Clrcuit Accruals Accounts 2024-2025 THE METHODIST CHURCH TRUSTEES REPORT AND ACCOUNTS (ACCRUALS BASIS) for the year ended 31 August 2025 LONDON MISSION (NORTH WEST) Circuit 1134748 LONDON MI&SION (NORTH WEST) Clrcult No 35112 Mlnl8te RE￿REND Paul Hill -SUPERIKfENDENT CINilt stwards ClrcultTroaur•r LONOON MISSION INORTH WEST) aRCUIT TRusfEES ANNLIAL REPORT FOR THE YEAR ENDEO 31 AUGUST I￿25 lntroductlon As a Methodlst drcult of four churches. we are an open fellowship of disdples who worship Chrlst and proclalm the gospel. We are committed to outreach into the cornmunty and seek to Improve people's quality of lrfe. We are also committed to worklng and engaglng wlth other churthes and other faiths. whenever possible. Revlew of the year All churches In the London {North Westl Methodist Circult have provlded regular acts of worshlp led ty our Mlnlsters Ipresbyters). Local Preachers and Worship Leader. Our church bulldln85 are prlmarlly used forworship, but ère atso used by nurnerous churth and community greups for other purpose51 particularlysocial and educational. Income trends Qrcuit income Is slgnlflcantly drawn from the assessment pald by the clrcult thurches. The rental income relates to the rental of a manse and fomier church whlch Is used by Westmlr￿ter City Coundl. Expendlture trends Stlpend expendlture has In￿aSed each flnanclal year In Ilne wlth conference approved increases. Just over 14% of expendlture bs the fjrojit contribution to the Distrlrt and ConnexSon, of whlch a significant part 15 Used to fund the work of the wider Methodlst Church. Fund balances A5 at 31 August 2025 the net current assets of the Circuit were É308.807 glvlng over 12 months coverfor expenditu￿. Plans for 2025126 Clrcultfinandal plans forthe ci>rnSng year have been prepared on the bas]$ that there will be 3 (the) full tlme ordalned staff with anticipated cost of lfvlng stlpend Increase5 combined wlth an increase in the assessment pald to the distritt such that a 0% assessment Increase has been requested from the clrcult churches. During 2025126. the circuit intends to make further improvementsto the manses {mlnlsters' church houses). The clrcult wlll continueto explore new ways to enSLire that we are able to see growth and opportunities for mlsslon In the coming years. LONDON M￿10￿ INORTH WEST) Qrcult Tnisiees Afftnual R•port on Hnan¢e and Cjovernan Basls of preparallon and le8al framework The Charrtvs annual report and accounts for the year ended 31 Au8USt 2025 have been prepared in accordance with the Charitles Act 2011 and the Charltle$.' Statement of Recommended Prattice 2015 as applicable to the Flnandal Reporting Standard IFRSSEI 2015 Full Name of Charity: London Mlssion (North Westl Methodlst Circult Re8lstratlon Charity Number: 1134748 Date of reglstration 9th March 2010 Maln communlcatlon address". 32 Kin8swood Avenue, London NW6 6LR The members of the London Mission North West Methodist Circuit meeting are the Charity Trustees, membership belng made up of clrcult office holders. mlnlsters and representatlves appointed by the local churthes. Clrcult Mlnlsteys and offlcers Actlve Clrcult Mlnlsters- Rev Dr Paul Hill (Superintendent Minister}: Rev EstherAkam' Rev Opeyeml Awe Clrcult Stewar(Is: Katherine Oduro: Adetokunbo Jolaoso: Margaretjohnson Treasurer: Will Quansah acts as the prlnclpal offlcer