## ## ## ## ## # ## ## ## ## ## ## ## ## |Unrestricted
funds|Unrestricted
funds|||| |---|---|---|---|---| |General
Fund||||1,138| |District Advance|Fund|||155| |Total unrestricted|funds|||1,293| |Rock Trust
a restricted||fund||| |District Disci
le|Enabler|a desi|nated fund|41| |Total funds||||1,499| |Total unrestricted|funds|||1,293| |Less: Tied u
in|freehold|ro ert|lassets|850| |Total readil
available||reserves||443| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||District|Designated|||| |---|---|---|---|---|---|---|---|---|---|---| |||||Notes
tothe
accounts|General Fund
(Unrestricted)|Advance
Fund
(Unrestricted)|Funds
(Restricted|Restricted
Funds|Total
2020-21|Total
2019-20| ||Income and Endowments
from:|||||||||| |1|Donations
and legacies||||250||||250|356| |2|income from investments||||2,208|5,455||2,165|9,828|10,939| |3|Income from charitable
activities|||||||||| ||Assessments
on circuits||||144,608||||144,608|128,0QQ| |5|From Circuit Model Trust Funds|||||93,036|||93,036|103,856| |6|Contribution
to the cost ofthe Chair||||42,151||||42,151|41,Q50| |7|Connexional
Advance
& Property||Fund|||71,672|20,549||92,221|75,822| |8|Other income||||1,092||||1,092|2,032| |9|Total income||||190,309|170,163|20 549|2,165|383,186|362,055| |10
11
12
13
14
15
16
17|Expenditure
on charitable
activities:
Grants and donations
Salaries and associated costs, inc Chair
Property
Office expenses
Synods, committees,
Conference
Other outgoings
Total expenditure
Net unrealised
gains on fixed assets|||10
14|17,381
166,814
24,743
8,489
5,214
6,587
229,228
130,000|107,893
969
108,862||288
2,160
1,872|9,746
5,214
6,587
340,250
127,146
166,814
24,743
130,000|12,308
10,198[
14,940
228328
23,696
142,861
24,325
0| |17|Net unrealised
gains/(losses)
investments|on|||19,293|||20,455|39747|-3888| |18|Net income||||110,374|61,301|20,549|20,459|212 683|129,839| |19|Transfers
between funds|||13|72,098|-51,549|-20,549|0|0|0| |20|Net movement
in funds||||182,472|9,752||20,459|212,683|129,839| ||Reconciliation
offunds:|||||||||| |21|Total funds
brought
forward||||956,021|145,024|41,098|144,149|1,286,292|1,156,453| |22|Total funds carried forward||||1,138,493|154,776|41,098|164,608|1,498,975|1,286,292| ## ||||||Notes
to the
Accounts|Notes
to the
Accounts|Notes
to the
Accounts|General
Fund|DAF|Designated
Funds|Restricted
Fund|Total|Total
31/0812020| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |A||Fixed assets|||||||||||| |b||Tangible fixed assets|||||14|852,629||||852,629|723,286| |c||Investments
with TMCP||||||132,026|474,220|0|164,608|770,854|739,752| |d||Total fixed assets||||||984,655|474,220|0|164,608|1,623,483|1,463,058| |e||Current assets|||||||||||| |f
6||Debtors and prepayments
Central Finance Board deposits|||||16
17|395
168,262||41,098||395
209,360|1,179
167,261| |h||Cash at bank|||||17|4,703||||4,703|1,245| |||Total current assets||||||173,360|0|41,0S8||214,458|16S,685| |||Less: Current liabilities|||||||||||| |j
k||Creditors
due in under one year
Grants payabie
in 2021-22|||||18
19|19,522|1?7,163|||19,522
177,163|11,999
178,488| |m||Total current
liabilities||||||1S,522|177,163|||196,685|190,487| |n||Net current assets/liabilities||||||153,838|-177,163|41,098||17,773|-20,802| |p||Total assets less current liabilities||||||1,138,493|297,057|41,098|164,608|1,641,256|1,442,236| |||Less: Long term liabilities|||||||||||| |||(due after more than one year}|||||||||||| |q||Grants payable
