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2021-08-31-accounts

Mrs Margar'e/t
Bfckcr8i'k'e
Mrs Margar'e/t
Bfckcr8i'k'e
Mrs Margar'e/t
Bfckcr8i'k'e
~s'Fraiicres pari8iatn'~f29~ ~s'Fraiicres pari8iatn'~f29~ ~s'Fraiicres pari8iatn'~f29~
Mrs Adiela Binns Mrs Yvonne Pearson
Ms Heather Brown -Mrs Angela Pepper
Mr Paul Burson,
Mr AntliOny
COllinS (ie3U12/20)
,Mrs Maureen ~1en
' Mrs 'JO'tab @cad(~ef30/10/20)
&Mr GeofCorke Mrs Jill Sayers
Mrs Pauli Foord Mrs Carol Shortman (to i/3/21)
Mr Daviii /~quell ' Mr:33av18 Shoitman (wef9/2/21)
Mrs Dike Puiinjll " Mr'Rodncy
Sinden
.Mr Stephen;W1np'son Mrs Sheila Sindcn
Mr David Akjison . Mr David Swales
Mr kcrI.iiekh'Aat8h Mrs-Christine
Thacker
Mrs Wendy Hatch
Mr David Hobson'
" Mr Keith Thacker
Mrs Amanda
Troughton
Mr Andrew Irving (ref 21/0/20) Mr John Troughton
Mr ATlan %3llg+V .Mr Berry Turnvrcll
Mrs Gillian Larnbourne Rev, Philip Wagstaff
: Mr Michael Lambournc Mrs Christine %ard
Miss Carolyn Lapping Mr Peter %&tson (to 30/10/20)
Mrs Elaine Lee Miss Heather %hite
, Mrs Marilyn Me~
. Mr Paul Martin
.-. Mrs. Sandra%illard,
" "'Kcv.'Patri'a%'Bliar8s
Mr Kcith Miller Mrs Jennifer Winningtoq (t03u3/2i),
Mrs Dawn Novis Mrs Maureen %ood
Mr.Terence Novis Mr Christopher
Woods
. ' Mrs Pearl Page Mts Karen %oods

FOR THE YE FOR THE YE AR ENDED 3'1 AUGUST 202t
introduction
Hastings,
Bexhill and Rye Circuit ofthe Methodist Church supports ten churches
in East Sussex, in a mix ofurban and rural
locations.
Two Ministers are stationed
in the Circuit and the churches have over 460 members.
Governance,
Structure and
Management
The Charity is Subject tothe following Acts ofParliament
Deed ofUnion(3 932)
The Methodist
Church Act (1976)
lt isalso subject to the Constitutional
each Year
Practice and Discipline(CPD)
ofhe Methodist Church, as is approved
by the Conference
Objectives
and activites
The advancement
of:
The Christian
Faith in accordance
with the doctrinal standards
of the Methodist
Church
Any charitable
purpose
for the time
being ofany Connexional,
District, Circuit, local or other organisation
ofthe Methodist
Church
Any charitable
purpose for the time
being ofany society or institution
subsidiary
to the Methodist
Church
Any purpose forthe time being ofany charity being a charity subsiary or ancullaiy to the Methodist Church
Mission
statement
The Mission ofthe Circuit is "To enjoy and spread the goodnews ofthe love of God as seen in Jesus Christ. "
in working towards this Mission, the Hastings,
Bexhiil and Rye Circuit will seek to inspire and support
local churches to:
Help people
encounter
and experience
God's love for them seives
Nuture
faith through
Worship,
bible
and wider studies,
feliowship
and prayer
groups,
mutuai encouragement
and pastorai care
Provkje opportunities
for meaningful
collective worship,
in styles appropriate
for vadious times, places and people
Create safe and welcoming spaces for people ofag ages and circumstances.
Reach out to individuals,
especially
at critical periods oftheir lives, and toserve. their local and wider communties
Achievement
and
Performance
The Circuit welcomed
Revd Philip Wagstaff as Superintendent
in September
2020 and under his leadership continued to
resource and support focal churches in their worship,
learning
and outreach
to their local communities, and respond tothe
challenges
ofthe Covid-19 pandemic.
The Circuit Leadership
Team (CLT) met regularly
with the Superintendent to review and
develop the activities ofthe Circuit.
The Superintendent
and CLT held Conversations
with each ofthe churches to enable them to review
their mission and financial
situagon
and the impact ofthe Covid-1
9pandemic. These conversations
will
inform the deveiopment ofCircuit policy and future
plans.
The Superintendent's
responsibiIty
as Governor for Staplecross Methodist School was resumed
and
he has developed agood
relationship
with the school community.
