Bishop Hannington CHURCH PAROCHIAL CHURCH COUNCIL OF BISHOP HANNINGTONI MEMORIAL CHURCP,, HOVE ANNUAL FIEPORT AND GROUP HNANCIAL STATEMENTS OF TrE PAR(HlAL CHURCH COUNCIL FOR THE YEAR ENtED 31st tBER 2024 REGISTEFIED CHARITY No 1130527 Bthjp HannIrU Mwn(Thl CtrllThch, Nevlll ANenu4 Hov8. BN3 7NH The Perfd tk Tucker mer Arrt Ame1*4 HJ$e. Crescent Rcod. Wcrthing West Sx BNII IF Bankers: CAF Bank Ltd West mfiryd, Kent
21Page Table of Conteiits Report of the PCC for the year ended 31st December 2024 (91st Annual Report) Objectives and Activrcies - Achievements and Performance Administrative infonnation Financial Review Environmental Matters li Risk Management Consolidated Statement of Financial Activities for the year ending 31 December 2024 Balance Sheet as at 31 December 2024 li 13 14 Cash Flow Statement at 31 December 2024 15 Accounting Policies Notes to the accounts for the year ending 31 DecemFxr 2024 Auditor's Report 16 18 24
31Page Report of the PCC for the year ende Annual Report) J4 31st Dacember 2024 (91st The Parish of BIsp Hannington Mem(Kial 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. shop Hannington Memorial Church (BH) rs sttuated on the corner of Nevill Avenue and Holmes Avenues. Hove. Holy Cross Church is Situated cm Tamworth Road, Hove. Goldstone Church meets at Goldstone Primary Schcl. Laburnum Avenue. Fk)ve BN3 7JW. This report also inclLKdes the James HannIngt Memorial Trust (JHMT). Thi5 is a separate charity whose trustees are members of B5shop HannIngt Church. Its objective is the provision of funds by grants lor the advancement of the Christian faith throughout the world. Ob,'iectives and Activities - Achievements and Performance The primary objective of Bishop Hannington Memorial Church PCC is the proclarnation of the Gospel of our Lord Jesus Christ according to the doctrines and wactices of the Church of Eryland. The PCC has the responsibility to consult together on matters of general concern and importance to the parish. ildIr promoting in the parish the whole mission of the Church. and working with the Deanery and Di0san Syn(Kls. Our objectives were taken forward by the three individual congregations as folkiws: -rnorial Church Bjoki._p A8_finington Tr,rt- We continued to fccus on o¢M strategic aims of growing in: wayer. discipleship. evangelism and generosity, and began discussions as to how the three churches within the Parish can work together more strategically. Afthough these themes underpin all our activities. we acknowledge the need to create more structlwe to support these initiatives. In SUPFX)rt of this a renewed corporate identity was created for ihe publication of a new website. At time of writing we Contin to Upgrade and improve our content. Throughout the year we continued to offer 3 services every Sunday, a rnid week service. and a monthly prayer meeting. In addition. 17 Small Groups met regularly and various groups met using the church centre and Youth and Community Centre. Further information about all these groups is available on our webstte. We also continued to support our mission partners, cfTscussed in TTiore detail in the JHMT report below. We changed our Alpha course to run after Christmas. but ran a series of courses aimed at different demographics throughout the year. culminating in a packed programme of Christmas activitEs.
41Page We said goodbye to Ben Martin. curate until Easter 2024, and his family as they moved to Angmering where Ben has taken up the role of As%)ciate Vicar. We were delwahted to welcome two voluntary staff workers: Trevor Cristin ar)d Issy Brandt. We continued to raise funds for an Associate Vicar. in the light ol a predicted shortage of curates seeking title posts. Subsequent to the year erKI. an advert was placed for this P05TtK)n. We were delighted to welcome Flick Hardirg as our W(Knen's and Families Minister: she has already made a significant impact in this area of our church life. The PCC agreed to transfer its woperties to the ownership of BHCWT who would administer the properties on tehalf of the PCC. This concentrates property rnanarnent in one entsty: the process is ongoing requiring approvJ from the Charity Commission and the DBF. This year s accounts reflect the inttk41 costs relatirg to our church Weeke away in March 2025. The PCC decided that individuds would not be charged for this event. making it freely available to all. We look forward to reporting on the weekend in next year's report. Whilst there is much to rejoice aut in all the above. we continue to face some seriou5 challenges. These include the crisis in the Church of England around safeguarding and the divisiveness of the Living in Love and Farth proposals, and the contin1 postxovid challenges faced by many organisations that rely on volunteers. Holy Cross Church Our Sunday gatherings involved preaching series, in Zechariah, Acts. Psalms. Exodus and Colossians. We had SurKJay School tbyo or three times a month which typically followed the preached passages. We had a church prayer meeting for Sunday services each Sunday morning. On the first SLnJay of most months we had a church lunch followed by a church prayer meeting. Our three*vening adult small groups met twice in