Moooa
Charliy Re815trthn Number 1161615
arcult
I￿24
Staffordshire Moorlands Methodist Clrcuit
Flnancial Statements for the
Year to 31 August 2025

Staffordshire Moorlands Methodist Circuit
Financial Statements for the Year to 31 August 2025
Contents
Page
Trustees Report
Independent Examiners Report
Approval by Treasurer and Chalr
Statement of Financial Activities 2025
10
Statement of Flnanclal Artlvltles 2024
11
Balance Sheet
12-14
Notes to the Financial Statements

Staffordshlra Uoorlands M•thodlst Clrcutt
Trust0￿ Annual report
Intrrxlucllon and akng
"The St8ffordshir8 Mo(YlarKts Methcrtli8t c￿[t ré commilted to ￿￿tantlY seeking
opportunrti88 to transfm wple's kves throwh an active arKI livino faith in JARu< Chri•V.
Tho realty of our day-tTrday wltrws18 eVkIer￿ in so￿4JOVernlng Methodlst Churches and
on8 Ecum8nical Partnornhip bet￿on the MethfyJi8t Church arKI the United Refomied
ChurGh. In communty lffe iogetr*r in rna[￿ tMB. nw81 vtllages arKI semi-urban settings
W8 S8ek to live oul our faith, 8UPWtin9 arKI erKouratyng eath other in outreath, mlsglon
and evanwism.
The pa8t year seen an inrn8e in th08e offering a8 Local PrOac*￿Tr and Wor8hip Lead?rn
thin ts Ctrcuit, as ￿*11 as a developing forxts on wothna Iwond the wall$ of our chur¢he8
- actNe in communits88 by means of k)cal falrs and gath*irwJ8. We have for the first tlme
u••d our recently acqulfed Clrwit HLfde Box as a m8ans of b8lrYJ morè vi8iblo and thi8 ha8
generatad intore8t acro*8 tho Cir￿lL
Partnershlp worklng has oxrtlnu*l 88 a way of thyarirw aupwt in •ll kir•d8 of way•-
addrn88lng the pr•8slng need8 of food povw, Ijoiakni and m8rrt* health Challeng88.
Durfng tha year wa have rewitad a full timo Church arKI Communlty Worker in Cheddleton,
to look at bringiNJ n6w ways of boing church. Th18 ha8 been jointly funded by ts Chester
and Stoktron-Trent M¢thod18t ￿striCt (fow yews). hope to rer*at thlg way of working In
other communiiie8 durir¥ the comlng year.
Brl•f financlal r•vlw of th• y••r
The ffnandal offerfng of lTrJivklual to ow cIr￿lt Wet is SUp￿•m0nt8d in our
commltment to invut1￿j in people by a regular planned wttlidrawai from what have
b88n 8ignifieant re￿rIal. Having takén the d8ci8ion l#1 yeel to r•diK• our level of ordainod
¥taff from 3 to 2 (from 6epternt￿ 1•12024} Started to k#)k ai ways of staffing th8
cIr￿lt Ministy n••d8. At the end of thi8 year that team CA)mpises 1 thiklren and famlly's
worker, 1 administrator. 2 ordained Ministern, 1 Church and Communty Worker. This
ontinue8 to be a 8lgnifi(xm Inve8trnen( the Circuit rwnain8 commffted to Ihis bvel of
thurch arKI commuimty ertrJagemont 18 the gift• and graces our staff offer.
Income aTrJ èxp•ndi￿r• xro txoadty in lin8 vith our mlBolon 8tatern￿ and policy. we
continu8d to Inv8gt from reserve8 to fund our staffi￿ costs of £131.088. Our net movement
on fvnds 18 £132.483 for the year. Our carried fotwaTKI funds are £2,332,256 - we anticipate
th88e ￿nd8 wll b6 required to fund workiTrJ 4XFxial n••d• as well l)elng Avaljablg for
investment to I(￿1 f*wrth88 for ml3slon K*OJeth.
The level of re88rv88 18 undor eon8tant revlvw by thé C1￿1t Traa8urer and Leadership
Team.

