## **Trustees’ Annual Report for the period** ## **From 1 Sept 2020 Period start date To 31 Aug 2021 Period end date** **Charity name: Bodmin, Padstow & Wadebridge Methodist Circuit** ## **Charity registration number: 1153871** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|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| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|The Circuit produced a quarterly preaching
plan to ensure regular acts of worship take
place at each of the 11 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 11 caring communities
and supporting charities.| |||Each of our 11 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.| |---|---|---| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|In defining the aims and objectives of the
charity, we confirm the trustees have had
regard to the Charity Commission’s
guidance on public benefit.| ## **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|The Covid crisis continued to keep our
churches closed for most Sunday worship
during the reporting year 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.
In the Autumn and winter. the Circuit was
unsuccessful in being matched with a
suitable minister to replace Rev Sally Long
through both rounds of stationing. To
mitigate that possibility, from Easter 2021
Lay Workers – Caroline Bailey, Myra
Williams and Rod Harrison took on pastoral
roles looking after Lanivet, Millpool, Innis,
Rosenannon, Bodmin, Nanstallon and St
Mawgan, to cover Superintendent’s
sabbatical and to prepare for covering the
potential lack of a second minister
To respond to the continued closure of
Churches due to Covid, the Circuit continued
to produce a weekly newsletter, plus a
written sermon and written devotions which
was mailed to over 100 homes every week,
until Easter 2021. 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.
The Tubestation café opened up again after
the Easter holidays 2021 with a takeaway
and eating-outside policy. It had an excellent
level of revenue through visitors during the
week, with the best ever revenue and profit
in August, although regular giving for the
mission work dropped by about 10%. Work
on the building project slowed down
considerably due to Covid crisis, the
shortage of available contractors and the
sudden refusal of our main supplier for the
prefabricated prayer hut to respond to
communication. Although we lost no money.
We did lose a year’s work in having to start
again with another supplier and design.
Work continued on preparing reports and
documentation for planning permissions for
Wadebridge Bible Chapel re-
modelling/rebuild, and a planning application
to build 10 executive houses on the field at| St Columb was submitted in March 2021. There were a number of outstanding queries from the Cornwall Council planning dept as of August 31[st] 2021. From Late April onwards, to August 2021 the broader Circuit finances managed to be sustained despite cash offerings ceasing completely. Churches began to re-open from Easter onwards in various ways, monthly, bi-weekly or out-door services. St Mawgan however delayed the decision and ultimately in August 2021 took the decision to cease to meet and agreed to transfer all property and finances over to the Circuit. Nanstallon also began discussion aa to whether they could continue to meet. The Superintendent took his required 7th year sabbatical from Easter Monday to July 7[th] timed to return before the end of Rev Sally Long’s completion of her term with the Circuit, to ensure a smooth handover. Rev Sally Long completed her time with the Circuit with a well-attended farewell service on July 25[th] at the ‘Hall for All’ Lanivet. **Additional information (optional)** You may choose to include further statements where relevant about: |||| |---|---|---| |Achievements against
objectives set|Para 1.41|| |Performance of fundraising
activities against objectives
set|Para 1.41|| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The Reserves Policy of the Circuit is to hold
a sum equivalent to four months normal
expenditure. This should be sufficient to
meet any 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.| |Amount of reserves held|Para 1.22|**£31,000**| |Reasons for holding zero
reserves|Para 1.22|**N/A**| |Details of fund materially in
deficit|Para 1.24|**None**| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|| ## **Additional information (optional)** You may choose to include further statements where relevant about: |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|| |A description of the principal
risks facing the charity|Para 1.46|| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Deed of Union (1932) and Methodist Church
Act (1976)| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Act of Parliament| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Appointed by local churches and existing
trustees.
Ministers are automatically trustees.| **Additional information (optional)** You may choose to include further statements where relevant about: |Policies and procedures
adopted for the induction and
training of trustees|Para 1.51|**Induction / Training**
- Range of guidance provided by the
Methodist Connexion
- Leaflet ‘The role of a Trustee in the
Methodist Church’| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|**Structure**
- Part of the Cornwall District
- Accountable to the Methodist Conference| |Relationship with any related
parties|Para 1.51|**Related Parties**
- Other local Methodist Circuits and
Churches Together Groups| |Other||**Risks**
- As considered by the Circuit Leadership
Team
- Take professional advice as appropriate
