**Circuit Accruals Accounts 2020-2021** # **THE METHODIST CHURCH** # **TEMPLATE REPORT AND ACCOUNTS (ACCRUALS BASIS) for the year ended 31 August 2021** **Lancashire West Methodist Circuit** ## **Registered Charity - Registration number** **1134877** **----- Start of picture text -----**
LIVERPOOL DISTRICT 18 / 19
Ministers Rev Michael Tindsley
Rev Stephen Foster
Rev Sue Guénault
Rev Rick Preston
Circuit Stewards Linda Wedge
Anne Baldwin
Lorraine Howarth
Malcolm Roxburgh
Derek Ashcroft
Dilys Lightfoot
Circuit Treasurer
Derek Ashcroft
**----- End of picture text -----**
**Lancashire West Methodist Circuit TRUSTEES' ANNUAL REPORT** _**FOR THE YEAR ENDED 31 AUGUST 2021**_ ## **Introduction** The Lancashire West Methodist Circuit seeks to support the life of the Communities within its boundaries in a variety of ways: The continued provision of regular public acts of worship open to members of the church and non-members alike. The teaching of Christianity though sermons, courses and small groups. Pastoral work including visiting the sick and bereaved. Promoting the whole mission of the church through activities and support for older people, parents and toddlers and other specific groups when appropriate. ## **Aims and organisation** The Circuit is committed to developing a Team Ministry to allow the Circuit Staff to use their particular gifts across the whole Circuit. We seek to develop Spirituality and Discipleship, and to encourage Outreach across the Circuit. We are committed to working with the four Methodist [two Methodist/CofE] Schools within the Circuit. We seek to engage with the Rural Communities around us and to support the Chaplaincy in the expanding Edge Hill University ## **Review of the year** During the tenth year of its existence the Circuit has continued to build links between the churches and to find new ways of working together. Due to the continued restrictions in place due to the Covid-19 Pandemic we have been limited in what we could do through our buildings for much of this time, though post Easter life gradually began to return to "normal". The ongoing life of the Circuit has continued through online/telephone and socially distanced communications alongside in person meetings once permitted Volunteers from the Circuit have made a contribution to the life of the wider community in a variety of ways including: serving on the governing bodies of the four Methodist schools in the Circuit and supporting the work of the Food Banks. Work with local primary schools has been developed through the decision to appoint a Family & Schools Worker whose remit is to strengthen links between the churches, pupils, staff and parents.Covid 19 retrictions have greatly limited the way that the work could be conducted, but new ways of working digitally were explored and have now been implimented. The Circuit Trustees are continuing to explore ways of supporting the churches elsewhere in the Circuit by finding the most effective ways of using the resources available to them. The Circuit has made grants availible to support the mission of our local Churches and Ecumenical partners. We continue to monitor the best use of our resources and deployment of staff. In compliance with the Safeguarding policy of the Methodist Church, training sessions continue to be held in order that all required people completed the “Creating Safer Spaces” module. The provsion of weekly online Circuit Services throughout the year strengthened ties between the Churches despite the restrictions on physical gatherings. Churches were encouraged to deal with outstanding property issues, and given support with various property schemes. Weekly worship was sustained in all the churches when restrictions permitted. Continued to support World Church, Mission in Britain, Christian Aid, All We Can and to support the work of several local Food Banks. In addition to this Churches responded to crisis appeals at various times through the year, and particularly to find ways of supporting ## the communities during Lockdowns **Income trends** Circuit income is primarily drawn from the assessment paid by the circuit churches. Letting income