Ctr¢uh A¢¢Tu41• Accoun1• 20244S ThE mNDD18T ¢HURCH ftQPORT AND ACCOUNT8 for th• year ended 31 August 2025 Isle of Wlght Clrcuit R•gl•t•r•d Chrlty- R•olstr•llDn numb•r 114fj48S Southampton Dl¥trlct No l ¢I1tH0 26111 John Izurd Rov Glna Ploff CIKUM 8t•w•rd¥ Mr¥ ME!re1 Mo Dor8èn Doce Mrg Allson d•$ Mr J8n SlmonB MrSlrhK)n NlJrd* Mr4 MBn• Whtte Clf¢uII Tr••iur•r Mr Slrnon Mtrrrt$
ll• of wIt Methodl•t Clrcult 8oulh•mpton Dlstrld 26111 Annu•l r•port f¢r y•arendlng 31 Augu•t 2025 8A•l• of pr•prthtlon Ind Th8 Ch8rfty'8 annu81 r8pcrft And 8cctyJnts fortho year ended 31 Augu812025 have been preparod kn ac£ord•nce wlth the Charflles Ad 2011 &rJ tho CharfUe8'. Stolement of R8commond•d Prathi¢e 2019 a8 applica8 lo thg Financtral Reporng Stsndard FRS102. Thg ooveming do(yJment h the D•od of Unlon119321 adoptsd 8epl•mb•r 1932 and th• Melhodl61 Church Acl119781. Admlnb•tr•tlv• O•tal 1818 of Wight M•lhodl$l Clrcull Is a Mg18torod charity 1148485 rogl$l•reé wlth th6 Charlly commolon aB The M•thodi8t Churth 1810 ofwlghl Circull. Tho Clrcutt b• parale 981 enknty w6thin tho M•thodl$l Cr¢h •nd18 rnqulrad under Charlty to sxapare 8epar81o aecountj. Th8 of the CITcull M•dng ar• th• K4anaglng Truste of th8 Clrcull. Mar$8glng tru8t••8 ar• appolnled In 8ccordence wth Stsndlng Ord•r 510 of tho COn8Itut9l, 0 and Dlfj¢Wln• olThe MothodlBI Church, Th• Clrcull M4•Ung comprfios all ordalnad mlnl8t•rn. ¢lrcult 8lew8rd8 and oth8r fic8r8 llnd rèprewntatiVO8 frThn all chufthos within the Clrcuil. A lull118t of lrnil••s l• $hown In App•rKllx A of th18 ro)rt. Th& Cu8tod18n Truste afe Th¢ Truit811 f¢r M•th)dl81 Church Purpo8e, Central BuHdlng8. Oldham Str••L Manth•8ler M11JQ. Th• Ckcuit'8 rfjg18td add$ l• ClrGult Offl¢o, NgWPQrt M•lhodi6t Churth, Quay Street. Newport Ish ol Imght P030 5BA. Th• cIrcl,6 iThJepond8nt 8x8min8r8 Knlght Goodh•ad Lbmlt•d, 7 Bournomouth Road, cnd19 Ftyd. S053 30 Th• Clr¢ull'8 b4nks ire.. CAF Bank Ltd, 25 Kinp8 Hll Ro8d. King8 Hlll, Wegl Malling, ME10 4JQ and The Cenlrnl Fln8nce BD8rd ol the Molhodlst Churth, g Bothill Stroel, Lon(k>n EC2A 4PE. Tho Clrc¢JK ongages athiltOT8 forlogal alla*8 ond prop•rty ¥wvlce8 as r•qulrtd. Current Slaff Superfntend•nl Mlnlslor Rev John Izzard Mlnlstor8.' Rov Gina Hoff Lay Staff. Athlnislrator and PA to Sup•rint•ndenl Lay Po$lfX Lay Pa¢lc¢ qrs Jan• Dronflgld Mr Mlko H8¢kl•lon MIB Jan• Morr
