REGISTERED CHARITY NUMBER 1138103
Report of the Trustees and Financial Statement for the Year ended 31 August 2021
for
Wigan Methodist Circuit
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Wigan Methodist Circuit Report of the Trustees for the Year Ended 31 August 2021
The trustees present their report with the financial statements of the charity for the year ended 31 August 2021. The trustees have adopted the provisions of the Charities Act 2011 and the Charities ‘Statement of Recommended Practice (SORP) 2015 ' as applicable to the Financial Reporting Standard (FRSSE) 2015.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1138103
Principal address
Wigan Methodist Circuit Circuit Office Spencer Road Whitley Wigan WN1 2QR
Trustees
The members of the Circuit Meeting are the Charity Trustees. A full list of trustees is included in the financial statements.
Accountant
Arc Accountancy Solutions Limited 51 Laverton Road Lytham St. Annes FY8 1EN
Independent Examiners
Haslam Financial Services Ltd., 12 New Church Road BOLTON BL1 5QP
Advisers
The charity's investment managers are TMCP, Central Buildings, Oldham Street, Manchester M1 1JQ.
The following ministers acted throughout the year:
Rev S Swithenbank Rev J Hilton Rev S MacInally Rev R Towle Deacon K Lamb
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.
The charitable trust is constituted by the Deed of Union 1932, the Methodist Church Act 1976, is part of the Methodist Church of UK. The trustees listed have served throughout the year. Appointment of trustees is governed by the Methodist Church Act 1976. The Managing Trustees of Churches and the Circuit are empowered by our Standing Orders to appoint new trustees and to fill vacancies arising through resignation or death of an existing trustee. Circuit Managing Trustees have regular meetings where the Circuit’s main
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Wigan Methodist Circuit Report of the Trustees for the Year Ended 31 August 2021
areas of activity and by extension the aims of the charity are discussed and agreed. The day to functioning of the circuit is governed by Standing Orders as set out in the Constitution, Practice and Discipline of the Methodist Church. The charitable trust is registered with the Charity Commission
FINANCIAL REVIEW
Reserves policy
The Managing Trustees review the major risks which the charity face and consider that there are none which would stop the charity from maintaining its objects. Assessments from individual churches have been agreed for the forthcoming year. It is the policy of the charity to maintain unrestricted funds at a reasonable level to cover unforeseen expenses. This provides sufficient funds to cover management and administration and support costs for at least 6-month.
Ministerial stipends increased by one this year as the circuit appointed a Deacon to support the circuit community mission. Two part-time lay employees finished during the year and we continue, via grants and donations received, to support three who work with local churches in the circuit and community. Of the properties that the circuit has responsibility for, the sale of Orrell Methodist Church was completed in October 2020 and the proceeds of sale will be used for continued mission projects in the circuit. Total assessment levied on the churches was £202,972. The outstanding assessment payment of £8,190 from 2019/20 has now been written off due to the financial difficulties caused by the restrictions of the effects of the coronavirus.
The overall net decrease in Circuit funds for the year was £91,602. The total income and expenditure account for the year is detailed in the financial statements.
The total value of manse and church property decreased in the year by £170,086 mainly due to the sale of Orrell Methodist Church.
The coronavirus pandemic which began in March 2020 has continued to result in loss of income from lettings and the need to support individual churches is likely to continue into the next financial year.
Funds available are sufficient to permit the trust to continue in operation in the medium term, given the agreed assessments of the individual churches and the Connexional nature of its governance. The trustees review the major risks which the charity faces and consider that there are none which would stop the charity from maintaining its objects. Support from individual churches has been promised for the forthcoming year.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Safeguarding.
The Circuit is committed to ensuring the implementation of the Connexional Safeguarding Policy, government legislation, guidance and safe practice in the circuit and in the churches. A training programme has enabled all members needing updating training and those needing initial training to attend an appropriate session.
Investment Powers
The Methodist Church Act 1976 authorises the trustees to make and hold investments using the general and other funds of the charity, and such investments are presently held and shown within the financial statements at their current value.
