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2020-12-31-accounts

Team Rector: Parish Administrator:
The Revd Deborah Smith Mrs Diane Sinclair
The Rectory C/o The Rectory
84 South Street
Bridport
DT6 3NW
Hon. Secretary: (Retired 31.12.2020) Hon. Treasurer: (Retired 20.10.2020)
Mrs RRussell Mr A Paul FCCA
31 Burton Road 24 Osbourne
Road
Bridport
DT6 4JD		 Bridport
DT6 3AN
Lead Bankers: Independent
Examiner:
National
Westminster		 Bank pic Scott Vevers Ltd
Lloyds Bank pic 65 East Street
TSBpic Bridport
CCLA Dorset DT6 3LB

Team Rector: Team Rector: The Revd Deborah Smith
Chariman
Team Vicar: The Revd Peter Stone
Assistance Curate The Revd Lorna Johnson
Assistance Curate The Revd Helen Croud Ordained
Deacon September 2020
Hospital Chaplain: The Revd Philip Ringer Ex-officio; Clergy rep on Deanery Synod
Wardens: Mrs Jo George
Mrs Lesley Hill
Mrs Heather Purse
Mrs Lyn Roe Until 20.12.2020
Mrs Madeleline
Sturrock		 Until 20.10.2020
Mr John Adams
Mr Chris Wellman-Herold
Chapel
Warden:		 Mrs Rosemary
Russell		 PCC Secretary until 31.12.2020
Vice chariman Vacant
5Representatives Mrs Caroline Cooke Until 20.10.2020
on the Deanery Mr Peter Carnell Until 20.10.2020
Synod.
(Term ofOffice Mrs Jean Filby Re-elected 20.10.2020
APCM 2020- Mr Alan Paul Re-elected 20.10.2020
2022) Mr Alan Paul also served as Treasurer and retired
on 20.10.2020
Three vacancies
Elected members: Mr Peter Carnell From APCM: 20.10.2020
Ms Julie Gardner From APCM: 20.10.2020
Mrs Sue Pollock
Mrs Christine
Ringer		 Until 20.10.2020
Mrs Madeleline
Sturrock		 From APCM: 20.10.2020
Mrs Bridget Trump From APCM: 20.10.2020
Mrs Sue Wellman-Herold
Mrs Rosemary
Windsor
Mr Mike Thomas
Mr Max Watters

Retired Ministers The Revd Ann Ayling
with PtO The Revd Janis Moore In attendance for some meetings
The Revd Kay Watters
The Revd Dan Shackell

State ment of Financial Activities for th e Year Ended 31December 2 020
Unrestricted Restricted Endowment Total Total
Note Funds Funds Funds 2020 2019
Income and Endowments:
Voluntary
income		 2a 163,869 52,707 216,576 185,644
Activities for generating funds 2b 15,552 3,284 18,836 36,452
Income from investments 2G 17,850 1,413 19,263 16,015
Church activities 2d 11,962 335 12,297 28,488
Other incoming resources 2e 5,088 102 5,190 3,987
Total income 214,321 57,841 272,162 270,586
Expenditure
on:
Church activities 3a 204,359 15,269 219,628 314,649
Raising funds 3b 76 76 976
Total expenditure 204,435 15,269 219,704 315,625
Net income&(expenditure) before 9,886 42,572 52,458 (45,039)
investment
gains
Net gains on investments 6b 38,724 6,941 721 46,386 223,212
Net income 48,610 49,513 721 98,844 178,173
Transfer between
funds		 10 1,293 (1,293)
Net movement
in funds		 49,903 48,220 721 98,844 178,173
Total Funds brought
forward		 732,408 268,007 10,779 1,011,194 833,021
Total Funds carried forward 10 782,311 316,227 11,500 1,110,038 1,011,194
Note Unrestricted Restricted Endowment Total
Funds Funds Funds 2019
Income and Endowments. "
Voluntary
income		 2a 162,108 23,536 185,644
Activities for generating funds 2b 32,996 3,456 36,452
Income from investments 2G 14,701 1,314 16,015
Church activities 2d 27,792 696 28,488
Other incoming resources 2e 2,403 1,584 3,987
Total income 240,000 30,586 270,586
Expenditure
on:
Church activities 3a 268,799 45,850 314,649
Raising funds 3b 946 30 976
Total expenditure 269,745 45,880 315,625
Net income(expenditure) before (29,745) (15,294) (45,039)
investment
gains
Net gains on investments 6b 203,934 17,593 1,685 223,212
Net income 174,189 2,299 1,685 178,173
Transfer between
funds
Net movement
in funds		 174,189 2,299 1,685 178,173
Total Funds brought
forward		 558,219 265,708 9,094 833,021
Total Funds carried forward 10 732,408 268,007 10,779 1,011,194

Note 2020 2019
Fixed assets
Tangible assets 6a
Investments 6b 666,153 619,767
666,153 619,767
Current assets
Stock
Investments
Debtors and prepayments 19,624 31,318
Short term deposits 245,141 257,935
Cash at bank and in hand 237,422 167,615
502,187 456,868
Creditors: Amounts falling due within one year 58,302 65,441
Net current assets 443,885 391,427
Total assets less current liabilities 1,110,038 1,011,194
Net assets 1,110,038 1,011,194
Funds ofthe charity:
Parish Funds
Unrestricted funds 782,311 732,408
Restricted funds 316,227 268,007
Endowment 11,500 10,779
Total Funds 1,110,038 1,011,194

2 Income and endowments Income and endowments Income and endowments Unrestricted Restricted Endowment Total Total
Funds Funds Funds 2020 2019
2a Voluntary
income:
Planned
giving:
Gift Aid Donations 96,312 1,623 97,935 91,588
Tax recoverable except Cupboard Love 18,665 92 18,757 29,706
Other 22,965 100 23,065 8,860
Collections 3,669 150 3,819 33,025
Grants 4,387 1,445 5,832 4,325
Donations,
appeals, income tax		 7,899 5,702 13,601 2,374
Cupboard Love 43,595 43,595 15,516
Legacies 9,972 9,972 250
163,869 52,707 216,576 185,644
2b Activities for generating funds:
Fetes, bazaars and fund-raising 4,151 398 4,549 11,544
Parish Magazine - The Bridge 7,978 2,886 10,864 13,554
Fund-raising
books, magazines		 86 86
and publications
Hall lettings 3,337 3,337 11,354
15,552 3,284 18,836 36,452
2c Income from investments:
Dividends 9,872 997 10,869 10,710
Bank and other interest 768 416 1,184 2,080
Rent from investments 7,210 7,210 3,225
17,850 1,413 19,263 16,015
2d Incoming resources fiom Church activities:
Fees for wedding and funerals 11,962 335 12,297 28,488
11,962 335 12,297 28,488
2e Other incoming resources:
Insurance
claims		 1,386
VAT refunds 5,088 102 5,190 1,017
Friends organisations 1,584
Other
5,088 102 5,190 3,987
Total Income 214,321 57,841 272,162 270,586

3 Expenditure Expenditure Unrestricted Restricted Endowment Total Total
Funds Funds Funds 2020 2019
3a Church actitivies:
Missionary
and charitable		 giving:
Missionary
societies		 279 279 2,575
Relief and development agencies 545
Home mission
and other		 Church societies 289 3,238 3,527 2,814
Cupboard Love 2,271 8,427 10,698 8,804
Secular charities 1,029 361 1,390 4,588
Total giving 3,868 12,026 15,894 19,326
Ministry:
Diocesan parish		 share 108,527 108,527 104,957
Other Ministry
costs		 1,078
Church running
and maintenance		 48,111 184 48,295 56,832
Major repairs 408 408 61,515
Depreciation
on equipment
Training
including
Sunday School		 600 600 360
Books, magazines
and		 publications 165 165
Cost ofTeam Magazine "The Bridge" 9,519 938 10,457 12,973
Churchyard 5,575 1,445 7,020 12,085
Church hall/vestry
running		 costs 1,478 1,478 4,723
Upkeep ofother PCC property 16 16 4,246
Fees to organists 6,324 268 6,592 12,845
Fees to choirs, bellringers k vergers 2,959 2,959 2,763
Team office 2„283 2,283 1,263
Team administrator 8,443 8,443 8,881
Print, postage, stationery and sundries 6,139 6,139 10,300
Bank charges 352 352 502
Retreats, Pilgrimages, etc
200,491 3,243 203,734 295,323
204,359 15,269 219,628 314,649
3b Raising funds:
Stewardship
costs
Costs ofappeals
Cost offetes 8r, other fund-raising events 76 76 875
Cost ofdiaries and goods sold 101
76 976
Total Expenditure 204,435 15,269 219,704 315,625

4 Analysis of Expenditure including including Allocation ofSupport Costs Allocation ofSupport Costs
Direct Support Total Total
Costs Costs 2020 2019
Church running
and maintenance		 48,111 184 48,295 56,832
2020 2019
Accountancy Fee 690
Independent Examination 2,190 2,595
4a Charitable Payments 2020 2019
Charitable
items to families and		 individuals 5,370 5,283
Additionally our Cupboard Love Food Bank distributes substantial donated produce.
5 Staff Costs 2020 2019
Wages and salaries 15,938 30,120
Social secruity costs
15,938 30,120
Average number ofemployees - full time equivalents

Related Parties Related Parties
Payments
to PCC members
or their related		 2020 2019
persons for fees and services were:- K
Team - Revd P Stone (re family member organist) 2,850 1,444
Bothenhampton; Mr D Odell (Verger) 100
5 trustees were paid in aggregate 21,140in respect oftravel during the year. (2019:3 trustees f962)

Notes to the Financial Statements
for t		 he year ended 31December 2020
6 Fixed Assets
6a Tangible Fixed Assets Copier Total
Cost
At 1st January 2020 3,420 3,420
Additions
At 31stDecember 2020 3,240 3,240
Depreciation
At 1st January 2020 3,420 3,420
Charge for the year
At 31stDecember 2020 3„420 3,420
Net Book Value
At 31stDecember 2020
At 31stDecember 2019

Investm ents 2020 2019
Market value at 1st January 619,767 396,555
Revaluation gains&(losses) 46,386 223,212
Market value at 31st December 666,153 619,767
The investments are:
Year of 2020 2019 2020 2019
Purchase Original Original
Cost Cost Valuation Valuation
St Swithun's Allin on
Legacy Investment:CBF Investment Shares 1822 Various N/a N/a 37,326 34,925
1722 1997 15,000 15,000 35,278 33,001
1806 2015 20,000 20,000 36,999 34,621
5062 2017 80,618 80,618 103,703 97,035
10412 213,306 199,582
Fabric Fund - CBF Property Income Shares 14250 2018 20,042 20,042 18,440 19,405
Nadia Muton Fund:CBF Investment Shares 3356 Various N/a N/a 68,761 64,332
426 1997 3,896 3,896 8,728 8,]66
370 1998 3,896 3,896 7,581 7,083
325 2000 3,896 3,896 6,659 6,239
329 2001 3,847 3,847 6,741 6,304
383 2002 3,840 3,840 7,847 7,343
423 2004 3,846 3,846 8,667 8,114
385 2006 3,846 3,846 7,890 7,387
At 31stDecember 2020 5997 122,874 114,968
Total CBFInvestment Shares N/a N/a N/a 354,620 333,955
Bequest
Cox Charity: COIF Income Shares N/a 1870 100 100 4,719 4,435
Total 359,339 338,390
Hol
Trini		 Brad ole
Lloyds Bank Shares 81 1998 Nil Nil 33 33
[Ex.HBOS Shares —bequeathed 9 Sep, '98]
Total 33 33
St Mar 's Brid ort
Cox's Trust, CBF Investment Shares 331 N/a 300 300 6,781 6,344
Total 6,781 6,344
St Ma 's Walditch
School House, Professionally revalued in 2020. N/a N/a N/a 300,000 275,000
Total 300,000 275,000
666,153 619,767

7 Debtors and Prepayments 2020 2019
Income tax recoverable 12,441 26,962
Prepayments 2,016 1,888
Other debtors 5,167 2,468
19,624 31,318
8 Liabilities 2020 2019
Amounts
falling due within one		 year:
Accurals 8,369
Creditors for goods and services 3,049 34,751
Other creditors 46,884 30,690
58,302 65,441
9 Funds: 2020 2019
Restricted Funds:
StSwithun's, Allington Nadia Muton Fund - restriction St Swithun's 122,874 114„968
Repairs fund 19,144 19,633
Cox's Charity fund 629 493
Various minor funds 2 271
142,649 135,365
Holy Trinity, Bothenhampton Flower, Choir, Sound 246 246
Churchyard
Servery 500 500
"Ball"Church Building Fabric Fund 95,405 95,043
96,151 95,789
Holy Trinity, Bradpole Various minor funds 523 523
523 523
StMary' s, Bridport Stonework 5,555 5,555
Fabric 4,171 4,722
Altar Linen 2,360 2,171
Cupboard Love 53,808 18,540
Various minor funds 10,072 5,342
75,966 36,330
StMary' s, Walditch None
St John' s, West Bay None
PCC Central The Bridge 938
938
TotalRestri cted Funds 316,227 268,007

Endowment Endowment Funds: 2020 2019
St Swithun's Allin on Cox's Charity 262 COIF Income Shares f.
ex 6100bequest in 1870 4,719 4,435
The use ofthis Trust is restricted to the poor ofParish ofAllington - charity's objectives.
The
support is usually ofmonetary assistance at the discretion ofthe charity.
StMa 's Brid ort Altar: Cox Legacy —331CBF Investment Shares 6,781 6,344
11,500 10,779

2020 2019
St Swithun's Allin
ton		 McCarthy Trust 6,945 6,484
10 Summary ofFund Movements Unrestricted Restricted Endowment Total
Balance at 1January 2020 732,408 268,007 10,779 1,011,194
Income and endowments 214,321 57,841 272,162
Expenditure (204,435) (15,269) (219,704)
Investment gains&(losses) 38,724 6,941 721 46,386
Transfer between
funds		 1,293 (1,293)
Balance at 31December 2020 782,311 316,227 11,500 1,110,038

11 Summary ofAssets by Fund Unrestricted Restricted Endowment Total
11a ~BT pe
Investment fixed assets 513,339 141,314 11,500 666,153
Current assets 327,274 174,913 502,187
Liabilities falling due within one year (58,302) (58,302)
782,311 316,227 11,500 1,110,038
St Swithun's
Allin
on
Investment fixed assets 213,306 141,314 4,719 359,339
Current
assets		 63,796 1,335 65,131
Liabilities falling due within one year (386) (386)
276,716 142,649 4,719 424,084
Hol
Trini		 Bothenham ton
Current
assets		 96,151 96,151
Liabilities falling due within one year (3,344) (3,344)
(3,344) 96,151 92,807
Hol
Trini		 Brad ole
Investment fixed assets 33 33
Current assets 77,212 523 77,735
Liabilities falling due within one year
77,245 523 77,768
StMa
's		 Brid ort
Investment fixed assets 6,781 6,781
Current
assets		 41,414 75,966 117,380
Liabilities falling due within one year (15,263) (15,263)
26,151 75,966 6,781 108,898
StMa
's		 Walditch
Investment fixed assets 300,000 300,000
Current assets 28,190 28,190
Liabilities falling due within one year (759) (759)
327,431 327,431
StJohn's West Ba
Current assets 54,016 54,016
Liabilities falling due within one year
54,016 54,016
PCC Central and other
Current assets 62,646 938 63,584
Liabilities falling due within one year (38,550) (38,550)
24,096 938 25,034
Total Funds 782,311 316,227 11,500 1,110,038
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