Clreult Accruals Accounts THE METHODIST CHURCH REPORT AND ACCOUNTS (ACCRUALS BASIS) for the year ended 31 August 2025 South Worcestershire Methodist Circuit (05116) Registered Charity Number 1164581
Soulh Worcestershlre Metha(05/I6j TRUSTEES ANNUAL REPORT FOR THE YEAR ENDEDAUGUST 2025 PaRe I Introdu¢tk)n South wOrstershIre Methodlst Circuit 15 a Small butvibrdnttircultwith thurthes based around the dty of Worcester and the town5 of Droitwich. Evesham and malv). It contalns both rural and urban areas and all in between. Alms and OT¥anlsatkon Methodists In South Worcestershlre, mlndful of'our call5, and the Prioriti of the Methodist Chuh, we seek to serve, enable. Inspire afid challenge our member thurches to engage In God's misslon in a thanging w(M4d by: ' Pmwding opportuniJes to grow tO8ether as Spirit4ed, grace-filled,Jesus-centerÈd people of God. AssSsfjng our ¢hurthes In intreaslng awareness of God's presence and sharing the love of God In our communitiÈs. ' Helpln8 our churches to work lorjusti and Pea forall people. a))d care forthe environment ReW ofthe year South Worcestershlre Methodist arcukthas fuffilkd its objectNe5 durlrq the lastyear bysupportlng the thurthes wlthln the Clrcuit provlding Christian mini5tryln their l(xzl cOrnmUne The churchestonunue to work hard to respond to local need5, ahhou8h they fate varlous challenges pertalning tochanglngexpectat5ons and abS11es. and conilnued adaptsons followtn8 the pandemlc. Congregations consist of memberswho are able toattend worship phy51c8lly, and those who worship onllne from home; several churche5 have Èmbraced this hrid approath by inve5tinB In resources and tralnlng to enable this. Several churches also offer a vadetyof worshlp cwortunltteg In fomiatswhlth dlffer from a traditional Sundayservl¢e. Rerend Elizabeth Harris was stationed to the Or0Ja%supèrintÉndÈnt Mlntster In Septsmber 2024. alongside the two Presbyters and Deacon In the Clrcult MlnlstyTeam. supported by supernumerary minlster& The team exerceS pastoral Overht of the 8 Methodlsi thurthes land 2 loca1 ecumenical partnerships) that make up thè artult. The 2 Presbyters are slthng down (retiring frorn ministry) inAugust 2025. and &% a LSrtultwÈ are In the statlonlng pro$5 to fill those vancle$ from september 2025. Some churthes continue to find iidlfficultto meetthelr flnancial commitments Fdl(bWI a review of the clrcultassessments, the arcult Meetln8 in Marth 2024 agreed to malntainthe asse55mentsfor the 2024125 year atthe same level as the prevlous year. The Orcuit provldes support and leadershlp ILKal thurthes In the fom of Local Preachers and Clrcultstewards. There arè also many other office holders who supm the thurthes wtth hdp and adNice on property, finance, worship and work wlth young people and famllles. r churches have supported various IcKal and woddwide charitable caw5es. and several thurthes have bulldln8s vA)Ich are used bythelr local communibes for a variety of use5 and events. We ConnUe to encoura8evarfed work across the Qrcui¢ supporttn8 a part-tlme Family w0er at Droltwlch and a part-tlme Pastoral Worker In Malvem. Income and èxpendlturetrends cIrcu income mainty arises from the a5se5srnent paid by eath of the GroJttchurches, whlch In turn is raised from local thurch giving and fundralsln& Stlpend expenditu in(ased In Ilne with the I$ approved by Methodist Conference. Lay salaries havè also been Increased in Ilne with the higher leve5 of stipends. The fjrculV5 CQlltribution to the tlstrtct and Connexlon amounted to 16% ofexpenditure117% in 20231241. of whith a$ignffi¢ant part Is used to fund the work of the wlder Methodlst Church. Fund balances at 31 August 2025 the net cuent assets of the Qrwltwere £880,502. pro1no¥eroe yearfs coverfor clrojlt expendIre. Plan5 for 2025126 Our rnew Supednlendent mlnlster. Arend lizabeth Harris. was stationed to the Qr¢uit and began work in September 2024; she was Warni welcomed at a arcuTt Service In September 2024. and 15 sething in wetl.Two of the Clrcuit presbyters, Rev Katherlne Pickerlng & Rèv Nlgel Coke-woods, sat down Iretiredl In August 2025. The arojlt has entered the 2025126 Stationlng process and WLS suttessful wth one full time presbyterlRev Patrfda Mukorombindol startins in September 2025. The arcuit will a4aln enter the stadonlnR Drocess to flll the rernalnlnq Dresbvter mle. Oespite varlous challenges, ar1t life contlnue5. and plans for Outr@ath and Misslon are bÈift8 rÈvlslted and developed- Ihls Is in the form of a Clrcult Mission Action Plan which the Circuit iEader5hipTeam arèworklng 0 on behalf of hte Clrcult Meetin& The lJrcult 15 continuing tr> develop mlwonal strategie5 to supwt the wod¢ ofthe CJrcult and churches in p051twe ways, as we enable and support the Ongoi gLKJd workof ourc0relatl0nS and local communltie5.
