**PAROCHIAL CHURCH COUNCIL OF BISHOP HANNINGTON MEMORIAL CHURCH, HOVE** 

**ANNUAL REPORT AND FINANCIAL STATEMENTS OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2023 REGISTERED CHARITY No 1130527** 

**Bishop Hannington Memorial Church, Nevill Avenue, Hove, BN3 7NH** 

**Incumbent: The Revd Dr Nicholas Tucker** 

**Independent Examiner: Independent Examiners, Unit 2, The Broadbridge Business Centre, Delling Lane, Bosham, West Sussex. PO18 8NF** 

**Bankers: CAF Bank Ltd, West Malling, Kent Church of England Board of Finance Redwood Bank Shawbrook Bank Skipton Building Society** 



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## Table of Contents 

|**REPORT OF THE PCC FOR THE YEAR ENDED 31 DECEMBER 2023 (90TH ANNUAL REPORT)**|**3**|
|---|---|
|**OBJECTIVES AND ACTIVITIES - ACHIEVEMENTS AND PERFORMANCE**|**3**|
|**ADMINISTRATIVE INFORMATION**|**5**|
|**FINANCIAL REVIEW**|**7**|
|**ENVIRONMENTAL MATTERS**|**8**|
|**RISK MANAGEMENT**|**8**|
|**EXAMINER’S REPORT**|**10**|
|**STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDING 31 DECEMBER 2023**|**10**|
|**BALANCE SHEET AS AT 31 DECEMBER2023**|**12**|
|**CASH FLOW STATEMENT AT 31 DECEMBER 2023**|**13**|
|**ACCOUNTING POLICIES**|**14**|
|**NOTES TO THE ACCOUNTS FOR THE YEAR ENDING 31 DECEMBER 2023**|**15**|





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## Report of the PCC for the year ended 31 December 2023 (90th Annual Report) 

The Parish of Bishop Hannington Memorial Church, Hove comprises three congregations. It is part of the Diocese of Chichester within the Church of England, in the Archdeaconry of Brighton & Lewes and the Rural Deanery of Hove 

Bishop Hannington Memorial Church (BH) is situated on the corner of Nevill Avenue and Holmes Avenues, Hove 

Holy Cross Church is situated on Tamworth Road, Hove. 

Goldstone Church meets at Goldstone Primary School, Laburnum Avenue, Hove BN3 7JW. 

## Objectives and Activities - Achievements and Performance 

The primary objective of Bishop Hannington Memorial Church PCC is the proclamation of the Gospel of our Lord Jesus Christ according to the doctrines and practices of the Church of England. The PCC has the responsibility of co-operating with the incumbent in promoting the mission of the Church, in the parish and beyond. 

Our objectives were taken forward by the three individual congregations as follows: 

## Bishop Hannington Memorial Church 

BH’s Mission Statement is ‘Growing disciples of Christ in Brighton & Hove and for the world.’ As part of the Church of England, we are committed to glorifying God and therefore we want every member (of whatever age) to be passionate about prayer, Bible teaching, corporate worship, pastoral care, evangelism and mission. 

BH continued to operate through the year with Sunday and Thursday services as well as midweek meetings for various age groups, home group meetings, pastoral care, and mission support. Further information, beyond what is needed for this statutory report, will be found on our website. Our verse for 2023 was Revelation 1:8 “I am the Alpha and the Omega,” says the Lord God, “who is, and who was, and who is to come, the Almighty.” 

In line with our mission statement, we have developed a strategic vision for the next five years, which sets out targets for growth in four key areas: Prayer, Discipleship, Evangelism and Generosity. To resource this vision, we held a specific appeal in the Autumn, funds raised from which enable us to make key staff appointments in the coming year. 

Apart from that noted above some significant matters in the life of BH were: 

A number of enquirers’ groups ran through the year, these were well attended by a range of people, from those with no church background, to those looking to better understand and deepen their existing faith. 



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Growth in our Youth and Children’s ministry - including the development of a leader’s development programme amongst the older members of our youth groups and growing engagement with local schools. 

Engagement with the global church - we enjoyed a number of visits from our mission partners and a successful world mission focus week. Our vicar attended the Global Anglican Futures conference in Kigali, where we are supporting two ordinands through their training. A group of young people from KO (our youth group) took part in a mission trip to Basque region of Northern Spain, where they supported our mission partners there who were engaging with visitors to the Tour de France and pilgrims walking the Camino. 

