2025-08-31-accounts

Lincoln Circuit (17/2)

Registered Charity No: 1134886

Lincoln Circuit Trustees’ Annual Report 2024-25

Introduction

We are pleased to present the Trustees’ Annual Report for The Lincoln Circuit, which is part of the Methodist Church in Britain. As a Christian faith organisation, we respond to Jesus’s message of God’s love by living out our discipleship in worship and mission.

The Lincoln Circuit embraces eighteen worshipping communities in churches across the Greater Lincoln area. Our role is to support these churches in their worship, mission and service. In addition, we reach beyond our own membership, proclaiming the gospel of Jesus in practical ways that serve the spiritual and physical well-being of people in our area and in the wider world.

As trustees, we hope that this report acts as an expression of our purposes and mission and not just the cost of our activities.

Revd Richard Mottershead Superintendent Minister

Richard Wills Senior Circuit Steward

Aims and organisation for the Lincoln Circuit

The Methodist Church Purposes as defined in statute:

The Charity objective is to act as a Resource provider within the area around Lincoln for the Methodist Church, whose purposes are defined in The Methodist Church Act 1976. " 4 Purposes. 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.”

We believe that “ Love is at the heart of everything we are .” So, we have condensed the way in which we will deliver our purposes with a simple mnemonic:

L et God guide

O pen to the Spirit

V alue Everyone

E xpect great things

Our Vision (our intended destination ) is where we strive to be in the future.

• The Jesus story relevant to 21st Century people.

• We are a thriving part of the Methodist Movement, by making disciples of Jesus.

Our Mission is the route map that describes what we do to achieve our purpose and vision. Within and beyond our churches, we

• … Connect churches and communities

• … Advocate for social justice

• … Serve in tangible actions

• … Evangelise by telling our story

Our mission areas

City Mission:

• City Centre churches

• Suburban churches

Rural Mission:

• Town and village churches (clustering when necessary)

Our Resources

People in Ministry:

• Lay roles

• Ordained ministers

• Chaplaincy roles

Property that is fit for purpose.

Pounds used wisely

Our Governance

• Loving

• Ethical

• Agile

• Democratic

• Inspiring

• Nurturing

• God-focussed

Our formal governance consists of trustees who form:

• the Circuit Meeting; and from which is drawn

• the Circuit Leadership

Our worshiping communities (churches) are connected through the Constitution, Practice and Discipline of the Methodist Church in Britian, but remain independent managing trustee bodies (church councils).

Our purpose, vision and mission translate to many practical activities :

• Weekly worship open to members of the church and non-members alike, in 18 places provided by a network of preachers, worship leaders and ordained ministers.

• Worship support in Stones Place, a care home run by MHA

• Pastoral work in our churches and community

• Taking religious assemblies in local schools.

2

• Promotion of Christianity through the staging of events and services.

• Provision of chaplaincy services to the local university and other institutions.

• Promoting social justice in accordance with our beliefs.

• Activities that are directly provided by our churches, largely through volunteers:

• Fellowship groups

• Luncheon clubs

• Coffee mornings

• Food bank distribution centres

• Community Larder Distribution centre

• A branch of Christians Against Poverty (CAP)

• Hosting of “Night Light” cafes

• Our premises are used by other organisations who have similar aims to ourselves in meeting community needs eg preschools

Brief financial review of the year 2024-25

One of the ways we resource our mission is through finance and property. We recognise that:

• We have a lot of our capital tied up in buildings. We need to have wise stewardship of what we have inherited. Getting the best return may be financial or missional outcomes.

• Revenue will be through the generosity of our people or from investments or incomeearning enterprises.

The total membership of our church has reduced in the immediate aftermath of the Covid 19 pandemic. However, the needs to be met in our churches and communities are at least as great as they have ever been. There are signs in some churches that our practical support to communities is encouraging people to assist with such activities as well as joining our congregations.

INCOME TRENDS:

Historically, our revenue expenditure has been met through the generous giving of church congregations, and this still provides the bulk of our regular income. However, as membership and attendance at worship services has reduced then so has the total income received through our churches. Each church is obliged to pay the assessment determined by the Circuit Meeting and this is the first call on any church’s funds.

The Circuit trustees recognise that local churches are struggling with increased costs and reduced incomes. The Circuit Meeting established a Transition Reserve of £150,000. This is used to provide rebates on assessments for churches that may have immediate cash-flow difficulties and provides an opportunity for such churches to demonstrate they have a sustainable future.

EXPENDITURE TRENDS:

• Expenditure is rising with inflation on stipends for ordained ministers, pay for lay employees, National Insurance and prices increases.

3

• Expenditure overall was slightly LOWER than budget.

• Stipend expenditure has increased each budget year in line with conference approved increases.

• 22% of budget is the circuit contribution to the District and Connexion, of which a significant part funds the work of the wider Methodist Church.

• We have some one-off expenditure as a result of the movement of ministers (removal costs and upgrading manses prior to occupation)

FINANCIAL SUMMARY

		Actual £		Budget £
Income from assessments:		358,489		378k
Use of reserves to support income(Transition Reserve)		20,700
Expenditure		356,712		380k

Balances:

• The net current assets of the circuit are £938,762 (General A/C £116,660, CFB £138,213 Model Trust £683,889).

• Unrestricted Funds have been established for designated purposes and there are some small restricted funds for specific purposes.

• There are adequate reserves to cover six months of operating expenditure as part of the circuit reserves policy.

• The circuit also has 5 properties in its portfolio, which are manses for the ministers.

Plans for 2025-26

In September 2025, the Lincoln Circuit expanded by merging churches from part of the previous Mid-Lincolnshire Circuit. This should help to make the Circuit more sustainable since the overall budget has increased only marginally, but the costs recovered through assessments are distributed over more churches.

Circuit financial plans for 2025-26 have been prepared on the basis that there are 5 ordained staff [3.8 fte] and three part-time lay employees.

Reserves are healthy. It is intended to review all property in the Circuit so that we can determine how best we can use them for our fundamental mission or use them to earn income by which we can fund our charitable activities.

RESERVES POLICY:

The Reserves Policy for the Circuit is to hold between 3 months and 6 months of expenditure in an Operating Reserve. In addition, funds have been designated for specific purposes:

• Transition Reserve – to assist churches with cash flow problems

• Equipping for Mission Fund – to provide money for specific charitable activities.

• Building for Mission Fund – to manage and improve our property estate

• Investing for Mission Fund – to provide income streams for charitable purposes.

• Restricted funds – for specific charitable purposes, usually specified by donors.

Structure, Governance and Management

4

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.

• We recognise that good governance is one of the resources underpinning effective mission:

• Within the framework of the Church’s Constitution, Practice and Discipline (CPD) we need local models of trusteeship and governance that work for our situation.

• We need to be agile and responsive, while exercising probity and good risk management.

The most important resource for our mission is our people in ministry. We recognise that:

• Ministry takes many forms: ordained and lay; paid and volunteer;

• full-time and part-time; circuit and local.

• Our ministries must be supported through learning, mentoring and encouragement, as well as funding.

Leadership and management is undertaken by our Leadership Team:

CIRCUIT MINISTERS AND OFFICERS:

• Revd Richard Mottershead (Superintendent)

• Revd Canon Alan Robson

• Revd Juliet Wriglesworth

• Deacon Helen Gardner

• Revd Margaret Doughty (Active Supernumerary)

• Revd Dr Terry Nowell (Active Supernumerary)

• CIRCUIT STEWARDS:

• Miss Eleanor Downie

• Miss Sheila Downie

• Mr Alan Measures (Finance)

• Mr Richard Wills (Senior)

• Supported by ADMINISTRATORS:

• Mrs Catherine Ridley

• Mrs Denise Allitt

5

Basis of preparation and legal framework

The Charity’s annual report and accounts for the year ended 31 August 2023 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

FULL NAME OF CHARITY: Lincoln Methodist Circuit REGISTRATION CHARITY NUMBER: 1134886 DATE OF REGISTRATION: 12 March 2010 MAIN COMMUNICATION ADDRESS: Circuit Office Burton Road Methodist Church 175 Burton Road, LINCOLN LN1 3LT

The members of the Circuit meeting are the Managing Trustees, membership being made up of circuit office holders, ministers and representatives appointed by the local churches. A full list of Trustees is shown in Appendix A to this Report.

