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2021-08-31-accounts

Trustee Report 2021

The Circuit Funds essentially provide for

The Circuit Budget is reviewed annually ideally in conjunction with the Church Treasurers- the pandemic and subsequent uncertainty prevented this happening last year. The budget covers the costs of the above and the assessment for each church is agreed in consultation with the church treasurers

Like all walks of life, the last 12 months have been challenging for the Methodist Church at all levels- be that Connexionally, District and Circuit

Prior to the pandemic we had several churches that were struggling due to decreasing active members which naturally links to financial pressuresUnfortunately in the last 12 months we have had one church that has ceased to worship

As a circuit we have a policy of supporting the local churches- and at the start of the pandemic we issued an assurance to the treasurers that if they were struggling due to the loss of income then we would help- As such we agreed an assessment holiday for one church and a reduced amount for a couple of the others

In addition, we have supported another with an interest free loan to cover some unexpected expenditure.

We also have been supporting the running costs of 2 redundant properties – again delay in either the sale or possibilities for future use has been delayed due to the pandemic.

Of course – going forward the financial impact because of the pandemic is still unknown – As a circuit we initially agreed not to fill one of our ministerial vacancies for 12 months from September 2021- This has now increased to a second vacancy due to another colleague been successful in being stationed to a critical post in another District.

We are at the start of undertaking a full review of the mission and structure of the Circuit. The result of this review will naturally impact our financial thinking.

NORTH KIRKLEES AND MORLEY METHODIST CIRCUIT ACCOUNTS 2020/2021

INCOME
Assessments
Interest
Connexional Funds/ Circuit Collections
Other Circuit Income
CRC-Net income from printing after expenses
Payment from Circuit Advance Fund
Spen Valley Youth Project
TOTAL
BALANCES AT 31/08/2021
CO-OP
21,846.50
CFB
88,530.00
HSBC
26.6
HSBC
0.28
Cash
16.68
TOTAL
110420.06
ST ANDREWS MIRFIELD
19215.09
NEWLANDS
1642.46
CIRCUIT BALANCE
89562.51
2020/2021
2019/2020
EXPENDITURE
2020/2021
2019/2020
348,015.50
349,147.10 Stipends, NI contributions etc.
216,900.24
208602.77
69.99
402.27 Ministers Travel --Expenses
6211.79
8730.15
1209.61
5498.75 Ministers Telephone/Broadband Costs
5338.56
5830.04
40185.61
25283.31 Supernumery Preachers fee and travel
359
2478.94
0
2000 Local Preachers Expenses
100
546.1
60000
52000 District Assessment
91432
95244
11256.69 CRC- Administrative Staff
22142.59
18412.21
449480.71
445588.12 CRC- Expenditure
4811.47
7661.83
Manses
Council Tax
11,834.48
13190.83
Manses
Water Rates
1825.2
2490.79
Manses
Insurance
4736.83
5109.85
Manses
Maintenance
26345.56
21754.16
Manses
Alarm- Heating Contracts
1729
1355.55
Church Property Costs
2268.71
6041.62
Loan to Church
6000
29000
Ministers Removal Costs/Grant
1189.54
3301.84
Other Expenditure
23400.32
23461.25
Connexional Funds/ Circuit Collections
1209.61
5498.75
Youth Work Expenditure
1720.2
TOTAL
427834.9
460430.88
INCOME 2020/2021
449480.71
445588.12
OVERALL SURPLUS FOR YEAR
21645.81
-14842.76
CFWD FROM 2019/2020
67916.7
82759.46
TOTAL CARRIED FORWARD TO 2021/2022
89562.51
67916.7

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