these accounts but which do not form part ofRes Policy below, are: |
erves for purposes ofmeasurement ofthe Financial |
|---|---|
| Property Repair Fund (Designated) |
Organ Refurbishment Fund (Designated) |
| Mission Development Fund (Designated) |
Youth Work Fund (Designated) |
| Youth Work Project (Restricted) | Video Production Fund (Designated) |
| Video Production Fund (Restricted) |
Audio Visual Fund (Restricted) |
| Cost Alleviation Fund (Restricted) |
Special Collections (Restricted) |
| Development Project (Restricted) |
Legacy Fund for Flowers (Restricted) |
| Heating Project Fund (Restricted) |
Church Premises (Permanent Endowment) |
| 31.8.21 | 31.8.20 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | Total | |||
| Notes | funds f |
funds f |
fund f |
funds | fundsf | ||
| INCOME AND | |||||||
| ENDOWMENTS FROM |
|||||||
| Donations and legacies |
2 | 331,814 | 101,096 | 432,910 | 388,465 | ||
| Other trading activities |
3 | 51,045 | 51,045 | 67,923 | |||
| Investment income |
4 | 613 | 136 | 749 | 3,378 | ||
| Other income | 5 | 4,751 | 4751 | 8,885 | |||
| Total | 388,223 | 101,232 | 489,455 | 468,651 | |||
| EXPENDITURE ON | |||||||
| Charitable activities |
|||||||
| Charitable activities |
335,229 | 13,125 | 348,354 | 313,097 | |||
| NET INCOME | 52,994 | 88,107 | 141,101 | 155,554 | |||
| Transfers between |
funds | 16 | ~4,582) | 4,582 | |||
| Net movement in funds |
48,412 | 92,689 | 141,101 | 155,554 | |||
| RECONCILIATION | OF | ||||||
| FUNDS | |||||||
| Total funds brought | |||||||
| forward | 545,517 | 218,521 | 964,716 | 1,728,754 | 1,573,200 | ||
| TOTAL FUNDS CARRIED | |||||||
| FORWARD | 593,929 | 311,218 | 964716 | 1869,855 | 1,728,754 |
| 31.8.21 | 31.8.20 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | Total | ||
| funds | funds | fund | funds | funds | ||
| Notes | F | F | ||||
| FIXEDASSETS | ||||||
| Tangible assets | 12 | 14,073 | 225,939 | 964,716 | 1,204,728 | 1,096,451 |
| CURRENT ASSETS | ||||||
| Debtors | 13 | 57,772 | 57,772 | 52,456 | ||
| Cash at bank | 14 | 550,263 | 85,271 | 635534 | 617,998 | |
| 608,035 | 85,271 | 693,306 | 670,454 | |||
| CREDITORS | ||||||
| Amounts falling due within |
||||||
| one year | 15 | (28,179) | (28,179) | (38,151) | ||
| NET CURRENT ASSETS | 579,856 | 85,271 | 665,127 | 632,303 | ||
| TOTAL ASSETS LESS | ||||||
| CURRENT LIABILITIES | 593,929 | 311,210 | 964,716 | 1,869,855 | 1,728,754 | |
| NET ASSETS | 593,929 | 311,210 | 964,716 | 1,869,855 | 1,728,754 | |
| FUNDS | 16 | |||||
| Unrestricted funds |
593,929 | 545,516 | ||||
| Restricted funds | 311,210 | 218,522 | ||||
| Endowment funds |
964,716 | 964,716 | ||||
| TOTAL FUNDS | 1,869,855 | 1,728,754 |
| 31.8.21 | 31.8.20 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | Total | ||||||
| funds F |
funds F |
funds F |
funds f |
funds | ||||||
| Contributions | for use of | |||||||||
| premises | 30,530 | 30,530 | 36,097 | |||||||
| Ground House |
rent | Davenport | 19,203 | 19,203 | 18,765 | |||||
| Coffee lounge | 1 312 | 1,312 | 13,061 | |||||||
| 51,045 | 51,045 | 67,923 | ||||||||
| 4. | INVESTMENT INCOME | |||||||||
| 31.8.21 | 31.8.20 | |||||||||
| Unrestricted | Restricted | Endowment | Total | Total | ||||||
| funds F |
funds | funds | funds E |
funds f |
||||||
| Interest | and | investment | ||||||||
| income | 613 | 136 | 749 | 3,378 | ||||||
| 5. | OTHER | INCOME | ||||||||
| 31.8.21 | 31.8.20 | |||||||||
| Unrestricted | Restricted | Endowment | Total | Total | ||||||
| funds | funds | funds | funds | funds | ||||||
| F | F | |||||||||
| Furlough | income | 4,751 | 4,751 | 8,885 | ||||||
| 6. | CHARITABLE ACTIVITIES COSTS | |||||||||
| Direct | Support | |||||||||