relates to funds generated from Manse not currently required. ## **Expenditure trends** Stipend expenditure has increased each financial year in line with conference approved increases. £40,120 is the Circuit contribution to the District annd Connexion, of which a significant part is used to fund the work of the wider Methodist Church. The other expenditure includes maintaining the Circuit office, administrator, family & schools worker, four manses and supporting mission work. ## **Fund balances** As at 31 August 2021, the net current assets of the Circuit were £68,412. These exclude investments held by TMCP and any restricted funds, giving approximately 5 months cover for expenditure. ## **Plans for 2021/22** Circuit financial plans for the coming year have been prepared on the basis that there will be 3 ordained staff in post. With anticipated cost of living stipend increases combined with an increase in the assessment paid to the district, a circuit church assessment has been set with this in mind **Lancashire West Methodist Circuit** **Trustee’s Annual Report on Finance and Governance** ## **Basis of preparation and legal framework** The Trustees of the Charity present their Annual Report and the audited financial statements for the year ended 31 August 2021. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial staements and comply with the standing orders of the Methodist Church. The trustees have adopted the provisions of the Statement of Recommentded Practice (SORP) & "Accounting and Reporting by Charities" (FRS102) in preparing the annual report and financial statements of the charity. Full Name of Charity: Lancashire West Methodist Circuit Registration Charity Number: 1134877 Date of registration 12/03/2010 Main communication address Emmanuel Methodist United Reformed Church 38 Derby Street Ormskirk L39 2DE The members of the Lancashire West Methodist Circuit meeting are the Charity Trustees, membership being made up of circuit office holders, ministers and representatives appointed by the local churches. Fully membership is shown as Appendix A to this report. ## **Circuit Ministers and officers** **Active Circuit Ministers** Rev Michael Tindsley Rev Stephen Foster Rev Sue Guénault Rev Rick Preston Circuit Stewards Mrs Linda Wedge Mr Derek Ashcroft Mrs Lorraine Howarth Mrs Dilys Lighfoot Mr Malcolm Roxburgh Ad i i J Ch d Independent examiner _Mr Chris Cullen 50 Spensers Lane Skelmersdale WN8 9JR_ Investment Bankers Central Finance Board of the Methodist Church Trustees for Methodist Church purposes ## **Lancashire West Methodist Circuit** ## **Aims and organisation** Charity objective is to act as a Resource provider within the area around West Lancashire for the Methodist Church: The purposes of the Methodist Church are and shall be deemed to have been since the Date of Union the advancement of: a) The Christian faith in accordance with the doctrinal standards and discipline of The Methodist Church; b) Any charitable purpose for the time being of any Connexional, District, Circuit. local or other organisation of The Methodist Church; c) Any charitable purpose for the time being of any society or institution subsidiary or ancillary to The Methodist Church; d) Any purpose for the time being of any charity being a charity subsidiary or ancillary to The Methodist Church The organisation and resourcing of regular public acts of worship open to members of the church and non members alike. The teaching of Christianity through sermons, courses and small groups. The resourcing of pastoral work including visiting the sick and bereaved. Taking religious assemblies in local schools. Promotion of Christianity through the staging of events and services. Provision of chaplaincy services to the local university and other institutions. ## **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 along with the Local Preachers meeting, the Circuit Finance and Property Committee and the Circuit Policy Committee. ## **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 given to all new Circuit meeting members as induction to their role as trustees. ## **Related Parties** The Circuit is part of the