North Lancashire Methodist Circuit: September 2023-August 2024 Annual Report for the Charity Commission
Circuit Description
The North Lancashire Methodist Circuit encompasses beautiful countryside, coast and city; it is about 30 miles long and 12 miles wide - from the north of Preston to the Cumbria border and from the Morecambe coast to the North Yorkshire border. We are a circuit of approx. 500 members spread across 15 churches with a diversity of theology, worship styles, church buildings and congregation size; located in farming communities and commuter villages, in towns and the city of Lancaster.
The Circuit Meeting is the Trustee body and we meet three times a year, in Hybrid form, in order to include as many Trustees as possible. We value being an inclusive Methodist Circuit.
The Circuit Leadership Team
The Circuit Meeting appoint a Circuit Leadership Team (CLT) to oversee the running of the Circuit. The CLT is made up of Circuit Stewards, the Treasurer, Ministerial Staff and a newly appointed Operations Manager. We have a Ministerial Staff team of three full time Ministers (two Presbyters and a Deacon) plus one part time Supernumerary Minister
This Year
In May 2024, we appointed the Circuit Operations Manager, Susan Gorst, who provides management in the areas of operations and compliance, property and administration. This helps to reduce the management and administrative burden on our Ministers and volunteers, therefore releasing time and energy for mission and ministry.
Deacon Pru has been busy developing the mission and ministry at the Garstang Methodist Hub. A Management Group was formed in 2023 and our Operations Manager has now joined the team.
Significant steps of outreach have been made through weekly Thursday coffee mornings and a midweek Tuesday Service. Also a monthly Sunday Cluster Service takes place there, when Scorton and Calder Vale Methodist Churches unite to worship. Deacon Pru has built up some good relationships with the other local churches in Garstang and partnerships with some community groups who are hiring the building. Our main source of income for the Hub is the lease to the preschool Nursery.
The Lune Valley Methodist Hub Management Group have been busy preparing the property in readiness for Caton Methodist Church to move into the building. Also, in preparing it so as to become a good space for community groups to hire. We now have some regular hirers who appreciate the space. Also Caton Methodist Church use the space for their monthly community Book and Jigsaw Exchange, monthly Soup Lunch and weekly Bible fellowship. Caton Methodist Church are planning on moving into the building at the beginning of 2025. An Agreement document is being drawn together between the Circuit and Caton Methodist. Once a month we have a Cluster Service at the LVM Hub and various Circuit meetings take place there. We have a vision for both our Circuit Hubs to become vibrant spiritual and social hubs for the local community and Circuit.
Over the years a number of churches have closed and we have needed to organise the sale of these properties. This year we have been preparing to sell Emmets and Arkholme Methodist Churches. Arkholme Methodist fellowship still meet for worship together on a Sunday morning in one of the church rooms and are preparing to relocate once the building is sold. Some of the members of closed churches have found new spiritual homes either in another Methodist Church or different denomination. Our thoughts and prayers are with them all.
This year we have been considering how we can sustain ministry and mission across our 15 churches.
We have decided to carry out a Circuit Review which involves inviting all the churches to Review where they are and what their focuses are over the coming years. We will share the results of this in next years report. This Review will help us to see where we need to use the monies from sale of properties to help resource our ministry and mission across the Circuit.
We continue as a people of faith, knowing that God is with us and we are part of something much bigger. We will keep on worshipping, praying and carrying out God’s mission across the North Lancashire Methodist Circuit.
