CANNOCK CHASE METHODIST CIRCUIT Icharfty Reglstration No. 1136126) Clrcult No. 28108 FINANCIAL STATEMENTS For the Year ended 31 August 2024
CANNOCK CHASE MEfHODisf CIRCUIT TRusfEES' ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST2024 Introduction Following the closure of two churches, Chase Terrace and Trinity Hednesford. in the year ended 31st August 2024, and at the start of this year two churches, Bourne. Heath Hayes and Trinity Norton Canes untied and became one at Norton Canes. The Circuit now consist5 of 16 churches on and around the geographical area in South Staffofdshire 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 varietv of cornmunitv activities. Aims and organlsatlon The Circuit exists to worship God, serve our communities and grow our churches. Review of the year During the year the ministers were Rev Samantha Hagerman {Superintendent), Rev Christopher Ambler, Deacon Susan Culver, and Rev Jacob Donkoh. The Rev Jacob Donkoh left the Circuit at 31st August 2024 and moved to work in another Methodist circuit, and he was replaced by Rev Elizabeth Dunning. There were also seven Supernumerary Ministers who assisted in the running of the Circuit and with the preaching. They are: John Bates, Helen Hoe, Christooher Parkes. Alan Jenkins. Deacon Janet Jenkins. Sheila Walker and Deacon Jan Sutton. To assist the ministers with their work the Circuit employed l Lay Pastoral Assistant (until 20th June 2024) and I Circuit Administrator. At the end of the year the Circuit had twenty eight fully accredited local preachers on the Plan of which seventeen are active and three local preachers on trial, none on note and there are thirteen worship leaders. During the year. across the Circuit. there were approximatety 210 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 preacher5 available then local arrangements have to be made. To ease the difficulties of filling the preaching plan some churches are holding united services. 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. Page I
CANNOCK CHASE MEtHODIST aRcurr TRusfEES' ANNUAL REpoirr Many of our churches are on occasions using other fomis of service than the "traditional" Style, e.g. "Messy Church" Cafe Church". These alternatrve Styles attract people from a wider section of the local communities. Most of our churches have mid-week activtties such as Women's meetingsp Men's groups, Bible study groups, Prayer meetings or House groups. Youth work is maintained in some of our churches with Youth Clubs and unrfomied organisations such as Boys Brigades. Girts Brigade. Brownies. Guides. Income trends Circuit income Is primarily drawn from the assessments paid by the circuit churches. The Assessments for the year 2023124 had to be recalculated to take account of there being fewer churches in the Circuit and the new figures were agreed at a meeting of church treasurers and accepted by the Circuit Meetin8. The manse at Dundalk Lane continues to be let and provides ftt3l Income to the clrcult. The manse at Chasetown, was also let until August 2024 when the Superintendent moved in. A decision has been made to sell the manse in Bideford Way, Cannock. Ex ndlture trends Stipends are increased each financlal year In line with increases approved by the Methodist Conference. Stipends, national insurance and pension contributions were 42% of all expenditure. £64,873 was Circuit's contribution to the District and Connexlon. of which a slEnificant part is used to fund the work of the wider Methodist Church. £27,582 was spent on repairs and maintenance of the six manses Fund balan$ As a result of selling churches the net current assets of the rcUIt rose substantally and were £674,570. at 31st August 2024 Plans for 2024 At the end of August 2025 the Rev Chris Ambler retires and it is unlikely the Circuit will get a replacement minister and therefore plans are being put in place to reorganise the Circuit wlth fewer miftisters and churches. Page 2
