**Stamford** 

**Circuit** 

## **SUMMARY OF CIRCUIT ACCOUNTS AND INTERNAL ORGANISATION REPORTING TO THE CIRCUIT MEETING** 

**SECTION E Please follow the Guidance Notes to complete this page** Summary of the Circuit accounts for the year ended 31 August 2020 and Internal Organisations reporting to the Circuit Meeting. Note that the funds of an Internal Organisation would normally be Restricted funds unless it could be clearly shown that they could be used for any Methodist purpose.  This section must be completed to arrive at the gross receipts and payments totals of the Circuit. If gross income exceeds the Accruals threshold of £250,000, then the Accruals method of accounting AND A DIFFERENT FORM must be used to report the accounts (see Methodist website).  Please refer to the guidance notes regarding transfers between the Circuit and connected  Circuit Organisations. 

||**SECTION E**|**SECTION E**|**SECTION E**|**SECTION E**|**SECTION E**|**SECTION E**|**SECTION E**|**SECTION E**|**SECTION E**|
|---|---|---|---|---|---|---|---|---|---|
||Summary of the Circuit accounts for the year ended 31 August 2020 and Internal Organisations reporting to the Circuit Meeting. Note that the funds of an<br>Internal Organisation would normally be Restricted funds unless it could be clearly shown that they could be used for any Methodist purpose.  This section<br>must be completed to arrive at the gross receipts and payments totals of the Circuit. If gross income exceeds the Accruals threshold of £250,000, then the<br>Accruals method of accounting AND A DIFFERENT FORM must be used to report the accounts (see Methodist website).  Please refer to the guidance<br>notes regarding transfers between the Circuit and connected  Circuit Organisations.|||||||||
||**INTERNAL**<br>**ORGANISATIONS**|Net Receipts/<br>Payments||Adjustments||Opening<br>balances||Closingbalances||
|e1||||||||||
|e2||||||||||
|e3||||||||||
|e4||||||||||
|e5||||||||||
|e6||||||||||
|e7||||||||||
|e8|Sub total of Internal<br>Organisations funds||||||**(e11)**||**(e12)**|
|e9|**Circuit accounts (totals**<br>**brought forward from**<br>**page 2 - totals column)**|**(83,644)**|||**(c7)**|**525,255**|**(c6)**|**441,611**|**(c8)**|
|e10|**TOTAL CASH FUNDS**<br>**HELD BY CIRCUIT**|**(83,644)**||||**525,255 **|**(x)**|**441,611 **|**(y)**|
|||||||||||
|**SECTION F**||||||||||



## **SECTION F** 

## **STATEMENT OF ASSETS AND LIABILITIES** 

||**SECTION F**<br>**STATEMENT OF ASSETS AND LIABILITIES**|**SECTION F**<br>**STATEMENT OF ASSETS AND LIABILITIES**|||||
|---|---|---|---|---|---|---|
||**CIRCUIT - CASH FUNDS HELD at 31 August 2020**||**OPENING**<br>**BALANCES**||**CLOSING**<br>**BALANCES**||
|f1|Cash in hand||||||
|f2|BankCurrentAccount||7,245||32,967||
|f3|Bank DepositAccount||||||
|f4|Central FinanceBoard||9,862||37,738||
|f5|Trustees for Methodist Church Purposes||508,148||370,906||
|f6|Other funds||||||
|f7|**SUB TOTAL**||**525,255 **|**(c6)**|**441,611**|**(c8)**|
|f8|Total funds held by Internal Organisations (the<br>closingbalance totals above) (e12)|||**(e11)**||**(e12)**|
|f9|**TOTAL CASH FUNDS HELD BY CIRCUIT**||**525,255 **|**(x)**|**441,611**|**(y)**|
||||||||
||**SECTION G**||At||At||
||**OTHER ASSETS and LIABILITIES**<br>Loan(s)-showamount outstanding at yearend<br>Land andBuildings (seenotesreInsurancevalue)<br>Other Assets<br>Other Liabilities<br>Investments (includeEndowments)||1 September 2019<br>6544<br>924,880||31 August 2020<br>6544||
|g1|Investments (includeEndowments)||6544||6544||
|g2|Land andBuildings (seenotesreInsurancevalue)||924,880||||
|g3|Other Assets||||||
|g4|Loan(s)-showamount outstanding at yearend||||||
|g5|Other Liabilities||||||



f4 Include only Funds held at the Central Finance Board 

- f5 Include only CFB Funds held at Trustees for Methodist Church Purposes 

- g1 Include any other investments (not the cash element of TMCP trust accounts this is inserted in line f5) 

2015 Circuit R and P.xls 

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