Charity rnglstratlon numbor 51B173 (England and Wal¢s} THE SUPERINTENDENT MINISTER'S TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 w'j xeinadin
THE SUPERINTENDENT MINISTER'S TRUST LEGALAND ADMINISTRATIVE INFORMATION Trnste05 Rev J M Townley Mr N Wright Rev P Godfr&y Rev D Cronin Mf J Carter Mr S Megrèth Charlty number (England and Wales) 518173 Prlnclpal addréss Kin9SW(N)d Estale Brilannia Road Brisiol Swth Gl(YJc8Steh1re England BS15 80B Independent •xamlner Xeinadin Dalton Hw5e 9 Dalton Square Lancaster Lanca5hiro United 'wOM LAI IWO Bankgrs HSBC Bank PLC 49a F15her9a Pieslon Lancashir• United KIOrn PR1 8BH
THE SUPERINTENDENT MINISTER'S TRUST CONTENTS Page Trvslees, report Indèpendent examinerfs report Sklemenl ol financial activilies Balance shoet Notes to financial statements 7-15
THE SUPERINTENDENT MINISTER'S TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 The trusteas present Ihèir annual ptsrt and financial slatents for the year and¢d 31 Decerthr 2025. Tha financial statements have been pPa in accortlanca wilh Ihe accounting pol15 Sel out in note 1 lo the financial statements and comply with the charity's goveming documenl. the Charilies Act 2011. FRS 102 Tre Financial Reporting SlarKlard applublè in the UK and Republic ol IreLqnd- and the Charities SORP "A£counling and Reporttng by Charities.. Statement of RecOmnded Pradice applicable to charities preparing their accounts in accordance with Ihè Financ4al Reporting Siandard apttble in the UK and Republic ol Ireland IFRS 1021". Objeclivès and activities The charity is the Uniled Kingdom denominational headquarte¥s of The Free Methodisi Church in the united Kingdom IFMCUKI which is part of ihe Fe methlist Church of North Ameri¢a, and the objed of Ihe charity 15 to lurthar Ihe ligjuS and charitaUe WO of FMCUK in att(wdance wilh the doctrines. polioes and procedures ol the church as set out in the laiest Book of Discipline12019). There a thirty three churches in Ihe UK & Ireland Annual Conference. Induding one affillated church, four in Northem Ireland. and ono in Iland. PublK bon81 We hav8 wrved both the local and Yr1dlde MMunity in both direct provision ol te8ching lor th8 personal and spiritual dtrvelopmenl and wgllbeing ol any individuals who seek it, arKI in facilitating our member chLtrches lo sirnilarfy provide that communrty benefit. We have prov¥Jed sKJnificanl funds for overseas devoloprnent. the relief of poverty, and in generally improvin9 the health and wellbeing of those seeking our help. Our member churchès are also trncouraged 10 send funds to Suitable oversèas projects. Our office opefate$ as a hub, resourring churchès 10 assist them in meetif¥J their charitaNe obieclives. and advise them on malters of church govemanca. The trustees confim th8t they have Cornpld with the requ1ments of sectson 4 of the Charities PLt 2011 to have due regard lo Ihe public b8nefit guidance published by thè Charity Comm¢5sion for En913Thl and Wales. A¢hl•v•ments and porformanc• Sffgnificanl acliwiliès and achievemènis agast obiedwes Flnanelal r•vl&w ReseThes policy In accordance the guidelines issued by Ihe Charity Commwioners. the level ol r&sèrv•s 15 considarèd and rewewed al regular inlervals. The ¢w51ees have adopied a poficy io ensvre sufficient serveS are maintained and that there are adequa¢e funds to ènsure that the charity is able lo meet all current and known futufe liabilities wlhin Charity Cornmission guidelines. Free ieserve5 hetd at the year end are £388.711 (2024- £387.1071. Pnncipol fvnding sources Income is mostty tjerivèd from free wll gtfts made to the church by church members and Oiher interested individuals. logelher with conlribulions by mèmber thurthes. some of whth is designated lo specthc &guses. The trustees del¢9ate day to day finan¢4¥ conlrofs to the Board ol Admini5tratKJn who operale wilhin an agreed budget. The board. by virtue of the regular board meeliNJs. constanlty scnJtini$tr the finances. make judgements and esltmales relating to available lunds and appropriate allocatKJn of Ihese funds. The charity had an overall surplus ol £12,897. The trustees. ihrough the Treasurér. keep appropriat8 crdS which fully satisfy Ihe legal requirements placed on steeS. The attached accounts show the current state of the finances. which the trustees consider lo be sound. Ovèrall income for the charity was £332.072 expenditure of £319.175. The expenditure not budgeled for has been rnel from general feserve5. The truslees are satisfied thal the assèt5 01 the charity are available and adequate lo fulfil thg obligations ol th8 challty.
