| PIpmouth | & Exeter District | oistrict No | / circuit No | 24/03 |
| Ministers | Rev S.Santry | |||
| At any time during | Rev J Albrow | |||
| the year. | Rev P A Collings | |||
| Rev W.Grewcock | ||||
| Rev BJ Hadfteld | ||||
| Rev B.Haslam | ||||
| Deacon R.Lovatt | ||||
| Rev A Richardson | ||||
| Rev S Han (AM) |
| are exempted fro |
are exempted fro |
m registration | as separate ch | arities under Statuto |
ry Instrument 2 |
014 No |
|---|---|---|---|---|---|---|
| Axminster | Cheriton | Fitzpaine | Dalwood | |||
| Exminster | Exmouth | Farway | ||||
| Honiton | Ottery St | Mary | Tedburn | St Mary | ||
| Temple, | Budleigh | Salterton | Topsham | Seato n | ||
| Sidmouth | Sidwell Street, Exeter | Silverton | ||||
| Wonford, | Exeter |
| OFFICIALS ( | OFFICIALS ( | OFFICIALS ( | during the whole | or any part ofthe y | ear) | |||
|---|---|---|---|---|---|---|---|---|
| Superintendent | Minister: | Revd. Julian Albrow, | ||||||
| 21Dunsford Road, Exeter, EX4 |
1LG | |||||||
| Ministers; | ||||||||
| Revd. Paul A Collings B.Th. |
||||||||
| 20 Ferndale Road, Exeter, EX29BW |
||||||||
| Revd. Wayne Grewcock | ||||||||
| 1Pebble Lane, Budleigh | Salterton, | EX9 6NN | ||||||
| Revd. Brian Hadfield | ||||||||
| 10Victoria Road, Sidmouth, EX108TZ |
||||||||
| Decn Becky L Lovatt | ||||||||
| 1Constantine Close, Seaton, EX12 |
2XU | |||||||
| Revd. Ben Haslam | ||||||||
| 20 Whipton Lane, Exeter, EX13DS |
||||||||
| Revd. Alison Ric'hardson | ||||||||
| 1Chapel Downs Road, | Crediton, | EX172EB | ||||||
| Revd. Stephen Santry |
||||||||
| 7 Hayne Close, Exeter, | EX48QU | |||||||
| Revd. Sungil H an (AM) |
||||||||
| 29Thursby Walk, Pinhoe, Exeter, |
EX4 BFD | |||||||
| Assistant | to | Circuit Superintendent: | Mrs Kerryann Gill |
|||||
| Circuit Office, The Mint | Methodist | Church, | ||||||
| Fore Street, Exeter, EX43AT | ||||||||
| Circuit Steward | (Finance): | Mr Kenneth Rothwell |
||||||
| 36 Cottington Court, Sidmouth, |
Devon EX10BHD | |||||||
| Bankers: | Lloyds TSBBank pic | |||||||
| StThomas, Exeter, | ||||||||
| Independent | Examiner: | Mr I J McMurtry F.C.A. |
||||||
| Thomas Westcott | ||||||||
| Timberly, South Street, |
Axminster, | EX13SAD | ||||||
| Custodian | Trustee: | Trustees for Methodist | Church | Purposes | ||||
| Central Buildings, Oldham Street, |
||||||||
| Manchester M11JQ |
| Statem | e | nt | ofFinanc | ial | Act | ivities (SO | FA | ) - for t | he year e | nded 31 | Au ust 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| N | |||||||||||||
| sl | 'o Ill |
oo | o u |
||||||||||
| V | V | V | ss | ||||||||||
| w a |
u oUU |
aD W'oo |
U | 4I | III | 0 'I 'o c o |
Total 2021 22 | Total 2020-21 | |||||
| 6 | f | ||||||||||||
| Income and Endowntents | fi | pm. | |||||||||||
| Donations and legacies |
2,060 | 2,060 | 10,000 | ||||||||||
| Charitable activities |
|||||||||||||
| Assessments or share |
