| Notes to the |
Generai Fund | Circuit Model Trust |
Designated Funds |
Restricted | Totaf |
|---|---|---|---|---|---|
| accounts | (Unrestricted) | (Unrestricted) | (unrestricted) | Funds | 2022-23 |
| Income | |||||
| Income from monetary investments Assessments on Churches Grants received Other charitable income Total income |
2,529 172,000 22,642 5.9'l3 203,084 |
6,492 6,492 |
0 | 'l2.425 12,425 |
9,021 172,000 22,642 18,338 222,001 |
| Expenditure | |||||
| Grants and donations | |||||
| Salaries and associated costs Property maintenance Connexional assessment &model trust levy District Assessment & Levy Office expenses Other outgoings Total charitable expenditure |
123,464 33,986 4,378 26,007 187,835 |
7,639 578 8,217 |
12,736 12,'738 |
12,800 35,352 2,743 50,895 |
12,800 158,816 12,736 0 41,625 4,378 29,328 259,683 |
| Nat incamal(expenditure) Transfers between funds Net movement in funds |
15+49 (13,000 2,249 |
(1,725) (6,000) P,725 ) |
(12,736) 13,000 264 |
(38,470) 6,000 (32,470 ) |
(37~) 0 (37,682) |
| Total funds brought forward Total funds carried forward |
825,065 827,314 |
222,564 214,839 |
4,866 5,130 |
84,655 52,185 |
1,137,150 1,099,468 |
| Statement ofF | in | ancial Activities | (SOFA) for | the year e | nded 31A | ugust 20 | 22 |
|---|---|---|---|---|---|---|---|
| Notes to | Circuit Model | Designated | |||||
| the | General Fund | Trust | Funds | Restricted | Total | ||
| accounts | (Unrestricted) | (Unrestricted) | (unrestricted) | Funds | 2021-22 | ||
| F | E | ||||||
| Income | |||||||
| Income from monetary | investments | 196 | 782 | 0 | 29 | 1,009 | |
| Assessments on Churches |
164,132 | 0 | 0 | 0 | 164,132 | ||
| Grants received | 17,848 | 0 | 0 | 0 | 17,848 | ||
| Other charitable income |
5,120 | 0 | 2,831 | 400 | 8,351 | ||
| Total income | 187,298 | 782 | 2,831 | 429 | 191,340 | ||
| Expenditure | |||||||
| Grants and donations | 0 | 105,000 | 0 | 600 | 105,600 | ||
| Salaries and associated | costs | 130,703 | 0 | 0 | 0 | 130,703 | |
| Property maintenance | 0 | 0 | 16,450 | 0 | 16,450 | ||
| Connexional assessment |
8 model trust levy | 0 | 0 | 0 | 0 | 0 | |
| District Assessment 8 Levy |
33,951 | 18,173 | 0 | 0 | 52,124 | ||
| Office expenses | 5,989 | 0 | 0 | 0 | 5,989 | ||
| Other outgoings | 23,336 | 25,023 | 0 | 2,167 | 50,526 | ||
| Total charitable expenditure |
193,979 | 148,196 | 16,450 | 2,767 | 361,392 | ||
| Net income/(expenditure) | (6,681 ) | (147,414) | (13,619) | (2,338 ) | (170,052) | ||
| Transfers between funds |
(1,925 ) | (8,280 ) | 7,500 | 2,705 | 0 | ||
| Net movement in funds |
(8,606 ) | (155,694) | (6,119) | 367 | (170,052 ) | ||
| Total funds brought for | ward | 833,671 | 378,258 | 10,985 | 84,288 | 1,307,202 | |
| Total funds carried forward | 825,085 | 222,564 | 4,866 | 84,655 | 1,137,150 |
| Notes to | Circuit Model | Designated | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| the | General Fund | Trusts | Funds | Restricted | ||||||
| Accounts | (Unrestricted) | (Unrestricted) | (Unrestricted) | Funds | Totals 2023 | Totals 2022 | ||||
| f | f | f | f | |||||||
| Fixed Assets | ||||||||||
| Circuit Menses | 792,750 | 0 | 792,750 | 792.750 | ||||||
| Total | flied assets | 792,750 | 0 | 792,750 | 792,750 | |||||
| Current Assets | ||||||||||
| Debtors | 10 | 9,569 | 14,000 | 0 | 0 | 23,569 | 28,695 | |||
| Investments with TMCP |
0 | 200,839 | 0 | 0 | 200,839 | 202,564 | ||||
| Central Finance Board Deposits | 60,446 | 0 | 0 | 51,219 | 111,665 | 68,150 | ||||
| Cash at Bank | and In hand | 1,761 | 0 | 5,130 | 966 | 7,857 | 82,246 | |||
| Total current assets | 71,776 | 214,839 | 5,130 | 52,185 | 343,930 | 381,858 | ||||
| Current IlabSlties | ||||||||||
| Creditors (due | In under 1 year) |
(37,213) | (37,213) | (37,45S) | ||||||
| Total cvnant llabllNes | (37,213) | (37,213) | (37,458) | |||||||
