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2020-12-31-accounts

Trustees ASansom
P JAmbler
SHPither
C OPSansom
V Mills
DJFouracre
JVHoare
DY Franklin
JDayment
TJWhite
Revd Dr SMartin
FDunster
MKing
CKing
SSelby
M Bremridge
JDauncey (Appointed1October 2020)
R Griffin (Appointed1October 2020)
NLawton (AppointedIOctober 2020)
FWatton (Appointed1October 2020)
Treasurer A Sansom
Charitynumber 1129067
Principal address ChurchOffice,
Sunday SchoolBuilding
MarketPlace
Colyton
Devon
EX24 6JS
lndependentexaminer MrJLCoombsMA(Cantab)FCA
Simpkins EdwardsLLP
Michael House
Castle Street
Exeter
Devon
EX4 3LQ
Bankers Lloyds TSB
Trinity Square
Axminster
Devon
EX13 sAL

Page
Trustees'report 1-3
lndependent examiner's report 4
Statementoffinancial activities 5
Balance sheet o
Notes to the financial statements 7-17

Unrestricted Unrestricted Restricted TotalUnrestricted TotalUnrestricted Restricted Restricted Total
Notes funds
2020

Ê
funds
2020
I
2020
f€
funds
2019
funds
2019
Ê
2019
f
lncomefrom:
Donations andlegacies2
Charitableactivities
3
lnvestments
4
151,698
36,865
375
21,265
77
172,963
36,865
452
76,822
25,654
346
1,506
431
78,328
25,654
777
Total income 188,938 21,342 210,280 102,822 1,937 104,759
Exoenditure on:
Charitable activities 5 163,341 418 163,759 122,942 1,191 124,133
Other 6 11,535 11,535 12,605 12,605
Total resources
expended 174,876 418 175,294 135,547
1,191
136,738
Netgains/(losses)on
investments l0 165 544 709 372 1,202 1,574
Netincoming/
(outgoing)resources
beforetransfers
14,227 21,468 3s,695 (32,353) 1,948 (30,405)
Gross transfers
between funds 13,565(13,565) 1,510 (1,510)
Netmovement infunds 27,792 7,903 35,695 (30,843) 438 (30,405)
Fund balancesat1
January2020 392,417 47,735 440,152 423,260 47,297 470,557
Fund balancesat3l
December2020 420,209 55,638 475,847 392,417 47,735 440,152

2020 2019
Notes f Ê I Ê
Fixedassets
Tangible assets 11 8,100 9,450
lnvestmentproperties 12 365,336 365,336
lnvestments 13 10,842 10,133
384,278 384,919
Current assets
Debtors 14 1,010 2,508
Cash atbankand in hand 117,441 66,599
1',t8,45"1 69,107
Creditors: amountsfallingduewithin
oneyear 15 (26,882) (13,874)
Netcurrentassets 91,569 55,233
Totalassets less currentliabilities 475,847 440,152
lncomefunds
Restrictedfunds 55,638 47,735
'16 55,638 47,735
Unrestrictedfunds 420,209 392,417
475,847 44A152
:
Thefinancialstatementswereapprovedbythe {t 4ptzozl
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C OPSansom
Trustee

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2020
f
2020
Ê
2020
Ê
2019
Ê
2019
e
2019
e
Donations and gifts 72,321 80 72,401 448 1,506 1,954
Legacies receivable 20,560 20,560 6,210 6,210
Planned giving 38,747 38,747 36,526 36,526
Collections and other
giving 22,958 22,958 21,882 21,882
Other 17,672 62; 18,297 11,756 11,756
151,698 21,265
:
172,963 76,822
:
1,506 78,328

Charitable Charitable lncome
lncome
2020 2019
Ê
Magazine/bookstall 2,533 7,715
Events 393 3,641
Parochial fees 3,123 4,749
Church office printing 461 1,362
The Lantern charityshop 12,065 3,317
Charitable rental income 5,040 4,870
Grant income 13,250
36,865 25,654

