# ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||Unrestricted|Unrestricted|Funds||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||Notes|General|Circuit|Designated||Restricted|Totals|Totals| ||||||tothe|Funds|Model|Funds||Funds|this vear|last year| ||||||accounts||Trust||||2023|2022| |||||||||||||(as restated)| |||||||||||||E| |Income||||||||||||| |Donations
and legacies||||||1,968|||||1,968|| |Assessments
on churches||||||300,009|||||300,009|310,452| |From Monetary
investments||||||||||||| |From Investment
properties||Rent income||||||||||| |Capital receipts|||||||171,888||||171,888|| |Grants received||||||||||||| |Investments||||||6,144|6,701|||370|13,215|1,076| |Other||||||25,344|||||25,344|32,236| |Total income||||||333,465|178,589||0|370|512,424|343,764| |Expenditure
on:||||||||||||| |Ministerial
stipends,
NIC &pension|||||11|180,730|||||180,730|163,351| |Layworker salaries,
NIC &|pension||||11|27/606|||||27,606|49,205| |District Assessment||||||53,376|||||53,376|54,672| |Methodist
Church
Fund||||||||||||| |Circuit Events|||||12|||||||| |Telephone,
travel &administration||||||6,505|||||6,505|4,970| |Manse insurance,
council tax||&|water|||12,976|||||12,976|14,832| |Maintenance
on manse property||||||6,727|||||6,727|6,790| |Expenditure
on other circuit||property||||6,818|||||6,818|7,440| |Depreciation||||||||||||| |Ourtreach
and mission|||||13|( 16,229)|||||(16,229)|5,000| |Other Expenditure|||||14|( 1,341)|180||||(1,161)|6,954| |Grants and donations|||||15|1,730|||||1,730|33,024| |District Advance
Fund levy|||||||1,575||||1,575|1,613| |Total expenditure||||||278,898|1,755||0|0|280,653|347,851| |Net income before investment|||gains/(losses)|||54,567|176,834||0|370|231,771|(4,087)| |Net Gains/(Losses)
on Monetary||||Investments|17|||||||| |Net Gains/(Losses)
on property|||revaluation|||||||||| |Net Gains/(Losses)
on property|||disposals||16|||||||| |Net incoming/(outgoing)|before|||transfers||5' 567|176,834|||370|231,771|(4,087)| |Transfers
between
funds|||||23|( 12,347)||||12,347||| |Reclassification
offunds -|sale proceeds||||24|||||||| |Reclassification
offunds -|loan repaid||||24|||||||| |Net movement
in funds||||||42,220|176,834||0|12,717|231p771|(4,087)| |Total funds brought forward||||||2,025,998|63,006||0|41,376|2,130,380|2,124,467| |Prior year adjustment|||||25|||||||10,000| |Total funds carried forward||||||2,068,218|239,840||0|54,093|2,362,151|2,130,380| ## ## ## ## ## ## ## |||South Worcester|s|hire
Method|ist|Qrcuit (0|5/16|)||| |---|---|---|---|---|---|---|---|---|---|---| ||||||||||This year|Last year| ||||||||||2023|2022| ||||||E||E|E|E|E| |||||Unrestricted||Circuit Model||||| |||||Designated||Trust Fund||Restricted|Total|Total| |4.Donations
and legacies received||||||||||| |Donations:||||||||||| |Sundry donations||||1,968|||||1,968|| |Total||||1,968|||||1,968|| |S.Charitable
activities - other||||||||||| |Assessments
on churches||||300,009|||||300,009|310,452| |6.Investment
Income/Expenditure||||||||||| |Interest and dividends||||6,144||6,701||370|13,215|1,076| |Rental income||||||||||| |Total Income||||6,144||6,701||370|13,215|1,076| |Expenditure||||||||||| |Agency fees||||||||||| |Property maintenance||||||||||| |Property insurance||||||||||| |Total Expenditure||||||||||| |Net Gain on Investment||||6,144||6,701||370|13,215|1,076| |7.Capital Receipts||||||||||| |Sale of Norton Methodist||Church||||246,480|||246,480|| |Connexional
Priority Fund||Levy||||(74,592)|||(74,592)|| |Selling Agents fees||||||||||| |Legal fees||||||||||| |Total||||||171,888|||171,888|| |8.Other income||||||||||| |Contributions
