The Methodist Circuit of
Gloucestershire
Regl*ter•d Charlty No. 1136205
Annual Report
and
Financial Statements
for the
Year ended 31 August 2022

THE METHODIST CIRCUIT OF GLOUCESTERSHIRE
ANNUAL REPORT AND FINANCIAL STATEME1￿s
YEAR ENDED 31 AiIGUST 2022
INDEX
Charty informJt¥)n
Trustee5' rewt
3-17
Audf(orfs report
1B-20
Circurt ststemert ￿￿anC￿81 acknvths
21
Circu* bafance sheet
Circuit cash ftow st*tThnt
Notes to the accow
24-35
Appendix 1.. Ltst of*nJstees

ANNUAL REPORT AIID FINANCIAL STATE￿￿T5
YEAR ENDED 31 AUGUST 2022
TRUSTEES
CIRCUIT EXEciJrr
Rov'd Jotrm 11
& L&3rr¥ng 8 CarirvJ Prythl
(trw IAal201
Rw'd Jaynts Vlebb
(from Sep'20)
(fftjm Sep'21}
(from 4)'1e)
P•t¢ Watt
Antty Rkknll
Pth1fLYK)
{trom May20 to May'221
(tr￿n Mgrf17 to May'22)
(frryn
(tr￿ May'22)
(from Sep'20)
Ifrnm Sep'20)
ur H&ir*s
klithaet Hair￿S
LE Led
Girallt Steward
Sep'201
(fr￿ Sap'20)
CIRCUff OFFICE FK)LDERS
Fin￿¢8 P(thK*
Ass*l*rt ClrvJit Tre8sur•r
MI$8Kffl Portly
Petsr Al
Vknr5kip Ta$kf￿rn Secretsry
MVIIB Chgir
PThfjolo Ik+Jor (to May'22)
P(MtfokJ frbjkler (from May'221
Swty H8H
John Bai
R8v'd orJO￿ Srys
Irrter￿a1lti Officer
PUt￿lC Is¥￿5 Of￿1

THE METHODIST CIRCUTh OF GLOUCESTERSHIRE
ANNUAL REPORT AND FINANCIAL STATEmEP￿s
YEAR ENDED 31 AuGusf 2022
REFERENCE AND ADMINL¥fRATNE DEfAILS OF THE CHARITY. ￿sTRlIsTEEs AMD ADVISORS
Icontinued)
Superint•ndrfs Portfolio
Rerfd John Hetyer
Local Prea¢hers' and Wcw5h
Le8der5' MèatMIg Secyetary
Local Prèachws. Trainry l>oup
Conven•r and Lead TLrtor
Chaw of Local pre￿1￿¥. Training
(knp
n Pearce
Revd Phl Surrnws
CIRCUET OFFICE
18 Cowv i>een, Gbucesler. GLI 2LR
AUDITORS
staverton
chéltenr￿M
GL51 OUX
BANKERS
ntsndw Bank
INVESTMENT MANAGERS
Central Finance 8o¥d Of￿ Methodist ChLW
9 Bonhiu Street
London
EC2A 4PE
REGISTERED CHARITY
11￿5

THE METHODIST CIRcurr OF GLOIKESTERSHIRE
ANNUAL REPORT AND FIMANCIAL STATEMENTS
YEAR ENDED 31 AUGUST 2022
STRUCTURE. GOVERNANCE & IWIAGEIAIEMT
undaf the MeltrodJst Churth Ad 1976 a Deed ol is ￿Tr9d by Th• C￿*t1¢[btknal Practice
APPOINTMENT OF TRUSTEES
All mini8ter8, pro51yrte￿ arml ststK))ed in the Cirwit lry the MetrKthI are mornt•rs of
(Finartt, Leamiffj & ￿09. Missicffl, Persml. PfOFwty. Sc¢MI aNI Clwrsak Juslice). winled
TRUSTEE RECRuinEIiT. INtXlCTION & TRAINIIIG
ORGANIS4mON
Tho Cwwil Assemw met three ¢*xa¥KrfYa n ￿21-22 Sty￿ber. Marth. May). To •n*Ao
three nKJre hoklorn. The Ex¢¢Jthe ew 2021.22 N￿leMber, Jwary.
Mareh. (3 fft8eliThJsl. J￿y. ￿ A￿aUS￿ h81d ￿ z¢￿ Th• Ex•the c

THE METHOtMST CIRcurr OF GLOVCESTERSHIRE
ANNUAL REPORT AND FINANCIAL STATEMEKtS
YEAR ENDED 31 AUGUST 2022
OR<MNISATION {¢ontinued)
C1￿ult church•s:
INote.' deS￿na¢￿$n lor Local E￿rr￿￿￿1 Partnerships {LEPsl- WAdtK**st A-AnghcanlChurch of EnglarKI,
Lkunrted Refomw Churth. &BapW c-c￿r￿a•t￿)D0Tr Fed&raknnl
Abbeydakn. Christchurtsl (LEP-A M, U. 81
Apperley
Ba1￿Y Lane End
Br¢am"
chaff￿d HIM.
Chef(enham, St Mark's
churchdown
Cirencester, Ashc¥oft ILEP- M, U)
CoaKYay
Ours￿Y
Fairford ILEP- C, M)
Gloueest•r. Lonsdale Road
Hartp¢￿y.
NaiL%worth. Cknist Chureh ILEP4.M,UI
Ambth. Holy Trknty (LEP~ & MI
Btshop's Cleeve
Cam
Cheltenh*n. Wthaddon. St mi&￿5 ILEP-A MI
c￿rr*￿ts Ernj
brrxjk
EastiWon-
Gloucester. Barton Syfeet
Gkjueester, St John's
Nvwent Sl Mwys (LEP- AMI
Quedgthy
South Cemey ILEP- M,CI
StroL*I. St Aban's ILEP- A MI
Tv4ykes
Vrfrrtto￿ndOl￿dg8 ILEP4A.U)
Randwick. S( John the Baotst (LEP-AMI
Stonehousè
Tetbury,Christ Church {LEP- M.UI
' During the year the m*mtws ol Bream. ChaKord Hkq, aThJ thurches decid￿ to s•trk approv81
Irom the Circuit Asseirty and the D￿lT￿l SY￿￿ to dtscortswJe publr w)rnhip and to C￿ the buibjings.
- During the y•ar thè members of E8*on d•caled to seek from thé Cirettrt Asw
and the Oistnrt Synod to disex>ntmue pvbk I￿rship as a kIe1h￿tst Soth and to c￿)Se the bulidings.
In addlion to the churches hsted above, N¢Jth Cemey Febmship and Hawling are now constrtuted as
cI•8W Df CheAenham, Bethesd4 and Tibbertoft rJ a clam of Gloue8stèr. St Jthn's. Haw*'ng cortinues to
use rts chur¢h buibjing. (The Corrstitthn81 Prnctre and thsuplme of thè mèthod￿ Church desc¥ibes th&
pro¢¢￿Te that Is to b• folkw1￿ vthen a kx•l church has merrkners to fomi a Church COU￿1.
remammg members can then be constituted as a class of anothef Melhodilt church of suffic*nt svzè
wh*r8by th• Church Covncil and Pathl Cc¥Mhttee ¥e th to uThl•rt8k* the ¢>vw5vJIrt of the merrbers
who fom? the ¢lass.1
RISK MANAGEMENT
Th• Cireutt ¢ndeavours a¢XNety to nwKts#), promL*e and iev*w v&rty)us pol￿1*5 help to manage risK
induding con¢eming financrdl ￿￿eSS and ￿ hokjing of reseThes.' t￿ management of woperty and hea#h
and safety. ar￿ the er￿1￿￿Thnt ￿ pafsonnel and lone vrn.
The Circurt eontinues to deveknp rx appty wbu5t prcte¢fwes for safeguarding th￿lIen, young peopkg. and
vulnorable aduts", each church has ts safewardlng officer The circurt safèguarding 0f￿er organt5es an
actwe and on-going train￿g prograrTvne for am those Nbts)se church Offi￿ démands such training is
undertaken,. ensures that apwome Fthès. chth. and declaralions are in p*e or obtats)ed at CWJ
level., Ibatses ￿th &xternal safeguarding aLrthorrt*s as n￿eSSary and loLg1 ehurthgs as required.
(The annual iewt ofth• ciwcurt safegu¥ding officer appèats be￿).

THE METHOtMST CIRCUIT OF GLOIICESTERSHIRE
ANNUAL REPORT AIID FIMAPICIAL STATEMEPITS
YEAR ENDED 31 AUGIIST 2022
FINANCIAL VIA8ILrrY.
susl8inatilty.
Assembky in Mar¢* 21r21 of a refreBhed po￿ Pkn pJenOfi8¥ for athn to t*
The refr•$￿ MIS¥K￿ and pkn ib irteThled tr) CirrxiV$ use of its frnrta•l.
rtfckn In the Missicffl Pc4icy P*.

