CANNOCK CHASE METHODIST CIRCUIT
(Charity Registration No. 1136126)
Cir¢uit No. 28108
FINANCIAL STATEMENTS
For the Year ended 31 August 2023

FOR THE YEARENDED 31 AUGUST2Q3
At the 1st September 2022 ￿ Cann(xk Chase Meth(Mlist Orcuit was made up of seventeen
thurthes on and around the geoBraphi(31 In SLKrth Staffordthire knowm as Cannock Chase.
worship.
These (hurd￿ a￿ used primarilyto wovide pla￿ of Christian worship. education and
for a variety ofcommunrtyactivitse
During the yearthe ministers *Ere Rev Nigel Yourvd Isuperirrtendent). Rev ChristopherAmbler.
Deac￿ Susan Culver. and Revjacob Donkoh. The Rev Nigel YoLEng retired at 3tst August 2023
an(1 left the arcuit, and was reptaced by Rev Samantha Hagerman. Thete were also seve
Supemumerary Mirjisters whoassisted in the running ￿ the Orwit ènd with the preathin&
Sheila Walkerand Dex(m Jan sUtt￿L
To assist the ministers with theirylorkthe fjrcuit employs l lay Pastoral A55i5tant and l fjrcuit
Adminlstrator.
Atthe end of the yearthe o￿lt had t￿fity eightf￿ acue(rrted local preathets on the Plan
ofwhlch eighteen a￿ aai¥e and IcKal weadws on trtal. ncme rn note and there are
fifteen wor5hTP leale
Durit¥the year. across the fjr¢ult. there were approxirnately 230 Sundwi services each
quarter. These services are. in the main. conducted by the Ministerial Staff. Supemumerary
Ministers. Local Preather5 and some YisitsrE preathe￿ On occasors when there are
insuffioent preadws availabSethen to(31 aIrw￿ements have to be made.To &isethe
difficulties of filli[￿the preathin8 plan SLYne thurd￿5 a￿ holdiry unrted servi0>
In addition to Sunday Sawice5 se¥ernl of the churthes in the arcutt hold mIdw￿k services
whlch are seen as ￿laxed and infomial and in many cases attract a wider con8re8ation from
across the denominations.
Page I

Manyofour churches are cffl occaslons usirvg otherfornis of ser￿￿ than the knditional.
style. e.& "Messy Churth" 'Cafe thurch". These alfemati¥e styles attract people from a wlder
secflon of the ItKal c(xnmunities.
Most of ourthurd)es h￿e mid-4%*a a¢iriitfie5 S￿ a5 W(m)w's rneet1￿. Men'5 groups. Bible
xudy groups. Prayer meetirE5 (Y H(xse gr￿p&
Youth work is maintained in some of our churthes wÈth Youth aubs and unrfomied
organisa￿onS such as Boys Brigade8 Girt5 Brigade. Brownies. Guide5.
AssesSMer￿ fortheyear 2022123 had to be re(alculated to take account of being Me minister
dry•m and two thurthes havlng dose
The manse at t￿ndalk Lane uffrtinue5 to be let and Pr￿1￿ rental inccme to the arcuit The
manse at Chasetown, nthv hawr¥ no minister. also been leL During 2023124 a de(isi
Stiwth are increased each flnw(ial year in line vrith I￿reaseS approved by the Methodist
Conference. Stipwd5 n*ional insura￿e pern￿ c￿trIbutI￿$ were 5L3% of all
24.4% of expenditure is the fjrcutt contribution to the Distrirt and Connexion, of which a
5ignifiant part is ￿e￿ to fund the work ofthe wider Methodist Churth.
As at 31 Aiigust 2023 the net current assets of ￿ ￿r￿lt were £128.971, gsvin8 approximately
Plansfor
Once again the a55essments had to be re(alculated on fewer thurches operating in the Circuit
This re5ulte(J in the C￿tinuing d)urthes h￿l1¥tO pay 17% rnore in theirassessments.
P*e2

