2021-08-31-accounts - The Methodist Church - Chester And Stoke-On-Trent District

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Current financial year	Current financial year
				Unrestricted	Unrestricted	Restricted	Total	Total
				funds	funds	funds
				general	designated
				2021	2021	2021	2021	2020
			Notes	5	8	8	5	5
Donations and	legacies		3	819,152		684,515	1,503,667	997,844
Investments			4	283		25,280	25,563	4,864
Other income			5	51,245		5,933	57,178	2,864
Total income				870,680		715,728	1,586,408	1,005,572
Raising funds						577	577	519
Charitable activities			7	781,796		206,600	988,396	915,050
Total resources expended				781,796		207,177	988,973	915,569
Net gains/(losses) on investments			12			52,070	52,070
Net incoming resources		before transfers		88,884		560,621	649,505	90,003
Net incoming resources		before transfers		88,884		560,621	649,505	90,003
Gross transfers	between	funds		(20,000)	20,000			(54,521)
Net movement	in funds			68,884	20,000	560,621	649,505	35,482
Fund balances	at1September 2020			343,180	48,779	745,137	1,137,096	1,101,614
Fund balances	at31August 2021			412,064	68,779	1,305,758	1,786,601	1,137,096

Prior financial year
			Unrestricted Unrestricted		Restricted	Total
			funds	funds	funds
			general	designated
			2020	2020	2020	2020
		Notes	g	5	g	5
Donations and legacies			706,082		291,762	997,844
Investments			916		3,948	4,864
Otherinccme					2,864	2,864
Total income			706,998		298,574	1,005,572
Raising funds					519	519
Charitable activities		7	751,995		163,055	915,050
Total resources expended			751,995		163,574	915,569
Net gains/(losses)	on investments
Net incoming resources before transfers			(44,997)		135,000	90,003
Gross transfers between funds			9,223	(5.742)	(58,002)	(54,521)
Net movement in funds			(35,774)	(5,742)	76,998	35,482
Fund balances at1September 2019			378,954	54,521	668,139	1,101,614
Fund balances at	31August 2020		343,180	48,779	745,137	1,137,096

				2021		2020
			Notes	5		5
Fixed assets
Tangible assets			13		518,348		518,974
Investments			14		527,170
					1,045,518		518,974
Current assets
Stocks			16	64,819		68,173
Debtors			16	4,746		7,312
Cash at bank and	in	hand		677,574		556,820
				747,139		632,305
Creditors: amounts		falling due within one
year			17	(6,056)		(14,183)
Net current assets					741,083		618,122
Total assets less	current liabilities				1,786,601		1,137,096
Income funds
Restricted funds					1,305,758		745,137
Unrestricted funds	- designated				68,779		48,779
Designated funds				68,779		48,779
General unrestricted		funds		343,285		294,401
					412,064		343,180
					1,786,601		1,137,096

					2021		2020
				Notes	g		6
Cash flows from operating	activities
Cash generated from operations				25		570,291		53,073
Investing activities
Purchase oftangible fixed assets							(188)
Purchase of investments					(475,100)
Investment income received					25,563		4,864
Net cash (used in)/generated activities		from investing				(449,537)		4,676
Net cash used ln financing	activities
Net increase in cash and cash		equivalents				120,754		57,749
Cash and cash equivalents	at beginning		ofyear			556,820		499,071
Cash and cash equivalents	at	end ofyear				677,574		556,820

				2021	2020
				E
Circuit contnbutions		received		54,779	59,887
C A P F new levies				132,786	115,291
Assessments from		Circuits		518,372	497,732
Beacon Christian	Fellowship		grants and donations	11,093	15,053
Sundry income				461,717	11,712
Other grants received				237,501	86,769
Museum receipts	and book sales			15,715	17,061
Book Centre sales				71,704	193,359
Galley Centre income					980
				1,503,667	997,844

	Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
	funds	funds		funds	funds
	general			general
	2021	2021	2021	2020	2020	2020
	E	E	E	E	E	E
Income from listed
investments		4,770	4,770
Other income		18,937	18,937
Interest receivable	283	1,573	1,856	916	3,948	4,864
	283	25,280	25,563	916	3,948	4,864

		Unrestricted	Restricted	Total	Restricted
		funds	funds		funds
		general
		2021	2021	2021	2020
		E	E	E	E
Coronavirus Coronavrius	job retention scheme support grant	14,888 36,357	5,933	20,821 36,357
Rent					2,864
		51,245	5,933	57,178	2,864

