| it continued to employ the |
it continued to employ the |
following lay workers |
|
|---|---|---|---|
| Jo Howie | Based at the Susanna | Wesley House project | |
| Judith | Neal | Supporting the Rev David Owen |
|
| Mairi | Radcliffe | Supporting St Martin's |
Methodist Church |
| Fiona | Riley-Schnoor | Circuit Administrator | and Safeguarding Officer |
| Administrative | Administrative | Information | Information | Information | Information | —continued | —continued | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Circuit Ministers | and officers | ||||||||||||
| Active Circuit | Ministers: | Rev Chris Briggs | |||||||||||
| Rev Calvin Cheung | |||||||||||||
| Rev Neil Draper | |||||||||||||
| Rev Colin Emerson | |||||||||||||
| Rev David Owen | |||||||||||||
| Rev Dr Jacky Quarmby | |||||||||||||
| Rev Dr Stuart Bell | |||||||||||||
| Circuit Lay | Employees: | Mrs Jo Howie | |||||||||||
| Mrs Judith Neal |
|||||||||||||
| Mrs Mairi Radcliffe | |||||||||||||
| Ms Mairi Nasr | |||||||||||||
| Circuit Stewards | Mrs Hilary Jones | ||||||||||||
| Mr John McCartney | |||||||||||||
| Mr Pete Nelson | |||||||||||||
| Mr Phil Royle | |||||||||||||
| Rev Dr Moira Biggins | |||||||||||||
| Administrators: | Mrs Fiona Riley-Schnoor | ||||||||||||
| Mr Alan Castledine | acted | as | the | principal officer overseeing |
the day to day | financial | management | and | |||||
| accounting | for | the | Circuit | during | the year. | ||||||||
| Independent | auditor: | Haines Watts, Chartered | Accountants | and Registered | Auditor | ||||||||
| 10Stadium Business Court |
|||||||||||||
| Millennium Way |
|||||||||||||
| Pride Park | |||||||||||||
| Derby | |||||||||||||
| DE24 BHP | |||||||||||||
| Investment | Bankers: | Trustees for Methodist | Church purposes | ||||||||||
| Bankers: | Central Finance Board ofthe Methodist | Church | |||||||||||
| HSBC Bank pic | |||||||||||||
| CAF Bank Ltd | |||||||||||||
| Structure, Governance | and Management | ||||||||||||
| The governing | document | for | the | Circuit is the Deed of Union (1932)and Methodist | Church Act (1976) |
| Restricted | &Endowment | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Funds | Funds | |||||||
| Circuit | |||||||||
| Model | Total | Total | |||||||
| General | Trust | Designated | Restricted | Endowment | 2023 | 2022 | |||
| Note | E | ||||||||
| s | |||||||||
| Incoming Resources | |||||||||
| Income from Monetary | |||||||||
| Investments | 5,028 | 18,089 | 609 | 2,936 | 5,387 | 32,049 | 8,212 | ||
| Income from | |||||||||
| Investment Properties |
41,440 | 14,450 | 55,890 | 39,465 | |||||
| Assessments on |
|||||||||
| Churches | 2 | 390,739 | 390,739 | 395,579 | |||||
| Grants Received | 3 | 5,120 | 5,120 | 3,397 | |||||
| Other Income | 4 | 118,629 | 118,629 | 613,351 | |||||
| Total Incoming | |||||||||
| Resources | 560,956 | 18,089 | 15,059 | 2,936 | 5,387 | 602,427 | 1,060,004 | ||
| Expenditure | |||||||||
| Grants and Donations | 8,145 | 43,043 | 51,688 | 25,460 | |||||
| Salaries and | |||||||||
| Associated Costs | 304,835 | 304,835 | 294,851 | ||||||
| Property Expenses |
