SOUThPORT MEtHODlSr aRCUIT TRUSTEES, REPORT AND FINANaAL STATEMENTS For the yw endl 31st Awrt 2023 SOUThPORT mETHO￿T CIRcurr TRUSTEES. REPORT AND FINANCIAL STATEMENTS For the y￿r ending 31st August 2023 Contents Charity inforniation Trustees, ￿pOrt Declarations Independent examinerfs report Statement of Financial Artivities io Balance Sheet li Notes to the accounts 12-17 Appendix l - List of trustees 18-19 SOUTHPORT METHODIST CIRcurr Reference and Administrative Details for the yw *nded 31st August 2023 Charlty Name Southport Methodist Qrcuit Charlty registration England & Wales number 134383 Maln communicatlon address Circuit Office Leyland Road Methodist Church Leyland Road Southport PR9 9JQ Tn￿tee5 A full list of trustees is shown in appendlx I Clrcult Mlnlsters and offi¢ers Actlve arcult Mlnlsters Rev MA Kent Rev P Evans Rev Alex Galbraith Rev Peter Lyth Rev Sonya Marshall Clrcult Stewards Mr S Hardiman Mr B Stewart Mrsj McKenna Mrs S Eyes Mrs S Potts Ms L Goddard Treasurer Mr Barry Stewart Independent Examlner Mrs 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 Ll Charlty o14e¢thry Charity obJect￿e tsto actas a ResLwJV￿ tre¥ea ar(0Jnd￿frXthe meth(￿1st Church. The wrw)ses ofthe MetlK>dtst Churth ￿ aryl shall be deemed to ha* t*ert s￿￿e the Date of Un￿n the atharKementof.. al The Cthrtstknfaith in acco￿anCe wlththe ththnal slJndards and thxlpllne of The Methtsdlst Church,. bl Any chartsble wrrA>se fortht ilme aTriConnexI￿L Oknit kKal or other organisatlon The method￿tChurCh.. cl ATry Charitab￿ pu￿￿1$*fOr ￿ ttrne bel￿Of ary9x￿tyor¥&vIU¢kn gtsldlary or4rKillaryto The methOd￿t Churth: dl Any purposeforthetime bel￿Of •ny¢h•rtty bdry4 chaflty wbslthry orJrKIUarytoThe MethodLst Church. 12 M4n l. The oryanisiry and re5tWrd￿ otwlaf of wotshlpopento n*mbersofthechurth and non-members al&e. 2. The teaChI￿Of Chri5tiarMty thrTh4h senTh)ns Cowsesand small t￿P 3. The resourcts¥of pastoral Tth ¥KkJrfi￿¥￿lVrrfthe skk aThJ befta¥ed. 4. Tak[￿ rellgw5 a5sembl*sto school5. 5. Prornotlon ot Chr15tlantythrou8h the staqlni otebpnts and5erb*es. 1.3 Publk b•n•l The trustees ha¥e Te8ard tots* ￿￿j¢d ￿the Charlty Q>mm155k)n on wblk benefft. 2. ReTAèw of th•¥ The clrcult ha$ 3 fv11 tlmE pre5byiets: Rev mar*-An￿ Kent i*rtrrt•tyJthtl, Rev Patdck Evans, and Rev Sonya Marshall. Rev Sonyd Marsh•H b a¢rtfr￿rkned to serve as a Metwlst Minister ￿ the Methodlst Conferer*e. The three k>rq Stand1r￿ LC￿1 EoJmtnt•l par1nws￿ at St Francisof A￿￿￿, 5t phlllp and St Paul wf(h Wesley (both thrch of Er*rwJl and Lord Street West Unlted Clwwch (United Reformed Churthl continue to supp)rt shared rntssb)n and *rnhlp Of￿ dr¢uf(. Re4. Alex Galbfalth, Rev Rachel 8rdy (both Church of E￿aN3) and R￿. Peter Lyth (United Ref0m￿d thurthl am auth)dsed to 5ervÈ as ￿thOd1$t Minlsters by the 1AethLWJ￿ ConfErtrte. This Is rwewed annualty. The Presbyte￿ supr￿1 tr￿ ch8pl•lExy at Connell C(wJrt MHA as as offerkng splfittml and Holy Cornmun￿ Jt other [￿dentIal and nursi￿ IKJmes i￿￿¥t Sc4rtlwrt on a rwilar These alè non. denominatyonal sewvke5 ollered to am fes1dth￿. Rev. Evans ro￿ as a trustee of CompassKffi Plts contynued seelng new prohects develop to reduce poverty and reduce ￿)CIal exdusioft. He is a Th￿fraI0￿ for Place IDr H(4)e and has been Invofved with a number of churches acr055 the country as part ofts Meth)dist Church's connexbnal Inltlakn*. He is atso the ￿￿erpOOl Dlstitt Proba￿ne￿S *retary supportiry ministtts wep)rkn8forordinatitin. 