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The Parish of Littleham-cum-Exmouth
comprising
St Margaret & St Andrew’s Church, Littleham & Holy Trinity Church, Rolle Road, Exmouth (Part of the Mission Community of Littleham cum Exmouth with Lympstone)
Address for correspondence: The Mission Community Office, Holy Trinity Church, Rolle Road, Exmouth, EX8 2AB
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The Parochial Church Council of the Ecclesiastical Parish of Littleham cum Exmouth Annual Report & Financial Statements of the Parochial Church Council for the year ended 31** December 2022
Team Rector: The Reverend Steven Jones Team Vicar: The Reverend Benedict Cambridge Curate: The Reverend Jonathan Reynolds
Bankers: TSB Bank plc, The Strand, Exmouth Investment Managers: CCLA, Senator House, 85 Queen Victoria Street, London, EC4V 4ET Independent Examiner: James Bick Esq., Bick Accountants Limited 18a Chartered Accountants Littleham Road, Exmouth EX8 2QG
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Our web site:
http://www.exmouthcoastalchurches.org.uk
The Parochial Church Council is a Registered Charity— No. 1128761
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CONTENTS
- Page 2-8 Annual Report Page 9 Independent Examiner's Report Page 10 Summary of Funds Page 11-22 Fund Accounts Page 23 Mission and Charitable Giving Page 24 Balance Sheet Page 25 Statement of Financial Activities Page 26-29 Notes to the Accounts Page 30 General Fund Budget Page 31 Independent Examiner's Report - Glebe House Trust Page 32 - 33 Associated Charities Accounts
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The Parochial Church Council of Littleham cum Exmouth Annual Report for the year ended 31% December 2022 Aims and Purposes
Littleham cum Exmouth Parochial Church Council {the PCC) has the responsibility of cooperating with the Team Rector and the Team Vicar, in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. The Parish is part of the Mission Community of Littkeham cum Exmouth with Lympstone: we are a United Benefice. The PCC is responsible, amongst many other things, for the maintenance of St Margaret & St Andrew’s Church, Littleham and Holy Trinity Church, Exmouth. Both these buildings have the status of Parish Churches, within one parish, and both buildings are Listed Buildings, Grade II*.
Objectives and Activities
The two church buildings form, in effect, the bases from which the work and worship of the Parish of Littleham cum Exmouth is carried out, and in which all who wish to, are encouraged to join. When planning our activities, the PCC has considered the Charity Commission’s guidance on public benefit, and in particular the specific guidance on charities for the advancement of religion. Our services and worship put faith into practice through prayer and scripture, music and sacrament. We try to enable people to live out their faith as part of our Mission Community through: Oo Worship and prayer: learning about the Gospel, and developing their knowledge and trust in Jesus. O Provision of pastoral! care for people living in the parish. O Mission and outreach work. To facilitate this work, it is vital that we maintain the fabric of the Churches, the NND Room in Littleham, and the Littleham Leisure Centre.
Achievements and Performance
Whilst the ‘church’ is not about numbers, it may help the reader to understand the document better by setting the scene, and stating some statistics The comparative figures are given for last year. Holy Trinity Church is referred to as ‘Holy Trinity’, and St Margaret & St Andrew’s, Littleham simply as ‘Littleham’ The number of ‘participants’ at our two churches, when assessed in June 2022, was 191, a drop of 6 from the number in June 2021. These are those whom we (and they) consider to be part of the church family, and either worship with us at least monthly, or would do so if they were able. Baptisms In 2022: HolyTrinity 5; 7 in 2021 Littleham 5; 2 in 2021 Weddings in 2022: HolyTrinity 4; 5 in 2021 Littleham 4; Lin 2021 Funerals in 2022: Holy Trinity 18; 12 in 2021 Littleham 25; 23 in 2021 In 2022 our clergy led 8 services at the 2 local crematoria: 13 in 2021
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In the Churchyard at Littleham there were 35 full burials in 2022 (25 in 2021) and 23 interments of ashes (36 in 2021),
The members of the Ministry Team lead services for different sectors of the community, including three schools, ‘Celebrate Exmouth’ (worship with people with learning disabilities), a Civic Service, the RNLI, and the Royal British Legion.
As ever we owe a huge debt of gratitude to our retired Clergy and Readers, as without them we could not undertake half of what we do.
At Littleham the average attendance for 2022 on Sundays was 55. At Holy Trinity the average was 70.
Deanery Synod
Four members of the PCC sat on the Aylesbeare Deanery Synod during 2022. This provided the PCC with a link with the Churches around us, and also with the Diocese as a whole. Deanery Synod not only receives reports from Diocesan Synod but also General Synod. Church Fabric:
- a) Littleham: The churchwardens can report that the fabric of the church remains in good condition this year. The following maintenance work has been done: lime pointing, cleaning of louvre, painting of the weather vane, maintenance to trap doors, replacement of tiles on NND roof, repair to main door lock, and repair of leaks in roof over the organ and in the vestry. The usual yearly service of the boilers in the church and the NND room have been done.
Di West and Debra Frost
- b) Holy Trinity: 2022 has seen the church become fully used as both a place or worship and community events, following the tough preceding two years with COVID in the population. Due, in part, to cost and Covid, the Audio-Visual upgrade was postponed until 2023, as was the replacement of the Tower Flagpole. Regrettably, HT was unable to fly the Union flag at half-mast for both the Duke of Edinburgh’s, and, later, our dear Queen Elizabeth Il’s passing. We have also experienced water egress and high winds over the year, although some Tower works have been completed. The CCTV problems experienced when the Organ blower was in operation have been resolved. The Organ has had its yearly maintenance visit and is in fine fettle. Finally, we are pleased to report all goods and ornaments are in good order.
Mike Goom and Paul Stock
Mission and Evangelism
Our monthly magazine, ‘The Net’ continues to have a print run of some 250 copies, and gives details of what is coming up, and reports on previous activities. We ask for contributions of £12 per year to cover the cost of this 20 page magazine. It is also available on-line at our web site: www.exmouthcoastalchurches. org.uk
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The Mission Focus Committee is allocated 10% of the total of our income from regular voluntary giving during the previous year, and a list of to whom this money was given in 2022 is given later in this document. The committee is also responsible for arranging, with the consent of the Team Rector, for visiting speakers to come to tell us about the work of the Societies we are supporting by prayer and finance. In our Mission Action Plan we have used Bishop Robert’s 3 key priorities: ‘Growing in Prayer, Making new Disciples and Serving the People of Devon with Joy’, to guide us in all that we have done.
Other Activities
We continue to publish details of all our activities at the time of the Annual Meeting. However, a lack of both financial and human resources has prevented us from updating the excellent full colour document we produced in 2018. Some activities range from bell-ringing to walking and the Memory Café.
Financial Review
Each year, ‘balancing the books’ becomes ever more difficult. In late September we were informed of the new tariffs for gas and electricity. These were introduced from 1 October resulting is an estimated 240% increase in the annual cost of gas and electricity. At the time it was projected that the operational deficit on the General Fund for 2022 would increase from £14,000 to over £25,000. To ‘rescue’ this situation, we launched a Gift Sunday appeal, and our prayers were answered beyond what we had dared to hope for. With Gift Aid, nearly £16,500 came in. We cannot stress how very grateful we are to every single person who contributed.
