**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
**Tangible Fixed Assets**
Land & Buildings
16
1,807,941
Equipment
16
Investment properties
16
Investments
17
**_Total fixed assets_**
1,807,941
**Current Assets**
Debtors and Prepayments
18
24,794
Cash at Bank and in hand
19
40,757
Trustees for Methodist Church
Purposes deposits
19
Central Finance Board Deposits
19
229,162
**_Total current assets_**
294,713
**Creditors and Accruals (due in under 1year)**
Trade creditors and accruals
20
41,459
**Total due in under 1yr**
41,459
**Net current assets (liabilities)**
253,254
**_Total assets less current_**
**_liabilities_**
2,061,195
**Loans and Creditors (due after 1 year)**
Provisions
for
liabilities
and
charges
21
**_Net assets_**
2,061,195
**Funds of the Circuit**
General funds
2,061,195
Circuit Model Trust Fund
23
Designated Funds
23
Restricted funds
23
**_Total Funds_**
23
2,061,195|**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|
Page 8 of 16
## **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|
Page 9 of 16
## **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._
Page 10 of 16
## **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|
Page 11 of 16
## **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.
Page 12 of 16
**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
**----- Start of picture text -----**
Signature of Treasurer Date
02 October 2023
Name
Martin John Waller
Address
27,Blackwood Road, Tamworth, Staffs. B77 1JW
**----- End of picture text -----**
## **Presentation to the Circuit Meeting for approval.**
I confirm that the Accounts have been presented to the Circuit Meeting on
**----- Start of picture text -----**
04 December 2023
**----- End of picture text -----**
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.
**----- Start of picture text -----**
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
**----- End of picture text -----**
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