## **CHAIRMAN’S REPORT 2022** 

Welcome to this AGM. It is good to be back to our normal timing. 

On June 17[th] 2002, the Friends of St Nectan’s held its inaugural meeting and there are many here who have been members ever since. 

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. 

This year, the committee has met 4 times and all in person. We have not had any fund-raising events yet; the planned Christmas coffee morning was shelved as Covid numbers were high here and many were still being cautious about mixing. We have invested last year’s legacy and Sue will tell you how it has increased. We have sold some items of merchandise. 

A small working group has been looking at creating a website and improving our information leaflet. 

The church is still waiting for the Architect to produce his schedule of works, which is rather frustrating as there is work that needs doing. 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 more positively. 

We thought you would like to see how money has been spent over the 20 years and rather than just list it – are you sitting comfortably?  --  show PowerPoint 

We hope you will stay for a celebratory glass of wine after this meeting. 



SOF
CHARTfY NUMBER 1097889

THE FRIENDS OF sr NECIAN'S STOKE
STATEMENf OF TRUSTELS. RESPONSIBILrrIES
Clwity law r¢quires the Thistees to prq)are fnthncial ststernents for each financial year whith properly pr¢s¢llt
the Charity's r¢¢¢1￿¥ and Payll￿ts for the I)erI￿ together with its liabilities ar Ibe end of the perifyl.
f￿all¢l01 w¢m¢nts the T￿￿es￿re Tequired w:
make judgem¢nts #Dd estimates th&t are reasLMabk
state whether the policies aw are ith a¢coTdance with the approm SORP on A¢c¢)unting by
Charities 8Dd the Acc(MmtAng R¢gu]atiOll5 with applicable acc¢JJnling stsodards. subject 10 any
rial 4kpartUTU disclosed and expl•iml iti the fllwicial sia(ement&' and
the ChaTty will Continue in operntirn.
The Thisw are r¢wnsibl¢ for kryin8 proper accouniin8 reeords wbi¢h diselost with roasonable a￿U[a¢Y at
any tirne the fllwjcial position of the Cthariry. 8nd ￿ enable them to etMtrE th*t the finan¢ial 5tat¢ments ￿MPlY
with applicable Accounting Stsod4rts Statements of Recommended l¥actice and the requiranents of The
Cbarities (Accounts and Rep￿ts) Re8ulations 2(h)8 and s¢¢%1￿ 132(1) of the Clwities Act 2011. They ar¢ 91
reSPOD5ible for safe8uardill8 the as5cL8 of the Cknty aDd for tskin8 re4sonabl¢ $tep5 fv the pt¢v¢nibon
and d¢tectiOD of fraud or other irfft8ularilirn.

THE FRIEI¥DS OF ￿ ￿E￿AN,& STOKE
INDEPENDE￿ EXAMIY4ER?S REPORT TO THE TRUSTEES OF
THE FRIENDS OF ST NE￿AN,& STOKE
l Teport ffl the finaDCia] of Tr Friends of & Ne¢tsts'& Stokn foT the year ended 5 Awil 2022. which
are set out on pa8es 3 to 5.
RESPRCTIVE RESPONSIBILITIFS OF TRUSTEES AND EXAPAIIYER
As the ¢htiriry's TnL%t¢¢s you are Tespon5ible fffj the of the fuwicial sthtements. you consid¢r that
the audit requirement of *¢tith 144 of the C￿111¢$ Art 2011 (the Ath) does not appty. It is my responsibility
to exllmine ihc financial 5tstcm¢Dt% following the sp￿lfied in the Ge4)ernl Direcrious 8iven by the
Charity Commissi(0 unthr S￿tion 145(5Xb) of thr A¢4 to sthte wh¢th¢r paniajlar matteT5 h￿¢ ¢ixn¢ 10
my altention.
BASIS OF INDEPENDKNT EXA￿lINER's REPORT
An ¢xamin8lion iD¢lud¢s a revtew of the accountll￿ rffords kept by the Cbariry and a comparison of the
financiJl $14¢¢m¢nts w¢%nt¢d with th05¢ rttords. It also includes Cly￿lder&I0n of ally wwsuaI itsrns or
disclosllres in th¢ finau¢i41 sfat¢m¢nts. and 5e¢kin8 explaDations fri*n you as Trn￿ee$ c(Jncerning any Such
mattm. Th¢ prixedures und¢￿ell th) not pyovbje all the evideDce that would be rquired ID an audil aDd
consequetttty l th not exprts4 aD akndil q>iJUOD th¢ vi¢w giv¢D by the ruw￿181 statements.
INDEPENDENT EXAMINER'S STATEMENT
In conneciion with my ¢xMmiMiu4 DO m8tt¢r h&8 ¢om¢ w my attentico..
which gives me rraSODable ib hliev¢ that in any matuial reswt the r￿uireMe￿￿.
k¢cp acwunting rK(vds ID acc(yd￿ wtth se£tion 130 of th¢ A¢ and
to prepare fmanciaj statements which acc4)rd with the w)uoting rKords and to wnpty with
accouDtiD8 rtquiremeDts of the A
hav¢ not be¢0 or
Whic￿ ill Jny Opinio￿ attention shouki be drnwn in or&r to eDobk a tffotff undentaDdin8 of the
finattci￿ sthtements to be rexh
P A DEAN F.CA.
3 SpriDgfieId Tenxe
East-the-water
BIDEFORD
Dev
EX39 4AN
l June 2022

