Torbay Methodist Circuit Office Goodrington Methodist Church Grange Road Paignton TQ4 7JT 01803 846020 office@torbaymethodistcircuit.org **Superintendent Minister** Revd Jeff Short, BA 01803 393286 Annual Report of the Torbay Methodist Circuit ## **TRUSTEES ANNUAL REPORT FOR THE YEAR ENDING 31 AUGUST 2024 CHARITY 1134368** ## **Objectives and Activities** The objectives of the charity are: Provision of public religious worship open to all; Promotion of prayer as a vital part of life; provision of pastoral care to all that require it; Promotion of education and training in the Christian faith; Support and nurturing worshipping communities; promotion of faith based education and activity for the young. The circuit is composed of 5 Methodist churches, one joint Methodist / United Reformed church and one Christian community centre. Throughout the year we continued the ongoing ministry of worship, prayer and Bible teaching ## **Achievements during the year** The Torbay Methodist Circuit continues to help to sustain many community groups and makes a difference in all sorts of areas. We host a Community Larder and Supermarket along with supporting food banks in the bay. Community coffee mornings are very popular and warm spaces are a great asset. Alcoholics Anonymous and Slimming World groups are held weekly. Regular activities for children and young people are provided including brigades, children’s music groups and a toddler group. Many community groups are grateful for our premises which are well maintained while safeguarding policies follow Methodist guidelines along with all strategies which combine to give our own members, friends and the community, safe places to meet and enjoy time together. ## **Financial Review** Income was lower than expenditure during the year mainly due to necessary repairs to property. The full annual accounts can be viewed on the relevant page of the Charity Commission website. The Circuit Model Trust Fund is used as a reserve fund to meet exigencies within the the running costs of the circuit and to provide individual churches with small grants to support new initiatives. Total funds at the end of the year were £260,344 of which £64,275 were unrestricted and £196,069 were in the Model Trust Fund. Structure, government & management The governing document is laid out on the charity Commission website. As of August 2024, we are a part of the Methodist Church in Britain and were part of the Plymouth and Exeter Methodist District who offer some oversight of our governance, The Methodist District will be restructured later in 2024. The Circuit Meeting had 32 members acting as Trustees as of 31 August 2024. The current list of Trustees may be viewed on the Charity Commission Website. Other than the officers who are on the body because of the office they hold, serving members are elected annually by local church members and various circuit working groups. The day-to-day management is exercised under the leadership team consisting of our two ministers, the Circuit Stewards, Propety Secretary and Treasurer. The Circuit complies with the Safe guarding requirements of the Methodist Church in Britain, this includes regular review of the policy, keeping training up to date and displaying relevant information for all users of the various buildings within the Circuit Staffing Two full time people were employed during the year.. Rev Jeffrey Short (Superintendent Minister) and Rev Douglas Rix. The Ministers were assisted part-time by Miss Annette Hinde (Circuit Administrator). The Rev Douglas Rix retired at the end of June 2024. Reference and administrative detsi18 The charity is known as the Torbay Methodist Circuit, Charity Number 1134368. The list of