Charity registration number 1131405 (England and Wale5)
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF ST SWITHUN, EAST GRINSTEAD
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF ST SWITHUN, EAST GRINSTEAD
LEGALAND ADMtIYISTRATIVE INFORMATION
Trustees
J Br%"ant
J Durrani
J kai"e
J Phipps
J Parsons
K Moonei,
D E RatcliffL
A F J Frankhuiji.en
S J LiT]lon
J W Lanca￿er
P J I leii'ett
A Durrant
H C Saunders
L ColM"cll
Thc Rci.. Lukc McKinnon Mffiitcman
b. Whittsker
J Ellis
{Ap￿inted 9 Scptctnbcr 20241
(Appi)inled 21 April 2024}
(Appointcd 21 April 2024)
Charity number (England and Wales)
1131405
Principal Address
St SM"ithun's Parish Officc
St Sii"ithun's Close
last Grinslcad
Wesi Sussex
R111931411
Independent examiner
Darren Harding ACA FCCA DChA
Richard Placc Dob50n Serviccs LiTllited
-7 Station Road
Craii le)"
West Susscx
RHIO IHT

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF ST SWITHUN, EAST GRINSTEAD
CONTENTS
Page
Trustces, rcport
Independent examiner's report
Statemcnt of financial activitics
Balance sheet
Notes to thc tinancial statcments
10-25

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF ST SWITHUN, EAST GRINSTEAD
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
Thc trustccs prC￿nt their annual report and financial statcmLnts for the I'car cndcd 31 IkCcME￿r 2024.
Thc financial statetnents havc iKen prcparcd in accordancc with the accounting w>licics set oul in notr I to the fiiiancial
statLillLnts and compli" H'ith thc chariTh s govLming docutninL ii.hich is thc Parochial Church Councils IPoM'crs} Mcasurc 1956.
Ihe Charities ,Ict 2011 and "A¢couniing and Reporting b! Charities- s￿￿ment of Recommended Praili¢e applicable to
charities prcparing their accounts in accordanc¢ H-iih the financial RepKTrrting Standard applicable in the UK and Republic of
Ircland (FRS 102)" IcffcctiVL l January. 2019).
Objectives and activities
Thc Parochial Chlirch Council IPCC) has thc rcsFonsibiliTh" of c0-0￿ratIng i*ith thc incumbcnL Thc RcTrcrcnd Lukc Whitc
from 9 SepteM￿r 2024 and the churchw'ardens. as sequestrdtors. up to that dale. in:
Thc promotion of thc gos￿1 of thc Lord Jcsus Christ according to thc doctrincs and practiccs of thc Church of
England.
Promi)ling in the parish ihe m.hole mission ofthe church. pa￿Oral. ￿ClaI. evangelislic and e¢umeni¢al.
To kno￿. Jesus bettcr and makc Him tKtter knoii"n.
Prnctical supp)rt and care for people in the parish. from the i'oungesi to the eldest. irrespective of level of need or
abililN lo pav.
Providing financial 5UPWbrt for thosc in necd and. to other organisations I￿1th SiTnilar objcctivcs.
The trustees hal'e paid due regard to guidance issued bv the ChariTh' Commission on public benefit and in particular the s￿CIfiC
guidance on "chariti¢5 for th¢ advancetnent of ￿ligIOn ii.hcn dcciding what activities the charits" should undcrtakc.
Welcome and Collation of Reverend Luke Wbiteman
On th¢ 9th kptctnEKr 2024 11"e held a s¢rn'ic¢ lor the parish and local COTlltnunit%- to iwclcome our nem. Vicar Luke Whitctllan
and his familN' to thc parish. ThL PCC and thc congrLgation look forw7rd to iTrorking M'ith Lukc and supwrting him ￿1th his
ministr). in East Grinstead.
A mcssagc trom Rcvercnd Luke 11.'hiteman:
It is a deep honour to have joined St Swithun s ehvreh as its new Vicar. I hai'e found Si s￿Ithun,s to be a friendly and
welcoming place. a place Mi¢h beauliful iiorship and iYi¢h man! TM)ple longing w come closer io Gi)d. focus in the coming
cars ii'ill bc to lead thc church to build upon th¢ ii"ondcrful foundations alread!" in placc. to reach out ii'ith the Good NeTh's of
JLSUS to a nLlI' gLnLration East Grinstiad rLsidLnts. I look foThTr"ard to ￿YIng what God will do in our midst in thc coining )wcars
and will be prai'ino that we all know his blessing.
Achievements and performance
Sigvificanl ociivilies andockieiemenls against objeclives
Thc PCC ha5 Cotnplicd with ihc duti. under scction 5 of the Safeguarding and Clcrg). Disciplinc Measur¢ 2016, fully
rccognising its dut! to havL duc rcgard to Housi of Bishops, guidancc on safcguarding childrcn and Trulncrablc adults.
In 2024 we discusscd and planned thc tolloil'ing objcctives and activitics to fulfil our aims=
F.nabling as man). people as possible io Morship ai our ¢hur¢h
Enabling as mani. PL"opIL as wssiblL to ￿-CO[nL part of our parish com]nunity-
Teaching. baptising and nurturin? neil. and eiistin? ￿lIe%.erS
Maintaining an overviem. of i¥"orship throughou¢ the parish
Considering ho￿. seTr'iccs can involi'e the man!- groups that live within the parish
Putting faiih into practlCL. through sacrainLtit and pral'cr. scripturc and tnusic
OtTering ￿'OrShIp and pral'er. learning aLx)ut ihe GO5￿[. in small gri)up siluaiions
Assisting pcopl¢ frotn all walks of life to develop thcir knoii"ledg¢ of. and trust in. Jesus
Provision of pastoral carc for pL￿p[l lii"in2 in thL parish
Provision of assisiance to the poor and needi of the parish
Giving grants lo mis5ionar% organi5aiions
RLaching out to thL unchurchLd through our iVLbsitc. Faccknk pagcs and A Cliurch Ncar You.
Maintaining the fabric of ihe church building &s a hisioric and culiural centre in the i0￿.n.
page I