THE METHODIST CIRCUff OF GLOUCESTERSHIRE
ANNUAL REPORT AND FINANCIAL STATEMENTS
YEAR ENDED 31 AUGUST 2022
Thus thè Crcu￿$ mission policy 15 interKled to guwJ•."-
the minrsterial oversight ofthe Lrtal Chwch8s in tho c￿￿rt (thi5 in¢￿des thw churcthes in
varW ofeuJmenKal partnpxshipsl".
the support of a MIn￿ty team oy wesbytetal Ministe￿ deacnn. supemumerary m￿￿ters. lay
¢orMiunty. farth or outreach vA)rker& 8 chaplain to Hartjury UnNersty. and lay circuit
administrato￿.,
the ￿c{t￿n and maintsrsance ofthe rfwses" and
the financial abW to undeThvrtè current and firture specfft Cr￿11 wcpets thefety ensursng
thatthey able to ￿ rxtalwj and sustained
MISSION PLAN
The CIT￿rt agr*J a refresh￿ Mtssion Plan li Math 2021.
Who we are
Methodists beleve that..
I people nee¢J to be rèaehed by Ws gace.
Al pec* ¢an bè reac1￿￿ by God's gr
AJI people can God's gTrce.
As the Mdhodst Circurt of Gloueèstérshirè is a group of Meth(hJtst thur¢hes ￿ Gbuce*ershTr:
We celebr8te and re¥p￿d tr) the b)v• ofGod rrode kn¢y*m m ChW tr￿OUgh worship. mBsMJn and
daity disCip￿ship.
We ¢herssh our p￿e, as part Lrfthe*¥Jer MethoJrJt chu￿1. in the thurch.
We in I￿rking ￿ partnership￿￿th other denomrthns. fath aThJ ￿rI¥￿jnty groL4)$.
W• embrace tho dNeTse ghfts •nd sk* of peopk caled to lay and Ordain￿ mi)tstnes.
Our roa¥on for ljoing
W• ar• called to be to be 8 S￿n. ¥&*ness, fotel•ste and instrrm)ent of &Jd's Reyn On the of tho I￿r1d. so
our lrfe together is ceithd ¢)n Y+Y)r5hip and tThssKin and are c£rnrtled to sharing tho Good N￿. We
wrtness to Iho Irw￿n9 k)¥e ofGod through Jesus Chi5t n ixlwidual and the v*wler
workl.
So, in fuhltting God's m￿S￿)n and OUT Call￿9. wt •x*t to..
Connect
Load
Support
the people and chwches in the Cwcul aThJ o)ThrnUn1￿.
Our guldlrq windples
All we do is shaped by the to be fa*hfrJl to GOSW values and to 110 iusts*. the mercy and
Wa￿ humbty 7Mth God Ytho through Jesus Chrtst and the ofthe Hoty SP￿lt ￿ Fwttènt and aLXNe in the
wow&l. Wo we opgn tt> thè contmuing gumlarth and transf0m￿. n ofthè Hoty Spirit
So, aspire to bè a Cweurt that" .
¢wntsbb•
Cdabjrati
Generous
Transwent
VabJing of w•M being
Globalty
Inc￿5￿

THE IIETHOThST CIRCUIT OF GLOUCESTERSHIRE
ANNUAL REPORT APID FIIIANCIAL STATEMEIITS
YEAR ENDED 31 AUGUST %Y22
Tcgth as a CArait as Lcrfal Cl￿rd￿S, (w FI￿$ be ()ff cakng￿d
lislto b• tKknJ.
d*k•n u11q￿ t*6t by
chiKI￿.3 aThl Youth M¥
Chur¢h atllNry Mary#i&
Social Cllmat• Ju•tk
Climate £￿￿rgry.
p•n￿e1 {Mlnl8ty1
Clwrch. Clwrth Lrf England. ts C(Ky•g￿ Fe4Jwakn. RefonY*d Church. ol

THE METHODIST CIRcurr OF GLOUCESTERSHIRE
ANNUAL REPORT AND FINANCIAL STATEMENTS
YEAR ENDED 31 AUQUST 2022
Church, Nailsworth, a L￿[ E¢LM))en￿l partnersh￿ - whose rr*n*ership includ&s a sNJnificant PToporhon
of MethodL%ts- apwnt and house the￿ nwnBters. serferal ofthe Lther LEPS. mM￿Y is shafed
with th• othw part*ipatmg dènominth&
The Crojt is r*hty dilerse SOc*)b)g￿l￿ and chur￿￿ serving cty (*rth, inner cty,
suburban, towry vimage, and han*t locations. Styks of worship wary and several churches expen'nEnt V+*h
differant worship •s, ttinès and s•ttings, 7wth enC￿(ageTh￿nI that churches kam from one an(ther.
The Circuit as a vthole and thrO￿h of ts churthes has contnued to seek fartlrfulty to WQT5hip and
serve God, the Latter expressed through pastoral care, felkA4ship and through and beyond of
ts churches. Digrtal technokngy has been w+￿ety used to sustain these a¢Awit￿5. Through thtr dèploymènt of
Min￿e[S and lay %wrkers, thr¢)ugh Tegular Corr(nun￿￿)fi and ￿loUS other aspeds ol admintstratN•
support together wrth the ongoing ProV￿￿)n of safeguardirwj. and th trainry the Circurt has
continued to erthurage and resource rts churches and membeF5
Further ddai15 ofthe CwtyJ*$ endeavoEJTr are drtarfed in the Portblio R•p¢yts set tyjt b•l)w (the Finance
Portfol￿ deaf( %Mth under'Finance Revw*l.
Presbfteral apwntments
In Juty 2￿22 Rvlds Andrv* B•Jgs. Cook and Noel Stwp kftthe CiTvJ* to tske ￿ ther statK>n$ in
the ConnexKJn. Revd John ￿rrE retred fr¢)m opwintn*rt In line ￿reed crcurt staffing pkn.
their pastoral responsibil￿e$ ￿re di5trbuW bets￿n the remainYvJ mèmbars of staff. This means
change in respOnsib￿rt￿$ Revds John Heltyei, R￿he1 Leather. w￿dY Tucksr, arvj Jayne Webb.
CAra#t Lay St&fi
One ofthe pnnryles on we w(¥k is that Partne￿h￿ bth￿en and by p8oplè is fijndwnentsl
to our understandAig olthe vrdy in whth ¢￿ olls people to rmisty in the life ofthe ￿Ortd. Impbementing
the decisions in the staffing plan ab￿rtthe deployn*nt of lay Vlrrfkers has been a chal8nge. There
was a va¢￿¢Y at Cirencester and part-twne appointrn8nts * 8othèsda due to worktrFS lea￿n9 and the
reshaping orth& app)intmènts. R8crurtm8nt has b8•n drffiojlt and our experignce refie(ts re¢ruitmenl
difficulies due tts shortage of WOE*ers in many areas ofthe economy. The ExecuiNe has subsequent
started a review of theterms and condlK>ns ol * *Thk•rs.
I'￿0n H8n
The CK¢u* Mission plan was reV￿￿d arml wK>nt*S S8t the yèar. It is int•nded to shape our prioritios
and our actNlies up to 2tr26. The challewwe the year be to ensuiethat it (￿Vr￿d and
embedded into the thin￿ng ofthe ChUrd￿ in the CiniiL We ￿11 ako haNE to ensure that l informs and
shapes the of Off￿er5, includ￿9 mul￿terS, lay onwh)yees and Portlokn Holders. W8 put Special
emphasis on discern￿9 vOcat￿)n and suppc*tFng thurthes in developing their mi55ron pl8ns. A vxlèo
resource to help groups think and plan in m(Ye deF4h for mBsw)n V*eS devek)ped.
Closurn ofCh*fwd Hhy WKI H￿I￿ry
During the yearthe peop￿ in Chawwd and Hartpury twkthe ¢Je¢LSh)n lo ceast publ￿ worship. In both
ases we aTe thanklul for Gtsd's farthfvlness over rMr• than 1CiI years in uS￿g these s￿￿tte6 as a ￿tnesS
to the good n8Ws ofJesu5 Chrtst Wè arè th￿k￿￿4 lor the gen8r&￿S ol peop* vtho have offered
Godin Love Unkgs U$
In 2020, the Methodist Conference adopted the G￿1n LO￿ Unites Us report Chuich Countyls
to regL%tertheir church buikjings forthe cond￿1 of same sex marriages vthilè aifmning that IndNidu8L8 and
churche5 prevented by consc*n¢e fr¢xn awpting thè d•v•5opmnt have their posrtJDn hehj wth equal
respert ￿ the Churth. Most of our churikns tskenthè dÈetsw)n to register their tyjddings for same sex
marriages.
Thanks
l ff•ndud¢ ¥￿th ancIh•rV￿ of gr￿rt￿Je lo the lay offKers and Local Preachws In the Circurt for the
creditile energy. skdl. colm7rtr￿t and groce wrth thry sw¥e Cfftxjrt wth￿rt tl*s* peopl• the
Circurt would not be ab￿ to th ts l aL%o wantto thank the ministers and * WLYXers a
bÈ&n a d8Wghtto seNe a￿n9$￿￿e.

