2022-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of Dawlish

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The Parish of St Gregory the Great, Dawlish, with St. George’s, Holcombe

Address for correspondence: The Vicarage, 13 West Cliff Road Dawlish, Dawlish EX7 9EB

Annual Report and Financial Statements of the Parochial Church Council

for the year ended 31[st] December 2022

Rector:

The Reverend Dallas Ayling

St. Gregory’s Bankers: St. George’s Bankers: Lloyds Bank, Teignmouth Lloyds Bank, Newton Abbot National Westminster Bank, Exeter Independent Examiner: Independent Examiner: Mr. Derrick Sheppard Mr. Andrew Watson 15 Shipley Road, Westbury-on-Trym, 4 Windward Rise, Holcombe Bristol. BS9 3HR Dawlish EX7 0PW

cofe-in-dawlish.org.uk/st-gregorys-church/ cofe-in-dawlish.org.uk/st-georges-church-holcombe

Registered Charity Number 1133187

The Parochial Church Council of St Gregory’s, Dawlish, with St. George’s, Holcombe

Annual Report for the year ended 31[st] December 2022

Aim and Purpose

St Gregory’s Parochial Church Council (the PCC) has the responsibility of cooperating with the Incumbent, the Reverend Dallas Ayling in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. As well as St. Gregory’s, which is a Grade II Listed Building, the PCC is also responsible, with the support of the District Church Council, for St. George’s, Holcombe.

Objectives and Activities

The PCC is committed to enabling as many people as possible to worship at our Churches, and to become part of our parish family. When planning our activities, the PCC has considered the Charity Commission’s guidance on public benefit, and in particular the specific guidance on charities for the advancement of religion. Our services and worship put faith into practice through prayer and scripture, music and sacrament. We try to enable ordinary people to live out their faith as part of our parish family, through:

Worship and prayer: learning about the Gospel, and developing their knowledge and trust in Jesus;
Provision of pastoral care for people living in the parish; and
Mission and outreach work.

To facilitate this work, it is vital that we maintain the fabric of both Churches.

Achievements and Performance

Worship and Prayer

The PCC is keen to offer a range of services, not only on Sundays, but also during the week, that our community will find both beneficial and spiritually fulfilling. The following services are currently offered:

	St. Gregory’s	St. George’s
1stSunday	08.00 am BCP Holy Communion	09.30 am Holy Communion
	10.00 am Gregs@10
2ndSunday	10.00 am Holy Communion	09.30 am Morning Worship
3rdSunday	10.00 am Gregs@10	09.30 am Holy Communion
4thSunday	10.00 am Holy Communion	09.30 am Morning Worship
Wednesday	10.00 am Holy Communion (said)

We have held two 5th Sunday United Benefice Services. In July the Benefice met at Holcombe Village Hall and in October at St. Mary’s Hall, Dawlish Warren. The Benefice also includes St. Mary’s Church, Cofton.

After a break the telephone service for the Benefice changed to a monthly evening service specifically designed for those who could no longer attend worship at our churches. For these services, worship supports visit the housebound and worship together.

The Music Group at St. Gregory's supports the worship for Gregs@10 which can also incorporate a Baptism, and from time to time an informal Holy Communion Service. The organist with the choir supports the worship for the service of Holy Communion. The organist also supports the worship at St. George's with others.

The use of the overhead screen at St. Gregory’s means that we have been able to be more creative in our liturgy and mixing more of the traditional and modern hymns in worship.

At present there are 131 parishioners on St. Gregory’s Electoral Roll and 54 on St. George’s Electoral Roll.

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The average Sunday attendance at:

St. Gregory’s on Sundays has been 70
St. George’s on Sundays has been 27

At St. Gregory’s there have been 6 Baptisms (5 children, 1 adult), 6 weddings and 23 funerals during the year (12 at the Church and 11 at other locations).

At St. George’s there have been 10 funerals during the year.

We have continued to provide a weekly Benefice E-newsletter, which is sent out by email or delivered by hand for those who are not on the internet. St. George’s also have weekly newsletters specifically for them. The E-Magazine known as Coastline has been taking shape and is generally published monthly.

Deanery Synod

Four members of the PCC sit on the Kenn Deanery Synod (one on behalf of St. George’s) This provides the PCC with a link with the churches around us and also with the Diocese as a whole. PCC meetings receive a report from Diocesan Synod, and a member of the church is currently serving as Treasurer for the Deanery Synod.

Church Fabric

The 2021 Quinquennial inspection report was received in April. The summary says that the Church is generally well maintained and the main action was to follow up on roof maintenance recommendations.

Asbestos was discovered around the organ blower hatch and this was removed by a specialist contractor.

West Access Conservation made a second visit to St. Gregory’s on 12th December to complete 5 days of work repairing/replacing approximately 200 slates on the 11 separate roof areas of the church. This was long overdue repair work on what is a long-lived roof covering and, as to be expected with a roof of this age, “nail rot” will continue to be a maintenance issue.

A faculty for the removal of pews from St. Gregory’s North and South transepts has been received with two conditions attached. We have 12 months in which to dispose of the pews and a similar time frame to provide the DAC with a report on how we propose to make good the exposed floor areas.

Mission and Evangelism

We have a website for the Mission Community, and this is regularly updated with news and information. There is a weekly Benefice Newsletter which goes out to those on email, and it has been hand delivered to those who are not able to attend throughout the year. Coastline offers a wider perspective of news both local and from around the world. All these publications are also available on the website for the public to read. The Christmas Tree Festival was held at St. Gregory's in December bringing together both church groups and local organisations, including local schools. The two local primary schools were able to return to St. Gregory’s for their Christmas Nativity productions. We have also provided a space at the Church gate at St. Gregory’s as a point of prayer for Ukraine.

The Rector also has a good relationship with the Town Council and has led prayers at the beginning of a full Town Council Meeting in the first part of the year. There have also been opportunities to work alongside other organisations in the town, through Helping Dawlish and Redeeming Our Communities-Dawlish, and working with Christians Together for Dawlish and District. This gave the local churches opportunities at the Carnival, the Civic Service, Remembrance Sunday, the Christmas lights turn on weekend, including a Sunday

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service on the town Bandstand. The Rector has also led prayers at other smaller events in the town working with the Town Council e.g. Merchant Navy Day.

St. Gregory’s and St. George’s celebrated the Queen’s Platinum Jubilee with exhibitions of memorabilia and a mini flower festival at St. Gregory’s. As a response to the death of Queen Elizabeth II each church had a Book of Condolence for the public to sign and the churches were open for private prayer. A Service of Thanksgiving was held at St. Gregory’s for the civic parish of Dawlish.