Liverpool District and is also accountable to the Methodist Conference. The following Methodist Churches are linked to the circuit: Burscough, Holmeswood, Ormskirk, Mawdesley, Trinity, Upholland, Croston, Tarleton, Holmes and the Church at the Centre [Ecumenical Centre, Skelmersdale] **Lancashire West Methodist Circuit** ## **Risk Management** The major risks have been identified and recorded by the Circuit Finance and Property Committee with professional advice taken as required. There is a regular annual 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: - the care and nurture of, and respectful pastoral ministry with, all children, young people and adults - the safeguarding and protection of all children, young people and adults when they are vulnerable - the establishing of safe, caring communities which provide a loving environment where there is - informed vigilance as to the dangers of abuse. - We will carefully select and train all those with any responsibility within the Church, in line with - Safer Recruitment principles, including the use of criminal records disclosures and registration with the relevant vetting and barring schemes. - We will respond without delay to every complaint made which suggests that an adult, child or - young person may have been harmed, cooperating with the police and local authority in any investigation. - We will seek to work with anyone who has suffered abuse, developing with them an appropriate - ministry of informed pastoral care. - We will seek to challenge any abuse of power, especially by anyone in a position of trust. - We will seek to offer pastoral care and support, including supervision and referral to the proper - authorities, to any member of our church community known to have offended against a child, young person or vulnerable adult. - In all these principles we will follow legislation, guidance and recognised good practice The Lancashire West 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 Lancashire West 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. ## **Reserves Policy** The Reserves Policy for the Circuit is to hold a minimum sum equivalent to five months’ average expenditure. This should be sufficient to meet any unforeseen item of major expenditure on manses and / or to be able to continue, in the short term, funding planned activities in the event of any inability to raise the full Circuit Assessment from churches. **Lancashire West Methodist Circuit** Appendix A ## CIRCUIT MEETING MEMBERSHIP as at June 2021 ## MINISTERS Rev Michael Tindsley Rev Stephen Foster Rev Sue Guenault Rev Rick Preston ## MINISTERS IN OTHER APPOINTMENTS ## SUPERNUMERARY MINISTERS Rev Dr Geoff Farthing LAYWORKERS ## CIRCUIT STEWARDS Linda Wedge Lorraine Howarth Malcolm Roxburgh Derek Ashcroft Dilys Lightfoot Anne Baldwin Circuit Local Preachers & Worship Leaders representatives Dr Julian Butcher Circuit Meeting Secretary Jayne Chard Circuit Safeguarding Co-ordinator Peter Harrison Circuit MWiB Secretary ## CIRCUIT CHURCH REPRESENTATIVES |Church|1|Burscough Methodist|Rep 1|Brian Guy| |---|---|---|---|---| ||||Rep 2|Janet Walton| ||||Rep 3|Ken Robinson| |Church|2|Holmeswood Methodist|Rep 1|Adrian Pendleton| ||||Rep 2|Margaret Pendleton| ||||Rep 3|Colin Aspinall| |Church|3|Trinity Methodist Croston|Rep 1|George Lloyd| ||||Rep 2|Christine Fisher| |Church|4|Tarleton Methodist|Rep 1|Tom Gregson| ||||Rep 2|Patricia Barron| |Church|5|Holmes Methodist|Rep 1|Keith Ascroft| ||||Rep 2|Barbara Meynall| ||||Rep 3|Marion Ascroft| |Church|6|Emmanuel Methodist URC|Rep 1|Mark Taylor| ||||Rep 2|Peter Harrison| ||||Rep 3|Malcolm Roxburgh| |Church|7|Mawdesley Methodist|Rep 1|Jane Allen| ||||Rep 2|David Allen| ||||Rep 3|Idris Owen| |Church|8|Trinity Methodist URC|Rep 1|Pauline Heyes| ||||Rep 2|Jenny Ashcroft| |---|---|---|---|---| |Church|9|Upholland Methodist|Rep 1|Peter Atherton| ||||Rep 2|Jean Bradshaw| |Church|10|Church at the Centre|Rep 1|Kim Stanley| ||||Rep 2|Ken Ashcroft| ||||Rep 3|Monica Rhead| **Circuit No 18/19** **LANCASHIRE WEST METHODIST CIRCUIT** ## Financial Statements For the Year Ending 31 August 2021 |Name of Circuit||**Lancashire west**|**Lancashire west**|||Circui|t18/19| |---|---|---|---|---|---|---|---| ||||||||| |**Statement of Financial Activities(SOFA) for theyear ended 31 August 2021**
|||||||| ||**Notes**
