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2025-08-31-accounts

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DANE & TRENT METHODIST CIRCUIT

FINANCIAL STATEMENTS

For the Year ending 31[st] August 2025

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Introduction

The Trustees of the Dane & Trent Circuit present their annual report together with financial statements for the year ended 31[st] August 2025.

Mission Statement

As a Circuit we are committed to building up thriving and effective Christian communities which aim to love God, serve Christ and love people - in whatever different ways that demands and takes.

Aims and organisation

The purposes of the Methodist Church are and shall be deemed to have been since the Date of Union and are defined in the 1976 Methodist Church Act 1976 (Section 4). They are the advancement of –

It will achieve these aims through –

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Public Benefit

We confirm the trustees have had regard to the Charity Commission's guidance on public benefit. Structure, Governance and Management

The governing document for the circuit is the Deed of Union (1932) and Methodist Church Act (1976)

Detailed governance arrangements are outlined within the Constitutional Practice and Discipline of the Methodist Church by order of the annual conference (CPD).

Day to day management of the circuit is undertaken by the Circuit Leadership team.

Trustee Training

A range of guidance produced by Methodist Connexion to support the effective running of the circuit, specifically the leaflet The Role of a Trustee in The Methodist Church is available to all new Circuit meeting members as induction to their role as trustees.

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Related Parties

The Circuit is part of the Chester & Stoke-on-Trent District and is also accountable to the Methodist Conference.

The following Methodist Churches are linked to the circuit:

Biddulph

Bosley

Brookhouse Green

Cloud

Davenport

Goostrey Hill Top (Biddulph Moor)

Holmes Chapel

Key Green Lower Withington

Middlewich

Mow Cop

New Road (Biddulph Moor)

Rood Lane (Congleton) Trinity (Congleton)

Wellspring (Congleton)

The members of the Dane & Trent Methodist Circuit meeting are the Charity Trustees, membership being made up of circuit office holders, ministers and representatives appointed by the local churches.

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Circuit Ministers and officers

Active Circuit Ministers: Rev Andrew Webb (Superintendent Minister)
Rev Nic Langton-Miller
Rev Yanyan Case
Rev Anna Carrington
Rev Margaret Eaton (Part Time)
Circuit Lay Workers: Julia Tomes
Lynn Tindale
Hanna Bartlet
Administrators: Rebecca Taylor
Circuit Stewards: Brian Donlon (Senior Steward)
Brian Donlon
Terry Emerson
Margaret Lindley
Amanda Peters
Kath Salt
Lisa Kennerley
Circuit Treasurer John Duley

John Duley Circuit Treasurer acted as the principal officer overseeing the day to day financial management and accounting for the circuit during the year.

Independent examiner

Sandie Young. 20 Beechwood Drive, Eaton, Congleton, Cheshire, CW12 2NQ

Bankers

Investment Bankers
Central Finance Board of the Methodist Church
Trustees for Methodist Church purposes
Bankers National Westminster Bank pic

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Risk Management

The major risks have been identified and recorded by the Circuit leadership Team with professional advice taken as required.

There is a regular review process undertaken and recorded.

Income and Expenditure is being monitored in total and is compared with the approved annual budget on a half yearly basis to detect trends as part of the risk management process to avoid unforeseen calls on reserves.

Safeguarding

Every person has a value and dignity which comes directly from the creation of male and female in God's own image and likeness. Christians see this potential as fulfilled by God's re-creation of us in Christ. Among other things this implies a duty to value all people as bearing the image of God and therefore to protect them from harm.

Methodist Connexional practice outlines commitment to the following principles:

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Safeguarding (Continued)

The Dane & Trent Circuit commits itself to ensuring the implementation of Connexional Safeguarding Policy; government legislation, guidance and safe practice in the circuit and in the churches.

The Dane & Trent Circuit commits itself to the provision of support, advice and training for lay and ordained people that will ensure people are clear and confident about their roles and responsibilities in safeguarding and promoting the welfare of children and adults who may be vulnerable.

