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|Registered|Charity - Registration|number|||1135316|
|---|---|---|---|---|---|
||London|||District No I Circuit No|35/ 22|
|Ministers||||||
|||||Rev Ste
en Poxon||
||||R|Td
~hS||
|||||Rev Ru
rt Weekes
Rt M~||
|||||Sister ~rtle Poxon||
|||||Rev Matthew
Lunn||
|Circuit|Stewards|||Barbara Fennin||
|||||Evadne Cameron||
|||||Keith
Goatee||
||||Tins Narte
~Td|||
|||||John Koomson||
|||||Lucia Bienman||
|Circuit|Treasurer|||Tins Nart||
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|Active Circuit Ministers|Rev Stephen
Poxon|Rev Stephen
Poxon|
|---|---|---|
||Rev Thurairajah|Samuel|
||Rev Rupert Weekes||
||Rev Robert Maginley||
||Deacon Myrde|Poxon|
||Rev Matthew
Lunn||
|Circuit Stewards|Ms Evadne Cameron||
||Ms Barbara Fenning||
||Mr Keith Coates||
||Mr Tony Addo||
||Ms Tine Nartey||
||Mr John Koomson||
||Ms Lorna Thompson||
||Ms Lucy Blenman||
|Administrator:|Ms BevCombes||
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|Name ofGrcuit|Name ofGrcuit|Name ofGrcuit|||||||||Ciiotdt NO|35/22|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Statement of Financial|||Act)t/)ties (SOFA) for
Nates to|||the year ended 31August 2022
Circuit Mode(
Designated|||||||
|||||the
accounts|General Fund
(Unrestricted)|Trust
(U~)||(un|Funds
et/fctrM)|Restricted
Funds|Endowment
Funds|Total
2021-22|
|||||||2|||||||
|Income|||||||||||||
|I
Donations
and Iegaoes||||||||||||0|
|2
Income from monetary
investmenls
3
Income from investment
properbes||||||||||||1,250
0|
|4 Assessments
on Churches|||||361,512|||||||361,512|
|5
Cap&at Receipts||||||||||||0|
|6
Grants recerved||||||||||||0|
|7
Other charitable
income
8Tobil income|||||2,793
365,207|||||||2,793
385,666|
|Expend)tur0|||||||||||||
|9
Grants and donahons|||||2,131|||||||2,131|
|10Salaries and associated|costs||||221,168|||||||221,168|
|11 Property
maintenance|||||||||111,478|||111,478|
|12 Connexronal
assessment|&|madel trust||levy||||||||0|
|13Dutnct Assessment
&Levy|||||94,424||2,478|||||96,902|
|14 Deprecwbon||||||||||||0|
|15Office expenses|||||9,938|||||||9,938|
|16Other outgoings|||||33,835||283||590||||
|17Total charitable
expenditure|||||381496||2,751||112,058|0|0|475,125|
|18Gams/(losses)
on monetary||investments|||||||||||
|19Gains/(losses)
on investment||properbes|||||||||||
|20 Net income/(expenditure)|||||3,911||-2,413||-112,068||0|-110,570|
|21 Transfers
between
funds||||||66,156|||70,056|||0|
|22 Other ga/ns/(losses)||||||||||||0|
|23 Net movement
in funds|||||||||42,012||0|-t10470|
|24 Total funds brought
forward|||||2,080,063|99,125|||211,541|||2,390,729|
|25Total funds carried forward|||||2,080,074|30,556|||169,529||||
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|Statement
of Financial|Statement
of Financial|Statement
of Financial|Activities|Activities|(SOFA) for the year|(SOFA) for the year|ended 31August 2021|ended 31August 2021|ended 31August 2021||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||Notes to||Circuit Model||Designated|||||
|||||the|General Fund|Trust||Funds|Restricted|Endowment||Total|
|||||accounts|(Unreetrlcied)|(Uneetttcts&)||(unrsstrleM)|Funds|Funda||2020-21|
||||||||||5||||
|Income|||||||||||||
|I
Donsbons
snd legacies||||||||||||0|
|2
Income from monetary
mvestments||||||||||||669|
|3
Income from mvestment|properbes|||||||||||0|
|4
Assessments
on Churches|||||351,676|||||||351,676|
|5
Capital Receipts||||||||||||0|
|6
Grants recewed||||||||||||0|
|7
Other chantabie
income|||||33,309|||||||33,309|
|8Total income|||||385,307||347|||||385,854|
|E/tpendlture|||||||||||||
|9
Grants snd donabons||||||||||||0|
|10Satanas and associated|costs||||218,305|||||||218,305|
|11 Property mamtensnce||||||||27,634||||27,634|
|12Connexional
assessment|&|model trust||levy||||||||0|
|13Dntnct Assessment 8 Levy|||||94,424|2,842||||||97,266|
|14 Deprecmbon||||||||||||0|
|15Office expenses|||||10,008|||||||10,008|
