WELSHPOOL & BRO HAFREN METHODIST CIRCUIT CHARITY NUMBER: 1135581
Charitable objects:
The purposes of the Methodist church are and shall be deemed to have been since the date of union the advancement of:
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the Christian faith in accordance with the doctrinal standards and the discipline of the Methodist church;
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any charitable purpose for the time being of any connexional, district, circuit, local or other organisation of the Methodist Church;
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any charitable purpose for the time being of any society or institution subsidiary or ancillary to the Methodist Church;
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any purpose for the time being of any charity being a charity subsidiary or ancillary to the Methodist Church.
Structure:
Welshpool & Bro Hafren Methodist Circuit is in the Upper Severn Valley in Mid Wales. It is a Circuit within the Wales Synod. There were 6 chapels in the Circuit: Cefn (Trewern), Welshpool, Pentre Llifior, Newtown, Caersws, and Trefeglwys. The Circuit had three manses: two in Welshpool, one in Newtown. There is one ministers active in the Circuit plus four supernumerary, retired, ministers. The managing trustees meet regularly during the year in Circuit Meetings and Finance and General Purposes Meetings. A small Circuit Leadership Team is elected annually to oversee the day to day running of the Circuit. The trustees are the active ministers plus representatives from the chapels, appointed annually by members of the chapels.
Activities:
The Circuit has been involved in worship, prayer and bible studies, available to all. Chapels have been used for funerals, weddings and baptisms. Other activities include: coffee mornings, meals, illustrated talks, concerts and exhibitions. In addition to worship, premises have been used by various external groups, including: Mothers & Toddlers, W.I., Wildlife Groups, choirs, dance groups, Powys Carers, Action for Children, Hard of Hearing groups, arts and crafts groups and others.
List of Trustees:
| Mrs Eileen Lodge Jobling | Mrs Helen Sarah Judge |
|---|---|
| Mr Stanley Mountford | Mr David Michael Jones |
| Mr Derek Charles Painter | Mr John Mackenzie Harbron |
| Mrs Margaret Griffith | Mr Terence Maxfield Jobling |
| Mrs Irene Harbron | Mr Kevin Gilman |
| Miss Susan Williams | Mrs Christine Elizabeth Richards |
| Mrs Anthea Bradburn | Mr Alan Bradburn |
| Mrs Freda Mary Davies | Mr Gordon Rhodes |
| Mrs Sheila Pollard | Mrs Amanda Jane Thomas |
| Mrs Janice Mary Rhodes | Mr Alun Watcyn Bunford |
| Mr Alan Peter Davies | Mr Owen Lloyd Jones |
Mr Andrew Gordon Mathieson Mrs Margaret Jane Wilkins Mrs Glenys May Harding Mr Andrew Nicholas John Bond
Mrs Linda Mountford Mr Eric Pacey Mr Anthony Peter Harvey
Reserves Policy:
An amount of circuit reserves are to be ring-fenced annually for use:-
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Minimum reserves to be held - 50% of annual budget or previous year’s expenditure plus RPI
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Chapel Developments: - including amounts already committed but outstanding
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New initiatives grants - up to 5% of reserves annually. One successful application per chapel per year.
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Ministry support - (total annual budget for ministry) minus (income from chapel assessments capped at annually agreed figure).
Circuit income from :
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Assessments from chapels subject to an annual review, with increases capped at 3%
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Income schemes
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Donations
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Sale of capital assets
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Rental Income
Review frequency
The principles contained in this policy, by which the circuit determines the use of its reserves, should be reviewed 2022/23.
Notes :
Chapel Development grants . The existing sliding scale of awards will be maintained. These grants are discretionary. Applications will be assessed in the light of these qualifiers:
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Is the chapel committed to raising new funds for their project to at least 10%?
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Is the chapel demonstrating an appropriate use of its own reserves?
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Has the chapel demonstrated a desire to develop its mission, outreach and discipleship?
New initiatives grants . Discretionary start-up grants aimed at encouraging chapel initiatives are available.
