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2023-12-31-accounts

(larity Yryistrltion oumbtr 1131090 THE PAROCHIAL CHURCH COUNCIL OFTHE ECCLESIASTICAL PAIUSH OF WORTH, POUND HILLAND MAIDENBOWER ANNUAL REPORT AND u￿AuD￿ED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

THE PAROCHIALCHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WORTH, POUND HILLAND MAIDENBOWER LEGALAND ADMINISTRATIVE INFORMATION Trustee5 R¢vd. M J B￿8 Revd S S Peiissicr C S Smith DrA M WilkiThson E Galla R¢vd. tk GJ Sawy D l AThJen lievd F Pole RcYd.GWmnP DFry J SbnfNd Ch•iity 4Mb¢r 113109J •ffire Wonh RoL Powha Hill. RHIO 7DY H*rdingACA FCCA tKJLA Ri¢h¥d Pl¥¢ S¢ryK¢s Limiied Crawiey cst Suss¢% iiHIO IHT

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WORTH, POUND HILLAND MAIDENBOWER CONfENTS TnL#ffs' T¢￿rt l1vk￿￿t ¢xamin&s fft Stst¢m¢nt of fin￿101 ￿1¥111¢$ Balance sheet NotH to th¢ fiTwKial 7-19

THE PAROCHIALCHURCH COUNCIL OFTHE ECCLESIASTICAL PARISH OF WORTH, POUND HILLAND MAIDENBOWER TRUSTEES. REPORT FOR THE YE4R E]VDED 31 DECEMBER 2023 The Trusre¢s rni tkir T¢tyt fiThancial gwnents for they￿eR￿1 31 December 2023. Tr riNNial stattmeL#S have bcett prt[￿￿ in a¢¢ordx¢ with the tdici¢s s¢t in the fIna￿l81 sthiements arKi wmply with the clwity's ik Par￿41￿[ Church Co￿til Powers Mea%ure 11956) ￿ arncnded and cknhes representhiion Ruks, Tharilic5 Ad 2011 and -Ar￿M]nting arml Rqx)rting by CThiiiti Staknieni of Recommcnthd Praciice applicabk ￿ charities pyeparing thcir acwJnts in ￿￿)rd￿ with th¢ FinwKial R¢p)rtin8 Str4thrd applicabl¢ in the UK and Rqjthlic of IfelaN4 (FRS 1021 leff¢ai￿ l 20191.. Objrttives nd ¢tivlths Polities and •bjettiv¢s The primary purpose of thc P¥othial C1M￿h CourKil (T￿￿¢¢$) of the E<¢ksiasti¢ol Parish of Worth. Pound Hill Maidethivtt is of th Cyl of IAxd Jesu5 LThrist thE thtrint$ 4Th1 ￿%1¢¢$ of the Church of Englothj. Itl setting ObJ￿xi¥¢S platming ts xtiVilie& ts PCC mtmbets have given ¢￿81￿ratIon to gcncral guidpncc tthlished by Charlty CoThrnis5ion rdating to WIL i￿1￿1n8 the 8uidartce'Pd>lic I￿r￿fil. rurnir8 a chariry IPB2)'. Strnte%lÈs fortblewing obiettives The Parish has two C￿tres of v4Drshl￿ the Parish Cjwxch ofst NK4th Worth Church of Si Barnakn,. Hill wilh the I¥￿¢r$i1¢ enc¢)MtASsi￿ a hall. ffleeting KI aufe. The Trt￿tr$ have paid due guidw isgtil by tht commi&$￿ in dc¢idit¥ li'h￿ aaiviiic5 the charity 5IK>uld unLkrtak¢. AÉtivitks uAdert•k•• to ¥&i•v• •bjerlive5 The PaT￿hla1 Churth CourKil is r¢spMsiN¢ for the ministry of C￿)r¢b¢S for the CIMJrth ￿lIdIngS. Ti is also reswnsible for the associated land and bJIldi￿ ar¥J for somc of ¢>f pro￿1]¢& ownrd by the ch￿￿h ol. England for us¢ by the clergy. Mxln actlvl¢l¢¥ to fllrlkerthe Chrity'J pnrp•ses f•rtht p•blit btme The CfrwJrdtr￿ w¢ ar¢8ulzr I￿ts for W￿ShiP CMIM￿lty ¥AiVitie& A¢hievemeDts •Dd perf•rrnAtt AiieThknc¢s ai Sunday arKI w¢ck(kny Ewlwists have to imtDve ncw rnt4Thbers have wekomtd * ￿￿h chuTth¢s. W¢ddings, iwism$ fimeral servi￿$ ar¢ th¢ I￿lIdin￿ at St contiThJe to be hired out to a multiludcof local ¢)rganisatiot Fl¥xcknl b%Vitw Colog coneer Atltt making appro]xiat¢ ¢rwiriA the PCC manbers have a reasonth ¢xF¢¢ty￿rt that the Charity h&s athque resources to ¢ontimic in 0￿r￿LOnal for the ftm¢¢ f￿￿e. For this thty eonti]M to )pt the 8OinB rKern bosis in prepjring tIK finwKia ststcm￿ts. Fwtsddai15 rwrdin8tt ath)piin of the80in8 concem t￿lS can be found in the ￿untIng policie5. Ruervts polity It is the p)li¢y of th¢ P¥o¢hio1 a¥¥¢h CowKil to mairnain a balance of free reseryes to wver may)r finthrt¢ial risk& The rcs¢ryes are regularty reviewed ￿ ¢JLsure th¢y ￿ rn•intain&l al an xceNknle level. These free rt%rvc5 are w¢5ently at a very low l¢vrl at I￿$ than tlee Nvmal a¢Xivity. li is the irtention ofthe PCC ￿ rebjild rc5erYe5 ¢n 2024. ITr line wilh the Re5¢rvts Policy. In LM¢si Gift Aid rrill be ciaiDxd 8nd thett will effort5 madc w incrca8e ngreg*lL￿1 givit

