Annual Report and Financial Statements
for the Year Ended 31 July 2023
The Parkside Evangelical Trust
Charity reglstritlon number: 1119811
Independent Examlners Ltd
2 Broadbridge Business Centre
Delling Lane
Bosham
Chichester
West Sussex
P018 8NF

THE PARKSIDE EVANGELICAL TRUST
CONTENTS
Reference and Admlnlstratlve Detalls
Trustees, Report
2to5
Independent Examlner's Report
Statement of Flnancbal Actlvltles
Balance Sheet
Notes to the Financial Statements
9t0 18

THE PARKSIDE EVANGELICAL TRUST
REFERENCE AND ADMINISTRATIVE DETAILS
Trustees
Malcolm Hyde
Nina Mills
David Nickless
Paul Burden
Charity Registration
Number
1119811
Principal Office
I St Flora's Road
Llttlehampton
West Sussex
BN17 6BD
Independent Examiner
G W Schulz ACMA
Independent Exèminers Ltd
2 Broadbridge Business Centre
Delling Lane
Bosham
Chlchester
West Sussex
P018 8NF
Bankers
CAF Bank
25 Kings HS11 Avenue
Kings Hill
West MallSng
Kent
ME19 4JQ
Page I

THE PARKSIDE EVANGELICAL TRUST
TRUSTEES, REPORT
The Trustees present the annual report together wlth the flnancial statements of the
charity for the year ended 3 1 July 2023.
Structure, governance and management
Nature of governlng document
The Trust was started by a Deed of Trust dated S May 1972. In June 2007 the Church
was registered with the Charity Commisssion and a new Trust Deed dated 10 November
2006 was adopted.
The prlnclpal object of the charity Is to operate Parkside Evangellcal Church as an
independent evangelical church in Littlehampton, West Sussex.
Recruitment and appointment of Trustees
The management of the charity is the responsibility of the Trustees who are elected and
co-opted under the terms of the Trust deed.
Organisational structure
The Trustees are the employers of staff members. The day-to-day management and
running of the Trust was delegated to the Pastor and the Elders of the Church. The
Trustees met four tlmes durlng the year. The Elders rnet on a regular basis to discuss
the ongolng Ilfe and work of the Church.
The practical matters relating to the Church were delegated to a Team of Deacons who
have the responsibility for malntalnlng and supervising the use of the Church bulldings.
The responsibility for the spiritual life of the Church Is vested in the Pastor and Elders.
Risk management
The trustees have assessed the major rbsks to whlch the Charity Is exposed, In partlcular
those related to the operations and fbnances of the Charity, and are satisfied that
systems and procedures are In place to mltlgate exposure to the major risks.
Objectives and activities
Objects and aims
l. To advance the cause of the Chrlstian faith both in this country and abroad. This
involves supporting those engaged in mission locally, nationally ènd intern6tlonally,
either as individuals or working with organisatlons.
2. To provide help and support, spirltually, flnanclally and emotionally to those in need,
whether in the Church or In the local community.
3. To make the premlses avallable, at the discretlon of the Elders, to other organlsations
in the community.
4. To arrange servlces and events for all age groups - these will have a varied content,
which may include splrltual, educatlonal or recreètlonal.
Page 2

THE PARKSIDE EVANGELICAL TRUST
TRUSTEES. REPORT (CONTINUED)
Public benefit
The Trustees confirrn that they have complied with the requlrements of section 17 of the
Charities Act 2011 to have due regard to the public benefit guidance published by the
Charity Commission for England and Wales,
Achlevements and performance
In accordance with the guldellnes for the Advancement of Religion for the Publlc Beneflt,
the Church engaged in a wide variety of activities, both within the Church, worklng wlth
other Churches and in the wider community.
The Pastor Rory Mcclure is now in his eleventh year of mlnlstry. There has been
ch311enging, consecutive Bible teaching throughout the year and the Pastor has
continued excellent YouTube servlces recorded live and posted online. The church has
contlnued to grow as we have been meeting and worshipping together again normally
and for most activities to be started again. Financlol support for this work has become
more of a concern as we are using some reserves to meet our requirements following
loss of Income from the Preschool which had to cease and the costs of renovating the
church cottage ready for renting.
Encouragement in the practice of the Christian faith
During the year existing Church members have been encouraged in the practice of the
Chrlstlan falth through regular services, good Bible teaching and fellowshlp meetlngs.
The main servlces have been held on Sundays. The morning services have attracted a
wide age range of people and the average attendance has been over 60 most weeks.
The Evening service is regularly attended by 18 to 30 people.
Home Groups also form part of the process of encouraglng people In the Christian faith
and these continued fortnlghtly throughout the year. Prayer meetings have taken place
on Zoom.
Seeklng new followers
One of the ways to advance the Christ13n faith is to engage in sharing that faith with
people of different faiths or none. The posting of our service5 on YouTube resulted in
several new people attending services. There were three baptisms in September 2022.
We are pleased that new members iritegrated into Ihe church well. These folk had been
attending the church services regularly. The Tuesday Fellowship afternoon teas have
continued and are regularly attended by 20- 25 people. A Saturday afternoon Skills
Swap Shop continues to encourage folk to share their skills with others by practlcal
demonstrations and workshops. The church held a servlce and Communlty meèl for the
Kings Coronation and also for our Church's 50th Anniversary. Both were attended by
over 90 people.
Missionory and outreach work
Durlng the year members of the Church have been able to malntaln support for different
Missions and Christlan Charltles. Church members have been kept informed about these
mlnlstrles.
Page 3