most TTK)nths. The prts3ramme was typically an alternating pattern of evangelism training and a Ble study. Some small groLP leaders have received training in discipltrmaking. and have made progress in reforming their personal culture in this vital area. Our Administratcx Sarah Grant has continued to be a great asset to us. including by doing much admin for Sunday services. and prOd1ra and disseminatiThJ both church newsletters (weekly) and copies of daily Bible reading notes (monthly), which are used by around ten church members. We have continued our relationship wi(h four Mission Partners.. the Milsons, the SGP. BHCM and Compassion UK. However. we decided to discontinue our relationship with Compassion and start a new one with Lakeview Venture. Six initiatives in particular sought to serve our outreach to local people.. (l) Tuesday At Ten. a weekly daytime initiative for all local people,. (2) Junior Jivers. a weekly song and action group with a Chrisiian theme, for pre-schcolers and their adults,. (3) Dadz N Kidz, a monthly
61Page group lor under-11 s and their Imale) aduhs. (4) an Easter party: (5) an Alpha course and (6) our Christmas programme. In September TrHe had a weekend together. Teaching sessions came under the heading. 'Behold Our God,, exploring the Creatorxreature distinction. A number of us also attended Bible By The Beach and the SGP Annual Conference. The accounts reflect a signrficant legacy due to be received in 2025. We have made some good progress in determining how it mghi used. Goia'stone Church This was the 33rd year of the Goldstone ChLKch planL the ninth full year wsth Simon James- Mor5e as Minister. The church continues to reach out to those in the parish. Weekly services at Goldstone Primary School continue to tryild a Christian worshipprng communtty. The congregation continues to grow spiritually. both personally and corporately. although the number of regular attenders has decreased slightly. Syns of Gra The monthly services for the deaf community cctinue to provide spiritual support to the deaf iri the congregation and visitors Irom across Sussex. plus helping those who are learnirrfJ British Sign Language (BSL). The gathering promotes the desire to integrate deal and Iparing people. Lindridg8 Care Home The weekly services at Lindrtye wovides a Christian witness in the community, as well as include regular social interactions with residents and staff. The Goldstone Church Minister contin as part of the NHS Voluntary Chaplaincy Team. Gran; ,L4arfiii g PolicL' The three churches make occasional smail grants in connection with their mission. The main grant making activity is carried out by JHMT whose grant making Oicy is to distribute income under the following catewies in accordance wtth need. The table below sets out JHMT'S income distribution: 2024 2023 Overseas Missionary Service Mission C)Jtreach in the UK £50,243 (72%) £12.839 (18%) £ 2.83014%) £ 4,357 {6%) £50.594 {65%) £13.145 117%) £ 5.253 (7%) £ 9.000 (11%) Tralning for Christian Service Overseas relief & Devekpment Woik Total Contributions £70269 £77.992
61Page Further details are set out below. Jame< Haniiington Men,?rial Trdst iJ4iK.1T) On behalf of the board. huge thanks to the members of the church family who have generously responded to our requests for funding th[0hoUt through the year. both on a weekly basis and as pan of ow cycle of JHMT appeals. Additionally. thanks to all of our trustees for their hard work and difigence over another year serving on 'the bo8rd'. We are Considering eXPaling our number slightly as the mission element continues to grow. A commitment to pray for the Trust. and for each cf our Mission Partners who are seeking to continue their calling of changing people s lives through the power of the gos1. has also been greatly appreciated. Our Mission Coordinator {Katy LarnIrt) ensures that we have good communication with our Mission Partners and that they are regularly featured in o Church services and prayer meetings. Missicn Partner Wisits and Lherseas Mission TT¥) We have enjoyed visits from Susanna Baldwin. the Russells. Jen Cable and the Gurtlers over the year. Other mission partners (the Gurtlers. Webbs & Russells) are all looking forward to ioining us at Ashburnham next month. The Friths will be back in the UK from May and we may have Mark mackenz visiting in June/July We are very excited to once again be workirwJ wtth the BH Yjth minister and a team from KO who are planning a trip to work wilh the Webbs end Juntrearly July. App8als The JHMT 2024 Christmas aprmgal for Embrace in the Middle East raised a total of £5.427 so many thanks to the BH congregatK)n for their generosity once again. The Trust holds a contingency reserve of £2.550 to (x)ver paymenis to mission partners who receive quarterly allowances should the Trust find itself unable to continue their financial support to those FQrtners. Volunteers Volunteers ctribUte to the work of the churches at every level and in all the activities, including pastoral. Chch services. communtty outreach. evangelism. children and youth activities. older people. bell ringing. maintenance. administration. cleaning. flower arranging and many other areas of service.