Trustees is available on the Charity Commission Website; the senior trustees at the year end were Rev Jeffrey Short (Superintendent Minister) Circuit Stewards.. Mrs Christine Hargreaves, Mr John Barrett, Property Secretary: Mr Norman Roberts, Treasurer: Dr Alan Mcllhenny, The Charity is blessed by so many people giving their time time and talents as well as financial giving for the life of the circuit, each church and in the community. Date of Approval by Torbay Methodist Clrcuit Trustse8: 22nd January 2025 Jeffrey Short (Superintendent Minister) Alan Mcllhenny (Treasurer) CIRCUIT RECEIPTS AND PAYMENTS ACCOUNTS THE METHODIST CHURCH STANDARD FORM OF ACCOUNTS Torba Methodist Circuit FOR THE YEAR ENDED 31 August 2024 Plymouth and Exeter Methodist Dlstrrct Circuit no 24108 Reglslered Charlty - Charlty Reglstratlon number 1134368 If not a registered charity Her Majesty's Rovonuo 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 organisalion's charitable status. Methodist charities in England and Wales that are not registered charities are excepted from regislralion under Statutory Instrument 2014 No.242) Ministers= Revd, Jeff Short Revd: Dou9.las Rix Circuit Stewards: Mrs Chris Carter Mr John Barrett Treasurer: DrAlan Mcllhenn TMC Accounts 310824Jl8X 1015 ACCOUNTS FOR THE YEAR ENDED 31 August 2024 Torba Methodist Circuit Clrcult Circuit restiicted fkndel Twst Rgstrlcled Funds Fund Fund8 Totals th1& yèar Totals last SECTION A a1 RECEIPTS Note a2 As8e88mentlShare 139,338 139,338 93 ital recei ts 115748 Bank and CFB Inter@st and Investment income a4 3,359 10,521 13,880 Transf6r from Southfield M8thodist Church Collections at Southfield 4,492 2,078 4,492 2,078 18,000 Letlin s at Southfield Lettin of manse 1,500 Transfer from Kingkerswell and insurance refund 3,643 Grants a8 oth8r r8c8ipts TOTAL RECEIPTS 536 536 1,105 275,299 a7 167,803 10,521 178,324 (a81 SECTION B b1 b2 PAYMETrirs Stipends, salaries, NIC, Pension and travel costs 111,401 33,858 5,192 27,944 111,401 33,858 104,462 b3 Manse Costs 25,4go b4 Adminlstration etc 581 6,717 26,987 22,299 3,577 87 b5 District Assessment 7,691 CPF Le b6 Grants & donations kerswell b7 Southfield 5,158 2,749 197,S26 b8 Other payments TOTAL PAYMENTS 4,012 4012 b9 204,085 18,272 222,357 {b9 SECTION C NET RECEIPTSIPAYMENTS FOR THE YEAR a7-bg 7,751 77,T13 Totsl funds brou ht forward from last ear 100,557 203,820 304,377 226,604 Sub total 1+¢2 64,275 196,069 260,344 304 377 Transfers and ad'ustsmenls c7 TOTAL FUNDS AT END OF YEAR (c3+c4} 64275 196,069 260,344 (c8) 304,377 (c6} SECTION D FOR INFORMATION ONLY: MONEY RECEIVED AND PASSED ON TO EXTERNAL ORGANISATIONS these amounts should not be included In total recei Islpayments above) d1 Balance brou ht forward from last ear 625 d2 Offerin sIGifts re￿iVed for extemal or anisations d3 OlferingsJGifts - passed to extemal organisations BALANCE STILL TO BE PAID d1+d2.d3 825 d4 TMCACCo￿ts 810824.yjsx 2of5 Torba Methodisl CIT¢uIt ¢lrcuh secTION E Please folk*wlhe Guldanca Notes to ¢om loto U)1$ Summary ol the Clrcull accounts16r tt)e y6arended 31 Augu$t2024 and Intwnal organlsal1o￿ reportlng to Ihe Clrcull Mè8tlng. Note that Ihe funds of an Interno1 organisa￿0Th woutd normalW be R6Stricted f￿￿8 vnla$8 rt ¢ould be ¢1garty 5Mown Ihalthey be US￿ any Methodist purpDS&. This sedion must be completed lo arrlve al gros$ re¢elpt$ It￿ p&ym0nts lolals oflh8 Circu11, Ifgross InrA)m? exceeds Accnmls thNshold of £250.DOO, then I Acttu&lg ￿thOd of aceLwnllrvJ AMDA DIFFERENT FORM must be used tD roport the accounts IsBe Methodlsl ￿bsIte}. Plea56 r6f6r to the guidan¢8 noles regarding translerg between the Clr¢utt arKI ¢onne¢ted CSrcult oryanlsau0r￿. TERNAL c*tGANISATION5 Nel REcwl81 m8nl8 Openfr balancos