North Lancashire Melhodisl Circuit Circuit ND 21116 Statement of Financial Activities (SOFA) for the year ended 31 August 2024 ote6 to Cirtuit Mtsdol D¢8ignat•d General Fund Trust Funds •¢¢ounts IUnre$trlciedl Iunrestrlctsdl Iunrestrictedl R•$tri¢tsd Fund5 Endowmenl Fynd8 Total 2023-24 Income l Donats"ons and legacie5 2 Incorne from monetary inv8strnents 3 Incorne from investrn9nt propertie5 4 Asse58ments on Chur¢hs S Captal Receipts 8 Grants r¢¢¢ived 7 Other charitaÈ4e Income 8 Total incom• 1.187 1,483 40,500 229,578 458 45D 619 289 18.270 20.492 40.600 229.576 103,225 4,830 306 401,171 1D3.225 4.B30 277.861 121,494 908 EXpendire 9 Gr8nls and donations 10 Salaries 8Trd as8rtiated eo$ts 11 Property maintenan 12 cOnrXWjal asse55ment & model tru$t10Vy 13 DistiiGt Assessmertt & Levy 14 Depreciath)n 15 011 expenses 16 Olher outgoings 17 Totsl charit8ble exppndlture 18 GainsJlk)5SB51 an rnonetary investments 19 Gain{k>S&sI an investment propertie$ 20 NBt inGom•l{gxpgnditur•l 21 Transfers beten lunds 22 Olher gainslllo88881 23 Not movoment In funds 24 Total funds brought forward 25 Total lunds carried lor4r4rd 11,1)l)o 183,348 110,936 458 11h68 183,348 110.936 3.665 68.994 3.618 24 16 68,994 2,000 4.151 384542 4,151 380.428 3.616 16 22.985 140,863 128,500 22,985 39,614 102.667 426 892 231.067 1,990,380 1,759.313 269.363 160,630 429,993 426 8.325 8,751 39,614 2.164.361 2.203.975 5,026 5.919
North Lanca5hire Methodist Circuit Circuit No 21116 Statement of Flnanclal Activities (SOFA) for the year ended 31 August 2023 Ntsts¥ to ¢lr¢ult Model D•8lgnated Gèneral Fund Tru$t Fund8 ceounts IUnrestrl¢ted) Iunrestrlctedl (unrestrict) R•stsiet•d Funds End+)wment Funds Total 2022-23 Incomo 1 Donabons and legacN?5 2 Income from monetary inveslrnents 3 Income from inveslm8nt propBrties 4 A8¥¢ssmeTr¢s on chh8$ 5 Capital Re¢eipts 8 Grants received 7 Other charitable income 8 Total in¢om• 5.733 1,886 482$9 231,790 3,329 2,868 4.886 15S 13,948 4,968 46259 231,790 234.992 240 5,408 53703 260 234.992 240 5.406 291.114 241,189 280 0,040 Expendlturo g Grants and donations 10 Salaries and a$$o¢iatsd costs 11 Property maintenance 12 Connexional assessment & model tN$t levy 13 District Assessment & Levy 14 Depreciation 15 Ofhca expenses 18 Other outooing$ 17 Total ¢harfjtsble xpendlture 18 Gainslllo$88$) on mgn8tAry invesknent$ 19 Gainsllloss8s1 on investment pmpertie5 20 N•t in¢omel{exndl1ur*I 21 Transfers be£en funds 22 Other gain$lllos$e$l 23 Net movement In funds 24 Total fund5 brou8ht forward 25 Totslfunds ¢a¢ried forward 12.DOO 197.283 241.483 12,000 197.283 241A63 2,523 67,220 2,486 23 14 57.220 2.038 18.380 526.363 16,380 S28W7 23 14 236.249 207.500 238,703 207.5C4] 237 6,026 8,717 27,749 2,016,129 1,990.380 31,203 129.427 160,630 237 8,088 8.325 6026 8,717 2,155,644 2,184,361 S,026
North Lan¢ashire Methodist Circuit Circuit No 21116 Balance Sheet as at 31 August 2024 Genernl Fd Clrcultfdod Trn IUnrYsthcl2dJ Deslunatso FundB IUnrertted) Enthjvment Funds Total$ 2023124 Totals 2D27123 Punds NDtutoihr Fixtd A88•t* Cl11 Manse5 & Equyw hveslfflentwopertie5 hve5trn¥nts 1,727.216 1.727,216 1.907,216 1.727.Z16 1.727.2t6 1,807.216 11.193 25.OOD 11,193 3D,875 18.787 9.978 $7,21VJ 52B.042 9,127 25,37S 16I6r Losns bythe ciLt hvestsDprrtSV47thTKfP Central Fywco Board Depogi15 Ca5hai hEnd 5.875 424.118 .7S1 5,919 9.978 37.209 $379 53,552 31721 429P9a 8,761 919 Cumn11bl1mles Idth31n uOr 1 year) &onlE payableYMh¥i L02W4 51.263 51,283 51576 S1.28J )2097 61.213 478.7$9 54571 217.145 429.993 0,751 4919 1,759,313 429,9 8,751 1203,975 Lon8 tevm Ilabilit$ {dut aftermoreihan o#e Grants pa atl£r. 2.4 ln8(0 •r 1.769.313 425,993 8.751 5.919 2303,9TS 2,164.361 Fundsofthe Clrcult Gen Fund IUnre5trthdl JiIIAodelT<uSt Fund Iunrbstriciedl tb8igned Fd$ Iunrestrfdgdl TolalUnrestsktedFundJ 17b9,373 1.759.313 429.993 1,990.380 16D,630 429,993 1189.)06 8,751 5,919 2,203,975 1161.01 &326 5.026 2,164,381 Re[ted Ftsnds 8,761 Endtn¥mènt Funds 6,919 3,919 Total Funds 1,769,313 429,993 B.751