THE MEfHODisf ClRCL¥rr OF GLCMJCESWIRE
AMNUAL REPORT AMD FIIIANCIAL STATEMENTS
YEAR EMDED 31 AUGUST 2011
gd.
Minbty.
tr8inirwJ in tINs
Ml••lon Porllolo
than th0￿1 bulthigs have b•an u*J vulneratk in our
vtsl way.

THE METHODIST CIRCUIT OF GLOUCESTERSHIRE
ANNUAL REpoiYf AND FINANCIAL STATEMENTS
YEAR ENDED 31 AiIGUST 2022
In COnrbe(a￿noI Year 2021-22, the ministerial staffing of the eircuit C•￿s￿ed 0111 fuNim8 wesbyt•rs," a
fiJlkkn'Th dea￿n". 3 part-tTh presbyte￿ 3 part-tMY* $upwnLMNrari•& 1 presbyler. Th￿ equated
to 13 fvlktThe equwalent rnini5te￿ receI￿g thè stip•nd IN•scitsd by the Meihodist Conference for t
yeaT. of the svpemfftws n(* pahj s*"pends. At the end of the year. the saKI tsrewell to
Rev'ds Andrew Blggs and Naomi Cooke, rTr)wwJ to new circuts tlwtyjgh the statb)nmg pro￿$ al th• ol
Ihew term ot appO￿tMent and John Krn Isrtiww d(hvnl
At ts Marth 2022. m•8ting the Circurt Assembty appointeil Ihe next Cir￿rt lTrvl3tKJn Commrtteo comprtsing
representatNe frcrfn each church togetsr wth a nwnber ol ex offth marrthts. A Otstr￿t training session
on th? St•boning yocess I￿as annged in May by the DISIT￿l Chaw and Di51rk* Lay &ationing
reprwntatwè, to 8U4uéint members with the Code d Practice and to ertwastse thè impcrtanc4 of
idenb"tying une0risca￿ bms in der#s*)n ffraking.
Folkjwng the training Se$￿nS tsvo ciruJ* stthvards hekl conY8rsalKYs wrth thè wesbyter and deacon
whose term of appointsnent in the CTcuf( is due to efKI in 2tr23. The Pre$b￿eT ￿d￿ated that she did not
wtsh an extensK)n thvs tin*, vthpAeas Ihe dea￿n v•isl*d to be eofts¥Jered for an extension of four years
frorn September 21723. Membw5 of the Circuht *ere inf(Ymed ofthe Ixrto)me of thès•
discemment converS*￿nS a￿j a consutratsn Prr￿sS, th#rty défffwd In the Code ol Pr8Ctti. then
followed Hwofving bcal ¢hUrd￿ and ¢Xher area5 of the ¢kn¢on's work in th• cOrr￿nty. Th8 Cycu
InvitatK)n Comthe met I￿rtuaty) to consKleT the offef of èxtens#)n and the responses of those ￿nsU￿*d
The offer had been very ￿drrnty receNed. The ccrfnmtttee unanTh)usty reC￿ended lo th¥ Clreut
Assembly a(xeOance of the offer& (This EXJW been sKnlady apwoved ￿nan1r￿U$ty by Assembly at rts
mee*ing in Septerrthr %Y221
Also at the K4arch Cyujtt Asserw, Colin Pascoe was aFWmted as thè Crcurt Stvward hokhrvJ the
Pwstsnnel PL¥ffolK>. succg8ding Russel Buky. The Crcut 15 wateftil to R￿$¥11 al his wovk and
guidance whi15t Ih)kling portlofio.
Fof 2W21-22 the CIr￿rt was the narrnd empknyw of niro * w￿rker p05thns."-
Two part-brre administrators. one vthose work ￿ focused primwty on finan¢¥ and the cther on general
odministralK)n. including a svJnrfthnt amount of HR. horrE. Their kne man•Jer B thè Superintendent
Four part4im• ChildronlYoutNFamIl￿ Outrea¢* wwknrs based in the Methodist ehurches at Churchdthvn.
Eastington. &oucester Lonsd8k Road. and Tev**esbury to9￿h￿r a part-tii* hospitalrty worker
Chertenham Bethes<Ja Mdhodt5t Church and a fijlktvm Mission ar#J fJrtr8ach ProieLI WOTker employgd at
cirenc￿er Ash¢roft Methodist ChwetrL
Each of thèsé lay %thers has 8 trffjriag￿rrt and SupP￿t woup men*ers of the local chur(*
and a repr￿en￿l￿¢ of the Circurt Asswnbty. An annual rewt ofthe vKrfk of the lay wvrker is submtted by
these groups to the C￿Curt Assembty. The Cirw* corthuès to ￿ntrIbute to the TrJnd￿g of a part4ime time
chaplain at Hartpury UnNersty and to be repres¢ntsO on hèr support group by the Superintendent ond
circurt steNYdfd.
The rn8n$e steyrdrds hovè Continu￿ to mawtsin the thffteen ff•nses d the Clrcult All but OM has been
occupied by the Minist￿81 staff. The thwte•nth property. h8s nc¢ bèon requ￿e￿ for Cir(yJf( stsffing,
has agav) béèn lèt on a shorth0￿j assured tonarry. No Quryugnnral wweL*ion5 w•re 18qu*ed this year,
however thèrè are 14 ¢*Je next year. tt is woposed to reduce thi5 to 7 2033 wrth 7 in the lolk)wg year,
2024. to ease the fin8n¢*l #nd W8Lthal burdofts. The Cwujit refflains gratelul forthe ￿nsk￿eTable tim• and
effort expended by thè tèam of mansé st&vrarts fed by Safy Haw in responding to urgent property repairs
and enswiig man￿$ are su*abty marlained as fur mini*¢r¥
Thé Cireurt is also gratefijl to the burial grouTrJ SI￿vartS n￿rtor th• o)ndrtion of the Cwcu¢g
retained burral grounds at Ell*•wJ, H•Jhleadon. Ken*rton, Oakndge Lynch and Ranth￿k. The ￿yer￿
wall at Oakr¥Jge Lynch, close to the rwhlxjur, w￿"nI*S to be mcffiitored to address the rwhbourf$
concems regarding rts *ablty. No rTYyM￿nt h•5 ￿teLl*d to date.
Ythy Tiee CLrttage has ncm becorr* vacart and wth the Ilat already unocojpied. both are being mBrket a$
one unit. Waknore Hiu Sch(p)I premises remains based to the Lc￿1 Educatth)n Authm.
This firkancial year has seen the cornpW￿n of ol May Hill methC￿￿t Church. Wook95ton &nd
Chalkjrd Hk4 Churches were placed M the Mark￿ thtr yoar. A buyer has boen found lor WLX)la5ton
io

THE METHODIST aRcurr OF GLOUCESTERSH
ANNUAL REPORT AMD FIMANCIAL STATEPIEMTS
YEAR ENDED 31 ALIGLBT 2022
8ubigX to his oblwmg ￿0￿1Th3 pemy$sh￿. we ￿lI￿j the ol Ws apk4ratiDn.
Church awardy.
EqualAy. Dp4eisity a￿1 IEDII pl•is ¥•iihin th8 C￿1￿$ as eleFrents oft
arJoss Ihe Cirvjl as kwll 45 Cirwt nwnlth. Th¥e *8 a wmb•r of k)cal wimenul
CIRCUIT WEGLWIDING 0F￿eRE REPORT
C1￿Ul1 frAb*s dosely Poky. Pr(t•kn88 arxl ￿lde1th￿ crf the Mthrfjist ChurL* in
li