l•le of Iflight fMhodl•t Clrcult S•uthmpton D14tr1ct2W11 Annul r•port lorymr •ndlng 3111Augu¥t 2025 Stru¢tur• gov•manc• •nd m•nfftg•m•nt The Clrwil 16 govomed In accord•n with the Constttulfonal Pra¢U¢• and Dlgclpllne of the m8lhodl8t Church-, its organballon 18 8lru(aur•d around ctr¢uil meeting that meots al least l¢tr a year. Th& circuit me8ling 15 5UPPOrted by regul4r meotings of Clrcull L&4dership Taarn ICLT) lo conduct day-lo.day bu8ines6 and to consldèf m8llers to be brought lo the circull me8tlng. Thè CLT con8lsls ol 811 Ordalnod Mlni81gr6, L4y Workers. and tho ClfcuII Steward8. Th8 Lo[ Preachers ond WoT8hlp Leaders rM•tkng18 held quarrfy to c1•r th wor8hip1Sf# ol th8 Clrcull's church08 and consl8t8 of all ordalnod mlniBt8fs, local prea¢h818, and worshlp leadors. The Clrcull Moellng may a180 8•1 up othor group and wrnmlttM8 to d•al wkh &pedfi¢ taBk8 thal mly arL8¢. ObJ•¢tlv•• 3.1 TM purptsses of M8thodl81 Church aro •haU d••m•d to havo beèn n¢4 thè dal• ol Ihe D88d of Unh)n tha advan¢em•nl of~ IA) Il Chrl8tlan falth In accoidanco wmh th• dodrhal $tsndard8 and the d18cIF41ng of tho M•thodl8t Churth'.181 any th8rltabl& purp03e for the Ilme 1rv4 of any Connoxlonal. 018tdct. Ckcull local or other organi58tlon of Iho Methodlst Church. IC} any ch&rllable purpoB& for t tirno bolng of any so¢ty or In•llution sub8Kliary or andlary to tho M8thodt Church, IDI any PUTPOS• for the Ilmg b81 of any charlly b8lng a charfty $ubBldiary or ancillary to Methodlsl Chuh. 3.2 The Clr¢ulVB prIn¢1p cknjoctlve8 and advltbs are to •nable Its chuTchg$ to work towards thelr v181c of dgepjnlw Ihair Chri•lOan fahh ènd to r•ath out lo oth•rs by shorfng tho good n•ws ol Jésu4 Chi18t. 3.3 Th8 Clrcuil provides staff. prtrachers. •duc8itsJn, and pastoral overnvahl wNch ¢n•bles th8 local churches lo provlde Chrlstlan wor8hip. splrltval developmenl, and po$torl caro both lo ¢hurch members and thè widor communlly. 3.4 The Clrcull agre&s property and financlgl pollcl8B that help ¢hurthe8 fo¢u8 on Iholr cor• bu$in&s8'. bulldlng Ihe kingd¢>m of God through transforrned IIv08 88 dlscipleg of ChrS51. 3.5 The Clrcuil promot88 the two pllknr¥ of Mèlho(lism scdal hollnas$ and Bcrfptural holln8s8, by encouroglng tt8 mombors to mak• dlsdplos 8nd lo work lor 80cl81 luotlce. 3.6 The try$le&8 confim that thoy have referrod lo the guldanc8 contalngd In the Charty Commls8icn'8 genoral guidanco on public bontrfll when revith¥ing th8 ChBrty'8 eimB and oble¢tive$. Achl•v•nv4nt• •nd p•rforn14nG• and lutur• I churd)08 rglwned Ict noTm•l Iwe S•e•S som• Ilme 890. fillowhg Covld. Some 8ro also ¢onlinuing lo provSde onling 8ervieAg8. Unfothnataly we w•r• Lnable to ¢U1? an ActSv8 Supernumgr8ry Mlnlster. part-llme to replace Rov Francos Balham In slembr 2024. Inlerfm plans w8r& pul in pla lo cov•r 20225. We have a Suwrfnt•ndenl Mlnlstsr, R9v Ja Crask8 CnIr0 lo lh9 C¢ull In September 2025, also an ktlve Supèmum•Tary Minislgr. Rov Lln Francls who wlll bo part-Me.
