Trustees' Annual Report for the period 1st September 2021 to 31st August 2022
Charity Name: **North Norfolk Methodist Circuit** Charity Registration Number: **1134993**
Structure, governance, and management:
Governing document: Deed Of Union (1932) and Methodist Church Act (1976)
How charity is constituted: Act of Parliament
Trustee selection methods: Appointed by local churches and existing trustees.
Ministers are automatically trustees.
Additional Governance Issues:
Induction/training: Range of guidance produced by Methodist Connexion. Leaflet ‘The Role of a Trustee in The Methodist Church’ given to each trustee.
Structure: Part of the East Anglia District. Accountable to the Methodist Conference.
Related Parties: The Circuit is represented at District Synod by
- representatives from the list of trustees.
Risks: Considered by the Circuit Leadership Team who take professional advice as required. There is a regular review process. The Circuit has adopted the Connexional Safeguarding Policy and ensured it is rolled out to the churches.
## **Objectives and activities:**
Summary of the objects of the charity set out in its governing document: 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.
## **Summary of the main activities undertaken for the public benefit in relation to these objectives:**
The Circuit produces a quarterly preaching plan to ensure regular acts of worship take place at each of the Methodist Churches in its geographical area. These are open to all people, without charge.
The Circuit continues to provide weekly worship materials for use at home. This includes a weekly printed service, telephone worship and links to online worship both live streamed and recorded. The information is sent by email and included on the Circuit website. For those without internet connection the service is sent by post. Regular pastoral letters of support are also shared.
We confirm the trustees have had regard to the Charity Commission’s guidance on public benefit.
## **Additional details of objectives and activities:**
Policy on grant-making: Besides its general funds the Circuit has a Model Trust Fund which derives from sales of chapels and/or manses that are no longer required and is restricted by the Conference. This restriction is an internal regulation though the fund can be used for a variety of purposes. The Circuit leadership team has drawn up a set of ground rules, which have been accepted by the Circuit Meeting, to ensure grants made from the Circuit Model Trust Fund are used effectively for mission and capital works. Circuit policy permits individual churches to apply for grants of up to 20% of the cost of improvements or major repairs. In addition the Circuit leadership team also considers funding missional projects in the churches throughout the Circuit.
## **Achievements and performance:**
Summary of the main achievements of the charity during the year:
a) Circuit Safeguarding Policy Document – This is reviewed annually (at the March Circuit Meeting) and updated as required to reflect current legislation and the activities of the Circuit.
b) The Circuit Safeguarding Officer ensures that people in all churches receive the relevant safeguarding training for their role and training sessions are held on a regular basis.
c) The Circuit continues to grow its work among the homeless, impoverished, and lonely. Support is offered through Community Cafes in several of the churches in the Circuit.
d) We continue to seek new ways to relate the Christian faith to modern family life through All Age Worship in some churches.
e) The Circuit acts as an umbrella organisation for the work of the Methodist Church in North Norfolk. It provides financial and property resources for the ministerial team and fees to retired ministers for church services that they continue to undertake.
f) The Circuit continues to fund Lay Employees who promote the work of the Methodist Church in North Norfolk.
g) Grants continue to be made to churches in respect of approved repair and investment works that they wish to undertake.
h) The aims of the Methodist Church have been reinforced and will continue to underpin all that we do to promote the work of the Circuit as a charitable body concerned for the needs of others.
## **Financial Review:**
The Reserves Policy for the North Norfolk Circuit is to hold a sum equivalent to 3 months' average expenditure. This should be sufficient to meet any unforeseen item of major expenditure on manses and/or be able to continue, in the short term, funding planned activities in the event of the closure of a large church or an inability to raise the full Circuit Assessment from churches. It is necessary to hold sufficient working capital to enable the monthly payment of stipends and business expenses for ministers and salaries for the part time Lay Employees plus contributions to the District. There are no funds materially in deficit.