71Page Admiyistrative information Bishop Hannington Memorial ChCh IBH) is the Parish Church f¢y the Ecclesiastal Parish of Bishop Hanr)ington Memoyial in the City of Brighton and Hove. The Parochial Church Council is a charity registered with the Charity Commission arKI has the registration number 1130527. The members ot the Parochial Church Council {PCC) are its trustees. The PCC. which is the l(xal representative Ejxly in the govemment of the Church of England, is a body corporate and its governiro instrument is the Parochial Church Councils (Powers) Measure 11956) las amended) and the Church ReKYesentation Rules. This rewrt irLortx)rates two other churches yvtthin the parish: Holy Cross and &)Idstone. The Vicar, Assistant Clergy. Chwchwardens. Holy Cross Wardens and members of the De8nery. Diocesan. General Synods or Licenced Lay Worker, are ex Off{0 members. Other members are elected or appointed in accordance wtth the Church Representation Rules Sncluding nine member5 of the Laity who are elected by members at the Annual Parochial Church Meeting (APCM). Church members are encouraged to starKI for election to the PCC and we try to ensure a balance of skills and exFErien¢e where possib. In addition. up to two others can be ctropted to membership. Che of these ccropted member's places is reserved lor a representative of the Goldstone Church. Correspondence for the PCC should be addressed to the PCC Secretary, ¢/. Church Office. Bishop Hannington Church. Nevill Avenue. Hove. BN3 7NH. During the year of 2024. the following served as members of the PCC and were trustees of the charity: Incumbent (Chair): Assistant Clergy. The Rev Dr Nick Tucker The Rev Dave Howarth. The Rev Ben Martin Ito Easter 2024) Mrs J1th Bawtree Licensed lay worker- Churchwardens: Mr Don Bawtree. Mr Nigel SarIeen Vacant Holy Cross Wardens Diocesan Synod Flepresentatives: Deanery SyncKJ Representatives: fvArs Sue Slamo. Mr Jon Sharp r Bob OvertOTr-Hart. Mr David Payne, Mr Geoff Payne. Mr Nigel Sarjudeen. Mr Jon Sharp, Mrs Sue Slamo Mrs Fran Crosthwaite Q. Mr Trevor Cristin. Mrs Chris Dalton. Mr John Marshall, Mr John Puttock, Mrs Phoebg Li Q, Miss Sue Olive Q. Mr5 Jane Tanr)er Q, Mr Terry Sweetman. Mrs Debi Jakeman q Mrs Janet Davis . bjiss Martine Frest Mr Simon James-morse Elected Members- C(ropted Member: Q Until 2024 APCM @ From May 2024 APCM
81Page The AnnLoI ParcKhial Council Meeting was held on 28 April. The PCC Secretary and Treasurer are appointed at the first meeting after APCM. Each of the three churches in the Parish has a Committee which functions as a committee 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 meetin9 after the APCM each year and which detail the limits of expendtture 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 arKI wider Church issues. The Bishop Hanningtcrt) Committee consists of the elected members to the PCC who consider BH as their church. BH church Clergy. Chwchwardens. freasurer. and the Church Operations Manager{s) in attendance. Holy Cross Church Commrttee 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 ¢Me member appjinted by the PCC. The Goldstone Church is led by a leadership team that consists of the Minister and up to six Elders. They vvork with a team of Leadèrs who are made up of the coordinators ol the main ministries in the church. arKI a representative from the PCC. The PCC is reswnsible for a wide range of matters affecting the paris including compliance wtth heaFth and salety. disability. and child protection legislation. In their capacity as trustees, members ol the PCC are responsible for the stewardship of funds and for the appropriate accounting and reporting of the parish finances. Trustee training is provide(t The PCC works to ensure that each rnber 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. Regular mailings from the Diwese keep these off icers up to date with changes in church regulations and financial procedures and these are reported to the whole PCC as awopriate. The PCC has appointed a Safeguarding Officer and a Vulnerable Adults SafegUardg Representative who are responsible for ensuring that a Discbsure and Barring Service search is conduct8d on all those who vlork with children and vulnerable adults in the church. full PCC met four times during the year for normal business. The Standing Committee met once in the year and agreed a number ol items by email. The Standing Commtttee is the only committee required by law. It consists of the Vicar. Churchwardens. Treasurer. and L5P to two appointed PCC members with the Curate and Church Operations Manager in attendance. It has the wwer to transact the business of the PCC between its meetings, subject to directK)ns given by the full PCC. It also oversees the general financial sf(uatK)n ofr the work of the parish by monttoring income and expenditure, establishing and reviewing appropriate financial controls. preparing budgets. and other financial statements. and recommending to the PCC any extraordinary expenditure. test
91Page With the PCC now being the employer of all (except one) nonx)Idained staff, the establishment and work of the Human Resources Committee (HRC) has become invalijable. The PCC have had regard to the Charity Commission's gukjance on wblic benefit. The charity's activities advance religion and are for the putAic beneftt by expressing God's concern lor the spiritual and physical needs of men and womeTh the maintenance of places lor the public worship of God. the provision of regul and CaSional religious serviS for people of all ages and the availabilr(y of clergy and lay members to provide information about Christian belief and support irKlividuals wtth pastoral needs. These activities are available to anyone living in the parish and beyond who wishes to avail themselves of them, irrespective of their sock41. economic. or refi9ious background. Flectoral Troll 2024 2023 2022 | 2021 2020 256 27 35 258 29 37 259 36 37 261 143 38 266 42 40 Holy Cr088 Gc4dstong 318 -1.85% 324 333 -2.63% 342 -1.72% 348 %ch8 Finanknial Reiiiew The accounts sW an overall surplus of £1.189,875 (£37.065). This remarkable number arises because of an exceptional legacy due to Holy Cross Church valued at £1.2m. Isolating that, the underlying perforrnan of each entity is set t below. combining all the funds. which can be seen ir) more deta in note 9. Jrplus (Defictt)- 2024 2023 8ishop Hannington Holy Cross Goldstone James Hannington Memorial Trust Legacy reCeiVe (Hofy Cross) Tot81 36.583 137.131) (1.374) (8.903) 1.200,0 £1,189.175 14.345 35,976 L888 (15.144) £37,0765 Although these figures include the restricted funds. in practice most of these contribute to the core activities of the PCC. Because the PCC comprises three churches. these are distinguished as designated in the accounts.. each church funds itself, with occasional support from each other.