26,380 | 23,037 | 49,417 | 43,779 | |||||
| District and | |||||||||
| Connexional Levies |
8 | 140,571 | 24,013 | 164,584 | 307,065 | ||||
| Support Costs | 9 | 6,514 | 6,514 | 6,802 | |||||
| Other Outgoings | 10 | 16,334 | 1,244 | 282 | 261 | 18,121 | 15,128 | ||
| Total Expenditure | 502,779 | 68,300 | 23,319 | 761 | 595,159 | 693,085 | |||
| Net Income Before | |||||||||
| Investment | |||||||||
| Gains/(Losses) | 58,177 | (50,211) | (8,260) | 2,175 | 5,387 | 7,268 | 366,919 | ||
| Gains/(Losses) on |
|||||||||
| Monetary Investments |
(5,447) | (5,447) | (8,873) | ||||||
| Gains/(Losses) on |
|||||||||
| Investment Properties |
|||||||||
| Revaluations | 160,000 | ||||||||
| Net Incoming/ | |||||||||
| (Outgoing) Resources |
|||||||||
| Before Transfers | 58,177 | (50,211) | (8,260) | 2,175 | (60) | 1,821 | 518,046 | ||
| Transfers | |||||||||
| Between Funds | 19 | (153,336) | 131,662 | 30,000 | (2,938) | (5,388) | |||
| Net Movements | |||||||||
| in Funds | (95,159) | 81,451 | 21,740 | (763) | (5,448) | 1,821 | 518,046 | ||
| Reconciliation of Funds | |||||||||
| Total Funds | |||||||||
| Brought Forward | 3,337,933 | 436,960 | 186,117 | 138,739 | 131,127 | 4,230,876 | 3,712,830 | ||
| Total Funds | |||||||||
| Carried Forward | 19 | 3,242,774 | 518,411 | 207,857 | 137,976 | 125,679 | 4,232,697 | 4,230,876 |
| Restricted | &Endowment | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Funds | Funds | |||||||
| Circuit | |||||||||
| Model | Total | Total | |||||||
| General | Trust | Designated | Restricted | Endowment | 2023 | 2022 | |||
| Notes | E | ||||||||
| Fixed Assets | |||||||||
| Circuit Manses etc | 11 | 1,676,670 | 1,676,670 | 1,676,670 | |||||
| investments | 12 | 19,249 | 43,997 | 125,679 | 188,926 | 194,374 | |||
| Total Fixed Assets | 1,676,670 | 19,249 | 43,997 | 125,679 | 1,865,596 | 1,871,044 | |||
| Current Assets | |||||||||
| Investment Properties |
11 | 1,599,000 | 1,599,000 | 1,686,500 | |||||
| Debtors | 13 | 19,775 | 19,775 | 17,489 | |||||
| Outstanding | |||||||||
| Purchase Price |
13a | 55,000 | 55,000 | 70,000 | |||||
| Trustees for Methodist | |||||||||
| Church Purposes | 518,411 | 93,658 | 612,069 | 528,322 | |||||
| Central Finance | |||||||||
| Board Deposits | 14 | 19,061 | 179,636 | 321 | 199,018 | 174,238 | |||
| Cash at Bank | |||||||||
| and in Hand | 14 | (1,712) | 15,236 | 13,524 | 22,938 | ||||
| Total Current Assets | 1,691,124 | 518,411 | 194,872 | 93,979 | 2,498,386 | 2,499,487 | |||
| Creditors Due In Under |
|||||||||
| One Year | 15 | 125,020 | 6,264 | 131,284 | 139,655 | ||||
| Net Current | |||||||||
| Assets/(Liabilities) | 1,566,104 | 518,411 | 188,608 | 93,979 | 2,367,102 | 2,359,832 | |||
| Net Assets | 3,242,774 | 518,411 | 207,857 | 137,976 | 125,679 | 4,232,698 | 4,230,876 | ||
| Funds ofthe Circuit | |||||||||
| General Funds | |||||||||
| (Unrestricted) | 2,653,774 | 2,653,774 | 2,748,933 | ||||||
| Circuit Model Trust | |||||||||
| Fund (Unrestricted) | 518,411 | 518,411 | 436,960 | ||||||
| Designated Funds |
|||||||||
| (Unrestricted) | 207,857 | 207,857 | 186,117 | ||||||
| Total | |||||||||
