Charlty regtstration numbor 1129067 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW, COLYfoN. DEVON ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW, COLYTON, DEVON LEGALAND ADMINISTRATIVE INFORMATION Trust•o8 A Sansom C O P Sansom V Mills TJMthite Revd Dr S Martin M Br8mriiJge J DaUnY H Long W M Brooks N Brown J Hoaro M Ousley H Smith AAnthony-Eth4ards (Appointed 27 April 20221 (Appointsd 27 April 20221 IAppointed 27 April 20221 (Appointed 27 April 20221 (Appointed 27 April 20221 Tr8a8urer A Sansom CharSty numbar 1129C67 Princlpal address Church Office, Sunday School Building Market P18ce Colyton Devon EX24 6JS Indondent examlner Mr J L Coombs MA IC8ntsbl FCA Simpkins Edwards LLP Michael Housg Casu& Stre8t Exeter Devon EX4 3LQ Bank•rs Lloyds 8ank Tiinity Square Axminster Devon EX135AL CAF Bank Ltd 25 ng$ HJI Avenue Kings Hill West Malling ME19 4JQ
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW, COLYTON, DEVON LEGAL AND ADMINISTRATIVE INFORMATION Investment advlsor CCLA Inveslment Management Limited Senatsor House 85 Queen Vthna Street London EC4V 4ET
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW, COLYTON, DEVON CONTENTS Page Trustees. report Indepèndent examinotrs report statMent of financial acb¥ilps Bal8nce sheet Notes to the finanL?81 statements 7-16
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW, COLYTON. DEVON TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 The trustees prèsent their annual reFOJrt and financial ststements forthe yaar arbjed 31 December 2022. Th& finandal staternents haw ten prepar&l in acujrdance the ac(xMIj polic48s set in note 1 tt) the finanaal statements arKI rAynY th thartys govemiw d(xunen( the Chantiès Ad 2011 and 'Accounting and Reporbng by Charities." Statement of Recomrrended Practi app"[te to tharitEs preparing their alxounts in accordance wth tha Finanaal Reportsng Standard applicsbl8 In the UK and Republic of Ireland IFRS 1021. la$ amended for acLountsng periods CoMmea frcffi l January 2016) Objoctives and actfviti•# Tha Partschial Church Counal of the EttleskasticAI Parish of St Andre44. CcAyton Devon (Cown Parochial Churth Council) has the responsibilrty of rrnperabt Ihe incurntent the Reverend Dr Stev8n Marbn. in promoting thè 8cclesiastKal pan5h. the mtssion of the Church. pastoral, evangelisb'c. so¢Nql and ecurnenul. The PCC Is also sp8afic81ty responsib for the maintenanc8 of St Andrews Church. Colyton, St Mhas15 Chapel of Ease, Cotyford and the w0rtS known as Tysons. and the Sunday School Building. &nce 2019 the PCC h8V8 abo rented a rBtail ouuet in C(Ayton in (xder to run a chanty shop. known as Lantem. Thè PCC is commrtte(l tr> ¢n)ling as many Fe0 as possible to worship in our thar(ths ajyj to t¢)me part of both our parish and the Hotyford MissK)n Comrnunty. Tho PCC maintsins an overview oftt)Is worship arKI makes suggestions on how our servitss can invOe the many groups that live wi¢hin our parish. Our servi$ and worship put tsth into prath. Ihrough prayer aNJ $PbJr. MUS aThJ sacrament hen planning acbwb.es for the year, %¥e cons¥Jared publc berEfft and ha¥e trj to anab18 peorAe to INe out t'r f81th through.. . Worship & prayer. leaming about gosFel and deveh¥)ing kn¢)tye through StY Prowsion of pastoral care Mission & outreath work To f8altiate this work rt i8 imFKJrtant that we mairtsin the ofth• buikJiThJs a reSr#)ns1b for and plans fortheir fubjre. Thè PCC have Wmpld wth Iheir duty in sedth 1715) of Ihe 2011 Chaiibts Act to have due regard to Charty Commission guid8nc2 wth ward to put4ic benefil 2022 was Ih8 firBI fvll year fdlmng thg GOV119 crists. when