## **The PARISH and BENEFICE of BRIDPORT** 

## **ANNUAL REPORT AND FINANCIAL STATEMENTS** 

## **FOR THE YEAR ENDED 31 DECEMBER 2022** 

||**Contents**||
|---|---|---|
|Annual report||Pages 1 – 10|
|Independent Examiner’s Report||Page 11|
|Statement of Financial Activities||Page 12|
|Balance Sheet||Page 13|
|Notes to the Financial Statements||Page 14 - 25|



Charity Commission Registration number: 1133974 **www.bridport-team-ministry.org** 



The PARISH and BENEFICE of BRIDPORT
Annual Report forthe year ended 31 December 2022
Team Rector:
The Revd Canon Deborah Smith
The Rectory
84 South Street
Bridport, Dorset
DT6 3NW
Parish Administrator:
Clo The Rectory
Hon Secretary..
Mrs Bridget Trump
18 Maple Gardens
Bridport, Dorset
DT6 4DR
Hon Treasurer:
Mrs Janet Shaw,
5, Douglas Avenue,
Harold Wood,
Romford, Essex
RM3 OUT
Lead Bankers:
National Westminster Bank plc
Lloyds Bank plc
T58 plc
CCLA
Independent Examiner:
Scott Vevers Ltd
65 East Street,
Bridport, Oorset
DT6 3LB

The PARISH and BENEFICE of BRIDPORT
Annual Report tor the year ended 31 December 2022
Reference and Administrative Oetails
The Bridport Team Ministry in the Benefice of Bridport was established in July 1979 in the union of
four benefices in and around the town of Bridport. The five parish churches remain a5 parish
churches of the new benefice. It is part of the Diocese of SalisbL*ry within the Church of England.
The correspondence addre55 15 The Rectory, 84 South Street. Bridport. DT6 3NW
Following the many consultation sessions in 2022 it was felt that going forward we would use the
term 'The Parish of Bridport,. We are one parish, worshipping in six buildlngs, connected to each
other as the body of Christ in this place.
Details of the Independent Examiner and main Bankers are contained on page l. Additional advice
is sought from the Diocese or, where appropriate, other advisors are consulted.
Bridport Parochial Church Council IPCCI 15 a charity registered with the Charity Commission:
reElStration number 1133974. The PCC members are its Trustees, and so are responsible for
delivering public benefit by serving the wider community. PCC members who have served from I
January 2022 until the date this report was approved are:
Teum Rector..
Chairman
Teum Vicor..
Ass1Stant Curate
Assi5t(Jnt Currjte
The Revd Canon Deborah
Smith
The Revd Peter Stone
The Revd Lorna Johnson
The Revd Helen Croud
Assoclate Priest From 9 Odober 2022
Hospital Chapluin.-
Churchwt7rdens.'
The Revd Philip Rlnger
Mrs Lesley Hill
Mrs Heather Purse
Ex-officio- Clergy rep on Deanery Synod
Until 8 May 2022
Re-elected 8 May 2022
Chapel warden
Mrs Rosemary Ru55ell
From APCM October 2020
Vice chair
Representatives on
the Deanerysynod.
(Term
of Office
APCM 2020- 2023)
Mrjohn Adams
Mr. Alan Paul
Elected Vice-chair 8 May 2022
(Suspended from active membership.)
Mr Stephen Bartlett
Mr Graham Purse
Deanery Synod Rep from 8 June 2021.
Deanery Synod Rep from 5 July 2022.
Elected members.-
Mr. Peter Carnell
Mr James Craddock
Mrs Caroline Cooke
Mrs Josephine George
Mr Paul Groom
Mrs Rose Harvey
Mrs Lesley Hill
Mrs Carole Nelson
Until October 2022
From 8 May 2022
From 8 lune 2022
From 8 May 2022
From 8 May 2022
Until 8 May 2022
From 8 May 2022

The PARISH and BENEFICE of BRIDPORT
Annual Reportfor the year ended 31 December 2022
Mrs. Sue Pollock
MrGraham Purse
Mrsjanet Shaw
Mrs. Bridget Trump
Mr Tyrone Trower
Mrs. Sue Wellman-Herold
Mrs Diana Wright
PCC Treasurer and co-opted to PCC 6 July 2021
PCC Secretary
Structure. Governance and Management
The method of appointment of PCC members is set out in the Church Representation Rules 2020.
All Church attendees are encouraged to register on the Electoral Roll and stand for election to the
PCC. The Parishioners Meeting and Annual Parochial Church Meeting were both held on 8 May
2022, in line with the requirements.
Objectives and Activities
Bridport PCC has the responsibility of co-operating with the incumbent, the Revd Canon Deborah
Smith. in promoting in the ecclesiastical parish the whole mission of the Church, pastoral,
evangelistic, social and ecumenical. It also has maintenance responsibilities for the curtilage and
glebe land of the six sltes of St Mary's Bridport, St John's West Bay, St Swithun's Allington, Holy
Trinity Bradpole, St Mary's Walditch and Holy Trinity Bothenhampton, together with the
maintenance responsibility for the churchyard of the Old Church in Bothenhampton.
Public Benefit
The Trustees have paid due regard to guidance issued by The Charity Commission on public benefit.
Further details of the activities identified in the Financial Statement5 are contained in the Review of
the Year.
Volunteers
Volunteers have a major role in the PCC and its activities, without which it may cease to function or
its ability to be effective would be seriously curtailed. We are very grateful to the many people who
help and assist in so many ways across the parish. We thank those who generously donate their
tirne, ideas, expertise or resources includinE towards excellent fund-raising initiatives, as well as
those who continue to oversee the governance or look after the finances.
Achlevements and Performance
Church attendance
At the end of 2022 there were 313 pari5hioner5 on the Church Electoral Roll- a total reduction of
27 on the previous year. Attendance at church services has been irregular throughout this year
but the average Sunday attendance was 132 adults plus 6 children and young people.
On Easter Day we had 213 communicants.
o During Advent we met as a parish each Sunday morning and averaged 82 communicants each
week.
Carol Services and Christingle SeNices were held across the parish for the local community,
Civic contingency and for the schools. A total of nearly 1500 people attended.

The PARISH and BENEFICE of BRIDPORT
Annual Reportfor the year ended 31 December 2022
o Attendance numbers across the parish for Chrlstmas eve and mornlng were 375, with 218
communicants in total.
o In 2022 we held 15 8apt15ms. 5 Weddings, 69 Funeral services, and then 20 separate services
for the interment of cremated remains.
Statistlcs confirm the average weekly number of online viewers as 24, of which most are for pre-
recorded seNices rather than those live streamed.
PCC Revlew of the year
During the year the full PCC met on nine occasions with the Standing Committee meeting four times
during the same period. Significant events or initiatives were undertaken during 2022:
o A small group studied the 'Living in Love ond Fuith, course promoted by General Synod and the
diocese during Lent. a5 a local consultation and awareness initiative to discuss Christian teaching
and learning about identity, sexuality, relationships and marriage.
The Ministry Team and then separately the PCC, had away-days to focus on looking to the future
for the parish. With the help of a facilitator, we discvssed the current Issues across the ch urches
and offered changes and new ways of working appropriate to the perceived future level of
resources
clergy numbers, worshipping congregations, finance levels, our buildings and the
need5 of our community. From these discussions came the formation of a new Vision 5ub-
Committee (made up of 9 PCC members) who then organised six parish consultations sessions
in October and a one-off initiative for Advent.
There is some work being undertaken around ideas for the redevelopment of St Swithun's
Allington and the PCC approved the use of £50,000 to cover the architect's fees, various fabric
surveys and the project manager's expenses to cover local consultations, in preparation for a
stage-one application to the National Lottery Heritage Fund.
o During July we looked at the work of the Community Hub and how the church can overlap and
coordinate with the Schools and local community.
Bishop Rufus and his wife from Lainya, South Sudan were hosted by the deanery during mid-
August. This gave the opportunity to raise the profile of the diocesan link with Sudan and South
Sudan and various members of the parish were able to meet them.
o The PCC have 5UPPOrted the idea of offering to the Orthodox Church the use of St Swithun'5
Allington, for occasional services. as a primary focus for the Ukrainian contingent in the local
area.
The Town Council has coordinated the offers of 'Warm Spaces, in the town and St Mary's
Bridport offered Sunday afternoons during Advent and St Swithun's are offering Saturd3V
afternoons during February 2023.
o The PCC have registered for the National Burial Ground Survey which will map all the church
buildings, their registers, internal monuments and churchyards which fall under our
responsibility.

The PARISH and BENEFICE of BRIDPORT
Annual Reportforthe year ended 31 December 2022
Local Church Sub-committees:
During 2021 the new governance structure was implemented across the parish and each local
church has a sub-committee with the four core-members being appointèd by the PCC to oversee
the day-to-day activities of the local church and congregation. Reviewed annually. but four areas of
responsibility are temporarily delegated by the PCC to each.
o Day to day ct7re of the church building ond churchyord
Facilitotion and practicol prept7rotion forservice5 and occusional offices
Organiztition und manogement of welcorne groups and pastorol core ot a local level
Maintuining und developing the social t7spect of the life of the church
In addition, the PCC has appointed Parish Sub-committees for the various branches of church work
In the parish. These sub-committees include persons who are not members of the PCC and work
acr055 the parish.
The work of the Parish Sub-cornmittees:
ADMINISTRATION: A Parish Health and Safety Officer has been re¢rulted and appolnted. He has
reviewed and updated all the relevant policies and undertaken wobble-tests in 311 our churchyards
on a biannual basis.
COMMUNICATIONS.. The Communications Working Group has put in place a formal contract for the
Administrator. who works four mornings a week. It has not yet been possible to recruit a fifth-day
per50n, so a focus has switched to renewing the parish website and a completely new site has been
commissioned.
We eypect to be able to store all parish-related documents on a google-drive cloud. to improve
efficiency, reduce duplication and remove documents from personal computers. Improving
communications across the parish is one of the priorities for 2023.
ECO CHURCH.. The focus of this initiative Iwlth Its comprehensive remit of Worship and Teaching.
Buildings, Lond. Lifestyle, Community and Worldwide) have been adopted by each congregation in
varying degrees of success.
There is a permanent display in St Marfs Bridport of our eco ideas and initiatives put together
by the sub-committee.
o In additlon, they joined in with the town's Great Big Green Day in September, worked with the
Community Orchard on the Churchyard Nature Count, and three people attended a scything
course to assist with churchyard Management,
o Eco-ideas appear regularly in both the parish weekly newsletter and monthly magazine to
encourage our individual responses and lifestyle habits.
FABRIC: Throughout 2022 a different approach to the care of our buildings has begun with a small
group of people forming into a Fabric Sub-committee to look at all the structural and ongoing
maintenance requirements of our churches. Thus, working acr055 the parish enables the sharing of
expertise and responsibility. Using the five-yearly Quinquennial Inspections reports as the
benchmark the group have become acquainted with our different buildings.
St john's West Bay is now under the Faculty Jurisdiction Rules IFIRI for any permissions.
Four named people have been authorised to process online FJR applications for the parish.
o An upgraded lighting project at Holy Trinity, Bradpole is being considered.

The PARISH and BENEFICE of BRIDPORT
Annual Report lor the year ended 31 December 20Z2
o Permission for the removal of an unsightly and mis-used shrub in St Mary's Bridport churchyard
is being sought. Discus5iofb about how the space can be enhanced for community Use will be
undertaken in due course.
FINANCE: The PCC have indicated a willingness to consider streamlining the parish Missionary
Giving and the Finance Sub-committee have begun to understand how the process has worked
historically and identify if a combined approach could be recommended.
An annual budget has been introduced to manage all income and expenditure. PCC meetings
are timed to coincide with the collation of quarterly figures, so our discussions hold more
meaning.
o The PCC has responded to the two surveys from the Diocesan Board of Finance asking for our
opinion about how future Diocesan Fairer Share should be calculated.
St Mary's Bridport have completed extensive work compiling the checks and paperwork in
preparation for hiring out the building, as a potentlal Income source. A Hiring Handbook was
written to ease the process of hiring any of our parish buildings to external parties.
GOVERNANCE: Oversight of the new local church sub-committees has taken place following their
introduction during 2021. The format and delegated responsibilities were reviewed by the PCC in
June 2022.
'Open Reports, la preci5 of PCC business) are now published on the website following each PCC
meeting to improve communication across the parish, whilst conserving trustee confidentiality.
At the APCM in May 2022 only one person wa5 elected to the role of churchwarden, giving her
the burden to bear herself. This is an onerous pressure and is not Sustainable for the long term.
MISSION & PASTORAL: The Sub-committee identified four areas of pastoral support requiring
volunteer5 and energy, following the re-opening of activities after lockdown. Two groups have been
active in 2022..
A monthly group 'LifeLine' for bereavement support, and
An after-school club at 5t Mary's Primary in Bridport. weekly in termtime.
o Tentative conversations have been held as folk explore their vocation in this area of ministry.
No formal trainlng has yet been set up.
VISION SUB-COMMIThEE'. The Advent initiative which came from the parish consultations
incorporated holding combined parish services each Sunday morning, study groups during the week
and a shared Advent text, expressions of craft appropriate to the season and an intentional walking
group travelling around the town offering prayers for different communities.
In addition. other ideas which collectively were identified in the consultation are being rolled
out through the early months of 2023. These are:
o improved communications, more study groups. monthly parish services and parish events.
o A further consLbltation is diarised for 30 April 2023.

The PARISH and BENEFICE of BRIDPORT
Annual Report forthe year ended 31 December 2022
Additional aspects of life in the parlsh:
PUBLIC WORSHIP.. Following the changes in the pattern of worship introduced in 2021, there has
been an ongoing conversation as the Incumbent and ministry team adapt to the changing resources.
o The Ordinand was ordained to the diaconate in July 2022 and 15 licensed and working In a
neighbouring parish.
One of the As515tant Curates completed her curacy within the parish and although now working
elsewhere in the county. was licensed as an Associate Priest to Bridport, SO 15 Still able to minister
with us occasionallv.
LYME BAY DEANERY SYNOD= The Synod only met twice during the year due to the unavailability of
speaker at the November meeting which wa5 cancelled as a result.
Steve Bartlettfrom our own PCCwa5 welcomed on to Synod and has become a signatory on the
Bank account.
Our June Synod meeting actually took place in Devon in the parish of Hawkchurch. The Revd Jo
Neary from the Beaminster Team and Sarah Keen from the Rural Hope project gave some
extremely informative and encouraging report5 on thelr work.
Tourism and the Churches, response to the needs of Tourists and visitors to our Parishes is still
waiting discussion at a future Synod. The amalgamation of the Parishes of Abbotsbury,
Portesham and Langton Herring into the Bride Valley Benefice is a matter of ongoing work.
CHURCHES TOGETHER IN BRIDPORT AND DISTRICT: Thankfully this year has seen some greater
endeavours with the lifting of the COVID restrictions.
o The Sunrise service on Easter morning was held on East Pier, with many people gathering in
Cherries Cafe afterwards for coffee.
o A service was held at the beginning of June to mark the late Queen's Platinum Jubilee. We had
one of H.M. Deputy Lord Lieutenant5 attend who read one of the lesson and Father Keith
Mitchell preached an excellent homily. It was followed by a bring-and-share tea.
o We also kept Sea Sunday in July, with a special preacher from the Sailors Society, the Revd Caroi
Peter5-King.
The Bridport Nativity w35 held in St. Mary's Bridport this year due to the weather and was hailed
by many as a great success with many last-minute substitutions due to illne55. The Revd Jane
Wilson from Bridport United Church gave the address.
On Boxing Day, a great gathering on Harbour Green at West Bay for Community Carols around
the Christmas Tree brought the year to a meaningful close.
CTIBD continves to support many other activities throughout the year and is always grateful for
the support it receives from parishioners, the people of Bridport and visitors alike.
Philip Ringer- Cht7irman CTIBD

The PARISH and BENEFICE of BRIDPORT
Annual Report forthe yearended 31 December 2022
Safeguarding
This subject features as an agenda item at each PCC meetlng. During 2022, within the Parish of
Bridport it has been possible to begin to implement the Action Plan to review, and update the
safeguarding policy, requirements and practice.
o We have offered an introductory and refresher training on a regular basis Wlthin the parish the
take up has been positive. M05t of those required to attend did so during the year. The material
used in the training is continually updated and includes current research and inquiry
recommendations.
The Safer Recruitment process has been implemented for slx new staff and volunteers, and a
review of current volunteer roles is already underway.
o Review of DBS checks are up to date and all checks on new volunteers are being completed.
The final comprehensive Report by the 'lndependent Inquiry into Child Sexual Abuse. IIICSAI was
published in October 2022. The Report makes a number of powerful recommendations, which
will have radical implications and impact on Safeguarding within the Anglican Church and in the
local parish. Given the recommendations, we await the likely changes in both the legal
framework and government Euidance, in the reporting procedure and practice.
Risk management
The managing trustees have considered the major risks to which the church is exposed and have
established policies and procedures to manage those risks. The trLtstees consider that the risks of
an accident on the premises or loss of reputation through the abuse of a vulnerable person on the
premises, or during a related activity, are the major areas of concern, together with financial fraud.
The church has implemented Health and Safety policies and a Safe to Grow policy to safeguard
against these. The policies are regularly reviewed in the light of changing government policy and
issues of safeguarding and the recruitment of volunteers to work with children and young people,
or vulnerable adults are under continued review.
The newly established Finance Sub-committee continue to review all financial processes in the
team, especially the interface between the local churche5 and parish and the standardisation of data
collection and recording systems. Some recommendationsfor improvement and simplification have
been implemented, and additional safeguards for financial security, including bank mandates. will
be introduced where nece55ary.
Financial Review
The main source of regular income continues to be Gift Aided donations together with the related
tax that can be claimed back. Income on unrestricted funds increased between 2021 and 2022,
during the time when churches returned to most pre-pandemic activities. However, it has been
noted that the number of regular attendees has reduced slnce 2021, so the giving is being received
from less people overall.
Church activities. including various forms of fundraising, have increased during 2022. In total the
community events. lettings of premises, and fees for funerals and weddings have raised almost
E48,000.

The PARISH and BENEFICE of BRIDPORT
Annual Report for the year ended 31 December 2022
Two of the churches in the Parish have been fortunate to receive considerable sums in legacies, and
these have contributed to the positive figures reported for 2022. The Parish has participated in the
Warm Sp3ce5 initiative. and has received a small grant to help with increasing heating costs.
The major regular expense continues to be Diocesan Fairer Share, which mainly provides for clergy
Stipends, housing, pensions, Nl and training. The 2022 total of just under £112,000 was almost paid
by the end of the year, with the remaining amount of £9,484 being paid off in January 2023. One
church still has a legacy debt of £17,713 that they wi51 try to clear in stages during the coming years.
The other main expense5 for the churches cover the upkeep of buildings and churchyards. totalling
nearly £49,000. In line with the national energy situation, the cost of utilities has more than doubled
from £7,344 in 2021 to £18,322 in 2022. The Parish has also paid for the salary of the part-time
Administrator. which together with other office and communication costs has totalled over £14,000.
During the year the churches have supported several community ventures and external charities by
holding events and donating funds. The Parish, together with the Town Council, has also set up a
Discretionary Fund to support refugees from Ukraine who are living in the Bridport area. The process
for regular donation5 to the Food Bank to be moved to the new charity's bank account is still
ongoing, but should be completed during 2023. The Bridge Magazine continues to be successful in
covering its costs through local advertlsing and sponsorship.
The Accounts this yearshow a total surplus of £93,62912021: a deficit of £26.9751 before investment
changes. The surplus on unrestricted funds was E80,99312021'. £10,019). There was however an
overall decrease in the value of our investments by £49,242 due to market conditions and use of
some deposits towards major works expenditure.
Reserve5 Policy
The Reserves are regularly reviewed. The PCC aims to ensure that sufficient reserve5 are held to
meet anticipated expenditure. especially having regard for the age and condition of the church
properties.
Within the team as a whole, reserves are at an acceptable level, but there is a wide variation
between the local churches. Increased stewardship and active fund-raising will continue to be
prioritised in 2023, but the current rate of inflation and cost of living increases will have an impact
on voluntary giving and the running cost5 for church and central PCC operations.
The 2022 budget estimates were exceeded by the actual income received and not met by the
expenditure, but for 2023 the expectation 15 a larger deflcit. This may mean drawing further on the
reserves in hand. Such a situation would not be sustainable for an extended period, but will be
reviewed carefully a5 the year progresses.

The PAR15H and BENEFICE of BRIDPORT
Annual Reportfor the year ended 31 December 2022
Investments
Material investments continue to be monitored to ensure performance against objectives. The
majority of invested funds are with CCLA Church of England Deposit Fund, CCLA Church of England
Investment Fund or with major U.K. based banks. The performance of our financial investments in
the year gave rise to an unrealised loss of £49,24212021- gain of £52,363), in line with market
conditions.
Related Trusts or charities
Details of related trusts and charities are included in the financial statements. Additionally. St
Mary's, Bridport and Holy Trinity, Bradpole both have a 'Friends of, charity which, although they are
each a separate legal entity, support the work of the PCC and provide financial assistance to St
Mary's and Holy Trinity respectively.
Approved by the PCC on 28 March 2023 and signed on their behalf bv:
Signed..
Revd Canon Deborah Smith IPCC Chairl
io

The PARISH and BENEFICE of BRIDPORT
Independent Examinerfs Report to theTrustees of The Parish of Bridport
I report to the charity trustees on my examination of the accounts of The Parish and Benefice of
Bridport Ithe Charity) for the year ended 31 December 2022.
Responsibilities and basis of report
As the trustees of the Charity, you are responsible for the preparation of the accounts in accordance
with the requirements of the Charities Act 2011 (the Act).
I report in respect of my examination of the Charlty's accounts carried out under section 145 of the
Act and in carrying out my examination I have followed all the applicable Direction5 given by the
Charity Commission under Section 145lSllbl of the Act.
Independent examinerfs statement
Since the charity's gross income exceeded £250,000 your examiner must be a member of a body
listed in section 145 of the Act. I confirm that l am qualified to undertake the examination because
l am a member of the Institute of Chartered Accountants in England and Wale5, which is one of the
listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention
in connection with the examination giving me cause to believe that in any material respect..
l. Accounting records were not kept in respect of the Charity as required by section 130 of the Act,.
or
2. The accounts do not accord with those records,. or
3. The accounts do not comply with the applicable requirements concerning the form and content
of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other tha n anv
requirement that the accounts give a 'true and fair view, which is not a matter considered as
part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
Mr. M. J. Cridland B.A. (Honsl F.C.A.
Scott Vevers Ltd
Chartered Accountant5 and Registered Auditors
65 East Street
Bridport
Dorset DT6 3LB
Date..
li

The PARISH and BENEFICE of BRIDPORT
Statement of Financial Activities for the year ended 31 December 2022
Unrestricted Restricted
Endowment
Funds
Funds
Funds
Totsl
2022
Note
Income and Endowments:
Voluntary giving
Income from church activities
Income generated from events
Income from investments
Other incomlng resources
Total income
2a
2b
2c
2d
258,284
43,562
8,696
17,781
4,510
332,833
11,903
19,840
496
3,961
3.325
39,525
270.187
63,402
9,192
21.742
7,835
372,358
Expenditure on:
Church ministry and activities
Church running expenses
Raising funds
Total expenditure
137,497
113,541
802
251,840
26,610
279
164,107
113,820
802
278,729
3b
3¢
26,889
Net income / lexpenditurel
Net gain / Ilossl on investments
Net income
Transfer between funds
Net movement in funds
Total funds brought forward
Total funds carried forward
80,993
128,6981
52,295
34,324
86,619
765,182
851,801
12,636
119,0061
16,3701
34,3241
140,6941
357,105
316,411
93,629
149,2421
44,387
6b
11,5381
11,5381
io
11,5381
13,139
11,601
44.387
1,135,426
1,179.813
io
Note Unrestricted Restricted Endowment
Funds
Funds
Funds
Total
2021
Income and Endowments:
Voluntary giving
Income from church activities
Income generated from event5
Income from investments
Other incoming resources
Total income
2a
2b
2c
2d
173,265
37,600
3,936
18.268
9,262
242,331
39,902
201
213.167
37,801
3.936
18,473
9,668
283,045
205
406
40,714
Expenditure on:
Church ministry and activities
Church running expenses
Raising funds
Total expenditure
143,407
88,894
li
232,312
74,150
3,220
338
77.708
217,557
92,114
349
310,020
3b
Ner income I lexpenditurel
Net gains on investments
Net income
Transfer between funds
Net movement In funds
Total funds brought forward
Total funds carried forward
10,019
30,515
40,534
157,6631
117,1291
782,311
765,182
136,9941
20,209
116,7851
57.663
40,878
316,227
357,105
126,9751
52,363
25,388
6b
1,639
1,639
1.639
11,500
13,139
25.388
1,110,038
1,135,426
io
All of the charity's activities derive from continuing operations during the above two periods.
12

The PARISH and BENEFICE of BRIDPORT
Balance Sheet as at 31 December 2022
Note
2022
2021
Fixed assets
Tangible assets
Investments
6a
6b
669,274
669,274
718,516
718,516
Current assets
Debtors and prepayments
Short term deposits
Cash at bank and in hand
15,770
244,586
289,688
550,044
14,324
255,904
182,501
452,729
Creditors: Amounts falling due within one year
139,5051
135.8191
Net current assets
510,539
416,910
Total assets less current liabilities
1.179,813
1,135,426
Net assets
1,179,813
1,135,426
Fund5 of the charity:
Parish Funds
Unrestricted fund5
Restricted funds
Endowrnent
Total Funds
li
851,801
316,411
11,601
1.179,813
765,182
357,105
13,139
1,135,426
The financial Statements on page5 14 to 25 were approved by the trustees and authorised for issue
on 28 March 2023 and signed on their behalf bv..
Revd Canon Deborah Smit
Mr5 Janet Shaw
13

The PARISH and BENEFICE of BRIDPORT
Notes to the Financial Statements forthe year ended 31 December 202Z
l Accounting pollcles
Statement of compliance
The financial statements have been prepared in accordance with Accounting and Reporting by Charities..
Statement of Recommended Practice applicable to charities preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019,
the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland {FRS 1021.
the Charities Act 2011 and UK Generally Accepted Accounting Practice.
The financial statements include all transactions. a55et5 and liabilities for which the PCC is responsible in
law. They do not include the account5 of church groups that owe their main affiliation to another body
nor those that are an informal gatherin# of Church members.
Basis of preparation
Bridport Parochial Church Council meets the definition of a public benefit entity under FRS 102. Assets
and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the
relevant accounting policy notes.
Going concern
The trustees consider that there are no material un￿rtaIntieS about the charity's ability to continue as a
going concern.
Income and endowments
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a
general nature is recogni5ed when the charity has entitlement to the income, it is probable that the
income will be received and the amount can be measured with sufficient reliabilitv.
All incoming resources are accounted for gr055 except that there may be minor amounts of income
received net of expenditure.
Donations and legacies
Donation5 and legacies are recognised on a receivable basis when recelpt is probable and the amount
can be reliably measured.
Tax refunds are recognised when the incoming resoLtrce to which they relate is received.
Gronts recelvoble
Grants are recognised when the charity has an entitlement to the fund5 and any conditions linked to the
grants have been met. Where performance conditions are attached to the grant and are yet to be met,
the income is reco8nised as a liability and included on the balance sheet as deferred income to be
released.
Investment income
Investment income is earned through holding assets for investment purposes such as shares and
property. It includes dividends, interest and rent. Where it 15 not practicable to identify investment
management costs incurred within a scheme with reasonable accuracy the investment income is
reported net of these costs. It is included when the amount can be measured reliably. Interest income is
recognised using the effective interest method and dividend and rent income is recognised as the
charity's right to receive payment is established.
14

The PARISH and BENEFICE of BRIDPORT
Notes to the Financial Staternents for the year ended 31 De¢ember 2022
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is
probable settlement is required and the amount can be measured reliably. All cost5 are allocated to the
applicable expenditure heading that aggregate similar cost5 to that category. Where costs cannot be
directly attributed to particular headings they have been allocated on a basis consistent with the use of
resources, with central staff costs allocated on the basis of time spent, and depreciation charges
allocated on the portion of the asset'5 use. Other support costs are allocated based on the spread of
staff costs.
Grants and donations made are accounted for when paid over. or when awarded, if that created a
binding or constructive obligation on the PCC.
The Diocesan Fairer Share 15 accounted for when due. Any share unpaid at 31st December is provided
for as an operational Ithough not a legall liability and would be shown as a creditor in the Balance
Sheet. There was £27,197 of diocesan share unpaid at 31st December 2022.12021 £17,713].
Amounts received Specifically for mission are dealt with as restricted funds.
Support costs
Support costs include central functions and have beerk allocated to activity cost categories on a basis
con5i5tent with the use of resources, for example, allocating property Costs by floor areas, or per capita,
staff costs by the time spent and other costs by thelr usage.
Governance costs
These include the costs attributable to the chariW5 compliance with constitutional and statutory
requirements, including audit, strategic management and trustees. meetings and reimbursed expense5.
Taxation
The charity Is considered to pa55 the tests set out in Paragraph I Schedule 6 of the Finance Act 2010
and therefore it meets the definition of a charitable company for UK corporation tax purposes.
Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains
received within categorie5 covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256
of the Taxation of Chargeable Gains Act 1992. to the extent that such income or gains are applied
exclusively to charitable purposes.
Tangible fixed a55ets
Individual fixed assets costing £2.500 or more are initially recorded at cost, less any subsequent
acc¥Jmulated depreciation and subsequent accumulated impairment losses.
Gifts-in-kind are valued at a reasonable estimate of their open market value on receipt.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation. less any
estimated residual value, over their expected useful economic life as follows..
Asset class
Depreciation method and rate
Computers and printers
3 years straight line
An impairment review is carried out at each year end and any resultant loss identified included in
expenditure for that year.
15

The PARISH and BENEFICE of BRIDPORT
Notes to the Financial Statements for the year ended 31 December 2022
Consecrated and benefice property
In so far as Consecrated and Benefice property of any kind is excluded from the statutory definition of
'charity' by Section 10 12llal and Icl of the Charitie5 Act 2011 such assets are not capitalised in the
financial statements.
Movoble church furni5hing5
These are not capitalised. They are included in the Church's inventory. Insufficient cost information is
available.
All expenditure incurred during the year on Consecrated or Benefice buildings and movable church
furnishings, whether maintenance or improvement, is written off as expenditure in the SOFA and
Separately disclosed.
Investments
Investment properties are externally revalued every 5 years. All interim revaluations are carried out by
the Tru5tee5 at the reporting date.
Investments are recognised initially at fair value which is normally the transaction price excluding
transaction costs. Subsequently. they are measured at fair value with changes recogni5ed in 'net gains I
Ilossesl on investments, in the SOFA if the shares are publicly traded or their fair value can otheTwise be
measured reliably. Other investments are measured at C05t less impairment.
Current asset investments are short term highly liquid investments and are held at fair value. These
include cash on deposit and cash equivalents with a maturity of le55 than one year.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid
investments that are readily convertible to a known amount of cash and are subject to an insignificant
risk of change In value.
Fund structure
Unrestrictedfunds
Unrestricted income funds are general funds that are available for use at the trustees, discretion in
furtherance of the objectives of the charity.
These represent the remaining income funds of the PCC and its churches that are av3ilabSe for spending
on the general purposes of the PCC and its churches.
Restrictedfund5
Restricted income funds are those donated for use in a particular area or for specific purposes. the use
of which is restricted to that area or purpose.
Restricted funds are detailed in the notes to the accounts.
Endowment Funds
These are restricted funds that must be retained as trust capltal either permanently or subject to a
discretionary power to Spend capital as income and where use of any income or other benefit derived
from the capital may be restricted or unrestricted. Full details of these restriction5 are shown in the
notes to the accounts.
16

The PARISH and BENEFICE of BRIDPORT
Notes to the Flnanclal Statements for the year ended 31 December 2022
Total
2022
2 Income and endowments
Unrestricted Restricted Endowment
Funds
Funds
Funds
Total
2021
2a Voluntary giving:
Regular or planned giving
Collertions
All other giving or donations
Legacies received
Grants
Gift aid recovered
96,321
8,949
18,032
100,640
7,461
26,881
258,284
685
97,006
8,949
23,130
100,640
10,543
26,881
267,149
3,038
270.187
107,899
4,716
34,893
2,000
9,087
18,891
177,486
35,681
213,167
5.098
3,082
8,865
3,038
11,903
Held for Cupboard Love
258,284
2b Income from church activities:
Hall or church lettings
Fund-raising books, magazines
and publications
The Bridge Community Magazine
14.136
14,136
6,737
85
5,300
19,436
24,126
43,562
19,474
19,474
366
19,840
24,774
38,910
24,492
63,402
17,149
23,971
13,830
37,801
Fees for wedding and funerals
2c Income generated from events:
Fundraising events or activities
8,696
8,696
496
496
9.192
9.192
3,936
3,936
2d Income Irom investments:
Dividends
Bank and other interest
Rent from property/investments
8,684
1,887
7,210
17,781
2,882
1,079
11,566
2,966
7,210
21,742
11,227
36
7,210
18,473
3,961
2e Other incoming resources:
VAT refunds
Friends organisations
Other
881
881
742
3,549
1,121
5,412
4,256
3,629
4,510
3,629
4,510
Parochial fees account
External charitles
3,325
3,325
3,325
7,835
4,510
9,668
Totsl Income
332,833
39,525
372,358 283,045
17

The PARISH and BENEFICE of BRIDPORT
Notes to the Flnancial Statements for the year ended 31 December 2022
3 Expenditure
Unrestricted Restricted Endowment
Funds
Funds
Funds
Total
2022
Total
2021
3a Church Ministry and Activitie5:
Missiona
and charitable
ivin
International missionslrelief agencies
Local or national missionslrelief
Specific charity donations
450
900
361
990
4,370
5,721
811
1,890
4.370
7,071
2,766
574
3,340
70,531
73,871
1,350
Cupboard Love transfers
1,350
5,721
7,071
Outreach and Communit
Community Mission and Evangelism
Cost of The Bridge Community
Magazine
2,733
3,581
6,314
13,850
13,850
11,684
2,733
17.431
20,164
13,128
Salaries remuneration and HR:
Administrator/other HR costs
Payment to vergers, choirs, bellringers
Payment to organist5
8,400
3,124
9,951
21.475
111,939
133,414
2,775
11,175
3,124
10,634
24,933
111,939
136,872
11.331
4,412
8,210
23,953
106.605
130,558
683
3,458
Diocesan Fairer Share
3,458
Total Church Ministry and Actlvltles
137,497
26,610
164,107
217,557
3b Church Running Expenses:
Services and Fabric:
Supplies for services
Health & safety, eleaning supplies
Hall/rental property costs
Churthyard
General repairs and maintenance
1,475
2,227
2,127
8,636
20,069
34,534
28
1,503
2,227
2,127
8,636
20.115
34,608
1,973
4,868
7,556
23,549
37,946
46
74
Ma
or works and re
Major repairs
airs-
17,206
17,206
17,206
17,206
30,274
30,274
Church ex
Music related
AccountinE fees
Bank charges
Instsrance
ense5
external
2,268
2.634
168
16,875
18.322
40,267
2,268
2,634
373
16,875
18,322
40,472
3,192
205
16,149
7,344
26,890
205
205
18

The PARISH and BENEFICE of BRIDPORT
Notes to the Financial Statements for the year ended 31 December 2022
Totsl
2022
3 Expendlture
Unrestrlcted Restrirted Endowment
Funds
Funds
Funds
Total
2021
3b Church Running Expenses lcontlnued):
Cler
staff and
arish Ex
Off ice administration, stationery etc
Photocopier and office equipment
Communications
Books, magazine5 and publications
Other clergy resources
Travel and parking
Training and development
Sundrie5, including gifts
Garden
Hospitality
Any other expenditure
enses..
2,120
1,318
3,812
271
15981
1,609
3,837
537
996
339
3,755
17,996
3,538
21,534
2.120
1,318
3,812
271
1598)
1,609
3,837
537
996
339
3,755
17,996
3,538
21,534
2,251
1,322
{6151
729
16,6831
12,9961
Parochial fees account
12,996
Total Church Running Expense5
113,541
279
113,820
92,114
3c Raising Funds:
Stewardship costs
Cost of fund-iaising events
Total Raisin8 Funds
li
338
349
802
802
802
4 Analysls of Expenditure including Allocatlon of Support Costs
Direct
Costs
Support
Costs
Total
2022
Totsl
2021
Church running and maintenance
55.266
46
55,312
53,529
2022
2021
Accountancy Fee
Independent Examination
960
1.410
933
2,277
4a Charitable Payments
2022
2021
Charitable items to familles and individuals
3,633
3,873
19

The PARISH and BENEFICE of BRIDPORT
Note5 to the Financial Statements for the year ended 31 December 2022
2022
5 Staff Costs
2021
Wages and salaries
Employers National Insurance contributions
8,400
15,400
8,400
15,400
Average number of employees -full-time equivalents
There were no employee benefits to key management personnel in the current or previous year.
Trustees remuneratlon and expenses
No remuneration was paid out of the f unds of the charlty in the year to any trustee for their services
as a trustee.
Trustees expenses are detailed in Note 5a.
5a Related Parties
Payments to PCC member5 or their related
persons for fees and services were'.-
Team - Revd P Stone Ire family member organist)
4 clergy were paid in aggregate £1,609 in respect of travel during the year. 12021.. 4 clergy £7291.
I trustee was paid in aggregate £9 in respect of printing and 5tationery12021.. 1 trustees £1871.
Clergy and other PCC Members have been reimbursed for expenses properly incurred in the
performance of their duties. Reimbursement towards the cost of educational material, clerical
apparel and travel has been made to persons in training for further Church Office who may be PCC
members.
2022
2021
189
Other than the foregoing no travel and subsistence has been paid.
Donations in the normal course of giving have been received from related parties IPCC members).
6 Fixed Assets
6a Tangible Fixed Assets
Copier
Total
Cost
At 1st January 2022
Additions
At 31st De￿mber 2022
3.420
3,420
3,240
3,240
Depreclatlon
At 1st January 2022
Charge for the year
At 315t December 2022
3,420
3,420
3,420
3,420
Net Bookvalue
At 31st December 2022
At 31st December 2021
The use of Walditch Church Hall was donated to the village on a 35 year lease in 1997 at an annual
peppercorn rent. No value has been included.
20

The PARISH and BENEFICE of BRIDPORT
Notes to the Financlal Statements for the year ended 31 December 2022
6b Inve5tment5
2022
2021
Market value at 1st January 2022
Revaluation gainslllossesl
Market value at 31st December 2022
718,516
149,242)
669,274
666,153
52,363
718,516
The investments are..
Year of
2022
2021
Purchase Original Original
Cost
Cost
2022
2021
Valuation Valuation
St Swithun's Allin
ton
Legacy Investment:CBF Investment
Share5
1822 Various
1722
1997
1806
2015
5062
2017
10412
N/a
15,000
20,000
80,618
N/a
15,000
20,￿)0
80,618
37,644
35.578
37,313
104,584
215,119
42,666
40,325
42,292
118,538
243,821
Fabric Fund - CBF Property Income
Shares
14250 2018
20.042
20,042
18,599
21.071
Nadia Muton Fund-CBF Investment
Shares
3356 Various
426
1997
370
1998
325
20CO
329
2001
383
2002
423
2004
385
2006
5997
N/a
3,896
3,896
3,896
3,847
3,840
3,846
3,846
N/a
3,896
3,896
3,896
3.847
3.840
3.846
3.846
69,346
8,802
7.645
6,716
6,798
7,914
8,741
7,956
123,918
78,599
9,977
8.665
7.612
7,705
8,970
9,907
9,017
140,452
At 31st December 2022
Total CBF Investment Shares
N/a
Nla
N/a
357,636
405,344
Bequest
1870
Cox Charity.. COIF Income Share5
Total
N/a
loo
loo
4,762
5,388
362,398
410,732
Hol Trinit Brad ole
Lloyds Bank Shares
IEX. H80S Shares- bequeathed 9 Sep, '981
Total
81
1998
37
33
37
33
Stma
's Brid
ort
Cox's Trust, CBF Investment Shares
331
N/a
300
300
6,839
7,751
Total
6,839
7,751
St Mar
's Walditch
School House
N/a
Nla
N/a
300,000
300,000
Total
300,000
300,000
669,274
718,516
21