IOIPage The BH surplus atK)ve includes movements on restricted funds shown in note 9. However, the underlying -operating- fesult of BH was £62,000, combining the workers fund and the general lund. This arises through an increase in incorne. and a staff vacancy for much of the year. The Holy Cross result sh)ws the continuing use of funds raised in prior years to pay for the Youth and Families Minister. The legacy lOw5 Hofy Cross to continLE despite running a darttr-day deficit Goldstone's small deficit is a matter fof prayerful ccrfKern in view of the dimirishing reserves. JHMT continue to make grants out of income and spend down a yevious legacy. We are grateful to everyone who contributes financially to all the churches and JHMT. Each church faces a financial challeTYJe: BH needs to generate an annual surplvs of c £70.000 to athress the future costs of an associate vicar. The existiryJ fund. further donations. and the promw of £180,000 from Holy Cross ensure there is sufficient fwKJing for that post whilst that is a¢hved. Holy Cross needs to get to a F()sition where their own activities cover their costs. Whilst the legacy receipt may seem to make that unnecessary. the church is acutely aware that tt is neither right nor healthy f(K it to rely on lump sums in that way. The PCC is actively considering how test to use funds constructively, whifst retaining enowh to allow Holy Cross to rebuild tts numbers and giving. Goldstone is aware of the need to Crease nLrnbers and giving to achieve a sustainable fure. Reserv=s Policy Reserves aTe held to enable us to respond to the risk of unexpected downturns or take strategic opportunities as they arise. Any fLmds in excess ot this range are used first to f und capital projects and secondly to support the wider mission of the church. The PCC consider that a reasonalJe level of reserve for BH would be c£120.000. and for Holy Cross c£40.000. and for Goldstone it should be c£lO,000. Reserves (i.e. Funds) for each church are set out in note 9 to the accounts. As shown in note 9. the free reserve shown as the BH General Fund. was £130,000. An additional £IO.000 is being held in reserve to cover costs relatiThJ to a cClerenCe IAshburnham) in 2025. BH maintains one fund to spread the costs of tnaintenance on the church and buildings. During the year we charged £65,291 to this furKI and are aware that we need approximately £300,000 over comirKJ years to meet the Costs of the last
IIIPage quinquennial inspectir)n. The reserves for Holy Cross are inflated by the legacy discussed above. Goldstone's reserves are broadly on target. Reserves may also be used to SUPF)Ort each church in the parish as necessary. FLindraiEino biatement (As requirea bv Chaiiijgs (Pi oieknLiofi ari,d Socia! Inb'estrp,ent) Act 201 6) All f undraising is carried out by the charity and not through third parties. In the current year all voluntary income has derived from members of the church Ix supwrters. who are familiar wfch our work and activtties. The PCC is not subject to any undertaking to be )d by any scheme of regulation relating to fundraising. The PCC has a published complaints policy.. no complaints have been received aboul ow fundraising activities. Environmental Matters We have previously considered Ix)th the impad we have on climate change: and the impact climate change has on the PCC. We still 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. Dur the year BH was impacted by storm damage which had the potential to cause a Serious incident. The increased costs ol energy aflect *Jth the church and our givers. Wherever possible we factor in environmental concern5 into our operatKins and catital works. Environmental impacts are also is considered as part of the PCC risk assessment proces& Risk Management The PCC reviews risk formally twice a year. firstly to consider the overall risk environment and to i(kntify mapr risks. and then later to consider the effectiveness of rk8k management strategies. The top major risks identified in this process were". safeguardin the state of the Church of England and sound doctrine. over reliance on too few people team vvelfare. and skills in IT and digital. Processes are in ee to manage all these risks. although in all thesetasgs the PCC consider that the level of risk is higher than their preferred risk acceptance level. Thi5 15 because either we can reduce likelih(x)d but impact is unquantifiable, or the impact can be softened (e.g. by reserves) but the likelihood is outside our control. As a result. these matters continue to closely m(x)itored by the PCC, and appropriare reserves are in @ate where they can provide mitigaton.
