2023-08-31-accounts - The Methodist Church - Birmingham (Sutton Park) Circuit

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

Circuit Accruals Accounts

THE METHODIST CHURCH REPORT AND ACCOUNTS

for the year ended 31 August 2023 Birmingham, Sutton Park Circuit 05/04

Registered Charity Number 1134369

Page 1 of 16

Birmingham, Sutton Park Circuit 05/04 TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED AUGUST 2023

Introduction

The Sutton Park Circuit is part of the wider Methodist Church in Britain. It consists of 13 church buildings (one of which is a Local Ecumenical Partnership) in a 20 mile (approx) circumference from inner-city Birmingham to the north Warwickshire countryside. The aim of the Circuit is to encourage each Minister and Congregation to work together for the glory of God, living out our four callings of Methodism: Worship, Learning and Caring, Service, and Evangelism. Our vision statement is 'Living and Growing God's Kingdom'. The Ministerial staff are supported by the Circuit Stewards, and together they form the Circuit Leadership Team (CLT).

Review of the year - 1st September 2022 to 31st August 2023

The Circuit continues to focus on it's mission goals: A. Understand the needs of and value the uniqueness of each community within the Circuit. B. Ensure that each person is empowered, encouraged and equipped to enrich their faith.

C. Continue to encourage the linking of congregations within the Circuit.

D. Speak out for justice in tangible and measurable ways.

E. Bring young people to a knowledge and love of Christ.

The restrictions caused by the Covid 19 pandemic resulted in the churches being unavailable for both worship and serving of their communities. Thankfully, the relaxing of the restrictions resulted in church life restarting and as individual confidence returned, the online worship that served so well during the pandemic continues to be used to cover churches where a preacher is not available, enabling the Circuit to as inclusive as possible.

The ministerial team have continued to meet the challenges of the emergence from the lockdown two years ago. All meetings needed for ciruit life have taken place in person, enabling us to deal with the normal business of the Circuit, and continue to evolve our mission goals.

The forward looking mission document was produced by the CLT the previous year continues to be implimented. Its aim is to guide us as both a Circuit and as individual churches towards focussing on effective mission and working in new ways that make the most of our strengths and resource. Included in this was the decision to reduce the number of Presbyters by one in 2022-23. During the stationing process after interviewing 3 candidates the Circuit was unsuccessful in appointing a Superintendent for 2022/23 as two Presbyters left the Circuit including the Superitendent who retired. The Circuit appointed a Superintendent from Birmingham Circuit to be the Superintendent for 50% of his time and a Presbyter in Birmingham Ciruit for the balance of his time. The remaining requirement for a presbyter is being covered by a retired presbyter at 49% employment, the maximum permitted by the Connexion. This arrangement will continue into the year 2023-24.

The development of a Hub church and Mission Centres has continued, with the re-organisation needed to adhere to Methodist guidelines, while freeing up people to serve their communities in each of the three churches involved.

Income trends

Circuit income is primarily from the assessment paid by the circuit churches. This is supplimented by grants from the Zimbabwee Fellowship and Connection, which cover half of the costs of a minister, who joined the Circuit in September 2020.

Expenditure trends

Of the total General expenditure 56% relates to net staff Stipends costs, which increase annually in line with increases approved by Conference. In addition a further 20% covers associated costs such as travel, telephone, manse utilities, insurance and repairs costs. 17% is the Circuit contribution to the District and Connexion, which is mostly used to fund the work of the wider Methodist Church. The remaining expenditure covers a variety of costs from regular adminsitration costs to one-off items.

Fund balances

As at 31 August 2023 the net current assets of the Circuit were £335,494 - approximately 10.2 months cover for expenditure based on the current year figures. This is an inprovement over the previous year of 0.5 months. The CLT will consider how best to use any surplus funds for mission projects, as well as ensuring that there are sufficient resources for general running costs, which are due to decrease significantly next year following the renting renting of two manses for the full year. Total funds include designated funds of £62,798, set aside to cover future stipends/employment costs.

Plans for 2023/24

Circuit budgets for next year have been prepared on the basis that there will be 5.5 full time ordained staff. An assessment increase has been requested from the individual Circuit churches, to contribute towards the anticipated increases in stipend costs, District assessment and manse utility costs.

