2021-08-31-accounts - Darlington and Teesdale Methodist Circuit

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Address:		Circuit Office, Elm Ridge Methodist Church, Carmel Road South,	Circuit Office, Elm Ridge Methodist Church, Carmel Road South,	Circuit Office, Elm Ridge Methodist Church, Carmel Road South,	Circuit Office, Elm Ridge Methodist Church, Carmel Road South,	Circuit Office, Elm Ridge Methodist Church, Carmel Road South,	Circuit Office, Elm Ridge Methodist Church, Carmel Road South,	Circuit Office, Elm Ridge Methodist Church, Carmel Road South,
		Darlington DL3	8DJ
Examiner:		Stephen Watson	Gardner F.C.A.ofKing Hope, Chartered				Accountants,
		31Victoria Road, Darlington			DL1 5SB
Managing	Trustees in the year ended 31August 2021:—
Chair:		Revd Tim Boocock			(from 1 September	2020)
Secretary:		Mrs Valerie Tooth
Circuit Staff:		Revd Graham Cutler			(from 1 September	2020)	Presbyter
		Revd Brian Hutton			(from 1 September	2020)	Presbyter
Resident in Circuit:		sRevd Catherine	Minor		Hospital Chaplain
Circuit Stewards:		Hazel Neasham
		Simon Charters
		Paul Kane			(fiom 21 September 2020 to		21 June 2021)
		Valerie Tooth			(from 21 June 2021)
		Cathryn Warden			(from 21 June 2021)
Lay Employees:		Morvyn Sanderson			Children's and Young People*s Worker
		Emma Waldon			Children's and Young People's Worker
		*Lindy Lowis			Admin/Communications
		Edwin Hird			Property and Finance
		Lyn Cookson			Pastoral Missioner	&Safeguarding		Officer
		Chris Russell			Pastoral Missioner
Church
Representatives:		Alison Banner			Barton
		"Joan Marwood			Barton
		Norma Krishnan			Bondgate/8ondgate	Management		group
		Glenys Drummond			Bondgate/Bondgate	Management		group
		Bondgate Church Society ceased to worship on 16August 2020 but the
		building has remained		in use by anumber ofnon-church			groups under the
		oversight ofthe	Management		Group.
		Brian Cooper			Cockerton
		Robert Dean			Cockerton
		David Fairer			Cockerton

Church	Irene Taylor	Cockerton
Representatives (Continued) t	Susan Ashmore Ali Dinsdale	Cockerton (from 23 July 2020) Elm Ridge
	Mary Everitt	Elm Ridge
	Ann Haley David Hall	Elm Ridge (Rom Elm Ridge	19May 2021)
	Richard McElheran Stephen Sutcliffe	Elm Ridge (to 19May 2021) Elm Ridge
	Sue Case	Harrowgate Hill
	Margaret Cuthbert	Harrowgate Hill
	Vanessa Simpson	Harrowgate Hill
	Barbara Carter	Haughton
	Ann Thubron	Haughton
	Cathryn Warden	Haughton
	Jane Miller	Hurworth
	Hazel Neasham	Hurworth
	Andy Robinson	Hurw orth
	Graham Bright	The Well
	Brian Russell	The Well
	Chris Russell	The Well
Other:	Revd John Bower	Supernumerary Minister
	Revd Selby White	Supernumerary Minister
	Margaret Wearmouth	Methodist Women	in Britain
	Josanne Hall David Hogg	Methodist Homes Circuit Archivist	for the Aged
	Karen Riley	Action for Children
	Brian Simpson Helen Hamilton	Secretary for Worship &Local Preachers (LWLP) LWLP Representative
	Susan Jaleel Liz McAllister	LWLP Representative (to 29 September 2020) Circuit Complaints Officer
	Catheryn Warden	Manse Steward (to	21 June 2021)&GDPR Officer

