2021-08-31-accounts - Chorley And Leyland Methodist Circuit

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CIRCUIT LOCAL	PREACHERS, WORSHIP LEADE	RS & CHURCH REPRESENTATI	RS & CHURCH REPRESENTATI	VES
Mrs M Abel	Mr K Ashton	Mrs A Baker (Resigned 13		Mrs	M Bennett
		May 21)
Mrs M Ribby	Mrs J Davenport	Miss M Dowling		Mrs	SDraper
Miss LDuckworth		Mrs F Eccles		Mr	D Frost
Mr A Edge	Mr J Fishwick	Mr SHardacre
Mrs P Gerrard		Mr G Horton		Mrs	M Harris
Mr T Harris	Mrs LHeston	Mr D Leach		Mrs	J Horton
Mrs C Hulse	Mr D Hulse	Mrs A Melling		Mr	D Kelsall
Mrs N Klunder	Mrs YLancaster	Mr C Naylor
Mrs H Molyneux	Rev A Mashiter	Mrs J Owen		Mrs	S Mercer
Mr F Robinson	Mrs R Moss	Mrs CTetlow		Mrs	L Naylor
Mr LShields	Mr 6 Noon	Mr W Stafford		Mrs	K Owen
Mrs YTaylor	Mrs CStafford	Mr G Thomas (Deceased)		Mrs	C Shapley
Mr J Whittle	Mr p Wright (Deceased)	Mr A Walmsley	(Resigned	Rev	R Stubbings
		31Aug 21)

						Unrestricted	Funds
				Note	General	Circuit Model		Designated	Restricted	&	Totelteae-	Total
				No.	Fund	Trust Fund		Funds	Endowment		21	2019-20
									Funds
Income and Endowments
Donations and legacies					654			1,500	1,000		3,154	288
Income from monetary investments					25	1,217		137			1,384	2,630
Income from investment properties					10,033						10,033	10,354
Assessments on Churches					345,463						345,463	345,738
Capital Receipts										0	0	171,921
Grants received								11,609	6,000		17,609	11,300
Other charitable activities					148					0	148
Total from Charitable Activities					356322	1,217		13,246	7,006		377,791	542,639
Other income					6,133						6,133	4,000
Total Income and Endowments					362,455	1,217		13,246	7„006		383,924	546,639
Expenditure
Grants and donations				9	1,117			1,381			2,498	2,057
Salaries and associated costs				10	213,291			33,787			247,078	274,585
Property					23,352			25,460			48,812	56,504
Connectional assessment					0			0			0	0
District Assessment & Levy				12	66,698	8,812		8,007			83,518	71,557
Depreciation					0						0	0
Office expenses				13	3,289		453	27			3,769	4,640
Other outgoings				14	3,245						3,253	7,068
Total Charitable Expenditure					310,993	9,265					388,927	416,411
Net incoming Resources /(Resources
Expended before Investment		Gains			51,462	(8,048)		(55,416)	6.998		(5,004)	130,228
/(Lnsses)
Gain/(loss) monetary mvestments				15		4,855					4,855	(378)
Gain/(loss) investment properties			&	16	146,383						146,383	390
manses
Reclassification of Funds				17							0	(171,921)
Net Income/(Expenditure)						(3,193)		(55,416)	6,998		146,234	(41,681)
Transfers between funds					(40,000)			40,000				(0)
Other gains/(losses)					0							0
Net Movement In Funds					157,845	(5,293)		(35826)	6,998		146,234	(41,681)
Total funds brought forward					1,504,599	217,749		92,026	4,479		1,818,852	1,860,533
add back Future Instalments		of Grants
Grant Instalment Provisions	Released
Total Funds Carried Forward					1,662,445	214,555		76,610	11,477		1,965,086	1,818,852
Check to balance Sheet					1,662,445	214Ass		76,610	11,477		1,965,086	1,818,652