The mild weather in October and November and lowering the thermostats in our churches “saved” a further £5,000 on projected gas and electricity costs in the final quarter of the year. In addition, we have received a £6,540 grant in November distributed by the Diocese towards energy costs (part of the £15 million fund set up by the Central Church). One third (£2,150) of this grant has been allocated in 2022 with the balance (£4,300) being carried forward to 2023 to help with energy costs for the rest of the winter.
At about the same time we received a £27,000 legacy from Mary Watts. The PCC decided to allocate part of this money to reduce the operational deficit of the General Fund to zero {i.e.: before the loss on the revaluation of Investment Assets). The balance of the legacy being designated to the Parish Digital Fund. In the event only £665 of this money was required to balance the General Fund] Praise the Lord!
As mentioned in last year’s report, the death or movement away of various people in recent months has seen a continued drop our regular giving. Receipts though the envelope, standing orders and the Parish Giving Scheme has fallen from over £129,000 in 2020, to £119,000 in 2021, to £112,800 in 2022. Continued prayer needs to be given to this area.
Finally, we would like to give thanks to our predecessor Treasurer, Bob Soutter, who after serving for 21 years handed over the reins to Clive House fast April. Clive has found there is much to learn! Bob’s help and support to Clive has proved vital during this period.
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Reserves Policy
The PCC has resolved to maintain, if possible, a balance on our General (unrestricted) Fund, which equates to at least three months’ unrestricted payments to cover emergencies. The General (unrestricted) Fund reserve figure at 31°* December 2022 was £129,624; it was (£83,127 in 2021).
Overall reserves at 31% December 2022 were £273,211; (£220,969 in 2021), but the vast majority of these funds are restricted to specific purposes. For example, the Fabric Fund balance of £20,750 represents monies held to repair and maintain the fabric of the buildings. Almost £72,000 of the total is an ‘Endowment Fund’, where we cannot touch the capital. It is our policy to invest any short term surplus funds with the CBF Church of England Deposit Fund. Monies which will be retained for the longer term, or are held under Trust and cannot be spent, are invested either with the CBF or in M&G Charifund Units, following the lead set by the Exeter Diocesan Board of Finance. We believe that both have sound ethical policies. SafeguardingThe PCC has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have regard to House of Bishops’ guidance on safeguarding children and vulnerable adults). Volunteers The members of the PCC would like to thank all the volunteers who work so tirelessly to make our Churches lively and vibrant communities. Our especial thanks go to our Churchwardens.
Review of the Year: The Team Rector, the Reverend Steve Jones, writes (in his capacity as Team Rector of the Littleham cum Exmouth with Lympstone Mission Community)
The year 2022 was another demanding one for the benefice, following on from the devastating COVID pandemic in 2020-2021. However, 2022 revealed that there were some signs of things starting to return to normal, both for the church and for the local community. Our heavy reliance upon online services during the pandemic shifted back this year to our normal preference for face-to-face services and events. During 2022 our benefice lost quite a few people who were very special individuals and irreplaceable members of our church community. However, God works in renewal, and we have welcomed many new people into the benefice family during the year. In the early part of the year, we agreed to further extend the trial of our Journey and Awake all-age services. We also stepped in to help and support the Afghan refugee families who had recently come to Exmouth.
January was significant for the gathering of many of the leaders of the churches of Exmouth and Lympstone at Buckfast Abbey, to look at how a closer working relationship could be fostered. | am pleased to say that the fruit of that first meeting is continuing to mature. By March our benefice-wide Parish Digital 2021 audio visual project had been fully completed at Lympstone. Lympstone has, therefore, been the testbed of much of the new technology that we are hoping to roll-out across the rest of the benefice. This year the Littlkeham-cumExmouth PCC voted to grant a licence for a garden in the grounds of Holy Trinity Church for the Beacon school. The Beacon school is landlocked, and this step will allow the school to explore creation and sustainability in a new and vibrant way.
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During the year our ministry team continued to work very closely with our three church schools, providing weekly collective worship, as well as special services, governor and teacher support. This Spring, after many years of faithful service both, Bob Soutter retired as the Littleham-cum-Exmouth parish treasurer, and John Lupton retired as Lympstone parish treasurer, with the thanks of all of us. At Easter, we hosted interactive prayer services in each of our churches to allow local school children to reflectively explore the message of Easter. As well as our normal high-quality Easter services, we also hosted a well-attended ecumenical Dawn Service down by the Exmouth Lifeboat Station. In May we confirmed that Journey and Awake services would now become permanent parts of our service offerings in the benefice.
in June, we joined with the nation in the Queen’s Platinum Jubilee celebrations, including cream teas and civic services held at Holy Trinity and Lympstone churches. The Jubilee flower arrangements across the benefice were some of the most amazing we have ever seen. In July and August, | hosted a Cheese and Wine Party in each parish, both of which were great successes. In August, Bishop Martin Shaw led a very special confirmation service for us at Holy Trinity Church. In early September we braved the Exmouth surf for an exciting beach baptism service, that was very moving for all who attended.
The unexpected death of HM Queen Elizabeth Il on the 8" of September caused a rapid change in all our plans for the month. Our three congregations led our communities in prayer and in mourning, opened our churches for private prayer and reflection, and offered services of commemoration. Condolence books were opened in all three of our churches. September also brought the much-celebrated deaconing of Littleham’s Peter and Elizabeth Burren, who now are in curacy in Teignmouth, and the priesting of our own curate Rev'd Jonathan Reynolds. This autumn | had the privilege, as the local RNLI Chaplain, to bless the Exmouth lifeboats, and also to lead the Mayor of Exmouth’s Civic service.
After a challenging year, | am so thankful to acknowledge that both parishes in the benefice finished the year in a good financial position, due to the goodness of God, the excellent stewardship of our treasurers, and the sacrificial giving of a number of our congregation members. Of importance, 2022 saw the formation of our Eco Church team, which we hope will help to lead the benefice toward a carbon neutral and more sustainable future for us all. The year also brought with it many joyous weddings and baptisms, as well as funerals in which our ministry team was able to serve many grieving families. In 2022 we also introduced a new Family Communion service at Holy Trinity, which has been initially well-received. During the year each PCC agreed to remove a few pews in each church to allow more informal and child-friendly ministry areas to be created. It was certainly a busy year, filled with both surprises and emotion.
| would like to thank Rev'd Benedict Cambridge, our team vicar, Rev’d Jonathan Reynolds our team curate, and our retired clergy colleagues, for all of their diligence and care for people throughout the year. To that | would add my thanks to our hardworking and skilled churchwardens, and everyone else in the benefice who worked to make this year a real success.
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Structure, Governance and Management
The method of appointment of PCC members is set out in the Church Representation Rules 2022. The Council comprises the Team Rector, the Team Vicar, the Curate, the Churchwardens, and, if the Annual Meeting decides, one or more representative of the Licensed Readers. In addition, those elected to the House of Laity of Deanery Synod (as well as Diocesan and General Synods where appropriate) are members, as are those members of the laity elected at the Annual Parochial Church Meeting. The PCC members are responsible for making decisions on all matters of general concern and importance in the parish, and for all financial matters. At the first meeting of 2022, in January, PCC membership stood at twenty-two, but at the end of the year it had fallen to twenty. The first meeting after the 2022 APCM took place on 8'" May 2022 and the PCC subsequently met in March, July, September and November. Attendance averaged 73%.
