Registered Charity Number 1128278 The Parochial Church Council of the Ecclesiastical Parish of St Faith, Havant j ::. Annual Report and Statement of Financial Activities for the Year Ended 31st December 2022 faiths havant T¢¥A.:tsA.,kn i.<** I Compliant with Charity Commission Guidance on Annual Reports
| Linda Pope | (1"Term: May 2022 to April 2025) | ||||
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| In second year ofservice | Rosemary Turner | (Hon. Treasurer): (1"Term: April 2021to April | 2024) | ||
| Sue Tinney: | (1"Term: April 2021to April 2024) | ||||
| Sheena Jefferis: | (Co-opted) (Briefly resigned December |
2021, | upon | ||
| taking up paid employment with the parish. |
Re-co- | ||||
| pted at end ofemployment in Feb 2022) |
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| In third year ofservice | Hilary Deadman: | (3' Term: October 2020to April 2023) | |||
| Bill Jones: | (3' Term: October 2020to April 2023) | ||||
| Sue Tinney: | (1"Term: October 2020to April 2023) | ||||
| Infourth year ofservice | Dr Michael Fluck | (2"'Term: April 2019to April 2022) | |||
| Miss Naomi Sloane | (2"'Term: May 2022 to April 2025) | ||||
| Main Bankers: | CAF Bank, 2S Kings | Hill Ave., Kings Hill, West Mailing, Kent, ME194JQ |
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| A subsidiary bank account is held at Lloyds Bank, for ease of payments. |
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| Independent Examiner: |
P J Underwood, | Morris Crocker, Chartered Accountants, |
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| Station House, North Street, Havant, Hants, PO9 1QU |
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| Church Architect: | Richard Andrews, | Carden (k Godfrey, 33Clerkenwell Close, London |
| Unstsfctedd | Restricted | Endearment | Total funds | Total funds | ||||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | 2022 | 2021 | ||||
| Nom | 2 | 2 | 2 | 2 | 2 | |||
| INCONE AND ENDOls/SIENTS | ||||||||
| FROEI | ||||||||
| Donations and iegarses Acttvises for generating Church acttviTies |
funds | 88,989 45,822 54,477 |
40,351 'l,071 |
88,989 86,173 55,548 |
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| Investment income |
52,508 | 52,508 | ||||||
| Other income | 3,175 | 3,175 | ||||||
| TOTAL | ||||||||
| EXPENDITURE ON | ||||||||
| Raising funds | 3a | 4 | ||||||
| Chore~ act)vitae | 3b | 258,052 | 29,114 | |||||
| TOTAL | 258,056 | 29,114 | 287,170 | 291,719 | ||||
| Ne't galas/(losses) | on invest/nants | 8 | (10,697) | (10,848) | 6,157 | |||
| NET (EXPENDITURE)/INCOME | (16,411) | 15483 | (10,697) | (11,625) | 36,798 | |||
| Transfer between | funds | |||||||
| Net movement In |
funds | (16,411) | 15,483 | (10,697) | (11,625) | 36,798 | ||
| REGONCIUATION | OF | FUNDS | ||||||
| Total funds brought forward | 74,668 | 85,686 | 464,010 | 624,364 | 587,566 | |||
| TOTAL FUNDS CARRIED | 58,257 | 101,169 | 453,313 | 612,739 | 624,364 |
| FIXEDASSETS | |||
|---|---|---|---|
| Tangible feted assets | |||
| Investments | |||
| CURRENT ASSETS | |||
| Debtors | |||
| Cash at tsrnk and ln hand | |||
| CREDITORS | |||
| Amounts faBfng due within one year |
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| NET CURRENT ASSETS | |||
| TOTAL ASSETSLESSCURRENT | |||
| LIABILITIES | |||
| NETASSETS | 624,364 | ||
| FUNDS | 16 | ||
| Unrestricted funds |
58,257 | 74,668 | |
| Restricted funds | 101,169 | 85,686 | |
| Endowment funds |
453,313 | 464,010 |
| 2. | INCOME FROIN | Unrestricted | Restricted | Total funds | Total funds | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| funds | funds | 2022 | 2021 | |||||||
| 2 | 2 | 2 | 2 | |||||||
| 2a. | Donations and legacies | |||||||||