th8 thurdw and their assooated aLvth8s were not rèstricted in any way. The Rèctor & PCC have hard to mov8 fo pos"¥ely. MpJnbers of the PCC srt on both the Howrd Miwon cmnIty Cour[ and thg Honiton D88n8ry Synod. This pmvides the PCC with an itnpDrtant link tPen patsh afKJ th8 w18[ stru0re$ ol tr thurc. Th8 PCC also supports thè VE5ion and strategy of the Exeter Dicmxe. seek to bè pttop18 who together are 9rwng in prayer, making new disupks and seNTrJ the peotAe of Devon with joy. We would like to tha all thè volunteers so hard to m*e churcl) cunmunibès bth8t 8re. in many and Va roks, indLKliro those who in The Lantem Shcy. The support tsf both the Frierkys of St Andrews an¢J Sl Mithads is also muth appreciated. PCC on 811 of ts volunteers o)ntinuing to thrme 8nd tlents in orderlo pursue all ts work. vdunteer5 are wekome. Flnancial r•vl•w Total in(x)miro resour £168.52012021." £161,519) and total resour expended were £173,631 12021.. £148,830) giwng 8 net deficrt of £5,111 12021." £12.689 surplus) before thè ravaluatorn of Investments. Full details are as datald in the finanoal ststem8nts.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW, COLYTON, DEVON TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 In respons8 to ts pwiousty noted dininLshirvJ res. the PCC in 2020 Wan 8 det2i18d miew of all its finances, which indudes thts intension to t#jIk1 reserve& the guidan of the nvty ttstsblis finan team {which now inclu¢J8s a paid bookkeeper) work on the inth.al findings has begun. Th& PCC is aware that for the fowth year in v4Jc4xwn rt has Lw Unat tg pay its Comrnon Fund u)ntribution in fvll. Th& shortfall now totsL% £135.35512019 £20.C(K). 2020 £45.030 2021 £45.884 8 2022 £24,441}. Risk The PCC have gwan ujnsidaration to th8 major risks to the i¥ exTK)sed ojnfimi that systems have Lwn eststAished to reduTr tt)ose risks. Structur•. gov8rnab)co and managem•nt Thè tnjstees who sewl durirKJ If year and up to the date of sKJnature ofthe finaal Stat&nts were.. A Sansom C O P S8nsom Vmil D J Fouracre J Dayrnent T J White Revd Dr S Martin F Dunster M KirwJ C King S Sèlby M Brèmridge J Dauncgy R Griffin F Watton H LorrtJ W M Brooks N Brown J Hoare M OueY Srnth AAnthony-Eth48rds (ResKJn&l 27 April 20221 IResNJngJ 27 Apnl 20221 {ResvJne(127Apn'l 2022} {R&swj 27 April 20221 {Re$KJ1 27Apn"120221 IR8swJwJ 27 Awl 20221 {Resty?r*d 27April 20221 IResvJned 27April 20221 {4)point8d 27April 20221 IAppointed 27Apnl 20221 (Appointed 27Apnl 2022) IAFwnted 27April 20221 IAFwinteAI 27 April 2tr221
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW. COLYTON, DEVON TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEAIBER 2022 The method of appointsnenl ofPCC rnern set out in the Churd) Represent"on RU$. AJI mwnbers ofthè u)rrfJregatK)n are encoura3ed to register on ts E1 Rol aThJ stAThJ en to Ihe PCC. The PCC m8rnbers arè respor¢sible fDr making deasK)ns on all matters of general ¢1>M and Importan to the parish induding ddIng on the fvnds ofthe PCC are to te swt The fiJll PCC rnet six ts"m8s during the year and has a good level of attendanc. Grven ts WKle p0&bIle$ PCC has some sub groups and comrnittees eath dealing wrth a parti(xJL8r aspect of parish Irf8. These are all resp)nsible to the PCC IPCC Membe sit on 1 ofthsml they report bad( to it wularly wjth minutes oftheir deusK)ns and recomm8ndatk)ns being receNed by the fuu PCC aThJ dis$5&Y as nwssary. A sumrnary ofthese (xxnrnittees. work. objecbve5. actiwties. achVements and perf0rnan are putrli8W as a separate dotsJm8nt and avai18btg in either 91ectronic or paper form at the bm8 of the annual meeting. StAndf8WS