Stoke on Trent Mission Circuit Annual Report and Accounts for the year ended 31 August 2024
Stoke on Trent Mission Circuit Annual report 2023124 Stoke-on-Trent Mission Circuit is a group of 9 Christian churches committed lo increasing awareness of God's presence,. helping people find and grow in faith through mutual love and care,. developing God-given gifts," meeting the needs of all people through service and challenging injustice and working out our faith in daily life. In all this, we seek lo share the good news of Jesus Christ. Basis of prep8ralion and legal framework The Charity's annual report and accounts for the year ended 31 August 2024 have been prepared in accordance with the Charities Act 2011 and the Charities.. Statement of Recommended Practice 2015 as applicable lo the Financial Reporting Standard IFRSI 102 Aims of the organisation The Charity's objective is lo act as a resource Provider within the area around Stoke on Trent for the Methodist Church". The purposes of the Methodist Circuit are and shall be deemed lo 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, DIstrt, Circuit, local. or another organi5alion of The Methodist Church. Any charitable purpose for the time being of any society or institution subsidiary or ancillary to The Methodist Church. Any purpose for the time being of any eharity being a charity subsidiary or ancillary to The Melhodisl Church. The organisalion and resourcing of regular public acts of worship are open to members of the chLsrch and non-members alike. The teaching of Chrislianily through sermons, courses, and small groups. The resourcing of pastoral work includes visiting the sick and bereaved. Taking religious assemblies in local schools. Promotion of Chrislianily through the staging of events and services. Provision of chaplaincy services to the local university and other institutions. Publie Beneflt We confirm the Iruslees have had regard lo the Charity Commission's gllidan on public benefit.
Brief financial review of the year Income trends Totsl circuit income was £446,722. Assessments paid by churches in the circuit formed 580kn, disposal proceeds of the Newchapel Methodist Church building, Newlown formed 34D/o and interest and other income formed 8Vo. Interest received increased significantly compared lo last year. Assessment onlribulions by churches were in lined with Circuit Budget. Expenditure trends Total expenditure was £ 297,554. Stipend costs were covered through the assessments from churches. 33Vo of the revenue expenditure part of the expenditure was the circuit's contribution and model trust levy paid lo the Stoke Chester District, of which a significant part is used to fund the work of the wider Methodist Church. Other expenditure includes manse maintenance running cost and other general oulgoings. Fund balances The circuit's nel current assets on 31 August 2024, exeluding designated funds, was £419,213 giving over 4 months of cover for expenditure as per the circuit reserve policy. Financial Plan$ for 2024125 Circuit financial plans for the coming year have been prepared on the basis that there will be 2 full- 'me ordained Staff, 1.5 lay pastofs, and other paid lay- workers with the anticipated cost of living stipend increases combined. In addition, there was a budgeted increase of 50/0 on district assessment. Structure, Governan¢e, and Management The governing document for the Circuit is the Deed of Union119321 and the Melhodisl 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 Circurt Leadership team along with the Local Preacheis, meeting, the Circuit Finance and Property Committee, and the Circuit Policy Committee.
