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2021-08-31-accounts

Skipto n &Grass ington
Methodist
Circuit
Registered Charity - Registration number 11
Yorkshire West District No I Circuit No 27/18
Ministers Rev'd A Webb
Rev'd DrT Darling
Circuit Stewards MrJ Tomlinson
Mrs J Jolgl
Mrs S Stow
Circuit Treasurer cJo Circuit Stewards

Page
Circuit information
Membership ofthe Circuit
Annual
report		 ofthe Circuit 3-7
Statement of trustees' responsibilities
Statement of financial activities
Comparative statement offinancial activities 10
Balance sheet
Notes to the financial statements 12 —17
Independent Examiner's report 18
Trustees'
Declaration		 18
Reserves policy Appendix 1

Correspondence address c/o The Circuit Administrator c/o The Circuit Administrator c/o The Circuit Administrator (Edwin Tate)
The Circuit Office
St Andrew's Church Hall
Newmarket Street
Skipton
BD232JE
Email: circuit
sa		 m2718. Ius.com
Tel: 01756 796584

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Sl vrn Total 2020-21 Tote I 2019-20
Income and Endowments
from:
Donations,
rants and legacies		 332,118 1,722 333,840 14,286
Charitable
activities:
a Assessments
or share		 91,484 91,484
403		 96,744
516
b Other
Othertradin
activities
a - Lettings
b -Miscellaneous
Investments		 7,493 316 7,809 8,291
Gain on sale
Total		 431,498 316 1,722 433,536 119,837
Expenditure
on:
Stipends, salaries,
NIC Ik Pension costs
District Assessment
District lev		 80,870
25,864		 2,249 B,OOD 88,870
25,864
2,249		 87,005
26,884
2,462
10
11
12
13		 CPF levy
Staff & ministers'
expenses
Circuit offic costs
Manse costs
Investment
costs		 10
12		 3,038
3,936
21,227
4,768		 3,038
3,936
21,227
4,952		 5,841
2,998
13,985
2,390
14
15
16
17		 Depreciation
Professional fees
Other Expenditure
Grants and
Donations		 13
14
15		 4,237
1,818		 1,000 3,268 4,237
5,086
1,000		 1,087
5,281
1,000
18
19		 Contributionsto
District Advance
Total		 Fund 145,758 11,268 160,459 148,933
20
21		 Net Income/(expenditure)
Transfers between
funds		 285,740
4,997
290,737		 (3,117)
(6,079)
(9,196)		 (9,546)
18,590
9,044		 (17,508)
(17,508)		 273,077
273,077		 (29,096)
(29,D96)
Other recognised gains / (losses):
50,000
22 Gains/(Losses)
on revaluation		 offixed assets 197 197 (14)
23 Gains/(Losses)
on investment		 assets
Actuarial
gains/(lasses)		 on defined benefit
24 pension schemes
25 Net movement
in funds		 290,737 (9,196) (17,311) 273,274 20,890
27 Reconcigatlon
offunds:
Total funds brought
forward
Total funds carried forward		 978,594
1,269,331		 108,043
98,847		 280,777
289,821		 36,792
19,481		 1,404,206
1,677,480		 1,383,316
1,404,206
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General
Fund		 Circuit Model Restricted Endowment Totals this year Totals last year
(Unrestricted) Trust Fund Funds Funds
(Unrestricted)
E
Tangible Fixed Assets Notes
Land &buildings 16 557,000 277,771 834,771 834,771
Equipment 16
Investment properties 17 575,000 575,000 325,000
Investments 17 19,481 19,481 36,792
Totalfixed assets 1,132,000 277,771 1,429,252 1,196,563
Current Assets
Debtors and prepayments 18 85,781 9,698 95,479 33,514
Bank &cash
Trustees for Methodist Church
Purposes deposits 89,149 89,149 92,345
Central Finance Board Deposits 53,972 53,972 79,278
Cash at Bank and in hand 9,061 12,050 21,111 19,353
Total current assets 148,814 98,847 12,050 259,711 224,490
r
i ors an		 ccrua s ue m
under 1yr) 19 11,483 11,483 16,847
Net current assets (liabilities) 137,331 98,847 12,050 248,228 207,643
Total assets less current
liabilities 1,269,331 98,847 289,821 19,481 1,677,480 1,404,206
Loans and creditors due after 1
year
Provisions for
liabilities
and
charges
Net assets 1,269,331 98,847 289,821 19,481 1,677,480 1,404,206
Funds ofthe Circuit
Unrestricted funds 1,269,331 1,269,331 978,594
Circuit Model Trust Fund
(Unrestricted) 98,847 98,847 108,043
Restricted funds 289,821 289,821 280,777
Endowmentfunds 19,481 19,481 36,792
TotalFunds 1,269,331 98,847 289,821 19,481 1,677,480 1,404,206