Chureh Comon and St Michaèb Chapel of Ease Colyford are part ofthè Dioe£se of Exèter within the Churth ol EnglarKI. The ctsrrespondence address is Tr Church Offi. SuThJay Sthool Builcling, Market Pla, Colyton, Oevon EX24 6JS. The PCC is a coTate IPCC PvAWS Measure 1956, Churth Representation Rules 20201 and a charity IReg15trab'on numiEr 1129Xn. PCC Members as at 31 DecAmtr 2022 are as follm." S Marbn, C Sansom. MG BrsmrKlge. V Mitls, T WhTte. J Dauncey. W Brooks. H Long. N Brrr•m, J Hoare, M Ousley, H Smth, AAnthony-Eth48rds & A Sanscfn. The PCC has c¥rnplièd wth tho duty uAr secL S olthe Safeguarding and C18rgy Discip"ne Measure 2016 (duty to have regard lo House ol Bishops. gutse on satsJuardiryJ thikjren aThY Vulrab 8dutsl. tntst8*8' reFX)rtwas approval by the Board ofTrL C O P Sansom Trustee Dated". 17 May 2023 Re¥d Drs Martin DatwJ."17 May 2023
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW, COLYTON, DEVON INDEPENDEFff EXAMINER'S REPORT TO THE TRUSTEES OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW, COLYTON, DEVON I report to the trustees on my examinab'on of financial staièmerts of The Parothial Church Counal of th8 Ecclesiasbral Parish of StAndrew, Colyion. Devon (the (knrityl for the year end&1 31 D8mber 2022. ReBponslbllttitis and basls of report As the trustees of the charity you are plS1)LO tr th8 W8P8r8b"on of Ilk8 finaal statements in 8cx£Jrda wth rwuirernents ofthe ChantssAc 2011 (the 2011 fvd}. I report in resped of my examinab.on ol the charity's finanoal ststements (21Td out tjnder sedK)n 145 of the 2011 Act In carrying out my exarnination I hève Ioknwl dl the aFpIKable Dirert#)ns given by the Charity Comrnission under seGbon 145ISMbl ofthe 2011 Act Independent exarnIn$ slatement Your attentn Is drawn to the fad that the tharity has prBparJ frnanryal statements in a(wrdar¢e with Accountin9 and ReporbtvJ by CharTties pr8p8ring Iheir accounts In aran vAth thè Fin8naal Reporting Standard applicxble in the UK and Republic of Ireland IFRS 1021 in preference to the Accounting and Rèporting by Charities. Staternent of R8eornmeThJed pra on 1 Aw"12005 whjth B referred b in the extant regulations but has now twn wthdrawn. l ur%YerstaThJ that this h8s been ¢Jone in (xder for finawKial slatements to provKI8 a true fair view in acCI)rdan with GeneraltyActaptsd Acaxjunling Pra(kn eltthE fv rewt"ThJ riOdS WinniTrJ on or after 1 January 2015. I have crynpJete(I my examtnailon. l o)nflrm 1hat no mattws have eorne to rny attenbon in CA)nne¢bL with the exarninakn.on gMrKJ rn8 rause to bdEve Ihat in ary Material rweL accounting records re not kept in resrEct ol ts charty as Ul[l by se(on 130 01 the 2011 Act or the finanoal ststements do not accord wrth those re[$." or the finanrial statements do not C¢¥np wrth the applicab tequitBrnents LY)nceming the form an(J content of accounts set out in the Chantses IAcu)unts and Reports) R8gulation8 2CKJ8 other than any requirement that thè accounts give a true and fair ¥iew not a matter (xjnsidered as part of an independent exarnin8ts"on. I have no Concems and have ¢e auoss no other matters in &)nnection with thè exarninab'on to which aitsntKJn should be drawn in this report in ordèrto enable a pry¥er understanding of the financial statements to be reached. Mr J L Coombs MA {Cantabl FCA for and on behaw of Simpknns Etsards LLP Michael House Casle Straet Exeter Devon EX4 3LQ Dated. 17 May 2023