Other Activities

The PCC publishes for the Annual Meeting a separate document which details some of the activities associated with St. Gregory's. St. George's usually provide their own separate reports too.

This has been a year of working through the consequences of the pandemic and trying to restore confidence for the congregations.

There was a Lent Course for the whole Benefice offered in person.
One house group has continued to either meet in person or had study materials sent to them. A further house group has begun meeting and a new one has been formed.
Quiet Days have been held for the Benefice at St. George’s.
The Mothers' Union have met monthly when possible, and they have used both the Riverside Centre and St. Gregory’s for their meetings.
The Julian group has continued to meet throughout the year.
The Bellringers ring for Sunday worship. This group has grown in number.
Little Greg's, the mother and toddler group, has re-established itself.
In September we celebrated the first year of our project recycling children's clothing, and to support those who find it hard financially to clothe their children. Kid's Swap Shop has been going well.
St. George’s has now restarted the monthly Wednesday Afternoon for games and craft, providing fellowship and friendship.
Men’s breakfast has continued although it no longer meets at St. Gregory’s at the present time.
The Dawlish Coast Mission Community Forum began meeting again towards the end of the year, and met three times to re-establish itself and consider a form of Mission Action Plan.

Financial Review

St. Gregory’s

Income for 2022 was £68,977, which is lower than 2021 but was anticipated (the 2022 tax reclaim was submitted and received late in 2021). Income from fees (weddings and funerals) recovered in 2022 but there were few cash donations or gift-aid envelopes at Sunday services due to remaining concerns over virus transmission. Planned giving was fortunately sustained in 2022 and maintains an element of assurance. We had hoped to receive the 2023 income tax claim before the end of 2022 to offset some of the year’s deficit but this was not achieved. In any event the benefits of doing so were debatable.

Total payments for 2022 were £116,223. The Common Fund was completed using a substantial withdrawal from reserves, as was the payment for long-overdue roof maintenance. We also had an unanticipated bill for asbestos removal in the organ blower chamber. Our mission and charity donations were significantly higher in 2022. We give regularly to Christians Against Poverty and Redeeming Our Communities, and annually to a variety of other local and national charities, but this year we also made a sizeable donation to the ROC School’s Coordinator project.

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All in all this meant that 2022 resulted in a cash deficit of £47,246, with repairs and mission/charity donations making the deficit significantly larger than our original budget forecast and causing a sizeable dent in our reserves. This also means we have now had 3 consecutive years of deficits and quite honestly it cannot continue. Unfortunately the global finance situation has also impacted our invested reserves, although hopefully these will recover in 2023.

After inclusion of the cash funds balance brought forward at the beginning of the year, the total balance carried forward at the end of 2022 was much lower at £54,152. As more fully disclosed in the Financial Statements, this includes £40,776 in the Unrestricted General Fund, and £13,376 in the Restricted Funds.

For 2023 the Diocese has reduced our Common Fund commitment by over £5,000, reflecting the drop in regular participants, but we will have to contend with substantially increased energy costs.

Accounts preparation this year highlighted the need to consider each charity collection and donation carefully to determine how they are reflected in the accounts. For example, this year PCC donated £1,500 to Teignbridge CAP, and receipts of £1,474 for Christmas Tree Festival are included appropriately in ‘Activities for generating funds’ as ‘Gross income (Fundraising for other charities only)’.

St George’s Holcombe

At £29,471, the Church Fund income for 2022 was £706 (2.5%) higher than 2021. Planned Giving via the Parish Giving Scheme was £8,801, slightly up on the £8,724 received in 2021.

Church expenses, including payment of £21,018 to the Common Fund, was £29,776 giving a small deficit of £305. The deficit in 2021 was £197.

The payment to the Common Fund was 75% of the request. This was the amount we could afford whilst maintaining a prudent Church Fund working balance of £5,000. The Common Fund request is calculated on the basis of the number of participants (people who attend Church at least once per month). Pre the pandemic we had 50 participants but in 2022 this had fallen to 33 (66%).

Like St Gregory’s, our invested reserves have been impacted by the global financial situation and we are having to contend with significantly increased electricity costs.

Reserves Policy

The PCC has resolved to maintain, if possible, a balance on our Unrestricted General Fund. This equates to 50% of annual operating costs (excluding Common Fund payments and Special Projects) to cover emergencies, and for 2022 this was set at £14,500. As actual reserves were in excess of this, funds are available for the general use of the PCC, though the PCC reserve the right to adjust this policy if necessary. Restricted funds are available for Fabric and Youth work. It is our policy to invest any surplus funds with CCLA, through the CBF Church of England Deposit Fund, Investment Fund, and Global Equity Income Fund.

St. George’s DCC has an equivalent policy and has set its general reserve at £15,000, and a separate reserve for Building, Curtilage and Fixtures also at £15,000.

Safeguarding

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The PCC has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have regard to House of Bishops’ guidance on safeguarding children and vulnerable adults). Safeguarding is a responsibility shared by every church member and the main focus in 2022 has been to make Safeguarding training available to every church member.

In addition to Safeguarding Basic Awareness training, PCC members and leaders of groups within the church are now asked to complete Safeguarding Foundations and Awareness of Domestic Abuse. This training is available on line via the Church of England Safeguarding Training Portal and has also been offered to those without internet access with the help of a visiting Safeguarding trainer, and by delivering the on-line courses using the church’s Sound and Vision system. Safer recruitment training is also being extended to churchwardens, DBS checkers and the Safeguarding Officer for the parish.

During the year a change was introduced to enable our DBS checkers to process DBS applications in their entirety. This has been done for members of our two churches. Our DBS checkers, Sabrina Andrews and Paul Jones, have also provided help with DBS checks to neighbouring parishes.

The churches do not currently sponsor regulated activity for children and young people (regular activities involving direct personal care or teaching), though teaching children the Christian faith remains a part of our mission. Pastoral visiting of congregation members who are unable to attend church is being provided regularly and this is a service to vulnerable adults. It is on this basis that PCC members are eligible for enhanced DBS checks. At the end of 2022 enhanced DBS checks for two PCC members were outstanding.

Any questions or concerns about Safeguarding can be directed to the Safeguarding Rep for the parish, Will Halse (07974 755926 or 01626 866054), or to any member of the ministry team.

