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2023-08-31-accounts

RYEDALE METHODIST CIRCUIT 29134 TRUSTEES. ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2023

RYEDALE METHODIST CIRCUIT ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2023 ADMINISTRATIVE INFORMATION Circuit Number. 29134 Clrcum Staff.. Ordained.. Superintendent Minister. Rev Peter Sheasby 7 Pinfokl Garth. MaRon. North Yorkshi￿. Y017 7XQ Mini$lors'. Rev Graham Ransom Lay.. Mi$sion81 Lay Employee.. Administration Assi$lant'. Mr8 Karen P8ttrnon Mrs Ann Thomas Truslees.. All member8 of th• Cirtull Meetirvj. A fvll list 18 availabl8 on rèqu6St. Circurt Stewards,. M8 Kate Gibb¥ Dr Julia Branson Mr Steve Amold Mr John Foster Mr R￿hard Lukey Circuit Tre8surer'. Mr Philip Roy Evan$ FCCA Independent Examiner.. Mf MKhael RKhmoThl FCCA Champleys Chartered Certffied A￿OUntants Champleys Me145. Market Place Pickering North Yorkshiro Y018 7AE STRUCTURE GOVERNANCE AND MANAGEMEpir The Governing Document Deed of Unton11932} arKI Methodist Church Act {19761 cC￿$t11U19d Act of Padiament Selection of Truste88 Appointed by local churche8 èxisting trustees Ministers are aUtoMat￿lty Iru8tèa$ stnjcture Part of the Yorkshire North and E88t District olthe Methc*Jisl Church A¢countsble to the MetPK¥Jist Conference Risks ConS￿ered by the Leadership Team Take professional aoknce when required Adopted safegl￿rdln9 Policy

OBJECTIVES AND ACTIVITIES The ViS￿n of Ryedale Methodist Circurt 1$ to buibj fell￿hipS of eommitted folk)wers of Jesus Christ, who will share the Gospel, grow In faith and demonstrate this throL4h loving servv in both the thal communty and the WKler wom. This vision will be worked OLrt by.. Increasing awareness of God's presence and d&laring His h)ve in our daity lives., Offering safe places for worship where everyone is made to feel wdcome and aceepted", Providing opportunilEs for spirrtual growth and ￿arnIng.. Providing time and space for church and tsjmmunrty activities.. Showing care and support for all, Sharing tasks of ministry among both lay and ordained people,. Working for justice and peace for all people. and Regularly ￿VIewIng opportunitK8S for mI¥sK￿. ministy and worship bolh wrthin the Methodist Circuit and with others of faith. Objectives.. Tbe purposes of the Methodist Church are and shall be dear￿d to have been $ln¢e the Date of Unlon the advancement of.. al The Christian faith in a￿rdance wrth dothinal Standards and discipline of The Methodist ChurGh., bl Any charitable purposo fr>r the time being of any Connex￿n81. District, Circurt, local or other organis8tion of The Methodist chu￿h.. } Any charitsble wrpose for the tiff being of any sc¢W or instrtution 8ub8idiary or ancillary to The Melhodisl Church,. d} Any Purpose for the lin being of any charity being a charrfy 8ubsvJiary or an¢ilLqry lo The MethoJisl Chur¢h. STRUCTURE AND DECISION MAKING The Circuit slatt work as a team sharing respons￿l1￿.ety wo$$ the Clrcuit. Day-l￿aY man8g8menl decisions are t8ken by the Circuit Lead¢rship Team {CLTI. Thé CLT is comp08ed of tha Circuit Stewards and ordained staff. The Circurt Mgeling is the pnncipal decision4naking body responsible for the affairs of the Circuit and the development of circuit policy, although decision on specrfic mattets is delegaled to the CLT when required. 11 also acts as the focal point ol the working fellowship of the churches in the Circuit. overseeing their pa8tor81, training and evangellstic work. It meets ￿lce yearly, in the autumn and spring. CLT meets betsveen Circuit Meetings lo.. 1. discuss the lrfe and work of the Circuil 2. formulate w0mMendat￿n$ for the Circurt Meeting 3. carry out work on behaw ol the Circuit Meeting, where appropriate. 4. to ensure the Circurt effectNety uses rt8 financial resources through. agreging proposals for the annual cIr￿rt budget in advance of the Circurt Meeting monitoring fIna￿la1 procedures. The CLT is responsiblo for the maintenance and upkeep of the manses and has the aulhorty lo approve emergency works to manses on behaw of the Circurt Meeting. All property schemes within the Circurt are examin￿ by the CLT who wommend on appropriate response lo the Circuit Meeting. The CLT may seek cLqnfulion or mcitfic8t￿n of an applicatM)n tsef￿e making ils recommendation lo the Circuit Meeting. In addrtion lo seeking approval, a chU￿h moy seek financial support from the Circuit foi urgent repair5 or essential improvements. No limrt 6 placed on this although requests have to be justrfied and the continuation of the church onsidered appropriate wlhin the Circuit. For other prqects lup lo £50001 the CLT may recommend that the Circuit Meeting grant from the Circurt Mc#Yel Trust Fund up to 150A of the budgeted cost of the scheme Isubjecl to fvnds keing 8vailablel depending on how well the scheme frts the approval crrteria. The CLT is also responsible for ensuring staffing levels are maintsined at a workable level and may allocate fvnds for the employment of lay staff to as*st with the w￿k of the chureh when deemed necessary.