l•le of WSoht metId4t Circult Southampton Dlstrtct 2W11 Annual réport for y•ar ondlng 311t Augu•t 2025 Stsme church88 arfj slll 8trugglI with personnel to cover k6y roles such as finan. Two churcha$ aro of concérn. one of whlch haB taken th• d8¢k4K)n to d088 08 It has reached 'puipose fulflled,. Many olhor chuTch8s are now back to lull streiwth •nd fumlllng the mi88ion in Ihelf re8P8cilv• areas. which is encouraging. Propgty Chur¢h.. the tlIdIng was markotod in Autumn 2023. Th8 nrgt offer recefveij was unablo lo reach cornpletiijn due to covenant8 on the building The bullding has bè8n 8cUvely mark8t8d again. ond we currently have Iwo Interested parties Followln9 th8 merger wtth Brlghston•, ShoMll Molhodl$t Church hag been sokl. Both the WcK)ilon 6rldge an¢J the Sandown man$e8 h4v8 bgon 801d. Th procee¢Js ofthe S•nd¢wn manio w8r• ui8d to PUf¢hoBe a reF48cemfAII manse. Th8 other drcuit rn8n$os ara 011 w•ll maintained. IndlIng manBes that are CUffonUy1o1. Most churth pr8mlses are w811 mainlaln8d and w911 usod providkng o wld8 ran9ts of w¢¢$hlp and aG*lvltlè8 in their rasptIva eommuniti•¥. ial ond community 8ctIvO5 hav8 bgen Ltndertaken with olh8r ch8rf1i•8 and church88, a8 wèll as groups of chur¢h•• wprklnu logelh8T through th• Hegi8 of local Chureh8s To9ether Groups. The clrcuS1 contuiu¢$ to nant from thè work of Ihg 8c¢redlted Ioc81 preach8r8 Iho3e in tr8lnlng. Flnanclal R•vhw Al 31" Augu$l 2025 the UnStrted fund8 of the Clrcuil lota118d £345,978 excluding propertie8. Al 3181 August 2025 th• Circuit tho followlng nofvproperty unr881rlci¥d funds. General Fund Modèl Trust Fund Dovolopmont Fund Cow8s Fund 57,877 278.115 4,539 The Ciroil a150 own8 FmhJld Property valu•d by the Innlee$ al £2,490.01)0.
l•l• Of Wlght M•thodl¥t Circult Southampton Dlstrl¢t 26111 Annual roport for y•ar •ndlno 3111 August 2025 Gr•Dl• P•ll¢y Property grants.. 10% of eo$l up lo a m4ximum of £5,000. Tralning Grants.. 113 of total cost of cours8 up to A maximurn of £300. Misslon project grant5". churches ara expected lo mget al lea5150•k of Ihe eosl. In gx¢&plional Gas95 hbgher grants ar¢ rèfèrred to the Clrcull Me8tlng. Rl•k Minao•m•nt Income an¢J Expenditure i¥ being monrtor8d in total and is cornpared Tr•Ath th• Approved annual budget on a hall yearty bas18 to deled trends as part ol thè rtsk managgmenl proc888 lo avokl untres•on ca116 on reservos. S*f•guard1Tr9 Every pgrgon has valuè and dntty whlch com¢8 dlrectly from Ihg ¢rnalI of maPg and female in God's own image •nd likan66s. Chrl8ti8ns see thi¥ polenll81 as fulfllled by God, rfvcr8atlon of us in Chrisl. Amor)g olher thlnyo this SmpllaB 8 duly lo valuo 011 poople a8 beaflng the irnage of Gtsj Bnd ther•loro lo protect th8m from hami. Tho Isle of WSghl Ctrcutt eknmmi¢s It8eN lo en8uring thg irnplomenl8tlon ol Connexional Saleguarding Policy, gov8rnrnont logislalion, quldaneo, ÈrvJ 88f• pradce In the clr¢uil and In the churche8. Thg 1810 of Wlghl Clrcull commlls It8elf to tho prO810n of Support, adVe ond Iralnlng lor lay and ord8ln8d people th8t wll ensure poople are cleAr arbd confidenl al)oul Ihelr ro$ •rvJ r88ponslbilitieB In 6¥1•guordlng and promotlng the wellare of thlldr8n ond •dulls who m8y b8 Vlnerable. R•s•rY•6 Polbcy The Circult's objg¢lives and aclvitie5 are lo faoliialo 6harlng ol re8ourc&s among$t th8 local churches lo •mpower them to lundlon as 8ff8Ctive, wilness, ml&glon and caring cenlres. To do this the Clrcult Provld8s mini81orial overslghl for the 17 churches wllhln Ihg Clrcuit Employs lay 8talf lo support the aetivltie¥ of the Circult Maintains a portfolK) ol mansèg a¢ross the clrcull to k¥ovidt resn1 accornmodallon for ministers. Surplus accimnmodalion is ienanted to gènerate Inoome for inv8Strn8nl In tho man6e portfolio. The actlvitles are lunded by 8ysossment$ on the chuftthos in tho Clrcull whld) ar6 rtrviewed annually. In 8&tting rt$ budget Icf the year the Circurf Me8ting ¢ongid4TS the prolerAgLI impact ol changes in slafflng levels.