Volunteers

The members of the PCC would like to thank all the volunteers who work so tirelessly to make our Church a lively and vibrant community. Since the pandemic we have lost volunteers which means that some activities have been put on hold, and new volunteers are always welcome. Our especial thanks go to our Churchwardens, Mike Moulds and Leena Halse and Richard Sulch who took over from Mike Moulds in May.

Structure, Governance and Management

The method of appointment of PCC members is set out in the Church Representation Rules. The Council comprises the Incumbent, the Churchwardens, a representative of the Readers, those elected to the Deanery Synod, and other members who are elected at the Annual Parochial Church Meeting, by those on the Electoral Roll. Members of the congregation are always encouraged to join the Electoral Roll, and to consider standing for election to the PCC.

The PCC members are responsible for making decisions on all matters of general concern and importance in the parish, and for all financial matters. The full PCC met six times during the year on Zoom although this excluded two members who were unable to take part although they received the paperwork. The PCC has a Standing Committee which meets before the PCC to establish the agenda and responds to any emergency decisions which are required. It has one sub-committee, which is the Fabric Working Group who undertake some of the work identified in the Quinquennial and any other fabric issues which need addressing. The PCC employs a Parish Administrator to support the work of the church.

The Revd. Dallas Ayling announced in December her retirement from full time stipendiary ministry.

Administrative Information

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St. Gregory’s is situated at Church Street, Dawlish, (EX7 9QT for directions only, no post can be received at the Church) and is part of the Deanery of Kenn in the Diocese of Exeter.

St. George’s is situated at 4 Hill View, Holcombe, Dawlish EX7 0JU

The Parish Office can be contacted at 01626 864322 or st.gregs@btinternet.com.

The PCC is a body corporate (PCC Powers Measure 1956, and the Church Representation Rules 2020) and registered with the Charity Commission (No. 1133187).

PCC / DCC members who have served from 1[st] January 2022 until the date this report was approved were:

	St.	Gregory’s	St.	George’s
*Ex Officio*
Incumbent	Rev’d Dallas Ayling
Clergy
Reader	Will Halse
	Margaret Noel	Until April 2022
Churchwardens	Leena Halse		Barbara Rains
	Richard Sulch		Michael Burden
Deanery Synod	Cath Chappell		Ann Leigh	DCC Secretary
	Andrew Fuller
	Will Halse
Elected Members	Michael Moulds	Until 2023	Peter Dummett	Until 2023
				DCC Treasurer
	Cathy Slade	Until 2023	Ann Say	Until 2023
	Jennifer de Lange	Until August 2022
	Nicola Twibill	Until 2024	Mike Kinsey	Until 2025
		PCC Secretary
	Ian Andrews	Until 2024
	Richard Orr	Until 2024
	Janice Smith	Until 2024	Liz Hawarth	Until 2025
	Keith Chambers	Until 2025	Marilyn	Until 2025
			Chamberlain
	Linda Chambers	Until 2025	Val Baker	Until 2025
	Sharyn Coope	Until 2025
	Ann Lunn	Until 2025
Co-Opted	Paul Jones	Until 2023	Brian Pearce	Until 2023
		PCC Treasurer
			Jane Pearce	Until 2023
			George Lipscomb	Until 2023

Approved by the PCC on 28[th] March 2023 and signed on its behalf by:

……………………………………. …………………………………… Rev’d Dallas Ayling (Chair) Paul Jones (Treasurer)

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Independent examiner's report on the accounts

Independent Examiner’s Report

Report to the trustees of St Gregory’s Parochial Church Council, Dawlish

On accounts for the year ended Set out on pages Respective responsibilities of trustees and examiner Basis of independent examiner’s statement Independent examiner's statement Signed: Name: Relevant professional qualification(s) or body (if any): Address:	31stDecember 2022	Charity no (if any)	1133187

	8 -12
	The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: • examine the accounts under section 145 of the Charities Act, • to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and • to state whether particular matters have come to my attention. My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view, and the report is limited to those matters set out in the statement below. In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect: • accounting records were not kept in accordance with section 130 of the Charities Act or • the accounts do not accord with the accounting records I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Derrick Sheppard Date:28thMarch 2023
			28thMarch 2023

	Derrick Sheppard

	ACA p/q (Initial career as Chartered Accountant - ICAEW) ACG (Associate of Chartered Governance Institute - formerly ICS&A, with specialisations in financial, pension fund & investment management). IMC (Investment Management Certificate - CFA UK)

	15 Shipley Road, Westbury-on-Trym, Bristol, BS9 3HR

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Parochial Church Council of St Gregory’s, Dawlish	Parochial Church Council of St Gregory’s, Dawlish

FINANCIAL STATEMENTS - Year ended 31 December 2022

RECEIPTS AND PAYMENTS ACCOUNT
			Unrestricted	Designated	Restricted
			General	Legacy	& Parish Trust	TOTAL	TOTAL
		Note	fund	fund	funds	2022	2021
			£	£	£	£	£
RECEIPTS

Voluntary receipts:
	Tax efficientplannedgiving	1	40,351	-	-	40,351	40,835 4,140 20,476 1,540
	Collections at services	1	6,038	-	-	6,038
	Gift Aid income tax recovered	1	5,800	-	-	5,800
	All other voluntaryreceipts	2	768	-	50	818
			52,957	-	50	53,007	66,991 -
Activities forgenerating funds		3	2,657	-	-	2,657
Investment receipts		4	5,547	-	277	5,824	4,735
Receipts from church activities		5	7,489	-	-	7,489	4,779
Other receipts		6	-	-	-	-	-

Total receipts			68,650	-	327	68,977	76,506
							48,896 2,989 7,727 5,340 10,155 5,172
PAYMENTS

Church activities:
	Diocesanparish contribution	7	49,914	-	-	49,914
	Missiongivingand donations	7	8,638	-	-	8,638
	Church salary,clergyand staff expenses	7	7,825	-	-	7,825
	Church runningand office expenses	7	8,185	-	-	8,185
	Church utilitycosts	7	12,591	-	-	12,591
	All other church costs	7	8,717	-	253	8,970
			95,870	-	253	96,123	80,279 - 66,760
Cost ofgenerating funds		8	100	-	-	100
Other costs		9	20,000	-	-	20,000

Totalpayments			115,970	-	253	116,223	147,039

Excess of(payments) / receipts			(47,321)	-	74	(47,246)	(70,533)
							0
Transfers between funds		11	10,500	0	(10,500)	0