2. Revlew ol Rev. Marre-Anne Kent eThJed L￿1 4 Project Manwent eship wtth Muhi¥erse in April 2023. New skills and In$￿ts **re gained. She stood Ilown as Disthct C4ThjId*￿ *retsry as a new system was introduced across the ts￿15t trtrt contbnw to sit on tbe Ltr4prp￿l Di5trKI Polky Committee. who att as tnjstees for the Metwst Dbtr*L Both PatrKk and Marle-Anne slt on the Distrkt Reconcilthtjoft Group. Rev Sonya Mar5haM stepped down lrnrn her Tole as • trustee for s￿rth￿rt Worters Twst. ShlTley Pott5 a clrcufjt steward kKal preKher contlnues ￿ tIw5 role whKh pro¥th a￿mbl￿5. ￿ssonS. presentatk)ns and extra18 from across the clrcult enga8lng them Mt onty in falth matters world affairstoo. Theyattended the Method¢st Youth Conference 36enerate In the NEC 81rm1￿M In (knjbw 2022. HO￿ was also whtth b a programme to SUPPOrt wellbeln8 and rr*ntsl heath Rev. Martin Ai¥arns and Jan Fraser are Chapkiths at SOuth￿t aThJ om￿￿rk hospltals whkh be￿me part ofthe Mefsey and South LarKaShI￿ Teachlry Hosptsls NHSTrusi injuty 2023. sh1[￿ Ptst￿ a Local Prea¢hef, is also a member of the Chap￿1￿￿ team. The Orcuh was asked to conslderthe CoTrfer￿ thxument Tr Cu4•nant Relthnshlp Bètween the Church and Mlnisters., ¥thlch sets out the eommlbM*ts and txpectatw)ns for rnln15ters, offlce holders and mem￿r$tO be kn Yull conr*xknn'. The Clrcyh app)inted Margaret Wler as the tlrcuft Jdmi￿strat0r In Stpttmber 2022 for 24 IKJUfS a wee*. Th15 Post had been ¥a(ant for J Nmbtr of montts WKI clrtuit offke Rw¥ed to LeyL4nd Road Methodlst Church. The Cirturt Safe6uardlrq Oflker appoln*d sumrntr of 2022 ran a rwmbèr of orAlne JThd face to face Foundatlon and Advanced TnlAlr¥J sesskjns to e￿jr¢ that backkng In troln1￿ to the pandemlc was addressed. Thi5 was accompanled trsf maTrJatory Equalrty. DNeFslty and I￿lU$￿Tr znd Unconsclous Blas training forcircuit and hxal thurth Offi￿ hoWers. Martln Maynard is our GOPR and ran trnknI￿ sesskn across the drcult to ensure that we are compliant wlth the Data Protectk)n Act 2018. Sally Eyes the a￿￿￿t outle￿ lay Wowker ran thè 8e1emft￿￿1 C4)Utse t*kn In the comnwJnlty workln8 those who feel tsolated due to the bss of or*s. She tontlnues to support tr￿ weewy food pantry at LNerrA)ol Road for those who a￿ stn¥￿ir￿ with food tK)¥erty whKh Is a 6rowt￿ need In the area. She also helped to establlsh the Blrkdale Community Librnry Hub at LpRrpool Road to suP￿rt Illelow leamlng. She suprK)rtstht SA$￿ Messy at St Phly P￿fft•ry sd￿1. Ray FlanaBan and le5￿60(￿￿aTd apw>inted OrCu￿St*War￿S In September 2022 and weaTr 8rateful for the diliqente of all ourtru5tees. Bescar Lane MetlxKltst Church voted