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West Somerset Area Quaker Meeting, of the Religious Society of Friends (Quakers) Registered Charity Number 1155009

Trustees’ Annual Report and Accounts for 1 January – 31 December 2021

Note

This report accompanies the Treasurer’s Report and Accounts for 2021.

Charity Name: West Somerset Area Quaker Meeting of the Religious Society of Friends (Quakers)

Registered Charity Number: 1155009

Reference information

The charity is part of the Religious Society of Friends (Britain Yearly Meeting). It was registered on 15 December 2013 as West Somerset Area Quaker Meeting (WSAQM),

Charity Number 1155009.

Contact Address: Clerk to trustees (as of 01.01.2022)

Faith Cartwright Eastern Barton Carhampton Minehead Somerset TA24 6LX

Names of those acting as trustees during 2021

Sue Brownlie, Faith Cartwright, Brian Collingridge, Charles Henderson, Margaret Stenhouse, (Assistant Clerk), Margaret Stocks (Clerk),

Philip Parratt (ex-officio, Treasurer)

Names of those acting as trustees the time of writing this report:

Faith Cartwright, Brian Collingridge, Charles Henderson, Margaret Stenhouse. Phil Parratt (ex-officio Treasurer)

Names of key officers in 2021

WSAQM Clerkship: Co-clerks Anna Mullet, Martin Wall.
WSAQM Business Team Convenor: Philip Parratt.
WSAQM Communications Clerk: Anna Mallett.
WSAQM Treasurer: Philip Parratt, Cornhill House, 15 Main Road, Westonzoyland, Bridgwater TA5 2EW.

Names and addresses of other relevant organisations or persons

Bankers:
Charities Aid Foundation Bank Ltd, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent ME19 4JQ

Monmouthshire Building Society, Monmouthshire House, John Frost Square, Newport NP20 1PX

Independent Examiner: Jodie Loveday, Brook House, 5 Mountfields Park, Taunton TA1 3BH Other principal advisors:

Friends Trusts Ltd. and Quaker Stewardship Committee,

Friends House, 173 Euston Road, London NW1 2BJ.

Meeting House Addresses

Minehead Meeting House, 9 Bancks Street, Minehead TA24 5DJ Spiceland Meeting House, Uffculme, Cullompton EX15 3AZ

Taunton Meeting House, Bath Place, High Street, Taunton TA1 4EP Wellington Meeting House, High Street, Wellington TA21 8RA

(There are also local Meetings in hired premises in Bridgwater, Burnham-on-Sea and Ilminster.)

Website http://www.westsomersetquakers.org.

Type of governing document: Governing document and terms of reference agreed by West Somerset Area Meeting in 2007

Organisational structure and wider network with which the charity works

The charity is registered with the Charity Commission and operates under the terms of the Scheme issued on 28 July 2014. It is constituted under a Governing Document and Terms of Reference for Trustees agreed by West Somerset Area Quaker Meeting (WSAQM) in 2007. The Area Meeting (AM) also agreed a Memorandum of Understanding between Trustees and Local Meetings in 2007 and by each Local Meeting during 2008. These were updated during 2013. Trustees are nominated by their Local Meetings and appointed by AM. They report to AM annually and on matters of principle or major ongoing items as needed.

The charity functions in accordance with Quaker Faith and Practice of Britain Yearly Meeting in its meetings for business as an Area Meeting and in Trustees’ meetings as well as following the documents referred to above. Decisions in both bodies are made on the basis of seeking unity under the guidance of the Spirit with the clerk of that body minuting these at the time. These minutes are posted on the AM website.

West Somerset Area Quaker Meeting currently recognises 7 Local Meetings – although it may reduce to 6 if Burnham-on-Sea LM decides to become part of the North Somerset AQM - and has set up Trustees and various committees for particular tasks. Area Meeting operates bank accounts and accounting for Area and Local Meetings. The Local Meetings are responsible for their own funds and appoint a Treasurer where they can. Accounts are inspected annually.

The Area Meeting is a constituent part of Britain Yearly Meeting (BYM) within the Religious Society of Friends. It relates to these as appropriate or required. Friends Trusts Ltd acts as custodian trustee for the properties owned by the Society within the Area Meeting. Some funds are allocated to Elders and Overseers for use at their discretion for members in need or for the spiritual and educational development of members, attenders and Meetings.

Ring binders for each Local Meeting have been produced to allow all Area Meeting policies and codes of practice to be easily available in each Local Meeting. Each policy is contained in a plastic pocket to enable ease of replacement should any policy be amended or superseded.

Objects and Activities

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

WSAQM pursues its object of the furtherance of the religious and charitable purposes of the Religious Society of Friends through holding meetings for worship in seven different locations on Sunday mornings and in some places at other times. Open meetings on the basis of Quakerism or current issues in society are held from time to time, and acts of witness and meetings in public places held or supported on particular matters of concern throughout the year. Each Local Meeting (LM) - and the Area Meeting itself - provides opportunities for learning, discussion and fellowship, not least in developing understanding of being Quakers today. A Newsletter is produced 3 times a year. The national weekly magazine for the Society of Friends, ‘The Friend’, is available for visitors’ use, mostly stored in the LMs’ libraries for ease of reference. During 2021 several Local Meetings, though not all, have used the internet program called Zoom to enable virtual Meetings for Worship to be held on a regular basis while Meeting

Public Benefit

The charity provides public benefit through the provision of regular public meetings for worship, fostering the spiritual life and development of its members and attenders, co-operation with a range of voluntary bodies with similar aims and the availability of premises owned by the charity for use or hire to a wide variety of bodies in the communities in which they

are placed. Meetings also support financially and practically a number of charitable activities, run by Quakers and by others, in line with their principles.

The film company Purple Field Productions receives particular support from the Area Meeting for its innovative work in highlighting issues faced by disadvantaged people in African and Asian countries and through its training of local film-makers in those locations.

Support is also given to the Somerset Chapter of Citizens UK – a campaigning group that seeks to bring together numerous civic groups to give voice to unmet need in the community.

Statement regarding the Charity Commission’s advice on public benefit:

West Somerset Area Quaker Meeting trustees have had due regard to the Charity Commission’s advice on public benefit in carrying out their duties during this period.

Trustee Selection Methods: Trustees are nominated by their Local meeting and appointed by the Area Meeting.

At the end of 2021 it was agreed that Area Meeting Nominations Committee would in future nominate suitable trustees who would then be agreed by the Area Meeting The intention is that all Local Meetings are represented on the trustee body. Where that is not possible

representatives from Local Meetings are invited to attend as observers.

Policies and procedures adopted for the induction and training of trustees

Trustees are given copies of the Charity Commission Scheme, Governing Document, Terms of Reference and the Memorandum of Understanding mentioned above as well as recent minutes. One of the Trustees is available for briefings ahead of and after nomination and appointment of new Trustees.

Policy on grant making

As well as transfers to the Area Meeting, each Local Meeting passes on some of its funds to the central funds of Britain Yearly Meeting and such other Quaker organisations as wished. Limited donations are allowed to

organisations with similar aims but more often special collections are taken for charitable purposes decided by AM or the LM.

Main Achievements

2021(like 2020) was for a considerable time constrained by government restrictions due to the pandemic. Although these were eased during the year to some extent, many meetings had regard to the elderly and vulnerable people of their membership and continue to restrict activities accordingly. Whilst still in lockdown, members kept the meeting from their own homes or on-line using zoom. Trustee meetings were held online throughout the year. Business meetings were held by a mixture of using zoom and subsequently in the latter part of the year, by blended meetings. As restrictions eased, most meetings were able to reintroduce meeting in person. Some were able to continue to use blended meetings. One meeting, (Burnham) was not able to meet in person as their meeting is held normally in a community building which they felt was not sufficiently covid secure for their needs.

As other Area Meetings have reported, we had mixed reports of the effects of using zoom; some reporting extending their links while others found it difficult to maintain contact with previously regular or occasional attenders.

Meetings provided pastoral support, by telephone and when allowed, where possible meeting individuals in person as necessary.

During 2021 Trustees arranged an ‘away day’ using zoom, (perhaps more appropriately called, in this instance, an extended ‘away afternoon’). This was to review the work of trustees and consider a plan for the way forward. We focused particularly on the position regarding a sum of money that had been bequeathed for the use of Ilminster Meeting to enable the meeting to acquire suitable premises for the use of the Meeting. It had not proved possible to find suitable premises and thus there was a need to carefully discern whether the Area meeting should continue to hold this money.

During the year trustees undertook a review and updating of the Policies previously adopted in 2018. The amended policies were adopted by the Area Meeting in November 2021. This review did not include policies and practice specifically in place regarding employment; West Somerset Area Meeting has one employee, the warden of Taunton Meeting House. Discussion regarding an incident that took place some years ago relating

to this employment underlined the need for a full review of our employment policies and practice. This review was in any case already planned for 2022. This will include any changes that are required to the terms of reference of the Taunton Meeting House Management Committee which has some delegated powers from Trustees. A separate review has taken place with regard to the Safeguarding policy and a new policy has been adopted on the advice and recommendation of Britain Yearly Meeting. Full implementation of this is currently being considered and this should be in place by the end of 2022.

As part of our ongoing review of the state of our buildings, quinquennial surveys have been carried out on Minehead and Taunton Meeting Houses and we await the reports on these.

The Area meeting met four times during the year and there was one special Topic Area Meeting. Area Meeting supported those who actively took action in support of Cop26 which took place at the end of the year.

The Area meeting has continued to actively support the Ciizens Somerset Group, taking an interest in improving the situation for homeless people in Somerset, Street Safety, living Wage for care workers and a mental health and cycling campaign.

Sustainability.

The Area meeting has an ongoing commitment to sustainability arising from the Canterbury commitment made by Britain Yearly Meeting in 2011.

Local Meetings are asked to review their plans for sustainability regularly. Action on sustainability is underpinned by our Earth Action Group which provides ongoing advice and awareness raising.

West Somerset Quakers Earth Action Group report

Although the group itself did not meet in person since the beginning of the pandemic, members were involved in activities within their local meetings and as part of wider groups.

Over the year leading up to COP26 we produced a number of newsletters with suggestions as to what actions Local Meetings and individuals might take, particularly in the latter part of the year hen Covid restrictions were eased. In July several Friends took part in the Somerset leg of the relay to COP26 organised by Young Christians.

Within West Somerset, Friends held a relay pilgrimage from Spiceland to Bridgwater in September; Taunton’s Meeting for Worship on 31st October was part of the worldwide Meeting for Worship on that day; several Friends went to the Day of Action in Bristol on 6th November and Taunton Friends held a candlelit vigil for Loss and Damage.

We have also made links with Friends in Devon and North and Mid Somerset with the active support of our Local Development worker which we hope can continue and expand over the coming year.

Reports from individual meetings.

Bridgwater

Bridgwater Meeting is a small worshipping group numbering, at a Meeting for Worship, from 4 to 12. Through 2021 Meetings were held weekly on Zoom, at Bridgwater Arts Centre or through both as a blended Meeting. The restrictions of the pandemic were only significantly relaxed later in 2021. We met in occasional “oversight” meetings with social and pastoral intent. Members of the Meeting participated in several Area Meeting roles.

Burnham

This year Burnham Meeting have continued to run the meeting online. All business and information is shared this way and an email is circulated to start Meeting for Worship on a Sunday Morning. The Friend is read by the three Friends still living in Burnham but in the past few years several Friends have moved nearer to other meetings. Also, our members are ageing and increasingly ill health prevents them taking responsibility for or attending MFW in person. For these reasons we have not reopened again for public meetings and are discussing the future of the Meeting with Area Meeting. However, we hope to continue in some way as an informal online group.

Ilminster

At last, we are meeting on a regular basis – a normality which is a great relief to all.

Despite our aging demography we continue to play our part in supporting our community. We support different charities every Sunday throughout

the year. Collections for 'Purple Field Productions', based in Ilminster, are made every other month, collection for six other charities are made in the intervening months. During the late summer of 2021, members of our meeting organised and took part in The Annual Great Big Green Week in Ilminster. Members also support and work with “Green Ilminster” - a group set up to mitigate the effects of Climate Change by planting tree saplings. Since 2020 we have been planting fruit-tree saplings in various public areas around Ilminster in the expectation that, in the fullness of time, the trees will bear fruit which the community can harvest. This endeavour we have christened the “Quaker Dispersed Orchard”. As in past years, the meeting continues to support, and is active in, the 'Ilminster Food Bank' which is ever more important in supporting the growing number of less well-off families in our community.

Minehead

The early part of the year continued much as the greater part of 2020. Pastoral support continued where possible by visits, and telephone. The meeting house remained closed until the easing of government restrictions which led to a cautious reopening in April. Attendance continued to be low but gradually improved to around 6 – 8 during the latter half of the year. However, attendance failed to regain the numbers of pre-lockdown figures. Many of the activities in which we would normally take part were suspended both within the meeting and in the town. However, in September, after careful consideration, we resumed our monthly half hour meeting followed by a simple soup lunch. This has always been popular with the meeting and some regular attenders who for various reasons do not attend on a Sunday. Numbers picked up for this but after two months it was again suspended due to the continuing rapid increase in covid infections in the area. On a happier note, the support provided to Syrian refugees to have a respite break in Minehead were able to go ahead, during the summer. A project which has been supported by the Meeting for several years, this is much appreciated by the refugees, many of whom have become friends of individuals in the meeting. Due to the restrictions, we were not able to welcome them to the meeting house this year. Sadly, two of our valued elderly members died during the year; well attended memorial meetings were able to be held at the meeting house. We look forward to 2022 in hope of a renewed opportunity to resume many of our activities.

Spiceland

We at Spiceland began 2021 expecting to focus on our community being held together through the continuing restrictions due to the pandemic. Meeting in person began again as spring arrived and we were glad to welcome newcomers who were looking for spiritual comfort. As the year progressed, we were able to open the Meeting House grounds on three occasions and again members of the public joined us as they searched for peace. We chose to direct half of our monthly charitable giving to causes beyond Britain Yearly Meeting reflecting the needs of those less fortunate in this difficult time.

Taunton

The Meeting House is now regularly used for Quaker worship on Sunday mornings and people are becoming used once more to worshipping in person. Evening meetings for Worship have re-started but have been restricted to the 1st and 3rd Sundays in the month. The use of zoom continues as a back-up for those unable to attend in person, sometimes as a separate Meeting and sometimes as a blended one. The Meeting’s health and safety officer is regularly consulted for advice given the fluctuation in local infection rates. Social distancing has been agreed with the capacity of the main room set at 14. As of December 2021 the wearing of facemasks was again mandatory. There is only the choice to remove them when seated.

The Pastoral Care Convenors have reported regularly on the Home Groups and most have provided secure and supportive forums for the sharing of confidential matters. The Elders continue to meet regularly and keep members aware of any further developments.

The Meeting House was offered as a vaccination centre but did not meet NHS criteria. Repairs to the roof and involvement with solar panels are on-going. It was agreed to install 2 dishwashers in the kitchen in order to use it once more, although a maximum of 1 person is to be within the kitchen at any one time. A quinquennial survey has been carried out. Meeting House Bookings – these are beginning to come in from previous hirers, but slowly, – and there is the added challenge of health and safety. There has been difficulty with finding a Friend in Membership to become a Trustee, but it has been noted that the Area Meeting’s nominations committee would take over the responsibility of looking for Trustees instead of Local Meetings. The roles of Clerk and Assistant Clerk have also

proved challenging to fill. Following a Meeting for Clearness held early in December, the next Minutes of the Business Meeting record that the system of Clerkship/Assistant Clerkship has been changed. One Clerk acts for 6 months, as does an Assistant Clerk, creating an overlap of 3 months to provide continuity. This system will be reviewed in September 2022. A report on the Life of Taunton Meeting during the year April 2021 to March 2022 has been submitted to Area Meeting. It reported some of the business already mentioned but also spoke of the wider life of the Meeting and its spiritual energy.

Wellington

This has been a very quiet year for Wellington meeting. The kitchen was recently updated and redecorated. Since then the Meeting House ceiling area has been insulated from above and the installation of timed radiant heaters on the Meeting House walls this year, has completed the conversion into a welcoming meeting place for Friends and our local community group users, with the Peace Garden as an additional, secure, play area for the Children's Group.

When Places of Worship were closed because of Covid we worshipped alone or by Zooming with Spiceland Friends. To our mutual benefit, Green Days, a community of young adults with learning difficulties, has been renting the meeting house as a safe place for them during and after the lockdowns. As the restrictions ease, they are now in a position to undertake more activities within the community. There is no doubt that the support they received from Wellington meeting was of great benefit to the young people, their carers and their families. With the withdrawal of Covid restrictions the normal Sunday meetings have resumed with a slowly growing number of Friends attending.

The Solitary Writers group continues to meet once a month and new members have recently joined. The level of writing is superb and the support given by members of the group to each other ensures that people are challenged and supported in their writing. The Peace Garden continues to offer a place of comfort and solace for anybody in the town.

Financial review

Principal funding sources:

Voluntary donations by Members and Attenders of WSAQM. This is supplemented by Gift Aid.
Rent of domestic accommodation at Taunton and Spiceland Meeting Houses.
Hire of Meeting House rooms to various groups.
Grant funding from time to time for specific purposes (mainly upkeep of buildings).

How expenditure has supported objectives:

Funds are expended on Meeting Houses and their Grounds - including for cleaning, on Utilities and maintenance.
Rooms are hired for Quaker use, in particular to hold Quaker Meetings where there is no Meeting House.
Various uses are made of funds to support Quaker activities, including funding training courses for office holders, funding attendance at Conferences, members’ expenses when incurred on behalf of WSAQM, incidental costs for events for WSAQM Quakers and ‘outreach’ events that seek to involve local communities in ways consistent with Quaker values. Funds are available for support of members in financial need or to support Quaker education.
A limited number of grants and donations are made to charities and organisations where these are consistent with the aims of WSAQM. See also Grant Making policies.

Investment policy:

The AM banks with the Charities Aid Foundation (CAF). Funds not needed in the current account are placed on deposit with CAF or Building Societies. Local Meetings may use whichever bank they choose for their charitable collections.

Reserves policy:

Local Meetings hold, as reserves, sums for their ongoing work and such maintenance needs for which they are responsible; they are encouraged to pass on surpluses to AM funds.

AM reserves should cover the cost of on-going work and property upkeep. Surplus funds should have a designated purpose (such as property redevelopment).

Overview of 2021:

Our Area Meeting has weathered the Pandemic storm well. Funds are up by about £8,000, and this is after £19,605 contributions to BYM (£8,000 in 2020) responding to their appeal for funds. Voluntary Income from

individual contributions was level with 2021 (after a sharp fall between 2019 and 2020). Room hire income at Taunton MH (£6,000) was much affected by the Pandemic but bookings increased through the fourth quarter and should be much better in 2022).

We claimed some £3,800 in Job Support Scheme grants while the Warden was kept by lockdown from much of her work, we can see this as a welcome contribution to the £8,000 surplus mentioned above.

Of our Local Meetings Minehead remains worst affected for income but its funds have been grown over several years now to a healthy level. The Ilminster fund continues to be held in an "instant access" savings bearing low interest. Ilminster Friends continue to search for a property to buy as a Meeting House. It was agreed in May 2021 that if nothing suitable was found within 3 years Ilminster would relinquish their claim on the bequest? Rising inflation will of course be eroding its value at a faster rate than through earlier years.

Total unrestricted reserves freely available are £124,000, The amount needed to reach the reserves policy is £85,000. The difference is a surplus of £39,000.

Area Meeting finances are sound to meet our usual commitments, which we might think as good a result as might be hoped. Comments on longer term expenditure matters are left to other parts of the Trustees’ Annual Report.

After a number of years giving us her excellent service, our bookkeeper is taking a different career path. We are indebted to her for her care and attention and grateful for her help in the handover to a new bookkeeper.

There were no transactions between the charity and trustees during 2021.

Plans for future work.

We continue to be challenged by the difficulties of ensuring there is a succession to the trustees group. This will form an important part of our work during 2022. In addition, we will continue to organise the implementation of the safeguarding and safer recruiting policy.

Pigeons have caused damage to the solar array on the Taunton Meeting House roof. Work to assess any damage and repair the array and roof below it is the responsibility of Brendon Energy a firm owning the installation and leasing our roof space. Work is much delayed and now anticipated to be completed in 2022.

Other items to consider will be

to undertake a full review of our employment policies and practice to ensure that they are fit for purpose.
To undertake any necessary action that is required as a result of the quinquennial surveys when the reports are received.
To review our risk assessment and form an action plan where necessary.
To continue to support the Area Meeting and Local Meetings in whatever way is necessary to enable them to carry out work in their local areas.

Signed Faith Cartwright Clerk to West Somerset Area Quaker Meeting Trustees

R•llglous Soclaty of Frlends {Quakers) - WSAQM Annual report and accounts for the year énding 31 Dec 2021 Our Area Meeting has weathered the PandemlG Storm 11. Funds are up by about £8,(Y)O, and this is aft8r £19.605 contributions to BYM (£8.000 in 2020) responding to their appeal for funds. Voluntary Income from indivdual contributioins was level with 2021 (after a sharp fall beeen 2019 and 2020). Room hire income at Taunton MH {£6.000) was much affected by the Pandemic but bookings increased through th8 fourth quart8r and stK)uld be much better in 2022). We claimed some £3,800 in Job Support Stheme grants while the Warden was kept by lockdown from much of her worK can see this a welcome cx1ntrlbutn to the £8,000 surplus mentioned above. Of our Local Meetlngs Minehead rernalns worst affected for Income but its fund8 have been grown over sevef81 years now to a healthy level. The Ilminster fund conkn'nutes to be held in an "instant access" savings bearing low interest. Ilmlnster Friends continue to search for a property to buy as a Meeting House. Rising infia wtll fo course be erodi its value at a faster rate than through earlier years. Total unrestricted reserves freely awallable are £124,01)O, The amount needed to reath the resepies policy is £85.000. The diffefenc8 is a surplus of £39.000. Area Meetlng finances are sound to me8t our usual commitments, which might think as good a result as might be hoped. Comments on long8r tenn expenditure matters are left to other parts of the Truste8 Annual Report. After a number of years givin9 us her excellent service our bo0kk8or Jan8 Ruih Ruell is taking a different career path. We are Indebted to Jane for her re and attenlion and grdteful for her help In the handover to a new bcx)kkeeper. Pw1

