## **Trustees Annual Report and Financial Report** ## **of** **The Parochial Church Council of the Ecclesiastical Parish of** ## **TRINITY Church, LEWES** **TRINITY Church, St John sub Castro, Abinger Place, Lewes, East Sussex, BN7 2QA** Registered Charity no. 1131526 ## **For the year ended 31st December 2021** ## **CONTENTS** **Page 1 to 11 Trustees annual report 12 Statement of financial activities 13 Balance sheet 14 Statement of cashflows 15 to 23 Notes to the accounts 24 Report of the independent examiner** Website: https://www.trinitylewes.org/ Incumbent: The Revd Anita Colpus The Rectory, Southover High Street, Southover, Lewes. BN7 1HT Independent Examiner: Steve Brentnall FCIE 1 Meadow View Cottages, Town Littleworth, Cooksbridge, East Sussex, BN8 4TH Bankers: Barclays Bank plc, Lewes, CAF Bank West Malling, CBF Church of England ## **TRINITY Church Trustees Annual Re ort for 2021 p** ## **Our aims and purposes as a charity** The PCC has the responsibility of co-operating with the incumbent, the Revd Anita Colpus, in: - The promotion of the gospel of the Lord Jesus Christ according to the doctrines and practices of the Church of England - Promoting in the parish the whole mission of the church, pastoral, social, evangelistic and, ecumenical - To see lives transformed by the love of Jesus - To be and to make whole-heartedly disciples of Jesus Christ - Practical support and care for people in the parish, from the youngest to the eldest, irrespective of level of need or, ability to pay - Providing financial support those in need and, to other organisations with similar objectives. ## **Our vision is to see lives and transformed by the love of Christ.** Jesus Christ came to teach, to serve and to heal. Most importantly, he came to die for us, so that we might be forgiven and offered a life lived in a right relationship with God. Jesus invites us to find in him the security, joy, friendship and adventure, which we have all been made to enjoy. We believe in the power of this Good News to change lives and communities, and Jesus sends us to be agents of that change across our town and beyond. We are a church that worships God, is sent by Jesus and is empowered by the Holy Spirit to see all people and communities transformed by his love. ## **Our values** ## **The Word of God** We believe that God spoke the world into being, that he has spoken to us by sending Jesus, and that he stills speaks today through the pages of the Bible. While we can know some things about God through creation, community and experiences, God primarily reveals his character, story and love for us through his word. We study the Bible because we want to hear God speak to us and change us. ## **The Cross of Jesus** The central event in the whole of history is the death and resurrection of Jesus Christ. We can know God only because God himself, in Jesus, came to bring us into a relationship with himself. On the cross, Jesus pays the price for our rebellion against God and offers us a new start. Everyone in the world is faced with a choice: whether to trust in the mercy and compassion of God, or to reject his offer of forgiveness. We believe that to be a Christian is to make this decision of trust. Doing Christian ‘things’ does not bring us into a relationship with God; only faith in what Jesus has achieved through his death and resurrection can do this. The cross is our motivation for living out our faith. As we consider God’s incredible love for us, so we respond by seeking to live as Jesus lived and love as he loves. ## **Lives empowered by the Spirit** Jesus died on Good Friday. On Easter Sunday, the Holy Spirit raised him to life. This same Spirit is given to us today to transform our lives and to be our strength, guide and constant companion. It is impossible to live the Christian life without reliance upon God’s Holy Spirit. At TRINITY, we want everyone to be filled with the power of God’s Spirit. We strive to join in with his work so we might be enabled to take part in his mission and to live lives of love, joy and peace. ## **Our mission is to build wholehearted disciples of Jesus Christ.** How are we to do this? By being visible, active and distinctive for the glory of Christ. - **Visible** - God has first loved us and calls us to love him by telling others about him. Jesus calls the church to be visible signposts of God’s love. As a church, we can only do this if we are known and visible. We therefore seek to make ourselves known in our community through words and actions, to point others to Jesus. - **Active** - As God’s love is expressed through acts of grace within the church, we seek to share this grace with those in our wider community, by love in action. Our message of Jesus cannot be detached from the lives we live. We therefore seek to be active in sharing God’s love and generosity to our town. - **Distinctive** - The Church is not only the light of the world but also the salt of the earth. The greatest need of every human being is to come into a relationship with God. God’s love saves us and heals us because he is holy and perfect. As such, our mission will not be effective unless we are distinctive in our actions, values, views and priorities. It is fair to say that we are never short of ideas for mission! Almost