The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees.
## Signature _Colin C Telfer_
Full name Colin Campbell Telfer Position: Chair of Trustees Date: 21 June 2023
Name of Circuit
Circuit No 14/13
## **North Norfolk Methodist Circuit**
## **Statement of Financial Activities (SOFA) for the year ended 31 August 2022**
|**Notes to**
**the**
**accounts**
**Income**
1 Donations and legacies
2 Income from monetary investments
3 Income from investment properties
1
4 Assessments on Churches
5 Capital Receipts
6 Grants received
7 Other charitable income
1
8**Total income**
**Expenditure**
9 Grants and donations
5
10 Salaries and associated costs
2
11 Property maintenance
3
12 Connexional assessment & model trust levy
13 District Assessment & Levy
14 Depreciation
15 Office expenses
4
16 Other outgoings
6
17**Total charitable expenditure**
18 Gains/(losses) on monetary investments
19 Gains/(losses) on investment properties
20**Net income/(expenditure)**
21 Transfers between funds
7
22 Other gains/(losses)
23**Net movement in funds**
24 Total funds brought forward
**25 Total funds carried forward**|
**General Fund**
**(Unrestricted)**
**Circuit Model**
**Trust**
**(Unrestricted)**
**Designated**
**Funds**
**(unrestricted)**
**Restricted**
**Funds**
**Endowment**
**Funds**
**Total**
**2021-22**
£
£
£
£
£
£
-
-
**-**
166
-
**166**
7,550
-
**7,550**
172,214
-
**172,214**
-
175,268
**175,268**
-
-
**-**
8,188
-
**8,188**|
|---|---|
||**188,118**
**175,268**
**-**
**-**
**-**
**363,386**|
||1,038
3,795
**4,833**
162,113
-
**162,113**
12,954
-
**12,954**
-
32
**32**
39,767
-
**39,767**
-
-
**-**
7,972
-
**7,972**
14,709
-
**14,709**|
||**238,553**
**3,827**
**-**
**-**
**-**
**242,380**|
||-
-
**-**
-
-
**-**|
||**(50,435)**
**171,441**
**-**
**-**
**-**
**121,006**
47,791
-
**47,791**
-
-
**-**|
||**(2,644)**
**171,441**
**-**
**-**
**-**
**168,797**
112,054
159,295
**271,349**|
||**109,410**
**330,736**
**-**
**-**
**-**
**440,146**|
Name of Circuit
Circuit No 14/13
## **North Norfolk Methodist Circuit**
## **Statement of Financial Activities (SOFA) for the year ended 31 August 2021**
|**Notes to**
**the**
**accounts**
**Income**
1 Donations and legacies
2 Income from monetary investments
3 Income from investment properties
1
4 Assessments on Churches
5 Capital Receipts
6 Grants received
7 Other charitable income
1
8**Total income**
**Expenditure**
9 Grants and donations
10 Salaries and associated costs
2
11 Property maintenance
3
12 Connexional assessment & model trust levy
13 District Assessment & Levy
14 Depreciation
15 Office expenses
4
16 Other outgoings
6
17**Total charitable expenditure**
18 Gains/(losses) on monetary investments
19 Gains/(losses) on investment properties
20**Net income/(expenditure)**
21 Transfers between funds
7
22 Other gains/(losses)
23**Net movement in funds**
24 Total funds brought forward
**25 Total funds carried forward**|
**General Fund**
**(Unrestricted)**
**Circuit Model**
**Trust**
**(Unrestricted)**
**Designated**
**Funds**
**(unrestricted)**
**Restricted**
**Funds**
**Endowment**
**Funds**
**Total**
**2020-21**
£
£
£
£
£
£
-
-
-
84
754
**838**
7,550
-
**7,550**
164,657
-
**164,657**
-