					Circuit
				General	Model	Revaluation
			Notes	Fund	Trust	Reserve
				(Unrest-	(Unrest-	(Unrest-	Total	Total
				ricted)	ricted)	ricted)	2020-21	2019-20
Income
1 2 3 4 5 6	Donations and legacies Income from monetary investments Income from properties Assessments on Churches Capital receipts Grants received		Sl S2 $3 S4 S5	355 140 3,200 170,700	986		355 1,126 3,200 170,700	1,224 3,235 10,285 187,005 36,286
7	Other charitable income		S6	150			150	166
8	Total income			174,545	986		175,531	238,201
Expenditure
9 10 11 12 13 14 15	Grants and donabons Salaries and associated costs Property expenses Connexional model trust levy District assessment and levy Costs ofactivities Costs ofadministration Connexional Priority Levy		S7 S8 S9 S10 S11 S12 S13	3,480 143,673 11,330 47,640 7,856 13,141	5,390 363		3,480 143,673 11,330 5,390 47,640 7,856 13,504	3,535 136,490 21,013 11,887 48,612 13,747 9,733
16	-property sales Other outgoings		S5/BS1 $14	19,166	176,694		176,694 19,166	7,257 912
17	Total charitable expenditure			246,286	182,447		428,733	253,186
18	Gains/(losses) on monetary	investments
19	Gains/(losses) on investment	properties
20 21 22	Net income/(expenditure) Transfers between funds Other gains/(losses)		Bs1	(71,741) (199,192) 1,736	(181,461) 475,528	(276,336)	(253,202) 1,736	(14,985)
23 24	Net movement in funds Total funds brought forward			(269,197) 526,140	294,067 261,567	(276,336) 417,063	(251,466) 1,204,770	(14,985) 1,219,755
25	Total funds carried forward			256,943	555,634	140,727	953,304	1,204,770

	Notes	General Fund	Circuit Model Trust	Circuit Model Trust	Revaluation Reserve	Revaluation Reserve	Revaluation Reserve
		(Unrest- ricted)	(Unrest- ricted)		(Unrest- ricted)		Total 2019-20
Income			g
1 Donations and legacies 2 Income trom monetary investments 3 Income from properties 4 Assessments on Churches 5 Capital receipts 6 Grants received 7 Other charitable income	SI S2 S3 S4 S5 S6	1,224 706 10,285 187,005 166	2,529 36,286				1,224 3,235 10,285 187,005 36,286
							166
8 Total income Expenditure		199,386	38,815				238,201
9 Grants and donations 10 Salaries and associated costs 11 Property expenses 12 Cormexional model trust levy 13 Dissect assessment and levy 14 Costs ofactivities 15 Costs ofadministration Connexial priority levy 16 Other outgoings	S7 S8 S9 SIO S11 S12 813 SS	3,535 136,490 21,013 48,612 13,747 9,733 314	11,887 7,257 598				3,535 136,490 21,013 11,887 48,612 13,747 9,733 7,257 912
17 Total charitable expenditure		233,444	19,742				253,186
18 Gains/(losses) on monetary investments 19 Gains/(losses) on investment properties
20 Net income/(expenditure) 21 Transfers between funds		(34,05S) 56,426	19,073 (56,426)				(14,985)
22 Other gains/(losses)
23 Net movement in funds 24 Total funds brought forward		22,368 503,772	(37,353) 298,920	417,063		(14,985) 1,219,755
25 Total funds carried forward		526,140	261,567	417,063		1,204,770