RISK MANAGEMENT The Trustees have examined the major strategic and cyerational risks facing the Circurt and have eslablished tho necessary systems to manage or mitige these risks. In part￿ulaT.. insurance cover is in place the finances of the Circurt are kept under reviv the Circurt has adopted the Melhrxlist Church Safeguarding Policy arKI ensured rt 1$ rolled out lo the chLtrches,' appointed a Circuit Safeguarding Cfrordinator," appropriate Dwlo$ure and Baning SeNice ID8SI checks are made and there are regular audits of Safeguarding praclices across the Circurt and all ts churches. P b1￿ Benefit We confimi that the trustees have had regard to the Chanty C¢ynmissvJn's guKlance on publ￿ bgneffil. Ryedale Methodist Circuit carries out a range of ￿t￿rtIeS In pursuance of its missK)n. The Trustees consider that these activities. summarised below. provide benefft lo those who are members of the Circuit through the local Methodist churches and the wider wmmunty. ACHIEVEMENTS AND PERFORMANCE s Actwl . Acts of worship andpastoral ca Th8 Circuit produces a quarterly, or bi monthty. preaching F4an lo ensure regular 8et8 of worship lake place al ea¢h of the Mothodisl churches and Local Ecumenical Partnerships under its remrt. These are open to all peoplè, wrthoul charge. The Ministers have pa$loral care for these churche8. Baptisms. Weddings 8nd Funer8ls Tha Circuf( staff conduelèd bapli$ms, weddings and funera18 at ea¢h of the churches in the Cifcuil. These services are available at the discretion of the person wrth pastoral chargè. No charge * made for baptisms. A modest set fee is usually charged for weddings and funarals. ork with Childrgn, Youth, and Fam￿tss in th• local c￿n￿Un The Circuft 8UPPOrts the work done in the kc81 churches to create and 8trengthèn relationship8 and help people along their lrfe's ioumey ensure peoplè feel wekome and get a positive eXpenen￿ of Church life encourage people to start and continue a joum¢y Into farth. We lim to rn8k8 these services available to everymo. Presbylgrs. Deacons and Local The Circuit spiritually and financialty supported the aboNe named Presbyters Ihroughoul the year (or for the perkjd shownl,. a number of active Local Praachers and several Supernumorary Mini8lefs took serwces and preached in the Circuf('$ churche8 during the ye8r. Lay EmployGes Tha Circuit fundod. A part lime Lay Employeg A part-lime Admini$lTalor Propety management The Cir¢urf( maintained Nvo manses throughout the year. Unused manses are rented oth until required for new ministers. The properties were onty xcounled for as manses whiL8t Occup￿ by ministers Four further fomier manses were commercialty let. One redundant church was sokl durirvJ the year and hmo ¢k)sed church buildings were transferred to the Cireurt. Volunteers A substantial part of the Circuiys ministy is accomplished by voluntrs. AM the C￿Curt Stewards and the other members of the Circurt Meeting, except for the Ministers and paid lay employees. are voluntee￿. All Ihe local preachers are volunteers.

