**REGISTERED CHARITY NUMBER: 1172055** ## REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 ## FOR THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEWTON ABBOT & OGWELL Barretts Chartered Accountants & Chartered Tax Advisers 22 Union Street Newton Abbot Devon TQ12 2JS THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEWTON ABBOT & OGWELL ## CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 December 2021 |||Page|| |---|---|---|---| |Report of the Trustees|1|to|4| |Independent Examiner's Report||5|| |Statement of Financial Activities||6|| |Balance Sheet||7|| |Notes to the Financial Statements|8|to|13| |Detailed Statement of Financial Activities|14|to|15| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEWTON ABBOT & OGWELL ## REPORT OF THE TRUSTEES for the Year Ended 31 December 2021 The trustees present their report with the financial statements of the charity for the year ended 31 December 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). Newton Abbot Parishes consist of St Paul's Devon Square, St Mary's Wolborough, All Saint's Highweek, St Mary The Virgin Abbotsbury and St Bartholomew East Ogwell. ## **OBJECTIVES AND ACTIVITIES Public benefit** When planning our activities for the year, we have considered the Charity Commission's guidance on public benefit and, in particular, the supplementary guidance on charities for the advancement of religion. We consider that all of our activities have fallen within the public benefit guidance. ## **Safe Guarding and Clergy Discipline Measures 2016** The PCC has taken all the necessary steps to fully comply with Section 5 by having all necessary officers of the Churches fully trained and vetted in accordance with the House of Bishops guidance on the Safeguarding of Children and vulnerable adults Page 1 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEWTON ABBOT & OGWELL for the Year Ended 31 December 2021 ## REPORT OF THE TRUSTEES ## **ACHIEVEMENT AND PERFORMANCE** ## **Team Vicar's report** We continued to face the challenges of COVID during 2021 and offered on line worship from two churches every Sunday and a weekly Holy Communion Service on a Wednesday. To begin with once we were allowed back into buildings, we opened up Abbotsbury being our largest building and allowed for social distancing and this was the only service held (and streamed) from January to March. It was a delight to be able to invite people back to public worship in all our churches at Eastertide and although the numbers were small and socially distanced and no singing permitted there was a real sense of joy to be back in our buildings. There was also an on line Easter bake competition which was well supported by the younger members of our congregations. Christingle services, carol services, school services took place in all our churches with social distancing and by that time, communal singing permitted despite the wearing of masks. A special "Walk Through" was held on 11th November at St Paul's aimed at young families. Since we have re-opened the congregations have gradually grown and a sense of normality is returning. Abbotsbury which offers contemporary worship continues to attract a young congregation whilst our other churches remain welcoming to their faithful worshippers. On the 16th February 2021 a special service was held at St Paul's marking the death of HRH Prince Philip and Abbotsbury was once again used for local elections polling station in May. Homestart commenced using Abbotsbury every Monday morning. In October an Open Church event was held at Abbotsbury - particularly aimed at those living in the vicinity to give them an opportunity to explore the building, quiz the vicar, and learn more about what we are doing. A civic service was held at St Paul's on 10th October 2021. We continue to offer our facilities for use within the Diocese and the Totnes Archidiaconal Mission and Pastoral Committee meet twice a year at St Paul's. A separate building report is included in this report which indicates all our buildings are in a healthy state and thanks are given to Fr Nick Debney for his considerable expertise and management of all the QI inspections and other works completed during this last year. Our building at St Paul's was once again used for a number of flu clinic sessions and we On a staff level, an announcement was made on the 18th July 2021 that the Rev'd Patrick Parkes had accepted the post of a part time interim minister for the parishes of Kenton, with Mamhead and Starcross and that his licensing would take place on 14th December 2021. He would in fact leave the Benefice at the end of August and take up his 3 month sabbatical owed to him from previous years from September - November. A special service was held at St Paul's on Sunday 29th August 2021 followed by presentations and a buffet lunch. Following this announcement plans were put in place swiftly to consider his replacement. Consultations were made with the Bishop of Plymouth and the Archdeacon of Totnes with the existing two team vicars and later with the PCC's as to the next steps. A parish profile was created and presented to the PCC's on 3rd October and then forwarded to the Archdeacon later in October for approval and his foreward and finally the post of Team Rector was advertised in November in the Church Times and on the Diocesan website. An interview date was set for 16th February with an orientation day on the 15th February. PCC approval had been given for the interview panel comprising The Bishop of Plymouth, the Archdeacon of Totnes, the Patron (Earl of Devon) and four PCC representatives. There were two applications received but no interviews took place and the post was to be re-advertised in January 2022. Fr Nick Debney accepted the post of Acting Rural Dean on Patrick's departure at the end of August. In the meantime The Rev'd Ben Maynard was ordained Priest by the Bishop of Plymouth at St Mary Magdelene church Torquay on Sunday 26th September 2021. Sadly congregation members were not permitted to attend due to COVID restrictions but 25 tickets were issued to him, his family and close friends to attend. Wyn Turner who had been an organist in the Parish for over 34 years announced his retirement at the end of July 2021. He gave a farewell organ recital on the 25th July at Abbotsbury church which was followed by a cream tea and presentation from the PCC in recognition to his service throughout those 34 years. As a Parish consultations are still ongoing about the possible joining of Stokeinteighead, Combeinteignhead, and Haccombe to the Newton Abbot and Ogwell parish. At present they are responsible for day administration and help is given from Newton Abbot and Ogwell parish concerning rotas for services and occasional offices. Page 2 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEWTON ABBOT & OGWELL ## REPORT OF THE TRUSTEES ## for the Year Ended 31 December 2021 Our finances are in good shape and thanks are given to our Treasurer, Clare Lillington for her expertise and guidance. There has been considerable expenditure during the last financial year with significant building and maintenance repairs. Our car park income and rental from Poppins nursery remain our biggest income contributors. Our continued thanks go to the Wolborough Ecclesiastical Charity for their ongoing grants towards the administration costs of the parish - which will see a significant increase in the next 12 months with the predicted rise in energy bills. Contactless giving facilities were introduced at St Paul's and Abbotsbury during the year and will look at introducing them across the benefice. The coffee mornings at St Paul's re-started in November 2021 and continue to raise significant amounts for local and national appeals. Thanks are extended to all involved in these. There are a number of thorny issues that take up time including the management of parking around the East entrance