| Reserves Testasat 31stAugust 2023 | Reserves Testasat 31stAugust 2023 | £ 108,402 24 468 132870 147 979 15,109 |
|---|---|---|
| Required: 25%ofGeneral Fund Expenditure Budget 2023/2024 Total Restricted Funds Value TotalCashat Bank&CFB31/8/2023 Deficit/Surplus |
£ 108,402 24 468 132870 |
|
| 147 979 | ||
| 15,109 |
Declarations and Scrutiny
I confirm that these accruals-based accounts for the year to 31 August 2023 have been prepared from the records of the Circuit and that they include all funds under the control of the Circuit meeting.
R F Lowe Signature of treasurer
Date: 1 0[th ] January 2024
Name and address of treasurer Richard F Lowe
3 The Robins, Burley-in-Wharfedale, llkley Post Code ... LS29 ?PR
Presentation to the Circuit meeting
I confirm that the annual report and accounts for the year ended 31 August 2023 were presented to the Circuit meeting held on 13[t][h ] March 2024 and are signed on their behalf by:
Signature of the Chair of the meeting Timothy M Perkins
Name of the Chair of the meeting Rev Timothy Perkins Date: 13[th ] March 2024
14
==> picture [141 x 48] intentionally omitted <==
22 March 2024
| INCOME AND ENDOWMENTS FROM: Donations and legacies Charitable activities Investments Other income Total income and endowments EXPENDITURE ON: Charitable activities Other Total expenditure Net gains/(losses)oninvestments Net income/(expenditure) Transfers between funds Net movementinfunds Reconciliationoffunds: Total funds brought forward Total funds carried forward Note 3 4 5 6 7 16 16 |
Unrestricted Funds £ 2,583 375,355 26,254 404,192 555,654 1,496 557,150 (62) (153,020) (9,416) (162,436) 3,186,850 3,024,415 |
Restricted Funds £ 23,199 298 12,104 35,600 28,185 28,185 7,416 9,416 16,831 7,637 24,468 Total Funds 2023 £ 25,782 375,653 38,358 439,792 583,839 1,496 585,335 (62) (145,604) (145,604) 3,194,487 3,048,883 Total Funds 2022 £ 17,617 344,198 28,981 438,049 828,845 578,113 578,113 250,732 250,732 2,943,755 3,194,487 |
|---|---|---|
WHARFEDALE & AIREBOROUGH METHODIST CHURCH CIRCUIT
BALANCE SHEET
FOR THE YEAR ENDED 31 AUGUST 2023
| FOR THE YEAR ENDED 31 | AUGUST 2023 | |||||
|---|---|---|---|---|---|---|
| Total | Total | |||||
| Unrestricted | Restricted | Funds | Funds | |||
| Funds | Funds | 2023 | 2022 | |||
| Note | £ | £ | £ | £ | ||
| FIXED ASSETS | ||||||
| Tangible assets | 10 | 2,606,461 | 2,606,461 | 2,606,461 | ||
| 2 606,461 | 2,606,461 | 2,606 461 | ||||
| CURRENT ASSETS | ||||||
| Debtors | 11 | 38,100 | 38,100 | 52,330 | ||
| Investments | 12 | 421,210 | 421,210 | 503,526 | ||
| Cash at bank and in hand | 13 | 123,511 | 24 468 | 147,979 | 135,759 | |
| 582,821 | 24,468 | 607,290 | 691,615 | |||
| CREDITORS: Amounts falling | ||||||
| due within one year | 14 | (164,867) | (164,867) | (103,589) | ||
| Net current assets/ (liabilities) | 417 954 | 24,468 | 442,422 | 588,026 | ||
| TOTAL NET ASSETS | 3,024,415 | 24,468 | 3,048 883 | 3 194,487 | ||
| FUND BALANCES | 16 | |||||
| Unrestricted Funds | ||||||
| General funds | 2,615,259 | 2,615,259 | 2,617,933 | |||
| Designated funds | 409,156 | 409,156 | 568,917 | |||
| 3,024,415 | 3,024,415 | 3,186,850 | ||||
| Restricted Funds | 24468 | 24,468 | 7,637 | |||
| 3 024,415 | 24,468 | 3,048,883 | 3,194,487 |
The financial statements were approved by the Board of Trustees and were signed on its behalf by:
Rev, Timothy M Perkins
Date: 13[th ] March 2024
Timothy M Perkins
Charity number 1132357
The notes on pages 19 - 32 form part of these accounts.
