Circuit Accruals Accounts 2022123 THE METHODIST CHURCH REPORT and ACCOUNTS ACCRUALS BASIS for the year ended 31 August 2023 SErrLE Circuit Reglsl•red Charlty. Reglstratlon 1189053 Yorkshlrn West Dlstrlct Circult No 27121 Mlnlstsrs Rev Stephen Caddy Rev Tim Broughton Clrcult Steward8 Jeff Perris Joyce Park Margery Dowling Clrcult Treasurer Liz Whtheld Name of Gircuit CfvcJJrt No 27121 Statement of Financial Activities (SOFA) for the year ended 31 August 2023 G•w•l FWMI T￿¥t Funds 2022-23 Ino)mo .174 81,174 7 O¢her ¢haiit8t4o 8 Total Incom• 1,140 1324 Expgndlturo 9 Grants and doTr8bc 12.iy 12.000 00,962 8,S18 12 CorTrgxky￿l IDxt 13 Th'slrict Awes•￿1 & L•¥y 14 DewBe4t￿n 15 OffK• exF4Jn 18 ¢Jutqoir*J8 17 Tolal t￿rt￿bI• 18 GNm&lbs￿I on rn(ThI￿ imB1m￿ts 19 G•￿￿1￿￿¥) M kn*stmont 20 N•1 In¢W•xp•thrnl 21 Tr•n•lty¥ 22 Olh•r••knWlkx•••l 23 N•t mov•n•nt In fw 24 Total funds brtyJ8ht for¥¥ard 25fot•l lonmrd 22244 22244 10 82S5 1317 8,596 138A53 1742 418 42.969 213 415. 404J•fj m.133 1,1nJ28 415,500 371641 891,S93 1314,134 16 118.382 Name of Circuit QrrAit No 27121 Statsment of Flnanclal Actlvltles {SOFA) for the year ended 31 August 2022 Gon•rnl Tnmt F¥nd# 2021.22 Income 104258 11*208 5 Capitl Rec*ty8 6 Grarls ¥ec*w1 1,7YJ 10•,on 1.780 109.634 8 Total InGor Expendtture 9 Grnnts and 3,0 7&057 11.966 3m 3.572 14 f*p*￿tkin 15 ChMc•exwr￿i 16 Ott*r IMrtgthrvJ8 17 Tot•1 Gh•rft•bl• •xWndl￿l• 317 4381 12& 121,213 19 G¥In￿{k)sX4I on 20 N•t InCom￿l•￿P•nd1{UTr*} 21 TrnrAfern fiJ*Js 22 ot￿r galrollb￿$I .15,600 25.lY]O 11710 759.4tJ 7TI13J 24T￿al lunds t￿oUght forw•rd 25 To¢•1 121,745 882,243 91.593 I4*neefcir￿Jrt CirGuliNo Yir21 Balance Sheet as at 31 August 2023 370.&XI 175 14 5.U7 .750 7.439 Loani 2.7 842 119.400 >),124 2J.134 17IW7 16,C¢7 C¥h* 14.&93 44 1U. 16 19 22.019 ,314 t4kn2022.23 XJ11 14WJ 17mi 1,177MI iJHi Ilter mor•1￿￿ o 20#.23 13KI34 imj w F￿dI olth•¢lrcuM 1.171J2B 1.177.528 2.133 roth1F￿> 12¥.131 Settle Methodlst arcutt was entered on the Regtsterof CharTties on 14th April 2020 Charity Number. 1189053 This Ir￿ is derfved from deposlts vjqththe C￿¥1 goard ofthe Metlh)dist Church and Trustees for Methodist Church PU￿0$* The Grcuit re8TrStered wrth HMRC to daim GiftAid. Note 2 A%sessments Thetreasurws ofthe su thurthes in the lJrcult meet e￿h Febwaryto y the share for the comlng year. These are then confirmed by the Marth Orcuit Meet1r￿ butthi5 year this metting dld nottake pke and the arcuft m￿n8 a8reed to keepthe share iontribution as in the pr￿QU5YeaI. Cash recel¥ed In A(wt forthe Septernberquater ts sI￿n as a lIa￿lIty In the accounts Capital recelpts none Note 4 Grants recetved No 8rants rthved Note 5 Other charitable Income Churthes wwe Invit￿ to make a (ontrlbuth)n toa lorthe retirfng Su￿ntendent mlnlster. NotÈ 6 Grants dona￿0￿$ A 8rant of £12￿) was madet0￿1 of thechurches t(Y•ards • l￿w nM>f. Thls had Ix a8reed at the arcuk meet1￿￿ on sept￿b￿ 2019 txrt dew dueto COVID-19. Note 7 Salarles and a55(%1*￿ costs Stipends Penslon cOrtAb￿￿)r $48.80 14487.36 Employer5 Nl Apprent*eshlp le Tr￿ costs 499.42 2n).29 telephone & broadband costs tt>mputer allowances 818.22 352.IKI ￿52.12 ote8 Property Maintenan Repairs renewals Council Ta¥ aThl watèr 41&fAJ 619153 Insufance 19)7.78 s517￿1 Note 9 oirKe Expenses office supplies pastoral cards. books. *t)rship reg)urce INe streamtrwm 533.99 165.49 73933 14ote 10 Otherout8olr Ylsr(Ing preachers Westhouse & Rathmell expenses Qulnquennial inspections Mission & Outreach 518.75 4045.16 65.37 Leaving 81ft SuperfntendenV5 retr< Chapel Aid lees Mlnlstry payment (from TMCP Trust) 117.IXI 250.￿ 8254.S6 Note 11 Other gaSns lknssesl There was an uplfft In propertV*4alu*lons asth￿ wwe putonthe market Manses 22(th).iXI Churches I955(1).￿ 4155(X).