2021-08-31-accounts - South Essex Methodist Circuit

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Statement of Financial Activitie	s (SOF	A) for the y	A) for the y	A) for the y	ear ended 31 August		2021
	Notes to the accounts	General Fund (Unraatrtctsd)			Circuit Model Designated Trust Funds (Unrestricted) (unrestricted)		Restricted Funds	endowment Funds		Total	2020. 21
				E	E E		E	E			L
income											0
1 Donstkms and legsdes 2 Income from monetary Investments 3 Income from investment propentss 4 Assessments on Churches 6 Caphsl Receipts	6			7,fl78 r ., 10udgfi 166.431					1,		7,878 10,491 158,431 0 0
6 Grants received
7 Other charitable Income 8 Total Inaoms				176,800							178800
Expenditure 9 Grants and donations 10Salaries end associated costs 11 Properly melntsnanoe 12 Connsxlonsl asaessmenl & model trust levy	6, 6 s 9 -j		" i ',	300 118(66 . afr936', ,'77,682	r;						.300 118,188 31,838 77,892
13Dlstrkt Assessment &Levy
14 DspredaBon 16off/ce expenses 18Other outgoings 17Total oharltsble expenditure 18Gains/(losses) on monetary Invssimenls 19Gslns/(tosses) on Inveslmanl properties 20 Net income/(expenditure) 21 Transfers between funds	11 12	'	'	",' '4,l/01 -24,657. 257,078 Blf,()09 -135,278 76,000'	' 0 73,'400 ' 73,400 ~'-,' r,'70,()00	0 0		0 0		0 0	4,901 24,851 267,078 73,400 -65,000 -51,878 0
22 Other gains/(losses) 23 Net movement In funds 24Total funds brought forward 25 Total (unde carried forward				-65,278 2M61,647 2,396,308	3,400 ': 407,116' 410,516	0		0		0	-61,878 2,868,782 2,806 884

			Notes to				Circuit	Circuit	Model	Model	Model	Designated
			the	General Fund				Trust				Funds		Restricted		Endowment			Total	2019.
			accounts	(Unrestricted)			(Unrestrtoted)					(unrestricted)		Funds		Funds				20
				E				E						k		E				E
income
DonsBons end legedes																,	'',	l		0
2 inconw from monetary Investmenls				93)15,L																9,815
3 Income from lnveslmenl	pro	psrBee		45473,		'														15,473
4 Assessmenls on Churchse				162;501.			I													162,601
6 Capital Receipts				700,000																700,000
6 Grerks received																				0
7 Other charitable Income
8Total incorns				887,689																887589
Expenditure
9 Grants end donat/ons 10Salaries end essodeled	coals		8	,750 ' '., Lt'(5,696	.. .															750 118,696
11Properly maintenance			8	—.40,628																40,629
12 Connexlcnal assessment	6	model Iruet levy	9	.4'(5,8e7.																118,897
13Dlslrfct Aeaessmsnt 6 Levy																	c			0
14 Depreciation																		I		0
15QIBce expenses			11	'4,559	.,															4,559
16Other Cutgolltga			12	660.564.,																550,684
17Total charitable expenditure				831,114							0		0		0		0			031,114
18Gains/(losses) cn monetary		Investments																		-7,309
19Gains/(losses) cn Investment		properties		504,325	I															684,325
20 Net Income/(exp andi(ure)				640,800					-7,309				0		0		0			633,491
21 Transfers between funds																				0
22 Other gains/(losses)
23 Net movement in funds 24Total funds brought forward				840 800 47 0820,8			',	4	-7309 ' 4 14N2				0		0		0		833,491 2,235,271
25Total funds carried forward				2,461,847				407		116									2,868,752

		Balance	Balance	Sheet as	Sheet as	at 31 A	ug	ust 20	21
		General Fund (Unrestricted)		Clroult Modal Trusts		Designated Funds		Restricted Funds	Endowment Funda	Totals 2021		Totals 2020
	Notes lo Ibe			(Unrestricted)		IUnreslrloled'I
	Accounts		E			E			E
Fixed Assets ctrouk Menses 5 Eq Inveslnmnt pr dies trrvssbnenls Tolsf Hfmd assets 14			2,328,000 42(L000 2,75C,000		410,516 410,516		0		0	0	2,326,000 420,000 410,615 3,18O,BIS	1,820,000 426,000 407,115 2,552,115
Current Assets Cebtors			0,023								9,023	9,137
Loans by the Ckcuit Investments with TMCP central Flnsnoe Board Deposits Cash et Bank end In hand To le I current	assets 17 17 17		73,943 30,360 27,354 140,870								73,943 30,369 27,354 14O,BTB	133,834 66,631 56,023 264,025
Current Bsbghles CredRors (due In under I year)	18		44,310								44,310	47,378
Grants ewlthln 2018-19 Tolal ourrenf Hsbllfdee			44,310								44,310	47,378 218,847
Nsl current ssselefgebglues			98,369
Total assets less current HsbIglfes			2,848,389		410,616		0		0	0	3,260,884	2,866,702
Short tenn tlabllltles
due less than one year
Grants a bls cher 2021-22 Loan touteckuE	14.2		460,000								45II,BBB
No(assets			2,396,369		410,516					0	2,806,884	2,868,782
Funds of Ihe Clroult General Fund Unrostrhlml clrcuu Model Trust Fund (Unreslrloted)			2,396,308		410,515						2,390,369 410,615 0	2,461,647 407,115
Ceslgnsled Funds (Unrestricted)											2,806,834	2,368,782
7ofsl Unres frfc lsd	Fur)de								0		0
Reslflctsd Filrtds
EndomneBt Fuflds Total	Funds	21	2,396,369		410,616		0		0	0	2,M0,884	2,868,762

METHOD	IST CHURCH - SOUTH	ES	SEXCIRCU	IT
BUDGET	2021-22
						2021/22
						BUDGET
	Stipends					86,700
	Pensions					21,000
	National Insurance	Contrlbutions				7,520
	Tele hones and I.T					3,000
	Travel					7,200
	Posts e					200
	Manse Maintenance					3,500
	Council Tax					5,300
	Water Rates					1,100
	Insurance					3,800
	Advertisin
	Web site Desi n and		Malntenanc			800
	Quinquenn~ial Ins	ections				2,000
	Methodist Church	Fund Including		District Ex	nses	24,000
	District Levy					42,024
	Donations to Charity					750
	Preachers Ex enses					1,500
	Stations, Publicity,		Plans Etc.			2,500
	Circuit Accountin	Fee				2,700
	Interest on Loan					4,000
	Circuit 0/tice/Administration & tl~&MI					6,200 2,000
	SUB TOTAL					227,794

CFBare specifically desi	gnated to the appropriate	gnated to the appropriate	funds,
	General Fund		CMTF	2020
Central Finance Board		30,359		65,631
TMCP Trustees Interest	Account	73,943		133,634
Santander		22 354		55523
		131,656		254,888

		General	Total	2020
Assessments		37,662	37,662	44,888
Loan Interest		3,491	3,491
Connectional	Donations	667	667
Examiners Fees		600	600	600
Rental ofOffice		1,890	1,890	1890
		44,310	44,310	47,378