| Unrestricted | Funds | |||||||
|---|---|---|---|---|---|---|---|---|
| Model Trust | Restricted | Total | ||||||
| Notes | General Fund | Funds | funds | 2020-21 | 2019-20 | |||
| Donations and legaoes |
17,873 | E1,493 | E483 | E9,849 | E8,571 | |||
| Income f om monetary | investments | E151 | 17,910 | E8,061 | EII.571 | |||
| Income from Investment | property | |||||||
| Income from charitable | achvities | |||||||
| Contributions from churches |
E242,668 | E242,668 | E250290 | |||||
| Cap tel receipts | ||||||||
| Crants | ||||||||
| Other charitable activities |
||||||||
| Totalfrom charitable activities |
f230+92 | 89,403 | 6260+76 | f2707SBZ | ||||
| Othe charitable income |
E2,168 | E2,168 | EO | |||||
| Toto lcharitable income |
8252,860 | I9,403 | E262,746 | EZ70,432 | ||||
| Other income | ||||||||
| Total income and endawments | fZBZN80 | f9,603 | 6463 | 1262,746 | E270432 | |||
| Expenditure on charitable |
activities | |||||||
| Grants and donations | f73,473 | 173,473 | 558,731 | |||||
| Returned Contributions |
EO | EO | E46995 | |||||
| 5alaries and associated costs | E191,226 | 632 025 | E223,251 | El73304 | ||||
| Property | E16,326 | E16,326 | E24,528 | |||||
| Office expenses | E2,913 | E2,913 | E3210 | |||||
| District assess nt nd |
I | EBT,LTD | EC7,308 | E1144S! | E11S906 | |||
| Other outgoings | 10 | E19,900 | 12,910 | E199 | E23,009 | E26,467 | ||
| Total charitable expenditure |
8297,525 | E155,716 | 8199 | 645Z,141 | ||||
| Net inmme before investment | ||||||||
| gains/llassesl | -144,664 | -E146,313 | f284 | -E190,694 | -EIBI,709 | |||
| Net gams/jl oases) on monetary |
||||||||
| investments | 170,608 | E70608 | -Ell 516 | |||||
| Net gains/llosms) on p ope tydisposals |
||||||||
| /revaluations | 12 | EIO035 | ||||||
| Net incoming/(outgoing | l resources | |||||||
| before transfers | -844,664 | -f75,705 | 8284 | -E120,086 | -EI83,190 | |||
| Transfers between funds |
13 | f45,OCO | -E45 COD | |||||
| Reciassificat on offunds | ||||||||
| Other gains/i!osteal | ||||||||
| E336 | -EI20,705 | 1284 | .E120,0SB | .EI83,190 | ||||
| Total funds brought fonvard | E840,665 | I715,364 | EZ,446 | 62458475 | EI 741,885 | |||
| Less Future mstalments |
of grant | ED | ||||||
| Grant ms tel ments provisions |
released | |||||||
| E841,001 | 1594,639 | EZ,730 | E1,438,389 | EI,558,475 |
| Balance Sheet | as at 31August 2021 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gertera I Farad | Model Trust Funds | Restricted | Totals 2021 | Totals 2020 | |||||||
| (Unrestricted) | lUnrestricted) | Funds | |||||||||
| Tangible Bxed assets | 851 | E714,850 | E714,850 | f714,850 | |||||||
| Investment p operties |
EO | ||||||||||
| Investments (TMCP Managed |
Funds) | 852 | E428,919 | E356,311 | |||||||
| f714,850 | E428,919 | 60 | f1,143,769 | 41,073,161 | |||||||
| Debto sand Prepayments | 853 | E14141 | E50 | E14191 | E23 754 | ||||||
| Deposit Funds (TMCP) | E143,606 | E143,606 | E561,445 | ||||||||
| Central Finance |
Board Deposits | 665,657 | E65,657 | E135,504 | |||||||
| CashatBankand | In hand | D)8,168 | E22,083 | 62 | 730 | El | E13,117 | ||||
| E167,966 | E165,739 | E2,730 | 6336,435 | f533,820 | |||||||
