| Qrcuit Ministers, Officers | Qrcuit Ministers, Officers | and Advisers | ||||
|---|---|---|---|---|---|---|
| Active Circuit | Ministers | Rev'd Patricia Nfilliams | ||||
| Circuit Stewards | MrJohn Troughton/until | 31stAugust 2020) | ||||
| Mrs Paula Foord(until | 31stAugust 2020) | |||||
| Mrs Elaine Lee | ||||||
| Mrs Dawn Novls(until | 33.st August 2020) | |||||
| Mr Paul Martin(until | 31.st August 2020} | |||||
| Mr Rodney Sinden | ||||||
| Treasurer | Mr Brian Knight | |||||
| Administrator | Mrs Helen Mitchell | |||||
| Independent | Examiner | Mr Give Whitehead | FCCA | |||
| 85,Westheld Lane |
||||||
| StLeonards On Sea | ||||||
| TN37 7NF | ||||||
| Commercial | ||||||
| Bank | Reliance Bank Ltd | |||||
| investment | ||||||
| Bankers | Central Rnance Board | ofthe Methodist | Church | |||
| Trustees for Methodist | Church Purposes |
| Other Rxed | Payments | on | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| assets | Fixtures, | aumnt | and | |||||||||||
| 3.2. Tangible Fixed Assets g,) | Residential Land |
Other Land | Manses | Other buildings |
including motor vehicles |
fittings and equipment |
assets under construction |
Total | ||||||
| Balance brought forward | 987266 | 693003 | 1680269 | |||||||||||
| Additions | 0 | |||||||||||||
| Revaluations | (+j-) | 192988 | ||||||||||||
| oisposals H | 0 | |||||||||||||
| Transfers (+j-) |
0 | |||||||||||||
| Balance carried forward | 77280S | 1873257 | ||||||||||||
| AH properties | are shown at the | |||||||||||||
| insurance valuation |
in December | |||||||||||||
| 203.6,which isconsidered to be | 'Fair | |||||||||||||
| Value' for the | requirements | of | ||||||||||||
| FRSM2 | ||||||||||||||
| TOTAL | TOTAL | |||||||||||||
| Circuit Model | Designated | |||||||||||||
| General Fund | Trust | Funds | Restricted | Endowment | ||||||||||
| 13.Debtors | and | prepayrnents | (6) | (Unrestricted) | (Unrestricted) | (unrestricted) | Funds | Funds | 2019-2020 | 2018-203.9 | ||||
| Prepaid stipends | 6030 | 6030 | 3050 | |||||||||||
| 0 | 553 | |||||||||||||
| Assesments | 3600 | 3600 | ||||||||||||
| Stipend Grant | 17443 | j.7443 | ||||||||||||
| Total | 27073 | 27073 | 3604 |
| General | Fund | Trust | Funds | Restricted | Endowment | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1LFees for examination ofthe | accounts | (f) (Unrestricted) | (Unrestrfcted) | (unrestricted) | Funds | Funds | 20192020 | 2018-2019 | ||||
| independent | examfner's fees2018-19 | 1450 | 1450 | 750 | ||||||||
| Independent | examfner's fees2019-20 | 750 | 750 | |||||||||
| Total | 2200 | 2200 | 750 | |||||||||
| Circuit | lHodef | Desfyurted | ||||||||||
| General | Funcf | Trust | Funds | Restricted | Endowment | |||||||
| 19.Paid employees (fj | (Unrestricted) | (Unrestrfcted) | (unrestricted) | Funds | Funds | 2019-2020 | 2018-2019 | |||||
| Gross pay | 8966 | 8966 | 5880 | |||||||||
| f'ensfon costs | 132 | 132 | 0 | |||||||||
| Total | 9098 | 0 | 9098 | 5880 | ||||||||
| Circuit | Model | Oesfgnated | ||||||||||
| 6eneral | Fund | Trust | Funds | Restricted | Endowment | |||||||
| 20.Summary | offunds (E) | (Unrestricted) | (Unrestricted) | (unrestricted) | Funds | Funds | 2019-2020 | |||||
| Opening balance | 1762368 | 245851 | 186144 | 2199827 | 2199827 | |||||||
| Income | 173129 | 739 | 8506 | 0 | 182374 | |||||||
| Expenditure | 147365 | 53973 | 12147 | 0 | 213485 | |||||||
| Gain on property | 0 | 0 | 0 | 0 | 0 | |||||||
| Transfers | ||||||||||||
| Closing balance | 1788132 | 192617 | 1823 | 186144 | 2168716 | 2199827 | ||||||
| Hastings Bexhili4 Rye Circuit |
Cfrcuft | number 36/17 | ||||||||||
| Note 20 | ||||||||||||
| Details efFunds held | ||||||||||||
| 201920 | 2018-19 | |||||||||||
| Fund no. | ||||||||||||
| Madel Trust Fund | 9325 | 71249 | 124483 | |||||||||
| Circuit Account | 12165 | 15980 | 15980 | |||||||||
| Various Bequests | 13015 | 2320 | 2320 | |||||||||
| Various Bequests | 15925 | 15253 | 15253 | |||||||||
| Wfnffred REverest Bequest |
159?8 | 1000 | 1000 | |||||||||
| EJohn Harvey | Bequest | 15929 | 1000 | 1000 | ||||||||
| Margaret Allen |
Bequest | 20509 | 150591 | 150591 | ||||||||
| Total | 257393 | 310627 | ||||||||||
| Central Finance | Board Deposfts | 45618 | ||||||||||
| Cash at Bank |
| 2019-2020 | 2019-2020 | 2018-2019 | ||||
|---|---|---|---|---|---|---|
| f | ||||||
| Cash from operating activities |
||||||
| Net cash used in operating activities |
-212523 | |||||
| Cash flows from investing activities |
||||||
| Dividends, interest and rents from investments | 20,634 | 28,213 | ||||
| Proceeds from the sale of property, plant and equipment | ||||||
| Purchase of property, plant and equipment | ||||||
| Purchase ofintangible assets |
||||||
| Proceeds from the sale of investments | ||||||
| Purchase of investments | ||||||
| Other | ||||||
| Net cash provided by investing activities |
||||||
| Cash flows from financing activities |
||||||
| New borrowing | ||||||
| Repayments of borrowing |
||||||
| Net cash used in financing activities |
||||||
| Change in cash and cash equivalents in the |
reporting | period | -92,86S | -118,?15 | ||
| Cash and cash equivalents at the beginning |
ofthe reporting | period | 430647 | 549362 | ||
| Cash and cash equivalents at the end ofthe reporting |
period | 337,779 | 430,647 | |||
| Reconciliation of net income to net cash flow from operating |
activities | f | ||||
| Net income for the reporting period (as per statement |
offinancial activities) | 31p | 111 | -194,699 | ||
| Adjustments for: |
||||||
| Depreciation and amortisation charges |
0 | 0 | ||||
| Profit on the sale offixed assets | 0 | |||||
| Loss on the sate ofAxed assets | O | a | ||||
| Gains on investments | Q | 0 | ||||
| Dividends, interest and rents from investments |
-20,634 | -28,213 | ||||
| Decrease/(increase) in stocks |
||||||
| (increase)/decrease in debtors |
23,469 | 5,332 | ||||
| increase/(decrease) in creditors |
-39,084 | 5,057 | ||||
| Net cash used in operating activities |
-212523 | |||||
| Analysis ofcash and cash equivalent | f | f | ||||
| Cash in hand | 59,700 | 74,402 | ||||
| Short term deposit (less than 3 months) | 278,079 | 356,245 | ||||
| Total cash and cash equivalents | 337779 | 430,647 |