Recg monis u8lments Ck)$i Sub lotal of Internal Qrganls8tlons funds Qlr¢ulla¢¢ounl* Itof& broughtfowird frnm page 2-tota15 rolufftnl 222 3S7 44,0331 c7 Ic61 260.344 c81 HELD BYCIRCUIT 178.324 222,357 44.033 3D4,377 260,344 lyl ConUnu8 on a 86p8rai6 sheet Kn8ca8S¥y 8nd Ihe lota16 lorward TOTAL RECEIPTS TOYAL PAYMENTS SECTION F STATEMENT OF ASSETS AND L ES OPENING BALANCES CL031NO BALANCES CIRCUIT_CASH FUNDS HELD 4t31 A￿gu¥t2￿24 Cash in hand 345 100 CwTpnlAcwuTrt 9.835 Bank D osll Account r4 CBnlrdl F￿anc& Bo*d TrustegBf(K M8lhodislChuTth Putposes 203,820 196.069 O￿orfundS SUB TOT AL 304,377 1¢$) 260,344 l¢BI Tolal funds held by Intemal Orgathlons lu FAW balance lolals above e12 È12 TOTAL CASH FUNDS HELD BY cIMcurr 304,377 SECTION G Al QTHER ASSETS and L￿BILITIEs 1 S£ I￿￿8r2D28 81 Au L￿1 2￿4 knveskn&nl8 In￿de Endo*Th8nis 7760 8420 Land and Buildln $99 notes r8 In6ur8nr* Value 1386 592 24,033 Olh¢rAssdts how amunl outslandl 8r 8Dd OiherL￿￿tses f4 In¢4uth only Fun¢ls held $lthè Centsl FknHncg f5 Incluth only CFB Fl￿dE held al Tnjsteaslor MÈlhoth81 Church PurpDSeS g1 Includè eny other Inveslments lth)tthe elemÈniof TMCPtm5taGcounts IhlB1s InBerted kn Ilne ￿} TM¢A¢EwJrt$ 310824￿1￿A 3015 Name of Circuit Torbay Methodist Clrouit No 24108 Declarations and Scrutiny l Gonfirm that these Receipt and Paymènt b888d accounts for the y68r to 31 August 2024 havo been prapared from the records of the Circult a￿1 that they Includ8 all funds under the control of the Clr¢uit me8tlng. Slgnature of treasurer ..... Dat8..Is.I.I.. Name and addr688 oftreasurer.........4. .¥AA,.,tyI,;..I.y.Fl u ￿ l￿7,........... ................,..... Presentatlon to th6 ¢lrcuit mootlng I confirm that the annual report and accounts for the year ended 31 August 2024 werelwlll ba. presented to the Circult me&tlng hald on ,a.* . ! . .101 Name of thè Chalr of the Meeting . D8te..>3.. ts i: In?s Independant Examlnor's Raport to the TrustaO8 of the Torbay Methodlst Clrcult Charlty Number 1134368 Re3pon81bllltlo8 and bas1$ of raport I report to the trust6¢8 on my oxamlnation of the accounts of the ..( o.fji?.(4*, 6, &c.r Clrcuit for th& year ènded 31 August 2024 Set out on pagesl ta.., AS Ihe Circulvs trustees, you are re8ponslble for the pr¢paratlon of the acGounts in accordanco with the requirements of Ihe Charlties Act 2011 ('tho Act,). I report in respact of my examlnatlon of the Circuit's accounts Carri￿ out under secllon 145 of the Act and, in carrylng out my examinalion, I havg followed all the applicable Directions given by the Charlty Commlssion under $8Gtion 145(5){b) of the Act. ' delet6 or clrd8 a8 appropriato TMC AÈtA)L¥)ts 310824.X￿X 4t45 Name of Circuit Torbay Methodist Circuit No 24108 Independent Examiner's Statement I have completed my examination. I confimi that no material matters have come to my attention in er connection with the examination (othSxthat disc in, any material respect.. Xd below.) which give me cause to believe that the accounting records were not kept in accordance with section 130 of the Act; or the accounts do not accord with the accounting records. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. I havelhave not. obtained independent verification of all investments with the Trustees for Methodist Church Purposes or held in other trusts. bank balances and funds at the Central Finance Board of the Methodist Church which are individually in excess of £10,000 (ten thousand pounds) at the balan sheet date. Signature of independent examiner Name of independent examiner Relevant professional qualification of independent examiner Fcfx Fci.r................ Name of firm (where appropriate) Address Post Code Date iy delete or circle as appropriate TMC A¢wunts 310824.xlsx 5015