## The Methodist Church Northampton District Hinckley Circuit 23/11 www.hinckleymethodistcircuit.org.uk ## TRUSTEES ANNUAL REPORT TO THE CIRCUIT MEETING of 17[th] September 2024 held at Earl Shilton Methodist Church ## Contents 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 Safeguarding Report ………………………….………………………… page 14 Manse report ……………………………………………………………… page 15 EDI Report …………………….………….………………………………… page 16 Financial Review …………………………………………………………. Page 17 Circuit Reserves Policy ………………………………………….…….. page 18 ## TRUSTEES ANNUAL REPORT FOR THE PERIOD 1[st ] September 2023 to 31[st] August 2024 ## 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 Andrew Lomax Superintendent Minister
Rev Patricia Mukorombindo Minister
Rev Steve Hoggar Supernumerary Minister
Mr Adrian Stone Senior Circuit Steward
Steward responsible for finance
Mr Arthur Bennett Circuit Steward
Mr Neville Spark Circuit Steward (to November 2023)
Mrs Rachel Cobb Circuit Steward
Mr Michael Holt Circuit Steward, Manse Steward
Mrs Rosemary Bradburn Circuit Steward
Mrs Sheila Grice Local Lay Pastor
Mrs Judith Cooke Local Lay Pastor
Mrs Anne Haddon Local Lay Pastor
Mr Colin Haddon Local Lay Pastor
**----- 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, Stapleton, Stoke Golding, Stoney Stanton. Stapleton Methodist Church ceased to be a Society in August 2023, with membership transferring to Barwell. **The Northampton Methodist District** oversees and supports the work and mission of the Circuit. **The Circuit is staffed** by two full time presbyters, who are aided by a Supernumerary Minister, four Local Lay Pastors, and ten active Local Preachers. During the year, the Circuit has employed lay workers in two administrative and three missional posts. Administrator (part time) Finance Officer (part-time) Children and Families Community Worker (part time) CAMEO Café Manager (part time) CAMEO Cafe Assistant Manager (part time) 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 & Supernumerary Circuit Stewards Local Lay Pastors Children and Families Community Worker 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 pla 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, Parents and Tots groups, and Holiday Clubs. Four churches in the Circuit are home to Scout and/or Guide groups. Our missional worker is active through a number of local initiatives including Community Choir, Baby Basics, Puppet Ministry and school assemblies. Eight churches provide opportunities during the week for es : local residents to meet and socialise via coffee mornings, mens breakfast, craft groups etc. Four of our churches support adults in the community through ———T initiatives such as Foodbank and Warm Spaces, providing opportunities for adults to meet in a warm, safe environment to share activities or a free meal. 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 hold 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** Since my report to the March Circuit Meeting, I am pleased to advise that we have had two further well attended circuit services. Thank you to all those involved in these. In the April service the Rev Kim Shorley focused us on FEAST (Friends Exploring And Sharing Together). There was also a follow up session led by Kim on the Thursday after the service to which 21 people from the Circuit attended. It would be good to hear of how these discussions in the different churches have progressed. Please do share these with Chris Bacon in the Circuit Office in order that we can learn together and encourage each other. I need to advise the Circuit Meeting that we have incurred a fine of £400 for copyright infringement on the Circuit website. This is very disappointing, particularly considering how little the website is used. The fine was challenged, however the image on there was licensed for which no fee had been paid. The image has now been removed. As Circuit representatives please can I ask you to advise those in your church involved in websites, Facebook and social media to ensure images used have the necessary permissions and any licences paid for. The best course of action here is to use your own photographs. Finally on a positive note a reminder of the Circuit Service on Sunday 29[th] September at 10.30am at Hinckley. At this service Rev Sonia Hicks will preach. We are looking forward to welcoming Sonia to the Circuit on her fourth week in role as the Chair of the Northampton District. Sonia is also a former President of the Methodist Conference. We hope for a large turnout from all our churches and encourage people to arrive early. At Hinckley we are very fortunate to have a lift available for access to the balcony. ## _**Adrian Stone Senior Circuit Steward**_ ************************************** ## **LOCAL PREACHERS REPORT** ## **New Fully Accredited Local Preacher** The Accreditation Service for Jennifer Baker was held at the circuit service at Earl Shilton on 30[th] June. The service was led by Superintendent Minister Andrew Lomax. The Local Preachers Secretary presented a New English Bible to Jennifer and welcomed her as a Fully Accredited Local Preacher. He