all of our ministries regularly run outreach initiatives tailor-made to the people they have a passion to reach. For the church leadership, the key challenge is discerning God’s priorities for the coming season. Our Mission Action Plan (MAP) is a collection of our current projects and plans. For three-quarters of the year, TRINITY was in vacancy - the previous incumbent moved on at the end of February and our new incumbent was inducted and installed at the end of November. We, along with the rest of the country, began the year in lockdown and from late spring, have been working towards getting back into a pattern of meeting together, being church and doing mission. Our mission into our local primary schools was severely battered, as we were not able to go into school’s face to face. We continued our support through our committed governors who have worked tirelessly to give Christian engagement and pastoral care to the schools. ## **What we did to achieve our charitable objectives** When planning our activities for the year, our incumbent and the PCC considered the Charity Commission’s guidance on public benefit and, in particular, the specific guidance on ‘charities for the advancement of religion’. We realised it was highly likely that Coronavirus restrictions would still be impacting and limiting our ability to be face to face with those in our parish and community. 2 | A N N U A L F I N A N C I A L R E P O R T P a g e Church is a community. Its strongest expression of identity is found in gathered worship, corporate singing and close fellowship. Its mission is about personal out-reach out to others. The challenge was how we could be community, with government restrictions on gathering together. ## **This is what we planned, at the start of the year, to do during 2021 …** Our strategic approach was to focus on - UP – our relationship with God - IN – our relationship with each other; and - OUT – our relationship with our community and world. ## **UP – Our relationship with God** - Enable worship to continue through pre-recorded services, moving towards live streaming - Lead and run Home Groups virtually, so people could continue to be discipled - For much of the year TRINITY Southover was also open for Private Prayer (with all the appropriate COVID security) for anyone in our town who wanted some space, a quiet place to be, or simply somewhere to rest beyond their domestic environment. - Develop Zoom prayer meetings ## **IN – Our relationship with each other** - Zoom Coffee continued for the majority of the year and was essential in keeping relationships going - Children & Youth work was sustained, also via Zoom and gradually outside, when permitted - Pastoral phone calls across the church, gave connection and support to those in our community - Developing the use of our church communication system (Church Suite) more and more ## **OUT – Our relationship with our community and world.** - Working with the local food banks through the pandemic - The TRINITY Centre became a food hub for the Lewes Food Banks and TRINITY South Malling became a temporary Food Bank to support people in Lewes who were financially struggling. - TRINITY joined with Lewes Coronavirus Volunteers (LCV) to help support the vulnerable in our town with practical help. - TRINITY also provided LCV with crucial leadership and financial infrastructure to allow it to quickly and properly begin operations. - TRINITY Southover care worked tirelessly supporting and caring for elderly and vulnerable - When allowed, we re-launched the café and worked to re-build relationships with the community In the last five weeks of 2021, since our new Rector was inducted to TRINITY, she had many people, from the church and community, say how the people of TRINITY cared and supported them through-out 2021. Families would ask for a TRINITY clergy member to take funeral, because of the relationship formed with them and or their loved one; people in the community knew members of TRINITY through the food bank programme and relationships made when people were vulnerable during lock-down. Clearly, the presence of God has been visibly tangible in Lewes, through the work of TRINITY (& other churches) Our on-line presence is widely watched, as towards the end of 2021 we moved from pre-recorded services to livestreaming from our Southover site and at Christmas we were able to live-stream from St John sub Castro, through 3 | A N N U A L F I N A N C I A L R E P O R T P a g e the generosity of a new church member, lending us their live-steaming kit. With some government recommendations on restrictions still in place at Christmas 2021, we have continued to be a visible Christian presence in Lewes and beyond. The past 20 months have taken a toll on our finances and resources. The full time, paid and self-supporting staff are exhausted and throughout the year, all had significant personal issues to contend with along with ministering to others. Going into 2022 we know we will be down one and a half clergy and still with gaps in our lay leadership (paid and voluntary). You can see from our accounts we have lost a considerable amount of giving and income through buildings hire. However, TRINITY still continued to support mission outside of its parish and gave away