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