Trustee Tralning A range of guidance produced by Methodist Connexion to support the effective running of the Circuit, specifically the leaflet 'The Role of a Trustee in The Methodist Church, is given to all new Circuit meetin9 members as an induction lo their role as trustees. The district provided grants towards a training activity over the year. Related Parties The Cireuit is part of the Chester and Stoke on Trent District and is also accountable to the Methodist Conference. The Stoke on Trent Mission Circuit is made up of the following churches.. Gateway Melhodisl Church Mount Pleasant Methodist Church Oasis Community chUh Packmoor Melhodi5t Church Potters Church Swan Bank Melhodisl Church The Village Church Wesley Hall Methodist Church Vvhitehill Methodist Church Risk Management The major risks have been identified and recorded by the Circuit meeting, Circuit Leadership Team, and the Circuit Finance and Propety Committee, with professional advice taken as required. There is a regular annual review process undertaken and recorded. Income and expenditure are being monitored In total and are compared with the approved annual budget on a quarterfy and yearly basis lo detect trends as part of the risk management process to avoid unforeseen calls on reserves. Safeguarding Every person has value and dignity, which comes directly from the creation of males and female5 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 lo value all people as bearing the image of God and, therefore, lo prote¢l them from harm. Methodist Connexional practice outlines commitment lo 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 eslablishmenl of safe, caring communities which provide a loving environment where there is informed vigilance as to the dangers of abuse. We will carefulty select and train all those with any responsibility within the church, in line with Safer Recru((ment principles, including the use of criminal records disclosures and registration with the relevant vetting and barring schemes. We will respond wilhoul 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 suffered abuse, developing with them an approptiale 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 a child, young person, or vulnerable adult. In all these principles, we will follow legislation, guidance, and recognised good practice. The Stoke on Trent Mission Circuit commits itself to ensure the Implementation of the Connexional Safeguarding Polw. government legislation, guidance, and safe practice in the Circuit and in the churches. The Stoke on Trent Mission Circuit is committed to providing support, advice, and training for lay and ordained people that will ensure people are clear and confident about their roles and responsibilib'es in safeguarding and promoting the welfare of children and adults who may be vulnerable. Reserves Policy The Reserves Policy for the Circuit is to hold a minimum sum equivalent to 4 months, average expenditure. This should be sufficient lo meet any unforeseen item of major expendilyre on manses andlor lo be able lo continue, in the short term, funding planned activities in the event of any inability to oise the full Circuit Assessment from churches. Refer lo the financial review section above.
Circult Detalls: Full Name of Charity.. Stoke on Trent Mission Circuit Registration Charity Number.. 1185146 Dale of registration.. 3 September 2019 Main communication address (Circuit Office).. 5 Swan Square, Sloke-On-Trent ST6 3EA The members of the Stoke on Trent Mission Circuit meeting are the Charity Trustees, and membership is made up of circuit office holders, ministers. and representatives appointed by the local ¢hur¢hes. Circuit Ministers and offirS Active Circuit Ministers Rev. Kathryn Stephens Rev. Ruth Jeffries Circuit Lay Workers Mrs. Alison Price Mrs. Glynis Cooper Mr. Brian T8ttersall Mrs. Lynn Tindale Circuit Secretary Mrs. Bev Beverley Rushton Circuit Stewards Mr Brian Barber Mr. Derek Mack Mr. Kenneth Burgess Mr. David Grealbalch Mr. Timothy Sproston Administrator.. Mrs. LE Thompson
Treasurer.. Mr. Frederick Sarpong-Boaleng Independent examiner Name and address.. Beaumonls Chartered A¢¢ountsnts 29131 M(iorland Road, Burslem. Stoke on Trent. ST6 1DS Investment Bankers Central Finance Board of the Methodist Church Trustees for Melhodisl Church purposes Current Accounts Natwest Bank Charity Aid Foundation Bank Co-operative Bank
