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|General<br>Fund Unrestricted|General<br>Fund Unrestricted|61,187,346|
|---|---|---|
|District Advance|Fund Unrestricted|6 323,020|
|Designated<br>Funds|Unrestricted|1 515118|
|Total Unrestricted|Funds|j2,025,584|



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OUT (￿￿ChVe5 are to obtsin r88sYPb￿ 8syjran￿ aLx)Jt finaTKial stat8mentsas a ¥thok are freefrom
matthJ mis8t*menL wl*ther (lJetofr8ud orerror, a￿1 to issue 8n 8uditc<$ rep(xtlhat I￿JudeS ouropinion.
Reas(KBtle assuranTr isa h¥Jh tevel of as9Jrance, buiis nota guarantse trat an a￿lt (x1nd￿￿ed in accordan￿ wi
ISAS IUKI will always detect a material rnisstaternent when it exsts. Mi88tatementsc8n from fraud or ￿ra￿l are
)nskI8r&l rrAterial rf, iThJiwdually Cf in aggregate, they COU￿ reagjnabfy be expected to the
decisicns ofusers takgn on Ihe bass ofth8se finanoaj #al￿nents.
A￿rlherd9tyn ofour r85wnsitm.liw f¢xlhe 8uthtofts st8t￿￿ on FnarKial RwrtsrvJ
councAls￿￿&te at.. hitF6jlwwd.frc.￿Q.uklOur-woth}￿th￿Audrt.an&aSSUra￿as￿￿da￿5-and￿lll￿8rtc*Ists1yIa
an&oUKJanCe-for-￿(IltorsIA￿drt0r>reSpM￿b￿￿tr-8Ud￿￿￿￿0rN)f-a￿llOrS-reSpOnSIbl1fOe￿fQr￿UdLaspx. This
de￿ptK￿ part Ofoura￿l￿)rfs r4yNL
Usè 0f￿r rewl
This reportis mad8 80￿￿t￿ thè d)8riWstnJstses, asa iK)dy, in a¢xxYdancé %%ith Part4 oflhe CharTbeslknounts arKI
Rewrt51 Regu18tK)ns2Q08, (kn a￿TtWork has been undert*n that we mightstats lo Ihé charitys tNsteesth)se
rnatt￿5 we are required to stste tothem in an audth)rfs reportand forTh) other purpose. To the ful￿8¢ 8xtent ￿rmitted by
km, nota(zwtora5sume to anwe olhcrthan ts thtyand tr£ d)aiiWs tru*ees as a tr*)Jy. fDr
ourauditrf frjrthis rewrt, ryf¢xthe ￿rIanS￿e havefcmwd.
Li
ChristcpherHddwBA BFP FCA ISenhxStatuioryAurknrl
Gregors CO￿rate
Chartered Aco)untsnis and StatuioryAud
r2 Mansfidd Surte Q-3
Hamimon C(ut
Oakham Busness Park
Mansfidd
Notbnghamshir8
NG18 5FB
McGrwrt c￿late is ￿￿1￿￿et0 adas audtorSn terms ofsth 1212 ofthe Act2006.

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||||Notes to<br>the<br>accounts|General Fund<br>(Unrestricted)|District<br>Advance<br>Fund<br>(Unrestricted)|District<br>Advance<br>Fund<br>(Unrestricted)|Designated<br>Funds<br>(Unrestricted)|OtherFunds<br>(Restdicted)|Total<br>2019.20|Total<br>2018-19|
|---|---|---|---|---|---|---|---|---|---|---|
|income and Endowments|from:||||||||||
|Donabons<br>and legames|||||||||||
|Connexial Advance<br>&Properly||Fund||||51,542|||51,542|75,293|
|Income from Investmenis||||628||3.521|2,463||6,612|5 715|
|Income from charitable|activities||||||||||
|Assessments<br>on circuits||||101,418|||||101,418|113,794|
|From Circuit Model Trust Funds|||||184,149||||184,149|150,877|
|Contnbution<br>to the cost|of the|Chair||34,649|||||34,649|41,342|
|Other Income||||1,019,846|||222,843||1,242,689|23,342|
|Total Income and endowments||||1,156,541|239,212||225,306||1,621,059|410,363|
|Expenditure<br>on.'|||||||||||
|Grants and donations||||437||207,400|3,629||211,466|251,615|
|Salaries and associated costs||||167,328|||||167.325|110,116|
|Cost ofthe Chair||||34,649|||||34,649|41 342|
|Property maintenance||||15,601|||||15,801|16,088|
|Office expenses||||5.541|||||5,541|3,235|
|Synods, committees,<br>Conference|||10|18.547|||||18,547|32,213|
|Other outgoings||||40,536||733|216||41,485|29,978|
|Total expenditure||||282.839|208,133||3.845||494,817|484,587|
|Net incomel(expenditure)||||873,702||31,079|221,461||1,126,242|(74.224)|
|Transfers<br>between funds|||13|215,277|(74,500)||(140,777)||||
|Net movement<br>in funds||||1,066,979|43,421)||80.684||1,126,242|(74,224)|
|Reconcgiation<br>offunds:|||||||||||
|Total funds<br>brought<br>forward||||96,367||366,441|434,534||899,342|973,566|
|Total funds carried forward||||1,187.346|323,020||515,218||2,025,584|899,342|