Page 2 of 16

Birmingham, Sutton Park Circuit 05/04

Trustee’s Annual Report on Finance and Governance

Basis of preparation and legal framework

The Charity’s annual report and accounts for the year ended 31 August 2023 have been prepared in accordance with the Charities Act 2011 and the Charities: Statement of Recommended Practice 2019 as applicable to the Financial Reporting Standard (FRS) 102.

Full Name of Charity: The Methodist Church - Birmingham (Sutton Park) Circuit Trading under the name Sutton Park Methodist Circuit.

Registration Charity Number: 1134369, date of registration 17 February 2010. Main communication address - 27, Blackwood Road, Tamworth, Staffordshire, B77 1JW

The members of the Sutton Park Methodist Circuit meeting are the Charity Trustees, membership comprising of circuit office holders, ministers and representatives appointed by the local churches and the circuit meeting. Full membership is shown as Appendix A to this report.

Circuit Ministers and Officers

Active Circuit Ministers Rev Nickolas Jones (Superintendent) Rev Alan Smithson Rev Feddie Takavarasha Rev Jimmy Dube Rev Emily Young Deacon Marilyn Slowe Deacon Rachel Thomas-Prasad

Circuit Layworkers

None

Circuit Stewards

Mr Christopher Shaw Mr Nicholas Riley Mr Peter Cashmore Ms Celiwe Majola

Treasurer

Mr Martin Waller acted as the principal officer overseeing the day to day financial management accounting during the financial year.

Independent Examiner

James Cruse ACA, FCCA, BSc (Econ) Hons - JW Hinks Chartered Accountants, 19 Highfield Road, Edgbaston, Birmingham B15 3BH.

Bankers

Central Finance Board of the Methodist Church - 9 Bonhill Street, London, EC2A 4PE CAF Bank Ltd - 25 Kings Hill Avenue, Kings Hill, West Malling, Kent, ME19 4JQ

Investment Bankers

The Trustees for Methodist Church Purposes - Central Buildings, Oldham Street, Manchester, M1 1JQ

Trust Registrar

Mr Steve Buck

Page 3 of 16

Birmingham, Sutton Park Circuit 05/04

Aims and organisation

The charity objective is to act as a Resource provider within the area around Birmingham City, South Staffordshire, and North Warwickshire for the Methodist Church. The purposes of the Methodist Church are and shall be deemed to have been since the Date of Union, the advancement of:

a) The Christian faith in accordance with the doctrinal standards and discipline of the Methodist Church;
b) Any charitable purpose for the time being of any Connexional, District, Circuit, local or other organisation of the Methodist Church;
c) Any charitable purpose for the time being of any society or institution subsidiary or ancillary to The Methodist Church;
d) Any purpose for the time being of any charity being a charity subsidiary or ancillary to The Methodist church.

Public Benefit

We confirm the trustees have had regard to the Charity Commission’s guidance on public benefit.

Structure, Governance and Management

The governing document for the circuit is the Deed of Union (1932) and 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, along with the Circuit Meeting and the Local Preachers meeting,

Trustee Training

A range of guidance is produced by Methodist Connexion to support the effective running of the circuit. All trustees are required to fulfil coherent Safeguarding requirements and conform to GDPR guidelines.

Related Parties

The Circuit is part of the Birmingham District and is accountable to the Methodist Conference. The following Methodist Churches are linked to the Circuit - Blackwood, Boldmere, Erdington, Falcon Lodge, Four Oaks, Kinsgbury, Kingstanding, Nechells, Sutton Coldfield, St Chads (LEP), Stockland Green, Streetly and Witton.

Risk Management

Income and expenditure is monitored and compared with the annual budget on an ongoing basis. Most items are as expected, and in line with both the budget and historical figures. The budget is used to determine the main source of income, being the assessments received from the churches, and enables the Charity to anticipate the potential impact of future calls on reserves.

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. The Sutton Park Circuit commits itself to the implementation of Connexional Safeguarding Policy, government legislation, guidance and safe practice in the circuit and in the churches. The Sutton Park Circuit commits itself to the provision of support, advice and training for lay and ordained people to ensure people are clear and confident about their roles and responsibilities in safeguarding and promoting the welfare of children and adults who may be vulnerable.