Circuit Standard Form of Accounts Stoke on Trent Mlsslon Clrcult Statement of Financial Activitie5 ISOFAI for the year ended 31 August 2024 Notes to Circuf( Model Oesilnated the General Fund Trust Funds Total accounts Iunrestiittedl (Unrestricted) lunreslrrttedl 202>24 Ckcult No 11118 Total 2022-23 Income Donations and legacies Iniome Irtsm monetary investmenis Income from investmellt properties Assessments on Churches 4.276 9,222 13.498 6,927 259,743 259.743 284,540 152.242 152.242 Gr3nt5 received 212 Other charitable Income 13,139 277.158 8,100 169.564 21,239 446.722 9,753 301,432 Total iniome Expenditure Gr2nts 2nd donation5 957 Sal3rles and agsociated cosrs Jo 168.152 1&8,15 199,108 Property mèintenanie Connexion31 assessment & model trust le 8,143 8.143 9.419 12 435 435 794 Districi Assessment & Levy Depreciatio Office expenses other outgonE9 Total charitable expendrtuve Gainslllossesl on monetary investments Gains/llossesl on invesrmenr properties Net incomellexpenditurel Transfers between fund5 65.781 13.712 99.sia 67,583 14 654 654 1.118 Js 20.6S7 263.387 20,657 297,554 137,418 416,396 34,167 13.771 16,5931 135,397 149,168 16,5931 1114,9641 72.519 16 Net movement in fund5 7.178 135,397 142,575 142,4451 Tor31 funds brought lorw3rd 638,298 153,799 2,532 794,629 837,074 Total funds cafrfjed forwatd 645,476 289.196 2,531 937,204 794,629
Stoke on Trent Mis51on Circuit Balance Sheet as at 31 August 2024 Clrcuh140 11118 GN Note5to Clrcuft Model DesiEnated the General FuTrd TNsts Funds accounts Iunrestrictedl lunrestrled) Iunrestrirtedl Totals 2023124 Trfals 2022123 Fixed Assets Cirtuit Manses & Eouipment Investment properties Investmenrs Total fixed assets 17 515,CX)D SI5,0 SI5,0 R 515.000 515.C4JO s15.(0 Cuirent A55rts Debiofs Loans by the Circuir Investments withTMCP Central Finance Bo8id Deposits Cash ar Bank and ity hand Total turrentassets Current liabilrtrds Creditors (due in under I yearl Grants payab within 2023-24 Total cuvvent liabiMies Netturient assetsllèbilrtyds 18 8,754 8,754 8,520 5 19 20 21 2B9,196 289,196 124,115 32,087 454.153 153,799 59A73 T 82,211 304.002 124,115 29.5SS 162,425 2,532 2.532 289.196 22 31,949 31,949 24,373 U 31.949 422.204 24.373 279.629 130,476 289,196 2.532 Total 8$5et5 less current liabilities 645,476 289,196 2.532 937.204 794,629 more th3n one yearl Gr?nt5 p8yable after 2022-23 Loans to the CrcUit Total k)ng temi liabilities Net assets 645,476 289.196 2.532 937,204 794.629 W Funds of the Circuit Gener31 Fund Iunrestrictedl Circuit Model Trust Fund (Unrestricted Designated Fund5 IUnre5trictedl Total Unfe5tricted Fund5 Restricted Fund5 Endowment Funds Toial Funds 645,476 645.1476 638,298 289.196 289.196 2.532 937,204 153.799 W 2.S32 794,629 2.532 645,476 289,196 2,532 937,204 794,629
Notes to the Accounts 1 Basis of accounting The financial statements have been prepared under the Charities Act 2011 in accordance with the 2014 version of Accounting and Reporbng by Charities.. Statement of Recommended Practice {SORPI applicable lo charitie5 preparing their accounts in accordance with FRS102 - the Charities SORP IFRS1021 and taking note of the Update Bulletin 1 issued in 2016. 2 Funds The funds held conslitule". General Funds held for any purpose of the Circuit, which is Unreslricled. The Circuit Model Trust Fund has wide purposes defined in Standing Orders and is calegorised as nStrIcted. Restricted funds are held for a narrower purpose. There are no Endowment funds. Details of each material fund are disclosed in the final note lo these accounts. Any funds may be represented by more than just cash. 3 Accounting policies Basis These accounts have been prepared based on historical cost, except those investments are shown at their market value at the end of the year, on the accrual basis. to show a true and fair view of the Circuit's financial position and activities. Incoming Rèsoureas Income is recognised in the Slalemenl of Financial Activities ISOFAI when the Circuit becomes entitled to the resources, the Iruslees are reasonably certain they will recewe the resources, and the monetary value can be measured with sufficient reliability. Resources Expended Expense is recognised when there is a redijclion in economic benefit. Provisions for expense are also recognised when the Circuit has a present legal or conslruclive obligation, and il is probable that there will be an ouffiow of economic benefit, which can be reliably measured. Grants Grants made by the Circuit from ils own funds are fecognised in full al the time of the agreement or when the Circuit accepts that there is a legal or operational obligation lo make the payment VAT Since the Circuit is not VAT regIsted, all input VAT is charged with the expenses lo which il refers.
