2023-08-31-accounts

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

Northampton District Hinckley Circuit 23/11 www.hinckleymethodistcircuit.org.uk

TRUSTEES ANNUAL REPORT TO THE CIRCUIT MEETING

of

12[th] October 2023

held at Hinckley Methodist Church

Statutory Details…………………………………………………………. page 3 Structure, Governance and Management…………………… page 5 Objectives and Activities…………………………………………….. page 7 Achievements and Performance: Senior Circuit Stewards report …….……………………..………. page 9 Local Preachers Report ………………….……………..…….…….. page 10 Children and Families Ministry Report …….….………….…… page 11 Youthwork Report ………………………….……………………….….. page 14 Safeguarding report ……………..…….………………………………. page 16 Manse report ……………………………………………………………… page 17 EDI Report …………………….………….………………………………… page 18 Financial Review …………………………………………………………. Page 19 Circuit Reserves Policy ………………………………………….…….. page 20

TRUSTEES ANNUAL REPORT FOR THE PERIOD

1[st ] September 2022 to 31[st] August 2023

Statutory Details:

Charity name: Hinckley Methodist Circuit

Registered Charity Number: 1134382

Registered Address: Circuit Office Earl Shilton Methodist Church Wood Street Earl Shilton LE9 7ND

Charity Trustees who manage the charity:

----- Start of picture text -----
Rev Dr Timothy Woolley Superintendent Minister
Rev David Haseldine Minister
Rev Patricia Mukorombindo Minister
Mrs Sheila Grice Senior Circuit Steward (Sept – Feb)
Local Lay Pastor (March – Aug)_
Mr William Taylor Senior Circuit Steward (March – Aug)
Steward responsible for Finance
Mr Arthur Bennett Circuit Steward
Mr Neville Spark Circuit Steward
Mrs Rachel Cobb Circuit Steward
Mr Michael Holt Circuit Steward, Manse Steward
Mr Adrian Stone Circuit Steward
Mrs Judith Cooke Local Lay Pastor
Mrs Anne Haddon Local Lay Pastor
Mr Colin Haddon Local Lay Pastor
Way Ahead Champion
----- End of picture text -----

Appointing body : Circuit Meeting

The Charity Trustees are the Members of the Circuit Meeting, comprising the following officers and elected members, when such persons are members of the Methodist Church of Great Britain: Ministers Local Pastors Supernumerary Ministers Persons Authorised to serve the Circuit Circuit Stewards Circuit Treasurer Secretary to the Meeting Local Preachers Meeting Secretary Circuit Missions Secretary Safeguarding Officer Circuit Property Secretary / Manse Secretary Lay Workers Representative Additional Members: In addition to the Treasurer and a Steward, further representatives elected by each church council in numbers specified by the Circuit Meeting, currently Membership under 50 2 further representatives Membership 51 – 100 3 further representatives Membership over 100 4 further representatives Ministers and Circuit Officers are appointed by the Circuit Meeting. Details of current trustees can be found in our charity details on the Charities Commission website

Property Trustees: Trustees for Methodist Church Purposes Central Buildings Oldham Street Manchester M1 1JQ

Bankers: Co-operative Bank PLC, Central Finance Board of the Methodist Church

Independent Examiner: Mr David Briscoe, AIMS Accountancy

Structure, Governance and Management

The Hinckley Methodist Circuit is part of the Methodist Church of Great Britain and as such is governed by the Constitutional Practice and Discipline (known as CPD) of the Methodist Church of Great Britain.

The Hinckley Circuit oversees and supports the work and mission of nine Methodist Churches in the following localities: Barwell, Burbage, Earl Shilton, Higham, Hinckley, Newbold Verdon, Sapcote, Sharnford, Stapleton, Stoke Golding, Stoney Stanton. Sharnford Methodist Church ceased to be a Society in February 2023, with members now attending Sapcote Methodist Church or St. Helens, Sharnford.

The Northampton Methodist District oversees and supports the work and mission of the Circuit.

The Circuit is staffed by two full time and one part time presbyters, who are aided by four Local Lay Pastors, and ten active Local Preachers.

During the year, the Circuit has employed lay workers in two administrative and two missional posts.

Administrator (part time) Finance Officer (part-time, appointed July 2023) Youth and Communities Work Team Leader (full time) Children and Families Community Worker (part time)

In May 2023 the Circuit employed a Manager and Assistant Manager for the CAMEO café in Stoke Golding Church.

Ministers are supported by the Circuit Stewards and Lay Workers by a Line Manager or Support Group

The Circuit Meeting takes place twice yearly in September and March, plus any extraordinary meeting if required. Day to day management of the Circuit is undertaken on behalf of the Circuit Meeting by the Circuit Leadership Team meeting approximately 6 times a year, comprising:

Superintendent Minister (Chair) Ministers Circuit Stewards Local Lay Pastors Youth and Communities Work Team Leader Children and Families Community Worker Way Ahead Champion Circuit Administrator (minute taker)

Objectives and Activities

The Mission Statement of the Hinckley Methodist Circuit (2015) is as follows:

HINCKLEY METHODIST CIRCUIT – MISSION POLICY

We are called as Methodists to be a people who express and experience their interconnection in the Body of Christ, for purposes of mission, mutual encouragement and help (Standing Order 500), to share “scriptural holiness” and the radical life-transforming Gospel of Jesus Christ.

The vision of the Hinckley Methodist Circuit is ‘To make and grow disciples of Jesus Christ’

everything which we aspire to do needs to have this vision as the goal.

We will strive to be :

A mission focused church outward and forward facing. Actively and positively involved in the life of the community. Encouraging a wide use of our premises Having a sense of Circuit and shared mission.

Encouraging ecumenical links and a sharing of resources.

OUR PRIORITIES CONTINUE TO BE

WORSHIP

A sufficient number of suitable premises to enable people across the circuit to worship in a variety of styles

LEARNING

To encourage opportunities for learning and to grow in discipleship

CARING & SERVICE

To develop resources to care for church members and the wider community. EVANGELISM

To equip and empower people to live lives where the love of Jesus shines through.

We will continue to develop our Mission Document (February 2015) and to encourage our various congregations to discuss and take action on the “Five Practices of Fruitful Congregations” (Robert Schnase).