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Wigan Methodist Circuit Report of the Trustees for the Year Ended 31 August 2021
OBJECTIVES AND ACTIVITIES
The objectives and aims of the Managing Trustees are to oversee and further the work of the Methodist Church. To this end, those activities which come within the oversight of the Managing Trustees are to provide ministerial oversight, manage circuit property including manses, contribute, as agreed, to District and Connexional assessments and be mindful of development opportunities for the Circuit. In order to do this the Managing Trustees, raise assessments on individual Methodist Churches in the Wigan area in accordance with Standing Orders. They may also make grants to individual churches for property, Ministry and Mission as permitted and governed by the Standing Orders. The Managing Trustees believe that these activities and the church resources are for the public benefit as, through its work the Managing Trustees enable pastoral ministry, spiritual engagement and contribute to community development in the Wigan Area. The Managing Trustees have noted the Charity Commission’s guidance on public benefit.
ACHIEVEMENT AND PERFORMANCE
The Wigan Circuit seeks to be a close union of its individual churches. Everyone connected with a church should expect to feel that they are an important part of the church family and be supported. Through our common faith in Christ we seek, in prayerful action, to share and spread the love of Jesus throughout the local and wider community. We continue to meet as a circuit both for mission and social events to bring us together. Prayer and bible study groups, lent and advent groups and other mission training groups are held throughout the circuit. Several churches now have regular “Messy Church” and community outreach programmes to provide food, clothing and support.
Our churches serve the local community through coffee mornings, luncheon clubs, toddlers, friendship groups, craft groups, book clubs all reaching out into the community. We have strong links with the two Methodist/Anglican Schools in our circuit and received a grant to support our appointment of a Schools and Church Family worker. The town Centre church works with the homeless and offers a food bank which is strongly supported by all the other circuit churches. Many church buildings are used on a regular basis for community activities by outside agencies including Age Concern, Healthy Living, U3A, Sure Start and are also home for many scout and guide association groups. Many of these groups had been on hold because of the government restrictions due to the coronavirus (Covid-19) pandemic but are now beginning to open again with appropriate safety procedures in place.
A lot of the work in the circuit is done on a voluntary basis and includes that of Circuit and church officers, commissioned Lay Persons, Local Preachers and Worship Leaders, members and secretaries of all the church committees and those assisting in running children’s work etc. Ministerial and lay staff members, along with volunteers within the church, continue to undergo Safeguarding training. The appointment of the Transforming Church and Communities organisation to manage day to day circuit finances, and the transfer of the current account to Unity Trust Bank with subsequent online facilities has improved the circuit’s ability to monitor our financial activities more effectively.
From a financial perspective, the Managing Trustees consider that the performance of the charity this year has been satisfactory. Despite the losses due to the coronavirus pandemic, Stipends and Salaries have been covered, circuit property managed and kept in reasonable repair and external expenses covered.
Both the Circuit and individual Churches are continuing to review the links within their communities and we appointed a diaconal minister from September 2020 to assist with developing this work.
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Wigan Methodist Circuit Report of the Trustees for the Year Ended 31 August 2021
STATEMENT OF TRUSTEES RESPONSIBILITIES
