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BARNSLEY METHODIST CIRCUIT REPORT AND ACCOUNTS YEAR ENDED 31 AUGUST 2021 Registered Charity Number: 1135240 



BARNSLEY METHODIST CIRCUIT 

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TRUSTEES’ REPORT AND ACCOUNTS 

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YEAR ENDED 31 AUGUST 2021 

## CONTENTS 

|CONTENTS|CONTENTS|
|---|---|
|ee||
||Page|
|Legalandadministrativeinformation|3|
|Trustees’report|4-8|
|Independentexaminer’sreport|9|
|Statement offinancialactivities|10|
|Balance sheet|11|
|Statement ofCash Flows|12|
|Notestothefinancialstatements|13-23|



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## BARNSLEY METHODIST CIRCUIT LEGAL AND ADMINISTRATIVE INFORMATION 

## YEAR ENDED 31 AUGUST 2021 

ae BarnsleyPrincipal Office Methodist Church Circuit Office Emmanuel Methodist Church Huddersfield Road Barnsley S71 IDT 

Circuit Administrator Jayne Wragg 

Independent Examiner Angela Hayes Community Accountant PrioryBCVS Campus Services Limited Pontefract Road Lundwood Barnsley S71 5PN HSBCPrincipal Bankers 5 Market Hill Barnsley South Yorkshire S70 2PY 

Investment Managers Central Finance Board of the Methodist Church Friendly4th Floor House London 52/58 Tabernacle Street EC2A 4NJ 

Solicitors Bury and Walkers Britannic House Regent Street Barnsley South Yorkshire S70 2EQ 

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BARNSLEY METHODIST CIRCUIT TRUSTEES’ REPORT YEAR ENDED 31 AUGUST 2021 a The Barnsley Methodist Circuit Trustees submit their Annual Report and Financial Statements for the year ended 31 August 2021. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP FRS102) “Accounting and Reporting by Charities” issued in 2019, in preparing the Annual Report and Financial Statements of the Charity. 

The Barnsley Methodist Circuit is part of the Methodist Church, which is a charity. The Circuit is registered with the Charity Commission under the name of The Methodist Church — Barnsley Circuit. 

## STRUCTURE, GOVERNANCE AND MANAGEMENT 

As part of the Methodist Church, the charity is governed by the Deed of Union (1932) and the Methodist Church Act (1976). The governing documents for the Circuit are contained in “The Constitutional Practice and Discipline of the Methodist Church”. 

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The managing body of the Circuit is The Circuit Meeting. The members of this body are the Trustees of the charity. The Circuit Meeting usually meets twice per year. All major policies and decisions on all Circuit matters are made at these meetings. The Circuit Meeting comprises: 

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Superintendent Minister — Chairman 

Other Circuit Ministers and employed Layworkers Circuit Leadership Team Circuit Secretary Circuit Treasurer Appointed representatives from all churches within the Circuit. 

A full list of the current trustees is given in note 19 to the financial statements. 

Ministers and Layworkers are automatically appointed as trustees as a condition of their appointment to the Circuit. Formal training in trusteeship is given to Ministers by the Methodist Church. The Circuit Leadership Team, the Circuit Secretary and the Circuit Treasurer are recruited from members of the churches worshipping in the Circuit and are appointed for a period of six years. They are offered training by the Sheffield District of the Methodist Church. Representatives from the churches are appointed by their churches. Other than safeguarding training, there is no formal training programme offered to this group of Trustees but all will be Trustees of their individual church charities and many have previously served as Circuit Stewards. All office holders in the Methodist Church are expected to undertake safeguarding training as a condition of appointment. 

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Day-to-day management of the Circuit is undertaken by the Superintendent Minister and the Circuit Leadership Team. A number of sub-committees of The Circuit Meeting also work on policy, mission and strategy. The decisions of these bodies are subject to ratification by The Circuit Meeting. 

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> | : BARNSLEY METHODIST CIRCUIT TRUSTEES’ REPORT continued YEAR ENDED 31 AUGUST 2021 SSS OBJECTIVES AND ACTIVITIES The 

> Vision of the Barnsley Methodist Circuit is to share the gospel of Jesus Christ by encouraging, resourcing and enabling the people and churches of the Circuit to serve their communities and the wider world. ACHIEVEMENTS AND PERFORMANCE During the year the Circuit, through the member churches, has been active in the local and wider communities and has successfully started or continued with a number of initiatives and programmes in support of the objectives. This is in addition to a programme of religious services including weddings and funerals inevitably somewhat reduced because of the impact of the pandemic. In September 2019 the Circuit Meeting agreed to appoint a Circuit Leadership Team (CLT) in place of the Circuit Stewards. This was an intentional decision in order to make the leadership more representative and accountable in the life of the Circuit. The CLT continued to meet regularly 

> Circuit’sthroughoutfinances the yearand andstaffing. played anMembership active partofin the impoCi **r** cuittant Leaderdiscus **s** hipions Teamand planningis approvedaroundby **the** Circuit Meeting annually. The Circuit once again supported the work of Blythswood Care by encouraging members to prepare shoe boxes to be collected in November and distributed in other parts of the world in time for Christmas. More than 200 boxes were collected from the Circuit. We also held a drive through Harvest collection for the Barnsley Foodbank and a drive through Christingle so that people from across the Circuit could join in the Christmas celebrations together. The Circuit has supported the work of the Hemsworth Soft Play Project which includes refurbishing the existing church building. The building work was completed by the summer of 2021 and we hope in the latter part of the year to appoint paid workers which will enable the project to open in early 2022. 