427,244 | 427,244 | 436432 | ||||||||||
| Other linc Property Disposal proceeds) |
1,631 | 1,631 | 11,188 | ||||||||||
| Other trading actiwties |
|||||||||||||
| - l.ettings | 31,482 | 31,482 | 30,400 | ||||||||||
| —Miscellaneous | 985 | 985 | 1,629 | ||||||||||
| Investments | 2,264 | 1,362 | 3,626 | 4,210 | |||||||||
| Other —inc grants received |
30,825 | 30,825 | 22,865 | ||||||||||
| Total | 496,491 | 1,362 | 497,853 | 516,724 | |||||||||
| Expenditure on'. |
|||||||||||||
| etting expenses | |||||||||||||
| C an a eactvities |
|||||||||||||
| stipends, salanes, NIC & Pension |
costs | 10 | 296,769 | 296,769 | 283,022 | ||||||||
| Distnct Assessment | 96,440 | 96,440 | 106,246 | ||||||||||
| Connexional Property Fund |
Levy | ||||||||||||
| Telephone, travel and office |
expenses | 20,644 | 20,644 | 14,981 | |||||||||
| Insurance, utilities, etc |
30,206 | 30,206 | 28,451 | ||||||||||
| Maintenance on mantes |
16,218 | 16,218 | . | 30,332 | |||||||||
| Expenditure on other Circuit |
property | ||||||||||||
| Other Expenditure | 22,634 | 1,153 | 23,787 | 15,417 | |||||||||
| Grants and Donations |
21,350 | 31,597 | 52,947 | 67,155 | |||||||||
| Contributions to District Advance |
Fund | 21,368 | 21,368 | 22,072 | |||||||||
| Total | 509,821 | 54,118 | 563,939 | 575,604 | |||||||||
| Net income/(expenditure) | ( 13,330) | ( 52,756) | ( 66,086) | (58,880) | |||||||||
| Transfers between funds |
31,376 | ( 31,376) | |||||||||||
| Tranfers re designated grants |
|||||||||||||
| 18,046 | ( | 84,132) | (66,086) | ( 58,880) | |||||||||
| Other recognised gains / (losses)i | |||||||||||||
| Gains/(Losses) on revaluation |
of | fixed assets | 795,000 | 795,000 | 440,000 | ||||||||
| Gains/(Losses) on investment |
assets | ( 10,865) | (10,865) | 16,987 | |||||||||
| Closing balance paid to Anglican |
Church | ||||||||||||
| Net movement in funds |
802,181 | ( | 84,132) | 718,049 | 398,107 | ||||||||
| Correction to funds brought | forward | (8) | (8) | 3,679 | |||||||||
| Total funds brought forward |
3,033,S54 | 401,568 | 10,000 | 3,445,422 | 3,043,636 | ||||||||
| Total funds carried forward | 3,836,027 | 317,436 | 10,000 | 4,163,463 | 3,445,422 |
| Opening | Receipts | Payments | Net Receipts/ | Adjustments | Closing | |||
|---|---|---|---|---|---|---|---|---|
| Internal | organisations | balance | Payments | balances | ||||
| Tota | I |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Cash flows from operating | activities | Appcndis | S | l136,100) | (20,997) |
| Cash flows from investing | activities | ||||
| Interest income | 1,332 | 1,631 | |||
| Dividend income |
2,294 | 2,579 | |||
| Proceeds from the sale of | property | ||||
| Total cash flows from investing activities |
3,626 | 4,210 | |||
| Cash flows from financing | activities | ||||
| Total cash flows from financing activities |
|||||
| Change in cash and cash equivalents |
|||||
