## # ## ## ## |Active|Circuit Ministers|Rev DP Reed|Rev D Grice|| |---|---|---|---|---| |||Rev R Fugill||| |Circuit|Lay Workers|Mrs SReed|Miss A Altenberger|| |Other|Workers|Mrs D Borrett|Mrs T Hosking|| |Circuit|Stewards|Mrs S Lyne|Mr JTripconey|| |||Mrs KCarpenter|Mrs J Shainberg|| |||Mrs J Hearn|Mrs V Williams|| ||||Mr P Combellack|(Treasurer)| ## ## ## ## ## ## ## ## ## ||||||||||||r||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||Notes|to the|Generalrund|Circuit Model Trust|Designated|Funds||||||Endowment|Total| ||||accounts||(Unrestricted)|(Unrestricted)|(unrestdcted)|||estd||u|s|Funds|2022-23| ||||||E|E||||||||E|E| |Income|||||||||||||||| |Donations and legacies|||||80|||||||.13,691|||13,771| |Income from monetary|Investments||||4,989|10,224||||||||482|15,695| |Income from investment||properties|||10,091||||||||||10,091| |Assessments
on Churches|||||142,500||||||||||142,500| |Capital Receipts|||||||||||||||| |Grants received|||||4,600||||||||||4,600| |Other charitable
income|||||9419|||8|727||||||18146| |Total income|||||171,679|10,224||8,727||||1$,691||482|204,803| |Expenditure|||||||||||||||| |Grants and donations||||9|37,490|62,156||||||6,|||106,281| |Salaries and associated costs||||10|119,320|61.355||||||10,|56||191,231| |Property maintenance||||11|(17,725)|61,446||2,990|||||||46,711| |Connexional
assessment|8model trust||levy||40,936||||||||||40,936| |District Assessment 8Levy||||12|14,032|19,593|||||||||33,625| |Capital Purchases||||13|||||||||||| |Ofgce expenses||||14|16,432|2,300|||||||||18,732| |Other outgoings||||15|7,799|46675|||871|||||476|55821| |Total charitable
expenditure|||||218,284|253,525||||||17,191||476|493337| |Gains/(losses)
on monetary||investments||||(34)||||||||(703)|037)| |Gains/(losses)
on property||dtsposals/rev||16|134756||||||||||134,756| |Net Income/(expenditure)|||||88,151|(243,335)||4,866||||($,500)||(697)|(154,515)| |Transfers between
funds||||17|(61,405)|(9,783)||62,497||||||(9)|| |Other gains/(losses)|||||||||||||||| |Net movement
in funds|||||26,746|253,118||67,36$||||5,200||P06)|(154,515| |Total funds brought
forward|||||2,546,270|377,906||93,439||||||17,102|3,034,717| |Total funds carried forward|||||2,573,016|124,7SS||160,802||||5,200||16,396|2,880,202| ## ## |||||||Orcuit Model||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| ||||Notes tothe
accounts|General Fund
(Unrestricted)||Trust
(Unrestricted)|Designated
Funds
(unrestricted)||s
F|c~td
d~|Endowment
Funds|Total
2021-22| |||||E||E|E||||E|E| |income||||||||||||| |Donations
and legacies|||||23,140|||8,700||||31,840| |Income from monetary|investments||||730|3,172|||||340|4,242| |Income from investment||properties|||1,800|||||||1,800| |Assessments
on Churches|||||190,000|||||||190,000| |Capital Receipts|||||(70,684)|186,238||||||115,554| |Grants received|||||2,740|||||||2,740| |Other charitable
income|||||47,085|||5,029||||52,114| |Total Income|||||194,811|189,410||13,729|||340|398,290| |Expenditure||||||||||||| |Grants and donations|||9||1,443|||||||1,443| |Salaries and associated costs|||10||74,909|67,106||||||142,015| |Property
