2023-08-31-accounts

at 31August 2023 can be further split as foll	ows:
General Fund Unrestricted	E530,143
District Advance Fund Unrestricted	E281,985
Designated Funds Unrestricted	E902,562
Restricted funds	E29,990
Total Unrestricted Funds	E1,744,680

		Note	General Fund (Unrestricted)	Distdct Advance Fund (Unrestricted)	Distdct Advance Fund (Unrestricted)	Designated Funds (Unrestricted)	Designated Funds (Unrestricted)	Funds (restricted)	Total 2023	Total 2022
			E		E
Income from
Donations &Legacies			1,620						1,620	6,345
Connexional Advance &Property	Fund				72,950				72,950	101,833
Income from Investments			1,494		15,897		21,310		38,701	9,670
Assessments on circuits			120,160						120,160	126,264
From Circuit Model Trust Funds				237,055					237,055	235,204
Contribution tothe mst ofthe Chair			45,826						45,826	42,741
Other Income			80,931					13,153	94,084	75,903
Total Income 8 Endowments			250,031	325,902			21,310	13,153	610,396	597,960
Expenditure on
Grants &donations			250		62,878	841,900		3,500	908,528	96,679
Salaries &Associated Costs			224,969						224,969	151,248
Cost ofthe Chair			45,826						45,826	42,741
Property Maintenance			74,600						74,600	46,057
Office Expenses			2,228						2,228	3,626
Synods, Committees &Conferences			3,985						3,985	7,167
Training										17,667
Other Outgoings			55,795		738		3,768		60,301	40,063
Total Expenditure			407,653		63,616	845,668		3,500	1,320,437	405,24$
Net (expenditure) / Income before gains / (losses)			(157,622)	262,286		($24,358)		9,653	(710,041)	192,712
Other Gains / (Lossesl
Net (expenditure) / Income			(157,622)	262,2$6		(824,358)		9,653	(710,041)	192,712
Tfr between funds			174,329	(64,882)		(129,784)		20,337
Net Moveinents in funds			16,707	197,404		(954,142)		29,990	(710,041)	192,712
Reconciliation ofFunds:
Total Funds brought forward			513,436		84,581	1,856,704			2,454,721	2,262,009
Total Funds Carried Forward			530,143	281,985		902,562		29,990	1,744,680	2/I54,721

		Nate	General Fund	Istrlct Advance Fund	esrgnate funds	Otherfunds	Total	Total
			(Unrestricted)	(Unrestricted)	(Unrestricted)	(Restricted)	2023	2022
				E	E	E		E
Tangible Nxed Assets
Manse and other property			425,000		535,000		960,000	960,000
Total Fixed Assets			425,000		535,000			960000
Current Assets
Debtors and Prepayments		10	15,841	1,870	2,056		19,767	11.274
Central Finance Board &Trustees for iVlethodist	Church
Purposes Deposits			82,528	425,573	365,506	29,990	903,597	1,656,497
Cash at Bank and in Hand			12,1$7				12,1$7	19$08
Total Currant Assets			110,556	427,443	367,562		935,551	1,687,579
Current Uabgities
Creditors and Accruals (due in under 1year)		11	5,413				79226	74715
Net current assets			105,143	353,630	367,562	29,990	656,325	1,612,864
Total assets less current gobllltles			530,143	353,630	902,562	29,990	1,$16,325	2,572 864
lang term liabgities
Creditors and Accruals (due aRer more than 1year)				71,645			71,645	118143
Net Assets			530,143	2$1,985	902,562	29,990	1,744,680	7.,454,721
Funds ofthe District
General Fund			530,143				530,143	513,436
District Advance Fund				281,985			281,985
Designated Funds					902362		902.562	1,856,704
Other Funds (restricted)						29,990	29,990
Total Unrestricted Funds			530,143	281,985	902A62	29,990	1,744,680	2,454,721
Total Funds			530,143	281,985	902,562	29,990	1,744,680	2A54 721

							Note		2023	2022
									E	E
Cash from operating activities								16	(799,222)	173,555
Cash flows from investing		activities
Interest received									38,701	9.670
flat cash provided	by investing activities								38,701	9,670
Change in cash and	cash	equivalents	in the reporting	period					(760,521	183,225
Cash and cash equivalents		at the beginning ofthe reporting			period				1,676,305	1,493080
Change in cash and	cash	equivalents	at the end ofthe	reporting		period		17	915,784	1,676,305

			2023	2022
General Fund
Rental Income	- Rivergreen		9,239	6,635
Deputy Chair's	Stipend repayment	from MCH	37,827	16,729
Grant income	-Action on Poverty	&fustice		13,337
Grant income	- NPNP from Connexion			10,000
Grant income	- Our Calling			18,603
Derby Circuit			27,253	8,876
Other			6,612	1.723
			80,931	75,903
Restricted Fund
Grant income	-Action on Poverty	&Justice	13,153
			94,084	75,903

				2023	2022
				E	6
General	Fund			250	1,100
District	Advance		Fund	62,878	95,579
Designated		Funds		841,900
Restricted				3,500
				908,528	96,679