AS AT 31AUGUS	T	2	021
					General	Circuit
				Notes	Fund	Model Trust	Total	Total
					(Unrestricted)	(Unrestricted)	2020-21	2019-20
Fixed Assets
Circuit menses and equipment				BS1/2	275,000		275,000	815,000
Investment properties
Invesnnents
Totalfixed asset's					275,000		275,000	815,000
Current Assets
Debtors				BS3	11,355		11,355	11,584
Loans by the Circuit				BS3				80,000
Investments with TMCP				BS4		555,634	555,634	181,567
Central Finance Board deposits				BS4	110,594		110,594	136,872
Cash at bank and in hand				BS4	51,567		51,567	33,127
Total current assets					173,516	555,634	729,150	443,150
Current liabilities
Creditors (due in under		1	year)	BSS	50,846		50,846	53,380
Grants payable within	2021-22
Total current liabilities					50,846		50,846	53,380
Net current assets					122,670	555,634	678804	389&770
Total assets less current			liabiTities		397,670	555&634	953,304	1,204&770
Long term liabilities	(due		atter
more than one year)
Grants payable after 2021-22
Loans to the circuit
Net assets					397,670	555,634	953804	1,204,770
Funds ofthe Circuit
General Fund (Unrestricted)					256,943		256,943	526,140
Circuit Model Trust Fund			(Unrestricted)			555,634	555,634	261,567
Revaluation Reserve					140,727		140,727	417,063
Total unrestricted funds					397,670	555,634	953,304	1,204,770
Restricted Funds
Endowment Funds
Total Funds					397,670	555,634	953,304	1,204,770
The financial statements			were approved	by the Trustees on				and were

Charitable Trust Registered No: 113200 BALANCE SHEET	5
AS AT 31AUGUST 2020
		General	Circuit
	Notes	Fund	Model Trust	Total
		(Unrestricted)	(Unrestricted)	2019-20
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 Invesnnents with TMCP Central Finance Board deposits Cash at bank and in hand	BS3 BS4 BS4 BS4	11,584 136,872 33,127	80,000 181,567	11,584 80,000 181,567 136,872 33,127
Total current assets		181,583	261,567	443,150
Current liabilities
Creditors (due in under 1 year) Grants payable within 2020-21	BS5	53,380		53,380
Total current liabilities		53,380		53,380
Net current assets		128,203	261,567	389,770
Total assets less current liabilities		943,203	261,567	1,204,770
Long term liabilities (due after
more than one year)
Grants payable affer 2020-21
Loans to the circuit
Net assets		943,203	261,567	1,204,770
Funds ofthe Circuit
General Fund (Unrestricted) Circuit Model Trust Fund (Unrestricted) Revaluation Reserve		526,140 417,063	261,567	526,140 261,567 417,063
Total unrestricted funds Restricted Funds		943&203	261,567	1,204,770
Endoum&ent Funds
Total Funds		943&203	261,567	I,Z04,770

as Trustee at the same time as being	aTrustee:-
	2021	2020
Mrs M Sanderson	25,934	25,388
Mrs LC Russell	7,945	7,522
Mrs LCookson	17,787	16,828
D Fairer	9,247	4,030
Mrs SCase	1,464	605
	62,376	54,373

are however, reimbursed for expenditure and number ofTrustees were:-	properly incurred in carrying o	ut their dutie
	2021	2020
Total paid	5,777	6,239
Number ofTrustees paid		10

		2020
Revd	Solomon Joseph	573
Revd	Bill Mullally	708
		1,081

		2020-21	2019-20
Church:
Barton		6,748	6,360
Bondgate			15,309
Cockerton		46,504	46,588
Elm Ridge		57,236	59,848
Harrowgate	Hill	20,260	19,040
Haughton		14,808	14,588
Hurworth		11,620	11,820
Pierremont			4,484
The Well		13,524	8,968
		170,700	1&7,005

sts consists ofthe following	st	ated net ofrecoveries	under the Coronavirus	Job Retention
			2020-21	2019-20
Presbyters and presbyteral	support		72,878	68,325
Lay Workers			69,477	67,433
Apprenticeship levy			967	732
Life assurance			351
Total paid through Methodist		Central Payroll	143,673	136,490
Payroll costs are made up	of:
Stipends and salaries			123,771	111,398
Employers National Insurance		Contributions	8,817	8,016
Employers pension contributions			16,355	16,344
Apprenticeship levy			967	732
Coronavirus Job Retention Life assurance	Scheme		(6,588) 351
			143,673	136,490