Tangiblè fixed assets for usè by thè Circuit Tangible fixed assets are capilalised rf they can be used for more than one year and cost al least £200. Circuit's share of the cost of a second-hand laptop for £109 was therefore not capilalised. The freehold manses are revalued at their eslimaled market value at the end of the year. No depreciation has been calculated on the land and building, as Iruslees consider any depreciation would not be material. The properties have been reviewed for impairment and trustees believe no impairment has occurred, Impairment of the manses is CogniSed when there are reasons to believe that their recoverable amounts are less than the carrying value. The recoverable amount is the higher of the fair value, less cost to sell, 2nd the value in use of the manses. Investment Properties Investment properties- no property is currently deemed lo not be held for the long-tem purposes of the Charity. Invesknents Investments are valued in the balance sheet al market value al the yearnd. Investment income is included in the accounts when receivable, and any gain5 or losses on revaluation at the yearnd are shown in the SOFA. Debtors Debtors were made up of prepayment expenses and accrued income. The prepaid expenses include one month's ministers, stipends paid in advance and any other prepaid expenses. There were no accrued income relates lo contributions fiom ehurches and other associated organisations. Credltors due under one year These are recognised when there are present obligations for the circuit to transfer economic resources due of past events. Note 4. Income from nK)netsry Investments Clrcult Model General Trust Designated (Unrestricted) (Unrestricted) lunrestrictedl Total 2023-24 Total 2022-23 Intest rec£Y frotn Cenlral Finance Board 4.271 4.271 1.s30 Interest recei1 from CAF Bank Interest recei¥ frcfft fvth)d81 Trust- Trust 9411 7,180 7,180 3583 Interest recei frtffi de1 Tr1. Trust 9411 . Ccryarati*s a4'Lthnt Inter&81 rEcd fr TrLEI- Trust 338 459 Intere51 fru)) Trust. Trust 16793 1.&17 1,347 1,347 Interest w Pension refund 693 693 Total 4,276 9,222 13,498 6,927 io
Note & AEsessrnents on Churche5 Clrcuit Model General Trust Destgnated IUnrestriGtedl Iunrestrictedl lunrestrictedl Total 2023-24 Tol 2022-23 GteY 14.185 14,185 13,138 Mount Fasant 6.377 6,377 6,009 oasis COtTnity 23.363 23,3e3 35,753 Packr 6.654 6,654 ,272 Pdlc<s 23,077 23,077 23,783 Sn 8ank 121.390 121,390 142,251 Thp VilFage 13.010 13,010 12,775 Westey Hal 26.846 26,846 22,739 Whilthll 24,839 24,839 21,820 Total 259,743 2S9.743 284,540 Note 6. Capltal Recelpts Clrcvlt General Trust Designated IUFbre5tTiCtedl IUnrestrictÈdl lunrÈstrictedl Total 2023-24 Total 2022-23 8h sas proceeds 152,242 152.242 Total 152.242 152,242 Note 7. Grants received Circuit Model Genèral Trust Deslgnated Iunyestrlctedl Iunrestrfctedl lunreslrlctedl Total 2023-24 Total 2022-23 Training &ant 212 212 Note 8. Other charitable irKon Clrcult Model General Trust Desigrwted (Unrestricted) Iunrestrlctedl lunrestrictedl Total Totsl 2022-23 2023-24 M*se Rent ReceId- 19 WCodnd groKe 9,449 9.449 8.4VA Rent Recepd 1.209 Metrrtisl Proyerty FurKIs- Gateway 60 60 Due Diligenc8- DBS APiCen refund Sdicitors- Sales of refund 38 38 3,267 3.267 Gateway PEdund?ncy paynETII refur Pensi re.[ donah relurrted 326 326 8.100 8,100 8.100 21,239 13,139 9,753 li
