THE METHODIST CHURCH – HIGH WYCOMBE CIRCUIT CHARITY COMMISSION TRUSTEES ANNUAL REPORT 2022
Section B – Structure, Governance and Management
The Circuit is one of 19 Circuits in the Northampton District. The Circuit is ultimately accountable to the Methodist Conference.
Risk management is considered as part of its overall duties by the Circuit Leadership Team which takes appropriate professional advice whenever it feels that this is necessary.
The Circuit has for many years adopted a safeguarding policy in respect of children and has encouraged and indeed ensured that all Churches within the Circuit have also adopted a suitable policy. In 2012 it adopted and has since annually updated a revised policy covering both Children and Vulnerable Adults. Suitable training is arranged to support those holding office.
Section C – Objectives and Activities
The objects are set out in The Methodist Church Act 1976 (Clause 4), a synopsis of which is “advancement of religion and any charitable purpose of the Methodist Church or Church organisation (see Methodist Church Act 1976).”
The Circuit provides advice, support and resources to the 9 Churches that form the Circuit and through them undertakes a range of religious activities for the benefit of the general public/mankind.
Methodist Circuits are not defined as external grant making bodies. Surplus funds, both short term and longer term are invested with the Trustees for Methodist Church Purposes as required by Standing Orders.
The majority of the work of the Circuit, other than that undertaken by ordained ministers and paid lay workers, is undertaken by voluntary lay people.
Section D – Achievements and Performance
The Circuit has continued to support a wide range of activities undertaken by the Churches within the Circuit. In 2021-22 this has involved …….
One minister is due to leave in August 2023 and a new probationer minister will be stationed from September 2023.
The Circuit continues to look for areas of proven growth and where there is potential for development. The Circuit has continued to support lay workers in two churches and the funding of the Superintendent’s PA.
The Circuit has continued its commitment to fund a diaconal appointment, though this is ending in March 2023. The appointee has developed outreach work both by encouraging and training lay people, and by working alongside ecumenical partners. In addition he was actively involved in supporting the work of local Work Place Chaplains. As this time there is no plan to replace him.
Section E – Financial Review
The Circuit aims to maintain in a general fund at least three months routine expenditure to cover timing delays in receipt of funds.
The other main fund is the Circuit Model Trust Fund (formerly known as the Circuit Advance Fund) which is derived from the sale of redundant properties within the Circuit and its use is governed by the purposes defined in Standing Orders.
The Circuit raises funds through the Circuit assessment which is contributions from all the Churches within the Circuit to meet the agreed budget for the year.
The majority of the Circuit’s expenditure is related to the employment of staff and their associated accommodation etc. expenses plus a contribution to the costs of both the District and the Connexion collected through the District Assessment.
Section F – Future Development
The Circuit continues to seek an effective strategy for its future development and direction. In 20212022 the Circuit engaged in a review of activities under the banner of the Connexional God for All initiative, and by the end of the year all churches had reviewed their plans for the next twelve months. The work identified through these exercises will continue to be developed as a priority and appropriate financial plans developed to enable them to be taken forward over the coming years both by the churches and the Circuit Leadership Team.
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| Unrestricted | Restricted | Total | TotalFunds | ||
|---|---|---|---|---|---|
| Funds | Funds | Funds | 2021 | ||
| Notes | £ | £ | £ | £ | |
| INCOMING RESOURCES | |||||
| Circuit Assessments | 187.744 | 187.744 | 189.220 |
||
| ManseRentalIncome | 7 | 37.140 |
37,140 | 37,140 |
|
| GrantsReceived | 2 | 35,450 |
35.450 | 45,450 | |
| BankandTrust Interest | 194 | 194 | 247 | ||
