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2025-08-31-accounts

South Molton & Ringsash Methodist Circuit Annual Report 2024-25 Introduction The South Molton & Ringsash Methodist Circuit Ireferred to in this report as the Circuit) is based in a rural area of North Devon with the market town of South Molton at its centre. Aims and organisation Our mission statement seeks to share the love of God with our communities. There are 7 places of worship in the area connected to our Circuit.. Brayford Methodist Church Burrington Methodist Church Chittlehampton Methodist Church Kings Nympton Methodist Church North Molton Methodist Church South Molton Methodist Church And the Circuit has an ecumenical arrangement with the Anglican's at Filleigh which is based at the Parish Church, St Pauls. The Circuit continues with a quarterly preaching plan to ensure that regular acts of worship take place to support our local communities. Both members and non-members are welcome to attend these services The following activities take place to further the objectives set out above.. The teaching of Christ13nity through sermons, courses and small groups. The resourcing of pastoral work including visiting the sick and bereaved. Taking religious assemblies in local schools. Promotion of Christianity through the staging of events and services. The Governing DocLJment of the Charity is the Deed of Union of the Methodist Church 1932 and the Methodist Church Act 1976. The purposes of the Methodist Church are, and shall be deemed to have been since the Date of Union, the advancement of- The Christian faith in accordance with the doctrinal standards and discipline of The Methodist Church,. any charitable purpose for the time being of any Connexional, District, Circuit, local or other organisation of The Methodist Church.

Financial review of the year Income trends Sale of Molemead (former manse at North Moltonl at £39CK)00 on 12/09124 less-_ Solicitor Fees1£950 plus VATI Solicitor Fees ICh3ri1y Commission Order Applicalionl £750 Plus VAT &)Ilcltor Fees (Abortive Sale) £350 Plu8 VAT Estste Agent Fees CHAPS Fee Repayment Melhodisl Chapel Aid Bridging Loan of £250000- 8 Limekilns, South Mollon l Manse purchased in Aug 2023 for £460000, £14677 interest on the loan paid in the 2023-24 financial yearl. Land Registry Official Copies TOTAL 1.140.CY) 9)0.00 420.00 4.914 00 36.00 253,315.91 260,734.91 Balance pald Into ourClrcultTMCP account. No levy to pay to Connexion as it is a replacement project. 129 265.09 Circuit income is primarily drawn from the assessment paid by the Circuit churches. The rental income relates to the rental of the former Manse Locarno, Chulmleigh. Currently after management fee is £1320 per month. Other income is generated from interest earned. A refund on council tax was received this year on Wesley House due to its change of use. Expenditure trends The main expenditure relates to the stipend of the presbyter, salary of the administrator, together with related employment costs, including the reimbursement of travelling and other preaching costs, in this year totaling £53282. Stipends have increased annually in line with conference approved percentages which in this year was 3.060A. Any lay employees are paid, in accordance with Methodist Standing Orders, no less than the hourly rates set by the Living Wage Foundation. Other costs include the annual contribution to the District of £23502 which represented 20% of expenditure. Other expenditure included improvements made to the former manse Wesley House, South Molton. This building has now been given change of use from residential to non-residential. Used for meeting rooms, office and storage. Fund balances As at 31, August 2025 the net current assets of the Circuit current accounts including the balance in our CFB account were £85808 of which £20000 is designated funds. This gives the Circuit the required reserve required for 6 months expenditure.