Reserves Policy

The Circuit's Reserves Policy is to hold sufficient funds to cover anticipated general running costs, to meet any unforseen item of major expense on manses and be able to continue funding planned activities in the short term. The General and Unrestricted Funds have decreased during the year. Funds will continue to be called upon in the foreseeable future, as annual income from church assessments is expected to be insufficient to meet all the costs including those of current ministerial staff. Consequently the Reserves Policy will be monitored and amended on an annual basis, with a view to using any surplus funds for mission projects as well as ensuring that there are sufficient funds to cover the current needs.

Page 4 of 16

Birmingham, Sutton Park Circuit 05/04

Statement of Financial Activities (SOFA) for the year ended 31 August 2023

Notes General Circuit Designated Restricted Totals Totals to the Funds Model Funds Funds this year last year accounts Trust 2023 2022 £ £ £ £ £ £ Income Unrestricted Funds	Notes General Circuit Designated Restricted Totals Totals to the Funds Model Funds Funds this year last year accounts Trust 2023 2022 £ £ £ £ £ £ Income Unrestricted Funds	Notes General Circuit Designated Restricted Totals Totals to the Funds Model Funds Funds this year last year accounts Trust 2023 2022 £ £ £ £ £ £ Income Unrestricted Funds	Notes General Circuit Designated Restricted Totals Totals to the Funds Model Funds Funds this year last year accounts Trust 2023 2022 £ £ £ £ £ £ Income Unrestricted Funds
Donations and legacies 4 Assessments on churches 5 From Monetary investments 6 From Investment properties Rent income 6 Capital Receipts 7 Grants received 8 Benevolent Fund 8 Other 8 Total income	6,520 6,520 314,618 314,618 8,300 805 2,109 11,214 18,425 18,425 - 14,500 14,500 - -		23,534 309,180 1,891 - - 14,500 - 1,500
	362,363 805 2,109 0 365,277		350,605
Expenditure on: Ministerial Stipends, NIC & Pension 11 221,208 Layworker Salaries, NIC & Pension 11 District Assessment 66,096 Methodist Church Fund Circuit Events 12 ( 216) Telephone, travel & administration 10 23,564 Manse Insurance, Council Tax & Water 26,029 Maintenance on manse property 27,183 Expenditure on investment property 6 14,558 Depreciation Youth work 13 5,316 Other Expenditure 14 3,596 74 Grants and Donations 15 5,000 District Advance Fund levy 655 Total expenditure 392,334 729 0 0 Net income before investment gains/(losses) ( 29,971) 76 2,109 0 Net Gains/(Losses) on Monetary Investments 17 ( 290) Net Gains/(Losses) on property revaluation Net Gains/(Losses) on property disposals 16 Net incoming/(outgoing) before transfers ( 29,971) ( 214) 2,109 0 Transfers between funds 23 Reclassification of funds - sale proceeds 24 Reclassification of funds - loan repaid 24 Net movement in funds ( 29,971) ( 214) 2,109 0 Total funds brought forward 2,091,166 26,193 60,689 0 Total funds carried forward 2,061,195 25,978 62,798 0 0 0 0 *Balance carried forward* *For information only: money received and passed on to External Organisations* Balance brought forward from last year Donations received for External Organisations Donations passed to External Organisations

	221,208	221,208	237,010
		-	-
	66,096	66,096	65,616
		-	-
	( 216)	( 216)	422
	23,564	23,564	25,933
	26,029	26,029	26,435
	27,183	27,183	14,744
	14,558	14,558	-
		-	-
	5,316	5,316	9,339
	3,596 74	3,670	26,947
	5,000	5,000	5,552
	655	655	1,754
	392,334 729 0 0	393,063	413,752

	( 29,971) 76 2,109 0	( 27,786)	(63,147)
	( 290)	( 290)	( 458)
		-	-
		-	-
	( 29,971) ( 214) 2,109 0	( 28,076)	(63,605)
		-	-
		-	-
		-	-
	( 29,971) ( 214) 2,109 0	( 28,076)	(63,605)

	2,091,166 26,193 60,689 0	2,178,048	2,241,653
	2,061,195 25,978 62,798 0	2,149,971 2,178,048