As a congregation of the Church of England we recognise the significant challenges posed by the confusion and uncertainty arising from the proposed “Prayers of Love and Faith.”  We note the decline of ordinands entering training since 2020 (40%) that has accompanied the LLF/PLF process and the threat that poses to the future of ministry in CofE parishes. 

## Holy Cross Church 

Some standout features of the life of Holy Cross Church in 2023: 

- Our Sunday gatherings have sought to honour God and serve people. We had preaching series in Acts, Psalms, Exodus and Matthew. (Our Sunday school typically follows the preached passages.) 

- We have had the sadness of old friends leaving the church, and the pleasure of new people joining the church. 

- We have regular weekly and monthly church prayer meetings. (Attendance is a mixed report.) 

- We had monthly evangelism training in our adult evening small groups. 

- Five initiatives in particular sought to serve our outreach to local people: (1) Tuesday At Ten, the weekly daytime initiative for all local people. (T@T marked its first anniversary in September.); (2) Junior Jivers, a weekly song and action group with a Christian theme, for pre-schoolers and their adults; (3) Dadz N Kidz, a monthly group for under-11's and their (male) adults; (4) an Easter party; and (5) our Christmas programme. 

- In October we enjoyed a weekend away with teaching on union with Christ. 

- Financial pressures meant we expected to have to make one or two significant cutbacks. However, first God provided enough money to get us through to 2025, especially from Christians outside Holy Cross. And then, towards the end of the year, we received the exciting news of a significant legacy which ought to make a significant difference. 

- New in 2023 was regular social media promotion of a couple of aspects of our programme. 

## Goldstone Church 

This was the 32nd year of the Goldstone Church plant, the eighth full year with Simon James-Morse as Minister. The church continues to reach out to those in the parish. 



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- Sunday Services 

- Weekly services at Goldstone Primary School continue to build a Christian worshipping community. The congregation is growing spiritually, both personally and corporately, with the number of regular attenders increasing slightly especially among the deaf. 

- • Signs of Grace The monthly services for the deaf community continue to provide spiritual support to the deaf in the congregation, plus helping those learning British Sign Language (BSL). It promotes the desire to integrate deaf and hearing people. 

- Lindridge Care Home 

   - The weekly services at Lindridge provide a Christian witness in the community, provide the faith services required in the NHS Residential Home, as well as include regular social interactions with residents and staff. 

The Goldstone Church minister continues to be part of the NHS Voluntary Chaplaincy Team, assigned to Lindridge Care Home. 

## Administrative information 

Bishop Hannington Memorial Church (BH) is the Parish Church for the Ecclesiastical Parish of Bishop Hannington Memorial in the City of Brighton and Hove. The Parochial Church Council is a charity registered with the Charity Commission and has the registration number 1130527. The members of the Parochial Church Council (PCC) are its trustees. The PCC, which is the local representative body in the government of the Church of England, is a body corporate and its governing instrument is the Parochial Church Councils (Powers) Measure (1956) (as amended) and the Church Representation Rules. This report incorporates two other churches within the parish: Holy Cross and Goldstone. 

The Vicar, Assistant Clergy, Churchwardens, Holy Cross Wardens and members of the Deanery, Diocesan, or General Synods are _ex officio_ members. Other members are elected or appointed in accordance with the Church Representation Rules including nine members of the laity who are elected by members at the Annual Parochial Church Meeting (APCM). Church members are encouraged to stand for election to the PCC and we try to ensure a balance of skills and experience where possible. In addition, up to two others can be co-opted to membership. One of these coopted member’s places is reserved for a representative of the Goldstone Church. 

Correspondence for the PCC should be addressed to the PCC Secretary,[c] /o Church Office, Bishop Hannington Church, Nevill Avenue, Hove, BN3 7NH. 