121Page lans fDr fuLU.:e Prriodti The charity plans to continLE operathjns and activities in the same manner: tts aims and objectives remain unchanged. During 2025 looking forwards the charity will explore FK)W the threg churches might work more effectively toaether. specific aim is the effective deployment of the Holy Cross legacy receivable. StateiTanL of PCC rnembers, rSOnsIbl11LlrnS in relation to th- stateTiiants i inanciai Law applicable to charities requires the PCC to prepare financial statements fcy each linancial year which give a true and fair view of the charr(y's f inancial activities during the year and of rts financial pjsrtion at the end of the year. In preparing firwKial statements giving a true and fair vw. the PCC is required to: select $itable accounting wlicies and then apply th8m consistently: ake judgements and estimates that are reasonable arKJ prudent. $tate whether applicable accounting standards and staternents ot recommended practice have been followed subject to any departures disclosed and explained in the financial statements- and prepare the financial statemgnts on the going concern basis unless it is inappropriate to presume that the charity will Contin operation The members of the PCC are respSle for keeping aCcotIr records which disclose with reaS0naEe accuracy at any time ihe financial position of the charity and which enable them to ascertain that the financial statements comply with applicable laws and regulatior)s. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable st8ps for the prevention and detection of fraud and other irregularities. Nick Tucker (Chair of PCC) Date.. ID/*izs
131Page
Coiso idatecl StaieJi eklt 0°. ili all¥ial Aciivities ior t':,'e >'ear ending 31
D
141Page Balanne >neet as ai 31 December ?Oi4 Charfty 2024 2023 2024 2023 Pj assets. prcy I,5.(]1 1.895,IXJI 1.895,001 IP)S,001 Current assets LÈbtors aTrJ Cash hekl as In%esi Cash hekl in bank aCCnts Trrtal CWTertasts 1,218JCI) 360.3É 1.218X 323,516 323,516 1,662,895 461.534 1,642,137 431,874 credtr$ th wtthin C ar 28.140 15,954 28,140 15,955 Netcurrentassetsl (valtJeS) I,634,s 445.WJ 1,613,997 415,919 Toki as%tsl (Iwts"litks) 3,529.756 2.340,581 2 310 920 Represerted Lknrestrkted fut5." (revallK) reseThe Cr uNestricted Tctsl unrestrthd fLw*Is 1,895,4))J ip45,1 1,895,001 I,895,1 327,368 2 222 369 1,340,754 118.212 1.319,996 88,551 Tctsl fvnds 3508.998 2 310.920 The Group figures include the James Hanron memori Trust. a subsidwry regist8red charlty. The rK>tes on pages 18 to 23 form part of these accOS Approved by the Parochiai Church CTrJrril and signed on it5 beham by: Nick Tucker Don Bawtree Chair Treasurer Date '?Lll * l?f.
151Page Casn rlow OLateYen:, a.. 31 December 2LI?4 Totsl fijrth Tctsl fuThJs resu for trt or 1,189,175 37,iY)5 AdjUStMets for: RerI31 arKI I[ert irmme EeLtor (iThTease)I deuease Creditor IreaSe1 (decrease) (104,255) Ill.781) (1,210.246) 4.565 12,186 5.795 Cash flow frcwn oterdurg tKbMtss: (113.140) (53.356) Cash flows from acbvltyes., Rental aThJ inent irmne &ile of f1xeé assets Totsl cash flows frn imestir¥J a¢blI 104.255 I.781 104.255 100,781 Cash flows from fir¥3fK¥YJ acimlies: ChawJes in L¥yrthYir Totsl cash ilw fr( flnarDrwJ actsvil5 CharbJe in cash a1 cash •]thlents (8,885) 47,425 C*Nng cash a1 cash e{WkS Cash cash at the 453,474 406,049 453,474 The change in net debt is all due to change in wh and equivalents as set out above.
161Page Accounting Poliknies (a) Convention.. The finartial statements have been prepared urlder the Church A¢ct)unting Regulations 2006 in accordance with applicab accounting 5tarkdards and the Statement OF Recommended Practe. Accounting ard ReportirvJ by Charities SORP (FRS 102). The PCC is a public benefit entity. The acc(xJnts have been prepared under the historical cost convention except for the valuation of freehold land and buildings. which are shown at deerned cost under the FRS102 transitional rules. Ib)The group accounts comprise BH PCC and the James Hannirvaton Memorial Trust. a separate registered charty which is under the control of the PCC. (c)Income: Donations are recognised on receipt, with asscriated gift aid recoveries. Grants and legacies are recognised when notilied of entitlement. the amount due is qntifiable and its uFtimate recebpt by the PCC 15 probable. Staft time and related costs, provided by BH CWT, is recognised on receipt, wtth a matching item of expenditure. PEntal income ftDm the letting of church premises is recognised as earned. (d)Expenditure'. Expenditure is recogni5ed as incurred. Grants and donation5. 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 Irom the accounts by virtue of the Charities Act 2011. All expenditure ineurred during the year on consecrated or benefice buildirvJs and movable church lurnishings. whether m&ntenance or improvement, is written off as expenditure in the SOFA and separately discloseth-ft4at and txjildings. which are held for continuing use by the PCC (other than Holy Cross Church). have been included at deemed cost. No depreciation is FKovided on Freehold buildings due to their expected life exceeding 50 years. Individual components or irems of equipment with a purchase price of £2,500 or less are written off when the asset is acquired. (f) Funds.. General funds represent the funds of each church making up the PCC that are not subject to any restrictions regarding their use. Designated funds are also unrestritted. Restricted funds are to be used in accordance wtth their terms of trust.
171Page (g) Taxation: The church, as a registered charity. is generally not liable to taxation on its surplus or capital gains. Irrecoverable VAT is inclLvJed in the cost of those items to which it relates. VAT 0Vered on listed building work is offset against expendtture. (h) Going concern: The PCC considers that its reserves and risk rKJlicies are sufficient to ensure that there are rK+ material uncertainties about the church s ability to continue as a going concern. Based on thes assessments arKI havir)g regard to the resources available to the entity, the trustees have concluded that there is no material uncertainty in relation to the appropriator)ess of continuing to adopt the 90ing c(rn basis in preparing the annual report and accounts. {1) Judgements and Estimates: The main I1gements applied in these accounts relate to the recognition of income and expenditure as set ¢JJt above. and the treatment of consecrated properties and related fixed asset expenditure. These judgements have been informed by accounting guidance prescribed by the Business Commtttee of the General Synod in their guide to the Sorp 2015.
