REGIStERED CHARITY NUMBER: 1087321
REPORT OF THE TRusfEES AND
UNAUDITED FINANCIAL ￿ATEmENTs
FOR THE YEAR ENDED 31 MARCH 2024
FOR
CHRIsf CHURCH ST LEONARDS OLD BUILDINGS
Ashdown Hurrey
Charteroj Accountsnt & Business Advisers
20 HavelrKk Road
Hastings
East Sussex
TN34 IBP

CHRIsf CHURCH sr LEONARDS OLD BUILDINGS
coNrENTS OF THE FINANCIAL sfATEMEiirs
FOR THE YEAR ENDED 31 MARCH 2024
Page
Report of the Trustees
I to 3
Independert Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
7 to 11
Detsiled Ststement of Financial Activities
12

CHRIsf CHURCH sr LEONARDS OLD BUILDINGS
REPORT OF THE TRusfEES
FOR THE YEAR ENDED 31 MARCH 2024
The tnjstees present their report with the financial statemwts of the charity for the year ended 31 March 2024. The
trustees have adopted the prowsions of Accounting and ReFQrting by Charities.. Statement of Recommended Practice
applicable to charities preparing th8r accounts in accordan￿ WTth the Financial RetThting Stsndard applicable in the UK
and Republic of Ireland (FRS 102) (effective l January 2019).
OBJECrnIES AND ACtivrrIES
Objectives and aims
The objects of the Twst are:
l. The advancement and promotion of theY)Iih3ical education and training for lay and ordained persons in the Church of
England.
2. meeting room(s) and related facilities for the use of the ecclegastical Fkirish of thrist Church, St Mary Magdalen and
St Peter & St Paul St Leonards-on-sea.
3. accommodation for members of the clergy and the families wtthin the Church of England;
4. for such other charitable purposes conn￿t￿ with the Church of England as the trustees a￿ consultstion with the
incumbent or priest for the time ￿Ing in charge of the eccle5iaStical parish of Christ Church, St Mary Magdalen and St
Peter & St Paul St Leonards-on-sea shall from time to time deterniine.
Public benefft
The objects of Christ Church St Leonards Old Buildings Trust fall wfthin the definttion of the advan￿ment of religion
which for many years has ￿en ac￿pted as for the public benefit and therefore charitable. Under the 2011 Charities Att
there is an overarching rquirement that all charities must for the public bendiL
The trustees have paid due regard to the Charity Commissions guidance on public benefit and are satisfied that the
objects, aims and actNities as descritrEd in the repx)rt are clearty for the public benefit and for the advancement of
religion and are therefore thar￿able.
In addition the lease provided to CA1066 for the Magnet Centre at a below market rent was a ￿SItiVe decision by the
Trustees to assist CA1066 in prowding ￿r¥IceS to the local community including LEnefit advi￿ and access, immigration
Status, debt, housing and many other needs for the suprKJrt of individuals and families in c￿15. This is a 10 year lease
with breaks every 3 yea￿.
ACHIEVEMENT AND PERFORMANCE
Charitsble activities
The trustees have six premises which satisfv the obj'ects:
- the Christ Church CofE Primary School fomierly based in the Chrisi Church Buildings and which relccited in the 1990s,
this land is subj'ect to a 'Supplementary Agr￿menv with the Di0￿Se of Chichester Academy Trust and satisfies object 4
- The Parish Centre satisfies ob]'ect 2
- The availabilty of advice, support and training facilities in the Magnet Centre fao1it3ted by the Qtizens Advi￿ Bureau
(CA1066) and rooms in the Parish Centre satisfies Ob]￿t l.
17 Alfred Street (aka the Curate's Flat) which satisfies Obi￿t 3, currently the Curate's FLIt is not used as a residence
for a Minister of Religion so is let on a shorthold tenancy. which commenced on 1st May 2019.
Renaissance House. a full repairing 125-year lease was completed with Hasb"ngs Borough ￿UnCIl in March 2006 on
this building, considered an investsnent property, which fronts onto London Road, St L&)nards on Sea. Income from the
rental of the property which is r&reived in August annually is used to for the Maintenan￿ of the remainder of the
properties. The next rent rewew will be in 2027.
Page I

