The Methodist Circuit of Gloucestershire Registered Charéty No. 1136205 Annual Report and Financial Statements for the Year ended 31 August 2023
THE METTrIOOIST CIRciirr OF GLOUCESTERSHIRE ANNUAL REPORT AND FINANCIAL STATEMEIITS YEAR ENDED 31 AUGUST 2023 INOEX 3-16 Audilorfs report 16-18 19 CirDJit th081 21
ANNUAL REPORT AND FINANCIAL STATEIIENTS YEAR ENDED 31 AUGUST 2023 TRUSTEES trlee$ are Ihg mernL of A5$y. AeTh1x I Ix¥rtains a fiAI list of CIRCUIT EXECLfnvE Rev'd John Hely Rewd Ireland De surinteent Mini5t8r (from Sep'201 & Leamiro & CariThJ Portl01> {frcfft May'20) DeFW Superirrter¥J8nt Minisr lfrom Sep'201 R8v'd Jayne Webb R8v'd Joth K4cNe• De&on Sue Peat Pete Watt Suz Jon•s MISS PortfrAKJ Ifnyn Sep'201 (from s.21) If¥n Sep'221 Sw'4 & Climate knlfjce (frun 141ay'22} {frn May'22} (Irrmn Sep'201 Ilrcmn Sep'201 Ilrrfv Sep'201 I1¥ Sep'20) IIIL¥n Sep'20) Arthur H8WS MKknel Haines Liz Ledger Lesley Ward CirDJrt stewa Circuit Steward CirLatit Sleward Mt Stoward CIRCUIT OFHCE HOLDERS Pete Watt Pcthlm) H(Idef & CirtrJM TrUrer A"Stant CirDJit Tr8a5urw Leamlng & 1v PoFIfrAJ R8v'd Mthle Irelarvj Lkneon Sue Peat Karen Burrbjge PelerAIs Deborah Lorg Rev'd Sluart Ra11c¥d sVia Munns Worship Taskforce Convener Worship Taskforce Secretsry Cwcuit MWIB Chaii PtkA Hokjer Ilo May'221 PcffttC1 Hokjer Ifrun May'221 in Pascoe &Je W(Kthward Saly H1 Jthn Ba Lgad Manse CcInat0r Put1 Hcl•r Interarfh Officer Pull Issu85 Off Lli58blty A(Ser Socaai Ju51ice Offi Climate JuslKe Offi EDI (Equalty. Dwsty and Indus} Vacant Vacant Jthn lT Vaurt
THE IIIETHODIST CIRCIM OF GLOUCESTERSHIPE ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 Ai•GUST 2023 REFERENCE AND ADMINISTrATive DETAILS THE CHAiirrY. rTS TRUSTEES AND ADVISORS lcontinuedl R4f'd John H8ty Loadws. Meeorg Selary LI Pre&rs. Tra)irKJ GTOUP Convener ar¥J Lead Tutor n Pgarc? CIRCUIT OFFICE AUDFfoFiS Slaverton Crt ckne GLS1 OUX BANKERS INVESTMENT KWGERS 9 8tyihdl Slreel ECZA 4PE REGISTERED CHARITY 1136205
ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2023 TRUSTEES. REPORT STrUCTURE, GOVERNANCE & IAANAGEMENT Th& M8thc#jl Circilt ol Gkacester5hire is Fwt (A thg Iknth(Ytst Chwr In Bntain. consbttrt•J n(1gr the Methcxyist Church 1976 aThJ a Deed aThJ is govemEd by The CL¥tstuti(Mal PraLlce and Ch"SC4F4ine of th8 Methfxlisi CIKJr¢h. CiroML int I S¢pinbw 21J)8. was register1 as a ¥&7lh rthjmtw 11365J5 on 4 J¥Th 2010. APPOINTMEKf OF TRUSTEES tho Cirojit N18eting 01herw known 88 the Cycuit Assemtty and Ihereffiye tnjstees (subject to those ministers who do not hcJ pastrd re¥w6iblty tmlhin Ihe Cirtyjst tityj SupEnntevwJent L4 I"r Lay ¥A)th8FS are m8mtws ol th6 Meth(#tst Church awj smk)y8d in the Cvc#Jht may aso bè The fc41crQ a ex mamb8ts of the Cwr#Jit AssemW'. ts ryrrajit stewards. rircurt porttdKJ trjkjers (Finance, Learning & CariThJ, MissKm. Pewsonnd. Property, Clim8le Jw8ticel. CAhei aprx)inted orojit ofker5 Ilor exrW8, lh8 $8189u¥dirwJ offi(w. the arriv6ts. et.) rroy aso be monknts oftho Cirtsit Ass¢mL4y rf th•y eh(xJ5e to b8. Al rxwil ewwd5 c¥oJrt offKws a sub1 to awxthnt and Addilionally, 98th church is anrwly to tlwEe rePtaINe5 to Ihe AssemtAy (lU1Y a chUh steward Ih6 Cth¢h IreasW F4u5 ¢Th 0th8rl. Th8 Lrtsl Praxh8rs' and Wryship Leafjers. Meebng ts ents"lJ&Y nualty to nominate up to ten of its Fr llThgLKli ts seryelwy and Ihe wwen of the I( pwchw trdining group whK) are ex Offic members of the A8S8nAyl. 8 partcJJar itern 15 b8w dis$$& nw vots c¥) any tsgje. The lotal mwnkmship ofthe Asswmtty that s8Nod duriwvJ th8 2022.23 yearwa¥ 10818ge 11. TRUSTEE RE¢RufThi. INDUCTION & TRAINING As (wJUined alx)ve, the appJinlrnent of Ih8 1lty of the rrembershio ol the AswkAy is c¥Jnln4 of meèting &dance wilh ts Me1y1st CtHJrr's Ccmstriubcffial Pra(c Di%cik4inel. In appoinb'ry circui di0 hrkn aTrJ other officws meeb"NJ seeks to fit tr partiLJdar gifts awKI 5kill5 of an appoint88 to lh8 n18 of th8 that is 4rj fled to athwe the best baance of grfts The Asswntty mst thr88 2022.23 lin Septenw. Klarth. aThJ May). To 8nab18 The ClrtsJit ExtculN&, apF4Jinled by ts Ciwxmi Assemtty. ntyw the Surinternt, presWer3 8ppcxnted as ¢Jewb"es. fMe of wlv)m ts a pOrtIL4 hjder. awthr presbyter 818Ct8d by the staff rn081bThJ', fve orc4Jil sle¥vards. or of Is a I, and fr [rre hclders. The Ex8te rnet seven c(as¥ in 2022.23 S8Pt8mb8r. kneAnber, Oecwnber, Febwary. Ap. May. The Executive acts on tehalf of the Cirumi AsserntAy ¥&then rirrtsmstswx so diclate and b.[$ ts sponsibilty fL¥ Ihe c1Urt'S mKwon straw.. the mirysth: the athnission of peOe to Ihe c*d8ingJ mini8ty.
