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2021-08-31-accounts

2020/21 Restricted 6 2020/21 Restricted 6
2020/21 Unrestricted Funds Endowment Funds
Nates to Circuit Model Designated
General Fund Trust Funds Restricted Endowment Total
accounts (Unrestricted) (Unrestrkted) (raeestrkted) Funds Funds 2020-21
f f f f f
Income
Donations and legacies
Income from rrnnetary
investments
Income from srvestment
property
Assessments
on Churches
7,091
165,791
600
868
7,091
166,7$1
Grants 8,837 B,BS7
Other charitable
activities
1SB
Total from charitable acti vIBes 17S,686 0 B,BS7 0 18$,S26
Other charitabh
income
Total from Charitable
Income
17$,686 0 B,BS7 0 18S,S28
Other income
Total income and endowments
4,187 0 12,095 0 7,446
190,
1
Expenditure
Grants and donations
10 0 6,000 1,761 7,761
Salaries and associated costs 11 128,648 11,176 1S8,824
Properly
Oliice expenses
District Assessment
& Levy
Other Outgoings
Total charitable expenditure
12
13
14
15
31,913
4,875
50,438
512
216,S84
14,321
615
20,9S6
4,349
691
4,$4$1S,628
0 $1,913
4,875
64,757
6,167
256,2$7
Net Income/(experKBture)
before
Investments
S8,611 20,1SS 4,S49 1,6SS 0 64,626
Gains/(hsses)
on revaluation/sale
of
plopertlBS
Gains/posses)
on monetary
investments
Net Incoming/(outgoing)
resources
before transfers
($8+11 (20,1$$) (4+48 (1,5$S) 0 (64,528)
Transfers
betwerm
funds
10,000 (19,000) 9,000
Other gains/(hsses)
Net movement
in funds
(28,611 $9,1SS) (4,$497,487 0 84,626)
Recondliation
offunds:
Total funds brought
forward
1,137,636 307,809 9,499 5,711 0 1,460,655
Less: Future installments
of
Total fLmds carried forward
grants 1,109,12S 268,678 6,150 1S,178 0 1,$$6,129

General Fund Circuit Model Designated Restricted Endowment Totals 2021
(Unrestricted) Trusts Funds Funds Funds
Notes tothe (Unresb icted) (Unrestricted)
Accounts 5 5 E
Fixed Assets
Circuit Menses
IL Equipment
16
Investment
propedies
16 230,000
Investments 0
Total tbred assets 1,06S,OOO 0 1,06S,OOO
Current Assets
Deblors 17 9,670 37 9,707
Trustees for Methodist
Church
Purposes 18 268,639
Central Finance Board Deposits 19 26,479 26,479
Cash al Bank and in hand 19 29,536 5,150 13,178 47,864
Tote(current assets 66,685 268,876 5,150 1S,178 0 $62,889
Current
NabtlIOes
Creditors (due in under 1year) 19,560 0 0 0 0 19,560
Grants payable
within 2020-21
0
Total current liabilities 19,660 0 0 0 0 19,660
Net current assetslliabilitles 46,126 268,676 6,160 1S,178 0 SSS,128
Total assets less current liabilities 1,108,126 268,676 5,160 1S,178 0 t)$98,129
Long term liabflfties
(due after more than one year)
Grants payabkr cher 2020-21
Net assets 1,109,126 268,676 5,150 1S,178 0 1,$96,129
Funds otthe Circuit
General Fund (Unreslricted) 1,109,125 1,109,125
Circuit Model Trust Fund (Unrestdcted) 268,676 268,676
Designated
Funds (Unrestricted)
5,150 5,150
Total Unreslricted Funds 1,S82,961
Resbicted Funds 22 13,178 13,178
End~ Funds 0 0
Total Funds 1,108,126 268,676 5,150 1$,178 0 1,$96,129
Signed
Circuit Treasurer

