2021-08-31-accounts - Charnwood and Mowbray Methodist Circuit

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	Notes to		Circuit Model	Designated
	the	General Fund	Trust	Funds	Restricted	Total
	accounts	(Unrestricted)	(Unrestricted)	(unrestricted)	Fu~ds	2020-21
		E	E	E	E	E
Income
Income from monetary investments		92	296	0	36	426
Assessments on Churches		141,635	0	0	0	141,635
Grants received		28,279	0	0	0	28,279
Other charitable income		7,464	0	0	9,492	16,956
Total income		177,470	298	0	9,528	187,296
Expenditure
Salaries and associated costs		114,579	0	0	0	114,579
Property maintenance		0	0	5975	942	6,917
Connexional assessment	&model trust levy	0	149,736	0	0	149,738
District Assessment 8 Levy		39,251	2,726	0	0	41,977
Office expenses		4,093	0	0	0	4,093
Other outgoings		15,366	209	0	13,303	28,878
Total charitable expenditure		173,289	152,673	5,975	14,245	346,182
Gain on sale offixed assets			42,345	0	0	42,345
Net income/(expenditure)		4,181	(110,030)	(5,975)	(4,717)	(116,541 )
Transfers between funds		(388,780 )	381,280	7,500	0	0
Net movement in funds		(384,599)	271,250	1,525	(4,717 )	(116,541 )
Total funds brought forward		1,218,270	107,008	9,460	89,005	1,423,743
Total funds carried forward		833,671	378,258	10,985	84,288	1,307,202

	Notes to			Circuit Model	Designated
	the	General	Fund	Trust	Funds	Restricted	Total
	accounts	(Unrestricted)		(Unrestricted)	(unrestricted)	Funds	2019-20
				E		f'	F
Income
Income from monetary investments			365	1,043	p	185	1,593
Assessments on Churches		163,320		0	p	p	163,320
Grants received			27,500	0	0	0	27,500
Other charitable income			5,654	0	p	24,415	30,069
Total income		196,839		1,043	0	24 600	222 482
Expenditure
Grants and donations			0	1,500	0	0	1,500
Salaries and associated costs		127,932		0	0	0	127,932
Property maintenance			0	0	10,494	1,895	12,389
Connexional assessment	&model trust levy		0	3,881	p	0	3,881
District Assessment & Levy			38,509	0	0	0	38,509
Office expenses			3,616	0	0	p	3,616
Other outgoings			20,168	255	0	10,502	30,925
Total charitable expenditure		190,225		5,636	10,494	12,397	218,752
Net income/(expenditure)			6,614	(4,593)	(10,494 )	12,203	3,730
Transfers between funds			5,511	(16,011)	10,500	0	p
Net movement in funds			12,125	(20,604)	6	12,203	3,730
Total funds brought forward		1,206,145		127,612	9,454	76,802	1,420,013
Total funds carried forward		1,218,270		107,008	9,460	89,005	1,423,743

							Balance S	heet as at	31Avgvst	2021
						Notes to		Circuit Model	Designated
						the	General Fund	Trusts	Funds	Restricted
						Accounts	(Unrestricted)	(Unrestricted)	(Unrestricted)	Funds	Totals 2021	Totals 2020
							E	E	E		E
Fixed Assets
C~rcuit Manses 8		Equipment					792,750				792,750	792,750
Other properties							0				0	382,000
		Total		fixed	assets		792,750				792,750	1,174,750
Current	Assets
Debtors						10	8,479	20.000	0		28,479	29,950
Investments with TMCP							0	358,258	0	0	358,258	87,008
Central Finance Board Deposits							52,823	0	0	26,080	78,903	108,003
Cash at	Sank and	in hand					16,543	0	10,985	58,208	85,736	64,495
		Total current			assets		77,845	376,258	10,985	84,288	551,376	289,456
Current	liabilities
Creditors	(due in	under	1 year)				(36,924)				(36,924)	(40,463)
		Total	current liabilities				(36,924)				(36,924)	(40,463)
	Net current		assetslliabilities				40,921	376,268	10,985	84,268	514,452	248,993
				Net	assets		833,671	378,258	1D,985	84,288	1,307,202	1,423,743
Funds ofthe Circuit
General	Fund (Unrestricted)						833,671				833,671	1,218,270
Circuit Model Trust Fund (Unrestricted)								378,258			378,258	107,008
Designated Funds (unrestricted)									10,985		10,985	9,460
	Total Unrestricted				Funds						1,222,914	1,334,738
Restncted Funds										84,288	84,288	89,005
				Total	Funds		833,671	378,258	10,985	84,288	1,307,202	1,423,743