The CharIt￿S annual report and accounts forthe year ended 31 August 2023 have been prepared in
accordartce wtth the Charitie5 Art 2011 and the Charities: statern￿ of Recommended Practice
2015 as applkable to the ￿rtan(la1 Rwtin8 si*ydard(FRSSE) 2015
Full Name of Charfty.
cant￿(￿ thase Methodist Orcuit
Registration Chartty Number:
1136126
Istjune 2010
Main communication a(Idres>
stsffordshire. WS7 INJ
The rnembers of the Cannock (hase Methodist Cirojit meetin8 are the CharityTnJstees,
membership bÈttw made up of circuit Offi￿ *￿Id￿5. Ministers and re￿&￿tativeS *)pointed by
the local churches.
Clrcuii Mlnlsters and ¢)ffl¢ers
Active Urcuit Ministers
Nyl J. Young (Retired 31st August 20231
Deacon Susan Culb
rcuit Lay Worker5
Mr MarkfmK>thy
rcuit Steward5
Mr Neil Ernbrw (until 3tst D8(AM￿ 20221
Mrs Kate Oupman
MF5 Bart￿ra 8rook5
Mr Graham ￿nn
Administr3t(Y
Mrs Bartiara Brook% {from 6th April 20231
Treasurer
Mr Keith Rothery
who 3rted as the prinapal officer overseeing the day to dav
fina￿la1 managell￿t aTrts accounting forthe cEr￿￿t during
theyEar.
Independent Examiner
Elaine Glover A.CMA
Haywood k£ountkng Solutions Ltd
4 Coppenhau Mews
Coppenhèll
Investrnent Bankers
Central Finan￿ Board of the Methodist Churth
Trust￿ for Methodist Church Purposes
Page 3

Alms and organlsatl
Charity objective is to act as a Resour￿ providerwithin the area around the Cannoc* Chase forthe
Methodist Church:
The purposes of the Methodlst Church are and shall be deemed to have
been Sin￿ the Date of Union the thancement of:
al The ChTlStian frdith in accordance with the doctrinal slandards and di5(ipline of The
Methodist Church..
bl Any charitable purp￿ forthe tlme beong of any Connexional. DisiricL Orcvit. local or
other organisation of The Methodist Church:
l Any Charitab￿ purpose for the time being of any society or Institution Subsidiary or
andllary to The Methodist Churth;
dl Any Purp(￿ for thetime beingof any charity bwng a th8rity subsldlary 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 teathing of Christianttythrough sermons. courses and small groups.
The resourcing of pastoral work indudirg visittr%the si(* and bereaved.
Takin8 reli8ious assemblies in local ￿0015.
Promotion ofchristiantty through the staging ofe¥ents and se￿￿.
Provision of chaplaincv semces to the loral univwsiiv and other institutions.
Publlc Benefft
We confirm the tntstees have had regard to thecharity Commission'sBuldan￿ on public benefit.
Thè governing documentfor the circuit is the Deed of Union119321 and Methodist thurth Art119761
Detailed governance a￿aDgernents are ouuined ￿thin the CLJnstsiutional Practice and Disapline of
the Methodist Churth by order of the annual conference ICPD).
Day to day management of the drojlt ￿ undertaken by the ￿rL￿rt Leadership team along with the
Local Prèathers meetirv& the Circutt Fiftan￿ aNI ProFerty Committee and the Circuit Policy
Committee.
Tru5teeTrninir
A range of guidance produced by Methc#llst cOnne￿On to 5UPPQrt the effective running of the
circuFt. specifically the leaflet The Role of a Trustee in The Method￿1 thurth. 1$ 8rven to all new
Circuit meeting members as induction to th￿r role as trustees.
Related Parties
The Circuit is part of the Wolverhampton & Shrv•thry Dityict and is also accountsble to the
Methodist Conference.
The following 17 Methodill Churthes are lInk￿l to the circuÉt:
Bethel, Bddgtown
Cannock Wood
F@atherstone
Mill Street. Cann¢xk
St Paul's. Rugeley
Trinlty. Norton Canes
Burntwood
Chasetown
Handsacre
Salem, Chestyn Hay
Trinity. Hednesford
Chadsmoor
Great Wyrley
Penkridge
St Stephen's. Cannock
Upper L3n(lyw¢xyJ
Page 4