maintenance|||11||(65,810)|95,141||6,554||||35,$$5| |Connexional
assessment|&model trust||levy||40,936|||||||40,936| |District Assessment
& Levy|||12||(56,652)|60,329||||||3,677| |Capital Purchases|||13||2,833|465,025||||||467,858| |Office expenses|||14||12,214|2,900||||||15,114| |Other outgoings|||15||(16849|39326|||||338|22815| |Total charitable
expenditure|||||(6,976)|729,827||6,554|||338|729,743| |Gains/(losses)
on monetary||investments||||(53)|||||(1,285)|(1,338)| |Gains/(losses)
on property||disposals/rev|16||857,281|||||||857,281| |Net income/(expenditure)||||1,059,068||(540,470)||7,175|||(1,283)|524,490| |Transfers between
funds|||17||(72,239)|(2,680)||74,919||||| |Other gains/(losses)||||||||||||| |Net movement
In funds||||986,829||543,150)||82,094|||1,2$3|524,490| |Total funds brought forward||||1,559,441||921,056||11,345|||18,385|2,510,227| |Total funds carried forward||||2,546,270||377,906||93,439|||17,102|3,034,717| ## |||||||||General Fund|General Fund|Circuit Model|Deslghated|Fuhds|Fuhds|||||Endowment|Teleia|2022/23|Totals 102V22| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||nates tv tire|(Unrest|rkted
)|Thrsts
(Un eslrktedi|(Unmnrkud(|||Funds|||r|Funds|||| ||||||||Accorrhts|||E|||||E||||||| |FIaml Amels|||||||||||||||||||||| |Circuit Menses
Ik Equipment|||||||18|1,315,169||||||||||||1,315,169|| |Investment
properties|||||||18|1,085,691||||||||||||1,085,691|| |Investments|||||||||||||||||||||| |||||Totalfkcd||essek|||2,400,$60|||||||||||2,400,$60|| |Crtrraht Assets|||||||||||||||||||||| |Debtors|||||||19||46 384|||||||||||46,384|59,559| |loans
the|Circuit||||||20||4 773|||||Doe|m|||||4773|37,518| |Investments
with TMCF
central nnance Board Deposits|||||||21
22||76,930|124,788||146,116||12|I|5',206||16,396||141,184
228,246|395,008
9$,248| |Cash at Bank|and In|hand|||||23||109,518|||14,686||||||||124,204|247,322| ||||total current|||emek|||237,605|124,788||M0,802||||5,100||||544,791|607,655| |Current Babsltles|||||||||||||||||||||| |Credhors (due In under I|||year)||||24||65,449|||||||||||65,449|69,042| |Grants payable
wrthin 2018-19|||||||||||||||||||||| |||Total||orrren tSobgities|||||65,449||||||||||||69,042| ||Nm|cuhentnss|||lobgldes||||172,156|||160|$02|||S|EOO|||479342|| |||||||||||||||h|||||||| |Totol ossek Iau||||current Ilebfssm|||||||||||||||||| ||||||||||Sts Ota|1247$$||1|2||||200|||2$80202|3,034,717| |long term|nabigtles||||||||||||||||||||| |(due after|more|than|one year)||||||||||||||||||| |Grants
able after||2018.19|||||||||||||||||||| |Loans tothe|Crrcurl||||||||||||||||||||| ||||||Nel|ossets||2,573,016||124,7N|160,002||||5,200|||16,306||2,N0,202|3,034,717| |Funds ofthe|Circuit||||||||||||||||||||| |eneral Fund|Unrestrkted||||||25||2.573.016|||||||||||2 573AI16|2,546,270| |Circuit Model|Trust|Fund|(Unrestricted)||||25|||124,788||||||||||124788|377,906| |Des
ated Funds (Unrestricted)|||||||25|||||160,802||||||||160,802|93,439| |||rotor Unresnfcted||||Funds|||||||||||||||3,017,615| |Restricted
