ChorLey & Leyland Methodist Circuit
TRUSTEES'ANNUAL REPORT &
ACCOUNTS
For the year ending 31 August 2024
Registered Charity Number: 1135868
Circuit Number: 01108

Chorley & Leyiand Methodlst Clrcuit
Trustees Report & Accounts for the Year Ending 31" August 2024
Contsnts
Reference and Administrative Details
Trustees. Annual Report
Independent Examiners Report
Statement of FinancialActivities
B81ance Sheet
Statement of Cash Flows
Notes to the Financialstatements
Pages
10-11
12
13
14
15-32
21Page

Chorley & Leyland Methodlst Clrcuit
Trustees Report & Accounts for the Year Endlng 31" August 2024
Reference and Admlnlstrative Detalls
Re
istered Charity Name:
Ch8rity Re
istration Number:
Methodist Clrcuit Number:
Prlnciple Office:
Chorley and Leyland Methodist Circuit
1155868
01108
16 Little Close.
Leyland,
PR26 6QU
See Pa
Sintons,
The Cube,
Barrack Road,
N8wcastle upon Tyne,
NE4 6DB
Centr81 Finance Board of the Methodist
Church,
Methodlst Church House,
25 T8vlstock Place,
London,
WC1H9SF
Clrcult Meetin
Solicitors:
Member (frustees}
Investment Bankers:
Tru8tee8 for Methodist Chuich Purposes,
Central Building8,
Oldham Street,
Manchester,
M1 1JQ
Cooperative Bank PLC,
PO Box 150.
Skelmer8dale.
WN8 6GG
Peter E Gllkes & Co,
44 Market Street,
Chorley,
PR7 2SE
Mrs J Ad8ms,
2 Stable Mew8, Millwood Close.
Withnell Fold.
Chorley,
PR6 8AR
Bankers:
Property Advisors:
Indeperident Examiner:
31Page

Chorley& Leyiand Methodlstclrcult
Trustees Report & A¢¢ount8 for the Year Ending 3181 August 2024
Trustees
Mlnisters
Rev'd G McBride {Chairl
Rev'd K Hilsden
Rev'd H Millward
Dcn E Monkwinstanley
Rev M Wiffen (Associate}
Ministers In OtherAppointments
None
Clrcuit Stewards
Mrs B Frankish
Mr D Keisall
Mr T MeLling (Treasurer)
Mr R Scott
Ms L Taylor
Mrs Y Taylor
Mrs Cwroe
Clrcult Secretary
Mrs S Hamiliton (Appolnted 17107124}
Local Preachers, Worshlp Leaders. Supernumery Ministers and Church Re
resentatlves
Mrs M Abel (Resigned
Mr K Ashton
Mrs M Bibby
Mr A Blackledge
311081241
(Appointed 17109124}
Mr K Brown
Miss A Cupit IResigned
(Appointed 17/091241
31108124
Mrs S Draper
Mrs C Eccle5 IAppolnted
(Resigned 311081241
171091241
Mr A Edge
Mrs P Gerrard
Mr S Hardacre
Mrs L Heston
Mrs R Brown
IA
ointed 171091241
Miss L Duckworth
(Resigned 291101231
Mrj Flshwick
Mrs M Harris
(Resigned 101101231
Mrs J Horton
Rev J Clasper (Reslgned
311081241
Mrs F Eccles (Resigned
311081241
Mr D Frost
Mr T Harris (Resigned
101101231
Mrs C Hothersall
IA
pointed 171091241
Mrs N Klunder
Rev A Mashiter
Mr G Horton
Mr C Howard
Mr D Hulse
Mrs R Malarkey
Mrs C Hulse
Mr D Marston
(Appointed 171091241
Mrs H Molyneux
IReslgned 311081241
Dcn S Nicholls
Mrs Y Lancaster
Mrs A Melling
Mrs S Mercer
Mrs R Moss (Resigned
31108124)
Mr B Noon
Mr C Naylor
Mrs L Naylor
Mrs J Owen (Resigned
31108124)
Mrs S Ryding
Mrs C Stafford
Mr J Whittle
Mrs K Owen
Mr M Saunders
Mr W Stafford
Mrs P Ward
Mr F Roblnson
Mrs C Shapley
Rev R Stubbing5
Mr F Ryding
Mr L Shields
Mrs C Tetlow
41Page

Chorley & Leyland Methodlst Clrcult
Trustees Report & Accounts for the Year Endlng 31" August 2024
Trustees Annual Report for the Year Ended 3111 August 2024
The Trustees are pleased to present their annual reporttogetherwith the financial statements of
the charityfor the year ending 30 May 2024.
The financial statements comply with the Charities Act 2011. and Accounting and Reporting by
Charities: Statementof Recommended Practice applicable to charities preparingtheir accounts
in accordance withthe Financial Reporting Standard 8ppIIc8ble in the UK8nd Republic of Ireland
(FRS 102) (effective 1 January 2019}.
Objectives and Actlvltles
Worshlp
Public Worshlp, open to all without charge, remained one of the main activities where people
engage with the church. All churches held regularsunday morningworship (some occasionally
holdingtwo services on some Sundays and 8 couple held regular evening service). With just a
few exception8, these are organised and led by preachers (often ministers) deployed by the
circuit, but aided byothers such as stewards and musicians. Several united services were
organised by the circuit across the churches.
Local Churches organisetheir own special seniices and other events 8round the major festiV81s,
especially Chrl8tmas and Easter and commemorations such as Remembrance Sunday.
These are often occasions when people with limited connection with the Church were m8de
especially welcome.
A number of our churches have continued to offer messy church as an alternative form of
worship. As part of the work with Sanctuary Seekers a Bible Study in Farsi continues to be held.
Staffing
Duringthe yearthe circuit continued to resource, support 8nd deploy paid staff (four ordained
Ministers), 8 part-time Circuit Administrative Assistsnt (for part of the year), 8 full-time Pioneer
Ministry Enabler, until December 2023 and many layvolunteers in work across the clrcuit and in
the community.
Followingthe curtailment of our previous Superintendent minister, Rev'd Gordon Gresswell due
to111 health, we are thankful to Rev'ds GILI McBride, Helen MiLlward and Karen Hi18den who have
now taken joint responsibilityforthe Circuit Superintendencyforthe foreseeable future. Also, to
Rev'd's Helen Millward, Karen Hilsden, Martin Wiffen. and Dcn Ellen Monkwinstanleyfor taklng
on the p8Stor8l responsibility for Rev'd Gordons churches.
We continue to employ Kia Bland in the role of Layworker supporting both Midge Hall and
Leyland Churches and have been pleased to see the continued growth in the outreach work
being done in th8t are8, especielly with the Sanctuary seekers.
We also give thanks to Naomi Parklnson and Sue Proctorfortemporarily supporting us In the
Circuit Adminlstrator role during theyear. This allowed timefor discernment as to what was
needed in terms of administr8tion support forthe Circuit and we are pleased to welcome
Mich88l Brennan into the role of Governance, Compliance. Communication, and Property
Officer with effect from 1" September 2024.
The contract period forthe Pioneer Ministry Enabler role held byAndrew Kesiak ended on 31
December 2023 and we thank Andrewfor his workduring the fiveyears of the role and wish him
wellforthe future.
st
51Page

