#
#
|STANDARDREPORT AND ACCOUNTS
(ACGRUALS BASIS)
forthe year ended31August2021||
|---|---|
|Circuit
NewRiver||
|Registered Charity-Registration number|1135316|
|London
District No/CircuitNo|35122|
|Ministers||
|RevStephenPoxon||
|RevThurairaiahSamuel||
|Rev RupertWeekes||
|Rev Robert Maginley||
|Sister Myrtle Poxon||
|Rev[VlatthewLunn||
|CircuitStewards
ChristineUjah||
|Evadne Cameron||
|KeithCoates||
|TinaNartey||
|Tony Adoo||
|JohnKoomson||
|TinaNartey
Gircuit Treasurer||
##
|Active Circuit Ministers|RevStephen Poxon|
|---|---|
||RevThurairajahSamuel|
||RevRupert Weekes|
||RevRobert Maginley|
||DeaconMyrtlePoxon|
||RevMatthewLunn|
|CircuitStewards|Ms Evadne Cameron|
||MsChristineUjah|
||MrKeithCoates|
||MrTonyAddo|
||MrsTinaNartey|
||MrJohn Koomson|
|Administrator:|MrsBevCombes|
##
##
##
##
##
##
##
|$tatementofFinancialActivities(SOFA)fortheyearended31August2020
Notesto
CircuitModelDesignated
the
GeneralFund Trust
FundsRestricted|$tatementofFinancialActivities(SOFA)fortheyearended31August2020
Notesto
CircuitModelDesignated
the
GeneralFund Trust
FundsRestricted|$tatementofFinancialActivities(SOFA)fortheyearended31August2020
Notesto
CircuitModelDesignated
the
GeneralFund Trust
FundsRestricted|$tatementofFinancialActivities(SOFA)fortheyearended31August2020
Notesto
CircuitModelDesignated
the
GeneralFund Trust
FundsRestricted|$tatementofFinancialActivities(SOFA)fortheyearended31August2020
Notesto
CircuitModelDesignated
the
GeneralFund Trust
FundsRestricted|Endowment|Total|
|---|---|---|---|---|---|---|
|accounts|(Unrestricted)
ttEtt|(Unreetricted){unrestricted}||Funds|Funds|2019-20
I|
|lncome|||||||
|1Donationsand legacies||||||U|
|2lncomefrom monetary investments|1,491|1,O14||||2,505|
|3lncomefrom investmenlproperties||||||0|
|4AssessmentsonChurches|364,462|||||364,462|
|5CapitalReceipts||||||0|
|6Grantsreceived||||||0|
|7Other charitable income|24,327||586|||24,913|
|8Total income|390,280|1,O14|586|||391,880|
|Expenditure
9Grantsanddonations||||||0|
|'10Salaries andassociated costs|212,520|||||212,520|
|11Propertymaintenance|||7,361|||7,361|
|12 Connexionalassessment& modeltrust levy||||||0|
|13 DistrictAssessment & Levy|8s,984|24,004||||109,988|
|14 Depreciation||||||0|
|15 Officeexpenses|8,088|||||8,088|
|16Other outgoings|34,782|260|1,650|||36,692|
|17Totalcharitable expenditure|341,374|24,264|9,01'l|0||374,649|
|18Gainsl(losses) on monetary investments||||||0|
|19Gains/(losses)oninvestment properties|||||||
|20 Natincomer(expenditure)|48,906|-23,250|3,425|0|0|17,231|
|21Transfersbetweenfunds|-48,900||48,900|||0|
|22Othergains(losses)
23 Netmovementinfunds|6|-23,250|40,475|0|
0|
17,231|
|24Totalfunds brought forward|2,080,051|130,083|168,700|||2,378,834|
|25Total fundscarriedforward|2,080,057|106,833|209,175|||2,396,065|
##
##
|StatementofFinancialActivities(SOFA)for theyearended31August2021
Notesto
CircuitModelDesignated
the
GeneralFund Trust
Funds
Restricted|StatementofFinancialActivities(SOFA)for theyearended31August2021
Notesto
CircuitModelDesignated
the
GeneralFund Trust
Funds
Restricted|StatementofFinancialActivities(SOFA)for theyearended31August2021
Notesto
CircuitModelDesignated