then read to the congregation the letter from the President of Conference to Jennifer. ## **On Note / On Trial** The Local Preachers Meeting on 5[th] June 2024 agreed that Karen Berry should be moved from ‘On Note’ to ‘On Trial’ and will be assigned her own preaching dates from July onward. Karen will continue to complete her training modules and the frustrations caused by a shortage of local tutors should be eased now that Rev Steve Hoggar has volunteered to be the Circuit Tutor. ## **Retiring Local Preacher** In September Gwen Coley will lead her last planned service, which is at Hinckley, after which she is retiring as a Local Preacher. Gwen has been a Local Preacher since 1969 – that’s **55 years** of service to God and to the church. We thank Gwen for her long and devoted service as a Local Preacher. ## **Readers** Pam Weston is now included on the Quarterly Plan. ## **The Plan** Once again, we thank Colin Haddon for preparing the quarterly Circuit Preaching Plan. The Rev. Stephen Hoggar continues to provide support by leading services around the circuit. ## **Circuit Service** The Circuit Service at Hinckley on 29[th] September will be attended by the Chair of the District, Rev. Dr. Sonia Hicks ## _**Keith Ware**_ ## _**Local Preachers Secretary**_ ************************************** ## **CHILDREN AND FAMILIES MINISTRY REPORT** There has been lots to be thankful to God for in the last few months, it has been a blessed and busy time. ## **PUPPET MINISTRY** The puppets have been resting over the last few months, they were part of The Ark on Sunday worship on 23[rd] June, which was good fun. The puppets are already booked up for Christmas, we will be at Friday Family Fun at Sapcote, Nativity Service at Newbold Verdon, Messy Church at Burbage and Christingle at Hinckley. Over the next few months, we will be rehearsing for these worship services. If you know anyone who would like to be involved in the puppet ministry, please do contact me as one of our team has gone to university and will be missed by the team. ## **TOTS & TOYS – HINCKLEY** This toddler group continues to be well attended and I go along when I can it continues to be a good outreach into the community. ## **BABY BASICS- HINCKLEY** It has been a busy time with lots of referrals from our community health visitors and midwives For those of you who are not aware this is a Christian charity and part of the Baby Basics UK, and their vision for helping struggling families comes from Matthew 25 v37-40. We are continuing to support families in Hinckley and the surrounding areas. We have received many generous donations from the community which includes toys, books, toiletries and baby clothes and we are very grateful for those who donate to us regularly whether that is cash donations or those who knit hats and cardigans. We appreciate the space at Hinckley Methodist church to be able to store all our donations. A big thanks goes to all our volunteers who come along on a Tuesday morning to help with referrals and sort donations. ## **SCHOOLS WORK** I will be working with Burbage Infant and Junior schools starting in September, please pray as we build new relationships with the schools. ## **HINCKLEY ALL AGE COMMUITY CHOIR** The choir held their annual evening of music which was very successful we raised £600 which was split between Hinckley Foodbank and the choir. The choir has around 50 members who attend on a regular basis. This is a friendly group and sing just for fun, no fee to pay, coffee and refreshments are provided afterwards. ## **MESSY CHURCH** Messy church at Stoke Golding continues to grow and continues to be a great outreach into the community. Lego church has become part of the evening at Messy church specifically aimed at the older children and it has been a big hit, and their creations are amazing! ## **BARWELL LUNCH CLUB** This is a lunch club that runs during the school holidays and is aimed at families. It is well attended and consists of a bible story, crafts, activities and games for the children to enjoy. With lunch for everyone. ## **PRAYER BREAKFASTS** These are to pray for the work that I do around the circuit and in our communities, it is also a good way to find out what I am doing. We enjoy breakfast provided by the Church hosting the Prayer Breakfast, I then share what God is doing in our circuit, and we spend a short time in prayer. Please keep an eye out for the date of the next prayer breakfast, it would be great to see you there. ## **OUTOFTHEBOX** This is a way of telling stories, very similar to Godly Play, not all of the stories are Christian based, these are used to explore community and personal wellbeing. As a storyteller we create brave relational space to breathe, trust, feel, wonder, play and love. The stories can be used in a variety of settings, schools, workplaces, community groups, chaplaincy and in faith communities. I introduced this to a group who attended the Ignite morning, where we had wonderful conversations around the community and faith. I also recently used it in worship at Sapcote Methodist church. I will be running some taster sessions