| Church Stewards | Church Stewards | Church Stewards | |
|---|---|---|---|
| r | a | ||
| c | n | n | |
| Mar'prie | Fer uson | ||
| Merli | s | Grizzle | |
| Paula | Hall |
| ACC | OUNTS FOR THE YEAR ENDED 3 | 1AUGUST | 2020 | Southgate Methodist |
Church | |||||||
| Unrestdcted | Restricted | Totals this | Totals last | |||||||||
| SECTION A | Funds | Funds | ear | ear | ||||||||
| 51 | RECEIPTS | Note | ||||||||||
| a2 | Offerin s | 42 804 | 42 804 | 43624 | ||||||||
| a25 | GiRDa | 1,600 | ||||||||||
| a2b | Tax reclaimed | 17,633 | 17633 | |||||||||
| a2c | Church Grou s / Donations | 9389 | 9389 | 20357 | ||||||||
| a3 | TMCP and CFBinterest | 651 | 651 | 74T | ||||||||
| a4 | Lettin s | 51,453 | 51453 | 74,012 | ||||||||
| a5 | Otherreceipts | 160 | 160 | |||||||||
| a7 | TOTAL RECEIPTS | 122,080 | 122,090 | (a7) | 140,962 | |||||||
| SECTION B | ||||||||||||
| b1 | PAYMENTS | |||||||||||
| b2 | Circuit Assessment | 48 750 | 48750 | 74,357 | ||||||||
| b3 | Donations | 2510 | ||||||||||
| b4 | Re airs and Maintenance | 15718 | 15,T18 | 10,573 | ||||||||
| b5 | Caretakln, Utilities, |
Insurance | 43 168 | 43 168 | 54031 | |||||||
| b6 | Refurbishment/Ma'or | Items | 3995 | 3996 | 15,715 | |||||||
| bT | Other payments | 3,504 | 3,504 | 7,171 | ||||||||
| b8 | TOTAL PAYMENTS | 115,135 | 115,135 | (b9) | 164,357 | |||||||
| SECTION C | ||||||||||||
| NET RECEIPTS/PAYMENTS | ||||||||||||
| G1 | a7-b8 | 6955 | ||||||||||
| Total funds brought | forward | from | ||||||||||
| 02 | last year | 138885 | 2596 | 141481 | c6 | 164495 | ||||||
| c3 | Sub total | c1+c2 | 145 840 | 2596 | 148436 | 141,101 | ||||||
| c4 | Transfers and ad ustments | 370 | cT | 380 | ||||||||
| c5 | TOTAL FUNDS AT | END OF YEAR | (c3+c4) | 148,848 | 2,884 | ~(48,666 | ( 8( ( | (4148~((44) | ||||
| SECTION D | ||||||||||||
| FOR INFORMATION | ONLY: MONEY RECEIVED AND | PASSED ON TO EXTERNAL | ORGANISATIONS | |||||||||
| d | these amounts are not to |
be included | in total recei | / | ants fi urea | above | ||||||
| d1 | Balance brought forward from last year |
749 | 906 | |||||||||
| d2 | Offerin s/Gifts - received for external |
or | anisations | 4,377 | 5,866 | |||||||
| d3 | Offerings/Gifts -passed to external |
organisations | 4,334 | 5,117 | ||||||||
| d4 | BALANCE STILLTO BEPAID | (d1+d2-63) | 792 | 749 |
| RESERVESPOLICY as at 31 | August 2020 | |||
|---|---|---|---|---|
| g | ||||
| General funds held | 145,910 | |||
| Cash | ||||
| Bank current account | 55,239 | |||
| On deposit at CFB | 57,044 | |||
| Absolute discretion trusts held |
and managed | by TMCP | 32,726 | |
| Restricted funds held | 2,156 | |||
| Held on behalf ofthe Monday | Table Tennis | Club for future equipment | needs | 1,012 |
| Benevolent Fund | 1,144 |
| Endowment funds held |
|||
|---|---|---|---|
| In order to maintain and |
improve our Church and Mission | ||
| we are holding in reserve |
|||
| Circuit Assessment for 2020/21 |
81,250 | ||
| Approximately 6months running |
costs | 35,000 | |
| Refurbishment costs |
10,000 | ||
| Likely major refurbishments | over | the next 5years | 20,000 |