THE PARKSIDE EVANGELICAL TRUST
TRUSTEES, REPORT (CONTINUED)
A small team were able to take servi￿5 In Oakland Grange Care Home. These are well
attended and appreciated.
In August, a summer camp in conjunction with other local Churches for children aged
9- 1 I from local primary schools was again held at Lodge Hlll campsite.
Church members through the church's funds made donations to the Operation Romanla
Trust, the Gideon's, London City Mission, Slavic Gospel Association, Medlaserve,
Tearfund, Release International, Wycllffe Bible Translatlon and local charitles Turning
Tides Homeless project, and the Littlehampton Food Bank. Coffee mornings were held to
ralse funds for SGA, Operatlon Romanla Trust and Release Internatlonal.
The church contbnues to work with the Littlehampton Churches Together group and
pastor mcclure chaired this for the year. A combined New year Unlted servlce and a
Pentecost service at the church were both well attended. Members took part in a march
of Witness on Good Friday.
The church is a member of the Sussex Gospel Partnership which offers Bible based
trainlng courses and conferences for church leaders and members across Sussex.
The church contlnues to be a member of the Evangelical Alliance.
Pastoral Care
Durlng the year the pastoral care of Church members has continued to be a priorlty.
Home visiting and care home and hospital visits continue. Members make regular phone
calls, help with practlcal issues when needed, provide lifts to hospital appointments and
the Pastor offers support and counselling to those in need. The Church has been able to
help members in several ways, for example, financial matters, and links with the local
authority and supporting families in the community. The church is continuing to try and
support those that are in great need.
Use of the buildings
The bulldlngs continued to be used by groLJPS frorn the local communlty. Sllmmlng World
continues to meet every week on the premises.
The following groups Arcade Knltters, Llttlehampton Flower group and the Beaumont
Flower group and the Littlehampton Wl are open to members of the local community and
provide opportunities for meeting together.
It Is clear from the above report that Parkside Church Trust has demonslrated during the
year ending 31st JLJIY 2023 that their work in the advancement of the Christlar) falth has
been for the public benefit
Financial review
The principal funding of the Church Is provided by member5 donations which are given
under Gift Aid whenever possible. Income in the year increased by £3,978 to £74,271.
Loss on investments amounted to £2,754 12022
loss £5,081). Expendlture has
increased in the year by £30,399 to £121,003. The deflclt for the year amounts to
£49,486 (2022 deficit £25,392) and the reserves to carry forward amount to £413,113.
Page 4

THE PARKSIDE EVANGELICAL TRUST
TRUSTEES. REPORT (CONTINUED)
Going concern
After making appropriate enqulrles, the Trustees have a reasonable expectation that the
charlty has adequate resources to continue in operational existence for the foreseeable
future. For this reason they continue to adopt the going concern basis in preparing the
financial statements.
statement of Responslbilitles
The Trustees are responsible for preparlng the Trustees, report and the financlal
statements In accordance with the United Kingdom Accounting Standards (United
Klngdom Generally Accepted Accounting Practice) and appllcable law and regulations.
The law Bppllcable to charltles requires the Trustees to prepare financlal statements for
each flnanclal year which give a true and fair view of the state of affalrs of the charity
and of the incoming resources and appllcatlon of resources of the charity for that period.
In preparlng these flnancbal statements, the Trustees are required to..
select suitable accountlng policles and then apply them conslstently;
• observe the methods and principles in the Charities SORP.
make judgements and estimates that are reasonable and prudent,.
• stète whether applicable accounting standards have been followed, subject to any
materlal departures dlsclosed and explained In the flnancial statements. and
prepare the financial statements on the going concern basls unless St is inappropriate
to presume that the charity will continue in business.
The Trustees are responsible for keeping proper accounting records that dlsclose with
reasonable accuracy at any ti me the financial position of the charity and enable them to
ensure that the financial statements comply wlth the Charities Act 2011, the Charities
(Accounts and Reports) Regulation5 2008, and the provisions of the constitution. The
Trustees are also responsible for safeguarding the assets of the charlty and hence for
taking reasonable steps for the prevention and detectlon of frèud and other
irregularities.
The annual report was approved by the Trustees of the charity on 15 January 2024 and
slgned on Its behalf bv..
Malcgm-Hyde
Trustee
David rtrfiess
Ic
Trustee
Page 5

