REGISTERED CHARITY NUMBER: 1140223 TTUStee5' ort and Unaudited Financial Statements for the Y&ar Ended 31 Au ust 2025 for ROCHDALE AND LirfLEBOROUGH METHODISTCIRCUIT RAA North East Ltd 3 Sheen Road Rlchmond, United lfjngdom TW9 1AD
ROCHDALE AND LITTLEBOROUGH METHODIST CIRCUIT Contents of the Financlal Stal6m8nts for the Year Ended 31 Au ust 2025 P8ge Truste8s' Report 1 tos Independent Examlnels Report Statement of FSn8ncial ActlviU•s B8lanc8 Sheet Notes to the Financial Slatements 9 to 12
ROCHDALE ANO LIThLEBOROUGH METHODIST CIRCUIT Trustees, R8 fDr the Year Ended 31 Au ust 2025 Ths truste8s present their report and the unaudited fir)ancial statements of the charity for th8 year &nd8d 31 August 2025. OBJECTIVES AND ACTIVITIES Principal objectives and policles The purpose of The Methodist Church is as laid down in the 1932 Deed of Union. They are the 8dvancement al The Christian faith in accordance with the doctrinal standards and discipline of Thè Methrlst Church, bl Any charitable PLJrpose for the time being of any Connexional, District, Circuit. k>cal or other organisation of The Methodist Church c) Any Charitable purpose for the lime being of any sociely or InstituOn subsidiary or ancillary to The Methodist Church, dl Any purpose for the time being of any charity being a charity subsidiary or ancillary lo The Methodist Church. The Circuits rnission Is based upon the Methodist Churches Vision Document Our Calling. as follows.. ilh 4 theme5 Worshlp- increasing awaTene5s of God's presence and celebration of God's love. Leamlng and Carlny- Growing and leaming through mutual support and care. Servlce- To be a good neighbour and challenge injusti. Evangelism- Make more followers of Jesus Christ The Clrcxjlt and ils chur¢he8 seek to be a spiritual influence in the ctsmmunity and a visible eXpsSion of God's inclusfve love. We aim to achieve this by encouraging, through the churches in our Clrcuil, acts of worship, social, and outreach activities that currently Exlst, but also to SE&k new ways lo exiend to others Ihe fellowship of the Church Family. 3 ministers are currently stationed to the Circuil and togetherwith Local Preachgrs, worship leaders and retired ministerfs work with the 10 local Churches to hold regular Acts of Worship. The Circuit produces 8 quarterly preaching plan to ensure that regular acts ol worship lake place as required in each of the 8 Methodist Churches and in our 2 Local Ecumenical Partnership Churches. These seNices are open to all people without chargè. The ministers also work wth the ¢hurGhes to support outreach And mission into th8 local communities working mainly with young and c>lder people through youth clubs, lunch clubs. craft clubs, care home visits. school assemblies at various community schools and 8t our M8thodisVAnglican Primary School, where one of our ministers is Chaplain and Governor. The CiTCUIt website is active, and each one of our 10 churches are linked into it. In Ihelr management and governance of the charity the Trustees have had gard lo its objects and to the Guid8nce issued by the Chartty Commission on public benefit. Policy on grant making The Circuit makes granls to Clrcult churches of LJP to 1fJrd of the cost for repairs and malntenance to the property or to support outreach into the community. Smaller grants are available through the Youth and Children's forum for the furtherance of work with children and young people wthin Circuit churche5. Pagel 1