THE PAROCHIAL CHURCH COUNCIL OFTHE ECCLESIASTICAL PAIUSH OFWORTH, POUND HILLAND MAIDENBOWER TRUSTEES, REPOEtt (COiYTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 PriDeipl fiwdiug The Parish made a deficii in the year of £186.118 in 2022 of£5.013l Thi$ is up fmm o d¢fJ¢it io Unr¢stri¢tcd fiJThd8 of £41.512 {sutpl￿S in 2022 of £IO.397). a defKii in Rcxrictrd of £144.853 Id¢fi¢il irt 2022 of £5.034) and Surplus in Eknmert furwjs of £247 Idcficit in 2022 or £350). The Tn¥ttts hav¢ assessed the major risks to M'hich thc cjwity ar#1 ae SisfLed tha¢ 5yStans we in pl￿¢ mibgaie &xpJsure ttsthe rnaj￿ risks. C￿stit￿li0 Th¢ Paro¢hi#l CThuwh Courtil of the E￿¢siastiCal Pwish of WonlL Hill & Maida)Ly)w¢r is a registered charity. number 1131090. aThJ is ¢onstituted unthr aTTr￿1 decd. Th¢ Tru#vs servoj Ihe year thj w to the datc of signwcofthe fin8ttial wwe: Rcvd M J Boa8 Revd. S UFKhur¢h S P¢li5sicr Cssmith DrA M vfilkinson E Gallagl Rcvd. Dr G J Sawyer R C Wells D l Andu5 Revd. F Pole R¢vd. G Winn Pa DFry J Stanford D Hewerdtne (Resi￿1 14 ju￿ 20231 Meth￿$ of pp•lilMe•t orektti•• of Tr•sttts The mana8em¢ni ofihe Charity is * wrA)N8ibility of the PCC Tr1¥) are cleaed c(wied ihc terms of th¢Tn￿l deed FIN•mrl•l risk The PCC members h8¥e assessed th¢ mw risks ¥) which the Ch¥ity 15 ex￿5￿ in Wlicular those relatd io the OWi0Th8 finances Df the Clwrity, aThJ are salL5fKd systrms in pla¢e ￿ mitigate ex[A￿]re to the major risk& Pla￿$ f•r porlDds The PCC m¢mttrs we ￿l$r￿d th¢ Fwgrc55 of ￿ Clmwch tsing the Ye￿ major oYsKcted in thc ¢omin8 year. n was approvd by Btsard of Twustre R¢¥d. M J Bolt Trus

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WORTH, POUND HILL AND MAIDENBOWER

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WORTH, POUND HILL AND MAIDENBOWER

I report to the Trustees on my examination of the financial statements of The Parochial Church Council of the Ecclesiastical Parish of Worth, Pound Hill and Maidenbower (the charity[) ] for the year ended 3 l December 2023.

