Settle Methodist Circuit Introduction Wld¢om¢ to t￿ annual report for the Settl? Methodist Cirujit, part of tho M•thodi8t Church. Vve aro 8 8m811 clrcuit of slx churches on the Westgm of thè Yorkshlre Dale8. This h88 been a year of trarntlon from one organisation Strudure to anothèr. In Augu8t 2023 our Superinterthnt Minister retired and our current Superintendent took over as a slngla Station ¢ircuit. Agreement had iyoviously been glven to recruit lay Staff to 8UPPOrt the ministerial role8 and this recruitment Fyocess began In the summer of 2023. We appointed a Finance and Administralion Officer in Autumn of 2023 and two new part time lay Circuit Mission Enablers to Support the work of ministry in the thurche8 in the Summer of 2024. Both of the 8x18tlng cIrc￿t man8e8 wero 801d arKI a new wrchased. th18 completing in March 2024. A kxidgiTvJ loan from MethtsJl8t Chapel Ald hel￿d to facilltate the purchase, whlch ha8 been fully repaid foll(MirwJ Ihe 8ucc888ful cOM￿et10n of both exi8tiNJ m8n889. It ig expected that the new man8e. vthich is a new build woperty In Settle, ￿11 81gnlfi¢antly rethKe ¢08ts ond mainten•)ce ovwheads. Church•8 continued their pattem8 of rngular •wvk*8 and hom• grow a fow outreach activitie6, though the￿ are pIar¥￿￿ to dovelop more fulty a8 tho now Ml86ion Enabler ro108 take full effecL Alm• and Oryanl•all¢)n Thé Clrcult M1881on stataff￿ I&. To bring people Into a rnlatlon•hlp w5th God Ihrw falth In J••u• Chrl8t To nu￿re them In that fath erKoury di8clp108hlp To 80ek to deepen our farth throuth wx8hlp, fell¢A¥8hlp and Sor￿¢4 To ¢e18brate the 9th and mln18try of the whole pooplo of God and to nurture the frult of the lrfe of the Spirrt kn our everyday Mves. Each ehurch offers a ￿ Sunday Service ex¢efv* Newby where services aro fortnightly. Plam lor 2024125 We are looking forw¥d to seelng tho th of LXK Clrcuft Ml88bn Enthrs 8pra•J and grtr throughout the crcurt. We remaln focus&l on en￿ra91¥a all our Chu[d￿ lo bec(￿ Eco Churches. Rev'd Tim BroLKJhton is due to take hij wvwJ 2025 Brlof IlnarKknI of th• y•ar Income tr&nd$ Circutt Income has been prlmarily dra￿￿ from the assessment paid by the stx Cir￿ churches. This year ￿ had a signtficant incxmne from woperty ￿e8. arKJ we current have one more thurth proK*ty on ltr￿ market. Expenditure tre Due to the reduction in minlsters the stipend exwndiiure has faHen Ixrt tt ￿ exFeCted that ongoing emI￿OyM6nt C08ts for the lay em￿0Y￿•S *ryll match Ihè previous cost of • 8econd minister. The dr￿lt has b(rn the colt of in8urrg 8md maintainiTrJ empty thapel8 and man888 through this year until their 8ala the c4J8ts related to 8ett'Fng up the now man8e. The Cirwit contr1t￿lon to our District wa8 18.76% of expanditure. this Is u88d to fijnd the Di8trka and the work of the wider MOth(MJ￿1 Church. Fund balances As at 31 August 2024 th8 n8t ¢urr*rt a880ts of the c¥￿It £368.887. gMrKJ approximately 31 morrth8 o)ver for expendltur•. The Charlty'8 ￿r¥jaI arKI accounts for th8 year ended 31 Augu8t 2024 have b￿n epared In accordance wlth th•Charrti88 A¢t 2011 and the Charltles: Statement of Recommendad Practice 2015 a8 applk¥ble to tho Flnandal ReptytirvJ Standard{FRS) 102. Full Name of Ch•rty: Regi$tratlon Charlty Numbor. Date of