Trustees have had regard to the guidance issued by the Charities Commission on public benefit

In order to achieve the principal objective above, the Circuit provides a variety of activities both to its membership and to the community generally. Central to the work and witness of the Circuit is the provision of regular public services of Christian worship. These services usually take place each Sunday. There are also occasional services midweek. Examples are carol services, prayer breakfasts and café worship. The churches seek to be a friendly and welcoming community and anybody is free to attend these services.

Some churches provide a full programme of children’s and family-based activities during services, and to the wider community through Messy Church and Holiday Clubs. Four churches in the Circuit are home to Scout and/or Guide groups. Our missional workers are active on Social Media and through a number of local initiatives including Community Choir, Baby Basics, refugee support, school assemblies and youth support groups in schools and the community.

The Circuit places an emphasis on youth work in the towns and villages served by our churches, employing a full time Youth and Communities Worker to plan and oversee youth work and outreach work amongst young people in the community. The Youth Team comprising a full time employed Youth and Communities Work Team Leader and volunteers works closely with local schools, Barwell and Earl Shilton Street Pastors, and the Northampton Methodist District.

Youth work includes information and advice to young people on issues such as drug and alcohol dependency, partnering with local schools and other local support agencies.

Eight churches provide opportunities during the week for local residents to meet and socialise via coffee mornings, mens breakfast, craft groups, lunch clubs etc. Those churches with hall facilities provide a venue for a wide variety of community groups, with four churches in the Circuit providing accommodation for playgroups during term times. A number of our smaller village churches have held Flower Festivals and Harvest Festivals open to visitors. Stoke Golding Methodist Church opened the CAMEO Café in May 2023 which provides a much needed meeting place and community hub for the residents of Stoke Golding and the surrounding area.

The circuit acknowledges the invaluable contribution of its many volunteers to its work and mission.

Achievements and performance Individual Reports

SENIOR CIRCUIT STEWARD’S REPORT

The last six months have seen many changes for our Circuit. At the end of July we said goodbye to Reverends Tim and Dave and families at a joint farewell service in Burbage, and a month later we welcomed Reverend Andrew and his

family at a Circuit service in Barwell. Both events were well a�ended and an opportunity for the Circuit to come together and give thanks to God, as we reflected on how He has guided us in recent years and look forward to His provision for the road ahead.

Chris Newlyn, our Youth & Communi�es Leader, has responded to God’s call in his life

to enter a Youth Custody role in the Prison & Proba�on service, reloca�ng at the end of September. We will miss Chris greatly and are hugely apprecia�ve of his �me spent in the Circuit, with everything that he has helped us to achieve over the years, but know that his gi�s of encouragement, innova�on, compassion and energy will stand him in good stead for his very worthy calling. We wish him all the best and know that our loss will be the Proba�on service’s gain.

At our mee�ng last Autumn a proposal was made for the Circuit to employ a part �me Financial Officer, to have responsibility for the Circuit’s bookkeeping and accounts, giving Chris Bacon more �me to devote to administra�ve support. Our prayers have been answered, and in June Lucy Lowe was appointed to the role, working in the Circuit office on Wednesday mornings. We thank Lucy for taking on this important job and support her as a member of the hard-working office team.

We are also pleased to welcome Rosemary Bradburn to the Circuit Steward’s team, replacing me as I stand down. Adrian Stone is officially taking over as Senior Circuit Steward, although I fully acknowledge that he has already been carrying out many of the tasks involved in this role. I am immensely grateful to him and the Circuit Leadership Team as a whole for the way in which they have

rallied round to support me at a challenging �me due to a family health issue, bearing the weight of added responsibility to help me at this �me. I must also offer thanks to Adrian for agreeing to take on the Circuit budget going forward – this is a challenging but important part of the running of our Circuit, and I know that he will be more than up to the task!

There have been many reasons to rejoice in recent months. The CAMEO Café at Stoke Golding is providing a friendly space for people to meet, and the exci�ng hall refurbishment project at Earl Shilton has now begun. Churches are con�nuing to consider the Way Ahead and reaching out to their communi�es in a variety of ways. Seeds are being sown, and I believe that we are already seeing fruit. Ini�a�ves such as the Community Choir and Puppet Ministry are bringing people together who may not normally enter a church building. There are challenges – there are always challenges – but these can be the way in which God moves us forward.

I would like to extend my hear�elt thanks to the Circuit for your con�nuing support and prayers for me and my family. It has been a privilege to serve as Circuit Steward and I look forward to seeing what God has in store for our Circuit in the years ahead.

6[th] September 2023

Will Taylor Senior Circuit Steward

LOCAL PREACHERS REPORT

Circuit Tutor

Dr. Miriam Gill and Reverend Kathryn Cook from the Leicester Trinity circuit have been appointed as joint Local Preaching Tutors for the Hinckley circuit. They have taken on the role now that the previous circuit tutor, Rev. Dave Haseldine, has left the circuit. We give thanks to Rev. Dave for the immense amount of work he undertook as circuit tutor. Dr. Gill and Rev. Cook will tutor Jennifer Baker, who is On Trial. It has not yet been decided whether Karen Berry, who is On Note, will join the District Tutor Group or be tutored by Dr. Gill and Rev. Cook.

The Plan

Our thanks to Colin Haddon who puts together the Circuit Preaching Plan for each quarter. During the July to September quarter supernumerary minister Rev Stephen Hoggar filled six appointments on the plan. His contribution is greatly appreciated, especially during the change from three ministers to two ministers in the circuit.

Readers

We send our condolences to Pat Fisher on the death of her husband Andrew. Pat will not be leading any more services during 2023.

We welcome Charles Davies back onto the Plan now he has recovered from his surgery.

Keith Ware Local Preachers Secretary

Children and Families Ministry report

Once again it has been a blessed and busy time. There have been so many opportunities for mission and outreach within our communities and churches.

MESSY CHURCH continues to run in Burbage, Stoke Golding and working ecumenically with churches in Newbold Verdon.

Stoke Golding – This continues to be busy and thriving within the community of Stoke Golding

HINCKLEY ALL AGE COMMUITY CHOIR

Since opening in September after the summer we have had 43 people attending choir rehearsals. The choir is a mixture of those in the community and those within our circuit. We were involved in the Easter Jubilation service, and we are looking forward to learning Christmas songs. We meet every Tuesday evening at Hinckley Methodist Church during term time, 6.25pm – 7.30pm and tea and coffee are served afterwards.