				Unrestricted	Unrestricted	Funds
			Note	General	Circuit	Designated	Restricted &	Totals	Totals
			No.	Fund	Model	Funds	Endowment	2021	2020
					Trust		Funds
					Fund
Fixed Assets
Circuit Manses & Equipment			18	1,356,243				1,356,243	1,306,228
Investment properties			18	268,033				268,033	171,665
Investments			19		40,702			40,702	35,847
Total Fixed Assets				1,624,276	40,702			1,664,978	1,513,740
Curreilt Assets
Debtors			20	18,957				18,957	21,900
Loans by the Circuit			21	5,770				5,770	7,000
Investments with TMCP			19		173,854			173,854	181,901
Central Finance Board Deposits			22	17,527		73,744	4,289	95,560	138,132
Cash at Bank and in	hand		22	77,286		11,627	7,188	96,100	60,102
Total Current Assets				119,540	173,854	85372	11,4'77	390,241	409,036
Current liabilities
Creditors )due in under 1		year)	23	81,371		8,762		90,133	103,924
Grants payable within 1year
Total Current Lhbg	Ries			81,371		8,762			103.924
Net Current Assets/Uabllities				38,169	173,854	'76,610	12877	300,109	305,112
Total Assets less Current		Liabilities		1,662,445	214,555	76,610	11,477	1,965,086	1,81S,852
Long term liabilities	(due	after
more than one year)
Grants payable after 1year
Loans to the Circuit
Net Assets				1,662,445	214,555	76,610	11,477	1,965,0S6	1,S18,852
Funds ofthe Circuit
General Fund			24a/26	1,662,445				1,662,445	1,504,599
Circuit Model Trust	Fund		24b/26		214,555			214,555	217,749
Designated Funds			24c/26			76,610		76,610	92,026
Total Unrestrkted	Funds							1,953,61D	sdt24,374
Restricted & Endowment		Funds	25/26				11,477	12r477	4,478
TotalFunds				1,662,445	214,555	76,610	11,477	1,965,086	1,818,852

			General	Circuit	Designated	Restricted	Total	Total
			Fund	Model	Funcls	&	2020-21	2019-20
				Trust		Endowment
				Fund		Funds
Christmas	Books for
schools			654				654
Digital Enabler		Fund				1,000	1,000
Other					1,500		1,500	288
Total			654		1,500	1,000	3,154

payab	le		quarterly in	advance.
				General	Fund
				2020-21	2019-20
Adlington				7,600	7,600
Chorley	Methodist			55,485	55,083
Eccleston				21,364	21,364
Euxton				33,090	32,280
Heskin				6,395	8,526
Hillside				55,680	55,740
Leyland	Methodist			96,944	96,944
Midge	Hall			28,844	28,140
spendmore			Lane	21,506	21,506
Whittle				12,691	12,691
Withnell		Fold		5,864	5,864
Total				345,463	345,738
~ri		I	6

		General	Circuit	Designated	Restricted	Total	Total
		Fund	Madel	Fullds	&	2020-21	2019-20
			Trust		Endowment
			Fund		Funds
Women's	Network						226
Messy Church		148				148	183
Tata I		148					409

		Agreed This Year	Agreed This Year	Agreed This Year		Agreed	Previous	Year		Tatal
From General Funds		Agreed	Paid This Year	Carried Forward		Unpaid b/f	Paid This Year	Carried Farward		Paid This Year
StJohns School, Brinscall		1,117	(1,117)							(1,117)
			0							0
Total		1,117	(1,117)							(1,117)
From Designated	Funds	Agreed	Paid This Year	Carried Forward		Unpaid b/f	Reversed This Year	Carried Forward		Paid This Year
Contactless Giving										0
Other		1,381	(1,381)							(1,381)
Total		1,381	(1,381)							(1,381)
Overall Total		2,498	(2,498l		0	0	0		0	(2,498)

ends we	re	paid t	o 6 Presbyte	rs &Deacons (5	.5fte), (201	9-20(6.5fte)	).
				Full Time	Part Time	General	Designated	2021	2020
Stipends				136,513	13,094	149,607		149,607	166,496
National	Insurance			11,354	524	11,877		11877	14765
Pensions				31,469	3,147	34,616		34,616	43,454
Total Employment			Costs	179,336	16,765	196,100		196,100	224,715
Telephone		&Internet		2,916	286	3,202		3,202	3,362
Travelling				4,255	150	4,405		4,405	10,307
Removal	&	Relocation					3,360	3,360	3,060
Total				186,507	17,201	203,708	3,360	207,068	241,444

				Part Time	General	Designated	2021	2020
Salary				8,895	8,895	26,037	34,932	32,475
National	Insurance			19	19	2,377	2,397
Pensions				537	537	1,364	1,901
Total Employment			Costs	9,451	9,451	29,779	39,230	32,475
Telephone		&Internet		51	51	532	583	666
Travelling				81	81	115	197
Total				9,584	9,584	30,427	40,010	33,141

			Full Time	pan	General	Designated	2021	2020
				Time
Stipends, Costs	salaries	&Associated	186,507	26,784	213,291	33,787	247,078	274,585