to cb)5e for wotshlp bi September 2024 1ovlE)g spent a signlficant amovntofts.me exrAor1￿erUrne￿Kal fink5 wlth St Marys karisbTKL The Post Offke will te cOnsU￿ed as the ¢hLtrch atrrentty hosts this OkKe a Cornerstone MEthx)dlst thurth con￿￿je5 to exploie thelr f￿Ure on the Mar5hide Road sfte. A s¥nffitant amount of time w05 also wNested h) emrAowry a fjrcuit Property Manager but thls was unsuccessfvl. Thls Ls a prbjrrty for the ciwtuit 6oir8 fo￿ bec￿￿ ot the Thjmtw of woperty projects and sthemesthat are bel￿ Conside￿d. The clrcult corrtlnued to con¥ersatknAs t*rth for FO￿1￿ melt￿*dIst Church to loin the Southwrt Cbrculton ￿ September 2023. Not only are the￿ COn￿[SaI￿n5 about dIrU￿ tthTh*ary changes the sOuth￿rt Omjlt also voted to joln the new Northwest En8knd 015thct kn Septunkn 2024. Thts will I￿n a hup (harv In hgw we work as a CIrcU￿ golrwafo￿bTd. Three clrcult dwrches ¥Otedto alkw same se¥ nHfw* aThJ art In tr* proce$5 of belr4 reg￿tered to condurt them. Flnanc• Durlng the year the artuft fttelved I￿)me ofÉ262.71412022 E305.4111. InCOff￿ derNe5 pfinclpaltyfrom the assessment IrKome It recew Irom the churche5 ¥thlch fomi part of the fjrcull. ExpenrtitU￿ on charhab artivitles affK)unted to £38S.21912022 £296.5101. Exdudng ca￿ts1 rtc*lpts ¥nd re¥aluadons. thè net dtflclt forthe year was £12Zg)5£om￿￿1 to a r*t5Yr￿S lèxchJdlr4 c¥lt¥l r￿lpts) of £￿￿•1 In 2022. Durlng the yearthe Orcult sokl and I￿estment yopertyat Farrn aose. Southport for £330,OD), resulting in loss on dlsposal of E30.146. Wh￿ tompared to the esymated mark* value 01 £359.¢Y)O shown as t czrryift8value in the acmunts. An a￿￿￿nt of £107,237 was tyanslerred to the Connexbnal prlorlty Fund from the sale pfoceeds. Stipends aNI lay 5atsr*s for the year k*rtased ty EIL71718.PAI and expendI￿re on the upkeèp of the Circurt's proFertles I￿reaSed £6ffi. It s the chorltys polty to mawrtain gewal I￿￿ rese￿5 of approximately four n￿nths, pneral expendiiure In order to malntsln 5trffkieni accommodate arry Unexp￿ted requlrements on the tharRy'sfond5. At the year end re5ew¥es awrthnted to n(X).35612022 £495,363). and the IrKTease in re5eYves is explained bv the Intrease In olclrculi propert*& Planslor 2023n4 Clrcuit financlal piins for the coming year been wep•red on the bas15thot the￿ ￿m￿lnS three full-tlmè ordained staff wlth artiipated cost livi￿ 5bpeThJ IrKrea$￿ combir*d T*iih an increase in the assessment pald to ￿ dlstrkt thatthe assesswt foreach churth wdl Th)t be Inueased kn the fortlKomin8 year. Pa8e4 The Koverning document lor Orcult 6 the [￿ed of Urmon 119321 and Methodist Church 119761. Governance aTTa￿en￿￿ a￿ 0￿￿1ned wiihin tr* Cfjrfjtltsth￿ aThl DwPI￿ of the Methodist Chufch by order ofthe annual confererte ICPOI. Day to day managernent of the (Yculi 15 UTh￿rtaken Orcult Leadetshw) tearn along with the lctal preachers, meeti Trust deed. tsal A ran8e ol guldarKe woduced by Method&t Corrn¥M to support the effettive rtJnnin8 of the ClrculL Specrfka1￿ the leafiet Yhe Role of a In￿ Church, b 84¥en to new Circuit meetln8 members as Ind￿￿Tr ¢0 their TO￿ astiustees. R•latsd p*il•s The Circuit is part of DI$ttttar￿ b also ¥cwuntaL4e to the MettKtytst Q>nfereru. The followln Methodbt Churthes a￿ Ilnked to the Orcuitr.