OpenCharities

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

2023-08-31-accounts

ntroduction
we ara Inthe Beds, Essex and Herts District which comprises 12circuits in those 3counties. our circuit Is
called St. Albans and Welwyn
and covers an area ofmid-Hertfordshlre,
and has 9 churches:
Hatfield
Road
and Marlborough
Road in St. Albans; Birchwood and Oxlease in Haffleld,
Dlgswell Village, Ludwlck Way,
Panshanger
In the Welwyn
Garden
City area; and stJohn's Potters Barand Radlett
In the Hertsmere
area.
Shenley has become a 'class' ofStJohn's Potters Barand all financial and property
matters are managed
by St
John' s.Two ofthe circuit churches are part ofecumenIcal
partnershipsr
Radlett
(with the United Reformed
Church) and Panshanger
(with the Church ofEngland, the United Reformed
Church and Baptist Church).
Alms and organlsatlon
The Mission of the StAlbans and Welwyn
circuit isto reveal the Kingdom ofGod through
the Methodist
people and theIr ecummenlcal
partners across Central Herffordshire.
We aim to do this through the Holy
Spirit in the worship ofGod, building
up the church, making disciples ofJesus Christ and transforming
society
by working for)ustice, peace and unity.
Review ofthe year
The year began with the arrival ofthree new ministers
in the circuit which generated
some fresh approaches
tothe work ofthe circuit. During the year, the circuit increased
its focus on the review and development
of
the vision and plans for growth ofindividual
churches
and the circuit as whole. All churches
have been
encouraged
to consider their current activities and ask the question about what sort ofchurch they expect or
want to be In 5years' time. This includes an appraisal ofpeople, property
and financial resources. The circuit
has also spent time planning
a significant
Increase in safegardlng
training for all those indWlduals
In roles
connected
with children
and vulnerble
adults and this training
is expected to continue for some time. Services
ofworship continue at all churches,
with three providing
on-line access during worship
and the option to
view ate later time. Most church and circuit meetings are held
In person, but appropriate
use ofzoom
Income trends
Church membership
numbers
have fagen
In most churches,
pertly a reflection ofan ageing profile but also
because oflimited
new growth. This has affected the level ofgiving and all churches are significantly
reliant
on letting Income to maintain
their financial position. Two churches were given specIRc financial support
through the reduction oftheir assessment
contributions.
The Allandale
manse
in St Albans was let In February
on a 12 month tenancy and this provided
additional
income during the year.
Expenditure
trends
Stlpends Increase each financial year as directed by Conference.
The circuit contribution
to District and Connexion to fund the wider work ofthe Methodist
church was 1796of
circuit expenditure.
The Allandale
manse was substantially
refurbished
at acost ofE33,000and the Gainsborough
manse
in 5t
Alba ns was prepared forthe arrive Iofthe new minister
and family
in August 2023.
Reserves
Asat31August 2023the net assets ofthe Circuit
excluding
property,
represented
approximately
5months
cover for budgeted
expenditure
In terms ofthe Circuit's reserve policy set out later in this report.
Plans for 2023/24
The circuit staff reduced to4ministers
from 01.09.22 and this stafifng level Isexpected forthe next few years.
The circuit property at Allandale
ls expected to be letfortha forseeable future, and certainly throughout
the
year 23/24. This Income will assist the ministry ofthe circuit and churches.
The 2023/24 budget has been prepared
on the basis of3presbyters,
adeacon and a part-time
administrator,
with Inflationary
cost increases. Assessments
from churches
have generally
been held at 2019/20 levels but
we have begun a review ofthe level and share ofassessments
to reflect an up to date position, with revised
contribution
figures expected to come Into place in 2024/25

