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2022-08-31-accounts

CIRCUIT RECEIPTS AND PAYMENTS ACCOUNTS THE METHODIST CHURCH STANDARD FORM OF ACCOUNTS Dorset South and West Circuit FOR THE YEAR ENDED 31 AUGUST 2022 Southampton District Circuit no 26-Aug Registered Charity - Charity Registration number 1150182 If not a registered charity Her Majesty's Revenue and Custom8 Gift Aid number (The HMRC number is equivalent to a registered charity number in terms of evidence of charitable status and may be used to give to donors or grant funders wishing to see evidence of the organisation's charitable status. Methodist charities in England and Wales that are not registered charities are excepted from registration under Statutory Instrument 2014 No.242) Ministers: Revd John Yarrien..(Sup.erintendent)....... Revd Jane Wilson Circuit Stewards: Susan Bird.(Senior Steward)...... Margaret Sibley.................................. Pamela Woodland Janice Young...................................................................................-......................................... Treasurer: Jac ui Trent 2015 CircAJit R and P.xls 1of1

20ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022 Dorset South and West Circuit Clrcult restricted Model Trust Restrlcted Funds Fund Funds Totals thls year Totals last year SECTION A a1 RECEIPTS Note a2 Assessmenvshare 115,196 115,196 164,379 a3 a4 Ca ital recei ts Bank and CFB interest and Investment income 299,575 100 2,107 2,207 3,423 a5 Grants a6 Other receipts TOTAL RECEIPTS 14,636 129,932 14,636 132,039 3,602 a7 2,107 (a8) 470,979 SECTION B b1 b2 PAYMENTS Stipends, salaries, NIC, Pension and travel costs 147,225 27,902 147,225 27,902 124,829 26,778 b3 Manse Costs Administration etc 2,681 55,425 2,681 55,425 780 b5 District Assessment 35,052 b6 b7 Grants & donations Westham & Tolpuddle 3,457 21,011 27,465 21,011 198,791 453,035 79,706 23,152 b8 Other payments TOTAL PAYMENTS 171,326 b9 281,709 171,326 (bg) 293,754 SECTION C NET RECEIPTSIPAYMENTS FOR THE YEAR c1 a7-b9 151777 169,219 320,996 177,225 c2 Total funds brou ht forward from last ear 162,779 684,340 847,119 669,894 Sub total c1+c2 11,002 515,121 526 123 Transfers and ad'ustments c7 TOTAL FUNDS AT END OF YEAR (c3+c4) 11,002 515,121 526,123 (c8) 847,119 (c6) SECTION D FOR INFORMATION ONLY: MONEY RECEIVED AND PASSED ON TO EXTERNAL ORGANISATIONS these amounts should not be included in totsl recei tslpayments above) d1 Balance brou ht fO￿ard from last ear d2 Offerin s/Gifts - received for external or anisations d3 Offerings/Gifts - passed to external organisations BALANCE STILL TO BE PAID d1+d2-d3 d4 2015 Circuit R and P.xls 1 of1

