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





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|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<br>and legacies|||77,084|6,600||83,684|74,542|
|Other trading activities||2|12,041|||12,041|11,212|
|Investmeut<br>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<br>activities||||||||
|Mission|||593|||593||
|Charitable<br>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<br>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|





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||||||2021|2020|
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|Total|Total|
|||funds|funds|fund|funds|funds|
||Notes|||6|||
|FIXEDASSETS|||||||
|Tangible<br>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<br>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|





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|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|





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||||||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|



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|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|





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|||||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:||



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|2021|2020|
|---|---|
|8|f,|
|1,200|1,200|





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|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|





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||||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|





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|DETAILED STATEMENT OF FINANCIAL ACTIVITIES<br>for the Year Ended 31December 2021|||
|---|---|---|
||2021|2020|
|||f,|
|INCOME AND ENDOWMENTS|||
|Donations<br>and legacies|||
|Planned<br>giving (gift aid)|38,441|39,637|
|Tax on gift aid|12,288|7,729|
|Plaoned giving (non gift aid)|3P78|1,837|
|Collections<br>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<br>events|520|250|
|Bookstall||396|
|Church hall lettings etc|2,985|2,798|
|Parish magazine<br>sales|727|2,329|
|Fees for weddings &funerals|7,809|5,439|
||12,041|11,212|
|Investment<br>income|||
|Dividends &interest|21,087|20,536|
|Total incoming<br>resources|116,812|106,290|
|Charitable<br>acBvitfes|||
|Home missions,<br>church socs etc|1,446|491|
|Diocesan payments|31,739|30,393|
|Church running<br>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<br>expenses|5490|9,340|
|Major repairs to church|14,658|1,622|
|Administrator<br>&organist|1/27|12,490|
|Sundries|2,188|1,342|
|Assistant staff costs|5,000|12,000|
||119,486|112/63|
|Totalresources<br>expended|119,486|112,263|
|Net expenditure|(2,674)|(5,973)|