THE FRIENDS OF ￿ ￿E￿A￿S STOKE
RECEIFfs AND PAYMENIS AccoiINr
for the yeRf endt415 Aprll 2022
2022
2021
RECEJFTS
IDeonht from doa*tkAu and lepeles
Donations and gift boxes
Legacy- E5thte of MT W D (YAe (Deceased)
.336
178.980
821
100,IAy)
180J16
IrKJ.821
M¢mb¢Tship subscripttons- life
Membership subscriptions- 8nhual
250
165
415
240
Aetlvltles for VDerndD8
Sale of atffons
Sale of ba88
Sale of books
Sale of mugs
Sale of pens
Sale of lea ￿wel$
58
20
32
173
20
120
375
290
InvestTh¢#t ltteome
DivideDds receiv¢d
llnter￿ re¢eived
468
450
006
450
TOTAL BECEIFts
181.772
101.801
PAYMENTS
Ceieral support eogts of ehArttAbk *etlvl¢l¢s
A¢couotan¢y f¢¢$
Hall hire
40
48
40
Other p*yments
Purch18e of CCLA Investments
CCLA Investrnellts divldends reinvesknl
288.(W
450
288.468
450
TOTAL PAYMENTS
288,516
490
NET CASH {DEFICITySURPLUS FOR THE YEAR
(106.744)
101.311
Bank and balances at 6 April 2021
116241
14,930
Bank and ba18nctt #t 5 April 2022
£9.497
£116,241

TBI FRtEI¥DS OF Sr1¥E￿￿& sfoKE
STATEMENT OF ASSETS AND LIABILITIES
Is at 5 April 2022
2022
2021
CASH FUNDS
NatWc5t Bank PIC- dqK>sit accowit
Natwem Bank Pl¢- mni accow
in l￿d
9.377
118
116.126
113
TOTAL CASH ￿￿NDs
9,497
11624
OTHER MONETARY ASSETS
tkbtLf- bHIaDce of legacy from Mr W D Oke (the¢wd)
178.980
INVESTMENT ASSETS
CCLA Funds
Market value at be8innin8 of year
Fknhase of Fund units. ot cosl
Dividends reinvested
Increase in market value
33.076
288.IKM)
468
13.887
27,642
450
4,984
tNVESTMENT A&SETS MARKET VALUE AT 5 APRIL 2022
335.431
33.076
TOTAL MONETARY ASSETS
344,928
328297
OTHER ASSETS
Stock of aprons
Stock of ba8$
Siock of i￿￿kS
Stock of rnu8S
Stock of peDS
St￿k of tea towe
503
86
503
38
1,079
209
520
509
TOTAL OTHER ASSETS
2,206
2.490
TOTAL FUN
£347,134
£330,787
I certlfy the aEA)V¢ to Ix o ciKrect record of thring th¢ ycar and that no othtr funds are held by the Charity.
Mr5 S M Chope
Honor
l June 2022

