# **MANCHESTER AND STOCKPORT DISTRICT**
# **ANNUAL REPORT AND FINANCIAL STATEMENTS**
# **FOR**
# **THE YEAR ENDED AUGUST 31 2021**
**Charity number 1135459**
## **THE METHODIST CHURCH - MANCHESTER AND STOCKPORT DISTRICT ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED AUGUST 31 2021**
||**INDEX**|
|---|---|
|Administrative information|1|
|Trustees’ and Directors’ annual report|2 – 7|
|Independent examiners’ report|8|
|Statement of financial activities|9|
|Balance sheet|10|
|Statement of cash flows|11|
|Notes to the financial statements|12 – 27|
**THE METHODIST CHURCH - MANCHESTER AND STOCKPORT DISTRICT ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED AUGUST 31 2021**
## **TRUSTEES AND MEMBERS OF DISTRICT COUNCIL**
## **Position**
Chair of District Synod Secretary Ministerial Synod Secretary Treasurer Ecumenical Officer Mission Enabler & Property Secretary Lay Employment Secretary Local Preachers Secretary Chair DAF Grant Committee Methodist Council Rep City Centre Minister
|**Name**|**Appointed by**|**Appointed/**|**Sub-**|
|---|---|---|---|
|||**Resigned**|**Committee**|
|Revd Dr Andrew Lunn|Methodist Conference||SRE|
|Mr David James|District Synod||SRE|
|Revd Hazel Cook|District Synod||SRE|
|Mr Garrie Naden|District Synod|From 3/12/20|SRE|
|Revd Graham Edwards|District Synod||SRE|
|Revd Rod Hill|District Synod||SRE|
|Mr Andrew Jeffries|District Synod||SRE|
|Mr Anthony Judd|District Synod|||
|Mr William Swires|District Synod||SRE|
|Revd Adrian Burdon*|Methodist Conference|||
|Revd Ian Rutherford|District Synod||SRE|
|Revd Caroline Wickens|Manchester Circuit|||
|Mr Andrew Stoker|United Stockport Circuit|||
|Mrs Carole Burgess|Salford Circuit|||
|Mrs Julie Murdy|High Peak Circuit|||
|Revd Robert Balfour|Glossop & Tameside|||
|Mr Graham Axford|Stretford & Urmston Circuit|||
|Mrs Dot Bretherton|Altrincham Circuit|||
|Revd Glayne Worgan|Sale Circuit|||
|Revd Gary Ridley|Oldham & Saddleworth Circuit|||
|Revd Adrian Burdon*|Shaw & Royton|||
|Mr John Ream|Bramhall & Wythenshawe Circuit|||
|Mrs Ruth Peak|Alderley Edge and Knutsford Circuit|||
|Revd David Hardman|Hyde & Denton Circuit|||
|Revd Karen Hilsden|Ashton-u-Lyne Circuit|||
|Revd Graham Edwards*|Macclesfield Circuit|||
- (*duel qualification)
**DISTRICT ADMINISTRATOR** Ms Angela Doyle
**CHAIR’S PA AND COUNCIL MINUTE SECRETARY** Mrs Emma Hutson
## **BANKERS**
Unity Trust Bank plc Central Board of Finance of the Methodist Church Co-operative Bank plc
## **INVESTMENT MANAGERS**
Central Board of Finance of the Methodist Church 9 Bonhill Street London EC2A 4PE
## **CUSTODIAN TRUSTEES**
The Trustees for Methodist Church Purposes Central Buildings Oldham Street Manchester M1 1JQ
**INDEPENDENT EXAMINER & ACCOUNTANTS** Peter Smith BA FCA DChA
HGA Accountants & Financial Consultants t/a Chittenden Horley - Chartered Accountants The Wesley Centre Royce Road, Hulme Manchester M15 5BP
**1**
**THE METHODIST CHURCH - MANCHESTER AND STOCKPORT DISTRICT TRUSTEES’ AND DIRECTORS’ ANNUAL REPORT FOR THE YEAR ENDED AUGUST 31 2021**
The trustees present their annual report together with the financial statements of the charity for the year ended August 31 2021.
## **REPORTING FRAMEWORK**
The financial statements comply with the Charities Act 2011, the constitution of the charity, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019), referred to as the Charities SORP (FRS 102) (second edition – October 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Charitable objects**
The District shares the same charitable objectives as the rest of the Methodist Church. The purposes of the Methodist Church are and shall be deemed to have been since the date of union the advancement of –
(a) the Christian faith in accordance with the doctrinal standards and the discipline of the Methodist Church; (b) any charitable purpose for the time being of any Connexional, District, Circuit, local or other organisation of the Methodist Church;
(c) any charitable purpose for the time being of any society or institution subsidiary or ancillary to the Methodist Church;
(d) any purpose for the time being of any charity being a charity subsidiary or ancillary to the Methodist Church.
## **Aims of the Methodist Church in Great Britain**
These objectives have been given a clear focus in the mission statement _Our Calling_ adopted by the Methodist Conference (2000 and 2018). This states that the calling of the Methodist Church is to respond to the gospel of God's love in Christ and to live out its discipleship in worship and mission. It does this through: Worship; Learning & Caring; Service; and Evangelism.
The District seeks to apply this to its own life and work, as it relates to the Connexion and seeks to support the Circuits and Churches within the District in their mission and ministry. Specifically, the Constitutional Practice and Discipline of the Methodist Church (CPD) states that:
_“The primary purpose for which the District is constituted is to advance the mission of the Church in a region, by providing opportunities for Circuits to work together and support each other, by offering them resources of finance, personnel and expertise which may not be available locally and by enabling them to engage with the wider society of the region as a whole and address its concerns. The District serves the local Churches and Circuits and the Conference in the support, deployment and oversight of the various ministries of the Church, and in programmes of training. It has responsibility for the evaluation of applications by Local Churches and Circuits for approval of or consent to their proposals, when required, or for assistance from district or connexional bodies or funds. Wherever possible the work of the District is carried out ecumenically. The District is thus an expression, over a wider geographical area than the Circuit, of the connexional character of the Church.”_
## **Aims of the District**
During 2020/21 the District continued to implement the five-year District Development Plan (DDP), entitled Faith in God’s Future, which had been introduced during 2016/17. The DDP sets out three priorities, with objectives under each one, as follows:
## _Priority 1_
Prepare to be a diverse, active and growing church
- a. Supporting the development of varied patterns of church life and various expressions of church and circuit
- b. Help to develop effective missional leadership
- c. Sound the voice of faith in the public arena
- d. Strengthen our witness as individuals and as churches, developing confidence to speak of God
_Priority 2_ Reshaping in order to grow, including some pruning
- a. Prepare to be a much smaller church
- b. Close churches well
- c. Encourage collaborative and flexible leadership
- d. Work collaboratively and differently across the circuits, including with ecumenical partners
- e. Work differently within churches
- f. Provide professional services
## _Priority 3_
Resourcing, communicating and celebrating for today
- a. Promote worship that honours God with our best relationships and practices
- b. Encourage social and international vision and action
- c. Communicate well
- d. Handle money well (“Gain all you can, save all you can, give all you can”)
- e. Providing fewer district grants for a much longer period in order for new work to become sustainable and fruitful
- f. Develop a strategic approach to buildings that helps churches and circuits to make the best use of chapels, manses etc.
**2**
## **THE METHODIST CHURCH - MANCHESTER AND STOCKPORT DISTRICT TRUSTEES’ AND DIRECTORS’ ANNUAL REPORT FOR THE YEAR ENDED AUGUST 31 2021**
## **MAIN ACTIVITIES AND ACHIEVEMENTS**
Under the above objectives the following table shows some of the main goals which were worked towards during the financial year, and the progress and achievements related to them.
|**Goals**|**Progress and Achievements**|
|---|---|
|Seeking a new treasurer|Recruitment was successful, with the new treasurer taking up
responsibilities from November 2020 onwards.|
|Continuing good practice in safeguarding including
training|Safeguarding practice has been monitored. We successfully recruited
an independent chair of the District Safeguarding Group from outside
the Methodist Church. We have helped to pilot online safeguarding
training for the whole of the Methodist Church in Britain, and then
continued to use this as our main provision.|
|Proceeding to decision making on the Methodist
Conference report_Go in Love Unites Us_.|The process of consultations was delayed by the Covid-19 pandemic.
We finally held a separate Synod by video conference to take our votes
on these issues. The District Synod voted strongly in favour of all the
resolutions.|
|The stationing of ordained ministers to three vacant
appointments within the District|Achieved.|
|Review our lay employment policy|This review took place, and we agreed a new policy for the support of
lay employees.|
|Continue cooperative working with our Greater
Manchester Methodist partner, the Bolton and
Rochdale District.|Achieved.|
|Appoint a Digital and Communications Officer|Finance was identified for this full-time post. One round of recruitment
happened but without a successful appointment. An appointment was
finally made after year end, to start in post in February 2022.|
|Facilitate the regrouping of circuits in one area of the
District.|Achieved in bringing the Oldham & Saddleworth and Shaw & Royton
circuits together to form the Oldham Circuit from September 2021.|
|Develop a policy on church planting|Our new Church Planting Officer began work at the beginning of the
financial year. While that work has been affected by the Covid
pandemic, we have agreed a strategy of forming new small Christian
communities. The project has been named Caleb Communities.|
|District Partnership Fund wound up|After operating for three years it was clear that this fund, which was
designed to provide governance support to church and circuit officers by
sharing resources, was not being well used. We therefore came to an
agreement with_Transforming Church and Communities_on a process for
winding up the fund. Support for our churches and circuits will remain
in place until April 2022.|
## **Covid-19 response**
The continuing pandemic had an impact on our spending, and on our ways of operating. All synods and trustee meetings during the year have been held by video conference. The impact on circuits and churches continues to emerge slowly, with several chapels being given permission to close.