Note g. Grants and donations ClrGuIt Model GEneral Trust Deslgnated Iunrestrthdl (Unrestricted) lunrestrictedl Total 2023-24 Total 2022-23 Dl¥tion 957 957 Note 10& Salwie5 and associated costs Circuit Model General Trust Doslgnated Iunrestrictedl Iunrestrktedl lunrestrictedl Total 2023-24 Total 21Y22-23 Mlnlster'8 Salar$ anrl a8socLqted Costs: of Presby18rs EnployE<s Nl Ministers Pensi 58,080 58,080 53,856 5,959 5,959 5.486 15,624 15,624 14,487 SutEr's AJkwan¢e 2,693 Com in Mnisfy Alknwance 388 352 Apw8ntC8ip Le Recharye Lay-worker's Salaries and associated CostS- 309 SaLqrie5 77.691 Tl.691 IlQ,263 Embyerfs Nl 3,621 3.621 5,516 P8n810n 2,613 2.613 5.062 Arbe?5hiP Lw P6char Total 964 1,126 168.152 168,152 199,108 Note 10b. No trustee was paid for their work a5 Iru5tee5 or addrtiona1 $eYvice ofteretl to the Circuit. Not8 10c. There Circuit Incuff cost toward$ the remuneration and re-imbursed expensès to two trustees for Iheii empbymenl as minpslers of the Circuit. The ministers paid the minimum $tipends and a$sociated costs as presuibed by conferen. The remuneration cost5 were paKJ by the Circuil through the GonnexK)n's payroll. The was no discretionary I1 allowan approved by the [CUrt etIry. All essential expenses Incur by ministers in the discharye of It1r r86ponsibililies of their aOitment weie o-imtsursed by the Circuit. ICPD of Ihe Meihodlst chrCh Vol 2. Standing order 801 11&21, 20211. Rev Kathryn Stephens.. Stipend5 £29.04012023." .9281, Allowanr$ £3.09812023'. 2.8691. Employerfs Nl £3.18012023 2,9231, Pensicn £7,81212023". 7.2441 and Reiffjburse(J expenses £2.48512023. 2.1241. Rev Ruth JefferEs.' Stipend5 £29,04012023 26.9281. Allowances £19412023". 1761. Employer's Nl £2.77912023.' 2.5431, Pension £7,812 12023". 7.2441 Reimbursed expenses £1,28612023 1.3601. 12
Notè 11. Pri)perty makntenance Circuit Model General Trust Designatett (Unrestricted) Iunrestrlctedl lunre5trictedl Yot 2023.24 Totsl 2022-23 CoJn¢il T8y 4.084 4.410 Insurance 1,7e 1.766 2.020 Water 1,074 1.074 1.258 NArhap Eleekncity and &qs 364 l.W8 BuIng 1nsppcb.on Rwt l()JiwuÈMia inspections) RMG CPA. (>oLnd trwnagertEnt for SdIatre Mans8 174 174 142 Manse MaIntena[e 681 681 Totsl 8,143 8,143 9.419 Note 12. Conrnxlonal assessment & model trust Clrcutt Model Genoral Trust Designated Iunrestrictedl IUnre$tr6ctedl lunrestrictedl Totsl 2023-24 Total 2022-23 TrP ALtrNnistration Chwge T9111 315 315 TPP Athrinislration Chwge T16793 12 120 Total 435 435 794 Note 13. Dlstrict Assessment & Levy Clrcuit Model General Trust Designated Iunrestflctedl IUnre5trictedl lunrestrictedl Total Total 2023-24 2022-23 DSet@s8rnèn1 65,781 65,781 58.233 D15tricl I 33,732 33,732 9350 Total 65,781 33,732 99,513 67,583 Note 14. Office exp6n5es Clrcult Mod General Trust Designated IUnrÈstiictedl IUnrÈstrlctodl lunrestrictedl Total 2V23-24 Total 222-23 skBbory, CcyyiTrJ and Posl¥¥Je 15 Photocopy Lease 114 563 Bank Charges eo 60 Indepvthnl EyaFrirErs Fee$ 480 Total 654 654 1,118 13
Note 1& Other outgoings Clrcutt hkndÈl Gèneral Trust Deslgnated IUnrestri¢tedl IUnrestriGtedl lurirestrictedl Total 2023-24 Total 2022-23 Staff eyrEe5 reirrt)wseryEnts 5,446 5,196 Rent. 32 MlehtyJ$e Lwe 10.458 10,458 9,702 Pre3ckMng Expenses 192 192 381 M8trKxlsl Property Fwds 60 60 TekpM Training DS8 AKW'cation SUrY EvnseslPreQuS A5sessrwl AdJuStrrl 979 979 635 523 HR Legal (aJidawe- Rednd8Y at G8t8V Sdicitor8- Sa8 d Nèthchapel 146 146 3,267 3.7 Haw of 2nd hat¥J lapt 109 109 Addibonal transfer to tOMrd the Cc%81 of Prq)erty Lord Street 120.000 Total 20,657 20.657 137.418 Note 16. Transfer of Funds Clrcutt Modol GÈnÈral Trust Deslgnated IUnre5tricted) IUnre5triGtedl IUnre5triGtedl Total 2023-24 Total 2022-23 Transfer frotn whae1 TMCP to Circuit 42,059 Tran5Fer fr(xn WNEhapel Current A¢cowts to Circuit cu[rit [hap Chiklren Furds AC to Circuit Curr8nl 30,460 3,461 Payrnenl of Chiklren Fu5 to P8cknKxY 13,4611 Grant to Wesley I2,0} 13,1)(M)I Grsnl to Gatew (S.0) 15,IKKJI R8lum&l Grantfrom Gateway 1.407. 1,407.IX) Total 6.593 72,519 14
