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← The Methodist Church - Barnsley Circuit

2025-08-31-accounts

BARNSLEY METHODIST CIRCUIT REPORT AND ACCOUNTS YEAR ENDED 31 AUGUST 2025

Registered Charity Number: 1135240

BARNSLEY METHODIST CIRCUIT

TRUSTEES’ REPORT AND ACCOUNTS

YEAR ENDED 31 AUGUST 2025

CONTENTS

Page
Legal andAdministrative Information 3
Trustees’ Report 4-9
Independent Auditor’s Report 10-12
Statement ofFinancial Activities 13
Balance Sheet 14
Statement ofCash Flows 15
NotestotheFinancialStatements 16-29

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BARNSLEY METHODIST CIRCUIT

LEGAL AND ADMINISTRATIVE INFORMATION

YEAR ENDED 31 AUGUST 2025

Principal Office Barnsley Methodist Church Circuit Office Emmanuel Methodist Church Huddersfield Road Barnsley 875 1DT

Circuit Administrator Carol Jewkes

Accountant Angela Hayes Community Accountant 22 Brocklehurst Avenue Barnsley S70 3EE

Registered Auditors GBAC Limited Old Linen Court 83-85 Shambles Street Barnsley S70 2SB Principal Bankers HSBC 5 Market Hill Barnsley S70 2PY

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

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

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BARNSLEY METHODIST CIRCUIT

TRUSTEES’ REPORT

YEAR ENDED 31 AUGUST 2025

The Barnsley Methodist Circuit Trustees submit their Annual Report and Financial Statements for the year ended 31 August 2025. 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, Registered Charity Number 1135240.

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”.

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

Superintendent Minister — Chairman Other Circuit Ministers and employed Lay workers 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 22 to the financial statements. The position of Treasurer is currently vacant and the Circuit Resources Team takes on this role.

Ministers and Lay workers 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 are expected to undertake safeguarding training as a condition of appointment.

Day-to-day management 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.

RELATED PARTIES

The charity is part of the Methodist Church which includes the Connexion, Districts and local churches. Barnsley Methodist Circuit is part of the Sheffield District and supports the following local multi-site churches:

Methodist Church Barnsley South (registered charity number 1193107). Methodist Church Barnsley North East (registered charity number 1185800). Methodist Church Barnsley North West (registered charity number 1135136).

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BARNSLEY METHODIST CIRCUIT

TRUSTEES’ REPORT continued

YEAR ENDED 31 AUGUST 2025

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, some online, and including weddings and funerals.

The Circuit Leadership Team (CLT) has continued to provide representative and accountable leadership in the life of the Circuit, meeting regularly throughout the year and playing an active part in important discussions and planning around the Circuit’s finances and staffing. Membership of the Circuit Leadership Team is approved by the Circuit Meeting annually.

During the year the CLT continued to pursue the 2024-2027 three-year Mission Plan for the Circuit built around the four elements of Our Calling, reviewed progress against the Plan regularly, and has started a number of new initiatives in response to the Plan. In the course of the year a number of grants of up to £500 were given for new mission work being undertaken by churches and chapels, supporting a range of innovative initiatives.

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. Churches were encouraged to support the Barnsley Foodbank Partnership, to renew their commitment to Fairtrade, and to seek to address environmental issues in seeking to become Eco churches. A number of churches continue to offer warm spaces for their local community.

Following the death of the Superintendent Minister in December 2024, the vacancy was not filled (Methodist appointments run from September). The Minister for the NW took on the responsibilities of Superintendent and the Minister for the NE extended her role to the South church. After the Deacon curtailed her appointment from July 2024 for personal reasons, the position remained vacant until an appointment was made from September 2025.

Following the plan on ministerial staffing of these vacant positions, including the moving on of the NE Minister from July 2025, the circuit sought to appoint replacements. A new Minister and Deacon joined the circuit in September 2025

The Circuit continues to employ a part time Administrator to support its work, and several part time Lay Workers in the Churches of the Circuit. New Lay Workers were also appointed when positions became vacant.

The Circuit Leadership Team continued to provide support to the Circuit Staff and wider family of the church.

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BARNSLEY METHODIST CIRCUIT

TRUSTEES’ REPORT continued

YEAR ENDED 31 AUGUST 2025

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 chapels. A full programme of repairs and improvements has been progressed so that the chapels 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.

Due to the closure of a number of chapels, the Circuit has taken responsibility for the former chapel buildings of Shafton, Cudworth, New Hope, Valley Darfield and Silkstone Common. At the time of writing the Shafton building is vacant but going through a process to assess if can be opened with community involvement, for community use. Cudworth is occupied by the Exodus Project working with young people but is currently under offer with a view to sale, and a Play Café and Tea Room is operating at Valley Darfield. The progress to sale of the New Hope premises was agreed.