## **Methodist International House (MIH)**
For many years MIH provided accommodation for students from many different areas of the world, including several from the UK. It provided a place of intercultural hospitality and exchange, which considerably enhanced the educational experience of residents. Some stayed for the year while others stayed for a shorter period, depending on their courses. It was not unusual to receive visitors who had been residents in the past for a shorter stay and this was always welcome.
It became clear during 2019/20 that MIH, which operated at a loss for several years and saw its deficit increase substantially that year, could not be sustained at those levels of losses. A review process was initiated as a matter of urgency to report back to District Council early in the current year. After considering all options, it was considered that the only feasible course of action was to close MIH and seek buyers for the building. Residents were given due notice to leave by 30[th] June 2021, staff were made redundant and a buyer was found for the building, with the sale completed after year end on 1[st] November 2021.
The District is grateful to the members of the MIH Council for their oversight of this work. We are also grateful for the commitment of the warden Dimitri Brady and all the other staff at MIH who worked with us through a very difficult period to closure.
**3**
## **THE METHODIST CHURCH - MANCHESTER AND STOCKPORT DISTRICT TRUSTEES’ AND DIRECTORS’ ANNUAL REPORT FOR THE YEAR ENDED AUGUST 31 2021**
## **Chapel in the Fields**
Set in the Sale Circuit, the Chapel at Sinderland Green is the focus of the District Project called The Chapel in the Fields, which is now four years old. The Project Manager, Rev. Kevin Johnson, is accountable to a Management Group and works with them to provide direction for the project. Work has been substantially affected by the Covid pandemic, however the project has been successful in community engagement through good digital practice. The pre-existing local congregation, who have held responsibility as the Managing Trustees of the building, have come to a point where they ceased meeting as a church. The managing trusteeship has therefore transferred to the circuit for the time being, while discussions take place about how to secure the future of the building and the project.
## **Public benefit**
In working towards its charitable objectives the District has had regard to the Charity Commission guidance on Public Benefit.
## **Contribution of volunteers**
The District can only function through the contribution of volunteers, chiefly lay people, who fulfil a wide range of roles within the District serving on various committees and giving generously of their time to further God’s Kingdom.
## **FINANCIAL REVIEW**
## **Overview**
Overall the District had a surplus on general unrestricted funds, before transfers, for the year of £87,642 after inclusion of an unrealised gain of £219,225 on its MIH freehold property, and after a deficit on MIH operations for the year of £131,741. Before these MIH items, the general fund reported a surplus of £158.
The District Advance Fund continued to be used to support the District’s expenditure in the year as follows:
||**2021**|**2020**|
|---|---|---|
||**£**|**£**|
|Core costs|67,116|74,939|
|Chapel in the Fields|1,928|3,856|
Grants totalling £9,418 (2020: £43,734) were awarded in the year out of DAF, netting to a credit of £5,952 after adjustments to future commitments of £15,100 The continued Covid pandemic meant that few applications were received for new grants during the year. The amount awarded was negative as certain liabilities were reversed exceeding the total of new grants awarded.
In 2021/22, the District Advance Fund will support budgeted costs of £118,937 covering core expenditure and Chapel in the Fields. There are sufficient available reserves in the DAF at 31[st] August 2021 to cover these costs.
## **Risk management**
The trustees have considered the risks facing the charity and have taken appropriate measures to mitigate those risks.
## **Investment policy and review**
Surplus funds are usually placed on deposit either with a high street clearing bank or with the Methodist Church Central Finance Board (CFB). Some years ago, the District was in a position to invest some of its funds longer term and did so through investing in CFB Managed Funds.
## **Reserves**
– Reserves Policy general funds
The District requires between three and six months operating costs as free reserves (unrestricted funds not invested in tangible fixed assets or otherwise designated). Based on the 2021/22 budget and excluding costs that are currently grant funded or met by the District Advance Fund, this would equate to about £25k to £50k. At the year end the District had free reserves of £988,611, at a high level because of the inclusion of MIH as a debtor at the year end. Subsequent to year end, a sub group has been reviewing how the MIH proceeds should be utilised, for discussion at District Council in 2022. This plan will cover reserves in excess of the £50k upper level required to be held.
## Reserves Policy – District Advance Fund
The District Advance Fund (DAF) represents a designated fund within the District accounts which is used:
- ➢ To support the growth and development of churches and circuits within this District as they seek to engage faithfully in God’s mission. It sees as its key purpose the need to provide funds so that churches and circuits may grasp and develop mission and discipleship opportunities within their own localities which would not be possible purely through their own financial resources. Primarily, the funds from the DAF are intended for Mission and Ministry projects;
- ➢ And in recognition that in order to obtain funding from other sources it is helpful for the applicant to show tangible support from the District, up to 25% of the annual DAF allocation is available to support Property Schemes.
**4**
## **THE METHODIST CHURCH - MANCHESTER AND STOCKPORT DISTRICT TRUSTEES’ AND DIRECTORS’ ANNUAL REPORT FOR THE YEAR ENDED AUGUST 31 2021**
Grants are only awarded where there are sufficient funds available at the time of the award to meet all future commitments. In addition to future grants that are shown as liabilities within the accounts, the District is committed (as noted above) to supporting its own managed projects to a budgeted total of £118,937 in 2021/22, an amount covered by available funds in the DAF at 31[st] August 2021. Taking these budgeted costs and all grant liabilities into account, as well as commitments agreed by District Council in respect of NP4NP and Bastion, at 31[st] August 2021 the funds in the DAF stood at:
|Cash balances (in DAF investment & cash)
Less grant liabilities (notes 16 & 17)
Balance per designated funds (note18)
Less budgeted to support District costs 2021/22
Set aside for NP4NP match funding
Set aside as contingency for Bastion project
Funds not committed|**£**
457,380
(37,602)|
|---|---|
||419,778
(118,937)
(125,000)
(36,000)|
||139,841|
The minimum contingency to retain in the DAF is £50,000. The amount in excess of this above was agreed to be retained in the DAF at 31[st] August 2021 pending final receipt of the MIH proceeds.
## **Grant making policy**
Annual contributions are taken on certain Circuit Model Trust Funds, by the Custodian Trustee, to make funds available to District Advance Funds to support work within the District. The District Advance Fund (DAF) also receives funds from the Connexional Advance Fund which is funded by levies on the receipts from Methodist Church property sales.
The DAF exists to:
- Support innovative work carried out by the District on behalf of the Circuits and Churches;
- Make grants to support new and experimental work carried out by Circuits and Churches to advance mission, ministry and service;
- Support property schemes where this is required to enable access to other funding.
There is a District Grants Committee which reviews applications and makes awards in accordance with District policy and after taking account of the relevant merits of the application, local matched funding and local resources. Grants are for a maximum of £20,000, over a maximum period of three years, with a report required on progress at the end of years 1 and 2 to enable the Committee to approve release of the next instalment. Support for property projects is restricted to no more than 10% of the value of the scheme up to a maximum of £5,000. In addition, the District uses part of the DAF to support the delivery of its own services to Circuits but this is agreed through the annual budgeting process and not by application to the grants committee. The District does not make grants available to non-Methodist organisations.
## **Going concern**
The Trustees do not believe there are any issues affecting the District’s ability to continue to operate as a going concern.
## **FUTURE PLANS**
For 2021/22 the District will:
- Agree a new District Mission and Development Plan for the next five years (2021-2026).
- Respond to the rapidly changing circumstances of circuits and churches in the Covid-19 pandemic.
- Continuing to work in partnership with Transforming Churches & Communities (TC&C) and the other Districts in our region.
- Continue to work with churches and circuits to enable them to realise God’s vision.
- Make decisions about the most appropriate ways to use the capital released from the sale of Methodist International House.
- Continue to create safer spaces and ensure we meet all safeguarding obligations.
- Recruit new people to fill key vacancies in the District and work to ensure succession planning for others.
**5**
**THE METHODIST CHURCH - MANCHESTER AND STOCKPORT DISTRICT TRUSTEES’ AND DIRECTORS’ ANNUAL REPORT FOR THE YEAR ENDED AUGUST 31 2021**
## **STRUCTURE GOVERNANCE AND MANAGEMENT**
## **Governing Document and background**
The District is part of the Methodist Church of Great Britain and its status as a charity derives from The Methodist Church Act 1976.
The District became a registered charity with the Charity Commission with effect from April 12 2010. Prior to that it was an excepted charity under statutory Instrument 2002 Number 1598 The Charities (Exception from Registration) (Amendment) Regulations 2002. This regulation applies to a charity wholly or mainly concerned with the advancement of religion.
The charity is governed by the Constitutional Practice and Discipline (CPD) of the Methodist Church, the Methodist Church Act and the Deed of Union.
## **Appointment of Trustees**
Each of the Circuits within the District is eligible to appoint a member of the Council; other members of the Council are appointed to fulfil specific roles by the Synod after prayerful consideration. Members of the Council bring with them expertise and experience from the wider church and no specific programme of induction or training is currently in place for the majority of trustees, although the Methodist Church does provide occasional courses and handbooks for specific roles.
## **Organisation**
The trustee body is called the District Council. Members of the Council bring with them expertise and experience from the wider church and no specific programme of induction or training is currently in place for the majority of trustees. The Methodist Church operates through a large number of trustee bodies, for each church and circuit. The District provides regular opportunities for training in trusteeship across the District, which District Council members have the opportunity to attend. 30 people have taken part in that training during the financial year. The Chair of District undergoes a thorough national induction process, usually including shadowing their immediate predecessor for a period of at least twelve months.
The District Council meets three times a year to confer on all aspects of the life of the District, to set policy and to make recommendations to the District Synod which meets twice a year in Representative Session. In addition, there is a Ministerial Synod which meets annually to consider matters relating to presbyteral ministry as set out in CPD.
A sub-committee of the District Council, called the Strategy and Resource Executive, takes additional responsibility for the activities of the charity, by presenting the District Council with advice and proposals, and oversee the implementation of strategy.
