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2020-08-31-accounts

Qrcuif Model' Qrcuif Model'
income Notes tothe
accounts
General Fund
I
Trusb
(Unrestricted)
(Unrestricted)
f
g
Designated
Funds
(unrestricted)
6
I fridowment
Fun@a
Total 2018-
19
f
Donations and legacies
Income from monetary
investments
Income from investment
properties
Assessments
an Churches
Capital Receipts
Grants received
Other charitable
income
Total income
4
5
6
7
8
9
10
16,567
56
1,6oo
I
208,628'.
i
201,967
14,780
10,315==
453,913
t
2,'4&i,
w
,4%pKd
.L
455,433
~u 378 16,567
2,917
1,60O
208,628
654,917
14,780
10,315
Ex(tenditure
Grants and donations
Salaries and associated costs
Property maintenance
Connexional
assessment
&model trust le
District Assessment
& Levy
Capital Purchases
11
12
13
14
15
2,7491„
103,895
Il
18,499
40,936 ' —gx
211,326

40(
12,749
143,895
tgvtoo
40,936
220,077
Office expenses
Other outgoings
Total charitable expenditure
Gains/(losses)
on monetary
investments
Gains/(losses)
an property
disposals/rev
Net income/(expenditure)
Transfers between
funds
16
17
18
19
16,038,
r
47,475 n
440,918
(250,2
)
(237,208)
a~
I
59,201
396,241
32 16,03$ 47,957
500,151
327
250 203)
159,697
Other gains/(lasses)
Net movement
in funds
Total funds brought forward
Total funds canied forward
(237,208)
1,168,446
931,238
396,241
621,265
17,340 159,697
1,410,146
1,569,843

Circuit Model'
Notes tothe General Fund Trust Designated Funds Endowment Total 2019-
accounts (Unrestricted) (Unrestrtcted) (unrestricted) Funds~ 20
E - i& E
income
Donations and legacies
income from monetary
investments
income from investment
properties
Assessments
on Churches
Capital Receipts
Grants received
Other charitable
income
Total mcome
4
5
6
7
8
9
10
16,342
58
1,200
196,632
29.439
14,010
1,633
259,314
2;fig
34r2%8,
96,816
3,341
-l='
11808
15,149
Y
i:
268
19,683
2,984
1,209
196,632
123,597
14,010
23Wt
371,547
Expenditure
Grants and donations
Salaries and associated costs
Property
maintenance
Connexional
assessment 8model trust
District Assessment 6 Levy
Capital Purchases
Office expenses
Other outgoings
Total charitable
expenditure
Gains/(losses)
on monetary
investments
Gains/(losses)
on property disposals/rev
levy
11
12
13
14
15
16
17
18
364
'
113,499, ,
44,814 j
'
'
40,936
I
39,492
145 L
14,5381
12,027 ' ~
265,815
~
3~72.
rtciy
560,243
662
1,153.
1,815
2,258 1,026
150,774
55,603
40,936
77,336
451/L76
14,538
57,402
829,091
(168)
Net income/(expenditure)
Transfers between
funds
19 921338
89,894
(463440) 13,334 (1,105) 470,127
Other gains/(losses) ~
Net movement
in funds
Total funds brought forward
Total funds carried forward
931,238 )
1,942,470
1011232
67,931
(553334)
13,334
13934
16,235
(1,105
470,127
1,569,843
2,039,970

notes to Generalpund
(Unrestricted)
6ircuttlMbzeh
Trite)i
Designated
Funds
(Unrestrlned)
Designated
Funds
(Unrestrlned)
,Eriduwnulrl
Fureis)
L
Totals 2019/20 Totals 2018/19
Accounts
Feed Assets
Circuit Menses It Equi
ment
Investment
properties
Investments
Total)feed ossah
Cu
nt Assets
D btois
Loans
the Circuit
Investmerm
with TMCP
Central Finance Board Deposits
ass
ananin
n
20
20
21
22
23
1,129,328
655499
1,784,827
17826
8136
J' ll 1,129,328
655,499
17,826
84166
8136
a
9732
360
638605
8079
eab'tides
Totrrl crrnwrt ossels
