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2023-08-31-accounts

Nidd Valley Methodist Nidd Valley Methodist Circuit 29/26
Staffing 2022/2023
Ministers Rev Benjamin Clowes -Circuit Superintendent Minister
Rev Gordon
Hay
Rev Moses John
Rev Lesley Taylor
Lay Employees Mrs Pippa French Left 12/09/2022
Mrs Clair Webster
Mrs Katy Morley started 01/11/2022
Circuit Stewards Mrs Sharon Wright -Senior Circuit Steward
Mrs Sheila Outhwaite
Mr Tony Pearson
Mr Edward Walton -Circuit Treasurer
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
&custodian trustees Central
Buildings
Oldham Street
Manchester
M1 1JQ
Investment Manager CCLA Fund Managers Limited
PO Box12892
Dunmow
Essex
CM6 9DL
Independent Examiner PJackson
Jackson Whitwham Chartered Certified Accountants
Unit 9,The Innovation Centre
Conyngham
Hall
Knaresborough
HG5 9AY

Notes General Circuit Model Restricted Endowment Total Total
Funds Trust Fund Funds Funds 2022-2023 2021-2022
(unrestricted) (unrestricted)
Income
1 Donations R Legacies N1 100 100 100
2 Income from monetary
investments
N2 13,270 8,888 31 22,189 10,725
3 Income from investment
properties
N3 14,620 14,620 14,620
4 Assessment
on Churches
N4 350,193 350,193 349,449
5 Gain on sale of property NS
6 Grants
fk Contdbutions
received
N6 9,232
Total Income 378,183 8,888 31 3S7,102 3S4,126
Expenditure
9 Grants
fk Donations
paid
N7 56,190
10 Stipends / Salaries 176,210 176,210 227,233
10a Telephone
Ik Travel
11,090 11,090 9,188
10b Insurance
Ik Utilities
N10 16,828 16,828 19,505
10c Associated
Staffing Costs
N11 7,548 7,548 3,081
10d Supernumaries
Preaching
Fees
6,925 6,925 4,407
10e Youth Work 64 64
11 Property
Maintenance
—Manses
N12 38,328 38,328 22,973
11a Quinquennial
Reports
4,359 4,359 5,071
11b Rented property costs N13 7,614 7,614 2,892
12 Connexional
Asst 8 Model
Trust Levy N14 16,683 16,683 82,923
13 District Assessment
Ik Levy
60,872 60,872 70,244
14 Bank charges 733 967 1,703 2,051
15 Office Expenses 3,848 3,848 3,150
16 Other outgoings N15 5,903 5,903 4,212
17 Total charitable
expenses
340,322 17,65D 357,975 513,120
Balances 37,861 -8,762 28 29,127 -128,994
18 Gains/(losses)
on Church closure
N16 -5,292 -5,292 115,459
19 Gains/(Losses)
on Monetary
Investments N18 1,633 -787 841 -30,905
20
21 Net Income / Expenditure 34,202 -9,549 24,676 -44,440
22 Transfer between
funds
57,835 -57,835
23 Property sold - valuation
per
accounts
24 Net movementin funds 92,037 -67,384 24,676 -44,44D
25 Total Funds brought forward 2,443,734 339,108 0 1,080 2,783,922 2,828,362
26 Total Funds carried forward 2,535,771 271,724 0 1,103 2,808,598 2,7S3,922
Net Total Funds carried forward 2,535,771 271,724 1,103 2,808,598 2,783,922

Notes General Circuit Model Restricted Endowment Total Total
Funds Trust Fund Funds Funds 31-Aug-23 31-Aug-22
(unrestricted) (unrestricted)
Fixed Assets E E E E
Circuit Manses (k Equipment 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 313,891 17,749 116 331,756 330,915
Total Fixed Assets 2,399,414 17,749 116 2,417,279 2,416,438
Current Assets
Debtors N19 17,434 17,434 13,126
Investments -TMCP/CCLA -interest funds N18/N19 41,009 253,975 987 295,971 361,794
Central Finance Board Deposits N18/N19 152,450 152,450 98,183
Cash at Bank N19 12,811 12,811 18,894
Total Current Assets 223,704 253,975 987 478,666 491,997
Current Liabilities - due &1year
Creditors N19 87,347 87,347 124,513
0 0
Total Current Liabilities 87,347 0 0 87,347 124,513
Net Current Assets/liabilities 136,357 253,975 987 391,319 367,484
Long Term liabilities - due &1year
Creditors
Total Long Term Liabilities
lyet Assets 2,535,771 271,724 0 1,103 2,808,598 2,783,922
Funds ofthe Circuit
General Fund (Unrestricted) 2,535,771 2,535,771 2,443,734
Circuit Model Trust Fund (Unrestricted) 271,724 271,724 339,108
Restricted
Funds
0 0
Endowment
Funds
1,103 1,103 1,080
Total Funds 2,535,771 271,724 0 1,103 2,SOS,59S 2,783,922