BABY BASICS - Hinckley - This is a circuit mission outreach project, based at Hinckley Methodist Church and we really appreciate the space.

So far this year we have been able to support 33 families with toiletries, Moses baskets, nappies, clothes and books for their newborn babies. This is almost double the number we helped in the whole of 2022. Referrals come in every week, and we are very busy.

If your church or somewhere in your community would like to be a drop off point for donations, then please do contact me.

We have fantastic volunteers who come and help to sort all the donations, some volunteers are from our churches, and from the community, and we appreciate all they do.

SCHOOLS – PRAYER SPACES

Prayer spaces will run in September in Sharnford Primary School and All Saints Primary School in Sapcote. I will be attending a Prayer Space day for the Diocese in Hinckley in November along with the Headteacher of All Saints to talk about what impact prayer spaces is having on the children. I will also be running a prayer space for St Margaret’s school later this year.

TOTS and TOYS at Hinckley Methodist Church

This is a thriving mum and baby group and is enjoyed by children and parents. We said goodbye to some of the children before the summer as they will be

starting school in September. It is a good way to get to know the parents and to talk through the struggles and joys of parenting.

BARWELL LUNCH CLUB FOR FAMILIES

This is a successful way of out reaching to the community of Barwell, families attend an afternoon of fun. There are crafts and games available for the children attending and everyone receives lunch.

PUPPET MINISTRY

This continues to be a growing and exciting new ministry, I put in an application to receive a start-up grant from the district for money to purchase new puppets and a new puppet stage. This has been accepted and we will be receiving £800, which is fantastic. The only condition is that I ask the circuit to put £200 pounds towards this ministry. The puppet team has three bookings at various churches over Christmas. If you would like us to come to an event or a church service, then please come and speak to me.

Thank you once again to all those that support me and my work as I continue to look for those God opportunities where we can outreach and share the wonderful love of Jesus. Also, if you see an opportunity you would like to explore do come and talk to me about it.

I will be starting my second year of training soon and I appreciate all those who support me on this journey. I ask for your prayers as I continue to juggle family life, work commitments and studying.

Every blessing

Claire

hinckleyfamiliesworker@gmail.com

Children and Families Community Worker

YOUTH WORK REPORT •YouTH& I COMMUNITIES CIRCUIT REPORT SCHOOLS WORK EARL SHILTON YOUTH Mgntcrflry IK bogn IM)Pp{ al Jwt beforo summer Eorl Shllton Ywth Heath tone Acvlng to please woy iP¥Jt ycwry poopkn TAI rn mor• of Gocf# for CAMEO CAFE BARWELL FAMILY LUNCH CLUB s b8en great to b8 Fxyt ol com) erthe 8umrn vo tyoJnd 60 Cafe oTrJ see rt so $Y rth)w, cldren o¢hJrts for tyJr tenth It8• in Stce Gobjing ond ocross th8 Circuit Well <k)n8 to cost, con floss orxl of lun everyore %trYg rrode rt fKJppen. arKI lood ¥11 thJn• to the te(xn lty pknose keep wting Itl ttiry C Such o great event oThJ ¢tinU1 to tt* gop tel1 families and the Chcl[ 14

THY KINGDOM COME B•tween Ascension arKI Pentocost woyod for transf0ml)n in our comrnuniti•s in a numbw ol wJy& W• hryj lour prayor pilgTifT¥Jg05 bgtwggn our dlfferent churcw on intefoctiv? proyer spoce Set up fof 3 doys ond tin$ of prayer on zocm. It greot to locus our$ve$ on ccffinectirKJ with Go TASTE & SEE11 PRAYER WALK TO THE PUB Claire myself Id o Taste a1 Soe Picnic ot 8urboJe Corrn)on In August thinkiry obout GCAY yovide$ for us os wetl as nature. A lew ol us Mode our w(ry frn Sopcote to Shamfixd 0Y1ra ICY COMMll185 and finishiThJ with a drink together. A VISIT FROM ALI We Vlpre rocenty oL4e lo Spend 8onw time al C(WTW ¢afe Eorl h(xl b¢en on asylum wek8r in Eorl. R ¥4$ grgot lo sh)w him ¢xrtC4Th 01 the %4tyk he'$ startéd (rt tho calè and to hcw hè %4vs VttirrfJ M $inee rrowng <May. ,8 b•ry Involb•d In ¢1¢h In Wisb•ch t#Jt ho8 been mtssirrfJ church Iri•TrJs hwe gr•oty. FIRST AID COURSE from acrogs thg Cifcuil took part leorrd vltal •mefgew skllls and I Ayne jh$ (lory th• woyl A NEW CHAPTER rvè m¢)vèd on from Circult ¥w)rk to a nthv rol• 01 H Mojestys Y(Nd Offèrths Insi1tut in Werrington working with 15-18 yeoi old'$ in custody. Pleose lor great Okyortur In thls new robe ond woy lor the Circuit Leodgrship Team os (lscem Pw)w to mov Iop•4Qfd$ to continug miuion orn(ry wung orKI in comrNnitKw. Thank you so rnh for all YO WFVYt TK4rking with m• ar%d your enthusiasm lor rnissioni W*rfngton Chrls N•wlyn 15

SAFEGUARDING REPORT – September 2023

We have continued to deliver the Creating Safer Space Foundation module in both online and face to face formats, in collaboration with the Loughborough, Leicester Trinity and West Leicester circuits. Continuing thanks to Colin Haddon who has organised and delivered training locally. The requirement is that training is undertaken every 4 years. We will be running further sessions so if you or your church teams do need to attend please inform Chris at the Circuit Office so that you will receive invites as dates become available.

The Advanced module is now also available online so please contact Chris if you need to do this training. It is a requirement that all active ministers, local preachers, worship leaders, circuit safeguarding officers, those in paid employment involving work with children or vulnerable adults, and a number of other specified groups must attend the Advanced Module. All Advanced module course participants are required to have undertaken Foundation Module training since 2016 or the previous leadership module before attending the Advanced module training. The Advance Module content is currently being revised so anyone who has undertaken Advanced module training since 2018 is advised to wait for the updated version to be available before updating

Since our last report we had undertaken a safeguarding audit across our Circuit as part of a wider District project. Generally, we are following our policies and procedures but will be having discussions about areas for improvement which include data protection, website updating, fire drills, and consistency regarding risk assessments.