General Fund
Manse		Council	Insurance	Repairs,	Maintenance	Water	Other	Total	Total
		Tax		Maint &	Contracts			2020-21	2019-20
				Improv
Canberra Road		1,721	454	588	85	465		3,314	3,724
Little Close		2,400	388	540		545		3,872	6,091
Millfield Road		2,769	577	30	42	384		3,802	4,370
Royal Avenue								0
Warton Place		107	427	34	635	39	1,260	2,501	7,773
Windsor Drive		1,530	418	1,148	75	670		3,841	12,620
Total General Funds		8,527	2,263	2,341	837	2,103	1,260	17,331	34,579
Designated Funds
Windsor Drive				3,810				3,810	14,114
Warton Place				21,650				21,650
Total Designated	Funds			25,460				25,460	14,114
Total - Manses		8,527	2,263	27,801	837	2,103	1,260	42,791	48,693

				General	Fund	Designated	Funds
	Desuiption			2020-21	2019-20	2020-21	2019-20
Investment		Properties		5,171	6,066
Church	Quinquennial		Reports	850	1,155
Office set		Up & Runnmg
Costs					590
Total				6,021	7,811

c) Total Expend	iture on Property
	General	Fund	Designated	Funds	TotalFunds
	2020-21	2019-20	2020-21	2019-20	2020-21	2019-20
Manses	17,331	34,579	25,460	14,114	42,791	48,693
Other Property	6,021	7,811			6,021	7,811
Total	23,352	42,390	25,460	14,114	48,812	56,504

count ba	lance a	s at 31Au	gust in the prev	ious accou	nting year.
			General	Circuit	oesisnated	Restricted	Total	Total
			Furrrl	Model	Funds	&	2020-21	2019-20
				Tflist		Endowment
				Fund		Funrls
Distnct Expenses			7,259		871		8,130	6,007
Methodist	Church	Fund	59,439		7,136		66,575	64,188
Levy -Circuit Model Trust Funds				8,812			8,812	1,361
Total			66,698	8,812	8,007		83,518	71,557

			General	Circuit	Designated	Restricted	Total	Total
			Fund	Model	Funds	&	2020-21	2019-20
				Trust		Endowment
				Fund		Funds
Payroll Admin charge			480				480	480
Computer Levy -	Ministers		1,014				1,014	1,155
TMCP Investment Fees	Management			453			453	109
Printer Cartridges			685				685	827
Conference Minutes		&CPD	531				531	237
Office Equipment			140				140	213 351
photocopyins
Circuit Vyebsite			249				249	249
Telephone/Broadband								479
Other Admin Costs			191		27		218	541
Total				453	27		3,769	4,640

e ~Oh 0
					General	Circuit	Designated	Restricted	Total	Total
					Fund	Model	Funds	8	2020-21	2019-
						Trust		Endowment		20
						Fund		Funds
Mission, Preaching			a Worship
Supernumery	Preacher
Expenses					187				187	651
Preaching Plan/Newsshare										185
Messy Church	-	Buckshaw								288
Resources					1,793				1,793	1,241
Other Expenditure
Training Courses			ik Events							441
Apprenticeship		Levy			1,003				1,003	918
Staff Retreat/CLT			Away	Day						2,173
Professional Fees										546
Other					262				270	625
Total					3,245				3,253	7,068

		General	Circuit	Designated	Restricted	Total	Total
		Fund	Model	Funds	8	2020-21	2019-
			Trust		Endowment		20
			Fund		Funds
CFBCorporate	Bond		(93)			(93)	105
CFB Managed	Mixed Fund		4,952			4,952	(484)
CF8 Managed	Fixed Interest
Fund			(4)			(4)
Total			4,855			4,855	(378)

a) C	ost or	Valuation
			Investment	Land		Buildings	Fixtures,	Assets under	Total
			Properties				Fittings and	Construction
							etlulpment
Balance	brought	forward	171,665			1,306,228			1,306,228
Additions	in the	year
Revaluations			96,368			50,015			50,015
less Disposa Is in		the year
Transfers	between Categories
	Total		268,033		0	1,356,243		0	1,356,243

Balance brought forward	Balance brought forward
Depreciation	charge for the year
Impairment	provisions
Revaluations
Disposals
Transfers
	Total

