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2023-08-31-accounts

Name ofTreasurer who actedastheprincipalofficeroverseeingthedaytodayfinancial managementand
accountingfor the circuitduring theyear:Christopher Butler
lndependentExaminer:CooperParry,3 Danebrook Court, LangfordLane,Kidlington,OX51LQ
lnvestmentBankers:CentralFinance Boardofthe MethodistChurch
Trusteesfor MethodistChurch Purposes
Bankers:
CAFBank
Barclays Bank

Risk Mitigation
Failuretoprotectvulnerablepeople Safeguardingpolicy,trainingandmonitoring
Majorunplannedpropertyrepairs Quinquennialsurveys;reservespolicy
Continued decline in active church membersand Strategicplanningwithchurches;reservespolicy
related income
lnsufficientvolunteerstomeetstatutory Employmentofordained andlaystaff andof
requirementsormission objectives professionaladvisors

Risk Reserve Level
ManseRepairs Workrecommended in most recentquinquennialinspections f40,000
Churchesunabletosustain Fourmonths'expenditure E1_L0,000
assessments
Total €150,000
Name Signature Office Date
RevMiriamMoul MSM',L Chairman 06t0512024
MrChristopher Butler Trustee 14t03t2024

Oxford Methodist Circuit Annual Report 2022-23

Appendix A: Trustees of the Oxford Methodist Circuit during 2022-23 and to present

Trustee name Ofice (if any) Dates acted if not
for whole period
Name of person (or body)
entitled to appoint trustee (if
any)
Rev Peter Powers To Aug2023
Rev Miriam Moul Chairperson
Rev Paul Carter
Rev Stephen Spain
Mr Simeon Mitchell Circuit Steward To Oct 2022
Mr John Winterbottom Circuit Steward & Property
Secretary
Mr Christopher Butler Financial Steward
Mr Malcolm Dodds Circuit Steward
Mrs Margaret Sawyer Circuit Steward
Mr Paul Spray Circuit Steward
Mrs Ruth Taylor Circuit Steward
Mrs Catherine Dobson Wesley Memorial Methodist
Church
Mrs Janet Forsaith ditto
Mrs MaryLines ditto
Mrs Marilyn King Kidlington Methodist Church
Mr Graham Kirby ditto
Mrs Emma Rosentall ditto
Chris Rosentall ditto
Mr John Verity Woodstock Methodist Church
Mr David Jones ditto
Mrs Patricia Clapton Bladon Methodist Church
Mr PhilipRumsby ditto
Mrs Alicia Rumsby ditto
Mr Tim Bailey TackleyMethodist Church
Mrs Vi Banbury ditto
Sara Hall
Mrs Sue Barratt
Lime Walk Methodist Church
ditto
Mrs BryonyThomas ditto

10

Mr JeremyDawe RoseHillMethodistChurch
Mr JeremyBurgess ditto
Miss JackieWright ditto
ProfBevClack CowleyRoadMethodist
Church
Mrs Jan Boylan ditto
Mr JohnBoylan Decd. July 2023 ditto
MrAndrewQuigley KenningtonMethodistChurch
MrBarrieEdwards GreatMilton MethodistChurch
YvonneCartwright ditto
MrDavidHolme ditto
MrPhilCrockett Watlington MethodistChurch
Mrs KathleenGomm ditto
MrsJudyCrockett Decd.Nov2023 ditto
Mrs JoannaTulloch Local Preachers
Mrs AlisonMatthews Safeguarding Officer
MrsEmmaHuber ActionforChildren
Mrs AnnLeck
amesofthetrusteesfor the charity, ifany,(for example, any cust odiantru
Name
TrusteesforMethodistChurch Purposes Custodian Trustees

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Registered Charity-Registration number 1134618
DistrictNo/CircuitNo 23101
Ministers Rev MiriamMoul
Rev Paul Carter
Rev Stephen Spain
Circuit Stewards Mr Christopher Butler
Mr Malcolm Dodds
Mrs Margaret Sawyer
Mr Paul Spray
Mrs Ruth Taylor
MrJohn Winterbottom
Circuit Treasurer Mr Christopher Butler