NOTES TO THE FINANCL4L STATEMEKts
•t 5 Aprll 2022
BASLS OF PREPARATION
prEphred in wcordance with the Ch8riiies A¢t 2011 using the Re￿ipts alld PAymc4ts b&4i8 in conjuts¢tion with 8
stfttem￿t of Assets and Liobihti&8 At the ye•r end.
RtlmbunewtDts
for whp) rtceivvj and eXF￿11Yre wben it is irr¢v(x¥bty FMYL
{b) IDeomln8 resoiircis
Voluntary income including (k)ttatAons. lyi¥5 8rants is re¢OgnI5￿ the Statement of A$sets and Li*bi]iti¢s
when there IS ¢DtitlemenL c#tsitity of aDd the wnimmt wi be with suffiCK￿t r¢li&biliry.
Incom¥ from the sal¢ of and iDwne dffivcd frryn events is rwi*l &s earned (that A8 the related
g(xxl$ or wvices are WQVMled).
Income tax reclaimable undtt the Gift Aid scheme is recognised in the Strtement of A$8ets and Li•bililies when
ther¢ is entitlement and the amiyjnt w be measurvj with suffi¢i¢nt reliability.
(e) ltsvestrnent Amelj
Investment a3￿ts we mathi value * th¢ d* of the Slatcmcni of As%ts And Lltibiliii¢8.
(d) Stoe
Stocks are valuNJ 01 the loW￿0f ¢08 and net mwket vah* at the date of the Stat¢m¢Di of A8S¢ts Ljthies.
(e)
nd •¢¢ountlii
of the objectives of th¢ Clwity.
(li) Designated Funds are sel &8ide out of ￿ un￿Stric￿l Fund by the Tru￿¢eS for a specific purpose. The
Trnstees have the dimi￿ ts) r￿loCate the sums held iti Deswnated Fundy for other uses if they that 15
appropriate. or to retum them ￿ Unrestridcd Funds.
(iix) Restricted Funds are thoy¢ for y8e in a ￿le￿Ilr area iy fry specifi¢ pulpx￿. the of which '
restrtcted io that QTea cff pllp(we.
The Friends had DO ReStr1d￿ or De5igDated Funds dllriDg the prnl by theje FiDaDC1￿ SMemaJts.

SOF
CHARTfY NUMBER 1097889

THE FRIENDS OF sr NECIAN'S STOKE
STATEMENf OF TRUSTELS. RESPONSIBILrrIES
Clwity law r¢quires the Thistees to prq)are fnthncial ststernents for each financial year whith properly pr¢s¢llt
the Charity's r¢¢¢1￿¥ and Payll￿ts for the I)erI￿ together with its liabilities ar Ibe end of the perifyl.
f￿all¢l01 w¢m¢nts the T￿￿es￿re Tequired w:
make judgem¢nts #Dd estimates th&t are reasLMabk
state whether the policies aw are ith a¢coTdance with the approm SORP on A¢c¢)unting by
Charities 8Dd the Acc(MmtAng R¢gu]atiOll5 with applicable acc¢JJnling stsodards. subject 10 any
rial 4kpartUTU disclosed and expl•iml iti the fllwicial sia(ement&' and
the ChaTty will Continue in operntirn.
The Thisw are r¢wnsibl¢ for kryin8 proper accouniin8 reeords wbi¢h diselost with roasonable a￿U[a¢Y at
any tirne the fllwjcial position of the Cthariry. 8nd ￿ enable them to etMtrE th*t the finan¢ial 5tat¢ments ￿MPlY
with applicable Accounting Stsod4rts Statements of Recommended l¥actice and the requiranents of The
Cbarities (Accounts and Rep￿ts) Re8ulations 2(h)8 and s¢¢%1￿ 132(1) of the Clwities Act 2011. They ar¢ 91
reSPOD5ible for safe8uardill8 the as5cL8 of the Cknty aDd for tskin8 re4sonabl¢ $tep5 fv the pt¢v¢nibon
and d¢tectiOD of fraud or other irfft8ularilirn.