2019/20 Restricted 8 Restricted 8
2019/20 Unrestrkted Funds Endowment Funds
Notes to Clrcult Model Designated
the General Fund Trust Funds Restricted Endowment Total
accounts (Unrestrkted) (Unrestrkted} (tarrestrkted) Funds Funds 2019-20
f f f f f f
Income
Donations and legacies 0
Income from monetary
investments
437 S,068
Income from bvestment property 5,752 5,762
Assessments
on Churches
Grants
209,917 5,231 20S,917
5~1
Other charitable
activSes
2,581 2,561
Tabd from charitable eel vtges 218,667 2,622 0 6,2S1 0 228,520
Other charitable
income
Total from Charitable
Income
218,667 2,622 0 6,2S1 0 226,620
Olher income 4,402
Total Income and endownrents 218,867 2,622 0 S,BSS 0 2M,922
Expenditure
Grants and donations
10 0 11,800 3,945 15,745
Salaries and associated costs 11 127,469 12,770 140+SQ
Property 12 19,429 19+2$
Office expenses 13 5,021 5,021
District Assessment 5 Levy 14 51,464 18,121 69,686
Other Outgobgs 15 3,713 717 500 12 4,$42
Total charitable expendlture 207,098 500 16,727 0 254,961
Net income/(expenditure) before
investments 11,571 28,018 600 7,094 0 24,0SS
Gains/(bases)
an revabalion/sale
of
pro perhes 0 0
Gains/(bases)
an monelary
investments
Net Incoming/(oulgalng} resoraces
before transfers 11,571 (28,018 (500) (7,094) 0 (24,0SS)
Transfers between funds 10,000 (22,736} 4,736
Other gains/(bases)
Net movement
in funds
21,671 (50,752) 0 24,0SS)
Reconciliation d funds:
Total funds brought forward 1,116,065 358,561 0 1,484,694
Less: Future installments ofgrants
Total funds carried forward 1,1S7,8S6 S07,80$ 9,499 6,711 0 1,460,855

General Fund Circuit Model Designated Restrkted Endowment Totals 2019
(Unrestricted) Trusts Funds Funds Funds
Hates tothe (Unrestrkted) (Unrestricted)
Accotsrts 6 6 6 6 6
Fixed Assets
Cscuit Menses &Equipment
Investment
properties
Inveslmiils
16
16
170,000 170,000
0
1,08S,OOO 0 1,06S,OOO
Current Assets
Debtors
17 9,776 9,963
Trustees for Methodist
Church Purposes
Central Finance Board Deposits
18
19
57,066 307,604
57,066
Cash al Bank and in hand 19 29~7 9,499 5,711 44,447
toorf current assets 96,061 S07,809 9,498 5,711 O 419,10O
Current
NabolNes
Credgors (due in under 1 year) 21,445 0 0 0 0 21,445
Grants
payable
within 2019-20
Total current
liabilities
Het current assetsltlabNNes
74,6S6 307,809 9~ 6,711 0
0
0
21,446
S97,665
Total assets less currerN liablgtles 1,1ST,6S6 S07,809 9,498 5,711 0 1,480,656
Long term liabilities
(due after more than one year)
Grants payable after 2019-20
Net assets 1,1ST,6S8 9,499 5,711 0 1~,665
Funds ofthe Circuit
General Fund (Unrestricted)
Circuit Model Trust Fund (Unrestikted)
1,137,636 307.809 1,137,636
307,809
Designated
Funds (Unrestricted)
Total Unrestricted
Funds 21 9,499 9,499
1,454,944
Restikted Funds
Endowment
Funds
22 5,711 0 5,711
0
Total Funds 1,1S7,8S6 S07,809 9,499 5,711 0 1,480,656
Signed
8Iy,f
I ~ ((( z2
Circuit Treasurer

