2023-08-31-accounts - The Methodist Church, North Fylde Circuit

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			Notes to the Accounts	General Fund (Urirestricted) 2	General Fund (Urirestricted) 2	Circuit Model Trusts (Unrestricted) 2	Circuit Model Trusts (Unrestricted) 2		Restricted Funds	Endowment Funds	Totals 2022I23	O Totals 2021/22	GN
Fixed Assets
Circuit Menses 8 Equipment			4 menses	1,385,000							1,385,D00	1,214,347
investment properties			2 menses	714,000							714,000
Investments											D
Toml ererr assam				2,099,000			0	0	0	0	2,099,000	1,214,347
Current Assets
Debtors					7,691						7,691	-23,947
Loans by the Circuit
Investmenls with TMCP						329,482				27,14D	356,622	403,716
Central Finance Board Deposits				109,798							109,798	150,064
Cash at Bank and in hand					27,041				379		27,420	28,0DI
Total cunent		assets		129,148		329,482			379	27,140	486,149	667,834
Current liabilities
Creditors (due in under I year)
Greriu payable within 2023-24											62,000	47,00tl
Total cunmrt	aib5ilies						02,008				62,000	47,000
Net conan tasselsrua		bilmes		129,148		267,482			379	27,140	424,149	510,834
Tolal assebr less current	liabgmes			2,228,145		267,482		0	379	27,140	2,523,149	1,725,181
Long term liabilities
(due after more than one	ear)
Ginnie payable after 2023-24							32,000				32,000	59,000
Loans to fhe Ciruat
				2,228,146		235,482			379	27,140	2,491,149	1,666,181	W
Funds ofthe Circuit
General Fund (Unrestncted)				2,228,148							2,228,148	1,368,086
Circuit Model Trust Fund (Unresbicted)						235,482					235,482	270,251	W
Designated Funds (Unrestncled)
Total Unrestricted		Funds									2,463,630	1,638,337
Resldcted Funds									379		379	379
EndowmenlFunds										27,140	27,140	27,309
Total		Funda		2,228,148		236,402		0	379	27,140	2,491,149	1,666,115
Note R Menses value increased		to							Si Red
show insurance vatuahon

			Notes to		Circuit IModel	Designated
			the	General Fund	Trust	Funds		Restricted	Endowment	Total
			accounts	(Unrestricted)	(Unrestricted)	(unrestricted)		Funds	Funds	2022-23
				r.	f	2		2	2	6
Income
1 Donations and legaoes										0
2 Income from monetary investments				5,446	10,708					16,154
3 Income from investment	properties			22,380						22,380
4 Assessments on Churches				175,754						175,754
5 Capital Receipts										0
6 Grants received										150
7 Other charitable income
8 Total Income				203,730	10,708					214,438
Expenditure
9 Grants and donations					10,000					10,000
10Salaries and associated	costs			150,029						150,029
11 Property maintenance				36,536						36,536
12Connexional assessment	8	model trust	levy		20,560					20,560
13Distnct Assessment 5 Levy				59,972						59,972
14 Depreciation										0
15Office expenses				2,325						2,325
16Other outgoings				6,461						6,461
17Total charitable expenditure				255,323	30,560		0	0	0	285,883
18Gains/(losses) on monetary		investments			608					-608
19Gains/(losses) on investment		properhes
20 Net income/(expenditure)				-51,593	-20,460				0	-72,053
21 Transfers between funds				27,000	27,000					0
22 Other gains/(losses)										0
23 Net movement in funds				-24,593	-47,480				0	-72,053
24Total funds brought forward				153,739	376451			378	27,399	557,767
25Total funds carriied forward				129,146	328,791			378	27,399	485,714

			Notes to the Accounts	General Fund (Urirestricted) 2	General Fund (Urirestricted) 2	Circuit Model Trusts (Unrestricted) 2	Circuit Model Trusts (Unrestricted) 2		Restricted Funds	Endowment Funds	Totals 2022I23	O Totals 2021/22	GN
Fixed Assets
Circuit Menses 8 Equipment			4 menses	1,385,000							1,385,D00	1,214,347
investment properties			2 menses	714,000							714,000
Investments											D
Toml ererr assam				2,099,000			0	0	0	0	2,099,000	1,214,347
Current Assets
Debtors					7,691						7,691	-23,947
Loans by the Circuit
Investmenls with TMCP						329,482				27,14D	356,622	403,716
Central Finance Board Deposits				109,798							109,798	150,064
Cash at Bank and in hand					27,041				379		27,420	28,0DI
Total cunent		assets		129,148		329,482			379	27,140	486,149	667,834
Current liabilities
Creditors (due in under I year)
Greriu payable within 2023-24											62,000	47,00tl
Total cunmrt	aib5ilies						02,008				62,000	47,000
Net conan tasselsrua		bilmes		129,148		267,482			379	27,140	424,149	510,834
Tolal assebr less current	liabgmes			2,228,145		267,482		0	379	27,140	2,523,149	1,725,181
Long term liabilities
(due after more than one	ear)
Ginnie payable after 2023-24							32,000				32,000	59,000
Loans to fhe Ciruat
				2,228,146		235,482			379	27,140	2,491,149	1,666,181	W
Funds ofthe Circuit
General Fund (Unrestncted)				2,228,148							2,228,148	1,368,086
Circuit Model Trust Fund (Unresbicted)						235,482					235,482	270,251	W
Designated Funds (Unrestncled)
Total Unrestricted		Funds									2,463,630	1,638,337
Resldcted Funds									379		379	379
EndowmenlFunds										27,140	27,140	27,309
Total		Funda		2,228,148		236,402		0	379	27,140	2,491,149	1,666,115
Note R Menses value increased		to							Si Red
show insurance vatuahon

			Notes to		Circuit IModel	Designated
			the	General Fund	Trust	Funds		Restricted	Endowment	Total
			accounts	(Unrestricted)	(Unrestricted)	(unrestricted)		Funds	Funds	2022-23
				r.	f	2		2	2	6
Income
1 Donations and legaoes										0
2 Income from monetary investments				5,446	10,708					16,154
3 Income from investment	properties			22,380						22,380
4 Assessments on Churches				175,754						175,754
5 Capital Receipts										0
6 Grants received										150
7 Other charitable income
8 Total Income				203,730	10,708					214,438
Expenditure
9 Grants and donations					10,000					10,000
10Salaries and associated	costs			150,029						150,029
11 Property maintenance				36,536						36,536
12Connexional assessment	8	model trust	levy		20,560					20,560
13Distnct Assessment 5 Levy				59,972						59,972
14 Depreciation										0
15Office expenses				2,325						2,325
16Other outgoings				6,461						6,461
17Total charitable expenditure				255,323	30,560		0	0	0	285,883
18Gains/(losses) on monetary		investments			608					-608
19Gains/(losses) on investment		properhes
20 Net income/(expenditure)				-51,593	-20,460				0	-72,053
21 Transfers between funds				27,000	27,000					0
22 Other gains/(losses)										0
23 Net movement in funds				-24,593	-47,480				0	-72,053
24Total funds brought forward				153,739	376451			378	27,399	557,767
25Total funds carriied forward				129,146	328,791			378	27,399	485,714