2021-08-31-accounts - Liverpool District Methodist Church

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Statement of Fin	anc	ial A	ctiviti	es	(SOFA)	for the ye	ar ended	31Augus	t 2021	t 2021
			Q 0 Z	lOc 0 m	Q U O s 0 I	z 'D 4) 0 V a I +J Q e&N o~o ) h 'Q g	Q I ~no Cp~ N 'e u CI	8 I V~ 'C c Q ltI u	Q Em Q c 0~ U e Lu		Totals 2020-21	Totals 2019-20
Incoming Resources
Investments					270	372		2,745	539		3,926	5,862
Charitable activities								60,580			60,580	57,388
Assessment on circuits			3		110,466						110,466	102,810
From Circuit Model	Trust
Funds						80,957					80,957	71,753
Contribution to the	cost of
the Chair			4		41,961						41,961	40,846
Connexional Advance		8
Property Fund						42,671					42,671	51,570
Total					152,697	124,000		63,325	539		340,561	330,229
Expenditure on:
Grants and Donations						46,139		4,400			50,539	124,600
Salaries and associated
costs			7		76,091			67,611			143,702	138,563
Property costs			8		5076			2,782			7,858	16,053
Office Expenses			9		3981	90		3,847		57	7,975	9,657
Synods, committees,
conferences			10		4,009		1,250	2,493			7,752	16,079
Other Outgoings			11		9,061						9,061	14,121
Total					98,218	46,229	1,250	81,133		57	226,887	319,073
Net income I(expenditure)					54,479	77,771	(1,250)	(17,808)	482		113,674	11,156
Transfers between	funds		13		32,138)	(40,000)		72,618	(480
					22,341	37,771	(1,250)	54,810		2	113,674	11,156
Other recognised	gains I
(losses):
Gains and losses on
investment assets								27,105	5,327		32,432	3,184
Net movement in	funds				22,341	37,771	(1,250)	81,915	5,329		146,106	7,972
Reconciliation of	funds:
Total funds brought	forward				606,535	86,817	5,612	205,124	35,477		939,565	931,593
Total funds carried
forward					628,876	124,588	4,362	287,039	40,806		1,085,671	939,565

	o8 I 00 0Z m	0I u o m ~ LI I Q D	0 Q 0 V Q a 0 c 8 Om") c U	0 Q 0 V Q a 0 c 8 Om") c U	'a Q I ~au L m ~ pc ill 'rn u Q0		cI e E~ g c 0'a Lj LI	Total 2021	Total 2020
Tangible Fixed Assets
Manse and other property	14	458,855						458,855	458,855
Investments						174,763	34,363	209,126	176,698
Total fixed assets		458 855				174„763	34363	667,981	635,553
Current Assets
Debtors and Prepayments	15	98,575						98,575	15,528
Central Finance Board and
Trustees for Methodist
Church Purposes Deposits	17	107,490	124,588		4,362	106,441	6,443	349,324	288,352
Cash at Bank and in hand		10,768				6,634		17,402	9,031
Total current assets		216 833	124„588		4,362	113,075	6443	465 301	312 911
Current liabilities
Creditors and Accruals (due
in under 1 year)	18	46,812				799		47,611	8,899
Net current assets/liabilities		170,021	124,588		4,362	112,276	6,443	417,690	304,012
Total assets less current
liabilities		628,876	124,588		4,362	287,039	40,806	1 085,671	939,565
Net assets		628,876	124,588		4,362	287,039	40,806	1,085671	939,565
Funds ofthe District
General Fund (Unrestricted)	20	628,876						628,876	606,535
District Advance Fund
(Unrestricted)	19		124,588					124,588	86,817
Designated Funds
(Unrestricted)	20				4,362			4,362	5,612
Total unrestricted funds		628 876	124	588	4,362			757826	698964
Restricted Funds	21					287,039		287,039	205,124
Endowment Funds							40,806	40,806	35,477
Total Funds		628,876	124,588		4,362	287,039	40,806	1,085,671	939,565

