CANNOCK CHASE METHODIST CIRCUIT (Charity Registration No. 1136126) Circuit No. 28108 FINANCIAL STATEMENTS For the Year ended 31 August 2020
CANNOCK CHASE MEfHODIST CIRCUIT TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST2020 Introdurtion The Cannock Chase Circuit was made up of twenty churches on and around the geographical area in South Staffordshire known as Cannock Chase. These churches are used primarily to provide places of Christian worship, education and fellowship for the people around those places. The buildings are also used to provide rooms for a variety of community activities. Aims and organisation The Circuit exists to worship God, serve our communities and grow our churches. Review of the year The world has seen unprecedented events this year because of the Covid-19 pandemic and Cannock Chase Methodist Church has been no exception. When the Government introduced a total lockdown from the 23rd March 2020 all our churches closed their doors for worship and all activities. Several of our churches offered worship by Zoom, a video conferencing service, or by YouTube or by telephone conference service. All our churches remained closed until the total lockdown ended and then following the directions of the Government and the Methodist Church they began to look at re-opening of the buildings. A few churches began to open in a very limited way from September 2020. Two ministers, the Rev Christopher Parkes and the Rev Margaret Slingo, left the Circuit in August 2019 and only one replacement was available. The Rev Margaret Eales joined the other ministers, who are Rev Nigel Young (Superintendent), Deacon Susan Culver, Rev Jacob Donkoh and Rev Edward Sakwe to continue the work in the Circuit. To help compensate for being a minister down the Circuit now employs 4 Lay Pastoral Assistants, working a total of 80 hours per week. The year started with 39 fully accredited local preachers on the Plan of which 24 are active but there were two deaths and one preacher moved to another circuit. There are two local preachers on trial, none on note and there are twenty-three worship leaders. Under normal circumstances there is, across the Circuit, on average approximately 312 Sunday services each quarter. These services are, in the main, conducted by the Ministerial Staff, Supernumerary Ministers, Local Preachers and some visiting preachers. On occasions when there are insufficient preachers available then local arrangements have to be made. In addition to Sunday Services several of the churches in the circuit hold midweek services which are seen as relaxed and informal and in many cases attract a wider congregation from across the denominations.
CANNOCK CHASE MEfHODIST CIRCUIT TRUSTEES, ANNUAL REPORT Many of our churches are on occasions using other forms of service than the "traditional" style, e.g. "Messy Church" Cafe Church". These alternative styles attract people from a wider section of the local communities. Most of our churches have mid-week activities such as Women's meetings, Men's groups, Bible study groups, Prayer meetings or House groups. Youth work is maintained in many of our churches with Youth Clubs and uniformed organisations such as Boys Brigades, Girls Brigade, Brownies, Guides, St John Ambulance Cadets. During the year Miss Ellyn Cruxton was employed as Church and Community Lay Worker for St Paul's and Handsacre churches. The total cost of this is being met by those two churches. Income trends Circuit income is primarily drawn from the assessment paid by the circuit churches. Following a reduction in ministers the Assessments in the year 2019/20 was recalculated taking into account the chanRes of income and membership numbers of each church. The manse at Dundalk Lane continues to be let and provides rental income to the circuit. enditure trends Stipends are increased each financial year in line with increases approved by the Methodist Conference. Stipends, national insurance and pension contributions were 52.50/0 of all expenditure. 19.6Yo of expenditure is the Circuit contribution to the District and Connexion, of which a significant part is used to fund the work of the wider Methodist Church. £14,552 was spent on repairs and maintenance of the six manses During the year the Circuit Meeting agreed to make several grants to churches to help with property improvements that they were undertaking. These are detailed in the notes to the account, Fund balances As at 31 August 2020 the net current assets of the Circuit were £174,114, giving approximately 6 months cover for expenditure. Plans for 2020 21 A Budget for the year 2020/21 has been prepared but no adjustments have been made to the assessment figures and will not be made until we have a clearer picture of the effects of the lockdown on each of our churches. Page 2
