St rnar
In'scHURCH
DORKING
PAROCHIAL CHURCH COUNCIL OF
ST IVIARTIN'S CHURCH, DORKING
ith
ST MARY'S CHURCH, PIXHAM
SUMMARY ANNUAL REPORT &
COIYSOLIDATED FINANCIAL STATEMENTS
for the
YEAR ENDED DECEMBER 31" 2021
Incumbent:
The Revd Derek Tighe
St. Martin's Vicarage, Westcott Road, Dorking RH4 3DN
B#nker5:
Lloyds Bank Epsom Branch, PO Box 1000 BXI ILT
Investment Managers:
CCLA Investment Management Ltd.
85 Queen Victoria Stre¢t, Li)ndon EC4V 4ET
M&G Charities,
PO Box 9038, Chelmsford CM99 2XF
Custodian Trustee:
Guildford Diocesan Board of Finance,
20 Alan Turing Road, Guildford GU2 7YF
Insurers:
Ecclesiastical Group,
Beaufort House, Brnnswick Road, Gloucester GLI IJZ
Independent Examiner:
Adam Halsey, Haysmacintyre LLP.
10 Queen Street Place, London EC4R IAG
Registered Charlty 1133695

ST. MARTIN'S, DORKING witb ST. MARY'S, PIXHAM
TRUSTEES ANNUAL REPORT
Objectives and activities
The pritnary object of each Parochial Church Council is the promotion of the Gospel of our
Lord Jesus Christ according to the doctrines and practices of the Church of England. The PCC
(Powers) Measure 1956 states that the PCC "15 to co-operate with th¢ minister in promoting in
the parxsh the whole mission of the Church. pastoral, evangelistic, social and ecumenical" The
St Martin's PCC also has responsibilities for the daughter church of St Mary's, PiAham.
Under a Union of Benefice Measure (1960) the parish is liDked to that of St Barnabas,
Ranmore which has its own PCC and ts independent. The Bishop of Guildford implemented a
Pastoral Order under Section 17 of the Mission and Pastoral Measure 2011 with effect from
December 1. 2018. Under this order a Group Ministry was estsblished for the benefices of
Dorking with Ranmore. Dorking St Paul, and of North Holmwood St John the Evangelist.
St Martin's and St Mary's are open, living, Christian communities, seeking to worship God and
to enrich the life of Dorking and the world. We seek to celebrate and share the love of God for
in prayer, reflection and action.
by Ikstening, learning and growing together.
through serving others and the wider world.
St Martin's and St Mary's are friendly, inclusive, welcoming churches which don't fit easily
into a parttcular ecclesiastical type. We try to express ourselves in evangelical, catholic and
liberal ways, which welcome people from all sections of the community to engage with church
life, whatever their needs.
Worship is at the heart of our church life. We seek to provide a varied pattern of seryices that
reflects the Christian year and serves all of OUT worshipping community. We strive for worship
that is insightful, uplifting and connected to real Ilfe.
The development of faith is essential io the life of our Christtan community. We believe in
faith as a journey and aim to develop learning opportunities so that people may explore their
sptrituality and their relationship wlth God.
Chil(tren and young people are an essential part of our life and we want to build good
relationships with all our local schools. and especially our church school. We want lo include
children and young people in our community of faith. to nurture their spirituality and to ensure
their safety by complying with the law and following best practice.
We seek to be worthy stewards of our financial and material assets to the service of our
ommunity and the wider world.
We are custodians of a well-equipped site and are blessed with an amazing location. We work
hard to maintain our buildings and grounds within certain financial constraints. We are
¢xploring new ways of developing our space to the benefit of our community and those with
whom we share our site.
We are a committed member of Churches Together in Dorking and a¢tively promote and
support the Dorking Area Foodbank and initiatives including the Dorking Community Fridge.
We aim to ensure that pastoral care is available to all, not just those with obvious
vulnerabilities. We specifically try to make the idea of inclusion real at every level of our life
tog¢ther.

ST. MARTIN'S, DORKING Ivith ST. MARY'S, PIXHAM
Achievements and performance
The year started with a further suspension of physical worship in view of ihe high number of
Covid cases locally. Many other churches and cathedrals took the same approach to safeguard
worshippe￿, clergy and support staff. Fortunately levels had dropped sufficiently to allow
regular services to resume as from the Ash Wednesday service in February.
We continue to take account of government guidance and national church guidelines in our
approach. For example we continue to have hand sanitiser available with many taking
advantage of this. We also only offer communion in one kind.
Congregation sizes remain variable but are smaller than they were with a number of people still
being very cautious about coming out and meeting people. However we regularly have visitors
at services as well as to the church during the week, some from foreign countries during their
visit to Dorking and sutrounding areas.
There were more than the usual number of failures of church equipment during 2021. These
started with the clock motor in February and continued with the failure of the organ in April.
Fortunately the new organ tuner knew someone local who understood the underlying 19605
technology and had a replacement board to swap pending a repair to the original. In
connection wtth this some important documentation was found within the organ case.
The controls for the lighting ￿hem¢ installed in 1995 failed completely in September which
affecled all lighting except in ihe Lady Chapel and Vestries. Fortunately our electrical
contractors were able to attend the following day and 'hardwire' some circuits thus byp&8sing
the failed system. It was also lucky they were booked tn 2 week later to replace falled bulbs as
some further work was done. Detailed discussions ihen started about a ttplacement sysl¢m to
inco￿Orate LED fittings which will lower eleclricity consumption- important anyway but
especially with rising energy prices.
Some investigation work was undertaken on the church floodlighting. It was possible lo get
two units to work again but replacement parts are needed for the remainder. We are looking
for external funding for this.
Our small 'ero group, continue to Promote environrnental topics, especially the churchyard. In
onjunction with the tree officer from Mole Valley Council a short tenn action plan was agreed
leading to pruning of two trees and the planting of a new one. We remain most grafeful for the
help of "Rotary" people to maintain this each spriThg.
No safeguarding issues have been reported during the year and subsequently. We are grateful
for the work of our safeguarding office, Anne Whibberley, for keeping in louch with the
changing requirements. The PCC agreed that. baving regard to Charity Commlssion
recommendation, its members should undergo DBS checks and these have been carried out.
A key challenge is ongoing, namely growing our congregation, numerically and in faith. In
this connection plans continued for Nnning an Alpha course. The plan for early 2022 was
deferred until later in the year but then deferred again because only one person had expressed
an interest shortly beforehand.
Many people are involved in keeping each of the two churche5 going and not just for and
during services. During lockdowns the work of the pastoral ieam has been particularly
importanL To all of our volunteers a very big'thank you" for what you do and for sharing the
workload.
On June 24, 2022 it was announced that the Incumbent would be leaving the Parish at the end
of August 2022. Discussions hav¢ started with various senior people within tfftie Diocese on the
way forward for the Parish.