| Unrestricted Funds |
17 | 2,653,774 | 518,411 | 207,857 | 3,380,042 | 3,372,010 | |||
| Fair Value Reserve | 17a | 589,000 | 589,000 | 589,000 | |||||
| Restricted Funds |
18 | 137,976 | 137,976 | 138,739 | |||||
| Endowment Fund |
18 | 125,679 | 125,679 | 131,127 | |||||
| Total Funds | 3,242,774 | 518,411 | 207,857 | 137,976 | 125,679 | 4,232,697 | 4,230,876 |
| 2023 | 2022 | |||||||
|---|---|---|---|---|---|---|---|---|
| Note | f | f | ||||||
| Cash used in operating activities |
25 | (76,328) | 392,766 | |||||
| Cash flows from investing | activities | |||||||
| Dividends, interest |
and rents from investments | 87,939 | 47,677 | |||||
| Sale of property | 87,500 | |||||||
| Net cash provided | by/(used | in) investing | activities | 175,439 | 47,677 | |||
| Increase/(decrease) | in cash | and equivalents | in the year | 99,111 | 440,443 | |||
| Cash and cash equivalents | brought | forward | 725,498 | 285,055 | ||||
| Cash and cash equivalents | carried forward | 824,609 | 725,498 | |||||
| Cash and cash equivalents | consist of: | |||||||
| Cash at bank and in | hand | 824,609 | 725,498 | |||||
| Analysis ofchange | in Net Funds | At 1.9.22 | Cash flow | At 31.8.23 | ||||
| f | f | f | ||||||
| Net Cash | ||||||||
| Cash at Bank | 725,498 | 99,111 | 824,609 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| f | f | ||||
| Towards | costs ofChinese Ministry | ||||
| District | 2,620 | 3,397 | |||
| Susanna | Wesley House | 2,500 | |||
| 5,120 | 3,397 | ||||
| . Other Income |
|||||
| 2023 | 2022 | ||||
| f | f | ||||
| Sale ofChurches | 76,938 | 610,321 | |||
| Recovered insurance | premiums | 707 | 532 | ||
| Legacy | 5,085 | ||||
| Miscellaneous | 35,899 | 2,498 | |||
| Unrestricted | Total | 118,629 | 613,351 |
| . |
Grants and D | onations | ||
|---|---|---|---|---|
| 2023 | 2022 | |||
| f | f | |||
| Grants | to churches | and other institutions | 51,688 | 25,265 |
| Grants | and donations to individuals | 195 | ||
| 51,688 | 25,460 |
| General | Designated | Total | 2022 | |||
|---|---|---|---|---|---|---|
| f | f | f | ||||
| Stipends | 209,886 | 209,886 | 200,189 | |||
| National | insurance | Contributions | 17,691 | 17,691 | 17,840 | |
| Pension | Fund Contributions | 42,758 | 42,758 | 44,230 | ||
| Telephone | 4,543 | 4,543 | 4,389 | |||
| Travelling | 5,523 | 5,523 | 6,265 | |||
| Removal | and Relocation Costs | 71 | ||||
| 280,401 | 280,401 | 272,984 |
| Administration | Administration | |||||
|---|---|---|---|---|---|---|
| General | Designated | Total | 2022 | |||
| E | f | f | E | |||
| Salary | 17,807 | 17,807 | 17,073 | |||
| National | Insurance | Contributions | 1,921 | 1,921 | 1,345 | |
| Pension | Fund Contributions | 1,167 | 1,167 | 971 | ||
| Travel | 3,539 | 3,539 | 2,478 | |||
| 24,434 | 24,434 | 21,867 | ||||
| Stipends | and Salaries totals | 304,835 | 304,835 | 294,851 |
| General | CMTF | Total | 2022 | |||||
|---|---|---|---|---|---|---|---|---|
| f | f | f | f | |||||
| District Expenses | 12,942 | 12,942 | 13,337 | |||||
| Methodist | Church | Fund | 85,854 | 85,854 | 97,700 | |||
| Levy on CMTF Funds | 41,775 | 24,013 | 65,788 | 196,028 | ||||