towards|lay employees|||7,178|||||7 178|20572| |Transfer ofreserves from||closed churches||18,166|||||18,166|11,664| |Total (Grants plus Other)||||25,344|||||25,344|32,236| |9. Payment toTrustees||||||||||| |(A) Payments
made to|trustees for additional||services provided tothe Circuit|||||by agreement||| |with the Circuit Meeting|||||||||nil|nil| |(8) Number oftrustees
The expenses
primarily
Total amount
paid|who were paid expenses
relate to reimbursement
for travel,||||postage and||printing costs||5
3,898|5
4,031| |10.Feesfor examination
or|audit ofthe accounts|||||||||| |Independent
examiner's||fees|||||||1,260|nil| |Other accountancy fees|||||||||2,280|nil| |||South Worcestershire|South Worcestershire|Methodist|Circuit (05/16)||This year|Last year| |---|---|---|---|---|---|---|---|---| ||||||||2023|2022| ||||||||E|E| |11.Ministerial|staff costs||||||130,726|123,105| |Gross stipends
and benefits in||kind|||||36,817|31,260| |Employer's|pension costs||||||13,187|8,986| |Employer's|national
insurance|costs||||Total costs|180,730|163,351| ||||||||5.0|3.0| ## ## |Layworker employees costs
Gross wages, salaries|||27,242|47,244| |---|---|---|---|---| |Employer's
pension costs
Employer's
national
insurance
costs||Total costs|364
27,606|1,961
49,205| |Average number oflay workers
employed|||3.0|4.0| |12 Circuit events||||| |Other events and costs||||| |||Total costs||| |13Outreach
and mission
Outreach
and mission -writeback ofprovision||Total costs|(16,229)
(16,229)|5,000
5,000| |14 Other Expenditure|||1,898|1,830| |Ministers expenses|||850|838| |Apprenticeship
levy
Training
Removal costs and allowances for incoming staff
Other
Accountancy
and Independent
Examiners fees|||( 2,070)
(5,600)
( 439)
3,540
480|125
2,199
1,231
547| |Payroll charge
Trustees for Methodist
Church Purposes Admin charge||Total costs|180
( 1,161)|184
6,954| |15 Grants and donations
paid||||| |Payments
made from Restricted funds
Paid to individual
churches from Trustees for Methodist
Paid to individual
churches from General funds|Church Purposes funds|Total costs|1,730
1,730|33,024
33,024| |South W
16 Tangible Fixed Assets|orcestershire
Methodis| |---|---| |The Circuit owns five manses
in active use:|Deemed values| ||E| |39Barnes Way, Worcester, WR5 3AP|359,000| |29Waterside,
Evesham, WR111BU|359,000| |14Corbett Street, Droitwich
WR9 7BQ|435,000| |39Victoria Park Road, Malvern, WR14 2JX|390,000| |210Malvern
Road, Worcester, WR2 4LL|370,000| ||1,913,000| |Property
Disposals||||| |---|---|---|---|---| |Details|Carrying|Sale|Revaluation|Gain/(Loss)| |None||||| |||Other Land|Manses|Total| |||f|E|E| |Cost or valuation||||| |Balance brought forward|||1,913,000|1,913,000| |Additions||||| |Revaluations||||| |Disposals||||| |Transfers between categories||||| |Balance carried forward|||1,913,000|1,913,000| |Accumulated
de reciation||||| |Basis (SLor RB)**||N/A|N/A|| |Rate||||| |Balance brought forward||||| |Charge for year||||| |Revaluations||||| |Less: Disposals||||| |Transfers between categories||||| |Balance carried forward||||| |Net book value||||| |Broughtforward|||1,913,000|1,913,000| |Carried forward|||1,913,000|1,913,000| ## |Analysis ofinvestment|movements||||This year|last year| |---|---|---|---|---|---|---| ||||||2023|2022| |Investments
listed on a|recognised|Stock Exchange||||| |Investments
held in common
investment|||funds|||| |Securities not listed on|a recognised|Stock Exchange||||| |Other investments|||||105|105| |||||Total|105|105| |Change
in investment
values||||||| |Carrying (market} value|at beginning|ofyear|||105|105| |Additions to investments|at cost|||||| |Less disposais at carrying value||||||| |Net gain/(loss)
