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The Lizard and Mounts Bay Methodist Circuit Trustee's Annual Report on Finance and Governance Basis of preparation and legal framework The Charity's annual report and accounts for the year ended 31 August 2025 have been prepared in accordance with the Charities Act 2011 and the Charities.. Statement of Recommended Practice IFRS1021 Full Name of Charity: The Lizard and Mounts Bay Methodist Circuit Registration Charity Number: 1144190 Main communication addre55 Street, Helston, TR13 8EL The Lizard and Mount's Bay Methodist Circuit office, Coinagehall The members of the Lizard and Mounts Bay Methodist Circuit meeting are the Charity Trustees. membership being made up of circuit office holder5, ministers and representatives appointed by the local churches. Circuit Ministers and officers Active Circuit Ministers Rev DP Reed Rev M Fugill Rev R Fugill Circuit Lay Workers Mrs S Reed Mrs T Haslam Other Workers Mrs D Borrett Mrs T Hosking Miss B Harrington Miss C Laity Mrs E Pascoe Mr S Hatch Circuit Steward5 Mrs S Lyne Mrs J Shainberg Mrs V Williams Mrs J Hearn Miss N Scott Mr P Combellack (Treasurer) Mr C Smith Independent examiner Pryor, Begent, Fry & Co 97 Meneage Street, Helston, Cornwall TR13 8RE Investment Bankers Central Finance Board of the Methodist Church Trustees for Methodist Church purp05e5 P8ge2of 19

The Lizard and Mount5 Bay Methodist Circuit Aims and orK¥nisation Charity objective is to att as a Rèsourtè providèr within the arèa around Hèlston Ènd West Cornwall for the MÈthodist Church.. The purposes of the Methodist Church are and shall be deemed to have been since the Date of Union the advancement of.. al The Christian faith in accordance with the doctrin31 standards and discipline of The Methodist Church,. bl Any charitable purpose for the time being of any Connexional, District, Circuit. local or other org8ni5ation of The Methodist Church,. l Any charitable purpose for the tirne being of any society or institution subsidiary or ancillary to The Methodist Church., dl Any purpose for the time being of any charity being a charity subsidiary or ancillary to The Methodist Church The organisation and resourcing of regular public act5 of worship open to mernbers of the church and non mernber5 31ike. ThÈ teathing of Christianity through sermons, toursÈs and small groups. The resourcing of pastoral work including visiting the sick and bereaved. Taking religious assemblies in Ioc31 schools. Promotion of Christianity through the staging of events and services. Provision of chaplaincy 5ervice5 to the local university and other institutions. Public Benefit We confirm the trustees have had regard to the Charity Commission's guidance on public benefit. Stru¢lure, fjovernanre Hnd Management I governing document tor the tircuit Is the Deed Ot union Iiy521 and Metnodlst Church Act 119761 Detailed governance arrangements are outlined within the Constitutional Practice and Discipline of the Methodist Church by order of the annual conference ICPDI. Dayto day managèment of th@ tircuft is undertaken by thè Circuit Leadership tèam along with the Local Preachers meeting, the Circuit Finance and Property Committee and the Circuit Policy Committee. TrusteeTrainlng A range of guidance produced by Methodist Connexion to support the effective running of the circuit, specifically the leaflet The Role of a Trustee in The Methodist Church, is given to all new Circuit meeting members as induction to their role as trustee5. Related PartiÈs The Circuit Is part of the South West Peninsul) Di5tri¢t and is also accountable to the Methodist Conference. The following Methodist Churches are linked to the circuit.. Balwest, Breaney, Central Ib3sed at Helstonl, Crowlas, Goldsithney, Leedstown United, Marazion, Mullion, Porthleven, Ruan Minor, St Keverne, The Lizard & Trinity (Porkellisl. Additionally there is a Circuit Prayer chapel based at Degibna, and two di5Used chape15 at Meneage and Burras with adjoining community buildings. Page3of 19

The Lizard and Mount5 Bay Methodist Circuit Rlsk Management The major risk5 have been identified and recorded by the Circuit Finance and Property Cornmittee with professional advice takèn as rÈquired. There is 3 regu18r annual review process undertaken ènd recorded. Income and Expenditure 15 being monitored in total and is compared with the approved annual budget on a half yearly ba515 to detert trends as part of the risk managernent proce55 to avoid unforeseen c4115 on reserves. Safeguarding Every person has u value ond dignity which comes directlyfrom the creation olmale ondfemale God's own imoge undlikene55. ChristlU115 see thi5 Potentiol osfulfilled by God's re-creution of us in Christ. Among other thing5 thi5 irnplie5 0 duty to vulue Jllpeople 05 becTring the image oAGod CTnd therefore toprotect themfrom hurm. Methodist Connexional practice outline5 commitment to the following principles.. the care 3nd nurture of, and respectFul p45toral ministry with, all childreni young people and adult5 the safeguarding and protettion of all childrÈn, young pèople and adults whèn they arè vulnÈrablÈ • the establishing of safe, caring communities which provide a loving environment where there is informed vigilance 8S to the dangers of 8buse. We will carefully select and train all those with any responsibility within the Church, in line with Safer Recruitrnent principles, including the use of criminal records disclosures and registration with the relevant vetting and barring 5cheme5. We will respond without delay to every complaint tnade which suggests that an adult, child or young person may have been harmed, cooperating with the police and local authority in any investigation. We will seek to work with znyone who has suffered abuse, developing with them an appropriate ministry of informed pastoral care. We will seek to ch3llenge 3ny abuse of power, especially by ?nyone in a P051tion of trust. We will seek to offer pastoral care and support, including supervision and referral to the proper authorities, to any membÈr of our church community known to have offended against a child, young person or vulnerable adult. • In all these principles we will follow legislation, guidance and recognised good practice The Lizard and Mounts Bay Methodist Circuit commits itself to ensuring the implementation of Connexional S?legu3rding Policy,. government legislatloni guidance and 53fe practice in the circuit and i the thurihes. The Lizard and Mounts Bay Methodlst Cir¢Jit ¢omtntts itself to the provision of support. advi¢e and training for lay and ordained people that will ensure pÈople are clear and confident about their roles and responsibilities in safeguarding and promoting the welfare of children and adults who may be vulnerable. ReseThes Policy The Reserves Poliry for the Circuit is to hold 3 minimum sum equivalent to six months, average expenditure. This should be sufficient ro meet any unforeseen Item of major expenditure on manses 8nd I or to be able to continue, in the short term, funding planned activities in the event of èny inability to raise the full Circuit Assessment from churches. At the balance sheet date. the Charity'5 free" reserves amounted to 5.3 months worth of ÈxpÈnditurÈ Ilast yÈar 8.2 monthsl- rÈfer note 25 Page4of 19