Choriey & Leyland Methodlst Clrcult
Trustees Report & Accounts for the Year Ending 31" August 2024
Achievementg and Perfonnance
Mlnlstry of all God•s People and Spiritual Growth
Deacon Ellen Monk Winstanley has continued to develop Spiritual Growth ministry across the
Circuit. Experiences have been offered for people across the Circuit to explore their faith and
spiritualgrowth through exploringthe Faith and Mental Health Course, Bereavement RefLection
Groups, The Divine He8rt of Darkne&% Retreatwith Cathy Bird, P8Storal Skills Treining and rnuch
more. As we go forward. we are offering an Advent Bible Study across the Circuit linked through
all the churches in Sundayworship. 8 PiLgrimage Retreatwith Jill Baker. a Lent Bible Study again
across the Circuit, Dream Whispering- looking at our goals and dreams in tife. 8nd 8 Theology
Book Club.
Schools
We have 4 Methodlst or Church of Engi8ndlMethodist Schools in our Clrcuit, servlng over 1.200
children and their families. We also have connections to many community schools where we
h8ve been invited in to share Haniest, Baptism, Communion and to welcome these schools into
our churches to share lessons around the church building. We offer regular RE support.
worship. supportto 8t8ff and families and In church worship as we supi)ort schools as th8yf8ce
the challenges of educating in today's world. We have continued our ministry of Open the Book
In several schools. both falth school8 8nd community Schools. We have offered a Godly Play
Oayand a John Wesley Llfepath dayto Schools thisyear and are currently planning more of
these. We offer ongoSng support to Senior leadership and staff through Ofsted and SIAMS
{St8tutory Inspectlon of Anglican & Methodist Schools) inspections. There have been sever8l of
these thls year!
We have also provided vital 8UPPOrt in the experlence of two of our schools in Leyland
becoming an academy as well as in the Interviewing and 8ppointment of 8 new Executive Head
Teacher. We also 8UPPOrted St John8 in Brinscallwlth their process for the appointment of a
new Head Teacher. Regular ¢L8ss worship and whole schoolworship has been offered in church
allowing children and their parents to experience worship together. We have also offered
hospitality opportunities to the school around these worships in church. We offer regulai Messy
Churches which meet both at school and at church.
Ecumenlcal
We continue to work ecumenicallywhere we can, and our Methodist Churches take an active
role In the work ot Churches together in Leyland, ELlXton. 8nO Chorley.
Outreach
Outreach- As with many in the local community. several of our churches continue to re8pond in
8 Variety of ways in offering warm spaces. Local churches are openingtheir doors on a regular
basls to creete community spaces where people are welcome, fed, end given space to
socialise. respondingto the needs of isolation and loneliness. In addition, some of our
churches are continuing to work with many Sanctuary Seeker8. offering support and ongoing
suppLying of practlC81 needs, as weLi as 8dvocacywork. One of our churches has 8(so started 8
worship serrfice forthosewho are Neuro-Diverse which is becoming a place of help 8nd
support. Our churches are constantlylookingforopportunities to move beyond the walis of the
church to engage in with the community In newways.
61Page

Choriey & Leyland Methodlst Clrcult
Trustees Report & Accounts for the Year Endlng 31" August 2024
Achievements and Performance cont.
Governance
The Circuit sought to be fully compliant with all aspects of Charity Commisslon requirements.
especially in relation to the Safeguarding ot Children. Young People and Vulnerable Adults.
The Circuit's Safeguarding Policy was renewed at the start of the year and all necessarytraining
was undertaken by those post holders that the Methodist Church deems necess8ry. The Circuit
coordin8t8s aspects of the work of Safeguarding within the Ioc81 churches.
The Circult works closelywlth the District Safeguarding Officer, the Connexional Methodlst
Church and Due Diligence Checking (DDC) for DBS checks.
The Circuit acknowledge8 the importance of the General Data Protection Regulation8 IGDPR)
and contlnues thet88k of ensuring all its practice8 and those of the Ioc81 churches are
compllant wlth regulation8.
Trustees for Methodist Church Purposes (TMCP) Ss the controller and responslble forgeneral
d8ta protection issues arislng in respect of day to day matters.
Property
The Circuit, through the cIrcu￿ Meetlng, acts as Managlng Trustees for circuit propety, whlch18
primarlly th8 m8nses provided as homes and worklng environments forthe ministerial staff. In
addition, 8S 8 result of the academisetion of Leyland Infant & Junior Schoo18 With effectfrom 1st
Aprll 2024the Circult a88umed re8pon8Iblllty as ManaglngTru8tee8 for both these propertle8.
The redundant manse (James Place) in Coppull was sold In October 2023.ln December 2024 8
further twelve-month Ilcence to occupy the Arley Wood Drive manse was entered Snto wlth the
existingtenant8. The Trustees continue to revlewthis to ensure best use of Charltyfunds.
The former chape18 In Wlthnell Fold and Heskin tr8nsferred to become the responsibility of the
Clrcult durlng the year and these were sold In December 2024 and March 2025 respectively.
Please see Note 15 in the Financial Statements for more detsils.
Flnanclal Rovlew
Income for the Generel Fund for the year ended 318tAugu8t 2024 wa8 £331,346 (2023:
£303,229) and expendlture £334,423 {2023; £350,900), resultlng In a deflclt before investment
galns & losses of £13,077,12022: (£48,671)).
The Circult ModelTru8t fund shows an Increase of £191.320, largelydue to th8 net $818
proceed8 of a former man8e8. The Impact on overall funds w88 zero as the c8rrylngvalu8 of
these propertles was held In General Funds whlch Is then released in the'Recl888lfication of
Funds, ISne on the Statement of Flnanclal Activitie8.
Detalls of Income and expendlture on Designated and RestrictedlEndowment Funds can be
found In Note8 23c & 24.
Re8orveslRe88rve8 Pollcy
As at 31 August 2024the total funds of the Circult were £2,178,320. of which £1,978,280 was
heLd in propertie8, 8 further £39,188 in Designated & Restricted Funds and £498,882 in the
CMTF held wlth TMCP. Thls leaves a total of £106,748 of 'free' reserve8 in the General Fund. The
flrst call on these funds Is to coverthe operatlng expenses of the Circuit. Based on 8nnual
budgeted operating expenditure for 2024-25 of £344,344, the Circuit currently holds
unrestricted reserves equal to 3.72 months of expenditure. The Reserves Policy is to hold
minimum sum equivalent to 6 months, average expendlture. The Trustees are comfortable wlth
this positlon as the Trustees Interest Fund, held with TMCP, stands at £460,746 as at 31" August
2024. Whilst there are restrictions on the use of this fund it can be used for some specific
operating costs, whlch 8re Included In the budgeted operatlngexpendlture.
71Page

Chortey & Leyland Methodlst Clrcutt
Trustees Report & Accounts for the Year Endlng 31•1 August 2024
Golng Concern
Following a review of the financial position atthe date of siEningth8se accounts and projections
forthe following 12 months the Trustees considerthat the charity is a going concern.
Structure, governance and management
Governlng document
The governingdocument forthe circuit is the Deed of Union (1932) and Methodlst Church Act
(1976). Deteiled governance arrangements are outlined within the Constitutional Practice and
Discipline of the Methodist Church by order of the Annual Conference (CPD).
Govornance
The Trustees meet three tlmes a yeer. Day to day management of the circuit is undertaken bythe
Clrcult Leadership te8m. comprised of the MSni8ters and Clrcult Stewards Ilsted on Page 4
above..
Appolntment of Trustees
Trustee8 ara appointed In accordancewiththe provisions of CPD
Trustee Inductlon and Tralnlng
A range of guidance produced by Methodist Connexion to support the effective running of the
circuit, 8pecific8lly the leaflet'The Role of a Trustee in The Methodist Church, is given to all new
Circuit meeting members as induction to their role 88 trustees.
Related Partlos
In addltion to the trustees who served during the ye81. the Tru8tees consider the following
oiganisalions to be related parties for the purposes of disclosure of related party transactlons:
The Circuit Is p8rt of the Lancashire District (with effectfrorn 111 September 2024 the North West
England District) and is also 8ccountabLe to the Methodist Conference. The following Methodist
Churches are linked to the circuit:
Adlin
ton United Reformedlmethodist Church
Eccleston Methodist Church
Leyland Methodist Church
Spendmore Lane Methodist Church
Chorley Methodist Church
Euxton Methodist Church
Hillside Methodist Church
Midge Hall Methodist Church
Whlttle-le-woods Methodist Chuwch
Fundralslng stsndards
The Charity doe8 not carry out any significant fundraising activities
Reference and Admlnlstrathve Detalls
Reference and administrative details are shown on Page 1 ofthis document.
Trustees
The Trustees who served the Charity during the period of the report are as shown on Page 2 of
this report
8IPage

Choriey & Leyland Methodist Circuit
Trustees Report & Accounts for the Year Endlng 31" August 2024
Trustees, Responslbllltles
The trustees are responsible for preparingthe Twstees'Annual Report and the financi81
statements in accordance with applicable law and United Kingdom AccountingSt8ndards
(United Kingdom Generally Accepted Accounting Practice).
Comp8ry18w requires the trusteesto prepare financialstatements for each financialyear
which give 8 true and falrview of the state of the affairs of the chailtsble company and the group
and of the incoming resources and application of resources. includingthe income 8nd
expenditure. of the charitsble group forthat period. In preparingthese financial Statements, the
trustees are required to:
select 8Uit8ble accounting poLicies and then applythem consistently;
observe the methods and principles in the Charitles SORP:
• make judgements and estimates th8t are reasonable and prudent:
State whether applicable UK accounting standards have been followed, subject to any
m8terlal departure disclosed and explained in the financi81 statements; and
prepare the financial statements on the going concern basis unless it is inapproprlate to
assume that the charitable company will continue in business.
The tru8tee8 ale responsible for keeping proper accounting records that disclose wilh
re8sonable accuracy at 8nytimethe flnancial position of the charitable company and enabLe
them to ensurethatthe financial 8tatement8 complywith the Companies Act 2006. They are
also responsiblefor s8fegu8idingthe assets otthe charitable company and the group and
hence for taking re88on8ble 8tep8 forthe prevention and detection of fraud and other
lrregui8ritie8.
Insofar as the currenttrustees are aware,
there 18 no relevant audit information of whlch the charitable company's auditor8 is
unaw8r8; and
• the trustees h8ve teken ail 8tep8 they ought to have taken to make themselves aware of any
relevant audlt Infonnatlon and to estab118h thatthe auditor Is aware of that information.
ApprO￿d by thoTru8tees on
and slgned on It8 ￿hAll by:
Rev'd G McBrlde- Chalr
Trustee
91Page