- Implement Safeguarding Policy and
ensure it is adopted by all churches within
the circuit| ## **Reference and Administrative details** |Charity name|Bodmin, Padstow & Wadebridge Methodist Circuit| |---|---| |Other name the charity uses|| |Registered charity number|1153871| |Charity’s principal address|Bruallen
Bodieve Road
Wadebridge
Cornwall
TR27 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 Sally Long|Presbyter||| ||Others as
registered with the
Charity
Commission|||All other trustees appointed
by the Circuit Meeting or are
Representatives from Church
Councils| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – Corporate trustees names of the directors at the date the report was approved ## **Director name** Name of trustees holding title to property belonging to the charity |**Trustee name**|**Dates acted if not for whole year**|| |---|---|---| |Trustees for Methodist
Church Purposes||| |||| |||| |||| |||| |||| ## **Funds held as custodian trustees on behalf of others** Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** |**Type of**|**Name**|**Address**| |---|---|---| |**adviser**||| ## **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** Declarations The trustees declare that they have approved the trustees, report abova. Signed on behalf of the charity's t stees Signature{$) Full name{s) Position (eg Secretary, Chair. etc) Rev Ajistair Sharp Chair Date 25 March 2022 **CIRCUIT RECEIPTS AND PAYMENTS ACCOUNTS** # **THE METHODIST CHURCH STANDARD FORM OF ACCOUNTS** **BODMIN, PADSTOW & WADEBRIDGE** Circuit **FOR THE YEAR ENDED 31 AUGUST 2021** |**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: ANDREW JENKINS BARBARA HOUGH PETER SEARS Treasurer: PETER HOSEGOOD 2015 Circuit R and P.xls 1 of 1 **BODMIN, PADSTOW & WADEBRIDGE Circuit** ## **20ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2021** ||**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**|£
**100,855**
**1,197**
**60,701**
**10,901**
**Totals this year**|£
**100,855**
**1,197**
**60,701**
**10,901**
**Totals this year**|£
114,714
206,057
2,557
11,726
10,505
**345,559**
79,748
9,954
17,277
31,442
7,640
8,967
**155,028**
**190,531**
241,433
**431,964**
**Totals last**
**year**|£
114,714
206,057
2,557
11,726
10,505
**345,559**
79,748
9,954
17,277
31,442
7,640
8,967
**155,028**
**190,531**
241,433
**431,964**
**Totals last**
**year**| |---|---|---|---|---|---|---|---|---|---|---| |a1|**RECEIPTS**||**Note**|||||||| |a2|Assessment/Share|||100,855|||**100,855**||114,714|| |a3|Capital receipts||||||||206,057|| |a4|Bank and CFB interest and
Investment income|||26|424|747|**1,197**||2,557|| |a5|Grants|||60,701|||**60,701**||11,726|| |a6|Other receipts|||10,901|||**10,901**||10,505|| |a7|**TOTAL RECEIPTS**|||**172,483**|**424**|**747**|**173,654 **|**(a8)**|**345,559**|| |||||||||||| ||**SECTION B**||||||**82,517**
**23,324**
**19,745**
**32,581**
**63,450**
**10,575**
**1,082**|||| |b1|**PAYMENTS**|||||||||| |b2|Stipends, salaries, NIC, Pension and
travel costs|||82,517|||**82,517**||79,748|| |b3|Manse Costs|||23,324|||**23,324**||9,954|| |b4|Administration etc|||19,026|392|327|**19,745**||17,277|| |b5|District Assessment|||28,176|4,405||**32,581**||31,442|| |b6|Grants & donations|||4,638|48,812|10,000|**63,450**||7,640|| |b7||||10,575|||**10,575**|||| |b8|Otherpayments|||1,082|||**1,082**||8,967|| |b9|**TOTAL PAYMENTS**|||**169,338**|**53,609**|**10,327**|**233,274 **|**(b9)**|**155,028**|| ||||||||**(59,620)**|||| ||**SECTION C**|||||||||| |c1|**NET RECEIPTS/PAYMENTS FOR**
**THE YEAR**||**(a7-b9)**|**3,145**|**(53,185)**|**(9,580)**|**(59,620)**|||| |||||||||||| |c2|Total funds broughtforwardfrom last year|||72,120|138,093|221,751|431,964|(c6)|241,433|| ||||||||**372,344**|||| |c3|**Sub total**
**(c1+c2)**|||**75,265**|**84,908**|**212,171**|**372,344**|||| |||||||||||| |c4|Transfers and adjustments|||||||(c7)||| |c5|**TOTAL FUNDS AT END OF YEAR**
**(c3+c4)**|||**75,265**|**84,908**|**212,171**|**372,344 **|**(c8)**|**431,964 **|**(c6)**| ||**SECTION D**||| |---|---|---|---| |d|**FOR INFORMATION ONLY: MONEY RECEIVED AND PASSED ON TO EXTERNAL ORGANISATIONS**
Offerings/Gifts -passed to external organisations
**BALANCE STILL TO BE PAID (d1 + d2 - d3)**
Offerings/Gifts- receivedforexternalorganisations
Balance broughtforwardfrom last year
**(these amounts should not be included intotal receipts/payments above)**||| |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)**||| 2015 Circuit R and P.xls 1 of 1 **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 2021 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)**|**431,964**|**(c6)**|**372,344**|**(c8)**| |e10|**TOTAL CASH FUNDS HELD**
**BY CIRCUIT**|||**431,964 **|**(x)**|**372,344 **|**(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 2021**||**OPENING**
**BALANCES**||**CLOSING**
**BALANCES**|| |f1|Cash in hand|||||| |f2|Bank Current Account||40,395||24,276|| |f3|Bank Deposit Account||15,164||15,166|| |f4|Central Finance Board||16,560||35,822|| |f5|Trustees for Methodist Church Purposes||359,845||297,080|| |f6|Other funds|||||| |f7|**SUB TOTAL**||**431,964 **|**(c6)**|**372,344**|**(c8)**| |f8|Total funds held by Internal Organisations (the closing
balance totals above) (e12)|||**(e11)**||**(e12)**| |f9|**TOTAL CASH FUNDS HELD BY CIRCUIT**||**431,964**|**(x)**|**372,344**|**(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 2020
946,338||31 August 2021
1,011,063|| |g1|Investments(include Endowments)|||||| |g2|Land and Buildings(see notes re Insurance value)||946,338||1,011,063|| |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) 2015 Circuit R and P.xls 1 of 1 ## ## ## ## ## ##