over the coming months, for those who are curious about Outofthebox. Please contact me if this is something you would be interested in or if you have a group that you think may enjoy reflecting in this way. ## **LEGO CHURCH** This is an exciting new outreach project starting in October and will be held at Earl Shilton Methodist church. We have been given a grant from the District for this wonderful project to enable us to buy Lego and all that we need to set up this project. If anybody would like to find out more or be involved in this project which will be running once a month. Please do get in touch. As I approach my last year working with the circuit, I would like to thank everyone who has supported me. It has been a challenging year with concerns over my sons health, juggling studying and working. With prayer and support I have finished my second year at college, in September I will be entering into my last and final year at college. Please pray for myself and my family as we enter a new and exciting phase in our lives. I pray for the circuit as it makes decisions about the future of the role of Children and Families Community Worker, I pray that the great outreach and groups will continue to be a blessing to the circuit. Every blessing Claire x ## _**Children and Families Community Worker**_ hinckleyfamiliesworker@gmail.com ************************************* ## **SAFEGUARDING REPORT** We have continued to deliver the Creating Safer Space Foundation module locally in collaboration with the neighbouring circuits. Thanks again for Colin Haddon for organising and leading this training locally. We have also recently hosted a day of the Advanced module training. The requirement is that training is undertaken every 4 years. We will be running further sessions so if you do need to attend either the Foundation or Advanced module please inform Chris at the Circuit Office so that you will receive invites as dates become available. We also held a successful Circuit Safeguarding meeting and shared ways of making safeguarding in our circuit more effective. 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 continuing to attend the District updates for circuit safeguarding leads 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/safeguarding.html Best wishes _**Nigel Scarborough Circuit Safeguarding Lead**_ ~~—~~ nigelscarborough@hotmail.com ************************************** ## **MANSE REPORT** ## **Burbage -Westminster Drive** Following significant work to bring the Manse up to the required standard, to achieve the best possible price, the property went on the market via Castles Estates in late March. Within two weeks there were four viewings, two of which resulted in offers being made. The initial offers were rejected and one of the potential buyers made a further offer of £390,500. This offer was accepted by the Circuit Leadership Team and also the Methodist Church Legal team. Our Solicitors issued contracts and received confirmation that the funds were available, and the completion of the sale took place on July 5th. The costs of sale including a recovery of the additional spend by the Circuit to do all the required work came to £15,413.75 leaving £375,086.25. As you may be aware the Methodist Church places a levy on all such property sales in this case £126,034.50, leaving a figure of £249,051.75 available to the Circuit. These funda have now been received. ## _**Michael Holt**_ ## _**Circuit Manse Secretary**_ ## **Barwell -Holly Lane** This manse had a major upgrade in August 2023 and is now in good order apart from a couple of outstanding items from the August 2023 quinquennial; some pointing up to the brickwork and a double-glazing unit in the kitchen needs replacing. The kitchen units were refurbished in October 2023. The dining room radiator and the temperature stats in some rooms were replaced in December 2023. The Gas Safe inspection was carried out in November 2023, and the alarm contract is up to date. ## **Hinckley -Kirfield Drive** This Manse is generally in good repair. The damaged floor covering in the kitchen and utility area has been replaced. A new doorbell and key safe have also been fitted. A leak in the bathroom has been fixed and the decoration made good. A new extractor fan has been fitted in the bathroom along with some minor plumbing items. Three kitchen cupboard doors have been replaced. The Gas Safe inspection was carried out in September 2023, and the alarm contract is up to date. ## _**Christine Bacon, Circuit Administrator**_ ## **EQUALITY, DIVERSITY AND INCLUSION (EDI) REPORT** The Circuit provided in-house mandatory training throughout 7 @ the year for both Circuit and Church officers. The training sa 4s e was based on the Equality Diversity and Inclusion Training -@ OA Module prepared by the Methodist Connexion. 36 people e3:® ay attended the training, with a further 16 people completing AVe A 7 the module online. _**Christine Bacon Circuit Administrator**_ ************************************** ## Financial Review 2024 ## _**General Summary**_ The Circuit does not seek to fundraise outside of the Church Membership. The main income of the Circuit is from the Churches ty 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. This funding may come from local businesses and community organisations, local government, the wider Methodist Church, or private donations. 