CHRIsf CHURCH sr LEONARDS OLD BUILDINGS
REPORT OF THE TRusfEES
FOR THE YEAR ENDED 31 MARCH 2024
ACHIEVEMEMf AND PERFORMANCE
Artivities durlng the year
During the year the Board oversaw;
- The completion of the major maintenance of the outside of OSB both South and North sNJe5
- The continuation of a ten-year lease let to CA1066 (CttFzens Advice Bureau) from 211119
- A continuation of a short-hold l-year tenancy lease let as a piivate residence for 17 Alfred Street from 11512020
- The continuation of a rolling l-year lease of the 'Parish to the Christ Cthurch Ffc
A continuation of a 125-year lease to Hasknngs Borough Counol for the part of the building known as Renaissin
House
- The Board met seven times during 2023124 and dixu55ed and progressed where w)ssible
o A closer relationship with the Mother Agnus Tru# (MAT)
o Fire Safety in the Old School Buildings (OSB)
o Long temi strategy of the use of the OSB including di%ussions with the Mother Agnes Trust and the Dioce
o A successor for the post of Clerk to the Trustees
o Anti-social behawour in and around the OSB and thrist Church
o complian￿ wtth the Charibes Commission a(fvI￿ on Rtsk and ￿nanCIal Control
o Installation of pigeon deterrents.
o Agreed an extension of the wlFlease in Renaissan￿ House
FINANCIAL REVIEW
Reserves policy
The trustees have considered the reserves of the Charity. Income of funds leth.ng property are largely used to maintsin
the buildings enabling their continued charitable use. It is the intention of the trustees to have 3 small resetve to cope
with any unexFected repairs and maintenance, this will be in the order of £40k
Mother Agnes Trust (MAT}
During the year following the finanoal 5UPtKIrt during 2022123 MAT had sJgge5ted to the CCOBT Board {Dec 2022) that
it would be useful to conduct a feasibility study to explore the long-tem future of the Old Sch(KJl Buildings (OSB} but to
include a wider brief in looking at the whole site, i.e. including Christ thurch. In Cknber 2023 Dr Emma Arbuthnot
(Senior Church Buildings Officer for the Dic(ese of Chichester) produced a document 'Planning a feasibility Study for
Christ Church Old Buildings Trust: considerations, options and [￿SSIble next steps. This was discussed by the Board who
agreed the first stsp was to undertake a 'Community Audiv in conjuntticfft with Chrtst Churth, this 15 likely to start in
April 2024.
FUTURE PLANS
The u* of the SchrK)I land, the 17 Atfr&J Stre£t, the Parith Centre, the Magnet Centre and Renaissance House will
continue as now but is reviewed each year.
It is an objective of the Trustees to dL￿lop a long-temi plan for the whole of the Old Sch￿1 Buildings to ensure it
meets the Ob]"ectives of the Trust, it 15 financially wable, and the fabric is maintained to an appropriate standard.
srRucfuRE, GOVERNANCE AND MANAGEMEKr
Governing document and background
The Charty is controlled by ts goveming d￿urnent, a deed of thjst. and constitutes an unincorporated chartty.
Under the declaration of trust d￿d dat8J 7 March 2001, the Charity was registered by the Charity Commission on 3 July
2001, and is governed by thts d￿aration of trust.
On 24 December 2002 the Trust acquired aS￿ts and liabilities amounting to £58,926 from predece550r tnjsts with the
consent of the Charity Commissio￿rS.
The major asset acquir&l wa5 lar￿ and buiklings in St La)nards-on-Sea. The Trust undertook a major redevelopment
project in respect of the land and buildings (which We￿ derdKt) 9) as to restore them for use in the objects of the
Trust. The prOj￿t in terms of development is complete and was large￿ financed by grants and loans.
The land and buildings have been revalued now the projett is completed and have been reststed in the accounts at
market value. Previously the net cost of the development {net of grants) had b*n added to the market value of the land
and buildings transferred from the predecessor Trusts.
In March 2024 the Board agreed to amend the Trust Deed to allow more fiexiLylity of the numtrEr of Trustees and also
the tenure of the same.
Page 2

