## 

## 

## 

## 

||Names ofthe charity|trustees who manag|e the|charity|||
|---|---|---|---|---|---|---|
||Trustee name|Office (ifany)||Dates acted <br>whole year|ifnot for|Name ofperson (or body)<br>entitled to appoint trustee (if<br>an|
||Revd Mark Liddicoat|Presbyter<br>(Chairman|of|Resigned|01/09/21|Ex officio|
|||Circuit Meeting)|||||
||Revd Mark Dunn-|Presbyter||||Ex officio|
||Wilson||||||
||Revd Aubin de|Chaplain<br>to Truro School||||Ex-officio|
||Gruchy||||||
||Mrs Janet Tredrea|Lay Worker||||Ex officio|
||Mrs Sue Strawford|Lay Worker||||Ex officio|
||Mr Adrian<br>Mitchell|Lay Worker||||Ex officio|
||Mr James Taylor|Lay Worker||Resigned|01/09/21|Ex officio|
||Mrs Victoria Hocking|Lay Worker||||Ex officio|
||Mr David Crocker|Lay Worker||||Ex officio|
|10|Karen Potts|Lay Worker||||Ex officio|
||Mrs Rita Soper|Circuit Administrator||||Ex officio|
|12|Mr Malcolm<br>Kingston|Circuit Finance Steward||Appointed|06/02/20|Circuit Meeting|
|||||Resigned|21/12/21||
|13|Mr Graham<br>Baines|Circuit Steward||||Circuit Meeting|
|14|Mrs Jayne Thomas|Cirucit Steward||Appointed|01/09/20|Circuit Meeting|
|15|Mr Russel Keeble|Circuit Steward||Appointed|06/02/20|Circuit Meeting|
|||||Resigned|14/10/20||
|16|Revd Derek Collins|Supernumerary||||Ex officio|
|17|Revd Dr John<br>Johnson|Supernumerary||||Ex officio|
|18|Revd Janet Knowles-<br>Berry|Supernumerary||||Ex officio|





|19|Revd Margaret<br>Ba mes|Supernumerary|||Ex officio||
|---|---|---|---|---|---|---|
|20|Mrs Mary Adams||||Allet Church<br>Council||
|21|Mr Peter Keast||||Allet Church<br>Council||
||||||Carnon<br>Downs Church<br>Council||
|22|Mrs Linda Richards||||||
|23|Mr lan Street|Circuit Steward from<br>4/2/21|||Carnon<br>Downs Church<br>Council||
||||||Carnon<br>Downs Church<br>Council||
|24|Mrs Daphne<br>Dunstan||||||
||||||Chacewater<br>Church|Council|
|25|Mrs Alison<br>Murfin||||||
||||||Chacewater<br>Church|Council|
|26|Mr Barrie Tippett||||||
|27|Mrs Daphne Webber||||Chacewater<br>Church|Council|
|28|Mr David Robshaw||||Devoran<br>Church|Council|
|29|Mrs Elaine Fletcher||||Devoran<br>Church|Council|
|30|Mrs Alison Curry||||Feock Church<br>Council||
|31|Ms Jessica Rush||||Feock Church<br>Council||
|32|Mrs Angela<br>Richards||||Feock Church<br>Council||
|33<br>34|Mr Roy Picken<br>Mrs Mandy Richards||||Feock Church<br>Council<br>Hicks<br>Mill Church<br>Council||
|35|Mr Derrick Richards||Resigned|01/09/21|Hicks<br>Mill Church|Council|
|36|Ms Joanna Richards||||Hicks<br>Mill Church|Council|
|37|Dr Vicky Claridge||||Penpoll<br>Church|Council|
|38|Mrs Penny<br>McClymont||||Penpoll<br>Church|Council|
|39|Mr Trounce Guy||||Portloe Church|Council|
|40|Mrs Joyce Gilbert||||Portloe Church|Council|
|41|Mrs Elsie Thomas||||Portscatho<br>Church<br>Council||
||Mrs Denise Deighton||||Portscatho<br>Church<br>Council||
||||||Shortlanesend<br>Church<br>Council||
|44|Mrs Diane Taylor||||||
||||||Shortlanesend<br>Church<br>Council||
|45|Mr Ross Rousnsevell||||||
||||||Shortlanesend<br>Church<br>Council||
|46|Mrs Heather<br>Rounsevell||||||
||||||Threemilestone<br>Church||
|47|Mrs Gill Harris||||Council||
|48|Mr Sid Deeble||||Trispen<br>Church|Council|
|49|Mr Ernie Dymond||||Trispen<br>Church|Council|
|50|Mr Nick Cole||||Trispen<br>Church|Council|
|51|Mrs Priscilla Davis||||Trispen<br>Church|Council|
|53|Mrs Peggy Morris||Resigned|01/09/21|Truro with Tresillian<br>Church<br>Council||
|54|Mr Andrew<br>Bersey||Resigned|01/09/21|Truro with Tresillian<br>Church<br>Council||
||||||Truro with Tresillian|Church|
|55|Ms Helen Nicholson||||Council||
||||||Truro with Tresillian|Church|
|56|Mr Steve Nicholson||||Council||
||||||Truro with Tresillian|Church|
|57|Mrs Hilary Nicholson||||Council||
||||||Truro with Tresillian|Church|
|58|Mr Roger Joll||||Council||





