| 

| 

## 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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Fe Ns oe<br>**----- End of picture text -----**<br>


## 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%t December 2023 

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 Chartered Accountants 18a Littleham Road, Exmouth EX8 2QG 

## Our web site: 

## http://www.exmouthcoastalchurches.org.uk 

The Parochial Church Council is a Registered Charity — No. 1128761 

| | 



## CONTENTS 

|Page|3-11|Annual Report|
|---|---|---|
|Page|12|Independent Examiner's Report|
|Page|13 - 14|Summary ofFunds|
|Page|15 - 29|Fund Accounts|
|Page|30|Mission and Charitable Giving<br>'|
|Page|31|Balance Sheet|
|Page|32|Statement of Financial Activities|
|Page|33 - 36|Notes tothe Accounts|
|Page|37|General Fund Budget|
|Page|38|Independent Examiner's Report -Glebe HouseTrust|
|Page|39-40|AssociatedCharitiesAccounts|



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## The Parochial Church Council of Littleham cum Exmouth Annual Report for the year ended 31% December 2023 

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 Littleham cum Exmouth with Lympstone and is 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: 

O 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 2023, was 168, a drop of 23 from the number in June 2022. 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. 


**----- Start of picture text -----**<br>
|||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Baptisms|In|2023:|HolyTrinity|11;|-|S5in|2022|
|Littleham|8;|5|in|2022|
|Weddings|in|2023:|HolyTrinity|5;|4in|2022|
|Littleham|5|4|in|2022|
|Funerals|in|2023:|Holy|Trinity|19;|18|in|2022|
|Littleham|18;|25|in|2022|
|In|2023|our|clergy|led|5|services|at the|2|local|crematoria:|8|in|2022|

**----- End of picture text -----**<br>


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In the Churchyard at Littleham there were 23 full burials in 2023 (35 in 2022) and 20 interments of ashes (23 in 2022). 

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 2023 on Sundays was 67. At Holy Trinity the average was 83. 

## Deanery Synod 

Four members of the PCC sat on the Aylesbeare Deanery Synod during 2023. 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 from General Synod. 

## Church Fabric: 

- a) Littleham: The churchwardens can report that the fabric of the church remains in good condition. This year has seen the installation of broadband into the church by Jurassic Fibre, which has enabled the installation of a debit/credit card machine. The tower clock has seen a general service and semi overhaul by Smiths of Derby but unfortunately, a little while after this, the pendulum spring snapped rendering the clock out of order for a while. Trevor Bradley, who looks after the clock for us, was able to effect a repair having sourced a new part locally. The clock is now back in working order. Woodworm treatment was carried out in the church tower in October after bat activity had ceased. This is guaranteed for 10 years. 

   - January saw the removal and reordering of 4 pews to create a children’s area near the font. In March a window cleaner was called in following the church spring-clean to clean the tower’s interior window on each side and the interior windows in the chantry/side chapel. The wall outside and under the railings of the NND room was repaired after the top had begun to crumble and fall off following frost damage. 

   - Repairs were made to the light on the path leading up to the church following vandalization. A police report was filed for this. Spring-loaded door-closers were fitted to the inner glass doors to the church which have proved to be partially effective. 

   - The AV system was checked following a few problems and complaints regarding the “Loop” system but found to be in good working order. 

Debra Frost and Stephen Thomas 

- b) Holy Trinity: 2023 has seen several projects stalled due to COVID, etc, now completed. These include the Audio-Visual upgrade, including a new screen (although fixed in the existing position), projector, cameras, and replacement speakers have been installed, although sadly we are still awaiting a replacement high-level installation for the screen. Equipment and the need to work at very high levels have meant a rethink to the original proposals but are now planned for 2024. 

4 



The new flagpole was installed in the summer and has successfully flown both the St George’s Cross and the Union Flag on many occasions. The North Aisle Pews were removed under a temporary measure and replaced with chairs and a carpet for the school children to use. Once again, the weather has not been kind to us with further water ingress causing, this time, damage to our organ just before Christmas, meaning an insurance claim. Also, some tiles moved due to high winds, etc. 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 

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 2023 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. Activities range from bell-ringing to walking and the Memory Café. 

Financial Review The original budget for 2023 for the General Fund was set at a deficit of over £11,000. It is therefore pleasing to report that the actual deficit turned out to be just £163. This is before investment losses of £1,091, and after £2,450 was transferred from restricted funds to cover their share of expenses. The better than expected budgeted deficit on the General Fund is due to the savings on heating and lighting expenditure which have been achieved by lower consumption because of the milder weather, especially in the final 3 months of the year, and a reduction in the energy tariffs from 1st October. 

Also pleasing to note is the increase in receipts through envelopes, standing orders and the Parish Giving Scheme. This has risen from £112,800 in 2022 to £117,800 in 2023. In October, Gift Sunday was again held, and people were asked to pray and consider their giving. Initial analysis suggests that giving will rise to about £127,000 in 2024 (a rise of 7.8%). Thank you to everyone who has been able to give this year. Please see me, or contact the Mission Office, if you need more information about giving or how to increase your giving. 

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“Balancing the books” in 2024 will be difficult. A £16,000 deficit budget has been set on the General Fund. This is mainly because £29,300 in energy grants, which were received in 2023, will not be available in 2024. New reduced tariffs were set on 1%t October 2023 (fixed for 2 years) but energy costs are still budgeted at over £28,000. By comparison, our energy costs in 2021 were £14,300. Without the grant income in 2024, funding of this expenditure will need to be “found.” Continued monitoring of our energy costs will again be required to ensure wastage is minimized. 

Also prayer needs to be given to the Holy Trinity 0 -5s which will require additional funds in 2024 as past legacies which have been used to fund the group have now been used up. 

- For the Churchyard Account, a £2,400 one-off grant received in December 2023 from East Devon District Council, and the receipt of some late burial fees, has eased the financial situation on this fund for the time being. 

Finally, | would like to give thanks to Bob Soutter, who has continued to act as Gift Aid Secretary and Chief Cashier (counting and taking the money to the bank each week). His support and knowledge during the year has proved vital to me. 

Clive House, PCC Treasurer 

## Reserves Policy 

The PCC has resolved to maintain, if possible, a balance on our Unrestricted Fund, which equates to at least three months’ unrestricted payments to cover emergencies. The Unrestricted Fund reserve figure at 315t December 2023 was £94,365; it was (£129,624 in 2022). 

Overall reserves at 315* December 2023 were £219,727; (£273,211 in 2022), but a significant portion, £53,600, of these funds are restricted to specific purposes. For example, the Fabric Restricted Fund balance of £16,833 represents monies held to repair and maintain the fabric of the buildings. Over £71,000 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. 

## Safeguarding 

The 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 special thanks go to our Churchwardens. 

