##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||Note|General Fund|Circuit iaadal|||||
|---|---|---|---|---|---|---|---|---|---|
|||||(Unmatrictad)|Trust Fund|Restricted|Endowment|Totals this|Totals|
||||||(Unrestricted)
f|Funds
2|Fundsf|yearf|2022f|
|Income and endowments||||||||||
|Assessment
or share||||441 840||||441 840|449,298|
|Capital receipts|||||327,233|||327735|342548|
|Interest and Investment||Income||18,144|19,237||94|37475|5095|
|Grants||||17686||||17686||
|Lattings||||17084||||17084|14976|
|Other Income||||24 890||||24890|29066|
|Total income||||520,146|348,470||94|866710|845,625|
|Ex
nditum||||||||||
|E
nditure
on charitable||activities||||||||
|Stipands, salaries,|NIC &|||||||||
|Pension costs||||444,005||||444,005|419300|
|District assessment||||106,240||||106240|108,596|
|Admin, Telephone|&Travel|||42207|1 192|||43405|37474|
|Insurance,
Utilities|etc|||33952||||33952|32907|
|Maintenance
on lillanses||||27248||||27248|41417|
|Expenditure
on other Circuit||||||||||
|property||||10,265||||10265|12,267|
|Other expenditure||||21,289|||85|21374|8245|
|Grants and Donations|||10|27074|82,166|||10926D|78263|
|Contribution
to District Advance||||||||||
|Fund|||||22616|||22616|16743|
|Governance
costs||||5700||||700|5340|
|Total E
nditure||||717980|105994|||824 068|TS8SS2|
|Net Incomel
ex|diture|||197834|240476|||42 842|87 073|
|Transfers
between|funds|||253688|253 688|||||
|Property
value movement|||131417|315000||||315000|254 000|
|Gains 8 losses on|investments|||||||||
|(Unrealised)||||5597|(287||135|6,019)|10252|
|Net Movement
in|funds|||365257|13499||135|351623|330821|
|Reconciliation
of|Funds|||||||||
|Total funds brought|forward|||3718288|418 216||3178|4 139682|38D8861|
|Total funds carried forward||||||||||
|at end of ear||||4,083545|404.717||3043|491305|4139682|
##
|||||General Fund|Circuit Model|Circuit Model|||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||(Unrestrtcted)|Trust Fund||Restricted|Endowment||Totals|
||||||(Unrestricted)||Funds|Funds||2022|
||||||8|||8||8|
|income and endowments|||||||||||
|Assessment
or share||||449,298||||||449,298|
|Capital receipts||||6,374|336,174|||||342548|
|Interest and Investment||Income||2,834||2,179|||82|5,095|
|Grants||||4642|||||||
|Lettings||||14976||||||14,976|
|Other Income||||24066||5000||||29,066|
|Total income||||502 190|343353||||82|845 625|
|Ex
diture|||||||||||
|nditure
on charttsble||activities|||||||||
|Stipends, salaries,|NIC 8||||||||||
|Pension costs||||419,300||||||419300|
|District assessment||||106596||||||106596|
|Admin, Telephone|&Travel|||36495||969|||10|37,474|
|Insurance,
Utilities|etc|||32907||||||32,907|
|Maintenance
on Manses||||41417||||||41 417|
|Expenditure
on other Circuit|||||||||||
|property||||12267||||||12267|
|Other expenditure||||8,173|||||72|8245|
|Grants and Donations|||10|6375|71 888|||||78263|
|Contribution
to District Advance|||||||||||
|Fund|||||16743|||||16743|
|Governance
costs||||5340||||||5340|
|Total Ex
ndlture||||668 8'70|89600||||82|758 552|
|Net Incomel
ex|ndlture|||16 680|253,753|||||87073|
|Transfers
between|funds|||174990|174990||||||
|Property cost movement|||||||||||
|Property
value movement|||131417|254 000||||||254 000|
|Gains 8 losses on|investments||||||||||
|(Unrealised)||||9587||452|||213|10252|
|Nst Movement
in|funds|||252 723|78311||||213|330821|
|Reconciliation
of|Funds||||||||||
|Total funds brought|forward|||3465 565|339905|||3|391|3808661|