CANNOCK CHASE MEfHODIST CIRCUIT Trustee's Annual Report on Finance and Governance Basis of preparation and legal framework The Charitws annual report and accounts for the year ended 31 August 2020 have been prepared in accordance with the Charities Act 2011 and the Charities: Statement of Recommended Practice 2015 as applicable to the Financial Reporting Standard(FRSSE) 2015 Full Name of Charity: Cannock Chase Methodist Circuit Registration Charity Number: 1136126 Date of registration: 1st June 2010 Main communication address: Mr Keith Rothery, 64 Thorpe Street, Burntwood, Staffordshire. WS7 INJ The members of the Cannock Chase Methodist Circuit meeting are the Charity Trustees, membership being made up of circuit office holders, ministers and representatives appointed by the local churches. Circuit Ministers and officers Active Circuit Ministers Rev Nigel J. Young Deacon Susan Culver Rev Jacob Donkoh Rev Margaret Eales Rev Edward Sakwe (from 1st September 2019) Circuit Lay Workers Mrs Karen Lowther Miss Ellyn Cruxton Mr Mark Timothy Ms Rosemary Bryant Mrs Melody Jones (from 1st April 2020) (from 1st April 2020) (from 1st April 2020) Circuit Stewards Mr Graham Lowther Mr Neil Embrey Mrs Kate Chapman Mrs Barbara Brooks Administrator Mrs June Scrimgeour Treasurer Mr Keith Rothery who acted as the principal officer overseeing the day to day financial management and accounting for the circuit during the year. Independent Examiner Elaine Glover A.C.M.A. Haywood Accounting Solutions Ltd 4 Coppenhall Mews Coppenhall Staffordshire. ST18 9BA Investment Bankers Central Finance Board of the Methodist Church Trustees for Methodist Church Purposes Page 3
CANNOCK CHASE MEfHODIST CIRCUIT Aims and organisation Charity objective is to act as a Resource provider within the area around the Cannock Chase for the Methodist Church: The purposes of the Methodist Church are and shall be deemed to have been since the Date of Union the advancement of: a) The Christian faith in accordance with the doctrinal standards and discipline of The Methodist Church; b) Any charitable purpose for the time being of any Connexional, District, Circuit. local or other organisation of The Methodist Church; c) Any charitable purpose for the time being of any society or institution subsidiary or ancillary to The Methodist Church; d) Any purpose for the time being of any charity being a charity subsidiary or ancillary to The Methodist Church The organisation and resourcing of regular public acts of worship open to members of the church and non members alike. The teaching of Christianity through sermons, courses and small groups. The resourcing of pastoral work including visiting the sick and bereaved. Taking religious assemblies in local schools. Promotion of Christianity through the staging of events and services. Provision of chaplaincy services to the local university and other institutions. Public Benefit We confirm the trustees have had regard to the Charity Commission's guidance on public benefit. Structure, Governance and Management The governing document for the circuit is the Deed of Union (1932) and Methodist Church Act (1976) Detailed governance arrangements are outlined within the Constitutional Practice and Discipline of the Methodist Church by order of the annual conference (CPD). Day to day management of the circuit is undertaken by the Circuit Leadership team along with the Local Preachers meeting, the Circuit Finance and Property Committee and the Circuit Policy Committee. Trustee Trainlng A range of guidance produced by Methodist Connexion to support the effective running of the circuit, specifically the leaflet 'The Role of a Trustee in The Methodist Church, is given to all new Circuit meeting members as induction to their role as trustees. Related Parties The Circuit is part of the Wolverhampton & Shrewsbury District and is also accountable to the Methodist Conference. The following 20 Methodist Churches are linked to the circuit: Bethel, Bridgtown Bourne, Heath Hayes Burntwood Cannock Wood Chase Terrace Chasetown Florence St. Hednesford Great Wyrley Mill Street, Cannock Penkridge St Paul's, Rugeley St Stephen's, Cannock Trinity, Norton Canes Upper Landywood Brereton Chadsmoor Featherstone Handsacre Salem, Cheslyn Hay Trinity, Hednesford