Responsibilities and basis of report

As the Trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011[(] the 2011 Act[)] .

I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Chari[ty ] Commission under section 145[(] 5[)(] b[) ] of the 2011 Act.

Independent examiner's statement

Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland[(] FRS 102[) ] in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on I April 2005 which is reterred to in the extant regulations but has now been withdrawn.

I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after I Janua[ry ] 2015.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come across no other matters in coMection \� ith the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Darren Harding ACA FCCA DChA Richard Place Dobson Services Limited 1-7 Station Road

Crawley West Sussex RHI0 IHT

Dated: ........... 27/06/2024 , .. ·�•····· ..

pag[e 3 ]

THE PAROCHIAL CHURCH COUNCILOFTHE ECCLESIASTICAL PARISH OF WORTH, POUND HILLAND MAIDENBOWER STATEMENT OF FINANCIAL AcfIviTIES FOR THE YEAR ENDED 31 DECEMBER 2023 CirrMt fw•til y¢ar Tol¥1 Total ds 23 202J 2022 tk)naiions and legaries CTharitablc aaiviiies Inve51mems oth￿ income 67J52 75.039 3.460 8.026 14293 81.845 75.039 3.460 8.026 102.192 81.921 1.146 3,823 T•tsl 154.077 14293 168J70 189.082 Charitsble activiti 195.589 159.146 354.735 183.719 Net gain￿(loS$e$} on Inv￿1[[￿ 247 247 1330) b¢for tsnsfrrs 141.512) 11443531 247 118&1181 5.013 Gross IrarLsfers b¢tw'¢¢n fut 1136) 136 Fund bala￿¢5 * l Janwy 2023 48.057 21KI.512 1624 251263 246250 Fund ba1￿Ces Atjl Dttember1•23 55.865 2.871 65.145 251.263 The StM¢￿ orrwwKiol xtivits tsKlthall 8a$n$￿ b)$5C5 rwo8niscd in theyear. All and ¢xtthJi¢w¢de¥ive fn)m ¢(￿l￿11p&￿1Vilic

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIAsficAL PARISH OF WORTEL POUND HILLAND MAIDENBOWER STATEMENf OF FINANCIAL AcfiviTIFS (CONTINUED) FOR THE FEAR ENDED 31 DECEMBER 2023 Prior fil￿¢1#1 yelr 2022 X122 2022 Donations and lewics Charithble activiiies Inwe5tmfflts 29.198 102.192 81.921 81.921 l.l46 3J23 3.823 Totsl intorne IYJJ84 29.198 189,082 DdltDYt ••: Chariiable activities 149.487 34132 183,719 Netgain51llosse51 on inv¢stmcrt5 li 1350) {350} Net (outgoithtyl¢tr￿knl rts•4rtts btf• trAnsfe IOJ97 15.034) 1350) 5,013 Net hAds IOJ97 (5.0341 (3501 5.013 Furwj t￿11￿¢¢$ ￿ l Janw 2022 37.6 205.616 2.974 246250 F￿￿ blfytes A• JI Dee¢Aber2022 48.057 2(Kl.582 2.624 251263 Th¢ stat¢mcnl of flnancial ad1vill￿ i￿]￿3¢$ 2118sinsbl losses recogni￿ in the year. All income derive from coNinuin8xliviti

THE PAROCHIAL CHURCH COUNCIL OFTHE EcCLESIA￿[cAL PARISH OFWORTH, POUND HILLAND MAIDENBOWER BALANCE SHEET ASAT31 DECEMBER 2023 C4rT¢tht sts Dcbto Investhients C&th at bank and in hand 14 Is I lJ81 1871 75JIKI 5.771 2.624 248.435 89.752 256.830 Crwliton: f•lliry wlthi 16 124.607) {5.5671 currerti &8LS 65.145 251.263 CphAI h•d5 Endowmcnt fvnds 17 2.871 2.624 Restrietd fi￿$ nrcstritled fun Desi8M¢ed fiLnds Generdl utyestrided fthjs 55.865 200,582 19 2227 4.182 11.724 36J33 48,057 65.145 251.263 The fuwcia atrmenLS w¢re apryoved by th¢Tn**¢s ￿................... ... vd. M J Boag pJ¢e6