During the year of 2023, the following served as members of the PCC and were trustees of the charity: 

Incumbent (Chair): The Rev Dr Nick Tucker Assistant Clergy: The Rev Dave Howarth, The Rev Ben Martin Licensed lay worker: Mrs Judith Bawtree Churchwardens: Mr Geoff Payne Ω, Mr Don Bawtree, Mr Nigel Sarjudeen* 



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Holy Cross Wardens None Diocesan Synod Representatives: Mrs Gillian Carr, Mrs Sue Slamo Deanery Synod Representatives: Mrs Gillian Carr, Mrs Jean Cowley Ω, Mr Bob OvertonHart, Mr David Payne, Mr Geoff Payne *, Mr Nigel Sarjudeen, Mr Jon Sharp*, Mrs Sue Slamo Elected Members: Mrs Fran Crosthwaite, Mr Trevor Cristin, Mrs Chris Dalton, Mrs Ali McCauley Ω, Mr John Marshall, Mr John Puttock, Mrs Phoebe Li*, Miss Sue Olive *, Mrs Jane Tanner, Mr Terry Sweetman, Mr Harold Turner Ω. Co-opted Members: Mr David Hughes Ω, Mr Simon James-Morse * _Ω Until May 2023 * From May 2023_ 

The Annual Parochial Council Meeting was held on 14[th] May. Each of the three churches in the Parish has a Committee which function as committees of the PCC. A key aspect of Governance is the agreement of their Terms of Reference which are agreed by the PCC at their first meeting after the APCM each year and which detail the limits of expenditure that can be authorised by those Bodies and describe any matters that are reserved to the PCC. 

This allows the PCC to focus on Parish and wider Church issues. 

The Bishop Hannington Committee consists of the elected members to the PCC who consider BH as their church, BH church Clergy, Churchwardens, Treasurer, and the Church Operations Manager(s) in attendance. 

Holy Cross Church Committee consists of the Minister, up to two deputy wardens if elected by Holy Cross, any diocesan or deanery synod representatives who worship at the church, up to eight elected members and one member appointed by the PCC. 

The Goldstone Church is led by a leadership team that consists of the Minister and up to six Elders. They work with a team of Leaders who are made up of the coordinators of the main ministries in the church, and a representative from the PCC. 

The PCC is responsible for a wide range of matters affecting the parish, including compliance with health and safety, disability, and child protection legislation. In their capacity as trustees, members of the PCC are responsible for the stewardship of funds and for the appropriate accounting and reporting of the parish finances. The PCC works to ensure that each member of the committee is equipped to fulfil his or her role. New members of the PCC are invited to discuss their role and responsibilities at an introductory meeting held after the APCM each year. The PCC Secretary and Treasurer are appointed at the first meeting after APCM. Regular mailings from the Diocese keep these officers up to date with changes in church regulations and financial procedures and these are reported to the whole PCC as appropriate. 

The PCC has appointed a Safeguarding Officer and a Vulnerable Adults Safeguarding Representative who are responsible for ensuring that a Disclosure and Barring Service search is conducted on all those who work with children and vulnerable adults in the church. 



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The full PCC met seven times during the year for normal business. The Standing Committee met four times in the year and agreed a number of items by email. 

The Standing Committee is the only committee required by law. It consists of the Vicar, Churchwardens, Treasurer, and two appointed PCC members with the Curate and Church Operations Manager in attendance. It has the power to transact the business of the PCC between its meetings, subject to directions given by the full PCC. It also oversees the general financial situation of the work of the parish by monitoring income and expenditure, establishing and reviewing appropriate financial controls, preparing budgets, and other financial statements, and recommending to the PCC any extraordinary expenditure. 

With the PCC now being the employer of nearly all non-ordained staff, the establishment and work of the Human Resources Committee (HRC) has become invaluable. 

The PCC have had regard to the Charity Commission’s guidance on public benefit. The charity’s activities advance religion and are for the public benefit by expressing God's concern for the spiritual and physical needs of men and women, the maintenance of places for the public worship of God, the provision of regular and occasional religious services for people of all ages and the availability of clergy and lay members to provide information about Christian belief and support individuals with pastoral needs.  These activities are available to anyone living in the parish and beyond who wishes to avail themselves of them, irrespective of their social, economic, or religious background. 

## Electoral Roll 

At the end of 2023 the electoral roll totalled 324 (332 at end 2022); 258 (Bishop Hannington Memorial Church (259 at end 2022), Holy Cross Church 29 (36 at end 2022), Goldstone Church 37 (37 at end 2022). 

