SOUThPORT MEfHODIST CIRCUIT TRUSTEES. REPORT AND FINANCIAL STATEMENTS For the year endln8 31st August 2021
SOUTHPORT METhODIST CIRCUIT TRUSTEES, REPORT AND FINANCIAL STATEMENTS For tho ymr endlng 31sl August 2021 Contents Palg Charlty information Trustees, report 24 Independent examlnerfs report SLitement of Financial Activitie5 io Balance Sheet li Notes to the accounts 12-17 Appendix l- List of trustees 18.19
SOUTHPORT METHODIST CIRcurr Reference and Administrative Detalls for the year ended 315t Au8USt 2021 Charfty Name Southport Methodist Circuit Charity regtstratlon England & Wales number 134383 Maln communlcatlon address Circuit Office Cornerstone Methodist Church Ic Marshside Road SOUTHPORT PR9 9TL Trustee$ A full list of trustees 15 shown in appendix I Ciicult Mlnisters and offl¢ers Artlve Clycuit Ministers Rev MA Kent Rev P Evans Rev Alex Galbralth Rev Peter Lyth Rev Sonya Marshall Clrcuft Stewards Mr S Hardlman Mr B Stewart Mrs J McKenna Mr5 S Eyes Mrs S Potts Treasurer Mr Barrystewart Independent Examlner Mr S Noad FCA 34 Brighton Road Southport Merseyside PR8 4DD Banker5 Central Finance Board 9 Bonhill Street London EC2A 4PE Barclays Bank Lord Street Southport Page I
TrU5fEES' REPORT AND ANANaALSTATEMEpirs Forthe yearendln¢ 3ts1 ALWtsI 2021 ObiertPrt5 and idfvlll•s 1.1 Chwltyobiertivts Charity objective Is to act as a Resource provKler wlthln the area Soulhport forthe Methodist (thurrh. The Pufposes of the Methodlrt Churth are and shall be deemed to have been slrKethe Date of UnioThthe advancernent of.. al The Christian faith in attordance wfth the dortrinal st¥htt4rds and db5clpline tsfThe Methodlst Church; bl Any charitable purpose lor the time beiry8 of any ConnÈxional. DistricL Circuit, lor41 or other or¢anision of Th• Methodlst Church.. cl Any charitable purpw forthe tlme beln8of anyso¢Wor Insiltudon subsldkryoranclll•ry toThe Methodist Church., dl Any purpose forth• time bel of •thyth•rrty belrq a ch•rfty subsid6•ry or anallary to Th• Metwlst Churth. 12 M•ln •rtlvlll•s l. The oryanlsln8 and resourdnAof rt8ul•r puNlc act5 of ¥Aofship open to members of the churth •Thd non-members allke. 2. The teachln8 of Chrlsii• throwh serrnons, ¢•urs•s Thd small 8roups. 3. The r¢sourcln8 of Past31 work the sic al bere•v¢d. 4. Taklng rell¥lous assembliés to thl schools. 5. Promot4on of Christianitythrou8h the 5ts8ing ol events aThd Se£és. 6. Prtylslon of chplalnry seM¢e$ 10 the loul unfverslty other Instftiiikn 1.3 Publk b•n•fft Th¢ trustees have r•8•rd toth¢ 8uldarKe155ued bythechath CommtsNon on publk benefit. 2. R41w ofthe ye•r Introdu As the Covld- 19 pandemk and 50clal rtstritliofis e¥ol%d durin8 2021>2021 Circuit and Chur¢hts continued to adapt to commun1(ati Ind Meeti onllne and returning to In persors. meetirw •nd ser¥kes when the Ilftln8 of 8overnment tri010S alknwed. Mlnlstrv The Clr¢ult has three lull tlme pre5byters.' Rev Kent Isupen'ntendentl. Rev Patthk Ev•ns and Rev Sonya Marshall. Rev Marshall was appointed to the cUrt until Au8USt 2025 and authoiiied by Conference to serve as a meth£$t Minister from I. Decem 2020. tskiry on p•stornl re4>1 fly W4nd R0, Rusell Road chufthesand the UTrAryllocffi projert. The lon8 Standing Local Ecumenical Partnerships wth Rev Ajex GI131th. knglican Minister at St. Frands Church. wSth Rev R•chel Bw at St Philip and St Paul YAryth We$Y and with Rev Peter Lyth at Lord Street West united Church have continued tosupport thé shartd miss and worship of three denomlnations.
