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2020-08-31-accounts

NameofChurch Greenhill MethodistChurch MethodistChurch Number 1130675
StatementofFinancialActivities
for the
ended31 2020
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Total
20L9 -20
Total
2018-19
f E f t
lncomingResources
Donationsandlegacies 4 92,6A0 24,895 LL7,576 128,595
-Collectionsandtax credit 97,987 24,896 116,883 726,536
- Donations 693 693 2,059
-Legacies
Charitable activities 5 8,987 8,987 9,523
Fund raising 8,O77 I,O77 9,s23
-Others 910 910
Othertradinsactivities 6 16,237 L6,237 18,996
-Lettings 74,566 74,566 18,533
- Miscellaneous 1,67L t,677 463
Investments 7 228 809 t,o37 787
Other 6 3,864 sLg,709 523,573 295,990
-lnternal organisations 3,A64 3,864 6,555
- Miscellaneous 5L9,709 579,709 290,434
Total L2t,996 545,4t4 657,4t0 454,891
Resources Expended
Salaries,NIC&Pension costs L7 L7,577 L7,577 27,053
CircuitAssessment 60,960 60,950 67,200
Maintenance onChurchbuildine(s) andpropertv 27,537 27,537 29,234
Telephoneand Travel 380 380 189
Utilities(insurance,heat and light, water, etc) 72,096 153 72,249 12,870
Expenditureonotherproperty
Depreciation t2
lnternal organisations 4,247 4,24L 6,348
GrantsandDonations 7,700
Other expenditure 22,306 669,762 692,068 74,7L9
Total 127,52O 68L,492 809,012 229,3tt
Netincome/(expenditure) s,524 136,078 t4L,602 225,578
Transfers betweenfunds
5,524 136,078 747,602 22s,s78
Other recognisedgains/(losses):
Gains/(Losses)on revaluation of fixedassets 4,91O 4,gLO 7,959
Gains/(Losses)on investmentassets
Actuarialgains /(losses)on defined benefitpension
schemes
Netmovementinfunds 5L4 736,O78 736,692 233,537
Reconciliation of funds:
Total funds brought forward 236,2U 40L,2L9 63't,423 403,886
Change inaccounting policy 5
Total funds carriedforward 23s,590 265,L4L 500,731 637,423
Balance Sheetasat31 August 2020
Unrestricted Designated Restricted EndowmentFunds Totals thisyear Totals lastyear
(unrestricted)
f f f f f
TangibleFixedAssetsi
Notes
Land&Buildings 1-2 t93,742 793,742 188,832
L2
lnvestmentproperties 1A
lnvestments 13
Totdl lixedossets L93,742 t93,747 188,832
CurrentAssets
Debtors and Prepayments L4 1,990 1,990
Grantsawarded notyetreceived t4 80,000
2020Vision BuildingFund TMCP
2020VisionGrantsonConsents
CashatBankandinhand
Trust
website
t4 32,545 7,613 45,901
219,240
45,901
2s9,398
92,773
170,000
106,118
Other
Totolcufientossets 34,535 7,6t3 265,t47 307,249 448,891
Liabilities
creditors(duein1year) 15 300 300 300
CaTffafaOmmfmEntsa nd contIn 8ent
liabilities
Totol cufientlidbilities 300 300 300
Netcurrentassets(liabilities) 34,235 7,6L3 265,t4t 306,989 448,59t
Totoldssetslesscurrcntliobilities 227,977 7,6t3 265,14r 500,731 637,473
Loans andcreditors due after1year t7
Loansandcreditorsdueafter1 year 77
Aretossets 227,977 7,673 265,1-41 500,731
FundsoftheChurch
Unrestricted funds 227,917 7,61-3 235,590 236,204
Restrictedfunds 265,L4L 265,147 40L,279
Endowment funds
TotalFunds 18 227,977 7,613 265,1-41 500,731 637,423
*Details- seeNote12
Openingbalance Receipts Payments Net Receipts/ Adjustments Closing
Payments balances
lnternal Organisations
Bookstall
627 519 648 r29 L 499
loffee Mornins 96 50s 634 29 67
Faith andAction r.05 330 86 244 1 3s0
Toddler Group L,570 2,121 2,544 427 1 1,144
Weslevgroup 2t0 159 150 L 209
Women's Network 242 130 165 35 207
2,850 3,864 4,24L 377 3 2,416