a tithe to our Mission Partners. A significant part of 2022 will be building up our paid and volunteer leaders and discerning what is sustainable for TRINITY within the church and in our outreach. This is likely to take longer to re-build, than it took to come down due to Covid. Writing a MAP that is realistic and faithful to God, is also a key focus for the first half of 2022 ## **Risk and Safeguarding** The PCC confirms that the major risks to which the council has been exposed have been identified by risk analysis exercises carried out by Mr Andrew White. These have been reviewed and systems and procedures continue to be developed and refined to manage the risks. The PCC has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016, fully recognising its duty to have due regard to House of Bishops' guidance on safeguarding children and vulnerable adults. All members of the church who have significant contact with children and vulnerable adults have been DBS checked as appropriate. We regularly carry out in-house training and attend Diocesan training as and when necessary, including “safer church” and “safer recruitment”. Our church is registered with the Churches’ Child Protection Advisory Service and we access professional advice on issues as they arise as a matter of course. 4 | A N N U A L F I N A N C I A L R E P O R T P a g e ## **Financial Review** ## _**Incoming and outgoing resources**_ The total receipts on general and unrestricted funds (income) received was £665,476 as detailed in the Financial Report. Total resources expended (expenditure) on the general and unrestricted funds for the year was £419,632 as detailed in the Financial Report. ## _**Analysis of Income**_ TRINITY's income received a huge boost in 2021 with a gain on the disposal of a fixed asset ( St John sub Castro Church Hall) of £291,099. This was mentioned as a Post Balance Sheet event in last year's report. The Coronavirus pandemic continued to have a large impact on Donations and legacies , together with the Interregnum and other factors, leading to donations falling by over 11%. Planned giving though the Parish Giving Scheme (PGS), banker’s orders and envelopes decreased by 6.9% as donor numbers decreased by more than a fifth . The application of Gift Aid to donations, which can be claimed from HMRC, is beneficial as it further increases the value of donations by 25%. The PCC is thankful for the generosity of church family members. Grants received to support the work of the Parish Visitor, the Youth Minister, the HMRC Job Retention Scheme and as a result of VAT claims, were a valuable source of income but were considerably less than the previous year as no VAT claims were submitted. Coronavirus restrictions continued to have a huge impact on the lettings income for the Church buildings . Income , although still approximately 50% that of 2019, increased slightly in 2021. A legacy of £1,500 was received last year. ## _**Analysis of Expenditure**_ The 2021 figure of £452,238 compares with the 2020 figure of £469,693. The reduction was due in large part to the reduction in staff costs (see below). ## _Staff costs_ Staff costs accounted for the next largest expenditure of the PCC. At the beginning of 2020 the PCC paid for two full-time members of staff: an Associate Minister and a Youth Minister; together with a part-time team comprising a Pastoral Minister, a Children's, Schools and Family Minister (CFS Minister) , Cleaners, a Monday Club Manager, a Youth Assistant, a Café Manager, Baristas, and a Caretaker. There were a number of changes during the year: firstly, the Office Administrator generously elected to work as a volunteer; secondly the Café Manager was only supported briefly by a mid-week Barista. Since January 2021 three members of the part-time staff were either on full or flexible furlough, while the PCC continued to pay them 100% of their wages. HMRC Job Retention Scheme Grants of £7,977 were received while the scheme lasted. The total staff cost of £145,819 was a decrease of 17.7% on the previous year. ## _Sharing the ministry costs of the Diocese of Chichester_ The third largest expenditure of the PCC was the sum of £79,824 paid to the diocese for our share of all churches’ Parish Ministry Costs (PMC). This amount covers the housing, stipend and pension costs of the clergy together with a standard sum for diocesan central costs, clergy training and a contribution to national church funds. This year the contribution from Trinity increased 3% on the previous year. The church pays more than its PMC, the remainder being the shared costs of the Christian family throughout the whole Church of England, including assistance towards the upkeep of churches less able to manage than ourselves. 