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|||Page|
|---|---|---|
|Charity<br>information|||
|Report ofthe Trustees|||
|Independent<br>Auditor's|Report||
|Statement<br>of Financial|Activities||
|Balance Sheet||12|
|Statement<br>of Cash Flows|||
|Notes to the Financial|Statements.|...14|





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|Circuit stewards:|Circuit stewards:|Mrs V Brook|||||
|---|---|---|---|---|---|---|
|||Mr P Finneran|||||
|||Mr B.3ohnson|(from|3une 2022)|||
|||Mrs 3 Kershaw|||||
|||Mr D Lane|||||
|||Mr I Pattison|||||
|||Mr 3M Roberts|||||
|||Mrs D Storey|(resigned<br>March 2022)||||
|Bankers:||Virgin<br>Money<br>6-10 North gate|||||
|||Wakefield|||||
|||WF1 1TA|||||
|Investment|Managers:|Central<br>Finance <br>9 Bonhill Street|Board|ofthe|Methodist|Church|
|||London|||||
|||EC2A 4PE|||||
|||Trustees for Methodist<br>Central<br>Buildings||Church|Purposes||
|||Oldham<br>Street|||||
|||Manchester|||||
|||Ml 13D|||||
|Auditor:||Azets Audit Services Limited|||||
|||33 Park Place|||||
|||Leeds|||||
|||LS1 2RY|||||





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|||||Unrestricted|Restricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||Note|funds|Funds|Funds|2022|2021|
||||||E||E|E|
|Income and endowments||from:|||||||
|Donations<br>—assessment|or|share||616,812|100||616,912|628,180|
|Charitable<br>activities||||213,848|15,500||229,348|215,755|
|Other trading<br>activities||||23,950|||23,950|11,450|
|Investments||||2,839|30|6,102|8,971|5,355|
|Other income||||13,305|||13,305|3,947|
|Total income and endowments||||870 754|15630|6 102|892 486|864 687|
|Expenditure<br>on:|||||||||
|Charitable<br>Activities||||895,366|14,686|4,515|914,567|922,618|
|Total ex enditure||||895 366|14686|4 515|914567|922 618|
|Net (expenditure)/income<br>other recognised<br>gains||before||(24,612)|944|1,587|(22,081)|(57,931)|
|Gains on disposal<br>of fixed|assets|||65,010|||65,010|23,656|
|Realised and unrealised<br>(losses) / gains on|||||||||
|investments|||||(65)|(15,793)|(15,858)|39,153|
|Transfers<br>between<br>funds||||1,623|(36)|(1,587)|||
|Net movement<br>in funds||||42 021|843|15793|27 071|4 878|
|Reconciliation<br>offunds:|||||||||
|Funds brou<br>ht forward|||1314|3 283 288|2 847|251 390|3 537 525|3 532 647|
|Funds carried forward|||13,14|3,325,309|3,690|235,597|3,564,596|3,537,525|





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|||Unrestricted|Restricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|
||Note|funds|funds|funds|2022|2021|
|||f|E|E|||
|Fixed Assets|||||||
|Tangible assets|8|2,584,699||—|2,584,699|2,753,299|
|Investments|9|||235,597|235,597|251,390|
|Long term Loans|10|12,237|||12,237|5,000|
|||2,596,936||235,597|2,832,533|3,009,689|
|Current Assets|||||||
|Debtors||40,748|||40,748|34,041|
|Short term cash investments||782,496|3,690||786,186|585,294|
|Cash at Bank||22,958|||22,958|18,153|
|||846,202|3,690||849,892|637,488|
|Creditors<br>—Due within one<br>year||(117,829)||-|(117,829)|(109,652)|
|Net Current Assets||728 373|3 690||732 063|527 836|
|Total Net Assets|1314|3 325 309|3 690|235 597|3 564 596|3 537 525|
|Funds ofthe Circuit:|||||||
|Unrestricted<br>funds|13,14|3,325,309|||3,325,309|3,283,288|
|Restricted<br>funds|13,14||3,690||3,690|2,847|
|Endowment<br>funds|13,14|||235,597|235,597|251,390|
|Total Funds|13 14|3 325 309|3 690|235 597|3 564 596|3 537 525|





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|||Note|2022|2021|
|---|---|---|---|---|
|Cash flows from operating<br>activities:|||||
|Net cash used<br>in operating<br>activities||19|(36,184)|(51,515)|
|Cash flows from investing<br>activities:|||||
|Investment<br>income received<br>Purchase<br>of fixed assets<br>Proceeds from sale offixed assets<br>Net cash provided<br>by investing<br>activities|||8,971<br>(2,100)<br>235,010<br>241,881|5,355<br>223,656<br>229,011|
|Change<br>in cash and cash equivalents<br>in the year<br>Cash and cash equivalents<br>at the beginning<br>ofthe year<br>Cash and cash equivalents<br>at the end ofthe year|||205,697<br>603,447<br>809,144|177,496<br>425,951<br>603,447|
|Cash and cash equivalents<br>include:|||||
|Short term cash investments<br>Cash at bank<br>Total|||786,186<br>22,958<br>809,144|585,294<br>18,153<br>603,447|





