Charity No. 2616S3 ST MARTIN'S CHURCH, SALISBURY ANNUAL REPORT AND FINANCIAL STATEMENTS OF SARUM ST MARTIN THE REcfoR AND CHURCHWARDENS ACCOUNTS (CHURCH OR FABRIC ESTATES) FOR THEYEAR ENDED 31 DECEMBER 2023 RECTOR Father David Benjamin Fisher The Rectory 42 Tollgate Road Salisbury SPI 2JJ CHURCHWARDEN Mrs Mary A. Lilley 8 Potters Wav Sallsbury spi ipy CHURCHWARDEN Mr R. J. Haye5 53 Hilltop Way Salisbury SPI 3QQ INDEPENDE1￿ EXAMINER Christopher Bush FCA Berkeley Bate Outsourcbng LLP Chartered Accountants Blakey Road Salisljurv Wiltshire SPI 2LP SARUM ST MARTIN RECTORAND CHURCHWARDENS ACCOUNTS {CHURCH OR FABRIC ESTATES) CONTENTS OF THE FINANCIAL STATEMENTS For the Year Ended 31 December 2023 Page Report of the Rèctor and Churchwarden5 General Fund- Receipts ahd Payments Accounts Rawlings Bequest- Receipts and Payments Accounts statement of A55ets and Liabilltles Note5 to the Financlal Statements Independent Examinerfs Report SARUM ST MARTIN RECTOR AND CHURCHWARDENS ACCOUNTS {CHURCH OR FABRIC ESTATESI REPORT OF THE RECTOR AND CHURCHWARDENS For the year ended 31 December 2023 The Rector and Churchwardens of the church of Sarum St Martin. Salisbury, are the managing trustees of the Charlty registered as the 'Church or Fabric Estates Trust, The Diocese of Salisburws Diocesan 8oard of Finance Ss the Custodlan Trustee of the Invested capltal of the Charlty. The oblects of the Charity are for the puipose of maintalning the fabrlc of the Church of St Martln, the St. Martin's Centre, and for other charltable purposes. The income of the Charity Is derlved from investments of bequests and capital surns invested with the Central Board of Finance of the Church of England and fiom rental Income. The inctsme of the Charity Is used for the care, repair and malntenance of the Church buildlng and to provlde furnSshings and equlpment for use In the Church bulldlng, and the St. Martln's Centre. The Trustees who served during the year were: Father Davld Benjamin Fisher Mrs Mary A. Lllley Ichurchwardenl Mr A. l. Hayes Ichurchwardenl St Martin'5 Church The annual maintenance programme Including Health and Safety risk assessments. flre extingulsher malntenance and CCTV took pla￿ throughout the year. The Lightning Conductor maintenance was also carried out. Several Con￿rtS were held In the Church durlng the year The Parish Offi￿ was open on Mondays to Thursdays from 10.00am to 12.30pm. st Martlns Centre A malntenance programme was managed on a needed basls during the year. A full rlsk assessment was carrled out to meet our Health and Safety requirement5 and Fire alarm and CCTV maintenance was also carried out wlth minor works to ensure good working order of all Servi￿5. The Ha115 were hired to a number of organisations throughout the vear. One room on the upper floor wa5 hlred by a group of artlsts throughout the year. The building was valued by Venditum in April 2022. The EIS school was operatlng Sporadical￿ during the year and hired two rooms for adminlstratlon and four classrooms at a rent of £1.00 per week. The rooms would also continue to be hired out to other private parties or organisations when avallable, an example being The Sallsbury Deaf Club and Celebrate Voice every October for two weeks to facilitate thelr rehearsal5. The part of the building alongside the churchyard is leased to the PCC, whlch Indudes the"basement offl accommodation" rented byThe Salisbury Vineyard Church who are responslble forthe Council Rates on that element of the bulldlng. On behalf of the Rector & Churchwardens Father Davld Benjamin Asher IRectorl Dated- SARUM ST MARTIN RECTOR AND CHURCHWARDENS ACCOUNTS ICHURCH OR FABRIC ESTATES) STATEMENT OF FINANCIAL ACTIVITIES For the Year Ended 31 December 2023 GENERAL FUND- RECEIPTS AND PAYMENTS ACCOUNT 2023 2022 RECEIPTS Miss Little Bequest 6946 share5 CBF 134Th)1766S Eleanor Walsh Fynd 6697 Shares COIF 15294001T Interest and Dividends receivable Rent- St Martiri's Former Infant's S£hool Miscellaneous Income Wlltshire Covid Grant 4,292 3,649 1,646 8,709 4,258 3.634 iio 10,888 18,296 18.900 OTHER RÉCEIPTS Transfers from PCC 242.400 Study English return of fuThds 53,887 53,887 242.4CYJ TOTAL RECEIPTS 72,183 261,300 PAYMENTS Church Maintenance ènd Repairs Ilncl Tower) Bank Char£Ès and Interest Insurance