5 | A N N U A L F I N A N C I A L R E P O R T P a g e The PCC also paid the diocese £47,731 for the services of Reverend Jules Middleton. TRINITY wish her every success and blessings now that she has moved on to a parish of her own. ## _Missionary and charitable giving_ This amounted to £31,447 with donations to several charities/Mission Partners both at Home and Overseas. Some money was also given to individuals for discipleship. ## **Trustee payments and expenses** Payments of salary to Trustees and associated parties are detailed in note 5 of the financial report. Payments to Trustees and associated parties for supply of goods and services are detailed in Note 15 of the financial report. The PCC also supported the clergy paying Council Tax, Water and Environmental charges and minor repairs. These amounted to £4,435 for 6 Gundreda Road. The cost of Southover Rectory was £19,902 as it required more in terms of minor repairs, maintenance and redecoration. Personal expenses refunded to trustees amounted to: Rev. Steve Daughtery - £464 Rev. Jules Middleton - £ 315 Ruth Jayawant (Treasurer) - £25 This was towards telephone, Internet, travel, hospitality, postage, stationery, office supplies and training. Several trustees generously waived their expenses again in 2021. ## **Reserves policy** It is PCC policy to seek to maintain a balance on unrestricted funds calculated in three parts as follows: 1. Approximately 2 months’ of general fund payments plus an additional one month of salary costs as a contingency against unforeseen situations (£73,000 in 2022). 2. A provision for the maintenance of the fabric of the church to meet costs arising every five years following the Church Architect’s Quinquennial inspection of the building (estimated at £10,000 per annum). 3. Provision for known project expenditure (outside of the normal operating budget) which will be incurred within the next 2 years. This includes expenditure on: - Working capital for the Cafe - £839 - Working capital for Monday Club - £4,987 - Working capital for Southover Counselling £8,035 The total of the above items is £96,861 which is in current church funds. The unrestricted cash reserves at 31 December 2021 were £385,682. This is substantially higher than the sum defined above, resulting from the gain on the disposal of St John sub Castro Church Hall (£291,099) which occurred in 2021. During 2022, PCC will identify a strategic use for the funds associated with this one off event. Additionally, the budget for 2022 is forecasting a deficit of approximately £18,000 which will further reduce the surplus funds. 4. The balance of restricted funds is retained towards funds for: - Mission, - Southover Community Care (donations received for those who cannot afford care), - Trust Fund Pastoral (used to support people in the community going through hard times), - Eco Projects, - Housing - restricted funds collected to fund the purchase of 43 Winterbourne lodge. - St John sub Castro: Downland for poor and needy in the parish; Landport for furthering the Gospel in Landport, Organ, Rose Memorial , the Chancel Trust and the Ormerod for maintenance of the Ormerod grave. - St Michael, South Malling: Chancel Trust 6 | A N N U A L F I N A N C I A L R E P O R T P a g e The balance of all the restricted funds totalled £29,058 ## **Management of risks and their mitigation** The PCC has an ongoing task of reviewing the major risks which impact on the work of the churches in the parish. The usual PAT testing and fire extinguisher checks have been carried out. The PCC consider that the principal risks and uncertainties are: - An unexpected fall in income, particularly given the dependence of the church on a limited number of major regular donors and the continuing loss of hire income. - The requirement to find volunteers with the appropriate skills, time and commitment to support the ministry of the congregation. The PCC seeks to manage these risks and uncertainties by regularly reviewing its Mission Action Plan and its plans for the use of the church buildings. We aim to maintain our properties to a high standard and carries out the priority items of a quinquennial review in a timely manner. The process of advertising for a new Associate Vicar will start in March 2022. ## **Future uncertainties** The incidence of COVID-19 and the subsequent lockdown necessitated closure of the Trinity Churches, other buildings and Café 12/31 for almost half of the financial year. This resulted in a decrease in incoming hiring fees, cash giving and Café income. Voluntary giving levels have fallen due to the loss or reduction of income of some donors (reducing their ability to fund their previous giving) and also the loss of donations (plate collections) because of the closure of the TRINITY churches. In both cases the related Gift Aid element is also reduced. In both these cases, some level of reduction is expected to continue into 2022 due to the impact on the general economy. Fortunately, many church family members have transferred to the Parish Giving Scheme or giving by Standing Order which allows us to draw up a budget for 2022 . The current forecast for 2022 shows a deficit of approximately £18,000. Planned price rises in energy tariffs and a rise in National Insurance contributions will increase expenditure in the coming year. In the Spring of 2022 the continuing economic impact of the Coronavirus pandemic together with World events may result in significant falls in share prices. In which case the value of TRINITY’s investment assets will be significantly lower. Dividend levels are expected to be slightly lower in 2022. The PCC decided to continue to pay the full parish share. The Trustees believe that no Post Balance Sheet Events have occurred. 