17
| WHARFEDALE & AIREBOROUGH METHODIST CHURCH CIRCUIT DETAILED STATEMENTOFFINANCIAL ACTIVITIES WITH COMPARATIVES FOR THE YEAR ENDED31AUGUST 2023 Unrestricted funds Unrestricted funds General Designated Restricted Total General Designated 2023 2023 2023 2023 2022 2022 Note £ £ £ £ £ £ INCOMEANDENDOWMENTSFROM: Donations and legacies 3 2,583 23,199 25,782 - 1,492 Charitable activities 4 370,984 4,371 298 375,653 341,709 2,489 Other trading activities 5 - - - Investments 5 ,.. 2,046 24,208 12,104 38,358 11,709 17,272 Other income 6 - - - - 438,049 Total incomeandendowments 375,613 28,579 35,600 439,792 791,467 21,253 EXPENDITUREON: Charitable activities: 7 407,002 148,652 28,185 583,839 340,837 217,991 Other 1,496 1,496 - Total Expenditure 408,498 148,652 28,185 585,335 340,837 217,991 Net gains/(losses)oninvestments - (62) (62) - Net income/(expenditure) (32,885) (120,135) 7,416 (145,604) 450,630 (196,738) Transfersbetweenfunds 16 30,210 (39,626) 9,416 - (540,770) 540,770 Netmovementinfunds (2,675) (159,761) 16,831 (145,604) (90,140) 344,032 Reconciliation of funds: Total funds broughtforward 2,617,933 568,917 7,637 3,194,487 2,708,073 224,885 Total funds carried forward 16 2,615,258 409,156 24,468 3,048,883 2,617,933 568,917 |
WHARFEDALE & AIREBOROUGH METHODIST CHURCH CIRCUIT DETAILED STATEMENTOFFINANCIAL ACTIVITIES WITH COMPARATIVES FOR THE YEAR ENDED31AUGUST 2023 Unrestricted funds Unrestricted funds General Designated Restricted Total General Designated 2023 2023 2023 2023 2022 2022 Note £ £ £ £ £ £ INCOMEANDENDOWMENTSFROM: Donations and legacies 3 2,583 23,199 25,782 - 1,492 Charitable activities 4 370,984 4,371 298 375,653 341,709 2,489 Other trading activities 5 - - - Investments 5 ,.. 2,046 24,208 12,104 38,358 11,709 17,272 Other income 6 - - - - 438,049 Total incomeandendowments 375,613 28,579 35,600 439,792 791,467 21,253 EXPENDITUREON: Charitable activities: 7 407,002 148,652 28,185 583,839 340,837 217,991 Other 1,496 1,496 - Total Expenditure 408,498 148,652 28,185 585,335 340,837 217,991 Net gains/(losses)oninvestments - (62) (62) - Net income/(expenditure) (32,885) (120,135) 7,416 (145,604) 450,630 (196,738) Transfersbetweenfunds 16 30,210 (39,626) 9,416 - (540,770) 540,770 Netmovementinfunds (2,675) (159,761) 16,831 (145,604) (90,140) 344,032 Reconciliation of funds: Total funds broughtforward 2,617,933 568,917 7,637 3,194,487 2,708,073 224,885 Total funds carried forward 16 2,615,258 409,156 24,468 3,048,883 2,617,933 568,917 |
WHARFEDALE & AIREBOROUGH METHODIST CHURCH CIRCUIT DETAILED STATEMENTOFFINANCIAL ACTIVITIES WITH COMPARATIVES FOR THE YEAR ENDED31AUGUST 2023 Unrestricted funds Unrestricted funds General Designated Restricted Total General Designated 2023 2023 2023 2023 2022 2022 Note £ £ £ £ £ £ INCOMEANDENDOWMENTSFROM: Donations and legacies 3 2,583 23,199 25,782 - 1,492 Charitable activities 4 370,984 4,371 298 375,653 341,709 2,489 Other trading activities 5 - - - Investments 5 ,.. 2,046 24,208 12,104 38,358 11,709 17,272 Other income 6 - - - - 438,049 Total incomeandendowments 375,613 28,579 35,600 439,792 791,467 21,253 EXPENDITUREON: Charitable activities: 7 407,002 148,652 28,185 583,839 340,837 217,991 Other 1,496 1,496 - Total Expenditure 408,498 148,652 28,185 585,335 340,837 217,991 Net gains/(losses)oninvestments - (62) (62) - Net income/(expenditure) (32,885) (120,135) 7,416 (145,604) 450,630 (196,738) Transfersbetweenfunds 16 30,210 (39,626) 9,416 - (540,770) 540,770 Netmovementinfunds (2,675) (159,761) 16,831 (145,604) (90,140) 344,032 Reconciliation of funds: Total funds broughtforward 2,617,933 568,917 7,637 3,194,487 2,708,073 224,885 Total funds carried forward 16 2,615,258 409,156 24,468 3,048,883 2,617,933 568,917 |