(x) Note 12 Clr¢ult Manus Thls Is the assessed marketvalueof the two manses. A QualSfied su￿e￿r,s Report has been obtsined for both mertbes Note 13 Investment propertles Th1$19 the agreed sale prke forthe two ckYAd thape15. bulldlry and lan frlote 14 Debtors Stlpends, Nl & Penslons pakl In ad¥arKe nsurance paid in adv•Ke .33(#J.34 -1217.70 4518.( Notè 15 Cash at Bank and In hand A current ￿COUnt Is malntained with CAF eank Ltd. There is no &ish in hand. Note 16 Credotors Sept. quarter 2023 assessments received in ¥d¥¥￿e other costs travel exps Telephone 21455.ixj 215.44 Visiting preachers Westhouse 95.30 29.65 Office exps 93.60 22018.% Settle Methodlst Circuit Introducilon Welcome to the annual report for Settle MethcKlist Circuit, part of the Methodlst Church. We are a small circuit of six churches on the Western edge of the Yorkshire Dales. This year has brought much change to the circuit. as we have reached the end of the current ministerial appointments. Our Superintendent Minister since September 2018 retired at the end of Au8USt 2023 and the other minister accepted a re-invitatlon to continue in the Circuit for a further two years. A decision was made and agreed to seek the employment of lay support staff by the Orcuit and these will be recrulted from Ortober 2023. covering administration. finan￿ and misslon enablement work in our churches. Both Cuffent manses are up for sale and a new manse identified. which will significantly reduce potential maintenance work on the existing propertles. The new manse will be purchased using a bridging loan from Methodist Chapel Aid. which has been approved though not drawn down. The Circuit churches have continued their emergence from the pandemlc and have returned to a more regular pro8ramme of community engagement, home groups and ser4lce pattem& Alms and Organlsatlon The Circuit Mission staternent is: To brin8 people into a relatlonshlp with God through faith In Jesus Chrlst To nurture them in that faith and encourage discipleshlp To seek to deepen our faith through worshlp, fellowship and service To ￿lebrate the gifts and ministry of the whole people of God and to nurture the frult of the life of the Spirlt In our everyday lives. Each church offers a weekly Sunday Servi￿ except Newby where servlces are fortni8htlv. The Circuit provldes a weekly online service which is also open to others to access. Brlef flnanclal reylew of the year Income trends Clrcuit income is primarlly drawn from the assessment paid by the slx circuit churches. We currently have two church properties on the market, with offers accepted on both and contracts bein8 agreed. as well as one property where we are currently seeking planning pemiission for change of use prior to marketing for sale. As indicated above, we also have our two existln8 manses for sale one of which is sold subject to contract, whilst the other is 5ti11 on the open markeL Expenditure trend5 Stipend expenditure has increased each financlal year in line with conference approved increases. 16.76% of expenditure 15 the Circuit contrlbution to the District annd Connexlon, of which a significant part is used to fund the work of the wider Methodist Church. It is expected that ongoln8 employment Costs for the lay employees Wbll matth the previous cost of a second minister. so no significant cost reduction or increase is anticipated. The clrcuFt has borne the cost of insuring and maintaining empty chapels and manses over this year and this will continue, though we expect the costs will be recovered OTh￿ the properties are sold. Fund bolonces As at 31 August 2023 the net current assets of the Circuit We￿ £103,635, giving approximately 9 months cover for expenditure. Plans for 2023124 Circuit fsnancial