| 140,571 | 24,013 | 164,584 | 307,065 | |||||
| 9. Support Costs |
||||||||
| General | Total | 2022 | ||||||
| f | f | f | ||||||
| Stationery | and Postages | 1,513 | 1,513 | 2,324 | ||||
| Office Telephone | 1,041 | 1,041 | 548 | |||||
| Audit Fee | 3,960 | 3,960 | 3,930 | |||||
| 6,514 | 6,514 | 6,802 | ||||||
| 10. Other Expenses |
||||||||
| General | CMTF | Designated | Restricted | Total | 2022 | |||
| Preaching Fees |
||||||||
| &Travel | 720 | 720 | 579 | |||||
| TMCP Charges | 1,244 | 261 | 1,505 | 415 | ||||
| Training Costs | 282 | 282 | 80 | |||||
| Recoverable | ||||||||
| Insurance | ||||||||
| Premiums | 707 | 707 | 533 | |||||
| Miscellaneous | 14,907 | 14,907 | 13,521 | |||||
| 16,334 | 1,244 | 282 | 261 | 18,121 | 15,128 |
| Other | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Land | Manses | Buildings | Total | |||||||||||||||
| f | f | f | ||||||||||||||||
| Balance Brought Forward | 200,000 | 1,238,835 | 237,835 | 1,676,670 | ||||||||||||||
| Additions | ||||||||||||||||||
| Disposals | ||||||||||||||||||
| Balance Carried Forward | 200,000 | 1,238,835 | 237,835 | 1,676,670 | ||||||||||||||
| Investment Properties (currently |
let | to tenants | not linked to the Church) | |||||||||||||||
| Balance Brought Forward | 1,686,500 | 1,686,500 | ||||||||||||||||
| Additions | ||||||||||||||||||
| Disposals | 87,500 | 87,500 | ||||||||||||||||
| 1,599,000 | 1,599,000 | |||||||||||||||||
| 12. Investment Assets |
||||||||||||||||||
| The funds that | support the | Circuit | Model | Trust | Fund and the Circuit's | other | funds | are held by TMCP | in Trustees | |||||||||
| Interest and/or |
Managed | Equity | Funds | on which | interest | and | dividends | are credited to the accounts each |
||||||||||
| month/quarter. | These are | regarded | as medium | and long-term investments. |
||||||||||||||
| TMCP is the legal owner |
and | custodian | trustee | of all Methodist | model | trust | property, | including | legacies, | |||||||||
| endowments and accumulated |
funds. | Trust property is held for and |
on behalf of | local managing | trustees who |
|||||||||||||
| are responsible | for the day-to-day | management | of trust | property. | TMCP ensure that, |
through | providing | |||||||||||
| guidance and acting under |
their | direction, | the | managing trustees |
comply | with charity law and Methodist law |
||||||||||||
| and policy as determined by the |
Methodist | Conference. | ||||||||||||||||
| 2023 | 2022 | |||||||||||||||||
| f | f | |||||||||||||||||
| Market Value | Brought Forward | 194,374 | 250,860 | |||||||||||||||
| Net Gain/Loss | on Revaluation | (5,448) | (8,873) | |||||||||||||||
| Disposal during the year | (47,613) | |||||||||||||||||
| Market Value | Carried Forward | 188,926 | 194,374 | |||||||||||||||
| Investments at |
fair value comprise: | |||||||||||||||||
| CFB Managed | Mixed Fund | 117,539 | 122,753 | |||||||||||||||
| Royal Bank of | Scotland pic | 3,023 | 3,257 | |||||||||||||||
| Trustees Interest Fund |
68,364 | 68,364 | ||||||||||||||||
| 188,926 | 194,374 |