## FINANCIAL REVIEW 

The accounts show an overall surplus of £37,065 (£40,204). This is spread across our three churches as follows: 


**----- Start of picture text -----**<br>
2023 Surplus- £ 2022 (Deficit)- £<br>Bishop Hannington 14,344 (37,941)<br>Holy Cross 35,976 (4,301)<br>Goldstone 1,888 (5,295)<br>James Hannington  (15,144) Not reported for full year.<br>Memorial Trust<br>£37,065<br>**----- End of picture text -----**<br>


It is great news that all three churches were able to produce a surplus. For BH this was principally due to increased letting income, and a major appeal for our new Associate Vicar Fund. Holy Cross had a fundraising campaign and their surplus is chiefly due to external grants. Goldstone have achieved a better result through their own resources. JHMT spent money from a previous legacy. 

Reserves (i.e. _Funds_ ) for each church are set out in note 9 to the accounts. 



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BH maintains one fund to spread the costs of maintenance on our church and buildings. During the year we spent £52,283 out of this fund and are aware that we need approximately £300,000 over coming years to meet the costs of the recent quinquennial inspection. 

At the year-end BH and Goldstone both held reserves equivalent to 3 to 6 months expenditure, whilst Holy Cross holds reserves well above this level. This is expected to be used up over the coming year in support of ministry. 

Holy Cross has been notified of a substantial unrestricted legacy: in due course this will be applied in accordance with our standing orders and reserves policies. 

BH established a new restricted fund in 2024, to pay for an Associate Vicar in the absence of a curate. This fund has been augmented by a further £15,000 after the year end, transferred from the BH general fund. After pledges the Associate Vicar Fund therefore stands at approximately £100,000 at the date of approval. The BH general fund (free reserve) will be maintained at £100,00 through receipt of an expected legacy passed on from CWT. 

## _Reserves Policy_ 

The PCC considered that a reasonable level of reserve would be £100,000, allowing for Holy Cross and Goldstone to hold working capital balances. Reserves are held to enable us to respond to unexpected downturns or take strategic opportunities as they arise. Any funds in excess of this range are used first to fund capital projects and secondly to support the wider mission of the church. As shown in note 9, the free reserve shown as the BH General Fund, was £116,019: but this amount reduced after the year end due to the transfer to the Associate Vicar Fund and some urgent repairs on the church hall. 

## ENVIRONMENTAL MATTERS 

We have considered both the impact we have on climate change; and the impact climate change has on the charity. We do not consider there is any impact on our going concern assessment or asset values. We are however conscious of the costs related to property maintenance caused by more extreme weather, the rising costs of energy, and the effects this may have on our supporter base. This is considered as part of the PCC risk assessment process. 

The Council continue to consider ways of contributing to environmental issues and over the last year have progressed the programme of replacing light fittings with LED lamps and tubes. Also, the programme of installing secondary glazing to the tall windows is now 60% completed. 

## RISK MANAGEMENT 

The PCC review risks formally twice a year, firstly to consider the overall risk environment and to identify major risks, and then later to consider the effectiveness of risk management strategies. 



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The major (gross) risks identified in this process were: safeguarding, the state of the Church of England and sound doctrine, over reliance on too few people and team welfare, and skills in IT and digital. Processes are in place to manage all these risks. 

Signed 


Date 15[th] March 2024 

Rev Dr Nicholas Tucker 



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## Examiner’s Report 

I report to the PCC members on my examination of the accounts of the Parochial Church Council of the Ecclesiastical Parish of Bishop Hannington Memorial Church, Hove for the year ended 31 December 2023. 

## **Responsibilities and basis of report** 

As the charity PCC members of the Parochial Church Council of the Ecclesiastical Parish of Bishop Hannington Memorial Church, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). 

I report in respect of my examination of the Parochial Church Council of the Ecclesiastical Parish of Bishop Hannington Memorial Church, Hove’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. 

## **Independent examiner's statement** 

Since the Parochial Church Council of the Ecclesiastical Parish of Bishop Hannington Memorial Church, Hove’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a fellow member of the Association of Charity Independent Examiners, which is one of the listed bodies. 