Dorset South and West Clrcult SUMMAR F CIRC IT ACC NT AN ANI ATION REPORTING TO TH TIN SECTK)N E Ploase foll th Gu Summary of the Circuit accounts for the year ended 31 August 2022 and Internal Organisations ￿porting to the Circuit Meeting. Note that the funds of an Internal organisat￿n would normally be Restricted funds unless it could be clearly shown that they could be used for any Methodist purp08e. This section must be completed to arrive at the gross receipts and payments totals of the Circuit. If gross income exceeds the AcaxAals threshold of £250,000, then the Accruals method of accounting AND A DIFFERENT FORM must be used to report the accounts (see Methodist website). P18a5e refer to the guidance notes regarding transfers between the Circurt and connected Circuit Organisats'ons. INTERNAL ORGANISATIONS Net Receiptsl Pa ments Opening balances ments Ad'ustments Closin balances ¢3 e7 Sub lotal of Internal Organisations funds le11) (012) Clrcult accounts Itotsls brought forward from pag• 2 . totsls column) 132,039 (a8) 453,035 (b91 (320,996) {c7) c6 526,123 Ic8) ¢10 HELD BY CIRCUIT 132,039 453,035 (320,996) 526,123 Con1inue on a separate Sheet rf n8ces88ry and bring the totsls forward TOTAL PAYMENTS TOTAL RECEIPTS SECTION F TAT MENT ASSETS AND LIABILITIES OPENING BALANCES CLOSING BALANCES CIRCUIT- CASH FUNDS HELD at 31 Au U8t 2022 Cash in hand Bank Current Account Bank De sit Account f4 Central Finance Board 136,490 Tru8t8e8 for Methodist Church Purposes 684,339 515,121 Other funds SUB TOTAL 847,119 (c6) 526,123 Ic8) Toial furKI8 hdd by Internal Organisthns (the dosing balance totals above) (e12) e11 e12 TOTAL CASH FUNDS HELD BY CIRCUIT 847,119 526,123 SECTION G At OTHER ASSETS •nd LIABIUTIES 1Se emb&r 2021 31 Au ust 2022 Investments indude End(r•mients Land and Buildin Jjee notes re Insurance value 3 168 068 8 138 420 Other Assets Loan - show amount outstandin ar end Other Liabihties f4 Indude onty Funds held at the Central Finance Board f5 Indude onty CFB Funds held at Trustees for Methodisl Church Purp03e8 g1 Include any other investments (not the cash elemenl of TMCP trust accouffls 18 in88rted in line f5) 2015 CKcuit R and P.x

Name of Circuit . Declarations and Scrutiny I confirm that these Receipt and Payment based accounts for the year to 31 August 2022 have been prepared from the records of the Circuit and that they include all funds under the control of the Circuit meeting. Signature of treasurer . ///￿27 Name and address of treasurer . Post Code.. Presentation to the Circuit meeting I confirm that the annual report and accounts for the year ended 31 August 2022 werèlwill be. presented to the Circuit meeting held on Signature of the Chair of the meeting ￿..- Name of the Chair of the meeting te j 1/0 I U-SÉ>￿? Independent Examiner's Report to the Trustees of the )>&) Circuit -1/.*/£2 Charity Number........ Responsibilities and basis of report I report to the trustees on my examination of the accounts of the Circuit for the year ended 31 August 2022 set out on pages l.. to S. As the Circuit's trustees, you are responsible for the preparation of the accounts in accordan￿ 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. delete or circle as appropriate 2015 Circuit R and P.xls 1 of1

Name of Circuit . Independent Examiner's Ststement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below") 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. I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. I baYè/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. Signature of independent examiner Name of independent examiner Relevant professional qualification of independent examiner f HAI¥T Name of firm (where appropriate) . +-ILlC.Tr-r i. ef)'r.'L'l i K IllbJ Sireei 'Illl)Ikili L)I)l NLI D-I'4 1 [3.1 Address Post Code Date ..l.l./.o..i..l.Z.OZ.3.-........... delete or circle as appropriate Sep-22 2015 Circuit R and P.xls 1 of1

The Methodist Church Annual Report and Accounts Dorset South and West Circuit For the year 1 September 2021 to 31 August 2022 Registered Charity: Registration Number 1150182

Southampton District Circuit No 26/8

Ministers Revd John Yarrien Superintendent Minister Revd Ruth Lownsbrough Revd Peter Clark retired 30 September 2021 Circuit Stewards Ms Sue Bird Senior Steward Mrs Jacqui Trent Circuit Treasurer Mr Ross Seagrave Mrs Margaret Sibley Mrs Pam Woodland Mrs Janice Young

Dorset South and West Methodist Circuit Charity Number 1150182 Annual report for year ended 31 August 2022

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Basis of preparation and legal framework

The Charity's annual report and accounts for the year ended 31 August 2021 have been prepared in accordance with Accounting Reporting by Charities; Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland - Charities SORP FRS 102 effective 1 January 2015.