The work of min* in a￿lt is a ￿1p lay and ordained, paid and
volunteer workers, and offer our gratefvl thank8 to each or*. We are especjally thanklul
for the ￿ntInued work wItr￿S of our Local Pr8th5, some ofwhom are no longer
leading worship week by week but ￿e supp(¥ti¥e in tyayw, aloTrJside tha 8ignhS¢ant support
ovided by ow supemumerary ministers.
Income trends
c[r￿lt Incom8 Is wimarfly drawn from tho al￿$8￿ pald by th8 ¢X￿1t dwrches. We have
$é8n first hand tho 8truggle8 of local ￿¥jre9ati￿￿ to maintain their givirYJ in the light of the
economic Sttuatlon and tr* falling numbets of attermkn. W8 are grateful for tho continued
COMM￿Ment to that diSc￿ning.
Our Income from local churths this year was £172,080- 8w)pl8ment•d by income on
invested fvnds of £38.640 and Caw r•cwt6 of£136,716.
Exp•nd1￿r• trond*
Stipend exp8nditure ha8 Intxea8od eath finandal year In Ine with th• Methodi8t Conf8r8nc•
approved Increa￿*.
19% of expendf(ure18 the CIT￿lt ccxrtrlbution to the Distrfct annd Conn8th1, of which
slgnfficant part 18 used to fund the work of the wider Methodist Church.
We anticlpate further income in the year to Augu8t 2026 in of othgr Methodl8t
Churche8 8uthor188d for 8ah. The balanGe on Circuit Mod81 Tru8t Fund balance amounted
to £532.183 whlch was l￿d on dep￿11 with the Trust￿ for Methodi8t Church Purpo8e8.
Plan• for 202W2026
Clrcuit ffinanci81 plans lor the coming year have been prepared on the basi8 that there will
2 full time ordained staff with anti￿￿ co8t of IivrvJ 8tiPe￿ inu8a808 comblned wlth the
888e88ment paid to the distriGL
The ba81s for fulfilllng our finandal commltment8 remang a p* Systém for irxlividual
churches. This system will need to Ix r8vi*A*d rf it to fdl St￿ of the budget
requlred. In the long8r terni.
We Continue lo review our calltro In the Ight of regtrlctlons faced by Socioty at large, th8
ago profilo of our con9regationJ and likely re8outcets going lo￿ard. We wlll b8 alming to
It in antrcipated that atthough the sce of the circuit may diminish in temis of numbers ot
churche8, our commrlment to thing more closety together will in fact mean that we have a
greater cApaaty for wtreach In arKI vsllw than has been the ca8e for a number of
year8.
We are aGtivety seekiry parts￿shIpS wlth groups whkh 1k￿riShIng within soaety.

11 M•y2MS
CW•. StknTrrt sr10 1
tr O(*ThJ 2W25, 8ept 202a)
Mr• M*ion Astr

Independ&ttexanirkw AtrOhvWAC4 Ilakn De Coo>, RI￿ tkn La Ror
ChemlM¢, Carf Gu•. GY5 7¢
Bankw8
Charlty 014eth• Is to act as • R•8ourc• th• wea chea￿8.
Date of Unlon th• adVan[*m￿ ot.
Methodht Chu￿.
thurch and non **
Publk Ben•nt

Structure, Govwnance and ManagThnt
The goveming document for the circuit is the Deed of Union (1932) and Methodist Church
Act (1978)
Detailed governan￿ arraNJemerrts are outlined wrthin the Constitutional Practice and
Dtscipline of the Methodist Churth by order of the annual conference (CPD).
Day to day management of the circuit is undertaken by th• Circuit Leadership team along
with the Local Preachers me¢ting. the Cir￿ll Finan￿ and Property Committee and the
Circurt Policy Commrttee.
Tru•tse Tralnlng
A range of guhlance produc8d by Methodist Connexion to support the effective running of
the circult, specifically the leknt 'The Role of a Trustee in The Methodist Church, 16 given to
all new Circuit meeting member8 as indudion to their role as truste•s.
R•lat•d Partl•8
The Circuit is part of the Chester and Stoke on Trent District and is also accountable to the
Methodist Conference.
The followng Methodlst churc￿ aro linked lo tr* ¢I￿lt a8 at 31.8.2025
Boundary. Wellspring {Cheadle and Tean), ErKlon, Ipstone8, or￿cOt8, Rudyard, St Andrew8
Cheddleton, Waterhou8e8 and Wdey Rocks.
Trinrty Church in LeeK vthlch 58 a Methodilt & URC Local Ecumenical Partner8hip, [8 al80
part of th18 circuit.
Rl•k Manag•m•nt
Th• major risks have been identified and recon￿ by the Circutt Flnanee and Property
Committeo with professional adw'ce taken ag required.
Therelg a regular annual rwew process undertaken arKI recorded.
Income and Expenditure is being moniiored in totsl arKJ Is compared ￿th the approved
annual budget on a ha￿ yearly basi8 to d8t8(a trends a8 part of the risk management proces8
to avoid urrforeseen calls on reserves.
Safeguarding
Every person has a value arKI d￿nty which ccffies directty from the Greation of male and
female In God's own image and likeness. Chrith'ans see this potential as fU￿lled by God'g
re-creation of us in Christ. Among other things this implies a duty to value all peo￿8 as
bearing th8 image of God and therefore to protect them from harm.