Overseei￿the preparatlon of the Report and Accounts. Independent examiner. Andrew Sobitan FCC& Suite 112, AJP Centre, 152-154 Coles Green Road, London NW2 7HD Investment Bankers: Central Flnance Board of the Methorftst Church Trustees for Methodlst Church Purposes LONDON MISSION INORTH WEST) CIRCVIT Charity objective is to att as a Resource providerwithin the afea5 of North Paddington laround Femhead Road), Kilburn (around Quex Road), Gospel Oak and Kensal Rise. The purposes of the Methodlst Church are and shall be deemed to have been slnce the Date of Unlon the advancement a} The Chrlstlan faith in accordance wlth the doctrlnal standards and dlscipllne of The Methodlst Church; bl Any charltable purpose forthe time being of any Connexlonal. Dlstrl¢L Clrcult. local or other organisation of The Methodlst Church; cl Any charftsble purpose for the time belng of any soclety or Instltutlon subsidiary or an¢Sllary to The Methodist Church,. dl Any purpose for the tlme belng of any tharlty belng a tharity subsidiary or ancillary to The Methodlst Church The organis*ion and resourdng of re8ular public acts of worship open to members of the thur¢h and non-members alike. The teaching of Christianity through sermons, courses and small groups. The resourclng of pastoral work including visitin8 the sick and bereaved. Taklng rellglou5 assemblles In local sthools. Promotion of Christianity throu8h the sta8lng of events and serllces. Provislon of chaplainci servlces. Publlc Benefit We confimi the trustees have had regard to the Charity Commission's guidance on publlc benefit. StruLture, Gtrdemance and Managthnent The governing document for the clrcult Is the Deed of Unlon119321 and Methodlst Church Act11976} Detailed governance arrarsements are outllned wlthln the Constltutlonal Prartlce and Dlsclpllne of the Methodist Church by order of the annual conference ICPDI. Day to day management of the circuit ts undertaken by the minister5 and Circuit Stewards and other committees conven￿ for specific purpose5, such as the Worship Leaders and Local Preachers. Meetin& Trustee Tralnln8 A range of guldance produced by Methodist Church and Charity Commlssion for England and Wales to supportthe effettive running of the circuit 15 made avallable, as appropriate, to all trustee5. the publication The e￿ential trustee.. whatyou need to know, whotyou needto do is speofically made available to all r*w Orcuit Meeting members a5 an induction to their role as trustees. Relatsd Partles The Clrcult Is part of the London District of the Methodlst Church and is also accountable to the Methodlst Conference. The followlng Methodlst Churches are linked to the circuit: Fernhead Road: Kilburn; Kensal Rlse and Gospel Oak LONDON MISSION (NORTh WEST) arcult R15k Manazement The arcuit Meetlng revlews the regulatory framework in whlch the Circuit operate5-With professional a(fvlce sought, as requlred. Addltlonally* as part of rlsk management. Income and expendlturels monltored monthlyto prevent fraud, and to ensure any unforeseen calls on reserves. Safeguordlng It Is the Methodlst Church's Intentlon to value every human belng as part of God's creatlon and the whole people of God. At the heart of the Methodist communlty15 a deep sense of the place of welcome, hospltallty and openness, whlch demonstrates the nature of God's grace and love for all. Our