Mr Alan Measures acted as the principal officer overseeing the day-to-day financial management and accounting for the circuit during the year.

INDEPENDENT EXAMINER: Keith May Accounting Services Ltd Aura Business Centre, Heath Road, Skegness PE25 3SJ INVESTMENT BANKERS: Central Finance Board of the Methodist Church (CFB) 9 Bonhill street, London EC2A 4PE

Trustees for Methodist Church Purposes (TMCP) Central building, Oldham Street, Manchester M1 1JQ BANKERS: Lloyds Bank PLC PO Box 1000, High Street, Lincoln BX1 1LT

Public Benefit

We confirm the trustees have had regard to the Charity Commission’s guidance on public benefit.

Trustee Training

A range of guidance is produced by Methodist Connexion to support the effective running of the Circuit, including the leaflet ‘The Role of a Trustee in The Methodist Church’.

Related parties:

The Circuit is part of the Lincolnshire District and is also accountable to the Methodist Conference. 18 Churches are linked to the Circuit and are listed in Appendix B to this Report.

Risk management:

Major risks, both physical and financial, are identified and recorded and professional advice taken as required. There is a regular annual review process undertaken and recorded.

6

Income and Expenditure is monitored in total and is compared with the approved annual budget 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 recreation 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 Lincoln 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 Lincoln 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.

7

APPENDIX A

LIST OF TRUSTEES:

LIST OF TRUSTEES:
Circuit	Revd Margaret Doughty	Presbyter
	Revd Jennifer Matthews	Presbyter
	Revd Canon Alan Robson	Presbyter
	Revd Juliet Wriglesworth	Presbyter
	Miss Eleanor Downie	Circuit Steward
	Miss Sheila Downie	Circuit Steward
	Mr Alan Measures	Finance/Safeguarding/LP Sec
	Mr Richard Wills	Circuit Steward
	Mrs Catherine Ridley	Circuit Administrator
	Mrs Sylvia Curry	Methodist Women in Britain
	Mrs Rae Perkins	MHA
Bailgate	Mr Scott Prentice	Steward
	Mr Chris Matthews	Steward
	Mrs Laura Barker- Jorgensen	Member
Burton Road	Mr Geoff Gilbert	Treasurer
	Mrs Helen Sheehan	Member
	Mr Mark Thompson	Steward
	Mrs Wendy Thompson	Senior Steward
Central	Mrs Val Pilkington	Member
	Mrs Margaret Houtby	Senior Steward
	Mrs Kathy Rushton	Member
Cherry Willingham	Mrs Jenny Robinson	Steward
	Mr Roger Smith	Treasurer/Connexional treasurer
	Mr Paul Wood	Member
Monks Road	Mr David Brown	Treasurer
	Mr Jonathan Nowell	Member
	Revd Dr Terry Nowell	Supernumerary Minister
	Mrs Lorraine Osgodby	Senior Steward
Moorland Park	Mrs Brenda Walters	Member
	Mr Gordon Daws	Member
Navenby	Mr Trevor Sissons	Steward
	Mrs Elizabeth Willett	Member
Nettleham	Mr Chris Rogalski	Treasurer
	Mr Marcus Harborne	CAP
	Mr David Vincent	Member
North Hykeham	Mrs Barbara Abbott	Senior Steward
	Mrs Barbara Norman	Treasurer
Reepham	Mrs Jill Singleton	Treasurer
	Dr Roy Jackson	Steward
Skellingthorpe	Mrs Pat Bishop	Steward
	Mrs Pat Robinson	Steward
	Mr Ivor McNish	Treasurer

8

St Columba's	Mrs Trish Kirk	Member
	Mrs Nicole Bond	Church Secretary
St Giles	Mrs Anne Beckett	Treasurer
	Mrs Barbara Hutchinson	Member
	Mr Peter Sherlock	Senior Steward
Swallowbeck	Mrs Beryl Faulkner	Steward
	Mrs Jackie Isherwood	Church Secretary
	Mr Keith Woolhouse	Treasurer
Washingborough	Mr Keith Swann	Steward
	Mrs Carolyn Swann	Treasurer
	Mrs Lesley Tyreman	Steward
Welton & Dunholme	Mrs Elaine Johnson	Senior Steward
	Mr John Ryland	Member
	Mr David Wilson	Treasurer

9

APPENDIX B

LIST OF CHURCHES IN THE CIRCUIT:

1. Bailgate Methodist Church

2. Burton Road Methodist Church

3. Central Methodist Church

4. Cherry Willingham Methodist Church

5. Monks Road Methodist Church

6. Moorland Park Methodist Church

7. Navenby Methodist Church

8. Nettleham Methodist Church

9. North Hykeham Methodist Church

10. Reepham Methodist Church

11. Scothern Methodist Church

12. Skellingthorpe Methodist Church

13. St Columbas (LEP – Anglican/URC), Brant Road

14. St Giles Methodist Church

15. Swallowbeck Methodist Church

16. Washingborough Methodist Church

17. Welton and Dunholme Methodist Church (Associated Class – Ingham)

APPROVED by the circuit trustees at their meeting on Tuesday, 10[th] February 2026

…………………………………………………. (signed) …………………………………………………. (signed) Revd Richard Mottershead Mr Richard Wills Superintendent Minister Lead Circuit Steward

10

Circuit Accruals Accounts 2024-25

THE METHODIST CHURCH

REPORT AND ACCOUNTS (ACCRUALS BASIS) for the year ended 31 August 2025

LINCOLN Circuit Registered Charity - Registration number 1134886 Lincolnshire Circuit No 17/2 Ministers Revd Richard Mottershead Revd Canon Alan Robson Revd Margaret Doughty Revd Jennifer Matthews Revd Juliet Wrigglesworth Deacon Helen Gardner Circuit Stewards Mr Richard Wills Miss Eleanor Downie Miss Sheila Downie Mr Alan Measures Circuit Treasurer Mr Alan Measures	LINCOLN Circuit Registered Charity - Registration number 1134886 Lincolnshire Circuit No 17/2 Ministers Revd Richard Mottershead Revd Canon Alan Robson Revd Margaret Doughty Revd Jennifer Matthews Revd Juliet Wrigglesworth Deacon Helen Gardner Circuit Stewards Mr Richard Wills Miss Eleanor Downie Miss Sheila Downie Mr Alan Measures Circuit Treasurer Mr Alan Measures	LINCOLN Circuit Registered Charity - Registration number 1134886 Lincolnshire Circuit No 17/2 Ministers Revd Richard Mottershead Revd Canon Alan Robson Revd Margaret Doughty Revd Jennifer Matthews Revd Juliet Wrigglesworth Deacon Helen Gardner Circuit Stewards Mr Richard Wills Miss Eleanor Downie Miss Sheila Downie Mr Alan Measures Circuit Treasurer Mr Alan Measures	LINCOLN Circuit Registered Charity - Registration number 1134886 Lincolnshire Circuit No 17/2 Ministers Revd Richard Mottershead Revd Canon Alan Robson Revd Margaret Doughty Revd Jennifer Matthews Revd Juliet Wrigglesworth Deacon Helen Gardner Circuit Stewards Mr Richard Wills Miss Eleanor Downie Miss Sheila Downie Mr Alan Measures Circuit Treasurer Mr Alan Measures	LINCOLN Circuit Registered Charity - Registration number 1134886 Lincolnshire Circuit No 17/2 Ministers Revd Richard Mottershead Revd Canon Alan Robson Revd Margaret Doughty Revd Jennifer Matthews Revd Juliet Wrigglesworth Deacon Helen Gardner Circuit Stewards Mr Richard Wills Miss Eleanor Downie Miss Sheila Downie Mr Alan Measures Circuit Treasurer Mr Alan Measures
				1134886
		Lincolnshire Circuit No		17/2
	Ministers Circuit Stewards Circuit Treasurer
			Revd Richard Mottershead
			Revd Canon Alan Robson
			Revd Margaret Doughty
			Revd Jennifer Matthews
			Revd Juliet Wrigglesworth
			Deacon Helen Gardner
			Mr Richard Wills
			Miss Eleanor Downie
			Miss Sheila Downie
			Mr Alan Measures
			Mr Alan Measures

