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|Cynthia|||Jago|
|---|---|---|---|
|Alan|||Johnston|
|Duncan|||Knight|
|Stephen||Paul|Major|
|Agnes|||McFeat|
|Alexander||Wright|McFeat|
|Carol Ann|||Morgan|
|Brenda|||Naish|
|Andrew|Russell||Parsons|
|Verity|||Phillips|
|John|||Prebble|
|Nicola|||Quaintance|
|Appointed|01/03/2022|||
|Margaret||Dawn|Renshaw|
|Jean|||Sabine|
|Appointed|01/03/2022|||
|Andrew|David||Sinden|
|Edward|||Stephenson|
|Patdicia|||Stephenson|
|Michael|||Strickland|
|Patsy|||Tidball|
|Appointed|01/03/2022|||
|Margaret|||Vosper|
|Serena|||Walcot|
|John|||Walton|
|Paul|||Weir|
|Anne-Marie|||Whiting|
|Frederick||William|Woodland|
|Keith|||Wray|
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|||||||Circuit|Model||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||General|Fund|Trust||Restricted|Total|Total|
||||Note|(Unrestricted)
6||(Unrestricted)
f||Funds
f|2020-2t
8|2010-20|
|Income|||||||||||
|Donations
and legacies|||||4,630||||4,630|2,105|
|Income from monetary
investments|||||329||1,509||1,838|0,152|
|Income from investment|properties||||18,630||||18,830|9,570|
|Assessments
on Churches|||||184,153||||184,153|182,639|
|Profit on disposal of manse|||||||||||
|Grants received|||||||||||
|Other charitable
income|||||4,661||||4,661|5,201|
|Total income|||||212,603||1,509||214,112|205,807|
|Expenditure|||||||||||
|Grants
and donations|||8||1,920||||1,920|49,10T|
|Salaries and associated|costs||9||154,251||||154,251|102,920|
|Property expenses|||10||35,327||||35,327|19,32T|
|Connexional
assessment|8 model trust levy||||9,110||27,489||36,599|37,950|
|District Assessment
8 Levy|||||49,620||||49,620|49,426|
|TMCP Levy|||||||||||
|Office expenses|||11||4,528||967||5,495|6,288|
|Other outgoings|||12||5,311|||4,000|9,311|11,937|
|Total charitable
expenditure|||||260,067||28,456|4,000|292,523|336,963|
|Gains/(losses)
on monetary||investments|||||||||
|Gains/(losses)
on investment||properties|||35,000||||35,000||
|Net income/(expenditure)|||||(12,464)||(26,947)|(4,000)|(43,411)|(131,296/|
|Transfers
between
funds|||||90,000||(90,000)||||
|Other gains/(losses)|||||||||||
|Net movement
in funds|||||77,536||(116,947)|(4,000)|(43,411)|(131,296/|
|Total funds
brought
forward|||||1,418,570||483,186|26,121|1,927,877|2059,173|
|Total funds carried forward|||||1,496,106||366,240|22,121|1,884,466|1,927,87T|
##
||||General Fund|Circuit Model|Restricted|Totals||Totals|
|---|---|---|---|---|---|---|---|---|
||||(Unrestricted)|Trusts|Funds|2020/21||2019/20|
|||Notes||(Unrestricted)|||||
|Fixed Assets|||||||||
|Circuit Menses 8 Equipment||13|1,008,296|||1,008,296||1,'008,296|
|Investment
ro erties||14|275,000|||275,000||240,000|
|Investments|||||||||
|Total fixed|assets||1,283,296|||1,283,296||1,248,296|
|Current Assets|||||||||
|Debtors|||11,688|||11,688||1'2,286|
|Loans by the Circuit|||16,077|||16,077|||
|Investments
with TMCP||||366,240||366,240||483,188|
|Central Finance Board De|osits||214,845||22,121|236,966|'|248,407|
|Cash at Bank and in hand|||5,025|||5,025||4,391|
|Total current|assets||247,635|366,240|22,121|635,996||T48;270|
|Current
liabilities|||||||||
|Creditors
due in under
1 year|||34,826|||34,826||68,689|
|Grants payable
within
2020/21|||||||||
|Tote/ curren tliabilities|||34,826|||34,826||88,689|
|Net current essets/liabilities|||212,809|366,240|22,121|601,170||679,581|
|Total assets less|current||||||||
|liabilities|||1,496,105|366,240|22,121|1,884,466||1,927,877|
|Long term liabilities|||||||||
|due after more than one|ear||||||||
|Grants payable after 2020/21|||||||||
|Loans to the Circuit|||||||||
|Net|assets||1,496,105|366,240|22,121|1,884,466||1,92T,87T|
|Funds ofthe Circuit|||||||||
|General
Fund (Unrestricted)|||1,496,105|||1,496,105||1,418,570|
|Circuit Model Trust Fund|||||||||
|(Unrestricted)||||366,240||366,240||483 185|
|Designated
Funds (Unrestricted|||||||||
|Total Unrestricted|Funds||1,496,105|366,240||1,862,345||1,901,756|
|Restricted
Funds||15|||22,121|22,121||26,121|
|Endowment
Funds|||||||||
|Total|Funds||1,496,105|366,240|22,121|1,884,466||1,927,8TT|