181Page Jotes to t*e acco'JtliS iof -Lh8 yèar endir,g 31 D8c&mber 2v24 l. Income Income inclu&s a legacy for £1.2m due but mt yet received by Holy Cross. Income does not include the extensive volunteer time contributed by members of each church. The PCC has been notrfied of ¢)ne legacy of £IO.000 which is not recognised nd1Th3 clarification of the estate. Other income incleS payments for events and y(Krth ventures. 2. Analysis of eXFWltur9 2024 2023 Paj to dioce5e- parh sha 124,835 121,176 Other stsff cc6ts. SrKkKling accrmrTrxtsiion 273.506 299,493 Min6try costs, exdLKliNJ #aff 54,426 32.054 urth hall mointenano. g1iiwEnt I4616 114,413 17.137 19,555 ants to rrther organisatk)AS 75,948 85,102 G)Verr1an cc6ts 15, 674.367 Re5trKted eyn(Iture induded atThe". 211,399 (PY.. 267,607) Explanation of costs= Paid to diocese - parish share: covers ordained staff and related support from the diocese. Other staff costs. including accommcxlation: IllleS all other costs relatiryJ to staff. including payments to BHCWT. Ministry costs. excluding stafl.. 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 limrt. and other maintenance on related buildings. Office costs (support costs): overheads. Grants to other organisatK)ns: these are mainly grants made by JHMT. During 2024 only one
191Page grant over £5,000 was paid: £IO.000 to New Growth Ministries from a restricted gift. Further details of our grant making activity are set out in the annual report. GOvernae costs inclLLle the cost of the audit £IO.000, (2023 £1.800 Independent Examination) 3. Staff costs for the y 2024 2023 Wages and salaries Social S&urity 166.643 182,267 8,285 10,198 ContribJth)n to defined c¢trul10n pen5W 5dvrE5 10,998 11,880 The average head count (rK)t FTE) employed by the PCC was.. 9.25 (PY 11.0) No staff member received remuneration in excess of £60.000. Clergy are office holders and their cost5 are included in the amounts paid to the diorese. Ono member of staff is employed throwJh a related party, and their costs are excluded above. thcxJ9h inclthed in overall staff costs. Staff costs disclosed in this note eXcle trainirg. expenses and other mtrernployment related items. There are no 'key management personnel- as defined by Sorp 2015 (Second edition 2019). The vicar s stipend is met under ChLrch of England arrangements and not by the PCC. 4. Fixed Assets These cornprise the following land and buildings held at '¢ost" (under the FRS 102 transitional rules. this is the market value as at 2014). Vicarage Fbuse f(x staff trbty Cross ASlate VKar trt Youth cunmunTty centre arKI fiat 82, Fl)Imes ), Fblme5 AvenL 43, Pt¥Jarth Road 38. Fk)Imes Ave 550,0¢)0 3,000 s,000 495,000
201Page Holy Cross Church is an asset ol the parish. kyJt is not included at()ve as r( is notionally valued at £1 Some of the above proFerties are let oul commercially when not in use by staff. As the intention is to retain these properties for the chLwch s own use. they continue to be treated as functional fixed assets. All properties listed were or*3inally wrchased using an appeal to establish an evangelical church in the area and subsequent growth. This restriction is in line with the core activities of the PCC and the proFerties are therefore rK)t treated as restricted funds. S. Debtors 2024 2023 I,2(,000 18,309 Other debtors a1 prepayrnents 6. Creditors Amounts 1 to th'rd Accruals 20,140 8,000 28,140 14,154 1,800 7. Analysls of net assets by furd nt year- gr(•up fuTKIs fund5 Totsl fund5 Fixed assets 1,895,(WJl 1,895,(KJl 322.141 1,340,754 1,662,895 Current latilths 3 529,756 Prlor year- group Fix&1 assets 1,895,(M)I 1,895,(Kll Cuffent assets 343,322 118,212 461,534 Current Ilatx'litrés 15,954 15.954 118 212
211Page rrent year. charfty 1,895.CX)I 1,895,CK)I Current assets 322,141 1.319,9% 1,642.137 CuTrent Ilabilrbes Prlor year. charfty Flxèy wets I,895.1 1,895,thJl Current assets 343,323 88.551 431,874 CtTent liabiljti 2,222,369 88.551 2 310 920 8. Related Party Transac me 2024 2023 CScri Nd(Tucker aTrJ hn £3,919 £2.n9 TriGtees Al. a bcal Clw&ian IA)rthp. tJJriThJ r we h&J am5 transactijns with &JDks Alive The amount owed to BcM)ks Alive at thg ywarnd was £1.114 IPY.. £624) Donations received from PCC members are not disclosed since they are part of the rborrnal giving by any chutEh member. they (kj not inlluence the activities of the chLJrch. and Biijical principles mean that givers are never identrfied to PCC or other church members. No trustee has received any remLneration or other beneftts from the charity. The wife of one tTUStee. Geoff Payne, is a part time employee of the PCC. There are other trustees (r.e. PCC members) in common with other charities. The circumstances are such that related party transactions are immaterial and further disclosure is rt required. One member of staff is still paid throwJh BHCWT". the amount is not disclosed as this is akin to an a9ency arrangement.