Name of Circuit

Circuit No 17/2

Lincoln

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	4				240		240
2 Income from monetary investments	5	3,890	27,682	386	875		32,832
3 Income from investment properties	3	8,840					8,840
4 Assessments on Churches		358,489					358,489
5 Capital Receipts	6		240,382				240,382
6 Grants received							0
7 Other charitable income	7						0
8Total income		371,219	268,064	386	1,115	0	640,783
Expenditure
9 Grants and donations				30,684	17,274		47,958
10 Salaries and associated costs	10	212,424					212,424
11 Property maintenance		2,812					2,812
12 Connexional assessment & levy on sales		67,600	72,153				139,753
13 District Assessment & Model Trust levy		18,400	29,667				48,067
14 Depreciation							0
15 Office expenses		25,782		26	60		25,868
16 Other outgoings		29,694	1,665				31,359
17Total charitable expenditure		356,713	103,484	30,710	17,334	0	508,242
18 Gains/(losses) on monetary investments			15				15
19 Gains/(losses) on investment properties							0
20Net income/(expenditure)		14,506	164,594	(30,324)	(16,219)	0	132,557
21 Transfers between funds		(204,994)		201,494	3,500		0
22 Other gains/(losses)							0
23Net movement in funds		(190,488)	164,594	171,169	(12,719)	0	132,557
24 Total funds brought forward		1,601,630	512,226	156,597	20,299		2,290,751
25 Total funds carried forward		1,411,142	676,820	327,766	7,580	0	2,423,308

Name of Circuit

Circuit No 17/2

Lincoln

Statement of Financial Activities (SOFA) for the year ended 31 August 2024

	Notes to		Circuit Model	Designated
	the	General Fund	Trust	Funds	Restricted	Endowment	Total
	accounts	(Unrestricted)	(Unrestricted)	(Unrestricted)	Funds	Funds	2023-24
		£	£	£	£	£	£
Income
1 Donations and legacies	4	2,000	0	0	315	0	2,315
2 Income from monetary investments	5	3,260	24,014	416	9,971	0	37,661
3 Income from investment properties	3	7,842		0	0	0	7,842
4 Assessments on Churches		310,027		0	0	0	310,027
5 Capital Receipts	6	(240,000)	278,426	0	0	0	38,426
6 Grants received		0		0	0	0	0
7 Other charitable income	7	0		0	0	0	0
8Total income		83,130	302,440	416	10,286	0	396,272
Expenditure
9 Grants and donations		961	75,000	0	(7,440)	0	68,521
10 Salaries and associated costs	10	207,236		0	0	0	207,236
11 Property maintenance		8,385	0	0	318,093	0	326,478
12 Connexional assessment & levy on sales		64,450	87,370	0	0	0	151,820
13 District Assessment & Model Trust levy		18,400	20,758	0	0	0	39,158
14 Depreciation							0
15 Office expenses		27,324		22	933	0	28,280
16 Other outgoings		23,352	1,121	0	0	0	24,473
17Total charitable expenditure		350,107	184,250	22	311,586	0	845,965
18 Gains/(losses) on monetary investments			597				597
19 Gains/(losses) on investment properties							0
20Net income/(expenditure)		(266,977)	118,788	394	(301,300)	0	(449,096)
21 Transfers between funds		9,000			(9,000)		0
22 Other gains/(losses)							0
23Net movement in funds		(257,977)	118,788	394	(310,300)	0	(449,096)
24 Total funds brought forward		1,859,377	393,438	156,203	330,600		2,739,617
25 Total funds carried forward		1,601,400	512,226	156,597	20,299	0	2,290,521

Circuit No 17/2

Name of Circuit

Lincoln

Balance Sheet as at 31 August 2025

Notes to the Accounts Fixed Assets	Notes to the Accounts Fixed Assets	£ General Fund (Unrestricted)	£ Circuit Model Trusts (Unrestricted)	£ Designated Funds (Unrestricted)	£ Restricted Funds	£ Endowment Funds	Totals 2024 £
Circuit Properties	11	1,451,551					1,451,551
Investmentproperties						0
Investments	12		8,330				8,330
Total fixed assets		1,451,551	8,330	0	0	0	1,459,881
Current Assets
Debtors	13	15,741					15,741
Loans bythe Circuit	16	122,794					122,794
Trustee Investment Fund at TMCP		0	668,490	8,450	6,950		683,889
Central Finance Board Deposits		-51,803		190,016	0		138,213
Cash at Bank and in hand	13	-13,270		129,300	631		116,661
Total current assets		73,462	668,490	327,766	7,580	0	1,077,298
Current liabilities
Creditors (due in under 1 year)	14	113,871					113,871
Grantspayable within 2023-24					0		0
Total current liabilities		113,871	0	0	0	0	113,871
Net current assets/liabilities		-40,409	668,490	327,766	7,580	0	963,427
Total assets less current liabilities		1,411,142	676,820	327,766	7,580	0	2,423,308

Long term liabilites (due afer more than oneyear)
Grantspayable after 2023-24							0
Loans to the Circuit							0
							0
Net assets		1,411,142	676,820	327,766	7,580	0	2,423,308

Funds of the Circuit

Funds of the Circuit
General Fund(Unrestricted)		1,411,142	676,820 327,766 7,580 0				1,411,142
Circuit Model Trust Fund (Unrestricted)			676,820	327,766			1,004,586
Total Unrestricted Funds							2,415,728
Restricted Funds					7,580		7,580
Endowment Funds						0	0
Total Funds		1,411,142	676,820	327,766	7,580	0	2,423,308

Signed

Circuit Treasurer

Name of Circuit

Circuit No 17/2

Lincoln

Statement of Financial Activities (SOFA) for the year ended 31 August 2023

	Notes to		Circuit Model	Designated
	the	General Fund	Trust	Funds	Restricted	Endowment	Total
	accounts	(Unrestricted)	(Unrestricted)	(Unrestricted)	Funds	Funds	2022-23
		£	£	£	£	£	£
Income
1 Donations and legacies	4	2,164			320,400		322,564
2 Income from monetary investments	5	4,687	12,407	240	7,524		24,858
3 Income from investment properties	3	13,923					13,923
4 Assessments on Churches		286,319					286,319
5 Capital Receipts	6						0
6 Grants received							0
7 Other charitable income	7	1,602					1,602
8Total income		308,694	12,407	240	327,924	0	649,265
Expenditure
9 Grants and donations		10,310	24,300	6,486			41,096
10 Salaries and associated costs	10	167,678					167,678
11 Property maintenance		29,877					29,877
12 Connexional assessment & levy on sales		60,400					60,400
13 District Assessment & Model Trust levy		18,400	23,532				41,932
14 Depreciation							0
15 Office expenses		28,492		21			28,513
16 Other outgoings		24,718	1,227				25,945
17Total charitable expenditure		339,874	49,059	6,508	0	0	395,441
18 Gains/(losses) on monetary investments			(342)				(342)
19 Gains/(losses) on investment properties							0
20Net income/(expenditure)		(31,181)	(36,994)	(6,268)	327,924	0	253,481
21 Transfers between funds		24,300		(24,300)			0
22 Other gains/(losses)							0
23Net movement in funds		(6,881)	(36,994)	(30,568)	327,924	0	253,481
24 Total funds brought forward		1,866,258	430,432	186,770	2,676		2,486,136
25 Total funds carried forward		1,859,377	393,438	156,203	330,600	0	2,739,617

Circuit No 17/2

Name of Circuit

Lincoln

Balance Sheet as at 31 August 2024

Notes to the Accounts Fixed Assets	Notes to the Accounts Fixed Assets	£ General Fund (Unrestricted)	£ Circuit Model Trusts (Unrestricted)	£ Designated Funds (Unrestricted)	£ Restricted Funds	£ Endowment Funds	Totals 2024 £
Circuit Properties	11	1,451,551					1,451,551
Investmentproperties						0
Investments	12		8,315				8,315
Total fixed assets		1,451,551	8,315	0	0	0	1,459,866