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 believe that in any material respect: 

1. accounting records were not kept in respect of the Parochial Church Council of the Ecclesiastical Parish of Bishop Hannington Memorial Church, Hove as required 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 which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 


J Irvinesmith FCIE Independent Examiners Ltd 

Date 19th March 2024 



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## Statement of Financial Activities for year ending 31 _December 2023_ 

|Income:|Notes|||||
|---|---|---|---|---|---|
|Donations, including gift aid||287,094|261,547|548,641|497,969|
|Grants||25,000|24,318|49,318|49|
|Legacies|||||37,356|
|Rental||100,781||100,781|83,246|
|Other||11,939|754|126,923|6,305|
|Total income|1|424,814|286,619|711,433|624,924|
|Church activities|2 & 3<br>|406,760|267,607|674,367|584,720|
|Net income/ (expenditure)||18,054|19,012|37,066|40,204|
|Transfers between funds|9|589|589|||
|Net movement in funds||18,643|18,423|37,066|40,204|
|Total funds at start of year||2,203,726|99,789|2,303,515|2,263,311|
|Total funds at end of year|9|2,222,369|118,212|2,340,581|2,303,515|



_The notes on pages 15 to 20 form part of these accounts_ 



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## Balance Sheet at 31 December 2023 

|Notes<br>Fixed assets - property<br>4<br>Current assets<br>Debtors and prepayments<br>Cash held as investment<br>Cash held in bank accounts<br>Total current assets<br>Creditors due within one year<br>5<br>Net current assets/ (liabilities)<br>Total net assets/ (liabilities)<br>Represented by:<br>Unrestricted funds:<br>Property (revaluation) reserve<br>Other unrestricted funds<br>Total unrestricted funds<br>Restricted funds<br>Total funds<br>6|2023<br>2022<br>2023<br>2022<br>1,895,001<br>1,895,001<br>1,895,001<br>1,895,001<br>8,063<br>12,629<br>8,063<br>12,629<br>323,516<br>307,827<br>323,516<br>307,827<br>129,955<br>98,219<br>100,294<br> 53,414<br>Group<br>Charity|
|---|---|
||461,534<br>418,675<br>431,873<br>373,870<br>15,954<br>10,161<br>15,955<br>10,162|
||445,580<br>408,514<br>415,919<br>363,708|
||2,340,581<br>2,303,515<br>2,310,920<br>2,258,709|
||1,895,001<br>1,895,001<br>1,895,001<br>1,895,001<br>327,368<br>308,725<br>327,368<br>308,725|
||2,222,369<br>2,203,726<br>2,222,369<br>2,203,726|
||118,212<br>99,789<br>88,551<br>54,983|
||2,340,581<br>2,303,515<br>2,310,920<br>2,258,709|



_The notes on pages 15 to 20 form part of these accounts_ 

The Group figures include the James Hannington Memorial Trust, a subsidiary registered charity. 

Approved by the Parochial Church Council on March 15 2024 and signed on its behalf by: 



Nick Tucker Chair 

Don Bawtree Treasurer 



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## Cash flow Statement at 31 December 2023 

|Cash flow Statement at 31 December 2023||
|---|---|
|Net result for the year<br>Adjustments for:<br>Rental and investment income<br>Debtor (increase)/ decrease<br>Creditor increase/ (decrease)<br>Cash flow from operating activities:<br>Cash flows from investing activities:<br>Rental and investment income<br>Sale of fixed assets<br>Total cash flows from investing activities<br>Cash flows from financing activities:<br>Changes in borrowing<br>Other<br>Total cash flow from financing activities<br>Change in cash and cash equivalents<br>Opening cash and cash equivalents<br>Cash and cash equivalents at the year end|Total funds<br>Total funds<br>2023<br>2022<br>37,065<br>40,204<br>(100,781)<br>(83,246)<br>4,566<br>(9,764)<br>5,794<br>7,785|
||(53,356)<br>(45,021)|
||100,781<br>83,246<br>-|
||100,781<br>83,246|
||-|
||-<br>-|
||47,425<br>38,225<br>406,049<br>367,824|
||453,474<br>406,049|



The change in net debt is all due to change in cash and equivalents as set out above. 