Statementof Financial Activi ties(SOF A)fortheyearended A)fortheyearended 31Augus t 2023
Notesto
the
CircuitModel
GeneralFund
Trust
Designated
Funds
Restricted Endowment Total
accounts (Unrestricted) (Unrestricted)
ttee
(unrestricted)Funds Funds
I
2022-23
f
lncome
1Donations and legacies 500 500
2lncomefrommonetary investments 1,667 11,899 13,566
3lncomefrominvestmentproperties 0
4Assessmentson Churches 3 290,084 290,084
5CapitalReceipts 0
6Grants received 4 25,000 25,000
7Othercharitable income 5 16,200 16,200
8Totalincome 1l 25,000
Expenditure
9Grants and donations 6 2,377 4,300 6,677
10Salaries andassociatedcosts 199,677 25,000 224,677
11Property costs I 51,773 1,370 s3,143
12 Connexionalassessmentand levy I 44,57'l 44,571
13 DistrictAssessment& Levy I 8,810 22,'t01 30,911
14 Depreciation 0
15Office expenses 10 r5,345 15,345
16Other outgoings
17Total charitableexpenditule
11 8,646
199
1.172
27
0
26,370
0 9,818
142
18Gains/(losses)on monetary investments -4554 -4,554
19Gains/(losses)on investmentproperties
20Netincome/(expenditure)
-22,78 -20,228 0
-1,370
0 -M,U6
21Transfersbetween funds 15,000- 15,000 0
22 Othergains/(losses)
23 Netmovementinfunds
-7,748 -35,228 0
-1,370
0 -44,346
24Totalfunds brought forward 2,232,350 401,804 2,091 2,636,245
25Total funds carriedforward 2,224,602 366,576 721 2,591.900

Notesto Circuit Model Designated
the GeneralFund Trust Funds Restricted Endowment Total
accounts (Unrestricted) (Unrestricted) (unrestricted) Funds Funds 2021-22
t t I t t f
lncome
1Donations andlegacies 541 541
2lncomefrom monetary investments 308 8,237 8,545
3lncomefrom investmentproperties 0
4Assessments on Churches 3 282,611 282,611
5CapitalReceipts 0
6Grantsreceived 4 25,000 25,000
7Othercharitable income 5 13,211 13,211
8Total income 296 7 25,000
Expenditure
9Grants and donations 6 55,012 55,012
10Salariesandassociated costs 7 182,294 25,000 207,294
11 Property costs 8 46,808 3,154 515 50,477
12Connexional assessment andlevy I 48,410 48,410
13 DistrictAssessment &Levy I 9,557 41,612 51,169
14Depreciation 0
15Office expenses 10 17,240 17,240
16Otheroutgoings
17Total charitable expenditure
11 15,193
374,513
3,983
749
0
25,515
04/,8
19,176
777
18Gains/(losses)onmonetary investments 7,195 -7,195
19Gains/(losses) on investmentproperties
20 Netincome/(expenditure) -77,842 -47,707 0 -515 0 -126,064
21Transfersbetweenfunds 804,100 - 804,100 0
22Othergains/(losses)
23 Netmovement infunds
726,258 -851,807 0 -515 0 -126,064
24Total funds broughtforward 1,506,092 1,253,611 2,606 2,762,309
25Totalfundscarriedforward 2.232,350 401,804 2,091 2,636,245

Balance She et as at31 August2 023
General Fund Gircuit Model Restricted Totals2023 Tolals 2022
(Unrestricted) Trusts Funds
Notes to the (Unrestricted)
Accounts e E e E
Fixed Assets
Circuit Manses & Equipment 12 2,170,027 2,170,027 2, 70,027
lnvestment properties 0 0
lnvestments 0
fofa,frxed assefs 2,170,027 0 0 2,170,027 2,
Current Assets
Debtors 13 26,826 26,826 81,331
Loansbythe Circuit 14 20,000 20,000 5,000
lnvestments with TMCP 371,576 371,576 411.345
Central Finance Board Deposits 15 60,995 1,596 62,591 95,900
Cash at Bank and inhand 17,253 17,253 11,358
Totalcurrentassets 125,074 371,576 1,s96 498,246
Currentliabilities
Creditors (dueinunder1 year) 16 70,499 875 71,374 72,318
Grants payable wilhin 2022-23 17 5,000 5,000 66,398
Totalcurrent liabilities 70,499 5,000 875 76,374 138,716
Netcurrentassets/l iabilities 54,575 366,576 72t 42',t,872 466,218
Iota, assefslesscurrent
liabilities 2,224,602 366, 721 2,591,899 2,636,245
Funds of theCircuit
General Fund(Unrestricted) 2,224,602 2,224,602 2,232,350
Circuit Model Trust Fund
(Unrestricted) 366,576 366,576 401,804
Designated Funds (Unrestricted) 0 0
Total UnrestrictedFunds 2,59',1,178 2,634,154
Restricted Funds 721 721 2,091
Endowment Funds 0 0
Total Funds 2,224,6021366,576 721 2,591,899 2,636,245

Church 2022-23 202L-22
Bladon 5,792 5,31s
CowleyRoad 14,524 15,683
GreatMilton 6,492 6,963
Kennington 10,556 L0,554
Kidlington 31,656 29,652
LimeWalk 33,984 33,980
RoseHill tL,416 1.t,4L7
Tackley 8,840 8,842
Watlington L3,576 L4,558
Wesley Memorial 128,088 119,987
Woodstock 25,660 25,660
Circuittotals 29O,O84 282,6L1