ROCHDALE AND LITTLEBOROUGH METHODIST CIRCUIT Trustees, R8 ort for the Year Ended 31 Au ust 2025 Poliry on soclal Investment Includlng program related Investment Investment poliaes are as set out in the Model Tnjst Deeds of the Methodist Church. The circuit does not have programme related (nvestments. All investments ar8 Via the Trustees for Melhodist Purposes or the Central Finance Board of the Methodlst Church and Income is used as prescribed by the investment trusts. Contrlbutlons ma(le by volunteers All lay members of the Circuit board Df Trustees are volunteers who give their services freely, attending a minimurn of 3 circuit meetings together wilh various subcommitttres. An estimate of 400 to 450 hours per annum ACHIEVEMENT AND PERFORMANCE Circult Revlew- Al the December 2024 Circuit meeting the updated Mission plan was accepted and 15 to be reviewed annually to keep the document allve and encourage all work within the church8s and circuit to be Mission based. Th9 Circuit m8mb8rship numbers have stsbilised and are gradually increasing in some churches. However, the overall numbers within the Circuit now only require 2 ord81ned ministers insle8d of the previous 3. The Circuit continues in its development of new way5 of b8ing church, sustaining the principles of our Charity, provKling worship online, virtual meetiTigs and meeting in pèrson, sustaining our communty work, sorne of our buildings being used forfood banks, café or charity shop. Safeguardlhg - The Circuit Contlnues to follow the Connexional Policy on Safeguarding. Each church has a safeguarding PreSentative and the circuit administrator is the safeguaTding officer in the Circuit to ensLsre the adoption of safe pr8Ctice amongst children and vulnerable adults. Church representatives TMII continue to receNe training and refresher training. Mlnlstèrlal Invltatlons The Circuit Board of Trustees approved the Circuit Invitation Cornmittee at thelr Circuit rneeting in June 2025 ID Consider the invitation of our Superintendent. Following consultstions wlh the churches and a rneeling of the CIC a mutual decision was made that our SupeTinlendent of 10 years would move ID a new Circuit in Seplemb6r 2026. A Profile of the Circuit and a description of the Superintendency role has been submitted and it is 8XP8Cted that a new Superintendenl will be appointed for September 2026. Resources - Following the sale of a manse and 2 churches over the pa513 years the Circuit now has £500k in its trust fund available for purchase of More suitable manses and foi ongoing Mission work and lay work8r salaries due to the reduction of ordained ministers_ Local Preachers - There is one Local Preacher in trainlng. The local preBcheTS and Worship leaders are vital to ensure suitable Worship is offered in each of our churches alongslde our ordained ministers. The appointment of ministefs 8nd accr8ditation ofloy preachers has ensured eonlinuty lo the CiTCUit and ils chur¢hes. Continued training in safeguarding ensures that best practice can be assured in caring for vulnerable peop]e in our congregations and in our mission outreach. Grant giving has enabled churches lo take forward their vision for the future by making necessary improvernents to their buildings to make them fit for purpose. Grnnts supporting lay workers has allow8d th8 church to extend its pastoral and rnission work. Page12
ROCHDALE AND LIThLEBOROUGH METHODIST CIRCUIT Trustees. Re ort for the Year Ended 31 Auaust 2025 FINANCIAL REVIEW Reserves Policy General Fund: To hold a maximum of approx. six month's budgeted general fijnd expenditure costs. 2025126 budgeted expenditure is £184.589 therefore six months is £92,295. Circuit Advanced Fund: In c>rder to SLJPPOrt the mlssion and outreach of the 10 Clrcuit Churches the Circuit needs the 8UPPOrt c>f thT&e ministers. 8.lt is agrÈ8d that any short f£ll in annu81 income could be supported with general funds short térm. b. Grants to Churches of up to 113 of any application for Minor property works or community Out£ch projects. c. Reserves for any major repair to manses on ministerial exchanges. d. District Levies based on Connexional policy- 2024125 was £38,535. In the 2024125 accounts.. 