STOKESLEY METHODIST CIRCUIT Reg. Charity No: 1147112
TRUSTEES ANNUAL REPORT Year ending 31[st] August 2020
Aim of the Charity: ‘Growing and Serving in Christ’
Activities of the Charity :-
We continue to pay particular attention to the Charity Commission’s guidance on providing activities for the public benefit. Our churches are focal points in several villages and towns enabling us to serve these local communities. We can be of particular benefit to those seeking to discover and practise the Christian faith.
We provide Christian Worship across the geographical area covered by the charity.
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We promote and practise prayer, bible study and training.
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We actively encourage all ages to discover & grow in the Christian faith.
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We support the vulnerable and fight injustice at home & abroad.
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We maintain our buildings for our own and community use.
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We work ecumenically where appropriate.
Our Achievements for public benefit this year:-
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a. We have provided regular and varied Christian worship, open to all, in various different venues and have organised bible study groups, prayer groups and Christian café book clubs. Many of these have continued to run digitally since March 2020.
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b. We hav e run Christian programmes for toddlers, children and youth , and have linked with local schools through our ministers, volunteers and youth workers. Links with local schools and church run toddler groups have continued despite the pandemic, offering them classroom or home based activities and the materials to do these.
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c. Pre pandemic we held many regular and one off events on our premises to support the local community including coffee mornings, lunches, teas, concerts, film clubs, speakers, craft clubs, a wide variety of fellowship groups, toddler groups and after school clubs. These are all promoted to and attended by the wider public. During the pandemic weekly coffee mornings have continued online. Our dementia friendly café usually held once a month is on hold, but pastoral support has continued for those who usually attend.
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d. We give time and money to projects supporting the marginalised and fighting injustice eg: ecumenically through Christian Aid, and through Traidcraft etc. Many of our churches have become collection hubs for others in need including Food Banks, Christmas appeals for the Salvation Army, Seafarers and local Asylum projects.
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e. Pre pandemic, several of our church premises were rented by community groups such as U3A, Music Societies, Dance & Exercise groups. There is a community hub that operates out of the church in Hutton Rudby. It includes a café, computer hub and play area. Volunteers from the Hub provided vital support to those isolated in a rural area during the pandemic.
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f. We have a network of trained volunteers who visit those who are going through difficult times, and offer prayer support. This has continued throughout the year and been a valued support during a particularly difficult time.
Declaration: We confirm that no serious incidents occurred between 01/09/2019 and 31/08/2020
SIGNED: _______(Rev Andrew Robinson) Charity Chair _______(Mrs Katherine Atha) Stokesley Circuit Steward ___________(Mrs Alison Dumphy-Brook) Circuit Meeting Secretary
DATE: _______
Stokesley Methodist Circuit
Receipts and Payments Account for the Year Ended 31 August 2020
FOR CHURCH COUNCIL USE ONLY
Stokesley Methodist Circuit
General Fund
Receipts and Payments Account for the Year ended 31 August 2020
| Receipts Assessments Bank interest Circuit service Rent of Manses & Chapel House Sundry income Donation – Leaving Gift Action for Children - Collection Income from endowments Grant for Radio Leven General Purposes Grant Payments Stipends Ministers expenses Local Preachers expenses Manse repairs Council tax Water Insurance Telephone Books etc Secretarial expenses Quinquennial Sundries Website costs Leaving gift District Assessment Youth Worker Circuit Administrator Grants to Churches Great Ayton Hutton Rudby Seamer Donation – Action for Children Net Receipts (Payments) for the Year Cash at Bank at 31 August 2019 Cash at Bank at 31 August 2020 |
£ 221 11,623 93 2,060 227 68,010 1,702 39 3,334 5,083 1,047 1,734 2,214 357 852 310 1,390 412 2,060 - (1,250) - (277) |
£ 221 11,623 93 2,060 227 68,010 1,702 39 3,334 5,083 1,047 1,734 2,214 357 852 310 1,390 412 2,060 - (1,250) - (277) |
2020 £ 127,824 523 14,224 16 16,000 2,000 160,587 (69,751) (11,198) (7,595) (32,584) (5,062) (7,675) (1,477) 25,245 156,607 181,852 |
2019 £ £ 119,454 498 215 9,907 - 250 - 10,372 25 - - 130,349 67,992 3,127 154 (71,273) 13,173 4,684 1,290 1,418 (20,565) 2,528 189 553 125 1,848 412 - (5,655) (31,180) (7,248) (3,935) (15,705) (2,069) (1,344) - (19,118) (28,625) 185,232 156,607 |
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Stokesley Methodist Circuit