THE FRIEI¥DS OF ￿ ￿E￿AN,& STOKE
INDEPENDE￿ EXAMIY4ER?S REPORT TO THE TRUSTEES OF
THE FRIENDS OF ST NE￿AN,& STOKE
l Teport ffl the finaDCia] of Tr Friends of & Ne¢tsts'& Stokn foT the year ended 5 Awil 2022. which
are set out on pa8es 3 to 5.
RESPRCTIVE RESPONSIBILITIFS OF TRUSTEES AND EXAPAIIYER
As the ¢htiriry's TnL%t¢¢s you are Tespon5ible fffj the of the fuwicial sthtements. you consid¢r that
the audit requirement of *¢tith 144 of the C￿111¢$ Art 2011 (the Ath) does not appty. It is my responsibility
to exllmine ihc financial 5tstcm¢Dt% following the sp￿lfied in the Ge4)ernl Direcrious 8iven by the
Charity Commissi(0 unthr S￿tion 145(5Xb) of thr A¢4 to sthte wh¢th¢r paniajlar matteT5 h￿¢ ¢ixn¢ 10
my altention.
BASIS OF INDEPENDKNT EXA￿lINER's REPORT
An ¢xamin8lion iD¢lud¢s a revtew of the accountll￿ rffords kept by the Cbariry and a comparison of the
financiJl $14¢¢m¢nts w¢%nt¢d with th05¢ rttords. It also includes Cly￿lder&I0n of ally wwsuaI itsrns or
disclosllres in th¢ finau¢i41 sfat¢m¢nts. and 5e¢kin8 explaDations fri*n you as Trn￿ee$ c(Jncerning any Such
mattm. Th¢ prixedures und¢￿ell th) not pyovbje all the evideDce that would be rquired ID an audil aDd
consequetttty l th not exprts4 aD akndil q>iJUOD th¢ vi¢w giv¢D by the ruw￿181 statements.
INDEPENDENT EXAMINER'S STATEMENT
In conneciion with my ¢xMmiMiu4 DO m8tt¢r h&8 ¢om¢ w my attentico..
which gives me rraSODable ib hliev¢ that in any matuial reswt the r￿uireMe￿￿.
k¢cp acwunting rK(vds ID acc(yd￿ wtth se£tion 130 of th¢ A¢ and
to prepare fmanciaj statements which acc4)rd with the w)uoting rKords and to wnpty with
accouDtiD8 rtquiremeDts of the A
hav¢ not be¢0 or
Whic￿ ill Jny Opinio￿ attention shouki be drnwn in or&r to eDobk a tffotff undentaDdin8 of the
finattci￿ sthtements to be rexh
P A DEAN F.CA.
3 SpriDgfieId Tenxe
East-the-water
BIDEFORD
Dev
EX39 4AN
l June 2022

THE FRIENDS OF ￿ ￿E￿A￿S STOKE
RECEIFfs AND PAYMENIS AccoiINr
for the yeRf endt415 Aprll 2022
2022
2021
RECEJFTS
IDeonht from doa*tkAu and lepeles
Donations and gift boxes
Legacy- E5thte of MT W D (YAe (Deceased)
.336
178.980
821
100,IAy)
180J16
IrKJ.821
M¢mb¢Tship subscripttons- life
Membership subscriptions- 8nhual
250
165
415
240
Aetlvltles for VDerndD8
Sale of atffons
Sale of ba88
Sale of books
Sale of mugs
Sale of pens
Sale of lea ￿wel$
58
20
32
173
20
120
375
290
InvestTh¢#t ltteome
DivideDds receiv¢d
llnter￿ re¢eived
468
450
006
450
TOTAL BECEIFts
181.772
101.801
PAYMENTS
Ceieral support eogts of ehArttAbk *etlvl¢l¢s
A¢couotan¢y f¢¢$
Hall hire
40
48
40
Other p*yments
Purch18e of CCLA Investments
CCLA Investrnellts divldends reinvesknl
288.(W
450
288.468
450
TOTAL PAYMENTS
288,516
490
NET CASH {DEFICITySURPLUS FOR THE YEAR
(106.744)
101.311
Bank and balances at 6 April 2021
116241
14,930
Bank and ba18nctt #t 5 April 2022
£9.497
£116,241