Administrative Information
The PCC is a body corporate (PCC Powers Measure 1956, and the Church Representation Rules 2006) and is a registered Charity, number 1128761. As such, this document is filed with the Charity Commission each year and is open to inspection by everyone.
The address for correspondence is: The Administrator, The Mission Community Office, Holy Trinity Church, 2 Rolle Road, Exmouth, EX8 2AB. Telephone: 01395 263681
The PCC members who served during the period from 1st January 2022 until the date this report was approved are:
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|Team|Rector:|The|Reverend|Steven|Jones|
|Team|Vicar:|The|Reverend|Benedict|Cambridge|
|Curate:|The|Reverend|Jonathan|Reynolds|
|Reader|Mrs|Pautine|Mortimer|(to|August|2022)|
|Churchwardens:|Littleham:|Mr|Martyn|Haley|(Until APCM|2022)|
|Mrs|Debra|Frost|(From APCM|2022)|
|Mrs|Diana|West|
|Holy|Trinity:|Mr|Michael|Goom|
|Mr|Paul|Stock|(also|Deanery Synod|and|Diocesan|Synod)|
|Deanery Synod|Members:|Mrs|Elizabeth|Burren|(Until|APCM|2022)|
|Mr|Keith|Moore|(From|APCM|2022)|
|Mrs|Diana|Cosslett|
|Mrs|Margaret|Elms|
|Mr Paul Stock|
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Elected Members:
Mrs Sue Carrahar Mrs Debra Frost (Until APCM 2022) Mrs Catherine Garrett MrsJ Hillman (Until APCM 2022) Mr Clive House (Until APCM 2022) Mr David Knight Mr Richard Martin Mr Robert Soutter (Until APCM 2022) Dr Peter Stiff Mrs Liz Welch Mr M Evershed (From APCM 2022) Mrs S Moseley (From APCM 2022) Mrs B Scales (From APCM 2022)
PCC Secretary Mr Mike Goom (To APCM 2022) PCC Note Taker Mr Keith Moore (To APCM 2022) PCC Secretary Mr Keith Moore (From APCM 2022) PCC Treasurer Mr Bob Soutter (To APCM 2022) PCC Treasurer Mr Clive House (Co-opted from APCM 2022) Lighthouse Youth Ministries Leader Mrs Brooke Haycock
Approved by the PCC on the 1° February 2023 and signed on its behalf by:
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/Rey’d Steven Jones ee (Team Rector and Chairman of the PCC)
Mr Michae! Goom Be (Churchwarden)
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Independent Examiner’s Report to the Trustees of The Parish of Littleham-cum-Exmouth
| report on the accounts of The Parish of Littleham-cum-Exmouth for the year ended 31 December 2022 which are set out on pages 10 to 29,
Responsibilities and basis of report
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
| report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the Act. | confirm that | am qualified to undertake the examination because | a member of ICAEW, The Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
| have completed my examination. | confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.
| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
mes Bick FCA Chartered Accountant 18A Littleham Road Exmouth EX8 2QG
Date 14 March 2023
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Littleham cum Exmouth Parochial Church Council A Summary of our Funds and how they are held (This, technically, is not part of the statutory accounts: the more ‘formal’ format Is on pages 24 and 25)
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|Unrestricted -GeneralFund|83,127|230,429|233,168|80,387|
|Dasignated (Unrestricted) - Parish Digital Projact
Designated(Unrestricted)-HolyTrinlty8-5Group|ie)
i¢}|43,916
5,000|fe)
2,950|43,916
2,050|
|Designated (Unrestricted) -Lighthouse Youth Projects
Restricted -AfghanSupportProject|0
2,623|12,500
5,045|9,229
4,250|3,274
3,418|
|Restricted -Beacon SchoolGarden|0|363|363|0|
|Restricted -ChurchyardAccount|12,936|59,981|50,998|21,919|
|Restricted -EnergyFund|0|6,450|2,150|4,300|
|Restricted -Fabric Fund
Restrictad -FlowerGuid-HolyTrinity
Restricted - Fever Guild -Lilleham
Restricted-HolyTrinily0 - §Group|33,116
811
425
-799|4,460
2,098
954
2,041|16,826
1,863
662
1,242|20,750
1,046
717
0|
|Restricted - Holy Trinity MusicFund|750|a4|0|834|
|Restricted -HT Flag PoleFund|0|6,386|4,008|2,378|
|Restricted - LighthouseYouth Projects|-2,199|20,892|18,692|0|
|Rastecied -Litteham Defiprillator|0|1,808|1,590|218|
|Restricted -Lttleham LelsuweCentre|4,878|8,357|5,911|7,324|
|Restricted -MemoryCafe|153|74|100|127|
|Restricted -Men's Breakfast
Restricted-OrdinanctsFund|193
1,718|845
950|802
329|235
2,339|
|Restricted - Parish Digkal Project|3,513|6,306|3,071|6,749|
|Restricted -Litteham Church BellsFund|387|99|387|99|
|Endowment-LegacyTrusts|79,339|0|8,206|71,133|
|Thefiguresforincome and expenditure above INCLUDEtransfers between funds.Such||transfersareshown|separately onpages|11-22|
|representedby:|||£|£|
| represented by: | |
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| Cash in Hand | |
| Current Account: TSB Bank | |
| CentralBoardofFinanceAccounts | |
| Investments -General | |
| Investments - held under Trust | |
| Equipment -Churchyard Digger (netvalue afterdepreciation) | |
| Debtors, Prepayments, Accrued Income | 8 |
| Less Credltors: | 9 |
| Nettotal |
10
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Note
2022
2021
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THE GENERAL FUND
1. INCOME
ia: Voluntary Income
Envelopes, Standing Orders & Parish Giving Scheme
Gift Aid recovered on ‘normal' giving Collections Grants Donations & boxes Gift Day receipts, inc. Gift Aid recovered Legacies not allocated to designated funds
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112,879 ~ 119,178
29,180 31,771.
7,055 o 3,597
1,302
11,478 _ 16,283
16,419 16,466
2
179,365} |. 188,597.
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1b: Activities for generating funds
Use of churches and halls by outside organisations Catering activities for outside organisations etc Sale of postcards and other cards etc Donations for use of grounds for car parking Charges for advertisements in ‘The Net’ + donations
ic: Income from Investments
1d: Church Activities
Use of churches and halls by Christian organisations Fees - weddings and funerals Fund raising - church functions Coffee bar income
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ie: Other Income
Furfough Payments Received
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TOTAL INCOME
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4,811 ae 1,199.
5,625 5,000
3,371.
13,728 | [10,068.
6,143 oo 5321
24,793.
4,643 e333
28,509) |. 23,432
[of “1,470.