South Woycestethre Method15t ljrtuit (05116) Tru$tee'$ Annual Report on FInan and Governance Page 2 Basis of preparatlon and legal framtrwork The Charitls annual report and accounts for the year ended 31 August 2025 have been prepared In accordance with the Charltles Act 2011 and the Charltles: Statement of Recommended Practlce 2019 as applicable to the Flnandal Reportlng Standard IFRS} 102. Full Name of Charty: Scmrth Worwter5hire Methodlst Clrojlt Re8lstratlon Charlty Number. 1164581 Date of Regtstration: 26 November 2015 Maln communication address: The Llrcuit OffKe, Amphlett House. 114 Worce51er Road. Droltwich, WR9 8AW The members of the South Worcestershire Methodist Clrcuit meetingare the Charlty Trustw, membership comprlslng of drcurt office holders, mlnlsters and representatives appointed by the local thurches. Full membershlp Is shown as Appendlx A to this reporL arcult Mlnlsters and Officers Actlve Circult Minlsters Deacon Corlnne Brown Rev NIRel Coke-woods Ileft AuRust 20251 Rev Elizabeth Harrls Rev Patrlcla Mukorimbindo lioined Sept 2025) Rev Katherine PerIn% Ileft AuRUSt 20251 Clrcult LaYwoeTs Miss Anne Rich Mrs Sarah lessoD Mr Joel Wilson Clrcultstewards Mrs Heather Lewi5 Mr David Mather Mrs Chrlstlne Parker Mrs MarRarÈt Saunders Mrs Sheila Wearv Admlnlstmtor Ms Vanessa Hearn (to November 2025) Mrs Janet Staley (from November 2025) Treasurer Mr TIM Hlgglnson IndependentEKaminer James Cruse FC4. FCCA- JW Hlnks LLP, 19 H¥hfield Rod. Edgbaston. Blmilngham. B15 3BH Bankers Central Flnance Board of the Methodlst Church- 9 Bonhill StreeL London. EC2A 4PE CAF Bank Ltd- 25 Klngs Hlll Avenue. Klngs Hlll. West Mallin& Kent, ME19 4JQ InvestmentBonkers The Trustees for Methodlst Church PurpLW- Central Bulldlw, Oldham StreeL Manthester, Ml LIQ
South Worcestershlre Melhodist arcult1051161 Pa8e 3 Alms and organ15atlon The charity objective is to art as a Resource provider within the afea around Wo¥cester, Evesham, Mafvern and Droitwich for the Methodlst Church. The purposes of the Methodist Church are and shall be deemed to have been slnce the éte of Union. the advancement of.. al The Christlan faith in accordan with the doctrinal standard5 and discipline of the Methodlst Church,, bl Any charrtable purpose forthe time being of anyconnexional. District. Grcuit, local or other organisation of the Methodist Church; cl Any charitsble purpose forthe time being of any soctety or institution 5ub5idiary or antlllaryto The Methodistchurch; dl Any purpose for the tlme belng of any charity being a charity 5ub5idiary or andllary tr* The Methodist Church. Including, but not exclusNely: The organlsatlon and resourcing of regukir public acts of worship open to members of the church and non members alike. The teaching of Christianity through sermons. courses and 5rnall group> The re50ur¢ing of pastoral work Induding visiting the sKk and bereaved. Taking religious a55emblies in local schools. Promotlon of Christianitythrough the stsglng of events and seryKes. Provision of chaplaincy servtces to the local university and other institutions. Public Benefft We confirni the trustees have had regard to the Charity Commlsslon's guidance on public benefit. Siructure. GoYeTnance and Management The governing document for the circult is the Deed of Union11932} and Methodist Church Act119761. Detailed governance arrangements are outlined within the Constitutional Practice and Discipline of the Methodist Church by order of the annual conference ICPDI. Day to day management of the circuit is undertaken bythe arcuit Leadership Team, along with the L1 Preachers meetin& the arcutt Finance and Property Commtiles and the Qrcuit Meetin& TrusteeTralnlng A range Df guidance 15 