7 | A N N U A L F I N A N C I A L R E P O R T P a g e ## **Administrative Information** TRINITY Church is part of the Diocese of Chichester within the Church of England. All correspondence should be addressed to the Incumbent, the Reverend Anita Colpus at: The Rectory, Southover High Street, Lewes, East Sussex, BN7 1HT. The parish is a charity, and is registered separately from the Diocese for this financial year by the Charity Commission within the meaning of the Charities act 2011. The Parochial Church Council (PCC) has the responsibility of co-operating with the incumbent, in promoting in the ecclesiastical parish the whole mission of the Church. During the year the following served as members of the PCC: Incumbents: Revd Anita Colpus Chair from November 2021 Revd Stephen Daughtery Chair until end of February 2021 Associate Vicar: Revd Jeremy Bamber Vice-Chair Revd Jules Middleton Wardens: Mr Andrew White for St John SO & St Michael SM Mr John Jardine for St Michael SM & St John SC from03/21 Mr Trevor Meadows for St John SC & St John SO Mr Ronald Hammond until March 2021 Readers: Mr Ian Graham Mr John Jardine Licensed Lay Worker: Mrs Janette Watkins Deanery Synod Reps: Mrs Anne Almond Mrs Milly Murphy Mr Ian Taplin Mrs Sharon Phillips Miss Biddie Mutter Dr Ian Rothery until 12/05/2021 Mrs Carole Darling from 12/05/2021 Elected Members: Miss Joy Shave until 2022 Mrs Sandra Denton until 2022 Mr Rob Hoy until 2022 Mr Ian Hempshall until 2023 Mrs Letchimi Wall until 2023 Miss Jacalyn Boyes Mr Tim Telford Mrs Rosalind Toomey until 2023 8 | A N N U A L F I N A N C I A L R E P O R T P a g e Mr Tim Charman until 12/05/2021 Mrs Michelle Hammond until 12/05/2021 Mrs Carole Darling until 12/05/2021 Miss Felicity Leeson from 12/05/2021 to 29/07/2021 Mrs Carly Taylor from 12/05/2021 to 25/11/2021 Co-opted Members: Mrs. Ruth Jayawant Treasurer Nonvoting observers Mr Martin Dyer Associate Minister Mr David Sinclair Youth Minister Mrs Jane Lee Safeguarding Mr Tim Charman PCC Secretary from 12/05/2021 9 | A N N U A L F I N A N C I A L R E P O R T P a g e ## **Structure, governance and management of the charity** ## **Parochial Church Council:** Membership of the PCC is determined under the Church Representation Rules and consists of certain ex-officio members (the clergy, lay readers and licensed workers); 3 churchwardens (each fulfilling 2 of the 6 church warden’s roles), 5 members of the Deanery Synod and 9 members of the church who are elected at the Annual Parochial Church Meeting (APCM). Members are warmly encouraged to stand for election to the PCC and we try to ensure a balance of skills and experience. The PCC is responsible for a wide range of matters affecting the parish, including compliance with Health and Safety, Disability Legislation, Data Protection and Safeguarding. In their capacity as Trustees, members of the PCC are responsible for the stewardship of funds and for the appropriate accounting and reporting of the parish finances. The Churchwardens, Secretary, Safeguarding Officer, Youth Minister, Children and Families Minister and Treasurer are each invited to attend courses run by the Diocese on their particular work. Regular mailings from the Diocese keep these officers up to date with changes in church regulations, best practice and financial procedures and these are reported to the PCC as appropriate. The PCC has appointed Jane Lee as our Safeguarding Officer ensuring that all appropriate DBS (Disclosure and Barring Service) checks and safeguarding procedures are conducted on all those who work with children and vulnerable adults in the church. From 2011 the Wardens and Sides-people have been trained in fire prevention and in the use of fire extinguishers by the local fire safety officer. This training is renewed every three years. There are also a number of Ministry Teams that support the Rector which are responsible for specific areas of the church’s activities, and these reports are found in the TRINITY Ministry Report Booklet. The Standing Committee and the Leadership team are detailed below: ## **Standing Committee:** This is the only committee required by law. It meets as needed and it is accountable to the PCC. It has the power to transact the business of the PCC between its meetings, subject to any directions given by the full PCC. The Financial Review Group (FRG) oversees the general financial dimension of the work of TRINITY by monitoring income and expenditure, budgeting, and establishing and reviewing appropriate financial controls. The FRG is accountable to the PCC and it works closely with the Rector. The Treasurer and Bookkeeper deal with the operational aspects of all income and expenditure and co-ordinate the Stewardship of money through planned giving. For 2021 the Standing Committee comprised: |Revd Stephen Daughtery|Chair (until he moved on Feb 2021)| |---|---| |Revd Anita Colpus|Chair (Inducted 22ndNov 2021)| |Revd Jeremy Bamber|Vice Chair| |Mr Andrew White|Warden| |Mr John Jardine|Warden| |Mr Trevor Meadows|Warden| |Mr Ian Taplin|Trustee| |Mrs Anne Almond|Representative of elected members of the PCC| |Mr Ian Graham|Reader and Representative of the PCC| |Mrs Ruth Jayawant|Treasurer| 10 | A N N U A L F I N A N C I A L R E P O R T P a g e ## **Leadership Team:** The Leadership team comprises the leaders of key ministry areas of