Circuit Accruals Accounts

THE METHODIST CHURCH

TEMPLATE REPORT AND ACCOUNTS (ACCRUALS BASIS)

for the year ended 31 August 2025

The Lizard and Mounts Bay Methodist Circuit

----- Start of picture text -----
Registered Charity - Registration number 1144190
South West Peninsula District Circuit No 37 / 14
Ministers Rev D P Reed
Rev M Fugill
Rev R Fugill
Circuit Stewards Mrs S Lyne
Mrs J Shainberg
Mrs J Hearn
Mrs V Williams
Miss N Scott
Mr C Smith
Circuit Treasurer Mr P Combellack
----- End of picture text -----

Registered Charity - Registration number

Page 1 of 19

The Lizard and Mounts Bay Methodist Circuit Trustee’s Annual Report on Finance and Governance

Basis of preparation and legal framework

The Charity’s annual report and accounts for the year ended 31 August 2025 have been prepared in accordance with the Charities Act 2011 and the Charities: Statement of Recommended Practice (FRS102)

Full Name of Charity: The Lizard and Mounts Bay Methodist Circuit

Registration Charity Number: 1144190

Main communication address The Lizard and Mount's Bay Methodist Circuit office, Coinagehall Street, Helston, TR13 8EL

The members of the Lizard and Mounts Bay Methodist Circuit meeting are the Charity Trustees, membership being made up of circuit office holders, ministers and representatives appointed by the local churches.

Circuit Ministers and officers

Active Circuit Ministers	Rev DP Reed	Rev M Fugill
	Rev R Fugill
Circuit Lay Workers	Mrs S Reed	Mrs T Haslam
Other Workers	Mrs D Borrett	Mrs T Hosking
	Miss B Harrington	Mrs E Pascoe
	Miss C Laity	Mr S Hatch
Circuit Stewards	Mrs S Lyne	Mrs J Shainberg
	Mrs J Hearn	Mrs V Williams
	Miss N Scott	Mr P Combellack (Treasurer)
	Mr C Smith

Independent examiner Pryor, Begent, Fry & Co 97 Meneage Street, Helston, Cornwall TR13 8RE

Investment Bankers Central Finance Board of the Methodist Church Trustees for Methodist Church purposes

Page 2 of 19

The Lizard and Mounts Bay Methodist Circuit

Aims and organisation

Charity objective is to act as a Resource provider within the area around Helston and West Cornwall for the Methodist Church:

The purposes of the Methodist Church are and shall be deemed to have been since the Date of Union the advancement of:

a) The Christian faith in accordance with the doctrinal standards and discipline of The Methodist Church;

b) Any charitable purpose for the time being of any Connexional, District, Circuit. local or other organisation of The Methodist Church;

c) Any charitable purpose for the time being of any society or institution subsidiary or ancillary to The Methodist Church;

d) Any purpose for the time being of any charity being a charity subsidiary or ancillary to The Methodist Church

The organisation and resourcing of regular public acts of worship open to members of the church and non members alike.

The teaching of Christianity through sermons, courses and small groups.

The resourcing of pastoral work including visiting the sick and bereaved. Taking religious assemblies in local schools.

Promotion of Christianity through the staging of events and services.

Provision of chaplaincy services to the local university and other institutions.

Public Benefit

We confirm the trustees have had regard to the Charity Commission’s guidance on public benefit.

Structure, Governance and Management

The governing document for the circuit is the Deed of Union (1932) and Methodist Church Act (1976)

Detailed governance arrangements are outlined within the Constitutional Practice and Discipline of the Methodist Church by order of the annual conference (CPD).

Day to day management of the circuit is undertaken by the Circuit Leadership team along with the Local Preachers meeting, the Circuit Finance and Property Committee and the Circuit Policy Committee.

Trustee Training

A range of guidance produced by Methodist Connexion to support the effective running of the circuit , specifically the leaflet ‘The Role of a Trustee in The Methodist Church’ is given to all new Circuit meeting members as induction to their role as trustees.

Related Parties

The Circuit is part of the South West Peninsula District and is also accountable to the Methodist Conference.

The following Methodist Churches are linked to the circuit: Balwest, Breaney, Central (based at Helston), Crowlas, Goldsithney, Leedstown United, Marazion, Mullion, Porthleven, Ruan Minor, St Keverne, The Lizard & Trinity (Porkellis). Additionally there is a Circuit Prayer chapel based at Degibna, and two disused chapels at Meneage and Burras with adjoining community buildings.

Page 3 of 19

The Lizard and Mounts Bay Methodist Circuit

Risk Management

The major risks have been identified and recorded by the Circuit Finance and Property Committee with professional advice taken as required.

There is a regular annual review process undertaken and recorded.

Income and Expenditure is being monitored in total and is compared with the approved annual budget on a half yearly basis to detect trends as part of the risk management process to avoid unforeseen calls on reserves.

Safeguarding

Every person has a value and dignity which comes directly from the creation of male and female in God’s own image and likeness. Christians see this potential as fulfilled by God’s re-creation of us in Christ. Among other things this implies a duty to value all people as bearing the image of God and therefore to protect them from harm.

