##
##
##
##
##
##
##
##
##
|Circuit|Ministers|and Officers|and Officers|and Officers||||||
|---|---|---|---|---|---|---|---|---|---|
||Active|Circuit||Ministers:|Revd Bernardino
M Mandlate|||||
||||||Revd Kido Back|||||
||||||Revd Mmasape
Zihle|||||
||||||Deacon Andy Packer|||||
||Circuit|Lay Worker:|||Mrs Caroline
Dawson|||||
||Circuit|Stewards:|||Miss Lesley Bentall (Senior)|||||
||||||Mrs Lorna Brown|||||
||||||Mrs Foluso Famoyin|Egbo||||
||||||Mr Philip Korsah|||||
||||||Mrs Sarah Ocran|||||
||Treasurer:||||Mr Desmond
John|||||
||Administrator:||||Mrs Jackie Saito|||||
||Independent|||Examiner:|Wettone Matthews,|Market House,||||
||||||21 Lenten Street, ALTON|||GU34 1HG||
||Investment||Bankers:||Central Finance Board||of|the Methodist|Church|
||||||Trustees for Methodist||Church Purposes|||
##
##
##
##
##
##
##
##
##
##
##
##
||||Notes to|||Circuit Model||||
|---|---|---|---|---|---|---|---|---|---|
||||the|General|Fund|Trust|Restricted|Total|Total|
||||accounts|(Unrestricted)||(Unrestricted)|Funds|2020-21|2019-20|
|||||f||6|8|f|6|
|income||||||||||
|1
Donations
and legacies||||||||||
|2
Income from monetary
investments||||||473||514|1,721|
|3
Income from investment|properties|||||||||
|4
Assessments
on Churches||||302,987||||302,987|263,900|
|5
Capital Receipts||||||||||
|6
Grants received|||||||9,000|9,000|11,000|
|7
Other charitable
income|||||1,732||500|2,232|6,532|
|8Total income||||304,760||473|9,500|314,733|283,154|
|Expenditure||||||||||
|9
Grants and donations|||||13,815|||13,815||
|10Salaries and associated|costs||3|177,767|||9,500|187,287|194,381|
|11 Properly maintenance|||4||49,702|||49,702|80,073|
|12Connexional
assessment|&|model trust|levy||47,756|||47,756|46,484|
|13District Assessment
& Levy||||||5,550||5,550|5,?8?|
|14Depreciation||||||||||
|15Office expenses|||5||3,309|322||3,631|3,757|
|16Other outgoings|||6||1,471|||1,471|1,946|
|17Total charitable
expenditure|||||293,840|5,872|9,500|309,212|332,428|
|18Gains/(losses)
on monetary||investments||||||||
|19Gains/(losses)
on investment||properties||||||||
|20 Net income/(expenditure)|||||10,920|(5,399)||5,521|(49,274)|
|21 Transfers
between
funds|||||22,000|(22,000)||||
|22 Other gains/(losses)|||861||71,680|||71,680|41,144|
|23 Net movement
in funds|||||104,600|(27,399)||77,201|(8,130)|
|24Total funds brought forward||||1,377,318||160,999||1,538,317|1,546,447|
|25Total funds carried forward||||1,481,918||133,600||1,615,518|1,538,317|
##
##
||||||General|Fund|Circuit Model|Restricted|Totals 2021|Totals 2020|
|---|---|---|---|---|---|---|---|---|---|---|
||||||(Unrestricted)||Trusts|Funds|||
|||||Notes tcthe|||(Unrestricted)||||
|||||Accounts|||6||||
|Fixed Assets|||||||||||
|Circuit Menses 8Equipment||||BS1|1,398,759||||1,398,759|1,327,079|
|Investment
properties|||||||||||
|investments|||||||||||
|Total||fixed assets|||1,398,759||||1,398,759|1,327,079|
|Current Assets|||||||||||
|Debtors||||||6,106|||6,106|8,694|
|Loans by the Circuit|||||||||||
|Investments
with TMCP||||BS2|133,600||||133,600|160,999|
|Central Finance Board Deposits||||BS3||29,602|||29,602|53,288|
|Cash at Bank and in hand||||BS3||49,273|||49,273|6,646|
|Total current assets|||||218,581||||218,581|229,627|
|Current
liabilities|||||||||||
|Creditors
(due in under|1 year)|||||1,822|||1,822|18,389|