Funds|||||||25||||||||||,TOO|||5,200|| |Endowment|Funds||||||25|||||||||||16396||16396|17,uu| ||||||Total|Furlds|||2,573,016|124,788|160,802|||||5,200||16,396||2,880,202|3,034,717| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |2.Donations
and legacies||Unrestricted
f|Unrestricted
f|Circuit Model
Trust Fund
E|Designated
Funds
(unrestricted)
E|Designated
Funds
(unrestricted)
E|)Rest cted Funds
~ ffdP|)Rest cted Funds
~ ffdP|)Rest cted Funds
~ ffdP|)Rest cted Funds
~ ffdP|Endowment|202
Total
6|202
Total
f| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Donations|||||||||1369|||13,771|31,840| |Legacies|||||||||||||| |Total|||||||||28,692|||13,771|31,840| |5.Income from monetary|Investments|Unrestricted
E||Circuit Model
Trust Fund
E|Designated
Funds
(unrestrined)
E||QRestrlctedFunds
~
E||||Endowment|202
Total
E|202
Total
f| |Central Finance Board|||4.989||||r|||||4,98|730| |TMCP||||10224||||||||10,70|3,512| |Total|||4,989|10,224||||||||15,695|4,242| |4.Income from Investment|properties|Unrestricted||Circuit Model
Trust Fund
E|Designated
Funds
(unrestricted)||Restricted
~'||Fu
s
v&||Endowment|20
Tote
f|20
Total
E| |Lettlngs
(Chy Bron Manse)|||6,000|||||||||6,|| |Cury Income|||406||||||||||| |Lettings (Meneage)|||2,215|||||||||2,215|| |Lettlngs(Burhos)|||1,470|||||||||1,47|1,300| |Total|||10,091|||||||||10,091|1,800| |5.Assessments
on Churches||Unrestricted
f||Lsrcult Model
Trust Fund
E|Designated
Funds
(unrestricted)
f||est
7|d Funds
f%~|||Endowment|202
Total
E|202
Total| |Baiwest Melhodrst
Chapel|||3,989|||||||||3,989|4,835| |Breansy Methodist Chapd|||11,197|||||||||11,197|15.387| |Cental Melhodist
Church|||37,686|||||||||37,686|52,104| |Crowlas Methodlsl
Chapel|||5,159|||||||||5,159|7,088| |Goldsithney
Methodist Chapel|||6.689|||||||||6,689|9,339| |Leedstcwn
Methodist
Chapel|||8,021|||||||||8,021|10,820| |Marazion
Melhodisl
Church|||13,190|||||||||13,190|18,035| |Mullion
Methodist Chapel|||11,318|||||||||11,318|15,489| |Porlhleven
Methodist
Church|||20,438|||||||||20.438|24,773| |Ruan Minor Methodist
Church|||4,942|||||||||4,942|5,990| |Ths Lizard Methodist
Chapel|||5.162|||||||||5,162|7,159| |Trinity Methodist
Chapel|||6,465|||||||||6,465|8.988| |United Methodist Church StKeveme|||8,244|||||||||8244|9993| |Total|||142,580|||||||||142,500|190,000| |6.Capital receipts||Unrestricted||Circuit Model
Trust Fund|Designated
Funds
(unrestricted)||estrlcteiLFun||||Endowment|20
Tote|202
Total| |||||E|f|||||||E|5| |Gross sale proceeds (Trewennack)|||||||||||||152,590| |CPF levy returned
on previous sales|||||||||||||| |CPF levy on property
sales|||||||||||||(37,036)| |Total|||||||||||||115,554| |7.Grants received
Cornwag
District|||||Unrestricted|Greeit Model
Trust Fund
E|Greeit Model
Trust Fund
E|Designated
Funds
tr
(unrestricted)
E,|Designated
Funds
tr
(unrestricted)
E,|Designated
Funds
tr
(unrestricted)
E,|E|Fu|Endowment|2023
Total
E|2022
Total
E
2,740| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Total|||||||||||||||2,740| |During the year the|Circuit received E4,600as a travel subsidy||||||||||||||| |8.Other Charitable|Income||||Unrestricted|Greeit Model
Trust Fund
6||Designated
Funds
(unrestricted)
E||Res/I
'.|E|Fund|Endowment
E|2023
Total
E|2022
Total
E| |Photocopying|||||1,501|||||||9||1,501|1,465| |Meneage Chapel funds||introduced|||||||||||||41,936| |Other|||||7,918||||8,727|||4||16,645|8,713| |Total|||||9+29||||8727|||||18,146|52,114| |9.Grants and donations|||paid||Unrestricted|Greeit Model
Trust Fund||Designated Funds,
(unrestricted)||Restricted
r'ltd||Fu ds|Endowment|2023
Total
E|2022
Total
E| |Methodist
charities|||||19,406|||||||||20,034|| |Trewennack
including||backclaim|||||50,000|||||||50,000|| |previous years reallocation||||ofabove|17,884||12,156|||||||30,040|| |Non-Methodist
charities|||||200|||||||||6,207|1,443| |Total|||||37490||62 156|||||||106281|SW3| |10.Salaries and associated||||costs|||||||||||| ||||||Unrestricted|Grcult|Model||||||Endowment||| |||||||Trust|Fund|Designated|Funds||1|||2023|2022| |||||||||(unrestricted)||strict||||Total|Total| |||||||E||E||||||6|E| |Ministers'
Stipends|||||84,005|||||||||84,005|54,573| |Ministers'
NIC|||||8,009|||||||||8,009|5,217| |Ministers'
Superannuation|||||21,731|||||||||21,731|13,894| |Ministers'
Travelling|||||11,443|||||||||11,443|9,554| |Removal costs|||||||||||||||2,643| |Circuit Administrator|Salary||||||22,984|||||||22,984|19,448| |backclaim
re above|||||(670)||670||||||||| |Employers
NIC|||||||5,213|||||||5,213|3,778| |CAP Worker Salary|||||(4,013)||13,333|||||||13,333|9,707| |CAP Travel|||||||||||||||251| |Youth Worker's Salary|||||(820)||5,588|||||||11,311|9,808| |Children
&Families|Worker|||Salary|||12,408|||||||12,408|12,173| |backclaim re above|||||(392)||392||||||||| |Apprenticeship
Levy|||||27||767|||||||794|643| |Other Travel e.g.Visiting|||Ministers||||||||||||326| ||||||119,320||61,355|||||||191,231|142,015| |||||Unrestricted|Greeit Model|Greeit Model|Designated
Funds|Designated
Funds||I|Fund|Endowment|2023|2023||2022|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |15.Other outgoings|||||Trust Fund||(unrestricted)||||||Total|||Total|| ||||||||E|||||E|E|||E|| |Travel expenses etc, tay Workers||||1,590||4,072||||||||5,66||4,832|| |SWYM worker fees/|tuition|fees/allowanc||592||4,507||||||||5,09||1,712|| |CAP expenses||||||4,426||||||||4,42||5,090|| |Manse rates||||(2,673)||6,237||||||||3,||3,245|| |Manse rates.backclaim||||(5,798)||5,798|||||||||||| |Manse water rates||||2,982||839||||||||3,82||3,315|| |Manse water rates-backclaim||||(762)||762|||||||||||| |Manse electric||||(357)||357|||||||||||357| |Manse electric backclaim|||||||||||||||||| |UMC StKeverne costs||||6,826||18,600||||||||25,42|||| |Ordination
event|||||||||||||||||| |Independent
examiner fee||||380|||||||||||38||360| |Youth Events|||||||||||||||||| |Other
Total||||5,019
7799|1,077
46675|||871|44|||476
476||7443
55821||22|815| |16. Gains/(losses)|on property||dlsposals/revaluations||||||||||||||| |||||Unrestricted|Circuit Model||Designated