|59|Mr|Philip|Davey|Truro with Tresillian<br>Council|Truro with Tresillian<br>Council|Church|
|---|---|---|---|---|---|---|
|60|Mr|Brian|Hayward|Twelveheads|Church|Council|
|61|Mr|Martyn|Philips|Twelveheads|Church|Council|
|62|||||||
|63|||||||
|64|||||||
|66|||||||
|67|||||||



## 

|Type ofadviser|Name|Address|||
|---|---|---|---|---|
|Accountants|Francis Clark LLP|Lowin House,|Tregolls Road, Truro, TR1 2NA||
|Name ofchief executive|or names ofsenior|staff members|(Optional|information)|






||Type of governing<br>document|Type of governing<br>document|Act of Parliament|Act of Parliament|||||||
|---|---|---|---|---|---|---|---|---|---|---|
||How the charity is constituted<br>)i,||Trust||||||||
||Trustee selection methods<br>.)'')||Appointed<br>by Circuit Meeting or individual<br>Church<br>Councils (some<br>Trustees are ex officio)||||||||
|Additional<br>governance<br>issues (Optional||||information)|||||||
|You may choose to include<br>additional<br>information,<br>where<br>relevant,<br>about:|||Induction/Training:<br>~<br>Range ofguidance<br>provided<br>~<br>'The Role ofa Trustee'<br>leaflet||||by Methodist<br>Connexion<br> available<br>to Trustees||||
|~|policies and procedures<br>adopted<br>for the induction<br>and||Structure:<br>~<br>Part ofthe Cornwall||and Isles of Scilly|||District|ofThe Methodist||
||training<br>oftrustees;||~|Church<br>Accountable<br>to the|Methodist||Conference||||
|~|the charity's<br>organisational||||||||||
||structure<br>and any wider||Risks:||||||||
||network<br>with which the charity<br>works;||~|Property<br>8 Financial<br>meetings|risks considered|||by regular Leadership||Team|
|~|relationship<br>with any related<br>parties;||~<br>~|Major risks considered<br>by the Circuit Meeting<br>Professional<br>advice taken as required (e.g. legal advice)|||||||
|~|trustees'<br>consideration<br>of||~|Adopted<br>Safeguarding||Policy, with approved|||Safeguarding|training|
||major risks and the system|||programme|||||||
||and procedures<br>to manage||||||||||
||them.||||||||||
||||~ ~|~<br>~|||||||
||||Set out in the Methodist<br>Church Act||||1976(clause 4)||—synopsis—||
||||Advancement<br>of Religion and|||any charitable||purpose|ofthe Methodist||
|$ummary<br>ofthe objects ofthe|||Church|or church organisation.||(See Methodist<br>Church<br>Act 1976)|||||
|charity set out in its|||||||||||
|governing<br>document|||||||||||





## 



## 



|Brief statement|Brief statement|ofthe|It is the policy ofthe Circuit to hold at least six months<br>expenditure<br>hand (approximately<br>f145,000).Reserves are currently f412,000.|in<br>The|
|---|---|---|---|---|
|charity's|policy|on reserves|excess balance<br>is held<br>in reserve to support<br>mission<br>and ministry||
||||projects ofthe Circuit and individual<br>Churches.<br>The policy is currently||
||||under review as we prepare to amalgamate<br>with the Newquay,||
||||Perranporth<br>and StAgnes Circuit and re-assess our priorities.||
|Details ofany funds materially<br>in deficit|||None||



