2020-08-31-accounts

efollowingMethodistChurches	are linkedto thecircuit:
ChapelStreet,Penzance HighStreet,Penzance Drift	Centenary,Newlyn Trinity,Newlyn Escalls	Bible Christian,St lves United,St lves Hellesveor
Gulval	Mousehole	StErth
Madron WesleyRock,Heamoor	StBuryan StJust	ChyanGweal CarbisBayWesley

	Notestothe accounts	UnrestrictedCMTI funds{Unrestricted}	UnrestrictedCMTI funds{Unrestricted}	UnrestrictedCMTI funds{Unrestricted}	UnrestrictedCMTI funds{Unrestricted}	Designated Funds	testricted Funds	Total2OX9-20	Total2OX9-20	Totql2O7S-79	Totql2O7S-79
		f,t					E	L			E
lncome and Endowmentsfrom:
Donations											275
Grants		5,000							5,000	-	7,207
Cherit-.b!eacti..,ities
Assessmentsorshare		163,565						163,565		""-	757,772
Other	5	2,634							2,634	"."	2,321
Othertradingactivities	6
- Letlings		15.600	.								15.500
lnr,a-+66h+.		a 1ic		I	2nf,				,crc	.,.,	2 a/l2
Surplusonsalecffixedassets											52,151
Total		188,045		2,300				l94,345			237,969
Expendhure on:
Stis€nds, saiari€s.NIC&Pension costs DistrictAssessment Methodist ChurchFund		118.626 7,845 30,627						LL8,6ZO 7,845 30,627		-' "-" "'	174,L68 8,40d 29,044
Telephone&travel lnsurance, utilities, etc foiaintenarrceonrnanses		1,426 12,570 634			0	z6,ibo			L,426- L2,570* 28,80A,.		6,373 72,997 47,iei
Expenditure onotherCircuitproperty		2,24O							2,240		4270
Other Expenditure		L4,729			565				16,05L	-.	24,594
Connexional PropertyFundLevy									-		85,566
LUflUlDUuUIt5LUUt5UtutAUVdnLCrultU				L4,r1lO					Lt,+/o		lrzl /
Tctal		188,697		L2,99t		24923		23{r,611			339!795
Netincome/{expenditure}		(6s2)		(10,691)		(24e23)		(4O,256)			t\O1,827)
Transfercbehreen funds	L4	30,583		(54ooo)		33,000	477
E.,L T^.-I		t- d'l		la,	corl	i i11	,ta	l	r4 ,c4l		l1i1 oral
Olrerr.ecognised gains/(loss€:
Gains/{Losses)on investmentas$ets		{1,eee)							t1,sss)		{320)
Het mouementinfunds		27,932		f14,igrl		4,O77	4L7	t42,265)			(r02,147)
Reconciliation offunds:
torat funris broughtforward		1,4i4bru		l6z.i5t		34375	445	L,73L,8i.i2			t,8Js,e4v
Total funds carriedforward		1,442,562		207,661		38,452	862	L,6A9$37			7,73r,4)2
									I
Forinformation onlyMoney receiued and	passedontoExternalolganisations								t.:k)
Balancetrought forwardfromibstyear
gfferingslcifts-receivedforExtemalOryanis"dtiofis									49;		2,254
offerings/Gifts- passedtoExternalorgani	sations								or1		2,254

West CornwallMethodistCircuit Balance Sheetasat31August2020
		Unrestricted	CircuitModel	Restricted	Designated	Total	Tatal
			TrustFund		Funds	2A19120	2A18/$
			(Unrestrictedl
		t	g.			€		f
Tangiblefixed Assee
	Irlotes
Land&Buildings	10	1,295,520				1,295,520	7,295,520
Total flxedassets		1,295,520				1,295,520	1,295,520
CurrentAssets
DebtorsandPrepayments	72	24,564				24,54-"-		9,846
Other
TrusteesforMethodistChurch Purposesdeposits	Ll	31,527	207,66t			23g,1gg'ir		3lS,Zg0
CentralFinance Board Deposits		L45,267			38,452	743,719'x		94,438
CashatBankandin hand Total currentossets		22,&1 184000	2W,661	862 852	38,452	23,503{' 430,974		58,478 477,992
Creditors and Accruals
{duein under1yr)	13	36958				36,958'"		41,777
I{et currentassetsfliabilities]		147,042	207,661	862	38,452	394,016		436,281
Totalassetslesseurrentliobilities		1,M2,5d2	207,661	852	38,452	1,589,535 ..-'	1,731,801

NotestotheAcoountsforthe y	ear ended	ear ended	31.8.2020	31.8.2020
	Unrestricted		-CircuitModel TrustFund		IresEnated	Festric,ted			2020 Total	2079 Tatol
		2C			f			€	€f
C.Donations
Donations										275
Total										275
5.Charitableactfuities -Ether
										2,321
Charitable activities - Levy Refund
Tota!										Z',321
6.Otheruadirgactivities
LettingsBedfgrdRoad Manse	1t6S								15,800	15,6{n
Totel	15,8ff)								15,600	',,fln
7.hvestmentincome
TrusteesforMethodistChurch
Purposes Total	- 1,246			2,300 2,3q)					2,3002,277 3,5i153,303
S.PaymenttoTrust€es
Allof the MinistersandtheCircuitAdministrator		are membersof the			Circuitmeetingand			are accordingly
Managing Trusteesof the charity, therefore all remunerationdisclosed in NoteI						hasbeen		paidtoTrustees		ofthe
						2020				2A$
Number of trustees whowerepaidexpenses						f--			frd
Expensepayments primarilyrelateto reimbursement for travel, stationeryand postages.
						f,				f
Totalamount paid								4,41d		-p44)
9,PaymentsofStipends,Sahries,NIC	andPensionContribution$
StafrCostspaid during theyearwere:						e				€
Grosswages,salaries and allowances						90,164				83,$7
Employer/sNationallnsurance costs							7,649			6,75i
Peasion costs						20,813				13"426
Totalrtaffcosts Averagenumberotstaffemployed duriagtheyearwere:						118,526 rl			103,276

Costor valuation
	Mans€B	Total
	f	f
Salancebrought forward	1,295,520	1,295,520
ddditirons
levaluations {+/-}
)isoosals {-}
]alancecanied forward	1.295.520	1.295,520

Nameof Treasurer	Linda Stevens
Address
	5 SonaMergClose,Heamoor,Penzance

NameofindePendent examiner	N<+{,o${ eellJE
SignatureofindePendent
examiner
RelevantProfessionalquali
	l'8€<(\8,6c4nt,(MCil2'.- G'c't B	I
Address	$€s{e^	,5-(€-€ {LE.q^,6 f,-f.tv'E.s <*ZV z
Date	. \s\a'