WHARFEDALE & AIREBOROUGH METHODIST CHURCH CIRCUIT DETAILED STATEMENTOFFINANCIAL ACTIVITIES WITH COMPARATIVES FOR THE YEAR ENDED31AUGUST 2023 Unrestricted funds Unrestricted funds General Designated Restricted Total General Designated 2023 2023 2023 2023 2022 2022 Note £ £ £ £ £ £ INCOMEANDENDOWMENTSFROM: Donations and legacies 3 2,583 23,199 25,782 - 1,492 Charitable activities 4 370,984 4,371 298 375,653 341,709 2,489 Other trading activities 5 - - - Investments 5 ,.. 2,046 24,208 12,104 38,358 11,709 17,272 Other income 6 - - - - 438,049 Total incomeandendowments 375,613 28,579 35,600 439,792 791,467 21,253 EXPENDITUREON: Charitable activities: 7 407,002 148,652 28,185 583,839 340,837 217,991 Other 1,496 1,496 - Total Expenditure 408,498 148,652 28,185 585,335 340,837 217,991 Net gains/(losses)oninvestments - (62) (62) - Net income/(expenditure) (32,885) (120,135) 7,416 (145,604) 450,630 (196,738) Transfersbetweenfunds 16 30,210 (39,626) 9,416 - (540,770) 540,770 Netmovementinfunds (2,675) (159,761) 16,831 (145,604) (90,140) 344,032 Reconciliation of funds: Total funds broughtforward 2,617,933 568,917 7,637 3,194,487 2,708,073 224,885 Total funds carried forward 16 2,615,258 409,156 24,468 3,048,883 2,617,933 568,917 |
||
|---|---|---|---|---|---|
| Unrestricted funds General Designated 2022 2022 £ £ - 1,492 341,709 2,489 - 11,709 17,272 438,049 791,467 21,253 340,837 217,991 - 340,837 217,991 - 450,630 (196,738) (540,770) 540,770 (90,140) 344,032 2,708,073 224,885 2,617,933 568,917 |
Restricted 2022 £ 16,125 16,125 19,285 19,285 (3,160) - (3,160) 10,797 7,637 |
Total 2022 £ 17,617 344,198 - 28,981 438,049 828,845 578,113 - 578,113 - 250,732 - 250,732 2,943,755 3,194,487 |
|||
| 4 5 6 Donationsofcash and similar Grants Income from charitable activities Fees received AssessmentsonChurches Other income Investment income Property letting Interest and dividends Other income Gainsondisposal of: tangible fixed assets |
2023 £ 5,786 19,996 25,782 2023 £ 370,773 4,880 375,653 2023 £ 18,773 19,585 38,358 2023 £ |
2022 £ 9,017 8,600 |
||
|---|---|---|---|---|
| 17,617 | ||||
| 2022 £ 2,553 341,384 261 |
||||
| 344,198 2022 £ 26,526 2,455 |
||||
| 28,981 2022 £ 438,050 438,050 |
| a b Costs incurred directlyonspecific activities Salaries, Employer's national insurance and pension contributions of presbyters and deacons Telephone, utilities, travel and expenses of presbyters and deacons Salaries, Employer's national insurance and pension contributions of lay workers Expenses of lay workers Property maintenance Other property costs District assessment Connexional costs Model trust levy District advance fund CAP project costs Grants payable (note 7c) Costs incurredonsupport & administration Governance costs Independent examiner's fee Other Printing, postage and stationery Subscriptions and professional fees Other administration expenses Insurance Miscellaneous expenses Total expenditure |
