CHAIRMAN’S REPORT 2021
Welcome to this AGM. After the disruptive past 16 months it is good to be able to meet in person. We have chosen to use the Parish Hall as there is more room to space out. When we arranged the meeting we hadn’t expected it to occur only 2 days after the relaxation of lockdown!
Sadly I have to report that Fran Austin, a long time committee member, has died. She had been unwell for some time. She was a very talented woman and her background in graphic design was a real bonus for us. She designed the original recipe book after which she adapted her drawings for the original mugs, tea towels and apron. Latterly she totally redesigned the mug using just black and white to cut costs for us. If you have not yet bought one of these, we have some here at £6.50 each.
We have been unable to meet in person but have kept in touch by email and telephone. We managed a Zoom meeting - thank you Richard for organising - to discuss investment of our generous £278k legacy from Walter Oke. Sue Chope, having taken over as Treasurer, looked for suitable accounts and we found one of the two we used for the previous legacy is giving the best return.
Obviously we have not held any fundraising events, but expect to hold our usual Christmas coffee morning. We have sold some merchandise when asked for items.
The church is waiting for the Architect to produce his schedule of works. Having received this generous legacy, we expect to be asked to pay for most of the work. Hopefully next year I shall be able to report the work is under way.
Thank you to the committee and to all of you members who continue to support us in helping with the upkeep of our beautiful church.
As last year, I am sorry we cannot offer refreshments. Hopefully next year will be different.
RE EIIYTS AND PAYME AC YEAR ENDED
THE FRIEI¥DS OF ST NECTANg& STOKE SIATEMEKT OF TRUSTEES. IIESPONSIBt1lT Charity law wuirts the TDJstec5 prq)aTe sWements for fillancial year which properly PT&4CDt thc Ch8rAry'S receipL$ and payments r(x the period tO8ether with its 4SSCL$ and li&bilities at the end of the pcrio and adequly distinguish sny matcrial strtial trust or other restri(ted fund of the Clwity. In Prepry thosc 6DatKial Marements thc'fnLSte¢s are Tequircd to: selext suitsble acru(l8 p>licies Ittd th¢n aFpty them c4Msithty: 51ate whether the poli¢i&8 are in acc(thce with the apprf4mie SORP on AccouDtiDg by Clwitie5 al the Accounting Regulations and with alIcable a¢aMmling Stand[. subject to 8Uy erial &partures dilOSed and exploincd iti the fiDwKial 5tstemettts: 4nd the fthanciAI st4teDx¢Dts on the BOiD8 conc4xn bASiS unle$5 it is itjApiWe to a$5Utne thai The are rr5w)nsiThle for k¢¢pin8 pr(w which disclo with TeA$0ble ¢UY 8Dy time the fuwicid p$>11 of the Ch&riiy. and to eDable to ensure th81 the fllwiciAI st&l¢menL% comply with appli14ble Aceoullting Standa$ And Stsiements uf ReconMn¢D(kd Prxtice aDd the requirements of The Cbariti¢s IA(%ounts and Rcwrts) Re8uiAtions 2$ and se10 132(1) of the Charttiey Act 2011. ThLy are also resrA)nsAble for 5ufc8uardin8 thL wets of the Charity td bence f(Y lakin8 Tc&sooable steps for the rrteveDlion and de,¢11th of fraud (kn Arre8ularitie&
