| Note | GeneralFund (Unrestricted) |
DistrictAdvance Fund (Unrestricted) |
Designated Funds (Unrestricted) |
Restricted Funds |
Total 2021-22 |
Total 2020-21 |
|
|---|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | £ | ||
| IncomeandEndowments | |||||||
| Donationsandlegacies | |||||||
| Incomefrominvestments | 2,063 | 2,404 |
3,523 | 7,990 | 5,086 | ||
| Charitableactivities | |||||||
| Assessmentsoncircuits | 2 | 120,000 | 120,000 | 120,000 | |||
| CircuitModelTrustFunds | 206,132 | 206,132 | 118,779 | ||||
| ConnexionalAdvance&PropertyFund | 6,690 | 6,690 | 59,365 | ||||
| NewPlacesforNewPeopleConnexionalgrant | 10,000 | ||||||
| MissionAlongsidethePoorConnexionalgrant | 8,977 | 8,977 | |||||
| Totalincomefromcharitableactivities | 120,000 | 221,799 |
341,799 | 313,230 | |||
| Otherincome | 3 | 13,148 | 5,131 | 18,279 | 30,848 | ||
| Totalincomeandendowments | 135,211 | 224,203 |
5,131 | 3,523 | 368,068 | 344,078 | |
| Expenditure | |||||||
| Expenditureonactivities | |||||||
| Grantsanddonations | 5 | 2,990 | 101,916 |
12,202 | 117,108 | 74,301 | |
| Salariesandassociatedcosts | 6 | 132,071 | 450 | 5,118 | 137,639 | 125,267 | |
| Propertycosts | 7 | 28,947 | 28,947 | 25,596 | |||
| Office/Administrativeexpenses | 8 | 3,615 | 1273 |
534 | 5,422 | 5,505 | |
| Synods,CommitteesandConferences | 9 | 5,888 | 12,696 | 18,584 | 5,096 | ||
| Otheroutgoings | 10 | 2,396 | 14 | 271 | 2,681 | 3,971 | |
| Totalcharitableexpenditure | 175,907 | 103,189 |
25,362 | 5,923 | 310,381 | 239,736 | |
| NetIncome/(expenditure)beforeInvestment | |||||||
| gains/losses | -40,696 | 121,014 |
-20,231 | -2,400 | 139,079 | 104,342 | |
| Gains/lossinvalueofinvestmentassets | 11 | -4,522 | -9,045 | -13,567 | 33,494 | ||
| Netincoming/(outgoingresourcesbeforetransfers | -45,218 | -20,231 | -11,445 | -76,894 | 137,836 | ||
| Transfersbetweenfunds | 12 | 38,941 | -47,177 |
24,327 | -16,091 | ||
| Netincome/expenditurefortheyear | -6,277 | 73,837 |
4,096 | -27,536 | 44,120 | 137,836 | |
| Gainsontherevaluationoffixedassets | 13 | 50,000 | 50,000 | 50,000 | |||
| Totalfundsbroughtforward | 125,165 | 148,199 |
809,394 | 159,325 | 1,242,083 | 1,054,247 | |
| Totalfundscarriedforward | 118,888 | 222,036 |
863,490 | 131,789 | 1,336,203 | 1,242,083 |
| GeneralFund | DistrictAdvance | Designated | OtherFunds | Total | Total | ||
|---|---|---|---|---|---|---|---|
| Note | (Unrestricted) | Fund | Funds | (Restricted) | 2022 | 2021 | |
| (Unrestricted) | (Unrestricted) | ||||||
| £ | £ | £ | £ | £ | £ | ||
| TangibleFixedAssets | |||||||
| DistrictManse | 13 | 800000 | 800,000 | 750,000 | |||
| Investments | 15 | 80,464 | 121,935 | 202,399 | 215,967 | ||
| Totalfixedassets | 80,464 | 800,000 | 121,935 | 1,002,399 | 965,967 | ||
| CurrentAssets | |||||||
| DebtorsandPrepayments | 14 | 2,158 | 506 | 2,664 | 2,145 | ||
| InvestmentswithTMCP | 1 | 463,206 | 8,977 | 7,720 | 479,904 | 454,419 | |
| CentralFinanceBoarddeposits | 29,896 | 54,171 | 2,134 | 86,201 | 110,725 | ||
| CashatBankandinhand | 8,506 | 8,506 | 9,665 | ||||
| Totalcurrentassets | 40,561 | 463,206 |
63,654 | 9,854 | 577,275 | 576,954 | |
| Currentliabilities | |||||||
| CreditorsandAccruals(duein under1year) |
17 | 2,137 | 164 | 2,301 | 2,338 | ||