CANNOCK CHASE MEfHODIST CIRCUIT Risk Management The major risks have been identified and recorded by the Circuit Finance and Property Committee with professional advice taken as required. There is a regular annual review process undertaken and recorded. Income and Expenditure is being monitored in total and is compared with the approved annual budget on a half yearly basis to detect trends as part of the risk management process to avoid unforeseen calls on reserves. Safeguarding Every person has a value and dignity which comes directlyfrom the creation of male andfemale in God's own image and likeness. Christians see this potential asfulfilled by God's re-creation of us in Christ. Among other things this implies a duty to value all people as bearing the image of God and therefore to protect themfrom harm. Methodist Connexional practice outlines commitment to the following principles: the care and nurture of, and respectful pastoral ministry with, all children, young people and adults the safeguarding and protection of all children, young people and adults when they are vulnerable the establishing of safe, caring communities which provide a loving environment where there is informed vigilance as to the dangers of abuse. We will carefully select and train all those with any responsibility within the Church, in line with Safer Recruitment principles, including the use of criminal records disclosures and registration with the relevant vetting and barring schemes. We will respond without delay to every complaint made which suggests that an adult, child or young person may have been harmed, cooperating with the police and local authority in any investigation. We will seek to work with anyone who has suffered abuse, developing with them an appropriate ministry of informed pastoral care. We will seek to challenge any abuse of power, especially by anyone in a position of trust. We will seek to offer pastoral care and support, including supervision and referral to the proper authorities, to any member of our church community known to have offended against a child, young person or vulnerable adult. In all these principles we will follow legislation, guidance and recognised good practice The Cannock Chase Circuit commits itself to ensuring the implementation of Connexional Safeguarding Policy; government legislation, guidance and safe practice in the circuit and in the churches. The Cannock Chase Circuit commits itself to the provision of support, advice and training for lay and ordained people that will ensure people are clear and confident about their roles and responsibilities in safeguarding and promoting the welfare of children and adults who may be vulnerable. Reserves Policy The Reserves Policy for the Circuit is to hold a minimum sum equivalent to six months, average expenditure. This should be sufficient to meet any unforeseen item of major expenditure on manses and / or to be able to continue, in the short term, funding planned activities in the event of any inability to raise the full Circuit Assessment from churches.
Cannock Chase Methodist Circuit Circuit No 28108 Statement of Financial Activities (SOFA) for the year ended 31 August 2020 Notes to Circuit Model Designated the General Fund Trust Funds accounts (Unrestricted) (Unrestricted) (unrestricted) Restricted Endowment Funds Funds Total 2019-20 Total 2018-19 Income 1 Donations and legacies 2 Income from monetary investments 3 Income from investment properties 4 Assessments on Churches 680 680 1.010 1,621 9,167 304,152 175 1,094 232 1,501 8,394 315,540 8,394 315,540 5 Capital Receipts 6 Grants received 7 Other charitable income 8 Total income 324,789 1,094 232 326,115 315,950 Expenditure 9 Grants and donations 9,300 203,406 30,417 9,300 203,406 30,417 7,810 222,707 45,990 10 Salaries and associated costs 11 Propety maintenance 12 Connexional assessment & model trust levy 13 District Assessment & Levy 14 Depreciation 15 Office expenses 16 Other outgoings 17 Total charitable expenditure 10 63,367 4,048 67,415 66,734 11 5,381 5,381 14,250 330,169 6,128 12 13,989 325,860 261 19,883 369,252 4,309 18 Gains/(losses) on monetary investments 19 Gains/(losses) on investment properties 20 Net incomel(expenditure) 21 Transfers between funds (1,071) (3,215) 232 (4,054) (53,302) 22 Other gains/(losses) 23 Net movement in funds (1,071) 683,010 681,939 (3,215) 130,959 127,744 232 (4,054) (53,302) 851,948 905,250 847,894 851,948 24 Total funds brought forward 25 Total funds carried forward 37,979 38.211 Page 6