from 2022-23|||||||142,281|||142,281|155,944| |r||Net assets||||||1,138,493|154,776|41,098|164,608|1498,976|1,286,292| |||Funds ofthe District|||||||||||| |s||General
Fund (unrestricted)|||||20.1|1,138,493||||1,138,493|956,021| |t||District Advance
Fund (unrestricted)|||||||154,776|||154,776|145,024| |u|'|Total unrestricted
funds||||||||||1,293,269|1,101,045| |||Designated
Funds|||||21|||41,098||41,098|41,098| |v||Restricted
Fund|||||21||||164,608|164,608|144,149| |w||Total Funds||||||1,138,493|154,776|41,098|"l64,808|1,498,975|1,286,292| |||Under the authority|ofthe||trustees|given at their meeting
on|||f gW ~gf-~ 2022|||t|| |||Signed
by Rev Dr David||M Chapman,|||Chair of|District
and|signed
by Lynne Ling, Synod||Secretary|P|| |||C ('.~2 ~~~||||||||Date ofsigning|||| ## ## ## ## ## ## ## ## ## ## ## ||||||2020-21|2019-20| |---|---|---|---|---|---|---| ||||||E|E| |Stipend ofChair of||District, Rev|Dr David Chapman||25,524|24,852| |Employer's|National|Insurance|Contributions||3,211|3,120| |Employer's|pension|contributions|||6,866|6,700| |District Chair Allowance|||||6,381|6,213| |Com in Mist|Allow||||169|165| |Cash cost|aid b
the Connexion|||see SOEA|42,151|41,050| |Chair's ex enses|||||6,533|5,659| |Total cost|||||48,684|46,709| ## ## ## ## ## ## ## ## ## ## ## ## ||||||2020-21|2019-20| |---|---|---|---|---|---|---| ||||||F|| |District|office,|rent|and|services|18,210|18,666| |Chair's|manse||||6,533|5,659| |Total|||||24,743|24,325| ## |Office Expenses (General|fund) and TMCP|charges| |---|---|---| ||2020-21|2019-20| |Printin,
osta e and statione
Tele hone|1,738
2,830|1,940
2,487| |Insurance|1,404|1,339| |Safeguarding
Inde
endent examination|1,431
864|4,189
816| |Other||53| |Total charged to General Fund|8,267|10,824| |TMCP char es|1,479|1,484| |Total|9,746|12,308| ## ||||2020-21|2019-20| |---|---|---|---|---| |Synods& Committees|||803|3,337| |The Methodist|Conference|||| |Conference expenses||reimbursed|525|| |Chair's travel|||3,886|6,087| |District Polic|Committee, as char ed|||774| |Total|||5,214|10,198| ## ## ## ## ## ## ## ## |olity as determin
5.1
Holdings|ed
by the Meth
at 31August|odist Conference.
2021 (2020)||| |---|---|---|---|---| ||General|DAF|Rock|Total| |Fund||||| |Trustees
Investment|7,634
(5,897)|474,220
(484,606)|32,725
(32,720)|514,579
(523,223)| |Fund||||| |Managed
Mixed Fund|124,392
105,100|Nil
Nil|131,883
111,429|256,275
216,529| |Total|132,026
110,997|474,220
484,606|164,608
144,149|770,854
739,752| ## |
yments
in advance at 31 August|g
2021 will be expensed
in|

2021-22.| |---|---|---| ||2020-21|2019-20| ||E|| |Trade debtors||| |Pre a ments||| |Training||800| |Insurance (114+95)|216|209| |Printing|179|170| |Total prepayments|395|1,179| |Loan from church||| |Total debtors|395|1,179| ## ## ## |8
Creditors|||| |---|---|---|---| |||2020-21|2019-20| |||f|f| |Creditors|||| |Expenses reimbursement|||| |Independent
examination||840|816| |Publications
and office expenses|||16| |Salaries and consultant|fees|185|184| |Safe uardin||904|39| |Ecumenical
grant||14,075|5,000| |Manse refurbishment||134|110| |Training|||| |Other||147|61| |Postage 8 printing||25|| |Tele hone||85|| |Synods/Committees||96|113| |Conference|||| |DPC|||| |Travel-DC||642|358| |Total trade creditors|||| |Accruals/Provision|||| |Pension
contributions||1,937|| |Taxation and Social Security||452|| |Total creditors||19,522|6,849| ## ## ## ## |ovements