1. Administrative Details

1.9 Current Staff

Superintendent Minister Revd John Yarrien Ministers Revd Ruth Lownsbrough Revd Peter Clark (retired 30 September 2021) Lay staff Circuit Administrators Mrs Maria Jacobson Mrs Jacqui Trent Outreach worker Student Deacon Janet Amey Community Outreach Worker Westham Mrs Jayne Newton from 4 July 2022 Children and Families workers Mrs Jenny Farmer Mr Peter Jenner

Superintendent Minister Ministers

Lay staff Circuit Administrators

Dorset South and West Methodist Circuit Charity Number 1150182 Annual report for year ended 31 August 2022

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2. Structure and Governance

2.1 The Circuit is governed in accordance with the Constitutional Practice and Discipline of the Methodist Church; its organisation is structured around the circuit meeting that meets at least three times a year.

2.2 The circuit meeting is supported by regular meetings of the Circuit Leadership Team (CLT) to conduct day-to-day business and considers matters to be brought to the circuit meeting. The CLT consists of all active ordained ministers, the circuit stewards, the circuit administrators and other staff members as appropriate.

2.3 The Local Preachers and Worship Leaders meeting is held at least three times a year to consider the worshipping life of the church and consists of all ordained ministers, local preachers and worship leaders.

2.4 The circuit meeting may also set up other groups and committees to deal with specific tasks that may arise.

3. Objectives and Activities

3.1 The purposes of the Methodist Church are and shall be deemed to have been since the date of the Deed of Union, the advancement of (A) the Christian faith in accordance with the doctrinal standards and the discipline of the Methodist Church; (B) any charitable purposes 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.

3.2 The Circuit's principal objectives and activities are to enable its churches to work towards their vision of deepening their Christian faith to reach out to others by sharing the good news of Jesus Christ.

3.3 The Circuit provides staff and preachers education and pastoral oversight which enables the local churches to provide Christian worship, spiritual development and pastoral care both to the church members and the wider community.

3.4 The Circuit agrees property and financial policies that help churches focus on their core business; building the kingdom of God through transformed lives as Disciples of Christ.

3.5 The Circuit promotes Our Calling priorities; social holiness, by encouraging its members to make disciples, and to work for social justice.

3.6 The Trustees confirm that they have referred to the guidance contained in the Charity Commission general guidance on public benefit when reviewing the Charity's aims and objectives.

4. Our Mission Statement

Dorset South and West Methodist Circuit Charity Number 1150182 Annual report for year ended 31 August 2022

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The Circuit exists to share the love of God made known to us in Jesus Christ through the power and presence of the Holy Spirit. We do this through

God i s at the centre of all mission activities, and we seek to be guided and shaped by God’s presence and Christ’s example.

Approved by Circuit Meeting 9[th] March 2021

5. Achievements, performance and future

Dorset South and West Methodist Circuit Charity Number 1150182 Annual report for year ended 31 August 2022

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The Dorset South and West Circuit was formed on 1 September 2018 by an amalgamation of the former circuits of Bridport & Dorchester, Portland and Weymouth.

2021-2022: a review of the year

Westham Community Centre c ontinued to be an important base for the Foodbank. We have been supported by a paid worker from Citizens Advice Bureau since April 2022 who has been able to help people attending the Foodbank, and others.

A mission group from Hope and Anchor Community Church in London, but comprising of young people from across the globe, stayed at the centre in August 2022 and as part of their stay completed redecorating and gardening work, which will be of huge benefit to users of the building.

Bridport United Church

During the course of the year Bridport United Church restarted its Messy Church project. This is a craft based expression of church aimed at children and families. The first session 17 children came along and it has grown since then. At the heart of each session is a theme (which the crafts are based upon), a story-time (exploring the theme) and then space to gather to eat together. It’s wonderful see all the family coming together to play, explore and eat.