THE METHODIST CIRCUIT OF GLOUCE8TERSHIRE
ANNUAL REPORT AND FINANCIAL STATEMENrs
YEAR ENDeD 31 AIIGUST 2D22
FINANCIAL REVIEW
The ChaTty is in a finanual aThJ can be conswJ¢r•d finaneialty SOCUTe for tho next 12 months
and into the Coming ￿arS Irè sedK)n'Financial W￿￿).
Our ReseNes Poky Ibekn¥l relalos to ow ￿eTaI lunr85tWK*¢dl funts frwly avadabl8 to be used
for any or all purposes (rf the circu￿ Cxher fvnd5 are atso inc￿￿ forth• sake ol cLqnty and openne55 and
to shv44 that the Cwcuit has a polKy r￿agefferrt of au ts rrthiey not sryty thc6e whrh are definad
Flnandal AITh¥N
To secure and 5￿tain Circu￿5 vijbthty and futur•.
To gNe ¥&955uranr* to the genèral pubk that the CFTcu¢ is a ¢h¥Xy, Intends lo use all of
the money ￿ning into ts ¢arè forthè purFoses ofthe Charty.
Principal Funding Sou
Tho principal fvnding source of the Charity is in the fofft rf assessmerts (levies) on •%h of our
cireurt ehurehtt. as $81 out by Standing Orders
To support OUT mi8sKJnal addrtKJnal fundiThJ ccffts trom èxtwnal sources in the form of
grant5, wh￿h relate to a specrfK aTrJ fof a Iwnrted pemd oftime.
Rental incorr* from inve5trrvrt Wopert￿, onE ol a pn"rr*ry school beased by
Gk>uLtslershire Courty Council.
Rentsl income an unoccupi8d manse.
W• Undents￿l the requlen￿nts under cherty regulations to dls¢bse (yjr wwofv•Thnt In ftJndra15ing. The
Charty does ncl generats funds fr￿ corrTheicial athl*s and tharLth ￿t￿lI￿ other than tderrtffied
above.
Assessmen*s (mon￿$ levied on each church in the Cir¢uiti provrdè th• majffj lovw 9C*%I of the Cwcu*s
income (excluding recovery of Tray empknyn*rt s*ry co#s through grart8 and churches). A Crrcurt
Finance Support Group, rewesertatNe of ￿9¢ and small. Lthn and rural churches assists the circurt
treasurer and asst5tsnt treasurw in nYJnrtQrin9 and rèv*wng th8 changes in the assessment calCulat￿n
proce56, as wel as the r¢gut¥ fwnc•l nM)nrtoring.
During 2021r22. as a resur( of some thurthes being Unab￿ to fij1￿ Thet t1￿ assessments and due to
ome ¢huich8s d05ing. thE 5hL¥ttal lan aFKK)unl of £18.737 whKh repres¢nts 2.5% of the t(rtal
aS￿8M*￿$) cowed partty ty addthnal flonaions from ¢hur¢hes *Mth ￿rger reserve& with rest
coming from Circurt
Th¢ ¢4r¢urt assessn*nt is revM%*d annualty and coveTS costs of 1￿ of the m￿S￿ft Polw. togdher
with other gen8ral adrrinistratxyn exwses. cakuL*ed on a Corrl)ww￿ of
i. The unrestiicted and non41esignated income lexduding kiw income) of a church.
. The number of m8rtJers in each churth.
IM. The average attendan￿ xt semttt. (Nerthe year.
Thè cu￿8n1 woportw)nal sP￿t r4 lil eiN. Ill2￿. (Mil 20%.
Support to churches haNVW drfficuty meth.ng the #grèod assas6Thrts, or t￿￿$• of partivJlar local
difficufy, has been offered through an a55essrmrt grat* N rth•r ava*Jble funds. FinancHI support for
churches wdl be corrtwlued where appropriate.
Grants
IN - £267 wa5 re￿Ned as a paymert vil th• go¥wn￿￿ Cowd FUrtr￿h scheme. for a kny ￿Thke[ at
Eastington.
OUT - Through the Modél Tmst Fund IMTFI and th fund5. graits were made availabb for aswsff*nt
supwt totalling £80.OW Tha MTF. and Lthèr ewejjrt funds. ￿re also used to supprytthe outregth bthers
as V**ll as gènèral expertdrturè.

THE METHOOIST CIRcinT OF GLoL￿EsTER5HIRE
AMNUAL REpoFrr AND FINAPICIAL STATEMENTS
YEAR EMDED $1 AIJGU8T 2022
Grants duriffj the yoar
Fln•rKl•l •wnm•ry
2021rt2
2020A1
725218
33,414
77,455
459.649
752,737
36,898
1115.681
389,044
I￿n6 1204.360
635.041
618.1W6
52,534
21.184
1￿291
16,189
166.M8
13.312
66.931
137,435
25.CNJ)
1.135.300
Distrba l URC I CLMVJ. C¢8ts
DAF levy
174.859
1￿.578
ContritMMn kn Perffj1￿ R•seNo Fwxl
Totsl
1.140.747
Nrtfflovwn￿ in fvnd•: •urylu•
110.436
143.613
FUNDS
Fund (CPF). No levJf15 chatgwj ￿ the first £20.(￿. aThl ltr￿ •ry exLXS ow r20.(MY) up
to £1cKI,Cts). 4VA ￿ •rty exc￿ w £1(M),CKQ.
The MTF ts ￿TeSti1￿ In bts nalwe. t*irwJ a¥al￿tAe al M•ttr#>tst Trust wrpLW. The Mcrflel Tw8t
FLmd is used by ts Cir￿￿ flya of misskffj. ￿nnu￿ lgvy
(b9*1 on the yew4nd ts918￿e of ts FurnD trarth furKts to ts Brfsknl thslitt kn be mad#
was £7.308. On ts basls olthe fuThl at 3118r21. ts Iwy t* b• tkn on 119r22 TMI be £13.312.
2021n2
2020n1
MTF bolanc• 8t 31 Awt
294.155

THE MEfHODIST CIRCUtr OF GLOUCESTERSHIRE
ANNUAL REPORT AND FINANCIAL sTATEmEP￿s
YEAR ENDED 31 AUGUST 2022
A$ * 31 AUg￿t 2￿22the Cirwit had Ihe fo1knv￿n9 fvn(I
(See Nrt¢ 14 tothe Finanual Statemerts d•tats of fvnds he￿)
XI21r22
Desonated
UnrestrK*ed Imonse proport￿ + ft<ed ass•ts)"
UnrestrKle<l {MTF and ¢)thwsl
124,3e6
4.080,607
6￿.841
203,826
4,023.%3
TotalFund
4.921474 4,704230
. Ncrte.. The68 lunds canncl bo reaI50d unless thè ffanses are d￿Pus¢4 ol.
It is recognised that the bevel of Min¥n￿Y￿ R￿er¥￿S to cover the Funning co* of thè Circuit Imainly
minister5Istaff costs) in the of a sudden (kop Ge￿Talty, the loss of tharty ￿cOMe
Isubstantialty bèing assess￿￿nts from ¢hur¢hesl woukl, ￿ reakty, bo on a gradual ba515 over a nUft￿er of
years li.o. rf churett Thrthrship deckn￿￿ arml ￿ving a thurch less able to pay the full levèl of assess￿EntI.
In the event of thi5 type of decline. ther• V•tyJk1 be and oi*ty)ns for struc*ureil planning of the r
depksyment ol n￿nisterS the wder Method*t Connexw. v**h the Ltjnsequential saving in circurt costs
Indeed, in the regrettable event of a chutch cknsure and subsequent sale. add#￿n81 funds would be
availablè to o)ver CCrfTynitmerts.
11 was CO1￿mIered that we could sensty sd the *1 of m￿lMum Reswves rt￿SSary at £I25.C￿3 to
prowdè o ￿Ve1 suffKient day4tsday cash flcA¥ arml a of funds could te made ava￿able lor
unKl*ntffied projects. Thi5 does not affed the of tho Charty (the C￿￿1) vthi&t, at the same time,
maklig availabte fvnds for 5￿portm9 ftrture rTh5wn c*)ns.
The Charity's resefves levèl will be rrontored cb5ety thfC￿9h next year to ￿$￿re funds are av4iLqbSa to
meet rts comm￿. The articipated ¢Ycurt re￿￿W has been crynplded (see elsthvhere in this raportl
and is resulhn9 in annual sayw￿5 in siaffing eosts as well as po¥sible goins ￿ fedsjndarrt Manses being bt
or sold. This will •ase the overall eX[￿dI1￿0 an(1 thu6 hopgfully kwi church wessments at
sustainabkn level.
Balance of Uftrn8trlrt•d Fund•
unrestr￿t0d funds over the ReseNes are avalk￿ lor k1ontified or gerwal budget
support fflapwov•d ty the Asserrknly.
STAFFITrX3 COMMrrMEP￿S
ong westyters deacon, ￿ have financiaWy supported tho ￿Y %wxkw5 who w(Kk in the
folW)V*ing aroas of the Circu
Part4irr* Famil*s or Corniunit￿s w0￿e[S at Tvkntmjry. Eastingtorn Gbucester
Lonsdale Rrod, Churchdu￿. and Betl*sda- Cheltenhar
We have finaFwfy Suppe￿¢￿ by grants in pwtner5hiJ:
wrth the Gk>uc8Ster t)￿0$e and Hartwry UnNeTsty. a part4ine Chaplain ot Hartpury
Universty. and
at N8itsNwJrth Chr& Church LEP a pwt.tmne V*Y*kèr.
14