The District is required to carry out a number of governance and oversight tasks on behalf of the Conference (national church) which are the responsibility of the Synod. The Synod has a number of committees which facilitate this work and where permitted responsibility is delegated to the appropriate committees.
Other standing committees of the District are answerable to the District Council; these include:
- The District Grants Committee, which oversees grants made by the District, mainly to circuits and churches within the District, from the District Advance Fund.
- The District Safeguarding Group (which has an independent Chair).
## **Related parties**
Details of related party transactions are given in note 23 to the financial statements.
## **Co-operation with other organisations/charities**
The District works closely with the Methodist Circuits and Churches within its area and with its ecumenical partners, as well as with the Methodist Church of Great Britain.
The District has worked during the year with Transforming Churches & Communities and continued to collaborate with the other Methodist Districts in the North West and Mann Region.
It has worked with Sheffield and Nottingham & Derby Districts (of the Methodist Church) to support the Rural Development Enabler (RDE) serving in the Derbyshire Peak Park area which is served by circuits in all three Districts. The M&S District provides financial support via the District Advance Fund.
**6**
**THE METHODIST CHURCH - MANCHESTER AND STOCKPORT DISTRICT TRUSTEES’ AND DIRECTORS’ ANNUAL REPORT FOR THE YEAR ENDED AUGUST 31 2021**
## **TRUSTEES’ RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS**
The Trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). These require the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of the Charity and of the incoming resources and application of resources, including the income and expenditure, of the Charity for that period. In preparing those financial statements, the Trustees have:
- selected suitable accounting policies and applied them consistently;
- observe the methods and principles in the Charities SORP (FRS 102) (second edition – October 2019););
- made judgements and estimates that are reasonable and prudent;
- stated whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepared the financial statements on the going concern basis
The Trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with applicable regulations. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **APPROVAL**
Approved by the Trustees and signed on their behalf by:
Revd Dr Andrew Lunn - Trustee
Date:
**7**
## **INDEPENDENT EXAMINERS’ REPORT TO THE TRUSTEES OF THE METHODIST CHURCH - MANCHESTER AND STOCKPORT DISTRICT FOR THE YEAR ENDED AUGUST 31 2021**
I report to the charity trustees on my examination of the accounts of the charity for the year ended August 31 2021 which are set out on pages 9 to 27.
## **Responsibilities and basis of report**
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.
I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the Act. I confirm that I am qualified to undertake the examination because I a member of the ICAEW which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## **Peter Smith BA FCA DChA**
For and on behalf of: HGA Financial Consultants Ltd t/a Chittenden Horley - Chartered Accountants
The Wesley Centre Royce Road, Hulme Manchester M15 5BP Date:
**8**
## **THE METHODIST CHURCH - MANCHESTER AND STOCKPORT DISTRICT STATEMENT OF FINANCIAL ACTIVITIES (including the income and expenditure account) FOR THE YEAR ENDED AUGUST 31 2021**
|**Notes**
**INCOME FROM:**
Donations
2
Charitable activities
3
Investment income
4
**TOTAL INCOME**
**EXPENDITURE**
Raising funds
5
Charitable activities
6
**TOTAL EXPENDITURE**
Net gains/(losses) on investments
11
**NET INCOME/(EXPENDITURE)**
**BEFORE TRANSFERS**
12
Transfers between funds
**NET MOVEMENT IN FUNDS**
19
**RECONCILIATION OF FUNDS**
**FUNDS BROUGHT FORWARD**
19
**FUNDS CARRIED FORWARD**
19|**General**
**DAF**
**Other**
**£**
**£**
**£**
77,106
198,077
-
110,734
-
-
1,441
1,298
-
189,281
199,375
-
3,355
684
-
328,893
63,092
7,256
332,248
63,776
7,256
230,609
-
-
87,642
135,599
(7,256)
25,810
-
(25,000)
113,452
135,599
(32,256)
1,321,519
284,179
88,041
1,434,971
419,778
55,785
**Designated funds**
**Unrestricted funds**|**General**
**DAF**
**Other**
**£**
**£**
**£**
77,106
198,077
-
110,734
-
-
1,441
1,298
-
189,281
199,375
-
3,355
684
-
328,893
63,092
7,256
332,248
63,776
7,256
230,609
-
-
87,642
135,599
(7,256)
25,810
-
(25,000)
113,452
135,599
(32,256)
1,321,519
284,179
88,041
1,434,971
419,778
55,785
**Designated funds**
**Unrestricted funds**|**General**
**DAF**
**Other**
**£**
**£**
**£**
77,106
198,077
-
110,734
-
-
1,441
1,298
-
189,281
199,375
-
3,355
684
-
328,893
63,092
7,256
332,248
63,776
7,256
230,609
-
-
87,642
135,599
(7,256)
25,810
-
(25,000)
113,452
135,599
(32,256)
1,321,519
284,179
88,041
1,434,971
419,778
55,785
**Designated funds**
**Unrestricted funds**|**Restricted**
**Funds**
**£**
16,927
131,710
5|**Total**
**Total**
**2020**
**2019**
**£**
**£**
**292,110**
_328,264_
**242,444**
_239,584_
**2,744**
_5,979_
**537,298**
_573,827_
**4,041**
_4,592_
**528,454**
_1,749,690_
**532,495**
_1,754,282_
**230,609**
_(1,113)_
**235,412**
_(1,181,568)_
**-**
_-_
**235,412**
_(1,181,568)_
**1,795,606**
_2,977,174_
**2,031,018**
_1,795,606_|
|---|---|---|---|---|---|
||189,281|199,375||148,642||
||3,355
328,893|684
63,092||2
129,213||
||332,248
230,609|63,776
-|7,256
-|129,215
-||
||87,642
25,810|135,599
-|(7,256)
(25,000)|19,427
(810)||
||113,452
1,321,519|135,599
284,179|(32,256)
88,041|18,617
101,867||
||1,434,971|419,778|55,785|120,484||
The notes on pages12 to 27 form part of these financial statements.
**9**
## **THE METHODIST CHURCH - MANCHESTER AND STOCKPORT DISTRICT BALANCE SHEET AS AT AUGUST 31 2021**
|**Notes**
**FIXED ASSETS**
Tangible fixed assets
13
Investments
14
**CURRENT ASSETS**
Debtors
15
Investments
16
Cash at Bank and in Hand
**CREDITORS**
Amounts falling due in one year
17
**NET CURRENT ASSETS**
**CREDITORS**amounts falling
due in more than one year
18
**NET ASSETS**
**FUNDS**
**_Unrestricted:_**
19
General
Designated - DAF
Designated other
Restricted
19
**TOTAL FUNDS**|**2021**
**£**
**15,099**
**1,430,884**
**182,568**
**1,628,551**
**139,490**|**2021**
**£**
**451,860**
**90,097**|**2020**
**2020**
**£**
**£**
_1,266,876_
_77,670_
_1,344,546_
_20,136_
_343,124_
_256,392_
_619,652_
_142,788_
_476,864_
1,821,410
25,804
_1,795,606_
_1,321,519_
_284,179_
_88,041_
_1,693,739_
_101,867_
_1,795,606_|
|---|---|---|---|
|||**541,957**
**1,489,061**||
||**1,434,971**
**419,778**
**55,785**|||
|||**2,031,018**
**-**||
|||**2,031,018**||
|||**1,910,534**
**120,484**||
|||||
|||**2,031,018**||
The notes on pages12 to 27 form part of these financial statements.
**Approved by the Trustees and authorised for issue on: And signed on their behalf by:**
## **Revd Dr Andrew Lunn - Trustee**
**10**
## **THE METHODIST CHURCH - MANCHESTER AND STOCKPORT DISTRICT STATEMENT OF CASH FLOWS AS AT AUGUST 31 2021**
|**Notes**
**Cash used in operating activities**
23
**Cashflows from investing activities**
Interest and dividends
Transfer fixed asset to investments
Purchase of investments
**Cash provided by/(used in) investing activities**
**Cashflows from financing activities**
Repayment of borrowing
**Cash used in financing activities**
**Increase/(decrease) in cash & cash equivalents in the year**
**Cash and cash equivalents brought forward**
**Cash and cash equivalents carried forward**
**Cash and cash equivalents consist of:**
Cash at bank and in hand
Current asset investments - Trustee interest fund|**2021**
**2020**
**£**
**£**
**(8,006)**
_(62,303)_
**2,744**
_5,979_
**1,030,241**
_-_
**(1,043)**
_(1,221)_
**1,031,942**
_4,758_
**(10,000)**
_-_
**(10,000)**
_-_
**1,013,936**
_(57,545)_
**599,516**
_657,061_
**1,613,452**
_599,516_
**182,568**
_256,392_
**1,430,884**
_343,124_
**1,613,452**
_599,516_|
|---|---|
The notes on pages12 to 27 form part of these financial statements.
**11**
**THE METHODIST CHURCH - MANCHESTER AND STOCKPORT DISTRICT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED AUGUST 31 2021**
## **1 ACCOUNTING POLICIES**
## **Basis of preparation**
The financial statements have been prepared: under the historic cost convention, as modified by the revaluation of investments (as set out below) through the statement of financial activities; in accordance with the Statement of Recommended Practice – Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) effective January 1 2015; FRS102; and the Charities Act 2011.
The accounts (financial statements) have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on July 16 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
The charity constitutes a public benefit entity as defined by FRS102.
The accounts are stated in £ sterling the functional currency of the charity.
## **Judgements and key sources of estimation uncertainty**
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
## **Income recognition**
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. The following applies to particular types of income:
**Grants** , whether of a capital or revenue nature, are recognised when the charity has entitlement to the funds, any performance conditions have been met and it is probable that the income will be received.
**Donations** from individuals and other bodies (not being of the nature of a grant) are recognised when receivable.
**Earned income** is measured at the fair value of the consideration received or receivable for services and goods supplied, net of discounts.
