SOUThPORT METhODIST CIRCUIT TRUSTEES. REPORT AND FINANCIAL sfATEMENTS Fortheyear endlng 31st Au8USt 2022 SOUTHPORT MEfHODIST CIRCUIT TRUSTEES. REPORT AND FINANCIAL STATEMENTS For the year endlng 31st August 2022 Contents Page Charity information Trustees, report Declaration5 Independent examiner's report Statement of Financial Activities io Balance Sheet li Notes to the accounts 12-17 Appendlx l - List of trustees 18-19 SOUTHPORT METHODIST CIRCUIT Reference and Administrative Details for the year ended 31st August 2022 Charlty Name Southport Methodist Circuit Charlty registration England & Wales number 134383 Maln c¢)mmunlcatlon address rcult Office Cornerstone Methodist Church Ic Marshside Road SOUTHPORT PR9 9TL Trustees A full list of trustees is shown In appendix I Clrcult Mlnlsters and officers Actlve Clrcult Mlnlsters Rev MA Kent Rev P Evans Rev Alex Galbraith Rev Peter Lyth Rev sonya Marshall Clrcutt Stewards Mr S Hardiman Mr B Stewart Mrs J McKenna Mrs S Eyes Mr M Huddleston {until November 20211 Treasurer Mr Barry Stewart Independent Examlner Mr S Noad FCA 34 Brighton Road Southport Merseyside PR8 4DD Bankers Central Finance Board 9 Bonhill Street London EC2A 4PE Barclays Bank Lord Street Southport Page I SOUThPORT METHODisr aRcurr TRUSTEES, REPORT AND FINANCIAL STATEMEPITS For the year endin8 31st AUBU￿ 2022 l ObJectiv•s and artivlths 1.1 Charlty obledlves Charity objective is to act as a Resource provlder within the area around Southport for the Methodist Church. The purposes of the Methodist Church are and shall be deemed to have been since the Date of Unlon the advancement of- al The Christian faith in accordance with the doctrlnal standard5 and discipllne of The Methodlst Church,. bl Any charitable purpose for the tlme bein8 of ary Connexional. Distrirt. Circuit. I￿al or other organisation of The Methodist Church,. cl Any charltable purpose for the time beln8 of any society or instrtution subsidiary or anclllary to The Methodist Church,. dl Any purpose lor the time being of any charity being a charity subsidiary or anclllary to The Methodist Church. 1.2 Main 1rtSvltbes l. The organi5ing and resourcln8 of regular public acts of worship open to members of the church and non-members alike. 2. The teaching of Chrlstlanbty through sermons. courses and small groups. 3. The resourcln8 of pastoral work Includlng vlsltlng the sSck and bereaved. 4. Takin8 rellgious assemblles to local schools. 5. Promotion of Christianity through the sta8inB of events and services. 6. Provlsion of chaplaincy services to the l¢xal university and other institutions. 1.3 Publ1¢ benefft The trustees have had regard to the guidance issued by the Charity Commlsslon on public benefit. Z. Review of the year InlrodurtloTh In 2021-2022 the Clrcull and Churches entered a transition 5ta8e post pandemic with in.person meetinB5 returnlnB and a new pattern of worship across the drcult to reflert the new realities of church Ilfe. wlth fewer volunteers and an older age profile. Presbyters The Circuit ha5 three full tlme presbyters: Rev Marie-Anne Kent ISupeTintendentl, Rev Patrick Evans and Rev Sonya Marshall. Rev Marshall Is authorized by Conference to serve as a Methodist Minlster. The long Standing Local Etumenlcal Partnerships with Rev Alex Galbraith. Anglican Minister at St. Franci5 Church and with Rev Peter L￿ at Lord Street West United Church have continued to support the shared mission and worship of three denominations. Rev Rachel Bray. Curate at St Philip and St Paul with Wesley was ordained as a priest in June 2022. The clrcult has applied for her to be authorised to serve. The presbyters support the chaplaincy at Connell Court MHA as well as offefing spiritual care and Holy Communlon at other residential and nursing homes throu8hout Southport. Pa8e 2 soimipoRT METHODISTaRCUtr TRUSTEES. REPORT AND FINANCIAL STATEMENTS For the year ending 3tst Aiigith 2022 Presbyters Icont.) Rev Patrlck Evans focused on the Compassion Acts of which he is a trustee supporting the development of the charity at their new site. the Virtoria Centre. formerly Victoria Methodist Church which is owned by the Methodist Church and leased to Compassion Acts. They support a number of projects to reduce