Somerset Churchos Trust
Trustees Report and
Unaudlted Accounts
For the year onded 30 June 2022
Reglstered Charlty number: 1055840

Somerset Churches Trnst
Reference and AdministratNe tnfonn*i(
P￿til5TERED CHABITY No.
1055840
ADDRFSS:
14 Market Place
WelLs
)mus
BA5 2RE
WEBSllE:
N¥ti(MJal WestiniDSter Bth plc
The C(rnrn
Sbaftesbury
tk)
SP7 8JY
CLLA Inves1meni ManaganeDI L¢d
80 Cheapside
EC2V 6DZ
CAF Bank Limi*d
?5 Kings Hill Avenue
West Mallmg
Kent
ME194TA
Unrted BaDk LllDiied
EC_>Y 9AW
TrUSTEES:
SECPETARY..
Jim AlhixKI
37 Collins Rodd
F￿¢ler-
EX4 5DY
OBJECTS..

Acting Chaima#'s statement tht activities acbievements and plans of the Trnst
Somerser Churches Trusi-'keeping Somersd's churches and Chapels alive . This is the"I"rust"s 'strapline' and is a clear
St8ierneni of our raison d'étre. As the whole coullty emerges from the remricrions of covi¢l there is a sense of thintss
staning io renmi w 'noTmality'. The general feeling is that ]wishes {predominani1￿ njral) in Somersd arr t￿Centrating
on aetively buildiug engagement with parishioners in their own comm￿lties.
Local people being acuvely e48aged with their own paTish communities bas beeu the bednKk of parish life f(r cenwTies.
Thi5 1$ as It should be but a&sumes greater significance in the Curreni challen£mo economic enNir(xmieni where churches
and chapels face increasing costs and paying their share of clergy cosis is. in 8 numl*r of prosing %ers' ditTiculL
Indeed, linances are light within the Church of Fmglalld- in Somerset. the DI￿¢$< of Bath and ￿ ells- le>Jin8 10
reallocation of resources w)d placing waier emph&8iS IN) the role of lain. in leading local Fmnshes.
Me￿WhIle, there is real inteTfSt in churches and Cha￿lS and their hi￿ory.. 'church iowism. is a arta and M'IKre
%oTner8et Churches Trust has had much success in the pasi with (w progrdmme of "cra*.k'. This a¢u%iTh' rdn make a Teal
difference io churches and chapels by rdising the profile and en¢ourdoing engagenielli in the couununity'_ Tnucb better
than witncssitig decline. closure and sale.
Agalnst thai backdrop. I wish w pay trlbute to the foTunth of Mem1￿ts, churchcsind our.rn￿etS￿ rising io th¢
challeng&8. So. whai have we been up to? Thanks io the effffls of Marion Jefftey and Chris Hawkings. we have a very
good website as our principal ¢ommuni¢aiion channel H'ith memt*rs. l H'wld encourage evern'cne ID wqe thi4 res(Hrce.
Ncw8letter8 aTe algo very impollani bul. as ediior. l know thal pro%iding 'ccfflieni' is the itw of e%cr*'(tt'S Fficrit
(this is a plea for infonnation l anicles}.
In COillTnon with othcr funding both'es. sO￿t grani-givu)g orgaDisaiions are their rriLmiie& makin£ the F
priming grants from the 8()mer8et Chuwhe4 T￿$1 e%'en m￿¢ miryrni. a TrusL we are CLY￿1(￿ o(thJs xe
looking di ()thcr fundmg m(xleis' bui H'hai is imwndni to is a srn of ncv4' m(￿b￿s. is the
lilebl(iod ol thL I'rust. Membership income is the pnncipal source of t-undjne fLY erants- Is thL follo￿.In¢ ro?es show.
Trust overhcad5' arc low 8nd I pa>. tribute to our'lreasurer TonN' Daiies f(r kceping us M the 'snighi and nattow. .
An historic s(iurce of fi￿(L$ for the Trn4t h&( l)een the am)ual 'Ride-Stride' runthal￿r. NoN'ith%tanding the Éierling
efforts of Tn￿ree Philip Skejhorn in maDaw8 the Campai￿ with some few notsble excepiiolls Ilor which we are mosl
8fdiclull. parish dnd dcanery engagemeni h&s teen limfftied. As a Lonse4uenLe. Trustees ￿ Lonsideritig a diALYeni
approach tn thi8 (N>tcniial) source of ful￿ for Lhurchcs and chapeLs (indeed KJm¢ ()ther county uvs(s raise over £IOOk).
BUL 811 is no( 'doom and gi(M)rn'. Our new ￿￿tee. Emma Brown. r)iocesan Church Building advisor, reports that quiie a
number of parishes have plans io maintsin l enhance their buildmg5. lThis is a Sign￿l￿t pan of our role. In ddditioii lo
using our small resources io'pump prime, fundraising effon& the Tntsi uscs rcsour¢o4 ofcommi¢iLxI voluni¢¢r
assessiirs to appraise projects. This is of £s￿¢la1 valuc i￿calL$e, arniLxI with our as￿*8ML￿1 and d ian8iblL grant, projeci
manager8 can dpproAch major sources of fulance (wkn l(x)k at 1wplicatio￿% On Pdperlonline) with redl evidencc and
verification to suptth thciI requests. In thc past year, the Thtst awarded 13 gpdnis iotslling £23,0(M).
Chris IlaMkin£s. hasing ret]rL￿ after I l 1.rars (as r¢quirtil lTh' the TThLsr Ikthll frtkn the lirTr￿Ce asj l Kt
Chdirn12n in April 20?? Chris ha5 indeed played a majc)r the 4ULLe%s ol thL Trusi. uKludin£ ￿llem11ndin2 the
Ridc+StridL durillg lis 'gliJry years,. The Tru￿ is very gra1¢fi￿ that Cliris. will ¢()niinue io voluntttr b}, h¢lpmo ()ur (Jfdni
Secretary with Church A￿e&Smell1 visits frojn lime io lime. This is a iitncly rcmindcr of the in)mense value of voluni¢ers
lo our charity. We are most apprcciaiive of all the work ortn￿eeS and helpers alike.
In keeping with ow raA¥on d'étre, we have"dipped Thjr I￿S in the Wdtrf of Church Crawts and all Annual Ta]k. At the
2Q21 Annual Meetin& we were treated io a Jery Sampson thlk abo￿ the Romalle5que Churche5 01"Sornerset and
enjoyed chattinE io members over a glak4 of wine! Building on thi& we are preparing a full pro8ramme for 2023.
e have ready a packed progrdmme Orvisi￿ organised by a dedicated team io providc a bajdnce of Wities to
re aknut our historic churchcs and chapels. The TnLsiees' objeaive for the ne￿ 25 is to continue to kecp
's churches and chape15 alive. l am most grnteful io them. and all involve& for their suptth alld collullilmellt.
ch
19 October 2022