**to the**
**accou**
**nts**|**General**
**Fund**
**(Unrestrict**
**ed)**|**Circuit**
**Model**
**Trust**
**(Unrestri**
**cted)**|**Designat**
**ed Funds**
**(unrestric**
**ted)**|
**Restr**
**icted**
**Fund**
**s**|**Endo**
**wme**
**nt**
**Fund**
**s**|**Total**
**2020-21**| |||£|£|£|£|£|£| |**Income**|||||||| |1 Donations and legacies||43
1,612
17,179
250
324
169,577
22,000
10,000
12,895|||||0| |2 Income from monetaryinvestments|3.1a||||||**18,834**| |3 Income from investmentproperties|3.1b||||||**574**| |4 Assessments on Churches|3.1c||||||**169,577**| |5 Capital Receipts/Loan Repayments|||||||**22,000**| |6 Grants received|3.1d||||||**10,000**| |7 Other charitable income|3.1e||||||**12,895**| |8**Total income**||**214,765**|**1,936**|**17,179**|**-**|**-**|**233,880**| |**Expenditure**|||||||| |9 Grants and donations|3.2a|11,700
134,586
2,581
2,917
32,946
138,116
10,390
2,043
3,000
1,562
3,640
163
18,128|||||**11,700**| |10 Salaries and associated costs|||||||**134,586**| |11 Propertymaintenance(inc Ins & Utilities|||||||**5,498**| |12 Connexional assessment & model trust levy|||||||**171,062**| |13 District Assessment & Levy|||||||**12,433**| |14 Depreciation/Loans made|3.2b||||||**3,000**| |15 Office expenses|||||||**1,562**| |16 Other outgoings|||||||**21,931**| |17**Total charitable expenditure**||**200,405**|**140,322**|**21,045**|**0**|**0**|**361,773**| |18 Gains/(losses)on monetaryinvestments||261,675
-
439,603|||||0| |19 Gains/(losses)on investmentproperties|||||||**177,928**| |20**Net income/(expenditure)**||**-247,315**|**301,217**|**-3,866**|**0**|**0**|**50,035**| |21 Transfers between funds||2,762
10,000
-
7,238
14,829|||||0| |22 Othergains/(losses)/loans Due|||||||**14,829**| |23**Net movement in funds**||**-244,553**|**306,046**|**3,372**|**0**|**0**|**64,864**| |24 Total funds brought forward||1,344,932
81,729
21,454
82|||||1,448,197| |**25 Total funds carried forward**||**1,100,379**|**387,775**|**24,826**|**82**|**-**|**1,513,061**| |**Statement of Financial Activities(SOFA) for theyear ended 31 August 2020**|**Statement of Financial Activities(SOFA) for theyear ended 31 August 2020**|**Statement of Financial Activities(SOFA) for theyear ended 31 August 2020**|**Statement of Financial Activities(SOFA) for theyear ended 31 August 2020**|**Statement of Financial Activities(SOFA) for theyear ended 31 August 2020**|||| |---|---|---|---|---|---|---|---| ||**Notes to**
**the**
**account**|

**General Fund**
**(Unrestricted)**|**Circuit**
**Model Trust**
**(Unrestricte**
**d)**|
**Designated**
**Funds**
**(unrestricte**
**d)**|**Restricted**
**Funds**|**Endow**
**ment**
**Funds**|**Total 2019-20**| |||£|£|£|£|£|£| |**Income**|||||||| |1 Donations and legacies||297
1,734
4,800
250
190,957
10,000
16,353
2,888
82|||||0| |2 Income from monetaryinvestments|3.1a||||||**6,831**| |3 Income from investmentproperties|3.1b||||||**250**| |4 Assessments on Churches|3.1c||||||**190,957**| |5 Capital Receipts /Loan repayments|||||||**10,000**| |6 Grants received|3.1d||||||**16,353**| |7 Other charitable income/LBOS|3.1e||||||**2,970**| |8**Total income**||**220,745**|**1,734**|**4,800**|**82**|**-**|**227,361**| |**Expenditure**|||||||| |9 Grants and donations|3.2a|3,690
157,408
8,192
6,849
31,725
8,395
2,401
14,000
2,039
3,405
192
15,993
-|||||**3,690**| |10 Salaries and associated costs|||||||**157,408**| |11 Propertymaintenance(inc Utilities & ins)|||||||**15,041**| |12 Connexal assessment & model trust levy|||||||**31,725**| |13 District Assessment & Levy|||||||**10,796**| |14 Depreciation/Loans made|3.2b||||||**14,000**| |15 Office expenses|||||||**2,039**| |16 Other outgoings|||||||**19,590**| |17**Total charitable expenditure**||**228,854**|**2,593**|**22,842**|**0**|**0**|**254,289**| |18 Gains/(losses)on monetaryinvestments||92,303
-1450|||||**90,853**| |19 Gains/(losses)on investmentproperties|||||||0| |20**Net income/(expenditure)**||**84,194**|**-2,309**|**-18,042**|**82**|**0**|**63,925**| |21 Transfers between funds||14,298