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. 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 sold one of its manses in this connexional year, with 67% of the net proceeds of sale received by the Circuit into the Model Trust Fund (33% levied by the Connexional Priority Fund). The Circuit has provided grants to Churches from local funds for heating costs and missional projects We make provision for our property maintenance programme in the annual budget. £5K was set aside this financial year, with £8K budgeted for the 24/25 financial year. The actual costs are charged and recorded each year on the circuit balance sheet. ## _**Lucy Lowe**_ _**Circuit Finance Officer**_ _**September 2024**_ ## **Circuit Reserves Policy (3 months reserve)** ## **March 2024** ## **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 9 local churches in the circuit. - b. The support of a ministry team of 2 full time Presbyter Ministers with the support of 4 (unpaid) Local Lay Pastors, part-time Circuit Administrator and Finance Officer, and a part-time Child and Families Community Worker. - c. The maintenance of 2 circuit manses ## **2. Financial Plans** - The circuit assessment is reviewed annually and covers the costs 1a to 1c. - 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 £4,500 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 £5000. The actual costs are charged and recorded each year on the circuit balance sheet - The Circuit general funds at year end Aug 2023 were as follows - Unrestricted general fund £124,609 (excludes Circuit Model Trust Fund) - Restricted fund £21,127 - 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 £178,064 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 £288,085 - The Circuit Model Trust Fund at year end Aug 2023 was £94,743. 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 £178,064/4=£44,516. Due to the loss of a full time lay worker in September 2022, which has reduced lay worker costs by 28K from the previous financial year, a more realistic reserve would be £37,516. - 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: |criterion:|| |---|---| |Post
Contract end
date|Financial
Commitment| |Children and Families
Community Worker
31/12/2025|9,600| |Total commitment to fixed term mission projects|9,600| - We are required therefore to hold 37,516+9,600 = £47,116. Funds held in the general account satisfy this criterion, with £41,243 remaining (as of 31[st] Aug 23). - Money held at year end 31[st] Aug 23 in the Circuit Model Trust Fund has been earmarked by the trustees for the following purposes: - £13,000 to cover the direct costs of employing Child & Families Community Worker. - The remaining £80,120 (as of 31[st] Aug 23) is held in reserve pending the decision of the Circuit Meeting. The Hinckley Methodist Circuit (charity registratlon number 1134382) FINANCIAL REPORT For the year ending 31st August 2024 Prepared for the Hinckley Circuit Meeting held on 17th September 2024 Name of Circuit Hinckley C1￿Ult No 23111 Statsment of Financial Activities (SOFA) for the year ended 31 August 2024 Not•s to Circuit Madel Doslgnat•d th• G•n•ral Fynd "Trust Funds a¢covnts Iunrestrktsd) (Unr•stri¢ted) {unre5trlcted) Restrlctèd Endowment Funds Funds Totsl 20￿24 Income I t)onations and legaThes 2 Income from monetsry Investments 3 In&Jme from inveslrnènt properbes 4 Assesgnents on Churches 5 Captlal Receipts 6 Grants recelved 7 ¢)ther d￿ritable Income 8 Totsl In¢ome 25.000 8.222 6.082 31,082 13.553 7.262 67 176.6SO 176.650 266.252 1,000 27,365 315.902 286,252 27.365 235237 273.514 67 7,082 Expenditur• 9 Grants and donations 10 Salarfes aTrJ a8gOa8ted co$1$ 11 Property malntsn8nce 12 Cfmnexional ass8$smenl & model tust levy .13 0istri¢X Assessment & Levy 14 twation 15 Office expenses 16 Other ￿jtgoIngS 17 Tolal charitable ￿pendItUre 18 Gaing(knssesl on monet8ry investments 19 Gainslllossesl on investm8nl properties 20 Net ineomÈl(expenditure) 21 Transfers betwèen fvnds 22 A5sessrnents recd in advance 23 Sept stipends in advanGe 23 Net movement In fvnds 24Total funds brought foNard 25Total fwds urrled fon¥ard 377 1.237 129.222 25,783 129,222 25,783 38.988 2.639 41.627 5,568 12,040 212N61 12.040 215.477 2.639 377 360,0 37224 -360.000 9.515 270.875 67 6.705 350 126 -336.748 1,117.086 780J38 126 49,099 2,635 1.236.864 2.037 1.177,765 270.875 94,743 365,618 67 1,273 6.705 21,127 27.832 Name of Clrcuit Hinckley Clrcuit No 23111 Statement of Flnancial Activities {SOFA) for the year ended 31 August 2023 N¢ts$ to Clr¢utt M¢xl•l D•%lgftat•d the General Fund Trust Fund$ R•¥trlctod EThd¢y44ment accounts (Unreslrlctad) (Unrastslet•dl {unr•5trictsd) Fund¥ Funds Totsl 2022-23 Income 1 tkn81ion8 and legacie5 2 Income from monetary investments 3 Incoms from investment propeTties 4 Assessments on Churches 5 Capital Recerpts 6 Grants recelved 7 Other ¢haritabl• irYAJme 8 