Choriey & Leyiand Methodlst Clrcutt
Trustees Report & Accounts for the Year Endlng 31ffi August 2024
Chorley & Leyland Methodist CircuiL.
No...01108
Declarations and Scrutiny
I confirm that these accruals-based accounts for the yearto 31 August 2024 have been prepared from Ihe
records of the Circuit and that they include all funds under Ihe control of the Circuit Meeting
Slgnature of tr88surer..........................
lil El?)
N8me and addres3 of treasurer. Tlmothy J M8Ulng. F.C.C.A.
18 Mlllwood CIo88. Wlthnell Fold. Chorley. PR6 8AR................
Pr•$ontatlon to tho Clrcult Maetlng
I confirm that the annual report and accounts for the year ended 31 Augugt 2024 were
presented to th8 Clrcult Meelln8on 12" March 2025...........................
SS8nature of the Chair ol the meetin&
RevG McBrlde...........................
. Date:...... 12" March 2025........................
10IPage

Chori•y & Leyiand Methodlst Clrcult
Trustees Report & Accounts for the Year Endlng 31" August 2024
Independent Examlner's Report to the Trustees of the Clrcult. named above
The Circuit's trustees are responsible lor ensuringthat the annual report and accounts for the ye8r to 31
August2024 present atrue and fairviewofthe Circuit's income and expenditure fortheye8rand of its
assets and liabilitie$ 8t the balance sheet date. The trustees consider that an audit is not necessary for
this year under section 144 of the Charities Act 2011 and that an independent examination is needed.
It is my responsibility to:
examine the accounts under section 145 of the Charities Act 2011
follow the procedures laid down in the genernl directions given by the Charity Commission under
section 14515Xb) ol the Charities Acl 2011
state whether particular matters have come to my attention.
Name of Circuit: Choriey& LeyLand..........
No: 01108
Basi8 of Indepandent Examlner's Report
My examination was carried out in accordance with the general directions given by the Charity
Commission. An examlnation includes a reviewofthe accountingrecords kept bythe charityand a
comparison otthe accounts with those records. Italso inciudesconsideration of any unusual Items, In
nature or $c8le, or dis¢lo$ure$ in the accounts. seeking explanations from the trustèes conc8ming such
matters. The piocedures undertaken do not pro%ryde ali the evidence thatwould be required in an audit
and, consequentty, no opinion is given as to whether the accounts present a true and fairview. My report
Is limited to those matters set OLrt in the statement below.
Independent Examiner's Statement
In connection with my examination. no matter has come to my attention {otherthan 88 disclosed below")
{11
thlch gives me reasonable cause to believe that In any material respect the raquirements
to keep accounting records in accordance with section 130 of the Charities Act 2011
to prepare accounts which accord with the accountlng records and complywith the
accounting requirements of the Charitiès Act 2011
have not bean met. or
(2)
to which. in my opinion. attention should be drawn in orderto enable a proper understsnding
of the accounts to be reached.
13)
I have not obtained independent verification of all investments with the Trustees for
Methodist Church Purposes orheld in othertrusts. bank balances and lunds atthe Central
Finance Board ot the Methodist Church which are individually in excess of £10.000 (ten
thousand pounds) at the balance sheet date.
Signature of independent examiner:.. ... ............ ..
Name of independent examiner: Jacqueline M Adams
Relevant professional qualification of independent examiner. Nla
Address: 2 St ble M
ws. Mlllwood Close, Withnell Fold. Choriey. PR6 8AR
Date:
11.T.........14aag
111Page

Chorley & Leyland Methodlst Clrcult
Trustees Report & Accounts tor the Year Endlng 31￿ August 2024
ststement of Flnancial Actlvltles (SOFA) for the year ended 31 August 2024 - Es
Unrtstrl¢t￿ F¥rtds
N￿e
General
Fund
c1￿ul1
Model
Trust F￿d
Desl8nat¢d
Fund5
Re5trf¢*d &
Endowment
Funds
Totsl
2023Q4
T4xal
2022.23
Income and Endowments
Oonatlons and legacles
Income from monetary Investments
Income from investment propertles
Assessmenis on Churches
25
25
637
22.463
233
23,333
22,616
290,869
238J02
6.100
22,616
290.869
3OON84
609,001
12,255
103
Capital Recelpts
Grants ￿Ceived
Other charltable a¢tlvltles
238.302
Total from Charllable A¢tlvlll*s
314147
260,765
575.145
927W3
346
Other income
7,199
1,328
8,527
Total thwmè and Endowments
260,765
583hn
Expendlture
Grants and donations
Salarles and a5s0clated costs
2,117
205,537
33.738
77.203
1.470
15,335
20
3.607
220,873
33.738
87.175
4.537
261,334
31,062
88.919
Propertv
Dlstrkt Assessment & Lewy
Depreciation
Office expenses
Other outgoin85
.Total thorltsble Expendllure
14,317
14.3451
2,209
13,619
877
3,092
15.794
3,346
22,775
101
15J93
L557
619
14024
411?74
Net In¢omlng Re50Urtes l(Resour¢
Expended before Inveslmert Galns IILo$6¢s)
113m71
245J71
1140241
922
9391
516J16
Gainlllossl monetary investments
Gainlllossl Investment properties & manses
Reclassiflcatlon of Fund5
2.581
2,581
11.6611
154,571)
{609,001)
1148,918)
405016
1187,0221
205.717
405.816
(187.0221
Net IncomellExpendllure)
Transfers between funds
922
58.867
156,8321
12,0351
Other 8alnslllossesl
Net Mwem¢nt In Funds
264584
194320
307,562
922
440,767
1148.918)
IA86,470
Total funds brought fon¥ard
less Loans Repald
add back Future Instalments of Grants
1.375,667
35,527
18,797
L737,552
Grant Instalment Provlslons Released
Trt41 Fund$ Carrled Fonydrd
1.64Q250
498082
1178.320
121Page

Chorley & Leyland Methodist Circuit
Trustees Report & Accounts forthe Year Ending 31" August 2024
Balance Sheet as at 31 August 2024- £s
Unrestrirted Funds
Note
No.
General
Fund
Circuit
Model
Trust
Fund
Designated
Funds
Restricted &
Endowment
Funds
Totals
2024
Totals
2023
Flxed Assets
Circuit M3nses & Equipment
17 a-d
1,127.686
1.127.686
1,127.686
Investment propertie5
17 a-d
405,816
405,816
187.022
Investments
18
38.136
38,136
35.555
Total Flxed Assets
1,533502
38.ia6
L571,638
1.350,263
Current Assèts
Debtors
19
24.313
101
24,313
21.998
Loan5 by the Circuit
Investments with TMCP
20
99.870
99.870
91,000
21
21
460.746
460.746
272,006
Central Finance Board Dep051t5
Cash at 8ank and in hand
7.369
4,690
12.059
24,874
21
72.474
12,100
15.030
99.603
56.577
Total Cuffent Assets
196,657
460.746
19.468
19,720
696,591
466,455
Current Ilab511ties
Creditors (due in under I yearl
Grants payable within l year
Total Current Liabilities
22
89,909
89,909
79.166
89,909
79.166
Net Current Asset5/Liabilitie5
106,748
460,746
19.468
19.720
606,682
387,289
Total Assets less Current Llabllities
1,640250
498A82
19,468
19.720
2.178.320
1.737,552
Long term Ilabllities (due after more
than one year)
Grants payable after l year
Loans to the Circuit
Net Assets
1.640.250
498.882
19,468
19.720
2,178.320
1,737,552
Funds of the Clrtult
General Fund
23a125
23b125
1.640.250
1.640.250
498.882
19.468
1,375,667
307,562
35,527
Circuit Model Trust Fund
498.882 1
Designated Funds
23c125
19.468
Totsl Unrestrirted Funds
2,158.600
1.718.755
Restricted & Endowment Fund5
24125
19.720
19,720
18.797
Totsl Funds
1.640.250
498.882
19.468
19.720
2.178.320
1.737,552
131Page

