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 DaUn￿Y
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
Indo￿ndent 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
stat￿Ment 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 t*en prepar&l in acujrdance the ac(x￿MI￿j polic48s set in note 1 tt) the
finanaal statements arKI rAyn￿Y ￿th thartys govemiw d(xunen( the Chantiès Ad 2011 and 'Accounting
and Reporbng by Charities." Statement of Recomrrended Practi￿ app￿"[￿t￿e 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 CoMme￿￿a 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
M￿has15 Chapel of Ease, Cotyford and the w0￿rt￿S 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 invO￿e the many groups that live wi¢hin our parish. Our servi￿$ and
worship put tsth into prath.￿ Ihrough prayer aNJ $￿PbJr￿. MUS￿ aThJ sacrament
hen planning acbwb.es for the year, %¥e ￿ cons¥Jared publc berEfft and ha¥e tr￿j to anab18 peorAe to INe
out t￿'r f81th through..
. Worship & prayer. leaming about gosFel and deveh¥)ing kn¢)￿￿tye through St￿￿Y
Prowsion of pastoral care
Mission & outreath work
To f8altiate this work rt i8 imFKJrtant that we mairtsin the ofth• buikJiThJs ￿ a￿ reSr#)ns1b￿ for and
plans fortheir fubjre.
Thè PCC have Wmpl￿d wth Iheir duty in sedth 1715) of Ihe 2011 Chaiibts Act to have due regard to
Charty Commission guid8nc2 wth ward to put4ic benefil
2022 was Ih8 firBI fvll year fdlmng thg GOV1￿19 crists. when th8 thurdw and their assooated aL*vth8s were
not rèstricted in any way. The Rèctor & PCC have hard to mov8 fo￿ pos￿"¥ely.
MpJnbers of the PCC srt on both the Howrd Miwon c￿m￿nIty Cour￿[ and thg Honiton D88n8ry Synod. This
pmvides the PCC with an itnpDrtant link t￿Pen patsh afKJ th8 w￿18[ stru0￿re$ 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
th￿r￿me 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 datal￿d 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 nv*ty 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 fina￿al 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 Ou￿eY
Srnth
AAnthony-Eth48rds
(ResKJn&l 27 April 20221
IResNJngJ 27 Apnl 20221
{ResvJne(127Apn'l 2022}
{R&swj￿ 27 April 20221
{Re$KJ￿1 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￿$. AJI mwnbers ofthè
u)rrfJregatK)n are encoura3ed to register on ts E￿1 Rol aThJ stAThJ e￿n to Ihe PCC.
The PCC m8rnbers arè respor¢sible fDr making deasK)ns on all matters of general ¢1>￿M and Importan￿ to the
parish induding d￿dIng on the fvnds ofthe PCC are to te swt The fiJll PCC rnet six ts"m8s during the
year and has a good level of attendanc*. Grven ts WKle ￿p0￿&bIl￿e$ ￿ 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. ach￿Vements 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 co￿Tate IPCC PvAWS Measure 1956, Churth Representation
Rules 20201 and a charity IReg15trab'on numiEr 1129Xn.
PCC Members as at 31 DecAmt*r 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 uA*r sec￿L￿ S olthe Safeguarding and C18rgy Discip￿"ne Measure 2016
(duty to have regard lo House ol Bishops. guts￿e on satsJuardiryJ thikjren aThY Vul￿rab￿ 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 D8￿mber 2022.
ReBponslbllttitis and basls of report
As the trustees of the charity you are ￿p￿lS1)LO tr th8 W8P8r8b"on of Ilk8 fina￿al 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 (21T￿d out tjnder sedK)n 145 of the
2011 Act In carrying out my exarnination I hève Ioknw￿l dl the aFpIKable Dirert#)ns given by the Charity
Comrnission under seGbon 145ISMbl ofthe 2011 Act
Independent exarnIn￿$ slatement
Your attent￿n Is drawn to the fad that the tharity has prBpar*J frnanryal statements in a(wrdar¢e with
Accountin9 and ReporbtvJ by CharTties pr8p8ring Iheir accounts In a￿r￿an￿ 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 apprO￿d by Ihg TnBlees on 17 May 2￿23
C O P Sansorn
Tru8ts0
Revd Dr S Marbn
Tr￿tea

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
CO￿rats IPCC P(y*Ve￿ Measur8 1W. Churc* Rewesentsbon Ru￿S 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 Bt￿fft Enbty as deffined by FRS I￿2.
The th8rty has taken advantage of pio*iwons in lh8 SORP for chatth85 8twlying FRS 102 Update
Bulbtin 1 not to pr8pare a Statement of Cash Flows.
The finanual ststements a￿ pr￿pa￿ in sterfiThJ. thè luiKaional of the chanty. Monelxry
amounts in these financial statements are rourn1￿1 to the nearest
financaal Statem￿ he￿ been prep8red urthr the histori¢* Lwt Crjn¥enb.￿, modified to indLtd
inve3Trnt propettss and ￿rta"n finanoal ins1n￿ents at fair value. Thè pri￿1)a1 a￿OUntIng policEs adopted
are set out below.
1.2 Golng eone•rn
At the tim& of a6¥)roviryJ the financial stÈl8m8nts. the ha¥e a rea￿nab￿ eXFectsb'on that the tharity
has ad4uate resou￿$ to contnue in ￿Tati￿al 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 re￿1¥8￿ or generated for the objects of
the ch8rrty. WTthc*Jt 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 resoU￿e$
In￿)rne is recognisèd the tharty is enlrtkd to atsr any perforn￿n￿ 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￿ Cond￿On$ wuire deferral of the amount Incomtt tsx reeoverable in
relation to donations received under GfftAMY or d*Js 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 IM￿nding di8tribution.
the arnount is known. and racapt is ey￿kn￿. 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 dec*rical rtems. toys. books and SMal￿r 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 poll￿88
{Continuedl
Interest is awued. Ml (thr incomè is reoJgni5gJ r￿NaL*. irKt17)irKJ resourc8s ar8 accounted for
1.5 Resour￿ exp•nded
Resourits exFen¢Yed are Induded in thè Stat￿errt of FinanL7al AC￿￿￿&$ on an acctuals basis, indusive ol
any VAT bvhi¢h iannot ￿ recovered. expenditure has LWJ dassrf*d under headiryjs that aggregat& all
costs rejatsd to that rate￿ry.
The Diocesan Common Fund is accoun￿ for when AM other ewdtyre is genet3￿ reoJgnis8d when
it is incurred and K% 8c¥)}un￿l for grw.
1.6 Tangible fix•d a88ets
Tangible fixe(l a￿ts a￿ inthty meowred at crot and sub8equenlty meaSUr￿j 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 fol1tr￿TrJ 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 st*ments In atrXXXdan￿ Mlh s.W2l1a￿f
the CharitssAct 2011.
Moveable churth fumishings hekj by the Redor aThJ thurchwardens on speaal trust for the PCC and whi(
uire a fa￿lty for disposal arè in*Enabk 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 Sth*quentJy
it is rneasured at frdir value atthe reporb.ng end date. The sU￿lUS or d8fiat M revaluation is recognised In net
Incom￿{eXpend￿UreI for the ye8r.
1.8 FIx4d asset Investments
Fixed asset investments are inthlly measvred at transac*"on pri(* exduding tr8ngaction costs. and are
$ubsequ8lltty rneasured at fair value at each rep)rbng date. Char*Jes in fair value are recognis8d in net
incoM&ll8x￿nd1bJreI forthe year. Tr8n$acb"L￿ costs are exp•159a as w￿r[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￿ sf*t whgn th8 Charity t4comes paty to the
contrathJ81 prowsions ol the instrum8nL
Finanoal assets arml li8￿"1￿5 are offsel with the net ￿ounts presente(l in the finants81 statements, when
there is a legally ènforcethe nght to s8t off U)e recogni*J amounts and there i8 an interntion to sett18 on a
net basis or to realise the asset and setue the liabilty s*nLdtaneOu￿y.
Baslc fina￿]￿1 asstyts
Basic finanrial assets, which irKa*Ye debtOW5 aThJ cash and bank balanc*g. a￿ inibalfy m8a8ured
transactw)n pri￿ incJL5dir4J transac*on eosts aThJ are subwuenty &8rrEed at amortised c05t Using the
efkctive interest methcd unless the arrarwJement constiiutes a financ4ng transaction. where the transac*on is
measured at the present valu8 of the ful￿re re¢￿pts diso)untal * a rnarket rate of Interest Financial assets
dassrfied as re￿1Vab￿ wrthin yearare not 8morb"sed.
B8¥ic finaneialliabllltlés
Basic finanrial liabdities. indLKliro c¥editor5 aTrJ bank loans are in￿"allY rwnised at transac*on price un
thè arrangement rx)nstitutes a ffinanang trartsaL*on. wtr*re the debt instrumetlt is measured at the present
value ol the ftrture payments discounted at a market rate of interest Finantsal babil￿eS dassified as payablè
wrthin one year are not amortwl.
Debt instrwnents a￿ subwuth car￿j atamorti5ed cos( ugng the eff8C*"￿ interest rata method.
Trade Cr￿ltOrS aro oblvJations to ￿ for goods or seMLW that have been acqui￿ in the ordinary course ol
opèrab'ons from suppliers. Amounts payab￿ are das$th￿l as ￿[rent [￿bIlIbeS il payment is due within ore
y88r or less. If no( they are p￿Sent￿ as non-(>Jrrent liabilths. Trade credrtor5 8re recrjgnisod In￿.￿lY at
transaction prKe and Subseq￿ty measu￿1 at amortsed t05t usirvJ the alf8cti¥e interest meth¢)d.
Dere¢ognltloft of finanelal liabililies
Financial liabilth.es are deracogni*J WI￿￿ the tharrtls ojrttrathal l*J￿3all0rts 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 re￿1vable
Planned giwng
Cd*tions 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 c*8rty 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 thiba￿n'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 STATEmE￿rs (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 Ta￿atiOn0fchargèab1e GainsAd 1W2 to the extent that th8se are appl￿ lo it8 Chantab￿ objects.
12 Tangibl• frxod assgls
Plant and ￿u[p￿ent
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 Dec￿l￿r 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
De￿mber 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 c￿ditorS
Accru81g and deferred income
53,163
43.319
44,248
21,799
,482
66,047
14-

ry)
offjo
JoTr-￿)

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 An￿y$l$ of net ass•ts ￿tW￿n 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_