6 



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 2023 has been one of notable steps forward for our parishes and our Mission Community. The coronation service of King Charles Ill on the 6th of May was one of those truly special moments that none of us will forget. Each church celebrated the good news in its own way. Unity and ecumenical partnership have been big themes throughout the year. In January we joined together with other Exmouth area churches at Glenorchy URC for a joint service of worship as part of the Week of Prayer for Christian Unity. That was followed up by a January day-long retreat at Brixington Community Church for Exmouth area Christian leaders. Monthly breakfast meetings throughout the year attended by the group led to the amazing Christmas Encounters ecumenical event in the Strand on the 22nd of December, with almost every church in the area taking some role in the day. Many new understandings and friendships were forged on that day. As a group of Christian churches, we have learned that we are stronger together, and so we are starting to love and serve each other as a Christian family should. Our regular meetings with our sister Mission Community of Withycombe Raleigh have continued during 2023, and we are increasingly working together in greater partnership to the benefit of us all. 

During 2023 we have continued to hold Sunday services in each of our churches, with the contemporary services known as Awake Church (Littleham) and Journey Church (Lympstone) taking place on the first and third Sunday of the month. We have also offered a Wednesday morning Holy Communion service that rotates weekly around the Mission Community. Attendance at our services has remained strong, with many new people visiting to find out what we are about as a Mission Community, and to look into the Christian faith. January was a special month as we welcomed to Holy Trinity the amazing CMJ Bible Comes to Life Exhibition, which was visited by many of the town’s schools, as well as local people and those from other churches. During the year our staff team worked closely with our three church schools in offering weekly Collective Worship services, as well as offering RE input and hosting special services in church. The trial removal of the North Aisle pews at Holy Trinity has given more room in the nave for a variety of uses and has been found particularly useful to the Beacon School during their weekly Friday worship in church. During the year we were also able to come to an agreement between with the Beacon School, and our neighbours, about right site for a Beacon School Garden in the grounds of Holy Trinity Church. Bishop Jackie will open and bless the new garden on the 11th of March 2024. Early February saw us hosting our 2023 Wedding Preparation Day, which was attended by most of the couples who were marrying in one of our churches during the year. In April, during which we had an amazing Holy Week and Easter Sunday, Splash Projects gathered together 40 volunteer women who created, for free, in one day, a community garden facility in the grounds of the Littleham Leisure Centre. This excellent project was an amazing exhibition of partnership and community working and has really blessed the Littleham community. 

From June through to the end of August | was blessed to be away on sabbatical, and Rev’d Benedict, Rev'd Jonathan, and the churchwardens did an amazing job of caring for the Mission Community during my absence. They even managed to finally see the new flagpole installed on Holy Trinity tower, which was a minor miracle. July saw the celebration of four sea baptisms on Exmouth seafront, which was a 

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deep encouragement to the whole church family, and a real witness to all those passing by. Our monthly men’s breakfasts have continued during the year and were well attended, and well-served by our speakers. A good number of our ladies went to Lee Abbey for a retreat in September, and the event was a special blessing to all who attended. 

Remembrance weekend 2023 was celebrated with great honour and respect, as always, but was developed this year as the Archbishop of Canterbury, Justin Welby, came to the diocese for a Come and See weekend. We hosted Come and See events in both parishes, and that theme was tweaked for Remembrance at Lympstone into Come and Remember. There was a huge community engagement from the village of Lympstone with that special event looking at all forms of memories that we have, and why they are special to us. Lympstone had, in June, also hosted the highly successful Wild About Lympstone eco-event. Both Lympstone and Littleham congregations have really managed, in their village (or pseudovillage) context, to effectively engage with their local community in a very creative and proactive ways. This year has also seen some notable changeovers in familiar roles. In Litthkeham, John Pedrick, after having given so many decades of dedicated service as church organist, retired and was honoured with gifts from the parish and the honorary tile Organist Emeritus. We also welcomed a new organist at Littleham, Charlie Price, who is serving with us while studying for his undergraduate degree at the University of Exeter. In Lympstone, Fiona Upchurch stepped away from her part-time role in Families and Youth work to take on larger responsibilities with her primary employer. Fiona had made a massive impact for the Gospel among the families of the village and will be greatly missed by the church and the staff team. We were very fortunate, however, to be able to recruit into Fiona’s role Abigail Webber, who even in the short time she has been in post has contributed so much energy, creativity, and wisdom to the mission at Lympstone. At the end of December, we also said a sad goodbye to Brooke Haycock, our Exmouth Families and Youth Worker, as she moved back to North Devon. Brooke has also done real wonders with the young people of Exmouth, working in the primary schools, and in the Community College, and also starting and running our Anchored and Lighthouse Youth Ministries. In March Brooke led a very successful outward-bound retreat for our young people at St. George’s House, Georgeham, North Devon. In September Brooke welcomed the Extreme Tour Group from the USA, who came to Exmouth for a week to lead us in Gospel mission to the young people of our area. The week culminated with a very memorable Friday night outreach event in Manor Gardens. 

In September we said goodbye to our Diocesan Bishop, Robert Atwell, as he retired from full-time ministry. He will be sadly missed. In the autumn we also learned that Shaun Tipton, from Sidmouth, will be joining us in June 2024 as a self-supporting minister assistant curate. Shaun, and his wife Tracey, will be with us for three years. This year our three Mission Community parent and toddler groups, Tick Tock (Lympstone), 0-5’s (Holy Trinity) and Tots Terrain (Littleham) have continued to thrive, thanks to our leaders, Abigail, Holly, Rachel and Claire. In October our parent and toddler groups achieved a first by persuading the Exeter Cathedral staff to host a Teddy Praise Service for them at the Cathedral, which was a roaring success. This year our new audio-visual system was installed at Holy Trinity, which now gives us the ability to bring live broadcasts from the internet into church, to play videos during services, or to livestream our church services to the world. 

8 



2023 has also been the year of the Eco Church Team, as they have sought to lead all three churches into greater sustainability and environmentally friendly ministry and fellowship. This year we observed Climate Sunday on the 25th ofJune, and Littleham hosted a Green Fete on the 12th of August. Holy Trinity and Lympstone churches have now earned their Eco Church Bronze Awards and Littleham has managed to earn their Silver Award, which is inspiring. In November, at Holy Trinity, we were a film venue for the first ever Exmouth Film Festival. Several of the people who came to watch one of the films expressed the fact that they had never been into Holy Trinity before. It was one more step forward in seeking to engage with the people of our local communities. 

During 2023 we also took two significant steps forward in terms of people care and financial planning. Firstly, we decided to employ Rosa HR Consultants to help us do a professional job with our human resources documents, practices, and procedures. They have beena great asset to us already. Secondly, we formed a Grant Writing Team, who will be helping us to strategically plan for funding major projects and needs that we have coming up. 

In October we held a Gift Sunday to seek to address the income and capital shortfalls of the Mission Community. While we were able to see an increase in monthly giving through the Gift Sunday Appeal, in the Exmouth parish we were not able to raise sufficient capital assets to ensure that we ended the year in the black. On a very positive note, Rev'd Benedict worked hard this year in discussions with Tom Inman, the new headteacher of Exmouth Community College, to agree the provision of a Christian chaplain for Exmouth Community College. It is planned that the new chaplain, when recruited in 2024, will serve the spiritual and pastoral needs of the young people and staff at the college. 

The year ended with some bumper Christmas services, including the renewed live nativity at the World of Country Life Park, Sandy Bay, the incredible Nine Lessons and Carols service at Lympstone, and the packed-out Celebrate Exmouth Carol and Nativity Service for adults with learning disabilities at Holy Trinity Church. 

