##
##
##
##
##
|||Page|
|---|---|---|
|Administrative
information||3|
|Trustees'|Report||
|Financial|Report||
|Risk management||10|
|Trustees'|expenses|10|
|Trustees'|responsibilities|10|
|Financial|review|ll|
|Reserves|policy|12|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Trustees oame|Trustees oame|Appointed|Ofiice||Appoiniing
Body|Appoiniing
Body|
|---|---|---|---|---|---|---|
|Rev Malcolm|Peacock||Superintendent
Minister||Exofficio||
|Rev Graham Claydon
R
nhi|||Minister||Exofficio||
|Rev I/ai Reid|||Mimster||Exofficio||
|Deacon Marciaone Uwimana|||Deacon||Ex officio||
|Rev Julian Blakemore|||||Exofficio||
|Rev Melanic Crcwlsy|||Mmister||Excfiicio||
|Rev Peter Orton|||Minister||Exofficio||
|Rev Cbandrika|Perera||Minuter||Exofficio||
|Rev Nicholas|Young||Supernumerary
Minister||Exofficio||
|Rcv Jului Wbi/ilc|||Supuriuuicrdry
Muuxicr||Exutfiviu||
|Rev BobForrest|||Supernumerary
Minister||Exofficio||
|Deacon Malcolm Knowles|||Supernumerary
Deacon||Exoffido||
|Jenny Wright||Jun-19|Circuit Administrator/Secretary||Exofficio||
|Circu/t Mtg|||||||
|Ann Archer||Sep-14|Cucutt Manse Steward||Cucuit Meetmg||
|Brian Burgess||Sep-08|Church Representanve||Berungton
Church
Councd||
|I&ate Dickinson||Sep-19|LP Meeting secretary||LP Meeting||
|Allis onPfinc|||Circuit Steward||Circuit Stewards||
|Andrew
Suny||Sep-09|Church Representative||St Faith's Joint PCC||
|Barbara Cook||Sep-14|Worship Leader||Circuit Meeting||
|Bob Hamilton||Oct-20|Church
Representative||SHSJ||
|Cath Edmonds||Scp-19|Church
Representative||Christchurch
Church Mtg||
|Stephanie Breker||Sep-13|Church Representative||Chrntchurch
Church Mtg||
|Colin Ys/rr||Srr -nu|Church
nrnrrrr
n/snvr||Central
Chnrrh|I'nnnril|
|David Latter||Sep-08|Local Preacher (Tutor)||Local Preachers|Mtg|
|Diane Graham||Sep-13|Church Representative/Connex.|Funds|Christchurch
Church Mtg||
|Georgina Offie||Sep-18|Church Representative||Afi Saints Joint|PCC|
|Gill Francis||Sap 18|Church Representative||Bcldock Church|Mtg|
|Gill Hughes||Sep-19|Circuit Steward||Circuit Stewards||
|Helen Hoficn||Scp-15|Church Representauve||Pirton Church
Council||
|Helen Priest||Oct-20|Church
Representauve||SHSJ||
|I'dll Bl'dkellbuly||Scp-09|Church Representative||Piriuri Chuirb
Council||
|J Alan Burrefi||Mar-I 0|Church Representative||St Paul's Church|Council|
|Jackie Hall||Sep-08|Church Representative||Trinity, Church|Mtg.|
|Jane Stephens||Sep-18|Church Representative||StPauys Church|Council|
|Janet
Iackley||Mar-I
I|t.'ircuit Steward/I. 'hurch Representat/ve||V/rton t.'hurcb Council||
|Jeani fer Rogers||Sep-10|Safeguarding
Advisor||Circuit Meeting||
|Jube Mills||Sep-20|Church Representative||Christchurch
Church Mtg||
|John Sherman||Mar-08|Church Representative||Central
Church|Council|
##
##
|North Hertfordshir|e
Methodist|Circuit|Circuit|Charity
Nty. 1133930|
|---|---|---|---|---|
|Financial statements|for year ended|31August 2021|||
|Trustees name|Appoiated|Otgce||Appointing
Body|
|Jonathan
Battsrbee|Sep-19|Church|Representative|Central
Church Council|
