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|Active Circuit|Active Circuit|Ministers|Revd Ralph Ward||||
|---|---|---|---|---|---|---|
||||Revd Edwin Myers (until 29'" February 2024)||||
||||Revd Matt Fugill (until 31"August 2024)||||
|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)||
||||Mr Steve Canning
(from 13'"February 2024)||||
|Administrator:|||Mrs Tania Bird||||
|Investment|Bankers||Central Finance Board ofthe Methodist|Church|||
||||Trustees for Methodist
Church purposes||||
|Current Account|||Lloyds Bank pic, PO Box1000BX11LT||||
|Independent||Examiner|Mr Kieron Stephens
ACCA, AW Accountants,||Trevenson|House, Pool, Redruth. TR15|
||||3PT||||
|Solicitors|||Anthony
Collins LLP||||
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||Cornwall||District|No|/ Circuit No|12/09|
|---|---|---|---|---|---|---|
|Ministers|Revd Ralph Ward||||||
||Revd Matthew
Fugill||||||
||Revd Edwin
M ers||||||
|Circuit Stewards|Mr Jeremy Drew|Miss Karen Curnow|||||
||Mrs Nicola Jones|Mrs Margaret|Richards|(from|9/11/22)||
||Mrs Linda Stevens|to 31/12/22|||||
|Circuit Treasurer|Mrs Tania Bird||||||
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||||||Notes tothe|Unrestricted|CMTF|Designated|Restricted|||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||accounts|funds
f|(Unrestricted)
f|Funds|Funds
f|Total 2022/23
f|Totol 2022/22
f|
|Income and Endowments||from:||||||||||
|Donations|||||4|7,399||||7,399||
|Grants|||||5||||||18,944|
|Charitable
activities||||||||||||
|Assessments
or|share|||||165,619||||165,619|164,180|
|Other||||||1,064||||1,064|5,603|
|Other trading
activities|||||6|||||||
|—Lettings||||||19,8DO||||19,800|15,600|
|investments|||||7|7,560|4,759|||12,319|1,873|
|Surplus on sale of|fixed assets||||||105,773|||105,773||
|Total||||||201342|1M,532|||311,974||
|Expenditure
on:||||||||||||
|Stipends, salaries,|NIC &|Pension costs|||9|129,073||||129,073|126,918|
|District Assessment||||||7,684||||7,684|8,369|
|Methodist
Church|Fund|||||30,692||||30,692|31,395|
|Telephone
&travel||||||7,401||||7,401|3,636|
|Insurance,
utilities,|etc|||||12,974||||12,974|15,309|
|Maintenance
onmanses||||||11,416||||11,416|3,398|
|Expenditure
on other Circuit property||||||28,287||||28,287|4,486|
|Other Expenditure||||||12,079||||12,267|18,395|
|Pension
Reserve Payment|||||||||||10,000|
|Contributions
to District Advance||||Fund|||1,649|||1,649|3,227|
|Total||||||239,606|12137|||241,443|225133|
|Net income/(expenditure)||||||(38,164)|108,695|0||70,531|(18,933/|
|Transfers between|funds|||||50,116|(35,50DI|(14,616)||||
|Sub Total||||||22,952|73,195|(14,616)||70,531|(18,933)|
|Other recognised|gains / (losses):|||||||||||
|Gains/(Losses)
on|investment||assets|||464||||464|(2,530)|
|Net movement
in|funds|||||12,416|73,195|(14,616)||70,995|(21,463)|
|Reconciliation
offunds:||||||||||||
|Total funds brought forward||||||1,532,871|65,984|14,616||1,613,471|1,634,934|
|Total funds cardied forward||||||1,545,287|139,179|||1,684,466|1,613,471|
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|Balance Sheet as at31A|ugust 2023||||||||
|---|---|---|---|---|---|---|---|---|
||||Unrestricted|Circuit Model|Restricted|Designated|Total|Total|
|||||Trust Fund||Funds|2022/23|2022/22|
|||||(Unrestricted)|||||
|||||f||6|6||
|Tangible Fixed Assets|||||||||
|||Notes|||||||
|Land & Buildings||10|1,295,520||||1,295,520|1,295,520|
|Totalfixed assets|||1,295,520||||1~295p520|2~295~520|
|Current Assets|||||||||
|Debtors and Prepayments||12|12,748||||16,877|9,645|
|Other|||||||||
|Trustees for Methodist|Church||||||||
|Purposes deposits|||36,398|139,179|||175,577|101,015|