-
**-**
-
-
**-**
6,193
-
**6,193**|
|---|---|
||**178,484**
**754**
**-**
**-**
**-**
**179,238**|
||-
468
**468**
164,165
-
**164,165**
31,005
-
**31,005**
-
10,971
**10,971**
37,165
-
**37,165**
-
-
**-**
5,139
-
**5,139**
24,971
-
**24,971**|
||**262,445**
**11,439**
**-**
**-**
**-**
**273,884**|
||-
-
-
-
-
-|
||**(83,961)**
**(10,685)**
**-**
**-**
**-**
**(94,646)**
97,014
(97,014)
-
-
-
-|
||**13,053**
**(107,699)**
**-**
**-**
**-**
**(94,646)**
99,001
266,994
**365,995**|
||**112,054**
**159,295**
**-**
**-**
**-**
**271,349**|
Name of Circuit
**North Norfolk Methodist Circuit**
**Circuit No 14/13**
## **Balance Sheet as at 31 August 2022**
|**Fixed Assets**|**Notes to the**
**Accounts**|
**General Fund**
**(Unrestricted)**
£|**Circuit Model**
**Trusts**
**(Unrestricted)**
£|**Designated**
**Funds**
**(Unrestricted)**
£|**Restricted**
**Funds**
£|**Endowment**
**Funds**
£|**Totals**
**2021/22**
£||**Totals**
**2020/21**
£|
|---|---|---|---|---|---|---|---|---|---|
|||||||||||
|Circuit Manses & Equipment||1,127,660|||||1,127,660||989,825|
|Investmentproperties||205,087|||||205,087||180,019|
|Investments|||||||0|||
|**_Total fixed assets_**||**1,332,747**|**0**|**0**|**0**|**0**|**1,332,747**||**1,169,844**|
|**Current Assets**||||||||||
|Debtors|||||||0|||
|Loans bythe Circuit|||||||0|||
|Investments with TMCP|||330,736||||330,736||159,295|
|Central Finance Board Deposits||58,269|||||58,269||55,544|
|Cash at Bank and in hand||51,141|||||51,141||56,510|
|**_Total current assets_**||**109,410**|**330,736**|**0**|**0**|**0**|**440,146**||**271,349**|
|**Current liabilities**||||||||||
|Creditors (due in under 1 year)|||||||0|||
|Grantspayable within 2021-22|||||||0|||
|**_Total current liabilities_**||**0**|**0**|**0**|**0**|**0**|**0**||**0**|
|**_Net current assets/liabilities_**||**109,410**|**330,736**|**0**|**0**|**0**|**440,146**||**271,349**|
|||||||||||
|**_Total assets less current liabilities_**||**1,442,157**|**330,736**|**0**|**0**|**0**|**1,772,893**||**1,441,193**|
|||||||||||
|**Long term liabilities**
**(due after more than oneyear)**||||||||||
|Grantspayable after 2021-22|||||||**0**|||
|Loans to the Circuit|||||||**0**|||
||||||||**0**|||
|**_Net assets_**||**1,442,157**|**330,736**|**0**|**0**|**0**|**1,772,893**||**1,441,193**|
|**Funds of the Circuit**||||||||||
|General Fund(Unrestricted)||1,442,157|||**0**||1,442,157||1,281,898|
|Circuit Model Trust Fund (Unrestricted)|||330,736||||330,736||159,295|
|Designated Funds (Unrestricted)||||0|||0|||
|**_Total Unrestricted Funds_**|||||||**1,772,893**||**1,441,193**|
|Restricted Funds|||||**0**||0|||
|Endowment Funds||||||**0**|0|||
|**_Total Funds_**||**1,442,157**|**330,736**|**0**|**0**|**0**|1,772,893||**1,441,193**|
Signed
Circuit Treasurer
North Norfolk Methodist Circuit (No 14/13) Accounts 2021/2022 Notes to the accounts
|North Norfolk Methodist Circuit (No 14/13)
Accounts 2021/2022
Notes to the accounts|||
|---|---|---|
|Note
Description
1 Other receipts
Rent - Hickling Manse
Lay employee contributions North Walsham & Aylsham
Payment from churches for offering envelopes and prayer handbooks
East Runton licence (Cromer Baptists)