Data Protection (GDPR)

The circuit has undertaken extensive reviews of all documentation held by the circuit and its churches. This has identified all data which would be available to the wider public so that formal agreement could be obtained in respect of the publication of personal information.

There are ongoing reviews to ensure that data is accurately maintained. Details of the required retention periods has been provided along with the means to destroy data which is no longer required.

Equality and Diversity

Ministers and Circuit/Church stewards will be required to undertake the training provide by the Methodist Church.

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Brief financial review of the year

The financial outcome of the year in terms of the main expenditure area of salaries, manse utilities, were in line with the budget.

Income trends

Circuit income is primarily drawn from the assessment paid by the circuit churches. Assessments were increased by 4% based on an agreed formula of a fixed rate increase and ability to pay, overall income was £272222.

Expenditure trends

Stipend expenditure has increased each financial year in line with conference approved ' increases. Likewise Lay Worker salaries were increased in line with the Real Living Wage.

Circa £61k is the Circuit contribution to the District and Connexion, of which a significant part is used to fund the work of the wider Methodist Church.

There was an increase in expenditure on Manse repairs necessary to prepare two manses for incoming ministers in the last church year but this has now retuned to more normal levels.

Fund balances

As at 31 August 2025 the net current assets held within the Bank and CFB accounts of the Circuit were £167k, giving approximately 12 months cover for expenditure.

Plans for 2025/26

Circuit assessments will be increased by 4% based on the formula used last year. This is to provide some protection for the smaller churches and give time for others to reassesses their income streams. Sums of monies would be available to aid churches with short term financial issue and to support further lay worker employment.

It is plane to purchase a new Manse in Congleton to replace the current Hulton Close Manse.

We now have a full ministerial team.

Basis of preparation and legal framework

The Charity's annual report and accounts for the year ended 31 August 2025 have been prepared in accordance with the Charities Act 2011 and the Charities: Statement of Recommended Practice 2015 as applicable to the Financial Reporting Standard(FRS) 102

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Statement of Financial Activities (SOFA) for the year ended 31 August 2025
Notes to Circuit Model Designated
the General Fund Trust Funds Restricted Endowment Total
accounts (Unrestricted) (Unrestricted) (unrestricted) Funds Funds 2024-25
£ £ £ £ £ £
Income
1 Donations and legacies 0
2 Income from monetary investments 4,246 11,666 3,449 19,360
3 Income from investment properties 0
4 Assessments on Churches 272,222 272,222
5 Capital Receipts 0
6 Grants received 10,821 10,821
7 Other charitable income 17,077
8 Total income 304,366 11,666 - 3,449 - 319,480
Expenditure
9 Grants and donations 7,456 1,500 8,956
10 Salaries and associated costs 244,023 244,023
11 Property maintenance 5,906 5,906
12 Connexional assessment & model trust levy 11,247 235 11,482
13 District Assessment & Levy 60,979 60,979
14 Depreciation 0
15 Office expenses 6,326 6,326
16 Other outgoings 12,592 12,592
17 Total charitable expenditure 337,282 11,247 0 1,735 0 350,264
18 Gains/(losses) on monetary investments 0
19 Gains/(losses) on investment properties
20 Net income/(expenditure) -32,916 419 0 1,714 0 -30,783
21 Transfers between funds 40,000 - 40,000 0
22 Other gains/(losses)
23 Net movement in funds 7,084 -39,581 0 1,714 0 -30,783
24 Total funds brought forward 159,445 255,546 1,052 72,388 488,431
25 Total funds carried forward 166,529 215,965 1,052 74,102 - 457,648
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Name of Circuit Dane and Trent Circuit No 11/05