Note 17. TangSble Flxed Assets C051 or vaatIO PaYnt$ on FlureS, ccount and fftling5 and Assets und2r e4uSpment conStrudn To Olher LAnd Manses .e bTouthlI(d Addiliry PEvalJations l+l-I 515,L¥ 515,(K TraTrslers' {[-) Ie carried lorvArd 51S,O S15,000 C4Jmulated depreciatbn broiiglil lotvord Dekyeciabon crlor the year l.) Relaknalions l+l-I Transfers" 1+1.) 83nceCarr forrd Net book value Brcw?ht loryoid Cariipd loiwd 515.1)00 515.IKJO 515,000 515,ODO Circuit manses we 5 Saoth8cre valued al t296,{Kad Y9 wQdIan6 Grovg ¥8lued al £220,0 Nole 18. Deblors C¥cuPI Phmlel General Trusl DeskJnated Iunregirlctedl IUnreAtrlctedl (UnrestrÉdj Tolal 2W23-24 Total 2022-23 Tolal PrepaKI EXne&.. Presbyter5' $dles aThJ Ass(Kiated CosLs 7.2 7.002 6.876 VKKst Insur(% 1,670 1.670 1.9 32 38 CR4. fyoLmd mana1rn1 foi salacare 47 Tolal Accrued IDcofDe". e$snon Churches Tolal 8,754 8,52Q 15
Note 19a. Inve5tment5 Mth TMCP Clrcutt General Trust Designated Iunroslrkledl IUnr05trl¢todl Iunrostricted) Total 2023.24 Total 2022-23 Trust 9411 Cpeniru BaCe- 01109Q023 chakEI sales proceO5 110.510 110,510 236.491 152.242 152,242 Pensiffi reser refund 6,IC 8,100 Ath Trusl Inkresl 41 Ath CotTparab¥E adjustrtEnl on inleresl frotn T94T1 Inierestm Pen$itrTr refund (Wtr 41 Less DistrKI W (Wte 131 7.180 7.180 459 133,7331 133.7331 19.3SOI Less TPKP AdmiDistrabon charges {Pte 121 13151 16741 Less C051of Property w LLwd StrEI- Oaws 120.(M)D CIDsing Balance. 3110812024 244,677 244.677 110,510 Circuit mje1 Gener31 Trust Deslgnated IUnreEtricledl IUnre5trictedl IUnrestrKtedl Totsl 2023.24 Total 2022.23 Not8 19b. Imiestments wlth Tp Trust 16793. S of Land C¥8nirtg BalancÈ- 0110912D23 43,181 43.181 41,954 Add Trusl Infesl (Note 41 I.7 1.347 1.347 Less Th1CP Adninistration charges 121 120 120 Closfig BalaTr. 3110812024 44,408 44408 43,181 Clrcult Mod61 Gener21 Trust Desnated Total (Unrestricted) Iunrestrlctedl Iunrestiktedl 2024 Total 2022-23 Note 19c. Investment5 Wtth Trusi 338- John NamtI Legacy for poor )Ing Balance- 0110912023 106 Add Trust Inleresl IN(Ae 41 Closing Balancé- 3110B12024 Total Cbsi B4ance- 3110W2024 289,196 289,196 153.799 16
Not8 20. C•ntral Flnanc& Board Dwlts Clrcuit 1MIe Gerbpral Trust Desiated (Unrestricted) Iunreslrictedl IUnre5trictedl Total 202>24 Tolal 2022-23 Central FiDaiice Bank 124115 124,115 59,473 Note 21. Cash al Bank and In ha1 Circuit MDdel General T*ust Deslgnated IUnr05trfjctédl IUnTestrictedl Iunrestrtctedl Total 2023-24 Total 2022-23 Nat1 Bank 28.294 28,294 78.448 Cooperaliva Bank Charity FouDdab<N) Total 2,532 2,532 2,532 1.261 1,261 1.2 29.555 2.532 32,087 82.211 Note 22. Cradltors (duè In und•r l ywl Gpneral TTu51 Designated Total IUnrestrl¢t6dl IUnr8Strlctedl Iunrestrktedl 202&24 Total 2022-23 Accrued Fnse8- IndeFEndenl EMineeS F 480 Prepaid InC(rE- ASseSsmliS on Churches Property Fur8 hablity Cost of lithn9 Gfl ID Svrdli Baiik Stsfl th'nislers and Lay-rkerS Eynses Preachiivj Expet15ts rotal 26.450 26.41 19,308 5(X) 4.S19 4.519 3,454 91 31,949 31,949 24.373 17