North Lancashire Methodist Circuit Circuit No 21116 Notes to the Accounts 1 Basis of accounting The financial statements have been prepared under the Charities Act 2011 in accordance with the 2014 version of Accounting and Reporting by Charilies: Statement of Recommended Practice (SORP} applicable to charities preparing their accounts in accordance with FRS102 - the Charities SORP (FRS102) and taking note of the Update Bulletin 1 issued in 2016. 2 Funds The funds held constitute.. General Funds held for any purpose of the Circuit which are Unreslricted. The Circuit Model Trust Fund has wide purposes defined in Stsnding Orders and is categorised as unreslricted. Restricted funds which are held for a narrower purpose . There are Endowment funds. Detsils of each material fund are disclosed in the final note to these accounts. 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 thal investments are shown at their market value at the end of the year, on the accruals basis to show a true and fair view of the Circuit's financial position and activities. Incoming Resources Income is included in the Statement of Financial Activities (SOFA) when the Circuit becomes entitled lo the resources, and the trustees a reasonably certain they will receive the resources,. and the monetary value can be measured with sufficient reliability- Resources Expended This is recognised when a liability is incurred, or a con5tru¢tive obligation arises, that results in the payment being unavoidable. Liabilities are re¢ognised as soon as an ouffiow of economic benefit is considered more likely than not under the legal or constructive obligation committing the Circuit to pay oul 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. VAT Since the Circuit is not VAT registered, all input VAT is Charged wilh the expenses to which it refers. Tangible fixed assets for use by the Circuit Tangible fixed assets are capitalised if they ¢an be used for more than one year, and cost at leasl £500. The freehold propety is shown in the accounts at 2015 deemed values. No depreciation is provided on the building because the trustees consider the current residual fair value of the manse buildings (on the assumption thal it had reached the end of its useful economic lrfe by the year-end) to be not less than its current value. Any depreciation would not be material. The property has been reviewed for impaimient. Investment Properties Investrnent properties - no property is currenlly deemed to not be held for the long temi purposes of the charity- Investments Investments are valued in the balance sheet at market value at the year end. Inveslment income is included in the accounts when r6¢eivable and any gains or losses on revaluation at the year end are shown in the SOFA. Debtors and Prepayments Debtors include rental income and prepayments are September stipends paid in August. Creditors Creditors include both sundry expenses and specifically the 1st quarter assessment received in August.
