| Nidd Valley Methodist | Nidd Valley Methodist | Circuit 29/26 | |||
|---|---|---|---|---|---|
| 2023./2022 | |||||
| Ministers | Rev Benjamin Clowes | - Circuit Superintendent | Minister | ||
| Rev Grace Cauldwell | |||||
| Rev Gordon Hay |
|||||
| Rev Moses John | |||||
| Rev Lesley Taylor | |||||
| Lay Employees | Mrs Juliana Caukwell |
Left 31July | 2022 | ||
| Mrs Pippa French | |||||
| Mrs Clair Webster | |||||
| Circuit Stewards | Mr Donald Rolls | -Senior Circuit Steward | |||
| Mrs Sheila Outhwaite | |||||
| Mr Tony Pearson | |||||
| Mr Edward Walton | -Circuit Treasurer | ||||
| Mrs Sharon Wright | |||||
| Names and addresses | ofadvisers | ||||
| Bank | CAF Bank limited | ||||
| 25 Kings Hill Avenue | |||||
| Kings Hill | |||||
| West Mailing | |||||
| Kent | |||||
| ME194JQ | |||||
| Investment | Manager | Trustees for Methodist | Church Purposes | ||
| 5custodian trustees | Central Buildings |
||||
| Oldham Street | |||||
| Manchester | |||||
| M1 1JQ | |||||
| Investment | Manager | CCLA Fund Managers | Limited | ||
| Senator House | |||||
| 85 Queen Victoria Street | |||||
| London | |||||
| EC4V 4ET | |||||
| Independent | Examiner | R A Davill | |||
| Bulmer R Co, Chartered | Certified Accountants | ||||
| 2 Mount Parade | |||||
| Harrogate | |||||
| HG1 1BX |
| Notes | General | Circuit Model | Restricted | Endowment | Total | Total | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| Funds | Trust Fund | Funds | Funds | 2021-2022 | 2020-2021 | |||||
| (unrestricted) | (unrestricted) | |||||||||
| Income | ||||||||||
| 1 | Donations &Legacies |
N1 | 100 | |||||||
| 2 | Income from monetary investments |
N2 | 8,680 | 2,040 | 10,725 | 6,117 | ||||
| 3 | Income from investment properties |
N3 | 14,620 | 14,620 | 14,410 | |||||
| 4 | Assessment on Churches |
N4 | 349,449 | 349,449 | 322,269 | |||||
| 5 | Gain on sale of property | NS | 207,867 | |||||||
| 6 | Grants &Contributions received |
N6 | 9,232 | 9,232 | 9,582 | |||||
| Total Income | 382,081 | 2,040 | 384,126 | 560,245 | ||||||
| Expenditure | ||||||||||
| Grants &Donations paid |
N7 | 43,025 | 13,165 | 56,190 | 2,825 | |||||
| 10 | Stipends / Salaries | N8 | 227,233 | 227,233 | 222,160 | |||||
| 10a | Telephone &Travel |
N9 | 9,188 | 9,188 | 6,225 | |||||
| 10b | Insurance &Utilities | N10 | 19,505 | 19,505 | 19,623 | |||||
| 10c | Associated Staffing Costs | N11 | 3,081 | 3,081 | 1,487 | |||||
| 10d | Supernumaries Preaching |
Fees | 4,407 | 4,407 | 1,345 | |||||
| 10e | Youth Work | |||||||||
| Property Maintenance —Manses |
N12 | 22,973 | 22,973 | 14,770 | ||||||
| 11a | Quinquennial Reports |
5,071 | 5,071 | 9,040 | ||||||
| 11b | Rented property costs | N13 | 2,892 | 2,892 | 3,478 | |||||
| 12 | Connexional Asst &Model |
Trust Levy | N14 | 82,923 | 82,923 | 263,582 | ||||
| 13 | District Assessment &Levy |
70,244 | 70,244 | 74,852 | ||||||
| 14 | Bank charges | 807 | 1,241 | 2,051 | 450 | |||||
| 15 | Office Expenses | 3,150 | 3,150 | 3,141 | ||||||
| 16 | Other outgoings | N15 | 4,212 | 4,212 | 2,827 | |||||
| 17 | Total charitable expenses | 415,788 | 97,329 | 513,120 | 625,805 | |||||
| Balances | -33,707 | -95,289 | -128,994 | -65,560 | ||||||
| 18 | Gains/(fosses) on Church closure |
N16 | 115,459 | 115,459 | ||||||
| 19 | Gains/(Losses) on Monetary Investments |
N18 | -29,654 | -1,243 | -30,905 | 54,339 | ||||
| 20 | ||||||||||
| 21 | Net Income / Expenditure | 52,098 | -96,532 | -6 | -44,440 | -11,221 | ||||