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## Accounting Policies 

a) Convention: The financial statements have been prepared under the Church Accounting Regulations 2006 in accordance with applicable accounting standards and the Statement Of Recommended Practice, Accounting and Reporting by Charities SORP (FRS 102). The PCC is a public benefit entity. 

b) The group accounts: comprise BH PCC and the James Hannington Memorial Trust, a separate registered charity which became part of the group in 2022. 

c) Income: Donations are recognised on receipt, with associated gift aid recoveries. Grants and legacies are recognised for when notified of entitlement, the amount due is quantifiable and its ultimate receipt by the PCC is probable. Staff time and related costs, provided by BH CWT, is recognised on receipt, with a matching item of expenditure. Rental income from the letting of church premises is recognised as earned. 

d) Expenditure: Expenditure is recognised as incurred. Grants and donations, including parish share, are accounted for when paid, or when a legal or constructive obligation is created. Where Vat is recovered on expenditure, this is presented as a net cost. 

e) Fixed Assets: Consecrated and beneficed property is excluded from the accounts by virtue of the Charities Act 2011. All expenditure incurred during the year on consecrated or benefice buildings and movable church furnishings, whether maintenance or improvement, is written off as expenditure in the SOFA and separately disclosed. Freehold land and buildings, which are held for continuing use by the PCC (other than Holy Cross Church), have been included at deemed cost. No depreciation is provided on Freehold buildings due to their expected life exceeding 50 years. Individual components or items of equipment with a purchase price of £2,500 or less are written off when the asset is acquired. 

f) Taxation: The church, as a registered charity, is generally not liable to taxation on its surplus or capital gains. Irrecoverable VAT is included in the cost of those items to which it relates. VAT recovered on listed building work is offset against expenditure. 

g) Going concern: The PCC considers that it’s reserves and risk policies are sufficient to ensure that there are no material uncertainties about the church's ability to continue as a going concern. 

h) Judgements and Estimates: The main judgements applied in these accounts relate to the recognition of income and expenditure as set out above, and the treatment of consecrated properties and related fixed asset expenditure. These judgements have been informed by accounting guidance prescribed by the Business Committee of the General Synod in their guide to the SORP 2005. 



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## Notes to the accounts for the year ending 31 December 2023 

## 1 **Income** 

Income does not include the extensive volunteer time contributed by members of each church. 

Holy Cross church has been notified of a substantial legacy which is awaiting probate and so not included in income. Other income includes payments for events and youth ventures. 

|2 **Analysis of expenditure**<br>Paid to diocese - parish share<br>Other staff costs, including accommodation<br>Ministry costs, excluding staff<br>Church and hall maintenance, equipment<br>Office costs ( support costs)<br>Grants to other organisations<br>Governance costs<br>Restricted expenditure included above:|2023<br>2022<br>£<br>£<br>121,176<br>119,116<br>299,493<br>262,397<br>32,054<br>34,869<br>114,413<br>104,554<br>19,555<br>23,922<br>85,102<br>35,892<br>2,574<br>3,970<br>674,367<br>584,720<br>267,607<br>(PY: 109,053)|
|---|---|



Explanation of costs: 

- Paid to diocese - parish share: covers ordained staff and related support from the diocese. 

- Other staff costs, including accommodation: includes all other costs relating to staff, including payments to BHCWT. 

- Ministry costs, excluding staff: costs of materials, events and other costs directly related to our ministry. 

- Church and hall maintenance, equipment: incurred on consecrated property, or below our capitalisation limit, and other maintenance on related buildings. 

- Office costs (support costs): overheads. 

- Grants to other organisations: mainly grants made by JHMT, consolidated during 2022. Grants over £5,000 paid in the year were: 

   - Comino: £9,000, El Alfarero £7,847, European Christian Mission £6,140, New Growth Ministries £14,270, Off the Fence £6,526. 

- Governance costs include the cost of the examination £1,800 (2022 £1,500) 



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|**Staff costs for the year**<br>Wages and salaries<br>Social Security Costs<br>Contribution to defined contribution pension schemes<br>Other benefits|2023<br>2022<br>£<br>£<br>182,267<br>168,042<br>10,198<br>10,211<br>11,880<br>13,982<br>13,497<br>19,564<br>217,841<br>211,798|
|---|---|



- The average head count (not FTE) employed by PCC was: 11 (PY 11.5) 

- The comparatives have been restated, following the staff transfer in 2022, to show only costs of staff employed by the PCC. 

- No staff member received remuneration in excess of £60,000.  Clergy are office holders and their cost is included in the amounts paid to the diocese. Staff costs include £10,000 incurred and paid at the end of an employment contract. 

