2024-08-31-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 2024

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 31st AUGUST 2024

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 2023 to 31st August 2024

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 three 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 in 2022-23 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 resources. Included in this was the decision to reduce the number of Presbyters/Deacons to 5.5 . 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 to cover the Superitendency for 2022-23 and 2023-24 and the remaining requirement for a presbyter was covered by a retired presbyter at 49% employment, the maximum permitted by the Connexion. This arrangement covered both 2022-23 and 2023-24. A Presbyter and Deacon left the Circuit at the end of August 2024 During the stationing process for the year 2024-25 after interviewing 3 candidates, the the Rev Nick Jones was appointed Superintendent and Deacon Jenny Parnell a Deacon maintaining the compliment at 5.5 .

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 letting 2 emty manses and 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 60% relates to net staff Stipends costs, which increase annually in line with increases approved by Conference. In addition a further 18% 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 2024 the net current assets of the Circuit were £344,195 (includes TMCP Investments)- approximately 10.5 months cover for expenditure based on the current year figures. This is an inprovement over the previous year of 0.3 months. The CLT will consider how best to usethe surplus funds ensuring that there are sufficient resources for general running costs, which are due to increase significantly next year following the loss of the renton possibly the two manses for a full year and part year respectively. Total funds include designated funds of £66,087, set aside to cover future stipends/pensions/employment costs.

Plans for 2024/25

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. As was the case for 2023-24 the required Assessment from the churches for 2024-25 will not fully covered by the Churches for 2024-25

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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 2024 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 Mrs Jean Youdell

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

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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.

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Birmingham, Sutton Park Circuit 05/04

Statement of Financial Activities (SOFA) for the year ended 31 August 2024

Notes General Circuit Designated Restricted to the Funds Model Funds Funds accounts Trust £ £ £ £ Income Unrestricted Funds	Notes General Circuit Designated Restricted to the Funds Model Funds Funds accounts Trust £ £ £ £ Income Unrestricted Funds	Totals Totals this year last year 2024 2023 £ £	Totals Totals this year last year 2024 2023 £ £
Donations and legacies 4 6,500 - - - Assessments on churches 5 336,684 - - - From Monetary investments 6 12,029 1,219 3,289 - From Investment properties Rent income 6 23,700 - - - Capital Receipts 7 - - - - Grants received 8 14,500 - - - Benevolent Fund 8 - - - - Other 8 219 - - - Total income 393,632 1,219 3,289 - Expenditure on: Ministerial Stipends, NIC & Pension 11 238,735 - - - Layworker Salaries, NIC & Pension 11 - - - - District Assessment 66,092 - - - Methodist Church Fund - - - - Circuit Events 12 - - - - Telephone, travel & administration 10 23,587 - - - Manse Insurance, Council Tax & Water 26,350 - - - Maintenance on manse property 20,737 - - - Expenditure on investment property 6 3,242 - - - Depreciation - - - - Youth work 13 2,090 - - - Other Expenditure 14 14,925 74 - - Grants and Donations 15 - - - - District Advance Fund levy - 649 - - Total expenditure 395,758 723 - - Net income before investment gains/(losses) ( 2,126) 496 3,289 0 Net Gains/(Losses) on Monetary Investments 17 - 506 0 0 Net Gains/(Losses) on property revaluation - - - - Net Gains/(Losses) on property disposals 16 - - - - Net incoming/(outgoing) before transfers ( 2,126) 1,002 3,289 0 Transfers between funds 23 - - - - Reclassification of funds - sale proceeds 24 - - - - Reclassification of funds - loan repaid 24 - - - - Net movement in funds ( 2,126) 1,002 3,289 0 Total funds brought forward 2,061,195 25,978 62,798 0 Total funds carried forward 2,059,069 26,980 66,087 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	6,500 - - - 336,684 - - - 12,029 1,219 3,289 - 23,700 - - - - - - - 14,500 - - - - - - - 219 - - -	6,500 336,684 16,537 23,700 - 14,500 - 219	6,520 314,618 11,214 18,425 - 14,500 - -
	393,632 1,219 3,289 - 238,735 - - - - - - - 66,092 - - - - - - - - - - - 23,587 - - - 26,350 - - - 20,737 - - - 3,242 - - - - - - - 2,090 - - - 14,925 74 - - - - - - - 649 - -	398,140 238,735 - 66,092 - - 23,587 26,350 20,737 3,242 - 2,090 14,999 - 649	365,277 221,208 - 66,096 - ( 216) 23,564 26,029 27,183 14,558 - 5,316 3,670 5,000 655
	395,758 723 - -	396,481	393,063
	( 2,126) 496 3,289 0 - 506 0 0 - - - - - - - -	1,659 506 - -	(27,786) ( 290) - -
	( 2,126) 1,002 3,289 0	2,165	(28,076)
	- - - - - - - - - - - -	- - -	- - -
		2,165 (28,076) 2,149,971 2,178,048 2,152,136 2,149,971 - - - - - -
		-	-