Safeguarding training has continued this year with Foundation courses being delivered.

Underhill Methodist Church closed for worship in December 2021 and a closing service was held in April 2022. The Circuit is still in discussions as to the future of the site, as it is large and complex and includes allotments, a car park and the Brackenbury Centre. The two churches at Wyke Regis and Broadwey that had closed in the previous year are on the market. A buyer has been found for Wyke and there is a lot of interest in Broadwey. The Circuit hopes to buy a property with the proceeds that would be used by clients of The Lantern Trust and managed by them, and form part of our mission in the area.

Dorset South and West Methodist Circuit Charity Number 1150182 Annual report for year ended 31 August 2022

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Tolpuddle Festival

We again welcomed the President (Revd Graham Thompson) and Vice President (Anthony Boateng) to the circuit for the annual Tolpuddle Festival in July. Both were amazed by the rich Methodist heritage explored in the Story of the Martyrs. It was a joy to walk with thousands from the Trade Union movement, to lay a wreath at the Martyrs grave, and then to worship in the Tolpuddle Chapel for the first time since 2019.

Staffing

We were successful in the stationing process and Revd Jane Wilson will be joining us in September 2022, with responsibilities for Bridport United Church and Uploders, together with mission across the Circuit, initially focussing on the Westham Hub. Mrs Jayne Newton started as the Community Support Worker for Westham, as we prepared to say goodbye to Janet Amey, who will be moving to Stockport in her role as Deacon.

Mrs Jacqui Trent was appointed Circuit Treasurer from September, and this forms part of her paid role. Safeguards have been put in place to ensure that there are no conflicts of interest.

Mission

We were able to support churches across the circuit with Mission and Buildings Resilience grants. These funded such things as new windows at Chickerell, support for a chapel café at Broadmayne and a monthly Dementia Café at Weymouth Bay.

5.1 People Our two ministers have been able to get out and meet people face to face as the Covid pandemic became less serious. The lay team and Supernumeraries have supported the ministers throughout the year.

Revd John Yarrien Revd Ruth Lownsbrough

Dorset South and West Methodist Circuit Charity Number 1150182 Annual report for year ended 31 August 2022

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Ms Janet Amey completed her studies to become a Deacon in the Methodist church and will be stationed in Stockport, Greater Manchester from 1 September 2022. We were very sorry to see her go but wish her well in her new post. A fantastic farewell service was held in July to send her on her way.

Mrs Jayne Newton was appointed Community Outreach Worker for the Westham area. She was able to shadow Janet Amey before she left the circuit and has been carrying out listening exercises to discern what help is needed in the Westham area. Two projects have already been identified for autumn 2022.

Mrs Jayne Newton

5.2 Property.

5.3 All church premises are well used, providing a wide range of worship and activities in their respective communities. All quinquennials are up to date.

5.4 The circuit manses are well maintained. A decision still needs to be made as to whether we need to buy a replacement property for Russell Avenue, which had been sold in 2021.

6.

Financial Review

6.1 The circuit has accounts with Lloyds Bank plc, Central Finance Board of the Methodist Church and Model Trust Funds with Trustees for Methodist Church Purposes (TMCP).

6.2 At 31 August 2022, the unrestricted funds of the Circuit totalled £11002.00 excluding properties and the Model Trust Fund. (TMCP). The funds held at TMCP and available for use are £515,121.00 giving total funds of £526,123.00

General Fund £191926.00 Mission Fund £187342.00 Property Fund £65855.00 Heritage Fund £ 2250.00

Dorset South and West Methodist Circuit Charity Number 1150182 Annual report for year ended 31 August 2022

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Buildings Resilience Fund £78750.00

Totalling £526,123.00

6.4 The Circuit also owns freehold property valued by the trustees at £8,138,420.00. The substantial increase is due to the Circuit taking over the oversight of Underhill, Broadwey and Wyke churches.

