2022-12-31-accounts

		Unrestricted	Restricted	Endowment	Total	Funds
	Notes	Funds f	Funds E	Funds F	2022 E	2021 E
INCOME AND ENDOWMENTS	FROM:
Donations and legacies Charitable activities Other trading activities Investments Other receipts	2(a) 2(cl) 2(b) 2(c) 2(e)	150,892 2,761 25,808 759 35	14,585 5,980 14,981 3,067 1,659	4,987 2,104	165,477 8,741 45,776 5,930 1,694	139,997 6,934 35,152 3,001 4,434
TOTAL INCOME		180,255	40,272	7,091	227,618	189,518
EXPENDITURE ON:
Raising funds Charitable activities	3(a) 3(b)	1,522 185,028	1,500 58,188	12,278	3,022 255,494	366 230,998
TOTAL EXPENDITURE		186,550	59,688	12,278	258,516	231,364
		(6,295)	(19,416)	(5,187)	(30,898)	(41,846)
Gains/(losses) on investments		(2,368)	(737)	(8,480)	(11,585)	12,437
NET INCOME/(EXPENDITURE)		(8,663)	(20,153)	(13,667)	(42,483)	(29,409)
TRANSFERS BETWEEN FUNDS	15	6,676	(676)	(6,000)
NET MOVEMENT IN FUNDS		(1,987)	(20,829)	(19,667)	(42,483)	(29,409)
RECONCILIATION OF FUNDS
Total funds brought forward		375~628	389479	128p961	894,068	923,477
TOTAL FUNDS CARRIED FORWARD		373,641	368,650	109,294	851,585	S94,068

					Notes	2022		2021
FIXED ASSETS
Tangible Investments							359,710 91,601		371,530 103,186
							451,311		474,716
CURRENT ASSETS
Debtors Investments Cash at Bank and	in	Hand			9 10	13,458 321,168 79,401		14,334 351,868 63,729
						414,027		429,931
LIABILITIES
Creditors —amounts		falling	due within	one year	11	13,753		10,579
NET CURRENT ASSETS							400,274		419,352
TOTAL NET ASSETS							851,585		894,068
PARISH FUNDS					13
Unrestricted Restricted							373,641 368,650		375,628 389,479
Endowment							109,294		128,961
							851,585		894,068

				Unrestricted	Restricted	Endowment	Total	Funds
				Funds	Funds	Funds	2022	2021
				E		E		E
INCOME AND ENDOWMENTS
(a) Donations and legacies
Planned Giving: Gift Aid donations Income tax recoverable				75,521 21,033			75,521 21,033	76,256 24,151
Other planned giving Collections (open plate) Donations, appeals etc.	at all services (inc. Gift Aid)			7,252 11,601 16,127	1,897 10,456		7,252 13,498 26,583	6,793 8,727 18,970
Income tax recoverable appeals etc Grant - Diocese	on	donations,		7,158	1,610		1,610 7,158	1,600
Sussex Police								500
Legacies				12,200	622		12,822	3,000
				150,892	14,585		165,477	139,997
(b) Charitable activities
Church Dues for Weddings, and Burial of Ashes		Funerals		2,727	530		3,257	4,094
Grant - HMRC - CARS								840
Choir holiday fees Minibus receipts				34	5,450		5,450 34
Profit on sale of minibus								2,000
				2,761	5,980		8,741	6,934
(c) Other trading activities Fund-raising and appeals Parish magazine and bookstall Candles and flowers				9,762 2,177 549	4,567		14,329 2,177 549	3,310 1,186 344
Sales Rent receivable including St Michael's hall lettings Ivens room lettings	ground		rent	13,305 15	1,190 9,224	4,987	1,190 18,292 9,224 15	131 25,970 4,199 12
				25,808	14,981	4,987	45,776	35,152
(d) Investments Dividends and interest				759	3,067	2,104	5,930	3,001
				759	3,067	2,104	5,930	3,001
(e) Other receipts
Listed Places of Worship reimbursement	VAT			35	1,659		1,694	4,434
				35	1,659		1,694	4,434
TOTAL INCOME				180,255	40f272	7/091	227,618	189,518