the
GeneralFund Trust
Funds
Restricted|StatementofFinancialActivities(SOFA)for theyearended31August2021
Notesto
CircuitModelDesignated
the
GeneralFund Trust
Funds
Restricted|StatementofFinancialActivities(SOFA)for theyearended31August2021
Notesto
CircuitModelDesignated
the
GeneralFund Trust
Funds
Restricted|StatementofFinancialActivities(SOFA)for theyearended31August2021
Notesto
CircuitModelDesignated
the
GeneralFund Trust
Funds
Restricted||Endowment|Total|
|---|---|---|---|---|---|---|---|---|
|accounts|(Unrestricted)||(Unrestricted)(unrestricted)Funds||||Funds|2020-21|
||fttt||||||t|€|
|lncome|||||||||
|1Donationsandlegacies||||||||0|
|2lncomefrom monetary investments|322||347|||||669|
|3lncomefrom investmenlproperties||||||||0|
|4AssessmentsonChurc-hes|351,676|||||||351,676|
|5CapitalReceipts
6Grantsreceived||||||||0
0|
|7Othercharitable income|33,309|||||||33,309|
|BTotal income|385,307||347|||||385,654|
|Expenditure
9Grantsanddonations||||||||0|
|10Salariesandassocialed costs|218,305|||||||2{8,305|
|11 Propertymaintenance||||27,634||||27,G34|
|"12Connexionalassessmenl& modeltrust levy||||||||0|
|13 DistrictAssessment & Levy|94,424||2,842|||||97,266|
|14 Depreclation||||||||0|
|15Ofiice expenses|10,008|||||||{0,008|
|16 Otheroutgoings
17Total charitable expenditure|35,064
357,801||214
3,055|2,500
30,134||0|0|?7,778
390,990|
|18Gainsl(losses) on monetary investments||||||||0|
|19Gains(losses) on investmentproperties|||||||||
|20Netincomel{expenditure}|27,506||-2,708|-30,134||0|0|.5,336|
|21Transfersbetweenfunds|-27,500||-5,000|32,500||||0|
|22Othergainsl(losses)|||||||||
|23Netmovementinfunds||6|||||0||
|24Totalfunds brought forward|||106,833|209,175||||2,396,065|
|25Total funds carriedforuard|2,080,063||99,125|211,541||||2,390,729|
||||||Balance|Shee|t as|at31Au|gust2A|2|l||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||General Fund|Gircuit|Model|Designated|Restricted||Endowment|Totals||Tolals|
||||||(Unrestricted)|Trusts||Funds|Funds||Funds|2020121||2A19t20|
|||||Notesto the||(Unrestricted)||(Unrestricted)|||||||
|||||Accounts|t|e||c-|t||L|c||€|
|FixedAssets|||||||||||||||
|Circuitl\4anses& Equipment|||||2,080.000|||||||2,080,000||,.080,0001|
|lnvestmentproperties||||||||||||0|||
|lnvestments||||||||||||0|||
||Iotal|lTxedassets|||2,080,000||0|0||0|0|2,080,000|I|
e,ooo,oool|
|Current Assets|||||||||||||___1sp66l||
|Debtors|||||18,274|||||||to,zto|||
|Loansbythe Circuit||||||||||||0|||
|lnvestments with TMCP|||||||99,125|||||99,'125||too,ggzl|
|Contral Finance Board|Deposits||||67,917|||21',t,541||||279,458||zoz,s+ol|
|Cash at Bank and inhand
Totalcurrantassets|||||4,248
90,441||99,125|211,541||0|0|4,248
401,107|I|4rdi
sgo,oozl|
|Currentliabilities|||||||||||||||
|Creditors (dueinunde|Iyear)
,
.r I.1lr:tt.i, .rii I.,:
I I
r'irl;t/ trijtr!i:I|||ir.tjlii il!:3||90,378
90,378||a|||0|s|so,ezeI
ol
go,azel|I
I|80,542
0
eo,s+z|
||||||63||9S,125|211,541||0|0|tto,tzsl|i|sr o,oos|
|Iofalassers,ess|current||||||9S,|2',t1,541|||||I|
z"rgop,sst|
|Longterm liabilities|||||||||||||||
|{dueafter more thanone||year}|||||||||||||
|..
rL_1.. l'r:ii
r;-.|! .a|:||||||||||0|||
|,r:rr..