Current Assets	Current Assets
Debtors	13	17,959					17,959
Loans bythe Circuit	16	142,794					142,794
Trustee Investment Fund at TMCP		0	503,910	8,090	18,469		530,470
Central Finance Board Deposits		12,098		60,202	0		72,301
Cash at Bank and in hand	13	57,215		88,304	1,831		147,350
Total current assets		230,067	503,910	156,597	20,299	0	910,873
Current liabilities
Creditors (due in under 1 year)	14	80,218					80,218
Grantspayable within 2023-24					0		0
Total current liabilities		80,218	0	0	0	0	80,218
Net current assets/liabilities		149,849	503,910	156,597	20,299	0	830,655
Total assets less current liabilities		1,601,400	512,226	156,597	20,299	0	2,290,521

Long term liabilites (due afer more than oneyear)
Grantspayable after 2023-24							0
Loans to the Circuit							0
							0
Net assets		1,601,400	512,226	156,597	20,299	0	2,290,521

Funds of the Circuit

Funds of the Circuit
General Fund(Unrestricted)		1,601,400	512,226 156,597 20,299 0				1,601,400
Circuit Model Trust Fund (Unrestricted)			512,226	156,597			668,822
Total Unrestricted Funds							2,270,222
Restricted Funds					20,299		20,299
Endowment Funds						0	0
Total Funds		1,601,400	512,226	156,597	20,299	0	2,290,521

Signed

Circuit Treasurer

Name of Circuit

Circuit No 17/2

Lincoln

Balance Sheet as at 31 August 2023

Notes to the Accounts Fixed Assets	Notes to the Accounts Fixed Assets	£ General Fund (Unrestricted)	£ Circuit Model Trusts (Unrestricted)	£ Designated Funds (Unrestricted)	£ Restricted Funds	£ Endowment Funds
Circuit Properties	11	1,691,551
Investmentproperties
Investments	12		7,718
Total fixed assets		1,691,551	7,718	0	0	0
Current Assets
Debtors	13	17,825
Loans bythe Circuit	16	142,794
Trustee Investment Fund at TMCP			385,720	7,697	327,524
Central Finance Board Deposits		-43,650		110,340	0
Cash at Bank and in hand	13	122,702		38,166	15,576
Total current assets		239,671	385,720	156,203	343,100	0
Current liabilities
Creditors (due in under 1 year)	14	71,845
Grantspayable within 2022-23
Total current liabilities		71,845	0	0		0
Net current assets/liabilities		167,826	385,720	156,203	343,100	0
Total assets less current liabilities		1,859,377	393,438	156,203	343,100	0
Long term liabilites (due afer more than oneyear)
Grantspayable after 2022-23					6,500
Loans to the Circuit					6,000
Net assets		1,859,377	393,438	156,203	330,600	0

Funds of the Circuit

Funds of the Circuit
General Fund(Unrestricted)		1,859,377	393,438 156,203 330,600 0
Circuit Model Trust Fund (Unrestricted)			393,438	156,203
Total Unrestricted Funds
Restricted Funds					330,600
Endowment Funds						0
Total Funds		1,859,377	393,438	156,203	330,600	0

Signed

Circuit Treasurer

Totals 2023 £

1,691,551 0 7,718 1,699,269

17,825 142,794 720,940 66,689 176,444 1,124,693

71,845

0 71,845 1,052,848

2,752,117

6,500 6,000 0 2,739,617

1,859,377 549,641 2,409,018 330,600 0 2,739,617

Notes to the Accounts Lincoln Circuit

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 the Financial Reporting Standard for Smaller Entities applicable in the UK (effective from 1 January 2015) – the Charities SORP (FRSSE) – in replacement for the SORP’s 2005 version specified in its related 2008 Regulations and in accordance with the ‘true and fair override’ provision contained therein.

2 Funds

The funds held include General Funds held for any purpose of the Circuit which are Unrestricted, the Circuit Model Trust Fund which has wide purposes defined in Standing Orders and is categorised as Unrestricted, Designated Funds which have been set aside for particular purposes but are still Unrestricted, Restricted funds which are held for a narrower purpose and are listed in the final Note below and Endowment funds which are also listed in that Note. 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.

Income Recognition

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.

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.

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. When the grant is recurrent over more than one year the balance payable in future years is treated as a provision for future commitments in the Balance Sheet against the appropriate fund, the provision being released in future years as instalments are paid in accordance with the originally agreed terms.

VAT

Since the Circuit is not VAT registered, all input VAT is charged with the expense to which it refers.

Tangible fixed assets for use by the Circuit

These are capitalised if their anticipated reliable life is more than one year, and individually cost at least £2,000.

The freehold properties are shown in the accounts at 2015 deemed values or at cost if purchased after 2015 , of which the land component in the opinion of the Trustees is £310,309. No depreciation is provided on any of the buildings because the trustees consider their current residual fair value (on the assumption that they had reached the end of their useful economic lives by the year-end) to be not less than its current value. Any depreciation would not be material. The properties have been reviewed for impairment.

Investment Properties

The surplus property, a manse, which was rented to provide income has now been sold.

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.

Debtors and Prepayments

Debtors relate to the payment of the September stipends in August, a cost paid in advance of the service to be received.

Creditors

Creditors relate to the receipt of money for Church Assessments due for September.

Impact of Accounting changes

There are no Accounting changes

4. Donatons and Legacies Year to 31st August 2025 Donatons Legacies Year to 31st August 2024 Donatons Legacies 5. Investment income Year to 31st August 2025 Central Finance Board TMCP Other Total Year to 31st August 2024 Central Finance Board TMCP Other Total 6. Capital Receipts Sale of Property - Surplus Manses 7. Other Charitable Income Donatons Other	Unrestricted Designated £ £ £ - - Circuit Model Trust Fund	Lincoln Restricted Endowment £ £ 240-	Circuit Total £ 240 -
	- -	240 -	240
	2,000 - -	315	- 2,315 -
	2,000 -	315 -	2,315
	3,890 27,682	386	3,890 28,067 -
	3,890 27,682 -	- 386	31,957
	3,260 24,014	416 9,971 0	- 3,260 34,401 0
	3,260 24,014 -	416 9,971	37,661
	Net of purchase cost	This year £ 240,381 240,381 0	Last year £ 38,426
			38,426
			0
			0

8. Payment to Trustees

With the exception of Stipends paid to ministers, no payments were made to trustees for additional services provided to the Circuit by agreement with the Circuit Meeting

Number of trustees who were paid expenses Nature of the expenses Expense payments primarily relate to reimbursement for travel costs Total Amount Paid 9. Fees for examinaton or audit of the accounts 10 Paid employees (including Ministers) Staf costs paid during the year were: Gross wages, salaries and benefts in kind Employer's Natonal Insurance Costs Pension Costs Total Staf Costs Independent examiner’s or auditors' fees for reportng on the accounts Other fees (eg: advice, accountancy services) paid to the independent examiner or auditor	Thisyear 6 £ 10,268 £ 120 nil £ 151,423 27,300 15,597 194,319	Lastyear
		6
		£
		7,704
		£
		120
		nil
		£
	151,423	158,792
	27,300	35,108
	15,597	13,335
	194,319	207,235

Average number of staff employed during the year were

6 6

Lincoln

Circuit

11. Tangible Fixed Assets

Cost or valuation

11. Tangible Fixed Assets	Lincoln Circuit	Lincoln Circuit	Lincoln Circuit	Lincoln Circuit	Lincoln Circuit
Cost or valuaton	Year to 31st August 2025
	Residental Land £	Other Land £	Manses £	Other builidngs £	Total £
Balance brought forward	355,309	0	1,336,242	0	1,691,551
Additons					0
					0
					0
Revaluatons(+/-)					0
Disposals(-)	-45,000		-195,000		-240,000
Transfers*(x/-)					0
Balance carried forward	310,309	0	1,141,242	0	1,451,551
Accumulated depreciaton *Basis* Rate	SL or RB SL or RB
Balance brought forward					0
Depreciaton charge foryear(-)					0
Revaluatons(x/-)					0
Disposals(-)					0
Transfers*(x/-)					0
Balance carried forwards	0	0	0	0	0
Net book value
Brought forward	355,309	-	1,336,242	-	1,691,551
Carried forward	310,309	-	1,141,242	-	1,451,551

Cost or valuation

Year to 31st August 2024

	Residental Land £	Other Land £	Manses £	Other builidngs £	Total £
Balance brought forward	355,309	0	1,336,242	0	1,691,551
Additons					0
					0
					0
Revaluatons(+/-)					0
Disposals(-)					0
Transfers*(x/-)					0
Balance carried forward	355,309	0	1,336,242	0	1,691,551
Accumulated depreciaton *Basis* Rate	SL or RB SL or RB
Balance brought forward					0
Depreciaton charge foryear(-)					0
Revaluatons(x/-)					0
Disposals(-)					0
Transfers*(x/-)					0
Balance carried forwards	0	0	0	0	0
Net book value
Brought forward	355,309	-	1,336,242	-	1,691,551
Carried forward	355,309	-	1,336,242	-	1,691,551

Lincoln Circuit

12. Investments

The funds that support the Circuit Model Trust Fund are held by TMCP in Trustees Interest Funds on which interest is credited to the accounts each month.