The PARISH and BENEFICE of BRIDPORT
Notes to the Financial Statements foi the year ended 31 December 2022
7 Debtor5 and Prepayments
2022
2021
Gift Aid recoverable
Prepayments
Other debtors
14,472
485
813
15,770
12,601
459
1,264
14,324
8 Liabilities
Amounts falling due within one year..
Accruals
Creditors for goods and services
Other creditors
2022
2021
5,900
3,560
26,359
35,819
2,514
36,991
39,505
9 Funds:
2022
2021
Restricted Funds:
St Swithun's. Allington
Nadia Muton Fund - restriction St Swithun's
Repairs fund
Cox's Charity fund
Various minor fund5
123,918
18,599
810
4,190
147,517
140,452
21.071
262
14,250
176,035
Holy Trinity, Bothenhompton
Church Building Fabric Fund
71,618
71,618
97,105
97,105
Holy Trinity. Brodpole
Various minor f unds
37.035
37,035
37,035
37,035
St Mory s, Bridport
Stonework
Fabric
Altar Linen
Hampers
General
Compassion UK
Discretionary RICW
Flowers
Cupboard Love
5,655
2.799
3,113
2,896
7,257
5.582
2.809
2,870
4,233
6,311
17291
396
49
17,523
39,044
396
21
23,766
45,903
St Mory s, Wolditch
None
Stjohn's, West Boy
PCC. Fees Account and The Bridge
None
Warm Spaces
Ukraine support
The Bridge bank account
3,082
390
10,866
14,338
7,886
7,886
Totsl Restricted Funds
316,411
357,105
22

BRIDPORT PAROCHIAL CHURCH COUNCIL
Pjotes to the Flnancial Statements for the year ended 31 December 2022
Endowment Funds:
St Swithun's Allin
ton Cox's Charity 262 COIF Income Share5
ex £100 bequest in 1870
2022
2021
4,762
5,388
The use of this Trust is restricted to the poor of Parish of Allington
charity's
objectives. The support is usually of monetary assistance at the discretion of the
charity.
Stma
's Brid ort
Altar.. Cox Legacy- 331 CBF Investment Shares
6,839
7,751
11,601
13.139
Related Charities
These charities are both separate legal entities which support the work of the PCC in accordance with their
charity's objectives. The support is usually of monetary assistance at the discretion of the charity.
Friends of St Ma
's Brid ort
The charity has funds avai53ble of £12,012 as at 31 December 2022 1£11.952 at 31 December 20211.
Friends of Hol Trini
Church Brad ole
The charity has funds available of £159,831 as at 31 December 20221£158,059 at 3 February 20221.
Other Trusts
Additionally there are the following Trusts letcl which may be under the control of the Diocese,
churchwardens or incumbents rather than the PCC and have been excluded from these accounts.
2022
2021
St Swithun's Allin
ton Mccarthy Trust
7,004
6,945
10 Summary of Fund Movements
Unrestricted Restrlcted
Endowment
Total
Balance at I january 2022
Income and endowments
Expenditure
Investment gains/llosse51
Transfer between funds
Balance at 31 December 2022
765,182
332,833
1251,8401
128,6981
34,324
851,801
357,105
39,525
126,889}
119.0061
134,3241
316,411
13,139
1,135,426
372,358
1278,7291
149.2421
11.5381
11,601
1,179,813
23

The PARISH and BENEFICE of BRIDPORT
Notes to the Financial Statements lor the year ended 31 December 2022
Unrestrirted Restricted
Endowment
11 Summary of Assets by Fund
Total
Investment fixed assets
Current assets
Liabilities falling due within one year
515,156
375,507
138.8621
851,801
142,517
174,537
16431
316,411
11,601
669,274
550,044
139,5051
1,179,813
11,601
Ilb B Fundholder
Hol Trinit Bothenham
Current assets
Liabilities falling due wlthln one year
ton
23,102
71,746
11281
71,618
94,848
11281
94,720
23,102
Hol Trinit Brad ole
Investment fixed assets
Current assets
Llabilities falling due within one year
37
136,956
37
173,991
37,035
136,993
37.035
174,028
St John's West Ba
Current assets
62,146
62,146
62,146
62,146
St Mar
's Brid ort
Investment fixed assets
Current assets
Held for Cupboard Love
Liabilities falling due within one year
6,839
6,839
68,867
23,766
131,7411
67,731
46,730
22,137
23,766
131,7411
14,989
45,903
6,839
Stma
's Walditch
Investment fixed assets
Current assets
Liabilities falling due within one year
300,000
28,904
19821
327,922
300.000
29,039
11,1171
327,922
135
11351
St Swithun's Allin
ton
Investment fixed assets
Current assets
Liabilities falling due within one year
215,119
44,629
142,517
5,380
13801
147,517
4,762
362,398
50,009
13801
412.027
259.748
4,762
PCC Fees Account and The Brid
Current assets
Liabilities falling due within one year
33,040
16,1391
26,901
14,338
47,378
16,1391
41,239
14,338
Total Funds
851,801
316,411
11,601
1,179,813
24

The PARISH and BENEFICE of BRIDPORT
Notes to the Financial Statements for the year ended 310ecember 2022
12 Potential costs
Quinquennial inspection dates are given for guidance
The following estimates are foreseeable
Date of last
quinquennial
inspectlon
Potential cost of minor work5 and repairs:
Urgent lin
Within
Within
Withln
next 6 months) l Year
2 Years
5 Years
Holy Trinity, Bothenhampton March 2019
Holy Trinity, Bradpole
November 2022
St John's, West Bay
December 2021
St Mary's. Brldport
October 2020
St Mary's, Walditch
November 2022
St 5withun's, Allington
July 2021
500
2,000
1,500
1,000
3,000
900
3.750
5.000
7,500
20,000
Potential cost of major projerts and work5:
Urgent lin
Within
Within
Within
next 6 months) l Year
2 Years
5 Years
Holy Trinity, Bothenhampton March 2019
Holy Trinity, Bradpole
November 2022
St John's, West Bay
December 2021
St Mary's. Bridport
October 2020
St Mary's, Walditch
November 2022
St Swithun's, Allington
July 2021
1,000
40,000
5,000
2,000
10,000
23.00)
45,000
50,000
ioo,o
1.500,000
25