Following the decision to reorganise ministerial staffing, from September 2021, the Circuit decided to seek to appoint a new minister in 2022 who would take on a new role with a specific focus on nurture, growth and discipleship. The Circuit continues to employ a part time Administrator to support our work, a part time Lay Worker based in the South Church and a part time Children and Families Support Worker in the North East Church. During the year the Coronavirus Pandemic continued to provide challenges for the Circuit and its Churches. The commitment to offer an online service every Sunday was continued, and the Circuit Staff Team has worked hard to maintain contact with members and adherents from all our churches. As a result of this situation, the Circuit Leadership Team continued to meet frequently in order to monitor developments and provide support to the Circuit Staff and wider family of the church. Aware of the significant financial risk to all our churches the Leadership Team recommended the Circuit Meeting to draw £60,000 from reserves in order to reduce the assessments due from all churches. This was a gesture of support and all churches received a reduction of 20% of their annual assessment. The Circuit Leadership Team continues to monitor the financial situation for the whole Circuit. Some of the chapels in the Circuit have closed during the year with members joining worship in other places and establishing a new society in Hoyland and Birdwell. 

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TRUSTEES’ REPORT continued 

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## BARNSLEY METHODIST CIRCUIT 

YEAR ENDED 31 AUGUST 2021 NN A main responsibility of the Circuit in particular is to maintain the fabric of properties in its possession and to arrange the finances for the maintenance of the member churches. A full programme of repairs and improvements has been progressed so that the churches may continue to be fully available for their local communities. The renting out of the one manse that is not being occupied by a minister and is therefore not required for Circuit staff has continued to be a source of income; it should be noted that it is not the aim of the Circuit to hold property as an investment and surplus properties will be sold when market conditions are favourable. The three multi-site churches continued their integration programme and all chapels now have their funds held in a single bank account in the name of the Church. 

## FINANCIAL REVIEW 

## Income Generation 

The main source of income is generated by a levy, known as the Circuit Assessment. This Circuit Assessment is levied on each individual church within the Circuit based on an allocation of shares recommended to the Circuit Meeting through the Circuit Resources Team. During the year the Circuit has achieved additional income by letting out, on a short term lease, a manse which would otherwise be vacant. During the summer the Circuit Resources Team reviewed the allocation of the assessment and, while recommending to the Circuit Meeting that there should be some adjustments, the total raised through assessments will remain the same in the coming year. 

## Fixed Assets 

The Circuit owns the manses and certain furnishings therein. The properties are held for the use of Ministers and therefore are not considered to be investment properties. The values included in the balance sheet represent the ‘deemed cost’ at the date of the most recent valuation in August 2013, 

Church buildings are transferred to the Circuit upon church closure and are included in the balance sheet as current assets. Proceeds of sales of Church buildings, as well as sales of manses, less a levy from the Methodist Church are the property of the Circuit and are held as restricted funds. 

There has been no major maintenance and capital expenditure in this year, but the Circuit retains sufficient funds in reserve to cover any emergency costs that may be required. In June this year the Circuit Meeting agreed to reduce ministerial staffing to 4 from September 2021 and as a result of this there will be a review of manse requirements in order to ensure there are properties that are in good order and strategically situated for the ongoing needs of the Circuit. 

## Reserves Policy 

The funds of the charity consist mainly of land, buildings, investments and bank deposits and the Trustees intend to maintain their value to provide income and resources for future work in pursuit of the charitable objectives. 

The Circuit Meeting sets budgets to maintain a balance between income and expenditure and there is a target of holding liquid cash reserves equal to 50% of annual expenditure (less any extraordinary expenditure). At the balance sheet date, liquid cash reserves in unrestricted funds amounted to £289,181 (2020: £321,264) which is 71% (2020: 84%) of annual expenditure on Circuit activities. 

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BARNSLEY METHODIST CIRCUIT 

TRUSTEES’ REPORT continued 

YEAR ENDED 31 AUGUST 2021 Included in the reserves are funds designated for future commitments/planned activities. Designated funds held at the year end are detailed in note 16 of the accounts. Excluding designated funds, liquid cash reserves at the year end were 52% of annual expenditure on Circuit activities. The Circuit Meeting through the Circuit Resources Team monitors reserves carefully to ensure sufficient funds are held to support the ongoing mission of the Church in Barnsley Investment Policy The Circuit bank deposits are held by HSBC and the Central Finance Board of the Methodist Church. It is the policy to hold higher balances with the Central Finance Board due to the differential in interest rates. The Circuit has a number of trusts, held by Trustees for Methodist Purposes. Management ofthe funds and investment strategy is the responsibility of the Circuit. Independent Examination of the financial statements As the Circuit’s gross income is below £1,000,000 and gross assets are below £3,260,000 the Trustees have opted for an independent examination of the financial statements instead of an audit, as permitted by legislation. 

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## RISK POLICY 

The Trustees are responsible for identifying and managing risk. The Trustees monitor and review the activities of the charity to ensure that risks are identified and that procedures have been put in place to mitigate those risks. The major risks to which the charity is exposed are financial, organisational and reputational. 

## Financial Risk 

. The Circuit’s main source of funds is derived from the Circuit Assessment. This is paid by the Circuit churches some of whom are under significant financial pressure. The Circuit has sufficient reserves to allow it to continue to operate for a significant period if churches were unable to meet the assessment in full. The Circuit has established sub-committees to manage Circuit resources (the Resources Team) and strategic planning (the Invitations and Planning team). These teams work together with the Circuit churches to ensure that collectively across the churches the assessment remains affordable. 

## Organisational Risk 

There is a shortage of ordained ministers across the Methodist Connexion which may result in a reduction in ordained staff either when ministers enter stationing at the end of their period of appointment to Circuit, if redeployed by Connexion or they retire. A reduction in ministers may reduce the ability of the Circuit to meet its aims. The Invitations and Planning Team reviews staffing levels against the strategic aims of the Circuit to present reasoned statements of need at the point of move of ministers. 

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## Reputational Risk 

The Circuit, churches within the Circuit and the wider Methodist Connexion have contact with vulnerable adults and children which present a number of safeguarding issues. Failures in safeguarding, both historic and current might result in major reputational damage to the Circuit. Safeguarding training is mandatory for all staff, office holders and trustees. The Circuit has a designated safeguarding officer and support is available from District and Connexion. 

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BARNSLEY METHODIST CIRCUIT TRUSTEES’ REPORT continued YEAR ENDED 31 AUGUST 2021 

## PUBLIC BENEFIT 

The trustees have taken due regard of guidance on public benefit published by the Charity Commission and consider that the Circuit enables its member churches to deliver such benefits. 

## FUTURE DEVELOPMENTS 

The Trustees intend to continue actively managing the property and investment portfolio which generates funds to better pursue the charitable objectives. 

## STATEMENT OF TRUSTEES’ RESPONSIBILITEES 

Law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity’s financial activities during the year and of its financial position at the end of the year. In preparing financial statements giving a true and fair view, the trustees should follow best practice and: 

- " select suitable accounting policies and then apply them consistently; " observe the methods and principles in the Charities SORP; = make judgements and estimates that are reasonable and prudent; 

- = state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements, prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. 

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

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## Statement of disclosure to Independent Examiner 

In accordance with the law, as the trustees, we certify that: 

- « So far as we are aware, there is no relevant information of which the Independent Examiner is unaware; and 

- « As the trustees we have taken all the steps that we ought to have taken in order to make ourselves aware of any relevant information and to establish that the charity’s Independent Examiner is aware of that information. 

Approved by the trustees and signed on their behalf by: 

REVEREND M NEAL CHAIR OF THE TRUSTEES 

Date: 24 January 2022 

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> . BARNSLEY METHODIST CIRCUIT INDEPENDENT EXAMINER’S REPORT YEAR ENDED 31 AUGUST 2021 a I report on the accounts of the charity, which are set out on pages 10 to 23. Respective responsibilities of trustees and examiner The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 (2) of the Charities Act 2011 It(theis 2011 my responsibility Act) and thatto: an independent examination is needed. 

- “examine the accounts under section 145 of the 2011 Act; 

- " follow the procedures laid down in the general directions given by the Charity Commissioners under section 145(5)(b) of the 2011 Act; and 

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- « state whether particular matters have come to my attention. 

The charity’s gross income exceeded £250,000 in this financial year. I am qualified to undertake the examination, being a Fellow Member of the Association of Accounting Technicians. 

## 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 In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect: e the accounting records were not kept in accordance with section 130 of the Charities Act; or 

- e the accounts did not accord with the accounting records; or 

e the accounts did 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. I have no concerns and I 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. Signed AL ene? Date: 24 January 2022 Angela Hayes, FAAAT Community Accountant BCVS Services Limited 

Priory Campus, Pontefract Road, Lundwood, Barnsley, S71 SPN 



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BARNSLEY METHODIST CIRCUIT STATEMENT OF FINANCIAL ACTIVITIES 

YEAR ENDED 31 AUGUST 2021 

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||Note|Unrestricted<br>Funds|Restricted<br>Funds|Total<br>2021|Total<br>2020|
|---|---|---|---|---|---|
|||£|£|£|£|
|IncomingResources||||||
|Donations and legacies|2a|-|-|-|-|
|Incomefrom charitable activities<br>Investmentincome<br>Otherincome|2b<br>2c<br>2d|269,649<br>397<br>149,850|1,965<br>3,057<br>496,971|271,614<br>3,454<br>646,821|297,808<br>8,857<br>15,005|
|Totalincomingresources<br>Resourcesexpended||419,896|$01,993|921,889|321,670|
|Expenditure on charitable activities<br>Otherexpenditure<br>Total resourcesexpended|3a<br>3b|356,486<br>29,850<br>386,336|62,802<br>139,875<br>202,677|419,288<br>169,725<br>589,013|536,659<br>15,005<br>551,664|
|Netincomingresources||33,560|299,316|332,876|(229,994)|
|Transfersbetweenfunds<br>Netincomingresources|15|(193,428)<br>(159,868)|193,428<br>492,744|-<br>332,876|-<br>(229,994)|
|Other recognised gains and losses||||||
|Gain/(loss)on investments|5|-|20,966|20,966|(2,035)|
|Revaluation offixed assets|||||~|
|Netmovement infunds||(159,868)|513,710|353,842|(232,029)|
|Balanceb/fat1September2020<br>Balanceat31August2021||1,607,234<br>1,447,366|515,409<br>1,029,119|2,122,643<br>2,476,485|2,354,672<br>2,122,643|



The above results are derived from continuing activities. All gains and losses recognised in the year are included above. Prior year income includes restricted investment income of £6,691 and restricted income from charitable activities of £812. All other prior year income is unrestricted. Prior year expenditure on charitable activities includes £199,487 restricted funds. All other prior year expenditure is unrestricted funds. 