## **Deferred income**
Income is only deferred and included in creditors when:
- The income relates to a future accounting period
- A sales invoice has been raised ahead of the work being carried out and there is no contractual entitlement to the income until the work has been done
- Not all the terms and conditions of the grant have been met, including the incurring of expenditure and the grant conditions are such that unspent grant must be refunded
## **Expenditure and irrecoverable VAT**
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:
Costs of raising funds
including those associated with fundraising activities and managing investments.
Charitable activities costs of undertaking the work of the charity.
The charity is not registered for VAT and cannot recover any input tax charged. Costs are stated inclusive of VAT where charged.
## **Allocation of support costs**
Support costs are those functions which assist the work of the charity either by supporting the delivery of charitable activities or by supporting the generation of funds. They include, back office functions, staff costs and professional fees. The basis of allocations is set out in note 9.
## **Financial instruments**
The charity has only basic financial instruments which are initially recorded at cost, and with the exception of investments (as set out above) subsequently measured at their settlement value.
**12**
**THE METHODIST CHURCH - MANCHESTER AND STOCKPORT DISTRICT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED AUGUST 31 2021**
## **1 ACCOUNTING POLICIES (continued)**
## **Pension contributions**
The District participates in the following pension funds:
## Methodist Ministers’ Pension Fund
The District is a member of the Connexional pension scheme (MMPS) which covers presbyters and deacons of the Methodist Church. The contribution rates are set each year by the Methodist Conference, and for the year under review the employer contributions were 26.9% (2018: 26.9%) of stipend.
The MMPS is a multi-employer scheme, and in accordance with the guidance issued by the Charity Commission, the District accounts for those contributions as if it were a defined contribution scheme. It has done so because it is unable to identify its share of the underlying assets and liabilities on a consistent and reasonable basis. Contributions are charged to the SoFA in the period in which they are payable.
## Lay staff
The charity operates a defined contribution pension scheme for its lay employees, and matches its employees’ contributions up to 6% of gross pay. For one individual it has agreed to make contributions on a similar basis to their personnel pension scheme.
The contributions are paid to a third party who invests the contributions in a money purchase plan. Contributions are charged to the SoFA as they become payable.
## **Impairment**
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset’s cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.
## **Fixed assets and depreciation**
Fixed assets are shown at cost to the District, with the exception of the manses and other property assets. These have been included at the Trustees’ valuation as permitted under the SoRP, when assets not previously included in the balance sheet are capitalised. Assets costing less than £1,000 are written off as revenue expenditure in the year of acquisition.
Depreciation is provided to write off the cost or valuation less the estimated residual value of tangible fixed assets by equal instalments over their estimated useful economic lives as follows:
|Methodist International House|-|1% straight line (excluding freehold land)|
|---|---|---|
|District manse|-|1% straight line (excluding freehold land)|
|Property improvements|-|10% per annum straight line|
|Furniture and fittings|-|25% per annum straight line|
|Chapel in the Fields equipment|-|10% per annum straight line|
Freehold land is not depreciated.
## **Investments, gains and losses**
Fixed assets investments are a form of basic financial instrument and are initially recorded at their transaction value and subsequently measured at their fair value as at the balance sheet date using the closing quoted market price. The SoFA includes the net gains and losses arising on revaluation and on disposals throughout the year.
Gains and losses on investments are taken to the Statement of Financial Activities as they arise. Realised gains and losses are calculated as the difference between sale proceeds (net of transaction costs) and the opening carrying value or cost, if acquired during the year. Unrealised gains and losses are calculated on the difference between opening and closing fair values.
## **Debtors**
Trade and other debtors are recognised at the settlement amount due and prepayments are valued at the amount prepaid.
## **Cash at bank and in hand**
Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **Creditors and provisions**
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount.
**13**
## **THE METHODIST CHURCH - MANCHESTER AND STOCKPORT DISTRICT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED AUGUST 31 2021**
|**2 DONATIONS**
Contributions from Circuit Model Trust Funds
Distribution Connexional Priority fund
Circuit Assessments
District Partnership Fund
MIH other donations
Bastion Games
Chapel in the Fields donations
Contributions from Circuit Model Trust Funds
Distribution Connexional Priority fund
Circuit Assessments
District Partnership Fund
MIH other donations
Chapel in the Fields donations|**Unrestricted**|**DAF**
**Restricted**
**2021**|**DAF**
**Restricted**
**2021**|**Total**|**2020**
**Total**|
|---|---|---|---|---|---|
||**£**
-
-
77,106
-
-
-
-|**£**
87,510
110,567
-
-
-
-
-|**£**
-
-
-
2,740
1,453
170
12,564|**£**
**87,510**
**110,567**
**77,106**
**2,740**
**1,453**
**170**
**12,564**|**£**
_66,184_
_133,599_
_96,906_
_18,496_
_1,035_
_-_
_12,044_|
||77,106|198,077|16,927|**292,110**|_328,264_|
|||||||
||**Unrestricted**|**DAF**
**Restricted**
**2020**||**Total**||
||**£**
_-_
_-_
_96,906_
_-_
_-_
_-_|**£**
_66,184_
_133,599_
_-_
_-_
_-_
_-_|**£**
_-_
_-_
_-_
_18,496_
_1,035_
_12,044_|**£**
**_66,184_**
**_133,599_**
**_96,906_**
**_18,496_**
**_1,035_**
**_12,044_**||
||_96,906_|_199,783_|_31,575_|**_328,264_**||
## **3 INCOME FROM CHARITABLE ACTIVITIES**
|**Core district activities**
Church Planting Officer - Connexion
City Centre Minister - MCHM
Calab Communities - Connexion
Climate Action (Rosy Bank Trust)
Temporary Missioner - MCHM
Other Charitable income
**MIH**
Accommodation & other income
**Bastion Games**
Connexional grant
Earned income
NPNP grant
**Chapel in the Fields**
Mission and Ministry grant
Other income
Total|**Unrestricted**|**Restricted**
**2021**|**Total**|**Unrestricted**|**Restricted**
**Total**
**2020**|
|---|---|---|---|---|---|
||**£**
-
-
-
-
-
-|**£**
32,417
30,000
10,000
6,564
-
-|**£**
**32,417**
**30,000**
**10,000**
**6,564**
**-**
**-**|**£**
_-_
_-_
_-_
_-_
_514_|**£**
**£**
_32,417_
**_32,417_**
_30,000_
**_30,000_**
_-_
**_-_**
_-_
**_-_**
_5,000_
**_5,000_**
_-_
**_514_**
_67,417_
**_67,931_**
_-_
**_118,926_**
_-_
**_118,926_**
_26,883_
**_26,883_**
_-_
**_-_**
_1,500_
**_1,500_**
_28,383_
**_28,383_**
_3,856_
**_3,856_**
_-_
**_20,488_**
_3,856_
**_24,344_**
_99,656_
**_239,584_**|
||-|78,981|**78,981**|_514_||
||84,617|-|**84,617**|_118,926_||
||84,617|-|**84,617**|_118,926_||
||-
14
-|50,801
-
-|**50,801**
**14**
**-**|_-_
_-_
_-_||
||14|50,801|50,815|_-_||
||-
26,103|1,928
-|**1,928**
**26,103**|_-_
_20,488_||
||26,103|1,928|**28,031**|_20,488_||
||110,734|131,710|**242,444**|_139,928_||
(MCHM - Methodist Central Hall, Manchester)
**14**
## **THE METHODIST CHURCH - MANCHESTER AND STOCKPORT DISTRICT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED AUGUST 31 2021**
## **4 INVESTMENT INCOME**
Bank and CFB interest Bank interest (MIH account)
**----- Start of picture text -----**
2021 2020
Unrestricted DAF Restricted Total Total
£ £ £ £ £
1,441 1,298 5 2,744 5,616
- - - - 363
1,441 1,298 5 2,744 5,979
**----- End of picture text -----**
Bank and CFB interest Bank interest (MIH account)
