##
##
|||Page|
|---|---|---|
|Legal and administrative
information|||
|Trustees'
report||4-9|
|Independent
Auditor's|report|10-12|
|Statement offinancial|activities|13|
|Balance sheet||14|
|Statement ofCash Flows||15|
|Notes to the financial|statements|16-28|
##
##
##
##
##
##
##
##
##
##
##
##
##
|expenditure
(less any extr
are analysed below;|aordinary
expenditur|e).
The funds o|f the charity at|
|---|---|---|---|
|||2022|2021|
|||0|0|
|Total Funds at 31stAugust||3,549,120|2,476,485|
|Restricted Funds||(1,171,091)|(1,029,119)|
|Designated
Funds||(76,000)|(75,500)|
|Tangible Fixed Assets||(1,628,074)|(1,158,185)|
|Investment
Properly||(400,000)||
|Total Unrestricted
Reserve||293,955|213,681|
|50%ofannual expenditure|on Circuit Activities|216,777|209,644|
|Excess reserves held at balance sheet date||57,178|4,037|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
|||Note|Funds|Funds|2022|2021|
|||||||g|
|Incoming Resources|||||||
|Donations
and legacies||2a|7,469||7,469||
|Income from charitable|activities|2b|307,680|13,930|321,610|271,614|
|Investment
income||2c|1,153|3,335|4,488|3,454|
|Other income||2d|625,433|757,651|1,383,084|646,821|
|Total incoming resources|||941,735|774,916|1,716,651|921,889|
|Resources expended|||||||
|Expenditure
on charitable activities||3a|383,274|50,280|433,554|419,288|
|Investment
asset costs||3b||23,624|23,624||
|Other expenditure||3c|433|183,301|183,734|169,725|
|Total resources expended|||383,707|257,205|640,912|589,013|
|Net incoming resources|||558,028|517,711|1,075,739|332,876|
|Transfers between funds||17|372,635|(372,635)|||
|Net incoming resources|||930,663|145,076|1,075,739|332,876|
|Other recognised
gains and losses|||||||
|Gain/(loss)
on investments||||(3,104)|(3,104)|20,966|
|Revaluation
offixed assets|||||||
|Net movement
in funds|||930,663|141,972|1,072,635|353,842|
|Balance b/f at 1 September|2020||1,447,366|1,029,119|2,476,485|2,122,643|
|Balance at 31August 2021|||2,378,029|1,171,091|3&9,120|2,476,485|
##
||Note|||||
|---|---|---|---|---|---|
|Fned assets||||||
|Tangible fixed assets|4|1,628,074||1,158,185||
|Investment
property|5|400,000||||
|Investments|6|402,691||601,042||
|Total fixed assets|||2,430,765||1,759,227|
|Current assets||||||
|Debtors||16,035||14,731||
|Investments
held for resale||805,000||340,000||
|Cash atbank and in hand||412,676||363,477||
|Total cunent assets||1,233,711||718,20S||
|LiabiTities||||||
|Qeditors:|9|||||
|amounts
falling due within one year||~135356||950||
||||1,118,355||717~8|
||||3549,120||2,476,485|
|Funds ofthe charity|16/18|||||
|Uruestricted
funds|||2,302,029||1,371,866|
|Designated funds|||76,000||75,500|
|Restricted funds|||1,171,091||1,029,119|
||||||2,476,485|
##
##
##
||||||Total|Prior Year|
|---|---|---|---|---|---|---|
||||||Funds|Funds|
||||||I|g|
|Cash flows from operating activities:|||||||
|Net cash provided by (used in) operating||acdvities|||(19,343)|(136,480)|
|Cash flows from investing
activities:|||||||
|Dividends,
interest and rents from investments|||||4,488|3,454|
|Purchase ofproperty
and equipment|||||(246,898)|(3,540)|
