THE MErli1ST aiuRCH-HIGH WYCOMBE aROJIT CHARrrY COMM15510N TRusfEE5 ANNUAL REPORT 2025 Sertlon B- Structuve, Gownynce and Mawement The Circuit is one of 19 Circuits in the Northampton fAstricL The Circuit is ultimately accountsble to the Methodist Conference. Risk management is considered as part of its overall d$ by the Circuit Leadership Team which take5 appropriate professlonal advice whenever it feels that this is necessary. The Clrcuit has for many years adopted a safeguarding policy in respect of children and has encouraged ènd indeed ensured that all Churches within the Circuit have aly) adopted a suitable poliq. In 2012 it adopted and has since annually updated a revised policy covering Ix)th Childn and Vulnerable Adults. Suitable train1r is arrnnged to support those hoklir6 office. The objects are set out in The Methodist Church Act 1976 faause 41. a synopsls of which Is "advancement of religion and any charitsble purpose of the Methodist Church or Church organisation (see Methodist Church Act 1976)." The Circuit provides advlce, support and resources to the 7 Churches that ft>mi the Circuit and through them undertakes a range of ligiouS attivities for the benefft of the general publiclmankirKI. Methodist Clrcuits are defined as extemal grant making bodies. Surplus fvnds, both Short term nd longer term are invested with the Trustees for Methodist Church Purposes 3$ required by Standing Order The majority of the work of the Circuit, other than that undertaken by ordained mInerS and paid lay workers, is undertaken by ¥xJluntary lay people. Sertlon D- Adilevements and Performante The Circuit has continued to support a wide range of actlvities undertaken by the Churches within the Circuit. Wesley and Marlow chapels have continued to live-stream their Sunday worship and this has allowed members to be part of the services Wtthout being present and allowed other ongre8ations to join them in worship. We have alx) used recorded sermons to help chapels that have not had a preacher fortheir SUlaY worship. Thi5 has all been assisted by the grants from Circuit funds given during the pandemic to each chapel to improve audto-visual and streaming equipment where this wa5 needed. One chapel dosed at the end of August 2023. One mlnister left in August 2024. leaving the Superintendent and one further minlster. The Circuit contlnues to look for aa5 of proven growth and where there is potential for development. The Circuit has continued to support lay workers in two churches and is now funding a part tirne Circuit Administrator in place of the plouS post of the Superintendenvs P
Sectlon £- Flnandal Revlew The Circuit aims to maintain in 3 general fvnd at least three months routine expendlture to cover timing delays in reIpt of fijnds. Trh The other main fund is the Circuit Model TTU5t Fund Ifomierly known as the Qrcuf( Advance Fund) which is derwed from the sale of redundant properties within the Circuit and rts use is governed by the purposes defined in Stsnding Orders. Due to reIpts from selling a church property in eorlv 2025, the circuit has been able to be 8enerous with 8rants to its individual churches. The Circuit raises funds through the arcuit assessment which is contribution5 from all the Churches wf(hin the Circuit to meet the agreed budget for the year. The maiorty of the Circuiys expenditure is related to the employment of stsff and their associated occommodation etc. expenses plus a contributron to the costs of both the Distrirt and the Connexion collected through the Dlstrict Assessment. Sectlon F- Fure I)lOPment The Circutt continue5 to seek an effertNe strategy for its future development and direction. In 2021- 2022 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 thurches had reviewed their plans for the next twefve months. The wod( 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 year5 both by the churches and the Circuit Leadership Team.