ST. MARTIN'S, DORIaNG Ivith ST. MARY'S, PIXHAM
Structure* governance and management
The Parochial Church Council (PCC) is a corporate body established by the Church of
England. The PCC operates under the Paroehial Church Council Powers Measure. and
registered with the Charity Commission as a Charity in January 2010.
The PCC includes representatives from the congregation and the clergy. The appointment of
PCC members is governed by the chU￿h Representation Rules. The 2004 APCM agreed that
there should an extra lay place for a representative from the daughter ¢hur¢h of St Mary's,
Pixham.
The PCC Complies with Guildford Diocesan requI￿rneAts with regard to safeguarding issues
and risk assessment. Training in connection with the lalest national church safeguarding
requirements Is ongoing. Our safeguarding statements continue to bring together Angli¢an and
Methodist best practice. The PCC complies with statutory requtremenls with regard to
employment, access and health and safety.
Under a 1973 Agreement. the Church Building is shared with the Dorking Methodists, and
there ts a parallel agreement with the Dorking Methodists for sharing use and responsibtlities
for the Christian Centre. Under the current financial arrangements. each denomination is liable
to pay a notional £100 per annum to the other for the use of its facilities.
The Sharing Agreements are being reviewed following the closure of the Dorking Methodist
Church as from September 1 ' 2021. Unlil this is complete it is intended that the arrangemenls
Continue in the same spirit as before. This is important as the Centre was fomied from the
Parish Hall and is used in this way for church events. During 2021 there were three meetings
of the Joint Church Council established under the Sharing Agreement.
The PCC and the Incumbent share the responsibility for taking forward the work of the parish.
During the calendar year 2021, the PCC Standing Committee met twice and the full PCC also
met seven times.
Reference and administrative details
These details ate shown on the cover page and on page 5.
Financial Review 2021
These accounts are consolidated financial statements of St Martin'5 chU￿h with its daughter
church of St Mary's Pixham and a number of related separate chartties. A simple summary
shows:
Charity l Fund
St Martin
Unrestricted
Restricted
Endowment
Total
121,994
98,287
436,288
656569
Other Charities
71,544
364.219
435,763
St Mary
24.745
8.260
33,005
TOTAL
146,739
178,091
800,507
1,125,337

ST. MARTIN?S, DORKING Ivith ST. MARY'S, PIXHAM
St Martin's Church general fimd small surplus of £830 masks Ihe underlying situation. The
churcli received an unexpected windfall in the forni of a legacy from Jean Lawrence. With
£25K allocated to gen¢rnl expenses. the underlying defjcit was wiped out for 2021.
The report above refers to a number of equipment failures in 2021.. their repairs cost over £3K.
The extensive and detailed quinquennial inspection cost a fijrther £IK. The investigation into
failures of the floodlRghting cost nearly £IK and identified that expendItt￿e of nearly £4K
including VAT is needed to bring it back into ￿11 operation.
The balance of the Lawrence legacy was allocated for fabric exp¢nditUT¢ given the need for a
new lighting system as well as new boilers at an estimated total cost of some £60K~£80K plus
VAT. IÉ should be possible to obtain a grant to cover the VAT under the Listed Places of
Worship Scheme. Both of these will Tesult in a more eco-friendly church and reduce the
exposure to the alarniing energy price increases. The Friends of Sl Martin's have been asked
for a contribution.
It is likely that some of the market linked investments will need to be sold In 2022 to meet the
ongoing deficits, however this will cut the income they generate. The challenge is to conduct
the sale when the market 15 near a high point.
Parish share for 2021 increased over that requested for 2019 and 2020 and an in¢Teased aTnount
is due for 2022 despite Ihe smaller congregations. The number people paytng by standing
order continues to reduce but we are most grateful to those who contribule in this way. The
full amount of parish share requested for 2021 was paid during the year: the nutter of the
unpaid element relating to 2011 (£23K) remains open with the Diocese and is not included in
the figures shown in the a¢couuts
We remain most grateful to Friends of St M#rtin'$ (a separate registered charity number
283966) for their continuing support in undertaking works and providing funds for projects for
Éhe upkeep of¢hurch fabric. In particular they paid for the replacement red carpet in front of
the chancel. It rematns the case that routine ￿￿intenance items should nonnally be funded
from the church's own resources.
St Mary's Church Pixham also made a small SUTplus on generdl funds of £2.008. Fund
Taising continued to build up reserves for the fabric repairs identified in the quinquennial.
Unlike St Martin's there is no 'Friends' organisation to provide funds.
Covid-19 led to the periodic closures of both churches, with a loss of "open-plate" and wall-
safe income as well as that from hiretE. The financial outlook remains uncertain though the
number ofweddings and concerts is now increasing.

