##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||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||
##