This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator. This document is also available as Markdown.

WELSHPOOL & BRO HAFREN METHODIST CIRCUIT CHARITY NUMBER: 1135581 Report for year ended 31[st] August 2025

Charitable objectives:

The purposes of the Methodist church are and shall be deemed to have been since the date of union the advancement of:

the Christian faith in accordance with the doctrinal standards and the discipline of the Methodist Church;
any charitable purpose for the time being of any connexional, district, circuit, local or other organisation of the Methodist Church;
any charitable purpose for the time being of any society or institution subsidiary or ancillary to the Methodist Church;
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 Zoar (Trefeglwys). The Circuit has three manses: two in Welshpool, one in Newtown. There is one superintendent minister active in the Circuit plus six 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 minister 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: Visually Impaired Groups; 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:

Mr Stanley John Mountford Mr David Michael Jones Mr John Mackenzie Harbron Mrs Margaret Griffith Mr Terence Maxfield Jobling Mrs Irene Winifred Harbron Mr Kevin Gilman Miss Susan Williams Mrs Christine Elizabeth Richards Mrs Anthea Bradburn Mr Alan Bradburn Mrs Freda Mary Davies

Mrs Sheila Pollard Mrs Amanda Jane Thomas Mr Alan Peter Davies Mr Owen Lloyd Jones Mr Eric Robert Pacey Mr Andrew Gordon Mathieson Mrs Glenys May Harding Mr Anthony Peter Harvey Mr Andrew Nicholas John Bond Mr Herbert Proctor Patricia Jane Jones Rev. Keith Edwards

Reserves Policy:

An amount of circuit reserves are to be ring-fenced annually for use:-

Minimum reserves to be held - 50% of annual budget or previous year’s expenditure plus RPI
Chapel Developments: - including amounts already committed but outstanding
New initiatives grants - up to 5% of reserves annually. One successful application per chapel per year.
Ministry support - (total annual budget for ministry) minus (income from chapel assessments capped at annually agreed figure).

Circuit income from :

Assessments from chapels subject to an annual review, with increases capped at 3%
Income schemes
Donations
Sale of capital assets
Rental Income

Review frequency

The principles contained in this policy, by which the circuit determines the use of its reserves, should be reviewed 2025/26.

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:

Is the chapel committed to raising new funds for their project to at least 10%?
Is the chapel demonstrating an appropriate use of its own reserves?
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.

CIRCUIT RECEIPTS AND PAYMENTS ACCOUNTS

THE METHODIST CHURCH STANDARD FORM OF ACCOUNTS

WELSHPOOL & BRO HAFREN

Circuit

FOR THE YEAR ENDED 31 August 2025

SYNOD WALES CYMRU District Registered Charity - Charity Registration number 1135581

If not a registered charity His Majesty's Revenue and Customs Gift Aid number || (The HMRC number is equivalent to a registered charity number in terms of evidence of charitable status and may be used to give to donors or grant funders wishing to see evidence of the organisation's charitable Status. Methodist charities in England and Wales that are not registered charities are excepted from registration under Statutory Instrument 2014 No.242) Ministers:

sniniunianinninnnininininninnmnnmimnnnmnnnmnnnaneM eT BOWES a csimuunmsnmnnnnnnininiusinnnie

Circuit Stewards:

cctintineininnniiinnnemneninneccnnddlMichael Jones Me Bert Proton uum cinnmneemninneninnmnnnmaninnndll SEA MOUNT EG nnd Anthea Brady cere itnniiinnieiinunninicennnanmennndl ANEW Bond Mt ErG PAC OY a smusunnssnmvnnnanasnmne

Treasurer:

Mr Stan Mountford

CIRCUIT SFOA ye 31.8.25.xIsx

1 0f1

WELSHPOOL & BRO HAFREN Circuit

ACCOUNTS FOR THE YEAR ENDED 31 August 2025

==> picture [521 x 469] intentionally omitted <==

----- Start of picture text -----
||||||||| |---|---|---|---|---|---|---|---| |Un-|Circuit| |restricted|Model|Trust|Restricted|Totals|this|Totals|last| |SECTION|A|Funds|Fund|Funds|year|year| |Assessment/ShareRECEIPTS||Note||6|og|£|£|£| |[receipts]|a|ee||| |a3|[[Capital]|a:ae|77,872|43,915| |Bank|and|CFB|interest|and| |Investment|income|353|12,061|14,105| |asforms28 [OtherTT receipts|a|||<r|22,069| |TOTAL|RECEIPTS|107,336, 12,064)——s=i||119,397|(a8)|]|80,089| |SECTION|B| |PAYMENTS| |b2|Stipends,|salaries,|NIC,|Pension|and| |travel|costs|66,394|66,394|62,177| |b4b3[ManseCosts[Administration|etc||a|eesaat|ee|86|,|074348|4,869| |bs[Districtb6Assessment||||tagsa]||Sd t3,852|13,519| |ide [Grants & donations|a|e317)|||| |[b8 |Other payments|a|ee|||6.226| |bo [TOTAL PAYMENTS|i|6187]|114,096|(b9)|||92,948| |SECTION|C| |NET|RECEIPTS/PAYMENTS|FOR| |ci||THE YEAR|(a7-b9)|572|5,873| |Total funds brought forward|from|last|year|12,369|265,409 fF|277,778|290,637| |Sub total|(c1+c2)||44,7971|274,283]|«CW|283,080|277,778| |ca|| Transfers|and adjustments|10,000|(10,000)Fo Ten][|| |TOTAL FUNDS ATEND OF YEAR|(c3+c4)[|21,797] 261,283]|283,080|(c8)]]__277,778|(c8)|