TRusfEES' REPORT AND FINANCIALSTATEMENTS Forthe ye4rendlnÉ 315tAuBust 2021 2. kniew ¢lthe yerltonLI The preskntrs $ypport the thaplalnry at Connell Court and HathertDW House Methodist Horne5 a5 11 1$ offering sp4ritual c8rÈ, ittcludin8 seThKe of Hoty Communion, at other re5Klenti81 and nursing homes throughout SouthporL A new thaplaln wa5 appc4nted at C4nDdl Qjurt MH Mlssbn and ¥oluntarywork the der kncal rommuntywert able to reconvene on a practkal level v•rlous intervals between thd.19 lrfkdown5. Rev Patk Evans focused on CompasOn A¢ts of whlch he Is a trustee supportlng the debt adte cenire and loc bank a5 well a5 worknTr8 wlth varfous local communlty foodb•nks. The ¢lrcult supported the runnin8 of • Holid•y Club IN p•rtnershlp with Compassion Arts for ¢hlldren in receipt of free school meals. Rev MarfAnne Kent and Rev 5ony• Marshall contlThwd tvusltes of Street Pastors. at a crltlcal tlme when other Pr¥1 supFort kn the vulnerable •nd homeless was required to be Suspended. Rev m•rIAnn K¢ftt ser¥es ¥s * schcol w4ernor at St. Phlllp'$ of Én8land School needed her additional tlme 8$ the 8o¥emiw tard re50W plani to reopen ihe school and tnsure PUlS and staff were supported for thelr rttum. Collettlve worshlp was conducted on Zaorn [ch was partlculady thallenzlns. Rev Sonya Marshall restsrted the wtyker tIVe whoth she had beén comms1Oned io do as a Lay worker wior to her appolrttment as Mlnlster. Re¥ Patrlck Evan5' P05tport¢d three ftw)nth sabbatlcal took place duTln8 the summer of 2021. Durfni which he completed tr•lnln8 wlth'A Place lor Hope. on conflirt resolUtn supportirvd the Connexional'Re¢onclliation ind MediatiDn T•m Pilot Prolectr forwhl¢h now •n •cry¢dited medlètor. v•rpool $t1ct level commItrner conllnue for MaANA¢ •$ Dlstrlct Candklates Se¢ret•ry ¥nd fof Patrlck who been appointtd as the ols1¢1 Prob8tKMers Secretary. These rsponslblIles also SUPPOrt the Corsnexional Pos+tivt worklngTrfher stM¢8y whkh erKourafje5 everyone to refiect on the way In whl¢h they eng4¥e and Interartwlth exh other wf£hln the lffe11 thè thurth and the wldef commuThlty. The Co19 national lockdowThs meant that lor most of another year thuifh •nd communsty bulbllnis were £105ed. However. tlew and members were fortune to be able w contlnue worshlp YouTube thus enabllt)8 m•ny peoF4e across the thurches. •nd further afield, to partkIte. We are gr•tÈfvl to MartSn Maynard Clrcult Webmaster for conllnuln8 to pwdute servkes onllne as well •$ •11 those who epped out ol thelr comfort zones to take p•rt In t0rd11¥s. other actfvltl•s mI1ued through the Zoorn lorni It)cludln8 meetinB5 of the CirCts Trullees. the Liswl Clty Reglon T4er 3 cowd re5trtlMs most of the churche5 were •ble to lacSlRate Chrtsimas s•r¥l¢tt Vi¢torla Methothst Church finally <k4s¢d f worship Advent Sunday 2 No¥ember 2020. ThE bulldlw ts now l•std to Compasslon Acts • loul Christian Chwhty ux the trojildini to run Food B•nk6 aTrJ Fwd Pantri•s 4tros$the lotal affta •s well 4$ off•rln8Wkn 8enefitsAthfketo wed¥prt¥ Inuese soti•l wèll be Rev Martin Abrams and Re4Jan Fraser are Ch*ins at Sohpt and Ornisklrk Hosp1 Trust and Martln Is the Trust 'Freedom to speak up GL¢ardian'. 80th hove been fvlly IDvol¥ed in supportirvx ¢hur¢h members aThd the local Commun in the h05Pttals as well as patients recoveriTr8 •t home durlri8 what ha5 been an unprecedented dernanding time on NHS semces and ytient cart. Rev MartSn1s a0 a tnjstee of Queenscourt Ho5sKe and he with RevJaTr Fraser Pde Wiyal supportto the pthfits and staff. Page 3
TRU57EES' REPORT AND F114ANCIAL STATEMENTS Forth¢ ywehdkno
tstAW 20Zi 2. R•¥lew oltheyw IconLI Both th Ortult OLrtreach Wcrfker and the Mlssknn Enabler were ¥Cel on fUrIgh for perkjds of time as the ¢hurches were closed but txh found new ways to enKaBe with the t¢)mmunty from droppin8 ofl activity bi85 to lamllles. delering lood parcels and medicine5 to tht vulrtrable and Lwlated. Many mernber5 5VPPOrted thls work In 51rnllar way3. There wt ortllfte bible #udles and prayer 8rwps. coffee momlng$ and 'ln person. OFen-•ir artlwtles. New communlty arcult led proiett5. The Berta%ment Journey and Take fime Medit•tiMs whkh Commenced th¢ yevlous year under the 8uidance of Rev Ann Hall wtrt suspended as 'lt) person. activlties durtrva the lockdown. However othev wtyk on dt¥ek¥wni plans for these wojects