Circuit Ministers„CIfBeers and Advisers Circuit Ministers„CIfBeers and Advisers
Active Circuit Ministers Rev'd Philip Wagstaff
Rev'd Patricia Williams
Grcuit Stewards
Mrs Elaine Lee(until 31stAugust 2021)
Mr Rod Sinden
Mrs Amanda Troughton
Treasurer Brian Knight
Administrator Mrs Helen Mitchell
Independent Examiner Mr Ciive Whitehead FCCA
85,Westfield Lane
StLeonards Gn Sea
TN37 7NF
Commercial Bank Reliance Bank Ltd
Investment
Bankers Centrai Finance Board ofthe Methodist Church
Trustees for Methodist Church Purposes

Income and Expenditure (f) Income and Expenditure (f) TOTAL TOTAL
Notes to Circuit Model Designated
the General Fund Trust Funds Restricted Endowment
accoun'ts (Unrestricted) (Unrestricted) (unrestricted) Funds Funds 2019-2020
income (f)
1 Donations
and legacies
33,788 33,788 3,060
2 Income from monetary investments 667 22 1,452 2,561
3 Income from investment properties 11,580 2,553 14,133 18,073
4
Assessments
on Churches
125,369 125,369 140,992
5
Capital Receipts
390,656 390,656
6 Grants received 0 17,443
7 Other income 120 120 245
8Totai income 171,524 391,419 2,574 565,517 182,374
Expenditure (f)
9 Grants and donations 598 30,598
10Salaries and associated costs 73,782 73,782 38,307
11Property maintenance 11,643 3,638 1,654 16,935 24,285
12Connexional
assessment
gi model trust levy 34,912 98 35,010 36,222
13District Assessment 8 Levy 7,129 1,781 8,910 11,647
14Depreciation 0
1SOffice Overheads 10 23,081 388 23,469 23,130
16Other outgoings 11 18,253 2,689 776 25,894
Capital Purchases 194,250 406,172 600,422
17Total charitable expenditure 363,648 444,378 2,819 810,845 213,485
18Gains/(losses)
on monetary
investments
19Gains/(iosses)
on investment
properties 291,658 291,658
20Net income/(expenditure) 99,534 -52,959 46,331 31,111
21Transfers between
funds
0 0 0
22 Other gains/(losses)
23Net movement
in funds
99,534 -52,959 -244 0 46,331 -31,111
24Totai funds brought fonvard 1,974,017 71,249 18,338 186,144 2,230,109 2,261,220
25Total hmds carried forward 2,073,551 18,290 18,094 186,144 2,276,440 2,230,M9
TOTAL TOTAL
Notes to Circuit Model Designated
the Generai Fund Trusts Funds Restdcted Endowment
Accounts (Unrestricted) (Unrestricted) (Unrestricted) Funds Funds 2020-2021
E E E
Fixed Assets
Circuit Menses 8Equipment 1,353,478 1,353,478 1100452
Investment
properties
811,437 811,437 772805
Investments
Total fixed assets 12 2,164,915 0 2,164,915 1873257
Current Assets
Debtors and prepayments
I.oans by the Circuit 0
Investments
with TMCP
207,416 225,705 257393
Central Finance Board Deposits 11,982 15,875 27,857 20686
Cash at Bank and In hand 58,248 2,219 60„467 59700
Total current assets 283,744 18,289 18,094 0 320,127 364852
Current liabiiities
Creditors (due In under 1year) 12,316 12,316
Accruals 2,037 2,037
Loan from Chapel Aid 194,2SD 194,250
Total current liabilities 208„603 0 0 208,603 8000
Net current assetsgiabilitles 75,141 18,289 0 111,524 356852
Total assets less current liabilities 2,240,056 0 2,276,439 2230109
Long term Babilities (due after more than one yearj
Grants payable after 2020/2021
Loans.tothe Circuit 0
0
2,240,056 18,289 18,094 0 2,276,439 2230109
Funds ofthe Circuit
General Fund (Unrestricted) 2,240,056 2,240,056 2140522
Circuit Model Trust Fund (Unrestricted) 18Q89 71249
Designated
Funds (Unrestricted)
18,094 18338
Total Unrestricted
Funds
2,276,439 2230109
Restricted Funds
Endowment
Funds
Total Funds 2,276,439 2230109

TOTAL TOTAL
CIrcuit Model Designated
2.income from monetary investments General Fund Trust Funds Restricted Endowment
(E) (Unrestricted) (Unrestricted) {unrestricted) Funds Funds 2020-2021 2019-2020
Central Finance Board 667 22 689 94
0 131
TMCP 763 763 2336
Total 667 763 0 1452 2561
Circuit Model Designated
3.Income from investment properties General Fund Trust Funds Restricted Endowment
{E) (Unrestricted) {Unrestricted) (unrestricted) Funds Funds 2020-2021 2019-2020
Lettings (37Knebworth Rdj 11580 11580 9698
Lettings (21Holiiers —Centenary House} 2553 2553 8375
Totai 11580 2553 14133 18073
Circuit Model Designated