NET MOVEMENT IN FUNDS		A	(36,821)	0	(10,426)	(47,246)	(70,533)
							171,932
FUNDS RECONCILIATION
Total Cash funds at 1 January		B	77,597	0	23,801	101,398
Total Cash funds at 31 December		A+B	40,776	0	13,376	54,152	101,398

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Parochial Church Council of St Gregory’s, Dawlish

FINANCIAL STATEMENTS - Year ended 31 December 2022

STATEMENT OF ASSETS AND LIABILITIES
		Unrestricted	Designated	Restricted
		General	Legacy	& Parish Trust	TOTAL	TOTAL
	Note	fund	fund	funds	2022	2021
		£	£	£	£	£
Investments
CCLA CBF Investment Fund(Reserves)		39,204	-	-	39,204	21,500 50,305 184,017
CCLA CBF Global EquityIncome Fund(Legacy)	10,11	-	44,470	-	44,470
DBF Managed Parish Trust Funds(Restricted Endowments)	10,12	-	-	162,451	162,451
		39,204	44,470	162,451	246,125	255,822
						10,773 68,808 9,669 12,149
Cash Funds
Bank Current Accounts(includingfor Restricted Funds)		3,125	-	1,781	4,906
CCLA CBF Deposit Fund(Unrestricted)		37,651	-	-	37,651
CCLA CBF Fabric fund(Restricted)	10,11	-	-	3,295	3,295
CCLA CBF Youth fund(Restricted)	10,11	-	-	8,300	8,300
		40,776	-	13,376	54,152	101,398
						- -
Other monetary assets
Gift aid claim but not received byend ofyear		-	-	-	-
Other amounts due to be received byend ofyear		-	-	-	-
		-	-	-	-	-
						- -
Assets retained for church use
Church Hall(Owned byDBF)		-	-	-	-
Assets retained for Church use(equipment at £Nil value)		-	-	-	-
		-	-	-	-	-
						- - -
Liabilities
Outstandingloanspayable byPCC		-	-	-	-
Unpaid employment costs at end ofyear		-	-	-	-
Other costspaid afteryear end		-	-	-	-
		-	-	-	-	-

TheFinancial Statements of the PCChave been prepared in accordance with the Church Accounting Regulations 2006 using the Receipts and Payments basis.

TheDesignated fundrelates to money given to the Church inLegacieswhich the PCC wouldprefer to retain forproject work.
TheRestricted fundsrelate to theprovision forChurch Fabric, Youth and Mission Community (HCMC) activities.
TheRestricted Parish Trust fundsrelate toEndowments the Diocese holds on behalf of the PCC.

All investments are re-valued eachyear,with the latest valuation date being31 December 2022.

In line with the PCC Reservespolicy,and on the recommendation of the CofE,apercentage of General reserves were transferred to
an Investment Fund for an improved return. For the same reasons,the LegacyFund was invested in a Global EquityIncome Fund.

Approved by the PCC on 28th March and signed on its behalf by:




Rev'd Dallas Ayling (Chair)		Paul Jones (Treasurer)

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Parochial Church Councilof St Gregory’s, Dawlish	Parochial Church Councilof St Gregory’s, Dawlish

NOTES TO THE FINANCIAL STATEMENTS - Year ended 31 December 2022

			Unrestricted	Designated	Restricted
			General	Legacy	& Parish Trust	TOTAL	TOTAL
		Note	fund	fund	funds	2022	2021
			£	£	£	£	£
7	Church activities
	Diocesanparish contribution		49,914	-	-	49,914	48,896 2,989 5,980 1,747 - 4,039 10,155 1,301 - 163 1,619 1,956 152 - 1,282
	Missiongivingand donations		8,638	-	-	8,638
	Salarycosts(parish administrator)		6,171	-	-	6,171
	Clergyand staff expenses		1,654	-	-	1,654
	Church expenses on mission and evangelism		-	-	-	-
	Church runningexpenses		6,242	-	-	6,242
	Church utilitycosts		12,591	-	-	12,591
	Church office andprintingcosts		1,944	-	-	1,944
	Major repairs to church building (funded bytransfer from Restricted Fund)		7,964	-	-	7,964
	Projects - Kitchen			-	-	-
	Projects - Church Office			-	-	-
	Restricted Fabric Fund(Project - Kitchen Roof Repair)
	Restricted Youth Fund(Project - SwapShop)		-	-	190	190
	Restricted Mission CommunityFund(HCMC)		-	-	63	63
	Other expenses		753	-	-	753
			95,870	-	253	96,123	80,279
							-
8.	Cost ofgenerating funds
	Fundraisingactivities		100	-	-	100
			100	-	-	100	-
							- 20,000 46,760
9.	Other costs
	Loans repaid		-	-	-	-
	BuyCCLA CBF Investment Fund Accum. Shares(Reserves)		20,000	-	-	20,000
	BuyCCLA CBF Global EquityIncome Fund Accum. Shares(Legacy)		-	-	-	-
			20,000	-	-	20,000	66,760


10.	The movements in the Designated, Restricted and Unrestricted Funds during theyear were:

			Bal b/fwd	Purchases	Sales	Change in Market Value	Bal c/fwd
	Designated Funds
	CCLA CBF Global EquityIncome fund(Designated Legacy)	11 50,305			-	(5,835)	44,470

	Restricted Endowment Funds
	DBF Managed Parish Trust funds(Restricted Endowments)	12 184,017 -			-	(21,566)	162,451

	Restricted Funds		Bal b/fwd	Receipts	Payments	Transfers	Bal c/fwd
	CCLA CBF Fabric fund(Restricted)	11 9,291 126 11 14,220 151 11 290 50			-	(6,500)	2,917
	CCLA CBF Youth fund(Restricted)				(190)	(4,000)	10,181
	Mission Community (HCMC)fund(Restricted)				(63)	-	277
	Total Restricted funds	23,801 327			(253)	(10,500)	13,376

	Unrestricted Funds		Bal b/fwd	Receipts	Payments	Transfers	Bal c/fwd
	General Reserve funds	77,597 68,650			(115,970)	10,500	40,776

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Parochial Church Council of St Gregory’s, Dawlish	Parochial Church Council of St Gregory’s, Dawlish