l•l• of Wlght IA•th¢)dl41 Clr¢ult Southamplon Dl•trfd X111 Annual r•port loryMr•ndng 31•t Augu•t 202S The eufront le1 of g8neral e816 £57.877 and fvnd bb £nll gmng thè CITOJ athqu•to fund# to mo•1 commlbn8nt8 over the comlng yaar. TakSn9 Inlo ¢onsldernUon all lh8 8tQVo fa¢tw the drcuh alms lo IKJld In tho 0•Tal and Proporty Fund th• sum of £99.000 b8iNJ 3 month8. oxp8nditurn. The Mc<lo1 Trust Fund 8tsnd8 01 £278,115, £65K ofwhich wil be UBed over the n8xt y8ar to fund slafnng 86 th• clrcLdl dgv•k*p8 new 8ty188 of mLqslDn ond rnknlsty. Commllm•nts In January 2023, tho Clrcutt obtdned a BrklglThJ Loan frcth M•thodlil Chapol At1 Ltd for £35OK whkh h89 b••n rnpald fr¢m tho ul• oflhe Wootton Man811. ShJned on b•half ol th• Trvg18•• ...... . Jane Crnska- ChÉlr of TnJg1••8
Th• M•thodiJt Church181• of Wight Ctreult 26111 Indop•ndènl Examin6rfs Report to the Trustoes of Ihe The Methodlst Church Isle of Wlght Clrcult Charliy Numbor , 114e486 I toport to Ihe InJsleo8 on my examin81ion of the accounts of tho Malhotlist Church Isle of Wight Clr¢uil for the year ended 31 Augu812025 $et out on pagog 7 10 14. R•¥ponslbllltl•8 and basls ot r•port As th8 Clrcuifs tru5te88, you ar6 responslble for the Pfeparatn of the 8ccount$ In accordance with tho requlremen18 of the Charlties Act 2011 ('Ihe Act'l. I report In respgct of my 8xamlnallon of the Church's ac¢ounts carrlod out under s•¢tlon 145 of th& Act aThY. in carying out my fjxaminal*)n, I have lollowed all the applicable Directtons glven by th Charlty Commi8$lon under sectScn 14515Mb} of the Aet. Ind•pend•nt Examlmr's Stat•mont Tho Church's gro88 in¢omg 6xcoeded £250,000 and l am qualified to undertake the examlnat+on by bolng a quallfied momber of the In8lltule ol Ch8rtor8d Accountant$ In Englar and W8le$. I have completed my eXamIn8on. I confimi that no malerlal rnatters have come lo my at18nlion in connection wllh thè ox•mination whlch glve me cause lo believe Ihal, in any mal8rlal respect.. . the accountlno records wore not kept in accoréanc8 wlth sectlon 130 of tho Ad., or . the accounts do not acwrd with the account6ng rècords., or . the account$ do not comply with the applicable requirem8nls Gcfflceming the form and contanl of accDunl8 $81 out In tho Charlties (AunIS and Reports) Regulations 2008 other than any requlremènt that th8 8ccoun15 give 8 'true and f81rf vlew. 1¢h Is nol 8 matter consldered 8s part of an ind6pendgnt examlnallon I have no concerns and have como aNoss no other mattgrs in ¢onnècUon wilh the ex8minalion lo which att¢nlion should bo drawn in this report in order to enable a proper under8landlng of the accounts lo be reached. CJ GOODHEAD FCA KnS9hl Gcodhead Limilod Chartered Accounlanls 7 Boumomoulh Road Chandlerfs Ford, Ea5fj0igh Hampshire S053 3DA
