REGISTERED CHARITh NUMBER: 1140223 Tnjslees, Re orta Un8udiled Firiancial Slalements for the Year Ended 31 Au ust 2024 ROCHDALE AND LITTLE80R DIST CIRCUIT GH SKS Ba118y Group Llmlied 2 Hgap Brfdge Bury BL9 7HR
ROCHDALE AND LITfLEBOROUGH METHODIST CIRCUIT Conlènls of tha Flnancial Stat8ments for the Year Ended 31 Au ust 2024 Page TrLtslee8' Report 1to4 Independent Examiner's Report Statement of Flnancial Activities Balance Sheet Notes to the Financial Ststements 8 to 11
ROCHDALE AND LITTLEBOROUG METHODIST IRCUIT Trustees. Re for the Year Ended 31 Au ust 2024 The trjslees present their report and the unaudited financlal stslements of the charity for the year endad 31 August 2024. OBJECTIVES AND ACTIVITIES Princlpal objectives and policies The purpose of The Methodist Church is as laid down in the 1932 Deed of Union. They are the advoncement a} The Christian faith in accordanc8 with the doctrinal standards and discipline of The Methodist Church, bl Any charitable purpose for the time being of any Connexional, Distric( Circuit, local or other organisalion of The Methodlsl Church, Gl Any charitable purpose for the time belng of any society or Inslllution subsSdSary or ancillary to Th6 Methodist Church. d} Amy purpose for tho Ilme being of any charity being 8 charlty subsidiary or ancillary to The Melhodlst Church. The Circuits mission is based upon the Methodist Churches Vision Document°Our Calling" as follows: with 4 themes Worshlp- Increasing awareness of God's presence and lebratiOn of God's love. Leamlng and Caring - Growing and learning through mutual support and care. Service- To be a good neighbour and challenge injusllce. Evangelism- Make more followers of Jesus Christ The Circuit and its churches seek to be a spiritual influence in the community and a visible expression ol God's inclusive love. We aim lo achieve this by en¢ouragSng, through the churches in our Circuit, acts of worship, social, and outreach acthsities Ihal currently exist, bul also to seek new ways tD extend lo others the fellowshlp of the Church Family. 3 ministers are currently slalioned to the Circull and together wSth Local Preacher5. worship l¢aders and rgtired minister's work with th¢ 11 local Churches lo hold regular Acts of Worship. The Circuit produces a quarterly preachlng plan to ensuro that regular acts of worship lake place as iequired in each of the 9 Melhodisl Churches and In our 2 Local Ecumenical Partnership Churches. These services are open to all people without charge. The ministers also work with the churches lo support outreach and mission inlg the local communities Working mainly wrfch young and older peopl8 through youth clubs. lunch clubs, craft clubs, care home visits, school assemblies at various community schoL)Is and al our MelhodisVAngllcan Prfmary School. where one of our ministers is Chaplaln and Governor. The Circuit website is active, and each one of our 11 churches are linked into it. In their management and govemance of the charity the Trustees have had regard to Its objects and lo the Guidance issued by the Charity Commission on public benefit. The Circuit makes grants to Circuit churches of up 10 113rd of the cost for repalrs and maintonance to the property or to SUPF)Ort outreach into the communily. Investment policies are as sel out in the Model Trust Deeds of the Methodist Church. The clrcult does not have programme related investments. All inveslmenls are vi8 the Trustees for Methodist Purposes or the Central Finance Board of the Methodist Church and income is used as prescribed by the investment trusts. All lay mernbers of the Circuit board of Trustees are volunteers who give their services freely, attending a minimum of 3 circuit meetings together with various subcommittees. An estimate of 400 10 450 hours per annurn.
