2020-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of Trinity In Lewes

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The Parochial	Church	Church	Council	(PCC) has the responsibility	(PCC) has the responsibility	ofco-operating	with the incumbent,	with the incumbent,	in promoting	in promoting	in the
ecclesiastical	paffsh the whole			mission ofthe Church.	During the year the following			served as members		of	the PCC:
Incumbent;				Revd Stephen Daughtery			Chair
Associate		Vicar:		Revd Jeremy Bamber			Vice-Chair
Associate		Vicar:		Revd Jules Middleton
Wardens:				Mr Andrew White			for StJohn	SO gr St Michael SM
				Mr Ron Hammond			for St Michael SM gt		StJohn SC
				Mr Trevor Meadows			for StJohn	SCIk StJohn SO
Readers:				Mr icen Bridger
				Mr lan Graham
				Mr John Jardine
Licensed		Lay	Worker:	Mrs Janette Watkins
Deanery		Synod Reps:		Mrs Anne Almond
				Mrs Milly Murphy
				Dr lan Rothery
				Mrs Sharon Phillips
				Mr lan Taplin
				Miss Biddie Mutter
Elected Members;				Mrs Carole Darling			until 2021
				Mrs Michelle Hammond			until 2021
				Mr Tim Charm an			until 2021
				Miss Joy Shave			until 2022
				Mrs Sandra Denton			until 2022
				Mr Rob Hoy			until 2022
				Dr lan Hempshall			until 2023
				Mrs Letchimi Wall			until 2023
				Ms Jacalyn Boyes		until 2023
Co-opted		Members:		Mrs. Ruth Jayawant		Treasurer
Nonvoting		observers		Mr Martin Dyer		Associate Minister
				Mr Dave Sinclair		Youth Minister
				Mr Neil Chisnall		Children and		Families	Minster
				Mrs Jane Lee		Safeguarding

			Unrestricted	Restricted	Endowment	TOTAL	FUNDS
			Funds	Funds	Funds	2020	2019
		Note				f.
Income and endowments	from:
Donations and legacies		2(a)	347,645	25,452	0	373,097	355,283
Charitable activities		2(b)	2,709	0	0	2,709	3,512
Other eading activities		2(c)	61,922	644	0	62,566	153,784
Investments		2(&l)	8,307	0	0	8,307	8,866
Other		2(e)	0	0	0	0	6,990
TOTAL INCOME			420,583	26 096	0	446 679	528 435
Expenditure on:
Raising funds		3(a)	411	0	0	411	124
Charitable activities		3(b)	402,882	54,186	0	457,068	545,844
Other trading activities		3(c)	10,870	1,344	0	12,214	29,071
TOTAL EXPENDITURE			414,163	55,530	0	469,693	575,039
Net gains/(losses) on investments		12	3,354	0	500	3,854	8,832
NET INCOME/(EXPENDITURE)			9,774	(29,434)	500	(19,160)	(37,772)
Extraordinary items						0	(9,232)
Transfers between funds		19/20/21	(15,822)	20,479	(4,657)	0	0
NET MOVEMENT IN FUNDS			(6,048)	(8,955)	(4,157)	(19,160)	(47,004)
Reconciliation ofFunds
Fund Balances brought forward
at 1stJanuary 2020			673,963	71,792	11,925	757,680	804,684
BALANCES CARRKD FORWARD AT 31stDECEMBER2020			667,915	62,837	7,768	738,520	757,680

		2020	2019
	Note
FIXEDASSETS
Tangible	11	678,257	679,047
Investments	12	59,907	60,450
CURRENT ASSETS
Stocks	13	687	1,423
Debtors	14	19,547	23,640
Short term deposits	15	127,319	118,776
Cash at bank and in hand	15	161,305	151,539
		308,858	295,378
LIABILITIES: AMOUNTS FALLING
DUE WITHIN ONE YEAR	16	58,502	27,195
NET CURRENT ASSETS/(LIABITLITIES)		250,356	268,183
TOTAL ASSETSLESSCURRENT LIABILITIES		988,520	1,007,680
LIABILITIES: AMOUNTS FALLING
DUE AFTER ONE YEAR	17	250,000	250,000
TOTAL NET ASSETS		738,520	757,680
Unrestricted Restricted Endowment	19 20 21	667,915 62,837 7,768	673,963 71,792 11,925
		738,520	757,680