the church who work under the Rector’s delegated responsibility. The close working of Ordained staff, ministry teams and the PCC is a key strength of the way TRINITY works. It provides important “checks and balances” on decision making, facilitates greater communication between those that determine strategy & policy and those that serve the church in practical ways. It also allows for easier separation of duties according to gifts. For the majority of 2021 the Leadership team comprised: Revd Jeremy Bamber Associate Vicar with special responsibility for South Malling Revd Jules Middleton Associate Vicar Mr Martin Dyer Associate Minister Mr Dave Sinclair Youth Ministry The vacancy team, leading the church during the interregnum: Revd Jeremy Bamber Associate Vicar with special responsibility for South Malling Revd Jules Middleton Associate Vicar Mr Andrew White Warden Mr John Jardine Warden Mr Trevor Meadows Warden Mr Ian Taplin Trustee ## **Responsibilities of the PCC members** Charity law requires the PCC to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Church as at the balance sheet date and of its incoming resources and application of resources including income and expenditure for the financial year. In preparing those financial statements, the PCC is required to: - select suitable accounting policies and then apply them consistently: and - make judgments and estimates that are reasonable and prudent; and - state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and - prepare the financial statements on the going concern basis unless it is inappropriate to assume that the Church will continue on that basis. The PCC is responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the Church and to enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the Church and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. This report has been prepared in accordance with the current Statement of Recommended Practice: Accounting and Reporting by Charities. This Trustees’ Annual Report was approved by the PCC and signed on their behalf by The Revd Anita Colpus, PCC Chair Dated 24/02/2021 11 | A N N U A L F I N A N C I A L R E P O R T P a g e ## **TRINITY LEWES** ## **STATEMENT OF FINANCIAL ACTIVITIES For the Year ended 31st December 2021** |Note
£
£
£
**Income and endowments from:**
Donations and legacies
2(a)
298,747
18,673
0
Charitable activities
2(b)
3,151
0
0
Other trading activities
2(c)
64,248
0
0
Investments
2(d)
8,231
0
0
Other
2(e)
291,099
0
0
**TOTAL INCOME**
665,476
18,673
0
**Expenditure on:**
Raising funds
3(a)
386
0
0
Charitable activities
3(b)
407,643
32,606
0
Other trading activities
3(c)
11,603
0
0
**TOTAL EXPENDITURE**
419,632
32,606
0
Net gains/(losses) on investments
10
7,459
0
1,111
**NET INCOME/(EXPENDITURE)**
253,303
(13,933)
1,111
Transfers between funds
17/18/19
19,846
(19,846)
0
**NET MOVEMENT IN FUNDS**
273,149
(33,779)
1,111
**Reconciliation of Funds**
Fund Balances brought forward
at 1st January 2021
667,915
62,837
7,768
**BALANCES CARRIED FORWARD**
941,064
29,058
8,879
**AT 31st DECEMBER 2021**
Unrestricted
Funds
Restricted
Funds
Endowment
Funds|£
£
£
298,747
18,673
0
3,151
0
0
64,248
0
0
8,231
0
0
291,099
0
0
Unrestricted
Funds
Restricted
Funds
Endowment
Funds|**TOTAL**
2021
**FUNDS**
2020
£
£
317,420
373,097
3,151
2,709
64,248
62,566
8,231
8,307
291,099
0| |---|---|---| ||665,476
18,673
0|684,149
446,679| ||386
0
0
407,643
32,606
0
11,603
0
0|386
411
440,249
457,068
11,603
12,214| ||419,632
32,606
0|452,238
469,693| ||7,459
0
1,111|8,570
3,854| |||240,481
(19,160)
0
0| ||273,149
(33,779)
1,111
667,915
62,837
7,768|240,481
(19,160)
738,520
757,680| ||941,064
29,058
8,879|979,001
738,520| Page 12 TRINTfY LEWES BALANCE SHEET AS AT 31st DECEMBER 2021 2021 2020 No FIXED ASSETS Tangible Investments 12 15 495,783 68.478 678,257 59,907 CURRENT ASSETS Stocks D¢biors Short temi d¢posits Cash at bank and in hand 839 25,965 85.836 306.119 418.759 687 19,547 127,319 161,305 308,858 10 LIABILITIES . AMOUNTS FALLING DUE WITHIN ONE YEAR 13 4,019 58.502 IYET CURRENT A￿ETS/(LIABlTL1TllES) 414,740 250.356 TOTAL ASSETS LESS CURRENT LIABILITIES 979.001 988.520 LIABILITIES: AMOUNTS FALLING DUE AFTER ONE YEAR 14 250,000 TOTAL NET ASSETS 979.001 738,520 FUNDS Unrestricted Restricted Endowment 17 18 19 941.064 29.058 8.879 667.915 62,837 7,768 979.IM)I 738,520 Approved by the Parochial Church Council on . 2022 and signed on its behalf by :" (Tr￿Urer) (Chair) The notes on pages 15 10 23 fonn part of th¢se Page 13 **TRINITY LEWES** ## **STATEMENT OF CASH FLOWS** |**Cash flows from operating activities**
_Net cash provided by (used in) operating activities_
**Cash flows from investing activities**
Interest and rent received
Proceeds from the sale of fixed assets
Purchase of property and equipment
_Net cash provided by (used in ) investing activities_
**Cash flows from financing activities**
Receipts of Endowments (Chancel Trusts)
Repayments of borrowing
_Net cash provided by (used in ) financing activities_
**Change in cash and cash equivalents in the year**
Cash and cash equivalents at the beginning of the year
**Cash and cash equivalents**
(Note 11)
**at the end of the year**|2021
£
(128,272)
8,231
541,099
(67,727)
481,603
0
(250,000)
(250,000)
103,331
288,624
391,955|8,307
0
0|2020
£
5,605



