2020-08-31-accounts - South Devon Circuit Of The Methodist Church

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					General Funds (unrestricted)	Circuit Model Trust Fund (unrestricted)	Restricted Funds	Totals this year	Totals last year
SECTION A
RECEIPTS				Note
Assessment/Share					17,618			17,618	23,928
Capital receipts
Bank and CFBinterest and
Investment income					278	718	76	1,072	1,101
Rental property income					29,364			29,364	29,685
Other receipts					10,969		2,838	13,807	3,879
TOTAL RECEIPTS					58,229	718	2,914	61,861	58,593
SECTION B
PAYMENTS
Ministerial Stipends, Pension, training and	salaries, travel		NIC,		22,335			22,335	21,319
Manse Costs					4,418			4,418	7,817
District Assesssment					6,465			6,465	6,096
Administration and Circuit Office					7,520	171	12	7,703	4,842
Worship and Discipleship					1,834			1,834	2,114
Grants 8 Donations					2,500	2,135		4,635	4,880
Other Property Costs					6,171			6,171	11,105
Other payments							2,250	2,250	2,085
TOTAL PAYMENTS					51,243	2,306	2,262	55,811	60,258
SECTION C
NET RECEIPTS/PAYMENTS			FOR
THE YEAR					6,986	1,588	652	6,050	1,665
Total funds brou ht forward		from last		ear	47,563	85,600	6,714	139,877	136,578
Sub total					54,549	84,012	7,366	145,927	134,913
Transfers and ad'ustments					1,144	194	950		4,964
TOTAL FUNDS AT END OF		YEAR			55,693	83,818	6,416	145,927	139,877

	General Funds (unrestricted)	T t F d Circuit Model (unrestricted)	Restricted Funds	Totals this year	Totals last year
SUMMARY OF CIRCUIT CASH FUNDS HELD
Bank Current Account	19,822			19,822	1,063
Central Finance Board	35,771		588	36,359	47,545
Trustees for Methodist Church Purposes	100	83,818	5,828	89,746	91,269
SUB TOTAL	55,693	83,818	6,416	145,927	139,877
Total funds held by Internal
Organisations
	55,693	83,818	6,416	145,927	139,877

Land	and Buildings	1,228,104	1,228,104
Loan	to Circuit church	1,466	12,436
Other	Liabilities	0	0
		1,229,570	1,240,540

		Gener~I Funds (unrestricted)	Gener~I Funds (unrestricted)	T t F d Circuit Model rust und (unrestricted)	T t F d Circuit Model rust und (unrestricted)	T t F d Circuit Model rust und (unrestricted)	T t F d Circuit Model rust und (unrestricted)	Re~trlcted Funds	Totals this year	Totals last year
1	OTHER RECEIPTS
	Loan repayments from	church	10,969						10,969	1,794
	Charity Fundraising (from churches)							2,838	2,838	2,085
			10,969				0	2,838	13,80T	3,8T9
	The amounts included	in other receipts	are not, by	their	nature,		income ofthe		Circuit.
2	MINISTERIAL STAFF	COSTS PAID
	Salary		18,645						18,645	18,070
	Employers Nl and Apprenticeship charge		1,475						1,475	352
	Pension		1,291						1,291	913
	Travel &Training		924						924	1,983
			22,335					0	22,335	21,319
3	ADMINISTRATION AND CIRCUIT OFFICE COSTS
	Administration staff costs		4,228						4,228	1,420
	Office utilities and phone		1,733						1,T33	968
	Administration and stationery		810						810	789
	Professional fees and Insurance		259			171		12		230
	Advertising and website		354						354	736
	Circuit equipment (projector)									340
	Other sundry expenses		136						136	359
			T,520			171		12	7,'703	4,842
4	GRANTS, DONATIONS	&OTHER PAYMENTS
	District Levy (CMTF)				2,	135			2,135	2,380
	Circuit Charity - Donation		2,500						2,500	2,500
	Circuit Charity - Church	Fundraisin						2,250	2,250	2,085
			2,500				0	2,250	6,885	6,965