CIRCUIT RECEIPTS AND PAYMENTS ACCOUNTS THE METHODIST CHURCH STANDARD FORM OF ACCOUNTS ROSSENDALE METHODIST Circuit FOR THE YEAR ENDED 31 August 2025 North West En land Dlstrict Clrcult no 1130 Registered Charity- Charlty Rggi$tratlon number 1139489 If not a registered charity HIS Majesty's Revenue and Customs Glft Ald number (The HMRC number is equivalent lo a registered charity number in terms ol evidence of charitable slalus and may be used lo give to donors or gTanl funders wishing lo see evidence of the organisalion's charitable stslus. Melhodisl charities in England and Wales that are not Tegislered charllles are excepted from registration under Statutory Instrument 2014 No.242) Ministers.. Rev D Burrow Ilefl 31108120251 Rev R Fox (stsrted 01109120251 Circuit Stewards.. Mrs J King Mrs J Webster MT Neal Barfool Mrs Janet Helm Mr Richard Watts Treasurer. Mr M 8utterworth d2025
ACCOUNTS FOR THE YEAR ENDEO 31 August 2025 ROSSENDALE METHODIST Circuit r•gtrl¢ted Model Trust R•stdct•d Fund5 Fund Funds T*)tsls thls year Totals last year SECTION A a1 RECEIPTS Notè a2 A5585smenVShare 85,000 85,000 100,700 a3 34 Capital reiptS 8ank and CFB interest and Inve51menl income 1,330 638 52 2,020 4,602 a5 Grants 29,900 29,900 6,703 86 Other reThpts TOTAL RECEIPTS 6,703 21,769 a7 122,933 638 S2 123,623 la81 127.071 SECTION b1 b2 PAYMENTS StipèrKJs. salaries. NIC, Pension and travel costs 53.(X)1 $3,001 74.394 Manse Gosts 10.633 10,633 1.779 Adminislralion elc 3,642 96 3,738 7.400 b5 District A55es5rnenl 20,144 741 20.88S 19,688 Grants & donations 3.593 10.000 13,593 2,976 b7 Other payrnen15 TOTAL PAYMENTS 10,908 10.908 9.968 b9 101,921 10.837 112.758 Ib91 116,20S SECTION C NET RECEIPTSIPAYMENTS FOR THE YEAR la74>9} 21,012 110.1991 52 10,865 10.866 Total funds broughl I03rd from last year 47,266 29,653 22,371 93.290 Ic61 82,426 Sub total {c1+c21 62.278 19,454 22.423 104.15S 93,292 Transfers and adjuslmenls Ic71 CS TOTAL FUNDS AT END OF YEAR 1¢3+e4} 62.278 19,454 22,423 104.155 1¢81 93,292 Ic61 SECTION O FOR INFORMATION ONLY: MONEY RECEIVED AND PASSED ON TO EXTERNAL ORGANISATIONS Ihè$e amounts should nol be Included in total recèi slpayments above) Balance brought fotward from la51 year OfferingslGrfts - recewed for external organlsab.ons OffeTing51Grfts- passed to exlemal organisations BALANCE STILL TO BE PASD Id1 + d2- d31 d1 d2 d3 SFA r¢-T and2025 2of5
ROSSENDALE METHODIST Clrc F CIRC AND INIERWIL ISA NREP SECMON E Pl••$rfollwth•Guldanc• NoiAs lo corn •t• thls Summary DI thè Circuit gctounls for yearended 31 August 2025 9nd Inl•mal OTganl$At)n¥ reportlng to t Circ1 meetg. Notelhal Ihg fund5 of an Inlerna1 OrgJrMsalKTrThw0d normally bB Ra5trittèd funds unSS dearty shown IhBI they be u¥9d for any Mèth1$1 purp098. Thi5 8diDn mugl bè CoMpted to arnve al the gr05s ieceipls and paymgnls iot81? of Ihp Circuil. IlgTDS9 InC¥A exceed9 the ArUS Ihreshdd ol £250.000, Ihgn Ihg Accrua15 ITh0 ofa¢Cting AWA DIFFERENT FORM musl used lo rewt th8 ac(x)wts lsa8 MbthodL%l Wabsrttl. Pl6o$e r8181 la Ihè guidanc• notBs rè9arding Iransf815 ts¥een Ihg Circuil and Ciituil OrgBni$alk)ns. INTERNAL (xtGP24LSAmOMS NetReceWlsI P•ym#ni$ oni Recwpts AV51nE8 Clo8iry balatK85 sth iotsl of Internal CryaniSaOnI tur cirtult e¢ount brought lor•id Irorn pffj•2- totali CDluTrml 123.6 1IZ,750 10,865 93,290 C61 104,155 HELD BY CIRCLIIT 123,02J 10,865 93.790 104,155 C(11 a s#paiaio hBet it llBcs8aryahd briw ltthiylo8Id TOTNLf¢ECEIPTS TofAL PAYMENTS SECMON F TATE WT AND L171e OPENING CLOSING BALANCES CIRCUIT- CASH FUNOS HELD al Sl • Ca5hln hand ceA¢COun1 22.386 15.334 Bar Dopo$rt AL C8nlial Finatu 6tr4rd 18.861 46.944 Trusie•sfor Nl8lhDdist cmrth 52.025 41.877 0r lurth 3UB TOTAL 93.292 104,155 To&1 bYIrtw (yni4dorts1th9 doslr•J balanco IDtals abuVFI1•121 TOTAL CASH FUNDS HELO BYCIRCUIT 93,292 104,155 SECTrON G 07HER ASSETS •Trl LE6 I Swembw 1024 J1 Aug 2U25 Itm$tI(ndlth EThJtyvmentBI not85 m In%urane ¥aluel 3.517.954 5.322.898 her Ayets Lopnlyl. #hwamunl tIndIng ai fftr4tsJ OIMrUalUo$ 14 IrtILle mly Fundshddal Central Flnxe 8rd (S IrK4Lth QDty CFB Funds TN&v5 Iw Puw8e6 g1 I11ry01V•5I8I[1fI thc4Bh•l8m8nt D1ThP Iru$i aceowlstrls knIIM ISI w215 3015
Name of Circuit .. 12 &Th.Q.ALC M.&. Trl.yi9.¢.S..r........ No. I Declarations and Scrutiny I confimi that these Receipt and Payment based accounts for the year to 31 August 2025 have been prepared from the records of the Circuit and that they include all funds under the control of the Circuit meeting. Signature of treasurer Name and address of treasurer 6B*.7Iq... Post Code..... Presentation to the Clrcuit meeting I confirm thal the annual report and accounts for the year ended 31 August 2025 werelwill be. 01 presented to the Circuit meeting held on Signalure of the Chair of the meeting Name of the Chair of the meets'ng Date . Oi Independent Examiner's Report to the Trustees of the Circuit Charity Number .lJ.3.9.+gg Responsibilities and basis of report I report to the trustees on my examinalion of the accounts of the . Circuit for Ihe year ended 31 Augusl 2025 set out on pages .1. to_l.. As the Circuit's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 {'the Act.). I report In respect of my examination of the Circuit's accounts carried out under sedion 145 of the Act and, in carrying out my examination. I have followed all the applicable Directions glven by the Charity Commission under section 14515)Ib) of the Act. delete or circle as appropriate SFAdrwit-r and2025 4015
Name of Clrcuit Independent Examiner's Statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination {other than that disclosed below'l which give me cause to believe that in, any malerial respect.. the accounting records were not kept in accordance with section 130 of the Act., or the accounts do not accord with the accounting records. I have no concems and have come across no other matters in connection with the examination lo which attention should be drawn in thls report in order to enable a proper understanding of the accounts to be reached. I haveikne** obtained independent verification of all investments with the Trustees for Methodist Church Purposes or held in other trusts, bank balances and funds at the Central Finance Board of the Methodist Church which are individually in excess of £10,000 (ten thousand pounds) at the balance sheet date. Signature of independent examiner Name of independent examiner Relevant professional qualification of independent examiner FaaA Name of firm (where appropriate) Address Post Code Date delete or circle as appropriate SFA circult-r andJ)-2025 5ofS
ROSSENDALE METHODIST CIRCUIT Trust alra Cir¢uit Reserves Polic Year ended 31 Au ust 2025 This document includes a15 funds held by the Circuit Meeting as charity Iruslees. Our reserves policy relates to our general lunrestrictedl funds which are freely available to be used for all or any of the purposes of the Circuit. Olher funds are also included for the sake of clarity and openness and lo show that the Circuit has a policy for the management of all ils money and not simply those which are identified as reserves. Aims Our aims are 0fOld.. 11 To secure and sustain the Circuit's viability and future al a time when we have seen a reduction in the number of Presbyters in Rossendale and a significant decline in the number of Presbyters available for Stationing 21 To give reassurance lo the general public that the Circuit. which is a charity, intends to use all the money coming into its care for the purposes of the Charity. 