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLES1A￿IcAL PARISH OF WORTEL POUND HILLAND MAIDENBOWER NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Attoulltlllz polities Chrhy fornitio• The Parochial chU￿h c￿￿￿11 of the Ecck5]a5ti￿ PaTi5h of W(¥iK Hill IAai(kTknwv is & ￿bIle Ixntfit The financtai stotements have been ￿￿y￿1 ITr WRth the the Pwf>thia] Clnrch C0￿clI Poww5 Mtt8ure 119561 &s amended and churches re[￿eSen￿10Tr Kule5, Chariiie5 Act 2011 arkd'ALrounting and kry￿rtINg by Charities". Staiemetth ofRtcommcrtded Prxti¢c aHylic&)ie th chariiics preparin8 their accounts in accordan￿ with the Financial ReryKtin8 Stsndard atwicablc in ihc UK atJ Ryblic of Irdand IFRS 102) (effcctivc l January 20191.. The dI￿ry is a Public Benefit Effjity as d¢fJned by FRS 101 The ¢hority has taken ￿Va￿tr8e ofthe povisM)rts in th SORP (or dwiiies applying FRS 102 UrAlaie Bulletin I t￿1 pr￿￿ a s￿l[Le￿or Cash Flow& Thc financial 5thtcmcnts have dcpwlcd from th¢ Llwi¢i¢s (A¢¢owL% •KI Rerrfjrfsl R¢gulaiions 2[￿8 only to th¢ ¢xteni required to ryovi(k a MI fair vi￿. This ¢F￿ has invdv¢d fvlknwing the Statement of Recommended Practice for chariiies applyir8 FRS 102 than thc VU5￿ of the of R#￿mme1¥￿d P￿tire which is refenrd ￿ itt Ihe Re$￿il￿on$ but wh￿h has $i￿t wittthw Th¢ fiNn¢ial stht¢m¢nts •e ptepartl irt Stetil￿ is the of the thariiy. MorKtary amounts in th￿¢ finaKial 5&t¢￿¢￿ts ar¢ Tou￿ nEaTE￿ L The finarKial stat¢mus hav¢ pr¢pared uT¥kr the histrwical com wnvoion. [modified w In¢l￿k the revaluation of trceknld prorKrtie5 and to inclth inve5tmcrt Ffffti¢s and certain financial ins¢Nmen¢s at fair value]. Th¢ prin¢ipal acti)iin¢ing p)li¢ies set oth bekmv. 1.2 G•kni ¢o¢¢rn At the lim¢ of apwoving the fLn8n¢ial the T￿￿¢¢$ ha￿ a exp¢(tsiion that th¢ ¢harity has adtqualc resources to continue in OFtfthwJnal ¢xisterKe for the forese¢th fv¢ur¢. Thus the Ttu4rtS ¢4)ntinu¢ io adopt the 801nguyr￿n IJasi5 of ￿e0￿lting in prepwingdK finwKid 5tatcrn IJ Chlritsbk Gw¢Trl fund5 art ffftd¥ which ar¢ avai￿le fry ust at th discrdim of the Tnwe¢s in fUffhe￿¢ of the 8¢Tr￿1 objxtiv¢svf tk Clority ond whi¢h hav¢ desi8ned for Ot￿r pwX)S￿. D￿8￿￿ed fthlds comwise utYtsvKkd have trrten set &si& by the T￿￿ for Fyrticular WTP)se& The airn atyj us¢ofea¢h desiwwed fvNi is sdout in th¢￿￿ ￿ the filw￿la] swemerL8. Restricied aye fijnds which ate io be in xLI)rdw￿ with specifK restrictions imFosed by thnots or wh￿h hav¢ been rws¢d by IIK Chrity for wicular The costs of nising a￿1 admiThisTering such fu￿j5 are charg a8aiA# the S￿¢if1£ fu￿J. The aim atwj ocexh reAricted fiuMI is sa in th¢ the slatemcnt& Etthwment are yd¥ttE to specific the capital bc rnatrrtal￿d by thc cbarily.