The TrLstees arepleased to presenttheirrep)rtaud acc(yJuts ￿they￿ erMled30 Jutte ?022. The Tnts￿e$ ¢onSnD
that they have complied with thcir duty WKler the Cb&ities Aa 2011 io bave theregard f(r guidaDce by
the Charity commi￿1(￿1 (th public ErncfiL
TRUSTEES ￿ at 30 June 2022 alpbalknl orderof sllnwne)
JIM AIIwiMbd
Emm8 Brown (Apwlntfd ￿ May 2022)
Bob Croft
Vell. Simon Hlll
Marion Jeffrey
Very Rev. Bob Kry
Dr Axel Palmer (Attillg Chairman)
Phlllp Skelhorn
Aththotsy Sutclifffe
Chris Ilawkings ceased to be a tnjsttt on 16a April 2022, having complded the maxitnum tem) of office of I I
year5.
STRucfuRt GOVERNANCE AIYD MANAGEMENr
The TTr￿ is Eoverned by Tnw fked daied 9 May. 1996. ()n l January 2014 the rftame of the Tn￿ was changcd
from"FrioMts of Somusct Chwches and Char*Ls" lo"Sc￿er5e1 Chuyth Tn&".
RECRUITMENf AND APPOtMMwf OF TRUSTEES
lThe 'lrnqiecs arc aprrf)ini¢d fly an iniiial of five years whith is then Tent￿￿ frff up io two fifflher1rn8
of thrce years ￿h. Power of apwinTheni is vesed in the Tn￿eeS having regard to the differeni skills and
baCk￿O￿that inf(mtheathivitiesoftheTrn#. Tn￿ees8IC0ffffeatr8U)In&its theirr¢sw￿tbJllts¢sas a Tntsiee.
I)RCyANISATtON
The Trust has no ￿ld empioytts. Ilay.Ii* (yuatiorts Rre COnth￿trd by the TnL#ee& and by officers who 8re
apFM)inied by the TTUStees.
RISK MANAGEML
b%. the TnLqe¢s.
The wlic). DI" the trnsi is io appl!" the ￿hOle ol" lis lunds. apan tnim the Enik)win￿l in qranLS for thi
and repair or, dnd the pnmsion of ci¥nmwiti>' fKiliiies in. Chi￿(he$ and cha[￿1* in the hi%tnric county
of Sotnerset. The unrestri￿ are beld io neeits as they aTise the I'nL8tees aim to knld a reserve
tbe Tnaktiig of erants ITnreqMed arr v4.hcre wssible ￿k1 ID imerLq Tr*xiDe exctp f(r
ha
ofthe Tn￿et5
P8lmer
inllan
ch
19 Odober 2022
P¥3