## 

|Further financial<br>review details|Further financial<br>review details|(Optional<br>information)|(Optional<br>information)|(Optional<br>information)|(Optional<br>information)|
|---|---|---|---|---|---|
|You may choose to include<br>additional<br>information,<br>where||Principal sources offunds:<br>~<br>Agreed<br>annual assessments<br>paid by Circuit Churches||||
|relevant about:||~|Rental from two manses|||
|~|the charity's<br>principal<br>sources offunds (including<br>any fundraising);|Expenditure<br>on Objectives<br>~<br>Most ofthe expenditure<br>is related <br>of presbyters<br>and lay workers||to the|pay and associated costs|
|~|how expenditure<br>has|~|Annual<br>assessment<br>paid to the Cornwall||District ofthe Methodist|
||supported<br>the key objectives||Church|||
||ofthe charity;|||||
|~|investment<br>policy and<br>objectives<br>including<br>any<br>ethical investment<br>policy|Investment<br>Policy<br>~<br>Uncommitted<br>funds are deposited<br>Church<br>Purposes,<br>who maintain||with the Trustees for Methodist<br>a policy ofethical investment||
||adopted.|||||
||||-|||
|||~|~ ~<br>~<br>~<br>r<br>~|||





TAR
March 2012

# 

## 

## 

## 

## 

## 

## 



## 

## 

|||Notes to<br>the<br>accounts|Notes to<br>the<br>accounts|General Fund<br>(Unrestricted)|Circuit Model<br>Trust<br>(Unrestricted)|Circuit Model<br>Trust<br>(Unrestricted)|Circuit Model<br>Trust<br>(Unrestricted)|Designated<br>Funds<br>(unrestricted)|Designated<br>Funds<br>(unrestricted)|Designated<br>Funds<br>(unrestricted)|Designated<br>Funds<br>(unrestricted)|Designated<br>Funds<br>(unrestricted)|Designated<br>Funds<br>(unrestricted)|Designated<br>Funds<br>(unrestricted)|Designated<br>Funds<br>(unrestricted)|Restricted<br>Funds|Restricted<br>Funds|Restricted<br>Funds|Restricted<br>Funds|Endowment<br>Funds|Endowment<br>Funds|Endowment<br>Funds||Total|2020-<br>21|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|s<br>iy investment<br>Income<br>1<br>Donations<br>and legacie<br>2<br>Income from moneta|||4<br>7|1;649 '::.', :<br>~ -: -" "-:<br>':,,"::.'„',392:;-';.,=;:**,**: .';;;;.'.;:<br>'-'217.'-,,'.|||||||'<br>' "':3'374'=<br> ':.',-.":.: '<br>',.—::;:i,";;<br>'';;.„.<br>:,',::":;35;-'l!i';.,':;. ,".,'.:;:;;:;:i,"';:.::;!"..I||||||||||||||5,023<br>644|
|nt properties<br>3<br>Income from investme||||||||||||||||||||||||||
|ches<br>4 Assessments<br>on Chur|||||||||||||||||||||||||217,882|
|5<br>Capital Receipts||||||||||||||||||||||||||
|6<br>Grants received|||4||||||||||||||||||||||26,900|
|7<br>Other charitable<br>incom|||5||||||||||||||||||||||31,200|
|8Total income||||278,023|||2'I7||||||||3,374||||35||||||281,649|
|Expenditure||||||||||||||||||||||||||
|9<br>Grants and donations||||||||||||||||||||||||||
|10Salaries and associated costs|||10|,'..';/II95,<br>'.69'0.,';:-i||..;:,''-.';,:,:;''..i.":;;:::;**,**<br>;,'--::::'.,';;;,::;-',:,<br>-'.<br>,<br>-".'-.':,.=';:;:::;:;.<br>,-.'-".,- ':,':.';-";::,',.::-.':::.,';;.',:::;,<br>'.:;='-;':-:!.'-;.,<br>-'-,.<br>;:;".,:::**.**-<br>I|||||||||||||||||||195,690|
|11 Property maintenance|||||||||||||||||||||||||6,478|
|ent &model <br>12Connexional<br>assessm||trust|levy|||||||||||||||||||||||
|Levy<br>13District Assessment<br>&|||||||||||||||||||||||||55,428|
|14Depreciation|||||||||||||||||||||||||1,625|
|15Office expenses||||||||||||||||||||||||||
|16Other outgoings<br>17Total charitable<br>expenditure<br>18Gains/(losses)<br>on monetary<br>investments||||30",.753. ::.':."-:-':'!.;J'."1-;,139 .',<br>'-<br>289,974<br>1,139<br>.:",.'1',020,',: .',,-:,.";, -,;::;"-:;:**-**:.'|||||||.|'..<br>~||-':,",' .",.:,.' -!":.<br>-.:.'. ,„**.**<br>.„;;:.<br>.-,<br>-,:...;.,::,;;;,,;.. .<br>I<br>-'-,-::::-,'",'';,:-,:;-'.-; 351'. ;i':.-!.":.i';,:-,:."'':-;:„'"-:,':I|||||||||||31,892<br>291,113<br>1,371|
|19Gains/(losses)<br>on investment|properties|||||||||||||||||||||||||
|20 Net income/(expenditure)||||10,931 -|||922||||||||3,374||||386||||||8,093|
|21 Transfers<br>between<br>funds||||||||||||||||||||||||||
|22 Other gains/(losses)||||||||||||||||||||||||||
|23 Net movement<br>in funds<br>24 Total funds brought<br>forward||||2,283 -<br>','41'21506,;||9,570<br>!''- 'i,,'ll'827i855"".||:.'.||""'"'''''I'"|||||3,374<br> I"'"'i''".'"'"''' "'," '|||386<br> '2'202.'||||||8,093<br>1,242,563||
|25Total funds carried forward||||410,223||818,285|||||||||3,374|||2,588||||||1,234,470||