Insurance claim and donation re West Runton wall repair
Souper Aid book sales and donations towards costs
Refund of expenses re sale of Smallburgh chapel
Energy rebate re North Walsham manse
Car park season ticket refund
District Travel fund refund
2 Stipends etc
Minister stipends, pension, NIC, Apprenticeship levy and travel
Salaries and expenses for 2 Lay Employees
Salary and expenses PA to Superintendent
Salary and expenses circuit administrator
3 Manse costs
Manse overheads - council tax, water rates etc
Manses upkeep
Insurance
4 Administration etc
Office and admin
Minister telephones
5 Grants and donations
Weybourne Singing the Faith books
Sheringham fridges
Reepham Tot Spot toys
North Walsham kitchen & shed
From general funds
North Walsham projector
Sheringham internal redecoration
Reepham windows
Weybourne property maintenance
From Circuit Model Trust Fund|£
7,550.40
5,000.00
167.61
2,100.00
-
-
470.00
150.00
-
300.00
15,738.01
£
115,842.59
36,807.87
3,944.86
5,517.30
162,112.62
£
6,983.75
4,433.53
1,536.91
12,954.19
£
6,687.38
1,284.87
7,972.25
£
60.40
279.98
280.10
417.36
1,037.84
1,643.21
1,431.60
720.00
-
3,794.81
4,832.65
£|2020/21
£
7,550.40
2,500.00
216.66
-
1,230.00
1,592.20
-
-
24.00
630.00|
|||13,743.26
£|
|||113,172.55
35,179.11
15,813.49
-|
|||164,165.15
£|
|||7,128.20
22,478.35
1,398.88|
|||31,005.43
£|
|||3,897.31
1,242.00|
|||5,139.31
£|
|||-
-
-
-|
|||-|
|||-
-
-
467.72|
|||467.72|
|||467.72
£|
North Norfolk Methodist Circuit (No 14/13) Accounts 2021/2022 Notes to the accounts
|North Norfolk Methodist Circuit (No 14/13)
Accounts 2021/2022
Notes to the accounts|||
|---|---|---|
|Note
Description
6 Other payments
Preaching fees
General travel
East Runton insurance, property repairs and utilities
West Runton insurance, property repairs, fees and utilities
Training
Quinquennials
Local preachers' conference
Supernumeraries meal and gifts
Smallburgh insurance, property repairs, fees and utilities
Barton Turf surveyor's fees and disbursements re sale
Telephone worship equipment
Live service recording equipment
Donations to Christian Aid re Souper Aid book
Laptops for lay workers and circuit administrator
Professional fees re interest in Corpusty land
From general funds
Other payments CMTF
District Annual levy
Connexional levy on sale of chapels
TMCP administration charge
Total
7 Transfers and adjustments - Funds withdrawn from CMTF
Transfer to fund work on N Walsham manse roof
Transfer to fund work on W Runton property
Transfer to fund work on Smallburgh property
Transfer to fund live streaming equipment
Transfer to fund laptops for lay employees
Lay Employee salaries 2020-21
Lay Employee salaries 2021-22
Lay Employee salaries 2022-23
Salary circuit administrator 2022-23
Salary PA to Superintendent 2020-21
Salary PA to Superintendent 2021-22
8 Connexional and Charity Funds
LWPT (Local Preachers and Worship Leaders Trust)
World Mission
Mission In Britain
Fund for Property
FSPD (Fund for the Support of Presbyters and Deacons)
MMHS (Methodist Ministers Housing Society)
MHA (Methodist Homes for the Aged)
District Benevolent Fund
All We Can
9 Designated Funds
Manses maintenance
Removals reserve