						2020-21	2019-20
Sti end	of	Chair	of District, Rev	She	I Anderson	31,905	31,065
Em lo	er's	National Insurance contributions				3,190	3,096
Em lo	er's	ension contributions				6,866	6,685
Cash cost		aid b	the Connexion	see SOFA		41,961	40,846
Notional	estimate		ofcost of rovidin		manse	12,000	12,000
Chair's	ex	enses				1,624	2,757
Total cost						55585	55,603

To			For
Churches			Pro'ects
Circuits		46,139	Ministr	86,139
Institutions		46, 'I39
Liver ool	District	40,000
Total		86,139		86,139

					2020-21	2019-20
Gross a					90,476	86,305
Em lo er's National	Insurance		contributions		6,543	5,009
Employer's pension	contributions			to defined
contribution schemes					4,722	6,403
Total costs of8staff					101,741	97,717
Cost of Chair see Note 4					41,961	40,846
Total staff costs					143702	138,563
Avera e weekl contractual		hours		for 6 staff	136	140

Office ex	pens	es
								2020-21	2019-20
Printin, osta e		and stationer						950	3,873
Tele hone								3,031	2,645
Total char	ed to	General Fund						3,981	6518
TMCP char	es							90	263
Total char	ed to	District Advance			Fund			90	263
MWIB Printin, osta e and stationer									124
Total char	ed to	IIWIB Restricted			Fund				124
CASAI Printin,		osta e and statione						531	344
CASAI Tele hone								1,105	855
CASAI Le al ex enses									540
CASAI Trainin and su ervision								799	654
Total char	ed to	CASAI Restricted			Fund			2,435	2,393
Cha lainc	e ui ment							670
Total char	ed to	Cha lainc	Restricted			Fund		670
Nei hbourhood Printin, osta			e and		stationer			352
Nei hbourhood Tele hone								89
Total char	ed to	Nei hbourhood		Restricted			Fund	441
TMCP char	es							301	301
Total char	ed to	Students Dev Restricted					Fund	301	301
TMCP char	es							57	58
Total char	ed to	Endowment	Funds					57	58
Total								7,975	9,657

								2020-21	2019-20
S nod ex enses								143	911
Skelmersdale	Infocus Pro ect							586
Web Desi n costs								200
Conference								750
Committees									939
Chair's travel								624	1,926
Mission and evan		elism facilitator		travel					2,816
Safe uardin	officer travel								1,228
Covid Su ort								825
Other								881	708
Total charged	to	General Fund						4,009	8,528
Training (charged		to Designated		Fund)				1,250	2,734
Total charged	to	Designated	Fund					1,250	2,734
MWIB Other									152
Total charged	to	MWIB Restricted			Fund				152
CASAI ro ect								50	1,117
CASAI travel								990	2,404
CASAI other								951	1,144
Total charged	to	CASAI Restricted			Fund			1,991	4,665
Chaplaincy training								155
Total charged	to	Chaplaincy	Restricted			Fund		155
Neighbourhood	conference							241
Neighbourhood	travel							106
Total charged	to	Neighbourhood		Restricted			Fund	347
Total								7,752	16,079

					2020-21		2019-20
Churches To ether Merse			side Re	ion	5,	147	5,147
Mission in the Economy					3,564		3,564
Churches Together in Cheshire						350	350
Total	charged to	General	Fund		9,061		9,061
TCC	contribution	(charged	to Mission				5,000
Desi	nated Fund
Total	charged to	Mission	Fund				5,000
CASAI other							60
Total	charged to	CASAI	Restricted	Fund			60
Total					9,061		14,121

				Land	Buildin s	Total
Cost or valuation
Balance brou ht forward	at 1 Se tember,		at cost	'I50,000	308,855	458,855
Balance carried forward	at 31 Au	ust	2021	150,000	308,855	458,855

Debtors were made	u
		2020-21	2019-20
Trade debtors
Circuit assessments	received late	92,315	11,644
		92,315	7'1,644
Pre a ments and accrued income
Pa ments in advance		6,260	3,884
		6,260	3,884
Total (net)		98,575	15,528

