2022-12-31-accounts

REGISTERED CHARITY NUMBER: 1129094

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

FOR

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ASHBURTON WITH BUCKLAND-IN-THE-MOOR AND BICKINGTON

Barretts

Chartered Accountants & Chartered Tax Advisers

22 Union Street Newton Abbot Devon TQ12 2JS

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ASHBURTON WITH BUCKLAND-IN-THE-MOOR AND BICKINGTON

CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 December 2022

		Page
Report of the Trustees	1	to	4
Independent Examiner's Report		5
Statement of Financial Activities		6
Balance Sheet	7	to	8
Notes to the Financial Statements	9	to	14
Detailed Statement of Financial Activities		15

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ASHBURTON WITH BUCKLAND-IN-THE-MOOR AND BICKINGTON

REPORT OF THE TRUSTEES

for the Year Ended 31 December 2022

The trustees present their report with the financial statements of the charity for the year ended 31 December 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

The Parochial Church Council (P.C.C.) has the responsibility of co-operating with the Team Rector, the Rt Revd , Dr Mark Rylands, in promoting the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. The P.C.C. is also specifically responsible for the maintenance of the church building and the church hall.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ASHBURTON WITH BUCKLAND-IN-THE-MOOR AND BICKINGTON

REPORT OF THE TRUSTEES

for the Year Ended 31 December 2022

OBJECTIVES AND ACTIVITIES

Objectives and aims

St. Andrew's PCC has the responsibility with the Team Rector and Team Vicars within the Ashburton and Moorland Team Benefice, in promoting in the ecclesiastical parish, the whole missions of the Church, pastoral, evangelistic, social and ecumenical. The PCC is also specifically responsible for the maintenance of the Church.

The PCC is committed to enabling as many people as possible to worship at our Churches within the parish of Ashburton with Buckland-in-the-Moor and Bickington and to become part of the parish community. The PCC maintains an overview of worship throughout the parish, and our services and worship put faith into practice through prayer and scripture, music and sacrament.

When planning our activities for the year, the Priest-in-Charge and the PCC have considered the Charity Commission's guideline on public benefit and, in particular, the specific guidance on charities for the advancement of religion. In particular, we try to enable ordinary people to live out their faith as part of the parish community through: " Worship and prayer " The provision of pastoral care

" Outreach to the wider community

To facilitate this work it is important that the fabric of the three churches is maintained.

St. Andrew's PCC and the respective D.C.C. have the responsibility of co-operating with the Team Rector in promoting the whole mission of the Church, pastoral, evangelistic, social and ecumenical in the parishes of Ashburton, Buckland-in-the-Moor and Bickington, and the Ashburton and Moorland Team Ministry. It also has the maintenance responsibilities for the Church of St. Andrew's, Ashburton, St Peters Church Buckland-in-the-Moor and St Mary the Virgin, Bickington.Devon.

The PCC affirms the vision set out by Bishop Robert in his keynote address to the Diocesan Synod in March 2016 for the Diocese of Exeter (full details can be found at http://exeter.anglican.org/who-we-are/vision-strategy/), and seeks to promote and apply them at a local level, namely:

'I know the plans I have for you, says the Lord, plans for your welfare and not for harm, to give you a future with hope.' Jeremiah 29.11

We seek to be people who together are:

Growing in Prayer

We want to grow in prayer, living a life close to God. This means taking risks as we become more honest with ourselves and more honest with God. Prayer opens up deep places within us to God's grace which is why it is such a life-giving activity. Growing in prayer is essential if we are to witness to God's Kingdom and become the people God has called us to be.

Making New Disciples

A disciple is someone who follows Jesus Christ. With him as our companion and guide we can travel through life differently, and we hope others will share the adventure with us. We want to be more faithful in our discipleship and allow God to shape our priorities and values. The Christian gospel is good news and we need to find new ways of telling the story, of explaining the faith and giving a reason for the hope that is in us.

Serving the People of Devon with Joy

We want to make a difference in the world and witness to God's love and justice, especially in the communities and schools where we live. Working in partnership with others who are transforming lives, we seek to address the global issues confronting our generation so that everyone may flourish.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ASHBURTON WITH BUCKLAND-IN-THE-MOOR AND BICKINGTON

REPORT OF THE TRUSTEES

for the Year Ended 31 December 2022

OBJECTIVES AND ACTIVITIES

Public benefit

The trustees are aware of the Charity Commission's guidance on public benefit in "The Advancement of Religion for the Public Benefit" and have regard to it in their administration of the church's work in the Parish. The PCC believes that, by fulfilling their responsibility to work together with the incumbent in the Parish and co-operate in all matters of concern and importance for the promotion of the whole mission of the Church, pastoral, evangelistic, social and ecumenical, it provides a benefit to the public by:

Providing resources and facilities for public worship, pastoral care and spiritual, moral and intellectual development, both for its members and anyone who wishes to benefit from what the Church offers;

Promoting Christian values, and service by members of the Church in the Parish to the community, to the benefit of individuals and society as a whole.