-12000
-2250
-48
11,085|||||**-26,928**| |22 Othergains/(losses)/Loans due|||||||**40,687**| |23**Net movement in funds**||**109,577**|**-14,309**|**-20,292**|**34**|**0**|**107,242**| |24 Total funds brought forward||1,235,355
96,038
41,746
48|||||**1,373,187**| |**25 Total funds carried forward**||**1,344,932**|**81,729**|**21,454**|**82**|**-**|**1,448,197**| Name of Circuit **Circuit no. 18/19** ## **Lancashire West** ## **Balance Sheet as at 31 August 2021** |**Note**
**Accoun**
**Fixed Assets**|**Note**
**Accoun**
**Fixed Assets**|**s**
**General**
**Fund**
**(Unrestricte**
**d)**

£|**Circuit**
**Model**
**Trusts**
**(Unrestri**
**t d)**
£|**Designat**
**ed**
**Funds**
**(Unrestri**
**t d)**
£|**Restricte**
**d Funds**
£|**Endowm**
**ent**
**Funds**
£|**Totals**
**2020/21**
£||**Totals**
**2019/20**
£| |---|---|---|---|---|---|---|---|---|---| ||||||||||| |Circuit Manses & Equipment|9|1,017,219|||||1,017,219||1,271,072| |Investmentproperties||5,829|||||5,829||5,551| |Investments|||||||0||| |**_Total fixed assets_**||**1,023,048**|**0**|**0**|**0**|**0**|**1,023,048**||**1,276,623**| |**Current Assets**|||||||||| |Debtors||28,400|||||28,400||9,401| |Loans bythe Circuit|3.2b|30,828|||||30,828||34,828| |Investments with TMCP||3,000|387,775||||390,775||81,729| |Central Finance Board
Deposits||2,041||24,826|||26,867||38,560| |Cash at Bank and in hand||13,062|||82||13,144||17,137| |**_Total current assets_**||**77,331**|**387,775**|**24,826**|**82**|**0**|**490,014**||**181,655**| |**Current liabilities**|||||||||| |**Creditors (due in under 1**
year)|||||||0||10,081| |Grantspayable within 2020-21|||||||0||| |**_Total current liabilities_**||**0**|**0**|**0**|**0**|**0**|**0**||**10,081**| |**_Net current assets/liabilities_**||**77,331**|**387,775**|**24,826**|**82**|**0**|**490,014**||**171,574**| |**_Total assets less current_**
**_liabilities_**||**1,100,379**|**387,775**|**24,826**|**82**|**0**|**1,513,062**||**1,448,197**| ||||||||||| |**Long term liabilities**
**(due after more than 1yr**|||||||||| |
Grantspayable after 2020-21|||||||**0**||| |Loans to the Circuit|||||||**0**||| ||||||||**0**||| |**_Net assets_**||**1,100,379 **|**387,775**|**24,826**|**82**|**0 **|**1,513,062**||**1,448,197**| |**Funds of the Circuit**|||||||||| |General Fund(Unrestricted)||1,100,379|||82||1,100,379||1,344,932| |Circuit Model Trust Fund
(Unrestricted)|||387,775||||387,775||81,729| |Designated Funds(Unrestricted)||||24,826|||24,826||21,454| |**_Total Unrestricted Funds_**|||||||**1,512,980**||**1,448,115**| |Restricted Funds|||||82||82||**82**| |Endowment Funds||||||**0**|0||| |**_Total Funds_**||**1,100,379 **|**387,775**|**24,826**|**82**|**0**|**1,513,062**||**1,448,197**| Signed Circuit Treasurer **Notes to the Accounts 20/21** ## **1 Basis of accounting** The financial statements have been prepared under the Charities Act 2011 in accordance with the 2014 version of Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with FRS102 – the Charities SORP (FRS102) and taking note of the Update Bulletins ## **2 Funds** The funds held constitute: General Funds held for any purpose of the Circuit which are Unrestricted. The Circuit Model Trust Fund has wide purposes defined in Standing Orders and is categorised as unrestricted. Details of each material fund is disclosed in the final note to these accounts. Any funds may be represented by more than just cash. ## **3 Accounting policies** ## **Basis** These accounts have been prepared on the basis of historical cost except that investments are shown at their market value at the end of the year, on the accruals basis to show a true and fair view of the Circuit’s financial position and activities. Since the Circuit is not VAT registered, all input VAT is charged with the expenses to which it refers. ## **3.1 Incoming Resources** Income is included in the Statement of Financial Activities (SOFA) when the Circuit becomes entitled to the resources, and the trustees are reasonably certain they will receive the resources; and the monetary value can be measured with sufficient reliability. **a)** Income from monetary investments relate to CFB & CTMP account interst - **b)** See note on investment properties. 