Methodist Connexional rKa¢ti¢e ouuineg commrimant to the followng pnnciples".
. the care and nurture of. and reSrEc￿ul pastoral minth Mth. all thildren, young people
and adults
. the safeguarding and wotection of all chiklren. young people and adults when they are
vulnerable
• the 88tabli$hing of safe, caring communths Ythich provide a loving environment where
there 18 infonned vlgilance as to the dangers of afxffje.
• We will carefully Select and traln all th08e with ary re8powlilty within the Church. in line
with Safer Recruitment principles, induding the use of criminal rewds di8do8ures and
registration wrth the relevant vetting arKI barrirKJ schemes.
• We will respond without delay to avory o)mplaint mada which suggests that an adult, Child
or young person may have been harmed, coopwatiNJ with ts police and local authority in
any inve8tlgation.
. We will seek to work with anyone who has sullered abuse, developing with them an
appropriate ministry of infOnr￿d pastoral carn.
. We will Seek to challenge any abuse of p(r*er. especialty by anyone in a posrtion of trust.
. We will to offer pastoral care and support, inctudiThJ supervision and referral to the
prop8r authorities, to any momb8r of our church communty known to have offend8d again6t
chikl, yourKJ person or vulnerable aduli.
• In all these winGiple8 ￿ will follow leg181atlon. guldance and recognised good praGtlce
The Stafford8hlro Moorlanda Cirwit eommits ltseff to en8urlng the implementation of
Connaxional Safeguarding Policy,. govemment *islation, guidance and safe practice In the
circuit and in the churches.
The Staffordshire MoorlarKls CIr￿rt commrt8 it8eir to the provmion of support, advice and
training for lay and ordained people that will ensure people are dear and confident about
their roles and respons1kn.l￿.es in safeguariling aTrJ womoting welfare of children and
adums who may be vulnerablo.
Reserves Policy
The Reserves Policy for the Circuit is to hold a minimum sum equivalent to 12 month8,
average expenditure. This should be suffi(#enl to meet any urrforeseen Item of major
axpendlture on manses and l or to be able to contin￿. in th8 short temi, funding planned
adivitie$ in the event of any inabilrty to rai8e the fvll Cirojit A88e8sment from churches.
Rev Julie Hassall
Superintendent Minister

31 Awt2025. pag9110 trj 14.
of Ihe A¢ or
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Malson Da Co
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CharffRI IslarMI8
GY5 7QP
Marth ￿28

staffordshire Moorlands Methodist Cirojtt
1161815
Statemfrnt of Flnanclal A¢llvhlo8 ISOFA) for the year •ndod 31 August 2025
G•n•ral Fuhd
Tot•1
In￿rn9
l DOn•U0r￿ 8tsJ
114
4 Ayseumants on Cluych
5 Ca￿tal Re
Ino
17lOIO
138.711
Y Other L*wit8blè
8 Tot•1 In¢om•
Ex￿ndIt￿r0
9 1kn1s and dwatlo
10 and a￿0¢￿0 ei*ii
11 Property maintenance
12 ctsnnw0n￿ & mod•ltrp*l Iwy
t3 DL91rfci A8ao#ment & Levy
14 Depre￿8￿0￿
1•1,900
347069
131,0
171
4204
7.210
97
24071
10 Oth¢r (Kjtyolnos
17 Totsl £h•th•bkn•xp•nd¢w•
18 0&[n￿(￿S￿l on m¢￿818ry
18 CaIn8ll￿t￿j On ￿￿$tmen1 wop8r
20 N•t In¢ty￿•￿p￿xI1￿Tr)
21 Tr¥nifern
22 Otsr galnsllhxsesl
23 N•t mov•m•nt In ￿￿￿•
24Tctal lundsbroueht fornw4rd
1STot•l fvm¢s ￿rI1•￿ Ivnv•rd
44970
2S1.
129.229
8•,692
1J2.485
119•,7n
3,2
1.S21.276
1,S¥628
12•,22•
,7V