TMCP is the legal owner and Custodian Trustee of all Methodist Trust Property, including Legacies, Endowments and Accumulated Funds. Trust property is held for and on behalf of local Managing Trustees who are responsible for the day to day management of trust property. TMCP ensure that, through providing guidance and acting under their direction, the Managing Trustees comply with charity law and Methodist law and policy as determined by the Methodist Conference.

	This year £ 8,330 8,330 £ 8,315 15 8,330 £ 0 116,661 116,661 0	Last Year £
Investments listed on a recognised Stock Exchange
Investments held in common investment funds,	8,330	8,330
Securites not listed on a recognised Stock Exchange
Other investments
Total	8,330	8,330
Change in investment values		£
Carrying (market)value at beginningofyear	8,315	8,315
Add:additons to investments at cost
Less:disposals at carryingvalue
Netgain/(loss)on revaluaton	15	15
Carrying (market)value at end ofyear	8,330	8,330
13. Analysis of current assets Debtors and prepayments Pre paid assessments Accrued income Other debtors Total debtors and prepayments Analysis of cash at bank Bank balance held in Lloyds Bank Plc Total Cash and Bank 14. Analysis of current liabilites and long term creditors Trade Creditors Other Creditors Total Current Liabilites		£
		0
		147,350
		147,350
		79,988
	0	79,988

15. Capital Commitments and Contingent Liabilities

At 31st August 2025 the Circuit has no capital commitments (2024:Nil).

No Contingent liabilities were identified at 31st August 2025 (2024: None).

16. Loans

A loan was made from the Circuit Model Trust Fund to Central Methodist Church to facilitate urgent repairs to both church towers. No date for repayment has been agreed. The Loan outstanding at 31st August 2024 was £53,651 (2023: £53,651) A loan was made to Nettleham Methodist Church for completion of refurbishment, repayable at £4k pa. No repayment was rteceived in the year. The balance owing

at 31st August 2025 was £89,14312023.. £69,143)

Lincoln Circuit

17. Detailed analysis of individual fund movements Unrestricted Funds

Year ended 31st August 2025

Fund Name		Opening Balance	Income	Expenditure	Expenditure	Transfers	Closing Balance	Purpose of the fund	Purpose of the fund	Purpose of the fund	Purpose of the fund	Purpose of the fund
		£	£	£		£	£
Designated Funds
Transiton Reserve		150,000		20,700			129,300	To helpchurc	hespaytheir	assessmen	t
EquipingMission Fund		50,000	0	2,880		0	47,120	To serve the	needs of the	Circuit in Mi	ssion & Out	reach
Buildingfor Mission		40,000	0	7,104		0	32,896	To serve the	needs of the	Circuit in Mi	ssion & Out	reach
Investngin Mission		10,000	0	0		0	10,000	To serve the	needs of the	Circuit and C	hurch Build	ings(contn
Local Preachers Fund		8,090	386	26		0	8,450
Totals		258,090	386	30,710		0	227,766
Restricted Funds
Burton Road Bequest		18,469	875	12,394		0	6,950	Bequest for u	se at Burton	Road Metho	dist Church
God Pod		1,831	240	1,440		0	631	God Pod Bus	Ministry
CAP			0	3,500			(3,500)	Grant
Totals		20,300	1,115	17,334		0	4,081
Endowment Name		How the capital is invested				Current value of capital		Annual income		What the in	come was	used for
						£		£
	Totals					0		0

The reasons for the transfers between funds were as follows: See above re BBH Pioneer

Lincoln Circuit

17. Detailed analysis of individual fund movements Unrestricted Funds

Year ended 31st August 2024

Fund Name		Opening Balance	Income	Expenditure	Expenditure	Transfers	Closing Balance	Purpose of the fund	Purpose of the fund	Purpose of the fund	Purpose of the fund	Purpose of the fund
		£	£	£		£	£
Designated Funds
Mission Fund		50,138					50,138	To serve the	needs of the	Circuit in Mi	ssion & Out	reach
Mission Grants		44,653					44,653	To serve the	needs of the	Circuit in Mi	ssion & Out	reach
EmergencyPropertyFund		84,502					84,502	To serve the	needs of the	Circuit and C	hurch Build	ings(contn
Local Preachers Fund		7,478					7,478	To serve the	needs of the	Circuit in Mi	ssion & Out	reach
Totals		186,770	0	0		0	186,770
Restricted Funds
Burton Road		0					0	Message Trus	t - ceased 31	.8.22
God Pod		2,676					2,676	God Pod Bus	Ministry
BBH Pioneer							0	Grant awarde	d 2022paya	ble over 5y	ears
Totals		2,676	0	0		0	2,676
Endowment Name		How the capital is invested				Current value of capital		Annual income		What the in	come was	used for
						£		£
	Totals					0		0

The reasons for the transfers between funds were as follows: Grant from Property Fund returned to General Funds

Lincoln Circuit DECLARATIONS

Treasurer

I confirm that these accrual based accounts for the year ended 31 August 2024 have been prepared from the records of the Circuit and that they include all funds under the control of the Circuit Meeting

Signature of Treasurer Date 24-Mar-25 Name Alan Measures Address 13 Bridge Place, Saxilby, Lincoln LN1 2QA

Presentation to the Circuit Meeting for approval.

I confirm that the annual report and accounts for the year ended 31 August 2024 were presented to the Circuit Trustees at their meeting on

and were approved. Signature of the Chair of the meeting Name of the Chair of the meeting Revd Richard Mottershead Date _______________

Independent Examiner’s Report to the Trustees of the

Lincoln Circuit

Responsibilities and basis of Report

I report to the trustees on my examination of the accounts of the Lincoln Circuit for the year ended 31 August 2024. As the Circuit’s trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Circuit’s 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 Commission under section 145(5)(b) of the Act.

Lincoln Circuit

Basis of Independent Examiner’s Report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below.

Independent Examiner’s Statement

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 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 concerning 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 fair’ view, which is not a matter considered as part of an independent examination; or

the trustees’ annual report is not consistent with the accounts

I have no concerns and have come across no other matters in connection 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 have/have 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 at the balance sheet date.

* Please delete as appropriate

Name Signature	Keith May

Relevant Professional qualification or body

Address

Date

GUIDANCE NOTES

There is an exemplar within the guidance notes produced by The South Bedfordshire Methodist Circuit.

All the items included in the notes to the accounts for this Circuit may not be applicable to your Circuit. Please choose those that are applicable to yo your notes to the accounts.

Important note:

Comparatives for the summary of assets and liabilities of each category of fund of the charity and for the detail in the movements in material individ Therefore notes BS10 and BS11 need to be reproduced to cover the previous year (2015-2016).

)u and produce lual funds.

GUIDANCE NOTES

Please see sparate document 'suggested framework for Circuit annual report'. This shows examples of items to include in the annual report. Use this as guidance to write the annual report.