This year we have lost many great saints. As we end the year, we remember each one of them, rejoice that they are now with the Lord in Heaven, and we thank God for those who cared for them during their final season of life. | would like to thank all the clergy, stipendiary and retired, for their sacrificial ministry this year, and also the Mission Community staff team for their great devotion to God and dedication to Christian service. Most particularly, | would like to thank my fellow priest and ministry partner, Rev'd Benedict Cambridge, for sharing with me the privilege of daily leadership of such an amazing family of churches. 

## 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 Assistant 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 2023, on 1% February, PCC membership stood at twenty, 

9 



but at the end of the year it had fallen to eighteen. The first meeting after the 2023 APCM took place on 19" April 2023 and the PCC subsequently met in May, July, September and November. Attendance averaged 79%. Urgent PCC business was also carried out by Correspondence on four occasions. 

## 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 2023 until the date this report was approved are: 

|approved are:||||
|---|---|---|---|
|Team Rector:||The Reverend Steven Jones||
|Team Vicar:||The Reverend Benedict Cambridge||
|Team Curate:||The Reverend Jonathan Reynolds||
||_|||
|Churchwardens: Littleham:||Mrs Debra Frost||
|||Mrs Diana West|(ToAPCM 2023)|
|||Mr Stephen Thomas|(From APCM 2023)|
|Holy Trinity:||Mr Michael Goom||
|||Mr Paul Stock||
|DeanerySynod Members:||Mrs Diana Cosslett|(ToAPCM 2023)|
|||MrStephenThomas|(FromAPCM 2023)|
|||Mr Keith Moore|(From APCM 2023)|
|||Mrs Margaret Elms|(FromAPCM 2023)|
|||Mr Paul Stock|(From APCM 2023)|
|Diocesan Synod Members||Mr Robert Soutter||
|||Mr Paul Stock||
|Elected Members:||Mr Richard Martin|(To 2023 APCM)|
|||Mrs Catherine Garrett (To 2023 APCM)||
|||Mr Keith Moore|(From 2023 APCM to 2024APCM)|
|||Mr David Knight|(To 2024APCM)|
|||Dr Peter Stiff|(To 2024 APCM)|
|||Mrs Liz Welch|(To 2024APCM)|
|||Mr Mike Evershed|(To 2025 APCM)|
|||Mrs Sue Moseley|(To 2025 APCM)|
|||Mrs Barbara Scales|= (To 2025APCM — Resigned Sept2023|
|||Mr Clive House|(To 2026 APCM)|
|||MrTimothy Biggs|(From 2023 APCM to 2026 APCM)|
|||MrsSueCarrahar|(To2026APCM)|



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Co-Opted Members: 

PCC Secretary PCC Treasurer 

Mr Martyn Haley (To 2024 APCM) Mr Timothy Chappell (To 2024 APCM) 

Mr Keith Moore Mr Clive House 

Approved by the PCC on the 31" January 2024 and signed on its behalf by: 

sie Benedict oe (Team Vicar and Chair of the PCC Meeting held on 31° January 2024 

Mr Michael Goom 

(Churchwarden) 

1] 



## 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 2023 which are set out on pages 13 to 36. 

## 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 | am 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: 

1. 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 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. 

fe Chartered Accountant 18A Littleham Road 

## Exmouth EX8 2QG Date (5I /LY 

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Littleham cum Exmouth Parochial Church Council 

A Summary of our Funds and how they are held 

||A Summary of ourour Funds and how they are held|
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13 



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|ea<br>Equment-Chucyard Daser(eta terdepeston) fi |__| |__| 6000<br>Po<br>I<br>le<br>Beviow, PrepaymentsAcsnesane<br>————SS«izBTCC<br>a<br>NE<br>CC<br>GE)<br>Netto89727|



14 



THE GENERAL FUND 

2023 

2022 

## 1. INCOME 

## Note 


**----- Start of picture text -----**<br>
1a: Voluntary Income<br>Envelopes, Standing Orders & Parish Giving Scheme 117,861 112,879<br>Gift Aid recovered on ‘normal’ giving 30,796 29,180<br>Collections 7,435 7,055<br>Grants 1,803<br>Donations & boxes 8,916 11,478<br>Gift Day receipts, inc. Gift Aid recovered 1,719 16,419<br>Legacies not allocated to designated funds 2 | - | 1,722<br>168,529 179,365<br>1b: Activities for generating funds<br>Use of churches and halls by outside organisations 4,565 4,811<br>Catering activities for outside organisations etc<br>Sale of postcards and other cards etc<br>Donations for use of grounds for car parking 4,850 5,625<br>Charges for advertisements in 'The Net’ + donations 2,062 2,463<br>11,896 13,728<br>1c: Income from Investments 8,621 6,143<br>1d: Church Activities<br>Use of churches and halls by Christian organisations<br>Fees - weddings and funerals 21,768 22 1O:<br>Fund raising - church functions<br>Coffee bar income 5,451 4,643<br>28,086 28,509<br>TOTAL INCOME 217,132 227,745<br>**----- End of picture text -----**<br>


## TOTAL INCOME 

15 



2: EXPENDITURE 

2023 

2022 

## Note 

|2a: Church Activities|||||
|---|---|---|---|---|
|Missionary and charitable giving|||||
|Ministry costs: Diocesan Common Fund|||||
|Clergy and Readers' expenses|4||||
|Church running: Upkeep ofServices|||||
|Heat, light and water|||||
|Insurance|||||
|Maintenance ofchurches and halls|||||
|Printing costs ofThe Net|||||
|Other printing, postage, stationery, broadband etc.|5,6||||
|Bank and financial system charges|||||
|Salaries: organists|7||||
|Salaries: cleaners|7||||
|Independent Examiner's fees|||||
|Administrator's salary, and pay roll costs|7||||
|2bRaisingFunds<br>Stewardship& GiftAid envelopes etc.<br>Catering Functions foroutside organisations<br>Cost of Videos, postcards and othercards etc<br>Costs ofchurch functions||[. -<br>|98|<br>fF<br>|«666||ha<br>|<br>ES<br>0]||
|CoffeeBarCosts|||||



TOTAL EXPENDITURE Net LOSS before Investment LOSSES Loss on revaluation of Investment Assets LOSS BEFORE TRANSFERS Add: Net Transfers: From the Churchyard Fund From Holy Trinity 0-5 Group From Lighthouse Youth Ministries 

## NET LOSS FOR THE YEAR 

Balance brought forward 1st January 2023 Balance carried forward 31st December 2023 