tnd¢peDdeDt tumineFs reprt to ¢be Trth ofStsmtr8¢¢ Chuth TThs¢
I rq￿ on the accA)uots of the Tn￿ the ye8r CD&d 30 June 2tr22. which Are set (YL page% 5 to 8.
Respectfve re8wwsibilitkJ of Trustees and ExathiDer
The clMTity's I￿￿tee$ aTeTwible for th¢ prEparati￿ of tbe accoun￿ The {*ty'sin￿¢¢s cott%ider that
all audii is notrequired f￿ this year und¢r sec11(￿ 144 of the Clwiiies Ad 2011 (the Cb8rAties Act) and that
It is my reS￿￿1￿lI1tytO'.
examiue the accouuts UD(kr Sttli(m 145 of the Clwities A¢L'
follow the laid down in the 84Ywal Dlrttti(￿ giva) bythe Cb8riryCommission (ulldtt
seclioD 145(5){b) of the Clwities ACL and
gtate whether particukn matters bave to my attention.
Basis of independeDt ti*miner's report
My cx8minaiii)n was carried ¢)ut in accord￿ with the genaal Directi￿￿ given by the ChaTity ConTrmi8sioD.
An examination itieludes a review of the aecounting re¢ffds kepl by the Charity and a comparison of the
accounis presented with those reeords. It also iwlud&8 consider￿lon (Jf any unusual iiems (r disclosures in
the accoJnL% and seektll8 exp]anations th¢ trustets ¢￿￿nIng any 8uth ￿￿tter8. The pnKeduTes
undertak¢n do not provide all the evidene¢ that W￿]d ￿ ttquired in an audiL and consequently no opinion is
given as to wheth¢r the &counts preseni 8 Irue and fair view and the reFOrt is lijniied to thi)sc n)&ttcrs set out
in the ststcm¢nt Etknv.
Independen¢ examlner's statement
In Luunection with my cx¥minalion, no matter has eomc to my attenti￿.
which gives me reasonable eause to Ixlieve th81 in any materi81 respea the TCqUtr¢mcnts'.
lo keep a¢countin8 recorth iti *cordanc¢ with seciion 130 Ol'the CharAii¢s Act. and
to Fryare accovnls, whith acc(Kd with the ￿￿t￿lIng records and comply with the
accounting r¢quirements ofthe Charities Aei
h&v¢ not trxen meL' or
12) lo which, iti myopinion. altention slKwld be drawn in tyd¢r ￿ enabk a Fyoper un¢kntandin8 of
the accounts rcach¢d.
Roland.1. Ad#mson BA FCA
Chartered Aecotsntanl
45.Sh¥kespeare Avenue
BA2 4RG
November 2022

Somerset Churches Trust
Ree¢ipts Vdnd Payments Attount
for the Year Ended 30 June 2022
Total
fMDds
2021
f¥•ds
fllttds
RECEllryS
Subscrlptions
including lax rclief on suknAptio￿8
17.78VI
17.788
18,034
Don8tiDn$
General (inc t&x relieo
4.541
Tnter¢st and divideAds
Ikposii interest
707
7117
1.067
932
Events
2021 Ride+Stride (inc tax relieD
Churth visits and olhcr events
751
6.751
,754
Public*tions and *dv¢rtiSiDt
Tot81 Income
26J05
27.461
33,328
PAYMENTS
Posth8e and general expenses
Subs¢riptions
Website development (note 5)
Website maintenance and ￿ftware
General prtnting
I￿￿uranCe
Marketin8
Events
Trustee expenses {￿e 3)
Bank charges
Toial expenses
{S2)
(43)
(Ja￿1
1291
152>
{43)
{3)￿>
129}
{2091
(501
{7281
{271)
(5571
(145)
{149)
1271)
1557)
(1451
1149)
1?71)
(79)
1781
(4.732)
(4.7321
SURPLUS BEFORE GIL4NTS PAID
21,773
22.729
31.913
GRANTS PAID (note 6)
{loJ￿)
(loJ(￿}
126.250)
EXCESSI(DEFIcrr) OF RF.CEIFrs
OVF.R I)AYMENTS
11373
12229
5.663