Balance Sheet as at 31 August 2025

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|||||||||| |---|---|---|---|---|---|---|---|---| |General Fund|Circuit Model|Designated|Restricted|Endowment|Totals|Totals| |(Unrestricted)|Trusts|Funds|Funds|Funds|2024/25|2023/24| |Notes to the|(Unrestricted)|(Unrestricted)| |Accounts|£|£|£|£|£|£|£| |tt|||||| |Fixed Assets| |Circuit Manses & Equipment|1,664,669|1,664,669| |Investment properties|0| |Investments|0| |Total fixed assets|0|0|0|0|0|0|1,664,669| |Current Assets| |===|Debtors|25,002|25,002|27,660| |Loans by the Circuit|0| |Investments with TMCP|215,965|74,102|290,067|327,934| |Central Finance Board Deposits|76,280|76,280|102,159| |Cash at Bank and in hand|90,277|1,052|91,329|59,391| |==|Total current assets|191,559|215,965|1,052|74,102|0|482,678|517,144| |Current liabilities| |Creditors (due in under 1 year)|1,740|1,740|67| |Grants payable within one year|0| |Total current liabilities|1,740|0|0|0|0|1,740|67| |Net current assets/liabilities|189,819|215,965|1,052|74,102|0|480,938|517,077| |——| |Total assets less current liabilities|189,819|215,965|1,052|74,102|0|480,938|2,181,746| |Long term liabilities| |(due after more than one year)| |Grants payable after one year|0| |Loans to the Circuit|0| |0| |Net assets|189,819|215,965|1,052|74,102|0|480,938|2,181,746| |0|[EE]| |Funds of the Circuit| |General Fund (Unrestricted)|189,819|189,819|1,852,760| |Circuit Model Trust Fund (Unrestricted)|215,965|215,965|255,546| |Designated Funds (Unrestricted)|1,052|1,052|1,052| |Total Unrestricted Funds|406,836|2,109,358| |Restricted Funds|74,102|74,102|72,388| |Endowment Funds|0|0| |Total Funds|189,819|215,965|1,052|74,102|0|480,938|2,181,746| |Signed| |=—|—-_|Be| |BG| |Circuit Treasurer| |10|

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NOTES TO THE ACCOUNTS

  1. The salaries paid to ministers was £138967; National Insurance £18032, Pension Contributions £26823. Lay Worker salary costs were £41912. We were charged an Apprentice Levy of £1387.

  2. The water bills paid for our four manses totalled £11397; Local Authority rates were £10487. Other manse expenditure this year totalled £5906.

  3. Other outgoings included £4612 for telephone calls/provision; £3150 for supernumerary preaching fees, travel expenses of £7780.

  4. We continue to fund regular maintenance of the Lask Edge graveyard.

  5. Fixed Assets – Where the actual cost of manses is known these have been used. In other cases the deemed costs established at 1[st] September 2015 have been used

Actual purchase cost of one manse in 2019, £317,500 Deemed Cost based on 1[st] September 2015, three manses £1,347,169 a total of £1,664,669

  1. The Debtors figure of £25002 represents church assessments paid in advance prior to the new financial year along with other accounts paid in advance.

  2. The £1052 in the designated funds is Circuit Weekend monies that are now in the Circuit accounts and was transferred from the General Fund on the balance sheet this year.

  3. Restricted Funds Richard Hickson Bequest

  4. The bequest was the sum of £68529.30

Interest for the year was £3449. Under the terms of the Bequest this income is to be used in the Middlewich area and £3000 of this will be transferred to Middlewich

Reserves Policy

The Reserves Policy for the Circuit is to hold a minimum sum of £70,000 equivalent to 3 months' average expenditure. This should be sufficient to meet any unforeseen item of major expenditure or of any inability to raise the full Circuit Assessment from churches.

A further £50000 is to be held in reserve for support to churches with short term cash flow issues

£106000 is set aside for the employment of new Lay Workers (these to be approved by the Circuit Meeting)

A benevolent fund is held with a current balance of £2,552

Following a donation a sum of money is set aside for outreach activities especially with young people with an available balance of £654

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