| 22 | Transfer between funds |
|||||||||
| 23 | Property sold - valuation per accounts |
|||||||||
| 24 | Net movementin | funds | 52,098 | -96,532 | -11,221 | |||||
| 25 | Total Funds brought forward | 2,391,636 | 435,640 | 0 | 1,086 | 2,828,362 | 2,839,583 | |||
| 26 | Total Funds carried | forward | 2,443,734 | 339,108 | D | 1,DBO | 2,783,922 | 2,828,362 | ||
| Net Total Funds carried forward | 2,443,734 | 339,108 | 1,080 | 2,783,922 | 2,828,362 |
| A | 8 | C | D | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Notes | General | Circuit Model | Restricted | Endowment | Total | Total | ||||||||
| Funds | Trust Fund | Funds | Funds | 31-Aug-22 | 31-Aug-21 | |||||||||
| (unrestricted) | (unrestricted) | |||||||||||||
| Fixed Assets | f | f | f | f | ||||||||||
| Circuit Manses | 5Equipment | N17 | 1,384,445 | 1,384,445 | 1,384,445 | |||||||||
| Investment | Properties | N17 | 701,078 | 701,078 | 701,078 | |||||||||
| Investments | -TMCP/CCLA- | shares/units | N18 | 312,258 | 18,536 | 121 | 330,915 | 262,787 | ||||||
| Total | Fixed Assets | 2,397,781 | 18,536 | 2,416,43S | 2,348,310 | |||||||||
| Current Assets | ||||||||||||||
| Debtors | N19 | 13,126 | 13,126 | 15,557 | ||||||||||
| Investments | -TMCP/CCLA -interest | funds | N18/N19 | 40,263 | 320,572 | 959 | 361,794 | 431,573 | ||||||
| Central Finance | Board Deposits | N18/N19 | 98,183 | 98,183 | 63,622 | |||||||||
| Cash at Bank | N19 | 18,894 | 18,894 | 72,306 | ||||||||||
| Total Current Assets | 170,466 | 320,572 | 959 | 491,997 | 5S3,058 | |||||||||
| Current Liabilities | - due &1year | |||||||||||||
| Creditors | N19 | 124,513 | 124,513 | 103,006 | ||||||||||
| 0 | 0 | |||||||||||||
| total | Current | Liabilities | 124,513 | 0 | 124,513 | 103,006 | ||||||||
| Net Current | Assets/liabilities | 45,953 | 320,572 | 959 | 367,484 | 480,052 | ||||||||
| Long Term | liabilities - due &1year | |||||||||||||
| Creditors | ||||||||||||||
| Total Long Term | Uabilities | |||||||||||||
| Net Assets | 2,443,734 | 339,108 | 1,080 | 2,7S3,922 | 2,S28,362 | |||||||||
| Funds ofthe | Circuit | |||||||||||||
| General Fund | (Unrestricted) | 2,443,734 | 2,443,734 | 2,391,636 | ||||||||||
| Circuit Model | Trust Fund (Unrestricted) | 339,108 | 339,108 | 435,640 | ||||||||||
| Restricted | Funds | 0 | 0 | |||||||||||
| Endowment | Funds | 1,080 | 1,080 | 1,086 | ||||||||||
| Total Funds | 2,443,734 | 339,108 | 1,0SO | 2,783,922 | 2,82S,362 |
| FA | Notes for the year e | Notes for the year e | n | d | e | d |
31August 2022 | 2022 E |
2021 | |
|---|---|---|---|---|---|---|---|---|---|---|
| N1 | Donations 8 Legacies | |||||||||
| Donations | Unrestricted | 100 | ||||||||
| N2 | Income from Monetary | Investments | ||||||||
| CFB&TMCP | Unrestricted | 8,680 | 5,212 | |||||||
| Circuit model Trust | 2,040 | 902 | ||||||||
| Restricted | 0 | 0 | ||||||||
| Endowment | 5 | 3 | ||||||||
| Total | 10,725 | 6,117 | ||||||||
| N3 | Income from investment | Property | ||||||||
| Letting | 56 | Park Gate, Knaresborough | 12,900 | 12,690 | ||||||
| Letting | Car Park, Tockwith, York | 1,720 | 1,720 | |||||||
| Letting | 7 | Park Road, | Harrogate | 0 | 0 | |||||
| Total | 14,620 | 14,410 | ||||||||
| N4 | Assessment | on Churches | ||||||||
| Church | ||||||||||
| Bilton area | 33,484 | 35,248 | ||||||||
| Gracious street | 83,588 | 67,988 | ||||||||
