2021-12-31-accounts - Church Estate

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Summary ofthe main achievements ofthe charity during the year			2021 was almost as difficult ayear for the Trustees as 2020 due to the continuing effects ofthe COVID pandemic, but domestic matters did improve with the appointment oftwo Team Vicars.
			Projects have been able to move forward this year, and linked applications
			for grants and fresh applications were made in 2021 (still subject ofcourse
			to any provisions re the pandemic).
			During 2021 grants have been paid to StMary's church committee to help with repairs to the disabled toilet roof (f335), and a further f1,500to two
			local foodbank charities during the COVID lockdown crises, and f21,000
			to StPeter's church committee toward necessary repair works. A grant of f371.92was made to StGeorge's church committee for flagpole repairs,
			and a grant off2,000was made to the PCC towards the cost ofthe Quiet
			Space redecoration.
			The outstanding grant off10,000approved to StMary's church committee
			in respect ofrepairs necessary after their quinquennialinspection has not
			yet been claimed.
			New grants were approved to StPeter's church committee totalling f900 regarding masonry upkeep and repairs, off7,000to StMary's church
			committee regarding repairs to the Priest's and boiler house doors, and of
			f10,000to StGeorge's church committee for repairs to their tower lead.
			The Trustees continued to make an annual grant totalling f6,400 towards
			the staffing and upkeep ofthe Dorchester Parish Office, the administration
			of which provides an essential elementin furthering both the religious and
			charitable work ofthe Church ofEnglandin this parish. The approved
			grant for three years, commencing in 2020, off2,500 towards the costs of
			the Parish Magazine has been paid once; currently the grant isin
			abeyance pending a relaunch ofthe Magazine which closed in mid-2021
			due to the Editor's illness. The Magazine will relaunch in 2022 when the
			Trustees will consider the continuance ofthe grant.
			The Trustees are ever mindful ofthe maintenance and upkeep ofthe three
			churchesin the Parish and to this end ensure that there are sufficient
			funds available to cover requests for grants in respect ofemergency works
			to the buildings in their care; ifthe buildings are not usable the work ofthe
			churches will be hampered.

GENERAL FUND		2021	2020
RECEIPTS
INVESTMENT INCOME
M &G Charifund Units		'7'7 11'7	20,071
M &G Charibond Units		65	89
Charinco Units		205	'705
Bank Interest		7	25
Bank refunds			79
Rent 7 The Cooperage		8 330	8 700
TOTAL RECEIPTS		30719	'79 069
PAYMENTS
CHARITABLE PAYMENTS
Grants —PCC re Parish Office Staff		6,000	6,000
PCC re Parish Office Equipment		400	400
StGeorge's church committee		372
St Mary's church committee		1,835	6,300
StPeter's church committee		21,000	3,720
PCC other		7000	7 500
		31,607	18,920
PROPERTY MANAGEMENT	COSTS
7The Cooperage insurance/ground		504	471
rent/ costs
Brewery Square service charge		I '774	1,256
Agents: Commission 14%		1,387	1,462
Services		335	60
Management costs		I 548	30
		36,605	22,199
OTHER —Bank charges			'79
TOTAL PAYMENTS		36605	7'7 7'78
EXCESSOFRECEIPTS			6,841
OVER PAYMENTS
EXCESSOF PAYMENTS		(5886)
OVER RECEIPTS
CASH FUNDS LAST YREND		75308	68467
CASH FUNDS THIS YR	END	69422	75308

	Lloyds Business Instant Access A/e	Lloyds Business Instant Access A/e	Lloyds Business Instant Access A/e	68,715
	Lloyds Current Account			707
				69422
PERMANENT	ENDOWMENT			464,204
INVESTMENT	ASSETS-PERMANENT		ENDOWMENT
			YEAR	COST TO DATE	CURRENT
INVESTMENT ASSETS			ACQUIRED/		VALUE
			SOLD
				f	f
Leasehold	7The Cooperage, Dorchester		2013	151,444	151,444
29,881,80	M &G Charifund	Units	2002/2005	304,608	465,021
2,594.00	M gc G Charibond	Units	Not known	2,855	3,143
3,417.52	Charinco Inc Units		Not known	5297	268
				312,760	474,432
TOTAL INVESTMENT ASSETS				~464 204	~625876

GENERAL FUND		2021	2020
RECEIPTS
INVESTMENT INCOME
M &G Charifund Units		'7'7 11'7	20,071
M &G Charibond Units		65	89
Charinco Units		205	'705
Bank Interest		7	25
Bank refunds			79
Rent 7 The Cooperage		8 330	8 700
TOTAL RECEIPTS		30719	'79 069
PAYMENTS
CHARITABLE PAYMENTS
Grants —PCC re Parish Office Staff		6,000	6,000
PCC re Parish Office Equipment		400	400
StGeorge's church committee		372
St Mary's church committee		1,835	6,300
StPeter's church committee		21,000	3,720
PCC other		7000	7 500
		31,607	18,920
PROPERTY MANAGEMENT	COSTS
7The Cooperage insurance/ground		504	471
rent/ costs
Brewery Square service charge		I '774	1,256
Agents: Commission 14%		1,387	1,462
Services		335	60
Management costs		I 548	30
		36,605	22,199
OTHER —Bank charges			'79
TOTAL PAYMENTS		36605	7'7 7'78
EXCESSOFRECEIPTS			6,841
OVER PAYMENTS
EXCESSOF PAYMENTS		(5886)
OVER RECEIPTS
CASH FUNDS LAST YREND		75308	68467
CASH FUNDS THIS YR	END	69422	75308

	Lloyds Business Instant Access A/e	Lloyds Business Instant Access A/e	Lloyds Business Instant Access A/e	68,715
	Lloyds Current Account			707
				69422
PERMANENT	ENDOWMENT			464,204
INVESTMENT	ASSETS-PERMANENT		ENDOWMENT
			YEAR	COST TO DATE	CURRENT
INVESTMENT ASSETS			ACQUIRED/		VALUE
			SOLD
				f	f
Leasehold	7The Cooperage, Dorchester		2013	151,444	151,444
29,881,80	M &G Charifund	Units	2002/2005	304,608	465,021
2,594.00	M gc G Charibond	Units	Not known	2,855	3,143
3,417.52	Charinco Inc Units		Not known	5297	268
				312,760	474,432
TOTAL INVESTMENT ASSETS				~464 204	~625876