| AC | COUNTS FOR THE | YEAR | ENDED 31AU | GUST 2022 | Seedfiel | d Method | ist | Church | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SECTION A | Unrestricted Funds |
Restricted Funds |
Totals this year |
Totals last year |
||||||
| a1 | RECEIPTS | Note | ||||||||
| Offerin s and Tax recovered Bank and CFBinterest and |
61,757.24 | 10,322.60 | 72,079.84 | 62,945.00 | ||||||
| Investment income |
693.95 | 693.95 | 292.00 | |||||||
| a4 | Lettin s | 3,490.00 | 3,490.00 | 350.00 | ||||||
| a5 | Other receipts (Ret | Off + Bagwell) | 866.17 | 866.17 | 5,576.00 | |||||
| a6 | TOTAL RECEIPTS | 66,807.36 | 10,322.60 | 77,129.96 | (a7) | 69,163.00 | ||||
| SECTION B | ||||||||||
| b1 | PAYMENTS | |||||||||
| b2 | Circuit Assessment | or Share | 58,639.00 | 58,639.00 | 59,492.00 | |||||
| Donations | 1,065.17 | 1,065.17 | 600.00 | |||||||
| Repairs + Maintenance + Cleanin Utilities (Insurances, water |
13,289.02 | 13,289.02 | 1,367.00 | |||||||
| charges, heating 8 lighting) |
13,483.24 | 13,483.24 | 12,218.00 | |||||||
| b6 | Communications/Junior Church/Worship |
6,065.95 | 6,065.95 | 4,002.00 | ||||||
| b7 | Other payments: Bagwell/CAP/Refund |
8,100.00 | 8,100.00 | 5,000.00 | ||||||
| b8 | TOTAL PAYMENTS | 100,642.38 | 100,642.38 | (b9) | 82,679.00 | |||||
| SECTION C | ||||||||||
| NET RECEIPTS/PAYMENTS | ||||||||||
| c1 | FOR THE YEAR | (a6-b8) | (33,835.02) | 10,322.60 | (23,512.42) | (13,516.00) | ||||
| Total funds brought | forward | from | ||||||||
| c2 | last year | 208,043.64 | 16,213.00 | 224,256.64 | (c6 | 237,772.64 | ||||
| c3 | Sub total | (c1+c2) | 174,208.62 | 26,535.60 | 200,744.22 | 224,256.64 | ||||
| c4 | Transfers and ad'ustments |
(c7) | ||||||||
| c5 | TOTAL FUNDS AT | END OF YEAR | (c3+c4) | 174,208.62 | 26,535.60 | 200,744.22 | (c8) | 224,256.64 | (c6) |
| d1 | Balance brought forward |
from last | ear | 4,654 | 4,078 | |
|---|---|---|---|---|---|---|
| d2 | Offerin s/Gifts - received |
for external or | anisations | 816 | 576 | |
| d3 | Offerings/Gifts -passed |
to external | organisations | 1,850 | ||
| d4 | BALANCE STILLTO BEPAID | (d1+d2-d3) | 3,620 | 4,654 |
| SUMMARY OF CHURC | H ACC | OUNTS AND INTERNAL ORGANISA | OUNTS AND INTERNAL ORGANISA | OUNTS AND INTERNAL ORGANISA | OUNTS AND INTERNAL ORGANISA | OUNTS AND INTERNAL ORGANISA | OUNTS AND INTERNAL ORGANISA | OUNTS AND INTERNAL ORGANISA | OUNTS AND INTERNAL ORGANISA | OUNTS AND INTERNAL ORGANISA | TIONS REP |
TIONS REP |
TIONS REP |
ORT | ING | TO TH | E CHUR | CH COUNCIL | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SECTION E | Please follow the Guidance Notes | to com lets | this | a | e | |||||||||||||||||||||
| Summary ofthe Church |
accounts | for the | year ended 31August | 2022 and | Internal | Organisations | reporting | to the Church | Council/Church | Meeting. Note | that the | funds of | ||||||||||||||
| an Internal Organisation |
would | normally | be | Restricted funds unless | it could be | clearly | shown that | they could be used for any Methodist | purpose. | This | section must be | |||||||||||||||
| completed to arrive at the gross income |
and | expenditure totals ofthe Church. |
Ifgross | income exceeds the | Accruals threshold, | then the | Accruals | method ofaccounting | ||||||||||||||||||
| AND A DIFFERENT FORM must | be | used | to | report the | accounts | (see Methodist website). | Please refer to | the guidance | notes regarding | transfers | between the District | |||||||||||||||
| and connected District |
Oraanisations. | |||||||||||||||||||||||||
| INTERNAL | Net | Receipts/ | Opening | |||||||||||||||||||||||
| ORGANISATIONS | Receipts | Payments | Payments | Adjustments | balances | Closing | balances | |||||||||||||||||||
| el | ||||||||||||||||||||||||||
| c2 | ||||||||||||||||||||||||||
| 03 | ||||||||||||||||||||||||||
| e4 | ||||||||||||||||||||||||||
| e6 | ||||||||||||||||||||||||||
| C7 | ||||||||||||||||||||||||||
| Sub total of Internal | ||||||||||||||||||||||||||
| Organisations funds |
e11 | e12 | ||||||||||||||||||||||||
| Church accounts (totals ~ght forward from page |
||||||||||||||||||||||||||
| e9 | &tais column) | 77,130 (a7) | 100,642 | (b9) | (23,512) | (c7) | 224,257 | (c6) | 200,744 | (c6) | ||||||||||||||||
| el0 | BYCHURCH | 77,130 | 100,642 | (23,512) | 224,257 | (x) | 200,744.22 | (y) | ||||||||||||||||||
| Continue on a separate ifnecessary and bring |
sheet the |
TOTAL | RECEIPTS | TOTAL PAYMENTS |
||||||||||||||||||||||
| totals forward | ||||||||||||||||||||||||||
| SECTION F | ||||||||||||||||||||||||||
| STATEMENT OFASSETS AND LIABILITIES | ||||||||||||||||||||||||||
| OPENING | CLOSING | |||||||||||||||||||||||||
| CHURCH - CASH FUNDS HELD | at | 31 Au | ust 2022 | BALANCES | BALANCES | |||||||||||||||||||||
| fl | Cashin hand |
|||||||||||||||||||||||||
| f2 | Bank Current Account | 66,612.54 | 46,763.93 | |||||||||||||||||||||||
| f3 | Bank De osit Account | Ma'or Pro'ect Fund | 16,213.00 | 26,535.50 | ||||||||||||||||||||||
| f4 | Central Finance Board | 141,431.10 | 127,374.69 | |||||||||||||||||||||||
| f5 | Trustees for Methodist | Church | Pur oses | |||||||||||||||||||||||
| f6 | Other funds (adjustment) | 50 | ||||||||||||||||||||||||
| i TOTAL - Church | accounts | 224,257 | (c6) | 200,744 | (c6) | |||||||||||||||||||||
| Total funds held by Internal Organisations |
(the closing | |||||||||||||||||||||||||
| f5 | balance total from above) (e12) | (e11) | (e12) | |||||||||||||||||||||||
| f9 | TOTAL CASH FUNDS | HELD | BYCHURCH | 224,257 | (x) | 200,744.22 | (y) | |||||||||||||||||||
| SECTION G | At | At | ||||||||||||||||||||||||
| 1 September 2021 | 31August 2022 | |||||||||||||||||||||||||
| OTHER ASSETSand | LIABILITIES | |||||||||||||||||||||||||
| Investments include Endowments |
14,282.72 | 13,993.91 | ||||||||||||||||||||||||
| Land 8 Buildin s see |
notes re Insurance | value | 2,258,753.00 | 2,504,928.00 | ||||||||||||||||||||||
| Other Assets | ||||||||||||||||||||||||||
| Loan s - show amount | outstandin | at | ear end | |||||||||||||||||||||||
| Other Liabilities |