registration Maln communlcation addre88: Settle Mèthodl81 Clrcult 1189053 14th Awil 2￿0 8 Iwd Lane, Setde. North York8Nre. BD24 98A memberg of the Settle Methodi8t Circuii m¢etirKJ are Charity Twstees, membership being made up of circurt office holdws, mlni8tor8 8NI repre8entthe8 appolnted by tho local C￿r¢he&. Full membwshlp is 8ho*T) a8 ApFendix A to th18 rewt. Qrcuit Minist8rs and offAxf8 88 at 1st September 2tr24 Superintendent Mln18ter Revd TIM Bwhton cIr￿lt Lay w￿r3 Mrs Ch8vonne Wrynack- Mission EnatAer Mr• Niwla Fabr4tt- Ml881rm Enal Circult Stéwards Mrs Jtrrfce Park Mr Jeff PerTr6 Mrs Margery D(Tr￿1n9 Administrator Name of treasurer who a(*ed a8 th& Fxlncipal officer overseeing the day-to4ay ffinancial managem&rt and accounting for ts cir￿lt durirYJ the yw. Miss Lucy Atkir6on IrKleperKlent examiner. Xein&Jin Dalton Hou8e 9 Dalton Square LA1 1WD Investment Bankern: Central FInar￿e Board of the M&h(xll8t Church Trustee8 for Methodist Church purFL)888 Banker8'. Alm• and ory•nl•atlon Chwlty objectlve 18 to act as a re8(MJrce wovider wlthin the area around Settle, 8entham Qnd North Craven for the Moth(Klrt Chun*: T￿ purpo888 of the Methodl8t Chur¢h we and shall bo deaméd to have béon 8ince the Date of Union th8 advancement ot. a) The ChrK8tian farth in ￿)rdanc0 wlth the dC*trw￿ 8tandards and di8ciplino of The Methodist Church. b) Any charitable purp080 for the timo b8lng of any conn￿￿n41, 018trlct, Clrvjlt. locol ¢x other organMatK)n of The MethcAIi8t Church: ¢) Any ch8rltat40 purFrf)88 for th8 tlme ￿lI¥j of any or In8Ututlon 8ub81diary or anGillary to Th8 M8thcx1181 Church. d) Any purp08e for the tim8 belng of any ¢*arlty belng a charlty 8ubBidlary or ￿¢111￿ry to Tha Methodist Church including: The ￿anIS&tKln and resourclng of regulor pubuc act8 of worthlp open to m8mbarn of the church and noTrm8mb8r8 alike. The teachlng olchrtstlanlty through 8WTThXf6, t￿1888 and 8mall gfOUP•. The rewJrGlng of pastoral work including visiti￿ the and bereaved. Taking relyious 888emblle8 In local 8chool8. Promotk)n ol chr￿tL8n1ty through Ihe 8tgglng of everrt8 and 8er¥lc88. Prov18ion of ¢haplainGy twvk•8 to the local uriw8ity and othor Instiiulions. Publ1¢ B•n•fft We confimi the tru8tee8 had regard to tho Charlty Commlsslon's guldance on wblFc benefft. Th8 goveming dowment for the CIr￿tt Is the Deed of Unlon {1932) ond Method18t Church Act (1978) Detalled govemance arrangements are ouuined within the Constituiional Prath(x> arKI D18dpllrn of th8 Methodl8t Church by order of annual conference (CPD). Day to day management of the circuit is urxlertth by the Circuit Leadership Team along bvith the Local Preathws ￿e01$n9. Trth Tralnlng A rarw of guidan￿ woduttd ty Methrmjtst Conn8xion to supwt the effective nJnnirvJ of the circutt, Specif￿lY the leallet Th Role of a Trustee in The Methodist Church, 18 gIV￿ to all Circuit meetiNJ nwnbers 88 induclion to Iheir role as trths. R•knt￿ Partl•s The Circutt Is part of th8 Yorkshire ￿ Distrid and is also accountable to the Methodi8t Conference. The followiro MetrKMJist chur&￿ are linked to the circurt: . Bentham Burtofvi￿L0n9da10 H8llifi•ld Inglelon St John'8. Sett Rknk Manag•m•nt The major risks have be•n Identified and by tho Clrcutt Leadw•hip Team wlth