8,307


4,397| |---|---|---|---| |||4,397
0|| ||||| ||||18,309
270,315| ||||288,624| ## **RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES** |**Net income/(expenditure) for the year**
**(as per the Statement of Financial Activities)**
**Adjustments for:**
(Gains)/losses on investments
(8,570)
Interest and rent received
(8,231)
Depreciation charges
200
Profit on sale of fixed assets
(291,099)
(Increase)/decrease in stocks
(152)
(Increase)/decrease in debtors
(6,418)
Increase/(decrease) in creditors
(54,483)
**Net cash provided by (used in) operating activities**|240,481
(368,753)
(128,272)|(19,160)
(3,854)
(8,307)
790
0
736
4,093
31,307
24,765
5,605|(19,160)
(3,854)
(8,307)
790
0
736
4,093
31,307
24,765
5,605| |---|---|---|---| ||||| ||||5,605| ## **Net cash provided by (used in) operating activities** The notes on pages 15 to 23 form part of these accounts. Page 14 **TRINITY LEWES** ## **NOTES TO THE FINANCIAL STATEMENTS For the Year ended 31st December 2021** ## **1 ACCOUNTING POLICIES** ## 1(a) **Basis of Preparation** The PCC is a public benefit entity within the meaning of FRS102. The financial statements have been prepared under the Charities Act 2011 and the Church Accounting Regulations 2006, in accordance with applicable accounting standards and the current Statement of Recommended Practice: Accounting and Reporting by Charities, (SORP (FRS 102)). The financial statements have been prepared under the historical cost convention as modified by the inclusion of investments at market value. The financial statements include all the transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their affiliation to another body, nor those which are informal gatherings of church members. ## 1(b) **Funds** Funds held by the PCC are :- - _Unrestricted funds -_ general funds that can be used for PCC ordinary purposes. - _Designated funds -_ monies set aside by the PCC out of unrestricted funds for specific future purposes or projects. - _Restricted funds -_ (a) income from trusts or endowments that may be expended only on those restricted objects provided in the terms of the trust or bequest, and (b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. _Endowment funds -_ - funds the capital of which must be maintained; only income arising from investment of the endowment may be used either as restricted or unrestricted funds depending upon the purpose for which the endowment was established. The PCC may have the power to convert certain endowment funds into expendable income; such funds are known as expendable endowments. ## 1(c) **Income and Endowments** All income and endowments, accounted for without deduction for any costs of receivability, are recognised when there is evidence of entitlement, receipt is probable, and the amount can be measured reliably. ## 1(d) **Donations and Legacies** _Collections_ are recognised when received. _Planned giving receivable_ is recognised when there is evidence of entitlement, receipt is probable, and the amount accords with the Gift Aid declaration or other record of intention to donate. _Gift aid recovered_ is recognised when the income to which it is attached is recognised. _Grants and legacies_ are recognised when the formal offer in writing of the funding, is received by the PCC. ## 1(e) ## **Charitable Activities, Trading Activities and all Other Income** _Statutory fees_ for weddings and funerals are recognised when the office occurs. _Rents from property_ are recognised in accordance with the rental agreements, when receipt is probable. _Trading activities_ are where income is receivable in return for selling goods or providing services. Income from trading is recognised either: a - when received or b - in the case of concerts: for the year in question, irrespective of the date of receipt. Advance bookings are included in creditors until the concert has taken place. All other income is recognised in accordance with the above overall policy. ## 1(f) **Investment Income** Dividends are accounted for when due and payable. Interest entitlements are accounted for as they accrue. ## 1(g) **Gains and Losses on Investments** Realised gains are recognised when the investments are sold. Unrealised gains and losses are accounted for on revaluation at 31st December. Page 15 ## **TRINITY LEWES** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) For the Year ended 31st December 2021** ## 1(h) ## **Expenditure** Expenditure is recognised when there is evidence of entitlement, payment is probable, and the amount can be measured reliably. ## 1(i) **Grants** Grants and donations are accounted for when paid over, or when awarded where the award creates a binding obligation on the PCC. ## 1(j) **Charitable Activities** The diocesan parish contribution is accounted for on an annual basis, reflecting the allocation set by our Deanery. Any parish contribution unpaid at 31st December is provided for in these accounts as an operational (though not a legal) liability and is shown as a creditor in the balance sheet. ## 1(k) **Fixed Assets** ## _Tangible fixed assets._ Consecrated and beneficed property of any kind is excluded from the accounts by s.10(2) of the Charities Act 2011. Movable church furnishings held by the Vicar and Churchwardens on special trust for the PCC, and