THE MEfHODIST CIRC OF GLOU¢E8TER8HIRE ANNUAL REPORT ANO FINANCIAL STATEME14TS YEAR EP4DED 31 AUGUST 2Q23 leadership and wilhin the CiroJit OJI arg Sat in the StsndMwJ (kn of the chu are lo be fwnd in Th& CCfflstslubJ Prxti¢e and Dix¥4ine Of Klettv)J"sl Churc Clr¢utt ¢hwchM: (Nole.. desh3naJcfi for LC Ecumenkal PwtrwrsW EpS)- NW•thothsi Wh¢anlCthurth of ETh3land. Ably. (LEP- & M. U, 81 Apporfey B8il8y Lang EThJ +kty Trirty ILEP-A MI Ayltsjrton cnham. 8elhesda ChethaM. WhJdc•). St MKl's WEP-A MI Chdtethm. Sl Mart's Churchdown Ciren¢ester. Ashcroft ILEP- M, UI Coalway Dursley ¢6sler, Bartc•) Slroet Gtoucesler. St John. Nailsworth, Chn5t Churth ILEP-B,M.U} Plowl R8ndMc, SL John th8 8Wt (LEMUI Skffithuse Tetbury. CW Ctsjrth ILEP- M.UI Fairforyj ILEP- C, M} NeEnL St (LE KM) ScAJth ILEP- M.CI str. St Alb.$ ILEP- A MI WcthTrUThJ8rW [LEP.U) cl8sse8 of Chehenham, Bethesd8, fi1)tert is a das8 of Glouwter. St kthrtr's. Hthing Continues to se its church trMJikliro. (The conslitt PraclK a1 Diso"rAir of ihe m8thlIst Churc dgs¢ribes tho plUre that 1$ to bg foM(M8d a IrKzJ rurch has insuffi(aw)t memws lo fcm a Church CourKI. The remainin9 members can I be crmsbtttsd as a dass of Motl¥yJ$t chwth of suffiixnt sz• ereby the Church cr1 aThJ pa Crtte& are atlo kn Jeake ¢MrsvJhl ol the membe who fomi the dass.) Th8 Cirojft eTrJeavour5 to mairrtain, and rthry8w rdri(M hdp to rnan•Je risk. safety,. and the ernk4oymwl of Tne1 kne wkry. Vulrate adults.. each thr¢h has its saf&JuardiThJ officu. The oroJii SaIal) offlcer wJanises an active and trainiThJ pwramme for all lJv)se church oifKe demarvts trainirvJ u[rt3ken,. 8nsure5 ttTrat appmpriat8 Fdic, <8, aTrJ d8daratV are in plac or cl>tan8d at CirCL levd,. Ikqi58s with extem81 safeguar(h' aulho as r(sry K1 thi588 churches as required. ITh8 amual rwt of th8 Ca11 safeguardir¥J app¢arn LthAt
THE METHODIST CIRCUTh OF GLOUCESTERSHnE ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2023 We ara comrnitted to eVg that the amual of firwt can t m81 In the maln frL¥YJ lettwy aNI Irterest). pay iweased assessments, Ihe trustetrs at its rrtiTrj in Sept 2021 apwovad a prLXS to r•Juc8 appointingkhatv¥ng ta) take over 8hles [rthS>. The rwluLton in wesbyterial stsff rwr6 thal manses bec(¥))e av818ble tor $818 SJly so¥rn of wr ha h•J to ()se. When this happgrts. tha Man1Th3 4. TrE ctsrity (Xth"n k) the dmKEh dwleryirg linK8s. use of By funding or pwt turthJ as supwi to dMjrd Vrtre their d. By pr(wK1w ftr)arKyal WPFrfxi w9 have drffujty th) meelw¥J their CHAIIITABLE OBJECTIVES ANO PRINCIPAL ACTirES purF£6es. (Irth$ an¢J r¥0visKS of th8 C5lu110nal Prth ¥1 Dw"[4[r ol M8lhcJist ChUh. Th8 Circurt seeks to INe (¥Jt Ihe callry the MellKAIi8t Cmjrch SLwnma1i Ihu5." Tr rAlng cl th• M8trJkst Clrth i¥ lo tr) ts Go¥d of (knfs lo in Christ 8rKI to li iLs dixitAeship aNJ missth. c113. aim.. • To hdp rffjorAe grryw and leam as ClIarts thrDugh muiud SUpt aThJ Lxe.. • To be a grKxl n•ghlxwrto tLAg in n8ed to 1ryusli. The Circuit enccJrag4s sJJppJrts the thrthes rt in the provisK¥) of rewlar pULl of worship open ¢0 members and r¥NMemberS k8.. the provtsw of space and Corttemation,. the teaching and sharing ol Chrisbanity throty3h SernK. ¢(se$ )d small groy., FsIral work,. the prcwision of oppc¥bJnth85 for YMship, 188th"rg. feltrwsNp a)d inter-actbjn for al 899$ gendws.. the support of irrfj lo the chur¢hl¢(mmunity interfac, aThl ulertakry aThY l.n9 the CoJit'S eThY88vour5 sn accmlarKe ts rntssi Sh r8vi8w5 wwe re• impebjs wilh Ihe by Ihe circu AstrAY in Marth 2021 of a relr8sh8d Miss#)n Pdicy Plan ¥J#ntit w¥Jnb85 for acti1 to b8
THE METfrIODIST CIRcifff OF OLOUCESTERSHIRE ANNUAL REPORT AND FINANCIAL sfATEAIEpirs YEAR eNDeD 31 AUGUST 2023 MISSION POLICY peorle aThJ r&styJ$. wJ to aTrJ guwJ8 I1 thr mts%"on anti ministy. Wi)rk and consultation lo d8vdop frJrth8r inFleI Ihe Crlt'S and stsatogy Ic portfrAio bn ts Miwrffi Poky aThJ Plan. Thu3 Ihg QrcAJiYs rntss ploY é knteThled to wkle:_ Var of wrnica parlnwshipsx th8 bxobon arid rna1nn of trE manses" the financ4 atrlity to und7 ar¥J hJbJe sFalk Wr¥ts that MISSION PLAN Methodisls bethe that. AJI peoFAe Can be a¢hj by rknj's grnce. fy discweshw. Our rnason for bolng We aro c4lled to be to to a slg). 4vlts)•ss, fc¥olasi• hiDM?rrt of Gc41's in lh8 lrfe of the wortd, so our Irf8 trNJelher is thrthip aTrJ mission and (xfftmthj to sharn)g (knd Nès. Wo So, in fidfling GcJ's rrMswi aNI ewt to: sw>pt Our guldlno prkn¢lpl•• I we do is shaFed by Ih8 C3)mmn8nt io be to Grw valu85 to th justre. love mercy ar¥J Walk humt4y wilh God wk through Je5U5 CIwi5t arwj Ih8 of th8 Hdy SF*'rit pr8S8nt and &tNe in I
THE MN0D1sT CIRcINf OF GLou¢esT&9Str ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2023 So. awre to be a c1t trt is: (lob81ty aware valrg ofw811 b81 taka nsks What we ffryn 202110 2026." Tc¥J8ther 8$ 8 Cirwrt aThJ as Loc41 Churches. wicts and rA be al¥J)ed C&thg and missicffi aThJ nwnisby that ¥AI make t48r to QYKwtr and de¥tk¥) next thr88 y8ar¥. The Clrcurt M6sswJn Flan sets"diredion of tr8vef. Loca Churtls e iri to devek)p wl¥ual mission plans blat are apyrowiate to thr TW t1 be Cc¥16T9J %then makiThJ d8usions atrx)ul $taffiThJ aNI rnak¥'TrJ grtt Whern a L¢x4 Churth is woblo to dweky a mi55iDn can for on wyship. pa5tLfdl ¢are. and suppc Eac is inteFKknI to help ts .1t rts el¥Jth fL>J5 time and over the next fve grtsJp5 that want to take iniliatsbw Ihat I1d tlse prbaS. It k% healthier for Chu to cwKenlrate on few IIwThJ5 wdj rather than to th) too rnh. so n Churthes in rn1W1 planNng Ihat suitsd to I1 rJJntex¢ I set of targets lo be 8chiev&J or a list to be trked. mis8 and ministy are exw¢is•d by CIwis11a in tsr as wel as Ir s•rvic• thwh Ihg Chvrch. Some prio¥ibes may survNt iThJwkJual ¢tso"s. other5 Local Churc1 and other5 be undertaken uiNquety best by CIrlig[0up in the lrfe in Ih8 CiruML inbrA¥r dThYrWJ Ilot need kn be VWJr in ow ojllure so Ihal they inform everylhirvJ ergaje in. Le•ming and Carlry Chddren'8 arxl Ywth Mry Mis¥•¢>n Digit rninBty and Switudty New Places kn New PearAe. Church at ts Margir Soclal and Cllm•t• Justk• Equalty DNerW and Climate EnwarKy. Pw•onnd Imlnlstry)
THE MEfHOOIST CIR¢iKf OF GLOUCESTERSHIRE ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2023 ACHEVEMENT AND PERFORIAANCE fhjrsley. (knter. Teostwry & Cllaltertharn. and For851 cl Dean Uelknthst CinJiL8. ll¥l$l¥ lat the outset of the 2022-23 finanfial yearl thity4wr church8s thr8e das89s of (thrrkn. The Cirojit responslt4e for r8isThJ Ihe stilS aThJ 8tt8ndart crnts of its min1 st8ff. The Circuiys churL85 ecwwical 017RM¥ts kiThls, h"nkirvJ thB Baptist Clturth, Church af the Crryregatic FetsrnItt. and thè United Rellj Churth. Two cl th8S8 thurthes . Chistthtwth. Atthydale IGI(wJcester}. a Lcd Ecumen1 Parlnew5hip - aThJ Chnst Churth, Nailsworth, a LOCJ Ecumernca Partn1) . vh)s8 illdeS a sbjnffiranl of M81hodists. apront and h(KJse their (vwn nmnisrets. 15t in se¥eral cllhe Other LEPS, mini81ry 18 share(1 The Circuit ks ricfty dN•rse SLKx4tiJicvAy trty. wilh cmjrths serry ¢Jty cent. ifw uty. subJrban. town. vlaJe, and harn18t locali0 Styes yship wary se¥eryd thjrCl experint Th8 CcJJif as a a1 Ih eath fjts thjrthes has cLN7tinuj to seek fthfvly to and ils thrthes. Owwtai tth)10gy has been wyjety used to sustain these 1Villa5. Thrwh Ihe d8plownl cl suptx)rt together wth the wtyng prw5x)n of safeguardiJ, past(xo1 aThJ traIrng Circuit has Further d8tails of th8 cj8 ermle8Jrs are detailwj Portlollo R•pts s41 ¢yJt behyw (th• Finan PortfdK) 15 latw urKler'Flfy?n R•vl•w'l. SUPERIIITENOEp¥fs PORTFOLM) In Juty 2023 Dentse Hwgwves left tij11 to tske up 0th8r 513lTrJn th8 ¢1&Xir. In line th the agtewj ur¢JJit 5taffir¥J Flan, her rc48 in lh8 Fry8St Th)1 re[Ad Revd Mkll Ire18nd to¢ pastry4 respwsbdty for the seven MetlK¥thst Churth in Ih8 Forest of Daan. In rew3nthM of new full time lay apFKyntmI wras cr8al•J arNJ a gJcc•ssful 8pwnlm8nt Wa5 m•J8. in Glouc8¥ter Cty Cth and ¢kvdcy"ThJ relal aNI so Fkn to Ihe ChanCY leam cl the UThvtrsty tafflF4 in a r4)rngte St John's Ncthgate in Ihe oty oucestsr. Circufftl L8y SI8ffiry to wr underslandry of the way in vthrh c1 caks to mintsty in the lrfe of lh8 world. ImF4ernentiThJ decisKJn5 Ih8 circut Slaffi th& derkJywrI of lay wthets had been drfficyjlt in the prevb>J5 year. A revk8w of Ihe and of emrJyrrwl of W ykers kny to greater swcoss recrurtirvJ for app(nknerbts. UnforbJwl. pvson rEsyd after a few wyoks havirvJ that rde was not nL The rg(xu11 of a ther Q"fWKeStw. A$ft has delayed the cfyJt¢h r81hir*s rt ILrtur•. One mwnber of staff was on Icry twm leabt ty mh of ts year. WWI to Ihe rted to scale ba ttenb¢)n to nFYrn8nl arKt matter¥ rd8b'ThJ to Ihg 8819 WKI wrthase of PTwerty.