THE PAROCHIALCHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WORTH, POUND HILLAND MAIDEIYBOWER NOTES TO THE FINANCIAL sTATEmE￿s (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 A¢¢o4•tli polkits 1.4 Intone AII L5 r¢co8Thiscd once the CThity ¥itkm¢nt to th¢ i[Kyj￿ li is w(rthl¢ the in¢ome will k rcccived and the Thunt of income rt¢eiv ¢an k JDcasured T¢li&bly. The recognitiort of income from Icwies is on ¢strblishing ¢NiiiemeTht. the tKobability of rtteipt aThJ the ability to estimate with suffieiem Y￿e1v&￿e. EvKknce of entitlun•)i ￿ a l¢gxy exists when the Charity h&$ sutYi£i¢nt ¢vid¢n¢e thai a gift has bccn Icll to thcm ithrough of ihE ¢XiStenLr of a valid will a￿1 the deah of th¢ bet￿￿rI and the Lxcculor is ￿1sfIed tha the prow in question will noi te Twuired to s4isfy ¢lairtLS in th¢ rslate. Re￿Ipt ola legxy MLW be r¢cognis¢d li 1$ F¥tk that it will k received and tk fair value of the amount recei¥abl4 whith will gU￿bIY t¢ cayh ￿0￿rt to be distrilmttl to thr Charity, can be reliably me&%ured. C&sh (kniions are reco8nis¢d ￿ ttceTO. OdKr thniorL¥ are recyygnistsl OJe th¢ thawity has E¢en rntified of t donation. unless pert(>Trrwitt corwjitions reqlU￿ thfcrral of tht arno￿L IncThM¢ lax rccoverable in Tel￿10n w donaiions r￿CIv￿ wi(kr GitlAid ordeeth of covenart is reowis¢d at the time of the Lcgacie5 are ￿gnised on r¢¢¢ipt or oth¢rwis¢ ifthr dwtty has been r¥Mified oran imrthding dEstribut￿. thount i5 k[LoW￿ and re&%iy If 15 kIb)w￿ the k8xy is ueed as a ci]nii￿nt a55¢L IS ExpeNdit•re Expendiiwe is recwised rrtK¢ thot is * or th￿tt￿lYt0b]igal1Qn to transfer eeotKMni¢ brnEfit lo a thrrd party. il is probable that a fr3￿fer of ¢rOT￿mI( will te required in s¢NE¢m¢nL and the arnount of the obl1￿10n can be m¢asw¢d rtliabty. ExpeThJitiire is da8sified bv adivity. Th¢ rosts of xliviry are m ￿ of the lo￿ of rosts and shwed costs. irKI￿lIn￿ supp)n Costs i￿￿1Ve￿ in undcnaking cach xiivity. DI￿ cosis attrib￿1¢ to a single aclTrvity art alloca￿d dir¢¢tly to that aaivity. Shar¢d coms which CoNrIb￿ ￿ mthr adivity and suppon costs whi¢h ar¢ t)ot aitritrtjthble io • $iThgle ￿tIvIty arc aprKJrtiotKd bdwea) tknse &ivittCs ￿ a basis consi5teni with the us¢ of ￿sourCes. Ccntral staff costs are allocated on the lsi$ of lim¢ srt aThJ dcwuiaion chwges are alloc¥ed on the p)rtion of the a58el S Use. Expenditur¢ (bn ¢harithk arfivities is irKuwred on ditecrly a¢tivities m.hich the obj¢¢iiw¢s. as M"dl ￿atty asaKiad 51TWKYrt cosi AII CXFwublitiire is ittlwiv¢of wffcov¢rnbk VAT. 1.6 Cssb and cgslb tq¥fv•k•ts Cash at bank and in haThl I￿[￿ Cash aThl sfv)rt4emb highly liquid investhKnts ivith a matwity of ihrtt mon or Icss from the thteof4uisilioD or ¢)￿￿]ngOr￿t dep)sit or similar xeow)t. 1.7 Fill#Ncial iN5trwTremts Thc Chwity onlv has finarKial assets •hl f￿￿1¥1 liabilities of a kiryj that qualify as basic financial in#ruments. Basic r]r￿n¢la1 In￿rUmen1S are iniiially ff¢o8nised Val￿ sthsequtsmly meLSLYrd ot their 5¢tt1¢ment va] with the exceplion of loans whi¢h ar¢ 5ubse<wtly ai amortised C(￿ tk effcdive in*rest method.