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

SECTION D g FORthese INFORMATIONamounts should ONLY:not MONEYbe inciuded RECEIVEDin total ANDreceipts/payments PASSED ON TOabove)EXTERNAL ORGANISATIONS Balance brought forward from last year Po | Offerings/Gifts - received for external organisations P| Offerings/Gifts - passed to external organisations | BALANCE STILL TO BE PAID (d1 + d2 - d3) a ee ee

CIRCUIT SFOA ye 31.8.25.xIsx

t+ of1

==> picture [518 x 679] intentionally omitted <==

----- Start of picture text -----
WELSHPOOL & BRO HAFREN Circuit
SUMMARY OF CIRCUIT ACCOUNTS AND INTERNAL ORGANISATION REPORTING TO THE CIRCUIT MEETING
SECTION E Please follow the Guidance Notes to completethis page
Summary of the Circuit accounts for the year ended 31 August 2025 and Internal Organisations reporting to the Circuit Meeting. Nate that the funds of
an Internal Organisation would normaily be Restricted funds unless it could be clearly shown that they could be used for any Methadist purpose. This
section must be completed to arrive at the gross receipts and payments totals of the Circuit. If gross income exceeds the Accruals threshold of
£250,000, then the Accruals method of accounting AND A DIFFERENT FORM must be used to report the accounts (see Methodist website). Please
refer to the guidance notes regarding transfers between the Circuit and connected Circuit Organisations.
INTERNAL Net Receipts/ Opening
ORGANISATIONS Receipts Payments Payments Adjustments balances Closing balances
ef
ef EE
ef EE
ef PE
ep
ef a EE FE)
epEE
Sub total of internal
eg |Organisations funds (e114) {e12)
Circuit accounts (totals
brought forward from
e9 |page2 - totals column) 119,397 114,096 (c7} 277,778) (c4) 283,080
OTA ASH FUND
|
iolHEto ey crecur 119,997 ae |ee ee eee
Continue on a separate
sheet if necessary and bring TOTAL RECEIPTS TOTAL
the tatals forward PAYMENTS
a he mnmmenanniren EE nnnnnnnnn nnnLT
SECTION F
STATEMENT OF ASSETS AND LIABILITIES
OPENING CLOSING
CIRCUIT - CASH FUNDS HELD at 31 August 2025 BALANCES BALANCES
Bank Deposit Account 11,273 20,126
Central Finance Board 6,327 6,614
Trustees for Methodist Church Purposes 259,082 254.668
Other funds | _
SUB TOTAL 277,778 283,080 ea)
Total funds held by Internal Organisations (the clasing
balance totais above) (612) {e11) e12
TOTAL CASH FUNDS HELD BY CIRCUIT 277,778 ey | 283,080 wy |
i SS
SECTION G AL At
| OTHER [Investments] ASSETS(include andEndowments LIABILITIES 4 September 2024 31 August 2025
| Other Assets
Loan(s) - show amount outstanding at year end
Other Liabilities
{4 Include only Funds held at the Central Finance Board
f5 Include only CFB Funds held at Trusteesfor Methodist Church Purposes
1 Include any other investments (not the cash element of TMCP trust accounts this is inserted in line f5)
----- End of picture text -----

CIRCUIT SFoA ye 31.8.25.xlsx

1 of t

Name of Circuit:

Velshpool & Bro Hafren

No 02/25

Declarations and Scrutiny

| confirm that these Receipt and Payment based accounts for the year to 31 August 2025 have been prepared from the records of the Circuit and that they include all funds under the control of the Circuit meeting. a / A 4 // ; Signature of treasurera YU Date... JG2126 Name and address of treasurer: “Mr Stanley Mountford, Plas Heddycol, Aberbechan, Newtown, Powys Post Code SY16 3AX.....00..0.....

Presentation to the Circuit meeting

| confirm that the annual report and accounts for the year ended 31 August 2025 were/will be* presented to the Circuit meeting held on .................

Signature of the Chair of the meeting OFT occas Name of the Chair of the meeting ... KEITU Sv eter Date GL tL 2.6...