|Proceeds from the sale ofproperty|||||115,705|259,814|
|Proceeds from the sale ofinvestments|||||||
|Additions/dispossls
in the year|||||195,247|(155,874)|
||||||68,542|103,854|
|Cash flows from financing activities:|||||||
|Change in cash and cash equivalents
reporting
period|in|the|||49,199|(32,626)|
|Cash and cash equivalents
at the beginning of|||the|reporting|363,477|396,103|
|period|||||||
|Cash and cash equivalents
at the end|ofthe||reporting period||412,676|363,477|
|Reconciliation
ofnet income/(expenditure)||||to net cash inflow|||
|from operating activities:|||||||
|Net income/(expenditure)
for the reporting|||period||||
|(as per the Statement ofFinancial Activities)|||||1,072,635|353,842|
|Adjustments
for:|||||||
|Depreciation|||||2,009|1,325|
|Gains/losses
on investments|||||3,104|(20,966)|
|Dividends,
interest
and rents from investments|||||(4,488)|(3,454)|
|Loss/profit
on the sale offixed assets|||||(115,705)|(9,814)|
|(increase)/decrease
in investment
assets held||||for sale|(465,000)|(340,000)|
|Value offixed assets transferred
to Circuit|||||(625,000)|(120,000)|
|(increase)/decrease
in debtors|||||(1,304)|2,572|
|increase/(decrease)
in creditors|||||114,406|15|
|Net cash provided
by(used in) operating|||activities||(19,343)|(136,480)|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|2. Incoming Resources||||||||||
|---|---|---|---|---|---|---|---|---|---|
||||||2022||||2021|
|||Unrestricted
Restricted|||Total|Unrestricted|Restricted||Total|
||||Funds|Funds|Funds|Funds||Funds|Funds|
||||8|||||K|K|
|2aDonations
and Legacies||||||||||
|Legacy|||3,000||3,000|||||
|Donations|||4,469||4,469|||||
||||7,469||7,469|||||
|2b Income from Charitable||||||||||
|Activities||||||||||
|Main Assessments|||280,000||280,000|250,878|||250,878|
|NW Layworker Funding||||10,000|10,000|||||
|Circuit Office|||1,106||1,106|782|||782|
|Rentals|||16,455||16,455|7,500|||7,500|
|Connexional
Funds|||6,418||6,418|7,940|||7,940|
|Methodist Women in Britain||||||||1,965|1,965|
|North West Project|||1,008||1,008|||||
|Mission Fund||||3,930|3,930|||||
|Funeral Levies|||1,620||1,620|1,540|||1,540|
|Wedding Levies|||300||300|175|||175|
|Sundry
Br,Other Incotne|||773||773|834|||834|
||||307,6S0|13,930|321,610|269,649||1,965|271,614|
|2cInvestment
Income||||||||||
|Interest and dividends|||1,153|3,335|4,488|397||3,057|3,454|
|Gain 1'rom sale ofinvestment||assets||||||||
||||1,153|3,335|4,488|397||3,057|3,454|
|2d Other Income||||||||||
|Gain from the sale offixed|assets|||||||149,689|149,689|
|Barugh Church transferred|to|circuit||||120,000||-|120,000|
|Hoyland
Church for sale||||||||340,000|340,000|
|Sale of Pogmoor Chapel||||152,841|152,841|||||
|Cudworth
Church transferred||to circuit|400,000|-|400,000|||||
|New Hope Church for sale||||250,000|250,000|||||
|Valley Darfield Church for|sale|||215,000|215,000|||||
|Shafton Church transfened|to Circuit||225,000|-|225,000|||||
|CFP Levy Refund re Barugh House||||139,738|139,738|||||
|Trust 20106||||72|72|||||
|CJRS Grant (Furlough)|||433|-|433|29,850||7,282|37,132|