poverty and increase social well belng. Members of the drcutt volunteer and the Foodbank and supported a holiday club for chlldren In recelpt of free school meals. Rev Marfe-Anne Kent and Rev Sonya Marshall both ceased to be trustees wtth Street Pastors as that charity ceased to operate in Southport. The Livin8 Room atso ceased to re-open post pondemic because of a lack of volunteers and concern5 for Health and Safety. Rev Marie-Anne Kent started a Level 4 Proiecl Mana8ement Apprenticeshlp wlth Multlverse In March 2022 sponsored by the Methodlst Church. She took a three month sabbatKal during the surnmeT of 2022. She completed her Flrst Ald at work course and a Mentsl Health First Aid course. Rev Sonya Marshall continued as a trustee for Southport Area Schoob Worker Trust whlch provldes assemblSes, lessons, presentations and extra-curricular clubs and activities for IcKal schools which supports emotional and mental health for primary and sttondary aged chlldren Liverpool Distrirt Sevel commltments continue for MarievAnne as Olstrlct Candldates Secretary and for PatrSck who has been appointed as the Dlstritt Probationers Secretsry. MarievAnne wa5 also appolnted Deputy Dlstrfct Chair. Patrick and Marie-Anne also sUPPOrt the Connexional Positive Worklng Together strategy whith encourages everyone to reflect on the way in which they en8a8e and interact with each other withln the life if the church an(i the wider community. Patrick trained wtth A Place for Hope as a mediator. Our circuit admlnlstrator and Safe8uardinB Ofncer stepped down In March 2022 havlnB been In a post for a very short time. The post was re-advertised but no one was appointed to the adminlstrator role. Jack Watson was appolnted as Clrcuit Safeguarding Officer. In order to comply wtth the Data Protectlon Act IGDPRI. Martln Maynard Circuit Webmaster was appolnted to roll out an outllne database, Churchsulte. forthe circult churches. Thos wlll be cOmp￿ted In 202212023. Rev Martin Abrams and Rev Jan Fraser are Chaplalns at Southport and Ormskirk Hospltal Trust and Martln Is the Trust 'Freedom to speak up Guardian.. 2. Rwlew of the ye•r Sally Eyes the Clrcult Outreath Lay Worker restsrted face to face Bereavement Courses. 6 week courses to SUPPOrt those recent￿ bereaved in the community. She has also supported the opening of a Food Pantry at Liverpool Road. Sincere gratitude is a150 expressed to those trustees who have retired durfng the course of the year and to new appointees. Page 3 SOUTHPORT METHODisf CIRCUIT TRUSTEES. REpoKf AND FINANaAL ￿ATEmENTs For the year ending 3tst August 2022 Future developments There are conversations about Circuit boundaries wtth the possibility of Formby Methodist Church joining the clrcuit in 2023. Following church Re￿iewS conduced in in 202012021 circuit churches are contlnulng to explore their future mission with ecumenical partners and neighbouring Methodlst Churches. The age profile and lack of volunteers means that it is difficult to fill required offices Flnance During the year the Qrcuit received irKome of £305.41112021 £388,347) Including the transfer of £16,259 from Vlctorla Methodist Church. Income derlves principally from the assessment income it rerelved from the churches whlch form part of the Circult. Expendlture on charitable activfcles amounted to £296,510 12021 £289,887). Excludin8 capital receipts and revaluations, the net surplu5 for the year was £8,901 compared to net deficit (excluding capital receSpt51 of £23,394 in 2021. StSpends and lay salarle5 for the year were reduced by £17,494 and expendlture on the upkeep of thè arcult, manses was reduced by £14,573. It is the charity's policy to malntain general fund reserves of approximately four months, Beneral expendlture In order to maintaln sufficient reseNes to accommodate any unexpected requlrements on the charity'5 funds. At the year end ￿serveS amounted to £495,36312021 £488.6221, and the increase in reserves is explained by the Increase In the CMT funds following the sale of a church bulkJln8 during 2021. Pl*ns for 202V23 Clrcult finan¢Sal plans for the comin8 year have been prepared on the basis that there remalns three fijll-time ordained staff with anticipated cost liwn8 Stipend