Re rt of the inde ndent •xaminer I report on th8 accwnts ofthg Charity forthe erthd 31 De( 2021. are set lt (m pages 3 to 10. R•sponsibillty- The trustaas cor9r that an audit is not rgqurJ for thig undèrwAx)n 43(2) Of GharlU88 Act 1993 Ilhe Act) and thal inde[ examintson 18 needed. It Is my responsibdty to examlne the actnts, lo folhy the prwedures lahl d(TWn kn ts Ger¥I Dtrocdo given by the Charity Comm. and to stste vMh8r partICr matteTr have come to my atlantic. Ba•ls of the •xamlnatlon . My examinatim wag canled ITr ac¥>Ndw the Ge DIrets glven by the Chadty Commission. indudes a re¥lew of ts an11Th3 records kept by Ihe charity arbj a comparison of tho accounts w&sen vllh rd$. ft a150 thILKles conswjernkn of any unusual Items or disclosures in the accounts, and seeking eXtiO from the Iyu5tees suth matters. The proLdures uryjertaken th) not prode al the evNkncA that b8 in an I do not exwess an aj11 oP10n on the accLts. Ex8mlnorf• •t•t•m•nt. In tho cow86 d my exarnvwtw)n. no mattor has (xTh to my 8ileni (11 vthlch give5 mè fwdsonablo cause to b81ieve thaL In any material r88rt th8 trustees have ncrt met the requirements to en8ure that proper rec4yds have baen kopL aJKI that acy)unts are prep8rgd vthlch egree vmh the acrA)untkw record5 afKI ¢cpty ryth the ac£ounliThJ requirements the Art. or {2) to whKh. in my oplnion. atten11 shodd b8 in Ndwto enablg a wper urnI1J ofthe &gned Name

Roc•1 Incoffllng resourc8s Vduntary income Aclivitias for ganeraling furttts Invgstmont income Income from Quaker acuye3 Other Incomln resources Total Incon RosoUe$ expended Costs of genefatiThJ frJnds Costs of Quaker acbvitses Support costs Costs of governan¢ Other resources ex nd Total ro8ourc•# 2020 41,702 14,949 17296 41,71Y2 14.949 18.PJ)3 41.859 2&685 1¢814 1.416 91 710 70 16 91 1217 19.203 41873 350 Nots2 Note 2 24.644 44.396 24.644 44.396 350 71 16 075 Transfers into each fund Not In¢omln Gains losses 16 91 075 on invesknenls Net movem•nt In fund¥ Total funds brought forward, 1 Jan Prior ar ad"ustments 16 I16.3 311.783 91 20.608 07S 449,354 423.926 1 313 199 Stalemont of A8•et and Liabllltt•s Fixèd asset• Lan¢J and buiklings Fixture8 and fittings Lon term investments 20 Current assets D8btors Short tem deposits Cash at bank Note 8 170.{ 313 193 170 313 199 so3.3 Liabilitiés Creditors: due within one 2.628 7S 167 376 313 199 707 Total a8sats1088 currnnt Ilablllllgs Cre(Illors: duo 8ft8r one yvar Provisions for abilitIeS and cha 167 378 313 199 5•1 75 751 531 313 199 Slgned ty one of the trustee8 (ffi beh811 of al thè trust689 P Paff*t Pot• of apyovd 31 Aii9ll•tlQ22

Statsment of A8•0ts and Uablltti•s - Anal sls of Funds Unr8strf¢tsd funds 2021 AM GOr1 Fund Fin¢* I Sthonds Lega AM Centrdl d PremL8es Mairrtenance Reserve Prernises Deveh)pment Reservè Bridgwator LM 76,112 (o) (45,666) 76.112 {0) (45.666) 70.T64 (o) (47,571) 10.744 1201 3,758 7.461 16.527 10,744 1.201 3.758 7.461 16,527 Ilminster LM Minehead LM Spiceland LM Taunton LM Wellwuton LM Taunts Centrè 19,450 8,744 Rothclod funds Taunton MH Rene4AI Lkninsie 311.783 Endowmwrt fund• Assi%tsnc8 Fund Bridgwater maintenance fund ter sa Proceeds Tolals for all fvnd• 20.7fXI 123 531 313 199 20 7IXI

