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|The West Cornwall|Circuit was formed
in September 2018from the merger|Circuit was formed
in September 2018from the merger|Circuit was formed
in September 2018from the merger|Circuit was formed
in September 2018from the merger|ofthe|ofthe|former St Ives Circuit|former St Ives Circuit|
|---|---|---|---|---|---|---|---|---|
|and the former West Penwith Circuit. There are currently
fifteen Churches.|||||||||
|Charity details|||||||||
|Full Name ofCharity:||West Cornwall
Methodist
Circuit|||||||
|Registration
Charity|Number:|113569|||||||
|Date ofregistration:||27'"April, 2010|||||||
|Main communication|address:|Circuit Office, The Centre, Chywoone|Hill, Newlyn,||||Penzance TR18SAR||
|The members ofthe West Cornwall
Methodist
Circuit meeting are the||||Charity Trustees,||||membership|
|being made up ofCircuit office holders,
ministers
and representatives||||appointed||by the||local Churches.|
|Full membership
is|shown as Appendix
Ato this report.||||||||
|Circuit Ministers
and officers|||||||||
|Active Circuit Ministers||Revd Ralph Ward|||||||
|||Revd Edwin Myers|||||||
|||Deacon Stephen
Richardson
(until 31"July 2022)|||||||
|||Revd Matt Fugill (from 1"September|2022)||||||
|Circuit Stewards||Mrs Linda Stevens (until 31"December||2022)|||||
|||Mr Jeremy Drew|||||||
|||Mrs Nicola Jones|||||||
|||Miss Karen Curnow|||||||
|||Mrs Margaret
Richards (from 9""November|||2022)||||
|Administrator:||Mrs Tania Bird|||||||
|Investment
Bankers||Central Finance Board ofthe Methodist||Church|||||
|||Trustees for Methodist
Church purposes|||||||
|Current Account||Lloyds Bank pic, PO Box1000BX11LT|||||||
|Inde'pendent
Examiner||Mr Kieran Stephens
ACCA, AW Accountants,|||Trevenson|||House, Pool,|
|||Redruth. TR153PT|||||||
|Solicitors||Blake Morgan
LLP|||||||
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|uring 2|021-22the following
M|ethodist
Churches we|re linked to the C|ircuit:||
|---|---|---|---|---|---|
|Chapel|Street, Penzance|Escalls||St Erth||
|High Street, Penzance||Mousehole||||
|Drift||St Buryan||Chy an Gweal &||
|Gulval|(until 31/8/22)|Bible Christian,|St Ives (until|Carbis Bay||
|Madron||31/5/22)||(until both merged|on|
|Wesley|Rock, Heamoor|United, St Ives||1/6/22 as Carbis Bay||
|Centenary,
Newlyn||Hellesveor||Combined)||
|Trinity,|Newlyn|StJust||||
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|statement offlnan|dal
A|ctiviti|es (sofA) f|orthe year ended|31August 2|022|||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||Notes totha|Unrestricted|CMTF|Designated|Restricted|||
|||||accounts|funds|(Unrestdcted)|funds|funds|Total 2021/22|Total 2020-21|
||||||E|E||E|E|3|
|Income and Endowments||from:|||||||||
|Donations||||4||||||825|
|Grants||||5|18,944||||18,944|5,000|
|Charitable
activities|||||||||||
|Assessments orshare|||||164,180||||164,180|178,415|
|Other|||||5,603||||5,603|4,182|
|Other trading activities||||6|||||||
|-Lettings|||||15,600||||15,600||
|Investments||||7|1,386|487|||1/I73|1,424|
|Surplus on sale of|Axed assets||||||||||
|Total|||||205&713|487|||||
|Expenditure
on;|||||||||||
|Stipends, salaries,|NIC 8&|Pension costs||9|126,913||||126,918|121,394|
|Distdct ASsessmen'|||||8,369||||8,369|8,247|
|Methodist
Church|Fund||||31,395||||31395|32,061|
|Telephone
ih travel|||||3,636||||3,636|3,049|
|Insurance,
utgltles,|erc||||15,309||||15,309|12,&IO|
|Maintenance
on menses|||||||3,398||3,398|52,883|
|Expenditure
on other Circuit property|||||4,486||||4&486|1,315|
|Other Expandhum|||||12,058|327|6,010||18,395|25,077|
|Pension Reswve Payment||||||10,000|||10,000||
|Contributions
to District||Advance Fund||||3,227|||3,227||
|Teaal|||||202&171|13~|||225,135|265&048|
|Net income/(expenditure)||||||(13,067)|(SAW)|0|(28&933)|(59&602/|
|Transfers between|hmds|||14|20,500|(SS,500)|15,000||||
|Sub Total|||||24,041|(48,567)|5,592|0|(18,933)|(59,602/|
|Other recognised
gains /||(losses):|||||||||
|Gains/(Losses)
on investment|||assets||(2,530)||||(2,530)|4,999|
|Net movement
ln|funds||||21&512|(48&567)|5,592|0|(21&463)|(54&603)|
|Raconcglation
offunds:|||||||||||
|Total funds brought forward|||||1,511,359|114,551|9,024|0|1,634,934|1,639,537|
|Total funds carried|forward||||1,532,871|65,984|14,616|0|1,623&471|1,634,934|
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|Balance Sheet asat31A|ugust 2022||||||||
|---|---|---|---|---|---|---|---|---|
||||Unrestricted|Circuit llllodel|Restricted|Designated|Total|Total|
|||||Trust Fund||Funds|2021/22|2020/22|
|||||(Unrestdcted)|||||
||||6|8|8||6|6|
|Tangible Reed Assets|||||||||
|||Notes|||||||
|Land &Buildings||10|1,295,520||||1,295,520|2,295&520|
|Total)bred assets|||1,295420||||1,295,520|1,295,520|
|Current Assets|||||||||
|Debtors and Prepayments|||9,645||||9,645|11,268|
|Other|||||||||
|Trustees for Methodist|Church||||||||
|Purposes deposits|||35,031|65,984|||101,015|151,553|
|Central Finance Board Deposits|||203&218|||14,616|217,834|208,954|
|Cash at Bank and In hand|||21,897||||21,897|32,433|
|Total cunent assets|||269,791|65,9$4||14,616|350,391|404,208|
|Creditors and Accruals|||||||||
|(due In under 1yr)||13|32,440||||$2,440||
|Net current assets (Babgitles)|||237,351|65,984||14,616|317,951|339,415|
|Total assets fesscurrant ffoNlltfes|||1,532,871|65,9$4||14,616|1,613,471|1,634,9$5|
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|Notes tothe Accounts for the year|Notes tothe Accounts for the year|Notes tothe Accounts for the year|Notes tothe Accounts for the year|ended|ended|$121.2022|$121.2022|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||Un~n||d|ClrcuitModel
Trust Fund||0|siWamd Ibun~|||2022
Total|2021
roaal|
||||||6||E|||E|3|E||
|Donations|||||||||||||325|
|Total|||||||||||||025|
|5.Grants||||||||||||||
|Distdct Advance Fund||||5,000||||||||5,000|5,000|
|District Advance Fund|||13,944|||||||||13,944||
|Total|||tsr944|||||||||1S,S44|5,000|
|6.Other trading actlviths||||||||||||||
|Inttlngs Bedford Road|Manse||15,600|||||||||15,600|15,600|
|Total||||||||||||15,600|15,000|
|7.Investment
Income||||||||||||||
|Central Finance Board||||1386||||||||1386|735|
|Trustees for Methodist|Church|||||||||||||
|Purposes||||||||||||4S7|639|
|Total||||||||||||Vrfs|1,424|
|ILPayment toTrurteas||||||||||||||
|Ag ofthe Ministers and the Circuit||Administrator|||are|members|ofthe|Orcus meeting and|||are eccordlngly|||
|Managing Trustees ofthe charily, therefore||||ag remuneration|||dlsdosed||in|Note 9has been|paid toTrustees ofthe|||
|||||||||||2022|||2021|
|Number oftrustees who were paid||exPenses||||||||||||
|Expense payments
primer gy relate||to reimbursement||||for travel, stationery||||and postages.||||
|Total amount paid||||||||||5
~3,992||||
|9.paymenn ofstb»nds, Salaries,||NIC|end pension|||Contributions||||||||
|StaffCons paid during|the year were:|||||||||||||
|Gross wages,
salaries and allowances||||||||||96,787|||92.600|
|Employer's
National insurance costs||||||||||3,569|||7,910|
|Pension mats||||||||||21,561|||21,376|
|Total staff sorts||||||||||126,910|||121,094|
|Average number ofstaff employed||during the year||||wares||||||||
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|Costorvaluation|||
|---|---|---|
|Balance brought forwanl|1,295,520|1,295,520|
|Additions|||
|Revaluations +-|||
|0
osals-|||
|Balance carried forward|1,295520|1,295520|
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|Debtors and prepayments|
|---|
|Pre paid stlpends|
|Assessments
due|
|Total debtors and prepayments|
|Analysts ofcash at bank|
|Bank balance held ln uoyds TSS|
|Bank balance held in Central Finance Board|
|Total Ooh and Sank|
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