| Grantspayablein2022-23 | 18 | 173,820 | 173,820 | 192,500 | |||
| Totalcurrentliabilities | 2,137 | 173,820 | 164 | 176,121 | 194,838 | ||
| Netcurrent(liabilities)/assets | 38,424 | 289,386 | 63,490 | 9,854 | 401,154 | 382,116 | |
| Totalassetslesscurrentliabilities | 118,888 | 289,386 |
863,490 | 131,789 | 1,403,553 | 1,348,083 | |
| Longtermliabilities | |||||||
| Grantspayablefrom2023-24 | 18 | 67,350 | 67,350 | 106,000 | |||
| Netassets | 118,888 | 222,036 |
863,490 | 131,789 | 1,336,203 | 1,242,083 | |
| FundsoftheDistrict | |||||||
| GeneralFund(Unrestricted) | 24 | 118,888 | 118,888 | 125,165 | |||
| DistrictAdvanceFund (Unrestricted) |
24 | 222,036 | 222,036 | 148,199 | |||
| DesignatedFunds(unrestricted) | 24 | 863,490 | 863,490 | 809,394 | |||
| Totalunrestrictedfunds | 118,888 | 222,036 |
863,490 | 1,204,414 | 1,082,758 | ||
| RestrictedFunds | 24 | 131,789 | 131,789 | 159,325 | |||
| EndowmentFunds | - | ||||||
| TotalFunds | 118,888 | 222,036 |
863,490 | 131,789 | 1,336,203 | 1,242,083 |
| 2021-22 | 2020-21 | |
|---|---|---|
| £ | £ | |
| Layemployee-sharedcosts | 10,148 | 9,923 |
| WessexURCSynodrePortsmouthUniversityChaplaincy | 2,614 | |
| Contributionstowardsthecostsofconferences/trainingcourses | 2,517 | 425 |
| ContributionstowardsDistrictmansecosts | 3,000 | 18,000 |
| DistributionofBournemouthUniversityChaplaincysurplus | - | 2,500 |
| Total | 18,279 | 30,848 |
| 2021-22 | 2020.21 | ||
|---|---|---|---|
| £ | £ | ||
| Travelexpenses | 1,311 | 154 | |
| Otherreimbursedexpenses | 4,114 | 2,145 | |
| Total | 5,425 | 2,299 |
| 2021-22 | 2020-21 | |
|---|---|---|
| Unrestricted: | ||
| FromtheGeneralFund | ||
| FromtheDistrictAdvanceFund | 101,916 | 66,400 |
| FromtheDistrictDevelopmentFund | 2,353 | 2,961 |
| FromthePortsmouthChaplaincyFund | 9,849 | |
| Other | ||
| -ChurchesTogethersubscriptions | 2,990 | 2,990 |
| Subtotal | 117,108 | 72,351 |
| Restricted: | ||
| -FromBenevolentFund | 1,950 | |
| Subtotal | 1,950 | |
| Total | 117,108 | 74,301 |
| Givento | £ | Typeofgrant | £ | ||
|---|---|---|---|---|---|
| Churches | 36,502 | Ministry | 142,944 | ||
| Circuits | 45,744 | Property | 16,302 | ||
| Institutions | 22,000 | ||||
| MethodistChurchPensionsReserve | 55,000 | ||||
| 159,246 | 159,246 | ||||
| AccruedgrantsAugust2022 | 241,170 | ||||
| AccruedgrantsAugust2021 | 298,500 | ||||
| 101,916 | |||||
| PortsmouthUniversityChaplaincyFund | 7,350 | ||||
| District | 30,850 | ||||
| MissionAlongsidethePoorFund | 8,977 |
| areinsignificant(principallybecausethesecretaryoftheGrantsComm work)andarenotseparatelydisclosed. Salariesandassociatedcosts |
itteeisavolunteerandundertakesthevastm | ajorityofthis |
|---|---|---|
| 2021-22 | 2020-21 | |
| £ | £ | |
| Salaries | 107,744 | 103,150 |
| Employer'sNationalInsurancecontributions | 10,132 | 9,163 |
| Employer'spensioncontributions | 6,172 | 6,025 |
| Totalsalariescosts | 124,048 | 118,338 |
| ChairsTravel&Expenses | 6,170 | 3,423 |
| OtherStaffCosts | 2,238 | 2,464 |
| Removalexpenses | 1,080 | |
| StaffTravel | 4,103 | 1,042 |
| 13,591 | 6,929 | |
| Totalstaffandassociatedcosts | 137,639 | 125,267 |
| 2021-22 | 2020-21 | |
|---|---|---|
| £ | £ | |
| Hireofpremises | 660 | 300 |
| Chair'smanseandDistrictmansecosts | 28,287 | 25,296 |