THE FRIENDS OF sr IYECTAN'& STOKE INDEPENDEIYT EXANIINER'S REPORT TO THE TRUSTEES OF THE FRtELYDS OF ST NECTAN'S sfoKE I report m the fllW]cid statements of The Friell(Ls of St Nect8n'$. Stoke ftr the year en&d S April 2021. which aye set Oui Oll Pa8es 3 5. 14LSPFThIVE RLSPONSIBILITIF.S OF TRUSTEFS AND EXAMll¥ER As the chuTity's InL8tees you 8r¢ resPsIble f the prep1 of the fmaDcial sthtemellts" you consid¢r tbai the audi¢ requir¢ment of Secti 144 of the Chwities Act 2011 (the Act) does Dot w)ty. It is my resFrf)nsiTriliry to examine the fmAnciAI sr&t¢m¢nt& followin8 the pl¢tht$ speCifd in the General Directiuns given by the CTrwity Com[lliw uniky sectirn 145(SXb) of the ACL wl to state whether pthi¢ular mattets h&ve cun¢ to my attentioll. BASIS OF INDEPEND EXAMINER'S REPORT An ¢xamitiation includLY a review of aLYouniing records kqx by the Ch8riry aThJ a coMp8ri1 of the rJn8n¢ial $t#tem¢Dts PT¢sentrd with those recurd8. 11 8Lso in¢d&S c(XL8id¢rAtioD of any unUl item9 < disclosure$ in th¢ fin8Dcial 5tst¢tllent& and seekin8 explatwiuns fTThn you as Trust¢es con¢ernillg 8ny 5ueb matters. The pnKLdures undertakell do provide the evithnc¢ thot would be Tcquired in an avdit, I th) n(* ¢xpr¢&s au Audi¢ thc view 8iv¢u by the fcIal $eMen INDF.PENDENT EXAMINER?S STATEMENT In Limnxtion with my ex4minatioo. no tllAtter Iw come to my att¢ll1i. which give$ m¢ r¢aK&ble cause to believe in w moterMI rttw)ect the r¢qUirnts. io k¢¢p aOuntIn8 reetrd5 in xcordattce with s11c 130 of th¢ Ad: and lo prepare fmgncial siarenieiits which aLTh)rd with the acc(nmtin8 recowds and to comply with aoUn11n8 reqiiirements of thc Act have not been or Lo my opinilm. attetttl SIwld drm in oth to eDabk a woper ullder5tdIng of the PA DN F.CA. 3 Springficld [.the.wHter BtDF.FORD Dev<)D F.X39 4AN 26 May 2JPI
THE FRtEf4DS OF ST NECTAN'& STOKE RECEIPTS AND PAYMENIS ACCY)UNr for the yer e•ded S April 2021 2020 RECEllYS Incorne dontloni ttd lepc Donations and gift tK)xes Ixw- Estste ofmr W D Okt IDece& 970 100,1 I,82) 970 Ineojne from eh•rltsblt acdvlll¢s FthmbLYthip Subscripti5. life 100 165 140 240 265 Attlvltl¢• for genert fo4d• EvLmLg._ coffee mornings - Mertyn ¢veniD8 Sk of aprons %al¢ of ba8$ Sale of trwks S&le of Sale of peL% Sak of towe] 415 366 48 58 20 123 32 312 110 120 290 1.566 l*vc•¢meDt Incume- Dividthth re¢eiv¢d 450 276 TOTAL RECF.IPTh 101.801 3,077 PA YME1s Fundrnknlng ¢ost8 MerGhandiyin8 Stock •Dd Jus¢Lq to stk Expcn.w8 for Mertyn evenitig 1.442 51 Gen•rnl iwpport e•)•ts ottharltsbl¢ •¢¢fvh ACc<MmtCY fe 40 150 Other payments Purch of CCLA tllveslrnents CCLA Inve5tyll¢nts dividend¥ rciTrvestyJ 30.0 276 450 TOTAL PAYMEiYrs 31.919 NET CASH SURPLUSIO)EFICIT) FOR ThE YEAR 101.311 (28,842) Bank and cayh b81allces at 6 April 2020 14,930 43,772 Ballk and c4sh gt 5 Awil 2021 £116241 £14,930