2022-23 202L-22
Westminster CollegeOxford Trust 25,000 2s,000
Total 25,000 25,000

2022-23 202L-22
Rentsreceived L6,200 73,2rr
Total L6,2OO t3,2LL

Grants madeor committed 2022-23 202L-22
Bladon lightingequipment 3,500
LimeWalk audio visual upgrade 4,800
WesleyMemorialRefugeeWelcome s,000
UniversityofDurham(UndergroundStory-biblical
literacy project)-write-back of contingent award
-9,000
WesleyMemorialconversionofloantogrant 50,000
Kidlington-MinecraftChurch 69s
Church AVequipment L,857 817
WesleyMemorialMission&Heritage 3,500
WesleyMemorial3Generatesubsidy s20
Total 6,677 55,012

2022-23 202L-22
Stipends 110,405 105,878
Allowances 944 884
N.t. 10,586 10,095
Pensioncontribution 28,975 27,787
Preaching fees 1084 Lt28
Total 151,994 L45,772
Salaries 68,690 s2,682
N.l. 4,829 3,697
Pensioncontribution 3,724 3,161
LessWesley Memorialshare -r2,325 -11,381
Total 64,918 48,159
Travelexpenses 7,765 1"3,363
TotalSalariesand associatedcosts 224,677 2O7,294

2022-23 2022-23 202L-22 202L-22
General Restricted General Restricted
Occupiedproperties 3t,291 t7,898
Propertiesleasedtotenants t5,492 3,460
Rental costs 4,000 16,308
Mansepurchasecosts 5,374
Mansepurchasecosts(abortive) 6,422
Churchexpenditure,incl.quinquennials 990 500
Quarrychurchyard maintenance r,370 515
Total 5t,773 t,37O 49,962 515

2022-23 202L-22
ConnexionalAssessment 44,577 48,4L0
DistrictAssessment 8,810 9,557
DistrictLevyon Model TrustFund 22,TOL 47,612
Total 75,482 99,579

2022-23 202L-22
Wesley MemorialofficeandlTsupport 9,056 9,537
Stationary, phone,postage,copying,etc. 4,066 3,8s2
Websiteservices r,274 r,262
Officeequipment 949 2,589
Total L5,345 L7,24O

2022-23 2022-23 202L-22 202L-22
General CMTF General CMTF
Relocation, removalexpensesofministers L,920 7,190
Feesof lndependentExaminer L,920 L,920
Conference Minutes, Circuitpreachingplansand 253 617
similar
Payrollcharge, incl. Apprenticeshiplevy L,404 L,279
WorshipResources 896 772
Other unallocated expenditures 1,038 2,620
TMCPadmincharge 0 L,t72 0 3,983
Training,recruitment L,2I5 795
Total 8,646 L,L72 15,193 3,983

Manse 2022-23 202L-22
AbingdonRoad,Cumnor 785,000 78s,000
RamsayRoad 36L,L57 36L,157
OxfordRoad,Kidlington 3t2,946 3r2,946
WestburyCrescent 380,037 380,037
Watlington 330,876 330,876
QuarryChurchyard 1 L
Total 2,L70,O27 2,L70,O27

Item 2022-23 202L-22
Advance payment of stipends t0,176 L2,s66
District AdvanceFundrefund 54,459
Wesley Memorial share of Circuit admin and office
equipment
t2,469 11,668
Assessmentduefromchurches 3,936 2,638
Other(agencycollection) 245
Totals 26,826 81,331

LoanAdvances 2022-23 2021-22
Wesley Memorial 20,000 5,000
Total 20,000 5,000

Item 2022-23
General
2022-23
Restricted
202L-22
General
202L-22
Restricted
FirstQuarterassessmentsreceived
in advancefromchurches
53,699 55,75I
Pre-paid rental income 4,787
Employmentcosts t,427 2,O3t
Propertycosts 1,,358 875 3,999 60
Other 9,228 t0,478
Totals 70,499 875 72,258 50

Grantpayable<1year 2022-23 202L-22
UniversityofDurham(UndergroundStory-biblical
literacy project)
9,000
Kidlington (Transformation) s0,000
RoseHill s000 5,000
WesleyMemorialMission&Heritage 2,398
Total 5,000 55,398

Connectedorganisation From Circuit Received by
Circuit
MethodistChurch Fund(note9) 44,57L
NorthamptonDistrict (note9) 30,9L1 0
CircuitChurches(notes3, 5,L0) L5,733 302,409
WestminsterCollegeOxford Trust(note14) 25000
Totals 9L,2L5 327,409

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