church communltles are called to be pla￿S where the transformatlonal love of God Is embodled and Ilfe Sn all Its fullness Is a glft, wh5ch ts offered to all people. Prlndples Safeguardlng Is a1￿ut the actlon the Church tskesto promote a safer culture. Thls Mea￿ we wlll: promote the Welfa￿ of chlldren* young people and adults work to prevent abuse from occurrlng seek to protect and respond well to those that have been abused. We are commltted to.. the care and nurture of. and respecthjl pastoral mlnlsty wlth. all chlldren. youn8 people and adults safe8uardln8 and protectlrvd all thlldren. youn8 people and adults when they are vulnerable establlshlng safe. carln8 communltles, whlch provlde a lovln8 envlronment where there Ls Infomied vlgllance as to the dangers of abuse. We wlll carefully select and traln all those wlth any respons1b1l￿ wSthln the church. In Ilne wlth Safer recrultsnent prlnclple5, Indudln8 the use of crlmlnal records checks throu8h the Dlxlosure and Barrlng 5ervlce IDBSI. We wlll respond wlthout delay to every safeguardlng concern, whlch sU88ests that a chlld. young person or adult may have been harmed. worklng In partnershlp wbth the poll and soclal servlces In any Inve5tl8atlon. We wlll seek to work wlth anyone who has suffered abuse, developlng wbth them 4n approprlJte mlnlstry of Informed pastoral care. We wlll seek to challenge any abuse of power, èspecbally by •nyone In a posltlon of trust. Workln8 wlth the Reglonal SafeguardlngTeam Isouth East Reglonl. we wlll sUPPQrt rlsk 355e55ment of those who present a safe8uardlft8 rlsk wlthln a church envlronment. We wlll ensure approprlate pastoral care Is offered and measures are taken to address klentlfied rlsks In¢ludln8 ￿ferra1 to statutory a8encles, suspenslon and the use of 5afeguardln8 contracts. In all these prlndples, we wlll follow le8lslatlon, guldance and ￿cognISed good prartlce. The London (North Westl Mlsslon Clrcult commlts itself to ensurlng the Implementatlon of the Safe8uardlng Pollcy of the Methodl$t Church, government le8islatlon* 8uldan¢e and safe prattice In the clrcult and In the churche5. R•ser¥es Polky The ReSer￿S Pollcy for the Clrcult Is to hold at least a mlnlmum sum equlvalent to 6 months, average expendlture. This should be sufflclent to meet any unforeseen Item of major expendlture on the manses andlor to be able to continue. in the short terni, to fund planned actlvities in the event of not belng able to ralse the full OrcuSt contrlbutton IAsse5smentl from the churches. Name of Circuit . London Mission Noth West Ckcuit140 35112 Statement of Flnanclal Actlvftles (SOFA) for the year ended 31 August 2025 Not0• t• Clrcult Mod•l DMlgn•t•d Income 1 Donallon• •nd 2 Incorne T￿rn mon•t4ry Invthllwlts 3 In¢fyno from Invoslmonl propwbB• 4 A•6e8•rnents on Churcho8 C•pM•l R•colpts e Grant8 foL*lwJ 7 ¢Jthor ¢harM8bl• In￿m• 6 Totsl In¢om• exp•ndlturo 9 Grnnts and donatlM• 10 S41orl•• ond al￿￿41•d ca•1• 11 Property malnt•nAnc• 12 Connoxlon•l I￿•68m8nt & mod81 13 Dlslrfct A￿￿8$MInI & Lo 14 D•pMdallon 15 Ollk• expfjr￿ 16 Othèr oulgolngs 17 Tol•l ¢harltsbl• ￿P9ndI￿rn 18 GOIn￿{lOO8$0) on monotary It)vesbnon 19 Galn&l{108se8) on Inveslment woperU•s 20 Net In¢om•1{•xpondl￿r0j 21 Translers betrmen funds 22 Other g•lnWIIo8808) 23 N•t mawm•nt In fund• 24 Totsl fvnds brought forward 25 Total lunds c•rrled forwawd 4.176 157.