| Mr | M | Avis | Revd | J | Illsley | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| Mrs | P | Barrow | until | May | 22 | Mrs | J | Martyn | until | 31/8/22 |
| Mr | K | Bassett | Miss | J | Mason | |||||
| Mrs | D | Beesley | Mrs | J | Minnell | |||||
| Mr | D | Beesley | Mr | P | Moody | |||||
| Mr | R | Bond | until | Oct | 21 | Mrs | H | Murphy | until | Apr 22 |
| Mrs | J | Brandon | Revd | D | Muskett | |||||
| Mrs | S | Calvert | Mrs | M | Newnham | until | Apr 22 | |||
| Mrs | L | Collins | Mr | H | Nightingale | |||||
| Revd | D | Coote | Mrs | B | Noakes | until | Apr 22 | |||
| Mr | N | Cox | Mr | A | Painter | |||||
| Mrs | P | Cuckow | Mrs | J | Pannell |
| Year ended | 31August 2 | 022 | |||||
|---|---|---|---|---|---|---|---|
| Mr | A | Dabbs | Mr | M | Petter | ||
| Mrs | A | Davis | until Apr 22 | Mrs | A | Rice | |
| Miss | P | Dimmick | Revd | D | Rice | ||
| Mrs | S | Dewberry | Dcn | S | Richardson | from Sep 22 | |
| Mrs | P | Dey | from Oct 21 | Mrs | B | Ross | |
| Mr | R | Duke | from May 22 | Mr | D | Sawyer | |
| Mr | B | Dyer | Revd | C | Simpson | ||
| Revd | E | Goddess | Mr | G | Smithers | ||
| Revd | R | Goddess | Mrs | R | Standford | ||
| Mrs | A | Griffiths | Mrs | A | Steinhausen | ||
| Mr | P | Gregory | Mr | M | Thomas | ||
| Dcn | J | Haeon | from Sep 22 | Mrs | M | Travell | |
| Mr | A | Haynes | Mrs | E | Wade | from Sep 22 | |
| Mrs | S | Haynes | Mrs | M | Wheeler | ||
| Mrs | B | Hayward | Mrs | C | Wilkins | ||
| Mrs | E | Hodges | Mrs | C | Withers | from Sep 22 | |
| Mr | B | James | Mrs | L | Wright | until Apr 22 | |
| Mrs | F | Jenkins | Revd | S | Wright |
| Statement ofFinancial Activities | Statement ofFinancial Activities | Statement ofFinancial Activities | (SOFA) for | the year ended 31August 2022 | the year ended 31August 2022 | the year ended 31August 2022 | the year ended 31August 2022 | ||
|---|---|---|---|---|---|---|---|---|---|
| Notes to | Circuit IHodel | Designated | |||||||
| the | General Fund | Trust Fund | Funds | Restricted | Endowment | Total | Total | ||
| accounts | (Unrestricted) | (Unrestricted) | (Unrestricted) | Funds | Funds | 2021-22 | 2020-21 | ||
| f | F | E | E | ||||||
| Income and Endowments | |||||||||
| Income from investments | 2,237 | 3,367 | 5,604 | 1,725 | |||||
| Income from charitable activities | |||||||||
| Assessments on churches |
422,719 | 422,719 | 444,540 | ||||||
| Total from charitable activities | 422,719 | 0 | 422,719 | 444,540 | |||||
| Lettings | 123,821 | 123,821 | 73,310 | ||||||
| Total charitable income |
548,777 | 3,367 | 0 | 552,144 | 519,575 | ||||
| Other income | 7,397 | 250 | 7,647 | 3,263 | |||||
| Total income and endowments | 556,174 | 3,367 | 250 | 0 | 559,791 | 522,83& | |||
| Expenditure | |||||||||
| Expenditure on charitable activities |
|||||||||
| Grants and donations | 7,22 | 3,652 | -102,500 | -22,377 | -121,225 | -9,901 | |||
| Stipends and associated costs |
8 | 237,497 | 41,000 | 278,497 | 319,839 | ||||
| Maintenance on manses |
g | 280 | 21,239 | 21,519 | 33,848 | ||||
| Of&ca expenses | 10 | 5,115 | 5,115 | 4,624 | |||||
| Telephone and travel |
10 | 19,694 | 19,694 | 11,767 | |||||
| Insurance and utility costs |
11 | 13,370 | 8,198 | 21,568 | 29,683 | ||||
| District assessment | 16,704 | 16,704 | 15,156 | ||||||
| Methodist Church Fund |
84,504 | 84,504 | 79,440 | ||||||
| Contribution to District Advance |
Fund | 13 | 325,111 | 325,111 | 20,478 | ||||
| Expenditure on other circuit property |
9 | 37,9&4 | 37,984 | 10,204 | |||||
| Other outgoings | 12.13 | 23,812 | 989 | 250 | 25,051 | 14,342 | |||
