# ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Mr|M|Avis||| |---|---|---|---|---| |Mr|K|Bassett|until|31/8/23| |Mrs|D|Beesley||| |Mr|D|Beesley||| |Mrs|J|Brandon||| |Mrs|S|Bond|from|01/9/23| |Mrs|S|Calvert||| |Mrs|L|Collins||| |Revd|D|Coote||| |Mr|N|Cox||| |Revd|P|Crispin|from|01/9/23| |Mrs|P|Cuckow||| |Mr|A|Dabbs||| |Mr|T|DeGraftEshun|from|12/9/23| |Mrs|S|Dewberry||| |Mrs|P|Dey||| |Miss|P|Dimmick||| |Mr|R|Duke|until|31/8/23| |Mr|B|Dyer||| |Revd|D|Faulkner|from|01/9/23| |Revd|E|Goddess||| |Revd|R|Goddess||| |Mrs|A|Griffiths||| |Mr|P|Gregory||| |Dcn|J|Hacon||| |Mr|A|Haynes||| |Mrs|S|Haynes|until|12/9/23| |Mrs|B|Hayward|until|12/9/23| |Mrs|E|Hodges||| |Mr|B|James||| |Mrs|F|Jenkins|until 12/9/23| |---|---|---|---| |Revd|J|lllsley|| |Mrs|J|Martyn|from 01/9/23| |Miss|J|Mason|Deceased| |Mrs|J|Minnell|| |Mr|P|Moody|until 31/8/23| |Revd|D|Muskett|| |Mr|H|Nightingale|| |Mr|A|Painter|| |Mrs|J|Pannell|| |Mr|M|Petter|| |Mrs|A|Rice|until 31/8/23| |Revd|D|Rice|| |Dcn|S|Richardson|| |Mrs|B|Ross|| |Mr|D|Sawyer|| |Revd|C|Simpson|until 31/8/23| |Mr|G|Smithers|until 31/8/23| |Mrs|R|Standford|| |Mrs|A|Steinhausen|| |Mr|E|Strankalis|from 01/9/23| |Mr|M|Thomas|| |Mrs|M|Travell|| |Mrs|E|Wade|| |Mr|M|Wade|from 01/9/23| |Mrs|M|Wheeler|| |Mrs|C|Wilkins|| |Mrs|C|Withers|| |Revd|S|Wright|until 31/8/23| ## ## ## ## ## ## ## |||||||||General Fund|Circuit Model|Designated|Endowment|Totals 2023|Totals| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||(Unrestricted)|Trust Fund|Funds|Funds||2022| ||||||||Notes to the||(Unrestricted)|(Unrestricted|||| ||||||||accounts|||)|||| |||||||||||5|||| |Fixed Assets|||||||||||||| |Menses|||||||16|3,454,427||||3454 427|3,110,829| |Investment
pro|erties||||||||||||| |Investments|||||||18,25||||6,391|5,391|6,674| |||Total|||lixed assets|||3,454,427|||6,391|3,460,818|3,117,503| |Current Assets|||||||||||||| |Debtors and
re|a ments||||||17|56,262|4000|||60262|37,226| |Loans by the Circuit|||||||17|1,500||||1 500|| |Investments
with|TMCP||||||18||817209|||817209|362,353| |Solicitors' Client Account
Central Finance Board Deposits
Cash at Bank and in hand|||||||19
20
20|193,611
12,026||126,764||320 375
12,026|443,008
514,216
18,336| ||Total|||current||assets||263,399|821,209|126,764|0|1,211,372|1,375,139| |Current
liabilities|||||||||||||| |Creditors (due in under
Grants payable
within||1|1 year)
year||||21
22|36,176||888
62,061||37,064
62,061|42,646
72,516| ||Total|current liabilities||||||36,176||62,949|0|99,125|115,162| |Net current|||asselsiliabiliti ss|||||227,223|821 209|63815|0|1 112247|1,259,977| |Total assets|less|current liabilities||||||3,681,650|821,209|63,815|6,391|4,573,065|4,377,480| ||||||Netassets|||3,681,650|821,208|63,815|6,391|4,573,065|4,377rl80| |Funds ofthe Circuit|||||||||||||| |Unrestricted:|||||||||||||| |General
Fund|||||||23.1|227,223||||227,223|332,920| |Pro e
Fund
Circuit Model Trust Fund|||||||23.1
23.2|3,454,427|821,209|||3,454,427
821,209|3,110,829
805,746| |Desi nated Funds|||||||23.3|||63,815||63,815|121,311| |Total Vnresfricted||||||Funds||||||4,566,674|4,370,806| |Endowment