COME AND ENDOWMENTS
	Unrestricted	Restricted	Endowment	TOTAL	FUNDS
	Funds	Funds	Funds	2020	2019
Donations and legacies
Planned giving Collections (open plate) Donations Gill aid tax claimed Grants received Legacies	224,375 3,658 35,305 49,692 34,615 0	0 12,694 9,871 2,541 346 0		224,375 16,352 45,176 52,233 34,961 0	205,406 49,247 36,662 52,632 11,336 0	5
	347,645	25,452	0	373,097	355,283
Charitable activities
Parochial Fees income	2,709	0	0	2,709	3,512
	2,709	0	0	2,709	3,512

					Unresnicted	Restricted	Endowment	TOTAL	FUNDS
					Funds	Funds	Funds	2020	2019	Notes
2(c)	Other trading activities
	Letting ofpremises				14,517	0		14,517	38,118
	Cafe 12/31				21,600	0		21,600	57,418
	Southover Counselling				12,868	0		12,868	14,248
	Gospel Choir				3,994	0		3,994	13,777
	Lewes Goes Strictly				0	0		0	0
	Monday Club				3,097	0		3,097	5,002
	Children's activities				288	0		288	2,543
	Youth activities				3,897	0		3,897	9,684
	Adult activities				333	0		333	7,041
	Townwide ministry				0	0		0	2,478
	Miscellaneous income				1,328	644		1,972	3,475
					61 922	644		62,566	153,784
2(d)	Investments
	Income from investment		property		6,000			6,000	6,000
	Dividends and interest	received			2,307			2,307	2,866
					8,307	0	0	8,307	8,866
2(e)	Other
	Insurance claims								6,990
				TOTAL	420,583	26,096		446,679	528,435
3	EXPENDITURE
3(a)	Raising funds
	Fundraising costs				411			411	124
					411			411	124
3(b)	Charitable activities
	Missionary and charitable Ministry costs:		giving		957	30,745		31,702	38,686
	Diocesan Parish Contribution Other ministry costs Staff Church running expenses Church -Major repairs &fabric Upkeep ofchurchyard Upkeep ofservices Other premises running costs Cafe 12/31 - Staff costs Cafd 12/31 - Other costs Southover Counselling Gospel Choir Lewes Goes Strictly			costs	79,818 27,705 146,305 41,677 326 194 4,121 11,271 30,799 8,813 16,282 4,145 0	0 22,532 0 0 0 200 0 0 0 0 0 0 0		79,818 50,237 146,305 41,677 326 394 4,121 11,271 30,799 8,813 16,282 4,145 0	77,492 20,973 151,707 37,792 43,063 951 4,701 11,687 43,941 19,743 14,661 14,801 0
	Monday Club (excluding Children's ministries Youth ministries Adult ministries	StaffCost)			893 2,097 6,148 389	0 0 0 0		893 2,097 6,148 389	5,444 4,963 15,468 6,401

				Umestricted	Restricted	Endowment	TOTAL	FUNDS
				Funds	Funds	Funds	2020	2019	Notes
				f,
	Townwide ministry			100	0		100	2,490
	Other groups			643	682		1,325	2,005
	Tl'alrllllg			50	0		50	488
	Equipment purchases			1,574	0		1,574	3,760
	Other expenses			86	0		86	0
	Support costs			8,098	27		8,125	12,747
	Depreciation			790	0		790	1,005
	Independent Examiner's	fees		1,500	0		1,500	1,500
	Loan interest			8,101	0		8,101	9,375
				402,882	54,186		457,068	545,844
3(c)	Other trading activities
	Premises running costs			10,870	1,344		12,214	29,071
	Miscellaneous trading costs			0	0		0	0
				10,870	1,344		12214	29071
			TOTAL	414 163	55 530		469,693	575,039
4	MISSIONARY AND CHARITABLE GIVING
	River ofLife (LMeadows)			336	6,000		6,336	6,286
	Open Hands SIMUK Life in Abundance (JLamb) FSBA Tear Fund Crawley Prison Fellowship Trust Fund Pastoral Beachy Head Chaplaincy Wycliffe Friends ofByumba Trust Rock UK Lewes Open Door Open Doors UK EAR Cyngugu Diocese Others under %1,000			100 0 50 200 100 0 0 0 50 0 0 0 0 0 121	3,393 1,000 3,000 967 2,196 1,000 4,035 195 1,000 1,868 1,000 0 0 1,843 3,248		3,493 1,000 3,050 1,167 2,296 1,000 4,035 195 1,050 1,868 1,000 0 0 1,843 3,369	5,035 2,212 2,231 2,063 1,194 2,100 2,971 1,056 2,100 0 2,800 1,417 1,217 0 6,004
				957	30,745		31702	38,686
	GRANTS RECEIVED
	National Heritage (HLF)			12,238	0		12,238	0
	Coronavirus Job Retention Scheme (HM Gov) Chichester Diocese (Mission Fund) Listed Places ofWorship Grant EBTrust Chichester Diocese (Chancel Trusts)			12,054 7,000 1,203 1,400 0	0 0 0 0 346		12,054 7,000 1,203 1,400 346	0 7,000 2,216 1,400 0
	Others under Z1,000			720	0		720	720
				34,615	346	0	34,961	11,336