Trustee expenses:	2020/21	2019/20
Number ofTrustees	45	60
Total trustee expenses	f0	f4,379

	Expense payments	primarily	relate	to reimbursement	to reimbursement		for travel and computing	costs
5	Fees for examination or audit of			the accounts
								2020/21	2019/20
								f
	Independent examiner's or		auditors'	fees for reporting			on the accounts	NIL	NIL
	Other fees paid to the independent			examiner or auditor				NIL	NIL
6	Paid employees
	Staff Costs paid during the		year were:					2020/21	2019/20
								f	f
	Gross wages, salaries and		benefits	in kind				89,280	99,449
	Employer's National	Insurance costs						7,438	7,739
	Pension costs							17,861	20,744
	Total staff costs							114,579	127,932
	Average number of	full-time	equivalent		employees	in	the year were;	3.6	4.1

For information		only Money received	Organisations
			2020/21	2019/20
			f	f
Balance brought		forward from last year	0	0
Offerings/Gifts Offerings/Gifts	- received for External Organisations - passed to External Organisations		2,391 2,391	2,391 ~2,391
Balance carried		forward	0	0

anjible Fixed	Assets
				Other
			Iiilanses	buildings	Total
Balance brought	forward		792,750	382,000	1,174,750
Balance carried	forward		792 75Q	0	792,750
Depreciation brought forward
Depreciation carried forward
Net Book Value	brought	forward	792,750	382,000	1,174,750
Net BookValue	carried	forward	792,750	0	792,750

Insurance value 10Debtors	at that date.
									2020/21		2019I20
											F
Loan to Barrow-upon-Soar Methodist			Church							20,000	20,000
Prepayments and	accrued income									8,479	9,950
Total staff costs										28,479	29,950
The loan to Barrow-upon-Soar		Methodist		Church		is non-interest		bearing	and due	for repayment
in greater than one year.
11Analysis ofrestricted and designated						funds	2020/21
Fund Name	Opening	Incoming			Resources		Transfers		Closing	Purpose ofthe		fund
	Balance	Resources			Expended				Balance
Restricted Funds
AD 2000	1,644			0		0			1,644	For musical	worship
LMCIC	82,278		9,528		(14,245)				77,561	For provision of
										accommodation		to
										foreign students
Mission Fund	5,083			0		0			5,083	For Mission	Work
Total Restricted	89,005		9,528		(14,245)				84,288
Designated Funds
Property Inspection	5,764			0		(2,464)		3,000	6,300	For Quinquennial		and
Fund										other Property Inspection
										costs
Manse Repair Fund	3,696			0		(3,511)		4,500	4,685	For the maintenance			of
										the Manses
Total Designated	9,460			0		(5,975)		7,50Q	10,985
Totals	98,465		9,528		(20,220)			7,5QQ	95273

Comparative anal	ysis ofres	tricted and	designated	funds 2019	/20
Fund Name	Opening Balance	Incoming Resources	Resources Expended	Transfers	Closing Balance	Purpose of the	fund
Restricted Funds
AD 2000	1,776	0	(132)		1,644	For musical worship
LMCIC	69,943	24,600	(12,265)		82,278	For provision of accommodation	to
						foreign students
Mission Fund	5,083	0	0		5,083	For Mission Work
Total Restricted	76,802	24,600	(12,397)		89,005
Designated Funds
Property Inspection Fund	4,156	0	(1,392)	3,000	5,764	For Quinquennial and other Property Inspection
						costs
Manse Repair Fund	5,298	0	(9,102)	7,500	3,696	For the maintenance the Manses		of
Total Designated	9,454	0	(10,494)	10,500	9,460
Totals	86,256	24,600	(22,891)	10,500	98,465