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW, COLYTON, DEVON STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2022 Unrestrlctod Restrlct•d lunds fvnds 2022 2022 Total Unr•strfctsd Restricted fvnds funds 2021 2021 2022 2021 Not•6 Donations ar¥J t8gac4es Charitable activ1( Inveslrnents 13.020 103,976 109.049 51,456 109,729 51,456 334 314 238 Totsl in¢om• 154,914 13,e 168.520 180,601 918 161,519 Charitabk actMtEs 152.471 153.929 132,216 79 132.295 Other 19,702 19.702 16.535 16.535 Totsl •xpèndriure 172.173 173.631 148,751 79 148.830 Net gainslllossés) on investrnents 10 1351} 11,096) 1.4471 18,371 1,160 19.531 Net {oirtqoingVlneoming r880urces bofore trartsfèTS {17,6101 11.052 16.SS81 30,221 1.999 32,220 Nèt movement In fvnds {17.6101 11,052 16,&581 30.221 32,220 Fund baL9neas at 1 January 2022 57,637 508,C67 420,209 55,838 475,847 Fund balances at 31 December 2022 68,689 1.&)9 450,430 57,637 508,C67 The statemant Offinana athvitses incbjdes all gains losses rerryniwj in the y. l incoma and axpanditurg derr¥6 from o)nts"nuing scbvib'e
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW, COLYfoN, DEVON BALANCE SHEET AS A T31 DECEMBER 2022 2022 2021 Fixed a88ets Tangib assets Invèstment propety Investments 12 13 14 6.750 365,336 12.373 10.¥26 381.e62 384.459 Currtnt as$¥ts Debtors C88h at bank and in haThJ 15 1.132 215,197 188,719 216,329 189,655 Creditors: amounts falllng due T*lthln one year 16 I.482) 166.0471 Net current assets 119.847 123.608 Total a88•ts current Ilabiliti8S 501,509 508.067 Income lunds Restricted funds 57.637 17 68.689 432.820 57,637 450,430 Unr•slrict8d fund J1.509 508,067 The )Inancial statem8nts were apprOd by Ihg TnBlees on 17 May 223 C O P Sansorn Tru8ts0 Revd Dr S Marbn Trtea
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW, COLYTON, DEVON NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Accounting poli¢1 Charity inforniation The Parothial Churth Counryl ol the Ecdesk95tiral Parnh of St Andrav. Colyton. De i8 a wblic ben8fft antity and a registered (arrty in Engknd arKI Wa$ aThJ is unitMX)rporated. The address of the principal offi is The Chuth Offits. Sunday &ool Buildin9.. Marktrt Pla, Comon. Devon EX24 6JS. The PCC is a body COrats IPCC P(yVe Measur8 1W. Churc Rewesentsbon RuS 20171. l.q Accountlng convention The financAal statsrrtents have been prppared in ac¢x>rdan( vnth the chariws govemTng docurllent. the ch8rth.es Act 2011 and "Accounbn9 arKI Reportsr#J by Charibes. Statement of R8comrnended Practi applicable to chanties pr6paring their accounts in 8¢o)r(lanct the FinanL?81 Reporting Standard 8ppliGgble in the UK and Republic of IrelaThY IFRS 1021. las arnend for accountiThJ perKJds commenong from 1 January 20161. The chanty is a Public Btfft Enbty as deffined by FRS I2. The th8rty has taken advantage of pioiwons in lh8 SORP for chatth85 8twlying FRS 102 Update Bulbtin 1 not to pr8pare a Statement of Cash Flows. The finanual ststements a prpa in sterfiThJ. thè luiKaional of the chanty. Monelxry amounts in these financial statements are rourn11 to the nearest financaal Statem he been prep8red urthr the histori¢ Lwt Crjn¥enb., modified to indLtd inve3Trnt propettss and rta"n finanoal ins1nents at fair value. Thè pri1)a1 aOUntIng policEs adopted are set out below. 1.2 Golng eone•rn At the tim& of a6¥)roviryJ the financial stÈl8m8nts. the ha¥e a reanab eXFectsb'on that the tharity has ad4uate resou$ to contnue in Tatial e$ten for fortrs8eab future. the $teeS eontinuè to adopt going ¢¢tern basis ofaco)unb"TvJ In preparing 1he finanoal statements. 1.3 Charltsble funds Unrestricted funds are ofknros, th)nation5 and grfis aThJ 0th8r incoma re1¥8 or generated for the objects of the ch8rrty. WTthcJt further wrposes. atNJ are awdilaL4e as gerEral fund& Resthcted fvnds are subFct to yrafic by doTrJr5 as to h(w Ihey may be used. The purFtJses and uses of the restric funds are set out in the notas to thg finan(xal ststements. 