4.1 - **c)** Income from assessments on circuit churches on formula of ‘ability to pay’ basis. - **d)** Grant from Individual church to support additional Presbyter stipend increase - **e)** Other income includes & relates to assessments not identified above (£2895) ## **3.2 Resources Expended** This is recognised when a liability is incurred, or a constructive obligation arises, that results in the payment being unavoidable. Liabilities are recognised as soon as an outflow of economic benefit is considered more likely than not under the legal or constructive obligation committing the Circuit to pay out resources. ## a) Grants Grants made by the Circuit from its own funds are recognised in full at the time of agreement or when the Circuit accepts that there is a legal or operational obligation to make the payment. Grants were made to the Connexion Departments and circuit churches to further their mission work and/or make property refurbishments to enable mission outreach. ## b) Loans Loans to churches are made to support work or/and mission with an interest free three year payback perod(Emmanuel) or in the case of Tarleton church, to meet fees until church land has been sold ## **3.3 Tangible fixed assets for use by the Circuit** Tangible fixed assets are capitalised if they can be used for more than one year, and cost at least £500. The circuit property (Manses) is shown in the accounts at insured re-instatement value, the latest being professionally carried out in 2016. No depreciation is provided on the buildings because the trustees consider the current residual fair value of the manse buildings (on the assumption that it had reached the end of its useful economic life by the year-end) to be not less than its current value. Any depreciation would not be material. See note on the investment properties. Insured value of equipment for use throughout the Circuit, has been, and will be re-valued each year end 2021 value £2500 ## **4.1 Investment Properties** No property is currently deemed to not be held for the long term purposes of the charity. **a)** In 2016/17, the property known as ‘Roby Mill’ was disposed of but a piece of ‘Nursery Land’ retained with no specific value which is leased to an Allottment Group as approved by the Custodian Trustees **b** )There are no additional investment properties, however one of four manses was not occupied by a minister in over the last 3yrs and is being rented out to provide income to the circuit. This is seen as a short term arrangement, and will be reclassified as investment property rather than manse property in the following years accounts . **c)** The number of circuit presbyters has been reduced from 4 to 3. Two are using their home as a 'Manse' so one manse has been sold with a net value of £230584 after fees and levies payable. The proceeds have been invested at CFB with the intention a purchasing a replacement when suitable property becomes available It is the intention of the trustees to sell a futher property in the coming year **d)** The Digmoor church congregation has ceased to meet and with approval of the Custodian Trustees, sold by auction during 20/21 and realised a net value of £70,904, after fees and levies payable ## **4 2 Investments.** Investments are valued in the balance sheet at market value at the year end. Investment income is included in the accounts when receivable and any gains or losses on revaluation at the year end are shown in the SOFA. ## **4.3 Debtors and Prepayments** Prepayments on September stipends and associated costs. ## **4.4 Creditors** Creditors include both sundry expenses and specifically the 1st quarter assessment received in August. ## **5 Payment to Trustees** There were no payments made to trustees for additional services provided to the Circuit by agreement with the Circuit Meeting except those who perform the duties of Local Preachers, Supernumeraries and Circuit stewards for travel reimbursement only. Costs are included in ‘Other outgoings’ - see line 16 in SOFA ## **Trustee expenses** ||20/21|2019/20| |---|---|---| |Number of Trustees|6|6| |Total Amount|£150|£0| ## **6 Fees for examination or audit of the accounts** |Independent examiner’s or auditors' fees for