Notes to the Accounts for the year ending 31August 2021
1 Accounting
Convention
The financtal statements
have been prepared
in accordance
wllh the charities governing
document
and
Accourrting
and Reporting
by Charities:
statement
ofReconsnended
Practice appliable
to charities preparing
their accounts 4accordance
with the Fkrancial Reporting Standard applicable 4the UK
and Repubfic of Irekrnd (FRS 102) (published
in October 2019)".The charily is a public benefit entity
as defined
by
FRS 102.
The accounts have been prepared
in sterling
which is the functional
currency ofthe charity. Monetary
arrxrunts 4these financial skrtements are rounded to the
nearest E.
These accounts have been prepared
on the basis of historical cost modiTied to inc4de the revaluation
offreehold
properfies
and
to inc4de investment
properties al fairva4e. The principal
accounting
policies adopted are set out bekrw.
2 Funds
The funds held constitute: General Funds held for any purpose ofthe Cicuit which are Unrestricted. The Clrcui Model Trust has wide purposes defined
in
Standing Orders and is categorised as unrestricM.
Restricted funds which are heki fora narrower
purpose. There are
also the folbwing Endowment funds as
fated. Detais ofeach malarial
fund are discbsed ir the final note tothese accounts. Any funds may
be represented by more than just cash.
3Accounting
policies
Income Recognition
Income is krcluded
in the statement
ofFinancial Acfivtfies (SOFA) ofthe Circuit becomes enfified tothe resources,
and the trustees are reasonably certain they
will receive the resources; and the monetary
value can be measured
with sufficient
reliability.
Resources Expended
This is recognised
when a iabiity is incurred, ora constructive
obligation arises, that results
in the payment
being unavoidabkr.
Liabilities are recognised as soon
as an outfiow ofeconom4 benelit is considered
more fikely than not under the legal or constructive
obligation
comrrdNng
the
Circuit to pay out resources.
Grants
Grants made by the Cicuit from it's own funds are recognised 4 full at the time ofagreement
or when the Circuit accepts that there isa legal or
operational
obligation to make the payment.
When the grant is recurrent
over more than one year the bakrnce payable 4 future
years istrerded as a provkrion for future
commintments
in the Balance Sheet against the appopptrde
fund, the provision
being released
in future years as instalmenst
ara paid in accordance with the
original agreed terms.
VAT
Since fire circuit is not VAT registered, ai input VAT ischarged wih the expenses to which
it refers.
Tangible fixed assets for use by the Circuit
These are capialised ithey can be used for mixe than one year, and individually
cost at krast R1,000.
The freehold
properly
is shown
in the accounts at 2020deemed va4es. No depreciation
is provided
on the building because the trustees consider the current
residual fair va4e ofthe manse buildings
(on the assumption
that it had reached the end of il's useful econom4
life by
theyear~ to be not less than
it's
current value. Any depreciation
would not be malarial. The property has been reviewed for impairment.
Investment
Properties
Investment
Properties - no property
is currently deemed to not be hekl for the bng term purposes of
the Charity.
Investment
properties for which fair value can
be measured
reiably are measured
at fair va4e at each reportkrg
date wih changes
in fair value recognised
in the
SOFA.
Investments
Investments
are valued
in the balance sheet al the market value at the year end. Investment
income
is induded
in
the accounts when receivable and gains or
bases on reva4alion
at the year end are shown
in the SOFA.
Debtors and Prepayments
Debtors rekrte tothe payment
ofthe September
stipend
in August.
Creditors and Accruals
Creditors indude
both sundry expenses and specifically the 1stquader assessment
received
in August.
4Critical Accounting
Estimates and Judgements
In the appication
ofthe Charity's
accounting
poficies, the truslees are requiad to make judgements,
esfimates and assumptions
about carrying value ofassets
and lkrbil5es that are not readily apparent
from other sources. The estimates and~ed assumptions
are based on historical experience
and the other
factors that are considered to be relevant. Actual resulls may differ from those estimates.
The estimates and associated assumptions
are reviewed
on an ongoing basis. Revishns to accounting
estimates
are recognised in the perkxl in which the
estimate
kr revised where the revision
only elfects that period, or in the pertod of revision and future
periods where the provision efifiects both current and future
pellods.

General Fund
Church 2019/20
Guisbo rough
Zetkrnd Park 19/36 21,757
Newconien 16,428 19,526
25,560 27,914
4,716
Saltbum 12,408 24,884
Skelton
Brotton 5,760
Skinningrove
Hinder& 3,000 7,361
Danby 12,966
1,500 10,432
2,500 1,714
1,092 1,092
165,791 209,917

er charitable act ivities
General Restricted Funds
2020/21 2019/20
C&DChurches donatiom 425
CBDChurches donatiom 410
C8D Churches donations
C&D Churches donations
C8DChurches donations
419
Home Missions
Overseas Missions 1,210
Hope4Eastcleveland
Gukrborough 4187
Tolal 4187

rants and Donati ons to Churches
General
Guisborough 5,000 5,000
esterd ale 1,000
Sattbum 5,800
Tohd 11,800
2019/20
C&D Church's~ 410
C&DChurch's donations
C&D Chrach's onations
C&D Church's donations
MWI8 419
Total 1,761

Stlpanda General Fund
2020/21
Stipends
Nl Contributbns 6,831 7,106
Pension Fund Contributions 21,205
Ostfpprint/Stat
Sundry Expenses
Telephone 1,716
Traveling 3,107 6,729
renliceship levy 414
Supernumerary 2,166
Removal costs
Total 114,641 117,990
2020/21 2019/20
Geneml General General
Total Total
8+28 9,835 23,003 7878 17,498
Employers
NI
123
41
141
74
115 128 75
Traveling
Telephone
~tfStat
378 425 425 812 812
Sundry expenses 1,464 1,464
Payrol Fee
Leaving
gift
57 57
Ofgce equipment Total 9,067 11,176 25,183 9,479 12,770 22,249
No. ofstaff
Total Stlpends and salaries 123,708 4,940 11,176 139,824

2020/21 General 2020/21 General 2020/21 General 2020/21 General Fund
Other Prof Other
Council Tax Maintenance Fees Services Insurance Total
10Bracken Cr 2,481 11,371 14,832
25Cartmel
Rd
1,936 207 5,211 75 318 7,74
60Wrndennere Dr 517 78 1,075
1 Bridge Green 2,426 102 3,171
1,2
Equipment
Yr End Adj
(17) (17)
Total 1,276 18/59 128
201S/20 General Fund
Other Prof Other
Menses Councm Tax Water Usage Maintenance Quin insp Fees Services Total
10Bracken Cr 2,392 4,619
25Cartmel
Rd
21 4,182 318
60Windermere Dr 2,402 3,849
1 Bridge Green 147 147
Equipment
Yr End Adj Total 7,312 1,433 (218)
2,138
(218)
17,748
Other Church Property
2020/21 General Fund
Other Properly Insurance Qukt Insp Total
Saltbum
Church
Marske Church
Hkrderwell
Church
Total 1,950
201S/20 General Fund
Insurance Electric Water Usage Maintenance Qukt Insp Total
New Marske Church
Guisborough Church 1150 1,150
Skinnlngrove Church 51 51
Total 1/01 1,681
Total Property 2020/21 -General Fund 31,913
Total Property 2019/20 - General Fund 19,429