FO	R T	HE YEAR ENDED 31STD	EC	EMBER	2022
					Unrestricted	Restricted	Endowment	Total	Funds
					Funds	Funds	Funds	2022	2021
					E	E	E	E	E
3.	EXPENDITURE
	(a)	Raising funds Advertising the church			604			604		291
		Stewardship costs			149			149		62
		Costs of fund raising events			769	1,500		2,269		13
					1,522	1,500		3,022		366
	(b)	Charitable activities
		Missionary and Charitable	Giving:
		Church Overseas Missionary
		Societies				392		392
		Relief and Development	Agencies		434	586		1,020		1,644
		Home Missions and Other	Church
		Societies			150	534		684		469
		Secular Charities			96	971		1,067		797
					680	2,483		3,163		2,910
		Ministry: Diocesan parish share Clergy costs			88,910 7,004	405		88,910 7,409	92,685 11,653
		Rectory costs								250
		Parish Children ik Families		Worker					20,643
		Church running expenses Church maintenance Upkeep of services Churchyard and gardening Parish magazine and bookstall Training, youth and evangelism Cost of choir holiday and other trips Hall running costs Other property costs			16,074 1,751 28,960 2,297 2,069 304 2,464 20,811	6,112 9,865 515 100 11,515 7,488	1,467 91711	23,653 11,616 29,475 2,297 2,069 404 11,515 9,952 30,522	17,180 14,242 28,080 1,342 2,183 756 650 6,840 8,055
		Major repairs: St Michael's Church Architect's fees				12,810 1,160		12,810 1,160		2,793 1,034
		Faculty fees								305
		Quinquennial inspection fees Other professiona I fees			543			543		1,210 778
		Activity groups running expenses Independent examiner's fees Accountancy fees Bank charges			1,584 2,988 49	3,285 270		3,285 1,584 3,258 49		148 1,548 3,180
		Minibus running expenses								713
		Depreciation: Freehold property Leasehold property			8,540	2,180	1,100	10,720 1,100	10,720 1,100
		Equipment
					185,028	58,188	12,278	255,494	230,998
	TOTAL EXPENDITURE				186,550	59,688	12,278	258,516	231,364

								Governance
4.	SUPPORT COSTS						Other	Costs	Total
							E	E	E
	Charitable activities						49	4,842	4,891
	Support costs, included			in the	above, are as follows:
								2022	2021
								E	E
	Other
	Bank charges							49
	Governance	costs
	Accountancy Independent	fees examiner's		fees				3,258 1,584	3,180 1,548
								4,842	4,728
								2022	2021
5.	STAFF COSTS							E	E
	Wages and	Salaries
	Parish Children and Lay Staff, Secretary,		Family Worker Verger, Organists,			Choir and Cleaners		25,311	19,727 25,210
	Employer's	Pension	Contributions						376
	Employer's	NationalInsurance			Contributions
								25,311	45,313
	The average	number	of	staff	employed	was:
	Full	Time							1
	Part	Time						10	9
	Choir							21	25

	There we to them,	re no other disclosable transactions in respect of PCC nor other related parties.	members, nor persons closely conne	cted
			2022	2021
			E	E
6.	GRANTS	PAID DURING THE YEAR
	Barnabas All grants	Fund re Afgan Christans under E1,000	3,163	1,098 1,812
			3,163	2,910

Abbott 5 Abbott carrie	d	out a val	uation	of t	he Freehold Land and Bui	ldings held at 23rd D
which was as follows:
21 St. Peter's Mews						70,000
Land at 22 St. Peter's	Mews					250
St. Peter's Community St. Peter's Stables		Centre				150,000 20,000
St. Michael's Community		Centre	— Hall	No.	1	30,000
18St. David's Avenue	is included		at cost			270,250 187,195
St. Michael's Community included at cost		Centre	Small	Hall	(Hall No. 2) is	63,196
						520,641