| Planned ghrtng: GIIIaided stewardship |
45,668 | 43,990 | ||||||||
| Other stewardship | 8,033 | 8,005 | ||||||||
| Giber collections at services | 'I0,821 | 6„300 | ||||||||
| Sundry donations Donations, appeals etc income tax rscoverabb |
t,1'l6 4,949 6,030 |
5,911 2,468 9,673 |
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| North St.rentai lnconle - Church | lfls8tule Grants | 9,705 | 15,713 | |||||||
| Job Retention Scheme Grants | 16,099 | |||||||||
| Covid Business Support Grants | 2,667 | 28,888 | ||||||||
| 2b. | Activities for generating | funds | ||||||||
| Shop Sales at The Paiiant | 13,772 | 20,845 | ||||||||
| Shop Sales at North Street- Church Fundratsing |
institute | Grants | 40,351 | 40,35'I | 72,531 | |||||
| 2c. | Church acdvlties | |||||||||
| Fees | 1,984 | |||||||||
| Letttngs ol Church, Church |
House, | Church | Hail | 52,493 | ||||||
| and Coach House | ||||||||||
| 2d. | Invesnnent income |
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| Dividends and intelsat |
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| Property rent |
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| 2e. | Other income | |||||||||
| Other income | ||||||||||
| TOTAL |
| FOR TH | E YEAR | ENDED 31DECEM | ENDED 31DECEM | BER2022 | |||||
|---|---|---|---|---|---|---|---|---|---|
| 3. | EXPENUrfURE ON | Un~ | Restrlcled | Totai funds | Total funds | ||||
| funds | funds | 2022 | 2021 | ||||||
| 2 | 2 | 2 | 2 | ||||||
| 3a. | Raising funds | ||||||||
| Gther fundraising costs |
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| 3b. | Church acdvltles | ||||||||
| Diocesan parish share | 57,416 | ||||||||
| Staffcosts | |||||||||
| - Admin staff, | crganlsts | and caretaker | 'i08,176 | ||||||
| ExpeAses | |||||||||
| - incumbent expenses | including | rectory | 1,511 | 3,724 | |||||
| - Clergyistaff | housing costs | ||||||||
| - Gther staft expenses | @176 | ||||||||
| Support costs- Printing and | stationery | 2.273 | |||||||
| - Gffice costs | 1,352 | ||||||||
| - independent | examiner's fees | 42 | |||||||
| Church costs- General running expenses - Routine maintenance including |
organ | 25,68'I 533 |
24,099 | 49,780 533 |
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| - Music and choir | 1,994 | 1,994 | |||||||
| -EVents expBfldltule Church House and Church Hail running costs |
2,73'l 34,518 |
2,731 34,518 |
30,881 | ||||||
| Mssion development | '144 | 144 | |||||||
| Extra parochial giving | |||||||||
| Accountancy Depredation |
4,794 119 |
4,794 119 |
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| 258,052 | 29,114 | 287,166 | 290,452 | ||||||
| TOTAL | 29,114 | 287,170 | 291,719 |
| Unrestrlcted | Restricted | Endowment | ||||
|---|---|---|---|---|---|---|
| funds | funds | funds | Total funds | |||
| 2 | 8 | 8 | ||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Dona0ons and legacies | 106,913 | |||||
| Acthr{8es for generating | funds | 21,574 | ||||
| Church actbises | 38,790 | |||||
| Investinent Income |
52,997 | |||||
| Other income | ||||||
| TOTAL | 220,274 | 102,086 | ||||
| EXPENDITURE ON | ||||||
| Raising funds | ||||||
| Church activiBes | ||||||
| TOTAL | ||||||
| Net gains'(losses) | on | investments | ||||
| NET INCOIIE44(EXPENDITURE) | 2,108 | 28,451 | ||||
| Trenster between | funds | (3,638) | 3,638 | |||
| Net mcwemsnt in |
funds | (1,530) | 32,089 | 6,239 | 36,798 | |
| RECONCILIATION | OFFUNDS | |||||
| Total funds brought | I | 76,198 | 53,597 | 457„771 | 587,566 | |
| TOTAL FUNDS CARRIED FORWARD | 74666 | 66666 | 64010 | 624264 |
| Freehold land | |||||
|---|---|---|---|---|---|
| and bultdlngs | Piano | AFrame | |||
| 2 | 2 | 2 | |||
| At 1January 2022 | 4,689 | 449 | |||
| At31 December 2022 | |||||