CANNOCK CHASE MEfHODisf ClRcurr TRusfEE5' ANNUAL REPORT Many of ourchurches are on otcasions using otherfomis of seniice than the "traditional" style, e.g. "Messy Church" "Cafe Church". These alternatNe styles attract people from a wider section of the local communities. Most of our churches have mid-week activities such as Women's meetingsi Men's groups, Bible study groups, Prayer meetings or House groups. Youth work is maintained in some of our churches with Youth aubs and unifomied organisations such as Boys Brigades. Girls Brigade, Brownies, Guide5. Income trends Circult income Is primarily drawn from the assessments paid by the circuit churches. The Assessments for the year 2023/24 had to be recalculated to take account of there being fewer churches in the Circuit and the new figures were agreed at a meeting of church treasurers and accepted by the Circuit Meeting. The manse at Dundalk Lane contlnues to be let and provldes rental income to the clrcult. The manse at Chasetown, was also let until August 2024 when the Superintendent moved in. A decision has been made to sell the manse in Bideford Wayi Cannock. Ex ndlture trends Stipends are in¢ased each financial year in line with increases approved by the Methodist Conference. Stipends, national insurance and pension contributions were 42% of all expenditure. £64,873 was Circuit's contribution to the District and Connexion, of which a significant part is used to fund the work of the wider Methodist Church. £27,582 was spent on repairs and maintenance of the six manses Fund balances As a result of selling churches the net current assets of the Circuit rose substantalty and were £674,570. at 31st August 2024 Plans for 2024 At the end of August 2025 the Rev Chris Ambler retires and it is unlikely the Circuit will get a replacement minister and therefore plans are being put in place to reorganise the Circuit wlth fewer miftisters and churches. Page 2
CANNOCK CHASE MErHo URcurr Trusteds Annual Report on FInan and Governance Basis of preparatlon and legal framework The Charitys annual report and accounts for the year ended 31 August 2024 have been pPared In accordan with the Charitles Act 2011 and the Charities: Statement of Recommended Practice 2015 as applicable to the Finanual Reporting Standard(FRSSE) 2015 Full Name of Charity: Cannock Chase Methodist UTCUit Registration Charity Number: 1136126 Date of registration: tst June 2010 Main communication address: Mr Keith Rothery. 64 Thorpe Street. Burntwood, Staffordshire. WS7 INJ The members of the Cannock Chase Methodist Clrcuit meeting are the Charity Trustees, membership being made up of circuit Offi holders, ministers and representatives appolnted by the local Churches. ar¢ult Mlnlsters and offlcers Active Circuit Ministers Rev Samantha Ha8ernian Deacon Susan Culver Rev Jacob Donkoh (until 3tst August 20241 Rev Christopher Ambler Circuit Lay Workers Mr Mark fimothy (untll 20th June 2024) Clrcult stewards Mrs Barbara Brooks Mrs Elaine Croft Administrator Mrs Barbara Brooks Treasurer Mr Keith Rothery who atted as the principal officer overseeing the day to dav financial mana8ement and accountlng 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 Finan Board of the Methodist Church Trustees for Methodist Church Purposes Page 3
CANNOCX CHASE MEfHODW aRcurr Aims and organisatlon Charity objectNe is to art 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 advanment of: al The Christian faith In accordan with the doctrinal standards and discipline of The Methodist Church: bl Any charitable purpose for the time being of any Connexional, Dtstrict, Circuit. local or other organisation of The Methodist Church; cl Any charitable purpose for the time being of any society or institution subsidlary or ancillary to The Methodist Church: dl 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 member5 of the church and non members alike. The teaching of Christianity through sermon5, courses and small groups. The resourcing of pastoral work including visitin8 the sick and beaved. Taking religious assemblies in local schools. Promotion of Christianity through the stsging of events and Servi$. Provision of chaplainoi service5 to the local university and other instltutions. Publlc Beneflt We confirm the trustees have had