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF ST SWITHUN, EAST GRINSTEAD
TRUSTEES, REPORT (coNfINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Attendance at worship
'l-he Lhur¢h lamilN' Mel¢omes visilors from wiihin as m.ell as ouiside ihe parish tM)undary'. Visitors aliend bj, personal choice and.
it 15 our great pleasure to ii'elcotne individua15 and familic5 froTn all u.alks of life to take part in th¢ litc of th¢ church. We
contcnd that voluntm, attcndancL in H-'orshipping thc Lord JLSUS ChrisL is a major dcmonstration of public ￿nCrit of our
activities. We look to encourage the deerenin? of faith for all aees. and aloneside our services there is a programme for )'oung
people from crèche through to tecnagers.
Thc ai'erage rcgular ii'eckl!" attendance. counted during Octob¢r was 173 adults and 20 children, M-ith the number increasing on
Harvcst Sunda!. and Nl'ith Baptistns. SincL Lukc took up his FK)St in SL-Ptc1n￿r. Ivc hai'L Startcd to Suc an incrLasc in SL-rvicc
allendan¢e. and it has ken a great en¢ouragemeni io ii"el¢ome neil" families and individuals ai Si. s￿lihUn s.
.asier is the high point in the church's lear an(L Ihanks ￿ our iwo self supwrted curaie& m.e M'ere able lo olTer a full Ilolj
Wcck i%'ith all th¢ services from Palm Sunda!" to l.asicr Da!, ii.iih a children s holida!. club during ihe wcek. The￿ Ftrforined the
Eastcr Storv on Good Fridai" morning in ihL church for famil!" mL[ll￿rs. On Eastcr Da!" ￿"L hcld a Dawn EucharisL lit thkn ncw
rire of Easter and the Paschal Candle. We also reneii'ed our Bapiismal Vows in church. Ai Easier ihere Mere 125 communicants
and 169 people ai the sern'ices.
Chrislm¢)s is a vern. special lime of celebration where man! sections of the communil! cc)me together. "l-his )'ear m.e provided a
full programtnL of scrvicLS opcn to thL public and WLlcomLd thL local schools for thLir Carol SL Triccs in tl)L church. Wc also
held a Christingle Service, a Parish Carol Sern'ice. ￿.0 Crib Sen'icek Midnight Mass and on Christmas Morning there ivas a
F'amilv F.uihariNI. Illl ihese services m.ere ven" iiell aiiended i%"iih a high volume of visiiors at each. Al Chrisimas 0￿er 5,000
people attcn(kd 5crviccs including the school and church carol scn'icc5.
We continued our emphasis UFOll thc lamil!" and thc children s Tnini5M". The Youth Group. TIL4X. ha5 a thriving group of 6
'ounger people (aged 10- 161. who allend regularl!. and lake part in a varieTh' of aciivities. TIL4X is open to Year 7+ and Ineets
on the Second Sunda!, evening of the month.
Teaching? bapti$ing* and nurturing new and exi$iing believers
In 2024 thcre ￿'t[C 6 ￿'eddIngS: 21 church luncrals with 18 othcr funerals conducted for parishioT]crs- 2 children and l adult
'erL baptiscd.
A good number of la). volunieers coniinue to take an active part in our ser4'ices along wilh our musicians. We continue to seek
to extend ihe opportunities for ihe exercise ofministr% and gifts within the life ofour ¢ommunils'.
Evangelism and outreach
W¢ have 4 tnetnb¢rs of St S￿.]thun s activc on thc Goi'crning Bod% of Si Mar)" s Church of Ingland School. During the ￿'¢ar we
havc continucd to connLCt with Escots. ThL Mcad& and Blackii"cll Pritnarn" Schix)Is in thc parish for assctnblics in school.
church visiis and Christmas and F.aster services.
l)uring l.ent 20?4 Me held l.en¢ courses in ￿r%)n following the Dio¢esan l£ni maierial and those who joined in found them
beneficial and cnjowed thc felloil'ship.
Provision of the church building for people to enjoy
Our church continuLS to ￿- apprcciatLd b!. our parishioncrs and man!. othcr Trisitors ￿th from this countrn. and from abroad, as
a space iN'here life events are celebrated with jo!" and thanksgiving. Il'e hai.'e continued to explore wa￿S in which the church
building ian be Ubed for eN'en¢s in addition io *r¥ices_
'lThe F.asi Grinsiead Choral Societi. no￿ enjoys a pemianeni home ai S¢ Swiihun s for regular rehearsals and Concerts. We also
hcld thc St Swithun's Fcstival of thL Arts at thL Lnd of JunL ￿-Ing an OPFK)rtuniti' to cclcbratc thc artH.'ork of SackvillL School
and M'o other Art CJroups in the ioii'n. There H'as also a full progrdmme of lunchtime concerts. an evening piano recital and a
Communil), l£¢ture on Ans and Crafts buildings in F.a5( Grinsiead_
In MaN' and NoveM1￿r we held Craft F'a! res inside th¢ church. -I"he nave and side aisles filled with a wide variety of
cratl¢r5 and their ii'arcs. The!. all appreciatcd the spacc and hospitalits, sho￿￿ bi" the church. Throughout iK>th fa>'res there wa5
a high volutnc of visitors.
It is imp)rtant to us that the church is available for prii'aie prnl'er noi just for the church famili, but to the ii'ider illisiting
community. -lo this end the church building is alwa!"s o￿n during dai"lighi hours_ "Ihere is a place lo lighi a candle and sa) a
praN'er and the tii'o side chapcls arc often uscd b!, visitor5 as a space for pra!"er and silencc. llfhen the M'ar in Ukraine started in
FcbruaTh' 2022, ￿'L mountLd ihc prai'Lr from thL Archbishops of Cantcrbun. and YorL togLthcr M'ith a pcrtnancnt light, on thc
candle stand. This continues to attract atteniion from ljkrainian refugees and locals alike ￿1th candles lit and ivritten praN'ers
being Icfi behind. Individua15 comtncnt on how" rcfrcshing it is lo lind a 14.arm church. ThcN' also r¢inark on the
pcaccfiilncss and spiritual atmosphcrL in thL building. Oihcrs comL to thL historical architLCturL and its notablc staincd gjass
.'ithin. and to see some of the interesiing monuments around the church.
page 2