General Fund Trust Funds Restricted Endowment
4.Capital Receipts (E) {Unrestricted) (Unrestricted) (unrestricted) Funds Funds 2020-2021 2019-2020
Sale ofTower Road West Manse 390656 390656
Total 390656 390656 0
NIL
Circuit Model Designated
Generai Fund Trust Funds Restricted Endowment
5.Other income (E) (Unrestricted) (Unrestricted) {unrestricted) Funds Funds 2020-2021
2019-2020
CHouse 0 150
Various 120 120 95
Total 120 0 120 245
Circuit Model Designated
General Fund Trust Funds Restricted Endowment
6.Grants and donations (E) (Unrestricted) {Unrestricted) {unrestricted) Funds Funds 2020-2021
2019-2020
Trinity Church 0 40000
Pett church 0 11000
Circuit 0 3000
SLMC 598 27000 27598 0
Calvert 3000 3000 0
Total 30000 30598 54000
Hastings Be xh ill 5 Rye Ci rcuit Ci rcuit num ber 36j1 7 TOTAL TOTAL
Circuit Model
General Fund Trust Designated Funds Restricted Endowment
7.Salaries and associated costs (f) (Unrestricted) {Unrestricted) (unrestricted) Funds Funds 2020-2021 2019-2020
Stipends 72688 72688 36781
Supernume ries 750 750 1375
Apprenticeship Levy 344 344 151
0
Total 73782 73782 38307
Circuit Model
8.Connexionai assessment and Genera) Fund Trust Designated Funds Restricted Endowment
model trust levy (f) (Unrestricted) (Unrestricted) (unrestricted) Funds Funds 2020-2021 2019-2020
Connectional assessment 34912 98 35010 36222
CPF 0
GPF 0
Total 34912 0 35010 36222
Circuit Model
General Fund Trust Designated Funds Restricted Endowment
9.District assessment and levy (Unrestricted) (Unrestricted) (unrestricted) Funds Funds 2020-2021 2019-2020
District assessment 7129 7129 7674
Levy 1781 1781 3973
Total 0 8910 11647
Circuit Model
General Fund Trust Designated Funds Restricted Endowment
10. Office and overheads (E) (Unrestricted) (Unrestricted) (unrestricted) Funds Funds 2020-2021 2019-2020
0 0
Office 6477 388 6865 6043
Admin salaries 11131 11131 12605
insurance, 5473 5473 4482
Training 0 0
Quinquennial s 0 0
Total 23081 388 0 23469 23130
Circuit Model
General Fund Trust Designated Funds Restricted Endowment
11.Other outgoings (Unrestr icted) (Unrestricted) (unrestricted) Funds Funds 2020-2021 2019-2020
Charges 1659 1598 3257 372
Rates 6834 6834 3992
Utilities 1467 607 2074 3416
Travel 1583 1583 2898
Professional Fees 2737 3828 3043
Removals 2165 2165 4560
Training 0 210
Quinquenials 1686 1686 5964
Misc 120 120 1138
One Off Expenses 169 169 302
Total 18253 2689 776 0 21718 25895
Other fixed Payments on
assets Fixtures, account and
Residential Other including fittings and assets under
12. Tangible Fixed Assets (6) Land Other Land Manses buildings motor vehicles equipment construction Total
Balance brought forward 1100452 772805 1873257
Additions 600000 600000
Revaluations (+/-) 43682 38632 82314
Disposals (-) -390656 -390656
Transfers *(+/-) 0
Balance carried forward 0 1353478 811437 2164915
All properties are shown at the Holmesdale
insurance
valuation
in December 380741.The
2020, which is considered to be 'Fair 2020 Dene 372737,
Value' for the requirements of Holrnesdale Woodlands
FRS'102 362614 600000
TOTAL TOTAL
Circuit Model Designated
General Fund Trust Funds Restricted Endowment
13.Debtors and prepayments (E) (Unrestricted} (Unrestricted) (unrestricted) Funds Funds 2020-2021 2019-2020
Prepaid stipends 6097 6097 6030
0
Assesments 0
Stipend Grant 0
Total 6097 6097
TOTAL TOTAL
Circuit Model Designated
General Fund Trust FUnds Restlicted Endowment 2020-
14.Loans (6) (Unrestricted) (Unrestricted) (Unrestricted) Funds Funds 2021 2019-2020
groughtforward
Paid Loan
Acfdltlonal irltel"est
Carried forward
Circuit Modei Designated
General Fund Trust Funds Restricted Endowment 2020-
IS.Creditors (E) (Unrestricted) (Unrestricted) (unrestncted) Funds Funds 2021 2019-2020
Creditors 1716 1716
Assessment from churches 10600 10600
Total 12316 12316
16.Capitai Commitlnents and Contingent LiabiTlties
Cll cUlt Model Designated
17.Trustees income and General Fund Trust Funds Restricted Endowment 2020-
expenses (E) (Unrest licted) (Unrestricted) (unrestricted) Funds Funds 2021 2019-2020
income (preaching fees) 0 0
