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2021-12-31-accounts

			Page
Report ofthe Trustees		1	to	4
Independent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet		7	to	8
Notes to the Financial	Statements	9	to	14
Detailed Statement ofFinancial Activities			15

for the Year Ended 31	December	2021
						2021	2020
			Unrestricted	Restricted	Bndowmeut	Total	Total
			funds	funds	fund	funds	funds
		Notes	f.		f.		8
INCOME AND
ENDOWMENTS FROM
Donations and legacies			77,084	6,600		83,684	74,542
Other trading activities		2	12,041			12,041	11,212
Investmeut income		3	3,102	10	17,975	21,087	20,536
Total			92/27	6,610	17/75	116,812	106/90
EXPENDITURE ON
Charitable activities
Mission			593			593
Charitable activities			114,093	4,800		118,893	112463
Total			114,686	4,800		119,486	112,263
Net gains on investments			6474	8,538	88,882	103,994	46,716
NET
INCOME/(EXPENDITURE)			(15,885)	10@48	106,857	1015320	40,743
Transfers between funds		9	25,000		(25,000)
Net movement in funds			9,115	10@48	81,857	101,320	40,743
RECONCILIATION	OF
FUNDS
Total funds brought forward			90/38	90,201	823,634	1,004,173	963,430
TOTAL FUNDS CARRIED
FORWARD			99,453	100449	905,491	1,105,493	1,004,173

					2021	2020
		Unrestricted	Restricted	Endowment	Total	Total
		funds	funds	fund	funds	funds
	Notes			6
FIXEDASSETS
Tangible assets				175,000	175,000	175,000
Investments		52/92	67rt14	707,024	827,230	723,238
		52,292	67+14	882,024	1,002430	898,238
CURRENT ASSETS
Cash at bank and in hand		48361	32,635	23,467	104,463	107,135
CREDITORS
Amounts falling due within one
year	8	(1400)			(1400)	(1,200)
NET CURRENT ASSETS		47,161	32,635	23,467	103463	105,935
TOTAL ASSETSLESS
CURRENT LIABILITIES		99,453	100449	9059491	I 105493	I 004 173
NET ASSETS		99,453	100,549	905,491	1,105,493	1,004,173

FUNDS
Unrestricted	funds;
Ashburton		83,805	70,564
Buckland		11,719	13,211
Bickington		3,929	6,563
		99,453	90,338
Restricted funds:
Ashburton		55,754	48,745
Buckland		28,563	25,880
Bickington		16,232	15,576
		100,549	90,201
Endowment	funds:
Abell Bequest Ashburton		905,491	823,634
TOTAL FUNDS		1&105,493	1,004,173

					2021	2020
	Fundraising	events			520	250
	Bookstall					396
	Church hall	lettings		etc	2,985	2,798
	Parish magazine		sales		727	2,329
	Fees for weddings			&funerals	7,809	5,439
					12&041	11,212
3.	INVESTMENT		INCOME
					2021	2020
	Dividends	&interest			21,087	20,536
4.	CHARITABLE		AC~S COSTS
						Direct
						Costs
	Mission					593
	Charitable	activities				118,893
						119,486

TANGIBLE FIXEDASSETS
	Freehold	Plant and
	property	machinery	Totals
COST
At I January 2021 and 31 December 2021	175,000	11,720	186,720
DEPRECIATION
At I January 2021 and 31December 2021		11,720	11,720
NET BOOK VALUE
At 31December 2021	175,000		175,000
At 31 December 2020	175,000		175,000

				Listed
				investments
MARKET VALUE
At I January 2021				723,238
Revaluations				103,992
At 31December	2021			827,230
NET BOOK VALUE
At 31December	2021			827,230
At 31December	2020			723/38
There were no investment		assets outside the UK.
Cost or valuation	at 31December 2021 is represented		by:

2021	2020
8	f,
1,200	1,200

MOVEMENT	IN FUNDS
			Net	Transfers
			movement	between	At
		At I.l.21	in funds	funds	31.12.21
		f,		f,
Unrestricted	funds
Ashburton		70,564	(11,759)	25,000	83,805
Buckland		13,211	(1,492)		11,719
Bickington		6,563	(2,634)		3,929
		90,338	(15,885)	25,000	99,453
Restricted funds
Ashburton		48,745	7,009		55,754
Buckland		25,880	2,683		28,563
Bickington		15,576	656		16/32
		90,201	10348		100449
Endowment	funds
Abell Bequest Ashburton		8239634	106,857	(25,000)	905,491
TOTAL FUNDS		1,004,173	101,320		1,105,493
Net movement	in funds, included	in the above are as follows:
		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
				f.	f,
Unrestricted	funds
Ashburton		79,191	(97424)	6,574	(11,759)
Buckland		7@42	(9,434)		(1,492)
Bickington		5,094	(7,728)		(2,634)
		92,227	(114,686)	6,574	(15,885)
Restricted funds
Ashburton				7,009	7,009
Buckland		6,610	(4,800)	873	2,683
Bickington				656	656
		6,610	(4,800)	8/38	10/48
Endowment	funds
Abell Bequest Ashburton		17,975		88,882	106,857
TOTAL FUNDS		116,812	(119,486)	103@94	101,320

			Net	Transfers
			movement	between	At
		At 1.1.20	in funds	funds	31.12.20
		f.	f,	g
Unrestricted	funds
Ashburton		44,574	(18,778)	44,768	70,564
Buckland		12,107	1,104		13,211
Bickington		9,444	(2,881)		6,563
		66,125	(20,555)	44,768	90,338
Restricted funds
Ashburton		45,596	3,149		48,745
Buckland		25,404	476		25,880
Bickington		15,265	311		15,576
		86,265	3,936		90401
Endowment	funds
Abell Bequest	Ashburton	811,040	57,362	(44,768)	823,634
TOTAL FUNDS		963,430	40,743		1,004,173

			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
				f.
Unrestricted		funds
Ashburton			80,105	(101,836)	2,953	(18,778)
Buckland			7,375	(6,271)		1,104
Bickington			1,275	(4,156)		(2,881)
			88,755	(112,263)	2,953	(20,555)
Restricted	funds
Ashburton					3,149	3,149
Buckland			84		392	476
Bickington			16		295	311
			100		3,836	3,936
Endowment		funds
Abell Bequest Ashburton			17,435		39,927	57,362
TOTAL FUNDS			106,290	(112,263)	46,716	40,743

DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31December 2021
	2021	2020
		f,
INCOME AND ENDOWMENTS
Donations and legacies
Planned giving (gift aid)	38,441	39,637
Tax on gift aid	12,288	7,729
Plaoned giving (non gift aid)	3P78	1,837
Collections at services	9,413	4,461
Gift days and sundry donations	10,267	8,050
VAT reclaim		182
Grants &legacies	6,367	10,822
Sundry income	2,930	1,824
	83,684	74,542
Other trading activities
Fundraising events	520	250
Bookstall		396
Church hall lettings etc	2,985	2,798
Parish magazine sales	727	2,329
Fees for weddings &funerals	7,809	5,439
	12,041	11,212
Investment income
Dividends &interest	21,087	20,536
Total incoming resources	116,812	106,290
Charitable acBvitfes
Home missions, church socs etc	1,446	491
Diocesan payments	31,739	30,393
Church running expenses	38,426	24,935
Church maintenance	10,613	1,246
Upkeep ofservices	1,670	1,068
Upkeep ofchurchyard	6,S29	17,336
Hall running expenses	5490	9,340
Major repairs to church	14,658	1,622
Administrator &organist	1/27	12,490
Sundries	2,188	1,342
Assistant staff costs	5,000	12,000
	119,486	112/63
Totalresources expended	119,486	112,263
Net expenditure	(2,674)	(5,973)