## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||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||