To be completed by Circuits with total income and endowments of more than £500,000

Name of Circuit	Circuit No
Cash fow statement for the year ended 31 August 2018
		2018		2017
Statement of cash fows	Note	£		£
Cash from operatng actvites
Net cash used in operatngactvites			0		0
Cash fows from investng actvites
Dividends,interest and rents from investments
Proceeds from the sale of property,plant and equipment
Purchase of property,plant and equipment
Purchase of intangible assets
Proceeds from the sale of investments
Purchase of investments
Other
Net cash provided by investng actvites			0		0
Cash fows from fnancing actvites
New borrowing
Repayments of borrowing
Net cash used in fnancing actvites			0		0
Change in cash and cash equivalents in the reportng period			0
Cash and cash equivalents at the beginning of the reportng period			0
Cash and cash equivalents at the end of the reportng period			0		0
		2017		2016
Reconciliaton of net income to net cash fow from operatng actvites		£		£
Net income for the reportng period ( as per statement of fnancial actvites)
Adjustments for:
Depreciaton and amortsaton charges
Proft on the sale of fxed assets
Loss on the sale of fxed assets
Gains on investments
Dividends, interest and rents from investments
Decrease/(increase) in stocks
(increase)/decrease in debtors
increase/(decrease) in creditors
Net cash used in operatng actvites			0		0
		2017		2016
Analysis of cash and cash equivalent		£		£
Cash in hand

Short term deposit (less than 3 months) Total cash and cash equivalents

0

0

Circuit Accruals Accounts 2024-25 THE METHODIST CHURCH REPORT AND ACCOUNTS (ACCRUALS BASIS) for the year ended 31 August 2025 LINCOLN Circuit Rogl•tsrod Ch•rlty- R6gi*tr4tion nurn￿r 1134886 Lincolnshire Clrcult No 1712 Mln18ter8 Revd Richard Mottershead Fievd Canon Alan Robson Revd Margaret Doughty Rovd Jgnnifer Matthews Revd Juliet Wriggl&sworth Deacon Helen Garclner Circult 8toward8 Mr Richard Wills Miss Èleanor Down Miss Sheila uownte Mr Alan Measures Clrcult Trga8urer Mr Alan Measures

Name of c1￿urt Uncoln Circuit No 1712 Statomont of Financial Activities (SOFA) for the yoar ondad 31 August 2025 Clrcutt Mod•l D•Blgnatod th• G•n•r•l Fund Truit Fund• a￿Ounts IUnr•8trictedl Iunwtrictsd) (unrestrIct￿l FunJJ Funds 2025 Income 1 tl)nati0ft8 and 8d88 2 Ino)me from monetsry inv•81m• 3 IThxme trom Investment Pfopen 4 Assessments ￿ Churche5 3 Capital R￿￿p1S e OFanb recei¥ed 7 Other chan1a￿e inc¥Jme 8 Tot•1 Incom• 240 875 3.8 8,840 358,489 27.882 32,832 318A89 240,382 371.218 268.064 640.783 Expondlturo 9 Grentg Bnd d¢￿￿10r 10 SaL￿￿3 and as30cw￿ 11 Pror￿ mBinlenar 12 Cl￿neMb)n asse58ment & s 13 Dist￿1 Agstssment & Trust I 14 DoprecLgtion 15 Olfte expenses 16 Oth•r out9￿ng6 17 Total charftabh •xp•ndltsJf• 18 GawWIIo$8081 on mongtsry Inv•otm6n 19 GainEJllo&8esl on Investrn￿ prwrts 20 N•t IncornWltrxppndltur•) 21 Transfefs fund8 22 Other 9ain8111088e81 23 Nèt mov•m•nt In lund• 24 TniAI fund4 brnught forward 25 Total funds carrled forward 17,274 47,958 212,424 2,011 f 39,753 48.087 10 212.424 2.812 87.800 18.400 72,153 2g,887 2S,782 29,694 356.713 26.868 31,359 808.242 1,605 103,484 15 30.710 17.334 14,606 1204,g941 114,594 130,324} 201.494 116,219) 132.S57 190,4861 1.601,830 1,411.142 164.694 512.226 676.820 171.169 156.597 327.766 112.7191 20 299 132.667 2 290.751 0 2A23.308

Name ol Clrcuil Lln¢oln Clrcult No 1712 Balance Sheet as at 31 August 2025 G•n•r•l FunJ Iunrestrlctedl ¢lt¢ull mo￿1 Trnstj gna Fundi R••tri¢t•d Funds EndowTh•m Fundj Totsh 2024 irouit Prop•rb' Inveslment PrO￿rI Invesiments 1,461,661 1,4SI,£61 12 8,330 8.330 8,330 1A59,881 Tor41flx•d4￿l$ 1,451,551 13 15.741 123,794 Loons ty th• cl￿(£ Trustee Investmenl Fund at TMCP Cetstral FID?nG¢ Board Deposit5 Cash at Bank and In hand 122,794 683.889 138.213 116.861 1,077Jg8 008,4 8,450 190.01e 129.3 327,786 8,950 1,803 -13,270 73M2 13 631 168,490 Curr•nl Il•blllU•• Crgdltors (due In Under 1 yearl Grants payable ¥ithin 2023-24 rol•l eurr•ntll•bllld• N•t¢urr•nt as••tsrti•biith 14 113,871 113.871 113M71 96JN27 JA90 327.786 7.580 Total•sMl¥ 108$ cunwrtiibllltlo0 IAII.142 676020 327,788 2N23JOO Long term Ilabllltles due after rnore than on• Y￿rI Grants payable 8fter 2023.24 lo the C*rcuit N•t asmts 1.411.142 678.820 327.768 7,680 2.423.308 Fund• of thg Clrcull General Fund {Unrestn'￿edl GIIcuii ML¥Jd TTUSI Funo (Unie61riBted? 1.411.142 676,820 327,1È6 1,IJV4,58 2.415,720 Re81rfcted Funds FutKJs 7,580 TotsJFuJ 1.411.142 75J2D 327.766 2.4Z3.308 Slgn Circuit Treasurer

Notes to the Accounts Uncoln Clrcult 8asl$ ot accoyntln8 The fin81￿5¥1 statements have been prep8TeO under the Charities A¢1 2011 in aW?rdaTr￿ with the 2014 version of Accounting and Reporting by Charities: Statementof Re¢oTnrnended Pr•rtl¢e150RPI applluble to ch•rities pre￿￿￿¥ their accounts l• accordance wlth the Hnanclal ReportlTr8 Standard f¢f Smaller Ent￿1% appllcable in the UK leffective from I JaTru•ry Z0151-the Ch•rltles 50RP IFR5SEI- In repl•cemeni for th¢ 50RP's 2CQ5 ￿￿)19￿ IPcC[r￿ in Fts rtknted 2Th AeKulation5 and in accordance withthe'tnje and fair o¥erride' provision contsined therein. Funds The fvnds held include General Funds held fLW arry p￿rpoSe of Orcurt whlch are Unrestrtrted. the Clr¢uk Mc&1 Trust Fur￿ which haswide purposes dfinèd in Standingorders •nd Isutegorlsed 8$ Vnrestricted, DeS￿nated Fundswhich have been set asjde for partlcular purpose5 but are 5tlll Vnrestritted, Restritted fvnds whlch are held for a narrower PUTP05e and are listed in the fin•l t4ote beltxv and Endowrnent lunds whith are also Ilsted In that Note. Any fvrbds may be represented by more than just cash. A¢¢ountln8 pollcle$ sis Th¢se a¢¢ounts have been prepared on the bgsts of hlstorical cort, except that Iiive5tments are shown attheir m¥rkeiv•lue t the end of the ye4r, on the 8¢cru•ts ￿$$5 to show • true ènd lalr vlew olthe CIrcu￿$ flrtanclal posltlon and a(tfvltle5. ncome Recognltlon Inrome 15 inrludEd in the StatemEnt of Financial Activf(ies ISOFAI when the Circuit becornes entrtlvd to the re50urtes, and the trvstee5?re reasonabty certaln thEy VAII recelve the rE50yr￿. an¢J the monetsry valuE be rneisured v41th sufficient Resources Expended This 15 iecg¥nised when a I¥•￿11ty i5incurr¢d, ora wn5trurtiw obliytion 1ri5•5, that r•5uIts in the paym•rt bein¥ ovoldable. tiablllllE5 are rt(08n15ed as soon a5 an outflLW of economlc benefft Iscon51dered more Ilety ihan not under tho le&•1 orconstru(Ilve obliAation committinKthe Circuitto pay out resource5. Grants Grants made by the Cirtuh from its own funds are rec¢ydnised in full at the time of agreement or when the Cifcuit accepts that there Is a legal oroperatlonal oblwtlon to make the payment. When the grant is recurrent over more than one year tht balancè payable in fvtyre year5 15 treated as a provision for future commitmerrts iTrlhe 8alIn￿ Sheet ¥in5t thè appropriale luftd, the p1cw1si￿ beSn8 iele•sed In future years as instalments are pald In a¢cord•nce wTrth the ￿l81n?￿Y agreed terms. VAT Sinte thÈ Clrtuit is nrtVAT rÈ8irtefed. all InputVAT ts charged the expense to whlch tt refers. Tangible flxed assets for uw by the Clrcult T￿se ¥re caplt•ltsed Ifthelr antKipated reli•ble IWe Is more than one year, tnd Indlvldyallycost at least £2PXJ- Tht freehold propertie5 are stth¥n In the accourrt5 at 2015 deemed values or Jt C05t if purchased after 2015, 01 whKh the land eornpoThaht in th• rt+hN Tri1¢t$￿ it siin.¥Jq. No dgnrerlatloTr 15 Drovlded on anv of the bulldinRS because the tryste¢s consider theii Current residual laIr￿lue lon the assumptlon that they had reached the end of thelr usefvl economK lives by the year4ndl io be not It55 than rts currert value. Any depreciation would not be materlal. The properties have been re¥lewed forlmplrment. Investment Propertles The surplus property, a manx. wht(h was rented to provide income has ntN been SG4d. In¥eJtments InvestmeTrlsare valued In the bal3llc• sheet at m¥rket value ot the year end. Investment Income15 Included in the a¢¢¢xJnts when receivable and anyylnsor10sXS on revaluaiion atthe￿aT end are shown SOFA. Debtors and Prepayments Debtors relatr tothe poyment of the Septembershpends In Aug￿t, a cost paid in adv•nce olthe seNce to be recefved. Crndltors Cr•dltorg r•lJtO Tothe roeelptof Money for Church A55e55ments lor september. Impart of Accourtlng Cha￿eS There are no kcountlng changes