ROCHDA E AND LITTLEBOROUGH METHODIST CIRCUIT Trustees, R¢ ort for the Year Ended 31 Au ust 2024 ACHIEVEMENT AND PERFORMANCE Clrcult Revlew Within the CSrcult there have been a number of new Inltialives to reach out to the comrnunity including partnership with a community lad group using church premises and investment in pald workers used lo Co-ordinate community activlties and ouireach. Preliminary high level discussions have taken place about the church community in the Litueborough area meeting together lo consider ways of suppotfj'ng each other, sharing facilities and ideas. Numbers of attendees on a Sunday hove remained stable with some churches increaslng and other8 slightly ecreasing. The Circuit continues in ils development of new ways of being church, sustaining the principles of our charity, offering virtual meetings and rneeling in person to support diversity, sustaining our communty work, VAth some of our buildings being used for food banks, charity shop5 and cafes. Safeguarding - The Circuit continues to follow the Connexional Policy on Safeguarding. Each church has a safeguarding representative and the circuit administrator is the safeguarding officer in the Circuit lo ensure the adoption of safe practice amongst children and vulnerable adults. Church representatives will continue to receive training and refresher training. Ministerial Invitations - There have been no new invitations during the connectional year 2023124 Creating stable plafform for our Ministers to support our churches wilh ministy and outreach. LcKal preachers there have been no changes to the number of local pr8achers this year. Summary of thg main achievements of the charity, identifying the differenc8 the Chaty'S work has made to the clrcumslances of ils beneficiaries and any wider benefits to society. Para 1.20 The three active ministers and the support of Local Preachers has ensured conlinuily lo the Circuit and its churches. Continued training in safeguarding ensures that best practice can be assured in caring for vulnerable people in our ¢ongregations and in our mission outreach. Grant giving has enabled churches to take forward their vision for the future by making necessary improvements lo their buildings lo make them fil for purpose and financial SUPPOrt for paid workers Go-ordinabng oulreaoh to the lo1 Communities has increased our profile in the Iocol area. FINANCIAL REVIEW Roserve$ Poll General Fund: To hold a maximum of approx. srx month's budgeted general fijnd expenditure Gosts. 2024125 budgeted expenditure is £225,112 therefore six months is £112,556. Circult Advanced Fund.. In order lo support tha mission and outreach of the 11 Circuit Churchgs the Circuit needs the support of three minislers. It is agreed that any short fall In annual Incorne could be supported by up lo 60% of the Ix)st of one minister. b. Grants to Churches of up lo 113 of any applicatlon for Minor propoty works or community outrgach projects. c. Reserves for any major repair to manses on ministerial exchanges. d. Distri¢l Levies top sliced based on Connexional poli¢y- 2023124 was £145,894. In the 2023124 8¢counts: . a. 79.59% of the Circuits income was provided by the local Churches. b. 73.16% of income was spent on ministerial and lay worker pay and related travel and m8nse costs. c. 16.5Vo of income received represented our contribution lo the Dlsthct, and the wider Méthodist Connexion. d. The romainder cover5 cos15 of local preachers. expenses, grants lo Churches and gener81 adminlstralion. Pago12