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|||||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||Totalf|Totalf|
|Transfer from Circuit Churches||||||||||213,848|199,255|
|District grants||||||||||15 500|16500|
|||||||||||229,348|215,755|
|4.<br>Total Expenditure||||||||||||
|||||||||||2022|2021|
|||||||||||Totalf|Totalf|
|Costs directly|allocated|||to charitable|||activities:|||||
|Stipends,<br>salaries,||National||Insurance||and pension costs (note|||5)|414,280|434,209|
|District levy||||||||||135,324|138,084|
|Connexional<br>priority|||fund|levy||||||123,550|129,092|
|District TMCP levy||||||||||23,779|10,988|
|Insurance,<br>utilities||etc||||||||30,590|36,339|
|Maintenance<br>on|manses|||||||||21,551|37,468|
|Depreciation||||||||||700||
|Expenditure<br>on|other circuit property|||||||||17,647|20,917|
|Administration||||||||||5,383|2,604|
|Mission support||||||||||15,441|15,034|
|Other||||||||||5,164|7,011|
|Staff expenses||||||||||31,688|20,284|
|Grants<br>a able|Note 17|||||||||83 410|65 170|
|||||||||||908 507|917200|
|Support costs:||||||||||||
|Audit and accountanc||||||||||6,060|5,418|
|Total ex enditure|||on charitable||activit|||||914567|922618|
|5.<br>Minister|and||Lay Staff Information|||||||||
|The average<br>number|||of clergy and||lay|staff, analysed||by function|was:|||
|||||||||||2022|2021|
|Clergy|||||||||||11|
|La<br>staff|||||||||||4|
|||||||||||14|15|





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|Minister<br>and lay staff c|osts during<br>|the year were|as follows:||||
|---|---|---|---|---|---|---|
||Clergy|Lay staff|Total|Clergy|Lay staff|Total|
||2022<br>f|2022|2022|2021<br>f|2021<br>f|2021f|
|Wages and salaries|232,964|85,970|318,934|276,640|52,144|328,784|
|Social security costs|22,859|6,046|28,905|73,236|3,051|76,287|
|Pension costs|61 555|4 886|66 441|26 323|2 815|29 138|
||317,378|96,902|414,280|376,199|58,010|434,209|



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|7.<br>Net Expe<br>|nditure<br>|||||
|---|---|---|---|---|---|
|This is stated|after charging:|||2022f|2021f|
|Auditor's<br>remuneration:||||||
|Audit||||3,200|2,835|
|Accountancy||||1850|1 680|
|8.<br>Tangible|Fixed Assets|||||
|||Office||Freehold||
|||Equipment|Land|Property|Total|
||||||E|
|Cost or valuation:||||||
|At 1 September|2021||40,000|2,713,299|2,753,299|
|Additions||2,100|||2,100|
|Disposals||||(170,000)|(170,000)|
|At 31 Au<br>ust 2022||2 100|40 000|2 543 299|2 585 399|
|Depreciation:||||||
|At 1 September|2021|||||
|Charge||700|||700|
|At 31 Au<br>ust 2022||700|||700|
|Net book value|at 31Au ust 2022|1400|40 000|2 543 299|2 584 699|
|Net book value|at 31Au ust 2021||40,000|2,713,299|2,753,299|





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|Market|value|at 31August 2021|at 31August 2021|251,390|
|---|---|---|---|---|
|Realised|and|unrealised|losses|15793|
|Market|Value|at 31 Au|ust 2022|235,597|



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|11.|Debtors|||||
|---|---|---|---|---|---|
|||||2022|2021|
||||||f.|
|Pre|a ments|and other debtors||40,748|34,041|
|||||40 748|34 041|
|12.|Creditors: Amounts||Falling Due Within One Year|2022|2021f|
|Assessments||in advance||82,956|85,945|
|Creditors<br>and||accruals||34 873|23 707|
|||||117,829|109,652|