		0	0 0 0
		0
		0
		0	0

Page 5 of 16

Birmingham, Sutton Park Circuit 05/04

Balance Sheet as at 31 August 2023

General funds Unrestricted £ Notes	General funds Unrestricted £	Circuit Model Trust Fund Unrestricted £	Designated funds Unrestricted £	Restricted funds £	Totals this year 2023 £	Totals last year 2022 £

16	1,807,941				1,807,941	1,807,941
16					-	-
16					-	-
17		6,536			6,536	6,826
	1,807,941	6,536			1,814,477	1,814,767

18	24,794		-	-	24,794	23,587
19	40,757		-	-	40,757	27,720
19		19,442	-	-	19,442	19,367
19	229,162		62,798	-	291,960	374,545
	294,713	19,442	62,798		376,953	445,219

20	41,459			-	41,459	81,938
	41,459			-	41,459	81,938
	253,254	19,442	62,798		335,494	363,281
	2,061,195	25,978	62,798		2,149,971	2,178,048

21					-	-

	2,061,195	25,978	62,798		2,149,971	2,178,048

	2,061,195		62,798		2,061,195	2,091,166
23		25,978			25,978	26,192
23			62,798		62,798	60,689
23					-	-
23	2,061,195	25,978	62,798		2,149,971	2,178,048

Summary of the Internal Organisations reporting to the Circuit Meeting. 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.

Internal Organisations Opening Closing balance Receipts Payments Adjustments balance - - - Refugee project - Total - - - - -

Page 6 of 16

Birmingham, Sutton Park Circuit 05/04

Notes to the Accounts

1 Basis of accounting

The financial statements have been prepared in accordance with the Charities Act 2011 and the Charities: Statement Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with Financial Reporting Standard (FRS) 102.

2 Funds

The funds held constitute: General Funds held for any purpose of the Circuit, which are Unrestricted. The Circuit Model Trust Fund has wide purposes defined in Standing Orders and is categorised as Unrestricted. Restricted Funds, which are held for a narrower purpose. Details of each material fund are disclosed in Note 23 of these accounts. Any funds may be represented by more than just cash.

3 Accounting policies

Basis

These accounts have been prepared on the basis of historical cost (except that investments are shown at their market value at the end of the year), on the accruals basis to show a true and fair view of the Circuit's financial position and activities.

Incoming Resources

Income is included in the Statement of Financial Activities (SOFA) when the Circuit becomes entitled to the resources, and the Trustees are reasonable certain they will receive the resources; and the monetary value can be measured with sufficient reliability.

Resources Expended

This is recognised when a liability is incurred, or a constructive obligation arises, that results in the payment being unavoidable. Liabilities are recognised as soon as an outflow of economic benefit is considered more likely than not under the legal or constructive obligation committing the Circuit to pay out resources.

Grants

Grants made by the Circuit from its own funds are recognised in full at the time of agreement or when the Circuit accepts that there is a legal or operational obligation to make the payment. When the grant is recurrent over more than one year the balance payable in future years is treated as a provision for future commitments in the Balance Sheet against the appropriate fund, the provision being released in future years as instalments are paid in accordance with the originally agreed terms.

VAT

Since the Circuit is not VAT registered, all input VAT is charged with the expenses to which it refers.

Tangible fixed assets for use by the Circuit

These are capitalised if they can be used for more than one year, and individually cost at least £1,000. The freehold property is shown in the accounts at 2015 deemed values (with the exception of the manse aquired in 2019 which is shown at the purchase price), of which the land component is deemed to be 50%. This estimate is based on guidance issued by the Methodist Church. No depreciation is provided on the buildings because the Trustees consider the current residual fair value of the manse buildings (on the assumption that it had reached the end of its useful economic life by the year-end) to be not less than its current value. Any depreciation would not be material. The properties have been reviewed for impairment.

Investment Properties

The Circuit did not hold any Investment properties during the year.

Investments

Investments are valued in the balance sheet at market value at the year end. Investment income is included in the accounts when receivable and any gains or losses on revaluation at the year end are shown in the SOFA.

Debtors and Prepayments

Debtors include the payment of the September stipend in August, and other prepayments. Creditors

Creditors include assessments received in August from circuit churches relating to next year, accrued expenses and trade creditors.