produced by Methodist Connexion to support the effective running of the clrcult, specifically the leaflet'The Role of a Trustee in the Methodist Church, is gren to all new Circuit meeting members as induction to thelr role as trustees. Related Partles The Clrcuit is part of ihe Blrmlngham Dlstrlct and is accountsbEe to the Methodist cOnfence. The following Methodist Churches are linked tD the arcuit.. St. Andrews Worcester, Droitwich, Bromyard Road, Ombersley Road. Lansdowne cScent Somers Park Avenue. Upper Welland and Evesham. Rlsk Management There is a regular annual re%Aew process undertaken and recorded. Incorne and Expenditure Is being monfcored in total and is LX)mpared regvlaftywlth the approved annual budget to detecl trends as part of the rlsk management process to avold unforeseen calls on reserves.
South Worcestershlre Methodlst Clrcutt {05116) Page 4 Safe8uordln8 Every person ha5 t7 volue and dignity which comes directtyfrom the creution of male andfemule in God's own image ndlikeness. ChrtIanSSee this potentiolasfumllledby God's reatiOn of us in Chnst. Among other thlngs thi5 Implles o duty to value ullpeople as bearing the iffloge of Godand therefvre to protect themfmm harm. Methodist Connexional pracdce outlines commitment to the following principles- ' The care and nurture of, and respectful pastoral ministrywith, all thildren, young people and adults. ¥ The safegaurding and protection of all chlldren. young people and adults when they are vulnerable. The establishing of safe, caring communities wht¢h provide a loving environment wherethere 15 informed vigilance as to the dangers of abuse, * We wlll carefully select and train all thosewith any re5p0nslbl1 wtthln the Church. in line wlth Safer Recruftment prlnclples, Including the use of criminal records disclosures and regtstration with the relevant vetting and barrlng schemes. * We will respond without delay to every complaint made whtch suggeststhat an adult, chlld or young person may have been harmed, cooperating with the police and local authority in any investigatlon. * We will seek to work wrth anyone who has suffered abuse. developing with them an appropriate mlntstry of Informed pastoral care. We will seek to challenge any abuse of power, especlally by anyone in a position of trust. We will seek to offer pastoral care and support. including supervision and referral to the proper authorltles, to any member of our church communlty known lo have offended against a thild young person or vulnerable adult. * In all these principles we wlll follow legislation, gumlance and recognise(I good practi. The South Worcestershlre Circuit commits itseff to ensurlng the Implementation of Connexional SafegLtarding Pollcy; government legislatlon, guidance and safe Pfa¢ti¢e In the circuit and in the churches. The South WOrterShIre Circuit commlts itself to the provision of support, advice and training for lay and ordained people that will ensure people are clear and confwAent about their roles and responsibilities In safeguarding and promoting the welfare of children and adults who may be vulnerab. Reserves Pollcy The Re5eNe5 Poliry for the rCuit is to hokl a minimum surn eqUalent to 4 months, average expenditure. Th should be sufficent to meet any unforeseen eM of majorexpenditure on manses and l OT to be able to continue, in the short term, fundlng planned actlwties in the event of any inabiltyto ralse the full Circuit Assessment from churches. Restricted re5er¥es- the arnount shown in the 2024125 accounts of £59,509 is restrleted to the expenditure relating to an Evesham lay worker. During the year no lay worker was employed at Evesham so the balance has accumulated wtth interest.