|Grants payable
within 2021-22|||||||||||
|Total current liabgltles||||||1,822|||1,822|18,389|
|Net currenl|assetslliabilities|||||216,759|||216,759|211,238|
|Tofal assets less|current llabililies||||1,615,518||||1,615,518|1,638,317|
|Long term liabilities|||||||||||
|(due after more than|one year)||||||||||
|Grants payable after 2018-19|||||||||||
|Loans to the Circuit|||||||||||
|||Netassets|||1,615,518||||1,615,518|1,538,317|
|Funds ofthe Circuit|||||||||||
|General
Fund (Unrestdcted)||||BS5.1|1,481,918||||1,481,918|1,377,318|
|Circuit Model Trust Fund (Unrestdcted)||||B65.2|||133,600||133,600|160,999|
|Designated
Funds (Unrestricted)||||8S5.3|||||||
|Total Unrestricted|||Funds||1,481,918||133,600||1,615,518|1,538,317|
|Restricted
Funds|||||||||||
|Endowment
Funds|||||||||||
|||Total Funds|||1,481,918||133,600||1,615,518|1,538,317|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Assessments|paid by churches|2020/21|2019/20|
|---|---|---|---|
|Barking||43,837|42,478|
|Barkingside||28,768|27,876|
|Beacontree Heath||19,179|18,528|
|Gantshill||28,768|27,876|
|Goodmayes||28,768|27,876|
|Grange
Hill||8,219|10,393|
|Ilford||27,399|26,515|
|Old Dagenham||12,000|24,051|
|Seven Kings||26,028|25,220|
|The Drive||34,248|33,090|
##
##
|||2021||2020||
|---|---|---|---|---|---|
|MANSE PROPERTY COSTS||||||
|Quinquennial|&Testing Reports||1,230||890|
|Insurance|||4,820||3,236|
|Manses Cncl.|Tax, Water Rates, Genl Mntce.||13,103||14,618|
|Manse Repairs &Renewals||||||
|19Bethell|Avenue|1,070||2,960||
|7 Hastings|Avenue|1,021||300||
|46 Lyndhurst
Gardens||-3,307||18,130||
|27Shafter|Avenue|29,765||36,939||
||||28,549||58,329|
##
|Circuit|Office rent|2 000|3000|
|---|---|---|---|
|TOTAL|PROPERTY EXPENSES|4~9702|~80073|
##
##
|OTHER O|UTGO|INGS||||||
|---|---|---|---|---|---|---|---|
|||||2021||2020||
|Account|Examination||Fee||732||720|
|Preaching|Fees|||||||
|Sundries:||||||||
|Compliance||survey|contribution|||||
|Refreshments||||||||
|Circuit|events|||240||122||
|Other||||499||1,105||
||||||739||1,226|
||||||1,471||1,947|
##
|1.1Cost or Valuation|1.1Cost or Valuation|1.1Cost or Valuation|Buildings|Equipment|Total||
|---|---|---|---|---|---|---|
||||f||||
|Cost/valuation|brought forward||1,327,079||1,327,079||
|Gains on Manse||Properties|71,680||71,680||
|less accumulated||depreciation||||0|
|Net Book Value||carried forward|~1398759||~1398|759|
##
##
##
##
|Trustees|for Methodist
Church Purposes deposits|for Methodist
Church Purposes deposits|for Methodist
Church Purposes deposits|2021|2020|
|---|---|---|---|---|---|
|||||133600|160 999|
|CHANGES|IN INVESTMENT VALUES|||||
|Carrying|(market)|value at beginning|ofyear|160,999|165,737|
|less Net transfers||and charges||-27399|-4738|
|Carrying|(market)|value at end ofyear||133600|160 999|
##
|ossible
alances|balances are not shown as negat
held at 31August 2021|ive.|||||
|---|---|---|---|---|---|---|
|||General|Designated||Total||
|Central|Finance Board|29,602||||29,602|
|HSBC Bank||49,273||||49,273|
|Totals||78875||0||78875|
##
##
##
|855.3Designated|Funds|Funds|||
|---|---|---|---|---|
||||31-Aug-21|2020|
|Balance|||0|0|
|Manse Maintenance||Fund|||
||||31-Aug-21|2020|
|Balance|||0|0|
##
##
##
|Comparative
Stateme|nt|of Fina|ncial Ac|tivities|(SOFA)|for the year|ended 31A|ugu|st 2020||