Page 7 of 16

Birmingham, Sutton Park Circuit 05/04

4. Donations and legacies received	This year Last year 2023 2022 £ £ £ £ £ Unrestricted Circuit Model Designated Trust Fund Restricted Total Total
Donations: Methodist Church Zimbabwe Fellowship UK Methodist Diaconal Order Sundry donations Connexion use of manse for year	6,000 6,000 6,000 - - 520 520 - - 17,534
Total 5. Charitable activities - other Assessments on churches 6. Investment Income/Expenditure Interest and dividends Rental income	6,520 - - 6,520 23,534
	314,618 314,618 309,180

	10,409 805 11,214 1,891
	18,425 18,425 -
Total Income Expenditure	28,834 805 - 29,639 1,891

Agency Fees 1,162 1,162 - Property Maintenance 12,191 12,191 - Property Insurance 1,205 1,205 - Total Expenditure 14,558 - - 14,558 - Net Gain on Investment 14,276 805 - 15,081 1,891 7. Capital Receipts Sale of investment property Connexional Priority Fund Levy Selling Agents fees Legal fees Total - - - - - 8. Other trading activities Grants received Connexional Grant for MOCC Minister 14,500 14,500 14,500 Other LEP church contribution - 1,500 Total (Grants plus Other) 14,500 - - 14,500 16,000 (A) Payments made to trustees for additional services provided to the Circuit by agreement with the Circuit Meeting nil nil (B) Number of trustees who were paid expenses 10 13 The expenses primarily relate to reimbursement for travel, postage and printing costs Total amount paid 5,772 5,507 10. Fees for examination or audit of the accounts Independent examiner’s fees (this year's estimated - last year's actual) 1,860 1,800 Other accountancy fees nil nil 9. Payment to Trustees	1,162 1,162 -
	12,191 12,191 -
	1,205 1,205 -
	14,558 - - 14,558 -
	14,276 805 - 15,081 1,891






	- - - - -


	14,500 14,500 14,500

	- 1,500
	14,500 - - 14,500 16,000

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Birmingham, Sutton Park Circuit 05/04

This year 2023 £ 11. Ministerial staff costs Gross stipends and benefits in kind 165,136 Employer's Pension costs 39,840 Employer’s National Insurance costs 15,479 Apprentice levy 753 Total costs 221,208 Average number of full-time ministerial staff employed 5.5	This year 2023 £	Last year 2022 £
	165,136 39,840 15,479 753	174,359 45,859 15,873 919
		237,010 6.0

Pensions

Most ordained presbyters and deacons are members of the Methodist Ministers' Pension Scheme (MMPS). This is a defined benefit pension scheme. The Supreme Court held in 2014 that the Methodist ministers (which term includes presbyters and deacons) are not employees of the church. For simplicity, however, when dealing with National Insurance Contributions and pension contributions, the terms 'employer' and 'employee' are used as they would be in an employing body.

The Connexion accounts for the MMPS and shows the figures in the annual Methodist Church in Great Britain accounts. The MMPS is in deficit but a plan for removal of the deficit has been proposed and is being implemented. Details of the deficit on this scheme can be found in the Annual Report and Accounts of the Methodist Church at www.methodist.org.uk £3,255 was prepaid in respect of the Ministers Pension scheme as at 31 August 2023 (£3,320 at 31 August 2022).