Number
receiving payment
0 0
Expenses (mostiy travel) 1437 1753
Number
receiving expenses
Qrcuit Modef Designated
General Fund Trust Funds Restricted Endowment
18.Fees for examination o(the accounts (E} (Unrestricted) (Unrestricted) (unrestricted) Funds Funds 2020-2021 2019-2020
independent
examiner's
fees2019-20 0 750
independent
Examiners
fees 2020-21 750 750
Total 750 0 750 750
Qrcuit Model Designated
Generai Fund Trust FuAds Restricted Endowment
19.Paid employees (E) (Unresb icted) (Unrestricted) (unrestricted) Funds Funds 202(W021 2019-2020
Gross pay 10262 10262 8966
Nl Costs 201 201
Pension costs 308 308
Total 10771 10771
Circuit Model Designated
General Fund Trust Funds Restricted
20.Summary offunds (E} (Unrestricted) (Unrestricted) (unrestricted) Funds
Opening baiance 267265 71249
lAcoAle 171524 2574 565517
Expenditure 363648 2819 810845
Gain on property 0 0 0
Transfers
Qosing baiance 111526 2199827
Hastings
Bexhig 8.Rye Circuit
Circuit number 36/17
flute 20
Details ofFunds held
2020-2021 2019-2020
investments
with TMCP
Model Trust Fund 71249
Circuit Account 1.2165 15982 15980
Various Bequests 13015 2320 2320
Various Bequests 15925 15255 15253
yyinifred
R Everest Bequest
15928 1000 1000
EJohn Harvey Bequest 15929 1000 1000
Margaret Alien Bequest 20509 150591 150591
Various Bequests - Sackvllle Road 17306 21268
Central Finance Board Deposits 11982 15875 278S7 20686
Cash at Bank 58248
Total funds 314030
2020-2021 2019-2020 2019-2020
f f
Cash fforn opelatlng
actlvltles
Net cash used in operating
activities
14836.54 -67360
Cash flows from investing
activities
Dividends, interest and rents from investments 15,584 20,634
Proceeds from the sale ofproperty, plant and equipment
Purchase ofproperty, plant BAcl equlpfAent 0 0
Purchase ofintangible
assets
0 0
Proceeds from the sale ofinvestments 0 0
Purchase ofinvestments 0 0
Other 0 0
Cash flows from financing activities
New borrowing 194,250
Repayfnents
ofborrowing
0
Net cash used in financing activities
ChBAge IA cash BAd cash equlvaleAts IAtfle fepofting peflod -23,749
Cash and cash equivalents
at the beginning ofthe reporting
period 143,529
Cash and cash equivalents
atthe end
ofthe reporting period H.9,780
Reconciliation ofnet income to net cash flow from operating activities f
Net income for the reporting
period
( as per statement offinancial activities) 46,331 -31,111
Adjustlne Ats fof:
Depreciation
and amortisation
charges
0 0
Profit on the sale offixed assets 0 0
Loss on the sale offixed assets 0 0
Gains on investments 0 0
Dividends,
interest and rents from investments
-15,584 -20,634
Decl'ease/(IAcfease)
!Astocks
(increase)/decrease
in debtors
-20,976 23,469
increase/(decrease)
in creditors
5,066 -39,084
Analysis ofcash and cash equivalent f f
Cash in hand -133,783 59,700
Short term deposit (less than 3months) 253,563 278,079
Total cash BAd cash equivalents 119780 337,779

Church 4Little Comm on R1
Miss Carolyn
Lapping
ep
Mr David Hobson Rep 2
Mrs Yvonne Pearson Rep 3
Mr John Troughton Rep 4
Church 5Ninfield
Mr Paul Burson Rep 1
Mrs Maureen Wood Rep 2
Mr David Swales Rep 3
Church 6Pett
Mr Kenneth
Hatch
Rep 1
Mr Keith Miller Rep 2
Mrs Carol Shortman (until "stMarch 2021) Rep 3
Mr David Shortman (wef 9th February 2021) Rep 4
Mrs Wendy Hatch
Mr Anthony
Collins
(until 31s't December 2020) Rep 5
Rep 5
Church 7 Rye
Mr Paul Martin Rep 1
Mrs Marilyn
Martin
Rep 2
Mr Andrew
Irving (wef 21stSeptember 2020)
Rep 3
Church 9StHelens
Mrs Diane Funnell Rep 1
Mr Michael Lambourne Rep 2
Mr David Funnell Rep 3
Church 10St Leonards-on-Sea
Mrs Sheila Sinden Rep 1
Mr Rodney Sinden Rep 2
Mrs Heather
Brown
Rep 3
Mrs Pearl Page Rep 4
Mf Terry Novis Rep 5
Church 11Trinity
Mrs Angela Pepper Rep 1
Mr Stephen
Hampson
Rep 2
Mrs Frances Parnham Rep 3

Signature ofthe Chair ofthe meeting P iy [i~/~z)
Name ofthe Chair ofthe meeting Rev PhiTip Wagstaff

FOR THE YE FOR THE YE AR ENDED 3'1 AUGUST 202t
introduction
Hastings,
Bexhill and Rye Circuit ofthe Methodist Church supports ten churches
in East Sussex, in a mix ofurban and rural
locations.