wa%h1r& Methodstart{C61l6)
Page 5
strtnert oIFID•d¥IkUthIA] forthÈyended 31AW2025
Toi•l$
last vear
2024
tothe Fths
Funds
thlswr
ID¢ome
Donatlons and legade5
Assessments on churches
Fmm Monetsry inve5tmEnis
From Investment properUe5 Rerrt IrKorne
Capltal ceipts
Grants received
2529
297.3(6
2,529
297.306
291365
429.43È
Investments
oth
9.331
31774
L940 25308
37,222
32,774
369811
23,079
2D,351
771.633
Totallnc(ffle
Exdlure on:
Ministedèl stlpends, 141C & penort
Layw0er salades. NIC & pen¥Drb
Dlstrfct Assessment
Methodlstchurch Fund
arcult ETrMts
Telephone, travel & admlnlstr4Yon
Manse Insurance, counc15 tai &votw
Ma1ntenance on manse woperty
EN1$Ure on otherdrcultprDP
Depreciati¢)n
Ourtreach and mlsslon
Other ExpeNltswe
Grants and donatlor
Dlrtdct Adydnre Fund I
li
167.652
34239
59,832
167.652
34.239
YJ,832
177.967
29,737
56388
8,814
932
1&070
22
8,814
19,932
18.070
2.922
IL154
19,366
k7,263
5.291
9A72
4,895
707
9,442
14
5,2
11779
30.263
11779
)263
5,765 3L95S
Totsl empendlture
367.720
Net Irhcorne bef
Pa8e 6 Bal•tK• Sh•et as •t 31 AW 2025 Ger*ral fvnd5 C(lIMle1 Tfttst Fund Re5trkted fund5 Tota15 thls vear 2025 Totals last ¥eai 2024 lunds Tarylble Flxed Assets Land & Bulldlngs Equlpment Irhvestment propertle5 Investments 16 16 1?13,OC 1,913,1 16 17 112 112 108 1.913,112 1.913.112 1.913.108 Cyrrent Assets Debtors and Prepayments Cash at Bank In harnd Trustee5 for methl¥l Churth Purwse5 deposhs entral Flnance Board Deposlts Totvlrwrent tsssets 18 21.237 17.774 V70 23,107 77,283 179,645 73,789 19 59,509 19 19 513.763 513.763 294,787 908,940 520.176 114,806 888,416 294,787 333.798 515.633 59,509 Credktsrs arnlAecruals Idue kn under I yea Trade Credr5 and accruals Totaldue tn under Iw 20 28,438 28,438 28.438 28,438 10.021 10,021 Nrtwrrent assets11Sabllltlesl 305.360 2218Nll 515.633 SI53 59,509 S9,509 880,502 2,793,614 878,395 2,791,503 iognsand Credltor5 Idueafterl y8Brl Pr¢)vlslonsfor Ilabllw and charges 21 2,218.472 5L5.633 59,509 2,793,614 2,791,503 Funds of the cIrlt General funds rcult Model Trust fUd Designated Funds Restracted fund5 221&472 2.218.472 515,633 2N62,297 672,280 23 515,633 23 23 23 59.S(YJ 59.509 59,509 2,793,614 56,926 2,79L503 TotslFunds 2218rt72 515,633 Summary ofthe Irrtemal ornationS ¥epMlnE to the arc1J Meeiin& ThÈfunds ofan Internal (nOnWOU1d noTmalty be Restritted funds unle4 It Id be ¢karty shownthatty could be used forzny Methodbt WryK>Se. Internal Or an1t OoenlnR aoslng Totsl
South Worcestushlre Methodlst arcult105116) Page 7 Notes to the Accourt5 l BaS of accountlt)g The financial statements have been prepared In aco)rdance wlth the tharitie5Act 2011 and the tharftles: Ststement Recommended PracU¢e IsoRP} appllcable to charltie5 preparing their a¢¢ounts In accordance with Finandal Reporting standard IFRSI MI2. 2 Funds The fund5 held wnstltute: General Funds hdd for any purpose of the QroJiL whith are Unrestrlcted. The arcurt Model Trust Fund has wlde purposes defined in Standing Order5 and is categorised as unstrIcted. Restrlcted Fund5 are held for a narrower purpose. Details of each materlal fund are dlsdosed In Note 23 of these accounts. Any funds may be represented by more than Just Cash. 3 Acwuntlng polldes Ba51s These accounts have been prepared on the basls of histDrical cost lexcept that In¥e5tments are shown at thelr