2022-08-31-accounts - Methodist Church Southend And Leigh Circuit

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

			Page
Index
Trustees'	report		2-8
Auditor's	report
Financial	statements		10-23
Appendix	I —Circuit Meeting membership	and glossary ofterms	24-26

Financial statements	for the year ended 31August 2022
Index:		Page
Statement offinancial	activities (SOFA) for the year ended 31 August 2022
Statement offinancial	activities (SOFA) for the year ended 31 August 2021	12
Balance sheet as at 31 August 2022		13
Notes to the accounts	for the year ended 31August 2022	14-23
Appendix —Names of	the Trustees (members ofthe Circuit Meeting)	24-25
Glossary ofterms

		Nobis to the	Goheml Fund Iunresldded)	Clmun Moerl Trust Iunresblded)	Csslgrlaled FNlde Iuhm slrld ed		Tolal2521.22
		OCCONISI
	Income
	Conugonehrdlegarins Income fram mediary rmestmentr IhNNN frmrr IrueellrNllt napN500 Aasessmenm an Chuches Cupttsl Receals Sante Recabed Clhm ctmaleble Income Total )ncome Ex pend)turn	20/I 20/2	0 1,147 6,370 325,623 0 0 0 335,140	0 36 0 0 0 0 0 36	0 285 0 0 0 0 0 285	0 1 0 0 0 57,475 0 57,478	0 1,469 8,370 325,623 0 57,475 0 392,937
5 15 11 12 13 14 15 15 17 Ig	Sama Nd donstnns gutedes end Oesoclnnd corro Properly madeemu 0 Commdonal Osseesmenl d modal ttust levy Clelrht AssesuuNA g Lory Coproclugen Cane Nosnses ClhN outgohgs Total expenditure GONrlgsmhm) oh mNlrmlrr INoslhlnde	20/4 255	0 201,922 90,506 52280 13,268 1,125 9,117 33,444 491,684	0 0 0 0 156 0 18 0 174	75,000 0 0 0 0 0 0 0 75,000	0 34,610 0 0 0 0 0 22,867 57,477	75,000 236,532 90,508 52,260 13,444 1,125 9,135 56,311 5$4,335
lg	Gainslgosses) on invssbnete pmpmtms
20 21 22 23 24 25	Net Income/(expenditure) Trmlsfels betneeh fnule Sher pmnslgossm) Net movement in funda Totel brlde brought farnerd Tend funda carried forward	20/12	(86,544) 90,000 0 23,456 2,375,243 2,399,aa	(138) 0 (1$8) 6,264 8',128	(74,715) (90,000) 0 (164,715) 288,850 124,135	(I) 0 0 0) 30,340 $6,'SSQ	(142,398) 0 0 (141,398) 2,700,697 2,559,299

			notes to	General Fund	Circus Model Tnnl	Circus Model Tnnl	CeslgMINIFunds		Funds	Total 2020.n
			ne	glnresldded)	(unrcsbided)		glmochldNI
			cccenlll ~
	Income
	Concbons snd loposier			0		0		0	0	0
	IIINmlc ffAll IMMIsly llulrciulsuhr			212		684		95	0	1,191
	Income ffml IAoNASINltplopNboo			16.740		0		0	0	16,740
	Assessments an Chmhas		20/I	335,326		0		0	0
	Capital neceph			0		0		0	0	0
	Grume nsCNMd		20/2	0		0		0	46,894	46,894
	Cgw c bent a bio Income			0		0		0	4,985	4,985
	Total Income			352,278		884		95	51,879	405,136
	Expend)turn
0	Grants and dcnatnns			0	1,399				0	1,399
'IO	Sslsdcs Irhd omocNIod costs			189,789		0			35,577
11	Propcny mdolwance			49,165		0			0	49,165
12	Connncon at a mes uncnl b	model to el levy		55,984		0			0	55,964
10	CISSICt AIOOSNllcAI btery			15,786	12,875				0	28,663
10	C8prllcr8IIOII			1,125		0			0	1,125
IP	Imice NWN see			6,586		577			0	7,163
10	Ctlrol Iwtgcrlrgs			31,115		0			22,383	53,498
17	Total expenditure			349,552	14,851				57',eee	422,S6S
10	Gcnslgoesse)ohmddnr	crvcsbrrnrts								0
IO	Gahsglosscs) on Nvesbnenl	propngce								0
20	Net Income/(expenditure)			2,728	(13,980			95	(8,081)	(17,227)
21	Tnnnhm botusen frnds			47,500	(266,100)		220,600		0	0
22	CthNgnINIIIOSMO)			0		0		0	0	0
23	Net movement In funds			50/26	(282,087)		220,995		(6,081)	(17,227)
24	Tctcl funds brought fcruurd			2,325,017	288,331		68,	155	36,421	2,717,924
25	Total funds carried	forward	20/12	2,375,243	6,264		288,850			2,700,897

