| Trustees' Annual Report | for theperiod | ||||||
| **From ** | Period start date | To | Period end date | ||||
| 1 | Sept | 2019 | 31 | Aug | 2020 |
Section A Reference and administration details
Charity name Bodmin, Padstow & Wadebridge Methodist Circuit Other names charity is known by Registered charity number (if any) 1153871
Charity's principal address Bruallen Bodieve Road Wadebridge Postcode PL27 6EA
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Rev J Alistair Sharp |
Superintendent Presbyter |
Methodist Conference | ||
| Rev SallyLong | Presbyter | |||
| Others as registered with the Charity Commission |
All other trustees appointed by the Circuit Meeting or are Representatives from Church Councils |
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Names of the trustees for the charity, if any, (for example, any custodian trustees)
| Name | Dates acted if not for whole year | |
|---|---|---|
| Trustees for Methodist Church Purposes | ||
Names and addresses of advisers (Optional information)
Type of adviser Name Address
Name of chief executive or names of senior staff members (Optional information)
Section B Structure, governance and management
Description of the charity’s trusts
Deed of Union (1932) and Methodist Church Act (1976) Type of governing document (eg. trust deed, constitution) Act of Parliament How the charity is constituted (eg. trust, association, company) Appointed by local churches and existing trustees. Trustee selection methods Ministers are automatically trustees. (eg. appointed by, elected by)
Additional governance issues (Optional information)
-
Induction / Training
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You may choose to include - Range of guidance provided by the Methodist Connexion
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additional information, where - Leaflet ‘The role of a Trustee in the Methodist Church’
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relevant, about: • policies and procedures Structure - Part of the Cornwall District
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adopted for the induction and - Accountable to the Methodist Conference
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training of trustees;
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the charity’s organisational Related Parties structure and any wider - Other local Methodist Circuits and Churches Together Groups network with which the charity works; Risks
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• relationship with any related - As considered by the Circuit Leadership Team - Take professional advice as appropriate
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parties; - Implement Safeguarding Policy and ensure it is adopted by all
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• trustees’ consideration of churches within the circuit major risks and the system and procedures to manage them.
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Other local Methodist Circuits and Churches Together Groups
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Risks
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Section C Objectives and activities
| Summary of the objects of the charity set out in its governing document Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit) |
The purposes of the Methodist Church are and shall be deemed to have been since the Date of Union, the advancement of: - The Christian faith in accordance with the doctrinal standards and the discipline of the Methodist Church - Any charitable purpose for the time being of any Connexional, District, Circuit, Local or other organisation of the Methodist Church - Any charitable purpose for the time being of any society or institution or ancillary to the Methodist Church - Any purpose for the time being of any charity being a charity or subsidiary or ancillary to the Methodist Church |
|---|---|
| Activities The Circuit produced a quarterly preaching plan to ensure regular acts of worship take place at each of the 13 Methodist Churches in its geographical area. These are open to all people, regardless of race, gender, sexual orientation or religion, without charge, and serves over 350 people every week this way. The Circuit exists to provide a living expression of the Christian faith in action, both in individuals lives and in community work, and providing a regional and national voice. This includes organised acts of learning, caring, worship and service. We do this from a base of 13 caring communities and supporting charities. Each of our 13 churches has a variety of public services that it offers, including, providing rooms for community use, such as Mums and Tots groups, playgroups, youth groups and partnerships with other organisations. |
Additional details of objectives and activities (Optional information)
The Circuit Model Trust Fund had a balance at the year-end of £138,093. You may choose to include This fund is derived from the proceeds of the sale of chapels and its use is restricted by the Methodist Conference. This restriction is an internal further statements, where regulation though the monies may be used for any approved Methodist relevant, about: purpose. • policy on grantmaking; The circuit leadership team considers all applications for funding and • policy programme related makes recommendations to the Circuit Meeting to ensure that grants from the Fund are used effectively for mission and capital works. investment; • contribution made by With the exception of the ministers and one part time administrator all our volunteers. work is carried out by volunteers.
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Section D Achievements and performance
Achievement and Performance Summary of the main achievements of the charity Until March 2020 Consistent weekly worship was maintained at our 13 during the year sites, with growth at several sites, most led by volunteers. This has provided spiritual care and nourishment to 350 regular local worshippers, as well as approximately 750 visitors throughout the year. Our Circuit led on several Churches together projects in Wadebridge through the year, notably Week of Prayer for Christian Unity and Holiday Club. Bodmin Methodist Church hosted a weekly after school club in partnership with Light and Life fellowship, whom we still host on our premises on Sunday afternoons. Tubestation café had good level of revenue through visitors, and continued the Youth Project on Thursdays and Sundays. However, since March and the Covid Crisis all our churches and projects closed their sites for Sunday worship in-line with government guidance. Strict maintenance of government rules was maintained throughout the Circuit with coordination led by the Circuit office and church stewards. From Late March onwards the Circuit produced a weekly newsletter, plus a written sermon and written devotions which was mailed to over 100 homes every week. In addition, the circuit produced a one-hour worship service on YouTube every week, available from Friday lunchtime onwards. These followed the annual lectionary and together these projects were highly effective in keeping up morale and communication across the Circuit. Up to August 2020 the finances managed to be sustained despite cash offerings ceasing completely. Reopening began in the Summer months in some sites, but many preachers and chapels decided not to return to preaching until the Covid crisis was ‘over’.