227,745 228,888
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Note 2022
2021
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2: EXPENDITURE
| 2a: Church Activities | |
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| Missionaryand charitablegiving | |
| Ministry costs: DiocesanCommon Fund | |
| Clergy and Readers’ expenses Church running: UpkeepofServices |
4 |
| Heat, lightand water Insurance |
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| Maintenance ofchurches and halls PrintingcostsofTheNet |
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| Other printing, postage, stationery, broadband etc. | 5,6 |
| Bank and financial system charges | |
| Salaries: organists Salaries: cleaners |
7 7 |
| Independent Examiner's fees | |
| Administrator's salary, and pay roll costs Costof claiming Furlough Payments |
7 |
| 2bRaisingFunds Stewardship&GiftAid envelopes etc. Catering Functionsforoutsideorganisations Costof Videos, postcardsandothercardsetc Costs ofchurch functions |
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| CoffeeBarCosts |
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| 2,996 |
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a)
P|
| 69
aT)
eg]
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TOTAL EXPENDITURE
Net LOSS before investment LOSSES
Loss on revaluation of Investment Assets
LOSS BEFORE TRANSFERS
| Net | Transfers: From the Churchyard Fund |
|---|---|
| From HolyTrinity 0-5 Group | |
| FromLighthouseYouthMinistries |
NET LOSS FOR THE YEAR
Balance brought forward 1st January 2022 Balance carried forward 31st December 2022
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PARISH DIGITAL PROJECT - a Designated Fund (Unrestricted)
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|---|---|---|---|---|---|---|---|---|---|---|
|Note|2022|2021|
|Income|
|Legacy|-|Patricia|Parkin|04|
|Legacy|- Joan Watts|
|Total|income|
|Expenditure|
|No expenditure|in 2022|||OT|EO)|
|Total expenditure|||OT|
|Excess|of Income over Expenditure|BO|
|Add: Balance 1st|January 2022|POT|0]|
|Balance 3ist December 2022||43,916||.|0|
|errr errr|TT TT TTT|TTT TIT TTT|TTT TPT|L|ELI|LL rere Lire|TP|LEE EE TT|SP tT Ph|hh|
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HOLY TRINITY 0-5 GROUP - A Designated Fund (Unrestricted)
Note 2022 2021
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|||||
|---|---|---|---|
|Income|
|Legacy|-|Patricia|Parkin|
|Total income|
|Expenditure|
|Salary|
|Total|expenditure|
|Excess of Income over Expenditure|
|Add:|Balance|1st January 2022|ee|
|Balance 31st December 2022||2,050]||0|
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SRR RR RSC Rc a Be Re a RC ie og Rae ake ae Re he oe eRe nC A oe he oe oie Eke oe hee a oo eo a ek Ee
LIGHTHOUSE YOUTH MINISTRES incorporating YOUTH AND FAMILY WORKER - A Designated Fund
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|||||
|---|---|---|---|
|Note|2022|2021|
|Income|
|Legacy|- Patricia|Parkin|
|Total|income|
|ExpenditureSalary|
|Total expenditure|PO]|
|Excess|of Income|over|Expenditure|
|Add:|Balance|1st January 2022|||
|Balance 31st December 2022|eeeod|
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43
AFGHAN REFUGEE SUPPORT PROJECT- A Restricted Fund Note 2022 2021
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Income|
|Donations|
|Grant|-|All|Churches|Trust|
|Total|Income|
|Expenditure|
|Use|of rooms|
|Clothing|(including|school|uniforms),|shoes|etc|
|Total|Expenditure|
|Excess|of Income|over|Expenditure|
|Add:|Balance|1st January|2022|
|Closing Balance 31st December 2022|||«3,418 ||
|HE|RE|he AG|ig a|i i i|i|a|oo oo ok|a|ot|a|i|oe eo|a|kk a|a|a a|
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ol
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BEACON SCHOOL GARDEN- A Restricted Fund
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||||||
|---|---|---|---|---|
|Income|
|Donations|
|cit ai|
|Total Income|
|Expenditure|
|Legal|Fees|-|legal|agreement|
|Total|Expenditure|
|Excess of Income over Expenditure|
|Add:|Balance|1st January 2022|
|Closing Balance 31st December 2022|
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Note 2022 2021
P|
aT)
in)
a)
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LITTLEHAM CHURCHYARD - A Restricted Fund
Income
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Income|Note|2022|2021|
|Fees|
|Grant from|EDDC|(inc.|Emergency Grant|in|2021)|
|Grant from Glebe|House Trust for digger|aaa)|
|Commonwealth Graves Commission|||66]|See|66 ||
|Donation:|
|Interest|Received|
|Gift|Aid|Recovered|
|Sale of churchyard|booklet & Open|Day refreshments|Pn|66|
|Total|income|
|Expenditure|
|Salary,|NHI,|etc:|Sexton|7|
|Grave|Digging|Costs|
|Contractors|
|Bench|Repairs|ol|
|Machinery|Costs|
|Memorial|Plaques:|Faculty|and|Wall|Repairs|
|Natural|Burial Area|specific expenses|P66]|
|General|Expenses|
|Depreciation|of diigger|POI|
|Total|expenditure|
|Excess|of Income|over|Expenditure|before transfer|
|Add: Transfer from|Insurance|Claim|aT)|
|Less:|Transfer|to|PCC’s|General|Fund|for admin|
|Net|Income|after|transfers|
|Add:|Balance|1st January|2022|
|Balance|31st|December|2022|
|b)|Insurance|Claim|(re|Repairs to Sexton's|Hut followng|major fire|in|Sept|2019)|
|2022|2021|
|Income|
|Provision|carried forward|from|last year|||
|Expenditure|
|Purchase &|hire of|equipment|||id|
|Payment to Contractors|a)|
|Repayment|of Grant to Glebe House Trust|a)||.|5000}|
|Total|Expenditure|||
|Excess|of Income over Expenditure before transfer|a)|
|Less: Transfer to main|account shown|above|aT)|
|Excess of Expenditure|over Income after transfer|a)|
|Add|Balance|1st January 2022|||
|Balance 31st December 2022|rEoF|
|The|insurers,|Eccleiastical,|paid|out a|total|of £93,879,|of which|£54,413|was|for building|‘reinstatement’|
|The|remainder was|for equipment,|Including|a dumper truck,|which was|tn the|building,|but owned|by|a|3rd|party.|
|The|PCC|paid|additional|monies to|repurpose the|building|as a|proper|‘Sexton's|Office|and|Rest|Room.|
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15
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ENERGY FUND: A Restricted Fund
Income Grant from Diocese from Diocese Diocese Total income income
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Grant from Diocese from Diocese Diocese Pa)
Total income income ae)
Expenditure
Heat and light
Total Expenditure
Excess of Income over Expenditure Poe)
Balance 1st January 2022 |
Balance 31st December 2022 |4,300]= |0
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fe Re fe ake Re oR kee ic ke ok ea keae oki afc okie ac oe oe oe akc ke ake a a dee a oe fe 808 aie oko a oe oo a koe af ako aio a ae dk a i oR
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FABRIC FUND - A Restricted Fund
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Note 2022 2021
Income
Donations
Legacies (2022 - Cleo Moren-Brown) 2
Gift Aid recovered
Devon Historic Churches grant | 90
Listed Places of Worship Grant Scheme
Grant from the Church institute Trust a)
Total income
Expenditure
Repairs to clock on to clock on clock on on West Face of HT Tower of HT Tower HT Tower Tower |