ANNUAL REPORT AND FINANCIAL STATEMEIUS YEAR ENDED 31 AUGUST 2023 a1 tyjr ackn.kn up lo 2026. ThB ch8knJe conlinua5 to be Ihat lh8 Flan 15 OWnj embethjed Into the ttInn9 of ts thurcaps in Ctti We wll so b) ertsure Ihat it infixms and shape6 the vrk of Patt8rrffj of TrAxwship are tkjrirg ts year we recwi•&l nJ to resourr peorAe in off¢r opwjrtrjnty lor uB8iNe approth that r8118Ct Iha context of the dmych. In rrfship we aspire to skil. cc•nmitsment aThJ whKh Ihey seF¥e th8 CiruML Wthxrt th8se FeLW8 the clEt wcdd not b8 8tAg to (kn its th l also want tr) thank mwthsters and * eT$ t•tK• hab ai been a d&"ght to seNe LEARNING & CARING PORTFOLIO Twts meeb.ngs to( p4a centred on area5- on wuship and on the mearing rnember5 uTrJ8rtake. suFer¥i5ln trairMTrJ has also been undertaken by mwntws of staff to. A r8tre8t was held with'oJntwnr4ab¥E ffnisby' as the Ihen. LeamwrfJ Network of the MethL¥Jist Cl¥Jrch has gi xce5S to 8 fijrther range of tr8inin9 and lèaming opportunitigs off8Trd by memb5 01 Ih8 conrxk)nal learn. The rwjantsabon ol Ihe Netwwk is bdng changed. therefor& ttNs FI8C8 will ro Ic¥er b8 rgquired. HVer ts N&IWck cothue to advertise ovonts and trdiniTrJ Ihal 15 Ihen pronKA&l IhrW wr w$heller. In th8 year 2022.2023 there have ten •iti"nY aNI UrajiNj missKJn fLU5S8d iniliatW8S 8L¥C68 Ihe CiroAL A Thjnknr ol curctss haw er¥JapJ wilh Churth. and it ha5 b88n 8 joy lo celetate the awa$ receNed by cl¥Jrch85 from A Rccha U tt has $0 been very el(J1ThJ to see appjmted to thirthes to eng&Je Missi lh8 recruitment PrnC85s of emF4oyiThJ a lay kOr. The Warn Spgc8 inkn'aiwe was very lor many (thurcW in circu &"rDJrt lunding was made avadat48 to any thurth to w their tMJJw kn a Wam Space. of hava eontinu8d for mission. W? hav8 madg gd w of Ih8 RerC1j miss vidK6 many thurches have fdt a renewed s•ns• ol puww59 8rMI enlkwJ5iasm. Thar8 wg. of Ixwrw. ottv churth ts th)rn fvs last year
THE MeThoDIST CIRcufT OF GLOUCESTERSHIRE ANNUAL REPORT AND FINANCIAL STATEMENTS YeAR ENDED 31 AUGUST 2023 PERSONNEL PORTFOUO 10.5 full.b"me Ulalent Th¥nk8ters r17r9 Ihe sb"pernl prewbed by Ihe Melholthst crfence for that year. Tw) ofthe sUpeffluMaeS not pmid stiFwM1$. At eThJ year. Ihe drDJll farewell lo Rewd Deni5t H8rwJrèav•s. nMwiNJ to 8 (1jj11 Ilw(xW thts static¥irwJ Fwcess 8t Ihe &)d h8r tenn of apw)intmenL 8 representative from e• thurth tTrther wlh a Nrnbgr of ex m8mb8r5. A DislrKI tr8inirvJ s8SSC on the Sla1x1 kryess was arrwJ•1 k48Y tty the CAstrict Lay Ststionir¥J reWe5tiVe(the sIn'd of thtityirKJ un¢cv)scKwJs t¥as In dec nknJ. BPP0lntrnt in Ihe Cirojit 15 ¢kn ID gnd in 2024. prestrfvs wwJtst¥J IW Mshed to te 1$MIere 8n 8XieOn rrf th'r tim8 in this ciramf for three yew5 and Or tor a fill fvo yea, frorn Seplember 2024. Mernbgrs of Ihe Ciromi IN1ti CorrwnFtt88 WErB irrforrn of thg (¥jIcL of Ih8s8 1Mment Iwal churthes and other aS of the pr85Wer5' th in th8 comrnurNty. Th8 CirDJrt 5nvilation CLvnmitt tnet Imrtuawyl to considw the offws of &¥1$1 the re¥ ol thosa wnsUltl. Both offers been very wanyty received. The oynmthe unarm(S reC¥nMed lo CirrAJit A%sembty acceptan 20231. OPFKybJnty. For 2022.23 the QrcLMt was Ihe nam1 ofseven wrker F1)n8... Two part.ty"n administrat(rfs. se is kK&Bed primwdy fin8rKe aFKI Ihg 0th geneol adminkstra1. a swifwt rA HFL Their ITh rnany rs th8 Superintwthnt. TrJ further lay wrffker a [lIng lay wo¥er in thè FL¥est Lrf Dean and a part lime Chldw and Family t)rker. e¥alAlsld year wih rec¥uW urthww8y for LM8C$M8n1 In September2023. Each ol Ihese ky )rkerS has a Mala sutwl cLYnprisiThJ nyntrms of the lcd churth and a rpr•santslw• ofthe Qrcjjit Assemt4y. kn ann repyl ol the of wyker is $ubmitted thw grpS to Ihe Civrt As$8rntty. by the CIrit A8S8mt4y. The Cirlt wntinues to to rA 8 Pgrt4wn8 Iwne at Umwsity to The rnse stewarth have otinl to Ihe inrfid Ilmrteen mar$ of the Clrojit. With the reducthffj in m1nister1 wmbws. 10 hav8 b88n cw8d ar¥J on8, UJrr [t &"ruJit staffing, has again teen let on a assured tewcy. llrrwJI mènses nam8ly 120 Huctjocote Rogd arml 5 1fi0kl Road have teen sdd. Cwr¥it wains gratehd for Ihe oJnsid8rthe tim& and effort 8xpeTrJ8d by ttram of manse stthvards led by S4y Hal in reSplIJ to urggnl prorrt¥ rwrs and ensurir¥J the martses a suikw Ma¢nts1Y as for wr ministe The CiTlt grateftrf to Ihe fve bJii81 Wnd slthvarts the cmjltkn of tho CiroMf8 retsined 1118[ grrAd5 at El, HTrJh Le&kn. K•merkn. Oaknty LyNth aTrJ Ran
THE METHOOIST ¢IRCiIT OF GLOUCESTERSH ANNUAL REPORT AND FINANCIAL STATEMENT5 YEAR ENDED 31 AUGUST 2023 Unfortunatdy. to the dedir in ¢L¥VJBythI ThJmb8ts a¥J usè b8iny knjrwj for th8m. th nancial yoar has rnquifed s•varal ol tyjr Chwch8S to be srAd. Th8 5th of EasFW and WLthston Churches was CCfflF48ted. Buyer5 for BFwtirnt. cltyd Hkl H¥twy Clrd hav8 b8en lound 8nd Ihe5e 5a88 8re enIty pw4re&8irg. process of sdtsng the Churth tik)"rd. Th"s s ts beiThJ mawed by thw"r Chuth CL)u1. Th8 GI0eSI5hlr8 M8IIK#Jist Circurt has rthi be8n the Churth Q"rrAJit award by ArrKkn. eT 15 dKJrches in the CYuJrt a ¥Nd¥ed in IhE Eco Cl¥JTth award 5theme. Bethesda achpved the first Eo) Chwch avrnfd fc CirrJJit aThJ hava ten sharing Ihsir 9J¢$S and Ivice ecAJThnK4ly. Sd¥er Eco Churth have also en achievj by Sl Mths. Asheroft CÈncester and NailsY)rth. The SCJ leam (tiThJe to offer $UPF èxwtise lo d¥Jrch85 in oth to athi8ve the nexi stages ol tsir E¢0 Clwjrch avrdrds. The CircJJrt's Social and Climate Justice leam have mel quartewty. SUeS d01$1 dwiro the year inr4le SUPFL¥tirKJ As Seeker5 & Relug885 in th8 {rnty. Wann Wdrx)m8 Sp8C8$ 8Th1 Indusive ¢urth. Also corn5 over '&¥88n w8shry' ty cnty tAaftnws. acticw aimate kb"(•) ralies Ihxakty & Wam Spa(s. Eco Church and ermrnitrts to SLWXt carili8S. S(Kial Justice i5suos. The QrDJit Farto)k pag8 umtinu8s trj be a Vu3Ae t(KA in tMrKTh)¥ng th8se evenis TOS5 the Cirotht as as through the Ciniit retter. We en¢wrage all ¢Ir¢he$ to share the gXKJ news storns of action5 taken io ¢amrogn and fvndraise dimate jusb"ce. Local ecumenital n81wths are a150 a 91 swr¢e of inl(mlKi and wralm 1Thla Grn6n Chn"stian and lh• oucester3hire Churches Environm4 kntice Nek. Whi15t team i% well sw1. there a rojrrknr of in pgrwrnl unfiled wilhin the S(tial and Cbmate Justice Tearn. Equahty. Di¥8ty {EOII is rnarthtryy tr stalf and stewards wilh tlin trainiThJ in Par5r trairThJ Offer1. CIRcurr SAFEGUAROW4G OFHCER'S REPORT Th8 GIouwtwsf¥" Mfrkn)dist CirrJJii is committed to car8 nurfur8 of. arbj t8SFecthA pasirKal ministy th. all childn. ycwJ people aThJ &Jults,' s8Juardir0 and [KrrteC all thiKknn, ywng peOe and aduM5 they are 1rrable.' estatrAi8ling safe. carirg (x)mmLM)ibes. Kovxle kniing environments vther8 Ih8re 15 inforn viglw as to ts dwefs of )use'. The Circurt frjlows dosely the -SafegualIng Po4icy, Prct8dur8s and GuhJdi of Kleth(Kltsl Chwth in Bntw"n" Iukwjated Juty 20231. The CiroJit Assemt4y revie% the CircAJii Safeguardir¥J PLY 21sl May 2023. The Churth Saf8guordiro Offirws met cm kn June 20 to re the IrryleM Lrf th8 Meth&list prAicy, Pfc¢edures and GuthrKe the cl11 and to l each ChCh SafeguardÈrMJ Officer lo cary a sell-evaluat•)n a•Jtt aThl to mak& thair annual saf8gLHrdiThJ rep to thw'r Church Cora1. Tr Cirwl Saf8gu8rdiThJ Officer ffkes iegdar ieptyts to lh8 CiTrt Ex8athe aThJ lo Cwoil Aswntty Church. The CiTuJit and Cl¥Jrth mainlain a datab of DBS aThJ training rec$ of am vcAuntaots. The Cirojit SafeguardiryJ oifKx $8$ with ts &istc4 otstt Safegu&dTh3 Offlcer ther èxtefnal saf£guardirvJ aufvrilie& as rjecessary. li