Th• Mqthodl•t Church l•l• of Ylloht Chel1 tat•m•nt ol Fln•n¢l•l ILtMIkn8 ISOFAI r th• y•r•nd•d Jl Auqwt 2025 21M1 Nol•¥ to Clrtult Mt)d•l I1••Trad G•h•rnl Tru•t FunLI Fund• •¢c•unts Unr•itrlthd Unr•ilrt¢t•d UnTtrICt•d T•tsl 202>24 Fundi 202&25 kn¢orn• •nt4 Endowrn•nt• 1 DoDglkJn$ and le9&cIBÉ 2 Inccthe from monétary Inveah•rts 3 Incth from Inveslmwnl 4. AMIrn8b 2.730 11.090 1J,820 24400 21S.S71 255.419 2,179 13.412 25.12J 221.240 250(JJ 215,578 256.418 O Gr4011 I¥Sd 7 Oth8r th8rt14• 8 Total Iroffl ch•rIla• •£10 g Oth•r irKomo 10 T•l•l •Trd •AdOlI$ Exp•ndltur• 110rani8 Bnd dw•lM>ryJ 12 and I14190)11 13 Pfop•rty rnalnton•nc• 14 T•hphon• & Trav 15 Conno%lon•l ##•iiwnt 16 0li¢dct A•Miim•nt 17 D0preC4•trn 18 Conn•xbI Levy 19 Conirfbuucfi lo DtrIct Ad¥•Th Fund 20 Los8 OD 018p of Prwrty 21 omcé éxpèMo1 22 C4rAW Expgndhur• 23 Oih•r outgolnai 24 T11 ¢h•rtthb•p•ndlI¥r• Ioyndlturvtl Wor• Inv•¥lrMnl 94DS I(05) 28 G<•Bl on rnon•thry Inv•Blm•nli 26 Gn{j•s) on Invubn•rl prop•rbé• 27 11•1 l•xp•ndllur•>JTnorffii 28 Tr•Mf•rt b•knn lund• 2901hw yolnillkxB1 3011•t movwmnl In fvttd• 31 Tow bjnds bfoughl foN¥•rd 327•t•lfybds¢iMl•dfon¥•rd 2,17? 20.417 512.396 .2ei 33.470 3147ti 183,¥fl 62,040 11,371 82,496 186.830 63.791 10.853 04,648 10.344 10 12 183.171 S2,G46 11.371 44,442 8,418 1.418 &n4 9,103 13 2,107 2,117 4.976 14 17.230 2S,117 42.819 204.191 27,4481 1J4240 1135.4981 60,(M)O go.000 2V41 ISl.3171 136496 12,392.9131 2 435 377 1,400 782 1a4 240 136 4981 2,6#1,736 rn4é7'.X¥ 2,651,730 21 97.877 271,116 2,499,914 Forlntsmi•tn Monay rnc•lv•d pa¥Bed on to OrgAnItIOn1 Bglonco brouDhl fDard frrJm1881 y8•r 0fforfngfjMth. rocoivad for E¥iwnal OTlwiing8lGifls- Pll&Eqd lo Ext•rnkl Orgonlbolons Baloncg cBrrled lor*ar Not• 22 202 2024
Th• M•thDd•t Church h1• of Wlqht Clreutt 81at•m•nt of Flnancl•l AdlvlU••13OFA) forth• y•ar •nd•d 31 Augwt 2024 Not••to Clrcult Mod•l D••19n•t•d th• G•n¢rnl Fund TnAt Furwj Fvnd• •¢eOUb4 Unr••trl¢t•d Unr•4tslct•d Unr•Jtsl¢t•d Totl 202>24 Fund• lTr¢om• and Endowm•nts 1 Oon4IoM and L•gaci•i 2 Incomo rnon•lary Invollmenls 3 Incomo from Investment prcperfo 4. AwJsrnenl• 6 Coprfal ReIp1S 8 Grants 1o¢•lvvd 7 Othar charltablo 4,119 9,293 IJA12 25,125 221,240 26,125 221240 3,1504 3,504 ,29¥ 18.897 28,126 9 Other ncoM 10 Talil In¢om• •nd•ndowm•nts Exp•ndliur• 11 Gran18 8fid dc91 12 sQr9 and ai8ocJat•d cos11 13 Propoty MaIntl• 14 T•lophcrf• & Travel 1S Connexlonol •18oMmnt 18 011lrfei A8wi8rnenl 17 D•pr•datlon 18 Ccffjnaxn•l L 19 C¢)nMbulon to Dlstrlct than¢• Fund 20 LDB8 on DS&posel of Prorty 21 OMc8 8xpen&8y 22 Capital Expendltw• 23 tlher oulgolw8 24 Totsl ¢1*br• •xp•ndlly Nel1oxp•n¢Mur•l Wor• Inv•8kn¢nt galns IIIo&8) 25 Ggln6llk88961 on monotAry Inv•Bbn•nts 28 Galn&llth•eJl c41 Inv8stm•nl woportkn8 27 N•t 1•XpdIty•nm• 28 TrgnBf9re botr400n fmj 29 Olhor ylnglllc4M61 30 N•tmov•m•nt In