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Birmingham, Sutton Park Circuit 05/04

Balance Sheet as at 31 August 2024

General funds Unrestricted £ Notes	General funds Unrestricted £	Circuit Model Trust Fund Unrestricted £	Designated funds Unrestricted £	Restricted funds £	Totals this year 2024 £	Totals last year 2023 £

16	1,807,941				1,807,941	1,807,941
16					-	-
16					-	-
17		7,042			7,042	6,536
	1,807,941	7,042	-	-	1,814,983	1,814,477

18	27,435				27,435	24,794
19	19,537				19,537	40,757
19		19,938			19,938	19,442
19	244,671		66,087		310,758	291,960
	291,643	19,938	66,087	-	377,668	376,953

20	40,515				40,515	41,459
	40,515				40,515	41,459
	251,128	19,938	66,087		337,153	335,494
	2,059,069	26,980	66,087 -		2,152,136	2,149,971

21					-	-

	2,059,069	26,980	66,087	-	2,152,136	2,149,971

	2,059,069				2,059,069	2,061,195
23		26,980			26,980	25,978
23			66,087		66,087	62,798
23					-	-
23	2,059,069	26,980	66,087	-	2,152,136	2,149,971

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 - - - - -

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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.

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Birmingham, Sutton Park Circuit 05/04

				This year	Last year
				2024	2023
	£	£	£	£	£
	Unrestricted	Circuit Model
	Designated	Trust Fund	Restricted	Total	Total
4. Donations and legacies received
Donations:
Methodist Church Zimbabwe Fellowship UK	6,000			6,000	6,000
Methodist Diaconal Order				-	-
Sundry donations	500			500	520
Connexion use of manse for year				-	-
Total	6,500	-	-	6,500	6,520
5. Charitable activities - other
Assessments on churches	336,684			336,684	314,618
6. Investment Income/Expenditure
Interest and dividends	15,318	1,219		16,537	11,214
Rental income	23,700			23,700	18,425
Total Income	39,018	1,219	-	40,237	29,639
Expenditure
Agency Fees	1,132			1,132	1,162
Property Maintenance	146			146	12,191
Property Insurance	1,964			1,964	1,205
Total Expenditure	3,242	-	-	3,242	14,558
Net Gain on Investment	35,776	1,219	-	36,995	15,081
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	219			219	-
Total (Grants plus Other)	14,719	-	-	14,719	14,500
9. Payment to Trustees
(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				13	10
The expenses primarily relate to reimbursement for travel, postage and printing costs
Total amount paid				11,816	5,772
10. Fees for examination or audit of the accounts
Independent examiner’s fees (this year's estimated - last year's actual)				1,950	1,860
Other accountancy fees				nil	nil

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Birmingham, Sutton Park Circuit 05/04

11. Ministerial staff costs Gross stipends and benefits in kind Employer's Pension costs Employer’s National Insurance costs Apprentice levy Total costs Average number of full-time ministerial staff employed	This year 2024 £ 178,115 42,965 16,843 812 238,735 5.5	Last year 2023 £ 165,136 39,840 15,479 753
		221,208 5.5

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 £3,102 was prepaid in respect of the Ministers Pension scheme as at 31 August 2024 (£3,255 at 31 August 2023).

