REGISTERED CHARITY NUMBER: SC002159
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31st August 2025
for
Strathclyde Methodist Circuit
Ken Tait & Co 1 Campbell Street Hamilton ML3 6DB
Strathclyde Methodist Circuit
Contents of the Financial Statements for the Year Ended 31st August 2025
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|Report|of the|Trustees|1|to|3|
|Independent|Examiner's|Report|4|
|Statement|of Financial|Activities|5|
|Balance|Sheet|6|
|Notes|to|the|Financial|Statements|7|to|ll|
|Detailed|Statement|of Financial|Activities|12|
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Strathclyde Methodist Circuit
Report of the Trustees for the Year Ended 31st August 2025
The trustees present their report with the financial statements of the charity for the year ended 31st August 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
Charity objective is to act as a Resource provider within the area around Strathclyde and Lanarkshire for the Methodist Church:
"The purposes of the Methodist Church are and shall be deemed to have been since the Date of Union the advancement of:
a) The Christian faith in accordance with the doctrinal standards and discipline of The Methodist Church;
b) Any charitable purpose for the time being of any Connexional, District, Circuit. local or other organisation of The Methodist Church;
c) Any charitable purpose for the time being of any society or institution subsidiary or ancillary to The Methodist Church;
d) Any purpose for the time being of any charity being a charity subsidiary or ancillary to The Methodist Church
"The organisation and resourcing of regular public acts ofworship open to members of the church and non members alike.
The teaching of Christianity through sermons, courses and small groups.
The resourcing of pastoral work including visiting the sick and bereaved.
Taking religious assemblies in local schools.
Promotion of Christianity through the staging of events and services. Provision of chaplaincy services to the local university and other institutions.
Public benefit
We confirm the trustees have had regard to the OSCR guidance on public benefit.
FINANCIAL REVIEW
Reserves policy The Reserves Policy for the Circuit was to hold a minimum sum equivalent to 4 months’ average expenditure. This should be sufficient to meet any unforeseen item of major expenditure on manses and / or to be able to continue, in the short term, funding planned activities in the event of any inability to raise the full Circuit Assessment from churches.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
"The governing document for the circuit is the Deed of Union (1932) and Methodist Church Act (1976)
Detailed governance arrangements are outlined within the Constitutional Practice and Discipline of
the Methodist Church by order of the annual conference (CPD).
Day to day management of the circuit is undertaken by the Circuit Leadership team along with the Local Preachers meeting, the Circuit Finance and Property Committee and the Circuit Policy Committee.
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Strathclyde Methodist Circuit
Report of the Trustees for the Year Ended 31st August 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT Safeguarding
Every person has a value and dignity which comes directly from the creation of male and female in God's own image and likeness. Christians see this potential as fulfilled by God's re-creation of us in Christ. Among other things this implies a duty to value all people as bearing the image of God and therefore to protect them from harm.
"Methodist Connexional practice outlines commitment to the following principles:
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the care and nurture of, and respectful pastoral ministry with, all children, young people and adults + the safeguarding and protection of all children, young people and adults when they are vulnerable + the establishing of safe, caring communities which provide a loving environment where there is informed vigilance as to the dangers of abuse.
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We will carefully select and train all those with any responsibility within the Church, in line with Safer Recruitment principles, including the use of criminal records disclosures and registration with the relevant vetting and barring schemes.
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We will respond without delay to every complaint made which suggests that an adult, child or young person may have been harmed, cooperating with the police and local authority in any investigation.
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We will seek to work with anyone who has suffered abuse, developing with them an appropriate ministry of informed pastoral care.
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We will seek to challenge any abuse of power, especially by anyone in a position of trust.
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We will seek to offer pastoral care and support, including supervision and referral to the proper authorities, to any member of our church community known to have offended against a child, young person or vulnerable adult.
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In all these principles we will follow legislation, guidance and recognised good practice
The Strathclyde Circuit committed itself to ensuring the implementation of Connexional Safeguarding Policy; government legislation, guidance and safe practice in the circuit and in the churches. The Strathclyde Circuit committed itself to the provision of support, advice and training for lay and ordained people that will ensure people are clear and confident about their roles and responsibilities in safeguarding and promoting the welfare of children and adults who may be vulnerable.
Induction and training of new trustees
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 meeting members as induction to their role as trustees.
Related parties
"The Circuit is part of the Scotland District and is also accountable to the Methodist Conference.
