Ctr¢uh A¢¢Tu41• Accoun1• 20244S ThE m￿NDD18T ¢HURCH ftQPORT AND ACCOUNT8 for th• year ended 31 August 2025 Isle of Wlght Clrcuit R•gl•t•r•d Ch*rlty- R•olstr•llDn numb•r 114fj48S Southampton Dl¥trlct No l ¢I￿￿1tH0 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 MB￿n• Whtte Clf¢uII Tr••iur•r Mr Slrnon Mtrrrt$ l*l• of wI￿t Methodl•t Clrcult 8oulh•mpton Dlstrld 26111 Annu•l r•port f¢r y•arendlng 31* Augu•t 2025 8A•l• of pr•p*rthtlon 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 &r*J tho CharfUe8'. Stolement of R8commond•d Prathi¢e 2019 a8 applica￿8 lo thg Financtral Repor￿ng 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 commo￿lon aB The M•thodi8t Churth 1810 ofwlghl Circull. Tho Clrcutt b• parale ￿981 enknty w6thin tho M•thodl$l C￿r¢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 COn8Itut￿9l, ￿￿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• $hown In App•rKllx A of th18 ro￿)rt. Th& Cu8tod18n Truste￿ afe Th¢ Truit811 f¢r M•th)dl81 Church Purpo8e, Central BuHdlng8. Oldham Str••L Manth•8ler M11JQ. Th• Ckcuit'8 rfjg18t￿d add￿$ l• ClrGult Offl¢o, NgWPQrt M•lhodi6t Churth, Quay Street. Newport Ish ol Imght P030 5BA. Th• cIrc￿l,6 iThJepond8nt 8x8min8r8 Knlght Goodh•ad Lbmlt•d, 7 Bournomouth Road, c￿nd1*￿9 Ftyd. S053 30 Th• Clr¢ull'8 b4nk*s 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 Annu*l 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 quar*rfy to c￿￿￿1•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 M8thod*t Church, IDI any PUTPOS• for the Ilmg b81 of any charlly b8lng a charfty $ubBldiary or ancillary to Methodlsl Chu￿h. 3.2 The Clr¢ulVB prIn¢1p￿ cknjoctlve8 and advltbs are to •nable Its chuTchg$ 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$tor*l caro both lo ¢hurch members and thè widor communlly. 3.4 The Clrcull agre&s property and financlgl pollcl8B that help ¢hurthe8 fo¢u8 on Iholr cor• bu$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 s￿lemb￿r 2024. Inlerfm plans w8r& pul in pla￿ lo cov•r 202￿25. We have a Suwrfnt•ndenl Mlnlstsr, R9v Ja￿ Crask8 C￿nIr0 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 metI￿d4*t 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 t￿lIdIng 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•, ShoM*ll 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$os ara 011 w•ll maintained. Ind￿lIng manBes that are CUffonUy1o1. Most churth pr8mlses are w811 mainlaln8d and w911 usod providkng o wld8 ran9ts of w¢¢$hlp and aG*lvltlè8 in their rasp￿tIva eommuniti•¥. ial ond community 8ctIv￿O5 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$l 2025 the Un￿Str￿ted fund8 of the Clrcuil lota118d £345,978 excluding propertie8. Al 3181 August 2025 th• Circuit tho followlng nofvproperty unr881rlci¥d funds. General Fund Modèl Trust Fund Dovolopmont Fund Cow8s Fund 57,877 278.115 4,539 The Ciroil a150 own8 FmhJld Property valu•d by the Innlee$ 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$l up lo a m4ximum of £5,000. Tralning Grants.. 113 of total cost of cours8 up to A maximurn of £300. Misslon project grant5". churches ara expected lo mget al lea5150•k of Ihe eosl. In gx¢&plional Gas95 hbgher grants ar¢ rèfèrred to the Clrcull Me8tlng. Rl•k Minao•m•nt Income an¢J Expenditure i¥ being monrtor8d in total and is cornpared Tr•Ath th• Approved annual budget on a hall yearty bas18 to deled trends as part ol thè rtsk managgmenl proc888 lo avokl untres•on ca116 on reservos. S*f•guard1Tr9 Every pgrgon has valuè and d￿ntty whlch com¢8 dlrectly from Ihg ¢rnalI￿ of maPg and female in God's own image •nd likan66s. Chrl8ti8ns see thi¥ polenll81 as fulfllled