The prior year gain on investments is restricted funds. 

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BARNSLEY METHODIST CIRCUIT 

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## BALANCE SHEET AS AT 31 AUGUST 2021 


**----- Start of picture text -----**<br>
|||||||||
|---|---|---|---|---|---|---|---|
|oo|
|2024|2020|
|Note|£|£|£|£|
|Fixed|assets|
|Tangible assets|4|1,158,185|1,285,970|
|Investments|5|601,042|424,202|
|Total|fixed assets|1,759,227|1,710,172|
|Current|assets|
|Debtors|6|14,731|17,303|
|Investments|held|for resale|7|340,000|-|
|Cash at bank and in hand|363,477|396,103|
|Total|current assets|718,208|413,406|
|Liabilities|
|Creditors:|8|
|Netamounts current falling assetsdue within one year|(950)|717,258|(935)|412,471|
|Net|assets|2,476,485|2,122,643|
|Funds of the charity|15/16|
|Unrestricted funds|864,436|1,074,304|
|Designated funds|75,500|||25,500|
|Restricted|fiinds|1,029,119|515,409|
|Revaluation reserve|507,430|507,430|
|Total funds|2,476,485|2,122,643|
|The|trustees|declare|that they have|approved|the|accounts|above.|
|Signed|on|behalf of the|charity’s|trustees:|
|Signed|b(n|cA}|Dated:|24 January 2022|
|REVERENDM|NEAL”|~~|~~~|
|CHAIR OF|THE TRUSTEES|

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BARNSLEY METHODIST CIRCUIT 

## STATEMENT OF CASH FLOWS 

## AS AT 31 AUGUST 2021 


**----- Start of picture text -----**<br>
||||||||
|---|---|---|---|---|---|---|
|Total|Prior|Year|
|Funds|Funds|
|£|£|
|NetCash cash providedflows|from|byoperating (used in)activities: operating activities|(136,480)|(238,477)|
|Cash flows from investing activities:|
|Dividends,|interest|and|rents from|investments|3,454|8,857|
|Purchase of|property and equipment|(3,540)|.|
|Proceeds|from the|sale|of property|259,814|-|
|Proceeds|from|the|sale|of investments|-|-|
|Additions/disposals|in the year|(155,874)|250,800|
|103,854|259,657|
|Cash flows from financing activities:|-|-|
|Change in cash and cash equivalents|in the|(32,626)|21,180|
|reporting period|
|Cashperiod and cash equivalents at the beginning of|the reporting|396,103|374,923|
|Cash and cash|equivalents|at the end of the reporting period|363,477|396,103|
|Reconciliation|of net|income/(expenditure)|to|net cash|inflow|
|from|operating|activities:|
|Net|income/(expenditure)|for the|reporting period|
|(as per the|Statement|of Financial|Activities)|353,842|(232,029)|
|Adjustments|for:|
|Depreciation|1,325|971|
|Gains/losses|on investments|(20,966)|2,035|
|Dividends,|interest and|rents from investments|(3,454)|(8,857)|
|Loss/profit|on the sale of|fixed|assets|(9,814)|-|
|(increase)/decrease|in investment|assets|held for|sale|(340,000)|-|
|Fixed|Assets|transferred|to|Circuit|(120,000)|-|
|(increase)/decrease|in debtors|2,572|(480)|
|increase/(decrease)|in creditors|15|(117)|
|Net cash provided|by(used|in) operating|activities|(136,480)|(238,477)|

**----- End of picture text -----**<br>


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BARNSLEY METHODIST CIRCUIT 

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## NOTES TO THE FINANCIAL STATEMENTS 

## YEAR ENDED 31 AUGUST 2021 

## 1. Accounting policies (a) Accounting convention 

The financial statements have been prepared in accordance with Accounting and Reporting by Charities - Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019) — (Charities SORP (FRS102)). 

The charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value, unless otherwise stated in the relevant accounting policy note(s). 

In 2016 the charity changed its policy for the treatment of Fixed Assets, in accordance with the special provision contained in section 35 of FRS102. In previous periods, freehold property was stated at openmarket values. The trustees have taken the decision to use the original cost method of valuation for the reason that the properties are held for use and are not considered to be investment property. The trustees have elected to use the most recent revaluation of the property, in August 2013, as the ‘deemed’ cost in the accounts, 

In common with many other businesses of our size and nature we use our accountant to prepare and submit returns and assist with the preparation of financial statements. 

## (b) Going Concern Note 

After reviewing the charity’s forecasts and projections and its reserves, the trustees have reasonable expectation that the charity has adequate resources to continue in operation for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements. 

## (c) Incoming resources 

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All material incoming resources have been included in the Statement of Financial Activities when the charity is entitled to the income, when any performance conditions attached are met, when it is probable that the income will be received and when the amount can be measured reliably. 

Income from donations and legacies includes all income received by the charity that is, in substance, a gift made on a voluntary basis. 

Income from charitable activities includes income earned from the supply of goods or services for activities undertaken for charitable purposes. 

**In** vestmentcome fromincome other tradingis earned activitiesfrom holding includesassets income fromfor investment fundraisingpurposes. and non-charitable trading activities. 

is from for 

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## (d} Donated goods and services 

Donated facilities and services are recognised in the accounts, at the amount the charity would pay in the open market for a service equivalent to that being donated, when the charity would otherwise have purchased them and the value can be measured reliably. 