| Designated | Funds | Funds | Restricted | Restricted | Funds | Funds | Endowment | Endowment | Endowment | Funds | Funds | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 2022 | 2023 | 2022 | 2023 | 2022 | |||||||||||
| E | E | E | E | E | E | |||||||||||
| Market Value | ||||||||||||||||
| Brought Forward | 19,249 | 19,249 | 43,997 | 92,673 | 131,127 | 138,938 | ||||||||||
| Net Gain/(Loss) | ||||||||||||||||
| on Revaluation | (1,061) | (5,448) | (7,811) | |||||||||||||
| Disposal during | the | year | (47,614) | |||||||||||||
| Market Value | ||||||||||||||||
| Carried Forward | 19,249 | 19,249 | 43,997 | 43,998 | 125,679 | 131,127 | ||||||||||
| CFBManaged | ||||||||||||||||
| Mixed Fund | 117,539 | 122,753 | ||||||||||||||
| Royal Bank of | ||||||||||||||||
| Scotland pic | 3,023 | 3,257 | ||||||||||||||
| Trustees | ||||||||||||||||
| Interest Fund | 19,249 | 19,249 | 43,997 | 43,998 | 5,117 | 5,117 | ||||||||||
| 19,249 | 19,249 | 43,997 | 43,998 | 125,679 | 131,127 | |||||||||||
| 3. Debtors and Prepayments |
||||||||||||||||
| ll sums shown |
as debtors | at 1 September | 2022 were received | during | the following | year. | All | sums | paid in |
|||||||
| dvance at 1 | September | 2022 were for | activities that | have been | held | during | 2022/23. | Similarly, | it is expected | |||||||
| hat payments | in advance at | 1September 2023 will be | expensed | in 2023/24. | ||||||||||||
| 2023 | 2022 | |||||||||||||||
| Debtors | f | f | ||||||||||||||
| Recoverable | Expenses | 917 | 205 | |||||||||||||
| Prepayments | ||||||||||||||||
| Stipends, Pension and NIC |
16,219 | 15,084 | ||||||||||||||
| Methodist Insurance |
2,639 | 2,200 | ||||||||||||||
| 19,775 | 17,489 |
| General | Designated | Restricted | Total | 2022 | |
|---|---|---|---|---|---|
| E | E | E | E | E | |
| Central Finance Board | 19,061 | 179,636 | 321 | 199,018 | 174,238 |
| HSBC Bank pic | (4,407) | 15,236 | 10,829 | 17,458 | |
| CAF Bank Ltd | 2,683 | 2,683 | 5,339 | ||
| Cash | 12 | 12 | 141 | ||
| 17,349 | 194,872 | 321 | 212,542 | 197,176 |
| t is expe | cte | d that all sums | accrued at 31August | 2023 will be paid | during the year | ended 31A |
|---|---|---|---|---|---|---|
| General | Designated | Total | 2022 | |||
| E. | E | E | E | |||
| Income in | Advance | |||||
| Assessments | in Advance | 97,706 | 97,706 | 95,085 | ||
| Grant in Advance | 2,620 | |||||
| Rent in Advance | 3,750 | 3,750 | ||||
| Creditors | and | Accruals | ||||
| Ministers' | Expenses | 1,128 | 1,128 | 1,086 | ||
| Audit Fee | 3,960 | 3,960 | 3,780 | |||
| CPF Levy | 22,000 | 22,000 | 28,080 | |||
| Others | 226 | 2,514 | 2,740 | 9,004 | ||
| 125,020 | 6,264 | 131,284 | 139,655 |
| 2023 | 2022 |
|---|---|
| E | E |
| 518,411 | 436,960 |
| 2023 | 2022 |
|---|---|
| E | E |
| 207,857 | 186,117 |
| Balance at | Gains/ | Balance at | ||||
|---|---|---|---|---|---|---|
| 1.9.2022 | Income | Expenditure | Transfers | (Losses) | 31.8.2023 | |
| E | E | E | E | E | E | |
| General | 3,337,933 | 560,956 | 502,779 | (153,336) | 3,242,774 | |
| Circuit Model Trust | 436,960 | 18,089 | 68,300 | 96,499 | 35,163 | 518,411 |
| Total Unrestricted | ||||||
