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2021-08-31-accounts

Mr M Avis
Mrs P Barrow from 1/3/21
Mr K Bassett
Mrs D Beesley
Mr D Beesley
Mr R Bond until Oct 21
Mrs S Bond until 28/2/21
Mrs J Brandon
Mrs S Calvert
Revd P Cole until 31/8/21
Mrs L Collins
Mrs J Martyn
Miss J Mason
Revd J Mills until 31/8/21
Mrs J Minnell
Mr P Moody
Mrs H Murphy
Revd D Muskett
Mrs M Newnham
Mrs H Nicholls until 28/2/21
Mr H Nightingale
Mrs B Noakes
Year ended 31August 2 021
Revd D Coote Mr A Painter
Mr N Cox Mr G Paffett deceased Aug 21
Mrs P Cuckow Mrs J Pannell
Mr A Dabbs Mr M Petter
Mrs A Davis Mrs A Rice from 1/3/21
Miss P Dimmick Revd D Rice
Mrs S Dewberry Mrs B Ross
Mrs P Dey from Oct 21 Mr D Sawyer
Mr B Dyer Revd C Simpson
Dcn L Evans until 31/8/21 Mr G Smithers
Revd E Goddess Mrs R Standford from 1/3/21
Revd R Goddess from 14/9/21 Mrs A Steinhausen from 1/9/21
Mrs A Griffiths Mrs P Symonds until 28/2/21
Mr P Gregory Revd B Stilwell until 31/8/21
Mr A Haynes Mr M Thomas
Mrs S Haynes Mrs M Travell
Mrs B Hayward Mrs E Wade
Dcn J Heys until 31/8/21 Mrs M Wheeler
Mrs E Hodges Mrs C Wilkins
Mr S Hudson until 31/8/21 Mrs C Withers until 1/5/21
Mr B James Mrs L Wright
Mrs F Jenkins Revd S Wright
Revd J lllsley

Name ofCircuit Name ofCircuit East So East So (ent and Dow (ent and Dow ns Methodist Circuit ns Methodist Circuit ns Methodist Circuit ns Methodist Circuit Circuit No 26/07
Statement ofFinancial Activities (SOFA) for the year ended 31August 2021
Notes to Circuit Isodel Designated
the General Fund Trust Fund Funds Restricted Endowment Total Total
accounts (Unrestricted) (Unrestricted) (Unrestricted) Funds Funds 2020-21 2018-20
2 5 5 6 6 8
Income and Endowments
Income from investments 1,037 1,725
Income from charitable
activities
Assessmsnts
on churches		 488,820
Total from charitable
activities		 444,540 488,820
Lettings 73,310 73,310 64,518
Total charitable
Income		 518,538 1,037 519,575 559,642
Other income 3,263 3,263 3,665
Total Income and endowments 521,801 1,037 522,838 563,307
Expend)ture
Expenditure
on charitable activities
Grants snd donations 7,20 -10,000 -9,901 235,248
gtipends
and associated costs		 8 319,839 319,839 290,258
Msintensnos
on menses		 9 33,588 33,848 23,399
Office expenses 10 4,624 4,624 7,112
Telephone
and travel		 10 11,767 11,767 17,222
Insurance
snd utility costs		 11 21,005 8,678 29,683 28,770
District assessment 15,156 15,156 15,716
Methodist
Church
Fund		 79,440 79,440 72,488
Contnbution
to Distnct Advance		 Fund 13 20,478 20,478 21,933
Expenditure
on other drcuit property		 9 10,204 10,204 8,677
Other outgoings 12,13 13,563 779 14,342 13,078
Total charitable
expenditure		 475,957 21,257 32,266 529,480 733,901
Net Income before investment
gains/losses 45,844 -20,220 -32,266 0 -6,642 170,594
Net gains/(tosses)
on investments		 13,17 1,104 1,104
Net (expenditure)/income
before transfers 45,844 -20,220 -32,266 0 1,104 -5,538 ~170,702
Transfers
between
funds
Other gains/(losses)		 14 -35,300 -31,500 66,800 E3
Net movement
in funds		 10,544 -51,720 34,534 0 1,104 -5,538 170,702
Total funds brought
forward		 21-24 3,734,421 287,458 64,837 0 6,017 4,092,733 4,263,435
0
Total funds carried fonuard 21-24 3,744,965 235,738 99,371 0 7,121 4,087,195 4,092,733

