| Unrestricted | Unrestricted | |||||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| Notes | 2021 | 2020 | ||||
| 0 | ||||||
| Income | ||||||
| Rent received | 26,595 | |||||
| Investment income |
56,367 | 62,922 | ||||
| Interest receivable | 182 | 494 | ||||
| 56,549 | 90,011 | |||||
| Expenditure | ||||||
| Grants payable | 461,995 | 171,652 | ||||
| Property expenses |
5,146 | 10,676 | ||||
| Administration | expenses | 8,403 | 3,991 | |||
| TMCP administration | fees | 5,097 | 4,265 | |||
| 480,641 | 190,584 | |||||
| Net expenditure | (424,092) | (100,573) | ||||
| Loss on the sale | ofthe | property | (26,534) | |||
| Gain/(loss) on revaluation |
ofinvestments | 660,591 | (441,458) | |||
| Net movement | in funds | 236,499 | (568,565) | |||
| Fund balances b/fwd | 2,525,610 | 3,094,175 | ||||
| Fund balances c/fwd | 2,762,109 | 2.525.610 |
| Notes | 2021 | 2020 | ||||
|---|---|---|---|---|---|---|
| Fhred assets | ||||||
| Investments | 2,512,043 | 2,490,913 | ||||
| Current assets | ||||||
| Debtors | 6 | 4,409 | 14,677 | |||
| Methodist Church Central Finance |
||||||
| Board: | ||||||
| CFBdeposit account | 244,692 | 1,655 | ||||
| Trustees interest fund | 83 | |||||
| Cash at bank | and in hand | 3,065 | 20,382 | |||
| 252,166 | 36,797 | |||||
| Creditors: amounts falling due | ||||||
| within one year | 7 | (2,100) | (2,100) | |||
| Net current | assets | 250,066 | 34,697 | |||
| Net assets | 2762 109 | 2525610 | ||||
| Funds | ||||||
| Unrestricted | funds | 2.762,109 | 2,525,610 | |||
| 2762 109 | 2525610 | |||||
| Approved by |
the Trustees on ...................... | 2022 | ||||
| Rc dPJBo | ||||||
| BRobe s |
Tfeasmer |
| 2 | Grants | 2021 | 2020 | ||||
|---|---|---|---|---|---|---|---|
| g | |||||||
| Financial support for |
Forces Committee | work: | |||||
| Forces Board | 250,000 | 150,000 | |||||
| Royal Army Chaplain's | Museum | 10,000 | |||||
| North Camp Methodist | Church | for Family Workers | 11,995 | 11,652 | |||
| North Camp Methodist | Church | 200,000 | |||||
| 461,995 | 171,652 | ||||||
| 3 | Property expenses |
2021 | 2020 | ||||
| Repairs | 810 | 480 | |||||
| Flat management fees |
1,224 | ||||||
| Other flat costs | 1,274 | ||||||
| Rates etc | 1,422 | ||||||
| North Camp Methodist | Church | - repairs | to fabric ofbuilding | 1,315 | |||
| Insurance | 3,091 | 4,725 | |||||
| Legal fees | 236 | ||||||
| North Camp Methodist | Church | - re car | park | 1,245 | |||
| 5.146 | 10.676 | ||||||
| 4 | Administration expenses |
2021 | 2020 | ||||
| Comminee expenses |
274 | 1,536 | |||||
| Legal 410professional |
fees | 5,729 | |||||
| Audit fees | 2,400 | 2,440 | |||||
| Sundry expenses | 15 | ||||||
| 6.403 | 3.991 |
| Quoted | investments | |||||||
|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||||
| g | g | |||||||
| At fair value | ||||||||
| At I September 2020 | 2,490,913 | 2,132,350 | ||||||
| Disposals at opening |
market value | (557,965) | ||||||
| Additions | 800,021 | |||||||
| Revaluation | 579,095 | (441,458) | ||||||
| At 31 August 2021 | 2,512,043 | 2,490,913 | ||||||
| Historical cost | 1,471,054 | 1,900,737 | ||||||
| All investments are |
held with the Trustees for Methodist | Church Purposes. | ||||||
| 6 | Debtors | 2021 | 2020 | |||||
| g | g | |||||||
| Accrued income | 4,409 | 14,677 | ||||||
| 7 | Creditors: amounts | falling due within one year | 2021 | 2020 | ||||
| Accruals | . 00 | . 11 | ||||||
| Property | ||||||||
| General | maintenance | |||||||
| 8 | Analysis ofcharitable | funds | reserve | reserve | Total | |||
| g | ||||||||
| At 1 September 2020 | 2,461,610 | 64,000 | 2,525,610 | |||||
| Net surplus/(deficit) | on | revaluation | ofinvestments | 579,095 | 579,095 | |||
| Profit/(loss) on sale |
ofinvestments | 81,496 | 81496 | |||||
| Transfers between funds |
64,000 | (64,000) | ||||||
| Deficit for the year | (424,092) | (424,092) | ||||||
| At 31 August 2021 | 2,762,109 | — | 2,762.109 | |||||
| Previous year | ||||||||
| At 1 September 2019 | 3,030,175 | 64,000 | 3,094,175 | |||||
| Net surplus/(deficit) | on | revaluation | ofinvestments | (441,458) | (441,458) | |||
| Loss on sale ofproperty | (26,534) | (26,534) | ||||||
| Profit/(loss) on sale |
ofinvestments | |||||||
| Transfers between funds |
||||||||
| Deficit for the year | (100,573) | (100,573) | ||||||
| At 31 August 2020 | 2461.610 | 6 .000 | .5 56 0 |
| 9 | Capital comndtments | 2021 | 2020 |
|---|---|---|---|
| 0 | |||
| Future commitments | 38,138 | 300,133 |