Methodist Connexional practice outlines commitment to the following principles:

the care and nurture of, and respectful pastoral ministry with, all children, young people and adults
the safeguarding and protection of all children, young people and adults when they are vulnerable
the establishing of safe, caring communities which provide a loving environment where there is
informed vigilance as to the dangers of abuse.
We will carefully select and train all those with any responsibility within the Church, in line with
Safer Recruitment principles, including the use of criminal records disclosures and registration with the relevant vetting and barring schemes.
We will respond without delay to every complaint made which suggests that an adult, child or
young person may have been harmed, cooperating with the police and local authority in any investigation.
We will seek to work with anyone who has suffered abuse, developing with them an appropriate
ministry of informed pastoral care.
We will seek to challenge any abuse of power, especially by anyone in a position of trust.
We will seek to offer pastoral care and support, including supervision and referral to the proper
authorities, to any member of our church community known to have offended against a child, young person or vulnerable adult.
In all these principles we will follow legislation, guidance and recognised good practice

The Lizard and Mounts Bay Methodist Circuit commits itself to ensuring the implementation of Connexional Safeguarding Policy; government legislation, guidance and safe practice in the circuit and in the churches.

The Lizard and Mounts Bay Methodist Circuit commits itself to the provision of support, advice and training for lay and ordained people that will ensure people are clear and confident about their roles and responsibilities in safeguarding and promoting the welfare of children and adults who may be vulnerable.

Reserves Policy

The Reserves Policy for the Circuit is to hold a minimum sum equivalent to six months’ average expenditure. This should be sufficient to meet any unforeseen item of major expenditure on manses and / or to be able to continue, in the short term, funding planned activities in the event of any inability to raise the full Circuit Assessment from churches.

At the balance sheet date, the Charity's "free" reserves amounted to 5.3 months worth of expenditure (last year 8.2 months) - refer note 25

Page 4 of 19

Name of Circuit

The Lizard and Mounts Bay Methodist Circuit

Circuit No 12/14

Statement of Financial Activities (SOFA) for the year ended 31 August 2025

Notes to the
accounts
Income
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
8
Total income
Expenditure
Grants and donations
9
Salaries and associated costs
10
Property maintenance
11
Connexional assessment & model trust levy
District Assessment & Levy
12
Capital Purchases
13
Office expenses
14
Other outgoings
15
Total charitable expenditure
Gains/(losses) on monetary investments
Gains/(losses) on property disposals/reva
16
Net income/(expenditure)
Transfers between funds
17
Other gains/(losses)
Net movement in funds
Total funds brought forward
Total funds carried forward

General Fund
(Unrestricted)
Circuit Model Trust
(Unrestricted)
Designated Funds
(unrestricted)
Restricted Funds
Endowment
Funds
Total
2024-25
£
£
£
£
£
£
-
-
-
9,978
-
9,978
11,390
6,806
-
-
466
18,662
3,951
-
-
-
-
3,951
195,046
-
-
-
-
195,046
-
-
-
-
-
-
20,000
-
-
-
20,000
9,876
-
6,923
-
-
16,799
240,263
6,806
6,923
9,978
466
264,436
201
22,216
-
2,506
-
24,923
221,093
-
-
7,472
-
228,565
23,132
-
4,350
-
-
27,482
42,983
42,983
16,465
4,632
-
-
-
21,097
-
-
-
-
-
-
13,194
-
-
-
-
13,194
28,462
464
742
-
453
30,121
345,530
27,312
5,092
9,978
453
388,365
1
(42)
(41)
550,522
-
-
-
550,522
445,255
(20,505)
1,831
-
(29)
426,552
56,458
-
(56,458)
-
-
-
-
501,713
(20,505)
(54,627)
-
(29)
426,552
2,422,146
142,639
162,637
6,564
17,392
2,751,378
2,923,859
122,134
108,010
6,564
17,363
3,177,930

Page 5 of 19

Name of Circuit

The Lizard and Mounts Bay Methodist Circuit

Circuit No 12/14

Statement of Financial Activities (SOFA) for the year ended 31 August 2024 forming part of previous year's accounts

Notes to the accounts Income 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 8 Total income Expenditure Grants and donations 9 Salaries and associated costs 10 Property maintenance 11 Connexional assessment & model trust levy District Assessment & Levy 12 Capital Purchases 13 Office expenses 14 Other outgoings 15 Total charitable expenditure Gains/(losses) on monetary investments Gains/(losses) on property disposals/reva 16 Net income/(expenditure) Transfers between funds 17 Other gains/(losses) Net movement in funds Total funds brought forward Total funds carried forward	General Fund (Unrestricted) Circuit Model Trust (Unrestricted) Designated Funds (unrestricted) Restricted Funds Endowment Funds £ £ £ £ £	Total 2023-24 £ 16,898 21,880 9,690 195,000 (6,885) 2,550 17,788 256,921 5,599 238,241 32,111 42,983 95,718 - 17,211 30,509 462,372 1,049 75,578 (128,824) - - (128,824) 2,880,202 2,751,378
	1,306 - - 15,592 - 10,603 10,699 - - 578 9,690 - - - - 195,000 - - - - (182,754) 175,869 - - - 2,550 - - - 9,929 - 7,859 - -
	46,324 186,568 7,859 15,592 578
	- - - 5,599 - 128,028 101,584 - 8,629 - 643 27,362 4,106 - - 42,983 91,979 3,739 - - - - - - - - 15,911 1,300 - - - 3,216 24,802 1,918 - 573
	282,760 158,787 6,024 14,228 573
	58 991 75,578 - - -
	(160,858) 27,839 1,835 1,364 996
	9,988 (9,988) - - -
	(150,870) 17,851 1,835 1,364 996
	2,573,016 124,788 160,802 5,200 16,396
	2,422,146 142,639 162,637 6,564 17,392

