##
##
##
##
|Unrestricted
funds|Unrestricted
funds|||
|---|---|---|---|
|General
Fund|||E2,108,125|
|Circuit Model Trust Fund|||f862.268|
|Total unrestricted|funds||E2,970,393|
|Designated
funds||||
|Manse fund|||f17,973|
|Beeston Development||Fund||
|Training
fund|||f982|
|Total designated|funds||F18,955|
|Restricted funds||||
|Chaplaincy
Fund|||f25,523|
|Total restricted funds|||f25,523|
|Total funds|||F3,014,871|
|Total undesignated|and|unrestricted|E2,989,348|
|Funds||||
|Less: invested
in|manses||E2,012,868|
|Uncommitted
reserves,||readily||
|Avai able|||f123,973|
##
##
##
##
##
##
##
|Circuit Ministers
and Of|ficers|||||||
|---|---|---|---|---|---|---|---|
|Active Circuit Ministers|Revd Susan Holmes|—superintendent||minister,||(retired|31/08/21)|
||Rev Ruth Simpson -|superintendent||minister,|(appointed||01/09/21)|
||Revd Arnold
Dixon|||||||
||Revd Christine
Fox|||||||
||Revd Matthew
Fugill|||||||
||Revd Alistair Jones|||||||
|Circuit Stewards|Mr Eric Davies|||||||
||Ms Paula Dawson (resigned 21/04/21)|||||||
||Mrs Gill Watts|||||||
||Dr Neil Jones|||||||
||Mr Martin Sykes|||||||
||Mrs Ann Ceurstemont|(resigned|31/08/21)|||||
||Mrs Tracy Shaw|||||||
||Richard Collins|||||||
|Accountant|Mr Paul Lewis|||||||
|Administrator|Mrs Cheryl Smith|||||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
#
##
##
##
|Nottingham
Trent|V|all|ey Circuit|||||||||Circuit No|22/04||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Statement of Financial Activities|||||(SOFA) for the|||year|ended|31|August 2021||||
|||||Notes to|||Circuit|Model|Designated||||||
|||||the|General|Fund|Trust||Funds||Restricted|Endowment|Total||
|||||accounts|(Unrestricted)||(Unrestricted)||(unrestricted)||Funds|Funds|2020-21||
||||||F||f||f||F|F||f|
|Income|||||||||||||||
|Donations
and legacies||||||99||||||||99|
|Income from monetary|investments|||||186||3,044||15||||3,?45|
|Income from investment|properties||||||||||||||
|Assessments
on Churches|||||297,769||||||||297,769||
|Capital Receipts|||||||||||||||
|Grants received|||||||||||12,000|||12,000|
|Other charitable
income|||||27,063|||||||||27,063|
|Total income|||||325,117|||3,044||15|12,000||340,176||
|Expenditure|||||||||||||||
|Grants and donations||||||302|17,704|||||||18,006|
|Stipends, Salaries and|associated||||||||||||||
|costs||||10|209,129||||||15,071|||224,200|
|Property
maintenance
and||running|||||||||||||
|costs|||||26,842||||8,772|||||35,614|
|District Assessment
& Levy||||12|83,672||63,570||||||147,242||
|Office and administration||expenses||13||3,920||1,928||||||5,848|
|Other outgoings||||14|||||||||||
|Total charitable expenditure|||||324,729||83,202||8,772||15,071||431,774||
|Gains/(losses)
on monetary|||||||||||||||
|investments|||||||||||||||
|Gains/(losses)
on investment|||properties||||||||||||
|Net income/(expenditure)||||||388|40,158||-8,757||4,071|||-91,598|
|Transfers
between funds||||9,11||-2000||4000|12,000||4000||||
|Other gains/(losses)|||||||||||||||
|Net movement
in funds||||||-1,612|-84,158||3,243||-9,071|||-91,598|
|Total funds brought forward|||||2,109,737||946,426||15,712||34,594||3,106,469||
|Total funds carried forward|||||2,108,125||862,268||18,955||25,523||3,014,871||
