2024-08-31-accounts

Bradford South Methodist Church Annual Report 2023-2024

Structure

The Bradford South Circuit consists of 7 active churches.

6 of these meet regularly for worship in their own buildings.

Aldersgate - Cleckheaton Rd, Low Moor

Clayton - Clayton Lane, Clayton Ebenezer - Rooley Lane, Bierley Horton Bank - 891 Great Horton Road, Horton Bank Top

Wibsey - School Lane, Wibsey

Wyke - Laverack Field, Wyke

St Arnold’s meets across a number venues in Bradford City Centre including The Peacock Bar and Boar & Fable on North Parade, and Lefteris Cafe on Tyrell Street.

The Circuit is staffed by 3 full time Presbyters and a half time Deacon

Rev Graeme Dutton - Superintendent Rev Albert Gayle Rev Andrew Stead Deacon Joy Sykes

These Ministers are supported in their work by a Circuit Leadership Team.

Managing trustee decisions are made by members of the Circuit Meeting, who are elected as reps to that meeting from each local church.

The Circuit curtently has two church properties on the market for sale.

Cornerstone - Great Horton Road Southfield Lane - Little Horton Lane

A former caretakers cottage - Chapel Lane, Clayton Heights, is rented out.

Aims And Objectives

The Bradford South Circuit seeks to provide opportunities for Methodist worship and discipleship across the areas of South Bradford.

Objectives and Activities

The Bradford South Circuit seeks to provide opportunities for Methodist worship and discipleship across the areas of South Bradford.

When planning our activities, the Circuit has considered the Charity Commission’s guidance on public benefit, and in particular the specific guidance on charities for the advancement of religion. Our services and worship put faith into practice through prayer and scripture, music and sacrament. We try to enable ordinary people to live out their faith as part of our parish family, through:

• Worship and prayer: learning about the Gospel, and developing their knowledge and trust in

• Jesus;

• Provision of pastoral care for people living in our city; and

• Mission and outreach work.

Achievements and Performance

The Circuit is keen to offer a range of services, not only on Sundays, but also during the week, that our community will find both beneficial and spiritually fulfilling. For example, Friday morning services of Holy Communion provide a traditional form of service, Pray First, at a local cafe, on Wednesday morning shares in the Northumbria Community Liturgy for morning prayer, we hold monthly Beer and Hymn services at The Peacock bar, a Sup and Sing event in the public bar of a member’s club and a number of reflective evening Circuit services alongside regular more traditional worship services each Sunday morning in all our church buildings.

Parade services are also held at a number of our churches where uniform organisations and their families are invited to take part in worship. There are a number of Scouts, Guides, Cubs, Beavers, Rainbows and Squirrels groups who use our church buildings as a base for their activities.

Each year, on every night during Holy Week we hold services across different church venues where we encourage those leading to be as experimental with liturgy, music and form as they wish.

A number of our churches host, well attended, ‘Warm Spaces’. These spaces provide heated venues that serve hot drinks and food. Those who attend these spaces, both as church members and from the wider public, greatly value what they offer.

The ministers of the Circuit ensure that pastoral services such as weddings, baptisms and funerals are available for all members of the community.

Ministers and volunteers also support the work of local schools with regular leading of collective worship and participation in other school and community church services such as pupil leaving ceremonies, Christmas events and Rememberance services.

Involment in these types of services is not just limited to schools work. Ministers and volunteers are regularly involved in worship and events amongst our various local communities at key festival and social moments throughout the year.

Safeguarding

All those involved in senior leadership including our ministers, Circuit Leadership Team, Circuit and Church Stewards, Youth and Children’s Workers and Safeguarding leads are required to undertake the advanced module of the Methodist Church ‘Creating Safer Space’ training.

Others involved in pastoral work and local church leadership are required to undertake the foundation module of the same training.

DBS checks are required for certain roles as part of our dedication to the Methodist Church process of ‘Safer Recruitment’.

The Methodist Church seeks to foster a ‘Culture of Safeguarding’ within the church. This is something that is taken very seriously by the Bradford South Circuit.

Volunteers

The Bradford South Circuit would like to thank all the volunteers who work so tirelessly to make our Circuit a lively and vibrant community. Our especial thanks go to all the members of our Circuit Leadership Team.

We recognise that we ask a great deal of our volunteers, giving them a great deal of responsibility. We are so grateful for their dedication to living out their roles and faith amongst this Circuit.

Circuit Accruals Accounts 2023-24 THE METHODIST CHURCH REPORT AND ACCOUNTS (ACCRUALS BASIS) for the year ended 31 August 2024 Bradford South Circuit Reglstered Charfty- Reglstratlon number 1157285 Yorkshire West District No I Circuit No 27133 Mlnl8ter8 Rev Graeme Dutton Rev Andrew Stead Rev Joy Sykes Clrcult Steward8 Teresa Lunn Derek Marshall Jean Sheard Richard Sheard Richard Walsh Circuit Treasurer John Andrew

