# # ## ## |||||| |---|---|---|---|---| |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
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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
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