2021-08-31-accounts - Chorley Methodist Church

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	Chorley
Minister		Revd Phil Gough
Church	Stewards	Bill Almond
		Lesley Duckworth
		Barry Hodson
		Caroline Lifitt
		Ruth Malarkey
		lan McCallum

Statement ofFinancial Activities	Statement ofFinancial Activities	Statement ofFinancial Activities	(SOFA) for the	year ended	year ended	year ended	31August	2021
				Cl o o tll l Z	o 0 m	'o Clo I N Cl o		'o Ol III	o Ol E 0 'o o o o	Total 2020-21	Total 2019-20
Income and Endowments		from:
Donations and legacies										71,797	66,321
—Collections and tax credit						52,639				52,639	55,127
-Donations						19,158				19,158	11,194
Charitable activities										1,056	2,449
—Fund raising							1,056			1,056	2,449
Other trading activities										7,184	16,955
—Lettings							7,184			7,184	16,955
Investments							21			21	127
Other										783	4,262
—Internal organisations								783		783	4,204
- Miscellaneous											58
Total						80,058		783		80,841	90,114
Expenditure on:
Salaries, NIC gl Pension costs							3,420			3,420	7,535
Circuit Assessment						53,484				53,484	56,684
Maintenance on Church	buildings		and property				4,988			4,988	5,466
Property refurbishment
Utilities (insurance, light	and heat,		water etc.)			11,910				11,910	9,019
Church activities											702
Printing, postage and stationery							1,632			1,632	3,204
Independent Examiner's	fee						276			276	384
Internal organisations								1,022		1,022	5,274
Grants and donations							240			240	150
Other expenditure							861			861	786
Total						76,811		1,022		77,833	89,204
Net income/(expenditure)							3,247	(239)		3,008	910
Transfer between funds
Other recognised gains/(losses)
Net movemet in funds							3,247	(239)		3,008	910
Reconciliation offunds
Total funds brought forward						30,211		2,078		32,289	31,379
Total funds carried forward						33,458		1)839		35,297	32,289
For information only Money received and passed					on to External Organisations
Balance brought forward	from last year									194	135
Offerings/Gifts- received	for External Organisations									924	3,532
Offerings/Gifts -passed to		External Organisations								879	3,473
Balance carried forward										239	194

					General Fund	Designated		Restricted	Totals	Totals
					(Unrestricted)	Funds		Funds	2021	2020
				Notes		(Unrestricted)
						f
Fixed Assets
Church building and	other	property
Investment properties
Investments
	Totalfixed		assets
Current Assets
Debtors and prepayments
Loans by the Churches
Investments with TMCP
Central Finance Board Deposits					11,800				11,800	15,092
Cash at Bank and in	hand				22,356			2,078	24,434	18,135
Total current assets					34,156			2,078	36,234	33,227
Current liabilities
Creditors (due in under 1year)					697			239	936	938
Loans tothe Church
Total	current	liabilities			697			239	936
Net current	assets/liabilities				33,459			1,&39	35,298	32,289
Total assets less	current	liabilities			33,459		0	1,839	35,298	32,289
Long term liabilities
(due after more than one year)
Grants payable after 1year
Loans tothe Church
		Net assets			33,459			1,839	35,298	32,289
Funds ofthe Church
General Fund (Unrestricted)					33,458				33,458	30,211
Designated Funds (Unrestricted)
Total Unrestricted			Funds						33,458	30,211
Restricted Funds								1,839	1,839	2,078
Endowment Funds
	Total		Funds		33,458		0	1,839	35,297	32,289

and any gains or	losses on revaluation	at the year end are	sh	own in the SOFA.
					2021	2020
		Unrestricted		Restricted	Total	Total
2. Donations	and legacies					f
Collections		42,531			42,531	45,768
Tax credits		10,108			10,108	9,359
Donations		19,158			19,158	11,194
Legacies
Total		71,797			71,797	66,321
					2021	2020
3. Charitable	activities	Unrestricted		Restricted	Total	Total
						f
Fund raising		1,056			1,056	2,449
Other
Total		1,056			1,056	2,449
					2021	2020
4. Other trading activities		Unrestricted		Restricted	Total	Total
					f	f
Lettings		7,184			7,184	16,955
Total		7,184			7,184	16,955
					2021	2020
5. Investment	income	Unrestricted		Restricted	Total	Total
					f	f
Central Finance Board		19			19	80
Other		2			2	47
Total		21			21	127
					2021	2020
6. Other income		Unrestricted		Restricted	Total	Total
			f		f	f
Internal organisations		783			783	4,204
Miscellaneous						58
Total		783			783	4,262