Page 6 of 19

Circuit No 12/14

The Lizard and Mounts Bay Methodist Circuit

Balance Sheet as at 31 August 2025

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General Fund Circuit Model Designated Funds Restricted Endowment 2024/25 Totals 2023/24
(Unrestricted) Trusts (Unrestricted) Funds Funds
Notes to the (Unrestricted)
Accounts £ £ £ £ £ £ £
Fixed Assets
Circuit Manses & Equipment 18 1,762,506 1,762,506 1,376,984
Investment properties 18 1,004,454 1,004,454 839,454
Investments - -
Total fixed assets 2,766,960 - - - - 2,766,960 2,216,438
Current Assets
Debtors 19 63,659 63,659 67,181
Loans by the Circuit 20 2,247 2,247 5,073
Investments with TMCP 21 122,134 17,363 139,497 160,031
Central Finance Board Deposits 22 108,363 - 89,658 6,564 - 204,585 261,115
Cash at Bank and in hand 23 44,953 - 18,352 - - 63,305 100,435
Total current assets 219,222 122,134 108,010 6,564 17,363 473,293 593,835
Current liabilities
Creditors (due in under 1 year) 24 62,323 62,323 58,895
Grants payable within 2018-19 - -
Total current liabilities 62,323 - - - - 62,323 58,895
Net current assets/liabilities 156,899 122,134 108,010 6,564 17,363 410,970 534,940
Total assets less current liabilities
2,923,859 122,134 108,010 6,564 17,363 3,177,930 2,751,378
Long term liabilities
(due after more than one year)
Grants payable after 2018-19 -
Loans to the Circuit -
-
Net assets 2,923,859 122,134 108,010 6,564 17,363 3,177,930 2,751,378
Funds of the Circuit
General Fund (Unrestricted) 25 2,923,859 2,923,859 2,422,146
Circuit Model Trust Fund (Unrestricted) 25
122,134 122,134 142,639
Designated Funds (Unrestricted) 25 108,010 108,010 162,637
Total Unrestricted Funds 3,154,003 2,727,422
Restricted Funds 25 6,564 6,564 6,564
Endowment Funds 25 17,363 17,363 17,392
Total Funds 2,923,859 122,134 108,010 6,564 17,363 3,177,930 2,751,378
----- End of picture text -----

Approved by the board of trustees on …........................... and signed on its behalf by:

………………………………………………………………………

P Combellack - Treasurer

Page 7 of 19

The Lizard and Mounts Bay Methodist Circuit

Notes to the Accounts

Basis of accounting

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 (FRS102)).

ii Public benefit entity

The Lizard and Mounts Bay Methodist Circuit meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost 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 and property are shown at their market value or insurance cover value at the end of the year. The accruals basis has been used and the trustees present accounts to 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]

These accounts are compliant with FRS102 and with the FRS102 SORP 2015. The accounts have been prepared in accordance with applicable charity law in England this beiong the Charities Act 2011 and SI 2008/629 (Charities Accounting and Reporting Regulations) and, pending the making of replacement Regulations specific to SORP 2015 in accordance with reg.9(4)(d) of SI 2008/629, the charity trustees have departed from the requirement of Reg.8(5) by following SORP (FRS102) instead of SORP 2005 to the extent necessary to give a true and fair view in the circumstances.

vi Going concern

Based on the monetary assets and human resources available at 31 August 2024, 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 Cashflow

The Circuit has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flow

ix Fund accounting

The funds held constitute: General Funds held for any purpose of the Circuit which are Unrestricted. The Circuit Model Trust Fund has wide purposes defined in Standing Orders and is categorised as unrestricted. Restricted funds which are held for a narrower purpose . There are also the following Endowment funds as listed. Details of each material fund are disclosed in the final note to these accounts. Any funds may be represented by more than just cash.

x 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.

In accordance with the Charities SORP (FRS102), 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.

xi 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.

xii 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.

xiii VAT

Since the Circuit is not VAT registered, all input VAT is charged with the expenses to which it refers.

Page 8 of 19

The Lizard and Mounts Bay Methodist Circuit

Notes to the Accounts

Basis of accounting (contd)

xiv Tangible fixed assets

These are capitalised if they can be used for more than one year, and individually cost at least £1,000.

The freehold property which comprise the circuit manses, are shown in the accounts at their insurance values. This is considered a reasonable basis for valuation. No depreciation is provided on any buildings because the trustees consider the current residual fair value of the 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 properties have been reviewed for impairment.

Investment Properties

Investment properties are as follows: Degibna Prayer Chapel, The Lizatd Chapel & Meneage Methodist Chapel. Degibna is shown at insurance value, Meneage Methodist Chapel will be marketed for sale in the future and has been included at an indicative market value from a local independent estate agents, Christophers. The Lizard is up for sale on the open market and an offer of £165k has been accepted and used for the carrying value for the purposes of these financial statements. These are considered reasonable bases for valuation. The properties have been reviewed for impairment.

Investments

Investments are valued in the balance sheet at market value at the year end. Investment income is included in the accounts when receivable and any gains or losses on revaluation at the year end are shown in the SOFA.

Debtors and Prepayments

Debtors relate to the Autumn assessment, which is invoiced for payment at the end of August, September stipends paid in advance and council tax prepaid.

Creditors

Creditors relate mostly to trade creditors and assessments raised in advance.

Pensions

The Circuit operates a defined contribution scheme for the benefit of its employees. Contributions are charged to the Statement of Financial Activities in the period they are payable.