regard to the Chaflty Commlsslon's guidance on public benefit. Structure, Governance and Management The governln8 document for the clrcult Is the Oeed of Unlon {1932) and Methodlst Church Act (19761 Detailed governance arrangements are outlined wlthin the Constitutional Prartice and Discipline of the Methodist Church by order of the annual Conferen {CPD). Day to day management of the clrcult Is undertaken by the Circult Leadership team along wlth the Local Preachers meetin& the Clrcuit Finance and Property Committee and the Circuit Policy Committee. Trustee Tralnlng A range of guidance produced by Methodist Connexion to support the effective running of the circuit, specificalty the leaflet The Role of a Trustee in The Methodist Church, is 8iven to all new Circuit meetin8 members as induction to their role a5 trustees. Related Partles The Circuit is part of the Wolverhampton & Shrewsbury Distrirt and is also accountable to the Methodist Confereno. The following 16 Methodist Churche5 a linked to the circuit". Bethel, Bridgtown Brereton Cannock Wood Chadsmi)or Featherstone Great Wyrley Mill Street, Cannock Penkridge St Paul'5, Rugeley St Stephen's. Cannock Trinity and Bourne, Norton Canes Burntwood Chasetown Handsacre Salem, Cheslyn Hay Upper Landywood Page 4
CANNOCK CHASE METh5[ aRcurr Rlsk Management The major risk5 have been identified and recorded by the Orcuit Finan and Property Committee with professional advice taken as required. There is a regular annual review proc 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 proce55 to avoid unforeseen ca115 on reserves. Safeguardln8 Every petson has a value and dignity which come5 direrttyfrom the creation of male ondftmale in God s own image and likeness. Chnstian5 See this potential asfvlfilled by God s re<reation of us in Christ. Among other thing5 this implies a duty to value ollpeople 05 bearing the image of God and therefore to pmtect them from hami. Methodist Connexional practio outlines commitment to the following principles: • the care and nurture of. and respectful pastoral ministry wlth, all children, youn8 people and adults the safeguardlng and protection of all chlldren, youn8 people and adults when they are vulnerable • the establishing of safe, carin8 communities whlth 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 wlth Safer Recruitment principles, including the use of criminal records di5dosures and registration wlth the relevant vetting and barrin8 schemes. • We will respond without delay to every complaint made which suggests that an adult, chlld or Young person may have been harmed, cooperatin8 With the pollce and local authority in anv investigation. WÈ will seek to work wlth anyone who has suffered abuse. developln8 With them an appropriate ministry of informed pastoral care. We will seek to challenge any abuse of power, especlally 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, youn8 pern orvulnerable adult. In all these principles we will follow leglslatlon, 8uidance and reco8nised good practlce The Cannock Chase Qrcuit commits itself to ensuring the Implementation of Connexional Safeguarding Pollcy; 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 dear and confident about their roles and responsibilities in safeguarding and promoting the welfare of children and adults who may be vulnerable. Reserves Pollcy 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 Èxpendlture 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 arcuit Assessment from churches. Page 5
