|||for the year en|for the year en|ded 31Augus|ded 31Augus|2022||
|---|---|---|---|---|---|---|---|
|||Birmingham||Methodist
Ci||cuit||
|Registered|Charity|- Registration|number||||1132926|
||||Birmingham
District||||05/0'i|
|Ministers||Rev Dr Neil Johnson,|||Rev Alison Richard|Rev Nicholas Jones||
|||Rev Mindy Bell, Rev|||Ping Ting Chen, Re|Molly Chitokwindo,||
|||Rey Caroline|(Caz) Hague,||Rev Deborah
Hump|ries, Rev Farai Mapamula,||
|||Rev Cleoyas Sibanda,|||Rev Sue Shortma|, Rev Karen Webber||
||||||Deacon Ruth Yorke|||
|Circuit Stewards|||||Gill Wilkins|||
||||||Janice Martin|||
||||||Mariorie Roper|||
|||||Sharon Cluiterbuck||||
||||||Mary Mahachi|||
|Circuit Treasurer||||||||
||||||Andrew
Morris|||
##
##
##
##
##
##
##
##
##
|||||||||Birmingham|Birmingham|Methodist|Methodist|Circuit|Circuit|||Number|Number|05/01||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Statement of Financial Activities||||(SOFA) for the year ended||31August 2022||||||||||||||
|||||||||||Cl|||ih'a|||||||
||||||IU||ICo|||cl 'o
u
cl
.M t|||C
lc|u||||||
||||||CI
III
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u|IC
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Cl
Cl|ic
LJ|ts
CI
u|Cl
cs|t
IU
u||C
Cl
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Cl
cs|iUl
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u||Total|2021
22|Total
2020-21||
|Income||||||||||||||||||||
|Donations
and legacies|||||||340||||||||||340||2,534|
|income from monetary|investments||||||816||5,985|||||222|2,137||9,160||6,574|
|Income from Investment||Properties||||||||||||||||||
|Assessments
on Churches|||||||717,067||||||||||717,067||744,448|
|Capital Receipts|||||||525,000|385,006|||||||623,370|1,533,376||1,197,764||
|Grants Received|||||||56,932||||||||||56,932||55,862|
|Other Charitable
Income|||||||95,862||||||||2,170||98,032||53,714|
|Total Income|||||||1,396,017|390,991||||||222|627,677|2,414,907||2,060,896||
|Expenditure||||||||||||||||||||
|Stipends, salaries,
NIC & Pension||||costs|||695,802||||||||35,497||731,299||761,699|
|District Assessment|||||||24,159||||||||||24,159||21,971|
|Methodist
Church
Fund|(Connexion)||||||166,953||||||||||166,953||176,989|
|Administration,
telephone||&travel|||||57,591||3,691|||||8,635|5,127||75,044||53,711|
|Insurance,
utilities, etc|||||||41,594||||||||3,440||45,034||52,218|
|Maintenance
of Manses|||||||76,731||||||||21,424||98,155||64,078|
|Other Expenditure
on Circuit|||property||10||16,900||||1,986||-10,950||||7,936||148,829|
|Depreciation|||||13|||||||||||||||
|Provisions||||||||||||||||||||
|Other Expenditure|||||||24,291||||||||606,689||630,980||641,210|
|Grants
and
Donations|||||12||4,500||31,086||12,000||||1,174||48,760||58,465|
|Contributions
to District|Advance|||Fund|||||88,385||||||||88,385||36,830|
|Total Charitable
Expenditure|||||||1,108,521|123,162|||13,986|||-2,315|673,351|1,916,705||2,016,000||
|Net income/(expenditure)|||||||287,496|267,829||-13,986||||2,537|-45,674||498,202||44,896|
|Transfers
between
funds|||||||630,029|-741,328|||||||111,299|||||
||||||||917,525|-473,499||-13,986||||2,537|65,625||498,202||44,896|
|Other recognised
gains|/|(losses):||||||||||||||||||
|Gains/(losses)
on monetary|||investments|||||||||||||||||
|Gains/(losses)
on investment|||assets|||||||||||||||||
|Net movement
in funds|||||||917,525|-473,499||-13,986||||2,537|65,625||498,202||44,896|
|Reconciliation
offunds:||||||||||||||||||||
|Total funds brought
