Th￿tee$. Annual Report on activities In the year 2021 Rarhei wrisingly, in view of Covid, there was increase in wueits" foT linancial assi5thnce this year, ￿ there have been a cY)nsideribblr sum of unspent income at year ond. 4imilar io ihe two Previo1￿ year%. Flirfhenno￿. the cash Teserves held in the CCLA Dep￿>1( accouni was providing no signsficani ii)come. consque.nily the TrU￿ee5 decided to niove £33,CKM) inlu ihe CCLA Inve￿men1 Acrounl and no* thai this wtsuld replace ihe prpvi(Kts c￿h reserve for the rv•rwfing of the three terrace h(wsts. Advdniage was iaken of CCLA'S uffer io swttch be￿￿ell the charli1￿ Inv￿Al Fund and the C.harltie5 E'thical Invesmieni fund. The finanrial xaiemeni the year ending 31° t)ecember 2021 is Included wlih ihis ye￿)rt. In(oll￿ for ihe year wa5 Q35.478 1136.6201. ExpendliLkro was £23.W IE25.421J. Granis lor 1￿mMunIry prOje￿S and iixlividu￿s was £13.791 [£15.2GI l. Tlwse fi8Utes show the underlying reason lor the dKisbon io move funds irno Ihe CCLA inveslments. The Tn￿,5 ￿sh funds ai year eTKI siThJd at £11,512 [£9.9321 in L.Ivyd5 Bank plus a reserve of f20.IXXI 1£43,(XKJI in the COIF C.h4irities DptKbsiI Fund. Th(b incoille fr(Jm ihe COIF Inve5(meni Fund was £6.4¢J91£6,231il and the Dwii Fund WIL8 £41£941. '1"he value of tho Inv0￿men1 Funds ai year end was L311I.041 I￿O2.J< 061, L13.lJJ) ol ihis wbs¢anlial InLrease was due io wa￿S[er of surplu% cash lund5: Ihe rest. aii]otsnling lo £47.135, canle from In(Teas￿l values In the stsxkmarkd. Ix)ok vdlue of the propenies was agafin rets1[￿d a¢ £563.1W. Granls in Aid A grani ol I&¢XX) wa5 mJJe to buy con?puier 14iblÉbLS for Ihe Silverton Primary Sch(J(Jl an(14noiher 12 graTh￿ were provided lo rthets io meet imtwtiaie ii(*xtK 'I'heTE are now onlv ff￿r peTh>ndl alarm 5yMem5 In w f£x which Trnsl pa).5 reni io the Mid Devon CA)un( il. The Tn lias. Inr several yeaTS. provId￿j and mainiaine(l Mair lifts (or parishioners aTMt (￿n￿ntlY att in use. Two SeL￿nd hantL I)W seNicedble. lift chairs are held by Dnlphin StairlifLS for nee41 Registered as The Silverton Parochial Charity No. 201255 ## The Silverton Parochial Trust ## **Statement of Financial Activities for Year ended 31[st] December 2021** |**Section A**
**Receipts and Payments**|**Section A**
**Receipts and Payments**||||| |---|---|---|---|---|---| |||Total Funds||Total Funds|| |||£|£|£|£| |**A1**|**Receipts**|2021|2021|2020|2020| ||Property and Land Rent|29,035||30,260|| ||COIF Charities Deposit Fund|4||94|| ||COIF Charities Investment Fund|6,409||6,236|| ||Western Power Wayleave|30||30|| ||Total receipts||35,478||36,620| |**A2**|**Asset and Investment sales etc.**||||| |||Nil||Nil|| |**A3**|**Payments**|2021|2021|2020|2020| ||Property Repairs|5,357||5,567|| ||Insurance premiums|757||712|| ||Administration|940||754|| ||Property Management Fees|3,053||3,187|| ||Grants to individuals and community projects|13,791||15,261|| ||Total payments||23,898||25,481| ||Net Receipts/(Payments)||11,580||11,139| |**A4**|**Asset and Investment purchases, etc.**||-15,000||Nil| |**A5**|**Transfers between funds**||||| ||Transfer to/from COIF Charities Deposit Fund||5,000||[11000]| |**A6**|**Cash funds last year end**||9,932||9,793| ||**Cash funds this year end**||11,512||9,932| The Silverton Parochial Trust Registered as The Silverton Parochial Charity No. 201255 ## **Statement of Financial Activities for Year ended 31[st] December 2021** Page 1 ## **Section B** ## **Statement of assets and liabilities** |**B1**
**Cash Funds**
**B2**
**Other monetry assets**
COIF Charities Deposit Fund