| DEPRECIATION | |||||
| At 1January 2022 | |||||
| Charge for the year | 107 | ||||
| At31December 2022 | |||||
| NET BOOK VALUE | |||||
| At 31 Dern mber 2022 | |||||
| At 31 December 2021 | |||||
| Computer | |||||
| PA System | Ettutpmsnt | Total | |||
| 2 | 2 | 2 | |||
| COST | |||||
| At 1 Janumy 2022 | |||||
| At 31 December 2022 | 370 | 383,030 | |||
| DEPRECIAllON | |||||
| At 1January 2022 | 370 | 5,341 | |||
| Charge for the year | 118 | ||||
| At 31 December 2022 | 1,026 | ||||
| NET BOOK VALUE | |||||
| *t31 December 2022 | |||||
| At 31 Deoember 2021 | |||||
| Freehold land and buildings | comprise the fo8owing: | ||||
| 2 | |||||
| 1 Churchfi*lds, South Street, Havant |
110,000 | ||||
| 2Churchfelds, South Sheet, Hsvant |
'105,000 | ||||
| Christ Church Bungalow, |
Rowan Road. Denvilles | 82,006 | |||
| Christ Church Centre, Rowan Road, Denvilies | 79,500 | ||||
| The Church House, The | Patam | ||||
| The Church Hali, The Paiiant | 1 |
| 2021 | Untmtfsed | |||||||
|---|---|---|---|---|---|---|---|---|
| Me«fret | Gainr | |||||||
| Value | (Loss) | |||||||
| 2 | 8 | |||||||
| 710.53 | CBFFixed Interest Securities | Fund | 1,125 | («51) | ||||
| 3,017 | CBF Fixed interest Securities | Fund | (641) | |||||
| «2,143 | CBFFixed interest Secunties | Fund | (2,580) | |||||
| 2,649 | CBF investment | Fund Income Shares | 62„035 | (7„303) | ||||
| 62.70 | CBFlnvestnlent | Fund loco«he Shares | ('l73) | 1,295 | ||||
| sls and | Bequest - The following | trusts are all | ||||||
| nt on the general purposes ofthe | parish: | |||||||
| 2Churchffetds Trust |
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| South Street Trust | ||||||||
| yd-Richar | dson Trust |
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| BTORS | ||||||||
| 2021 | ||||||||
| 9,929 | ||||||||
| EDITOR | Sr AMOUNTS FALLING | DUE WITHIN ONE YEAR | ||||||
| 2022 | 2021 | |||||||
| 8 | 8 | |||||||
| Deferred income | 'l,452 | 1,933 | ||||||
| Other creditors | 11,710 | 8,720 | ||||||
| Defened income |
represents | fees received | in adv'ance | for church | services„properly | rent and | ||
| church hire, | ||||||||
| 2022 | 202« | |||||||
| 8 | 8 | |||||||
| Brought forward | 1,933 | 2,593 | ||||||
| Amount released | to incoming | resources | (1,933) | (2,593) | ||||
| Amount defened | in year | 'l,452 | 1,933 | |||||
| Carried forward | .452 | 1.M3 |
| THE PAROCHIAL | CHURCH COUNC | IL OFTHE ECCLESIASTICAL PARISH Q | IL OFTHE ECCLESIASTICAL PARISH Q | IL OFTHE ECCLESIASTICAL PARISH Q | FSTFAITH H |
AYANT |
|---|---|---|---|---|---|---|
| NOTES | TCr THE RNANCSIL STATEMENTS | |||||
| FQRTHE YEAR ENDEQ | 31BECEBIBER2022 | |||||
| MOVEMENT OFFUNDS conthunM | ||||||
| Resources | ||||||
| expended2 | ||||||
| Rssnieard Funds Reducer~hmd |
ffgtl | |||||
| Raaf Fund B'U Buikf-Shop More ncrfw Bigihikl - BBCMan Fund Youth~Club |
3,t75 27,187 |
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| West Window R.pair | ||||||
| Utds Lambs Giroup | ||||||
| Tam's Scribblings | ||||||
| Ysung People snd Families Fund | ||||||
| BU Buikl. Tsdrrmfogy Furst |
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| Big Build - West End Tcget BigBdfd- Church Msmorisf Seaang Big Build - Nmlh SueeyIC~fds Big Iktkl - Churchfmfds 2 |
reprws | f200) IL771) l1,771} |
1,77I 1,27 1 |
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| Big Build - Churchyard Rsrbv slapment |
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| BU Buifd- Paganl Reprdm | ||||||
| BU Btifd - Light ng Condom | ||||||
| Big Build —Organ | ||||||
| Job Rstenfkm Sdwnw | ||||||
| HBC COVIC Supfxm | {1.647} | |||||
| Big Build - Build AccessiUs Ersrsnce BsgTower Repairs Pagsnl House - Warm Room Rerxvafkxw Psgsnt House - Wwm Room - General~ |