Page 9 of 19

The Lizard and Mounts Bay Methodist Circuit

----- Start of picture text -----
Circuit Model Designated Funds 2025 2024
Unrestricted Endowment
2. Donations and legacies Trust Fund (unrestricted) Restricted Funds Total Total
£ £ £ £ £ £ £
Donations - - 9,978 9,978 16,898
Legacies - -
Total - - - 9,978 - 9,978 16,898
Circuit Model Designated Funds 2025 2024
Unrestricted Endowment
3. Income from monetary investments Trust Fund (unrestricted) Restricted Funds Total Total
£ £ £ £ £ £ £
Central Finance Board 11,390 11,390 10,603
TMCP 6,806 466 7,272 11,277
Total 11,390 6,806 - - 466 18,662 21,880
Circuit Model Designated Funds 2025 2024
Unrestricted Endowment
4. Income from investment properties Trust Fund (unrestricted) Restricted Funds Total Total
£ £ £ £ £ £ £
- - -
Lettings (Chy Bron Manse)
Lettings (Meneage) 1,770 1,770 2,270
Lettings (Burhos) 2,181 2,181 7,420
Total 3,951 - - - - 3,951 9,690
Circuit Model Designated Funds 2025 2024
Unrestricted Endowment
5. Assessments on Churches Trust Fund (unrestricted) Restricted Funds Total Total
£ £ £ £ £ £ £
Balwest Methodist Chapel 5,267 5,267 5,283
Breaney Methodist Chapel 14,858 14,858 14,892
Central Methodist Church 53,500 53,500 53,555
Crowlas Methodist Chapel 7,422 7,422 6,747
Goldsithney Methodist Chapel 8,669 8,669 8,704
Leedstown Methodist Chapel 11,094 11,094 10,588
Marazion Methodist Church 17,210 17,210 17,253
Mullion Methodist Chapel 14,755 14,755 14,755
Porthleven Methodist Church 32,191 32,191 29,975
Ruan Minor Methodist Church 7,973 7,973 7,248
The Lizard Methodist Chapel 1,651 1,651 6,638
Trinity Methodist Chapel 8,405 8,405 8,407
United Methodist Church St Keverne 12,051 12,051 10,955
- - -
Total 195,046 - - - - 195,046 195,000
Circuit Model Designated Funds 2025 2024
Unrestricted Endowment
6. Capital receipts Trust Fund (unrestricted) Restricted Funds Total Total
£ £ £ £ £ £ £
Cury chapel - - - (6,885)
CPF levy returned on previous sales - - - -
CPF levy on property sales - -
Total - - - - - - (6,885)
Note - gross proceeds are paid into the TMCP account. The brought forward asset values are removed from the general
unrestricted fund column to ensure the accounts balance
----- End of picture text -----

Page 10 of 19

The Lizard and Mounts Bay Methodist Circuit

7. Grants received	Unrestricted Circuit Model Trust Fund Designated Funds (unrestricted) Restricted Funds Endowment £ £ £ £ £	2025 Total £	2024 Total £
Cornwall District	20,000	20,000 -	2,550 - 2,550
Total	20,000 - - - -	20,000

During the year the Circuit received ???? as a travel subsidy

----- Start of picture text -----
Designated
Circuit Model
Unrestricted Funds Endowment 2025 2024
Trust Fund
8. Other Charitable Income (unrestricted) Restricted Funds Total Total
£ £ £ £ £ £ £
Photocopying 305 305 572
The Lizard Chapel funds introduced 8,620 8,620 -
Other 951 6,923 7,874 17,216
Total 9,876 - 6,923 - - 16,799 17,788
Designated
Circuit Model
Unrestricted Funds Endowment 2025 2024
Trust Fund
9. Grants and donations paid (unrestricted) Restricted Funds Total Total
£ £ £ £ £ £ £
Methodist charities 81 81 443
Lay Workers 899 899 -
Drawdown on Trewennack monies 22,216 22,216
Non-Methodist charities 201 1,526 1,727 5,156
Total 201 22,216 - 2,506 - 24,923 5,599
10. Salaries and associated costs
Circuit Model Designated
Unrestricted Endowment
Trust Fund Funds 2025 2024
(unrestricted) Restricted Funds Total Total
£ £ £ £ £ £ £
Ministers' Stipends 96,783 96,783 90,606
Ministers' NIC 10,480 10,480 8,738
Ministers' Superannuation 18,612 18,612 23,435
Ministers' Travelling 9,339 9,339 10,683
Removal costs - -
Mission Enabler Salary 16,548 16,548 16,345
Circuit Administrator Salary 16,411 16,411 16,224
Clerical Support Worker Salary 11,357 11,357 10,816
Youth Worker's Salary (2,469) 4,999 2,530 12,984
Children & Families Worker Salary - 10,290
Apprenticeship Levy 960 960 1,002
Third Age Worker Salary 9,937 9,937 8,178
Employers NIC 7,054 7,054 5,967
Employer's Pension 3,292 3,292 3,178
CAP Worker Salary 10,013 2,473 12,486 10,380
CAP Community Co-ordinator salary 12,776 12,776 9,415
- -
Other Travel e.g. Visiting Ministers
221,093 - - 7,472 - 228,565 238,241
----- End of picture text -----

No employees received employee benefits of more than £60,000. There is no accrual for holiday pay as it is immaterial; the holiday

year ends on 31 August. All staff are paid at or above the living wage.

Page 11 of 19

The Lizard and Mounts Bay Methodist Circuit

11 Property maintenance Premises Insurance-Helston Premises Insurance-Mullion Premises Insurance-Praa Sands Business Insurance Repairs and Renewals-Helston Repairs and Renewals-Mullion Repairs and Renewals-Praa Sands Repairs and Renewals - other Quinquennial Reports Townsend Cemetery Costs Burhos Chapel costs Chynhale Chapel costs Degibna Chapel costs Meneage Chapel costs Cury Chapel Expenses The Lizard Chapel Expenses Crelly Cemetery 12 District Assessment & Levy District Assessment District Levy CPF Levy 13 Capital Purchases Purchase of Praa Sands Manse Legal Fees 14 Office expenses Circuit Office Rent Conference Minutes, CPD's, Diaries, Publications etc Postage and Carriage Office Stationery Ministers Resources, Stationery & Postage Telephone-Circuit Office Telephone-Helston Telephone-Mullion Telephone-Chy Bron Website Computer & Software Mobile Charges Payroll Admin Charge Photocopier-Circuit Office	Unrestricted Circuit Model Trust Fund Designated Funds (unrestricted) Restricted Funds Endowment £ £ £ £ £ 1,012 913 582 653 1,872 815 246 84	2025 Total £ 1,012 913 582 653 1,872 815 246 84 - 1,243 1,863 5,051 3,965 2,733 406 5,659 385 27,482 2025 Total £ 16,465 4,632 - 21,097 2025 Total £ - - - 2025 Total £ 1,200 555 755 1,340 1,586 881 800 629 819 317 1,573 287 576 1,876 13,194	2024 Total £ 1,051 531 593 438 1,590 374 8,364 2,789 - 2,349 1,589 6,149 3,609 1,943 245 497 32,111 2024 Total £ 14,733 3,739 77,246 95,718 2024 Total £ - - - 2024 Total £ 1,200 898 1,255 1,388 4,655 743 741 750 362 - 2,760 528 1,931 17,211

