PARISH OF ST MARYS, UFFCULME Receipts and Payments Attount Year Ended 31 December 202a (Register Charity No. 11469401 Note Unrestricted Restrlrted Funds Funds T4)ts1 2022 Receipts Planned Giving Collections Special Giving Donations Tax Recovered REACH Church Fundraising Interest & Dividends Spotlight Magazine Churchyard Rents Grants Church Fees Inetl Square Corner Church Hire NET Mobile Mast Christma5 Tree Festival Uffculme Bellringers Mission Outreach Totsl Receipts 21934 6913 21934 6913 1126 IS88 8069 5467 1935 11521 8837 255 600 1942 5294 694 6700 717 22853 5861 1126 1588 8069 4712 8727 5467 1935 2094 8837 255 1597 11013 7816 255 4438 2503 7838 225 6700 9427 400 1942 5294 694 6700 717 65 4474 65 4474 83 8165 71711 16420 88131 94430 Payments Common Fund Clergy Expenses Maintenance Insurance Upkeep of Services Heat & Light Square Corner Spotlight Magazine Music REACH Fundraising Costs Church Tithe/Giving Print, post, Stationery Uffculme Bellringers Independent Examiner Bank Charges Christmas Tree Festival Sundries Mission Outreach Totsl payments 30552 593 2059 6837 257 3573 7033 7954 30552 593 3886 6837 477 3573 7033 7954 659 8307 257 2826 72 26543 1218 24144 6345 625 4076 6105 7518 5805 1827 220 659 8307 257 2583 72 98 3346 230 474 261 82 243 278 61 771 197 12893 75970 278 61 771 197 12893 87226 291 17984 105145 11256 Accumulated fund blfvid 01.01.23 Transfer between funds IDeficit}ISurplus 57820 1172 4257 24291 -1172 5.164 82111 92816 io -10715 905 Accumulated Fund clfwd at 31.12.23 54735 28283 83016 82111 PARISH OF sr MARY'S. UFFCULME Statement of Assets and Llabllltles As At 31 December 2023 (Registered Charity No. 11469401 Monies Held: Bank CurrentAccounts & Cash COIF Deposit Funds CAF Deposit Account 7,938 75,046 32 83,016 Permanent ErKlowments (see note 8) CBF Investment Fund114184 untts} CBF Investment Fund1371.18 units) M & G Dividend Income Fund19220 units) M & G Charifund11223 units) 320,634 8,391 4.679 17.550 351,254 Represented bv: Note Bal @ 1.1.23 Receipts Payments Transfer Bal @ 31.12.23 Unrestricted General fund Designated Church Mission Fund Square Corner Ashill Christmas Tree Festival Uffculme Bellringers Restricted Fabric Music REACH Special Givin8 St Stephen's Ashill Church Flower Fund 46779 64432 63996 -5780 41435 1411 4528 -195 2583 7033 1587 771 2268 2789 -579 1118 696 5294 1203 717 65 1172 631 25186 1567 8749 678 5867 1126 1827 659 8307 243 32108 1586 -100 1,103 685 -93 2340 -1172 1392 127 220 SulFTotal 82111 88131 87226 83016 Permanent Endowments Bal @ 1.1.23 Change in Value 1£) Bal @ 31.12.23 E Bri￿ Endowment T Bri￿ Endowment 292841 30581 27.793 39 320634 30620 s￿￿TI)￿l 323422 27.832 351254 Total 405533 434270 Notes: l. Bank interest Fabric Fund Music Fund General Fund 8749 678 11521 2. Grants Exeter Diocese - Mustard Seed (REACH) Uffculme Parish Council 4CX) 3. Square Corner Income Hire of rooms Coffee mornings Donations 3397 iijoo 897 5294 4. REACH Projert- Income Donations PCC Contributions Programme Income Tax recovered (Gift Aid) 2625 2350 443 49 5467 5. REACH Project- Expendlture Staff costs Programme costs Office costs 7513 350 8307 Mission Outreach concluded on 31.8.2023 with the Introdurtion of the REACH Project Iref. note 71 6. Special/Mission giving Karen Action Group CHAT Royal British Legion 1022 1556 248 2826 7. REACH Project This is a 3 year project that started on 1.9.2023. Exeter Diocese awarded the project a grant in year l of £6.0￿ which was received after the year end date of these accounts. Had the Exeter Diocese grant been received before 31st December 2023 the closing balance on the REACH restricted account would have been £5.900 8. Endowment Funds The endowment funds represent capital invested arising from bequests. We are not allowed to use thi5 capital but can spend the interest that arises from it. 9. Reserves Policy The PCC has agreed a reserves policy which identifies a need for a reserve of £25,000 for use in the event of the Church losing one or more of wts key donors, seeing a drop in individual levels of giving or the consequential capital expense due to property repair or renewal. If you would like to see a full copy of thi5 policy. please contart one of the Churchwardens. 10. It is our policy to invest short-term General Fund. Fabric Fund. and Music Fund balances in CCLA deposit funds. Independent Examiner.........-....... Chairman ofthe PCC............................ .................................... Treasurer................... Independent examinerfs report to the membersftrustees of St Mary's Church. Uffculme Parochial Church Council I report on the accounts for the year ended 31 Decemter 2023. Respective responslbllities of trustees and examlner The charity's trustees are responsible for the p￿paratsOn of the accounts The charity's trustees consider that an 8udit is not required for this year under section 144121 of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to-. exalnine the accounts under seclion 145 of the 2011 Act". to follow the prO￿dureS laid down In the general Directions given by ihe Charity Commission under section 145{5Xb) of the 2011 Act,. and lo state whether particular matters have come to my attention. Basis of independent examinerfs report My examinabon was carried out in accordance with the general Direth"ons given by the Charity Commission. An examination includes a review of Ihe accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees conceming any such matters The procedures undertaken do not provide all the evidence that WOLJld be required in an audit and consequently no opinion is given as lo whether the accounts present a 'true and fair view. and the report is limited to those rnatters set out in the ststement below. Independent examinerfs statement In connection wilh my examination, no matter has come to my atten*'on.' 111 which gives me reasonable cause to believe that in any material respect the requirements.. to keep accounting records in accordance with section 130 of the 2011 Acl." and to prepare accounts which accord with the accounting records and (x)mply wrth the accoLtnting requirements of the 2011 Act have not been met.. or {2} to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Marie Johns FCCA B8lchelor & Company Accountants Ltd Charlton House, Cullompton, Devon EX15 1AE 27th February 2024