THE METHOOIST CIRcurr OF GLOLKESTERSHIRE
ANNUAL REPORT AIID F114APKIAL $rATE￿I￿r$
YEAR ENDED 31 AUGUST 2022
TRUSTEES. RESPON81BILmES
Charities fv£t 2011 the chal￿￿$ (￿l￿rts •)d Rowtsl 2(Kl. 11 is al80 resp)nsI)￿.
Au￿oR5
audth.
ON BEHALF OF CIRCUIT mE￿ING
D.￿.....u&￿V£rfL

INOEPENDENT AUDrroirs REPORT
TO THE TRUSTEES OF THE M￿HoDIST CIRCUIT OF ¢XOUCESTERSHIRE
YEAR ENDED 31 AUGUST X122
Opinlon
We hava audrted the fwncial stat￿Ents of The Methodist of Gb)ucesternhife (th• 'tharty'l for the
year end8d 31 August the statement of financial a¢*wths. the baknce sheeL the
staterr*nt of cash flows and the nrtes to the finanual ststernwts. I￿lUdIng a suThvnary of sbJnrfl¢ant
accounting polic￿. rhe f￿an￿al reFth￿9 framth¥rrt that has been appl'ed in tsir w￿arat[On
applicab￿ law and Unlgd KirvJdc¥n kcounkn.ng Stsndards. inchJdKvJ Fmanckql Reportmg Standar¢J 1¢Y2 Th$
Financial Report￿9 &arMlard appkable m the UK and Repubk of Ireland. (Unrted King￿M Generalty
Accepted Accounting PradKel.
In cvr Op￿10ft, th• financial Staterne￿..
give a tru8 and fair of the state of the ChWs aff8w$ as at 31 ￿￿USt arld of the
Incoming resoure4s and appk*KJn of resourees. induding ts incom• and •xpèndrture. ftw the year
then ended.,
hove been propwty wepar¢d ￿ a(zordance ¥iti Unled Krydom Genernty AcceFrted Aeewnting
PTaetKe. and
have been prepred in wwdanc* wththè requTemert5 ￿lhe Charl￿5 2011.
8a¥i¥ for opinio
W8 have been appoirrted as audtOf5 under se¢kn 151 of thè Chwitr4s Ad 2011 arNI report in aecordance
with rogukit•)ns made under secb)n 154 of that P£t W• ttjnduded our aud* in accordance with
Intemational &andards on Auditing IUKI IISAS IUKII and appkablo knT. Ow resFKJnsib¢I¢é￿S under those
standards are fwther descnbed In the auditors iesponsibihbes for the audit of the fin￿r￿&*I statements
section of QUF Tepoft We are Midependerrt of the in acCorda￿e the dhul requiremènts th8t 8rè
relmnt to our avdrt ofthe finanaal Staterne￿ in the UK inthdirvJ thè Financial Reporting Councils Ethical
Standard. and have fijlfilkd our othei ethral reSponS￿lItIeS in at£¢ydance ￿ these requiremerrts. Wè
believe that the audit ¢VMlence ¥￿ havè obts￿ed is sultyrt and appropriate to provmle a basi5 for our
opinK¢n.
Conclu•lon8 r•l•tlng to going concern
In auditsng the financwl statwnenty w h•4è ￿nduded th* the Trustees, use olthe COn￿M basis of
accourtin9 in thè pr*p8rath)n ofthe fmarKial SlatW￿ aFpwk*e.
Based on the work ￿ have perforn￿d. ¥￿ haw nLrt any material uncertairl*s reLqb"ng to events
or ry>ndrth)ns that. IndNbJuaMy or collectith, nw cast Sb3nrfunt doubt on the Chwtys abilty to continue
a$ a going ￿ncern for a of at least trIe￿e nw)rrths frrrtn Y+tsn the oTrJinal financAI statements were
oUth￿sed for issue
Our respons*drties and resws*Jaties of the resp8d to goww c￿￿•M aro deraibed in
the seclions ofthis rewl
Th• trustéès are responsible for thè other Inf￿rnth. The other irrformation r¥mpri58S the inf0m￿tIOn
Includ￿ ￿ the trustees, annual report cther than the financol ststemèrrts and our a￿rt0rf$ report thereon.
Our opIn￿n on the financial slaterT￿lS do85 not c(Ner the olhor iftformatK)n an(l. except to the exient
otherwise explicf(ty stated m our ièprf do express any th)mi of a$surar￿ condvsion there￿.
In eonnoc*KJn w*h our audrt of thè fmarKial statemems, ryjr resp)ts*dty 15 to road th• oth•r inf0m￿"an
and. in doing so, con5KJer whether the other nfornntion r6 matensty ￿con5￿tent wrth the financial
statements w our knowledgè ot481F￿1 ￿ the audrt or Lrthemise appear5 to be materialty misst*ed. If we
identrfy such ￿￿ter*I i￿￿￿SL5t9nCleS or apparent materal mtsstatemerrts, ￿ are requwed to d¢temine
whether there ra a M￿erIal m￿5*31￿Ment in the finanaal statements cff a rnateri81 mts5tatemènt of th& other
4nlormatwJn If, based on the work wé h￿e pwlDrmed, we ctmthde that there 15 a Thter*l misstat8m8nt ol
thi% Lrth•r infoFmthn, aro requ￿e￿ to rewtthat
Wè nothing to rewt in thts regard
16

INDEPENDENf AUIXTOWS REpoffr
YEAR ENDED 31 AUGiIST 21)22
uirns us to rewt to YW bf. (Pr￿n.
or have rethstic to do so.
vrith regulalions made ur#Jw Sec￿ 154 ofthat Ad Our reBpMs*Mlity is to and exyw an c
r qxnkn. RoascThi* aSSLyan￿ is a level of lyjl a gu¥ant¢¢ aud
FRS 1￿2 X)11".
17

INDEPENDENT AUtHroirs REPORT
TO THE TRtISTEES OF THE MEfHOtMST CIRCUIT OF IXOIICESTERSHIRE
YEAR ENDED 31 AUGUST 2022
As part of an audit in aC¢Ordan￿ voth ISAS IUKI, exerctso profess•)nal judgerrent and mawttain
profe$SKJnal Seep*￿¢M throughout the audL Vle also plann&J and perfom)ed audr< pio¢*dures including..
Gaining an under*anding ol the •nd rewlw fram￿￿1￿ and e4knKlerng the risk of any
acts may ￿ ¢>)ntrary to appl￿ble ta￿ and r¢guktThrt. iK*Jding fraud.
Obtaining an undwstanding of MI￿31 control r*lovant to th8 audlt ￿ ordw to design •4*Jit
procedur•s that are •pproprAtè in the ucumthnegs. not for the purpose of axpressing an
opinion on the effectNeness of the companls intemal contr
EVahjat￿ of the apwowMt•rw of ae¢ourtww pokns the rOaS￿￿b*ne9S ol
Making inquiries V+ilh ￿HnagaMent eonswJw*w of kwKwn LY suspert8d in*rKes of
non-¢￿￿lanCe Mth IM and f•gulabon and fraud.
Tèsting journal entri85 and othèr adjUStn￿nts for apyorrnteness and WdW¥ig tho r*itinale of
any svJnffieantIran&￿l￿ outside the r￿)rMaL cx)u￿e ofthe charty's arAwth
Ev8luaknn d the ￿[all present4*M. strudY￿ and eonterrt of the fsnancral 5tsterr*nts. including
thè disclosures, and *thether the financial ststeThrrts rwesent the Under￿n9 tr8ns*XfvJns and
events in a Inan￿[ that a¢hMes fair pYeserrtatK>n.
Conclusion on the 8pprowBtsness of the dir£dors' uso of the going eorrkm b8sr6 of accounting
and, based on the au¢Yrt èvidence obtsined. ￿•ther a m*nal uncertainty exBts remed to events
or condts)rts that may cast s￿D￿￿nI doubt on the c￿1￿￿￿￿$ 8tm.lty to continue as a going
concom. Ifwe CO￿Ude that a m*erial uncertaffty e¥* are requyed to draw atterrtKJn In our
audrtofs reF4)rt to the relat￿ di8ckJsures in the fina￿￿￿1 staternents or. if such dis¢k)sures are
adequ*e. to nxjdtty our opft￿n. Our L%)n¢￿sKIn5 are bawJ on the audrt eVKlence obtsined up to
the date ol our audrtorfs reF*Xt Hov•WW. fulum wents or ￿n￿rtionS may cause the eompany to
Cease to contmu¢ a5 a 90ing ciyicem.
There a￿ Inherent lJm*ations in the audrt procedures des¢xthd above W¢ tre *ss likety to b•cm aware
gf instaftss ol non-complran¢e wth and regulat￿rts that ￿ not ch)sely r*￿ted to evénts and
transacth)ns re)leded in the financol stste￿Dts. AJ50 the nsk of ¢Jetecting a material mr8Statement due
to fraud B hvJhw than the rLsk of ncl detedry c¥)è fesulling from e￿￿. &s may ￿¥0￿e daltsrate
¢onceaknent by, for example, forgery OT tirtèntwl misr8F￿ese￿tatiOn5 Qr through collusion.
We communThte with those charged wth goveman¢e reg¥dwvJ. arrnng ther matters, the plannéd Scope
and timing of the audrt and S￿nif￿ant a(tdrt Incttmlwg any svjnfficanl doficiencles in interr*l tr)ntrol
that we idenbfy duruig our aud
A fvrthef d8scriOion cl our resPo￿lb￿lI8S low the audit of the finarwl &aterrEnts is lo(zted on the
Financwl RaF*)rtmg Coun¢ffs %*bs*e. This desttiprt￿ form5 part of our audrtofs report.
U*e ofour report
This report ts rMde solety to the Ch￿ty5 trii#¢e4 as a t<YJy. in aC*wdan￿ the Charli¢s Art 2011.
Our audrt VIr￿ ha5 been undertaken 50 that wè 51ate to the Chaws Intstees those matters we are
TeqL¢ifsd to state to them in 8n audrtofs report and no olher purposè. To tha luNgSt extert permitted by
law. w do ncl ￿pt ￿ asswne reSpons￿lIty to anyone thrthan the Charitys trustee5 as a bo(Py, for our
audit for this report or forthe opirw)ns we havé lom￿￿.
2510512023
CheAenham. GL51 OUX