market value at the end of the year). on the accruats basts to show a true and fair of the cIrlt,$nanClal position and activ1e$. In¢omlng Resources Income is induded In the Staternent of Financial Adlvltle$1SOFAI when theurcuit becomesentitl to the resour$, and the Trustees are reasonablè certaln wlll recenfft the resour.. and the monetary value can be measured wlth sufficient reliability. Resources Expend¢d Thls Is recognised when a Ilabillty is Incurred. or a constructlve olllgation arises. that resu$ in the payrftent bplng unavoidable. Liabllwties are recogniged assoon as an outhow of economic benefrt is ¢oftsldered more Ilkely than not under the legal oi constructive obllgatlon committlng the arcuit to pay out resour. Grants Grants made by the Circuit frorn its own funds are recognised In full at the time of agreement or when the Clr¢ull aCpt$ that there Is a legal or operatlonal obllgation to make the payment. When ihe Krnnt Is reLrrent o¥eT more than one year the balance payable in future year5 is treatetl as a prO$10n for future commltments in the Balance Sheet agalnst the approprfate fund, the prO$10n belng rdèased lft future years a5 instalments are pald in accordan wlth the originally aBreed temis. VAT Since the arcult Is not VAT rStered, all input VAT ts thar8ed wlth the expens to whl(h It refers. TanElble Ilxed assets for use by the Ckcult These are capitallsed if they can be used for MO than oneyear, and indidual cost at least £l.000. The freehold property is shown In the accounts at deemed values. No depreciation 15 prt>vide(l on the bulldlngs because the trusiees consSder the ¢urrent fe51dual fairvalue of the manse buildlngs to be not less than thelr ajrrent value. Any depreciation would not be materlal. The properties have been revlth¥ed for Impalmwit. Investment Propertles The Clrcuit dld not hold any Investment propertle5 durfn8 the year. In¥•stments Investments are valued Ir) the balance sheetat market value at the yearend. IrNesiment income Is Induded in the accounts when te1Vable and any gains or losses on Tewdluation at the year end are shown In theSOFA. Debtors and Prepayments Debtors Include the payment of the September 5tlpend in AugusL and othw prepayments. Cfedltors Credltors Indude accrued exper¢se5 arKI trade (Teditors. u5 the plon of the tay worker grant for 2025-26 salarles
PèJ& 8 INS Last Trar 2025 2014 De8d Tnist Fwd Totsl 4. Don•tTon58nd leyclesT•thed SundrydonaonS TDtal 29 2529 29 519 S. Ch•rf14bl¢ J¢¢lvltles-d*r As5es5menls w thurthe¥ 297X 297 Capttsl Recelpts Sale of Sroa(kvay Method4 Cknurth C¢nneNJornal Prloty Fufvj Le Share o+pr(rfE2dsfrom rrtathse SÈllln8 A8eMs fees Le801 fee5 Total 425lJ38 IsoAIs 429.438 7. IntomelEXWdr& Interest4nd thdends Totsl It)come Exture AgerKyfees Property rnalntgO Property Insurance Total Expendltwe 9331 9331 25X 253 37,222 37222 23.079 23,a79 NetGaln on hwestmwt 9.331 37.222 2379 & otherlnrarne Canti)bon$ towards lay employees Rental Income from do5 thutche5 Dism£kA(fvan Fund rebate Prayer handbwks MethDdist Pertslon kheme refvnd Otherlncome Tothl (Grants Plother) 14542 13 14542 IL787 4.533 3.612 419 357 357 LSA54 2LX) 32.774 32.774 20351 9. Paymentto TrustÈe8 IAI Paymenis madel0tr5tees foraddftion31 ser¥75 vllth the artuV( Meetl IBI Numberoftrustees wh) were paid extwses The e¥peMes Prfr rdateto rpltnbw5emErtfur tr. alniin8lYS TOtsI amount pald 3.178 10. Fetsfor examlnattonwwdll ofthear<wnts Indendent£STreIs feÈs