The trustees are responsible for preparing this report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year. The statements must give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charity SORP;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the Circuit Meeting on 07/12/2021 and signed on its behalf by:
Rev. Shaun Swithenbank
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Wigan Methodist Circuit Report of the Trustees for the Year Ended 31 August 2021
Appendix
Managing Trustees 2020/21
The trustees are the members of the Circuit Meeting as set out below as at 31 August 2021:
| Circuit Staff | Revd Shaun Swithenbank; Revd John Hilton; Revd Sheila MacInally; Revd Richard Towle; Deacon Kathy Lamb, Mr Jim Whelan, Mrs Sandra Morris, Mrs Vivienne Lowe |
|---|---|
| Circuit Stewards | Mrs Margaret Sowerby;Mrs Olwen Calland;Mrs Norma Holgate;Mr John Hughes |
| Sec. of Preachers’ meeting |
Mr Ken Vernon |
| World Mission Fund | Miss Eileen Smalley |
| MHA | Mrs Susan Foster |
| Action for Children | Mrs Carol Littler |
| Circuit Safeguarding | Mrs Agnes Houghton |
| Treasurer; Steward + 2 reps from Church Councils | |
| Aspull | Mrs Lisa Brabrook;Mrs Karen Eddleston;Mr Allen Howarth;Mrs Agnes Houghton |
| Bispham | Mrs Elizabeth Bold;Mrs Jill Prosser;Mr Alan Roby;Mr David Wilcock |
| Blackrod | Mr Barrie Thompson;Mrs Margaret Smith;Mr John Tapp |
| Clowes | Mrs Margaret Wright;Mrs Kathleen Lord;Mrs Linda Winrow |
| Crooke | Mrs Ruth Chapman;Mr Brian Seed;Mrs Vivienne Fletcher |
| Goose Green | Dr John Rylance;Mr John Selley;Mrs Gill Harrison |
| Ince | Mr GaryCalland;Mrs Olwen Calland;Mr Paul Johnson;Mrs TraceyWaterworth |
| Orrell Post | Mr George Sandiford;Mr John Arrowsmith;Mr Alan Gibson |
| Queen’s Hall | Mrs Margaret Parker;Miss Ruth Russell;Miss Eileen Smalley;Mrs Lynne Hopkins |
| Shevington | Mrs Elaine Ashcroft;Mr Eddie McHugh;Mrs Evelyn Barrow |
| Spencer Road | Mr Brian Kelly;Mr Bryan Shepherd;Mrs MaryLloyd |
| Standish | Mr James Porter; Mr John Grayson;Mr David Pilkington;Mr Andrew Sharrock |
| The Vale | Mrs Janet Thomas;Mr Martin Ade-Hall;Mrs Ruth Ade-Hall;Mrs Liz Maxwell |
| Reps to Synod | Miss Jean Budworth;Mr John Hughes;Mr Ken Vernon |
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Wigan Methodist Circuit Statement of Financial Activities for the Year Ended 31 August 2021
| Income 1 Donations and legacies 2 Income from monetary investments 3 Income from investment properties 4 Assessments on Churches 5 Capital Receipts 6 Grants received 7 Other charitable income 8Total income Expenditure Expenditure on charitable activities: 9 Grants and donations 10 Stipends, salaries, NIC and pension costs 11 Property maintenance 12 Connexional assessment & model trust levy 13 District Assessment & Levy 14 Depreciation 15 Office, administration and travel expenses 16 Other outgoings 17Total charitable expenditure 18 Gains/(losses) on monetary investments 19 Gains/(losses) on investment properties 20Net income/(expenditure) 21 Transfers between funds 22 Other gains/(losses) 23Net movement in funds 24 Total funds brought forward 25 Total funds carried forward |
Note General Fund (Unrestricted) Circuit Model Trust (Unrestricted) Designated Funds (unrestricted) Restri cted Funds Total 2020-21 Total 2019-20 £ £ £ £ £ £ 1,192 433 1,625 283 65 1,222 1 1,288 2,069 17,250 6,903 24,153 32,421 202,972 202,972 230,827 288,840 288,840 255,079 2 10,000 10,000 10,000 2 574 11,951 12,525 22,517 222,053 290,062 6,903 22,385 541,403 553,196 |
|---|---|
| 170 80 250 795 3 204,951 19,791 224,742 203,384 43,060 930 43,990 40,157 95,536 95,536 79,122 57,648 11,359 69,007 58,009 0 0 19,838 536 20,374 10,813 6 9,172 9,172 1,750 334,839 107,431 930 19,871 463,071 394,030 |
|
| 435 435 (43) 0 0 (112,786) 183,066 5,973 2,514 78,767 159,123 78,400 (78,400) 0 0 0 0 (34,386) 104,666 5,973 2,514 78,767 159,123 |
|
| 63,978 268,119 16,093 16,648 364,838 205,715 29,592 372,785 22,066 19,162 443,605 364,838 |
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Wigan Methodist Circuit
Balance Sheet
for the Year Ended 31 August 2021
| Fixed Assets | Note | General Fund (Unrestricted) £ |
Circuit Model Trusts (Unrestricted) £ |
Designated Funds (Unrestricted) £ |
Restricted Funds £ |
Totals 2021 £ |
Totals 2021 £ |
Totals 2020 £ |