FINANCIAL REVIEW The Accounts for the year ending 31st August 2023 and the Statement of Assets and Liabilities as at 31th August 2023 are contained in Appendix 1. These show a nel surplus (gross inconE less expenditu￿) of £71,OCQ in the year, with lotsl cash fUr￿S of £544.000 at the end of the year. This nel surplus figure was mainly attributab￿ to the sale of a closed churth bul also the result of lower 81aff costs Tesutting from the inabilty to recruit a new minister and a reduced District assessment. Interest recewed was alsQ signrficanlly higher than in prewoug years. Grants of £15,000 were m￿e to churches for 8ssenlJal repairs. Unrestricted funds achieved a Surplus of £16.000, meinty the result of the lower costs and increased inlorosl. At th8 start of the financral year a donation of £6,000 was made from the CMTF lo the Yorkshire North and East District of the Melhodisl Church (per the $tsndard approxh where CMTF balances ale hèld). The principal funding sources for the year to 3111 August 2023 are the Asses$rnnts received from the churchos Wlthin the Circuit and property rental. The principal expendrture is the salory Costs of the ministers and W employees of the Circuit. The Reserves polKy 18 Contain￿ in Appendix 2. The Trustee8 have established a Folicy whoreby the unrestricted funds held in the Gener81 Roserve {excluding amounts allocated lo the Manse fund and the Propety Inspection fund) should be sufficient to cover six months of general running costs. AI 3111 August 2023, the level of reserves was £268,000. wrth net cUr￿nt liabilities deduet Ibul not Including loans) and annual expected expèndrture Is £277,000 Iincluding possibb grants lo churches lo help wrth tssenlial repairs). This approach lo res6rv68 is considered prudent 8nd currènt bolances, although higher than required, arè Considered benefic¢al in thè current uncertain econcvnic climate and will enable the Circuit lo h61p l¢xal hUrch￿ where considwed beneficwl. Resèrvos exduding ￿￿$ are, curTOntty, equNalenl to 11 month's C08ts. The Trustees have also established a policy whereby the Circurt M¢>Jg1 Trust Fund should be maintained at a leval 8ufficienl lo fund an anlicipalfjd 18vel of property projects plus the budgeted transfers to goneral fvnds over a five ygar horizon, after allowing for inflows from property sales. At 3111 August 2023. the balance of the CMTF (excluding the restricted funds) Is £213,IJOO. The CMTF is currentty in a position whKh exca¢ds the wuirements of the policy. This reserves policy will be reviewed regularly. Over811. the Tru$lees con8id8r the financi81 p08rt￿n to L* satk8factory. Approved on 14th March 2024 arbd Signed on behalf of Ihe Cknuit by.. Revefend Peter Sheasby Superintendent Minister