Donated goods for the charity’s own use are recognised as income, at their fair value. 

; 

The contribution of general volunteers is not recognised as income in the charity accounts. 

## (e) Resources Expended 

All expenditure is included on an accruals basis and is recognised as a liability is incurred. The charity is not registered for VAT and accordingly resources expended are shown gross of irrecoverable VAT. 

Expenditure on charitable activities includes all costs incurred by the charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries. 

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BARNSLEY METHODIST CIRCUIT 

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## NOTES TO THE FINANCIAL STATEMENTS continued 

## YEAR ENDED 31 AUGUST 2021 

## (f) Tangible fixed assets 

Freehold property, whether being occupied by a minister or being rented, is stated at cost. It is estimated that 1/3 of the valuation of land and buildings is land and 2/3" buildings. 

Freehold property is not depreciated; it is maintained to a standard that the useful economic life is not diminished over time. Furniture and equipment is written off in the year of acquisition. 

Property improvements are capitalised in the accounts of the Circuit and depreciated over the estimated useful life of the asset. 

## (g) Fixed asset investments 

Investments are included at bid price at the balance sheet date. Any gain or loss on revaluation is taken to the Statement of Financial Activities. 

## (h) Transfer of church buildings to the Circuit 

Where a church building is no longer under the stewardship of the church and stewardship has been transferred to the Circuit upon closure of the church, the property will be included as a current asset, at valuation net of any levy, and recognised in the Statement of Financial Activities as ‘Other Income’, 

## (i) Gifts and intangible income 

Gifts and intangible income are accounted for when they are received and are included at the trustees’ valuation(j) Restrictedof their andworth unrestrictedto the Circuit. funds 

Restricted funds are funds received which are subject to restrictions on the purposes for which they may be used. Unrestricted funds are those where there are no externally imposed restrictions and include funds freely available to the charity for expenditure or appropriation to reserves for internally designated purposes. 

## {k) Operating leases 

Rentals applicable to operating leases where substantially all of the risks and benefits of ownership remain with the lessor are charged against profits on a straight-line basis over the lease term. 

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## (1) Pension costs 

The Circuit makes payments into a defined contributions pension scheme for some of its administrative employees. The charge represents the amount payable in respect of the year. 

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## BARNSLEY METHODIST CIRCUIT NOTES TO THE FINANCIAL STATEMENTS continued 

## YEAR ENDED 31 AUGUST 2021 

## 2. Incoming Resources 

|2.Incoming ResourcesResources|||||||
|---|---|---|---|---|---|---|
|2. Incoming ResourcesResources|||2021|||2020|
||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
||Funds|Funds|Funds|Funds|Funds|Funds|
||£|£|£|£|£|£|
|2aDonations and Legacies|||||||
|2b Income from Charitable|||||||
|Activities|||||||
|MainAssessments|250,878|-|250,878|274,138|-|274,138|
|CircuitOffice<br>Rentals|782<br>7,500|-<br>-|782<br>7,500|1,344<br>7,376|-<br>-|1,344<br>7,376|
|Connexional Funds|7,940|-|7,940|9,079|-|9,079|
|MethodistWomen in Britain|-|1,965|1,965|-|165|165|
|Mission Fund|-|-|-|-|647|647|
|Funeral Levies|1,540|-|1,540|1,760|-|1,760|
|Wedding Levies|175|-|175|100|-|100|
|Sundry& OtherIncome<br>Spotlight|834<br>-|-<br>-|834<br>.|2,536<br>663|-<br>-|2,536<br>663|
||269,649|1,965|271,614|296,996|812|297,808|
|2cInvestmentIncome<br>Interest anddividends|397|3,057|3,454|2,166|6,691|8,857|
|Gain from sale ofinvestment assets|-|-|-|-|-|-|
||397|3,057|3,454|2,166|6,691|8,857|
|2d Other Income|||||||
|Gainfromthe saleoffixed assets|-|149,689|149,689|-|-|-|
|BarughChurch transferred to circuit|120,000|-|120,000|5|-|-|
|Hoyland Church for sale|-|340,000|340,000|-|-|-|
|CJRS Grant (Furlough)|29,850|7,282|37,132|15,005|-|15,005|
||149,850|496,971|646,821|15,005|-|15,005|



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BARNSLEY METHODIST CIRCUIT 

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## NOTES TO THE FINANCIAL STATEMENTS continued 