6.5 Churches have been able to resume most of their pre-pandemic activities if still appropriate and new initiatives have been started. The mission fund was increased to £200,000.00, enabling churches to apply for funding if required to get things off the ground.

By the end of the year, the pre-school at Broadwey had decided not to continue and they ended their licence on 31 July 2022. The opportunity was taken to put the property on the market and there has been a lot of interest. Informal tenders must be submitted by 8 September 2022.

7. Grants Policy

The Circuit Meeting 9 March 2020 agreed to adopt the following Grants Policy. Each building-funding application should be prepared, and will be assessed, through consideration of the following:

  1. How will your scheme increase Kingdom of God work in your community?

  2. Is there any other building in your location that could fulfil the functions of your scheme as effectively? – church or secular.

  3. Have you discussed your scheme with neighbouring churches of all denominations and with your local community?

  4. Is your scheme compatible with the anticipated life of your church fellowship.

  5. Have you thought of other ways of doing Kingdom of God work in your community without your building?

  6. Without the upgrading and maintenance of your building to occupy you, what would be released in terms of your energy and finance to let God's Kingdom take flight in your community in new ways?

  7. Are your premises a hindrance to mission rather than a basis for undertaking Kingdom of God work in your locality?

Dorset South and West Methodist Circuit Charity Number 1150182 Annual report for year ended 31 August 2022

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The Circuit is continually re-evaluating its grant policies to put mission at the forefront of its work. During 2021-2022 the Mission Fund was increased to £200,000.00 and a new Buildings Resilience Fund was established for churches to access if building alterations would increase mission opportunities. Applications have been made to both funds during the year.

8. Risk Management

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

9. Safeguarding

It is the Methodist Church's intention to value every human being as part of God's creation and the whole people of God. At the heart of the Methodist community is a deep sense of the place of welcome, hospitality and openness, which demonstrates the nature of God's grace and love for all.

Our church communities are called to be places where the transformational love of God is embodied and life in all its fullness is a gift, which is offered to all people.

There are no distinctions regardless of gender, race, disability, sexual orientation, religion/beliefs, pregnancy/maternity and gender reassignment; as a result, everyone has the right to protection from abuse and to be treated no less favourably than others, irrespective of any personal or protected characteristic.

The Dorset South and West Circuit commits itself to ensuring the implementation of the Connexional Safeguarding Policy, government legislation, guidance and safe practice in the circuit and in the churches. The Circuit commits itself to the provision of support, advice, training for lay and ordained people that will ensure everyone is clear and confident about their roles and responsibilities in safeguarding and promoting the welfare of children and adults who may be vulnerable.

10. Reserves Policy

10.1 The Circuit's objectives and activities are to facilitate sharing of resources amongst the local churches to empower them to function as effective witness, mission and caring centres.

Dorset South and West Methodist Circuit Charity Number 1150182 Annual report for year ended 31 August 2022

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10.6 Taking into consideration all the above factors the Circuit needs to hold in the combined general and property repair funds, £70427.00 being three months expenditure. The current levels could increase over the next three years with the employment of extra staff and setting assessments at a level to meet the needs of the Circuit. During 2020/2021, it had been necessary to use some of the reserves to give churches an "assessment holiday" brought about by the closure of all places of worship due to the Coronavirus pandemic A further quarter's payment holiday was also allowed in 2021-22, with the proviso that this would not be continued and that in future years we would be trying to balance the budget.

10.7 The Model Trust Fund at £515,121.00 is held as a reserve to cover major property expense and to expand mission work within the Circuit.

Dorset South and West Circuit Notes to support accounts

1. These accounts are compliant to the FRS102 and FRS102 2015 SORP standards. The accounts have been prepared in accordance with applicable charity law in England, this being the Charities Act 2011 and SI 2008/629 (Charities Accounting and Reporting Regulations).

