2020-08-31-accounts

		Page
Trustees' report		1-4
Statement ofTrustees'	responsibilities
Independent auditor's	report
Statement offinancial	activities
Statement offinancial	position
Statement ofcash flows		10
Notes to the financial	statements	11-21

Active	Area	Ministers	Rev Irena Byron
			Deacon Bryanell Rop
			Rev Amanda Roper
			Rev Paul Tabraham
			Rev Andy Melvin
			Rev William Fletcher
			Rev Andrew Mills
			Rev Keith Morrison
			Rev Darryl Sinclair
			Rev Memona Shahbaz
			Rev Marlin Miller

			Unrestricted	Restricted	Total Unrestricted	Total Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2020	2020	2020	2019	2019	2019
		Notes	f				as restatedf
Income from:
Donations and legacies			1,000		1,000	800		800
Charitable activities			355,403		355,403	309,779		309,779
Investments			4,403	20	4,423	3,942	19	3,961
Other income						442,101		442,101
Total income			360,806	20	360,826	756,622	19	756,641
~Ex ~ltffgg;
Charitable activities			550,861	2,760	553,621	630,530		630,530
Net (expenditure)/income
for the year/
Net movement	in funds		(190,055)	(2,740)	(192,795)	126,092	19	126,111
Fund balances at 1
September 2019			177,270	3,672,740	3,850,010	51,177	3,672,721	3,723,898
Fund balances	at 31
August 2020			(12,785)	3,670,000	3,657,215	177,270	3,672,740	3,850,010

		2020		2019
				as restated
	Notes			6
Fixed assets
Property, plant and equipment			3,670,000		3,670,000
Current assets
Trade and other receivables	13	34,240		24,580
investments	14	471,430		542,568
Cash at bank and in hand		65,168		62,926
		570,838		630,074
Current liabilities	15	(583,623)		(440,064)
Net current giabilltles)/assets			(12,785)		190,010
Total assets less current liabilities			3,657,215		3,860,010
Non-current liabilities					(10,000)
Net assets			3,657,215		3,850,010
Income funds
Restricted funds	18		3,670,000		3,672,740
Unrestricted funds			(12,785)		177,270
			3,657,215		3,850,010

					2020		2019
				Notes	F
Cash flows from operating		activities
Cash absorbed by operations				21		(73,319)
Investing activities
Proceeds on disposal of property,			plant
and equipment							442,101
Transferred from/(to) investments					71,138		(400,114)
Income from investments					4,423		3,961
Net cash generated from	Investing
activities						75,561
Net increase/(decrease)	in	cash	and	cash
equivalents						2,242
Cash and cash equivalents		at beginning		ofyear		62,926
Cash and cash equivalents		at end of		year		65,168

		2020f	2019f
Miscellaneous		470	1,424
Charitable rental	income	15,187	21,422
Contributions		339,746	286,933
		355,403	309,779

		Unrestricted	Restricted	Total	Unrestncted	Restricted	Total
		funds	funds		funds	funds
		2020	2020f	2020f	2019 f	2019 f	2019 f.
Interest	receivable	4,403	20	4,423	3,942	19	3,961

							Total	Unrestricted
								funds
							2020	2019
							f	f
Net	gain	on	disposal	oftangible	fixed	assets		442,101

					2020	2019
					6
	Staff costs				208,162	168,084
	Contributions: Methodist			Church fund		52,088
	Contributions: South	East District			11,714	9,938
	Training and fellowship		meetings		675	435
	Telephone and broadband				2,943	3,173
	Travel and expenses				11,481	19,595
	Pulpit supplies				1,150	4,361
					290,669	257,674
	Grant funding ofactivities			(see note 8)	169,916	273,516
	Share ofsupport costs (see note 9)				86,994	93,184
	Share ofgovernance	costs (see note 9)			6,042	6,156
					553,621	630,530
	Analysis by fund
	Unrestricted funds				550,861	630,530
	Restricted funds				2,760
					553,621	630,530
8	Grants payable
					2020	2019
					6
	Grants to institutions:
	Central Sussex Area	Church Projects			167,156	273,516
	Other				2,760

9	Support costs	Support costs
			Support	Governance	Total	Support	Governance	Total
			costs f	costs f	2020	costs	costsf	2019f
	Staff costs		6,760		6,760	6,511		6,511
	Area Advance	fund levy
	and management		33,028		33,028	4,908		4,908
	Rates and utilities		14,741		14,741	11,383		11,383
	Property maintenance and refurbishment		19,488		19,488	56,439		56,439
	Oflice rent		600		600	1,000		1,000
	Subscriptions					36		36
	Administration		4,897		4,897	3,794		3,794
	insurance		7,051		7,051	7,252		7,252
	Sundry expenses		429		429	1,861		1,861
	Audit fees			2,444	2,444		2,850	2,850
	Accountancy			2,400	2,400		2,350	2,350
	Payroll costs			1,058	1,058		704	704
	Bank charges			140	140		252	252
			86,994	6,042	93,036	93,184	6,156	99,340
	~dl db d
	Charitable activities		86,994	6,042	93,036	93,184	6,156	99,340

		2020	2019
		Number	Number
Methodist Ministers
Administration
Total
Employment	costs	2020	2019
		6	F
Wages and salaries		160,748	130,327
Social security	costs	14,063	11,529

11	Employees	(Continued)
	Other pension costs		40,111	32,739
			214,922	174,595

Property, plant and equipment
	Land	and buildingsf
Cost
At 1 September 2019		3,670,000
At 31August 2020		3,670,000
Carrying amount
At 31August 2020		3,670,000
At 31August 2019		3,670,000

Trade an	d other receivables	d other receivables
Amounts	falling due within one year:		2020f	2019f
Stipends	in	advance	17,687	18,436
Prepayments		and accrued income	16,553	6,144
			34,240	24,580

14	Current asset Investments	Current asset Investments
				2020	2019
	Trustees for Methodist	Church Purposes	(Model Trust Fund)	471,430	542,568
15	Current liabilities
				2020	2019
	Assessments received	in advance		39,127	34,532
	Grant commitments			531,016	367,016
	Other payables			8,432	33,272
	Accruals and deferred	income		5,048	5,244
				583,623	440,064
16	Nonwurrent liabilities
				2020 8	2019f
	Grant commitments				10,000

			Movement		Movement	in funds
			In funds
		Balance at	Incoming	Balance at	Incoming	Resources	Balance at
		1September 2018 f	resources f	1September 2010 f	resources	expended	31August 2020f
Model Trust Fund-
Properties		3,670,000		3,670,000			3,670,000
The Haven Church	Day
School		2,721	19	2,740	20	(2,760)
		3,672,721	19	3,672,740	20	(2,760)	3,670,000

Analysis	of net as	sets between funds	sets between funds
		Unrestricted		Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2020 f	2020 F	2020	2019 f.	2019	2019 f
Fund balances are		represented	by:
Property,	plant and
equipment				3,670,000	3,670,000		3,670,000	3,670,000
Current assets/
(liabilities)			(12,785)		(12,785)	187,270	2,740	190,010
t.ong term	liabilities					(10,000)		(10,000)
			(12,785)	3,670,000	3,657,215	177,270	3,672,740	3,850,010