# 



## 

## 

## 

||||
|---|---|---|
|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<br>2020<br> <br>Ê|funds<br>2020<br>I|2020<br>f€|funds<br>2019||funds<br>2019<br>Ê|2019<br>f|
|lncomefrom:|||||||||
|Donations andlegacies2<br>Charitableactivities<br>3<br>lnvestments<br>4||151,698<br>36,865<br>375|21,265<br>77|172,963<br>36,865<br>452|76,822<br>25,654<br>346||1,506<br>431|78,328<br>25,654<br>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||<br>1,191|136,738|
|Netgains/(losses)on|||||||||
|investments|l0|165|544|709|372||1,202|1,574|
|Netincoming/|||||||||
|(outgoing)resources<br>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|||
|C¿¿ñ&Jsu.-"^||||||
|C OPSansom||||||
|Trustee||||||





## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
||funds|funds||funds|funds||
||2020<br>f|2020<br>Ê|2020<br>Ê|2019<br>Ê|2019<br>e|2019<br>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<br>:|172,963|76,822<br>:|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<br>2020<br>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<br>2020<br>2019<br>[Ê|
|Grants to institutions||
|Other|432<br>1,834|



## 

## 

|2020|2019|
|---|---|
|Number|Number|
||2|





## 

## 

|l0|Netgains/(losses)on|investments||||||
|---|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|||funds|funds||funds|funds||
|||2020<br>Ê|2020<br>t|2020<br>Ê|2019I|2019<br>e|2019<br>Ê|
||Revaluationof|||||||
||investments|165|544<br>:|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<br>IJanuary2019<br>Ê|Incoming<br>fesoutces<br>â|ResourcesTransfersRevaluations,Balanceat<br>expended<br>gainsandlJanuary2O20<br>losses<br>ÊâsÊ|||||lncoming<br>fesources<br>Ê|ResourcesTransfers<br>expended<br>âÊÊs||Revaluations,<br>gainsand31<br>losses|Balanceat<br>December<br>2O2O|
|ColytonPCC|13,565||||||13,565|||(13,565)|||
|ChoirBursary<br>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<br>ChildrensFund|2,803|497|(638)|<br>(1,716)|||946||(358)|||588|
|Music fund||||||||20,625||||20,625|
||47,297|1,s37|<br>(1,191)|(1,510)|:|1,202|47,735<br>:|21,342|(418)<br>:|(13,565)|544|55,638<br>:|





## 

## 



## 

## 

|17|Analysis ofnetassets|betweenfunds||||||
|---|---|---|---|---|---|---|---|
|||UnrestrictedRestricted<br>funds<br>funds<br>2020<br>2020<br>ÊÊ||TotalUnrestricted<br>funds<br>2020<br>2019<br>Êr||Restricted<br>funds<br>2019<br>e|Total<br>2019<br>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|
||||||||:|