72.33% of the Circurts income was provided by the local Church88. b. 68.39% of income was spent on ministerial and lay worker pay and ielated travel and manse costs. c. 16.5% of income received represented our contribution to the District, and the wider Methodist Connexion. d. The remainder covers costs of local preachers, expenses, grants lo Churches and general administration. All investments are under the governance of the TfUSte&s for Methodlst purposss and therefore covered by their investment policy. The princlpal risks to the charity are declining church attendance and inflationary costs. u$ the natDnal shortage of presbylers. These risks are rewewed annually with representatives from the l(Kal church8S. STRUCTURE. GOVERNANCE AND MANAGEMENT Govèming document Rochdale and LrttleborDugh MethodistCir¢uil is govemed by Circuit of the Methodist Church. Methodist Church Act119761, Deed of Union119321 and the Mod81 Twst Deeds of Ihe Methodist Church. How is the charity constituted.. Act of Parliament Trustee Selection Methods.. Appointed by the local Churches and existing Iruste8s. Mlnlsters are automalically Iruslees. Churches in the arcuit are members of the Churches together Ecumenical partnerships Range of guidance produced by Methodist connectlon. Le8llel The role of a Trustee in the Methodist Church, available for all trustees. REFERENCE AND ADMINISTRATIVE DETAILS Registered Chartty numbfrr 1140223 Registered office 10 Whiffield Crescent Newhey Rochdal8 Lancashir& OL16 4NA Pag813
ROGHDALE AND LifrLEBOROUGH METHODIST GIRCUIT TnJstees' Re for th8 Year Ended 31 Au ust 2025 Trustee5 Adrian Walton Bleackley Andrew Hardwick Anna Malnutt Beryl Tattersall Catherine Varley Colin Wass David Greenwood David Kerr David Wheauey Deacon Marcianne Uwimana Diane Hardwck Dilys Pearson Eileen Hopkinson (Appointed on 11109120251 Glennis Crossley Graham Booth Helen Neilsen Jackie White Jacqueline Whltaker Janice Hicks Janet Bower Janice Knot Jean Spencer Jillian Copley Jean Burrows Joan Tatters811 John Garson John Daffom8 IReslgned on 1211212024) Joyce S8ng8r Ken Pedan Kttnfteth Griffin Leonie O'Donoghue Lès Birkett Marf( Newman Benger (Appointed on 0910912025 Nancy FrankLqnd Neil Helliwell Nlchola Helliwell Nigel Eves Pauline Mackay Peter Sanger Rev John Malnutt Rev Lawrence Copley Rev Ruth Jackson- Chair Rosamund Beal {Appointed on 0511212024) Ruth Sara Ble8ckley (Appointed on 11109120251 Ruth Tunnicliffe Sirnba Gomwg Stephanie Peden Stephen Ashworth Steven Tunniclrffe Susan Downing Sylvia Wild Vivienne Colllnson Page14
Treasurer Cath Varley Approved by order of the board of trustees on . Zozts. and signed on its behalf by: Rev Ruth Jackson - Superintendent Minister Mts Cath Varley- Treasur8r 'agÈ15
Inde endent Examiner's Re ort to the Trustees of ROCHDALE AND LITTLEBOROUGH METHOOIST CIRCUIT I report to Ihe trustees on my examination of the accounts of Ro¢hdale and Littleborough Mgthodist Circuit for the ya8r trnded 31 st August 2025 as sèt out on pages 6 10 7. Respectlve Responsibilltles of Trustees and Examlner As the charity's trustees you are responsible forthe preparation of the accounts in accordancewith the requirements of the Charities Act 2011 1.the Act'l. The charity's Iruslees consider an audit is not required for this year under section 144 of the 2011 Act, and that an independent examination is needed. It is my responsibility as independent examiner to.. examine the accounts under section 145 of the 2011 Act follow th8 applicable Directions given by the Chatity Commissioners under section 14515llbl of the 2D11 ACL and lo state whether particular matters have come to my attention Basls ot Independent Examiners Report My examination was carried out in accordance with the Directions given by the Charily commission. An examination includes a review of the accounting records kept by the charity 2nd a comparison of the accounts presented with those