Investment Fund	Detags	Detags	Trust Fund	- Details	- Details
		Name	Number	Number		Closing	CMTF-	Total	2020
				ofUnits		Price - Es	Trust	2021
							9540
CFB Managed	Mixed	Fund	2C100		5,698	5.498	31,328	31,926	26,974
CFB Managed	Fixed	lnt. Fund	2C122		92	2.141	197	196	200
CFBCorporate	Bond		2C128		5,825	1.482	8,633	8,580	8,673
Trustees Interest Fund			2C110		n/a				0
Total Investments							40,157	40,702	35,847
Trustees Interest	Fund		2C110		n/a		173,854	173,854	181,901
Total							214,011	214,555	217,749
0) Debtors &	Pre	8 ments
ll items shown as Debtors as at 31August 2020 were received					during the current financial year. All sums				paid in
dvance at 31August		2020 have been released	in 2020-21, with the exception ofa				deposit payment of6250 in
espect of a CLT	Retreat. This event was cancelled at the last minute					and the funds	are being held by the		provider
on account' for	a future event. It is expected		that at all other		sums paid in advance at 31August 2021will be
eleased in 2021-22
			General	Circuit		Designated	Restricted	Total	2020
			Fund	Model		Funds	&	2021
				TI'ust			Endowment
				Fund			Funds
Trade Debtors
Other			133					133
Total Debtors			133					133
Prepayments
Stipends, Pension &		Nl	15,113					15,113	19,223
Property Insurance			1,374					1,374	1,662
Counol Tax &Water		Charges	937					937	361
CLT Retreat			818					818	250
Other			583					583	403
Total Prepayments			18,824					18,824	21,900

e agreed term.	e agreed term.
Church		oats	Amount	Period	Balance	Granted	Repaid	Balance
		Granted			b/f	This Year	This Year	c/f
Leyland Methodist	Church	06/05/20	7,000	1Year	7,000		(7,000)
Leyland Methodist	Church	15/08/21	5,770	1Year		5,770		5,770
				Total		5,770	(7,000)	5,770

	General	Circuit	Designated	Restricted	Total	2020
	Fund	Model	Funds	&	2020-21
		Trust		Endowment
		Fund		Funds
Central Finance Board	17,527		73,744	4,289	95 560	138132
Co-op Bank	77,284		11,627	6,682	95,593	59,587
Royal Bank of Scotland				506	507	515
Total	94,813		85,371	11,477	191,660	198,234

			Balance at	Income	Expenditure	Transfers	Gains/	Balance
			1sep 2020				Losses	at 31Aug 2021
General			1,504,599	362,455	(310,993l	(40,000)	146,383	1,662,445
Circuit Model Trust			217,749	1,217	(9,265)	0	4,855	214,555
Total Unrestricted	& Undesignated		1,722,348	363,672	(320,258)	(40,000)	151,238	1,877,000
Manse Major Repair/Improvement			9,886		(25,460)	30,621		15,047
Presbyters Ik Deacons Removal			1,621		(3,360)	3,379		1,640
Pioneer Mimstry			74,499	11,746	(38,461)			47,784
Contactless Giving					(1,381)	6,000		4,619
Training lk Development		Fund			0	6,020		6,020
Other Designated			6,020	1,500		(6,020)		1,500
Total Designated			92,026	13,246	(68,662)			76,610
Digital Enabler				6,000				6,000
Buckshaw Rickshaw	Project			1,000	0			1,000
Local Preachers			2,880		0			2,883
StJohns School			1,571		0			1,573
Network			28		(8)			20
Total Restricted			4,479	7,006	(8)			11,477
Total ofAB Funds			1,818,852	383,924	(388,927)	0	151,238	1,965,086

		General	Circuit	Designated	Restricted	Total	2020
		Fund	Model	Funds	&	2020-21
			Trust		Endowment
			Fund		Funds
Tangible	Fixed Assets	1,356,243		0	0	1,356,243	1,306,228
Fixed Asset investments		268,033		0	0	268,033	171,665
Investments			40,702	0		40,702	35,847
Current	Assets	119,540	173,854	85,371	11,477	390,241	409,036
Current	Liabilities	(81,371)		(8,762)		(90,133)	(103,924)
Creditors	Due After One Year					0	0
Total Fund Value		1,662,445	214,555	76,610	11,477	1,965,086	1,818,852

)
				Receipts	Payments	Balance
						due (from)
						/ to Circuit
						-31AUB
						21
Mission	in Britain		Fund	1,405	(1,405)	0
Property	Fund			970	(970)	0
World Mission Fund				200	(200)	0
Presbyters and		Deacons Fund		545	(545)	0
Training	Fund			577	(577)	0
iMA				1,400	(1,400)	0
District Training		Fund		386	(386)	0
Harvest	Appeal		- All We Can	520	(520)	0
Easter Concert		- All We Can		1075	-1075	0
Total				7,078	(7,078)