|16Other outgomgs|||||35.064||214|2,500||||37,778|
|17Total charitable
expenditure|||||357,801|3,055||30,134|||0|390,990|
|18Gains/(lossesl
on monetary||mvedments|||||||||||
|19Gains/(losses)
on mvestment|||properbes||||||||||
|20 Net Income/(expenditure)|||||27,506|-2,708||-30,134|||0|-6,338|
|21 Transfers
between
funds|||||-27,500|-5,000||32,500||||0|
|22 Other gains/(losses)|||||||||||||
|23 Net movemant
in funds||||||-7,708|||||0|-5,336|
|24Total funds brought
forward|||||2,080,057|106,833||209,175||||2,396,065|
|25Total funds carried forward|||||2,080,063|99,125||211,541|||||
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|Name of Circuit||||||||||||Cfrcuit
MO|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Balance
General Fund|Sheet as
circus Madel|at 31August 2022
oe«IB sled
Restricted~|||T leis||
|||||||(Unmnrlcled)|Trusts|Funds|Firnd4|Fumls|2021I22||
||||||Notes lo th||(Unrastrkued)|(Umastdctrm)|||||
||||||Accwmts||6|E|L|E|||
|FIxsd ASNlts|||||||||||||
|Cocle Menses 8 Eqwpment|||||||||||T,DB),OG)||
|I mlelnmla
plopslsm|||||||||||0||
||||||||||||0||
|||||||||0|0|0|2,080,000||
|Cumml Assets|||||||||||||
|||||||19423|||||19423|10276|
|Loans b
the Cacus|||||||||||||
|estmrrds «eh TMCP
Csmnl Fsnlcs Boant Dspoalu||||||104281|||||&,558
273,810|99,125
27S,458|
|Cash at Bank and In hand|||||||||||8,091|4,248|
|Total||current||ssmua||131,795||109,5||||401,10S|
|Cu rent lubSItles|||||||||||||
|Credaom (due
n rod|I|year)||||131,721|||||131,721|90,378|
|Grants payable
ithn 2019- 0|||||||||||||
|Torsi c||n|Igabr7ides|||131.721|||||131,721|90,378|
|md mnmrd
SSSSAII/Mbmdm||||||74|||||200,150|310,729|
|Totm aaalaa less currelu|||gsbfmleu|||20MI,BT|30,|10$,529|0|0|22IM,ISS||
|Long tenn llabBltles|||||||||||||
|due after more than|one|||ar|||||||||
|Gmue myeue
atter 2019-20|||||||||||||
|Loans to th» Crcult|||||||||||||
|||ldetassats||||||16$,629|||2400,(59|2,390,729|
|Funda ofthe Circuit|||||||||||||
|Ganemt Fund (Unrestnded)
Cue«4 Madel Tnnt Fund (Un auricled)
~Funds (U reelncud)||||||2,080,0 4||1695im|||2,0E0,074
169,529|211,541|
|Totaf Unreslrkstd
Raslnciad
Fulkls
E~Funda||||Funds|||||0||2,280,I69
0||
|||Total||Funda||Z000,074|30,550|109,529||0|2,200,1M|2,3$0,729|
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|4.Donations|and legades|and legades|Unrestricted|Grcult Model
Trust Fund|Restricted|~~|Total|2021
Total|
|---|---|---|---|---|---|---|---|---|
||||E000||E000||f000|f000|
|Donations|||||||||
|Legacies|||||||||
|Total|||||||||
|5.Charitable
other|activit(es-||Unrestricted|Circuit Model
Trust Fund||2022|Total|2021
Total|
||||f000||6000||f000|f000|
|Charitable
activities -Other 1|||||||||
|Charitable
activities -Other 2|||||||||
|Charitable
activities -Other 3|||||||||
|Total|||||||||
|||||Greeit Model||||2021|
|6.Other trading activities||||Trust Fund||2022|Total|Total|
||||f000||f000||f000|f000|
|Lettings (Property name)||—1|||||||
|Lettmgs (Property name)||- 2|||||||
|Lettings (Property name)||-3|||||||
|Lettings (Property name)||-4|||||||
|Miscellaneous|1||||||||
|Miscellaneous|2||||||||
|Miscellaneous|3||||||||
|Miscellaneous|4||||||||
|Total|||||||||
|7.investment|income|Unrestricted|GrcuR Mode)
Trust Fund|Restricted ~~||2021
Total|
|---|---|---|---|---|---|---|
|||f000||f000|E000|f000|
|Central Finance|Board||||||
|Rental income|||||||
|Other|||||||
|Total|||||0|1|
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|10.Paid employees||
|---|---|
|Staff Costs paid during the year were:||
|Gross wages, salaries and benefits
in kind||
|Employer's
Nationallnsurance
costs||
|Pension costs||
|Total staff costs||
|Average number ofstaff empksyeed|during the year|
|were:||
||||State number of|State number of|manses,|specifically reference other buildings|specifically reference other buildings|specifically reference other buildings|managed|managed|by the circuit|and separately|identify property treated as|identify property treated as|identify property treated as|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||investment|property.||||||||||||