Chorley & Leyland Methodlst Clrcuit
Trustees Roport & Accounts ft>r the Year Endlng 31" August 2024
Cash Flow Statement for the year ended 31 August 2024
2024
Z023
Cash from operating artlvltles
Net cash used in operating activities
127,492)
(137,921)
Cash flows from investlng activities
Dividends, interest and rents from investments
Proceeds from the sale of property, plant and equlpment
Purchase of property, plant and equipment
TMCP Charges & Levies
Net cash provided by investlng activities
23,333
238,302
6,100
609,001
115,194)
246,441
(3,2461
611.856
Cash flows from financing activities
Loans Granted
New borrowing
Repayments of borrowing
Interest Paid
Net cash used in flnancing artivitles
1379,2061
11,9851
(381,1911
Change In cash and cash equlvalents in the reporting perlod
Cash and cash equivalents at the beginnin
of the reporting
eriod
Cash and cash equivalents at the end of the reportlng perfod
218,950
353,457
572,408
92,744
260,714
353,457
Reconclllatlon of net income to net cash flow from operatlng activities
2024
2023
Net Income for the reporting period ( as per statement of financlal actlvftles)
Adjustments for:
Profit on the Sale of fixed assets
Closed Churches Transferred In
Loss on the sale of fixed assets
Losses on investments
Dividends, interest and rents from investment5
TMCP Charges & Levies
Interest Paid
lincrease)/decrease in debtors
Increase/(decrease} in c￿dItorS
Net tash used Fn operatlng activities
440,767
1148,918)
151,2801
1405,816)
(7,065)
61,636
1,661
16,1001
3,246
1,985
3,121
147.4871
1137.921)
12,5811
123,333)
15,194
(o)
111.1861
10,743
(27.492)
Analysis of cash and cash equlvalents
Cash in hand
Short term deposit (less than 3 months)
Total cash and cash equlvalents
99,603
472,804
572.408
56,577
296,881
353,457
141Page

Chorley & Layland Methodl8t Clrcuit
Trugteos Report & Accounts for the Year Ending 31" August 2024
Notes to the Financlal Statements for the year ended 31'Augu8t 2024
1) Bagls of Accountlngand Accountlng Pollcies
a) Accountlng Standard
The financlal statements have been prepared in accordance with AccountingandReportingby
Charities.. Statement olRecommended Pr8Ctice (SORP) applicable to charities preparing their
accounts in accordance with the Hnancial Reporting standard applicable in the UK and Republlc
of Ireland IFRS102), effeclive from 1 January 2015. (Charities SORP {FRS102)).
b) Publlc Benefft Entlty
The Chorley & Leyland Methodist Circuil meets the definltlon of a public beneflt entity under FRS
102. Assets and li8bilities are initially recognised at historical cost ortransactlon value unle88
olh8fwlse stated in the relevant accounting policy note{s) below.
0) 8a618
These accounts have been prepared on the bas18 of hi$torlc8l cost except that the Investments
are Shown at their market value at th8 end otthe year. The accruals basis has been used and the
Trustee$ present accounts that show a true and f8ir view of the Clrcuit's fin8n¢i81 position and
activitie8.
d) Contsnt
The tlnanclal informatlon presented is relevant. reliable. comparable and complete. Where
estlmates are used these aro based on experlence. research and Judgement. The accounts are
expressed In £sterling, rounded to the nearest pound.
e) Golngconcorn
Based on the monetary assets and human resources avalL8bie at 31 August 2023, the trustees
believe thatthe Circult is a goingconcem.
t) Con8olldatlon
The Clrcult hasdenomln8tlonal regulatoryoversight in respect ofthework ofthe Churches withln
the Clrcult but has no legal or oper8tion81 control of those Churches and their governing bodi88
except in extreme circumstances. For this reason. the financial stalements of the Churches
wlthln the Clrcult are not consolid8ted into these financial 8tatements. The incorne and
expendlture relatlngto the Women's Net*vork- Chorley & Leyland Circuit are consolidated into
these fln8nci81 statements as thls group does fall withln the overall governance of the Trustee8.
g) Income Reco8nltlon
Income18 brought into acc¢￿nt when there Is entltlement and the amount 18 rèliably measurable
once It18 more Ilkelyth8n not thatthe economlc benellt of the Income will be forthcomlng.
Indlvidual amounts categorised a3 Other Income in the SOFA will be shown separately il they are
consldered material.
The Circuit acts as agent in three matters:
The collection from Churches and payment over of their contrfbutlons to varlous Funds
controlled and administered by The Methodist Church. known as 'Connexlonal Funds,.
The administration (application. collectioTr and disbursement) of grants requested by
Churches within the Circuit from, but not lirnited to. the District and Connexional.
The collection from Churche5 and payment over of their contributlon5 to the Circuit
nominated 'Charity of the Year.,
151P8ge

Chorley & Leyland Methodlst Clrcult
Trustees Report & Accounts tor the Year Endlng 31" August 2024
Notes to the Flnanclal Statements forthe year ended 31'August 2024
In all these matters th8 transactions are not reflected in the SOFA b8cause they are ihe Income of
either the Conn8xion or the Churches 85 approprlate. Instead, the transactlons 8re di8clo8ed in
the Notes to the Accounts as required bySORPIFRS1021, module 19.12
In accordance with the CharltSes SORP IFRS 1021 the tlme ofvolunteers Is not recognised.
Further information on thls matter 18 provided in the Trustees Annual R8POrt. Ifgood$ are
donated, a value WIU be shown In the SOFAor Noteswhere the value Isconsldered materlal.
h) Expendlture
Expenditure Is reco8nlsed when a118bility is incurred, or a constructlve obligatlon arlses, where
the amount 1$ rellably measurable and It Is consldered more Ilkely than not that there will be an
outflow of economic beneflt.
l) Grants
Grants made bythe Clrcuit from Itsown lunds are recognlsed In full 8t the tlme of agreem8ntto
make 8 grantwlthout performance conditlons oras and when the Circuit accepts that there18 8
legal or op8r8tion8 obligation to make the payment if It18 sublect lo performance ¢ondltlon8.
When the grant to be accrued18 recurrent over more than oneyear, the b818nce payable In future
years, dlscounted to net present value where the dlfference 1$ m8terlal.18 treated as a provlslon
lor future commltments In the balance sheet against ihe appropriate fund. The provl8lon Is then
released In future years In 8¢cordance wlth the orlglnally agreed terms. Any future payment
provl$lon18 applled to the fund from whlch the grant wlll be ultlmately be pald
J) VAT
As the Clrcult Is not VAT reglstered, 811 Input VAT 18 charged wlth the expen888 to whlch It refers.
k) Tanglble Flxed A$••t8
These are capltallsed If they can be used for more than one year, and Indlvldually cost at
least £1,000.
Freehold property owned as at 31st August 2015 Is shown In the accounts at 2015 deemed
values based on insured amounts. Property acqulred after that datels shown at cost. No
depreclatlon Is provlded because the Trustees conslder the current resldual value of the
propertles In thelr present condltion to be not le55 than thelr h15torlcal cost and, In the
absence of any materlal impairment, any deprecation provision for the bulldin8 component
of the propertles would be Immaterial. From time to time the Circuit may be requlred to
assume responslbillty for Church premises following closure and cessatlon of worshlp. Thls
results In the Clrcult becoming Managing Trustees for the property. At the tlme the property
Is recognlsed as an asset at its antlclpated net sale proceeds as determlned by a professlonal
valuatlon and after taking into consideration the levy to be charged by the Connexion. Any
expenditure of such assets, that Is likely to enhance sale value,15 capltalised at the tlme the
expenditure is incurred.
Manses which are no longer required and subsequently offered for sale are revalued at its
anticipated net sale proceeds as determlned by a professional valuatlon and after taking into
consideration, disposal costs and the levy to be char8ed by the Connexion.
161Page

Choriey & Loyland Methodlst Clrcuit
Trustees Report & Accounts forthe Year Endlng 31" August 2024
Notes to the Flnanclal Ststements for the year ended 31'August 2024
Basls of Accountlng and Accountlng Pollcles cort.
l) Monetsry Imiestments
The Circuit's investments are in monetary assets classified as basic financial instruments under
FRS102, and are held by the Trustees for Methodist Church Purposes l°TMCP") as custodian
trustees. The valuations. at market value. a￿ those provided by TMCP. The unreaiised gains or
losses arisingon investmentsatthe end oftheyearare shown inthe SOFA and in Note 16 below.
m) Investment Property
From time to time the Circuit rnay hold residentl81 property Ifonnally manses) 18 either surplus
to its normal staffing requirements or is not currently required due to different liifjng arrangements for
one or more of the presbyters. Where this is the case and it is anticipated that the property is unlikely
to be used as a manse within a period of two years. the property is classified as Investment Property
(whether let out or not). Any letting arrangements are at market rates unless there is a compelling
reason not to do so in furtherance of the Circuit's charitsble objective
n) Recelvables and Payables: Bank and Cash (Basic F5n8nclal Instruments)
Debtors are stated at the amounts owed to the Circuit or prepaid. Creditors are initially r8CO8ni8ed at
settlement amount after any trade discounts, where normal credit terms apply. Subsequently
creditois that are current tiabilities are measured at the cash or otherconsideration expected to be
paid. The ￿'qUid funds of bank balances and deposit fund balances are shthvn at their realisable
values.
o) Funds
The trustees have adopted a policyfor au unrestricted reserves which ig to malntain a minimum ot Six
months cover for Operating Expenses together with specilic designated funds for Major Manse
Repairs and Ministers Removal Costs. Furtherdetaiis can be found in Note 24
p) Mlnlsters Manse Costs
The Circuit is required to provide 8ccommodation for each minister in the Circult and their families,
and this is seen as a benefit to the Circuit. Ministers are expected to occupy the manse provided for
them. The Circuit bearsthe costof repairs, maint8nance. buildings insurdnce. coun¢iltax and water
charges. These figures are not separately disclosed as benefits in kind as HMRC does not seek to tax
these receipts in the hands of the ministers.
171Page