Layworker employees costs

Gross wages, salaries - Employer's Pension costs - Pension scheme debt on withdrawal and deficit arrears - Employer’s National Insurance costs - Apprentice levy and payroll bureau cost - Total costs - Average number of lay workers employed None employed in year none 12 Circuit events Circuit Service Offerng 4th September 2022 ( 116) Circuit Service Offering 5th March 2023 ( 100) Other events and costs - Total costs ( 216) 13 Youth work Sub-contracted youth worship leaders - Youth events cost 5,316 Total costs 5,316 14 Other Expenditure Quinquennial inspections for churches and manses 2,016 Birmingham Churches Together donation 716 Lea Abbey board for Presbyter - Kingstanding Kitchen 864 Training - Removal costs and allowances for incoming staff - Other - Trustees for Methodist Church Purposes Admin charge 75 Total costs 3,671 15 Grants and donations paid Payments made from Restricted funds - Paid to individual churches from Trustees for Methodist Church Purposes funds - Paid to individual churches from General funds 5,000 Total costs 5,000	Gross wages, salaries - Employer's Pension costs - Pension scheme debt on withdrawal and deficit arrears - Employer’s National Insurance costs - Apprentice levy and payroll bureau cost - Total costs - Average number of lay workers employed None employed in year none 12 Circuit events Circuit Service Offerng 4th September 2022 ( 116) Circuit Service Offering 5th March 2023 ( 100) Other events and costs - Total costs ( 216) 13 Youth work Sub-contracted youth worship leaders - Youth events cost 5,316 Total costs 5,316 14 Other Expenditure Quinquennial inspections for churches and manses 2,016 Birmingham Churches Together donation 716 Lea Abbey board for Presbyter - Kingstanding Kitchen 864 Training - Removal costs and allowances for incoming staff - Other - Trustees for Methodist Church Purposes Admin charge 75 Total costs 3,671 15 Grants and donations paid Payments made from Restricted funds - Paid to individual churches from Trustees for Methodist Church Purposes funds - Paid to individual churches from General funds 5,000 Total costs 5,000	- - - - -
		- none

	( 116)	( 162)
	( 100)	584
	-	-
		422

		7,462 1,877
		9,339 3,012 842 5,400 10,000 4,175 3,318 - 200
		26,947
	-	3,552
	-	-
	5,000	2,000
		5,552

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Birmingham, Sutton Park Circuit 05/04

16 Tangible Fixed Assets

16 Tangible Fixed Assets
The Circuit owns seven manses in active use:	Deemed values
	established 1/9/2015
	£
19 Hollyhurst Road B73 6SY	301,381
98 Orphanage Road B24 9HX	244,282
85 Reservoir Road B23 6DH	287,469
12 Upper Clifton Road B73 6BP	33,269 *
98 Walmley Road B76 2QD	234,860
54 Hawthorn Brook Way (aquired in July 2019)	347,000
140B Chester Road B74 2HS	359,680
	1,807,941

*12 Upper Clifton Road is part owned with the Methodist Church World Mission Fund (9.4% Circuit and 90.6% WMF) - only the 9.4% portion is included in these accounts). A previous review determined that none of our sites has land that could be sold off for development.

During the year, the Circuit did not own any properties classified as investment properties.

Property Disposals
Details None	Carrying Sale Revaluation Gain/(Loss) - - - - Fixtures, Assets Investment fittings and under Other Land Manses Buildings equipment construction Total £ £ £ £ £ £
Cost or valuation Balance brought forward Additions Revaluations Disposals Transfers between categories Balance carried forward Accumulated depreciation
	1,807,941 1,807,941




	- 1,807,941 - - - 1,807,941


Basis (SL or RB) Rate Balance brought forward Charge for year Revaluations Less: Disposals Transfers between categories Balance carried forward Net book value** Brought forward Carried forward	N/A N/A N/A S/L
	3 Years - 1,807,941 - - - 1,807,941 - 1,807,941 - - - 1,807,941

** Indicates the method of depreciation (SL = straight line, RB = reducing balance), and the rate of depreciaton. Straight Line is based on the anticipated life of the asset, and Reducing Balance is based on a percentage deduction made each year.

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Birmingham, Sutton Park Circuit 05/04

17 Investments

The funds that support the Circuit Model Trust Fund are held by TMCP in Trustees Interest Funds on which interest is credited monthly. These are regarded as medium and long-term investments.

TMCP is the legal owner and Custodian Trustee of all Methodist Trust Property, including legacies, Endowments, and Accumulated Funds. Trust property is held for and on behalf of local Managing Trustees who are responsible for the day to day management of trust property. TMCP ensure that, by providing guidance and acting under their direction, the Managing trustees comply with charity law and Methodist law and policy as determined by Methodist Conference.