records. It also includes consideration of any unusual items of disclosure5 in the accovnts, and seeking explanations from the trustees concwnlng any such matters. The procedures undertaken do not provide all the evidence that would be required in an 8udrt, and consequently I do not express an audit opinion on the accounts. Independent examlnevs statement I have completed my examination for the year ended 31st August 2025. I can confirni that no material matters have CLTrme to my attention in connection with the examination which gw&s me cause to believe that in, any material respect.. accounting records were not kept in accordance wlh section 13D of the 2011 Act or the accounts do not 8ccord with th8 accounting rerdS to compty wilh the accounting requirements of the2011 Act I hav2 no concerns and have come across no other matters in cmnection with the examlnatlon to which attention should be drawn in this report in order to enable 2 pfDper understanding of the ac¢Dunts lo be reached. Simon Grellon-watson Independent Examin RAA North East Ltd 3 Sheen Road Richmond. United Kingdom TW9 1AD Page16
ROCHDALE AND LifrLEBOROUGH METHOOIST GIRCUIT StateeTht of Financial Activities for the Year Ended 31 Au ust 2025 Unrestricted Rericted Endowment Funds Funds 2025 2024 Totsl Funds Totsl Funds Funds RECIEPTS Assessmerrt on Churche5 168,816 4,105 1CQ 8.741 632 245,579 427,973 168,816 4.105 100 8.741 22,644 245.579 449.985 181,635 4,596 346 Bank & Trust InleTest tk)nations to Qrcuit Funds Other Ineome 18,599 17,660 424,734 647,570 Intmen1 Incotne Income Sale ol Spotland Total Rec8iPt5 150 21.862 150 21,862 PAYNENTS Ministers Salari8slNIIP8n510nS Ministers Tr8%1 Expenses Ministers Office Expenses Lay Worf(er Salaries & ExtEn5es Manses Repairs & Maintenance Manses thncil Tax, Water & Insurance Prorerty Inspections arcuit Admin Costs Visiting Preachers AIILwanee tislrict Assessment 126.359 3,272 1,901 12,040 2.188 13,864 5.760 4,118 870 126,359 3,272 1,9)1 12,040 2.188 13,864 5,760 4.118 870 123,107 2,802 2,082 11,003 16.003 11,963 5,220 3,504 675 38,535 1.091 2,022 1,608 102,589 19,717 36,440 372.374 55,599 38.535 1,091 37,668 966 Sundry Donations Accojntancy Fee Inv8Stment Charges CMTF Charges Closing Churches Expense5 Grants to urcheS 1,920 11,309 145,894 8,509 1,5 434 631 2,673 102,589 19,717 36,440 Total Payrnents INCOMEIIEXPENOITUREI 434 631 373,439 76,$46 384180 263,390 21,231 Other recogni58dl unrecognised gain 005se4 Unrealised gainslllossesl on re*lualion of manses Unrealised gainslllosses) on inlestment assets Realised Gains I Iloss8s1 on sal8 of m8n5es surplu(ecltI for the year RECONCILIATION OF FUNDS Total rd5 brought forward TOTAL FUNDS CARRIED FORWARD 37.000 37,000 713 50,000 2,241 618 91599 {189) 21,849 114,259 315,631 1,684,443 1,777,042 18,378 1B,189 1,747,476 1,861,735 1,431,845 1.747,476 CONTINUING OPERATIONS All income and expenditvre have arisen from continuing activities. Page17
ROCHDALE AND LirrLE80ROUGH MET ODIST CIRCUIT Balancè Sheet 31Au ust 202 Note$ 202S Total Funds 2024 Totsl Funds FIXEO ASS$ Premisés 1,167.¢JJJ 1.130,000 CURRENf ASSETS Debtors Short Tenn InStMentS 7,405 619,912 109,064 736.381 10,397 541,7e9 99.560 651,746 Cash al bank and In hand CURRENT UABILinES Creditors 141,6461 134.2701 TOTAL ASSEfs LESS CURRW LIABILITIES 694,735 617,476 NET AS8Ers 1,861,735 1,747,476 FUNDS Unrestricted fijnds Restricted ffijnds Endobwnent funds 1.T17,042 18.189 66,504 1,684,443 18.378 44,655 TOTAL FUNDS 1.8fj1,n5 1747,476 The financial staternents were approved by the Board of Trust885 on the beh81r.' Rev Ruth Jackson- Superintgndenl Minlsler Mrs Calh Varfe* Treasurer 'agel8