Designated Funds CFB account- £20000 allocated to the Chittlehampton project Circuit TMCP account - £20720 allocated to the Chittlehampton project. £73000 towards the mission of the Circuit. IBalance remaining from the sale of AshreiEney Zion Chapel). Note.. Preparation for sale of the Chittlehampton cottage next to the chapel owned by the Methodist Church Iproject ID 488091 had final consent from TMCP in May 2022. This 15 to SUPPOrt the refurbi5hrDent of the Chittlehampton Methodist Churih. Two interest free loan5 of £250W in 2020 and £251XMI in 2022 were 3greed by the Ciriuit to support this project when required. To be repaid to the Circuit on the Sale of the cottage andlor schoolroom. In 2020. £5000 of the £25000 wa5 loaned to the Chittlehampton Methodist account. The b313nce of the first loan remaining in our CFB account. The second amount of £25000 Isetond loan agreed in Marih 20221 was linked to our CiriuitTMCP attount. Of which £4280.79 wa5 transferred to the Chittleh3mpton Methodist 3ccount on 27102125. Future plans Circuit financial plans for the coming year have been prepared on the basis that there remains one full time Superintendent Minister and a part time administrator. The financial budget and church assessments will be based on the assessments required by District plus other expenses which would normally increase in line with the % increase in the stipend. In principle it has been agreed in the following year to employ a part time Youth Worker and a part time Pioneer Community Worker but this will depend on funding. Basis of preparation and legal framework The Charitvs annual report and accounts for the year ended 31" August 2025 will be independently examined and prepared as recommended by Charity law. Full Name of Charity.. South Molton & Ringsash Methodist Circuit Registration Charity Number.. 1168118 Main communication address: Wesley House, North St, South Molton EX36 3AW The members of the South Molton & Ringsash Methodist Circuit meeting are the Charity Trustees, membership being made up of Circuit office holders, ministers and representatives appointed by the local churches. List Circuit trustees at the end this report. Circuit Ministers and Officers Circuit Superintendent Minister.. Revd Anna Flindell Circuit Office & Finance Administrator.. Mrs A Vellacott Circuit Stewards Mr Martyn Short Mrs Monica Fry

The Circuit Leadership Team are responsible for the day-to-day financial management and accounting for the Circuit during the year. This is supported by the Circuit Office & Finance Administrator. Examiner.. Elizabeth Stock. Devon Bookkeeper Ltd, 71 East St, South Molton. EX36 3DQ Investment Bankers.. Central Finance Board of the Methodist Church ICFBI Trustees for Methodist Church Purposes ITMCPI Current accounts.. Lloyds Bank Public Beneflt We confirm the trustees have had regard to the Charity Commission's guidance on public benefit. Structure, Governance and Management The governing document for the Circuit is the Deed of Union119321 and Methodist Church Act 119761 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 by the Circuit Leadership team. The Circuit Local preachers committee and property committee are also involved in management decisions and report to the Circuit meeting. Trustee Training There are a range of guidance produced by Methodist Connexion to support the effective running of the Circuit including the leaflet 'The Role of a Trustee in The Methodist Church,. Related Partles The Circuit is part of the South West Peninsula Methodist District and is also accountable to the Methodist Conference. Risk Management The major risks are identified by the Circuit Leadership Team with action taken when necessary. Income and Expenditure is being monitored in total and is compared with the approved annual budget on an ongoing basis to detect trends as part of the risk management process to avoid unforeseen calls on reserves.

Safeguarding Every person has a value and dignity which comes directly from the creation of male and female in God's own image and likeness. Christians see this potential as fulfilled by God's re-creation of us in Christ. Among other things this implies a duty to value all people as bearing the image of God and therefore to protect them from harm. Methodist Connexional practice outlines commitment to the following principles.. the care and nurture of, and respectful pastoral ministry with, all children, young people and adults the safeguarding and protection of all children, young people and adults when they are vulnerable the establishing of safe, caring communities which provide a loving environment where there is informed vigilance 3S to the dangers of abuse. We will carefully select and train all those with any responsibility within the Church, in line with Safer Recruitment principles, including the use of criminal records disclosures and registration with the relevant vetting and barring schemes. We will respond without delay to every complaint made which suggests that an adult, child or young person may have been harmed, cooperating with the police and local authority in any investigation. We will seek to work with anyone who has SLJffered abuse, developing with them an appropriate ministry of informed pastoral care. We will seek to challenge any abuse of power, especially by anyone in a position of trust. We will seek to offer pastoral care and support, including supervision and referral to the proper authorities, to any member of our church community known to have offended against a child, young person or vulnerable adult. In all these principles we will follow legislation, guidance and recognised good prartice The Circuit commits itself to ensuring the implementation of Connexional Safeguarding Policy,. government legislation, guidance and safe practice in the circuit and in the churches. The South Molton & Ringsash Methodist Circuit commits itself to the provision of support, advice and training for lay and ordained people that will ensure people are clear and confident about their roles and responsibilities in safeguarding and promoting the welfare of children and adults who may be vulnerable. Rese￿eS Policy The Reserves Policy for the Circuit is to hold a minimum sum equivalent to 6 months, normal expenditure. This shoLJld be sufficient to meet any unforeseen item of major expenditure on property and l or to be able to continue, in the short term, fund regular expenditure in the event of any income shortfall.