We are also part of a District pilot of the Discrimination and Abuse Response Service (DARS). More information is available at https://www.northamptonmethodistdistrict.org.uk/safeguarding67901/dars/ or by contacting me.

We would like to remind you that it is Methodist policy that renewals of DBS checks should be carried out every 5 years, unless as a result of a role change, a higher level of check is required, in which case a new DBS check must be sought, usually by approaching your church safeguarding lead.

I will be attending the District update for circuit safeguarding leads in the very near future so will pass on any relevant updates as needed. Please remember that the District Safeguarding webpages are regularly updated and can be accessed at - https://www.northamptonmethodistdistrict.org.uk/safeguarding67901/northampton district-safeguarding-/

Nigel Scarborough Circuit Safeguarding Lead

Tel - 01455618739/07305006031 nigelscarborough@hotmail.com

MANSE REPORT

Barwell -Holly Lane

The Manse has had a major upgrade ready for the Ministerial change. A new front door has been installed, fitted wardrobes to main bedroom and a refurbishment to kitchen currently in hand. New carpets have been laid in four of the bedrooms and all upstairs rooms have been decorated and the wood glossed. I must express my sincere thanks firstly to Dave and Sarah, who allowed me access to the Manse for contractors to fit wardrobes and door plus measure for carpets and kitchen. I would also like to thank my team of painters, decorator, electrician, and maintenance team who worked tirelessly for the best part of a week to get the work finished in time for Andrew and Liz to move in. Thanks could not have done it without you. During the decorating period we also had the quinquennial inspection. I am pleased to report no urgent actions necessary and within next twelve months mortar filets to east side extension gable and clean plastic gutters.

Hinckley -Kirfield Drive

This Manse was fully upgraded when Patricia arrived and is generally in good repair. Outstanding issues include replacing the damaged floor covering in the kitchen and utility area. This is in progress and will hopefully be resolved shortly. The office is reported as cold in the winter and the gas engineer will look at this when he does his annual certificate in November, to see if we can improve the situation.

Hope to carry out an inspection of the Manse before the next Circuit meeting.

Burbage -Westminster Drive

The manse was finally vacated in mid -August. Colin Haddon, Adrian Stone and myself, carried out and inspection at that time to determine that state of the property and what work was needed to bring the property up to saleable standard. We also had a surveyor to visit and report in line with Methodist policy and Castle’s Estate Agents to value the property. Unfortunately the property was not vacated and left in the state expected by the Methodist Conference and a large amount of work is needed to bring it up to standard. The new valuation indicated a reduction from the valuation last October when it was valued at around £350-£375k. The new valuation is between £300-£350k. Work is ongoing and hopefully I will have better news by the meeting. My sincere thanks to Colin and Ann Haddon, David Black, and Adrian Stone for their help.

Gas certification will take place in November.

Michael Holt Circuit Manse Secretary

EQUALITY, DIVERSITY AND INCLUSION (EDI) REPORT

Financial Review

General Summary

Funds

The Circuit does not seek to fundraise outside of the Church Membership. The main income of the Circuit is from the Churches via the Circuit Assessment. The Circuit Assessment is reviewed annually and covers the costs 1a to 1c of the Circuit Reserves Policy. The Circuit contributes to the expenses of the Northampton District via the District Assessment.

Throughout the year the Circuit financially supports a number of Connexional and Mission (home and overseas) funds. Individual Churches hold a variety of one-off and regular events to support local and national charities.

Some of our work is only possible through the provision of grant funding and donations. These funds are separated in the accounts and shown as restricted funds. 25% of salary of the Youth and Community Work Team Leader has been funded this year from sources outside the Circuit in recognition of vital early intervention work being done amongst vulnerable young people in local schools and in the community. This funding comes from local businesses and community organisations, local government, schools and private donations.

The remaining cost of Youth Work which includes specific mission activities, are funded by contributions from the Circuit funds and the Circuit Model Trust Fund.

Children and Families projects have been funded by grants from the Circuit and the Northampton Methodist District, donations from local community organisations, and donations from a circuit service and fundraising events.

The Circuit Model Trust Fund derives from the sale of chapels and manses and is restricted by the Conference of the Methodist church. This restriction is an internal regulation though the funds can be used for a variety of purposes but with an emphasis on mission rather than maintenance.

The Circuit has provided grants to Churches from TMCP and local funds for heating costs, building improvements and missional projects

We make provision for our property maintenance programme by an annual budget of £7K. The actual costs are charged and recorded each year on the circuit balance sheet

Chris Bacon Circuit Administrator September 2023

Circuit Reserves Policy (3 months reserve)

March 2023

1. Mission Policy

The Circuit Mission Policy is set out in a separate document and is published on the Circuit web site www.hinckleymethodistcircuit.org.uk

Essentially, it provides for:

a. The ministerial oversight and pastoral care of the 10 local churches in the circuit.
b. The support of a ministry team of 2.5 full time Presbyter Ministers (2 from September 2023) with the support of 4 (unpaid) Local Lay Pastors, a part-time Circuit Administrator, a full-time Youth & Communities Worker with a part-time Child and Families Community Worker.
c. The maintenance of 3 circuit manses (one manse to be sold after September 2023)

2. Financial Plans

The circuit assessment is reviewed annually and covers the costs 1a to 1c.
The cost of Youth Work which includes specific mission activities is funded by contributions from the Circuit funds and the Circuit Model Trust Fund. To meet any shortfall £42,000 has been reserved from the Model Trust Fund.
The Children and Families Community Worker post (1[st] January 2023 to 31[st] December 2025) is funded by Circuit general funds and the Circuit Model Trust Fund. To meet any shortfall to the end of the current contract a provision of £9,000 has been reserved from the Model Trust Fund. Project costs are met by donations from Methodist, local and national funding bodies.
We make provision for our property maintenance programme by an annual budget of £7000. The actual costs are charged and recorded each year on the circuit balance sheet
The Circuit general funds at year end Aug 2022 were as follows
Unrestricted general fund £126,031 (excludes Circuit Model Trust Fund)
Restricted fund £33,198
Under standing orders, the Circuit must meet its financial obligations in relation to the support of its ministers and the upkeep of manses. The total cost for last year was £186,152 including the salaries and related costs of the lay workers. The total expenditure for the circuit including payments to the District and Connexion, grants and other general expenditure was £259,088

The Circuit Model Trust Fund at year end Aug 2022 was £96,943. This fund derives from the sale of chapels and manses and is restricted by the Conference of the Methodist church. This restriction is an internal regulation though the funds can be used for a variety of purposes but with an emphasis on mission rather than maintenance.

