2020-08-31-accounts

				Unrestricted	Unrestricted	Restricted	Endowment	Total	Total
				General Fund	Grcuit	Funds	Funds	2019-20	2018-19
					Model Trust
Incoming resources
Income from:
1 Donations, grants and legacies						130		130	0
2 Charitable activities	—assessments			188,000				188,000	188,000
3 Investments				466	2,397	108	324	3,295	4,005
4 Separate material items ofincome				14,627				14,627	13,587
5 Other charitable income								0	631
6 Total income				203,093	2,397	238	324	206,052	206,223
Resources expended
Expenditure on:
7 Grants and donations			7	3,000	59,493			62,493	16,391
8 Salaries and associated costs			8	136,843				136,843	97,988
9 Property costs			9	30,406				30,406	48,689
10 Office expenses			10	1,353				1,353	2,095
11District Assessment	and levy		11	48,275	16,971			65,246	66,040
12 Other outgoings			12	10,690	686		71	11,496	12,802
13Total charitable expenditure				230,567	77,150	49	71	307,837	244,005
Net income/{expenditure)		before
14 investment gains/losses				(27,474)	(74,753)	189	253	(101,785)	(37,782)
15 Gains on monetary	investments						(14)	{14)	58
16 Net income/(expenditure)				(27,474)	(74,753)		239	(101,799)	(37,724}
17 Extraordinary items			13					0	0
18Transfers between	funds			51,070	(50,748)	(69)	{253)	0	0
19 Net movements in	funds			23,596	(125,501)	120	(14)	(101,799)	(37,724)
20 Total funds brought	forward			1,597,541	342,941	13,893	36,283	1,990,658	2,028,382
21Total funds carried	forward			1,621,137	217,440	14,013	36,269	1,888459	1,990,658

					notes	Unrestricted	Unrestricted	Restricted	Endowment	Total	Total
						General Fund	Grcuit	Funds	Funds		2019
							ModelTrust
Fixed Assets
1 Tangible Assets —Circuit			M	anses	14	1,505,038				1,505,038	1,505,038
2 Investments					15				1,982	1,982	1,996
3				Totalfixed assets		1,505,038	0	0	1,982	1,507420	1,507,034
Current Assets
5 Debtors					16	45,903				45,903	37,218
6 Loans by the	Circuit				17	7,600				7,600	0
7 Investments	with TMCP				18		217,440	12,619	33,437	263,496	388,983
8 Investments	with MCA				19				850	850	850
10 CFBDeposits					19	67,816				67,816	91,829
11Cash at bank	and in	hand			20	60,174		1,394		61,568	9,934
12			Total current assets			181,493	217,440	14,013	34,2S7	447,233	528414
Current Liabilities
13Creditors (due in under 1year)					21	65,394				65,394	45,190
14		Total		current liabilities		65,394	0	0	0	65,394	45,190
15	Net	current		assets/liabilities		116,099	217,440	14,013	34,2&7	3S1,839	483,624
16 Total assets less				current liabilities		1,621,137	217,440	14,013	36,269	1,888,859	1,990,658
Long Term Liabilities (due after 1year)
17				Net assets		1,621,137	217r440	14,013	36,269	12RRI,859	1,990,658
Funds ofthe Circuit
18 General Fund	(Unrestdcted)				23.1	1,621,137				1,621,137	1,597,541
19 Circuit Model 20	Trust	Fund (Unrestricted) Total unrestricted funds			23.2		217,440			217,440 1~,577	342,941 1,940,482
21 Restdcted Funds					24			14,013		14,013	13,893
22 Endowment	Funds				24				36,269	36,269	36,283
23				Total Funds		1,621,137	217,440	14,013	36,269	1,888,859	1,990,658

Note 7:Grants and donations	Note 7:Grants and donations
During the year, grants and donations		were made as follows:	2019-20	2018-19
Bampton	Methodist Church			6,643
	-towards the costofreplacing	heating systems
Charlbury	Methodist Church (a listed building)			8,748
	—towards the cost ofrepairing	listed windows
Minster	Lovell Methodist Church		2,000
	—towards the costoftheir ministry project
High St. Methodist Church, Witney			59,493
	—towards phase 1oftheir refurbishment
The Fund for the Support ofPresbyters		&Deacons (ann. donation)	500	500
The Methodist Fund for Property (ann. donation)			500	500
Total			662,493	616,391