fvn¢• 31 Total fundi brou9ht forward 32Total fundi urrl•d lorward 62.498 614•8 165,830 13,791 10WJ io 12 180,830 83.701 10.853 64,648 10,344 10,344 9.103 •,103 13 4,976 4,•70 14 11,521 23.378 900 JJ,797 417.140 1135,4181 129,2251 1647071 18.000 (1,(1 24,0 LI00,787 232,D81 125,274 135,498 2,787.226 2.851.730 2.506,479 1493.254 48,688 33802 21 Fcf Inf(miatlon cffjly Mcney rfj¢gfved and pa980d on tr> Ext¢mal Otganl3adoM Balanc8 brought fowrd from la91 year OfferiwlGMts- roceNed Exlèrnal (trp8nls8tk)n$ OffèrfWGltts- pa869d to Extemal Org•nl•oJon8 88lance carri8d forrd Not• 22 2024 3,093
Th•hod1 Clwr¢h I•1•%ght Clr•ylt G•n•MIFund CIr¢ultMod O••ffjrb#t•d Totsli 2025 T•tslB 2024 IUDrHtrW TruqtB IUnrnitrfd•dl luMcl•dI Nol•ll to ¢h• Clr¢ull M8rt9•4 CloA•d Cmrchps Inv•trMntPrwrU 1,105,WO 185,WO 4OD,DDO 1,406.0 185.OCKI aw,000 1046,000 186,000 7SO.000 16 18 17 13,498 15.016 Lo•n th ChuKh•8 IrN••tThI• TM¢P C•nlil Fkn•rK• Bts•rd C•6h at Bank •nd In hwd 278.116 276.11S 5B,913 12.82e 125.174 00,1fj4 19.248 12.1 ¢uvr•nl Il•bllrtl•i Cr•dltNI (du• In je1 1 T4thl¢wTantlliWlJY 18 17.176 11,176 17.170 366,J81 300.561 Funth•lth• ¢It Fund IUnrg•lrfGt•d) Clrull mod Twt Fund (Unr¢•¢t•dl Dwion•tsd Furth IUnr••lrf¢dl 57.877 fj7.6n 2.403.204 278.119 278.115 2Ag0,084 12S.274 2.499,984 21 78 D•l•.' l Q< 202& N•m• ofTn*• GWX4
Th• M•thodlBt Church Isle of Wllllit Clrtult for the y•ar •nd•d 31 August 2026 Not•• to th• Aeeounts 1 B•sl¥ of COUntIng Tho flnanclol $ts1gm•nts ha been prep•r•d In w)rd8n¢•with tho thwitys governlng ¢Jwm•nl. th• Charltla$ Acl 2011 ané 'A¢counlkng aTrJ Rgporfng by ChAdtl8s.' Slatsrnenl of Recommended Pr8ctr appll¢8ble to thartNes prepqring their accDunts In acdance wtth th• FlnanclBI ReporUrwJ Standard apklic8bg in thg VK and Republi¢ of Ireland IFRS102) l•ffdl¥o l J8nuary 2019)". Th• charity w a Public Benefit Entity as dBfit18d by FRS102. 2 Fund• The funds hld ¢on6lilule.' Genwal Fun¢J5 held lor any purpo60 of th8 Clrcull vthlch Are UnrgStrfct8d. The Cir¢u Model Trusl Fund purposes dofinod kn Skndlng Orders and18 cat8gorls•d •$ unre81rkted. Re6tr1etsd fund8 whlch •rg recpNed for a ngmiwar purpose. Dotalb of eaeh materkql luné are disdo4¢d in the final not• lo Ih88e coUnt5. Any receSved lunds may be r•pr088nt•(I by mor• than lusl tA8h. 3 Accountlng pollchi The aecounl8 havè b8on on th• ba¥1$ of hlslorful 81 C lh• a¢¢ruAls bail8 to $htyw • tru• and falr ow ol the CIrcU811nndll poslllcffi and aCllvItS. B8$011 on the monetsry a88•t& human resour& a11•blo to th• Clrcult the tru6t888 bell$ve th• arcutt IB 8 uyjlng conrn, Inm• RognItIn Income l• lrfluded In th• Stat•menl of Flnan¢Tral ActivllèB ISOFAI when th• Clrwtt bo¢orn•J ont1•d lo th• re8ourca8, It IB probable we wll T81v• th• re8our¢•i,' and the mon•tary valu• b• rn90sur•d with •ufficl•nt