|Nottingham
Trent Valley Circuit|Nottingham
Trent Valley Circuit|Nottingham
Trent Valley Circuit|Nottingham
Trent Valley Circuit|||||||||||Circuit No
22(04|Circuit No
22(04|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||Balance|Sheet as|at 31|August||2021||||||
||||||General Fund|Circuit Model|Designated||R~||Endowment||Totals|Totals||
||||||(Unrestricted)|Trusts|Funds||Funds||Funds||2020/21|2019I20||
|||||Notes to the||(Un esticted)|(Unrestricted)|||||||||
|||||Accounts||6|6|||||||||
|Fixed Assets||||||||||||||||
|Circuit Manses &Eqdpment||||BS1|2,012,868||||||||2,012,868|2,012,868||
|Investment
properties||||||||||||||||
|investments||||||||||||||||
||Total|fixed|assets||2,012,868|||||||0|2,012,868|2,012,868||
|Current Assets||||||||||||||||
|Debtors||||BS2|23,429||||||||23,429||19,240|
|Loans by the Circuit||||||||||||||||
|Investments
with TMCP||||BS3||875,719|||||||875,719|964,262||
|Central Finance Board|Deposits||||108,804||10,342||25,523||||144,669||172,011|
|Cash at Bank and in hand|||||38,374|||8,613||6,222|||53,209||34,975|
|Total cunent|||assets||170,607|875,719|18,955||31,74S||||1,097,026|1,190,488||
|Current
liabilities||||||||||||||||
|Creditors (due in under|1 year)|||BSS|75,350||||||||81,572||79,051|
|Grants payable
within|2021-22|||BS6||11,190|||||||11,190||8,853|
|Total|current liabilities||||75,350|11,190||||6,222|||92,762||87,904|
|Het current|asseteflabili ties||||95,257|864,529|18,955||25,523||||1,004,264|1,102,584||
|Total assets less|current liabilities||||2,108,125|864,529|18,95S||25,523|||0|3,017,132|3,115,452||
|Long term liabilities||||||||||||||||
|(due after more than one year)||||||||||||||||
|Grants payable after 2021-22||||BS6||2,261|||||||2,261||8,983|
|Loans Iothe Circuit||||||||||||||||
|||Het|assets||2,108,125|862,268|18,955||25,523||||3,014,871|3,106,469||
|Funds ofthe Circuit||||||||||||||||
|General
Fund (Unrestricted)||||BS7|2,108,125||||||||2,108,125|2,109,737||
|Circuit Model Trust Fund (Unrestricted)||||BS7||862,268|||||||862,268||946,426|
|Designated
Funds (Unrestricted)||||BS7|||18,955||||||18,955||15,712|
|Total Unrestricted|||Funds||||||||||2,989,348|3,071,875||
|Restricted
Funds||||BS8|||||25,523||||25,523||34,594|
|Endowment
Funds||||||||||||||||
|||Total|Funds|BS9|2,108,125|862,268|18,955||25,523|||0|3,014,871|3,106,469||
||||||||||Signed|||||||
##
||||2021|2020|
|---|---|---|---|---|
|Cash flows from operating
activities|||||
|Net cash income (expenditure)|||(94843)|268669|
|Adjustments
to cash flows from noncash|items||||
|Depreciation|||||
|Investment
income|||||
||||(94843)|268669|
|Working capital adjustments|||||
|Decrease/(increase)
in debtors|||(4189)|393857|
|Increase/(decrease)
in creditors|||(3952)|(144814)|
|Increase/(decrease)
in deferred
income|||2088|321|
|Net cash flows from operating
activities|||(100896)|518033|
|Cash flows from investing
activities|||||
|Interest receivable
and similar income|||3245|8547|
|Purchase of tangible
fixed assets|||||
|Net cash flows from investing
activities|||3245|8547|
|Net increase/(decrease)
in cash and cash equivalents|||(97651)|526580|
|Cash and cash equivalents
at 1st September|||1171248|644668|