Training budget
Bursary Fund|£
2,125.00
1,936.71
1,778.02
3,131.21
37.75
2,479.20
126.00
176.71
576.42
470.00
-
-
-
1,871.85
-
14,708.87
£
4,906.54
46,107.04
453.98
51,467.56
£
66,176.43
£
-
-
-
1,003.97
1,871.85
-
-
31,270.00
13,645.00
-
-
47,790.82
£
165.00
275.00
320.00
600.00
275.00
155.00
130.00
205.00
702.00
2,827.00
£
566.47
4,000.00
3,157.78
297.00
8,021.25
£|2020/21
£
275.00
391.05
2,061.88
10,475.64
1,688.75
792.00
-
-
5,828.08
-
562.68
1,003.97
1,592.20
-
300.00|
|||24,971.25
£|
|||10,437.34
-
533.99|
|||10,971.33
£|
|||35,942.58
£|
|||15,000.00
7,000.00
3,000.00
-
-
19,183.00
19,514.00
-
-
16,419.00
16,898.00|
|||97,014.00
£|
|||165.00
180.00
225.00
625.00
275.00
180.00
130.00
205.00
130.00|
|||2,115.00
£|
|||-
2,000.00
2,195.53
297.00|
|||4,492.53
£|
Circuit: North Norfolk No. 14/13
## **Independent Examiner’s Report to the Trustees of the North Norfolk Methodist Circuit**
## **For the year ended 31 August 2022**
## **Responsibilities and basis of report**
I report to the trustees on my examination of the accounts of the North Norfolk Methodist Circuit for the year ended 31 August 2022 set out on pages 1 to 3 plus notes showing total cash funds held at the balance sheet date of £341,600. 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.
## **Independent Examiner’s Statement**
The Circuit’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales
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
- 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 which are individually in excess of £10,000 (ten thousand pounds) at the balance sheet date.
**David Wright FCA** Wright Accountancy 83 Cromwell Road, Norwich NR7 8XJ
28 June 2023
Name of Circuit
Circuit No 14/13
## **North Norfolk Methodist Circuit**
## **Statement of Financial Activities (SOFA) for the year ended 31 August 2022**
|**Notes to**
**the**
**accounts**
**Income**
1 Donations and legacies
2 Income from monetary investments
3 Income from investment properties
1
4 Assessments on Churches
5 Capital Receipts
6 Grants received
7 Other charitable income
1
8**Total income**
**Expenditure**
9 Grants and donations
5
10 Salaries and associated costs
2
11 Property maintenance
3
12 Connexional assessment & model trust levy
13 District Assessment & Levy
14 Depreciation
15 Office expenses
4
16 Other outgoings
6
17**Total charitable expenditure**
18 Gains/(losses) on monetary investments
19 Gains/(losses) on investment properties
20**Net income/(expenditure)**
21 Transfers between funds
7
22 Other gains/(losses)
23**Net movement in funds**
24 Total funds brought forward
**25 Total funds carried forward**|
**General Fund**
**(Unrestricted)**
**Circuit Model**
**Trust**
**(Unrestricted)**
**Designated**
**Funds**
**(unrestricted)**
**Restricted**
**Funds**
**Endowment**
**Funds**
**Total**
**2021-22**
£
£
£
£
£
£
-
-
**-**
166
-
**166**
7,550
-
**7,550**
172,214
-
**172,214**
-
175,268
**175,268**
-
-
**-**
8,188
-
**8,188**|
|---|---|
||**188,118**
**175,268**
**-**
**-**
**-**
**363,386**|
||1,038
3,795
**4,833**
162,113
-
**162,113**
12,954
-
**12,954**
-
32
**32**
39,767
-
**39,767**
-
-
**-**
7,972
-
**7,972**
14,709
-
**14,709**|
||**238,553**