2. Funds

The funds held constitute: General Funds, which are unrestricted, are held for any purpose of the Circuit. The Circuit Model Trust Funds has wide purposes defined in Standing Orders and is categorised as unrestricted. Any funds may be represented by more than just cash.

3. Accounting policies

Basis

These accounts have been prepared on the basis of historical cost, except that investments are shown at their market value at the end of the year, on the accrual basis to show a true and fair view of the Circuit's financial position and activities.

Based on the monetary assets and human resources available to the Circuit at 31 August 2021, the trustees believe the Circuit is a going concern.

Dorset South and West Methodist Circuit Charity Number 1150182 Annual report for year ended 31 August 2022

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Income recognition

Income is included in the Statement of Financial Activities (SOFA) when the Circuit becomes entitled to the resources, it is probable we will receive the resources; and the monetary value can be measured with sufficient reliability.

Expenditure

Expenditure is recognised when a liability is incurred or a constructive obligation arises and the outflow of economic benefit is considered more likely than not, committing the Circuit to pay out resources.

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 provisions 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.

VAT

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

Tangible fixed assets for use by the Circuit.

These are capitalised if they can be used for more than one year, and individually cost less than £1000.00. The freehold property is shown in the accounts at £8,138,420.00 deemed values, of which the land component is deemed to be nil. No depreciation is provided on the buildings because the trustees consider the residual fair value of the manse buildings and others, to be not less than its market value. Any depreciation would not be material. 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 end of the year are shown in the SOFA.

Pensions

Most ordained presbyters and deacons are members of the Methodist Ministers' Pension Scheme (MMPS). This is a defined benefit scheme. The Supreme Court held in 2014 that Methodist Ministers are not employees of the Church. For simplicity when dealing with National Insurance Contributions and pension contributions the terms "employer" and " employee" are used as they would be in an

Dorset South and West Methodist Circuit Charity Number 1150182 Annual report for year ended 31 August 2022

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employing body. The Connexion accounts the MMPS a pension scheme and shows the figures in the annual Methodist Church in Great Britain accounts.

On the other hand, lay employees are contractually employees and have the option of joining a Pension Scheme. The Circuit uses the NEST scheme for lay employees. Contributions are 6% for both employer and employee.

Dorset South and West Methodist Circuit Charity Number 1150182 Annual report for year ended 31 August 2022

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Dorset South and West Circuit 26/8 Dorset South and West Circuit 26/8 `
Statement of Financial Affairs
Notes General
Unrestricted		 Designated Funds
Unrestricted		 Circuit
Model Trust
**Unrestricted **		 **Total 2021-22 ** Total 2020-21
Income and Endowments
Donations and legacies 174
Income from monetaryinvestments 100 2107 2207 314
Income from investmentproperties 3109
Assessments on churches 115196 115196 164379
Capital Receipts 299575
Grants received 0
Other charitable activites 14636 14636 3428
Total from charitable activites
Other Income 490979
Total income and endowments 129932 2107 132039 941958
Expenditure
Grants and donations 784 784 3457
Salaries and associated costs 141253 141253 124829
Propertymaintenance 27902 27902 30086
Telephone and travel 8669 8669 7126
Professional fees 3898 3898 2820
District assessment 44640 44640 35052
Ministryand Mission 10785 10785 58158
Connexional levy
Contribution to District Advance Fund 42576 42576 21548
office expenses 4733 4733 5854
Westham and Tolpuddle 21011 21011
other outgoings 18034 128750 146784 4824
Total Charitable expenditure 324285 128750 453035 293754
Net income/(expenditure)
before othergains and losses
Gains(Losses) on
monetaryinvestments
Gains(Losses) on
investmentproperties
Net Income(Expenditure) -320996 177226