Total Incom• 25,000 4,759 8,046 33.046 7.802 173.425 174425 800 4.000 12,846 8.760 211.944 12.780 3,OOIJ Expendlturo 9 Grants and donalions 10 Salarl8s and asso¢lal•d Costs 11 Propety maintenance 12 Connexlonal assessmanl & mod•l trust levy 13 Dl3tri¢tA¥¥essment & Levy J4 Dep￿lation 15 Office expenses 16 Other ￿tgOingS 17 Total eharltable expendlture 18 Gainsl{lossesl on morr8tary inv851rnenls 19 Gainsl{k)58esl on investment properties 20 Net In¢wiel{e¥pendltur•l 21 Trnnsfws b8iwBen fvnds 22 Asses&nents rg)J In advancg 23 S￿1 Stip•nds pd In advance 23 Net movement In funds 24 Total fvnds brought forward 25 Total funds Carrled fonyard S1,￿4 146.265 24,110 2,5 6.116 7.689 40,520 153854 24110 2,424 41,335 41,33J 4,134 10,218 257J66 140.000 80.000 13.97B 4,134 21.608 276 11,112 24.917 140.OtKI -80.￿0 -2.200 -12.071 9.175 874 22279 1.094,807 1,117,086 9.175 -874 -2,21JO .943 94743 -12.071 33,198 21,127 1.230 1,273 2,637 2,635 1.228,815 1,236,864 Naffle of Circuit Hinckley Cir¢ult No 23111 Balance Sheet as at 31 August 2024 G•n•ral Fwd Clr¢ult Model De¥lgnNtsd Rqstrlc FurKIs Endowmgrht Fund Totals Ftxad A88*t8 Martsas & Ew IrNe*lThert prcywtsB IrMe5bnenls BS1 595.LYJO 75.000 75,C¢)O 140,( 670.ik)O 670,000 1.O30.0 D8￿sept Inthl LoarnE by Clrojl In￿lM￿lIS TMCP BS2 T.OW2 &876 365,618 2.637 97?78 133260 S.fjtK) 128.67e 10,560 146.238 1.340 20.336 7.496 27,832 150.352 18.058 s￿66$ Cashat aThY kn h8TrJ BS3 364618 2,837 Curr•nt Ilabmlile 36.2 Grants payable ￿1th1￿ 2022.23 r(1￿c￿TTe￿Il¥bt1¥tses N•t¢Unwt•ssd￿YIabIIItI0$ 35.900 110.338 3S900 807.768 36250 36￿18 27,832 2,637 Totsla88ets1o88ourr•￿ Ilabllltlos 7eo.338 36&618 27.832 2,637 1,171.766 133QW Long term liabilities Idue after more than one yearl (knis payatle ￿11¥ 2Q22.23 lOar￿ lo Ctroil Net assets rn)J38 36&618 1.340 27,832 2.837 1.177.765 1236.864 Funds of tho ClrGult Gerwal Furd ILhwtr*tedl Tr￿t IUr*tstri FthJ%(Urre8rrlcbJ 780.328 1.117.L 94.743 365.618 365,618 BS5 1,340 1.147296 1211102 21,127 Rasm￿ Furd5 ErKlthYm¥* FuTrJs 27A32 2,637 1637 2,637 1.177,785 TolalFuf￿s 780.338 386,618 27.832 Sign8d Circuit Treasurer I BASIS OF ACCOUNTING AND ACCOUNTING POUCIES ACCOUNTING STANDARD The Financial Statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 {effective from Istjanuary 2015). Charities SORP (FRS 102)). PUBLIC BENEFIT ENTITY The Hlnckley Methodlst Circuit meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially reco8nised at historical cost or transaction value unless otherwise stated in the relevant accountlng policy note(s) below. BASIS These accounts have been prepared on the basis of hlstorlcal cost except that investments a￿ shown at their market value at the end of the year. The accruals basls has been used and trustees p￿sent accounts that show a true and fair view of the Circuit's financlal posltlon and activities. iv CONTENT The financial information presented is relevant, reliable, comparable and complete. Where estlmates are used these are based on experience, research and judgement. The accounts are expressed In £ Sterlin& rounded to the nearest pound. GOING CONCERN Based on the monetary assets and human resources available at 31st August 2024, the trustees believe that the Circuit is a 80ing concern vi CONSOLIDATION The Circuit has denominational regulatory oversight in respect of the work of the Churches within the Circuit but has no legal or operational control of those Churches and their governin8 bodies except in extreme circumstances. For this rea50n, the financial statements of Churches within the Circuit a not con501idated into these financial statements. INCOME RECOGNITION Income is brought into account when there is entitlement and the amount 15 reliably theasurable once it is more likely than not that the economic benefit of the income will be forthcoming. Individual amounts categorised as Other Income in the 50FA will be shown separately if they are considered material The Clrcult acts as agent In the matter of the collectlon from Churches and payment over of their contributrions to various funds controlled and admlnlstered by the Methodist Church- "Connexional Funds" In this matter the transactions are not reflected in the SOFA because they are the income of I the Connexion. Instead the transactions are disclosed in the Notes to the Accounts as requlred by SORP (FRS102), module 19.12 In accordance wlth the Charltles SORP {FRS 102), the time of volunteers is not recognised. Further informatlon on thls 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 consldered material. 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 outflow of economic benefit. 