The following Methodist Churches are linked to the circuit
Alexandria, East Kilbride, Ebenezer, Glasgow West, Kilsyth, Milton, Netherton, New Stevenston, Pollokshaws and Woodlands
The Calman Centre is part of the circuit.
Risk management
"The major risks have been identified and recorded by the Circuit Finance and Property Committee with professional advice taken as required.
There is a regular annual review process undertaken and recorded.
Income and Expenditure is being monitored in total and is compared with the approved annual budget on a half yearly basis to detect trends as part of the risk management process to avoid unforeseen calls on reserves.
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otrstuciyac YICCNOGISE Irculr
Report of the Trustees for the Year Ended 31st August 2025
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number $C002159
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Principal address
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independent Examiner
Ken Tait & Co
1 Campbell Street
Hamilton
ML3 6DB
Approved by order ofthe board oftrustees on |berand signed on its behalf by:
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Independent Examiner's Report to the Trustees of Strathclyde Methodist Circuit
Independent Examiner's Report to the Trustees of Strathclyde Methodist Church
I report on the accounts of[the][charity][for][the][year][ended][31][August][2025.]
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustees Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The charity trustees consider that the audit requirement of Regulation 10(1) (d) of the Accounts Regulation does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention.
Basis of independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants Scotland.
My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items of disclosures in the accounts, and seeks explanations from the trustees concerning any such matters. The procedure undertaken do not provide and audit opinion on the view given by the accounts.
Independent examiner's statement
In the course of my examination, no matter has come to my attention, which gives me reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations
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to prepare accounts which accord with the accounting records and comply with Regulation 9 Of 2006 Accounts Regulations
have not been met, or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
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Strathclyde Methodist Circuit
Statement of Financial Activities for the Year Ended 31st August 2025
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|---|---|---|---|---|---|---|---|
|2025|2024|
|Unrestricted|Restricted|Total|Total|
|fund|fund|funds|funds|
|Notes|£|£|£|£&|
|INCOME|AND|ENDOWMENTS|FROM|
|Donations|and|legacies|239,291|-|239,291|328,978|
|Investment income|2|19,788|-|19,788|18,397|
|Other income|192,714|-|192,714|-|
|Total|451,793|-|451,793|347,375|
|EXPENDITURE|ON|
|Raising funds|3|327,888|240|328,128|236,345|
|Charitable|activities|
|Grants & Donations|69,504|-|69,504|63,730|
|Other|600|-|600|-|
|Total|397,992|240|398,232|300,075|
|NET|INCOME/(EXPENDITURE)|53,801|(240)|53,561|47,300|
|Transfers|between|funds|7|-|-|-|192,840|
|Net|movement|in|funds|53,801|(240)|§3,561|240,140|
|RECONCILIATION|OF FUNDS|
|Total|funds|brought|forward|1,756,229|3,540|1,759,769|1,519,629|
|TOTAL FUNDS CARRIED|FORWARD|1,810,030|3,300|1,813,330|1,759,769|
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The notes form part of these financial statements
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Strathclyde Methodist Circuit
Balance Sheet 31st August 2025
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible assets | 6 | 1,404,990 | - | 1,404,990 | 1,404,990 |
| CURRENT ASSETS | |||||
| Cash atbank | 405,040 | 3,300 | 408,340 | 354,779 | |
| NETCURRENTASSETS | 405,040 | 3,300 | 408,340 | 354,779 | |
| TOTAL ASSETS LESS CURRENT | |||||
| LIABILITIES | 1,810,030 | 3,300 | 1,813,330 | 1,759,769 | |
| NETASSETS | 1,810,030 | 3,300 | 1,813,330 | 1,759,769 | |
| FUNDS | 7 | ||||
| Unrestricted funds | 1,810,030 | 1,756,229 | |||
| Restricted funds | 3,300 | 3,540 | |||
| TOTALFUNDS | 1,813,330 | 1,759,769 |
The financial statements were approved by the Board of Trustees and authorised for issue on ceseessenesaessneceesceeseeesersesreereneseee aNd Were Signed on its behalf by:
The notes form part of these financial statements
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Strathclyde Methodist Circuit
Notes to the Financial Statements for the Year Ended 31st August 2025
- ACCOUNTING POLICIES
Basis of preparing the financial statements The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Taxation The charity is exempt from tax on its charitable activities.
Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
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Strathclyde Methodist Circuit
Notes to the Financial Statements - continued for the Year Ended 31st August 2025
- 2: INVESTMENT INCOME
| 2: | INVESTMENT INCOMEINCOME | ||
|---|---|---|---|
| 2025 | 2024 | ||
| £ | £ | ||
| Deposit account interest | 19,788 | 18,397 | |
| 3. | RAISING FUNDS | ||
| Investment management costs | |||
| 2025 | 2024 | ||
| £ | £ | ||
| Administrative expenses | 9,759 | 4,689 | |
| Property repairs | 16,715 | 8,796 | |
| Maintenance charges | 34,021 | 3,848 | |
| 60,495 | 17,333 |
- TRUSTEES' REMUNERATION AND BENEFITS There were no trustees’ remuneration or other benefits for the year ended 31st August 2025 nor for the year ended 31st August 2024.
Trustees' expenses
There were no trustees’ expenses paid for the year ended 31st August 2025 nor for the year ended 31st August 2024.
53 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| fund | fund | funds | |
| £ | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 328,978 | - | 328,978 |
| Investment income | 18,397 | - | 18,397 |
| Total | 347,375 | - | 347,375 |
| EXPENDITURE ON | |||
| Raising funds | 236,345 | - | 236,345 |
| Charitable activities | |||
| Grants& Donations | 63,730 | - | 63,730 |
| Total | 300,075 | - | 300,075 |
| NETINCOME | 47,300 | - | 47,300 |
| Transfers between funds | 189,300 | 3,540 | 192,840 |
| Netmovement in funds | 236,600 | 3,540 | 240,140 |
| RECONCILIATION OF FUNDS | |||
| Totalfundsbroughtforward | 1,519,629 | - | 1,519,629 |
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Strathclyde Methodist Circuit
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|Notes|to|the|Financial|Statements|-|continued|
|for the|Year Ended|31st August 2025|
|5.|COMPARATIVES FOR THE STATEMENT|OF FINANCIAL ACTIVITIES|-|continued|
|Unrestricted|Restricted|Total|
|fund|fund|funds|
|—|££|£|#|[£7]|
|TOTAL FUNDS CARRIED FORWARD|1,756,229|3,540|1,759,769|
|6.|TANGIBLE|FIXED|ASSETS|
|Freehold|
|property|
|£|
|COST|
|At|Ist|September|2024|and|
|31st August 2025|1,404,990|
|NET BOOK VALUE|
|At|31st August 2025|1,404,990|
|At|31st August 2024|1,404,990|
|4|MOVEMENT|IN FUNDS|
|Net|
|movement|At|
|At|1.9.24|in|funds|31.8.25|
|£|£|£|
|Unrestricted|funds|
|General|fund|1,756,229|53,801|1,810,030|
|Restricted|funds|
|Restricted|Fund|
|3,540|(240)|3,300|
|TOTAL FUNDS|1,759,769|53,561|1,813,330|
|Net|movement|in|funds,|included|in|the above|are|as|follows:|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|451,793|(397,992)|53,801|
|Restricted|funds|
|Restricted|Fund|
|-|(240)|(240)|
|TOTAL FUNDS|451,793|(398,232)|53,561|
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Strathclyde Methodist Circuit
Notes to the Financial Statements - continued for the Year Ended 31st August 2025
Ts
MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
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|---|---|---|---|---|---|
|Net|Transfers|
|At|1.9.23|movementin|funds|betweenfunds|31.8.24At|
|Unrestricted|funds|£|£|£|£|
|General|fund|1,519,629|47,300|189,300|1,756,229|
|Restricted|funds|
|Restricted|Fund|
|-|-|3,540|3,540|
|TOTAL FUNDS|1,519,629|47,300|192,840|1,759,769|
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Comparative net movement in funds, included in the above are as follows:
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|---|---|---|---|---|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|Unrestricted|funds|£|£|£|
|General|fund|347,375|(300,075)|47,300|
|TOTAL FUNDS|347,375|(300,075)|47,300|
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A current year 12 months and prior year 12 months combined position is as follows:
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|---|---|---|---|---|---|
|Net|Transfers|
|At|1.9.23|movementin|funds|betweenfunds|31.8.25At|
|Unrestricted|funds|£|£|£|£|
|General|fund|1,519,629|101,101|189,300|1,810,030|
|Restricted|funds|
|Restricted|Fund|
|-|(240)|3,540|3,300|
|TOTAL FUNDS|1,519,629|100,861|192,840|1,813,330|
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