**3,827**
**-**
**-**
**-**
**242,380**|
||-
-
**-**
-
-
**-**|
||**(50,435)**
**171,441**
**-**
**-**
**-**
**121,006**
47,791
-
**47,791**
-
-
**-**|
||**(2,644)**
**171,441**
**-**
**-**
**-**
**168,797**
112,054
159,295
**271,349**|
||**109,410**
**330,736**
**-**
**-**
**-**
**440,146**|
Name of Circuit
Circuit No 14/13
## **North Norfolk Methodist Circuit**
## **Statement of Financial Activities (SOFA) for the year ended 31 August 2021**
|**Notes to**
**the**
**accounts**
**Income**
1 Donations and legacies
2 Income from monetary investments
3 Income from investment properties
1
4 Assessments on Churches
5 Capital Receipts
6 Grants received
7 Other charitable income
1
8**Total income**
**Expenditure**
9 Grants and donations
10 Salaries and associated costs
2
11 Property maintenance
3
12 Connexional assessment & model trust levy
13 District Assessment & Levy
14 Depreciation
15 Office expenses
4
16 Other outgoings
6
17**Total charitable expenditure**
18 Gains/(losses) on monetary investments
19 Gains/(losses) on investment properties
20**Net income/(expenditure)**
21 Transfers between funds
7
22 Other gains/(losses)
23**Net movement in funds**
24 Total funds brought forward
**25 Total funds carried forward**|
**General Fund**
**(Unrestricted)**
**Circuit Model**
**Trust**
**(Unrestricted)**
**Designated**
**Funds**
**(unrestricted)**
**Restricted**
**Funds**
**Endowment**
**Funds**
**Total**
**2020-21**
£
£
£
£
£
£
-
-
-
84
754
**838**
7,550
-
**7,550**
164,657
-
**164,657**
-
-
**-**
-
-
**-**
6,193
-
**6,193**|
|---|---|
||**178,484**
**754**
**-**
**-**
**-**
**179,238**|
||-
468
**468**
164,165
-
**164,165**
31,005
-
**31,005**
-
10,971
**10,971**
37,165
-
**37,165**
-
-
**-**
5,139
-
**5,139**
24,971
-
**24,971**|
||**262,445**
**11,439**
**-**
**-**
**-**
**273,884**|
||-
-
-
-
-
-|
||**(83,961)**
**(10,685)**
**-**
**-**
**-**
**(94,646)**
97,014
(97,014)
-
-
-
-|
||**13,053**
**(107,699)**
**-**
**-**
**-**
**(94,646)**
99,001
266,994
**365,995**|
||**112,054**
**159,295**
**-**
**-**
**-**
**271,349**|
Name of Circuit
**North Norfolk Methodist Circuit**
**Circuit No 14/13**
## **Balance Sheet as at 31 August 2022**
|**Fixed Assets**|**Notes to the**
**Accounts**|
**General Fund**
**(Unrestricted)**
£|**Circuit Model**
**Trusts**
**(Unrestricted)**
£|**Designated**
**Funds**
**(Unrestricted)**
£|**Restricted**
**Funds**
£|**Endowment**
**Funds**
£|**Totals**
**2021/22**
£||**Totals**
**2020/21**
£|
|---|---|---|---|---|---|---|---|---|---|
|||||||||||
|Circuit Manses & Equipment||1,127,660|||||1,127,660||989,825|
|Investmentproperties||205,087|||||205,087||180,019|
|Investments|||||||0|||
|**_Total fixed assets_**||**1,332,747**|**0**|**0**|**0**|**0**|**1,332,747**||**1,169,844**|
|**Current Assets**||||||||||
|Debtors|||||||0|||
|Loans bythe Circuit|||||||0|||
|Investments with TMCP|||330,736||||330,736||159,295|
|Central Finance Board Deposits||58,269|||||58,269||55,544|
|Cash at Bank and in hand||51,141|||||51,141||56,510|
|**_Total current assets_**||**109,410**|**330,736**|**0**|**0**|**0**|**440,146**||**271,349**|
|**Current liabilities**||||||||||
|Creditors (due in under 1 year)|||||||0|||