THE SUPERINTENDENT MINISTER'S TRUST TRUSTEES. REPORT ICONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Strudure, governance and rnanagernent The chaiity is controlled by its governing docuffent. a deed of trust and constilutes an unincorporated charity. This charity's goveming instrument is a Charity Commission Schemè dat8d 9 January 1984, aThJ amended by Ihe Trustees on 15 October 2009 wth the conseni of the Chawity Commkssioners. The goveming inslrurnenl does not trnP05e any specific reslyiclions on the way the charity can operdte and bestows full powers on the trustees In latIOn to inv8slrnénts insolar as Ihey do nol contravene Ihe Trustee Act 2000 with regards to investment powe¥5. The Trustèas ar8 assistad in their management ol the Charity by a Board ol Administralion who are appointed by the rnembers at the Annual Meetiro. made up ol dergy arKI lay membets. who generally meet quarterfy. The lollowing indNiduals have been mernbers of Ihè Board of At1ministrabon Ihrough the period covered by th8S8 awounts. and none receNe rèmunewaiion in respect ol this work excepl lor John Townley who is èmployed by the Charity as National Loader. L¢JcyAwde WI 15 employed as the Conlerencè Administrator an(J Pete Godfrey. who is seconded frofn his home church as Assistanl to the Nationol Leader and the ts)nference cnnlribuies to his horn church to reflect his time speni on conlèranc8 matters.. Mrs S WhYbw Mrs LucyAwde Isecrelary) Rev lan Clark50n Mr Simon Burgess Rgv J M Townley Mr N Wri9ht Rev P Godlrey R&y D Cronin Mr J Carter Mr S Megralh R6cruilment and appointm8nt oftrust&8s The trustees must in number be six or rTrJre. They a appoinled by ihe members of the charity al Ihe annual meeting by a majority resolul#)n of Ihe membèrs pSent. The trustees should wmprise hall clergy and hall lay members. New Ifuslees will be judged wheiher or Tr)t Ihey are 5Uitabl8 candidates by ihe memters. An exisbng trustee will immediately cease to act in that capacity if he15he is deemed banknjpt or rnakes an arrangement with cdItors. ceases Io qu81ify as a Irust8e or indicales tn writing that helsh8 vlishes to resign. Othermatlers The Board ol Trustees rneel tsvice per year. In addition. John Townley chaits th8 Ministerial. Education anij GusdanTr 8oard overseeing the reryuitmont and lrnining of new pastors. and the Trustees and Board ol Adminislrabon. The charily has supported ministgrs and churches th1oh the Céntral prowsion of service5. induding negoliation of Death in Service. and Privale Health Insurance. guidan and support to all member churches in the day to day operalk)n and extension ol their outreach and Servicè ministries. Grants are made available lo thurch plants to assist them in thair groYAh in Ihe eaty stages ol development. We have lacilitated members of the churches in FMCUK in their Charitab activitie5 Ihrough Ifaining. mentoriThJ and guidance to Iheir stsff and many volun¢eers throvgh onè to one support and natK)nal confwences. The chanty lacililales bolh ovewas and UK mission work, and the alleviation ol national and intemational poverty by directly raising funds for onward transmiss)rh io other charibes and missionars. Amongst other5. we have 5upporled projects for intèmaiional childcare, disasier rel1. and the formation ol new churches in tha UK. In addition, the struciural review performed in prior years ntinUeS to be implemented, improving the $tr8iègic direction t>f the organisation and rts èlricnl funciK*ning. trnabling Ihe charity to meel 11$ charitable objective5.