|---|---|---|---|---|---|---|---|---|
| Circuit Manses & Equipment | 7 | 1,497,157 | 1,497,157 | 1,417,935 | ||||
| Other Properties | 1,089,357 | 1,089,357 | 1,338,665 | |||||
| Investments | ||||||||
| Total fixed assets | 2,586,514 | 0 | 0 | 0 | 2,586,514 | 2,756,600 | ||
| Current Assets | ||||||||
| Debtors | 8 | 13,763 | 1,639 | 15,402 | 25,481 | |||
| Loans by the Circuit | ||||||||
| Investments with TMCP | 1,207 | 372,785 | 159 | 374,151 | 275,478 | |||
| Central Finance Board Deposits | 13,443 | 13,443 | 33,398 | |||||
| Cash at Bank and in hand | 9,000 | 22,066 | 18,650 | 49,716 | 54,087 | |||
| Total current assets | 37,413 | 372,785 | 23,705 | 18,809 | 452,712 | 388,444 | ||
| Current liabilities | ||||||||
| Creditors (due in under 1 year) | 9 | 9,107 | 9,107 | 23,606 | ||||
| Grants payable within 2020-21 | 0 | 0 | ||||||
| Total current liabilities | **9,107 ** | **9,107 ** | 23,606 | |||||
| Net current assets/liabilities | 28,306 | 372,785 | 23,705 | 18,809 | 443,605 | 364,838 | ||
| Total assets less current liabilities |
2,614,820 | 372,785 | 23,705 | 18,809 | 3,030,119 | 3,121,438 | ||
| Long term liabilities (due after more than oneyear) |
||||||||
| Grants payable after 2019-19 | ||||||||
| Loans to the Circuit | ||||||||
| Net assets | 2,614,820 | 372,785 | 23,705 | 18,809 | 3,030,119 | 3,121,438 | ||
| Funds of the Circuit | ||||||||
| General Fund (Unrestricted) | 2,614,820 | 2,614,820 | 2,820,577 | |||||
| Circuit Model Trust Fund (Unrestricted) |
372,785 | 372,785 | 268,120 | |||||
| Designated Funds (Unrestricted) | 23,705 | 23,705 | 16,093 | |||||
| Total Unrestricted Funds | 3,011,310 | 3,104,790 | ||||||
| Restricted Funds | 18,809 | 18,809 | 16,648 | |||||
| Endowment Funds | ||||||||
| Total Funds | 2,614,820 | 372,785 | 23,705 | 18,809 | 3,030,119 | 3,121,438 |
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Wigan Methodist Circuit Cash flow Statement for the Year Ended 31 August 2021
| 2021 | 2020 | |
|---|---|---|
| Statement of cash flows | £ | £ |
| Cash from operating activities | ||
| Net cash used in operating activities | (215,781) | (95,383) |
| Cash flows from investing activities | ||
| Dividends and interest from investments | 1,288 | 2,069 |
| Proceeds from the sale of tangible fixed assets | 288,840 | 247,804 |
| Net cash provided by investing activities | 290,128 | 249,873 |
| Change in cash and cash equivalents in the year | 74,347 | 154,490 |
| Cash and cash equivalents at the beginning of the year | 362,963 | 208,473 |
| Cash and cash equivalents at the end of the year | 437,310 | 362,963 |
| 2021 | 2020 | |
| Reconciliation of net movement in funds to net cash flow from operating activities | £ | £ |
| Net income for the period (as per Statement of Financial Activities) | 78,767 | 159,123 |
| Adjustments for: | ||
| Dividends and interests from investments | (1,288) | (2,069) |
| Capital receipts | (288,840) | (247,804) |
| Decrease/(increase) in debtors | 10,079 | (3,949) |
| (Decrease)/increase in creditors | (14,499) | (684) |
| Total cash generated from operating activities | (215,781) | (95,383) |
| 2021 | 2020 | |
| Analysis of cash and cash equivalent | £ | £ |
| Cash at bank | 49,716 | 54,087 |
| Central Finance Board Deposits | 13,443 | 33,398 |
| Trustees for Methodist Church Purposes deposits | 374,151 | 275,478 |
| Cash and cash equivalents at the end of the reporting period | 437,310 | 362,963 |
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Wigan Methodist Circuit Notes to the Accounts for the Year Ended 31 August 2021
1 Basis of accounting policies
i Accounting standard
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective from 1 January 2015) - (Charities SORP (FRS 102)).
ii Public benefit entity
The Wigan Methodist Circuit meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical costs or transaction value unless otherwise stated in the relevant accounting policy note(s) below.
iii Basis
These accounts have been prepared on the basis of historical cost except that investments are shown at their market value at the end of the year. The accruals basis has been used and trustees present accounts that show a true and fair view of the Circuit’s financial position and activities.