Names ofTrustees wh	o mana ethe chari for	the eriod 1Se temb	er 2020to31Au ust 2021.
Trustee name	Office (ifany)	Dates acted ifnot for whole year	Name ofperson (or body) entitled to appoint trustee (if any)
Rev. A Lomax	Superintendent		Trustee via office
Rev. M Swan	Minister		Trustee via office
Rev. C Cheung	Minister		Trustee via office
Rev.JH Pugh	Minister	Retired July 2021	Trustee via office
Rev. DBowler	Authorised Minister		Trustee via office
Deacon JSutton	University Chaplain		Trustee via office
Rev. DMaw	Minister	Retired July 2021	Trustee via office
	Supernumerary
Mr LLongmire	Circuit steward		Circuit meeting
Mr TRanson	Circuit steward		Circuit meeting
Mrs C Thornborow	Circuit steward		Circuit meeting
DrKEtte	Circuit steward		Circuit meeting
Mr SRPeach	Circuit secretary		Circuit meeting
Mrs RThorpe	Circuit treasurer		Circuit meeting
Rev. A Lomax	Safeguarding Officer		Circuit meeting
MrJBateman	Local preachers'		Circuit meeting
	secretary
Mr G Mercy	Local preachers'		Circuit meeting
	representative
FEdum-Fotwe	World Church		Circuit meeting
Mr SRPeach	Action for Children		Circuit meeting
Mrs C Watkins	Local Pastor (East		Circuit meeting
	Leake)
Mr JPipet	Digital lay worker	From August 2021	Circuit meeting
	(12th Church)
Mrs LCutts			Circuit meeting
Mr A Speight			International House
Mrs SWebb	Senior steward		Barrow church council
Mr PYates	Treasurer		Barrow church council
Mr BHarrison	Senior steward		East Leake church council
Mr RLatham	Treasurer		East Leake church council
Mrs A Latham	Representative		East Leake church council
Mrs P Hargraves	Representative		East Leake church council

Mr H Tyler	Representative	Knightthorpe	church council
Mrs C Concannon	Representative	Knightthorpe	church council
Mr D Ette	Representative	Knightthorpe	church council
Mrs D Mee	Senior steward	Mountsorrel	church council
Mr G Wainwright	Treasurer	Mountsorrel	church council
Mr L Longmire	Representative	Mountsorrel	church council
Mrs JCheung	Representative	Chinese Church Council
Mr M Bird	Representative	Quorn church council
Mrs D Bird	Senior steward	Quorn church council
Mrs D Scott	Treasurer	Christchurch	Shepshed church
		council
Mr IScott	Representative	Christchurch	Shepshed church
		council
Mrs LHobson	Senior steward	Christchurch	Shepshed church
		council
Mrs LCutts	Representative	Christchurch	Shepshed church
		council
Mrs A Barber	Representative	Sileby church council
Mrs BBowman	Representative	Sileby church council
Mrs JHolloway	Treasurer	Sileby church council
Mr A Thorpe	Senior steward	Trinity church council
Mr D Bristow	Representative	Trinity church council
Mrs RThorpe	Treasurer	Trinity church council
MrN Cox	Representative	Trinity church council
Mrs SMollart	Secretary	Woodhouse	Eaves church council
Mrs G Thompson	Representative	Woodhouse	Eaves church council
Mr M Blatherwick	Representative	Woodhouse	Eaves church council
Ms M Folwell	Senior steward	Wymeswold	church council
Ms SFossey	Treasurer	Wymeswold	church council