Section E Financial review
The Reserves Policy of the Circuit is to hold a sum equivalent to four Brief statement of the months normal expenditure. This should be sufficient to meet any charity’s policy on reserves unforeseen major expenditure on manses or to cover the inability of a circuit church to pay their assessment. The circuit has a responsibility to hold sufficient reserves in order to pay the stipends of two ministers and meet our commitment to the District and Connexion. Details of any funds materially in deficit
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Further financial review details (Optional information)
You may choose to include additional information, where relevant about:
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the charity’s principal sources of funds (including any fundraising);
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how expenditure has supported the key objectives of the charity;
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investment policy and objectives including any ethical investment policy adopted.
Section F Other optional information
Section G Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Revd Alistair Sharp Full name(s) Position (eg Secretary, Chair, Superintendent Minister etc) Date 12/7/21
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CIRCUIT RECEIPTS AND PAYMENTS ACCOUNTS
THE METHODIST CHURCH STANDARD FORM OF ACCOUNTS
BODMIN, PADSTOW & WADEBRIDGE
Circuit
FOR THE YEAR ENDED 31 AUGUST 2020
| District CORNWALL |
Circuit no | 12/08 |
|---|---|---|
| Registered Charity - Charity Registration number | ||
| 1153871 |
If not a registered charity Her Majesty's Revenue and Customs 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: REV ALISTAIR SHARP REV SALLY LONG
Circuit Stewards: MRS HILARY THOMAS MR ANDREW JENKINS MRS SUE SLEEP
Treasurer:
MR PETER HOSEGOOD
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BODMIN, PADSTOW & WADEBRIDGE Circuit
ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2020
| SECTION A | £ £ £ Restricted Funds Un - restricted Funds Circuit Model Trust Fund |
£ £ £ Restricted Funds Un - restricted Funds Circuit Model Trust Fund |
£ £ £ Restricted Funds Un - restricted Funds Circuit Model Trust Fund |
£ 114,714 206,057 2,557 11,726 10,505 Totals this year |
£ 114,714 206,057 2,557 11,726 10,505 Totals this year |
£ Totals last year |
|||
|---|---|---|---|---|---|---|---|---|---|
| a1 | RECEIPTS | Note | |||||||
| a2 | Assessment/Share | 114,714 | 114,714 | 119,942 | |||||
| a3 | Capital receipts | 206,057 | 206,057 | ||||||
| a4 | Bank and CFB interest and Investment income |
177 | 1,926 | 454 | 2,557 | 1,596 | |||
| a5 | Grants | 11,726 | 11,726 | 28,375 | |||||
| a6 | Other receipts | 10,505 | 10,505 | 9,837 | |||||
| a7 | TOTAL RECEIPTS | 137,122 | 1,926 | 206,511 | **345,559 ** | (a8) | 159,750 |
| a7 | TOTAL RECEIPTS | TOTAL RECEIPTS | TOTAL RECEIPTS | 137,122 1,926 206,511 |
137,122 1,926 206,511 |
137,122 1,926 206,511 |
345,559 (a8) | 345,559 (a8) | 159,750 | 159,750 |
|---|---|---|---|---|---|---|---|---|---|---|
| SECTION B | 79,748 9,954 17,277 31,442 7,640 8,967 |
|||||||||
| b1 | PAYMENTS | |||||||||
| b2 | Stipends, salaries, NIC, Pension and travel costs |
79,748 | 79,748 | 74,321 | ||||||
| b3 | Manse Costs | 9,954 | 9,954 | 10,348 | ||||||
| b4 | Administration etc | 16,965 | 282 | 30 | 17,277 | 15,676 | ||||
| b5 | District Assessment | 26,892 | 4,550 | 31,442 | 26,284 | |||||
| b6 | Grants & donations | 7,640 | 7,640 | 27,874 | ||||||
| b7 | ||||||||||
| b8 | Otherpayments | 8,967 | 8,967 | 1,593 | ||||||
| b9 | TOTAL PAYMENTS | 150,166 | 4,832 | 30 | **155,028 ** | (b9) | 156,096 | |||
| 190,531 | ||||||||||
| SECTION C | ||||||||||
| c1 | NET RECEIPTS/PAYMENTS FOR THE YEAR |
(a7-b9) | (13,044) | (2,906) | 206,481 | 190,531 | ||||
| c2 | Total funds broughtforwardfrom last year | 85,164 | 140,999 | 15,270 | 241,433 | (c6) | 237,779 | |||