Circuit Model Restricted 2021 2020
4.Donations, grants and legacies General Fund Trust Fund Funds Total Total
f f E E f
District grants 7,000 7,000 6,810
Other grants 6,165 6,165 5,000
Transfer of Embsay 317,017 317,017
Donations
and sundry		 income 1,936 1,936 251
Malham
garden project		 1722 1.722
Malham
project grants		 and donations 2,225
Total 332,118 1,722 333,840 14,286
5.Charitable activities - other General Fund Circuit Model
Trust Fund		 Restricted
Funds		 2021
Total		 2020
Total
f 6 6 6 f
Charitable
activities- Reprographics		 403 403 516
Charitable
activities - Circuit services
Total 403 403 516
Circuit Model Restricted 2021 2020
6.Investment income General Fund Trust Fund Funds Total Total
f f f f
Rental income 7,259 7,259 6,614
Interest/dividends 234 316 550 1,677
Total 7,493 316 7,809 8,291
7.Payment toTrustees 2021 2020
Total Total

8. Fees for examination ofthe accounts ofthe accounts ofthe accounts ofthe accounts ofthe accounts 2021 2020
Total Total
E E
Independent
examiner's		 fees for reporting on the accounts 1,093 1,087
Other fees (eg:advice, accountancy services) paid tothe independent
examiner or auditor
9.Stipends, salaries and other staff costs 2021 2020
Total Total
Staff costs paid during the year were: E E
Stipends 53,938 52,189
Ministers'
National		 Insurance &apprentice levy 5,283 4,852
Ministers'
superannuation		 13,732 13,370
Gross wages, salaries and benefits in kind 14,112 15,025
Staff employer's
National		 Insurance costs & apprentice levy 1,046 551
Supernumery
costs		 689 943
Local preacher costs 70 75
Total staff costs 88,870 87,005
Average number of staff (inlcuding ministers)
employed		 during the year were:
Circuit Model Restricted 2021 2020
10. Circuit office costs General Fund Trust Fund Funds Total Total
E E E E E
Telephone 1,242 1,242 1,340
Postage and stationery 417 417 378
Computer
and internet costs		 424 424 282
Photocopying
costs		 1,316 1,316 766
Insurance 324 324 232
Sundry office costs 213 213
Total 3,936 3,936 2,998
Circuit Model Restricted 2021 2020
11. Manse costs General Fund Trust Fund Fuiide Total Total
E E E E E
Counciltax 6,215 6,215 6,010
Water rates 1,039 1,039 872
Insurance 979 979 989
Repairs and maintenance 12,994 12,994 6,114
Total 21,227 21.227 13,985
Circuit Model Restricted 2021 2020
12. Investment
costs		 General fund Trust Fund Funds Total Total
E E E E E
Rental property
repairs and maintenance		 1,815 1,815 132
Rental property
insurance		 190 190 201
Rental property
gas and electric
Rental property
management		 costs 1,731 1,731 1,076
Rental property
legal		 costs 959 959 780
Investment
management		 fees 73 184 257 201
Total 4,768 184 4,952 2,390
Circuit Model Restricted 2021 2020
13. Professional fees General Fund Trust Fund Funds Total Total
E E E E
Accountancy
fees		 1,093 1,093 1,087
Legal fees re Airton Chapel 2,462
Quinquennial
inspection fees		 682 682
Total 4,237 1,775 1,087