Funds|||||||24||||6,391|6,391|6,674| |||||Total||Funds|25|3,681,650|821,26$|63,815|6,391|4,573,06$|4,377,480| |Name ofCircuit|East So)sot snd Downs|East So)sot snd Downs|Methodist|Methodist|Circuit|Circuit||||iCircuit No 26/07|iCircuit No 26/07||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Statement|ofcash flaws for the|year ended:||||31August 2023
-+!|||||||| |||||||||||||2|| |||||||||2023|||2022||| |||||||Notes||9|||||| ||Cash Flows from operati~nact}vitlss:||||||||||||| ||Cetb generated
from opersiions||||||1|(229,136)|||(308,786)||| ||Net cash provided
by (used in}operating||activities||||||||(308,786)||i| ||Cash flows from investing
activities:||||||||||||| ||Interest received
from investments
Sale/(purchase)
oftangible
fixed assets||||||[|39u44II
1,932|||5,604
831,241||I| ||Net cash provided
by fused in) investing||activities|||||41,373|I||838,845|i|| ||,Change
in cash and cash equivalents|in|the reporting||period|||-187,763|||526 059||| ||cash and cash equivalents
at the beginning|||ofths reporting||period||1 337,913|||809,854||| ||Cash and cash equivalents
at the snd|of|the reporting||period||I|1,150,150I|||1,337,813||| |~fnecanciliatton
ofnet incom~e/(sx
nditure}||||to net cash|flow from opera~tin||activities||||||| |||||||||2023|||2022||| |||||||||8|||||| ||Net income/{expenditure)
for the reporting|||period {aspsr the|||||||||| ||!
statement
oftinancial
activities)
/(adjustments
for:
Losses/(gains)
on investments||||||}|(149,945}l
2~83||.|«55,178}||| ||Interest received
Decrease/(increase)
in debtors|||||||(39us~41
I
(24,536)||I|(5,604)
5.918||| ||(Decrease)/increase
in creditors
Net cash provided
by (used in) operating||activities|||||«5497)
(229 136)|||«54369)I
(308786)||| ## ## ## ## ## ## ## ## |||||||| |---|---|---|---|---|---|---| |3
Statement of Financial Activities
General|||for the
Designsted|year ended|31August 2022|| |||Funds|Funds|Restricted|Endowment|Total| |Income and Endowments||(Unrestricted)
f|(Unrestricted)|Funds
F|Funds
f|2021-22
8| |Income from investments
Income from charitable||5,604||||5,604| |activities||||||| |Assessments
on churches
Total from charitable
activities||422,719
422,719||||422,719
422,719| |Lettings||123,821||||123.821| |Total charitable
income
Other income
Total income and endowments
Expenditure||552,144
7,397
559,541||250
250||552,144
7,647
559,791| |Expenditure
on charitable|activities|||||| |Grants and donations
Stipends and associated costs
Maintenance
on manses
Office expenses
Telephone
and travel
Insurance
and
utility costs
District assessment
Methodist
Church
Fund
CMTF levies
Expenditure
on other circuit||280
5,115
19,694
13370
16,704
84,504
325,111
88
-9, 48
278,497|21,239
8 198
-22 377|||-121,225
276,497
21,519
5,115
19,694
21,568
16,704
84,504
325,111| |property||37,984||||37,984| |Other outgoings||24,&01||250||25 051| |Total charitable
expenditure||707,212|7,060|250|0|714522| |Net income before investment||||||| |(losses)/gains||147,671|-7,060|||-154,731| |Net (losses)/gains
on||||||| |investments||||||| |Net (expenditure)/income||||||| |before transfers||-147,671|-7,060|0|-447|-155178| |Transfers
between
funds||-29000|29 000|||| |Other gains/(losses)||445463||||445,463| |Net movement
in funds||288,792|21,940|0|~7|290,285| |Total funds brought forward
Less future instslments