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||||General Fund|District|District|Designated|Total|Total|
|---|---|---|---|---|---|---|---|---|
|||N~t~~|(Unrestricted)|Advance|Fund|Funds|2020|2019|
|||||(Unrestricted)||(Unrestricted)|||
|Tan<br>ibis Fixed Assets|||||||||
|Manse and other property||14|1,149,539|||312,250|1,461,789|312,250|
|Total bxed assets|||1,149,539|||312,250|1,461,789|312,250|
|Current Assets|||||||||
|Debtors and Prepayments||15|5,783||||5,783|7,402|
|Central Finance Board and|Trustees||||||||
|for Methodist<br>Church Purposes|||||||||
|Deposits etc||17|9,501|323,020||202,966|535,489|704,386|
|Cash at Bank and<br>in hand||17|69,954||||69,954|17,653|
|Total current assets|||||||, 26|729,441|
|Current liabilities|||||||||
|Creditors<br>and Accruals (due in under||18|||||||
|1<br>ear|||47431||||47431|142,349|
|Net current (liabilities)/assets|||37,807|323,020||202,968|563,795|587,092|
|Total assets less current|llabllltles||1,187,346|323,020||515,218|2,025,584|899,342|
|Net assets|||1,187,346|323,020||515,218|2,025,584|899,342|
|Funds ofthe District|||||||||
|General<br>Fund (Unrestricted)||22|1,187,346||||1,167,346|98,367|
|District Advance<br>Fund (Unrestricted)||22|||||||
|||||323,020|||323,020|366,441|
|Designated<br>Funds (Unrestricted)||22||||515,218|515,218|434,534|
|Total unrestricted<br>funds|||1,187,346|323,020||515,218|2,025,584|899,342|
|Total Funds|||1,187,346|323,020||515,218|2,025,584|899,342|





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||||||||2020|2019|
|---|---|---|---|---|---|---|---|---|
|Statement ofcash flows||||||Note|||
|Cash from operating<br>activities<br>Net cash used in operating<br>activities||||||25|58. 30|~(l5.811)|
|Cash flows from investing|activities||||||||
|Dividends, interest and rents|from investments||||||6,612|5,715|
|Purchase of property, plant and equipment|||||||(181,338)||
|Net cash provided<br>by investing<br>activities|||||||(174,726)|5,715|
|Change<br>in cash and cash|equivalents|in the reporting||period|||(116,596)|(40,096)|
|Cash and cash equivalents|atthe beginning||ofthe reporting||period||722,039|762,135|
|Cash and cash equivalents|atthe end|ofthe reporting||period||29|605,443|722,039|





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|Given to|Amount|in 8|Analysis ofamounts|Amount|in 8|
|---|---|---|---|---|---|
||||given by type ofwork|||
|Churches||97,666|Projects||29,000|
|Circuits||15,664|Ministry||177,596|
|Other||94,070|General||75,304|
|Institutions||207,400||||
|Individuals||||||
|Sub total||207,400||||
|District||74,500||||
|Total||281,900|||281,900|