North Lancashire Methodist Circuit Circuit No 21116 4 Payment to Trustees There were no payments made to trustees for additional seNices provided to the Circuit by agreement with the Circuit Meeting, this excludes stipends. Trustee expenses 2023124 2022123 Number of Trustees Total amount £0 £0 Expense payments primarily relate to reimbursement for travel and computing costs 5 Fees for examination or audit of the accounts 2023124 2022123 Independent examiner's or auditors, fees for reporting on the accounts Other fees (eg.. advice, accountancy services) paid to the independent examiner or auditor 1,218 1,170 NIL NIL 6 Paid employees Staff Costs paid during the year were: Gross wages, salaries and benefits in kind Employer's National Insurance costs Pension costs Total staff costs 2023124 2022123 106,019 121716 10,028 24,396 140,443 10.956 29.541 162 213 Average number of full-tlme equivalent employees in the year were: 7 Capital Commitments and Contingent Liabilities At the 31st August 2024 there are no capital commitments. No Contingent liabilities were identified at 31st August 2024. 8 For information only Money received and passed on to External Or anisations 2023124 2022123 Balance brought fonvard from last year 30 30 OfferingslGifts - received ft)r External Organisations 1,563 3,228 OfferingslGifts - passed to External Organisations 1,563 3,228 Balance carried forward 30 30
North Lancashire Methodist Circuit Circuit No 21116 9 Tangible Fixed Assets Cost or valuation Fixtures, fittings and equipment Payments on account and assets under construction Other buildings Land Manses Total Balance brou ht forward 1,512216 395,000 1,907216 Additions Revaluations Dis sals -180,000 -180,000 Transfers ' Balance carried forward 1,332,216 395,000 1727,216 Accumulated depreciation Balance brou ht forward Depreciation charge for ear Revaluations Dis sals Transfers. Balance carried fotward Net book value Brou ht forward 1,512,216 395 000 1907,216 Carried ft)rward 1,332.216 395,000 1,727.216 10 Investment assets The circuit has no Investment properties The circuit has no common investment fund holdings 11 Loans The Circuit currently has no loans
North Lancashire Methodist Circuit Circuit No 21116 12 Analysis of restricted and designated funds 2023124 Restricted Fund Name Opening Balance Incoming Resources Resources Expended Transfers Closing Balance Purpose of the fund Rev T C Brown Bequest 8,325 449 23 8,751 Local mission work in Morecambe & He sham Circuit Donations for external or anisations Restricted Giving 458 458 Totals 8,325 907 481 8,751
North Lancashire Methodist Circuit Circuit No 21116 Declarations and Scrutiny I confirm that these accruals-based accounts for the year to 31 August 2024 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 . i..... Name and address of treasurer .&.fsrj.(*....Co.O.Rtt Date. IZG ZS Post CodeLA&) 1 (3¢.. Presentation to the Circuit Meeting I confirm that the annual report and accounts for the year ended 31 August 2024 were, or will be,. presented to the Circuit Meeting at its meeting on Signature of the Chair of the meeting Name of the Chair of the meeting L I r4>.A J: C64YLo.KC Independent Examiner's Report to the Trustees of the Circuit, named above The Circuit's trustees are responsible for ensuring that the annual report and accounts for the year to 31 August 2024 present a true and fair view of the Circuit's income and expenditure for the year and of its assets and liabilities at the balan sheet date. The trustees consider that an audit is not neSSary for this year under section 144 of the Charities Act 2011 and that an independent examination is needed. It is my responsibility to.. examine the accounts under section 145 of the Charities Act 2011 follow the procedures laid down in the general directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011 state whether particular matters have come to my attention. delete or circle as appropriate
