2020-08-31-accounts - Darlington and Teesdale Methodist Circuit

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Chair:	Revd Beverly Hollings Revd John Howard	Revd Beverly Hollings Revd John Howard	Superintendent Minister (to (from 1 March 2020)	29February 2020)	29February 2020)
Secretary:	Mrs Valerie Tooth
Circuit Staff:	Revd Solomon Joseph		(to 31 August 2020)	Presbyter
	Rev Bill Mullally		(to 31 August 2020)	Presbyter
Resident in Circuit:	*Revd Catherine	Minor	Hospital Chaplain
Circuit Stewards:	Simon Charters
	Margaret Garrett
	Hazel Neasham
Lay Employees:	Morvyn Sanderson		Children's and Young People's Worker
	"Lindy Lowis		Admin/Communications
	Lyn Cookson		Pastoral Missioner &Safeguarding		Officer
	Chris Russell		Pastoral Missioner
Church
Representatives:	Alison Banner *Joan Marwood		Barton Barton
	Norma Krishnan		Bondgate (to 16August 2020)
	sJanet Bryer		Bondgate (to 31July 2020)
	Glenys Drummond		Bondgate (to 16August 2020)
	Brian Cooper		Cockerton
	Robert Dean		Cockerton
	David Fairer		Cockerton
	Alison Hunter		Cockerton (to 21 July 2020)

Church	Irene Taylor	Cockerton
Representatives (Continued):	Susan Ashmore Ali Dinsdale	Cockerton (from 23 July 2020) Elm Ridge
	Mary Everitt	Elm Ridge
	David Hall	Elm Ridge
	Richard McElheran	Elm Ridge
	Stephen Sutcliffe	Elm Ridge
	Sue Case	Harrowgate Hill
	Margaret Cuthbert	Harrowgate Hill
	Vanessa Simpson	Harrowgate Hill
	Barbara Carter	Haughton
	Ann Thubron	Haughton
	Catherine Warden	Haughton
	Jane Miller	Hurworth
	Hazel Neasham	Hurworth
	Andy Robinson	Hurworth
	Cnsham Bright	Pierremont/The	Well
	Brian Russell	Pierremont/The	Well
	Chris Russell	Pierremont/The	Well
Other:	Revd John Bower	Supernumerary	Minister
	Revd Selby White	Supernumerary	Minister
	Margaret Wearmouth	Methodist Women		in	Britain
	Josanne Hall	Methodist Homes		for	the Aged
	David Hogg	Circuit Archivist
	Karen Riley	Action for Children
	Brian Simpson	Secretary for Worship			tk Local Preachers (LWLP)
	Helen Hamilton	LWLP Representative
	Susan Jaleel	LWLP Representative			(to 29 September 2020)
	Liz McAllister	Circuit Complaints		Officer
	Catherine Warden	Manse Steward	&	GDPR OAicer

FO	RTHE YEAR ENDED	31	AUGUS	T 2020
						Circuit
					General	Model	Revaluation
				Notes	Fund	Trust	Reserve
					(Unrest-	(Unrest-	(Unrest-	Total	Total
					ricted)	ricted)	ricted)	2019-20	2018-19
Income
1	Donations and legacies			Sl	1,224			1,224	6,280
2	Income Irom monetary	investments		82	706	2,529		3,235	3,698
3 4	Income from properties Assessments on Churches			S3 S4	10,285 187,005			10,285 187,005	9,580 189,569
5	Capital receipts			SS		36,286		36,286
6	Grants received			S6					5,000
7	Other charitable income			87	166			166	96
8	Total income				199,386	38,815		238,201	214,223
Expenditure
9	Grants and donations			S8	3,535			3,535	3,492
10	Salaries and associated	costs		89	136,490			136,490	183,624
11	Property expenses			Slo	21,013			21,013	39,881
12	Connexional model trust levy			S11		11,887		11,887	19,861
13	District assessment and	levy		S12	48,612			48,612	46,520
14	Costs ofactivities			S13	13,747			13,747	14,740
15	Costs ofadminishation			SI4	9,733			9,733	15,409
	Connexional Priority Levy
	-property sale			85		7,257		7,257
16	Other outgoings				312	598		910	1,764
17	Total charitable expenditure				233,442	19,742		253,184	325,291
18	Gains/(losses) on monetary		investments
19	Gains/(losses) on investment		properties
20	Net income/(expenditure)				(34,056)	19,073		(14,983)	(111,068)
21	Transfers between funds				56,426	(56,426)
22	Other gains/(losses)
23	Net movement in funds				22,370	(37,353)		(14,983)	(111,068)
24	Total funds brought forward				503,772	298,920	417,063	1,219,755	1,330,823
25	Total funds carried forward				526,142	261,567	417,063	1,204,772	1,219,755