Name of Circult Bradford South Ctr¢ult Circuit No 27rJ3 Statamont of Financial Activlties (SOFA) for the year ended 31 August 2024 Not•8 10 th• ¢I￿lItI10dtI DE&illttated Ge•ral Fund TA￿t Funds (Unrslrfctedl IUnro8irktodl IUnAgtwktodl RetsbScted Endowment Fund$ Fund¥ Totil 202)44 Totsi 202243 Inc(me f Dtsnath)n88nd l¥Jaoe 2 Inojmefrom ￿¢￿e1&Y InvESlrnents 3 knoThfrom kn¥È$knent properfets 4 Atssessnents Churthes 5 C8plal Reci¥ 6 Grants [8￿ved 7 CMherthartatrA• Inujme 8 Totsl Incom• 15.5614 87J67 16.668 .367 5,900 117,494 66,211 If9.146 67.503 113,7S4 126.681 476.689 600.0•3 Expendtture 9 Grdnts Bnd don8kna 10 aB50riated ¢>Jstq 11 Prvpty m￿nI￿an¢0 12 Connethn41 awssm¢ni & modd bust I 13 rm5tsfjciA￿qsIm1fft1 & La¥y 147.741 40.860 147,741 12.741 138.077 31.716 21.881 io 446S6 45,106 44,340 IS Manle co¥ls 16 Othqroulgolng 17 Conlrfthjuons lo the d￿1[￿1 •dv•nc4J fvnd 17 Totsl chartiablo •Kp•ndlWY• 18 G￿n8111)ss￿l mon6t8ryknvesth8nts 19 Gdnsl())s8881 ￿ kn¥esbMenl propertl88 20 N•t Incom•ll•xp•ndltyrnl 21 TTrThsfqrs beh¥een ljndi 22 Othergdn51Oostyesl 23 N•tlllOV•lbl•llt kn fvndA 24 Total fijnds brou8ht forward 25TOlalfundigftl￿IUl￿ li 12 29Jl I9￿10 gJ19 314.200 28,931 238.624 1.701 11580 76.(K¢7 9.389 276.921 13.144 13,144 144367 28,693 142.1•7 107.775 235,148 235.180 342.921 IA95,988 1103.006 1•8,550 237.772 436 144,387 142,187 751 1,834,SDg 1.692,322 754 1 690.142 1.134.509

Name of Circu Brndford Soulh Clrcult Cir¢ult Mo 27133 Balance Sheet as at 31 August 2024 General Fund IUnrnBlrlctqdl CircuitModBI R95trlcted Funds Ertdowm¢D Funds Totsls Totals Funds (UmE5￿¢t¢dl Ncl•Ftothp Accovnts Flxed Asmts circtM￿Ses&E￿uIPrnerrt Inveslmert p 16 915.728 915,728 Totrl thdassets 915,728 gf4728 1.14901 DoblorB Loans bythe Clrx Invesimorns ￿ TMCP Central BDanl D&pDSits CaEh ai 17 10.296 5.718 236.523 423,959 17.og5 696,590 4,432 4.432 437.076 322.863 13.189 706.490 426.32?. 754 Tot•lcurneni•ssets 754 Cuvr•ntllabilltbBB CredlrKs lthfr li 1 ￿er) Grants pa ble 201&1P Total¢ury•ntWabllllTes N•t¢un•rttsSétsn￿b1lIlleS 18 12.08S 12.U85 11,989 1lOeS 337.337 13,OJ5 77VIJ 11.gBg 322 754 TL•l￿Zets Iqss erNrarrtUabllllles 1.253.066 434327 7M 1,$10.141 1,834.500 Lon8 terrn Ilablutles duEafter more than one Granls Payab￿ after 201&19 Losns lo Clr• 1,263,066, 436,322 754 1.690.141 1,834,509 Fundi olth•CiwJ Gane￿1 F￿j IU¥nstrktedl CiTUit IAlldqlTnJ5t Fund IUNvsltTLiadl D￿a￿ted IUNeslri¢X8dl 1.253,085 1.253.065 436.322 1,595.986 237,772 436.322 1,•09,317 1.831751 End￿￿rtF￿Mdg 7S4 754 751 Tot•lFunds 1.262. 436.322 764 1.6W,141 1,84509