| - | - | |
| Total | 28,947 | 25,596 |
| 2021-22 | 2020-21 | |
|---|---|---|
| £ | £ | |
| Printing,postageandstationery | 215 | 467 |
| Telephonecosts | 1,145 | 969 |
| Equipment | 409 | 1,463 |
| Insurance | 1,528 | 1,445 |
| Safeguardingsupport | 215 | |
| TotalchargedtotheGeneralFund | 3,512 | 4,344 |
| TMCPmanagementfeesforinvestmentfunds(note11) | 1,910 | 1,161 |
| Total | 5,422 | 5,505 |
| 2021-22 | 2020-21 | ||
|---|---|---|---|
| £ | £ | ||
| Synodexpenses | 2,198 | 2,522 | |
| Training&conferences | 3,690 | 1,156 | |
| Travelexpenses-committees | 12,696 | 1,420 | |
| Total | 18,584 | 5,098 |
| Otheroutgoings | |||
|---|---|---|---|
| 2021-22 | 2020-21 | ||
| £ | £ | ||
| Professionalfees | 530 | 1,604 | |
| ChurchesTogetherHampshireandIsleofWight | 175 | 175 | |
| DistributionofPortsmouthUniversityChaplaincyfunds | 425 | ||
| Sundryoutgoings | 1,975 | 1,767 | |
| Total | 2,680 | 3,971 |
| TheDistrictmansewasrevaluedat31August2022bySpar | ksEllisonEstateAgents.The | valuationat31March2 | 021was£750,0 |
|---|---|---|---|
| Land | Buildings | Total | |
| £ | £ | £ | |
| Balancebroughtforwardat1September2021 | 260,000 | 490,000 | 750,000 |
| Revaluationsintheyear | 40,000 | 10,000 | 50,000 |
| Balancecarriedforwardat31August2022 | 300,000 | 500,000 | 800,000 |
| Debtorsandprepayments Debtorsandprepaymentsweremadeupasfollows: |
||||
|---|---|---|---|---|
| 2021-22 | 2020-21 | |||
| £ | £ | |||
| Tradedebtors | ||||
| ChannelIslandsDistrict | 1,096 | 1,049 | ||
| WessexSynod | 947 | 626 | ||
| 2,043 | 1,675 | |||
| Prepaymentsandaccruedincome | ||||
| Paymentsinadvance | 621 | 470 | ||
| Otheraccruedincome | ||||
| 621 | 470 | |||
| Total | 2,664 | 2,145 |
| DistrictReserve | |||
|---|---|---|---|
| (formspartofthe | MIHFund | Total | |
| GeneralFund) | |||
| £ | £ | £ | |
| Balancebroughtforwardat1September2021 | 71,986 | 143,980 | 215,966 |
| Unrealisedgainsonrevaluation | 0 | 0 | 0 |
| Unrealisedlossesonrevaluation | 4,522 | 9,045 | 13,567 |
| TransfertotheGeneralFund(mansecosts) | 13,000 | ||
| Balancecarriedforwardat31August2022 | 67,464 | 147,935 | 215,399 |
| Creditorsandaccruedexpenses | ||
|---|---|---|
| 2021-22 | 2020-21 | |
| £ | £ | |
| Creditors: | ||
| Tradecreditors | 226 | 1,596 |
| Totalcreditors | 226 | 1,596 |
| Accruals: | ||
| Receiptsinadvance | 164 | 198 |
| IndependentExaminer | 530 | 530 |
| Reimbursedexpenses | 1,381 | 14 |
| Totalaccruals | 2,075 | 742 |
| Totalofcreditorsandaccruedexpenses | 2,301 | 2,338 |
| Grantsof£241,170werecommittedasat31August2022 | whicharepayableinfutureyears: | |||
|---|---|---|---|---|
| Payable | at31 | Payable | at31 | |
| August | 2022 | August | 2021 | |
| £ | £ | |||
| Currentliability | ||||
| Payablein2022-23 | 173,820 | |||
| Payablein2021-22 | 192,500 | |||
| Longtermliability | ||||
| Payablein2022-23 | 69,500 | |||
| Payablein2023-24 | 37,350 | 16,500 | ||
| Payablein2024-25 | 10,000 | 10,000 | ||
| Payablein2025-26 | 10,000 | 10,000 | ||
| Payablein2026-27 | 10,000 | |||
| Totalcommitment | 2410170 | 298,500 |
| 24Summaryofmovementsons | ignificantindiv | idualfunds | ||||
|---|---|---|---|---|---|---|
| UnrestrictedFunds | ||||||
| UnrestrictedFundName | Opening | Income | Expenditure | Unrealised | Transfers | Closing |