Risk manageff￿t
The major risks have been identified and recorded by the fjrcuit Finance and Proiwty Commlttee wlth
professional taken as iequire(l.
There Is a regular annual re¥1￿￿¥ process undertaken and recorded.
Income and EXpend[tU￿ is being monttored in totsl arKI is Compared with the approved annual bud8et on
a halfyeady ba￿$ to detect trend5 a5 Partof the risk management proces5 to avold unforeseen calls on
SafewardSng
Every person hos o volue onddignity which tomes dirertfyfrom the creution of mole ondfemule in Gods
own Imoge and likeness. 0Trri5ttort% see this potentialusfu￿1ltd by Gods re-creotion of us ffn Christ.
Among other things this implies o duty to volue ollpeople osbeoring the imoge of God ond therefvre to
protert them from harni.
Methodist Connexional pract1￿ out15r￿ commitmentto the folbwing prin0p￿..
• the care and nurture of. and rwctful p&oral ministry with. all chltdren. young people and
adults
. the safeguarding and protertion of all ¢hlldren. You￿￿ people and adults when they are vulnerable
. the establishing of safe. carin8 communities whith prowth a lo￿n8 environment where there is
informed Vigilan￿ as to the dangers of abuse.
We wll carefvlty select and train all those with any re5portsibility w5thin the thurch, in line with
Safer RetTUitment principles. indudiro the use of criminal re￿rdS disclosures and reRistratlon wlth
the relevant vettlng and barring 5d*me&
We will respond Witho￿ delay to every complarnt made t*hlch suggests that an adult, child or
young person may have been harmed. rx)operaiing with the police and local authority in any
inve5ti8ation.
. We will seek to work with anyone who has suffered abttse. d￿loping wtth them an appropriate
ministry of informed pastoral care.
• We will seek to challenge arry abuse of power, especially by anyone in a position of trust.
• We will seek to i>ffer pastoral care and suppofL Induding supeNsion and referral to the propÈr
authorities. to any member of our thurch community known to have offended 8Bainst a child,
youn8 person or vulnerable adult.
. In all these prI￿lpIeS we will follow legislation. gUIdan￿ and reco8nised good practi
The Cannock Chase arcuit commits itself to er￿Jr1￿ the implementation of conr￿￿Onal SafeguardinB
Policy; government leBisiatlon. guidan￿ and safe pract[￿ in the arcuit and in the thurches.
The Canfto¢k a)ase Orcuit commits atself to the provision of 5upporL advi￿ and trainirtg for lay and
ord3ined people that will erLsvre people are dear and confident about their roles and responsibilities in
safeguarding and promoting the welfaTe of thildren and adults who may be vulnerable.
Reser¥es Pollcy
The Reserves Policy for the ￿rCuIt is to hold a minimum sum equivalent to stx months. average
expenditure. This should be suffioent to meet any unforeseen ttern of major expenditure on manses and I
or to be able to continue, in the short terni. funding planned artivitses in the event of any inability to raise
the full Circuit Assessment from churthe&
Page S

Cannock Chaso Methodist Circuit
Circuit No 28108
statemert of Financlal Aclivilw ISOFA) for the year ended 31 August 2023
Total
202243 2021.22
179
3M20
13.
qO.209
2*680
S CapW
8 Totyl inEomtr
24A302
311,964
Expenditurg
IW12
144512 X4660
10
62.412
14707 ￿751
11
1034
12
12.878
14rAg
257.392 331.640
ISS7
I9G8￿{￿j5seSl
111
24Total funds brou8htfoMard
Totslfimd5tarrfedltywd
664.697
6Ti712
91.817
3B.327
814.841
761
834.527
814841

Balance Sheet as at 31 August 2023
Totakn 2013
15
18
17
16,914
Loans
1412
911
94.232
CenlRI Fitwts*wd[￿llEl
28.751
Cash atBa* •mJ
17
25.196
3.314
28.510
51.090
fj3.813
91136
184652
Ct&Jibysldue y*¢
18
54.681
54.881
49,926
,925
91136
12BP71
14f,D61
6T4n2
911
751
81WI
Longterm lJabllllle5
Loa￿ tothe Cwojll
20
671712
91136
37.W13
l751
814841
FurwJ¥ Ctrc
872.712
6n.71Z
TnJstFwwJ
21
91136
91138
91.817
mJ14
21
671712
91136
37.
101751
814841
c¥￿it Tr&7sur