NOTES TO THE FINANCIAL STATEMENTS - Year ended 31 December 2022

			Unrestricted	Designated	Restricted
			General	Legacy	& Parish Trust	TOTAL	TOTAL
		Note	fund	fund	funds	2022	2021
			£	£	£	£	£
1.	Plannedgiving
	Tax efficientplannedgiving		40,351	-	-	40,351	40,835 - 4,140 20,476
	Otherplannedgiving		-	-	-	-
	Collections at services		6,038	-	-	6,038
	Gift Aid income tax recovered		5,800	-	-	5,800
			52,188	-	-	52,188	65,451

2.	Other voluntary receipts
	Grants		-	-	-	-	- - 240 - 1,300
	Donations - Restricted Fabric Fund		-	-	-	-
	Donations - Restricted Youth Fund		-	-	-	-
	Donations - Restricted Mission CommunityFund(HCMC)		-	-	50	50
	Legacies		-	-	-	-
	Non-recurringdonations and appeals		768	-	-	768
			768	-	50	818	1,540

3.	Activities forgenerating funds
	Gross receipts(Fundraisingfor church only)		826	-	-	826	- - -
	Gross receipts(Fundraisingfor other charities only)		1,831	-	-	1,831
	Sale of oldpews		-	-	-	-
			2,657	-	-	2,657	-

4.	Receipts from investments
	Dividends from CCLA Investment Funds		1,704	-	-	1,704	1,648 3,076 5 6
	Interest from CCLA Deposit General Reserves Fund(Unrestricted)		3,843	-	-	3,843
	Interest from CCLA Deposit Fabric Fund(Restricted)		-	-	126	126
	Interest from CCLA Deposit Youth Fund(Restricted)		-	-	151	151
			5,547	-	277	5,824	4,735
							3,453 266 - 900 160
5.	Receipts from church activities
	Fees from weddings and funerals		6,163	-	-	6,163
	Gross receipts(Other)		804	-	-	804
	Projects - Other		-	-	-	-
	Projects - Youth		-	-	-	-
	Projects - Community (Defribrillator)		523	-	-	523
			7,489	-	-	7,489	4,779
							- -
6.	Other receipts
	Loans received		-	-	-	-
	Sale of investments		-	-	-	-
			-	-	-	-	-

Page | 11

Parochial Church Council of St Gregory’s, Dawlish	Parochial Church Council of St Gregory’s, Dawlish

NOTES TO THE FINANCIAL STATEMENTS - Year ended 31 December 2022

11.	The movements in the separate Designated and Restricted Funds during 2022 were:

			Designated Legacy fund £	Restricted	Restricted	Restricted	Restricted
				Fabric	Youth	HCMC	TOTAL
		Note		fund	fund	Fund	2022
				£	£	£	£
	Balances brought forward at 1 January		- 50,305
	Bank accounts(Legacy& Restricted funds only)			(377)	2,072	290	1,984
	CBF Deposit accounts(Legacy& Restricted funds only)			9,669	12,149	-	21,817
			50,305	9,291	14,220	290	23,801
	Transfers to/(from) Bank / CBF		- -
	Transfer for CCLA CBF Global EquityIncome fund(Legacy)			-	-	-	-
	Other Transfers			(6,500)	(4,000)	-	(10,500)
			-	(6,500)	(4,000)	-	(10,500)
	Purchases/(Sales) of Investments		- -
	Purchase CCLA CBF Global EquityIncome(Accum. Shares) (Legacy)	9		-	-	-	-
	Sales of investments			-	-	-	-
			-	-	-	-	-
	Change in Market Value of Investments at 31 December		(5,835) -
	CCLA CBF Global EquityIncome fund(Accum. Shares) (Legacy)	10		-	-	-	-
	Other changes			-	-	-	-
			(5,835)	-	-	-	-

	Receipts		- -
	Donations for HCMC Restricted fund	10		-		50	50
	Interest from CBF Deposit Fund for Restricted Fabric & Youth funds	10		126	151	-	277
			-	126	151	50	327
	Payments		- -
	Kitchen Roof Repair(paid from General after transfer from Restricted)	10		-	-	-	-
	SwapShop& HCMC	10		-	(190)	(63)	(253)
			-	-	(190)	(63)	(253)

	Excess/(Shortfall) of Receipts over Payments		-	126	(39)	(13)	74

	Balances carried forward at 31 December		- 44,470
	Bank accounts(Legacy& Restricted funds only)			(377)	1,882	277	1,781
	CBF Deposit accounts(Legacy& Restricted funds only)			3,295	8,300	0	11,594
		10	44,470	2,917	10,181	277	13,376

12.	DBF Managed Parish Trust funds(Restricted Endowments)

	The Diocese has advised of Parish Trust Investments which relate to Endowments the Diocese holds on behalf of the PCC. These need to be be included in the Statement of Assets and Liabilities in the PCC’s Financial Statements for 2022. On the advice of their auditors, the valuations have been calculated on bid prices quoted on 31 December 2022 and 2021.


	Over the years bequests have been made to PCC’s stipulating that a sum of money should be invested, and only the income used for a specific purpose (a permanent endowment). In these circumstances the Diocesan Board of Finance (the Custodian Trustee) is legally obliged to hold the capital on behalf of the PCC (the Managing Trustee).


	Subject to certain criteria that must be met before a permanent endowment can be spent, under current legislation, it is possible for PCC’s to consider winding up certain trust funds held as permanent endowments and spending the capital to help fulfill the purpose of the trust, without having to seek the permission of the Charity Commission. The statutory power is in Sections 282-284 and 288-291 of the Charities Act 2011.

Page | 12

The Parochial Church Council of the Ecclesiastical Parish of Dawlish witb Holcombe and Cofton Registered Charity 1133187 St George the Martyr Church, Hol¢ombe Annual General Meeting- 26 March 2023 Treasurer's Report The final accounts for 2022 ar¢ atlached. These provid¢ an overall view of the fan5 of St George's for 2022 and of the financial position at the 31° December 2022 The accounts. which 8r¢ prcpared on a receipts and payment basis. were approved by th¢ D.C.C. at the 15 March meeting. Church Fund During the year the life of the Church resumed al a-new nornial" This involved a significant reduction in attendance compared with pre-pandemic levels. By lowering contributions to the Common Fund a small deficit of £304 was incurred and a prudent cash balance was maint8in¢d The ¢&sh balance at the end of the year stood at £5.300. Whilst giving increased it was the second lowest in the last six years - Planned Collections and Giving £4.585 £4,152 £5,452 £4.877 £4.604 £5,356 Totsl 2017 2018 9019 2020 2021 2022 £13J28 £12308 £11,332 £10.299 £9.59? £9.670 £17,913 £16.460 £16,783 £15.176 £14.196 £15.026 -9.40/0 -8.10/0 -9.60/ts -6.50/fy +5.80/0 The Parish Giving Schetne 15 used by 12 houscholds covering 16 chh m¢mber5. This scheme brings benefits in ternis of financial and Gift Aid administration. ¢ash flow and inflationary increw. I would encournge others Éo Consider using this methimj of giving. Gift Aid - The "Small Donations" scheme allows us to claim Gift Aid T&x Rebate on individual cash giving not otherwise gift aided. In our cas¢ the limit of £8.000 peryear ¢nable5 all eligible giving to qualify for gift aid relief. Common Fund- As we are not providing an additional member of th¢ clergy via our-House for Duties" FK)sition we pay our contribution in cash.