Name of Circuit Bradford South Circuit Circuit No 1157285 Notes to the Accounts 1. Basls of accountlng Tha finanaal ststements have wepBred in attoFdancBith Arr￿nting aThJ Repor￿ng by Charitie5." Statement of Recximmended Pradi¢)2 8ffj4iLzile to ch8rities preparing Iheir arLounts in accordan￿ ¥Mth the Financial Reporbng Standard applie8ble in the UK and Re￿￿AlC of Ireland IFRS 1021 li58ued in October20191. the Fina￿￿81 Rewbng Standard irAblg in the Uniied lfjngdum and RE￿￿lie of Ireland IFRS 1021, the Chariti8s Act 2011. and UK GenerdFy Accepted Acc(thting Practhca l Funds The fijnds hdd ry)nstitLrte.' Gpneral Funds hdd for any pu￿D30 of th8 CryillMth ￿ Unrestrided. Th8 Circuit Model Trust F￿j has vAde purp08e8 defined in Standing Orders and is categorised as unr&strid&J. Restricted funds are hdd for a narromer purpose. There are also the followng Endcttment fijnds as listed. Detai15 ofeach Ma￿laT fijnd a￿ disdo3•J in the final note to these accounts. Anyfi¥Kls may bg reyegented by morB than just cash. 3. Accountlng pollclo• BMI8 These acc4Junts hgve been prepared ￿ the b8sis of hiskniC￿ cost exceFrt that investrnenb are sho￿ at thdr mathet value at the of th• y•ar, cfi the acuug1$ b8815 tts ahow o true and ￿"rvI•W ofthE CirpJrf3 finanrial F4J5ition activiti88. Incorne recognltSon Income Is IndudBd In th• Sl4tom•ntof F(nand8lAcb¥fUe& ISOFAI th? Cirajit be￿95 entived to Ihe reJourcei, and twstees a TeBson8bly certain th8yiII receive the Tesources", and th• rnor b8 rn•&5urnd 7AIth wffld8nt r•liablllty. ReOu￿5 •xponded This is reuJgni8ed vknen q lisbillty Is In￿Tr8d. or a conJtrudi¥e Brises. th?1 in Ih? Pa￿¢nt being ungvDldat￿?. Liabifities are recognised as soon as On oufflow of ecijnomic beneffit is (x)ns¢dered m(xelikelyth8n not undwthe ltyal or eonÉtru¢thve 0￿•98110n clxnmitling th8 Cirthlt to pay outrgsource¥. Grnnt• Grants m8d& by tha Cl￿1ttrorn its owm fijnds are re(xybi8ed in atthe time Ofagr￿ent OT the Cir(>Jit accepts that there is & leqal or operatton81 obligatlon to make the p8yrnenL th8 grant is raowrenl over more than year lh8 bglanc8 payubl8 in fuiwe y88ws as a wjws1(￿ forfubjre commitm8nls in ihe 8819n￿ Sheet agalnst the apwoprfate fund, the promsion being rdeased in fviure y8ars as instalments we paid In aC￿rdanC8 with th• origln•ly agwd tenn& VAT Sineé th• Clr¢uil18 not VAT reglBteTed, all inpvt VAT is tharged ￿1th the e¥￿nseS1O %thlfÈ it r•f•rn. Tanglble flxed a•••stfor uso by tho Clrcuft These are c8ptslised rf they can ba u¥ed for more one year. and inth'iridually cogt at least £1,000. The freehold prowty is shrywn in the c¢x)unts 0¢ 2015 deemed values, of%%filth th8 land oJmw8nl is nDt kn¢y￿. No dewerjati(￿ 13 promded on the building becau￿ the trustee o)nslder tha current residual fair value of Ihe buildings lon the assumpti(ffi that it hgd reaL*d Ihe end of its usefvl economie life bythe yw- endl to be not less than its cJj￿ent V81u8. Any deWeCiatir￿ Would noi ￿ matwial. Thg wowty has teen for ifflpainnent. Inve8tment propertle• Inve61rnent properbes- no Property is cuTh8nlly deemed ts not be h8kl forthe kng tenn purpo885 of Ihe th8rity. Inve8tmBnt• Inve5trnents ore valued in th& balance sheet at market value al Ihe ywend. In¥e¥knentincr￿e is induded in the a¢xovnts vthen rewvl? 8nd arty gains cf losses on revaluabon 8t the yearend are shwi in th6 SOFA Oebtors and prep•ym•nt• Debtcrfs relate to the paym￿1 ofth• S•ptamber sbpend in August Credltort CrBdit(Ys indude bDth wndry exppn8e5 and $￿ific￿￿the 1st quarter 859e¥smentrwxv8d in AugusL

Name of Circuit Bradford South Clrcuit Circuit No 1157286 4. Investment Income c1￿￿1t Mtsdel TniÉt lthmirkthd Fund ft05triLtrd EndowrnR￿ 2024 Totsi 2023 Total R+n￿ Income 15.568 15.568 15,566 15.568 Totsl &900 5. A5Bessments on Church85 Clrcult Mud•l Trnt Fund Unrnslrfctsd ft•¥trlctsd Endo%Tr•Tht 2D24Tolal 2D23 Totsl A85￿MentS 87.307 97,367 97.367 117.494 117.494 Totsl 97,367 6. othor Charftable Income cl1￿[t Model Tru•t Fund R•&blctsd Endo￿nt 2024 Totsi 2023 Totsl sl 18,943 195 16.186 40 84.148 25,026 8•nevrA¢ncè Otherkncome 843 ofThcffibury M•thodLtt Churt 399,975 5,6C(I 20.251 24.644 24,044 Th0n￿￿chUrCh 3Generai• 24D 240 stAmotds 4.030 3,875 20,40D 5 Fets4Dproa Leeds Cty Contro MIS￿On Sknlon 0￿rstmaNls e.251 4QO 251 400 Waddlnglon TumwWHn R889ry8 Fund Refund i.(x)o 42R38 67.603 42,33B 113.754 T•lal 06.211 476,690 7. Grnnts and Donatlons Cl￿111 Modgl Trn•t Fund Re•irf¢i•d Endowrmnt ZOZ4Totsl 2023 Totsl TwLslone Grnnt 4,0 4000 Totsl 8. Pald Employees Thi• Y•ar L•stY••r sialrc￿ts pald durtng the year￿Tr- GrDs&wges, tsthrfÈs ind benth1ts In Ern￿OYeeS nalknnBllnsursnce rA￿ls P¢n51￿ tyjsts 109,042 9.921 25.840 2.937 147.741 105.126 9.067 23.032 EJpEnses Totsl 1.852 139.077 Ab•wagE numbErofstsff EmployEd durihy the yEarvnrE:

1. Property Maintenance ModolTrn8t Fund Unftthctsd ftestiicted EndoMn•nt 2024Tolal 2023 Totrl Comerstone PrnleLX Payrnents Southlleld LanÉ Pmled PayThnts Heiyhts Co&is Hwgate Road CrSts Clw¢r Costs 20,6B3 5.486 5.2C•J 5.49B 2.2QO 22iKI 1.178 21.881 2,6n 1,800 1.153 5.250 13.705 3.840 31.716 21081 5 Fa1%￿￿08Ch Co Wbsey Churth Co Totsl 2.873 8.630 40.860 21￿01 62.741
2. Dlstrfct A￿0$¥￿ent and Lwy Model TN Fund Unrn8trlctsd R•thctsd Endown•nt 2024 Totsi 20YJ Totsl D15trk* A88esgmanl 4S.6S6 46,606 45.858 46.656 44.S40 Totsi
3. Man8• Costs C1￿ul1 ModelTrn•i Fund Unrqsirf¢t•d RMtrlct•d EndoTr•nt ZUl4Totsl 20ZJ Totsl C￿n￿Ta% 8272 2,30 2,271 18,173 8.272 9.105 2.625 3.006 12.195 28,931 InwJr8nc• 2.271 16.173 2#,oa4 Rep81 Totsl 11 Other Outgoing8 Ckcull Mod•l Tnmi Fund Rwtrtt•d EndoTh•nt ZQZ4 Totsl 2D2J Total Admln Charg•s- P•bYr Apprenl(*slw Letyy SL Arnoll's Ewen¥e8 Ccrtnethnal SthB 480 48D 480 J8 371 371 580 76.330 678 75,330 221,125 276 Admkn Cost6- TMCP Quiiwennlil IN￿¢¢￿)n$ Clkn Col￿R$nI 2,041 1.809 1.978 1.fAJO 2.768 1.800 2,768 Td•phorwlarD8dband Tr3¥el 38 Postag4 Prfntkng & si•trcffjery URC 204 n6 180 88nk Fe•8 60 Atsdll Fee 222Q 2.220 2,220 225 Ytyth CoitS XherExpenditure Comwtsr5f4yMlnlstry 202 202 2.226 572 Remova15 2314 2.214 201 2,268 Rools 3GeneTBie fjOD Va￿al￿)n & LeBd Fees 750 274 274 Trninw 315 315 76.007 99.5911 238,6ZS

1& Contributions to the Distrlct Advance Fund Ccutt Mothl Trnst Fund R8¥tiid•d Endowmnt 2D24Tolal 2023 Tal•1 1.70f Paym•ntto T￿￿1￿5 ThlA Y•r La8tYur Toial 1& FOM forEx•mlnallon orAudlt of tho ACCO￿ts Thl•Y••r L••tYMr ￿￿kn•￿00r￿1fra￿Ta￿forTQP0thg •crAwrf• 2,220 1220 2320 23211

Name of Cir￿lt Bradford South Circuit Circuit No 11S7285 16. Tangibleflxed assets Otherllxad Pa5Thenls on Includlng Flxiure4 accourt Wbd ljther fftllngs and •5s•ts under Oih¢rl•nd man￿ ￿ldIng8 v•hlcl85 wulimert ¢othstrucJor• Yow R•sidentiql land Bdance brnughtfo￿￿rd 1.150.908 1.150.908 Re¥￿￿811t￿ l+fvi SP058Js l-l Tr8nslers" l+kl B4￿c4j carried forwwd -235.180 -236.100 915.728 915.728 Inrwlng FJxttw••. accounlnd Iliikny undqr •qulpment e0Th6t￿on Totsl Olh•r l•nd Bd8rK• brought loNwd DBwedqtk)n charge foryoor l-l Revdu8tion81+1-I TTaThthr8-1+1-1 B￿￿1X r4rrf•d fornBr ••••ts PayTh•nts OTh Flthrns, accouniand Othw lilt1n￿ and asMt• und•r Qlh•rl•nd Il•ftM• v•fr*lM •qulw•fftt conslructkm Total R••ld•Atl•l Brought 1,150.908 1.150.908 915.728 915,728

Name of Circuit Cir￿lt No 1157285 17. Anatys15 of Curr•ntAss•ts Th1oYe•r L••tYMr (Xherdeblo 10.296 1ffj296 Totsl l& Anatysl• of currnnt IlabHIU•s and long terni cvedkn Y￿r L•BtYMr CurTrntll•bllU 12,085 11006 11.969 11.989 19. Capttal commltrnonts and contkngent labMII Aitrb• 318tAW 21W tho CIToJIt oplthl

Bradford South Clrcuit DECLARATIONS Trpasurer I cJ)nfimi Ihatlhe5e arrnjal based acuunts forthe year8nded 31st Aug￿1 2024 have bevj) wepared lrnm Ihe records ofthe Cirr#Jil and Ihat irthde al fvnd5 undErthe ointrol ofthe Circuit Meeln SI￿ ofTreaswer Name ofTre88urer John And Addre#È 125 High9ate Ro8d. QUe￿￿t￿ry, 8D13 10J Presentation of tho Clrcult Meeting for approval I ccffifinn that the annual rnport and accoutns forth• wr•nded 31 August 2024 prtt•ntfAI to th• arrth M••b"ng at Ils meeunq on SlgnBlure of the Chalrof the rn88ting Name ol Ihe Chalr ofthe medng 12Ev Independent Examlner's report of the Trust••8 of th• Bradford South Clrcult Thls ReFNt Is cffj the ClroJrtALuunts forthe ye8r ended 31st AugU5t2024. Respectlve responsibilities of Trustees and Examiners The cIr￿leS INBtees are re5ponsiblefor ensurfng that the ￿nUel reFQrtBnd 8ccg3urrts forts yw to 31 August 2024 preBent a irue and falr Wlvw ol the Clrcuit's inctffje and eXpendi￿re forthe yearand of its 8S8et8 and liabihbes at ihe balance sh￿1 The trustees c4Jnsiderthat an audlt bs nol neces88ry lorthis year under Seclrun 144 ofthe Chartues Art2011 (the Charities Act) and thal ￿ Independeni examlnauon is needed. It Is my responsibllty to.. - •x8mlne the accounts undeT s8cOor 145 01th8 Charttl•s Art - to fdlowth• procedure818ld In the generdl Dlreclicffjs gi￿ bylhe Chartty CLvnrni88lon underseclon 14515llbl of the Charllles A¢l", 8nd - to state *theth8rpartiEular rnatter5 have ¢)yne to my att￿0¢￿.