1.4 Incomlng resoUe$ In)rne is recognisèd the tharty is enlrtkd to atsr any perfornn COnd.0nS have b8en MÉ( the amounts can be measured reliabty. aThJ rt is ycb8bl8 that incA)rr wil be receNed. Cash donations are r8c¥)gnised on recapt Othar donations are rwnBed On ihe charity has notified of the donation, unless performan CondOn$ wuire deferral of the amount Incomtt tsx reeoverable in relation to donations received under GfftAMY or dJs ofcovenant is recognised at th8 b'm8 ofthe donath)n. Legacges are recojniwl (x) r8cW ov otherwise rf tt iknty has been nobfiod of an IMnding di8tribution. the arnount is known. and racapt is eykn. If the amount is not kTh)wn. tne is trea 8$ ¢onts"ngent asseL The Parothi81 Church Counal ¢wates a tharity shq). The Lantem. in Marf(et Square, Colyton r8C8iwng donatsd goods IdothirrfJ, housahcld goods. srndl decrical rtems. toys. books and SMalr items of mitUre1. Donated goods are aco)unted lor in inruning resour on Sa vthen Ihe beneffl tts the PCC can b8 reasonabty quanb.fied arKI Measur$. The Laniem Is enb.rety staffe(I by ¥U¢90rs bgirvJ managed by the Par(h181 Church Counc41.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW, COLYTON, DEVON NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Accountlng poll88 {Continuedl Interest is awued. Ml (thr incomè is reoJgni5gJ rNaL. irKt17)irKJ resourc8s ar8 accounted for 1.5 Resour exp•nded Resourits exFen¢Yed are Induded in thè Staterrt of FinanL7al AC&$ on an acctuals basis, indusive ol any VAT bvhi¢h iannot recovered. expenditure has LWJ dassrfd under headiryjs that aggregat& all costs rejatsd to that ratery. The Diocesan Common Fund is accoun for when AM other ewdtyre is genet3 reoJgnis8d when it is incurred and K% 8c¥)}unl for grw. 1.6 Tangible fix•d a88ets Tangible fixe(l ats a inthty meowred at crot and sub8equenlty meaSUrj at ¢>)sL net of depwab.on and any impairrnent losses. Depreciation 15 rwnised so as to write off the cx)sl of assets kn th"r reshjual values over their useful INa8 on ts fol1trTrJ bases". Plant and equipment StrawJht lir over 10 years The gain or k)ss ari8irKJ on the dtswsal of an asset t5 d8termined a5 Ihg difference l)efyR8n the 8a pro(xeds and the carrying fdlue of the assat arKI i8 r8cc4Jni5&Y in the statanent of financJ81 activth"es. Consecrated and benefi prwrty is not inrJud&J in financaal stments In atrXXXdan Mlh s.W2l1af the CharitssAct 2011. Moveable churth fumishings hekj by the Redor aThJ thurchwardens on speaal trust for the PCC and whi( uire a falty for disposal arè inEnabk property, listed in Ihe thuKch inventory and can be nspecled lat any TrasOnab timel. The only fwl asset referr&J lo in these finaNxal statwnenL8 is the £Yyan at St MthaeL8 Chapel of Ease, ColyFDrd. 1.7 Inv•skn8nt propgrt1•# Investment property, whith i8 wc¥)erty held to eam rèntaly an(Vor for rapital appreciation. i8 inthally r8Gogni¥ed at C03t. which incjth the purthase cost aThl any alre(Y attributable 6xpanditure SthquentJy it is rneasured at frdir value atthe reporb.ng end date. The sUlUS or d8fiat M revaluation is recognised In net Incom{eXpendUreI for the ye8r. 1.8 FIx4d asset Investments Fixed asset investments are inthlly measvred at transac"on pri( exduding tr8ngaction costs. and are $ubsequ8lltty rneasured at fair value at each rep)rbng date. Char*Jes in fair value are recognis8d in net incoM&ll8xnd1bJreI forthe year. Tr8n$acb"L costs are exp•159a as wr[9d.