- Alnsdale. Bexar Lam, Leyland Ro•d. Lhyrpool Lord St West ILEP URQ. Comerstone. SL Phlllp & St. Paul wlth We$￿V ILEP ￿￿kan1. St Flan¢15 of Assw ILEPAw¥kanl•nd Russell R¢)ad. Other retstsd ￿rtytran5￿th)￿saVe dtsdosed In tt*a¢c1￿r malor rlsks have been Idend￿d and rttorded ty tl* Orcult L*a(knhlp wth profess￿nal advke raken as requlred Ther• Is ¥n annual re¥knv undertaken and rtcordod •nd r15k$ throughout thè veaf. InCOff￿ and EX￿rtditU￿ Ls bel￿ n￿ft0red In total and Is comparnd with the approved ènnual hjdget on a ha￿.Yeart¥ basts to dètect treThts as part of the ti5k mana8ewt P￿￿5$ ￿ a¥okl unforeseen calls on reseNes. 5af•8uardl Every person has a and th4nSty whkh tomes dredty frnm tl* cfea¥on of rnalEznd fema￿ In Go&s own Image and Ilkenes5. Chrlstlan5 see thLs Fotentlal a5 fuffilled by Ws r&creat￿n ol us in Chrlst. AmonB Other Ihln8s this Impllesa duty to yah￿ all people a5 Irhwge of God and tr*refore to wottrt them from harm. 4 the ore and nurture of. aod r￿&￿thE1 pas￿1 mwustyTrt al p2Dy4e adulls • the safe8uardbnBand FMOtff￿j0f all (hlldren.youw4 &￿pIe and adultswhentkn are¥u1r￿fab1e • the establlshlng of safe. caFlngcornrywnil*s whkh wovKle a wherettr￿ ts Informed vigIlan￿ as to the daryF5 Of abuse. • We will carefvI￿* selectand train allttKsse T*lthaFry rewnslbW*•Jlthknts In wlth Safef Recrultmert PfiKiples. irKhJdin8the useofcrimlnal recL*th dts¢JD$￿?nd re81th￿On Twlth the rebevant ¥ettlng aThJ sd*m • We wlll Yespond wIthr￿t de*to every Complalnt made ¥thith su8yststhat an athj￿, chlkl oryoung pe150n may have ￿en harrned, toop*raiir* wrth ￿ polke and bxal authorlty bn any invest￿. • We wlll seek to *irk wlth who ha5xrffeFtd abJse, dMbpir*wlththem an approprtjte mlnlstry of Informed pastofal ca￿. • We seek to any abjseof kM)w. •speciaty try anyore In a [￿￿)n oftnJsL • We VAII 5etkto offer pèstordl cafe and 5UPFrf Irrtludln8superblslon and refefral to the proper authorltles, to any memtei of our church cOMnwr￿ty kr¥)wn to hrn offerthda8alnst a chld. Wmbng peN)n or vulnerable adutt. • In all thèse prtncl*swe ¥AN foth)w •J*j•n￿ and recog1￿lL￿d Pr￿t￿e The Southport Orru￿ comrnlts ltsell to enswlrq ts Implerner*•tlon of Conr*xbnal Saf*￿41d1n8 Pollcy,. government Wlatlon, 8uldarKe and ￿te wactke In tr* Orcultand In th? thufches. The Southport arcvr( Cornm￿ ftsell to pro¥i5b)n of supw¢ adw and trnlnlng for lay and ordalned people that wlll enwrè people are clear and corffldent at￿)ut i￿1r roks aTrJ reSP)n￿bIn11es In safeguardlftg and promottr¥ the We￿a￿ of chmthen and adults may be Vul￿rabkn. The arcult Is supkvrttd In thele respons￿1￿￿5 trjfthe Sa[wrd￿0ff￿el. Pa8e 6 The trustee5 arÈ w*)r&ble for ryep3FhNg the Rtpyt of the Tru5tee5 aryj tt* Ih)8Maal ststemerts in accordafKe with law and Unrted A££(￿ 5tsFKIa￿ ILIt￿ KI￿d0M Generalty The law èpplkable to charflie5 in Ewylahd ar￿ Wale5. the ChaFllle5 