||||625,433|757,651|1/83,084|149,850||496,971|646,821|
##
##
##
##
|Expenditure||||YEAR ENDE|D 31AUGUS|T 2022||||
|---|---|---|---|---|---|---|---|---|---|
|||||||2022|||2021|
|||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|||||Funds|Funds|Funds|Funds|Funds|Funds|
|||||f,||||||
|3a Expenditure||on Charitable||Activities||||||
|Stipends||||145,553||145,553|178,637||178,637|
|Salaries||||72,190|10,000|82,190|41,155||41,155|
|Travel||||10,167||10,167|5,867||5,867|
|Menses Expenses:||||||||||
|Council Tax||||7,600||7,600|10,780||10,780|
|Water Rates||||2,162||2,162|2,673||2,673|
|Maintenance||||20,451||20,451|7,095||7,095|
|Insurance||||4,719||4,719|4,590||4,590|
|Mission fund:||||||||||
|Grants|||||7,996|7,996||43,596|43,596|
|Other|||||2,128|2,128||||
|Mana
ement and||Administration:||||||||
|Telephone||||3,147||3,147|4,315||4,315|
|Postage, printing|and stationery|||2,174||2,174|2772||2,772|
|Website||||607||607|562||562|
|Circuit Office Rent||||3,000||3,000|3,000||3,000|
|Books and Courses||||4,539||4,539|1,162||1,162|
|Professional
and|Legal|||1,175|1,713|2,888|3,502|848|4,350|
|Sheffield and District Assessment||||69,420||69,420|69,420||69,420|
|Circuit Office|||||||1,103||1,103|
|Connexional
Funds||||6,428||6,428|7,594||7,594|
|North West Project||||2,537||2,537||||
|Methodist Women||in Britain|||||||2,000|
|Quinquennial
Costs||||4,298||4,298|5,394||5,394|
|Rental Property|Costs|||11,197||11,197|1,829||1,829|
|Sundries||||405||405|511||511|
|District Levy|||||28,443|28,443||16,358|16,358|
|Depreciation||||2,009||2,009|1,325||1,325|
|Bank charges||||70||70||||
|Churches Accounts k payroll||||2,726||2,726|2,250||2,250|
|Audit dt Accountancy||||6,700||6,700|950||950|
|||||383,274|50,280|433454|356,486|62,802|419,288|
|3b Investment|Asset Costs|||||||||
|Hoyland
property||running|costs||23,624|23,624||||
||||||23,624|23,624||||
|3c Other Expenditure||||||||||
|Contribution
to Pensions Fund|||||38,909|38,909||||
|CJRS Grant to Churches||||433||433|29,850|-|29,850|
|Connexional
Levy||on Sale ofAssets|||144,392|144,392||139,875|139,875|
|||||433|1$3&301|183,734|29,850|139,875|169,725|
##
##
|||2022|2021|
|---|---|---|---|
|||0||
|Mission Fund Grants:||||
|The Exodus Project||3,000|6,000|
|Great Houghton
Mission Grant||500||
|Oasis Cafd Mission Grant||500||
|Kexborough
Luncheon|Club Grant|500||
|Barnsley Churches
Drop-In Project||1,000|1,000|
|Street Pastors||1,000|1,000|
|Emmsnuel
Ignite Schools Project|||30,000|
|NE Streaming
Services||558|4,927|
|Learning
Grant||738||
|One-off Events/Small|Grants|200|669|
|||7,996|43,596|
|Em lo ee emoluments||||
|Wages and salaries||73,968|37,468|
|Employer NI contributions||3,897|1,524|
|Pension cost||4,325|2,163|
|||82,190|41,155|
##
##
||Freehold|Property||
|---|---|---|---|
||Land gt Buildings|Improvements|Total|
||g|g||
|Original
Cost||||
|As Ca 01 September 2021|1,140,000|22,423|1,162,423|
|Additions
in the year|461,638|10,260|471,898|
|Disposals||||
|As Ca 31 August 2022|1,601,638|32,683|1,634,321|
|Depreciation||||
|As Ca 01September 2021||4,238|4,238|
|Depreciation