**----- Start of picture text -----**
2020
Unrestricted DAF Restricted Total
£ £ £ £
2,743 2,856 17 5,616
363 - - 363
3,106 2,856 17 5,979
**----- End of picture text -----**
**15**
**THE METHODIST CHURCH - MANCHESTER AND STOCKPORT DISTRICT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED AUGUST 31 2021**
|**5 COSTS OF RAISING FUNDS**
Investment management charges
Support costs
Investment management charges
Support costs|**Unrestricted**|**DAF**
**Restricted**
**2021**|**DAF**
**Restricted**
**2021**|**Total**|**2020**
**Total**|
|---|---|---|---|---|---|
||**£**
289
3,066|**£**
684
-|**£**
2
-|**£**
**975**
**3,066**|**£**
**_950_**
**_3,642_**
**_4,592_**|
||3,355|684|2|**4,041**||
|||||||
||**Unrestricted**|**DAF**
**Restricted**
**2020**||**Total**||
||**£**
_282_
_3,642_|**£**
_664_
_-_|**£**
_4_
_-_|**£**
**_950_**
**_3,642_**||
||_3,924_|_664_|_4_|**_4,592_**||
## **6 COSTS OF CHARITABLE ACTIVITIES**
|**COSTS OF CHARITABLE ACTIVITIES**||||||
|---|---|---|---|---|---|
|DAF Grants - note 7
Other charitable expenditure - note 8|**Unrestricted**|**DAF**|**other des.**
**2021**|**Restricted**|**Total**|
||**£**
-
328,893|**£**
(5,952)
69,044|**£**
-
7,256|**£**
-
129,213||
||328,893|63,092|7,256|129,213||
|Grants - note 7
Other charitable expenditure - note 8|**Unrestricted**|**DAF**
**other des.**
**2020**|**Restricted**
**Total**|
|---|---|---|---|
||**£**
_-_
_1,434,191_|**£**
**£**
_43,734_
_-_
_12,975_
_85,005_
_56,709_
_85,005_|**£**
**£**
_-_
**_43,734_**
_173,785_
**_1,705,956_**
_173,785_
**_1,749,690_**|
||_1,434,191_|||
Included in other charitable expenditure for 2021 are the following grants:
|Calab Communities
GM Churches Together|**Unrestricted**|**DAF**|**other des.**
**2021**|**Restricted**
**Total**|
|---|---|---|---|---|
||**£**
3,250|**£**
-
-|**£**
-
-|**£**
**£**
1,060
**1,060**
-
**3,250**
1,060
**4,310**|
||3,250|-|-||
**16**
**THE METHODIST CHURCH - MANCHESTER AND STOCKPORT DISTRICT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED AUGUST 31 2021**
## **7 GRANTS DUE AND PAID**
|**Awarded**
**Awarded**
**Liability as**
**/(cancelled)**
**Paid out in**
**Liability as**
**/(cancelled)**
**Paid out in**
**liability**
**Liability as**
**at 31/08/19**
**in the year**
**the year**
**at 31/08/20**
**in the year**
**the year**
**Reversed**
**at 31/08/21**
**District Advance fund**
**£**
**£**
**£**
**£**
**£**
**£**
**£**
**£**
Ashton-u-Lyne
Hyde Helping Hand Shop
_-_
_-_
_-_
**_-_**
1,750
(1,750)
-
**-**
Alderley Edge & Knutsford
Zac's House (church plant)
_11,536_
_4,102_
_(6,306)_
**_9,332_**
5,898
(5,230)
-
**10,000**
Alderley Edge & Knutsford
Knutsford pastoral worker
_-_
_-_
_-_
**_-_**
5,000
-
-
**5,000**
Bramhall & Wythenshawe
Children & Family Worker
_-_
_2,500_
_(2,500)_
**_-_**
-
-
-
**-**
Bramhall & Wythenshawe
Bromley Green Women's Project
_5,000_
_-_
_-_
**_5,000_**
(5,000)
-
-
**-**
Bramhall & Wythenshawe
Northenden reseeding worship
_5,000_
_-_
_-_
**_5,000_**
-
-
-
**5,000**
Bramhall & Wythenshawe
Wythenshawe CAP
_5,000_
_-_
_-_
**_5,000_**
-
-
-
**5,000**
Buxton
Chaplaincy Derby University
_2,500_
_5,000_
_(2,500)_
**_5,000_**
-
(2,500)
(2,500)
**-**
District
TC&C
_15,000_
_15,000_
_(15,000)_
**_15,000_**
(5,000)
(10,000)
-
**-**
District
Sheffield re RDE
_24,600_
_12,600_
_(12,200)_
**_25,000_**
-
(12,400)
(12,600)
**-**
District
Mcr Uni Chaplaincy
_5,000_
_5,000_
_(5,000)_
**_5,000_**
-
(5,000)
-
**-**
District
Central Hall civic Training
_-_
_1,000_
_-_
**_1,000_**
-
-
-
**1,000**
Glossop & Tameside
Haughton Green - Place of welcome
_-_
_-_
_-_
**_-_**
1,500
(1,500)
-
**-**
Glossop & Tameside
Hollingworth - Thrive
_-_
_-_
_-_
**_-_**
4,000
(4,000)
-
**-**
Manchester
Moston - muddy Puddles Toddler Group
_-_
_-_
_-_
**_-_**
1,000
(1,000)
-
**-**
Oldham & Saddleworth
Children's & Youth Pastor
_6,300_
_(6,300)_
_-_
**_-_**
-
-
-
**-**
Oldham & Saddleworth
Young People's Worker (E Oldham)
_9,500_
_4,000_
_(5,000)_
**_8,500_**
-
(4,500)
-
**4,000**
Oldham & Saddleworth
Family worker
_-_
_5,000_
_(5,000)_
**_-_**
-
-
-
**-**
Shaw & Royton
Pioneer Ministry
_-_
_8,096_
_(2,705)_
**_5,391_**
-
(2,789)
-
**2,602**
Stockport
Connect@TiviotDale:
**-**
- church plant
_11,987_
_-_
_(11,987)_
**_-_**
-
-
-
**-**
- Bridge Centre manager
_5,333_
_(1,333)_
_(4,000)_
**_-_**
-
-
-
**-**
- ongoing costs
_9,639_
_(4,431)_
_(5,208)_
**_-_**
-
-
-
**-**
- youth room equipment
_1,500_
_(1,500)_
_-_
**_-_**
-
-
-
**-**
Stretford &Urmston
Outreach through connect
_-_
_5,000_
_(2,500)_
**_2,500_**
-
(2,500)
-
**-**
_117,895_
_53,734_
_(79,906)_
**_91,723_**
9,148
(53,169)
(15,100)
**32,602**
**Property grants**
Bramhall & Wythenshawe
Northenden
_5,000_
**_5,000_**
-
-
-
**5,000**
Oldham & Saddleworth
South Chadderton
_5,000_
_(5,000)_
_-_
**_-_**
-
-
**-**
Stockport
Connect@TiviotDale:
_5,000_
_(5,000)_
_-_
**_-_**
-
-
**-**
_15,000_
_(10,000)_
_-_
**_5,000_**
-
-
-
**5,000**
TOTALS
_132,895_
_43,734_
_(79,906)_
**_96,723_**
9,148
(53,169)
(15,100)
**37,602**|**32,602**|**5,000**
**-**
**-**|**5,000**|**37,602**|
|---|---|---|---|---|
||(15,100)|-
-
-
|-|(15,100)|
||(53,169)|-
-
-|-|(53,169)|
||9,148|-|-|9,148|
||**_91,723_**|**_5,000_**
**_-_**
**_-_**|**_5,000_**|**_96,723_**|
||_(79,906)_|_-_
_-_|_-_|_(79,906)_|
||_53,734_|_(5,000)_
_(5,000)_|_(10,000)_|_43,734_|
|||_5,000_
_5,000_
_5,000_|_15,000_|_132,895_|
**17**
**THE METHODIST CHURCH - MANCHESTER AND STOCKPORT DISTRICT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED AUGUST 31 2021**
## **8 CHARITABLE EXPENDITURE**
||**2020**
**Total**|**£**
**_1,465,656_**
**_169,146_**
**23,721**
**_47,433_**|**_1,705,956_**|**_78,487_**
**_2,557_**
**_-_**
**_10,715_**
**_763_**
**_91,262_**
**_4,188_**
**_1,575_**
**_-_**
**_19,787_**
**_22,587_**
**_13,100_**
**_1,140,000_**
**_-_**
**_292_**
**_7,082_**
**_37,483_**
**_35,778_**|**_1,465,656_**|
|---|---|---|---|---|---|
||**Restricted**|**£**
_137,923_
_3,517_
16,445
_15,900_|_173,785_|_5,000_
_-_
_-_
_-_
_-_
_75,762_
_-_
_-_
_19,787_
_-_
_-_
_-_
_-_
_292_
_7,082_
_30,000_
_-_|_137,923_|
|**Unrestricted funds**|**DAF**
**Other**
**Designated**|**£**
**£**
**£**
_1,246,919_
_5,875_
_74,939_
_159,419_
_-_
_6,210_
176
7,100
-
_27,677_
_-_
_3,856_
_1,434,191_
_12,975_
_85,005_
_29,115_
_5,000_
_39,372_
_-_
_-_
_2,557_
_-_
_-_
_-_
_7,153_
_-_
_3,562_
_763_
_-_
_-_
_15,500_
_-_
_-_
_-_
_4,188_
_700_
_875_
_-_
_-_
_-_
_-_
_-_
_-_
_4,810_
_-_
_17,777_
_13,100_
_-_
_-_
_1,140,000_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_7,483_
_35,778_
_-_
_-_
_1,246,919_
_5,875_
_74,939_||||
||**General**|||||
||||_1,434,191_|_29,115_
_-_
_-_
_7,153_
_763_
_15,500_
_-_
_700_
_-_
_4,810_
_13,100_
_1,140,000_
_-_
_-_
_-_
_-_
_35,778_|_1,246,919_|
||**2021**
**Total**|**£**
**233,009**
**217,811**
**33,806**
**49,780**|**534,406**|**77,032**
**760**
**-**
**4,486**
**510**
**4,310**
**495**
**1,195**
**-**
**9,759**
**22,983**
**3,100**
**-**
**-**
**7,208**
**41,849**
**30,000**
**29,322**|**233,009**|
|**Restricted**|**Funds**||129,213|-
-
-
-
-
1,060
-
-
-
9,759
-
-
-
-
7,208
31,435
30,000
-|79,462|
|**Unrestricted funds**|**DAF**
**Other**
**Designated**||7,256|-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|-|
||||69,044|47,200
-
-
1,679
-
-
495
-
-
-
17,742
-
-
-
-
-
-|86,431
67,116|
||**General**||328,893|29,832
760
-
2,807
510
3,250
-
1,195
-
-
5,241
3,100
-
-
-
10,414
-
29,322||
||District core
MIH
Bastion Games
Chapel in the Fields
**District core**
**Direct costs**
Stipends and salaries
Ministry support
Donations and grants
Meetings, events and travel
Training
Grants
District Development Plan
Consultancy
Property Support Services
District Partnership Fund
Manse & housing costs
Depreciation
Impairment loss
Benevolent fund
Synergy Project
Church Planting Minister
City Centre Minister
**Support costs**|||||
**18**
**THE METHODIST CHURCH - MANCHESTER AND STOCKPORT DISTRICT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED AUGUST 31 2021**
## **8 CHARITABLE EXPENDITURE (continued)**
||**2019**
