2021-08-31-accounts - Bingham Methodist Church

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Registered	Charity - Registration number
		Circuit No	22/16
ttftlnlster	Rev'd Martin T Smlthson
Church Stewards	Martin Watson
	Eric Roberts
	Max Teare
	Sue Otter
	Hazel Wallis
	Hilary Taylor
	Geoff Cawthorn
Church Treasurer		Peter Sroekhuizen

pageS
Name ofChurch							Blngham Methodist	Church		Number		1158426
Statement of Financial Activities			SOFA for the				ear ended $1Au ust 2021
										Total		Tots I
										2020-21		2019-20
Income and Endowments	from:
Donations and le ades								46,859		46,859		47,977
-Collections and tax credit								41659		41,659		38,986
-Donations, rantsandfundralsl								5,200		5,200		8991
acies
Charitable activities								4362		4	361	17,210
- Fund raisin
-Communl lettln s								4,361		4	361	17210
Other tradl activities								58,638		58,638		88,792
-Commercial lettln s								58,638		58,638		88,792
-Miscellaneous
Investments								187			231	594
Other								350			350	1532
Internal or anisatlons								350			350	1,532
Mlsceganeous
Total								110$95		110439		156,105
Ex endltureon:
Salaries, NIC &Pension costs
Circuit Assessment								41476		41	476	35,672
Contribution towards Communl			worker					5,000
Maintenance/Cleanln								10255		10,255		14,573
Utgitms Insurance, heat	and 8		ht,	water		etc		4,989		4,989		5,698
Rent and store e
Estate a ent lk le al costs		re commerdal				lettln	s
Interest a ble an loans								10,548		10,548		11761
Internal or anisatlons								681				1,822
Grants and Donations								2,520		2	520	1,055
Other ex ndlture								12,610		12	610	11,893
Tote I								88,079		88,079		87,474
Net income/ ex endlture								22,316		22	60	6$,631
Transfers between funds								43	43
								22,359		22	360	68,631
Other reco Ised sins/	losses								476		476	46
Net movement In funds								22,359	477	22	836	68,585
Reconcglatlon offunds:
Total funds brou t forward								1515,308	3,174	1518482		1,449,897
Total funds carried forward								1437,667	3651	1,541,318		1,518,482
For Infownatlon only Money received					and pawed on to ExternalOrganlsatlons
Balance brought forward	fram last			year								482
Offering/Gifts- received	for External				Organlsatlons					4,519		3,463
Offerings/Gifts - passed to		External		Organisations						3,385
Balance carried forward										1,53$		$99

Page 6
														gingham	Math odbt		Church
								Balance	Sheet as at	31August		2021
							Unrestricted		Oeslgnated			Reslrlctltd		Endowment		Totals this year		Totals last year
									(Unrestricted)					Funds
Tangible Fixed Assets
						Notes
land &Bugdln							1,334,19											1,334,19
E ui ent
Investment	ro	ertles						500,000									500,000
lrlve stm errls															3,070		3,070	2,631
		Totol		jbred ossets			1,834,								3,070		1,83736	1,836,82
Currant Assets
Oebtors and	Pre	4 ants						11,685		2	303							14244
Cash at Bank and		In hand						1,272	19429								20701	29,610
Trustees for Methodist				Church
Pu ses de		sits															581	543
Central Fluence Board				Oe oslts				50373									50273	91,024
Other-Property
		Total	curst'at assets					63,230	21,732							581		135,421
ols a	ccrua			ue nu	ar
1r						10		46,519		1,272			0				47,791	46,266
Nat current	assets Bablgtles							16,711	20		460		0			581	37752	89,155
Total asrecs	lass	current		Bablgtlas			tdr50,90		20,460				0		3,651		1,875,018	1,925,982
Inane						12		333,700					0				333,700	407,500
Provlslons for 0abgltles			and char		es												0	0
				Nat assets				1,52730	20,4				0		3,651		1+42,318	1,518,48
Funds ofthe	Church
Unrestricted	funds							1,517,20	20,460								1,537,667	1,525~8
Restricted funds													0
Endowment	funds														3,651		3,651	3,174
				Total Funds		23		1517,20	20,460				0		3,651		1,541,318	1,518,482
							Opening	balance				Payments		Net Receipts/			Adjustments	Closing
														Payments				Balances
Internal Organlsatlons
Scarrln on	Methodist		Church
33rd Notgngham		The	Boys' Brigade
and Girls' Assaclatlon											350				(asti			1,375
Total								1,706			35				(331			1,375