Independent Examiner’s Report to the Trustees of the

Welshpol & Bro Hafren Circuit

Charity Number 1135581

Responsibilities and basis of report

| report to the trustees on my examination of the accounts of the Welshpool & Bro Hafren Methodist Circuit for the year ended 31 August 2025 set out on pages ... to.... As the Circuit’s trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

| report in respect of my examination of the Circuit's accounts carried out under section 145 of the Act and, in carrying out my examination, | have followed ail the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

delete or circle as appropriate

CIRCUIT SFOA ye 31.8.25.xlsx

1 of 1

Name of Circuit:

Welshpool & Bro Hafren

No 02/25

Independent Examiner’s Statement

| have completed my examination. | confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below*) which give me cause to believe that in, any material respect:

« the accounting records were not kept in accordance with section 130 of the Act; or * the accounts do not accord with the accounting records.

| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

| have/have not* obtained independent verification of all investments with the Trustees for Methodist Church Purposes or held in other trusts, bank balances and funds at the Central Finance Board of the Methodist Church which are individually in excess of £10,000 (ten thousand pounds) at the balance sheet date.

Signature of independent examiner ROR Name of independent examiner i RISA) ASSK. AI exRees Relevant professional qualification of independent examiner ... Rekvred. ev eee eee eeeueeaeeens

Name of firm (where appropriate) cb (Ohoccccccccccscceceececeseeteetettttette Address Se os CAE SG) a Post Code SUIb UL? Date \47'- AOR

delete or circle as appropriate

1 of1

CIRCUIT SFOA ye 31.8.25.xIisx

Report on behalf of P

WELSHPOOLOO & BRO HAFREN METHODIST CIRCUIT | (*Ghureh-Gotneil/ Circuit MeetingBistriet)

To

WALES SYNOD CYMRU

HMGirctititeeting/District)

We submit our annual report in accordance with the requirements of the Methodist Conference and the Charity Commission guidance in CC19.

(l) The trustees have established their mission aims taking into account all of the resources available in terms of people, property and money
(iii) We have agreed a Reserves Policy which is set out overleaf and is recorded in the trustees’ minutes and our Annual Report
(iv) We recognise the need to be accountable as charity trustees for all the money which comes into our hands and will provide further information as required by the Circuit/Districl/Connexion
(ii). Missionrarinitiatives/projects, have been costed or estimates made of projected future costs (v) Our Report is attached overleaf which take into account the needs of the ——_-—> buildings and the requirements of the * | delet F Quinquennial inspection Report/s please delete as appropriate

To be completed by Receiving Body

==> picture [327 x 30] intentionally omitted <==

----- Start of picture text -----
The WALES SYNOD CYMRU
Girecit Heeting/District received the RESERVES POLICY of
----- End of picture text -----*

==> picture [217 x 9] intentionally omitted <==

----- Start of picture text -----
WELSHPOOL & BRO HAFREN METHODIST
----- End of picture text -----

==> picture [279 x 31] intentionally omitted <==

----- Start of picture text -----
Grereh-Geurel/Circuit Meeting/BistHet
Policy accepted accepted and acknowledgement sent to the trustees to the trustees the trustees
----- End of picture text -----*

==> picture [499 x 266] intentionally omitted <==

----- Start of picture text -----
Policy accepted accepted and acknowledgement sent to the trustees to the trustees the trustees YES_INOL J -
Policy noted and the following enquiries made of the trustees
Responses received and any further action taken
Circuit/District
Signatures — ....sececeesereseeeeeersesenere e eaeee e s wiveceeeneeertesetereretseessssteeteeeeees DatO...ee. |
Please delete as appropriate
----- End of picture text -----

==> picture [510 x 357] intentionally omitted <==

----- Start of picture text -----
RESERVES POLICY of | [WELSHPOOL][ &][ BRO] [HAFREN] [METHODIST]
-Church-Councit_|/Circuit Meeting |District_)
ee
1. General Funds held at Y/E 31/08/2025 | 282,961ee a a |
2. _RestrictedFundsheld —“
[3.__ Endowment Funds held tg
4. Reserves policy for General Funds
50% of Circuit running costs est as £54,000
Single Church expenses — basic - employees (3 year plan inc on costs) circa - £123,000
Merging of Single Church £40,000
Solar investment at Welshpool & Newtown est as £20,000: Field project/car park phase 2 Pentre Llifior
est as £10,000: Champing project at Trefegiwys est as £15,000:
Total reserves figure = £262,00
Support of the above to come from Model Trust Funds; 419174; 15299 & 18199
5. Policy for Restricted Funds
n/a
6. Terms relating to Endowment Funds held
----- End of picture text -----

==> picture [461 x 152] intentionally omitted <==

----- Start of picture text -----
This Reserves Policy has been approved by | Welshpool & Bro Hafren Methodist
—CChurch-Counci|/Circuit Meeting (_|/Distict})
Fullname Stanley John Mountford | Full Name Amanda Jane Thomas
{]
Signature: LL | Signature
----- End of picture text -----

OpenCharities

2025-08-31-accounts