In this financial year the Silkstone Common property has transferred to the responsibility of the Circuit and is also going through a process to assess if it can be opened with community involvement, for community use. The NW Church acts as agent for the Circuit in relation to the accounts of Silkstone Common.

In order to better manage the properties in their care the Trustees appointed Forge Partnerships to give support with maintenance, reviewed & developed a property strategy with Sheffield District and began with advice from TMCP to transfer contracts to a lease footing. To assist with these property matters the Circuit employed a part time Property Coordinator from Spring 2025.

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. The Circuit has also generated rental income from its properties at Cudworth, Valley Darfield and Silkstone Common.

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. Buildings that are to be sold 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.

The Circuit retains sufficient funds in reserve to cover any emergency maintenance costs and capital expenditure that may be required.

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BARNSLEY METHODIST CIRCUIT

TRUSTEES’ REPORT continued

YEAR ENDED 31 AUGUST 2025

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). The funds of the charity at the balance sheet date are analysed below:

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|||||||||| |---|---|---|---|---|---|---|---|---| |2025|2024| |£|£| |Total|Funds|at|31st August|3,640,316|3,426,046| |Restricted|Funds|(1,128,014)|(1,285,131)| |Designated|Funds|(34,500)|(31,450)| |Tangible|Fixed|Assets|(1,345,301)|(1,347,309)| |Investment Property|(665,000)|(400,000)| |Total|Unrestricted Reserve|467,501 _|362,156| |50%|of forecast|annual|expenditure|on|Circuit|Activities|252,737|253,633| |(Deticit)/excess|reserves|held|at balance|sheet date|214,764|108,523|

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Designated funds are those set aside for future commitments/planned activities. Designated funds held at the year end are detailed in note 18 of the accounts.

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. Any excess reserve will be used in furtherance of the charitable activities.

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 of the funds and investment strategy is the responsibility of the Circuit.

There are no bench marks for the expected returns or appreciation on investments. It is the Circuit's policy to manage the cash and investment resources of the Circuit so that a rate of return on investment is obtained at least as good as market rate, considering the Circuit's low appetite for risk.

The Circuit trustees’ investment policy is aligned with that of the Central Finance Board of the Methodist Church (CFB) and the Trustees for Methodist Church Purposes (TMCP) that takes into consideration the social, environmental and ethical considerations, both negatively and positively, that make investments suitable for the Methodist Church.

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.

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BARNSLEY METHODIST CIRCUIT

TRUSTEES’ REPORT continued

YEAR ENDED 31 AUGUST 2025

Financial Risk

The Circuit’s main source of funds is 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 the Circuit, if redeployed 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.

Reputational Risk

The Circuit, churches within the Circuit and the wider Methodist Connexion have contact with vulnerable adults and children which presents 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.

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. This will include continuing to implement the three-year Mission Plan, and in particular continuing to use Circuit finances to support the work of churches and chapels, holding an annual event to provide challenge and inspiration about mission opportunities, improving Local Preacher development and recruitment, sharing resources for worship about issues of social justice, and exploring the positive opportunities which come with the change of ministers.

EVENTS AFTER THE END OF THE REPORTING PERIOD

There were no events after the end of the reporting period to disclose.

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BARNSLEY METHODIST CIRCUIT

TRUSTEES’ REPORT continued

YEAR ENDED 31 AUGUST 2025

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

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:

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.

STATEMENT OF DISCLOSURE TO THE AUDITORS

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

Approved by the trustees and signed on their behalf by:

REVEREND LYN GREGG TRUSTEE

Date: Qe” Marth 2026

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BARNSLEY METHODIST CIRCUIT

INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES OF BARNSLEY METHODIST CIRCUIT

YEAR ENDED 31 AUGUST 2025

Opinion

We have audited the financial statements of Barnsley Methodist Circuit (the ‘charity’) for the year ended 31 August 2025 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and the notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditors' report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

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BARNSLEY METHODIST CIRCUIT

INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES OF BARNSLEY METHODIST CIRCUIT

YEAR ENDED 31 AUGUST 2025

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the statement of trustees’ responsibilities, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable incorporated organisation or to cease operations, or have no realistic alternative but to do so.

Auditors’ responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with S154 of the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditors' report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

We obtained an understanding of the Charity and the sector in which it operates to identify laws and regulations that could reasonably be expected to have a direct effect on the financial statements. We obtained our understanding in this regard through discussions with management, application of cumulative audit knowledge and experience of the sector.