THE FRIENDS OF sr NECTAIV& STOKE STATEMENT OF ASSF,T4 AND LIABtLrriES ai at 5 Aprll 2021 2021 2020 CASH FUNDS Natwest BaDk PIC- deposii accoullt NatW¢st Bank PIC- aur¢nl a¢¢outtt L'&qh ID halld 116,126 113 14.815 TOTAL CASH FUNDS 116241 14,930 OTHER MONETARY ASSETS Uebtor- b81ADce of I¢BXy fr Mr W D Oke 178,980 INVESTMENT A&SETS CCLA Funds Market vuluc 81 Ft8iQQiD8 of ycar Fr¢basL vIFund unit& At Dividends rLinvested InerL'&4cI(Decrease) in Tr4rkct value 27,642 30,(KIO 276 (2.634) 450 4.984 llYVEsfMENT AETs MARKET VALUE AT 5 APRIL 2021 33.076 27,642 TOTAL MONETARY 328297 42,572 OTHER ASSETS Stock ofarKoffjs Siock of b#85 SiiKk of IM)uks Stock of mugs Si¢xk of pen5 Siock of t¢A lowe15 503 38 564 54 151 1,069 237 1,079 209 520 2,490 2.676 £330,787 £45248 I calify the thwe to ¢oThcd rec(ffd of duTin8 the ye4r a1 that fy) othtr fulld5 are hekl by Clwity. s F-( cLf~ Mrs S M Ch(ye 26 May 2021
NOTES TO THE FtNANCIAL ATEmENTs
t 5 April 2021
BKSIS OF PREPARATION The Tnjsttts effifirtn that thy believc th¢ Chwity is a 8OiDg concern th¢ fman¢i&l statem¢uts have beaTr prerd in accor(knKe with the Cl11]eS Aci 2011 usitig the Receipts aod Payments b1$ in nJett0ll with a Statement ofA%sets And Liabilitses the y¢u (•) Rtlmbur#emeDts All finalle] statements enLrics 8r¢ net of reimlK]r5LYneDts, CODtnbuli(w as181cd co#s. IDwme is wmmted for whcn rtoiv¢d alld when n is I¢V(8bty pai (b) IDcomlDg re4ource8 Vohmtary iDLume incdiD8 4knwioD4 k8acies and gTrDts IN Te¢Ogni in the Slatcment of Assets and l.i4thiliti¢s wheu there is cntitlaD¢nL certainty orr¢] gDd the atD(Mmt C•D with sUfflet reliability. kne<)me from the slle of Bords aDd iDC4Xll¢ dN?ved fiDm ev¢Dts is reco8tti9ed as earned {that ts, ¥s the related gL(ML¥ (s¢rvices aye 0vIded). Inc4Mn¢ IAX reclaim#blc under the Gift Aid scheme is ffeogDised in the sIweml of Aets Liabilities whLYJ there is entitl¢m¢nt alld thc arnounl w be me15urryJ witb Affi¢ithi reliability. {e) Ve¥1t auets InvestmenL are •t m4rk¢t V8hJe It the ofthe StthtDC of A8J&q gnd Liabilitses. (d) Stock• Stwks are valued the lowerof CO and net mk¢t Yah It the dat¢ ofthe Ststhellt ofAsset$ ADd l.i8bilitie5. (e) Fund ccountln8 (i) UllrrstriLicd iD¢ome funds geDcral fiwd5 are availabk for us¢ at the Trus<$. dIre111)ll in fitheranc£ of thL ObJtiveS of th¢ LThanly. (li) Da8ignat¢d Funth aT¢ 1 &side of OD ljnrestrlctI Fund by th¢ TThttS for & specific purpose. 'll)e Trnsttts huve thc discrelion io re41l(xate the sum5 held in Dtsignated FuniL$ for othtt use5 if thLy decide th&¢ is pprcpriatc, UT lo return them to UnrItriCted FuDds. (ui) Restricted b'unds th¢ dOnad f( W ID a pthliuar m or for sptcifK pwpos4 th¢ use of which Is restrictui io area or pury. The frieads bod 00 Re8trkt¢d or Desig Fuods durllTr8 th¢ perithj covcred by these FiDHn¢i#l S'thtements,
RE EIIYTS AND PAYME AC YEAR ENDED
THE FRIEI¥DS OF ST NECTANg& STOKE SIATEMEKT OF TRUSTEES. IIESPONSIBt1lT Charity law wuirts the TDJstec5 prq)aTe sWements for fillancial year which properly PT&4CDt thc Ch8rAry'S receipL$ and payments r(x the period tO8ether with its 4SSCL$ and li&bilities at the end of the pcrio and adequly distinguish sny matcrial strtial trust or other restri(ted fund of the Clwity. In Prepry thosc 6DatKial Marements thc'fnLSte¢s are Tequircd to: selext suitsble acru(l8 p>licies Ittd th¢n aFpty them c4Msithty: 51ate whether the poli¢i&8 are in acc(thce with the apprf4mie SORP on AccouDtiDg by Clwitie5 al the Accounting Regulations and with alIcable a¢aMmling