- One member of staff is employed through a related party, and their costs are excluded above, though included in overall staff costs. 

- Staff costs disclosed above exclude training, expenses and other non-employment related items. 

## 4 **Fixed assets** 

These comprise the following land and buildings held at "cost" (under the FRS 102 transitional rules, this is the market value as at 2014). 

|2014).||
|---|---|
|Vicarage<br>82, Holmes Avenue<br>House for staff<br>80, Holmes Avenue<br>Holy Cross Associate Vicar House<br>43, Hogarth Road<br>Youth and community centre and flat<br>38, Holmes Avenue|£<br>550,000<br>300,000<br>550,000<br>495,000|
||1,895,000|



- Holy Cross Church is an asset of the parish; it is notionally valued at £1. 

- Some of the above properties are let out commercially when not in use by staff.  As the intention is to retain these properties for the church's own use, they continue to be treated as functional fixed assets. 

- All properties listed were originally purchased using an appeal to establish an evangelical church in the area. This restriction is in line with the core activities of the PCC and the properties are therefore not treated as restricted funds. 

There are other trustees (i.e. PCC members) in common with other charities.  The circumstances are such that related party transactions are immaterial and further disclosure is not required. 

One member of staff is still paid through CWT: the amount is not disclosed as this is akin to an agency arrangement. 



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|**5 Creditors**<br>Amounts owed to third parties<br>Accruals<br>**6 Analysis of net assets by fund**<br>Current year<br>Fixed assets<br>Current assets<br>Current liabilities<br>Prior year<br>Fixed assets<br>Current assets<br>Current liabilities|1,895,001<br>311,414<br>15,955<br>Unrestricted<br>funds|2023<br>2022<br>£<br>£<br>14,154<br>8661<br>1800<br>1500|
|---|---|---|
|||15,954<br>10,161|
|||Restricted<br>funds<br>Total funds<br>-<br>1,895,001<br>118,212<br>429,625<br>-<br>15,955|
||2,222,369|118,212<br>2,340,581|
||1,895,001<br>298,564<br>10,161|-<br>1,895,001<br>99,789<br>398,353<br>-<br>10,161|
||2,203,726|99,789<br>2,303,515|



## 7 **Expenses incurred by PCC members** 

No trustee has received any remuneration  or other benefits from the charity. 

Expenses reimbursed or incurred by 0  (PY:2) trustees, amounted to £0 (PY: £622), relating to travel costs and reimbursement of training costs. 



**18 |** P a g e 

## 8 **Related party transactions during the reporting period were as follows:** 

|Name|2023|2022|Role|Description|
|---|---|---|---|---|
|Gillian Carr|£2,729|£2,583|Trustee of Books Alive, a|During the year we had arms|
||||local Christian bookshop|length transactions with Books|
|||||Alive|
|Gillian Carr|£4,200|£4,200|PCC member|Rent paid for staff|
|||||accommodation|
|Nick Tucker|£2,729|£2,583|Trustee of Books Alive, a|During the year we had arms|
||||local Christian bookshop|length transactions with Books|
|||||Alive|
|Don & Judith Bawtree|£8,500|£11,400|PCC|Rent paid to related party for|
||||members|staff accommodation|
|Don|£0|£129,915|Trustee of BH Christian|Payment towards staff costs|
|Bawtree|||Workers Trust||
|and John|||||
|Puttock|||||
|John Puttock|£2,729|£2,583|Trustee of Books Alive, a|During the year we had arms|
||||local Christian bookshop|length transactions with Books|
|||||Alive|
|Nick Tucker|£0|£89,964|Trustee of BH Christian|Payment towards staff costs|
||||Workers Trust||



There are other trustees (i.e. PCC members) in common with other charities. The circumstances are such that related party transactions are immaterial and further disclosure is not required. 

One member of staff is still paid through CWT: the amount is not disclosed as this is akin to an agency arrangment. 