221Page 9. Funds analysiB Unrestricted Funds frt before transftt Trnn5fe cbsfS cne1 fl 116,016 123,217 74,9)1 340.186 278,614 65,7Ji 102.921 61,572 {65.2911 {28.274) {47.588) 47,588 Captal proFcts BH 105.514 74,647 46.227 122 General fun& fklklstce 327, 463,L 4.429 (33.367) 294,CpJi Irevairatvm) BH 2 222 463 (62 The numbers above exclude transactions between the churches. The funds of each church are treated as part of the gerteral funds of the PCC. The BH capital prqects fund is financed by legacies and transfers from the BH general fund as reserves permtt. Restricted lunds SU$ Iitht Tranrs Ck6irnJ 99598 40207 1,251 40J02 1,191.143 40302 1,201,120 Crrss ChLrth 9.977 1231,350 frAd5tor CMrth 1.251 29.ffil 20,7S8 1262.180 1433 941 zii Trtal fvrnts 1 189 175 3 451 182
231Page Restricted Funds Comprise EVTrJlre SwF4LS Idefiol Trnnsfer5 a05irg B. Assctiate Vkar FurKI :kèrtship hJTr . Christian w*£r5 '. Wcy fuTrJ .. families. admin & ms5 69.563 8,310 21.767 21,767 2.902 91.330 11,212 91,932 I,2,((0 31,350 94.932 I,xo,its) 18,857) I2,0 1,120 9.977 40,207 1,251 70343 jHr &4.. Ottv small f 29.&$1 701 61.4140 {8.9J31 20,758 16,334 118.212 l.433.941 211 1.222,542 The BH Associate Vicar Fund is to pay for a future person in that role. The BH hardship funds provide supwrt for those in need. The BHCWF contributes to notrordained staff costs: income includes a £IO.000 legacy transferred from CWT The Holy Cross legacy fund comprise5 a legacy. The Families fund £1.120 (£9,977) meets the costs of the yoJth minister. The Holy Cross opening balances on the mission fund (£704) the Administration fund (£2.100) were spent in the year. JHMT is the James HannIngtC Memorial Trust. a separate registered charity (284183) supporting mission mainly through grants. BH other small furKJs iludeS the 2025 Ashbwnham Injse party appeal Transfers (2023) represent reallocation of okj fund balances Comparativ& Information BH: A5knte Wtar 69.563 69,563 BH:Hardshp furKI BH.. Chfstpn workers fuThl 8,238 39,522 6,435 8,815 8,744 134.011 71 8.309 (39,522) 3,543 HC: famks, admh & mssx)n Gctlstone.. mssbn aThJ mn5ty 50.149 146 9,978 146 (589) JHMT 44.805 62,9)7 78.051 (15,144) 29,E61 BH: Other smal fLW 2rKJ 550 49 501 701 5891 118 212 286.619
241Page A.uditor's Raport THE PAROCHIAL CHURCH CCLINCIL OF THE ECCLESIASTICAL PARISH OF BISHOP HANNINGT(JY MEM(%IIAL CHLRCH, HOVE INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF THE PARCEHIAL CHUFICH COUNCIL OF THE ECCLESIASTICAL PARISH OF BISHOP HANNINGTON MEMORIAL CHURCH. HOVE OpirHon We have audited the f inancial statements o* The Parochial Church Council of the Ecclesiastical Parish of Bishop Hannington Memorial Church. Hove Ithe 'charity') and its subsidiary {the 'group') for the year ended 31 t)ecember 2024 which comprise the group statement of financial activities. the group balance sheet. the charity balance sheet. the group statement of cash flows and the notes to the financial statements. including a summary of significant accounting wlicies. The financial reFQrting framework that has been applied in their preparation is applicable law and Untted Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland Iunited Kingdom Generally Accepted Accountiro Practice). In our opinion, the financial statements.. give a true and fair view of the state of the goup's and the charity s affairs as at 31 December 2024 and of its incomirwJ resources and applicatK)n of resources, for the year then ered. have been properly wepared in accordance with Ur)ited Kingdom Generally Accepted Accounting Practice- and have been prepared in accordance with the requirements of the ChpArifies Act 2011 Basls fcK opinlon We conducted our audtt in accordance with International Standards on Aucfiting (UK) (ISAs (UK)) and applicable law. Our resFmsibIlit1eS under those standards are further described in the Auditor s responsibilities for the audit of the financial statements section of our report. We are iThJependent ol the group and the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard. and we have lulfilled our other ethical responsibilities in accordance wich these requirements. We believe that the audtt evidence we have obtained is sutlicient and appropriate to wovide a basis for our opinton.