16 



## HUMAN RESOURCES CONSULTANCY - a Designated Fund (Unrestricted) 


**----- Start of picture text -----**<br>
Note 2023 2022<br>Income<br>No Income eee eas |<br>Total income PRES<br>Expenditure<br>Consultancy fees ENeatoreeed<br>Total expenditure eeeeee es |<br>Excess of Expenditure over Income before transfer vaseoesSa ta |<br>Add: Transfer from Designated Parish Digital Fund | Renee Seay<br>Net Income after transfers 1,900| |e<br>Add: Balance 1st January 2023 Rioreead<br>Balance 31st December 2023  seerepione eae<br>Be ee ee ee ee ee<br>PARISH DIGITAL PROJECT - a Designated Fund (Unrestricted)<br>Note 2023 2022<br>Income<br>Legacy - Patricia Parkin '<br>Legacy - Joan Watts<br>Total income<br>Expenditure<br>New HT sound HT sound sound system Wet eae.<br>Total expenditure ee eee 0<br>Excess of Expenditure over Income before transfer<br>Add:Less: BalanceTransfer to1st JanuaryDesignated 2023HRLess: BalanceTransfer to1st JanuaryDesignated 2023HR BalanceTransfer to1st JanuaryDesignated 2023HRTransfer to1st JanuaryDesignated 2023HR to1st JanuaryDesignated 2023HR1st JanuaryDesignated 2023HR JanuaryDesignated 2023HRDesignated 2023HR 2023HRHR Consultancy Fund a<br>Balance 31st December 2023<br>KKKKKKKKKKKKRKKKRAKKKKRKKKKKKKRKAKKEKEKEKE RK KK KKK KKK<br>HOLY TRINITY 0-5 GROUP - A Designated Fund (Unrestricted)<br>Note 2023 2022<br>Income<br>Legacy - Patricia Parkin<br>Total income<br>Expenditure<br>salary<br>Total expenditure<br>Excess of Expenditure over Income<br>Add: Balance 1st January 2023 January 2023 2023 Re ean. |<br>Balance 31st December 2023 31st December 2023 December 2023 2023 -sO| |RZFOROR<br>**----- End of picture text -----**<br>


Expenditure New HT sound HT sound sound system Total expenditure Excess of Expenditure over Income before transfer Add:Less: BalanceTransfer to1st JanuaryDesignated 2023HRLess: BalanceTransfer to1st JanuaryDesignated 2023HR BalanceTransfer to1st JanuaryDesignated 2023HRTransfer to1st JanuaryDesignated 2023HR to1st JanuaryDesignated 2023HR1st JanuaryDesignated 2023HR JanuaryDesignated 2023HRDesignated 2023HR 2023HRHR Consultancy Fund Balance 31st December 2023 KKKKKKKKKKKKRKKKRAKKKKRKKKKKKKRKAKKEKEKEKE RK KK KKK KKK 

Income Legacy - Patricia Parkin Total income 

Expenditure salary Total expenditure Excess of Expenditure over Income Add: Balance 1st January 2023 January 2023 2023 Balance 31st December 2023 31st December 2023 December 2023 2023 

17 




**----- Start of picture text -----**<br>
LIGHTHOUSE YOUTH MINISTRES incorporating YOUTH<br>AND FAMILY WORKER- A Designated Fund<br>(Unrestricted) Note 2023 2022<br>Income<br>Legacy - Patricia Parkin fe<br>Grant from Church Institute Trust ae<br>Expenditure<br>ie | :<br>Total expenditure<br>Excess of Income over Expenditure Pe<br>Add: Balance 1st January 2023 ae<br>Balance 31st December 2023<br>Se OR RR SR ROKR oo oR oR oR oR oi oR oR oR oo a oo ok RR RK RR RR RK<br>FABRIC FUND- A Designated Fund (Unrestricted)<br>Note 2023 2022<br>Income<br>Legacy - Peggy Cooper Peggy Cooper Cooper 2 Be ee<br> expenditure a) Ee a<br>Total expenditure oe<br> of Income over Expenditure Income over Expenditure over Expenditure Expenditure he SS<br>Balance 1st January 2023 a) ax 33<br>Balance 31st December 2023 31st December 2023 December 2023 2023 Em tit8<br>SSR OK ES OK OK a a oo a Oo oo oi 2 2 oR oo oo ok oR oR oo oo RR RK<br>REFUGEE SUPPORT FUND-- A Restricted Fund<br>Renamed from AFGHAN REFUGEE SUPPORT PROJECT AFGHAN REFUGEE SUPPORT PROJECT REFUGEE SUPPORT PROJECT SUPPORT PROJECT PROJECT Note 2023 2022<br>Income<br>Donations<br>Grant - All Churches (now known as Benefact) Trust<br>Total Income<br>Expenditure<br>Use of rooms Seaeenee!<br>Return of unspent grant to Benefact Trust ae<br>Clothing (including school uniforms), shoes etc Dice =<br>Total Expenditure<br>Excess of Expenditure over Income<br>Add: Balance 1st January 2023<br>Closing Balance 31st December 2023 ‘s<br>**----- End of picture text -----**<br>


Income Legacy - Peggy Cooper Peggy Cooper Cooper Expenditure No expenditure Total expenditure Excess of Income over Expenditure Income over Expenditure over Expenditure Expenditure Add: Balance 1st January 2023 Balance 31st December 2023 31st December 2023 December 2023 2023 SSR OK ES OK OK a a oo a Oo oo oi 2 2 oR oo oo ok oR oR oo oo RR RK REFUGEE SUPPORT FUND-- A Restricted Fund Renamed from AFGHAN REFUGEE SUPPORT PROJECT AFGHAN REFUGEE SUPPORT PROJECT REFUGEE SUPPORT PROJECT SUPPORT PROJECT PROJECT 



## BEACON SCHOOL GARDEN- A Restricted Fund 

|BEACON SCHOOL GARDEN-- A Restricted|Restricted|Restricted Fund|||||
|---|---|---|---|---|---|---|
||||Note||2023|2022|
|Income|||||||
|Donations|||||||
|GiftAid||||a|||
|Total income|||||||
|Expenditure<br>Legal Fees - legal agreement<br>Planning application<br>Total Expenditure<br>ExcessofIncome overExpenditure<br>Add: Balance 1st January2023<br>Closing Balance 31st December 2023||||fF||«AO<br>|<br>ll<br>Rs<br>|<br>(|eee<br>li(iti‘|
|96 9 98 ok 9k 2K 9K OK 8 BOB OB<br>oROB<br>OR OKoo RR OB|OK|OR RK KKKK|||||
|LITTLEHAMCHURCHYARD -A RestrictedFund|||Note||2023|2022|
|Income|||||||
|Fees|||||||
|Grant from EDDC|||||||
|Grantfrom EDDC - additional one offgrant<br>Grantfrom Glebe HouseTrust for digger<br>Grantfrom Glebe HouseTrustforwall repointing<br>Commonwealth Graves Commission||||a<br>|<br>«GG||pareea<br>eerie ee|<br>eee eG|
|Donations|||||||
|Interest Received|||||||
|Gift Aid Recovered|||||||
|Sale ofchurchyard booklet&Open Day refreshments||||||||
|Totalincome|||||||