3. Reserves Policy

The charities commission have agreed that it is appropriate for the trustees to set a policy for the management of this fund and that policy is set out below:

Our policy is to hold at least 3 months expenditure relating to the Minister, Manses and lay worker direct costs. Based on last year’s accounts this equals £186,152/4=£46,538. Ministerial costs from September 2022 have reduced by ½ of a full time post, therefore a more accurate figure is £41,811. From September 2023, ministerial costs will fall to 2 full time stipends, and manse costs are anticipated to reduce on the sale of a Manse.
Our policy is to hold funds to meet commitments to Lay Workers (Mission Staff) on Fixed Term Contracts. There is currently one post meeting this criterion:

Post Contract end date	Financial Commitment
Children and Families Community Worker 31/12/2025	25,500
Total commitment to fixed term mission projects	25,500

We are required therefore to hold 41,811+25,500 = £67,311. Funds held in the general account satisfy this criterion, with £58,720 remaining (as of 31[st] Aug 22). £30K has been earmarked by the trustees to provide grant support for church based missional projects.
Money held at year end 31[st] Aug 22 in the Circuit Model Trust Fund has been earmarked by the trustees for the following purposes:
£9,000 to cover the direct costs of employing Child & Families Community Worker.
£42,000 to cover the direct costs of Youth and Community missional work.
The remaining £45,943 (as of 31[st] Aug 22) is held in reserve pending the decision of the Circuit Meeting.

The Hinckley Methodist Circuit (charity registration number 11343821 FINANCIAL STATEMENT For the year ending 31st August 2023 Prepared for the Hlnckley'circuit Meeting held on12th Ottober 2023

Nama of Clr¢uiL. Hinckby QrrAJK Nkj.. 23111 Statement of Flnanclal Actlvlll•s (SOFA) for the year ended 31 August 2023 N¢4e¥ t C•n•r81 Fund c1MIt Mod•1 Ottlgnat•d TruEt Fund5 Rwtrf¢t¢d Endtyrn•nt f¢tsi accounts {UrYtl} IUnr•strlGlod) lunrtrol•j Fw Fun Incomg 1 tkffi8Uon5 and legadès 2 IroMe from monètsry Kwesknent8 3 Irwme frDm IrNtr#trent yowrbes 4 Asses8rnenls on ChwGhe6 5 Caprfal Recthpts 8 Gr8nt8 7 OIher¢h8rrtab Irn• 8 Totsl Inc• 25,CQO 4,759 33W6 3,000 43 173,425 8,760 ExpeTrdltur• 3,0 12.T60 12,848 9 Grant8 and donatK)ns 10 S81arie$ and ag8vdatod costs 11 Pmperty malnt•na 12 )nxIOOIS8S¢Ment & modd trust bvy 13 DIstriclAssessrnwi & Levy 14 Dèprtttsin 15 orre expBn3 18 o11rrt9kngs 17 Totsl ththrllablo Up•rltUr• 18 Ggln8llbss861 on inv&sim8nt property 19 Gahsll1o8tsI cfj manse value¥ 20 Il•tlneorrrfoxpenoMurel 21 Transfw¥ betrn 22 Assessments recd In adwaN* 23 SBpt st¥ pd in advance 23 Net mov•m•ht th funthB 24Totaltun(Js brought forward. 2STotal fundst4rrfedfor4va 3q.g)4 146,2fj5 24,110 6,116 7.689 153M54 24,110 2.424 41,335 41?35 4,134 10218 257.966 140.CQO eo,000 13.978 134 21,608 208,Q85 140.OC#J .80.OLh) -2$2 278 5200 24917 .1200 -12.071 9,17S 874 9.175 -874 -11071 33.198 21.127 1.094.807 1,117,086 1,230 1273 2,637 1,228.81S 1635 1,231. 94,743

Name of Circult.. Hin¢kl arcuit No". 23111 Statement of Financlal Actlvlties (SOFA) for the year end•d 31 August 2022 G•nwal Fund Clrwlt De51grth•d Trust Re8trtcl•d Endownw•n¢ aCCnI$ IUni•&tyicted) (unr•$tteI Fun Fwids T¢4al 202142 Ineom• 2.637 28,087 3 Ir9 from investmènt piopwtl8$ 4 Assessrnentson Cuffct%s 5 In¥W8n Claim 6 ¢knnts rècelved 7 Obior thrftatle income 8 Tclal Inc 178,250 14.584 6,750 185000 14584 s0 9.188 22T,781 5.8OD ExndItr0 6,750 9 Grants donK)ns IQ Sthe¥ @rKI associyted tA)sts 11 Prop•rtYnIn1enaIKxI 12 Conn8xK)n81 aSseSen1 & mrJ81 13 Dtstrfcl As¥gswt & Levy 14 Depreciation 15 Oflce exp&e8 16 Otheroutgc4ng 17 Tclal charftablo •xpgndtt 18 G¥insl(k)s5•sI on mongt8ry hwe8trrEnt8 19 Galnsllkn¥seslon manÈe ¥alue8 20 M•t IncryW•xp•ndlturel 21 Tran6fer5 bethen funds 22 A82esmÉnts recelved In advorK 23 Grants receN&Y in advarKe 24 Sepl st¢*nd ld in 25 Met mov•m•nt In funds 26 Tot31 funds brou8ht ftmrd 27Toial fun& rrIlr t64.132 11,270 1QO 188,132 18,020 20.901 38.715 4,000 6,750 20,1 38,715 4,440 8,280 22&937 .780 20,901 750 4500 40.0 4D,824 1.230 -20292 40,0 249 1.750 2.6J7 1.23Q 38,321 1.OS6.488 1.1)¥807 -1,273 -20,392 117.335 1,750 31,448 33.19B 2.837 1.205,269 122e,81S