tirte5 toth• Ac¢wnts
l Bas15 of a¢countln8
Thefinandal statementshaNebeeTrprep**1 wXIu￿0￿KI￿e$ACI 2011inaccorthrKet*ththe2014versK>n of AcityJnvn8 and Reportlng by
Charltye5'. Statemertof RecommeThJed PrartKelSORPI appllrab￿t0¢harftIP5 wIA¥their¥e¢xrtln aruxdancewith FRSJlll-theCharl￿$oRp
IFR51021 and Eaknng noteoftt* Upd*e Bulletin I in l)16.
2 Funds
Thefunds held constitute: General Fundsheklfrx*ty pswro5eof ts(knJit*l¥thareUnr*strktrd. The Qrojlt ht#*lTtU5t Fund has wlde purposes
deflned in stsndlngordersand is cate8oriseda5 vnresrride& ftestrtted fvnd5whxth are l*ldfora naw purpose. There area150 thefollowin
Endo¥mientfundsas&"sted. Detsilsofeath tpater5alfuwlared￿Sed ffjthtfi[￿ rthto Iheseaccount& hny fiJnd5maybe represented by morethan
justca5h.
3 Accountin8 pollcle5
Basts
Theseaccounts b￿n prepared onthebastsof histL¥kalcosrexcept that ￿k￿rnentsare shwbatth*r matsydlueatthe end oftheyear. on
the attruals baslstos￿W a trueandP4rview of the(*￿i￿5￿￿atitial po51tx￿and￿tl￿rtl
Income Recognition
IDcorne is included inlheslatementofffn3￿￿ ktMt*sl50FA) Whentheora￿t becomesentitkd totheresourtes. a￿liheIrUStees are reasonably
This 1$ recognw when 3 Ilatélity is incul￿. or a CLytstn￿OtrxI￿t1o￿ar19e4thai resukslnthe prn bein8 l￿av0￿b1￿. knabllltte5 are
reeoBnlsed as5oL￿ asanouthow ofeconthicbenefft LS morp likely than Trjturwjer ￿legal (￿¢￿Tr￿ obligav.on commknngthe
Circuttto P8y Out rwurw.
Grdnts
Grarts Made lry theorcuit from Trtsown fUr￿are rerryNS￿ kn fvllatthetlmeofaeréemertor WA￿ the Or(uitxteptsthat tt*re Isa le8al or
op2ratio￿ ob1Wi￿1oM￿th* payw*nL
VAT
Slncethe Orturtls nDtVAT rwered. all iw VATi5chary*J *ththewen5e5tO￿Kti iirefers.
Tarylble flxed a5setsfor use by the fjrcuft
These are caF41alisal 4fth￿ ran be usedfor mwethan orey. *¥J In(kndUaI￿to5l0tleasI £UO).
Thefrethld property is shown iniheaccourtsai 20￿deeMed¥31u￿S. Nodewecith s wo¥#lgAonthe bulthn8sbecausethetntstees con5iderthe
current residual fair value0Ft￿ manse tw￿￿1￿￿1￿)the asyJmptmth* ithad teathedthe*O of its useful￿{￿￿1C litE ￿the year-endl to tre not
le5$ than itsturrentYdluE. WfAJW Thjl be Thepr(wty hsbeen re¥rw*lfor tswiwmthii.
Investment Propertles
In¥estmentprwertyes.noprtytyiSciirfenttydeem￿ io nOtbeh￿￿u* knt*trrm pU￿0fthe chwity.
Imiestments
InvestMÈntsarev4lued Én ￿￿#￿5￿teS1w3tff￿rke1 Valuealthe￿ tsh)dth intheacrxsuntswhen rtteiwdble 8nLI any
galnsorlosses on redaluation aiihe>r¥etyJ a￿Sh￿inthe9)F
Debtors and Prepayments
Debtors relateto the pjymert of t￿SepteM￿S11[￿d
Credftor5
Page 8