| Cash and cash equivalents | at start ofthe year | 876,748 | 899,535 | ||
| Cash and cash equivalents | at the end ofthe year | 744,274 | 876,748 |
| llpaendo l | ||||
|---|---|---|---|---|
| Net movement in funds for the year |
718,049 | 398,107 | ||
| Adjusted for: | ||||
| (Increase)/ Decrease | in debtors | (51,069) | (5,041) | |
| Increase/ (Decrease) |
in creditors | (4,446) | 20,468 | |
| Interest and dividend | income | (3,626) | (4,210) | |
| Revaluation of investment property |
(795,000l | (440,000) | ||
| proceeds from the sale of property | ||||
| Correction to bought | forward reserves |
(8) | 3,679 | |
| Total cash generated | from operating | activities | (136,100) | (26,997) |
| Circuit Model | Restricted | & | |||||||
|---|---|---|---|---|---|---|---|---|---|
| 4.Donations | and legacies | Unrestricted | Trust Fund | Endowed | 2022 | 2021 | |||
| f | f | f | f | f | |||||
| Donations | 2,060 | 2,060 | 10,000 | ||||||
| Legacies | |||||||||
| Total | 2,060 | 2,060 | 10,000 | ||||||
| 5.Charitable other |
activities- | Unrestncted | Circuit Model Trust Fund |
Restricted Endowed |
& | 2022 | 2021 | ||
| f | f | f | f | ||||||
| Re Church | closures | 1631 | 1,631 | ||||||
| Property | disposals | 11,188 | |||||||
| Charitable | activities | - Other 3 | |||||||
| Total | 1,631 | 1,631 | 11,188 | ||||||
| 6.Other trading activities | Unrestricted | Circuit Model Trust Fund |
Restricted Endowed |
& | 2022 | 2021 | |||
| f | f | f | f | f | |||||
| Lettings | 31,482 | 31I482 | 30,400 | ||||||
| Miscellaneous | 206 | 206 | 265 | ||||||
| Feed in tariff | 779 | 779 | 1,364 | ||||||
| Total | 32,467 | 32,467 | 32,029 | ||||||
| 7.Investment | income | Unrestricted | Circuit Model Trust Fund |
Restricted Endowed |
& | 2022 | 2021 | ||
| f | f | f | f | ||||||
| Central Finance Board |
2,264 | 2,264 | 2,853 | ||||||
| Other | 1,362 | 1,362 | 1,357 | ||||||
| Total | 2,264 | 1,362 | 3,626 | 4,210 |
| party transaction n |
ote (note 20). | ote (note 20). | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Number oftrustees | who were paid | expenses | |||||||||||
| Nature ofthc expenses | |||||||||||||
| Expense payments | primarily | relate | to | reimbursement | for travel, preaching | fees | and computing | costs | |||||
| Total amount paid |
14,496 | 8,172 | |||||||||||
| 9.Fees for examination | or audit ofthe | accounts | |||||||||||
| Independent examiner's or |
auditors' | fees for reporting | on the acco'unts | ||||||||||
| 1,200 | 1,452 | ||||||||||||
| Other fees (eg: advice, accountancy | services) paid to the independent | examiner | or auditor | ||||||||||
| 942 | |||||||||||||
| 10.Paid employees (excluding |
Ministers) | ||||||||||||
| Staff Costs paid during the | year were: | ||||||||||||
| Gross wages, salaries and benefits |
in | kind | |||||||||||
| 31,314 | 26,121 | ||||||||||||
| Employer's National |
Insurance costs |
||||||||||||