|Grantspayable within 2021-22|||||||0|||
|**_Total current liabilities_**||**0**|**0**|**0**|**0**|**0**|**0**||**0**|
|**_Net current assets/liabilities_**||**109,410**|**330,736**|**0**|**0**|**0**|**440,146**||**271,349**|
|||||||||||
|**_Total assets less current liabilities_**||**1,442,157**|**330,736**|**0**|**0**|**0**|**1,772,893**||**1,441,193**|
|||||||||||
|**Long term liabilities**
**(due after more than oneyear)**||||||||||
|Grantspayable after 2021-22|||||||**0**|||
|Loans to the Circuit|||||||**0**|||
||||||||**0**|||
|**_Net assets_**||**1,442,157**|**330,736**|**0**|**0**|**0**|**1,772,893**||**1,441,193**|
|**Funds of the Circuit**||||||||||
|General Fund(Unrestricted)||1,442,157|||**0**||1,442,157||1,281,898|
|Circuit Model Trust Fund (Unrestricted)|||330,736||||330,736||159,295|
|Designated Funds (Unrestricted)||||0|||0|||
|**_Total Unrestricted Funds_**|||||||**1,772,893**||**1,441,193**|
|Restricted Funds|||||**0**||0|||
|Endowment Funds||||||**0**|0|||
|**_Total Funds_**||**1,442,157**|**330,736**|**0**|**0**|**0**|1,772,893||**1,441,193**|
Signed
Circuit Treasurer
North Norfolk Methodist Circuit (No 14/13) Accounts 2021/2022 Notes to the accounts
|North Norfolk Methodist Circuit (No 14/13)
Accounts 2021/2022
Notes to the accounts|||
|---|---|---|
|Note
Description
1 Other receipts
Rent - Hickling Manse
Lay employee contributions North Walsham & Aylsham
Payment from churches for offering envelopes and prayer handbooks
East Runton licence (Cromer Baptists)
Insurance claim and donation re West Runton wall repair
Souper Aid book sales and donations towards costs
Refund of expenses re sale of Smallburgh chapel
Energy rebate re North Walsham manse
Car park season ticket refund
District Travel fund refund
2 Stipends etc
Minister stipends, pension, NIC, Apprenticeship levy and travel
Salaries and expenses for 2 Lay Employees
Salary and expenses PA to Superintendent
Salary and expenses circuit administrator
3 Manse costs
Manse overheads - council tax, water rates etc
Manses upkeep
Insurance
4 Administration etc
Office and admin
Minister telephones
5 Grants and donations
Weybourne Singing the Faith books
Sheringham fridges
Reepham Tot Spot toys
North Walsham kitchen & shed
From general funds
North Walsham projector
Sheringham internal redecoration
Reepham windows
Weybourne property maintenance
From Circuit Model Trust Fund|£
7,550.40
5,000.00
167.61
2,100.00
-
-
470.00
150.00
-
300.00
15,738.01
£
115,842.59
36,807.87
3,944.86
5,517.30
162,112.62
£
6,983.75
4,433.53
1,536.91
12,954.19
£
6,687.38
1,284.87
7,972.25
£
60.40
279.98
280.10
417.36
1,037.84
1,643.21
1,431.60
720.00
-
3,794.81
4,832.65
£|2020/21
£
7,550.40
2,500.00
216.66
-
1,230.00
1,592.20
-
-
24.00
630.00|
|||13,743.26
£|
|||113,172.55
35,179.11
15,813.49
-|
|||164,165.15
£|
|||7,128.20
22,478.35
1,398.88|
|||31,005.43
£|
|||3,897.31
1,242.00|
|||5,139.31
£|
|||-
-
-
-|
|||-|
|||-
-
-
467.72|
|||467.72|
|||467.72
£|
North Norfolk Methodist Circuit (No 14/13) Accounts 2021/2022 Notes to the accounts
|North Norfolk Methodist Circuit (No 14/13)
Accounts 2021/2022
Notes to the accounts|||
|---|---|---|
|Note
Description
6 Other payments