ROCHDALE AND LITTLEBOROUGH METHODIST CIRCUIT Notes lo the Financial Ststements for the Year Ended 31 Au ust 2025 1. ACCOUNTING POLICIES The flnanclal ststements have been prepared in accordan with the Charity's goveming document , the Charities Act 2011, FRS 102 'The Financial Repothng Standard applicable in the UK and RepubliG of Ireland. I'FRS 102.1 and the Charities SORP 'Accounb"ng and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" (effecb've l January 20191- The Charity is a Public Benefrt Entity as defined by FRS 102. The fin3ntial slAtement5 have dèparted from the Charities {Accounts and Reports) Regulallons 2008 only to the extent required to provide a ttue and fair vSew. This departure has involved following the Ststement of Re¢ommended Practice for charities applying FRS 102 rather than the version of the Statement of Rern[Hended Pratbc8 which is referred to in the Regulations but which has Sin b8en withdrawn. The financial statements are prepared in sterting, which is the functional currency of the Charity. Monetary 8mounts in these financial statements are Tounded to the nearest £. The financial ststements have been prepared underthe hislorKal wslconvention. The principal accounting policies adopted are set out below. INCOMING RESOURCES All income is rg¢ognised once the charity has entitlement to the income. It is probable that the income will be rec8ived. and the amount of income receivable can be measured reliably. RESOURCES EXPENDED Al expenses are allocated or apportioned to applicable expenditure headings. Liabilities are recognised as expenditure as soon 8$ there is 8 legal or constructive obligation commltting the charity lo that expenditure, it is probablè that settlement will be quIred, and the amount for the obligation c8n be rne8sud reli8bly. PREMISES Market value of premi%es. 81ong wlth any realised gainslllossesl, are shown at year end. INVESTMENTS Unlisted equity investmen15 are initially recorded 8t cost, and subseouèntly measured at fair value. If fair value cannot be reliably measured, assets are measured al cost less impairment. Listed investments are measured at fair value with changes in fair value being recognised in Income or expendlture. Taxatlon The charity is a registered chartty and, therefore, is not liable for Income T8x or CorporBtion Tax on income derived from its charitable activities. as it falls within the various exemptions available to registered charities. Creditors and provisions Creditor5 and provisions are recc>gnlsed where the charity has 8 present obligation resultlng from 8 past event that will probably r8suII in the transfer of funds to a Ihird party and th8 amount due to s8tUe the obligation can be m8asur8d orestimated reliably. Cr8dilors and provisions are nDrmally r8cognised at their setuement amount after allowing for any trade discounts due. Cash flow statement The charitable incorporated organisation qualtfies as a small charity and advantage has been taken of the exempb'on provided by SORP IFRS 1021 as amended by Bulletin 2, nol to prepare a cash flow ststemenl. P8ge19
ROCHDALE AND LifrLEBOROUGH METHODIST CIRCUIT Notes to the Financial Statements for the Year Ended 31 Au ust 2025 Volunteers and donated servlces and facilttles Donated professional services and donated facilities are recognised as in¢Dme when the charity has conlrol over the item, any conditions associaled with the don*ed item have been met, the receipt of eeonomic benefit from the use by the charty of the Item is probable and that economic benefrt can be measured reliably. In accord8nce wlth the ChaTilies SORP IFRS 1021. the general volunteer lime is not recognised and refers to the ttustees, annual report for more infomiation about their contribution. On recèipt, donated professional sèrvices and donated facilities are recoJnised on the basis of the value of the gift to Ihe charity which is Ihe amount Ihe chaiity would h8ve btsen wllling to pay lo obtain services or facilities of equivalent economic benefit on the open mark8L a corresponding amount is then recognised