**19 |** P a g e 

|9 Unrestricted funds<br>General funds<br>BH<br>Capital projects<br>BH<br>General funds<br>Holy Cross<br>General funds<br>Goldstone<br>Subtotal<br>BH<br>All unrestricted funds are<br>designated as follows:<br>Property<br>(revaluation)|Opening funds<br>Income Expenditure<br>Surplus/<br>deficit<br>before<br>transfer<br>Transfers Closing funds<br>80,001<br>275,563<br>239,549<br>36,014<br>-<br>116,016<br>175,500<br>-<br>52,283<br>(52,283)<br>-<br>123,217<br>42,067<br>101,109<br>68,675<br>32,434<br>-<br>74,501<br>11,157<br>48,142<br>46,253<br>1,888<br>589<br>13,634|
|---|---|
||308,725<br>424,814<br>406,760<br>18,054<br>589<br>327,368<br>1,895,001<br>-<br>-<br>-<br>-<br>1,895,001|
||2,203,726<br>424,814<br>406,760<br>18,054<br>589<br>2,222,369|



The numbers above exclude transactions between the churches. 

During the year the BH general fund paid £ 16,637  (PY £23,234) on behalf of the Holy Cross parish share The BH capital projects fund is financed by transfers from the BH general fund as reserves permit: this is expected to be exhausted in 2025 

|Restricted funds by entity<br>Restricted funds<br>Bishop Hannington Church<br>Holy Cross Church<br>Goldstone Church<br>JHMT<br>Total funds|Opening funds<br>Income Expenditure<br>Surplus<br>/deficit<br>Transfers Closing funds<br>47,960<br>173,417<br>142,804<br>30,613<br>-<br>78,573<br>6,435<br>50,148<br>46,606<br>3,542<br>-<br>9,977<br>589<br>146<br>146<br>-<br>(589)<br>-<br>44,805<br>62,908<br>78,051<br>15,144<br>-<br>29,661|
|---|---|
||99,789<br>286,619<br>267,607<br>19,012<br>589<br>-<br>118,212|
|||
||2,303,515<br>711,432<br>674,367<br>37,065<br>-<br>2,340,581|



|Restricted funds comprise<br>BH: Associate Vicar Fund<br>BH:Hardship fund<br>BH: Christian workers fund<br>HC: families, admin & mission<br>Goldstone: mission and ministry<br>JHMT<br>BH: Other small funds|Opening funds<br>Income Expenditure<br>Surplus<br>/deficit<br>Transfers Closing funds<br>-<br>69,563<br>69,563<br>69,563<br>8,238<br>8,815<br>8,744<br>71<br>-<br>8,309<br>39,522<br>94,489<br>134,011<br>39,522<br>-<br>(0)<br>6,435<br>50,148<br>46,606<br>3,542<br>-<br>9,977<br> <br>589<br>146<br>146<br>-<br>(589)<br>-<br>44,805<br>62,908<br>78,051<br>15,144<br>-<br>-<br>29,661<br>200<br>550<br>49<br>501<br>-<br>701|
|---|---|
||99,789<br>286,619<br>267,607<br>19,012<br>(589)<br>118,212|



Comparative information - last year's restricted funds: 

|||||Surplus|||
|---|---|---|---|---|---|---|
||Opening funds|Income|Expenditure|/deficit|Transfers|Closing funds|
|BH: pastoral fund|3,747|120|5,390|(5,270)||(1,523)|
|BH: hardship fund|1,172|13,025|4,436|8,589||9,761|
|Combined "hardship" fund|4,919|13,145|9,826|3,319|-|8,238|
|BH: Christian workers fund|-|89,100|49,578|39,522||39,522|
|HC: families, admin & mission|824|23,178|24,002|(824)|6,435|6,435|
|Goldstone: mission and ministry|120|719|250|469|-|589|
|JHMT|-|70,202|25,397|44,805|-|44,805|
|BH: Other small funds|(512)|-|-|-|712|200|
||5,350|196,345|109,053|87,291|7,147|99,789|



JHMT became part of the group during 2022 



**20 |** P a g e 

- The BH Associate Vicar Fund is to pay for a future person in that role. It has been augmented by post year end transfers of £15,000. 

- The BH hardship funds provide support for those in need. 

- The BH CWF contributes to non-ordained staff costs. 

- The Holy Cross mission fund (£704) supports mission, the YFM (£7,173) meets the costs of the youth minister and the Admin fund (£2,100) pays for an administrator. 

- JHMT is the James Hannington Memorial Trust, a separate registered charity (284183) supporting mission mainly through grants. 

- Transfers represent reallocation of old fund balances