North Lancashire Methodist Circuit Circuit No 21116 Basis of Independent Examiner's Report My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts with those records. It also includes consideration of any unusual items, in nature or scale, or disclosures in the accounts, seeking explanations from the trustees Conrning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, no opinion is given as to whether the accounts present a true and fair view. My report is limited to those matters set out in the statement below. Independent Examiner's Ststement In connection with my examination, no matter has come to my attention (other than as disclosed below.) (1) which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 130 of the Charities Act 2011 to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act 2011 have not been met, or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. (3) I havelhave 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..................T. ofy..... . . . . Name of independent examiner Relevant professional qualification of independent examiner FCCI Name of firm (where appropriate) TO , Ci DALTe•rJ , Address Post Code . delete or circle as appropriate
North Lancashire Melhodisl Circuit Circuit ND 21116 Statement of Financial Activities (SOFA) for the year ended 31 August 2024 ote6 to Cirtuit Mtsdol D¢8ignat•d General Fund Trust Funds •¢¢ounts IUnre$trlciedl Iunrestrlctsdl Iunrestrictedl R•$tri¢tsd Fund5 Endowmenl Fynd8 Total 2023-24 Income l Donats"ons and legacie5 2 Incorne from monetary inv8strnents 3 Incorne from investrn9nt propertie5 4 Asse58ments on Chur¢hs S Captal Receipts 8 Grants r¢¢¢ived 7 Other charitaÈ4e Income 8 Total incom• 1.187 1,483 40,500 229,578 458 45D 619 289 18.270 20.492 40.600 229.576 103,225 4,830 306 401,171 1D3.225 4.B30 277.861 121,494 908 EXpendire 9 Gr8nls and donations 10 Salaries 8Trd as8rtiated eo$ts 11 Property maintenan 12 cOnrXWjal asse55ment & model tru$t10Vy 13 DistiiGt Assessmertt & Levy 14 Depreciath)n 15 011 expenses 16 Olher outgoings 17 Totsl charit8ble exppndlture 18 GainsJlk)5SB51 an rnonetary investments 19 Gain{k>S&sI an investment propertie$ 20 NBt inGom•l{gxpgnditur•l 21 Transfers beten lunds 22 Olher gainslllo88881 23 Not movoment In funds 24 Total funds brought forward 25 Total lunds carried lor4r4rd 11,1)l)o 183,348 110,936 458 11h68 183,348 110.936 3.665 68.994 3.618 24 16 68,994 2,000 4.151 384542 4,151 380.428 3.616 16 22.985 140,863 128,500 22,985 39,614 102.667 426 892 231.067 1,990,380 1,759.313 269.363 160,630 429,993 426 8.325 8,751 39,614 2.164.361 2.203.975 5,026 5.919
North Lanca5hire Methodist Circuit Circuit No 21116 Statement of Flnanclal Activities (SOFA) for the year ended 31 August 2023 Ntsts¥ to ¢lr¢ult Model D•8lgnated Gèneral Fund Tru$t Fund8 ceounts IUnrestrl¢ted) Iunrestrlctedl (unrestrict) R•stsiet•d Funds End+)wment Funds Total 2022-23 Incomo 1 Donabons and legacN?5 2 Income from monetary inveslrnents 3 Income from inveslm8nt propBrties 4 A8¥¢ssmeTr¢s on chh8$ 5 Capital Re¢eipts 8 Grants received 7 Other charitable income 8 Total in¢om• 5.733 1,886 482$9 231,790 3,329 2,868 4.886 15S 13,948 4,968 46259 231,790 234.992 240 5,408 53703 260 234.992 240 5.406 291.114 241,189 280 0,040 Expendlturo g Grants and donations 10 Salaries and a$$o¢iatsd costs 11 Property maintenance 12 Connexional assessment & model tN$t levy 13 District Assessment & Levy 14 Depreciation 15 Ofhca expenses 18 Other outooing$ 17 Total ¢harfjtsble xpendlture 18 Gainslllo$88$) on mgn8tAry invesknent$ 19 Gainsllloss8s1 on investment pmpertie5 20 N•t in¢omel{exndl1ur*I 21 Transfers be£en funds 22 Other gain$lllos$e$l 23 Net movement In funds 24 Total fund5 brou8ht forward 25 Totslfunds ¢a¢ried forward 12.DOO 197.283 241.483 12,000 197.283 241A63 2,523 67,220 2,486 23 14 57.220 2.038 18.380 526.363 16,380 S28W7 23 14 236.249 207.500 238,703 207.5C4] 237 6,026 8,717 27,749 2,016,129 1,990.380 31,203 129.427 160,630 237 8,088 8.325 6026 8,717 2,155,644 2,184,361 S,026