CHRIST CHURCH sr LEONARDS OLD BUILDINGS
REpoiYf OF THE TRUStEES
FOR THE YEAR ENDED 31 MARCH 2024
5rRu￿uRE, GOVERNANCE AND MANAGEMENT
Recruilment and appointment of new trustees
Existing trustees ap￿int trustees at any time during the year under the temis of the Trust.
The trUSt￿S consider on a regular basis, whether additional trustees are required to fv￿lI specific roles within the
Charity. When identfying new tnjstees, con&deration is given to their background, relevant professional skills and
knowledge of the area in which the Charty operates. In March 2024 the Board approved the appointsnent of Mr Peter
King as a Trustee who will also tske over from Mr Andrew Knight as Clerk in the new finanaal year.
During the year the original Board met seven times, the LN)ard Iking the membership of the Rt Revd Peter Wheatley, the
Rt Revd Nicholas Reade, Mrs Maureen Hamian, Mrs Susan Parsons, Mr Pdul Lewis, Fr Thomas Crowley and Mr Andrew
Knight. It is with sadness we lost Mr Ian MacKellar who died in Juty 2023.
New tnjstees, where appropriate, rererve training from the Charitys professional advI￿r5 and the existing trustees.
Organisational structure
The trustees meet throughout the year to discuss matters to date and to agr￿ment on significant deci%ons to be
made.
REFERENCE AND ADMINIsfRATIVE DEfA]LS
Registered Charity number
1087321
Principal address
2 Christ Church Courtyard
London Road
st Leonards on Sea
East Sussex
TN37 6GL
Trustees
M E Harman
N Reade
P Wheatley
I MacKellar (resigned 31.7.23)
P Lewis
S Parsons
A Knight
T P V Crowley
P King (appointed 21.3.24)
Independent Examiner
Ashdown Hurrey
Chartered Accountant & Business Advisers
20 Havelc(k Road
Hastings
East Sussex
TN34 IBP
Approved by order of the tx)ard of trustees on 11 July 2024 and signed on its behalf by:
P Wheadey - Trustee
Page 3

INDEPENDENT EXAMINER'S REPORT TO THE TRusfEES OF
CHRIST CHURCH sr LEONARDS OLD BUILDINGS
Independent examiner's report to the t￿￿ee5 of thrist Church St Leonards Old Buildings
I retxjrt to the charity trustees on my examination of the accounts of Christ Church St Leonards Old Buildings (the Trust)
for the year ended 31 March 2024.
Responsibrlities and basis of report
As the charty trustees of the Trust you a￿ res￿nSIble for the preparation of the accounts in accordance wf(h the
requirements of the Charttie5 Act 2011 {￿e Att,).
I report in respect of my examination of the Trusvs accounts carried out under S&tion 145 of the Act and in carrying out
my examination I have followed all applicable Directtons given by the Charity Commission under Section 145(5)(b) of the
Independent examiner's slatement
I have compteted my examination. I confirm that no material matters have come to my attention in cOnn￿On with the
examination giving me cause to tdieve that in any material respect:
accounting records were not kept in resiktt of the Trust as required by S￿tiOn 130 of the Act; or
the accounts do not accord with those rerords. or
the accounts do not comply wtth the applicable requirements concerning the fom and content of accounts
out in the Charities {Accounts and Reports) Regulations 2008 other than any requirement that the accounts give
a true and fair view whth 15 not a matter consKJered as part of an independent examination.
I have no concems and have come acr055 no other matters in cOnn￿tIon with the examination to which attention
should be drawn in this rekx)rt in order to enable a proper understanding of the accounts to trE reached.
S R Sampson BFP Fcq FCIE DChA
Ashdown Hurrey
Chartered Accountsnt & Business Athsers
20 Havelock Road
Ha5tings
East Sussex
TN34 IBP
Date: 9 August 2024
Page 4

CHRIsf CHURCH ST LEONARDS OLD BUILDINGS
srATEMEKf OF FINANCIAL AcrivrrIES
FOR THE YEAR ENDED 31 MARCH 2024
31.3.24
Unresthcted
fund
31.3.23
Totsl
funds
INCOME AND ENDOWMEKfs FROM
Donations and legacies
779,783
Charitsble activities
Charitable attivities
8,448
7,680
Investment income
112 637
Total
121085
EXPENDITURE ON
Charitsble activities
Charitable activitses
180,801
146,621
Other
Total
182 241
148 061
NEf INCOMEI(EXPENDrruRE)
(61,156)
723,083
RECONCIUATION OF FUNDS
Totsl funds brought forward
1,015,706
292,623
TOTAL FUNDS CARRIED FORWARD
954 550
1015 706
The notes forn) part of these finanaal statements
Page 5