Staffoftlshire McA)dands Methodist Circuit
1161616
Statoment of Flnanclal A¢llvlllM (SOFA) for th• yoar end•d 31 Augu8t 2024
Income
1 Dow*)ns aThl
41.$91
17410•
t715.1)Q
S Capttal Roc•¥>
6 Gr8n￿ rEcdb*d
7 charttable
8 Totsl
Expondlturn
9 Grarts ¢Jon8tkn
10 Salades a$80¢*￿d (£di
11 Propety mokntonarKe
12 Connethnal 8$8essmrt & tr￿t *•y
13 DlJtrtlA58wsm8nl & L
14 Deprec
15 omc8 •xpw*•s
le Otharoulgolrva•
17 T*)l•l ¢￿￿1•b1••xp￿th1
18 G&lnÈlllo$8181 C￿ mnetary
It8J
1•0.7J56
4040
190,701
$2,62B
721
6,721
20 N•1 In¢orMl•xpnd#urnl
21 Tfan8fern IL
22 Olher
23 N•t mov•m•ni In fun
24Total funds brought f¢rwar
25 Toi•l forward
.114SJI
44,7J4
29Q2J1
298,231
1.J37,STI
1M1.275
fj•t.6
1.936,271
2.1•9,Tl3

Staffordshire Moorlands Methodist Circuit
1161615
Balance Sheet as at 31 August 2025
G￿•141 Fund C11￿1t Endovmient Totsl* 2025
IUnrestrlct¢d) TN•l8
Funds
IR••trfct•d)
Tolals
2024
Xotrs to the
Flxad A89•t8
Circuit M8nges & Equipxnent
Investment prop&lies
Investments
1M29.990
1M29,991
1,365,857
1A29,990
0 1,429,990
1,365,857
Currnnt A•••ts
Loan8 by the Circuit
Investmenlg Voith TMCP
Central Finance Board
D8pJ8its
Ca8h at Bank aThY In hand
631183
631183
808,555
341414
57,578
932,173
273,212
27,018
908.786
532.183
Curront Ilabllltle8
Creditors (due in undor 1 yearl
Grants payable
Total cunvnt Ilabllltl•s
29,907
34,332
29.907
902,266
34332
8T4453
$31183
Total assots ¢unvnt
Ilabilitlos
1,8M.073
531183
O 1332.256
1240,310
Long term Ilabllltles
Idue after more than one
year}
Grsnt8 payablè
Loans to Ihe Glrcult
40,537
Not assets
1,800.073
532,183
0 2,332.256
2,199,773
Funds of th• Clr¢uft
Gengral Fund IUnrFstrfcted)
Circuit Mtsjel Trust Fund
(Restricted)
Designated Funds (Unreslncted)
1Moo.on
1.IW,073
1,591,218
531185
532.183
608.555
1332,286
2,199,773
Endry*M•rt Funds
Total Funds
1.800.073
532.183
0 2,332,256 2,199,773
11