Two Ministers are stationed
in the Circuit and the churches have over 460 members.
Governance,
Structure and
Management
The Charity is Subject tothe following Acts ofParliament
Deed ofUnion(3 932)
The Methodist
Church Act (1976)
lt isalso subject to the Constitutional
each Year
Practice and Discipline(CPD)
ofhe Methodist Church, as is approved
by the Conference
Objectives
and activites
The advancement
of:
The Christian
Faith in accordance
with the doctrinal standards
of the Methodist
Church
Any charitable
purpose
for the time
being ofany Connexional,
District, Circuit, local or other organisation
ofthe Methodist
Church
Any charitable
purpose for the time
being ofany society or institution
subsidiary
to the Methodist
Church
Any purpose forthe time being ofany charity being a charity subsiary or ancullaiy to the Methodist Church
Mission
statement
The Mission ofthe Circuit is "To enjoy and spread the goodnews ofthe love of God as seen in Jesus Christ. "
in working towards this Mission, the Hastings,
Bexhiil and Rye Circuit will seek to inspire and support
local churches to:
Help people
encounter
and experience
God's love for them seives
Nuture
faith through
Worship,
bible
and wider studies,
feliowship
and prayer
groups,
mutuai encouragement
and pastorai care
Provkje opportunities
for meaningful
collective worship,
in styles appropriate
for vadious times, places and people
Create safe and welcoming spaces for people ofag ages and circumstances.
Reach out to individuals,
especially
at critical periods oftheir lives, and toserve. their local and wider communties
Achievement
and
Performance
The Circuit welcomed
Revd Philip Wagstaff as Superintendent
in September
2020 and under his leadership continued to
resource and support focal churches in their worship,
learning
and outreach
to their local communities, and respond tothe
challenges
ofthe Covid-19 pandemic.
The Circuit Leadership
Team (CLT) met regularly
with the Superintendent to review and
develop the activities ofthe Circuit.
The Superintendent
and CLT held Conversations
with each ofthe churches to enable them to review
their mission and financial
situagon
and the impact ofthe Covid-1
9pandemic. These conversations
will
inform the deveiopment ofCircuit policy and future
plans.
The Superintendent's
responsibiIty
as Governor for Staplecross Methodist School was resumed
and
he has developed agood
relationship
with the school community.