	nues to ke	senora(Fond (unreslrloten	uroult Model Trust (Unresldmed)	Des(lusted Funds elamslrkled	Re slrk led Funds	Total Ãtutl	Total 2elute
	assslolk
Fixed Assets
Qnmit Menses d Eqdpmsot Irmmblnmi prapsraes bmoshllslds	20//&8 20/7&6	2,243,625 0 0				2,2Q,625 0 0	1,934,750 310,000 0
Total Rxed Assets		2,243,825				2,243,825	2,244,750
Current Assets
Dehlsm Loans by Ihe drrua Inrestmsnt m'th Thlcp Centre Feme admi Deposes Cash at bank md rl hand	20lg 20/11 20/1 1 20/1 1	23,564 0 0 207,874 (23,360)	0 0 6,126 0 0	0 6,063 0 116,072 0	0 0 53 0 30,286	23,584 8,063 6,179 323,946 6,926	17,871 0 6,317 366,913 125,628
Total Current Assets		208,NS	8,128	124,1$5	$0,339	388,NS	5(9,728
Current Llabeltles
cradles (due in mrmr Iyear) Omrk po/able nehhl 2022-23	20/10	53,024 0	0 0	0 0	0 0	53,024 0	62,782 0
Total Cunent Llabieees Net cunent assets/elabgltles)		Q,024 155,074	0 6,128	0 124,135	0 30,339	53,024 315,674	82,7S2 455,947
Total assets less current gabe(ties		2,39S,899	6,128	124,135	30,339	2,sse,eee	2,700,897
Long term eabeltks (due after more	than one year)
Orlllds parole sam m22-23
Learn to Ihrr lrfeut
Net Assets		2,398,N9	6,126	124,135	30,339	2,559299	2,700897
Funds ofthe Circuit
Dens mt Fmd tlk msu dot) Ciremt kiodel Trust Fund (annum(ad) Donenslsdlom($ (lmsshklsd)		2,398,699 0 0	0 6,126 0	0 0 124,135	0 0 0	2,398,299 6,126 124,135	2,375,243 6,264 286,650
Total Unrestricted Funds Rseirroisd Fields		2,3es,see 0	8,128 0	124,1$5 0	0 30,339	2,528,090 30,339	2,570,357 30,340
Total Funds		2,$9e,see	8,126	124,135	30ST$9	2,sse,2ee	2,700,897

