St Bartholomew’s Church Annual Report and Accounts 2023 The Ecclesiastical Parish of St Bartholomew, Brighton in the Diocese of Chichester Charity Registration Number 1129911 ## **The Parochial Church Council of St Bartholomew’s Church, Brighton** |
_Table of contents_|_Page Number_
| |---|---| |
Trustees’ Report|3
| |
Statement of Financial Actvites|7
| |
Balance Sheet|8
| |
Notes to the Financial Statements|9
| |
Independent Examiner’s Report|16
| Website: www.stbartholomewsbrighton.org.uk Incumbent: Father Benjamin Eadon CMP The Clergy House, 9 Russell Place, Brighton BN1 2RG Independent Colin Young BA, FCA examiner: Galloways Accounting, Atlas Chambers, 33 West Street, Brighton, BN1 2QE Bankers: Lloyds Bank, Brighton Branch PO Box 1000, BX1 1LT Barclays Bank, Leicester, LE97 2BB 2 ## **Parochial Church Council of St Bartholomew, Ann Street, Brighton, BN1 4GP Registered Charity no. 1129911** ## **Trustees’ Annual Report and Financial Statements for the year ending 31 December 2023** ______________________________________________________________________________________________ ## **Our aims and purposes as a charity** St Bartholomew’s Parochial Church Council (PCC) has the responsibility of cooperating with the Vicar, Fr Benjamin Eadon, in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. The PCC is also specifically responsible for the maintenance of St Bartholomew’s Church. ## **What we planned to do to achieve our charitable objectives** When planning our activities for the year, the PCC considered the Charity Commission’s guidance on public benefit and, in particular, the specific guidance on ‘charities for the advancement of religion’. The council has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016, fully recognising its duty to have due regard to House of Bishops' guidance on safeguarding children and vulnerable adults. For 2023 we discussed and planned the following objectives and activities to fulfil our aims: - Enabling as many people as possible to worship at our church - Enabling as many people as possible to become part of our parish community - Teaching, baptising and nurturing new and existing believers - Maintaining an overview of worship throughout the parish - Putting faith into practice, through prayer and scripture, music and sacrament - Offering worship and prayer - Promoting the gospel and assisting people from all walks of life to find life in Jesus Christ - Providing pastoral care for people living in the parish - Providing assistance to the poor and needy of the parish - Giving in accordance with our charitable objectives - Reaching out to the wider community - Maintaining the fabric of the church as a place of worship and for the community to access. ## **What we achieved and how we affected beneficiaries’ lives** ## _**Attendance at worship and private prayer**_ The church family welcomes visitors from within as well as outside the parish boundary. Visitors attend by personal choice and it is our great pleasure to welcome anyone from all walks of life to take part in the life of the church. We contend that voluntary attendance to worship the Lord Jesus Christ is a major demonstration of the public benefit of our activities. Our regular pattern of public worship continues. We have seen an increase again in attendance at our Sunday Mass as well as across the weekday Masses and at major feasts. We have been able to welcome a number of new 3 people and seen an increase in the number of our ‘worshipping community.’ Being open for casual visitors during the week remains a significant part of our mission and the numbers of people visiting for private prayer remain steady. St Bartholomew’s CofE Primary School continues to visit church regularly (normally twice every half term) and the clergy continue to visit school regularly to lead collective worship and we look at ways to encourage the deepening of faith for all ages. Our Director of Music continues to play a prominent role in school worship both in church and school. Lent and Easter was a busy time in which we had a Lent Course, weekly Stations of the Cross and the usual Holy Week liturgies. Christmas is a very special time of celebration where many sections of the community come together to join in the services. Children and adults alike join in and memories are made. Over the course of our carol service and other Christmas services we saw over 800 people join us. Other significant liturgical events included our Patronal Festival and hosting a Walsingham Festival for the Diocese. All were beautiful occasions and it was good to welcome so many people at them. ## _**Teaching, baptising and nurturing new and existing believers**_ In 2023 the clergy took 2 funerals. 