**Total**|**£**
**_87,309_**
**_48,071_**
**_-_**
**_20,215_**
**_1,184_**
**_-_**
**_10,005_**
**_1,012_**
**_1,350_**
**_-_**
**_-_**|**_169,146_**|**_15,294_**
**_3,500_**
**_4,927_**|**23,721**|**_34,130_**
**_4,916_**
**_5,954_**
**_1,199_**
**_334_**
**_-_**
**_900_**
**_-_**|**_47,433_**|
|---|---|---|---|---|---|---|---|
||**Restricted**|**£**
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_3,517_|_3,517_|_15,294_
_-_
_1,151_|_16,445_|_3,856_
_-_
_-_
_-_
_-_
_-_
_-_
_12,044_|_15,900_|
|**Unrestricted funds**|**DAF**
**Other**
**Designated**|**£**
**£**
**£**
_87,309_
_-_
_-_
_48,071_
_-_
_-_
_-_
_-_
_-_
_20,215_
_-_
_-_
_1,184_
_-_
_-_
_-_
_-_
_-_
_10,005_
_-_
_-_
_1,012_
_-_
_-_
_1,350_
_-_
_-_
_(6,210)_
_-_
_6,210_
_(3,517)_
_-_
_-_
_159,419_
_-_
_6,210_
_-_
_-_
_-_
_-_
_3,500_
_-_
_176_
_3,600_
_-_
_176_
_7,100_
_-_
_26,418_
_-_
_3,856_
_4,916_
_-_
_-_
_5,954_
_-_
_-_
_1,199_
_-_
_-_
_334_
_-_
_-_
_-_
_-_
_-_
_900_
_-_
_-_
_(12,044)_
_-_
_-_
_27,677_
_-_
_3,856_||_-_
_-_
_-_|_-_|_3,856_
_-_
_-_
_-_
_-_
_-_
_-_
_-_|_3,856_|
|||||_-_
_3,500_
_3,600_|_7,100_|_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_|_-_
|
||**General**|||||||
||||_159,419_|_-_
_-_
_176_|_176_|_26,418_
_4,916_
_5,954_
_1,199_
_334_
_-_
_900_
_(12,044)_|_27,677_|
||**2020**
**Total**|**£**
**95,972**
**83,895**
**(30,800)**
**34,373**
**1,640**
**-**
**31,484**
**-**
**-**
**1,247**
**-**
**-**|**217,811**|**22,723**
**-**
**11,083**|**33,806**|**35,021**
**4,800**
**7,858**
**922**
**279**
**-**
**900**
**-**|**49,780**|
|**Restricted**|**Funds**|**£**
-
-
-
-
-
-
-
-
-
1,453|1,453|22,723
-
11,083|33,806|1,928
-
-
-
-
-
-
12,564
|14,492|
|**Unrestricted funds**|**DAF**
**Other**
**Designated**|**£**
**£**
**£**
95,972
-
-
83,895
-
-
(30,800)
-
-
34,373
-
-
1,640
-
-
-
-
-
31,484
-
-
-
-
-
-
1,247
-
-
-
(1,453)
-
-|-|-
-
-
|-
|-
-
-
-
-
-
-
7,256|7,256|
||||-|-
-
-|-|1,928
-
-
-
-
-
-
-|1,928|
||**General**||216,358|-
-
-|-|31,165
4,800
7,858
922
279
-
900
(19,820)|26,104|
||**MIH**
**Direct costs**
Staff costs
Property and insurance costs
Internet service - release provision
Operating costs
Activities and sundries
Student hardship
Professional fees
Depreciation
**Support costs**
Accountancy & payroll
Interest and charges
Charged to designated funds
**Charged restricted funds**
**Bastion Games**
Staff costs
Consultancy/management costs
Other costs
**Chapel in the Fields**
Stipend
Manse costs
Activity costs
Heat, light, water
Phone
Chapel maintenance
Depreciation
Charged to designated & restricted funds|||||||
**19**
## **THE METHODIST CHURCH - MANCHESTER AND STOCKPORT DISTRICT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED AUGUST 31 2021**
|**9 SUPPORT COSTS**
**_General support costs_**
Staff costs
Travel & other expenses
Office and other administration costs
Management accounts services
**_Governance costs_**
Synod expenses
Professional fees|**Raising**
**Funds**
**£**
1,692
24
678
672
-
-|**Charitable**
**Activities**
**£**
15,225
217
6,101
6,048
-
1,731|**2021**
**Total**
**£**
**16,917**
**241**
**6,779**
**6,720**
**-**
**1,731**|**Raising**
**Funds**
**£**
_1,480_
_29_
_1,395_
_738_
_-_
_-_|**Charitable**
**2020**
**Activities**
**Total**
**£**
**£**
_13,324_
**_14,804_**
_260_
**_289_**
_12,555_
**_13,950_**
_6,639_
**_7,377_**
_-_
**_-_**
_3,000_
**_3,000_**
_35,778_
**_39,420_**|
|---|---|---|---|---|---|
||3,066|29,322|**32,388**|_3,642_||
The above costs are in respect of the District core activities only and none are attributable to MIH. MIH has its own administration and those support costs are shown in note 10.
The District Advance Fund (DAF) is administered by volunteers and no support costs are attributable to the grant making activities.
Costs have been allocated on the trustees estimate of the use of resources.
|**10 NET INCOMING RESOURCES AFTER TRANSFERS**
This is stated after charging/(crediting):
Independent examiners fees:
Examination
Accountancy
Overprovision prior year
Depreciation of tangible fixed assets
Trustees' remuneration as trustees
Trustees' expenses as trustees|**2021**
**2020**
**£**
**£**
**670**
_660_
**1,830**
_2,340_
**(769)**
_-_
**4,000**
_24,004_
**-**
_-_
**-**
_-_|
|---|---|
|**GAINS AND LOSSES ON INVESTMENTS**
Unrealised gains/(losses) on revaluation of fixed asset investments
Unrealised gain on disposal of assets held for sale
Unrealised gain on disposal of assets held for sale|**Unrestricted**
**funds**
**£**
219,225
11,384|**Restricted**
**Funds**
**2021**
**£**
**£**
-
**219,225**
-
**11,384**
-
**230,609**
**Restricted**
**Funds**
**2020**
**£**
**£**
_-_
**_(1,113)_**
_-_
**_(1,113)_**|
|---|---|---|
||230,609||
||**Unrestricted**
**funds**
**£**
_(1,113)_||
||_(1,113)_||
**11 GAINS AND LOSSES ON INVESTMENTS**
**20**
## **THE METHODIST CHURCH - MANCHESTER AND STOCKPORT DISTRICT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED AUGUST 31 2021**
## **12 STAFF INFORMATION**
|**2 STAFF INFORMATION**
**a Staff costs**
Stipends and salaries
MIH costs to cessation and redundancy costs
Pension contributions - Methodist Ministers Scheme
Pension contributions - defined contribution
Employer's NI contributions|**2021**
**2020**
**£**
**£**
**201,707**
_192,846_
**27,877**
_-_
**24,031**
_23,462_
**7,155**
_6,987_
**15,693**
_16,449_
**276,463**
_239,744_|
|---|---|
No staff member was paid more than £60,000 p.a. in either year.
## **b Key management personnel**
The key management of the charity comprise the trustees, who include the District Mission Enabler (DME) and the City Centre Minister who hold a paid posts within the charity. Both are appointed to the District Council because of the posts they hold. No other trustee is paid by the District.
Details of payments are given in the related parties note.
## **c Average staff numbers (head count irrespective of full or part time working)**
|The average number of members of paid staff was as follows:-
District core activities
Bastion Games
Chapel in the Fields
MIH|**Number**
**Number**
**6**
_6_
**1**
_1_
**1**
_1_
**6**
_6_
**14**
_14_|
|---|---|
## **13 TANGIBLE FIXED ASSETS**
|**TANGIBLE FIXED ASSETS**||||||
|---|---|---|---|---|---|
|**Cost**
As at September 1 2020
Additions
Disposals
As at August 31 2021
**Depreciation**
As at September 1 2020
Charge for the year
Disposals
As at August 31 2021|**Methodist**
**International**
**House**
**£**
2,162,462
-
(2,162,462)|**District**
**Manse**
**£**
464,960
-
-|**Core**
**Office**
**Equipment**
**£**
1,533
-
-
|**MIH**
**Furniture &**
**Equipment**
**£**
52,612
-
(52,612)|**CiF**
**Total**
**Equipment**
**£**
**£**
10,000
**2,691,567**
-
**-**
-
**(2,215,074)**
10,000
**476,493**
3,600
**1,424,691**
900
**4,000**
-
**(1,404,058)**
4,500
**24,633**|
||-|464,960|1,533|-||
||1,362,462
-
(1,362,462)|15,500
3,100|1,533
-|41,596
-
(41,596)||
||-|18,600|1,533|-||
As at September 1 2020 Charge for the year Disposals As at August 31 2021
## **Net book value**
|**Net book value**||||||
|---|---|---|---|---|---|
|As at August 31 2021
As at August 31 2020|-|446,360|-|-
|5,500
**451,860**
_6,400_
_1,266,876_|
||_800,000_|_449,460_|_-_|_11,016_||
**21**
**THE METHODIST CHURCH - MANCHESTER AND STOCKPORT DISTRICT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED AUGUST 31 2021**
|**14 FIXED ASSET INVESTMENTS**
Market value brought forward
Income re-invested
Net gain/(loss) on revaluation
Market value carried forward
**_Investments at fair value comprise:_**
CFB mixed managed units
Cash held within investment portfolio
**15 DEBTORS**
Income receivable
Prepayments & other debtors
**16 CURRENT ASSET INVESTMENTS**
MIH property held for sale
CFB Trustees' Interest Fund - DAF
CFB Trustees' Interest Fund - Youth Council surplus funds
**17 CREDITORS falling due within one year**
Creditors and accruals
Social Security and other taxes
Income and grants in advance
DAF grants payable within 12 months
Other loan
Funds in trust
Residents' deposits
**18 CREDITORS FALLING DUE IN MORE THAN ONE YEAR**
DAF grants payable in more than one year|**2021**
**2020**
**£**
**£**
**77,670**
_77,562_
**1,043**
_1,221_
**11,384**
_(1,113)_
**90,097**
77,670
**16,697**
_15,655_
**73,400**
_62,015_