Clrratht No: 23111 Balance Shoot as at 31 August 2023 C•rMr4lFw T•1•

J122 1urrqth Éqi 8W,O 140,000 140K 95mrknts 1.D)) IM,000 94,743 97.378 13J2to S.6NJ 241114 117335 102327 CwJi Rnw&JrdOepoJb 114J40 1120 1.273 17.fj47 14743 21.127 h)gty$rr4 36 3629) 43,42S TOtSl¢Lvl¥ntiiathlgS 36J50 3629) 45A25 •4743 21,127 1,117 94.T4J 1,236 1205J69 LDth8term Ilablljtles (due Ifter more ofyB wr Gisrdspyy1a aftèr 2tr22-23 1.117.M6 04.74$ 1a73 .127 2,635 1,236 1305369 Gew FwdlUThre¥tr¢l IrtT¢1 Funalunrt¢fydl 1.J17mO 1.117. 94.743 94.743 117. I,M3,102 21.127 1.171B21 Rqjbictsd Funds 21.127 EffldoMThsniFund 16J5 T&Funds 1,117A*6 94743 1 J73 ,127 CArcutt Treasurer

The Hlnckley Methodlst Circuit Notes to the accounts for the year endlng 315t Au8USt 2023 I BASIS OF ACCOUNTING AND ACCOUNTING POLICIES ACCOUNTING STANDARD The Financial Statements have been prepared in accordance with Accounting and Reportln8 bv Charities,. Statement of Recommended Proctlce (SORPI appllcable to charities preparing their accounts in accordance wlth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102} (effectlve from 1st January 20151- Charitles SORP IFRS 102)}. PUBLIC BENEFIT ENTIT The Hinckley Methodist Circuit meets the definition of a pubfic benefit entity under FRS 102. Assets and liabllities are initially recognised at historical cost or transaction volue unless otherwise stated in the relevant accounting policy notelsl below. BASIS These accounts have been prepared on the basis of historfcal cost except that investments are shown at thelr market value at the end of the year. The accruals basis has been used and trustee5 present accounts that show a true and fair view of the Circuiys financlal positlon and activlties. Iv CONTENT The financial Information presented is relevant, reliable, comparable and complete. Where estimates are used these are based on experience, research and judgement. The accounts are expre$5ed in £ Sterlln&. rounded to the nearest pound. GOING CONCERN Based on the monetary assets and human resources available at 315tAugust 2023. the trustees belleve that the Circult is a goin8 concem vi CON50LIDATION The Circult has denominational regulatory oversight in respect of the work of the Churche5 Within the Circuit but has no legal or operational control of those Churches and their governing bodies except in extreme clrcumstsnces. For this reason. the ftnanclal statements of Churches within the Circuit are not consolldated Into these financial statemerts. INCOME RECOGNITION Income is brought Into account when there is entitlement and the amount Is reliably measurable once it is more likely than not that the economic benefit of the incorne will be forthcoming. Indlvidual amounts categorlsed as Other Income in the SOFA will be shown Separate rf they are consideied material The Circult acts as agent in the matter of the collertlon from Churches and payment over of their contributrions to variou5 funds controlled and administered by the Methodist Church- 'Connexional Funds" In this matter the transactrons are not reflected in the SOFA because they are the income of the Connexion. Instead the transactions are disclosed In the Notes to the Accounts as required by SORP IFRS1021. module 19,12 In accordan with the Charities SORP IFR5 102). the time of volunteers Ss not recogni5ed. Further information on this matter is included in the Trustees, Annual Report. If goods are donated, a value will be shown In the SOFA or Notes where the value is considered material.

The Hlnckley Methodlst Clrcult Notes to the accounts for the year ending 31st August Z023 EXPENDITURE This is recognised when a liability is incurred, or a constructive obligation arises, where the amount Is reliably measurable and it is considered more likely than not that there will be an oufflow of economlc ix GRANTS Grants made by the Circuit from its own funds are recognised in full at the time of agreement to make a grant without performance conditions or as and when the Circuit accepts that there is a legal or operational obligation to make the payment if it is subject to performance conditions. When the grant to be accrued is recurrent over more han one year the balance payable in future years, discounted to net present value where the difference is material, is treated as a provision for future commitments in the balance sheet against the appropriate fund. the provision being released in future years in accordance with the originally agreed terms. In case5 where the grant ha5 been charged to one fund but for ease of payment has been transferred to anotherfvnd any future payment provision is applied to the fund from which the grant will ultimately be paid. VAT Slnce the Circult Is not VAT registered, all input VAT is charged wRh the expenses to whlch It iefers. TANGIBLE FIXED ASSETS These are capitalised if they can be used for more that one year, and individually cost at least £250. The freehold residential property is shown in the accounts at deemed historical cost representing each property's net sale prlce as at 31st Augijst 2023, based on a falr resale value uslng property prSces from rfqhtmove.com. No depreclation Is provided because the trustees conslder the current residential value of the property in it5 present condition to be not less than Its historlcal cost and, In the absence of any evldence of impairment, any depreciation provlsion for the buldlngs component of the property would be immaterial From time to time the Circuit may be required to assume responslbility for Church premlses followlng c105ure and cessation of worship. This results in the Circuit becoming Managing Trustees for the property. At that time the property is recognised as an asset at its anticipated net Sale price as determined by a professional valuation and ofter taking into consideration the levy to be charged by the Connexion. Any expenditure on such asset5. if held for reinvestment of the proceeds. as the trustees determine, that is likely to enhan sale value is capitalised at the time the expenditure is Incurred. Where the proceeds are Intended to be spent on acttvltles, the property is included In current assets at the lower of cost and reallsable value. mONARy INVESTMENTS The Clrcult's Investmenis are In monetary assets classlfied as flnanclal Instruments under FRS 102 and are held by the Trustees for Methodist Church Purposes ITMCPI as Custodlan trustees. The valuatSons, at market value, are those provided by TMCP. INVE>fMENTPROPERTY From time to time the Circuit may hold residential Pfoperty Iformerly man5e51 which 15 surplu5 to its normal staffing requirements. Where this is the case and it is anticipated that the property is unlikely to be used as a manse wtthin a period of two years, the property is classified as Investment Property (whether let out or not) and any lets are at market rates unless there is a compelling reason not to do so in furtherance of the Circuit's charitable objeclives. There are no such cases in this year.