| Net | current assess/IlabllNea | 34,564 | 214,839 | 5,130 | 52,185 | 30S,718 | 344,400 | |||
| Net assets | 827,314 | 214,839 | 5,130 | 52,185 | 1,099,48& | 1,137,150 | ||||
| Funds ofthe | Circuit | |||||||||
| General Fund | (Unrestricted) | 827,314 | 827,314 | 825,065 | ||||||
| Circuit Model Trust Fund (Unrestdcted) | 214,839 | 214,839 | 222,564 | |||||||
| Designated Funds (Unrestricted) |
5,130 | 5,130 | 4,S66 | |||||||
| Total Unresfrfctad Funds | 1,047+83 | 1,052,495 | ||||||||
| Restricted Funds |
52,185 | 52,185 | 84,655 | |||||||
| Total Funds | 827,314 | 214,839 | 5&130 | 52,185 | 1,085,855 | 1,137,150 |
| Trustee expenses: | 2022/23 | 2021/22 |
|---|---|---|
| Number ofTrustees | 46 | 48 |
| Total trustee expenses | 614,060 | E11,771 |
| 2022/23 | 2021/22 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Independent examiner's |
or | auditors' | fees for reporting | on the accounts | NIL | NIL | |||
| Other fees paid to the independent | examiner or auditor | NIL | NIL | ||||||
| d employees | |||||||||
| Staff Costs paid during | the | year were: | 2022/23 | 2021/22 | |||||
| K | |||||||||
| Gross wages, salades | and | benefits | in | kind | 130,361 | 104,335 | |||
| Employer's National |
Insurance costs | 9,409 | 8,272 | ||||||
| Pension costs | 19,046 | 18,096 | |||||||
| Total staff costs | 188818 | 130,703 | |||||||
| Average number of |
full-time | equivalent | employees | in the year were: | 5.1 | 4.1 |
| 8 | For information only Money received and passed |
on to External | Organisations | |
|---|---|---|---|---|
| 2022/23 | 2021/22 | |||
| Balance brought forward from last year |
0 | 0 | ||
| Offerings!Gifts - received for External Organisations Offerings/Gifts —passed to External Organisations |
3,531 3,531 |
2,501 ~2,501 |
||
| Balance carried forward |
| angible Fixed | Assets | |||
|---|---|---|---|---|
| Manses | Total | |||
| Balance brought | forward | 792,750 | 792,750 | |
| Balance carried | forward | 792 750 | 792 750 | |
| Depreciation brought forward |
||||
| Depreciation carried forward |
||||
| Net Book Value | brought | forward | 792,750 | 792,750 |
| Net BookValue | carried | forward | '792,750 | 792,750 |
| 2022/23 | 2021/22 | |||||
|---|---|---|---|---|---|---|
| E | ||||||
| Loan to Barrow-upon-Soar | Methodist | Church | 10,000 | 15,000 | ||
| Loan to East | Leake Methodist | Church | 4,000 | 5,000 | ||
| Prepayments | and accrued | income | 9,569 | 8,898 | ||
| Total staff costs | 23,569 | 28,898 |
| Fund Name | Opening | Incoming | Resources | Transfers | Closing | Purpose ofthe fund | Purpose ofthe fund | Purpose ofthe fund | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Balance | Resources | Expended | Balance | |||||||
| Restricted Funds | ||||||||||
| AD 2000 | 966 | 0 | 0 | 0 | 966 | For musical worship | ||||
| Mission Fund | 83,689 | 12,425 | (50,895) | 6,000 | 51,219 | For Mission Work | ||||
| Total Restricted | 84,655 | 12,425 | (50,895) | 6,000 | 52,185 | |||||
| Designated | Funds | |||||||||
| Property Inspection |
1,662 | 0 | (1,008) | 3,000 | 3,654 | For Quinquennial | and | |||
| Fund | other Property | inspection | ||||||||
| costs | ||||||||||
| Manse Repair Fund | 3,204 | 0 | (11,728) | 10,000 | 1,476 | For the maintenance | of | |||
| the Manses | ||||||||||
| Total Designated | 4,866 | 0 | (12,736) | 13,000 | 5,130 | |||||
| Totals | 89,521 | 12,425 | (63,631) | 19,000 | 57,315 |
| Fund Name | Opening Balance |
Incoming Resources |
Resources Expended |
Transfers | Closing Balance |
Purpose ofthe | fund | |
|---|---|---|---|---|---|---|---|---|
| Restricted Funds | ||||||||
| AD 2000 LMCIC |
1,644 77,561 |
0 29 |
(678) (1,109) |
0 (76,481) |
966 0 |
For musicaI worship For provision of |
||
| accommodation | to | |||||||
| Mission Fund Total Restricted |
5,083 84,288 |