	2020-21	2019-20
Council Tax - manses Water Rates - manses Insurance —menses Utilities —empty manses	3,305 719 1,107 100	4,168 1,235 1,452 46
Manse maintenance and repairs All costs - Northland All costs - North Cowton All costs - Pierremont	3,318 (54) 2,835	7,505 4,162 (1,058) 3,503
	11,330	21,013

resents the costs ofthe primary purpose	ofthe Circuit, excluding stipend	and salary c
	2020-21	2019-20
Presbyters Pioneer Missioner	3,123	5,304 33
Pastoral Missioners	952	1,428
Youth Work Preaching aud worship	2,145 1,636	5,064 1,918
	7,856	13,747

resents the costs ofadnu	nistering the circuit, e	xcluding salary costs:-
		2020-21	2019-20
			f.
Telephone and internet		530	575
Travel		77	33
Postage and stationery		1,199	1,188
Circuit communications,	website
and email administration		1,454	904
Independent examiner's	fee	2,562	2,328
Other costs		849	636
Property and finance administration		4,182	4,069
Circuit equipment		2,651
		13,504	9,733

1,the figures being reflected in the revaluati	1,the figures being reflected in the revaluati	on figures below:-
Valuation -Manses		2020-21	2019-20
		C
Balance brought	forward	815,000	815,000
Additions
Revaluations (+/-)
Disposals (-)		(540,000)
Transfers* (+/-)
Balance carried forward		275,000	815,000
Accumulated depreciation
Balance brought	forward
Additions
Revaluations (+/-)
Disposals (-)
Transfers* (+/-)
Balance carried	forward
Net book value
Carried forward		275,000	815,000
Brought forward		815,000	815,000

Note BS1—Fixed	Assets	Assets	(Continued)
The valuation ofmanses			carried forward is made up of:-
					2020-21	2019-20
26 Barnes	Road					245,000
20 Peterhouse		Close		275,000		275,000
9Mowbray	Drive					295,000
					275,000	815,000
Reconciliation of	Disposals:
				Barnes	Mowbray
				Road	Drive	Total
Cost				119,625	144,039	263,664
Revaluation				125,375	150,961	276,336
Valuation at 1 September			2020	245,000	295,000	540,000
Sale proceeds Costs ofsale				255,000 6,346	300,000 6,918	555,000 13,264
				248,654	293,082	541,736
CPF levy				79,461	97,233	176,694
Net proceeds				169,193	195,849	365,042
Gain before CPF	levy			3,654	(1,918)	1,736

Note BS2 - Contingent	Liability (Continued)
In 2020-2021, these charges amount to:
Barnes Road		79,461
Mowbray Drive		97,233
		176,694

			2020-21	2019-20
				f.
Pre-paid stipends for current year			9,024	3,134
Pre-paid apprenticeships	levy		33
Pre-paid expenses ofPierremont		sale	1,847
Payroll conhol			376	8,275
Admin fee charges to churches				165
Other			75	10
Loan to Bamard Castle	and Teesdale Trust			80,000
			11,355	91,584

held in each account are shown bel	ow:-
	Opening		Expend-		Closing
Unrestricted Fund Name	Balance	Income	iture	Transfers	Balance
				f
CAF General Account	33,127	110,829	62,389	(30,000)	51,567
CFBGeneral Account	136,872	162,132	284,618	96,208	110,594
TMCP Model Trust Fund	157,804	622,642	182,400	(66,179)	531,867
TMCP Various Bequests	23,763	80	47	(29)	23,767
Total Cash Funds ofthe Circuit	351,566	895,683	529,454		717,795

to the	current year but unpaid at 31Au	gust 2021:-
		2021	2020
Church	assessments	46,491	42,663
Accrued	expenditure	4,355	10,717
		50,846	53,380