ROCHDALE AND LIThLEBOROUGH METHODIST CIRCUIT Trustees, Re ort for Ihe Year Ended 31 Au ust 2024 All investments are under Ihg govem8nce of the Trusteès for Methodist purposes and thereforg vered by Ihelr investment policy. The principal rlsks to the Gharily are declining church attendance and inflationary costs. plus the natlonal shortage of presbyters. These dsks are reviewed annually with representatives from the local churches. STRUCTURE, GOVERNANCE ANO MANAGEMENT Govemlng document Rochdale and Lillleborough Methodist Circuit is governed by Circuit of the Methodist Church, Methodist Church A¢l11976). Deed of Union119321 and the Model Trust Deeds of Ihe Methodist Church. How is the charity constituted.. Act of Parliament Twslee Selection Methods.. Appointed by the local Churches and exlsling trustees. Ministers are automatically Ituslees. Churches in the circuit are members of the Churthes together Ecumenieal p8rtn8rships Range of guidance produced by Methodist connection. Leaflet The role of a Trustee in the Methodist Church. available for all Iruslèes. REFERENCE AND ADMINISTFiATIVE DETAILS Reglstered Charity number 1140223 Registered offlce 10 Whitfield Crescent Ngwhey Rochdale Lancashire OL16 4NA Trustegs Adrian Walton Bleackley lappoinled on 14103120241 Andrew Hardwick Anna Malnul Beryl Tattersall Catherine Varfey Colin Wass David Greenwood lappoinled on 2510712024} David Kerr David Wheatley Diane Hardwick Dilys Pearson Glennis Crossley Graham Booth Helen Neilsen Jackie White Jacqueling Whitsker Janice Hicks Janel Bower Janice Knol Jean Spencer Jill Hamnell Page13
ROCHDALE AND LIThLEBOROUGH METHODIST CIRCUIT Trustees, Re ort for the Year Ended 31 Au ust 2024 REFERENCE AND ADMINISTRAllvE DETAILS Trustees Jillian Copley Joan Burrows Joan Tatters8 John Carson John Daffomè (resigned on 1211212024) Joy¢e Sanger Ken Peden Kenneth Grlffin Leonte O'Donoghue Les Birkett Margaret Browning {resigned on 0211112023) Mike Bennion Nancy Frankland Neil Helliwell Nlchola Hgllwg11 (aprM)inled on 2710712024) Nigel Eves (appoinled on 2110712024) Pauline Mackay Peter Sanger Rev Carl Howarth (reslgned on 1210912023) Rev John Malnut Rev Marcianne Uwimana Rev Lawren Copley Rev Ruth Jackson Rosamund Beal (appointed on 0511212024) Ruth Tunnicliff8 Simba Gomwe Stephanie Peden Slephen Ashworth Steven Tunnicliffe Susan Oowning Sylvi8 Wild Vivienne Collinson Treasurer Cath Varf&y Approved by order of the board of trust885 on 27th February 2025 and signed ts behalf by: Rev Ruth Jackson- Superinlendent Minister Mrs Calh Varl8y- Treasure Page14
endgnl Examiner's Re ort lo the Truste sof ROCHDALE AND LirfLEBOROUGH METHODIST CIRCUIT I report to the Iruslees on my 8xamination of the accounts of Rochdale and Littleborough Methodist Circuit for the year ended 31 st August 2024 as set out on pages 6 10 7. Respe¢tlve ResponsIbili¢S ol Trustees and Examlner As the charlty's Iruslees you are responsible for the preparallon of the accounts in accordance wlth the requirements of the Charities Act 2011 I'lhe Act"). The charity's trustees consider an aLJdit is not required for this year under section 144 of the 2011 Act. and that an independent examination is needed. 11 is my responsibility a5 independent examiner to- oxamine the accounts under section 145 of the 2011 Act follow the applicable D1ctionS given by the Charity Commissioners under sectlon 145{5)Ibl of the 2011 Act, and to slate whether particular matters have come to my attenllon Basis of Independent Examiners Report My examination was carried out in accordance with the D1ctionS 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.11 also includes considerallon of any unusual items of disclosures in tha accounts, and seeking explanat¢ons from the Iruslees conceming any such matters. Thè procedures undertaken do not provide all the evidence that would be required in an audit, and consequendy I do not express an audit opinion on the accounts. Independent examlnerfs statement I havo completed my examination for