forward|||||||5,117,540|1,109,919||225,213||||48,064|617,804|7,118,540||7,073,644||
|Total funds carried forward|||||||6,035,065|636,420||211l227||||50,601|683,429|7,616,742||7,118,540||
|For information
only Money|||received and passed on to External||||Organisations|||||||||||||
|Balance brought
forward||from last year||||||||||||||||||
|Offerings/Gifts
- received for External Organisations|||||||||||||||||223||2500|
|Offerings/Gifts
- passed|to External Organisations||||||||||||||||223||2500|
|Balance Sheet as|at 3|1August||2022|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||'C
OSt
a
Ol
Ca
ca|II
C
U|08
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IIO
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IllC
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CI|os
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Ol
IC|Totals 2022|Totals 2021|
|Fixed Assets|||||||||||||||||
||||||Notes||||||||||||
|Land & Buildings|||||13|5,589,307|||||||||5,589,307|4,697,078|
|Equipment|||||||||||||||||
|Investment
properties|||||14||||||||||||
|Investments|||||||||||||||||
|||Totalfdred assets||||5,589,307||||||||0|5,589,307|4,697,078|
|Current Assets|||||||||||||||||
|Debtors|||||15|147,056|162,002|||||||155|309,213|192,000|
|Trustees for Methodist||Church||Purposes|||||||||||||
|Deposits|||||||489,416||211,227||||47,409|693,770|1,441,822|1,971,050|
|Central Finance Board||Deposits||||352,634||||||||8,965|361,599|370,254|
|Cash at Bank and|in hand|||||125,270|(14,998)||||||3,192|1,681|115,145|52,712|
||Total current assets|||||624,960|636,420||211,227||||50,601|704,571|2,227,779|2,586,016|
|Current
Liabilities|||||||||||||||||
|Creditors
and Accruais||(due in|under 1 yr)||16|179,202|||||||0|21 142|200 344|164,554|
||Total Current|||Llabllties||179,202|0|||0|||0|21,142|200,344|164,554|
|Net current||assets/(liabilities)||||445,758|636,420||211,227|||50,601||683,429|2,027,435|2,421,462|
|Total assets less current||||liabilities||6,035,065|636,420||211,227|||50,601||683,429|7,616,742|7,118,540|
|Long term liabilities (due after||||more|||||||||||||
|than 1year)|||||||||||||||0|0|
|||||Net assets||6,035,065|636,420||211,227|||50,601||683,429|7,616,742|7,118,540|
|Funds ofthe Circuit|||||||||||||||||
|General
Fund (Unrestricted)|||||18|6,035,065|||||||||6,035,065|5,117,540|
|Model Trust Fund|(Unrestricted)||||18||636,420||||||||636,420|1,109,919|
|Model Trust Fund|(Designated||&||||||||||||||
|Unrestricted)|||||18||||211,227||||||211,227|225,213|
|Designated
funds|||||18|||||||50,601|||50,601|48,064|
|Restricted
funds|||||18|||||||||683,429|683,429|617,804|
|||Total Funds||||6,035,065|636,420||211,227|||50,601||683,429|7,616,742|7,118,540|
##
##
##
|Cash flow statement
for the year ended|31Augus|t 20|22|||||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
|Statement ofcash flows||||||f|f|
|Cash from operating
activities||||||||
|Net cash used
in operating
activities||||||-389,386|-606,822|
|Cash flows from investing
activities||||||||
|Dividends, interest and rents from investments||||||9,160|6,574|
|Proceeds from the sale of property, plant and|equipment|||||836,226|1,182,332|
|Purchase
of property, plant and equipment||||||-931,450|0|
|Net cash provided
by investing
activities||||||-86,064|1,188,906|
|Cash flows from financing
activities||||||||
|Net cash used in financing
activities||||||||
|Change
in cash and cash equivalents
in|the reporting||period|||-475,450|582,084|