LIST OF 37 CIRCUIT TRUSTEES CHRISTOPHERJOHN BPLE T￿S STELLANIAY CHAPPL Twste REVDANNAFLINDELL MONI¢A FR tsryitypww JEAN MILtwi TDJ¥lee MOPLEYCHAPPLE Twwep MICHAEL GEoRGEF￿LL1ND T￿Slee ROSELLA LILIAN TURNER Twsie8 BRIAN JOHN AYRE T￿steP DANIELNI¢HOLAS SMITh rwSl PAMELAJOY PJIRKHOUSE rwsI ANSTICE RUTH GOWER GEFALDWLLL4M WALDON MARTIN POGER HICKMANBA Twstep

SUSAN RADLEY BED PItrI8 JOSEPHINE MARYTURNER Twslb WENDYMAY 5UMIAERS Twslep DEREKWIILLIAII SUMNIERS TN4pp MICHAEL TERENCECOURTNFI T￿gle2 R05EMARIE JEth C(MJRTNEY T￿SleE WILLIAMJOHNThORNE SHEILACOLLIER Tmstéo CHRISTINE MARY HOLLAND BETfYpAUL WT T￿S1 JoY¢EÈv￿s MARTIN BERNARDSTrThT ¢lrcullkn*d SUSAN GLADY5 FROCTER TtU3tee PEARLLAThAPA Ttus ROSEMARYRUTH KNIGHTS T￿$18￿ SIDNEYJOHNCHAPPLE

DOREEN MARY T￿st￿￿ ARTHURSYDNÈYVEMNER MILDON T￿ts MARTIN DAVIES GWIENDOLINE MAYKINGDON PHYLLISGLORIA MANNING DAWDHAFOLD HOOPER RAYMOND JOHN KINGDON

CIRCUIT RECEIPTS AND PAYMENTS ACCOUNTS THE METHODIST CHURCH STANDARD FORM OF ACCOUNTS South Molton & Rin ClrrAII FOR THE YEAR ENDED 31 August 2025 Scxth We8t Peninsula M8thodlsl Clrcult no 37t22 1168118 If not a reglstered eharfty HI• Mahty• R•￿n￿ •nd Cu¥lom Glft Ald numb•r (The HMRC numtw18 wHvolent to a rtwed (81ity numbw in tgrm• of ￿denCe ofGharitabie status nd may bo used to ts to d(rfKn furnJ8rB w18h lo see eVkJ0￿ ofth• organlsatton's chathabl stat￿. Methodi8t ¢hariile8 In England WKI Wal88 thal are r￿1 rBgtstued chanU8s are axw from rtyi8tr#tion urKler St8W Instwm8nl 2014 No242) MirMstws.' R•vd Anna Flin￿1 Monlca F 1LI5

Ctrcutt SECTION A Fun F￿￿1 RECEIPTS Ca cel Bonk ond CFB irrtwe8t In￿trn9rt IrKcffle 129265 129265 5.1 Grants 25.574 25,574 251.032 16.592 100.956 87 TOTAL RECEPTS 118.568 SEcnoN 8 b1 PAYMENT8 stip8nd6, 6ios. NIC. 871 b3 Co$ Adminl8traYon atr b5 Diylrfct A88•55rMnl b6 b7 Grants & thffjattL Fund Olhar 178 178 b8 2.71 120.176 4.281 6.987 6,519 TOTAL PAYMEPITS 124.658 125.B9B SECTION C NET RECElmTrAYMENf4 FC¥I THE YEAR ¢1 •7&9 Totd fur¥JB b t forvd la Swb totsl 170 71 Tran8f8f8 c7 TOTAL FUNDS AT END OF YEAR 35 170An 20&848 SECTION O FOR INFORMATION ONLY.. MONEY RECEIVED •JID PA8SED OPI TO EXFE1114AL ORGAIIISATIQNS d1 Balarte htlLrward frun18st d2 d3 793 BALANCE STILL TO BE PJD d1+d2.&1 2d5