by God, rfvcr8atlon of us in Chrisl. Amor)g olher thlnyo this SmpllaB 8 duly lo valuo 011 poople a8 beaflng the irnage of Gtsj Bnd ther•loro lo protect th8m from hami. Tho Isle of WSghl Ctrcutt eknmmi¢s It8eN lo en8uring thg irnplomenl8tlon ol Connexional Saleguarding Policy, gov8rnrnont logislalion, quldaneo, ÈrvJ 88f• pradce In the clr¢uil and In the churche8. Thg 1810 of Wlghl Clrcull commlls It8elf to tho prO￿810n of Support, adV￿e ond Iralnlng lor lay and ord8ln8d people th8t wll ensure poople are cleAr arbd confidenl al)oul Ihelr ro￿$ •rvJ r88ponslbilitieB In 6¥1•guordlng and promotlng the wellare of thlldr8n ond •dulls who m8y b8 V￿lnerable. R•s•rY•6 Polbcy The Circult's objg¢lives and aclvitie5 are lo faoliialo 6harlng ol re8ourc&s among$t th8 local churches lo •mpower them to lundlon as 8ff8Ctive, wilness, ml&glon and caring cenlres. To do this the Clrcult Provld8s mini81orial overslghl for the 17 churches wllhln Ihg Clrcuit Employs lay 8talf lo support the aetivltie¥ of the Circult Maintains a portfolK) ol mansèg a¢ross the clrcull to k¥ovidt res￿￿n￿￿1 accornmodallon for ministers. Surplus accimnmodalion is ienanted to gènerate Inoome for inv8Strn8nl In tho man6e portfolio. The actlvitles are lunded by 8ysossment$ 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 le￿1 of g8neral ￿￿e￿￿816 £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 Mc24 Fundi 202&25 kn¢orn• •nt4 Endowrn•nt• 1 DoDglkJn$ and le9&cIBÉ 2 Inccthe from monétary Inveah•rts 3 Incth from Inveslmwnl 4. AMI￿rn8￿b 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 th8rt1*4• 8 Total Iroffl ch•rIla￿• •£￿￿1￿0 g Oth•r irKomo 10 T•l•l •Trd •AdO￿lI$ Exp•ndltur• 110rani8 Bnd dw•lM>ryJ 12 and I￿￿14190￿)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•xb￿I Levy 19 Conirfbuucfi lo D￿trIct Ad¥•Th￿ Fund 20 Los8 OD 018p￿￿ of Prwrty 21 omcé éxpèMo1 22 C4rAW Expgndhur• 23 Oih•r outgolnai 24 T1￿1 ¢h•rtthb￿•￿p•ndlI¥r• Ioyndlturvtl Wor• Inv•¥lrMnl 94DS I(￿05) 28 G￿￿￿<￿•B￿l on rnon•thry Inv•Blm•nli 26 G￿n￿{￿j￿•s) on Invubn•rl prop•rbé• 27 11•1 l•xp•ndllur•>JTnorffii 28 Tr•Mf•rt b•knn lund• 2901hw yolnillkxB￿1 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•t￿n Monay rnc•lv•d ￿ pa¥Bed on to OrgAnI￿tIOn1 Bglonco brouDhl fD￿ard frrJm1881 y8•r 0fforfng￿fjMth. 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• •¢eOUb*4 Unr••trl¢t•d Unr•4tslct•d Unr•Jtsl¢t•d Tot*l 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 Re￿Ip1S 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 dc￿91￿ 12 sQ￿r￿9￿ and ai8ocJat•d cos11 13 Propoty MaInt￿l￿• 14 T•lophcrf• & Travel 1S Connexlonol •18oMmnt 18 011lrfei A8wi8rnenl 17 D•pr•datlon 18 Ccffjnax￿n•l L 19 C¢)nMbulon to Dlstrlct than¢• Fund 20 LDB8 on DS&posel of Pro￿rty 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•Xp￿dIt￿y•￿n￿m• 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 for￿rd 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 luM￿￿cl•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••t￿ThI• 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 ac￿dance wtth th• FlnanclBI ReporUrwJ Standard apklic8b*g in thg VK and Republi¢ of Ireland IFRS102) l•ff*dl¥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 CIrcU￿811n*ndll poslllcffi and aCllvIt￿S. B8$011 on the monetsry a88•t& human resour￿& a￿11•blo to th• Clrcult the tru6t888 bell$ve th• arcutt IB 8 uyjlng con￿rn, In￿m• R￿ognItI￿n 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 T8￿1v• th• re8our¢•i,' and the mon•tary valu• b• rn90sur•d with •ufficl•nt rell•bilty. Exp•ndllur• ExpendItU￿18 r8eognlsed when a Il•blllty h In¢urn•d or a conslrucliv• obIlga￿On