Major repairs to stonework on West to stonework on West stonework on West West Face of HT Tower of HT Tower HT Tower Tower FO
Repairing pointing - - Littlkeham Church aa)
Replace Light bulbs at HT with bulbs at HT with at HT with HT with with LED lamps lamps |
Quinquennial inspections & surveys & surveys surveys - HT and HT and and Littleham eae)
Other expenditure expenditure PSO)
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Expenditure Repairs to clock on to clock on clock on on West Face of HT Tower of HT Tower HT Tower Tower Major repairs to stonework on West to stonework on West stonework on West West Face of HT Tower of HT Tower HT Tower Tower Repairing pointing - - Littlkeham Church Replace Light bulbs at HT with bulbs at HT with at HT with HT with with LED lamps lamps Quinquennial inspections & surveys & surveys surveys - HT and HT and and Littleham Other expenditure expenditure Total Expenditure Excess of Expenditure over Income Add: Balance 1st January 2022 Balance 31st December 2022
16
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|FLOWER GUILD|- HOLY TRINITY - A Restricted Fund|
|Income|Note|2022|2021|
|Donations|and|Wall|Safe|
|Flower festival|- coffee bar|Ee)|
|Flower festival|- organ|recital|||400|
|Flowers for weddings|EO|
|Gift|Aid|
|Interest|a)|
|Total|income|
|Expenditure|
|Flower|festival|flowers|
|Flowers|etc|purchased|
|Total|expenditure|
|Excess|of Income|over|Expenditure|
|Add:|Balance|1st January 2022|
|Balance|31st|December|2022|
|YI|CR IO ROROOR|OR a|i gi Rack|OR 3G a 9|ak|sk|ge|oe|ie|ke|ait|i|eo|a|i ica|oe|oie|Se ee eat|Oe a a|ie|ea ae|ae|
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|---|---|---|---|---|---|---|
|FLOWER|GUILD|-|LITTLEHAM- A Restricted Fund|Note|2022|2021|
|Income|
|Donations and|Fund|Raising|
|Fees|for weddings|
|Interest|a)|
|Total income|
|Expenditure|
|Purchase|of flowers|etc|
|Total|expenditure|
|Excess of Income|over Expenditure|
|Add:|Balance|ist|January|2022|
|Balance|31st|December 2022|
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FESO ERIS GIGIOIOR I IOIGIOR IG EG IOIOI TO a IGOR a I i ion gOK acd a i IOR IG HGR a a IOI ICR AG i a I Oi a
HOLY TRINITY MUSIC FUND- A Restricted Fund
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Note 2022 2021
income
Donations and contributions |8
Total Income Bat
Expenditure
No expenditure during the year | |
Add: Balance 1st January 2022
Balance 31st December 2022 Mv |834
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HOLY TRINITY FLAG POLE- A Restricted Fund
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Note 2022 2021
fo
Pe)
on
|
aa)
Pee)
a)
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Income|
|Donations|
|Gift Aid|
|e820|
|Total|income|
|Expenditure|
|Survey,|flag pole and|parts|
|Total|expenditure|
|Excess of Income over Expenditure|
|Add:|Balance|1st January 2022|a)|
|Balance|31st December|2022|
|fe eR|as a|86 ee|Se he|nt at ake|ie oh|ode oe|fe|it|ke ake as|afc|ae ae 2h|oc|oe|ait acc obs abe|of|oe|ois|oie|ee|he ae a|ae|oft|eae|abe i|a|oe|oe|oe ole oh|oie|at|ae|te oe|he ak|os|i|ok|ea|ko|Oo|ee ae tk|tok|
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HOLY TRINITY 0-5 GROUP - A Restricted Fund
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||||||
|---|---|---|---|---|
|Note|2022|2021|
|Income|
|Fees|
|Donations|
|Fund|Raising|a)|
|Grant from|Church|Institute|Trust|aT)|
|Gift Aid|recovered|||
|Total|Income|
|Expenditure|
|Salary|7|
|Expenses|
|Excess of Income|over|Expenditure|before transfers|
|Less:|transfers to General|Fund:|pe]|
|Use|of Holy Trinity|Hall|
|Printing|
|Excess of Income|over|Expenditure|after transfers|
|Opening|Balance|1st January|2022|
|Closing Balance 31st December 2022|a)|
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LEGACY TRUSTS - An Endowment Fund
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||||||||
|---|---|---|---|---|---|---|
|Note|2022|2021|
|income|
|No income|in the year (income|is credited to general funds)|[of|Lo|
|Expenditure|Ps|
|No|expenditure|oe|
|Excess of Income over Expenditure|ee|
|Less:|valuation|loss|on|investments|(2021:|gain)|
|Balance|1st January|2022|
|Balance 31st December 2022|
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The funds represent the AB Waterfield Trust: the income only is available for the upkeep of St Margaret's Church & Churchyard. The capital is held by the Exeter Diocesan Board of Finance.
fk he ik oie He aie ae shee ae ake ah ic Die ac oe he ee che he ee ote i oe ae fe cake ee ee oie efecto he he ake oie ae nce oh 9 ah 2 0 ic oo LIGHTHOUSE YOUTH MINISTRES incorporating YOUTH AND FAMILY WORKER - A Restricted Fund
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||||||||
|---|---|---|---|---|---|---|
|Note|2022|2021|
|income|
|Grants:|The|Church|Institute|Trust|
|as|above,|for|Bibles|
|Homes that Smile|||
|Total|Grants|
|Donations|
|Legacies|0|
|Gift Aid|foo|
|Interest|
|Total|Income|
|Expenditure|
|Salary|7|
|LYM|Launch|a)|
|Other|Expenses|
|Total|Expenditure|
|Excess|of Income over|Expenditure,|before transfers|
|Less:|Transfer to|PCC's|General|Funds|re|printing|
|Excess|of Income over Expenditure,|after transfers|6,757|
|Balance|1st January|2022|
|Balance 31st December 2022|a)|
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+9
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LITTLEHAM CHURCH BELLS - A Restricted Fund
Note 2022 2021 Income Donations Gift Aid | Other income |64 Total income a) Expenditure New louvre panels in bell chamber Eee) Total Expenditure Excess of Expenditure over Income Balance 1st January 2022 Balance 31st December 2022 ar) 9 ae Re ie Re i A ee ee a Re ne oi ois eee aR as a oe ke ie ae ae aR aie oe ie oie a ake oe oh a ae oe ae a ak tke ik eK EE LITTLEHAM DEFIBRILLATOR - A Restricted Fund
Note 2022 2021 Income Fund raising - church fete Total income pe | Expenditure Defibrillator purchase ee Ol Total Expenditure Excess of Income over Expenditure Balance ist January 2022 | Balance 31st December 2022 | 2.18]
20
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LITTLEHAM LEISURE CENTRE - A Restricted Fund
| Income | |||||||
|---|---|---|---|---|---|---|---|
| HireCharges Fund Raising Interest FurloughPaymentsreceived OtherIncome Totalincome |
40 aT) |
Fe) Pe ed) |
|||||
| Expenditure | |||||||
| Cleaner's Salary | 7 | ||||||
| CostofclaimingFurlough Payments | OQ | ||||||
| Heat, Light, Water | |||||||
| Maintenance, Repairs& Insurance | |||||||
| General expenses | |||||||
| Total Expenditure | |||||||
| Excess ofIncome over Expenditure | |||||||
| Balance istJanuary 2022 | |||||||
| Balance 31st December 2022 | |||||||
| KEE EKEREEREEE EERE EERERE EEERERE REREEERK | ERK BERK EAERRREREE | EEEREAR AAAEEA | REE | KE | |||
| MEMORYCAFEAT HOLYTRINITY-A Restricted | Fund | ||||||
| Income | |||||||
| Fund Raising and donations interest Total income |
[—~s | ||||||
| Expenditure Craft Materials, etc. |
|||||||
| Total Expenditure | |||||||
| Excess ofExpenditure overIncome | |||||||
| Balance istJanuary 2022 | |||||||
| Balance 31st December 2022 | |||||||