THE PAROCHIAL CHURCH COUNCIL OFTHE ECCLESIASTICAL PARISH OF WORTH, POUND HILLAND MAIDENBOWER IYOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDEJJ 31 DECEMBER 2023 Act•￿￿18 p¢lkks IC•Atitsued) Liabiliiies aff re¢ogDised Wh￿ is an Obli￿l￿ & the Bala[￿ shc¢t datc as a ¥e5uIt of a p35t ¢venL it is pmbable tr￿sfer of ecoM)mi¢ txfii will be requited in aTrJ the awKywLt of the scttlemcnt can be eMim•t¢d rcliably. Liabiliti¢5 arc rcEognised a¢ tlx the (hrity •iii¢ipw li will pay to xttle the debt or the #mount it has Provisions are measured at tl of th¢ r¢wirul Lo settle the thli8ation. Where the effcci of the tim¢ value of nK)ney is materral. the provision is bA5d th¢ value of tlk)se amothlts. discountrd * the prc-t&x diseouni rate th21 reflttts the risks S[￿lfIC to the liability. The wwiThJing of the dis¢owM 1$ r¢¢ognis¢d in Ik Siatem¢ni of fThncial activities as a finance COA. IA Emphyet bewefits The of knliday cnt1tkm￿I is Tecwixd in th¢ Fa¥Jd in Ivhi¢h ¢h¢ ¢￿￿0Y¢¢,$ s¢rvi¢¢s are r¢ttived. Terniination btnefiis are rtCO8niscd immediaiety as an CXFtnsc dwity isdthnonstrabty wmmtlled to twninate the ¢mploym¢ll¢ of ¢mploy¢e OT io wJide temiitmtion benefiLK 1.9 irne5 Rcniajs poyabie 0￿￿1￿8 l¢&se& ]￿ludIng itKentive5 receivaL aTt e]wged as 8# expense on 84 sirai8hi lin¢ t•sis over ihe tem of the r¢]¢vx Iw¢. Critiul accouiti•z ITr the applicb)n of the chwity"s ￿￿11¢1￿ thv Trusw art wiirtyl to mak¢ jmems eyims a￿￿ aswmpiioThs atM)ut the earryin8 amouni of assets liabiliiies that ae M>t r¢lily appareni from cts sowtt5. The Itvart.Actual results may differ from thue ¢￿im&¢￿ The emiMa￿ Urntrlyj￿ asswhNions are ttviewed on an ongoing Rcvi5lO￿ to a￿XmI￿1g esiimaie$ ar¢ reco￿lS¢d in the period tn whith tMimate 15 rtviscd M'hcr¢ the r¢vision only lh* period or in ihe period of the r¢vi5ion atKi fthw¢ perith where the revision affects curreni and future rA7iods.

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THE PAROCHIAL CHURCH COUNCILOFTHE ECCLESIASTICAL PARISH OF WORT￿ POUND HILLAND MAIDENBOWER NOTES TO THE FINANCIAL STATEMEiYfs (COl¥TINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Ch•ritsbl¢ ¢¢ivities Fety rtntl Fee5 rt•tAI d eveut Ind tveTrl in¢om¢ 2023 2022 Fc4 r¢nthl ar¥J c¥￿¢ 75,039 81,921 lThvesthieots UArutrieted Unregtiirted funds Dds 8¢¥Jer*l ernl 2023 2012 lÈrterest ttceivabk Other 1•c•￿e Thds 2023 2022 Other ill¢(￿¢ 8.026 3.823 P•8tll

THE PAROCHIAL CHURCH COUNCIL OFTHE ECCLESIASTICAL PAIUSH OF WORTH, POUND HILLAND MAIDENBOWER NOTES TO THE FINANCIAL ￿ATEMENfS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Charltble ctivitws Mi•lw Property Costs 2023 Thti T•tl 21122 Giving 2• SMtTcos15 Evcnts arbj ffiJndraisin8 Dioces￿ Parish Coninknrtion Other a¢ov Costs w+>Jd]n￿ Funcrals to Dw)cex Baptisms Worship & Musi Insurance m￿nIe￿a￿t B RefUtsFal￿￿co4s 18.401 6581 18.401 7248 16.057 923 7.065 16,725 4.876 82,805 339 5.714 185 4,955 3.625 12.886 9,989 07 923 7,065 745 5215 4.018 130J71 23.117 4.018 130J71 23.117 Fricnd4 of Si Nicknt&s & P*ish Workl Bank & Mission FUNJ Chwthywd w5ts Parish OtYI¢¢ 3.688 1277 16 1.751 61.433 3.688 1277 16 2.848 61.433 3.886 1,781 2,989 29.332 Si Nieholas Costs 667 120.933 230.886 352.486 180.093 sh￿ ofgovunan¢¢ costs(s¢¢ 8) 1.499 750 2249 3.626 067 121432 231,636 354.735 183,719 Aulysb by LNes¢riaed fvmjs. gem81 R¢styi¢trd fw 667 121432 71490 159.146 193,589 159.146 149,487 34.232 667 122.432 231.636 354.735 183.719 py12