in expenditure in the perTod of receipt. No such donations wtrre receivéd dtjring the year. Debtors Trade and other debtors are recognised at the settlement amount due after any trade discDunt offered. Prepayments 8re valued al the amount Ppaid net of any trade discounts due. Accwed incoffle 8nd tax recovfyrabla is Included at thè bgst estimate of Ihe amounts receivab at the balance sh66t date. Crltieal accounting estimates and judgements In the application of the Charity's accounting policies, the trustees are requlred lo make judgements. estimates and assumptions about the carying amount ol a5set5 and liabilities that are nol readily apparent from other sources. The estimates and associated assumptions are based on hislorical experience and other factors that are eDnsidered to be relevant. Actual results may differ from these eslimales. The estimates end underlying 85SUmPtions art reviewed on an ongoing basis. Revisions to 8¢eounting estimates are recognised in the period In which the estimale is revised where the revision affects only that period, or in th8 period of the revision and futur8 Periods wh8re th8 revision affects both current and ftjture periods. 2. TRUSTEES. REMUNERATION AND BENEFITS There were no trustees. retnuneration or other benefits for the year gnded 31 Augusl 2025 nor for the year ended 31 August 2024. TRUSTEES. EXPENSES There were no Irusl8es' 6xpenses pald forthe yèar ended 31 August 2025 norforlhe yoaronded 31 August 2024. 3. STAFF COSTS No employees received emoluments in excess of £60.OOQ. 4. INDEPENDENT EXAMINATION FEES 2025 2024 Fee5 payable to the independent examiner for. Independent examination of the financial statements 1.920 Pagel 10
ROCHDALE AND LITTLEBOROUGH METHODIST CIRCUIT Notes to the Financial Statements - continued for the Year Ended 31 Au ust 2025 5. TANGIBLE FIXED ASSETS 2025 2024 Marffet lue at 1st Seplember 2024 Realis8d gainlllossl in reva1u8tli of manses Market value at 315t August 2025 1, 130,000 37,000 1, 167,000 1,080,000 50,000 1,130.000 6. INVESTMENTS Cash or Ll*d Total cash equlvalents Investments 2025 Cost or valuation At 1 September 2024 Additions Disposals Fair value rnorn8ntS 494,770 245,579 1188,1391 20.254 47,019 541.789 245,579 1188,1391 20,683 At 31 August 2025 572,464 47.448 619,912 Impalrnient At 1 S8pternber 2024 and 31 August 2025 Carrying amount At 31 August 2025 572.464 47.448 619,912 At 31 August 2024 494,TTO 47.019 541,789 7. DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 21)25 2024 Debtors 7,405 10,397 8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 202$ 2024 AccTLrals and Defe)Ted IoMe 41.646 34.270 Pagel 11
ROCHDALE AND LITtLEBOROUGH METHODIST CIRCUIT Notes to the Financial Stalernenls- continued for the Year Ended 31 Au ust 2025 9. MOVEMENT IN FUNDS At 01.09.2024 Net movements At 31.08.202S In funds UnrestThcted fund Restricted fimd 1,684,443 18,378 44,655 92,599 11891 21,849 1.7TT.D42 18.189 66,504 Enthiwment fijnd TOTAL FUNDS 1.747.476 114,2S9 1,861,735 Net M0mènt in funds. includ8d in the abthe are as follows.. Ineomlng resources Re¥Jurces expended Gains and lossès Movement Ttt fttnds Unrestricted fijnd 427,973 150 1372.3741 14341 16311 37,000 S5 618 92,599 1189) 21,849 Restricled fvjnd EndDwment fund 21,862 TOTAL FUND5 449.985 373.439 37,713 114,259 Comparatives for movement in funds At Net At 01.09.2023 movemonts 31.08.2024 In fvnds Unrestricted fjjnd 1,386,560 17,505 27,780 1,431,845 297,883 873 1.684,443 18,378 44,655 Restricted knnd Endowment fuTr 16,875 TOTAL FUNDS 315,631 1.747,476 Net mownent in furKls, included in the abNe are as fdlows." Incoming resources Resources Gains and Movgrn8nt expended lo&qes in funds Unreslri¢te(I fund Restrict8d fund End0)ent fund 63D,758 914 (382.8751 {5021 (8031 1384,1801 50.OQID 461 1,780 2g7.883 873 16,875 15,898 TOTAL FUNDS 647.570 52.241 315.631 Page | 12