THE PARKSIDE EVANGELICAL TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE PARKSIDE EVANGELICAL TRUST
I report to the Trustees on my examination of the accounts of The Parkside Evangelical
Trust for the year ended 31 July 2023.
Responsibilities and basis of report
As the charity Trustees of The Parkslde Evangellcal Trust you are responslble for the
preparation of the accounts In accordance wbth the requlrements of the Charities Act
2011 ('the Act,).
I report in respect of my examlnatlon of the The Parkside Evangelical Trust's accounts
carried out under section 145 of the 2011 Act and in carrying out my examination I have
followed all the applicable Directions glven by the Charlty Commission under section
145(51{bl 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 belleve that in any
material respect..
l. accounting records were not kept In respect of The Parkside Evèngelical Trust as
requlred 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 accounting 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 whlch attentlon should be drawn In thls report in order to enable a proper
understanding of the accounts to be reached.
G W Schulz ACMA
Independent Examiners Ltd
2 Broadbridge Business Centre
Delling Lane
Bosham
Chichester
West Sussex
P018 8NF
15 January 2024
Page 6

THE PARKSIDE EVANGELICAL TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 JULY 2023
Unrestricted Restricted
funds
funds
Total
2023
Total
2022
Note
Income and Endowments from:
Donations and legacies
Investment income
other income
60,463
143
5,522
65,985
143
52,566
25
Total income
Expenditure on:
Charitable activities
115 481
121 003
Total expendlture
Gainsllosses on
investment assets
115,481
5,522
121,003
90,604
Net expendlture
Net movement in funds
149,486)
(49,486)
125,392)
Reconciliation of funds
Total funds brought
forward
462 599
462 599
487 991
Total funds carried
forward
14
413 113
413 113
462 599
The notes on pages 9 to 18 form an Integral part of these flnancial statements.
Page 7

THE PARKSIDE EVANGELICAL TRUST
BALANCE SHEET
AS AT 31 JULY 2023
2023
2022
Note
Fixed assets
Tangible assets
333 774
345 284
333 774
345 284
Current assets
Debtors
Investments
Cash at bank and in hand
io
3,672
61,505
2,817
76,152
81,477
119,562
Creditors. Amounts falllng due wlthln one year 12
Net current assets
117 315
Net assets
413 113
462 599
Funds of the charity:
Unrestricted income funds
Unrestricted funds
413 113
462 599
Total funds
14
413 113
462 599
The financial statements on pages 7 to 18 were approved by the Trustees, and
authorised for issue on 15 January 2024 and slgned on their behalf by..
Malcolm
Trustee
de
Davi£k*41iOess
Trustee
The notes on pages 9 to 18 form an integral part of these flnanclal statements.
Page 8

THE PARKSIDE EVANGELICAL TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
l Accountlng polleies
statement of compliance
The financlal statements have been prepared in accordance with the second edition of
the Charltles Statement of Recommended Practice issued in October 20 19, the Financial
Reportbng Standard applicable in the United Kingdom and Republlc of Ireland {FRS 102)
and the Charltles Act 2011.
Basis of preparation
The Parkside Evangellcal Trust meets the deflnltlon of a public benefit entity under FRS
102. The accounts (financlal statements) have been prepared under the historical cost
convention with items recognised at cost or transaction value unless otherwise stated in
the relevant note{s) to these accounts.
Golng concern
The Trustees consider that there are no material uncertainties about the charity's ability
to continue as a going concern.
Income and endowments
Voluntary income including donations, gifts, legacies and grants that provide core
fundlng or are of a general nature is recognised when the charity has entitlement to the
ncome, it is probable that the income will be received and the amount can be measured
with sufficient reliability.
Donations and legacies
Donations and legacies are recognised on a receivable basis when receipt is probable and
the amount can be rellably measured.
Gift aid
Income tax recoverable in relation to donations received under Gift Ald or deeds of
covenant is recognised at the time of the donation.
Interest receivable
Interest on funds held on deposit is included when recelvable and the amount can be
measured reliably by the charlty,. thls Is normally upon notiflcation of the Interest paid or
payable by the Instltution with whom the funds are deposited.
Investment income
Dividends are recognised once the dividend has been declared and notification has been
recelved of the dlvidend due.
Page 9