**90,097**
_77,670_
**3,959**
_5,989_
**11,140**
_14,147_
**15,099**
_20,136_
**1,030,241**
_-_
**399,408**
_342,032_
**1,235**
_1,092_
**1,430,884**
_343,124_
**71,727**
_42,837_
**2,132**
_8,406_
**26,430**
_8,206_
**37,602**
_70,919_
**-**
_10,000_
**1,599**
_-_
**-**
_2,420_
**139,490**
_142,788_
**-**
_25,804_
**-**
_25,804_|
|---|---|
**22**
**THE METHODIST CHURCH - MANCHESTER AND STOCKPORT DISTRICT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED AUGUST 31 2021**
## **19 STATEMENT OF FUNDS**
**----- Start of picture text -----**
- - - - - - -
31/08/2021 £ 1,434,971 419,778 55,785 55,785 1,910,534 120,484 2,031,018
- - - - 810 (810) -
£ 25,810 12,192 (25,000) (12,192) (25,000)
Transfers
- - - - - - - - - -
£
loses 230,609 230,609 230,609
Gains &
- - - - - -
2020/21
£ (7,256) (7,256)
Expenditure (332,248) (63,776) (403,280) (129,215) (532,495)
- - - - - - - -
£
189,281 199,375 388,656 148,642 537,298
Income
- - - -
b/f and c/f 31/08/2020 01/09/2020 £ 1,321,519 284,179 50,849 25,000 12,192 88,041 1,693,739 101,867 1,795,606
£ 107 20,029 (7,189) - - (11,143) (8,886) (27,218) (7,082) 7,082 -
Transfers
£ (1,113) - - - - - - - - - (1,113) - (1,113)
loses
Gains &
Expenditure £ (1,438,115) (57,373) (6,210) - - (67,456) (7,483) (3,856) (85,005) (1,580,493) (173,789) (1,754,282)
- - - - - - - -
2019/20
£
239,940 202,639 442,579 131,248 573,827
Income
01/09/2019 £ 2,520,700 118,884 6,210 58,038 25,000 12,192 78,599 16,369 3,856 200,264 2,839,848 137,326 2,977,174
Unrestricted funds: General fund Designated Funds: District Advance Fund (DAF) Other designated funds MIH Surplus CiF surplus Mission Enabler long term DAF allocations for 16/17: Chapel in the Fields DAF allocations for 19/20 Core expenditure City Centre ministry Chapel in the Fields Total unrestricted funds Restricted funds As below Transfers 2020/21
**----- End of picture text -----**
**23**
**THE METHODIST CHURCH - MANCHESTER AND STOCKPORT DISTRICT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED AUGUST 31 2021**
## **19 STATEMENT OF FUNDS (continued)**
**----- Start of picture text -----**
31/08/2021 £ - - 65,816 - 8,940 6,564 - 6,742 - - 1,243 - - 2,076 29,103 - - 120,484
- - - - - - - - (810) - - - - - (810)
£
Transfers
- - - - - - - - - - - - - - - -
£
loses
Gains &
2020/21 - - - - (2) - - -
Expenditure £ (9,759) (31,435) (30,000) (1,060) (7,208) (1,453) (33,806) (1,928) (12,564) (129,215)
£ - 2,740 32,417 30,000 10,000 6,564 - - - - 5 - 1,453 - 50,971 1,928 12,564 148,642
Income
b/f and c/f 31/08/2020 01/09/2020 £ - 7,019 64,834 - - - - 6,742 7,208 - 810 1,240 - - 2,076 11,938 - - 101,867
£ - - 7,082 - - - - - - - - (1,800) - 1,800 - - - 7,082
Transfers
- - - - - - - - - - - - - - - - - -
£
loses
Gains &
- - (292) - - (904) -
Expenditure £ (74,862) (19,787) (7,082) (30,000) (5,000) (2,482) (1,035) (16,445) (3,856) (12,044) (173,789)
- - - - - - - - -
2019/20 £ 18,496 32,417 30,000 5,000 17 1,035 28,383 3,856 12,044 131,248
Income
To support youth work in the District, either through District initiatives or by grants to Circuits and Churches, to be spent in the next 2 years.
01/09/2019 £ 74,862 8,310 32,417 - - - - 6,742 7,500 810 2,127 4,282 - 276 - - - 137,326
Restricted Funds: Legacy District Partnership fund Church Planting officer City Centre Minister Calab Communities Climate Action Temporary Missioner LN - Children & Youth enabler Synergy Project HVC former staff re attendance at ordination services District Youth Council MIH project MIH - general donations MIH - hardship fund Bastion Games CinF - Mission & Ministry grant CinF - Donations Purpose of restricted fund balances (if not clear from above) District Youth Council Other restricted funds will be utilised during 2021/22 and 2022/23.
**----- End of picture text -----**
**24**
**THE METHODIST CHURCH - MANCHESTER AND STOCKPORT DISTRICT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED AUGUST 31 2021**
## **19 STATEMENT OF FUNDS (continued)**
||**2020**
**Total**|1,434,971
419,778
55,785
120,484
**2,031,018**
_1,321,519_
_284,179_
_88,041_
_101,867_
**_1,795,606_**|
|---|---|---|
||**Restricted**||
|**Unrestricted funds**|||
|**Restricted**|||
|**Unrestricted funds**|**DAF**
**Other**
**Designated**||
||**General**||
||Fixed assets - tangible
Fixed assets - investments
Interdivisional indebtedness
Net Current assets
Creditors due in more than one year||
**25**
**THE METHODIST CHURCH - MANCHESTER AND STOCKPORT DISTRICT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED AUGUST 31 2021**
## **20 TAXATION**
The District is a registered charity and is entitled to claim annual exemption from UK corporation tax.
## **21 CAPITAL COMMITMENTS**
There were no capital commitments authorised and contacted for at the end of the year (2020 £Nil).
## **22 RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASHFLOW FROM OPERATING ACTIVITIES**
|Net income/(expenditure) before transfers
Deduct/(add) gains/(losses) on investments
Deduct interest income shown in investing activities
Add back depreciation tangible fixed assets
Add back impairment loss
Decrease/(increase) in debtors
Increase/(decrease) in creditors
**Net cash generated from/(used in) operating activities**|**2021**
**£**
**235,412**
**(230,609)**
**(2,744)**
**4,000**
**-**
**5,037**
**(19,102)**
**(8,006)**|**2020**
**£**
_(1,181,568)_
_1,113_
_(5,979)_
_24,004_
_1,140,000_
_5,175_
_(45,048)_|
|---|---|---|
|||_(62,303)_|
The charity has no debt.
**26**
**THE METHODIST CHURCH - MANCHESTER AND STOCKPORT DISTRICT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED AUGUST 31 2021**
## **23 RELATED PARTY TRANSACTIONS**
The Mission Enabler, Revd Rod Hill, is a member of the District Council and as such is a trustee, although he receives no payment for acting as a trustee. In the year he received a stipend of £30,329, plus manse provision (2019/20 - £29,653 plus manse provision).
The City Centre Minister, Revd Ian Rutherford, is a member of the District Council and as such is a trustee, although he receives no payment for acting as a trustee. He was paid a stipend of £25,693 (2019/20 - £25,017). The manse is provided by the Manchester Circuit as its contribution to the support of this post.
The Chair of District, Revd Dr Andrew Lunn, is stationed to the District by the Methodist Conference and he is a trustee of the District. His stipend is paid by the through the Methodist Church Fund and is not included in these accounts. The District provides him with a manse and meets the expenses of his office.
Mr Matt Hill the project worker for Bastion Games is the son of Revd. Rod Hill (trustee). The Revd Rod Hill plays no part in discussions or decisions affecting his son’s employment. Matt Hill developed the original concept for the project and promoted it to the District for support and funding. During the year Matt Hill was paid £14,440.
The members of the District Council are the members of Transforming Churches and Communities (TCC), a charitable incorporated organisation (charity number 1150394). The District works with TCC who deliver a range of services to the District, Circuits and Churches. During the year the District made grants and paid fees for services to TCC as follows:
- ➢ Grants of £10,000 (2019/20 - £16,000);
- ➢ Fees for providing other services of £12,138 (2018/19 - £16,122); and
- ➢ £9,760 (2020 £16,666) for the delivery of services under the District Partnership Fund.
There were no other related party transactions.
## **24 CONTRIBUTIONS TO METHODIST CHURCH FUND (MCF)**
In addition to the assessments on the Circuits to help fund the cost of running the District, the District acted as agent for the Methodist Church Fund (MCF) which levied assessments on the Circuits in this District totalling £540,294 (2020: £518,562) all of which were collected before the year end and paid over to MCF in the year. No balance was held at the year end (2020: none), and no fee is received by the District and no costs incurred in handling these contributions. These contributions for the MCF do not appear elsewhere in these financial statements.