APPENDIX 1: ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2023 Unwtri¢l Funds Circurl ilodol ,, Trust Fund , Oth•r Fund8 Totsl this y•ar Total la¥t y•ar RECEIPTS Asses$mgnt15harè 161.465 161.465 79.080 Capital raceipts 59,491 288,288 347,779 1,000 Interest and inve$trn?nt Ir￿c￿ 7.987 9.196 18,026 2,625 other recèipts 43.319 43,319 64,301 Tot•1 ro¢glpt$ 211T11 68,087 289,131 570,$89 147,008 PAYMENTS Stipends. salaries, NIC, ￿nSIon and travel costs 102,748 102,746 73.274 Manse costs 8.456 18,273 AdrninlstrAth"on ate 4.637 470 149 5.256 7.813 Di$tn"¢i ass•ssment 34.884 41,092 Grants Loons •nd donats.or 15,246 5,738 288,288 309,272 278,840 Other payrnents 31,107 39,C￿5 31,280 Totsl p#ym•nts 198.878 28e,437 499,421 450,JS2 N•t r•¢•lpts and paym•nt• Total funds brought forward frryn last y&or 15.893 $4,581 71,168 1303,3461 284,614 163,637 24,348 472.599 775,945 Transfers and adiuslments 19.423 1468S) (14,738) Total fund• at •nd of y•ar 319.930 213.633 10,304 543,768 472,599 Notes: Otho¢ paym¥nts in¢l¥Jo £820 tor indop•￿￿¢rtt •xamirl$ 1008. rsnt•J prwty c¢st8 of£10.788. Grant from TMCP Is a £5.738 contnbuts.on to the OL$tr￿t Alavan￿ FuThJ. Gaprtal r8c8ipts from Oth8r funds ar• prqacl costs for Mton Church by an •qulv8l•nt •nounl, 08lro • refund ol th8 Cireurt prq)arty l•vy pa￿.

STATEMENT OF ASSETS AND LIABILITIES AS AT 31 AUGUST 2023 Opening b¥knnce Closln9 b¥lanc•s CASH FUNDS HELD current account 53.794 57.407 Central FInar￿ Board dèposit aceount 231,981 283.685 Trustsgs for Methodtst Church PurF<)ses 186,824 222,676 Other fijnds TotRI calh lund• ￿ld by ¢I￿Ult 472,599 543.788 OTHER ASSETS AND LIABILITIES In￿$b￿antS 11,7S6 11,194 Land and buiklings 1.738.230 2,C69,300 Other a8e•t8 7.610 8.268 Loans 84,810 Other liabilits'es 40,706

APPENDIX 2: RESERVES POUCY Our Reserves P¢licy relates to our generd lunTestricted) fvnds whth are fr• availybkn to be usad for any or all ol the purposes of the Circuit. Other funds are also included for the sakè of clarity and openness and lo show that the Circuit has 8 policy for the management of all of its money not simpty those which are defined as reserves. Alm8 To secure and sustain the CircJJit'8 viabilty and fLrture. To reassure the general public that the Circutt, whth is a charity. intends to use am of the mC￿eY coming into ils car& for the purposes of the charty. Thrèè Step Process In line wrth Connexional guIdar￿. V￿ undertake a three stap pro￿$ in setting re8eNes pOI￿Y." sel out our miSs￿n aims decbje what financi81 plans will b& necessary lo achieve tho88 &ms determine the appropriate level of re¥gfve¥ required to meet our finanual plans. 111 Ml$sSon Pollcy The Circuit's Mission Policy 18 set (yjl in a separe d￿L￿r￿n1 developed during th• mer9er prcK888. Essenlialty. rt provide8 for. la} The ministerial oversight and pastoral of up to tsventy churche8 in th8 C1￿urt. Ib} The support of a ministry to¥m of three pr88byteral Mini8ter8 {1 at 31 Aug 20221, a Deacon (rètired 18.10.211 8¢v8ral supèmumerary ministers and three lay empbyees (one plu8 ￿ Administrator currenttyl. (GI The mainlgnanco of the tsvo Circurt manses. four fom)¢r manses are currenlty1o1 out commercially. and any lo$ed ¢hapg1s which are in the process of bèing 801d. {2) Flnan¢l•l Plans Each year, the required levèls of expenditure and incoTr* are reVI￿￿j and a CThiit budget 18 prtsjuced. This cov8r8'. the total lev61 of èxpgndrture required ty the Circuit to meet the costs of 1lal. Ibl al￿ 1¢) above expected income from the let properties requirement for contributions lo the Circuil frrrfn individual chapels appropriate levd of transfer frcm Circurt Model Trust Fund {budgeled at £10.000 for 2023r24} as a general amount help meet CIr￿rt needs plu8 eXcept￿n8[ transfers where necessary to fund the Circuit's financial help for Churches. We make provision for ￿r propety maintenance programme by designating an amount per annum for each man$e to maintain the properties. and an amount per annum to fund 8 prc•Jram of per￿K1￿ propety inspections for all the Circuit properties including quinquennial reports for Circuit churches.