on revaluation||||||| |Carrying {market) value|at end of year||||105|105| ||||||||This|year|Last year|Last year| |---|---|---|---|---|---|---|---|---|---|---| |||||||||2023||2022| ||||||||||(as restated)|| ||||||||E||f|| |18.Oebtors and prepayments||||||||||| |Prepaid stipends|||||||14,644|||2,360| |Accrued income||||||||2,807||| |Loan due from Droitwich|Methodist
Church|||||||8,000||10,000| |Other debtors and prepayments||||||||1,000||5,019| |Total debtors and prepayments|||||||26,451|||17,379| |19.Analysis ofcash at bank||||||||||| |Bank balance held in CAF|Bank||||||18,349|||6,809| |Bank balance held in Central||Finance Board|||||169,446||177,950|| |Bank balance held in TMCP|||||||238,840|||63,006| |Total Cash and Bank|||||||426,635||247,765|| |20.Analysis ofcurrent liabilities and long term|||creditors|||||||| |Accrued expenses||||||||4,040||47,869| |Total Current Liabilities||||||||4,040||47,869| |21.Movement
on Loans||||||||||| |||||Amount|New|Loan|Repaid
in||Balance at|| |Source|Purpose ofloan|||b/fwd|borrowings|interest|the year||year|end| |||||f|f|f|f|||| |None||||||||||| |Repayment
due||||||||||Totals| |Within 12months||31/08/2024||||||||nil| |Between 1and 5years||31/08/2025|31/08/2026|31/08/2027||31/08/2028||||nil| ## |Name ofrelated party|Name ofrelated party|Name ofrelated party|Name ofrelated party|Relationship|Income from|Payments to|Loans|from|Loans to|Amounts| |---|---|---|---|---|---|---|---|---|---|---| ||||||related party|related party|related|party|related party|owed by/to| ||||||in the year|in the year|in the|year|in the year|related party| ||||||f|f||||at year end| |~This
aar||||||||||| |Circuit Methodist
Churches|||||300,009|||||| |Birmingham|District|of|the Methodist|Church||53,376||||| |Methodist|Property|Fund||||||||| |Methodist|Connexional||Grants Team|||||||| |Total|||||300,009|53,376||||| |~Last sar||||||||||| |Circuit Methodist
Churches|||||310,452|||||| |Birmingham|District|of|the Methodist|Church||54,672||||| |Methodist|Property|Fund||||||||| |Methodist|Connexional||Grants Team|||||||| |Total|||||310,452|54,672||||| ## ## ## ## ## ## ## |Name|Appointed|Name|Appointed| |---|---|---|---| |Rev N JCoke-Woods|01/09/2017|P RWetherall|01/09/2015| |Rev P Salter|06/06/2023|D M Cooksey|01/09/2015| |H Lewis|06/06/2023|Deacon A BMartin|01/09/2015| |A D Martin|07/03/2023|R Foot|01/09/2015| |H A V Lewis|07/03/2023|M Austin|01/09/2015| |J P Gogarty|07/03/2023|RLewin-Jones|01/09/2015| |R H Barley|01/11/2022|H W Watton|01/09/2015| |N W SOwen|01/11/2022|H M Lawrance|01/09/2015| |A Thomas|01/09/2022|G C Cox|01/09/2015| |Deacon C Brown|01/09/2022|T Higginson|01/09/2015| |Rev S DT Froggatt|01/09/2022|D A Lawrance|01/09/2015| |P C Hawkeswood|01/09/2022|M D L Davis|01/09/2015| |C Proctor|08/03/2022|N J Stephens|01/09/201 5| |M Saunders|14/09/2021|P M Grimwood|01/09/2015| |Rev CJ Collins|01/09/2021|J R Merriman|01/09/2015| |A V McWhirter|09/03/2021||| |KA Evans|23/02/2021||| |G Drain|13/10/2020||| |S Drain|13/10/2020||| |C Merriman|01/09/2020||| |R Ingles|17/09/2019||| |EA Yelland|17/09/2019||| |RA Kane|17/09/2019||| |C G Hollies|17/09/2019||| |D A Haslam|17/09/2019||| |JW De Torre|17/09/2019||| |D Capel|17/09/2019||| |P Lander|17/09/2019||| |A C Capel|17/09/2019||| |P Gwilliam|17/09/2019||| |V Day|26/02/2019||| |Rev KJ Pickering|01/09/2018||| |J P Curtis|19/06/2018||| |SA Watkins|22/03/2018||| |Rev GJ Molver|01/09/2017||| |A Phillips|07/09/2016||| |M Wetherall|09/03/2016||| |H VAshford|15/09/2015||| |J BEvans|15/09/2015||| |A V Rich|01/09/2015||| |CJ Davis|01/09/2015||| |T Libby|01/09/2015||| |CJ Parker|01/09/2015|||