charge||2,009|2,009|
|As Ce 31August 2022||6,247|6,247|
|Net Book Value||||
|As Ce 01September 2021|1,140,000|18,185|1,158,185|
|As Ce 31 August 2022|1,601,638|26,436|1,628,074|
##
|5.|Investment|Property||
|---|---|---|---|
||||Freehold|
||||Land &Buildings|
||Original|Cost||
||As Ce 01 September 2021|||
||Additions|in the year|400,000|
||Disposals
AsI31 August 2022||400,000|
||The property
was valued by APCorbett, BScHons Dip Surv MRICS ACIArb, ofSnuths Chartered|||
||Surveyors,|May 2022.||
##
|6.|Other Investments|||||
|---|---|---|---|---|---|
|||||2022|2021|
||Market value at I September|||601,042|424,202|
||Additions
in the year|||295,986|402,747|
||Expenditure/Disposals||in the year|(491,233)|(246,873)|
||Increase/(Decrease)|in|the year|(3,104)|20,966|
||Market value at 31 August|||402,691|601,042|
||Gain on investments|||(3,104)|20,966|
|7.|Debtors|||||
|||||2022|2021|
|||||I|I|
||Debtors|||||
||Prepayments|||16,035|14,731|
|||||16,035|14,731|
|8.|Investment
Assets|held for resale||||
|||||2022|2021|
||Hoyland
Church - closed||2021|340,000|340,000|
||Valley Darfield Church - closed 2022|||215,000||
||New Hope Church - closed 2022|||250,000||
|||||805,000|340,000|
##
##
##
|||2022|2021|
|---|---|---|---|
||||s|
|Creditors|/k Accruals|113,956|950|
|Deferred|income|1,400||
|||115,356|950|
##
##
|Name||Position||Stipend or|Employers'|Pension|Total|
|---|---|---|---|---|---|---|---|
|||||Salary|NICs|Contributions|Cost|
|2021/22||||||||
|Reverend Michael|Neal|Superintendent|Minister|28,679|2,825|6,971|38,475|
|Reverend Csmeron|Stirk|Minister||26,087|2,453|6,971|35,511|
|Reverend Ben Srivens||Minister||26,087|2,453|6,971|35,511|
|Reverend Claire Rawlinson||Minister||26,087|2,453|6,971|35,511|
|Jayne Wragg||Circuit Adminisuator||14,276|764|1,637|16,677|
|Heanor Peet||Circuit Lay Worker||12,979|578||13,557|
|Linda Stammers||Circuit Lay Worker||11,357|345|681|12,383|
|Daphne Irwin||Circuit Lay Worker||9,302|368|558|10,228|
|Peter White||Circuit Lay Worker||11,859|1,089|597|13,545|
|Carol Cotton||NE Lay Worker||14,196|752|852|15,800|
|||||180,909|14,080|32,209|227,198|
|2020/21||||||||
|Reverend Michael|Neal|Superintendent|Minister|28,273|2,686|6,873|37,832|
|Reverend Cameron|Stirk|Minister||25,718|2,333|6,873|34,924|
|Reverend Ben Srivens||Minister||25,718|2,333|6,873|34,924|
|Reverend Marian Olsen||Minister||23,566|2,138|6,293|31,997|
|Reverend Claire Rswlinson||Minister||25,718|2,333|6,873|34,924|
|Jayne Wragg||Circuit Administrator||13,854|696|1,611|16,161|
|Eleanor Peet||Circuit Lay Worker||12,594|522|-|13,116|
|Linda Stammers||Circuit Lay Worker||11,020|305|552|11,877|
|||||166,461|13,346|35,948|215,755|
##
##
##
|Trustee claimed any expenses in co
med in relation to duties performed
sters
and Lay Workers (2021:6).|nnection
with their dutie
for the charity by eight|s as aTrustee
Ministers,
Su|
|---|---|---|
||2022|2021|
||0|0|
|Travel|11,023|5,867|
|Office and administration|212|1,021|
|Telephone|872|2,030|
|Other expenses|405|265|
|Total|12,512|9,183|
##
##
|costs ofsi|milar pr|operties|owned|and let by|the Circuit. The to|tal costofthe|