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 than 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 commitment5 in the balance sheet against the appropriate fund. the provision being released in future years in accordance with the originally agreed terms. In cases where the grant has been charged to one fund but for ease of payment has been transferred to anotherfund any future payment provision is applied to the fvnd from which the grant will ultimately be paid. VAT Since the Circuit is not VAT registered. all input VAT is charged with the expenses to which it refers. xi 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 price as at 31st August 2024, based on a fair resale value using property prices from rfghtmove.com. No depreciation is provided because the trustees consider the current residential value of the property in its present condition to be not less than its historical cost and, in the absence of any evidence of impairment, any depreciation provision forthe buldings component of the property would be immaterial From time to tlme the Clrcult may be required to assume responsibility for Church premises following closure 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 after taking into consideration the levy to be charged by the Connexion. Any expenditure on such assets, if held for reinvestment of the proceeds, as the trustees determine, that is likely to enhance sale value is capitalised at the time the expenditure is incurred. Where the proceeds are intended to bé spent on activities. the property is included in current assets at the lower of cost and realisable value. xii(a) MONETARY INVESTMENTS The Circuit's investments are in monetsry assets classified as financial instruments under FRS 102 and are held by the Trustees for Methodist Church Purposes {TMCPI as Custodian trustees. The valuations, at market value, are those provided by TMCP. xii{b) INVESTMENT PROPERT From tlme to time the Circuit may hold residential property (fomierly manses) which is surplus to its normal staffing requirements. Where this is the case and it is anticipated that the property is unlikety I to be.used as a manse within a period of two years, the property is classified as Investment Property {whether let out or not) and any lets are at market rates unlessthere is a compelling reason not to do so in furtherance of the Circuit's charitable objectives. There are no such cases in this year. RECEIVABLES AND PAYABLES; BANK AND CASH (BASIC FINANCIAL INSTRUMENTS) Debtors are stated at the amount owed to the Circuit or prepaid. Creditors are Inltlally recognlsed at settlement amount after any trade discounts, where normal credit terms apply, or the amount advanced to the Circuit. Subsequently creditors that are current liablllties are measured at the cash or other consideration expected to be paid. The liquid funds of bank balances and deposlt fund balances are shown at their realisable values. xiv LOANS AS BASIC FINANCIAL INSTRUMJENTS Where concessionary loans {ie. free of interest) are made to [or ￿ceiVed by] the Circuit to further its charitsble purposes, and are repayable after more than one year, they are initially recognised at the amount paid [or received], with the carrying value adjusted in subsequent years to reflect repayments and any accrued interest, adjusted for any impairment. if necessary. Where there is objective evidence of impairmenL an immediate Impairment10s5 15 recognised in the SOFA. Subsequent reversals of an impairment loss that objectively relate to'an event occuring after the impairment loss was recognised, are recognised immediately in the SOFA. Where loans requlre the calculatSon of a dSscounted cash flow valuation, this will be so marked. METHODIST CONNEXIONAL FUNDS The Methodlst Church Connexlon ralses assessments against Circuits and these are paid quarterly to their Districts. The Circuits ralse assessments agalnst Churches In the Clrcuit. The District quarterly remits to the Methodist Church Fund most of the sum recelved from Clrcults. A small sum is retained by the District to meet its own costs. The Circuit may act as agent for ad hoc collectlons for varlous funds controlled and administered by The Methodist Church. These are detalled In note 3:A,G below. xvi FUNDS The trustees have adopted a policy for all unrestricted reserves which is attached as a seperate document. ENDOWMENT FUNDS Where the Circuit holds money that may not be spent and must be retained (as capital) to generate an income the money or assets 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 Circuit is required to provide accommodation for each minister in the Circuit and their families and this is seen as a benefit to the Circuit. Ministers are expected to occupy the manse provided for them. The Circuit bears the cost gf repairs, maintenance, buildings insurance, Council Tax and water charges. These figures are not seperately disclosed as benefits-in-kind for ministers as HMRC does not seek to tax these receipts in the hands of ministers. GLOSSARY OF TERMS CAMEO: Communlty Cafe operated by Stoke Golding Methodlst Church CF8: Central Flnance Board ofthe Methodist Church manages a Common Deposlt Fund ansd a series of pooled ionvestment funds for Methodist entltles In Great Brltaln and prO￿deS investment advice to those entities Church: a group of members from fewerthan 10 to more than 300 Circuit: a group of Methodist Churches near each other. typically between 10 and 30 Connexlon: The Methodist Church in GB which includes the Head Office at Methodist Church House. all Methodist Districts, Circuits and Churches In Great Britain Connexronal Funds: The