CIRCUIT RECEIPTS AND PAYMENTS ACCOUNTS THE METHODIST CHURCH STANDARD FORM OF ACCOUNTS WEST DURHAM CIRCUIT FOR THE YEAR ENDED 31 August 2024 Cirruit no 12 1134893
Independent Examlnorfs Report to the TrustO85 of the Wost Dutham Clrcult 13112 Charlty Numb•r 1134893 R•sponslbllltkn and basis of r•port I rew)rt to the trustees C my examination of the accounts of the West Durham Clrcurt for Ihe year ended 31 August 2024. As the c1ral$ tNstees. Y are responsible for the preparaticml of the accounts in acc(Ydance wlth the requirements of the Ch8nties Act 2011 ('the Act.). I report in SPect of my examination of the Clrcuifs accounts carried fxjt under sectK)n 145 of the Act and, in carrying out my examination, I have followed all the applicable Directions gven by the Charity ¢[nisS)n under SeCtn 145(5Xb> of the Act. Independont Examln•rfs Statement I have completed my examinati(. I confirm that no matsrial mattw3 have come to my attention in connaclion with the examlnatK)n (other than that disdosed bek)vf) which give me c8use to believe that In. any material rOSpt.. the 8C(x)untlng records were not kept in 81xx)rd8nce section 130 of the ACL" (x the accounts do rK)t a(xx)rd with the accounling records; or the accounts do not MPty wth the applicable requirements u)nc1rJ the fcym and ntent of accounts set out in the Charities (Accounts and ReFK)rts) Rogulations 2(X)8 other than any requirement that the ants give 8 Irue and fairf view. whith Is not a matter considered as P8rt of an independent examination the trustees, anrKJal roport is not consistent with Ihe I have no concerns and hav8 come across no cthr matters in conned1( wFth the examinatK)n to which attenti1 S)uld be drawn in this rep in order to enable a proper understsnding of the I have nor obt8ined indeperent verification of all investments with the Trustees for Methodist Church Purposes or held in other trusts, bank balar)ces armj funds at the Central Finance Board of MetfrM)diSt Church vthi(* are individually in excess of £10,0(K) (ten tIv)u8ar)d pounds) at the balance sh8et date. Signature of indep8nd8nt examiner Name of irKJep8rnt examlner. Audrey Dinning Rolevant Fxofessional qualfficatN)n of iThJowMJent examiner. Retired Post Mistress Address: 19 Lambton Dn've. Bishop Auckla1, Co Dutham. DL14 6LG Date: 10kn January 2025
West Durtrn Clrojit 13112 Declarations and Scrutiny I confinn that these accxuals-based accnts for the year to 31 August 2024 have been prepared from the rwds of the Qrcuit and that they Include all fuNls under the control of the CiroJit rrwtsng. Slgnature of Treasurer ...... Dats 8th January 2025 Name and address of treasurer. Pamela Harper, 44 Mayfields. sPnymO. Co Crtrn. DL16 6RW Presentatlon to the Clrcult ma1n9 I confirm that Ihe annual rep(xt and a{Xnts for the year ended 31 August 2024 werelwill ' be presented to the Circult meetlng held on". Marth 2025 Synature of the Ch"r of the meetlng: ............... Name of the Chair of the 1[J. Reverend Christopher Humble Dats Thursday 13° Marth 2025
Wal Durharn Methodiyjt c1•t tsandPa ments Aeeount Year End. 31 A t 2024 Recei ments 154,126.00 1230.(K) 28,896.(X) 1.230.00 78,989.36 6.372.59 1.815.40 42225.74 Connexional Funds cnex10al Funds Sti Allowances PreAching Tac( 12.IXK).00 i(w.00 Seed Corn Ciranl Tnsuran( leleplK>ne 2,559.76 1.771.08 10235.56 lJ98.71 576.00 127.42 698.115 82.50 1.681,03 755.58 10.925.60 205.70 762.02 52.907.83 1,560.00 3.07925 10,828.03 1633.00 510.(K) 581.20 2.813.28 270.1X) 2J29.20 2.045.76 Admin Postage al SwA(X Stationery Bible Month Prayer I landlS 24.99 34.60 10820 Prayer Handlxx)ks Printing (nel) SuPt Worker IlaTclays Rewards 16.48 Apweniice Levy Willington Staff Place to be Dionne Mccreedy Tangmere Wi I lingFI(m Staff Place to be Refund EON Grant 55,706.37 6.765.(M) 94.52 16.8(K). Page Ilank Wcardale Mi&sion 3Gc Gift 4.15 Frostcrlcy Breakfast Club 70.(M) rtIOn Gift 270.(X) Asbestas c1ck5 2J29.20 DWP l(M5.76 DWP Interest cfB GcnLYal 3.836.77 4 l77Jl 261639.35 271856.45
Barclays cllrrcDt account CFB General CFB reserve account 6,m.63 IOS099.41 79 749.41 191W2J.45 10 17.1 P*yme•ts over receipts Balance at 31M18r24 Barclays Current Aeeoullt Ixsj unprcqented eheques IYo.61M £13&9) No.606 £570J5 No.607 £481.20 - £1.190.05 Add £IO,(KKI from CTr B not yet ekared &264.4y7 7,074.92 £17,074.92 80,6V2.71 83 926.72 CTrll general CFB rc8erv¢ We2rd21e Mission £11.967. TMCP £100.74791