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF ST SWITHUN, EAST GRINSTEAD
TRUSTEES, REPORT (coNfINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Future projects and major syork on the church building- Togcthcr with Lukc. our nem. Vicar. thc PCC will dccidc and plan
capiial pri)jeits in the coming l'ear.
Provision of pastoral care for people living in the parish
The ReN'erend Luke Whiieman together iiith one self Sup￿rtIng curdle and a retired priest are res]N)nsible for arranging
hospital visits and hotll¢ communions. Th¢ nutnber of N'oluntecrs oftering this Ca￿ has rcduccd but visits to the 4 care homes
continuL for tnonthli" cotllmunion scrviccs for thosc too frdil to attcnd church. An aTrLfdgL of Ilk12 ￿-0p]e attcnd thLSC scrviccs
each month.
A memkr of the congregation runs a Julian Prai"er Group. every" month: for Mem￿￿5 ofthe congregalion kn foster the leaching
and practice of contcmplativc pral'er and meditation.
In addition a church tnctnber gi￿.¢5 titnc lo the work of the Churche5 Togcthcr Street Pastors organisation in the toTrvn. Regularly
thei. sacrifice iheir time and energies in caring. li51enin? and helpine ￿Ople ii.ho remain oui in the sireeis late at night.
Provision of tangible support to the poor and need).
The church famil!. has supp)rted man!. mission and charitable socieiies. b!. Iva!. of donations amounting to £6.900 for charities
in the UK. and £7.000 donated to overseas charitics and projccts- sce notc 10. In addition to this ai harvest we donated £360 to
thL East Grinsicad Foodbank.
Other charitable gii'ing
The parish i¥ebsite coniinues io be updated helping 10 maintain links Eenleen (he church family and members of the wider
community.
Deanery Synod
Thre¢ members of the laiN' reprcsent thc parish on thc tkanen" Sl'nod. This provides the PCC ￿1th an iinpKTrrtant link bctt¥¢en
thL parish and thc widLr siructurcs of thl church.
Finanf ial review
Thc PCC had total funds of £1.230.389 at 31 DL-CCtnbcr 2024 (2023 £1.224.192). of ii'hich £30.015 is unrcstrictcd 12023
£59.834).
During the year the charitv received unrestricted income of £231.405 12023 £236.6561 from its charitable activities and
ini'estments. -I'he unreslriiled expendilure in the !"ear m.as £236.552 {2023 - £251.005) gii'ing a deficit of unrestriited income
ovcr cxpenditure of £i,147 (2023 - £14.349}.
Reslricted incotnc in the N."car li'as £13.81012023 - £10.1981. Aftcr dcducting restrictcd expcndilurc of £14,23312023 £9.9771
thLrc Ii'&s a dcficit of rcstrictcd incotnc ovcr Lx￿nditurC for thc i'car of £423 (?023 - £221 surplus).
Includcd in incotnL. thL ins'LStmunt incotnL fccLiI'Ld during thL !"car li.as £25.961 (2023 - £23.i781 shoii'ing an improvcincnt in
investment perforniance. The markei value of ini'estmenrs held at 31 DeCeM￿r 2024 increased to £565.045 (2023 £553.369)
bul this increase in value is notional and ￿"111 onli" ￿cOMe a real ifand ii.hen ani in￿¢s(Ments are sold.
Unreslri¢ted income from planned giving and ¢olleciions ai services in the l.ear iolalled £93,185 {2023 £92,999) on which the
church rcclaitn¢d incotne tax. rccoi'crablc under gift aid. of £22.465 {2023 - £23.548}. Thesc figurcs show an increase in this
incoinL sourcL of just undLr 10/0.
page i

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF ST SWITHUN, EAST GRINSTEAD
TRUSTEES, REPORT (coNfINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Reserves Policy
11 i% PCC poli¢N to maintain a balance on unre51ricted cash resources M"hi¢h equa￿5 io & leasi six months unrestricled paymenls
to cover ctnergencw situations that ma!" ari5¢ froTn time to limc. Currcnl unrestricted cash resources hai'c been tnaintaincd at six
months biidgctLd cxpcnditurc. This includLS Ccrtain c￿h rLsourccs hcld in dctM)sit accounts and thc rcadilsw availablc ini.'cstsncnt
funds, which are included ii'ithin the accounts in the design￿ed fund balance. During ?025. togeiher H'ith the vicar, the PCC
'ill revie￿. its protK>sed projccts for outreach and iMpro￿.¢￿cnts to the parish church and decide hoii to proceed. It is the PCC
polic!, to inTr'cst flind balanccs in CXCLSS of immLdiali rcquircmcnts in thc C.B.F Church of England invcsbnunL fixcd intcrcst
and properti, funds as ii"'ell as its dewsit fund.
Investment Policy
Assets noi immediatel!, required for the chariti s omn use ii'ill be ini'esied to achieve a balance of income and capital gro1￿h,
subject lo ai¢¢pting onli. a modeia¢e lei.el of risk_ "lthe PCC has adopted a resTX)nsible inveslmenl N)lic). All inveslmen¢s are
held in accordance ￿'1th Church ot Ingland cthical ini'cstmcnt guidclines.
Risk Management
Thc principal risks taccd b!" the chariti. have bccn a￿SSed b!. Ihc trustces and a rtsk rcgistcr has bccn produced to Tnanagc the
risks and is rLgularl!' updatLd and monitorcd. A frLsh rLViCii- Ivas undcrtakcn in accordancL m.ith thc Criininal Financcs Act
2017. Hilary Saunders. a member of the PCC. has been app)inted as the parish safeguarding office and re]xTrrts regularlN' to the
PCC and the congregaiion on safeguarding isbues.
Strllcture? governanee and mgnagement
Thc PCC 15 rcgistcred with thc Charits. Commission as rcquircd b!" the Charities Act 201 I with its governing document being
thL Parochial Church Councils IPowLrsl ML&surc 1956. Thi PCC is pan of Ihc Dioccsc of C.hichcstcr ii"'ithin thc Church of
England.
Thc trustccs Mtho scrvcd during thc )'car and up to thc datc of signaturc of thL financial statcmcnts wcrc..
J BTh'ani
J Durrant
J Kayc
J Phipps
J Parsons
L Bryant
K Mooney
D E Ratcliffc
The Reverend Canon J K Peatv.
A r J Frankhuijz¢n
S J Linton
J W l.ancaster
P J Hcw¢tt
K Pickstock
A l)urranl
H C Saundcrs
L Colii.'ell
H Westo
Thc Rcv. Lukc McKinnon Whitcman
. Whiiiaker
J Ellis
{Resigned 19 March 2024)
(Resigned 31 Augusi 20241
{Resiened 25 August 20241
{Resigncd 19 March 2024)
{AptM)intcd 9 scptL￿￿r 2024)
(Apwinied 21 April 2024)
{Apwintcd 21 April 2024)
Recruitment and training of trustees
Thc PCC looks to the church congregation for ioluntcer5 to become ne￿. Irusiees. The volunteers will be cotnmunicants of the
Church of England and tnust k nominatLd and SLcondcd b!. tt4"o ￿LIn￿rS of thc church con?rcgation. At thL Annual Parochial
Church Meetin? members of the con?re?aiion are asked io seleci the neil. trusiees from those nominated. Training and guidance
on thc rolc ot being a trustcc and thc ￿'orkIngS of lh¢ PCC is proi'idcd to all ncii- trustecs.
page 4

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF sr SWITHUN, EAST GRINSTEAD
TRUSTEES, REPORT (CONTINUED)
FOR THE YE4R ENDED 31 DECEMBER 2024
irustees. repori was approved ￿. the Board ofTrus*es.
Thc RcTr. l.ukc McKinnon Whii¢man
Vicar and "I"ru5tee