Designated and/or Restricted Funds held and admlnlstered by the Connexion in furtherance of Its charitable and mission objectives l ￿$tr1¢t. a group of contiguous Circuits, usually between 15 and 30 DAF: DlstrIrtAdVan￿ Fund EIW: Early Intervention Worker FRS: Financial Reporting Standard HMRC: Her Majesty's Revenue and Custom5 Lay Employees: Personnel employed by the Circuit on generally accepted commercial employment terms I Presbyters {includin8 Superintendent): Probationer or Ordained Methodist Ministers andlor Deacons who have pastoral and administrative responsibility for the Churches wtthin the arcuit SOFA. Statement of Flnanclal Actlvltles SORP: Statement of Recommended Practice TMCP: Trustees for Methodist Church Purposes, the legal owner and Custodian Trustee of all Methodist Model Trust property, includin8 Legacies, Endowments and Accumulated Funds Hinckley Methodist Circult Notes to the accounts for the year endlng 31st August 2024 EXPENDITURE INCOME A Donatlons & Legacles Connexional Funds Youth & Families Ministry Private donations G Grants and Donations Connexional Funds Grants 5342 740 25000 377 860 1237 TOTAL TOTAL 31082 H Salaries & Assoc. costs B Income from monetary investments CFB Interest TMCP interest Trust interest TOTAL Stipends & assoc costs Stipend adjustment. Salaries & assoc costs Apprenticeship levy TOTAL 83081 126 45616 525 129348 6157 7264 132 13553 C Assessments on Churches (2023124) Barwell/Stapleton Burbage Earl Shilton Higham Hinckley Newbold Verdon Sapcote Sharnford Stoke Golding Stoney Stanton Sept stipends are paid in August 28100 J Property 26500 Council Tax/Water/lns 19550 Service contratts/Maint 3800 Sharnford/westmlnster speclal 42050 TOTAL 11068 12968 1747 25783 21425 L Office Expenses 22825 Photocopier costs Postage/Stationery Phone/B'band Website Equipment Hire sundry Professlonal fees Office heat and light membership tickets TOTAL 439 401 95 1386 972 792 544 9100 3300 TOTAL Fy24 Ass pd Au8 23 Fy25 Ass.pd Aug 24 Isee note BS4) E Grants Received 176650 36250 -35900 177000 451 5568 DAF Youth Worker grant Familie5 Ministry TOTAL O K District Assessment 38Y38 1000 M Other Outgoings Local Pastor expenses preaching youth & families ministry travel (ministers) p&s telephone {ministersl mlsc Training Ministers Sundry Streaming Costs travel (volunteers} TOTAL 1063 F Other Income 3249 1593 Office Income Salary Contributions(CAMEOI Property recompence Westtm Circuit Service Sundry TOTAL 1130 15039 9540 200 1456 27365 70 963 495 1007 1807 1719 74 12040 D Refund of Pension Reserve Fi D Sale of Manse {TMCP) 17200 249052 TMCP levles EXPENDITURE TOTAL 2639 215477 INCOME TOTAL 249650 Notes to the Accounts 4- Balance Sheet BSI Flxed Assets Resale valye Manses 1st Sept 2023 1st Sept 2023 Westminster Dr 350K SOLD Kirfield drlve 270K 325K Holly Lane 270K 270K TOTAL 890K 595K Loss In resale value= 295K Sharnford chapel18rounds" 140K 75K Loss in resale value- 65K *The value of Klrfleld Drive and Holly Lane manses 15 deemed to be each property's net sale prlce as at 1st September 2024, based on a fair resale value using estimated property prices from zoopla.co.uk. Westminster Drive is no longer a fixed asset as was sold July 2024. **From time to time the Clrcuit may be requlred to assume responslblllty for Church premises following closure and cessation of worship. This results in the Circuit becoming Managlng Trustees for the property. At that tlme the property is recognised as an asset at Its antlcipated net sale pri￿ a5 determined by a professlonal valuatlon and after tsking into consideration the levy to be charged by the Connexion. Any expenditure on such assets, if held for reinvestment of the proceed5. as the trustees determine, that is likely to enhance sale value is capitalised at the time the expenditure is incurred. Where the proceeds are intended to be spent on activities, the property is included in current assets at the lower of cost and realisable value. BS2 stipend5 were paid to 2 full tlme Presbyters throughout the year. Stipends are paid one month in advance, September stipend 15 paid in August 853 Current Assets OB incomé expenditure transfers 5600 79340 44125 -22760 131987 162979 -168714 22760 1273 67 138860 242386 -21127 7082 closing balance 18056 149012 1340 168408 -27832 47116 93460 Manse Funds are allocated as desl8nated funds. Monies are not restricted but have been set aside for manse malntenance expenses TMCP funds Reserve Avallable Funds Endowment Funds BS4 ASSESSMENTS ON CHURCHES The Clrcult comprSses of 9 Churches over 10 sltes and each Is assessed for a contribution to meet the overall net Costs of the Circuit. In making its Assessment budgeted Income from Investment Income and confirmed external grants Is taken Into accounL The arcuit aims to cover all its net core costs from the Assessment. An assessment on Churches is annually determined by the Circuit using a formulait method which takes into account the relative number of members in each church and its relatlve Income (after deductlon of certaln actual and notlonal 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 a55e5sment by the due date