19 




**----- Start of picture text -----**<br>
LITTLEHAM CHURCHYARD - A Restricted Fund - continued<br>.<br>Note 2023 2022 |<br>Expenditure<br>Salary, NHI, etc: Sexton 7<br>Grave Digging Costs<br>Contractors<br>Bench Repairs a<br>Machinery Costs<br>Memorial Plaques: Faculty and Wall Repairs wi =|<br>Boundary Wall Repairs Fe. ae<br>Natural Burial Area specific expenses<br>General Expenses<br>Depreciation of digger 13<br>Total expenditure<br>Excess of Expenditure over Income before transfer<br>Less: Transfer to PCC's General Fund for admin/printing<br>Net Expenditure after transfers<br>Add: Balance 1st January 2023<br>Balance 31st December 2023<br>|<br>OK OG RE OR OK EO OO OO OO OO OO OO OR OK<br>| ECO PPROJECTS: A Restricted Fund<br>| Note 2023 2022<br>Income<br>FundTotal IncomeraisingTotal Incomeraising Incomeraisingraising - ECO ECO Fete, Sale of Marmalade Marmalade —_ heFae aa)2a<br>| Expenditure<br>Littleham Leisure Centre - Contribution Contribution for Fete |<br>Donation to A Rocha A Rocha Rocha UK for ECO work for ECO work ECO work work ae<br>Total Expenditure he ee<br>Excess of Income over Expenditure of Income over Expenditure Income over Expenditure over Expenditure Expenditure eee S70<br>Balance 1st January 2023 January 2023 2023 Ms tl—<br>Balance 31st December 2023 2023 ke ea<br>**----- End of picture text -----**<br>


Income FundTotal IncomeraisingTotal Incomeraising Incomeraisingraising - ECO ECO Fete, Sale of Marmalade Marmalade | Expenditure Littleham Leisure Centre - Contribution Contribution for Fete Donation to A Rocha A Rocha Rocha UK for ECO work for ECO work ECO work work Total Expenditure Excess of Income over Expenditure of Income over Expenditure Income over Expenditure over Expenditure Expenditure Balance 1st January 2023 January 2023 2023 Balance 31st December 2023 2023 

20 




**----- Start of picture text -----**<br>
||||||
|---|---|---|---|---|
|ENERGY FUND:|A|Restricted Fund|
|Income|
|Grant from|Diocese|
|Grant from|Church|Institute|Trust|
|Total|Income|
|Expenditure|
|Church|running:|Heat|and|light|
|Total|Expenditure|
|Excess|of|Expenditure|over|Income|
|Balance|1st January|2023|
|Balance|31st|December 2023|

**----- End of picture text -----**<br>


## Note 


**----- Start of picture text -----**<br>
2023 2022<br>| — _-j<br> eiaediines sae:<br>Pace<br>a)<br>**----- End of picture text -----**<br>


oie oi 9 9 2 9K 2 oi oo ok oo ok oo oo oR oR OK OK oR oR RR RR BR KK 

## FABRIC FUND - A Restricted Fund 


**----- Start of picture text -----**<br>
||||||||
|---|---|---|---|---|---|---|
|Note|2023|2022|
|Income|
|Donations|ee|
|Littlkeham Tower clock donations|incl.|gift|aid|aeraee ||
|Legacies|(2022|-|Cleo|Moren-Brown)|Lo|
|Gift Aid|recovered|Ta|||
|Devon|Historic Churches|grant|||ce|ROO|
|Listed|Places|of Worship|Grant|Scheme|
|Exeter|Diocesan|Trust Grant|- woodworm|treatment|eee|eeenO|
|Total|income|
|Expenditure|
|Repairs to|clock on|West|Face of HT Tower|Ease|
|Woodworm|treatmen|
|-|Littleham|church|eens|[0][ |]|
|Repairing|pointing|-|Littleham|Church|f|
|Quinquennial|inspections & surveys|- HT and|Littleham|ae|
|Other|expenditure|
|Total|Expenditure|
|Excess|of|Expenditure|over|Income|
|Add:|Balance|1st|January|2023|
|Balance|31st|December|2023|

**----- End of picture text -----**<br>


21 



## FLOWER GUILD - HOLY TRINITY - A Restricted Fund 

|Income|||Note|2023|2022|
|---|---|---|---|---|---|
|Donations and Wall Safe||||||
|Flowerfestival -coffee bar<br>Flowerfestival -organ recital||||fF<br>|||
|Flowers forweddings||||||
|GiftAid<br>Scone Party||,|||8a|cia<br>ve|
|Total income||||||
|Expenditure||||||
|Flower festival flowers||||Fs||
|Flowers etc purchased||||||
|Total expenditure||||||
|ExcessofIncomeover Expenditure||||rs)||
|Add: Balance 1st January 2023||||||
|Balance 31st December 2023||||||
|9K 6 OB AB OB OB BOB<br>2 OK 2 OBOeOO<br>OR BO OK OB OB OB oR OR OK OB OO OB RKRK KK||||||
|FLOWER GUILD - LITTLEHAM- A Restricted Fund||||||
|Income|||Note|2023|2022|
|Donations and Fund Raising||||||
|Fees for weddings||||||
|tec|||||EEEENO|
|Total income||||||
|Expenditure||||||
|Purchase offlowers etc||||||
|Total expenditure||||||
|Excess of Expenditure over Income||||||
|Add: Balance 1st January 2023||||||
|Balance 31st December 2023|.||||«620||



22 



HOLY TRINITY MUSIC FUND- A Restricted Fund Income Donations and contributions Total Income Expenditure No expenditure during the year Excess of Income over Expenditure Add: Balance 1st January 2023 Balance 31st December 2023 

Se RR RR OR oR oo oR Ro oR oR oo a oo ok oo oo oo oo oR BR KE 

## HOLY TRINITY FLAG POLE - A Restricted Fund 

Income Donations Gift Aid Legacy Listed Places of Worship Grant Scheme 

_ Expenditure Survey, flag pole and parts Crane Hire, materials, installation costs Total expenditure Excess of Expenditure over Income Add: Balance 1st January 2023 Balance 31st December 2023 


**----- Start of picture text -----**<br>
Note 2023 2022<br>Paes<br>[| [84]] [|S]<br>a) ero |<br>a .<br>s<br>.<br>Note 2023 2022<br>UE [aang]<br>camps<br>Bee ers<br>f<br>Pe<br>Peearees na]<br>a)<br>**----- End of picture text -----**<br>


23 



## HOLY TRINITY 0-5 GROUP- A Restricted Fund 


**----- Start of picture text -----**<br>
||||||||
|---|---|---|---|---|---|---|
|Note|2023|2022|
|Income|
|Fees|
|Donations|
|Fund|Raising|ECE]|
|Gift Aid|recovered|eeeow)|
|Total|Income|
|Expenditure|,|
|Salary|7|
|Excess|of Income|over|Expenditure|before transfers|
|Less:|transfers to General|Fund:|Pe|e|e|||
|Use|of|Holy|Trinity|Hall|
|Printing|||40|
|Plus: transfer from|General|Fund|to clear overdrawn|balance|eee|nO|
|Excess of Income over Expenditure|after transfers|a)|
|Opening Balance|1st January 2023|a)|
|Closing Balance|31st December 2023|i:|ll|