During 2022 we paid 75 /0 of the amount requested and paid 1st Juty to 30th September 2021 ar3 of£l,585. At the end of the year we were £8.063 in arrears - £1.585 in respect of 2021 and £6,478 in respect of 2022. In the current circumstances we will. whilst maintaining a Church Fund cash balance Close to £5.000. continu¢ to pay 75ts/9 of the requesL The sithation is being constantly reviewed and if possible payment of arrears will b¢ made. Attached is the T¢¢ent exchange of emails I have had with Neil Wlliams. the Diocesan Director of Finance, in which he is cl¢arly understanding of our position. Sweetbriar Fund -- The letting agent& Dart and Pathers. pT()vid¢ an ¢ffi¢ieni management service. The tenants pay the rent reliably and are looking after the prowty. With a surplus of £2 J74 the fmancial sitrJ8tion of the fijnd improved during the year. The deficii decreased from £3J I I to £937. This is covered by an internal 'loan' from the Legacies Fund which should be cleared over the next year OT two.. Legaeies Fund During the year the Trustees of the -celia Ollerenshaw Trnst" decided to wind up the Trust. As a result we received a first 8rant of £S6,OCKI. This l¢ga¢y has a number of eonditions and in line with the Trust's initial PUTposes can only be used for the maintenance of the church and to directly support the work of St George's and the Fri(L8. A flnal grant of &tM)ut £10,000 will paid when possible. The unrestricted element of the fund was used to purch&se a Hymnal Plus to provide music in the abscnce of an organisl. At the end of the v¢ar. having fanCed the Sweetbriar Fund deficiL the total Lkgacies fund cash balance stood at £64.882. Thanks - My thanks go to those who have. in vario way& &ssisted me during the year. to Andy Watson for examining the accounts and those who. directly and indirectly, have quietly supporttyj St George's financially. Peter Dummett I ith Marth 2023

iimr2023, 11.46 Ned wIrns I1.nI1%@exetAThJrLOrg Nell Wlllam8 Dtrectorot Finan Éxfytsr ext IN¥ Dll.. r S•nt: 26 Febrtw 2m 21'.37 To.. Ndl W11ams1.1m$@exeIer.rYAn.( Syb¢t.. Re. StGeorge's FI r parklpantshave droFfd from tI38 ie6%1. As 4 reurt we I) Poy 75%of req r cwtrfbulkn of £21.018kn SY)22 was m•Je of £1.585. 30 Sgptyrtw2021 £19.483. 75%otthè 22 r8W8St of £25,gt1. w8ther8lore kn mars trom 1 Ctl¢thr 2021 kndth. ILL8tor y4¥aNJ gradudty rotNAdWJ IW l Xepitrknlif may fftsjlbj kn a W rate pef r•wiaTrJ Ih•retty• Ullo wouk1 ha achi9d. A•gards Petyr ¢ChTrO8s Frorn.. Nell Soni.. (6 FebnMry3)fd 17.. To: any LrtTrer(tnDthl0rts nJhl be rn a0[ Fdxw(rMr(4)Wartdr(*). so lwarted ¥J seetstth&Lqiestp)th Le111COmrrnn Nwl Wllllams Ot Fift ThEOWDp1ry EX11

The Parochial Church Council of the Ecclesiastical PaTish of Dawlish wilh Holcombe and Cofton Registered Ch*ity 1133187 St Georye the Mwtyr Churth. Holcombe Arnyxtal Genèral MèttlNJ. 26th ljlareh 2023 RKolM6 Payments fty year ended 31st December 2022 Church. G¥d•n. Logxknand Mlsslon Funds R•¢•ipts 15,OX.10 GTh Ahl Tox 1,927.92 132S,tr) 70.15 IA1127 7JYII 88,338.27 P•ym•nt• Exlhl £iA892S t19A3JJI IJ05 21,019.49 112. ¢Uh Irj W•y IZ4 9.859.71

ALbl 7. 28.91 ot P¥yrfws 513.75 32.987.48 Church -304.48 0.00 53,S8a.52 61.75 L•9aci•s FWMI $3,348.79 Fthds of St G•ory•'s Fund R•¢•lpts 319.00 0.00 P•ym•Tr)t• 319.00 &¥•8tbrtarFund~ Chartty •1 1• RM• B¢h Dom1 R•c•lpts 4e6.07 11.490.07 Paym•r Cortrt¥a¢knn io c¢h Fw 7.2ts).¢J) Leiiirwj W- lhiienance 1,485,80 I00 275. 9.115.60 $wpl 2274.47 B•lÈnc• Sh••tas at 31st D•c•mb•r 2022 As8et8....--...- Flxed A•Mt 474.750.C¥J Inv•#kn•nts Rèsiri¢iBd-. FWKI. (SF.¢ E Fw and 15ldctqd 4WS.95 tknbjnat ).ox).rpJ 1Cted 16.tr26.58 56.323.68 Cagh Lloyth Bank 70.39T.05 73.2T3.0S fAM,346.73

Funds-_. Church arKI RoS•fVO5- Churth Fund lnvestrrnts Rastittt6- 8$ at 1st 22 chpry vauw 4t10 11$1.15 LknrestriGt•Y- as at 15¢ Jarw Trartsferto PseV¢S in ¥& zr.7llg) 17.717.73 J1Ing. .rtsJ.r Ca8h at 1st January 2022 7r S..29 d&• 53.806.02 Fd•nds of $1 G•<wg•S Fund- Ch-¥¥ Jt 151 lJ6 2.5S7.Ikl 919.OD 2.876.00 Gard•n Fund- In m•mwy olP•rn tlrrf• - ctsynvled- C&gh- as 41 181 202Z L••• 44&44 443.04 L•gacl•B Fu 5h- VA 411$t J4nuvry 2Wt C••h- a8 * Isi 3J22 11.2B3.25 -2.411.4 &981.71 84,881.7Y C &• iolon Fund C¥•h- •5 Ht 1•1 20Y S&97 64.7S 120.72 Sw••tM•r Fund- Ch•rfty 018t•lla RM• Bl•n¢h• DgmlW•- CEspJnatB4 P6ttsteO-.--..----.... as at 151 J4nuary 2022 In 74XAIKO 474.TS0.L Inv#rr*t X% * 1È1 W22 iknrn¥ALsed In S.95 QMh- u al 151 XW LU 6Lrt -3Jii 482,419.18 604,34&73