Bradford South Circuit Basis of Independent Examlner's Report My examination knes Lxn1e(J out in ac￿rd￿n￿ ￿ the gen8wal diTedicffls w bythe Charity Comrnisslon. An ex8mlnation indudeg a ofthe accounting reCc￿dS kept bythe chaiity and a umparfson ofthe accounts preS￿lted wth those fwd5. It also includ85 consideration ofany unusual items, In natijre or sr4e, QT disdosures in the acujunts, seeking explanab.ons frcffl the Tnjstees conwning such rnatter& The procedures und8rtaken do not prowde all the evldenCethat￿U1d te requir&J in an aLx11t￿. rJnseqventy no cyinian is glven as to Mthether Ihe aCLounts twent a In￿ and fair wew. My r8port Is Ilmtsd to those matters oul in the statement below. Indep8ndent Examlnerfs Statement In connecon 7Aith my wminatton. no matter ha$ o>ntslo my att￿tIc￿ lothwthan as disdosed belovri l¢h glv•s rne reasonatle cause to Wi•v• that In ary materfal rnspects the requlr•mants'. -to keep a¢¢ounlng r•cords In acccfdan¢eknlth S8ctlon 130 ofth Charfbas Act -to prepgre ace4unts accord lh8 acawrrtln9 recryd¥ and thB 8¢c¢untlng requirements ofth• Charibes Ad have not been met, or to %%lth. In rny O￿nIOn, attenbcn Shwld b& trawm in orTJerto enatAe a proper undpr3tsn(lng ofthe acccynts to be 131 I have oblabned Independent ion ofam Inveslrnents ￿lIh Ihe Tru8tees for Methodlst c￿rCh Pury)oseJ or hdd In othertrusts, bank balances and frmds al the CthBI FIn￿ce Board ofthe Methodist Church ￿1￿) 8r8 indiwidually In excess of£10,000 thousand ￿nI$S) al Ihe b31ance sheet date. oflndependent examlner Jonathan Stead FCCA Slgnature of Independent oxamlner RelÈ¥znt wofesslonal qualthc8lon ol Intjependent 8xamlner chart￿ed eHbfi8d AccwntAnt Namè offflnn aFVQPriat*l Sleigh & Story Ltd Addregs T￿)rnhIl1 8￿99 Thomhill Beck Lane. BrfghouBe. HDU 4AH Dale

Circuit Accruals Accounts 2023-24 THE METHODIST CHURCH REPORT AND ACCOUNTS (ACCRUALS BASIS) for the year ended 31 August 2024 Bradford South Circuit Reglstered Charfty- Reglstratlon number 1157285 Yorkshire West District No I Circuit No 27133 Mlnl8ter8 Rev Graeme Dutton Rev Andrew Stead Rev Joy Sykes Clrcult Steward8 Teresa Lunn Derek Marshall Jean Sheard Richard Sheard Richard Walsh Circuit Treasurer John Andrew

Name of Circult Bradford South Ctr¢ult Circuit No 27rJ3 Statamont of Financial Activlties (SOFA) for the year ended 31 August 2024 Not•8 10 th• ¢I￿lItI10dtI DE&illttated Ge•ral Fund TA￿t Funds (Unrslrfctedl IUnro8irktodl IUnAgtwktodl RetsbScted Endowment Fund$ Fund¥ Totil 202)44 Totsi 202243 Inc(me f Dtsnath)n88nd l¥Jaoe 2 Inojmefrom ￿¢￿e1&Y InvESlrnents 3 knoThfrom kn¥È$knent properfets 4 Atssessnents Churthes 5 C8plal Reci¥ 6 Grants [8￿ved 7 CMherthartatrA• Inujme 8 Totsl Incom• 15.5614 87J67 16.668 .367 5,900 117,494 66,211 If9.146 67.503 113,7S4 126.681 476.689 600.0•3 Expendtture 9 Grdnts Bnd don8kna 10 aB50riated ¢>Jstq 11 Prvpty m￿nI￿an¢0 12 Connethn41 awssm¢ni & modd bust I 13 rm5tsfjciA￿qsIm1fft1 & La¥y 147.741 40.860 147,741 12.741 138.077 31.716 21.881 io 446S6 45,106 44,340 IS Manle co¥ls 16 Othqroulgolng 17 Conlrfthjuons lo the d￿1[￿1 •dv•nc4J fvnd 17 Totsl chartiablo •Kp•ndlWY• 18 G￿n8111)ss￿l mon6t8ryknvesth8nts 19 Gdnsl())s8881 ￿ kn¥esbMenl propertl88 20 N•t Incom•ll•xp•ndltyrnl 21 TTrThsfqrs beh¥een ljndi 22 Othergdn51Oostyesl 23 N•tlllOV•lbl•llt kn fvndA 24 Total fijnds brou8ht forward 25TOlalfundigftl￿IUl￿ li 12 29Jl I9￿10 gJ19 314.200 28,931 238.624 1.701 11580 76.(K¢7 9.389 276.921 13.144 13,144 144367 28,693 142.1•7 107.775 235,148 235.180 342.921 IA95,988 1103.006 1•8,550 237.772 436 144,387 142,187 751 1,834,SDg 1.692,322 754 1 690.142 1.134.509