professional advice taken a8 required. Thare Is a regular annual revlew FYoce88 Ur￿kan re¢(K￿. Income and Exp8ndltura Is being monitryed in totd and is compared vlth the apwoved annual bLKlget on 8 haff yearly bas18 to doted tr￿d8 a8 Wt of thè rl8k managern￿ proc88S to avoid unforeseen calls on reserm. Safoguardlng Every persm ha8 a value and dlgnty Comes dlredty from the crnatlon of male and female in God'8 image and lihnes8. Christian8 8ee th18 Wtentlal 88 fumllled by God's rewcreatlon of u8 In Chri8t. Amory other thing8 th1B Impl￿ a duty to value all people a8 bearing the Image of God arKI therefore to WOt￿t tI￿rn from hann. Methodist COnneX￿nal practKe oU￿1n8$ ￿nIn11n￿nI tr) the folkwang F4lnciple8.' The care and nurtur8 of. and respedful pastoral ministry with, all chlklren, Y￿ng people and adult8 The 88feguarding and prrtedlm crf all chlldren. young peot4e aTrJ •Julis ￿en tt are vulnerabl8 The 88tabli8hing of Safe. ¢atlrvJ communiiies which Frnide a lovSTrJ envlrorThant where there18 Irrfonl￿l vlgSlance 88 to tho danger8 of abuse. We wlll carefully 80le¢t arnl traln all tho80 with any re8pon8lblllty wlthln the Church. In Ilne wlth Sth Re¢rultm8nt ￿nCipleS, I￿lUdIng the u88 of criminal records disc108ures and registratx)n with the rebvant vettlng and barrfng scheme8. Wo will respond wrthoth d8* to every complarf whth suggests that an adutt, chlld or young person may have Ixen harmed. cooperatlng wfth the pollce ond local authorlty In any Inv8stlgation. We wlll seek to wwk with anyone who ha8 8uller•J abu80, deveknpl￿j wtth them an appropriate. mlnistry of inforTh￿ pastoral ￿re We will seek to ¢hal* any abuse of e8pedalty ty in a po8rtion of trust. will 8eek to offer p88toral care and support. includlng Supervision and referral lo the proper aUth￿Ille9, to any member of church w)ynunty knchvn to have offerKled against a chikl. young per80n or vulnèrable adult. In all these winciples ￿ will follow legislation. guidarta and r8cognis8d good praL#ice. The Settle Circ￿lt commits itself to erffjuring the IMpkn￿tatiOn of Connexional Safeguarding Policy, govwnm8nt *i8lation. guidanee 8afe FnCti¢e in the circ¥Jlt and in chur¢*￿. The Settle CirGUit commits itself to the provision of supwt. advice and training for lay and ordalned peop16 that ￿11 engJre peoF4e are clear arKI corffident about tt￿1r roles and resp)rAknlities in satsJuarding arKI promotirKJ ts welfare of chiklrèn and adults vtho may be vulneratA8. ReMrv•• Pollcy The Re88N88 Policy for tha Clramt is 8hMI aj ApperK*'x B to this reporL ull JoJr• P*k Lucy A*kkn￿n Ju(¥th ￿1•hO1 Manwrgh Rkn)wd PM• S". PP•T•fv* RESERVES POLICY of Settle Clrcult Meetln Gengral Funds hekl at YE 3110812024 £369,531 (£1,188,531 le&8 R•8trlcted Funds held £676 Endowmant Funds held £NIL RO￿rveS pollcy for G•nwal Fund• The clrcult rnservos pollcy is to maintain gènéral r8serv8s of at18ast 33% of nomal r8venue expendlture. The aGtUo1 ralo at AU￿ 2024 wa8 30T/D sum of £369.531 ts)mprf808 £30,671 held loc¥ly and £338.860 h tho Mod81 TN8t Fund. Commltted eXpendI￿re 8t 311081202418: £40,760 to FKovide 4 months, running costs £100,000 to support the Circulvs for8castsd deftctts for the next 5 years of approx. £20,000 per year. £10.000 to allow for grants for church projects and missi(Jn wcffk £16.665 towards M¢)del Trust Fund lthy. whlch yr• 6 Total In¢om• 89.174 27.114 ,174 393,394 5,750 $.750 Js Exptrndlturn 9 Gr•nts •nd tJon•1￿& 10 S•lW*• and AwK4•t•l cc•ts 11 Property m8iDieno 12 Can￿¥￿)nal¥S8OsIm￿ & Ifwi*•¥ 13 DI1￿¢t A•5￿m*￿ & L 14 D•prn08t￿n 150ffic* oxp•ng le0t￿r ouloor4 17 Totsl Gb•rftabh •xp•ndliur• 18 G•in¥lk4s¢sl mcfi&lory hyosthxnts 19 GaintsllkwMI ￿ ￿¥8$1￿1 VOF•rb 20 N•¢ In¢•m•ll•xp•ndlturnl 21 Tr8n8fern bethtyeen fuTh18 22 Olh•i g￿n￿(lOu•*I 23 N•t mov•m•nt In lund 24 Tot81 tur￿6 breuohl fowrd Tot•1 fvnd• eArrl4d torw•nl 74 Y).819 ,214 >).019 94,652 94.852 io 4,194 16.852 140,6•• 4441 16,8S2 235,$98 17.677 268.2&2 12 341.5 2021 1.177.$28 843 1,284,134 1 147 887 Name of circ￿¢1 Cirojit No 27121 Statement of Financial Activltio8 (SOFA) for tho year Ortd￿ 31 August 2023 IAod•l O••bgn•t•d Fund Tr￿t 2D22.23 Inc¢)m• l D￿al￿n￿ana 2 Incomaliom monatary In¥48￿rts 3 Irwme Irorn Ywesbrnnl properb•B 4 A6￿8$m80￿ ￿ Chui¢r*s 5 C8prtal Recelpts Gr3nt8 recwved 3.150 19.174 19.174 Totsl Incom• 93.494 Expondlturo Grants and d0t)a1￿• 12.000 12,QOQ 10.9fj2 11 Prop•ty rMint•ThBnc• 12 Connexlonal asses6menl & 13 DIJMctAsM￿rn•nt & L• 14 Dspify¢l•trJn 15 Oftice •xp•nse• 18 Other Ou￿OIng$ 17 Tci•l ch4rltsbl• •xp•nd 16 GaThllloMe•l on rTr)rrt*ry kn¥HtrnBnty 19 Gakns1{low31 on Investrnent ppjpprb 20 N•t l*¢om•ll•xp•ndknrnl 21 Tr8n8tsr• Dehyeen rums 22 Olh•F gainUlkn8M$l 23 N•t mov•m•nt In 24 Total funds brouohiforw810 Total fund• carrl•d tOP•Ard 518 JhO4 , J.404 73• 8.591 156,4JJ 13&TOB 1742 42.gsg az,46a . 41S.$00 396 yr2.133 aj 415.SOO 110.382 201 B91.593 Name of Circuf( SETTLE Circuit No 27r21 Balance Sheet as at 31 August 2024 tr￿nd cIrc￿ Ib>J•l Tot• F￿¢ Pund• Fund* Aed A35• & E 13 14 790.C 370.500 Invq*bnDni 15)r I50￿0 1,1•0.690 CuTh•ntA¥v 15 4560 Ine CY¢un ¥estrrwrts vlth TMCP C*ntr41 FI￿￿ Bow 2750 OTO 29.799 30098 403.•92 16 12fj.1$3 ¢r•41tcrtlOuO i y lbk*￿Nn 2022- 17 35 105 JS.1 22 011 1.117M17 l￿0t•fnI Il•b¢lhl dv* *fttrm•r•th•n • Gr•nts •bl•wlqrZ022 13 LOAn$l0 IM t￿tyjIt oi JJ•*o 471 Pund• ol tm c￿¢￿11 G•nw Fwill unn￿￿1•) CArcun Moovl TMI ur￿11￿¢1•0 n•t•d Fundi 1 177 028 I.￿3.•92 142 Restdued fLTrJS EnoLVdmert F 07J J61 I.IB7N7 &9nwJ Q"rctyt Trta•wef Settle Methodist Circuit Notes to the accounts for year ending 31 August 2024 Basi8 of accounting and accountsng policies Accounting standard The financial statements have been prepared in accordance wrth Accounting and Reporting by charIt￿s. Statement of Recommended Practice (SORP) applicable to charrties preparing their accounts in accordance wth the Financial RerM)rting Standard applicable in the UK and RewbliG of Ireland (FRS 102) (effective from October 2019) - (Charities SORP {FRS 102)). Public benefrf entty The Circurt is a public benefit entity under the definition in FRS 102. Assels and liabilities are inrtially recognised at historical cost or transactjon value unless otherwise stated In the relevant accounting policy note{s) below. Basis These accounts have been prepared on the basis of historical cost except that investments are shown at their market value at the end of the year. The accruals basis has been used to Show a true and fair view of the Circuii's financial position and activities. ontent The financial information presented is relevant, reliable, comparab16 and complete. Where estimales are used these are based on experience, research and judgement. The account8 are expressed in £ Steding, rounded to the nearest pound. Going Goncem Based on the monetary assets and human resources available al 31 August 2024, the trustees believe that the Circuit is a goirKJ concern. Income from monetary investments This income is derived from depostts with the Central Finance Board of th8 Methodist Church arKI Trustees for Methodist Church Purposes. Assessments Cash received in August for September quarter is shown as a libilty in the accounls. Caprtal receipts Relates to the sales of redundant properttes and the purthase of a new manse. Figures are recorded net of soh'citorslagents fees and CPF Levy. Chapel Aid bridging loan Balance from sale of two manses and purchase of new manse Rathmell Methodist Chapel £ 27,114 £ 15,023 £ 110.317 £ 393,394 Other charrtable income £250 was received from the sale of items no longer Suitable due to the Ghange of manse. The remainder was refund5 received from utilities and insurance premiums following the sale of properties. Grants and donations A donation was made for resources and advice provided to our Circuit Mission Enablers. Settle Methodist Circuit Notes to the accounts for year ending 31 August 2024 Salaries and associated costs Stipends Pension contributions Employers Nl Apprenti￿ship levy Travel costs Telephone & broadband costs Computer allovMn￿S £ 48,876 8,243 3.856 358 2,817 870 £ 65,214 Property maintenance Repairs & renewals Council tax & water Insuranc8 £ 22,376 3.330 5,113 £ 30,819 Connexional assessment & model twst levy Model trust levy CPF Levy on Westhouse CPF Levy on Rathmell 2,149 £ 72,376 £ 20.127 £ 94,652 10 Qffsce expenses P06tage Officè supplies Pastoral cards & worship resource3 Zoom Employee equipment Independent Examiners fee 670 187 1,907 1,320 4,194 Other outg¢ing8 Visiting preachers Westhouse costs Mission Y￿rk Quinquennials Rathmell costs Burton costs Moons Acre costs Misnisters moving costs 1.328 577 2,312 960 2,778 982 3,391 4,524 £ 16,852 12 Other gainsllosseg Four properties were Sold during the year, Iwo redundant churches and two manses. A new manse was purchased arKI one further empty church property was valued and put on the market. Westhouse MethcKlist Church Ingfield Lane Manse Penyghent View Manse McKJns Acr• Manse Rathmel Methodist Church Revaluation of Burton Schoolroom -£ 254.000 £ 669,000 -£ 395,000 -£ 395,000 -£ 116,500 £ 150,000 -£ 341.500 S8tt1e Meth¢)dist Circurt Notes to the accounts for year ending 31 August 2024 13 Circuit manses & equipment This is the purchase price of the new martse. purd￿s￿ February 2024. 14 Investment properties This is the assessed market value of the empty schoolroom property. A Qualified Sutveyorfs Report has been obtained. 