the year ended 31st August 2024. I can confirm that no rnalerial matters have come lo my attentson in connection with the examlnatlon which gives me cause to believe that in. any material respect.. accounting records were not kept in accordance with Section 130 of the 2011 Act or the accounts do not accord with the accounting records to comply with the accounting requirements ofthe2011 Act I have no concerns and have come across ne other matters In connection with the examinallon to whlch attention should be drawn in this report in order to enable a proper understanding of the accounts lo be reached. rs J Roach A.C.A Independent Examiner SKS Bailey Group Limited 2 Heap Bridge Bury BL9 7HR Pag815
ROCHDALE AND LITTLEBOROUGH METHODIST CIRCUIT Slalemenl of Financial Activities for the Year Ended 31 Au ust 2024 Unrestricted Funds Restricted Endowment 2024 2023 Fund$ Funds Total Funds Total Funds RECIEPTS Assessment on Churches Bank & Trust Interest Donations lo Clrcuit Funds Rental Income Other Income Investment In¢ome Collection for Extemal OrganiSatnS Income from Sale of Trinty Church Total Rècèlpts PAYMENTS Ministers S8lari&slNIIPensions Ministars Trav81 Expenses Ministers Office Expenses Lay Worker Salartes & Expenses Manses Rep8lrs & Maintenan¢e Manses Councll T8x. Water & Insuran Property Inspections Circuit Admin Costs Visiting Preachers Allowance District Assessment Sundry Donatlons Collections lo Extemal Organisations Accountancy Fee Investment Charges CMTF Charg8S Clgsing Churches Expenses Grants lo Churches N&w Loans lo Churches Professional Fee Total Payments NET INCOMEIIEXPENDITUREI Other recognlsedl unrecognlsed galnsl {lossesl Unrealised gainsl{lossesl on revaluation of manses Unrealised gainslllossesl on investment assets Realised Galns I Ilossesl on sale of m8nses Surplusl{deficitl for the year RECONCILIATION OF FUNDS Total fund5 broughl fotwar TOTAL FUNDS CARRIED FORWARD 181,635 4.596 346 181.635 4.596 346 171,628 2.431 280 4,500 12.159 2,942 492 18,599 848 18.599 17,660 914 15,898 424,734 630,758 424,734 647,570 914 15.898 194.432 123.107 2.802 2.082 11,003 16.003 11,963 5,220 3,504 675 37,668 966 123,107 2,802 2,082 11,003 16,003 11,963 5,220 3.504 675 37.668 966 114,300 3.356 3,573 9.424 15.257 15,174 3.912 5,503 615 35,704 300 492 1.920 10.004 145,894 8.509 1,555 1,920 11,309 145.894 8,509 1.555 1,800 1.438 100,818 5.444 2,523 3,880 4,956 328,468 1134,0361 502 803 382,875 247,883 S02 803 15.095 3B4.180 263.390 412 50.000 50.01)O 2,241 461 1,780 11,2461 7,000 {128,282} 297,883 873 16,875 318631 1.386.560 1,684,443 17,505 18.378 27.780 44,655 1,431,845 1.747,476 1,560,127 1.431.845 CONTINUING OPERATIONS All income and exponditure has aris8n from contlnulng aotivitios. 'Page16
ROCHDALE AND LITTLEBOROUGH METHODIST CIRCUIT Balance Sheet 1Au Notès 2024 Totsl Funds 2023 Total Funds FE0 ASSETS Premlses 1.130,000 1.080,000 CURRENT ASSETS Debtors Short T8rm Invesimants Cash al bank and in hand 10,397 541.789 99,560 651,746 10.079 280,912 86,854 377.845 CURRENT UA8ILmES Creditors 134,2701 (26.000) Tor ASSET8 LESS CURRENT UABIUTIES 617,476 351.845 NEf ASSErs 1.747A76 1,431,845 FUNt)s Unreskncted funds Rgslrict8d fvnd5 Endowm•nt fvnds 1.684.443 18.378 44.655 1,386,560 17,505 27.780 TOTAL FUNDS 1.747.476 1,431,845 Th8 fin8nLaal stal*))onts wère approved by th6 Board of Twstees on the 27th February 2025 and $igngd on their behaK= Rev Ruth JaCks(- Suwintendent Ministsr Mrs Cath Varfoy- Treasuie Page17