{3} Reserves Policy The Circuit General Fund Under Standing Orders the Circuit must meet its financial ObI￿a￿"0nS in relation lo the 5UPPOrt of ts Ministe￿ and the maintenance of the manses. The lotsl budgeted expendrture for the next financial year lincluding planned contributions to the Manse Fund and the Prcyety Inspection Fund) is c.£247.O¢XI. A fvrther dlowarbce of £30.oc￿ is included for potential grants lo thurches. Our Reserves Policy is to hold at least six Tr￿nth's expenditure in hand. At 31108r23, the balance was ¢.£268,000 Ithat is c. £300,000 balance with nel liabilrties lexcluding bans of £84,000) of ¢. £32,000} so represented ngady one yearfs expenditure. This 1$ above our policy but Is consKlered prudent in the curyenl uncertain financiaj climate. Thg Mansg Fund This is a designated fund whtch exists to cover expendilure Tequired to maintain the Circurt mans88 in good condition and to fulfil requirements of quinquennial Inspe¢th)ns. Our policy is to support this fund from the General Fund by means of ￿ annual amount per annum, set so as lo balance expenditure over a five year ¢y¢le. AS Such. there is no specffie target level of reserves at any point in time, bul an objective of covènng requirwnents without undue volatility in the annual transfer. AI 31108123. tha balance was just over £14,000. The budgeted annual level of funding for next year is £5,IJOO but, following the recent pgri(yJ where sew distancing meant repairs were kept lo a M￿lMum. additional reserve8 aro available lo cover unexpecle(I repairs. Thfj Property InspKtlon Fund This is a designated fund which exists lo cover the cost of quinquennial arKI other le.g. ewull in$pgcbons for both individual churches and circuit properties. Our policy is lo support this fund from the Genoral Fund by rt￿n$ of an annual amcmjnl par annum, sel so a8 to balance expenditure over a five year cycle. AS sueh, there 1$ no specffic level of res8rv&s al any point in limo, but an objective of covering requirement8 wthout undue vdatility in the annual transfor. AI 31108122, the fund balance was just under £6000.. the lyJdgfrted annual ￿Ve1 of funding for Ihe néxt yaaf 1$ £5.600. Clrcult Model Trust Fund Thi$ fund derNe$ from sales ol chapfjls and ￿￿868. HrntorKally. the u80 of thi8 ful￿ has been mtri¢tad to specific purposes by the Conference, but Mc￿0 recenlty C1￿U￿8 have bean gNen the ability lo use thwr cwfF a8 they see fft. Our policy is to use the fund to provide support lo the Gewal Fund to fvrther the wotk of the Circuit (budgetèd 81 £10.000 in 20231234 and lo prowde specrfic support for propety related expendilure in indNidual Chapels, through 8 hoc contributions lo signrficanl project8. The c1￿urt also use8 this fund through an inrti8b.ve lo provide 15OA of small property schemes. The call upon CMTF reserves 1$ increased in curronl financialty drfficult time8 to cover larger exception81 grants made where financial difficulties are expenenced by sp￿rr￿ churches. Our Reserves Policy is lo hdd suffiC￿nI in the CMTF lo cover prqeded expenditure. over a 5 year honzon, aftér allo•ving for anticipated proceeds from property sales -this expendrture c￿prising.. Continuing 5UPPOrt for the General Fund {bud9eted at £10.000 for 2023r24) Specific allowance for S￿nfficant projects already committe(I lo or anticipated Contributions of £30,000 per annum to fijlure s￿nffi￿nt proj'ects and repairs A running ¢￿t ￿ £5,000 per annum from the"15% Scher￿. This would suggest a requiremènt of £225.000 plus the co81 of SF¢cthc prgects less proceeds from Sa￿ of closed chapols Inet of levies and fees). The actual balance in CMTF at 31108123 was £213,000 but thts is considered prudent going forward as planned sale$ of closed church properties are estimated at around £162,0￿. Restrlcted Funds Thes8 funds comprise trusts managed by Trustees for Methodi8t Church Purposes ITMCP}, where ether tho funds are committed to a specrfic project or the income is avaiLible foi general use but the caprtal cannot generally be acce5sa. Restrictions for the latter case funds are in line wrth the wishes of the benefactors. These funds amounted lojusl over £10,000 as at 31108123. Holdings of just over £1.100 a￿ hekl wrthin the Circurt bank account but had prewou5fy been hekj in a segregated Savings account and is being treated as restricted until any requirements relating to rts provenance can be confirmed.