Sundry Items/Equipment Church Hall Repai15 & Malntenance Professional Fees and Facultles charitable glving and donations Study English in Salisbury costs Church Ha11 Runnlng 51,027 84 36,170 85 6,303 2,068 8.342 4,213 7,359 1.494 4,758 2,721 2,783 9,943 1,500 173,5371 165,3141 OTHER PAYMENTS Transfers to PCC Transfer to 0iscreti0￿ary Fund 70,061 io,LK)o 29,362 180,0611 129,3621 YOTAL PAYMENTS 1153,5981 194.6761 Contlnued..... INVESTMENTS Partial encashment from Fabric Fund 60,IK 65,OC() 60,000 65,000 IDEFICITI/suRPLU5 FOR THE YEAR 121,4151 231,624 Bank Balahces- l January 2022 245.996 14.372 Bank 8alances- 31 December 2022 224,581 245,996 SARUM ST MARTIN REcfoR AND CHURCHWARDENS ACCOUNTS (CHURCH OR FABRIC ESTATES} STATEMENT OF FINANCIAL ACTIVITIE5 For the Year Ended 31 December 2023 RAWIINGS BEQUEST- RECEIPTS AND PAYMENTS ACCOUNT 2023 2022 RECEIPTS Dlvidend on share5 Interest on CBF deposlt account 64,209 18.188 64.797 6.773 TOTAL RECEIPTS 82.397 71.570 PAYMENT5 Withdrawal 60,(K)O TRANSFERS BETWEEN FUNDS SURPLUS FOR THE YEAR 22.397 71,570 CBF Deposit Balance- l January 2023 554,221 472,651 CBF Deposit Ba13n￿- 31 December 2023 566,618 544,221 DISCRECTIONARY FUND- RECEIPTS AND PAYMENTS ACCOUNT 2023 2022 RECEIPTS Miscellaneous income Interest on C8F deposit account 10,020 634 515 632 TOTAL RECEIPTS 10,654 1.147 PAYMENTS 10.761 SURPLUSIIDEFicm FOR THE YEAR 167 CBF Deposit Balan￿- l January 2023 233 66 C8F Deposit Balance- 3J December 2023 126 233 SARUM ST MARTIN RE￿OR AND CHURCHWARDENS ACCOUNTS {CHURCH OR FABRIC ESTATES) STATEMENT OF ASSETS AND LIABIUTIES AT 31 DECEMBER 2023 Genéral Fund Rawllngs Bequest Total 2023 Total 2022 Monetary Assets- Investments at Market Value: Mlss Uttle Bequest 6,946 share5 CBF 1340017665 Church Discretionary Fund 1,490 shares CBF 634231001S Lear Memorlal Room 1,027 shares CBF 134001278S Eleanor Walsh Fund 6,697 shares COIF 15294001T Rawling5 Bequest 106,993 shares CBF 1340017565 CBF Deposit Fund 634078004D War Bond Wilmot Trust D15cretlonary Account- Lloyds Bank plc Deposlt Account- Lloyds Bank plc Current Ac¢ount- Lloyds Bank plc 157,016 34,925 23,230 132,902 157,016 34,925 23,230 132,902 2,349,044 2,349,044 566,618 loo 126 143,406 31,002 21,216 121,546 2,145,432 544,221 IC4J 66 566,618 100 126 196,536 196,536 236,898 28,045 28,045 9,098 1,139,498 2,349,044 3,488,542 3,252,985 OTHER FIXED ASSETS: Note Freehold of St Martin's Infants School NON-MONETARY ASSETS Grand Plano at cost Silver Chrismatory Casket at cost Church Organ at cost HangSng Pyx at cost Office Computer at Cost Rector's Computèr Rector Roljes Entrance Furnishings HP CM printer at cost Presidentlal Chair Less.. Depreclatlon to date 8,950 8,995 26,340 13,050 8,950 8,995 26,340 13,050 1,066 917 430 1,477 579 8,950 8,995 26,34Q 13,050 1,066 917 430 1.066 917 430 1,477 579 1,477 579 1,181 163,3731 1,181 1,181 16,0381 157,3351 163,3731 SARUM ST MARTIN RECTOR AND CHURCHWARDENS ACCOUNTS (CHURCH OR FABRIC ESTATES} INOEPENDENT EXAMINER'S REPORT TO THE TRUSTEES For the year ended 31 December 2023 I report to the trustees on my examinatlon of the accounts of the Rector and Churchwardens Accounts Ichurch or Fabrlc E5tate51 for the year ended 31 December 2023 which arè set out on pages 3 to 7. Responsibilities and basi5 of report As the charity trustees of the PCC you are re5por)sible for the preparation of the accounts In accordance wlth the requlrements of the Charltles Act 20111'the ACVI. I report In respect of my examlnatlon of the PCC'5 accounts carried out under sectlon 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Dlrection5 given by the Charlty Commlssion under section 14515llbl of the Act. Independent examlnerfs statement I have completed my examinatlon. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any materlal respect.. l. accountln8 records were not kept In respect of the PCC as required by section 130 of the Act,. 2. the accounts do not accord wSth those records. I have no concerns an(1 have come across no other matters In connection with the examinatlon to which attentSon should be drawn in thls report In order to enable a proper understanding of the accounts to be reached. Christopher Bush FCA Berkeley Bate Outsourcing LLP Chartered Accountants Blakey Road Salisbury Wlltshlre SPI 2LP Dated..