We determined the principal laws and regulations relevant to the Charity in this regard to be those arising from the Charities Act 2011, Local tax laws and regulations, Anti Money Laundering Legislation and Bribery Act 2010.

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BARNSLEY METHODIST CIRCUIT

INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES OF BARNSLEY METHODIST CIRCUIT

YEAR ENDED 31 AUGUST 2025

We designed our audit procedures to ensure the audit team considered whether there were any indications of non-compliance by the Charity with those laws and regulations. These procedures included, but were not limited to; a review of the Board minutes throughout the year and post year end. A review of general ledger transactions and discussions with management.

We also identified the risks of material misstatement of the financial statements due to fraud. We considered, in addition to the non-rebuttable presumption of a risk of fraud arising from management override of controls, including the potential for management bias identified in relation to the provisions and estimates and we addressed this by challenging the assumptions and judgements made by management when auditing that significant accounting estimate.

As in all of our audits, we addressed the risk of fraud arising from management override of controls by performing audit procedures which included but were not limited to: the testing of journals; reviewing accounting estimates for evidence of bias; and evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https:/Avww.frc.org.uk/auditorsresponsibilities. This description forms part of our auditors’ report.

Use of our report

This report is made solely to the charity's trustees, as a body, in accordance with part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditors’ report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.

26.03.2026

GBAC Limited Statutory Auditor

Old Linen Court

83-85 Shambles Street Barnsley South Yorkshire $70 2SB

GBAC Limited is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under Part 42 of the Companies Act 2006.

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BARNSLEY METHODIST CIRCUIT

STATEMENT OF FINANCIAL ACTIVITIES

YEAR ENDED 31 AUGUST 2025

Unrestricted Restricted Total Total
Note Funds Funds 2025 2024
£ £ £ £
IncomingResources
Donations and legacies 2a 895 - 895 370
Income from charitable activities 2b 363,954 3,690 367,644 346,537
Investment income 2¢ 20,856 14,197 35,053 42,113
Otherincome 2d 235,707 - 235,707 42,240
Total incoming resources 621,412 17,887 639,299 431,260
Resources expended
Expenditure on charitable activities 3a 410,515 24,959 435,474 506,042
Investment asset costs 3b 2,127 - 2,127 5,008
Otherexpenditure 3c 7,449 - 7,449 8,060
Total resources expended 420,091 24,959 445,050 519,110
Net incoming resources 201,321 (7,072) 194,249 (87,850)
Transfers between funds 17 170,066 (170,066) - -
Net incoming resources 371,387 (177,138) 194,249 (87,850)
Other recognised gains and losses
Gain/(loss) on investments 6 - 21 21 2,438
Revaluation offixed assets - 20,000 20,000 “
Netmovement in funds 371,387 (157,117) 214,270 (85,412)
Balance brought forward 2,140,915 1,285,131 3,426,046 3,511,458
TotalFundsCarriedForward 2,512,302 1,128,014 3,640,316 3,426,046

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 £25,105, restricted income from charitable activities of £6,734 and restricted other income of £42,240. All other prior year income is unrestricted.

Prior year expenditure on charitable activities includes £47,803 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

BALANCE SHEET

AS AT 31 AUGUST 2025

2025 2024
Note £ £ £ £
Fixed assets
Tangible fixed assets 4 1,345,301 1,347,309
Investmentproperty 5 665,000 400,000
Investments 6 203,725 363,096
Total fixed assets 2,214,026 2,110,405
Current assets
Debtors 7 29,885 15,553
Investments held forresale 8 770,000 790,000
Cash atbankand in hand 634,356 519,137
Total current assets 1,434,241 1,324,690
Liabilities
Creditors: 9
amounts falling due within oneyear (7,951) (9,049)
Netcurrent assets 1,426,290 1,315,641
Net assets 3,640,316 3,426,046
Funds of the charity 16/18
Unrestricted funds 2,477,802 2,109,465
Designatedfunds 34,500 31,450
Restricted funds 1,128,014 1,285,131
Totalfunds 3,640,316 3,426,046

The trustees declare that they have approved the accounts above. Signed on behalf of the charity’s trustees:

Signed: UGieg9

Dated: March Qo2b

REVEREND LYN GREGG TRUSTEE

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BARNSLEY METHODIST CIRCUIT

STATEMENT OF CASH FLOWS

AS AT 31 AUGUST 2025

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|||||||||| |---|---|---|---|---|---|---|---|---| |Total|Prior Year| |Funds|Funds| |£|£| |Cash|flows from|operating|activities:| |Net cash provided by|(used|in)|operating|activities|(79,226)|(148,435)| |Cash|flows from|investing|activities:| |Dividends,|interest and|rents|from|investments|35,053|42,113| |Purchase|of property|and|equipment|-|(5,000)| |Proceeds|from|the|sale of property|-|-| |Proceeds|from|the|sale|of investments|-|-| |Additions/disposals|in|the|year|159,392|279,634| |194,445|316,747| |Cash|flows|from|financing|activities:|-|-| |Change in cash and cash equivalents|in the|115,219|168,312| |reporting|period| |Cash and cash equivalents|at the|beginning of|the reporting|519,137|350,825| |period| |Cash and|cash|equivalents|at the end|of the|reporting|period|634,356|519,137| |Reconciliation|of net|income/(expenditure)|to|net|cash|inflow| |from|operating|activities:| |Net movement|in|funds|for the|reporting|period| |(as|per|the|Statement|of Financial|Activities)|214,270|(85,412)| |Adjustments|for:| |Depreciation|2,008|2,009| |(Gains)/losses|on|investments|(21)|(2,438)| |Dividends,|interest|and|rents|from|investments|(35,053)|(42,113)| |Value|of fixed|assets|transferred|to|Circuit|(225,000)|-| |Revaluation of|assets|(20,000)|-| |(increase)/decrease|in|debtors|(14,332)|5,046| |increase/(decrease)|in|creditors|(1,098)|(25,527)| |Net cash provided|by(used|in) operating activities|(79,226)|~|(148,435)|

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BARNSLEY METHODIST CIRCUIT

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 AUGUST 2025

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).

The financial statements are prepared in pounds sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest pound.

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 open-market values. The trustees took 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.

(b) Critical accounting estimates and judgements

In the application of the Charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

(c) Going Concern Note

After reviewing the charity’s projections and its reserves, the trustees have reasonable expectation that the charity has adequate resources to continue in operation for the foreseeable future. The going concern assumption is based on past and current performance, together with the agreed budget for 2026-27, which runs to the end of August 2027. The charity has a healthy reserve and there are no material uncertainties in the twelve-month period following the signing of the accounts. The charity therefore continues to adopt the going concern basis in preparing its financial statements.

(d) Incoming resources

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 and income for activities undertaken for charitable purposes. Income from other trading activities includes income from fundraising and non-charitable trading activities. Investment income is earned from holding assets for investment purposes.

(e) 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 accounts.

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BARNSLEY METHODIST CIRCUIT

NOTES TO THE FINANCIAL STATEMENTS continued

YEAR ENDED 31 AUGUST 2025

(f) 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.

(g) 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.

(h) 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.

(i) Investment property

Church buildings are under the stewardship of the Methodist Church but are transferred to the Circuit upon church closure. Church buildings that are to be retained by the charity for investment purposes are recognised at valuation price and are classified as fixed assets on the balance sheet.

(j) Investment assets held for sale

Church buildings are under the stewardship of the Methodist Church but are transferred to the Circuit upon church closure. Buildings that are to be sold are recognised at valuation price. Investment Assetsfor sale are classified as current assets on the balance sheet and recognised in the Statement of Financial Activities as *other income’.

(k) Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

(I) Financial instruments

The Company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised when the Charity becomes party to the contractual provisions of the instrument. Financial assets are offset, with the net amounts presented in the accounts when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

(m) Basic financial assets

Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

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BARNSLEY METHODIST CIRCUIT

NOTES TO THE FINANCIAL STATEMENTS continued

YEAR ENDED 31 AUGUST 2025

(n) Basic financial liabilities

Basic financial liabilities, including trade and other payables, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers.

Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

De-recognition of financial liabilities - Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

(o) Gifts and intangible income

Gifts and intangible income are accounted for when they are received and are included at the trustees’ valuation of their worth to the Circuit.

(p) Government Grants

Grants are recognised as income when received. They are accounted for using the performance method. If performance-related conditions are not met then a grant is recognised as a liability in the balance sheet as deferred income. Deferred income is released to income in the reporting period in which performance-related or other conditions that limit recognition are met.

(q) Restricted and unrestricted 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.

(r) 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.

(s) 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 2025

2. Incoming Resources

2. Incoming Resources
2025 2024
Unrestricted Restricted Total Unrestricted Restricted Total
Funds Funds Funds Funds Funds Funds
£ £ £ £ £ £
2a Donations and Legacies
Donations 895 - 895 370 - 370
895 - 895 ee
2b Income from Charitable
Activities
MainAssessments 305,700 - 305,700 288,400 - 288.400
Circuit Office 420 - 420 751 - 751
Rental Income 51,145 - 51,145 43,853 - 43,853
Connexional Funds 5,384 - 5,384 6,209 - 6,209
Mission Fund - 3,690 3,690 - 6,734 6,734
Funeral& Wedding Levies - - - 265 - 265
Sundry& OtherIncome 1,305 - 1,305 325 ~ 325
363,954 3,690 367,644 339,803 6,734 346,537
2c Investment Income
Interest and Dividends 20,856 14,197 35,053 17,008 25,105 42,113
Gain from Sale ofInvestment Assets - - - - - -
20,856 14,197 35,053 17,008 25,105 42,113
2d Other Income
Transfers-in from SilkstoneCommon 10,707 - 10,707 - - =
Transfer ofChurch Buildings to Circuit 225,000 - 225,000 - - -
Refund of Donation to Pension Deficit - - - - 42,240 42,240
235,707 - 235,707 - 42,240 42,240

