2023-08-31-accounts

	Page
ReportoftheTrusteesandStatementofTrustees’ 1to7
Responsib冊ies
IndependentAuditorsReport	8tolO
StatementofFinancialActivities	ll
BalanceSheet	12
CashFiowStatement	13
NotestoCashFlowStatement	14
NotestotheFinanciaIStatements	1与to21

CurrentReservesat31August2023
TrusteesforMethodistChurchPurposes(TMCP)	鮎88,171
Cent「aiFinanceBoard(CFB)	豊76,502
CurrentAccount(Co-OPerativeBank)unrestrictedfunds	豊7与,214
CurrentAccount(Co-OPerativeBank)restrictedfunds	豊9,与43
TOTAし		豊749,430
Commitments
Deacon:Stipend,PenSion,NICf41,700piusexpensesforoneyear	王4与,000
LayWorkers:
Thi「dAvenue/MCMCYouthPastorsgrantoff5,000p.a.	鮎,000
MCMCChineseしayPastor:f37,000p.a.foratIeast2years	王74,000
Redundancypayments-SetaSide	鮎0,000
丁o丁Aし		登宣74,000
UncommittedFunds		鮎7与丁430
ReservespoIicy

				31.8.23	31.8.22
		Unrestricted Restricted		TotaIfunds	Totaifunds
		funds	fund
	Notes 王 王			王	豊
lNCOMINGRESOURCES
lncomlngreSourCeSfromgeneratedfunds
Voluntaryincome	ま 443,778 103,931
investmentincome	3 23,326
Otherincomingresou「ces	4 18,190
TotaIincomIngreSOurCeS		48与,294 103,931
RESOURCESEXPENDED
CharitabIeactivities HongKongcommunityintegration Grantsanddonations Govemancecost§ Othe=esourcesexpended	与 一 〇 6 7 8	16,320 17,862 4,380 562,与03 92,394		16,320 17,862 4,380 6与4,897	2,22与 6与,031 4,320 与86,212
Totairesourcesexpended		与84,74与 108,714
NETOUTGOiNGRESOURCES		(99,4与1) (4,783)		〈104,234)
Otherrecognisedgains/Iosses
Revaluationofmanses		(1,2与4,861)		(1,2与4,861〉
		(1,3与4,312) (4,783)		(1,3与9,09与)	640,967
RECONCIしIA丁10NOFFUNDS
Totalfundsbroughtfo「ward		与,698,与39 14,326		与,712,86与	与,071,898
Transfersbetweenfunds
TOTAしFuNDSCARRiEDFORWARD		4,344,227		4,3与3,770	与,712,86与

			31.8.23 31.8.22
		Unrest「icted Restricted	TotaIfunds Totalfunds
		funds fund
	Notes 王 王		壬 王
HXさDASS言丁S
Tangibleassets	13 3,608,081		3,608,081 4,863,与9与
CURREN丁ASSE丁S
Cashatbank		739,887 9,与43	749,430 868,278
Debtors	14 12,与36		1之,与36 939
		7与2,423 9,与43	76ユタ966 869,217
CRさDi丁ORS
Amountsf吉備ngduewithinoneyear	l与∴∴∴∴(16,277)		(16,277) (19,947)
NE丁CURREN丁ASSETS 736,146			74与,689 849,270
TOTALASSETSしESSCURRENTしIABiしITiES 4,344,227 9,与43			4,3与3,770 与,712,86与
NE丁ASSETS 4,344,227			4,3与3,770 与,アユ2,86与
戸UNDS 17
Unrestrictedfunds			4,344,227 与,698,与39
Restrictedfunds			9,与43 14,326
TOTALFUNDS			4,3与3,770 与,712,86与

		31.8.23
	Notes	豊
Cashflowsfromoperatingactivities: Cashgeneratedfromoperations	(a)	(1哩
Netcashprovidedby(usedin)operatingactivities		(宣4之.174I
Cashflowsf「ominvestingactivities:
AdditionsoftangibIefixedassets
Netcashprovidedby(usedin)investingactivities		(14ま,174)	(60,72之)
CashfIowsfrom惰nancIngaく請vities:
lnterestreceived
Netcashprovidedby(usedin)financingactivities
ChangeincashandcashequlVaIentsinthe
reportingperiod
CashandcashequIVaientsatthebeginning
Ofthereportingperiod
CashandcashequiValentsattheendofthe
repo両ngperiod			868,278