8.	INVESTMENTS						Realised		Unreal ised
			Market				Gain/		Gain/	Market	Market
			Value at 1.1.22 E		Additions/ (Disposals) f		(Loss) for the year E		(Loss) for the year E	Value at 31.12.22 f	Value at 2021f
	2,387.90 CBF Investment Fund Income Shares 688.20 CBF Investment Fund		Shares 55,919 Shares						(6,583)	49,336	55,919
	Income Shares 439.11 CBF Investment Fund		16,117 Shares						(1,897)	14,220	16,117
	Accumulation Share 25,645 1,979.69 CBF Fixed Interest Fund								(2,368)	23.277	25,645
	Income Shares 1,487.80 CBF Fixed Interest	Fund							(421)	2,713	3,134
	Income Shares Three Sets of Maundy Coins		2,356 15						(316)	2,040 15	2,356 15
			103,186						(11,585)	91,601	103,186
	Historical Cost									2022	2021
										E	E
	2,387.90 CBF Investment Fund		Shares							See Note	See Note
	688.20 CBF Investment Fund		Shares							589	589
	439.11 CBF Investment Fund		Shares							4,839	4,839
	1,979.69 CBF Fixed Interest	Fund Shares								3,192	3,192
	1,487.80 CBF Fixed Interest	Fund Shares								2,402	2,402
	Three Sets of Maundy Coins	(At	Probate Value)							15	15
	Notes: The cost of the	2,387.90 Investment			Fund shares		is not	known as the shares		were purchased
	many years ago. These are held			by	the Official	Custodian		for	Charities.
	All Investments	are	held in the UK.
										2022	2021
										E	E
9.	DEBTORS: AMOUNTS FALLING		DUE WITHIN	ONE YEAR
	Income tax refunds due									8,243	8,965
	Other debtors									3,463	3,977
	Prepay ments									1,752	1,392
										13,458	14,334
10.	CURRENT ASSET INVESTMENTS
	Cash on deposit									321,168	351,868
11.	CREDITORS: AMOUNTS FALLING DUE WITHIN				ONE YEAR
	Accruals									1,133	442
	Other creditors									12,620	10,137
										13,753	10,579
12.	LEASING COMMITMENTS
	Minimum lease payments under		non-cancellable		operating	leases fall		due	as follows:
	Between one and five years									1,968	3,936

FOR	THE YEAR ENDED 31ST	DECEMBER	2022
13.	STATEMENT OF FUNDS	Brought forward	Income	Expend- iture	Net gains/ losses	Transfers		Balance at 31.12.22
	Unrestricted funds	E	E	E	E	E		E
	Desi nated funds
	PCC Central fund
	Good shepherd St. Peter's DCC	23,652			(2,368)			21,284
	Property reserve Fabric fund Organ fund Parish children 8 families	289,050 1,250 2,089	497 205	(8,540) (690)				280,510 1,057 2,294
	worker fund Outreach fund	171	133			(171) 171		304
	Musical instrument fund	383	5					388
	Events fund St. Michael's DCC		5,058	(325)				4,733
	Fabric fund Defibrillator fund	6,014 375						6,014 375
	Community centre roof fund	5,632						5,632
	General Funds PCC Central fund St. Peter's DCC St. Michael's DCC	328,616 388 40,507 6,117	5,898 4,260 136,908 33,189	(9,555) (3,389) (144,038) (29,568)	(2,368)	3,400 2,600 676		322,591 4,659 35,977 10,414
		375,628	180,255	(186,550)	(2,368)	6,676		373,641
	Restricted funds
	PCC Central Fund
	Rector 8 churchwarden
	discretionary fund	322						322
	Eveline Armstrong deceased
	legacy fund	396						396
	St. Peter's DCC
	Fabric fund Incumbents board Defibrillator fund Flower capital fund (capital) Flower capital fund (income) Organ fund Candle capital fund (capital) Candle capital fund (income) TFG fund Musical instrument fund Communications fund Rectory 8 Rectory gardens fund Friends ofSt. Peter's For specific purposes Activity groups St. Michael's DCC	218,431 479 2,356 7,335 3,134 1,237 3,489 513 405 44,462 33,924	4,364 140 5 59 235 78 86 136 254 5,891 1,628 12,758	(10,156) (140) (103) (1,350) (78) (659) (169) (405) (1,843) (1,628) (16,434)	(316) (421)		(59) 59	212,639 381 2,040 6,220 2,713 664 3,625 598 48,510 30,307
	Flower guild East window maintenance	575 230	276	(336)				515 230
	Organ fund Activity groups Defibrillator fund	363 1,543 230	3,017	(3,284)				363 1,276 230
	Moving forward Community centre (capital)	3,363 50,580		(2,180)				3,363 48,400
	Community centre (income 8 expenditure)	2,626	9,943	(7,258)				5,311
	Church driveway maintenance fund Fabric fund	13,486	547	(12,810)		(676)		547
	For specific purposes		855	(855)
		389,479	40,272	(59,688)	(737)	(676)		368,650

Details of restricted funds are as foll	ows:
PCC Central Fund
Rector 8 Churchwarden Discretionary	Fund
Monies had been received by St. Andrew's		DCC to be				expended	at the	discretion				of the	rector and
churchwarden. Following St. Andrew's	closure			this	has been transferred				to	the	PCC Central			Funds			to
be used for the same purpose.
Eveline Armstrong Deceased Legacy	Fund
This legacy was left to St. Andrew's DCC for			vestments, equipment or					furniture				dedicated		to the		memory
of Mrs Agnes Ada Armstrong. Following St.		Andrew's closure this has						been		transferred			to the PCC				Central
Fund to be used for equipment or furniture		to		which these funds could				properly				be used.
St. Peter's DCC
Fabric fund
This fund contains legacies and donations specifically						for the maintenance				of St,		Peter's	church		fabric.
Incumbents board fund
Donations have been received specifically towards					costs of the		Incumbents			board at St			Peter's Church.
Defibrillator fund
Donations have been received specifically towards					the	costs of purchasing				a defibrillator			for St.		Peter's church.
Flower capital fund
Many years ago 1,487.80 shares were purchased					in the CBF Fixed Interest					fund		for the	purpose			of providing
income towards the provision of flowers in		St. Peter's				church.	Each year		the interest is				transferred				to the
Flower Group to use for this purpose.
Organ fund
Monies have been donated for the purposes			of maintaining the				organ	at	St. Peter's church.
Candle capital fund
Many years ago 1,979.69 shares were purchased in the CBF Fixed Interest income towards the provision of candles in St. Peter's church.										fund		for the	purpose			of providing
TFG fund
Donations were received specifically	towards		the "Time for God" initiative
Musical instrument fund
Monies have been donated and raised during				certain activities			for the	purpose			of providing			and	repairing
musical instruments.
Communications fund
A donations was made specifically towards		the cost of communication						within the				parish.
Friends ofSt. Peter's
The Friends of St. Peter's is a separate group				with	its	own committee		and		holds		its owns funds.			Its purpose
is to raise funds for specific projects	to help		St. Peter's Church's buildings							and	fabric.
Collections and donations for specific	purposes
During the year funds are collected,	donated			or raised		for specific purposes. These funds are then											expended
in the year they are received. In the	year ended 31st					December 2022		the		following items				passed			through
this fund:
Collections for the following:
Chestnut Tree House												205
Children's Society												116
DEC Ukraine Humanitarian	Appeal											205
Leprosy Mission												392
The Fellowship of St Nicholas												373
Warming up the Homeless												337
												1,628

COMPARATIVE STATEMEN	T O	F FINANC	IAL A	CTIVITIES
				Unrestricted	Restricted	Endowment	Total
				Funds	Funds	Funds	2021
					E	E	E
INCOME AND ENDOWMENTS		FROM:
Donations and legacies				124,275	15,722		139,997
Charitable activities				6,484	450		6,934
Other trading activities				21,990	5,242	7,920	35,152
Investments				343	821	1,837	3,001
Other receipts				197	4,237		4,434
TOTAL INCOME				153,289	26,472	9,757	189,518
EXPENDITURE ON:
Raising funds				366			366
Charitable activities				193,154	31,994	5,850	230,998
Other
TOTAL EXPENDITURE				193,520	31,994	5,850	231,364
				(40,231)	(5,522)	3,907	(41,846)
Gains/(losses) on investments				3,813	(391)	9,015	12,437
NET INCOME/(EXPENDITURE)				(36,418)	(5,913)	12,922	(29,409)
TRANSFERS BETWEEN FUNDS				315	(315)
NET MOVEMENT IN FUNDS				(36,103)	(6,228)	12,922	(29,409)
RECONCILIATION OF FUNDS
Total funds brought forward	at 1st january		2021	411,731	395,707	116,039	923,477
TOTAL FUNDS CARRIED FORWARD AT			31ST
DECEMBER 2021				375,628	389,479	128,961	894,068

OUTWARD GIVING				Income	Income
			PCC	via	Direct to	Total		Total
			Funded	PCC 6	Charity E	2022 f		2021 E
Barnabas Fund re Afgan Christans Beachy Head Chaplaincy			150				150	2,	548
Bexhill Foodbank					240		240	1,560
Bexhill Street Pastors									150
Bishop's Mission/Discretionary		Fund							119
British Legion (Poppies) Caring and Sharing					4,667	4,667		53 5,162
Chestnut Tree House				205			205
Children's Society Christian Aid Church Army			75	191	236 3,637 523	502 3,637 523		4,	785 563
CMS					560		560		521
DEC Ukraine Humanitarian Fellowship ofSt. Nicholas Leprosy Mission Mission to Sea Farers	Appeal			325 373 392 45	672 125 1,121 746	997 498 1,513 791			125 725 426
Mothers Union									101
Open Door re. Syrian Christians			135	586			721
Parchment Trust									200
Royal British Legion (Poppies) Shevet Achim			21 300	29			50 300		300
St. judes					50		50		30
Warming up the Homeless				337			337		372
			681	2,483	12,577	15,741		17,740