Cannock Chase Methodist Circuit Circuit No 28108 Balance Sheet as at 31 August 2020 General Fund (Unrestricted) Circult Model Trusts Iunrestricted) Deslgnated Funds (Unrestricted) Restrlcted Funds Endowment Funds Totsls 2020 Totsls 2019 Notes to the Accounts Flxed Assets Circuit Manses & Equipment 15 673,780 673,780 673,780 Investment properties Investments 16 Total flxed assets 673,780 673,780 673,780 Current Assets Debtors 17 19,460 19,460 18,812 Loans by the Circuit Investments with TMCP Central Finan Board Deposits 2,412 127,744 130,156 133,371 1,061 38,211 39,272 75,329 Cash at Bank and in hand 17 49,355 49,355 32,609 Totsl current assets 72.288 127,744 38,211 238,243 260,121 Current Ilabllitles Creditors (due in under 1 year) 18 64,129 64,129 81,953 Grants payable within 2019-20 Total current liabilities 64,129 64,129 174,114 81,953 Net current assetsAiabilitles 8,159 127,744 38,211 178,168 Total assets less current liabllitles 681,939 127,744 38,211 847,894 851,948 Long term liabilities Grants payable after 2019-20 Loans to the Circuit 20 Net assets 681.939 127,744 38.211 847,894 851,948 Funds of the Circult General Fund (Unrestricted) Circuit Model Trust Fund Unrestricted 21 21 681,939 681,939 683,010 127,744 127,744 130,959 Designated Funds (Unrestricted) Totsl Unrestricted Funds 809,683 813,969 Restricted Funds 21 38,211 38,211 37,979 Endowment Funds Totsl Funds 681.939 127,744 38.211 847,894 851,948 Signed Circuit Treasurer Page 7
CANNOCK CHASE METhODIST CIRCUIT Notes to the Accounts l Basis of accounting The financial statements have been prepared under the Charities Act 2011 in accordance with the 2014 version of Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with FRS102- the Charities SORP (FRS102) and taking note of the Update Bulletin l issued in 2016. 2 Funds The funds held constitute: General Funds held for any purpose of the Circuit which are Unrestricted. The Circuit Model Trust Fund has wide purposes defined in Standing Orders and is categorised as unrestricted. Restricted funds which are held for a narrower purpose. There are also the following Endowment funds as listed. Details of each material fund are disclosed in the final note to these accounts. Any funds may be represented by more than just cash. 3 Accounting policies Basis These accounts have been prepared on the basis of historical cost except that investments are shown at their market value at the end of the year, on the accruals basis to show a true and fair view of the Circuit's financial position and activities. Income Recognition Income is included in the Statement of Financial Activities (SOFA) when the Circuit becomes entitled to the resources, and the trustees are reasonably certain they will receive the resources. and the monetary value can be measured with sufficient reliability. Resources Expended This is recognised when a liability is incurred, or a constructive obligation arises, that results in the payment being unavoidable. Liabilities are recognised as soon as an outflow of economic benefit is considered more likely than not under the legal or constructive obligation committing the Circuit to pay out resources. Grants Grants made by the Circuit from its own funds are recognised in full at the time of agreement or when the Circuit accepts that there is a legal or operational obligation to make the payment. VAT Since the Circuit is not VAT registered. all input VAT is charged with the expenses to which it refers. Tangible fixed assets for use by the Circuit These are capitalised if they can be used for more than one year, and individually cost at least £1,000. The freehold property is shown in the accounts at 2015 deemed values. No depreciation is provided on the buildings because the trustees consider the current residual fair value of the manse buildings (on the assumption that it had reached the end of its useful economic life by the year-end) to be not less than its current value. Any depreciation would not be material. The property has been reviewed for impairment. Investment Properties Investment properties- no property is currently deemed to not be held for the long term purposes of the charity. Investments Investments are valued in the balance sheet at market value at the year end. Investment income is included in the accounts when receivable and any gains or losses on revaluation at the year end are shown in the SOFA. Debtors and Prepayments Debtors relate to the payment of the September stipend in August. Creditors Creditors include both sundry expenses and specifically the 1st quarter assessment received in August.