THE PARKSIDE EVANGELICAL TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023 (CONTINUED)
Expenditure
All expenditure Is recognlsed once there is a legal or constructlve obligation to that
expenditure, It Is probable settlement is required and the amount can be measured
reliably. All costs are allocated to the applicable expenditure heading that aggregate
simi5ar costs to that category.
Charitable actlvltles
Charitable expendlture comprlses those costs Incurred by the charlty In the dellvery of its
actlvltles and servlcos for its beneflciaries. It includes both costs that can be allocated
dlrectly to such activltbes and those costs of an indirect nature necessary to support
them.
Grant provisions
Provisions for grants are made wher) the intention to make a grant has been
communicated to the recipient but there is unceriainty about either the timlng of the
grant or the amount of grant payable.
Taxation
The charity is consldered to pass the tests set out in Paragraph I Schedule 6 of the
Flnance Act 2010 and therefore it meets the definltion of a charitable company for UK
corporation tax purposes. Accordingly, the charity is potentially exempt from taxatlon In
respect of income or capital gains received within categorles covered by Chapter 3 Part
I l of the Corporation Tax Act 2010 or Section 256 of the Taxètion of Chargeable Gal ns
Act 1992, to the exlent that such Income or galns are applled exclusively to charltable
purposes.
Tangible fixed assets
Individual fixed assets costing £0.00 or more are initially recorded at C05t, less any
subsequent accumulated depreciatlon and subsequent accumulated impalrment losses.
Depreelatlon and amortisation
Depreciation is provided on tangible fixed assets SO as to write off the cost or valuatlon,
less any estlmated resldual value, over their expected useful economlc Ilfe as follows..
Asset class
Land and buildlngs
Building improvments and fixtures
Furniture and equipment
Depreciation method and rate
20/0 on cost
2Wo on cost
20Wo on cost
Debtors
Trade and other debtors are recognised at the settlement amount after any trade
discount offered. Prepayments are valued at the amount prepaid net of any trade
discounts due.
Page 10

THE PARKSIDE EVANGELICAL TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023 (CONTINUED)
Cash and cash equivalent$
Cash and cash equivalents comprlse cash on hand and call deposits, and other
short-term highly liquid investments that are readily convertible to a known amount of
cash and are subject to an insignificant risk of change in value.
Llablllties
Liabilities are recognised when there is an obligation at the Balance Sheet date as a
result of a past event, it Is probable that a transfer of economic benefit will be required
In settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the charity anticipates it will pay to settle
the debt or the amount it has received as advanced payments for the goods or servlces
it must provide.
Fund structure
Unrestricted income funds are general funds that are available for use at the Trustees
discretion in furtherance of the objectives of the charlty.
Restrlcted funds are fLJnds whlch are to be used in accordance with speciflc restrSctlons
imposed by donors or which have been raised by the charity for particular purposes. The
costs of raising and administering such funds are charged agalnst the specific fund. The
aim and use of each restricted fund Is set out in the notes to the financial statements.
Pensions and other post retirement obligations
The charity operates a defined contribution pension scheme which 15 a pension plan
under whlch fixed contrlbutions are paid into a pension fund and the charity has no legal
or constructive obligation to pay further contributions even if the fund does not hold
sufficient assets to pay all employees the benefits relating to employee Service in the
current and prlor perlods.
Contributions to defined contribution plans are recognised in the Statement of Flnanclal
Activities when they are due. If contrlbution payments exceed the contribution due for
service, the excess Is recognlsed as a prepayment,
Page 11

THE PARKSIDE EVANGELICAL TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023 (CONTINUED)
2 Income from donations and legacies
Unrestricted
funds
General
Restricted
funds
Total
2023
Total
2022
Donatlons and legacies,.
Donatlons
3 Investment income
Unrestricted
funds
General
Restricted
funds
Total
2023
Total
2022
Interest receivable and
similar Income.
Interest recelvable on
bank deposlts
143
143
25
4 Other income
Unrestricted
fund5
General
Restricted
funds
Total
2023
Total
2022
Rental Income
Page 12