|Cash and cash equivalents
at the beginning|of the reporting||period|||2,394,016|1,811,932|
|Cash and cash equivalents
at the end ofthe reporting|||period|||1,918,566|2,394,016|
|||||||2022|2021|
|Reconciliation
ofnet income to net cash flow from operating|||||activities|f|f|
|Net income for the reporting
period
( as per statement||offinancial||activities)||498,202|44,896|
|Adjustments
for:||||||||
|Loss/(Profit)
on the sale offixed assets||||||-272,005|-563,494|
|Gains on investments||||||-525,000|0|
|Dividends,
interest
and rents from investments||||||-9,160|-6,574|
|(increase)/decrease
in debtors||||||-117,213|-54,673|
|increase/(decrease)
in creditors||||||35,790|-26,977|
|Net cash used in operating
activities||||||-389,386|-606,822|
|||||||2022|2021|
|Analysis ofcash and cash equivalent||||||f|f|
|Cash
in hand||||||476,744|422,966|
|Short term deposit (less than 3 months)||||||1,441,822|1,971,050|
|Total cash and cash equivalents||||||1,918,566|2,394,016|
##
##
##
##
##
##
##
##
##
##
##
||||||Unrestricted|Unrestricted||Circuit|Model|Designated|Restricted||2021|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|4.Donations
and legacies||||||||Trust|Fund|(Unrestricted)||Total|Total|||
||||||f||||f|f|f|f|f|||
|Donations|||||||340|||||340|2,534|||
|Legacies||||||||||||0|||0|
|Total|||||||340|||||340|2,534|||
||||||Unrestricted|||Circuit|Model|Designated|Restricted|2022|2021|||
|5.Other charitable|income|||||||Trust|Fund|(Unrestricted)||Total|Total|||
|||||||||||||f|f|||
|Payroll recharges||||||68,531||||||68,531|32,235|||
|Benevolent
Fund|||||||0||||2,170|2,170|||0|
|Sundry income|||||||664|||||664||936||
|Transfer from closed church||||||5,942||||||5,942|||0|
|Inner City Fund||||||||||||0||323||
|Manse Rental||||||20,725||||||20,725|20,220|||
|Total||||||95,862|||||2,170|98,032|53,714|||
|6.Payment to Trustees||||||||||||2022|2021|||
|Payments
made to|trustees for additional|||||services||provided to||||||||
|the Circuit by agreement|||with the||Circuit|Meeting||||||||||
|Number
oftrustees|who were|||paid expenses||||||||||||
|Nature ofthe expenses:||||Travel Expenses, Postage,|||||Stationery|g. Printing,|Training|||||
|Total amount
paid||||||||||||482|||473|
|7.Fees for audit of|the|accounts||||||||||2022|2021|||
|Independent
auditors'||fees for re|||porting|on the accounts||||||4,158|4,422|||
##
||||||||||
|---|---|---|---|---|---|---|---|---|
|8.Paid employees|||||||2022|2021|
|Staff Costs paid during||the year were:|||||||
|Gross wages, salaries|and benefits
in|||kind|||578,681|599,086|
|Employer's
National|Insurance||costs||||48,240|49,998|
|Pension costs|||||||101,574|109,376|
|Apprenticeship
Levy|||||||2,804|3,239|
|Tota
I staff costs|||||||731,299|761,699|
|Average number of|staff employed|||during the year were:|||28|29|
|There are no employees||who|received total emoluments||(excluding employer|pension costs) of|more||
|than E60,000 (&70,000).|||||||||
||||||||2022|2021|
|The Circuit contributes||to two|pension schemes:||||||
|Methodist
Ministers'|Pension||Scheme (defined benefit)|||E|87,528|94,848|
|Lay Employees'
Pension||Scheme (defined contribution)||||E|14,046|14,528|
|||||||E|101,574|109,376|
##
##
|9.Leasing|Commitments||||
|---|---|---|---|---|
|Committed|to be paid:||2022|2021|
|Expiring Within 1Year||E|955|2,619|
|Between 2|Ik 5 Years|E|2,388|4,591|
|After 5 Years||E|||
|||E|3,343|7,210|
