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|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|
##
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|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|
##
##
|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||
##
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||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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