P£t 201L IAttLwrts and Report51 Re8ulatk)ns 2LK)8 and the of tt* trust dèed rewire5 thE trustee5 to prepare fi￿nC￿l statements for eath financial year 8h• a tn* and fair¥iew ofth? state of affalrs of the charity and of the ifkcoming resource5 and applkaih)n of reswrc4 iKlUdI￿ tt* ￿)me and expenditure. of the charity for that period. In preparing those ftnaKtsI 51atemerts, tt*tfttyteesa￿ requlredto . seth Suitab￿ trtcountyry poI￿leS aThlthèn athittr*m consisterty, . obser¥ethe Tr*th￿and wlncl*s kn the Ch¥ltySORP IFRS 1021. - makeludgements and estimates that •re reasonat>le prudtrt,. . prepare the flfiaK6al statemEnls on the con¢em It Is knapwoprl•ts to presume that the tharlty wlll contlnue in t￿SInesS. Thè trustees a￿ res￿￿ble foi keephy proper records whkh d15dose wlth rtasLNlab￿ accuracv at any tlme the flnancijl &￿S￿￿)n ot the ￿￿Tty and to enab￿ them to ensure that the fina￿la1 5tsternents compty with the Charths P£t 201L the (harity I*￿0￿rtS •nd Rewtsl Rew¢•tlon$ 2(￿8 and the provlslons of the trust deed. Tly *￿ 4150 lor ￿OrdI￿ the assets of the charlty and hence for tsklng reasonable sthps forthe pre¥entk)n and detettknn otfrwd aryl otrerltrt8u￿thoeS. Approved by on￿rOf th board oftnBtee5 3rbJ on11$ trr. Signature Full nor Page 7 I confimi thatthese accn*15thased*c(wJnts forthe￿rt0 31 Auw5t 2023 h￿e teen prepared from the retords Of￿ Orcurf( a￿EthattI￿ wthdeaUlur#tsuThlerthpcortrolofthe Ckcurt. Swture oftrea5urer_ Name and address of tre3gJrer_ Cl￿6)$ S&) I confimi thattheannual repLvt•rKlatttyJrtSfortre￿Jrended 31 ALWt 2023 were we5ented to the Clrtult on _.___ Sl¢nature of the Chatrof tht ri*eiii¥ _--. Name of meetlr¢ Pdge 8 I re￿￿ to the tr1￿ on my e¥aMIna￿ ofthè ￿CoUnts oftt* SOUthF￿￿ethod1St 0￿Ult for the year ended 31 ALWSt 2023 set out on p*5 10 to 17. As the fjrcuivs trustees, you are responsible for the preparation of the ac£ounts in Kcordarte with the requirtsnents of the Charities Act 20111.the ACVI. I rekK¢rt in respert of myekiminat¥Jn of the GItu￿5 Kc¢yJnts t￿led out under sectlon 145 ofthe Act and, in carrylng out my exarninatw, I have folk)wed all the applicable Direttlons gpien by the Charity Commlssion un(ler seC￿n 14515llbl otthe kt. The arcuitrs 8ross brthme exceeded £250.(KKI and i am quallfled to urK*rtake the èxamination by beln8 a qualSlled member of the Instiiuteof (hartered ILcountsnts in England and Wales. I have completed my exanlnatton. I confim that no materfa matters ha¥e come to my attentlon In conne¢iion wlth the exwnlnaifion whlch we me caus¢to bellff¥e th* In. any matertal respect: the account1￿ rKtrd5T4¥ere not kept In ￿rdarte ¥Ath sertion 130 ofthe Ac¢. or the accounts do not ￿COrd with the accounting record5: or the accounts do not compty wth the appllcable requlrementscorKerningthe form and content of ￿0￿nts set out in thè Charttles (Accounts and Reports) Re8ulatlons 2008 otherthan any reouirerrRnt that the accounts give a lrne and falrf view. whkh ts not a matter consldered as part of an inde￿ent wmlnatlon. the trustees, annual rewrt b