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|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||
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|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|
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||||||||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)||
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|||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|
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|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|
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|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|
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|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|
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|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|
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