## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||2022|2021| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total|Tota
I| |||||funds|funds|funds|funds| ||||Notes|f|f|f|f| |INCOME AND ENDOWMENTS||FROM|||||| |Charitable
activities|||||||| |Assessments
from churches||||151,520||151,520|175,025| |Donations|||||10,005|10,005|34,763| |Other||||3,438||3,438|5,594| |Investment
income|||2|7,375||7,375|21,851| |Assets from closed churches||||297,917||297,917|531,788| |Total||||460,250|10,005|470,255|769,021| |EXPENDITURE ON|||||||| |Charitable
activities|||||||| |Support costs||||179,889|552|180,441|152,738| |Contribution
to Methodist|funds|||33,548||33,548|13,565| |Grants and donations||||100||100|5,000| |Total||||213,537|552|214,089|171,303| |Net gains/(losses)
on investments|||||||(31,300)| |NET INCOME||||246,713|9,453|256,166|566,418| |Transfers between
funds|||13|12,449|(12,449)||| |Net movement
in funds||||259,162|(2,996)|256,166|566,418| |RECONCILIATION
OF FUNDS|||||||| |Total funds brought
forward||||1,424,898|37,036|1,461,934|895,516| |TOTAL FUNDS CARRIED FORWARD||||1,684,060|34,040|1,718,100|1,461,934| ## ## ## |||||2022|2021| |---|---|---|---|---|---| |||Vnrestricted|Restricted|Tots I|Total| |||funds|funds|funds|funds| ||Notes||E|f|E| |FIXEDASSETS|||||| |Tangible assets||586,990||586,990|586,990| |Investment
property||350,000||350,000|680,000| |||936,990||936,990|1,266,990| |CURRENT ASSETS|||||| |Debtors|10|15,745||15,745|67,885| |Investments|11|150,000||150,000|| |Cash at bank||585,843|34,040|619,$83|132,281| |||751,588|34,040|785,628|200,166| |CREDITORS|||||| |Amounts
falling due within one year|12|(4,518(||(4,518)|(5,222)| |NET CURRENT ASSETS||747,070|34,040|781,110|194,944| |TOTAL ASSETS LESSCURRENT LIABILITIES||1,684,060|34,040|1,718,100|1,461,934| |NET ASSETS||1,684,060|34,040|1,718,100|1,461,934| |FUNDS|13||||| |Unrestricted
funds||||1,6$4,060|1,424,898| |Restricted funds||||34,040|37,036| |TOTAL FUNDS||||1,718,100|1,461,934| ## ## |||||2022|2021| |---|---|---|---|---|---| ||||Notes|E|f| |Cash flows from operating|activities||||| |Cash generated
from operations||||306,419|506,668| |Net cash provided
by operating
activities||||306,419|506,668| |Cash flows from investing|activities||||| |Purchase of investment
property|||||(480,000)| |Sale of investment
property||||180,000|| |Interest received||||1,183|235| |Net cash provided
by/(used|in) investing||activities|181,183|(479,765)| |Change
in cash and cash equivalents||in the|||| |reporting
period||||487,602|26,903| |Cash and cash equivalents|atthe beginning||||| |ofthe reporting
period||||132,281|105,378| |Cash and cash equivalents|atthe end|of|the||| |reporting
period||||619P83|132,281| ## ||RECONCILIATION|OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES|OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES|OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES|OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES|OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES|| |---|---|---|---|---|---|---|---| |||||||2022|2021| |||||||f|f| ||Net income for the reporting|||period (as per the Statement ofFinancial|||| ||Activities)|||||256,166|566,418| ||Adjustments
for:||||||| ||Depreciation