ST. MARTIN'S, DORKING with ST. MARY'S, PIXHAM
Administrative Details
Charity Registration
The PCC registered with the Charity Commission in January 2010. number 1133695.
Th¢ separate Vicar and Churchwarden Charities contributing to the consolidated a¢¢ounts are
listed in Accounts Note l(g) on page 10.
Membership of the PCC
Members of the PCC are eitber ex officio or elected by ihe Annual Parochial Church Meeting
(APCM) in accordance with the Church Representation Rules.
In the year starting January 1" 2021, and until the approvaI of the Annual Report and Financial
Statemerkts for 2021, the following served as member5 of the PCC..
Incumbent:
Rev'd Derek Tighe
Veronica Watts
Nick Hands-clarke
Note I
Churchwardens:
To January 2022
Note 3
Deanery Synod:
Canon Peter B￿Inve1S
Nick Hands-clarke
Note 2
Note 3
PCC Treasurer
LLM (Reader):
Pixham Rep..
Elected Members:
Chris Watts
Julte Mellows
Nole 4
Diana Burges
Christine Francis
Mike Gibb
Christine Lawrence
Judy Peace
Alan Roome
Brian Smith
Di Sutherland
Anne Whibberley
Robina Williams
To May 2021
PCC Secretary
To June 2021
To January 2021
To January 2021
The Incumbent and the Churchwardens are regarded as the people in key management positions.
Until September 2020 Peter Bunn was a trustee. with others including the Incumbent, of the
separate Friends ofst Martin's charity.
Nole l.. Rev'd David Cowan and Rev'd Stuart Peace have PTO status.
Note 2.. Canon Peter Bruinve15 serves on General Syni)d and (ex-officio) on Diocesan and
Deanery Symods.
Nole 3.. Nick Hands-clarke also serves on Diocesan Synod.
Note 4.. The Pixham Representative has not acted as a Charity Trnstee.
Approved by the PCC on
2022 and signed on its behalf by:

ST. MARTIN'S, DORKING with ST. MARY'S, PIXHAM
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PAROCHIAL
CHURCH COUNCIL OF ST MARTIN'S, DORKING WITH ST MARY'S CHURCH,
PIXHAM
I report lo the Irusleas on my examination of the accounts of the Parochial Church Council of St Marknn's. Dorking
with Sl Mary's Church. Pixham lthe'PCC'I lor th¢ year ended 31 Decomber 2019.
Responsiblllties and basis of report
As the charity trustees of the PCC you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act 2011 I'the Act'l.
I report in respect of my examination of the PCC'S accounts carrled out under section 145 of the 2011 Act and In
carrying out my examination I have followed all the applicable Directions given by the Charity Commission under
section 145{5llbl of th& Act.
Independent examinerfs statement
I have completed my examination. I confimi that no material maiters have come lo my attentlon In connection with
the examination givillg me cause lo believe that in any material respect..
1. accounting records were not kept in respect of the PCC 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 fom) and content of accounts sel out
in the Charities (Accounts and Reports) Regulations 2008 other than any reouiremenl that the accounts give a 'lrue
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 wth the examination to which attention
should be drawn in this report in order lo enable o proper understanding of the o¢counis to be reached.
Adam Halsey FCA
Haysmacintyre LLP.
10 Queen Street Place
London
EC4R IAG
Date
31 st October 2022

ST. MARTIN'S, DORKING with ST. MARY'S, PIXHAM
Statement of Financial Activities
For the year ended 31, December 2021
Unrestricted
Restricted Endowtnent
Funds
TOTAL
2021
TOTAL
2020
INCOME & Er4DOWMENTS:
Donations andLegacies
Church aclivities
92.339
5,692
5,480
17.788
25.627
117,966
5.692
6.080
34,669
72,633
5.112
3.289
33,845
2(b)
Oiher Irading acttvities
Investmenls
600
2(d)
16.881
Oiher
Total
124 802
167 910
120 047
EXPENDITURE ON:
Church aclivilies
3(a) (114,430) (11,989)
(7,534)
(126,419) 1 (119.457)
(7,534) 1
(6.925)
Raisingfunds
Other
3(e)
Total
133 953
126 382
Net income l (expenditure)
before investment gains
Gain5 on investment assets
2,838
31,119
33,957 | (6.335)
5(a.b.c)
Net movement in funds
16.550
31.119
53.213
100,882
(33,206)
RECONCILIATION OF FUNDS
Total Funds blfivd January I"
130,189
146,972
747,294 1,024.455 1,057,661
Total Funds clfwd December 3 I"
The notes on pages 9 to 22 fonn part of these financial statements. The
statement of financial activities includes all gains and losses recognised in
the year. All income and expenditure derive from continuing activities.
The comparative fund analysis for 2020 is given in note 10(a).

