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2020-08-31-accounts

Statement of Fin ancial A ctiviti es (SOFA) for the ye ar end ar end ed 31Augu st 2020
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Totals
2019-20
Totals
2018-19
Incoming
Resources
Investments 1,251 978 3,044 589 5,862 7,865
Charitable
activities
5 14,490 42,898 57,388 43,554
Assessment
on circuits
3 102,810 102,810 106,904
From Circuit Model Trust
Funds 71,753 71,753 57,804
Contribution
to the
cost of
the Chair 4 40,846 40,846 39,689
Connexional
Advance 8
Property
Fund
51,570 51,570 62,423
Total 159,397 124,301 45,942 589 330,229 318,239
Expenditure
on:
Grants and Donations 116,775 7,825 124,600 138,397
Salaries and associated
costs 7 108,166 30,397 138,563 147,957
Property costs 8 13,378 2,675 16,053 18,773
Office Expenses 9 6518 263 2,818 58 9,657 10,639
Synods, committees,
conferences 10 8,528 2,734 4,817 16,079 33,529
Other Outgoings 11 9,061 5,000 60 14,121 14,051
Total 145,651 117,038 7,734 48,592 58 319,073 363,346
Net income I(expenditure) 13,746 7,263 (7,734) (2,650) 531 11,156 (45,107)
Transfers
between
funds 13 3,000 42,000 10,000 35,530 530
10,746 (34,737) 2,266 32,880 1 11,156 (45,107)
Other recognised gains I
(losses):
Gains and losses on
investment
assets
2,651 533 3,184 2,202
Net movement
in funds
10,746 (34,737) 2,266 30,229 (532) 7,972 (42,905)
Reconciliation
offunds:
Total funds brought forward 595,789 121,554 3,346 174,895 36,009 931,593 974,498
Total funds carried
forward 606,535 86„817 5,612 205,124 35,477 939,565 931,593

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Total
2020
Total
2019
f.
Tangible Fixed Assets
Manse and other property 14 458,855 458,855 458,855
Investments 147,658 29,040 176,698 179,885
Total fixed assets 458,855 147,658 29,040 635,553 638,740
Current Assets
Debtors and Prepayments 15 15,528 'i5,528 8,290
Central Finance Board and
Trustees for Methodist
Church Purposes
Deposits
17 133,802 86,817 5,612 55,684 6,437 288,352 273,630
Cash at Bank and
in hand
5,086 3,945 9,031 16,766
Total current assets 154,416 86,817 5,612 59,629 6,437 312,911 298,686
Current
liabilities
Creditors
and Accruals (due
in under
1 year)
18 6,736 2,163 8,899 5,833
Net current assets/liabilities 147,680 86,817 5,612 57,466 6,437 304,012 292,853
Total assets less current
liabilities 606,535 86,817 5,612 205,124 35,477 939,565 931,593
Net assets 606,535 86,817 5,612 205,124 35,477 939,565 931,593
Funds ofthe District
General
Fund (Unrestricted)
20 606,535 606,535 595,789
District Advance
Fund
(Unrestricted) 19 86,817 86,817 121,554
Designated
Funds
(Unrestricted) 20 5,612 5,612 3,346
Total unrestricted
funds
606,535 86,817 5,612 698,964 720 689
Restricted
Funds
21 205,124 205,124 174,895
Endowment
Funds
35,477 35,477 36,009
Total Funds 606,535 86,817 5,612 205,124 35,477 939,565 931,593

2019-20 2018-19
Stipend of Chair of District, Rev Sher IAnderson 31,065 30,210
Em
lo
er's National
Insurance
contributions
3,096 2,978
Em
lo
er's ension contributions 6,685 6,501
Cash cost aid b the Connexion see SOFA 40,846 39,689
Notional estimate ofcost of
rovidin
manse 12,000 12,000
Chair's expenses 2,757 3,159
Total cost 55,603 54,848

nts a nd don ati ons
totalli
ng 812 4,600 were made during the year (2018-1
2019-20 2018-19
From General Fund to Liverpool Universities
cha lainc
From DAF see Note 19 116,775 126,922
From Overseas Students Income Fund 4,000
From MWIB Liver
ool District
3,825 11,475
Total 124,600 138,397
To For
Churches 30,000 Pro ects 30,000
Circuits 86,775 Ministr 123,775
Instrtutions 'i16,775
Liver
ool
District 37,000
Total 153,775 153,775

fThe Methodist
Church
Pro ert
costs
at www. m ethodist. or .uk
2019-20 2018-19
Chair's manse repairs 9,497 10,813
Council tax and water rates 2,176 2,446
Insurance 1,705 1,667
Total charged to General Fund 13,378 14,926
CASAI office, rent and services 2,675 3,847
Total charged to CASAI Restricted Fund 2,675 3,847
Total 16,053 18,773

Office ex pen ses
2019-20 2018-19
Printin,
osta
e and stationer 3,873 1,350
Tele hone 2,645 2,391
Staff trainin 1,000
Total char ed to General
Fund
6,518 4,741
TMCP char es 263 356
Total char ed to District Advance Fund 263 356
MWIB Printin, osta e and stationer 124 448
Total char ed to MWIB Restricted Fund 124 448
CASAI Printin, posta e and stationer 344 1,627
CASAI Tele hone 855 1,626
CASAI Le al expenses 540
CASAI Trainin and su ervision 654 1,486
Total char ed to CASAI Restricted Fund 2,393 4,739
TMCP char es 301 297
Total char ed to Students
Dev Restricted
Fund 301 297
TMCP char es 58 58
Total char ed to Endowment
Funds
58 58
Total 9,657 10,639

2019-20 2018-19
S nod expenses 911 1,245
Conference 122
Committees 1,478
3Generate 1,890
Chair's travel 1,926 2,620
Mission and evan elism facilitator travel 2,816 3,103
Safe uardin
officer travel
1,228 1,551
Mexican Mission Pro ect 6,574
Other 708 1,890
Total charged to General Fund 8,528 20,473
Training
(charged
to Designated Fund) 2,734 5,250
Total charged to Designated Fund 2,734 5,250

Names of Names of Connected Connected Organisations Organisations Receipts Payments
E
Donee: Methodist
Church
Fund 357,758
Donor: Circuits within Liverpool District (assessments on
Circuits 357,758
Donor: Crosb Methodist Circuit (Mission Pro ect) 14,490
Donor/Donee: Circuits within
Liverpool
District
(levies/ rants 71,753 86,775)
Donor/Donee: Churches within Liver ool District rants 30,000