								2023	2022
								f	f
Salaries, stipends and		allowances					178,047		123,681
Employer's	National	Insurance		Contributions				15,086	9,443
Employer's	pension contributions							30,926	17,419
Other								910	705
Total Staff Costs							224,969		151,248
The average	monthly	number		of	employees	during the year was 5(2022:5).The district also bears the stipend cast o
3(2022:2)ministers.
Na employees received			employee		benefits	that totalled more than	f60,000.
Cost ofChair
The stipend,	employer's		NIC and		employer's	pension contributions	ofthe Chair of District	are paid by the Methodist
Connexion.
								2023	2022
								f	E
Stipend and	allowances							33,660	32,451
Employer's	National	Insurance		Contributions				3,4&0	3,343
Employer's	pension contributions							7,243	6,947
Other								1,443
								45,826	42,741

			2023	2022
General Fund
Professional Fees			7,960	7,064
Safeguarding			3,341	2,512
ITSupport &Computer		Costs	7,700	8,562
3Generate			5,570	2,700
Travel gr other expenses			4,052	5,874
Chair (cover)			18,000
Synod costs			3,914
Sundry Outgoings			5,258	9,147
			55,795	35,859
District Advance	Fund
TMCP Charges			738	847
Designated Funds
TMCP Charges			3,768	3,357
Total Cost			60,301	40,063

Tangible Fixed Assets
	Manse	Other Property	Total
At valuation
At 1September 2022 and 31August 2023	535,000	425,000		960,000
Depreciation
Charge forthe year
Net gook Value
At 31August 2022 and 31August 2023	535,000	425,000		960,000

Debtors
		2023	2022
General Fund
Prepayments and	arcrued income	15,841	11,274
District Advance	Fund
Other debtor		1,870
Designated Funds
Other debtor		2,056
Total		19,767	11,274

			2023	2022
Amounts	due within 1year
General	fund
Accruals	and deferred income		5,413	18,578
District Advance		Fund
Grants payable			73,813	56,137
			79,226	74,715
Amounts	due after more than 1year
District Advance		Fund
Grants payable			71,645	118,143
			71,645	118,143

		Brought				Gains/	Carried
2023		Forward	Income	Expenditure	Transfer	(losses)	Forward
						E	E
Unrestricted funds
GeneralFund		513,436	250,031	(407,653)	174,329		530,143
District Advance	Fund	84,581	325902	(63,616)	(64,882)		281,985
Designated funds
Manse fund		535,000					535,000
Mission fund		460,734	15,224	(4,058)	(104,338)		367,562
Lower Parliament	Street	637,987	3,039	(639,208)	(1,818)
Alfreton Watchorn		218,219	3,024	(202,402)	(18,841)
Moorwood Moor		4,724	23		(4,747)
Eskdale Drive		40			(40)
		1,856,704	21,310	(845,668)	(129,784)		902,562
Restricted funds
New Places for New People					6,500		6,500
Methodist Action	on		13,153	(3,500)	13,837		23,490
Poverty grJustice
			13,153	(3,500)	20,337		29,990
Total		2,454,721	610,396	(1,320,437)			1,744,680
		Brought				Gains/	Carried
2022		Forward	income	Expenditure	Transfer	(losses)	Forward
					E	E
Unrestricted funds
GeneralFund		607,326	251,413	(305,465)	(39,838)		513,436
District Advance	Fund	127,830	339,965	(96,426)	(286,788)		84,581
Designated funds
Manse fund		535,000					535,000
Mission fund		132,465	5,000	(3,357)	326,626		460,734
Lower Parliament	Street	636,813	1,174				637,987
Alfreton		217,820	399				218,219
Moorwood Moor		4,715	9				4,724
Eskdale Drive		40					40
Restricted funds		1,526,853	6,582	(3,357)	326,626	—	1,856,704
Total		2,262,009	597,960	(405,248)			2,454,721

	General	District	Designated	Restricted	Total
	Fund	Advance	Funds	Funds
2023		Fund
Fixed assets	425,000		535,000		960,000
Cash and current investments	94,715	425,573	365,506	29,990	915,784
Other current assets/(liabilities)	10,428	(71,943)	2,056		(59,459)
Creditors more than one year		(71,645)			(71,645)
Total	530,143	281,985	902,562	29,990	1,744,680

	General	District	Designated	Restricted	Total
	Fund	Advance	Funds	Funds
2022		Fund
Fixed assets	425,000		535,000		960,000
Cash and current investments	95,740	258,861	1,321,704		1,676,305
Other current assets/(liabilities)	(7,304)	(56,137)			(63,441)
Creditors more than one year		(118,143)			(118,143)
Total	513,436	84,581	1,856,704		2,454,721

Reconciliation of	net	income tonet cash from operating	activities
			2023	2022
Net (expenditure) /	income		(710,041)	192,712
Adjustments for:
Interest received			(38,701)	(9,670)
(Increase)/ decrease	in debtors		(8,493)	170,190
(Decrease) in creditors			(41,987)	(179,677)
Net flow from operating		activities	(799,222)	173,555

Analysis ofcash and cash equivalents
	2023	2022
	E	E
Cash at bank and in hand	12,187	19,808
Investments treated as cash	903,597	1,656,497
Total Cash and Cash equivalents	915,784	1,676,305