|June RSunpson|Mar-Og|Church|Representative|Stotfold Church Council|
|Kctl Sllslpe|Nov-to|church|Representanve|nigh bt|
|Mandy Pye|Mar-16|Church|Representative|Chnstchurcb
Church Mtg|
|Margaret
Turner|Msr-I 1|Church|Representative|Stotfol d Church Coun cd|
|Nick Long|Sep-13|Circuit|Steward|Circuit Stewards|
|Numal
Chopde|Sep-19|Church|Representative|High St|
|Norman
Riddle|Sep-15|Church|Representative|All Saints Joint PCC|
|Peter Device|Mar-11|Church|Representative|Bemngton
Church
Council|
|Peter Dron|Sep-ttg|Church|Representatrve|All Saints Joint PCC|
|Peter Rogers|Sep-11|Circuit|Steward|Circuit Meeung|
|Robert Driver|Sep-26|Church|Representative|Baldock Church Mtg|
|Roy Robinson|Sep-2t|Church|Representatrve|Bsldock Church Mtg|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||Notes to
the|General|Circuit
Muriel|Circuit
Muriel|Total
2020-21|Total
2019-20|
|---|---|---|---|---|---|---|---|---|
||||accounts||Trust||||
|Income|||||||||
|I
Donations
snd legacies||||||||l49|
|2
Income from monetary|investments||4|52||773|825|2,124|
|3
Income &om investment|properties||5|7,358|||7/58|14,915|
|4
Assessments
on Churches|||17|208,854|||208,854|231,795|
|5
Profit on SaleofFixed|Assets||6|305,519|64,706||370,225||
|6
Grants received|||7|1,380|||1&380|7, 131|
|7
Other charitable
income||||1,002|||1,002|918|
|8Total income||||524,165|65,479||589,644|257,032|
|Expeaditare|||||||||
|9
Grants and donations||||8,905|||8,905|5,435|
|10Salaries and associated|costs||10|149,493|||149,493|154,493|
|I I Prnperty
maintenanne||||45,137|||45,137|23,088|
|12Model trust levy|||||9,378||9478|6,418|
|13District Assessment /I|Levy|||42,768|||42,768|44,452|
|14Deprecianon|||||||||
|15Oflic expenses||||19,780||357|20,137|31,015|
|16Other outgoings||||2,733|||2 733|490|
|17Total charitable
expenditure||||268,816|9,735||278,551|265,391|
|18Gains/(losses)
on monetary||investments||||508|508|(50)|
|19Gains/(losses)
uu iuvcstrrrcut||properties|||||||
|20Net income/(expenditure)||||255@49|56/52||311,601|(8,409)|
|21 Transfers between
funds|||||||||
|22 Other gains/(losses)|||||||||
|23 Net movement
in funds||||255,349|56,Z5Z||311,601|8,409|
|24 Total fimds brought forward||||1,439,578|171,932||1,611,510|1,619,919|
|25 Total funds carried forward||||1,694,927|228,184||1,923,111|1,611,510|
##
##
##
##
||||||||Notes to
the
Accounts|General Fund
(Unrestricted)|Circuit Model
Trusts
(Unrestricted)|Total
2021|Total
2020|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||f.|||
|Fixed Assets||||||||||||
|CircuitManses
&E||oi ment||||||1,709,562||1,709,562|1 849912|
|Investnent
ro erhes||||||||||||
|lovestounts|||||||12||228,184|228 184|171932|
|||Total|||ed|assets||1,709,562|228,184|1,937,746|2,021844|
|Current|Assets|||||||||||
|Debtors|||||||13|6,803||6,803|1,124|
|Central|Fiooocr ttnord l7e|||osits||||9.942||9942|39,333|
|Cash at|Bank and in hand|||||||15,329||15,329|10,125|
|||Total||current||assets||32,074||32,074|50,582|
|Current|lisbrkgties|||||||||||
|Creditors
rior in norler
1|||esr||||14|20233||20,233|1,190|
|Grants|a
ble within 2020-21|||||||7,723||7,723|9,726|
|Brid '|Loan||||||||||450,000|
||Total current||||liabilities|||27,956||27,956|460 916|
||Iyet current assetsRiabitities|||||||4,118||4,118|(410i334|
|Lon
term liabiTities||||||||||||
|Creditors (due in more tban||||1|esr|||18,753||18,753||
||Total assets|less|lotal||tiabihties|||1,694,927|228,184|1,923,111|1,611,510|
||Transfers||between|||funds||||||
||||||Wet|rtssets||1,694,927|228,184|1,923,111|1,611,510|
|Funds ofthe Chcuit||||||||||||
|General|Fund
Unrestricted|||||||1 694 927||1,694,927|1,439,578|
|Circuit|Model Trust|Fund||Unrestricted|||||228 184|228,184|17i 932|
|Uest|ted Funds
Unrestricted|||||||||||
||Tolal|Unrestricted||||Funds||1694927|228 184|1,923,111 1,611,510||
|Restricted Funds||||||||||||
|Endowment
Funds||||||||||||
|||||Total||Funds||1,694,927|220r184|ty923it11|tg611r510|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Notes to the accounts|(continued)|||||
|---|---|---|---|---|---|
|8.Payment to Trustees||||2021|2020|
|Payments
made to trustees for additional|||services|NIL|NIL|
|Number oftrustees who were paid||expenses||5|9|
|Total amount paid||||2,599|5,533|
|No trustees undertook|additional
services||on behalf ofthe Circuit.|||
|9.Fees for examination
or audit ofthe|||accounts|||
|||||2021|2020|
|Independent
examiner's|or auditors'|fees|for reporting on the accounts|570|660|
|Other fees (eg. advice,|accouraancy|services) paid to the independent||NIL|NIL|
|examiner
or auditor||||||
|10,Paid employees||||||
|StaffCosts paid during|the year were:|||2021|2020|
|Gross wages, salaries|and bcnafits|in land||112,088|118,185|
|Employer's
National
Insurance
costs||||9,915|9,507|
|Pension costs||||27,490|26,801|
|Total stalf costs||||149,493|154,493|
|Average
number ofstafF employed||during|the year were:|7|7|
##
##
##
##
|determined
by the Methodist C|onference.||||
|---|---|---|---|---|
||||2021|2020|
|Jovectmeorc listed on s rer:oaoixarl stock||Fxchsnge|3.278|2,769|
|Invesnnents
held in common investment||funds|224,906|169163|
||||228,184|171,932|
|Change
in investme nt values|||2021|2020|
|Carrying
(market) value at beginning ofyear|||171,932|177,207|
|Add: additions
to investments|atcost||65,479|1,560|
|Less: disposals at carrying value|||(9,735)|(6,785)|
|Net gain/(loss)
on revel uahon|||&VJJ|'50|
|Carrying (msrket) value at end|ofyear||228,184|171,932|
|13.Analysis ofcurrent assets|||||
|Iiebtors and pmpayments|||2021|2020|
|Prepayrnents|||996|1,124|
|Other debtors|||5,807||
|Total debtom and pre payments|||6,803|1,124|
|Analysis ofcash at bank|||2021|2020|
|Bank balance held in Lloyds|||15,329|10,125|
|14.Analysis orcurrent liabilities|||||
||||2021|2020|
||||f.|5|
|Accruals|||12,510|1,190|
|Other oreditors|||7 723||
||||20,233|1,190|
|Grants payable|||7,723|9,726|
|Bridging Loan||||450.000|
|Total Current I.iabiTities|||27,956|460,916|
|15.A|nalysis oflong term creditors|||
|---|---|---|---|
|||2021|2020|
|Other|creditors|18,753||
##
##
##
##
##
|102I'||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Payments||Amounts||
||||||Descriptio|a|Income fmm|to related||owed by|/(to)|
|Name|ofrelated
party|||Relationship|of||related party|puny||related party||
||||||trsasaction||during year|during|the|as on 31-Aug-||
|||||||||csr||2021||
|Bedford, Essex and Hertfordsbire|||District||Assessment|||42,768||||
|Ag Saints Church,|Pin Green Stevsnage|||Circuit Church|Assessment||5,000|||||
|Arlesey Methodist|Church,|Beds||Circuit Church|Assessment|||||||
|Baldock Methodist|Church,|Herts||Circuit Church|Assessment||9,000|||||
|Beningtou
Methodist Church,||||Circuit Church|Assessmeut||4,716|||||
|Central Methodist|Church,|Letchworth||Circuit Church|Assessment||60,480|||||
|Chnstcburcb,
Hitcbin Herts||||Circuit Church|Assessment||68,640|||(8,450)||
||||||Assessment|||||||
|High Street Methodist
Church, Stevenage||||Circuit Church|/(grant)||24,900|||||
|||||||I||||||
|I/ottoa Methodist|Church,|Intchworth||Circuit Church|/(grant)||7,680|||||
|Pirton Methodist
Church, Hens||||Circuit Church|Assessment||4,920|||||
|StPsitb's Chm b,|nk
I ' l1 uc|||C'
itCh
I|As"|I|||||(715)|
|StHugh and StJohn Church,
Stevenage||||Circuit Church|Assessment
/(grant)||5,904|||||
|St Paul's Methodist|Church,|Stevenage||Circuit Church|Assessment||8,088|||||
|Stotfoid Methodist|Church,|Beds||Circuit Church|Assessment||12,420|||||
|Trinity Church, Knebwoub||Hurts||Circuit Church|Asscssmcnt||(2,894)|||1,472||
|Total|||||||208,854|||7723||
##
|2020|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Payments|Amounts||
||||||Description|Income|fmm|to related|owed by/(tc)||
|Name|ofrelated osrtv|||Relationshio|of|misted|partv|party|related partv||
||||||trsnsactioa|during|year|during the|as on 31-Aug-||
|||||||||year|2020||
|Bedford, Essex and Hertiordshire|||Distnct|District|Assessment|||44,45/.|||
|Ail Saints Church,|Pin Greco Stcvenage|||Circuit Church|Assessment||6,750||||
|Arlesey Methodist|I'.hurch,|Eerie||I'.ircuit C.'hurch|Assessment||2,048||||
|BaldcckMethodist
Church,||Herts||Circuit Church|Assessment||6,982||||
||||||Assessment||||||
|Benington
Methodist
Church,||||Circuit Church|/(taunt)||4,585||(4,000)||
|Central Methodist|Church|Letchworth||Circuit Church|Assessment||58,769||||
|Chnstchurch,
Ilitchis Herts||||Circuit Church|Assessment
/(8/ant)||66,655||(6,453)||
|High Street Methodist
Church,
Stevenage||||Circuit Church|Assessment||24,153||||
|Norton Methodist|Church,|Letchworth||Circuit Church|Assessment||7,466||||
|Pitton Methodist|Church,
Herts|||Circuit Church|Assessment||4,796||||
||||||Assessment||||||
|St Faith's Church,|Hitchin Hefts|||Circuit Church|/(grant)||2,231|||(745)|
|Ct Hnsh
snrl St lohn Ctnrrrh
St&vrnssr||||C'irrnit C1mrrh|Acsrsnnent||||||
|St Paul's Methodist
Church,||Stcvenatp||Circuit Church|Assessment||8,088||||
|Stotfold Methodist|Church,|Beds||Circuit Church|Assessment||12,077||||
|Trinity Church,
Knebworth||Hens||Circuit Church|Assessment||21,029|||1,472|
|Total||||||231|797|44452|9 726||
##
##
##
##
##
##
##
##
##
##