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BARNSLEY METHODIST CIRCUIT

NOTES TO THE FINANCIAL STATEMENTS continued

YEAR ENDED 31 AUGUST 2025

3.
Resources Expended
2025 2024
Unrestricted Restricted Total Unrestricted Restricted Total
Funds Funds Funds Funds Funds Funds
£ £ £ £ £ £
3a Expenditure on Charitable Activities
Stipends 105,251 - 105,251 163,946 - 163,946
Salaries 128,916 - 128,916 123,690 - 123,690
Travel 8,685 - 8,685 10,431 - 10,431
Preaching fees 930 - 930 18 - 18
Manses Expenses:
Council Tax 5,438 - 5,438 9,095 - 9,095
WaterRates& Utilities 4,742 - 4,742 1,136 - 1,136
Maintenance& repairs 8,032 - 8,032 9,589 - 9,589
Insurance 4,818 - 4,818 4,839 - 4,839
Manse other 1,310 - 1,310 - - ;
Mission fund:
Grants - 627 627 - 2,250 2,250
Other - 4,695 4,695 - 4,612 4,612
MethodistWomen in Britain - 137 137 - - -
Management and Administration:
Telephone 1,982 - 1,982 3,385 - 3,385
Postage, printing and stationery 994 - 994 1,538 - 1,538
Website 659 - 659 670 - 670
Quarterlymagazine 1,209 - 1,209 840 - 840
Circuit Office Rent 3,000 - 3,000 3,000 - 3,000
Circuit Office Insurance 448 - 448 423 - 423
Books, courses& training 3,029 - 3,029 1,785 - 1,785
Professional andLegal 2,492 1,179 3,671 660 1,825 2,485
Sheffield and DistrictAssessment 76,416 - 76,416 72,028 - 72,028
Connexional Funds 5,384 - 5,384 10,616 - 10,616
Quinquennial& Electrical Costs 4,720 - 4,720 4,155 - 4,155
Rental PropertyExpenses 23,866 - 23,866 22,025 - 22,025
Sundries& miscellaneous 2,324 - 2,324 1,571 - 1,571
DistrictLevy - 18,321 18,321 - 39,116 39,116
Depreciation 2,008 - 2,008 2,009 - 2,009
Bank charges
—		 62 - 62 64 - 64
Churches Accounts&payroll 3,126 - 3,126 3,064 - 3,064
CircuitAudit&Accountancy 10,674 - 10,674 7,662 - 7,662
3b InvestmentAsset Costs
Hoyland propertyrunning costs - - - 1,881 - 1,881
NewHope insurance& fees 2,127 - 2,127 3,127 - 3,127
2,127 - 2,127 5,008 - 5,008
3c OtherExpenditure
Removal costs 7,449 . 7,449 8,060 - 8,060
7,449 - 7,449 8,060 - 8,060

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BARNSLEY METHODIST CIRCUIT

NOTES TO THE FINANCIAL STATEMENTS continued

YEAR ENDED 31 AUGUST 2025

==> picture [362 x 173] intentionally omitted <==

----- Start of picture text -----
|||||||| |---|---|---|---|---|---|---| |2025|2024| |£|£| |3d|Mission|Fund|Grants:| |Shining|Stars|(NW|Church)|202|-| |First Aid|Grant (NW|Church)|360|-| |Grant|for|Pizza Lunch|65|-| |Food|Hygiene|Course|(South|Church)|-|500| |Get Ready|for Summer Event (North|West|Church)|-|250| |Eco|Grant|(North East|Church)|-|500| |Kexborough|Luncheon|Club|Grant|-|500| |Drum Kit|(North|East|Church)|-|500| |Total|Grants|627|2,250|

----- End of picture text -----

Due to the value and quantity of grants made in the financial year, support costs in relation to grant making activities are negligible.