THE PARKSIDE EVANGELICAL TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023 (CONTINUED)
5 Expendlture on charltable aetlvities
Unrestricted
funds
General
Restrlcted
funds
Total
2023
Total
2022
Note
Events and activities
costs
1,153
1,153
491
Worship and book
expenses
Glfts to speakers
Youth and chlldren's
work
OLJtreach
Advertising
Telephone and
internet
Repairs and
maintenance
utilities
Insurance
Printing and
statlonery
Training/travel
Financial services
Independent
examination
Depreciation,
amortisation and
other slmllar costs
Grant fundlng of
activities
staff costs
1,075
175
1,075
175
948
loo
481
481
178
854
130
178
764
764
688
42,552
2,702
3,316
3,925
46,477
2,702
3,316
13,746
3,245
2.878
1,405
1,405
1,286
188
201
183
183
1,380
1,380
1,380
11,510
11,510
11,509
2,121
46,486
115 481
1.597
3,718
46,486
8,363
121 003
Page 13

THE PARKSIDE EVANGELICAL TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023 (CONTINUED)
6 Grant-making
Analysis of grants
Grants to institutions
2023
2022
Grants to individuals
2023
2022
Grants paid
150
7 Trustees remuneratlon and expenses
No Trustees, nor any persons connected wlth them, have recelved any remuneration
from the charlty durlng the year.
No Trustees have received any reimbursed expenses or any other benefits from the
charity during the year.
8 Staff costs
The aggregate payroll costs were as follows..
2023
2022
staff costs during the year were:
Wages and salBries
Pension costs
45,549
937
43,694
895
The monthly average number of persons (including senior management I leadershlp
team) employed by the charity during the year expressed as full time equivalents was as
follows..
2023
No
2022
No
staff
No employee re￿iVed emoluments of more than £60,000 durlng the year
Page 14

THE PARKSIDE EVANGELICAL TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023 (CONTINUED)
9 Tangible fixed assets
Building
Improvements
and
fixture$
Furniture
and
equlpment
Land and
buildings
Computer
equipment
Total
Cost
At l August
2022
400 000
15 797 428 939
At 31 July 2023
400 000
428 939
Depreciation
At l August
2022
Charge for the
year
64,000
5,343
2,824
11,488
83,655
316
At 31 luly 2023
Net book value
At 31 July 2023
328 000
333 774
At 31 July 2022
336 000
345 284
The Church revalued its freehold property manv vears ago and has elected to use this
valuatlon as the deemed cost of the property under the transitional provisions for the
doptlon of Charltles SORP FRS102. The Church building in St Flora's Road,
Littlehampton is included at a value of £340,000, and the Church cottage is shown at it's
valuation of £60,000.
10 Debtors
2023
2022
Prepayments
Accrued income
2,889
783
2,496
321
11 Current asset investments
2023
2022
Llsted other shares
Page 15

THE PARKSIDE EVANGELICAL TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023 (CONTINUED)
12 Creditors: amounts falling due within one year
2023
2022
Other taxatlon and soclal securlty
Accruals
643
699
13 Pension and other schemes
Defined contribution pension scheme
The charity operates a defined contribution pension scheme. The pension cost charge for
the year represents contrlbutions payable by the charity to the scheme and amounted to
£937 {2022 - £895).
Page 16

THE PARKSIDE EVANGELICAL TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023 (CONTINUED)
14 Funds
Balance at
l August
2022
Balance at
31 July
2023
Incoming
resources
Resources
expended
Unrestrlcted funds
General
General Funds
462,599
65,995
1115,481)
413,113
Restricted funds
Bullding fund
Specific gifts fund
3,925
(3,925)
Total funds
462 599
121 003
413 113
Balance at
l August
2021
Balance at
31 Julv
2022
Incoming
resources
Resources
expended
Unrestrlcted funds
General
General Fund5
487,991
63,442
(88,834)
462,599
Restricted funds
Speclflc glfts fund
1,770
Total funds
487 991
462 599
Page 17

THE PARKSIDE EVANGELICAL TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023 (CONTINUED)
15 Analysis of net assets between funds
Unrestricted Total funds
funds
at 31 July
General
2023
Tangible fixed assets
Current assets
Current liabilities
333,774
81,477
333,774
81,477
Total net assets
413 113
413 113
Unrestricted Total funds
funds
at 31 July
General
2022
Tangible fixed assets
Current assets
Current liabllitles
345,284
119,562
345,284
119,562
Total net assets
462 599
462 599
Page 18