was able to cohtlnue gnd they were ble to mo¥e online. The arcult une Aty)m woject based •t the Soup K4tthen In Southport, a place that provldes 4 $8h space. support and spirstual care for the ¥iJlThErle and homeless, was also unable to rtma op•n ofthe slze ofthe venue. All Trusie¢s ¥nd l<al Churthes have worked tcether to ensu thyrch Ilfe and misOn has been able to contlnue throhoUt the lo¢kd¢Mn •nd ntere 8ra16trJde Is expressed for the way ln whl¢h everyone has reswnded and supported e7th other in these challen4in8tlmes. Slncere 8ratrtude15 also •xpressed io those IruM¢es who hwe retlred dudn4 the ¢(w of th• ¥r and to new appolntee$ •$ reflerted on the Ilst of names in Appendlx l. FuturndowlopThJnts A5 church•s h•v• rwened lor worshlp It has aCknThld8+ that lh• onllne seMces are also a Illellne, lor peopl¢ who are Unab to attend In per50n,ther•fty• ¢ontinu¢io expknre optlon5 to continue thls. Mlsslon actltIeS have also resumed Ind the cIrcu led projects In¥ofvin8 The 8ereivement Journy and Take rne Meditations have Tecommenced with renewed purpose io pmide care and compasslon to those in netd. The partnership w5th Compassion Acts at the Viciorio Centre is also developin8. The LMnR Room has ntrt re- opened and a'drop In c•ntre' r•lltd the Harbaur has e5tsblished inste•d •1on8 wkh a Olnlng Club. Rev Rarhel er•y. Ihe ¢uiate at St Phlllp and St Pa with Wesley Is due to be daIned prlest In Junt 2022 and will contlnws as curate atthethurth. Superfnttndtnt Rev IAarle-Arffie Keni VAII take a three month S•bb•tlcal In June durin8 whith tlme Re¥ Patrkk Evans wlll cosr the 5uperffiterthrtts responsIlItIes. Th• ClrcuK contlrsues to meet ar work do$ with the local churches other taith tommurtities In Southport.. to exore further ways of worknng together to pri¥&ress and 511PPOrt the sustsinabS11ty of Christlan mlsslon and worship for the area. The Trustees have refiected on the p05itNe exptriences that have emerged from the experience of the panOEfftic In adaptin¢toway5 in whKh pastor41 ure 75 able to be nwrtaitdtor all c¢xners of stiety. There are signrfKant tha1nseS as we movt forwavd with thaIng (rth attendanco, fln¥ntlal pressvres and the pottnttsl ehanies io clrtyrt boundarlesa5¥ explorevMth mored¢)setylththe United Relorrned Cthurth. P4e4
TRU5WEES' REPORT AND F114ANaAL STATEMEIITS Forthe •endI 31st Awl 2021 FIMnr• Lhjrini the year the Clrcuft receNed irKome of £388347 ifidudlTh8 a net capital receipt of £12154 12020 £261.825 Incl). Income prlnciylfy from the assessment incLHne rt recefved from the churthes which forrn part of the Circuit. Expendlture on tharftable actNities arrK)Unt to £289,88712020 £281,774). Excluding capital receipts and rwdlutions. the rt deflC tor th? was E98A60 c(pared to • net deficlt lexcludinK £apit31 recelptsl of £20.496 In 2020. 1$ the chadty's pollrylo m•lntsin gemral fund re5er¥e5 of Ipproxlmatelyfouf rnnt, 8entr•l Èxpendlture In order to rn•lnt01n suffident re5er¥es to accommgde any unexpected requirements on the charity's ftjfids. At the year end reser¥e5 amounted to £48B.61212020 £384,4241. Ind the increase in re5eryes is explalned by the Inuease in the CMT funds followln8 the sale of a churth buildlnl durfng the year. Pl•Mlor 202V22 Clrcutt fln•b¢l¥l pl•ns for the comirrf year hrn been pld on the ba515 that there remaln5 three fvll-tlrn¢ ordalned staff wlth anticiw¢d ¢osi INin¢ stipend increase5, combined with an incre4$1 In the •ssessment pahl tothe dlstrKt suth th•t the assessment lor eath<hwth wlll be in(rea5•d in the forthcomlng year. Go¥•mlry dorumliits The I04rn6 document lor the CIT¢lbrt Is the Deed ol UThlon 119321 and Methcdist Church Art 119761. G¢v¢rnance arran8ements are outllThed wltNn th• Constllutlmal Practke and OiKipllne ol the Methodist Church by order Olthe annual coThlerenct ICPOI. Day to day man¥ement of the aroJh urtdert4ken by the cirrjj L¢•dershlp team along wilh the local prea¢h¢rs' meetin8. Charlty CQnSllIoty Trust deed. A ron8e of 8uldance wtyduced by Meihodlst Conrexion to support the effertive runThln8 of the Circuit. speclflcally the leflet The Role of a Truste¢ in The Methodl Church, is KNen to all new Clr¢ult rneetln8 m•mbers as Induttlon to I1r ro as trustees. Clrtult management ind $4eManCe ts 5LlPPOrtel by a layworker Admlnistr¥torho also oversees GOPR pollcv and regukition •k)rvdshJe the D•ts mec16on offlcer. Review processes are in the to cofitinue to ensure complian¢e. The CJr¢utt Is part of the UVerp1 Dbtritt and ts also accountsble to the Methodt5t Conference. The fdlowtng Methodist Churches •ie linked toihe Clr(u6t'.- Alrsdale. Bescar Lane. Leyland Road. Li¥erpool Road. Lord St West ILEP URCI, Comerston¢ St. Phlllp & St. Paul wf(h Wesley ILEP Anglican), St Francis of knisi ILEP Arylicanl and Russell Ro•J. Other rel•ted party iransathons are disdosed in the accounts Pa8e S