**----- End of picture text -----**<br>


24 



## LIGHTHOUSE YOUTH MINISTRES incorporating YOUTH AND FAMILY WORKER - A Restricted Fund 

|AND FAMILY WORKERWORKER - A Restricted Fund|||||||
|---|---|---|---|---|---|---|
|||Note|||2023|2022|
|Income|||||||
|Grants: TheChurch Institute Trust<br>as above, for Bibles<br>Spring HarvestSeed Funding||||a)<br>fF||sgenaepara|
|Total<br>Grants|||||||
|Donations|||||||
|Extreme Tourdonations<br>St Georges House Retreat Event<br>Spree Event<br>Gift Aid||||||80)|eee eae<br>a<br>ea ee<br>SoMate|
|interest|||||||
|Total Income|||||||
|Expenditure|||||||
|Salary<br>Extreme TourExpenditure<br>Spree Event<br>StGeorges House Retreat Event||7|:|||a ae |<br>baring<br>Serene nage al|
|Other Expenses|||||||
|Total Expenditure|||||||
|Excess ofIncome over Expenditure, before transfers|||||||
|Less: Transfer to PCC's General Funds re printing|||||||
|Excess ofIncome over Expenditure, aftertransfers|||||||
|Balance 1stJanuary2023|||||a)||
|Balance 31stDecember2023||||||2,302]||)|
|389<br>oe 9 oo oo oo oo KO<br>KO oo OB OB OB OR RO OR|BR||||||
|LITTLEHAM CHURCH BELLS - A Restricted Fund|||||||
||||Note|||2023|2022|
|Income|||||||
|Donations<br>GiftAid<br>Interest<br>Other income|||||68<br>LD||Paayong<br>Beri ee|
|Total income||||||Ree|
|Expenditure|||||||
|New louvre panels in bell chamber||||a)|||
|Total Expenditure|||||a)||
|Excess of Income over Expenditure|||||||
|Balance 1stJanuary 2023|||||a)||
|Balance 31st December2023||||||eee<br>OO||
||||||,||



38 9 oe 9 oo oo oo oo KO KO oo OB OB OB OR RO OR BR 

||||
|---|---|
|Income||
|Donations<br>GiftAid<br>Interest<br>Other income||
|Totalincome||



Expenditure New louvre panels in bell chamber Total Expenditure Excess of Income over Expenditure Balance 1st January 2023 Balance 31st December 2023 

25 



LITTLEHAM CUM EXMOUTH PCC COMMUNITY FUNDA Restricted Fund Note 2023 2022 Income Donation from Lord Clinton's Charitable Trust an) Total income En Expenditure Support to those at disadvantage in the parish at this time | 660) [ OO Total Expenditure |ss60| |nO Excess of Income over Expenditure Rs =——ilia8 Balance 1st January 2023 | lO TO Balance 31st December 2023 | 90] TO) 

Sk 5K OK ok 2k ok oe 2K ok ok ok oe ok oo ok ok oR RoR oR oR RK BR RRR RK RB OR LITTLEHAM DEFIBRILLATOR - A Restricted Fund Note 2023 2022 Income Fund raising - church fete an) Total income [| Expenditure Defibrillator purchase |OO Total Expenditure a) Excess of Income over Expenditure a) Balance 1st January 2023 Fraser Balance 31st December 2023 

26 



## LITTLEHAM LEISURE CENTRE - A Restricted Fund 


**----- Start of picture text -----**<br>
||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Note|2023|2022|
|Income|
|Hire|Charges|
|Fund|Raising|Peel|
|Interest|
|Other|Income|and|donations|
|Total|income|
|Expenditure|
|Cleaner's|Salary|7|az:|
|Heat,|Light,|Water|
|Maintenance,|Repairs|&|Insurance|
|General|expenses|
|Total|Expenditure|
|Excess|of|Income|over|Expenditure|
|Balance|1st|January|2023|
|Balance|31st|December|2023|
|KOK|OK|9|a|Ko|a|a|oR|a|Ko|oo|a|oo|oR|oR|RO|OO|RO|RR|
|MEMORY CAFE AT|HOLY TRINITY|- A|Restricted|Fund|
|Note|2023|2022|
|Income|
|Fund|Raising|and|donations|
|Interest|reer|

**----- End of picture text -----**<br>



**----- Start of picture text -----**<br>
||||||
|---|---|---|---|---|
|Income|
|Fund|Raising|and|donations|
|Interest|
|Expenditure|
|Craft|Materials,|etc.|
|Total|Expenditure|
|Excess|of|Income|over|Expenditure|
|Balance|1st January|2023|
|Balance|31st|December|2023|

**----- End of picture text -----**<br>


27 



Note 2023 2022 

. 

## MEN'S BREAKFASTS- A Restricted Fund 

Income Contributions from Attendees Total income Expenditure Cost of Meals Total Expenditure Excess of Income over Expenditure Balance 1st January 2023 Balance 31st December 2023 oe 9K 9K 98 9K ooo oo oR oo oR Ko oR oR oR oO OR RR KR RR RR RK ORDINANDS' FUND: A Restricted Fund 


**----- Start of picture text -----**<br>
|||||
|---|---|---|---|
|Income|
|Donations|
|Gift Aid|recovered|
|Total|income|
|Expenditure|
|Conference|for|lay|readers|
|Stoles|for the|Burren's|
|Total|Expenditure|
|Excess|of Income|over|Expenditure|
|Balance|1st January|2023|
|Balance|31st December 2023|

**----- End of picture text -----**<br>



**----- Start of picture text -----**<br>
||||
|---|---|---|
|Note|2023|2022|
|||==|90|
|Pe|
||2,604||

**----- End of picture text -----**<br>


28 



## PARISH DIGITAL PROJECT - A Restricted Fund 


**----- Start of picture text -----**<br>
||||||||||
|---|---|---|---|---|---|---|---|---|
|Note|2023|2022|
|Income|
|Gift|Aid|
|Total|Income|
|Expenditure|
|Audio|and|Visual|Equipement|f|
|New HT sound system|ns an|
|Total|Expenditure|
|Excess|of|Expenditure|over|Income|
|Balance|1st January|2023|
|Balance|31st|December 2023|Pe|
|KKK|KKK|KR|REE|RE|R|KKK KERR KERR AK KKK|EK RRR|RAH|

**----- End of picture text -----**<br>


## LEGACY TRUSTS - An Endowment Fund 


**----- Start of picture text -----**<br>
|||||||||
|---|---|---|---|---|---|---|---|
|Note|2023|2022|
|Income|
|No income|in the year (income|is credited to general|funds)|[id|ie|Sad|
|Expenditure|Ps|
|No expenditure|Tc|lO|
|Excess|of Income over Expenditure|a|sl|
|Plus:|valuation|increase|on|investments|(2022|:|loss)|
|Balance|1st|January|2023|
|Balance|31st|December|2023|

**----- End of picture text -----**<br>


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. 

29 



. 