| SpecialCollections | 4.356 | 4.356 | 445 | ||
| SundryIncome | 696 | 696 | 2.814 | ||
| Total Incoming resources | 261.224 | 4.356 | 265,579 | 275.317 | |
| RESOURCES EXPENDED | |||||
| Stipends.National Insurance&Pensions | 144,995 | 144,995 | 142.668 | ||
| LayWorKers&Supemumerary | 6 | 2.350 | 2,350 | 5.700 | |
| District Assessment | 44.706 | 44,706 | 53.540 | ||
| Manserepairsandmaintenance | 9 | 62,360 | 62,360 | 33,413 | |
| Travel | 4.345 | 4.345 | 2.267 | ||
| Administration | 1.328 | 1.328 | 1.581 | ||
| Quiquennial inspections | 7.446 | 7.446 | 5,712 | ||
| Telephonesandintemet | 3,435 | 3,435 | 3.543 | ||
| Training | 500 | 500 | 0 | ||
| Pulpit supplyandplans | 60 | 60 | 0 | ||
| GrantsandDonations | 8 | 8,835 | 8,835 | 68,705 | |
| Collectionpaidover | 4,356 | 4.356 | 445 | ||
| Removalcosts | 3,950 | 3.950 | 0 | ||
| Other expenditure | 691 | 691 | 1.411 | ||
| Depreciation | 0 | 0 | 0 | ||
| Total resources expended | 285.001 | 4,356 | 289.356 | 318.983 | |
| NETINCOMINGRESOURCES | (23,777) | 0.00 | (23.777) | (43.667) | |
| INCREASE_I_(DECREASE)INVALUEOF | FUNDS | ||||
| Manserevaluation | 5 | 335.963 | 335.963 | 332.936 | |
| MOdelTrustFund | 3 | (56,069) | (56,069) | (15.329) | |
| OtherTrustFunds | 4 | 50 | 3 | 53 | 38 |
| NETMOVEMENTINFUNDS | 256.167 | 3 | 256.170 | 273,977 | |
| FUNDSBROUGHTFORWARD | 3.912.702 | 0 | 3.912.702 | 3,638.725 | |
| FUNDSCARmEDFORWARD | 4.168.870 | 3 | 4.168.872 | 3.912.702 |
| Balance Sheetat31stAugus | Balance Sheetat31stAugus | t2022 | |
|---|---|---|---|
| Notes Tangible FixedAssets CurrentAssets: Trustees for Methodist Church Purposes Central Finance Board HSBC CAF Bank Cash CAF Bank Gold Stipends paidinadvance Manse rental fees paid in advance Sundry debtors Manse Refurbishments paid in advance LessCurrentLiabilities: Circuit assessments prepaid Manse Rental Income Accrued manse maintenance expenses Accrued General Expenses Accrued Quinquennial costs Accrued special collection Sundry liabilities FINANCED BY: UnrestrictedFunds: General Fund 9 100,112 Manse Fund 5 3,695,588 Model Trust Fund 3 342,986 OtherFunds Trust 17252 Chilton Memorial Trust Fund 4 2.832 Trust 12975 (Saleofland)Fund 4 6,203 Trust 20825 Alma Stevens bequest 4 21.151 TOTAL FUNDS |
2022 £ 3,695,588 373,172 56,442 32,103 29,794 40,071 12,543 0 0 0 4,239,714 42,936 0 27,905 0 0 0 0 70.841 4,168.872 123.889 3,359.625 399,055 4,138,686 2,830 6,191 21,112 30,186 4,168,872 |
2021 £ 3,359,625 429,188 78,212 28,080 32,481 20,058 11,994 0 0 0 |
|
| 3,959.638 46.936 0 0 0 0 0 0 |
|||
| 46.936 3,912.702 3.882,569 30,133 3.912.702 |
|||
| £35,450wastakenfromtheModelTrustFund,£30,000tocoverthecost cover grants tochurches. 3.ModelTrustFund(foanntheCircuitAdy,nC!Fund) |
ofemplOyingtheDeacon,and | £5,450to |
|---|---|---|
| MovementsontheModelTrustFundduringtheyearwereasfollows: | ||
| 2022 | 2021 | |
| £ | £ | |
| Balancebroughtforward | 399,055 | 414,384 |
| Interestreceived(netofTMCPcharges) Net proceedsofsaleofproperties |
560o | 49 454,191 |
| Lessamountsdrawntosupport missionandoutreach: | ||
| Diaconalappointment | -30,000 | -30,000 |
| Circuit -AnyOtherPurpose | -5,450 | -434,936 |
| LessDistrictLevy | -21,179 | -4,632 |
| Balance Carried Forward | 342,986 | 399,055 |
| 4.OtherTrustFunds. | ||
| ThesecomprisemonieswhichwereOriginallydonated,coIlecIedor allocatedforaspecific,purpose. | ||
| Movementsduringtheyearwereasfollows: |
| ThesecomprisemonieswhichwereOriginallydonated,coIlecIedor alloc Movementsduringtheyearwereasfollows: |
atedforaspecific,purpose. | |
|---|---|---|
| 2022 | 2021 | |
| a)ChiltonMemorialTRlSt17252(permanentendowmenQ | ||
| Balancebroughtforward | 2,830 | 2,829 |
| Interest credited(netofTMCPcharge) | 5 | 4 |
| InterestpaidtoCircuit | -3 | ·3 |
| Balance carried forward | 2,832 | 2,830 |
| b) Truat 12975(aa"ofland) | ||
| Balancebroughtforward | 6,191 | 6,183 |
| Interest credited(netofTMCPcharge) | 11 | 8 |
| Balancecarried forward | 6,203 | e,191 |
| Trust12975resultedfromthesaleoflandbytheformerBourneEndMethodistChurch.Followingthe | ||
| closure of theChurch,the TrustwastransferredtotheCircuitandthecapitalisavailableto!hecircuit | ||
| aslaiddowninstandingorders. | ||
| c)TRlSt20825Alma Stevens bequest | ||
| Balancebrought forward/Capital Transferred | 21,112 | 21,084 |
| Interest credited(netofTMCPcharge) | 39 | 29 |
| InterestpaidtoCircuit | o | o |
| 21,151 | 21,112 |