|Total funds carried forward|||||||||||
|atendof
ear||||3,718 88|415216|||3|178|4139,682|
|||||General
Fund|Circuit|Model|Other|Endowment||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||(Unrestricted)|Trust Fund||Funds|Funds|Totals||Totals|
||||||(Unrestricted)||(Restricted)||this year||2022|
||||||6||6||8||2|
|Fixed Assets||||||||||||
|Menses etc|||13|2 151,792|||||2,151,792|2,351,792||
|plant and Machinery|||13|45001|||||45 001|||
|Properties
held as investment||||610000|||||610,000||410,000|
|Investments|||15|26,329||6,461|||35,533||41,852|
|Total Fixed Assets||||833,122||6,461||3043|2,842,626|2,803644||
|Current Assets||||||||||||
|Debtors and Prspayments||||33727||1 800|||35527||40656|
|Central Finance Board|and|||||||||||
|Trustees for Methodist|Church|||||||||||
|Purposes deposits etc||||557,464|396,456||||953920||963986|
|Properties
held forsale|||17|751000|||||751000||436 000|
|Cash at Bank and
in hand||||4,662|||||4662|||
|Total Current Assets||||1346,853|398256||||1745,109|1|0646|
|Liabilities||||||||||||
|Creditors
fallin
due within one||ear|18|96430|||||96430||104608|
|Net Current Assets||||1 50 23|398256||||1 648679|1|336038|
|Totalassets less||||||||||||
|current liabilities||||4683545|404717|||3043|91305|4,139682||
|Funds ofths charit||||||||||||
|General Fund (Unrestricted)||||4083545|||||4 063545|3,718288||
|Circuit Madel Trust Fund (Unrestricted)|||19||404 717||||404717||418216|
|Other funds (Rsstricted)|||19|||||||||
|Endowment
Funds||||||||3043|3043||3178|
|Total Funds||||4083545|404717|||3043|4491305|4|139682|
||Note|2023|2022|
|---|---|---|---|
|Net cash (used) Igenerated
In operating activities|20|315551|364 928|
|h if
from fnvssti
acfivftfes||||
|lntentst
and dividends||37,475|3,461|
|Receipts from sale oftangible
fixed assets||327,735|63,955|
|payments
from purchase oftangible
fixed sssels||(45,001)|(284,792)|
|Net cash provided
by investing
activities||320,209|(217,376)|
|Change in cash and cash equivalents
in the year||4,658|(582,304)|
|Cash snd cash equivalents
brought
forward||4|8779|
|Cash and cash equivalents
carried forward||4662||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||||||||'||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|7|Insuran
e|Utilities on|||||||occ||Man|Unrestricted|Circuit|Model|Restricted||Endowment|2023|2022|
||||||||||||||Trust Fund|||||Total|Total|
|||||||||||||f||||||8|6|
||Insurance|||||||||||7,966||||||7,966|6,412|
||CouncilTax|||||||||||22,403||||||22,403|22,633|
||Water rates|||||||||||3,583||||||3,583|3,862|
|||||||||||||33952||||||33.952|32,907|
||||||||||||||Unrestdcted||Circuit|Model|Restricted|2023|2022|
|8|Ex enditureon||||th||r||I||||||Trust Fund|||Total|Total|
||||||||||||||8||8||8|8|8|
||Other Menses||either unoccupied||||||||or 1st|||750||||750|5,735|
||Churches closed||||snd||swalgng|||sale or sold||||5,747||||5,747|5,306|
||Clsabury
Mortimer|||||Methodist||||Church premises||||2,771||||2,771|903|
||Other|||||||||||||997||||997|323|
|||||||||||||||'10265||||10265|12267|
|||||||||||||||||||2023|2022|
||||||||||||||Unrestrlated||CMTF||Endowment|Total|Total|
|8|Nb~sr e
r~ndlt|||Lrg|||||||||||||8|8|2|
||Presbyteral|relocation|||||allowances|||||||1,200||||1,200|600|
||Removal costs|||||||||||||3,875||||3,875||
||Supernumerary
Ministers' Fees
Bayston
Hill Church for oflice accommadation|||||||||||||2,450
840||||2,450
840|950
840|
||Warship Materials|||||||||||||1,822||||1,822|2,156|
||Legal expenses||||||||||||||||||1,240|