SOIJTHPORT MFrHoDQRcV1T TRUSTEES, REPORT AND FIP4APKJAiSTATEMENTS FortheyearerI 3tstAyyst 2021 R15k Mn•gnnt The major risks h•ve bEen identthed and recorded by the Circurt Leadershlp wth Professional athce tsken as required Thefe is 8n annual YeeW preSS undert¥ken and recorded and risk5 are re¥iewed throughout the vear. Intome and Expenditure Is beln8 mofi6tored In iotal and Is mPared th the approved annt431 budget on a lf- yearfy ba5 tts detert IndS as partof the rlsk r1&ement process io av(Md unforeseefi calls on reseThes. S•tswirdl E¥ery per50Th has a wlue •nd dlgnlty whlth tomes dirertty frcffn the ttt•tkJn of male and ftrn•l Im God's own ma8e ond likeness. ChrfAians see th'5 Potential 4$ fuffilkd by Gods fe<reavon of us In Chrlst. Amon8 other thlw this implles a duty to 1ve all people as bearln8 the imaie ol God •nd therefore to protect them from harm. Methodist Conn•xi¢n•l wactlce outline5 commnt to the f01b¥Tr8 prindpks.. . the ut• •md nurtu of. and rtswcifvl p•stor•l mln1strytth. all chlldren young people and adu • the s•le8uardln8 and protectityb of all chlldren, youn8 people adults whefi they are VUlrab • thÈestabllshln8 of Sale, c•rinq ¢ommunltles which Prde a lone enWwment where there Is INf¢)m¢d vl8llance a5 tothe d•n@¢rs of abuse. We wlll carefully select and train all thos¢ wlth any responslbility within the Church. In Ilne wbth &fer Recrultment principles. in¢lullr4the use of criminal record5 di5¢Sosur¢s and rwstratlon wlth the relevant ¥ettln4 and barrin8 sfhemes . We 11 respond whth0 dekyto every¢0Mpnt made whlch S8&eSts that an athlt. chlld oryoun8 perwn m•y have been harmed. cwr•tln8 wilh the polSce and •uthoYlty ITh any in¥estl8atloD. * We will sttk to workwith wyone who has suffered abuse. developlftg wlth them an approprljie rnlntstry of IThfOrnd pastorèl Care. • We wlll seek to challL¥we any abuse of ptr. espedalty tyanyone In • posmon of trust. . We wlll s•ekio offer pastoral care ar 5UPPOrt. 1ndl1Th8 supeThlslon aj refeff•l to the yopersuthorlts, to any member tsfour thurch tmTr¥ to offended winst a thlld. young person orvulnerable adull. • In all these principles w¢ wlll follow leglatIOn. 8uidarte Ind recognw gwd PAtti Th Southport CSrcuSt commit5 itselF to ensuring the impleffrtstyon of Connexiorthl Safequarding Pdiry.. 8o¥ernment legis11, 8uidarte and safe prxtice in the Orcuit 4nd in the thurthes. The Southport Clrcult COM1$ fftsdf to ihe prdis1On of support. 3th6ce and trainingfor lay and oYdaSned people that will ensufe peopk are dear and confident about thelr rdes and re5PDfisibilities In sofeguording and promotlng the welfare of children and adults who fflay be vulneF•We. The Clrcuit 15 SUPPOrted im these responsibfjlltie5 bythe Cir¢uitSatÈguuthn8 Officer. Page 6
TrU5fEES' REPORT AND FIPIANCIALSTATEMENTS For theyur tndlk 31stAuytst Z021 ststqm•nt gtTnuteps RP1b11lI1I$forthY••I End•d 31 A¥urt21121 The trustees I respob for PrewrI the Report of the Trustees and the hnanclal statements In cordance wh applicable law and United Kln8dw kcountiw Stand•rds IUnKed Kingdorn GeTallY Accepted Atcountin8 Practicel. The law applluwe to charlties In Enqland and Wabs. Charltles Act 2011, Chadty IAccounts and RepDrt51 Regulatlons 2t¢)8 and the pr9¥75ions gf the trusi deed requires the trustees to prepare financial statements for each flnanci¥l ye•r whlch 8l¥e a true and loir tW of the #ate ol affairs ol the ¢harity and of the incornlfi8 rtsourtes and appll£atlon of resources. includirvd the income and expenditure. ol the charlty for that pedod. In PTeparln8 those nnanclal Statements. th¢ tn¢es are required to - select sultsble aceouhtlty polldes •Thl then appfy them wls1¢n.. . obserye the methods and pdndples in the Ch•rlty SORP IFPS 1021.. - makeludgements •nd estlmates that art reasoNJl¢ and prudent.. prere the fiMn¢lal statements on