**B3**
**Investment assets**
COIF Charities Investment Funds:-
Special Range (PE) Shares - 545580001AA
Recoupment Account – 545580001AB
**B4**
**Assets retained for the Charity’s own use**
Freehold properties at valuation
2 High Street
5-7-9 High Street
The Orchard, Tuns Lane
Rack Close Allotments
**B5**
**Liabilities**|Total Funds
Total Funds
£
£
£
£
2021
2021
2020
2020
11,512
9,932
20,000
43,000
31,512
52,932
246,661
216208
136,380
86,698
383,041
302,906
160,000
160,000
375,000
375,000
8,000
8,000
20,000
20,000
563,000
563,000
Nil
Nil| |---|---| Signed by one or two Trustees on behalf of all the Trustees Signature Print Name Date of Approval Page 1 Independent examinerfs report on the accounts | CHARITY COMMISSION | FOR ENGLAND AND WALES Section A Independent Examinerfs Report Report to the trusteesl members of SILVERTON PAROCHIAL CHARITY On accounts for the year ended 31- DECEMBER 2021 Charity no (if any) 201255 Set out on pages 1to3 Respective responslblllttes of trustees and examinèr The charity's trustees are responsible for the Preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 ("the Charities Acf) and that an inde￿ndent examination is needed. It is my responsibilty to= examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(51{b) of the Charities Act, and to state whether particular matters have Gorne to my attention. Bas￿ of independent My examination was carri&a OLrt in accordan￿ with general Directions given examinef s statement by the Charrty Commission. An examination indudes a review of the accounting records kept by the charty and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosLEres in the accounts. and seeking explanations from the trustees Gon￿Ming any such matters. The prO￿d￿reS undertaken do not provide all the evidence that would be required in an audtt, and consequently no opinion is given as to whether the accounts present a Yrue and fair, view and the report 15 limited to those matters set out in the statement below. IER Independent In connection V￿th my examination, no matter has come to my attention examinerfs statement other than that disdosed below 1. whith gives me reasonable cause to believe that in, any material ￿SpeCt. the requirements". to keep accountirrfJ records in accordan￿ with section 130 of the Charities Act," and to prepare accounts which accord with the accounting records and comply wth the accounting requirements of the Chaftties Act have not been met., or 2. to vthich. in my opinion. attention should be drawn in order to enable prow u derstanding of the accounts to be reached. Signed: Datè: 20 JANUARY 2022 Name: DUNCAN CHARIE& HARRINGTON Relevant professional qualification{sl or body (If anyl: BA (Hons) - FINANCIAL SERVICES FELLOW OF THE LONDON INSTITUTE OF BANKING & FINANCE Address: LEIGH corrAGE, LEIGH BARTON SILVERTON, DEVON EX5 4DA Section B Disclosure Only complete i,, "he examinei needs to highlighi material problems.jE.& accounkniig records have not been kept in acCOTdan(￿ with s132 of the Chorities, Act 20118n(t those accounts do not comply withthe requirementsofthe 2008 Regulationssetting outthe form and content ol charttyaccouf)ts', any Ma￿181 expenditu￿ oractionwhich appeats notto be in accordan￿ Mth the ttusts of the charity. any faÈlureto be pmviOe(J with information aftd explanations byany paslorp￿nttrUstee, offi¢erDremployee', and any mat&ial consistellcy itheerttheaccounts andthetrustees. annual repoiLI IER Give here brief details of any itgm5 that the examinerwishes to disclose. IER