THE METHODIST CIRcurr OF GLCMXESTERSHIRE
CIRCUIT STATEMENT OF FI•IANCIAL ACTMTIES
YEAR ENDED 31 AUGUST 2012
Fund• FwKI•
2022
Fundb
Tot•1
2021
INCOME
105,881
105.881
389.044
459.849
C￿rf*•bIQ *¢tl¥ltl••
T25218
725218
752,737
752.737
pr￿ Incune
Invesknent 1￿m8
31.OT2
31,on
2,342
134
4.814
T¢)tsl I￿orne
134
EXPENDrruRE
R•l•iTVJ furn1•
{5.441)
{5.441)
(4.8&3>
(4.688)
{40,5401
{1.085.1441
(40.540)
r21.184)
(4.175) (1.CW.319) {1.114.8rn
(21,184)
{1.114,8771
17
Net incom• I
(?xp•ndtt￿) bolorn
In¥••lm•nt gaim
164,$53
(4.11n
143.479
134
143.613
Notmo¥tyn•rt In
fund•
(411n
218.244
143A79
134
143.613
Fund•:
4.673.453
30.777 4,7042XI 4,529.461
31.1
4.580,e17
513
(513)
14
4 922A74

THE METHODIST CIRCU￿ OF OLOLf&8TERSHIRE
CIRCUIT BALANCE SHEEr
AT 31 AUGUST 2022
2022
2021
FIXED ASSETS
Tangible assets
Investmerrt propert￿$
10
11
3.605,807
475.iKK)
4.080.807
3.6[￿,37•
417.192
4,023,563
CLIRRENT ASSErs
Oebtors
Cayh and cash •quivak7nts
12
681,784
208,135
889.919
585,879
722 758
708.637
CURRENT UABILMES
Crediiors due wrthin one year
13
148.052)
127,9701
NEf CURREKf A&SETS
841,￿7
880.667
TOTAL NET ASs￿s
921474
4.704
FUNDS
Unrestrirted funds
Rèstricted ￿Trds
14
14
4.895.814
4.673,453
30.777
TOTAL FUNDS
4.704230
The notes on pages 24 to 35 fomi m olthe5e a(£ourts.
The fin8ncral staten*nls were appro•Tht by th• Meeting and athns8d lor 63ue on ........... . ......
and swned on their behalf by.
Swned".
Print nane..

THE METHOOIST CIRcurr OF GL¢xKES￿IRE
CIRCU￿ CASH FL(W4 STATEMENT
YEAR ENDED 31 AUGUST 2022
20r
218344
143.613
10
1,018
(4.814)
12.342)
(s7.￿)
195.9)5}
20.￿2
{149.(bJ2)
4,814
814
122.758
128.741
Cash tdanc4s at 31 Augu8t
119,762
88.3TJ
li

THE METHOOIST CIRCUff OF GLOUCESTERSINRE
NOTES TO THE ACCOU￿5
YEAR ENDED 31 AUGUST 2022
ACCOUNTING POUCIES
The lollwng accpuntmg polw havg been aFpl￿d cons￿enty ui d￿kn9 with itemswhich are con8iderod
matsrkryl in relat￿ tothè CwuJ*s fmancwl stst•ments.
Th• finanLYal relalèto tho tthyk ofthe C¥oJ*. rl al asped
Ba81s of Pfew
The financial statorrw*s have boon wyed undor the htstortsl cost Conv￿ N) x¢ordanc• with..
applicab￿ Unrted lQn9dcrfn A£courtir¥3 standa￿S., the Chty ConYnBSk)ri 'Wement of ReCcrfnM￿d
Pradicé." Accounting and Rewting by Char** wepanng their a¢counls in a¢¢ordance ￿ the Financial
Reporting Standard applubk ￿ the UK and RepublK of Ireknd IFRS 1ff21 (Charit￿5 SORP FRS 11r2} and
the Financial RepOrt￿g Stsndaryl appl*able in the Unted lQ"ngdom and Republic of Ifeland IFRS 1021 and
thè Charities Ad 2011 The trust const*utes a pubk benefrt entty as defff*d by FRS 11YI
The funclion•l curTency ofthe is FN)und *Tkng (£1.
Thg truste•s asttts hthether tho usè of gotro cJ)ncern È approwwtè. i.e. *fiethèr th￿ are any ry*terial
uncerta￿tieS rekted to or cOndrt￿ns that may (xst a s￿nI￿nt dwbt ￿ the abdty ofthe Charty to
continue as a going concwrn The trustees makè assessn*nt in reSF*d of one from the date of
approval of the financial statemènt&
In Ma￿n9 the cwrert yè8fs assessn*rt the tr￿t•e9 hwe taken aLxount cgsh re$erves and Vdthble
unrèstrirted fijnds 01 th• wnt of appwThJ the financial strtèments. revwed d8kn'W forecasts that tako
account ol the anticwed ffnpact ol the Cofonavrus pandern￿ and consklered the Wdi*bilty end use of
Govemrnnt supprf s￿h as staff fvrkjugh $Ch￿￿s.
Thoro are inhwent Uncertalrrt￿ regarding the li￿e¢aSts, as the extent of the impart of the UK
feeession on the Charty and the bèvels of future mming resourees. Hov•E*r. the Charty ojntinues to
receNe assessments from and be SUPFOrted the CiTtJJ¢s churchas and the tr4bStg&s havtr a reasonable
eXpec*at￿ that Ihe Charty wll have ad&4u*è resources to continue oW8￿n for at baast 12 mnths
from approval ofthw financkgl strt￿rtS.
Con3èquenty. tru5te85 have coneknded th* rt 15 aPWDpr*te to a¢Jopt the going con¢em basis
prep8ring the annual ststemerts
In ap￿￿n of the Ch￿S *xThinting F￿Th$, the trustees are requirèd to make judgements,
estinmtes and assumra￿S about the cwrying amowts of assets and habilths that are not Teadily apparent
from other SOUT¢es. Th• esINT￿leS and assoC￿ted wurrptions are baséd on h￿Or￿al experpnce and
other factors that are consKl•red to be rèlev8nt h£tual rèsuts may drflei from these ostrnales. The
ostsrT*tes and undertying a55urW)n5 are revwmed on an ongoing basB.
The trust￿ have made Jutyments aNI ostirn* in resped ot. tho tsir vabjè of twible assets: asset
deprecb3tion r818s and the recoverabl￿ of detstor balances in pr•paring tsse financial Wements.
IndNKlual th)nated Y￿d5 of a natLYe valued uThJer £5(M) such as harv•st f95tNal produ¢8 are
not shown in these fwAancial Staten￿ts. Those tr¥Erthis alr￿nt or of a eap*#l natur¢ are r￿dad.
22