the 8oin4 ¢on¢ern basts unle55 It 15 Ifiapwopre io presume that the tharlty will ¢onUnu¢ In bu51nrfs. The iiustees are responsib for keepln8 proper acco¢Jntlw record% whkh dlsckjse wlth reasonlble ¥tcuracy at anytlme the flnantial pos*lon of the charty and io eble them io ensure that the tlnao¢ial statermnts corn¥ wlth the Charktles A¢1 2011, Ihe Chèrlty (Accounts and Aeportsl Re8ulaUons 2Crf)8 and th¢ p510n5 of the trust deed. They are •lso resF<snsSlAe for safe8u•rdlnB the assets of the chadty 4r h¢rtte fortaklw reoson•ble slep$ lorthe pr¢¥eniiors and detectlon of fraud and other Irre8ularitles. Appro¥ed by order of the bo•rd of trustees and on beh•ll ty.. Slgnatur• Date Full name
Iconflmi IhatthesexCrlls-b4Sqd acc0urltsforthtllto3I A2021 been ered from the 8nature oltrea5urer. N¢ •nd address of tre85urer..... S<&4L< 20 P(sf6J GAei)oaS So LwrfPo(L< I conflrm that th• annu•l rtyjrt ce0f0rthÈar endvd 31 A4itst 1021 were. orwll be,. 3.1.a...irfotzk..W22 •wnted tothe fxstylct Polcy Corrmitttt It rrb¢*iiwoh ..... 518n•ture olthe th•ir01t rrwWr¢ ............._. Nimeoliht Ch•lr olthe rneetI . Z310312Z P¥8e 8
SOLrrHPORT METHODtsTaRallT Indep•ndont Examlnees Report toth• Trust ofthe DIsts1 namqd The charity's trustees are responsible for ensurinRth•tthe annual report and accounts for the year to 31 Au8ust 2021 Present a twe and fairview of the charitvs income and expenditure for the year and of Its assets and liabllitie5 at the bolante sheet date. The trustees ¢onsider that an audit 15 not nÈcess3ry for this year under secikjn 144 of the Charrknes Art 2011 and that an independent examlnation Is needed. It ts my responsibility to.. exarnlne the a¢¢ounts under section 145 of the Charlties Act 2011 follow the Pfocedures lald down in the 8•neral dlrea6ons given bythe chir1tycommlssn under section 14515llbl of the Charities Act 2011 state whether particular matters have come to myattentlon. Ba$15 of Ind•p•nd•ni EXIne$ Report My exarninatK)n was carried out in accordant wlth the general dlrectlons 8fven ty the Charlty Commlsslon. A Th examiThation intludes a revlew of the accounting records kept by the charlty and comparlsgn ot the acctsunls wlth ihose records. It 3150 inclvdes conslderatlon of any unusual Items, In nature or scale. or dlstlosures in the accounts. Seeking explanatlons from the trustees concemlnB su¢h matters. The pr¢xedures undertaken do not prowde all the evldence that would be requ in an audlt and. Consequen¥, no oplnlon 15 8Nen as to whether the accounts prtstnt a true and fair vlew. My report Is Ilmited io those matters Set tyjt in the thtement below. Ind•pend•ni EM•mlnerfs St•t¢ff• In connectlon wf(h rny èxaminatiort, no matter h•$ come to my attenOn which 8lve5 me reasonablè cause to belleve that in any materi•l resped the rèquirèments to keep tountln8 records In Kwrdance wlth sedion 130 ofthe Charit$ Art 2011 tg prepare accounts ¥thich accord with the xcounts"n8 records and tomplywith the accounlln8 requirements of the Charities Act 2011 have not been rn*L or 121 to which. in my opinlon, attention s understsnding of the ac¢¢)unts lo be re ould be drawn In orderto enable a proper Slgnature of independent examlner...... Name of independent exarnintr Relevant professlonal qualtficaiion of Independent ex3miner .............___.... 34- erti41 Address .--.-..................._ fvf Iro Post Code ..~.-.-.. L I 2fLI Page 9
SOUTHPORT METHODsr ORCUIT Statèm•nt of Hnanclal P&tlvlts lorthe year •nd•d 31 Awist 2021 Noies to ctr¢U Model Gerxrnl Fw Tnot Fuhd ounts {UnrÈstrktedl IUnr•slrKl•dl Totsl 201[21 Tot•1 201>20 In(om• and endowmentsfrom: DoThtl•ns and Wcles Charitsble aCtItieS 310 245.526 3.233 12.756 239,802 196 24,846 239102 Investment in¢omÈ Other Incoff Capltal recelws 1,349 24 121,854 121.854 Total 265,144 123,203 IA8.147 261,825 EMp•ndltur• Grants and don•tbns Sal•rles and assodated costs Pieperty malntenafi<e Distdcl Assessment & L Depreclatlon T•lephofie and tr•¥el Insurance and utllltles Other expendltu 3.170 150,9)9 20,982 60,11 142 3,045 12,204 31.205 3.170 150,909 20.98Z 67,818 142 7,047 158N5 4.968 75,570 190 3,382 17.073 14.6S9 7117 12,204 31.517 412 Totsl 281.658 8,229 289m7 281,774 Galns on revalulon olflxed assets Galnsll1055e51 on ftK)netary Investments 12 12 219.LKKI 219,( 5,596 5,596 15471 N•t In¢omo/l•xp•ndbtur•l 202,486 120,570 323,056 120.4961 Transfers between funds Net moveThint knfunds Total funds brought forward Total fvnds ¢•rrled for 16 16 16 958 212.044 1,209,632 19.5581 111,012 a23,056 206.338 L415,970 120,4961 1.436,466 16 1,421.676 317,350 1,739.026 1,415,970 The notes on pages 12 to 17 form part ofthe financial statements Page 10
