CIRCUIT RECEIPTS AND PAYMENTS ACCOUNTS
THE METHODIST CHURCH STANDARD FORM OF ACCOUNTS
South Petherton & Crewkerne
Circuit
FOR THE YEAR ENDED 31 August 2024
| District Plymouth & Exeter Registered Charity - Charity Registration number |
Circuit no 24/18 1139503 |
|---|---|
If not a registered charity His Majesty's Revenue and Customs Gift Aid number
(The HMRC number is equivalent to a registered charity number in terms of evidence of charitable status and may be used to give to donors or grant funders wishing to see evidence of the organisation's charitable status. Methodist charities in England and Wales that are not registered charities are excepted from registration under Statutory Instrument 2014 No.242 )
Ministers:
Rev Andrew Longshaw
Circuit Stewards:
Ken Banks Chris McCullum Elizabeth Beattie
Treasurer:
(acting) Rev. Peter Thomas
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ACCOUNTS FOR THE YEAR ENDED 31 August 2024 South Petherton & Crewkerne Circuit
Un - Circuit
restricted Model Trust Restricted Totals this Totals last
SECTION A Funds Fund Funds year year
a1 RECEIPTS Note £ £ £ £ £
a2 Assessment/Share 67,916 67,916 94,158
a3 Capital receipts
a4 Bank and CFB interest and
Investment income
233 5,193 945 6,372 4,936
a5 Grants 466
a6 Other receipts 7,894 7,894 423
a7 TOTAL RECEIPTS 76,043 5,193 945 82,182 (a8) 99,983
SECTION B
b1 PAYMENTS
b2 Stipends, salaries, NIC, Pension and
travel costs 59,927 59,927 77,937
b3 Manse Costs 60,851 60,851 9,911
b4 Administration etc 1,227 349 65 1,641 2,872
b5 District Assessment 6,373 3,624 9,997 24,522
b6 Grants & donations 210
b7 South Petherton
6,506 6,506
b8 Other payments 7,355 7,355 395
b9 TOTAL PAYMENTS 142,239 3,973 65 146,277 (b9) 115,847
SECTION C
NET RECEIPTS/PAYMENTS FOR
c1 THE YEAR (a7-b9) (66,196) 1,221 880 (64,095) (15,863)
c2 Total funds brought forward from last year 27,386 122,476 22,904 172,766 (c6) 188,630
c3 Sub total (c1+c2) (38,810) 123,696 23,785 108,671 172,766
c4 Transfers and adjustments 63,880 (43,000) (20,880) (c7)
c5 TOTAL FUNDS AT END OF YEAR (c3+c4) 25,071 80,696 2,904 108,671 (c8) 172,766 (c6)
SECTION D
FOR INFORMATION ONLY: MONEY RECEIVED AND PASSED ON TO EXTERNAL ORGANISATIONS
d (these amounts should not be included in total receipts/payments above)
d1 Balance brought forward from last year
d2 Offerings/Gifts - received for external organisations
d3 Offerings/Gifts - passed to external organisations
d4 BALANCE STILL TO BE PAID (d1 + d2 - d3)
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South Petherton & Crewkerne
Circuit
SUMMARY OF CIRCUIT ACCOUNTS AND INTERNAL ORGANISATION REPORTING TO THE CIRCUIT MEETING
SECTION E Please follow the Guidance Notes to complete this page Summary of the Circuit accounts for the year ended 31 August 2024 and Internal Organisations reporting to the Circuit Meeting. Note that the funds of an Internal Organisation would normally be Restricted funds unless it could be clearly shown that they could be used for any Methodist purpose. This section must be completed to arrive at the gross receipts and payments totals of the Circuit. If gross income exceeds the Accruals threshold of £250,000, then the Accruals method of accounting AND A DIFFERENT FORM must be used to report the accounts (see Methodist website). Please refer to the guidance notes regarding transfers between the Circuit and connected Circuit Organisations.
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INTERNAL Net Receipts/ Opening
ORGANISATIONS Receipts Payments Payments Adjustments balances Closing balances
e1
e2
e3
e4
e5
e6
e7
Sub total of Internal
e8 Organisations funds (e11) (e12)
Circuit accounts (totals
brought forward from
e9 page 2 - totals column) 82,182 (a8) 146,277 (b9) (64,095) (c7) 172,766 (c6) 108,671 (c8)
TOTAL CASH FUNDS
e10 HELD BY CIRCUIT 82,182 146,277 (64,095) 172,766 (x) 108,671 (y)
Continue on a separate TOTAL
sheet if necessary and TOTAL RECEIPTS PAYMENTS
bring the totals forward
SECTION F
STATEMENT OF ASSETS AND LIABILITIES
OPENING CLOSING
CIRCUIT - CASH FUNDS HELD at 31 August 2024 BALANCES BALANCES
f1 Cash in hand
f2 Bank Current Account 12,531 22,866
f3 Bank Deposit Account
f4 Central Finance Board 14,855 2,204
f5 Trustees for Methodist Church Purposes 145,380 83,601
f6 Other funds
f7 SUB TOTAL 172,766 (c6) 108,671 (c8)
Total funds held by Internal Organisations (the
f8 closing balance totals above) (e12) (e11) (e12)
f9 TOTAL CASH FUNDS HELD BY CIRCUIT 172,766 (x) 108,671 (y)
SECTION G At At
OTHER ASSETS and LIABILITIES 1 September 2023 31 August 2024
g1 Investments (include Endowments)
g2 Land and Buildings (see notes re Insurance value)
g3 Other Assets
g4 Loan(s) - show amount outstanding at year end
g5 Other Liabilities
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f4 Include only Funds held at the Central Finance Board
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f5 Include only CFB Funds held at Trustees for Methodist Church Purposes
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g1 Include any other investments (not the cash element of TMCP trust accounts this is inserted in line f5)
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Name of Circuit South Petherteon & Crewkerne No 24/18
Declarations and Scrutiny
I confirm that these Receipt and Payment based accounts for the year to 31 August 2024 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 Peter J Thomas Date 15/10/24
Name and address of treasurer 8 Irwell Green, TAUNTON,
…………………………………………………………………………………. Post Code TA1 2TA
Presentation to the Circuit meeting
I confirm that the annual report and accounts for the year ended 31 August 2024 were
presented to the Circuit meeting held on 16th October 2024
Signature of the Chair of the meeting Andrew Longshaw
Name of the Chair of the meeting RevAndrew Longshaw Date 16th October 2024
Independent Examiner’s Report to the Trustees of the
South Petherton & Crewkerne Circuit
Charity Number 1139503
Responsibilities and basis of report
I report to the trustees on my examination of the accounts of the Soiuth Petherton and Crewkerne Circuit for the year ended 31 August 2024 set out on pages 1 to 5 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 section 145 of the Act and, in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
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Name of Circuit Soputh Pedtherton and Crewlerne No 24/18
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*) which give me cause to believe that in, any material respect:
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the accounting records were not kept in accordance with section 130 of the Act; or
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the accounts do not accord with the accounting records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
I have/have not* 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 D Hawkings
Name of independent examiner David Hawkings
Relevant professional qualification of independent examiner C Math
Name of firm (where appropriate) N/A
Address 5 Hither Avenue, ILMINSTER
……………………………………………………………………………….. Post Code TA19 9DA
Date 14/10/24
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It is noted that 3 instalments of the District Assessment (total value £19,119) were not paid during the year.
This debt will carry forward to the 2024-25 year.
D Hawkings
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