Name of Circu Brndford Soulh Clrcult Cir¢ult Mo 27133 Balance Sheet as at 31 August 2024 General Fund IUnrnBlrlctqdl CircuitModBI R95trlcted Funds Ertdowm¢D Funds Totsls Totals Funds (UmE5￿¢t¢dl Ncl•Ftothp Accovnts Flxed Asmts circtM￿Ses&E￿uIPrnerrt Inveslmert p 16 915.728 915,728 Totrl thdassets 915,728 gf4728 1.14901 DoblorB Loans bythe Clrx Invesimorns ￿ TMCP Central BDanl D&pDSits CaEh ai 17 10.296 5.718 236.523 423,959 17.og5 696,590 4,432 4.432 437.076 322.863 13.189 706.490 426.32?. 754 Tot•lcurneni•ssets 754 Cuvr•ntllabilltbBB CredlrKs lthfr li 1 ￿er) Grants pa ble 201&1P Total¢ury•ntWabllllTes N•t¢un•rttsSétsn￿b1lIlleS 18 12.08S 12.U85 11,989 1lOeS 337.337 13,OJ5 77VIJ 11.gBg 322 754 TL•l￿Zets Iqss erNrarrtUabllllles 1.253.066 434327 7M 1,$10.141 1,834.500 Lon8 terrn Ilablutles duEafter more than one Granls Payab￿ after 201&19 Losns lo Clr• 1,263,066, 436,322 754 1.690.141 1,834,509 Fundi olth•CiwJ Gane￿1 F￿j IU¥nstrktedl CiTUit IAlldqlTnJ5t Fund IUNvsltTLiadl D￿a￿ted IUNeslri¢X8dl 1.253,085 1.253.065 436.322 1,595.986 237,772 436.322 1,•09,317 1.831751 End￿￿rtF￿Mdg 7S4 754 751 Tot•lFunds 1.262. 436.322 764 1.6W,141 1,84509

Name of Circuit Bradford South Circuit Circuit No 1157285 Notes to the Accounts 1. Basls of accountlng Tha finanaal ststements have wepBred in attoFdancBith Arr￿nting aThJ Repor￿ng by Charitie5." Statement of Recximmended Pradi¢)2 8ffj4iLzile to ch8rities preparing Iheir arLounts in accordan￿ ¥Mth the Financial Reporbng Standard applie8ble in the UK and Re￿￿AlC of Ireland IFRS 1021 li58ued in October20191. the Fina￿￿81 Rewbng Standard irAblg in the Uniied lfjngdum and RE￿￿lie of Ireland IFRS 1021, the Chariti8s Act 2011. and UK GenerdFy Accepted Acc(thting Practhca l Funds The fijnds hdd ry)nstitLrte.' Gpneral Funds hdd for any pu￿D30 of th8 CryillMth ￿ Unrestrided. Th8 Circuit Model Trust F￿j has vAde purp08e8 defined in Standing Orders and is categorised as unr&strid&J. Restricted funds are hdd for a narromer purpose. There are also the followng Endcttment fijnds as listed. Detai15 ofeach Ma￿laT fijnd a￿ disdo3•J in the final note to these accounts. Anyfi¥Kls may bg reyegented by morB than just cash. 3. Accountlng pollclo• BMI8 These acc4Junts hgve been prepared ￿ the b8sis of hiskniC￿ cost exceFrt that investrnenb are sho￿ at thdr mathet value at the of th• y•ar, cfi the acuug1$ b8815 tts ahow o true and ￿"rvI•W ofthE CirpJrf3 finanrial F4J5ition activiti88. Incorne recognltSon Income Is IndudBd In th• Sl4tom•ntof F(nand8lAcb¥fUe& ISOFAI th? Cirajit be￿95 entived to Ihe reJourcei, and twstees a TeBson8bly certain th8yiII receive the Tesources", and th• rnor b8 rn•&5urnd 7AIth wffld8nt r•liablllty. ReOu￿5 •xponded This is reuJgni8ed vknen q lisbillty Is In￿Tr8d. or a conJtrudi¥e Brises. th?1 in Ih? Pa￿¢nt being ungvDldat￿?. Liabifities are recognised as soon as On oufflow of ecijnomic beneffit is (x)ns¢dered m(xelikelyth8n not undwthe ltyal or eonÉtru¢thve 0￿•98110n clxnmitling th8 Cirthlt to pay outrgsource¥. Grnnt• Grants m8d& by tha Cl￿1ttrorn its owm fijnds are re(xybi8ed in atthe time Ofagr￿ent OT the Cir(>Jit accepts that there is & leqal or operatton81 obligatlon to make the p8yrnenL th8 grant is raowrenl over more than year lh8 bglanc8 payubl8 in fuiwe y88ws as a wjws1(￿ forfubjre commitm8nls in ihe 8819n￿ Sheet agalnst the apwoprfate fund, the promsion being rdeased in fviure y8ars as instalments we paid In aC￿rdanC8 with th• origln•ly agwd tenn& VAT Sineé th• Clr¢uil18 not VAT reglBteTed, all inpvt VAT is tharged ￿1th the e¥￿nseS1O %thlfÈ it r•f•rn. Tanglble flxed a•••stfor uso by tho Clrcuft These are c8ptslised rf they can ba u¥ed for more one year. and inth'iridually cogt at least £1,000. The freehold prowty is shrywn in the c¢x)unts 0¢ 2015 deemed values, of%%filth th8 land oJmw8nl is nDt kn¢y￿. No dewerjati(￿ 13 promded on the building becau￿ the trustee o)nslder tha current residual fair value of Ihe buildings lon the assumpti(ffi that it hgd reaL*d Ihe end of its usefvl economie life bythe yw- endl to be not less than its cJj￿ent V81u8. Any deWeCiatir￿ Would noi ￿ matwial. Thg wowty has teen for ifflpainnent. Inve8tment propertle• Inve61rnent properbes- no Property is cuTh8nlly deemed ts not be h8kl forthe kng tenn purpo885 of Ihe th8rity. Inve8tmBnt• Inve5trnents ore valued in th& balance sheet at market value al Ihe ywend. In¥e¥knentincr￿e is induded in the a¢xovnts vthen rewvl? 8nd arty gains cf losses on revaluabon 8t the yearend are shwi in th6 SOFA Oebtors and prep•ym•nt• Debtcrfs relate to the paym￿1 ofth• S•ptamber sbpend in August Credltort CrBdit(Ys indude bDth wndry exppn8e5 and $￿ific￿￿the 1st quarter 859e¥smentrwxv8d in AugusL