APPENDIX 3.. List of Trustees @ 31st August 2023 Role Name CM Secretsry (non Vobng) Mrs R A Thomay Superintendent Revd Peter Sheasby Presbyter Revd Graham Ransom Supernumerary Revd Peter Clark Supernumerary Revd Jane PKkerin9 Supernumerary Revd Bri￿ Shat&l8ton Supernumerary Revd Michael IAfjlliam8 Minister Resident in Circuit Revd Dr Penny Vlorth Minister Resident in Circuit Revd Mark Haynes Lay Employoe Mrs Karen Pattison Circuit Steward Dr Julra Branson Cirtsjrt S16ward K81¢ Gibb$ Circuit Steward Mr Steve Amc4d Circurt Sl8ward Mr Jthn Foslgr Circuit Steward Mr Richard Lukey Synod Rep Mr Robert Rayner Circurt Sloward FinanceEbbefslon Treasurer Mr Philp Evans Circurt Propety Rep Mr Mike Leng Local Preaehers Rep Mts Rachel PTe$t Aller8ton Steward Parr Allerston Trfjasurer Mary Ken Ebberston RepresentatNe Helen Leng Ebberston Steward Miko P￿k Helms* RepresentatNe Andrff4V Leckenby Helmsley Sleward Le5 Helm 10

Helmsley Treasurer Christine 1lln.ght Hovingham Steward Sue GoLx*wil KMS RepresentatNe Kath Hall KMS Representslwe Audrey Wndress KMS Steward Janet Brown KMS Treasurer Stuart Bruwn Leavening Steward Steve Langton Leavening Treasurer Nancy Spencer Mallon Rep Paul Emberley Mallon Steward Ann Lonsdale Mallon Tr&asurer Roger Hadfffjhj Norton Bethel Representativa Jonathc41 Piercy Norton Bethel Steward Veronic8 Pier¢y Norton Balhèl Trèasur8r Margaret Grtham Norton Trinity RepresentatNO John Htsbery Norton Trinity Steward Sue Holme$ Norton Trinity Treasuief Suzanne West Pickering Representative Pan Seller8 Plckering Steward NKJel Pattison Pi¢keTing Treasurer Martin Rodgard Rievaulx Steward Edward Garbutt Rievaulx Treasurer shgi19 Foster Scagglelhorpe Rep Janet Smrth Scagglethorpe Steward Paul Douthwarte s¢agg￿th0rpe Treasurer Nancy Sinnington Steward Davkl Scaring Slingsby Representative Stephen Prest

Slingsby Stewaid Audrey Foster Slingsby Treasurer Brian Smarti Thornton Dale RepresenlatNe Mervyn Hand Thomton Dale Steward Mary Hoggarth Thomton Dale Treasurer John Wc4Jdman5ey 12

