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2020-08-31-accounts

Ministers Rev John Ritson
Rev Gillian Le Boutillier —Scott (retired 31"August 2020)
Rev Sharon Lovelock
Rev Dermot Thornberry
Rev Jonathan
Todd
Circuit Stewards Ms Sue Wilkins
Dr Helen Richardson
Mrs Julia Bevis
Mr Rodney Stone
Mr lan Beavis (appointed 18'"March 2020)

Note General Model Total Total
Fund Trust 2019/20 2018/19
Fund
Charitable
activities:
Assessments 233095 233095 250411
Investment
income
567 7110 7677 7445
Other income 50200 6923 57123 29364
Total Income 283862 14033 297895 287220
Stipends and salaries 7 150734 150734 160337
District assessment 9693 9693 8128
Methodist
Church Fund
45381 45381 42866
Telephone
and travel
12381 12381 18849
Insurance
and utilities
22946 22946 20338
Rent ofmanse 35494 35494
Maintenance ofmanses 9176 9176 9742
Expenditure
on circuit property
47169 47169 32272
Examiners fee 900 900
Other expenditure 5369 1521 6890 17993
Grants and donations 100 82000 82100 2100
Contributions
to Connexional
Priority Fund 169928 169928 53226
Total Expenditure 292174 300618 592792 365851
Net Income (Expenditure) (8312} (286585) (294897) (78631}
Transfers between funds (330657) 330657
Gains (losses)on revaluation
offixed assets 129147 129147 (13306)
Gains/losses
on investment
assets (90) (90) 36
Net movement
in funds
(209822) 43982 (165840) (91901)
Reconciliation ofFunds
Total funds brought forward 2076795 763310 2840105 2932006
Total funds carried forward 1866973 807292 2674265 2840105

Note General Model Total Total
Fund Trust 2020 2019
Tangible Fixed Assets
Land and buildings 9 1763863 1763863 1984716
Investments 10 3604 3604 3694
Total Fixed Assets 1763863 3604 1767467 1988410
Gent Assets
Debtors and prepayments 11 30534 2000 32534 24185
Trustees for Methodist Church
Purposes deposits 812857 812857 756300
Central Finance Board deposits 102724 102724 161289
Cash atbank 15828 15828 3367
Total Current Assets 149086 814857 963943 945141
Creditors and Accruals
Due under
1 year
12 -45976 -11169 -57145 -93446
Net Current Assets 103110 803688 906798 851695
Net Assets 1866973 807292 2674265 2840105
Funds ofthe Circuit
General Fund unrestricted 1866973 1866973 2076795
Model Trust Fund unrestricted 807292 807292 763310
Total Funds 1866973 807292 2674265 2840105

.Analysi s ofCurrent Assets
Debtors and prepayments
Stipends in advance 7421 8732
Other debtors and prepayments 25113 15453
232534 224185

ed Analysis ofIndividual
ricted
Funds
Fund Movements
General Model Trust Total
Fund Fund
Opening
balance
Income
2076795
413009
763310
14003
2840105
427042
Expenditure
Transfers
-292174
-330657
- 300708
330657
-592882
Closing balance f18866973 2807292 f2674265

ered
related parties for the purpose
ofdetermining
re
lated party trans actions.
2020 2019
Circuit Churches:
Assessment
income
233095 250411
Grants 2000 2000
Funds transferred
on closure
500 11132
Loan made/(repaid)
in year
(1?000)
Debtor for assessments
Assessments
paid
in advance
30833 29801
Methodist
Church Organizations:
District Assessment 9693 8128
Chairman's
Benevolent
Fund
100 100
Methodist
Church
Fund contribution
45381 42866
Connexional
Priority
Fund contribution
169948 53226
Deposit —Trustees for Methodist Church Purposes 812857 756300
Deposit —Central Finance Board 102724 161289