2022-08-31-accounts - Staffordshire Moorlands Methodist Circuit

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Statement ofRnancial Actilvitie	e (SOF	A)forthe ye	ar ended 3't	August 20	22
	Notes to		Circuit Nfiodel
	the	General Fund	Trust	Endowment	Total
	account»	(Unrestricted)	(Unrestricted)	Funds	2021-22
income
1 Donations and legades 2 Income from monetary Investments 3 Income from investment properties 4 Assessments on Churches 5 Capital Receipts 8 Grants received			1,307		0 1,870 0 170,838 562,727
7 Other charitable income 8Total tncome Expenditure		819 784,741	1,807		0 619 785,049
9 Grants and donations 10Salaries and associated costs 11Propeny maintenance 12Connexional assessment &model trust 13District Assessment &Levy 14Depreciation 15Ofgce mpenses 18Other outgoings 17Toed charitable expenditure 18Gainsf(fosses) on monetary fnvestments	6 levy	190,581 14,179 47,528 5,892 87,864 296834	47,'l71 47,171	0	0 190,881 14,179 47,'I71 4'/,628 0 5,882 37864 344,006
19Galnsi(fosses) on Investment proper6es
20 Net Incomel(expenditure) 21TrmAm hetman funds 22 Other gafnsf(losses) 23Net movement In funds 24Total funds brought forward 29Total funds carried forward		437,908 172,967 610,865 782,005 1,892,870	45,864 276,042 230,178	0 0	382,044 0 172,957 665,001 1g58,047 1,623,048

Statement ofFinancial	Acthrttie	s (30F	A)forthe ye	ar ended M	August 2	0	21
		Notes to		Ctrcutt INodel
		the	General Fund	Trust	Endowment		Total
		accounts	(unrestricted)	(tJnrestrtcted)	Funda		2020-21
Income Donations and~ 2 income lrom monetary investments 3 Income from investment properties 4 Assessments on Churches 5 Capital Receipts 6 Grants received							0 'I,218 0 194,512 0 0
7 Olher charitable income 8Total income			2,?75 197,782	723			2,775 'f98,605
Expenditure
9 Grants and dona8ons							0
10Salaries and associated costs 11P~ maintenance 12Connexional assessment &model trust 13District Assessment &Levy 14Depredation		6 levy	118,939 7,747 46,760	2,079			'I'I8,939 7,747 2,079 48,760 0
15OI8ce expenses 18Other outgoings 17Total charitable expenditure			4,512 92,292 270+51	2,079			4,612 92,292
18Gains/gasses) on monetary 19Gains/(hsses) on investment 20 Met income/(expenditure)	Investmerds p~		-72,489	-1,356		0	-73,826
21 Transfers between funds							0
22 Other gains/(losses)			78,418				-76+18
23Net movement In funds			-148,885			0	-150,241
24Total funds brought forward 26Total funds carried forward			930,890	277,398			1,208,288 1,058,047

	General	Fund	Circuit lNodel	Endowment	Totals 2022	Totals
	(Unrestricted)		Trusts	Funds		2021
			(Unrestricted)
	R			K
Fixed Assets
Circuit Manses 8 Equipment	983,483				983,483	838,435
investfnent properties					0	0
investments					0	0
TotalSeedassets
Current Assets
Debtors					0	0
Loans by the Circuit					0	0
investments with TMCP			641,376		641,376	195,219
Central Finance Board
Deposits		36,570			36,570	32,004
Cash at Bank and in hand		43,357			43,357	40,998
Total current assets				0	721,303	288+21
Current liabilities
Creditors (due in under 1 year)		39,751			39,75'l	2,624
Grants payable within 2019-20					0	0
Total current liabilities		39,751		0	39,751	2,624
Net current assetslllabilWes		40,178	841,376	0	681,552	265,597
Total assets less current
liabilities	1,023,859		841,378	0	1,SS5,035	1,104,032
Long term liabHities
(due after more than one
pear)
Grants payable after 2021-22					0	0
Loans to the Circuit		41,987			41,987	45,985
					0	0
	981,672		641,376	0	1,623,048	1,058,047
Funds ofthe Circuit (Unrestricted}
General Fund (Unrestricted)	961,672				981,672	862,828
Circuit Model Trust Fund
			641,376		641,376	195,219
Designated Funds (Unrestricted)					0
Total ijnrestrlcteri Funds					1,623,048	1,058,047
Endowment Funds				0	0
Total Funds	9&1,672		641,376	0	1„623,048	'l„058,047

	StaffCosts paid during the year were:	StaffCosts paid during the year were:			2021/22	2020/21
	Gross wages, salaries Employer's National	and benefits in hind Insurance costs			155,267	93.248
	Pension costs					7,916
	Total staffcosts				23,720 190,581	17,775 11&,939
	Average number offull-time equivalent were;			employees ln the year
7	Capital Commitments	and Contingent	Liabilities

8Forinformation only Money received and passed ontoRkernal Or	isations
	2021 22	2020 21
BaIancebroughtforwardfromlastyear	100	100
OIFerings/Gifts -received for External Organisations
Offerings/Gifts -passed to External Organisations
Balance camed forward	100	100