|---|---|---|---|---|---|---|---|---|---|---|
||||Notes to|||Circuit Model|||||
||||the|General|Fund|Trust|Restricted|Total|2019-|Tots I|
|||accounts||(Unrestricted)||(Unrestricted)|Funds||20|2018-19|
|||||f|||6||F|6|
|Income|||||||||||
|1
Donations
and legacies|||||||||||
|2
Income from monetary
investments||||||1,380|||1,721|2,204|
|3
Income from investment|properties||||||||||
|4 Assessments
on Churches||||263,900|||||263,900|259,981|
|5
Capital Receipts|||||||||||
|6
Grants received|||||||«,000||«,000||
|7
Other charitable
income|||||6,532||||6,532||
|8 Total income||||270,773||1,380|«,000||283,154|262,185|
|Expenditure|||||||||||
|9
Grants and donations|||||||||||
|10Salaries and associated|costs||3|183,381|||«,000||194,381|188,238|
|«Property
maintenance|||4||80,073||||80,073|66,528|
|12Connexional
assessment|&|model trust|levy||46,484||||46,484|41,573|
|13District Assessment
8 Levy||||||5,787|||5,787|6,035|
|14Depreciation|||||||||||
|15Office expenses|||5||3,425|331|||3,756|5,6«|
|16Other outgoings|||6||1,946||||1,946|2,575|
|17Total charitable
expenditure|||||315,310|6,«8|«,000||332,428|310,560|
|18Gains/(losses)
on monetary||investments|||||||||
|19Gains/(losses)
on investment||properties|||||||||
|20 Net income/(expenditure)|||||(44,537)|(4,738)|||(49,275)|(48,375)|
|21 Transfers
between
funds|||||||||||
|22 Other gains/(losses)|||BS1||41,144||||41,144|35,016|
|23 Net movement
in funds|||||(3,393)|(4,738)|||(8,130)|(13,359)|
|24Total funds brought forward||||1,380,711||165,737|||1,546,447|1,559,806|
|25Total funds carried forward||||1,377,318||160,999|||1,538,317|1,546,447|
##
##
##
||||||General Fund|Circuit Model|Restricted|Totals 2020|Totals|
|---|---|---|---|---|---|---|---|---|---|
||||||(Unrestricted)|Trusts|Funds||2019|
|||||Notes to the||(Unrestricted)||||
|||||Accounts||2||||
|Fixed Assets||||||||||
|Circuit Menses 5 Equipment||||BS1|1,327,079|||1,327,079|1,285,935|
|Investment
properties||||||||||
|Investments||||||||||
||Total|fixed assets|||1,327,079|||1,327,079|1,285,935|
|Current Assets||||||||||
|Debtors|||||8,694|||8,694|6,697|
|Loans by the Circuit||||||||||
|Investments
with TMCP||||BS2|160,999|||160,999|165,737|
|Central Finance Board|Deposits|||BS3|53,288|||53,288|76,414|
|Cash at Bank and in hand||||BS3|6,646|||6,646|14,946|
|Total current assets|||||229,627|||229,627|263,794|
|Current liabilities||||||||||
|Creditors (due in under|1 year)||||18,389|||18,389|3,282|
|Grants payable
within|2018-19|||||||||
|Total|current liabilities||||18,389|||18,389|3,282|
|Net current|assets/liabilities||||211,238|||211,238|260,512|
|Tolal assets less|current liabilities||||1,538,317|||1,538,317|1,546,447|
|Long term liabilities||||||||||
|(due after more than one year)||||||||||
|Grants payable after 2018-19||||||||||
|Loans to the Circuit||||||||||
|||Net assets|||1,538,317|||1,538,317|1,546,447|
|Funds ofthe Circuit||||||||||
|General
Fund (Unrestricted)||||BS5.1|1,377,318|||1,377,318|1,380,711|
|Circuit Model Trust Fund (Unrestricted)||||865.2||160,999||160,999|165,737|
|Designated
Funds (Unrestricted)||||BS5.3||||||
|Total Unrestricted|||Funds||1,377,318|160,999||1,538,317|1,546,447|
|Restricted Funds||||||||||
|Endowment
Funds||||||||||
|||Total Funds|||1,377,318|160,999||1,538,317|1,546,447|
##
##
##
##
##
##
##
##
##
##
##
##