| &Undesignated | 3,774,893 | 579,045 | 571,079 | (56,837) | 35,163 | 3,761,185 |
| Susanna Wesley |
||||||
| House | 2,124 | 2,124 | ||||
| Manses | 134,428 | 16,473 | 27,000 | 144,955 | ||
| Removal & | ||||||
| Relocation | 5,164 | 1,500 | 6,664 | |||
| Quinquennial | (3,815) | 3,600 | 1,500 | (5,915) | ||
| Prison | 142 | 142 | ||||
| Training | 5,026 | 609 | 282 | 5,353 | ||
| Dunkirk | 23,799 | 23,799 | ||||
| Greenhill Bursary |
19,249 | 19,249 | ||||
| Ukraine | 14,450 | 2,964 | 11,486 | |||
| Total Designated | 186,117 | 15,059 | 23,319 | 30,000 | 207,857 | |
| Total Unrestricted | 3,961,010 | 594,105 | 594,398 | (26,837) | 35,163 | 3,969,042 |
| Benevolent | 319 | 319 | ||||
| Borrowash House |
91,483 | 2,936 | 761 | 93,658 | ||
| Queen's Hall |
2,938 | (2,938) | ||||
| Bequests | 43,999 | 43,999 | ||||
| Total Restricted | 138,739 | 2,936 | 761 | (2,938) | 137,976 | |
| Bequests | 131,127 | 5,387 | (5,388) | (5,448) | 125,679 | |
| Total Restricted | ||||||
| &Endowment | 269,866 | 8,323 | 761 | (8,326) | (5,448) | 263,657 |
| Total ofAll Funds | 4,230,876 | 602,428 | 595,159 | (35,163) | 29,716 | 4,232,697 |
| General | CMTF | Designated | Restricted | Endowment | Total | 2022 | ||
|---|---|---|---|---|---|---|---|---|
| Tangible | Fixed Assets | 1,676,670 | 1,676,670 | 1,676,670 | ||||
| Fixed Asset | ||||||||
| Investments | 19,249 | 43,997 | 125,680 | 188,926 | 194,374 | |||
| Current | Assets | 1,691,124 | 518,411 | 194,872 | 93,979 | 2,498,386 | 2,499,487 | |
| Current | Liabilities | (125,020) | (6,264) | (131,284) | (139,655) | |||
| 3,242,774 | 518,411 | 207,857 | 137,976 | 125,680 | 4,232,698 | 4,230,876 | ||
| Fund balance at 31August 2022 are represented | by: | |||||||
| General | Designated | Restricted | Endowment | Total | 2021 | |||
| Tangible | Fixed Assets | 1,676,670 | 1.676,670 | 1,961,670 | ||||
| Fixed Asset | ||||||||
| Investments | 19,249 | 43,998 | 131,127 | 194,374 | 250,860 | |||
| Current | Assets | 1,800,838 | 437,040 | 166,868 | 94,741 | 2,499,487 | 1,634,442 | |
| Current | Liabilities | (139,575) | (80) | (139,655) | (134,142) | |||
| 3,337,933 | 436,960 | 186,117 | 138,739 | 131,127 | 4,230,876 | 3,712,830 |
| 25. Reconciliation of Net Income to Net Cash Flow from Operating |
25. Reconciliation of Net Income to Net Cash Flow from Operating |
Activities | ||
|---|---|---|---|---|
| 2023 | 2022 | |||
| E | E | |||
| Net Income/(Expenditure) | Before Transfers | 1,821 | 518,046 | |
| Deduct gain on revaluations | (160,000) | |||
| Add Loss(Deduct Gains) on | Investments | 5,447 | 8,873 | |
| Add Cash from sale ofinvestments | 47,613 | |||
| Deduct Dividends, Interest |
and Rents from Investments | (87,939) | (47,677) | |
| Decrease/(Increase) in Debtors |
12,714 | 20,398 | ||
| Increase/(Decrease) in Creditors |
(8,371) | 5,513 | ||
| Net Cash Used in Operating | Activities | (76,328) | 392,766 |
| Circuit | |||||||
|---|---|---|---|---|---|---|---|
| Model | Total | ||||||
| General | Trust | Designated | Restricted | Endowment | 2022 | ||
| Incoming Resources | |||||||
| Income from | |||||||
| Monetary Investments |