GsneralFund Cimuit Model Designated Restrkted Restrkted Endowment Totals 2021 Totals
(Unrestncted) Trust Fund Funds Funds Funds 2020
notes to ms (Unrestricted) (Unrestricted)
accounts
Fixed Assets
Menses 15 3496 607 3496607 3,496,607
Investment
ro		 rties
Investments 17,23 7,121 7,121 8,017
Total ffxed assets 3,496,507 7.121 3 503,728 3,502,624
Current Assets
Debtors and
re		 a ants 16 33098 4e 33 144 25,476
Loans b
the Circuit		 16 10,000 10000 10,000
Investments
with		 TMCP 17 338,192 338,192 389,700
Central Finance Board Deposits 18 231 999 219 810 5 529 457 338 442,934
Cash at Bank and in hand 18 13,369 955 14,324 16,043
Total cunent assets 288,486 338,238 219 810 S,484 0 852,998 884,153
Current Sabaltles
Creditors
(due in		 under 1 year) 40,108 3968 955 45 031 59,544
Grants payable
within		 I year 20 102,500 118,471 5,529 224,500 234,500
Total cunent Sabddles 40,10e 102500 120439 0 289 531 294,044
iysf current assetsrasblades 248,358 235,738 99,371 0 583,487 590,109
Toot/ assets fess curnirrf llabffftles 3,744.965 235,738 99,371 0 7.121 4,087,195 4,092,733
3,744,885 23S,738 99,371 0 7,121 4,087,185 4,082,733
Funds ofthe Circuit
Unrestncted:
General
Fund		 21 1 248,358 248,358 237,814
Pro
Fund		 21 1 3,496,607 3,498,807 3,498,807
Circuit Model Trust Fund 21.2 235,738 235,738 287,458
Desi noted Funds 21 3 99,371 99,371 64,837
Tom/ Unrestricted Funds 4,080,074 4,088,716
Restricted
Funds		 22 0 0
Endowment
Funds		 23 7,121 7, 121 6.017
Tot!if Firrrds 24 3,744,985 236,738 99,3'T1 0 7,121 4,OS7,185 4,092,733

3
Statement of Financial		 3
Statement of Financial		 Activities Activities for the year ended year ended year ended 31 August 31 August 2020
General Designated
Funds Funds Restricted Endowment Total
(Unrestricted) (Unrestricted) Funds Funds 2019-20
6 6 F 6
Income and Endowments
Income from investments 6,304 ' 0 0 0 6,304
Income from charitable
activities
Assessments
on churches		 488,8 488,820
Total from charitable
activities		 488,82~~0 0 488,820
Lettings 64,518 64,518
Total charitable
income		 559,642 0 i 559,642
Other income 3,540 0 i 125 0 ', 3,665
Total income and endowments 563,182 0 125 0 563,307
Expenditure
Expenditure
on charitable		 activities
Grants and donations 127,560 5,529 235,248
Stipends and associated costs 290,258,
Maintenance
on manses		 780 22,494 125 23,399
Office expenses 7 11.2 7,112
Telephone
and travel		 17,222 17,222
Insurance
and
utility costs		 20,550 8,220 ( 28,770
District assessment 15,716 15,716
Methodist
Church
Fund		 72,488 I 72,488
Contribution
Distnct Advance
Fund 21,933 21,933
Expenditure
on other circuit
property 8,677 8,677
Other outgoings 13,078 13,078
Total charitable
expenditure		 569,973 158,274 5,654 733,901
Net income before investment
gains/(losses) -6,791 -158,274 -5,529 -170,594
Net (losses)/gains
on
investments -108 -108
Net (expenditure)/income
before transfers -6,791 -158,274 -5,529 -108 -170,702
Transfers
between
funds
Other gains/(losses)		 -83,400 i 83,400 ! T~a
Net movement
in funds		 -90,191 -74,874 -5,529 -108 -170,702
Total funds brought
forward		 4,112,070 ', 139,711; 5,529 6,125 4,263,435
Less future instalments
of grant
Total funds carried forward 4,021,879 64,837 0 6,017 4,092,733