20/1 Circuit	as	sessment	s
Church			General	Model Trust	Designated	Restricted	Total 2022	Total 2021
			Fund		funds	Funds
Belfairs			28,440				28,440	29,417
Benfleet			37,428				37,428	38,993
Canvey			17,127				17,127	17,848
Chalkwell Park			21,000				21,000	19,342
Flshermans			4,564				4,564	4,753
Hadleigh			13,376				13,376	13,933
Highlands			20,508				20,508	21,366
Hockley			20,000				20,000	17,004
Rayleigh			35,456				35,456	39,846
Rochford			14,500				14,500	16,678
Thorpe Bay			17,576				17,576	18,311
Thundersley			15,388				15,388	16,028
Trinity			20,800				20,800	18,200
Wesley			31,608				31,608	34,596
UMC			27,852				27,852	29,011
Total			325,623				325,623	335,326
20/2 Grants received
Description			General	Model Trust	Designated	Restricted	Total 2022	Total 2021
			Fund		funds	Funds
Experience	Project					57,475	57,475	42,484
Refrigerated	Van					0	0	4,410
Total						57,475	57,475	46,894
20/3 Salaries and associated costs
Description			General	Model Trust	Designated	Restricted	Total 2022	Total 2021
			Fund		funds	Funds
Stipends			106,562				106,562	105,325
Ministedal	Support		38,198				38,198	32,905
Stipends Nl			10,067				10,067	9,675
Ministerial Sup Nl Stipends Pension			2,456 27,787				2,456 27,787	2,513 27,463
Ministerial Sup Pen Town centre salary			1,550				1,550 0	1,632 463
Project salaries						31,396	31,396	32,460
Project Nl						3,214	3,214	3.117
Admin Salary			14,055				14,055	8,892
Apprenticeship		levy	1,072				1,072	921
Preachers	Fees		175				175	0
Total			201,922			34,610	236,532	225,366

20/4 Office expenses
Description	General	Model Trust	Designated	Restricted	Total 2022	Total 2021
	Fund		funds	Funds
PPS Bank Charges	2,679				2,679 54	1,707 0
Equipment	629				629	960
Plan and directory Imaging Day	768				0 768	1,035 0
Church Road Elec	235				235	0
Sundry	527	18			545	861
Ofnce rent	4,225				4,225	2,600
Total	9,117	18			9,135	7,163
20/5 Other Outgoings
Description	General	Model Trust	Designated	Restricted	Total 2022	Total 2021
	Fund		funds	Funds
Ministers' travel	5,190				5,190	2,987
Ministers' expenses Manse phones Manse rates Training	1,497 3,150 14,626 366				1,497 3,150 14,626 366	1,116 3,016 13,756 313
Quinquennials Removals Letting fees and exp Payroll charge	2,950 540 2,332 322				2,950 540 2,332 322	2,180 4,248 1,837 302
Manse insurance Project expenses	2,471			22,867	2,471 22,867	1,360 22,383
Total An insurance prepayment	33,444 was calculated	0 0 for the first time in 2021		22,867	56,311	53,498

20/6 Expenditure o	n properties
Description	General	Model Trust	Designated	Restricted	Total 2022	Total 2021
	Fund		funds	Funds
Council tax Water supply	11,515 3,111				11,515 3,111	11,140 2,616
Maintenance	90,508				90,508	49,165
Insurance	2,471				2,471	1,360
Total	107,605				107,605	64,281

20/7 Fixed Assets
Description		Menses	Equipment	Investment	Total
				Properties
Cost or Valuation
Balance as at 1 September 2021		1,932,500	4,500	310,000	2,247,000
TfrofProperty from Investment	to Manse	310.000		(310,000)	0
Balance as at 31August 2022		2,242,500	4,500	0	2,247,000
Depreciation
Balance as at 1 September 2021			2,250		2,250
Charge for the year Balance as at 31August 2022			1,125 3,375		1,125 3,375
Net book value as at 31 August 2022		2,242,500	1,125	0	2,243,625
Net book value as at 31August	2021	1,932,500	2,250	310,000	2,244,750

20/8 Schedule ofMenses and Investment Property
633, High Road, Bentleet	TYpe Manse	Valuation 350,000
1,Oakview Close, Leigh-On-Sea	Manse	390,000
259, Rayleigh Road, Rayleigh	Manse	350,000
33, Church Road, Shoeburyness	Manse	310,000
146, Galnsborough Drive, Westdiff-On-Sea	Manse	395,000
37, Ormonde Gardens, Leigh-On-Sea	Manse	430,000
Wesley Grange	Manse	17,500
Total		2,242,500