plans for the comin8 year have been prepared on the basls that we reduce to one full time ordained member of staff with anticipated cost of living stipend increases. The Yorkshire West District has agreed an increase of 6% for this year. Two of the six Circuit churches agreed a reduced assessment for this year due to a si8nificant ￿dUctIon in income in one church and a major roof repair project in another, with four churches agreeing to continue at Pfe•pandemic levels. It is expected that all six churthes will be able to pay a full share of the assessment next year. Basls of pveparatlon and legal framework The Charivs annual report and accounts for the year ended 31 Au8USt 2023 have been prepared in accordance with the Charities Art 2011 and the Charities: Statement of Recommended Practlce 2015 as applicable to the Financial Reporting StandardlFRS) 102 Full Nome of Charity.. Settle Methodist Circuit Registration Charity Number: 1189053 Date of registmtion 14th April 2020 Main communlcotion oddres5: 5 Moons Acre, Bentham. Lancaster, LA2 78Llwlll tha￿¢ from SepL 20231 The members of the Settle Methodist Circuit meeting are the Charity Trustees, membership belng made up of circuit office holders, ministers and representatlves appointed by the local churches. Full membershlp is shown 35 Appendix A to this report. Clrcuit Ministers ond officers 05 at 15tSeptember2023 Active Circuit Minister Rev Tim Broughton Circuit Lay Workers n/a Circuit Stewards Mrsjoyce Park Mrjeff Perrls Mrs Margery Dowling Administrator none Name of treasurer who acted as the principal officer fftrseeing the day-ttrday financial management and accounting for the circult during the year: Mrs Liz Whitfield Independent examiner: Mr Andrew Wright 3 Meeting House Row Wray Lancaster LA2 8QN Investment Bankers Central Finan￿ Board of the Methodist Church Trustees for Methodist Church purposes CAF Bank Ltd Bankers: Alff￿ and orzanlsatio Charity objective is to act as a Resour￿ provider within the area around Settle, Bentham and North Craven for the Methodlst Church: The purposes of the Methodist Church are and shall be deemed to have been ￿nce the Date of Union the advancement of: al The Christian farth In accordance wlth the doctrfnal stsndards and discipline of The Methodbst Church: bl Any charitable purpose for the tlme being of any Connexlonal, District. CIrcU￿ local or other organi5ation of The Methodist Church: cl Any charitable purpose for the time bein6 of any society or institution subsidiary or ancillary to The Methodlst Church- dl Any purpose for the tlrne beln8 of any charlty beln8 a charlty subsldlary or anclllary to The Methedlst Church includin8- The organtsation and resourciTrd of regular public acts otwor5hip open to members of the thurch and non members allke. The teachlng of Chrlstianlty throu8h semons, courses and small groups. The resourcin8 of pastoral work includln8 v151tln8 the siL* and bereaved. Takln8 reli8ious assemblie5 in local schools. Promotlon of Chrlstlantty through the staging of events and ser¥lces. Provtslon of chaplalncy servkes to the local uni¥trslty and other Instltutlons. Publk Benefft We confirm the trustees have had regard to the Charity Commlssion's guldance on public benefit. Structure, Governance and Management The governlng document for the circtslt Is the Deed of Untofi (1932) and Methodist Church Act11976) Detalled governance arrangements are outlined within the Constitutional Practlce and D15clpllne of the Methodist Church by order of the annual conference ICPD). Day to day management of the circuit is undertaken by the Clrcult Leadership team along with the Local Preachers meetin& the Circuit Finance and Property Committee Tnthe Tralnlnl A range of 8uidance