total off9,901 (2019- 20:F748).
2020-21 2019-20
From General
Fund
Gane Be uest interest aid to Gos ort MC 99 109
Grant returned
from
Li hook MC		 -450
Total 99 -341
From Local Preachers Fund:
Donation
to Connexional
LWPT		 Fund 179
Total 179
From Mission 8 Outreach
Fund
Remove a reed
rant		 to Beacon Church -10,000
Grants to Churches
for mission		 ro ects 910
Total -10,000 910
Total
rants and donations		 -9,901 748
Salaries and associated costs
Gross salaries
paid to		 11(12 in 2019-20) employees were as follows.
2020-21 2019-20
Gross
a		 247,880 226,645
Employer's
National		 Insurance Contnbutions 20,747 18,270
Employer's
pension		 contributions
to defined
benefit schemes 51,212 45,343
Total stipends
and		 associated costs 319,839 290,258

2020-21 2019-20
Maintenance and repairs on manses 33,588 22,494
Quinquennial inspections on manses 260 780
Donations
used towards		 fridge freezer 125
IIaintenance on manses total 33,848 23,399
Quinquennial inspections on churches 3,250 1,925
Letting agent fees 6,474 6,752
Manse purchase
costs		 480
Expenditure on other Circuit property total 10,204 8,677

Office exp enses
and te		 lephone
an		 d travel
2020-21 2019-20
Ministers'
8 La		 em
lo ees office		 costs 1,392 2,918
Circuit office costs 3,232 4,194
Office ex enses total 4,624 7112
Ministers'
& La		 em
lo ees travel		 costs 6,492 12,690
Circuit Stewards' travel costs 732 573
Ministers'
8 La		 em
lo ees tele		 hone costs 4,543 3,959
Tele hone and travel total 11,767 17,222

2020-21 2019-20
Manses insurance 8,678 8,220
Manses council tax 17,955 17,274
Manses water
& sewera		 e rates 3,050 3,276
Total 29,683 28,770
Other outgoings
2020-21 2019-20
Local preachers'
expenses		 520 1,068
Su ernumeraries'
ex		 enses 1,050 2,241
Trainin
and Develo		 ment costs 40 566
Audit fees 3,640 3,800
TMCP admin char e 779 818
Bank char es 98 74
Contribution
to URC		 for Dra ton United Church 992 992
Miscellaneous
costs		 2,345 2,004
Removal costs 4,278 1,515
Relocation allowance 600
Total 14,342 13,078

Land Buildings Total
f
Cost or valuation
Balance brought forward at 31 August
2019, frozen
at		 1 September 2015,
deemed cost 1,165,536 2,331,071 3,496,607
Transfers between categories
Balance carried forward at
31 August
2021		 1,166,636 2,331,071 3,496,607

Debtors and prepayments
were made up as		 prepayments
were made up as
follows: 2020-21 2019-20
F L'
Debtors
Contribution for Conference
minutes		 25 25
Contribution for Prayer handbooks 101
Contnbution for church DBSchecks 23
Unpaid
church assessments
2020-21		 16,484
Bookkeeping paid for in September 50
Late assessment
paid		 in September 200
Prepayments
Ministers'
stipends
paid
in advance		 12,715 21,193
Accrued income
August
rent		 paid
in September		 3,750 3,750
CMTF interest due for 31 August 46 258
Total 33,144 25,476
Loans by the Circuit
Bedhampton Methodist Church 10,000 10,000
Total 43,144 35,476

deposit account each quarter.
These		 are regarded
as
Market value 6
As at 1 September
2020		 6,017
Revaluation 1,104
As at 31 August 2021 7,121
Net book value
As at 31 August 2021 7,121
As at 31 August 2020 6,017

9
C		 reditors , accr ued exp enses and d eferred
inc		 ome
2020-21 2019-20
E
Creditors:
Audit fee 3,720 3,800
Expenses reimbursed 985 1,461
Balance of Connexional Grant due
payable to Beacon Church Bordon 862 14,357
Balance of
donations		 paid into
Refugee Asylum
Fund		 93
Accruals:
Accrued expenses 1,405 2,178
Manse repairs owed 3,968 586
Total creditors
&		 accruals 11,033 22,382
Deferred income:
Assessments
paid		 in advance 32,998 36,212
Rent paid in advance 1,000 950
Total 33,998 37,162
Deferred Released Deferred Deferred
01-Sep-20 in year in year 31-Aug-21
Deferred income
Assessments
paid		 in advance 36,212 (36,212) 32,998 32,998
Rent paid in advance 950 (950) 1,000 1,000
Total 37,162 (37,162) 33,998 33,998

2020-21 2019-20
From CMTF
Grant a reed for Beacon Church Bordon 102,500 102,500
From Mission Fund:
Grant a reed for Beacon Church Bordon 94,471 94,471
Grant agreed
towards
rent		 for Beacon Church 10,000
Bordon
Grant a reed towards Haslemere MC Mission Intern 22,000 22,000
From Beacon Church Fund:
Grant a reed for Beacon Church Bordon 5,529 5,529
Total a reed
rants		 a able 224 500 234,500

Balance at Balance at
Gains/
Fund 01-Sep-20 Income Expenditure Transfers Losses 31-Aug-21
E E E
General
Fund		 237,814 521,801 475,957 (35,300) 248,358
Property
Reserve Fund		 3,496,607 3,496,607
Circuit Model Trust Fund 287,458 1,037 21,257 (31,500) 235,738
Manse Fund (Des) 51,935 42,266 26,500 36,169
Mission 8 Outreach (Des) 12,902 (10,000) 40,300 63,202
Local Preachers (Des) 0 0
Total unrestricted funds 4,086,716 522,838 529,480 4,080,074
Beacon Church (Res) 0 0
Penarth
Furniture
(Res)		 0 0
Total restricted funds 0 0 0
Gane Bequest 6,017 1,104 7,121
Total endowment funds 6,017 1,104 7,121
Total funds 4,092,733 522,838 529,480 0 1,104 4,087,195
Comparatives for movement
in		 funds for prior year 12 months:
Balance at Balance at
Gains/
Fund 01-Sep-19 Income Expenditure Transfers Losses 31-Aug-20
E E E E
General
Fund		 206,047 559,889 444,722 (83,400) 237,814
Property
Reserve Fund		 3,496,607 3,496,607
Circuit Model Trust Fund 409,416 3,293 125,251 287,458
Manse Fund (Des) 48,949 30,714 33,700 51,935
Mission
& Outreach		 (Des) 90,583 127,381 49,700 12,902
Local Preachers
(Des)		 179 179 0
Total unrestricted funds 4,251,781 563,182 728,247 4,086,716
Beacon Church (Res) 5,529 5,529 0
Penarth
Furniture
(Res)		 0 125 125 0
Total restricted funds 5,529 125 5,654 0 0
Gane Bequest
Total endowment		 funds 6,125
6,125		 (108)
(108)		 6,017
6,017
Total funds 4263,435 563,307 733,901 0 108 4,092,733
Balance at Balance at
Gains/
Fund 01-Sep-19 income Expenditure Transfers Losses 31-Aug-21
E F E f
General Fund 206,047 1,081,690 920,679 (118,700) 248,358
Property Reserve Fund 3,496,607 3,496,607
Circuit Model Trust Fund 409,416 4,330 146,508 (31,500) 235,738
Manse Fund (Des) 48,949 72,980 60,200 36,169
Mission 8
Outreach
(Des) 90,583 117,381 90,000 63,202
Local Preachers (Des) 179 179 0
Total unrestricted
funds 4,251,781 1,086,020 1,257,727 4,080,074
Beacon Church(Res) 5,529 5,529 0
Penarth Furniture (Res) 0 125 125 0
Total restricted funds 5,529 125 5,654 0 0
Gane Bequest 6,125 996 7,121
Total endowment funds 6,125 996 7,121
Total funds 4,263,435 1,086,045 1,263,361 0 996 4,087,195