**27**
**THE METHODIST CHURCH - MANCHESTER AND STOCKPORT DISTRICT FINANCIAL STATEMENTS FOR THE YEAR ENDED AUGUST 31 2021**
**The following pages do not form part of the statutory accounts.**
**28**
## **THE METHODIST CHURCH - MANCHESTER AND STOCKPORT DISTRICT DETAILED INCOME AND EXPENDITURE – DISTRICT CORE FOR THE YEAR ENDED AUGUST 31 2021**
|**INCOME**
Contributions from CMT
Distribution Connexional Priority fund
Circuit Assessments
District Partnership Fund
Methodist Church GB:
- Church planting officer
- Calab Communities
MCMNC - City Centre Minister
MCMNC - Temporary Missioner
Other charitable income
Bank and CFB interest
**EXPENDITURE**
Staffing
Pastoral & ministerial support
Training
Grants DAF
Grants Youth Council
Grants - Calab Communities
Grants other
District development plan
District Partnership fund
Events, meetings and travel
Consultancy
Property support services
Management accounting
Office costs
Independent examination
Synod expenses
Synergy project
Depreciation
Impairment loss
Investment management costs|**General**
**Un**|**restricted funds**|**restricted funds**|**Restricted**
**Funds**|**Total**
**2021**|**General**
**U**|**nrestricted funds**|**nrestricted funds**|**Restricted**
**Total**
**Funds**
**2020**
**£**
**£**
_-_
**_66,184_**
_-_
**_133,599_**
_-_
**_96,906_**
_18,496_
**_18,496_**
_32,417_
**_32,417_**
_-_
_30,000_
**_30,000_**
_5,000_
**_5,000_**
_-_
**_514_**
_17_
**_5,616_**|
|---|---|---|---|---|---|---|---|---|---|
|||**DAF**
**Other**
**Designated funds**|||||**DAF**
**Other**
**Designated funds**|||
||**£**
-
-
77,106
-
-
-
-
-
1,441|**£**
87,510
110,567
-
-
-
-
-
-
1,298|**£**
-
-
-
-
-
-
-
-
-|**£**
-
-
-
2,740
32,417
10,000
30,000
-
-
5|**£**
**87,510**
**110,567**
**77,106**
**2,740**
**32,417**
**10,000**
**30,000**
**-**
**-**
**2,744**
**353,084**
**191,752**
**760**
**510**
**(5,952)**
**-**
**1,060**
**3,250**
**495**
**9,759**
**1,756**
**1,195**
**-**
**6,720**
**6,779**
**1,731**
**7,208**
**3,100**
**-**
**975**|**£**
_-_
_-_
_96,906_
_-_
_-_
_-_
_-_
_514_
_2,743_|**£**
_66,184_
_133,599_
_-_
_-_
_-_
_-_
_-_
_-_
_2,856_|**£**
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_||
||78,547|199,375|-|75,162||_100,163_|_202,639_|_-_|_85,930_
**_388,732_**|
||63,696
760
510
-
-
-
3,250
-
-
1,756
1,195
-
6,720
6,779
1,731
-
-
3,100
-
975|66,621
-
-
(5,952)
-
-
495
-
-
-
-
-
-
-
-
-|-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|61,435
-
-
-
-
1,060
-
9,759
-
-
-
-
-
-
-
7,208
-
-||_53,514_
_-_
_763_
_-_
_15,500_
_-_
_-_
_2,657_
_700_
_-_
_7,377_
_13,950_
_3,000_
_-_
_-_
_13,100_
_1,140,000_
_282_
|_5,000_
_-_
_-_
_43,734_
_-_
_-_
_-_
_-_
_875_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_664_|_68,194_
_2,557_
_-_
_-_
_-_
_-_
_4,188_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_|_42,082_
**_168,790_**
_-_
**_2,557_**
_-_
**_763_**
_-_
**_43,734_**
_900_
**_900_**
_74,862_
**_90,362_**
_-_
**_4,188_**
_19,787_
**_19,787_**
_-_
**_2,657_**
_-_
**_1,575_**
_-_
**_-_**
_-_
**_7,377_**
_-_
**_13,950_**
_-_
**_3,000_**
_-_
**_-_**
_292_
**_292_**
_-_
**_13,100_**
_-_
**_1,140,000_**
_4_
**_950_**|
||90,472|61,164|-|79,462|**231,098**|_1,250,843_|_50,273_|_74,939_|_137,927_
**_1,513,982_**|
||(11,925)|138,211|-|(4,300)|121,986|_(1,150,680)_|_152,366_|_(74,939)_|_(51,997)_
**_(1,125,250)_**|
**29**
## **THE METHODIST CHURCH - MANCHESTER AND STOCKPORT DISTRICT DETAILED INCOME AND EXPENDITURE – DISTRICT CORE FOR THE YEAR ENDED AUGUST 31 2021**
|**Staffing**
**_Mission enabler_**
Stipend, nic and pension
Expenses
Manse costs
**_Chair of District_**
Expenses
Manse costs
**_Safeguarding officer_**
Salary, nic and pension
Expenses
**_City Centre Minister_**
Stipend, nic and pension
Expenses
**_Church Planting Minister_**
Stipend, nic and pension
Expenses/manse costs
**_Temporary Missioner_**
Stipend, nic and pension
Expenses
**_Children & Youth Work enabler_**
Salary, nic and pension
Expenses
**_Administrator and PA_**
Salary, nic and pension
Expenses
**TOTAL STAFFING**|**General**
**U**|**nrestricted funds**|**nrestricted funds**|**Restricted**
**Funds**|**Total**
**2021**|**General**
**U**|**nrestricted funds**|**nrestricted funds**|**Restricted**
**Funds**
**£**
_-_
_-_
_-_|**Total**
**2020**
**£**
**_39,372_**
**_3,562_**
**_17,777_**|
|---|---|---|---|---|---|---|---|---|---|---|
|||**DAF**
**Other**
**Designated funds**|||||**DAF**
**Other**
**Designated funds**||||
||**£**
-
-
-|**£**
40,369
1,679
17,742|**£**
-
-
-|**£**
-
-
-|**£**
**40,369**
**1,679**
**17,742**
**59,790**
**586**
**5,241**
**5,827**
**29,832**
**465**
**30,297**
**35,629**
**1,202**|**£**
_-_
_-_
_-_|**£**
_-_
_-_
_-_|**£**
_39,372_
_3,562_
_17,777_|||
||-|59,790|-|-||_-_|_-_|_60,711_|_-_|**_60,711_**|
||586
5,241|-
-|-
-|-
-||_1,958_
_4,810_|_-_
_-_|_-_
_-_|_-_
_-_|**_1,958_**
**_4,810_**|
||5,827|-|-|-||_6,768_|_-_|_-_|_-_|**_6,768_**|
||29,832
465|-
-|-|-
-||_28,288_
_2,538_|_-_
_-_|_-_
_-_|_-_
_-_|**_28,288_**
**_2,538_**|
||30,297|-|-|-||_30,826_|_-_|_-_|_-_|**_30,826_**|
||-
-
|5,629
1,202|-|30,000
-||_-_
_-_|_-_
_-_|_5,841_
_1,642_|_30,000_
_-_|**_35,841_**
**_1,642_**|
||-
-
10,414|6,831|-|30,000|**36,831**|_-_|_-_|_7,483_|_30,000_|**_37,483_**|
|||-
-|-
-|17,172
14,263|**17,172**
**24,677**|_-_
_-_|_-_
_-_|_-_
_-_|_6,427_
_655_|**_6,427_**
**_655_**|
||10,414|-|-|31,435|**41,849**|_-_|_-_|_-_|_7,082_|**_7,082_**|
||-
-|-
-|-
-|-
-|**-**
**-**|_827_
_-_|_5,000_
_-_|_-_
_-_|_5,000_
_-_|**_10,827_**
**_-_**|
||-|-|-|-|**-**|_827_|_5,000_|_-_|_5,000_|**_10,827_**|
||-
-|-|-
-|-
-|**-**
**-**|_-_
_-_|_-_
_-_|_-_
_-_|_-_
_-_|**_-_**
**_-_**|
||-|-|-
|-|**-**|_-_|_-_|_-_|_-_|**_-_**|
||16,917
241|-
-|-
-|-
-|**16,917**
**241**|_14,804_
_289_
|_-_
_-_|_-_
_-_|_-_
_-_|**_14,804_**
**_289_**|
||17,158|-|-|-|**17,158**|_15,093_|_-_|_-_|_-_|**_15,093_**|
||63,696|66,621|-|61,435|**191,752**|_53,514_|_5,000_|_68,194_|_42,082_|**_168,790_**|
**30**
## **THE METHODIST CHURCH - MANCHESTER AND STOCKPORT DISTRICT DETAILED INCOME AND EXPENDITURE – MIH FOR THE YEAR ENDED AUGUST 31 2021**
|**INCOME**
Accommodation fees
Donations & gift aid
Bank interest
**EXPENDITURE**
Staff costs
Property costs (ex utilities)
Utilities
Insurance
Internet service
Advertising
Operating costs
Activities and sundry costs
Accountancy & payroll services
Credit card & bank charges
Professional fees
Depreciation
Allocated to restricted gen
Surplus/(deficit) for the year|**Unrestricted**
**Funds**
**£**
84,617
-
-
84,617
95,972
16,174
61,097
6,624
(30,800)
-
34,373
1,640
-
1,247
31,484
-
(1,453)|**Restricted**
**Funds**
**£**
-
1,453
-|**Total**
**2021**
**£**
**84,617**
**1,453**
**-**|**Total**
**2020**
**£**
_118,926_
_1,035_
_363_|
|---|---|---|---|---|
|||1,453|**86,070**|_120,324_|
|||-
-
-
-
-
-
-
-
-
-
-
-
1,453|**95,972**
**16,174**
**61,097**
**6,624**
**(30,800)**
**-**
**34,373**
**1,640**
**-**
**1,247**
**31,484**
**-**
**-**|_87,309_
_9,521_
_31,033_
_7,517_
_-_
_-_
_20,215_
_1,184_
_1,012_
_1,350_
_-_
_10,005_
_-_|
||216,358|1,453|**217,811**|_169,146_|
||(131,741)|-
|**(131,741)**|_(48,822)_|
**31**
## **THE METHODIST CHURCH - MANCHESTER AND STOCKPORT DISTRICT DETAILED INCOME AND EXPENDITURE – CiF FOR THE YEAR ENDED AUGUST 31 2021**
|**INCOME**
Grant - Connexion
Grant -DAF
Donations - money
Quiet days
Workshops
Sale of products
Hire of chapel
**EXPENDITURE**
Stipend
Manse costs
Activity costs
Heat, light, water
Phone
Depreciation
**SURPLUS FOR THE YEAR**|**2021**
**2020**
**£**
**£**
**1,928**
_3,856_
**3,856**
_3,856_
**12,564**
_12,044_
**2,971**
_1,352_
**6,153**
_8,011_
**16,979**
_9,528_
**-**
_1,597_
**44,451**
_40,244_
**35,021**
_34,130_
**4,800**
_4,916_
**7,858**
_5,954_
**922**
_1,199_
**279**
_334_
**900**
_900_
**49,780**
_47,433_
**(5,329)**
_(7,189)_|
|---|---|
**32**