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 12 Circuit events Circuit Service Offerng Circuit Service Offering Other events and costs Total costs 13 Youth work Sub-contracted youth worship leaders Youth events cost Total costs 14 Other Expenditure Quinquennial inspections for churches and manses Birmingham Churches Together donation Lea Abbey board for Presbyter Kingstanding Kitchen Training Removal costs and allowances for incoming staff Other Trustees for Methodist Church Purposes Admin charge Total costs 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 Total costs	This year 2024 £ - - - - - - none - - - - - 2,090 2,090 3,300 1,095 - - 3,650 6,880 - 74 14,999 - - - -	Last year 2023 £ - - - - -
		- none ( 116) ( 100) -
		( 216) - 5,316
		5,316 2,016 716 - 864 - - - 75
		3,671 - - 5,000
		5,000

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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 Cost or valuation Balance brought forward Additions Revaluations Disposals Transfers between categories Balance carried forward Accumulated depreciation 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	Carrying Sale Revaluation Gain/(Loss) - - - - Fixtures, Assets Investment fittings and under Other Land Manses Buildings equipment construction Total £ £ £ £ £ £ 1,807,941 1,807,941
	- 1,807,941 - - - 1,807,941 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 2024 2023 £ £ 7,042 6,536
	7,042 6,536 6,536 6,826 506 (290)
	7,042 6,536

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
2024
2023
£
£
7,042
6,536

7,042
6,536
6,536
6,826
506
(290)

7,042
6,536

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Birmingham, Sutton Park Circuit 05/04

This year 2024 £ 18. Debtors and prepayments Pre paid stipends 20,498 Accrued income - Other debtors and prepayments 6,937 Total debtors and prepayments 27,435 19. Analysis of cash at bank Bank balance held in CAF Bank 19,537 Bank balance held in Central Finance Board, London (General,Employment ,Restricted) 310,758 Bank balance held in TMCP, Manchester 19,938 Total Cash and Bank 350,233 20. Analysis of current liabilities and long term creditors Accrued expenses 1,950 Assessments received from churches in respect of next year 37,894 Other creditors 671 Total Current Liabilities 40,515 21. Movement on Loans Amount New Loan Repaid in Source Purpose of loan b/fwd borrowings interest the year £ £ £ £ Methodist Chapel Aid Bridging Loan on manse - - - - Repayment due Within 12 months 31/08/2025 Between 1 and 5 years 31/08/2026 31/08/2027 31/08/2028 31/08/2029	Last year 2023 £ 17,813 - 6,981
	24,794
	40,757 291,960 19,442
	352,159
	1,860 37,575 2,024
	41,459
	Balance at year end £ - Totals nil nil

22. Capital Commitments and Contingent Liabilities

At 31st August 2024 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 General Fund (excl. Assets) Employment Reserve Circuit Model Trust (Int fund) Totals Monetary Circuit Model Trust (Invest't) Totals Including Investment	Opening Expend- Reclass- Closing Balance Income iture Transfers ification Balance 253,254 393,632 (395,758) - - 251,128 62,798 3,289 - - 66,087 19,442 1,219 (723) - - 19,938	Purpose of the fund General Circuit running expenses To help Circuit employment costs
	335,494 398,140 (396,481) - - 337,153
	6,536 1,086 (580) - - 7,042
	342,030 399,226 (397,061) - - 344,195

Restricted Funds

Fund Name None - - - - - Totals - - - - - Total of Unrestricted and Restricted funds excluding property Property - manses Total Funds	- - - - -	- -	Purpose of the fund
			none
		-
		344,195 1,807,941
		2,152,136

Transfers between funds

The reasons for the transfers were as follows: There were no transfers between funds during the year ended 31st August 2024.

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

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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 This year Methodist Property Fund Methodist Connexional Grants Team Methodist Church Zimbabwe Fellowship UK Total Last year Methodist Property Fund Methodist Connexional Grants Team Methodist Church Zimbabwe Fellowship UK Total	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 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.