ST. MARTIN'S, DORKING Jvitb ST. MARY'S, PIXHAM
Balance Sheet
at 31" December 2021
Unrestricted Resiri¢ted Endowment
Funds
Funds
Funds
TOTAL
2021
TOTAL
2020
Note
FIXED ASSETS
Investment Property
Investments
340.000
340,000 1 340.000
560 246 ,: 493 321
109 075
TotalfL¥ed ossels
109 075
791 171
900 246 , 833 321
CURRENT ASSETS
Debtors and prepayments
Investments (short teTm)
Cash at bank and in hand
2,421
25.468
437
2.858
2.736
30.809
30.792
201280 1 167 000
5,341
172 313
Total eiirren¢ assels
47,520 178,091
9,336
234,947
200.528
LIABILITIES
Creditors.. due in l year
]Ve¢ ciirrenl assets less liabililies
37664 178 09
9336 ￿1.
tal
146 739 178
1 80050
Unreslri¢led Resiricted Endowment
Funds
Funds
Funds
TOTAL
2021
TOTAL
2020
CHARITY FUNDS
Unrestricted Funds:
General Fund
Legacy Fund
Restricted Funds
146,039
700
146.039
129,489
700
178,091
178,091
146,972
Endowment Funds..
pcc
Other Charity
5(a.b)
5(c)
436,288
364,219
436,288
364,219
425,357
321.937
The notes on pages 9 to 22 forni part of these financial statements. The accounts were approved
by the Parochial Church Council on
2022, and signed on its behalf by

ST. MARTIN'S, DORKING wlth ST. MARY'S, PIXHAM
Notes to the Flnancfial Statements for the year ending December 31 2021
I. ACCOUNTING POLICIES
l(a) Basis of Financial Statements
The PCC is a public benefit entity within the meaning of FRS102. The financial statements
have been prepared under the Charities Act 2011 and in accordance with tbe Church
Accounting Regulations 2006 governing the individual accounts of PCCS, and with the
Regulations true and fair view, provisions. They have been prepared under FRS102 (2019)
as the applicable accounting standard5 and the 2019 version of the Statement of Recommended
Practice, Accounting and Reporting by Charities (SORP(FRS102)).
The financial statements include all transactions, assets and liabilities for which the PCC is
responsible in law. They do not include the accounts of church groups that owe their main
affiliation to another body, nor those that are infornial gatherings of Church Memb￿5.
These financial statements include the financial results and ￿Trds of St. Mary's Church.
Pixham. St. Mary's is the daughter church of St. Martin's Church, Dorking and the two
churches together constitute the Parish of St. Martin's. Unlike St. Martin's Church, St. Mary.
Church does not have any separate Endowtnent Funds.
Following the practice started for 2006, these statements consolidate the account5 of other
Charities under the control of the Vicar and Churchwardens which support the work of the PCC
and its public benefit.
Judgements made by the Tmstees. in the application of these accounting policies that have
significant effect on the financial statemenls and estimates with a significant risk of material
adjustment in the next year are deemed to be in relation to the valuation of investments and are
discussed below.
l(b) Going Concern
The Tn￿teeS consider there are no material uncertainties about the Charity's ability to continue
as a going concem. The review of our financial positiotL reserves level and future plans gives
Trustees confidence the Charity remains a going concern for the foreseeable future.
l(c) Fund Accountlng
Endowmentfunds are funds, the capital of which must be retained either pemianently or at the
PCC'S discretion. the income derived from the endowment is to be used either as restricted or
unrestricted income funds depending upon the purpose for which the endowtnent was
established in the first place.
Restricledfunds comprise (a) income from endowments which is to be expended only on the
restricted purposes intended by the donor, and (b) revenue donations or grants for a specific
PCC activity intended by the donor. Where these funds have unspent balances. interest on their
pooled investment Is apportioned on an average balance basis.
Unrestrictedfunds are income funds which are to be spent on the PCC'S general puryx)ses.
l(d) In¢ome
Planned giving, collections and similar doThation5 are recognised when received. Tax refunds
are Tecognised when the incoming resource to which they relate is received. Grants and
legacies are accounted for when the PCC is legally entitled to use ofthe resources, their
ultimate receipt is considered probable and the atnounts due are reliably quantifiable.

ST. IKARTIN'S, DORKING with ST. MARY'S, PIXHAM
Dividends are accounted for when declared receivable, interest as and when accrued by the
payer. Clain]s for refunds of VAT under the Listed Places of Worship Scheme are accounted
for when the amount of refund is known. All incoming resources are accounted for gross: this
Includes property income which is received from the letting agent net of nwiagement fees and
minor iepaits carried out through them.
l(e) Expenditure
Grants and donations are accounted for when paid over, or wben awarded if that award creates
a binding or constntctive obligation on the PCC. The Diocesan Parish Share expected to be
paid over is accounted for when due.
All other expenditure is generally recognised when it is InCu￿ed and is accounted for gross.
l(Q Fixed Assets
Consecrated and benefjced property is nol included in the accounts in accordance with the
provisions of s.10(2)(a) and (c} of the Charities Act 2011.
Recent policy bos be¢n for indtvidual items with a purchase pri¢e of less than £1.500 to be
written off in the year in which the expenditure is incu￿ed. Othenvise the equipment would be
depreciated on a straight line basis over 3 to 5 years.
l(g) Consolidation of Separate Charities
These accounts continue to consolidate the finances of four Separately registered charities
under the control of ihe Vicar and Churchwardens for the benefit St. Martin's. This first took
place in 2006. The four charities are..
George White
258992. Endowment
Spratley Twst
205917, Endowm¢nt
West Lodge
311976, Endowment
Sunday School
1002099, Restricted
Both the George White and the Spratley Trust have unspent investment income: this is included
in the accounts as part of Restricted funds.
l(h) Investment5
Quoted investments are included in the financial statements at market value at the balance sheet
date. Where "bid" values have been provided these have been used rnther than "mid-market"
ones as this is the value that would be obtained if the investlnent were sold.
Clergy Expenses
Church and Churchyard Maintenance
Clergy Costs
Education & Youth
Realised and unrealised gains and losses on revaluation and disposals occurring in the year are
reported in the statement of financial activities.
The investment property is shown at its purchase price when bought in July 2016.
l{1) Financial instruments
Basic fmancial instruments are initially recognised at transaction value and subsequently
measured at amortised with the exception of investments which are held at fair value.
Finan¢ial assets held at amortised cost comprise cash at bank and ITr hand, together with trade
and other debtors. A specific provision is made for debts for which recoverability is in doubt.
Cash at bank and in hand is defined as all cash held in instanl access bank accounts and used as
w0￿1ng capital. Financial liabilities held at anlortised cost comprise all creditors except social
security and other taxes and provisions.
10