## 

|Truro Methodist<br>Circuit|Truro Methodist<br>Circuit|||||Circuit No<br>|Circuit No<br>|Circuit No<br>|12/04|
|---|---|---|---|---|---|---|---|---|---|
|Statement||of Financial Activities (SOFA) for the year ended||||31August 2020||||
|||Notes to<br>the<br>accounts|General Fund<br>(Unrestricted)|Circuit Model<br>Trust<br>(Unrestricted)|Designated<br>Funds<br>(unrestricted)|Restricted<br>Funds||Endowmen<br>t Funds|Total<br>2019-20|
|Income||||||||||
|1<br>Donations<br>and legacies<br>2<br>Income from monetary<br>investments|||565<br>2,056|583|||38||565<br>2,679|
|3<br>Income from investment<br>properties<br>4<br>Assessments<br>on Churches|||227,274||||||227,274|
|5<br>Capital Receipts<br>6<br>Grants received|||13,710||||||13,710|
|7<br>Other charitable<br>income|||28,217||||||28,217|
|8Total income|||271,824|583|||38||272,445|
|Expenditure||||||||||
|9<br>Grants and donations||||||||||
|10Salaries and associated costs||10|185,829||||||185,829|
|11 Property maintenance|||2,741||||||2,741|
|12Connexional<br>assessment<br>& <br>13District Assessment<br>& Levy<br>14Depreciation|model trust levy||52,792<br>2,166||||||52,792<br>2,166|
|15Office expenses<br>16Other outgoings<br>17Total charitable<br>expenditure|||36,989<br>280,517|2.333<br>2,333|||||39,322<br>282,850|
|18Gains/(losses)<br>on monetary|investments||99||||141||240|
|19Gains/(losses)<br>on investment||properties||||||||
|20 Net income/(expenditure)|||8,792|1,750|||103||10,645|
|21 Transfers<br>between funds|||43,000|43,000||||||
|22 Other gains/(losses)<br>23 Net movement<br>in funds|||34,208|44,750|||103||10,645|
|24Total funds brought<br>forward<br>25Total funds carried forward|||378,298<br>412,506|872,605<br>827,855||2,305<br>2,202|||1,253,208<br>1,242,563|