Not•8- 1¢> Lewls FwbJfr<¥ts 11 JKy - L•ss 7119 1411 iU6VJ.44 64,181.77 Fu FLid MgBSy CLYch FL0 P•1 FuThJ 10T 1•71 l•) ¢*•h p¢ Fn T• eh Furd-_. S,JtyJ.28 s88.03 2,176.00 rth. see l¢J) Frth16 of St 1•76.00 Fu. kntrirt¥J 000.00 •.U1.77 120.72 J6.000.W 7.945.00 120.72 •Tr Fu n,2n.•s 70,397. I876.OD 70,3#7.•S 2,17& 2n. 73,27&05 Poter 22nd February 2023

CONSOLIDATION: Parish of St Gregory the Great, Dawlish with St. George’s, Holcombe

FINANCIAL STATEMENTS - Year ended 31 December 2022

RECEIPTS AND PAYMENTS ACCOUNT Note RECEIPTS Voluntary Receipts Regular giving 1 Other voluntary receipts 2 Activities for generating funds 3 Investment income 4 Income from church activities 5 Other receipts 6 Total receipts PAYMENTS Church activities 7 Cost of generating funds 8 Other costs 9 Total payments Excess of receipts / (payments) Transfers between funds NET MOVEMENT IN FUNDS A FUNDS RECONCILIATION Total Cash funds at 1 January B Total Cash funds at 31 December A+B	Unrestricted General fund £	Designated Legacy fund £	Restricted funds only £	TOTAL 2022 £	TOTAL 2021 £
	69,142.32 9,787.30 3,600.92 5,581.40 9,814.11 0.00	0.00 0.00 0.00 0.00 0.00 0.00	0.00 56,050.00 0.00 13,146.07 0.00 0.00	69,142.32 65,837.30 3,600.92 18,727.47 9,814.11 0.00	81,556.01 10,916.83 0.00 17,111.76 7,008.49 0.00
	97,926.05	0.00	69,196.07	167,122.12	116,593.09
	128,857.84 100.00 20,000.00	0.00 0.00 0.00	9,368.48 0.00 0.00	138,226.32 100.00 20,000.00	119,636.69 0.00 66,760.38
	148,957.84	0.00	9,368.48	158,326.32	186,397.07

	(51,031.79)	0.00	59,827.59	8,795.80	(69,803.98)
	9,563.23	0.00	(9,563.23)	0.00	0.00
	(41,468.56)	0.00	50,264.36	8,795.80	(69,803.98)
	92,395.30 50,926.74	0.00 0.00	26,714.16 76,978.52	119,109.46 127,905.26	188,913.44 119,109.46
	0.00 0.00 0.00 0.00 50,926.74 0.00 76,978.52 127,905.26
NB: Check Totals from 'Cash Funds Recon' & 'SoAL' tabs

Page 1

CONSOLIDATION: Parish of St Gregory the Great, Dawlish with St. George’s, Holcombe

FINANCIAL STATEMENTS - Year ended 31 December 2022

Unrestricted General fund £	Designated Legacy fund £	Restricted funds only £	TOTAL 2022 £	TOTAL 2021 £
39,204.06 0.00 0.00 0.00 0.00 3,201.64 13,424.94 0.00	0.00 44,469.94 30,000.00 0.00 0.00 0.00 0.00 0.00	0.00 0.00 0.00 610.91 8,605.95 0.00 0.00 0.00	39,204.06 44,469.94 30,000.00 610.91 8,605.95 3,201.64 13,424.94 0.00	21,499.93 50,305.28 25,000.00 692.01 9,113.57 3,581.79 24,189.71 0.00
55,830.64	74,469.94	9,216.86	139,517.44	134,382.29
3,125.14 0.00 0.00 0.00 37,651.33 0.00 0.00 0.00 862.25 6,412.02 2,876.00	0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00	0.00 (377.16) 1,881.55 276.78 0.00 3,294.61 8,299.72 480.24 0.00 63,122.78 0.00	3,125.14 (377.16) 1,881.55 276.78 37,651.33 3,294.61 8,299.72 480.24 862.25 69,534.80 2,876.00	8,789.25 (377.16) 2,071.50 289.71 68,807.87 9,668.59 12,148.67 480.24 673.33 14,000.46 2,557.00
50,926.74	0.00	76,978.52	127,905.26	119,109.46
0.00 0.00	0.00 0.00	0.00 0.00	0.00 0.00	0.00 0.00
0.00	0.00	0.00	0.00	0.00
0.00 0.00 0.00	0.00 0.00 0.00	0.00 0.00 474,750.00	0.00 0.00 474,750.00	0.00 0.00 400,500.00
0.00	0.00	474,750.00	474,750.00	400,500.00
0.00 0.00 0.00	0.00 0.00 0.00	0.00 0.00 0.00	0.00 0.00 0.00	0.00 0.00 0.00
0.00	0.00	0.00	0.00	0.00

Page 2

CONSOLIDATION: Parish of St Gregory the Great, Dawlish with St. George’s, Holcombe