APPENDIX 4 NOTES FOR 2022123 ACCOUNTS Other Recelpts Property Rental Booklet Reimburse Preaching Fee5 Trfs in from Closed Chapels Stipends etc Minister Stipends/NIIPension Ministers Travel Lay Workers StipendslNI/ 40665.1J) 152.10 225.C 77661.28 3209.75 21870.51 2277.CKI Lay Workers Travel 6.50 102748.04 b2 A6 43319.10 Grants recelved Malton Project Rfd of Le Manse Costs 288288.¢XI 288288. Insurance Council Tax Water and Vtiliies Repairs and seNicing Manse Inspection5 A5 4127.C 926.1 2200.00 603.00 8456.00 Admlnlstratlon Telephone Manse Admin and telephone ComputerAdmin TMCP Admln Ae50urces flr MlnLsters b3 993. 1897.00 69. 618.31 1678.67 Other Piyments Lay Peachers Closed Church Costs Rented Property Costs Other Payments 568.00 4211.00 10788.00 15540.00 31107.1]0 5255.98 13

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE RYEDALE MEfHODIST CIRCUIT FOR YEAR ENDED 31 AUGUST 2023 I report on the accounts of Ryedale Meth¢>J￿t CiTCUrt (Chanty No.. 1152920) for the year ended 31st March 2023, which are set out on pages 210 13. Respective Responsibllitie5 of TnMtee5 and Examlner As the Circuit's Iruslees, you are responsible for the preparation of the account8 in accor¢Jance wrth the requirements of the Charities Act 2011 I'lhe Acl'}. The ¢harrts trustees consider that an audrt is not requir￿ for this year under section 144 of the Chanties Act 2011 (the charrt￿s Act) arKI that an independent examination is needed. It is my responsibilty to". examine the accoLtnts under seth.on 145 of the Charrt￿S Actr. lo follow the pr¢xedures1oid d(Y•vn in the general DIr￿t￿n3 gNen by the Chanty Cc¥nmi$$ion (under sedion 145 {511bl of the Charrties Act). and lo slate whether part￿￿lar matters have cune lo my attenticffl. 8a$ls of thè Indèpondènt Examlnerfs Report My examination was carried out in accordance wrth the general directions gwen by the Charty Commission. An èxamination includes a review of the ￿c￿ntIng rgcords kept by the charty and a wnpartson of the a¢count$ presented wrth Ihoso records. It also includes consKleralion of any unusu81 i18m¥ or d1￿10$Yres in the 8ccounl¥. 8nd 8eeking explan8tions from you as trustees concerning any Such matters. The proceduros undertaken do not provide all the evidence that woukl be required in an audrt and consequenlty no opinion is given as lo whether the accounts Pfesenl a Irue and fair view, and the report is linwted to those mattwo se¢ out in the slatemenl beknv. Indepondènt Examlner's StateM￿t I have completed my examination. l ¢onfim that no material mattér# hav¢ ccthe lo ry attentson in connection with th examination which givo me ￿￿$9 to believe that in. any malorial respect.. the 8ccounling records were not kepl in accordance with 8￿t￿)n 130 of the Act., or the accounts do not accord with the &¢c￿nting records. I have no c￿CernS and have wme xross no other mattgrs in w1nect￿n with thg ex8rninolion to ¥thich attent should ba drawn in this report in order to enab￿ a Proper un(rstanding of the accounts lo be reached. I have obtained independent vwlfication of all invo8bment8 with the TnJst8es for M8lhtsJi81 Church PuTP0$&8 or hold in other Irusls, bank balances and funds al the Centr81 Finance Board of the Methodist Church which are indNidualty in excess of £10.000 Ilen thousand pounds) al Ihe balance shèèt date. 8lgnatur• of th• Ind•p•nd•nt Examln•r Michael Richmond FCCA BA (Hon81 Champleys Chartered Certffied Aecounlants Champteys Mews, Market Place. Pickenng Y018 7AE 15m December 2023 14