| eeeae he Sk he fe SR ee ie he ae hc ee Re ee he ee eeie ee ie ee Re | OR | ie iei ae he iCee Reee ee2a | i i | he nie | ok oe | oe | |
| MEN'S BREAKFASTS- A Restricted Fund | |||||||
| Note | 2022 | 2021 | |||||
| income | |||||||
| Contributions from Attendees | |||||||
| Totalincome | |||||||
| Expenditure | . | ||||||
| Cost of Meals | |||||||
| Total Expenditure | |||||||
| ExcessofIncomeoverExpenditure | |||||||
| Balance 1stJanuary 2022 | |||||||
| Balance 31stDecember2022 | 21 | 236 as |
|
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ORDINANDS' FUND: A Restricted Fund Income Donations Gift Aid recovered Total Income
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|||||
|---|---|---|---|
|Income|Note|2022|2021|
|Donations|
|Gift|Aid|recovered|
|Total|Income|
|Expenditure|
|Stoles|for|the|Burren's|
|TotalExcess Expenditureof Income|over|Expenditure|
|Balance|1st January 2022|
|Balance 31st December 2022|||2,339|||
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|fe|he|he ae|ofc|ee|aie|Re|ee|he|oe|ie|oie|he|i|ie|ie|ee|i|ie|oie|he|i|oe|ie|i|oe|ie ie|ie|oe oh|io|Oo|a|ae|oo|ok|kkk|dk|dk|kok|ok|kok|kok|ok|kook dk|
|PARISH|DIGITAL|PROJECT|- A|Restricted|Fund|
|Income|Note|2022|2021|
|Donations|
|Gift|Aid|
|Grant from|Ecclesiastical|Movement for Good|aT)|
|Total|Income|
|Expenditure|
|Audio|and|Visual|Equipement|
|Provision for new storage cupboard with|locks|a)|
|Total|Expenditure|
|Excess|of Income|over Expenditure|
|Balance|ist January|2022|
|Balance|31st|December|2022|
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MISSION AND CHARITABLE GIVING
2022 Ct Barnabas Fund | 2370] Bible Society a) Bishop's Clergy Fund (Priesting Service) a ie) Children in Need (HT 0-5's) a Children's Society: Christingle Services a eee Children's Society: Boxes rs 502 | Church Army a cM ee ee cos rt) ee Devon Historic Churches a ae Exmouth Foodbank pt| Mission Aviation Fellowship | naoof Open Door Exmouth Ukrainian Refugee Activity Holiday Appeal i USPG: Elephant boxes - for Hospitals ee
Last year's totals 2021
23
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BALANCE SHEET AS AT 31ST DECEMBER 2022
Note 2022 2021
Fixed Assets
Machinery equipment 13
Investment Assets
Current Assets ee ead
Debtors 8
Cash at banks and in hand
Less:
Creditors & Provisions
Creditors: amount falling due within one year 9
Provision ee
Net Assets
FUNDS
Unrestricted
Restricted
Endowment
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FIORE ROTOR GR RGR oR FOR Ra kok kok ak ote dk a i oa ok a kok i i coke ak ae okie oi ok oi oe aie a ok a
VALUATION OF INVESTMENTS - AT 31ST DECEMBER 2022
Stock - General Market Value 3161 M&G Charifund Units Stock - held under Trust esee ee 1350.84 CBF Investment Fund Shares 20557.52 CBF Property Fund Shares 1145.068 M&G Charifund Income Units
SORORCA oak ROR RRRC a oi fe ke oi a oo oke o ofe akeie aie i a o o ka a ok HOK e E The notes on page 26 to 29 form part of these accounts.
Approved by the Parochial Church Council on the ist February 2023, and signed on its behalf by
TheMRev e rendnSteven (SacJones ‘ Clive< (hxHouse Chairman of the Council Treasurer to the Council This Annual Report and Financial Statements were accepted at the Annual Parochial Church Meeting held on Wednesday 19th April 2023 <— ws The ReverendPEED Steven Jones OER, |
24
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STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2022
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||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|Unrestricted||Restricted||Endowment||TOTAL FUNDS|
|Income and Endowments|eses|||
|Voluntary income|240,781|81,671| -||322,452||||315,367|
|Activities for generating funds|13,728{|-|| -||13,728||10,068.|
|Investment|Income|6143| 211]==—-|||6354],|5,346.|
|Church|activities|28,509|45,311]|—|-|||73,819|56,920|
|TOTAL INCOME|289,161||127,193]|—|-|||416,353|387,701|
|Expenditure|es|
|Church activities|242,210]|110,558]|—|-|||352,768|||.|358,145|
|Raising Funds|P7897|
|TOTAL EXPENDITURE|242,608]|110,558] -||353,165//|359,077|
|NET|INCOME/(EXPENDITURE)|46,553|16,635| -|[|]|63,188]||28,624|
|BEFORE INVESTMENT GAINS/Losses|[||||||
|NET|GAINS/LOSSES ON INVESTMENTS|en—|-|2,740;|ee-||-|ee8,206||-|10,946|||45,614|
|NET INCOME/EXPENDITURE|43,813|16,635||-|8,206||52,242|||44,238|
|TRANSFER BETWEEN FUNDS|2684|-|2084|-|||-|ff.-|
|NET MOVEMENT|
|IN FUNDS|46,497|13,951||-|8,206 ||52,242|}||44,238.|
|Balances|brought forward|ist Jan 2022|83,127|58,503|79,339|||220,969|“476,731|
|Balances carried forward 31st Dec 2022|[129,624]|—|72,454]—|7,133||273,211|}||220,969.|
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The Notes on pages 26-29 form part of these accounts. The Unrestricted Funds consist of the the General Fund and the Designated Funds.
25
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NOTES1. ACCOUNTING TO THE ACCOUNTSPOLICIES
The PCC is a public benefit entity within the meaning of FRS102. The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCs, and with the Regulations’ “true and fair view” provisions. They have been prepared under FRS102 (2016) as the applicable standards and the 2019 version of the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP)(FRS102). The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law.body,They do nor thosenot that areinclude informal gatherings the accounts of church of churchgroups members. that owe their main affiliation to another
Fund accounting
Endowment Funds are funds, the capital of which must be retained, either permanently, or at the PCC’s discretion; the income derived from the endowment is to be used, either as restricted or unrestricted income funds, depending upon the purpose for which the endowment was established in the first place. Restricted Funds comprise a) income from endowments that is to be expended only on the restricted purposes intended by the donor, and b) revenue donations or grants for a specific PCC activity intended by the donor. Where these funds have unspent balances, interest on their pooled investments is apportioned to the individual funds on an average balance basis. Unrestricted Funds are income funds that are to be spent on the PCC’s general purposes. Designated Funds are general funds set aside by the PCC for use in the future. Project funds are designated for particular purposes for administration purposes only. Funds designated as invested for the PCC’s own use are abated in line with those assets’ annual depreciation charges in the SOFA. Designated funds remain unrestricted and the PCC will move any surplus to other general funds.
Incoming Resources
Planned giving, collections and similar donations are recognised when received. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and legacies are accounted for when the PCC is entitled to the use of the resources, their ultimate receipt is considered reasonably certain and the amounts due are readily quantifiable. Dividends are accounted for when declared receivable, interest as and when accrued by the payer. All incoming resources are accounted for gross. See also Note 2 regarding legacies.