ST. MARTIN'S, DORKING with ST. MARY'S, PIXHAM
Ili) Debtors
Trade and other debtors are recognised at tbe settlement amount due after any trade discount
offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
l{k) Cash at bank and An hand
Cash at bank and cash in hand includes cash and short term highly liquid investments.
10) Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting
from a past event that will probably result in the tratEsfer of fvnds to a third party and the
amount due to settle the obligation can be measured or estimated reliably. Creditors and
provisions are nonnally recognised at their settlement amount after allowing for any trade
discounts due.
l(m) Estimates and Judgemellts
Estimates and judgements are continually evaluated and are based on htstorical experience and
other factors, includ&ng expectations of future events that a￿ believed to be reasonable under
the circumstances. Although these estimates are based on the t￿stee'S best knowledge of the
amount. events or actions, actual results ultimately differ from these estimates. The Trustees
do not consider there to be any material estimates and judgements.

ST. MARTIN'S, DORKING with ST. MARY'S, PIXHAM
Endow-
Jnellt
Funds
2. INCOME & ENDOWMENTS Unrestricted Restricted
Funds
Fund
TOTAL
2021
TOTAL
2020
2(a) Donations and Legaci
Planned giving..
Donations
Tax recoverable
Collections (open plate)
Charity speciflc collections
Donations etc
Friends of St Martin's
Mole Valley
I£gacies
46.812
12,044
2,498
537
3,148
46,812
2,355
2,498
537
3,464
48,176
12,621
2,308
311
316
5,496
669
2,300
2,300
2,300
117966 1
2(b) Irtcomefrom church activitiey
Church Magazine
PCC fees for weddings etc
Other activities
3.469
2.123
100
3.469
2.123
loo
3.605
1.492
15
2(c) Other trading aclivilies
Event5
Hire of St. Martin's
Ilire of Pixbam
200
995
600
800
995
292
38S
600
080
2(d) Incomefrom investments
Unrestricted fund- General
Unrestricted fund- Legacy
Unrestricted fund- Property
Restricted ￿ndS (Note 8)
PCC Endowments (Note 9)
Otlier Charities (Notes 8,9)
2,788
2,7881
2,808
15.000
15,000 1
14,975
22
2.134
2.209
2(e) Oiher
HMRC JRS Grant
VAT Refund, LPOW
3,503
3,503
5,168
Total income:
124,802
43.108
167,910
120.047
Total oypendilure (see note 3)..
121.964
11.989
133,953
126,382
Ineoine les$ 4ypenditiire
2,838
31,119
33,957 ',
(6,335)
12

ST. MARTIN'S, DORKING with ST. MARY'S, PIXHAM
Endow-
ment
Funds
3. EXPENDITURE
Ur￿¢Stricted Restricted
Funds
Funds
TOTAL
2021
TOTAL
2020
3{a) Chttrck actiyiti
Missionary & Charitable:
OverJeeas Chur¢hes
Home Missions & Other
Mtnistry.. Parish Share
Vicarage & Parsonage
Expenses & VisAting
Church running expenses
Church{yard) maintenance
Choir, Organists & Music
Sanctuary
Outreachlworshiplyouth
SUB-TOTAL
Office costs & Administrator
Governance
536
65,361
875
536
70.468 1
875
37
13,891
12,433
8,738
532
783 1
5,107
67,601
176
1.372
13,090
11.652
9.718
275
135
37
13,891
3,989
8,738
532
450
98.710
14,460
9,583
2.406
108,293
16,866
104.019
14,178
114430
126 419
119457
3(b) Fund raisEng costs
Church Magazine
Property expenses
1,850
1,850
1,606
3{c) Oiher
Fabric Developments
Refund to Friends re VAT
Total expenditure
121,964
11,989
133,953
126,382
13