Name ofarcult StAthens Name ofarcult StAthens Name ofarcult StAthens end Welwyn end Welwyn end Welwyn end Welwyn S'tAlbum arid Welwyn Cll'cuit Number 34/13
Statement of Flnandal Actlvltlrn (SOFA)forthe year ended 31August 2028
vr
Income end Etulowments from:
Donations
and legacies
Charitable
activities
Assessments
or share
270,474 270,474 276,890
Other trading activities
-Lettin 11,119 7,5CO
-Mlscageneous
invwrtments 5,116 314 5+30 1,801
2270 2 270
Total 314 2952L52
dlture on:
Sti ends
salaries, NIC &
Pension costs 161,616 161,616 165,766
District Assessment 53,644 53644 57,068
Methodlrt
Church Fund
Telephone
ILtnwel
11,606 11606 9,796
Insurance,
utgltles, etc
19,746 19,746 17 32
Maintenance
on menses
20,193 47~
Ex
ndlture on other Circuit
prone 33,081 33,081
D
ation
Provisions
Other
endlture
Grants and
Donations
6700 6 7CD
Contributions
to District
Advance Fund 1828 1,828 3,155
Total 324,408
Net income/
ndltura)
-S7756 -39,478 -28457
Transfers between funds
-39390 -39,478 -28,557
Other reco
Ised gains/
)losses:
Gains/(Losses)
on revaluation
offixed swats 77,197 77,197 336DCO
Gains/
Locsac on Investment
assets -3,3D2 -3&2 -12,647
Actuarial gains /(losses) on defined benefit
penslorl schemes
Net movement
In funds
34rl17 294796
Aecuncgladon
offunds
Total funds bro
ht forward
4,S99,184 10962 489 4,710,635 4,415,839
Total funrb carried forward 202174 4,745,032 4,710,635
ForInformation
only Money
received end passed on to Exterrw IOrgenba tions
Bamnce brought forward from last year
Offerings/Gifts
~received
for External Organlsatlons 320
Offerings/Gifts
-passed
to External Organlsatlons
Balance carried fonvard
StAlbans and WeIwyn Circuit StAlbans and WeIwyn Circuit StAlbans and WeIwyn Circuit
Balance Sheet es at31August 2023
Unrestricted Circuit Modal Designated Restrbtsd Totals this year Totals Inst year
Trust Fund
(Unrestrkted)
8
Tangible FIxed Assets
Notes
LandlkBuBdln
s
3755781 3,755,781 4,541,000
Equipment
investment pro artist 862416 862,416
Investments 58,874 58,874 62,176
Tatalflxed ornate 4,677,071 4,677,071 4,603,176
DebtorsandPre
a ments
14 14,977 14,977 13,432
Loans b
Circuit
Trustees for Methodist Church
Pu
uses
de oslts 10874 10,874 10,962
Central Fhanca Board De oslts 103 09 103209 132163
Cash at Bank and In hand 13,874 489 14,163 17,532
Total cunent assets 10,874 143,223 174,089
ra
ra an
ccrua
us
n
Urldar 1 15 60 42 60,242 45,980
Net current assets (Ihbgltlesf 71,618 10,874 489 0 82381 128,109
4,748,689 10,874 489 0 4,760,052 4,731,285
Loans and creditors due attar 1
yes I'
Provisions for
Babgltles
and
charges 16 15,000 15,000 20,650
Netassats 4,733,689 10,874 489 0 4,745,052 4,710,635
Funds ofthe CircuIt 17
Unrestricted funds 4,733689 4,733,689 4,699184
Circuit Model Trust Fund
Unrestricted( 10,874 10,874 10,962
Rectrlctad funds
Endowment funrb
Total Funda 4,733,689 10,874 4,745,052 4,710,635
There are no internal
orasnbauoru
that report to tha circuit Msstlns.