Note 1	6:Debtors
Debtors	and prepayments	are all in connection	with the Unrestricted	General Fund, and a summary	follows:
				2020	2019
Debtors				1,200	1,313
P repayments
	Stipends, pensions,	Nl		12,091	9,174
	Utilities			4,309	2,601
Total	Other prepayments			28,303 f45,903	24,130 f37,218

agreed repayment	date (ifset) is shown	in the table	below.
Church	Date granted	Amount	Period	Balance	Additions	Repaid	Balance
				brought		in year	carried
				forward			forward
8urford	Apr-2020	open	open		2,692		2,692
Stonesfield Totals	Nov-2019	open	open	fO	4,908 f7,600	fO	4,908 E7,600

month (see also N		ote 15abo	ve).
				2020			2019
			Unrestricted	Restricted	Endowm't	Total
			CMTFund	Funds	Funds
Circuit Model Trust		Fund	217,440			217,440	342,941
Toogood Memorial		Fund		2,119		2,119	2,105
Pocock Bequest				10,000		10,000	10,000
Willmer Bequest				500		500	500
Model Trust Bequests 1					31,059	31,059	31,059
Model Trust Bequests 2 Total			f217,440	f12,619	2,378 f33,437	2,378 E263,496	2,378 f388,983
Note 19:Cash on		De osit
				2020			2019
			Unrestricted	Restricted	Endo wm't	Total
			General Fund	Funds	Funds
CFBDeposit account			67,816			67,816	91,829
MCA Deposit accounts:
Early Legacy 1					250	250	250
Early Legacy 2 Total			E67,816		600 850	600 F68,666	600 f92,679
Note 20:Cash at	bank and		in hand
				2020			2019
			Unrestricted	Restricted	Endowm't	Total
			General Fund	Funds	Funds
HSBC Bank, Witney
General Fund			60,174			60,174	8,646
Local Preachers Total	Fund		f60,174	1,394 E1,394		1,394 E61,568	1,288 f9,934

Note 25:Summa o	f Fund Move	me	nts	nts
Fund	Balance at		Income		Expenditure	Transfers	Extraordinary	Gains/	Balance at
	01/09/2019						Items	Looms	31/08/2020
	E			E	E	E	E	E	E
General	1,597,541		203,093		(230,567)	51,070			1,621,137
Circuit Model Trust	342,941			2,397	P7,150)	(50,748)			217,440
Total unrestricted	1,940,482		205,490		(307,717)	322			1,838,577
Local Preachers Fund	1,288			130	(24)				1,394
Toogood Memorial	2,105			18	(4)				2,119
J Pocock Bequest	10,000			86	(20)	(66)			10,000
R N Wlllmer Bequest	500			4	(1)	(3)			500
Total restricted	13493			238	(49)	(69)			14,013
JV Early Legacy 1	250			2		(2)			250
JV Early Legacy 2	600			5		(5)			600
Model Trust Bequests 1	32,452			285	(65)	(220)		(3)	32,449
Mr gr Mrs Tarrent Gift	603			12	(1)	(11)		(11)	592
Model Trust Bequests 2	2,378			20	(5)	(15)			2,378
Total Endowment	36,283			324	(71)	(253)		(14)	36469
Total ofall funds	1,990,658		206,052		(307,837)			(14)	LJBI8,859
Note 2eu Anal sis of	Assets between		Funds
Fund balances at31August are represented				by:
	General		CMT		Restdcted	Endowm't	Total		2019
T anglble fixed assets	1,505,038						1,505,038	1,505,038
Fixed asset investments						1,982	1,982		1,996
Current asset investments		217,440			12,619	34,287	264,346	389,833
Other current assets	181,493				1,394		182,887	138,981
Current liabilities	(65,394)						(65,394)	(45,190)
	1,621,137	217,440			14,013	36,269	1,888JI59	1,990,658