||Other inc Zoom|||related||||costs||||||11,102|||85|11,187|2,459|
|||||||||||||||21289|||85|21 374|8245|
|10|jarrntEILn~ggfdl908||||||||||||||Unrestricted||Circuit Model|2023|2022|
||||||||||||||||||Trust Fund|Total|Total|
||||||||||||||||8||5|8|8|
||Churches|||||||||||||||||||
||Builth 1Ness||||||||||||||||1,250|1,250||
||Leominster||||||||||||||||1,000|1,000||
||Wyson|||||||||||||||750||750||
||Bayston
Hill|||||||||||||||1,600||1,600||
||Rea Valley|||||||||||||||500||500||
||Tenbury Wells|||||||||||||||500||500||
||Belle Vue||||||||||||||||||5,000|
||Ellesmere
far||Mission||||Project||||||||17,349|||17,349||
||Connexional|I|||8|G||n|r|||||||||||
||Colon||||||||||||||||22,381|22,381||
||Knolton||||||||||||||||4,568|4,568||
||Moreton
Mill||||||||||||||||42,987|42,987||
||Morda||||||||||||||||||19,977|
||Vron Gate||||||||||||||||||7,463|
||Ewyas Harold||||||||||||||||||6,119|
||Caynham||||||||||||||||||23,329|
||District Agricultural|||||Chaplain|||||||||||10,000|10,000|10,000|
||St.Mary's Youth||||Project,||||Cleobury||Mortimer||||6,000|||6,000|6,000|
||Herefordshlre||Churches|||||Together||||||||375||375|375|
||||||||||||||||27074||82,186|109,260|78,263|
|Support|Governance|2023|2022|
|---|---|---|---|
||5,700|5,700|5,340|
||5700|5,700|5340|
##
||||2023|2022||
|---|---|---|---|---|---|
|Number ofTrustees who were paid expenses excluding||Presbyters|8|4||
|and employed|lay staff|||||
|Nature ofthe|expenses||2023|2022f||
|Supernumerary|Fees and Travel expenses||2,963|1,058||
|Lay Travel and expenses excluding costs reimbursed|||1,124||876|
|Total amount|paid||4 087|1|934|
|||||Menses|Plant and|Total|
|---|---|---|---|---|---|---|
||||||machlnerv
f|f|
|Cost|||||||
|Balance brought|forward|||2,351,792||2,351,792|
|Additions|||||45,001|45,001|
|Transfers to /from||properties|held for sale|(200,000)||(200,000)|
|Balance carried|forward|||2,151792|45001|2196,793|
|Net book value|||||||
|31August2023||||2 151792|45001|2 196793|
|31August 2022||||2,351792||2,351792|
|14|Inves)IBe~nt
~ro|erie||2023|2022|
|---|---|---|---|---|---|
||||||6|
||Balance brought|forward||410,000|390,000|
||Additions|||225,000||
||Transfer from Tangible||Fixed Assets|200,000||
||Transfer to properties||for sale|(300,000)||
||Revaluations|||75,000|20,000|
||Balance carried|forward||610,000|410,000|
##
|Fixed Asset Investments||||
|---|---|---|---|
||Listed|Ungsted||
||Investments|investments|Total|
||8|6|6|
|Market value||||
|Balance brought forward|31,167|10,685|41,852|
|Add net gain on revaluation|(5,566)|(453)|(6,019)|
|Balance carried forward|25,601|10,232|35,833|
|Net book value||||
|31 August 2023|25601|10232|35833|
|31 August 2022|31,167|10685|41 852|
##
##
##
##
|Reconciliation|of net mov|eme|nts
in fun|ds to cash|flow from operat|ing
activities||
|---|---|---|---|---|---|---|---|
|||||||2923|2022|
|Itet movement|in funds|||||351,623|330,821|
|Deduct interest income shown|||in investing|activities||(37,475)|(5,095)|
|Deduct receipts from sale oftangible
fixed||||assets||(327,735)|(342,548)|
|Loss /(Gain)|on revaluation|of|properties|||||
|Decrease (increase) in debtom||||||5,129|(544)|
|increase (decrease) in creditors||||||(8,178)|846|
|Loss /(Gain)|on revaluation|of|fixed asset|investment|properties|(315,000)|(254,000)|
|Loss l(Gain)|on revaluation|of|fixed asset|investments||6,019|10,252|
|(Gain) / Loss|on revaluation|of|current asset investments|||10,066|(104,660)|
|||||||315551|364928|
##