FINANCIAL STATEMENTS - Year ended 31 December 2022

Unrestricted General fund £	Designated Legacy fund £	Restricted funds only £	TOTAL 2022 £	TOTAL 2021 £
50,020.10 0.00 9,299.23 2,095.00 7,727.99	0.00 0.00 0.00 0.00 0.00	0.00 0.00 0.00 0.00 0.00	50,020.10 0.00 9,299.23 2,095.00 7,727.99	50,426.58 0.00 6,394.30 2,350.00 22,385.13
69,142.32	0.00	0.00	69,142.32	81,556.01
0.00 530.00 319.00 0.00 0.00 0.00 0.00 8,169.81 768.49	0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00	0.00 0.00 0.00 0.00 0.00 50.00 56,000.00 0.00 0.00	0.00 530.00 319.00 0.00 0.00 50.00 56,000.00 8,169.81 768.49	1,181.13 0.00 289.00 0.00 240.00 0.00 0.00 7,819.40 1,387.30
9,787.30	0.00	56,050.00	65,837.30	10,916.83
904.83 2,696.09 0.00	0.00 0.00 0.00	0.00 0.00 0.00	904.83 2,696.09 0.00	0.00 0.00 0.00
3,600.92	0.00	0.00	3,600.92	0.00
1,703.60 0.00 0.00 3,843.46 0.00 0.00 34.34 0.00 0.00 0.00	0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00	0.00 486.07 1,292.50 0.00 65.04 21.39 0.00 126.02 151.05 11,004.00	1,703.60 486.07 1,292.50 3,843.46 65.04 21.39 34.34 126.02 151.05 11,004.00	1,647.67 433.37 1,250.01 3,076.01 73.90 18.07 1.37 5.03 6.33 10,600.00
5,581.40	0.00	13,146.07	18,727.47	17,111.76
8,487.61 804.00 0.00 0.00 522.50	0.00 0.00 0.00 0.00 0.00	0.00 0.00 0.00 0.00 0.00	8,487.61 804.00 0.00 0.00 522.50	5,682.00 266.49 0.00 900.00 160.00
9,814.11	0.00	0.00	9,814.11	7,008.49
0.00 0.00	0.00 0.00	0.00 0.00	0.00 0.00	0.00 0.00
0.00	0.00	0.00	0.00	0.00

Page 3

CONSOLIDATION: Parish of St Gregory the Great, Dawlish with St. George’s, Holcombe

FINANCIAL STATEMENTS - Year ended 31 December 2022

Unrestricted General fund £	Designated Legacy fund £	Restricted funds only £	TOTAL 2022 £	TOTAL 2021 £
70,932.49 9,438.11 6,591.24 1,765.57 0.00	0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00	0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00	70,932.49 9,438.11 6,591.24 1,765.57 0.00 12,063.74 0.00 16,629.08 1,943.53 7,964.40 0.00 0.00 7,200.00 1,485.60 155.00 275.00 0.00 189.95 62.93 1,529.68	72,708.94 2,988.67 6,640.08 1,747.16 0.00 6,301.64 0.00 10,960.64 1,300.97 861.54 163.00 1,618.80 7,200.00 1,431.06 1,342.00 412.72 1,956.00 151.98 0.00 1,851.49
12,063.74
0.00 16,629.08
1,943.53
7,964.40 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
		7,200.00
		1,485.60
		155.00
		275.00
		0.00
		189.95
		62.93
1,529.68		0.00
128,857.84	0.00	9,368.48	138,226.32	119,636.69
100.00	0.00	0.00	100.00	0.00
100.00	0.00	0.00	100.00	0.00
0.00	0.00 0.00 0.00	0.00 0.00 0.00	0.00 20,000.00 0.00	0.00 20,000.00 46,760.38
20,000.00
0.00
20,000.00	0.00	0.00	20,000.00	66,760.38
Page 4

23 99 99	Summary amounts for Consolidated Finance Return Church running expenses 14,007.27 14,007.27 7,602.61 Other payments/ expenditure 9,368.48 9,368.48 12,493.76 Other payments/ expenditure 21,529.68 21,529.68 68,611.87

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ members of[Parish of St. Gregory the Great, Dawlish, with St. George’s, ] Holcombe. Charity Name

On accounts for the year ended Set out on pages	31 December 2022	Charity no (if any)	1133187

	Page 1 of the Consolidated Parish Finance Return V1.2, and Pages 1 to 4 of the Consolidated Financial Statements (V2.3 Adjusted) at 08.05.22 (remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/ 12/ 2022.

Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report 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 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention (other than that disclosed below) in connection with the examination which gives me cause to believe that in, any material respect:

accounting records were not kept in accordance with section 130 of the Act or
the accounts do not accord with the accounting records.

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

Date: 08.05.2023 Signed: Derrick Sheppard Name: Derrick Sheppard ACA p/q (Initial career as Chartered Accountant - ICAEW). Relevant professional ACG (Associate of Chartered Governance Institute - formerly ICS&A, with qualification(s) or body specialisations in financial, pension fund & investment management). (if any): IMC (Investment Management Certificate - CFA UK). Address: 15 Shipley Road, Westbury on Trym, Bristol, BS9 3HR

P a g e 1 | 2

IER (Oct 2018)

Section B Disclosure

[Only complete if examiner needs to highlight matters of concern (see CC32, Independent ] examination of charity accounts: directions and guidance for examiners).

Give here brief details V1.3 of Final Consolidated St Gregory’s and St George’s accounts was completed on 08.05.2023. of any items that the Thanks to the Funds analysis provided with the St George’s 2022 accounts, an initial Consolidation examiner difference of excess Unrestricted over Restricted Funds was reduced from £61,742.97 to £791.45. wishes to disclose . After requesting a check on my understanding of Fund classifications for IE2022 based on the details given in the St George’s Accounts, a few minor corrections were needed as follows: 1) £480.24 CBF Deposit Account correction was necessary from Restricted Investment to Restricted Cash Funds. Peter Dunnett confirmed his agreement with this reclassification on 06/05/2023. 2) The £443.04 Garden Fund was reclassified from Designated Unrestricted to Designated Restricted at 31/12/22 after confirmation was received from Peter Dunnett on 06/05/23.

3) Consequently, the £443.04 Garden Fund was also reclassified from Designated Unrestricted to Designated Restricted in the Consolidated Brought Forward Cash Funds at 01/01/2022. 4) An Internal Transfer was included in the Consolidation for an Internal Loan of £936.77 from Unrestricted Legacies to clear a negative balance of -£936.77 in the Restricted Sweetbriar Fund. 5) After implementing the above, an adjustment was made to eliminate the final difference on Consolidation of £791.45. This reduced the Unrestricted and increased Restricted Funds by £791.45.

I am confident the St George’s financial figures are now correctly included in consolidated accounts. This final consolidation difference is a very small percentage of the overall picture, and this is not significantly impacted by including this balancing figure.

I wish to place on record my sincere thanks and appreciation for Peter Dunnett’s timely and helpful responses to my requests over the Coronation Bank Holiday weekend.

This IE review has again highlighted that increased precision and use of control checks will improve the classification of Unrestricted, Designated and Restricted funds, and the production of the respective individual Church and Consolidated accounts.

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IER (Oct 2018)