Name of Circuit Bradford South Clrcuit Circuit No 1157286 4. Investment Income c1￿￿1t Mtsdel TniÉt lthmirkthd Fund ft05triLtrd EndowrnR￿ 2024 Totsi 2023 Total R+n￿ Income 15.568 15.568 15,566 15.568 Totsl &900 5. A5Bessments on Church85 Clrcult Mud•l Trnt Fund Unrnslrfctsd ft•¥trlctsd Endo%Tr•Tht 2D24Tolal 2D23 Totsl A85￿MentS 87.307 97,367 97.367 117.494 117.494 Totsl 97,367 6. othor Charftable Income cl1￿[t Model Tru•t Fund R•&blctsd Endo￿nt 2024 Totsi 2023 Totsl sl 18,943 195 16.186 40 84.148 25,026 8•nevrA¢ncè Otherkncome 843 ofThcffibury M•thodLtt Churt 399,975 5,6C(I 20.251 24.644 24,044 Th0n￿￿chUrCh 3Generai• 24D 240 stAmotds 4.030 3,875 20,40D 5 Fets4Dproa Leeds Cty Contro MIS￿On Sknlon 0￿rstmaNls e.251 4QO 251 400 Waddlnglon TumwWHn R889ry8 Fund Refund i.(x)o 42R38 67.603 42,33B 113.754 T•lal 06.211 476,690 7. Grnnts and Donatlons Cl￿111 Modgl Trn•t Fund Re•irf¢i•d Endowrmnt ZOZ4Totsl 2023 Totsl TwLslone Grnnt 4,0 4000 Totsl 8. Pald Employees Thi• Y•ar L•stY••r sialrc￿ts pald durtng the year￿Tr- GrDs&wges, tsthrfÈs ind benth1ts In Ern￿OYeeS nalknnBllnsursnce rA￿ls P¢n51￿ tyjsts 109,042 9.921 25.840 2.937 147.741 105.126 9.067 23.032 EJpEnses Totsl 1.852 139.077 Ab•wagE numbErofstsff EmployEd durihy the yEarvnrE:

1. Property Maintenance ModolTrn8t Fund Unftthctsd ftestiicted EndoMn•nt 2024Tolal 2023 Totrl Comerstone PrnleLX Payrnents Southlleld LanÉ Pmled PayThnts Heiyhts Co&is Hwgate Road CrSts Clw¢r Costs 20,6B3 5.486 5.2C•J 5.49B 2.2QO 22iKI 1.178 21.881 2,6n 1,800 1.153 5.250 13.705 3.840 31.716 21081 5 Fa1%￿￿08Ch Co Wbsey Churth Co Totsl 2.873 8.630 40.860 21￿01 62.741
2. Dlstrfct A￿0$¥￿ent and Lwy Model TN Fund Unrn8trlctsd R•thctsd Endown•nt 2024 Totsi 20YJ Totsl D15trk* A88esgmanl 4S.6S6 46,606 45.858 46.656 44.S40 Totsi
3. Man8• Costs C1￿ul1 ModelTrn•i Fund Unrqsirf¢t•d RMtrlct•d EndoTr•nt ZUl4Totsl 20ZJ Totsl C￿n￿Ta% 8272 2,30 2,271 18,173 8.272 9.105 2.625 3.006 12.195 28,931 InwJr8nc• 2.271 16.173 2#,oa4 Rep81 Totsl 11 Other Outgoing8 Ckcull Mod•l Tnmi Fund Rwtrtt•d EndoTh•nt ZQZ4 Totsl 2D2J Total Admln Charg•s- P•bYr Apprenl(*slw Letyy SL Arnoll's Ewen¥e8 Ccrtnethnal SthB 480 48D 480 J8 371 371 580 76.330 678 75,330 221,125 276 Admkn Cost6- TMCP Quiiwennlil IN￿¢¢￿)n$ Clkn Col￿R$nI 2,041 1.809 1.978 1.fAJO 2.768 1.800 2,768 Td•phorwlarD8dband Tr3¥el 38 Postag4 Prfntkng & si•trcffjery URC 204 n6 180 88nk Fe•8 60 Atsdll Fee 222Q 2.220 2,220 225 Ytyth CoitS XherExpenditure Comwtsr5f4yMlnlstry 202 202 2.226 572 Remova15 2314 2.214 201 2,268 Rools 3GeneTBie fjOD Va￿al￿)n & LeBd Fees 750 274 274 Trninw 315 315 76.007 99.5911 238,6ZS

1& Contributions to the Distrlct Advance Fund Ccutt Mothl Trnst Fund R8¥tiid•d Endowmnt 2D24Tolal 2023 Tal•1 1.70f Paym•ntto T￿￿1￿5 ThlA Y•r La8tYur Toial 1& FOM forEx•mlnallon orAudlt of tho ACCO￿ts Thl•Y••r L••tYMr ￿￿kn•￿00r￿1fra￿Ta￿forTQP0thg •crAwrf• 2,220 1220 2320 23211

