| the | Circuit Model | Designated | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| account | General Fund | Trust | Funds | Restricted | Endowment | Total | ||||
| s | (Unrestricted) | (Unrestricted) | (unrestricted) | Funds | Funds | 2022-23 | ||||
| F | ||||||||||
| Income | ||||||||||
| 1 Donations and legacies |
0 | |||||||||
| 2 Income from monetary investments |
0 | |||||||||
| 3 Income from investment |
properties | 53,874 | 5,930 | 59,804 | ||||||
| 4 Assessments on Churches |
329,303 | 329,303 | ||||||||
| 5 Capital Receipts |
0 | |||||||||
| 6 Grants received |
4,422 | 4,422 | ||||||||
| 7 Other charitable income |
16 | 21 | ||||||||
| 8Total income | 387,599 | 5,930 | 16 | 393,545 | ||||||
| Expenditure | ||||||||||
| 9 Grants and donations |
4,250 | 4,250 | ||||||||
| 10Salaries and associated | costs | 269,960 | 269,960 | |||||||
| 11 Property maintenance | 42,575 | 42,575 | ||||||||
| 12Connexional assessment |
& | model | trust | levy | 83,852 | 83,852 | ||||
| 13District Assessment & Levy |
73,256 | 10,073 | 83,329 | |||||||
| 14 Depreciation | 0 | |||||||||
| 15Office expenses | 4,342 | 4,342 | ||||||||
| 16Other outgoings | 15,850 | 715 | 74 | 16,639 | ||||||
| 17Total charitable expenditure |
410,233 | 94,640 | 74 | 504,947 | ||||||
| 18Gains/(losses) on monetary |
investments | |||||||||
| 19Gains/(losses) on investment |
properties | 22,634 | ||||||||
| 20 Net income/(expenditure) | -22,634 | 48,710 | -58 | 111,286 | ||||||
| 21 Transfers between funds |
0 | |||||||||
| 22 Other gains/(losses) | ||||||||||
| 23 Net movement in funds |
-22,634 | -88,710 | -58 | 111,286 | ||||||
| 24Total funds brought forward |
68,022 | 250,968 | 318,990 | |||||||
| 25Total funds carried forward | 45,388 | 162,258 | 58 | 207,588 |
| Statement ofFina | nci | al | Acti | vities | (SOFA) for | the year e | the year e | nded 31 A | ugust 20 | 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Notes to | Circuit Model | Designated | |||||||||
| the | General Fund | Trust | Funds | Restricted | Endowment | Total | |||||
| accounts | (Unrestricted) | (Unrestricted) | (unrestricted) | Funds | Funds | 2021-22 | |||||
| f. | f | ||||||||||
| Income | |||||||||||
| 1 Donations and legacies |
148 | 148 | |||||||||
| 2 Income from monetary investments |
51,492 | 1,243 | 52,735 | ||||||||
| 3 Income from investment |
properties | 336,884 | 336,884 | ||||||||
| 4 Assessments on Churches |
0 | ||||||||||
| 5 Capital Receipts |
0 | ||||||||||
| 6 Grants received |
2,235 | 1 | 2,236 | ||||||||
| 7 Other charitable income |
|||||||||||
| 8Total income | 390,759 | 1,243 | 1 | 392,003 | |||||||
| Expenditure | 0 | ||||||||||
| 9 Grants and donations |
252,841 | 252,841 | |||||||||
| 10Salaries and associated | costs | 49,628 | 49,628 | ||||||||
| 11 Property maintenance |
17,621 | 17,621 | |||||||||
| 12Connexional assessment |
& | model | trust | levy | 69,437 | 83,269 | 152,706 | ||||
| 13District Assessment & Levy |
0 | ||||||||||
| 14 Depreciation | 5,674 | 5,674 | |||||||||
| 15Office expenses | 12,576 | 1,002 | 162 | 90 | 13,830 | ||||||
| 16Other outgoings | |||||||||||
| 17Total charitable expenditure |
390,156 | 101,892 | 162 | 90 | 0 | ||||||
| 18Gains/(losses) on monetary |
investments | ||||||||||
| 19Gains/(losses) on investment |
properties | 603 | - | 100,649 | 162 | 89 | -100,297 | ||||
| 20 Net income/(expenditure) | 0 | ||||||||||
| 21 Transfers between funds |
|||||||||||
| 22 Other gains/(losses) | |||||||||||
| 23 Net movement in funds |
603 | -100,649 | 0 | -100,046 | |||||||
| 24Total funds brought forward |
0 | ||||||||||
| 25Total funds carried forward | 603 | - | 100,649 | - 100,046 |
| GN | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| General Fund | Circuit Model | Designated | Restricted | Endowment | Totals | Totals | |||||
| (Unrestricted) | Trusts | Funds | Funds | Funds | 2022/23 | 2021/22 | |||||
| Notes to the | (Unrestricted) | (Unrestricted) | |||||||||
| Accounts | |||||||||||
| Fixed Assets | |||||||||||
| Circuit Menses & Equipment | 2,531,489 | 2,531,489 | 2,531,489 | ||||||||
| Investment properties |
120,000 | ||||||||||
| Investments | |||||||||||
| Total | fixed assets | 2,631,489 | 0 | 2,531,489 | 2,651,489 | ||||||
| Current Assets | |||||||||||
| Debtors | |||||||||||
| Loans by the Circuit | |||||||||||
| investments with TMCP |
162,258 | 2,343 | 164,601 | 253,368 | |||||||
| Central Finance Board Deposits |
15,017 | 15,017 | 37,067 | T | |||||||
| Cash at Bank and in hand | 30,371 | 30,371 | 31,558 | ||||||||
| Total current assets | 45,388 | 162,258 | 209,989 | 321,993 | |||||||
| Current liabilities |
|||||||||||
| Creditors (due in under I year) | |||||||||||
| Grants payable within |
2022-23 | ||||||||||
| Total | current liabilities | ||||||||||
| Net current | assetsliiabifities | 45,388 | 162,268 | 2,343 | 209,989 | 321,993 | |||||
| Total assets less | current liabilities | 2,576,877 | 162,268 | 0 | 2,343 | 2,741,478 | 2,853,482 | ||||
| Long term liabilities | |||||||||||
| (due after more than one year) | |||||||||||
| Grants payable after 2022-23 | |||||||||||
| Loans to the Circuit | |||||||||||
| Net assets | 2,576,877 | 162,258 | 2,343 | 2,741,478 | 2,853,482 | W | |||||
| Funds ofthe Circuit | |||||||||||
| General Fund (Unrestricted) |
2,576877 | 2,576,877 | |||||||||
| Circuit Model Trust Fund (Unrestricted) | 162,258 | 162,258 | |||||||||
| Designated Funds (unrestricted) |
0 | ||||||||||
| Total Vnresofcted Funds | 2,739,135 | 2,863,482 | |||||||||
| Restricted Funds |
0 | 0 | |||||||||
| Endowment Funds |
2,343 | 2,343 | |||||||||
| Tots(Funds | 2,576,877 | 162,258 | 0 | 2,343 | 2,741,478 | 2,853,482 | |||||
| Signed | |||||||||||
| Circuit Treasurer |