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|Appendix|Appendix|A|||||||||Ps 9|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||South warwickshire|||Methodist|Circuit|||||
|||||Circuit|Meeting|Membership||||||
|MINISTERS|||Rev Dr lain Bagsrd|||||||||
||||Rev Jemima Strain|||||||||
||||Rev Jeongsook|Kim||||||||
||||Rev Audrey<br>Simpson||||To31August 2022|||||
||||Rev Sally Jones||||From I September|||2021||
||||Deacon Jane Migs||||From I September|||2022||
|OTHER|MINISTERS RESIDING IN THE CIRCUIT W||||HO WISH|TO SEMEMBERS OF THE CIRCUIT MEETING||||||
||||Rev Andy Laird||||To 9June 2022|||||
||||Rev E Bnen Mason|||||||||
||||Rev Richard Wilde|||||||||
||||Rev Sem McBratney|||||||||
||||Rev Ros Murphy||||From 1 September|||2D21 to|15June 2023|
|CIRCUIT STEWARDS|||Trevor Pethick|||||||||
||||Miranda Tsrrsnt||||To31 December|2021||||
||||David Withsm- Treasure|||||||||
||||Janet Mee||||To 31 August 2022|||||
||||Sheila Brown||||From 3 March 2022|||||
|LOCAL PREACHERS R|||EPRESENTATIVES|||||||||
||||Russell Blackweg|||||||||
|CHURCH||REPRE EN||||||||||
|Bldford|upon Avon||Alan Walker||||1o 3DSeptember||2021|||
|Cubbington|||Derek Dwyer|||||||||
||||David Chirnwde|||||||||
|Dele Street|||Rachel Weir||||To3 March 2022|||||
||||June Gabbitas||||From 3 March 2022|||||
||||Jilt Lloyd||||From 7September|||2022||
||||Joanna Rhodes|||||||||
||||Mark Whtehouee||||From 7 September||2022|||
|Fenny Cempton|||Lmde Coleman||||To 16September||2021|||
||||Jane Knight||||To 16September||2021|||
|Henley|in|Arden|Margaret<br>Blakemore|||||||||
||||Andrew Steels|||||||||
|Kineton|||Michael Phipps||||To31 January 2021|||||
||||Roger Carter||||Froml June2023|||||
||||Lesley Rimeg||||From 12October|2021||||
||||David<br>Gill||||To 16September|2021||||
|Kengworth|||Sandra Quarterman||||From 7 September||2022|||
||||Andrew Banned||||To 30June 2022|||||
||||Ssgy McCawley||||From I September||2022|||
||||Mervyn<br>Harvey||||To 3DSeptember|2022||||
||||Jonathan<br>Burrows||||From 1 June 2023|||||
|Mickleton|||Mark Boulton||||To 30October 2022|||||
||||Timothy Mead||||To30October 2022|||||
|Redford|Road||Margaret<br>Bull|||||||||
||||Andrew Davidson||||From I April 2022|||||
||||Christina<br>Wise||||To 31 March 2022|||||
|Stockton|||Heather<br>Chamberlain|||||||||
|Stratfowl||Upori Avon|Janet Grant||||From1 June2023|||||
||||Kathleen Frsser|||||||||
||||David Dumper|||||||||
|Tysoe|||Christopher<br>Gibbs||||To 16September|2021||||
||||Russeg Blaokweg||||To 16September|2021||||
|Warwick|||1revor Blades||||To 12October 2021|||||
||||Anne Oliver||||From<br>12 October 2021|||||
||||Julia Barr||||Froml June2023|||||
||||Ken Hayward||||From I June 2023|||||
||||Trover Wills|||||||||
|Welford|upon Avon||Brian Bradley|||||||||
|Wegesbourne|||Alison Lusty||||To 14October 2021|||||
||||Carol Cave||||From 14October 2021|||||
||||Roger Thompson|||||||||
|Whitnaeh|||Jan Tyrreg|||||||||
|OTHERS|APPOINTED|||||||||||
|Climate Change|||Mark Boulton|||||||||
|Safeguarding|||Penelope Sharpies||||From 22 June 2022|||||
|Archivist|||Edward Royle||||From 22 June 2022|||||