Choriey & Loyland Methodl8t Clrcuft
Trustees Report & Accounts for the Year Endlng 31•1 August 2024
Notes to the Flnanclal Statements forthe year ended 31•August 2024
2) GIo88ary of Terms
CFB: Central Flnance Board of the Methodlst Church- manages a Common Deposlt Fund and a
series of pooled ImEstment funds for M8thodist entitle8 In Great Britain. and provldes Investment
advice to those entities.
Church: 8 group of memb8rsfrom fewerthan 10t0 more than 300.
Clrcult: a group of Methodist Churches near each other. typically between 10 and 30.
Clrcult Leader8hlp Team (CLT): a 8roup (comprising mo$tty. but not exclusrvoty) of Clrcult trustees
responsible for the day admlnistration and policy formulation ol the Circuit. Generally, the CLT
comprlses the Presbyters and D8acons stationed within the Circuit. together wlth the Clrcult
Stewards, ol which the Circuit Treasurer 1$ one.
Clrcult Moetln$ The Trustèes of the Circult. most of whom are appolnted ty their local Churches
and others by virtue of a role they undertake fof the Circuit andlor their local Chur¢h88.
Connoxlon: The Methodlst Church in Great Britain whlch Include$ the Head Offlce al Methodlst
Church House. 811 Methodist Distrfcts, Cir¢uiiS and Churches.
Connoxlonal Funds: The Designated andlor Restricted Funds held and admlnistered by the
Connexlon In lurtheran¢e of It charitable and mission oblectives.
018trlct: a group ol contiguous circults Usually bewn 15 and 30.
FAS: Flnanclal Reporting Standard.
. Full time equlvalent. Used in the expresslon of staffing lthis when not all staff are employed on
a full-tlme ba81$.
HMRC. Her Majesty's Revenue & Customs
Lay Empioyoe8: Personnel employed by the Church on generally accepted commercial employment
temis.
Manso: Accommodation provSded by the Circuit for the Pre$byt¢rs for the perlod that they are
statloned within the circuit
MMPS: Methodist Mlnisters, Pension Scheme
PASLEMC: Penslons and Asyurance Scheme for Lay employee8 of the Methodist Church
Pro8bytern: Probationer or Ordalned Methodist Ministers 8ndlor Deacon8 who have p88toral and
admlnl8tr8tlve responsibility for the Churches wlthin the Circult
Qulnquonnlal Report: a report prepared every five years by an archltect or qu811fle(I bulldlng surveyor
on each manse and church within the Circuil outlining (in priority order any maior repairs needed to
the building
SOFA: Statement of Finan¢lal Activities.
SORP: Statement of Recommended Praclicè.
TMCP: Trustees for Methodist Church Purposes, the legal ovmer and Custodian TnJstee of all
Methodist ModelTrust property, including Legacies, Endowments and Accumulated Fund$
181Page

Chorley & Leyland Methodlst Circuit
Trustees Report & Aeeounts for the Year Endlng 31" August 2024
Notes to the Financial Statements for the year ended 31'August 2024
3) Income from Investment Propertles
General Fund
202>24
2022-23
Former Manse- Arley Wood Dr6ve
aosed Church- Heskin
12,616
10.000
Totsl
22,616
The former manse situated in Ariey Wood Drive, Chorleywas designated as an Investment Propety and
following an options appraisal the Trustees decided that It was in the best Interests of the Circuit to rent
the property. and as a result a 12 month licence was entered on 27" December 2023.
As a result of the transfer to the Circuit ol Heskin Methodlst Church. a Ilcence was issued to Nature Trall
nursery.
Letting income 1$ shown gr0$80ffees and commlssions whlch are accounted ft)r in Prop8rtyExpenses
(see Note 10b).
4) Assessments on Churches
Genernl Fund
202>24
2022-23
Adlington
Chorley Methodlst
Eccleston
4,205
42.024
19.025
28.721
48,238
21.228
27,591
Euxton
Hillslde
41.030
83.064
48,977
83,968
Leyland Methodlst
Mld8e Hall
Spendmore Lane
Whittle
41,530
21.012
10.258
33,775
22.381
12.427
300084
Totsl
290.869
The Clrcult comprlses 9 churches {2023: 9) and each is assessed fora contrlbution to meet a proportion
of the net operating costs of the Circuit. The calculation is based on the budget for the year and asse8sed
based on ordained and layworker time allocated. Due to the curtailment of our previous superintendent
minister delays in the recruitment of a budgeted lay worker the Trustees approved a r8bate of 9.7%. In
2022-23 a rebate of 4% was given as a result in delays in recruitment of a lay worker.
191PaEe

Chorley & Leyiand MethodSst Clrcuit
Trustees Report & Accounts for the Year Endlng 31" August 2024
Notes to the Flnanclal Statements for the year ended 31'August 2024
S) Capftal Recelpts
attull Madel Trust Fund
Totsl
202>24
Jame5
Totsl 2022.
23
Gross Sale pr￿eedS
279.730
133.4821
13.4481
11.0971
13.2401
11621
279.730
133.4821
13.4481
IL0971
13.2401
162
715.000
189.1461
19.0311
11.7681
15,8801
11741
609A￿l
CPF Lewi
Seillng Agent Fees
Surveyors Fees
Lelal Fees
Other Fees
N•t S*les pro￿di
238J02
Thè former man88 8t James Place. Coppull was sold in October 2023 yieldlng net sales proceeds ol
£238.302. In 2023 two lormer rnan889 were sold yleldlng next 88le8 proceeds of £609,001.
6) Grantj Rec•lved
No grants were recelved in the year. In 2023 8rants totalling £12.225 were wecelved in the year12022:
£10,927), prlmarlly from the L8ncashlre Dlstrfct lor lundingfor the Pioneer Mlnlstry Enabler post.
7) Other Incomé
Gen•r•l
Fund
awjft
Model
TnMI Fund
D•i*nate
d Funth
Total
2023.24
Totsl
End¢)wmen
t Funds
Trf In- W Fold & Heskln
Renial Income. Nursery
Other
4589
2.610
4.589
2.610
1,328
8,527
1.328
50
T¢Jtsl
1328
Other 5ncome totawng £8,527 was received in the ye8r (2023: £50), Fund8 transferred in from the two
cI08ed churches totgued E4.589. and followlng the Academi88tion of Leyiand Infant and Junlor schools In
Aprll 2024. the Clrcult became Man8gingTrustee for both these properties. A nursery school occuple3
two separate parts of the slte, one under the terrns of a lease and the second under a Tenancy at Wlll.
Rental Income totallin8 £2.610 was received during the year as a result of these agreements.
20IPage

Choriey & Leyland Methodist Circuit
Trustees Report & Accounts for the Year Endlng 31" August 2024
Notes to the Financlal Ststements forthe year ended 31tsAugust 2024
8) Grants & Donatlons
Reversed
Thls Year
Carrled
Fww4rd
Paw Thts
Year
From General fvnds
Pald Thb
Year
Canled
Lknpald bll
5t Johns School. 8rinscall
1.117
IL1171
11.117}
Refugee Support
11,0001
Totsl
1117
111171
(1117)
A8reed Thls Year
Paw Thts
Carrled
Forward
Ayeed Prevlous Year
Pald Thls
Carrfed
Year
Totsl
PaldThb
om Oes*nated Funds
Ilwld blf
Contactless Gmng
610
16101
16101
3 Generate
820
18201
18201
1401
(IA70)
Other
{401
(V70)
Total
L470
O¥orall Totsl
(3W7)
(3.587)
Agreed Thks Year
Pakl Thb
Carrfed
Y￿r
Agreed Prevlous Year
Pald Th15
Year
Totsl
Unpald blf
Pald ThSs
Year
Other
20
1201
1201
1201
Totsl
Overall Total
13h071
13.607
During the year grants and donations totslling £3.067 {2023: £4,537} made as outlined above
9) Stlpends. Saiarles and Assoclated Costs
a) PresbyterJ & Deacons
PartThn•
rAneral
De51ufiated
Stipends
National Inswance
123.420
12.118
31.247
123.420
12.118
31.247
166.785
3.049
3.067
123.420
12.118
31.247
140.026
13.475
36,218
189.719
2.731
3.708
Pensions
Totsl Ernplayment C¢)sts
Telephone & Internet
Travelling
Removal & Relocation
3.049
3.067
3.049
3.067
Totsl
172JOI
196.158
211Page