| 20 | ACCOUNTS FOR TH | E YEAR ENDED | 31AUG | UST | 2021 | Welshpool&BroHafren | Welshpool&BroHafren | Welshpool&BroHafren | Welshpool&BroHafren | Welshpool&BroHafren | Welshpool&BroHafren | Circuitl | Circuitl | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Un | Circuit | |||||||||||||||||||||
| restricted | ModelTrust | Restricted | Totals this | Totals last | ||||||||||||||||||
| SECTION A | Funds | Fund | Funds | year | year | |||||||||||||||||
| a1 | RECEIPTS | Note | £ | £ | £ | £ | £ | |||||||||||||||
| a2 | Assessment/Share | 44,957 | 44,957 | 39,748 | ||||||||||||||||||
| a3 | Capital receipts | 48,028 | 48,028 | 62,802 | ||||||||||||||||||
| a4 | Bank and CFB interest and | |||||||||||||||||||||
| Investment income | 15 | 894.46 |
910 | 2,623 | ||||||||||||||||||
| a5 | Grants | 5,000 | 5,000 | |||||||||||||||||||
| a6 | Other receipts | 19,111 | 19,111 | 18,714 | ||||||||||||||||||
| a7 | TOTAL RECEIPTS | 69,083 | 48,922 |
118,006 | {a8)1 | 123,887 | ||||||||||||||||
| SECTION B | ~~1~~ | |||||||||||||||||||||
| b1 | PAYMENTS | |||||||||||||||||||||
| b2 | Stipends, salaries, NIC, Pension and | |||||||||||||||||||||
| travel costs | 48,069 | 48,069 | 47,929 | |||||||||||||||||||
| b3 | Manse Costs | 7,559 | 7,559 | 26,793 | ||||||||||||||||||
| b4 | Administration etc | 2,210 | 2,210 | 2,281 | ||||||||||||||||||
| b5 | District Assessment | 13,703 | 13,703 | 15,293 | ||||||||||||||||||
| b6 | Grants&donations | 941 | 941 | 3,162 | ||||||||||||||||||
| b7 | Loans | 10,944 | 10,944 | |||||||||||||||||||
| b8 | Otherpayments | 7,988 | 16,910 | 24,898 | 29,003 | |||||||||||||||||
| b9 | TOTAL PAYMENTS | 91,414 | 16,910 | 108,324 | (b9~ | 124,461 |
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| NET RECEIPTS/PAYMENTS FOR SECTION C |
~~I~~ | r--l | ||||||||||||||||||||
| ~~T_H_E__Y_EA__R __~~~~~~~__~~~__~~___9~,_68_2~ |
~ | |||||||||||||||||||||
| htforward from last | 306,7571(c6) 1 | 307,3311 |
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| /c3lsUbtotal | (c1+c2)1 | 5,3591 | 311,0791 |
316,4381 | 306,7571 | |||||||||||||||||
| c4Transfers and adjustments jc51TOTAL FUNDS AT END OF YEAR |
(C3+c4)1 | I(C7)1 i;==~-., 316,4381{C8)I306,756.591{c6)I |
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| SECTION0 | I | |||||||||||||||||||||
| FOR INFORMATION ONLY: MONEY | RECEIVED AND PASSEDONTO | EXTERNAL ORGANISATIONS | ||||||||||||||||||||
| d | I[theseamountsshouldnotbeincludedin total receipts/payments above) | |||||||||||||||||||||
| d1 | Balance brought forward from lastyear | |||||||||||||||||||||
| d2 | Offerings/Gifts - received for external | organisations | ||||||||||||||||||||
| d3 | Offerings/Gifts - passed to external organisations | |||||||||||||||||||||
| d4 | BALANCE STILLTOBE PAID(d1+ | d2- d3) |
| SUMMARYOF CIRCUITACCOUNTSANDINTERNALORGANISATION REPORTINGTOTHECIRCUIT MEETING | SUMMARYOF CIRCUITACCOUNTSANDINTERNALORGANISATION REPORTINGTOTHECIRCUIT MEETING | SUMMARYOF CIRCUITACCOUNTSANDINTERNALORGANISATION REPORTINGTOTHECIRCUIT MEETING | SUMMARYOF CIRCUITACCOUNTSANDINTERNALORGANISATION REPORTINGTOTHECIRCUIT MEETING | SUMMARYOF CIRCUITACCOUNTSANDINTERNALORGANISATION REPORTINGTOTHECIRCUIT MEETING | SUMMARYOF CIRCUITACCOUNTSANDINTERNALORGANISATION REPORTINGTOTHECIRCUIT MEETING | SUMMARYOF CIRCUITACCOUNTSANDINTERNALORGANISATION REPORTINGTOTHECIRCUIT MEETING | SUMMARYOF CIRCUITACCOUNTSANDINTERNALORGANISATION REPORTINGTOTHECIRCUIT MEETING | SUMMARYOF CIRCUITACCOUNTSANDINTERNALORGANISATION REPORTINGTOTHECIRCUIT MEETING | SUMMARYOF CIRCUITACCOUNTSANDINTERNALORGANISATION REPORTINGTOTHECIRCUIT MEETING | SUMMARYOF CIRCUITACCOUNTSANDINTERNALORGANISATION REPORTINGTOTHECIRCUIT MEETING | SUMMARYOF CIRCUITACCOUNTSANDINTERNALORGANISATION REPORTINGTOTHECIRCUIT MEETING | |