==> picture [368 x 79] intentionally omitted <==

----- Start of picture text -----
|||||| |---|---|---|---|---| |3e|Employee Emoluments| |Wages|and|salaries|114,722|112,540| |Employer NI|contributions|9,254|6,868| |Pension|cost|4,940|4,282| |Total|Salaries Cost|128,916,|123,690|

----- End of picture text -----

No employee received emoluments of more than £60,000

During the year, the charity employed one part-time administrator (2024: 1) and seven part-time lay workers (2024: 6). The employees are also Trustees of the charity and detail of remuneration is included in note 11 to the accounts.

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BARNSLEY METHODIST CIRCUIT

NOTES TO THE FINANCIAL STATEMENTS continued

YEAR ENDED 31 AUGUST 2025

4. Tangible Fixed Assets (held for the charity’s own use)

==> picture [394 x 213] intentionally omitted <==

----- Start of picture text -----
|||||||| |---|---|---|---|---|---|---| |Freehold|Property| |Land & Buildings|= Improvements|Total| |£|£|£| |Original|Cost| |As @|01|September|2024|1,324,891|32,683|1,357,574| |Additions|in|the|year|-|-|-| |Disposals/Transfers|-|-|-| |As @|31|August 2025|1,324,891|32,683|1,357,574| |Depreciation| |As @|01|September|2024|-|10,265|10,265| |Depreciation|charge|-|2,008|2,008| |As @|31|August 2025|-|12,273|12,273| |Net|Book|Value| |As @|01|September 2024|1,324,891|22,418|1,347,309| |As @|31|August 2025|1,324,891|20,410|1,345,301|

----- End of picture text -----

5. Investment Property

==> picture [233 x 104] intentionally omitted <==

----- Start of picture text -----
|||||| |---|---|---|---|---| |Freehold| |Land &|Buildings| |£| |Original|Cost| |As @|01|September 2024|400,000| |Additions|in|the|year|225,000| |Reclassification|40,000| |As @|31|August 2025|665,000|

----- End of picture text -----

The properties were valued by A P Corbett, BSc Hons Dip Surv MRICS ACTArb, of Smiths Chartered Surveyors. Two of these valuations were carried out in prior years and the trustees consider the valuations to be correct based on the stable local market conditions and the condition of the properties has remained of the same standard since the valuations were undertaken.

6. Other Investments

==> picture [311 x 141] intentionally omitted <==

----- Start of picture text -----
|||||||| |---|---|---|---|---|---|---| |2025|2024| |£|£| |Market|value|at|1|September|363,096|640,292| |Additions|in the year|14,197|67,345| |Expenditure/Disposals|in the|year|(173,589)|(346,979)| |Increase/(Decrease)|in the year|21|2,438| |Market|value|at|31|August|203,725|363,096| |Gain|on|investments|21|2,438|

----- End of picture text -----

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BARNSLEY METHODIST CIRCUIT

NOTES TO THE FINANCIAL STATEMENTS continued

oo oo YEAR ENDED31AUGUST2025
eeeeeeeeeeeeeeSeSeSeseese		 YEAR ENDED31AUGUST2025
eeeeeeeeeeeeeeSeSeSeseese
7. Debtors
2025 2024
£ £
Accountsreceivable
Debtors andaccruedincome
Prepayments		 2,710
10,003
17,172		 -
363
15,190
29,885 15,553
8. InvestmentAssets held for resale
2025 2024
£ £
ValleyDarfield Church
NewHopeChurch
ShaftonChurch
CudworthChurch		 -
350,000
-
420,000		 215,000
350,000
225,000
-
770,000 790,000
9. Creditors
2025 2024
£ £
Creditors&Accruals 7,951 9,049
7,951 9,049

10. Statutory Audit and Final Accounts Preparation

An audit fee of £6,660 was payable to GBAC Limited in relation to the financial year ending 31.08.25 (2024: £6,300). Final accounts preparation was provided by Angela Hayes, Community Accountant, at a cost of £1,250 (2024: £1,150).

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BARNSLEY METHODIST CIRCUIT

NOTES TO THE FINANCIAL STATEMENTS continued

YEAR ENDED 31 AUGUST 2025

ooeeeeeeeeeeeeeeeeeeSSSSSSFSsSasF

11. 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 paida stipend or salary in their connection with their duties as employees. This is permitted under the governing document of the Circuit. Ministers are appointed by Methodist Connexion in accordance with CPD. Lay Workers are appointed by the Circuit Meeting in accordance with CPD.

