2021-08-31-accounts

Stoke on Trent Mission Circuit Annual Report 2020-2021

		on	en sson C	rcuit				Circuit No:	tt/rtg
Statement ofFinancial	Activities (SOFA) for the			year	ended 31August 2021
				Circuit blodel		Designated
			General Fund		Trust	Funds	Restricted	Endowment	Total
			(Unrestricted) f	(Unresbictsd) f		(unresbicted) f	Funds f	Funds f	2020.21 f
Income
I Donations and legacies
2 Income from monetary
,investments			88		22)()				271
3 Income from Investment
properties									0
4 Assessments on Churches 5 Capital Receipts			369,845						369,845 0	'
6 Grants receired 7 Other charitable income 8Total income			18,635 2,197 390,712		162,173 162,409				18,635 164,370 553,121
Expenditure
9 Grants and donations
10Salaries and associated	costs		297,447						297,447
11 Property maintenance 12 Connexional assessment		&	12,072						12,072
model trust levy					145				145
13District Assessment & Levy 14 Depreciation			56,612		46,676				103,288 0
15Office expenses 16Other outgoings 17Total charitable			1,184 25,731						1,184 25,731
expenditure 18Gains/(losses) on monetary			393,046		46,820			0	439,867
investments
19Gains/(losses) on Investment
properties
20 Net income/(expenditure)			(2,334)		t t5,589	0	0	0	113,255
21 Transfers between funds 22 Other gains/(losses)			(160,000)		(15,000)				(175,000)
23Net movement in funds			(162,334)		100,589	0	0	0	(61,745)
24 Total funds brought forward			730,737		72,263		2,532		805,532
25 Total funds carried forward			568,404		172,851	0	2,532	0	743,787

														GN
					General Fund	Circuit Model	Designated	Restrimed		Endowment		Totals	Totals
					(Unrestricted)	Trusts	Funds	Funds		Funds		2020I21	2019120
				notes tothe		(U nrestricted)	(Unrestricted)
				Accounts		6
Fixed Assets
Circuit Menses 7 Equipment					515,000							515,000	690,000	R
Investment properbes
Investments
	Toml tired assets				515,000	0	0		0		0	515,000	690,000
Current Assets
Debtors					8,699							8,699	23,470
Loans by the Crrcurt
Investments wth TMCP						172,851						172,851	72,263
Central Finance Board Deposrts					29,347							29,34	29,728
Cash at Bank and in	hand				22,357		2,53					24,888	25,656
Total		conenl assets			60,403	172,851	2,53					235,78	151,11
Current liabilities
Creditors (due in under		I year)			6,999							6,999	35,BI
Grants payable wrthrn	2020-21
Total	current		liabiei as		6,999							6,999	35,585
Net cunent assetsiliabilees					53,404	172,051	2,532					228,787	115,532
Total assets less	cunent		liabilees		568,404	172,051	2,532		0		0	743,707	~005,532
Long term liabilities
(due after more than		one year)
Grants payable aher	2020-21
Loans to the Circuit
		Netassets				172,851	2,532				0	743,787	005,532	W

					2020/21		2019/20
							8
Auditors' fees for reporting			on the accounts
Other fees	(eg: advice,	accountancy		services) paid to the
independent	examiner	or	auditor			480	480

8For information	only Money received and passed on to External Organisations
	2020/21	2019/20
Balance brought	forward from last year
Offerings/Gifts - received for External Organisations
Offerings/Gifts - passed to External Organisations
Balance carried	forward

						Payments
					Fixtures,	on account
					fittings	and assets
				Other	and	under
				building	equipme	constru etio
		Land	Manses	s	nt		Total
		k		f			F.
Balance brought
forward		55,000	635,000				690,000
Additions
Revaluations	(+/-)
Disposals (-)		15,000	160,000				175,000
Transfers *(+/-)
Balance carried
forward		40,000	475,000				515,000
Accumulated	depreciation
Balance brought
forward
Depreciation	charge for
year (-)
Revaluations	(+/-)
Disposals (-)
Transfers* (+/-)
Balance carried
forward
Net book value
Brought forward		55,000	635,000			0	690,000
Carried forward		40,000	475,000			0	515,000

Restricted Fund Name	Opening Balance	Incoming Resources	Resources Expended	Transfers	Ciosing Balance	Purpose of fund	the
Benevolent
Fund						Supportfor
						individuals in
						specific need
Development Fund						Available for
						funding
						outreach and
						development
						work
Circuit	2,532				2,532	Fund
resource centre						designated for
						the
						maintenance	of
						the centre.
Totals	2,532				2,532

Restricted	Restricted	Opening	Incoming	Resources	Transfers	Closing	Purpose	of
Fund	Name	Balance	Resources	Expended		Balance	the fund
Benevolent
Fund							Support for
							individuals	in
							specific need
Development							Available for
Fund							funding
							outreach and
							development
							work
Circuit		2,532				2,532	Fund
resource							designated	for
Fund							the
							maintenance
							ofthe centre.
	Totals	2,532				2,532