## MISSION AND CHARITABLE GIVING 

|||a|
|---|---|---|
|Barnabas Fund<br>Children in Need (HT0-5's)<br>Children's Society: ChristingleServices<br>ChurchArmy|paso]<br>ee<br>eee<br>ee eee<br>a<br>a||
|CMJ - Bible Exhibition at Holy Trinity Church<br>cms<br>Bibles forBeaconSchool<br>MissionAviation Fellowship<br>Open DoorExmouth<br>TheWaveChurch<br>NewHope CommunityChurch,USA- <br>Extreme Tour<br>A Rocha UK<br>-ECOFund<br>MacMillan CoffeeMorning atHolyTrinity<br>USPG:Elephantboxes-forHospitals|ed<br>ee<br>eee<br>f<br>azof<br>ee<br>rc)<br>Pos]<br> Le<br>200<br>**ee** **e**e<br>ee<br>a<br>ia|ae<br>200|



## Last year's totals 

| 

30 



## BALANCE SHEET AS AT 31ST DECEMBER 2023 

||Note|||2023||2022|
|---|---|---|---|---|---|---|
|Fixed Assets|||||||
|Machineryequipment|13|6,000||||9,000|
|InvestmentAssets||117,122||||117,584|
|||||123,122||126,584|
|CurrentAssets|||||Oota||
|Debtors|8|3,571||||1,645|
|Cash at banks and in hand||105,061||||162,195|
|||||108,632||163,840|
|Less:|||||||
|Creditors & Provisions|||||||
|Creditors:amount fallingduewithinoneyear|9||-|12,028|-|17,213|
||||-|12,028 |||-|17,213|
|||||96,604||146,626|
|NetAssets||||219,727||273,210.61|
|FUNDS|||||||
|Unrestricted||||94,365||129,624|
|Restricted||||53,600||72,454|
|Endowment||||71,762||TAGT33|
|||||219,727||273,211|



fe 2 9K oe ok oi oie oo oie oi 9K 2 9K 9K oi ie 9 2 oo 2 2 eo oo oo oO oo Oo oo oe oe oo OK OK oo OK oR OK KOK KK 

## VALUATION OF INVESTMENTS - AT 31ST DECEMBER 2023 

|Stock - General||MarketValue||
|---|---|---|---|
|3161 M&G Charifund Units|10,242|45,360|46,452|
||10,242|45,360|46,452|
|Stock -heldunderTrust<br>1350.84 CBF Investment Fund Shares|es<br>ee es<br>12,218<br>30,536||27,889|
|20557.52 CBF Property Fund Shares|25,000|24,794|26,416|
|1145.068M&G Charifund Income Units|12,218|16,432|16,827|
||49,436|71,762|71,133|
||59,678|117,122|117,584|



OK KG A A KE A GA fe KG AG 9K iG Re ee ig ie 2K ie og 2 i ie Rg oi ie ie oie 2 iG eek ook oo ok BR kK The notes on page 33 to 36 form part of these accounts. 

Approved by the Parochial Church Council on the 31st January 2024, and signed on its behalf by 

y . Tac 

The R&verend Benedict Cambridge Clive House Chair of the Parochial Church Council Treasurer to the Council meeting held on 31st January 2024 

This Annual Report and Financial Statements were accepted at the Annual Parochial Church Meeting held on Wednesday 17th April 2024 

He Reverend Benedict/Cambridge Chair of the Annual Parochial Church Meeting 

31 



STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2023 


**----- Start of picture text -----**<br>
|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|[|Unrestricted|||Restricted|||Endowment|||TOTAL FUNDS|
|||Funds|[Funds||Funds|||__2023|2022|
|Income and Endowments|A|=|=—=—|hl|
|Voluntary income|193,780|71,763]  -|_|_265,543|322,452|
|Activities for generating funds|11896||-||—--_~‘||11,896|13,728|
|Investment|Income|8,621|14210;|-|||9,831|6,354|
|Church|activities|28,086|35,276|  -||63,362|73,819|
|TOTAL INCOME|242,383|||108,249]|=|-|||350,632|416,353|
|Expenditure|A|=|=—=— hl|
|Church|activities|278,237|||124,653]|~~|-|_|_402,890|352,768|
|Raising|Funds|8ee|ee|
|TOTAL EXPENDITURE|279,001]|124,653]|——|-|||403,654|353,165|
|NET INCOME/(EXPENDITURE)|;|36,618||-|16,404[|—|-_||-|53,022|63,188|
|BEFORE INVESTMENT GAINS/Losses|[| S|TP|
|NET|GAINS/LOSSES ON INVESTMENTS __||-|1,091aioe -|10,946|
|NET INCOME/EXPENDITURE|-|37,709||-|16,404|-|53,484 ||||52,242|
|TRANSFER|BETWEEN|FUNDS|2450|-|2450],|-|||-|| (ea|
|NET MOVEMENT|IN|FUNDS|:|35,259||-|18,854|-|53,484|52,242|
|Balances|brought forward|1st Jan|2023|129,624|72,454|71,133|||273,211|220,969|
|Balances|carried forward|31st Dec 2023||—_—-94,365||—_53,600|71,762|||219,727|273,211|

**----- End of picture text -----**<br>


The Notes on pages 33 - 36 form part of these accounts. The Unrestricted Funds consist of the the General Fund and the designated Parish Digital Project Fund, designated Fabric Fund, designated Holy trinity 0 -5 Group Fund, designated HR Conultancy Fund and designated Lighthiouse Youth Projects Fund. 

32 



| | | é | 

## NOTES TO THE ACCOUNTS 

## 1. ACCOUNTING POLICIES 

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. They do not include the accounts of church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members. 

## 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 £5,000, so all such expenditure has been written off when occurred. 

33 



| 

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. 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 2022 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 31t December each year. 

## 2. LEGACIES 

The PCC benefitted from 1 legacy of £250 from Peggy Cooper in 2023. The legacy has been designated to the Fabric Fund. 

## 3, RELATED PARTY TRANSACTIONS 

In 2023, donations were received from Trustees (PCC members) and their close relatives totalling £30,294: (2022: £21,496). 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 2023 three PCC Members (Three Clergy) claimed expenses, including travel, subsistence, office supplies and the cost of communications, totalling £6,500: (2022: £5,286). 

## 5. LEASE 

The heading of ‘printing, postage and stationery etc’, includes charges of £826 (2022: £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’ two part time Administrators, three organists (one organist retired in October and was replaced), a sexton, a leader of Lighthouse Youth Ministries, one leader of the 0-5 Group at Holy Trinity, and two part time cleaners (for the Churches). One of the cleaners transferred to working on a voluntary basis from October. These figures include 2 members of staff | who are self employed. No member of staff earned more than £60,000 in the year. All staff received a rise of 10%, or greater in order to achieve the Living Wage Foundation rate of £10.42 per hour, on the | 1t April 2023. | Staff salaries salaries (including remuneration given to the the self employed employed persons totalled £79,840 gross 

Staff salaries salaries (including remuneration given to the the self employed employed persons totalled £79,840 gross (£72,296 in 2022). National Insurance contributions paid by the PCC totalled £4,811 (£6,626 in 2022) and Employer’s Pension Contributions (defined contribution plan) totalled £1,304 (£1,576 in 2022). 2023 Staff costs recharged to Lympstone totalled £3,962 (£3,617 in 2022), and organist fees received totalled £825 (£920 in 2022). Payroll processing costs were £504 (£460 in 2022). The total cost to the PCC for 2023 salaries and payroll processing costs was £81,672 (£76,421 in 2022). 