Analysis of investment movements Investments listed on a recognised Stock Exchange Investments held in common investment funds Securities not listed on a recognised Stock Exchange Other investments Total Change in investment values Carrying (market) value at beginning of year Additions to investments at cost Less disposals at carrying value Net gain/(loss) on revaluation Carrying (market) value at end of year	This year Last year 2023 2022
	6,536 6,826
	6,536 6,826 6,826 7,283 (290) (457)
	6,536 6,826

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Birmingham, Sutton Park Circuit 05/04

18. Debtors and prepayments Pre paid stipends Accrued income Other debtors and prepayments Total debtors and prepayments 19. Analysis of cash at bank Bank balance held in CAF Bank Bank balance held in Central Finance Board, London (General,Employment ,Restricted) Bank balance held in TMCP, Manchester Total Cash and Bank	This year 2023 £	Last year 2022 £
	17,813 6,981	18,234 5,353
	24,794	23,587

	40,757 291,960 19,442 352,159	27,720 374,545 19,367
		421,632

20. Analysis of current liabilities and long term creditors Accrued expenses Assessments received from churches in respect of next year Other Creditors Total Current Liabilities	1,860 37,575 2,024 41,459	1,860 43,917 36,161
		81,938

21. Movement on Loans
			Amount	New	Loan	Repaid in	Balance at
Source	Purpose of loan		b/fwd	borrowings	interest	the year	year end
			£	£	£	£	£
Methodist Chapel Aid	Bridging Loan on	manse	-	-	-	-	-
Repayment due							Totals
Within 12 months	31/08/2024						nil
Between 1 and 5 years	31/08/2025	31/08/2026	31/08/2027		31/08/2028		nil

22. Capital Commitments and Contingent Liabilities

At 31st August 2023 the Circuit has no capital commitments and no contingent liabilities were identified.

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Birmingham, Sutton Park Circuit 05/04

23. Detailed analysis of individual fund movements

Unrestricted Funds

Unrestricted Funds
Fund Name	Opening Expend- Reclass- Closing Balance Income iture Transfers ification Balance		Purpose of the fund
General Fund (excl. Assets) Employment Reserve Circuit Model Trust (Int fund) Circuit Model Trust (Invest't) Totals	283,226 362,363 (392,334) 60,689 2,109 19,367 805 (729) 6,826 780 (1,070)	253,254 62,798 19,442 6,536	General Circuit running expenses To help Circuit employment costs
	370,108 366,057 (394,133)	342,030
Restricted Funds Fund Name Refugee project - - - - - Totals - - - - - Total of Unrestricted and Restricted funds excluding property Property - manses Total Funds	- - - - -	- -	Purpose of the fund Supporting refugees
		-
		342,030 1,807,941
		2,149,971

Transfers between funds

The reasons for the transfers were as follows:

Withdrawals were made from the TMCP Funds to replenish amounts paid out of General Funds in respect of Circuit mission work.

24. Reclassification of funds

Circuit property is always carried in the General Fund but upon sale the net proceeds are processed through the Circuit Model Trust Fund. This requires an adjustment and any such sales during the year are reflected below at the net sale price.

There were no Bridging loans or property sales during the year

Details General CMTF Sale of manse	Designated Restricted Total -
Endowment Funds Endowment Name None Totals How the capital is invested	The current value Annual What the income of the capital income was used for
	nil nil

Page 13 of 16

Related party transactions

FRS102 requires that charities that have one or more related party transactions must disclose:
the names of the transacting related parties;
a description of a relationship between the parties;
a description of the transactions;
the amounts involved;
any other elements of the transactions necessary for an understanding of the accounts;
the amounts due to or from related parties at the balance sheet date and provisions for doubtful debts due from such parties at that date; and
amounts written off in the period in respect of debts due to or from related parties.

Name of related party Relationship	Income from Payments to Loans from Loans to Amounts related party related party related party related party owed by/to in the year in the year in the year in the year related party
This year Methodist Property Fund Methodist Connexional Grants Team Methodist Church Zimbabwe Fellowship UK Total Last year Methodist Chapel Aid Ltd Methodist Property Fund Methodist Diaconal Order Methodist Connexional Grants Team Methodist Church Zimbabwe Fellowship UK Methodist Property Fund Total	at year end £ £ £ £ £ - - - - - 14,500 -- - - 6,000 - - - -
	20,500 - - - -
	- - - - - - - - - - - - - - - 14,500 - - - - 6,000 - - - - - - - - -
	20,500 - - - -

Note: The circuit churches do collect money for Methodist related projects, which is recorded and sent direct to the Methodist Fun by the circuit-appointed Fund Treasurers. No documents nor money are seen by the Circuit Treasurer and such finance is not included in these cIrcuit accounts.

A separate report is issued each year by the Connexional Team.