	1,243 1,863 5,051
	3,965
	2,733 406 5,659 385 23,132 - 4,350 - -

	Unrestricted Circuit Model Trust Fund Designated Funds (unrestricted) Restricted Funds Endowment £ £ £ £ £
	16,465 4,632
	-
	16,465 4,632 - - -

	Unrestricted Circuit Model Trust Fund Designated Funds (unrestricted) Restricted Funds Endowment £ £ £ £ £


	- - - - -

	Unrestricted Circuit Model Trust Fund Designated Funds (unrestricted) Restricted Funds Endowment £ £ £ £ £ 1,200 555 755 1,340
	1,586
	881
	800 629
	819 317
	1,573 287 576 1,876
	13,194 - - - -

Page 12 of 19

The Lizard and Mounts Bay Methodist Circuit

	The Lizard and Mounts Bay Methodist Circuit
15. Other outgoings	Unrestricted Circuit Model Trust Fund Designated Funds (unrestricted) Restricted Funds Endowment £ £ £ £ £	2025 Total £	2024 Total £
Travel expenses etc, Lay Workers Lay workers expenses CAP expenses Manse rates Manse water rates Manse electric UMC St Keverne costs Ordination event Financial Consultancy Services Independent examiner fee Youth Events Planning application fees Other Total	4,197 5,289 4,116 8,274 1,532 254 - 3,600 419 - 781 464 742 453	4,197 8,606 5,289 4,177 4,116 4,045 8,274 6,577 1,532 867 254 45 - - - - 3,600 419 455 - - - - 2,440 5,737 30,121 30,509
	28,462 464 742 - 453	30,121

16. Gains/(losses) on property disposals/revaluations

Unrestricted Circuit Model Trust Fund Designated Funds (unrestricted) Restricted Funds Endowment £ £ £ £ £	2025 Total £	2024 Total £
165,000 - - 177,782 107,353 100,387	165,000 - - 177,782 107,353 100,387 -	- - 13,763 28,506 17,213 16,096 - 75,578 2024 Total £
550,522 - - - -	550,522 2025 Total £

Unrestricted Circuit Model Trust Fund Designated Funds (unrestricted) Restricted Funds Endowment £ £ £ £ £
- - 56,458 - (56,458) -	- - -	- - - -
56,458 - (56,458) - -	-

Page 13 of 19

The Lizard and Mounts Bay Methodist Circuit

18 Circuit Manses and equipment & investment properties

The Circuit has 3 manses, situated in Helston, Praa Sands and Mullion and are included in the financial statements at their insured value as is the prayer chapel at Degibna. The Trustees consider this to be a fair and reasonable basis for value. Meneage chapel was valued by Christophers Estate Agents, independent agents for sale purposes, and the Trustees consider this carrying value to be fair. The Lizard Chapel has been put on the open market for sale and an offer for £165k has been accepted.

Cost or valuation

Balance brought forward
Additions
Revaluations (+/-)
Disposals (-)
Transfers * (+/-)
Balance carried forward
*Basis*
Rate
Balance brought forward
Depreciation charge for year (-)
Revaluations (+/-)
Disposals (-)
Transfers (+/-)
Balance carried forward
Brought forward
Carried forward
An Hyreth-Helston Manse
90 Laflouder Fields-Mullion Manse
Chy Bron-Praa Sands Manse
The Lizard Chapel
Degibna Prayer Chapel
Meneage Chapel & Sunday School
Accumulated depreciation
Net book value*

Residential Land
Manses
Other buildings
Fixtures, fittings
and equipment
Payments on
account and
assets under
construction
Total
£
£
£
£
£
£
-
1,376,984
839,454
-
-
2,216,438
-
-
-
385,522
165,000
550,522
-
-
-
1,762,506
1,004,454
-
-
2,766,960
SL
SL
SL
Nil
Nil
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
1,376,984
839,454
-
-
2,216,438
-
1,762,506
1,004,454
-
-
2,766,960
812,773
812,773
490,790
490,790
458,943
458,943
165,000
165,000
564,454
564,454
275,000
275,000
-
1,762,506
1,004,454
-
-
2,766,960

Page 14 of 19

The Lizard and Mounts Bay Methodist Circuit

19 Debtors and prepayments

Debtors

Church Assessments & other trade Other Debtors

Prepayments

Stipends, Pension, NI Other Prepayments

20 Loans by the Circuit

Loan to Leedstown Chapel Circuit Musical

21 Investments with TMCP

TMCP - Circuit Model Trust Fund

CFB Managed Mixed Fund Trustees Interest Fund TMCP - Endowment (James Day) Trustees Interest Fund TMCP - Endowment (EM Friggins) CFB Managed Mixed Fund Trustees Interest Fund CFB Mngd Fixed Interest Fund Trust Income Balance

22 Central Finance Board Deposits

Central Finance Board (Circuit) Central Finance Board (The Lizard)

23 Cash at Bank and in hand

LAMB Circuit - Lloyds Current Account LAMB Circuit - Lloyds Current Account Chynhale Cemetery Bank Account Blessing Fund Bank Acount The Lizard Santander Bank Ac Crelly Cemetery Bank Account Degibna Prayer Chapel Bank Account