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|For the year ended 31|August 2021|:|||||||
|---|---|---|---|---|---|---|---|---|
||Balance|||Other|||Balance||
|1September<br>2020||Income|Expenditure|gains / Transfers<br>(losses)|||31August<br>2021||
|Unrestricted<br>funds:|||||||||
|General funds|3,288,763|844,050|(903,360)|23,656|22,179||3,275,228||
|Designated<br>funds:|||||||||
|Ministry<br>and Mission|29,000|||(21,000)|||8,000||
|Total|3 317763|844 050|903 360|23 656|1 179||3 283|228|
|Restricted funds:|||||||||
|District grants||12,500|(12,500)||||||
|Carol Service||4,000|(4,000)||||||
|Wakefield<br>Methodist|||||||||
|junior and Infant School|314|200||||||514|
|Various bequests:|||||||||
|Thomas<br>Holmes|504|2|(1)|||||505|
|Henry<br>Gundhill<br>gift<br>j.W.Wilson<br>Esq|880<br>786|16<br>2|(2)<br>(2)|163|(14)<br>(1)||1,043<br>785||
|Total restricted<br>funds|2 484|16720|16 505|163|15||2|847|
|Permanent<br>endowment:|||||||||
|Harold<br>Speight|||||||||
|Memorial<br>fund|212 400|3 917|2 753|38990|1 164||251|390|
|Total funds|3,532,647|864,687|922,618|62,809|||3,537|525|
|14.<br>Analysis of Net Assets by Fund|||||||||
|As at 31August 2022|Unrestricted||Restricted|Endowment|||||
|||funds|funds|funds|Total||funds||
|||||f|||||
|Fixed assets||2,584,699||235,597|2,820,296||||
|Long term debtors||12,237|||||12,237||
|Net current assets||728 373|3 690|||732 063|||
|||3,325,309|3,690|235,597|3,564,596||||
|As at 31August 2021|Unrestricted||Restricted|Endowment|||||
|||fundsf|funds<br>f|funds|Total||funds<br>f||
|Fixed assets||2,753,299||251,390|3,004,689||||
|Long term debtors||5,000|||||5,000||
|Net current assets||524 989|2 847|||527 836|||
|||3 283 288|2 847|251 390|3|537 525|||





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|||||||2022|2021f|
|---|---|---|---|---|---|---|---|
|Grants to institutions:||||||||
|Airedale<br>Methodist<br>Church||||||9,000|3,000|
|Cross Project (taking the Christian||Gospel into secondary||schools)|||2,000|
|Foodbank<br>- Wrenthorpe|||||||5,000|
|Lakeside Project|||||||6,500|
|South Emsall Parish<br>Nurse||||||8,000|8,000|
|South Emsall Asbestos|Removal||||||8,370|
|3ubilee grants||||||2,180||
|Grant for prison<br>hymn|books|||||332||
|Sandal<br>MC towards<br>Youth workers||||||2,500||
|Environmental<br>grants||||||27,398||
|Methley<br>Church|||||||16,000|
|Horbury<br>Churches Together Youth||Project (in support|of|youth|work)|4,000|2,000|
|Trinity<br>Mission||||||30,000|13,300|
|Wakefield<br>Methodist<br>3unior S.Infants School (support <br>Christian<br>ethos|||the|School's|||1,000|
|||||||83,410|65,170|



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|19.<br>Net Cash provided<br>by Operating<br>Activities|||
|---|---|---|
||2022|2021|
|||f.|
|Net movement<br>in funds|27,071|4,878|
|Gains on fixed assets|(65,010)|(23,656)|
|Losses / (Gains) on fixed asset investments|15,793|(38,990)|
|Income from investments|(8,971)|(5,355)|
|Depreciation|700||
|(Increase)<br>in debtors|(13,944)|(2,933)|
|Increase<br>in creditors|8,177|14,541|
||(36,184)|(51,515)|





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|21. Comparative<br>S|tate|ment of Financial|Activities for the Y|ear Ended 3|1August 202|1|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Endowment|Total|
||||funds|Funds<br>f|Funds<br>f|2021<br>f|
|Donations<br>—assessment<br>Government<br>grants|or share||627,980|200||628,180|
|Charitable<br>activities<br>Other trading<br>activities<br>Investments<br>Other income<br>Total income and endowments|||199,255<br>11,450<br>1,418<br>3,947<br>844 050|16,500<br>20<br>16720|3,917<br>3917|215,755<br>11,450<br>5,355<br>3,947<br>864 687|
|Expenditure<br>on:|||||||
|Charitable<br>Activities<br>Total ex enditure|||903,360<br>903 360|16,505<br>16505|2,753<br>2 753|922,618<br>922 618|
|Net income / (expenditure)<br>recognised<br>gains||before other|(59,310)|215|1,164|(57,931)|
|Gains on disposal<br>of fixed assets<br>Realised and unrealised<br>gains on investments<br>Transfers<br>between<br>funds<br>Net movement<br>in funds|||23,656<br>1,179<br>34 475|163<br>(15)<br>363|38,990<br>(1,164)<br>38 990|23,656<br>39,153<br>4 878|
|Reconciliation<br>offunds:|||||||
|Funds<br>brou<br>ht forward|||3317763|2 484|212 400|3 532 647|
|Funds carried forward|||3 283 288|2 847|251 390|3 537 525|