I￿88# #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 pa￿￿￿1. Whon Ihe grant Is repjrrenl 0￿r 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 Ca￿141rd￿dII 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 wh￿h th9 land component Is deomed to bo on• Ihlrd. No deprecLAllon Is provhg•d on Ihe building bocausfj th• tru¥t••¥ ¢on$hdgr Ihg Current re8ldual lair value of the mansfj bulldlngs to b¢ Ml1•33 than thelr current market valua. Any deweclalon woukl ￿t bo matérkql. The propety has ts￿n reV￿Wed for Impalimgnl, P•nAlon8 Most ordai￿d pre8bfvrB and deacons Arn member$ ofthe Melhc*Ji61 Mknlster8' Pe￿IOn Sthemo IMMPSI. Th1$ 1$ 8 defi￿d b8naftt sehtme. The Suprnm• Court h•ld In 2014 that Methodi$¢ Min+stors ar• not ¢mployao8 01th8 Chvreh. For 8impliclty d•oling with N8tional ITrBurance Contrbutlons and pgn81on conlribulion8 the t•rms '&mF4oyerf and 'emplo￿E, are used a5 Ihey would be in an empfowng body. The Conn8xion accounts tho MMPS pon$lon 8¢heme and 8hrw8 Iha flgur¢$ n the annual Methodigt Church in Great Byttaln aecounts. On the other hand lay 8mployw are contracluolly ern￿Oy0￿ 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 T￿￿1 Pun T• Fund *D￿rIk￿d Totsl I,iJo i.yjo 11 090 3• T•i•l T•W Pur4 TrwlPw T*1 O•n•Mfp¥f4 Trd•l Fmnd I.IXh•tlr4t•m• T•¢ql T• 4,XO 4JID l•i*•lon do1￿11[￿11rtPW￿￿n 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. S*1¥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 $7 Yru¥t Fwd Ur*rn•ttht•d R•JlrfBi•d 2•2 TolAI 11. T01•p￿￿ & Tr4¥•1 T•lBphrthn8 & 8roadboTrd Ilnr••tdei•d 4.373 UM•Jtdet•d Totsl 4,373 G•h•r•l Fund Lknr••trf¢tsd Tfu•t Fun RHlrfut•d Fun 12. Prowrty CtyJrdl T•x W•tor R• In•urNThco Ehcmrjty R•p4w8 & itnr••lrl¢l•d 9,131 1.522 .aoo 2,399 19,060 3.413 T•t*l iJ.Jeo 1,2J7 9.•J9 1,•21 2.JlO 2.71S 25236 3,109 2,180 F••J CWlnqwnnl•l In4p•¢iiv A￿1 ClruAI OIThc 3,41? 4.111 62,54• 82. eJ,7•1 Clroulllknd•l Trubl Unr•ittht•d tr••l•Tr•t•d Fund• Q•n•r41 Fund VnF••trl¢t•d 276 441 Fw T•t•l 271 441 1,41 T•i•l 420 093 4863 8t•iiunery& Pr￿1 P•*•9•1 Etyipmqnl ctr¢U￿ M0d•l Tru•t Fund Vnr••trfci&th 0••1￿1•d Fund• Ufii•AM¢t•d G•n•rnl fuTrd 212J Tot41 2124 Totsl 445 289 7,237 077 l& Olh•r Exp•ndhuM BoDk• HO$￿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•0￿0￿1 ExBrrdnor 24,710 407 611 1.3TO fvrlh•y•4r JI AuwBtIMS S•￿￿dI ollhl ClrDJA C*u414rAho¥• M¢4v•dlh• ern￿0￿￿ P•rAkn Cr R•v J thr4 R•¥ O Hdr R•¥ F Ba￿￿rn 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•ll￿OI1p￿d In •x¢M• pw Innum TrAV￿ Ewnl e.412 2,462 T.13• 1.51 Numb•rofW•t•#*thow•F•p*d•y4•nM# bylw l•. T•r•l• D•t•lloliHqli h•ld. ThFM by Mknhtor4. TwTr•Jthrm4n••i*r•knl. PrdP•T￿ Chp•lk To1•1 b•1•￿1 Addthn• Ro¥obj•￿￿nj 1*1.1 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. T￿￿dItOr￿￿£￿I¥mU￿j 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• •f*d pr•p•yTh•n Dtkn rd•letr>th• pr•v P4WMDI D1th•aw￿rnh￿￿p•￿d th AuwiL 13.496 1& *thdy•l• of ¢urNntI•WINl•8￿d Lgng l•rm ¢r•dlDr• 212• Trnd• Cr•dttorn 18,716 17,JB1 Othorcmd 1.380 1,000 350,ODD Totsl Cwr•fftt L￿trIllI1•1 17,176 368,061 Credttorn boih SUDdryèxpEn¥e* 1￿quirt￿l T•rnlvod kn Augual osd•1vi￿d Inwm•. Xlll 2&R•*i•d P4rtyTNnM#kn* 11. 21. F￿fid• •r•no Tp•n•f•14 ClOBlw Purpo• ￿1￿1￿￿1 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 ￿n￿Or• Fyr¢J All Wo Con 100 Th• M•thOd1￿ Chyrch lth ¢lr¢ Doclaratlons and Scrutiny I cenflm th•1 th9¥• a¢ryuol b￿8¢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. s￿n$tur¢ oftrea$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 aCCoL￿te for tho y•ar •ndod 31 ￿gUSt2025 ￿ra￿lI1 ￿. pre8onlod lo m￿lIng 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