$85 87.255 1,762 5.929 1J7 67,261 18￿10 16110 2H726 1.702 246Mn 130.001 n.784 iJo,fjoi 72.714 10 11 12 713 713 2,$81 247,089 246,000 13 4134 -1134 -2134 Name of Circuit . London Misslon North West Circult No 35112 Statement of Flnancial Activities (SOFA) for the year ended 31 August 2024 N*)1o• to Ckult M¢xlg1 D•#lgn•l•d 13•n•r•l Fund Tnmt Income 1 Donation• ￿lOPle188 2 Income from mon•tsry InvoBtrnents 3 Incomo from tnvutment prwUe8 4 Ags888ments on Churthes S Caplt81 Recglptd 8 Grants rec•lved 7 Olhw eharltable Inw 8 Totsl Incom• 8.091 151.730 67255 10,107 151,730 67.266 10,855 237.931 10,866 1078 Expendlturn 9 Grant8 and donauonj 10 Sal#rte8 and 88goelatsd colts 11 Propety malrrtenance 12 Gonn￿OnI1 a88e8sm•ni& mtsdel tn 13 D18tr1cl Assessmont & Lthy 14 Depre¢laUon 15 Olftco o%pen8e8 16 Othw oirtgolngs 17 Tatal charltablo gxwndliurn 18 Galnslllosses) on mor*ry Inve¥trn¢n 19 Gain￿(108$e8) on Investment prowtie8 20 Not InCom￿(0x￿ndIturn1 21 Tran$ferA between fund8 22 Other ga5n810098081 23 Ngt mov•mont In lunds 24 Totsl funds brought forward 25 Totsl lunds urrled forward 112.1e8 73.181 1111e6 74181 218 31,818 218 10 31,868 11 12 517 617 218 1624 221,155 2.824 13 11994 21A76 11994 21A76 16J94 21N76 Name ofcircuil.. London Mission North West Clrcuh No 35112 Balance Sheet as at 31 August 2025 G8norn1 Fuffld IUnreJlrfct•dl D¢slgnatpd Funds IUnrnBtrlct•dl Endowm9ni Funds Total 2024125 Tolals 202Y24 Trusts IUnr8sthctqdl Funds A¢¢ount• Fl¥¢d cwcUrtM￿S& 3.970.315 3,870,345 3.U7D.345 Irvestmeni Inve*ments Tts*aifiA¢dass¢ts 3M70.315 3.870.345 J.B70.345 CurtsniA$¥&ts OebtiKs 41.ssq 41.554 39.597 Inve#menis ￿1h T￿¢p 48.79) 48,974 14S.268 73.360 39.U69 73.260 I￿.*59 136.930 Casb ai ￿nk￿Trd hihaffld 151167 4L791 1C6,199 309.15T CurTrnt¢hbIl Credrtors Idue In under S ye*) Cratsispayatyl¢￿rfllrno￿y8ar TolaJcurntAlablllUoS 350 350 350 153.817 791 105,199 301.107 Totsiass¢ts thss¢utY¢ntJJabtslJlJfy% 4.OZ4.152 U.791 lQ6.199 4.179.152 4.178.79B Longtemi IlabllltlES IdUEaftern￿1P1knan oneyear Grantspwka￿eafter￿￿Ye3l I9.￿D 17 19.QOO N*a5sets 4005,162 48.791 106,199 4.160,15Z 4.159,796 Funds ol th*Clttll GenBral F￿nd lunresthd￿} 4.W5.162 4.[l￿.162 4.W7.147 46.4Sts 48,791 rvtalUnTr5tnrt4dFvAds 4.DSJ.953 I￿.19 4,0SJ.597 Reslnded Fll￿5 18 106.199 ToralFLwds 4tK15.182 48.ni 1￿.19¥ 4,160,152 4,159,796 Signed Circuit Treasurer Clr¢uli N 3912 The fina￿?1 statements have been prepared u14lert￿Cth•rI1iesAc1 2011and In accordar¢ce¥Aththe Charftiesststeffjent of ItttoTh￿nded Prartlce lthrltlesSORPIFRS 102>)￿d Nnanckl Reportln8Startdard 102 IFOS 10211.Theflnèntlal statementsarE drnwn upon the acto¢Jntln8 hlstork41 c05t basls of accountln8. ThE finandalstatements aIltr￿S8£1l￿4asseI￿aftd ltsbtiitlesforwhkh thedrujlt Is re5ponslWe in18w.ThÈydo nut kndudethe attOunt5ofdw￿h 8royp5th*owe anaffil￿t￿n wanother bo* orthosethatar¢lnttymalBatherfn8sofchurth mÈmbÈ Thedrtult meetsthdefinliion of a pUbl￿ljentI¢ entlty¥nder FR5 102. fvnd Thefuttds heldtQth4ituts.. Gweral Funds held foranypurptsse ofthetircuft whithare Unre5trided. The arcult Model Tw5t Ftsnd hèsviidw wrpose5deftned In5tandln8Qrders •nd15 ¢ate8oriseda5unrestrided. Re5trlrted fuNlswhlth areheld for • natrowerpufpost.Thereare no EndrY*fTrentfurnl. Incm Is indyded lththestatamentof AnaKlalActfvlile51SOFAI whenthefircult be￿meSentI1IedI0Ihe resources.