Name
2024/25		 Position
Stipendor Employers'
Pension
Total
Salary
NICs —Contributions
Cost
£
£
£
£
ReverendLouise Carr
ReverendLynGregg
ReverendClaireRawlinson
ReverendEileenSanderson
CarolJewkes
EleanorPeet
LindaStammers
DaphneIrwin
PeterWhite
DeborahEvans
ShaunRattigan
Jacqueline Praed
JosephinePowell
ElizabethJones
2023/24		 SuperintendentMinister
14,425
1,467
2,585
18,477
Minister/Superintendent
33,295
3,644
6,204
43,143
Minister
31,227
3,346
6,204
40,777
Minister
1,724
8
-
1,732
CircuitAdministrator
18,115
1,548
1,087
20,750
CircuitLay Worker
16,469
1,312
-
17,781
CircuitLayWorker
8,582
430
505
9,517
CircuitLayWorker
14,734
1,064
884
16,682
CircuitLay Worker
15,511
1,408
868
17,787
CircuitLay Worker
14,734
1,064
451
16,249
CircuitLayWorker
3,766
315
-
4,081
CircuitLayWorker
2,525
254
76
2,855
CircuitLay Worker
8,419
715
505
9,639
CircuitLay Worker
12,142
1,144
564
13,850
a
ete eet
195,668
17,719
19,933
233,320
ReverendLouiseCarr
ReverendLynGregg
ReverendClaireRawlinson
ReverendAlisonMcCauley
CarolJewkes
EleanorPeet
LindaStammers
DaphneIrwin
PeterWhite
DeborahEvans
AimeeCrossland		 SuperintendentMinister
32,138
3,180
7,812
43,130
Minister
29,234
2,779
7,812
39,825
Minister
29,234
2,779
7,812
39,825
Minister
29,234
2,779
7,812
39,825
CircuitAdministrator
16,803
1,063
1,008
18,874
CircuitLay Worker
15,275
853
-
16,128
CircuitLay Worker
13,483
605
809
14,897
CircuitLay Worker
13,671
631
820
15,122
CircuitLayWorker
27,403
2,526
1,644
31,573
CircuitLay Worker
13,671
631
-
14,302
CircuitLay Worker
12,236
558
-
12,794
eee
232,382
18,384
35,529
286,295
Ae

12. 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 14 Ministers, Supernumerary Ministers and Lay Workers (2024: 11).

claimed in relationrelation to duties performed for the charity byduties performed for the charity byperformed for the charity byfor the charity by
Ministers and LayLay Workers (2024: 11).		 to duties performed for the charity byduties performed for the charity byperformed for the charity byfor the charity byby 14 Ministers,Ministers, 14 Ministers,Ministers, Supernumerary
2025 2024
£ £
TravelAllowances
Telephone		 7,961
782		 8,882
905
Preaching fees 660 -
Admin&otherexpenses 108 749
Total 9,511 10,536

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BARNSLEY METHODIST CIRCUIT

NOTES TO THE FINANCIAL STATEMENTS continued

YEAR ENDED 31 AUGUST 2025

13. 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.

14. 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 duties as a Trustee. A stipend is paid for duties as a Minister and expenses claimed in connection with the duties of employment. The Superintendent Minister 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 by the Circuit. The total cost of the Chair is:

2025 2024
£ £
Stipend ofReverendLouise Carr(Sep-24 to Jan-25) 14,425 32,138
Stipend ofReverendLynGregg (Jan-25 toAug-25) 22,748 -
Employer'sNational Insurance contributions 4,075 3,180
Employer'spension contributions 6,721 7,812
47,969 43,130
Notional estimate ofcost ofprovidingmanse 16,000 15,500
Chair's expenses 2,095 1,802
Removal costs - 2,210
Totalcost 66,064 62,642

15. Related Party Transactions

During the year the Circuit received assessment income totalling £305,700 (2024: £288,400) from the churches within the Circuit. The Circuit also incurred assessment costs of £76,416 (2024: £72,028) payable to the District.

The Circuit contributed £2,550 towards the accountancy fees of the three Churches (2024: £2,550).

A number of Mission grants were made to churches within the Circuit, as detailed on page 21 of this report.

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

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BARNSLEY METHODIST CIRCUIT

NOTES TO THE FINANCIAL STATEMENTS continued

YEAR ENDED 31 AUGUST 2025

16. 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.

==> picture [425 x 251] intentionally omitted <==

----- Start of picture text -----
|||||||||| |---|---|---|---|---|---|---|---|---| |Balance|b/f|Incoming|Resources|Balance|c/f| |01/09|Resources|Expended|_‘|Transfers|31/08| |£|£|£|£|£| |2024/25| |South Hiendley|2,154|76|(46)|(65)|2,119| |Model|Trust Fund|360,943|14,182|(19,494)|=|(154,024)|201,607| |Property|held|for|resale|790,000|20,000|-|(40,000)|770,000| |Methodist Women|in|Britain|137|-|(137)|-|-| |Mission|Fund|131,897|3,690|(5,322)|24,023|154,288| |1,285,131|37,948|(24,999)|(170,066)|1,128,014| |2023/24| |South Hiendley|2,069|174|(6)|(83)|2,154| |Model|Trust Fund|638,223|69,610|(40,935)|(305,955)|360,943| |Property held|for|resale|554,207|-|-|235,793|790,000| |Methodist Women|in|Britain|137|-|-|-|137| |Mission Fund|86,071|6,733|(6,862)|45,955|131,897|