CANNOCK CHASE METHODIST CIRCUIT 2020 Total 2019 Total 4. Donations and legacies Unrestricted Circuit Model Trust Fund Restricted Donations Legacies Total 680 680 1,010 680 680 1,010 5. Investment income Unrestricted Circuit Model Trust Fund Unrestricted 2020 Total 2019 Total Restricted Central Finance Board TMCP Other Total 56 22 97 175 232 288 1,116 97 1,501 396 1,129 96 1,621 1,094 1,094 232 2020 Total 2019 Total 6. Income from investment properties. Rent received from the letting of the empty manse at 53 Dundalk Lane 8,394 9,167 2020 Total 2019 Total 7. Assessments Bethel, Bridgtown Bourne Brereton Burntwood Cannock Wood Chadsmoor Chase Terrace Chasetown Featherstone Florence Street Great Wyrley Handsacre Mill Street Penkridge Salem, Cheslyn Hay St. Paul's St. Stephen's Trinity, Hednesford Trinity, Norton Canes Upper Landywood Total 5,800 10,840 7,040 23,680 4,520 29,160 6,640 23,600 7,520 7,200 15,440 9,360 4,360 28,340 25,980 29,600 34,060 24,040 11,200 7,160 315,540 4,826 11,324 6,954 20,330 4,864 25,992 7,448 21,964 6,959 4,555 14,972 8,284 5,206 24,548 22,306 31,958 38,418 26,828 11,248 5,168 304,152
CANNOCK CHASE METHODIST CIRCUIT 2020 Total 2019 Total 8. Grants and Donations Unrestricted Circuit Model Trust Fund Restricted Bourne, Heath Hayes Chadsmoor Featherstone Penkridge Salem Cheslyn Hay - Boys Brigade Salem Cheslyn Hay Open the Book Programme Leaving Gifts Total 3,500 3,500 250 5,000 5,000 860 150 5,000 200 1,350 7,810 800 9,300 800 9,300 2020 Total 2019 Total 9. Salaries & associated costs Ministers - Stipends Pension Contribution National Insurance Lay Workers - Wages Total 128,151 33,426 11,615 30,214 203.406 147,682 39,007 13,364 22,654 222.707 Average number of staff employed during the year were: 2020 Total 2019 Total 10. Dlstrict Assessment & Levy Wolverhampton & Shrewsbury District URC Assessment District Advance Fund Total 60,667 2,700 4,048 67,415 60,069 2,448 4,217 66,734 2020 Total 2019 Total 11. Office Expenses Telephone and Internet Printin Posta e and Statione 3,435 1,946 5,381 4,548 1,580 6,128 2020 Total 2019 Total 12 Other outgoings Travel Expenses - Ministers Travel Expenses - Lay Workers Supemumerary Preaching AllOwanS Removal Expenses Miscellaneous 4,892 2,164 2,016 1,710 3,468 14,250 6,199 4,200 3,347 2,622 3,515 19,883 Page 10
CANNOCK CHASE METHODIST CIRCUIT 13. Payment to Trustees This year Last year Payments made to trustees for additional services provided to the Circuit by agreement with the Circuit Meeting None None Number of trustees who were paid expenses Nature of the expenses Expense payments primarily relate to reimbursement for travel and computing costs Total amount paid 2,164 4,200 14. Fees for examinatlon or audit of the accounts Independent examinerfs or auditors, fees for reporting on the accounts 225 235 Other fees (e.g.: advice, accountancy services) paid to the independent examiner or auditor None None
CANNOCK CHASE MEfHODIST CIRCUIT Tangible Fixed Assets Detail of assets held, State number of manses, specifically reference other buildings managed by the circuit and separately identify property treated as investment property. Provided summary information in respect of other categories and specific reference should be made in respect of any assets under construction. t or valuation Payments on account and assets under construction Other fixed assets including motor vehicles Residential Land Fixtures, fittings and equipment Other Land Six Manses Other buildings Total Ince brought forward itions aluations (+/) )osals (-) Isfers ' (+/-) Ince carried forward mulated depreciation 673,780 673,780 673,780 673,780 **Basis ** Rate SLorRB SLorRB SLorRB SLorRB Ince brought forward reciation charge for year (-) 31uations (+/) ,osals (-) Isfers, (+/-) nce carried forward book value Aght forward led forward 673,780 673,780 673,780 673,780 ie "transfers" row is for movements between fixed asset categories. Idicate the method of depreciation by deleting the method not applicable (SL = straight line" RB = reducing balance). Also indicate the rate of depreciation: for straight line, 'eciation is based on the anticipated life of the asset (in years). for reducing balance, a percentage annual deduction is made each year. Page 12
CANNOCK CHASE MEfHODIST CIRCUIT 16 Investments NONE The funds that support the Circuit Model Trust Fund and the Manses Fund are held by TMCP in Trustees Interest Funds on which interest is credited to the accounts each month. These are regarded as medium and 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 trust property. TMCP ensure that, through providing guidance and acting under their direction, the Managing Trustees comply with charity law and Methodist law and polity as determined by the Methodist Conference. Analysis of investment movements Thls year Last Year Investments listed on a recognised Stock Exchange Investments held in common investment funds, Securities not listed on a recognised Stock Exchange Other investments Total Change in Investment values Carrying (market) value at beginning of year Add: additions to investments at cost Less: disposals at carrying value Net gain/(loss) on revaluation Carrying (market) value at end of year
CANNOCK CHASE MEfHODIST CIRCUIT 17. Analysis of current assets This year Last year Debtors and prepayments Pre paid Stipends 14,716 14,320 Accrued income Other debtors 4,744 4,492 Total debtors and prepayments 19,460 18,812 Analysis of cash at bank Bank balance held in HSBC Bank plc 36,378 19,729 Bank balance held in Methodist Chapel Aid 12,977 12,880 Bank balance held in (Name of bank) Total Cash and Bank 49,355 32,609 18. Analysis of current liabilities and long term creditors Trade Creditors 11,819 11,653 Other Creditors (Assessments received in advance) 52,310 70,300 Total Current Llabilities 64,129 81,953 19. Capital Commitments and Contingent Liabillties At the 31st August 2020 the Circuit has no capital commitments. No Contingent liabilities were identified at 31st August 2020.