Circuit Model Trust Fund for the Year Ended 31 August 2020
| Receipts Dividends and interest Payments Administration District Levy Net Receipts/(Payments) for the Year Bank Balance at 31 August 2019 Bank Balance at 31 August 2020 Investments At 31 August 2019 Increase/(Decrease) in Market Value during the year Market Value at 31 August 2020 Value of Circuit Model Trust At 31 August 2019 Net Receipts Increase/(Decrease) in Market Value At 31 August 2020 |
£ 33 407 |
2020 £ 279 (440) (161) 3,682 3,521 12,607 (223) 12,384 16,289 (161) (223) 15,905 |
2019 £ £ 405 33 404 (437) (32) 3,714 3,682 12,452 155 12,607 16,166 (32) 155 16,289 |
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Stokesley Methodist Circuit
Endowment Funds for the Year Ended 31 August 2020
Receipts Dividends and interest Payments Administration Net Receipt for the Year Income to General Fund Bank Balance at 31 August 2019 Bank Balance at 31 August 2020 Investments At 31 August 2019 Increase/(Decrease) in Market Value during the year Market Value at 31 August 2020 Value of Endowments At 31 August 2019 Net Receipts Increase/(Decrease) in Market Value At 31 August 2020 |
2020 £ 23 3 20 16 4 609 613 950 (16) 934 1,559 4 (16) 1,547 |
2019 £ 32 3 |
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| 29 25 |
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| 4 605 |
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| 609 | |||
| 939 11 |
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| 950 | |||
| 1,544 4 11 |
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| 1,559 |
Stokesley Methodist Circuit
Total Funds at 31 August 2020
Bank Balances General Fund (Note 1) Circuit Model Trust Fund Endowments Investments Circuit Model Trust Fund Endowments Manses & Chapel House at Insurance Valuation(see note 2) Connexional Funds to pay over Feed the Hungry |
2020 £ 166,983 3,521 613 171,117 12,384 934 13,318 1,110,000 - 1,131 |
2019 £ 156,607 3,682 609 160,898 12,607 950 13,557 1,100,000 1,827 550 |
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NOTE: 1 A grant of £16,000 was received towards Radio Leven’s running costs. This is held on the General Fund at 31 August 2020.
2 Two of the Manses were occupied by Ministers. Chapel House and one Manse were let for the year.
Stokesley Methodist Circuit
Liabilities at 31 August 2020 Church assessments in advance Prepaid Expenses Stipends Water to 31/03/21 Insurance to 25/12/20 |
2020 £ 14,720 3,134 610 570 4,314 |
2019 £ 14,458 5,865 750 470 7,085 |
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TRUSTEES ANNUAL REPORT STOKESLEY METHODIST CIRCUIT Reg. No: 1147112 STOKESLEY CIRCUIT RESERVES POLICY & FINANCIAL REVIEW
Circuit Reserves Policy
This document includes all funds held by the Circuit Meeting as charity trustees. Our Reserves Policy relates to our general (unrestricted) funds which are freely available to be used for any or all of the purposes of the Circuit.
Other funds are also included for the sake of clarity and openness and to show that the Circuit has a policy for the management of all of its money not simply those which are defined as reserves.
Aims
Our aim is twofold:
(1) To secure and sustain the Circuit's viability and future.
(2) To give reassurance to the general public that the Circuit, which is a charity, intends to use all of the money coming into its care for the purposes of the charity.
Three Step Process
(1) Circuit Financial Policy
Essentially, it provides for -
(a) The ministerial oversight and pastoral care of the six local churches in the Circuit.
(b) The support of a ministry team of two presbyter ministers, Youth Work employees and Admin staff.
(c) The maintenance of the three Circuit manses and Chapel House. (The third manse is currently being rented out.)
(2) Financial Management
The Circuit Assessment is reviewed annually and covers the costs of 1 (a) and (b) above and is based on offers from each church towards a share in the total cost.
We make provision for our property maintenance programme by designating a total of £10000 per annum to maintain each property. Due to the foresight of those looking after the manses this has proved sufficient in most years with occasional large projects requiring extra funding. Next year, with a change of minister, we have allocated £20000
The Circuit Fund (Unrestricted general fund)
Under Standing Orders the Circuit must meet its financial obligations in relation to the support of its ministers, the maintenance of the manses and the support of the District. The total cost for the last financial year was £133865. Our Reserves Policy is to aim to hold around six month's expenditure in hand, as recommended by the Charity Commission. (£70000 has been lodged with CFB for this purpose)
Circuit Advance Fund (Restricted Fund) (Balance at year end £12384). This fund derives from sales of chapels and manses and is restricted by the Conference. This restriction is an internal regulation though the fund can be used for a variety of purposes.
(3) Designated Funds
The Charity Commission has agreed that it is appropriate for the trustees to set a policy for the management of the Circuit funds.
Monies received from the sale of three churches has been used as follows; £70000 for our reserves policy, £50000 for contingencies and £94723 for church projects which are now complete.£16000 is held for Radio Leven and £2000 for a General Purposes grant.
Malcolm Wilson March 2021