Un¢oln Circuit ctrtult Unrostrktod Model DeslRnat•d R•strfLtyI Endowm•nt TNst Fund Totsl 4. DoYKtlons and Lqacl• Yearto 31rt Auyt 1015 Doftations Le8acles 240 240 240 Vurt• Jl•tAW 2024 Donatlons Leeacles 315 lè35 315 2J S. InVestn￿nt Income Yurio 311t Ausiim 1015 Central Finan¢e Board TMCP 3,890 27,682 380 Othcr T¢)tal Yurto 318t AuBurt 2024 Céntral Finaneè Board TMCP Other 3WII Z7,612 31.957 3,260 3360 34AOi 24,014 9,971 Totsl 3.26L> 14.014 a16 9.971 a7MI 6. Caplthl R•c•ipts Thlsye•r Larty••r Stlé of Pfoperty- Surplus Manses Netof pur¢hase c05t 240,381 38,426 240,381 38,426 7. 1Xherc￿f1E•bI• Donations Other 8. Paymentto TrJst¢eg With the exception of Stlpends pald to mlnisteTS, no piyrnents were madetotrustees addbtlonal s•rwc¢s provided toth• Cirtvit by •Èroement with the Circuit Meetin8 Thls y••r Number of trustees who were pald expenses Nature of ttte expenses ExpEfbSe ￿YMellts prirnarily rele to ￿1Mbur$ement for travel Costs Totol Poid 10.26 7,704 9. Fees f•tex•MlnallM oravdll ofthe a¢<ourts Irthwndent 4xamin•rfg or audrtorg. l••$ f￿ r•portitVA on the accounts 120 120 Otherfees leg: ad¥ice. accountarKY 5eFvice51 paid to the Ind¢gend¢nl tR6mineror audit 10 Pald employee5 Ilrxludlry Mln55tersl Staff rosts pald durhw the yearwere: fjross wa8ts, salaritis 4t￿ beTrefit5 in kind Empltyef s N¥tion•l Insufancè Costs Pension Costs Total Staff Costs 151.423 27.300 15.-597 194.319 158.792 35.108 207.Z35 Abr38e numberostsff employed durln8the year were

Llncoln Clrcuit 11. Tanglble Flxed Assets Cost or valuation Year to 31st August 2025 Othar bullldngs Total Resldonttal Land Othqr Land Mans•s Balance brought forward Additions 355,309 1.336,242 1,691,551 Revaluations {/-) Disposals l-l I ransfers'lxl_l Balance carried forward 45,000 -195,000 .240,1M) 310,309 1,141,242 1,451,551 Accumulat•d d•prnciatlon Basls ** Rate SLorRB 5LorRB Balance brought forward Depreciation charge for yearl-l Revaluations Ixl_l Disp05als l-l Tr)nsfor¥ Ixl.) Balance carried forwards Net book value 8rought forward Carried forward 355,309 310,309 1.336,242 1,141,242 1,691,551 1,451,551 Cost or valuation Year to 31st August 2024 Other bullldngs T¢xal Resldentlal Land Other Land Manse5 Balance brought forward Additions 355,309 1,336,242 1,691,551 RevaluatSons ll_I Disposals l_l Transfers'lx/_) Balance carried forward Accumulated depredatlon 8•sjs • Rate 355.309 1,336,242 1,691,551 SLorA SLorRB Balance brought forward Depreciation charge for yearl-l Revaluations Ixl.) Disposals l-l Transfers. Ixl_l Balance carried torwards Net Imik value Brou8ht forward Carried forward 355.309 355,309 1.336.242 1,336,242 1.691.551 1,691,551

Lincoln Clrcuit 12. IrtTnStrMIIts The funds th3t support the CSrcuit Model Trust Fund are held by TMCP in Trustees Intgrp<t FiJnrtE nn whi¢.h Intgrpot is crgdited to tho accounts each month. TMCP Is the legal owner and Cu5tgdian Trustee of all Methodist Trust Property, IndudinB L4ga¢iqs, Endowm•nts and Accumulat•d Funde Triirt prnp•rty 1¢ h•lrt ft)r Intl on bph31f of local Mana8in8 Trustees who are responslble for the dayto day mana8ement of trust property. TMCP ensure that. through providin8 guidance and acting under their dirèrtion. the Managing Trustees wmply wlth charity law and Methodlst law and policy as detem)ined by the Methodist Conference. Thls year Lax Year Investments listed on a recognised Stock Exchange Investments held in common investment futtds, Securiiies not listed on a reco%ni5ed Stock Exchan Other investments 8.330 8,330 Total 8,330 8,330 Change lfft In¥estment values Carrying Imarketl value at beginning of year Add: addition5 to investments at C05t Less: d1sposals at carrying value Net gainlllossl on maluation Carrylng Imarkerl v31ue at end of year 8.31S 8.315 15 15 8.330 8.330 13. Analysls of Current assets Debtors and prepaymeFrts Pre paid assessments Accrued income Othpr dgbtor 15,741 15.741 Total Itebtors and prepayments Analysk ol cash at bank Bank balance held in Lloyds Bank PIC 116,661 147,350 T•t•l C••h •nd 8•nk IIG.GcI 147.350 14. ATr•lysl¥ gf wrrtnt Il•bllltlesand Ions term uedltvrs Trade Creditors Other Creditors Total Current Llabllltles 113,872 79.988 113,872 79,988 IS. Capftal Commltrnents and Contln8ent Llablllties At 31st August 2025 the Circuit has no c8pit61 commitments12034..Nill. Mo Contln8ent Ilab115tles were identifieil at 315t Au8USt 202i12024.. None). l& Loans A loan was made from the Circuit Model Trust Fund to Central Methodist Church 10 faLlllidiE ur¥eni rgpdlrs IV txjili iliuiili iuwyrs. Nv dile fui r￿pdY1T1ElIl lids agreed. The Loan outstanding at 31st August 2025 was £53,65112024= £53,651) A loan was made to Nettlehom Methodist Church for completion of refurbishment, i¢pdy4lJle 41 £4k Vd. £20,000 I¢Lelv¥d Iii ili¥ yedl, The b&lanL¥ owlng at 315t August 2025 was £69,14312024: £89,143)