Page 14 of 16

Birmingham, Sutton Park Circuit 05/04 Circuit

DECLARATIONS

Treasurer

I confirm that I have prepared the accounts from the records of the Circuit and that they include all funds under the control of the Circuit Meeting

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Signature of Treasurer Date
02 October 2023
Name
Martin John Waller
Address
27,Blackwood Road, Tamworth, Staffs. B77 1JW
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Presentation to the Circuit Meeting for approval.

I confirm that the Accounts have been presented to the Circuit Meeting on

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04 December 2023
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and were approved.

Signature of the Chair of the meeting

Name of the Chair of the Rev Nickolas Jones meeting Date 04 December 2023

Page 15 of 16

Birmingham, Sutton Park Circuit 05/04

Independent Examiner’s Report to the Trustees of the Birmingham, Sutton Park Methodist Circuit

This Report is on the Circuit Accounts for the year ended 31 August

2023

Respective responsibilities of Trustees and Examiner

The charity's trustees are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for this year under Section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is the Independent Examiner's responsibility to:

follow the procedures laid down in the general Directions given by the Charity Commission under Section 145(5)(b) of the Charities act; and

state whether particular matters have come to their attention.

Basis of Independent Examiner’s Report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below.

Independent Examiner’s Statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with Section 130 of the Charities Act.
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act.

have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

I have not obtained independent verification of all investments with the Trustees for Methodist Church Purposes ("TMCP") or held in other Trusts, Bank balances and Funds at the Central Finance Board of the Methodist Church ("CFB"), which are individually in excess of £10,000 (ten thousand pounds) at the balance sheet date.

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Name
James Cruse ACA, FCCA, BSc (Econ) Hons - J W Hinks LLP
Signature
Relevant Professional
qualification or body Chartered Accountants
Address
19 Highfield Road, Edgbaston, Birmingham, B15 3BH
Date 04 December 2023
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Page 16 of 16

Birmingham Sutton Park Circuit - list of Trustees

Appendix A

Those serving all of 2022/23 and up to 15/09/2023

Rev Nickolas Jones Mt Grahame Tench Deacon Marilyn Slowe Mrs Catherine Ann Cole Deacon Rachel Thomas-Prasad Mrs Amanda Hume Revd Dr Alan Smithson Mr Christopher Newson Revd Dr Jimmy Dube Mrs Jenny Wilkes Revd Emily Young Mr Thomas Clive Williams Rev Freddy Takavarasha Mrs Lorna Brown Revd David Hulme Mr Steve Buck Mr Chris Shaw Ms Yvone Huggins Mr Martin Waller Mr Benedict Adams Mr Nick Riley Mrs Christine Chick Mr Peter Cashmore Miss Deborah Majola Those joining since 1st September 2022 Mr David Allen Mr John Butler 19/11/2022 Mrs Alison Burland Mr Kevin clarke 24/02/2023 Mrs Marion Watts Mrs Diana Bosman 09/03/2023 Mr Gerald Peel Mr Anthony Brown 18/05/2023 Mrs Carole McSheep Miss Naomi Jones 19/06/2023 Mrs Carolyn Humpherson Mrs Jean Youdell 04/09/2023 Mr Thomas Watts Rev Stephen Fletcher 07/09/2023 Miss Imogen Clarke Mrs Noreen Marshall Mr John Harden Mrs Chris Blake Mr Derek Wright Mrs Jennifer McGregor Those leaving since 1st September 2022 Judith Ann Stephens Mrs Jean Ham resigned 19/11/2022 Mrs Christine Rossiter Rev Keith Webster resigned 24/03/2023 Mt Giles Wheeler Mr Jonathan Smith resigned 29/03/2023 Mrs Michelle Wheeler Miss Murial Castle resigned 17/05/2023 Mr John Robbins Mrs Rachel Williamson resigned 04/09/2023 Mr David Bowater Mt Peter Johansen Mrs Julie Ann Read Mrs Julie Goascoigne Mrs Maxine Hay Mrs Kath Matthews Mrs Frorence O'Connor Mr Peter White Mrs Sheila Dennis Mrs Margaret Henry Mr Tony Wilkinson Mr David Andrews Miss Jenifer Hall Mr Christopher Seeley Mr Peter Le Brocq