1

Notes General
Unrestricted		 Designated Funds
Unrestricted		 Circuit
Model Trust
**Unrestricted **		 **Total 2021-22 ** Total 2020-21
Transfers between funds
Othergains/losses
Net movement in funds -320996 177226
Total funds brought forward 847120 669894
Total funds carried forward 526124 847120
For information only;Moneyreceived andpassed on to External organisations 2021-2022 2020-2021
Balance brought forward from lastyear
Offerings/Gifts received for External Organisations
Note 21 Nil Nil
Balance carried forward

2

Dorset South and West Circuit 26/8
Balance Sheet at 31 August 2021
Notes General Fund
(unrestricted)		 Circuit Model
Trusts
(unrestricted)		 Designated
Funds
(Unrestricted)		 Designated
Funds
restricted		 Totals 2022 Totals 2021
Fixed Assets
Circuit Manses & Equipment 15
Investment Properties
Investments 16
Total Fixed Assets
Current Assets 3345 3345.00 26290
Debtors
Expenditure
Investments with TMCP 505538 9583 515121.00 684339
Central Finance Board Deposits 7657.00 7657.00 136491
Cash at Bank and in hand
Total Current Assets 17 526123.00 847120
Current Liabilities
Creditors(due under 1year)
Grantspayable within 2021-22
Total current liabilities 18
Net current assets/liabilities
Total assets less current liabilities
Funds of the Circuit
General Fund(unrestricted) 3345 3345.00
Circuit Model Trust Fund(unrestricted) 515121 515121.00
Designated Funds(unrestricted) 7657 7657.00
Total Funds 526123 526123
Dorset South and West Circuit 26/8
Cashflow Statement
Notes 2022
£		 2021
£
Net cashflowprovided byoperatingactivities 1 -320996 177226
Cashflows from InvestingActivities
Cashflows from FinancingActivities
NET CASH FLOW -320996 177226
Change in cash and cash equivalents in theyear -320996 177226
Cash and cash equivalent at the start of theyear 847120 669894
Cash and cash equivalents at the end of theyear 2 526123 847120
NOTES TO THE CASHFLOW STATEMENT FOR THE YEAR ENDED 31 AUGUST 2022
1 Reconciliation of net expenditure to net cash flow from operating activities
2022
£		 2021
£
Net movement in funds for theyear 177226
Gain on investments
(Increase)/decrease in debtors
(Decrease)/ increase in creditors
Net cash flowprovided byoperatingactivities -320996 177226
2 Analysis of Cash and Cash Equivalents
2022
£		 2021
£
Investments with TMCP 515121 684339
Central Finance Board Deposits 7657 136491
Cash and bank and in hand 3345 26290
Total cash at bank and in hand 526123 847120
Dorset South and West Circuit 26/8
INCOME Unrestricted Designated Model Trust
Fund
2022
Totals		 2021
Totals
1-3 Assessments 115196 115196 164379
115196 115196 164379
4. Donations and Legacies
Donations 174
Legacies
Total 174
5. Investment Income
Central Finance Board 100 100 314
TMCP 2107 2107 3109
Total 100 2107 2207 3423
6. Charitable activities - other
Contributions from churches(from old churches) 5904 5904 0
7. Other Income
Other income{ grantpastor appt,conf office support,rent Capitol close}
Bookeeping
Westham rent 5182 5182 3428
Westham other income 3454 3454 0
Tolpuddle collections and donations 93 93
8729 8729 3428
EXPENDITURE
8. Salaries and Associated costs
Stipends 108282 108282
LaySalaries 30834 30834
National Insurance
Pension costs
Apprenticeshiplevy 359 359
other staff costs 1778 1778
Total 141253 141253
Average number of staff employed duringtheyear were 7 8
9. Telephone and travel
Telephone and broadband,includes Zoom 2697 2697
travel 5972 5972
Total 8669 8669
10 Property Maintenance
Council Tax 6698 6698
Water Rates
Insurance 10411 2758 13169
Repairs and Maintenance,includes Westham 9378 14388 23766
Professional Fees 2406 2406
Quinquennials 700 700
Energy 1416 3865 5281
Total 31009 21011 52020
11. Expenditure
