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||||Notes to||Circuit Nlodel|Circuit Nlodel|||
|---|---|---|---|---|---|---|---|---|
||||the|General Fund|Trust||Restricted|Total|
||||accounts|(Unrestricted)
f|(Unrestricted)||Funds
f|2021-22
F|
|Income|||||||||
|1
Donations
and legacies|||||||||
|2
Income from monetary
investments||||188||392||581|
|3
Income from investment|properties|||40,050||||40,050|
|4
Assessments
on Churches||||194,620||||194,620|
|5
Capital Receipts|||||||||
|6
Grants mceived|||||||||
|7
Other charitable
income|||||||||
|8Total Income||||234858||392||235251|
|Expenditure|||||||||
|9
Grants and donations|||||||||
|10Salaries and assodated|costs|||134,778||||134,778|
|11 property
maintenance||||38,811||||38,811|
|12Connexlonaf
assessment|&|model trust|levy|40,626|2,142|||42,768|
|13District Assessment
&Levy||||5,798||||5,798|
|14Depreciation|||||||||
|15Office expenses||||3,877||||3,877|
|16Other outgoings
17Total charitable expenditure||||3,238
227 129||244
38T||3,483
229516|
|18Gains/(losses)
on monetary||investments|||||62|62|
|19Gains/(losses)
on investment
20 Net Incomef(expenditure)||properties||75,000
82,729|(1,994)||62|75,000
80,797|
|21 Transfers between funds|||||||||
|22 Other gains/(losses)
23 Net movement
in funds||||82729|1|994|62|8079T|
|24 Total funds brought
forward||||3,541,306|85,694||568|3,627,570|
|25Total funds carried forward||||362 037|83?00||630|3708367|
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||||Notes to||Circuit Nlodel|||
|---|---|---|---|---|---|---|---|
||||the|General Fund|Trust|Restricted||
||||accounts|(Unrestricted)
f|(Unrestricted)
f|Funds
f||
|Income||||||||
|1
Donations
and legades||||||||
|2
Income from monetary
investments||||89|289||378|
|3
Income from investment|properties|||37,002|||37,002|
|4 Assessments
on Churches||||172,000|||172,000|
|5
Capital Receipts||||||||
|6
Grants received|||||||40,000|
|7
Other charitable
income||||||||
|8Total income||||249091|||249 381|
|Expenditure||||||||
|9
Grants and donations||||||||
|10Salaries and associated|costs|||130,083|||130,083|
|11 Property maintenance||||32313|||32,313|
|12Connexional
assessment|&|model trust|levy|40,626|2,194||42,820|
|13District Assessment 8Levy||||5,798|||5,798|
|14Depreciation||||||||
|15Office expenses||||3,645|||3,645|
|16Other outgoings||||1,541|176||1,717|
|17Total charitable
expenditure||||214,005|2370||216375|
|18Gains/(losses)
on monetary||investments||||||
|19Gains/(losses)
on investment||properbes|||||62,M0|
|20 Net income/(expenditure)||||97,586|(2,080)||95,506|
|21 Transfers
between
funds||||||||
|22 Other gains/(losses)||||||||
|23 Net movement
in funds||||97586|2080||95506|
|24 Total funds brought
forward||||3,443,722|87,774|568|3,532,064|
|25Total funds carried forward||||3541 308|85694|568|3627570|
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||||General Fund|Circuit Model|Restricted|Totals|Totals|
|---|---|---|---|---|---|---|---|
|||Notes to
the
accounts|(Unrestricted)|Trusts
(Unrestricted)|Funds|2021/22|2020/21|
|Ixsd Assets||||||||
|:ircult Menses &E ul
ment|||1498100|||1498 100|149810|
|westment
ro
les|||2012500|||2012,500|1 937,50|
|westments||||||0||
|Total fixed|assets||3510600||0|3510600|343560|
|:urrent Assets||||||||
|&ebtors||12|48488|||48488|1669|
|oans b the Circuit||||||||