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Analysis ofinvest ment mo vem ents
2021 2020
E E
Investments
held		 with Trustees for Methodist Church Purposes (see below) 19,481 36,792
Investment
properties		 575,000 325,000
Total 594,481 361,792
Change in investment values
Carrying
(market)		 value at beginning ofyear 361,792 311,806
Add: additions to investments at cost 250,000
Less: disposals at carrying value 17,508
Net gain/(loss)
on revaluation		 197 49,986
Carrying
(market)		 value at end ofyear 594,481 361,792
Opening Closing market
Name Type value Mvmt in value value
f f E
Proceeds ofsale Trustees interest fund 500 (500)
Miss A Tattersall
bequest		 Trustees interest fund 3,314 1 3,315
Various gifts Trustees interest fund 532 (532)
Richard Proctor bequest CFB managed
mixed fund		 620 (620)
Richard Proctor bequest Trustees interest fund 17,354 (17,354)
Surplus trusts fund Trustees interest fund 794 794
Hebden Trust Trustees interest fund 1,000 (1,000)
Mr BTAckroyd gift Trustees interest fund 2,016 2,016
Sale ofhouse Trustees interest fund 600 (600)
Various gifts Trustees interest fund 2,250 2,250
R G Fretson Smith Bequest Trustees interest fund 840 (840)
Various bequests -ex airton Trustees interest fund 4,000 5,021 9,021
Various bequests -ex airton CFB mngd fixed interest fund 1223 (23) 1,200
Richardson
Mary Gift-ex Airton		 Trustees interest fund 1,000 (1,000)
Janet Richardson
Memorial		 Fund CFB mngd fixed interest fund 749 136 885
36,792 (17,311) 19,481
Investment
properties
2021 2020
E
Broughton
Road		 25,000 25,000
20 Sawley Street 100,000 100,000
Embsay Chapel 250,000
Newmarket
Street		 200,000 200,000
Total 575,000 325,000

Notes to the Acco unts forthe year end ed 31stAugust 2021
18, Debtors and Prepayments 2021 2020
E E
Prepayments 7,507 7,356
Accrued Income 11,258 10,460
Money due from Embsay Chapel 67,016
Loan to Leeds City Mission 6,698 6,698
Loan to Long Preston 3,000 9,000
Tote I Debtors and Pre payments 95,479 33,514
The Leeds Mission loan is expected to be repaid between 2025 8. 2030.
The remainder ofthe Long Preston loan has been repaid since the year end.
19.Creditors
and		 Accruals 2021 2020
E 6
Trade Creditors 11,483 16,847
Other Creditors
Total Current Uabilitles 11483 16,847

however the remaining
sh		 op stock was don ated tothe Cir cuit in 2020/21.
22. Analysis ofassets by fund Unrestricted Restricted Endowment
Furiils Funds Funds Total
E E E E
Fixed assets 1,132,000 277,771 19,481 1,429,252
Current assets 247,661 12,050 259711
Current
liabilities		 (11,483) (11,483)
1,368,178 289,821 19,481 1,677,480
The general fund can be used in any way as long as expenditure falls within the objects ofthe Circuit.
The Circuit Model Trust Fund (CMTF) is unrestricted
and can be used in the		 same way asthe general fund.
Restricted funds
The donations for the Malham fund are to be spent on the Malham
Chapel		 property.
Endowment
funds
These are small permanent endowment
funds held by the		 Trustees for Methodist Church Purposes and from
which income received is expendable for any appropriate Circuit purposes.
~Fund anal
si
Balance Balance
Brought
Forward		 Income Expenditure Transfers Carried
Forward
E. E E E E
Unrestricted
funds:
General fund
CMTF fund
Embsay funds		 978,594
108,043		 114,482
316
317,016		 (145,758)
(3,433l		 4,997
(6,079)		 952,315
98,847
317,016
Restricted funds:
Malham
fund
Malham
Garden fund
Long Preston fund
Endowment
funds		 280,777
36,792		 1,722
197		 (3,006)
(262)
(8,000)		 18,590
(17,508)		 277,771
1,460
10,590
19,481
1,404,206 433,733 (160,459) 1,677,480

Treasurer
I confirm that these accrual based accounts
records ofthe Circuit and that they include		 for the
all funds		 year ended 31August 2021 have been prepared
under the control ofthe Circuit Meeting.		 from the
Signature ofTreasurer
2Q IO(h I&on.
Name ofTreasurer
Address
gkkfxfxgS' 6, 9dCdt~		 cDCEc)7 ICED)()$,6Xrn
SWL'Cg
k8,I ('CL-
Presentation
tothe Circuit Meeting for approval.
I confirm that the annual
report and accounts for the
presented
to the Circuit Meeting at its meeting on		 year ended 31August 2021 were I( ('O~ fa,on.
and were approved.
Signature ofthe Chair ofthe
meeting
Name ofthe Chair ofthe meeting
Date a.((OL(-Iem