34 



| | | 

## 8. 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 2023 these totalled £3,571 2022: £1,645) 

The 2023 figure is made up of: 

|a)|Debtors||
|---|---|---|
||Gift Aid Claim|£958|
||Funeral Fees|£2,072|
||HT Hall Hire Fee|£70|
||Accrued2023incomebankedafter318'December|£221|



## b)) Prepayments 

Youth Retreat deposit payment £250 

## 9. LIABILITIES 

| | | 

| 

|9. LIABILITIES|9. LIABILITIES|9. LIABILITIES||
|---|---|---|---|
|Liabilities are measured at theirsettlementamountand recognised forthe|||theamountthat the PCC|
|anticipates it will payto settle the debt oramount it has received in advance forgoods and services it||||
|must provide. Provisions for liability es are measured atthe best estimate oftheirsettlement amount.||||
|In 2023 these totalled||£12,028|(2022 £17,213)|
|The 2023 figure is made up of:||||
|a)|Creditors:|||
||Maintenance of Holy Trinity Grounds|£1,260||
||Churchyard expenses|£175||
||Bank Charges|£5||
||Gas, Electricity and Water including LLC|£3,967||
||Diocesan Funeral Fees|£362||
||PAYE/NI and Pension payments— Dec payroll|£1,452||
||Leisure Centre Refund for2023 booking|£22||
||Christingle—Children’sSociety|£408||
||Littleham Flower Expenses|£47||
||Christmas Encounters Expense|£22||
||Payment to St Gregory’s, Seaton|£25||
||Broadband and Telephone|_ £63|£7,808|
|b)|Payments made to us in advance:|||
||Weddingfees<br>Contributions for ‘The Net’|£700<br>£805||
||Lympstone Contras—HRconsultancy and Fees|£849||
||Booking for Littleham Leisure Centre|£66|£2,420|
|c)|Accruals|||
||IndependentExaminer’sfees|£1,800|£1,800|



35 



## 10. MOVEMENT BETWEEN FUNDS 

Transfers between Funds are set out clearly in the various Income and Expenditure Accounts shown on pages 15 - 28. 

## 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 £4,200. 

## 13. FIXED ASSETS 


**----- Start of picture text -----**<br>
||||
|---|---|---|
|Machinery|Equipment|
|£|
|Cost|
|Brought forward|12000|
|Additions|0|
|Carried|Forward|12,000|
|Depreciation|
|Brought forward|3,000|
|Additions|3,000|
|Carried|Forward|6,000|
|Net|book value|
|Carried|forward|6,000|
|Brought forward|9,000|

**----- End of picture text -----**<br>


36 

| 



| 

## GENERAL FUND BUDGET 2023 


**----- Start of picture text -----**<br>
Budge Actua Buage<br>1a: Voluntary Income | excl aaa | Eazraeoee<br>Envelopes, Standing Orders & Parish Giving Scheme<br>Gift Aid recovered<br>Collections<br>Grants Sain eaeen|<br>Donations<br>Gift Day, including Gift Aid recovered | = §=—Ss1,719 | eee ar<br>Legacies a Eee<br>1b: Activities for generating funds |<br>Use of churches and halls by outside organisations<br>Catering activities for outside organisations etc | ==—S256 |<br>Sale of postcards and other cards etc<br>Donation for use of grounds for car parking<br>Charges for advertisements in ‘The Net' & Donations<br>1c: Income from Investments<br>1d: Church Activities j | |<br>Use of churches and halls by Christian organisations<br>Fees - weddings, funerals etc<br>Tansfers from other funds for administration, printing, etc.<br>Fund raising - church functions ae =|(469 | Skee<br>Coffee bar income<br>2. EXPENDITURE nn<br>| a eeoo<br>2a: Church Activities |<br>Missionary and charitable giving<br>Ministry costs: Diocesan Common Fund<br>Clergy & Reader expenses<br>Church running: Upkeep of Services<br>heat, light, water<br>insurance<br>maintenance of churches & halls<br>The Net - costs<br>Printing, postage and stationery<br>Bank and financial system charges ico) §=—S 1,061 |<br>Salaries: organists<br>cleaners<br>Independent Examiner's fees<br>Tansfers to 0 - 5s to clear defcit. ae )=—S 431 |  Seeaeeer ss<br>Administrator's salary, & Payroll costs<br>2b Raising Funds | |<br>Stewardship envelopes etc eo 6=—t—‘K-#C*d<br>Catering Functions for outside organisations | ==—S 88 |<br>Production of video, cost of cards etc a =€=3=63S—Stsé~™F omer ees]<br>Costs of church functions |  . | iiiiZirya as cae<br>Coffee Bar Costs<br>TOTAL EXPENDITURE<br>SURPLUS (DEFICIT)<br>NB: These figures all omit the re-valuation of our shares on the 31st December each year. In 2022 for example,<br>they went down in value by £2739, with a further loss in 2023 of £1091.<br>**----- End of picture text -----**<br>


37 



## 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 2023 which are set out on the attached page numbered 39. 

## 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: 

1. 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 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. 

James Bick FCA Chartered Accountant 18A Littleham Road Exmouth EX8 2QG 

Date 1 March 2024 

38 



## The Glebe House Trust Fund - Exmouth Accounts for the year ended 31st December 2023 

: 


**----- Start of picture text -----**<br>
|||||||||
|---|---|---|---|---|---|---|---|
|2023|2022|
|a)|General|Account|-|Revenue|aad|if.|£|
|Income|
|Interest|and|Dividends|
|Expenditure|.|
|Repairs|&|Maintenance|to|Clergy|Houses|&|Gardens|
|IT|Equipment|
|Grant to the|Churchyard|re|Wall|(2022:|Digger)|
|Cost|of Independent|Examination|
|Excess|of|Expenditure|over|Income|
|Balance|1st|January|2023|
|Balance|31st|December 2023|
|b)|Capital|Account|
|Balance|ist|January|2023|
|less:|Unrealised|loss|on|investments|
|Balance 31st December|2023|||_._ 59,502 ||
|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|2023|Price|
|2718.911|M&G|Charifund|Units|
|16985.46|CBF Property Units|P__ 59,502|||

**----- End of picture text -----**<br>


## Notes to the Accounts: 

1. This is a Trust in the name of the 'Vicar and Churchwardens' set up in August 1973, originally £11,000. It is totally separate from the PCC. The Capital is held by the Diocesan Board of Finance. Special conditions apply: whilst the main intent is to help maintain clergy houses, other uses are also permitted. 

2. The General Account receives the investment and other income, which is available for disbursement The Capital Account ( except the increase in value ) cannot be touched without reference to the Bishop of Exeter. 

## R.J. SOUTTER FCIB - Clerk to the Glebe House Trust 

39 



## Littleham cum Exmouth Endowed Charities Accounts for the year ended 31st December 2023 

2023 2022 

Non Nobis Domine Account (Created by the Reverend James Boucher of Budleigh Salterton in 1885 - for 'apprentices'). 


**----- Start of picture text -----**<br>
||||||
|---|---|---|---|---|
|Income|
|Interest|received|
|Unknown|Donations|ms|
|Expenditure|F|
|Trainees’|lunches|etc||469)|
|Laptop Computer|is|
|@|
|Total|Expenditure|eae||
|Excess|of Expenditure|over Income|||-494|
|Add:|Balance|1st|January|2023|
|Balance|31st|December|2023|

**----- End of picture text -----**<br>



**----- Start of picture text -----**<br>
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|The|Capital|of|this|charity|is|invested|with|'COIF|Charity|Funds’|
|and|at|the|29th|December 2023|had|the|following|valuation:|
|£.|£|
|Non|Nobis|Domine|474|units @|1984.50p|(2022:|1815p)|9407|8603|
|9407|8603|

**----- End of picture text -----**<br>


There is a balance at TSB Bank at 31st December 2023 of: 

R.J. SOUTTER Clerk to the Trustees 

40