		Church (non
		investment)	Investment
		land and	properties (land
		bufldlngs	and bufldlngs)	Total
		E	E	E
Cost or valuation
Balance brou ht	and carried forward	1,334,196	500,000	1,834,196
Accumulated depredation
Balance brought	and carried forward
Net book value
Brought forward		1,334,196	500,000	1,834,196
Carried forward		1,334,196	500,000	1,834,196

Investments		This year	Last year
		E	E
CFBManaged Mixed Fund units		3107	2631
Analysis ofdebtors and prepayments		This year	Last year
		E	E
Prepayments		12,694	14,244
Other		1,294
Total debtors and prepayments			14,244
Analysis ofcreditors and accruals
Commercial letting income received	in adv,	4,561	4,257
Accrual for interest payable on loans	(General)	1,665	2,010
Expense Accruals		2,806	671
Tenants Service Charges		920	753
Tenants Deposit		3,000
Current portion ofloans (note 12)		36,000	31,000
VAT Payable		3,639	7,575
Total Current Llablfltles		52,591	46,266

Loans and	creditors due after one year
Loans
Source		Amount
		brought	Repayable	In	Belance et
		forward	the year		year end
		E	E		E
Methodist	Chapel Aid Limited	371,00	63,600		307,40
Grantham	&Vale of Belvoir Circuit	62,500	10		52
Private Loans		5,000
		438,5	73		364,90
Repayment	due
Due within	12months (note 10)				36,00
Due after more than 12months					328,90
Total

Unrestricted	Funds
Fund Name				Opening		Income	Expenditure	Transfers	Revaluation	Closing
				Balance					gains/losses	Balance
General fund				1,478,03		103,582	(69,633	43		1,512,02
Property fund	(designated)			31,344		4,361	(15,245			20,460
Friendship fund						1,090	(520)			1,516
Rainbow fund					165
Uvely Spirits fund				2,561			(1,000)			1,561
Dove Hospice					514						514
Charity Fund					40	987	(1,000)				27
Internal organlsations				1,706		350	(681)			1,375
			Totals	1,515,30		110,39	(88,079)	43	0	1,537,66
Endowmentpunds
Fund Name				Opening		Income	Expenditure	Transfers	Revaluation	Closing
				Balance					gains/losses	Balance
Mem Mrs	5 E Lan	aff			120						120
H N Fewster Be vest				2,296		38		38	421	2	717
G H White Be uest					335				55
FAShe enson Be vest					415						416
Blngham
			Totals	3	17			(43	476	3,651

This	ear	ear
Name ofrelated party				Relationship	Description of			Income from	Payments to	Loansto/(from)/		Amounts	owed
					transaction			related party	related party	(return	ofloans	by/(to)	related
								during the yea	during the year	fram) related party		party saon 51-
										during	the year	Aug-2021
Methodist			Church Fund
Mission		In	Britain Fund
Fund for Support of
r
Fund for Property
World	Mission Fund
Grantham			&Vale af	Circuit to	Circuit Assessment,				46,476		10,000	(	52,500)
Belvolr		Grcuit		which the	contribution	to
				Church	Community	worker
				belongs	and loan to	assist
					with the financing of
					the bugdlng
Various		private individuals		Various	Loans to assist with								(5,000)
no loan		exceeds 65,000 in		Individuals	the financing ofthe
total				associated	bugdlng
				with the
Total									46,476		10,000	(	57,500)
Last		esr
Name ofrelated party				Relationship	Descrlptian of			Income from	Payments to	Loans to	/ (from) /	Arrlounts	owed
					transaction			related party	related party	(return	ofloans	by / (to)	related
								during the year	during the year	fram) related party		party as	on 51-
										during	the year	Aug-2020
)MA
Methodist			Church Fund
Mission		In	Britain Fund
Fun orfupporto
Presbyters			& Deacons
Fund for Property
World		Mission Fund
6rantham			&Vale of	Circuit to	Grcult Assessment,				41,672		10,000	(	62,500)
Belvoir		Circuit		which the	contribution	to
				Church	Community	worker
				belongs	and loan ta	assist
					with the financing		of
					the building
Various		private Individuals		Various	Loans to assist with								( 5,000)
no loan		exceeds 65,000 In		Individuals	the Rnancing ofthe
total				assodated	bugdlng
				with the
Total									41,672		10,500	(	67,500)