the sum in questlon is treated as a ¢￿dItor. BS5 Manse funds are allocated as deslgnated funds. Monles are not restrlcted but have been set aside for rnanse maintenance expenses. BS6 The circuit employs lay staff involved in Administration and Mission work The costs of these staff are shown In H above. No employees re￿IVed employee benefits of more than £60,000. There is no accrual for holiday pay as it 15 immaterial. the holiday year ends on 31st December. The Clrcult pays all staff at or above the Ilvlng waBe. A grant from the DAF of £IOOO was received towards set UP Costs of the Klngdom Builders project. Local donations are received for communlty prolects. The restrfcted current assets shows the value of these 8rants and donations remaininE as of 31st August 2024. Refunds have been offered to donors in respect of EIW grants held from the previous FY. A decision on the reallocation of the remainin8 EIW funds will be taken by the Trustees in FY 24125. Co-op current alc CFB General (Deposit) CFB Manse (Deposit) TOTAL *** -212839 -377 Restrlrted Funds Reserve Avallable balaTh￿ of 8eneral funds •** 94743 399548 -128673 365618 -13000 352618 2637 2635 Name of Circuit .Hinckley.......... No. .23111. Declarations and Scrutiny I confirm that these accruals-based accounts for the year to 31 August 20xx have been prepared from the records of the Circuit and that they include all funds urKler the control of the Circuit meeting. Signature of treasurer ....... Date.... Name and address of treasurer .. R¢).Ad., HJ.PlLl<4 ,.kn ..................................... Post Code. Presentatlon to the Clrcuit meeting I confirm that the annual report and accounts for the year ended 31 August 2024 were presented to the Circuit meeting held on 1 Ph September 2024 Signature of the Chair of the meeting Name of the Chair of the meeting Date . INDEPENDENT EXAMINER REPORTTO THE HINCKLEY MEfHODIST CIRCUIT I report on the accounts of the Hinckley Methodist Circuit charity number 1134382, for the year ended 31 August 2024. Respective responsibilities of the Hinckley Methodist arcuit and the examlner. As members of the Hinckley Methodist Circuit you are responsible for the preparation of the accounts; you consider that the audit requirements of section 144(2) of the Charities Act 2011 (the 2011 Act} do not apply. It is my responsibility to: Examine the accounts under section 145 of the 2011 act: To follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5){b) of the 2011 Act: and To state whether particular matters have come to my attention. Basis of this report. My examlnation was carried out in accordance with the General Directions given by the Charity Commission. That examination includes a revlew of the accounting records kept by the Hlnckley Methodist Circuit and a comparison of the accounts with those records. It also includes considering any unusual items of 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 account5 present a "true and fair vievr and the report is limited to those matters set out in the statement below. Independent examinerfs 5tstement. In connection with my examination, no matter has come to my attention: (l) 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 2011 Act; and to prepare accounts which accord wlth the accounting record5 and comply with the quirements of the 2011 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. David Briscoe, ACMA CGMA. AIMS Accountants For Buslness 11 De Montfort Road. Hlnckley• LeI￿SterShire, LEIO ILQ. Date: jIHI FdTrTrLQhJ 2025 . INDEPENDENT EXAMINER REPORTTO THE HINCKLEY MEfHODIST CIRCUIT I report on the accounts of the Hinckley Methodist Circuit charity number 1134382, for the year ended 31 August 2024. Respective responsibilitles of the Hinckley Methodist Circult and the examiner. As members of the Hinckley Methodist Circuit you are responsible for the preparation of the accounts; you consider that the audit requirements of section 144{2) of the Charities Act 2011 (the 2011 Act) do not apply. st It is my responsibility to: Examine the accounts under section 145 of the 2011 act; To follow the procedures laid down in the general Directions given by the Charity Commission under section 145{5)(b) of the 2011 Act; and To state whether particular matters have come to my attention. Basis of this report. My examination was carried out in accordance with the General Directions given by the Charlty Commission. That examination includes a review of the accounting records kept by the Hinckley Methodist Circuit and a comparison of the accounts with those records. It also includes considering any unusual items of 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 examlnerfs statement. In connection with my examination, no matter has come to my attention: (l) 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 2011 Att; and to prepare accounts which accord with the accounting records and comply with the requirements of the 2011 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. Dav d Briscoe, ACMA CGMA. AIMS Accountants For Buslness 11 De Montfort Road. Hinckleyi Leicestershire, LEIO ILQ. Date: IIHI F￿￿￿￿j 2025 .