Circuit Ministers„CIfBeers and Advisers Circuit Ministers„CIfBeers and Advisers
Active Circuit Ministers Rev'd Philip Wagstaff
Rev'd Patricia Williams
Grcuit Stewards
Mrs Elaine Lee(until 31stAugust 2021)
Mr Rod Sinden
Mrs Amanda Troughton
Treasurer Brian Knight
Administrator Mrs Helen Mitchell
Independent Examiner Mr Ciive Whitehead FCCA
85,Westfield Lane
StLeonards Gn Sea
TN37 7NF
Commercial Bank Reliance Bank Ltd
Investment
Bankers Centrai Finance Board ofthe Methodist Church
Trustees for Methodist Church Purposes

Income and Expenditure (f) Income and Expenditure (f) TOTAL TOTAL
Notes to Circuit Model Designated
the General Fund Trust Funds Restricted Endowment
accoun'ts (Unrestricted) (Unrestricted) (unrestricted) Funds Funds 2019-2020
income (f)
1 Donations
and legacies
33,788 33,788 3,060
2 Income from monetary investments 667 22 1,452 2,561
3 Income from investment properties 11,580 2,553 14,133 18,073
4
Assessments
on Churches
125,369 125,369 140,992
5
Capital Receipts
390,656 390,656
6 Grants received 0 17,443
7 Other income 120 120 245
8Totai income 171,524 391,419 2,574 565,517 182,374
Expenditure (f)
9 Grants and donations 598 30,598
10Salaries and associated costs 73,782 73,782 38,307
11Property maintenance 11,643 3,638 1,654 16,935 24,285
12Connexional
assessment
gi model trust levy 34,912 98 35,010 36,222
13District Assessment 8 Levy 7,129 1,781 8,910 11,647
14Depreciation 0
1SOffice Overheads 10 23,081 388 23,469 23,130
16Other outgoings 11 18,253 2,689 776 25,894
Capital Purchases 194,250 406,172 600,422
17Total charitable expenditure 363,648 444,378 2,819 810,845 213,485
18Gains/(losses)
on monetary
investments
19Gains/(iosses)
on investment
properties 291,658 291,658
20Net income/(expenditure) 99,534 -52,959 46,331 31,111
21Transfers between
funds
0 0 0
22 Other gains/(losses)
23Net movement
in funds
99,534 -52,959 -244 0 46,331 -31,111
24Totai funds brought fonvard 1,974,017 71,249 18,338 186,144 2,230,109 2,261,220
25Total hmds carried forward 2,073,551 18,290 18,094 186,144 2,276,440 2,230,M9
TOTAL TOTAL
Notes to Circuit Model Designated
the Generai Fund Trusts Funds Restdcted Endowment
Accounts (Unrestricted) (Unrestricted) (Unrestricted) Funds Funds 2020-2021
E E E
Fixed Assets
Circuit Menses 8Equipment 1,353,478 1,353,478 1100452
Investment
properties
811,437 811,437 772805
Investments
Total fixed assets 12 2,164,915 0 2,164,915 1873257
Current Assets
Debtors and prepayments
I.oans by the Circuit 0
Investments
with TMCP
207,416 225,705 257393
Central Finance Board Deposits 11,982 15,875 27,857 20686
Cash at Bank and In hand 58,248 2,219 60„467 59700
Total current assets 283,744 18,289 18,094 0 320,127 364852
Current liabiiities
Creditors (due In under 1year) 12,316 12,316
Accruals 2,037 2,037
Loan from Chapel Aid 194,2SD 194,250
Total current liabilities 208„603 0 0 208,603 8000
Net current assetsgiabilitles 75,141 18,289 0 111,524 356852
Total assets less current liabilities 2,240,056 0 2,276,439 2230109
Long term Babilities (due after more than one yearj
Grants payable after 2020/2021
Loans.tothe Circuit 0
0
2,240,056 18,289 18,094 0 2,276,439 2230109
Funds ofthe Circuit
General Fund (Unrestricted) 2,240,056 2,240,056 2140522
Circuit Model Trust Fund (Unrestricted) 18Q89 71249
Designated
Funds (Unrestricted)
18,094 18338
Total Unrestricted
Funds
2,276,439 2230109
Restricted Funds
Endowment
Funds
Total Funds 2,276,439 2230109

TOTAL TOTAL
CIrcuit Model Designated
2.income from monetary investments General Fund Trust Funds Restricted Endowment
(E) (Unrestricted) (Unrestricted) {unrestricted) Funds Funds 2020-2021 2019-2020
Central Finance Board 667 22 689 94
0 131
TMCP 763 763 2336
Total 667 763 0 1452 2561
Circuit Model Designated
3.Income from investment properties General Fund Trust Funds Restricted Endowment
{E) (Unrestricted) {Unrestricted) (unrestricted) Funds Funds 2020-2021 2019-2020
Lettings (37Knebworth Rdj 11580 11580 9698
Lettings (21Holiiers —Centenary House} 2553 2553 8375
