## **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¢h*s
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
EXpendi￿re
9 Gr8nls and donations
10 Salaries 8Trd as8rtiated eo$ts
11 Property maintenan
12 cOnr￿XWj￿al asse55ment & model tru$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 bet*￿en 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$t
Fund8
ceounts IUnrestrl¢ted) Iunrestrlctedl (unrestrict￿)
R•stsiet•d
Funds
End+)wment
Funds
Total
2022-23
Incomo
1 Donabons and legacN?5
2 Income from monetary inveslrnents
3 Income from inveslm8nt propBrties
4 A8¥¢ssmeTr¢s on ch￿￿h8$
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
537*03
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{ex￿ndl1ur*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 F￿d
Clrcultfdod
Trn*
IUnrYsthcl2dJ
Deslunatso
FundB
IUnre*rtted)
Enthjvment
Funds
Total$
2023124
Totals 2D27123
Punds
NDtutoihr
Fixtd A88•t*
Cl￿￿11 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 ci￿L￿t
hvestsDprrtSV47thTKfP
Central Fywco Board Depogi15
Ca5hai hEnd
5.875
424.118
.7S1
5,919
9.978
37.209
$3￿79
53,552
31￿721
429P9a
8,761
919
Cumn1￿1bl1mles
Idth31n u￿Or 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
l￿n8(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
tb8ign￿ed F￿d$ 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 .&.f￿srj.(*....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 ne￿SSary 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
Con￿rning 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¢h*s
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
EXpendi￿re
9 Gr8nls and donations
10 Salaries 8Trd as8rtiated eo$ts
11 Property maintenan
12 cOnr￿XWj￿al asse55ment & model tru$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 bet*￿en 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$t
Fund8
ceounts IUnrestrl¢ted) Iunrestrlctedl (unrestrict￿)
R•stsiet•d
Funds
End+)wment
Funds
Total
2022-23
Incomo
1 Donabons and legacN?5
2 Income from monetary inveslrnents
3 Income from inveslm8nt propBrties
4 A8¥¢ssmeTr¢s on ch￿￿h8$
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
537*03
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{ex￿ndl1ur*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 F￿d
Clrcultfdod
Trn*
IUnrYsthcl2dJ
Deslunatso
FundB
IUnre*rtted)
Enthjvment
Funds
Total$
2023124
Totals 2D27123
Punds
NDtutoihr
Fixtd A88•t*
Cl￿￿11 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 ci￿L￿t
hvestsDprrtSV47thTKfP
Central Fywco Board Depogi15
Ca5hai hEnd
5.875
424.118
.7S1
5,919
9.978
37.209
$3￿79
53,552
31￿721
429P9a
8,761
919
Cumn1￿1bl1mles
Idth31n u￿Or 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
l￿n8(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
tb8ign￿ed F￿d$ 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 .&.f￿srj.(*....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 ne￿SSary 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
Con￿rning 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