Somerset Churcb¢s Trust
Stat¢memt of Awts I￿ab￿lI1¢8
AS at 30 June 2022
A&SETS
Ubrestricted D￿jg￿￿ted Ekndowment
Futtds
FubdJ
Fund
(note 5)
(notc 4)
Totsl
F￿dS
2022
Total
2021
lttvestmeAt (at market value)
Chariiios oifi¥ial lllvestment Fund (COIF):
1.779J In¢otlle Unils (note 4)
31449
31449
34,240
Bank B4l•Dces
119898
120,454
108.225
Total FUJ
119,498
152,903
142,465
SOURCF. OF FUNDS
Funds Brougbt Forward
108J25
34240
142,465
132,417
Inveslment gain in year
Su4)lus for thc year
(ienLYal grants p8id
Roofalarm Ms paid
(1.791)
11.791)
22,729
(lo,5￿)
4,385
31.913
(19.250)
{7,0001
21,773
(loj￿)
¢4rried forward
119,498
33AOS
152,903
142.465
approyod but ttot pald
at 30.lune 2022 Inotc 6)
{28JKI)
(2&5W)
117,5(K))
Approved by tbe Trn￿eel *Dd $18*ed on thelr behaifby:
Anthony L Davies MA MBA FIC CMC IHOD Trea•uTer)

Somerset Churches Tr•
Notes to the Accounts
for the Yur Ended 30 2022
l The accounts have been prepAttd in accotdance with the cl￿ritiCS Ad 2011 and wtth applicabl¢
acL¥Junting $tsnd8r¢L8 And Ststrments of ttix)mrnended pradi¢c.
All trans8Ctions we a(Tounted for (m 8 r￿ipts aDd pAyments
3 No Truslee received w reMW)e￿i0n or th bthefits during the Current orprevious yegr.
Rouline out o(pocket expow swh 8s posth8< Stati￿ and a￿lOV￿j travel exFnses
were reimburse
4 Endownent Fund at market Value
¢nifi
This Yepr¢senis a le8ACy of £20,000 from thc latt Robert Hill. The inc4)n)e to be u59J forwits io chw¢h&*
in the Axbrid8e d¢￿ery ofthe diocue of Bath and Wells.
Balonce at 30 June 2021
34340
Investment gainl(loss)
Inv¢$tsneni income
rtwits paid to Axbridge D¢4ny church
(1.791)
B818nL% 8130 June 2022
5 During the Perio￿ 8 S￿1411$1 finn w8s en8wd io rebuild the Trusl websile.
Pa8e 7

Somerset Churebu Trust
Notes lo tbe Aeeollnts
for the Year Ended 311 June 2022
Grants paid in the y¢ar 2021-22
St John the B4)tisL Bridgwal
St Mary, East Brent
St Bartholomew, Fast I,yng
Holy Trinity. Blackford
St Mary Magdalenc. Sparkford
£5.000
£2,000
£1.500
£i.000
£1,000
£10.500
Grants outstanding at 30 June 2022
St James th¢ t£ss, Halsc
St Andr¢w, High Ham
St IAurence. E&si Harptrtt
St Pet¢r. we￿ Huntspill
St Pctcr & St Paul. Muchelney
St Mary, Bridgwat¢r
All Saints, Rockwell Green
BVM, Nclllecombe
St E)eter & St Paul, Bishops Hull
All Saints, Wi)ollcy
Nexus M¢th¢)dist Church. Bath
St Mi¢hacl. Othery
Holy Trinity. Nailsea
St Andrew. Cury Rivel
All Saints. East Pennard
£1,500
£?.000
L?.000
£3.000
£500
£3.000
£1,500
£?.000
£2.500
£2,000
£2,000
£i.000
£1,000
£28,500