| Ham psthwaite | (ceased to meet 2021/22j | 0 | 9,400 | |||||||
| Harlow Hill |
9,812 | 10,328 | ||||||||
| Kearby | 3,024 | 3,184 | ||||||||
| Killinghall | 8,820 | 8,020 | ||||||||
| Kirk Hammerton | 3,992 | 4,237 | ||||||||
| Pannal | 39,920 | 38,020 | ||||||||
| Park Grove | 12,804 | 12,194 | ||||||||
| Scotton | 2,229 | 2,406 | ||||||||
| Starbeck | 36,188 | 32,900 | ||||||||
| Trinity | 32,900 | 29,912 | ||||||||
| Wesley Centre | 16,980 | 0 | ||||||||
| Wesley Chapel | 19,108 | 20,116 | ||||||||
| Woodlands | 46,600 | 48,316 | ||||||||
| Total | 349,449 | 322,269 | ||||||||
| N5 | Gain on sale ofproperty | |||||||||
| Property sold |
Park Road | (see N14) | 720,000 | |||||||
| Valuation | per | accounts | -500,000 | |||||||
| Sale costs | —l.egal &.Professional | -12133 | ||||||||
| Total | 0 | 207,867 | ||||||||
| N6 | Grants 8 Contributions | received | ||||||||
| Contributions | Gracious St. MC | 4,400 | 4,350 | |||||||
| Starbeck MC | 4,832 | 5,232 | ||||||||
| Total | 9,232 | 9,582 |
| N7 | Grants 8Donations paid | Grants 8Donations paid | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Paid | |||||||||||
| Circuit Member | —year2 course fees &costs | 825 | 825 | ||||||||
| Harlow Hill |
- new | AV | system | 1,500 | 2,000 | ||||||
| Gracious Street | - live | streaming | phase 1 | 2,865 | 0 | ||||||
| Killinghall | -connecting | the | community | 13,165 | |||||||
| A reednot | et | aid | |||||||||
| Killinghall | -connecting | the | community | 37,835 | |||||||
| Total | 56,190 | 2,825 | |||||||||
| NS | Stipends/Salaries | ||||||||||
| Gross Stipends/Salaries | 175,306 | 171,520 | |||||||||
| Employers | Nationalinsurance | contributions | 15,142 | 14,436 | |||||||
| Employers | Pension contributions | 36,785 | 36,204 | ||||||||
| Total | Staffcosts | 227,233 | 222,160 | ||||||||
| Average number | ofStaff | employed | during | year | |||||||
| N9 | Telephone 8 Travel | ||||||||||
| Telephone | costs | 3,878 | 3,918 | ||||||||
| Travel | 5,310 | 2,307 | |||||||||
| Total | 6,225 | ||||||||||
| N10 | Insurance 8 Utilities | ||||||||||
| Council tax | 12,852 | 12,437 | |||||||||
| Insurance | 4,145 | 4,100 | |||||||||
| Water Rates | 2,508 | 3,086 | |||||||||
| Total | 19,505 | 19,623 | |||||||||
| N11 | Associated Staffing costs | ||||||||||
| Children & |
Families items | 0 | 0 | ||||||||
| Fixtures, fittings | &Equipment | 896 | 430 | ||||||||
| Gas Equipment | Service - | manses | 442 | 166 | |||||||
| Removal costs | 0 | 0 | |||||||||
| Supervision | Expenses &Training | 0 | 0 | ||||||||
| Training & |
Study | courses | 252 | 0 | |||||||
| Worship Books(Materials | 1,491 | 891 | |||||||||
| Total | 3,081 | 1,487 |
| OFA | Notes f | or the year ended | 3 | 1Augu | st 202 | 2 | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||||||
| f. | ||||||||||
| N12 | Manses | |||||||||
| Manse Maintenance | 22,973 | 14,770 | ||||||||
| Total | 22,973 | 14,770 | ||||||||
| N13 | Rented | property Costs |
||||||||
| 56 Park Gate, Knaresborough | 2„892 | 2,442 | ||||||||
| 7 Park Road, Harrogate | 0 | 1,036 | ||||||||
| Total | 2,892 | 3,478 | ||||||||
| N14 | Connexional Asst8Model Trust Eel |
|||||||||
| District Levy on CMT | fund | 23,923 | 435 | |||||||
| Additional Pension Funds |
contributions | 59,000 | 0 | |||||||
| Connexional Levy on |
sale | of Park | Road | (see N5) | 0 | 263,147 | ||||
| Total | 82,923 | 263,582 | ||||||||
| N15 | Other | outgoings | ||||||||