171,267 67,931 13.334 tg~ 268,767 68978
725,754
Creditors (due in under 1year)
Grants payable
within 2018-19
25 13,624 13,624
Total current li obili tier 13624
Nm currant omefs/liabdafes 157,643 1 899
71 855
Tofnl enate less meant liabill des
1.942,470 67,932 16235 2,039,970 1,569,$u
Long term liabilities
(due after more than Dne year)
Gran
aya
a e
Loans tothe Circun
Net ossets 2,942/)70 67,931 13,334 16,235 2,039,970 1,569,843
Funds ofthe Circuit
IF nd
Unrestricted
Circuit Model Trust Fund (Unrestricted)
26
26
1942rq70 1,942,470 931,238
Designated
Funds (Unrestricted)
rond unresehted r nab
26 13,334 67,931
13,334
621,265
Restricted Funds 8023,733
Endowment
Funds
26
Total suede 67,931 13,334 16,235 16,235
2,039,970
17,340
2,5692MB
Approved
byere board oftrustees onXY...X....,..I......and
signed on its behalf by:

The Lizard and Mounts Bay and Mounts Bay Nlethodiat Circuit
4.Donations
and legacies
Unrestricted Circuit Nlodel
Tnlst Fund
Designated
Funds
(unrestricted)
Endowment 2020
Total
2019
Total
E tg E
Donations
Le acies
16,342 3,341 19,683 16,567
Total 26,342 -. '
3,341
= 19,683 16,567
5.Income from monetary
Central Finance Board
HSBC
investments Unrestricted
i
f
58
Designated
Orzuit'Model
'—.
~
Funds
Trust Funk
(unrestricted)
E
Endowment 2020
Total
2019
Totai
E
55
TMCP
Total
58 L 2,558 2,926
2,984
1
2,862
2,917
6.Income from Investment properties Unrestricted' , Eiycu))INbdeI
— '7,u4,a)
Designated
Funds
(unrestricted)
(
me
E 2020
Total
2029
Total
Lettmgs (Townshend
Cemetery)
E E
Lettings (Godolphin
Chapel)
Lettings (Burhos)
Total
1,200
2200
1,200
2 200
1,600
1600
7 Assessments
on Churches
Unrestricted i glrsuit(MOdiif
~
T)zm((mLS F™un
Designated
Funds
(unrestricted)
me ~ 2020
Total
2019
Total
F.
Balwesl Methodist
Chapel
Breaney Methodist
Chapel
Central
Methodist
Church
Crowlas
Methodist
Chapel
Cury Methodist
Chapel
4,409
11,953
(
52,084,
8,271
4,409
11,953
52,084
8,271
4,264
11,560
53,904
9,480
Goldsiihney
Methodist
Chapel
Leedstown
Meihodisi Chapel
Marazion
Methodist
Church
Meneage
Methodist
Chapel
Mullion Methodist
Chapel
Porlhleven
Methodist
Church
Ruan Minor Methodist
Church
The Lizard Methodist
Chapel
Trinity Methodist
Chapel
United Methodist
Church StKeverne
Total
11,275
10,500
14,774
7,477
18,210
26,281
4,653
I
7,395
9,409,
9,941
i
196,632
11,275
10,500
14,774
7,477
18,210
26,281
4,653
7,395
9,409
9,941
296,632
4,452
13,092
11,641
14,288
8,349
16,274
28,668
4,500
7,152
10,440
10564
208,628
8 Capital receipts
Gross sale proceeds (Boslan gardens)
Gross sale proceeds (Chapel buildings)
Gross sale proceeds (Manse)
CPF levy on property sales
Total
Unrestdcted
f
C.
. M d
I
Circuit
odel
Trust Fund
6
123,597
(29,439)
94,158
Designated
Funds
Endowment
(unrestricted)
,E;
2020
Total
E
123,597
(29,439)
94,158
2019
Total
E
330,879
324,038
(201,967)
452,950
The Lizard and Mounts Bay Nlethodlst Nlethodlst Circuit
9.Grants received
Cornwall
Distdict
Unrestricted
f
14,010
Circuit Model
Trust Fund
Designated
Funds
(unrestricted)
f
Endowment
6
2020
Total
E
14,010
2019
Total
f
14,780
Total 24I010 14,010 14,780
10.Other Charitable
Income
Photocopying
Youth Events
Other
Total
Unrestricted
683
290
660
1,633
Designated
firfuit. Model
'.~™~
I
Funds
Endowment
%ushsrtnd
(unrestricted)
lg,
f
n
.