reporting on the accounts
Other fees (eg: advice, accountancy services)|20/21|2019/20| |---|---|---| ||NIL|NIL| |||| ## **7 Paid employees** ## **Staff Costs paid during the year** Gross wages, salaries and benefits Employer’s National Insurance costs Pension costs Total staff costs ## **Average number of full-time** |20/21|2019/20| |---|---| |£17,439|£15,228| |£0|£0| |£1,113|£840| |£18,552|£16,068| ||| |1.5|1| ## **8 Capital Commitments and Contingent Liabilities** At the 31st August 2021 there are no capital commitments. No Contingent liabilities were identified at 31st August 2021 ## **9 Tangible Fixed Assets** ## **Cost or valuation** ||**Land**|**Manses**|**buildings**|**fittings**|**Total**| |---|---|---|---|---|---| ||**£**|**£**|**£**|**£**|**£**| |Balance brought forward|5551|1,268,518||2554|1,276,623| |Revaluations(+/-)|278|61,062||-852|60,488| |Disposals(-)||314,063|||314,063| |Transfers *(+/-)|||||-| |Balance carried forward|5,829|1,015,517|2|1,702|1,023,048| ## **Accumulated depreciation** |Balance brought forward||||0|0| |---|---|---|---|---|---| |Depreciation charge for
year (-)||||0|0| |Revaluations (+/-)|||||| |Disposals (-)|||||| |Transfers* (+/-)|||||| |Balance carried forward||||0|0| ## **Net book value** |Brought forward|5,551|1,268,518|0|2,554|1,276,623| |---|---|---|---|---|---| |Carried forward|5,829|1,015,517|2|1,702|1,023,048| ## **10 For information only Money received and passed on to External Organisations** |**Balance brought forward from last year**
Offerings/Gifts - received for External Organisations
Offerings/Gifts - passed to External Organisations
**Balance carried forward**|2020/21|2019/20| |---|---|---| ||0|0| ||2085|3315| ||2085|3315| ||0|0| ## **11 Investment Assets** The Circuit has no additional assets - see note 4 ## **12 Loans** The Circuit has no current loans due ## **13 Summary of fund movements 2021** |**Fund**|**Balance at 1st**
**Sept 2020**|**Income**|**Expenditure**|**Transfers**|**Gains/Loss**|**Balance at**
**31st Aug 2021**| |---|---|---|---|---|---|---| |**Unrestricted & Undesignated**|£|£||£||£| |General|1,344,932|214,765|200,405|2762|-261,675|**1,100,379**| |Circuit Model Trust|81,729|1,936|140,322|-10000|454432.00|**387,775**| |**Total**|**1,426,661**|**216,701**|**340,727**|**7,238**
**-**|**192,757**|**1,488,154**| |**Designated**||||||| |Property Account|17,837|17,179|21,045|7238||**21,209**| |Emergensies & Removals|3,617|-|-|0|-|**3,617**| |**Total**|**21,454**|**17,179**|**21,045**|**7,238**|**0**|**24,826**| |||||||| |**Total Unrestricted**|**1,448,115**|**233,880**|**361,772**|**-**|**192,757**|**1,512,980**| |**Restricted**||||||| |Love Beyond our Shores Project|**82**|-|-|0||**82**| |||||||**0**| |**Total Restricted & Endowment**|**82**|**-**|**-**|**-**|**-**|**82**| |||||||| |**Total of all funds**|**1,373,187**|**233,880**|**361,772**|**-**|**192,757**|**1,513,062**| ## **Analysis of Net Assets Between Funds** ## **Fund balances at August 2021 are represented by :** ||**2020**|**General**
**Fund**|**Circuit**
**Model Trust**
**Fund**|**Designated**
**Funds**|**Restricted &**
**Endowment**
**Funds**|**Total 2020/21**| |---|---|---|---|---|---|---| |Tangible Fixed Assets|1,276,623|1,023,048||||1,023,048| |Fixed Asset Investments||-||||-| |Investments|**81,729**|||||-| |Current Assets|**99,926**|77,331|387,775|24,826|82|490,014| |Current Liabilities|**10,081**|-||||-| |Creditors Due After one Year|**-**|-||||-| |**Total Fund Value**|**1,448,197**|**1,100,379**|**387,775**|**24,826**|**82**|**1,513,062**| Nameof Circuit......LancashireWest.. ......,......................................No18119..,..... Declarations and Scrutiny I confim that these accruals-based accounts for the year to 31 August 2021 have been prepared from the records of the Circuit and that they include all funds under the ￿ntrol of the Circuit meeting. Signature of treasurer Date 20th ju￿ 2022 Name and address of treasurer Derek Ashcroft 358 Ormskirk Road, Skelmersdale..................... ..Post Code WN8 9AN.................. pre￿nIatIOn