2023 £ 187,544 15,307 69,904 2,192 48,421 36,794 11,985 67,719 51,807 9,456 501,129 59,197 560,326 3,500 4,800 8,300 1,070 1,810 7,407 4,232 694 23,513 583,839 |
2022 £ 161,122 18,083 45,409 28,873 35,372 12,176 70,420 168,657 5,460 7,200 552,772 8,050 |
|---|---|---|
| 560,822 | ||
| 1,200 | ||
| 1,200 1,992 5,371 722 6,114 1,892 |
||
| 17,291 | ||
| 578,113 |
| Grants for UK and overseas mission The comparatives for the previous year areasfollows: Grants for UK and overseas mission Grants for the relief of poverty The charity's principal grants to institutions comprised: Menston Methodist Church Burley-in-Wharfedale Methodist Church Christchurch llkley LEP Beamsley Centre Acts 435 8 Analysis of staff costs, the cost ofkeymanagement personnelandtrustee remuneration Gross wages and salaries Social security Pension costs Other employment benefits |
Institutions £ 59,197 59,197 Institutions £ 7,000 1,050 8,050 |
Individuals £ Individuals £ 2023 £ 10,500 15,000 31,422 2,275 59,197 2023 £ 191,961 16,381 37,889 246,231 2023 £ 59,197 59,197 2022 £ 7,000 1,050 8,050 2022 £ 2,000 5,000 1,050 8,050 2022 £ 159,093 12,511 32,345 2,582 206,531 |
|---|---|---|
| Trustees: Rev Roger Smith (Presbyter) Rev Timothy Perkins (Superintendent & Presbyter) Rev Roberta Topham (Presbyter) Rev Shannon Delaureal (Presbyter) Rev Cameron Stirk (Presbyter) Juliana Caukwell (Circuit Administrator) Michael Fawcett (Circuit Communications Officer) The following amounts were payableinthe previous year: Trustees: Rev Roger Smith (Presbyter) Rev Timothy Perkins (Superintendent) Rev Roberta Topham (Presbyter) Rev Shannon Delaureal (Presbyter) Deacon Liz Day (Deacon) Key management connected to trustees: MrsBLDownes Other members of key management Wages & salaries 26,928 29,621 26,928 26,928 26,928 29,151 6,591 Wages & salaries 25,824 25,824 25,824 25,824 12,653 2,561 17,992 Other employment benefits Other employment benefits 2,582 Employer pension contributions 7,244 7,244 7,244 7,244 7,244 1,671 Employer pension contributions 6,947 6,947 6,947 5,947 3,404 75 1,496 |
2023 £ 34,172 36,864 34,172 34,172 34,172 30,822 6,591 |
|---|---|
| 210,964 | |
| 2022 £ 32,771 35,353 32,771 31,771 16,057 2,636 19,488 |
|
| 170,847 |
| Freehold Property £ Cost or valuation At 1 September 2022 2,606,461 Additions Gains/(losses)onrevaluation Disposals At31August 2023 2,606,461 Accumulated depreciation At 1 September 2022 Charge for the year Eliminatedondisposal At31August 2023 Net book value At31August 2023 2,606,461 At31August 2022 2,606,461 |
Total 2023 £ 2,606,461 2,606,461 |
|
|---|---|---|
| 2,606,461 2,606,461 |
| 12 13 2023 £ Falling due within one year: Other debtors Prepayments and accrued income 20,401 20,401 Falling due after one year Loans 17,699 17,699 Total debtors 38,100 Current asset investments 2023 £ TMCP Holdings 421,210 421,210 Cash at Bank andinHand 2023 £ Cash at bank with immediate access 7,871 Central Finance Board Deposits 140,108 147,979 |
2022 £ 6,642 27,989 |
|
|---|---|---|
| 34,631 | ||
| 17,699 | ||
| 17,699 | ||
| 52,330 2022 £ 503,526 503,526 2022 £ 4,507 131,252 |
||
| 135,759 |