charges||||||528| ||Losses on investments||||||31,300| ||Interest received|||||(1,183)|(235)| ||Decrease/(increase)||in debtors|||52,140|(52,454)| ||Decrease in creditors|||||P04)|(38,889)| ||Net cash provided|by operations||||306,419|506,668| |2.|ANALYSIS OF CHANGES IN NET FUNDS||||||| |||||At|1.9.21|Cash flow|At 31.8.22| ||||||f|f|f| ||Net cash||||||| ||Cash at bank|||132,281||487,602|619,883| |||||132,281||487,602|619,883| ||Liquid resources||||||| ||Deposits included|in|cash||||| ||Current asset investments|||||150,000|150,000| |||||||150,000|150,000| ||Total|||132,281||637,602|769,883| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |2.|INVESTMENT|INVESTMENT|INCOME||||| |---|---|---|---|---|---|---|---| |||||||2022|2021| |||||||f|f| ||Property|income||||6,192|21,616| ||Deposit account interest|||||1,183|235| |||||||7,375|21,851| |3.|INCOME|FROM CHARITABLE ACTIVITIES|||||| |||||||2022|2021| |||||||f|f| ||Assessments||from churches|||151,520|175,025| ||Donations|||||10,005|34,763| ||Other|||||3,438|5,594| |||||||164,963|215,382| |4.|CHARITABLE||ACTIVITIES COSTS||||| |||||||Support|| ||||||Direct|costs (see|| ||||||Costs
E|note 5)
f|Tote Is
E| ||Support costs|||||180,441|180,441| ||Contribution
to Methodist|||funds|33,548||33,548| ||Grants and donations||||100||100| ||||||33,648|180,441|214,089| ## |SUPPOR|T COSTS|||| |---|---|---|---|---| ||||Governance|| |||Other|costs|Tota Is| |||E|E|E| |Support|costs|178,311|2,130|180,441| ## ## ## ||||||||2022|2021| |---|---|---|---|---|---|---|---|---| ||||||||E|E| |Wages and salaries|||||||91,737|82,296| |Social security costs|||||||7,984|8,053| |Other pension costs|||||||20,371|20,598| ||||||||120,092|110,947| |Staff costs include stipends|||paid to|ministers|and salaries|paid to lay workers.||| |The average|monthly|number ofemployees|||during the year was as follows:|||| ||||||||2022|2021| |Ministers|||||||3|3| |No employees|received emoluments|||in excess ofE60,000,||||| ## |8.|TANGIBLE FIXEDASSETS||| |---|---|---|---| ||||Freehold| ||||property| ||||E| ||COST||| ||At 1September 2021and 31August 2022||652p210| ||DEPRECIATION||| ||At 1September 2021and 31August 2022||65,220| ||NET BOOK VALUE||| ||At 31August 2022||586,990| ||At 31August 2021||586,990| ||As ar 31August 2022 the Circuit owned 3|manses (2021:3).|| ||INVESTMENT PROPERTY||| ||FAIR VALUE||| ||At 1September 2021||680,000| ||Disposals||(180,000)| ||Transfer to current assets||(150,000)| ||At 31August 2022||350,000| ||NET BOOK VALUE||| ||At 31August 2022||350,000| ||At 31August 2021||680,000| ||Fair value at 31August 2022 is represented|by:|| ||||E| ||Valuation
in 2021||350,000| ## |10.|DEBTORS:AMOUNTS|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE|FALLING DUE WITHIN ONE|YEAR|||| |---|---|---|---|---|---|---|---|---| ||||||||2022|2021| ||||||||E|E| ||Other debtors||||||15,745|67,885| |11.|CURRENT ASSET INVESTMENTS|||||||| ||||||||2022|2021| ||||||||E|E| ||Investment|property|—transfer from fixed assets||||50.000|| |12.|CREDITORS:|AMOUNTS||FALLING DUE WITHIN ONE YEAR||||| ||||||||2022|2021| ||||||||E|E| ||Other creditors||||||4,518|5,222| |13.|MOVEMENT|IN FUNDS||||||| |||||||Net|Transfers|| |||||||movement|between|At| ||||||At 1.9.21|in funds|funds|31.8.22| ||||||E|E|E|f| ||Unrestricted|funds||||||| ||General fund||||107,163|(51,385)|70,000|125,778| ||Circuit model trust fund||||14,256|298,031|122,449|434,736| ||Property fund||||1,266,990||(180,000)|1,086,990| ||Bequests fund||||36,489|67||36,556| ||||||1,424,898|246,713|12,449|1,684,060| ||Restricted funds|||||||| ||Akrill fund||||12,449||(12,449)|| ||Beginagen
2|fund|||24,587|9,453||34,040| ||||||37,036|9,453|(12,449)|34,040| ||TOTAL FUNDS||||1,461,934|256,166||1,718,100| ## ||||Incoming|Resources|Movement| |---|---|---|---|---|---| ||||resources|expended|in funds| ||||E|E|f| |Unrestricted||funds|||| |General
fund|||161,617|(213,002)|(51,385)| |Circuit model||trust fund|298,462|(431)|298,031| |Bequests|fund||171|(104)|67| ||||460,250|(213,537)|246,713| |Restricted|funds||||| |Beginagen|2|fund|10,005|(552)|9,453| |TOTAL FUNDS|||470,255|(214,089)|256,166| |||||Net|Transfers|| |---|---|---|---|---|---|---| |||||movement|between|At| ||||At 1.9.20|in funds|funds|31.8.21| ||||E|E|E|E| |Unrestricted||funds||||| |General
fund|||(101)|107,264||107,163| |Circuit model||trust fund|14,602|(346)||14,256| |Property|fund||818,818|448,172||1,266,990| |Bequests|fund||36,439|50||36,489| ||||869,758|555,140||1,424,898| |Restricted|funds|||||| |4kri I I fund|||12,432|17||12,449| |Beginagen|1fund||13,326|(502)|(12,824)|| |Beginagen|2 fund|||11,763|12,824|24,587| ||||25,758|11,278||37,036| |TOTAL FUNDS|||895,516|566,418||1,461,934| ## |||||Incoming||Resources|Gains and|Movement| |---|---|---|---|---|---|---|---|---| |||||resources||expended|losses|in funds| |||||E||E|f|f| |Unrestricted|||funds|||||| |General fund||||277,046||(169,782)||107,264| |Circuit model|||trust fund|48||(394)||(346)| |Property
fund||||480,000||(528)|(31,300)|448,172| |Bequests|fund|||123||(73)||50| |||||757,217||(170,777)|(31,300)|555,140| |Restricted|funds|||||||| |Akrill fund||||42||(25)||17| |Beginagen|1|fund||(1)||(501)||(502)| |Beginagen|2|fund||11,763||||11,763| |||||11,804||(526)||11,278| |TOTALFUNDS||||769,021||(171,303)|(31,300)|566,418| |A current|year||12months|and prior year 12months combined|position|is as follows:||| |||||||Net|Transfers|| ||||||movement||between|At| |||||At 1.9.20||in funds|funds|31.8.22| |||||E||f|E|E| |Unrestricted||funds||||||| |General
fund||||(101)||55,879|70,000|125,778| |Circuit model|||trust fund|14,602||297,685|122,449|434,736| |Property
fund||||818,818||448,172|(180,000)|1,086,990| |Bequests fund||||36,439||117||36,556| |||||869,758||801,853|12,449|1,684,060| |Restricted|funds|||||||| |Akrill fund||||12,432||17|(12,449)|| |Beginagen|1fund|||13,326||(502)|(12,824)|| |Beginagen|2 fund|||||21,216|12,824|34,040| |||||25,758||20,731|(12,449)|34,040| |TOTALFUNDS||||895,516||822,584||1,718,100| ## ||||Incoming|Resources|Gains and|Movement| |---|---|---|---|---|---|---| ||||resources|expended|losses|in funds| ||||E|E|E|E| |Unrestricted||funds||||| |General fund|||438,663|(382,784)||55,879| |Circuit model||trust fund|298,510|(825)||297,685| |Property|fund||480,000|(528)|(31,300)|448,172| |Bequests|fund||294|(177)||117| ||||1,217,467|(384,314)|(31,300)|801,853| |Restricted|funds|||||| |Akrill fund|||42|(25)||17| |Beginagen|1fund||(1)|(501)||(502)| |Beginagen|2 fund||21,768|(552)||21,216| ||||21,809|(1,078)||20,731| |TOTAL FUNDS|||1,239,276|(385,392)|(31,300)|822,584| ## ## ## ## ## ## ## ## ## ||||2022|2021| |---|---|---|---|---| ||||E|E| |INCOME AND ENDOWMENTS||||| |Investment
income||||| |Property
income|||6,192|21,616| |Deposit account|interest||1,183|235| ||||7,375|21,851| |Charitable
activities||||| |Assessments
from churches|||151,520|175,025| |Donations|||10,005|34,763| |Other|||3,438|5,594| ||||164,963|215,382| |Assets from closed churches||||| |Assets from closed churches|||297,917|531,788| |Total incoming resources|||470,255|769,021| |EXPENDITURE||||| |Charitable
activities||||| |Contributions
to|Methodist|funds|33,548|13,565| |Grants and donations|||100|5,000| ||||33,648|18,565| |Support costs||||| |Other||||| |Wages|||91,737|82,296| |Social security|||7,984|8,053| |Pensions|||20,371|20,598| |Telephone
and|travel||7,126|7,829| |Other property|costs||24,029|7,094| |Manse costs|||14,805|14,445| |Depreciation||||528| |Carried forward|||166,052|140,843| ## |||||2022|2021| |---|---|---|---|---|---| |||||f|E| |Other|||||| |Brought forward||||166,052|140,843| |Other expenses||||3,892|6,866| |Administration||||8,367|2,989| |||||178,311|150,698| |Governance|costs||||| |Accountancy|and|legal fees||2,130|2,040| |Total resources|expended|||214,089|171,303| |Net income before||gains and losses||256,166|597,718| |Realised recognised||gains and losses|||| |Realised gains/(losses)|||on fixed asset investments||(31,300)| |Net income||||256,166|566,418|