						TOTAL	FUNDS
						2020	2019
							f
6	STAFF COSTS
	Wages	and	salaries			134,771	162,972
	Social security costs					7,935	9,576
	Employer's		contribution	to defined contribution	pension schemes	5,625	6,213
	Other forms		ofemployee benefit			28,773	16,887
						177,104	195,648
	Average	number ofstaff employed				14	12
	Number	of	employees	who received emoluments	in excess off60,000

11	TANGIBLE FIXEDASSETS
		Freehold	Audio visual	TOTAL
		land aad	equipment
		buildings
	Cost or valuation:
	At 1stJanuary 2020	675,851	31,686	707,537
	Additions	0	0	0
	Disposals	0	0	0
	At 31stDecember 2020	675,851	31,686	707,537
	Depreciation:
	At 1stJanuary 2020	0	28,490	28,490
	Charge for the year	0	790	790
	Disposals	0	0	0
	At 31stDecember 2020	0	29,280	29,280
	Net book amounts
	At 31stDecember 2020	675,851	2406	678,257
	At 31stDecember 2019	675,85)	3,196	679,047
	The &eehold land and buildings	comprise:-
	Church End, I Cockshut Road (historical value) Trinity Southover Church Hall (historical value) Trinity StJohn's Church Hall (2018valuation)			222,500 203,351 250,000	(i) (ii) (iii)
				675,851
(i) (ii)	The PCC believe that the above figures state the current value to the Church Community. On current property the PCC believe that Church End could have a value on the open market, ifsold as ahouse, off500,000. No recent valuation ofTrinity Southover Church Hall has been carried out.					values,

			Unrestricted	Unrestricted	Endowment	TOTAL	FUNDS
				Funds	Funds	2020	2019
	c d					f,
	Market value at 1stJanuary	2020		48,785	7,268	56,053	56,453
	Additions/(disposals)			0	0	0	0
	Loss on disposal			0	0	0	0
	Extraordinary items (see Note 11)			0	0	0	(9,232)
	Revaluation Gains/(losses)			3,354	500	3,854	8,832
	Market value at 31stDecember 2020			52,139	7,768	59,907	56,053
	Accumulated Income hei on CBFde osit
	At 1stJanuary 2020			0	4,397	4,397	4,045
	Funds transfer - see note 10			0	(4,397)	(4,397)	352
	At 31stDecember 2020			0	0	0	4,397
	Total investment value at 31stDecember 2020					59,907	60,450
	At31stDecember 2020, the	market values ofindividual	holdings	were as follows:-		2020	2019
	CBFInvestment	Fund	2924.17units			59,907	56,053
						59,907	56053
13	STOCK
	Comprises food stock at cost held at Cafe 12/31.
14	DEBTORS				2020	2019
						f,
	Recoverable Gift Aid				3,912	22,367
	Chancel Trust Grants (per Diocese -seeNote 10)				4,743	0
	Other sundry debtors				10,892	1,273
					19,547	23,640
15	ANALYSIS OF CASH AND	CASH EQUIVALENTS
					2020	2019
	Short term deposits - no notice required				127,319	118,776
	Bank current accounts				160,615	151,188
	Cash in hand				690	351
					288,624	270,315
16	LIABILITIES: AMOUNTS	FALLING DUEWITHIN ONE YEAR
					2020	2019
	Creditors for goods and services Accruals ofutility and other costs				28,183 30,319	1,076 26,119
					58,502	27 195
17	LIABILITIESr AMOUNTS	FALLING DUE AFTER	ONE YEAR
					2020	2019
	Loan from The Chichester Diocesan Fund and Board ofFinance				250,000	250,000
					250,000	250,000