|Central Finance Board|Deposits||227,784||||227,784|217,834|
|Cash at Bank and in hand|||12,457||||12,457|21,897|
|Total current assets|||289,387|139,179|||432p695|350,391|
|Creditors and Accruais|||||||||
|(due in under 1yr)||13|39,620||||39,620|32,440|
|Net current assets (liabilities)|||249,767|139,179|||388,946|317,951|
|Total assets less current|liobllltles||1,545,287|139,179|||1,684,466|1,613,471|
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|Notes to the|Acco|unts|fo|r t|h|e|year ended|year ended||31.8.2023|31.8.2023|31.8.2023|31.8.2023||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted|||Circuit Model
Trust Fund||||Designated||Restricted|||2023
Total|2022
Total|
||||||||||E||||E|||E||6|E|6|
|4.Donations|||||||||||||||||||||
|Donations||||||||7,399|||||||||||7399||
|Total||||||||7,399|||||||||||7,399||
|5.Grants|||||||||||||||||||||
|District Advance|Fund|||||||||||||||||||5,000|
|District Advance|Fund|||||||||||||||||||13,944|
|Total||||||||||||||||||||18.944|
|6.Other trading|activities||||||||||||||||||||
|Lettings Bedford|Road|Manse||||||15,600|||||||||||15,600|15,600|
|Lettings Newlyn|Manse|||||||4,200|||||||||||4,200||
|Total||||||||19,800|||||||||||19,800|15,600|
|7.Investment
income|||||||||||||||||||||
|Central Finance|Board|||||||6,558|||||||||||6,558|1,386|
|Trustees for Methodist||Church|||||||||||||||||||
|Purposes||||||||1,002||||4759|||||||5,761|487|
|Total||||||||7,560||||4,759|||||||12,319|1,873|
|B.Payment to Trustees|||||||||||||||||||||
|All ofthe Ministers are||members|||ofthe Circuit meeting||||||and are||accordingly||Managing Trustees||||ofthe charity,||
|therefore
an remuneration|||disclosed||||in Note|9has|been||paid to||Trustees of||the|chanty.|||||
|||||||||||||||||2023||||2022|
|Number oftrustees who were||||paid||expenses|||||||||||||||
|Expense payments
primarily|||relate|||to|reimbursement|||for travel,|||stationery||and|postages.|||||
|Total amount
paid||||||||||||||||6
~6,601||||3,992|
|9.Payments ofStipends, Salaries,||||||NIC and Pension|||Contributions||||||||||||
|Staff Costs paid|during|the|year were:||||||||||||||||||
|Gross wages,
salaries||and allowances|||||||||||||||98,568|||96,787|
|Employer's
National
Insurance||||costs|||||||||||||8,774|||8,569|
|Pension costs|||||||||||||||||21,731|||21,562|
|Tote Istaff costs||||||||||||||||129,073||||126,918|
|Average number|ofstaff employed|||||during the year||||were:|||||||||||
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|12.Analysis ofcurrent ass|ets||||
|---|---|---|---|---|
||||2023|2022|
|Debtors and prepayments|||6|6|
|Pre paid stipends|||10,176||
|Assessments
due|||||
|Refund
Due|||228||
|Total debtors and prepayments|||12,746||
|Analysis ofcash at bank|||||
|Bank balance held
in|Lloyds TSB||12,457|21,897|
|Bank balance held
in|Central Finance Board||227,784|217,834|
|Total Cash and Bank|||240,241|239,731|
|13.Analysis ofcurrent liabilities|||||
|Assessments
received|in advance||39,146|32,440|
|Other Creditors||6|473||
|Total Current Liabilities|||39,619|32,440|
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|Unrestricted|Funds|Funds|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|Unrestricted||Opening||Income|Expenditure|Transfers|E|Gains/losses|Closing Balance|E|
|Fund Name||Balance
E||E|E|||on|||
|||||||||Investments|||
|General||1|532871|201442|239606|50|116|464|1545|287|
|Desi nated|||14616|||14616|||||
|CMTF|||65,984|110,532|1,837|(35,500)|||139,179||
|(Unrestricted)|||||||||||
|Tata|Is|1,613,471||311,974|241,443|||464|1,684,466||
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