15 Debtors Insurance paid in athlance Deposit for Mission event Stipends, Nl & Pensions paid in advance 50 3,663 4,560 18 Cash at bank and in hand A current account is maintained with CAF Bank Ltd. There is no cash in hand. 17 Creditor8 Church assessments received in advance Stipends, Nl & Pensions Travel expenses Telephone Property maintenance Office expenses Mission work exFenses Independent Examiner8 fee £ 26,344 482 558 233 5,615 254 299 1,320 £ 35,105 Name of Circuit SETfLE MEfHODIST CIRCUIT No." 27r21 Declarations and Scrutiny I confinn that these accwals-based amnts ts the year to 31 August 2024 have been prepared from the records of the Circuit and that indude all fvnds under the ￿)ntrol of Circ4Jit meeling. Signature of treasurer.............. Date. Name and addre&8 of treasurer. Mts8 Lutry Jane Alkllison. lQ"Inbrook, L(xv Bentham Road, High Bentham, Lancaster Post Cod8: LA2 7BP Pr•sentation to tho Clrcuit m•ellng I confirm that the annual report and accounts for the year ended 31 August 2024 were presenied to the Circurt meeting held on: ThU￿laY 27th Febw 2025 Signature of the Chair of the meeting.. Name of the Chair of the meeting: Revd Twn Broughton Independent Examinevs Report to the Trustees of the Settlo Method18t Circult Charlty Numbw. 1189053 Ro8pon8lbllllle8 and ba818 ol report I report to the trustees on my examination of the accourrts of the Settse Methodist Circuit for the year ended 31 August 2024. As the CirCu￿S trustees. you are responsibte for the preparation of the acGounts in accordano wilh requir￿￿ of the Charilies Act 2011 (Ihe Act'>. I report in respect of my examination of Circuiys accounts carried out under section 145 of the Act and. in carrying out my examination, I have followed all the applicable Direclions given by the Charity Commission under section 145(5){b) of ts Act. Name of cir￿￿. SETfLE METHODIST CIRcurr No.- 27r21 Independent Examinerfs Slatemont The Circuifs gross income exceeded £250,000 and l am qualif￿d to undertake the examination by being a qualffied member of.4W.Whi•r4... ¢fr..o4184. a￿..￿T1￿￿..￿£￿I￿irl14r￿. I have completed my examinatK)n. I confimi that rK) rnateri81 matters have come to my attention in connectson with the examination (other than that dKlosed below.) whKh give me cause to believe that in. any material respect: the accounting r8cords were not kept in accordan￿ with seclion 130 of the Art or the accounts do not accord with ￿ accOUntir￿ records" or the accounts do not comply with the applicable requirements con￿mIng the form and content of accounts sel out in the Charities (Accounts arKI Reports) Regulations 2008 other than any requirement that the accounts give a true and fairf view. vknich is not a matter con8idered as part of an independent examination the trustees, annual report is not with ts accounts I have no concems 8nd have c(Th across other mattefs in connection the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. I ha¥elhave nor obtsined independént verificatiM of all investsywts the Trustees for Methodist Church Purposes or held in other trusts. bank balances and funds at the Central Finance Board of the Methodist Church vknith are irKIivKlually in ex(x8 of £10.000 (ten thousand pounds) at th8 balance sheet date. Signature of independent examiner Name of independent examiner. ..... .. .. Relevant professional qualification of indeperklent examiner............... .............................. Name of firni (where appropriate): ... Address.. Post Code.. ￿￿1.¥5￿J.f> Date.. ......... . delete or cirde as appropriate