The Hlnckley Methodist Clrcult Notes to the accounts for the year endin8 31st August 2023 RECEIVABLES AND PAYABLES; BANK AND CASH (BASIC FINANCIAL INSTRUMENTS} Debtors are stated at the amount owed to the Circuit or prepaid. CdItorS are inltlally recognised at settlement amount ofter any trade discounts, where normal credlt terms apply, or the amount advanced to the Circuit. Subsequently creditors that are current Ilabilities are measured at the cash or other consideration expected to be pald. The liquid funds of bank balances and deposit fund balances are shown at their realisable values. xiv LOANS AS BASIC FINANCIAL INSTrUMJENTS Where concessionary loans lie. free of Interest) are made to [or received byj the Circuit to further its charitable purposes, and are repayoble after more than one year, they are initlally recognised at the amount paid lor receivedl. with the carrying value adjusted In subsequent years to reflett repayments and any accrued interest, adjusted for any irnpairmert, if necessary. Where there is objective evldence of impairment, an immediate impairment Ioss 15 recognised In the SOFA. Subsequent reversals of an impairment loss that objertivety relate to an event occuring after the impalrment loss was recognised. are COgnISed immediately in the SOFA. Where loans require the calculation of a discounted cash flow valuation, thi5 will be so marked. METhODISTCONNEXIONAL FUNDS The Methodist Churth Connexion raises a55e55ments against Circults and these are paid quarterly to their Districts. The Circuits raise assessments against Churches in the Circuit. The District quarterly remits to the Methodist Church Fund most of the sum received from Circults. A small sum is retained by the District to meet its own costs. The Circuit may art as agent for od hoc collections for various funds controlled and admlnlstered by The Methodist Church. These are detailed in note 3.'A,F below. FUNDS The trustees have adopted a policy for all unrestricted reserves which Is attached a5 a seperate document. xvii ENDOwMEFUNDS Where the Clrcuit holds money that may not be spent and must be taIned las capital) to generate an income the money or at5 to be retained are classified as an Endowment Fund. The capital will be shown in the balance sheet in the column for endowment funds. The income may be restricted or unrestricted depending upon the terms.of the endowment. MINISTERS, MANSE COSTS The Circult is required to provide accommodatlon for each minister in the Clrcuit and their famllies and this is seen as a benefrt to the Clrcuit. Mlnlster5 are expected to occupy the manse provided for them. The Clrtuit bears the cost of repairs. maintenance, buildin8s insurance, Council Tax and water charges. These flguTes are not seperately disclosed a5 benefits-in-kind for ministers as HMRC does not seek to tax these ceipts in the hands of ministers.

Hinckley Methodist arcult Note5 to the accounts for the year endin8 31st Au8USt 2023 GLOSSARY OF TERMS CFB.. Central Finance Board of the Methodist Church manages a Common Deposlt Fund ansd a series of pooled ionve5tmentfund5 for Methodlst entltles In Great Brltoln and provldes Investment advlce to those entltles Church: a group of members from fewer than Ioto more than 300 arcult: a group of Methodist Churches near each other, typlcally between 10 and 30 artult Mèetlni: The Trustee5 of the Ctrcuit. most of whom are appolnted by thelr local Churches and others by vlrtue of a role they undertake for the Circuit andlortheir local Churthes CLT Iclrcult Leadershlp Teaml; A Eroup Icomprising mostly, but not exclusivetyl of Circult trustees responslble for the day lo day administration and policy fDrmulation ol ihe Circuit. Generally thp CLT compri5e5 the Presbyters and Deacons ststioned within the Circurt, the Circuit Stewards and Clrcuit BursaT (who is not a trustee) CMTF: Clrcult Model Trust Fund Connexlon: The Methodlstchurch In GB whlch Includes the Head Office at Methodlst Church House, all Methodist Distrfcts. CSrcults and Churches in Great Brf(ain Conn•xlonal Funds: The Designated andlor Restrirted Fund5 held and administered by the Connexion in furtheran of Its charStable and mission objectives CPD: The Constitution, Pra¢tice and Dis¢lpllne of the Methodlst Church Dlstrirt: a 8roup of contlguous Clrcults. usually between 15 and 30 DAF: District Advance Fund FRS: Flnancial Reporting Standard HMRC: trler Majesty's Revenue and Customs Lay Employees: Personnel employed by the Circuit on Beneralty accepted commercial employmenttemis Presbyters lln¢ludl Superffttendentl: Probatloner or Ordalned Methodlst Mlnbters andlor Deacons who have pastoral and admini5trattve responsibility for the Churches within the Circuit SOFA: Ststèmèntof Flnanclal Activltles SORP: Statement of Recommended Practice TMCP: Trustees for Methodist Church Purposes, the legal owner and Custodian Trustee of all Methodlst Model Trust I property, In¢ludin8 Legatles, Endowments and Amimulated Funds

Hln¢kley Methodlst Clrcult Notss to the a¢wunts for the year endlng 31st August 2023 Notes to the Account5 3- INCOME EXPENDITURE l)onations & Legacles Connexional Fund5 Youth & Families Ministry Private donations TOTAL Grart5 and Donatl Connexional Funds Grants TOTAL 6521 1525 25000 33046 6116 31904 38020 Salarles & Asso& Costs Stipends & a$50C Costs Stipend adjustment Salarie5 & assoc costs Apprenticeship levy TOTAL 92359 874 60970 625 154828 Income from monetary Investrnents CFB Interest TMCP Interest Trust interest TOTAL 4722 80 7802 Sept stlpends are paid In Augusl H Property Council Tax/Water/lns Servlce contracts/Maint Sharnford TOTAL 10788 11744 1578 24110 Assessments on thutthes {2022#23 Barwell Burbage Earl Shihon Higham Hinckley Newbold Verdon Sapcote Sharnford Stapleton Stoke Golding Stoney Stanton 18750 24925 19350 3000 48325 21300 21950 12CX) 1725 9600 3300 173425 45425 Office Expense5 Photocopier costs Postage/Ststionery PhonelB'band Website Equipment Hire sundry Professional fees New Equipment Books TOTAL 510 119 347 105 904 412 768 719 250 • Fy22 Ass pd Aug 22 Fy23 Ass.pd Aug 23 {see note BS41 Grants R¢¢eived DAF Youth Workergrant Famllies Ministry TOTAL 4134 -36250 *CPD & Conference Minutes 182600 Other Outgol Local Pastor expenses preaching youth & families mlnistry travel Iminlstersl p&s telephone Imlnrstersl EIW Refund misc 800 46 2165 2457 458 1492 11112 265 390 1521 976 Other Income Office Income Manse PhonelB'band Salary Contrlb Cameo Reserve Clrcuit Servlce 40 Sundry 604 TOTAL 12760 Ministers contributlons to cost of enhanced bmadband package Hin¢kley MC cOntriblon to Chlldren & Famllles Ministry EnaersaIary 483 106 7527 Training Mlnisters Sundry staMIng Costs TOTAL 21330 KL Net value of Shamford property. Gainlloss In resale value of Manse5 as valued by zoopla.co.uk