iv Content
The financial information presented is relevant, reliable, comparable and complete. Where estimates are used these are based on experience, research, and judgement. The accounts are expressed in £ Sterling, rounded to the nearest pound.
v FRS102 SORP2015 (applies to 2016-17 onwards)
The accounts have been prepared in accordance with applicable charity law in England this being the Charities Act 2011, The Charities (Accounts and Reports) Regulations 2008 SI 2008/629 and Accounting and Reporting by charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with FRS 102.
vi Going concern
Based on the monetary assets and human resources available at 31 August 2021, the trustees believe that the Circuit is a going concern.
vii Consolidation
The Circuit has denominational regulatory oversight in respect of the work of the Churches within the Circuit but has no legal or operational control of those Churches and their governing bodies except in extreme circumstances. For this reason, the financial statements of Churches within the Circuit are not consolidated into these financial statements.
viii Income recognition
Income is brought into account when there is entitlement and the amount is reliably measurable once it is more likely than not that the economic benefit of the income will be forthcoming.
Individual amounts categorised as Other income in the SOFA will be shown separately if they are considered material.
The Circuit acts as agent in two matters:
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the collection from Churches and payment over of their contributions to various funds controlled and administered by The Methodist Church
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"Connexional Funds"
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the administration (application, collection and disbursement) of grants requested by Churches within the Circuit from, but not limited to, the District and Connexion. In all these matters the transactions are not reflected in the SOFA because they are the income of either the Connexion or Churches as appropriate. Instead, the transactions are disclosed in the Notes to the Accounts as required by SORP (FRS102), module 19.12n.
In accordance with the Charities SORP (FRS 102), the time of volunteers is not recognised. If goods are donated, a value will be shown in the SOFA or Notes where the value is considered material.
ix Expenditure
This is recognised when a liability is incurred, or a constructive obligation arises, where the amount is reliably measurable and it is considered more likely than not that there will be an outflow of economic benefit.
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Wigan Methodist Circuit Notes to the Accounts for the Year Ended 31 August 2021
x Grants
Grants made by the Circuit from its own funds are recognised in full at the time of agreement or when the Circuit accepts that there is a legal or operational obligation to make the payment. When the grant is recurrent over more than one year the balance payable in future years is treated as a provision for future commitments in the Balance Sheet against the appropriate fund, the provision being released in future years as instalments are paid in accordance with the originally agreed terms.
xi VAT
Since the Circuit is not VAT registered, all input VAT is charged with the expenses to which it refers.
xii Tangible fixed assets
These are capitalised if they can be used for more than one year, and individually cost at least £250. The freehold and/or long leasehold residential property is shown in the accounts at March 2021 deemed values, being the insurance reinstatement according to Methodist Insurance as at March 2021. No depreciation is provided on the buildings because the trustees consider the current residual fair value of the manse buildings (on the assumption that it had reached the end of its useful economic life by the year-end) to be not less than its current value. Any depreciation would not be material. The property has been reviewed for impairment.
From time to time the Circuit may be required to assume responsibility for Church premises following closure and cessation of worship. This results in the Circuit becoming Managing Trustees for the property. At that time the property is recognised as an asset at its anticipated net sale price as determined by professional valuation. Expenditure on such assets, if held for reinvestment of the proceeds, as the trustees determine, likely to enhance sale value is capitalised at the time expenditure is incurred.
xiii (a) Investment Properties
From time to time the Circuit may hold residential property (formerly manses) which is surplus to its normal staffing requirements. Where this is the case and it is anticipated that the property is unlikely to be used as a manse within a period of two years, the property is classified as Investment Property (whether let out or not) and any lets are at market rates unless there is a compelling reason not to do so in furtherance of the Circuit's charitable objectives
xiii (b) Investments
The Circuit's investments are in monetary assets classified as basic financial instruments under FRS102 and are held by the Trustees for Methodist Church Purposes (TMCP) as custodian trustees. The valuations, at market value, are those provided by TMCP. The unrealised gains arising on investments are shown in the SOFA.
xiv Debtors and Prepayments
Debtors are stated at the amounts owed to the Circuit or prepaid.
xv Creditors and Accruals
Creditors are initially recognised at settlement amount after any trade discounts, or the amount advanced to the Circuit. Creditors include both sundry expenses and specifically the 1st quarter assessment received in August.