increases, combined wlth an lficrease In the assessment paid to the district 5u¢h that the assessment for each church wlll not be 5ncreased In the forthcomin8 year. 3. Strurture• governance and m•na8ement Governlng documents The 8overnlng document for the Circuit is the Deed of Union 11932} and Methodist Church Act 119761. Governance arrangements are outlined within the Constitutional Practlce and Discipline of the Methodist Church by order of the annual conference ICPDI. Day to day management of the Q"rcuit 15 undertaken by the Circurt Leadershlp team along W¢th the local preacher5, mèèting. Charity con5titutlon Tnjst deed. Pa8e 4 SOUThPORT mETH0￿5T aRCU TRUSTEES, REPORT AND FINANCIAL STATEMEKrs For the year endlng 3tst Aug￿¢ 2022 Trustee tralnln8 A range of guldance produced by Methodist Connexion to support the effertNe runnin8 of the arcult, specifically the leaflet 'The Role of a Trustee in The Methodist Church, is given to all new Circult meetlng members as Induct1￿ to their role a5 trustees. Related partles The Clrcult Is part of the Llverpool Dlstrkt and ts also accountsble to the Methodist Conference. The followln8 Methodlst Churches are linked to the Circuit.._ Alnsdale, Bescar Lane, Leyland Road, Llverpool Road, Lord St West ILEP URCI. Cornerstone. St. PhllSp & St. Paul with Wesley ILEP Anglican), St Frnncis of Assisi ILEP Anglican) and Russell Iload. Other related party tran5actlons are disclosed In the accounts Rlsk Managèment The malor rlsks have been identrfied and recorded by the Clrcult Leadership with professlonal advlce taken as requlred There Is an annual revlew process undertaken and recorded and rlsks are revlewed throughout the year. Income and Expenditure Is being mon￿ored In totsl and Is compared with the approved annual budget on a half- yearly ba515 to detett trends as part of the risk management process to avoid unforeseen ca115 on reserves . S•feguardlni Every person has a value and dlgnlty which comes directly from the creatlon of male and female In God's own Image and Ilkeness. ChrlstSans see this potential as fulfilled by God's rwreatlon of us in Christ. Among Other thin8$ thls Implles a duty to value all people as bearin8 the Image of God ènd therefore to protect them from harm. Methodlst Connexional practlce outllnes commltment to the followlng pdnciples: the care and nurture of, and resptcthjl pastoral ministry wfth. all children. youn8 people and adults the safe8uardln8 and protectlon of all chlldren. youn8 people and adults when they are vulnerable the estsblishing of Safe. caring ¢ommunlties which provide a loving environment where there 15 informed vl8llan¢e as to the dangers of abuse. We wlll Ca￿tU1￿ select and train all those WFth any responsibilty within the Church, in Ilne with Safer Recruitment principles, including the use of criminal records disclosures and registration with the relevant vettlng and barring schemes • We will respond wthout delay to every complaint made which su88e5ts that an adult, child or youn8 person may have been harmed, cwperatin8 With the police and local authority in any investigation. • We will seek to work wlth anyone who has suffered abuse. developing With them an appropriate ministry of informed pastoral care. Page 5 SOUThPORT MEfHODIST CIRcurr TRusfEfS' REPORT ANO FINANaAL STATEMENTS For the year endirwa 31st August 1022 Safe8uarding Icont.) • We will seek to Challenge any abuse of power. especlally by anyone in a posltlon of trust. We will seek to offer pastoral care and support. including supervision and referral to the proper authorities, to any member of our churth community known to have offended against a child. youn8 person or vulnerable adult. In all these principles we will follow legislation. 