THE METHOI)IST CIRCUTh OF GLOUCESTERSHIRE ANNUAL REpoKf AND FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2023 fOutation level. The Sth Melkdist LeamirvJ Nek 981)iSeS &Yvwced ltt¥d training and the CirDJit [¥IeS Fwndatian S8f•3uardiTrJ trainirvJ its ¥c4unlgers. CwraJ"t Ihts year has tsawd 76 vduntee FINANCIAL REVIEW Thè Charity is in a grxxl fin8VKi pJ5ibC 8ThJ rw r5YeI swwre for Ihe n&xt 12 months and into Ihe coming yèars prgvxyJ5 S8cIK>n'Finan¢xai Vkqtrty.). Our Re8wvo8 PrAy Ibeknwl relates to wr gewa (unles1ted) Iwxts 8rn frvety awl48 to u8•J for any 41 purrJses ol the CircxJiL fjher f$ a dso irxluthd kn Ihe sake of darity openn85s aTr to show that Ihe has a Ihe of al its mLThy [t those which arg defined FIn¢0 Alm• Our alm is twMok1.. To S[ aTrJ SLBt•n the Cirawfs biatslty fiJbMe. To gwe reassurarK8 ID the that the CiruL 4h Is a charfty. hrKI5 bj use all of ey cA)ng into its Ca for oSe$ oftr Chaity. PrIn Fundlng S¢xw ciroJFt church88. as set wt by Stsndry Trdw5. To suFyJrt ¢yJr MIOn th, •lthonal ftjrnlirg r)yS frrm extern swrc6s form of grants. rg18te to a Spfr aThJ ts a h"mrted peTr)d of b"rY. Counul. We understand the reQuirnets )der dnty wlati(S to di5dD5e ow wwofvement in fundraising. Charity not 98nèAte fuTrJs frun (nrIal8CIl8s th8rrtat4e acths otsr than #J8ntthed Assessn IrFTh kyl1 eath chur¢h in Ihe Cwrxjitl twovJe the maTryty lover of the C1u9 incorne lexdwling r0very crf lay [4011t sry cxbsts thffh grants arvj thU¥dl. A CirDJ Finan Support <>oup asts the orojil tffjasuror awslant IyBa5ur8r in rTh)nttLThJ arKI r8vBwiThJ the The orryJrt aSsesSryt ts miew&J 8nrxwly am1 cjjvets the casts of lx of Prlry. Th9 nurnber of rnwntws in eath churr. The aJrTwl s[115 (il erf. (Nl . lill ) drffiujty, has been offered thrnJgh an assÈssm•rf le1 grant cr other avalail& fuTrts. Financbal supw for church85 be continu8d wh8fe awwial8. Grants OUT . Thrnugh the Mcthl Trust Furxl IhffFI awKI other fLw¥ts. WWB madB avalaile a&%•55m $vpp(wt tOling £55.0(K). The MTF. and olher orwrt fvtThts. 4s0 used Io SUPF#Yt ts outreath worker5 as as exwyth.
THE 0D1ST CIRcuif OF GLOUCESTERSHIIE ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDEO 31 AUGUST 2023 Grants durirwj ts yew • £10,SS5 ithwdrds Net Zen) CJTied oul by crrI5 • £5.(MXJ to suwort Ihe prOVtsK Lrf knmi 4)os" by thu • £35.254 tMfds lh8 TVwk8S Wdc3)me s prr¥wA In ajditi.on a vc4untary t1K>n of £25,(KXI was m to the Klelhc¥Jist Ministers, Perric Scheme an¢J the Pen&on a1 Assur Scheme tr Lay EmF4oyees of the melt1 Chur¢J). &mlar LY)nthbutions afe due to be made in eath of thg )ats. ki maktt a iota in line Ihe rBqu8St frun IhB 2021 Financial alMry 2022Q3 X121r12 673,S56 184,6481 6t,574 462,2C 725.218 33.414 77.455 459.649 PropertyIlnveslnnt Total 1.112.682 1295,736 rninisters rrther slaff aThJ ts malntenarre ofthe rnanse&. The tytsts the year wer8: 2021122 StaffiNJ Mae a)sts Prop&rty I chwch grants DsstsKI I URC I Ccry. F8deAIkn Costs DAF 18Vy 524,087 44.816 61.383 165.164 28.942 129,181 144,179 25.C4XI 1.122.752 635.041 72.844 18,169 166.568 13,312 66,931 137.435 25,(KM) 1.13S300 ne%iona on Sath of Church&8 Total t4ot nMsvomBnt kn fund• bofor• uMMlld plns: Id81klt) l •urpl {10,070) 160.436 FUNDS fvnds held by th• ehty are detsilgd in rXe 14 to the sale of ch8FeL8, manses and other F¥opwty. kn leg81 fees a oynpthry levy to Connexic¥bal Prwrty F¢11 ICPFI No ¥y is charwl th8 first £20.CKJ). and t 20% on any excess 0r £20,CQO up to £1C,(J. and 40% cw) any OXLW (y4er £1[.£(). Th8 MTF is eStrted in its nabjre. bT¥J avaiw tr al melt Tntst t. The M(MJel TrLk81 Fvnd is by the CirDJit fDf 8 vwiety of miwrffi. mir#sty pitwty prDJecL5. A compu15ry annual levy Ibas•# on the year-91 tsalan of the FU1) Iransfers furwts to Ih8 Brislol Ok$trt to b& mad8 aVailae by Ihe thstrtl by way of grants in reSA of rw inthlwes in m1[ 8rKI mni5ty. This taken rm 11912022 was £13.312. On th8 basis of the brte at 311V23, th9 trj b8 Ikn rffi 119r23 wdl be £28.942. 2021rA2 MTF at 31 Awt 1498 170 502,554 ljlaln MTF Movomonts: -
THE MEnioDIST CIRCUff OF GLOUCESTERSHIRE ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDEO 31 AiIGUST 2023 RESERVES POUCY As at 31 August 2023 lh8 had the fiMKI5: Iseg Not8 14 to the FInCl Stalwnwts for det ol lunts lkl) 2022rn3 2021r22 Restitied Designated Unrestricted Imans& prUperti + ftX8d assets). Unrestricted and othw51 27.393 126.505 3.173.472 1.645.034 124,366 4.080.607 S.841 TotalFund 4911404 4.921474 i8 recognised that of Minim¢Jm Reserves ¢s set to Cfmr the uJ5ts of Ihe Circxit Imainty ministerslstaff costsl in ts event of a sudden dfop in inc(¥M. G8n8r4y. th8 bss of ¢ity income lsubstants.ally bn9 assessments fr(m thvr¢hesl WO1. in rBalty. te cfi a gr8du81 basi8 OV8r a numter of yeats li.e. K thurth nmbership arnj I1j a churth kns abl8 to pay th8 full le¥d ol awssm8ntl. In Ihe event of Ihis of dedin8, Ih8r8 waAd be tirr and opty.ons for stnKlured tlannirvJ ol the re depk)yThent ol mirmsters WTthin the Mthsl creX. with Ihe (llentsal in urDJit costs. availatde to cover (xjmrnitrn. provK1e 8 level suffwnl for day-ttrday $kn ar¥J a W of luThJs OJLtkl be m&J8 av8L8b lor uThdentffi8d pr(48cts. Thls r1 affed lh8 viatxlity of Ihe Charity (the CirrJJiil at lh8 sarn8 time. marrfJ available luNls fLY sJppJtirwJ thjse luiure missTh meet its ccmrnrtrn8nts. anticipat1 carujit review has It been (see elSeWthe in Port1 is results'ng in annual savrys kn slaffiro ¢xtsts as as p)ssJe gains in rndurtht man beiNJ lat slainaNe levd. Balane• ol Unr•S1th Funds STAFFING COMMITMeNT8 frAloing areas oftr* th"rcJJ P8rt.tim or Crxrrniniies Wsvkw3 al TwAknlwry. cr1¢y+. Tetbury. Wg havg fiw(xlty suprKKted by grants in p8rfvrship: University: aThJ at Nails%%xyth Chtst Church LEP a Fam P•1• W•t¢ Clrrult 14
ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2023 TRUSTEES. RESPONSIBILMES acUnti[vj wactice (UK Thg law apFlirnble to caribes and W requires ts lothes to wepare fironcaaf ststements for ea¢h finanual year whi¢h gi¥e a and fa¥ vw oftr state ofaffwrs oflhe Charity and of its incom statements. trvstees arE uIred to: make pMlgernen15 arwj 85IKnates Ih8l are reasonabkn a1 state whethor aprAutrA8 ac(nr0 stsnd8rds have been fc4k)vJ. tr4t) any mthial d8parture5 disdosed and 8xrtsned in Ihe slatemnts; prepare Ihe fin8rKial slatenwts i)n the t(M basis wdess rt is inapwryJnJte to wesum Ihat the chty tAI Th8 Circuit Meebng lknsemtrtyl i4 fe¥ywl)le lor ern8urw Ihat the vant c4rtiii stewords, offi(ws and finanua of Ihe 4ThJ to enaile them to that th8 finarrial Statem comply vrith th8 Charits kt 2011 a1 the Chilie5 {fvmJJnts ReFs} Rewlation5 2. li 15 8150 f8SFfKth. inchjding Ihffgh lJ)6 ¥wnim8nt of re16vant arcuit slvwards. oifKw5 and thinistrators, for SaIU8rding the a5sots ol the Charity and herts kn lakn'ng raascffiatAÈ steps fry the pre¥entw arKI d8On of frauLI cth8r 1rrng#1its. As far as th8 trust88s are aware. therg i8 ro relwwl of the Chwrtls •Aitors are new8. aTrJ the trustees have tsken al steps that Ihey (xw to lve make themselve5 aware of any rdevantatyjit lnfcrnt and to estsuish that the aLwJik¥5 afB tre of Ihat info11)n. AUDITORS ON 8EH*LF OF CIRCUIT klEEnNG SKJnad.. Print no..
INDEPENDENT AUOITOR'S REPORT TO THE TRUSTEES OF THE METHODIST CIRcurroF GLOUCESTERSHIRE YEAR EXDED 31 AUGUST 2023 Oplnlon We have •KIrt the financial statements of The MetWLst C1j1t ol ¢>0[K•ststsh I1 'thariWI lor thè year 31 Aug¢ 2023 ffilch c(¥nF¥tse Ihe Slatom of tivths, lh8 balan(¥ sh88t, th8 slatement ol cash Ilthff and to Ihe finala1 Slaternts. ind¥Air¥J a summary of &gniftsnt a¢o)unJng FtAkies. Thè fin8n(yal rewb'ry fram8th that has b88n aPFI in their pr8p8r8rir 8ppIK8t4e law and UINted Wom ALtij Standa8, Rekmxbrg Slandard 102'Th8 Finanual RspoFting Standard 3PF1ble in Ihe UK Rewblic rA IrelaTrJ' Iuntsted Genera give a and fay ¥ie of the state the Charrtls affairs as at 31 2023 and of tho inrxmirJ resourc•6 applK•ts"c d r6gyJrc6s. irvJJdSt¥J Ns •xw¥Jthra. foi lh8 yaar then end•Y.' Practi. 8nd We have been wwited as )der 151 Lrf Ihe Chities Act 2011 and rtFi¥t in 8cLxJrdanL International Standard5 AudibTrJ IUKI IISAS IUKII 8rvkatrAe Lqw. reswrflsknrfthes uThJèr Ihose 5tsndards arB lurth8r dèscrtsd tha wthtorfs T1118S for lh8 di1 of Ihe finan(xa slatenIS 58ctiL of our r8&Kl We are iThJepwbJ8nt of th8 thlty in ¥darKe wilh the ethi¢ requirerrthts that afe relevant io our aydit of the stalewts in tr UK irK4wknJ Ihe Fmarfd RerKbng CtyJncl's EthK Standard, and we have our other rewts"ltss in •)xnlance these reqUIrnts. We opinic. ¢(11¥>n$ IhaL individualty or c¢W. may casl ¢JJJbt cffj the Char$ &Jih"ty to con16nuo authorisod lty isyts. th8 rdèvant S8(L5 r8F Indudeil In thfr tfUStoes' amu4 repyt. othw th th• fincIal slat•mbnts aThJ cw authtc¥'s th). Our cyinion M Ihe fina Stat th)es not covw the other infomth and, except to the extent In ccffinth)n wrth ow audii ol ts fv)awal Statents. J1 is tr) Ihe olhw w)Imation aThJ. In dcan9 so, c£wi(r whether the otsr infrMma1 rnatsrilty irKtytsistont wilh the finanrA slatements or our kwthedge Obtaed in ts audit otheThwse apT$ tr) be materdty mi5stsbY. W we Idtrntrfy swh Mate incS1$tn0.es or arva1 Mat. N¥sslatwi)ents. a wuirgJ to deterrr•ne information. If. based on the vnk have perf. c1le that the i5 a materid mis51atement of this cther inknnakn, we lo rert Ihat fK£ We have rnthirwJ kn r8wI in thi5 16
INOEPENDEI AUDtTOR'S REPORT TO THE TRUSTEES OF THE METHOLXST CIRCU OF GL(XJCESTERSIIRE YEAR EhlDED 31 AUGUST 2023 Wè have thIng to rermyt in respect ol the fcknw¥J in lo the C?171$ fv£t 2011 requi k) 1 lo rf, li CAK tsp1.. our a11 habp nol frcfft t#h#S not by us.. or wg h8bE n(rt al lh8 MknbDn and UIre lor(wr aud R•sponslblliliM of Tn¥t• fair vi8w, a1 for such in1un conlr(4 as th8 trust8es d8termin8 18 rocssary to enats thtr pryaratiL)n of In Pf8pariThJ the finar1 statements, th8 Iruslees we re¥n$lLe fc¥ asse5srvJ IhB Charity's ability to tinue as a p"rvJ (Cern. dIsry, as arfAtst46. matters r8la18d to going ccfflcem and using Ihe wng or have MI wltsb"c aliemati¥e to ts) s We ha¥e baen apwinted as •JJitors uThJ8r ti(>Tr 144 (A Ihe Chanbes 3)11 and rtFL¥t in acrnrd8n reg?On$ mpth urK1er Sect 154 of that Ad L)Jr re¥$bIrtY is to audil and express an ownK)n th8 finawa Stat6ts in cldarth wlh •Y¢8t6 law and In110nd Standards of AudityThJ (UK and IrelaThJl. Thc6e stsnda rewire us lo (x)mtty with tr fvacbces Bo¥d's Eth Stsndards lor Jitors. free frcffl material mBststemrt. whethw due lo frwjd ry errry. to issue al10rfs rBF4Jrt Iude$ r opinJn. ReasrTht4e asgJrnrTh ts a li of assuraw t¥Jl is not a guarnn188 that an 8udil Klucted in accordance ilh ISA¥ IUKI 4ays ¢Jetect a matewia Thusslat8m8nt ¥then rt exists. Misstaiennts can afise frLYn fraud or 8rror and are c4)nsKJ0j material rf. indwxlually or in the aggwate. fin1 Slatmts. Irre9ularths, NKJding fraLKI, we instarw of ith laws and wulalK¥)s. We edures in lin8 wilh cdjr re$ForltI"1.0s. tsj1ned Ste. to debJ rnatsn mtateMal in re5Fert of Irrggularth8s. indudiThJ fraud. The extent to our are (apaNe of detthg irregdaribes. WÈ an Unde•r# ol Ihe kn9al 8j fraMv aFf4K8t4e to Chaiity Statem cf Ihat had 8 fvMMjal ellt on the owatir$ of ts ccmnpany. We detern1r th8t the rrosl sjnThI¢t l•s allonS UK GW. the Chariti&s SORP FRS 102 and Charl1 2011.. induding how fraud rnuht Audit pethxNwl by th8 w0Jagerrt tearn include leryin9 atiCS Ilts m•J6 by maw8m8nl in its s•3nificant antl3 17