| Apprenticeship Levy |
913 | 864 | ||||||||
| Bank fees | 93 | 79 | ||||||||
| Circuit Stewards expenses | 119 | 222 | ||||||||
| Hospitality / catering |
204 | 156 | ||||||||
| independent Examiner's |
Fee | 1,100 | 1,080 | |||||||
| Payroll Charges | 480 | 480 | ||||||||
| Recruitment expenses |
40 | 0 | ||||||||
| Relocation Grant (Tax | Free) | (write back) | -226 | 0 | ||||||
| Staff Leaving Gifts | 290 | 100 | ||||||||
| Tockwith Graveyard | Maintenance | 450 | 225 | |||||||
| Kirkby Overblow - tree surveyors | report | 744 | 0 | |||||||
| Misc items under E100 | 77 | 187 | ||||||||
| Land Registry costs | 0 | 1,234 | ||||||||
| Sale of property -costs |
(refund 2022) | -72 | -1,800 | |||||||
| Total | 4,212 | 2,827 | ||||||||
| N16 | Church | Closure - Hampsthwaite | MC | |||||||
| Insurance | -2,671 | |||||||||
| Utilities | -1,302 | |||||||||
| Closure costs | -5,070 | |||||||||
| Selling costs | -4,172 | |||||||||
| Transfer investments | 5 | bank account to Circuit | 128,674 | |||||||
| 115,459 |
| 31Aug | ust 2022 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||||||||||
| Changein | Investment | values | ||||||||||||
| Carrying (Market) value | at beginning | ofyear | 262,787 | 208,447 | ||||||||||
| Add | additions in investments |
at | cost | 99,033 | 0 | |||||||||
| Less | disposals at carrying value | 0 | 0 | |||||||||||
| Net Gain/(Loss) | on revaluation | -30,905 | 54,339 | |||||||||||
| rounding | 1 | |||||||||||||
| Carrying (Market) value | at end ofyear | 330,915 | 262,787 | |||||||||||
| Analysis ofInvestment | movements | |||||||||||||
| Investments listed on a |
recognised | Stock | Exchange | 330,915 | 262,78? | |||||||||
| Investments held in common |
investment | funds | 361,794 | 431,573 | ||||||||||
| Total | 692,709 | 694,360 | ||||||||||||
| Analysis ofindividual | funds | |||||||||||||
| Unrestricted | funds | Investments -TMCP -shares |
Reserves | &projects | 235,527 | 242,879 | ||||||||
| Investments - CCLA - income |
units | Reserves | &projects | 95,267 | 0 | |||||||||
| Investments -TMCP —interest |
funds | Reserves | &projects | 40,263 | 14,755 | |||||||||
| General | Funds | Running | expenses | 5,690 | 48,479 | |||||||||
| Circuit Model Trust Fund | (CMTF) | Project funding | 320,572 | 435,640 | ||||||||||
| 697,319 | 741,753 | |||||||||||||
| Restricted | Funds | 0 | 0 | |||||||||||
| Endowment | Funds | 1,080 | 1,086 | |||||||||||
| Endowment | Funds | |||||||||||||
| How invested | Current | value | Annual Income | Used for | ||||||||||
| Bootland & Dunwell | 686 | Trustees Interest | Fund | 959 | Account retained | |||||||||
| Mrs M Gill | 5990 | CFBManaged Mixed |
& | 121 | General Circuit | |||||||||
| Trustees Interest | Fund | |||||||||||||
| Totals | 1,080 |
| Nidd Valley Metho | Nidd Valley Metho | dist Circuit |
29/26 | |
|---|---|---|---|---|
| N19 | Current Assets 5 Liabilities | 31August 2022 | ||
| 2022 | 2021 | |||
| f. | ||||
| Debtors | ||||
| Prepaid Stipends Other prepayments |
12,543 583 |
14,876 681 |
||
| Total | 13,126 | 15,557 | ||
| Cash &Bank | Balance at TMCP | 361,794 | 431,573 | |
| Balance at CFB | 98,183 | 63,622 | ||
| Balance at CAF Bank | 18,894 | 72,247 | ||
| Balance at NatWest | 0 | 59 | ||
| 478,871 | 567,501 | |||
| Creditors | &1year | Prepaid Assessments independent Examiner Grants payable Other creditors |
83,048 1,100 37,835 2,530 |
73,513 1,080 0 28,413 |
| 124,513 | 103,006 |