|Cash and cash equivalents
at 31stAugust|||1073597|1171248|
|Reconciliation
of net cash flows to movement||in net funds|||
|Increase/(decrease)
in cash|||(97651)|526580|
|Net funds at 1 September 2020|||1171248|644668|
|Net funds at 31stAugust 2021|||1073597|1171248|
##
##
##
##
##
##
##
##
##
##
##
##
|g
|||aey r|u|||||||Circuit No|22/04|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Statement|of Financial|||Activities||SOFA|for the|ear ended 31Au ust|||2020||
|||||Notes to|||Circuit Model||Designated||||
|||||the|General Fund||Trust||Funds|Restricted|Endowment|Total|
|||||accounts|(Unrestricted)||(Unrestricted)||(Unrestricted)|Funds|Funds|2019-20|
|Income|||||||||||||
|Donations
and legacies||||||360||||||360|
|Income from monetary||investments||||822|7,582||143|||8,547|
|Income from investment|||properties||||||||||
|Assessments
on Churches||||||315,573||||||315,573|
|Capital Receipts|||||||297,577|||||297,577|
|Grants received||||||||||9,000||9,000|
|Other charitable
income||||||21,227||||||21/27|
|Total income||||||337,982|305,159|||9,000||652,284|
|Ex enditure|||||||||||||
|Grants and donations|||||||8,493||200|||8,693|
|Stipends, Salaries|and associated||||||||||||
|costs||||10||212,425||||8,115||220,540|
|Property maintenance
&|||running||||||||||
|costs||||||23,480|||14,443|||37,923|
|Connexional
assessment|||&model||||||||||
|trust levy|||||||||||||
|District Assessment
& Levy||||12||77,640|25,408|||||103,048|
|Depreciation|||||||||||||
|Office expenses||||13||2,787||911||||3,698|
|Other outgoings||||14||1,166||||||1,166|
|Total charitable expenditure||||||317,498|34,812||14,643|8,115||375,068|
|Gains/(losses)
on|monetaiy||||||||||||
|investments|||||||||||||
|Gains/(losses)
on|investment||||||||||||
|properties|||||||||||||
|Net income/(expenditure)||||||20/84|270,347||-14,500|885||277,216|
|Transfers between|funds|||9,11||13,000|-4000|||-9000|||
|Othergains/posses)|||||||||||||
|Net movement
in|funds|||||33/84|266,347||-14,500|%,115||277,216|
|Total funds brou|ht forward|||||2,076,253|680,079||30,212|42,709||2,829,253|
|Total funds carried forward||||||2,109,737|946,426||15,712|34,594||3,106,469|
|n a receivable|basis.|||||||
|---|---|---|---|---|---|---|---|
|||||||Total||
|Church|General|CMTF|Desig.|Restricted|Endow|2021|2020|
|Beeston|67,148|||||67,148|78,999|
|Bramcote|6,536|||||6,536|7,690|
|Breaston|12,228|||||12,228|14,386|
|Christ||||||||
|Church|18,396|||||18,396|20,150|
|Grangewood|37,900|||||37,900|38,564|
|King swood|27,592|||||27,592|28,785|
|Lenton|13,384|||||13,384|13,385|
|Radford|11,580|||||11,580|5,150|
|Rylands|7„068|||||7,068|7,411|
|Sandiacre|18,584|||||18,584|19,780|
|Stapleford|17,280|||||17,280|18,521|
|Toton|15,925|||||15,925|15,925|
|Trinity|44,148|||||44,148|46,827|
|Totals|297,769||||0|297,769|315,573|
|made
by|the Connexio|n
to t|he|closed|church|es a|re reclaim|re reclaim|ed
from|the procee|ds ofsal|ds ofsal|e.|e.||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||General||CMTF||Desig.|Restricted|Endow||Total 2021||||2020|
|||||||||||||||||Queens
Rd||
|Gross Sale Proceeds (Queens|||Road)||||||||||||||500000|
|CPF Levy|on Property Sales||||||||||||||0||(165051)|