##
|10.Other Expenditure|10.Other Expenditure|on Circuit property|on Circuit property|on Circuit property||||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
|||||||f|f|
|Quinquennial
Inspections|||(Property|and Electrical)||12,108|12,766|
|Management
and|other|fees||||4,793|1,427|
|||||||16,901|14,193|
|Lozells Methodist|Church||—Inner City Fund|||8,965|134,636|
|(External Refurbishment)||||||||
|||||||7,936|148,829|
|11.Other Expenditure||||||||
|||||||2022|2021|
|||||||f|f|
|Children
and Youth||||||3,544||
|Subscriptions
(CIGB, BCT,|||Citizens)|||10,392|11,690|
|Training||||||2,580|272|
|Audit Fee||||||4,158|4,422|
|Woodgate
Valley||||||||
|Philippians
Fund||||||2,800|1,094|
|Meeting Expenses||||||517||
|Miscellaneous||||||620|1,727|
|||||||24,611|19,205|
|Connexional
(CPF)|Levies||on Sold Properties|||42,148|622,005|
|Capital Payment for Manses||||||564,221||
|Holly
Hill School||||||||
|||||||630,980|641,210|
|12.Grants 8 Donations||||||||
|||||||2022|2021|
|||||||f|f|
|Holly
Hill School||||||2,000|2,000|
|Hawkesley
School||||||2,000|2,000|
|Time4Change||||||500|200|
|||||||4,500|4,200|
|Small Heath Grants Repaid||||||0|12,265|
|Dorridge Car Park|||||||11,000|
|Perry Hall Car Park||||||14,363|0|
|Shirley Boiler||||||14,998|0|
|Nether Whitacre
Boiler||||||1,725|0|
|Lozells Payroll Costs||||||12,000|10,000|
|City Centre Fund - Retail|||Chaplain,|Counselling|Centre,|0|21,000|
|Inclusive
Gathering|||||||0|
|Holly
Hill School Fund||||||349|0|
|Benevolent
Fund||||||825|0|
|||||||48,760|58,465|
|Notes tothe Accounts (continued)|Notes tothe Accounts (continued)||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|13.Tangible Fixed Assets|||||||||||||||
|||The Circuit|holds 16menses. Two||menses were purchased
in the year,||||replacmg|two which were sold during||the year.|||
|Cost or valuation|||||||||||||||
|||||||||||||Payments|on||
||||||||||Otherflxed|||account|and||
||||||||||assets including||Fixtures, fittings|assets under|||
|||Residential|Land|Other Land|Menses||Other|bugdlngs|motor vehides||and equipment|constriictlon||Tote I|
|||6||E|6|||E|||6|6||E|
|Balance broughtforward|||||4,507,078|||190,000||||||4,697,078|
|Additions||||||931,450||525,000||||||1,456,450|
|Revaluations
(+/-)|||||||||||||||
|Oisposals (-)
Transfers ' (+/-)||||||-564,221||||||||-564,221|
|Balan«e carried|forward||||4 874 307|||715,000||||||5,589,307|
|Accumulated
depreciation|||||||||||||||
||||||SLor RB||SLor RB||SLor RB||SLor RB||||
|Balance brought|forward||||||||||||||
|Depreciation
charge for year (-I|||||||||||||||
|Revaluations
(t/-I|||||||||||||||
|Disposals (-)|||||||||||||||
|Transfers'
I+/-)|||||||||||||||
|Balance cerned|forward||||||||||||||
|Net book value|||||||||||||||
|Broughtforward|||||4|507,078||190,000||||||4,697,078|
|Carried forward|||||4,874,307|||715,000||||||5,589,307|
##
|Accrued
income (includes outstanding|Accrued
income (includes outstanding|Accrued
income (includes outstanding|assessment|payments)|
|---|---|---|---|---|
|Other debtors|||||
|Loans|||||
|Total Debtors|||||
|Analysis of Loans|||||
|Due within one year|||||
|Due within two to five|years||||
|Due after five years|||||
|16.Analysis ofcurrent
liabilities||and long|term creditors||
|Prepaid Assessments|||||
|Other Creditors|||||
|Total Current
Liabilities|||||
|17.Capital Commitments|and Contingent||Liabilities||
|At 31August 2022 capital commitments|||amounted|to:|
|At 31August 2022 contingent||liabilities|amounted|to:|
|This|ear||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||Name|ofrelated party||Relationship||Description oftransaction|||Income from|Payments to|Loans to related|Amounts|owed|
|||||||||||related party|related party|party during the|by related||
|||||||||||during the year|during the year|year|party as|on 31-|
||||||||||||||Aug-2022||
|Methodist||Church|Fund|Methodist|Governin|Body|Contribution|to Connexional|costs||166,953||||
|Total|||||||||||166,953||||
|Last|ear||||||||||||||
|||Name|of related party||Relationship||Description oftransaction|||Income from|Payments to|Loans to related|Amounts|owed|
|||||||||||related party|related
party|party during the|by related||
|||||||||||during the year|during the year|year|party as|on 31-|
||||||||||||||Aug-2021||
|Methodist||Church|Fund|Methodist|Governin|Bod|Contribution|to Connexional|costs||176,989||||
|Total|||||||||||176,989||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|MINISTERS|CIRCUIT AS|SEMBLY|MEMBERSHIP||
|---|---|---|---|---|
||||Rev Nick Jones||
||||Rev Alison Richards||
||||Rev Ping Ting Chen||
||||Rev Molly Chitokwindo||
||||Rev Caroline
Hague||
||||Rev Deborah
Humphries||
||||Rev Farai Mapamula||
||||Rev Sue Shortman||
||||Rev Cleopas Sibanda||
||||Rev Karen Webber||
||||Deacon Ruth Yorke||
|MINISTERS IN OTHER APPOINTMENTS|||||
||||Rev Mindy
Bell||
|CLERGY IN LEP's|||||
||||Rev Mike Claridge||
||||Rev Lorraine Shorten||
|SUPERNUMERARY|MINISTERS||||
||||Rev Alison Geary||
||||Rev Donald Sampson||
||||Rev Caroline
Homan||
||||Rev Barbara Calvert||
|LAYWORKERS|||||
||||Ermine
Mitchell||
||||Diane Webb||
||||Salome Noah||
||||Arul Israel||
||||Heather
Rose||
|CIRCUIT STEWARDS|||||
||||Gill Wilkins||
||||Janice Martin||
||||Marjorie Roper||
||||Sharon Clutterbuck||
||||Remi Olatunbosun|(Property)|
|TREASURER|||||
||||Andrew
Morris||
|Queens Foundation|||||
||||Rev Gary Hall||
|CA Minute Taker|||||
||||Valerie Edden||
|Circuit Local Preachers 5Worship||Leaders|Representatives||
||||Fiona Beadle||
||||Keith Dennis||
||||Danny Dorsett||
||||Annette
Sampson||
||||Joy Wadsworth||
||||Helen Woodall||
|CO-OPTED|CO-OPTED|MEMBERS|MEMBERS||
|---|---|---|---|---|
|||||Kath Collman|
|||||Moses Dakunivosa|
|CIRCUIT|CHURCH||REPRESENTATIVES||
|Acocks Green|||||
|||||Mark Firmstone|
|||||Alan Bennett|
|||||Helen Powick|
|Beacon|||||
|||||Judith Wingate|
|||||Jeremy Parker|
|||||Sheila Maggs|
|Cambridge||Road|||
|||||Anne Lockyer|
|||||Barbara Howarth|
|||||Nicola Sharman|
|Castle Bromwich|||||
|||||Mal Glenn|
|||||Ray Glenn|
|||||Sue Mitchell|
|The Church||at Carrs Lane|||
|||||Peter Woodall|
|||||Joe Bullen|
|Chinese|Church||||
|||||Angel Chiu|
|||||Helen Xue|
|||||Rhoda Tong|
|||||Sissy Wong|
|Coleshill|United||||
|||||Chris Courts|
|||||Peter Courts|
|Cotteridge|||||
|||||Lorna Babb|
|||||John Cliff|
|||||Mike Meadows|
|||||Dorothy Audley|
|Nether Whitacre||
|---|---|
||Carol Morgan|
||Jane Taylor|
||Helen
Howell|
|Northfield||
||Andrew
Coldrick|
||Boaz Jangan|
||Laura Enonchong|
|Perry Barr||
||Pansie McKenzie|
||Neilson
Williams|
|Perry Hall||
||Daphne
Gray|
||Vivienne
Haylette|
|Saltley||
||Lorna Neale|
||Sylvia Payne|
|Selly Oak||
||Richard
Kirby|
||Brian Noake|
||John Richardson|
||Karen Ashton|
|Shirley||
||Lois Beaumont|
||Keith Love ll|
||Bill Russell|
||Pat Lowe|
|Solihull||
||Caroline
Hinchliffe|
||Sandra
Ker|
||Jenni Kitson|
||Howard Staight|
||Sue Kelley|
|South Yardley||
||Liz Lyons|
||Linda Loo|
||Joe Glasford|