## 

|Statement of Financial A|ctivities|(SOFA)|for t|he year|en|ded 3|1August 20|22|22||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||He<br>OVee<br>0|n! <br>c|'e<br> e|Tlu0|'o||na 35<br>c e||Tl<br>ne|'ne<br>e<br>C||
|||geZ|eee||8 <br>0|'e<br> e<br> a|Year ended<br>31.8.22|ee<br>n|tU<br>Co|U|nan|Year ended<br>31.8.21|
|Income|||||||||||||
|Charitable<br>activities|||||||||||||
|Assessments<br>from churches||||277,958|||277,958|289,342||||289,342|
|Lettings of manses||||11,409|||11,409||13,800|||13,800|
|Other||||21,738|||21,738||33,766|||33,766|
|Interest receivable||||240||1,614|1,854||59||1,267|1,326|
|Total income||||311,345||1,614|312,959|336,967|||1,267|338,234|
|Expenditure|||||||||||||
|Stipends, salaries,<br>Nl, Pension||||261,419|||261,419|277,723||||277,723|
|District Assessment||||57,420|||57,420||55,716|||55,716|
|Telephone<br>&travel||||12,254|||12,254||8,852|||8,852|
|Insurance,<br>utilities, etc||||20,210|||20,210||20,382|||20,382|
|Maintenance<br>on manses||||8,923|||8,923||17,095|||17,095|
|Office costs||||12,047|||12,047||16,856|||16,856|
|Other Expenditure||||23,834||1,061|24,895||22,251||1,001|23,252|
|Grants and donations||||3,239|||3,239||943|||943|
|Depreciation||||720|||720||288|||288|
|Contributions<br>to District Advance|Fund|||||19,160|19,160|||28,778||28,778|
|Total expenditure||||400,066||20,221|420,287|420,106||29,779||449,885|
|Net (expenditure} / income||||(88,721)|(18,607)||(107,328)|(83,139)||(28,512)||(111,651)|
|Gains and losses on investment|assets||||||||||||
|Loss on reclassification||13|(204,187)||||(204,187)||||||
|Other recognised<br>gains and losses|||||||||||||
|Redundant<br>churches<br>held for sale||||371,910|||371,910||80,600|||80,600|
|Reclassification<br>offunds|||||||||||||
|Transfers between<br>funds|||||||||||||
|Draw down from model trust||||70,000|(70,000)|||100,000||(100,000)|||
|Net movement<br>in funds||||149,002|(88,607)||60,395||97,461|(128,512)||(31,051)|
|Reconciliation<br>offunds:|||||||||||||
|Total funds brought forward|||3,081,096||372,176||3,453,272|2,983,635||500,688||3,484,323|
|Total funds carried forward|||3,230,098||283,569||3,513,667|3,081,096||372,176||3,453,272|





## 

||||||Notes|General Fund|Circuit|Model|31August|31August|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||(Unrestricted)|Trust Fund||2022|2021|
||||||||(Unrestricted)||||
|||||||||6|||
|Tangible Fixed Assets|||||||||||
|Land, buildings<br>&equipment||||||2,540,803|||2,540,&03|2,539,363|
|Investment<br>property|||||12|||||400,000|
|||Totalled||assets||2,540,803|||2,540,803|2,939,363|
|Current Assets|||||||||||
|Current investments|||||13|648,323|||648,323|80,600|
|Debtors and prepayments|||||14|18,287||230|18,517|22,005|
|Trustees for Methodist|Church||Purposes|||||283,339|283,339|372,136|
|Central Finance Board|De osits|||||13,242|||13,242|51,668|
|Cash at bank||||||29,375|||29,375|10,209|
|Total current assets||||||709,227||283,569|992,796|536,618|
|Creditors and Accruals|(due|in|under 1yr)||15|19,932|||19,932|22,709|
|Net current assets||||||689,295||283,569|972,864|513,909|
||||Net|ossets||3,230,098||283,569|3,513,667|3,453,272|
|Funds ofthe Circuit|||||||||||
|General<br>Fund|||||16|3,230,098|||3,230,098|3,081.096|
|Circuit Model Trust Fund|||||16|||283,569|283,569|372,176|
||||Total|Funds||3,230,098||283,569|3,513,667|3,453,272|
||||||||Dated:||28iune 2023||





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|||year|Year|
|---|---|---|---|
|||ended|ended|
|||31.8.22|31.8.21|
||||6|
|Bidford on Avon|||2,937|
|Cubbington||20,428|20,428|
|Dale Street||69,276|69,276|
|Fenny Compton||1,531|6,125|
|Henley<br>in|Arden|6,024|6,024|
|Kenilworth||58,320|58,193|
|Kineton||6,524|6,524|
|Mickleton||7,660|7,660|
|Radford<br>Road||8,412|8,412|
|Stratford|upon Avon|41,136|41,136|
|Tysoe|||3,980|
|Warwick||34,060|34,060|
|Welford on Avon||4,919|4,919|
|Wellesbourne||11,432|11,432|
|Whitnash||8,236|8,236|
|||277,958|289,342|



## 

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## 

|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|8.Interest receivable||||||||Year|Tear|
|||||||Unrestricted|Circuit Model|ended|ended|
||||||||Trust Fund|31.8.22|31.8.21|
|||||||||6|f|
|Central Finance Board||||||240||240|59|
|Trustees for Methodist|||Church|Purposes|||1,614|1,614|1,267|
|Total||||||240|1,614|1,854|1,326|
|9.Stipends, Salaries||and Associated costs||||||Year|ended|
|Staff Costs paid|during||the year|were:||||31.8.22|31.8.21|
||||||Nlinisters|||Total|Total|
||||||(Circuit|Mission|Administ-|||
||||||Trustees)|staff|ration|||
||||||6|6|6|6|f|
|Gross stipends|and salaries||||145,503|32,368|30,305|208,176|221,713|
|Employer's<br>National||Insurance||costs|11,957|2,103|1,293|15,353|15,342|
|Pension costs|||||34,733|1,383|489|36,605|39,291|
|Apprenticeship|Levy||||949|177|159|1,285|1,377|
|Total staff costs|||||193,142|36,031|32,246|261,419|277,723|



|Average number offull time equivalent|number ofstaff employed|during the year were:||
|---|---|---|---|
|Ministers||5.49|5.92|
|Mission staff||1.17|1.50|
|Administration||1.40|1.47|
|||8.06|8.89|





## 

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## 

|disclosed <br>property.|as part|ofstaff costs|above. Manses are provided|by the Cir|cuit and the C|ircuit maintain|s<br>the|
|---|---|---|---|---|---|---|---|
|||||||Year|ended|
|||||||31.8.22|31.8.21|
|Payments|made to trustees who are part ofthe leadership|||team||||
|Travel expenses||||||65,580|E1,534|
|Phone expenses||||||f3,359|E4,545|
|||||||68,939|66,079|
|Payments|made to trustees who are not part ofthe Circuit|||Leadership|Team for|||
|additional|services<br>—preaching||fees and related expenses|||E669|nil|
|Number oftrustees who were|||paid expenses|||8|7|
|10.Fees for audit||ofthe accounts||||Year ended||
|||||||31.8.22|31.8.21|
|Audit fees||||||63,696|E3,474|





## 

|Notes to the Accounts f|or t|he year end|ed 31August|2022|||||
|---|---|---|---|---|---|---|---|---|
|11.Tangible<br>Fixed Assets|||||||||
|||||||Fixtures,|||
||||Menses||Menses|Fittings 8|||
|||||Land|Bugdings|Equipment||Total|
|Cost or valuation||||6|E||6|6|
|Balance at 1September 2021|||300,000||2,239,363||5,147|2,544,510|
|Additions|||||||2,160|2,160|
|Balance at 31August 2022|||300,000||2,239,363||7.307|2,546,670|
|Depreciation|||||||||
|Balance at 1September 2021|||||||5,147|5,147|
|Charge ofyear|||||||720|720|
|Balance at 31August 2022|||||||5,867|5,867|
|Net book value|||||||||
|At 31August 2022|||300,000||2,239,363||2,440|2,54O,803|
|At 31August 2021|||300,000||2,239,363||0|2,539,363|
|Basis ofdepreciation||||||Straig|t ine||
|||||||2/3|years||
|Menses at 31Aiigust 2022|comprise:||||||||
|9 Northvale<br>Close, Kenilworth|||Occupied|by Circuit Mimster|||||
|48 Warwick Place, Leamington||Spa|Occupied|by Circuit Minister|||||
|101West Street, Warwick|||Occupied|by Orcuit Minister|||||
|22 Gardiner<br>Road, Kineton|||Occupied|by Circuit Minister|||||
|61Murcott Road East, Whitnash|||Occupied|by Circuit Minister|||||
|Ia Hillside Road, Stratiord|upon|Avon|Occupied|by Circuit Minister|||||
|The Manse, Chapel Lane, Mickleton|||Included|in current|asset investments||||



|Cost or valuation|||
|---|---|---|
|Balance at 1September|2D21|4D0,000|
|Transferred to current|asset investments|(400,000)|
|8elance at 31August 2022||0|



|Balance at|1September 2021|1September 2021|1September 2021|||80.600|
|---|---|---|---|---|---|---|
|Reduction|to value|ofKnightcote||chapel brought forward|(7,234)||
|Fair value|of Fenny|Compton|chapel||171,104||
|Fair value|ofiysoe|chapel|||208,040||
|||||||371,910|
|Mickleton|manse|-value as|an investment<br>property||400,000||
|||wnte down||to fair value|(204,187)||
|||||||195,813|
|Balance at|31August 2022||||||
|Ihe fair value at 31August 2022||||is made up ofthe following|properties:||
|||||||E|
|Knightcote|chapel|||||73,366|
|Fenny Compton<br>chapel||||||171,104|
|Tysoe chapel||||||208,040|
|Mickleton|manse|||||195,813|
|||||||648,323|





## 

|14.Debtors||||||||31August|31August|
|---|---|---|---|---|---|---|---|---|---|
|||||||||2022|2021|
|||||||||6|6|
|Prepayments|accrued||income|||||18,517|22,005|
|15.Creditors|due|in less than one||||year||6|E|
|Accruals and|deferred||income|||||19,932|22,709|
||||||||Genera<br>I|Circuit||
|16.Reserves|||||||Fund|Model|Tota<br>I|
|||||||||Trust||
|||||||||Fund||
||||||||6|6||
|At 1September 2021|||||||3,081,096|372,176|3,453,272|
|Net (expenditure)/||income for the||||year|(88,721)|(18,607)|(107,328)|
|Loss on reclassification|||of Mickleton|||Manse|(204,187)||(204,187)|
|Recognition|of redundant|||churchs|held for sale||371,910||371,910|
|Transfer between||funds|||||70,000|(70,000)||
|At 31August|2022||||||3,230,098|283,569|3,513,667|





## 

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## 

|||||||||Year ended|31August|Year ended|31August|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||2022||2021||
|Name of|related party||Relationship|Description||of||Income|Paid to or|Income|Paid to or|
|||||transaction||||from|goods|from|goods|
|||||||||related|provided|related|provided to|
|||||||||party|to related|party|related|
||||||||||party||party|
|Methodist|Churches||Churches|Assessments<br>(share||||||||
|within the|South||within the|of Circuit|costs)|||||||
|Warwickshire||Circuit|Circuit|||||277,958||289,342||
|Various churches|||Churches|Grant for youth||and||||||
|within the|Circuit||within the|mission work||||||||
||||Circuit||||||||943|
|Warwick Methodist|||A Circuit|Outreach|project|||||||
|church|||Church|||||||||
||||||||||400|||
|Wellesbourne|||A Circuit|Outreach|project|||||||
|Methodist|Church||Church|||||||||
||||||||||162|||
|Wellesbourne|||A Circuit|Grants for|Audio|||||||
|Methodist|Church||Church|Visual equipment|||||383|||
|Stratford<br>upon||Avon|A Circuit|Grants for|Audio|||||||
|Methodist|Church||Church|Visual equipment|||||2,294|||
|Dale Steet|Methodist||A Circuit|Grant for K4||||||||
|Church|||Church|equipment||||||||
|Birmingham|Methodist||Methodist|Assessment|(share||of|||||
|District|||District<br>in|costs ofDistrict and||||||||
||||which Circuit|Methodist||||||||
||||located|Connexion)|||||57,420||55,716|
|Birmingham|Methodist||Methodist|District Advance||||||||
|District|||District<br>in|Fund contribution||||||||
||||which Circuit|||||||||
||||located||||||19,160||28,778|
|Fenny Compton||and|Churches|Assets transferred|||on|||||
|Tysoe Methodist|||within the|closure||||||||
|Churches|||Circuit|||||421,144||||
|There were|no|amounts|owed to related|parties at the year|||end.|||||





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Audltor'8 r98pon$lbllltla¥ for the •ud•t of thè flMnrlal statem8nis
We have b8en apwinled as auditor under section 144 of the Charitl8s Act 2011 arKI report in accordance ￿th ￿pulatIonS
rnade Ltnder Sd¢liDn 154 01 Ihal Aci.
Our ￿"ecI1¥￿$ are lo obtain roasonable assuigncè about wthelher Ihtr linaneLg1 statements as 8 whole are free Irarn
marerial misstalemeni, whelher due lo fraud or error, anoj 10 issuo an aud+tor's report Ihai includes our opinion.
Reasonable a8$uraftce is a hwJh 18Vg1 ol assuraTrcc, bul is rKJI a ouaranlee Ihal an audit conducioil in accorLlance with
ISAS ILIKI bwll alway8 dclecl a material rntssiaiemènl when il Bxlsis. Mi5s181grn¢nls can arise from fraud Dr error and are
¢onsider&d mAlerial il, iridividually or in the aggreoaiÈ, Ihey could reasonably be expected to influence the economic
0ocisigns ol usols taken on the basis ol these linancial $l&lernents.
Irregularilies. including fraud. ato insidnc8s of non-cornpliance ￿th laws and regulaiian$. We deS￿n pro￿U￿S In line
Wilh aur rosponsibiliil?s, oullined abDv8. to doiecl maigriol rnissiaiern8nts In rgycl ol irtegularil￿s, Incl￿￿1￿9 Yraud. The
exleni to which our proceduros are capablg of detecting iriegularilies. including Iraud i8 derailed b&low'.
We i¢Enllli6d aroas tsf laws and rogulalions thai could reason8aly be expected lo have a rnatvrial elfeci on Ihe financial
laiemenis discussed the pollcies and pro￿￿￿￿e$ reoardlno cornt4iancg.
specif￿ areas ¢on$klered were a8 follows..
ErN4uSring with ma17qoemont &nd Others ￿ galn an underst8nding ol the organisaiion Ilsell Including
operations, lina￿la1 r&portlng and known IraJd or error.
Evaluating and undersiandlng the internal control system.
Performing anal￿Pea1 procecjures as oxpeclad or unexpected varl8nce$ in account balances or claB80s of tran..
Tesiing documentation supportino ac¢oLJni b81ancs$ or classes ol tranBaciion8.
Because ol Ihe Inhorènl Iirnltaiion8 ol an auoil. Iher8 Is a rSgk that wo w511 not dei¢ci All irrooularitJ'e8. Inctudknw Ihose
leadiny lo a maiedal missikiemonl in the Ilnancial siaiemgnls or non-cornpliance rogul81ion. Yhi8 risk Incitagos the
moro thai compliance wlth a law or reoulaiion Is remov9d from the ovents and Ir8nsaeiions relleciod In the lin&ncial
statem8n181 <iS wje will bo less Ilkoly 10 b8come gware ol Instances ol n¢n-cornpliance. Tho ri8k 18 also gr8alor rtgardlno
Irreguladi￿S occurrlng duo 10 fraud falher Ihgn error, 88 Iraud involves inientlonal conreallnoni, Iofoery, collusion.
omission or mlsronr8seni?r lion.
A lurfher descripiion ol our r¥sptrnsk)Ilili98 lor the audll ol the linanc￿l Slolèments is located ¢n thè Flnanciul Aowrtlng
C¢uncil's website ai. hllps.'IlwMY.1r¢.org.ukJ()Jr-WorklAudiilAuLI￿t.8n￿-as8uranGeISlandard5-and-guK18nCelSIandordS-and.
guidan¢c-lor-aUdiloiwAudliors-rggponsibilii￿8-lQr-au￿1I￿oe5CrlptIQft-of.4udl10[S.r0S[wJn5ibilItros-10r-audIt.aSpx. Thts
r19s￿IptiOn lorms pari DI Dur audlior's rgport.
W8 comrnunicaio thlh Ihos¢i chÈrg8d wlih governancv regarding. arnong oltter mallers, the plannad scow and tirning of
the audll and slgnilicqni audli lindlngs. including any Signif￿￿nI dellcioncles In Internal cor71rol that we idenlily durlng Dur
audit.
U40 ol our rèport
Thls report is madg $vlely to tho charityg tW$lpe8. as a Wy, in accordanco wilh Part 4 of the Charili$s IA¢counts and
Reports) R¢gulat￿nS 2CX)8. Our audit work has b8en und¢rlak8n so Ihal we mKJhi Slate to the charity'8 Iru¥tees Ihosg
maii8rs wo are r8qulr¢d ID slaic lo Ihom in an 8u4Slor's r8POrt and lor no Olh&r purpos¢. To the lull881 èxleni permilted by
18w, w¢ do nol accgpl or as$umo rosponsibllily lo anyono oihgr than Iho eharlly and thg chwily's Irusiees a8 a bjdy, lor
our audll worh. lur thiB repori. or lor ihe opinion8 we have lorffl$d.
LLP
JW Hinks LLP
CharIt￿d Aceountants and Statutory Atsdllors
19 Hlghliekl Road
Edgbaston
8irmingharn
Wesl Midlands
B1538H
28 June 2023