Funds||8 s|rkt|und|Endowment|2023|||2022|| ||||||Trust Fund||||||||||||| ||||||||(unrestricted)||||||Total|||Total|| ||||||6||E||||||E|||E|| |Ass tsbr
u htint|Iheo|ounts|||||||||||||||| |RLvriu
tdi me|||||||||||||||||| |Meneage Chapel Buildings||||||||||||||||275,000|| |~Pr EEGKEgrrhlfg2|||||||||||||||||| |Praa Sands Manse||||||||||||||||467,858|| |Cury Methodist
Chapel||||10,000||||||||||10,000|||| |Degibna Prayer Chapel||||99,678||||||||||99,678|||| |Helston Manse||||93,822||||||||||93,822||40,168|| |Mullion
Manse||||56,654||||||||||56,654||24,255|| |Praa Sands Manse||||(125,398)|||||||||(125,398)||||| |||||134756|||||||||134756|||857|281| |17.Transfers between funds||||Unrestricted|Circuit Model
Trust Fund||(unrestricted)
Designated
Funds||est||e(l Fu|Endowment|2023
Total|||2022
Total|| ||||||||E||||||E|||6|| |Investment
Income|on TMCP funds|||9,792||(9,783)||||||(9)|||||| |Contractual
staff commitments|||(refer note|(67,697)||||67,697|||||||||| |Homeless
Pods reallocation||||(3,500)||||(5,200)|||8,700||||||| |||||(61,405)||(9,783)||62,497 '|||n8,||||||| |investment
prop|erties|||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||The Circuit|has|3|manses, situated|||in Helston,
Praa Sands and Mullion|||and are||included||in the financial|| |||||statements|at|their insured|||value as is||the prayer chapel at Degibna. The Trustees consider this|||||||to be a fair| |||||and reasonable||basis||for value. Cury and Meneage chapels were valued||||||by Christophers|||Estate|Agents,| |||||independent|agents|||for sale purposes,|||and the Trustees consider this||carrying||value|to|be fair.|| |Cost or valuation||||||||||||||||||| |||||||||||||||Payments||on||| |||||||||||||||account and||||| |||||||||||||Fixtures, Rttings||assets under||||| |||||Residential|Land|||Menses||Other buildings||and equipment||construction||||Total| |||||E||||E|||E|E|||E|||E| |Balance brought|forward|||||||1,290,091|||976,013|||||||2,266,104| |Additions||||||||||||||||||| |Revaluations
(+/-)|||||||||25,078||109,678|||||||134,756| |Disposals (-)||||||||||||||||||| |Transfers * (+/-)||||||||||||||||||| |Balance carried forward||||||||1,315,169|||1,085,691|||||||2,400,860| |Accumulated
depreciation||||||||||||||||||| ||||vvgasis
"Rate||||SL
Nil|||SL
Nil||SL||||||| |Balance brought|forward|||||||||||||||||| |Depreciation
charge for year (-)||||||||||||||||||| |Revaluations
(+/-)||||||||||||||||||| |Disposals (-)||||||||||||||||||| |Transfers'(+/-)||||||||||||||||||| |Balance carried forward||||||||||||||||||| |Net book value||||||||||||||||||| |Brought forward||||||||1,290,091|||976,013|||||||2,266,104| |Carried forward||||||||1,315,169|||1,085,691|||||||2,400,860| |An Hyreth-Helston|Manse|||||||606,485||||||||||606,485| |90 Laflouder Fields-Mullion||Manse|||||||366,224|||||||||366,224| |Chy Bron-Praa Sands Manse|||||||||342,460|||||||||342,460| |Cury Chapel|||||||||||260,000|||||||260,000| |Degibna Prayer Chapel|||||||||||550,691|||||||550,691| |Meneage Chapel|&Sunday|School|||||||||275,000|||||||275,000| |||||||||1,315,169|||1,085,691|||||||2,400,860| ## ## ## ## ## ##