|Selling Agents Fees|||||||||||||||||(6000)|
|Legal Fees|||||||||||||||||(1663)|
|Surveyors|Fees||||||||||||||||(1709)|
|GPF Reclaimed Grants|||||||||||||||||(26000)|
|||||Totals|||||||||||||297,577|
||||||General|||CMTF|Desig.|Restricted||Endow|Total 2021|||2020||
|District -|University
Chaplaincy|||Work||||||12,000||||12,000|||9,000|
|||||Totals|||0|0|0|12,000||||12,000|||9,000|
|~
~||||||||||||||||||
|||||||||||||||Total||||
||||||General||CMTF||Desig.|Restricted||Endow||2021|||2020|
|Manses|Rental Income||||22,618|||||||||22,618|||17,000|
|Manses|Utilities Recharged||||1,899|||||||||1,899|||1,847|
|Manses|Maintenance|Expenses||||||||||||||||
|Recharged||||||156|||||||||156||1,554|
|Removal|&Relocation|Costs||||||||||||||||
|Recovered|||||2,|100||||||||2,|100||826|
|Farewell|present SH||||290||||||||||290|||
||||Totals||27,063|||||||||0
27,063|||21,227|
##
##
##
##
|Stipends were paid to 5 pres|byters
and 1 p|art time retired|deacon
(in year 20|20 only) as foll|ows:||
|---|---|---|---|---|---|---|
||Full Time (5)|Part Time (1)|General|Restricted|Total 2021|2020|
|Stipend s|130,172||130,172||130,172|135,029|
|National
Insurance
Contributions|12,002||12,002||12,002|11,634|
|Pension fund Contribu6ons|34,330||34,330||34,330|33,426|
|Apprenticeship
Levy|711||711||711|702|
|P11DNational
Insurance|||||||
|Computers
for Ministry|||845|||990|
|Travelling|2,018||2,018||2,018|3,057|
|Telephone
&Broadband|4,124||4,124||4,124|3,947|
|Removal, Stationing
&Relocation Costs|4,364||4,364||4,364||
|Sundry Expenses|188,750||184
188,750||188,750|188,785|
##
##
|a net transfer|offu|nds off1|2,000to t|he Manses Fun|he Manses Fun|d as this|was deem|ed
su|fficient fo|r its purp|oses.|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||General||||CMTF|Desig.|||
|Manse||Council
Tax|Insurance|Water
supply|Gas &
Electric|Repairs
Maint
Im rove|Sub-total||Repairs
Maint
Im rove|Total
2021|2020|
|Unallocated|||184|||||||184|184|
|Brookside Avenue|||379|||1,650|2,029|||2,029|8,894|
|Cumberland
Avenue||2,458|426|874|||3,759||312|4,071|5,696|
|Endsleigh
Gardens||2,042|486|485|||3,014||1,427|4,441|3,602|
|Harrow Road||2,644|398|204|||3,246||1,452|4,698|3,783|
|Marshall
Drive||1,872|439|288||24|2,623||5,190|7,813|3,797|
|Purbeck Close||2,283|461|478|||3,222||391|3,613|5,068|
|Trenton
Drive|||486|||612|1,098|||1,098|3,736|
||Totals|11,300|3,261|2,329||2,286|19,176||8,772|27,948|34,760|
|Letting Expenses||||||||||Total||
|||Agents|Other||||General|CMTF|Desig.|2021|2020|
|Brookside Avenue||1,389|||||1,389|||1,389|1,341|
|Trenton
Drive||1,596|240||||1,836|||1,836|1,473|
||Totals|2,986|240||||3,226|||3,226|2,814|
|Other Property|Expenses|||||||||Total||
||||||||General|CMTF|Desig.|2021|2020|
|Quinquennial
reports|||||||4,440|||4,440||
|Contribution
to St||||||||||||
|Bamabas||||||||||0|350|
||||||||4,440|||4,440|350|
|Property
Totals|||||||26,842||8,772|35,614|37,924|
|ercentage|ofthe|Circu|it's CMTF|account bal|ance as|at 31 August the pre|vious
acc|ounting
yea|r.|
|---|---|---|---|---|---|---|---|---|---|
|||||||||Total||
|||||General|CMTF|Desig. Restricted|Endow|2021|2020|
|District Expenses||||9,949||||9,949|8,655|