## YEAR ENDED 31 AUGUST 2021 

|3.|Expenditure|||||||
|---|---|---|---|---|---|---|---|
|||||2021|||2020|
|||Unrestricted <br>Funds|Restricted<br>Funds|Total<br>Funds|Unrestricted <br>Funds|Restricted<br>Funds|Total<br>Funds|
|||£|£|£|£|£|£|
||3a Expenditure on Charitable Activities|||||||
||Stipends|178,637|-|178,637|173,747|-|173,747|
||Salaries|41,155|-|41,155|18,830|-|18,830|
||Travel|5,867|-|5,867|8,310|-|8,310|
||Manses Expenses:|||||||
||Council Tax|10,780|-|10,780|10,555|-|10,555|
||Water Rates|2,673|-|2,673|2,313|-|2,313|
||Maintenance|7,095|-|7,095|11,158|-|11,158|
||Insurance|4,590|-|4,590|4,462|-|4,462|
||Spotlight<br>Mission fund: salaries|-<br>-|-<br>-|-<br>-|1,087<br>-|-<br>13,003|1,087<br>13,003|
||LayWorkerexpenses|-|-|-|-|843|843|
||Grants|-|43,596|43,596|-|12,163|12,163|
||Other|-|-|-|-|1,973|1,973|
||ManagementandAdministration:|||||||
||Telephone<br>Postage, printingand stationery|4,315<br>2,772|-<br>-|4,315<br>2,772|3,989<br>2,266|-<br>-|3,989<br>2,266|
||Website<br>CircuitOfficeRent<br>Books andCourses|562<br>3,000<br>1,162|-<br>-<br>-|562<br>3,000<br>1,162|562<br>3,000<br>1,961|-<br>-<br>-|562<br>3,000<br>1,961|
||Professional andLegal|3,502|848|4,350|-|1,354|1,354|
||Sheffield and DistrictAssessment|69,420|-|69,420|69,420|-|69,420|
||Circuit Office|1,103|-|1,103|3,410|-|3,410|
||Connexional Funds|7,594|-|7,594|9,079|-|9,079|
||MethodistWomen in Britain|-|2,000|2,000|-|400|400|
||Quinquennial Costs|5,394|-|5,394|5,609|-|5,609|
||Rental Property Costs|1,829|-|1,829|1,868|-|1,868|
||Sundries|511|-|511|460|-|460|
||DistrictLevy|-|16,358|16,358|-|24,792|24,792|
||Depreciation|1,325|-|1,325|971|-|97]|
||Churches Accounts& Payroll|2,250|-|2,250|3,180|-|3,180|
||Governance Audit/IE|950|-|950|935|-|935|
||ProjectExpenditure:|||||||
||Hemsworth SoftPlayProject|-|-|-|-|144,959|144,959|
||Total|356,486|62,802|419,288|337,172|199,487|536,659|
||3b Other Expenditure|||||||
||CJRS GranttoChurches|29,850|-|29,850|15,005|-|15,005|
||Connexional Levyon Sale ofAssets|-|139,875|139,875|-|-|-|
|||29,850|139,875|169,725|15,005|-|15,005|



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## BARNSLEY METHODIST CIRCUIT 


**----- Start of picture text -----**<br>
|||||||
|---|---|---|---|---|---|
|NOTES TO THE FINANCIAL STATEMENTS continued|
|YEAR|ENDED|31|AUGUST|20212021£|2020£|
|Mission|Fund|Grants:|
|The Exodus|Project|6,000|6,000|
|Hemsworth Little Fishes|-|6,163|
|One-off Events/Small|Grants|669|-|
|Barnsley Churches|Drop-In Project|1,000|.|
|Street|Pastors|1,000|-|
|Emmanuel|Ignite|Schools|Project|30,000|-|
|NE|Streaming|Services|4,927|-|
|43,596|12,163|
|Employee emoluments|
|Wages|and|salaries|37,468|28,939|
|Employer NI|contributions|1,524|1,290|
|Pension|cost|2,163|1,604|
|41,155|31,833|

**----- End of picture text -----**<br>


No employee received emoluments of more than £60,000 

During the year, the charity employed one part-time administrator (2020: 1) and two part-time lay workers (2020: 2). The employees are also Trustees of the charity and remuneration is included in note 10 to the accounts. 

## 4. Tangible Fixed Assets 


**----- Start of picture text -----**<br>
|||||||
|---|---|---|---|---|---|
|Freehold|Property|
|Land & Buildings|Improvements|Total|
|£|£|£|
|Original Cost|
|As @ 01|September 2020|1,270,000|18,883|1,288,883|
|Additions|in the year|120,000|3,540|123,540|
|Disposals|(250,000)|-|(250,000)|
|As @|31|August 2021|1,140,000|22,423|1,162,423|
|Depreciation|
|As @|01|September 2020|-|2,913|2,913|
|Depreciation|charge|-|1,325|1,325|
|As @|31|August 2021|-|4,238|4,238|
|Net|Book|Value|
|As @ 01|September 2020|1,270,000|15,970|1,285,970|
|As @|31|August 2021|1,140,000|18,185|1,158,185|

**----- End of picture text -----**<br>


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BARNSLEY METHODIST CMCUIT 

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| 

## NOTES TO THE FINANCIAL STATEMENTS continued 

## YEAR ENDED 31 AUGUST 2021 

## 5. Investments 

|5.|Investments|||
|---|---|---|---|
|||2021|2020|
|||£|£|
||Marketvalueat 1 September<br>Additions inthe year|424,202<br>402,747|677,037<br>6,691|
||Expenditure/Disposals in theyear|(246,873)|(257,491)|
||Increase inthe year|20,966|(2,035)|
||Marketvalue at31 August|601,042|424,202|
||Investments are represented by|||
||Listed investments|33,954|28,688|
||Cashbalances|567,088|395,514|
||Total investments|601,042|424,202|
||Gainon investments|20,966|(2,035)|
|6.|Debtors|||
|||2021|2020|
|||£|£|
||Debtors|-|-|
||Prepayments|14,731|17,303|
|||14,731|17,303|
|7.|InvestmentAssets heldforResale|||
|||2021|2020|
|||£|£|
||Hoyland Church - closed2021|340,000|-|
|||340,000|:|
|8.|Creditors|||
|||2021|2020|
|||£|£|
||Creditors &Accruals|950|935|
|||950|935|



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BARNSLEY METHODIST CIRCUIT 

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## NOTES TO THE FINANCIAL STATEMENTS continued YEAR ENDED 31 AUGUST 2021 

## a 

## 9. Commitments Under Operating Leases 

At 31 August the Circuit had aggregate annual commitments under non- cancellable operating leases relating to land and buildings as set out below. 


