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)||| |---|---|---|---|---|---| |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)||| |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||| ||A subsidiary
bank account
is held at Lloyds Bank, for ease of payments.||||| |Independent
Examiner:|P J Underwood,|Morris Crocker, Chartered
Accountants,|||| ||Station House, North Street, Havant,
Hants, PO9 1QU||||| |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|| |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|||| |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| ||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|||||||||| ||Dividends
and intelsat|||||||||| ||Property
rent|||||||||| |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||||||||| |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|| ||- 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|| |||||||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||||||||| |South Street Trust||||||||| |yd-Richar|dson
Trust|||||||| |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||||| |West Window R.pair||||||| |Utds Lambs Giroup||||||| |Tam's Scribblings||||||| |Ysung People snd Families Fund||||||| |BU Buikl. Tsdrrmfogy
Furst||||||| |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||| |Big Build - Churchyard
Rsrbv slapment||||||| |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)|||| |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||||||| |Big Build - Church Rool||||||| |Organ
Big Build - BBCMrfn Fumf||||||| |Vsssy||||||| |Vestments
Fuml||||||| |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|||||||||| |---|---|---|---|---|---|---|---|---|---| |Big Bukd - Wesri Brul Taint
BigBuNd - Church Msmmisl Sealing
BigBuikl - North Sfresry'I
Churchtbida
BigBund-~2||||repairs|||||| |BigBusd - Chucctgerd
Radcwelcpmsni|||||||||| |BigBuiki- Ikrnuu Repairs|||||||||| |BigBeld - Mrnring localion ofTeens|||||||||| |liig Build - pskant Has Courtymd||8 Room 2return|||||||| |BU Buifd - Organ|||||||||| |Ctmrchyard
Pro)run|||||||||| |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|||||||||| |Roof Fund|||||||||| |Organ|||||||||| |Big Buikl - BBCMain Fund|||||18,640||||| |Vestry|||||||||| |Vestments
Fund|||||||||| |youth Ctubrgunday
Club|||||||||| |Dr Dankest Msmonal Garden|||||||||| |Ball Turns Loruree|||||||||| |Church Access (North Tranmpt||Project)|||||||| |Ds Scrutator
Hall PA5Lighgng Enn'pmant|||||||||| |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)|||| |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)|||| |fgg Bdkl - Moving location of Tomb
Mg Braid -pesmu Hni Cocutymd 8|||Room 2rehrrb||||||| |Big Br(50—Orgurr
Comrmckcn JcbRetention Schema|||||||||| |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|| ||Ths Vssimsrts Fraid ishagw nmtscefmnt
ofVestments
and Attw Lkwn.|| ||DrOewhursl
Mssmwsl Gwden
Tlw Dr Dserhurst
Memorial Garden fund islc uw cribs cusl af~and snprmemenls
tn ths~lgwden.|| ||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.|| ||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|| ||io rscsiwr tunfhU
knm HCC Ward bbmbem.|| ||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|| ||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|| ||a ccnd@on otths endowfnwd
oflhe pfcfwny togw psrivit tunds
fmm that side wats fefsfved tohe mveswd
by ga parish ioprie ide sn|| ||income to sw parish.
Diocesan Trust Ledger Numberri
26o2o snd 26c21|| ||Boyd.fbchardson:
TNs w 8 rsstncted
fund, arising
out ol an endcvnfant.
Under ths wrms ol the endowrranl,
tta funds are used to|| ||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|| ||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|| ||accours prevwusiy
ccnmffdng tham
funfh hst been cbsed.|| ||aectcris 6ccsdonsm fuml
Pnii'vfes igact isisf iothose affected by Cinfefty,
vidsiidueffy ofdiaiIUk cftfw local~.|| ||Pllwoiud Swlfrer|| ||6mslcnabn
pmjsct forthe tahoe cilhe patmnti banner.|| ##