| 751 | 606 | ||||||||||||
| Pension costs | |||||||||||||
| Total staff costs | |||||||||||||
| 32,065 | 26,727 | ||||||||||||
| Average number of | staff employeed | during the year | were: |
| 11,Support costs | |||||||
|---|---|---|---|---|---|---|---|
| Included within unrestricted other expenses are the following |
support costs | ||||||
| Governance costs |
(accountancy and examination) |
2,142 | 1650 | ||||
| Governance costs |
(circuit treasurer) | 3,900 | 3900 | ||||
| Governance costs |
bookkeeping) | 711 | |||||
| 12.Grants payable | |||||||
| Grants paid during | the year can be broken | down as follows: | |||||
| 2022 | 2021 | ||||||
| cxrants aidin the |
ear to insti utions | ||||||
| Exmouth Church |
15,097 | ||||||
| StThomas Church | 16,500 | ||||||
| Sidmouth Church |
14,350 | 10,000 | |||||
| EDBF(re University) | 5,000 | ||||||
| Aggregate of non material grants paid |
in the year | 2,000 | 16,600 | ||||
| Grants aid in the |
ear to individuals | ||||||
| Aggregate of grants |
paid in the year to individuals | 13,405 | |||||
| Grants committed | and accrued for in the | year | 34,100 | ||||
| Release ofaccrued | grants | -6,950 | |||||
| Total grants payable |
per accounts | 52,947 | 67,155 |
| General and |
Circuit Model | Other Funds | Endowment | Totals this | Totals last | ||||
|---|---|---|---|---|---|---|---|---|---|
| Designated | Trust Fund | (Restricted) | Funds | year | year | ||||
| Funds | (Unrestricted) | ||||||||
| (Unrestricted) | |||||||||
| 2 | |||||||||
| 14.Debtors and Pre | a | ments | |||||||
| Assessments in arrears |
|||||||||
| Deposits held |
253 | 253 | 253 | ||||||
| Insurance prepayment |
|||||||||
| Sti ends paid in advance |
22,915 | 22,915 | 21,836 | ||||||
| Grants /Loans | 32,000 | 32,000 | 865 | ||||||
| Other prepayments | 24,555 | 24,555 | 5,700 | ||||||
| Total debtors &prepayments |
79,723 | 79,723 | 28,654 | ||||||
| 15.Bank balances | |||||||||
| CFB - Stewards Reserve |
Account | 213,405 | 213,405 | 240,564 | |||||
| TMCP - FCWC | 2,820 | 2,820 | 2,821 | ||||||
| TMCP - Circuit Model | Trust Fund | 317,436 | 317.436 | 401,568 | |||||
| CFB - Development Fund |
114,197 | 10,000 | 124,197 | 140,669 | |||||
| Manse Maintenance | Fund | 10,849 | 10,849 | 1,568 | |||||
| CFB —Mission Fund |
|||||||||
| TMCP - Cheriton Cross |
House | 2,000 | 2,000 | 2,000 | |||||
| TMCP - Lovell | 5,435 | 5,435 | 5,440 | ||||||
| CFB - Ware Hawking | 699 | 699 | 6,762 | ||||||
| TMCP - Ware Hawking | 51,811 | 51,811 | 61,994 | ||||||
| Lloyds Current Account/Cash | 15,522 | 15,522 | 13,270 | ||||||
| Cash in Hand |
100 | 100 | 92 | ||||||
| Total bank balances | 416,838 | 317,436 | 10,000 | 744,274 | 876,748 | ||||
| 16.Creditors and Accruals | |||||||||
| Assessments received |
in advance | ||||||||
| Examination fee |
1 500 | 1,500 | 1 500 | ||||||
| Preaching fees |
1,384 | 1,384 | 437 | ||||||
| Telephone & travel |