CANNOCK CHASE MEfHODIST CIRCUIT
. Loans NONE urce Purpose of loan Amount brought fonNard New borrowings Loan interest Repayable in the year Balance at year end Totals payment due e within 12 months Totals 31/08/2021 31/08/2022 e between l and 5 years e later than 5 years Ite: the two totals X and Y must agree 31/08/2023 31/08/2024 31/08/2025 Page 15
CANNOCK CHASE METHODIST CIRCUIT 21. Detailed analysis of indivldual fund movements Unrestricted Funds Unrestricted Fund Name Opening 683,010 130,959 Income Expenditure 325,860 4,309 Transfers Closing Balance 681,939 127,744 Purpose of the fund General 324,789 1,094 Circuit Advance Fund Totals 813,969 325,883 330,169 809,683 Restricted Funds Restrirted Fund Name Opening Balance Income Expenditure Transfers Closing Balance Purpose of the fund Running Expenses Mission & Outreach 28,380 5,919 3,680 173 28,553 5,955 3,703 For reserve policy 36 Education Fund 23 Totals 37,979 232 38,211 Endowment Name How the capital is invested The current value of the capital Annual income What the income was used for Totals The reasons for the transfers between funds were as follows: Page 16
CANNOCK CHASE MEfHODIST CIRCUIT DECLARATIONS Treasurer I confirm that these accrual based accounts for the year ended 31 August 2020 have been prepared from the records of the Circuit and that they include all funds under the control of the Circuit Meeting. Signature of Treasurer Date Name of Treasurer Keith Rothery Address 64 Thorpe Street, Burntwood, Staffordshire. WS7 1 NJ Presentation to the Circuit Meeting for approval. I confirm that the annual report and accounts for the year ended 31 August 2020 were presented to the Circuit Meeting at its meeting on 2e21 and were approved. Signature of the Chair of the meeting Name of the Chair of the meeting Date Revd Nigel Young Independent Examlner's Report to the Trustees of the CANNOCK CHASE METHODIST CIRCUIT This Report is on the Circuit Accounts for the year ended 31 August 2020 Respective responsibilities of Trustees and Examiner The Circuit's trustees are responsible for ensuring that the annual report and accounts for the year to 31 st August 2020 present a true and fair view of the Circuit's income and expenditure for the year and of its assets and liabilities at the balance sheet date. The trustees consider that an audit is not necessary for this year under Section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: examine the accounts under section 145 of the Charities Act; to follow the procedures laid down in the general Directions given by the Charity Commission under Section 145(5)(b) of the Charities act; and to state whether particular matters have come to my attention. Page 17
CANNOCK CHASE MEfHODIST CIRCUIT Basis of Independent Examinerfs Report My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items, in nature or scale, or disclosures in the accounts, seeking explanations from the Trustees Conrning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently no opinion is given as to whether the accounts present a true and fair view. My report is limited to those matters set out in the statement below. Independent Examiner's Statement In connection with my examination, no matter has come to my attention (other than as disclosed below") (1) which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with Section 130 of the Charities Act. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met, or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. (3) I have /haVo. 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 Finan Board of the Methodist Church which are individually in excess of £10,000 (ten thousand pounds) at the balance sheet date, via sight of bank statements and fund statements. Name of independent examiner Elaine Glover Signature of independent examiner Relevant Professional qualification of inde endent examiner A.C.M.A Name of firm (where appro riate Haywood Accounting Solutions Ltd Address 4 Coppenhall Mews, Coppenhall, Staffordshire. ST18 9BA Date A Goppeoh8l1 CoppeDb8ll Sl16 9Fh