ST. MARTIN'S, DORKING with ST. MARY'S, PIXHAM
4(8) STAFF COSTS
TOTAL | TOTAL
2021
2020
Salaries, Tax, National Insurance and
Pension Contributions included in
Expenditure, Note 3 above
IL￿1 J£
During the year St. Martin's employed part time Church Administrators and a new Director of
Music. St. Mary's was supported part time by a pianist and a cleaner, for which honoraria were
paid. Together these appointments equate to less than one full time employee. None of these
people eamed £15,000 per annum or more. The George White Trust contributed £2.406 towards
administration costs (2020.. £598). Claims were submitted under the Government's Coronavirus
Job Retention Scheme and £3.503 was receiv￿ (2020.. £5.168). Staff continued to be paid in full.
A defined contribution pension Scheme with Nest has been seknp lo meet obligations under Auto
Enrolment. No-one has been paid at a level requiring enrolment but two people were opted in
during 2020. Employer pension contributions totalling £280 were paid and this atnount is
included in the above total (2020-. £180).
Accrued but not-taken holiday entitlement at the end of 2021 amounted to thTee days (2020 four
days): being insignifEcant no adjustments for this have been made in the accounts.
The key management personnel comprise the incumbent and churchwaTdens. The incumbent is
paid by the national church at a salary set and Teviewed annually by the Diocese of Guildford.
The Churchwardens are unpaid volunteers. Thus the total remun¢ration paid to the personnel is nil
(2020-. nil).
Many people volunteer their services to support the work of the church. It 15 impTa¢tical to give a
figure for the effort involved, but it is likely to be the equivalent of several full-time posts.
4{b) PAYMENTS TO PCC MEMBERS
A small immaterial portion of the expense5 paid to the Incumbent may have related to his services
as Chairman of the PCC. Similarly, a small immaterial portion of expenses paid to Clergy may
relate to services as a member of the PCC. The Verger receives some fee5 in relation to
funeralslweddings but no payment as a member of the PCC.
No other payments or expenses were paid to any other PCC member. persons closely connected to
them or related persons. An unquantifiable amount of expenses may be unclaimed being regarded
as a donation to the work of the church. It is not felt that tbe value of these is significanl.
14

ST. MARTIN'S, DORKING wlth ST. MARY?S, PIXHAM
5. FIXED ASSETS
Pro
Investment
From a 2014 bequest: Flat at
64 Hill View, Dorking bought 2016
Unrestricted Restricted Endowrnent
Funds
Funds
Funds
Book value l January 2021
Book value 31° December 2021
See also notes 9(a) and 11.
InveslmentAsse(s
Note 9a
l Unrestricted Restricted Endowment
Funds
Funds
Funds
Invesled wilh the Cenlral
Board ofFinance."
No. of
Shares
Cosl
Curatelclergy Funds
Mrs Lloyd Bequest
Turvill Bequest
Fabric Fund
2,152
1.177
62
1,106
37
50,328
2,713
24.135
9,776
1.032
418
V&CW General
4,064
Market Value 1° January 2021
Unrealised gains (losses) in Market Value
Market value 31" December 2021
95,363
76,021
Other Chari
Investments..
Note 9b
l Unrestricted Restricted Endowment
Funds
Funds
Funds
Invesled wilh CCLA or
M&G Charifvnd..
No. of
Unils /
Shar
5,934
715
10,228
Cost
George White, CCLA
George White. CCLA
George White, M&G
Tolal
7,864
14,683
159 168
181,715
101,986
Spratley, CCLA
West Lodge. M&G
4,966
5.174
4,713
nknown
Market Value I" January 2021
Net unrealised gains (losses) in Market Value
Market value 31° December 2021
321,937
15

ST. MARTIN'S, DORKtNG Tvlth ST. MARY'S, PIXHAM
6. ANALYSIS OF LIABILITIES,
DEBTORS AND PREPAYMENTS
Unrestricted Restricted Endowrnent
Funds
Funds
Funds
Debtors and prepayments:
Tax recoverable
Other debtors
Accrued interest (George White)
Prepajinents
Tot21
Ltabililies..
Accruals for utilities etc
Income in advance
Total
1,176
1,245
435
437
9,010
846
7. UNRESTIUCTED FUNDS
BIFwd
Jan I"
Transfers
Out
Gainsl
sses
C/Fwd
FIiAds 2021
lllu)me
St. Martin's Generdl
St. Mary's General
Total General
106,753 118,506 (117,679)
13,712
121,292
129.490 124.799 {121.964)
699
13.712
146,037
702
St. Martin's Legacy
24
12
Note:
BIFwd
Jan I,
eiIn
enditUTe
Transfers
OLTt
Gainsl
losses
Cffiwd
Dec 315t
Si. Martin's Total
(General + Legacy)
Si. Mary's
107,452
830
13,712
121,994
22.737
2.008
24, 745
B/Fwd
Janl
Transfers
Out
Gainsl
losses
CIFwd
Fuitds 2020
Inc
ndsture
St. Martin's General
St. Mary's General
Total General
117,585
94,171 (111,163)
6,160
106,753
137.247 102,751 (116.668)
696
6.160
129,490
699
St. Martin's Legacy
Note:
B/Fwd
Transfers
Gainsl
CIFwd
De¢31s
en
St. Martin's Tolal
(General + Legacy)
Si. Mary's
118,281
(J6,989)
6,160
107,452
19.662
3.075
22,737
16

ST. MARTIN'S, DORKING Jvith ST. MARY'S, PIXHAM
8. RESTRICTED FUNDS
2021
St. Martin's-
Stnielure/Repair Funds..
Development
Fabric
Redecoration
Stonework
BIFwd InvestTE]ent
Other
TransfeTS
ctFwd
224
910
820
693
224
24,660
820
693
25,000
(1.250)
Sub-totals- Fabric (#]).'
St. MarÉin s -
OÈherRestricted..
Cooper (Choir Courses)
Kneeler
Organ
Vestment
Youth
379
379
156
3,768
149
156
3,770
465
316
Sub-totals: Other(#2).'
316
St. Martin s sumn￿ry..
Restricted- Fabric (#])
Restricted- Other (#2)
Endowment- Curate
Endowment- Lloyd
Endowment- Turvill
Endowment- Fabric
2,647
4,459
25.000
316
(1.250)
26,397
4,777
1,279
69
613
248
(1,279)
256
2277
325
2,890
248
Sub-totals (#3)'.
Separate chariti￿..
George White, 258992
Spratley Trust. 205917
West Lodge. 3 k1976
Sub-totals (#4):
65,229
441
8,181
2,626
(2,443)
(2,490)
70,967
577
Overall Totals:
St Martin's Sub-totals (#3)
Charities Sub-totals (#4)
Sunday School. 1002099
SL Martin's Total
9,639
65,670
2.211
14,636
34
25.316
(2.777)
(8,762)
450
34.389
71,544
139,623
16,881
25,316
{11,989)
169.831
SL Mary'5 Fabric
Total Restricted Funds 1gA211 2L2L7
911
Note: Total restricted income including that from investrnents= £16,881 + £26.227 =
(a) Please see Note 9 regarding the trealment of income from Endowment Funds.
(b) The Sunday School Fund is for Education and Youth purposes.
(c) Investment income is shown as £0 Whe￿ the Amount r¢ceived was much less than £1.
(d) The comparative analysis for 2020 is given in nole 10(b).
43
17

ST. MARTIN'S, DORKING with ST. MARY'S, PIXHAM
9. ENDOWMENT FUNDS 2021
The comparative analysis for 2020 is given in note 10(c).
PCCEndoivnieni Funds..
BIFwd
Net Income Market Value
CIFwd Investment
Janl" Adustment Dec318t',
endtture
Income
Curate Funds:
Curate Funds
Mis Lloyd's Bequest
Turytll Bequest
Sub-Total
44,001
2.372
6,327
341
50,328 5
1,279
69
613
1.961
248
67.474
8,547
349 336
9.702
1,229
77.176 |
9,776 |
349 336
Fabric Fund
Legacy Fund Wote 11)
The Curate and Fabric Funds derive from legacies, tbe capital of which ts required to be maintained
intsct. The income derived from the endowed c2pital is restricted, being only available for spending
on the PUTpose(s) specified in the originating Will or Trust Deed. The investment income from these
nds was paid direct to ihe PCC, and is included in the Statement of Financial Activities in the
"Restricted Funds" column - see Note 2(d) above. It is available (and is so used) to defray Clergy
¢ostS, OT contribute towards Fabric upkeep as appropriate. The only movement on these Endowment
Funds during the year was the unrealised gain on these investments of £1 0,931. The Legacy
Endowment Fund is an expendable endowmenl where initial costs of sale or purchase and any
deposit interest were been included within the ￿nd.
Other Chari
Endowiiients..
The Chur¢h is also the benefi¢iaiy of ¢ert2in other Trusts, being separately registered Charities. The
investEnent income is regarded as "Restricted Funds" in the Same way as the PCC Endowments.
BIFwd Market Value
C/Fwd ,' Investment
Jan I"
Ad'usthlent
Dec 31"
Income
George White, 258992.
Clergy Expenses
Sprdtley Trust, 205917,
Church & Churchyard Maint
West Lodge. 311976.
Defray Clergy Costs
161,653
20.063
181,716
8.181
89,267
12,718
101,985
2.626
Note 2(d), Other chartty income total, also includes Sunday School investment income of £34.
Totals o
Éhe above."
B/fivd
Jan I,
Income Market Value
CIFwd :. Investment
¢nditure
Ad-ustment De¢ 31,
Income
PCC Endowments
Other Endowments
425.357
321937
10.931
436.288
2.209
18

ST. MARTIN'S, DORKING Ivith ST. MARY'S, PJXHAM
10. PRIOR YEAR DETAILS
SOFA 2020
Statement of Financial Activities for 2020
Unrestricted Restricted Endowment
Funds
Funds
Funds
TOTAL
2020
Not¢
INCOME & ENDOWMENTS:
Donations and Legacies
Church aclivilies
2(a)
2fb)
71,649
5,112
3,039
17.786
984
72.633
Other trading activities
In￿lMentS
250
3.289
33,845
2(d)
2(e)
16.059
Other
Total
102 754
120 0471
EXPENDITURE ON:
Church activities
3{a) (109,743) (9,714)
3(b)
(6.925)
3(c)
(119,457)
(6,925)
Raisingfvnd
Other
Total
116668
12
Net ineome / {expenditure)
before investment galns
Gains on investment assets
(13.914)
7,579
(6,335)
Net movement in funds
(7,754)
7,579
(33.031) (33.206)
RECONCILIATION OF FUNDS
Total Funds blfivd January I
137.943 139.393
780,325 1.057.661
ToÉal Funds clfwd December 31
19