ofgrant||3980,703|99,371|0|7,121|4087,195| |Total funds carried forward||4249,495|121,311|0|6674|4,377,480| ## ## ## ## ## ## ## |Maintenance
on|man|ses|and|ex|pend|iture
on oth|er Circuit p| |---|---|---|---|---|---|---|---| |||||||2022-23|2021-22| |Maintenance
and repairs|on|manses||||70,002|21,239| |Quinquennial
inspections|on|manses||||480|280| |Maintenance
on manses total||||||70,482|21,519| |From General Fund 8 Property Reserve Fund:|||||||| |Quinquennial
inspections|on|churches||||1,295|860| |Letting agent fees
Copnor Church
building|costs|||||5,625
15,607|10,540
20,656| |Bridgemary
Church
building||costs||||14,052|3,402| |Manse legal fees||||||3,719|2,526| |Total||||||40,298|37,984| |From Circuit Model Trust Fund:|||||||| |Manse legal fees||||||9,659|| |Total||||||9,659|| |Expenditure
on other Circuit property||||total||49,957|37,984| |Office expenses and||telephone|||and|travel|| |||||||2022-23|2021-22| |Ministers'
& La
em
lo|ees|office|costs|||1,041|1,445| |Circuit office costs||||||5,927|3,670| |Office ex enses total||||||6,968|5,115| |Ministers'
&La
em
lo|ees'|travel|costs|||18,000|15,655| |Circuit Stewards'
travel|costs|||||1,086|930| |Ministers'
& La
em
lo|ees'|tele|hone costs|||4,296|3109| |Tele hone and travel total||||||23,382|19694| |Insurance
and utility||costs|||||| |||||||2022-23|2021-22| |Manses insurance||||||9,998|8,198| |Manses council tax||||||20,234|11,308| |Manses water 8,sewera
e rates||||||4,668|2,062| |Total||||||34,900|21,568| |Other outgoings|||||||| |||||||2022-23|2021-22| |Local preachers'
expenses||||||2,000|1,494| |Su ernumeraries'
ex enses||||||2,706|2,256| |Circuit Stewards'
other|costs|||||90|| |Trainin
and Develo
ment||costs||||469|1,106| |Audit fees||||||4,063|3,870| |Youth work|||||||225| ## ## ## ## |buildings|was gre|ater than the c|arrying
va|lue ofthat par|t ofthe asset'|s cost to da| |---|---|---|---|---|---|---| |Cost or|valuation|||Landf|Buildings|Total
E| |Balance|brought|forward
at 31|August|||| |2022||||1,036,943|2,073,886|3,110,829| |Remove|value of|manse sold||(128,800)|(257,602)|(386,402)| |Remove|purchase|price ofmanse sold||(116,667)|(233,333)|(350,000)| |Add purchase
price of2 manses|||bought|360,000|720,000|1,080,000| |Balance|carried|forward at||||| |31August 2023||||1 151476|2302951|30454 427| ## |greed at|Circuit Meeting.||||| |---|---|---|---|---|---| |Debtors|and prepayments
were|made|up as|2022-23|2021-22| |follows:||||F|| |Debtors|||||| |Contribution
for Prayer handbooks||||213|232| |Unpaid|church assessments
2021-22||||8,809| |Unpaid|church assessments
2022-23|||24,731|| |Prepayments|||||| |Ministers'
stipends
paid in advance||||24,063|22,390| |Lettings|fees paid in advance||||210| |Accrued income|||||| |August|rent paid
in September|||3,950|5,200| |CMTF interest due for 31 August||||4,000|385| |Refund|received
in
October|for|Copnor||| |Church|building
insurance
paid|in May||3,305|| |Total||||60,262|37,226| ## ## ## ## |21
Creditors, acc|rued|expe|nses and de|ferred
i| |---|---|---|---|---| ||||2022-23|2021-22| |Creditors:||||| |Audit fee|||4,063|3,870| |Expenses reimbursed
Assessment
taken
in error|and owed||2,189|3,506| |to Cowplain
Methodist
Church||||592| |Farewell
service
collection|owed|to||| |Methodist
Church