rell•bilty. Exp•ndllur• ExpendItU18 r8eognlsed when a Il•blllty h In¢urn•d or a conslrucliv• obIlgaOn I88# #nd the JffluW of •conomi¢ benefrt more Ilkefy than noL commltting the C¥cuil to payout 1•80urt8. Gr•nl• Grants mado by the Cfjrcull frorn Its own fund• 4f• rewn1 In lull 4t lh• Um• of aweom•nt or vth•n lh• Clrcurt aecepl8 that Ihèro 15 810901 CK op8r8t4Dnal oblig4llon to rnake tho pa1. Whon Ihe grant Is repjrrenl 0r mora than OTr8 ar the balanc• payabJ• In luturo y•ar61¥ Ir•At•d ag g provlsion lor ful commRments In the gal•n Sh•8t &9#ln81 Ihg approprkqle fund. the provlslon bthng rele888d In future yegr8 8¥ instslfflenls are p8lY In a¢¢ord8nt¢ wfth the orfgln•lty tsrrn8. VAT Sknce the Clrcuii is not VAT reg151ered, all Inpltt VAT14 chargad th th• oxpense8 to whkh it rvfgrn. Tanglblo flx•d u••ts for ui• by lh• ClrGuIt These are Ca141rddII Ih•y ¢8n b? used lor mof8 Ihan om yoar. and indlvlthJallye08t at10•8t £1,000. The freeholEI proparty 18 Shown In Iho aecounts 4t 2016 dg¢mgd valuos , of whh th9 land component Is deomed to bo on• Ihlrd. No deprecLAllon Is provhg•d on Ihe building bocausfj th• tru¥t••¥ ¢on$hdgr Ihg Current re8ldual lair value of the mansfj bulldlngs to b¢ Ml1•33 than thelr current market valua. Any deweclalon woukl t bo matérkql. The propety has tsn reVWed for Impalimgnl, P•nAlon8 Most ordaid pre8bfvrB and deacons Arn member$ ofthe Melhc*Ji61 Mknlster8' PeIOn Sthemo IMMPSI. Th1$ 1$ 8 defid b8naftt sehtme. The Suprnm• Court h•ld In 2014 that Methodi$¢ Min+stors ar• not ¢mployao8 01th8 Chvreh. For 8impliclty d•oling with N8tional ITrBurance Contrbutlons and pgn81on conlribulion8 the t•rms '&mF4oyerf and 'emploE, are used a5 Ihey would be in an empfowng body. The Conn8xion accounts tho MMPS pon$lon 8¢heme and 8hrw8 Iha flgur¢$ n the annual Methodigt Church in Great Byttaln aecounts. On the other hand lay 8mployw are contracluolly ernOy0 and have tho optkjn oflolnlng 8 P8n8ths Schome. Tho Clrcult U6e8 NEST Scheme lor ley employ•• Contributions 6% each for both •mployor •mployee. 1Q
¢lrouttlA•dil DI pwr4 T1 Pun T• Fund DrIkd Totsl I,iJo i.yjo 11 090 3• T•i•l T•W Pur4 TrwlPw T1 O•n•Mfp¥f4 Trd•l Fmnd I.IXh•tlr4t•m• T•¢ql T• 4,XO 4JID l•i*•lon do111[11rtPWn I,J7Q rothi T¥u¥i pufié Tat•l WroMI ie 49,Ne fyJrf•l• 4,110 JID 6WAYYtythhwothr i70-
Th• Il•twhtChur¢h l• Olllyghtclrg 1orth• >wr•nd•d Sl AuquNt 3025 2W11 l)••lBMl•d Funds Gpnernl Fun Yrust Fw 111. S1¥l•• l AMp¢i•tsd Co Sthp•nth Lay Toilll Toial 61,J72 71.036 12, 19.896 6S.656 03,286 16.083 1T.4(4 P•nilon cool• 17.404 $7 Yru¥t Fwd Urrn•ttht•d R•JlrfBi•d 2•2 TolAI 11. T01•p & Tr4¥•1 T•lBphrthn8 & 8roadboTrd Ilnr••tdei•d 4.373 UM•Jtdet•d Totsl 4,373 G•h•r•l Fund Lknr••trf¢tsd Tfu•t Fun RHlrfut•d Fun 12. Prowrty CtyJrdl T•x W•tor R• In•urNThco Ehcmrjty R•p4w8 & itnr••lrl¢l•d 9,131 1.522 .aoo 2,399 19,060 3.413 T•tl iJ.Jeo 1,2J7 9.