| Costs (see | costs (see | |||||||||
| note 7) | note 8) | Totals | ||||||||
| F | F | F | ||||||||
| Charitable | activities | 176,127 | 172,227 | 348,354 | ||||||
| 7. | DIRECT | COSTS OF CHARITABLE ACTIVITIES | ||||||||
| 31.8.21 | 31.8.20 | |||||||||
| F | ||||||||||
| Ministerial | IAdministrative | staff | costs | 155,364 | 120,804 | |||||
| Encountering God costs Equipping God's People costs Extending God's Kingdom costs Youth Work costs |
3,435 329 14,226 1,660 |
5,371 1,256 22,690 24,628 |
||||||||
| Coffee | Lounge costs | 1 113 | 3,559 | |||||||
| 176,127 | 178,308 |
| STAFF CO | STS | |||
|---|---|---|---|---|
| 2021 | 2020 | |||
| F | ||||
| Wages and Employer's Employer's |
salaries pension contributions social security costs |
73,221 3,075 4,035 |
90,509 2,780 4,236 |
|
| Total Staff | Costs | 80,331 | 97,525 |
| 11. | COMPARATIVES FOR THE STATEMENT | COMPARATIVES FOR THE STATEMENT | COMPARATIVES FOR THE STATEMENT | OF FINANCIAL | ACTIVITIES | ||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | ||||
| funds | funds | fund | funds | ||||
| F | F | ||||||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations and legacies |
288,907 | 99,558 | 388,465 | ||||
| Other trading activities Investment income |
67,923 3,085 |
293 | 67,923 3,378 |
||||
| Other income | 8,885 | 8,885 | |||||
| Total | 368,800 | 99,851 | 468,651 | ||||
| EXPENDITURE ON | |||||||
| Charitable activities |
|||||||
| Charitable activities |
302,018 | 11,079 | 313,097 | ||||
| NET INCOME | 66,782 | 88,772 | 155,554 | ||||
| Transfers between |
funds | 20,201 | ~20,201) | ||||
| Net movement in funds |
86,983 | 68,571 | 155,554 | ||||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought forward | 458,533 | 149,951 | 964,716 | 1,573,200 | |||
| TOTAL FUNDS CARRIED FORWARD | 545,516 | 218,522 | 964,716 | 1,728,754 | |||
| 12. | TANGIBLE FIXEDASSETS | ||||||
| Freehold | Fixtures | Computer | |||||
| Land and | and | and PA/AV | |||||
| Buildings | Fittings | Equipment | Totals | ||||
| F | F | F | |||||
| COST | |||||||
| At 1 September 2020 Additions |
1,018,829 | 70,807 | 34,508 119,531 |
1,124,144 119,531 |
|||
| At 31 August 2021 | 1,018,829 | 70,807 | 154,039 | 1,243,675 | |||
| DEPRECIATION | |||||||
| At 1 September 2020 Charge for year |
14,160 2,360 |
13,533 8,894 |
27,693 11,254 |
||||
| At 31 August 2021 | 16,520 | 22,427 | 38,947 | ||||
| NET BOOK VALUE | |||||||
| At 31 August 2021 | 1,018,829 | 54,287 | 131,612 | 1,204,728 | |||
| At 31 August 2020 | 1,018,829 | 56,647 | 20,975 | 1,096,451 |
| CASH AT BANK | ||||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | |||
| funds | funds | fund | funds | |||
| F | ||||||
| Trustee for Methodist | Purposes | |||||
| accounts | 159,589 | 1,451 | 161,040 | |||
| Deposits with Central | Finance Board | 272,693 | 83,780 | 356,473 | ||
| Other bank accounts | 117,982 | 41 | 118,023 | |||
| 550,264 | 85,272 | 635,536 | ||||
| CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE | YEAR | ||||
| 31.8.21 | 31.8.20 | |||||
| E | ||||||
| Trade creditors | 504 | 13,125 | ||||
| Social security and other | taxes | 9,172 | 8,323 | |||
| Other creditors | 5,362 | 3,399 | ||||
| Accruals and deferred | income | 13,141 | 13,304 | |||
| 28,179 | 38,151 |
| MOVEMENT IN FUNDS |
|||||||
|---|---|---|---|---|---|---|---|
| Net | Transfers | ||||||
| movement | between | At | |||||
| At 1.9.20 | in funds | funds | 31.8.21 | ||||
| F | f. | F | |||||
| Unrestricted funds |
|||||||
| General fund |
172,497 | 34,281 | (13,654) | 193,124 | |||
| Designated fund - Property |
Fund | 87,929 | (42,734) | 15,228 | 60,423 | ||
| Designated fund - Mission Development Designated fund - Youth Work Designated fund - Organ Repair Fund Designated fund - Video Production |