12 people were baptised and/or confirmed. A group of us went on pilgrimage to Walsingham as part of the Wagner Group which was a valuable time of prayer and fellowship. It gave people the opportunity to learn more about living life as a Christian, to socialise, get to know people at a deeper level, share experiences, and spend leisure time and meals together. ## _**Evangelism and outreach**_ Links with the church school continue to grow and flourish. Representation of church members on the governing body has increased and continues to fill the roles of both Chairman and Vice-chairman. The PCC remains committed to supporting the life of the school in any way we can. Working together on the provision of a foodbank which supports school families and people who visit church continues. Significant support has also been given by church members as proposals to close the school were published in November. The mission action plan continues to be implemented and helps shape our planning and our activities. The textiles group continues to meet twice a month. We also had a series of services aimed especially at young families. A Rosary group and book study group for young adults began in the autumn. ## _**Provision of the church building and church hall for people to enjoy**_ Our church continues to be appreciated by our parishioners, and many others, as a space where life events are celebrated with joy and thanksgiving. In 2023 improvements and maintenance included work on the boilers, removal of some graffiti, the creation of a heritage asset inventory, improvements to the sound system and work began on repairing the window which was damaged by storm in 2021. In addition to worship, the church building is used for other occasions such as concerts, fayres, social events and community group meetings. It is also important to us that the church is available for private prayer not just to the church family but to the wider visiting community. To this end the church building is open most days of the year and visitors come in to pray, to light candles, to have a look around, and for peaceful respite. ## _**Provision of pastoral care for people living in the parish**_ The clergy are responsible for visits to the sick and housebound and the Sacrament is regularly taken to those who are housebound and to people during stays in hospital. ## _**Provision of tangible support to the poor and needy and charitable giving**_ We work together with the school providing a foodbank. Support has also been given in other ways to people who present with material need at church or are in a state of anxiety. We continue to subsidise certain community groups to make use of the church and in some cases offer free use for charitable causes. 10% of Christmas Service collections were divided between Justlife Foundation and Family Support Work and church members continue personally to support local charities and community initiatives through volunteering and donations. 4 _**Financial Review**_ The total receipts within the Unrestricted Fund amounted to £131,751 compared with £119,887 in the previous year and are detailed in the Income and Endowments note 2 of the following accounts. Planned giving showed an increase to £24,535 compared with last year’s £17,743, as a result of a stewardship initiative in 2022. Other nonregular donations including capital gifts, collecting boxes in the church and contactless giving came to £16,081 compared with £29,734 in 2022. Gift Aid tax rebates amounted to £9,258 (£9,957 in 2022). It is important for donors complete Gift Aid declarations if they pay sufficient income tax since the church benefits from an extra 25% of their gifts from HMRC (Charities) . Our income from letting the church for various events came to £16,333 during the year, falling back from £22,278 in 2022. Outgoing unrestricted costs came to £147,649 during the year, compared with £126,633 in 2022. One of the principal ingredients of these costs is the diocesan parish contribution of £39,400. This covers Parish