ROCHDALE AND LITTLEBOROUGH METHODIST CIRCUIT Notes to the Financial Statements for the Year Ended 31 Auousl 2024 1. ACCOUNTING POLICIES The financlal statements have been prepared in accordance whh the Cha5 goveming document , the Charilles Act 2011, FRS 102 "The Flnanclal Reporting Standard applicable In the UK and Republlc of Ireland" I"FRS 102.) and the Charities SORP 'Accounting and Reporting by Charfties- Ststemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021. {effective 1 January 20191. The Charity is a Public Benefil Entity 8s defined by FRS 102. The financlal slalemenls have departed from the Charities (Accounts and Reports) Regu181ions 2008 onty lo the extent required lo provKle a true and fair view. This departure ha5 involved following the Stslemenl of Recommended Practice for charities applying FRS 102 rather than the version of the Slalement of Recommended Practice which is refarred to in thé Règulations but which has since been withdrawn. The financial slat8menls are prepar8d in slerting, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nea$t £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopled are sel out below. INCOMING RESOURCES All incorne is recognised once the charity has enlill8menl lo the income. 11 is probable that the incorne will be received, and the amount of incom8 ra¢8ivable Can b8 measured reliably. RESOURCES EXPENDED l expenses are allocated or apportioned to applicable expenditure headings. Liabilities artr recognised as expenditure as soon as there is a legal or conslruclive obligation committing the charity lo that expenditure, il is probable that settlement will be required, and the amount for the obligation can be measured reliably. PREMISES Market value of premises, along with any re81ised gainslllossesl, are shown 2t year end. INVESTMENTS Unllsled equity Investments are initially recorded at cost, and subsequently measured at fair value. If fair value cannot bè reliably measured. assets are measured al eost less Impairment. Llsled Investments are measured 81 fair valu8 with changes in fair valve being recognised in income or expenditure. Taxation The charity is a gIStered ch3rity and, therefore, is not liable for Income Tax or Corporation Tax on income deiived from ils charitable activities. as it falls within the various exemptions available to registered charities. Creditors and provisions Creditors and provisions are recognised where the charity h8S 8 psent obligation resulting from a past event that will probably result in the transfer of funds lo a third party and the amount due lo Sett the obligation can be measured or eslimated feliably. Creditors and provisions are normally recognised al their seluement amount after allowing for any trade discounts due. Ca$h flow statemant The charitable incorporated organisalion qualifies as a small charity and a(fvanlage has been taken of the exemptlon provlded by SORP (FRS 1021 as amended by Bulletin 2, not to prepare a cash flow statement. Page18
ROCHDALE AND LITTLEBOROUGH METHOOIST CIRCUIT Notes to the Financial Slalements for the Year Ended 31 Au ust 2024 Volunteers and donat•d servlc•s and facilities Donated professional setvic&s and donated facilities are rècognlsed 8s InGome vthen th8 charSty has control over the item. any conditions associated with the donated Item have been met, the teceipt of economlc benefit from the use by the charity of Ihe Item is probable and that economic benefit can bg measured reliably. In accordance with the Charities SORP IFRS 1021, the general volunteer time is not recognised and r0f8rs lo the truslee$' annual report for more infomiation about thelr contribution. On receipt. donated professional seNices and donated facilities are recognised on the basis of the valuo of the gift to the charity which is the amounl the ¢harily would have been willing lo pay lo obtain services or facilities of equivalent economic benefit on the open markel- a ¢orresponding amount is then recognised in expenditure in the period of receipt. No such donations were reiVed during the