OFA Notes for the year e n d ed 31Au gust 2023
2023 2022
f f
N1 Donations &Legacies
Donations Unrestricted 100 100
N2 Income from Monetary Investments
CFB&TMCP Unrestricted 13,270 8,680
Circuit model Trust 8,888 2,040
Restricted 0 0
Endowment 31 5
Total 22,189 10,725
N3 Income from investment Property
Letting 56 Park Gate, Knaresborough 12,900 12,900
Letting Car Park, Tockwith, York 1,720 1,720
Letting 7 Park Road, Harrogate 0 0
Total 14,620 14,620
N4 Assessment
on Churches
Church
Biiton area 31,809 33,484
Gracious street 84,008 83,588
Harlow
Hill
10,368 9,812
Kearby 2,928 3,024
Killinghall 8,992 8,820
Kirk Hammerton 3,792 3,992
Pannal 38,168 39,920
Park Grove 12,796 12,804
Scotton 3,120 2,229
Starbeck 38,256 36,188
Trinity 34,792 32,900
Wesley Centre 18,000 16,980
Wesley Chapel 18,152 19,108
Woodlands 45,012 46,600
Total 350,193 349,449
N5 Gain on sale ofproperty
Property
sold
Park Road (see N14)
Valuation
per
accounts
Sale costs - Legal & Professional
Total
N6 Grants &Contributions received
Contributions Gracious St. MC 4,400
Starbeck MC 4,832
Total 9,232
2022
N7 Grants & Donations paid
Paid
Circuit Member -year2 course fees &costs 825
Harlow
Hill
- new AV system 1,500
Gracious Street - live streaming phase 1 2,865
Killinghall -connecting the community 13,165
A reednot et aid
Killingha
I I
-connecting the community 37,835
Total 56,190
NS Stipends/Salaries
Gross Stipends/Salaries 134,459 175,306
Employers National
Insurance
contributions 11,846 15,142
Employers Pension contributions 29,905 36,785
Total Staffcosts 176,210 227,233
Average number ofStaff employed during year
N9 Telephone &Travel
Telephone costs 5,338 3,878
Travel 5,752 5,310
Total 11,090 9,188
N10 Insurance & Utilities
Council tax 10,167 12,852
Insurance 4,580 4,145
Water Rates 2,081 2,508
Total 16,828 19,505
N11 Associated Staffing costs
Children
&.
Families items 0 0
Fixtures, fittings &Equipment 874 896
Gas Equipment Service - manses 0 442
Removal costs 5,252 0
Supervision Expenses &Training 0 0
Training
&Study
courses 542 252
Worship
Books/Materials
880 1,491
Total 7,548 3,081
SOFA Notes for the year ended 31August 2023 31August 2023
2023 2022
f f
N12 Manses
Manse Maintenance 38,328 22,973
Total 38,328 22,973
N13 Rented property
Costs
56 Park Gate, Knaresborough 7,614 2,892
Total 7,614 2,892
N14 Connexional
Asst &Model
Trust Levy
District Levy on CMT fund 16,683 23,923
Additional
Pension
Funds
contributions 0 59,000
Total 16,683 82,923
N15 Other outgoings
Apprenticeship
Levy
840 913
Bank fees 60 93
Circuit Stewards expenses 131 119
Hospitality
/ catering
186 204
Independent
Examiner's
Fee 1,080 1,100
Payroll Charges 480 480
Recruitment
expenses
131 40
Relocation Expenses 172 0
Relocation Grant (Tax Free) (write back 2022) 600 -226
Staff Leaving Gifts 0 290
Stationing
Appointment
expenses
818 0
Tockwith Graveyard Maintenance 790 450
Kirkby Overblow - tree surveyors report 0 744
Misc items under f100 79 77
Land Registry costs 536 0
Sale ofproperty - costs (refund 2022) 0 -72
Total 5,903 4,212
N16 Church Closure - Hampsthwaite MC
Insurance -3,019 -2,671
Utilities -2,152 -1,302
Closure costs 653 -5,070
Selling costs -774 -4,172
Transfer investments 5 bank account to Circuit 0 128,674
-5,292 115,459

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N18 N18 Summary of Investments Summary of Investments Summary of Investments as at at 31August 2023 31August 2023
2023 2022
f f
Change in Investment values
Carrying (Market) value at beginning ofyear 330,915 262,787
Add additions
in investments
at cost 0 99,033
Less disposals at carrying value 0 0
Net Gain/(Loss) on revaluation 841 -30,905
rounding
Carrying (Market) value at end ofyear 331,756 330,915
Analysis ofInvestment movements
Investments
listed on a
recognised Stock Exchange 331,756 330,915
Investments
held in common
investment funds 295,971 361,794
Total 627,727 692,709
Analysis ofindividual funds
Unrestricted funds Investments
—TMCP —shares
Reserves &projects 239,311 235,527
Investments
—CCLA
—income
units Reserves &projects 92,329 95,267
Investments
-TMCP —interest
funds Reserves &projects 41,009 40,263
General Funds Running expenses 95,348 5,690
Circuit Model Trust Fund (CMTF) Project funding 253,975 320,572
721,972 697,319
Restricted Funds 0 0
Endowment Funds 1,103 1,080
Endowment Funds
Fund How invested Current value Annual Income Usedfor
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 V alley Meth odist
Circuit
29/26
N19 Current Assets &Liabilities 31August 2023
2023 2022
f f
Debtors
Prepaid Stipends 16,777 12,543
Other prepayments 657 583
Total 17,434 13,126
Cash &Bank
Balance at TMCP 295,971 361,794
Balance at CFB 152,450 98,183
Balance at CAF Bank 12,811 18,894
461,232 478,871
Creditors &1year
Prepaid Assessments 81,990 83,048
Independent
Examiner
1,100 1,100
Grants payable 0 37,835
Other creditors 4,257 2,530
87,347 124,513