not ¢onslWt tlrtth the accoun I have no concems and ha¥t ¢oN* xn)ss no other mattws In connKUon with the examinotion to which attentlon should be dr**n IN thbs rq>Nt in ordw to enable a proper understandlng of thè accounts to be reached. I have not obtsined Indepe￿Ient Verific￿ of all Inbybmnts ¥Ath the Trustees for Methodist Church Purposes or held irt ¢)ther tntsts, bank bal•Kes and hJnds at the Central Flnance Board of the Methodlst Churth wh￿h ¥e Indhidually in ¢rns of £IOXW (ten thownd poundsl at the balance sheet date gnature of irthpendent e¥aminer._............ .. Name of Independent e¥2miner _ SfuArrr tJGo?..........._......... ... IGIE Rdevant professional qualffKatw)n of trKlependert examirw _._......._... . l* ?1 OA) rr 44]) Date .. 231412o1È Totsl Total Incom¢ and endowffj* fron L)onations and legxies Charitable actNlties Investment Income Other Income 17,239 239,365 2.570 46,237 202.358 4.126 47,142 201358 8.121 523 47,142 Totsl 254.070 4121 523 262.714 305,411 Empendhure Grants and donations Salaries and associated costs Property maintènance Dlstrict As5e5sment & Depreciation Telephone and travel Insurance and utllltles Other ￿pendItUre ,0 145,131 13.272 38,860 133,415 6,409 75.986 107 3,902 12,392 25,439 5,Ui 13272 176.645 118A45 3.931 10.809 24.529 3.931 25333 Total 265.970 119.203 385219 296,510 losses on investments Gainslllossesl on rTh)rhetary In¥e5tmts io 14 130.1461 130,U61 IU361 {1.4361 12,2671 Net IncoMel{•x￿j 142,0461 1112.5181 4n 6.634 Transfer5 bètween fvnds 17 17 17 132&(J311 1370,tsn L463,261 34tr31 215.5T4 266.110 4n (￿lJ￿7) 16.289 L745.660 6,634 1,739,026 Total funds brought fon¥¥d Total funds caffled fomrd 17 L093,124 481,683 16.766 1591,573 1.745,660 The noteson pogÈs 12 to 17 frym wrofthefinarfial statements Page 10 Total$ 2023 Tots15 2022 IUNestrthdl Triims Tangsble assets Investment propertv Investments Totsl Ilxed a55ets 561,217 330.(ts) 561217 561,297 689,(N)O 33,816 1,284,113 14 32,380 32380 32.380 925￿¥7 891.217 Debtois Central Finance Board Deposlts Cash at Bank and in h3nd Totsl currert •S5ets 10.9 591310 8Jh32 685.932 9,488 393,151 73,733 476.372 142,(K17 449.303 16.7E6 16,766 219. 449,303 Curretht IliblNtl•s edltors (due In under I yearl Net CU￿nt •s#¢tslll#bMIths 16 17356 201,￿7 17.956 667,976 14,825 461,547 449.303 16.766 Net assets I,(V93,124 481.683 16,766 Iw1￿75 1,745,660 Funds of th• arcult General Fund Iunrtstrlctedl Clrcult Model Trust Fund IUnre5trirtedl Trustee Interest Fund Totsl Funds 17 Lty33.124 L093.124 1,463.261 17 17 481,683 266,110 16.289 1,745.660 16.766 16.766 16.766 L(Y33,124 481,683 The financial #at*m*rrts were app￿ed bythe Qrcult tntsteeslm......... .... ......... .... wwe 4ned on Its behalfbv.. MAKent Trustee The notes on pages 12 to 17 frym partofthefin*Kial statements. Page 11 Thefinanial Svdtements oftherlwty, ¥Jhith Isa wblic be￿ FR5 101 been wepared in actordlncewlth the Charityes 50RP (FL$ 1021 'PArMin8 arKI kekK¥tW48 StstefflErt of RewmmErMled Practice applicable to tharFtles preparing th￿[ attourts in thE