FINANCIAL REVIEW

Reserves policy

It is the policy of St. Andrew's PCC to hold in reserve the equivalent of three months general running costs, and additional funds to cover administration and organist fees for one month. The reserves in the short term may fall below the stated aims, although the PCC are committed to increasing them to the desired level. The income from the permanent fabric endowment fund will be used to meet anticipated costs to the planned maintenance of the building arising from the Quinquennial Inspection undertaken in 2018, and if applicable to provide additional support to some unforeseen repairs if funds are available. The policy will be reviewed on an annual basis.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The PCC is a corporate body established by the Church of England and operates under the Parochial Church Councils Power Measure. The PCC is a registered charity.

The method of appointment of PCC members is set out in the Church Representation Rules.

Though PCC members are responsible for making decisions on all matters of general concern and importance to the parish, including deciding how the funds of the PCC are to be spent, many decisions are delegated to the PCC standing committee which is comprised of the Priest-in-Charge, the Church Wardens, the Treasurer, Two Lay Representatives and the Secretary. Any decisions made by this committee are reported to and sanctioned by the next subsequent full meeting of the PCC.

Website address: www.moorlandteam.org.uk

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1129094

Principal address

West Street Ashburton Newton Abbot Devon TQ13 7DT

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ASHBURTON WITH BUCKLAND-IN-THE-MOOR AND BICKINGTON

REPORT OF THE TRUSTEES

for the Year Ended 31 December 2022

Trustees

Rt Rev Dr M Rylands - Team Rector Rev'd G Fenton - Team Vicar Ms H Lewis - Mission & Family Development Worker Rev Canon J Bennett (appointed 13.7.22) W West -Deanery & Diocesan Synod Mrs E Nutley - PCC member Mrs J Ashton - Deanery Synod Mrs E A Wood - PCC member Mrs R West - PCC member Mrs B Dunball - PCC member B Lewis - PCC member Mrs J Lewis - PCC member F Parffrey - Churchwarden Mrs S Palk - Deputy Warden Buckland-in-the-Moor (resigned 1.4.22) Mrs V Pascoe (appointed 1.4.22) P Warren - Deputy Warden, Bickington N Axford - Deputy warden Ms C Cotter - PCC member (resigned 1.4.22) Mrs J Histed - PCC member G Histed - PCC member (resigned 1.4.22) M Hext Deputy Churchwarden, Bickington (appointed 1.4.22) M J Lowrey Churchwarden (appointed 1.4.22)

At the year end there were a number of vacant posts - PCC members (3 vacancies).

Independent Examiner

Ian Barrett Barretts Chartered Accountants & Chartered Tax Advisers 22 Union Street Newton Abbot Devon TQ12 2JS

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

........................................................................ Rt Rev Dr M Rylands - Trustee

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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ASHBURTON WITH

BUCKLAND-IN-THE-MOOR AND BICKINGTON

Independent examiner's report to the trustees of The Parochial Church Council of the Ecclesiastical Parish of Ashburton with Buckland-in-the-Moor and Bickington

I report to the charity trustees on my examination of the accounts of The Parochial Church Council of the Ecclesiastical Parish of Ashburton with Buckland-in-the-Moor and Bickington (the Trust) for the year ended 31 December 2022.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Ian Barrett

Barretts Chartered Accountants & Chartered Tax Advisers 22 Union Street Newton Abbot Devon TQ12 2JS

Date: .............................................

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ASHBURTON WITH BUCKLAND-IN-THE-MOOR AND BICKINGTON

STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 December 2022

Notes INCOME AND ENDOWMENTS FROM Donations and legacies Other trading activities 2 Investment income 3 Total EXPENDITURE ON Charitable activities 4 Mission Charitable activities Total Net gains/(losses) on investments NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD	Unrestricted funds £ 70,811 21,788 3,955 96,554 952 100,658 101,610 (6,128) (11,184) 99,453 88,269	Restricted funds £ - - - - - - - (7,869) (7,869) 100,549 92,680	Endowment fund £ - - 19,044 19,044 - - - (82,859) (63,815) 905,491 841,676	2022 Total funds £ 70,811 21,788 22,999 115,598 952 100,658 101,610 (96,856) (82,868) 1,105,493 1,022,625	2021 Total funds £ 83,684
					12,041
					21,087
					116,812
					593
					118,893
					119,486
					103,994 101,320
					1,004,173
					1,105,493

The notes form part of these financial statements

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ASHBURTON WITH BUCKLAND-IN-THE-MOOR AND BICKINGTON

BALANCE SHEET

31 December 2022

Notes FIXED ASSETS Tangible assets 6 Investments 7 CURRENT ASSETS Cash at bank and in hand CREDITORS Amounts falling due within one year 8 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS	Unrestricted funds £ - 46,163 46,163 42,946 (840) 42,106 88,269 88,269	Restricted funds £ - 60,045 60,045 32,635 - 32,635 92,680 92,680	Endowment fund £ 175,000 624,165 799,165 42,511 - 42,511 841,676 841,676	2022 Total funds £ 175,000 730,373 905,373 118,092 (840) 117,252 1,022,625 1,022,625	2021 Total funds £ 175,000 827,230
					1,002,230
					104,463 (1,200) 103,263 1,105,493
					1,105,493

The notes form part of these financial statements

continued...

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ASHBURTON WITH BUCKLAND-IN-THE-MOOR AND BICKINGTON

BALANCE SHEET - continued

31 December 2022

FUNDS 9 Unrestricted funds: Ashburton Buckland Bickington Restricted funds: Ashburton Buckland Bickington Endowment funds: Abell Bequest Ashburton TOTAL FUNDS	69,192 14,212 4,865 88,269 49,220 27,749 15,711 92,680 841,676 1,022,625	83,805 11,719 3,929 99,453 55,754 28,563 16,232 100,549 905,491 1,105,493

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:

............................................. W West - Trustee

............................................. M Rylands - Trustee

The notes form part of these financial statements

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ASHBURTON WITH BUCKLAND-IN-THE-MOOR AND BICKINGTON

for the Year Ended 31 December 2022

NOTES TO THE FINANCIAL STATEMENTS

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 25% on reducing balance

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Endowment funds are funds, the capital of which must be retained either permanently or at the PCC's discretion; the income from the endowment is to be used either as restricted or unrestricted income funds depending upon the purpose for which the endowment was established in the first place.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

continued...

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ASHBURTON WITH BUCKLAND-IN-THE-MOOR AND BICKINGTON

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2022

2. OTHER TRADING ACTIVITIES

Fundraising events Church hall lettings etc Parish magazine sales Fees for weddings & funerals 3. INVESTMENT INCOME Dividends & interest 4. CHARITABLE ACTIVITIES COSTS Mission Charitable activities	2022 £ 1,002 9,517 2,227 9,042 21,788 2022 £ 22,999		2021
			£
			520 2,985 727 7,809
			12,041
			2021
			£
			21,087
		Direct Costs £ 952 100,658 101,610

5. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2022 nor for the year ended 31 December 2021.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021.

6. TANGIBLE FIXED ASSETS

TANGIBLE FIXED ASSETS
COST At 1 January 2022 and 31 December 2022 DEPRECIATION At 1 January 2022 and 31 December 2022 NET BOOK VALUE At 31 December 2022 At 31 December 2021	Freehold property £ 175,000 - 175,000	Plant and machinery £ 11,720 11,720 -	Totals £ 186,720 11,720 175,000
	175,000	-	175,000

continued...

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ASHBURTON WITH BUCKLAND-IN-THE-MOOR AND BICKINGTON

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2022

7. FIXED ASSET INVESTMENTS

FIXED ASSET INVESTMENTS
	Listed
	investments
	£
MARKET VALUE
At 1 January 2022	827,231
Revaluations	(96,858)
At 31 December 2022	730,373
NET BOOK VALUE
At 31 December 2022	730,373
At 31 December 2021	827,231
There were no investment assets outside the UK.
Cost or valuation at 31 December 2022 is represented by:
	Listed
	investments
	£
Valuation in 2022	730,373

The Diocese of Exeter held the following CBF Investment Funds at the year end, which belong to the parish, as follows: Ashburton - £719,548 Buckland - £6,132 Bickington - £4,694

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other creditors	2022 £ 840	2021 £
		1,200

The year end creditors consist of £840 for accounts and Independent Examination, (2021 £1,200 for accounts and bookkeeping).

continued...

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ASHBURTON WITH BUCKLAND-IN-THE-MOOR AND BICKINGTON

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2022

9. MOVEMENT IN FUNDS

Unrestricted funds Ashburton Buckland Bickington Restricted funds Ashburton Buckland Bickington Endowment funds Abell Bequest Ashburton TOTAL FUNDS Net movement in funds, included in the above are as Unrestricted funds Ashburton Buckland Bickington Restricted funds Ashburton Buckland Bickington Endowment funds Abell Bequest Ashburton TOTAL FUNDS	follows: Incoming resources £ 73,179 13,215 10,160 96,554 - - - - 19,044 115,598	At 1.1.22 £ 83,805 11,719 3,929 99,453 55,754 28,563 16,232 100,549 905,491 1,105,493 Resources expended £ (81,664) (10,722) (9,224) (101,610) - - - - - (101,610)		Net movement in funds £ (14,613) 2,493 936 (11,184) (6,534) (814) (521) (7,869) (63,815) (82,868) Gains and losses £ (6,128) - - (6,128) (6,534) (814) (521) (7,869) (82,859) (96,856)	At 31.12.22 £ 69,192 14,212 4,865 88,269 49,220 27,749 15,711 92,680 841,676 1,022,625 Movement in funds £ (14,613) 2,493 936 (11,184) (6,534) (814) (521) (7,869) (63,815) (82,868)

continued...

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ASHBURTON WITH BUCKLAND-IN-THE-MOOR AND BICKINGTON

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2022

9. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds Ashburton Buckland Bickington Restricted funds Ashburton Buckland Bickington Endowment funds Abell Bequest Ashburton TOTAL FUNDS	At 1.1.21 £ 70,564 13,211 6,563 90,338 48,745 25,880 15,576 90,201 823,634 1,004,173	Net movement in funds £ (11,759) (1,492) (2,634) (15,885) 7,009 2,683 656 10,348 106,857 101,320	Transfers between funds £ 25,000 - - 25,000 - - - - (25,000) -	At 31.12.21 £ 83,805 11,719 3,929
				99,453 55,754 28,563 16,232
				100,549 905,491
				1,105,493

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds Ashburton Buckland Bickington Restricted funds Ashburton Buckland Bickington Endowment funds Abell Bequest Ashburton TOTAL FUNDS	Incoming resources £ 79,191 7,942 5,094 92,227 - 6,610 - 6,610 17,975 116,812	Resources expended £ (97,524) (9,434) (7,728) (114,686) - (4,800) - (4,800) - (119,486)	Gains and Movement losses in funds £ £ 6,574 (11,759) - (1,492) - (2,634) 6,574 (15,885) 7,009 7,009 873 2,683 656 656 8,538 10,348 88,882 106,857 103,994 101,320	Gains and Movement losses in funds £ £ 6,574 (11,759) - (1,492) - (2,634) 6,574 (15,885) 7,009 7,009 873 2,683 656 656 8,538 10,348 88,882 106,857 103,994 101,320
				(15,885) 7,009 2,683 656
				10,348 106,857
				101,320

Restricted funds consist of the following: Ashburton - Messy church and Flower Fund Buckland - repairs Bickington - repairs

Endowment Fund - Abell Bequest

continued...

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ASHBURTON WITH BUCKLAND-IN-THE-MOOR AND BICKINGTON

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2022

9. MOVEMENT IN FUNDS - continued

This fund consists of the residue from Marjorie Abell's will of 2002. The PCC cannot spend the capital (except for the running costs of the trust), it can only spend the income.

10. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2022.

11. INDEPENDENT EXAMINATION

The fee for the Independent Examination is £500 plus vat (2020 £500 plus vat) and is included in the sundries figure on the detailed SOFA.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ASHBURTON WITH BUCKLAND-IN-THE-MOOR AND BICKINGTON

DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 December 2022

INCOME AND ENDOWMENTS Donations and legacies Planned giving (gift aid) Tax on gift aid Planned giving (non gift aid) Collections at services Gift days and sundry donations VAT reclaim Grants & legacies Sundry income Other trading activities Fundraising events Church hall lettings etc Parish magazine sales Fees for weddings & funerals Investment income Dividends & interest Total incoming resources EXPENDITURE Charitable activities Home missions, church socs etc Diocesan payments Church running expenses Church maintenance Upkeep of services Upkeep of churchyard Hall running expenses Major repairs to church Administrator & organist Sundries Assistant staff costs Total resources expended Net income/(expenditure)	2022 £ 37,201 6,825 780 10,368 8,947 1,372 3,804 1,514 70,811 1,002 9,517 2,227 9,042 21,788 22,999 115,598 1,355 33,961 38,113 8,683 1,952 6,064 6,942 - 1,150 3,390 - 101,610 101,610 13,988	2021 £ 38,441 12,288 3,978 9,413 10,267 - 6,367 2,930 83,684 520 2,985 727 7,809 12,041 21,087 116,812 1,446 31,739 38,426 10,613 1,670 6,829 5,590 14,658 1,327 2,188 5,000 119,486 119,486 (2,674)

This page does not form part of the statutory financial statements

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