INDEPENDENT AUDITOR'S IIEPORT TO THE TRUSTEES OF THE MErHoD CIRcurr OF GLOUCESTERSHIRE YEAR ENDED 31 ALIGUST 2023 Obtsining an urKb8r5taThJing cl inkn)a cryilrrj feleV t the in order b d8swJn auilit EvJuati of the ovwal We110n. sInTe and cjjntent Lrf Ihe fin¢181 statwts. lThY11r¥ Condu5wJn Ihe apw¥ial#)ess of the directrKs' w of Ih8 gc4ThJ c£Inc ba5t5 of actunb"Thj and, b8swJ thè autht ¢¥¥Jee ¢Y)tad. wtr a rntsial uncertainty exists related to events or conditiL¥)5 that may cast signifrnrt the Thynpanfs abdity to ¢CtinU8 as a goir o)ncem. If we C£e that a matèrial uncertainty exists. are requir&1 to draw attenn in alit(S report lo Ihe rd8twl dIsCTe$ in lh8 stalemnts or. rf such dtsdosur8s arg inad¥4uate. to mcJfy wr Cyrn. ¢)Jr oJrKIwiDns e baswj c¥) tr Jil evKlm obtsingd up to dale of (r audi8 reFrfwL HcthEver, ThJlur8 ents 1xdit#)s may cause Ihe rmP2nY lo tran8adions refi8d8d in th& statomonts. Also of Th)t dtir¥J a matsrid rnisstslement due to fraud ts hlgher than ts risk ol d8t8diThJ one Its.j frtyn ery. as fraud rroy inthe ddiberdte 8nd of the aJdfjt and gn[1 8Yrt any SnIfiCaNt dg1th)cth In )tom ¢(tr that identify duling tyJr Us• of our rep1 This rep)rt ts rn&Ye to the Ch8riWs trst88s, 85 a LKMty. in 8Ctc¥darKe wth the Charities Acl 2011. Our audrt has teen ¢Jnderfaken so th81 VP r¥Mght to Ihe Charly's Imstees trKe matters are r8qUtred to st21• to them In an audit$ rewjrt and fry M cdh8r puw. To lh8 •xtonl Fermitt&l by law, we do r*Jt attept or assu responsiblty lo ¢)ttw than thB Charity's trustees as a bc¢ty. for our Cthn. GL51 OUX Date. 0410612024
The METhODW CIRCUIT OF GLOUCESTERSHMIE CIRCUIT STATEMENT OF FMN¢IAL ACTMnES YEAR ENDED 31 AUGUST 2023 Funds 2023 Funds 2023 Funds 2022 FundJ 2•22 Total 2023 INCOME Grants and dgnatlon• Donations and recvvery of eXpSe$ Church salo FKcwds 61.574 61.574 459.649 Ass8ssrnents 673.5SS 673.556 725.218 725.218 Inv•slm•nls Property income Inveslwrwl tnrJ)rT 1,776 1116.2621 31.072 31,072 2.342 111S.4241 Totsl Income 1112682 678 EXPENWURE Ral•lng fur$ Pr¢wrty (7.0371 ri.0371 15.441} 15.4411 Chwilablo 4cllvlll•• Grants and th)natic¥ 161.3831 11,054.327} 161,3831 140,540} {51 11,054.3321 11.lJ85.1441 140.5401 14.1751 {1.089,3191 ef T¢)tal •xp•ndllur• Not Incom• I lexpendlturel beforn Invostrnent galns 110.WQI 110.0701 164.553 14.117) 160,463 G•in$ on Inv•¥l 57. N•1 mo¥•m•nl In nd• 110.9031 110.0701 221361 (4.11TJ 218.244 Funds: BmughtfTh8rrJ 4.895.814 26.W 4.922.474 4.673.453 30.777 4.704,230 1C {1(Kll funds 14 912 14 26 660 4 922 474 The not85 on pages 22 to 33 fowm F*rt dllwe a1
THE METHODIST CIRcifff OF GLOUCESTEK CIRCU BALANCE SHEET AT 31 AUGUST 2023 2023 2022 Tangit4e 85S8ts 10 11 2.988.472 3.605.el)7 3.113.4n 4.080,607 CURRENT ASSErs Debtors 12 1.715,132 881,784 208.135 889.919 1.853.364 CURRENT UABILMES Creditw due wrthfft ore year 13 (54,432) {48.0521 1,798.932 841.867 TOTAL NEf A&8Ers 912 4922A74 FUNDS Unrestrict&J fw 14 14 4.885,011 27.393 4,895.814 TOTAL FUNDS 4.912804 and on trir Lhdf by.. S¥Jned.'
CIRCUIT CASH FLOW STATEMENT YEAR EMDEO 31 AUGUST 2023 2023 2022 N•t mov•m•nt In lund• {10,070) 210244 10 1,238 115,424 764 12.3421 {57.8(Al Inv8slm8nt irKtNnè 140.1491 Incrb8s6 In d&btc¥s Inr%8288 I Id8cr8as91 in rx8(kn 11.033,348) 6.142 I95,5} 2,342 Purchase of fixwj 13,3351 langt fixed assets 858.372 Ch•ng• In and u•h •quvnl•nts in th• year I.903) 85.377 Cash and cash awivdqnts 311 SeT Z08,135 122,758 Ch •nd ¢•8h •qulv•l•ots at 31 Auw•t 130232 208.135 Cash b8lar•s at 31 Awt Other rash balanrs hdd by thbrd pwb8% 61.926 119.762 88,373 Cash a)d cash sha&t at 31 ALKJLfjt 138 21
THE IAEfHODIST CIRCU OF GLOUCESTERSTrMRE NOTES TO THE ACCOUNTS YEAR EIIOED 31 AUGLIST 2023 ACCOUNTING POUCIES rnatsll in rtion to ts Cirwifs fi1) slatwnwts. arplicatrlg United KIryd Stsrntsrfs". the Chanty C(¥mmissicm 'sta1)en1 crf Re¢ommend&Y Rep(%b"ThJ StarE1 in the UK WKI cl Ireland IFRS 1021 (CharlieS SORP FRS 1021 aTrJ the Financaal RetKwb"ry Standard apF4Kat46 in Ihe Un1j RewL4ic of IrdaThJ IFRS 102) 8r#J the Ch8thes AfA 2011. The tntst (a)nsti a ty4ic tefit tity as deffined ty FRS 102. The lurtuond t)mrw of I CAJ1t Is wN¥J (£1. UrtaInbe$ related to ev or c¢yv5bC M may a ggr¥fvant dcwbt on ts aLty ol Ihe Chanty to nue as a g(#ng (x)ncwn. The tnjstees make this assesThnt fft rwecl d one year from the date of unr8striLtsd fvnds at the rwt of appThFwJ ststwnents. have adequate re[C•S to c<•tr•Je kn cfralkn at 12 nw)nlhs apwal of Ihoso financ481 statements. pr8parin9 Ihe 8nThJal 51atenn15. estimates and assurWKffis at1 the carry alrnts t•$$ets and that a not readly aF4)arwrt
THE MEfHODIST CIRCVTh OF CLOUCESTERSHIRE NOTES TO THE ACCOUNTS YEAR ENDED 31 AUGUST 2023 ACCOUNTING POUCIES (lInu1) Irthme 15 reCO3rid in Ihe n11Thj perKé Wb k5 te. except In the frJlwr¥J Not all the twms and ol ts granl h& rkn1J Ihe of and the grant c¢yvJitics are gjch that ww¢nt grwrt rrwst be tefvMKJed. Oranis and dona derrj io matth lh8 incorne to 9xpBn¢mu Iwer Ih81rf8 of Iha prLry• cl¥uh 8a1• proc•eds cnex Protty Fu1 levyl a Gwefaty due lo ts CdruiL Suth a rwn It is indudgd in ts Stemgnt of Fin Acws in ts acInIla on a [eNable ba515. Grani• to loc•1 church rBcthve lomwl akyrtytsl by1 Tntst8•& Granls awardwl to 0th8r charitatA8 iNylK% are fr as Ik8t#lth"es in th8 y&8r in lh8 award is made. Miab"-tric#J wls a a(minknJ fty in in the year awartsj ¥the there is a trKling nntrnent D•slgMtsd fund• IMre the Clrt has agreed to use its rtseryes to et revenue costs LY lo rrtet fubjre captal il has t5 SUPPOrt ILY a church tlding 5cherrts, trojl m adual 8bIrty h85 yet b8en crealed. Expgndltur• Raislng meebry Ihe and sIattrtcY requirwrwts of the tharity and indudina fees for extem4 scnjliny d Ihe occwnts and cJ)sts linke(I lo the stratwc manag8rrwt of dwity. l o)sts a alkxated ttheen exwrtth Categories of Ihe Statem1 of Ffjnarnu Acmes on a basls designed lo refflect the use of res(¥Jrtes. Costs di• relab.ng to a parb.ojr xvity are allale(l dir¢cUy
TrIE MEfHODtsT CIRCU OF GLOUC&STERSHIRE NOTES TO ThE ACCOUNTS YEAR ENDED 31 AUGUST 2023 ACCOUNTING POUCIES {conlinu•d) Financad Arths on a stra.utht ba515 lh818 Irn. Tu•tlon The Charity ks a wkstT•J dwrrty is 8nti118d to dayn emual exempkn frDm UK Corra1 to the ¢1¢ods of covqnant and gft aid irwestrwt inc)m is r8d8im8d in fid. These ha¥e tn induded at c(£t rf wrcas•J frun Ihird rorb8s. ty rf recNe4J from other Cir(yJts, at their carrying v4ue frcth tho th)rKY. Assets CDstiThJ less than £1.(KK) a wntten df as rBV8nue exFendthJre th8 year of a(x]ul$6kn. DeweciatK>n 15 provwjed to lie off lts cost or valuati( less I e51imat•J resxlual Val of 4e fixed Manses Fsxtures. fftb'ng5 aThJ &]uiywt conSeqnt Inaten"a1ty of any dtyreuatic dwTrJe. Freehthj land is Mt dewwiatad. FiK•J asset proceeds are F•ted n81 of any Ivry payaAe k• the Cc¥ThxK¥)al FuThJ. InVe¥trnt wrwtigs are nlially at a¥J at fw value at the reWiNJ data. Cash at bk and In hand Cash at bart and (4sh in IrKI cash $t mi htyhty Iw4u•J inVests¥ts Tth a SI maturty of three months w less frrn the ijate of acgixslK uf ts detKssrt' w gnmlar xc4)Jnt balancos hdd by third parli&s rA bew dthe (*anty. Cr•dllors cr8th1S are rwnlsed th the ClIty a près8nt Obgat frryn a past event that wll probaLly res1 in the transf8r of fitrxts to a third party aThJ the a)K¥Jnt thJ8 to 59tle Ih8 0b1bjatn c3n be for any tr&Ye diSCnts d5.