Hlnckley Methodlst Clr¢ult Notes to the attounts for the year ending 31st August 2023 Note5 to the Accounts 4 - Balance Sheet BSI Fixed Assets Resale value 1st Sept 2022 1st Sept 2023 420K 350K 270K 270K 280K 270K 970K 890K Sharnford chapel and grounds 140K *The value of Kirfleld Drive and Holly Lane manses Is deemed to be eath property's net sale price as at 1st September 2023. based on a fair resale value using estimated property prices from 200pla.co.uk. The value of Westminster Drive is based on an actual sales valuation. From time to time the CircuJt may be required to assume responsiblllty for Church premises followlng c105ure and ssation of worship. Thi5 results in the Circuit becomlng Managing Trustee5 for the property. At that time the property is recognlsed as an asset at its anticipated net Sale price as deterrnined by a professional valuation and after taking into consideration the Iw to be Charged by the Connexion. Any expenditure on such assets, if held for reinvestment of the proceeds, as the trustees determine, that is Ilkely to enhance sale value is capitalised at the tlme the expenrlitUTe Is incurred. Where the pro¢eeds are intended to be spent on attltieS, Ihe property is included In current a$5ets at the lower of cost and realisable value. BS2 Stipends were pald to 2.5 full time Presbyters throughout the year. Ministers stipends are paid one month in advance, September stipend 15 pald in August BS3 Current Assets Manse5 Westminster Dr KirPield drive Holly Lane Loss in resale value- OB CTrop current alc CFB General Ioepositl CFB Manse (Deposit) TOTAL Restricted Funds Reserve Avallable balance of general funds income expenditure transfers ICi)81 49918 -87112 32713 185599 174871 -195770 -32713 1230 43 1%910 224832 33198 12846 closing balance 5600 131987 1273 138860 -21127 -67311 51)422 -282882 -24917 BS4 ASSESSMENTS ON CHURCHES The Circult comprises of 10 Churches (Shamford c105ed in February) and each is asse55ed for contribution to meet the overall net costs of the Circuit. In making its Assessment budgeted income from investment income and confirmed extemal grants is taken into account. The Circuit aims to cover all its net core costs from the Assessment. An assessment on Churche5 is annually determined by the Circuit Using a formulalc method which takes illto account the relative number of members in each church and its relative income (after deductlon of certain artual and notional expenses). Assessments on churches are quarterly In advance and are treated as pre-payments on a receivable basis. If any church has not paid its assessment by the due date the sum in question Is treated as a creditor. BSS Manse funds are allocated as desi8nated funds. Monies are not restricted but have been set aside for manse maintenance expenses. B56 The circuit employs lay staff involved in IK)th Admlnistration and Mission work. The costs of these staff are shown in G above. No employees e1Ved employee benefits of more than £60,CL)O. There is no accrual for hollday pay as it is immaterial: the hollday year ends on 31st December. All staff are paid at or above the livln8 wage. A grant from the DAF of £800 was received towards expenses of the Baby Basics project. Local donations are received for community projects, and grants from the previous FY are held to cover the full employment cost of an Early Intervention Worker. The restrlrted current assets.shows the value of these grant5 and donations remaining as of 31st August 2022

Nameof Circult......Hinckley.............................. No...23111. Declarations and Scrutiny I confinn that these accruals-based accounts for the year to 31 August 20xx have been prepared from the records of the Circult and that Ihey include all funds under the control of the Clrcuit meeting. Signature of treasurer ..... Name and address of treasurer ...l-RS..c H.e!£TI r!f...'&Ac.v.t4.. :.. Lp...C J_£.V QLAK)f).. .AaAQ.,..Hi/YCkL<g .k.r.afSTC.4sHI.................... Post CodeL.£ la DA.T. Preserrtatlon to the Clrcuit meeting l ojnfirm that the annual report and accounts for the year ended 31 August 2021 were presented to the Circuit meetiro held on 16th September 2021 Signature of Ihe Chair of the meeting Name of the Chair of the meeting Date . Independent Examinerfs Report to the Trustees of the Hinckley Methodist Circuit Charity Numbor 1134382 Responsiblllties and basis of rnport I report to the trustees on my examination of the accounts of the Hinckley Methodist Circuit for the year ended 31 August 2021 set out on pages 1 to 9. As the Circuit's trustees, you are responsible for the preparation of the aco)unts in accordance with the requlrements of the Charities Act 2011 ('the Act.). I report in respect of my examination of the Circuit's accounts carried out under sectlon 145 of the Act and. in carying out my examination, I have followed all the appllcable Directions given by the Charity Commission under section 145{5)(b} of the Act. dèlete or circle as appropriate

Nameof Clrcult. .Hlnckley................................. No 23111. Independent Examinerfs Statsment I have completed my examination. I confirn that no material matters have come to my attention in connection with the examination (other Ihan that disclosed below.) whlch glve me cause to believe that in. any material respe. the accounting records were rt kept in accordan with seGtion 130 of the Act; or the accounts do not accortl with the accounting records., or the accounts do not comply with the applicable requirements conceming the forni arxl content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf view, which is not a matter considered as part of an independent examination the trustees, annual port is not InsIstenI wlth the accounts I have no concems and have come across no other matters in conneth'on with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. I havellvo' obtained independent veriflcation of all investments with the Trustees for Methodist Church Purposes or held in other trusts, bank balances and funds at the Centra5 Finanoe Board of the Methodist Church which are individually in excess of £10.000 (ten tP#)usand pounds) at the balance sheet date. Slgnature of independent examlner Name of independent examiner Relevant professional qualificatron of independent examiner Name of firm (where appropriate) Address .... . Post Code w.jo .[LQ. Date delete or circle as appropriate September 2021