Creditors and acc	Creditors and acc	Creditors and acc	ru	ed expense	ed expense	s
Creditors were made			u	as follows:		2020-21	2019-20
Trade creditors
Methodist Church	fund		assessments			16,683
Circuit assessments		over		aid		22,974		3,384
Total trade credi tors						39,657		3,384
Various accruals						5,687		4,103
Total Accruals:						5,687		4,103
PAYE and ension	contributions					2,267		1,412
Taxation and Social		Securit				2,267		1,412
Total						47,611		8,899
Maturi anal sis	offinancial				liabilities
									Accrual
						Accrued at			made		Accrued at
						01-Se -20	Paid in	ear	in	ear	31-Au -21
Trade creditors
Methodist Church	fund		assessments							16,683	16,683
Circuit assessments		over		aid		3,384	3,384			22,974	22,974
Total trade creditors						3,384	3,384			39,657	39,657
Various accruals						4,103	4,103			5687	5687
Total Accruals:						4,103	4,103			5,687	5,687
PAYE and ension	contributions					1,412	1,412			2,267	2,267
Taxation and Social		Securit				1,412	'/,412			2,267	2,267
Total						8,899	8,899			47,611	47,611

Augu	st 202	1,	is invested to provide	income to support the p	urposes ofthe
This	is made	u	as follows:	2021:K	2020: K
CFB	Mana	ed	Mixed Fund	174,766	147,658
Total				174,766	147,658

	Liverpool	Liverpool	Liverpool	District Methodist	District Methodist	District Methodist	Church (Number	Church (Number	Church (Number	Church (Number	18)
	Notes to the		Accounts For The Year Ended 31							August 2021
	The Neighbourhood	Project —balance				f48,662	(2020:f13,975)				is a project to explore a
	new missional approach		to being the		church, enabling				members		to be missional			in all
	aspects oftheir daily	lives		and to develop a new form					ofworshipping community,					rooted in
	the missional work ofthe project. Total income (including transfers) in the f45,963(2019-20f13,975) and expenditure was 211,276 (2019-20fnil.)												year	was
	The market valuations	for		the Overseas		Students		Development			Fund have		been	provided
	by TMCP. The funds	of	all other individual funds					are	held on	deposit at		CFB.
22	Summar of movements on si					nificant		individual		funds
				Balance at										Balance at
												Gains/
	Fund			01-Se -20	Income		Ex enditure			Transfers		Losses		31-Au -21
	General Fund			606,535	152,697			98,218		32,138				628,876
	District Advance Fund
	Desi nated			86,817	124,000			46,229		40,000				124,588
	Trainin Desi nated			3,401					1,250					2,151
	Mission Desi nated			2,211										2,211
	Total other desi nated			5,612					1,250					4,362
	Total unrestricted			69S 964	276,697			145,697		72,138				757,826
	Overseas students Dev
	Fund Ca ital			147,350		2,736			301		2,124	27,105		174,766
	Overseas students
	Revenue Restricted			18,701					4,400		2,124			16,425
	Benevolence
	Restricted			2,752							480			3,243
	Higher Education
	Cha lainc Restricted			25,276		25,908		29,559			12,138			33,763
	Neighbourhood Project
	Restricted			13,975		30,963		11,276		15,000				48,662
	MWIB Liver ool District			3,945		2,689								6,634
	CASAI			6,875		1,020		35,599		45,000				3,546
	Total restricted			205,124		63,327		81,135		72,618		27,105		287039
	Powell Fund			6,435										6,438
	TA Turney Benevolent
	Fund Trust 10343			3,788		69					62		696	4,484
	Edgar W P Meredith
	Trust Trust 7942			20,309		376			41		335		3,729	24,038
	Various Charities Trust
	Trust 849			1,774		34					30		321	2,095
	Jas Gilkes Bequest
	Trust Trust 2561			1,444		26					23		265	1,709
	Wm Ashcroft Memorial
	Trust 1221			1,113		21					19		204	1,317
	Other			614		10							112	725
	Total endowment			35477		539			57		480		5,327	40,806
	Total Funds			939,565	340563			226,889				32,432		1,085,671

	Names	Names	of	Connected	Organisations	Organisations		Receipts	Payments
								F	E
Donee:	Methodist		Church Fund						350,201
Donor:	Circuits	within		Liverpool	District	(assessments	on
Circuits								350,201
Donor/Donee:		Circuits		within Liverpool		District
levies/	rants							80,957	46,139