Cannock Chase Methodist Circuit Circuit No 28108 Statement of Financial Activities (SOFA) for the year ended 31 August 2024 Clr¢uh Mod•l Dni Gorwal Fund Tnt Funds R•strIct Endowm•nt Total Total a¢U {Unrestrlct•d) {UnrMtrlciodl Iwrgstrl¢t•d) Fund Funds 2023Q4 2022.23 Income 1 Don8lons and legat4es 2 Income from monetary Inveslments 3 Inctsme from investmenl pr0kwS 4 Assessments on Churches 40.736 16.548 28.963 420 15.470 1,075 3.920 13.480 238,770 226,680 J62,822 S G8Pital Receipts 7 Other chaiilab19 In¢omo 8 Tot•1 In¢om• 420 678.292 1,075 886.246 246.302 Expendlture 9 Grants and doftadons 10 S818rlgs arml 8880cIgM Costs 184,536 164,138 148.612 50,800 26.9 11 Prowly malnt•nan 12 Conn•xknal a88e88m & model tnffjt kn¥y 13 As8888ment & Levy 14 Dgpreoation 15 Office expen888 18 Other oulgoir08 17 Tot1 ch•rlt•bl• •xp•ndliur• 10 65.210 67,813 84,707 5.198 5.198 3.034 52,800 13.140 340,847 2FI.392 12 $2.$31 3¥075 1672 18 Gain810088ts) mortsry kn¥gstm 19 Galn81(losses) w in¥oslrnenl WOF 20 N•1 Incomrf•¥pndlturnl 21 Transfer8 belten fund8 131.1961 15,621 fjT&720 (15,621) 1.075 645,S99 112,090) 22 Other galnWllossesl 23 Pknt movwn•rt In fund• 545.$99 802,751 0 1.348,350 12.090 814.841 802.751 24 Total funds brou8ht fonvard 25 Tot•1 funds carrled f<wward 672,712 6FI.137 92,136 651236 37.903 30.978
Cannock Clwe Methtrjisi Cirlt Circuit No 28108 Balance Sheet as at 31 August 2024 G•nernl Fund Clrcult IAodel T(als 2024 2023 Fub)d8 CiroJrt Manses & 15 673.780 Investment pro Investments 16 873.780 Currnnt As88ts 17 28,005 Loans the CwJit Investrnents with TMCP 1412 654.647 94,548 18,899 18.899 34,$89 Ca8h at Bank and In tw 17 21.312 20.079 41,391 28.510 183.852 Curr•nt114blltt Crèditors (du• In under 1 yèar) 18 61.276 81,278 54.881 Granig rot•1 eurr•ntMablllth 81378 81.278 128,971 667,137 ¥978 1.348.350 802.761 Long temi llablntles L03n8 to the CirckSt 20 657.137 978 1,348.360 802,751 Funds olth• Clycu G8nèral Fund Un CITcuIt McYel TnBt FwJ 21 21 857,137 857.137 872.712 W&,136 Destqnated FuTxls IUnre¥lritsJl 1J09AT2 21 37.903 rJ57.137 1,348,350 802.751 Signed Circuit Tfeasurer
Notes to the Accounts l Basls of accounting The financlal statements ha¥e i*en wepared underthe arItieSArt 2011 In accordancewith the 2014verslon ofknunting and Reportln8 by Charltles.. Statement of Recommended practi ISORPI applicab to tharitses preparin8theii attounts In acCOrdar with FA5102-the Charitie5 SOAP IFR51021 and takinB note of the Update Buliettn l issue(l in 201& 2 Funds The funds held constitute.. General Funds held for any purpose ofthe fjrcuit which are Unrestricted. The Circutt Model Trust Fund ha5 wide purposes defined in Standin8 Orders and Is cate8orised as unrestricted. Restricted funds whith are held for a narrower purpose. There are also the followlng Endowment funds as listed. Details of each rnaterial fvnd are disclosed in the ffinal note 10 these accounts. Any fvnds may be represented by more than lust cash. 3 Accountlng pollcles Basls These accovnts have been prepatt the basis of h15torical cost except that InbE5tm ¥e shmvn atthelr market value at the end ofthe year, on the accrua15 basis to show a true and fair view of the fjrcuivs financial posltlon and artjwt5. Income Recognltlon Income Is Included In the Statement of Finanual A¢tlvltbes ISOFAI when the Clrcult become5 titled to the resourr4 and the trustees are reasonably rtaln they wlll receivethe ¢Urre$. and the monetary value can be meawred wlth suffKaent reliability. Resources Expended Thls Is reco8nised when a Ilabllity Is Incurred. or a constructl¥e oty18atlon arlse5. that results In the payment belng unavoidable. Llabllltle5 are reco8nlsed as soon as an outflow of economlc benefft Is consldefed Ilketythan not underthe legal or cOnstrurte obll8atlon commlttlng the Clrcult to pay out resources. Grants Grants made by the Clr¢ult from Its own fvnds are reco6nk5ed In full at the tlme of awment or when the arcull accepts that there Is a legal or operatlonal obll8atlon io make the paymeni. VAT Slnce the arcult Is not VAT reglstered. all input VATlstharged with the expenses to whith It refers. Tan8lble flxed assets for use by the arcult These are capltsllsed ff they can be used for more than one year. and Individualty c05t at leart £i,(KQ. The freehold propertyls shown in the accounts at 2015 deemed value5. No depredatn is provlded on the buildln8s because the trustees conslder the current residual fair value of the manse bulldlnBs lon the assumptlon that It had athed the end of its useful economic Ilfe by the year-endl to be not less than Its current W41ue. Any depreciaiion would not be material. The property has been revlewed for Impalmient. Investment Propertles Investment propertle5- no property Is currentty deemed to not be held for the lon8temi purposes of the charlty. Investments Investments are valued In the balar sheet at market value attheyear end. Investment if)come Is irtluded in the a¢¢ounts when receivable and any 8ains or losses on revaluation at the year end are shown In the SOF Debtors and Prepayments Debtors relate to the payment otthe Septernber stlpend In Au8415L Credltors Creditors include both sundry expenses and SFecificalfy the tstquarter assessment received In August. Pa8e 8