ANALYSIS OF N	ET ASSET	SBYFIJND
			Unrestricted	Restricted Endowment		TOTAL
					f
Tangible fixed assets			678,257	0	0	678,257
Investment assets			52,139	0	7,768	59,907
Current assets			244,238	64,620	0	308,858
Current liabilities			(56,719)	(1,783)	0	(58,502)
Liabilities falling	due after more than one year		(250,000)	0	0	(250,000)
Fund Balances			667915	62,837	7768	738,520
UNRESTRICTED	FUNDS
		Balance at					Balance at
		1st.		Movements	in		31st
		January		Resources		Gains 1	December
		2020	Incoming	Outgoing Transfers		(Losses)	2020
General Fund		595,029	368,626	348,305	(37,828)	3,354	580,876
Designated Funds:-
Cafd 12/31		738	28,121	39,611	10,166		(586)
Capital for projects		7,612	0	0	5,000		12,612
Gospel Choir		2,233	3,994	4,145	0		2,082
Monday Club		6,451	3,978	3,488	0		6,941
Rector's fund		3,244	0	0	(3,244)		0
Retirement house		37,784	0	0	0		37,784
Southover Counselling TSJHall sale TSJRefurbishment		13,206 9,088 260	12,868 0 0	16,328 0 260	0 0 0		9,746 9,088 0
TSJRepairs		(10,359)	0	60	10,419		0
Youth Camp		210	662	608	0		264
Other designated	funds	8467	2 334	1,358	(335)		9,108
		673 963	420 583	414,163	(15,822)	3,354	667915

		Balance at 1st.		Movements in Resources	Movements in Resources			Balance at 31st
		January						December
		2020	Incoming	Outgoing	Transfers	Gains		2020
		f.		f
Assistant Vicar		22,533	0	22,533	0		0	0
Chancel grant - TSJ		0	6	0	158		0	164
Chancel grant - TSM		0	340	0	4,239		0	4,579
Downlands Fund ECO Project		1,015 6,344	0 644	0 682	0 0		0 0	1,015 6,306
Housing Fund		33,486	0	0	0		0	33,486
Landport Project		1,017	0	0	0		0	1,017
Mission Partners		(878)	15,268	26,736	12,346		0	0
Organ Restoration		582	0	0	0		0	582
Ormerod Fund		1,662	0	0	0		0	1,662
Refurbishments		1,344	0	1,344	0		0	0
Rose Memorial Fund		736	0	200	0		0	536
Southover Community	Care	1,292	0	0	0		0	1,292
Trust Fund Pastoral		2,659	9,838	4,035	3,736		0	12,198
		71 792	26,096	55,530	20479		0	62,837

		Balance at						Balance at
		1st.			Movements	in		31st
		January			Resources		Gains/	December
		2020	Incoming		Outgoing	Transfers	(Losses)	2020
Currey/Rickman/Bre TSI Chancel Trust TSM Chancel Trust	ffitt	7,530 157 4,238			0 0 0	(262) (157) (4,238)	500 0 0	7,768 0 0
		11,925		0	0	(4,657)	500	7,768

			Unrestricted	Restricted	Endowment	TOTAL	FUNDS
			Funds	Funds	Funds
		Note			8
Income and endowments	from:
Donations and legacies Charitable activities Other trading activities Investments Other		2(a) 2(b) 2(c) 2((l) 2(e)	303,590 3,512 153,734 8,459 6,990	51,693 0 50 1 0	0 0 0 406 0	355,283 3,512 153,784 8,866 6,990	344,184 3,507 114,301 8,506 0
TOTAL INCOME			476 285	51,744	406	528,435	470,498
Expenditure on:
Raising funds		3(a)	124	0	0	124	877
Charitable activities Other trading activities		3(b) 3(c)	513,382 27,731	32,462 1,340	0 0	545,844 29,071	538,769 15,652
TOTAL EXPENDITURE			541 237	33,802	0	575,039	555,298
Net gains/(losses) on investments		10	7,687	0	1,145	8,832	(676)
NET INCOME/(EXPENDITURE)			(57,265)	17,942	1,551	(37,772)	(85,476)
Extraordinary items		8/10		0	(9,232)	(9,232)	0
Transfers between funds		17/18	520	(520)	0	0	0
NET MOVEMENT IN FUNDS			(56,745)	17,422	(7,681)	(47,004)	(85,476)
Reconciliation ofFunds
Fund Balances brought forward
at 1stJanuary 2019			730,708	54,370	19,606	804,684	890,160
BALANCES CARRIED FORWARD AT 31stDECEMBER2019			673,963	71,792	11,925	757,680	804,684