year. Debtors Trade and other d8btors ar8 recognised al the Settlement amount due after any trade discount offered. Prepayments are valued at the amount prepald nel of any trade discounts due. Accrued income and tax recoverable is included at the best estimate of the amounts receivable at the balance sheol date. Critical accounting estimates and Judgèments n the application of the Charity's accounting policles, the trustees are required lo make judgements, estimates and assumptions about the carrying amount of assets and liabililies th81 are not readily apparent from other sources. The eslimales and associal8d assumptlDns are based on historical experience and other f8¢tors th81 are considered lo be relevant. Actual results may differ from these estimates. The eslimales and und8yIng assumptions are reviewed on an ongoing basis. Revisions to accounting esllmates are recognised In tho perlod In which the estlmate is revlsed where the revision affects only that period, or in the period of the revision 8nd ftjture periods where the revisSon aff9cls both current and fulure periods. 2. TRUSTEES, REMUNERATION AND 8ENEFITS There were no trustees. remuneration or olher benefits for the year ended 31 August 2024 llor for the year ended 31 August 2023. TRUSTEES. EXPENSES There were no trustees. expenses paid for tha yaar ended 31 August 2024 nor for the year onded 31 August 2023. 3. STAFF COSTS No employges r8ceived emoluments in excess of £60.000. 4. INDEPENDENT EXAMINATION FEES 2024 2023 Fees payoble lo the independent examiner for.. Independent examination of the financial statements 1,920 1,800 Page19
ROCHDALE AND LITTLEBOROUGH METHODIST CIRCUIT Notes to the Financial Statements- continued for the Year Ended 31 August 2024 S. TANGIBLE FIXED ASSETS 2024 2023 M8rf(et value at 1st September 2023 Dlsposal Reallsed galnl{lossl in revaluatlon of manses Market v•lue at 31st August 2024 1.080.000 1,390,000 (310,000} 50,000 1.130.000 1,080,000 6. INVESTMENTS Cash or cash •qulvalent$ Ll$tèd Invèstmènts Total 2024 Cost or valuatlon At 1 September 2023 Additions 236,591 424,734 1172.4491 5,894 44.321 280,912 424.734 (172,4491 8,592 Disposals Fair value movements 2,698 At 31 August 2024 494,770 47,019 541,789 Impaimient At 1 September 2023 and 31 August 2024 Carrying amLTrunl At 31 August 2024 494,770 47,019 541.789 Al 31 August 2023 236.591 44.321 280,912 7. DEBTORS: AMOUNTS FALUNG DUE VIITHIN ONE YEAR 2024 2023 Debtors 10.397 10,079 8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Aecruals and Deferred Income 34,270 26.000 Pagel 10
ROCHDALE AND LITTLEBOROUGH METHODIST CIRCUIT Notes lo the Financial Slalements - continued for the Year Ended 31 August 2024 9. MOVEMENT IN FUNDS At 01.09.2023 Not movements In funds At 31.08.2024 Unrestricted fund Restricted fund Endowment fund 1.386,560 17,505 27.780 297.883 873 16,875 1,684,443 18.378 44,655 TOTAL FUNOS 1,431,845 31 5,631 1,747.476 Nel movement in funds. included In the above are as follows.. Incomlng resources Resources e¥p¢nded Galns and losses Movement in funds Unrestricted fund Restricted fund Endowment fund 630.758 914 {382.8751 {5021 (8031 {384.1801 so,000 461 1,780 297,883 873 16.875 1S,898 TOTAL FUNDS 647,570 52.241 315.631 Comparatlves for movement In funds At 01.09.2022 Net movements in fund5 31.08.2023 Ullreslricted fund Restricted fund Endowment fund 1.514,832 17,252 28,043 1128,2721 253 263 1.386.560 17,505 27,780 TOTAL FUNDS 1,560,127 128,2821 1,431,845 Net movement in funds. included in the above are as follows.. Incoming resour¢os Resources expended Galns and 10ss9S Movement In funds Unrestiirted fund Reslricled fund Endowment fund 193,068 527 {328,3401 {48) 180) 7.000 1226) 11.021) {128,2721 253 12631 837 TOTAL FUNDS 194,432 1328,468 S.754 1128.2821 Page111