Page 9 South Worce5tershlA Mèthodlst CIrltI051l6) ThISar Z025 Last year 2024 11. Mlnlsterlal staff costs Gro 5tipend5 and beneffts In klnd Employer's pen51on costs Employerf5 national insurance costs 129,0 24,816 13.826 167.652 130,975 34,796 12,196 177,967 Total costs Average number of fvlktlrne mlnlsterlal stsff emp Penslons M05t ordalneil presbyters and deao)n5 are membas of the Method15t Mlnisters, Penslon Scheme IMMPSI. This is a defined benefft penslon scheme. The Supreme Court hdd in 2014 that the Methodist mlnisteTS Iwhlch term Includes presbyters and deacons) are not employees of the church. For slm l¢trty, however, when deallng with National Insurance Contributions and penslon contrfbutions, the tem15'employer' and'emplo¥ee' are used as they would be in an employing body. The Connexion accounts for the MMPS and shows the figures in the annual Methodlst Church in Great Britsln account The MMPS Is In defi¢lt but a nlan for removal of the deficit ha5 been DfoD05ed and is beinR Imlemented. Details of the deflcft on this scheme can be found rn the Annual Report and Accounts ofthe Methodist Church at www.methodlsLor8.uk. Layrnrker empl¢)yees costs Gross waRes. salarles Employevs penslon costs Employerfs national insurance costs 32,657 29,225 1,582 34,239 512 29.737 Totsl costs Avera8e nurnber of layworkers employed 12 Clr¢vlt Lwents Other events and p)sts Total costs 13 Outreath and mlsslon Outreach and misslon 7,944 7,944 9N72 9,472 Total costs 14 other Expendllu Mlnlsters expenses Ilncluded In Outreach and Mission) Apprenti¢eshlp levy Training Removal costs and allowan forlncoming staff Other Accountancy and Independent Examlners fees Payroll charge Trnstees for Methodlst Church Purpose5 Admin charge 792 605 814 lJ24 60 1,536 1.644 1.692 5.273 681 4,895 Total costs 15 Grant$ donatlons pald Payment5 made from Restrlcted fvnds Mlnlsters leaving glfts Donatlon towards501ar pands at Droitwth Methodistchurth other donations 2.779 lo,0 307 707 Total costs 12,779
Page 10 South Wortesterthlre Methodlst Cwlt (051161 16 Tanglble Ftxed Assets The Circuit owns five manses.. Deemed values 39 Barnes Way worter, WR5 3AP 29 Waterslde, Evesham, WRII IBU 14 Corbett street, DrO11¢h WR9 7BQ 39 Victorla Park Road. Malvern, WR14 21X 210 Mafvèrn Road, Worcester. WR2 4LL 359,((1) 359,1 435.( 370,or 1,913,LDJ Durlng the year, the Circuit did not own any propertles cla5yfied as Inent properties. Property Dlsposas Detalls None Caving Sale Revaluatknn GalnllLoss1 other Land Man%es Total Cost or v atlon Balance broUt forward Addltlons Revaluatlons Dlsposals Transfers between categorfe5 Balan carrled forward L913.rAki I.913.0) 1.913.(MKI L913.1 Accumulated d reclatlon Basls ISL or RBI ** Rate Balall brou8ht fOard Charge for yèar Revaluatlons Less.. Dlsposals Transfers between categortes Balance Carrled forward NIA WA Net book value Brought forward Carrled forward L913.(KJ) 1.913.rJ)) 1.913.(K(1 1.913,rAMJ ' Indicates the methodof depredotlon {SL- strowhtline. RB-reducing buluncej. flndthe mte oAdepreuL7ton. Straight Line Is based on the anttclpated IKe of the osset. ondReducing Bolonce Is based on o percentage deductlon mode euch yeor.