THE MEWHOOIST CIRC OF GLOUCESTERSHThE NOTES TO THE ACCOUNTS YEAR ENDED 31 AUGUST 2023 ACCOUNTING POUCIES {wrtlnued) Furbj aceounllng Furlher explanaticffi of WKI f1 is Irt1 in th8 to the fmanci81 Tha Cirryjit is 8 mambar of th8 IMMPSI o)¥ws we5bykn and deacons of the Meth¢xlist Churth. The Ujnlritir rales a set each year by the Method1 ConferencA. The MMPS is a Mult8MpY8r sctsme. and in )Yarte Ihe guirJanL iSSU8d by the Charity Commissim. the CircJJil acwjnts kn tkjse c(x)tribulKJns as rf rt were a defirwj conlit)utJn sth8me. It has thjnè $0 beca8 il 18 unable to identrfy rfs Sha of the undertyiry a5sels a1 Ikgtidibes a rJ)nsistent aThJ rea$aLle basts. 6% of saary. even¢. il is protrate tlwt the Circuit ill be requwed to setde that rt4vJal¥)n a rdrdb18 e5timal8 can be male of Ihe arn¢)unt ol rAgalbJrn Fln•n¢ial Instrunnts Financid instrum8nts are rA8ssified and aCtnted IC to the SUbstar of Ihe c(ffitraclual arr8ngem8nt. as finanrxal assets c finartial lsablrfi8s. Al financd assets aThJ liat4iti&s ar8 inili8lly m8asur8d at transac1 F% liudI transJn ccffjtsl. exwt lorthctse financial assets dassthed a5 at fair ¥ae Ihrrxjgh wofil or ktss, are initialy measured al fair is nomial th8 transacti ca 8xdLKling trartsa(C costsl, un188s th& ar[aThjnt tn$tIS a fThntsng transacti. M an arrangemt wbbJtes a ffinar transact. the fffiarwl asset or finantia Ik4t¥lty is rneaswed at Assets. IJtlr than t)59 m8asu¥ed al fwr e. are assess kn iTh"cators d irnp8imt at each bJar st1 dale. 11 there i8 0148¢ evhJerte of inpairm8nt. 8n Knpainnent k6$ ts in Profit or loss as d8scrib8d below. whe iThJi(ators extst fLY a decrease in irnpa1nrnl k)ss. the decxease can be rdated obi'8Cti¥ely to an èvent ¢x(JJrmg after Ih8 imPanrnl was recx)anised. thfr impaimignt Ioss ts 5t8d to dgt8nnIr reversal. An impairnent boss rever58d on an iThlM(Jua timpaired financk?l asset to the extent that the revised re(a)vere vahje do85 nrrt W trj a re¥1 rryry almr than th8 cy1ng ¥u9 had rKJ impatrment been rBeoJni58d. PROPETh INCOME T4)ts1 2023 Total 2022
NOTES TO THE ACCOUNTS YEAR ENDED 31 AUGUST 2023 INVESTMENT INCOME Totsl 2022 2023 Bank interest rKeiv8d Loss on ofinvestrnw 2.342 151.247 116262 151,247 115.424 COST RAISING FUNDS 2023 2022 7.037 5.441 CHARifABLE EXPENDITURE Totsl 2022 Stipends. salaries *¥J wenses 524.CQ6 44.816 524,086 44.816 61.383 165.164 28.942 174.349 1239 14 585.168 Granis District assessrnts District advanc8 fvnd 18¥y Othw tosts DeweoalKJn AudiL acwjntancy arKI ¢tsfB85 Officg. ccYnmuThcatiuB aTrJ Other 61.383 15,520 166.568 13,312 214.419 165,164 28.942 174.349 1,239 14.2C6 13,986 76.529 25.CQ) 78.292 25,C#J) 1 115715 60,254 25,03] Donalb Total 2023 61,383 Total 2022 1.089.319 1.129,859 GRANT MAKING ACTMllES Ihe year £61.383 (2022: £15,520) ol grants TAwe to (knr to a698t in extemal 2023 2022 Churth tyjtfeach (Jher 10.574 15.326 194 15.520 61.383
NOTES TO THE ACCOUNTS YEAR ENDED 31 AUGUST 2023 2023 2022 Slipgnds and sdwias 413.598 72.259 456,963 87.735 5,151 35,319 585.168 524.086 Numb•r 2023 11 Number 2022 13 daineil slaff Lay worktts * staff 14 18 TRUSTEES REMUNERATION AND TRUSTEES EXPEP4ses tkning Ihe year exw585 re l8wntT$&Y to Truees ton £21.093 (222.. £18.9101 in Tgspecl of travelling exrse9 and £9,1) I222.. £10.(461 in r8spod of otsr Cir(wit C06ts. Al exp8n8es were imbursad to tleeS th) ale Sal&j miNSt8, w lay 108$ aThJ Carng tyjt Ih8ir r(48s and dubes behfdihe CiraJiL Ciniit is in 2 NEf MOVEMENT IM FUNDS 2022 Auditors, remra"tl. Audit cl Ihe Oepreciation d taThJitl8 fix&Y assets 1.239 764 27
THE MEfHODIST CIRCUIT OF GLOUCESTERSHIRE NOTES TO THE ACCOUNTS YEAR ENDED 31 AUGUST 2023 10 TANGIBLE A&8ETS •qulpThnt Tolal As at 1 Septembw 2022 Addil 3.603.315 13.7 1335 730 9.812 3.616,$22 3,335 625.287 618,558 s at 31 August 2023 As al 1 Septemtr 2022 Chatg8 for the year Elim¥natsd cffi di¥Kfj As at 31 knjust 2023 10.91S 1,238 10,915 6.097 N•1 Book Val As at 31 August 1122 A8 at 1 S•Fthmb8r 3)23 3.605,607 11 INVESTME• PROPERTIES IlIdIng5 Falr Valu• As al 1 Sept8rntr 2022 DISF1 As at 31 AUSt 2023 475,(KQ 125.IX ShOd invostrnent be real. th8 c1j wll w 18Vi8S to Ih8 TMCP t*frxe rgcpt of 5858 12 DEBTORS 2022 66.273 33.542 Cenlw81 Finance Board and Trust8•s Methodk5t Chur¢h WOF¢ty t 1.715.132 681.784 13 GREDITORS DUE wmiiN ONE YEAR 2023 2022 39,835 8,524 54.432 48,052
THE MEWHOIJIST CIRcINf OF GLOUCESTERS NOTES TO THE Accoupirs YEAR ENDEO 31 AUGUST 2023 14 ANALYSIS OF CHARITABLE FUNDS G•ln¥. los5 and Balanc• at 31 August 2023 2022 P[DrtY 620.470 3.335 3 113472 fUts 620.470 3 113472 MTF 682.119 775,465 468.497 970.774 1150,6851 149,571 1.498,170 146,864 192.flJ2 1.457.584 12.277 1.645,034 1.122747 2221 CFB commilt8d lunds Total desgna 124.366 124.366 126,505 126,505 4,2fAI 4.895,814 1.122,747 4,885.071 CFB- Thtr Rel1 Fj TMCP- D8aknn Trust TMCP. Marsldl Trwl TMCP- Murid BrrK* TMCP. K8mertr Grav8rdrd TMCP- Manse Maintenanr CF8- rnslJll frjnts 10.229 121 258 257 1101 1.119 131 1,049 137 4.820 9,982 11XI Totsl fvnd• 4.922.474 1.112.682 1 122 752 4.912.404
THE METHODIST CIRCUIT OF 13LOUCESTERSHIRE NOTES YO THE ACCOUNTS YEAR E14DED 31 AUGUST 2023 14 Prlor y•r. Balan •t G•ln Balan at 31 Augu•t 2022 2021 untrIcted D•slonat•d Total unr••trk 4.469,627 203,826 1.295.138 (1.131,125) 137.Pl)8 4.711.448 124.366 4 895.814 1.131.125 57,81 Totsl Mtrlthd {4.175) 26.660 Total fund• 4.704.230 1,295.736 11.135.31XII 57.808 4,922.474 15 A14ALYSIS OF NET A%SETS BETWEEN FUNDS Total fund¥ lunds TaryJibt8 fixed assets Cash al bank and in h8Th1 TMCP and CFB Fln 3.113,472 128251 1.631.447 11.841 4.8B5.011 3.113,472 138.232 1.648,859 11.841 4.912.404 9.981 17.412 27.393 16 DESIGNATED FUNDS OetaiL£ o1desJnatad tunds aww as trkn.. pneering MintrY Ilnns¥ylh Prc¥e¢t FuThJl Mi8s•yt 8ur¥ary {St Luk¢sl o¥ersea Set up wdh luwts from Ihe rKd9 of st Lukè's thu in fjrwester. reserve) Other {under £1,0(Kll Desiwtsd ws.