North Lan¢ashire Methodist Circuit Circuit No 21116 Balance Sheet as at 31 August 2024 Genernl Fd Clrcultfdod Trn IUnrYsthcl2dJ Deslunatso FundB IUnrertted) Enthjvment Funds Total$ 2023124 Totals 2D27123 Punds NDtutoihr Fixtd A88•t* Cl11 Manse5 & Equyw hveslfflentwopertie5 hve5trn¥nts 1,727.216 1.727,216 1.907,216 1.727.Z16 1.727.2t6 1,807.216 11.193 25.OOD 11,193 3D,875 18.787 9.978 $7,21VJ 52B.042 9,127 25,37S 16I6r Losns bythe ciLt hvestsDprrtSV47thTKfP Central Fywco Board Depogi15 Ca5hai hEnd 5.875 424.118 .7S1 5,919 9.978 37.209 $379 53,552 31721 429P9a 8,761 919 Cumn11bl1mles Idth31n uOr 1 year) &onlE payableYMh¥i L02W4 51.263 51,283 51576 S1.28J )2097 61.213 478.7$9 54571 217.145 429.993 0,751 4919 1,759,313 429,9 8,751 1203,975 Lon8 tevm Ilabilit$ {dut aftermoreihan o#e Grants pa atl£r. 2.4 ln8(0 •r 1.769.313 425,993 8.751 5.919 2303,9TS 2,164.361 Fundsofthe Clrcult Gen Fund IUnre5trthdl JiIIAodelT<uSt Fund Iunrbstriciedl tb8igned Fd$ Iunrestrfdgdl TolalUnrestsktedFundJ 17b9,373 1.759.313 429.993 1,990.380 16D,630 429,993 1189.)06 8,751 5,919 2,203,975 1161.01 &326 5.026 2,164,381 Re[ted Ftsnds 8,761 Endtn¥mènt Funds 6,919 3,919 Total Funds 1,769,313 429,993 B.751
North Lancashire Methodist Circuit Circuit No 21116 Notes to the Accounts 1 Basis of accounting The financial statements have been prepared under the Charities Act 2011 in accordance with the 2014 version of Accounting and Reporting by Charilies: Statement of Recommended Practice (SORP} applicable to charities preparing their accounts in accordance with FRS102 - the Charities SORP (FRS102) and taking note of the Update Bulletin 1 issued in 2016. 2 Funds The funds held constitute.. General Funds held for any purpose of the Circuit which are Unreslricted. The Circuit Model Trust Fund has wide purposes defined in Stsnding Orders and is categorised as unreslricted. Restricted funds which are held for a narrower purpose . There are Endowment funds. Detsils of each material fund are disclosed in the final note to these accounts. 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 thal investments are shown at their market value at the end of the year, on the accruals basis to show a true and fair view of the Circuit's financial position and activities. Incoming Resources Income is included in the Statement of Financial Activities (SOFA) when the Circuit becomes entitled lo the resources, and the trustees a reasonably certain they will receive the resources,. and the monetary value can be measured with sufficient reliability- Resources Expended This is recognised when a liability is incurred, or a con5tru¢tive obligation arises, that results in the payment being unavoidable. Liabilities are re¢ognised as soon as an ouffiow of economic benefit is considered more likely than not under the legal or constructive obligation committing the Circuit to pay oul 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. VAT Since the Circuit is not VAT registered, all input VAT is Charged wilh the expenses to which it refers. Tangible fixed assets for use by the Circuit Tangible fixed assets are capitalised if they ¢an be used for more than one year, and cost at leasl £500. The freehold propety is shown in the accounts at 2015 deemed values. No depreciation is provided on the building because the trustees consider the current residual fair value of the manse buildings (on the assumption thal it had reached the end of its useful economic lrfe by the year-end) to be not less than its current value. Any depreciation would not be material. The property has been reviewed for impaimient. Investment Properties Investrnent properties - no property is currenlly deemed to not be held for the long temi purposes of the charity- Investments Investments are valued in the balance sheet at market value at the year end. Inveslment income is included in the accounts when r6¢eivable and any gains or losses on revaluation at the year end are shown in the SOFA. Debtors and Prepayments Debtors include rental income and prepayments are September stipends paid in August. Creditors Creditors include both sundry expenses and specifically the 1st quarter assessment received in August.