Preaching fees
General travel
East Runton insurance, property repairs and utilities
West Runton insurance, property repairs, fees and utilities
Training
Quinquennials
Local preachers' conference
Supernumeraries meal and gifts
Smallburgh insurance, property repairs, fees and utilities
Barton Turf surveyor's fees and disbursements re sale
Telephone worship equipment
Live service recording equipment
Donations to Christian Aid re Souper Aid book
Laptops for lay workers and circuit administrator
Professional fees re interest in Corpusty land
From general funds
Other payments CMTF
District Annual levy
Connexional levy on sale of chapels
TMCP administration charge
Total
7 Transfers and adjustments - Funds withdrawn from CMTF
Transfer to fund work on N Walsham manse roof
Transfer to fund work on W Runton property
Transfer to fund work on Smallburgh property
Transfer to fund live streaming equipment
Transfer to fund laptops for lay employees
Lay Employee salaries 2020-21
Lay Employee salaries 2021-22
Lay Employee salaries 2022-23
Salary circuit administrator 2022-23
Salary PA to Superintendent 2020-21
Salary PA to Superintendent 2021-22
8 Connexional and Charity Funds
LWPT (Local Preachers and Worship Leaders Trust)
World Mission
Mission In Britain
Fund for Property
FSPD (Fund for the Support of Presbyters and Deacons)
MMHS (Methodist Ministers Housing Society)
MHA (Methodist Homes for the Aged)
District Benevolent Fund
All We Can
9 Designated Funds
Manses maintenance
Removals reserve
Training budget
Bursary Fund|£
2,125.00
1,936.71
1,778.02
3,131.21
37.75
2,479.20
126.00
176.71
576.42
470.00
-
-
-
1,871.85
-
14,708.87
£
4,906.54
46,107.04
453.98
51,467.56
£
66,176.43
£
-
-
-
1,003.97
1,871.85
-
-
31,270.00
13,645.00
-
-
47,790.82
£
165.00
275.00
320.00
600.00
275.00
155.00
130.00
205.00
702.00
2,827.00
£
566.47
4,000.00
3,157.78
297.00
8,021.25
£|2020/21
£
275.00
391.05
2,061.88
10,475.64
1,688.75
792.00
-
-
5,828.08
-
562.68
1,003.97
1,592.20
-
300.00|
|||24,971.25
£|
|||10,437.34
-
533.99|
|||10,971.33
£|
|||35,942.58
£|
|||15,000.00
7,000.00
3,000.00
-
-
19,183.00
19,514.00
-
-
16,419.00
16,898.00|
|||97,014.00
£|
|||165.00
180.00
225.00
625.00
275.00
180.00
130.00
205.00
130.00|
|||2,115.00
£|
|||-
2,000.00
2,195.53
297.00|
|||4,492.53
£|
Circuit: North Norfolk No. 14/13
## **Independent Examiner’s Report to the Trustees of the North Norfolk Methodist Circuit**
## **For the year ended 31 August 2022**
## **Responsibilities and basis of report**
I report to the trustees on my examination of the accounts of the North Norfolk Methodist Circuit for the year ended 31 August 2022 set out on pages 1 to 3 plus notes showing total cash funds held at the balance sheet date of £341,600. 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.
## **Independent Examiner’s Statement**
The Circuit’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales
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
- 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 which are individually in excess of £10,000 (ten thousand pounds) at the balance sheet date.
**David Wright FCA** Wright Accountancy 83 Cromwell Road, Norwich NR7 8XJ
28 June 2023