fgfB) )4.532) f2235) f234) |
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| Stsckstm msdrU | ||||||
| f29.114) | ||||||
| Endowment Fund |
l10697) | ft0897) | ||||
| TOTAL FUNILn | ||||||
| 2021 comparadvea Iormovemsnta |
in funds | |||||
| Nst | ||||||
| ntrwrnrterlt | ||||||
| Att.t21 | in tunde | At31.1221 | ||||
| 75.tkgf | ||||||
| I.t10 | ||||||
| Rseldoted Funds | ||||||
| Radcys discregonary hnxl |
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| Big Build - Church Rool | ||||||
| Organ Big Build - BBCMrfn Fumf |
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| Vsssy | ||||||
| Vestments Fuml |
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| Youth Club'Sunday Club |
1,295 | |||||
| Dr Cewhumt Msmorisl Gsrclsn |
371 | |||||
| BsaTovsv Lmnrss | ||||||
| chunn Acn ss fNonh Tnrnsspt pro)ert) | ||||||
| Csgbrgator | ||||||
| Hall PA &Lighdng Erfwcmsm | ||||||
| West Wmkm Fngsk | ||||||
| pstronsl Banner Lime Ssedsrf&T |
119 | |||||
| Tom's Scdbbtngs | 434 | |||||
| Young People and Famgws Fund | ||||||
| 24,313 | 8,116 |
| BigBuim- Technology Fund |
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|---|---|---|---|---|---|---|---|---|---|
| Big Bukd - Wesri Brul Taint BigBuNd - Church Msmmisl Sealing BigBuikl - North Sfresry'I Churchtbida BigBund-~2 |
repairs | ||||||||
| BigBusd - Chucctgerd Radcwelcpmsni |
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| BigBuiki- Ikrnuu Repairs | |||||||||
| BigBeld - Mrnring localion ofTeens | |||||||||
| liig Build - pskant Has Courtymd | 8 Room 2return | ||||||||
| BU Buifd - Organ | |||||||||
| Ctmrchyard Pro)run |
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| JcbRstsndon Schema HBCCOVIDSupped |
1.574 | ||||||||
| TOTAL FUNDS | |||||||||
| 2021~nst lntnmmsnt | In | funds Ns ssfosowm | |||||||
| Trsnamr | |||||||||
| mcomlng | Rescmrcss | besssen | Gains snd | Mcnmnmnt | |||||
| msollfces | e imtlcnld | nmds | kwsss | Innmds | |||||
| 2 | 2 | 2 | 2 | ||||||
| Utl sstflcnrd funds | |||||||||
| Gernral fund | 220,274 | (218.084) | (3,638) | (82) | (1,530) | ||||
| Mundsy legacy | |||||||||
| INafltclsd Fuluis | |||||||||
| Ramous discreuonmy tund |
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| Roof Fund | |||||||||
| Organ | |||||||||
| Big Buikl - BBCMain Fund | 18,640 | ||||||||
| Vestry | |||||||||
| Vestments Fund |
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| youth Ctubrgunday Club |
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| Dr Dankest Msmonal Garden | |||||||||
| Ball Turns Loruree | |||||||||
| Church Access (North Tranmpt | Project) | ||||||||
| Ds Scrutator Hall PA5Lighgng Enn'pmant |
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| Wast Wiruioe Rspurr | {12,386) | ||||||||
| Patrcnal Banner | |||||||||
| Nub Sesdsrl'AT | 310 | (08) | |||||||
| Tom's Scribbings | 1,145 | (805) | |||||||
| Young Rropls and Famnss Big BraTd" Technology Fund |
Fund | 3,180 7.086 |
(1,050) (0,840) |
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| fyig Buikl -West Eml Toilet Big Build -Church Memedsl |
Ssahng | 21,703 18,438 |
{5,M5) | ||||||
| fgg Buikl - North Stmes'\ Churchlnlds BU Build- Chmchnskb 2 |
repairs | (7,776) | |||||||
| fgg Buitd -Chwclsanl Redcwurcfurnm Bukd- Panmt Repairs |
{736) (688) |
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| fgg Bdkl - Moving location of Tomb Mg Braid -pesmu Hni Cocutymd 8 |
Room 2rehrrb | ||||||||
| Big Br(50—Orgurr Comrmckcn JcbRetention Schema |
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| IIBCCOlflD SUPPort | |||||||||
| Big Bugs- Bust Accussrbb | Enrnmos | ||||||||
| (gmmhymd project |
570 |
| THE PAROCHIAL CHURCH CGUNCL OFTHE ECCLESIASTTCAL PARISH GFSTFAITH, SAVANT | ||