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| SECTIONE Please followthe Guidance Notes to complete this paQe SummaryoftheCircuitaccountsfortheyearended31August2021andInternalOrganisationsreportingtotheCircuitMeeting.Notethatthefundsofan InternalOrganisationwouldnormallybeRestrictedfundsunlessitcouldbeclearlyshownthattheycouldbeusedforanyMethodistpurpose.Thissection mustbecompletedtoarriveatthegrossreceiptsandpaymentstotalsoftheCircuit.IfgrossincomeexceedstheAccrualsthresholdof£250,000.thenthe AccrualsmethodofaccountingANDADIFFERENTFORMmustbeusedtoreporttheaccounts(seeMethodistwebsite).Pleaserefertotheguidance notesregardingtransfersbetweentheCircuitandconnectedCircuitOrganisations. |
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| SummaryoftheCircuitaccountsfortheyearended31August2021andInternalOrganisationsreportingtotheCircuitMeeting.Notethatthefundsofan InternalOrganisationwouldnormallybeRestrictedfundsunlessitcouldbeclearlyshownthattheycouldbeusedforanyMethodistpurpose.Thissection mustbecompletedtoarriveatthegrossreceiptsandpaymentstotalsoftheCircuit.IfgrossincomeexceedstheAccrualsthresholdof£250,000.thenthe AccrualsmethodofaccountingANDADIFFERENTFORMmustbeusedtoreporttheaccounts(seeMethodistwebsite).Pleaserefertotheguidance notesregardingtransfersbetweentheCircuitandconnectedCircuitOrganisations. |
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INTERNAL ORGANISATIONS SubtotalofInternal Organisations funds Circuitaccounts(totals broughtforwardfrom page2 - totalscolumn) ~~I'~~U,ALI;A~Ht-UNU~ HELDBYCIRCUIT Continue on a separate sheet if necessary and bring the totals forward |
Receipts | Payments 108,324(b9 108,324 TOTAL PAYMENTS |
Net Receipts/ Payments 9,682 9,682I |
Adjustments | Opening balances |
Closing balances | ||||||
| el | ||||||||||||
| e2 | ||||||||||||
| e3 | ||||||||||||
| e4 | ||||||||||||
| e5 | ||||||||||||
| e6 | ||||||||||||
| e7 | ||||||||||||
| e8 | SubtotalofInternal Organisations funds |
(e11) | (e12) | |||||||||
| e9 | Circuitaccounts(totals broughtforwardfrom page2 - totalscolumn) |
118,006 | (a8) | 108,324 | (b9 | (cl) | 306,757 | (c6) |
316,438 | (ca) |
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| elO | ~~I'~~U,ALI;A~Ht-UNU~ HELDBYCIRCUIT |
118,006 | 108,324 | 306,757 | (x) |
316,438 | (y) |
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| TOTALRECEIPTS | TOTAL PAYMENTS |
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| I SECTION F I STATEMENTOF ASSETS AN CIRCUIT·CASH FUNDSHEL |
D LIABILITIES Dat31August2021 |
OPENING BALANCES |
CLOSING BALANCES |
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| 8,833 8,240 10,617 279,067 306,757 roo-- (c6) |
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| n | Cashinhand | |||||||||||
| f2 | Bank Current Account | 9.281 | ||||||||||
| f3 | Bank Deposit Account | 6,741 | ||||||||||
| f4 | Central FinanceBoard | 10,632 | ||||||||||
| f5 | Truslees_for_Methodist Church | Purposes | 289,785 | |||||||||
| f6 | Other funds | |||||||||||
| f7 | SUBTOTAL | 316,438 | (c8) | |||||||||
| f8 | Total funds heldbyInternal Organisations (the closing balance totals above) (e12) |
(e11) | l(e12 | |||||||||
| f9 | TOTALCASH FUNDSHELDBYCIRCUIT | 306,757 | (x) |
316,438 | (y) | |||||||
| ISECTIONG OTHERASSETSandLIABILITIES |
At 1 September 2020 787,810 6,590 |
At 31August2021 856,930 17,534 |
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| IgI | Investments (include Endowments) | |||||||||||
| 787,810 | 856,930 | |||||||||||
| 192 | Land and Buildings (see notes_re_Insurance value) | |||||||||||
| 3 | Other Assets | |||||||||||
| g4 | Loan(s) •showamountoutstandinQ atyearend | 6,590 | 17,534 | |||||||||
| g5 | Other Liabilities |