| 431,964 | ||||||||||
| c3 | Sub total (c1+c2) |
72,120 | 138,093 | 221,751 | 431,964 | |||||
| c4 | Transfers and adjustments | (c7) | ||||||||
| c5 | TOTAL FUNDS AT END OF YEAR (c3+c4) |
72,120 | 138,093 | 221,751 | **431,964 ** | (c8) | **241,433 ** | (c6) |
| SECTION D | |||
|---|---|---|---|
| d | FOR INFORMATION ONLY: MONEY RECEIVED AND PASSED ON TO EXTERNAL ORGANISATIONS Balance broughtforwardfrom last year (these amounts should not be included intotal receipts/payments above) Offerings/Gifts -passed to external organisations BALANCE STILL TO BE PAID (d1 + d2 - d3) Offerings/Gifts- receivedforexternalorganisations |
||
| d1 | Balance broughtforwardfrom last year | ||
| d2 | Offerings/Gifts- receivedforexternalorganisations | ||
| d3 | Offerings/Gifts -passed to external organisations | ||
| d4 | BALANCE STILL TO BE PAID (d1 + d2 - d3) |
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BODMIN, PADSTOW & WADEBRIDGE
Circuit
SUMMARY OF CIRCUIT ACCOUNTS AND INTERNAL ORGANISATION REPORTING TO THE CIRCUIT MEETING
SECTION E Please follow the Guidance Notes to complete this page
Summary of the Circuit accounts for the year ended 31 August 2020 and Internal Organisations reporting to the Circuit Meeting. Note that the funds of an Internal Organisation would normally be Restricted funds unless it could be clearly shown that they could be used for any Methodist purpose. This section must be completed to arrive at the gross receipts and payments totals of the Circuit. If gross income exceeds the Accruals threshold of £250,000, then the Accruals method of accounting AND A DIFFERENT FORM must be used to report the accounts (see Methodist website). Please refer to the guidance notes regarding transfers between the Circuit and connected Circuit Organisations.
| INTERNAL ORGANISATIONS |
Adjustments | Opening balances |
Closing balances | ||||
|---|---|---|---|---|---|---|---|
| e1 | |||||||
| e2 | |||||||
| e3 | |||||||
| e4 | |||||||
| e5 | |||||||
| e6 | |||||||
| e7 | |||||||
| e8 | Sub total of Internal Organisations funds |
(e11) | (e12) | ||||
| e9 | Circuit accounts (totals brought forward from page 2 - totals column) |
(c7) | 241,433 | (c6) | 431,964 | (c8) | |
| e10 | TOTAL CASH FUNDS HELD BY CIRCUIT |
**241,433 ** | (x) | **431,964 ** | (y) | ||
| SECTION F |
SECTION F
STATEMENT OF ASSETS AND LIABILITIES
| SECTION F STATEMENT OF ASSETS AND LIABILITIES |
SECTION F STATEMENT OF ASSETS AND LIABILITIES |
|||||
|---|---|---|---|---|---|---|
| CIRCUIT -CASH FUNDS HELDat 31 August 2020 | OPENING BALANCES |
CLOSING BALANCES |
||||
| f1 | Cash in hand | |||||
| f2 | Bank Current Account | 40,136 | 40,395 | |||
| f3 | Bank Deposit Account | 20,127 | 15,164 | |||
| f4 | Central Finance Board | 24,901 | 16,560 | |||
| f5 | Trustees for Methodist Church Purposes | 156,269 | 359,845 | |||
| f6 | Other funds | |||||
| f7 | SUB TOTAL | **241,433 ** | (c6) | 431,964 | (c8) | |
| f8 | Total funds held by Internal Organisations (the closing balance totals above) (e12) |
(e11) | (e12) | |||
| f9 | TOTAL CASH FUNDS HELD BY CIRCUIT | 241,433 | (x) | 431,964 | (y) | |
| SECTION G | At | At | ||||
| OTHER ASSETS and LIABILITIES Loan(s)- show amount outstandingatyear end Land and Buildings(see notes re Insurance value) Other Assets Other Liabilities Investments(include Endowments) |
1 September 2019 927,782 |
31 August 2020 946,338 |
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| g1 | Investments(include Endowments) | |||||
| g2 | Land and Buildings(see notes re Insurance value) | 927,782 | 946,338 | |||
| g3 | Other Assets | |||||
| g4 | Loan(s)- show amount outstandingatyear end | |||||
| g5 | Other Liabilities |
f4 Include only Funds held at the Central Finance Board
- f5 Include only CFB Funds held at Trustees for Methodist Church Purposes
g1 Include any other investments (not the cash element of TMCP trust accounts this is inserted in line f5)
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