24 Creditors (due in under 1 year)

Creditors and accruals

Trade creditors

Church assessments raised in advance Accruals Amounts payable to third parties

----- Start of picture text -----
Circuit Model Designated Funds 2025 2024
Unrestricted Restricted Funds Endowment
Trust Fund (unrestricted) Total Total
£ £ £ £ £ £ £
41,235 41,235 51,240
3,900 3,900 100
- -
10,912 10,912 10,357
7,612 7,612 5,484
63,659 - - - - 63,659 67,181
Circuit Model Designated Funds 2025 2024
Unrestricted Restricted Funds Endowment
Trust Fund (unrestricted) Total Total
£ £ £ £ £ £ £
2,173 2,173 4,573
74 74 500
2,247 - - - - 2,247 5,073
Circuit Model Designated Funds 2025 2024
Unrestricted Restricted Funds Endowment
Trust Fund (unrestricted) Total Total
£ £ £ £ £ £ £
814 814 813
121,320 121,320 141,826
- -
312 312 300
- -
11,994 11,994 11,971
2,300 2,300 2,300
2,757 2,757 2,821
- - -
- 122,134 - - 17,363 139,497 160,031
Circuit Model Designated Funds 2025 2024
Unrestricted Restricted Funds Endowment
Trust Fund (unrestricted) Total Total
£ £ £ £ £ £ £
106,543 89,658 6,564 202,765 261,115
1,820 1,820
- -
108,363 - 89,658 6,564 - 204,585 261,115
Circuit Model Designated Funds 2025 2024
Unrestricted Restricted Funds Endowment
Trust Fund (unrestricted) Total Total
£ £ £ £ £ £ £
11,072 - 11,072 28,425
27,021 27,021 55,489
1,865 1,865 1,765
678 678 1,019
6,860 6,860
4,059 4,059 3,783
11,750 11,750 9,954
44,953 - 18,352 - - 63,305 100,435
Circuit Model Designated Funds 2025 2024
Unrestricted Restricted Funds Endowment
Trust Fund (unrestricted) Total Total
£ £ £ £ £ £ £
11,891 11,891 8,459
48,349 48,349 50,000
446 446 436
1,637 - 1,637 -
- - -
62,323 - - - - 62,323 58,895
----- End of picture text -----

Page 15 of 19

The Lizard and Mounts Bay Methodist Circuit

25. Detailed analysis of individual fund movements

Unrestricted Funds

----- Start of picture text -----
Unestricted Fund Name Opening Income Expenditure Transfers Closing Balance Purpose of the fund
For use in the furtherance of the general objectives of the
General Fund 2,422,146 790,785 345,530 56,458 2,923,859 Circuit
Circuit Model Trust Fund 142,639 6,807 27,312 - 122,134 As above - but see below
These are funds held by internal organisations & funds set
Designated Fund 162,637 6,923 5,092 (56,458) 108,010 aside for future lay worker costs
- -
Totals 2,727,422 804,515 377,934 - 3,154,003
----- End of picture text -----

General Fund

The purpose of the fund is for use at the discretion of the trustees in the furtherance of the general objectives of the Circuit and which have not been designated for other purposes. Approximately 88% of this fund is held as land and property.

Circuit Manses Investment Properties 95% Debtors Creditors Bank Funds Total charitable expenditure in year per SOFA adjusted for extraordinary items Grants / TMCP withdrawals CPF Levy reclaimed TMCP backclaims Six months expenditure (reserves policy minimum) Bank Funds as a % of expenditure Equivalent to month's reserves reserves in excess of policy minimum	This Year 1,762,506 1,004,454 2,766,960 65,906 (62,323) 2,770,543 153,316 2,923,859 345,530 345,530 172,765 44% 5.3 (19,449)	Last Year 1,376,984 839,454 2,216,438_92%_ 72,254 (58,895) 2,229,797 192,349 2,422,146 282,760 - 282,760 141,380 68% 8.2 50,969

Circuit Model Trust Fund

The purpose of this fund is for use at the discretion of the trustees in the furtherance of the general objectives of the Circuit. Its main source of income is the sale of property in the Circuit. These funds do not serve specific purposes but are not restricted by any document or deed to that purpose alone.

Although this is technically an unrestricted Fund under the control of the Circuit meeting, there are certain restrictions upon it's use and formal application to the Trustees for Methodist Purposes is required to withdraw funds held.

General Circuit Funds United MC, St Keverne Central Methodist Church	This Year 18,513 60,490 43,131 122,134	Last Year 18,361 59,740 64,538 142,639

Designated Fund

These are funds held by internal organisations. At the balance sheet date funds held were as follows:

Crelly Cemetery Chynhale Cemetery Blessings Fund Degibna Prayer Chapel Lay Worker costs refer # below # The following bank funds have been designated against futur Circuit Administrator salary & costs Clerical Support Worker salary & costs Youth Worker salary & costs Children & Families Worker salary & costs Third Age Worker salary & costs CAP Worker salary & costs Mission Enabler salary & costs St Keverne Community Worker CAP Community Worker salary & costs Opening provision See funds transfer - note 17	This Year 4,059 1,865 678 11,750 18,352 89,658 108,010 e lay worker costs: 17,720 12,617 10,967 13,242 8,290 13,264 13,558 89,658 (146,116) (56,458)	Last Year 3,783 1,765 1,020 9,954 16,522 146,116 162,638 20,300 13,473 18,291 26,691 11,409 14,582 15,559 10,475 15,336 146,116 (146,116) -

Restricted Fund These are funds donated for a specific purpose i.e. with a An appeal towards housing for homeless people was insti Opening Balance Income this year (note 2) Specific donations (note 9) Donations towards cost of CAP & youth worker (note 10) Donations received in prior years (refer note 17)	restriction on the gated in last year This Year 6,564 9,978 (2,506) (7,472) - 6,564	ir use, such as d s accounts.	onations towards the CAP wor Last Year 5,200 15,592 (5,599) (8,629) - 6,564	ker & youth worker
Endowment Name How the capital is	invested	The current v	Annual income alue of the capital	What the income was used for
Mrs EM Friggens bequest James Day Bequest Endowment via TM Endowment via TM	CP Board CP Board		452 14 17,051 313	Payable to Crowlas Methodist Church Payable to Circuit funds (previously Cury)
	Totals		466 17,364

Page 16 of 19

The Lizard and Mounts Bay Methodist Circuit

26 Capital Commitments and Contingent Liabilities

At the 31st August 2025 there were no capital commitments.

No Contingent liabilities were identified at 31st August 2025.