| Total charitable expenditure |
442,612 | 264,600 | 7,060 | 250 | 714,522 | 529,480 | |||
| Net income before investment | |||||||||
| gains/losses | 113,562 | -261,233 | -7,060 | 0 | -154,731 | -6,642 | |||
| Net (losses)/gains on investments |
13,18 | -447 | ~7 | 1,104 | |||||
| Net (expenditure)/income | |||||||||
| before transfers | 113,562 | -261,233 | -7,060 | -447 | -155,17& | -5,538 | |||
| Transfers between funds Other gains/(losses) |
14 15 |
-29,000 -385,778 |
831,241 | 29,000 | O 445,463 |
~0 0 |
|||
| Net movement in funds |
-301,216 | 570,008 | 21,940 | 0 | ~7 | 290,285 | -5,538 | ||
| Total funds brought forward |
23-26 | 3,744,965 | 235,738 | 99,371 | 0 | 7,121 | 4,087,195 | 4,092,733 | |
| 0 | 0 | ||||||||
| Total funds carried forward | 23-26 | 3,443,749 | 805,746 | 121,311 | 0 | 6,674 | 4,377,480 | 4,087,195 |
| General Fund | Circuit Model | Designated | Restricted | Endowment | Totals 2022 | Totals | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| (Unrestricted) | Trust Fund | Funds | Funds | Funds | 2021 | |||||||||
| Notes to the | (Unrestricted) | (Unrestricted) | ||||||||||||
| accounts | ||||||||||||||
| Manses | 16 | 3,110,829 | 3,110,829 | 3,496,607 | ||||||||||
| investment ro |
rties | |||||||||||||
| investments | 18,25 | 6,674 | 6,674 | 7,121 | ||||||||||
| Total fixed | assets | 3,110,829 | 6,674 | 3,117,503 | 3,503,728 | |||||||||
| Cufrelrt Assets | ||||||||||||||
| Debtors and re |
ents | 17 | 36,841 | 385 | 37,226 | 33,144 | ||||||||
| Loans b the Circuit | 17 | 10,000 | ||||||||||||
| investments with TMCP |
18 | 362,353 | 362,353 | 338,192 | ||||||||||
| Solicitors' Client Account | 19 | 443,008 | 443,008 | |||||||||||
| Central Finance Board | Deposits | 20 | 319,947 | 194,269 | 514,216 | 457,338 | ||||||||
| Cash at Bank and | in hand | 20 | 18,242 | 18,336 | 14,324 | |||||||||
| Total | current | assets | 375,030 | 805,746 | 194,269 | 1,375,139 | 852,998 | |||||||
| Current liabilities | ||||||||||||||
| Creditors (due in under | 1 | year) | 21 | 42,110 | 42,646 | 45,031 | ||||||||
| Grants payable within |
1 | year | 22 | 72,516 | 72,516 | 224,500 | ||||||||
| Total | current liabilities | 42,110 | 72,958 | 115,162 | 269,531 | |||||||||
| Net current | assetslliabilitles | 332,920 | 805,746 | 121,311 | 1,259,977 | 583,467 | ||||||||
| Total assets | less | current liabllNes | 3,443,749 | 805,746 | 121,311 | 0 | 6,674 | 4,377,480 | 4,087,195 | |||||
| Net | assets | 3,4431749 | 805,746 | 121,311 | 0 | 6,674 | 4,377,480 | 4,087,195 | ||||||
| Funds ofthe Circuit | ||||||||||||||
| Unrestricted: | ||||||||||||||
| General Fund |
23.1 | 332,920 | 332,920 | 248,358 | ||||||||||
| Pro Fund |
23.1 | 3,110,829 | 3,110,829 | 3,496,607 | ||||||||||
| Circuit Model Trust Fund | 23.2 | 805,746 | 805,746 | 235,738 | ||||||||||
| Desi nated Funds | 23.3 | 121,311 | 121,311 | 99,371 | ||||||||||
| Total Unresbtcted | Funds | 4,370,806 | 4,080,074 | |||||||||||
| Restricted Funds |
24 | |||||||||||||
| Endowment Funds |
25 | 6,674 | 6,674 | 7,121 | ||||||||||
| Total | Funds | 26 | 3,443,749 | 805,746 | 121,311 | 0 | 5,674 | 4,377,480 | 4,087,195 |
| Name of C)rou~)t | East Soient and Downs | East Soient and Downs | Methodist | Circuit | Circuit | Circuit | Circuit No 26/07 | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Statement | ofcash flows for the | year ended: | 31August 2022 | ||||||||
| 2022 | 2021 | t | |||||||||
| 0'tes | |||||||||||
| Cash flows from operating activities: |
|||||||||||
| Icashiie rat»ifro ope»tons |
1 | (308,786) | (40,548) | ||||||||