•J9 1,•21 2.JlO 2.71S 25236 3,109 2,180 F••J CWlnqwnnl•l In4p•¢iiv A1 ClruAI OIThc 3,41? 4.111 62,54• 82. eJ,7•1 Clroulllknd•l Trubl Unr•ittht•d tr••l•Tr•t•d Fund• Q•n•r41 Fund VnF••trl¢t•d 276 441 Fw T•t•l 271 441 1,41 T•i•l 420 093 4863 8t•iiunery& Pr1 P•*•9•1 Etyipmqnl ctr¢U M0d•l Tru•t Fund Vnr••trfci&th 0••11•d Fund• Ufii•AM¢t•d G•n•rnl fuTrd 212J Tot41 2124 Totsl 445 289 7,237 077 l& Olh•r Exp•ndhuM BoDk• HO$I•l1ty Rgmovol Experhwj rlry ENp•nq• Chqw•i Trnlnkn 331 10.Q54 304 iO.OJ4 747 23 ¥9 ¥Vthtfr zs• Fo•R J,2C 3U2 24.710 407 Jmin Fee Ind•001 ExBrrdnor 24,710 407 611 1.3TO
fvrlh•y•4r JI AuwBtIMS S•dI ollhl ClrDJA Cu414rAho¥• M¢4v•dlh• ern0 P•rAkn Cr R•v J thr4 R•¥ O Hdr R•¥ F Barn Mrm M122 31.020 31.B14 7.412 2O,Q40 29,04Q 20.211 11.7 7.812 1.742 1,213 I.J07 31,02ll 11,22B Jl,020 1,811 1,274 1.e61 Mr4 J Moths Ilo onv I•llOI1pd In •x¢M• pw Innum TrAV Ewnl e.412 2,462 T.13• 1.51 Numb•rofW•t•#thow•F•pd•y4•nM# bylw l•. T•r•l• D•t•lloliHqli h•ld. ThFM by Mknhtor4. TwTr•Jthrm4n••ir•knl. PrdP•T Chp•lk To1•1 b•1•1 Addthn• Ro¥obj•nj 11.1 1,84&0 486.ofpj 750, 18s.rkn] 2,7aQ,OOD 405.0 5Q.OOU I821,0) 50,1 la25.OCQI Trnnthrn. 1+1. fonwlrd 65. In¥•1 propwdH 4Yw• t•Va In2022 rnothot 1. TdItOr£I¥mUj bD £JOOM. ThoothOrpmp•rt•iw•r•vi•d tytm Twt•i In 0oc•ffl)•r2011 ty•M¢ •rIeThi)•1. Coth ¥¥ not •wii•t49. Ind noknpthnMIthc•. 2Q24 •bt•n ind pr•p•ym•nt• ,81e 7.002 8.013 Tol•l+l•tyMV• •fd pr•p•yTh•n Dtkn rd•letr>th• pr•v P4WMDI D1th•awrnhp•d th AuwiL 13.496 1& thdy•l• of ¢urNntI•WINl•8d Lgng l•rm ¢r•dlDr• 212• Trnd• Cr•dttorn 18,716 17,JB1 Othorcmd 1.380 1,000 350,ODD Totsl Cwr•fftt LtrIllI1•1 17,176 368,061 Credttorn boih SUDdryèxpEn¥e* 1quirtl T•rnlvod kn Augual osd•1vid Inwm•.
Xlll 2&R•i•d P4rtyTNnM#kn 11. 21. Ffid• •r•no Tp•n•f•14 ClOBlw Purpo• 111 63,254 2.490.000 2,413.201 124.73$ 3?,7 12h30.QOOI 217.199 12,,9131 IN736 7,177 Ti klthl Tf¥i¢Fufjd 5.809 61961 278.IIS Mwtsn. pwwfy 278.116 12S,2T4 )8, Oowl¢pm•DI F Cw•i Fund Fund 413• IniUIUb 10.000 È¥4nI••w# 26,400 1.114JJ 2.1999 2M1.730 I.836.gF6 O•nw 429 286 525 470 714 212 ¢¥0 M•th(thl Nknlst•rn Pii•b•rna nOr• Fyr¢J All Wo Con 100
Th• M•thOd1 Chyrch lth ¢lr¢ Doclaratlons and Scrutiny I cenflm th•1 th9¥• a¢ryuol b8¢1 •¢¢ounts for tha to 31 Augu812025 ve b¥•n prgpor¢d from thg records of (he Clrcull and that they Indude all fvnds under Iha conlrd of the Church tru&t•e8. sn$tur¢ oftrea$ur•r.... 10-63-201 12 6(4$) SffJthi& Narn•and 8ddr•8$oftr•a•ur•r.......,........................................................ PrM•nt•tlon to th• Clreult M••lln9 I conflrn Ihal the annual roport and aCCoLte for tho y•ar •ndod 31 gUSt2025 ralI1 . pre8onlod lo mlIng of tho Glrcull M•etlng h•ld on ,.IQAh.rYfft% kn7 Slgnatur• of tho Chalr of Ihè m••dng Nllrna of the Cholr of tho meolkng