||||Provldedsummary||information||in respect ofother categories||and specific reference should be made||||in resppect of|any assets under||
||||construction.|||||||||||||
|Cost or valuation||||||||||||||||
||||||||||||||Payments|on||
||||||||||||Other fixed|Fixtures,|account|and||
||||Residential|||||||assets Including||fittings and|assets under|||
||||Land||Other Land||Manses|Other buildings||motor vehkles||equipment|construction||Total|
||||E|||E|E|E|||E|E|E||E|
|Balance brought|forward||||||2,080,000||||||||2,080,000|
|Additions||||||||||||||||
|Revaluations
(+/-)||||||||||||||||
|Disposals (-)||||||||||||||||
|Transfers
(+/-)||||||||||||||||
|Balance carried forward|||||||2,080,000||||||||2,080,000|
|Accumulated
depreciation||||||||||||||||
|||"Basis|||||SLor RB|SLor RB||SLor RB||SLor RB||||
|||vv Rate||||||||||||||
|Balance brought|forward|||||||||||||||
|Depreciation
charge for year (-)||||||||||||||||
|Revaluations
(+/-)||||||||||||||||
|Disposals (-)||||||||||||||||
|Transfers'
(+/-)||||||||||||||||
|Balance carried forward||||||||||||||||
|Net book value||||||||||||||||
|Brought forward|||||||2,080,000||||||||2,080,000|
|Carried forward
|||||||2,080,000||||||||2,080,000|
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|Analysis ofinvestment
move|ments||||||
|---|---|---|---|---|---|---|
||||||This year|Prev year|
|Investments
listed on a recognised||Stock Exchange|||||
|Investments
hekl in common|investment||funds,||||
|Securities not listed on a recognised||Stock Exchange|||||
|Other investments|||||||
|||||Total|||
|Change
In Investment
values|||||||
|Canying
(market) value at beginning||ofyear|||||
|Add: additions to investments|at cost||||||
|Less: disposals at canying
value|||||||
|Net gain/(loss)
on revaluation|||||||
|Carrying
(market) value at end|ofyear||||||
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|||||||||New|River|Circuit|
|---|---|---|---|---|---|---|---|---|---|---|
|16.loans|||||||||||
|Source|||Purpose ofloan||Amount|New|Loan interest|Repayable|in|Balance at|
||||||brought|borrowings||the year||year end|
||||||forward||||||
|||||Tota Is|||||||
|Repayment
due||||||||||Totals|
|Due within 12months||31/08/2023|||||||||
|Due between 1|and 5years|31/08/2024|31/08/2025||31/08/2026||31/08/2027||||
||y ars||||||||||
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|Unrestricted|Funds|||||||||
|---|---|---|---|---|---|---|---|---|---|
|Unestricted|Fund Name|Opening||Income|Expenditure|Transfers|Closing Balance||Purpose ofthe fund|
|General|||63|365,208|365,197||74|||
|Reserves|||121,900||16,100||105,800|||
||Totals||121,963|365,208|381,297||105,87|||
|Designated|Funds|||||||||
|Designated|Fund Name|Opening||Income|Expenditure|Transfers|Closing Balance||Purpose ofthe fund|
||||Balance|||||||
|Youth|||36,058||590||35,468|||
|Music Bursary|||376||||376|||
|Training|||8,761||||8,761|||
|Removals|||10,837||||10,837|||
|Repairs 8 Renewals|||33,610|86,156|111,478||8,288|||
|TAB Loan||||||||||
||Total||89,642|86,156|112,068||63,73|||
|Endowment|Name||How the|capital Is Invested||The current|value ofthe capital|Annual income|What the income was used for|
||||||Total|||||
|The reasons|for the transfers|between|funds were|as follows:||||||
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||I'INANCIAL
REV|IEW FOR THE YEAR E|NDED 31AL&GEIST 2022|
|---|---|---|---|
|I|The amus)
total costs|for the year to 3 la Aubn&s&|2022 uas E6.(KK) less than the|
||budg&ned
amount
for|(he same penod as follows.||
||||L|
||Staff Coals||1,(KX)More|
||Manse Cns&s||700 Less|
||Postage||C&00Less|
||Local Preachers|a&pensee|400 Less|
||C&rcuii Adnun&sire(or||1,3(K)Less|
||C&rcu&t Rev» al||2,500 Less|
||O&her Cosis||1,500Lou|
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