
Other worship costs
Supernumeraries preaching fees
and travel costs
Sundry worship and resources costs		 2022
£
7,237
1,362
1,692
180
8,254
18,725
2,650
880
515
2,719
586
480
0
7,830
5,000
1,000
550
3,300
3,300
0
0
0
13,150
3,032
275
3,307		 2021
£
6,945
1,770
1,387
240
5,553
15,895
2,062
1,056
699
5,083
636
480
690
10,706
0
0
0
0
2,200
1,000
10,000
786
13,986
773
265
1,038

Page 8

NEWARK AND SOUTHWELL METHODIST CIRCUIT YEAR ENDED 31 AUGUST 2022 NOTES TO THE ACCOUNTS (continued)

2022
£
9
Other payments
Quinquennial inspection fees
1,500
Bank charges
95
TMCP levy
1,807
TMCP administration charge
684
Miscellaneous
526
Connexional levy - Brough
0
4,612
10
Money received for external organisations
Circuit charity - Afghan Welcome
677
Meth. Church World Mission Fund
1,499
Methodist Women in Britain
190
Support of Presbyters and Deacons
225
Methodist Training Fund
50
Methodist Ministers Housing Society
235
Methodist Property Fund
430
3,306		 2021
£
7,080
0
346
1,065
32,912
41,403
0
1,365
340
0
0
0
1,790
3,495

11 Restatement of opening balances

Fund balances at 1 September 2021 have been re-stated to exclude money which does not belong to the circuit and also, following advice from TMCP, to amend the designation of circuit funds.

Op'ing balances as previously stated
Deduct sum due to circuit charity
Re-designation
Opening balances as re-stated		 Unrestri-
cted Funds
Model Trust
Fund
Restricted
Funds
Total
£
£
£
£
14,510
72,279
167,831
254,620
1,990
0
0
1,990
12,520
72,279
167,831
252,630
167,033
0
-167,033
0
179,553
72,279
798
252,630

Page 9

NEWARK AND SOUTHWELL METHODIST CIRCUIT YEAR ENDED 31 AUGUST 2022 NOTES TO THE ACCOUNTS (continued)

12
FUND MOVEMENTS
Unrestricted funds
General Fund
Designated Funds
Circuit mission
Youth and family work
Unrestricted Model Trust Fund
Restricted Fund - LWPT
Total Funds		 Opening
balance
Transfers
Excess of
payments
over
receipts
Closing
balance
£
£
£
£
75,370
45,000
-20,489
99,881
24,442
0
-1,550
22,892
79,741
0
-6,482
73,259
179,553
45,000
-28,521
196,032
72,279
-45,000
-6,809
20,470
798
0
0
798
252,630
0
-35,330
217,300

13 ANALYSIS OF FUNDS BETWEEN BANK ACCOUNTS

HSBC
Central Finance Board
TMCP - Model Trust
TMCP - Farndon
TMCP - Holland (bequests)		 Restricted
Funds
Total
General
Designated Model Trust
£
£
£
£
£
31,754
0
0
798
32,552
4,317
0
0
0
4,317
0
0
18,920
0
18,920
0
73,259
0
0
73,259
63,810
22,892
1,550
0
88,252
99,881
96,151
20,470
798
217,300
Unrestricted Funds

Page 10

NEWARK AND SOUTHWELL METHODIST CIRCUIT YEAR ENDED 31 AUGUST 2022 NOTES TO THE ACCOUNTS (continued)

14
Commitments
The following grants, support payments and loans
had been approved at Circuit Meeting but had not
been expended at the balance sheet date.
Balderton redevelopment project
Balderton family worker (2 years)
Southwell family worker (2 years)
Assessment support 2022/23
Assessment support 2021/22
Barnbygate loan to be repaid from property sale		 2022
£
40,000
6,600
10,000
35,608
0
-10,000
82,208		 2021
£
40,000
9,900
9,900
0
20,000
-10,000
69,800

Page 11

Declarations and Scrutiny I confimi that these Receipt and Payment bas￿ accounts for the year to 31 August 2022 have been prepared from the records of the Ci￿ll arKI that tkw Ind￿je all funds under the corrtrol of the Circuit meeting. Signabjre of treasurer.... ............... .... Name arKI address of treasurer ........ 58 Bullpit Road, Balderton. NeaTk. Nottirvjhamshtre. NG24 3LY Presentation to the Circuit meeting I confirm that the annual report and a(￿)Urts for the year &Kled 31 August 2022 were1w1￿. presented to the Circuit meeting held (m . L4 A/j:- Signature of the Chair of the meeting Name of the Chair of th8 meeting .... Independent Examinerfs Report to the Trustees of the NEWARK AND SOUTHWELL MEfHODIST CIRCUIT Charity Nwnb8r.. 1134276 Responsibilliios and basis of report I report to the tr￿teeS on my examination of the ac£ounts of the JV4y.rf(C..,... Circurt for the year ended 31 August 2022 set out on pages .x to 1.1. As the Cir￿lYS trustees, you are responsÈble for the preparation of the accounts in accordan￿ Mth tre requirements of the Chartties Act 2011 (Ihe Acf). I report in respect of my examination of the Circuivs accounts carried out under section 145 of the Act and, in Cary￿ng my examination, I have follo￿1 all the applicable tl'rections given by the Charity Commission under sedion 145(5)(b) of the Ac . delete or circle as approwiate 12

Name of Circuit ... NEWARK & SOuT￿LL METHODIST CIRCUIT Indapendent Examinerfs Statemert I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which give me cause to believe that in, any material respect the accountin9 records were not kept in accordan￿ wrth seclion 130 of the A¢ or I have no concems and have c(xne across no 0th8r matters in connection with the 8xaminats.on to which attention should be drawn in trus rep(¥t in order to enable a prow undwnding of the accounts to be l•lhave nor obtained irMJepwKlent verification of all invesbnents ith the Trustees for Methodist Church Purposes or held in other trusts, bank balan￿ arwj fuThls at the Cerrtral Finance Board of the Methodist Churth which are individually in exc£ss of £10.(￿ (ten thousarMI pounds) at the balan sheet date. Signature of independent examiner ........ ...... ........................................................... Name of independert examiner ...... .... .. ...... . Relevarrt professtonal qualification of irKlepwMJ￿ examiner Cl.lyV.C££L-b...A.(.oo.utrhf Name of finn {fve appropriate) ........ Address y.....11<14É. ..fYW. .....Co..&th.L.L...U-knL.,.M&J￿.￿Pg.<.Q.I......... £p.L,.41-tw£. L ..l.f.oP6 Date delete or arde as appropriate Sep-22 Page 13