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WORTIL POUND HILLAND MAIDENBOWER NOTES TO THE FINANCIAL STATEMENTS {cO￿lNuED) FOR THE YEAR ENDED 31 DECEMBER 2023 (C•Dix¥d F•r th•y¢reThthd 31 D¢¢tmber2122 Ch#rttabk Mlkny Pmp¢rty C•st5 2022 16,725 4.765 81805 339 5.714 185 521 IA725 4.876 82.805 339 5.714 185 4,95S 3,625 12.886 9.989 Events atKI fiu¥Jraisir Diocesan Parith Co￿1￿￿rt￿)rt (Mher Clergy Costs Weddiw Funerals to Diocc5e isms Worship & m￿1¢ Insurance Ma¢nt¢narKe & St B RefurWFthi¢ Costs Utililies Fvittth of Si NicTrKlas & Parish WoTfvJ Bank & Mission FWKI Churchyard costs Pwish Office 4.434 3.625 12.886 9.989 3,886 1.781 3,886 1.781 1,949 29332 1989 29.332 Nid￿laS CLs 112.IPM 67.888 180.093 Sharc of 8ovcrnarKe costs(s¢c 8) 2259 lJ67 3.626 114.353 69255 183,719 AK*tysis by Unrcstrickd fi￿a5-gr￿1 Rcsrrictcd futLd5 I l4.353 35.023 34232 149.487 34.2J2 114.353 69255 183,719 Support twts 2023 2022 2249 2,249 3.626 2349 2349 3,626 Analyscd bthvcen Charitsblc adivilics U49 2249 p4e 13

THE PAROCHIAL CHURCH COUNCIL OFTHE EcCLESIA￿[cAL PARISH OF WORTH. POUND HILLAND MAIDEI4BOWER NOTES TOTHE FINANCIALSTATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Duri￿ the year eThled 31 Dt£¢tnb¢r 2023. £1.986 were reimixysed or pd dir¢¢tly 6 Trust¢¢s (2022- £3,076 ￿ 7 Trus¢s). l• E¥pkny4¢s The avt¥Z8c ￿thlY nUMb￿or employ￿ &Jrir8th¢yew w&: 2•22 NuThber ErnployTr¢ut tosts 2021 Wage5 aryj salwics kial secwity coxs J8J94 16,648 77 18.401 16.725 ds f##ds 2022 R¢valuation of invethnls 247 1350) 12 T¥utw The charity is exempt from tax OD inc¢MK aTwJ Kdins within section 505 of the Taxu A¢t 1958 or seciion 252 of T￿atrO￿r Charpble GainsAct 1992 the exttnt th these ￿ applied th its clwitsbleotri¢¢ts. 2023 2•22 In#Tum¢nts measured ai fair value throu8h FYofrt(Y105s 2.871 2,624 py14

THE PAROCHIALCHURCH COUNCILOFTHE ECCLESIAsficAL PARISH OF WORTH, POUND HILLAND MAIDENBOWER NOTES TOThE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR EIVDED31 DECEMBER 2023 21)22 flM¢ •tyear. 3,886 5.073 2.622 4,177 1,594 otherdeb￿ 5.771 IS Cirr¢Bi as￿ IAvt5hAe•ts 2fj22 Investmeni with the ￿'￿¢s¢¢f chic￿s[Cr Tn 2.471 2.624 16 Crndltors,. •m•￿ts fam d•¢whhlTr ••e yeAr 2023 2022 her1￿10n and so¢ial saxrity Othcrtrtdilors AccruaLs and deferred inL 1521 3217 19.869 589 2,008 2,970 24.607 5.567 17 f#•ds E￿low￿￿ a¥stL5 M"hith b2 heid rffjnartly by thedwity. IrKotne arisi￿0￿ the tndowme u5cd in with the Obj￿1$ ofth¢cknityaryJ is a5unT¢5tricted Tnp)me.Any Capital gain5 or losses arisin8 on the a55cts fomi rwt of the Movtmtjt i Dds Reval•¥liM5 e1 l J•W￿lll lld l•ssu l Jam￿ry 202J res•Mtte$ 31 DtteThbtr Perm¥•￿t Tlb)mpson Tnj 2.974 135LI) 1624 247 1871 1974 135(11 2.624 247 1871 Set up io mainlain 3 TI￿px￿ r￿llY grnvek py15