Notes to the accounts 1- Accountin policl•s for th8 Ghadty l¥ below the requlrkng SORP aG(awrEtln Income in the year in whth they are rwxiv&l. Acllng as Agant . Further sums are Lxle(ed sp•fftally passwbJ on bj arnl do rhjt represent income fcr the Area Meetlrwj. These are rw)t trKauded in the SOFA or SIaL Ixrt tsy are summarl8ed kn Note 10. Land and bulldlng8. The proper by th8 PTra PAegtirvJ comprise Meeting l)uses, attached accommcJatKJn and burial gmunds wthich ara held for the furlherarnx of th8 Area M8etKy's tharitable obie(as. Buildings ar8 not inckmjed in Ihe balarKe the statement of assets and labilts. The most recenl valuatK)n IS shobvn in Note 7 at a vabjation mad8 in 2012 (for TaUrtt MH 2017). In the wnK)n of the Trustees, tho (a)st ol a profossional valuation QUId not be a justifoble use of d)8rilabk funds M a regr b8sls arKI a fvrthor valuationlg unllkely to be juslihtrk unll 2024 hTh¥eNv tnjstges rery the sibJath)n annual. R•soNes . The Trustees have 8gretsl a on as fthms: 11 bg for an expethd 3 years of exFdire (thi8 is presenty assessed as £30,1). A bulding d8Yeknwnent reserve w1 bè buill a$ and FKWt4e from funds to enable deveknpment acquith of Meeting Houg89. The Polky L8 under revivw. at pment Credito in the cynw are 0t as expuKlibJre resal purwjw. Inve$tm•nts- The Managiro Trnstees have •Jreed a poky that the sums of at wvsent held by tr Are8 Meekng and Local are Insuffic4 to rtquire tsmi wNeslmL Penslons. The Are8 Meetj rthv has one emfv p1)n$ oblpJatKM)s began 2017. We have registered wlth the Penslon Regulator arMJ use NEST as PmKins wovwjw thwh as Jet rn rJ)ntrlbutbr Iwe trtggered due to pay levels. Local M¢otlNJ•. In ac(%dan¢8 vmlh the lal6st from th8 Chaty CThnmi5sKJn aTrJ Ihe QeT Slgwardshlp Commmlee, tho unr08trithl furwJ¥ d Liy21 org slKthTr Iw9 0$ (wtgd furKl$ oftho Area Meeting. 2 . Ex ndlturo No 8llocakn has been madè of supwt c£ts b8tpen Quaker (%ot of g*ati1j fuTrJ& tt is fKrt 4 requlrgmenl for a ¢haty of skè. C08t of gener8t4ng funds (y)vers the costs both of Actth GOn8rn Funds Costs of Inve8b))ent . materials purchased for sale and the maln18nm ol Rtta1 Pmpty are exampkn of lth.

3 - Trusteos and examlners Refund of exFenses to Trustees as Tr Refvnd of other expenses b) Truslees Fees for exar(4nation w audri Otherfées paKI to examiner¢N wd Otheroists of 2020 4- Paldem Stsff wa es and Sae$ 2021 11.339 2020 5 - Grants and donatlons Donatlons lo BYM Donations lo other Quaker bodies Donations to non-Quaker bod Grants to Indmduals Ihardshipl Grants to individuals leducats"on} Grants to individuals othèr 2021 19,605 11)0 2020 19,605 1Crf) 175 Total• 4TJ PFP contlnue8 to ba SU[Vted for Its Mxk 7th £2,rAI px Taunlon LM Thlth AM supp¢•# Cttizens Ulc 6a - Resale and Insuranc• value valug of laThl of properties and bulldi Mineh Splceland Taunton Wellington Mlfverton Burial GrwrKI 1CQ,W) 2(Kl.( 525,0 110.(KK) 31112r2012 31112r2012 17107f2017 31112r2012 3111212012 1.249.(KKI 752.(KM) Tolal• renovaknn of Taunton Mo•twig £122,193 ofth8 valuo of th8 Taunton MoetsvJ Htxjse is pr8sop4ed for th8 Bridgwatsr Endowment. At fubjre v8luation8 for Ta MH th8 fvbjrn vabje of the Brfdr Endowment will b8 fixed in propor to this vakth.

8 - Debtors and credltorn None Gredftors - £10.000 Loan fjnterest free) rolated kn Tawrton 2025 £35.666 Mortgage $8cJJred on TMH payaile to 21r36 The loans are anned to be repawj frrmm 18tling5 income at Tamtm House. Taunt fuThl 15 accumulaling £1,000 per r to sellla the interest free kn8n. £807.99 of funds heid Acting ss A4ent Set to be disbursed. Credilors repar4ble vAthln a Jpar In(lude the Acling as Agwt fuThJs aTrJ the foretast captsl repaymmt on the mortgage for the or. 9a - Desl nated. Rostrl¢t•d and Endowment Funds Unre•trlGted funds are Iety a¥allab for any wrpos¢ ofthe kn Mggtir@. D•8lgn•d fund arn unrestricted funds which are set asMfj8 for spth purwses. txrt remaln al the disc¥etion ofthe Pa Meetlng. Ro8trl¢lod funds have b88n èamiarked by the te5tstor fcy certain spedft Ple5. Endowmgnt funds must have thelr ca1 preserv&J. but the wwxrfne t used forthe purpo8es sp8ctfiBd by the donor ( tosta. AM DMlgn•t•d fund- The propety mainten8nce gfKI dthwloFxnant frjndg be 88t aswje tr) make forfuthrn éxpandnur8. Local Meeting funds are troabJ a$ Th funds rin at th8 dlsuekn ofthe CW. T8unton Moeting Housa DO•nt Fund b no shNI 86 Ihe proi8ct is Ilmlnster MH fuThJ Is a d¢)natb)n rgstrict8d to us8 the wrchase of a IAeètiro for Ilminster LM (wilh some WKler #p1¢a5 should Ilmlnster LM dec&4e rK)t to use the (knath)n for rAJrdwse of a MeeUrvJ House). The Charity Commission has awd to rdax the restrlckn to wrca58 (or rts u80 In renov8On9 an eyj8n9 Meelkvj Hw80) 80 Ih8t rf nec4888ry fund8 can be used ront or1098e, . AM Endowm•nt fund8- The AsslstarKe Fund has use restrtctsj to a5s15tan(% of hathlp. aThJ Educakn Yrav811itvJ In the Mlnlstrfl. S(xne £13,(MXI Is (ztl r8strkled (Ixty rterest in the futMJ- atx)ve this vth- is expendable). rostricted. Thè fund is now oxhauslod. Brldgwat8r Saig Prwds bs g CO1a1 rg8lrtcted wwjwnent U80d In Ihe r8Th)v8kn of Taunt( House. Ils value Is nchv red in to th8 2017 VUall of TMH (£122.193£525,(KQ}. 88ch Meoting, but may tho be used thg CentrdY.man8d of the Sc• ol Fri8nd6, or olher Trnn•f•rn . Tran8fer8 are (*ts11 b8h)w.

9b . Movoment of the funds UntrIthd fvnds AM Gen8ral FL* Flnch l &morbds Lèg AM central debt Premlses Maintenance Reserve Prom1888 Development Resep Taunton Centre BrKh3water LM SLM lkninster LM Minehead LM S&M(xland LM Taunton LM Wellin ton LM 70.764 (o) (47.571) 1624 14.779 17,502 76.112 10) 145.6661 30,000 1,905 387 23.613 6,100 1.286 1.551 278 21.615 1,422 1.715 210 1792 11091 19981 6.000 10,744 1,201 3.75B 7.461 16,527 7,994 (1.1XlO) 2.417 1300) (5,000) 110.000) 2,000 14.953 19.450 6.744 15.660 10,510 8.828 71 13.484 11 R01tr1Gtgd funds Taunton MH Renewal Ilminster 313198.76 313199 16 Endowmènt funds Asslstance Fund Brid water maintenance fund Totals for endowmgnt funds Totals for all fvnds 91 20,700 91 79

Flnch and SyTnornl8 Lw. exhaLth in 2019 Ilmlnstar fund Is - Ilmlnw slil boks Icf a wcywty. The r8s8rvas poNcy Is for reseprns lo b8 hekj to cover ITh expwKlitivE (exeerrtK womy malntenance whh sh¢JJld cover three yparfsl. The is assessed at 7,ocK) - and is able to 1$ £55,000. Totsl unrestricted cash 8t bank £170.((KI. TaklrKJ the tKJle det into atJxJuni {£46.tMxi) total unrestrlrted reser f alab ate £124,1, The amount needed to reach the reserves pdicy 15 £85.000. The thfferenc i8 a surplus of £39.lJ)O

9¢ - Transfers wlthln AM Brtdgwater LM Spiceland LM Wellington LM Minehead LM Iminst8r LM Bumham on go& Taunton Taunton Centre to AM AM central to central debt (debt paKI dcthn) Propety Develgpment ReseNe transferwl to AM eentral 109 Taunton LM to Taunton Cantre 12 10.Actln as ent Schedule8 and *p•clal call•cllty AM schedule contritsJtion8 BYM schedu$ 0th8r Quaker schedules Non-Quaker 8c4)eduteg Special collections Other recel ts lo 2021 2020 7.135 1.847 105 125 781 93 241 Tolal• 956 books. 1AM1 fwt P40 10

2021-12-31-accounts