400 429 |
980 (2,767) |
79,186 2,705 |
83,689 84,655 |
foreign students For Mission Work |
||
| Designated Funds |
||||||||
| Property Inspection Fund |
6,300 | 0 | (7,638) | 3,000 | 1,662 | For Quinquennial and other Property Inspection |
||
| costs | ||||||||
| Manse Repair Fund | 4,685 | 2,831 | (8,812) | 4,500 | 3,204 | For the maintenance | of | |
| the Manses | ||||||||
| Total Designated | 10,985 | 2,831 | (16,450) | 7,500 | 4,866 | |||
| Totals | 95,273 | 3,260 | (19,217) | 10,205 | 89,521 |
| ~Au ust 2023 |
. | |||
|---|---|---|---|---|
| Dates acted if | Name ofperson (or body) | |||
| Trustee name | Office (ifany) | not for whole | entitled to appoint trustee (if | |
| year | any) | |||
| Rev. Andrew | Lomax | Superintendent | Trustee via office | |
| Rev. Martin Swan |
Minister | Trustee via office | ||
| Rev. Calvin Cheung | Minister | Trustee via office | ||
| Rev. Sandra Marshall | Minister | Trustee via office | ||
| Deacon Janet | Sutton | University Chaplain |
Trustee via office | |
| Mr Trevor Ranson | Senior Circuit steward | Circuit meeting | ||
| Mrs Carolyn | Circuit steward | Circuit meeting | ||
| Thorn borow | ||||
| Dr Karen Ette | Circuit steward | Circuit meeting | ||
| Mr BHarrison | Circuit steward | |||
| Mr SRPeach | Circuit secretary | Circuit ineeting | ||
| Mrs RThorpe | Circuit treasurer | Circuit meeting | ||
| Rev. Andrew Lomax | Safeguarding Officer |
Circuit meeting | ||
| Mr JBateman | 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 | ||
| Lcake) | ||||
| Mr RNewton | Lay worker (Sileby) | Circuit meeting | ||
| Ms VLi | Lay worker | Circuit meeting | ||
| (Knightthorpe) | ||||
| Mrs EBristow | Lay worker | Circuit meeting | ||
| (Mountsorrel) | ||||
| Ms K Brookes-Duncan | Lay worker | Circuit meeting | ||
| (Shepshed) |
| Mr J Pipet | Digital lay worker |
Circuit meeting | |
|---|---|---|---|
| (12th Church) | |||
| Mr D Bristow | Quinquennial | Circuit meeting | |
| Inspections | |||
| Mrs L Cutts | MHA | Circuit meeting | |
| Mrs S Webb | Senior steward | Barrow church council | |
| Mr P Yates | Treasurer | Barrow church council | |
| Mr BHarrison | Senior steward | East Leake church council | |
| Mr R Lathain | 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 D Mee | Senior steward | Mountsorrel church council |
|
| Mr G Wainwright | Treasurer | Mountsorrel church council |
|
| Mr LLongmire | Representative | Mountsorrel church council |
|
| Mrs JCheung | Representative | Chinese church council | |
| Ms FWong | Treasurer | Chinese church council | |
| Mr M Bird | Representative | Quorn church council | |
| Mrs D Bird | Senior steward | Quorn church council | |
| Mr KCroysdale | Representative | Quorn church council | |
| Mrs STurlington | Representative | Quorn church council | |
| Mrs D Scott | Treasurer | Christchurch Shepshed |
church |
| council | |||
| Mr I Scott | Representative | Christchurch Shepshed |
church |
| council | |||
| Mrs LCutts | Representative | Christchurch Shepshed |
church |
| council | |||
| Mrs R Grimley | Representative | Christchurch Shepshed |
church |
| council | |||
| Mrs A Barber | Representative | Sileby church council | |
| Mr A Thorpe | Senior steward | Trinity church council | |
| Mr S Scoggins | Representative | Trinity church council | |
| Mrs R Thorpe | Treasurer | Trinity church council | |
| MrN Cox | Representative | Trinity church council |
| Mrs | S Moilart | Secretary | Woodhouse | Eaves church |
|---|---|---|---|---|
| council | ||||
| Mrs | 0Thompson | Representative | Woodhouse | Eaves church |
| council | ||||
| Mr | M Blatherwick | Representative | Woodhouse | Eaves church |
| council | ||||
| Ms | M Folwell | Senior steward | Wymeswold | church council |
| Ms | S Fossey | Treasurer | Wymeswold | church council |
Full Name Position Chair £pE£l I I o C6.2u