MOTES TO THE ACCOUNTS
YEAR ENDED 31 AUGUST 2022
Grnnl• •nO don•tlorn
23

THE METHODIST CIRCUIT OF (XOUCESTERs￿RE
NOTES TO THE ACCOUPtrs
YEAR ENDED 31 AUGUST 2022
AcCOU1￿l￿G POUCIES {cofttin
In respect of ￿3S•S that ar¢ opwth'ThJ knases, tho annual r•rla15 ¥0 rec0grN￿ in the St*emwrt of
Financial ActNths on a basks overthe l•ase temi
Toxalk
The Charty a regtstered tharty and Is ent￿ to dain annual ex•n from UK corwation tax to the
extèrt that m¢ome and gaNis af8 app[￿ble and appl*d to ch&fitable PufF￿Se5 onty. IncorrE tax suffered on
doèds ol covenarrt aThJ grft a*J or i& r8davned in
Frxed assets are sho%￿ at C4)s1 to the Charty, thè •xceptth of the mans•s and other prop￿ assets
These have b8en induded at c£)st rf pwtha5ed frc¥n thwd partss. ry if ieceNed from othèr Cffcuts. * thew
carrying value from the t1onor. A5$￿S costng ￿ than £1,C((J are v*ntten off as revenue •xpendrture ￿ the
year of ae4utsit￿n.
Depre(yal￿n bs prowdod to off the cost or Yaluatp)n less the estirrow rnsidual val￿e of tang￿lIe ￿#d
assets by equal in*alments ov*r tt*w eStM￿ usefvl •cOn(yn￿ INes as youth￿..
Manses
FrKtures, fth"n9s and e¢wiptY*nt
No d8preo*wJn ts wovKled freehokj buikjws. because of the e5tmaW hBh resvjual value and the
consequent irTKnaterialty of any depr•al￿ chorye. Freehokl land 15 not dewea*d. Ftxed ass6t disposal
pro¢eeds are reportod net of any levy payable lothè CPF.
25% per anwm on book vah
Investmènt properties are init¢lty recogntsèd at C05t and subsequeÈ*ty at tsir Iha ropoth.ng date.
Deprec•t￿n is not PTowded on inVesti￿nt wopthty.
D•lAors
Trade and othw detrtors ar8 recc4Jnts8d al the •))ourt d￿. F*epaynwrts are roC09n￿od * the
invoKed ￿ prepa#Y.
C••h at bank •nd In hand
Cash at bank and hend th￿￿KIeS cash arvj shryt temi h•3hty fft¥•sbMents with a short maturty
ol three Mc￿th5 or less trom the d* of acquis1￿n (K QP8ning of the deposrt or similar actount and
r>alances hekl by third p¥i*s of bthall ofthe thariy.
Credttor¥
Creditor5 •re recogntsed kn th8 ChaTty has a present oblKJatK)n resuking from a past event that will
probabty result in thè transfer of funds to a thwd pwty and the anK*unt du¢ to sdtk the obligation can be
mèasured ty estimated r•habty. Credrt¢xs are nonnaly at ther Settl￿Ont arno￿1 after alowTrng
for any tradé dLscounts due.
24

IIOTES TO THE Accoupirs
YEAR ENDED 31 AUGUST 2022
Tfu8tetrts.
6% of 8aknry.
PROPERf( INCOME
T¢M•l
Total
2021

THE METHOOIST CIRCVIT OF I￿oU¢E8TERSTrORE
NOTES TO THE ACCOUNTS
YEAR ENDED 31 AUGUST 2022
INVESTMENT INCOME
T(*al
2022
Total
8ank irterast r8ceNod
2.284
COST OF RAISING FUNDS
Property Costs
CHARITABLE EXPENDTfuRE
T(*#l
T(*al
2021
Stipènds. salan8s and expenses
M8n$e costs
Gr*)t5
Distrbrt assessments
DistrKt a¢fvance ￿nd
Other costs
D8preth*"on
Audit. accoufttsn￿ and thr fees
Office, communtstbJn5 8nd (ther
costs
585,168
585,188
618,193
52.534
21.184
1fj6,291
15.520
15,520
166,568
13.312
214.419
168.SS8
13.312
214.419
169,326
1.019
47,209
13.986
13.986
52.997
Oonations
T<rtal 2022
40.540
1.089.319
1 129859
T<*•1 2021
1114877
AR the suppJrt CX)sts incurred ty the Chanty induded vi the above note and have teen aloeated lo
Charitab￿ athitWs as rAho1 are inud8rtal to thé ruMiThJ ofthe Charity.
During thè yègr £15,$20 {2￿21." £29.3541 Lrf grarts w8r8 made to i1stitutiMs. Other than to assist in extemal
training. no warrts ￿ra made to indNKJua15. Grants made in n the year to 31 August we anatysed
bebw.
2021
Assessmert suppc¥t
Church outreach
Olher
500
14,891
5.793
15,326
194
Support Costs associatod ¥Mth grant Thoklig actpllies are not separablè frL*nthè core aththes ofthe Circu
and are not disclosed on this basi
26

NOTES TO THE ACCOUNTS
YEAR ENDED 31 AUGitsf 2022
STAFF CCtsTS
2022
SliperKI8 aThJ J
486.876
89.246
6.017
.054
87.7
5,151
35.319
5&5.168
Nwnb•r
2022
13
lknb•r
2021
13
18
18
DyriThJ the yw OXF￿￿$ ware rein1M￿ to Trust￿ £18.910 (2021.. £10.103) in respecl of
trthT•llry t¥p￿￿e5 £10,016 (2021. £18.3531 li of Costs. hjl expe￿ we
the c11￿1t is wK*NJo0 in Note 20.
NEf IAOVEMEiif111 FUNDS
2022
2021
1.019
3.873
27

THE MeTHODIST CIRCUff OF GLOuCESTERS￿RE
NOTES TO THE ACCOUNTS
YEAR ENDED 31 AUGUST 2022
10
TANQIBLE ASS￿$
Flxturts,
ttirva* •nd
equipiwit
TrAal
As at 1 Seoember 2021
As at 31 August 2￿
13207
3,618,522
3 616 522
As at 1 Sèptenthr 2Q1
Charge ft>rthe yéar
As at 31 August 2tr22
10.151
764
10,151
Net Book V*u•
As at 31 AUg￿t 2021
3.603 315
As at 1 September 2022
3.eA)3.315
11
INVESTMEKf PROPERTIE8
La￿1 and
Ilthng•
Falr Value
As at 1 September 21r21
RovaluatKsn in y•8r
As at 31 August 2
417.1W2
The trustees detennine the fair of mv•strr*nt to be as shcth￿ in the flnancial state￿nI&
The Circurt has used a yofess￿naty qualfvd vabm to assist detem1￿t￿ of Ihe investm•nt
Should Investmènt Frfopert￿5 be reahsed. the Clr¢ut wll ￿VIeS to thè TMCP tsefr￿ receyt of sa
proceeds Is otlained.
12
DEBTORS
2022
Other deLrtors and prepayry*nts
Central Finance Board and TFUStees for
ethodist Chur¢h Pfoperty deposit5
33.542
fj2.335
585.879
13
CREDITORS DUE W￿H1N ONE YEAR
2021
Purchase *f1g
Olher credrtors and acm
20,684
48.052

NOTES TO THE ACCOUNTS
YEAR EMDED 31 AUGUST 2022
14
ANALYSIS OF CHARrrABLE FUMDS
Cwr•nt yMr.
Balanm at
31 AuguBt
2022
2021
Prcoerty
nd6
MTF
294.155
151,W
.870
{176,5
(80,C￿>
498,239
192.8tr2
1.1WJ61
1131 12
137,808
tl••lgnat•d luDd•
CF8 ccdnmitted fu
1.295.678
CFB- The Rdi8f FLmd
TMCP. Dethin Tntst
TMCP. Marshom Tn*t
ThICP. lawiel Broc*s
Th4CP. Kwnert
267
13
(4.173)
1.119
TMCP- Mp4
M8intenance
4,674
4.883
4.17
4.7042J)
57.8Ce