CAMIIOCK CH￿SE IAETHODIST CIRCUIT
2023
Totsl
2022
Totsl
Donati¢)ns and legxles
Trusi Fund
Donations
Legacies
Total
420
179
179
2023
Total
2022
Total
5. Investment Sncome
Trust Fund
Cèntral Finan￿ Board
TMCP
Other
Total
76
967
I￿53
145
441
2.876
3,920
2023
Total
2022
Totsl
Rent recelved from the letting ofthe empty manse at $3 Dundalk Lane
10,209
2023
Total
2022
Total
Bethel, Bridgtown
Bourne
Brereton
Burntwood
Cannotk Wood
Chad5moor
Chase Terra
Chasetown
Featherstone
Floren￿ Street
Great WyTSey
Handsacre
Mill Street
Penkrid8e
Salem, Cheslyn Hay
St. Paul's
St. Stephen's
Trinity, Hednesford
Trinity, Norton Canes
Upper Landywood
Totsl
3,710
23.680
4,520
29.160
6.660
23,6(X)
7.520
ICN)
15,440
9.360
5.450
28,340
25,980
29,600
34,060
24,040
11,2C
5.370
226,680 3(XI.630
3.520
21720
22,080
2Y,080
26￿60
18.720
8,720

Ctrrmlt Mod
Tntsl Fund
2023
Totsl
2022
Totsl
8. Grants and Donat
Tear Fund
Handsacre M. C.
Upper Landywood M.C
Total
2rx¢
2022
Total
MinÉ5ters- Stip￿5
Pension cOntri￿tiC￿l
National Insuran
Lay Workers- Wages
Total
134 133.221
25353
34.733
8fi52
12,492
16373
28.214
10
2023
Total
2022
Total
W0￿erhamPtOn & Shfe•rtiury Distri¢t
URCAssessment
District Athance Fund
60.051
2.350
1356
61,757
2023
Totsl
J)22
Total
Teleph<)ne and Internet
Piintin
2.107
927
3.583
1,072
2023
Total
2022
Total
12 Other Out￿1￿&5
3,689
3,914
715
1.247
Quinquenntal knsp&
Miscellaneous
2,601
13.140
3,033
14.099
PwJe 10

13. Payment to Trustffs
Th15 year
105t year
Payments made to trustees for additional servi￿$ provided to the arcuit by weement Wbth
the Circuit Meeting
None
None
Numbèr of trustees who were paid expenses
Nature of the expenses
Expense payments pfimarity ￿late to reimbursement for travel and computing costs
Totsl amount paid
14. Fees for examlnatlon or audlt of the accounts
Independent examinerfs or auditOf5' fees for reportirg on the accounts
2,055
553
235
235
Other fees le.g.: ad￿ce. aCC￿Jn￿nCY s￿VIces) pald to the independent examiner or auditor
Page 11

The funds that support the Circuit Model Tntst Fund and the Manses Fund are held by TMCP in Trustees
Interest Funds on whlch interest is uedited to the accounts each month. These are regarded as medÉum and
long tem investment
TMCP Is the legal cwner and Custodian Trnstee of all Methodlst Model Trust property, irtduding Legacies,
Endowments and Accumulated Fun(ts. Trust property is held for and on behalf of local ManagingTru5tees who
are responsible for the day to day management of trust property. TMCP ensure that. through providlng
guidance and acti￿ under their dirertion. the Managing Trustee5 ¢ompty charity law arHI Methodist law
3nd poltty as detemiined by the Methodist coTrferen￿.
Thlsy
Last Year
Investments listed on a recoBntsed Sto¢k Exchan8e
Investments held in common Investment fun(
Securitie5 not liste(l on a recognised Stock EK¢han8e
Other investments
Totrl
Change In In¥eslmentvalues
Carryin8 Imarketl value at beginning of year
Add: addltions to investments at cost
Les5: disposals at carrying walue
Net 8ainlllossl on revaluation
Carrying Imarketl value at end of year
Page 13