|Methodist|Church|Fund||73,723||||73,723|68,985|
|District Levy on CMTF|||Funds||63,570|||63,570|25,408|
||||Totals|83,672|63,570|||147,242|103,048|
|0|-|~|~||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||Total|||
||||||||General|CMTF|Desig. Restricted|Endow||2021|2020||
|Conference
Minutes|||||||1,198|||||1,198||373|
|Printing,
postage|&stationery||||||751|||||751||727|
|Independent
Examiner's||||Fee|||1,100|||||1,100||1,078|
|Payroll fees||||||||||||||609|
|Bank Charges|||||||||||||||
|TMCP Admin/Investment||||Management||Fees||1,928||||1,928||911|
|||||||Totals|3,920|1,928||||5,848||3,698|
|~ - '
~
-||~|~|~|~||||||||||
||||||||||||||Total||
|||||||||General|CMTF|Desig.|Restr.||2021|2020|
|Preaching
&worship:|||||||||||||||
|Production
of Plan &|||Directory|||||19|||||19|144|
|Supernumerary||Preaching|||Fees|||217|||||217|1,023|
|Zoom Fees||||||||278|||||278||
|Other expenses:|||||||||||||||
|Study Books, Videos|||||||||||||56||
|SH Farewell
Gift||||||||290|||||290||
|Misc Items|||||||||||||||
||||||||Totals|||||0|864|1,166|
##
##
##
##
|Balance Brought Forward|Balance Brought Forward|
|---|---|
|Depreciation|Charge for Year|
|Impairment|Provisions|
|Revaluations||
|Disposals||
|Transfers||
|Balance Carried Forward||
##
##
|Property||Type|Value|
|---|---|---|---|
|1 Cumberland|Avenue|Manse|243,663|
|100 Harrow|Road|Manse|226,412|
|3 Brookside|Avenue|Manse|177,762|
|41 Trenton
Drive||Manse|202,408|
|7 Purbeck Close||Manse|268,597|
|35a Marshall|Drive|Manse|250,251|
|9 Endsleigh|Gardens|Manse|241,201|
||||1,610,294|
|hat payments
in adv|anc|e at 1 Sep|tember|2021 will be e|xpensed
i|n 2021-2022.|||
|---|---|---|---|---|---|---|---|---|
||||||||Total||
|||||General|CMTF|Deslg. Restr|2021|2020|
|Prepay|ments||||||||
|September
'21 Stipends||and expenses||14,894|||14,894|14,719|
|Insurance||||1,789|||1,789|1,645|
|Water Charges||||108|||108||
|Council Tax||||1,005|||1,005|929|
|Payroll Services Fees||||500|||500|500|
|Family Worker||||498|||498||
|||||18,795|||18,795|17,906|
|Accrued|Income||||||||
|Manses Recharged|Utilities & Repairs|||1,112|||1 112||
|Share of Relocation|and|Removal|costs|2,100|||2,100||
|Recharged
Family Worker costs||||817|||817||
|NEST Refund||||40|||40||
|Ministers'
Telephone|&|Broadband|||||||
|Contributions||||565|||565|980|
||||Totals|23,429|||23,429|19,240|
##
|t is expected that all sums accrued at 31 Augu|st 2021 wi|ll be paid|during th|e year to 31|August 2|022.|
|---|---|---|---|---|---|---|
||||||Total||
||General|CMTF|Desig.|Restr.|2021|2020|
|Income in advance|||||||
|Assessments
Quarter Sept-Nov Quarter|68,080||||68,080|69,233|
|District Grant Chaplaincy
Work 2021-22||||6,000|6,000|6,000|
|SMP for Family Worker 2021-22|3,261||||3,261||
|Creditors 8 Accruals|||||||
|Ministers'
Travel|1,072||||1,072|1,704|
|Ministers'
Telephone
Charges|182||||182|179|
|Printing, Postage, Stationery|184||||184|452|
|Manse Water Charges|377||||377|403|
|Independent
Examination
Fees 20-21|1,100||||1,100|1,080|
|Lay Staff Pension
Contributions
Aug 21|210|||58|268||
|Apprenticeship
Levy Charges 18-21|593|||164|757||
|Farewell
Gift to Circuit Superintendent|290||||290||
|Totals|75,350|||6,222|81,572|79,051|
##