## 

|||Notes to the|General Fund<br>(Unrestricted)|Circuit Model<br>Trusts<br>(Unrestricted)|Circuit Model<br>Trusts<br>(Unrestricted)|Designated<br>Funds<br>(Unrestricted)|Designated<br>Funds<br>(Unrestricted)|Restricted<br>Funds|Restricted<br>Funds|Restricted<br>Funds|Endowment<br>Funds|Totals 2021|Totals 2020|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||Accounts||f||||||||||
|Fixed Assets||||||||||||||
|Circuit Menses & Equipment|||25,678||784,719|||||||810,397|801,055|
|Investment<br>properties||||||||||||||
|Investments||12|6,578||||||1,657|||8,235|6,864|
|Total fixed|assets||32,256||784,719||||1,657|||818,632|807,919|
|Current Assets||||||||||||||
|Debtors and prepayments||13|5,947|||||||||5,952|13,096|
|Loans by the Circuit||||||||||||||
|Investments<br>with TMCP||||||||||||||
|Trustees for Methodist<br>Church Purpose||14|||33,545|||||254||33,799|34,669|
|Central Finance Board Deposits||14|282,572|||||||||282,572|284,523|
|Cash at Bank and<br>in hand||14|92,385||16||3,374|||677||96,452|109,498|
|Total current|assets||380,904||33,566||3,374|||931||418,775|441,786|
|Current<br>liabilities||||||||||||||
|Creditors (due in under<br>1 year)||15|2,937|||||||||2,937|7,142|
|Total current liabilities|||2,937|||||||||2,937|7,142|
|Net current asseisiliabilitles|||377,967||33,566||3,374|||931||415,838|434,644|
|Total assets less cunenl liabilities|||410,223|818,285|||3,374||2,588|||1,234,470|1,242,563|
|Long term liabilities||||||||||||||
|(due after more than one year)||||||||||||||
|Loans by the Circuit||||||||||||||
|Net|assets||410,223|818,285|||3,374||2,588|||1,234,470|1,242,563|
|Funds ofthe Circuit||||||||||||||
|General<br>Fund (Unrestricted)||18|410,223|||||||||410,223|412,506|
|Circuit Model Trust Funds (Unrestricted)||||818,285||||||||818,285|827,855|
|Designated<br>Funds (Unrestricted)||18|||||3,374|||||3,374||
|Total Unrestricted|Funds|||||||||||1,231,882|1,240,361|
|Restricted<br>Funds||18|||||||2,588|||2,588|2,202|
|Endowment<br>Funds||||||||||||||
|Total|Funds||410,223|818,285|||3,374||2,588|||1,234,470|1,242,563|
|||||||||Signed||||||