THE METHOI)IST CIRcuif OF GLOUCESTERSHIRE
NOTES TOTHE ACCOUMFS
YEAR ENDEO 31 AUGUST 2022
14
ANALYSIS OF CHARThA8LE FIJNDS {conOTru
Ba•n¢e at
10•ges and 31 Awust
2021
Bala￿ at
2020
151.4491
4,469.￿27
203 826
4 673 453
un￿strICted
4,377.7e6
1.284,057
{1.140.747)
513
Tot•1 unrejtrlc
1 140 747
513
1.284.￿0
{1.1410.7471
4.704,230
Tc*•l funds
4.560.617
15
ANALYSIS OF NET ASs￿s BETWEEN FUNDS
cirG￿t fufids afe tri:
Trt*l
fund•
funds
4,080.607
207.716
519,434
114,717
4,9r2,474
Tangible frxed ass
Cash at bank and in hand
UnTeStrK*tsd TMCP Funds
Roslnctéd TMCP Fwids and thr net ¢>Jffwft •ssets
4,080,e07
198.071
519,434
97.702
4.8￿,614
9,645
17,015
16
DESIONATED FUNDS
l)¢tats of deS￿nated funds we ¥s folthvs".
Plor￿nn9 Mmtsty
{Inn5wowth ProJei* Fund)
Forthe Supr￿ ofts DexNTr's th in IMs¥K¥th & Stone
MissN)n Bursary ISI
Lukes)
A bursary fund pnrrWri￿ for young going to do Christkqn mission work
overso8s. Sd up th*h funds the salo proceeds of St Luke's church in Gloueester.
As$esyT*rt Support
QLbinquonnial costs
FNthe Quinquenni81 Insp•rtKM)s of CJ"rcurt Manses and Church8s.
RekncatKJn IrerTTha16
reserve)
To co￿[ Costs of Minsters rewtry to the Cw(JJ
Committed Prcpds Fund To, rrAmty. fA)¥o the co*$ ol BUd￿l Support and mi5sional Lay Employn*
stipend Fund
Pre5umabty to supwt for mtst•is

THE IIIETHofxsT CIRCUIT OF ￿oUcESTERS
IIOTES TO THE ACCOUMrJ
YEAR ENDED 31 AUGUST 20f2
17
AESTRMD FUMDS
Th• R•lefFund
2022
Expiry date:
hkn 1 year
25.245
26,4(X)
23,6XI
17,0
OPERATIIKJ LEASES_ LESSEE
2022
2021
Ewry date".
Wth"n 1 yo•r
3.673
31

THE METHODIST CIRCUIT OF GLOVCESTER￿RE
NOTES TO THE ACCOUTr￿8
YEAR ENDED 31 AiI(XK8T
RELATED PARTY TRANSAcfioNS
Mini¥tefS
stip•nds and allowan￿$ for wostyters aThJ dtraeons IcLknty are s8t annually by the
Methodist C(snfeTen¢e, and the C¥uJ)t is fespons* ts m88tmg thc6e for 811 mw)tstef5 appowrted by
the Conferènce to Circu
Thè following ministws receprtl the ba￿ Sti￿d1£25.524 Cf TXO vknre •pPl￿ble}.
Revd John Heltyer
Rewd Amthew B¥Jgs
R*d Naomi Cooke
Rw'd Denrsa Hargrea￿S
Revd Rachel HoFe
R￿d Mthele IToland
Rèvd John lQn
R8Vd Rachd Leath
Rewd Dr John M¢Neill
(Suprinten￿)
(Dwty &perNrtendgrt1
(Part-time 0.5 FfE)
Deawi Sue Peat
Revd Noel Sharp
Revd Phth SumrT
Ra￿d w￿dY Tucker
R•Vd Jayne Webb
{Part-bme 0.33 FfE)
(Deputy Swrwtsndenti
Minister appowkn*rtswlh a part￿￿'r￿ stw)d' ba￿ app)HrtrY*rt Both arn Suwmum¢rary Ministers.
Rev'd Marbn Turner
Chelenh4m lth¥ddon) LEP
Revd Dav*J lQ'ng
Nth%*nt st Marfs LEP (From May 20181
rt fr￿1 R•/ds Kirrt and Sh￿. aH prov¥Jed fving ac£crf￿ as required by the thurch's
standing Orders. In addthn to th• bawc thpend. Sutwirt•ndent paid th• MethLwJtst Conferer*ce
standard super￿lend￿nt'S alnwance1£2592. or wo rata where applub￿l.
Othor minLSters are res￿￿rt n the Circul thfr purFO5es of Ihe Mdhodtst stat¥)ns, but n¢* in Cirr)Jit
appointmènts or ￿out apwirrtment Fnay alx* be members of Ihe Cwcurt Assemb￿ rf they notfy thè
Superintend•rt, but thj nrA ¥e¢ÈNe ￿T￿nt or ac¢£￿￿￿￿atiOn tr￿n the Circu¢ excW lor prea¢h#)g fees
and Tekted expens
Of the Local Pi8achers' representatN•S who ate members of thè Cwcuit Assembty. onty tr￿1 and other
expenses related to fulfilling their preaching appoinlmerts are paid.
32

THE METHODIST ¢IRcurr OF GL(MKESTER8MRE
NOT&8 TO THE ACCtXIMTS
YEAR ENDED 31 AUGUST 2022
es iThJK*ted.
Adrnlnl•tratort
chU￿h B••ad Worft•rn
Jule BvJ9J ++
Parttirm PAr4dy L88dw. Tellxvy13 I wL}
Clalr Pross•r

THE METIK)DIST CIRCUIT OF GLOiICESTERSHIRE
NOTES TO THE ACCOUNTS
YEAR ENDED 31 AUGusf 2022
APPENDIX 1.. LIST OF TRUSTEES 2021122
Note." Som T[￿lee5 are Trustees in ThKJrethan one cap*. but onty one vote per person is permlled.
Mlnl•ters:
Androw 8￿9$
John Heltyer"
John K
Sué Péat"
Wendy Tuc*
D•Tr￿ Hargr•av•s
Mthe1￿ Ireland.
John McNeill
Phl Summè
ynè Wetil"
Rac1￿ Hope
Rachel Leath
Nog1 Shgtp
Martin Tumer
mi•
Russ•18ukny (to
I￿￿hael Haine5
Lil Ledger
Col"n Pascoe lfr(¥n Mar ￿) Andv Ri(*ell
Le51ey Ward
hw Hain•s
Sue Peat
Pete Watt
(Plus asterisked mhiistws in thè wevbxts to, or had Part￿ulaT
respon5thditi8s on. tho Circub1 Ex￿ut￿o).
Addth"onal trust8as ¥w&111 cthw ¢tr¢uit olll¢ws. DtslrKt Syrtt)d repwntatNes, and a lay worker whLyn tho
Assembty aPpo￿rted as trustees on an ex offiuo basis. or tecause they v￿e urcubt off￿eTs vkno took up the
optpjn of t¢ing a tru*e and merrknr of the A55wrOty, {21 Supemumerary rnini5ters or ￿nisterS in olher
appoinknnenks ￿thiF} thè Cweurt took up thè 0￿ft of bèmg a truslèè #nd m•mbw of thtr Ass8nty.131
Church 0￿d representatNes,' and14) L(Kal Preacher ele(￿ representstNes. They are as folhThs".
appolnte•J In anr*h•r cwtyl:
John Bailey
Peter Gardner
Graham Marsh
Sue ClarkA
Salty Ham
Stuart Radlc¢d
Brian Coc
Celia Kyjd
Mike Haines
Jack￿ Morr
Lesley Ward
Lo Lédgèr
Kerth Long
Ken Bufgin
Jule BpJgs
(21 Supwnunw•ry arnT￿￿ {0thor in an¢Alw rol•l:
Diane D8jryTh￿d
Mawh"n Tur
Robbie Rbjde
Ceha KpJd

THE MEfHODIST CIRCUIT OF GLCXKESTERSH
YEAR ENDED 31 AU¢YJST 21)22
Inthrates tspwt yeao
P•ter Styth
Aylbwlon
Bai* Er#1
Bishop4 Ckn¥8
Chalfc*d Hil
Churttth
Al￿ Thoma$
CoaP*&y
Drybror
Chjrs
EnMI N(hm
Pam Ha￿01￿
Salty Hai
Ken Bww•
Fa¥tsd
M*e Hav￿
P8t•r Hilb8r
l Tu¢*er
RK*wd Cl•ke *
M*A*n Trwjg *
c￿1$ L•
Lyrth Kear
edge
Tetbury
P*K?a Turrnr*
Juh M•y *
Trevor UFts>
Reg Clwka
35

THE M￿HOulST CIRCUIT OF GLOUCESTERSfrTrE
NOTES TO THE ACCOUNTS
YEAR ENDED 31 AUGUST 2022
APPENDIX 1: UST OF TRUSTEES 202(¥211(xMrfinued)
141 Local Pr•*h•Y ete(*ed Repre￿￿ (up 10 Trxnln••ts • allowod) (¢Aher than Truste
1190 app￿nted in anothw c4p*#tyl.
PoterAIsopp
Adek Gamer
John BeN
Nel (knian
Ann Pearc8