ST. MARTIN'S, DORKING with ST. MARY'S, PIXHAM
io
RESTRICTED
FUNDS 2020
Si. Martin's -
SÈrncture/Repair Funds..
Development
Fabric
Redecoration
Roof Repair
Stonework
BIFwd Investment
Other
Income
Transfers
C￿wd
¢31
endi￿re
224
150
816
208
693
224
910
820
910
(150)
(208)
693
Sub-totals." Fabric (#/).'
St. Martin s -
Other Reslricled..
Cooper (Choir Course5)
Kneeler
Organ
Vestment
Youth
091
47
377
379
156
3,752
149
156
3,768
149
16
Sub-totals: Other(#2).'
Si. Martin's summary..
Restricted- Fabric (#])
Restricted- O¢her (#2)
Endowment- Curate
Endowment- Lloyd
Endowment- Turvill
Endowment- Fabric
2,091
4,441
910
(358)
2,647
4,459
18
1,235
67
592
240
(1,235)
189
1.685
256
2,277
240
Sub-totals (#3):
Separate Charilies..
George White, 258992
Spratley Trust, 205917
West Lodge, 311976
Sub-totals (#4):
59,554
366
7,589
2.575
(1,914)
(2,500)
65,229
441
St Martin's Sub-totals (#3)
Charities Sub-totals (#4)
Sunday School. 1002099
St. Martlll's Total
8,406
59,920
2,156
13.631
272
910
(1.833)
(7.881)
9,639
65.670
132,368
16.059
910
(9,714)
139.623
St. Mary's Fabrlc
Total Restricted Fund5
324
Note: Total restricted tncome including that from investments: £16.059 + £1,234= £17 29
(a) PKease see Note 10(c) regarding the treatment of income from Endowment Funds.
(b) The Sunday School Fund is for Educatton and Youth purposes.
(c) Investment income is shown as £0 where the amount received was much less than £1.
20

ST. MARTIN'S, DORKING with ST. MARY'S. PIXHAM
ENDOWMENT FUNDS 2020
PCC Endowin£nts 2020..
BIFwd
Net Income Market Value
CIFwd ,, Investment
Janl" Ad'ustment Dec31st
nditure
Income
Curate Funds:
Curate Funds
Lloyd's Bequest
Turvill Bequest
Sub-Tolal
41,159
2,218
2,842
154
44,0011
2,372
1,235
67
592
1.894
240
63.115
7,995
349 336
4.359
552
67,474
8.547
349 3361
425 3571
Fabric Fund
Legacy Fund (Nole Jl)
The Curate and Fabri¢ Funds derive from legacies, the capital of which is required to be maintained
intact. The income derived from the endowed capital is restrictd, being only available for spendiDg
on the purpose(s) specified in the originating Will or Trust Deed. The investment income from these
funds was paid direct to the PCC, and is included in the Statement of Financial Activities in the
"Restricted Funds" column - see Note 2{c) above. It is available (and is so used) to defray Clergy
costs, or contribute towards Fabric upkeep as appropriale. The only movement on these Endowment
Funds during the year was the unrealised gain on these investments of £4,91 l. The Legacy
Endowment Fund is an expendable endowment where initial Costs of sale or purchase and any
deposit interest were been includ¢d within tbe fund.
Other Chari
Endownients 2020..
The Church is also the beneficiary of certain other Trusts. being separately registered Charities. The
investment income is regarded as "Restricted Funds", in the same way as the PCC Endowments.
BIFwd Market Valuc
C/Fwd i Investment
Jan I.
Ad'ustment
Dec31 1
Income
George White, 258992,
Clergy Expenses
Spratley Trust. 205917.
Church & Churchyard Maint
West Lodge, 311976,
Defray Clergy Costs
190,076
(28,423)
161.653 1
7,589
83,879
5.388
89,267
2,575
63
ToÉals o
the above 2020..
BIFwd
Jan I"
Income Mark¢t Value
C/Fwd I Investment
enditure
Ad ustment Dec 31"
Income
PCC Endowments
Oiher Endowments
420,446
359 879
4,911
425,357
321937
2,134
15
21

ST. MARTIN'S, DORKING Ivith ST. MARY'S, PIXHAM
11. OTHER DISCLOSURES
Legacy Endownieni Fund
The proceeds from the sale of the property bequeathed to the PCC (see ihe accounls for 2014)
were used to purchase a buy-to-let flat in Dorking. Some of the restdue was used to meet the
costs of purchase and initial running costs. The balance is Tetained at year end and is available
to meet further property maintenance costs. Letting income and nonnal letting expenditure is
accounted for withtn the general fund.
Donations aAd ar-gruÉiapayiiients
During the period of office of the PCC members regarded as charity trustees, they or Iheir close
family members made donations for general purposes totalling £23,790 during 2020
(2020: £23.790) and a further £nil in respect of specifjc collections (2020 nil). This in¢ludes
standing order and identifiable envelope giving but not anonymous open plate donations.
Donations made in the calendar month of starting or leaving offjce as trustee are included in tbe
total. No donations were made with conditions attached which require the Charity to alter ils
existing activities.
No ex-gratia payments have been made {2020: nil). No terniination or redundancy payments
have been made {2020- nil).
LocalAuthority Grant$ reeeivéd
The PCC receives an annual grant awarded for a three year period in respect of the closed
Churchyard. This amounted ÈO £2,300 ID 2021 (2020.. £2.300). An applicatton will be made
later in 2022 for grants for the next three year period stsrting 2023.
Otlter Graiii Inctsine
The Friends of St Martin's Church Dorking (Regtstered Charity 283966) provided funds
totalling £nil to help wtth costs on fabric developments (2020: £669).
Granl eypendilure
The PCC often gives a grant from restricted Education and Youth funds to the St Martin's
School Dorking Trnst lo contribute a proportion of the costs of a residential trip for pupil(s).
This enabled them to take part. A contribution of £450 was patd in 2021 (2020.. nil, no trips
took place). None of th¢ pupi15 50 supported are related to PCC members.
OoOoOoO
22