- r¢(•ld •nd pws•d to Ext•mal I1tIOn. Ref14Lt 22 202>23 IUfrwd frtyn b51ye lJl¢riW'fts. pos1tt) Eknrngl CW"safon8 r• Me1 lomrd 120 ThE circuit h95 no I8nI properoes aTrJ M ¢rAnb)n 2S. L5 clr¢uitt05 no S)8n5 psythaTrJ h8s not OlAY S*
- Anlysk of r•s¢rt¢W•nd d•B5grt•d ndS.. x+24. rohr to not•21 Ckkng Baknce Fund N• Resourc Expendèd thèfund Swfor irnli¥qdL4 In Bone1n(FuThj A%4ikbl&for rwding wtreach 8TrJ Fund wjrk Furds for the Clrcutt re5wrGescentre rrf cere Totals Conwratl¥e ¢1 rI¥¢red wtd d•¥tgThatsd fvnds: 2022. 23 Incomk Clrolno Baknc• of F N•M• thvlund SLwifor iNJi%idu* in ifK re8d Altle for fj Fw Fund8 n1nSe ClrcLrfI rewjrces cer 2.532 18
Name of Clrcuit: Stoke on Trent Mlssion Circult No: 11118 DedaratlorE and Scnrtiny I corffirm that these a1$-based Jzounts for the year to 31 August 2023 have been prepared from the records of the c1u and that they include all funds urmfjer thg control of the Circull meetlng. SignatLtre of treasurer . Date...2010212025.. Name and address of the treaSUr. Frederick Sarpong BoeteThJ 16 Geneva Way Blddulph. ST8 7FE Pre8entaUon to the Circuit meeting I confimi thal the annuol report and aOunt$ for the year ended 31 August 2023 were14411>èe PTesented to the Circuit meetlng held on 25th Fébwary 2025. snature ofthe Ir of the meeting Addr8S5.' LS 19
Independent Examlner's Report to the Trustee$ of the Stoko on Trent Mission Circuit Charity Number.. 1185146 Responsibilities and basis of the report I report to the trustees on my examination of the accounts of the Stoke on Trent Mission Circuit for the year ended 31 August 2023, sel out on pages 7 10 18. As the Circuit's trustees, you are responsible for the preparation of the accounls in accordance with the requirements of the Charities Act 20111'the I rewrt in respect of my examination of the Circurt's accounts carried out under section 145 of the Act and, in carrying out my examination, I have followed all the applicable Direction$ gwen by the Charity Commission under section 145{5)Ibl of the Act. 20
Namè of Circuit.. Stoke on Trent Mlsslon Clrcuit No: 11118 Independent Examinetrs Statement The Circuit's gross income exceeded £250,000, and l am Qualified lo undertake the examination by being a qualified member of The Institute of Chartered Accountants in England and Wales. I have completed my examination. I confimi that no material matters have come to my attention in connection with the examination which gives me cause lo believe that in any material respe¢t'. the accounting records were not kept in accordance with section 130 of the Act,. or the accounts do not accord with the accounting records.. or the accounts do not comply with Ihe applicable requirements concerning the form and content of accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a'lrue and fair view, which is not a maller consKlered as part of an independent examinabon. the trustees, annual reFrt is not consistent with the accounts. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts lo be reached. I have obtained independent verification of all investments with the Trustees for Methodist Church Purposes or held in other trusts, bank balances, and funds at the Central Finance Board of the Methodist Church, which are individually in excess of £10.000 (ten thousand pounds) at the balance sheet dale. Signature of independent examiner Narne of independent examiner. . Relevant professional qualification of independent examiner. Name of firm (where approprialel.. Address.. Post Code.. Date.. 21