27. Voluntary contributions

The Circuit is heavily reliant on volunteers who contribute their skills and time in the furtherance of the work of the Circuit. The principal contribution is by serving on committees of the Circuit that deal with mission, manses, finance, grants and safeguarding. We are grateful to all of them for their help and commitment. No attempt has been made by this Circuit to value the non-nmonetary contributions to the Circuit in monetary terms.

Page 17 of 19

The Lizard and Mounts Bay Methodist Circuit Circuit No 37 / 14

DECLARATIONS AND SCRUTINY

I confirm that these accrual based accounts for the year ended 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.

----- Start of picture text -----
Signature of Treasurer Date
Name of Treasurer Mr P Combellack
Address
Trevarian, Torleven Road, Porthleven, Cornwall. TR13 9AJ
----- End of picture text -----

Presentation to the Circuit meeting

I confirm that the annual report and accounts for the year ended 31 Aug 2025 were presented to the Circuit Meeting held on

----- Start of picture text -----
and were approved.
Signature of the Chair of
the meeting
Name of the Chair of the
Rev M Fugill
meeting
Date
_______________
----- End of picture text -----

Independent Examiner’s Report to the Trustees of the

----- Start of picture text -----
The Lizard & Mounts Bay Methodist Circuit
Registered Charity - Registration number 1144190
----- End of picture text -----

This Report is on the Circuit Accounts for the year ended 31[st] August

----- Start of picture text -----
2025
----- End of picture text -----

Responsibilities and basis of report

I report to the trustees on my examination of the accounts of the Lizard and Mount's Bay Methodist Circuit for the year ended 31 August 2025 set out on pages 1 to 17 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.

The Lizard and Mounts Bay Methodist Circuit

Circuit No 37 / 14

Independent Examiner’s Statement

The Circuit's gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England & Wales.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which give me cause to believe that in, any material 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; or and comply with the accounting requirements of the Charities Act

• the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view, which is not a matter considered as part of an independent examination

the trustees' annual report is not consistent with the accounts have not been met, or

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 to enable a proper understanding of the accounts to be reached.

I 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.

Name of independent examiner Signature of independent examiner

Relevant Professional qualification of independent examiner

Name of firm (where appropriate) Address Date

The liurd and Mounts Bay Methodist arcult Circult No 37114 Independent ExamlneVs Statement The Circuit's gross in(xxne eX(eded £250,000 and l am qualifed to undertake the examination by being a qualified memL*r ol the Institute ol Chartered Aunn.ts in England & Wales. I hav8 Completed my examination. I confinn that no material rnatt8rs have Ine to tny attention in connectron wth the examination which give me cAuse tD LEliese that in, any materkal respect . the accountitvJ records WEre not kept in accoidanca Section 130 of the Act or . the accounts do not accord vAth Ihe accounling reKorts: or and rL)mply wth the accounting uirements ofthe Charities . the accounts do not Comp wth the applicab requirements C()nming the form and content of accounts set out in the ChareS (Accounts and Reports) Regulations 2CKJ8 otr than any reqUIrnent that the accounts give a Irue and fairf triew. which is not a matter considered as part of an indeF.enctenl examination . the trustees, annual reDort v8 not )n$stent the aco)unts h8v8 not been met or I ha%E no cA)nMS and ha come across no other matters in wnn8cbon wth the examination to which attOn 8houkY be drawn in this report lo enable a prwr undtrtstarvJirvJ oflhe aUnts to be reached. I have not obtsined IrKIEp8rtdènt verification of all inVes.m with the TnBtees for Mtsthodist Churth purpo or held in olher trusts. bapk balanrtss and fvnds at the Central Finance Board Df th6 Methodist Churth l-h are individually in ex$ of £10.) (ten thousand pounds) at the balanTr sheet date. Name of independent examiner Signature of ind6p6rKlènt exarnlrÉr Relewant Professional qualtficatlDn of iThJe Thient examir Name of firm (where appro atel Addrèss Date .C&.)D

2025-08-31-accounts

THE METHODIST CHURCH

TEMPLATE REPORT AND ACCOUNTS (ACCRUALS BASIS)

for the year ended 31 August 2025

Registered Charity - Registration number

Basis of preparation and legal framework

Circuit Ministers and officers

The Lizard and Mounts Bay Methodist Circuit

Aims and organisation

Public Benefit

Structure, Governance and Management

Trustee Training

Related Parties

Risk Management

Safeguarding

Reserves Policy

Statement of Financial Activities (SOFA) for the year ended 31 August 2025

Statement of Financial Activities (SOFA) for the year ended 31 August 2024 forming part of previous year's accounts

Balance Sheet as at 31 August 2025

Notes to the Accounts

Basis of accounting

i Accounting standard

ii Public benefit entity

iii Basis

iv Content

v FRS102 SORP2015 [applies to 2016-17 onwards]

vi Going concern

vii Consolidation

viii Cashflow

ix Fund accounting

x Income Recognition

xi Expenditure

xii Grants

xiii VAT

The Lizard and Mounts Bay Methodist Circuit

Notes to the Accounts

Basis of accounting (contd)

xiv Tangible fixed assets

Investment Properties

Investments

Debtors and Prepayments

Creditors

Pensions

The Lizard and Mounts Bay Methodist Circuit

16. Gains/(losses) on property disposals/revaluations

18 Circuit Manses and equipment & investment properties

19 Debtors and prepayments

Debtors

Prepayments

20 Loans by the Circuit

21 Investments with TMCP

22 Central Finance Board Deposits

23 Cash at Bank and in hand

24 Creditors (due in under 1 year)

Creditors and accruals

25. Detailed analysis of individual fund movements

Unrestricted Funds

General Fund

Circuit Model Trust Fund

Designated Fund

26 Capital Commitments and Contingent Liabilities

27. Voluntary contributions

The Lizard and Mounts Bay Methodist Circuit Circuit No 37 / 14

DECLARATIONS AND SCRUTINY

Presentation to the Circuit meeting

Independent Examiner’s Report to the Trustees of the

Responsibilities and basis of report

The Lizard and Mounts Bay Methodist Circuit

Circuit No 37 / 14

Independent Examiner’s Statement