Description	Description	General	Model	Designated	Restricted	Total 2022	Total
		Fund	TBIst	funds	Funds		2021
Debtors
Loans to	Ex-employees	2,500				2,500	2,500
Due from	Churches	4,600				4,600	2,691
		7,100			0	7,100	5,191
Prspayments
Stipend paid in advance		15,614				15,614	11,950
Insurance	paid in advance	870				670	730
		16,484			0	16,484	12,680
Total		23,584			0	23,584	17,871

20/10 Creditors, A	ccruals an	d Income In Adv	ance
Description		General	Model	Designated	Restricts	Total 2022	Total 2021
		Fund	Trust	funds	d Funds
Income In Advance
Assessment paid in advance Creditors and Accruals		40,790				40,790	46,588
Ministers' and Staff	Expenses	173				173	924
Maintenance Rent & Utilities		5,050 290				5,050 290	7,973
Local Projects		221				221	763
Other		6,500				6,500	6,500
Total		53,024			0	53,024	62,748
20/11 Central Finance Board		and Bank Balances
Account		General	Model	Designated	Restricted Total 2022		Total 2021
		Fund	Trust	funds	Funds
Central Finance Board TMCP Trustee Account HSBC		207,874 (23,360)	6,126	116,072	53 30,286	323,946 6,179 6,926	368,913 6,317 125,628
Total		184,514	6,126	116,072	30,339	337,051	500,658
20/12 Summary of	Fund Movements
Fund		Balance 01.09.21	Income	Expenditure	Transfers	Balance 31.08.22
General Fund		2,375,243	335,140	401,684	90,000	2,398,699
Model Trust Fund Elm Road Fund York Road Fund Total Unrestricted Experience Project	Funds	6,264 220,600 68,250 2,670,357 30,287	36 285 335,461 57,476	174 75,000 476,858 57,477	0 (90,000)	6,126 55,600 68,535 2,528,960 30,286
Rayleigh Road		53				53
Total Restricted		30,340	57,476	57,477		30,339
TotalFunds		2,700,697	392,937	534,335	0	2,559,299

20/13 Analysis of Net Asse	ts between Funds
Account	General	Model	Designated	Restricted	Total 2022	Total 2021
	Fund	Trust	funds	Funds
Tangible fixed assets Fixed asset investment Current assets Current liabilities	2,243,625 208,098 (53,024)	6,126	124,135	30,339	2,243,625 368,698 (53,024)	1,934,750 310,000 518,729 (62,924)
Total	2,398,699	6,126	124,135	30,339	2,559,299	2,700,555

Current Circuit Meeting Membership as at the	Current Circuit Meeting Membership as at the	Current Circuit Meeting Membership as at the	date ofthis report	date ofthis report
Ministers		Rev Peter Moorhouse		(Superintendent)
		Rev Margaret Deans		(Supernumerary	with pastoral	oversight)
		Rev Dr Calvin Samuel
		Deacon Sarah McDowall
		Pastor Stephen	Mayo
		Rev Clifford Newman		(Supernumerary	with pastoral	oversight)
		Rev Agnes Sam		(appointed 1 September 2022
		Rev Zena Smith
Supernumerary	Ministers	Rev Norman Hooks
		Rev Peter Perowne
		Rev Theresa Rutterford
Circuit Stewards		Mrs Anne Briant
		Mr lan Lowe
		Mrs Pamela Smith*"
		Mr Mike Spaull**		(appointed 14Sept 2021)
Circuit Treasurer		Mr Adrian Nunn**
		Mr Patrick Smith
Other Circuit Officers		Mrs Val Dobbin		(Action for Children)
		Mr Robert Gray		(Safeguarding Officer))
		Miss Anne Lane**		(Connexional Funds Treasurer)
		Mrs Pamela Smith**		(Property and Menses Co-ordinator)
		Mr Mike Spaull**		(Worship Leader	rep)
		Mrs Jane Fulford		(Local Preachers'	Secretary) (appointed
				September 2022)
Church Representatives		Belfalrs		Mr Mike Spaull**
				Mrs Tins Gowers**
				Mrs Neeltje Charles
		Benfleet		Mrs Daisy Humphreys
				Mr Richard Reeves
				Vacancy
		Canvey Island		Mrs Cathy Turner
				Mr Adrian Nunn**
				Mrs Eva Hayes
		Chalkwell Park		Mrs Jo Malcolm
				Mr Laurie Ward
				Mrs Sue Allum