TBI FRtEI¥DS OF Sr1¥E￿￿& sfoKE
STATEMENT OF ASSETS AND LIABILITIES
Is at 5 April 2022
2022
2021
CASH FUNDS
NatWc5t Bank PIC- dqK>sit accowit
Natwem Bank Pl¢- mni accow
in l￿d
9.377
118
116.126
113
TOTAL CASH ￿￿NDs
9,497
11624
OTHER MONETARY ASSETS
tkbtLf- bHIaDce of legacy from Mr W D Oke (the¢wd)
178.980
INVESTMENT ASSETS
CCLA Funds
Market value at be8innin8 of year
Fknhase of Fund units. ot cosl
Dividends reinvested
Increase in market value
33.076
288.IKM)
468
13.887
27,642
450
4,984
tNVESTMENT A&SETS MARKET VALUE AT 5 APRIL 2022
335.431
33.076
TOTAL MONETARY ASSETS
344,928
328297
OTHER ASSETS
Stock of aprons
Stock of ba8$
Siock of i￿￿kS
Stock of rnu8S
Stock of peDS
St￿k of tea towe
503
86
503
38
1,079
209
520
509
TOTAL OTHER ASSETS
2,206
2.490
TOTAL FUN
£347,134
£330,787
I certlfy the aEA)V¢ to Ix o ciKrect record of thring th¢ ycar and that no othtr funds are held by the Charity.
Mr5 S M Chope
Honor
l June 2022

NOTES TO THE FINANCL4L STATEMEKts
•t 5 Aprll 2022
BASLS OF PREPARATION
prEphred in wcordance with the Ch8riiies A¢t 2011 using the Re￿ipts alld PAymc4ts b&4i8 in conjuts¢tion with 8
stfttem￿t of Assets and Liobihti&8 At the ye•r end.
RtlmbunewtDts
for whp) rtceivvj and eXF￿11Yre wben it is irr¢v(x¥bty FMYL
{b) IDeomln8 resoiircis
Voluntary income including (k)ttatAons. lyi¥5 8rants is re¢OgnI5￿ the Statement of A$sets and Li*bi]iti¢s
when there IS ¢DtitlemenL c#tsitity of aDd the wnimmt wi be with suffiCK￿t r¢li&biliry.
Incom¥ from the sal¢ of and iDwne dffivcd frryn events is rwi*l &s earned (that A8 the related
g(xxl$ or wvices are WQVMled).
Income tax reclaimable undtt the Gift Aid scheme is recognised in the Strtement of A$8ets and Li•bililies when
ther¢ is entitlement and the amiyjnt w be measurvj with suffi¢i¢nt reliability.
(e) ltsvestrnent Amelj
Investment a3￿ts we mathi value * th¢ d* of the Slatcmcni of As%ts And Lltibiliii¢8.
(d) Stoe
Stocks are valuNJ 01 the loW￿0f ¢08 and net mwket vah* at the date of the Stat¢m¢Di of A8S¢ts Ljthies.
(e)
nd •¢¢ountlii
of the objectives of th¢ Clwity.
(li) Designated Funds are sel &8ide out of ￿ un￿Stric￿l Fund by the Tru￿¢eS for a specific purpose. The
Trnstees have the dimi￿ ts) r￿loCate the sums held iti Deswnated Fundy for other uses if they that 15
appropriate. or to retum them ￿ Unrestridcd Funds.
(iix) Restricted Funds are thoy¢ for y8e in a ￿le￿Ilr area iy fry specifi¢ pulpx￿. the of which '
restrtcted io that QTea cff pllp(we.
The Friends had DO ReStr1d￿ or De5igDated Funds dllriDg the prnl by theje FiDaDC1￿ SMemaJts.