					General	Circuit	Revaluation
				Notes	Fund	Model Trust	Reserve
					(Unrest-	(Unrest-	(Unrest-	Total
					ricted)	ricted)	ricted)	2018-19
								K
Income
1	Donations and legacies			Sl	6,280			6,280
2	Income trom monetary	investments		S2	784	2,914		3,698
3 4	Income trom properties Assessments on Churches			S3 S4	9,580 189,569			9,580 189,569
5	Capital receipts
6	Grants received			S6	5,000			5,000
7	Other charitable income			S7	96			96
8	Total income				211,309	2,914		214,223
Expenditure
9	Grants and donations			SB	3,492			3,492
10	Salaries and associated	costs		S9	183,624			183,624
11	Property expenses			Slo	39,881			39,881
12	Connexional model trust levy			S11		19,861		19,861
13	District assessment and	levy		S12	46,520			46,520
14	Costs ofacnvities			S13	14,740			14,740
15	Costs ofadministration			S14	15,409			15,409
16	Other outgoings				953	811		1,764
17	Total charitable expenditure				304,619	20,672		325,291
18	Gains/(losses) on monetary		investments
19	Gains/(losses) on investment		properties
20	Net income/(expenditure)				(93,310)	(17,758)		(111,068)
21	Transfers between funds				88,568	(88,568)
22	Other gains/(losses)
23	Net movement in funds				(4,742)	(106,326)		(111,068)
24	Total funds brought forward				508,514	405,246	417,063	1,330,823
25	Total funds carried forward				503,772	298,920	417,063	1,219,755

				General	Circuit
			Notes	Fund	Model Trust	Total	Total
Fixed Assets				(Unrestricted)	(Unrestricted)	2019-20	2018-19
Circuit manscs and equipment			BSI/2	815,000		815,000	815,000
Investment properties
Investments
Totalfixed assets				815,000		815,000	815,000
Current Assets
Debtors			BS3	11,584		11,584	22,370
Loans by the Circuit			BS3		80,000	80,000
Investments with TMCP Central Finance Board deposits			BS4 BS4	136,872	181,567	181,567 136,872	298,920 121,077
Cash at bank and in hand			BS4	33,127		33,127	14,871
Total current assets				181,583	261,567	443,150	457,238
Current liabilities
Creditors (due in under	1	year)	BS5	53,380		53,380	52,483
Grants payable within 2020-21
Total current liabilities				53,380		53/80	52,483
Net current assets				128&203	261,567	389k770	404,755
Total assets less current		liabilities		943,203	261,567	1,204,770	1,219,755
Long term liabilities (due		after
more than one year)
Grants payable after 2020-21
Loans to the circuit
Net assets				943,203	261,567	1,204,770	1,219,755
Funds ofthe Circuit
General Fund (Unrestricted)				526,140		526,140	503,772
Circuit Model Trust Fund		(Unrestricted)			261,567	261,567	298,920
Revaluation Reserve				417,063		417,063	417,063
Total unrestricted funds Restricted Funds				943,203	261,567	1,204,770	1,219,755
Endowment Funds
Total Funds				920,835	298,920		1,219,755
The financial statements		were approved b	y the Trustees	on			aud were

AS AT 31AUGUST 2019
		General	Circuit
	Notes	Fund	Model Trust	Total
		(Unrestricted)	(Unrestricted)	2018-19
Fixed Assets
Circuit manses and equipment Investment properties	Bs1	815,000		815,000
Investments
Totalfixed assets		815,000		815,000
Current Assets
Debtors Loans by the Circuit	BS3	22,370		22,370
Investments with TMCP Central Finance Board deposits Cash at bank and in hand	BS4 BS4 BS4	121,077 14,871	298,920	298,920 121,077 14,871
Total current assets		158,318	298,920	457,238
Current liabilities
Creditors (due in under 1 year) Grants payable within 2018-19	BS5	52,483		52,483
Total current liabilities		52,483		52,483
Net current assets		105,835	298,920	404,755
Total assets less current liabilities Long term liabilities (due after		920,835	298,920	1,219,755
more than one year)
Cnants payable after 2018-19
Loans to the circuit
Net assets		920,835	298,920	1,219,755
Funds ofthe Circuit
General Fund (Unreshicted) Circuit Model Trust Fund (Unrestricted)		503,772	298,920	503,772 298,920
Revaluation Reserve		417,063		417,063
Total unrestricted funds Restricted Funds		920,835	298,920	1,219,755
Endov&uncut Funds
Total Funds		920&835	298,920	1,219,755

as Trustee at the same time as being	aTrustee:-
	2020	2019
	g
Mrs M Sanderson	25,388	24,648
Mrs LCRussell	7,522	8,106
Mrs LCookson	16,828	5,646
D Fairer	4,030
Mrs SCase	605
	54,373	38,400

are however, reimbursed for expenditure and number ofTrustees were:-	properly incurred in carrying out t	heir dutie
	2020	2019
Total paid	6,239	2,223
Number ofTrustees paid	10	7
the year, collecuons were taken in respect	ofa leaving gift forthe following	Trustees:
	2020	2019
Revd Solomon Joseph	573
Revd Bill Mullally	708
	1,081