2,104 | 2,104 | 525 | ||||||
| Letting Income |
559 | 559 | |||||||
| Pa roll liabilities etc | (562) | (562) | 248 | ||||||
| Manse Maintenance Accrual |
|||||||||
| Other items inc Eukids |
Charity) | 450 | 450 | 171 | |||||
| Council Tax | |||||||||
| Grants creditors | |||||||||
| Cranbrook | |||||||||
| Deacon | |||||||||
| University Chaplaincy |
|||||||||
| Grants committed within |
1 year | 12000 | 12000 | 12,000 | |||||
| Grants committed after |
1 | year | 21 000 | 21,000 | 28 000 | ||||
| Total creditors &accrua/s |
38,435 | 38,435 | 42,881 |
| «I | |||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| '0c to |
0 00. I1 V |
'0 C Ol |
Uat0 0. aa C Qt Jl |
'Ol0 10 |
4l 0 CL K V |
'00 tU |
V Ol QL ba C Jl |
||||||||||||||||||||||||||
| 0 Ol 0a D. |
V 1l0 Ql |
0 IU 0a 0 D. |
0 tU Ql |
0 Ql 011 O. |
V 0 4 |
0 Ol 0 U. |
0 to tU |
Yl 0 o N IU |
o 0! 00 Ul |
o IJ1 O Di |
«1o | f«c' tfl 'af M |
|||||||||||||||||||||
| 0 1l Ol Ot L0 |
ta Ql VC |
V l E |
LJ 0 D |
0 0 III I 0 |
Ql Ql V |
V E 0 |
c v 00 |
'0 tU IL' |
o Cl Cl Cl |
o Cl CI |
|||||||||||||||||||||||
| Ll | ul | ||||||||||||||||||||||||||||||||
| alUCla lb |
Ct M |
M m |
m | QlV0 ta Ol Ill |
oooo | oooo | tUV0 tll ta ID |
mm CI m |
o | N IA m |
IU 00 tll ID |
oooo | oCo | D0 I |
|||||||||||||||||||
| tc C |
ba C |
ba0 | L | ||||||||||||||||||||||||||||||
| Ul0 V |
0 V |
0tJ | 0 V |
||||||||||||||||||||||||||||||
| 0 Ol |
C0 | C | 0at | 'D | o 0! |
m OQ |
ooo | c | |||||||||||||||||||||||||
| E '0 «( |
E D «( |
E «( |
E 0 «4 |
Nal | ui | ul CI Ifl |
|||||||||||||||||||||||||||
| W 0 «I |
m fa |
\D fm m |
ta al |
4t C tll |
N Ql 0 al |
ta0 IU IUo IU |
O m I m m |
Di «0 N oo |
Qlo | M | |||||||||||||||||||||||
| N0 | ui M |
0 | C | 1lC | ID C |
o IDo |
|||||||||||||||||||||||||||
| tabo 4l |
N IU 0 |
Io | ofaa 10 Ql |
faba '0 4l |
Olal | 0 | «1 | ||||||||||||||||||||||||||
| I Ol 0 |
a! Ql 0 |
fa Ol 0 |
0 Ol C |
0 | |||||||||||||||||||||||||||||
| al 000tl. X Iu |
ao | Di m Di m ID ul |
al 0 0 Ql IL X W |
4l 'D00Cl X IV |
IflC m |
IU 00 Ql X UJ |
IU 0 V |
'00 ac |
m tc |
ID m M |
|||||||||||||||||||||||
| N 0 4I |
E0 C |
ID m |
Ol E0Vc |
Ql E V0 0 |
Di«' | d ul |
ID C! Ifl |
4 E IJ0 0 |
Qlooo | oo O |
0 fa to |
'0t 4l0 |
O Di m |
ID ui ID Di c |
ooo | Ci m QD m |
|||||||||||||||||
| E | Qt | ||||||||||||||||||||||||||||||||
| D0 E Ol0 4 |
Oa C tola P |
U fa0 Ol tc |
Oo m Cl m |
NN m m |
ba0 C ~I41p |
Cl Ci Cl CI |
Cl CI Co |
bo0 0 al0. P |
UL ftl fa ID |
IDo | mc' C N |
C0 Ql |
Dc C Ql 4l3 |
1l0 0 IU |
|||||||||||||||||||
| '0 | N | to | Ol3 | ||||||||||||||||||||||||||||||
| C 0 4C ta 1l l 0o ta |
\1t« 0 ~I L |
4l E 4Z 'D0 'Dt Co |
4 QlL tlt QD |
0 lt al'00 'V |
0 | NNo tU '8 IL 'Dt 4l IL' |
1l Ql U Qt IL |
IUo 4« '80 10t 0p |
Z'00 '0 0o |
c 00 Ql ID |
QlL IU1l0 V V |
0 | c ll IU |
Ql | 0 | al L4 Ql 0 L0 fa ~l to |
4t JQ Ul at c Ql0 0 fa |
Ql IU 4lX V |
0 '0 Jl0 c Ql 0 V |
Ql JD fll 0 U 0 0 Z |