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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

Signature of Treasurer Date 02 October 2024 ~~ae~~ Name Martin John Waller ~~| 7]~~ Address 27,Blackwood Road, Tamworth, Staffs. B77 1JW ~~Po~~ Presentation to the Circuit Meeting for approval. I confirm that the Accounts have been presented to the Circuit Meeting on 04 December 2024 ~~Po~~ and were approved. Signature of the Chair of the meeting Name of the Chair of the Rev Nickolas Jones meeting Date 04 December 2024 ~~[| |~~

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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

2024

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
PO
Signature
Relevant Professional
qualification or body Chartered Accountants
Po
Address
19 Highfield Road, Edgbaston, Birmingham, B15 3BH
Pp
Date 04 December 2024
----- End of picture text -----

Page 16 of 16

	Birmingham Sutton Park Circuit - list of Trustees Appendix A	Birmingham Sutton Park Circuit - list of Trustees Appendix A	Birmingham Sutton Park Circuit - list of Trustees Appendix A
	Those serving all of 2023/24 and up to 14/09/2024
64	Mr Steven Buck (Charities Commision Web-Site Administrator)
63	Rev Nickolas Jones 12-08-2022	50	Mr Kevin Clarke 23-02-2023
1	Mr John Robbins 16-10-2009	51	Mrs Diana Bosman 09-03-2023
2	Eur Ing Martin Waller 16-12-2009	52	Mrs Christine Chick 09-03-2023
3	Mr David Charles Andrews 16-12-2009	53	Mr Anthony Brown 18-05-2024
4	Judith Ann Stephens 16-12-2009	54	Miss Naomi Jones 19-06-2024
5	Mrs Margaret Henry 01-09-2010
6	Mr David Allen 08-09-2010
7	Miss Jenifer Hall 06-06-2012
8	Mrs Amanda Hume 11-07-2012
9	Mrs Julie Goascoigne 06-08-2012
10	Mr Giles Wheeler 23-04-2013
11	Mrs Catherine Ann Cole 28-04-2013		Those joining since 1st September 2023
12	Revd Dr Alan Smithson 01-09-2013	55	Rev Stephen Fletcher 07-09-2024
13	Mrs Marion Watts 01-05-2014	56	Mrs Jean Youdell 04-09-2024
14	Mr Benedict Adams 19-07-2014	57	Ms Anna-Kathleen Astin Miklasz 13-11-2023
15	Mr Grahame Tench 04-12-2014	58	Ms Mary McKenzie 08-01-2024
16	Mr Gerald Peel 01-09-2016	59	Dr Clive Thursfield 01-06-2024
17	Mr Peter Le Brocq 19-12-2016	60	Mr Daniel Mark Hurst 13-07-2024
18	Ms Yvone Huggins 06-01-2017	61	Mrs Lynette Jones 22-07-2024
19	Mrs Lorna Brown 23-04-2017	62	Rev Jennifer Parnell 01-08-2024
20	Revd David Hulme 01-09-2017
21	Deacon Marilyn Slowe 01-09-2017
22	Mrs Michelle Wheeler 30-11-2017
23	Mr David Bowater 01-04-2018		Those leaving since 1st September 2023
24	Mr Thomas Watts 01-05-2018		Deacon Rachel Thomas Prasad
25	Mrs Jennifer McGregor 14-06-2018		Mr Chris Shaw
26	Mrs Christine Rossiter 07-09-2018		Mr Peter Cashmore
27	Ms Christine Mary Blake 05-03-2019		MrDerek Wright
28	Mr Anthony Lawence Wilkinson 12-06-2019		Mrs Sheila Dennis
29	Mrs Noreen Marshall 17-10-2019		Mt Chris Newson
30	Mrs Kathleen Matthews 29-10-2019
31	Mrs Carole McSheen 01-01-2020
32	Mrs Carolyn Humpherson 18-04-2020
33	Revd Emily Young 20-08-2020
34	Mr Peter Johansen 02-10-2020
35	Mrs Maxine Hay 02-10-2020
36	Revd Dr Jimmy Dube 05-11-2020
37	Mrs Jenny Wilkes 10-03-2021
38	Mrs Alison Burland 29-04-2021
39	Mrs Frorence O'Connor 06-06-2021
40	Mr Peter Vaughan White 06-06-2021
41	Miss Deborah Majola 16-06-2021
42	Mr John Harden 16-06-2021
43	Mr Nick Riley 11-09-2021
44	Miss Imogen Clarke 06-12-2021
45	Mr Christopher Seeley 29-03-2022
46	Mr Thomas Clive Williams 09-06-2022
47	Mrs Julie Ann Read 09-06-2022
48	Rev Freddy Takavarasha 11-08-2022
49	Mr John Butler 21-09-2022