11,808
'
=
'
w
11,808',
2020
Total
f
683
290
12,468
13,441
2019
Total
f
1,231
2,629
6,455
10,315
11.Grants and donations
paid
Methodist
chadities
Unrestdicted Qrcu(t Jledr(l
gpss)
Designated
Funds
(unrestricted)
f
i JJ
~ l
Endowmgnt
~
2020
Total
f
2019
Total
f
Methodist
Church
in Circuit
271
Non-Methodist
charities
Total
662
364I:i13
662 r
dhrU'
~i'
~A
1,026
1,026
10,000
247
8
12,749
12.Salaries and associated costs
Ministers'
Stipends
Ministers'
NIC
Ministers'
Superannuation
Ministers'
Travelling
Removalcosts
Circuit Administrator
Salary
Clerical Support Worker Salary
Employees
NIC
CAP Worker Salary
CAP Travel
SWYM Worker Expenses
SWYM Workers Travel
Apprenticeship
Levy
Other Travel e.g. Visiting Ministers
Unrestricted
E
77,536
7,106
2O,OSS
I
8,355
'
113,499
CircuiuM~lo
el
T(uLt)I))((
3(57a
1'87720
1;38))
89+
379
1,483
l
3,419
37,275
Designated
Funds
(unrestricted)
f
I
l
End~ament
P'h l~
~I
I
~ sr'(
v ~
~
I
r
2020
Total
f
77,536
7,106
20,055
8,355
3,570
18,720
1,384
8,320
379
1,483
3,419
447
150,774
2019
Total
62,233
5,139
16,253
10,679
5,808
4,004
18,720
1,527
8,320
902
3,498
5,680
536
597
143,895
The Lizard and Mounts Ba Methodist Greeit
13property
maintenance
Unrestli GrcultModel
T,'l, pu„d
Designated
Funds
(unrestdcted)
gd&w
l
2020
Total
2019
Total
Premises
Insurance-Boslan
Premises Insurance-Helston
Premises
Insurance-Mullion
Business Insmance
Repairs and Renewals-Boslan
Repairs and Renewals-Helston
Repairs and Renewals-Mullion
Repairs-Other
558,
1,125
384
408
(104)F—
1,736
I
1,351
11
5
558
1,125
384
408
(104)
1,736
1,351
E
540
191
371
408
532
242
Townsend
Cemetery Costs
Burhos Chapel costs
1,381 1,381 89
1,260
Chynhale
Chapel costs
2,555 934
Kenneggy
Chapel Costs
37,515 13,215
Land at Carleen 8,234 7'I6
CuryCha
el Expenses
103
357
14District Assessment &Levy 14District Assessment &Levy Unrestncted I grtrml I grtrml ~ Designated
Funds
(unrestricted)
Designated
Funds
(unrestricted)
2020
Total
2019
Total
District Assessment
District Levy
E
10,053
E 5
10,053
9,360
CPF Levy 39
39A92
' C F39)()441 37,844
29,439
77,336
8,751
201,966
220,077
15Capital Purchases Unrestricted I Clfg r v Designated
Funds
(unrestricted)
2020
Total
2019
Total
Purchase of Helston Manse E E
Legal Fees 145L 450,000
1,476
16 Office expenses Unrestricted
E
GTrc()lb
r(gst
Mod)dl
Designated
Funds
gundi
(unrestricted)
en 2020
Total
2019
Total
Circuit Oflice Rent
Conference
Minutes,
CPD's, Diades, Publications etc
Postage and Carriage
Office Stationery
Ministers Resource, Stationery &Postage
Telephone-Circuit
Office
Telephone-Boslan
Telephone-Helston
Telephone-Mullion
Tele hone - Marazion
Computer &Software
Payroll Admin Charge
Photocopier-Circuit
Office
Photocopier-Boslan
1,200
198
268
443
3,803
690
162
551
1,094
596
1,632
480
3,414
L E
1,200
198
268
443
3,803
690
162
551
1,094
596
1,632
48D
3,414
E
250
256
282
576
7,420
764
206
537
556
565
495
480
3,648
14,538 7
14,538
4
16,038
17.Other outgoings Unrestricted Circuit Model
Trust Fund
Circuit Model
Trust Fund
Circuit Model
Trust Fund
Designated
Funds
(unrestricted)
Endowment 2020
Total
2019
Total
Trave! expenses etc, Lay Workers
SWYM worker fees / tuition fees/ allowanc
CAP expenses
Manse rates
Manse water rates
Ordination
event
1,834
5,610
851
382)32.
