Trustees Annual Report Stokesley Methodist Circuit Reg No 1147112 Stokesley Circuit Policy & Financial Review Year ended 31st August 2023 Aims of the Circuit: To ensure and sustain the Circuits Viability and future o Support the six Churches which make up the Circuit Ensure that there is good financial management and safeguarding procedures in place for the benefit of its members and the general public. o Reach out to the Community which we serve and make a difference to peoples lives. Financial Review: Policy: To ensure ministerial oversight and pastoral care of the six churches in the Circuit. The support of a ministerial team of two presbyter ministers and admin staff. The maintenance of three Circuit manses and Chapel House. One of the Manses is rented out. Financial Management o Under Methodist Church Standing Orders the Circuit must meet its financial obligations in relation to the support of its ministers, the maintenance of its manses and support to the District. Each church shares the cost of running the Circuit and is the basis of each Church's Assessment. Although we make provision for maintenance of the Circuit properties, which cost £14k in the current year, this continues to put pressure on finances.
o Key Financial indicators Total Income was £172960 Total Expenditure was £154439 Net Receipts were £18521 Total Funds were £222863 Endowments (restricted Funds) were an additional £14142 Other Assets & Liabilities were £13112 Overall a successful year in which the Circuit added to its Reserjes. Reserves Policy This document and accounts includes all funds held by the Circuit Meeting as charity Trustees. These relate to to our general (unrestricted) funds which are freely available to be used for any or all the purpose of the Circuit. Our reserves policy is to hold one years expenditure, as recommended by the Charity Commission. We have increased our holding with CFB where it it will attract additional interest. Future Plans Each Church and the Circuit is undergoing a review of its Mission & Vision to ensure that it has clear understanding as to how it intends to move forward. We recognize that whilst the future holds challenges it also offers opportunity for growth. The objective to be sustainable and to widen its appeal to both members and the general public. Designated Funds The Charity Commission ha5 agreed that it is appropriate for the Trustees to set a policy for the management of the Circuit Funds John Howard Whitehead Treasurer Rev Andrew Roblnson Chair of Stokesley Circu eeting Signe March 2024
CIRCUIT RECEIPTS AND PAYMENTS ACCOUNTS THE METHODIST CHURCH STANDARD FORM OF ACCOUNTS Stokesle Circuit FOR THE YEAR ENDED 31 August 2023 Daflin Dlstrlct Clrcult no 13.5 Rwlst•rnd Charfty. Charky Regl•tr•tlon numb 1147112 not 8 reg18t8red chartty H•r IAalesty• Rov•N• and Custom• Glft Ald TrUMr (Th• HMRC nurnr 1$ gquivalenl lo a r8gistgred charity numb8r in lenS of ewd8nc4 of charitable sl8fv$ and may b• used to give lo donors or grant funders wi$hir¥J to see evidence of th8 organisation's thantable status. Methodist anti88 in England and Walés that are not registered d)ariti8s are ex¢wled from rogistratson under Slalulory In8tNment 2014 No.2421 Ministers.. Rov AThlr•w Roblnson R•v Robert Wetr Cinitl Slffivar(ts'. Peter Ja¢kson . SafyUard1..--- John Howard V4hltehead . Trna8ur•r Treasurer. John Howard Whltehead
20ACCOLWlfS FOR THE YEAR ENDED JI AKIus1 X123 8tokesle Circurt Un. SECMON A Ttxais TrtFU Fur#J8 T¢Jlalsthh y 91 RECEIPTS a2 A55eSsnSh8re 140 88nk CF8 iTrtern5t Imiethrrt incon 705 Olher rec 07 TOTAL RECEIPT8 172 410 17 a8 SECTION B b1 b2 PAYMENT8 Stiponds, 5819ri66. NIC, travd eosts 87 80 591 b3 Man88 C08ts AdIniStra0ft tc 472 Grfrrrts & donalom b7 Othèr TOTAL PA YME13 472 b9 SEclloN C NET RECEIPTSfftAYMENT3 FOR THE YEAR a749 18 Totsl bro M foTwBrd from L48t 614 Sub total ¢1¢2 Transfvrn and 8d stments ¢5 TOTAL FUNDS AT END OF YEAR 22 ¢8 ¢6 SECTION D FOR INFORMATIOP4 ONLY.. MONEY RECEIVED AND PASSED (hy TO EXTERK4L ORGAhlSATIONS thos• amounts should not be Includ•d In total rn¢•l nts *bov•l Balan br(w ht foThmrd from18St
