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2021-08-31-accounts

Birmingham District No / Circuit No 05/09
Ministers Revd Roger Baker
Revd Joanna Thornton
Deacon Joy Sykes
Circuit Stewards David Gowdy
Kath Leckey
Albert Wright
Robert Share
Carole Share

Note Unrestricted funds
Circuit Model Endowment Total
General
Trust Fund
Funds Total 2020
f f f f f
Income from:
Assessments 187,772 187,772 175,004
Investments 303 492 795 2,284
Other 600 1,004 1,481
Total 188,479 1,092 189g571 178p769
Expenditure
on:
Stipends, salaries, NIC &Pension costs 103,704 103,704 113,534
District Assessment 35,628 35,628 33,500
Methodist
Church
Funds 2,768 2,768 2,903
Telephone
&travel
2,864 2,864 5,916
Insurance,
utilities,
etc 7,697 7,697 9,240
Maintenance
ofmanses
2,740 2,740 23,832
Other Expenditure 7,339 267 7,606 10,101
Grants and
Donations
Contributions
to District Advance
Fund 4,167 4,167 4,442
Total 162,740 4,434 167,174 203,468
Net income/(expenditure) 25,739 -3,342 22,397 -24,699
Gains/(Losses)
on
investment assets 652 1,459 2,111 -230
Net movement
in
funds 25,739 -2,690 1,459 24,508 -24,929
Reconciliation
offunds:
Total funds brought forward 617,720 133,336 9,064 760,120 785,049
Total funds carried forward 643,459 130,646 10,523 784,628 760,120

Unrestricted Circuit Model Endowment Total 2020
Trust Fund Funds
(Unrestricted)
f f f
Tangible Fixed Assets
Notes
Land 5 Buildings 507,927 507,927 507,927
Investments 4,202 10,523 14,725 12,614
Total fixed assets 507,927 4,202 10,523 522,652 520,541
Current Assets
Debtors and Prepayments
r
8,091 8,091 8,470
Other
Trustees for Methodist Church
Purposes deposits 126,444 126,444 129,786
Central Finance Board Deposits 165,638 165,638 143,626
Cash at Bank and in hand 1,416 1,416 2,950
Total current assets 175,145 126,444 301,589 284,832
Creditors and Accruals (due
within one year) 39,613 39,613 45,253
Net current assets (liabilities) 135,532 126,444 261976 239 579
Total assets less current
liabilities 643,459 130,646 10,523 784,628 760,120
Net assets 643,459 130,646 10,523 784,628 760,120
Funds ofthe Circuit
Unrestricted
funds
643,459 643,459 617,720
Circuit Model Trust Fund
(Unrestricted) 130,646 130,646 133,336
Endowment
funds
10,523 10,523 9,064
Total Funds 643,459 130,646 10,523 784,628 760,120

2021 2020
Analysis of investment
movements
Total
f
Total
.
f
Investments held
in common
investment funds 4,202 3,550
Changes
in
investment
values
Market value
Net gain/(loss
at beginning
of
on revaluation
year 3,550
652
3,614
-64
Market value at end ofyear 4202 3550