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF ST SWITHUN, EAST GRINSTEAD
INDEPEIYDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE PAROCHIAL CHURCH COUINCIL OF THE
ECCLESIASTICAL PARISH OF ST SWITHUN, EAST GRINSTEAD
I rcw>rt to thc trustccs on mv Lxatnination of thc financial statctncnts of Thc Parochial Church Council of thc Ecclcsiastical
Parish of St Swithun. East CJrinstead lthe charits.) for the l'ear ended 31 December 20?4.
Responsibilities and basis of report
As the Irubtees of the charii! lou are resry)nsible for the preparaiion of the financial stsiements in accordance wilh ihe
rcquiretnents of the Charitie5 Aci 2011.
I re￿rt in respect of my examination of Ihe ehartti, s financial staiements carried out under section 145 of the Charities Act
2011. In carTh'ing out mw" cxamination I havc folloiycd the Dir¢clions gii.cn b!" the Charity Commission under scction 145{il(b)
of thc Charitics Act 2011.
Independent examiner's statement
Your attcntion is draiN'n to thc faci that thc charits. has prLparcd thc financial statcmcnts in accordancc ￿1th thc rclcvant Tre￿10n
of the Statement of Recommended Practice applicable 10 chariiies preparing their financial staiemenis in accordance wilh the
F'inancial Rewrting Standard applicable in the LIK and Republic of Ireland (FRS 1021 in preferenie to ihe Aciounling and
RLPOrting by Charitics.. StatLmLni of RccommLndLd Practicc ISSUud on l April 200) which is rcfcrrcd to in thc Lxtant
regulations but has noiN' been il'ithdrawn. l understand thai this has been done in order for the financial statements to provide a
Irue and fail view in aciordance ii'iih UK Generalli" A¢cepied..Ic¢ouniing Pra¢iice.
I haN'e completed mTr' examinaiion. I confirni that no matters ha*e come to mv attention in connection ￿'1th the examination
giving me cause io believe thai in an! malerial rtspe¢i".
accounting rLcords iiirL not kLpt in rcstLct of thL charits- as rLquifLd bi. scction 130 of thc Charitics Act 2011.
the financial siatements do not accord ii'ith those records. or
the financial statcmcnts do not COTnpIN" ii.ith the applicable rcquircmcnts conccmiT]g the fonn and content of financial
statctncnts sct out in thc Charitics IAccoLlllts and RcFortsl Ri2ulations 2008 othcr than an!- rcquircincnt that thc financial
staiements give a true and fair i'ieii.. Hhich is noi a matter considered as pan of an independent examinaiion.
I hai'c no concLrns and havc comL across no othcr Inattcrs in conncction with thc cxamination to ￿'hICh attcntion should
drawn in this report in order io enable a proper understandin? of Ihe financial sthtements to be reached.
Darren HardingACA FCCA DChA
Richard Placc Dobson Scrviccs Limitcd
-7 Siation Road
CraM".le)'
West Sussex
Datc.. 28 March 202)
page 6

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF ST SWITHUN, EAST GRINSTEAD
STATEMENT OF FINANCIALACTIVITIES
FOR THE YE4R ENDED 31 DECEMBER 2024
Current financial year
Unrestrieted Unresirieied
funds
funds
general designated
2024
2024
Restrieted Endowment
funds
funds
Totsl
Total
2024
2024
2024
2023
Notes
IncoThe and endowments from:
Donations and ILgaciLS
Charitable activities
Other trading activitics
Iniwestments
Other incomc
145.138
35.224
7.847
43.196
5.987
7.823
151.12)
130.435
35,678
7.228
40.618
32.917
7,847
43,311
Total ineome and
endowments
231.405
13.810
245.330
246.876
Expenditure on:
Raising tund5
Charitable actil'ities
10
6.602
229.950
6.602
244.183
7.541
253.463
14.233
Totsl expenditure
236.i52
14.233
250.78)
261.004
Net gain￿(10ssC5) on
investments
15
11.652
11,652
35,459
Net ineomel(expenditure)
(5.147)
11.652
(423)
115
6.197
21,331
Transfcrs bctwccn funds
124.67?}
24.787
(115)
Net movement in funds
12
{29.819)
36.439
(423}
6,197
21.331
Reeoneiliation of funds:
rund balances at l Januar). 2024
59.834
-128.369
33.299
2.690
-224.192
1.202.861
Fund balances at 31 Deeember
2024
30.01)
1.164.808
32.876
2.690
1.230.389
1.224.192
Thc statetnent of financial activitics includcs all gains aT]d losscs rccogniscd in the N'car. All income and exp¢nditurc derivc
frotn continuing activitics.
page 7

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF ST SWITHUN, EAST GRINSTEAD
STATEMENT OF FINANCIALACTIVITIES (coNrtNUED)
FOR THE YE4R ENDED 31 DECEMBER 2024
Prior financial year
Unrestricted Unrestrie¢ed
funds
funds
general
designated
2023
2023
Restrie¢ed
funds
Endowment
funds
Total
2023
2023
2023
Notes
IncoThe and endowments from:
Donations and IcgaciLS
Charitable activities
Other trading activitics
Iniwestments
Other iniome
1 ?6.837
29.078
7.228
40.596
32.917
3.598
6.600
130,435
35,678
7.228
40.618
32,917
22
Total ineome and endowments
236.656
10.198
22
246.876
Expenditure on:
Raising funds
Charitable activities
io
7.541
243.464
7,541
253.463
9.977
22
Total expenditure
251.(N)5
9.977
22
261,004
Nct gain51llos5es) on
inTr'cstmcnts
15
3i.4i9
35,459
Net incomel(expenditure)
(14.349)
3).459
221
21.331
Transfers between funds
25.135
125.000)
{135
Net movement in funds
12
10.786
10.4)9
86
21,331
Reconciliation of funds:
Fund balancLS at l Januar). 2023
49.048
.117.910
33.213
2.690
1.202.861
Fund balance5 71t JI December 2023
i9.834
1.128.369
33.299
2.690
-224.192
page 8

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF ST SWITHUN, EAST GRINSTEAD
BAI.ANCE SHEET
ASAT31 DECEMBER 2024
2D24
2U23
'Idngible Lsbets
JTrv¢%imint5
17
450.000
565.IH5
45(I.tM)O
553.J69
18
1.015.045
i.(X)3.369
Currenl asStt$
Dibiors
Cash at bank and in hand
19
30.191
200.887
25.523
221,746
231.078
?47.269
C-redIt￿r1. amounts falllng due wiihin one
ve#r
20
(15.734)
126.4461
ei currtni a55eis
215.i44
22(1.823
Tvi*l turrtnl liabililie
1.230.38C)
1.224.192
"Ihe fuDt15 of ihe ¢hariiv
li
2.()90
32.876
30.015
1.164.80¥
2_690
3?.299
59,834
1,12¥.369
ReslTlCted incotne lund8
IlnLslrictLd lunds" general
ljnrestrscttd funds- designa*d
24
22
l.?_Ill.IX9
-224.192
hL linaJ]Lial stalL'mLnlS IVL'fL" 3
rove
JhyihLI
5tLY5 On_
A Durrant
Rei.. Luke McKinTKin Whitcman
Vke*r *nd Trn5ttt
paee 9

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF ST SWITHUN, EAST GRINSTEAD
NOTES TO THE FINANCIAL STATEMEiYrs
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policies
Charity informatio
The Parochial Church Council of the Ecclesiasiical Parish of Si S￿ithUn. East CJrinstead is a charitv with registered
otTice". Si Swiihun's Parish OtTice, Si SM iihun's Close. F.asi GrIns￿ad Rl 119 3BB.
1.1 Accounting convention
"I'he financial siaiement5 hai'e been prepared in a¢¢ordan¢e m.ith the charit!" s goveming documeni. Ihe Charilies Act
201 I, FRS 102 -The financial Rcporting Standard applicablc in the Uk and Republic ot Ir¢land-" {-'FRS 102-") and the
Charitics SORP "Accounting and RLWrting b!. Charitics.. Staicmcnt of RccotninundLd PractiCL applicablc to charitics
preparing Iheir ac¢ouns in a¢cordance ii.ith the Financial Rewrting Standard applicable in ihe LIK and Republii of
Ireland (I.RS 102)" leflcctil'e l Januar%" 2019). The charits" is a Public Benefit Intity" as defined bN' FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
Thc financial statLmLnts havc dcpartLd from thc Charitics (Accounts and Rcp)rts) Rcgulations 2008 onlN' to thc cxtcnt
required to prol'ide a true and fair viem.. This departure has involved folloii'ing the Statement of Recommended Practice
for ¢haiili¢s applying F RS 102 rather than the version of the S￿￿ment of Recommended Praciice which is recerred to in
thc Rcgulations but ii'hich has sincc iKen iyithdraiim.
"I'he Iinan¢ial sialements ale prepared in sierling M"hich is the funciional curren¢!' of ihe charil!.. Monevdrv amounts in
thcsc tinancial statcm¢nts arc rounded (o the nearcst £.
"I'he finan¢ial statements have been prepared under the hiswri¢al cosi conNeniion. l-he principal accounting wlicies
adopted arc 5Ct out below.
1.2 Going coneern
At thc timc of approving thc tinancial statemcnt& the Iru5tces have a rcasonable CA￿CtatIon ihat the charitv has adcquatc
resources to continue in operational ekisience for the foreseeable future. Thus the in]stees continue to adopt the going
¢on¢ern basis ofaciouniing in preparing the financial sthleMen￿.
1.3 Charitable fund5
UnrLstrictid funds arc availablL for usc at thL discrclion of thc trustccs in furthcrdncc of ihcir charitablc objcctivcs.
D¢5ignatcd funds are unrc5tricted tund5 Sct asidc at thc discrclion of the Irustecs to bc used for a specific pury)ose. The
dcsignatLd fund for fixLd a5￿tS is that part of thL UtlfLStricicd funds that rcprcscnts fixcd asscts uscd in thL day. to day
operation of the Charl￿,.
Restricted lunds are subject io specifi¢ ¢ondilions bi" donors or granwrs as ￿ how the). ma). be used. 'lThe purtxises and
uscs ot thc restricted lunds arc sct out in the nolcs lo the linancial slatetnents.
EndoM'tnLnt funds arc subjcct to st￿CLf1C conditions b!. donors that thc capital inust ￿ maintaincd b). thc charit),.
1.4 Ineome
Income 15 rccognised ii'hen thc charits. 15 Icgall!. cntiilcd to it after anj ￿rfO￿lanCe conditions hai'e iKcn met. thc
amounts can tncasurLd rcliabli.. and it is probablc that incoinc will IK rccLiVCd.
Cash donations are recognised on receipt. Other donations are recoenised once the charit5. has been notified of the
donaiion. unless ￿[toM1<)n(C conditions require defetrJl of ihe amouni. Income ￿ r¢￿)verdble in relation lo donations
reLciv¢d under gift aid or deeds of covcnant is rccogni5cd at the titnc tnonc!- is received from HMRC or at thc ycar end as
a dcbtor.
page 10

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF ST SWITHUN, EAST GRINSTEAD
NOTES TO THE FINANCIAL STATEMEiYrs (corfflNUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Aceounting policies
(Continued)
Legacies are recognised on receipt or othetii'ise if Ihe chariti. has notified of an impending distribution. the amount
is known, and reccipt is eAFKCted. It the amount 15 not known. thc l¢gaci' is treated as a contingent aS￿L
1.5 Expenditure
Expenditure is recognised once there is a legal or eonstruciive obligaiion to transfer economic benefit 10 a third path, it is
probable ihat a iransfer of economic knefils li.ill k required in seiilemenL and the amounl of the obligation Can be
mLasurLd rLliabli".
F.XTRnditure is claisified b). actiiil!. The ¢os1s of¢a¢h aclivil!, are made up of Ihe ¢oLIl of direct cosis and %liared wsls
including 5UPPOrt Costs involvcd in undcrtaking cach actii"its". Direct costs attributable lo a single activits. arc allocated
dircctly to that activits." Shar¥d costs M"hich contributL to morc than onc activits. and SUPFOrt costs ￿h]ch arc not
attributable to a single aciii'iti" are app)nioned kiiieen ihose aciii"ilies on a basis consisienl with the use of resources.
D¢preciation charge5 are allocated on the FK>rtion of the assct s usc.
1.6 Tangible fixed assets
Tangible fixed asseis are initialli. measured at cost and subsequentlN' measured al cost or valuation, net of depreciation
and anN' impairmcnt Ios5CS.
Deprcciation is rccogniscd so as to writc off thc cost or valuation of assets Ics5 thcir residual values over their useful lives
on the following bases..
reehold land and buildings
No depreciaiion
The gain or loss arising on ihe distK)sal of an assel 15 dclermined as the ditTerencc iKtti'ecn the salc procccds and thc
carry'ing valuc of ihc aski. and is rcco?niscd in thL StatcinLnt of financial actii'itics.
1.7 Fixed asset ini'estments
ixed ¢)Sset ini'esimenis are initialls" measured at iransaction price e.x¢luding transaclion Cosls. and are subsequenil
mcasured at tair valuc at cach reporting dale. Changcs ITJ tair i'aluc arc recognised in ncl incoinel(expenditurel for the
year. Transaction costts are expensed as incurred.
1.8 Impairment of fixed asset$
At each reporting end datc. thc charity" rcvieM"s the carn.ing atnounls of its tangiblc a5￿ts to detcmiine whcthcr th¢rc is
anj. indication that thosu asscts haiL suffcrL"d an iinpairniint loss. If ans- such indication cxists. thc rccovcrablc amount of
Ihe asset is estimaied in order io delemiine the ex￿n[ of the impaim)eni loss (ifani l.
1.9 Cash and cash equtYalent5
Cash and cash LqUlTr'alLnts includL cash in hand. dl￿SIt5 hcld at call 14.ith bank& othcr short-tcrin liquid invcsttncnts ii'ith
original maturiiies of three monihs or less. and bank ovenfrafts. Bank overdrafts are shown w'ithin EOrro￿.1ngS in eurrent
1.10 Financial instruments
The charity." has ¢l¢cted to applN' thc provisions of Section I I 'Basic financial Instrumcnts. and Section 12 '0ther
Financial Instrumcnts IssuLS' of FRS 102 to all of its financial instrumcnts.
inancial inslrumenis are re¢ognised in the charill's balance sheei ii.hen (he chariiN. becomes part!, lo the contraclual
provisions of the in5trum¢nt.
pagell

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF ST SWITHUN, EAST GRINSTEAD
NOTES TO THE FINANCIAL STATEMEiYrs (corfflNUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Aceounting policies
(Continued)
Bosicfinanciul ussels
Basic tinancial asscts. ￿'hICh includc dcbtors and cash and bank balances. are initiall!" measured at transaction price
including transaction costs and arL" subscqucntls" carricd at atnortiscd cost using thc uffcctii'c inturcst mcthod unlLSS thL
arrangement consiitutes a financing tr￿n￿e[lOn. ii'here the Irdnsaciion is measured at the present i'alue of the future
reccipts discounted at a markct ratc of inlcrcsL financial asscts classified as r¢cci￿abIC ￿.]thin onc vear arc not amortised.
Bosicfinanciul liubiliti
Basic tinancial liabilities. including crcditors and bank loans arc initialli. recogniKd at transaction price unless the
arrangcmLnt constiiutus a financing transaction. i1.1￿r￿. IhL dLbt instrutncnt is mcasurL-d at thu prcscnt Traluc of thc futurc
pa).'ments discounted at a market rate of interest. Financial liabilities classified as pai'able ii'ithin one year are not
amonised.
Trade crediiors are obligations to pav for ?￿)dS or setvices that haire been acquired in the ordinarn, course of operations
from suppliers. Amounts pa)"able are ¢la55ified as curreni liabililies ifpai.meni is due wiihin one )'ear or less. Ir noL they
arc prebented as non-currcnt liabilitics. Trad¢ creditors are rccogniscd initiallN" at trdnsaction pricc and subsequently
mLasurLd at atllortiscd cost using thc cffcctii'c intLfLSt Incthod.
1.11 EThployee benefits
The cost of an! unused holidaTr' eniiilement is recognised in the period in which the emplo)'ee s setTrices are receiiwed.
Terniination bcncfits arc rccogniscd immcdiatcl!" as an ex￿￿￿ when thc charits" is dcTnonStrab1￿ committed to temiinate
thc ctnplol'tncnt of an cmploi'cc or to pn)vidc tcmiination bcnLfits.
1.12 Retirement benefits
Pap'tncnts to dcfinLd contribution rctircmLnt IKncfit schcmcs arc chargcd as an LX]Knsc as thci. fall due.
Critical accounting estimate5 and judgements
In the application of the charil!. s accouniing rK)licie& the Irustres art required ￿ make judgements, eslimales and
as5umption5 about thc cam.ing amount of assets and liabilitics that are not rcadili. appa￿nI trom othcr sources. The
cstimatcs and associatLd asslimptions ari bascd on historical CiFL"fiLncc and oihcr factors that arL considcrLd to L
relevant. Actual results ma), differ from these estimates.
Thc cstimatcs and undLrli"in2 assumptions arc rcvicm.cd on an ongoin? basis. Rcvisions to accounting cstimatcs arc
recognised in the period in ivhich the estimate is revised il'here ihe revision affecis onl!. that period. or in the period of
Ihe revision and l-uture periods M,here ihe reyision atTe¢is ix)ih curteni and future ￿riods.
Critieal judgements
Investment valuation
Valuation of invLStmcnts at markct i"aluc. ba￿d on calculaiions bN" thc inN'cstmcnt fund managcr. Thc invcstmcnts arc all
held ii'ithin recognised fimds ii'hich hale an easil). identifiable market N'alue.
page 12

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF ST SWITHUN, EAST GRINSTEAD
NOTES TO THE FINANCIAL STATEMEiYrs (corfflNUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Income from donations and legacies
Unrestricted
funds
2024
Restricted
funds
2024
Total Unre5tricied
funds
2023
Restricted
fllnds
2023
Total
2024
2023
l)onaiions and gifts
Lcgacics
Grants
124.318
6.250
14.570
5.987
130.305
6.250
14.570
125.426
1.411
3.598
129.024
1,411
145.138
5.987
lil.125
126.837
3.598
130,435
Grant incotnc compriscs..
£13,870 from the Resiord¢ion"I tusi ioii"ard5 the cosis of repairs ¢0 masonn..
£700 trom the diocesc lor vicarage redccoration and tnoTring in costs.
Ineome from charitsble activities
unr￿tricted
fund5
21b24
Restricted
funds
2024
Total
Unre$tri¢ted
funds
2023
Restricted
funds
2023
Total
21b24
2023
Church activities
Income ii'ithin church
a¢tiviiies
35.224
7.823
43.047
29,078
6.600
35,678
Ineome from other trading activities
Unrestricted Unrestricted
funds
funds
2024
2023
Car parking ￿rmit5
7.847
7.228
page IJ

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF ST SWITHUN, EAST GRINSTEAD
NOTES TO THE FINANCIAL STATEMEiYrs (corfflNUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Income from investments
Unrestricted Endowment
funds
funds
2024
2024
Total Unrestricted Endowment
funds
funds
2023
2023
Total
2024
2023
Rental income
Incotnc frotn inl'csttncnts
'ith CCLA
17.350
17.350
17.040
17,040
25.846
115
25.961
23.556
22
23,578
43.196
43.311
40.596
22
40.618
Other income
Unrestricted Unrestricted
funds
funds
2024
2023
Net gain on diswsal of thngible fixed asse
32,917
Expenditure on raising funds
Unrestricted Unrestricted
fund$
funds
2024
2023
Fundraising
Costs of rcnting pro[￿rty (including rcpairs and maintcnancc)
6.602
7,541
page 14

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF ST SWITHUN, EAST GRINSTEAD
NOTES TO THE FINANCIAL STATEMEiYrs (corfflNUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Expenditure on charitable acttyilies
Church
ctivities
Church
activities
2024
2023
Direet eosts
SiafrT¢osts
Church activities
22,187
188.149
181,252
204,271
210.336
Share of support and governanee eosts (see note 11
Support
GovLrnance
35.539
4.373
38,909
4,218
244.183
253.463
Analysis by fund
UnrLStrictLd ￿nd5- gLncral
Restricted funds
Endois'mcnt funds
229,950
14,233
243.464
9.977
22
244.183
253,463
page 15

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF ST SWITHUN, EAST GRINSTEAD
NOTES TO THE FINANCIAL STATEMEiYrs (corfflNUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
10 Outward Giving Donations
2024
2023
Overseas
Mer¢v Ships
USPG
Mission Aviation Fello￿'ship
Embrace the Middle East
Practical Action
CMS
600
1.000
1.000
900
800
500
700
400
600
400
600
1.000
1,000
900
800
500
iOO
400
400
400
Mi5SiOll to 5¢afa￿T5
Tear Fund
Ripple F.ITecl
BiblL SociLtv
6.900
6,500
Home
Dioccsan Family Supw)n Work
.as1 Grinstead F'ood Ilank
Chestnut Trc¢ House Childrcn's Hospicc
St Catherine's Hospice
Craii.le), Open Ilouse
Church Artni.
Broadfield Parish Nurse
Children's Society.
Satnartians TunbridgL ￿.C1]S
Sussex Pathways
1.000
1,000
700
1,200
1,000
700
700
2.535
1,095
2.194
1,200
1,000
700
500
334
400
300
400
300
7.000
10,258
Support cost$ allocated to ae¢ivitie$
2024
2023
Church maintcnancc
Hall runnning costs
oiricc expen5CS
GovLrnancc costs
25.266
4,974
5.299
4.373
27,113
5.639
6.157
4.218
39.912
43,127
Analysed between:
Church activitics
39.912
43.127
page 16

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF ST SWITHUN, EAST GRINSTEAD
NOTES TO THE FINANCIAL STATEMEiYrs (corfflNUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Support cost$ allo¢ated to ae¢ivitie$
(Continued)
2024
2023
Governance costs comprise:
Audit fees
Accountanc
Bank charges
3.643
665
65
3,000
1,068
150
4.373
4.218
12 Net movement in funds
2024
2023
The nct tnovctnent in funds is 5talcd aftcr chargingl(crcditingl=
Fees pavable for the independent examinaiion of Ihe charih s financial statements
L05Q(protitl on disposal of tangible fixcd assets
3.643
3,000
(32.9171
13 Trustees
None of ihe iruslees (or an). perwns conneC￿d M ith them) receiN'ed an￿ tlmuneration or benefits from the charil), during
the )'¢ar.
14 Employees
Thc avLragL tnonthl). nUm￿r of cmplo!'LYS during thL l.car was..
2024
Number
2023
umber
Employment eosts
2024
2023
Wages and salaries
Other FKn5ion cost5
22,855
22,038
149
23.019
22,187
There wer¢ no employees whose annual remuneraiion m.as mott than £60.000.
page 17

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF ST SWITHUN, EAST GRINSTEAD
NOTES TO THE FINANCIAL STATEMEiYrs (corfflNUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
14
Employees
(Continued)
Remuneration of key management personnel
The rctnuncration of kcN' managctncnt ￿￿)￿ne1 was a5 follows:
2024
2023
Aggregate compensation
IS Gains and losses on investments
Unrestricted Unrestricted
funds
funds
designated
designated
2024
2023
Gains/(losses) arising on..
Rcvaluation of invLStmLnts
11,6)2
3).459
16 Taxation
The charity. is cAcmpt trom t&i on income and gains falling within section ioi of the T￿¢5 Aci 1988 or section 252 of
thc T&xation of Chargcablc Gains Act 1992 to thc cxtLnt that thcsc arc applicd to its charitablu objccts.
Tangible fixed a$$ets
Freehold land
d buildings
Cost
At l JanuaTr' 2024
450.000
At 31 Dccember 2024
450.000
Carr)'ing amount
At 31 DLccmbcr 2024
450.000
At 31 Dccember 2023
450.000
page 18

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF ST SWITHUN, EAST GRINSTEAD
NOTES TO THE FINANCIAL STATEMEiYrs (corfflNUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Tangible fixed a$$ets
(Continued)
Freehold land and buildings comprise..
Freehold land- being rwo plots on the south side of Ea￿ GrIn￿ead knoiin as Lors 1479 and 1876 in the Deeds. Lot 1479
is on Coomix I lill Road and 1.01 1876 is al the Corner of Coomb¢ I lill Road and Wesl I loaihli Road. l)uring Ihe )'ear,
ex[KnditU￿ ha5 be¢n incurred to 5cttlc Icgal tccs in connection ￿ll￿ the tailcd planning application to develop thc land at
Lot 1479.
Thc PCC considcrs thLSL plots havc a valuc of £IO.000 on thc basis of thcir currcnt and ihcN' haTrc bccn so valucd b),
Park & Baile!,. The triistees have considered the 2009 valuaiions and after comparine 10 market conditions. the trustees
consider thc 2009 valuation is still valid.
Sunnyside I lall - Ihis building. on 1.01 1876. became vesied in ihe PCC on 25 March 2007. Mhen the pre￿louS lease
tcrminatLd. It is includcd at valuation bi. Park & Bailil, at 26 Januan. 2009 of £100.000. Thc trustccs hai'c considcrcd thL
2009 valuation and after comparing io market condiiions. the in]siees consider the 2009 valuation is still valid.
21 Bourg dc Pcagc AvLnuc- this pn)Ftrts' ￿￿'aS pUrcha￿d in April 2008. for occupation b), thc curatc in post at thc titnc.
at a cost ol- £310.000 and Mas l-unded in part bi" a l)iocesan loan i%"hich m.as repaid in 0¢￿ber 2014. -1.he propertj was
included at valuation b). Park & Bail¢!" at 26 Januan" 2009 01. £290.000. Th¢ trustces looked ￿ market conditions and
similar pro￿th. salis and rLvaluLd this pro￿￿. to £340,￿0 in DLYLM￿r 2014.
Church Hall - thi5 is an cxtcnsion lo ihc church. ii'hich is built on consecratcd land and cannot iK sold separately to thc
main Church and ￿-]￿g inaliLnablc it is not considLrcd appropriatc to placc an). valuc on it.
18 Fixed asset investments
CCLA
Investments
Cost or valuation
At l JanuaTh' 2024
Additions
Valuation changcs
553,369
24
11.652
At 31 Dccember 2024
56i.045
Carr)'ing amount
At 31 DLccmbcr 2024
565.045
At 31 Dcccmber 2023
553.369
Historical cost:
At 31 DLccmbcr 2024.. £415.024
At 31 December 2023.. £415.000
Ini'cstmLnts arc hLld primarils. to pn)i'idi an invcstincnt rcturn for thc church. All iniTCStmcnt asscts arc hcld in thc UK.
page 19

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF ST SWITHUN, EAST GRINSTEAD
NOTES TO THE FINANCIAL STATEMEiYrs (corfflNUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
19 Debtors
2024
2023
Amounts falling due within one year:
Other debtors
PrLpa} mLnts and accrucd income
21,164
9.027
15,826
9,697
30.191
25,)23
20 Creditors: amounts falling due within one year
2024
2023
OthLr taxation and social sccurity.
Other creditors
Accruals and defcrrcd iT]COTnc
187
5.675
9.872
182
7,403
18.861
15.734
26.446
21
Retirement benefit Schemes
2024
2023
Defined eontribution schemes
Chargc to profit or loss in r¢s￿ct of dcfincd contribution schctncs
164
149
Thc charity opcrdtLS a dLfincd contribuiion tKnsion schcinL for all qualifi.ing cmplos'ccs. Thc asscts of thc schctnc arc
held separatel￿. from those of the charity. in an independenil!. administered fund.
page 20

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF ST SWITHUN, EAST GRINSTEAD
NOTES TO THE FINANCIAL STATEMEiYrs (corfflNUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
22 Unrestricted funds- designated
The5c unrcstrictcd funds ivhich arc matcrial to thc charity"'s activitic
At l J•nu•ry'
2024
Transfers
Gains andAt 31 December
losses
2024
Land and Building
Invesiments
470.000
678.369
450.000
714.808
24.787
11,652
1.128.369
24.787
11.652
,164.808
Previous year:
At l January
2023
Transfers
Gains andAt 31 December
losses
2023
Land and Building
Ini'esimenis
600.000
517.910
1150.OIM)I
125.000
450.000
678,369
35,459
1.117.910
(25.IXKI)
35,459
.128.369
The designated fund represents funds M'hi¢h are in properti" and inVe￿Men￿ held b). Ihe charits,.
23
Endowment funds
Endoii'mcnt funds represent a5SCts ii.hich tnust be hcld ￿[Ma￿entI1. M" th¢ chariti". Incoillc arising on the ¢ndoTh'ment
funds can bc uscd in accordancL Ii'iih ihL objcus of thc chariti" and is includLd as unrL-sirictcd incomc..4n!.' capital gains
or losses arising on the assets forni part olthe fund.
At l Januarv
2024
Incoming
resollrees
Resources
expended
Tran5fersAt 31 December
2024
Permanent endowments
Betchlcw Trust Fund
St SNTr'ithun's Crdwfurd Trust
2.ilo
180
{115)
2.510
180
2.690
(115)
2.690
page21

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF ST SWITHUN, EAST GRINSTEAD
NOTES TO THE FINANCIAL STATEMEiYrs (corfflNUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
23
Endowment funds
(Continued)
Previous year:
At l January
2023
Ineoming
re50urce5
Resollrees
expended
TransfersAt 31 December
2023
Permanent endowments
BctchlLV Trusi Fund
Si Swiihun's Crawlurd-I"rust
2.ilo
180
22
(22)
2.510
180
2.690
22
{221
2,690
Betchle!, Trust Fund - this is held on behalf of St. Luke's Church in the CBF Dep)sit Fund. the interest on ￿h]ch would
contribute to the curate's sti￿n(L ifa curate il.as in wTrsi_
Si SIN'ithun's cra￿.fUrd Tn]st Fund- this is held in the CBF Dewsit Fun￿ the interest on which is available to maintain a
Sancluar) lamp.
24 Unrestricted funds
The unrestricted funds of thc charit!. comprisc ihc unciEKndcd balanccs ofdonations and grants ii.hich ar¢ not subject to
spccific condiiions bi. dollo￿ and grantors as to hoii" thL!" Ina!" ￿ ukd. Th¢￿ Inclu￿ dcsignatcd funds which havc bccn
set aside out of unrestrl￿ed funds b!. the trustees for S￿c]fiC purwses.
At l Januar).
2024
Incoming
resollrees
Resources
expended
Tran5fersAt 31 December
2024
General funds
59.834
231.405
1236.5521
1?4,6721
30,015
Previous year:
At l January
2023
Ineoming
re50urce5
Resollrees
expended
TransfersAt 31 December
2023
General funds
49.048
236.656
(251.005)
25.135
59,834
page 22

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF ST SWITHUN, EAST GRINSTEAD
NOTES TO THE FINANCIAL STATEMEiYrs (corfflNUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
25 Restricted funds
The restricted funds of the chants" cotnpri5C thc uncxpcnded balances of donations and grants held on trust subject to
spccific conditions b). donors as to hoii. thc!. ma). bc uscd.
At l January
2024
Incoming
resources
Resource5
expended
Tran5fersAt 31 December
2024
St SNTr'ithun's Group's Funds
Vicar's l)is¢retion
Donations to Floodlighting
Sponsorship
Fabric Fund
Youth Donations
Verger's Fees
Si l.uke.s Fabric F und
St Barnabas Fabric Fund
OutsN'ard Giving Donations
10.083
55
7.823
{8.?46)
9,660
55
240
14.460
352
160
3.663
4,286
240
14,460
352
160
3,663
4.286
5.987
15.9871
33.299
13.810
114.233)
32,876
Previous year:
At l January
2023
Incoming
resour¢es
Resollrtes
expended
TransfersAt 31 December
2023
SI Sm'iihun's Group's Funds
Vicar's Discretion
Donaiions to Floodlighting
Sponsorship
Fabric Fund
Youth Donations
Verger's Fees
St Luke's Fabric Fund
Si Ilamab¢lS Fabrii F'und
SunnTr'sidc Rent DetK)sit
OuttN'ard Cliving Donations
9,324
55
6.600
(5,706)
{135}
10,083
55
235
240
14.460
352
160
3.663
4,286
14.460
35?
160
3.723
4.286
847
(60)
18471
I3.3￿)
3.363
33.213
10.198
19.977)
1135)
33.299
page 2J

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF ST SWITHUN, EAST GRINSTEAD
NOTES TO THE FINANCIAL STATEMEiYrs (corfflNUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
25
Restricted funds
(Continued)
The restricted funds listed aLM)ve are for the folloii'ing purtx)ses=
St S￿.]thUn,￿ Group's Funds- Donations reccivcd. Ics5 expenditure oti group5 that oprratc within the church.
Vicar's DiscrLtion- To ￿- u￿d at thL Vicar's discrction for p-oplc in ncud
Donaiions io Floodlighting Sp)nsorship - Income from s]M)nsorship - flIK)dlights requested for anniversaries or
birthdaN s. l-unds to be used fc)r repairs
Fabric Fund- To be used lor tunding major fund repair5 to church building
Youth Donaiions- To be used for l'outh projecis bui da!. 10 da! costs of l'outh ii'ork go through the unrestricted funds
Verger's Fees-"lo be used lo fund verger
St Lukc's Fabric fund- Sct asidc lor repairs to St Lukc's cotnmunits. roo
St Barnabas Fabric Fund - For rcpairs to St Barnabas. but as that building has noiv ￿cn sold. thc PCC arc now in thc
proiess ofdeiiding hi)w these lunds Should k used
SunnTr'sidc Rcnt Deposit - A rent deEK)Sit paid b!" Toi" Box nurscn" so it is ￿pal-able ￿hen the lease ends. Thi5 has noTh'
bccn movcd to othcr crcditors.
Restoration Trust CJrant- Grant receiN'ed in 2022 lor repairs incurred in 20?1
Oulm'ards Giving Donations- Restricted donaiion5 receii ed and paid ￿ other chariiies
26 Analysis of net assets between funds
Unrestricted Unrestricted
funds
funds
general
designated
2024
2024
Restrieted
funds
Endowment
funds
Total
2024
2024
2024
At 31 December2024=
Tangible assets
Invesiments
Current ¢)sseig(liabililies)
450.000
56i.045
149.763
450.000
565.045
215,344
30.015
32.876
2,690
30.015
1.164.808
32,876
2.690
,230.389
Unrestricted UDrestricte41
funds
funds
general
deSIg￿￿ted
2023
2023
Restricted
funds
End01￿ent
funds
Total
2023
2023
2023
At31 December2023:
Tangiblc a5￿tS
Ini'esimenis
Currcnt asset￿[]]abllltICs)
450.0
55J.J69
175.000
4iO.000
553,369
220.823
i9.834
33.299
2.690
i9.834
1.128.369
33.299
2.690
-224.192
page 24

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF ST SWITHUN, EAST GRINSTEAD
NOTES TO THE FINANCIAL STATEMEiYrs (corfflNUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
27 Related party transactions
Tran5aCti011S With related partie5
During the Tr'ear the ciwit), entered into the following trdnsaciions with related parties..
Grants received
2024
2023
St Sm'ithun s Church. East Grinstcad Restoration Trust
13.870
The following amounts ii'crc outstanding at thc r¢wTrrting end datc:
Amounts owed to related
parties
2024
2023
John Durrant
50
page 25