ther Outgoings
2020/21
General Fund Designated Restricted Total
TMCP management Ch 615 615
MIA/I Bexps
Local~Exps
Other Ckcult Exps 326
C8D Mission Fund 4,349
Hope4east
Cleveland
Oub
Total 512 615 4,349 6,167
2019/20
General Fund CMTF Total
TMCP management Ch 717 717
MINIB exps
Local Preacher Exps
213 12 12
213
Other Ckcuit Exps
C8D Mission Fund
Total 3,713 717 12 4,942

2020/21
Manse Buildings Macheery fittings and Construction Total
25Cartmel Rd 170,000 170,000
1 Bridge Green
10Bracken Cree 298,000
60Windermere Dr 230,000
Total 230,000
2019/20
Manse Buiklings Machinery fittings and Construction Total
25 Carknel
Rd
170,000 170,000
1 Bridge Green 365,000
10Bracken Crea 298,000
60Winderma re Dr 230,000
Total 1,063,000
Valuation
ofCartmel Rd and 1 Bridge Green menses based on Bell-Snoxell va4ation @2010
Valuation
ofBracken Cr and tNindermere
Drive menses based on B~noxel va4ation when purchased in 2015and 2016
The Trustees believe that there has not been any material change in the menses va4es up to31stAugust 2021.
During 2020 there was a change ofuae for25 Cartmel Road which isonce agakr being used as a manse and

urrent Assets - Cen tral Fi nance Boar d (CFB ) and Bank/Ca sh
Bala
nces
2020/21
General Fund Tolal
26,479
5,150 12,946
MWIB Cash kt hand
WM & HM Cash h hand
29,536 5,150 13,178 47,864
2019/20
General Fund CMTF Total
57,066 57,066
CAF bank 9,499 5,681 44,417
MWIB Cash in hand
WM &Hvt Cash kt hand
Total 29/37 9,499 5,711

urrent
Liabilities
2020/21
General Fund CMTF Designated Restdcted Total
Assessments
in Advance
12258 12358
Rent in advance
Computer
soltware
132
Ministers
&Staff exps
2,019 2,019
Sundry Creditors 116
ntancy
plovlskNI
1,620
Independent
exam fee provision
2,076 2,076
1,000
Total 19,560 19,560
2019/20
General Fund CMTF Designated Restricted Total
Assessments
in Advance
14, 14,780
Rent in advance
Computer Software
Ministers
8,Stalf exps
1,197 1,197
Sundry Credilors 1,814 1,814
ntancy
provision
1,620 1,620
Independent
exam fee provision
2,034
Total 21,445 21,445

esignate d
Fund
Analysis
C8D
Leave Mission
Donations Fund Total
BIfwd from 2019/20 9,
Donated 2020/21
Transfer from TMCP
Expenditure 2020/21

C8D
Education Lay worker Benvolent Church Mission 8 Darlingtcn
Fund Fund Fund Fund Donations Discipleship NPNP Fund Total
B/fwd from 2019/20 472 5,711
Donations received
2020/21 419 1295 3,2
Gmnts received
2020/21 1,837
Transfer from General
Fund
Transfer from TMCP 9,000 9,000
Expenditure
2020/21
(11,176) (419) (691) (12,286)
Donations Trans
2020/21 (1,342
Total 1,295 1,309 13,178
ayments to Trustees
2020/21 2019/20
Payments toTrustees
Payments
made to trustees for addiTional services provided tothe Cicuit by agreement
the Crcuh~
with a Nil Nil
Number oftrustees who were paid expenses
Nature ofthe expense
Expense payments
primarily
relate
to resnbursement for travel, postage, training, stationery costs8 mkror manse maintenance.
Total amount
paid
K 4,311 8,018
eesfor examination or audit ofthe accounts
2020/21 2019/20
Independent
examiner's
or auditors' fees for sporting on the~ 2,088 2,046
Other fees (eg:advice, accountancy services) paid to the independent examiner orauditor
aid employees
Staff Costs paid during the year were:
Gross wages, salaries and benefls in kind
Employer's
Nafional Insurance
Costs 7,437
Pension Coals 21,205
Total staff costs 130, 122,527
Average
number ofstaff employed
during the year were: