| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | lo | 7 | |
| Independent Examiner's |
Report | |||
| Statement ofFinancial | Activities | |||
| Balance Sheet | 10 | |||
| Notes to the Financial Statements | 11 | to | 18 |
| Beacon | Keith Cobbledick | (to 01/11/2022) |
|---|---|---|
| Donald Harris (to |
01/11/2022) | |
| Bradworthy | Clive Smale | |
| Bridgerule | Sheila Cholwill | |
| Mark Shears | ||
| Buda | Carol Short (to 13/03/2023) | |
| Annette Cole |
||
| Jane Bailey (from | 15/06/2023) | |
| Stephen George Jose (from 13/03/2023) | ||
| Chilsworthy | Karen Shepherd | |
| Ruth Bealing (to | 16/08/2023) | |
| Holsworthy | Hilary Vivian | |
| Elizabeth Squire |
(to 21/06/2023) | |
| Catherine Paddon |
(from 21/06/2023 | |
| Kilkhampton | Reg Hambley | |
| Mike Metherell | ||
| Marhamchurch | Elizabeth Bray |
|
| Mary Bromell | ||
| Morwenstow | Valerie Tape (to 23/03/2023) | |
| Jenny Vanstone | ||
| Charles (John) Cleave (from 23/03/2023) | ||
| Whitstone | Mervyn Uglow |
|
| Godfrey Cole |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | Total | ||
| Notes | funds f |
funds f |
fund F |
funds f |
fundsf | |
| INCOME AND ENDOWMENTS | ||||||
| FROM | ||||||
| Donations and legacies |
4,554 | 13,041 | 17,595 | 18,955 | ||
| Charitable activities |
||||||
| Grants and donations | 1,500 | 100 | 1,600 | 4,800 | ||
| Capital receipts Assessments on churches |
108,600 155,894 |
108,600 155,894 |
251,311 168,489 |
|||
| Investment income |
2 | 26,368 | 2,207 | 28,575 | 3,549 | |
| Other income | 5,558 | 5,558 | ||||
| Total | 302,474 | 15,348 | 317,822 | 444,884 | ||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| Grants and donations | 215,032 | 215,032 | 15,120 | |||
| Salaries and associated costs | 132,820 | 132,820 | 140,138 | |||
| Property maintenance District assessment and levy Depreciation Other costs |
92,574 52,519 466 21,481 |
9,106 32 |
101,680 52,519 466 21,513 |
27,850 36,839 312 56,714 |
||
| Loss on sale offixed assets | 30,168 | 30,168 | ||||
| Total | 545,060 | 9,138 | 554,198 | 276,973 | ||
| Net gains/(losses) on investments |
(17,557) | (35) | (17,592) | 25,465 | ||
| NET INCOME/(EXPENDITURE) | (260,143) | 6,210 | (35) | (253,968) | 193,378 | |
| Transfers between funds |
10 | (8) | 8 | |||
| Net movement in funds |
(260,151) | 6,210 | (27) | (253,968) | 193,376 | |
| RECONCILIATION OF FUNDS |
||||||
| Total funds brought forward |
2,596,822 | 62,235 | 11,807 | 2,670,864 | 2,477,488 | |
| TOTAL FUNDS CARRIED | ||||||
| FORWARD | 2,336,671 | 68,445 | 11,780 | 2,416,896 | 2,670,864 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Unrestdicted | Restricted | Endowment | Total | Total | ||
| Notes | funds | funds f |
fund F |
funds f |
fundsf | |
| FIXEDASSETS | ||||||
| Tangible assets | 945,163 | 945,163 | 1,264,669 | |||
| Investments | ||||||
| Investments | 1,134 | 858 | 1,992 | 2,074 | ||
| Investment property |
564,600 | 564,600 | 872,747 | |||
| 1,510,897 | 858 | 1,511,755 | 2,139,400 | |||
| CURRENT ASSETS | ||||||
| Debtors | 35,649 | 35,649 | 17,074 | |||
| Cash at bank and in hand | 954,559 | 69,398 | 10,922 | 1,034,879 | 553,906 | |
| 990,208 | 69,398 | 10,922 | 1,070,528 | 570,980 | ||
| CREDITORS | ||||||
| Amounts falling due within one |
||||||
| year | 9 | (164,434) | (953) | (165,387) | (39,606) | |
| NET CURRENT ASSETS | 825,774 | 68,445 | 10,922 | 905,141 | 531,374 | |
| TOTAL ASSETS LESS | ||||||
| CURRENT LIABILITIES | 2,336,671 | 68,445 | 11,780 | 2,416,896 | 2,670,864 | |
| NET ASSETS | 2,336,671 | 68,445 | 11,780 | 2,416,896 | 2,670,854 | |
| FUNDS | 10 | |||||
| Unrestricted funds |
2,336,671 | 2,596,822 | ||||
| Restricted funds | 68,445 | 62,235 | ||||
| Endowment funds |
11,780 | 11,807 | ||||
| TOTAL FUNDS | 2,416,896 | 2,670,864 |
| INVESTMENT INCOME | ||
|---|---|---|
| 2023f | 2022f | |
| Rents received | 876 | 1,369 |
| Dividends | 61 | 76 |
| Deposit account interest | 27,638 | 2,104 |
| 28,575 | 3,549 |
| 31 August | 2022. | p | y g |
year en |
|
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Trustee's expenses | reimbursed | 8,938 | 14,166 | ||
| Number of | Trustees | 2 | 6 | ||
| Expenses payments | relate mainly to travel | and other out ofpocket expenses. | |||
| STAFF COSTS | |||||
| 2023 | 2022 | ||||
| 6 | |||||
| Wages and | salaries | 132,820 | 140,138 | ||
| 132,820 | 140,138 | ||||
| The average | monthly | number ofemployees | during the year was as follows: | ||
| 2023 | 2022 | ||||
| Average number ofemployees | 5 | 5 |
| TANGIBLE FIXEDASSETS | |||
|---|---|---|---|
| Freehold | Plant and | ||
| property | machinery | Totals | |
| 6 | |||
| COST | |||
| At 1 September 2022 | 1,264,443 | 3,604 | 1,268,047 |
| Additions | 960 | 960 | |
| Disposals | (320,000) | (320,000) | |
| At 31 August 2023 | 944,443 | 4,564 | 949,007 |
| DEPRECIATION | |||
| At 1 September 2022 | 3,378 | 3,378 | |
| Charge for year | 466 | 466 | |
| At 31 August 2023 | 3,844 | 3,844 | |
| NET BOOK VALUE | |||
| At 31August 2023 | 944,443 | 720 | 945,163 |
| At 31August 2022 | 1,264,443 | 226 | 1,264,669 |
| Unlisted | |||
|---|---|---|---|
| investments | |||
| 6 | |||
| MARKET VALUE | |||
| At 1 September 2022 | 2,074 | ||
| Revaluations | (82) | ||
| At 31August 2023 | 1,992 | ||
| NET BOOK VALUE | |||
| At 31 August 2023 | 1,992 | ||
| At 31 August 2022 | 2,074 | ||
| There were no investment | assets outside the UK, | ||
| Cost or valuation at 31 August 2023 is represented |
by: | ||
| Unlisted | |||
| investments | |||
| f | |||
| Valuation in 2023 |
1,992 | ||
| INVESTMENT PROPERTY | |||
| FAIR VALUE | |||
| At 1 September 2022 | 872,747 | ||
| Additions | 108,600 | ||
| Disposals | (416,747) | ||
| At 31August 2023 | 564,600 | ||
| NET BOOK VALUE | |||
| At 31 August 2023 | 564,600 | ||
| At 31 August 2022 | 872,747 |
| DEBTORS:AMOUNT | S |
FALLING DUE | WITHIN ONE YEAR | |||
|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||
| f | ||||||
| Arrears ofcircuit assessments | 6,130 | 3,065 | ||||
| Other debtors | 6,831 | 6,424 | ||||
| Loan | 18,000 | 2,476 | ||||
| Prepayments | 4,688 | 5,109 | ||||
| 35,649 | 17,074 | |||||
| CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||||
| 2023 | 2022 | |||||
| 8 | 6 | |||||
| Assessments received |
in | advance | 30,155 | 29,437 | ||
| Trade creditors | 135,232 | 10,169 | ||||
| 165,387 | 39,606 | |||||
| MOVEMENT IN FUNDS |
||||||
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1.9.22 | in funds | funds | 31.8.23 | |||
| E | E | 8 | 8 | |||
| Unrestricted funds |
||||||
| General fund | 2,210,434 | (73,470) | (562,353) | 1,574,611 | ||
| Circuit Model Trust Fund (Unrestricted) | 361,990 | (108,079) | 496,345 | 750,256 | ||
| Menses Fund | 15,782 | (18,662) | 9,000 | 6,120 | ||
| Outreach Fund |
5,466 | (60,042) | 57,000 | 2,424 | ||
| Removals Fund |
3,150 | 110 | 3,260 | |||
| 2,596,822 | (260,143) | (8) | 2,336,671 | |||
| Restricted funds | ||||||
| Benevolent Fund |
1,261 | 1,305 | ||||
| Titson Graveyard | 5,822 | (1,386) | 4,436 | |||
| Lans Graveyard | 8,641 | (15) | 8,626 | |||
| Woodacott Graveyard | 3,807 | 126 | 3,933 | |||
| Bangors Graveyard | 8,774 | (28) | 8,746 | |||
| Ashwater Graveyard |
19,258 | (5,397) | 13,861 | |||
| Launcells Graveyard |
14,052 | 228 | 14,280 | |||
| Hartland Graveyard |
11,260 | 11,260 | ||||
| Beacon Graveyard | 1,000 | 1,000 | ||||