Staffordshire m(￿rIa￿d$ Methodtst Circult
Notes to the Ac¢ounts
l Basls of accountlng
The finandaE statements knve beert prepred under theClwltlesArt2011 fn accordance wlth the 2014 version of
Accountingand Reporting by a)aritles'. Ststement of Recommended Prartkce (SORP) applicable th d￿rItIe$preparIng
their accounts in ac￿¥d￿J￿ with FRS102- th¢ Charfiita SOiiP tFRS102) and t4knng note of the Update Bulletln l tssued
In 2016.
2 Funds
The funds held constttute.. Genernl Fund5 held forany puryoseof the Clrcultwhlch are Unrestritted. The Clrcuit Model
Trust Fund bas wldepurposes defthed In Standing Orders and is categortsed a5 restricted. The Endowment funds heldat
the srArt of the yearhavebtrn released durln8theyear to the General Fund Detalls ofeach rnatertal fund are dls¢lo$ed in
the final nots to theseaccount& Anyhjnds maybe represented by more than jurtcaslL
3 Accountlng polldes
Basls
These accounts have been prepared on thebasls dhJstDrl(xl costexeeptthat Investmentsareshown atthelr market
valueat the end oftheyear, on the accnwlsbasts t4 showa trnearhj Falrvlewofthe C5roJlVs Anandal p051tlon and
aCti￿tIes.
Incomlng Resour¢es
Incf)me Is Included In the StatÈrn¢ntof FlnaTrdal Aetfvlties (SOFA) whett the Clrrult btcomts ¢ntltled to the resources, and
the trustees are rea$onably ttrtaln they recelve the resou￿. alld the monetaryvaiue can be measured wlth
suffldenityllablllty.
Resources Expended
Thts Is recogntsed when a liabL1ity ts Incurred or a cons1￿c￿¥e obllga¥on arlses. that ￿SuIts In the payment beln8
unavoldable. uabl11￿e5 are recogntsedas soon &8an outtlowof economlc beneftt Is consldered more Ilkely than not
underthe Iwl orconstruthe obl*aUon commlttlll8thearoJftto payoutresource&
Grants
Grants made bythe Clrcultfrom Its fundsare recosnlsed ID atthe tlme of a8reementorwhen the ClrcuSt aeeepts
thatthere ts a legal oroperadonal obllgatlon to makethepaymen
VAT
Slnce the Clrcult is notVATTt¥fftrt8ll lnputVATisd￿ryd with the expeDse5 towhlch It refw
Tanglble fixed assets for use by the Clrcult
Tanglble fixed assets are capltallsed if thry can be used formore than oneyear.and cost atleast £500.
The freehold pry>perry ￿shoWn In th¢accounts at the insurance v8lut. No deprtciatton Is provlded on the bulldln8S
because the trustees conslder the current resldual fairv31ue of the manse build1Th￿ (on the assumption that they had
reached the end of Its usefijl economfic Ilfe bytheyear-end) to be not les5 thafj its currentvalue. Anydepredation would
not be materiaL The PrrJ￿rtyhaS been reVIew￿ forlmpolrmenL
Investment Propertles
Investmentproperr5es. no property ts curntty deemedto notbe l￿d fortheloDgtern) purposes of the chartry.
Investments
Investments are wdlued Inthe balantt sheetatmaknvalue attheye4re￿ th%Estsnent Income ts induded In the
acts)unts when recelvable andaaygalty8 or10s5e50n TEwaluaiJoD atthe Yearellda￿ Shown In the SOF
Debtors and Prepaymeuts
There are no Ikbtors or P￿aYmeftts
Credltors
Creditors relate to the IDdepet)dent Eyaminthnfee5and sundryexpeL
12

Staffordshtre Moorlands Methodtst Circuit
4 Paymentto Trnstees
There We￿ no payments made to tr[￿￿eSftiraddItl0na} Servi￿ prnvldedts)theClnwltbyagreementwith the
Clrcult Meetin& this exdudesstipend&
Z024125
2023124
Number ofTrustees
Total amount
Expense payments prlmarlly relate to reimbursementfor trnvel and computlng costs
5 Fees for examlnatlon oraudlt of the a¢(ounts
2024/25
20231Z4
Independent examlnerfs or audltors, fee5 for rep)rtlng on the accounts
Other fees (eg.. advlce, accountancy servlces) pald to the Independent
examlner or audltor
750
750
500
500
6 Pald employees
Staff Costs pald dttrfng the yearwere:
Gross wages, salaries and benefits in klnd
Employerfs NatEonal Insurance costs
Pension costs
Total staff costs
2024/25
IOS 130
2023124
150,816
11.218
14.737
131085
12,778
190.756
Average number of full.tlme equlvaleDtemployees ID th• y
7 Capltal Commltments and Conlln8eDt Llabllltles
Atthe 31stAugiist 2025 there are no (apltai commltmen
No Contin8ent1Sabilities were idenufied at 31stAu8USt 2025.
8 For Infornmlon only. Money rE￿1Ve￿ and passed on to External O
nlsatlons
2024
25
2023
24
Balance bronghtforvmrd frnm laqtyeaT
350
loo
Offerin8s/Gits. received for External Organlsouons
250
OfferingslGifts- passed to External Organisations
350
Balauce carried forw?rd
350
13

Staffordshire Moorlands Methodtst Clrcult
9 Tanglble Fixed Assets
fittings
land M￿Se% bulldlop equlpment
Total
Balance brought forward
1365,819
1,365,819
Additionsl{Dlsposals)
Revaluatlons (+l-)
64200
64.200
Balance carrled fonyard
Ih30,019
1,430.019
10 Investment assets
The drLvlt has no Investment propertles
The clrcult has no common Investment fund I￿ldIng5
Loans
The Clrcultcurrently no outstandlD8 repaymentsas at 3118125 following the refund
of£40,537 to Wellspring Tean Methodist Church
14