during the ye|ar wer|e as follows:||| |---|---|---|---|---| ||||2020-21|2019-20| |||||E| |Market value at 01 Se|tember 2020||144,149|146,150| |Investment
income received||during the year|2,165|2,524| |Net unrealised
gain on|the value of|||| |investments
at the year|end||20,455|-2001| |Grants paid during the|year||-1,873|-2,232| |TMCP administration
charge|||-288|-292| |Reversal ofad ustment|to bid|rice||| |Market value at 31 Au|ust 2021||164,608|144,149| |This is made up as follows:||||| |CFB Mana
ed Mixed Fund|||131,883|111,429| |Trustees'
Interest
Fund|||32,?25|32,720| |Total|||164,608|144,149| ## ## ## ## |22.1
Summary
|offund move|ments
2|020-21|||| |---|---|---|---|---|---|---| |Fund|Balance at
01-Sep-20
Note 1|Income
(Note 2)|Expenditure|Transfers|Changeln
Llabllltlesl
Gains|Balance at
31-Aug-2021| |General|956,021|190,309|-229,228|72,098|149,293|1,138,493| |District Advance
See Note
1 below|145,024|170,163|-108,862|-51,549||154,776| |Total unrestricted|1,101,045|360,472|-338,090|20,549|149,293|1,293,269| |Rock Trust|144,149|2,165|-2,160||20,454|164,608| |District Enabler|41,098|20,549||-20,549||41,098| |Benevolence|||-0|||| |Total restricted|185,24?|22,714|-2,160|-20,549|20,454|205,706| |Total Funds|1,286,292|383,186|-340,250||169,747|1,498,975| |Note 1 The DAF balances
brought
forward at the beginning
ofthe year and carried forward
at the end ofthe year are after providing
for future grants. The liability for future grants at 31
August 2021 was f319,444 being a decrease ofF14,988 over the provision
brought
forward.
Note 2The amount
off190,309excludes f149,293of net unrealised
gains; the amount of||||||| |E2,165excludes 820,454 ofnet unrealised|||gains; the amount
of2383,186excludes|||| |2169,747of net unrealised
gain.||||||| |22.2
Summary|offund movements
2019-20|||||| |Fund|Balance at
01-Sep-19
Note 1|Income
(Note 2)|Expenditure|Transfers|Change
in
Liabilities|Balance at
31-Aug-2020| |General|952,199|175,092|-222,819|51,549||956,021| |District Advance
See Note 1 below|37,555|163,890|-118,169|-51,549|113,297|145,024| |Total unrestricted|989,754|338,982|-340,988||I'l3,297|'l,101,045| |Rock Trust|146,150|2,524|-4,525|||144,149| |District Enabler|20,549|20,549||||41,098| |Benevolence|||-0|||| |Total restricted|166,699|23,073|-4,525|||185,247| |Total Funds|1,156,453|362,055|-345,513||113,297|1,286„292| ## ## ||Unrestricted|general|||| |---|---|---|---|---|---| ||and designated
funds||Restricted|funds|Total funds
E| |Tangible fixed assets||852,629|||852,629| |Fixed asset investments||606,246||164,608|770,854| |Current assets||214,458|||214,458| |Current
liabilities||(196,685)|||(196,685)| |Payables due after one
ear||(142,281)|||(142,281)| |Total||1,334,367||164,608|1,498,975| ## |ectors. The following
table shows the r
20-21.|eceipts|from and p|ayments
to re|lated parties|during| |---|---|---|---|---|---| |||2020-21|2020-21|2019-20|2019-20| |Names ofConnected
Organisations||Receipts|Payments|Receipts|Payments| |Donee: Methodist
Church
Fund|||(512,780)||(522,880)| |Donee: Methodist
Church Connexion||20,549||20,549|| |Donee: Methodist
Ministers'
Children's|Fund||(0)||(0)| |Donor: Circuits within
BEH (assessments)||657,388||650,880|| |Donor: Circuits within
BEH (levies)||93,036||103,856|| |Donor: Churches
within
BEH||250||356|| |Donor: Circuits within
BEH-Reimbursement|||||1,317| |Donee: Circuits within
BEH|||(30,600)||(24,500)| |Donee: Churches
within BEH|||(61,781)||(52,369)| |Donee: Individuals
(re 3Generate)|||||(840)| ## ## ## ## ## ## ## ## ## ## ## ##