IlerThtiry Standard applrJik in the UK and Republie of Irel￿r￿ IFRS 1021 leffe£ti¥E i January 20191,. fiThantial s￿la￿d 102 The FlnaKlal Rew>rtin8St8ndèrd applicablt l* the LFK and Repubfic of lie1￿. Chaiitles kl 201L Slatem￿ h*b* been prepared under the hlstorkal tertain iteffls at falryak￿. Assets and Iwlylil*sarÈ rerr8rW at hi#orkal com or Iva*sa￿On Val￿ unle55 Otherwise ststÈd the ieknnt ¥tt T8wble fl¥e41as%etsfor uselrythe(lrt The aTCUrt has madE use ol the deemed on to FRS IOL Tr vahje of thE m*5es Is shown in the provided the rnartse5 t*UU5e the truttees c(*)shJer the ￿TT￿l tesidual ofe￿h ￿ in its present cth)d6tlon ro be not le&%than Its deemed lithritsl COSL aTh*. In the absen￿ of e¥wkneof knpalmw alry dewegotl¢m pmvlsion forthe bulld1￿comp0ne￿tOfthe wopthk*yJld behnmthiaL f1xtu￿8fid fittin85 aredeVe￿waItt￿ raeof25Xperawww ￿ btstskTAI￿. Fund U*restrlctsd funds￿ tsey￿ knaccordarts¥Jkh the (knIVsth•rttable(Wsattheth51rtw olthetrustee& Investmenrs ore ￿lUed In the balarKe at market vlL* *t thÈwar end Is Indthled th the ar£ounls when recelvabbe ffjqalbborlosses w ¥e4ahJawi alt￿¥￿arendwe theXIF Don*t￿n$ 17,237 202358 239,365 Theorcult (￿￿Se¥ e4fv1 chwttr*sando**(hL¥th pyfJ• •s$e$s￿￿the uru4totttrmlfiedi￿ ihe b•515 oflts membev5hlp. 2022 ral Flnanr* Ceniial finantt eo*d. Fund TMCP Investments 4,126 $23 &121 770 76 511 2.570 Aentsl Inco 47.142 46,237 47.142 46,237 35,r SA8WTrusi Taketirne Cornerstonelee5 S￿dryd0nat￿S lfts 2.150 710 10,018 Y lry¥nLI P41d Gross wa8Ès. s•Fdr*sand beth kn knnd Employerfs Natlcffjal InSwa￿er￿ls Pensio￿<051$ Totsl staff £0sts I￿,407 9.249 22A7S 103,123 8.518 21.774 133.A15 A%*ra8e nwfiberofstsff kn ihejwwvr. The charity makEs cortrlbvtknns to the MEtlw)dlst MIn￿eT5. Pertslon Sch•w (• behaw ol its mlnlstws. Thls Is a defined benefil scl*me whkh Is treated fry deffftd 5themE on the 8round5 thjl li Is • multl. employer 5rheme ar•J the O¥vJit 45 to thtify 11$ thore ol tht asse15 and ￿￿bi￿lIeS of the Schemè. The am￿rt(harged Inthestaiement ￿ ￿￿￿)*Actr&Thl￿ bsthuefryets*thxthiof p￿51￿ (￿tfit￿li0￿$Va¥obie kn the year. ZOZ? Olstrlct a0￿On¢t1urAl Dlstrlc135se55ll 11,2 58.2DJ 107,237 15ffi1 .935 The ￿tot￿cOn￿￿AknfiIl ofihe Sa￿01•￿ 9 Oth•v •xpM 20 mlnlsuatbn CoMputer￿Pport Le8al and professity￿¢￿e$ Preachers Tralnin8 Poots on thÈweb Sundry expeTrse5 6.276 13,014 810 L329 $70 11,932 4.530 LS53 402 3334 25.333 25,439 Page 14 2022 Sale prrxeeds D￿posal exper IL1461 Valuotion 359.(OJ 130,1461 Oonaiionsand le8arie5 Charltable Investment income Other Income Capital recelpts Total 16.259 17,239 239.365 2,570 46,137 511 76 287,093 16.335 *15,4Jl Ewdiiure Gtsnt$8nd dmatlons Salarle50nd as50Ciated tasts Property malnienarKe Dlsirlct A55essmeni & i Depretiatl TeteF*one andirab*l Insuran￿ and utllltle5 oiherexper*llture Total Insoh reyaliiètfjon olfNed as*t5 G￿t￿(lO$se$l on mwet4rylnb￿1ffleTrts Iltt Sntomelley•ondltw•l 38,860 133.415 fl),935 107 .051 75.986 107 3.