Name of Cir￿lt Bradford South Circuit Circuit No 11S7285 16. Tangibleflxed assets Otherllxad Pa5Thenls on Includlng Flxiure4 accourt Wbd ljther fftllngs and •5s•ts under Oih¢rl•nd man￿ ￿ldIng8 v•hlcl85 wulimert ¢othstrucJor• Yow R•sidentiql land Bdance brnughtfo￿￿rd 1.150.908 1.150.908 Re¥￿￿811t￿ l+fvi SP058Js l-l Tr8nslers" l+kl B4￿c4j carried forwwd -235.180 -236.100 915.728 915.728 Inrwlng FJxttw••. accounlnd Iliikny undqr •qulpment e0Th6t￿on Totsl Olh•r l•nd Bd8rK• brought loNwd DBwedqtk)n charge foryoor l-l Revdu8tion81+1-I TTaThthr8-1+1-1 B￿￿1X r4rrf•d fornBr ••••ts PayTh•nts OTh Flthrns, accouniand Othw lilt1n￿ and asMt• und•r Qlh•rl•nd Il•ftM• v•fr*lM •qulw•fftt conslructkm Total R••ld•Atl•l Brought 1,150.908 1.150.908 915.728 915,728

Name of Circuit Cir￿lt No 1157285 17. Anatys15 of Curr•ntAss•ts Th1oYe•r L••tYMr (Xherdeblo 10.296 1ffj296 Totsl l& Anatysl• of currnnt IlabHIU•s and long terni cvedkn Y￿r L•BtYMr CurTrntll•bllU 12,085 11006 11.969 11.989 19. Capttal commltrnonts and contkngent labMII Aitrb• 318tAW 21W tho CIToJIt oplthl

Bradford South Clrcuit DECLARATIONS Trpasurer I cJ)nfimi Ihatlhe5e arrnjal based acuunts forthe year8nded 31st Aug￿1 2024 have bevj) wepared lrnm Ihe records ofthe Cirr#Jil and Ihat irthde al fvnd5 undErthe ointrol ofthe Circuit Meeln SI￿ ofTreaswer Name ofTre88urer John And Addre#È 125 High9ate Ro8d. QUe￿￿t￿ry, 8D13 10J Presentation of tho Clrcult Meeting for approval I ccffifinn that the annual rnport and accoutns forth• wr•nded 31 August 2024 prtt•ntfAI to th• arrth M••b"ng at Ils meeunq on SlgnBlure of the Chalrof the rn88ting Name ol Ihe Chalr ofthe medng 12Ev Independent Examlner's report of the Trust••8 of th• Bradford South Clrcult Thls ReFNt Is cffj the ClroJrtALuunts forthe ye8r ended 31st AugU5t2024. Respectlve responsibilities of Trustees and Examiners The cIr￿leS INBtees are re5ponsiblefor ensurfng that the ￿nUel reFQrtBnd 8ccg3urrts forts yw to 31 August 2024 preBent a irue and falr Wlvw ol the Clrcuit's inctffje and eXpendi￿re forthe yearand of its 8S8et8 and liabihbes at ihe balance sh￿1 The trustees c4Jnsiderthat an audlt bs nol neces88ry lorthis year under Seclrun 144 ofthe Chartues Art2011 (the Charities Act) and thal ￿ Independeni examlnauon is needed. It Is my responsibllty to.. - •x8mlne the accounts undeT s8cOor 145 01th8 Charttl•s Art - to fdlowth• procedure818ld In the generdl Dlreclicffjs gi￿ bylhe Chartty CLvnrni88lon underseclon 14515llbl of the Charllles A¢l", 8nd - to state *theth8rpartiEular rnatter5 have ¢)yne to my att￿0¢￿.

Bradford South Circuit Basis of Independent Examlner's Report My examination knes Lxn1e(J out in ac￿rd￿n￿ ￿ the gen8wal diTedicffls w bythe Charity Comrnisslon. An ex8mlnation indudeg a ofthe accounting reCc￿dS kept bythe chaiity and a umparfson ofthe accounts preS￿lted wth those fwd5. It also includ85 consideration ofany unusual items, In natijre or sr4e, QT disdosures in the acujunts, seeking explanab.ons frcffl the Tnjstees conwning such rnatter& The procedures und8rtaken do not prowde all the evldenCethat￿U1d te requir&J in an aLx11t￿. rJnseqventy no cyinian is glven as to Mthether Ihe aCLounts twent a In￿ and fair wew. My r8port Is Ilmtsd to those matters oul in the statement below. Indep8ndent Examlnerfs Statement In connecon 7Aith my wminatton. no matter ha$ o>ntslo my att￿tIc￿ lothwthan as disdosed belovri l¢h glv•s rne reasonatle cause to Wi•v• that In ary materfal rnspects the requlr•mants'. -to keep a¢¢ounlng r•cords In acccfdan¢eknlth S8ctlon 130 ofth Charfbas Act -to prepgre ace4unts accord lh8 acawrrtln9 recryd¥ and thB 8¢c¢untlng requirements ofth• Charibes Ad have not been met, or to %%lth. In rny O￿nIOn, attenbcn Shwld b& trawm in orTJerto enatAe a proper undpr3tsn(lng ofthe acccynts to be 131 I have oblabned Independent ion ofam Inveslrnents ￿lIh Ihe Tru8tees for Methodlst c￿rCh Pury)oseJ or hdd In othertrusts, bank balances and frmds al the CthBI FIn￿ce Board ofthe Methodist Church ￿1￿) 8r8 indiwidually In excess of£10,000 thousand ￿nI$S) al Ihe b31ance sheet date. oflndependent examlner Jonathan Stead FCCA Slgnature of Independent oxamlner RelÈ¥znt wofesslonal qualthc8lon ol Intjependent 8xamlner chart￿ed eHbfi8d AccwntAnt Namè offflnn aFVQPriat*l Sleigh & Story Ltd Addregs T￿)rnhIl1 8￿99 Thomhill Beck Lane. BrfghouBe. HDU 4AH Dale