1Y12 Balance Sheet a8 at 31 August 2024 Fund* 'r 11.957 112.715 11A1.8 1•4.849 8.972 184.520 If075 104.529 17.075 l(q74• IOQ74• 11.9ri 294,M• 11,M7 13¥31• 1251,4•D aftor thln (the s ¥llw 2022.23 1.131. 11x1,748 11, 1244J1• 1261,4 1.131.fAII 1,1 J1.IY)4 lQ).748 1.141.a21 12Jl312 t1.7 13rf117 1110.741 1,244.31 Syneo Circurt Treasurer
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WEST DURHAM METHODIST CIRCUIT TRUSTEES ANNUAL REPORT CHARITY REGISTRATION NUMBER 1134893 FINANCIAL REVIEW 2023124 Mission Statement "Our mlsslon Th• W•s¢ Dutham Cirrul¢ thn>ugh our worshlp and nurturn. is to grow disciples by resOU1n9. &ffimiing, encouraging. $upp¢)rting and helplng God's p•oplo to walk in th• way of Jesus and sharn the love of God In our communilios." 2023124 Financial Review In support of the above MissKm S&ernent arKI in kne wrth the stated airm of the charity West Durham Circurt uts"lises ts fuThJs in accordance wrth its aims and purpose as *ll as integratiry those of the wider Methc<fjist Church The financial accounts for 2023r24 details all furKIG held arkd overseen by the Circurt MeetirKJ the membership of ¥thich consbtutes th8 managirvJ Trustees of the West t)urtwn Methodist Circuit Chanty. (unrestncted) furKJs which aro freely available to be used for any of th8 purposes of ts Circuit. Cxher rKIS are 8180 included for danty arKI openness aThJ to show that Circurt has a policy for the managerrtht of all rts resre88 not sinyty thc that are defined as reserves. The financial aims Charity are: (1) To secure atxj 3UStain the Circuif6 viatslty arKI fure (2) To give reassuran to the general wblic that the Circul which is charty, intends to use all of the rrw coming into rts re for Circuit Financlal Policy Esgenbalty prov¥Jes for. a) The ministerial oVersht aTrJ pastoral care of seven kKal churches in ts cIr{t b) The support of a ministry tean of two PreSbr mlnlsters. a Ploneer Deacon arid AdministratNelSafeguarding staff c) mnten of three Circuit Manses.
Financlal Management Circuit assessment 15 revievmd annual aThJ cover6 the annual costs induding costs of (a) to (c) above. future staffir¥J IBvels. The Circuit Fund (Unrestricted General Fund) UrKJer Standing or(lers tho Cirlt mLt its financial oblatKTh in relation to the support of rts ministers, ts Maintenan of manses arkl support of the DistriLt as well as me8ting af•s(Kiatj rovenue L¥ts. The total cost for ts financial year w8s £181,605. Our reserves pdicy durirKJ the year was to hold between &9 morrths expwwjiture and to ensure sufficient furvjs werg in harKI to furHI a Pioneer Deacon Post for 5 years from September 2023 to 31*1 August 2028. A £20.000 annual grant has been secured in support of this post. Manse inproveffMts uThJertaken during the year at Stantv)pe and Spennymwr for whith a 9rant of £16,8CKI vras received. The Circurt FurKI also faulitates payToII trankn for church based staff wrth chur(Jw traferrIng salary CL to th8 Cirpjit FurKI. Transfers totall8d £62.471 during 2023r24. Model Trust Fund (Restricted) The bala1 of the Model Tnffjt FuTrJ at the end of the year Vfds £1Co),748. This fund derives frcffi the sale of church buikjings manses and is restrthl by the Methodist Conference. This restrictm IB an intemal regulatKffi Ihwgh the fund can te used for 8 variety of purposes. Weardale Mission Fund (Restricted) The balance of this fund £11,>7 and is earmark ts missi Deslgnated Funds 2024125 The Charty Commission requires that Trusteeg get a pow tr the management of the Circuit Fur¥J6. The total funds ld at the erKI of year (August 2024) were £294,320 and have been earmarked as folky. Reserves FuThJ . £114,CA)) C(Yrtribution to Picw Deacon Post Reserves Fund . £20,Ch)O Annual Grant t(Avards Pioneer Dea(x>n Po8t Reserves Fund . £90.(XYO &9 Month Reven Cogts Gener81 Fund - £15.0(K) Manse Improveffents General Fund - £19,600 SafeguardirvJ Manager Post General Fund - £25,245 Church staff payroll Mission Fund -£11,967 Weardale {Restn(knl) Managing Trustoos West Durham Methodist Circuit