	31.8.23	31.8.22
	王	豊
Netincome/(expenditure)fortherepo巾ngpe「iod(asperthe (1,3与9,095)		640,967
StatementOffinancialactivities)
Adjustmentsfor:
RevaluationoffreehoIdprope巾es	1,2与4,861	(714,693)
Depreciationcharges	6与3	6与6
lnterestreceived	(23,326)	(3,710〉
Decrease/(inc「ease)indebtors	(11,与97)	1之,319
(Dec「ease)/increaseincredito「s	(3,670)	与,871

		31.8.23 31.8.22
		豊 f
	Assessmentorshare	443,778 460,860
	Grants	103,931 74,640
		与47,709 与3与,与00
	Grantsreceived,inciudedintheabove,a「eaSfollows:
		31.8.23 31.8.22
		王 重
	GrantsreceivedfromMethodism	9与,与31 64,089
	Non-Methodistgrants	8,400 10,与与1
		103,931 74,640
3. 1NVESTMENTINCOME
		31.8.23 31.8.22
		ま ま
	lnterestandinvestmentincome	23,326 3,710
4. OTHERINCOMINGRESOuRCES
		31.8.23 31.8.22
		王 王
	Rentsreceived(netofcosts)	17,077
	Coliectionsanddonations	1,113
	T「ansfersfrom MCF

	Grantfunding
	Ofactivities Supportcosts
	(Seenote6)(Seenote8)
	王 王
HongKpngcommunityintegration	16,320
Grantsanddonations	17,862

6. GRANTS,DONA¶ONSANDCHAR町ABしEACTIV町IES
		31.8.23 31.8.22
		豊 豊
HongKongcommunityintegration		16,320 2,22与
DonationtoEmmanueIChurch,Eastboume		10,000
W描andreco「dingequipmentforchurches		7,862
7. GOVERNANCECOSTS
		31.8.23 31.8.22
		ま ま
Auditors’remuneration		4,380 4,320
8. SUPPORTCOSTS
	Human
	reSOurCeS	Other Totais
	豊	仁 王
Othe「resourcesexpended(note9)	38,与62	6与4,897 693,4与9
		6与4,897 693,4与9
9. OTHERRESOURCESEXPENDED
		31.8.23 31.8.22
		王 豊
T「ustees’expenses		18,137 18,014
Stipends,Salaries,NICandpensioncosts		398,648 341,83与
DistrictAssessment		100,193 103,396
DistrictLevyonCircuitAdvanceFund		46,841 与0,020
Insurance,ut冊ies,etC		38,344 23,306
Maintenanceonmanses		16,649 27,364
TeIephone		1,371 2,823
Depreciationoffixturesandfittings		6与3 6与6
Otherexpenditure		34,061 18,798
		6与4,897 与86,212

	31.8.23 31.8.22
	書 生
Wagesandsalaries	322,716 271,79与
SociaIsecuritycosts	18,362 21,79与
Pensioncosts	うう,377 46,310
Apprenticeshiplevy	之,193 1,93与
	398,648 341,83与

ANGIBしEFIXEDASSETS
	Freehold Fixturesand
	PrOPerty Fittings	丁otaIs
	重 量	王
COSTORVALuATION
AtlSeptember2022	4,861,61与 3,704	4,86与,319
Additions
DisposaIs
RevaIuations	(1,2与4,861〉	(1,2与4,861)
At31August2023	3,606,7う4	3,610,4与8
DEPRECiATION
AtlSeptember2022
Eliminatedondisposai
Chargeforyear
At31August2O23
NETBOOKVAしUE
At31August2023	3,606,7与4	3,608,081
At31August2022	4,861,61与	4,863,与9与

	Net	Transfers
	movementin	between
	Atl.9.22 Funds	funds At31.8.23
	重 畳	ま ま
unrestrictedfunds
Generalfund	4,9与7,321(101,与66)	(1,099,699)	3,7与6,0与6
CircuitModeiTrustFund	741,218 (1,2与2,746)	1,099,699	与88,171
	与,698,与39 (1,3与4,312)
Rest「ictedfunds
Restrictedfund	14,326 (4,783)
TOTAしFuNDS	与,712,86与 (1,3与9,09与)		4,3与3,770
Netmovementinfunds,includedintheaboveareasfoIlows:
	lncomlng Resources	Gainsand	Movementin
	Resources expended losses funds
	仁 王 ま ま
Unrestrictedfunds
Gene「aifund	466,847 (与68,413) (101,与66)
CircuitModelTrustFund	18,447 (16,332)(1,2与4,861)(宣,2与2,746)
	48与,294 (与84,74与)(1,2与4,861)(1,3与4,312)
Restrictedfunds
Restrictedfund	103,931 (108,714) (4,783)
TOTAしFuNDS	与89,225 (693,4与9)(1,2与年86耳 (1,3与9,09与)