Ministry Costs which include ministers’ stipends and pension costs, ministerial training, diocesan administration, maintenance of vicarages, and national church contribution. This was reduced from £43,973 in 2022. As from May this year, our contribution has been reduced to 50% of the total ministry costs for a stipended ministry parish due to the fact that these costs are now shared 50/50 with St Paul’s. Two other key outgoing costs were £52,959 on general and building maintenance (£31,025 in 2022) and gas, electricity and water £13,603 (£13,660 in 2022). A substantial part of the maintenance in the year, some £33,283, was recovered by storm damage insurance claims recorded under incoming resources in the financial statements. We have been very fortunate to have had a very cheap fixed-term contract for gas during the last three years when gas costs have been soaring but as this contract came to an end at the end of the year, gas costs will increase substantially in 2024. Church insurance now has to be paid directly by parishes rather than an inclusive charge within Parish Ministry Costs. The 2023 cost was £6,648 (£6,044 in 2022). The total of our Unrestricted Fund reduced from £226,471 at the start of the year to £210,573 at the 31st December. Moneys that we hold for specific purposes are maintained in various Restricted Funds totalling £262,319 at the 31st December. Details of the sums held in these funds are set out in Note 11 to the Financial Statements with a summary of the purpose of each fund explained in Note 12. ## _**Reserves policy**_ It is PCC policy to maintain a balance on free reserves (net current assets) which equates to at least three months unrestricted payments. In view of the capital sum that we now hold in the Unrestricted Fund, this requirement is more than adequately met. It is our policy to keep most of our funds in the COIF Charities Deposit Account. The capital in the Lady Chapel and the Trumpets & Drums Restricted Funds is invested in CBF Church of England investment shares and a proportion of The Patterson Fund in COIF Charities Investment Fund and M&G Charifund. 5 ## **Structure, governance and management of the charity** The Parochial Church Council (PCC) is registered with the Charity Commission as required by the Charities Act 2011. Its governing document is the Parochial Church Councils (Powers) Measure 1956. The method of appointment of PCC members is set out in the Church Representation Rules. At St. Bartholomew’s the membership of the PCC consists of the vicar, assistant clergy, churchwardens, Deanery and General Synod representatives, and members elected by those members of the congregation who are on the electoral roll of the church. All those who attend our services / members of the congregation are encouraged to register on the electoral roll and stand for election to the PCC. The PCC members are responsible for making decisions on all matters of general concern and importance to the parish including deciding on how the funds of the PCC are to be spent. New members receive initial training into the workings of the PCC. We try to ensure a balance of skills and experience where possible. The full PCC met six times during the year to discuss relevant matters and make appropriate decisions. During the year the following served as members of the Parochial Church Council: ## _Ex Officio members_ |_Ex Officio members_||| |---|---|---| |_Vicar_|Fr Benjamin Eadon|Chairman| |_Associate Vicar_|Fr Nick Archer (until March 2023)|| |_Assistant Curate_|Fr Thomas Cotterill|| |_Wardens_|Helen Barnett|| ||Sheila Rawlings|Vice Chairman| |_Elected Members_|Bob Devey (until April 2023)|| ||John Spink (until April 2023)|| ||Gill Bonner|| ||Derek Barnes|Treasurer| ||Mary Nixon|| ||Jane Blair|Secretary (from June 2023)| ||Mike Hedgethorne|| ||Chris Tullett|| ||Tony Firmin (from April 2023)|| ||Marren Hager (from April 2023)|| ||Ray Jewell|| |_Co-opted Members_|Alex Munn (from May 2023)|| ||Jack Parsons (from November 2023)|| |_Deanery Synod_|Helen Barnett|| ||Elaine Daniel (until April 2023)|| ||Ayisha Bari|Electoral Roll Officer| ||Joanna Sutherland-Young (From April|2023)| |_Diocesan Synod_|Ben Scott (until June 2023)|Secretary (until June 2023)| This Trustees’ Annual Report was approved by the PCC and signed on their behalf by Fr Benjamin Eadon, PCC Chairman on 30 January 2024: 6 ## **St