17. Anatysls of current assets
Thls Last ￿*1
Debtors and prepayments
Pre paid Stipemds
11.818
10.991
Accrued income
Other debtors
14,187
5,923
Total debtor5 and prepayments
26.005
16,914
Analysls ￿e#Sh at bank
Bank balance held in HSBC Bank plc
28,510
$1,090
Bank balance held in Methodist Chapel Aid
Bank balance held in (Name of bank)
Total Cash and Banll
28,510
51,090
18. Analysis of ¢urrent Ilabllilies kngterni cre£NtOVS
Trade Creditors
8,201
6,956
Other Credltors IAs5es5ments rec￿ in advaTKel
46,480
42,970
Total Current Llabllltles
54,681
49,926
19. Capftal Commitments and Contingent UabNtles
At the 31st August 2023 the arcuit has no cèpitsl commiiment&
No Corttir￿ent liabi11tieswe￿ Identtfie(l at 3tst Auwst 2023.
Page 14

I

11
Diiii
111111
111111

DECLARATIONS
Treasurer
the records of the Circuit 8nd that they i￿ude all furth ￿MIerts c4Jntrol of the Cfftjil Meeting.
Sigrsature of Treasu
February 2024
Name ofTreasur
Address
Presentation to the Circult M•etinll for approval.
I ￿nfirm that the annual re￿t arKI ar£ounts for the year w)dad 31 ALWSt 2023 7Awe
presented to tht Cirajil meeti￿ at its on 6th Fetrfuary ￿24
and were approved.
Signature of the Chair
of the meeting
Name of the Chair of
th& meeting
Q6 F•bnwry 2024
Independent Ex•mlnerfs Report to the Tru6ts86 of tho
CANNOCK CHASE METHODIST CIRCUtr
This Report is on the Caniit Accounts forthe Ye9r￿￿j 31° 2023
Rgspecliva responsibilities of Tru8te•s and Exomlner
The Circurfs tr[￿tea$ we re$p0nwb￿ fty engJriThJ that the 8Mual re[X￿[ and forthe yeaT to 3131
August 2023 present 8 tsue and fawview of the CsroJiVs income and eXpendrtU￿ trthe ye81 and of tts
asset8 and Iiabilthes al the balance sheet date. The thtstees COn￿der that an is not neC￿&￿ry for this
yoar under Seclion 144 of the Chwrties Ad 2011 {the Chwilie5 Ao#) and that an insjependent examinatson
is needed.
It is my lo..
examine the ac￿nts undw sect1￿ 145 of the Chaiilies A¢
to folknw the prO(￿re$ I￿ d￿1 in the thredions bythe Chaiity Commission
un(*r Section 14515Mb) of the Ch8Tilies a¢ and
Page 17

presenled h*th th088 fxords. n atso incljdes clany ur¥￿￿ nabjre or x3￿. or
disdosures in the accounts. seekir¥a expknafbjrts fr¢m TnJstse8 such matters. fv prcxaurts
unogrtaken Ik) not provth thp evitsr¢¢e that*wbl ke ￿uir￿j ￿ an audit aThJ. t￿nSequenty no wnion is
gNen 88 to %thetherthe accounts presgnl a trLE aTrJ fwrv**. 14ty rep)rtiB linthl lo thc6e Matte￿ set out in tt
statonwnt
Indgpgndent Examinefs Statement
belovri
11) which gi¥es me Teasonable ¢￿se to telie4e that in aEy m81eri* resF*LI the
. to keep ac¢ourthg [￿OrdS ￿ ac£othxe wilh S&Xon 130 ofthe Chaniies Aca.
. to prqwe accounts with the ac(wnlirvJ I￿OrdS and c(%npty Mfyth the
al￿￿ntIr￿J wuirements ofts Chanb"8s Aca
have not been met. IY
(21
Utm1erstand￿g ofU* acuwnts to be reaJM1.
13)
I have obtained indèpeThlent ¥Errfication of all investrnents vth the Trustees
for Methodist Church Pu￿oSe3 lx hekl in other trusts, bank balan￿ and ftknds at the Central
Finan￿ Board of the Methothst Churth whith are inidividualty Èn excess of £10.(m￿ {ten
thwsarKI ￿￿￿￿$) *lhe bala￿e sheet dats. via sgm of bank stateM￿ts and fund Btatèmthts.
Name of independent
mirw
Elwne GknTr
Signature of
independent ￿miner
Rejwant Profesgonal quajificats"￿ of irnl
C.MA
Name of fiThn (vhw
Address
4 CoFvenhaU Medw. CoFvhal. S*8ffordshiTe. ST18 9BA
Date
I k+liol4L