3,620
k. f
1,834
18,032
3,620
5,610
851
F.
3,737
18,651
4,148
5,136
1,041
Independent
examiner fee
Youth Events
Circuit Holiday
Other
Total
260
1,497
1975
12,027
1
' —::2
)
1,153 260
1A)97
5,698
37p402
250
6,912
4,622
3,460
47,957
18. Gains/(losses)
on property disposals/revaluations
Unrestricted s
rc
Designated
Funds
n 2020 2019
Assets
rau hiinta
ih
ccavnts
! (unrestricted)
6
Toiial
f
Total
atnets
I
aceedsarinsurance
v I
Degibna Prayer Chapel
Carlean Meadows
(sold post y/e)
450,565
154,934
450,565
154,934
Helston Manse
(272,418)
Helston Manse
~pr Siait~revr~lv gi
Boslan Manse
Mullion
Manse
Helston Manse (legal fees)
Kenneggy
Chapel (reduction
in value)
451,476
13,404
8,936
(1,476)
(150,000)
451,476
13,404
8,936
(1,476)
(150,000)
13,329
8,886
19.Transfers between funds $y
UnrestrictedI(',
(
Designated
Funds
(unrestdicted)
2020
Total
2019
Total
Investment
income on TMCP funds
Expenses forprioryears
drawn
down
2,295 (f,29 f f
form TMCPfunds this year: I
Clerical Support Worker
CAP Debt Consellor
SWYM Workers (x2)
11,131
6,224
18,631
'(fi,t31)
P2$4)i
(18635),
Godolphin
costs
investment
Income
Chynhsle
Burhos
2,490
6,121
32,242
1,795
(2Y490)
(6,121)
(32,242)
(1;795)
Kanneggy
Other
3,047
5,918
(3,047)
(5,918)
89,894 . f89,894)
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21Debtors and prepayments Unrestricted Circuit
Trust
Circuit
Trust
Circuit
Trust
Circuit
Trust
Model
Fund
Model
Fund
Designated
Funds
(unrestricted)
Designated
Funds
(unrestricted)
Designated
Funds
(unrestricted)
Endowment 2020
Total
2019
Total
Debtors
Church Assessments
received late
Other Debtors 5,062 . 5,062 6,967
Pre a ments
Stipends, Pension,
Nl
Other Prepa
ments
8,917
3,847
17,826
i
.
1
Iw 8,917
3,847
17,826
2,765
9,732
22 Investments
with TMCP
Unrestricted Ciscara
t
Mi(dy)
I
ndr —
I
Designated
Funds
(unrestrkged)
E 2020
Total
2019
Total
CP - Cisun Model Trust Fund 8 f E
CFBManaged
Mixed Fund
rustees Interest Fund
710 723
TMCP - Endowment
(EM Frlggins)
67,221 620,542
CFBManaged
Mixed Fund
Trustees Interest Fund
CFBMngd Fixed Interest Fund
Trust Income Balance
10,462
2,300
3,473
10,650
2,300
3,440
950
~, , I ( 84,166 638,605
23 Central Finance Bosd Deposits Unrestricted Cu Designated
Funds
(unrestricted)
f
2020
Total
f
2019
Total
f
8,136
I
8 136~~
8,136 8,079
24 Cash at Bank and in hand Unrestricted / ECT)' Designated
Funds
(unrestricted)
2020
Total
2019
Total
lAMB Circuit - Lloyds Current Account
(AM8Circuit - HSBC Current
Account
6
145,305
E f
145,305
E
64,098
IAMB Circuit - HSBC Savings Account
C relly Cemetery
Bank Account
Degibna Prayer Chapel Bank Account
3,820
9,514
3,820
9,514
4,879
1
23 Creditors (due in under 1year)
Creditors and accruals
Unrestricted
f
I C)rcqlBModal
Trusuguhdl
Designated
Funds
(unrestricted)
fx
I' 2020
Total
f
2019
Total
E
Trade creditors
Accruals
Amounts
payable to third parties
3,174
10,450
' )1.1 3,174
10,450
3,280
8,054
1,565
13,624 13,624 12,899
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