Totai 11580 2553 14133 18073
Circuit Model Designated
General Fund Trust Funds Restricted Endowment
4.Capital Receipts (E) {Unrestricted) (Unrestricted) (unrestricted) Funds Funds 2020-2021 2019-2020
Sale ofTower Road West Manse 390656 390656
Total 390656 390656 0
NIL
Circuit Model Designated
Generai Fund Trust Funds Restricted Endowment
5.Other income (E) (Unrestricted) (Unrestricted) {unrestricted) Funds Funds 2020-2021
2019-2020
CHouse 0 150
Various 120 120 95
Total 120 0 120 245
Circuit Model Designated
General Fund Trust Funds Restricted Endowment
6.Grants and donations (E) (Unrestricted) {Unrestricted) {unrestricted) Funds Funds 2020-2021
2019-2020
Trinity Church 0 40000
Pett church 0 11000
Circuit 0 3000
SLMC 598 27000 27598 0
Calvert 3000 3000 0
Total 30000 30598 54000
Hastings Be xh ill 5 Rye Ci rcuit Ci rcuit num ber 36j1 7 TOTAL TOTAL
Circuit Model
General Fund Trust Designated Funds Restricted Endowment
7.Salaries and associated costs (f) (Unrestricted) {Unrestricted) (unrestricted) Funds Funds 2020-2021 2019-2020
Stipends 72688 72688 36781
Supernume ries 750 750 1375
Apprenticeship Levy 344 344 151
0
Total 73782 73782 38307
Circuit Model
8.Connexionai assessment and Genera) Fund Trust Designated Funds Restricted Endowment
model trust levy (f) (Unrestricted) (Unrestricted) (unrestricted) Funds Funds 2020-2021 2019-2020
Connectional assessment 34912 98 35010 36222
CPF 0
GPF 0
Total 34912 0 35010 36222
Circuit Model
General Fund Trust Designated Funds Restricted Endowment
9.District assessment and levy (Unrestricted) (Unrestricted) (unrestricted) Funds Funds 2020-2021 2019-2020
District assessment 7129 7129 7674
Levy 1781 1781 3973
Total 0 8910 11647
Circuit Model
General Fund Trust Designated Funds Restricted Endowment
10. Office and overheads (E) (Unrestricted) (Unrestricted) (unrestricted) Funds Funds 2020-2021 2019-2020
0 0
Office 6477 388 6865 6043
Admin salaries 11131 11131 12605
insurance, 5473 5473 4482
Training 0 0
Quinquennial s 0 0
Total 23081 388 0 23469 23130
Circuit Model
General Fund Trust Designated Funds Restricted Endowment
11.Other outgoings (Unrestr icted) (Unrestricted) (unrestricted) Funds Funds 2020-2021 2019-2020
Charges 1659 1598 3257 372
Rates 6834 6834 3992
Utilities 1467 607 2074 3416
Travel 1583 1583 2898
Professional Fees 2737 3828 3043
Removals 2165 2165 4560
Training 0 210
Quinquenials 1686 1686 5964
Misc 120 120 1138
One Off Expenses 169 169 302
Total 18253 2689 776 0 21718 25895
Other fixed Payments on
assets Fixtures, account and
Residential Other including fittings and assets under
12. Tangible Fixed Assets (6) Land Other Land Manses buildings motor vehicles equipment construction Total
Balance brought forward 1100452 772805 1873257
Additions 600000 600000
Revaluations (+/-) 43682 38632 82314
Disposals (-) -390656 -390656
Transfers *(+/-) 0
Balance carried forward 0 1353478 811437 2164915
All properties are shown at the Holmesdale
insurance
valuation
in December 380741.The
2020, which is considered to be 'Fair 2020 Dene 372737,
Value' for the requirements of Holrnesdale Woodlands
FRS'102 362614 600000
TOTAL TOTAL
Circuit Model Designated
General Fund Trust Funds Restricted Endowment
13.Debtors and prepayments (E) (Unrestricted} (Unrestricted) (unrestricted) Funds Funds 2020-2021 2019-2020
Prepaid stipends 6097 6097 6030
0
Assesments 0
Stipend Grant 0
Total 6097 6097
TOTAL TOTAL
Circuit Model Designated
General Fund Trust FUnds Restlicted Endowment 2020-
14.Loans (6) (Unrestricted) (Unrestricted) (Unrestricted) Funds Funds 2021 2019-2020
groughtforward
Paid Loan
Acfdltlonal irltel"est
Carried forward
Circuit Modei Designated
General Fund Trust Funds Restricted Endowment 2020-
IS.Creditors (E) (Unrestricted) (Unrestricted) (unrestncted) Funds Funds 2021 2019-2020
Creditors 1716 1716
Assessment from churches 10600 10600
Total 12316 12316
16.Capitai Commitlnents and Contingent LiabiTlties
Cll cUlt Model Designated
17.Trustees income and General Fund Trust Funds Restricted Endowment 2020-