SOUTHPORT MEfHooisf ORCUIT Balance 5heetas at 31 2021 Genernl nd c1t Model Tots15 2021 Iunrestrirted) Trusts Iunrestrkttd) Totsl$ 2020 Nxed lets Tangible a55ets Investment propertv Investmenis Total flx•d •5s•ts li 12 13 561.404 689,( 561004 689,0 36,083 1.286.487 1,031,546 36,083 36.083 30,487 I,(2,033 1.250.404 Current Av•ts Debtors Central Flnance Board Deposlts Cash at Bank and in hand Total curront •Hets 14 9.023 163.321 31.527 203,871 9,023 7,635 331,335 33,288 372,258 281,267 31,527 48S,138 281,267 Curront Il•bllltle5 Creditors (due In undef l yearl Net current ass•tslllabllStles 15 32.599 171,272 32.599 452,539 18,321 353.937 281,267 Net •ssets 1.421,676 317,350 1,739.026 1,415,970 Funds of th• ar¢ult GeneTal Fund Iunrestrlctedl Clrcult Model Trust Fund Iunrestrictedl 16 1,421,676 IA21.676 1.209.632 16 317,3SO 317,350 206,338 Totsl Funds 1,421.676 317,350 1.739.026 1.415,970 The ffinanclal statements were apPred bythe tircuittrustee$ on 2J/o31&z........ and were slgned on its behalf b MAKent Trustee The notes on pages 12 to 17 form part of the financial statements. Page 11
IMTOTHE ACO)UNTS FOR THE YEAR ENDED 315fAuGUST2021 l Ba51$ olt£Ill ¢wntk¥Standard The finantial statemertsofthechaiity. whKh a public bertfft entty Under FRS 102. ha% been prepared in accordancewith the Charibe5 SORP IFRS 1021'Accovntin8 and Reportin8 by Charlts.' Ststement of Recommpnded PrxtKe ¥ppllcableto charirios preparln8theiraccounts in xccdance [h the Finanual Reportin8 Standard apoble In rhe UKand RepublK ol IreLind IFRS 1021 ItffertNt l January 20191,, FinJndal ReportyThgStsndard 102 Yhe Finanfial RepOrtistandard ap¥e In the LIKand rtepu of Ireland, and ihe tharities Act 2011. The fInCial tstèments ha¥ been Ted under the hi5turitaltoM corNeDtlon. withth¢exceptlon of nlMeThts whlth are induded at Market1. Tho flnanclal Statements are prepared J80kn8 conrern bsisunder h[st1 costcaiivention. modffied to indude certain Items atfaif value. Assets and lialItieS art Initialty recognlsed 4t h15torkal cost ortran5artlon value ut)less oih•rwlse stated In the relevant ac¢tyJDUwpdl¢y. Theflnartil st•tmerts¥e wesented in st¢dln¢whkh1s th• funttlonal currencyof the£1and round to the nÈareM £ Funds Thefunds held c¢nstltute.' General Fund5 held for arbv puwof ihe Clrcuft whkh aré Unrestdrted.The Clrcuit ModelTrust Fund has wide puTrosesdefined In St•ndlni Orders and Is utegor¢5ed •$ unrestricted. Pes¢rirted lunds whlch are held for a narrowtr purpose. There are rK En(knwment lunds. DÈtails of earh material fvnd •re dlsdosed in th• final note tothe5e •c¢tyJnts. Arry fvTrds be reprérted ty rhthal¥s1 Pub4¢ b•n•fft •ntlty Th• Sovthport Methodist Clrtuf( meetsthe definOn of • publK befiefft under Fft$ 102 These •c¢o$ been mred on the b•slsol hIst1$t txrept th•t INve%tme•tswe $hown •t thelr mrket value èt the end of the ye¥. on the •t¢ru• b•sls to sPthwa tNe Ind falr¥lèw of the Circuit'sfinan¢ll poS10n and Hm11 GOIN CprK•rn The accounts have bfi prep¥ed on ih•Ww thetrurt•esumiW¢rtt be ipyoprfbte led on the Sevd of the charfws reserw. IrKomlr4 Rert•S IrKowe Is Intluded In the Ststerrtht of Acti1$ ISOFAI when the Circuit betthnes entled to the re50urte¥ and the trustees ar• T•asoMbtytértiNtheywll refthe the re50urcs.' and the moneiary valuean be me•sur¢d th suffKient relkqblty. Rewurtes Exwn¢l¢d Th15 Is roco8nlsed Wh a Il•blllty k5 IrKurr¢d. or a tonst1lÈObI18alIon 3T15ek that results In the p•yrMnt beln8 una¥oid4ble. Ltsbilities are r¢co8Tr1sed % stton •safi ¢)uthow ofeconorn benefft ra COndere0 more Ilketythn not under the lei•l or c0Th5trudThe oblwh?n Committlth•or(uIttO pty resourus. Grnnts Grants mède b¥the or1 from fund5 *re lIe In fvll •tthetimÈof•yeemert or when the aTCU accepts that thert Is • leièl orokwaifjonal obtIOn to make the payment. VAT Slnce the fjrcuit VAT reiistered. al input VAT i5dw8ed wlththe eyrws towhich f( refer5. P4e IZ
Tan8lble flxed assgtsfor use bythe Ckn
Tanwble fYAed assets are PitaliSed rftheY{ be used oneyear. and rost at a51 £5.