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|Salaries and a|sso|ciated costs|ciated costs|ciated costs|||||
|---|---|---|---|---|---|---|---|---|
|Gross salaries<br>paid|to 9|(2018-19- 5 employees|||were|as follows:|||
||||||||2019-20|2018-19|
|Gross pay|||||||137,902|88,295|
|Employer's<br>National|Insurance||contribution||||12,049|7,405|
|Employer's<br>pension|contribution||to defined|contribution||scheme|16,659|13,330|
|Apprenticeship<br>Levy|||||||718|1,086|
|Total cost for|||||||167,328|110,116|
|Total staff costs|||||||167,328|110,116|
|Total weekly contractual||hours|of Staff members||||169|136|



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||||||2019-20||2018-19|
|---|---|---|---|---|---|---|---|
||||||f|||
|Stipend to|Chair|||||24,852|30,210|
|Employer's|National|Insurance|Contribution|||3,112|3,006|
|Employer's|pension|contribution|to the defined|benefit scheme||6,685|8,126|
|Cash cost|paid by the Connexion|||||34,649|41,342|
|Chair's expenses||||||7,882|6,821|
|Total cost||||||42,531|48,163|



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||||||FOR|THE YEAR ENDE|D 31AUGUST 2020||||
|---|---|---|---|---|---|---|---|---|---|---|
|9|Office||ex|nses|General|fund|||||
||||||||2019-20||2018-19||
||||||||E||E||
||Printing|8|Stationery|||||5,541||3,235|
||Total|||||||5,541||3,235|



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|||||||2019-20|2019-20|2018-19|
|---|---|---|---|---|---|---|---|---|
|||||||||E|
|Synods|||||||2,499|3,097|
|Conference|||||||10|692|
|Committees|||||||8,734|15,103|
|Chair's travel|||||||7,304|6,821|
|Deputy Chairs||||||||6,500|
|Total|||||||18,547|32,213|
|None ofthe|remaining||individual|amounts|(aggregated|as 'Other' above) are considered|material<br>and none are listed||
|separately|||||||||
|Otherout|oin s||||||||
|||||||2019-20||2018-19|
||||||||E|E|
|General Fund|||||||||
|Professional|fees||||||4,680|1,760|
|Presbyter<br>&|Probationer||Training||||13,300|3,490|
|Safeguarding|||||||12,994|16,931|
|3Generate|||||||1,560|4,336|
|Computer costs|||||||5,547|2,244|
|Sundry outgoings|||||||2,455|79|
|Total General Fund outgoings|||||||40,536|28,840|
|District Advance||Fund|||||||
|TMCP charges|||||||733|824|
|Designated|Funds||||||||
|TMCP charges|||||||216|314|
|Total|||||||41,485|29,978|



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||Buildings|Total|
|---|---|---|
||E||
|Cost orValuation|||
|At 1 September 2019|312,250|312,250|
|Additions|1,149,539|1,149,539|
|At 30Au ust 2020|1,461,789|1,461,789|





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|FOR THE YEAR ENDE<br> Creditors and accrued expenses|D 31AUGUS T2020|||
|---|---|---|---|
||2019-20||2018-19|
|Creditors:||||
|Expenses Outstanding||717|4,629|
|Independent<br>examinations|||1,700|
|Audit fee||4,700||
|LP Traing paid in Advance||3,483|3,483|
|Our Calling Grant||37,191|21,540|
|carried forward||||
|Donation<br>Still to be paid||42|42|
|Queens<br>Hall Mission sale funds owed|||100,266|
|Total creditors||46,133|131,660|
|Accruale:||||
|PAYE, Nl and Pensions contributions||||
|General||1,298|10,689|
|Total accrue/s||1,298|10,689|
|Total ofcreditors and accrued expenses||47,431|142,349|



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||||2019-20|2018-19|
|---|---|---|---|---|
|Net income|for the reporting<br>period (as per||||
|Statement|of Financial|Activities)|1,126,242|P4,224)|
|Adjustments<br>for:|||||
|Dividends,|interest and rents from investments||(6,612)|(5,715)|
|Rivergreen|Methodist|Hub gifted to the District|(968,201)||
|(increase)/decrease<br>in||debtors|1,619|15,045|
|increase/(decrease)<br>in||creditors|(94,918)|19,083|
|Net cash used in operating<br>activities|||58,130|(45,811)|
|Analysis|ofcash and cash equivalent||||
||||2,020|2,019|
|Cash<br>in hand|||69,954|17,653|
|Investments|treated as cash||535,489|704,386|
|Total cash|and cash|equivalents|665,443|722,039|



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