1. Detailed anJI￿S of Indlvldual fuhd movernnts Lknrestrfrtèd Funds Lknrestrltted Fund Mame Year ended 31st Auwst 2025 Openlng alance Income Expendlture Transfe¥s Clothg 8alamte Purpose of the fimd GeTheral odel Tru>t Deslgnated 1,601.400 512,226 156,597 2.270.223 371,219 355,291 29,667 1,6L7,328 482,559 156.983 2,256,870 Day to day income and expernditure To serve the needs of the Circuit in Mi55ion & Outreach Isee Belo￿) 386 Totals Designatel ar￿ Restrlcted Funds Fund Narne Openlng Baknce 371,605 384,958 Income Ewnditu Transfers C105inK Balarce Pwpose of the fund Deslinel Funds Transition Fleserve E9uiping N is5ion Fund Building ftT Mission Investing IA MissiDn Local Preachers Fu￿& 150.(KX) 20,7CKI 2,880 7,ID4 129.300 47.120 32.896 io.(Mx) 8,450 227.766 Tcty help thvrches pay their assessment To serve the needs of the Circuit in M,'ssion & Outreach To serve the needs of the Circuit in Mission & OutrEach To seThe the needs of the CirC￿lt and Church BLJilding5 Icontin8enLyl 10,0 8,090 258, 386 26 Totals 386 30.710 Restrfrted Funds Burton Road Bequest Go)d Pod CAP 18,469 1,831 875 240 12,394 1,440 3,500 17,334 6.950 631 13,500) 4,081 Bequest for use at Burton Road Methodist Church God Pcrfj Bus Ministry Granl Totals 20,3 I,L15 Endowrne•t Naffle How the cap5ts1 rs In¥￿ted Current value of cawal Annual Ibxome What the in¢orne ns used for Totals The reasors foi thetransfen between funds *re as fdlows.. See above re BBH Pioneer

Llncoln Clrcult 17. Detalled analysls of IndI￿dual fvnd movements Unrestrlrted Funds Unreslrlrted Fund Narne Ye•r ended 31st Augurt 2025 Opening Balance Inc￿Tre Expendknre Transfers Closln8 Balan¢t Purpose of the fund Geneial Nodel Tfllst Oesignated 1,601,630 512,226 L56,597 2,270,453 371,219 268,079 386 35&713 103,484 30,710 49Q907 1204,994) 1,411.142 676,821 327,767 2,415,730 Day to day income and expenditure o serve the needs of the Circuit in Mission & Outreach {See Below) 201,491 13,500) Totals Desl8nated and Restrlcted Funds Fund Name Openln8 Baknce 639,684 Income Expendltyre Translers Closlnq Balance Purpose ol tho fvnd Deslgnaled Funds operati￿ ReseNe Transltion Reserve Equiping Mission Fund Building for Mission I nvesting in Mission Local Preachers Fwnd 50,138 38,166 49,862 111,834 50,OQtJ 40,OQtI 150,202) Iw,c 129,3 o help churches pay their assessment 47,120 To serve ihe neets of the Circuit in Mission & Outreach 32,896 To serve ihe neees of the Circuit in Mission & Outreach iO,CMX) To serve the neecs of the Circuit Church Buildings Icontingencyl 8,450 327,766 2Q700 1880 7, 104 60,202 8,090 L56,596 386 26 Totals 386 30,710 201,491 Restrlrted Funds Burton Road Bequest God Pod CAP 18,469 1.831 875 12,394 L440 3500 17,334 6,950 Bequest for use at Burton Road Methodist Church 631 God Pod Bus Minstry Grant 240 3,51fJ 3,5( Totals 20,3CK) 1,115 7,581 ndowment Nary HDW the capltal Is Invested Current Ydlue of ¢•pltal Anftual Income What th* Incomewas used for Totals The reasons for the transfers between funds were as folows: See alx)¥e re B8H Pioneer

Lincoln Circuit DECLARATIONS Troa8uror I confiryn that Ihese accru81 b88ed a¢counts for the ye8r ended 31 August 2024 have baen prepared from th8 records of the Circurt and that they include all fiJnds under the control of the Circurt Meeting. SwJnature of TrèA#uror Name Alan Me8$ure8 Addre 13 Bridge Place, Saxilby, Lincoln LN1 2QA Pro￿ntatIon to th• Cireuit M•oting for approv•l. I confimi that the annual report and awnunts for th@ yoar @nded 31 Auguqt 2024 w•r• presented to the Cireurt Trugte88 al their meetin9 on and werè approved. StrJnaturo of the Chair of the moeting Nam8 of the Chair of the m•eting Rwd Richard Mottornhead ID.L.L Indepgndent Examinefs Roport to the Trustee8 of the Lincoln Circuit R••pon•lbllltlM and ba81• of Report I roport to the tru8tee8 on my examination of the accounts of the Lincoln Circuf( for the year errfjed 31 August 2024. As the Circuit's trustees. you are responsible for the preparation of the accounts in acrA)rdanc£ wth the requirements of the Chaiitie8 AGi 2011 ('the AGt'I. I report in respect of my examination of the Circutt's accounts carried out uncler section 145 of the Act and, in carying out my examination, I have followed all the applicabl8 Directions giv8n by tho Charity Commissron under 88ction 145{5)(bl of thg A¢t.

Lincoln Circuit Ba•18 of Ind•p•nd•nt Examln•r'8 Report P¥ty examination was earned out in accordanek wilh the gene￿1 Direcllons given by the Charity Commission. An examinatson includes a review of the accounting records kept by tho charity and a comp8ri80n of the accounts presented wth Ihose records. It a180 Includ88 N)nsideration of any unusual rtems or disclosur88 in the accounts, and seeking explanations from you as Trust888 conceming any su¢h matters. The proceduie8 undertaken do not provlde 811 Ihe evidence that would be requirwj in an audit and consequenty no opinion 1$ given as to whethèr the accounts pre8em a Irue ana fair vw 8nd the report 1$ limited to tho88 matters sel out in the stAtomw)t b&low. Indop•nd•nt Examiner's Ststsm•nt I hav6 oompkl¢d my cxaminalitpn. l Gonfiiffl ¢liat liv IT141￿￿131 have come to my atten in connect+Dn witti the examination { believe that in, any material resp8¢t". ) wh￿h gi￿ me ¢ause to accounting records woro not kept in accordanee ¥￿th $8¢tion 130 of the Actr, or th8 accounts do not accord with the accounth'ng record8', or thg account8 do not eompty vthh the applicablo wuirem•Jn15 Con￿rnIng th8 forrn and contsnt of accounts set oul in the Chantigs (Accounts and Reports) Regulations 2008 other than any requirement th* the accounts give a .tn￿ and fai¢ view. whith is not o matter con$thred a$ part of an indeperxlenl ex8mination.' or the trustees, annual report 18 not conststent wlth the a¢Munts I have no concems and have come across no other matters in c4)nne¢tion with the examination to which attention should be drawn in this report in ofdor to enable a prop8r undetslanding of the accounts to be reached. I14￿have nol" Obtain￿ independent verfication of all investments with ts Truste8s for Methodist Church PurDoses or held in other Iiusts. bank balance3 and funds at the Central Finance Board of the Metht)dist Church at the balance 8heat date. . Please delete as appmpri8te Name Kerth May Signature Relèvant Prof098ional qu8lrfi¢ation or body Addru• oa5S

GUIDANCE NOTES There Is an exemplar ￿￿thIn the guidaTh* notes produced by The South Bedfor&hlre Methodlst Clrcuit. All the items induded In the notes to accounts for th15 tircult may Mt be aH>licable to your arcult. Hease choose those that are apFlicable your notes to the accownts. Important note: Comparatives for the simmary of assets and liabilitles of each 13tegory of fund Df the ctharfty and for the detail in the movements in malellal I Therefore notes BSIO and BS11 need to be reprodU￿d to cover the previous year (2015-2016).

to you and prtxluce Ihldual funds.

GUIDANCE NOTES Please see sparate documert'SUg8erted framework for Clrcult annual report.. This shows examples of Items to In¢lLKle in the annual reporL Use this as £uldance to wrlte the annual report.