||||||Signed|R G Francis|||
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|5|Income from investment|Income from investment|properties|properties|properties|properties|||||2021||2020,|2020,|2020,||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||46 Kingsdown
Crescent||||||||||9,060||8;820,||||
||llsington
Graveyard||||||||||570||750||'||
||35Valley Close||||||||||9,200||||||
||||||||||||18,830||9,570||',||
|6|Assessments||||||||||||||||
||In order to respond|to the|impact||of Covid|||19restrictions||on|church income||the Circuit||granted|a|
||holiday ofthree months
on assessments|||||||in both the current|||period and the||previous|period.|||
||In the opinion of the Trustees|||the|effect ofthese two holidays||||||will be|to allow circuit churches to|||||
||return to normal
following||the|end|of lockdown.||||||||||||
|7|Other charitable
income||||||||||2021||2020||||
||Publications||||||||||331|'|421||||
||Connexional
funds||||||||||4,330||4,780||I||
||||||||||||4,661||5,201||'||
|8|Grants &Donations||||||||||2021||2020,||||
||The Avenue
Church|children||&family worker|||||||||15,000||'||
||Plymouth
&Exeter|District training||||fund|||||||465||||
||Water Aid||||||||||||702||||
||South Molton &Ringsash||Circuit||||||||||1,000||||
||LWPT||||||||||200||200||||
||Plymouth
&Exeter District benevolent||||||fund||||120||140||||
||Ivybridge
Youth for|Christ|bus||||||||600||600||||
||The Avenue
Church|disabled||toilets|||||||||30,000||||
||Buda & Holsworthy|market chaplain|||||||||1,000||1,000||||
||||||||||||1,920||49,107||||
|9|Paid employees||||||||||2021||2020||||
||Staff costs incurred|during|the year|||were:|||||||||||
||Gross salaries|and benefits|||in kind|||Ministers||116,841|||138,655||||
|||||||||Others|||32,415||15,'406||||
||Travelling
Expenses||||||||||4,995||8,867||||
|||||||||||154,251|||162,928||||
||No employee was paid at||a rate of|||more than C60,000|||per annum.||||||||
||Average
number
of|full time equivalent|||||employees||||2021
6||20205'||||
|10|Property expenses||||||||||2021||2020||||
||Water rates||||||||||1,673||1,613||||
||Council tax||||||||||6,496||7,750||||
||Manses||||||||||12,874||2,494||||
||Insurance||||||||||3,369||3,777||||
||Building surveys||||||||||4,413||2,529||||
||Church
repairs||||||||||3,000||||||
||Let properties||||||||||3,502||1,'/64||||
||||||||||||35,327||19,327||||
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|11|Office expenses|Office expenses||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|
||Telephone||||||2,920||2,678,|
||Printing|||||||584|795|
||Publications|||||||544|1,090|
||Wages charges|||||||480|480|
||TMCP charges|||||||966|1,245|
||||||||5,494||6,288|
|12|Other outgoings|||||||2021|,2020|
||Supernumerary|fees||||||350|1,800|
||Training||||||||214|
||llsington
graveyard|||||||450|400|
||Miscellaneous||||||3,866||4,941|
||Corbyn fund||||||4,000||4,000|
||llsington
church|||||||||
||Apprentice
levy|||||||645|582|
||||||||9,311||11,937|
|13|Tangible Fixed|Assets|||Cost|31/08/2020|Add/Disp||31/08/2021|
||Menses|||||||||
||35Valley|Close||||130,000|||130,000|
||135Churchfields|||Drive||325,000|||325,000|
||12 Moorlands||Close|||75,000|||75,000|
||4Jacks Close|||||478,296|||476,296|
|||||||1,008,296|||1,008,296|
||2020comparative||||Cost|31/08/2019|Add/of|sp|31/08/2020|
||Menses|||||||||
||35 Va//ey|C/ose||||130,000|||130,000|
||135Churchfie/ds|||Drive||325,000|||325,000|
||12Moor/ands||C/ose|||75,000|||75,000|
||4Jacks C/ose|||||478,296|||478,296|
|||||||1,008,296|||1,008,296|
|14|Investment
Property||||Fair Value|Fair Value|Revaluation||Fair Va/ue|
||||||31/08/2019|31/08/2020|||31/08/2021|
||Investments|||||||||
||Dawlish||||240,000|240,000|35,000||275,000|
||||||240,000|240,000|35,000||275,000|
##
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|fund is the
.|Corbyn
Fund|which is for|education
and|outreach
in th|
|---|---|---|---|---|
|As at|Funds|As at|Funds||
|31/08/2019|expended|31/08/2020|expended|As at 31/08/2021|
|30,121|4,000|28,121|4,000|22,121|
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