NOTES TO THE ACCIJUNTS YEAR ENDED 31 AUGUST 2023 17 RESTRICTED FUNDS Details of r8Slric& lurth ore os folb%: FId ap1 set up at the (l FkyJs 2007. Curnnly In 8alarts ai year &KI = nl. Fund in yoar for StrrMMI Man88 nwnt8nar frAb*iTh3 chaNJÈ in 8pproved by Chanty C(ffimiss Hartwry CcAleg9 18 CAPITAL coMMmAENTS The Chwity hwl Trj cawl Cc¥mnMtmts ot ts y¥r-sThJ12022- 19 OPERATING LEASES- LESSOR 2023 2022 Expiry ¢Jats'. Wthin 1 year Befvfftn 2 and 5 yea Cfv8r 5 years 26,4CKS 10.450 26.4(K> 17,050 43.49) 2023 2022 Exry date.. Wthin 1 year 3.673 3.673 31
THE METHODIST CIRUTh OF GLOuC&STER1ftE NOTES TO THE ACCOUNTS YEAR E140ED 31 AUGUST 2023 RELATED PARTY TRANSACTIONS Mlnlstorn MelAL8t Conf8renc£. aThl Ihe Q"Trt ts reSPtIe kn m88tirwJ th0 créts frx au minislws apwinteil by Ihe ConferetKe to the Cl1t. The fdkw.ng minls lh8 b85r StiF1£26. w wo rnta wrt ¥satd81: Rev'd John Hdly Rev'd m18 IrelaFwJ Rev'd JayTh Wd)b Rev'd Bary Bisr Rev'd Denise Hargreaves R'd R8cM Ho l&wwrterthnti IDewty SupwrntNJert} O.S FfEI R6¥'d Rathd Latr Rgv'd John McNl R8v'd Phil Surnmws Rev'd Twker allowanc1£2.692. CK rnta where a81. Rev'd Marfin Tum8r Rav'd D8vx1 St m,$ LEP IFrc¥n May 3)181 Other ministers ar8 f1nI in ts Cir for th• rAwp ol the M811K#Jist stall0, Ixjt not in ClrrJJlt appointments or vAIIKxrt aprontr. may also be nbets of Cirujii rf they the Superintendent. trtrt do N)¢ f*Ve or xryxn1daIi0n from th8 except trA t¥eachwy fBes and expwtse& Lo¢al w••¢h•rn
NOTES TO THE Accoup¥rs YEAR ENDED 31 AUGUST 2023 RELATED PARTY TRANSACTIOMS Icontlnu•d) The frjlowry arg errfknyees rf the in rwi of sthi8s for th8y drt&a capath.es iThYKaled. Admlnlstrators Louise Hebtrmi CIrit Adrr4nistrator IAdmirwstrJlwl128 h l cirr11AdI1Wn1S 1Fmal {24 hr5 Church Bas W4xk•rs Linda Bone ++ Ci8ir Pser- Rachel Simpson Cha1ie Tryh ** knjrvw fvlawll ++ Part Acknty Le•Yer. TeltJry (3 hrs l Faffl (Xrtrgath wokn-T8Wk8sry120hI%>. to S8p'22 & Pastor Care Workw- Chemenharn Bethe5da124 I wkl Lay Wwker- Cknve124 tss i ¥•kl Not•1: other sour N4)t¢ 2: calaker$1malntenaThX eto a Ce$sed Ihrcwh Ihe payrc4 Wm. The CA"ruJit Is
THE METHODIST CIRCUtr OF GLOUCESTERSHIIE NOTES TO THE ACCOUNTS YEAR ENDED 31 AUGUST 2023 APPENDIX 1.. LIST OF TRUSTEES 2022r23 Mlnlst•ffs: Jen Helyw. D1$0 Hargreav8S John Wen(ty Tucker Mi¢thelle Irryl' J8yr Webb" Laath8r Phl Swnm5 Marbn Tuwr Clr¢ult Ex•¢th: hzthvr L9 ike Har CrAin PascA Su2 J0rn5 (Flus asiwisknj MlIstr$ in kt ¥&hJ fBFTrsentalThrys to. h1 parti1 responsibiliti.es cm, ts CN¢uit Ex•xthel. oplhjn of bwng 8 and rnerntw of ts Asswntty.. 121 &jpW[WwY nwntstws or minkstets in other appoinlmants Q'rtuit who tcok up Ihe cw'on of bg a trustee and memlw of th8 Aswtty'.131 appolnt•d In another wxltyl: John Baley Peter Gard Ledger (from 2115r23) Biian C(L Saty H41 Sbjwt Radhjrd Ilo 2113} klike HaTh8 Jar&i8 MNris L8 Ward Liz 121 &*p•rnunwary ¥lnl•l•rn who In Tf4MtM• loth•r In •Th>th•r rol•): Sbjart R&Jhxd lfrm 21N231 Ste¥• War
THE klEfHODIST CIR¢IJT OF GLOUCESTER8trMRE NOTES TO THE A¢COUPTr YEAR ENDED 31 AUGUST 2023 APPENDIX 1: UST OF TRUSTEES 2022R3 l¢ontlnu•dl P) Church El•ct•d R•pr•s•nkn lup to 3 •l•cl•d r•prnswkn r• •llowed p•r thih}. (# IlIcateS W sefftd lov pi of Ihe year} Arniry Apperfey Ayk)urton Bailey Lane Ernj Margat Keck Dad Ledger J18 Nrnt Uim M(¥yan Nigel Stvwart Marie Lever Ajastsir MxLe(#J Elaine By Ruth Whitlng Chelienham. B6thesd8 Cheltenham- St Marks Keith Nom)an AJ)n V8rf8y Matth8w Courhey BKkty Twner Csnd8rfc Ctrenceslor Clernts End CoadY Brenda Climef Bridg8t Purvis Enid N(Than Parn Hayward CMsts"ne Kn¥Jhts John Rows Slly Ham Henry Hayward Merbe4 Hellen DU8Y Fairfc¥d Glouc4sler. BartC Slrn GIouc8$1er. Lcfflsdal• Rc•J Jthn Mike H8in•¥ JNI Tker Mary Hdtyer# Hardd Mumfryd Anne Gaze # Peter Hli i•r# Gloucester- St J(m Hucdeo)te Nailsworth Newent Chrisbne Gardner John Raintx)w Klac McOJlla Chris Law Lynne Keaf Quedge18y Randwic S(NJth Ce Slonehouse StrIMJd Tettrry Tel8$bY wilKhmbO Ellaine Cw)erDn Joanne CldiKlge Peter Tthy# Susan Aexw)thr Mary Wlkn"ns4Y) ex Walm558y INJram Rose Pete Watt Sue Cty Lin Sdlis May Trevor Uplon Rqg Cknrke 14} L•1 Prea¢hBr elected R•pr•swrtakn (w lo 10 rbDmln•o• arn ltrdI loth•r than Trust•e8 also appolnt•d In another cap•cltyl: