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|||Page No.|
|---|---|---|
|Trust Information||1-2|
|Trustees'<br>Report||3-5|
|Declarations|||
|Independent<br>Examiner's|Report||
|Statement of Financial|Activities||
|Balance Sheet|||
|Notes to the Accounts||10-14|





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|Berkshire Surrey Borders Methodist<br>Circuit|||||||Circuit No||36/02|
|---|---|---|---|---|---|---|---|---|---|
|Statement of Financial AcUvltles (SOFA)|forthe year ended 31August 2022<br>Notes to<br>Circuit Model|||Designated||||||
||the|General<br>Fund|Trust|Funds|Restricted||Endowment||Total|
||accounts|(Unrestricted)<br>E|(Unrestricted)<br>I|(unrestricted)<br>I|Funds<br>E||Funds<br>I||2021-22<br>E|
|Income||||||||||
|I<br>Donations<br>and legades<br>2<br>Income from monetary<br>Investments<br>3<br>Income from Investment<br>properties<br>4<br>Assessments<br>on Churches<br>5<br>Capital Receipts<br>6<br>Grants received<br>7<br>Other chantable<br>Income<br>8ToteI Income||169<br>21,600<br>192,876<br>92<br>214737|702<br>702||||||0<br>871<br>21,600<br>192,876<br>0<br>0<br>92<br>215,439|
|Expenditure<br>9<br>Grants and donations<br>10Salaries and assadated<br>costs<br>11Property<br>maintenance<br>12Cannexlonal<br>assessment<br>It model trust levy<br>13District Assessment<br>Ik Levy<br>14Depreciation<br>15 Oflice expenses<br>16Other outgoings<br>17Total charitable<br>expenditure<br>18Gains/(losses)<br>on monetary<br>Investments<br>19Gains/(losses)<br>on Invesbnent<br>properties<br>20 Net Income/(expenditure)<br>21Transfers<br>between<br>funds<br>22 Other gains/(losses)<br>23 Net movement<br>In funds<br>24 Total funds brought<br>forward<br>25Total funds carried forward||160,174<br>4,040<br>37,736<br>10,205<br>40,941<br>253096<br>175,974<br>137,615<br>14,0'lg<br>151655<br>2,222,137<br>2<br>73792|5,957<br>482<br>6439<br>(5,737)<br>(25,000)<br>30737<br>169,146<br>138409|0<br>10,960<br>10960<br>20,667<br>31,627||0<br>0||0<br>0<br>0<br>0|0<br>160,174<br>4,040<br>37,736<br>16,162<br>0<br>0<br>4tpt23<br>259535<br>0<br>175,974<br>131878<br>0<br>0<br>131878<br>2,411,950<br>2,543 828|
|Statement of Financial<br>Activities (SOFA)|forthe year ended 31August 2021<br>Notes to<br>Circuit Model<br>the<br>Gerieral Fund<br>Tilrst|||Designated<br>Funds|Restricted||Endowment||Total<br>2020.|
||accounts|(Unrestricted)<br>E|(Unreshicted)<br>E|(unrestricted)<br>E|Funds<br>E||Funds<br>I||21<br>I|
|Income||||||||||
|I<br>Donations<br>and legades<br>2<br>Income fram monetary<br>Investments<br>3<br>Incame from investment<br>properties<br>4 ~eats<br>on Churches<br>5<br>Capllal Receipts<br>6<br>Grants received||48<br>5830<br>137032<br>133|||||||0<br>548<br>5830<br>137032<br>0<br>133|
|7<br>Other charitable<br>income<br>8Total Income||143043|500|||||0|143543|
|Expenditure<br>9<br>Grants and donations<br>10Salaries and assodated<br>costs<br>11Property<br>maintenance<br>12Connexional<br>assessment 8model trust levy<br>13District Assessment<br>Er Levy<br>14Depredabon<br>15 Oflice expenses<br>16Other outgoings<br>17Total charitable<br>expenditure<br>18Gains/(losses)<br>on monelary<br>invesbnents<br>19Gains/(losses)<br>on investment<br>properties<br>20 Net income/(expenditure)<br>21Transfers<br>between<br>funds<br>22 Other gains/(losses)<br>23 Net movement<br>In funds<br>24 Total funds brought<br>forward<br>25Total funds carried forward||17500<br>155911<br>6133<br>37980<br>7894<br>37888<br>263306<br>189763<br>69500<br>43938<br>7978<br>121416<br>2100721<br>2222137|8653<br>446<br>9099<br>-8599<br>M5306<br>-53905<br>223051<br>169146<br>0<br>1367<br>1367<br>19300<br>20667|||0<br>0||0<br>0|17500<br>155911<br>6133<br>37980<br>16547<br>0<br>0<br>38334<br>272405<br>0<br>189763<br>60901<br>-I<br>7978<br>68878<br>2343072<br>2411950|





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|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Berkshhe Surrey Bordms Methmgst|Qrcult||||||||||Circuit Mo||
|||Mota5 to t<br>Accounts|Balance Sheet asat31Augmt <br>General<br>Fund<br>Qrcult Modal<br>&Unrasbtcted)<br>Trusts<br>(Un estrbtedt<br>1<br>E||2022<br>Designated<br>Fuud5<br>IUnresbictedl<br>I|Re5tllctod<br>Funds<br>E||Budowurerlt<br>Funds<br>1||Tobsls<br>2021/22<br>I|D<br>Totem<br>2010/21<br>E||
|Fixed Assets<br>Qrcult Menses 8 E<br>ul<br>ent<br>lnvesunent<br>lnveshnblls<br>Total Need assets||14<br>14|1674 219<br>629949<br>304,168|0|0||0||0|1674219<br>6299I9<br>0<br>304168|I 545 910<br>582 284<br>0<br>128194||
|Current Assets|||||||||||||
|Debtors<br>Iobw<br>the Qmuh<br>Investments<br>with TMCP<br>Cenhal<br>Mna<br>Cash at Bank and in hand<br>Tofu/ brrrmrf oswlfs||12|27 628<br>62 793<br>55 253<br>147 174|138409<br>136409|31627<br>31027|||||27 628<br>6279<br>317210|45<br>169I<br>92 5<br>7,882<br>35 724||
|Current Babgltles<br>Itors<br>due in<br>I||12|550|||||||72 550|58958||
|Gmnb<br>le within 20 2-23<br>Toe&I currerrt Iis Diodes<br>Net curserstuswrls<br>IluNIIUus||12|77 550<br>69824|138<br>9|31627||||0|77550<br>239660|63958<br>286 756||
|ronfmsefshmsc<br>woof geodlbrb|||2,373791|138<br>9|31627||0||0|2 5433I28|~26,950||
|long term<br>es|||||||||||||
|duuabarmorethanone<br>ear|||||||||||||
|nb<br>ahb<br>2072-23|||||||||||||
|to the Qrcu|||||||||||||
|Iyerusmds<br>Porn/Un|||1373,792|136,409|31,627|||||2 543828|411950||
|Funds oftha Circuit<br>General<br>Fund<br>Unrestricted<br>Q<br>Model TIU5t<br>D<br>Imbd Furlds<br>Unrashksed<br>usoycfud|Funds|17<br>17<br>17|2 373792|l36 409|31627|||||316<br>2 543 82|137<br>169146<br>411950||
|Restrkted<br>Funds|||||||||||||
|Endowment<br>Funds<br>Potu/|Fbmb||2,373791|138409|31,627|||||2,543,828|2411950||





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|~ments<br>were waived for a qu<br>4Gains on investments|arte|r<br>if it t|ook|a church<br>below|4|month|s ofrese|rves. The d|eficit|was met from|reserves.|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||2021/22|2020/21|
|||||||||||I|I|
|Property<br>revaluation<br>(Unrealised)<br>Investment<br>property<br>revaluation|(Unrealised)|||||||||128,309<br>47 665<br>17597'}|138,363<br>51400<br>189763|
|5 Payment to Trustees||||||||||||
|Five trustees<br>received remuneration|in relation to their employment|||||with|the Charity as ministers|||or lay employees.||
|There were no other payments<br>made||to trustees||for additional|services||provided|to the Circuit.||||
|Trustee expenses<br>reimbursed||||||||||2021/22|2020/21|
|Number ofTrustees<br>reimbursed||||||||||3|8|
|Total amount<br>reimbursed||||||||||65470|64 849|
|Expense payments<br>primarily<br>relate|to|reimbursement<br>for travel|||costs for||attending|meetings,|plus|reimbursement|ofcosts|
|paid directly<br>by Circuit Officers.||||||||||||
|6Fees for examination<br>ofthe|accounts|||||||||||
|||||||||||2021/22|2020/21|
|||||||||||I|I|
|Independent<br>examiner's<br>fees for reporting<br>on <br>Other fees (e.g. advice, accountancy<br>services)||||the accounts<br>paid to the independent|||examiner|||1,200<br>1302<br>2 502|1,200<br>800<br>2 000|
|7 Paid employees||||||||||||
|Staff costs paid during the year||were:||||||||2021/22<br>I|2020/21<br>I|
|Gross wages, salaries and benefits<br>in kind<br>Employer's<br>National<br>Insurance<br>costs<br>Pension costs||||||||||125,069<br>11,700<br>23,405|115,732<br>10,815<br>29,364|
|Total staff costs||||||||||160174|155911|
|Average<br>monthly<br>employees<br>in the||year were:||||||||9|8|
|No employees<br>receive employee<br>benefits of|||more than 660,000.|||||||||





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|Other o|utgoings||||
|---|---|---|---|---|
||||2021/22|2020/21|
||||6|6|
|Travel|||4,830|3,430|
|Telephone|and internet||1,365|1,495|
|Training|||88||
|Lltilities|||2,110|2,347|
|Council tax|||11,254|6,910|
|Insurance|||1,638|4,892|
|Woosehill|manse||12,000|8,120|
|Property<br>management<br>Other expenses<br>MTF administration||fees|2,650<br>5,006<br>482|10,694<br>446|
|Total|||41423|38 334|



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||||2021/22|2020/21|
|---|---|---|---|---|
||||6|6|
|Debtors|||14/108|500|
|Prepayments<br>Stipends<br>paid|in advance||3,904<br>9,616|9,166|
|Total|||27 628|9 666|
|Concessionary|loan||1,500|4,500|
|Grand total|||29 128|14 166|
|Amounts<br>due <br>Concessionary<br>Debtors|in more than 1year<br>loan||300|1,500|
|12Current|liabilities||2021/22|2020/21|
||||6|6|
|Creditors<br>Accruals|||5,119<br>18,214|9,670<br>1580|
|Rent received<br>Assessments|in advance<br>received<br>in advance||1,800<br>47,417|47,708|
|Grant|||5100|5110|
|Total|||77,550|63,958|
|Amounts<br>due|in more|than 1year|||
|Grant||||5,000|





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|4Tangible Fixe|d Assets|||||
|---|---|---|---|---|---|
|||Investment||||
|||Properties<br>6|Land<br>6|Manses<br>F.|Total<br>6|
|Cost and valuation<br>Balance brought<br>forward||582,284|873,938|671,972|I 545,910|
|Additions||||||
|Revaluations<br>(+/-)||47,665|58,571|69,738|128,309|
|Disposals (-)||||||
|Transfers (+/-)<br>Balance carried forward||629949|932509|741710|I 674 219|
|Accumulated||||||
|depreciation||||||
|Balance brought|forward|||||
|Depreciation<br>charge for||||||
|year (-)||||||
|Revaluations<br>(+/-)||||||
|Disposals (-)||||||
|Transfers* (+/-)||||||
|Balance carried forward||||||
|Net book value<br>Brought forward<br>Canied forward||662 264<br>629 949|873938<br>932 509|671972<br>741710|1545 910<br>1674 219|



|ost or valuation<br>at 31"August 2022 is represented|by:||||
|---|---|---|---|---|
||Investment<br>Properties<br>I|LandI|Manses<br>6|Total<br>6|
|Cost<br>Valuation<br>in 2013<br>Valuation<br>in 2014<br>Valuation<br>in 2015<br>Valuation<br>in 2016<br>Valuation<br>in 2017<br>Valuation<br>in 2018||553,474<br>273,433<br>58,140<br>48,675<br>43,565<br>38,256<br>7,978|448,652<br>221,647<br>47,128<br>39,457<br>35,315<br>30,851<br>7,462|1,002,126<br>495,080<br>105,268<br>88,132<br>78,880<br>69,107<br>15,440|
|Control acquired<br>over asset (at valuation)<br>Valuation<br>in 2019<br>Valuation<br>in 2020<br>Property<br>reclassification<br>Valuation<br>in 2021|88,000<br>24,000<br>522,884<br>51,400|(5,938)<br>45,418<br>(252,223)<br>63,160|(5,554)<br>42,472<br>(270,661)<br>75,203|(11,492)<br>87,890<br>(522,884)<br>138,363|
|Disposal|(104,000)||||
|Valuation<br>in 2022<br>As at 31"August 2022|42 666<br>629 949|58 571<br>932509|69 738<br>741710|128 309<br>1674 219|





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