',..
i,.i||||||||||||0|||
|||||||||||||0|||
|||&l*i;rs5*f$|||2,080,063|99,125||211,541||0|0|2,390,7,|||
|FundsoltheCircuit|||||||||||||||
|General Fund (Unrestricted)||||||||||||2,080,063||2,080,063|
|Circuit Model Trust Fund(Unrestricted)||||||||||||99,125||130,083|
|Designated Funds (Unrestricted)||||||||21',t,541||||211.U1||168,700|
|TotaIUnrestrictedFunds||||||||||||2,390,729||2,378,846|
|Restricted Funds||||||||||ol|I|0|||
|Endowment Funds|||||||||||ul|0|||
||TotalFunds||||2,080,053199,1251211,541|||||ol|oI|z,3so.72s||2,378,846|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||New|Circuit|||
|---|---|---|---|---|---|
|4. Donations andlegacies|Unrestricted|CircuitModel
TrustFund|Restricted|202L
Total|2020
Total|
||f000||f000|f000|f000|
|Donations||||||
|Legacies||||||
|Total||||||
|5.Charitable activities-
other|Unrestricted|CircuitModel
TrustFund|Restricted|2021
Total|2A20
Total|
||f000||f000|f000|€000|
|Charitable activities-Other1||||||
|Charitable activities-Other2||||||
|Charitable activities-Other3||||||
|Total||||||
|6.Othertrading activities|Unrestricted|CircuitModel
TrustFund|Restricted|202L
Total|2020
Total|
||f000||f000|f000|f000|
|Lettings (Propertyname)-1||||||
|Lettings (Propertyname) -2||||||
|Lettings(Propertyname) -3||||||
|Lettings (Propertyname)-4||||||
|Miscellaneous1||||||
|Misceilaneous2||||||
|Miscellaneous3||||||
|Miscellaneous 4||||||
|Total||||||
|7.lnvestmentincome|Unrestricted|CircuitModel
TrustFund|Restricted|202L
Total|2024
Total|
||f000||f000|f000|€000|
|CentralFinance Board|U|||0|t|
|Rentalincome||||||
|Other||||||
|Total|0|||0|L|
|||NewRiver|Circuit|
|---|---|---|---|
|8.Payment to Trustees||Thisyear|Lastyear|
|Payments madeto trusteesforadditionalservicesprovided to the Circuitbyagreementwith||||
|the Circuit Meeting|f|0|0|
|Number of trustees who werepaid expenses||0|0|
|Natureoftheexpenses||||
|Expensepayments primarily relatetoreimbursementfortravel and computingcosts||||
|Total amountpaid||||
|9.Feesforexaminationorauditoftheaccounts||||
|lndependent examiner's orauditors'fees forreportingontheaccounts||||
||f|2s0|2s0|
|Otherfees(eg:advice,accountancyservices) paidtothe independent examiner orauditor|f|||
|f|2s0|2s0|
|---|---|---|
|f|||
||0|0|
|10. Paidemployees||||
|---|---|---|---|
|StaffCostspaid during the yearwere:||||
|Grosswages, salariesand benefits in kind|t|||
|||154,233|L62,724|
|Employer's Nationallnsurance costs||||
|||15,030|14,560|
|Pension costs|E|||
|||4t,tgt|40,77L|
|Total staffcosts|€|||
|||220,454|217,395|
|Averagenumberofstaffemployeed duringtheyear||||
|were:||7|7|
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##
|Analysisof investmentmovements||||
|---|---|---|---|
|||Thisyear|Prev|
|lnvestments listedon a recognised StockExchange||||
|Investments heldincommon investmentfunds,||||
|Securitiesnot listedon a recognised StockExchange||||
|Other investments||||
||Total|||
|ininvestmentvalues||||
|Carrying(market) value at beginningofyear||||
|Add: additionstoinvestments atcost||||
|Less:disposalsat carrying value||||
|Netgain/(loss) on revaluation||||
|Carrying(market)value at endofyear||||
|NewRiver|Circuit|
|---|---|
|Thisyear|
Lastyear|
|€|f|
|L8,276|18,066|
|L8,276|18,066|
|4,248|4,362|
|---|---|
|4,248|4,|
##
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##
##
##
##
|
tedamount forthesuleperiodasfo|
llows:|
|---|---|
|Staff(losts
ManseCosts|{
1,000l_ess
7.500Le'ss|
|Postage
CircuitAdministrator
CircuitRevival|2,000\tlore
4,500Less
2.500L.ess|
|(ltherCosts|3.000Less|
##
##
##
##
##
##
##