		2019-20	2018-19
Church:
Barton		6,360	5,156
Bondgate		15,309	18,468
Cockerton		46,588	46,920
Elm Ridge		59,848	62,157
Harrowgate	Hill	19,040	21,584
Haughton		14,588	14,012
Hurw orth		11,820	10,772
Pierremont		4,484	10,500
The Well		8,968
		187,005	189,569

sts consists ofthe following	sta	ted net ofrecoveries u	nder the Coronavirus	JobRetention
			2019-20	2018-19
Presbyters and presbyteral	support		68,325	67,056
Lay Workers			67,433	115,707
Apprenticeship levy			732	861
Total paid through Methodist		Central Payroll	136,490	183,624
Payroll costs are made up	of.
Stipends and salaries			111,398	155,243
Employers National Insurance		Contributions	8,016	10,221
Employers pension contributions			16,344	16,952
Apprenticeship levy			732	861
Recharge from Barnard Castle		and Teesdale
Methodist Circuit				347
			136,490	186,475

	2019-20	2018-19
Council Tax —manses	4,168	4,010
Water Rates - menses	1,235	1,335
Insurance - manses	1,452	1,597
Utilities —empty manses	46
Manse maintenance and repairs	7,505	14,561
All costs - Northland	4,162	14,059
All costs - North Cowton	(1,058)	3,419
Bondgate Property Review		900
All costs - Pierremont	3,503
	21,013	39,881

resents the costs ofthe primary purpose	ofthe Circuit, excluding stipend	and salary co
	2019-20	2018-19
Presbyters	5,304	6,124
Pioneer Missioner	33	943
Pastoral Missioners	1,428	2,041
Youth Work	5,064	3,774
Preaching and worship	1,918	1,858
	13,747	14,740

resents the costs ofadm	inistering the circuit, e	xcluding salary costs:-
		2019-20	2018-19
Telephone and internet		575	523
Travel		33	69
Postage and stationery		1,188	1,302
Circuit communications,	website
and email administration		904	10,510
Independent examiner's	fee	2,328	2,280
Other costs		636	725
Property and finance administration		4,069
		9,733	15,409

20,the figures being reflected in the revalua	20,the figures being reflected in the revalua	tion figures below:-
Valuation -Menses		2019-20
Balance brought	forward	815,000
Additions
Revaluations (+/-)
Disposals (-)
Transfers (+/-)
Balance carried	forward	815,000
Accumulated depreciation
Balance brought	forward
Additions
Revaluations (+/-)
Disposals (-)
Transfers* (+/-)
Balance carried	forward
Net book value
Carried forward		815,000
Brought forward		815,000

26Barnes Road	245,000
20 Peterhouse Close	275,000
9Mowbray Drive	295,000
	815,000

BS3- Debtors and prepayments
	2020	2019
Pre-paid stipends for current year	3,134	5,664
Pre-paid apprenticeships levy		41
Insurance - Menses 2019/20		1,452
Elm Ridge Q3 assessment		15,213
Payroll control	8,275
Admin fee charges to churches	165
Other	10
Loan to Bernard Castle and Teesdale Trust	80,000
	91,584	22,370

held in each account	are shown be	low:-
		Opening		Expend-
Unrestricted Fund Name		Balance	Income	iture	Transfers	Balance
CAF General Account		7,821	51,266	47,064	21,104	33,127
CFBGeneral Account		55,871	186,531	213,508	107,978	136,872
CFBManse Account		65,206	410		(65,616)
TMCP Model Trust Fund		275,157	39,144	100,227	(56,270)	157,804
TMCP Various Bequests		23,763	204	48	(156)	23,763
Northland (NatWest)	General	3,871		5	(3,866)
Northland (NatWest)	Shop	3,177		5	(3,172)
Northland (NatWest)	Sundry	2			(2)
Total Cash Funds of	the Circuit	434,868	277,555	360,857		351,566

		2020	2019
Church	assessments	42,663	48,027
Accrued	expenditure	10,717	4,456
		53,380	52,483