THE SUPERINTENDENT MINISTER'S TRUST TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Rlsk manag•ment The trustees have a duty to K1entify and review the risks lo which the charity exposed and to ensure appropriale controls a in place to provide aSonable a5sUtsn against Iral aThJ error. The truslee5 have Conside the partieJJlar risks of fra1, Ihè need to ensure eomplkance vthh legsialion. being sued by an outside body. and the inlegrity ol the compuler system and taken appropnale steps to control these risk5 and mili9ate impaet. The charity i8 awarè ol Safeguarding issues and also advis85 member chur¢he5. Financial and Budgetary control is putsued by the preparation and monitoring of the budget and studying the quartety financial slatements Pfgpared by the Treasurer. The charivs cash ijeposits are n¢v4 h61d befv4een NatW8st, HS8C. Charities Foundation. Flagstone Group Ltd and C8mbrvJg8 & Counties Bank. The charity rnake5 wide use of Compute for its actNities. vrith anb".vtrus protection and cl¢wd back-ups lo maintain dala security. The actounbng infomialion is backed up to the different (xjmputers. and the General Office computer systems are backed up to the ctoud and are Passwo protected. Tha Charity has pr0cted the Twsiees by vrdy of Indemnty Insurance. and takes regular guidanco frorn its legal advisers. TherÈ have been no'serKius inodents. requirir*J rèport to ihe Charity Commission during the year The tru5tees' port Was approved by Ihe Boar<1 ofTruste8S. Rev J M Townlèy Trustee 2410412026 Date.. ....................
THE SUPERINTENDENT MINISTER'S TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE SUPERINTENDENT MINISTER'S TRUST I report to the Injslees on my examination of the financial stalemenls of The Superintendent Minirfs TnJst (the charity) for the year ended 31 December 2025. Re$ponslbllltles and basls of report As the trustees of the charity you are responsible for the prePar?n of the financial stalements in accordance with the requirements of the CharitiesA¢t 2011. I report in respect of my examination of the charity's finanaal statements carried out under section 145 of the Charities Act 2011. In carrying OLrt my eXaMinatn I have followed the Direciions given by the Charrty Commission under section 145{51{bl of the Charities Act 2011. Independent gxamlnerfs statement Since the charity's gross income exceeded £250.000. Ihe independent examiner musl be a member of a b¢xty listed in section 145 of the Charities Act 2011. 1 confim that l am qualified to undertake the examinab.on because l am member of theAssocialion of Chartere(I Certified Accounlanls. which is one of the listed bodies. Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant verston of the Statement of Recommended Practice ap1¢ab[e to charrties preparing their finanaal statements in accordance with the Financial Reporb"ng Standard appliCae in the UK and Republic of Ireland IFRS 1021 in preference to the Aecounling and Repoth"ng by Charities.. Statement of Recommended Praetice issued on 1 April 2005 which is referred to in the extant regulab.ons but has now been withdrawn. l understand that this has been done in order for the finanaal statements lo provide a true and fa.r view in accordance with UK Generally Accepted Aecounling Practice. I have completed my examination. I confim th no matters have come to my attention in connection with the examination giving me cause to believe Ihal in any material respect". accounting records were rt kept in respeci of the chanty a$ required by section 130 of the CharitiesA¢t 2011. the fin8ncial statements do not accord wth those recDrds' or the financial statements do not comply vAlh the applicable requirements cLJnceming the lorm and content ol finanryal statements set out in the Charities {Accounts and Reports) Regulations 2008 other than any requirement that the financial slalements give a true and fair view, which is not a matter considered as part of an independent examinab"on. I have no concems and have come across no other matters in connection wlh the examination lo which attention should be t1rawn in this reF4)rt in order to enable a proper urKlerstsnding of the financial stslemenls to be reached. T M Preece FCCA Dalton House 9 Dalltsn Square Lancaster Lancashire LA1 1WD United Kin Dale..
THE SUPERINTENDENT MINISTER'S TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2025 Unr•strSet•d Reslrfctsd fvnds funds 2025 2025 Total Unrestrlcled R•$trkt•d funds funds 2024 2024 Total 2025 2024 Not•s Incoma from.. Donations and legacies Invèstments 1T7.629 25,971 128.471 ,1(M) 25,971 163,122 28.054 121,884 285,006 28,054 Total Income 203.600 128.471 332.071 191.176 121,884 313.060 Expenditur• on: Raising funds Chafitable actiVitS 3.762 198.161 3,762 315,368 3.916 176.028 3.916 290,601 117,207 114.573 Total expendlture 201,923 117.20Y 319.130 179.944 114.573 294,517 Net incorn• 1.677 11,264 12,941 11.232 7,311 18,543 Transfers betsveen funds 1261 Other reCognId galns and losses: Other gainslllossesl 13 146) 1461 36 Net movement In funds 1.605 11,290 12.895 11,268 7,311 18.579 Reconciliation of funds". Fund balance5 811 January 2025 662.107 140.554 802.861 650.839 133.243 784,082 Fund balan¢9$ at 31 December 2025 663.712 151.844 815,556 662.107 140.554 802,661 The stalernent ol financial actwities includes all gains and k>sses recoJnised in the year. All iome and expenditure derive from continuing acliwtses.
THE SUPERINTENDENT MINISTER'S TRUST BALANCE SHEET AS AT 31 DECEMBER 2025 2025 2024 Notss Flxed assets Investmenl property 14 275.OCKJ 275,000 Curr•nt aSts Debtors Cash at bank and in h8nd 15 36,325 538.177 36.037 538.475 574.502 574,512 ¢rÈditors: amounts falllng due wlthln ono yèar 16 (33.9461 146.8511 Net curr¢nt assots 540.556 527.661 Total a¥s•ts less currnnt Ilabllltlès 815,556 802,661 The funds of the eharlty Reslncte(J income fund$ Unreslncled funds 17 18 151,844 663,712 140,554 862.107 815,556 802.661 2410412026 The finanoal staternents were approved by the trustees on...........--. Rev J M Townley Trustee
THE SUPERINTENDENT MINISTER'S TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Accountlng pollcle$ 1.1 Basls of preparation The financial statements have been preparad in accordance tA the charitys goveming docum6nl, the Charities Act 2011. FRS 102 'The Finan¢ial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accountyng and Reporting by Charsb6S." Statement ol Rewmmended Praclica applicable to charities preparin9 their accounis H) aoxidance with Ihe Finanaal Reporting Standard applicable in the UK and Republic of IreL4fK1 IFRS 102)-. The charity 15 a Public Benefit Enw as defined by FRS 102. The ¢harity has taken advantag8 of Ihe proviwns in th• SORP for ehariiias not lo ppare a sla1nI of cash flows. The financol statements have departed from Charities (Accounts and Reports) Regulalions 2008 only to the extent qUIred to provKle a Inje and fair view. This departure has invofved fdlowing thè Statement ol Recommended Practice for charitie5 applying FRS 102 rather than Ihe version of the Statement of Recommende(I Practi(* whth is relerred lo in the RegutiOnS but which has Sin been w¢lhdiawn. The financial stalements a in steding. vthith is the lunctional cJJrrenGy of the chafty. Monalary arrK)unts in Ihasè financial siatemenis are rounded 10 Ih8 nèarest £. The financial slatements h8ve bègn prepared under the historical Cx)sl (xJnv8ntion. Imodrfied lo include thè rovaluation of Ireehokl propertw and to indude investment prOpertS and certain financial inslrumenls at fair valuel. The principal accounlin9 poIKXéS adopted are set out below. 1.2 Going concèrn At the time of approving the finanryal 3talements. the trustees have a asonable 8xpection Ihat Ihe charity has adequate resources to o)ntinu8 in operal¥)nal existence lor thg foTéseeable futu. Thus the trte&S continue to adopl the going g)nrxm basis of accountiThJ in preparing the finanfyal statements. 1.3 Charitsble funds Unre51ricled funds are available for use at the discretn of the trustees in furth8r8n¢e of Iheir charitabl objeclives. Restricted funds are subsecl to specrfic condrtths by donors or grantOf5 85 tr) how Ihey may be used. The purposes and uses of Ihe res111ct funds are sel out in the notes to the finanual statements. Endowment funds arg subj•ci io spoufrc condilions by thjnots Ihat the capital must be mHint8ined by the charity. 1.4 In¢ome Income is recwnised when Ihe charity 15 galty entilled to rt after any performance conditlons have been mei. the amounts can b8 mea$uied relsably. and il is probablè Ihat IrlJ Wtll be I¢c8ived. Cash donations are recognised on receipt. Other donalions are recognised once the charity has been notified of the donation. unless performaw LY)nd5b"ons qui deferral ol the amount. Income tax recoverable in relation to donations received undèr Grft AKI or deeds of covènant is recxjgnised at the time of the donation. Legaaes are re¢ogni%ad on receipl or otherwise il the charity h85 been nolified of an impending dislributton, the amount 15 known. and receipt is expected. 11 the amcwjnt is not krthn, the legacy is treated a5 a ¢ontingent asset.
THE SUPERINTENDENT MINISTER'S TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2025 Accounting polici•$ (Continu¢dl 1.5 Expenditure ExpendÉture is reojgnised once lhe is a legal (Y nStruthe obli9ab.on to transfer economic benefil lo a ihird party, it is probable that a transler of e¢xmomic beneffts wll bo requirgd in s&ttlement. and the amount of tht obligaiion can bè measuied lIablY. Expenditu is dassified by activity. The )Sts of èaeh aclmty 818 madg up of the total of dIt costs and shared wsts, including 5UPPOrt costs involved in undertaking each aclivity. Direct c¥)sis attributable to a single activity ar¢ allocated directly to that actiwty. Shared costs which contribute to more than ong acts.vity and support Costs which are not attributaNe lo a siThJle aclNity are apporboned between Ih05e activit*5 on a basis consistent wth the use ol resources. Centrnl staff costs are allrKated on Ihe basis of time spent. and depre¢ialion ¢hargas are allocated on the porlion ol the asset'5 Llse. 1.6 Investment property Investment property is shown at most iec£nl valuation. Any a9gre9ate Surplus or drt 8ri5ing Irom changes in fair value is recognised in Ihe Stslement ol Financial kllwt$. 1.7 Cash and cash •qulval¥nts Cash and cash equivalents include cash in hand. e)sIts held at call banks, 0th8r short-temi liquid investments 1 original maturitie5 of three months or 1è5s, and bank overdrafts. Bank overdrafls a shown within borrwrvJs in cuffenl liabilitse$. 1.8 Flnan¢lal In$trum•nts The charity has elected to appty Ihe prowsions of Section 11 '8asic Financial In8truffents' 8nd S8ction 12 'O¢h8r Finan¢ial Instrumenis Issues, of FRS 102 lo all of it5 financial in5trurnent5. Financial instruments are recognised in th& charitys balan sheet when the charity become5 Party to the coniractual provisions of the inslrurrent. Finanoal assets and liabili1S are oftset. wilh ihe nel amounts psented Fn the financ1 statements. whe IhÈra is a IallY enforceable right to sel off the recogni5ed arN)unts and tharè is an intention lo selue on a net basis or to realise the asset and Settle ihe liability simuttaneously. Basi¢ financ141ass•ts Basic ffinancial assets. which indude debtors arhd cash and bank balances. are inilially measured transaction price induding transactb)n costs and are subsequenuy carr at amortisad $t using the effective interesi method unless the arran9errent consbtutes a financing Iransactv)n. where the transactKJn 15 Measu at the preseni value of Ihe lulLtr9 receipts thscounted al a market rate of interasl. Finanual assets classifièd as iecewable wlhin one year aré not amrtised. Baslr finan¢lal Ilabllltles Basic financial liabilitie5. I[uding ueditors and bank k)ans are inrtiany r8cognised at Iransaction price unless the arrangement constitu5 8 finanang Iransacts)n. where Ihe d¢bt insirument is measured at the prasent value of the fvturè payments discounted at a markéi rate of inte$t. Finanual liabilities classified as payable within onè year are Thjt amorli5ed. Debt inslwments are subsequenuy carried at arnrttset1 cost. using Ihe effedwe interesl rate method. Trade ¢rèdiiors are obligal•Jns to pay for goods or services that have been acquired in Ihe ordinwy course ol operations from suppliers. Arut$ payable a da5sified as curreni liabilits.es rf paymenl is due within one year or less. 11 not. ihey are presented as non-currenl liabilities. Trade creditors are Teco9n15ed initially at transaction price and sub58quenlly measure(l at 8mryliW cost using Ihe effeciwe int8rast method.
THE SUPERINTENDENT MINISTER'S TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECE&VBER 2025 Accountlng pollcSes (Continuodl Derecognition of financial liabilities Financial liabililies are deCOgnised when the charity'5 conts3Ctual Oval5 ex"re or afe lSdr9ed or ¢•n¢ellgd. 1.9 Employee benefits The cost of any unused holiday enliilement recognised in the period in %thi¢h Ihe ernployee's services are ¢eived. Teiminalion benefit¥ ?ro [trs immedialY as an expense when the charity is demonstrably cDmmitted to tem)inale the employmenl ol an employee or lo prov¢de terminat*)n benefits. Critical accountin9 e5timat•s and jud9•m•nts In the applica0 of Ihe charity's accwnting polici85. the tWU5t885 arè requir to make judgements. esiimates and assurnplions abwt the carrylng amoufii ol asseis and liabilit$ that are not readily aPpant from other sosjrces. The estimate5 and a&sociaied a5surnptions are based on hislorical experience and other factors that are nsidered to be relevant. Actual résLtAs may drfler from these estimates. The estimates and undedying assumplions are revpwed on an orKJoing basis. Revisions lo accounting eslimales are recognised in the perK)d in which the estimaie k% fewsed Whe the revisKJn affeGls {lY that period. or in the period of the revisn and fure Peri1$ whale Ihe revision affecls bolh current and futurè periods. Income from donations and lega¢i¢s Unrèstrict•d Rèstrtd•d funds funds 2025 2025 Tolal Unrestricted Restrictèd fvnds fundj 2024 2024 Totsl 2025 2024 Donations and gifts Church contributions Other income Insurance recharge$ 8,550 136.313 6.419 26.347 26.341 34.891 136,313 108,549 26.347 6.587 125.597 5.011 25.927 23,661 30,248 125,597 103.234 25.927 102.130 98.223 177.829 128.471 306.1C 163,122 121.884 285.006 Incomo from in¥e5tJnents Unr•strictèd Unrestricted funds funds 202S 2024 Rental incorr Interest receNable 12.037 13.934 11.803 16.251 25.971 28,054
THE SUPERINTENDENT MINISTER'S TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Expendlture on ralslng funds Unrestricted Unr•strlctod funds funds 2025 2024 Fundralslng and publicity Other fundraising costs 2,559 2,264 InvwJtm¢nt manag•m•nt 1.203 1,652 Total o)sts 3.762 3.916 Exponditur• on Charltable a¢tlvrtl•¥ Chur¢h 2025 Church 2024 Dlrect costs Slaff costs Conference office and rnanse Annual Conference expenses Cosl of goods and services Contribution io as5iStanl NL Workplac& ptsnston Trav81 & subsistence Grants to institutions 90.349 16.567 14.979 14,181 9.340 109.964 9.376 31.337 69,942 17.348 6,545 14.736 8,611 104,311 13,694 30,386 296.093 265,573 Grant funding ol 8Uivib"8$ Isee note 71 15.759 21,649 Share of support and gov¢mance costs {see nole 8) Govomanca 3,516 3.379 315.368 290,601 Analysls by fund unstricted fund5 RtslTiCted funds 198,161 117.207 176.028 114.573 315.368 290.601 10-
THE SUPERINTENDENT MINISTER'S TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Grants payable Church 2025 Church 2024 Grants lo institutions.. 8oard of World MisS)ns- Chithare Board ol Wortd Missions- Europe 8oard ofwortd Mi5sions- SouthAfn"s Church Planting Nl Other 3.305 3.938 1,766 6.000 3,718 6.956 2.881 8.094 15.009 21,649 Grants to iTrJiwduals 750 15.759 21,649 Support costs alloeat•d to a¢ii¥ltlgs 2025 2024 Governare costs 3.516 3.379 Analysed belW•On: Church 3,516 3.379 N•t mov¢ment In fvnds 202S 2024 The nei movement in frJrM1s is stated after chaTyiW(credibrKJ}.' Fees payable for the indèpendent examination ol lh& charitys finanual ststements 3.516 3,379 10 Trust¢•s Rev J M Townley recewed muneratiOn of £52.363 and the charity contributed £3.876 to his pension schemè as an employer pension conlribution. 12024.. £50.600 remunerdtion and £3.876 pension) This r8muneralion was in respecl ol his employment by the charbty. Approval was gN¢n in 2021 for this 8PkY)inlmenl in accordan wth the amendments madé to the Tw5t Oeed in 2¢J)9. There wère no InJsi¢es' expensos paid for Ihe year ènded 31 December 2025 nor lor the year ended 31 December 2024. 11
