Stoke on Trent Mission Circuit
Annual Report 2020-2021
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|||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||
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|||||||||||||||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|
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||||||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|
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|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|
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|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|||
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