| Balance | investmet | Balances | ||||
| lossesand | ||||||
| revaluations | ||||||
| £ | £ | £ | £ | £ | ||
| GeneralFund | 125,165 | 135,211 | 175,907 | -4,522 | 38,941 | 118,888 |
| DistrictDevelopmentFund | 59,394 | 2,517 | 15,063 | 8,000 | 54,848 | |
| DistrictAdvanceFund | 148,199 | 224,203 | 103,189 | -47,177 | 222,036 | |
| PortsmouthChaplaincy | 0 | 2,614 | 10,299 | 7,350 | -335 | |
| MissionAlongsidethePoor | 0 | 8,977 | 8,977 | |||
| PropertyReserve | 750,000 | 50,000 | 800,000 | |||
| Totals | 1,082,758 | 364,545 | 304,458 | 45,478 | 16,091 | 1,204,414 |
| RestrictedFundName | Opening | Income | Expenditure | Unrealised | Transfers& | Closing |
| Balance | investment | accruals | Balance | |||
| losses | ||||||
| £ | £ | £ | £ | £ | £ | |
| BenevolentFund | 681 | 681 | ||||
| District(MIH)Fund | 151,701 | 3,522 | 432 | -9,045 | 16,091 | 129,655 |
| ChurchesTogetherHampshire | 782 | 175 | 607 | |||
| andtheIslands | ||||||
| NewPlacesforNewPeople | 6,161 | 5,315 | 846 | |||
| Totals | 159,325 | 3,522 | 5,922 | -9,045 | 16,091 | 131,789 |
| GeneralFund (Unrestricted) |
District AdvanceFund (Unrestricted) |
Designated Funds (Unrestricted) |
Restricted Funds |
Total 2020-21 |
2019-20 Total |
|
|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | £ | |
| IncomeandEndowments | ||||||
| Donationsandlegacies | 38,876 | |||||
| Incomefrominvestments | 1,251 | 1,552 | 2,283 | 5,086 | 8,111 | |
| Charitableactivities | ||||||
| Assessmentsoncircuits | 120,000 | 120,000 | 130,000 | |||
| CircuitModelTrustFunds | 118,779 | 118,779 | 155,439 | |||
| ConnexionalAdvance&PropertyFund | 59,365 | 59,365 | 18,311 | |||
| NewPlacesforNewPeoplegrant | 10,000 | 10,000 | ||||
| Totalincomefromcharitableactivities | 121,251 | 179,696 | 0 | 12,283 | 313,230 | 350,737 |
| Otherincome | 30,423 | 425 | 30,848 | 14,713 | ||
| Totalincomeandendowments | 151,674 | 179,696 | 425 | 12,283 | 344,078 | 365,450 |
| Expenditure | ||||||
| Expenditureonactivities | ||||||
| Grantsanddonations | 2,990 | 66,400 | 2,961 | 1,950 | 74,301 | 154,461 |
| Salariesandassociatedcosts | 122,446 | 2,821 | 125,267 | 168,783 | ||
| Propertycosts | 25,596 | 25,596 | 22,445 | |||
| Office/Administrativeexpenses | 3,504 | 752 | 1,249 | 5,505 | 5,128 | |
| Synods,CommitteesandConferences | 3,941 | 1,155 | 5,096 | 23,270 | ||
| Otheroutgoings | 2,983 | 756 | 232 | 3,971 | 1,421 | |
| Totalcharitableexpenditure | 161,460 | 67,152 | 4,872 | 6,252 | 239,736 | 375,508 |
| Netincome/(expenditure)before | ||||||
| investmentgains/losses | -9,786 | 112,544 | -4,447 | 6,031 | 104,342 | -10,058 |
| GainsonInvestmentassets | 11,164 | 22,330 | 33,494 | 3,276 | ||
| Netincoming/(outgoingresources | ||||||
| beforetransfers | 1,378 | 112,544 | -4,447 | 28,361 | 137,836 | -13,334 |
| Transfersbetweenfunds | 21,893 | -19,605 | -295 | -1,993 | 0 | 0 |
| Netincome/expenditurefortheyear | 23,271 | 92,939 | -4,742 | 26,368 | 137,836 | -13,334 |
| Gains/(Losses)onrevaluationoffixed | ||||||
| assets | 50,000 | 50,000 | 170,000 | |||
| Totalfundsbroughtforward | 101,894 | 55,260 | 764,136 | 132,957 | 1,054,247 | 897,581 |
| Totalfundscarriedforward | 125,165 | 148,199 | 809,394 | 159,325 | 1,242,083 | 1,054,247 |