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Wigan Methodist Circuit Notes to the Accounts for the Year Ended 31 August 2021
2. Detailed Analysis of Individual Fund Movements for Restricted and Designated Funds
| Restricted Fund Name |
Opening Balance |
Incoming Resources |
Resources Expended |
Transfers | Closing Balance |
Purpose of the fund |
|---|---|---|---|---|---|---|
| Aspull School |
158 | 1 | 0 | 159 | Support for Aspull School | |
| Childrens & Youth Work |
16,490 | 21,951 | (19,791) | 18,650 | Available for funding outreach and development work focussed on children and youth |
|
| Closed Churches |
16,093 | 6,903 | (930) | 22,066 | Designated for the maintenance of closed churches prior to repurposing or sale |
|
| Totals | 32,741 | 28,855 | (20,721) | 40,875 |
3. Staff Costs
Staff Costs paid during the year were:
| Stipends, salaries and benefits in kind Social security costs Pension costs Apprenticeship levy Total staff costs Expenses (Travel, accommodation and other expenses incurred in the normal course of employment) Average number of full-time equivalent employees in the year were: |
Ministers (trustees) £ |
Lay staff £ |
2020/21 £ |
2019/20 £ |
|---|---|---|---|---|
| 128,136 | 47,923 | 176,059 | 149,185 | |
| 12,684 | 1,449 | 14,133 | 10,169 | |
| 32,613 | 1,058 | 33,671 | 26,689 | |
| 641 | 238 | 879 | 745 | |
| 174,074 | 50,668 | 224,742 | 186,788 | |
| 19,236 | 70 | 19,306 | 16,050 | |
| 5.0 | 2.2 | 7.2 | 6.5 |
No employee received remuneration amounting to more than £60,000 in either year.
Wages and salary costs includes £263 in respect of redundancy payments in 2021 (2020: £nil).
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Wigan Methodist Circuit Notes to the Accounts for the Year Ended 31 August 2021
4. Trustees’ remuneration and expenses
| 4. Trustees’ remuneration and expenses | ||
|---|---|---|
| 2020/21 £ |
2019/20 £ |
|
| Payments made to trustees for additional services provided to the Circuit byagreement with the Circuit Meeting |
0 | 0 |
| Number of trustees who werepaid expenses | 0 | 0 |
| Total amountpaid | 0 | 0 |
| There were no trustees' remuneration or other benefits for the year ended 31 August 2021 or the year ended 31 August 2020 other than thatpaid to ministers and laystaff in the normal course of their duties and disclosed above. |
5. Fees for examination or audit of the accounts
| 5. Fees for examination or audit of the accounts | ||
|---|---|---|
| 2020/21 £ |
2019/20 £ |
|
| Independent examiner’s or auditors' fees for reporting on the accounts |
600 | 600 |
| Other fees (eg: advice, accountancy services) paid to the independent examiner or auditor |
0 | 0 |
| Total | 600 | 600 |
6. Other outgoings
| 2020/21 £ |
2019/20 £ |
|
|---|---|---|
| Impairment of trade debtors | 8,190 | 0 |
| Other outgoings | 982 | 1,750 |
| Total | 9,172 | 1,750 |
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Wigan Methodist Circuit Notes to the Accounts for the Year Ended 31 August 2021
7. Fixed Assets (including investment properties)
| Cost or valuation Balance brought forward Additions Revaluations (+/-) Disposals (-) Transfers * (+/-) Balance carried forward Accumulated depreciation Balance brought forward Depreciation charge for year (-) Revaluations (+/-) Disposals (-) Transfers (+/-) Balance carried forward Net book value* Brought forward Carried forward |
Manses occupied by ministers £ |
Manses not occupied by ministers £ |
Church buildings £ |
Fixtures, fittings and equipment £ |
Payments on account and assets under construction £ |
Total £ |
|---|---|---|---|---|---|---|
| 820,175 | 597,760 | 1,338,665 | 0 | 0 | 2,756,600 | |
| 45,778 | 33,444 | 80,692 | 159,914 | |||
| (330,000) | (330,000) | |||||
| 0 | ||||||
| 865,953 | 631,204 | 1,089,357 | 0 | 0 | 2,586,514 | |
| 0 | 0 | 0 | 0 | 0 | 0 | |
| 0 | ||||||
| 0 | ||||||
| 0 | ||||||
| 0 | ||||||
| 0 | 0 | 0 | 0 | 0 | 0 | |
| 820,175 | 597,760 | 1,338,665 | 0 | 0 | 2,756,600 | |
| 865,953 | 631,204 | 1,089,357 | 0 | 0 | 2,586,514 |
8. Analysis of debtors
| Due within one year | 2020/21 £ |
2019/20 £ |
|
|---|---|---|---|
| Trade debtors | 0 | 8,190 | |
| Prepayments - General | 13,763 | 13,952 | |
| Prepayments - Restricted | 1,639 | 0 | |
| Accrued income - restricted | 0 | 3,339 | |
| Total | 15,402 | 25,481 |
9. Analysis of creditors
| Amounts failing due within one year | 2020/21 £ |
2019/20 £ |
|
|---|---|---|---|
| Other Creditors | 4,132 | 3,704 | |
| Prepaid Assessments | 4,975 | 19,902 | |
| Total | 9,107 | 23,606 |
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Report of the Independent Examiners To the Trustees of Wigan Methodist Circuit
