2022-08-31-accounts - Upper Thames Methodist Circuit

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Ministers	and officers
Active	Circuit Ministers	Rev Shirlyn Toppin (Superintendent)
		Rev Clive Deverell
		Rev Sarah Simpson
Circuit	Lay Employees	Mr. Simon Wills (to Sept 24 2021)
Circuit	Stewards	Mrs Jane Phoenix-Stone
		Mr Mike Ostime (Treasurer)
		Mrs Sheila Knowles
circuit	Propertv secretarv	Mr Robin Phoenix-stone

			Notes to		Circuit Model	Designated
			the	General Fund	Trust	Funds	Restricted	Endowment	Total
			accounts	(Unrestricted)	(Unrestricted)	(unrestricted)	Funds	Funds	2021-22
						K	E		5
income
I Donations and legacies				880					880
2 Income from monetary investments				469	864				1,333
3 Income from investment	properties								0
4 Assessments on Churches				129,350					129,350
5 Capital Receipts									0
6 Grants received									0
7 Other charitable income				13,382					13,382
8Total income				144,081	864				144,945
Expenditure
9 Grants and donations				12,100					12,100
10Salaries and associated	costs			84,077					84,077
11Property maintenance				8,029					8,029
12Connexlonal assessment	&	model trust	levy						0
13District Assessment &Levy				35,220	7,047				42,267
14Depreciation									0
15Office expenses				1,568					1,568
15Other outgoings				18,063					18,607
17Total charitable expenditure				159,057	7,591				166,648
18Gains/(losses) on monetary		investments			1,156				-1,156
19Gains/(losses) on properties				196,213					196,213
20 Net income/(expenditure)				181,237	-7,883				173,354
21 Transfers between funds									0
22 Other gains/(losses)
23 Net movement In funds				181,237	-7,883				173,354
24 Total funds brought forward				1,283,534	199,039				1,482,573
25 Total funds carried forward				1,464,771	191,156				1,655.927

			Notes to		Circuit Model	Circuit Model	Designated
			the	General Fund		Trust	Funds		Restricted	Endowment		Total
			accounts	(Unrestricted)	(Unrestricted)		(unrestricted)		Funds	Funds		2020-21
				E					E.	E		E
income
1 Donat/ons and legacies				30,412								30,412
2 Income from moneta/7 investments				5D		180						230
3 Income from investment	properties											0
4 Assessments on Churches				135,864								135,864
5 Capital Receipts						218,570						218,570
0 Grants received									3,000			3,000
7 Other chwitable income				11,571								11,571
8Total income				177,897		218,750			3,000			399,647
Expenditure
9 Grants and donations				3,130								3,130
10Salaries and associated	costs			122,876					3,000			125,876
11Property maintenance				15,529								15,529
12 Connexional assessment	&model trust		levy									D
13District Assessment 8 Levy				34,464		68,832						103,296
14Depreciation												0
15Office expenses				1,295								1,295
16Other outgoings				33,758		146						33,904
17Total charitable expenditure				211,052		68,978		0	3,000		0	283,030
18Gains/(losses) on monetary		investments										0
19Gains/(losses) on properties				84,004								84,004
20 Net income/(expenditure)				50,849		149,772						200,621
21 Transfers between funds				15,000-		15,000						0
22 Other gains/(losses)
23 Net movement in funds				es,e49		134,772					0	200,621
24 Total funds brought forward				1,217,685		64,267						1,281,952
25Total funds carried forward				1,283,534		199,039						1,482,573

					General Fund	Clrcub Model	Clrcub Model	Oesi9nated		Restricted		Endowment		Totals	Totals
					(Unrestricted)	Trusts		Funds		Furies		Funds		2021I22	2020I21
				notes to the		IUnrestncted)		(Unrestrlctedi
				Accounts				5
Fixed Assets
Circuit Menses tt Equipment					1,268,361									1,208,361	1,072,148
Invastm nt properties														0
investments
Total	tfxed assets				1,26tl,361			0	0		0		0	1,268,361	1,072,149
Currant Assets
Oebtors					7,074									7,074	0,802
Loalis by the Circiiit															2,500
Investments with TMCP							8,034							0,934	8,089
TMCP						184,222								184,222	10II,947
Central Finance Board Deposits					'f48,602									148,682	63,842
Cash at Bank end in hend					44,124									44,124	136,855
Total curmnt assam					107,880	191,156								309,016	411,825
Currant KabEldes
Creditors (dus In under 1 year)					1,450									1,450	1,400
Grants payable within 2016-19
Totofcurmnt		lfabgluas			1,450									1,450	1,400
Nel currenr assetc/lfebffftiss					196,410	191,158								3$7,566	410,425
Total assets less eumrnl		gablfltlas			1,404,771	101,150			0		0		0	1,655,027	1,402,573
Long term liabilities
(due after more than one year)
Grants payable after 2018-19
Loans to the Grcvit
	Net asseis				1,464,771	101,156							0	1,655,927	1,482,573
Funds ofthe Circuit
General Fund (Unrestricted)					1,464,771									1,464,77'I	1,283,537
Cacuit Model Trust Fund (Unreslncted)						tgi,156								101,156	'I09,036
Oesignatsd Funds (Unrestdctad)														0
Torsi Unresfrictsd			Funds											1,868,927	1,402,573
Restricted Funds											0			0
Endowment Funds
	To is	I Funda			1,464,771	191,156			0		0		0	1,055,927	1,402,573
						Signed
						Circuit	Treasurer

Trustee expenses Number ofTrustees Total amount	2021/22e 2 R4,607	2020/21e 2 E2,596

s for examination or audit of	the	ac	counts
					2021/22	2020/21
					F
Independent examiner's or auditors'	fees for reporting			on the accounts	1,300	1,200
Other fees (e.g.:advice, accountancy		services) paid to the
independent examiner or auditor					NIL	NIL
d employees
Staff Costs paid during the year	were:				2021/22	2020/21
Gross wages, salaries and benefits	in kind				64,691	108,575
Employer's National Insurance costs					5,464	8,994
Pension costs					13,922	16,281
Total staff costs					84,077	133,850
Average number offull-time equivalent were:			employees	in the year	C7	M

Restricted	Fund	Opening	Incoming	Resources	Transfers	Closing	Purpose	ofthe
Name		Balance	Resources	Expended		Balance	fund
	Totals