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2020 2020 2020 2019 2019 2019
â Ê Ê Ê t Ê
lncome fromlisted
investments 375 375 346 346
lncome from unlisted
investments 77 77 431 431
375 77 452 346 431 777

CharitableCharitable CharitableCharitable
Expend itureExpenditure
2020
2019
ft
Depreciation and impairment 1,350 1,350
Diocesan CommonFund 44,547 59,691
Church running expenses 12,496 14,625
Church utilities 6,360 12,901
Clergy and reader expenses 2,121 3,871
Cost of services 6,074 8,165
Repairs to church property 77,726 7,842
Salaries and support costs 5,530 8,920
Training and children's activities 5,008 5,661
Miscellaneous expenditure 713 675
161,925 123,701
Grant funding of activities (see note7) 1,834 432
163,759 124j33
Analysisbyfund
Unrestricted funds 163,341 122,942
Restricted funds 418 1,191
163,759 124,133

Unrestricted Total
funds
2020 2019
Administration 5,725 9,269
Fundraising expenses 4,000 2,076
Professional fees 1,810 1,260
11,535 12,605

CharitableCharitable
ExpenditureExpenditure
2020
2019
Grants to institutions
Other 432
1,834

2020 2019
Number Number
2

l0 Netgains/(losses)on investments
Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2020
Ê
2020
t
2020
Ê
2019I 2019
e
2019
Ê
Revaluationof
investments 165 544
:
709 372 1,202 1,574
11 Tangiblefixedassets
Plantand equipment
Ê
Gost
At1 January2020 13,500
At31December2020 13,500
Depreciation andimpairment
At1January 2020 4,050
Depreciation chargedinthe year 1,350
At31December2O2O 5,400
Garryingamount
At31December2O2O 8,100
At31December2019 9,450
:
12 Investmentproperty
2020
t
Fairvalue
At1January 2020and31December2020 365,336

Listed
investments
Ê
Cost orvaluation
AtIJanuary 2020 10,133
Valuation changes 709
At31December202O 10,842
Carryingamount
At 31December2020 10,842
At31December2019 10,133

Debtors
2020 2019
Amounts fallingduewithinoneyear: I f
Other debtors 1,010 2,508
:
Creditors:amountsfallingduewithinoneyear
2020 2019
Ê t
Other creditors 4,547 4,882
Accruals and deferred income 22,335 8,992
26,882 13,874
:

The income fund softhe charity i nclude restrict ed funds comprising the foll ed funds comprising the foll owin g unexp ended balan cesofdonati ons and grantsheld ontru ons and grantsheld ontru stforspecificpu rposes:
Movement infunds Movement infunds
Balanceat
IJanuary2019
Ê
Incoming
fesoutces
â
ResourcesTransfersRevaluations,Balanceat
expended
gainsandlJanuary2O20
losses
ÊâsÊ
lncoming
fesources
Ê
ResourcesTransfers
expended
âÊÊs
Revaluations,
gainsand31
losses
Balanceat
December
2O2O
ColytonPCC 13,565 13,565 (13,565)
ChoirBursary
fund
17,580 1,268 (553) (54) 1,202 19,443 uo: (60) 544 20,567
Organ fund 12,975 97 13,072 13,072
CharityofJames
How 374 75 260 709 77 786
Mission
Community
ChildrensFund
2,803 497 (638)
(1,716)
946 (358) 588
Music fund 20,625 20,625
47,297 1,s37
(1,191)
(1,510) : 1,202 47,735
:
21,342 (418)
:
(13,565) 544 55,638
:

17 Analysis ofnetassets betweenfunds
UnrestrictedRestricted
funds
funds
2020
2020
ÊÊ
TotalUnrestricted
funds
2020
2019
Êr
Restricted
funds
2019
e
Total
2019
Ê
Fund balances at31
December 2020 are
representedby:
Tangibleassets 8,100 8,100 9,450 9,450
lnvestment properties 365,336 365,336 365,336 365,336
lnvestments (5,548) 8,195 10,842 2,482 7,651 10,133
Current assets/
(liabilities) 44,126 47,443 91,569 15j49 40,084 55,233
412,014 55,638 475,847 392,41747,735 440,152
: