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2021-12-31-accounts

Devon Area Meeting

Religious Society of Friends (Quakers) in Britain

Devon Area Meeting

Trustees’ Annual Report and Accounts for the year ended 31 December 2021

Charity Number: 1139955

Contents

  1. Introduction

  2. Names of trustees and other administrative information

  3. Charitable object

  4. Structure and governance

  5. Statement of public benefit

  6. Summary of activities during 2021

  7. Summary of financial position Devon Area Meeting Accounts for 2021 (separate document)

1. Introduction

The Area Meeting is a charity established for the advancement of religion and other charitable purposes such as derive from or bear witness to the principles and practices of the Religious Society of Friends (Quakers).

Devon Area Meeting is a constituent part of the Religious Society of Friends (Quakers) in Britain. The national body, also known as Britain Yearly Meeting, has separate charitable status.

2. Names of Trustees and Other Administrative Information

Address for Correspondence:

Devon Area Meeting Clerking Team, c/o Quaker House, 74 Mutley Plain, Plymouth PL4 6LF

Managing Trustees:

The following persons have served as Trustees during the period from 1 January 2021 to the date of this report or as otherwise indicated:

John Elford (Clerk), Sally Hartog, Susan Johns, Emma Seaman, Robert Sharrock, Peter Wood (from 1[st] January 2022), Raymond Thompson ( ex officio ).

Officers:

Clerking Team for 2021:

Ken Orchard, Gerald Conyngham, Amanda Woolley

Clerking Team for 2022:

Ken Orchard, Amanda Woolley, Barbara Sharrock

Treasurer: Raymond Thompson

Meetings for Worship are held at:

Ashburton Quaker Meeting House, Foales Court, North Street, Ashburton, TQ13 7QE Barnstaple Pilton Bluecoat Academy, Abbey Road, Barnstaple, EX31 1JU Bideford Ethelwynne Brown Close, Bideford, EX39 4RH Exeter Friends Meeting House, Wynards Lane, Magdalen Street, Exeter, EX2 4HU Exmouth The Open Door Centre, Church Street, Exmouth, EX8 1PE Kingsbridge Quaker Meeting House, Leigham Terrace, 81b Fore Street, Kingsbridge, TQ7 1AB

Newton Abbot Courtenay Community Centre, Kingsteignton Road, Newton Abbot, TQ12 2QA Okehampton Ockment Centre, North Street, Okehampton, EX20 1AR Plymouth Quaker House, 74 Mutley Plain, Plymouth, PL4 6LF Sidmouth Twyford House Day Centre, Coburg Road, Sidmouth, EX10 8NF Tavistock Quaker Meeting House, 4 Canal Road, Tavistock, PL19 8AR Torbay Friends Meeting House, Tor Hill Lodge, 48 Tor Hill Road, Torquay, TQ2 5RT Totnes Friends Meeting House, 3 Ticklemore Street, Totnes, TQ9 5EJ, at Rushbrook Day Centre, Station Road, Totnes, TQ9 5HW, and in The Glade in Dartington North Woods TQ9 6NS

Custodian Trustee:

Friends Trusts Limited, Friends House, 173 Euston Road, London NW1 2BJ, Registered Charity 237698.

Bankers:

The Devon Area Meeting bankers are the Co-operative Bank, Reliance Bank, Triodos Bank, Charity Bank, the Nationwide Building Society, CAFBank, Lloyds Bank, NatWest Bank and Unity Trust Bank.

Charitable Registration Number: 1139955

3. Charitable object

The object of Devon Area Meeting is the furtherance of the general religious and charitable purposes of the Religious Society of Friends (Quakers) in Britain in the area of Devon Area Meeting and beyond.

4. Structure and Governance

Devon Area Meeting is an unincorporated association governed by a constitution which itself permits further guidance from Quaker Faith & Practice , the Book of Discipline of Britain Yearly Meeting of the Religious Society of Friends. The Members of the Area Meeting are all those persons whose names are for the time being recorded in its official register. The Managing Trustees are those appointed as such by the Area Meeting in session after being nominated by the Meeting’s Nominations Committee. New trustees are required to undertake training by attending a course on trusteeship at, for example, Woodbrooke Quaker Conference Centre.

Business meetings, open to all members of the Area Meeting, are held bimonthly to consider business relating to the whole meeting. These receive regular reports from constituent Local Meetings and from representatives on bodies within Britain Yearly Meeting, in order to keep us in touch with all levels of our charity's work. At present, meetings of trustees take place bimonthly.

Financial Management

Devon Area Meeting comprises 13 Local Meetings of which six occupy buildings managed by the Area Meeting, one which leases a building from West Devon Borough Council, with the remaining six holding Meetings for Worship and other activities in rented accommodation. Local Meetings manage their financial affairs on a day-to-day basis in relation to matters such as: routine upkeep of their property (where this belongs to the Area Meeting); stewardship of and payment for utility services; the funding of charitable activities within the Meeting; the hiring of rooms to outside bodies in line with each Meeting’s letting policy; the receipt of donations from members and attenders; acting as agent in collections in aid of other charitable organisations as decided by each Meeting (e.g. Freedom from Torture, Médecins Sans Frontières, as well as other Quaker charities such as the Quaker United Nations Office in Geneva and New York and the Friends World Committee for Consultation), and other activities as listed.

Each Local Meeting has an appointed treasurer and the annual accounts for each Local Meeting are inspected for approval by an independent examiner. Local Meetings are required to prepare an annual budget to include running costs and planned maintenance costs based on the recommendations arising from the most recent quinquennial inspection of their Meeting House if this is property owned by the Area Meeting.

The central account of the Area Meeting is managed by the Area Meeting Treasurer, who also prepares the collated accounts for the whole of the charity – the 13 Local Meetings. Funds from the central account are used to support the charitable activities of the Area Meeting; to fund building improvements and major repairs; and to support Friends in attending conferences and training courses.

The Area Meeting Reserves Policy which was set up in 2012 provides the basis for clarifying the division of responsibility for financial planning between Devon Area Meeting and its constituent Local Meetings. In Local Meetings where there is surplus income over expenditure in any year, this surplus is transferred to Area Meeting and a recommendation is then made by trustees on the amount that can be forwarded for use in the charitable work of our national body, Britain Yearly Meeting.

The designated Repairs Fund, corresponding to 2½% of the current valuation of our building stock, exists to fund unexpected major repairs should such an emergency not covered by insurance occur in any of the Meeting Houses owned by the Area Meeting.

In addition to its six Meeting Houses, the Area Meeting owns the Swarthmore Centre in Plymouth, a building that was formerly the Plymouth Meeting House, but which is now let on a commercial basis to an organization which provides training, education and support to vulnerable and disadvantaged individuals to help them improve their lives. The rental income from this is partly used to support the charitable objectives of Devon Area Meeting, and partly to provide income for major repairs and maintenance on our seven Meeting Houses.

The financial statements for 2021 are submitted as a separate document.

5. Statement of Public Benefit

Trustees are fully conversant with the Charity Commission’s guidance on the requirement to report on the public benefit derived from operating as a charity and consider that such benefit arises from all the activities of Devon Area Meeting as set out below.

Devon Area Meeting provides the resources and premises for the holding of weekly, or more frequent, public Meetings for Worship in the manner of Friends in thirteen locations across Devon. When not in use by Quakers, all of the Meeting Houses currently owned by the Area Meeting (Ashburton, Exeter, Kingsbridge, Plymouth, Torquay and Totnes) are available for community hire by groups sympathetic to our Quaker testimonies, or for use by charities such as Alcoholics Anonymous and Drug Addicts Anonymous. Any member of the public can become associated with a Quaker Meeting, either as an attender or as a full member. Our Meetings for Worship are open to the public and the benefits, such as using our buildings or receiving financial assistance from the meeting, are normally available to all members and regular attenders.

Our local Meetings make their Quaker faith and witness as visible and available as possible to everyone in their local communities.

In addition to the holding of public Meetings for Worship, Devon Area Meeting is involved in many community projects and activities such as the appointment and service of prison chaplains at HMP Exeter, HMP Channings Wood, and HMP Dartmoor. Quaker-appointed Chaplains also work as part of multi-faith teams to support hospital patients, university students and staff in these different institutional communities, with their service available to all. There is a Quaker Chaplain in Torbay hospital, and part of the Quaker presence in Plymouth is through the quiet Meeting for Worship held in the University which continues to be held twice a month. In Exeter the Quaker presence at the university is helped by way of the Quaker Society, and a weekly lunchtime Meeting for Worship is held at the university in term time. The work of the hospital and university chaplains is much appreciated, and the breadth of their role within these communities is extraordinary.

Support for refugees by many Meetings’ active involvement in bodies such as Refugee Support Devon has led to various initiatives. One such, following a deeply felt process of spiritual discernment, is Exmouth Local Meeting’s Concern for Refugees, which has resulted, with the support of the Devon Area Meeting, in purchase of a property to house a refugee family under the Government’s refugee resettlement scheme. This has been leased to East Devon District Council, and a refugee family from Afghanistan is now housed there under the Government’s resettlement scheme. Several Local Meetings have become Sanctuary meetings.

Friends across Devon are actively translating their faith into action within Quaker organisations or in collaboration with others sharing the same concerns, such as poverty, sustainability, climate change, refugees, mental health, and ministry within prisons and other institutions. In these ways we strive to be a loving community which is open and welcoming to all.

6. Summary of Activities during 2021

6.1 Activities within the Area Meeting and its Local Meetings

The activities within the Area Meeting and its Local Meetings have continued to be severely constrained because of the coronavirus pandemic and the related government restrictions. However, most of our Local Meetings have arranged to hold Meetings for Worship and other meetings online, using facilities such as Zoom. Some Local Meetings have used so-called ‘blended meetings’, where some Friends have met in the local Meeting House with appropriate social distancing, with other Friends participating online.

These changes to the ways in which Friends have been able to meet (whether in-person or online), resulting from the various restrictions imposed as a result of the pandemic, have had lasting effects on the composition of some Local Meetings. Many Friends who had never previously connected with others online are now participating in these online and ‘blended’ Meetings for Worship, and some are joining online Meetings based outside their local area, such as those arranged by Woodbrooke Quaker Study Centre.

Despite the severe restrictions on gathering together during the year, many Friends have continued to be involved in activities and organisations that exemplify the Quaker Testimonies. These include participating in Extinction Rebellion actions, involvement in the Transition Town movement, campaigning for better treatment of refugees, and supporting the vulnerable in their local communities in many different ways.

Local Meetings continue to embed their efforts to live in a more sustainable way and to bear witness to our testimonies by example both within Meeting and in the local community.

6.2 Trustees Business

Trustees met as usual on six occasions during the year but online rather than face-to-face because of the coronavirus restrictions. This arrangement has worked well for the small group of trustees. As from 2022 we intend to meet in person at least once a year.

In addition to undertaking the more routine responsibilities, the main activities and concerns have been as follows:

Tavistock Meeting House

In early 2021 a new 25-year lease was signed with West Devon Borough Council for Tavistock Meeting’s Meeting House at 4 Canal Road, Tavistock. Major changes to the building are being made to provide more usable space and to improve disability access; these works were commenced in early 2022.

Ashburton Meeting House

The roof of Ashburton Meeting House was repaired and photovoltaic panels installed as one of the Meeting’s contributions to reduce CO2

emissions and their effect on climate change.

Swarthmore Centre, Plymouth

The previous tenant of the building, an international language school, suffered a severe loss of income as a result of the pandemic, and it was agreed that their lease could be surrendered. A new tenant was found (see Financial Management section above), and a 9-year lease signed in early 2022.

Safeguarding of children and vulnerable adults

We received from Britain Yearly Meeting a new Model Safeguarding Policy together with Model Procedures and a Toolkit. However, Trustees had a number of reservations about these documents and are in the process of determining what changes to make to our existing policy and procedures for the safeguarding of children and vulnerable adults within our Local Meetings. In addition, steps are being taken to improve the training of key personnel in the matters with the assistance of the organisation thirtyone:eight.

Financial aspects of the coronavirus pandemic

As mentioned elsewhere in this report, the coronavirus pandemic and the associated restrictions imposed by the Government have had a serious effect on the Area Meeting’s finances. The main effect has been the loss of rental income on our investment property, the Swarthmore Centre, and our inability to let rooms in our Local Meeting Houses. However, by the end of the year we were able to see some substantial recovery

7. Summary of current financial position

By far the largest impact on our finances in 2021 was the loss of income from the lease of our investment property, Swarthmore, and the inability of our local meetings to gain income from hiring rooms in the early part of the year. Donations from individuals have dropped slightly but are not a cause for concern.

We have continued to keep our properties properly maintained and, in some cases, made useful improvements. About 40% of our support costs have gone on premises, including venue hire for those local meetings not having their own building. We did not contribute to Britain Yearly Meeting from central funds in 2021 but local meetings were able to maintain their giving resulting in a worthwhile contribution to our national body.

At Local Meeting level, we keep reserves of 6 months’ running costs plus £5,000 for each Local Meeting that manages a meeting house (a total of about £120K). Additionally, we keep approximately 2.5% of the insured value of our properties (£200K) centrally for emergency building repairs, resulting in total planned reserves across the Area Meeting of approximately £320K.

Additionally, small sums are currently being held by Local Meetings for ongoing projects.

Of our total fund value of nearly £2.4M, £29.5K is in restricted funds. Available cash in excess of local reserves and the emergency repair fund is approximately £215K. We are expecting roof repairs on our Swarthmore property to cost approximately £90,000 in 2022/23.

Consideration has been given to making substantial alteration to one of our meeting houses or selling it if a more suitable property becomes available, but we have not been able to progress this very far at present.

Our investment policy is to invest only in organisations with high ethical standards and as far as possible to use banks which have similar policies. There are no material uncertainties that cast any doubt on the charity's ability to continue as a going concern. No fund is showing a deficit.

John Elford Clerk to Trustees

Dated 8[th] October 2022

Devon Area Meeting - Annual accounts - 2021

Collated accounts for the whole of the charity

(Registered charity number 1139955)

Annual accounts for the period: 1 January 2021 to 31 December 2021

(Version 6.2)

Section A
Statement of financial activities
Section A
Statement of financial activities
Section A
Statement of financial activities
Section A
Statement of financial activities
Section A
Statement of financial activities
Section A
Statement of financial activities
S01
S02
S03
S04
S05
S06
S07
S08
S09
S10
S11
S12
S13
S14
S15
S16
S17
S18
S19
S19
S20
S21
S22
Unrestricted
Restricted
Endowment
Total
Prior year
funds
funds
funds
funds
funds
F01
F02
F03
F04
F05
Incoming resources (Note 3)
Donations and legacies 83,276.32 0.00 0.00 83,276.32 92,735.28
Charitable activities 1,131.50 0.00 0.00 1,131.50 577.28
Other tradingactivities 46,259.50 0.00 0.00 46,259.50 39,134.84
Investments 14,568.88 336.58 0.00 14,905.46 13,609.53
Separate material item of income 0.00 0.00 0.00 0.00 0.00
Other 2,781.60 0.00 0.00 2,781.60 24,991.89
Total 148,017.80 336.58 0.00 148,354.38 171,048.82
Resources expended (Note 6)
Raisingfunds 41,764.67 0.00 0.00 41,764.67 51,239.21
Charitable activities 114,110.29 0.00 0.00 114,110.29 159,418.84
Separate material item of expense 0.00 0.00 0.00 0.00 0.00
Other 0.00 0.00 0.00 0.00 0.00
Total 155,874.96 0.00 0.00 155,874.96 210,658.05
Net income/(expenditure) before
investmentgains/(losses)
(7,857.16) 336.58 0.00 (7,520.58) (39,609.23)
Netgains/(losses)on investments 5,700.63 2,034.45 0.00 7,735.08 (2,990.69)
Net income/(expenditure) (2,156.53) 2,371.03 0.00 214.50 (42,599.92)
Extraordinaryitems 0.00 0.00
Transfers between funds 0.00 0.00 0.00 0.00 0.00
Other recognised gains/(losses)
Gains and losses on revaluation of
fixed assets for the charity's own use
0.00 0.00 0.00 0.00
37,022.21
Transfers from/(to)Area Meeting 0.00 0.00 0.00 0.00 0.00
Othergains/(losses) 0.00 0.00
Net movement in funds (2,156.53) 2,371.03 0.00 214.50 (5,577.71)
Reconciliation of funds
Total funds brought forward 2,408,128.86 28,025.18 0.00 2,436,154.04 2,441,731.75
Total funds carried forward 2,405,972.33 30,396.21 0.00 2,436,368.54 2,436,154.04

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Section B

Balance sheet

B01
B02
B03
B04
B05
B06
B07
B08
B09
B10
B11
B12
B13
B14
B15
B16
Unrestricted
Restricted
Endowment
Total
Prior year
funds
funds
funds
funds
funds
F01
F02
F03
F04
F05
Fixed assets
Unrestricted
Restricted
Endowment
Total
Prior year
funds
funds
funds
funds
funds
F01
F02
F03
F04
F05
Fixed assets
Unrestricted
Restricted
Endowment
Total
Prior year
funds
funds
funds
funds
funds
F01
F02
F03
F04
F05
Fixed assets
Unrestricted
Restricted
Endowment
Total
Prior year
funds
funds
funds
funds
funds
F01
F02
F03
F04
F05
Fixed assets
Unrestricted
Restricted
Endowment
Total
Prior year
funds
funds
funds
funds
funds
F01
F02
F03
F04
F05
Fixed assets
Unrestricted
Restricted
Endowment
Total
Prior year
funds
funds
funds
funds
funds
F01
F02
F03
F04
F05
Fixed assets
Unrestricted
Restricted
Endowment
Total
Prior year
funds
funds
funds
funds
funds
F01
F02
F03
F04
F05
Fixed assets
Intangible assets(Note 15) 0.00 0.00
Tangible assets(Note 14) 1,166,814.25 0.00 0.00 1,166,814.25 901,814.25
Heritage Assets(Note 16) 0.00 0.00
Investments(Note 17) 531,260.00 0.00 0.00 531,260.00 796,260.00
Total fixed assets 1,698,074.25 0.00 0.00 1,698,074.25 1,698,074.25
Current Assets
Stocks(Note 18) 0.00 0.00
Debtors(Note 19) 11,529.05 0.00 0.00 11,529.05 11,231.41
Investments(Note 17.4) 180,097.88 12,601.15 0.00 192,699.03 184,963.95
Cash at bank and in hand(Note 24) 518,215.76 17,795.06 0.00 536,010.82 560,647.62
Total current assets 709,842.69 30,396.21 0.00 740,238.90 756,842.98
Creditors: amounts falling due within
oneyear(Note 20)
1,944.61 0.00 0.00 1,944.61 18,763.19
Net current assets/(liabilities) 707,898.08 30,396.21 0.00 738,294.29 738,079.79
Total assets less current liabilities 2,405,972.33 30,396.21 0.00 2,436,368.54 2,436,154.04
Creditors: amounts falling due after
oneyear(Note 20)
0.00 0.00 0.00 0.00 0.00
Provision for liabilities 0.00 0.00
Total net assets or liabilities 2,405,972.33 30,396.21 0.00 2,436,368.54 2,436,154.04
Funds of the charity
B17 Endowment funds (Note 27)
B18 Restricted income funds (Note 27)
B19 Unrestricted funds
B20 Revaluation reserve
B21
Total funds
Signed by one or two trustees on
behalf of all the trustees
Template : 6.2
Funds of the charity
B17 Endowment funds (Note 27)
B18 Restricted income funds (Note 27)
B19 Unrestricted funds
B20 Revaluation reserve
B21
Total funds
Signed by one or two trustees on
behalf of all the trustees
Template : 6.2
Endowment funds (Note 27)
Restricted income funds (Note 27)
Unrestricted funds
Revaluation reserve
0.00 0.00 0.00
30,396.21 30,396.21 28,025.18
2,405,972.33 2,405,972.33 2,408,128.19
0.00 0.00
Total funds 2,405,972.33 30,396.21 0.00 2,436,368.54 2,436,153.37
Signature R Thompson
Printed name Raymond Thompson
Date of approval 08-Oct-22
Signature J Elford
Printed name John Elford
Date of approval 08-Oct-22

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Section C

Notes to the accounts

Note 1 Basis of preparation

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with SORP2015 (FRS 102) and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102.

1.2 Going concern

There are no material uncertainties that cast any doubt on the charity's ability to continue as a going concern.

1.3 Change of accounting policy

The accounts present a true and fair view and the accounting policies adopted, outlined in note 2, are unchanged. However, we now consider that one of our properties, acquired last year and shown as an investment property, is better regarded as of social benefit and is now recognised as a tangible fixed asset.

1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period .

1.5 Material prior year errors

No material prior year errors have been identified in the reporting period.

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Note 2 Accounting policies

2.1 Reconciliation with previous generally accepted accounting practice

Not applicable.

2.2 Income

2.2 Income
Recognition of income This is included in the Statement of Financial Activities (SoFA) when:
- the charity becomes entitled to the resources;
- it is more likely than not that the trustees will receive the resources; and
- the monetaryvalue can be measured with sufficient reliability.
Offsetting There has been no offsetting of assets and liabilities, or income and expenses, unless required
or permitted by the FRS 102 SORP or FRS 102.
Grants and donations Grants and donations are only included in the SoFA when the general income recognition criteria
are met (5.10 to 5.12 FRS102 SORP).
The charitydoes not receiveperformance relatedgrants.
Legacies Legacies are included in the SoFA when receipt is probable, i.e., when there has been grant of
probate, the executors have established that there are sufficient assets in the estate and any
conditions attached to the legacy are either within the control of the charity or have been met.
Governmentgrants The charitydoes not receivegovernmentgrants.
Tax reclaims on Gift Aid receivable is included in income when there is a valid declaration from the donor. Any
donations and gifts Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an
addition to the same fund as the initial donation unless the donor or the terms of the appeal have
specified otherwise.
Contractual income and
performance related The charity does not receive contractual income or performance related grants.
grants
Donated goods Donated goods are measured at fair value (the amount for which the asset could be exchanged)
unless impractical to do so.
The charity does not have donated goods for distribution to beneficiaries.
The charity does not accept donated goods for resale.
Goods donated for on-going use by the charity are most likely to be library books which are
included for insurance purposes but not considered to have any value in accounting terms.
The charityreceives no othergifts in kind.
Donated services and
facilities
The charity does not receive donated services or facilities.
Support costs The charityhas incurred expenditure on support costs.
Volunteer help The value of any voluntary help received is not included in the accounts but is described in the
trustees’ annual report.
Income from interest, This is included in the accounts when receipt is probable and the amount receivable can be
royalties and dividends measured reliably.
Income from
membership
subscriptions
The charity does not have membership subscriptions. All contributions from members are
recognised in Donations and Legacies.
Settlement of insurance Insurance claims are only included in the SoFA when the general income recognition criteria are
claims met (5.10-5.12 FRS102 SORP) and are included as an item of other income in the SoFA.
Investment gains and This includes any realised or unrealised gains or losses on the sale of investments and any gain
losses or loss resulting from revaluing investments to market value at the end of the year.

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2.3 Expenditure and liabilities

2.3 Expenditure and liabilities
Liability recognition Liabilities are recognised where it is more likely than not that there is a legal or constructive
obligation committing the charity to pay out resources and the amount of the obligation can be
measured with reasonable certainty.
Governance and Support costs have been allocated between costs of raising funds and costs of Quaker activities.
support costs Governance costs comprise all costs involving public accountability of the charity and its
compliance with regulation and good practice.
Support costs include central functions and have been allocated to activity cost categories on a
basis consistent with the use of resources, eg allocating property costs by floor areas, or per
capita, staff costs by the time spent and other costs by their usage.
Grants with performance Where the charity gives a grant with conditions for its payment being a specific level of service or
conditions output to be provided, such grants are only recognised in the SoFA once the recipient of the
grant has provided the specified service or output.
Grants payable without Where there are no conditions attaching to the grant that enables the donor charity to realistically
performance conditions avoid the commitment, a liability for the full funding obligation must be recognised.
Redundancy cost The charitymade no redundancy payments duringthe reporting period.
Deferred income No material item of deferred income has been included in the accounts.
Creditors The charity has creditors which are measured at settlement amounts less any trade discounts.
Provisions for liabilities A liability is measured on recognition at its historical cost and then subsequently measured at the
best estimate of the amount required to settle the obligation at the reporting date.
Basic financial The charity accounts for basic financial instruments on initial recognition as per paragraph 10.7
instruments FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102
SORP.

2.4 Assets

**2.4 ** Assets
Tangible fixed assets for The charity has fixed assets. Buildings are valued at cost; fixtures & fittings are written off at time
use by charity of purchase.
Intangible fixed assets The charityhas no intangible fixed assets.
Heritage assets The charityhas no heritage assets.
Investments Fixed asset investments in quoted shares, traded bonds and similar investments are valued
initially at cost and subsequently at fair value (their market value) at the year end. The same
treatment is applied to unlisted investments unless fair value cannot be measured reliably in
which case it is measured at cost less impairment.
Investments held for resale or pending their sale and cash and cash equivalents with a maturity
date of less than 1 year are treated as current asset investments.
Investment property consists of buildings held for rental income, capital appreciation, or both,
rather than for the charity’s own use. Investment properties are measured initially at cost and
subsequently at fair value, with movements recognised in the Statement of Financial Activities.
Properties are not depreciated but are revalued and reviewed according to market conditions
every5years.
Stocks and work in Stocks held for sale as part of non-charitable trade are measured at the lower of cost or net
progress realisable value.
Goods or services provided as part of a charitable activity are measured at net realisable value
based on the service potential provided by items of stock.
Work in progress is valued at cost less any foreseeable loss that
is likely to occur on the contract.
Debtors Debtors (including trade debtors and loans receivable) are measured on initial recognition at
settlement amount after any trade discounts or amount advanced by the charity. Subsequently,
they are measured at the cash or other consideration expected to be received.

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The charity has investments which it holds for resale or pending their sale and cash and cash
equivalents with a maturity date less than one year. These include cash on deposit and cash
equivalents with a maturity date of less than one year held for investment purposes rather than
to meet short term cash commitments as they fall due.
Current asset
investments
Theyare valued at fair value except where they qualifyas basic financial instruments.
The charity has investments which it holds for resale or pending their sale and cash and cash
equivalents with a maturity date less than one year. These include cash on deposit and cash
equivalents with a maturity date of less than one year held for investment purposes rather than
to meet short term cash commitments as they fall due.
Current asset
investments
Theyare valued at fair value except where they qualifyas basic financial instruments.
The charity has investments which it holds for resale or pending their sale and cash and cash
equivalents with a maturity date less than one year. These include cash on deposit and cash
equivalents with a maturity date of less than one year held for investment purposes rather than
to meet short term cash commitments as they fall due.
Current asset
investments
Theyare valued at fair value except where they qualifyas basic financial instruments.
The charity has investments which it holds for resale or pending their sale and cash and cash
equivalents with a maturity date less than one year. These include cash on deposit and cash
equivalents with a maturity date of less than one year held for investment purposes rather than
to meet short term cash commitments as they fall due.
Current asset
investments
Theyare valued at fair value except where they qualifyas basic financial instruments.
The charity has investments which it holds for resale or pending their sale and cash and cash
equivalents with a maturity date less than one year. These include cash on deposit and cash
equivalents with a maturity date of less than one year held for investment purposes rather than
to meet short term cash commitments as they fall due.
Current asset
investments
Theyare valued at fair value except where they qualifyas basic financial instruments.
The charity has investments which it holds for resale or pending their sale and cash and cash
equivalents with a maturity date less than one year. These include cash on deposit and cash
equivalents with a maturity date of less than one year held for investment purposes rather than
to meet short term cash commitments as they fall due.
Current asset
investments
Theyare valued at fair value except where they qualifyas basic financial instruments.
The charity has investments which it holds for resale or pending their sale and cash and cash
equivalents with a maturity date less than one year. These include cash on deposit and cash
equivalents with a maturity date of less than one year held for investment purposes rather than
to meet short term cash commitments as they fall due.
Current asset
investments
Theyare valued at fair value except where they qualifyas basic financial instruments.
Note 3
Analysis of income
Unrestricted
Restricted
Endowment
Total
Prior year
funds
funds
funds
funds
funds
F01
F02
F03
F04
F05
Donations and legacies
Donations 73,180.17 0.00 0.00 73,180.17 80,720.99
Gift Aid 8,381.15 0.00 0.00 8,381.15 10,729.29
Legacies 1,000.00 0.00 0.00 1,000.00 0.00
Other voluntaryincome 715.00 0.00 0.00 715.00 1,285.00
Total 83,276.32 0.00 0.00 83,276.32 92,735.28
Charitable activities
Sales 1,131.50 0.00 0.00 1,131.50 277.50
Othergenerated income 0.00 0.00 0.00 0.00 299.78
Total 1,131.50 0.00 0.00 1,131.50 577.28
Other trading activities
Lettings 46,259.50 0.00 0.00 46,259.50 39,134.84
Other trade income 0.00 0.00 0.00 0.00 0.00
Total 46,259.50 0.00 0.00 46,259.50 39,134.84
Income from investments
Dividends 174.46 336.58 0.00 511.04 546.14
Interest 104.54 0.00 0.00 104.54 545.49
Rent & lease income 14,289.88 0.00 0.00 14,289.88 12,517.90
Other investment income 0.00 0.00 0.00 0.00 0.00
Total 14,568.88 336.58 0.00 14,905.46 13,609.53
Separate material item of income
0.00 0.00 0.00 0.00 0.00
Total 0.00 0.00 0.00 0.00 0.00
Other
2,781.60 0.00 0.00 2,781.60 24,991.89
Total 2,781.60 0.00 0.00 2,781.60 24,991.89
Total income 148,017.80 336.58 0.00 148,354.38 171,048.82

Note 4 Analysis of receipts of government grants

The charity does not receive government grants.

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Note 5

Donated goods, facilities and services

The charity does not receive donated goods, facilities or services.

Note 6
Analysis of expenditure
Note 6
Analysis of expenditure
Note 6
Analysis of expenditure
Note 6
Analysis of expenditure
Note 6
Analysis of expenditure
Note 6
Analysis of expenditure
Unrestricted
Restricted
Endowment
Total
Prior year
funds
funds
funds
funds
funds
F01
F02
F03
F04
F05
Expenditure on raising funds
Informationprovision 3,177.98 0.00 0.00 3,177.98 898.76
Tenancyexpenses 300.00 0.00 0.00 300.00 169.00
Investment Management fees 0.00 0.00 0.00 0.00 0.00
Other costs ofgeneratingfunds 0.00 0.00 0.00 0.00 249.00
Support costs allocated 38,286.69 0.00 0.00 38,286.69 49,922.45
Total 41,764.67 0.00 0.00 41,764.67 51,239.21
Expenditure on charitable activities
External committees/conferences 859.30 0.00 0.00 859.30 1,257.85
Quaker role training 2,262.39 0.00 0.00 2,262.39 1,509.99
Personal spiritualgrowth 113.00 0.00 0.00 113.00 134.65
Subscriptions 1,282.36 0.00 0.00 1,282.36 1,072.69
Internal committees 541.55 0.00 0.00 541.55 2,399.36
Library 985.08 0.00 0.00 985.08 1,051.37
Newsletter 56.64 0.00 0.00 56.64 0.00
Catering 28.24 0.00 0.00 28.24 55.10
Officers' expenses 193.10 0.00 0.00 193.10 566.49
Events organised (256.12) 0.00 0.00 (256.12) 386.45
Outreach 137.40 0.00 0.00 137.40 389.34
Grants to individuals 0.00 0.00 0.00 0.00 83.89
Donations to BYM 56,371.71 0.00 0.00 56,371.71 101,450.00
OtherQuaker donations 11,147.00 0.00 0.00 11,147.00 4,600.00
Non-Quaker donations 395.00 0.00 0.00 395.00 3,285.10
Supplies 774.09 0.00 0.00 774.09 689.23
Other costs ofQuaker activities 330.13 0.00 0.00 330.13 1,670.00
Support costs allocated 38,889.42 0.00 0.00 38,889.42 38,817.33
Total 114,110.29 0.00 0.00 114,110.29 159,418.84
Separate material item of expense
0.00 0.00 0.00 0.00 0.00
Total 0.00 0.00 0.00 0.00 0.00
Other
0.00 0.00 0.00 0.00 0.00
Total 0.00 0.00 0.00 0.00 0.00
Total expenditure 155,874.96 0.00 0.00 155,874.96 210,658.05

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Note 7

Extraordinary items

None

Note 8

Funds received as agent

No funds raised acting as agent are for a related party

This year
Last year
£
£
This year
Last year
£
£
This year
Last year
£
£
Amount raised acting as agent AaA to AM 0.00 0.00
AaA to BYM 60.00 60.00
AaA Other Quaker 355.36 489.91
AaA non-Quaker 580.28 3,473.85
TOTAL raised 995.64 4,023.76
Amount paid out acting as agent AaA to AM 0.00 0.00
AaA to BYM 131.30 60.00
AaA Other Quaker 408.69 465.48
AaA non-Quaker 543.87 3,499.85
TOTALpaid out 1,083.86 4,025.33
Difference withinyear (88.22) (1.57)
Actingas Agent balance awaitingdistribution 247.17 220.29
Note 9
Support costs
Note 9
Support costs
Note 9
Support costs
Note 9
Support costs
Note 9
Support costs
Note 9
Support costs
Unrestricted
Restricted
Endowment
Total
Prior year
funds
funds
funds
funds
funds
F01
F02
F03
F04
F05
Support costs
Utilities 6,103.59 0.00 0.00 6,103.59 8,218.03
Insurance 10,828.29 0.00 0.00 10,828.29 8,024.41
Cleaning 7,343.40 0.00 0.00 7,343.40 6,336.52
Gardening 8,384.01 0.00 0.00 8,384.01 1,506.00
Equipment & Furniture 1,669.54 0.00 0.00 1,669.54 5,920.91
Premises 24,367.28 0.00 0.00 24,367.28 44,859.40
Staff salaries 14,657.95 0.00 0.00 14,657.95 10,901.67
Staff NI 0.00 0.00 0.00 0.00 0.00
Staff Pensions 624.95 0.00 0.00 624.95 0.00
Bank charges 300.70 0.00 0.00 300.70 259.30
Fees for examination 830.00 0.00 0.00 830.00 767.00
Other costs ofgovernance 2,552.94 0.00 0.00 2,552.94 0.00
Trustees' expenses 0.00 0.00 0.00 0.00 0.00
Other support costs (486.54) 0.00 0.00 (486.54) 1,946.54
Total 77,176.11 0.00 0.00 77,176.11 88,739.78
Allocation of support costs
To the costs of raisingfunds 38,286.69 0.00 0.00 38,286.69 49,922.45
To the costs of Quaker activities 38,889.42 0.00 0.00 38,889.42 38,817.33
Total 77,176.11 0.00 0.00 77,176.11 88,739.78

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Note 10

Details of certain items of expenditure

This year
Last year
£
£
This year
Last year
£
£
This year
Last year
£
£
Fees for independent examination 830.00 767.00
Note 11
Paid employees
Note 11
Paid employees
Note 11
Paid employees
This year
Last year
£
£
Staff costs
Salaries and wages 14,657.95 10,901.67
Social securitycosts 0.00 0.00
Pension costs(defined contribution scheme) 0.00 0.00

No employees received employee benefits (excluding employer pension costs) of more than £60,000 No management personnel are paid for their services to the charity.

Note 12 Defined contribution pension scheme
None
Note 13 Grant making

No grants are made that in aggregrate form a material part of the charitable activities undertaken

However, it is convenient to show the extent of grants and donations here

This year
Last year
£
£
Grants and donations
This year
Last year
£
£
Grants and donations
This year
Last year
£
£
Grants and donations
Grants to individuals 0.00 83.89
Donations to Britain YearlyMeeting 56,371.71 101,450.00
Donations to Quaker organisations 11,147.00 4,600.00
Donations to non-Quaker organisations 395.00 3,285.10
Note 14
Tangible fixed assets
Note 14
Tangible fixed assets
Note 14
Tangible fixed assets
Note 14
Tangible fixed assets
Note 14
Tangible fixed assets
Note 14
Tangible fixed assets
Unrestricted
Restricted
Endowment
Total
Prior year
funds
funds
funds
funds
funds
F01
F02
F03
F04
F05
Tangible fixed assets
Tangible assets at start ofyear 901,814.25 0.00 0.00 901,814.25 944,691.04
Additions 265,000.00 0.00 0.00 265,000.00 0.00
Disposals 0.00 0.00 0.00 0.00 79,899.00
Revaluations 0.00 0.00 0.00 0.00 37,022.21
Transfers 0.00 0.00 0.00 0.00 0.00
Tangible assets at end ofyear 1,166,814.25 0.00 0.00 1,166,814.25 901,814.25

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Note 15

Intangible assets

There are no intangible assets

Note 16 Heritage assets

There are no heritage assets

Note 17
Investment assets
Note 17
Investment assets
Note 17
Investment assets
Note 17
Investment assets
Note 17
Investment assets
Note 17
Investment assets
Unrestricted
Restricted
Endowment
Total
Prior year
funds
funds
funds
funds
funds
F01
F02
F03
F04
F05
Cash & cash equivalents
Investment assets at start ofyear 174,397.25 10,566.70 0.00 184,963.95 103,652.52
Additions 0.00 0.00 0.00 0.00 82,500.00
Disposals 0.00 0.00 0.00 0.00 0.00
Revaluations 5,700.63 2,034.45 0.00 7,735.08 (1,188.57)
Investment assets at end ofyear 180,097.88 12,601.15 0.00 192,699.03 184,963.95
Investmentproperties
Investment assets at start ofyear 796,260.00 0.00 0.00 796,260.00 531,260.00
Additions 0.00 0.00 0.00 0.00 266,802.12
Disposals 265,000.00 0.00 0.00 265,000.00 0.00
Revaluations 0.00 0.00 0.00 0.00 (1,802.12)
Investment assets at end ofyear 531,260.00 0.00 0.00 531,260.00 796,260.00
Total investment assets 711,357.88 12,601.15 0.00 723,959.03 981,223.95

Note 18 Stocks

No stocks are held

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Note 19
Debtors and prepayments
Note 19
Debtors and prepayments
Note 19
Debtors and prepayments
Note 19
Debtors and prepayments
Note 19
Debtors and prepayments
Note 19
Debtors and prepayments
Unrestricted
Restricted
Endowment
Total
Prior year
funds
funds
funds
funds
funds
F01
F02
F03
F04
F05
Debtors 11,529.05 0.00 0.00 11,529.05 11,231.41
TOTAL 11,529.05 0.00 0.00 11,529.05 11,231.41
Note 20
Creditors and accruals
Note 20
Creditors and accruals
Note 20
Creditors and accruals
Note 20
Creditors and accruals
Note 20
Creditors and accruals
Note 20
Creditors and accruals
Unrestricted
Restricted
Endowment
Total
Prior year
funds
funds
funds
funds
funds
F01
F02
F03
F04
F05
Creditors due within oneyear 1,944.61 0.00 0.00 1,944.61 18,763.19
Creditors due after oneyear 0.00 0.00 0.00 0.00 0.00
TOTAL 1,944.61 0.00 0.00 1,944.61 18,763.19
Note 21
Provisions for liabilities and charges
None
Note 22
Other disclosures for debtors, creditors & other basic financial instruments
None
Note 23
Contingent liabilities and contingent assets
None
Note 24
Cash at bank and in hand
Cash Book
Adjustments
This year
Last year
£
£
£
£
Cash Book
Adjustments
This year
Last year
£
£
£
£
Cash Book
Adjustments
This year
Last year
£
£
£
£
Cash Book
Adjustments
This year
Last year
£
£
£
£
Cash Book
Adjustments
This year
Last year
£
£
£
£
Account 1 - Current 388,247.12 3,895.56 392,142.68 340,655.02
Account 2 - Deposit 147,913.94 0.00 147,913.94 220,237.62
Account 3 - None 3.28 0.00 3.28 0.00
Account 4 - None 0.00 0.00 0.00 0.00
Cash in hand 93.65 93.65 90.37
TOTAL 536,257.99 3,895.56 540,153.55 560,983.01
Actingas Agent - balance held
247.17
335.39
Charityfunds - balance held
539,906.38
560,647.62

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Note 25

Fair value of assets and liabilities

Not applicable

Note 26 Events after the end of the reporting period None

Note 27
Charity funds
Note 27
Charity funds
Note 27
Charity funds
Note 27
Charity funds
Note 27
Charity funds
Note 27
Charity funds
Note 27
Charity funds
Fund B/F Income Expenditure **Transfers ** Gains/losses C/F
General 1,014,316.82 34,213.45 26,516.99 0.00 1,725.82 1,023,739.10
S&M(BMO) 12,322.37 336.58 0.00 0.00 2,069.54 14,728.49
M&M Morris 8,681.40 0.00 0.00 0.00 0.00 8,681.40
D-D(M&G) 1,021.41 0.00 0.00 0.00 (35.09) 986.32
OKE held 3,600.62 (1,179.92) 0.00 0.00 0.00 2,420.70
TOTAL 2,436,154.04 148,354.38 155,874.96 0.00 7,735.08 2,436,368.54
Note 28 Transactions with trustees and related parties
None
Note 29 Additional disclosures

None

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Independent examlnerfs report on accounts I report on myexamination of the accounts of Meeting I'the Meeting'l forthe year ended 31 De￿rnber 2021. Responslbllitles and basis of report The Meeting is responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111.the Arfl. I report in respect of my examination of the Meetirfs accounts carried out under section 145 of the2011 Act and in carrying out my examination I have followed all the applicable Directions given bythe Charity Commi55ion under 5ertion 14515llbl ofthe Art. Independent examinees statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than any disclosed overleaf) giving me cause to believe that in any material respect.. accounting records were not kept in respect of the Meeting as required by section 130 of the Act; or 2. the accounts do not accord with those record5,' or 3. the accounts do not complywith the applicable requirements concerning the fomi and content of accounts set cyjt in the Charitles (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair. view which is not a matter considered as part ol 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 accou nts to be reached. Signed.. Name: Relevant pro essional qualification or membership of professional tx)dies lif any).. Address: FX£25/ Date-

Give here brief details of any material rnatter5 of concem that need to be disclosed following the examination. (see CC32, Independent examination of cha rity accounts.. directions and gu Idan￿ for eMaminer51-