•ndtheirustees¥e reason8bly ￿rtaIntheVwlll rète1%*the￿0uf¢es,. andtheMOnetary￿lue can be measwed wlth suffident rellabdlty. Thl$i$ rewlsed when a lia￿lity Is I￿u￿re¢ orè construrtNeobltsatlon athes, thatresultsin the pawMntbÈi￿￿Th4Vfj1dOble. Uabllltlesare recosnlsedas soon as an outhr￿Qfe￿OM￿￿e￿efft1$co￿SIdeyQd more Thkety than undw leyl orcon5tnKrl¥eo￿I8thth committin8 arculttopayoui re￿Ilr Gr*hts Grants made by ihei>cult from itsownfunos I￿ rt¢owJlsedth fvll atihetimeofa8reementorwhen t1￿￿￿4¢¢￿ptsthal ￿re Isa le8al operatlonalobll8atlon to make thepaymenL VAT S1D¢etheCtr￿1t lshot VAr￿stered alllnwtVATls¢haryed wlth thÈexp¢fisest¢whKh It refqr5. Tanetb1eflYed￿¢ts attordancewllhthe iequlrementsofthe Meihodistthurth8uldance for2fy)5106stsnthrdform of accounts, the Freehold Land and 8ulldln8s*re Wintotheiccounts forthefflrsttlmeln 2W07.Thepropertles h•%? betn revalu￿ at 31Au8ust2012to refflect ihe201j112lnsuran￿V3t￿r1On. In%*stmÈntsarevalued inthe balance sheetat mathvalue atthe yearend. In￿$th￿nI ifi¢ome Induded In thearcountswhen recelvaLle andany￿on5orsJ$5e$0n reVaI￿tIonattheYear￿nd a￿$￿￿￿ IntheSOFA Debttys •r•knduded atthesettleMerf￿rn1$ue. preptymehts•￿￿￿ •itheaMo￿E prepald. Cath 4tlwik¥rtdln hand Cash at bankaTMI In hand Indudescashand short iemi hi8hfy liquid Investmentswlth8short ma￿r￿¥0fthree n￿￿th5O[le$StrfyX1hedatetsf￿PÈnIniOfthe depo￿. Cred5tWsandwD¥lslohs credlt0rsandpr0￿5lOns are re¢4aniSedWhe￿iheChgftty has8 p￿entO￿tI)n ar151n8fr0m pA# e¥entthatwlll prtshbtyresuklnthetransfero1fuThjs￿ a thlrd partyandthe•mounid¥e t05ettletht obll8aiion ￿me0%￿red0res11rna1ed reliabty.fJeditorsartd Pr0￿510n50re ret48n1￿1 atthelr5etYemeni•mourt 2. Donatlons and leaades 2024 Unrestricled Restricted fund5 funds Donatlon Nl8erla Fellowshlp 220 220 220 220 J. Investment Income and Interest 2025 2024 Unrestrlcted Restrlcted funds funds Inlerest Income from Investment Propertles 5,929 157,565 163,494 5,929 10.167 157,565 151,730 163,494 161,897 Clrcuft ￿$¢$$Ment 2025 2024 Unrestrlcted Restrlcted funds fund5 Kensal Rlse Meth Church Femhead Road Meth Church Quex Road Methodlst Church Gospel Oak Methodlst Churth 16,814 16.814 16,814 16,814 67.255 16,814 16,814 16.814 16.814 16,814 16.814 16,814 16,814 67.255 67,255 S. Grnnts Rec•lv•d 2025 2024 Unrestrlcted Restrlcted funds funds Connexlon Penslon Fund - PRF Refund cOnne￿On 8rant 10.855 15,510 15,510 15.510 15.510 10.855 6 Grants P•ld 2025 2024 Unre5trrcted Restrlcted funds funds Clrcult Gront forChurche5 6.000 6.000 6.000 fvNIs fund5 Sttpends Employrfs Natlon•l Inwrante Penslon costs 93,OfL) 93.060 74,995 IOA80 7.248 612 3).174 7.849 o.rjji iu166 18.612 7.849 ,o)i Unrestrlcted Restrlrt funds funds ulldlth8 re￿11$ and Ma￿tena￿e Ins￿rInCe8•d Utllltks Mafia8emertFee 6L885 6L885 61623 8.328 2,251 1230 71784 73,181 12SI n.784 Vnresuthd Rwrlrted fvnd5 hmd5 Moddtrustle 229 229 218 218 229 Unre5tthted fte5trl¢led fvnd5 fvnd5 O￿trIctA5$e5$Mert 34.776 34.776 31 34.776 Unre51th Ae51rlLted lunds fund5 m Ch8ryes Pwoll ankthar8es 322 196 517 228 713 128 713 IIOtherexper#llN Unreslrfaed Re#rided nds fiJftd5 Mln15try4 resourtes &tralth8 Lttal Preacher5Allowan¢e eenevolent 81ft L¢a￿￿Gfft lor Mlnlster5 Atknlnlstsatlon & other expenses Pfofeslonalfre 178 178 L250 97S 975 2586 3204 io 2025 2024 Unrestslcted Ilestrtctsd fund5 Ga1￿1105$e$j on monthry Investments 967 967 2.6Z4 967 967 2.624 Tar4EblefMd