FOR THE Y	FOR THE Y	EAR END	ED 31AUGUST 2022
Hadleigh			Ms Claire Gunn
			Mrs Judee Peterson
			Ms Susan Mthimkulu
Highlands			Mr Donald Mayes
			Mr David Watson
			Mr Frank Edmonds
Hockley			Mrs Muriel Pregnall
			Mr Stan Rae
			Mrs Ros Hayman
Fishermen's		Chapel	Kelly Andrews
			Mr Roger Smith
			Mr Paul Wornell
Raylelgh			Miss Susie King
			Mr Andy Cameron
			Mr Keith Norman
Rochford			Mrs Carols Glendening
			Mrs Heather Sims
			Mr Bruce Glendenning
Thorpe	Bay		Mrs Angela Merenda
			Vacancy
			Miss Margaret Poulter
Thundersley			Mrs Shirley Beadle
			Miss Anne Lane**
			Mrs Linda King
Trinity			Mrs Viv Robson
			Mrs Jacky Walton
			Vacancy
United	MC		Mr Alan Sambridge
			Mrs Wendy Coombes
			Mr Bob Bdant
Wesley			Mrs Gaye Greenway
			Mrs Tine Gowers**
			Mrs Judy Taylor

		Indicates aTrustee serving in more than one capacity
CFB:		Central Finance Board ofthe Methodist Church manages		a Common	Deposit
		Fund and a series of pooled investment funds for the Methodist Church				in
		Great Britain and provides investment advice to those entities.
Church:		a group of members from fewer than 10to more than 90
Circuit:		a group of Methodist Churches near each other, typically		between 10and 20
Circuit Meeting:		The trustees ofthe Circuit, most ofwhom are appointed	by their local
		Churches and others by virtue ofa role they undertake	for the Circuit		and/or
		their local Churches.
CLT		Circuit Leadership Team which comprises the Presbyters		(Ministers)	and
		pastors stationed within the Circuit, the Circuit Stewards		and the Circuit
		Treasurers
CMTF:		Circuit Model Trust Fund
Connexion:		The Methodist Church in Great Britain which includes the Head Office at
		Methodist Church House, all Methodist Districts, Circuits		and Churches		in
		Great Britain.
Connexlonal	Funds:	The designated and/or Restricted Funds held and administered by the
		Connexion in furtherance of its charitable and mission objectives.
District:		a group of contiguous Circuits, usually between 15and	30
DAF:		District Advance Fund
FRS:		Financial reporting Standard
HMRC:		Her Majesty's Revenue and Customs
Lay Employees:		Personnel employed by the Circuit on generally accepted		commercial
		employment terms.
MMPS:		Methodist Ministers' Pension Scheme
PASLEMC:		Pensions and Assurance Scheme for Lay Employees ofthe Methodist
		Church
Pensions Trust:		The Pensions Trust, the organisation though which the	Circuit arranges			a
		pension scheme for its Lay Employees
Presbyters		Probationer or Ordained Methodist Ministers (including	the Superintendent)
		who have pastoral and administrative responsibility for	the Churches		within
		the Circuit
SOFA:		Statement of Financial Activities
SORP:		Statement ofRecommended Practice
TMCP:		Trustees for Methodist Church Purposes, the legal owner		and Custodian
		Trustee of all Methodist Model Trust property, including	Legacies,
		Endowments and Accumulated Funds