The Orcuit h&5 made 01ttemj costeptk)n w transitnit0 102. The valueofthe mses Is shown In
the accounts at deemed hSstorf(al 01. represenltr% •ach propprvs ca& value asat 1st 5epfernber 2015. Plo
depreclation iq prIY4ed on the manses becausethetru5tEes consKlerthe cwrent reydu41 value of eath pToperty Srs
Its present condf(ion to be not kssthan hsdeemed histori
SCWmPQATMÉTHODISTaRcuir 2021 CompIDn5 kt Leykind Road Lty Wotr Hl8herTour Southport 2020 Sundry donatlons and 8ilts 1.024 35 302 3,170 2C#J Payn¥Jntlo Trys¢¢es Wlth the exceptlon of mln15ter% Doortt member reteh8nV refflunernwon yÈ•rto 3tstAuRurt2021 8 IcoM.I P•ld Empkn•J 2020 staff Costs pad durfr)g iheyear were: Gr055 Wa80s, sal¥Ses and tenefits in EMpVer'S Natlonal Irourance costs Pension Cos¢5 122MII 127,748 9.270 9.253 19,628 2184 ,909 158 Avewe numbÈrot#aff In theye•r were". No employtt5 r•¢ihd r¢muneratlon ol th•n ptrhnumln 2020ni or 2019nO. The charlty m•k¢s contributitirtsto the Methodlst Mlnisiers. Penon Stheme on behawof lis mln151ers. Thls Isi defined benefft scheme whkh ts treated forKcovntin¢ tyrFo)ses asa defined rnntrfbutlun seheme on the Irounds that It Is • multl-employer xhemÈ and the cIrtu Is unab to thtify It55h*re of the underlying è5$1tsand l&bilities of the scheme. The arnc tharyed In the Ststemerrt of finanri•l ktmties Is therethth• •rnount of PethC contributlon5payible ihthe year. 2011 2020 4,100 21,024 4369 624 1.5LX) 5,143 S,095 On line 5unday5ewvkes Legal and wolesslonal fees Pr•athèrs SundryexFenMs IA22 2,999 14,659 14
sounipoRT AIETIIODISTORaiiT 14OTESTOIHEACCiMINTSFOR TXEVEAR EIIDED 31ST AU6115T2021 Mod•l 7ry¥t G•n•rnl IUnr•8trl¢t• Tot1 20194• di In¢om• •nd 8ndowrn• from.. Don8bons legx8 Ch•ble In¥tment incom8 Oth•r incom• r•c•ipts 310 245.526 310 245.528 3233 12,758 12.756 TOti Exp•ndltur• Gr8nts ènd I(al SaL8r8 ond 8sgo¢wl•d c411# Pwrty mainlen8rK• tN$trid A$s8S$Tht & L• Dopred8lknn Tok1p) tr8v iurnn¢• and uJlitKx Olh8r expfrndttur• Totsl 7.047 158.885 7.047 156,885 8.902 75,570 190 3382 17,073 14,2e3 272,416 3.382 17.073 14.65 281,774 15471 456 9,358 15471 GalnWllo•w31 pr¢worty tJbeF<¥a N•1 Incomll•xp•Nllturnl 112.780 7.716 20,496 Tr•n•f•rn b•fv 13.978 1.198 1,208.434 i.Z(8, 113,9781 121,6941 120.4961 228,032 1.438,466 6,338 1,415 N•t rnov•m•nt In ld$ Total fund5 bTou#ht ferw¥d Tot1 furthurrfedfwwl 11 T4WFlx•d••ts Tot•1 torT•lu•tl 1.010.977 1,8fy) 1.032.777 Addltlons Reclassificatyon At Slst Wst 2021 14YO,ffp)I S&J.977 1470,D)O 562.777 IML¥) At 1st September 2020 Oepreoaiion ¢haryÈfor ye ypxalj AIJJsiAwt1021 1,231 142 L231 142 1.373 1,373 At3tstALyit 2021 $8J.977 427 561A04 At Jl*tAwt 1010 1.030.977 569 1,031.546 P88e 15
PIOTESTOTHE ACCOUP4fSFOR ThEYEAR EIIDED 3I5fAlHW2o11 Fllrvalue Reclèssrfi(atk>n Revaluatknn At 31st August 2021 470,LK 219,OCK) 689,OLX) OurSn8the year two of the tharlvs mwfjes wefe aut on ltsw-term lets. The pmwrtles ha4 ttrLerelore beeD tTrnslerred from fLY•d 4ssts to iThve5tfftmt propertyand revalued iofaif value. The funds th•t SUPPOrtthÈfjrtu ModelTrust Fu1 antlthe Mansts Fund are held tm In Tru5tets Interest Fund5 on which Interest Is credhed io theKwums each month. These ¥• re8ard¢d as mèdlum and bni term In¥e5tments. TMCP Is ihe le8al ownernd Custodan Tnlee of all method Model Tiust property. indvdin8 Le¢•eles, Endowments and Accumul•ted Funds. Trust property Is ld for •r48 on beham of local M•na8lnÉ Trustee5 wh? ¥• responsible lorthe day today mana8emÈnf oftrust W+Jperty. TMCP ensure thaL thrcw8h provldln8 8ukl•nre •nd etln8 under their dlrectlon, the Man4in8Trustees comptywhh clity llw and Methodl$t low and polity •$ determln•d the Mthodls1 c4mlerwe. 2021 2020 In¥5tment> hEld In tommon hi¥e5twent fvnds 36.OB3 30,487 Market vahJ• at5tart of y•r Dlsposa Gainllossl on rèY•luat M•rket value at end of y¢•r 30,487 31,034 5,596 36,083 547 30A87 2021 2020 Prepayments. stnd5 1Th•th•1 Other debtors 9.023 6,025 1,610 7.635 9,023 IS Crtdltrts: •mowtsf•llwduevJlthln 4n•¥• zoii Ass•tsm•nts In a(fv•nce Distrltt aS5essm•nt payablè 17,042 15.557 3Z,599 18,311 18321 Gera1 Mothl Tiust Fund 10 Movement In fvnd5 UnrestrkW funds Tor•1 At 1st sePtber 1020 Trnhsfers between fund5 Net Income for the >ar At gIstAV$1 2021 1.209.632 9558 202A86 1.421.676 206,338 1,415,970 19.5581 120,570 323.056 317.350 1,739,026 P4e 16