----- End of picture text -----

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BARNSLEY METHODIST CIRCUIT

NOTES TO THE FINANCIAL STATEMENTS continued

YEAR ENDED 31 AUGUST 2025

17. Funds Transfers

==> picture [374 x 320] intentionally omitted <==

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |2025|2024| |South Hiendley:|£|£| |Transfer to CFB|(General|Circuit Purposes)|(65)|(83)| |(65)|(83)| |Model|Trust Fund|(MTF):| |Transfer|to CFB|(Mission Fund)|(24,024)|(45,955)| |Transfer|to CFB|(General|Circuit Purposes)|(80,000)|(255,000)| |Transfer|to CFB|(Costs|in respect ofDeacon Appointment)|(50,000)|-| |Capital|Expenditure|(Barugh House|building project)|-|(5,000)| |(154,024)|(305,955)| |Property|held|for|resale| |Reclassification|of Shafton Property|(225,000)|225,000| |Reclassification of Cudworth Property|400,000|-| |Reclassification of|Valley Darfield Property|(215,000)|-| |Investment Asset running|costs|-|10,793| |(40,000)|235,793| |Mission Fund:| |Transfer|from MTF|24,023|45,955| |24,023|45,955| |Total Transfers|to/(from)|Restricted Funds|(170,066)|(24,290)|

----- End of picture text -----

18. Designated Funds

==> picture [359 x 87] intentionally omitted <==

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |2025|2024| |£|£| |Quinquennial|and|electrical|inspections|15,000|14,450| |Manse|redecoration|12,500|10,500| |Removal|and|relocation|7,000|6,500| |34,500|31,450|

----- End of picture text -----

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BARNSLEY METHODIST CIRCUIT

NOTES TO THE FINANCIAL STATEMENTS continued

YEAR ENDED 31 AUGUST 2025

19, Funds held as Custodian Trustee

Funds received through offerings and gifts collected on the behalf of external charities/causes. The income does not belong to the Circuit and is therefore not recognised in the accounts.

2025 2024
£ £
Balance brought forward - -
Offerings/Giftsreceived during the year 2,327 292
Offerings/Gifts paidoverduring the year (2,327) (292)
Balancecarriedforward - -

20. Analysis of Assets between Funds

Investment Tangible Other
Investments Property FixedAssets _—Assets Total
£ £ £ £ £
31/08/2025
Unrestricted Funds - 665,000 1,345,301 467,501 2,477,802
DesignatedFunds - - - 34,500 34,500
Restricted Funds 203,725 - - 924,289 1,128,014
203,725 665,000 1,345,301 1,426,290 3,640,316
31/08/2024
UnrestrictedFunds - 400,000 1,347,309 362,156 2,109,465
DesignatedFunds - - - 31,450 31,450
Restricted Funds 363,096 - - 922,035 1,285,131
363,096 400,000 1,347,309 —-1,315,641 3,426,046

21. 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.

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BARNSLEY METHODIST CIRCUIT

NOTES TO THE FINANCIAL STATEMENTS continued

YEAR ENDED 31 AUGUST 2025

22. Trustees

NIGEL BONSON REV LOUISE CARR - deceased Dec-24 DIANE CHARLESWORTH REV LOUISE DAWSON Pa anal eae hii aecg Ries REV LYN GREGG HEATHER HAGUE ELIZABETH HAIGH — resigned. Aug-25 ELIZABETH HAMBLETON ANNE HAMBY CHRISTINE HARRINGTON GWYNYTH HARRISON JOAN HAYWOOD LESLIE HOWARTH DAPHNE IRWIN CAROL JEWKES EILEEN MCHALE CATHERINE MOSLEY REV MICK NEAL ALISON PADGETT JANICE PARKIN JENNIFER PEARSON JOHN PEARSON ELLIE PEET REV CLAIRE RAWLINSON - resigned Aug-25 MARY REASON REV EILEEN SANDERSON MICHAEL SANDERSON LINDA STAMMERS BARBARA TEWSON DAWN WEBSTER

Appointed December 2024: ANGELA FINDLOW

Appointed March 2025: ELIZABETH JONES JOSEPHINE POWELL

; September4 Appointed 2025.im REV ANDREW ATKINS DEACON MARK ATTWOOD JACKIE PRAED SHAUN RATTIGAN

Page | 29