251Page cOrusIOnS relattry to gorg concem In auditing the financial statements. we have concILd that the trustees. Ljse of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have perforrn8d, we have not identified any material uncertainties relating to events or conditions that. individually or collectively. may cast significant doubt on the group's and charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibiltties and thè responsibilities of the trustees wtth respect to going concerr) are described in the relevant secrions of this report. Othr infomiat The trustees are responsible for the other information. The other information comprises the information included in the Annual Report. other than the finala1 statements and our Report of the Independent Auditors thereon. Our opinion on the financial statements doe5 not cover the other information and, except to the extent otherwise eXp11t1Y stated in our report, we do not expres5 any form of assurance Conclusic thereon. In conn&ction with our audit of the financial statements, our responsibility is to read the other information and, in doing so. onsKler whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If wie identrfy such material incon51Stencies or apparent material misstatements. we are required to deiermine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the vvork we have performed. we conclude that there is a material misstatement of this other information. we are required to report that fact. We have nothirg to rewt in this regard. Matters whth we are required to reixxt by exceptlon We have nothiTh3 to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion= the information given in the financial statements is inconsistent in any material respect wrth the trustees report. or sufficient accounting records have not been kept,. or the financial statements are rK)t in agreement with the accounting records,. or we have not received all the information and explanations we require lor our audit. Ae$ponsltAiitle8 Ot trustees As explained more fully in the statement of trustees reSnSibIlities. the trustees. are responsible I the preparation ol the financial statements and for beirg satislEd that they
261Page give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material MISStatent, whether due to fratjd or error. In preparing the financial statements. the trustees are responsilJe for assessing the charity's abi.ity to continue as a going concern. disclosing, as applicable, matters related to going concern and using the going concern basis of accountiro unless the trustees either intend to liquidate the charity or to cease operations. or have no realistic alternative ljjt to do so. Audltor'É reSP1b11ltles flx the of the flnartial staterfnts We have been appointed as auditor ur)der sectK)n 144 of the Charities Act 2011 and report in accordance wfch the Act and relevant regulations made or having effect thereunder. Chjr objectives are to obtain reasonable assurance al(l vihether the financial stataments as a whole are free from material misstaiement. whether due to fraud or error. and to issue an audttor s rewrt that includes our opinK)n. Reasonable assurance is a high level of assurance LyJt is not a guararbtee that an audit ¢orvJucted in accorda with ISAS (LIK) will alway5 detect a material misstatement when it exists. Misstatements can arise Irom fra or error arKJ are considered material il, individually or in the aggregate. they could reasonably be expected t¢ influence the econorn decisions of users taken on the basis of these financiai statements. Irregularities, including fraJ. are instances of rorrtompliance with laws and regulations. We design prwedures in line with our restKJnsibilities. outlined above. to detect material misstatements in respect of irregularities, inclLKling fraud. The extent to which our procedures are capable of detecting irregularities. including fraud. 15 detailed below. In identtlying arKI assessing risks of material misstatement in respect of irregularities. inclLding fraud and noncompliarce with laws and regulations. our procedures included the following.. Obtainiro an understanding of the gaI and regulatory framework in which the charity and group operates. fcrusing on those laws and regulations that had a direct effect on the financial statements and OFerations,' Obtaining an understanding of the group s policies and procedures on fraud risks. including knowledge of any actual. suspected or alleged fra.. and Discussing among the engagement team how and where fraud might cur in the financial statements and any tentl indicators of fraud through our knowledge and understanding of the chartty and our sector specific exwience. As 8 result of these procedures. we considered the opportunities and incentives that may exist within the group for fraLd. We are also iequired to perform 8pecrfic predureS to respond to the risk of management override. As a result ol performing the above. we identif led the following areas as those most likely to have an impact on the linanckal statements: compliance with the Charitie5 Act 2011 and the Charitie5 SORP (FRS102). In addition to the above. our procedures to respond to risks identitied inclL(Jed the following:
271Page Making enquiries of management. ab(yJt any known or suspected instance5 of nor compliance with laws and regulations and fraud: Reviewing minuies of meetings of the t(Jard and senior management; and Challenging assumptions and IeMentS made by management in their signifrcant accounting estimates- and Auditing the risk of management override of CCtrols. including through testing journal entries and other adjustments for appropriateness. Due to the inherent limrtatK)ns of an aLrdtt. there is an unavoidable risk that some material misstatements in the firwicial statements may not be detected, even though the audrt is properly planed and performed in accordance with th8 ISAS (UK). For instance, the further removed non*ompliance is from the events and transactions reflected in the financial statemeftts. the less likely the audrtor is to become aware of it or to recognise the norr compliance. A f urther description of responsibilities is aVailae on the Fina181 Reporting Council's website at.. https.'//wWw.frc.g.uk/aVdorsreSponSIbIItIes. Thi5 description forms part of our audf(or s reF)Ort. Other matters The financial statements of the 0P arKI the charity for the year ended 31 December 2023 were unaudited. Use of our reFQrt This report is made solely to the charity's trustees. as a body, in accordance with part 4 of the Charities (Accounts and Reports) Regulati<y)s 2008. Our audit work has been urKlertaken $0 that we might state to the charity s trustees those matters we are required to state lo thgm in an auditor's report and for no other purpose. To the lulle5t extent permttted by law. we do rK)t accept or assume responsibility to anyone other than the charity and the charity's trustees as a Ix)dy. for our audit work, for this rep)rt. or for the opinions we have formed. bLaw 241,,1 20LI Ftjbln Evans BA FCA CTA tKhA IS•nlor Sts14rtwy Audlt<>r) for and on b•hall ot Sumer Audlt Chartered Accountants (Statsrtory Auditorl Ylorthing Sumèr Audit 15 the tradSng nam• of Sumer Audttco Llt