￿2 11392 25,439 296,510 11392 50,956 46 11267) 15LZ401 12,2671 6.634 4L585 16.289 Trnnsfersbeh¥een fvJr¥J5 41.585 IA2L676 L463261 151,2401 317.350 16.289 T¢xal funds Iwo4ht lor¥rar i.n9,026 16,289 1,745,660 Page IS 12 T*4lble FIX￿*￿ets Yat dit11￿$ Redaksifir 562.777 5fiJ.977 561777 At 1st September 2022 Deyecl*ti¢)nchwtrfor)Yav sposa At 31stAu8w12023 Plet book￿1￿1 LS L560 SfO,977 561.Z17 At3ts1 s￿￿77 33) $61297 Fwlrwlue At 31stAuBusi 2022 txsposals At31stAv8UM 2023 689.L)yJ 1359,CA)JI 330,IXkl aose Southport W8SSokl•$J￿IlYy10r. The lunds that SUPF¥rt the art￿ Tnot F￿￿ aThJ the Manses furwj are Peld ty TPKP in Trustees Inti¥e5t Funds ¢)n TMCP is the le831 Custr#Jlan TN#ee ￿ al p*)del wapevty, IKludln8 Le*es, Er￿nts Ind AccumU￿ted Fundk T￿￿1 property ￿ hdd ar*J on behaw of kntal T￿slee5 aTe resp￿S￿ble for the day to doy th•Tra￿met￿t ol tnist wtyerty. en￿￿ th•L thwh sw•￿Ing 8ubJance ￿Ing under thdr dlrect+on, the PaEe 16 33.816 33.816 MarketYalL*atstartofv 33A16 3& Gainlloss) ¢Jn Market ￿￿e ai end0f￿r IL43 32,3 12,2671 33.816 Prepaymwts-#WlnathdarKe io. 17,956 J7.956 14.825 I4￿25 17 hlo*mÈnt Total At 1st Se￿ember 2022 Transfers btheen fuTh 14et IrthmefortheJ*r At 31stAugu5t 2023 lJ63.261 132&09 266.1 328.091 11115181 481,683 16.289 1,745.660 77 16.766 1154,0871 1.591,573 IAP33.124 The from The f￿r•￿Il IW￿ to TnJ5t Fw41 is h¥ yes￿ of the net s* yoceeds Irom the ar￿11 oFertyat Farm Cktyt. The CtrcWt Meetiw in I￿e 2021 a8reed to cl￿paSSI)n ¥ th#iiy ￿ of thh ort ol the fjf¢ult's ttustees Is a Iru#ee. to rent ofa OroJt WQFwty. The fv5t th￿e ol t￿1￿ *ase wa5.rent to asslst them in the traN￿tIOn arnann￿l renlalolQOAaL Page 17 CHAIII OF DISTRicr Rev'd Sheryl M CIRCUITMINISTERS Rev'd Rev'd Rev'd Rev'd Rewd Mari&Anne Kent Patrkk Evan5 ex GaI￿rth Member of the LeadershipTeam Memberof the Leadersh￿Tearn IAMI Memi*r of LÈadership Tearn IAMI Mertwofts leade￿hIP Team IAMI Peter Marshall SUPERNUMtRARY Rev'd Ann cIRCU￿STEWARDs JpThnw3ry Minister Mr Mr Dr Mrs stephen Hardlman Barry Stewart Domlnlc Brav Pamela O'malley Jean McKenna Sal Eyes Shirley Potts Le$￿ (￿dd4rd Sen¥Jr aitutt ￿e￿r￿ rcuitstewaid & Qrcurt Twsurtr artult meetirysecfetsry arcult Steward Orcujtsteward Clrcutt&eward aThJ tsy ernpltyee Qrt1J￿t Steward C]￿•￿( Steward Ms Mrs Mrs aRCUITSAFE6UAHIMIIG OFF Jatk Watson Mys Shlr aRcU￿(HuRcH iitsl PT*achers Meetlng Rev'd Rath Rep PPW Ms Sally REPRESENTATI¥E5 Eyes John Rachel TrEayJrer L1¥er[￿￿ Ad & Russell Rd Mrs Campbtll Pamela Christi)thr Margartt Crosby Barry Edward5 Lesky Goddard Doreen Goul(lin8 Christopher Hall Rep Russell Road15tewaTdl Rep Li¥*rpotsl Rd (Steward) Rep Leytsnd Road R*p thrd St West Rep ￿nsda￿ Istewardl Rep Rep Leyland Road Rep Besczr Rep PPW Rep Comersto Treasu￿1 PPW Mrs Ms Mlss Mr5 Me Mrs Mrs Mr Margaret Harwood Mary Peter Sandrn uth Jones Mr5 Ir Lane REPRE5EpifATIVES {ConL) Mrs zanne Llnford Pamela Cymalky Mu5ker Potts RobErt5 rnpkin Tate Webb Treastjrer Cornerstone Treasurer Ajnsdale Rep Leyland Rd (Steward) Rep 5t. F￿r￿aP￿￿￿nted 27th May 2021 Mr Mr Davtd Tre¥or Dtyothy Andrew Ajlen Jayrte lan p*ma Wr Mr Mr St FrarK15TreaSu￿r Mrs Treasurer Lord StreÈtWest Rèp ￿Me1$￿ Istewafdl Mrs Paee 19