|---|---|---|
| NOTES TGTHE RNANCIALSTA~ | ||
| FOR THE YEARENDEDStDECEMBER2622 | ||
| ifL | MOVEMENT GFFUNDS contimad. .. | |
| Organ | ||
| The Organ Fund isIcrda wfurbishmsnt cfgw Church Organ. BigBugd CsmpfdfM Ths Sig Build~8ths capital~setcpmcarer capital ccats serum dw Parish. tfsstry The Vesfry Fund 8tor Ihe~et6m Chmch Vesby |
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| Ths Vssimsrts Fraid ishagw nmtscefmnt ofVestments and Attw Lkwn. |
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| DrOewhursl Mssmwsl Gwden Tlw Dr Dserhurst Memorial Garden fund islc uw cribs cusl af~and snprmemenls tn ths~lgwden. |
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| SsgTower Lafnnes Ths BslT~ Lmwws ssqmw fapiirs dus io~wear and wsr Fundkfg has cams fmm Hampthse County Cminfdf Ward Members Paacods~s |
and | |
| Church Access (Nmth Transept prajscti Tfm6afiexpefisaa paipct, pnmsriiy to Iinpfit/8 access toths ctsifch,~cw vewfy arid have nsw ghws dome. |
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| The Pagsnt Cares dsffuflmm hss teen funded. Hag PA 6Uglaing Equipmsnt Ths Hal is mcreesingly been used as 8 lire events venue hence tha need forsni~ pA snd figtwng. We have again bssn foftunms |
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| io rscsiwr tunfhU knm HCC Ward bbmbem. |
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| Endnwmsnt Funda Ciwrchlelds Sculh Stmet Trash A rasuicwd tmttwtuch mtmes m No Iand Nn 2Churchfistds aml Wnd surmunding ttwm. The pmperly wat endowed tc dw parish an the basis that ilcauli la used by the parish or mkb but itsaki ihs~must bs uwssunt toprof ktfi an muara tn the pansh. Moll of the endowment remsNs twd up inss prcpsd'ws, winch congmw to be used by the parish ss mrsatse ~kn. A cash sum, presumably from ths safe of part ctSs propwty in the psst w uaesisd~gw Diocese under |
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| Diocesan Trust Ledger Number: saaat | ||
| af sxilti stfa8L' Tiffs It 8msllicsid tmst Iumt cofnpflMlg a suiii of inoneif scffufwd tfcfii ths saki ot 5T south s!feet, vl twc psiceh. Av |
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| a ccnd@on otths endowfnwd oflhe pfcfwny togw psrivit tunds fmm that side wats fefsfved tohe mveswd by ga parish ioprie ide sn |
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| income to sw parish. Diocesan Trust Ledger Numberri 26o2o snd 26c21 |
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| Boyd.fbchardson: TNs w 8 rsstncted fund, arising out ol an endcvnfant. Under ths wrms ol the endowrranl, tta funds are used to |
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| Uiraiahi en income ka dw pafhft or may be used tawwds the fsfndww cfsncths pmpwty. Diocesan Tmst Ledger Number: 26220 Monday legacy: This isa histofw fund Nn mlormslsn a kmnm about ils origin fdssm'te s mach of~srchees). Diocesan |
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| Tinct tadgsf Nuinbaf: 26621 | ||
| St Faiih's Hall: Tlm wss 8designcbd tunfL esfsNalwd by lw FCC many yearn ago, for tta kmg wnn repas reads of St Fain's Hsl fttm mdbd aw palant cenbsl Ths vskw of dw hmd wss depknsd w cern during 2ma, tc~ to ths cosa of nwja rfd~ to Sl Ffdth's HalL inakding ths isfuftmlsmm cflhs hal kitchea snit swan~inslslfahnns. Tta separsle COIF |
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| accours prevwusiy ccnmffdng tham funfh hst been cbsed. |
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| aectcris 6ccsdonsm fuml Pnii'vfes igact isisf iothose affected by Cinfefty, vidsiidueffy ofdiaiIUk cftfw local~. |
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| Pllwoiud Swlfrer | ||
| 6mslcnabn pmjsct forthe tahoe cilhe patmnti banner. |