THE SUPERINTENDENT MINISTER'S TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 11 Employees The average nKJnthfy number of employees during the yearwas: 202S Number 2024 Numbèr CharitableActivibes Employmènt eosts 2025 2024 Wages and salalies Social security costs 67,735 2.614 69.600 342 90.349 69,942 There We employe whose annual remurternt was more than £60.OIKI. 12 Taxation Thg charity ¢5 8x•mpt fftjm taxation on lis actNit*s because all rfs incorre is appligd for charilable puwes. 13 Oth¥r galn¥ ¥nd low$ Unroslri¢t•d Unr¢strlctad funds funds 2025 2024 Gairtwllossèsl upon: Foreign exchaThJe 46 136) 14 Invostmont proporty 2025 Falr value At l January 2025 and 31 December 2025 275.000 15 Debtors 2025 2024 Amounts falling due within one year. Trthe debtors Other debtors Ppayrnents and accrued income 3.932 10.957 21,436 8.007 6.629 21,401 36,325 36,037 12-
THE SUPERINTENDENT MINISTER'S TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 16 Creditors: amounts falling due wlthln one year 2025 2024 Other creditors Accfu3ls and deferred inrA)m¥ 1,332 32,614 1.238 45.613 33.946 46,851 17 R•sthcted funds The resiricted funds of the chaiity comprise Ihe unexpended balanL*S of t1onations and grants held on trust subject to speufic condibon5 by donors as to how they may be used. At 1 January 2025 Incoming resources Resoureos •XPondéd Transfers At31 Decembor 2025 Board ol World MissKJns- Childcare Board ofworfd Mi&8ions- Europe Board of Wodd MiSsns- General fund 8oard of World MissKsns- Soulh Alri<x Board ol Wortd Mission5- Visa Evan FD ehureh planning Churth building loan fund Conference outreath minislries fund V Trinder gaCY for use in GB Church Planting in Nl Bishops crisis responsè AfrirAn European Church Netwo Pension Scheme 3,091 13.3051 26 1.694 7.794 13.9381 5.551 13.4T6 2.000 681 15,408 2,39) 11.7661 710 557 22.081 17,958 557 18.472 17.958 3.609 15.647 43,871 27.931 174 15,647 43,871 27,916 1.646 5.985 1.472 16,offft)I 500 102.130 1102,1301 140,554 128.471 1117,207) 26 151.844 13-
THE SUPERINTENDENT MINISTER'S TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 17 Restrlcted funds (Continued} Prgvious year. At 1 January 2024 Incomlng resources Resources expended Transfers At31 Déeembor 2024 Board ofworfd MsssM)ns- Chihlcare Board ol Worfd MissK)ns- Europe Board ol World missio1- general fund Board ofworfd Missions- South Africa Board of Wodd Missions- Evan FD church planbng Church building loan fund Confence outreach ministries lund V Trinder legacy for use in GB Church Planting in Nl Bishops crisis sponSe African European Church Nefvrfork Pension %hern¢ {3.7181 188 219 16.9901 13.555 12.966) 13.475 39 557 13.224 17.958 87 557 18.472 17,958 12,6751 15.647 43.871 27.931 174 15.647 43.871 27.931 174 500 98.224 500 {98.2241 133.243 121.884 1114.573) 140.554 18 Unr¢strictsd funds The unrestricied funds of the charity c¥Jmprise the unexpended balances of donab'ons and gr8nts whith are not subject lo specffic condilions by donors and grantors as lo how Ihey may be used. These indude designated funds which have been set ashje out of untriCted lunds by the tru5tee5 lor specific purposes. At 1 January 2025 Incomlng sourc•s R•soure•s expendgd Transfers Galns and losses At31 December 2025 General fulld Investment property Discretionary fvnd 313,144 203.600 (201.9231 1261 {461 314.749 275.0 275.CX)O 73.963 73,963 662.107 203.&XJ {201.9231 1261 (461 663.712 14-
THE SUPERINTENDENT MINISTER'S TRUST NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 18 Unr¢strI0d fund$ (Continued) Pr•vlou$ y•ar- At 1 January 2024 In¢omlng r¢$ources R¢>ources *xnd TfanJfers Gains and losses At31 December 2024 G8n8ral fund Investment property DiKre.Onary fund 301.876 191.176 1179.9441 313.144 275.C 275,000 73.963 73.963 650.839 191.176 1179.9441 36 662.107 19 Analysls of net assets between funds Unrestrlcted lunds 2025 Restricted funds 2025 Total 2025 At 31 December 2025= Investment properties Current asselsllliabililie$l 275,000 388,712 275,000 540.556 151.844 663.712 151,644 815,556 Unrestricted fvnds 2024 R•striet•d Yunds 2024 Total 2024 At 31 Dgcomber 2024: Investment properties Current assetsllliabilitiesl 275.000 387.107 275.000 527.661 140.554 662.107 140,554 802,661 20 Related party transactlons There were no t1isdosable related paty trdnsaciions durir@ the year12024- none}. 15.