CANNOCK CHL8E METHOD CIRCUIT arcuit Model Tt Fund 2024 Totsl 2023 Total 4. Donatlons and lezade5 Donations Legacles- Funds from closed churches Totsl 855 39.881 40,736 855 39,881 40,736 420 420 arcuit Model Tntst Fund 2024 Total 2023 Total 5. Investment Income Central Finan Board TMCP Other Totsl 1,076 1.076 15.470 967 2.953 15.470 70 1,076 3.920 Clrcult Model Trust Fund Unrestrlrted 2024 Total 2023 Total 6. Incorne from Investment propertle& Unrestrlrted Rent recelved from the lettlng of the empty manses Asset sale receipts from the closed churches 26,953 26,953 13,480 562,822 S6222 629.656 26.953 13,480 2024 Total 2023 Total 7. Assessments Bethel, Brid8town 8oume 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 and Boume, Norton Canes Upper Landywood Total 5280 4,520 21,560 18N40 3.520 22.720 26,560 1120 18AOO 5080 12.040 7,280 3,400 22,080 20.240 23.080 26.560 18,720 8,720 5,600 2x770 226 8,520 20240 27.1)00 31.080 10.21x1 Page 9
CANNOCK cHsE MEfHODIST CIRcurT arcuft Model Trust Fund Restrfcted 2024 Total 2023 Totsl 8. Grants and t)onatlons Handsacre M. C. Upper Landywood M.Q Total 500 2024 Total 2023 Total 9. 5alarles & assodated costs Ministers- Stipends Pension Contribution National Insuran Lay Workers- Wa8es Total 105,166 28,117 9,513 21.740 164.S36 25,353 8,652 16,373 148,512 Avera8e number of staff employed duriNa the year were: 2024 Total 2023 Totsl 10. Dlstrkt Assessment & Levv Wolverharnpton & Shrewsbury District URC Assessment District Advance Fund Total 1,980 2.295 64,707 67.513 2024 Totsl 2023 Total 11. Office Expenses Telephone and Intemel Prints. , Posta and Ststion 3,093 2.107 927 3.034 5.198 2024 Total 2023 Totsl 12 Other outgolngs Travel Exp8nses- Ministers Travel Expenses - Lay Wotkers Supemumerary PreachirKJ AlloanCeS Removal Expenses Quinquennial Inspections Church Closure Costs Monies from closed churcf*s given to churches taking their mernbws Miscellaneou5 8,898 3.465 1.103 3,689 2,055 715 1088 1&241 12,500 8,505 52,800 4.080 2,601 13,140 Page 10
CANNOCK CHASE METHOD aRCUtr 13. Payment to Trustees This year Last year Payments made to trustees for additlonal 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 payment5 primarily relate to reimbursement for travel and computing costs Total amount paid i 14. Fees for examlnatlon or audlt of the accounts Independent examinerfs or auditor5, fees for reporting on the accounts 3,465 2.055 350 235 Other fees (e4.: advice. accountancy servIs) paid to the indeperKlent examiner or auditor Page 11
CANNOCK CHASE MEfHODFsf ClRcurr 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 credtted 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, induding Legacies, Endowments and Accumulated Funds. Trust property is held for and on behalf of local Managing Trustees who are re5ponslble 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 tharity law and Methodist law and polity as determined by the Methodist Conferen. Analysls of Investment movements Thls year Last Year Investments Ilsted on a recognised Stock Exchange Investments held In common investment funds, Se¢uritles not listed on a recognised Stock Exchange Other investments Total Change In Investment values Carrying Imarketl value at beginnin8 of year Add: addltions to investments at cost Less: disposals at carrylng value Net gain/lloss1 on revaluation Carrying Imarketl value at end of year Page 13
- Analysis of current assets This year Last year Debtors and prepayments Pre paid Stipends 13.768 11.818 Accrued income Other debtors Total debtors and prepayments 7,141 14,187 20.909 26,005 Anatysis of cash at bank Bank balance held Irb HSBC Bank plc 41,391 28,510 Bank balance held in Methodist Chapel Aid Bank balance held in (Name of bankl Total Cash and Bank 41,391 28,510