Choriey & Leyiand Methodlst Clrcult
Trustees Report & Accounts for the Year Endlng 31" August 2024
Notes to the Financial Statements for the year ended 31'August 2024
b) Lay Workers & Admln Staff
General
2023
Salary
24.742
3.365
28.107
13,6S3
41.759
SSA92
National Insurance
Pensions
2.136
1.474
28352
113
2.143
1.474
897
572
3,039
2,046
4,326
3,323
63J41
972
Totsl Employment Costs
Telephone & Internet
Travellln
Total
3372
31,n4
114
J5,lli
150
264
761
37
3810
1.063
65,175
29226
3l636
15335
47.971
c) Totals
Genernl
Stlpend5. Salarfes & Aswclated
ZOl127
3AIO
205￿37
15335
220073
26LY34
d) Penslons
All ordained Presbyters & Deacons afe members ol the Methodist Ministers. Pension Scheme IMMPS).
which is a defined benefit scheme. The Supreme Court held in 2014that Methodist ministers (which term
was deemed to include p￿SbyterS and deaconsl are not employees of the Church. For simplicity,
tKJwever. when dealingwith National Insurance and pension contribLrtion8. the *mis'employer' and
'8mployee' are used as theywould be in an employing body.
On the other hand. lay employees are contractual employees and do have the option of joining an
occupationalpension schem&
Financial details of the MMPS can be found in the note to the Consolidated Report and Financial
Statements otThe Methodist Church
e) Cost of Superintendent. Presbytsrs & Deacons
The Joint Superintendents of the Circuit, the othei Presbyters and Deacons and the remaining members
of the CLT are considered as Key Management Personnel. One of the Joint Superintendents chairs CLT
and Circuit Meetings. The members of the Circuit Meeting are the Trustees ol the Circuit. The stipénds.
employevs NIC and employers pension contrib￿lon3 and other expenses of the Presbyters and De8cons
ol the Circuit are paid by the Circuit.
The manses are provided bythe Circuit and the Circuit maintainsthe properties. Council tax and water
charges are paid by the Circuit. bLrt as HMRC does not regard this a benefit in ￿nd the values are not
disclosed here.
Each Presbyter and Deacon is entitled to a three-month sabbatlcal. every seven years. Expenses incurred
during this are met by the Connexion, with the Circuit continuin8to paythe stipend. Duringthe year there
have been no sabbaticals. There are no additional co$t$ incurred as a result of sabbaticals as the
remaining Presbyters and Deacons cover the V￿rk without additional payment.
The total employment costs for Presbyters and Deacons can be found in Note 9a al)ove.
221Page

Chorley & Leyiand Methodlst Clrcult
Trustees Report & Accounts for tho Year Ending 31" August 2024
Not88 to the Flnanclal Statements for the year ended 31'August 2024
10) Property Expenses
During the year the Circuit was Managing Trustee for 3 manses12023:41, 811 ofwhich were occupied by the
Presbyters. The Clrcuit was also Managing Trustee for a fomier manse. James Place, which was sold In
October 2023 and also for a former manse Arely Wood Drive. which was designated as investment
property b%rylh effect from December 2023.
The cost of on-going rnaintenance and improvements to all properties is current funded on an'as
Incurred'basisfrom the Gèner81 Fund. Any majorlone-ott repairsormaintenance are funded fromthe
reserve held in Designated Funds.
The Clrcult18 al80 respon8ible lor any property r8l8ted expen888 In respect of 2 closed churches. Wlthnell
Fold and He$kln Methodl8tchurches. as well as Quinquennial Report8for allChurche3 and Man888
wlthln the clrcult.
Followlngthe Academ188tlon of Leyland Infant and Junlor schools In Aprfl 2024 the Clrcult became
Managing Tru8te8 for both these properties. No propety expenses are Incurred In respect of these
propertles.
8) Exp•ndlturn on Manses
G•n•rnl Fund
M•n
Cqundl
T•x
lrtsur•fice
W*ter
Other
Tgt•l
202>14
Totsl
1022.23
M•lrt &
Arley Wotsd Ddve
Canberra Road
5,216
6.287
3,499
624
Uttl• Close
2.025
429
407
218
587
3.665
Mlllfleld Road
Warton Plac•
483
305
360
918
2.748
4,090
io
1777
4,121
524
Wlndsor Drlve
1,529
496
1.074
72
Total Gtft¢r•l Funds
Deslgn•t¢d Funds
Arley Wood Drlve
Wlrbdsor Drlve
Wèrton Place
Total De￿Vated Funds
Totsl- Man￿$
10.503
231Page

Choriey & Leyland Methodlst Clrcult
Trustees Report & A¢counts for the Year Ending 3141 August 2024
Notes to the Flnanclal Statements for the year ended 31'August 2024
b) Expendlture on Other Property
General Fund
202>24
Investment Propertles
Church Quinquennial
Reports
Tatsl
23.234
8.063
475
23334
cl Totsl Expendlture on Property
Genernl Fund
202>24
Desfvted ￿ndS
202>24
2022.23
Totsl Funds
2022-23
Manses
10503
22,524
10.503
22,524
Other Pro
rtle5
23.234
8.538
31W62
23.234
8.538
31.062
Totsl
33.738
11) Dlstrfct Assessment Levy
The District Assessment is calculated relati￿ to the proportion ol Staffing (Presbyters. Deacons and
Mission stam of all Circuits within the Lancashire District. Presbyters & Deacons. attract a w8ightingof
1.50 per Fte and Mission Staff a weighting of 1.0 per Fte. The amounts included in Designated Funds
relate to the Pioneer Ministry Enabler. The Circuit Model Trust levy is calculated on a sliding scale
percentage ol the Circuits CMTF account balance as at 31 August in the previous a¢countingyear.
Totsl
Totsl
202>24
Genernl
Fund
Funds
Distrfct Expenses
Methodist C￿r£h Fund
11.604
65.599
16531
13.692)
10.951
61.907
14.317
12,321
73.663
- CMTF
14.317
2.936
Total
14J17
14345
87J75
88J
12) Office & Admlnlstration Expenses
arcult
Desl8nated
Total
102>
Total
2022-
TNst
Funds
Payroll Admin char8e
Computer Levy- Ministers
TMCP Investment Management
Fees
776
776
877
877
310
Printer Cartridges
Conference Mlnutes & CPD
587
587
363
Off￿e Equipff￿t
Circuit Webslte
369
249
249
249
Other Admin Costs
111
117
124
413
Total
241Page

Chorley & Leyland Methodlst Circult
Trustses Report & Accounts for the Year Endlng 31" August 2024
Notes to the financial Statements for the year ended 31'August 2024
13) Other Outgoings
Genernl
Fwnd
CIr￿tt
Model
Tn￿t Fund
Tot•1
202>24
Totsl
Funds
Ml* Preathln8 & Wwshlp
Supernumery Preather
Expenses
MessyChurch- Buckshaw
Resources
2.791
2.791
319
2.618
467
319
1.557
1.557
2.701
Other Expendlture
Tralnlng Course5 & Events
Apprenticeshlp Lewi
Staff RetreaVCLT Away Dov
Purchase of Rkkshaws
855
855
991
1.560
9.186
1.985
928
Interest Paid
Venue Hlre
1.370
5.411
1.313
1.370
5.411
1.932
Profe5slonal Fees
2.335
Other
619
13h19
01
1557
619
21775
14) Invastment Management
Duringthe yearthe Circuit paid TMCP. the custodians of the Circuits investments. management charges
based on 0.2% of the value ol the funds as at the beginning of the financialyear. Detaits of these by fund
are listed below. None of the individual amounts are considered material but the totals by Fund category
are shown in Note 12 above.
Realised and Unrealised gain8/llo8Je$) in invested funds are Ilsted below.
General
CSrcu
Model
Trust Fwid
De$￿ated
Funds
Total
Total
Funds
CFB Corp(xate Bond
CFB Managed Mlxed Fund
CFB Mana8ed Fixed Interest
Fund
16.751}
2.217
16.7511
2.217
1379}
11.271)
7.115
7.115
12
15) Gainl(loss) on Investment Propertles & Manses
2023-24: 408.816, (2023". £154,571) Duringthe year. in accordance with CPD, the Circuit became the
ManagingTrustees of 2 former churches. Withnell Fold Methodist Church and Heskin Methodist Church.
The sale of Withnell Fold completed on 2P December 2024 and the sale of Heskin is planned to
Complete in mid-march 2025. Accordingly. the net sales proceeds have been used to r8cord the carrying
values of these two assets as at 31" August 2024. As the￿ were no values previously attributed lo them
this then results in gains of £329.534 & £266.826 respectively.
251Page