Stationeryand Print 3540 3540
Postages
Equipment 762 762
Website and Plan(see broadband) 0
Total 4302 4302
12 Other Expenditure
Use of Premises(energy)
Rent(MMHS)
Books( publications) 285 285
Relocation allowance
Removal expenses
Preachingand travel 1925 1925
Training
SundryExpenses 18034 18034
Administration fees TMCP 1950 1950
Other Resources
Bank charges 144 144
Other charges 792
District Assessment 44640 44640
URC Levy 10785 10785
District Advance Fund 42576 42576
Donations 784 784
payment to Pension Fund 126800 126800
General Mission 4833
Total 246765 4833 1950 253548
13 Payment to Trustees
Trustees remuneration
Several of the Circuit Staff are trustees of the
Circuit. The ministers are paid stipends and travel
expenses agreed annually by the Methodist
Conference.
The lay employees who are Trustees are paid in
line with the principles of the Methodist Church's
policy for payment of lay employees. The highest
paid minister receives £28406 and the highest paid
lay employee receives £11887 No one receives a
salaryor stipend in excess of £60,000.00.
Number of trustees who werepaid expenses 0
15 Tangible Fixed Assets
The circuit now has two manses. Both are occupied
by a Minister. The circuit also has responsibility for
two properties in Bridport which are let,
Tolpuddle chapel which is a heritage building and
still used for worship and the former Westham
Methodist Church which is closed for worship, but
used for community lettings which cover all its costs.
The circuit is also responsible for the upkeep of
Wyke Regis, Broadwey and Underhill Methodist
churches which have closed for worship. Broadwey
and Wyke are for sale, and Underhill is under
consideration.
Cost or Valuation Manses
£
Balance brought forward 3114193 3061229
Additions(Broadwey,Wyke & Underhill) 5021452
Revaluations(+/-) 2775 52964
Disposals(+/-)
Expenditure
Balance carried forward 8138420 3114193
16 Investments
The funds that support the Circuit Model Trust Fund
and the Manses Fund are held by TMCP in Trustees
Interest Funds
on which interest is credited to the accounts each
month. These are regarded as medium and long
term investments
Analysis of investment movements
2022
£		 2021
£
Investments held in common investment funds
Securities not listed on a recognised Stock Exchange
Other Investments
Total
Change in investment values
Carrying (market)value at beginningofyear
Add:additions to investments at cost
Less:disposals at carryingvalue
Net gain/(loss)on revaluation
Carrying (market)value at end ofyear 0
17 Analysis of current assets
Debtors andprepayments 2021
Prepaid assessments 10282
Accrued income
Other debtors
Total debtors andprepayments 0 0 0
Debtors relate to thepayment of the September stipend in August
Analysis of cash at bank
Bank balance held in Lloyds Bankplc 3345 26290
Bank balance held in CFB 7657 136491
Bank balance held in TMCP 515121 684339
Total cash at bank 526123 847120
18 Analysis of current liabilities and long term creditors
Trade creditors
Deferrred Income
Total current liabilities
19. Capital commitments and contingent liabilities
No Contingent liabilities were identified at 31 August 2020.
20 Detailed analysis of individual fund movements
Unrestricted Funds
Unrestricted Fund Name OpeningBalan Income Expenditure Transfers Closing
balance
General[forgeneralpurposes] 25883 191926
Designated:=
Property [for manses and otherproperty] 85228 63748
Mission 51670 187342
Model Trust Fund allocated to funds 684339 2108
Heritage Fund 2250
PropertyReserve- Buildings Resilience Fund 78750
Totals 847120 526124
21. Donations to External organisations 2022
£		 2021
£
World Mission
Mission in Britain
Methodist Ministers Housing
Total Nil Nil