THE PAROCHIAL CHURCH COUNCILOF THE ECCLESIASTICAL PARISH OF WORT￿ POUND HILLAND MAIDEIYBOWER NiyfES TO THE FINANCIAL STATEMENTS (coNriNUED) FOR THE YE4R ENDED 31 DECEMBER 2023 18 Restrieted (•DdJ grnThts held on In￿ for spttifK M•v¢tyu¢ at TMIth B¥hnet 1 31 Dt(ernbtr 2•ZS The FTiertds of St Ni¢olas Mis5Th FuTh15 St B'5 Grow Porish Worfd B•thk St B's RefurbishmeN St N's Fabric & TO￿¢4 N'sApp¥oxh Chw¢hyard M¢tnorial (hgan Fund Parish F*i¢ Fwxl 1.328 1.482 70 470 375 48.156 121,568 27.524 24 1537 995 8J06 3,407 ($6.462} (65.154} 13&6491 21.172 27.524 359 15191 1601 l5661 (35.0391 136 1,537 38,649 3,610 2(Kl.582 14,293 1159.1461 136 55.165 31 Dettffjbtr 2•22 The FrieThts of St ￿1￿laS aT¥J Mi55ion F￿￿15 St B's Gyowwts Parish World Si B'5 Re(urbthent St N's Fabric & Tower Si N'$AppT￿h Chur¢hyard Mrjnorial Ga￿ 1328 70 375 48.156 121.568 27,524 24 1,537 497 072 127.939 21625 (7491 (2.3601 (28.8461 21475 (1.1231 1531 1.145 205.616 29.197 (34.2311 200.582 c16

THE PAROCHIAL CHURCH COUNCILOF THE ECCLESIASTICAL PAIUSH OF WORTH. POlllYD HILLAND MAIDENBOWER NOTES TO THE FINANCIAL STATEMENTS (COIYTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 18 Re#r￿ {ContiRx¢d) Thi5 fuJMJ w&5 sdup to fU￿j at StNid¥JJas'. Tr Mission Fthyj was used A1￿cOurSe8$ well as outrvth irto loul schools. WorJl B￿r Ttw Work Thi5 LS aTh on going proj¢ci 10 FrfOVLth kvcl acc¢ss is in 3 pl0S¢5. Th¢ first pkn¢ athJre&s¢d lh¢ Café. compl￿￿ in 2021. th¢ S¢LX)nd phasc adthtssing the intcmal KE¢55 b¢tsw¢￿ the aNI th¢ hail wa5 tompkt¢d al th¢ end of 202J. The final pknc forextfrnal xce5s wa5 St¥tedknFards th¢¢￿1 of 2023. wrnplding 2024. In 2023 work was ¢omplde4 ￿ repkne I¥1￿$Y$￿ with a new etTLciem ￿l￿r atMI hets withinth¢ ¢1m￿lL A parishjoner 8ave us £40.(IXI In 2018 ￿ deal with the we IAve with the path l¢adingto the & NKknias' Church and th¢ trees whKh are cncrOxhi￿OrtO ar￿ thstwDyitE the ¢Mty ￿￿ThiS poiea is ongoi Used to pay for tht main1c￿ce ofihc mowcr& Used to po for the mainllanr¢ of th¢ mrJJMNia] gare•L Si Nico 19 futK15 by the tnJ5tX5 for S￿rifiC R¢¥tyrt¢s •￿¢ •1 txpr4d jl Dt¢tTrbr 2023 l 2•22 ￿t￿r£¢% Toddltrs Gmup Youth Grtyjp Parish f•ti¢ Furld 575 488 1.158 923 693 1.031 31 1.706 (1371 {].￿7) 587 1.640 (3WI 10,000 io.rMx> (lo.￿0) I 1,063 1081 11.4X¥) 11,724 .737 (11.234) 2.227 py17

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIAsfIcAL PARISH OF WORTH. POUND HILLAND MAIDENBOWER NOTES TO THE FINANCIAL ￿ATEmE1￿s (CONTINUED) FOR THE YE4R ENDED 31 DECEMBER 2023 21 R¢lAted party tr•thM¢ll•kg p4e 19