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¢U 5E¢mON E ANDA FFERENT FORM mwt te Ed b) Iwit0X1ts{X Ait•l. pr•t00g OAQAI 172.11tr c7 863 TtsTALCA8H Y¢n¢lAT 172.110 Z21 Yr•o•w•ry•nd C4P LAKE8 C•4hln hr Cun•rtmx 101817 172 358 3,814 3,961 TQT 2ua8J bn•t0¥*1<•l2) ON¢7 147ffl 14142 14 Fundv FrdrK•
srOKEs aRCUtr NOTESTO THE ACCOUNTS 31 AUGUST 2023 2023 2022 STIPENDS AND AssoaATED COSYS Stipend5 National Insurance Pension Contributions Travel Telephonè ett Circurt Adminlstrdtor 57271 5477 14582 1263 223 54702 5341 13943 1217 119 5269 80591 87453 2023 2022 MANSE COSTS Repairs Council Tax Water Insurance 4722 11076 5637 1362 5567 66 2321 13876 20074 2023 2022 ADMINISTRATION Telephones Secretarial experbses Qulnquènnial inspectlons aooks etc Others Webslte costs Computsr 2312 215 2066 39 293 202 920 412 238 1402 49) 971 3932 2023 2022 OThER PAYMEpirs Hutton Rudby HU8- expendTrture 17926 10545 2023 2022 ImiER RECEIPTS Rents ReceNed Hutton Rudby Hub- Cost 1mbUr5ed 15711 12991 28702 15288 10545 25833 SECTION G- LAND AND BUIU)INGS This Include5 3 Manses and Chapel House. During the yeartwo of these were occupied by Ministèrs Chapel House and one Manse We let for year
Name ofCiroJit.....Stokesley Circuit 1147112 13.5 Declarations and Scrutiny I confimi that these ReGgipI 8nd Payment based aCcnts for the year to 31 August 2023 have been prepared from thè records ol tha Cirruit and that they #Klude 1 fvnds under the corrtrd of the Circwrt meetsng. Signaknre oftreasurw..... . ....................................................... Name and addr888 oftroasur8r............ John HOld Whlt•h•ad 33 $kott Crn•c•ni Groat Ayton, North Yorf(•hlrn . PostCcJe............ TS9 6DS PM8•ntthn to th• Clr¢uft nw•tkng I confimi that the anNal r8POrt and accounts for the year end&1 31 AUSt 2023 worgAvill b8. pr88enlod to the Cktsjit moetirvJ hold on . 13th IA•r¢h 2024 Sion8tur• of the Chalr of tho m1 Namo ofthe Chilr of the maglng /,/2e£. Ind•pondent Examln•rfs Report to th• Tru8ts08 of the Stokwley Clrcult Ch•rlty Number... 1147112 R•spon•lbllftle• and ba•1• of rnport I rgport to thè trust808 on my examinati1 Of1 ac(x) of the .........Y•ar ond•d 31•t Au9U•t 2023 CirGuit for the year endgd 31 August 2023 sel (Mrt on pages 1 to 8 As ts CirrJJiYs truslees, you are re8ponsibbg ft)r the preparation of the aGcwnts in 8cctsrtar wilh the rtyuirements of the Chanties Act 2011 Imhe Acri. I roport in re8peca of my ex8minats.on of the CIrlf$ accounts carried out under seIJi 145 of the Ad and, in carrying out my examinab'on, I have folFuwed all the applKle tlire(aions gwi by thè Ctsrity Commi88ion under section 14515)(b) of the A¢L ' delets or rirde 88 8ppropnate
Name ofcircuit ..... Stoke8ley Clrcult 1147112 13.5 Indopond•nt Exarnlnevs Statsrn•nt I have completed my exarnination. I confim that no material matters have a)me to my attention in connects'on with the examination which give me cause to believe that in. any malerial resped: the atxounting records were not kept in accordance vitth sedion 130 of the Act., or the aOunt$ do not accord with the accounting records. I have no conlxms and have come across no 0th8r matters in OnectIon with the examinatlon to whlch attention should be drawn in this report in ordèr to ènable a proper understanding of the attounts to be reached. I Ix¥tlhave not" obtained indepèndent verification of all investments wtth the Trust88s for Methodlst Church Purposes or held In other trusts, bank balanS and funds at the Central Finan Board of the Method181 Church whith are Individually in excess of £10,(XM) (ten Ihousand pounds) at thè balan Sheet date. Slgnature of independent examiner I-A . Name of Independent examiner Relevant professional qualrfststlon of Independent examlner Name of finn {vthere approprlate) Address Date delete or urde as approprfate ¥ty-23 IL¢1