## 

## 

|1. Basis ofaccounting<br>The financial statements<br>have been prepared<br>under the historic cost convention,<br>and<br>in accordance<br>with the 2019version <br>and Reporting<br>by Charities: Statement ofRecommended<br>Practice (SORP) applicable to charities<br>preparing<br>their accounts<br>with FRS102 —the Charities SORP (FRS102) and the Charities<br>Act 2011.|1. Basis ofaccounting<br>The financial statements<br>have been prepared<br>under the historic cost convention,<br>and<br>in accordance<br>with the 2019version <br>and Reporting<br>by Charities: Statement ofRecommended<br>Practice (SORP) applicable to charities<br>preparing<br>their accounts<br>with FRS102 —the Charities SORP (FRS102) and the Charities<br>Act 2011.|ofAccounting<br>in accordance|ofAccounting<br>in accordance|
|---|---|---|---|
|2. Funds||||
|The funds held constitute:<br>General<br>Funds held for any purpose ofthe Circuit which are Unrestricted.<br>The Circuit|Model Trust Fund has|||
|wide purposes<br>defined<br>in Standing<br>Orders and is categorised as unrestricted.<br>Restricted<br>funds which are held for a narrower<br>purpose.<br>Details ofeach material<br>fund are disclosed<br>in the final note to these accounts.<br>Any funds may be represented<br>by more than just cash.||||
|3. Accounting<br>policies||||
|Basis||||
|These accounts have been prepared<br>on the basis of historical cost except that investments<br>are shown at their market value at the end<br>ofthe year, on the accruals basis to show a true and fair view ofthe Circuit's financial<br>position and activities.||||
|income recognition||||
|Income is included<br>in the Statement of Financial Activities (SOFA) when the Circuit becomes entitled<br>to the resources,<br>and the trustees||||
|are reasonably<br>certain they will receive the resources; and<br>the monetary<br>value can be measured<br>with sufficient|reliability.|||
|Resources expended||||
|This is recognised<br>when a liability is incurred,<br>or a constructive<br>obligation<br>arises, that results<br>in the payment<br>being unavoidable.<br>Liabilities are recognised<br>as soon as an outflow of economic benefit is considered<br>more likely than not under the legal or constructive||||
|obligation<br>committing<br>the Circuit to pay out resources.||||
|Grants||||
|Grants made by the Circuit from its own funds are recognised<br>in full at the time ofagreement<br>or when the Circuit accepts that there is a<br>legal or operational<br>obligation<br>to make the payment.<br>When the grant is recurrent<br>over more than one year the balance payable<br>in future<br>years is treated as a provision<br>for future commitments<br>in the Balance sheet against the appropriate<br>fund, the provision<br>being released<br>in||||
|future years as instalments<br>are paid<br>in accordance<br>with the originally<br>agreed terms.||||
|VAT||||
|Since the Circuit is not VAT registered,<br>all input VAT is charged<br>with the expenses to which<br>it refers.||||
|Tangible fixed assets for use by the Circuit<br>Tangible fixed assets are capitalised<br>ifthey can be used for more than one year, and costat least E1,000. The freehold<br>property<br>is<br>shown<br>in the accounts at original cost and improvement<br>expenditure<br>to date. No depreciation<br>is provided<br>on the buildings<br>because the<br>trustees<br>consider the current<br>residual<br>fair value ofthe manse<br>buildings<br>(on the assumption<br>that it had reached the end ofits useful||||
|economic<br>life by the year-end)<br>to be not less than its current value. Any depreciation<br>would not be material. The|property|has been||
|reviewed<br>for impairment.||||
|Depreciation<br>Depreciation<br>is charged as to write offthe cost ofthe assets, other than freehold<br>property,<br>over their estimated|useful lives, as follows:|||
|Asset class<br>Depreciation<br>method<br>and rate||||
|Fixtures, fittings and equipment<br>25% reducing<br>balance||||
|Investment<br>Properties||||
|Investment<br>properties - no property<br>is currently<br>deemed to not be held for the long term purposes<br>ofthe charity.||||
|Investments||||
|Investments<br>are valued<br>in the balance sheet at market value at the year end.<br>Investment<br>income is included<br>in|the accounts when|||
|receivable<br>and any gains or losses on revaluation<br>at the year end are shown<br>in the SOFA.||||
|Debtors and Prepayments||||
|These amounts<br>are owed to the Circuit and include the payment ofthe September<br>stipend<br>in August, together<br>with other||prepayments||
|and accrued income.||||
|Creditors||||
|Creditors<br>include<br>both sundry expenses<br>and specifically the 1stquarter assessment<br>received<br>in advance.||||





||||||||Truro Methodist|Circuit||
|---|---|---|---|---|---|---|---|---|---|
|4.<br>Donations||and legacies||Unrestricted|Circuit Model|Designated|Restricted|2021|2020|
||||||Trust Fund|Funds||Total|Total|
|||||E|||F|||
|Donations||||1,649||3,374||5,023|565|
|Grants||||8,678||||8,678|2,000|
|Furlough|grant|||18,222||||18,222|11,710|
|Total||||28,549||3,374||31,923|14,275|
|5. Charitable||activities||Unrestricted|Circuit Model|Designated|Restricted|2021|2020|
||||||Trust Fund|Funds||Total|Total|
|Manse rental income||||31,200||||31,200|28,217|
|Sundry||||||||||
|Total||||31,200||||31,200|28,217|
|6.<br>Investment||income||Unrestricted|Circuit Model|Designated|Restricted|2021|2020|
||||||Trust. Fund|Funds||Total|Total|
|||||E|F||E|||
|Interest and dividends||||392|217||35|644|2,679|
|Total||||392|217||35|644|2,679|
|7. Other|trading||activity|Unrestricted|Circuit Model|Designated|Restricted|2021|2020|
||||||Trust Fund|Funds||Total|Total|
|Other income||||||||||