to the CircuSt m••ting I confirm that the annual Teport and accounts for the year ended 31 August 2021 were presented to the Circuit meeting held on 8th March 2022 Signature of the Chair of the meeting Name ofthe Chair of the meeting Rev M Tindsley.........................,.Date 24￿122......... Independent EXamine￿S Report to the Trustees of the Lancashire West Clrcuit Charlty Number 1134877 Re8ponslbllltle8 and ba81• of rnport I report to the trustees on my examination of the accounts of the Lancashire West Circuit for the year ended 31 August 2021 set out on pages 110 8. As the Circuit's trustees, you are responsible for the preparation of the accounts in accordance with the requirernents of the Charities Act 2011 ('Ihe Act.). I report in respect of my examination of the Circurt's accounts carried out under section 145 of the Act and, in carrying out my examination, I have followed all the appluble Directions given by the Charity Commission under section 145{5)(b) of the Acl. delete or circle as appropriate Name of Circuit ...Lancashire West.......... .. . No 1&119............. Independent Examlnorf8 Ststsment trhe Circuit's gross income exceeded £250.000 and l am qualifbed to undertake the examinalion by being a qualified member of (insert nan￿ of applicable listed body)]. Delete [ ] if not applKable. I have completed my examinalion. I confimi 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 malerial respect: the accounb'ng records were not kept in accordance with section 130 of the Act: or the accounts do not accord with the accounting records,. or the accounts do not comply with the applicable requirements conceming the fomi and content of accounts set out in the Charities (Accounis 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 examinab'on Delete rf not applicable ie all R&P 8ccounts the trustees, annual report is not consistent wrth the accountsDeleterf not applicable ie all R&P accounts. I have no concerns and have come across no Oiher matters in conneth'on with 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 havelhave nor obtained independent verification of all investments with the Trustees for Methodist Church Purposes or held in othef trusts. bank balances and funds at the Central Finance Board of Methodist Church which are indivKlually in excess of £10.1)JO (ten thousand pounds) at the balance sheet date. S￿natUre of independent examiner Name of independent examiner Mrchris Cullen............................................... Relevant profes8ion81 qualification of indeperfflent examiner Name of firm (where appropriate) Address 50 Spencers Lane Skelmersdale........................... Postcode WN89JR................. Date delete or circle as appropriate Name of Circuit. .Lancashire West.....................................-... No 18119. Independent Examiner's Statement he Circuit's gross income exceeded £250,000 and l am qualifbed to undertake the examination by being a qualified member of (insert name of applicable listed body)]. Delete [ ] if not applicable. 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 accordanc£ with section 130 of the Act. or the accounts do not accord with the accounting records., or the accounts do not comply with the applicable requirements conceming the form and content of accounts set out in the Charities (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 ie all R&P accounts the trustees, annual report is not wnsistent with the accountsDeleterf not applicable ie all R&P 8ccounts. I have no concems and have come across no other matters in connection with the examination to which attention should be dravrfn in this report in order to enable a proper understanding of the accounts to be reached. I havelhave not. obtained independent verification of all investments with the Trustees for Methodist Church Purposes or held in other trusts. bank balances and funds 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 Mr Chris Cullen. Relevant professional qualrfication of independent examiner Name of fim (where appropriate) Address 50 Spencers Lane Skelmersdale.. Post Code WN8 9JR... . Date delete or circle as appropriate