8uSdance and recognised 8ood practice The Southport Clrcuit commlts Itself to ensurire the Implementation of Connexlonal SafeguardlnB Policv; government1È8lslatlon, guldance and safe practke In the Circuit and in the churches. The Southport Clrcuft commits itself to the provlsion of support, advlce and training for lay and ordalned people that wlll ensure people are clear and confldent about theSr roles and responsibilities In safeguarding and promoting the welfare of chSldren and adults who may be vulnerable. The Circuit is supported In these responsibilities by the Orcuit Safe8uarding Offlcer. Page 6 SOLrrHPORT METHODIST CIRCUtr TRUSTEES. REPORT AND FINANCIAL STATEMENTS Forthe year ending 3tst August 2022 Statement of Trustee5 Responslbllitles for the Year Ended 31 August 2022 The trustees are re5ponslble for preparing the Report of the Trustees and the finanaal statements In accordance with applicable law and United Kingdom Accountln8 Standards Iunited Kin8dom Generally Accepted Accountin8 Practice). The law applicable to charltles In England and Wales, the Charltles Art 2011, Charity IAccounts and Reports) Regulations 2008 and the provisions of the trust deed requires the tnjstees to prepare financlal statements for e?ch financial year whlch glve a true and fair View of the state of affalrs of the charity and of the incoming resources and application of resources, Includin8 the income and expenditure, of the charity for that perlod. In preparing those financial statements, the trustee5 are required to - select sultable accountln8 pollcSes and then apply them consistentlyi - observe the methods and prlnciples In the Charlty SORP {FRS 1021 ' make lud8ements and estimates that are reasonable and prudent; prepare the flnanclal statements on the 8oln8 concern basis unless It Is Inapproprlate to presume that the harity will continue in business. The trustees are responsible for keepln8 proper accourrting records which dls¢lose wlth reasonable accuracy at any time the financ131 poS￿10n of the charty 3nd to enable them to ensure that the flnanclal Statements cornply wlth the Charltles Act 2011. the Charity (Accounts and Reports) Regulations 2(KJ8 and the protlslons of the trust deed. They are also responsible for safe8uardin8 the assets of the charity and hence for tskin8 reasonable steps for the prevention and detertion of fraud and other irregularities. Approved by order of the board of trustees and slgned on bts behalf by: 2.Lkn..martO ZQZ5 SSgnature Date Full name Page 7 ACCOUNTS FOR THE YEAR ENDEO 3￿AUGU5r 2022 Declar*ions and Scrutiny I confirm that these accrua15-ba5ed atcounts for the year to 31 August 2022 have been prepared from the records of the Circuit and that they include all funds under the tontrol of the Ctrcuit. Signature of treasurer...-..-..-............. Oate...... Name and address of treasurer..... ML. E S<6JAL4 R£* 6Dz Pr•s•ntatlon tothq Ckult m••t1Tr8 I conflmi that the annual report and •ccounts for the year ended 31 August 2022 were 5ented to the ClrcuSt meetin8 held on .2.CLh..m.a.ffh...W2B Slgnature of the Chalr of the meedn8 Name of the Chalr of thè meetong Page 8 Independent Examlnerfs ReportM the Tnotees of the sourHPORT MEfMooisT aRCUIT Charity No 1134383 R•sponslbllltles ar*d lJa515 of report I report to the trustees on my examination of the accounts of the Southport Methodist Circuit for the year ended 31 August 2022 set out on pages 10 to 17. A5 the Cir¢ulYs trustees, you are responsible for the preparation of th¢ accovnts in accordance wlth the requirements of thè Charities Art 20111'the ACYI. I report in respect of my e¥arnination of the Qrcurys accounts carried out under section 145 of the Act and. in Carry[￿ out my examination, I have followed all the applicable Diredions given by the Charity Commi55ion under s￿l0n 145lSllbl of the Act. Independent Examln•rfs Stat•m•nt The ar¢ults gross Income exceeded £250,CIYJ and l am qualified to undèrtake the examination bv bèln8 a qualified member of the Institute of Chartered Ac£ountants in England and Wales. I ha￿ completed my examination. I confirni that no Material matters have come to my attentlon In connectlon wbth the examlnation whlch give me cause to belleve that in. any material respert.. the accountlng records were not kept In accordance with section 130 of the Act; or the a¢¢ounts do not accord with the accountin8 records: or the attounts do not complywrth the applicable requirem*nts concernlng the forni and content of accounts set ¢Wt in the Charit5es IAccounts and Reports) Regulations 2( other than any requlrementthat the accounts glve a 'true and falrf vlew, whith Is not a rnatter Cortslde￿d as part of an Independent examination. the trustees, annual report 15 not consistent with the accotsnts. I have no concerns and have come auoss no other matters in connection 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 have not obtained Independent verlfication of all Investments wth the Trustees for Methodlst Church Purposes or held In other trusts bank balances and fund5 at the Central Finance Board of the Methodist Church whi¢h are indNidually In excess of £io,rJx) (ten thou$3nd pounds) at the balance sheet date 518nature of Independent examlner.