CHiusf CHURCH sr LEONARDS OLD BUILDINGS
BALANCE SHEEr
31 MARCH 2024
31.3.24
Unrestricted
fund
31.3.23
Total
fur￿5
FIXED ASSErs
Tangible assets
872,711
872,711
CURRENT ASSETS
Debtors
Cash at bank
2,211
2,068
147
17
88,228
149,385
CREDrroRS
Amounts falling due within one year
(6,389)
(6,390)
NET CURRENT ASSErs
142 995
TOTAL ASSEfs LESS CURREMf LIABILITIES
954,550
1,015,706
NET ASSErs
954 550
1015 706
FUNDS
Unrestricted funds
954 550
1015 706
TOTAL FUNDS
954.550
1015 706
The financial statements were approved tyy the Board of TnE5ttts and authorised for issue on 11 Jufy 2024 and were
sNJned on its behalf by:
P Wheauey - Trustee
The note5 fomi tkirt of these financtal s&*ements

CHRisf CHURCH ST LEONARDS OLD BUILDINGS
NOTES TO THE FINANaAL sfATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charty. whth is a wtblic benefft entity under FRS 102, have teen prepared in
accordan￿ wtth the Charities SORP (FRS 102) 'Accounting and RerK*rting by Charities.. Ststement of
Recommended Prattl￿ applicable to charittes preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) {effective l January 2019),, Financial
Reporting Standard 102 The ￿nanCIal Re￿rtIng Standard applicalje in the UK and Republic of Ireland. and the
Charities Act 2011. The finanaal statements have been prepar￿1 under the historical cost convention.
Income
l income is reccgnised in the Ststement of Finanoal Activ￿"eS On￿ the charity has entitlement to the funds, it is
probable that the income wll be r￿1ve(l and the amount can be measured rdiaLIy.
Expenditure
abilities a￿ recognised as extEnditure as 9)on as there is a legal or constructive obligation committing the
charity to that expenditure, it is probable that a transFer of ￿OnOmIC benefts will requir&1 in settlement and
the amount of the obligation can be measured reliabty. 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 direcuy
attributed to particular headings they have trEen allc£ated to athw.ties on a basis consistent with the use of
reg)urces.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off asset over its estimated u*ful
Old Buildings
F￿re5 and fittings
not provided
25% on reducing balan
Expenditure meeting the definition of ftxed assets are capitalised at the trustees, discretion having due regard to
expected economic life and cosL
Taxation
The charity is exempt from tax on its charttable activitse5.
Fund accounting
Unrestritted funds can be used in accordance with the charita￿e obje£tives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purpm wtthin the Ob]￿ts of the charity.
Restrictions arise when specified by the donor or when funds are raised for particular restrict￿ purwses.
Further explanation of the nature and purpose of each fund is included in the notes to the finanaal statements.
INVEsfMENT INCOME
31.3.24
31.3.23
Rental income
servi￿ charges
Deposit account interest
20,334
90,926
20,332
63,096
253
112 637
Page 7
continued...

CHiusf CHURCH sr LEONARDS OLD BUILDINGS
NOTES TO THE FINANCIAL sfATEMENTS - cvntinued
FOR THE YEAR ENDED 31 MARCH 2024
TRusfEES' REMUNERATION AND BENEFrrs
There were no trustees, remuneration or other benefjts for the year ended 31 March 2024 nor for the year ended
31 March 2023.
There were no trustees. expen￿5 paid for the year ended 31 March 2024 nor for the year ended
31 March 2023.
COMPARATIVES FOR THE sfATEMENT OF FINANCIAL AcfIvTfIES
fund
INCOME AND ENDOWMENfs FROM
Donations and legacies
779,783
Charitable activities
Charitable atttV5be5
7,680
Investment income
Total
EXPENDrruRE ON
Charitsble activibes
Charitable activities
146,621
ljther
1,440
Total
148 061
NET INCOME
723,083
RECONCIUATION OF FUNDS
Total funds brought fO￿ard
292,623
TOTAL FUNDS CARRIED FORWARD
1015 706
TANGIBLE FIXED ASSErs
Old
Buildings
and
ffttings
Tots15
cosr
At l April 2023 and 31 Marth 2024
DEPRECIATION
At l April 2023 and 31 March 2024
NEf BOOKVALUE
At 31 March 2024
865 100
872 711
At 31 March 2023
872 711
The charity undertook a major development and improvement on the okj bjitdings that it wuired from
predeCes￿r trusts. The development was ftjnded by grants and loans.
Page 8
continu&l...