| Creditors (due in |
unde | 1year) | 855 | E41,815 | EO | 641,815 | E48,506 | ||||
| Grants payabie | within 1 | year | |||||||||
| 441,815 | EO | E41,815 | f48,506 | ||||||||
| 5126,151 | 4165,739 | f2,730 | f294 620 | f485,314 | |||||||
| f841,001 | E594,658 | 52,730 | E1,558,475 | ||||||||
| E841,001 | E594,658 | E2,730 | f1,438,389 | E1,558,475 | |||||||
| Unrestrlctedr | |||||||||||
| General Fund |
E841,001 | E841,001 | E540,665 | ||||||||
| Mode(TrustFunds | E594659 | 5594,659 | E7t5364 | ||||||||
| Total Unrestricted | Funds | 5642,002 | E594,659 | EO | f1,435,659 | 41,536,IQ9 | |||||
| Restricted Funds |
E2,730 | E2,730 | E2,446 | ||||||||
| E841,001 | E594,659 | 52,730 | E1,438,389 | E1,558,475 |
| Salary | ||
|---|---|---|
| National | Insurance | Contributions |
| Pension | Fund contributions | |
| Total |
| Model Trust | Model Trust | Model Trust | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| General Fund |
funds | Total | 2020 | ||||||||||||||||
| District Expenses | F22372 | 12,000 | 614,372 | EI4,372 | |||||||||||||||
| Methodist | Church Fund |
154,788 | 564,588 | E67,240 | |||||||||||||||
| Connexional | levy on | Model Trust Fund | opening | balance | E35508 | 935,508 | E37,294 | ||||||||||||
| 667,160 | 647,308 | 6114,468 | 6118,906 | ||||||||||||||||
| Mo e | Trust | Designated | |||||||||||||||||
| General | Fund | funds | funds | Total | 2020 | ||||||||||||||
| Advertisiiig | EO | EO | El,'09 | ||||||||||||||||
| Independent | Examination fee |
5600 | |||||||||||||||||
| Dutsourced | finance support | E7,200 | E7,140 | ||||||||||||||||
| Learning & | development | 5234 | E1,483 | ||||||||||||||||
| Dffice costs | E3DD | ||||||||||||||||||
| Other | E2,619 | 61,471 | 64ZJBO | E4,725 | |||||||||||||||
| Bank Charges | F325 | 6325 | E703 | ||||||||||||||||
| Saturday Breakfast' expenses |
F199 | E1,031 | |||||||||||||||||
| Supernumerary | preachers | E8,347 | E8,347 | E7,482 | |||||||||||||||
| TMCP Admin | charges | EO | 11,439 | E1,439 | E1,495 | ||||||||||||||
| E19,900 | E2,910 | 5199 | 623,009 | EZ6,468 | |||||||||||||||
| Model Trust | |||||||||||||||||||
| funds | 2020 | ||||||||||||||||||
| TMCP Managed | Mixed Fund units - revaluation | (gain) | 555,352 | -E5,414 | |||||||||||||||
| TMCP Managed | Equity Fund units - revaluation | (gainl | 515,256 | -E6,102 | |||||||||||||||
| E70,608 | -E11,516 | ||||||||||||||||||
| General | Fund | 2020 | |||||||||||||||||
| Realised | net | ||||||||||||||||||
| CarrNng | sales | value | (Loss)/Gain | Goin | |||||||||||||||
| 10West Garth, | Cayton, YD113TJ | E10,035 | |||||||||||||||||
| EO | EO | E10,035 | |||||||||||||||||
| Carrying | value | Revafue | d | ||||||||||||||||
| b/f | (NRV) | Gain/(Loss) | 2020 | ||||||||||||||||
| 88 Coach Road, | YO22 SEQ | F159,700 | 5159,700 | ED | ED | ||||||||||||||
| 155Coldyhig | Lane, YD126SD | 5180,175 | E180,175 | EO | |||||||||||||||
| 59 Lady Edith's | Avenue, YD125RA | E180,175 | F180,17S | EO | ED | ||||||||||||||
| 1St.John's Avenue, YD14 9AZ | 6194,800 | F194,800 | EO | EO | |||||||||||||||
| E714,850 | Eylrb850 | EO | EO | ||||||||||||||||
| EO | E10,035 | ||||||||||||||||||