Fund for|Training||389|| |Balance
of
donations|paid|into||| |Refugee Asylum
Fund||||94| |Accruals:|||||| |---|---|---|---|---|---| |Accrued expenses||1,182|1,221||| |Manse repairs owed||888|442||| |Total creditors 4|accruals|8,711|9,725||| |Deferred income:|||||| |Assessments
paid|in advance|27,318|29,386||| |Rent paid in advance||1,035|3,535||| |Total||28,353|32,921||| |Total creditors||37,064|42,646||| |||Deferred|Released|Deferred|Deferred| |||Oi-Sep-22|in year|in year|31-Aug-23| |Deferred income|||||| |Assessments
paid|in advance|29,386|(29,386)|27,318|27,318| |Rent paid in advance
Total||3,535
32,921|(3,535)
(32,921)|1,035
28,353|1,035
28,353| ## |ommitments
t|o pay gr|ants from th|e Mission|Fu|nd:||| |---|---|---|---|---|---|---|---| |||||||2022-23|2021-22| |From Mission|Fund||||||| |Remainin
rant a reed for Beacon Church||||Bordon||36,261|50,516| |Grant a reed|towards|Haslemere|MC Mission||Intern|25,800|22,000| |Total a reed|rants|a able||||62,061|72,516| ## ## ## ## ## ## ## |Movement|in funds|for current ye|ar 12 month|s:|||| |---|---|---|---|---|---|---|---| |Fund||Balance at
01-Sep-22|Income
f|Expenditure|Transfers|Gains/
Losses
E|Balance at
31-Aug-23f| |General
Fund
Property Reserve
Circuit Model Trust
Manse Fund (Des)
Mission
&Outreach
Total unrestricted
Gane Bequest
Total endowment|Fund
Fund
(Des)
funds
funds|332,920
3,110,829
805,746
35,731
85,580
4,370,806
6,674
6,674|225,895
713,993
0
0
488,098|178,329
79,999
42,632
863,655
0
0
562,695|(31,100)
(1,932)
(32,103)
65,135|345,530
345,530
(283)
(283)|227,223
3,454,427
821,209
20,867
42,948
4,566,674
6,391
6,391| |Total funds||4,377,480|713,993|863655|0|345,247|4,573065| |Comparatives
for m|ovement
in fu|nds for prior|year 12 month|s:||| |---|---|---|---|---|---|---| |Fund|Balance at
01-Sep-21|Income
F|Expenditure
E|Transfers
E|Gains/
Losses
f|Balance at
31-Aug-22| |General
Fund
Property Reserve Fund
Circuit Model Trust Fund
Manse Fund (Des)
Mission
&Outreach
(Des)
Total unrestricted
funds
Local Preachers (Res)|248,358
3,496,607
235,738
36,169
63,202
4,080,074
0|3,367
559,541
250
556,174|264,600
29,438
(22,378)
714,272
250
442,612|29,000
(29,000)|(385,778)
831,241
445,463
0|332,920
3,110,829
805,746
35,731
85,580
4,370,806
0| |Total restricted funds|0|0|0||0|0| |Gane Bequest
Total endowment
funds|7,121
7,121||||(447)
(447)|6,674
6,674| |Total funds|4087195|559791|714,522|0|445,016|4,377,480| |A current year 12 m|onths
and pri|or year 12 m|onths
combine|d
position
is|as follows:|| |---|---|---|---|---|---|---| ||Balance at||||Gains/|Balance at| |Fund|01-Sep-21
F|Income
F|Expenditure
f|Transfers|Losses|31-Aug-23| |General
Fund|248,358|1,044,272|1,005,307|(60,100)||227,223| |Property
Reserve Fund
Circuit Model Trust Fund|3,496,607
235,738|229,262|442,929|(1,932)
(32,103)|(40,248)
831,241|3,454,427
821,209| |Manse Fund (Des)
Mission &Outreach
(Des)
Total unrestricted
funds|36,169
63,202
4,080,074|1,273,534|109,437
20,254
1,577,927|94,135
0|790,993|20,867
42,948
4,566,674| |Local Preachers(Res)
Total restricted funds|0
0|250
250|250
250||0|0
0| |Gane Bequest
Total endowment
funds|7,121
7,121||||(730)
(730)|6,391
6,391| |Total funds|4 087,195|1,273784|1,578,177|0|790,263|4,573,065| ## ## ## ## ## ## ## ## ## ## ##