CHRIsf CHURCH sr LEONARDS OLD BUILDINGS
NOTES TO THE FINANCIAL sfATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
TANGIBLE FIXED ASSEfs - continued
Following the completÉon of the development the Land and buildings were professionally valued. The external
valuation was based on an inSt￿￿"0n of the premises made by O Dyer MFUCS Independent Valuer, on 8 March
2017 and 3 April 2017.
The professonal propety valuations r￿erred to atx)ve were:
Fomier Magnet Centre, Parish Centre and Cut7te's Hat
Christ Church Hall (Building l)
Par￿1 of land
475,000
390,000
loo
865 100
The trustees consider the valuation to Ee for non specrfic use of the buildings and as such the values of the
properties in the financial statements is the transfer value from ￿edeCes￿r trusts plus cost of development and
improvement works, less grants. The trustees consider the above valuation 3s at 31 March 2017 to the
fair value as at 31 Marth 2024.
DEBTORS: AMouNfs FALUNG DUE WtrHIN ONE YEAR
31.3.24
31.3.23
Prepayments
CREDrroRS: AMOUNTS FALUNG DUE wmiIN ONE YEAR
31.3.24
31.3.23
Accruals
Deferred income
1,439
1,440
MOVEMENT IN FUNDS
Net
movement
in funds
At 1.4.23
31.3.24
Unrestiicted funds
General fund
1,015,706
(61,156)
954,550
TOTAL FUNDS
1015 706
61 156)
954,550
Net movement in funds, included in the abjve are as follows:
Incoming
re9)urces
Movement
in funds
expended
Unrestrirted funds
General fund
121,085
(182,241)
(61,156)
TOTAL FUNDS
121085
182 241)
61 156)
Page 9
continued...

CHRIsf CHURCH sr LEONARDS OLD BUILDINGS
NOTES TO THE FINANCIAL sfATEMErirs - continued
FOR THE YEAR ENDED 31 MARCH 2024
MOVEMEKf IN FUNDS - continued
Comparatives for movement in funds
Net
rTh)vement
in funds
At
31.3.23
At 1.4.22
Unrestricted funds
General fund
292,623
723,083
1.015,706
TOTAL FUNDS
723 083
1 015 706
Comparative net movement in funds, included in the a￿ve are as follows:
Incoming
rwurces
Resources
ex￿nded
Movement
in funds
Unrestricted funds
General fund
871,144
(148,061)
723,083
TOTAL FUNDS
148 061)
723,083
A current year 12 months and prior year 12 months combined position is a5 follows:
Net
movement
in funds
At
31.3.24
At 1.4.22
Unrestrirted funds
General fund
292,623
661,927
954,550
TOTAL FUNDS
292 623
954 550
A current year 12 months and prior year 12 months cc¥nkn"neYl net movement in funds, included in the above are
as follows:
Incoming
Resources
exFended
Movement
In funds
Unrestricted funds
General fund
992,229
(330,302)
661,927
TOTAL FUNDS
330 302)
661927
Page io
continued...

CHRIS[ CHURCH sr LEONARDS OLD BUILDINGS
NOTES TO THE FINANCIAL sfATEMEKfs - continued
FOR THE YEAR ENDED 31 MARCH 2024
RELATED PARTY DISCLOSURES
There were no related paty transactions for the year ended 31 March 2024.
Page 11

CHRIST CHURCH sr LEONARDS OLD BUILDINGS
DEfAILED sfATEMENT OF FINANcfAL ACtIvrriES
FOR THE YEAR ENDED 31 MARCH 2024
31.3.24
31.3.23
INCOME AND ENDOWMEiirs
Donations and legacies
Grants
779,783
Investment income
Rentsl income
Service charges
Deposit account interest
20,334
90,926
20,332
63,096
253
112,637
83,681
Charitable artivities
Curate's flat income
Totsl incoming resources
121,085
871,144
EXPENDrruRE
Charttable activities
Insurance
Premises expenses
4,326
167 158
4,065
127 868
171,484
131,933
Support costs
Govemance costs
Accountsncy
Professional fees
1,440
Total resour￿ expended
182 241
148 061
Net (expenditure)lincome
61 156)
723 083
This page doe5 not form part of the &atutory finanoal statements
Page 12