We have examined the financial statements of Wigan Methodist Circuit for the year ended 31 August 2021. The financial reporting framework that has been applied in their preparation is applicable law and the Financial Reporting Standard for Smaller Entities (effective April 2008) (United Kingdom Generally Accepted Accounting Practice applicable to Smaller Entities).
This report is made solely to the charity's trustees, as a body, in accordance with Section 144 of the Charities Act 2011 and regulations made under Section 154 of that Act. Our independent examination has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our examination work, for this report, or for the opinions we have formed.
Respective responsibilities of trustees and independent examiners.
As explained more fully in the Statement of Trustees Responsibilities set out in their report, the trustees are responsible for the preparation of the financial statements which give a true and fair view.
We have been appointed as independent examiners under Section 144 of the Charities Act 2011 and report in accordance with regulations made under Section 154 of that Act.
Our responsibility is to independently examine and express an opinion on the financial statements in accordance with applicable law and International Standards on Auditing (UK and Ireland). Those standards require us to comply with the Auditing Practices Board's Ethical Standards for Independent Examiners.
Scope of the independent examination of the financial statements
An inspection involves obtaining evidence about the amounts and disclosures in the financial statements sufficient to give reasonable assurance that the financial statements are free from material misstatement, whether caused by fraud or error. This includes an assessment of: whether the accounting policies are appropriate to the charity's circumstances and have been consistently applied and adequately disclosed; the reasonableness of significant accounting estimates made by the trustees; and the overall presentation of the financial statements. In addition, we read all the financial and non-financial information in the Report of the Trustees to identify material inconsistencies with the audited financial statements and to identify any information that is apparently materially incorrect based on, or materially inconsistent with, the knowledge acquired by us in the course of performing the examination. If we become aware of any apparent material misstatements or inconsistencies, we consider the implications for our report.
Opinion on financial statements
In our opinion the financial statements:
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give a true and fair view of the state of the charity's affairs as at 31 August 2021 and of its incoming resources and application of resources for the year then ended;
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have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
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- have been prepared in accordance with the requirements of the Charities Act 2011.
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Report of the Independent Examiners To the Trustees of Wigan Methodist Circuit
Basis of Independent Examiner’s Report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below.
Independent Examiner’s Statement
In connection with my examination, no matter has come to my attention:
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(1) which gives me reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with Section 130 of the Charities Act.
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached
There has been a reduction in total funds during the year of £91,602, leading to a fall in the balance sheet value (i.e. total funds) to £3,029,836 (2019 - £3,121,438). Nevertheless, the finances of the circuit appear to be in a healthy position as at the date of these accounts.
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters where the Charities Act 2011 requires us to report to you if, in our opinion:
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the information given in the Report of the Trustees is inconsistent in any material respect with the financial statements; or
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sufficient accounting records have not been kept; or
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the financial statements are not in agreement with the accounting records and returns; or
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we have not received all the information and explanations we require for our audit.
Company: Haslam Financial Services Ltd
12 New Church Road, BOLTON BL1 5QP
Signature : Date: 19[th] November 2021 Name: Peter Haslam ACCA CIMA
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