expenses (E) (Unrest licted) (Unrestricted) (unrestricted) Funds Funds 2021 2019-2020
income (preaching fees) 0 0
Number
receiving payment
0 0
Expenses (mostiy travel) 1437 1753
Number
receiving expenses
Qrcuit Modef Designated
General Fund Trust Funds Restricted Endowment
18.Fees for examination o(the accounts (E} (Unrestricted) (Unrestricted) (unrestricted) Funds Funds 2020-2021 2019-2020
independent
examiner's
fees2019-20 0 750
independent
Examiners
fees 2020-21 750 750
Total 750 0 750 750
Qrcuit Model Designated
Generai Fund Trust FuAds Restricted Endowment
19.Paid employees (E) (Unresb icted) (Unrestricted) (unrestricted) Funds Funds 202(W021 2019-2020
Gross pay 10262 10262 8966
Nl Costs 201 201
Pension costs 308 308
Total 10771 10771
Circuit Model Designated
General Fund Trust Funds Restricted
20.Summary offunds (E} (Unrestricted) (Unrestricted) (unrestricted) Funds
Opening baiance 267265 71249
lAcoAle 171524 2574 565517
Expenditure 363648 2819 810845
Gain on property 0 0 0
Transfers
Qosing baiance 111526 2199827
Hastings
Bexhig 8.Rye Circuit
Circuit number 36/17
flute 20
Details ofFunds held
2020-2021 2019-2020
investments
with TMCP
Model Trust Fund 71249
Circuit Account 1.2165 15982 15980
Various Bequests 13015 2320 2320
Various Bequests 15925 15255 15253
yyinifred
R Everest Bequest
15928 1000 1000
EJohn Harvey Bequest 15929 1000 1000
Margaret Alien Bequest 20509 150591 150591
Various Bequests - Sackvllle Road 17306 21268
Central Finance Board Deposits 11982 15875 278S7 20686
Cash at Bank 58248
Total funds 314030
2020-2021 2019-2020 2019-2020
f f
Cash fforn opelatlng
actlvltles
Net cash used in operating
activities
14836.54 -67360
Cash flows from investing
activities
Dividends, interest and rents from investments 15,584 20,634
Proceeds from the sale ofproperty, plant and equipment
Purchase ofproperty, plant BAcl equlpfAent 0 0
Purchase ofintangible
assets
0 0
Proceeds from the sale ofinvestments 0 0
Purchase ofinvestments 0 0
Other 0 0
Cash flows from financing activities
New borrowing 194,250
Repayfnents
ofborrowing
0
Net cash used in financing activities
ChBAge IA cash BAd cash equlvaleAts IAtfle fepofting peflod -23,749
Cash and cash equivalents
at the beginning ofthe reporting
period 143,529
Cash and cash equivalents
atthe end
ofthe reporting period H.9,780
Reconciliation ofnet income to net cash flow from operating activities f
Net income for the reporting
period
( as per statement offinancial activities) 46,331 -31,111
Adjustlne Ats fof:
Depreciation
and amortisation
charges
0 0
Profit on the sale offixed assets 0 0
Loss on the sale offixed assets 0 0
Gains on investments 0 0
Dividends,
interest and rents from investments
-15,584 -20,634
Decl'ease/(IAcfease)
!Astocks
(increase)/decrease
in debtors
-20,976 23,469
increase/(decrease)
in creditors
5,066 -39,084
Analysis ofcash and cash equivalent f f
Cash in hand -133,783 59,700
Short term deposit (less than 3months) 253,563 278,079
Total cash BAd cash equivalents 119780 337,779

Church 4Little Comm on R1
Miss Carolyn
Lapping
ep
Mr David Hobson Rep 2
Mrs Yvonne Pearson Rep 3
Mr John Troughton Rep 4
Church 5Ninfield
Mr Paul Burson Rep 1
Mrs Maureen Wood Rep 2
Mr David Swales Rep 3
Church 6Pett
Mr Kenneth
Hatch
Rep 1
Mr Keith Miller Rep 2
Mrs Carol Shortman (until "stMarch 2021) Rep 3
Mr David Shortman (wef 9th February 2021) Rep 4
Mrs Wendy Hatch
Mr Anthony
Collins
(until 31s't December 2020) Rep 5
Rep 5
Church 7 Rye
Mr Paul Martin Rep 1
Mrs Marilyn
Martin
Rep 2
Mr Andrew
Irving (wef 21stSeptember 2020)
Rep 3
Church 9StHelens
Mrs Diane Funnell Rep 1
Mr Michael Lambourne Rep 2
Mr David Funnell Rep 3
Church 10St Leonards-on-Sea
Mrs Sheila Sinden Rep 1
Mr Rodney Sinden Rep 2
Mrs Heather
Brown
Rep 3
Mrs Pearl Page Rep 4
Mf Terry Novis Rep 5
Church 11Trinity
Mrs Angela Pepper Rep 1
Mr Stephen
Hampson
Rep 2
Mrs Frances Parnham Rep 3

Signature ofthe Chair ofthe meeting P iy [i~/~z)
Name ofthe Chair ofthe meeting Rev PhiTip Wagstaff