-.--....... £rffviri bJoAO CI4AfÈTEiieD Name of independent examirter Relevant professional qualificatSon of Independent examiner Address 31- ￿l414r￿ 21 rlknc•t 2023 Page 9 SOUTHPORT METHOtMSTCIRCUIT Statement of FlnaKlal Actl¥l¢kn forthe par endod 31 Au8U5t 2022 Notssto ar￿￿t Oesl8nated G¢neral Tn￿t Fund Fund Tot•1 a(￿￿nts IVnr•Strlrt￿1 lI￿restrIcted) IUnrn5tr5rtedl 2021-22 Totsl 2020-11 Income and endowménts from: Donatlons and legacles Charltable actlvltles Investment income Other l•¢ome 16,259 17.239 239.365 2,570 46.237 3CpJ 239.802 1,545 24.846 121,854 239.365 511 46.237 1.983 76 Cap¢tal receipts Totsl 287.093 1,983 16,335 305AII 388.J47 Expendbture Grants and donatlons Salar￿$ and assoclated costs Proyrty maintenance Dlstrlct Asse55rnent & Levy Depreciotlon Telephone and trbvel Insurance and Lrtllifj•s Other expendkure 3.860 133.415 6,409 60,935 107 3.9)2 12,392 24,488 3,170 150,909 20,982 67,818 142 3,045 12,204 31.617 13JA15 15.051 75.986 107 3.901 12.392 25,439 905 Tot41 245, 50,956 29&SIO 289,887 Galns on revaluatlon olflxed •ss¢ts Galns/llosse51 on mofietary Investrnents 12 12 219.OtK) 5,596 12,267) 12,2671 Net In¢omell•xpvnthur•l 41,585 151.2401 16,289 6,634 323,056 Tran5fefs be￿eefi lund5 Nrt mmment In frjnds Total funds brou8ht forward Total funds carrkd forward 16 16 16 41,585 1.421.676 151,2401 317.3SO 16.289 6.654 1.739,026 323,OS6 1,415,970 16 1,463,261 266.110 16.289 1,745,660 1,739,026 The notes on pages 12 to 17 fofrn part of the financlal ststemÈnts Page 10 SOLITHPORT METHOD￿ aRCU Balant• Sh•*t as at 31 A¥•tyt 2022 General Fund fjrcuit Modd Deslsnated Tota15 2022 Totals 2021 IUnre#rirted) Trusts Funds lunrestrirt￿j lun￿5¢￿£￿) Tangible assets Investment property Investments Tvtsl fixed assets li 12 13 561.297 689,C*XI 561.297 561.404 689,CM)O 36,083 1,286,487 33A16 33A16 33.816 1284.113 1.250.297 Curr•nt ￿%•1$ Debtors Central Flnance Board Deposks Cash at Bank and In hand Totsl ￿￿ent assets 14 9,023 444,588 31,S27 485.138 IfA),857 57.444 227.789 232,294 393,151 73.73J 47637Z 16,289 16,289 232,294 Curr•rt Ilabllltles Credltors (due in under l year) N•t curr•nt •swtsllhbllhl•s 15 14,825 212,964 14AZ5 461,547 32,599 452,539 232,294 16,289 N•t 495ets 1.463,261 266.110 16,289 1,745.660 1,739,026 Funds of the Clr¢ult General Fund Iunrestrlctedl Clrcuit Model Trust Fund Iunrestrirtedl 16 L463,261 1.463261 1,421,676 16 266.110 266,110 16.289 16389 16,289 1,745.660 317.350 TDf*l Funds 1,463,261 266.110 1,739,026 The flnandal staternents were approved by the Clrcutt trustee5 on20.nbtthlE3. and were si8ned on Its bèhalf bv". MAKenl Trustee The notes on pages 12 to 17 forrn part of thÈfinancSal ststements. Page 11 SOUTHPORT METHODJST aRCU NOTES TOTHE ACCOUPlfS FOR THE YEAR ENDED 3isfAUGUST2022 l Basls of accountkn8 Acfountln8 Standard The financial statements of the charity. whbch 15 3 wblic benefft entlty under FRS 102, have been prepared in attordance with the Charities SORP IFRS 1021 'Accounting and Reportin8 by tharitie5.' Statement of Recommended Practice appllcable to charitie5 Preparin8 their attounts In accordan￿ with the Financial Reportin8 5tsndard applicable in the UK and Republic of Irtland IFRS 1021 leffe(tive l January 20191., Flnanaal RepJrtln8 Standard 102 The Financial Reportlll8 Standard applicable in the UK and Republic of Ireland. and the Charities Act 2011. The financlal statements have been prepared under the historleal cost ¢onvenliM. wtth the exceptlon of Investments which are Included at market vBIue. The fSnancial statements are prepared on a going concern basis under the historical cost convention. modified to induile certain items at fair value. Assets and liabilities afe initially recognised at