| Trust Accounts | 378 | 378 | ||||
| Other | 620 | 620 | ||||
| 62,235 | 6,210 | 68,445 | ||||
| Endowment funds |
||||||
| Endowment Fund |
11,807 | (35) | 11,780 | |||
| TOTAL FUNDS | 2,670,864 | (253,968) | 2,416,896 |
| MOVEMENT IN FUNDS - contin |
ued | ued | ||||
|---|---|---|---|---|---|---|
| Net movement in funds, included |
in the above are as follows: | |||||
| Incoming | Resources | Gains | and | Movement | ||
| resources 6 |
expended f |
losses 6 |
in funds f |
|||
| Unrestricted funds |
||||||
| General fund | 278,077 | (334,037) | (17,510) | (73,470) | ||
| Circuit Model Trust Fund (Unrestricted) | 23,398 | (131,430) | (47) | (108,079) | ||
| Menses Fund | 149 | (18,811) | (18,662) | |||
| Outreach Fund |
740 | (60,782) | (60,042) | |||
| Removals Fund |
110 | 110 | ||||
| 302,474 | (545,060) | (17,557) | (260,143) | |||
| Restricted funds | ||||||
| Benevolent Fund |
44 | |||||
| Titson Graveyard | 194 | (1,580) | (1,386) | |||
| Lans Graveyard | 405 | (420) | (15) | |||
| Woodacott Graveyard | 126 | 126 | ||||
| Bangors Graveyard | 272 | (300) | (28) | |||
| Ashwater Graveyard |
456 | (5,853) | (5,397) | |||
| Launcells Graveyard |
1,023 | (795) | 228 | |||
| Hartland Graveyard |
11,418 | (158) | 11,260 | |||
| Beacon Graveyard | 1,000 | 1,000 | ||||
| Trust Accounts | 410 | (32) | 378 | |||
| 15,348 | (9,138) | 6,210 | ||||
| Endowment funds |
||||||
| Endowment Fund |
(35) | (35) | ||||
| TOTAL FUNDS | 317,822 | (554,198) | (17,592) | (253,968) |
| Comparatives for move |
ment in funds |
|||||
|---|---|---|---|---|---|---|
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1.9.21 F |
in funds 8 |
funds 6 |
31.8.22 f |
|||
| Unrestricted funds |
||||||
| General fund |
2,291,122 | 220,804 | (301,492) | 2,210,434 | ||
| Circuit Model Trust Fund | (Unrestricted) | 97,224 | (1,126) | 265,892 | 361,990 | |
| Menses Fund | 13,790 | (28,608) | 30,600 | 15,782 | ||
| Outreach Fund |
7,068 | (5,603) | 4,000 | 5,466 | ||
| Removals Fund |
2,139 | 11 | 1,000 | 3,150 | ||
| 2,411,343 | 185,478 | 2,596,822 | ||||
| Restricted funds | ||||||
| Benevolent Fund |
1,256 | 5 | 1,261 | |||
| Titson Graveyard | 5,791 | 31 | 5,822 | |||
| Lane Graveyard | 6,432 | 2,210 | 8,641 | |||
| Woodacott Graveyard | 3,792 | 15 | 3,807 | |||
| Bangors Graveyard | 8,286 | 465 | 23 | 8,774 | ||
| Ashwater Graveyard |
18,983 | 275 | 19,258 | |||
| Launcells Graveyard |
13,653 | 399 | 14,052 | |||
| Other | 620 | 620 | ||||
| 58,193 | 4,020 | 23 | 62,235 | |||
| Endowment funds |
||||||
| Endowment Fund |
7,952 | 3,878 | (23) | 11,807 | ||
| TOTALFUNDS | 2,477,488 | 193,376 | 2,670,864 | |||
| Comparative net movement |
in funds, included | in the above are as follows: | ||||
| Incoming | Resources | Gains | and | Movement | ||
| resources f |
expended F |
losses 6 |
in funds 6 |
|||
| Unrestricted funds |
||||||
| General fund | 432,839 | (237,593) | 25,558 | 220,804 | ||
| Circuit Model Trust Fund (Unrestricted) | 1,661 | (2,708) | (79) | (1,126) | ||
| Menses Fund | 732 | (29,340) | (28,608) | |||
| Outreach Fund |
17 | (5,620) | (5,603) | |||
| Removals Fund |
11 | 11 | ||||
| 435,260 | (275,261) | 25,479 | 185,478 | |||
| Restricted funds | ||||||
| Benevolent Fund |
5 | 5 | ||||
| Titson Graveyard | 281 | (250) | 31 | |||
| Lane Graveyard | 3,139 | (929) | 2,210 | |||
| Woodacott Graveyard | 15 | 15 | ||||
| Bangors Graveyard | 465 | 465 | ||||
| Ashwater Graveyard |
275 | 275 | ||||
| Launcells Graveyard |
903 | (504) | 399 | |||
| Other | 620 | 620 | ||||
| 5,703 | (1,683) | 4,020 | ||||
| Endowment funds |
||||||
| Endowment Fund |
3,921 | (29) | (14) | 3,878 | ||
| TOTAL FUNDS | 444,884 | (276, 997733) | 25,465 | 193,376 |