**----- Start of picture text -----**<br>
2021 2020<br>Operating leases expiring within | year f - £ :<br>**----- End of picture text -----**<br>


## 10. Trustee Remuneration 

No trustee received any remuneration in connection with their duties as Trustees. A number of Trustees are classed as employees of the Circuit and are paid a stipend or salary in their connection with their duties as employees. Ministers are appointed by Methodist Connexion in accordance with CPD. Lay Workers are appointed by the Circuit Meeting in accordance with CPD. During the year two Supernumery Ministers were engaged on part time contracts. 

| 

| 

|Name|Position|Stipend or <br>Salary<br>£|Employers'<br>NICs<br>£|Pension<br>Total<br>Contributions —Cost<br>£<br>£|Pension<br>Total<br>Contributions —Cost<br>£<br>£|
|---|---|---|---|---|---|
|2020/21||||||
|ReverendMichaelNeal<br>ReverendCameronStirk<br>ReverendBenSrivens<br>Reverend Marian Olsen<br>Reverend ClaireRawlinson<br>JayneWragg|Superintendent Minister<br>Minister<br>Minister<br>Minister<br>Minister<br>CircuitAdministrator|28,273<br>25,718<br>25,718<br>23,566<br>25,718<br>13,854|2,686<br>2,333<br>2,333<br>2,138<br>2,333<br>696|6,873<br>6,873<br>6,873<br>6,293<br>6,873<br>1,611|37,832<br>34,924<br>34,924<br>31,997<br>34,924<br>16,161|
|Eleanor Peet|CircuitLayWorker|12,594|522|-|13,116|
|LindaStammers|CircuitLayWorker|11,020|305|552|11,877|
|||166,461|13,346|35,948|215,755|
|2019/20<br>ReverendMichael Neal<br>ReverendCameron Stirk<br>ReverendBen Srivens<br>ReverendMarian Olsen<br>Reverend ClaireRawlinson|SuperintendentMinister<br>Minister<br>Minister<br>Minister<br>Minister|27,563<br>25,073<br>25,073<br>25,073<br>25,073|2,604<br>2,261<br>2,261<br>2,261<br>2,261|6,700<br>6,700<br>6,700<br>6,700<br>6,700|36,867<br>34,034<br>34,034<br>34,034<br>34,034|
|JayneWragg<br>EleanorPeet<br>LindaStammers|Circuit Administrator<br>CircuitLayWorker<br>CircuitLay Worker|13,728<br>12,480<br>2,730|695<br>521]<br>74|1,604<br>-<br>“|16,027<br>13,001<br>2,804|
||pss||||ie|
|||156,793|12,938|35,104|204,835|



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BARNSLEY METHODIST CIRCUIT 

NOTES TO THE FINANCIAL STATEMENTS continued YEAR ENDED 31 AUGUST 2021 

## 11. Trustee Expenses 

No Trustee claimed any expenses in connection with their duties as a Trustee. Expenses were claimed in relation to duties performed for the charity by 6 Ministers, Supernumerary Ministers and Lay Workers (2020: 7). 


**----- Start of picture text -----**<br>
||||
|---|---|---|
|2021|2020|
|£|£|
|Travel|5,867|9,120|
|Office and administration|1,021|657|
|Telephone|2,030|1,675|
|Other expenses|265|303|
|Total|9,183|11,755|
|_|—<<—<|

**----- End of picture text -----**<br>


## 12. Pensions 

Ministers are members of the Methodist Ministers’ Pension Scheme (MMPS). This is a defined benefit scheme. Connexion accounts for the MMPS and shows the figures in the annual Methodist Church in Great Britain accounts. Therefore, only the contributions paid by the Circuit to Connexion are included in the Circuit’s accounts. Lay employees have the option ofjoining a defined contribution pension scheme established under Government auto-enrolment pension regulations. The Circuit also pays contributions to a private, defined contribution pension scheme of the Circuit Administrator. 

## 13. Costs relating to the Chair of the Circuit 

The Superintendent Minister is the Chair of the Circuit Meeting. As stated in note 11 the chair does not receive any remuneration in relation to his duties as a Trustee. He is paid a stipend for his duties as a Minister and claims for expenses in connection with the duties of his employment. He is required to occupy a manse which is provided by the Circuit. The notional cost of providing the manse has been estimated by reference to the rental value and maintenance costs of similar properties owned and let by the Circuit. The total cost of the Chair is: 


**----- Start of picture text -----**<br>
||||||
|---|---|---|---|---|
|2021|2020|
|£|£|
|Stipend ofReverend Michael Neal|28,273|27,563|
|Employer's National|Insurance|contributions|2,686|2,604|
|Employer's|pension contributions|6,873|6,700|
|37,832|36,867|
|Notional|estimate of cost of providing manse|12,750|12,500|
|Chair's|expenses|2,227|3,639|
|Total cost|52,809|53,006|

**----- End of picture text -----**<br>


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BARNSLEY METHODIST CIRCUIT 

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## NOTES TO THE FINANCIAL STATEMENTS continued 

## YEAR ENDED 31 AUGUST 2021 

## 14. Related Party Transactions 

There were no transactions with any person or party closely related to a trustee, during this or the previous financial period. 

## 15. Restricted Funds 

The funds of the charity include restricted funds comprising the following unexpended balances of funds held on trust to be applied for specific purposes. 

||Balance b/f|Incoming|Resources||Balance c/f|
|---|---|---|---|---|---|
||01/09|Resources|Expended|Transfers|31/08|
||£|£|£|£|£|
|2021||||||
|SouthHiendley<br>Model TrustFund|89,431<br>335,222|17,301<br>156,411|(179)<br>(156,902)|(1,422)<br>161,180|105,131<br>495,911|
|Property held forresale|-|340,000|-|-|340,000|
|MethodistWomen in Britain|172|1,965|(2,000)|-|137|
|Mission Fund|90,584|7,282|(43,596)|33,670|87,940|
||515,409|522,959|(202,677)|193,428|1,029,119|
|2020||||||
|South Hiendley|90,951|1,757|(1,701)|(1,576)|89,431|
|Model Trust Fund|586,538|4,934|(171,439)|(84,811)|335,222|
|Property held for resale|-|-|-|-|-|
|MethodistWomen inBritain|407|165|(400)|-|172|
|MissionFund|117,919|647|(27,982)|-|90,584|
||795,815|7,503|(201,522)|(86,387)|515,409|



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- « The South Hiendley restricted funds were transferred to the Circuit following the church closure. 

- » The Model Trust Fund (previously the Circuit Advance Fund) is a capital fund. If the circuit purchases or disposes of any land or property, whether it be a manse or a church, this fund is used either to fund the purchase or deposit the disposal proceeds. Fund transfers in 2020-21 include a sum of £250,000 transferred-in from unrestricted funds, this being the book value of the manse sold during the year. 

- " Methodist Women in Britain Funds are classified as restricted on the advice of the District. 

i 

- « The Mission Fund has been established to support new mission opportunities. The 2021 transfers-in, includes £25,301 relating to the prior year. 

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## BARNSLEY METHODIST CIRCUIT 

## NOTES TO THE FINANCIAL STATEMENTS continued 

## YEAR ENDED 31 AUGUST 2021 

## 16. Designated Funds 

|16. Designated FundsDesignated FundsFunds||||
|---|---|---|---|
||2021||2020|
|Quinquennial and electrical inspections|£<br>12,500||£<br>13,000|
|Manse redecoration|8,000||7,500|
|Removal and relocation|5,000||5,000|
|Planned ministerial appointment2022|50,000|-||
||75,500||25,500|



## 17, Analysis of Assets between Funds 

|17, Analysis ofAnalysis ofAssets between Fundsbetween Funds|Assets between Fundsbetween FundsFunds||||
|---|---|---|---|---|
|||Tangible|Other||
||Investments|FixedAssets|Assets|Total|
||£|£|£|£|
|31/08/2021|||||
|Unrestricted Funds|-|1,158,185|213,681|1,371,866|
|Designated Funds|-|-|75,500|75,500|
|Restricted Funds|601,042|-|428,077|1,029,119|
||601,042|1,158,185|717,258|2,476,485|
|31/08/2020|||||
|Unrestricted Funds|-|1,285,970|295,764|1,581,734|
|Designated Funds|-|-|25,500|25,500|
|Restricted Funds|424,202|-|91,207|515,409|
||—_<br>424,202|——___.<br>1,285,970|—<br>412,471|—_<br>2,122,643|



## 18. Classification of Property 

In accordance with guidance notes issued in 2008 by the Methodist Church, the Circuit’s property is classified in the accounts as part of unrestricted funds. Profit from property sales is classed as restricted and paid into the Model Trust Fund. 

Page | 22 



uo 

BARNSLEY METHODIST CIRCUIT 

## NOTES TO THE FINANCIAL STATEMENTS continued 

YEAR ENDED 31 AUGUST 2021 

## 19. Trustees 

MRREV LESLIE CAMERON HOWARTH STIRK MRS MARJORIE MICKLETHWAITE MR PETER MULROONEY - resigned August 2021 MRS JAYNE WRAGG MRS HEATHER HAGUE MISSMISS MARYGWENYTH REASONHARRISON REV EILEEN SANDERSON MRS CATHERINE ANN MOSLEY REV LOUISE DAWSON MRREVMICHAEL MICK NEALSANDERSON REV ALAN SAXBY MRS ELLIE PEET MR BILL PLATTS MRS BARBARA TEWSON MRS MARGARET MARSHALL —resigned June 202] MR KEITH JOWETT MRS HAZEL HAWDEN MR DAVID SHONE MRS JOYCE BARNES MISS ELIZABETH HAIGH MR JOHN HAMBLETON MISS JANET CROSSSLEY MRS ELIZABETH ANN HAMBLETON MRS EILEEN MARGARET ANN MCHALE MRS BERYL PLATTS MRS CHENERUSAYA MAKUMBE REV CLAIRE RAWLINSON MRS DAWN WEBSTER MRS HAZEL BONSON- resigned August 2021 MR ALEC OLSEN - resigned August 202] REV BENJAMIN SCRIVENS MR JOHN FEASBY — resigned February 2021 MRS JANET STEELE ~ resigned June 2021 MRS JUNE KILNER MRS MAUREEN ROEBUCK MR RICHARD CALEY MRS DEBBIE CALEY MRS ANNE HAMBY MRS PAMELA RIBBON — resigned June 2021 MRS DEBORAH EVANS MRE FRED LANDON MRS GLORIA DAWSON - resigned June 2021 MR DAVID GRIMES 

Appointed 01/09/2020: vine MARYSopoWS. 

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