Bartholomew’s Church, Brighton** _registered charity number 1129911_ ## **Statement of Financial Activities** |||Unrestricted|Restricted|Endowment|Total Funds|| |---|---|---|---|---|---|---| |||Funds|Funds|Funds|**2023**|2022| ||Note|£|£|£|**£**|£| |**Incoming resources**||||||| |Donatons and legacies|2a|66,094.11|1,079.92|-|**67,174.03**|84,591.95| |Charitable actvites|2b|656.00|-|-|**656.00**|902.00| |Other trading actvites|2c|49,753.97|-|-|**49,753.97**|27,774.13| |Investments|2d|15,247.09|10,737.15|-|**25,984.24**|17,541.20| |Other receipts|2e|-|5,491.00|-|**5,491.00**|10,575.00| |**Total incoming resources**||131,751.17|17,308.07|-|**149,059.24**|141,384.28| |**Resources expended**||||||| |Cost of raising funds|3a|-|-|-|**-**|-| |Cost of charitable actvites|3b|147,059.93|30,102.94|-|**177,162.87**|153,538.37| |Cost of other trading actvites|3c|589.30|-|-|**589.30**|2,755.83| |**Total resources expended**||147,649.23|30,102.94|-|**177,752.17**|156,294.20| |Transfers between funds||-||-|**-**|-| |**Net incoming/(outgoing) resources**||(15,898.06)|(12,794.87)|-|**(28,692.93)**|(14,909.92)| |Other recognised gains/(losses):||||||| |on revaluaton of fxed assets||-|-|-|**-**|-| |on investment assets||-|7,175.41|5,209.38|**12,384.79**|(35,790.30)| |**Net movement in funds**||(15,898.06)|(5,619.46)|5,209.38|**(16,308.14)**|(50,700.22)| |Total funds brought forward||||||| |at 1 January 2023||226,471.49|267,939.08|172,974.51|**667,385.08**|718,085.30| |**Total funds carried forward**||||||| |**at 31 December 2023**||210,573.43|262,319.62|178,183.89|**651,076.94**|667,385.08| 7 ## **St Bartholomew’s Church, Brighton** _registered charity number 1129911_ ## **Balance Sheet at 31 December 2023** |Notes
**Fixed assets**
Tangible fxed assets
6
Investments
7
**Total fxed assets**
**Current assets**
Stock
**-**
Debtors
9
**29,310.79**
Moneys on loan
**-**
Short term deposits
**240,994.08**
Cash at bank and in hand
**17,422.97 **
**287,727.84**
Creditors: amounts falling due within one year
10
**(2,058.97)**
**Net current assets**
**Total assets less current liabilites**
Creditors: amounts falling due afer one year
10
**TOTAL NET ASSETS**
**Funds**
8
Endowment funds
11
Restricted funds
11
Unrestricted funds
11|**2023**
£
**10,346.08**
**355,061.99**

**365,408.07**
**285,668.87**

**651,076.94**
**-**
**651,076.94**
178,183.89
262,319.62
210,573.43
651,076.94|2022
£
-
342,677.20
342,677.20
-
5,560.43
-
284,372.91
37,307.62
327,240.96
2,533.08
324,707.88
667,385.08
-
667,385.08
172,974.51
267,939.08
226,471.49
667,385.08| |---|---|---| Approved by the Parochial Church Council on 30 January 2024 and signed on its behalf by Fr Benjamin Eadon, PCC Chairman The accompanying notes form part of these financial statements. 8 **St Bartholomew’s Church, Brighton** _registered charity number 1129911_ **Notes to the financial statements for the year ended 31 December 2023** ## **1. Accounting policies** ## **Basis of preparation** The PCC is a public benefit entity within the meaning of FRS102. The financial statements have been prepared under the Charities Act 2011 and the Church Accounting Regulations 2006, in accordance with applicable accounting standards and the current (2016) Statement Of Recommended Practice, Accounting and Reporting by Charities, (SORP (FRS 102)). The financial statements have been prepared under the historical cost convention as modified by the inclusion of investments at market value. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their affiliation to another body, nor those which are informal gatherings of church members. ## **Funds accounting** Funds held by the PCC are: _Unrestricted funds_ - general funds which can be used for PCC ordinary purposes _Restricted funds_ - a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest; b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of the year is carried forward as a balance on that fund. _Endowment funds_ - funds for which the capital must be maintained; only income arising from the investment of the endowment may be used, either as restricted or unrestricted funds, depending on the purpose set out in the terms of the original endowment. ## **Income and endowments** All income and endowments, accounted for without deduction for any costs of receivability, are recognised when there is evidence of entitlement, receipt is probable, and the amount can be measured reliably ## **Donations and legacies** _Collections_ are recognised when received. _Planned giving receivable_ is recognised when there is evidence of entitlement, receipt is probable, and the amount accords with the Gift Aid declaration or other record of intention to donate. _Gift aid recovered_ is recognised when the income to which it is attached is recognised. _Grants and legacies_ are recognised when the formal offer in writing of the funding, is received by the PCC. ## **Charitable activities** Statutory fees for weddings and funerals are recognised when the office occurs. 9 ## **Other trading activities** These are nominal costs relating to hiring the church for concerts and are recognised when paid. ## **Investment income** Dividends are accounted for when due and payable. Interest entitlements are accounted for as they accrue. ## **All other income** All other income is recognised in accordance with the above overall policy. ## **Gains and losses on investments** Realised gains are recognised when the investments are sold. Unrealised gains and losses are accounted for on revaluation at 31 December. ## **Expenditure** Expenditure is recognised when there is evidence of entitlement, payment is probable, and the amount can be measured reliably. ## **Grants** Grants and donations are accounted for when paid over, or when awarded where the award creates a binding obligation on the PCC. ## **Church activities** The diocesan parish contribution is accounted for on an annual basis, reflecting the allocation set by our Deanery. Any parish contribution unpaid at 31 December is provided for in these accounts as an operational (though not a legal) liability and is shown as a creditor in the balance sheet. ## **Fixed assets** ## _Tangible fixed assets_ Consecrated and beneficed property of any kind is excluded from the accounts by s.10(2) of the Charities Act 2011. Movable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal, are accounted as inalienable property unless consecrated. They are listed in the church's inventory which can be inspected but are not included in the financial statements. For other property acquired prior to 1 January 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements. All expenditure on consecrated or beneficed buildings and individual items costing under £1,000 are written off in the year they were incurred. ## **Operating leases** Rentals due under operating leases (for our church photocopier) are charged to profit or loss on a straight line basis over the period of the lease. 10 **St Bartholomew’s Church, Brighton** _registered charity number 1129911_ ## **2. Income and endowments** |**Incoming resources**||||||| |---|---|---|---|---|---|---| ||Unrestricted|Restricted|Endowment|Total Funds||| ||Funds|Funds|Funds|**2023**|2022|| ||£|£|£|**£**|£|| |Planned giving (excl tax refunds)|23,490.48|-|-|**23,490.48**|17,743.00|| |Planned giving (no tax refunds)|1,045.00|-|-|**1,045.00**|-|| |Loose cash collectons|6,410.83|-|-|**6,410.83**|5,720.26|| |Other donatons / boxes|15,160.54|921.13|-|**16,081.67**|29,734.77|| |Gif Aid recovered|9,099.60|158.79|-|**9,258.39**|9,957.95|| |Legacies|-|-|-|**-**|20,000.00|| |Grants|10,887.66|-|-|**10,887.66**|1,435.97|| |2a Donatons and legacies|66,094.11|1,079.92|-|**67,174.03**|84,591.95|| |Fees for weddings & funerals|656.00|-|-|**656.00**|902.00|| |2b Charitable actvites|656.00|-|-|**656.00**|902.00|| |Cofee and refreshments|80.33|-|-|**80.33**|**70.86**|| |Rafes|57.00|-|-|**57.00**|**-**|| |Church letngs|16,333.37|-|-|**16,333.37**|**22,278.27**|| |Insurance claims|33,283.27|-|-|**33,283.27**|5,425.00|| |2cOthertrading actvites|49,753.97|-|-|**49,753.97 **|27,774.13|| |Investment dividends|5,733.79|8,303.96|-|**14,037.75**|13,869.45|| |Bank & COIF deposit interest|9,513.30|2,433.19|-|**11,946.49**|3,671.75|| |2d Investments|15,247.09|10,737.15|-|25,984.24|17,541.20|| |Other receipts|-|5,491.00|-|**5,491.00**|10,575.00|| |2e Other receipts|-|5,491.00|-|**5,491.00**|10,575.00|| |||||||| |TOTAL INCOMING RESOURCES|131,751.17|17,308.07|-|**149,059.24**|141,384.28|| 11 **St Bartholomew’s Church, Brighton** _registered charity number 1129911_ ## **3. Expenditure** |**3. Expenditure**|||||| |---|---|---|---|---|---| |**Resources expended**|||||| ||Unrestricted|Restricted|Endowment|Total Funds|| ||Funds|Funds|Funds|**2023**|2022| ||£|£|£|**£**|£| |Stewardship costs|-|-|-|**-**|-| |3a**Cost of raising funds**|**-**|**-**|**-**|**-**|-| |Charitable grants and donatons|612.15|1,064.75|-|**1,676.90**|7,442.94| |Diocesan parish contributon|39,400.00|-|-|**39,400.00**|43,973.00| |Salaries and honoraria|6,666.62|18,186.29|-|**24,852.91**|22,184.91| |Parochial ministry costs|2,114.40|-|-|**2,114.40**|3,172.27| |Vicarage council tax and water|3,658.26|-|-|**3,658.26**|3,699.05| |Water, Gas, Electricity|13,602.59|-|-|**13,602.59**|13,659.89| |Printng and photocopying|2,605.19|-|-|**2,605.19**|2,567.26| |Other regular church running costs|14,214.27|-|-|**14,214.27**|5,653.46| |Church maintenance|52,768.85|190.00|-|**52,958.85**|31,025.31| |Upkeep of services|3,140.58|10,661.90|-|**13,802.48**|12,888.72| |Examiner's fee|1,380.00|-|-|**1,380.00**|1,068.00| |Church insurance|6,647.99|-||**6,647.99**|6,043.59| |Bank charges|151.75|||**151.75**|159.97| |Depreciaton|97.28|||**97.28**|-| |3b**Cost of charitable actvites**|**147,059.93**|**30,102.94**|**-**|**177,162.87**|153,538.37| |Concert costs|589.30|-||**589.30**|2,755.83| |||||**-**|| |||||**-**|| |3c**Cost of other trading actvites**|**589.30**|**-**|**-**|**589.30**|2,755.83| TOTAL RESOURCES EXPENDED 147,649.23 30,102.94 - 177,752.17 156,294.20 12 **St Bartholomew’s Church, Brighton** _registered charity number 1129911_ ## **4. Staff Costs and reimbursements to PCC members** Fees paid during the year: - a. A total of £24,852.91 to organists, singers and parish administrator - Average number of employees 2 - No employee received total benefits of more than £60,000. - b. Payments to PCC members: (a) £3,215.82 to six members for reimbursement of purchases of goods and materials - for church use, (b) £1,447.15 to the vicar and the assistant curate in reimbursement of their expenses of office. ## **Related parties** We received charitable donations and giving amounting to £15,065.54 during the year from trustees and related parties. ## **5.Transfers between funds** There have been no transfers between funds. ## **6. Tangible fixed assets** A new sound system, installed in November 2023, is being depreciated over 10 years by one tenth of the original cost per annum (pro-rata in 2023). Cost £10,443.36 Depreciation £97.28 31 Dec Book value £10,346.08 ## **7. Investments** |Market value at 1 January 2023
Disposals during the year
Purchases at cost
Net gains/(losses) on revaluaton
**Market value at 31 December 2023**|£
342,677.20
-
-
12,384.79
**355,061.99**| |---|---| ## **8. Analysis of net assets by fund** |Fixed assets for church use
Investment fxed assets
Current assets at bank and on deposit
Other current assets
Current liabilites
Long term liabilites|Unrestricted
Restricted
Endowment
**Total funds**
Funds
Funds
Funds
**2023**
£
£
£
**£**
10,346.08
-
-
**10,346.08**
-
176,878.10
178,183.89
**355,061.99**
173,343.07
85,073.98
-
**258,417.05**
28,943.25
367.54
-
**29,310.79**
(2,058.97)
-
-
**(2,058.97)**
-
-
-
**-**
**210,573.43**
**262,319.62 **
**178,183.89**
**651,076.94 **| |---|---| ## **9. Debtors** |Income tax recoverable
Insurance claim
COIF Deposit Accounts interest due
Church letngs
Council tax paid in advance|**2023**
2022
**£**
£
**1,598.22**
2,015.47
**26,323.27**
-
**1,054.82**
729.50
-
2,500.00
**334.48**
315.46
**29,310.79**
**5,560.43**| |---|---| 13 ## **St Bartholomew’s Church, Brighton** _registered charity number 1129911_ ## **10. Creditors** |**Amounts falling due within one year**
Accruals for gas and electricity utlites
Vicarage council tax
**Amounts falling due afer more than one year**
There are no creditors more than one year|**2023**
2022
**£**
£
**2,058.97**
2,533.08
**-**
-
**-**
-
**2,058.97**
2,533.08
**2023**
2022
**£**
£
**-**
-
**-**
-| |---|---| ## **11. Statement of Funds** |**Unrestricted Fund**
General fund
**Restricted Fund**
Flowers Fund
Christmas Gifs income
Neville Trust income
Kelly Charity income
Lady Chapel Fund (Income)
Lady Chapel Fund (Capital)
Trumpets & Drums (Capital)
Trumpets & Drums (Income)
Lace Albs
The Paterson Fund
Organ Fund
Walsingham Pilgrimage
Vicar's Discretonary Fund
**Endowment Fund**
Shaw Bequest
Pegram Legacy
Christmas Gifs Fund
Neville Trust for the Poor
Kelly Charity
**Total funds**|Bal b/fwd
Income
Expenditure
Transfers,
**Bal c/fwd**
1 Jan 2023
other gains
**31 Dec 2023**
and losses
£
£
£
£
**£**
226,471.49
131,751.17
(147,649.23)
-
**210,573.43**
226,471.49
