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2020-08-31-accounts

Statement ofFinanci al Act ivities (SOFA) forthe year e nded 31Aug ust 2020
General Fun R strkted Funds Other Funds Designated Totals this year Previous year
(Unrestricted) (Endownment) (Designated) totals
lncomin
Resources
1 Assessment
or Share
2 Collections/gift
day/gift
aid 38,613 38,613 42,890
3Interest and Investment Income 1,398 137 1,581 1,551
4 Donations 2,645 2,645 2,405
5 Contributions
from Circuit Advance
Funds
6Connexional
Advance
&Priority Fund
distribution
7fund raising income 2,391 2,391 3,376
8Other income, lettings/trading 16,359 17 16,376 28,563
9 Internal
organisations
1,294 1,758 2,753
10 Total Incoming Resources 61,87 1,431 63,3 81,53
Resources Expended
11Salaries and associated costs 8,340 8,340 3,487
12Circuit Assessment 43,440 43,440 41,000
13Expenditure
on Property
repair/maintenance 11,947 11,947 13,068
14other expenses 4,718 32 4,750 4,821
15Insurance,
utilities elc
10,073 10,073 11,058
16internal
Organisations
678 1,556 2,234 4,797
17Depreciation 2,807 2,807 3,298
18Provisions
19Benevolence 300 2,550
20 Ecumenical
and New Communities
21 Training
22 Professional fees
23Total Resources Expended 82,30 1,58 83,891 84,07
24Net incoming Resources -20,43 -15 -20,527 -2,541
25Transfers between funds
26Sub Total -20,433 -157 63 -20,527 -2,541
27Gains/losses
-bequest
5,000 5,000 100,000
28Net investment
in funds
-15,433 -157 63 -15,527 97,459
29Total funds brought forward from last year
2,402,919 82,573 49 17,846 2,503,387 2,405,928
soTotal funds carried forward at end of
year 2,387,48 82,41 17,909 2,487,86 2,503,387
For information
only: Iloney received and
passed on to External Organisations
Balance brought forward from last year
Offerings/Giffs
-received for External
Organisations 3059 7870
Offerings/Gifts
-passed to External Organisations
3059 7870
Balance still to be paid

Walkden Methodist Church
2019
4. Donations
(SOFA 2)
Unrestricted
Restricted
2020Total
f
Total
f
Collections &gift Day 30,649 30,649 32,420
Tax credits- gift aid 7,964 7,964 10,470
ota
2020 2019
5. Charitable
activities
Unrestricted
Restricted
Total Total
(SOFA7)
Fun raising
income f f
Fund raising -general funds 2391 2391 3,376
Fund raising -designated
Total 2,$91 2,$91 3,376
2020 2019
6. Other income &trading
(SOFA 8)
Unrestricted
Restricted
Total
f
Total
f
lettings 15,724 15,724 27,639
cards, fair trade, books etc 260 260 393
other income 375 375 510
other income designated 17 17 21
Total 16,376 16,376 28,56$
2020
7. Investment
income
Unrestricted
Restricted
Total Total 2019
(SOFA3)
Interest:
f f
Central Finance Board 1 62 62 62
CFB2 —designated 46 46 44
TMCP 1336 137 1,473 1,445
Total 1,444 137 1,581 1,551
2020 2019
8. Other
SOFA9)
Coffee
Unrestricted
Restricted
Total
f
464
Total
f
740
Luncheon club 1294 1294 2,013
Total 464 1294 1,758 2,753
Donations(SOFA 4)
Donations- General funds 2645 2645 2,405
Donations- designated funds
Total 2,645 2,645 2,405

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Carrying (market) value at beginning
ofyear
271,000 171000
Add: additions to investments
at cost
Less:disposals at carrying value
Net gain on revaluation 100,000
Carrying (market) value at end ofyear 271,000 271,000
Debtors and prepayments
Pre paid assessments
Accrued
income
Other debtors
Total debtors and prepayments

Loans
Source Amount
brought
forward
New
borrowings
Loan interest
f
Repayable
the year
in
f
Balance at
year end

Unrestricted
Funds
Fund Name Opening Income Expenditure Transfers Revaluation Closing Balance
Balance gains/losses
Unrestricted
Funds
2,420,765 61,933 -82,303 5,000 2,405,395
Total 2,420,765 61,933 -82,303 5,000 2,405,395
Restricted Funds
Fund Name Opening Income Expenditure Transfers Revaluation Closing Balance
Balance gains/losses
Redevelopment
Fund
Sale Qf Recreation Ground
Bequest
ELM Rushton
Bequest
EWolstenholme
Bequest
Luncheon
Club
After Hours
Total 15,339
35,748
26,607
197
547
3,239
896
82,573
131
1,294
1,431
-30
-1,556
-1,588
15,440
35,748
26,607
197
551
2,977
896
82,41