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW, COLYfoN, DEVON NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Ac¢ountlng pollci98 {Contlnuedl 1.9 Financlal instruments The chanty has erected to appty the pro¥igc#)s of "On 11 'Basic Finanad Instruments, ajyj Ser'on 12 'Other Finanual In51Nments Issues. of FRS 102 to all of its finarKial instruments. Financial instruments are rwnised in the chan.tys balan sft whgn th8 Charity t4comes paty to the contrathJ81 prowsions ol the instrum8nL Finanoal assets arml li8"15 are offsel with the net ounts presente(l in the finants81 statements, when there is a legally ènforcethe nght to s8t off U)e recogniJ amounts and there i8 an interntion to sett18 on a net basis or to realise the asset and setue the liabilty snLdtaneOuy. Baslc fina]1 asstyts Basic finanrial assets, which irKaYe debtOW5 aThJ cash and bank balancg. a inibalfy m8a8ured transactw)n pri incJL5dir4J transacon eosts aThJ are subwuenty &8rrEed at amortised c05t Using the efkctive interest methcd unless the arrarwJement constiiutes a financ4ng transaction. where the transacon is measured at the present valu8 of the fulre re¢pts diso)untal * a rnarket rate of Interest Financial assets dassrfied as re1Vab wrthin yearare not 8morb"sed. B8¥ic finaneialliabllltlés Basic finanrial liabdities. indLKliro c¥editor5 aTrJ bank loans are in"allY rwnised at transacon price un thè arrangement rx)nstitutes a ffinanang trartsaLon. wtrre the debt instrumetlt is measured at the present value ol the ftrture payments discounted at a market rate of interest Finantsal babileS dassified as payablè wrthin one year are not amortwl. Debt instrwnents a subwuth carj atamorti5ed cos( ugng the eff8C" interest rata method. Trade CrltOrS aro oblvJations to for goods or seMLW that have been acqui in the ordinary course ol opèrab'ons from suppliers. Amounts payab are das$thl as [rent [bIlIbeS il payment is due within ore y88r or less. If no( they are pSent as non-(>Jrrent liabilths. Trade credrtor5 8re recrjgnisod In.lY at transaction prKe and Subseqty measu1 at amortsed t05t usirvJ the alf8cti¥e interest meth¢)d. Dere¢ognltloft of finanelal liabililies Financial liabilth.es are deracogniJ WI the tharrtls ojrttrathal lJ3all0rts eypire or at8 disthargad or eancelled.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW, COLYTON. DEVON NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEAIBER 2022 Donallons and legaeies Total Unrestrict•d R•8trlctgd funts funds Total lund¥ 2022 2022 2022 20 2021 2021 Donab"ons and gifts Legacies re1vable Planned giwng Cdtions and other giwng Other 10.881 10.881 13.020 51,522 30,150 7.499 30.830 7,499 38,583 13,020 51,522 16.377 12.176 16,377 12.176 20,143 12.674 20.143 12,674 13.020 103.976 109.049 109,729 Wthin aThJ Donatio is £NIL 12021.. £29.2401 receNed from 'Friends of St Andrews. is in rew of heating. lights"NJ and bell prr4ects. Charrtable actlvFties Charltsblè Charltabl Incomg Incorne 2022 2021 Ma98zinelbocksta Ev8nts Parochial fees Church offio printing The L8ntern c8rty shop Charitsble rental income Grant inwne Buildinglroom hira 7,698 5.197 5.139 711 35.154 5,800 3,720 225 6,169 2,855 5.957 502 21.226 5,850 9,097 63,644 51.456 10_
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW, COLYTON, DEVON NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Investments Total Unrestrlctsd Restricted funds Total lund 2022 2022 2022 2021 2021 2021 Income from ILsbJ invssbnonts 314 900 334 Charltable activities Charitablp Charltsble Expgnditure Exp8nditur• 2022 2021 D8pr8cizb'on and irnpairrnent Diotssan Common Fund Church runnirKJ eynsas Church utilikn.es C*y and readerexFer Cost of services R8pair5 tts churth prop8rty S8laries and 8UPPOrt costs Training and thiban'S activths Miscellaneous expendrture 1,350 72.OC4) 13.322 16,927 2.905 9.987 18.731 9.222 7,016 2,244 1.350 44.247 23.915 7,162 1.741 7.850 35,837 S.530 2,932 1,042 153,704 131,206 Grantfunding of athtbes Ise8 nole 7) 225 1,089 153.929 132.295 Analysls by fund Unrestricted ftJnd¥ Restricted funds 152,471 132,216 79 153,929 132,295 11