| 15 Trade creditors Accruals Deferred income Grant obligations Pension commitments Summary of pension contributions payable for year: The charity's pension contributions were as follows to the Methodist Ministers' Pension scheme (defined benefit) to defined contribution pension schemes Summary of pension liabilities at the year end: The charity's pension liabilities at the end of the year were as follows: inrespect of defined benefit pension arrangements inrespect of defined contributionpension arrangements |
2023 £ 2,770 36,541 98,556 27,000 164,867 2023 £ 36,218 1,671 37,889 2023 £ |
2022 £ 2,372 15,084 86,133 103,589 2022 £ 31,190 1,155 |
|
|---|---|---|---|
| 32,345 | |||
| 2022 £ |
| Designated Funds The Circuit Model Trust Fund The Property Fund The Beamsley Fund The Norwood Chapel and Retreat Centre Fund General Unrestricted Funds Total Unrestricted Funds Restricted Funds CAP Fund The Norwood Chapel and Retreat Centre Fund Other small restricted funds Aggregate of funds |
Opening Incoming Outgoing balance resources resources 2023 2023 2023 £ £ £ 503,526 16,533 (111,363) 28,884 146 (33,222) 24,803 11,900 (4,067) 11,704 568,917 28,579 (148,652) 2,617,933 375,613 (408,498) 3,186,850 404,192 (557,150) # 3,129 21,500 (22,444) 13,901 (5,423) 4,508 200 (318) 7,637 35,600 (28,185) 3,194,487 439,792 (585,335) |
Transfers inthe year 2023 £ (36,615) 16,693 (8,000) (11,704) (39,626) 30,210 (9,416) 9,416 9,416 |
Gains and Closing losses balance 2023 2023 £ £ (62) 372,020 12,500 24,636 (62) 409,156 2,615,258 (62) 3,024,415 2,185 17,893 4,390 24,468 (62) 3,048,883 |
|---|---|---|---|
| Tangible fixed assets Debtors Investments held as current assets Cash at bank andinhand Creditors falling due within one year e previous year the movementsinthe charity's funds were as follows: Opening Incoming balance resources 2022 2022 £ £ gnated Funds The Circuit Model Trust Fund 159,587 2,307 The Property Fund 30,135 The Beamsley Fund 23,109 7,444 The Norwood Chapel and Retreat Centre Fund 12,074 11,502 The Timble Fund (20) 224,885 21,253 30 |
Unrestricted Funds General Designated funds funds £ £ 2,606,461 35,335 2,765 421,210 138,330 (14,819) (164,867) 2,615,259 409,156 Outgoing Transfers resources in the year 2022 2022 £ £ (178,458) 520,090 (21,931) 20,680 (5,750) (11,872) 20 (217,991) 540,770 |
Restricted funds 2023 £ £ 2,606,461 38,100 421,210 24,468 147,979 (164,867) 24,468 3,048,883 Gains and Closing losses balance 2022 2022 £ £ 503,526 28,884 24,803 11,704 568,917 |
|---|---|---|
| General Unrestricted Funds Total Unrestricted Funds Restricted Funds CAP Fund Other small restricted funds Aggregateoffunds |
2,708,073 2,932,958 6,289 4,508 10,797 2,943,755 |
791,467 812,720 16,125 16,125 828,845 |
(340,837) (558,828) (19,285) (19,285) (578,113) |
(540,770) | 2,617,933 | |
|---|---|---|---|---|---|---|
| 3,186,850 | ||||||
| 3,129 4,508 |
||||||
| 7,637 | ||||||
| 3,194,487 |
| Tangible fixed assets Debtors Investments held as current assets Cash at bank andinhand Creditors falling due within one year |
Unrestricted Funds General funds £ 2,606,461 51,577 62,661 (102,766) 2,617,933 Designated funds £ 753 503,526 65,461 (823) 568,917 |
Restricted funds £ 7,637 7,637 2022 £ 2,606,461 52,330 503,526 135,759 (103,589) 3,194,487 |
|---|---|---|