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Balw Sh•8t a8 at 31 Ajt 2025 JA•SJ76 TIA I.JEBJ22 31.919 61212 28.W7 130391 47.386 33AOO 2nl¥-13 ¥34 1A1•2•2 * •ftpr201&19 177 GqnthTIFu 353TWS •9J.782 IJ0&492 l.X5.402 Z,62> 4.X4J.177
forth• Y•v•nded 31st AugU¥t 2025 Total Funds 2024 Funds Funds Fund$ INCOMING RESOURCES 114.250 114,250 55,060 148,111 2.066 149.600 56,640 75.000 5.780 934 Vonse Rental Incow Grants ReNd Bank and TFUSt Interest Special CokLXw)ns Sundry Inc0rn8 Talal I(nI r•••x 148.111 2.066 328 168 RESOURCES ExPDED stlp&n¢s. Natnal Inwrance & Penskjns Lay worke & Supemunrdry tAstrfd Aw55nent Manse repa and mh)tenan( Tra1 A(InYnBtiatn QuKiuenno1 i)speLlS Tebphones and int&rnet Tr8ining pUrt suppty and plan$ Grants and tknnati)ns Property Costs Cocth)n paJ over Remval costs Other gxp8ndlu DeprgrtDn 88.947 25.1 56.808 69.838 6.106 1.955 88.947 25.190 56.808 69.838 6.106 1.955 123.195 10,023 63,360 128.869 3.361 814 6.080 2,917 437 2255 2.255 679 76.326 9,784 679 76.326 9.784 .)tJ." 3.560 22.000 934 5.523 5.523 2,632 Total r••ourc•• •xp•nd•d 343 409 368 162 NET INCOMING PESOURCES 114.4621 114.4621 139,9941 IIICREASE I PECREASE} IN OF FUPa)S M8n¥8 rEvabJatN)n )del Twst Fund Other TrnJ$t Funds 1406 7861 3 1.334.441 1.508 1406,7861 1.334.441 332 253,847 1236.5941 1.441 11.1761 NET MOVEME1 IN FLVIDS 914 701 1.1T6 913 525 21.300 Fu)s BRolT FOFMARD 3.990.660 3.990.663 4.011.963 4.9)5,361 -1.176 4.W.188 3.990.663
Th• M•lhodlst ChUh- Hlgh I%Sromb• cIrrlI 8al•¢o >••o1 al 31•t Augu¥1 2025 2025 2024 TorvJlMo Flx•d Assets 3.486,976 3,893,782 Current Assots: Tmstees for V£thodiJt Churdl Purposes Central FfftanL Bo4 HSBC CAF Bank Cash CAF Bank Gobj Stipends paj In advan nse ntaI fees pahj kn advance Sundry debtors Iknse Refvrbohnts paAJ kn advan 1.368,675 29,854 17.000 27,522 2.874 7,030 32.919 61,382 2,244 )rt1 23.920 2.803 7.030 4.939.931 4.024.060 Less Curr•nt Llablllll•$". CirrAJit 8wsThnts prepaKI Manse Rental Incon AcnJed manse Matenant expense$ AcNOd General Expenses Ouiiquénnral LX> Ac%nJed speual cok(thn Sun¢Jry1oblit*s 33.400 33.400 33.400 33.400 4 906.531 3 990 660 FINANCED BY: Unr•strf¢tsd Fthth: General Fund Manse Fund Ktjdel Twst Fund 49.499 3.486.976 63.979 3.893.762 495 4,871.410 3,958.236 Oth•r FundB Trust 17252 Chlton Trust Fund Twst 12975 (Sak of Landl Fund Tnjst 20825 Afv St8V8ns bequest 2.829 6,711 8.726 22.936 32.424 TOTAL FUNDS 4871 410 3 990 660
Th• Mothodlst Cfvu. Hlgh Clrcult Not•s to the Account• forth• •ndod 318t August 2025 It FIWEI 16ffecli4e 1 X115I. se 1c8 Irth. 495 22,502 1.305.260 1.833,686 412.890 49.110 -75.000 -12 -190.589 237,089 6.530 Irrtervst I1 rl 7PTr cl) Grdrts -75.000 foss -158,750 Less DBtrh# Levy Baknce CarW FoThArd 1 334 938 495 B8re twht Intere51 Credit In Interest pfj to 142 -1rJ bl Tru 12975 (sal• el I• 6.191 Intgrest Gr9d(tl (r1 d TPXg GIHg•1 B•l¥v wrl•d 21.770 1.1 21.112 irneresl Credtt TK? CWI Int8re81 pJ io Cc
The Methodl•t Churth- Hlgh ¢0mb# Clrcult Notss lo th• Aecourbts forth• yw•nd•d 31#t Augu•l 2025 2025 3.080.190 406.786 3 486 976 2024 3.359,625 335 963 3 e95 588 Bokne brrwht Irra591tkncrP0S¢ in the circurt aTrJ 8drrm assi%&ryrt Cxrtwh er the yew. I4(9t8 the (Xrtreoch dk1 rwe. so tt VAS back LV far •*rL Th18 y8ar that& was Substantk exFthJttfft n¥rne at J. to Reddiffv 46.054