North Lancashire Methodist Circuit Circuit No 21116 4 Payment to Trustees There were no payments made to trustees for additional seNices provided to the Circuit by agreement with the Circuit Meeting, this excludes stipends. Trustee expenses 2023124 2022123 Number of Trustees Total amount £0 £0 Expense payments primarily relate to reimbursement for travel and computing costs 5 Fees for examination or audit of the accounts 2023124 2022123 Independent examiner's or auditors, fees for reporting on the accounts Other fees (eg.. advice, accountancy services) paid to the independent examiner or auditor 1,218 1,170 NIL NIL 6 Paid employees Staff Costs paid during the year were: Gross wages, salaries and benefits in kind Employer's National Insurance costs Pension costs Total staff costs 2023124 2022123 106,019 121716 10,028 24,396 140,443 10.956 29.541 162 213 Average number of full-tlme equivalent employees in the year were: 7 Capital Commitments and Contingent Liabilities At the 31st August 2024 there are no capital commitments. No Contingent liabilities were identified at 31st August 2024. 8 For information only Money received and passed on to External Or anisations 2023124 2022123 Balance brought fonvard from last year 30 30 OfferingslGifts - received ft)r External Organisations 1,563 3,228 OfferingslGifts - passed to External Organisations 1,563 3,228 Balance carried forward 30 30
North Lancashire Methodist Circuit Circuit No 21116 9 Tangible Fixed Assets Cost or valuation Fixtures, fittings and equipment Payments on account and assets under construction Other buildings Land Manses Total Balance brou ht forward 1,512216 395,000 1,907216 Additions Revaluations Dis sals -180,000 -180,000 Transfers ' Balance carried forward 1,332,216 395,000 1727,216 Accumulated depreciation Balance brou ht forward Depreciation charge for ear Revaluations Dis sals Transfers. Balance carried fotward Net book value Brou ht forward 1,512,216 395 000 1907,216 Carried ft)rward 1,332.216 395,000 1,727.216 10 Investment assets The circuit has no Investment properties The circuit has no common investment fund holdings 11 Loans The Circuit currently has no loans
North Lancashire Methodist Circuit Circuit No 21116 12 Analysis of restricted and designated funds 2023124 Restricted Fund Name Opening Balance Incoming Resources Resources Expended Transfers Closing Balance Purpose of the fund Rev T C Brown Bequest 8,325 449 23 8,751 Local mission work in Morecambe & He sham Circuit Donations for external or anisations Restricted Giving 458 458 Totals 8,325 907 481 8,751
North Lancashire Methodist Circuit Circuit No 21116 Declarations and Scrutiny I confirm that these accruals-based accounts for the year to 31 August 2024 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 . i..... Name and address of treasurer .&.fsrj.(*....Co.O.Rtt Date. IZG ZS Post CodeLA&) 1 (3¢.. Presentation to the Circuit Meeting I confirm that the annual report and accounts for the year ended 31 August 2024 were, or will be,. presented to the Circuit Meeting at its meeting on Signature of the Chair of the meeting Name of the Chair of the meeting L I r4>.A J: C64YLo.KC Independent Examiner's Report to the Trustees of the Circuit, named above The Circuit's trustees are responsible for ensuring that the annual report and accounts for the year to 31 August 2024 present a true and fair view of the Circuit's income and expenditure for the year and of its assets and liabilities at the balan sheet date. The trustees consider that an audit is not neSSary for this year under section 144 of the Charities Act 2011 and that an independent examination is needed. It is my responsibility to.. examine the accounts under section 145 of the Charities Act 2011 follow the procedures laid down in the general directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011 state whether particular matters have come to my attention. delete or circle as appropriate
North Lancashire Methodist Circuit Circuit No 21116 Basis of Independent Examiner's Report My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts with those records. It also includes consideration of any unusual items, in nature or scale, or disclosures in the accounts, seeking explanations from the trustees Conrning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, no opinion is given as to whether the accounts present a true and fair view. My report is limited to those matters set out in the statement below. Independent Examiner's Ststement In connection with my examination, no matter has come to my attention (other than as disclosed below.) (1) which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 130 of the Charities Act 2011 to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act 2011 have not been met, or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. (3) I havelhave 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..................T. ofy..... . . . . Name of independent examiner Relevant professional qualification of independent examiner FCCI Name of firm (where appropriate) TO , Ci DALTe•rJ , Address Post Code . delete or circle as appropriate