historical cost or transactlon value unless otherwlse stated in the ￿levant accounting policy. The financial statements are presented in stedln8 whlch 15 the fuThctlonal currency of the charlty and founded to the nearest E Funds The fvnds held constIl￿e. General Funds held for any purF*)se Of the OicuSt whlch are Llnre5trfcted,. The Circuit Model Trust Fursd has wide purposes deflned In Standlno Orders and is cate8orlsed as unrestricted,. a desl8nated fund which is unrestrfrted in respect of Victoria Methodist Church for buildln8 malntenance. Restrfcted fvnds are held for a narrower purpose . There are no Endowment fvnds. Oetails of eath materlal fvnd are dlsdosed In tbe fSnal note to these accounts. Any funds rnay be represented b¥ more than just cash. Publlc b•nefft entlty The Southport Methodist arcult meets the definltion of • publlc benefit entity under FRS 102 Oails These atcounts have been prtpared on the basls of hlstorftal Cost except that Inve5trnents are shown at thelr market value at the end of the year, and on the accruals basi5 to show a true and falr view of the ClrcuSt's fSnancial posltion and activities. GOI￿ Concern The account5 have been prepared on the $oln8 concern bas1$ whl¢h thè trustees conslder to be approprlate based on the level of the tharity's reseNes. Incom1￿ Rèsourt Income is included In the Statement of Flnanclal Advltles ISOFAI when the Clrcult becomes entttled to the re59urce5. and the trustees are rezsonabty eertaln they wlll recelvt the resources,. and the monetary value can be measured with sufficiefit rellability. Resou￿¢5 Expended This is re¢ognised when a liabillty Is incurred. or a con5truttlve obllgatlon arises. that results In the payment beln8 unavoidable. Liabilities are recoBnlsed as soon as an outflow ol economK benefit is consldered mre likely than not under the legal or constructfve obligation commbttln8 the Orcuil to pay resources. Grar Grants made by the CITcuSt from its own funds are recognised In full ai the Ume of a8reement or when the Circult accepts that there 15 a legal or operational obligation to make the payment. VAT Since the Cirtuit 15 ¥Mrt VAT re8isiered. all input VAT 15 char8ed with the expenses to whlch it refers. Page 12 sourHPORT METrIOD15f aRcuir IIOTESTOTHE ACCOUNTS FOR TrIE YEAR ENDED 31ST AUGU￿ Z02Z Tanglble fix•d asmts for tyihe arojlt Tan8ible fixed assets are c3ptslised if caft be used for morethan one year. and cost at least £%N). The fjrtuTrt has made use of the deen*d cost optkjn on transltioning to FRS 102. The value of the manses Is shown in the accounts at deemed historical tost. representing each prope￿$ carrying value as at 1st September 2015. No depr￿latIon Is prowded on the manse5 because the tn15tee5 consider the cyr￿n1 residual value of each property in Its present condltlon to be not less than its deemed histortcal cos( and, tn the absence of evidence of impairrnent, any depretlatlon provlslon for the bulldlnzu)mp0￿nt ofthe property ￿￿Uld ￿ Immaterlal. Flxtur•s and Ilttln8s are depreclated at the Trte of 25% perannum on net book value. Fund Accountln8 Unrestrlcted funds can be used In a¢tordancèwth the arcU￿$ cha￿ta￿e objects at the dlscretlon of the trustées. In¥•slm•nts Investments are valued In the balance sheet at market value at the year end. Investmènt Income 15 Included In the accounts when recelvable and afiy 8ains or k)sses on revalvation at the year end are shown in the SOF 2 Donattons rve 2022 2021 Donation5 17.237 3¢ Durlng the yearthe Circvit recelved £16,259 fromvlctorla Methimlist Church whith has been trtated as a donatlon and allocated to a separate desi8nated fund for the malntenance of the bulldin& 3 Charltatd* x1tr41t 2022 2021 Assessments on churches 239,365 239.802 The C1￿￿1t comprises d8ht churthes and etKh churth pays an a55￿ment to the Or¢ult detemilned on the basls of Its m•mbershlp. 41 In¥•stm•nt Sncorne 2022 2021 Central Flnance Boafd Central linaThce 8oard- Virtoria Fund Miscellaneous 1,983 76 511 2.570 1,349 196 1,545 Qth•r Incom• 2022 2021 Job Retention Schemt grants Rental income 8,674 16.172 46.237 46.237 24,846 Pw13 SOUTHpoirr METH0015T CIRCUIT NOTESTO THEAccouiif5 FOR ThE YEAR ENDED 31sfAUGUST2022 6 Capltsl re¢elpts 2021 Gross sale prt