aM•ts Fr•al¥)Id Propertie5 JA70,345 3,870,345 3￿70,345 3,870.345 Prepoymrt (kh•rdebtors 41.554 39,597 41,554 39,597 2025 2024 AccnJ•li Grnnt commltmonts p•y•blo 350 350 19,000 3SO 19,350 17. ￿ts￿l￿1 Grnntswrltt•n off 19.000 19,000 Restrfcted Fund5 106.199 106.199 106.199 106.199 19. An•lysliof aH£•ts b•t¥Mn Funds Fund at 31 Au8Urt20254 represented by.. Unrestrkted Rertdrted Totsl Fund5 Freehold Propertles Current assets Credltors.. amtsJntfalllnKdue wlthln Low term11ablll￿$.. Grants writtenoff 3mO.34S 3,870,345 202958 106,199 309.157 13501 13501 119,(X)O 119.0001 4,053,953 106,199 4,160,152 li Name of Circuit: London Mission North West No: 3S112 Declarations and Scrutiny I confinn that these acmls-based accounts for the year to 31 August 2025 have been prepared from the records of the Circuil and that they include all fiJrKls under the control of the Circuit meeting. Signature of treasurer Date: 3 March 2026 Name of treasurer. Vlfill Quansah PrnMntallon to tho Clr¢ult mwtlng I confirm Ihat the annual report and accounts for the year ended 31 August 2025 were presented to the Circuit meetlng held on: Slgnattjre of the Chair of the meellng: Name of the Chalr of the rnetlng: Revd Dr Paul Hlll Date: 3 March 2026 Indepandent Examlner'8 Report to the Tru8t808 of the London M1881on North West Circuit Charlty Number 1134748 Re8pon81bllltlo8 and ba818 of rnport I report to the trustees on my examination of the accounts of the London Mission North West Circuit for the year ended 31 August 2025 set out on pages to As the Circurt's trustees. you are responslble for the preparatlon of the accounts In accordanc¢ wlth the requlrements of the Chatities Act 2011. I report in respect of my examinatlon of the Clrcuifs accounts carried out under section 145 of the Act and. in carrying out my examination, I have followed all the applicable Directions given by the Charity Cornmi&sion under section 145(5)(b) of the Act. 12 Name of Circuit: London Mission North iwest No: 35112 Independenl ExamineVs Statsment I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below.) which give me cause to believe that in, any material respect: the accounting records were not kept in accordan￿ with section 130 of the Act. or the accounts do not accord with the accounting records; or the accounts do not compty with the applicable requirements conceming the ft)nn and content of accounts set out in the Charitses (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf view, which is not a matter considered as part of an independent examination Delete if not applicable i.e. all R&P accounts the trustees, annual report is not consistent with the accounts Delete rfnoÉ applicable i.e. all R&P accounts. I have no concerns and have come across no other matters in connection wth 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 obtained independent verification of all investments with Ihe Trustees for Methodist Church Purposes or held in other trusts, bank balances and fijnds at the Central Finance Board of the Methodist Church which are individually in excess of £10,000 (ten thousand pounds) at the balance sheet date. Signature of independent examiner Name of independent examiner: Relevant professional qualification of independent examiner: Name of finn (where appropriate): Address.. Date: .. MhAci4 20? delete or circle as appropriate 13