Page 11 Soulh Worce5tershlrè MÈthodlst ar(t (05116) 17 Inveslmènts The funds that wpport the arcult Model Trust Furtd a held byTMCP in Trustee5 Interest Fun(L% on whlch Interest is ue(Ilted monthly. These are regarded as medium and long4emi investments. TMCP Is the legal owner ar Cust(KMan Trustee of all Methodi5tTrust PToperty, indudlnglegacle5, Endowments, and Accumulated Funds. Trust propertv 15 held forand on behalf of local marIng Trustees who are responsible for the day to day management oftrust propty. IMCP ensure that. by providing guldance and acting urtder their direction. the Manawng twstees compty wlth drItY law and Methodlst law and policy as determlned by Methodist Conferen. Analysls of Investment movements Tl45 year 2025 Last year 2024 Irwestments Ilsled on a recognd Stod( Exthange Investments held in common Investment funds Securities not1I5ted on a recognlsed Stock Exdnge Other investments 108 Total Change In IrNe5tmwrt lueS Carrylng Imarketl Yalue ot beglnnlng of year AdditIonsnter to Investments at cost 108 105 Less dlsposa15 at orrylng value Net Eainlllossl on rwdluatlon Carrylng Imarketl value at end of year 112
Thls year 2025 2024 IB. i)ebtorsand pr¢paym¢hts Prepald penrts Accnjed Irne 10?12 13,711 70 Manse £oun¢ll tax Instsimerntsth 6PS3 777 Insurance refund Share of pr(K2edsfrom M¢kletM mar Logn dwe from DrO1h Methdlstchutth 150,415 Otherdebtor5 and prepayThents Totsl deb¢ors and prnyym•nts 23.107 179.645 Analwsof ¢a5h Itbank Bankbalènce held ITr CAF Blnk 17.774 16,863 Bank balènce held ln Central NnarKe Board 354296 17L732 520,176 70&77J Bank b31ènce he In TMCP Toral Cash and Bank 513,7 8,8>3 20. AMlyof CUwr•rtlt1Ide5ad lor¥ u¢Jtor5 A¢¢rued expenses and delured Iorne Total CurrentUabllltle5 ?RA38 28A38 ,ozi 10,021 Amount loan Repaid In theyear 8al•nce at SOue PurFO)se ol loan year None AepFym)¢nt d Wlthln 12 mnths Totsls 3V0812026 3V08t1027 Bets¥een l aNJ 5 years 3V08nwJo 22. Cathl Commknwtsortd ConLIalI¢les At3tstAwJst2025 thp ar1th1S no cap1 commfjknentsand no(tt 1abllisweweld&fvd.
Page13 Prfw 05eof General 13A7651 Nn General arrnn1Th8WenS&$ ItModelTrusrFund 19551 SI53 gnated fvnd55et&deft(the hwtherancèoFthe Lé)Je¢uves¢fthoartuit 2L577 82¥1(6 Pur 51916 S9 Ehtshb layworttt Totsls 51916 5ISD9 Yotsi ¢fLh¥estr]tted Restrkthdfimdsexdu m%0 operty. m Tthl FThd5 1,913AXXI ZM503 L911(OJ 1791 The 1eaxwfwthEtrr$¢ Asfd+yw arwttprtWy15ah¥ayscarrfed In the General FUDd1HrtsthÈ hÈttelLt Model Tw5tFvnd.Th55requlres3n lsn1dvsuth1a1e$dllrI4TtheXare Tlett&4 Therewereno tId Irb¥L%orwtyuLysalesthJthithe1. Oetsis Endowment Nme Toi*
Page 14 2& Rolat•d pwty tMnsactlon¥ RS102 r8qulr85 thal charities that have one orfflore Patlyfra(aK)nS ust disdosè.. the names of the tranSalg kated p•b'ès', - a desuipuon of a r81atlonshlp betw Ihe pa . B descp.plion of the transaGtiQnS', . tho amounts invo., ' any other elements of the transedbns n&SSaryfOr8n understandiTrJ of he aunIs.. . the amounts11 to orhDtn re1 parues at th8 b8nc8 sheet date arKI provlsbns for doutlful debts frow such patbe5 atthat dat&,' aKI . amounts writtèn off in the p8rk)d In r8sp&X ofdth due to or frDm reed patliE& Name of related party loans to AmDunts related rtY related patty related party yeted pèrty owed byho In the yaar theyEar in tsyear In theyear related party atyearend Thls Clrcuit Methodist (jurthes Birmingham D15trirt of the Mèthodlst Church Methodlst Churth - Scmjth Warwickshire Orcuit Mèthodist Connexlc)al Grants ream Total 297.3( 59A32 297.306 59.832 Circuit Methodist Churches 8irmlngham District of the Methodlstchurth Methodlst Property Fund Methodist COnneonal Grants Team Total 56,988 298.365 56,988 Note.. The clrcult thurches do cdlect MO for Methodist related proiects. whlth Es recorded and sent dirett to the Methodlst Fund by the drcult-appointed Fund Treasurer5. No documents nor moneyare seen by the CJrcuitTrea5urer and such finan Is not included in these clrcuit accounts. A separate report 55 issued each year by the cOnneonalTearn.