|---|---|---|---|---|---|---|
||||||2022|2021|
|Stipend of|Reverend|Michael|Neal||28,679|28,273|
|Employer's|National|Insurance|contributions||2,825|2,686|
|Employer's|pension contributions||||6,971|6,873|
||||||38,475|37,832|
|Notional
estimate ofcost ofproviding||||manse|13,500|12,750|
|Chair's expenses|||||3,085|2,227|
|Total cost|||||55,060|52,809|
##
##
##
|||Balance b/f|Incoming|Resources||Balance c/f|
|---|---|---|---|---|---|---|
|||01/09|Resources|Expended|Transfers|31/08|
|2022|||||||
|South Hiendley||105,131|615|(1,270)|(102,279)|2,197|
|Model Trust Fund||495,911|295,371|(108,034)|(282,754)|400,494|
|Property
held for resale||340,000|465,000|(130,880)||674,120|
|Methodist Women in Britain||137||||137|
|Mission Fund||87,940|3,930|(10,125)|12,398|94,143|
|NW Layworker|Fund||10,000|(10,000)|||
|||1,029,119|774,916|(260,309)|(372,635)|1,171,091|
|2021|||||||
|South Kendley||89,431|17,301|(179)|(1,422)|105,131|
|Model Trust Fund||335,222|156,411|(156,902)|161,180|495,911|
|Property held for resale|||340,000|||340,000|
|Methodist Women in Britain||172|1,965|(2,000)||137|
|Mission Fund||90,584|7,282|(43,596)|33,670|87,940|
|||515,409|522,959|(202,677)|193,428|1,029,119|
##
##
##
||||||2022|2021|
|---|---|---|---|---|---|---|
|gnttdtifjendlaL|||||||
||Transfer
Transfer|to CFB(General Circuit Purposes)
to HSBC (General Circuit Purposes)|||(102,043)
~236|(10)
~1.412|
||||||(102879)|(1,422)|
||Transfer|to CFB(Mission Fund)|||(12,398)|(8,370)|
||Transfer|to CFB(General Circuit Purposes)|||(20,000)|(20,450)|
||Transfer|to CFB(Assessmcnt
support||for churches)|(8,400)|(60,000)|
||Net Bookvalue ofproperty
sold during|||the year||250,000|
||Transfer|to HSBS (Barugb House building project)|||(22,353)||
||Capital Expenditure
(Bsrugb House||building project)||~219,6tl3||
||||||12523541|161,180|
|hh|9||||||
||Transfer|from MTF|||12,398|8,369|
||Transfer|I'rom Unrestricted
Funds||||25 301|
||||||12 98|33690|
|Total Transfers
to/(from) Restricted|||Funds||(372,635)|193,428|
|18.Designated||Funds|||||
||||||2022|2021|
||||||f,|K|
|Quinquennial
and electrical inspections|||||12,500|12,500|
|Manse redecoration|||||8,500|8,000|
|Removal||and relocadon|||5,000|5,000|
|Planned||ministerial
appointment|2023||50,000|50,000|
||||||76,000|75,500|
##
||||2022|2021|
|---|---|---|---|---|
||||K||
|Balance brought|forward||||
|Offerings/Gifts|received during|the year|6,485||
|Offerings/Gifts|paid over during|the year|(6,485)||
|Balance carried|forward||||
##
##
|.Analysis|ofAssets|between Fun|ds||||
|---|---|---|---|---|---|---|
||||Investment|Tangible|Other||
|||Investments|Property|Fixed Assets|Assets|Total|
|||K|||||
|31/08/2022|||||||
|Unresuicted|Funds||400,000|1,628,074|273,955|2,302,029|
|Designated|Funds||||76,000|76,000|
|Restricted Funds||402,691|||768,400|1,171,091|
|||402,691|400,000|1,628,074|1,118,355|3,549,120|
|31/08/2021|||||||
|Unresuicted|Funds|||1,158,185|213,681|1,371,866|
|Designated|Funds||||75,500|75,500|
|Restricted Funds||601,042|||428,077|1,029,119|
|||601,042||1,158,185|717,258|2,476,485|
##
##
##
##