|weslments
with TMCP||||83700|||8626|
|'antral Finance Board Deposits|||45661|||45661|6976|
|:ash at Bank and in hand|||41275|||41 275|5340|
|Total current|assets||135424|83700||219754|228 12|
|,'unent liabl8ttss||||||||
|:reditors (due in under
1 year)||13|21987|||21987|3415|
|irants
a able within 2020-21||||||||
|Total current liabilities|||21987|||21987||
|Hst current assetslllabllltles|||113437|83700||197767|19197|
|otalassets less cunent Ilabllltlas|||3624037|83700|630|3708387|362757|
|ong term 8abilities||||||||
|due after more than one|year)|||||||
|iranis
a able after 2020-21||||||||
|cans to the Circuit||||||||
|Hst|assets||3624037|83700||3708367|3627 87|
|unds ofthe Circuit||||||||
|general Fund
Unrestricted|||3624037|||3,624037|3,541 30|
|:ircuit Model Trust Fund||||||||
|Jnrestricted||||||83700|8569|
|tesi
ated Funds
Unrestricted||||||||
|Total Unrasfrfctad|Funds|||||3707737|362700|
|i'estricted
Funds||||||630||
|:ndowment
Funds||||||||
|Total|Funds||3624037|83700|630|3708367|382757|
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|7.Salaries and assodat|ed costs||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2021||
|Gross salaries and benefits
in kind||||||||93,984||92,934|
|Employer's
national
insurance cost||||||||9,164||8,671|
|Pension costs||||||||23,619|23,344||
|Apprentice
levy||||||||||535|
|Staff Expenses||||||||7,001||3,826|
|Computers
for Ministry||||||||533|||
|Tote Istaff cost||||||||134,778|129,878||
|Average number ofstaff|||||||||||
|B.Connexional
and
District Assessments|||and Levies||||||||
|The national
Methodist|Church 'The Connexion'|||and|the London Methodist|||District raise funds fortheir|||
|charitable
purposes
in|support ofthe|Church through|||a levy calculated||by|reference to the number||of|
|staff (both stipendiary|and lay workers|involved||in mission)||in the Circuits and the number ofChurch|||||
|members
but may also|take into account||a Circuit's ability to pay||||||||
|9.Other outgoings|||||||||||
|These include the fees|for examination|of|the accounts:||||||||
|||||||||2022|2021||
|Independent
examiner's|fee for reporting||on the accounts|||||2,000||1,200|
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||||2022|2021|
|---|---|---|---|---|
||Land|Buildings|Total|Total|
|Balance brought forward|1,498,100|1,937,500|3,435,600|3,373,100|
|Revaluations||75,000|75,000|62,500|
|Disposals|||||
||||3,510,600|3,435,600|
##
||||||2022|2021||
|---|---|---|---|---|---|---|---|
|Prepaid stlpends|||||12,688|12,104||
|Monkville
Rent|||||2,190|1,800||
|Other Debtors|||||33610|2,795||
||||||48,488|16,699||
|13Creditors|and Accruats|(due in under|1yr)|||||
||||||2022|2021||
|Deferred Income|||||14,780|25,650||
|Other creditors|||||7,207|8,506||
||||||21,987|34,156||
|14Charitable|Funds|||||||
|||Fund|||||Fund|
|||balance
brought|Income|Expenditure|Inter fund
transfers|Revalue|balance
carried|
|||forward|||||forward|
|Unrestricted|funds|||||||
|General fund||3,541,308|234,858|(227,129||75,000|3,624037|
|Model Trust|fund|BSI694|392|2,387|||83,700|
|Total unrestricted||||||||
|funds||3,627,002|235,251|229516)|0|75,000|3,707,737|
|Endowment|Funds|||||||
|'Trust 177'||||||62|630|
|Total funds||3,627,570|235,251|(229,516)|0|75,062|3,708,367|
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