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW, COLYTON, DEVON NOTES TO THE FINANCIAL STATEmErs (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Unr•strleted funds Total 2022 2021 Administr*'on Fundraising expenses Professional faes 10,994 9.930 5,543 870 19,702 16,535 Grants payab haritable Charitable ExperKlithr8 Expendlture 2022 2021 Grants to insti other 225 1.089 Trusts•s None of ihe tnjstees lor any pers connected wrth them) any mUneratiOn or benefits trom th charity during the yèar. Clergy 1mbUr5ed tDr any expenditure incurred on behalf of Ihe P8rothi81 Church Couwl. Employ89¥ ayer•3e monthly numLw of employees duriNJ thè ye8rwss". 2022 Number 2021 Number There We no ernployees ¥those annual r8mun8ration was more than £60.(KM). 12_
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW, COLYTON, DEVON NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2022 10 Net galnslllo88esl on investrnents Totsl Unre8theted Restrlct•d funds funds Total fvnds fund8 2022 2022 2022 2021 2021 2021 Revaluaton of investsllents Gainlllossl on Sa of inv8Strnent prwrDes (3511 11.447) 371 1.1erf) 1,531 18.CKX) 18.IXM) 1351) (1.4471 18,371 1.160 19.531 11 Taxatlon Chanty is exempt frorn ta¥ on inrryre aThJ gains falling Tr•Athin s•Xon 505 ofthe TaxesAci 1988 or section 252 of the TaatiOn0fchargèab1e GainsAd 1W2 to the extent that th8se are appl lo it8 Chantab objects. 12 Tangibl• frxod assgls Plant and u[pent Cost At 1 January 2022 13,500 At 31 Dec8mbÈr 21722 13.500 Deprnclation and imp3inngnt At 1 January 2022 D8preriats"on charg&Y in Ite year 6,750 1.350 At 31 December2022 8.1tM) Carrylng amount At 31 Declr 2022 5,400 At 31 December 2021 6,750
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW, COLYTON, DEVON NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 13 Inv•strnent property 2022 Falrvaj At 1 January 2022 and 31 DecemLv 2022 365,336 Th8 Investrnont proFerW tskngin9 to PCC havè been indudwy at a hisioric valuation plus additions and cAJmprise.' £105,346 £259, Sunday Schcol bullding TIE invesbnent proFertBs We W valued in 2013 and the PCC dgem thts valuation correct as at 31 Dember 2022. 14 Flxgd asset invesknents Llsted Inv•stm8nts Cost or valuatlon At 1 January 2022 Valuation c*8nges 12,373 11,4471 At 31 December2tr22 10,926 Carrying amount At 31 2022 10,928 At 31 Decembèr 2021 12.373 15 Debtors 2022 2021 Amounts falling due wlthin one year. othgr debtors 1.132 936 16 Credltors: amounts falllng due wthln one year 2022 2021 Other cditorS Accru81g and deferred income 53,163 43.319 44,248 21,799 ,482 66,047 14-
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW, COLYTON, DEVON NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2022 18 Any$l$ of net ass•ts tWn funds Unle6tr1et R•strict¢d funds funds 2022 2022 Totsl Unrnstricted R•stricted fund6 fvnd8 2021 2021 Total 2022 2021 Fund balances a131 December 2022 are represented by. Tangible assets Investrnenl properb.es Investrn8nt$ Current sss 5,400 6.750 6,750 365,336 12.373 2.667 8.259 10.926 3.018 9,355 59,417 119.847 75.326 48,282 123.6ce 432,820 68.689 501,509 450.430 57.637 508.067 19 Related paity tsarwctlon$ There were no dtsdosatle relaw paty trans*K)ns durirKJ the ye8r12021- nonè). 16_