Charity Registratlon Number: 1131362 st Margaret's CHURCH Annual Report & Financial Statements of the Parochial Church Council of Angmering St. Margaret for the year ended 31 December 2025 Incumbent: Revd Canon Mark Standen The Rectory Rectory Lane Angmering BN16 4JU Principal Address: St. Margaret's Church Arundel Road Angmering West Sussex BN16 4JS Independent Examiner: Mrs Sarah Alexander Lewis Brownlee {Chichester) Limited Appledram Barns Birdham Road Chichester West Sussex P020 7EQ Principal Bankers: HSBC 16 Goring Road Worthing West Sussex BN12 4AW
St Margaret's Church, Angmering Year Ended 31 December 2025 Annual Report & Financial Statements Charity Registration Number: 1131362 CONTENTS PAGE Annual Report statement of Financial Actlvities Balance Sheet 10 Statement of Cash Flows 11 Notes to the Financlal Statements: Accounting Policies 12 Detailed SOFA 14 Notes to the Balance Sheet & Cash Flow 19 Independent Examiner's Report 23
St Margaret's Church, Angmering Year Ended 31 December 2025 Annual Report Charity Registratlon Number: 1131362 Introductlon St Margaret's Church is srtuated in Angmering, West Sussex. It is part of the DI0Se of Chi¢hesler within the Church of England. The Parochial chUh Council of Angmering St Margaret ('PCC') is a charity that registered with the Charity Commission during 2009. The registered charity number is 1131362. The Members of the PCC present their report and the financial statements of the charity for the year ended 31 Dernber 2025. The members have adopted the provisions of the Stalement of Recommended Practi {SORP} "Accounting and Reporting by Charilies" (FRS 102) in preparing the annual report and financial statements of the charity. The financial statements have been prepared in accordance with the accounting policies set out in the notes to the financial slaternents and comply with the Charities Act 2011, Accounling and Reporting by Charities.. Statement of Recommended Praclice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 {effective l January 2019) and the Church Accounting Regulalions 2016. Aim and Purposes The primary objective of St Margaret's Church, Angmering is the promotion of the Gospel of our Lord Jèsus Christ according to the doctrines and practices of the Church of England. The PCC has the responsibility of co-operating wilh the incumbent, the Revd Canon Mark Standen, in promoting in the parish the whole mission of the Church pastoral, evangelistic, social and ecumenical. Our church strapline is 'Sharing God's love,. PCC Membershlp Members are either ex officio, elected at the Annual Parcchial Church Meeting I'APCM,) or co-opled, all in accordance with the Church Representation Rules. Incumbent: The Revd Canon Mark Standen (Chairman). Assouate Vicar.. The Revd Benjamin Martin. Curate.. The Revd Nathanael Gillett. Lay Reader.. Mr John Roberts. Churchwardens.. Mr John Heaton (unlil APCM 20251, Mrs Jackie Johnson, and Mr Neil Giles (from APCM 20251. Deputy & Assistant Wafflens.. Mrs Emily Dadson, Mr John Heaton (from APCM 2025), Mrs Margarel Hobden, Mts Ann Jones (until APCM 2025), Mr James Nicholl, Mrs Esther O'Toole, Mrs Christine Peskett, Mr Stephen Rouse and Mr David Ward. At their request, the Deputy & Assistant Wardens have not been co-opted onto the PCC. Representatives on the Deanery Synod.. Mr Benjamin Bennett, Mr Alan Butler, Mr John Heaton (until APCM 20251, Mrs Nicola Hockham, Mr Slephen Rouse and (from APCM 2025) Mr Neil Giles and Mr James Nicholl. Elected members of the PCC.. Mr John Bawler, Mr Robert Chambers (until APCM 2025), Mrs Hannah Knox (until APCM 2025), Mrs Leanne Kyte (until APCM 2025), Mrs Jude Mcmillan (until APCM 20251, Mrs Susan Pauley, Mr Stephen Rouse, Mr
st Margaret's Church, Angmerlng Year Ended 31 December 2025 Annual Report (eontlnued) Christopher Snell, Mr Joseph VIAsener and (from APCM 2025) Mr Duncan Mackrill, Mrs Moira Maun, hArs Joanna Maxled, Mr Antony Munday, Mr Clive Osmond. Mrs Alison Ward and Mr Jacob While. Elected lay member of General Syn¢xl.' Mr Robert Chambers (from APCM 2025) Co-opted members of the PCC.. Until APCM 2025 Mr David Boreham and Mr Christopher Wilson. Charity Registration Number: 1131362 Chain77an of the Finan Group.. Mr Neil Giles. Church Treasurer. Mr John Bawler. Secretary to the PCC.. Mrs Susan Pauley. The full PCC met nine limes during the year with an average level of attendance of 810/0. Committees met between meetings and minutes of their deliberations were received by the full PCC and discussed whère necessary. Committees standing Committee.. This is the only committee required by law, and is made up of the Rector. Churchwardens, Chur¢h Treasurer and PCC Secretary. It has power to transact the business of the PCC between its meetings, subject to any directions given by the Council. Finance Group.. This exists to regulady review the finances of the Church and make appropriate recommendations to the PCC. Mission Group: This exists to educate and enlhuse the church family as to how we Can betler support the spread of the gospel throughout the world. It maintains links with our mission partners and makes recommendations to PCC on how we can support them financially. Church Attendanc8 At 31 December 2025 ther8 were 358 names on the Electoral Roll (a decrease of 37 from 2024, arising mainly from the 6 year reapplication process Ihat took place in 2025}. Of the total 47 Oh {2024.' 47 % ) live inside the Parish boundary and 530/0 (2024: 53Vo) outside. The average number of adult worshippers in church on a normal Sunday in 2025 was 282 compared lo 231 in 2024. In addition to which many others were watching online. Flnancial revlew Totsl income in the year decreased to £432,000 (2024.. £585,000) arising primarily from decreases in grants of £75,000, legacies of £68.000 and planned giving, donations and related Gift Aid of£8,000. Total expenditure in the year increased to £451,00012024- £397,000) due primarily to full year ¢osts of our Associate Vicar and Curate £27.000 and increases in parish office salary and other support costs of £12,000. missionary and charitable giving of £5,000, church running costs of £3,000, children and youth leader salary and other costs £3,000 and Vestry Collage costs of £3,000.
St Margaret's Church, Angmerlng Year Ended 31 December 2025 Annual Report (continued) The net result for the year was a deficit of £19,000 (surplus in 2024.. £188,000). In 2024 a further £19,000 was designated to cover the estimaled repair costs of items identified in the 2024 Quinquennial Inspection of the church premises. It is eslimated that £8,000 is no longer required and has been transferred back to the general fund. But a further £3,000 has been designated to cover repair costs that may arise following the 2029 Quinquennial Inspection. The total funds carried fotward at 31 December 2025 amount to £537,000 (2024.. £556,000) made up of unrestricted general funds of £399,000 {2024.. £398,000}, unreslricted designated funds £60,000 (2024.. £65,000) and reslrided funds of £78,000 (2024: £95,000). Charlty Reglstration Number: 1131362 Risks The PCC has reviewed and assessed the risks relating to ils aclivities and is satisfied that it has taken all reasonable steps to limit or provide ¢over for any major risks. Reserves pollcy The PCC reserves policy is to maintain a balance of unrestricted funds which equates to approxirnately 3 months general payments plus designaled amounts for known future r8pair projects to church premises and equipment. At 31 December 2025 this reserves policy equated to £163,000 {2024.' £161,000). Free reseNes at the current year end are in excess of this amount by approximately £280,000 {2024'. £294,000) excluding reserves held as fixed assets. The PCC anticipate fully utilising these reseNes over the next five years to conlribute to projected operating deficits of £210,000 and the remaining cost of renovating the Vestry Cottage in 2026 of £70,000, which will be accounted for as a fixed asset. Investment Pollcy It is our policy to invest our fund balances in short and medium-term deposits with banks and financial inslitulions to maximise income returns whilst minimising investment risk. All investments or deposits of church funds will only be made with regulated national institutions who have published acceptable Environmental. Social and Governance policies. Public Boneflt For many years the advancement of religion has automatically been accepted as charitable. Under the Charities Act 2011 this continues to be charitable, bul the Act contains an overarching requirement that there must be a public benefit. The PCC has paid due regard lo the Charity Commission's guidance on publi benefit and strongly believe that Ihe holding of services for the worship of God and the Lord Jesus Christ, preaching and expounding the Word of God, Ihe Bible, holding classes for the instruction of adults and children in the Word of God, and providing
st Margaret's Church, Angmering Year Ended 31 December 2025 Annual Report (eontlnu¢d) any other activity which will promote the Word of God and lead people to faith in the Lord Jesus Christ as their Saviour is for public benefit. We also believe thal our many and varied activities as a church provide practir21 support and care for people living in the parish, from the youngest to Ihe eldest. as well as providing financial support to olher outreach organisations working in the UK and missionaries overseas. Chaiity Registratlon Number: 1131362 Review of the year The Apostle Paul declared about God 'Oh, the depth of the riches of the wisdom and knowledge of Godl How uns88rchable his judgments, and his paths b8yond tracing out., {Romans 11v33) st Margaret's can echo Paul's words as we consider God's wisdom and kindness to us. For this year has been different from the previous 26 years in that our Rector has had to take some 'time out, to deal with some personal health issues. But God knew our needs even before we were aware of them and had so added to our staff team in 2024 that we were able to function, indeed, to flourish, without the Recto¢s help. Indeed, there has been little evident slowing up of pace this year. The regular services and events have happened, and the occasional events (like the Fun Day, Holiday Club and Chrislmas ministry) have been bigger and better than in previous years. For this, we thank God, but also the whole staff team, wardens team and the large number of Church family members who have contributed in so many ways. Our thanks go to all those who have gone the extra mile this year. The year started strongly with Sunday services based on 2 very differenl parts of the Bible a Gospel in the mornings, and the Old Testament in the afternoons. We ontinue to believe it is right to hold family-friendly services in both th8 mornings and afternoons in order that people who are Often busy wilh work, sporting and family commitments can have 2 options for Sunday worship. In addition to our Homegroups, we ran Iwo courses in January, namely Ihe 'Life of Jesus, course (to which 40 went) and the Marriage Course (9 couples). Wè believe that Ihese very different courses were helpful to those who attended them, and indeed we have become increasingly convinced of the value of such courses within the life of our Church. At the end of January, the Rector was involved in the selection of a new Head Teacher for St Margaret's Church of England Primary School, upon the retirement of Mike Jee after 8 very busy years. The school is a key partner for our Church, with some 400 pupils and their families, so this was an important appointment for the village. We were delighted that the school was able lo appoint Mr George Lumley to this post, a committed Christian as well as a strong educationalist. He took up his post in April and has made an exlIent start as Head. We look forward to partnering in the gospel with him for many years to come, God-willing. In February, a women's event called 'The Vine, took place with the title 'Faithful and Fruitful, and c80 attended. We are grateful to Ihe 'Women's Togethe¢ team for planning and running this event, which we pray will resull in all who attended becoming more faithful and fruitful.
St Margaret's Church, Angmerlng Year Ended 31 December 2025 Annual Report (oontlnued) We are also grateful to the Men's group that have run an imaginative programme of breakfasts, snookèr evenings. 5-a-side football on Monday evenings, a camping weekend and an evangelistic supper throughout the year. A lot of hard work has gonè into this ministry, which seeks to help men explore and grow in faith, so thanks are due to Nat Gillett and his committee. On Shrove Tuesday, Chris Wilson held a 'Pancake Olympics. in the Church and Church Hall for mainly pr¢mary school age children and their families. About 150-200 ame to the event. The aim of this was to conlinue to build links between Ihe children from the local schools and encourage them to come to church both at special events and on Sundays. A lot of energy wenl into this event, and we are grateful to Chris ar)d his large team of volunteers. We ran a Lent course in March and April based on a book called 'The Soul Winning Church,. We were pleased Ihat up to 100 people altended this course leilher on an evening or morning) and indications were that people were stimulated by the ¢ourse to think more about how they can be soul winners. Two 'take aways, from the course were a challenge to pray for 2 people (who don't yet know Christl for 2 minutes a day, and to encourage people to come lo pray before the Sunday morning service for it to be fruitful in helping people to come and know Jesus personally. We ran another'church Weekend at Home. in late March - an opportunity for people ffom across the Church family to get lo know one anolher better, and to think how we can 'share God's love, more effectively. This year, the teaching was given by our 'Home Team, of clergy, and this had the advantage of us being able to apply things very practically, but it rneant that we didn't have the freshness of a new voice. It was a useful time and enjoyed by the 180 or so who came to it. We will plan another such weekend every 18 months. We ran a sermon series in Lent on Sunday afternoons called 'Underslanding the Cross, and we think this was helpful since many people continue to struggle to see why God's Son needed to die on a Cross for our salvation. Holy Week included the normal patten of Sunday services and special additional seNices on Good Friday. All of these went well, and we were particularly pleased by the numbers on Easter Sunday morning {over 300 in Church). We added to Ihe programme this year a Family Meal on Maundy Thursday, at which c100 people (including children) came to. This was appreciated, but we will think of a better start time and format for the event in 2026. The Annual Parochial Church Meeting I'APCM'} proceeded smoothly in May. Thanks are due to David Borehgm who collated the new Electoral Roll, a time-consuming bLrt important role that must take place every 6 years. The atmosphere at the APCM was calm, appreciative. positive and prayerful and some excellent people were elected to the various places on the Council. An 'aclion point, for us in 2026 is how we can make the meeting less passive and more inleractive. June is the month when we have our Fun Day in the field at the centre of the village. This happened again this year and il was bigger and better than before, with lots of free activities for the children, a BBQ and an effective guest speaker a former 'Gladiatorf from the TV series, who shared his teslimony with the crowd. We estimate that about 1500 people were there at points over the 3 hours, and there was a wonderful atmosphere throughout with people appreciating this annual 'Gift to the Charity Registration Number: 1131362
St Margaret's Church, Angmerlng Year Ended 31 December 2025 Annual Report (¢ontinu•dJ Charlty Registratlon Number: 1131362 village,. Many thanks to Leanne Kyte who masterminded the event, and to the 80 or so members of the Church family who served in a variety of different ways throughout the day. Al the Fun Day, we had a gazel)o designated to Alpha, so that people could see what this course involves and sign up for it We positioned an Alpha course starting a few weeks laler, since we felt in the past it was regrettable that there wasn't an Alpha lype course coming up soon after the Fun Day. 15-20 guests came regularly lo thi5 course. We will continue to consider how we can properly include some elements within the day that point directly to Jesus. Anolh6r highlight in June was the ordination of our Curate. Nat Gillett as a priest. Nat and his family have become much loved members of our Church family in their first year with us, and Nat's gifting and personality have been appreciated, on Sundays, but also in areas as diverse as men's ministry and pastoral coordination. A large crowd from St Margaret's went to celebrate this special servi¢8 at Sl Petels Church, Henfield, conducted by the Bishop of Horsham. July included the b8Ptism of one of our adults, who gave a very moving testimony to God's grace in her life and why she now fell ready to be baptised. It also included a picnic in the Reclory garden hosted by the Women's Together ministry. The month ended wilh another highlight, namely the Holiday Club which attracted its largest number of children for many years, wilh ¢100 attending most momings, with many coming back to the Sunday seNice and BBQ aftetwards. The Ghildren clearfy enjoyed the whole week, and their parents appreciated this week, and we pray Ihat many of the gospel seeds that were planted would bear fruit under God's mighty hand. Thanks are due to Chris Wilson and his leam of about 40 volunteers, without whom the whole venture would nol have been able to take place. August was marked by 8 morning series in th8 liltle known, but beautiful story of Ruth in the Bible, which many people found very moving and thought-provoking. It reminded us of the value of studying the whole of the Bible, and it has been a delight to study this year parts of the Bible as diverse as Luke 16-19, John 21, Acts 1 to 4 and Genesis 1-12 in the mornings, and 2 Kings, 1 Peter and Revelation 1-7 in the afternoons. Many people were away at points during August for holidays, and Christian events. We were pleased that some of our members went to Keswick, others to New Wine, some of our younger members went to the Youth holiday at Brymore in Somerset, and a good number went to the Big Church Festival at Wiston House. We pray Ihat each person who went on these events will have been enriched in their faith through them. September started with our clergy attending a Conferen for all stipendiary clergy in the Diocese of Chichester. This was a very useful time to get to know better our fellow gospel ministers, and to learn from one another. September was a very busy rnonlh in the parish, with a popular women's 'Cheese and Chatterf evening, 8 24 hour 'get away, for men from Church in Coldwaltham, with the theme 'Love, Hope and Strength,, and it was great to have 42 men of all ages and stages of Christian maturity gathered together. Later in Ihe month we hosted a party in the Rectory garden to welcome children from ReptIOn year intake from St
St Margaret's Church. Angmering Year Ended 31 December 2025 Annual Report (contlnu•d) Charity Registration Number: 1131362 Margaret's School (and their families) and around 70 people came (a record in recenl years). How we pray for good links with these families in the coming years. We also hosled another special service to bring comfort 8nd hope to families that have suffered a bereavement in the recent past, One of our Church members shared his leslimony of grief lèading lo him seeking comfort from the Church, and this led to a reflowering of his faith, and this testimony was really helpful. 11 led to some joining our Bereavement group, and the Bereavement Joumey course in October. Many thanks lo our excellent Bereavement team. The pace of ministry continued in October, and we are grateful to our Associate Vicar, Ben Martin, for leading the staff team this month as our Rector was recuperating after a hospital procedure. The month included a celebration of Harvest, both on a Sunday, and for the children from St Margaret's School who came down to Church for this. There was also another 'Parenting Togelherf session an in6tiative of Ben Martin, one intended to help parents support each other in the vital task of parenting their young. The monlh also included a breakfast for all the leaders of our Homegroups in Church, led by Ihe new Homegroup coordinators, Tony and Nicola Mayes. We are indebted to our leaders of small groups, for the way they teach, encourage, care and pray for the 230 or so adults in our Church who attend such groups. It was good to support Ihem in what f2n be a rather lonely and demanding role at times. We aim to add more groups in 2026 and are grateful to the Mayes for taking on this important rolè. October finished on a lively note, with the Light Party, as a Chnstian alternative to Halloween. It was great to see approximately 250-300 there, enjoying Ihe activities and hearing about how Jesus is and brings light and lrfe, rather than darkness and fear. Thanks are due to Ben Martin and the leam of volunteers who ran this event for us. November was another busy month, as we15 as a time of intense planning and preparations for Christmas. We were pleased to see the large number of guests in Church for our Family Service on Remembrance Day (including a minibus from one of our new Care Homes in the village) and then a large intergeneralional Crowd of many hundreds at the War Memorial. Vve are blessed to have g¢20d relations with our Parish Council in staging such an important event. We were glad to be able to put on an evening men's event at a new Café in our village. We invited an evangelist called Martin Povey to give a brief, direct, enlertaining after-supper talk on Jesus, and this was warmly received. It was good that we managed lo pack oul the café (56 people) of whom al least one quarter were not committed Christians. We pray that this event will have stimulated them to want to know more about Jesus. The month also included our Gift Sunday, at which we presented an updale on our finances for 2025, and our financial needs for 2026.11 is good to be able to do this in an upfront and transparent way, rejoicing in the way God has blessed us financially in the past, but also being honest aboul the challenges ahead. including the need to pay for our additional staff members and to refurbish the Vestry Cottage in 2026. We were thrilled to see people responding generously over the following 2 months, Ihe
St Maryaret's Church, Angmering Year Ended 31 December 2025 Annual Report Icontlnued) Charity Reglstration Number: 1131362 impact of which is an additional income of £28,000 for 2025, and £25,000 for 2026. This is a considerable increase from the previous year. and is a tremendous result given the difficult economic conditions in the country. We praise God for this additional giving, and for the continued sacrificial giving of so many members of our Church family, realising that such giving shows an appreciation of God's gra. We are grateful to the Finan Group, and especially our Treasurer, John Bawler, and Planned Giving Officer, Mandy Dukes, for all their hard work on our behalf. Then we come lo December, a key month for oulreach in the life of any Chrislian Church. This year, we did three things prior to our services that seem to have been effective in promoting interest and attendan. First, we honed down the theme of all services, namely the peace Christ offers. Secondly, we actively promoted a book 'The Missing Peace, for the Church family to read and give away to friends. Thirdly, we had a weekly video produced on the peace that various Church members have found and want to share with others. This third initiative took time to produ, and we are very grateful to Joel Nicholl for crealing these videos. The services were of a high qualily and drew in large crowds. In particular, the numbers at Christingle were double the numbers from 2024, and the numbèrs at the first Iraditional carol service were 50¥0 higher Ihan 2024 (though Ihe second one slighlly lower). The combined numbers for the Nativily services were 424 (up from 300 in 20241. Numbers al Christmas Day were 236, again an increase from 2024. The only service that was a bit lower was Ihe midnight communion (from 130 to 95). So, 1722 people attended special Christmas SeIceS this year, for which we give God great praise, but also pray that God would have opened peoples, hearts to the message of peace with God through Jesus Christ. Safeguarding continues to be an importanl part of our ministry whereby we seek to raise the awareness and culture of safeguarding in the church Ihrough regular training and reporting. W8 wish to thank David Boreham, our Parish Safeguarding Offir, for his encouragement and advice. He has helped around 140 people to be trained, either through the online courses available or through several in-p8rson training sessions that he has run, and through Ihe new Dashboard has helped us to think about a wide range of activities. We trust thal we will continue to give safeguarding its proper place and help all at St Margaret's to flourish. And so. anolher busy year has closed, one in which we have seen many blessings from God, and so we want to finish on a note of praise and trust, as Paul did in that verse from Romans, saying about God 'For from him, and through him and for him are all things. To him be the glory for ever and everl Amen, (Rornans 11 v36). On behalf ofthe PCC The Revd Canon Mark Standen Rector and Chairman 23 March 2026
st Margaret's Church, Angmering Year Ended 31 December 2025 Statement of Flnanclal Activities Charity Registratlon Number:1131362 Unr•strlcted General Designated Fund8 Funds Restrlct¢d Funds TOTAL FUNDS 2025 2024 Note In¢ome from.. Donations & Legacies Charitable activities Other trading activities Inveslmenls 376,546 19.376 395,922 545.456 13.955 13.617 404,118 2.007 3.614 24,997 15,962 19,642 431,726 22,262 17,638 585,356 2,611 2,611 Total Income Exp•ndlturn on: Raising funds Charitable aclivititss Othèr trading activities Total expendlture 9,309 389,090 7,987 406,386 1,253 39.756 1,203 42,212 10,562 430,765 9,190 450,517 8,254 383,857 5,371 397,482 1,919 1,919 Net lèxpenditurèlllncom• (2,2681 692 117,21SI 188,7911 187,874 Transfvrs betwegn funds 12 5,000 15.0001 Net movem•nt In funds 2,732 14.308} {17,2151 {18.791} 187,874 R8¢onclliation of fund8'. Total fuftds brought fOard 396 417 64.840 94,950 556,207 368,333 Total funds carrled forward 12 399,149 60,532 77,735 537,416 556,207 All incomè and expenditure ari$¢s from wnlinuing activities of Ihè PCC The PCC ha$ no recognised gains or losses other Ihan the results for the year as set out above. Th? notes on pagas 12 to 22 form part ol they? financial s181amenls.
St Margaret's Church, Angmerlng As at 31 December 2026 Balance Sheet Charity Registratlon Number:1131362 Unrestricted General Designated Funds Funds Restrlcted Funds TOTAL FUNDS 2025 2024 Note Flxed assets: Tangible assets Total flxed assèts 17,572 17,572 17,572 17.572 5.583 5,583 CuTrent assets: Stocks Debtors Investments (short lerml Cash al bank and in hand Total current assets 209 16,337 341,566 37,001 395,113 209 18.237 477,911 37.115 533,472 216 20.050 490,703 58,070 569.039 10 430 60,102 1,470 76,243 114 77,827 60,532 Current liabilities: Creditors.. Amounts falling dua within one ye8r Net current assets 11 13,536 381,577 92 77,735 13,628 519,844 18,415 550.624 60.632 Total assets less current Ilabllltigs 399,149 60,532 77.735 637,416 556,207 Total net as$et$ 13 399,149 60,532 77,735 S37,416 556,207 The funds of the charlty: General funds Designated funds Total unreslricled funds Reslricled funds 399,149 399,149 60,532 459,681 77,735 537,416 396,417 64,840 461,257 94,9SO 556.207 60.532 60,532 399,149 77,735 77,735 Total charity funds 12 399,149 60.532 Approved by the PGC on 23 March 2026 and signed on its behalf by.. The Rgvd Mark Standen Ichalrmanl John Bawlgr (Treasurer) The notes on pages 12 10 22 form part of thèse financial slatem8nts. 10
St Margaret's Church, Angmering Year Ended 31 December 2025 Statement of Cash Flow5 Charlty Reglstratlon Number:1131362 Unrostrlcted Restrlcted General 08slgnated Funds Funds Funds TOTAL FUNDS 2025 2024 Note Cash flows from operatlng actlvltles: Nel cash (used inllprovided by operating activities 17 116,6471 11,9191 (21,179) 139,7451 168,798 Cash transfors between funds 5,000 (5,000) Cash flows ffom Investing activittes: Inleresl received from investments Purchase of tangible fixed assets Ilncreaselldecrease in short term investments excluding no notice deposit 14,041 (14,4761 2,514 3,919 20,474 15,369 114,4761 14,8961 111,2831 4.405 9,788 2,910 16,9091 Net cash provlded byl(used in) investlng activltles 111,718) 6.919 13,707 8,908 3.664 Change In ¢ash and cash equivalents In the reporting period (23,3651 (7,472) 130,8371 172.362 Cash and cash 8qulvalents at the bgginnlng of the reportlng perlod 215,754 77,124 292,878 120,516 Cash and cash equlvalents at the end of tho reportlng perlod 192,389 69,652 262,041 292,878 Analysi5 of cash and cash equlvalents: Cash al bank and in hand No notice doposit included in short term investments 37,001 114 37,115 58.070 155,388 69,538 224,926 234,808 192,389 69,652 262,041 292,878
St Margaret's Church, Angmerlng Year Ended 31 December 2025 Notes to the Financial Statements Charity Registration Number:1131362 1. Accountirg policies (a) Accountlng convention The financial statements of the charity have been prepared accordance with Accounting and Reporting by Chariti8s.' Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Raporling Standard applicable in Ihg UK and Republic of Ireland {FRS 1021, Financial Reporting Slandard 102'Th8 Financial Reportlng Standard applicable in the UK and Republic of Ireland,, the Charities Act 2011 and the Church Accounting Regulations 2016. The financial slalem6nls have been prepared under the historical cost convention as modified by the inclusion of investments at market value. The financial stalemenls include all transactions, assets and liabilities for which th8 PCC is responsible in law. They do not include the accounts of church groups that owe their affiliation to another body, nor those which are infomal gatherings of chur¢h members. The financial statements are prepared in 51erling, which is the functional currency of the charity. Monetary amounts in these financial statements ar8 rounded to the nearest pound. Ibl Funds aGcounting Funds held by the PCC ar8.. Unreslricled funds- general funds which esn be used for PCC ordinary purposes. Dewgnated funcls - monies sel aside by the PCC out of unrestricted funds for specific futur8 purposes or projects. Restricted funds - lal income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest., { bl donations or grants reeeived for a specific object or invited by the PCC for a specific object. The funds may only be expended on Ihg specific object for which they were given. Any balance remaining unspent al the end of th8 year is carried forward a5 a balance on that fund. (cl Income All incom8 is accounted for wilhoul deduction of any costs of rec8ivabilily, is recognised when Ihere is evidence of entitlement, receipt is probable. and the amount can be measured reliably. Donatlons and legacles Collections are recognised when receivod. Planned giving recgivable is recognised when there 1$ evidence of enlillemenl, recaipt is probable, and the amount accords with the Gift Aid declaration or other record of intention lo donate. Gift recoverable is recognised when the income to which it is attached is recognised. Grants and legacies are recogni5ed when the formal offer in writing of the lunding is received. Income from Inveslments Dividends are accounted for when due and payable. Inlerest enlillements arg accounted for as they Éccrue. All otherin¢ome All olhar income is rècognised when it is receivable. Gains and losses on Investments Realised gains are recognised when the investments are sold. Unrealised gains and losses are 8CCOUnted for on revaluation at 31 December. 12
st Maryaret's Church, Angmerlng Year Ended 31 December 2025 Notes to the Financlal Statements (¢onllnu8d) Charlty Registration Number:1131362 ldl Expgnditure Expenditure is accounted for on an accluals basis and accounted for gross. Grants Grants and donations are ac¢ounled for when paid over, or whon awarded wh8re the award creates a binding obligation on the PCC. Church actlvltles The Diocesan parish contribution is èccountod for on an annual basis, reflecting the commitment made to our Deanery. Any parish contribution unpaid al 31 Decgmber is provided for in Ihase financial slatemonls as an operational Ilhough not a legall liability and is shown as a creditor in the balance $heel. lel Flxed Assets Tangible flxed as50ts CoF)secrated and beneficed property of any kind is excluded from the financial statements by s.1012)lal of the Charities Act 2011 Moveable church furnishing held by tho Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal, are regarded as inalienable property. Therefore such assets are not included in th8 financial slalemenls. All expenditure on individual fixed asset item8 costing under £1,000 are wrillen off in the year they were incuffed. Depreclatlon Vestry hall & cottage Depreciation is provided at the rale of 4% per 8nnum on cost. Other fixtures, flttlngs & equlpmgnt Functional equipment that is used on a continuing basis for thg work of the PCC is depreciated 8t th8 rate of 25% per annum on cost. Investments Investments are staled al market value at the balance sheet dale. If) Current Assets Stocks are valued al the lower of Cost and net realisablè value, after making due allowance for obsolete and slow moving items. Amounts owing to the PCC al 31 December in respetst of grants, fees. rents or other income are shown a debtors less provision for amounts thal may prove uncolleclible. Short-lerm investments include cash held on deposit with banks and financial institLrtions. (g) Flnanclal Instruments The charity only has financial assets and financial liabilities of a kind that qualify as basic financial inslrumenls. Basic financial instruments are recognised al amortised cost using the efleclive interest method unless the effect of discounting would be immaterial, In which case they are stated at Gosl. The charity has no advanced financial instruments. {hl Pensions The charity operates a defined benefit pension scheme. Cotributions payable lo the charity's pension scheme are charged lo the Slalemenl of Financial Activities in the period lo which Ihay ralale. 13
St Margaret's Church, Angmerlng Year Ended 31 December 2025 Notes to the Flnanclal Statements {¢0nllnued) Charity Registratlon Number:1131362 Unrestricted Restrl¢ted General Deslgnated Funds Funds Funds TOTAL FUNDS 2025 2024 Analysls of income on: 2 Donations and l¢gacles Planned givlng General Mission partners Churchyard Penny Giles Memorial Trust Rector's Discretionary Fund for Youth Youth 245,441 245,441 1,100 1,100 60 60 304 304 100 100 2,415 2,415 3,979 249,420 240,389 60 120 2.400 242.969 245,441 Collectlons at all SO1¢8$ Cash & card - General C8sh & Card - Mission partners Card - Penny Giles M8morial Trust Cash & card - Rector's Discretionary Fund for Youth 7,261 7,261 4,125 99 6,173 3,363 4,125 99 418 418 265 7,261 4.642 11.903 9.801 other donation & appeals General Mission partngrs Churchyard Penny Giles Memorial Trust Financial & Other Support Fund Rectorfs Discretionary Fund for Youth Youth 28,954 28,954 5,529 1,514 654 100 300 115 37,894 4,689 2,260 2,577 4,506 150 5,529 1,514 654 100 300 50 65 29,019 ,147 37,166 62,076 Gift Ald recoverable General Mission partners Churchyard Penny Giles Memorial Trust Rector's Discrolionary Fund for Youth Youth 57,660 57,660 1.312 235 125 134 59,145 981 260 1,312 235 125 134 67 57,660 1,810 59,470 60.951 Fund ralslng events Men's & Wom8n'8 8venls Church Weekend at Home Holiday Club Cameo Sunday Roast 5,038 1,839 5,038 1.839 548 577 3,109 11,111 4,965 548 630 573 3,286 9.454 577 3,109 10,563 548 14
st Maryaret's Church, Angmerlng Year Ended 31 December 2026 Notes to the Flnancial Statements (¢ondmwrl) Charity Registratlon Number:1131362 Unrestricted General Designated Funds Fund5 Restricted Funds TOTAL FUNDS 2025 2024 Grants Chancel Trust Angmering Parish Council - Fun Day Late church memberfs Residuary Estate Trust for Reclorfs Discrelionary Fund 11 10 250 250 250 74,951 75,211 11 250 261 Legacies General 26,591 26,591 26,591 26,591 94,994 94,994 Total donations and legacles 376.546 19,376 395.922 545,456 3 Other tradlng actlvltles Bookstall Catering Church Hall lellings Fees - Weddings & funerals, elc Parish off ice income Rent on Vgstry Collage 2,878 2,878 2,953 4,581 5,518 32 2,223 2,582 6,914 7,600 63 2.880 22.262 2,007 4,581 5,518 32 13.955 2,007 15,962 4 Investments Deposit interest receivable 13,617 2,611 3.614 19,842 17.638 Total Income 404,118 2.611 24,997 431.726 585,356 Analysis of expendlture on: 5 Ralslng funds Men's & Women's events Chureh Weekend at Home Holiday Club Cameo Sunday Roast 4,078 1,336 4,078 1,336 1,2S3 559 3,336 10,562 3,339 1,253 1.237 447 3,231 8,254 559 3,336 9,309 1,253 15
St Margareys Church. Angmering Year Ended 31 December 2025 Notes to the Financlal Statements (conlnued) Charlty Reglstration Number:1131362 Unrestricted Restricted General Designated Funds Funds Funds TOTAL FUNDS 2025 2024 6 Charitable actlvltles Mlsslonary & Gharitable giving Mission parlnefs - annual support Mission partners - monthly giving William 01ders for Sl Margaret's School Olher charitable giving 26,320 26.320 11.981 7,368 8,033 53,702 25,550 10,861 7,152 5,030 48,593 11,981 7,368 8,033 20,014 33,688 Ministry- DIocBsan Parlsh Contrfbutlon 159.235 159.235 136.979 Ministry - Other clergy costs Rector's expenses Rectory costs Associate Vicar expgnsgs Associate Vicar accommodation Cural8's expenses Cur8le's accommodation 1,955 5,457 1,349 4,640 974 3,702 18,077 1,955 5,457 1,349 4,640 974 3,702 18,077 2,242 5,371 786 2,867 227 1,963 13,456 Church running expensos Electricity, gas and water Insurance Other running costs 8,390 2,950 10,154 21,494 8,390 2,950 16,160 27,500 7,986 2,859 13,687 24,532 6,006 6,006 Parlsh offlce costs Administrative salary costs Other office co$ls 69,010 16,876 85.886 69,010 15,876 85,886 58,741 14,840 73,581 Church malntenance & repalrs Church health & safely Church - major repairs & renewals 1,916 5,619 7,535 4,122 3,848 7.970 6,038 11,386 17.424 7,303 12,523 19,826 1,919 1,919 Upkeep of SeIce8 Service running costs 1.088 1,088 1,088 1,088 1,622 1,622 Upkeep of Churchyard Churchyard - grass culling 2,799 1,809 4,608 6,628 16
St Maryarefs Church, Angmering Year Ended 31 December 2025 Notes to the Financial Statements (conllmied) Charity Registration Number:1131362 Unrestrlc*ed Restricted General Deslgnated Funds Funds Funds TOTAL FUNDS 2025 2024 Youthlchildren's work costs Youth leadgr oxpenses Youlh18ader salary costs Youth leader accommodation Sunday children's activities Youth camp costs Youth exp8ns8rs 1,763 27.287 10.904 570 1,763 29,756 10,904 1,177 492 2,212 46,304 640 24,871 15.250 854 450 977 2,469 607 492 389 1,823 42,347 3.957 43.042 Church halls running costs Church hall clèaninglother Church hall electricity, ga5 and water Vestry h811 window cleaning Vestry hall ele¢trioty Insurance 3,778 3,885 130 1,419 1,443 10,655 3,778 3,885 130 1,419 1,443 10,655 3,198 3,977 120 1,557 2,007 10,859 Bank ¢harges 99 99 157 Depreclatlon 2,487 2,487 1,262 Govemance Costs Independent examination fee 3,700 3,700 3,420 Total ¢haritable actlvlties 389,090 1,919 39.756 430,766 383,857 7 Other trading activities Bookstall Catering Vestry Collage co$18 2,442 1,224 4,321 7,987 2,442 2,427 4,321 9.190 2,211 1,986 1,174 5,371 1,203 1,203 Total expendlture 406,386 1,919 42.212 450,517 397,482 17
St Margaret's Church, Angmerlng Year Ended 31 December 2025 Notes to the Financial Statements (conllnuedj Charlty Reglstration Number:1131362 Unrestrlctèd Restrlcted General Designated Funds Funds Funds TOTAL FUNDS 2025 2024 8 Staff costs lal Remuneratlon Salaries and wages Social security costs Pension & life assurance costs {se9 Note 161 Other employee benefits - accommodation and telephone allowance 94,034 1,424 4,187 2,469 .503 1,424 4,187 82,637 358 3,541 11,144 110.789 11,144 113,258 15.490 102,026 2,469 No employee received emoluments of more than £60.000. Particulars of employees: Th8 average number of staff employed by the PCC during the financial year amounted to.. 2025 2024 Full and part time staff Equivalent full lime staff During the year the PCC employed three adminislfalive staff, all of whom ar@ parl limo. There is also one part tim8 cleaner in the church halls and one full time Leader of Ministry lo Under 18's & Families. Ibl Payments were made to membors of the PCC The members of the PCC during the year include The Revd Canon M8rk Siand8n {Redorl, The Revd Benjamin Martin (Associate Vicar} and The Revd Nalhanael Gillell (Curalel. Their stipends, soci81 security costs, pension contributions and housing c051s were paid by the Diocese and ar8 included within the Parish Contribution to the Diocese. Three members of staff were also members of the PCC up lo the APCM on 11 M8y 2025. In that period Ihgy received salaries and pension and lifo assurance contributions as follows.. Mr David Boreham as parl tim8 Church Administr8lor received 8 salary of £9.447 and pension and life assurance contributions of £425. Mrs Leanne Kyle as part lime Church Administrator received a salary of £9,027 and pension and life assurance contributions of £406. Mr Chris Wilson as Leader of Ministry lo Undgr 18's & Families received a salary of £9,021, pension and life assurance ¢onlribulions of £406, accommodation costing £5,679 and 8 telephone allowanoe of £87. Expenses wer8 reimbursed. or paid directly lo third parties, for 13 members of the PCC amounling in total to £30.940 In respect of accommodation costs £19,622, office expenses £1,929, hospilalily £604, travel £776, church activities £5,918, youth activities £632, clergy conferoncg £0 and other clergy costs £559. 18
St Margaret's Church, Angmerlng Year ended 31 December 2025 Notes to the Financial Statements (tonllnu8d) Charlty Registration Number:1131362 9 Flxod Assets a) Tangible fixed 8ssets Freehold land Church and buildlngs equlpment TOTAL Cost Al 1 January 2025 Additions in the y8ar Disposals in the year AI 31 D8c8mber 2025 47,000 10,272 15,567 4,204 62,567 14.478 57.272 19.771 77,043 Depreciation At 1 January 2025 Provided in the year Disposals in the year Al 31 December 2025 47,000 9,984 2,487 56.984 2,487 47,000 12,471 59,471 Net book amounts At 31 Docembgr 2025 10,272 7,300 17,S72 At 31 Dec&mber 2024 5,583 5,583 The freehold land and buildings are the Vestry Hall and Vesty Cottage. The additions in the year of £10,272 are work in progress on the renovation of the Vestry Collage. Unrestricted General Designated Funds Funds Restrfcted Funds TOTAL FUNDS 2025 2024 10 Dgbtors Tax recoverable Prepaymanls Accrued income Other debtors 6,307 6.475 3,076 479 199 516 755 6,506 6,991 4,261 479 6.425 4,910 4,893 1,822 18,237 20,050 430 16.337 430 1.470 11 Credltors: amounts falllng due wlthln one year Trade creditors 3,659 Accruals 8,011 Taxation and social security 1,866 13.536 3,659 4,020 8.103 12,949 1,866 1,446 13,628 18,415 92 19
St Margarevs Church, Angmerlng Year ended 31 December 2025 Notes to the Flnancial Statements (¢onllmi8f4 Charlty Registration Number:1131362 12 Fund movement Unrestricted funds General Dosignated TOTAL FUNDS Balance al 1 January 2025 Income Expenditure Transfer between funds Balance at 31 December 2025 396,417 404,118 1406,386) 5,000 399,149 64,840 461,267 2,611 406,729 11,9191 1408,3051 5,000 60,532 459,681 Designatsd funds Balance Income Expenditure Transfers Balance 31.12.25 1.1.25 Quinquennial Inspection Church Lighting TOTAL FUNDS 34,970 29,870 64,840 1,408 1,203 2,611 11,9191 15,0001 29,459 31,073 15,0001 60.632 1,919) Purpose of deslgnated funds Every five years the consecrated and beneficed church property is inspected by the diocese and any necessary maintenan¢e work identified. An inspection was carried out in 2024 and the cost of Ihg work that needs lo ba carried out in the next five years was estimated to amount lo £34,970. In 2025 some work has been carried out and quolalions obtained resulting in a release of £8.000 of this fund. At 31 December 2025 no further commitments have been entered into. £3,000 has been provided for any costs arising from the 2029 inspection. The PCC has authorised in principle th8 replacement of th8 lighting in thfj Church and in 2015 il designated £25,000 towards the cost of this WOTk which has bgen placed on deposit. The work required is currently being scoped and quotations obtained. At 31 De¢ember 2025 no commitments hav8 be8n 8nlered into. Transfers between funds An amount of £8,000 has been released to12024.' £19,323 designated from) the general fund relating lo the likely costs arising from the 2024 Quinquennial Inspection. A further £3.000 has been desiqnalgd from the g8n8ral fund towards the likely costs arising from the 2029 Quinquennial Inspection. Restlcted funds Balance 1.1.25 Income Expenditure Balance 31.12.25 Mission Partners Churchyard All Youth Activities Church Fabric Penny Giles Memorial Trust Financial or Other Support Fund (formerly the Reclorfs Discretionary Fund) TOTAL FUNDS 228 12,065 1,809 3,525 258 1,223 {11.9801 (1.8091 (3,9571 17,9701 {2,817} 313 3,099 10,977 2,582 2.667 3,265 988 78,064 6.117 ,997 113,679} 142,2 2) 70,502 77.73 Purpose of restricted funds Mission Partners Fund - The reslricled mission partners fund was created lo account for donations receiv8d for our mission part8rs as a result of our monthly Mission of the Month app8als or other one-off gifts. 20
st Margaret's Church, Angmering Year ended 31 Decèrnbgr 2025 Not8s to the Financial Statements (conllmled) Charity Reglstratlon Number:1131362 Maintenance of Churchyard Fund - The restricted churchyard fund was created lo help with the maintenance of the churchyard, graves and grave stones. Annually a leller is sent to those families with relatives buried in the churchyard requesting donations towards the maintenance of their graves. All Youth Aclivilies Fund - The restricted all youth activities fund was created by donations from within the church family, legacies and grants for the Christian education and benefit of the youth within th8 parish. Up lo 2025 it includes the balance of a legacy for childrsn's activities on a Sunday, now fully ulilis&d, and, from 2023, the Rector's Discretionary Fund for Youth. Church Fabric Fund - This fund was established in 2023 as a result of receiving a legacy, the use of which was reslricled lo the fabric of Sl Margar81's Church in Angmgring. Reverend Penny Giles Memorial Trust Fund - This fund was established lo continue and to dovelop Penny Giles, vision for Christian Mission and her love for people in our community, both in the church family and of Angmering more widely. Financial or Other Support Fund (formerly the Rector's Discretionary Fund} - This fund was eslablished in 2024 as a result of receiving a grant of £74,951 for the Rector's Discretionary Fund from a Trust Fund containing the residuary 8slat8 of a late church m8mber. In previous years the Reclovs Discretionary Fund wa5 hgld by Ihg Rector and not Included in these accounts. In 2024 the unspent balance still held by the Reclor1£3,3761 was transferred lo the PCC and included in donalions.The name of the fund has now been changed lo reflect the purpose and practice of the fund. This is lo provide financial or other support lo the disabled son of tha late hurch member, to those connected with St Margaret's Church in Angmering and for Gospel projocls in Anomering and the local area such as FunDay. Marriag8 & Alpha Courses, Holiday Club, Light Party and Family Support Work After School Club. 13 Analys1$ of net assets by fund Unrestrlcted General Designated Funds Funds Restrlcted Funds TOTAL FUNDS 2025 2024 Total Funds Fixed assets for church use Current assets Current liabilities 17,572 395,113 113,5361 399,149 17,572 17.572 5,583 77,827 569,039 13,628 18,4151 537,416 556.207 60,532 77,827 92 13,536 459,681 60,532 77,735 14 Going Ctsncem Th8 PCC have projgc18d expected incom8 and expenses for the period lo December 2030. Over this period, based on current levels of charitable income, the PCC expects required 8xp8nses will b8 fully funded on an annual basis or from available reserves. 16 Conn9Cted CharltSos The William Older School Charity is connected lo the PCC as the Church Wardens and Ihe Reverend Canon Mark Sland8n are Iruslees. During the year £7.36812024.' £7,152} was donated lo this charily for Sl Margaret's Church of England Primary School. 16 Pension Scheme The PCC participates in the Pension Builder Schem& section of the Church Workers Pension Fund for lay staff. The Scheme is administered by the Church of England Pensions Board, which holds the assets of the scheme separately from Ihose of the PCC and the olh8r participating gmployers. 21
St Maryaret's Church, Angmering Year ended 31 DeGember 2025 Notes to the Flnanclal Stataments (conlh7uod) Charlty Reglstratlon Number:1131362 The Pension Builder Scheme is made up of two sections, Pension Builder Classic and Pension Builder 2014. both of which ar8 classed as defined benefit schemes. The PCC participates in the Pension Builder 2014 section. Pension Builder 2014 is a cash balance scheme that provides a lump sum that members use lo provide benefits al reliremenl. Pension contributions are record9d in an account for each member. DiscrelionaTy bonuses may be added before retirement, depending on investment returns and other factors. The account, plus any bonuses declared, is payable, unreduced. from age 65. There is no sub-division of assets between employers in each section of the Pension Builder Sthgmo. The Scheme is consid8red to be a mulli-employer scheme as described in Section 28 of FRS 102. This IS because it is not possible lo allribule the Pension Builder Scheme's assets and liabilities lo specific employers and means that contributions arg accounted for as if the Sch8me wer8 a defined contribution scheme. The pension costs charged lo the SOFA in the year are the contributions payable of £4,18712024.. £3,541 }. A valuation of the Pension Builder Scheme is carried out onco every three years. The most recent was carried out 8131 December 2022. The nexi valuation is due at 31 December 2025. For the Pension Builder 2014 section, the valuation al 31 December 2022 revealed a surplus of £8.5m on the ongoing assumptions used. There 18 no requirgmenl for d8fioil payments al the current lime. The legal slruclur8 of the Scheme is such that if another employer fails, the PCC could become responsible for paying 8 share of that employees pension liabilities. 17 Reconclllatlon of net {expendlturelllncome to net cash flow from operatlng actlvities Unrestricted General Designated Funds Funds Restricted Funds TOTAL FUNDS 2026 2024 Nel {8XPgndilure)lincome for the ygar Adjustments for.. Depreciation charg8S Inlere$t receivable from investments IDecrgasellincrease in accrued interest Decreasellincreasel in stocks Decreasellincreasel in debtors (Decrèasellincrease in creditors 12.2681 692 117,2151 118,791 } 187,874 2,487 {13,6171 14241 2.487 1,262 119,8421 117,6381 16321 2,269 146) 16,147) 1.224 (2,611) 97 13,6141 13051 1,*9 14,801 } 197) 1591 14 1,813 14,7871 Net cash lus•d Inllprovlded by operating activities 16,647 1,919 21,179 39,745 168,798 22
Report of the Independent Examlner to the Parochlal Church Council (PCCI of St Margaret's Church. Angmering Charity Registration Number. 1131362 Independent examlner's report to the trustees of The Parochlal Church Councll IPCC) of St Margat'S Church Angmering I report to the charity trustees on my examination of the accounts of the Parochial Church Council (PCCI of St Margaret's Church Angmering for the year ended 31st Dember 2025. Responslbllltles and basls of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of th8 Charities Act 2011 ('the Act,). I report in respect of my examination of the Trusl's 8ccounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5){b) of the Act. Independent examinevs statement Since your charity's gross income exceeded £250,000 your examiner musl be a member of a listed body. I can confirm that l am qualified to undertake the examination because l am a registered member of the Association of Chartered Certified Accountants, which is one of the listed bodies. I have completed my examination. I confinn that no m8terial matters have come to my attention in connection with the examination giving me cause to believe that in any material respect- accounting records were nol kept in respect of the Trust as required by section 130 of the Act,. or the accounts do not accord with those records; or the accounts do not comply with the applicable 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 confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts lo be reached. Sarah Alexander FCCA FCA Lewis Brownlee (Chichester) Limited Appledram Bams Birdham Road Chichester West Sussex P020 7EQ Date.. 23