Resources Expended
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The Diocesan Common Fund contribution expected to be paid over is accounted for when due. All other expenditure is generally recognised when it is incurred and is accounted for gross.
Fixed Assets
Consecrated and benefice property is not included in the accounts, in accordance with s.10(2)(a) and {c) of the Charities Act 2011. Movable church furnishings held by the Rector and Churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the Churches’ inventories, which can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements. Subsequently no individual item has cost the PCC more than £5000, so all such expenditure has been written off when occurred. The Littleham Leisure Centre, whilst registered in the name of the Diocesan Board of Finance on our behalf, reverted (from being leased to a separate body) to the PCC in 2018.
26
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However, the PCC cannot see that it will ever have a significant marketable value, as any attempt to use the site for other purposes would be unlikely to succeed, and indeed be undesirable. We can see no justification, therefore, in incurring costs to obtain a professional valuation. It is, therefore, not included in these financial statements. The Independent Examiner supports this view. Equipment used within the church premises with a net cost to the PCC of £5,000 or less is written off when the asset is acquired; a £12,000 digger for the churchyard was purchased in November and is being depreciated at £3,000 a year over 4 years, including the year of purchase. There are no other items which require to be depreciated. Investments are valued at market value at 31%t December each year.
- LEGACIES The PCC was very fortunate to benefit from 4 legacies in 2022: a) Patricia Parkin left £36,057.07. £17,500 went to the Parish Digital Project, £12,500 to Lighthouse Youth Ministries, £5,000 to the Holy Trinity 0 to 5’s, and £1,057.07 to the General Fund.
b) Cleo Moren-Brown left £500 to the Fabric Fund
- c) Joan Watts left £27,080.81 to be spent at the discretion of the PCC. The PCC agreed that the legacy should be used to offset the operational deficit of the General Fund (£664.96), with the balance to be designated to the Parish Digital Project.
d) Pauline Martin left £1,000 which went to the Flag Pole Fund after consultation with her son.
- RELATED PARTY TRANSACTIONS
In 2022, donations were received from Trustees (PCC members) and their close relatives totalling £21,496: (2021: £25,212). The donors did not attach any conditions to their gifts which required the PCC to significantly alter the nature of its existing activities.
4, TRUSTEE EXPENSES In 2022 three PCC Members (Three Clergy) claimed expenses, including travel, subsistence, office supplies and the cost of communications, totalling £5,286: (2021: £3,528). 5. LEASE The heading of ‘printing, postage and stationery etc’, includes charges of £826 (2021: £826) to cover the rental of the Photocopier in the Mission Community Office, plus a small freestanding one. The current lease is for five years) from November 2020. 6. PRINTING, POSTAGE & STATIONERY ETC, As an exception, this figure is the NET cost to the PCC of such items. There was a comparatively small amount of income from work undertaken for Lympstone PCC and private individuals, which is not considered ‘material’. At our request, the Independent Examiner has agreed this is not material.
7. STAFF COSTS
a) During the year, the PCC ‘employed’ an Administrator, two organists, a sexton, a leader of Lighthouse Youth Ministries, one leader of the 0-5 Group at Holy Trinity, one part time cleaner for the Littleham Leisure Centre until 31 July (the post is currently vacant giving a saving to the LLC of £858 for 2022), and two part time cleaners (for the Churches) for the year. These figures include 1 member of staff who is self employed. No member of staff earned more than £60,000 in the year. All staff received a rise of 3%, or greater in order to achieve the Living Wage Foundation rate of £9.90 per hour, on the 1* April 2022.
Staff salaries (including remuneration given to the self employed person totalled £72,296 gross (£71,812 in 2021). National Insurance contributions paid by the PCC totalled £6,626 (£4,151 in 2021) and Employer’s Pension Contributions (defined contribution plan) totalled £1,576 (£1,136 in 2021). 2022 Staff costs recharged to Lympstone totalled £3,617, and organist fees received totalled £920. The total cost to the PCC for 2022 salaries was £76,421.
|
27
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- DEBTORS AND PREPAYMENTS Debtors are measured at their recoverable amounts, the amount that the PCC anticipates it will receive from a debt or the amount it has paid in advance for goods and services. In 2022 these totalled £1,645 2021: £2,798)
The 2022 figure is made up of:
| a) | Debtors | |
|---|---|---|
| Gift Aid Claim | £948 | |
| Charities Aid Foundation Voucher | £250 | |
| Accrued 2022 income banked after 31% December | £65 | |
| Accrued 2022 Leisure Centre hire charge | £132 | |
| b}) | Prepayments | |
| YouthRetreatdepositpayment | £250 |
9. LIABILITIES
| 9. LIABILITIES | 9. LIABILITIES | ||
|---|---|---|---|
| Liabilities are measured at their settlement amount and | recognised for | the amount thatthe PCC | |
| anticipates itwillpaytosettlethedebtoramount ithasreceived in advance forgoods and services it | |||
| must provide. Provisions for liabilitiesare measured atthe best estimate oftheirsettlement amount. | |||
| In2022thesetotalled | £17,213 | (2021£9228) | |
| The2022figure ismadeupof: a) Trade Creditors: |
|||
| Maintenance ofHoly Trinity Grounds Churchyard expenses Electrical repair bill |
£320 £760 £138 |
||
| BankCharges | £13 | £1,231 | |
| b) | Paymentsmadeto us in advance: Weddingfees |
£1,810 | |
| Contributions for ‘The Net’ Donation towards Youth Retreat |
£811 £40 |
||
| Bookings for Littleham Leisure Centre | £176 | £2,837 | |
| c) | Accruals | ||
| Independent Examiner’s fees | £1,680 | ||
| Gas, Electricity and Water including LLC | £9,230 | ||
| O—5’s expenses forAutumnterm | £199 | ||
| PAYE/NI and Pension payments—Dec payroll | £1,315 | ||
| Palm Crosses | £280 | ||
| Christingle — Children’s Society | £413 | ||
| Open Door— Boxing DayCoffee Bar Collection | £16 | ||
| Broadband | _£13 | £13,146 |
10. MOVEMENT BETWEEN FUNDS Transfers between Funds are set out clearly in the various Income and Expenditure Accounts shown on pages 10-22.
| | | ]
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11. PRESENTATION OF FIGURES
The financial statements are presented in pounds sterling, the functional currency of the Charity, and are rounded to the nearest pound (£). As a result totals may differ by up to £1 when individual line items are aggregated.
To the best of our knowledge and belief, we believe that this document complies with all the ‘regulations’ - ie ‘SORP 2015’. However, additional figures are presented in a more ‘customer-friendly’ and clearer way than that recommended in the ‘text books’. We feel that it is vital that those who have no specific accounting knowledge are able to at least understand the vast majority of it.
12. TRUSTEE REMUNERATION
No remuneration or benefits were paid to Trustees (PCC Members) during the year, with the exception of Paul Stock, who is Organist at Holy Trinity Church. His salary did not exceed £4,000.