Youth *7 711 IX37$ LDBYcMC￿y 121 CLOWNQ 188a6 120 79￿￿ ¢1 2.07&￿) 1,888,￿0 9280

14). 37r2Z Declaratlons and Scrutiny I ￿nTIMi that these Receipt and Payment based 8￿nts for the >par to 31 August 2025 have been prepared from the records ofthe Circuit and that trw include all fundg ufKler the 1X￿trOl of the Circuit r￿eting. s￿nature of Clrcult Steward .......... .... Name and address .......... Catharn Fann, ￿ington, Umberfelgh, EX37 9JT pr•S￿rt￿n to th• CIT￿lt m••dNJ I conflm that th• annual feport and fttthe year arK￿ 31 Augu8t 2025 werelwlll b8. presented to the c￿￿tt moetirKJ held on ..P.H.l.o..s.1.2c 2ts . Slgnalureof the Chalr of the meetsr¥J .... .. . . . Name of th8 Chalr of Ihe Mee￿ng .... Revd Anna Fllndell Independ•nt Examln8 R•port to the Trustw of th• Soulh Mollon & Ringsash Methodlst Cirryjit Charfty Numl)W. 110B111 Re•poMlbllltl•8 and ba•ls al rep I report to th8 trustees on my examlnatkn ofthe ac£ounts ofthe4vTh I￿.1.￿4.*hrfq&Ath. IkrW)i& i Clrcult for the year erKJed 31 August 2025 set on pages I to .¥ As the CIr￿lY8 trustees. you 8r8 responsible for tha preparation of the aCc￿nts In awjrdance TAryth the requirements of the Chari￿es Acl 20111'tho Act.). report in respect of my examithn of Ihe CIr(￿l￿S a(U￿ntS Carried out under soc1￿ 145 of thé A and, in caryng oul my examinatson, I have follo￿1 all the applKxLqe Dir￿￿)0n8 given by the Charity Commission uThd8r se¢tion 14q5Xb) of Ihe A ' delete or ¢irde a8 appropriats

No. 37r22 IndoPond•nt Examlrs Statwmtt I have completed my 8xamination. I ccnfirn trot no material matters have rAxne to my attention in connection V•Trth the examinaticm whlch give m& caus8 to bellèv8 that In, any material respect the accOuntw￿ reLYJrrls worn not in accordance y￿1h se(ai(Jn 130 of the A¢ or I h8Vo no (x)ncems and hava como acY066 no othw rnatt￿5 kn e￿neLIk)n wlth tho •xamlnatlon lo wthlch 8tt8nthJn should be dran In thss reF￿ In order to on8￿8 8 proper undergt8ndtsvJ of the accounts tr) b8 reached. 1 not" (kntain8d indep6rKlent verffication of all Investme￿ *llh the Tnth for Methodist Church Purposes or held in other trusts. b8nk balances and furth at Ihe Centr81 Finance Board of the M8thodlst Churth which are indi¥ldually in exce88 of£10.000 (ten thou￿ POUfK15) al th8 baiance 8he8t date. Signature of indep0￿lent examlnw Name oflrKl8pendent8xamln8r ....wUL4>T.h......tfv.w...................................... Relevant profe8slonal qualin￿tIon of ir￿ndent examlner ... Namg offfirm (wlwe approfft) ! HG. ..&.￿,r￿...,... 7.1 ..&A&r.. 4fJ.k£GI............................................................... ¢6uTr ..1o&i.od................................... PostC(th b¥.aG.6bC ' delete or cilde a8 apwrylats