| Properties are | valued | at the net ofestimated | current sale value | less the Connexional | Pnority | Fund Levy | |||||||||||||
| (20SLon the | first 1100,000and 40%on | the | excess) and estimated | selling fees. | |||||||||||||||
| The revaluation | figures were last reviewed | in | 2018based on Estate Agent's advice and there | have been | no | major changes to market smce | |||||||||||||
| that time. | |||||||||||||||||||
| he transfer | between | funds represents | a transfer | from TMCP to | cover | the prolected | deficit for the year | ||||||||||||
| 2021 | 2020 | ||||||||||||||||||
| Net Realisable | Value | ofmenses, as shown | in | Note 12b(less properties | sold during the year) | E714,850 | E714,850 |
| Tangible Fixed Assets | Tangible Fixed Assets | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Costor valuation | ||||||||||||||||||
| Other feed | asset | Payments | on | |||||||||||||||
| Investmerrt | induding | motor | Fixtures, fittings | account | and assets | |||||||||||||
| (NR(r) | Menses etc | properties | vehicles | and equipment | underconstruction | Tote I | ||||||||||||
| Balance brought forward | Ey14,850 | E714,850 | ||||||||||||||||
| Additions | EO | |||||||||||||||||
| Revaluations(+/-) | EO | EO | ||||||||||||||||
| Disposals ( l |
EO | EO | ||||||||||||||||
| Transfers * (+/ ) | EO | |||||||||||||||||
| Balance carried forward | 6714,850 | EO | EO | EO | EO | 5714,850 | ||||||||||||
| Accumulated depreciation |
||||||||||||||||||
| *'Basis SLor | RB | Ster RB | SLor RB | SLor RB | SLor RB | |||||||||||||
| sv Rate | ||||||||||||||||||
| Balance brought forward | EO | |||||||||||||||||
| Depreoation charge for year |
(-) | EO | ||||||||||||||||
| Revaluations (+/-) |
EO | |||||||||||||||||
| Disposals (-) | EO | |||||||||||||||||
| transfers* (+/-) |
EO | |||||||||||||||||
| Balance carried forward | EO | EO | EO | EO | EO | EO | ||||||||||||
| Net book value | ||||||||||||||||||
| Broughtforward | E714,850 | EO | E714,850 | |||||||||||||||
| Carried forward | F714,850 | EO | E714,850 | |||||||||||||||
| Market | value at | |||||||||||||||||
| Investment assets: |
year end | |||||||||||||||||
| Investment properties |
EO | |||||||||||||||||
| Financial axtets | E428,919 | |||||||||||||||||
| Analysis ofinvestments | ||||||||||||||||||
| Investments listed on a recogmsed |
Stock Exchange or | held | in | common | investment | funds, | open ended mvestment | |||||||||||
| companies, unit trusts |
or other | collective investment schemes |
E428,919 | |||||||||||||||
| Secunties not fisted on | a recognised | 5tock | Exchange | |||||||||||||||
| Cash held as part ofthe investment | portfolio | |||||||||||||||||
| Otherinvestments | ||||||||||||||||||
| Total | 1428,919 | |||||||||||||||||
| Change in investment |
values | |||||||||||||||||
| Carrying (market) value |
at | begrnmng | ofyear | E358,311 | ||||||||||||||
| Add: additions to investments | at cost | |||||||||||||||||
| Less; disposa la at carrying | value | |||||||||||||||||
| Add/(deduct): netgain/(loss) |
on revaluation | E70,608 | ||||||||||||||||
| Carrying (market) value |
at | end | ofyear | E428,919 |