Methodist Church
2020 2019
4.Donations andlegacies Unrestricted
f.
Restricted
f
Total
f
Total
f
Collections 72,690 t7,654 90,344 95,567
Taxcredits 79,297 7,242 26,539 30,969
Donations 693 693 2,059
Legacies
Total
92,680 24,896 L17,576 128,595
2020 20L9
5.Charitableactivities Unrestricted
f
Restricted
f
Total
f
Total
f
TitheFundincome 8,077 8,077 8,341
PropertyReserveFund
AV Fundincome
Total
910
8,987
910
8,987
1,].82
9,523
2020 2019
5.Othertrading activities Unrestricted
f
Restricted
f
Total
f
Total
f
Rentalincome 74,566 14,566 18,533
Other L,671 1,67t 463
Total t6,237 L6,237 18,996
2019 20t'8
7.lnvestmentincome Unrestricted
E
Restricted
f
Total
f
Total
f
lnterestreceived 28 1,009 L,037 787
Total 28 1,009 L,O37 787
2020 20t9
8.Other Unrestricted
E
Restricted
f.
Total
Total
f
lnternalOrganisations 3,864 3,864 5,556
Uniformed OrganisationslnsuranceContribution 153 153 149
SuicidePrevention Grant 2,820
2020Vision BuildingFund Gifts 499,556 499,556 97,465
2020 Vision ConsentsWebsiteGrants 100,000 100,000 190,000
Total 3,864 599,709 603,573 296,990
12.TangibleFixedAssets Costorvaluation Church (non
Paymentson
investment)
Othernon
lnvestment
Otherfixed
accountand
Iandand
investmentland
properties(land
assetsincluding
Fixtures,fittings
assetsunder
buildings

andbuildings
f
and buildings)

motorvehicles
f
andequipment
f
construction
f
Total
f.
Balancebroughtforward
3,516,140
188,832
3,704,972
Additions Revaluations (+/-)
9L,428
4,910
96,338
Disposals (-) Transfers*(+/-) Balancecarriedforward
3,607,569
t93,742
3,801,310
Accumulated Balance broughtforward Depreciationchargeforyear(-) Revaluations (+/-) Disposals(-) Transfers*(+/-) Balance carriedforward Netbookvalue Broughtforward
3,515,140
188,832
3,704,972
Carriedforward
3,607,s68
L93,742
3,801,310
The above figuresarethevaluations providedforinsurance purposes.Thevaluationhaspreviously been includedas acarrying valueinthesechurchaccounts, howeverthechurchbuildingisnotownedbyGreenhill
MethodistChurch.Asaresultthecarryingvalueofthelandandbuildingsasoutlinedaboveisnotincluded
inthebalancesheet and these figuresareprovided fordisclosure purposes only.

Changeininvestmentvalues
f f
Carrying(market)valueatbeginningof year
Add: additionstoinvestments atcost
Less:disposalsatcarrying value
Net gain/(loss) on revaluation
Carrying(market)valueatendof year

Analsisof currentassets
y Thisyear Last Year
DebtorsandprepaYments f E
GiftAidRebates 1990
Grants awarded notYetreceived 80000
Total debtorsandprePaYments 1,990 90,000

Churchgeneralbank account 256,872 1o3,267
Churchpettycash 50
lnternalorganisations 2476 28sL
TotalCashand Bank 259,398 106,118

300 300
300 300

L7.Loansandcreditorsdueafteron eyear
Loans
Source Amount brought
forward
New
borrowings
Loaninterest
f
Repayablein
theyear f
Balanceat
yearend
f f.
due Totals
Duewithin12months
Dueaftermorethan12months
Total

Nameofcreditor Amounton31 Amounton31.
AuE-2020 Aue-2019

UnrestrictedFunds
Fund Name Opening lncome Expenditure Transfers Revaluation Closing Balance
Balance gains/losses
TitheFund 6,246 8,077 (13,459) 864
AV Fund 500 910 (1,310) 100
PropertyReserveFund
and Service Fund
3,153
L,244
437 (6ss) (21 3,153
L,020
lnternalOrganisations T 2,847
13,990
3,864
13,288
A,24LI
(19,669)
6
4
2,476
7,6L3
Restricted
Fund Name Opening lncome Expenditure Transfers Revaluation Closing Balance
Balance sains/losses
2020VisionFund 387,274 523,606 (667,9291 (1) 242,890
Lavworkers Fund 11,185 2]-,655 llt,s77l 21-,263
SuicidePrevention Grant 2,82O (1,832) 988
Unif,
lnsuranceContri
153 (1s3)
Tota 40L,219 545.4L4 (681,491) (1) 265,L4t
Funds
RestrictedFund Name Opening lncome Expenditure Transfers Revaluation Closing Balance
Balance sains/losses

This
Nameof relatedparty Relationship Description of transaction lncomefrom Paymentsto Loansto/ Amounts owedby/
relatedparty related party (from)related (to) related party as
duringthe during the party during on 31-Aug-2020
year year the year
f f f f
MrsNGordon-McKibbin Wife of Trustee Paymentfor administrative work 1,518
Total 0 1,518 0 0
Last
Nameofrelatedparty Relationship Description of transaction lncomefrom Paymentsto Loansto/ Amounts owedby/
relatedparty related party (from)related (to) related partyas
duringthe during the partyduring on 31-Aug-2018
vear year theyear
E f f
Total 0 0 0 0

Trustees of the
Greenhill Methodist Church
rdd31"tAuust 2020