arcult Madel 2D25 1022
2.DOROGons and legacies Trmt Fund ToteI TotsI
Donations 250 250 660
S.Asssssmanla
Nallhclounh
Road 6t Altons
79,854 M,OOO
Hawald Rrau, StAeons 52,800 52,800
Radatl 16,000 26,000
SlJehll II Pctwla Bar 65,400 65,400
3,240 3340
Lucwick Vyay lflhfvnn
Garden
Oily 19,2IXl ld,000
Cscsass Haulsld 13,000 18,450
Dfgswea lmfana
Patnhaossr
ILEP]
270,474 276/f90
4Iattlrlgs
Agendale
- rent less costs
21~ 0
Baker Street- temporary- In vacancy 11,119 7~
5 Nvastment
Income
CFBCorporate band fund 1,636 1,636 1,118
Interest 3,480 314 3,794 633
5116 314 0 0 5,430 1
1
Gother income
District grant - work etSt Albans manas 2,270 0
District 295of Deacon's stipend 0 9/MO
7.Paid employees
Gross salaries and benefits In kind 121,424 126A34
Employe/a
natonal
Insurance
cost 10,658
Pension costs 28975 28,751
Apprentice
IOW
Total staff cost 161,616 165,766
Average
number ofstaff
Administrative
assistance
Is Indudad In employment costs.
S.Grants snd denatfens
Benevolent
fund
0 1,COO
Hstffeid Road-buDdfng
alterations
8,000 0
Hatfiald Road- a/v equipment -excess written back 0 -1,070
Hetlield Road - chlfdrens woker- scorns written back 0
Unmsnldsd
funds
6,700 -70
Dmfgnoted
ftlrld lrr molttory ofRobin
Robsrm
Church bible and contribution to mission costs 0 414
6,700 344
IL Poymallt toTrvrstoaa
Payments totrustees for administration services prevlded tothe Circuit by
egmement
with the arcuh
Meeting. 10,266 21376
Number oftrustees paid travel expenses and other sundry items
Total amount
paid
10466 11376
10.Feesfar ewunlnatlon ofthe accounts
Audit 2022/23 4/kfo 0
Audit 2021/22 unde rprovlskm 800 0
Audit 2021/22 0 4/He
Audit 2D20/21 overprovision 0 -500
Provision for audits for 2016/17to 1019/20not required 0 -1000
5,600 2300
Other fees Nl Nl
St Albsns snd Albsns snd Albsns snd Weiwyn Weiwyn Clrcuh Clrcuh
11tend a bugdlngs 2D22 Transfer Revaluation 2029
Manse», at estimated
open market
value
41Cubltts Close, Dlgsweg 12@50 681,390
9 AD and ale, StAlbsns
16Galnsborough
Avenue, StAlbans
848/700
1220,000
-848,000 20~0 0
1~~0
67Baker Rresk Potters Bar 1~6,000 18/m2 1A24,802
8Chipmunk
Chase, Hstfleld
707/Rm 12,019 729/)19
4A41,000 -848,COO 0 62,781 3,755,781
12.bwestmant
propertv
At estimated
open markec value
9ARsndala, 5tAlbans 0 84S OOD 33081 -18665 862/I16
Notes 11snd 12.Ifs manes or Invsstmsnt property is sold a ~Ignlgcsnt part of ths
proceeds may have to be paid to other bodies within the wider Meth ed fat church.
During 2019/20 the drcult received adistrict grant of E20,000towards the cost of alterations at Chipmunk Chase.
During 2022/23 the circuit received sdlstd*grant of 52770 towards the costefalterations st Galnsborough
Avenue.
These grants may be repayable Ifthe manse fssold.
19lrlvestnrerlts
Central
Finance
Board Corporate
Bond Fund - 50 797units et market value 58,874 62,176
1ILCurrent ~asets
Debtors and prapayrnsrus
Prepaid stlpends 1S,477
Other t„rgm
13,432
15.Currant
geblgdes
Assessnwntc
In advance
Grants accrued
-due Zr!3/24
19586
23,COO
20,420
11~
Other sccruals 17,656 13
60,242 45,
1ILinane snd creditom dua sftw 1year
Grants due after 1year
MRMC/HRMC
Sagsbury Vglage mission-3
years from 1924 15,000 20,0CO
Hatfleld Road - fern
gy and youth
worker due 2023/24 0 650
15@00 20,650
1ILDataged analydc ofktdhddual fund movements
Vnrestdcted
Funds
Opening Expendhxre Revaluatkms
Balance
General 4 6991&4 289+29 326985 732m5 4,733,689 General drcult purpose&
Circuit madel trust fund 10962 314 2,036 1634 10/I74 Unrestrfcted
Total 4,710,1 73/F35 4,744
63
Designated
Fund
In memory of H Roberts 0 0 0 48 Tobe used "for the
Ludwlck Wav Methodist
Church, If appropriate

IRC IT CHURCH
REPRESENTATIVES
CHURCH
REPRESENTATIVES
CHURCH
REPRESENTATIVES
Blrchwood Methodist
Church
Oxlease Methodist
Church
Ggl Demlanyk Hetel Laming
Valerfe Chapman Pretty Nklwa ne
Dlgsweg Village Church Addy Olubajo
Diana Holt Panshanger
Church
Mike Peacock Louise Bowmen
Jane Lewis Stuartlohnson
Hatfield Road Methodist Church Radlett Free Church
Denise Wlglngham Tony Ostler
Eric Bridgstock Shirley Herbert
Joanna Rose StJohn's Methodist
Church
Ludwlck Way Methodist Church Myra Sloper
Tony Stubbs Robert Ward
Bob Cameron David Bowler
Marlborough
Road Methodist
Church Shenley Methodist
Church
Carl Meredith Yvonne Perry
Ann Scorer Louise Bourton
Janls Gilbert Journey Ught
Chris Hancock