IIOTESTO THEACCIXlllfS FOR TNEVEAR ENDED315T AUGUST2021 17 Re¢4 PwtyTl$•Cf0orts Durln8the year the tharityentered Intothe folwIrelated partytransxtm5:. The Clrcull Meeting injune 2021 a8reed ioallow G)mpawon Acts, a charity in of one of the fjwtuft's trustees Is a trustee, to rent part of a artutt property. The first three months oltheir lease was'rehtfree. to asslst them in the transitiontime between buildinyJnd towards altat1$ required. The first rÈnt payments to the arcuit cornmented lThOttOtr 2021. 17
SOUTHPORT METHODIST CIRCUIT APPENDIX I CIRCUIT TRUSTEES FOR THE YEAR ENDED yisr AUGUST 2021 CIRCUtr MINISTERS Rev'd Marie-Anne Kent Rev'd Patrlck Evans Rev'd Alex Galbraith Rev'd Peter Lyth Re¢d Sonya Marshall SUPERNUMERARY Rev'd Ann CIRCUIT STEWARDS Mr Stephen Mr 8arry Dr Domlnic Mrs Pamela Mrs Jean Ms Sally Mrs Helen Mrs Shirley Mr John Mr Mlchael LOCAL PREACHERS Mrs Cynthia Mrs Shlrley Mrs Sarah aRCUIT CHURCH Rev'd Rachel Superintendent Minister Member of the Leadership Team Mèmber of the Leadership Team IAMI Member of Leadership Team IAMI Member of the Leadership Team IAMI appointed 01112n020 Hall Supemumetsry Minlster Hardiman Stewart Bray O'malley McKenna Eye5 Revill Potts Attwater Huddleston Senlor Circuit Steward appointed 23rd September 2020 Circuit Steward & Circuit Treasurer Circuit Steward until 31st August 2021 Circuit Steward until 31st August 2021 Circuit Steward Circuit Steward Circuit Steward until 6th September 2021 Circuit Steward appointed 27th June 2021 Circuit Steward until 31st August 2020 arcult Steward appt 18th March 2021 untll 28th November 2021 May Local Preathers Meeting Potts Local Preachers Meeting M¢Donald-Howard Missbon Enabler until 31st October 2021 Bray Rep PPW REPRESENTATIVES Mr John Attwater Mr David Campbell Mr John Cass Mr Derrick Chamberlain Mrs Maureen Clode Mrs Elizabeth Cockbum Mrs Pamela Christopher Mrs Mar8aret Crosby Mr Barry Edwards Mr5 Sue Evans Mr John Forshaw Miss Lesley Goddard Mr5 Doreen Goulding Mr Christopher Hall Mr Lawrence Han50n Stephen Hardiman Margaret Harwood Treasurer liverpool Rd & Russell Rd appoSnted 1st September 2020 Rep Russell Road1Stewardl Trèasurer Liverpool Rd until 31st August 2020 Russell Road TreaSur until 26th September 2020 Rep Victoria until 5th September 2020 Rep Wictorla until 5th September 2020 Rep Liverpool Rd appointed 7th Ortober 2021 Rep Leyland Rd appointed 15th September 2021 Rep Lord St West1Stewardl Treasurer VKtoria until 5th September 2020 &'Class' Rep Rep Bes¢ar Rep Ain5dale (Steward) Rep Ainsdale Rep Leyland Road (Steward) Rep Bescar Rep Virtoria (Stewardl until 5th September 2020 Rep PPW Mr Mrs Page 18
sourHPORT METh00 aRCVtr APPENDIX I CIRCUIT TRiSWEES FOR THE YEAR ENDED 31ST AUGiIST 2021 Rep Comerstone Treasurer Cornerstone Treasurer PPW Rep Cornerstone Rep Lord Street West Mr5 Mr5 Mr Mrs Mrs Mary susan Peter Sandra Ruth Hitchin8S Jone5 Kinlev Lane REPRESENTATIVES ICoTht.) Mrs Mr Mrs Mrs Mr Mr Mr Mrs Mr Suzanne James Jane Pamela Peter David Trevor Dorothy Andrew Ted Judlth Andrew Allen Sheena Jayne lan Patricia Linford Lloyd Maude ¢YMalley Mu5ker Potts Roberts Simpkin Tate Taylor Thomas rrlmble Webb Williams Wilcox Wright Wri8ht Treasurer Bescar Rep tiverpool Rd Treasurer Ainsdale untll 30th September 2020 Treasurer Cornerstone Treasurer Ain5dale appolnted 1st October 2020 Rep Leyland Rd Istewardl Rep St. Francis appointed 27th May 2021 Rep Cornerstone Treasurer Ltyland Road Rep Ainsdale Rep PPW Rep LlveTpooI Rd untll 7th October 2021 St Francis Treasurer Rep St Fran¢is untll 30th lune 2021 Rep tiverpool Rd Treasurer Lord Street West Rep Cornerstone Mrs Dr Mr Mrs Mrs Mr Mr5 CIRCUIT MEEfiNG SECRETARY Dr Dominic Bray Pa8e 19