The PCC of St Thomas Church, Wells with the Horringtons Financial Statements for the year ending 31 December 2021 Bank National Weslmin51er plc 7 High Street Wells Somerset BA5 2AD Independent Examlner Michael Webb One New Street Wells Somerset BA5 2LA Reg. Charity No. 1137161 The Parochlal Church Council of St Thomas Church Sl Thomos Street Wells Inde endent Examinerfs Re rt for the PCC Accounts Reportto the trustees of St Thomas Wells with Horringtons Parochlal Church Council On a¢wunts for the year ended 31 Oecember 2021 Charity Number 1137161 Respertive responsibllltles of trustees and examiner The charl￿5 trustees are responsible for the prepardtion of the accounts. The charlvs trustees consider ihat an audit is not required for this year under sertion 144 of the Charities Act 2011 (The Charities Act) and that an independent examination is needed It 15 my responslblllty to.. Examlne the accounts under Section 145 of the Charfcles Act To follow the procedures laid down in the general Dirertions glven by the Charity Commission (under sertion 145ISllbl of the Charities Act and To state whether particular matters have come to my attention. 8asls of Independent examinerfs statement My examlnation was carrled out in accordance with general Directions glven by the ChaTSty Commission. An examination includes a review of the atcountinB records kept by the charity and a comp3rison ol the accounts presented with those records. It a550 includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no oplnlon is given as to whether the accounts present a 'true and falrf view and the report Is limited to those matters set out In the statement below Independem Examlnels Statement In connection w5th my examination, no matter has come to my attention which give5 me reasonable cause to believe that in, any material re5pert Accountlng records were rbot kept in accordance wlth 5ectien 130 of the Charities Att or The accounts do not accord with the accounting records I have come across no other matters In connectlon with the examinatlon to which atterbtion should be drawn in order to enable a proper understanding of the accounts to be ￿a(hed MF bb FCA One New Street, Wells, BA5 2LA 18 March 2022 During another remarkable year, fdlowng 2020.5 successful Gift Day. in 2021 we received legacies lolaifing £23,IXX) ond o donolion of £25.(m designoted for the church building. Unfortunately. our Planned giving ￿ still decreosing. We managed to make all of our Parish Shore payment5 this year. and finished the year, with o surplus overall. hoving been able lo open up the chvich ond the Hall, just about relurning to normal lor Ihe new nomoll Our operating income and expenditure in summary . Income Planned giving and gift aid 99.414 Other income & fundraising 5.857 Legacies 23,0 Wedding and funeral fees 9,267 Hall hlre 8,708 Total 146,246 Expendlture Charitable donations made 4,703 Parish share and salaries 109,770 Utilitie5 and expen5e5 21.908 Total 136,381 Surplus at the end ot the year (operating) 9,985 Summary of Ihe Development Fund occounts '. Income Donations and gift aid 2.015 Fund raising events 366 Tolal 2.381 Expenditure 337 Building Interest 312 Fundraising expenses 235 Total Surplus for the year 1.497 The bolance ol the loan from the Diocese is £40.C((i ond lulure annual payments hove been reduced to £10,C(t) annually. Reserve Policy - o reserve of unr851ricled funds ol £15,C(il. We hove not needed to moke ony tronslers from designoled lunds this year and th8 POSltion ol the funds is . Unrestricted Oesi Restrlcted K&P General Hall Bungalow Dev Fund Income 133,533 7.203 3,502 25,1￿* 2,527 Expenditure 131,265 5,206 4,729 738 Surplus 2.268 1,997 11,2271 25,0(YJ 1,789 Opening bal 46,631 156 12.626 8,459 Bal at Dec-21 48,899 2.153 11,399 25,0(K) 9,956 Investment gains 115 195 The Restrlcled fund figures are Just Ihe Development fund and not Brfce & Bllsset etc. Agency Payments Parishioners are slill using our locililie5 for donolion5, which ore as follows . 2021 2020 Christian Aid Bungalow Rent deposit vingstone East Parish Water Aid Zambia Link Salvation Army 729.15 775 315.15 5.73 521.89 5.73 476.89 805.05 11.5 685.05 11.5 Assoclated Funds Balance 31-Dèc-21 Balanc• 31-Dec-20 Toddler Group Women's fellowship Snock & chot 1,039.36 18.89 SL Thomas Church ststement of Financial Activities For the period from 01 January 2021 to 31 December 2021 T4 Prfory•ar lund¥ ¢ol¥l A￿dI Incomln9 r••oiir VolLIIW Inrfjn Taxelf￿￿t Warrnd 91¥ry{nstoll*xnKo%ry•Y Otherplannedgmng Co18dK)ns al lots￿￿1* atsY¥￿•¥ I NON.RECURRING orffjwdC*Mtr)M Ivdc SF•J I tax IqCOV•F•d through GrfIAh 104 104 23 74.194 6.241 53.956 8.344 6346 2.972 21.e02 55,156 7JO 7,076 2.972 21.862 23.000 141 23.45S S.￿0 RECiJRRING giAnts (Pkhl In rpvtth*n 144 1.e02 28.867 3$5 Fund lo￿￿J(grO￿a￿￿￿II IDwn•from Irw•itmD rhvwJetlL*. in*wsL IrKxJrfo fvtmptmrty Cbur¢h ststutrxyfeei mtaimd by the PCC BookitAII, h￿1 l•thngi, mAWrn cthryrin¢O￿ry rewJrrfj¥ 7.557 8.281 9.￿7 9.433 9.049 3.78e 4.033 13 Tol•l In¢ornLn9 r••0￿￿¢ 133.033 171,7 I1&B24 R••oyr¢•s Cosis r4 Fund• colts. •t) l fybin$ ch•n*¥lry Gr•it•8 Church p•n*￿ sh*r• t¢ J,1e4 4.703 4,703 Sknj.￿2 BO 542 22.0¥ 80.805 19,020 SS2 11,096 2.216 Expen￿ lof deFgy. It￿. ywth •*) iJ.L 2.fpJ2 1J6 Church utlitsei1gH• Watef) Casts ofTrndiry Irwpzw. Mwrwhto ¢hLYch W Uflth•rPCC wop*ty. 1.125 3.127 158 ,)73 370 370 131J66 1Q,OQl 1411$1 2J67 29,114 rr•nsf•r* I4•11￿¢Vrr*A1•xP*b￿tt￿r•) 2J•T .614 othwrrtognl$8dg•ln81108S•8 on InfftstrY*nt4U• 19S 1981 M•trrrf>v•ffl•nt4nfun 2JSl 25,119 lJ37 29.•26 J7 R8concUlatlon of fund¥ Tol•l lund• broLyht rorw4rd 46N1 22.119 Yotsl c•rrknOforw•rd JJ99 47.939 13.133 101.972 R•pr•s•ntBdty C¢nergifund Deswjnated 48.899 48.631 11 Marth 20Z2 Page 1 TLtsI fund* Pdorywr JI fvnd¥ chu￿ Fu 11.399 11$2 4726 25.or4J 11.399 2.152 12.62$ H*1 Fu Fab[￿ Fund K * P Pye Church Ouldw F￿ Fu Organ Fund Revaluat￿￿ Rostrctod 4.610 27 92 149 149 243 2.820 BrrA & Fund 2.V25 8.459 Livwstono Oost pgrt•h Zafflbia ￿llk 106 11 Marth 2022 Page 2