of St Paul's churchyard. A number of solutions have been discussed but no decisions made as yet. The constitution of the PCC will be a matter of discussion after the APCM in 2022 as the present representation is formulated from the original measure when we became the Parish of Newton Abbot in 2017 and does not reflect accurate church representation. Thanks are expressed to all those who serve the church in so many ways - paid and unpaid - Our Licensed Lay Ministers, those serving on the Parochial Church Council, the churchwardens, our office administrator Mel (supported by Hilary), and those who keep our buildings clean and in good shape. For ALL who welcome and serve our refreshments after our services - an important mission task. For those who prepare intercessions, those who read at our services, act as sacristans, and those on leadership teams. Every contribution however big or small are hugely valued and appreciated and altogether bind our mission community together. Rev'd Gareth Regan April 2022 ## **FINANCIAL REVIEW** ## **Reserves policy** It is the PCC's policy to maintain unrestricted funds which equates to approximately six months unrestricted payments, to cover emergency situations. The balance of unrestricted funds at the year end met this criteria. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document** The PCC is a corporate body established by the Church of England and operates under the Parochial Church Councils Power Measure. The PCC is a registered charity. The method of appointment of PCC members is set out in the Church Representation Rules. At Newton Abbot the membership of the PCC consists of the clergy, churchwardens and members elected by those members of the congregation who are on the electoral roll of the church. All those who attend our services are encouraged to register on the electoral roll and stand for election to the PCC. The PCC members are responsible for making decisions on all matters of general concern and importance to the parish, including deciding how the funds of the PCC are to be spent. New members receive training into the workings of the PCC. ## **Risk management** The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The main risk identified is the investment of it funds. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1172055 Page 3 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEWTON ABBOT & OGWELL ## REPORT OF THE TRUSTEES for the Year Ended 31 December 2021 ## **Principal address** 5 Coach Place Newton Abbot Devon TQ12 1ES ## **Trustees** Rev E P Parkes - Rector & Chair (resigned 12.12.21) Rev G Regan - Team Vicar Fr N Debney - Team Vicar Rev B Maynard - Curate K Butler D Dunn J Howell - Vice Chair D Waterhouse Mrs S Lawrence P Hewson J Calderwood Mrs D Fitch Mrs H Howell Hon Secretary Mrs B Hitchcock (resigned 1.7.21) Ms B Garrick P Dunster Mrs S Dunster Ms R Hawkins R Cross Mrs S Lellwellyn Churchwarden St Bartholomews's (appointed 1.1.21) Mrs G Hughes Churchwarden St Bartholomew's (appointed 1.1.21) S Simmons St Bartholomew's (appointed 1.1.21) Ms M Batten St Bartholomew's (appointed 1.1.21) Mrs M Dunn (resigned 1.7.21) B Harding K Purchase ## **Independent Examiner** Ian Barrett FCA FCIE Barretts Chartered Accountants & Chartered Tax Advisers 22 Union Street Newton Abbot Devon TQ12 2JS Approved by order of the board of trustees on 6 April 2022 and signed on its behalf by: J Howell - Trustee Page 4 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEWTON ABBOT ## & OGWELL ## **Independent examiner's report to the trustees of The Parochial Church Council of the Ecclesiastical Parish of Newton Abbot & Ogwell** I report to the charity trustees on my examination of the accounts of The Parochial Church Council of the Ecclesiastical Parish of Newton Abbot & Ogwell (the Trust) for the year ended 31 December 2021. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Ian Barrett FCA FCIE Barretts Chartered Accountants & Chartered Tax Advisers 22 Union Street Newton Abbot Devon TQ12 2JS 27 April 2022 Page 5 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEWTON ABBOT & OGWELL ## STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 December 2021 |Unrestricted
funds
Notes
£
**INCOME AND**
**ENDOWMENTS FROM**
Donations and legacies
**203,308**
Other trading activities
2
**-**
Investment income
3
**15,205**
**Total**
**218,513**
**EXPENDITURE ON**
**Charitable activities**
Church Activities
**272,532**
**NET**
**INCOME/(EXPENDITURE)**
**(54,019)**
**Other recognised gains/(losses)**
Gains/(losses) on revaluation of
fixed assets
**-**
**Net movement in funds**
**(54,019)**
**RECONCILIATION OF**
**FUNDS**
**Total funds brought forward**
**142,216**
**TOTAL FUNDS CARRIED**
**FORWARD**
**88,197**|Restricted
Endowment
funds
funds
£
£
**-**
**-**
**639**
**-**
**-**
**-**
**639**
**-**
**684**
**-**
**(45)**
**-**
**21,160**
**25,519**
**21,115**
**25,519**
**158,726**
**184,898**
**179,841**
**210,417**|**2021**
**Total**
**funds**
**£**
**203,308**
**639**
**15,205**
**219,152**
**273,216**
**(54,064)**
**46,679**
**(7,385)**
**485,840**
**478,455**|2020
Total
funds
£
153,202
-
17,459
170,661
227,288
(56,627)
(24,810)
(81,437)
567,277
485,840| |---|---|---|---| The notes form part of these financial statements Page 6 ## THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEWTON ABBOT & OGWELL ## BALANCE SHEET ## 31 December 2021 |Unrestricted
funds
Notes
£
**FIXED ASSETS**
Tangible assets
6
**24,791**
Investments
7
**44,016**
**68,807**
**CURRENT ASSETS**
Debtors
8
**-**
Cash at bank and in hand
**20,290**
**20,290**
**CREDITORS**
Amounts falling due within one
year
9
**(900)**
**NET CURRENT ASSETS**
**19,390**
**TOTAL ASSETS LESS**
**CURRENT LIABILITIES**
**88,197**
**NET ASSETS**
**88,197**
**FUNDS**
10
Unrestricted funds
Restricted funds
Endowment funds
**TOTAL FUNDS**|Restricted
Endowment
funds
funds
£
£
**-**
**-**
**176,136**
**210,417**
**176,136**
**210,417**
**3,676**
**-**
**29**
**-**
**3,705**
**-**
**-**
**-**
**3,705**
**-**
**179,841**
**210,417**
**179,841**
**210,417**|**2021**
**Total**
**funds**
**£**
**24,791**
**430,569**
**455,360**
**3,676**
**20,319**
**23,995**
**(900)**
**23,095**
**478,455**
**478,455**
**88,197**
**179,841**
**210,417**
**478,455**|2020
Total
funds
£
26,879
383,890| |---|---|---|---| ||||410,769| ||||20,306
63,562| ||||83,868| ||||(8,797)
75,071
485,840| ||||485,840| ||||142,216
158,726
184,898
485,840| The financial statements were approved by the Board of Trustees and authorised for issue on 6 April 2022 and were signed on its behalf by: J Howell - Trustee The notes form part of these financial statements Page 7 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEWTON ABBOT & OGWELL NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 December 2021 ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Fixtures and fittings - 10% on reducing balance ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **2. OTHER TRADING ACTIVITIES** |**OTHER TRADING ACTIVITIES**||| |---|---|---| ||**2021**|2020| ||**£**|£| |Fundraising events|**639**|-| |||| continued... Page 8 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEWTON ABBOT & OGWELL NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2021 ## **3. INVESTMENT INCOME** |Income from investments|**2021**
**£**
**15,205**|2020| |---|---|---| |||£| |||17,459| |||| ## **4. TRUSTEES' REMUNERATION AND BENEFITS** During 2021 two trustees, Mel Dunn and Hilary Howell, were paid for their roles as administrators not as trustees. This amounted to £15,970 in total. ## **Trustees' expenses** Expenses of £3,386 (2020: £4,799) were reimbursed to the clergy during the year. ## **5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** |Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
149,132
Investment income
17,459
**Total**
166,591
**EXPENDITURE ON**
**Charitable activities**
Church Activities
226,968
**NET INCOME/(EXPENDITURE)**
(60,377)
**Transfers between funds**
40,000
**Other recognised gains/(losses)**
Gains/(losses) on revaluation of fixed assets
5,396
**Net movement in funds**
(14,981)
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
157,197
**TOTAL FUNDS CARRIED FORWARD**
142,216|Restricted
Endowment
funds
funds
£
£
4,070
-
-
-
4,070
-
320
-
3,750
-
-
(40,000)
(15,186)
(15,020)
(11,436)
(55,020)
170,162
239,918
158,726
184,898|Total
funds
£
153,202| |---|---|---| |||17,459| |||| |||170,661| |||| |||227,288| |||| |||(56,627)| |||-| |||| |||(24,810)| |||(81,437)| |||567,277| |||| |||| |||485,840| |||| continued... Page 9 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEWTON ABBOT & OGWELL NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2021 ## **6. TANGIBLE FIXED ASSETS** |**COST**
At 1 January 2021 and 31 December 2021
**DEPRECIATION**
At 1 January 2021
Charge for year
At 31 December 2021
**NET BOOK VALUE**
At 31 December 2021
At 31 December 2020|Fixtures
and
fittings
£
**47,098**
**20,219**
**2,088**
**22,307**
**24,791**| |---|---| ||26,879| ## **7. FIXED ASSET INVESTMENTS** |Listed
Unlisted
investments
investments
£
£
**MARKET VALUE**
At 1 January 2021
**360,860**
**23,030**
Revaluations
**46,679**
**-**
At 31 December 2021
**407,539**
**23,030**
**NET BOOK VALUE**
At 31 December 2021
**407,539**
**23,030**
At 31 December 2020
360,860
23,030|Listed
Unlisted
investments
investments
£
£
**MARKET VALUE**
At 1 January 2021
**360,860**
**23,030**
Revaluations
**46,679**
**-**
At 31 December 2021
**407,539**
**23,030**
**NET BOOK VALUE**
At 31 December 2021
**407,539**
**23,030**
At 31 December 2020
360,860
23,030|Listed
Unlisted
investments
investments
£
£
**MARKET VALUE**
At 1 January 2021
**360,860**
**23,030**
Revaluations
**46,679**
**-**
At 31 December 2021
**407,539**
**23,030**
**NET BOOK VALUE**
At 31 December 2021
**407,539**
**23,030**
At 31 December 2020
360,860
23,030|Totals
£
**383,890**
**46,679**
**430,569**
**430,569**| |---|---|---|---| ||360,860|23,030|383,890| There were no investment assets outside the UK. Cost or valuation at 31 December 2021 is represented by: |**Listed**
**Unlisted**
**investments**
**investments**
**£**
**£**
Valuation in 2021
**46,679**
**-**
Cost
**360,860**
**23,030**
**407,539**
**23,030**|**Totals**
**£**
**46,679**
**383,890**| |---|---| ||**430,569**| continued... Page 10 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEWTON ABBOT & OGWELL ## NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2021 |**8.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other debtors
Prepayments and accrued income
**9.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Other creditors
**10.**
**MOVEMENT IN FUNDS**
At 1.1.21
£
**Unrestricted funds**
General fund
**142,216**
**Restricted funds**
All Saints organ fund
**593**
Maintenance of All Saints church &
churchyard
**149,860**
All Saints Bell Appeal
**4,523**
Coffee mornings
**-**
St Lukes Organ
**3,750**
**158,726**
**Endowment funds**
Churchyard
**24,590**
Expendable Endowment
**160,308**
**184,898**
**TOTAL FUNDS**
**485,840**|**2021**
**£**
**3,676**
**-**
**3,676**
**2021**
**£**
**-**
**900**
**900**
Net
movement
in funds
£
**(54,019)**
**-**
**21,160**
**-**
**29**
**(74)**
**21,115**
**3,508**
**22,011**
**25,519**
**(7,385)**|||| |---|---|---|---|---| ||||2020
£|| ||||9,956|| ||||10,350|| ||||20,306|| |||||| |||||| |||||2020
£| |||||4,171| |||||4,626
8,797| |||At
31.12.21
£
**88,197**
**593**
**171,020**
**4,523**
**29**
**3,676**
**179,841**
**28,098**
**182,319**
**210,417**
**478,455**||| continued... Page 11 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEWTON ABBOT & OGWELL ## NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2021 ## **10. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Maintenance of All Saints church &
churchyard
Coffee mornings
St Lukes Organ
**Endowment funds**
Churchyard
Expendable Endowment
**TOTAL FUNDS**|Incoming
resources
£
**218,513**
**-**
**639**
**-**
**639**
**-**
**-**
**-**
**219,152**|Resources
expended
£
**(272,532)**
**-**
**(610)**
**(74)**
**(684)**
**-**
**-**
**-**
**(273,216)**|Gains and
Movement
losses
in funds
£
£
**-**
**(54,019)**
**21,160**
**21,160**
**-**
**29**
**-**
**(74)**
**21,160**
**21,115**
**3,508**
**3,508**
**22,011**
**22,011**
**25,519**
**25,519**
**46,679**
**(7,385)**|Gains and
Movement
losses
in funds
£
£
**-**
**(54,019)**
**21,160**
**21,160**
**-**
**29**
**-**
**(74)**
**21,160**
**21,115**
**3,508**
**3,508**
**22,011**
**22,011**
**25,519**
**25,519**
**46,679**
**(7,385)**| |---|---|---|---|---| |||||**21,115**
**3,508**
**22,011**| |||||**25,519**| |||||**(7,385)**| ## **Comparatives for movement in funds** |**Unrestricted funds**
General fund
**Restricted funds**
All Saints organ fund
Maintenance of All Saints church &
churchyard
All Saints Bell Appeal
St Lukes Organ
**Endowment funds**
Churchyard
Expendable Endowment
**TOTAL FUNDS**|At 1.1.20
£
157,197
593
165,046
4,523
-
170,162
23,768
216,150
239,918
567,277|Net
movement
in funds
£
(54,981)
-
(15,186)
-
3,750
(11,436)
822
(15,842)
(15,020)
(81,437)|Transfers
between
funds
£
40,000
-
-
-
-
-
-
(40,000)
(40,000)
-|At
31.12.20
£
142,216
593
149,860
4,523
3,750| |---|---|---|---|---| |||||158,726
24,590
160,308| |||||184,898| |||||485,840| continued... Page 12 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEWTON ABBOT & OGWELL ## NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2021 ## **10. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Maintenance of All Saints church &
churchyard
Coffee mornings
St Lukes Organ
**Endowment funds**
Churchyard
Expendable Endowment
**TOTAL FUNDS**|Incoming
resources
£
166,591
-
320
3,750
4,070
-
-
-
170,661|Resources
expended
£
(226,968)
-
(320)
-
(320)
-
-
-
(227,288)|Gains and
Movement
losses
in funds
£
£
5,396
(54,981)
(15,186)
(15,186)
-
-
-
3,750
(15,186)
(11,436)
822
822
(15,842)
(15,842)
(15,020)
(15,020)
(24,810)
(81,437)| |---|---|---|---| ## **11. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 December 2021. Page 13 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEWTON ABBOT & OGWELL ## DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 December 2021 |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Gift aid tax
Legacies
Grants
Open days
Tax efficient planned giving
Loose plate collection
Other donations
Statutory fees retained by the PCC
Hall lettings
Car parking
Telephone mast
Other income - Furlough
Solar panels - feed in tariff
Ogwell bank a/c transfer
**Other trading activities**
Fundraising events
**Investment income**
Income from investments
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Parish share paid to the Diocese
Wages & salaries
Clergy expenses
Service expenses
Water
Light & heat
Repairs & maintenance
Insurance
Telephone
Office costs
Depreciation of fixed assets
Donations
Cleaning and refuse
Fund raising
Upkeep of churchyard|2021
£
**3,807**
**2,000**
**79,686**
**-**
**30,555**
**7,580**
**4,764**
**17,957**
**13,807**
**20,541**
**6,000**
**1,361**
**523**
**14,727**
**203,308**
**639**
**15,205**
**219,152**
**76,824**
**36,182**
**3,386**
**3,560**
**1,083**
**16,674**
**83,154**
**18,524**
**3,301**
**13,200**
**2,088**
**803**
**1,799**
**522**
**10,201**
**271,301**|2020
£
7,129
4,500
46,750
320
25,785
7,532
2,205
8,014
5,531
30,769
7,140
6,719
808
-| |---|---|---| |||153,202
-
17,459| |||170,661
66,002
48,289
4,799
5,140
2,532
18,510
23,337
17,332
853
14,975
-
1,309
1,791
20
19,522| |||224,411| This page does not form part of the statutory financial statements Page 14 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEWTON ABBOT & OGWELL ## DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 December 2021 |**Support costs**
**Governance costs**
Accountancy
Total resources expended
**Net expenditure**|2021
£
**1,915**
**273,216**
**(54,064)**|2020
£
2,877
227,288
(56,627)| |---|---|---| This page does not form part of the statutory financial statements Page 15