| et cash provided by (used in) operating |
activities | (308,786) | (40,548) | ||||||||
| ash flows from investing activities: |
|||||||||||
| Interest received from investments | 5604' | 1,725 | |||||||||
| Sale/(purchase) oftangible fixed assets |
831,241 | ' | |||||||||
| etcash provided by (used in) investing |
activities | 836,845 | 1,725 | ||||||||
| Change in cash and cash equivalents |
in | the reporting | period | 528,059 | (38,823) | ||||||
| Cash and cash equivalents atthe be |
inning ofthe reporting | period | 809,854, | 848,677 | |||||||
| Cash and cash equivalents atthe end |
of | the reporting | period: | 1,337,913 | aoa.ads | ||||||
| Reconciliation of net income/(expenditure) |
to net cash | flow | from operating | activities | |||||||
| 2022 | 2021 | ||||||||||
| Nett efie I» dit )fo the pont ' |
ape'odiaepe | th | |||||||||
| stare ent ta i ed 'mes) ~sdj t nrs f |
(155,178) | (5,5~38) | |||||||||
| Losses/(gains) on investments |
(1,104) | ||||||||||
| Interest received | (5,604) | (1,725) | |||||||||
| ~DaCIMMI)illCIMM) I d ht |
5,918 | (7,668) | |||||||||
| (Decrease)/increase in creditors |
(154,369) | (24,513) | |||||||||
| (308,786) | (40,548) |
| General | Designated | |||||
|---|---|---|---|---|---|---|
| Funds | Funds | Restricted | Endowment | Total | ||
| (Unrestricted) | (Unrestricted) | Funds | Funds | 2020-21 | ||
| Income and Endowments | ||||||
| Income from investments | 1,725 | 1,725 | ||||
| Income from charitable | ||||||
| activities | ||||||
| Assessments on churches |
444,540 | 445,540 | ||||
| Total from charitable activities |
444,450 | 445,540 | ||||
| Letting s | 73,310 | 73,130 | ||||
| Total charitable income |
519,575 | 519,575 | ||||
| Other income | 3,263 | 3,263 | ||||
| Total income and endowments | 522,838 | 522,838 | ||||
| Expenditure | ||||||
| Expenditure on charitable |
activities | |||||
| Grants and donations | 99 | -10,000 | -9,901 | |||
| Stipends and associated costs | 319,839 | 319,839 | ||||
| Maintenance on manses |
260 | 33,588 | 33,848 | |||
| Oflice expenses | 4,624 | 4,624 | ||||
| Telephone and travel |
11,767 | 11,767 | ||||
| Insurance and utility costs |
21,005 | 8,678 | 29,683 | |||
| District assessment | 15,156 | 15,156 | ||||
| Methodist Church Fund |
79,440 | 79,440 | ||||
| Contribution District Advance |
||||||
| Fund | 20,478 | 20,478 | ||||
| Expenditure on other circuit |
||||||
| property | 10,204 | 10,204 | ||||
| Other outgoings | 14,342 | 14,342 | ||||
| Total charitable expenditure |
497,214 | 32,266 | 529,480 | |||
| Net income before investment | ||||||
| gains/(losses) | 25,624 | -32,266 | -6,642 | |||
| Net (losses)/gains on |
||||||
| investments | 1,104 | 1,104 | ||||
| Net (expenditure)/income | ||||||
| before transfers | 25,624 | -32,266 | 1,104 | -5,538 | ||
| Transfers between funds |
%6,800 | 66,800 | ||||
| Other gains/(losses) | ||||||
| Net movement in funds |
%1,176 | 34534 | 1,104 | -5,538 | ||
| Total funds brought forward Less future instalments ofgrant |
4,021,879 | 64,837 | 6,017 | 4,092,733 | ||
| Total funds carried forward | 3,980,703 | 99,371 | 7,121 | 4,087,195 |
| n the n | egative net total |
o | fF121,2 | 25 (2020-21:-E | 9,901). | |
|---|---|---|---|---|---|---|
| 2021-22 | 2020-21 | |||||
| From | General Fund: |
|||||
| Gane | Be uest interest | aid to Gos ort MC | 152 | 99 | ||
| Grant | aid to Gos ort | Mcforroof | re airs | 3,500 | ||
| Total | 3652 | 99 | ||||
| From | Circuit Model Trust | Fund: | ||||
| Remove a reed rant |
to | Beacon | Church | -102,500 | ||
| Total | -102,500 | |||||
| From | Mission 8 Outreach | Fund | ||||
| Remove a reed rant |
to | Beacon | Church | -40,000 | -10,000 | |
| Grants | to Churches for mission |
ro'ects | 1,139 | |||
| Write | off2020-21 un | aid | assessments | 16,484 | ||
| Total | -22 377 | -10,000 | ||||
| Total | rants and donations | -121,225 | -9901 |
| INaintena | nce on manses and |
expen | diture on ot |
her Circuit |
|---|---|---|---|---|
| 2021-22 | 2020-21 | |||
| Maintenance | and repairs on manses | 21,239 | 33,588 | |
| Quinquennial | inspections on manses |
280 | 260 | |
| Maintenance | on manses total | 21,519 | 33,848 | |
| Quinquennial | inspections on churches |
860 | 3,250 | |
| Letting agent fees | 10,540 | 6,474 | ||
| Manse purchase costs | 2,526 | 480 | ||
| Copnor Church building costs |
20,656 | |||
| Bridgemary | Church building costs |
3,402 | ||
| Expenditure | on other Circuit property | total | 37,984 | 10,204 |
| Office expense | s | and telephone an |
d travel | |
|---|---|---|---|---|
| 2021-22 | 2020-21 | |||
| Ministers' 8 La em |
lo | ees office costs | 1,445 | 1,392 |
| Circuit office costs | 3,670 | 3,232 | ||
| Office ex enses total | 5,115 | 4,624 | ||
| Ministers' &La em |
lo | ees travel costs | 15,655 | 6,492 |
| Circuit Stewards' travel |
costs | 930 | 732 | |
| Ministers' &La em |
lo | ees tele hone costs | 3,109 | 4,543 |
| Tele hone and travel | total | 19,694 | 11767 | |
| Insurance and |
utility costs | |||
| 2021-22 | 2020-21 | |||
| Manses insurance | 8,198 | 8,678 | ||
| Manses council tax | 11,308 | 17,955 | ||
| Manses water &sewera | e rates | 2,062 | 3,050 | |
| Total | 21,568 | 29,683 |
| 21 Creditors, |
acc | rue | d expe | nses and de | ferred i |
|---|---|---|---|---|---|
| 2021-22 | 2020-21 | ||||
| Creditors: | |||||
| Audit fee | 3,870 | 3,720 | |||
| Expenses reimbursed | 3,506 | 985 | |||
| Assessment taken in |
error | and | owed | ||
| to Cowplain Methodist |
Church | 592 | |||
| Balance of Connexional |
Grant | due | |||
| payable to Beacon Church | Bordon | 862 | |||
| Balance of donations |
paid | into | |||
| Refugee Asylum Fund |
94 | 93 | |||
| Accruals: | |||||
| Accrued expenses | 1,221 | 1,405 | |||
| Manse repairs owed | 442 | 3,968 | |||
| Total creditors 8 accruals | 9,725 | 11,033 |
| Deferred | Deferred | income: | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assessments paid in advance |
29,386 | 32,998 | ||||||||||
| Rent paid | in advance | 3,535 | 1,000 | |||||||||
| Total | 32,921 | 33,998 | ||||||||||
| Deferred | Released | Deferred | Deferred | |||||||||
| 01-Sep-21 | in | year | in year | 31-Aug-22 | ||||||||
| Deferred | income | |||||||||||
| Assessments paid in advance |
32,998 | (32,998) | 29,386 | 29,386 | ||||||||
| Rent paid | in advance | 1,000 | (1,000) | 3,535 | 3,535 | |||||||
| Total | 33,998 | (33,998) | 32,921 | 32,921 | ||||||||
| 22 | Grants payable within | 1 year | ||||||||||
| It is Circuit policy to recognise committed | grants | immediately | as expenditure | and thus accrue the | ||||||||
| unpaid | amounts at the year-end as liabilities. |
As at 31 | August | 2022, the Circuit had the following | ||||||||
| commitments to pay any grants from the CMTF |
and | Mission | Fund: | |||||||||
| 2021-22 | 2020-21 | |||||||||||
| From | CMTF | |||||||||||
| Grant | a reed for Beacon Church | Bordon | 102,500 | |||||||||
| From | INission Fund: | |||||||||||
| Remainin rant a reed for Beacon Church |
Bordon | 50,5'I6 | 94,471 | |||||||||
| 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 | |||||||||
| Total | a reed rants a able |
72,516 | 224,500 |