ChorLey & Leyland Methodlst Clrcult
Trustees Report & Accounts for the Year Endlng 31" August 2024
Notes to the Flnanclal Statements forthe year ended 31'Augu8t 2024
16) Reclasslflcatlon of Funds
2022-23 £1187,0221,12022. £1609,001)). Thls arises due to net sale proceeds (see note 6) ol propertSe3
sold Inth8y8ararecredited to the CMTF, whereas the carryingvalue 1$ held In General Funds. The impact
on overall reseprfes is nil.
17) Man808 & Other Property
Bulldlngs compr18e 6 (2023: 51 compriging 3 manses located In Chorley, Leyland & 8rln8call together wlth
2 closed ¢hurctte8
a) Cost or Valuatlon
Investmenl
Prop•rtl
Land
Flxtures.
Flttln8% aftd
Equlpment
Alsèts under
Con5trudlon
Total
8alance brought forward
Addltlons In the year
Revaluatlons
187.022
405.816
1,127,686
1,729.622
less Dlsposals In the year
Transfers between Cate
Totsl
1187,0221
orkes
405,816
b) Accumulat•d Doproclatlon and Impalrmont Provl8lon8
1127 686
Balance brou8ht forward
Depreclatlon chJr8e for the year
Impalrment provlsions
Revaluatlons
Dlsposo15
Transfers
Total
c) Not 8ookValuo
Brow4ht For￿rd
Carry Forward
dl Scheduio of Propertle8
1127,686
1.127,686
1729,622
405
16
Prgptrtv
Arley Wood Drlve Imansel
Little Close (Mansel
Warton Place (Mansel
Wlndsor Drlve (Mansel
He5kin (Closed Church)
Withnell Fold (Closed Church)
Totsl
379,496
295.000
223,162
230.028
379,496
295,000
223,162
230,028
184,096
221.720
1.127,686
261Page

Chorley & Leyland Methodlst Circult
Trustees Report & Accounts for the Year Endlng 31*1 August 2024
Notes to the Flnan¢lal Statements for the year ended 31'August 2024
18) Investment Assets. Includlng Trustsos for Methodlst Church Purposes
The funds that supportthe Circuit Model Trust Fund (as listed below) are held by TMCP in Trustees
Interest, Managed Equity or Corporate Bond Funds on which interest or dividends are credited to the
account$ either monthly or quarterly. These are regarded as medium to long term investments.
TMCP is the legal owner and custodian trustee of all Methodist model trust property. including legacies.
endowments and accumulated funds. Trust property is held for and on behalf of local managing trustees
who are responsible for the day-to-day management of t￿st property. TMCP ensure. through providing
guidance and acting under their direction. that the managing trustees comply with charity law and
Methodist law and policy as determined by the Methodist Conferenc&
IRv¢sknont Ful￿ oolalts
Trirt F¥ftd- Delalls
Totsl.
2023
Unfts
CFB Managed Mixed Fund
CFB Managed Fixed InL Fund
CFB Corporate Bond
Tirtal In¥estm•nts
2CIC#)
5.698
4.126
5.417
28.650
155
2C122
1.762
7.270
7.270
2C128
6.751
34U6
35
2CIIO
460.746
460.746
307562
19) Debtors & Prepayments
All items shown as Debtors as at 31 August 2023 were received during the current financi81year. All gums
paid in advance at 31 August 2023 have been released in 2023-24. with the exception otfees relating to
the disposal of properties. £1.370. tt is expected that ali sums shown debtors & prepayments In advance
at 31 August 2024 will be ieleased in 2024-25
Gffieral
Fund
Yotal
2024
2023
Fvnds
TTh￿t
Fund
Funds
Trnde Debtors
Assessments
Other
640
Totsl Debtors
Prepayments
Stspends. Pen51on & Nl
InSUra￿e Premiums
14.152
1.487
385
14.152
1.487
385
17.052
1.857
306
Councll Tax & Water Char8es
Fees reL4ting to d1¥K￿l of
properties
Fundin8 for 3 Generate
Other
7.194
7.194
1.370
L260
152
55
55
Totsl thpayments
23,673
24313
24?
271Page

Chorley & Leyiand Methodlst Clrcutt
Trustees Report & Accounts for the Year Ending 31" August 2024
Notes to the Flnanclal Statements forthe year ended 31'August 2024
20) Loans to Churches
Loans to churches wlthln the Circult may be granted by the trustees for a variety of purposes. All loans 8re
Interest free. Th8 agreed repayment period lif set) 18 shown in the table below. The108n granted on 25"
November 2021 to Leyiand is to assist wlth essentlal malor roof repairs. and the108n granted on 31
December 2023 was to assist Leyiand with their boiler replacement projecL
Chuffth
Amount
Grnnted
ThtsYe•r
Repald
Thls Year
B•lan(•
clf
Gr*nted
Lèylartd Methodlst Church
Leyland Methodlst Church
Leyland Methodlst Church
2>140¥-21
91.OCKI
15.LJ)O
5.704
91.(Th)
16,1301
84,870
15,L
31-Dec-23
15.orio
5.704
28-Fe&24
l Year
5.704
21) Centrol Flnance Board (CFB) and Bank Balances
Monetary balances held at the Central Flnance Board of the Method18t Church, The Co-op Bank and 8t
the Royal Bank of Scotland plc are 811 available on demand without loss of interest. Where possible the
Re8tricted Funds are ali held in 8pecilic bank accounts. The allocation of the balances across General
and De858n8ted Funds 18 arbltrary, but whefever po&8ible ba18nces are not sh￿ a8 negatlve.
Gen•rnl
Totsl
Fund
arcu
2023
Funds
Tr¥st
Fund
Endowment
Funds
Central Flnance Board
17.5511
80.024
14.920
4.690
Ismo
12.059
99,602
24.874
56.555
22
(￿0P 8ank
R al 8ank of Scotl4nd
Tatal
74
li
8IA51
22) Crodltorn. Accruals and Income In Advance
All Items accrued or recelved In advance at 31 August 2023 were paid or Teleased In 2023-24. and It18
expected that the Same will occur with ail Items a8 at 31 August 2024.
General
cl[￿•1
Totsl
Fwnds
Tru
F￿d
Endowment
nds
In¢ome In Advanc•
Assessments recelved In advance
Rent- Arley W¢Jod Drive
Total Income In Advan
76.953
1,398
76,953
1,398
n351
44.756
nJ51
Credltors & Afcruals
Minister & Staff expenses
Mln15ter5 Removal Expenses
Clrcult Assessment Rebate
159
12,462
19.686
L764
339
Olstrl¢t ￿se$s￿ent
9￿43
1.177
92
Manse RepairslCoL¥KiI Tax etc
Other
1.177
92
Total Credltors & Accrwals
Tgtsl Q¢dltors Idue In under I
ear
558
34410
79.166
281Page