131,751.17
(147,649.23)
-
**210,573.43**
196.08
234.92
(431.00)
-
**-**
11,047.21
528.93
-
-
**11,576.14**
9,580.50
589.48
(654.75)
-
**9,515.23**
243.86
27.25
-
-
**271.11**
5,731.57
357.15
-
-
**6,088.72**
11,942.29
-
-
1,123.57
**13,065.86**
16,827.68
-
-
1,583.21
**18,410.89**
1,284.83
503.26
(375.00)
-
**1,413.09**
2,000.00
-
(2,000.00)
-
**-**
201,978.20
8,731.08
(20,651.19)
4,468.63
**194,526.72**
6,936.28
-
(190.00)
-
**6,746.28**
(320.00)
5,491.00
(5,391.00)
-
**(220.00)**
490.58
845.00
(410.00)
-
**925.58**
267,939.08
17,308.07
(30,102.94)
7,175.41
**262,319.62 **
131,779.05
-
-
1,491.06
**133,270.11**
2,935.31
-
-
163.79
**3,099.10**
17,686.16
-
-
1,663.98
**19,350.14**
19,665.24
-
-
1,807.05
**21,472.29**
908.75
-
-
83.50
**992.25**
172,974.51
-
-
5,209.38
**178,183.89**
667,385.08
149,059.24
(177,752.17)
12,384.79
**651,076.94**| |---|---| **Total funds** 14 ## **St Bartholomew’s Church, Brighton** _registered charity number 1129911_ ## **12. Explanation of the Funds in note 11** _**Endowed funds**_ The Shaw and Pegram Funds are held by the Diocese as custodian trustee and provide an income from the underlying investments which is used towards the payment of our Parish Contribution. The Christmas Gifts Fund, Neville Trust for the Poor and Kelly Charity represent moneys bequeathed to St Bartholomew’s very many years ago to provide income for discretionary charitable distribution. ## _**Restricted funds**_ The restricted funds open at the end of the year comprise The Christmas Gifts, Neville Trust and Kelly Charity hold the income streams from the capital investments described above. The Lady Chapel Fund, for the refurbishment of the little Lady Chapel. The Trumpets & Drums Fund provides income to defray the cost of relevant instrumentalists in our occasional orchestra. The Patterson Fund is a legacy left to be spent for the music and the vestments. The Organ Fund is a legacy left to be spent on the organ. Walsingham Pilgrimage holds moneys paid for annual Walsingham pilgrimages. Vicar’s Discretionary Fund to defray costs at the vicar’s discretion. _**Unrestricted funds** are not subject to any donor restrictions and can be spent as the PCC decides._ ## **13. Charitable gifts and donations** |_Our Lady of Wasingham Shrine_
_Justlife Foundaton_
_Family Support Work_
_DEC Turkey/Syria Appeal_
_Brighton&Hove City Mission Food Bank_
_Discretonary Grants_
_DEC Ukraine Appeal_|**Unrestricted**
**Restricted**
**Endowed**
**Total Funds**
_Total Funds_
**Fund**
**Fund/s**
**Fund/s**
**2023**
_2022_
£
£
£
**£**
_£_
366.15
**-**
**-**
**366.15**
_391.61_
65.00
-
-
**65.00**
_70.00_
65.00
-
-
**65.00**
_-_
116.00 -
-
**116.00**

-
-
-
**-**
_70.00_
-
1,064.75
**1,064.75**
_2,854.03_
-
-
-
**-**
_4,057.30_
**612.15**
**1,064.75**
**-**
**1,676.90**
_7,442.94_| |---|---| ## **14. Lease for church copier** Rentals due as at 31 December under the terms of the lease for the church photocopier: |Due within 1 year
Due over 1 year|**2023**
**2022**
269 1,074
269
269 1,343| |---|---| 15 ## **INDEPENDENT EXAMINER’S REPORT** ## **TO THE PCC OF ST BARTHOLOMEW BRIGHTON** This is my report to the Parochial Church Council (PCC) of the Ecclesiastical Parish of St Bartholomew, Brighton, on the annual report for the year ended 31st December 2023 set out on pages 7 to 15. ## **Respective responsibilities of trustees and examiner** The PCC members are responsible for the preparation of the annual reports. The PCC members consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed. It is my responsibility to: 1. examine the accounts under section 145 of the Charities Act, 2. to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145 (5)(b) of the Charities Act, and 3. to state whether particular matters have come to my attention. ## **Basis of independent examiner’s statement** My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. ## **Independent examiner's statement** In connection with my examination, no matter has come to my attention which gives me reasonable cause to believe that in, any material respect, the requirements: to keep accounting records in accordance with section 130 of the Charities Act; and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed Date 18/03/2024 Colin Young BA, FCA Institute of Chartered Accountants in England and Wales Galloways Accounting Atlas Chambers 33 West Street Brighton BN1 2RE 16