PJe16 DECLARATIONS 24th t4ir¢h 2D28 CfvwofY ofthe eeong
Page 18 South WDrcest•rshSre methtst thcutt1051161 Independent Examlrberfs Reportto theTrusteesofS¢MrthW•r<*terthlre methIst arcuft Thls Report15 on the Cirtuit AOUnts for the year ended 31 Au8U 2025 Respertlve reSponbIlItIeS of Trustees and Examlner The charitvs trustees are re5F)onslble lor the preparation of the 8ccoun TheTrustees considerthat an audrt Is not required for th15 year under Section 144 of the (harltie5 Act 2011 Ithe CharitiesActl and that an Independent examlnatlon Ls needed. It Is the Independent ExamlneT'S responslbllltyto: follow the procedures laid down in the geneial tlire¢lSons by the Charity Commlsslon under Section 14515llbl of the Charltles act,. and state whether partlcular matters have come to thelr attentKIn. Basls of Independent Examherfs Report My examlnatlon was carried out in accordanwIth the general Dlrections gfven by the Charlty Commtssion. An examlnatlon Includes a review of the accountln8 records kept by the charity and a comparison of the Kcount5 psented wlth those records. It a150 indudes consideratlon of any unusual items or dIosUre$ In the aCtnts. and seeking explanatiorts from you a5 Trustees concemlng any such matters. The procedure5 Undertak do not provide all the evidence thatwould be requlred in an audlt and consequently no oplnlon is glven as to whether thè accounts present a knje and falr vieYR and the report 15 limite(I to those matter5 set out In the statement below. Independent Examlnerfs Statement In connectlon wlth my examlnatlon. no matter has come to my attentwjn: 111 whlch gfves me sonable cause to believethat in any m3terlal respect the requiremenLS: to keep accountlng records in accordan with Section 130 of th.e Charttle5AcL to prepare accountswhlch attord wlth the accounting records and complywlth the accountlng requirements of the Charllles Act. have not been met,. or 121 to whlch, In my opinion. attentlon should be drawn in Nderto enabie a proper understanding of the af£ounts to be reached. I have not obtained independent verification of all Investments with theTrusteesfor MethodLst Church Purposes I'YMCP'I or held In otherfrusts. Bank balances and Funds at the Central Nnance Board of the MethodLst Church I"CF8"I, which are Indivldualty In exce5S of £IO,OCQ (ten thousand poun(tsl atthe balance sheet date. Name Jame5 Cruse FCL FCCA SIBnature )LTh Relevant profe5slonal quallfication or body ICAEW & ACCA Address a JW Hlnk5 LLP. 19 Hlghfiekl Road. Edgbaston, Blnningham. B15 3BH Date 24 March 2026
South Worcastershlre Melhodlst Clrcult- list of Trust¢¢s Appendlx A Those servlng In 2024125 and up to Pr day Name Apwjlttt Name Appointed Rev E H8rrls (Supw) 0110912024 J Slaley 0111112025 H Watton 1310912025 Rev P mukornbIndo 0110912025 M Voyiagis 0410612025 l Thomas 041cl2025 C Gallagh8r 041(W2025 R Edwards 041CW2025 Rev A Simpson 1810912024 S Jessop 1810912024 G Cornwell 1810912024 D Mather 1810912024 S Hicks 2610fI2024 S Nevltt 2610612024 S Weary 2610612024 H LeS 066r2023 Rev P Salter OW06Q023 J P Gogarty 0710312023 Rev H A V Lewls 0710312023 A D Martin 07103120rJ R H Badey 0111112022 Deacon C Brown OiAW2022 Rev S D T Froggatt 01n1912022 P C Hawkeswood 01A1912022 A Thomas 0110912022 M Saunders 1412021 A V MGWhirter 0910312021 K A Evans 2310212021 G Drain 1311012020 S Draln 1311012020 Accapd 1710912019 D Capel 1710912019 J W De Torro 1710912019 P Gwllllam 1710912019 Rev D A Haslam 1710912019 C G HlIeS 1710912019 R Ingles 1710912019 E A Yellar 1710912019 VDay 2610212019 J P Curkns 1 giiH2018 A Phillips 0710912016 H V Ashfd J B E(hv8rds Rev M Austin Gccox C J Davis MDLDaMs Rev P M Gr{Md T D Higgins H M Laalo D A Lavrfanc R LerJOneS T knbby Deacon A B Martin J R Merriman CJ Parker AVR N J Stephw P R Wetherall 1S109r201 S 1510912015 0110912015 01mw2015 0110912015 0110912015 0110912015 0110912015 0110912015 0110912015 0110912015 0110912015 0110912015 0110912015 01109r2015 0110912015 01109r2015 01K1912015