2020-08-31-accounts

		Page No.
Trust Information
Trustees' Report		5-7
Declarations
Independent Examiner's	Report
Statement of Flnandal	Adivities	10-11
Balance Sheet		12
Notes to the Accounts		13-17

			Notes to			Circuit Model	Designated
			the	General	Fund	Trust	Funds	Restricted		Endowment		Total
			accounts	(unrestricted)		(Unrestricted)	(unrestricted)	Funds		Funds		2019-20
				6		2				2
income
1 Donations and legacies					6,823							6,823
2 Income from monetary investments					187	1,917						2,106
3 Income from investment	properties											0
4 Assessments on Churches				186,460								186,460
5 Capital Receipts												0
6 Grat/ls I'ecelved					1,100							1,100
7 Other charitable income					5,440							5,440
8Total income				200,010		1,917						201,929
Expenditure
9 Grants and donations					218							218
10Salaries and associated	costs			I	26,959							126,959
11 Property maintenance					26,524							26,524
12Connexional assessment	6	model trust	levy		36,247							36,247
13District Assessment 8 Levy					7,679	9,031						16,710
14Depreciation												0
15Office expenses					127							127
16Other outgoings					33,721	461						34,182
17Total charitable expenditure				231 475		9,492	0		0		0	240967
18Gains/(losses) on monetary		investments										0
19Gains/(losses) on investment		propenies		111,890								111,890
20 Net Income/(expenditure)					80,425	-7,575	0		2			72,852
21 Transfers between funds					11,526		11,524		2
22 Other gains/(fosses)
23 Net movement in funds					91,951	7,575	-11rl24					72,852
24Total funds brought forward				2,008,770		230,626	30,824					2,270,220
25Total funds carried forward				2,100,721		223,051	19,300					2,343,072

			Notes to		Circuit	Model	Model	Designated
			the	General Fund	Trust			Funds	Restricted	Endowment		Total
			accounts	(Unrestricted)	(Unrestricted)			(unrestricted)	Funds	Funds		2018-19
				E	2				E	E		E
Income
1 Donations and legacies												0
2 Income from monetary investments				159		2,	111		78			2,348
3 Income from investment	properties											0
4 Assessments on Churches				190,966								190,966
5 Capital Receipts												0
6 Grants received												0
7 Other charitable income				46								46
8Total Income				191,171		2,111			78			193,360
Expenditure
9 Grants and donations				15,962	14,000				9,253			39,215
10Salaries and associated	costs			126,391								126,391
11 Property maintenance				7774								7,274
12Connexlonal assessmenl	3	model trust	levy	34,236								34,236
13District Assessment & Levy				6,436	10,245							16,681
14Depredation												0
15Office expenses				54
16Other outgoings				24,821			507		18			25,346
17Total charitable expenditure				215,174		24,752		0	9,271			249,197
18Gains/(losses) on monetary		investments
19Gains/(losses) on investment		properties		11,492
20 Net income/(expenditure)				-35,495	-22,641			0	.9,193			-67,329
21 Transfers between funds				7,726				7,726				0
22 Other gains/(losses)				92,557								92,557
23 Net movemenl in funds				49,336	-22,641			7,726	-9,193		0	25,228
24Total funds brought forward				1,959,434	253,267			23,098	9,193			2,244,992
25Total funds carried forward				?„008,770	230,626			30,824				2,270,220