11.	Analysis ofcurrent assets Debtors and prepayments Pre paid assessments Accrued income Other debtors Total debtors and prepayments Analysis ofcash at bank


Analysis ofcurrent assets	This year	Last year
Debtors and prepayments	f
Pre paid assessments
Accrued income
Other debtors
Total debtors and prepayments
Analysis ofcash at bank
Bank balance held in Royal Bank ofScotland	22,356	15,789
Bank balance held in Royal Bank ofScotland	239	268
Bank balance held in Church Finance Board	11,800	15,092
Bank balance held in Church Finance Board
Bank gr cash held by Internal organisations	1,839	2,078
Total Cash and Bank	36,234	33,227
Current Liabilities
Trade Creditors	697	744
Other Creditors	239	194
Total Current Liabilities	936	938

Loans
Source		Amount	New	Loan interest	Repayable	Balance at
		brought	borrowings	f	in the year	year end
		forward	f		E	E
		f
Circuit Loan	(interest free)
Repayment	due					Totals
Due within	12months
Due after more than 12months
Total

Unrestricted	Funds
Fund Name			Opening	Income	Expenditure	Transfers	Revaluation	Closing
			Balance				gains/losses	Balance
Unrestricted	Funds		30,211	80,058	76,811			33,458
		Totals	30,211	80,058	76,811			33,458

Restricted Funds
Fund Name		Opening	Income	Expenditure	Transfers	Revaluation	Closing
		Balance				gains/losses	Balance
Mother and Toddler	Group	145					139
Ladies Group		112					112
Senior Social Club		1,821	783	1,016			1,588
Circuit Assessment	Donation
	Totals	2,078	783	1,022			1,839

Statement of Financial Activities	Statement of Financial Activities	Statement of Financial Activities	(SOFA) for the	year	year	ended 31August 2020 fs 9	ended 31August 2020 fs 9	ended 31August 2020 fs 9	ended 31August 2020 fs 9
				Ill 0	o	o uV	III IU	'o + o	L s-	Iho		0 xr o Iu	w o o	'o o u	Total 2019-20
Income and Endowments		from:
Donations and legacies															66,321
—Collections and tax credit								55,127							55,127
Donations								10,694			500				11,194
Charitable activities															2,449
—Fund raising									2,449						2,449
Other trading activities															16,955
-Lettings								16,955							16,955
Investments									127						127
Other															4,262
-Internal organisations									484		3,720				4,204
—Miscellaneous									58
Total								85,894			4,220				90,114
Expenditure on:
Salaries, NIC &Pension costs									7,535						7,535
Circuit Assessment								56,184			500				56,684
Maintenance on Church	buildings		and property						5,466						5,466
Property refurbishment
Utilities (insurance, light	and heat,		water etc.)						9,019						9,019
Church activities									702						702
Printing, postage and stationery									3,204						3,204
Independent Examiner's	fee								384						3&4
Internal organisations									238		5,036				5,274
Grants and donations									150						150
Other expenditure									786						786
Total								83,668			5,536				89,204
Net income/(expenditure)									2,226		(1,316)				910
Transfer between funds
Other recognised gains/(losses)
Net movemet in funds									2,226		(1,316)				910
Reconciliation offunds
Total funds brought forward								27,985			3,394				31,379
Total funds carried forward								30,211			2,078				32,289
For information only Money received and passed					on	to External		Organisations
Balance brought forward	from last year														135
Offerings/Gifts —received	for External Organisations														3,532
Offerings/Gifts —passed to		External Organisations													3,473
Balance carried forward															194

					General	Fund	Designated		Restricted	Totals
					(Unrestricted)		Funds		Funds	2020
				Notes			(Unrestricted)
							f
Fixed Assets
Church building and	other	property
Investment properties
Investments
	Totalf/xed		assets
Current Assets
Debtors and prepayments
Loans by the Churches
Investments with TMCP
Central Finance Board Deposits						15,092				15,092
Cash at Bank and in	hand					15,863			2,272	18,135
Total current			assets			30,955			2,272	33,227
Current liabilities
Creditors (due in under 1year)						744			194	938
Loans tothe Church
Total	current	liabilities				744			194	938
Net current	assets/liabilities					30,211			2,078	32,289
Total assets less	current	liabilities				30,211		0	2,07&	32,289
Long term liabilities
(due after more than one year)
Grants payable after 2017-18
Loans to the Church
		Net	assets			30,211			2,078	32,289
Funds ofthe Church
General Fund (Unrestricted)						30,211				30,211
Designated Funds (Unrestricted)
Total Unrestricted			Funds							30,211
Restricted Funds									2,078	2,078
Endowment Funds
	Total		Funds			30,211		0	2,078	32,289