- Analysls of current Ilabllftles and lon8 terni credltors Trade Creditors 13,046 8,201 Other Credltors (Assessments recelved in advance) 48,230 46,480 Total Current Uabllltles 61,276 54,681
- Capftal Commltments and Contlngent Uabllltie5 At the 31st August 2024 the Clrcult has no capital commitment> No Contin8ent liabilities were identified at 3tst August 2024. Page 14
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111111 llllll IIH llllllll 111 111111
CANNOCK CHASE MEfHODisr aRCUIT DECLARATIONS Treasurer I confirm that these accrual based accounts for the year ended 31 August 2024 have been prepared from the records of the Circutt and that they indude all funds under the control of the CircJJtt Meeting. Signature of Treasurer Date 25 March 2025 Name of TaSurer Keith Rfthery Address 84 Thorpe Street, Burnt. Staffordshire. WS7 1NJ Presentation to the Circult Meeting for approval. I confirm that the annud report and accounts for the year ended 31 August 2024, in draft form were presented to the Circuit Meeting at rts me8ting on 5th February 2025, and the final a¢counts were ematled to Circuit Meeting members on 20th February 2025 for acptsnCe by them. Signature of the Chair of the m88ting Name of the Chair of the meeting Date Revd Samarttha Hagernian 26.0£.25 Indepondent Examlnerfs Report to the Trustees of th• CANNOCK CHASE MEfHODIST CIRcurr This Report18 on the Circurt Accounts for the year ended 31 August 2024 R98POCtlve respon81bllftles of Trust•88 and Examlnor The cir11,8 trustees are responsible for ensuflng that the annual report and accounts for the year to 31st August 2024 present a true and falr vrew of the Cir1¥$ income and expendriure for the year and of its assets and liabilities at the balar sheet date. The trustees consider that an audit is not necessary for this year under Section 144 of the Charities Act 2011 (the Charities Acl) and that an independent examination is needed. It is my responsibiltty to= examine accounts under seclion 145 of the Charities Art to follow the procedures laKI down in the general Directions given by the Charity Commission under Section 145(5){b} of the Charilies 8¢ and to stale whether particular matters have (wie to my attention. Page 17
CANNOCK CHASE MEfHODisf CIRCUIT Basls of Independent Examrnerfs Report My examination wa5 carr*d out in a(£ordance 1 th¢ gewal dKeclM)ns given by the Chanty Commission. examination indudes a review of the accounting records kept by Ihe thafity and a ¢ompartson of the accounts presented with those records. It also includes cons#Jeration of any unusual ttems, in nature or s¢ale. or disclosures in the accounts, seeking explanations from the Trustees concemin9 such mattern. The prdureS undertaken do not provKle all the eVKIen that woukl be wuirgj in an audit and. consequenty no opinion is given 8S to whether the a¢xounts present a tn and fair view. My report is limited to th¢)se matters sel out in the statement below. Independent Examlnefs Ststement 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 a¢c4wnling records in a¢¢ordanc8 wilh Section 130 of the Charities Act. . to prepare aCcUnts wt)ith accord Imth the accounting records and comply with the accounting requirements of the CharTlies 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 atxounts to be reached. (3) I have obtained independent venfication of all investments with the Trustees for Methodist Church Purposes or held in other trusts, bank balances and funds at the Central Finance Board of the Methodist Church which are individually in excess of £10.000 (ten thousand pounds) at the balance Sheet date. via sight of bank slatements and fund statements. Name of Independent examiner Elaine Glover Signature of Independent examiner Rèlevant Profe&8ional qualffication of inde dent examiner A.C.M.A Name of firm (where appro nate Haywwj A(xounting Solutions Ltd Address 4 Coppenhall Mevr6. Coppenhall. Staffordshire. ST18 9BA Date Elalné Glover A.C.MA 4 C1)tinhall COpwl ST18 Pa8e 18