## 

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|||Currently|the Truro Methodist|Circuit owns four|manses;|32 Hurland|32 Hurland|Road, 1 Huthnannce|Road, 1 Huthnannce|Road, 1 Huthnannce|
|---|---|---|---|---|---|---|---|---|---|---|
|||Close, 4 Pengelly Way and 9||Blackberry Way,|together|with various||fixtures, fittings and|||
|||equipment.|||||||||
||||||||Payments||on||
||||||Fixtures,||account and||||
|||Residential|||fittings|and|assets under||||
|||Land|Other Land|Manses<br>E|equipment<br>f||construction|||Total|
|Balance brought forward||||794,556|33,920|||||828,476|
|Additions||||10,966||||||10,966|
|Revaluations<br>(+/-)|||||||||||
|Disposals (-)|||||||||||
|Transfers *(+/-)|||||||||||
|Balance carried foiward||||805,522|33,920|||||839,442|
|Accumulated<br>depreciation|||||||||||
|Balance brought|forward||||27,421|||||27,421|
|Depreciation<br>charge for year (-)||||||1,625||||1,625|
|Revaluations<br>(+/-)|||||||||||
|Disposals (-)|||||||||||
|Transfers* (+/-)|||||||||||
|Balance carried|forward||||29,046|||||29,046|
|Net book value|||||||||||
|Brought forward||||794,556||6,499||||801,055|
|Carried forward||||805,522||4,874||||810,396|





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||||This year|Prev year|
|---|---|---|---|---|
|Analysis of investment|movements||||
|Investments<br>listed on a|recognised|Stock Exchange|||
|Investments<br>held<br>in CFBManaged||Funds|8,235|6,864|
|Securities not listed on|a recognised|stock exchange|||
|Other investments|||||
|Total|||8,235|6,864|
||||This year|Prev year|
|Change<br>in investment|values||||
|Carrying<br>market<br>value|at beginning|ofyear|6,864|7,104|
|Add: additions<br>to investments<br>at cost|||||
|Less: disposals at carrying<br>value|||||
|Net gain/(loss)<br>on revaluation|||1,371|-240|
|Carrying<br>market<br>value|at end of year||8,235|6,864|





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||||Truro Methodist<br>Circuit|||
|---|---|---|---|---|---|
|13. Analysis ofcurrent assets||||This year|Last year|
|Debtors and prepayments||||||
|Prepayments||||5,842|8,658|
|Accrued income||||110|4,438|
|Total debtors and|prepayments|||5,952|13,096|
|14 Analysis ofcash|at bank|||||
|Bank balance<br>held|at Lloyds TSBCurrent account|||96,453|109,498|
|Bank balance held|in TMCP Circuit Model Trust Fund|||33,799|34,669|
|Bank balance<br>held|in Stipends Account||/ CFBAccount|282,572|284,523|
|Central Finance Board Circuit Fund Accounts||||||
|Total Cash and Bank||||412,824|428,690|
|15. Analysis ofcurrent<br>liabilities||and long term creditors||||
|Trade creditors||||341|1,172|
|Other creditors|||||1,858|
|Deferred income|||||1,639|
|Accruals||||2,596|2,473|
|Total Current<br>Liabilities||||2,937|7,142|



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|Unrestricted|Funds||||||||
|---|---|---|---|---|---|---|---|---|
|Fund Name|||Opening|Income|Expenditure|Transfers|Closing|Purpose ofthe|
||||Balance||||Balance|fund|
|General<br>Fund|||412,506|279,043|289,974|8,648|410,223||
|Designated|Funds|||3,374|||3,374||
|CMTF|||827,855|217|1,139|-8,648|818,285||
|||Totals|1,240,361|282,634|291,113||1,231,882||



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|Restricted|Fun|ds|||||||
|---|---|---|---|---|---|---|---|---|
|Fund Name|||Opening|Income|Expenditure|Transfers|Closing|Purpose ofthe|
||||Balance||||Balance|fund|
|Probus<br>Holding||fund|1,307|351|||1,658|Future works at<br>Probus|
|||||||||Interest from|
|Interest<br>in Current Account|||795|35|||830|Gerrans,<br>Medlyn<br>and|
|||||||||Nicholls funds.|
|JH Medlyn|||100||||100|Upkeep of<br>building|
|||Totals|2,202|386|||2,588||
|Endowment|Funds||||||||
|Restricted|Fund Name||Opening|Income|Expenditure|Transfers|Closing|Purpose ofthe|
||||Balance||||Balance|fund|
|||Totals|||||||





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