produced by Methodist Connexion to support the effectlve running of the circult, specifically the leaflet The Role of a Trustee in The Methodist Church, is 8iven to all new Circuit meetln8 members as induction to their role as trustees. Related Partles The Circult is part of the Yorkshire West District and is also accountsble to the Methodlst Conferen￿. The following Methodist Churches are linked to the arcuit:_ 8entham Burton-in-Lonsdale Hellifield In8leton Newby St John's. Settle Rlsk Management The major risks have been identified and recorded by the Orcuit Finance and Property Committee with professional advice taken as required. There is a regular annual review Pro￿$$ undertaken and recorded. Income and Expenditure is being monitored in total and Is compared with the approved annual budget on a half yeady basis to detect trends as part of the risk management process to avoid unforseen calls on reser4es. Safeguardlng Every person has a value and dignlty which comes directty from the creation of male and female In God's own Image and likeness. Christians see this potential as fvlfilled by God's re4JS*.... LO￿rty.......LA *J.eA.S...(.£.Q.... Post Code..LA.z...%QLI Presentstlon to the Clrcult rneellng I Confi￿ that the annual ￿pOrt and accounts for the year efKled 31 August 2023 w•s•lwill ' be presented to the Circuit meeting held on: . 2nc4..0 ckokwr 2ts43 s￿nature of the Chair of the meeting". Name of the Chair of meeting". ... Independent Examine￿3 Report to the Trustees of the . Circuit 118qos3 Charfty Number .. . Rosponslbililies and basls of report I report to the trustees on my examinalion of the accounts of the ... ￿ e Circuit for the year ended 31 August 2023 set out on pages ... to As the Circuit's trustees, you are responsible for the p￿parats.0n of the accounts in accordano wrth the requirements of the Charities Act 2011 (Ihe ACV). I report in respect of my examination of the Circuiys accounts carried out under section 145 of the Act and, in carrying out my examination. I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. . delete or cirde as appropriate Sg-l f LC Nameof GirGUIt.....,,,,,,,,,,,,,,,,,,,.,,,,,,,,,,,,,,. Independont Examlnerfs Statement . Delete [ ] rfnot applicable. I have completed my examination. I confimi that no material matters have come to my attention in connection wrth the examination (other than that disclosed below.) which give me cause to believe that in, any material respect: the accounting records were not kept in accordance with section 130 of the Act. or the accounts do not accord wth the accounb'ng records. or the accounts do not comply with the applicable requirements conceming the fom and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a Irue and fairf view. which is not a matter considered as part of an independent examination Delete rfnot applicable i.e. all R&P accounts the trustees, annual report is not consistent with the accounts Delete rfnot applic8bl8 i.e. all R&P accounts. I have no concems and have corne across no other matters in connection with the examination to which attenlion should be drawn in this report in order.to enable a proper understanding of the accounts to be reached. I havelts4¥trrot" obtained independent verification of all inveslments wrth the Trustees for Methodist Church Purposes or held in olher trusts, bank balances and funds at the Central Finance Board of the Methodist Church which a￿ individualty in excms of £10,000 (ten thousand pounds) at the balance sheet date. S￿nature of independent examiner Name of independent examiner: .... Relevant professional qualificats'on of independent examiner. ...... Name of finn (where appropriate): ....... Address: ... . delete or cirde as appropriate