551 | 3,842 | 93 | 1,140 | 2,586 | 8,212 | |
| Income from | |||||||
| Investment Properties |
2,500 | 36,965 | 39,465 | ||||
| Assessments | |||||||
| on Churches | 395,579 | 395,579 | |||||
| Grants Received | 3,397 | 3,397 | |||||
| Other Income | 3,030 | 610,321 | 613,351 | ||||
| Total Incoming Resources | 405,057 | 614,163 | 37,058 | 1,140 | 2,586 | 1,060,004 | |
| Expenditure | |||||||
| Grants and Donations | 20 | 25,265 | 175 | 25,460 | |||
| Salaries and | |||||||
| Associated Costs | 294,780 | 71 | 294,851 | ||||
| Property Expenses |
27,286 | 16,493 | 43,779 | ||||
| District &Connexial | Levies | 105,036 | 202,029 | 307,065 | |||
| Office Expenses | 6,802 | 6,802 | |||||
| Other Outgoings | 14,633 | 135 | 260 | 15,128 | |||
| Total Expenditure | 448,557 | 227,394 | 16,874 | 260 | 693,085 | ||
| Net Income Before | |||||||
| Investment Gains/(Losses) |
(43,500) | 386,769 | 20,184 | 880 | 2,586 | 366,919 | |
| Gains/(Losses) on |
|||||||
| Monetary Investments |
(1,060) | (7,813) | (8,873) | ||||
| Gains/(Losses) on |
|||||||
| Investment Properties |
160,000 | 160,000 | |||||
| Net Incoming/(Outgoing) | |||||||
| Resources Before Transfers | 116,500 | 386,769 | 20,184 | (180) | (5,227) | 518,046 | |
| Transfers Between Funds | 3,198 | 15,000 | 32,000 | (47,614) | (2,584) | ||
| Net Movements in Funds |
119,698 | 401,769 | 52,184 | (47,794) | (7,811) | 518,046 | |
| Reconciliation of Funds |
|||||||
| Total Funds | |||||||
| Brought Forward | 3,218,235 | 35,191 | 133,933 | 186,533 | 138,938 | 3,712,830 | |
| Total Funds | |||||||
| Carried Forward | 3,337,933 | 436,960 | 186,117 | 138,739 | 131,127 | 4,230,876 |
| Balance at | Gains/ | Balance at | ||||
|---|---|---|---|---|---|---|
| 1.9.2021 | Income | Expenditure | Transfers | (Losses) | 31.8.2022 | |
| E | E | E | E | E | E | |
| General | 3,218,235 | 405,057 | 448,557 | 3,198 | 160,000 | 3,337,933 |
| Circuit Model Trust | 35,191 | 614,163 | 227,394 | 15,000 | 436,960 | |
| Total Unrestricted | ||||||
| &Undesignated | 3,253,426 | 1,019,220 | 675,951 | 18,198 | 160,000 | 3,774,893 |
| susanna Wesley |
||||||
| House | 2,124 | 2,124 | ||||
| Menses | 84,417 | 36,965 | 14,954 | 28,000 | 134,428 | |
| Removal & |
||||||
| Relocation | 2,735 | 71 | 2,500 | 5,164 | ||
| Quinquennial | (3,776) | 1,539 | 1,500 | (3,815) | ||
| Prison | 142 | 142 | ||||
| Training | 5,243 | 93 | 310 | 5,026 | ||
| Dunkirk | 23,799 | 23,799 | ||||
| Greenhill Bursary |
19,249 | 19,249 | ||||
| Total Designated | 133,933 | 37,058 | 16,874 | 32,000 | 186,117 | |
| Total Unrestricted | 3,387,359 | 1,056,278 | 692,825 | 50,198 | 3,961,010 | |
| Benevolent | 319 | 319 | ||||
| Borrowash House |
91,315 | 428 | 260 | 91,483 | ||
| Queen's Hall |
50,900 | 712 | (47,614) | (1,060) | 2,938 | |
| Bequests | 43,999 | 43,999 | ||||
| Total Restricted | 186,533 | 1,140 | 260 | (47,614) | (1,060) | 138,739 |
| Bequests | 138,938 | 2,586 | (2,584) | (7,813) | 131,127 | |
| Total Restricted | ||||||
| &Endowment | 325,471 | 3,726 | 260 | (50,198) | (8,873) | 269,866 |
| Total of All Funds | 3,712,830 | 1,060,004 | 693,085 | 151,127 | 4,230,876 |