Chorley & Leyland Methodlst Clrcult
Trustees Report &Accountsfor the Year Endlng31"August 2024
Not88 to the Flnanclal Statements forthe year ended 31'August 2024
23) Unrastricted Funds
a) Goneral Fund
The purpose of th[$ fund Is for use at the dlscretlon of the trustees In furtherance of the general obloctives
ofthe Circuit. and which have not b88n designated for other purposes. AS at 31 August 2024. 72% {2023
82%) ofthis fund Is held 88freehold and long leasehold properties. being man$e8formlnlsters and
Investment propertie8. Details of gr8nt8 and donatlon8 made Irom the General Fund during the year can
befound in Note 8.
The Tru8ts83 are aware thatgranl applicatlons must d8monstrate publ1¢ b8n8flt and thl818true forth18
fund.
31-
3144Ui-23
1.375,667
Ballnte
1.640.2SO
b) Clrcult Model Trust Fund
31-Au
Balance
498,882
307,562
The purpose of th1$ fund is for use at the dlscretlon of the trustees In furtherance of the general oblectlves
of the Clrcult. Its main source of Income18 from the sale of church bulldlngs In the Circult.
Although th[818 technlcallyan Unfestrlcted Fund underthe control ofthe Trustees, Methodl8t Stsndlng
Orders 930, 931 and 917(21 do contain some restrlctlon8 on the u88 of the fund.
c) Degignated Fundg
B•l•nce
35,S27
These fund8 are to Serve Speclflc purpos88. but are not re8trlcted by any document or deed to that
purpose alone. Det8118 of the gpeclflc lund$ are a8 follow8:
Man40 Major Ropalrllmprov•mont Fund-th5818 a h18torlcalfund. 8Stabll8hed overtlme bytr8nsferrlng
fundg from the Genaral Fund. Tha fund balance at 31 Au8USt 2024 8tand$ at É13,30212022: £13,302>.
Pr••byt0r¥ & Doa¢on# Ramov81 Fund- u88d to meet the removal costs of new presbyter8 & deacon8
joining the ¢lrcuit. and w88 88t8blish8d overtlme ty design8tlng funds previously held In the Qeneral
Fund. The fund balance 8t 31 August 2024 8t8nds at £90612022: £9061.
Trainlng & Development Fund-thisfund was established durin8 20-21 to provide 8UPPOrt for Indlvlduals
who are looking to further d8V8lop their own falth lite with specilic training. The baL8n¢e as ot 31" August
2024 stand8 at £4,82012023', £5,883)
Other Designated Fund - th1818 used to lund 'one-off' Items that wouldn't be classed as normal
oper8tlng 8XP8ndltur8 or be covered by one of the other deslgnated funds. Th18 lund was fully utlllsed
duringthe year bringingthe b81ance 88 at 3111Au8ust 2024to 012023: £847)
291Page

Chorley & Leyland Methodlst Clrcuit
Trustees Report &Accounts for the Year Endlng 31"August2024
Notes to the Flnanclal Statements for the year ended 31• August 2024
24) Restrlcted and Endowment Funds
31-Aui-24
19,720
18.797
The restricted and endowment funds exist to support the causes below. The funds held 8$ Investment$
within the Balance sheet are managed by TMCP. In the SOFA the inv8Stment income and chaoes fof
these funds are recorded to the relevant lund and then a fund iransfer is recorded to reflect the fact that
the net income from these funds18fter charges) is credlted to the CMTF, which 18 an Unrestrlcted Fund.
Thefunds held on depositwith the Centrnl finance Board {"CFB"l are managed bythe CFB and th8
Interest is credtrted to the relevant account. Each lund is listed below and 18 categori8ed accordlng to the
followlng key:
EE- Expendable Endowment- C8pltal available with restrictions
PE- Permanent Endov4rnent- Capital unavailable
RL~ Locally Restrlcted- Capltal and interest available
Dliltal Enabler (IILI- Grants and donatlons rttel¥ed in 202￿21 for equlpment and resources to enable dl8Stal
rnlnlstry. The balance on this fund as at 31. Au8USt 2024 was £3.721.12022: £4,341}
8u¢kshaw Rlckshaw Project (RL)-Grants and fundrnislng to be used to wpport the Buckshaw Rlckshaw prolect.
The balance on thls fund now stands at £9.895 {2023: £9,895).
Local Preachers (RL)- to be used to support those followin8 thelr callSn8 to be local preachers. The balance on
thls fund at 31" Au8USt 2024 stood at £3.055. (2023: £2.9071
St Johns School (RL)- available to fund any emef8ency repalrs at theioint Church of En8landlMethodlst prlmary
school In 8rinscall. The balance as at 31. Au8USt 2024 st¢)od at £1,720 {2023: £1,630).
25) Summary of Fund Mov•ments
Balance at
I Sep 2023
8alance
•lJn
•t JI Aui
2024
General
1.375,667
321,346
260.765
1334.4231
15.193
.832
2W794
1,638.216
Clrcult Model Trust
307.562
156.832}
2,581
498,882
Total Unyestrfrted & Und•
l683228
5niiO
22&375
1137JlS1
Manse Major Repairllmprovement
Presbyters & Deacons R￿0¥al
Ploneer Mlnbstry
Contactless Glvlng
Tralnlrvd & Development Fund
other Desi
nated
13.302
13.302
906
14.588
112.5S41
2,035
5.883
11.0631
4,820
11.470
14.024
16191
440
Tolal Deslgnat•d
Dlw'tal Enabler
Bu¢k$haw Rkkshaw Pr¢ject
Ltxal Preachers
55￿27
4.341
9WS
2.907
1.635
3,721
9,895
3.055
1.720
1.328
101
19,no
2,178
St J¢>hns SCI￿1
Funds Aalsed for Commw)ity Ploneer
Network
1,328
20
201
639
Total Re5tr1cted
797
Totsl ofAU Funds
757￿
583,672
221375
30IPage

Chorley & Leyland Methodlst Clrcuit
Trustees Report & Accounts for the Year Endlng 31° August 2024
Notes to the Financial Statements for the year ended 31°August 2024
26) Analysls of Net Assets Between Funds
Fund balances at 31 August 2024 are represented by:
General
CITcuIt Model
Fund
Tryrt Fund
De51Enated
Fundi
Restrl(ted &
Endowment
Funds
Totsl
2022
Tangible Fixed Assets
Flyed As$et investmerrts
1,127,686
405,816
1,127.686
405.816
38.136
696.591
189.9091
1,729,622
248.658
35,555
46S.738
167.6261
Investments
38.136
460,746
Current A55ets
196.657
189.9091
19.468
19.720
Current Liabilities
Credltors Due After One Year
Total Fynd Value
1,640,250
498,881
19.720
2.1783ZO
1411,947
27) Related Partles
Receipts from and payments to related party during the year were as follows: Circult Assessments
totalling£290,86912023: £300.4841 were received from the Churcheswithin th8 Circult duringthe year
18ee Note 4 for further detalls), and payments of £72,858. (2023: È85.894} were made to the Lancashlre
District in respect otthe District Assessment. In addition, the payments scheduled below were made to
Trustees ofthe Circuitforsupernumery Preaching Expenses.
It is not generally Circuit policyto réimburse Circuit Meeting members for expenditure properly incurred in
carrying out their duties. However as outlined above the Presbyters and Deacons. are paid by the Circuit
for their work within the Circuit. In addition. payments (fees andlor travel 8XP8nses} are made to
Supernumeraryministersfor preachingduties they undertake within the churches ofthe Circuit. These
costs 8r8 reported as'other Out80in8s' and details of these payments to Supemumery Ministers who are
Trust888 ar8 Outlined below.
Trustee
2023-24
2022-23
Rev A Ma5hiter
1.358
600
1,179
700
Rev R Stubbings
Dcn S Nlcholls
697
683
Total
2￿55
2￿61
28) Agency Collections & Payments
The receipts and payments below were Collected on behalf of and paid to the various Methodlst Church
funds as listed below.
Recelpts
Payments
Balance
due {from)
I to Circult
-31Aug
24
Mlsskin In Brltaln Fund
1,490
1,520
11,4901
11,5201
14001
11,2901
14001
19391
Property Fund
World Mission Fund
Presbyters and Deacons Fund
Tralnlng Fund
JMA
1.290
939
Total
6.039
311Page

Chorley & Loyland Methodlst Clrcult
Trustees Report & Accounts forthe Year Ending 31"Au8USt 2024
Notes to the Flnanclal Statements for the year ended 31° August 2024
29) Volunteer Contrlbutlons
Every entity Iconnexion, District, Cir¢ult, Churchlwthin the Methodistchurch in GB Is he8vily reliant on
volunteers who contribute their skills, time and money in the furtheran¢e of the work of the Church. The
esbyters and Deacons are supported by local preachers and supemumerary minlsters to ensure that
worship can be held al allthe churches everysunday. In addition. many people contribute by Servlngon
committeesland orworking inteamsthat dealwith planning. mission, manses, finance, and
safeguarding.
30) Capltalcommitment and Contlngent Liabllltles
There were no capital commitments or contlngent liabillties at the year-end12024 nlll.
31) Lease ¢ommltments
On 26th July 2019 the Circuit acquired a property in Llttle Close. Leyland as a replacement manse. This
property Is subject to a 999 year leasewith effectfrom 1stJanuary 2000. The annuaiground rent payable
is £85. The Circuit has no other long-term 18as8 obligations. There are short term obligatlons for
telephoneslbroadband atthe Circuit Manses. The total annual ¢ostofthe8e is n0tconslde￿d material.
32) Independent Examlner
The independent ex8fniner provided no addltlonalservices duringtheyear.
33) Post Balanco Sheet Events
On the 2V' December 2024 the $8le of Withnell Fold Church was completed. The carrying value of this
asset 88 at 31" August 2024 of £221.720 relle¢ts the actual saLe proceeds net of both the Costs Incurred
In the sale and the CPF Levy,
321Page