234,957 39,323 10,811 |
50,326 54 15 11,052 |
(113,156) 105,000 2,000 |
172,127 144,377 12,826 11,052 |
|||
| 545,517 | 52,994 | (4,582) | 593,929 | ||||
| Restricted funds | |||||||
| Heating Project Youth Work |
70,809 17,080 |
(2,360) 30 |
2,360 (750) |
70,809 16,360 |
|||
| Legacies Development Project Cost Alleviation |
1,449 53,190 70,513 |
2 5,191 |
980 (26,815) |
1,451 54,170 48,889 |
|||
| Video Production AV Project |
5,480 | (5,480) 90,724 |
28,807 | 119,531 | |||
| 218,521 | 88,107 | 4,582 | 311,210 | ||||
| Endowment funds |
|||||||
| Church Premises | 964,716 | 964,716 | |||||
| TOTAL FUNDS | 1,728,754 | 141,101 | 1,869,855 | ||||
| Net movement in funds, |
included | in the | above are as follows | ||||
| Incoming | Resources | Movement | |||||
| resources | expended | in funds | |||||
| F | |||||||
| Unrestricted funds |
|||||||
| General fund |
325,207 | (290,926) | 34,281 | ||||
| Designated fund - Property |
Fund | 121 | (42,855) | (42,734) | |||
| Designated fund - Mission Development Designated fund - Youth Work Designated fund - Organ Repair Fund Designated fund - Video Production |
50,326 54 15 12,500 |
~1,448) | 50,326 54 15 11,052 |
||||
| 388,223 | (335,229) | 52,994 | |||||
| Restricted funds | |||||||
| Special Collections Heating Project Youth Work |
585 30 |
(585) (2,360) |
(2,360) 30 |
||||
| Legacies Cost Alleviation |
2 7,891 |
(2,700) | 2 5,191 |
||||
| Video Production AV Project |
8 92,716 |
(5,488) ~1992) |
(5,480) 90,724 |
||||
| 181232 | 13,125 | 88,107 | |||||
| TOTAL FUNDS | 489455 | ~348 354) | 141,101 |
| Comparatives for movement |
Comparatives for movement |
Comparatives for movement |
in funds | in funds | ||||
|---|---|---|---|---|---|---|---|---|
| Net | Transfers | |||||||
| movement | between | At | ||||||
| At 1.9.19 | in funds | funds | 31.8.20 | |||||
| Unrestricted funds |
||||||||
| General fund |
166,464 | 60,445 | (54,412) | 172,497 | ||||
| Designated fund Designated fund |
—Coffee Lounge —Property Fund |
9,395 74,809 |
9,502 (1,391) |
(18,897) 14,510 |
87,928 | |||
| Designated fund Development Designated fund Designated fund |
- Mission - Youth Work - Organ Repair Fund |
156,869 39,060 11,936 |
1,088 263 ~3,125) |
77,000 2,000 |
234,957 39,323 10,811 |
|||
| 458,533 | 66,782 | 20,201 | 545,516 | |||||
| Restricted funds | ||||||||
| Heating Project Youth Work |
70,807 27,584 |
12,698 | (23,201) | 70,807 17,081 |
||||
| Legacies Development Project Cost Alleviation |
1,439 50,121 |
10 71 70,513 |
3,000 | 1,449 53,192 70,513 |
||||
| Video Production | 5,480 | 5,480 | ||||||
| 149,951 | 88,772 | (20,201) | 218,522 | |||||
| Endowment funds |
||||||||
| Church Premises | 964,716 | 964,716 | ||||||
| TOTAL FUNDS | 1,573,200 | 155,554 | 1,728,754 | |||||
| Comparative net |
movement | in | funds, | included | in the above are as follows: | |||
| Incoming | Resources | Movement | ||||||
| resources | expended | in funds | ||||||
| Unrestricted funds |
||||||||
| General fund |
346,263 | (285,818) | 60,445 | |||||
| Designated fund Designated fund |
- Coffee Lounge - Property Fund |
13,061 540 |
(3,559) (1,931) |
9,502 (1,391) |
||||
| Designated fund Development Designated fund Designated fund |
- Mission - Youth Work - Organ Repair Fund |
1,088 263 7,585 |
~10,710) | 1,088 263 ~3,125) |
||||
| 368,800 | (302,018) | 66,782 | ||||||
| Restricted funds | ||||||||
| Special Collections Youth Work |
6,558 12,698 |
(6,558) | 12,698 | |||||
| Legacies | 10 | 10 | ||||||
| Development Project Cost Alleviation Video Production |
71 70,513 10,001 |
~4,521) | 71 70,513 5,480 |
|||||
| 99,851 | 11,079 | 88,772 | ||||||
| TOTAL FUNDS | 468,651 | ~313,097) | 155,554 |