Stand[. subject to 8Uy erial &partures dilOSed and exploincd iti the fiDwKial 5tstemettts: 4nd the fthanciAI st4teDx¢Dts on the BOiD8 conc4xn bASiS unle$5 it is itjApiWe to a$5Utne thai The are rr5w)nsiThle for k¢¢pin8 pr(w which disclo with TeA$0ble ¢UY 8Dy time the fuwicid p$>11 of the Ch&riiy. and to eDable to ensure th81 the fllwiciAI st&l¢menL% comply with appli14ble Aceoullting Standa$ And Stsiements uf ReconMn¢D(kd Prxtice aDd the requirements of The Cbariti¢s IA(%ounts and Rcwrts) Re8uiAtions 2$ and se10 132(1) of the Charttiey Act 2011. ThLy are also resrA)nsAble for 5ufc8uardin8 thL wets of the Charity td bence f(Y lakin8 Tc&sooable steps for the rrteveDlion and de,¢11th of fraud (kn Arre8ularitie&
THE FRIENDS OF sr IYECTAN'& STOKE INDEPENDEIYT EXANIINER'S REPORT TO THE TRUSTEES OF THE FRtELYDS OF ST NECTAN'S sfoKE I report m the fllW]cid statements of The Friell(Ls of St Nect8n'$. Stoke ftr the year en&d S April 2021. which aye set Oui Oll Pa8es 3 5. 14LSPFThIVE RLSPONSIBILITIF.S OF TRUSTEFS AND EXAMll¥ER As the chuTity's InL8tees you 8r¢ resPsIble f the prep1 of the fmaDcial sthtemellts" you consid¢r tbai the audi¢ requir¢ment of Secti 144 of the Chwities Act 2011 (the Act) does Dot w)ty. It is my resFrf)nsiTriliry to examine the fmAnciAI sr&t¢m¢nt& followin8 the pl¢tht$ speCifd in the General Directiuns given by the CTrwity Com[lliw uniky sectirn 145(SXb) of the ACL wl to state whether pthi¢ular mattets h&ve cun¢ to my attentioll. BASIS OF INDEPEND EXAMINER'S REPORT An ¢xamitiation includLY a review of aLYouniing records kqx by the Ch8riry aThJ a coMp8ri1 of the rJn8n¢ial $t#tem¢Dts PT¢sentrd with those recurd8. 11 8Lso in¢d&S c(XL8id¢rAtioD of any unUl item9 < disclosure$ in th¢ fin8Dcial 5tst¢tllent& and seekin8 explatwiuns fTThn you as Trust¢es con¢ernillg 8ny 5ueb matters. The pnKLdures undertakell do provide the evithnc¢ thot would be Tcquired in an avdit, I th) n(* ¢xpr¢&s au Audi¢ thc view 8iv¢u by the fcIal $eMen INDF.PENDENT EXAMINER?S STATEMENT In Limnxtion with my ex4minatioo. no tllAtter Iw come to my att¢ll1i. which give$ m¢ r¢aK&ble cause to believe in w moterMI rttw)ect the r¢qUirnts. io k¢¢p aOuntIn8 reetrd5 in xcordattce with s11c 130 of th¢ Ad: and lo prepare fmgncial siarenieiits which aLTh)rd with the acc(nmtin8 recowds and to comply with aoUn11n8 reqiiirements of thc Act have not been or Lo my opinilm. attetttl SIwld drm in oth to eDabk a woper ullder5tdIng of the PA DN F.CA. 3 Springficld [.the.wHter BtDF.FORD Dev<)D F.X39 4AN 26 May 2JPI
THE FRtEf4DS OF ST NECTAN'& STOKE RECEIPTS AND PAYMENIS ACCY)UNr for the yer e•ded S April 2021 2020 RECEllYS Incorne dontloni ttd lepc Donations and gift tK)xes Ixw- Estste ofmr W D Okt IDece& 970 100,1 I,82) 970 Ineojne from eh•rltsblt acdvlll¢s FthmbLYthip Subscripti5. life 100 165 140 240 265 Attlvltl¢• for genert fo4d• EvLmLg._ coffee mornings - Mertyn ¢veniD8 Sk of aprons %al¢ of ba8$ Sale of trwks S&le of Sale of peL% Sak of towe] 415 366 48 58 20 123 32 312 110 120 290 1.566 l*vc•¢meDt Incume- Dividthth re¢eiv¢d 450 276 TOTAL RECF.IPTh 101.801 3,077 PA YME1s Fundrnknlng ¢ost8 MerGhandiyin8 Stock •Dd Jus¢Lq to stk Expcn.w8 for Mertyn evenitig 1.442 51 Gen•rnl iwpport e•)•ts ottharltsbl¢ •¢¢fvh ACc<MmtCY fe 40 150 Other payments Purch of CCLA tllveslrnents CCLA Inve5tyll¢nts dividend¥ rciTrvestyJ 30.0 276 450 TOTAL PAYMEiYrs 31.919 NET CASH SURPLUSIO)EFICIT) FOR ThE YEAR 101.311 (28,842) Bank and cayh b81allces at 6 April 2020 14,930 43,772 Ballk and c4sh gt 5 Awil 2021 £116241 £14,930