									0 ~IFU d tunreat mime	0 ~IFU d tunreat mime	0 ~IFU d tunreat mime	0 ~IFU d tunreat mime		CI ultu& T mt	I	0	Ignalod Funds	Ignalod Funds	R	I lotod Fumls		em F	&	I	Tolak 2919I20	~TI k 2tt18rio
						H tea	lo	ak						)Unroelrtoled)		tu	oslrktedl
						Aooou		ts		2				2									2		6	6
																										IS42.541 s
ostAtohl ooomas										ssa.eea															634,884	88,000
Inxeslmenls																										0
Total		lixed		*	Is					2,042431					0			D			0			0	2,042 431	17130541
Cumn I Assets
Deutom																										6.488
toms Iho Cl OUII						Its	d	16			15.000														15,000
I mmtm ts Ih TMCP														223$6											223 051	230626
cmnmf Fmanm sowd	D For		Is								5.418														5416	48832
Cosh ol 88AU lmd In har d Tokf ov Ar				I ~o	!						19.401 oadrd			223.Dgt				300							38,701 384,528	103,296 389,242
Cone Ill&gttfee
crodaom idua I umk	I Year)						12
tartar Ik It'	mfA	21
Total			Itiaodguo								3	965						oi							3de5	49,563
Nst omrsnt	sssolmthbdgf				s									223,051			19.30D									339.879
To! I ol tsooosf			Ill	bgtfi	8					2,100,721				223,051			19.30D				0			0	2343.072	227022D
Long te m gas lilies
(due hftarmorethsno		eyea		)
0 t oa aors tire	Mn 21
		Not		assets						2,100,721				223,051			19,300							0	2,343,072	2S70,220
F nds fttmot«uh
Go O Ol F Ad IU 4Sthflrrd)							17			I	tthi	r.	t												2.100.721	2.008 770
co 5Ibukl Trmt Fumlium			slmted)																						223.051	230,626
cmlgnotetlFU tie(U	osokkm																19	MO							19,300	30,824
Tokl Unmsfdofm/Fu					ds																				2S43,072	2,270S20
RosVklod Fumis																										n
6Admmk n1Fmds
		Tofof Fvrtds								S100,7?I				2232)51			19,300								2,343072	2,270,22D

6Fees for examin	ation	oft	h	e ac	co	unts
									2019/20	2018/19
									I	I
Independent examiner's		fees	for reporting				on the accounts		1,140	1,140
Other fees (e.gx	advice,	accountancy				services) paid to the independent		examiner	720	720
									1860	1860
7 Paid employees
Staffcosts paid	during	the		year	were:				2019/20 I	2018/19 I
Gross wages, salaries and benefits					in	kind			102,915	97,693
Employer's National Insurance				costs					8,515	8,389
Pension costs									15,529	20,309
Total staff costs									126959	126391
Average monthly	employees		in the		year were:				6	6

		2019/20	2018/19
		E	E
Travel		5,892	5,719
Telephone	and internet	1,045	270
Training		222	150
Utilities		1,337	1,573
Council tax		7,181	6,883
Insurance		5,299	4,100
Removal expenses		9,156	0
Other expenses		3,590	6,126
MTF administration		461	525
Total		34 183	25 346

				2019/20	2018/19	2018/19
					E
Debtors				12,324		500
Stipends paid	in advance			9,059	5,988
HMRC JRS Grant				1,075		0
Total				22 458	6	488
Concesslonary	loan			15,000		0
Grand total				37458	6	488
Amounts due	in more	than	1year
Concessionary	loan			12000		0
12Current	liabilities			2019/20	2018/19
				E	E
Creditors				3,360	5,285
Assessments	received	in advance		625	44	278
Total				3985	49	563

4Tangible Fixe	d Assets
		Investment
		Properties E	Land E	Manses E	Total E
Cost and valuation
Balance brought	forward	88,000	1,017,583	824,958	1,842,541
Additions		0
Revaluations (+/-)		24,000	45,418	42,472	87,890
Disposals (-) Transfers (+/-)		822 864	252 223	270 661	522 884
Balance carried forward		634 8234	810778	596 769	1407 547
Accumulated
depreciation Balance brought	forward		0	0	0
Depreciation charge for
year (-)
Revaluations (+/-)
Disposals (-)
Transfers* (+/-)
Balance carried forward			0	0	0
Net book value
Brought forward		88 888	1017583	824 958	I 842 541
Carried forward		634 664	810778	596769	1407 547

		Investment	Land	Manses	Total
		Properties	E	E	E
		E
Cost			553,474	448,652	1,002,126
Valuation	in 2013		273,433	221,647	495,080
Valuation	in 2014		58,140	47,128	105,268
Valuation	in 2015		48,675	39,457	88,132
Valuation	in 2016		43,565	35,315	78,880
Valuation	in 2017		38,256	30,851	69,107
Valuation	in 2018		7,978	7,462	152440
Control acquired over asset (at valuation)		88,000
Valuation	in 2019		(5,938)	(5,554)	(11,492)
Valuation	In 2020	24,000	45,418	42,472	87,890
Property	reclassiflcatlon	522,547	(252,223)	(270,661)	(522,884)
As at31"August 2020		634 884	810778	596 769	I407 547

8For informa	tion only Money r	ec	eived and passed on to External	Organisations
				2019/20	2018/19
				6	6
Balance brought forward				46	0
Offerings/Gifts	—received for External		Organlsatlons	0	46
Offerings/Gifts	- passed to External	Organisatlons		0	0
Balance carried forward				46	46