13. FIXED ASSETS
| Machinery Equipment |
|
|---|---|
| : | |
| Cost | |
| Broughtforward | fe) |
| Additions Carried Forward |
12,000 12,000 |
| Depreciation Broughtforward |
0 |
| Additions | 3,000 |
| Carried Forward | 3,000 |
| Net book value | |
| Carried forward | 9,000 |
| Broughtforward | 0 |
| | | | | | |
| | | |
|
| : ; 2 | | : : : | | | || | | | | | ; | | | | 1
GENERAL FUND BUDGET 2022
----- Start of picture text -----
|||||||
|---|---|---|---|---|---|
|Budge|Acta|Buage|
|1a: Voluntary Income|adie|
|Envelapes,|Standing Orders &|Parish|Giving Scheme|
|Gift Ald recovered|
|GrantsCollections|3500.|7,055|
|Donations|
|Gift Day, including Gift Ald recovered|poe|eT|46,479|||EEE|
|ib: Activities for generating funds|on|
|Use of churches and|halls by outside organisations|
|Catering activities for outside organisations etc|pT|630}|Eee|
|Sale of postcards and other cards etc|
|Donation for use of grounds for car parking|pe|5400]|5,625 ||
|Charges for advertisements in ‘The Net' & Donations|P3600]|2,463 ||
|1c: Income from Investments|
|4d: Church|Activities|EERE|ee|
|Use of churches and|halls by Christian organisations|Po|300]|396]|
|Fees|- weddings,|funerals|etc|
|Tansfers|from other funds for administration,|printing,|etc.|
|Fund ralsing - church functions|Pe|200]|743 ||a]|
|2a:|Church Activities|NGS|SS|CESS|
|Missionary|and|charitable|giving|
|Ministry|costs:|Diacesan|Common|Fund|
|Clergy &|Reader expenses|
|Church|running:|Upkeep|of Services|
|heat,|light,|water|
|Insurance|
|maintenance|
|The Net|of churches & halls|
|Printing,|-postagecosts|and|stationery|
|Bank and financtal system charges|Po|600|||
|Salartes: organists|||5360)|5,347,|
|cleaners|
|Administrator'sIndependent Examiner'ssalary, & feesPayroll|costs|
|2b Raising Funds|SES|:|
|Stewardship envelopesCatering Functions for outside organisations etc|po|aso]|6g|||Bea|
|Production of video, cost of cards etc|ee|ee|Eee|
|Costs of church functions|
|TOTAL EXPENDITURE|
|SURPLUS (DEFICIT)|~|7200]CO|
|theyNB: These went figuresup|In|value all omit by £5804, the re-valuation ofbut|in 2022 we our“lost shares£2739 on the 31st December each year. In2021 for example,|oo|
----- End of picture text -----
30
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i
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Independent Examiner’s Report to the Trustees of Glebe House Trust
| report on the accounts of Glebe House Trust for the year ended 31 December 2022 which are set out on the attached page numbered 32. Responsibilities and basis of report
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
| report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
| have completed my examination. | confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and falr view’ which is not a matter considered as part of an independent examination.
| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report In order to enable a proper understanding of the accounts to be reached.
James Bick FCA Chartered Accountant 18A Littleham Road Exmouth EX8 2QG
|
Date 13 February 2023
31
ASSOCIATED CHARITIES
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----- Start of picture text -----
a) The Glebe House Trust Fund - Exmouth
Accounts for the year ended 31st December 2022
a) 2022 2021
General Account - Revenue £ £ £
income
Interest and Dividends
Refund of grant made to Churchyard last year |
Expenditure
Repairs & Maintenance to Clergy Houses & Gardens
IT Equipment ee)
Grant to the Churchyard re Digger
Cost of independent Examination
Excess of Expenditure over Income
Balance ist January 2022
Balance 31st December 2022 | 6821
b) Capital Account
Balance 1st January 2022
less: Unrealised loss on investments
Balance 31st December 2022
General Account - as above
Capital Account - as above
Represented by:
Investments at valuation
Balances at Bank and Central Board of Finance
Less: Creditors
investment Values at 31st December 2022 Price
2718.911 M&G Charifund Units
16985.46 CBF Property Units
Notes to the Accounts: Accounts:
1. This is a a Trust in in the name of the name of the of the the ‘Vicar and Churchwardens' set up in August 1973, and Churchwardens' set up in August 1973, Churchwardens' set up in August 1973, set up in August 1973, up in August 1973, in August 1973, August 1973, 1973, originally £11,000. £11,000.
It is is totally separate separate from the PCC. The Capital is held by the Diocesan Capital is held by the Diocesan is held by the Diocesan held by the Diocesan by the Diocesan the Diocesan Diocesan Board of of Finance,
Special conditions apply: conditions apply: apply: whilst the main the main main intent is to help maintain help maintain maintain clergy houses, houses,
other uses are also permitted. permitted.
The General Account receives General Account receives Account receives receives the investment and other income, investment and other income, and other income, other income, income, which is available for disbursement for disbursement disbursement
The Capital Account Account ( except the increase in value ) cannot be touched without reference except the increase in value ) cannot be touched without reference the increase in value ) cannot be touched without reference in value ) cannot be touched without reference value ) cannot be touched without reference ) cannot be touched without reference cannot be touched without reference be touched without reference touched without reference without reference reference to the the
Bishop of Exeter. Exeter.
R.J. SOUTTER FCIB - Clerk to the Glebe House Trust o
) : |
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Notes to the Accounts: Accounts:
-
This is a a Trust in in the name of the name of the of the the ‘Vicar and Churchwardens' set up in August 1973, and Churchwardens' set up in August 1973, Churchwardens' set up in August 1973, set up in August 1973, up in August 1973, in August 1973, August 1973, 1973, originally £11,000. £11,000. It is is totally separate separate from the PCC. The Capital is held by the Diocesan Capital is held by the Diocesan is held by the Diocesan held by the Diocesan by the Diocesan the Diocesan Diocesan Board of of Finance, Special conditions apply: conditions apply: apply: whilst the main the main main intent is to help maintain help maintain maintain clergy houses, houses, other uses are also permitted. permitted.
-
The General Account receives General Account receives Account receives receives the investment and other income, investment and other income, and other income, other income, income, which is available for disbursement for disbursement disbursement The Capital Account Account ( except the increase in value ) cannot be touched without reference except the increase in value ) cannot be touched without reference the increase in value ) cannot be touched without reference in value ) cannot be touched without reference value ) cannot be touched without reference ) cannot be touched without reference cannot be touched without reference be touched without reference touched without reference without reference reference to the the Bishop of Exeter. Exeter.
R.J. SOUTTER FCIB - Clerk to the Glebe House Trust 04/01/2023 )
32
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b) Littleham cum Exmouth Endowed Charities Accounts for the year ended 31st December 2022
Non Nobis Domine Account
20222021
(Created by the Reverend James Boucher of Budleigh Salterton in 1885 - for ‘apprentices').
----- Start of picture text -----
||||||
|---|---|---|---|---|
|income|
|Interest|received|
|Donation|
|Expenditure|
|Trainees’|lunches|
|Total|Expenditure|
|Excess|of|Expenditure|over|Income|
|Add:|Balance|1st January|2022|
|Balance 31st December 2022|
----- End of picture text -----
----- Start of picture text -----
|||
|---|---|
|a)|
|.|
|||469)|
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The Capital of this charity is invested with 'COIF Charity Funds’ and at the 31st December 2022 had the following valuation:
----- Start of picture text -----
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|£|£|
|Non NobisDomine|474 units|@1814.93p|(2021:|2054)|3603]|||9734|
|8603||||9734|
|There|is|a|balance|at TSB|Bank|at|31st|December|2022|of:|
----- End of picture text -----
R.J. SOUTTER Clerk to the Trustees
Ath January 2023
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