					Restricted	Restricted
					funds	funds
					2021	2020
					g	g
	Supportcosts				577	519
					577	519
7	Charitable activities
					2021	2020
					g	g
	Wages				75,606	66,767
	The Beacon C.F.	resources			14,076	15,193
	Costs relating to	Book Centre sales			47,537	125,185
	Costs relating to	museum	receipts	and book sales	2,550	3,944
	Safeguarding				27,947	22,228
	Children and Youth work support				1,588	700
	Book Centre employee costs				60,211	69,241
	Galley Centre expenditure					1,592
	Cheshire South team				11,415	22,369
	Staffs Moorlands	team ministry				5,763
					240,930	332,982
	Grants payable (see note		8)		664,793	494,309
	Support costs (see note 9)				79,919	84,905
	Governance costs (see note 9)				2,754	2,854
					988,396	915,050
	Analysis by fund
	Unrestricted funds - general				781,796
	Restricted funds				206,600
					988,396
	Forthe year ended 31August 2020
	Unrestricted funds - general					751,995
	Restricted funds					163,055
						915,050

					2021	2020
					6	8
Contribution to Methodist	Church	Fund			557,373	425,980
Churches and Englesea Brook Museum					107,420	68,329
					664,793	494,309
Support costs
			Support costs	Governance	2021	2020
				costs
			6	6
Management
Manse expenes			3,369		3,369	3,698
General expenses			47,480		47,480	23,777
Office -operating costs			2,838		2,838	13,099
Travel expenses			1,488		1,488	7,828
Finance
Bank charges			1,364		1,364	2,823
Human resources
Training and development			1,500		1,500	2,973
Other
Depreciation					626	737
Other support costs
Rent and rates			798		798	8,686
Insurance			4,451		4,451	4,346
Repairs to property			6,779		6,779	5,812
Utilities			4,139		4,139	5,840
Professional fees			4,266		4,266	4,176
Equipment leasing			821		821	1,110
Governance costs
Ecumenical expenses				2,754	2,754	2854
			79,919	2,754	82,673	87,759
Analysed between
Charitable activities			79,919	2,754	82,673	87,759

District Office
Englesea Brook Chapel	& Museum
Methodist Book Centre
Immerse
District Team
Cheshire South Team
Staffordshire Moorlands	Team

2021	2020
g	g
2021	2020
Number	Number
17	18

Restricted	Total
funds
2021	2020
6
52,070

Tangible fixed assets	Tangible fixed assets
			Freehold	Leasehold	Rxtures and	Computer	Total
			property	improvements	ettings	equipment
			5	5	5	8
Cost
At 1September 2020			510,796	89,562	22,991	8,410	631,759
At31August	2021		510,796	89,562	22,991	8,410	631,759
Depreciation	and impairment
At1September 2020				89,562	17,095	6,128	112,785
Depreciation	charged	in the year			284	342	626
At31August	2021			89,562	17,379	6,470	113,411
Carrying amount At31August 2021			510,796		5,612	1,940	518,348
At31August	2020		510,796		5,896	2,282	518,974

4	Fixed ass	et investments
				Usted
				investments
				5
	Cost or valuation
	At1September 2020
	Additions			475,100
	Valuation	changes		52,070
	At31August 2021			527,170
	Carrying amount At31August 2021			527,170
	At31August 2020
15	Stocks
			2021	2020
				5
	Stocks		64,819	68,173

Debtors
		2021	2020
Amounts falling due within one year:		6	6
Trade debtors		2,385	3,042
Other debtors			98
Prepayments	and accrued income	2,361	4,172
		4,746	7,312

Creditors: amounts fa	lling due within one year
		2021	2020
		6	6
Other taxation and social security		235	1,690
Trade creditors		4,330	4,425
Other creditors			6,000
Accruals and deferred	income	1,491	2,068
		6,056	14,183

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	Balance at	Transfers	Balance at	Transfers	Balance at
	1September		1September	31August 2021
	2013		2020
	g		g
The Methodist Book Centre (from
Bemersley House)	54,521	(5,742)	48,779	20,000	68,779
	54,521	(5,742)	48,779	20,000	68,779

25	Cash generated from operations	Cash generated from operations			2021	2020
					E	E
	Surplus for the year				649,505	35,482
	Adjustments for:
	Investment income recognised	in statement	offinancial	activities	(25,563)	(4,864)
	Fair value gains and losses on	investments			(52,070)
	Depreciation and impairment oftangible fixed assets				626	737
	Movements in working capital:
	Decrease in stocks				3,354	17,348
	Decrease/(increase) in debtors				2,566	(1,573)
	(Decrease)/increase in creditors				(8,127)	5,943
	Cash generated from operations				570,291	53,073
26	Analysis ofchanges in net funds
	The charity had no debt during	the year.