THE FRIENDS OF sr NECTAIV& STOKE STATEMENT OF ASSF,T4 AND LIABtLrriES ai at 5 Aprll 2021 2021 2020 CASH FUNDS Natwest BaDk PIC- deposii accoullt NatW¢st Bank PIC- aur¢nl a¢¢outtt L'&qh ID halld 116,126 113 14.815 TOTAL CASH FUNDS 116241 14,930 OTHER MONETARY ASSETS Uebtor- b81ADce of I¢BXy fr Mr W D Oke 178,980 INVESTMENT A&SETS CCLA Funds Market vuluc 81 Ft8iQQiD8 of ycar Fr¢basL vIFund unit& At Dividends rLinvested InerL'&4cI(Decrease) in Tr4rkct value 27,642 30,(KIO 276 (2.634) 450 4.984 llYVEsfMENT AETs MARKET VALUE AT 5 APRIL 2021 33.076 27,642 TOTAL MONETARY 328297 42,572 OTHER ASSETS Stock ofarKoffjs Siock of b#85 SiiKk of IM)uks Stock of mugs Si¢xk of pen5 Siock of t¢A lowe15 503 38 564 54 151 1,069 237 1,079 209 520 2,490 2.676 £330,787 £45248 I calify the thwe to ¢oThcd rec(ffd of duTin8 the ye4r a1 that fy) othtr fulld5 are hekl by Clwity. s F-( cLf~ Mrs S M Ch(ye 26 May 2021
NOTES TO THE FtNANCIAL ATEmENTs
t 5 April 2021
BKSIS OF PREPARATION The Tnjsttts effifirtn that thy believc th¢ Chwity is a 8OiDg concern th¢ fman¢i&l statem¢uts have beaTr prerd in accor(knKe with the Cl11]eS Aci 2011 usitig the Receipts aod Payments b1$ in nJett0ll with a Statement ofA%sets And Liabilitses the y¢u (•) Rtlmbur#emeDts All finalle] statements enLrics 8r¢ net of reimlK]r5LYneDts, CODtnbuli(w as181cd co#s. IDwme is wmmted for whcn rtoiv¢d alld when n is I¢V(8bty pai (b) IDcomlDg re4ource8 Vohmtary iDLume incdiD8 4knwioD4 k8acies and gTrDts IN Te¢Ogni in the Slatcment of Assets and l.i4thiliti¢s wheu there is cntitlaD¢nL certainty orr¢] gDd the atD(Mmt C•D with sUfflet reliability. kne<)me from the slle of Bords aDd iDC4Xll¢ dN?ved fiDm ev¢Dts is reco8tti9ed as earned {that ts, ¥s the related gL(ML¥ (s¢rvices aye 0vIded). Inc4Mn¢ IAX reclaim#blc under the Gift Aid scheme is ffeogDised in the sIweml of Aets Liabilities whLYJ there is entitl¢m¢nt alld thc arnounl w be me15urryJ witb Affi¢ithi reliability. {e) Ve¥1t auets InvestmenL are •t m4rk¢t V8hJe It the ofthe StthtDC of A8J&q gnd Liabilitses. (d) Stock• Stwks are valued the lowerof CO and net mk¢t Yah It the dat¢ ofthe Ststhellt ofAsset$ ADd l.i8bilitie5. (e) Fund ccountln8 (i) UllrrstriLicd iD¢ome funds geDcral fiwd5 are availabk for us¢ at the Trus<$. dIre111)ll in fitheranc£ of thL ObJtiveS of th¢ LThanly. (li) Da8ignat¢d Funth aT¢ 1 &side of OD ljnrestrlctI Fund by th¢ TThttS for & specific purpose. 'll)e Trnsttts huve thc discrelion io re41l(xate the sum5 held in Dtsignated FuniL$ for othtt use5 if thLy decide th&¢ is pprcpriatc, UT lo return them to UnrItriCted FuDds. (ui) Restricted b'unds th¢ dOnad f( W ID a pthliuar m or for sptcifK pwpos4 th¢ use of which Is restrictui io area or pury. The frieads bod 00 Re8trkt¢d or Desig Fuods durllTr8 th¢ perithj covcred by these FiDHn¢i#l S'thtements,