3 Step Process 111 Mlssion policy The Circuit's Mission policy Is sel out in a separate document and has been approved by the Circvil Meeting las the charity trustees). Essentially, it provides for'.- lal The ministerial oversight and pastoral care of the 5 local church centres in the circuit. Ifollowing the closure of one 3110812024 Ibl The support of a ministry team of 1 Presbyter minister, and 1 part time lay worker. Icl The maintenance of the 2 Circuit manses, one of which is let lfrom 1010912016} 121 Financlal Plans The Circuit assessment is reviewed annually and covers the costs of 1 lal Ib} and Ic} above and is based on offers from each church towards a share of the totsl costs This has been supplemented since 131 September 2016 by the saving made by not employing another Presbyter, as well as income from the manse which is let for £1,300 per month. The Circuit Fund lunreslricted general fund} balance at year end was £62,278. The Circuit also has unreslricled trust funds available of £22,423 which means total available funds of £84,701 Under Standing Orders, the Circuit must meet its financial obligations in relation to the support of its ministers and the maintenance of the manses The total cost for the last financial year was £112,760. The cost for employing 1 lay stsff is met by savings from only having a single Presbyter. W)ilst our reserves policy is lo try and hold al least six months. expenditure In hand, we have a budget sel which is broadly neutral in that the anticipated expenditure is matched by the eslimaled income and as such we always have sufficient funds in hand to meet any unexpected calls on our reserves. This is our Operabonal Continuity Reserve OCR. Circuit Model Trust Fund IReslricted fund) balance al year end was £19.454. This fund derives from sales of chapels and manses and is restricted by the Conference. The Circuit now operates with a BLJsiness Team that serve5 both the Circuit and the combined Rossendale Methodist Church This team awards grants that it see5 fit for use by
the Circuit andlor the Church. Grants from the CMTF during the year were approved by the Distncy and TMCP. 131 Reservos Policy The Charity Commissioners have agreed that il is appropriate for the Iruslees to Sel a policy for the management of this fund and that that policy is sel out below".- Money held in the CMTF has been earmarked by the trustees for the following purposes'.- £10.000 for general Circuit purposes The Circuit has committed lo maintain all 5 Church Centres in the Circuit but has also ststed 8 clear objective of Making Jesus Known. Thus. the priorities are not simply to maintain al all costs bul rather lo maintain Churches so that they can make Jesus known in all areas of Rossendale. Therefore, the very limited resources of the advance funds are largeled at activities which seek lo Make Jesus Known and inleracl with the local communitses. The funds will support proieclsl which.. offer the Good News of Jesus", encourage bold ventures where churches seek lo deepen discipleship. £10,000 was paid out during the year for general Circuit Purposes, but the Iruslees believe it is likely that most of these funds will be required within the foreseeable ftjlure. Noie thai applications rnust olso meet the priorities of Ihe Methodist Church and Oiir C¢tlling.