which require a faculty for disposal, are accounted for as inalienable property unless consecrated. They are listed in the church's inventory which can be inspected but are not included in the financial statements. For inalienable property acquired prior to 2000, there is insufficient cost information available and therefore such assets are not valued in the financial statements. Individual items acquired since 1st January 2000 have been capitalised in the financial statements and depreciated over their useful economic life. All expenditure incurred in the year on consecrated or beneficed buildings, individual items costing under £10,000 or on the repair of movable church furnishings acquired before 1st January 2000 is written off. Freehold land and buildings are valued at original cost, if known, or at valuation made after 2015. Depreciation is calculated to write down the cost of tangible fixed assets, excluding freehold properties, over their expected useful lives. The rate generally applicable is 25% on the reducing balance basis. No depreciation is provided on freehold buildings as the useful economic life of these assets exceeds 50 years and residual values are so high that potential depreciation would be immaterial. It is the PCC's policy to maintain these assets in a continual state of sound repair. Resulting from regular impairment reviews, provision will be made if there has been any permanent diminution in value. ## _Investments :_ Investments are valued at market value at 31st December. ## **2 INCOME AND ENDOWMENTS** |2(a)
Donations and legacies
Planned giving
Collections (open plate)
Donations
Gift aid tax claimed
Grants received
Legacies
2(b)
Charitable activities
Parochial Fees income|Unrestricted
Funds
Restricted
Funds
Endowment
Funds
£
£
£
208,721
162
0
4,330
7,980
0
18,837
4,215
0
44,862
1,571
0
20,497
4,745
0
1,500
0
0|**TOTAL**
2021
**FUNDS**
2020
_Notes_
£
£
208,883
224,375
12,310
16,352
23,052
45,176
46,433
52,233
25,242
34,961
_5_
1,500
0
317,420
373,097
3,151
2,709
3,151
2,709| |---|---|---| ||298,747
18,673
0|| ||3,151
0
0|| ||3,151
0
0|| Page 16 ## **TRINITY LEWES** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) For the Year ended 31st December 2021** ## **2 INCOME AND ENDOWMENTS (continued)** |2(c)
Other trading activities
Letting of premises
Café 12/31
Southover Counselling
Gospel Choir
Lewes Goes Strictly
Monday Club
Children's activities
Youth activities
Adult activities
Townwide ministry
Miscellaneous income
2(d)
Investments
Income from investment property
Dividends and interest received
2(e)
Other
Gain on disposal of fixed asset
**TOTAL**
**3**
**EXPENDITURE**
3(a)
Raising funds
Fundraising costs
3(b)
Charitable activities
Missionary and charitable giving
Ministry costs :
Diocesan Parish Contribution
Other ministry costs
Staff
Church running expenses
Church - Major repairs & fabric costs
Upkeep of churchyard
Upkeep of services
Other premises running costs
Café 12/31 - Staff costs
Café 12/31 - Other costs
Southover Counselling
Gospel Choir
Lewes Goes Strictly
Monday Club (excluding Staff Cost)
Children's ministries
Youth ministries
Adult ministries|Unrestricted
Funds
Restricted
Funds
Endowment
Funds
£
£
£
15,594
0
0
19,833
0
0
9,830
0
0
6,031
0
0
0
0
0
2,325
0
0
2,333
0
0
3,497
0
0
4,256
0
0
0
0
0
549
0
0|**TOTAL**
2021
**FUNDS**
2020
_Notes_
£
£
15,594
14,517
19,833
21,600
9,830
12,868
6,031
3,994
0
0
2,325
3,097
2,333
288
3,497
3,897
4,256
333
0
0
549
1,972
64,248
62,566
6,000
6,000
2,231
2,307
8,231
8,307
291,099
0
_12 (iv)_
684,149
446,679
386
411
386
411
31,447
31,702
_4_
79,824
79,818
76,916
50,237
120,989
146,305
_6_
26,138
41,677
0
326
1,110
394
5,823
4,121
11,406
11,271
24,830
30,799
_6_
6,640
8,813
12,780
16,282
3,647
4,145
0
0
2,364
893
1,954
2,097
8,162
6,148
4,359
389| |---|---|---| ||64,248
0
0|| ||6,000
0
0
2,231
0
0|| ||8,231
0
0|| |||| ||291,099
0
0|| |||| ||665,476
18,673
0|| ||386
0
0|| ||386
0
0|| ||2,780
28,667
0
79,824
0
0
76,916
0
0
120,989
0
0
26,138
0
0
0
0
0
1,110
0
0
5,823
0
0
11,406
0
0
24,830
0
0
6,640
0
0
12,380
400
0
3,647
0
0
0
0
0
2,364
0
0
1,954
0
0
8,162
0
0
4,359
0
0|| Page 17 ## **TRINITY LEWES** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) For the Year ended 31st December 2021** ## **3 EXPENDITURE (continued)** |Townwide ministry
Other groups
Training
Equipment purchases
Other expenses
Support costs
Depreciation
Independent Examiner's fees
Loan interest
3(c)
Other trading activities
Premises running costs
Miscellaneous trading costs
**TOTAL**
**4**
**MISSIONARY AND CHARITABLE GIVING**
River of Life (L Meadows)
Open Hands
SIM UK
Life in Abundance (J Lamb)
FEBA
Tear Fund
Crawley Prison Fellowship
Trust Fund Pastoral
Beachy Head Chaplaincy
Wycliffe
Friends of Byumba Trust
Rock UK
EAR Cyngugu Diocese
Others under £1,000
**5**
**GRANTS RECEIVED**
National Heritage (HLF)
Coronavirus Job Retention Scheme (HM Gov)
Chichester Diocese (Mission Fund)
Listed Places of Worship Grant
EB Trust
Chichester Diocese (Chancel Trusts)
Lewes Town Council (Youth)
Others under £1,000|Unrestricted
Funds
Restricted
Funds
Endowment
Funds
£
£
£
40
0
0
19
3,539
0
230
0
0
4,453
0
0
25
0
0
9,921
0
0
200
0
0
1,700
0
0
1,733
0
0|**TOTAL**
2021
**FUNDS**
2020
_Notes_
£
£
40
100
3,558
1,325
230
50
4,453
1,574
25
86
9,921
8,125
200
790
1,700
1,500
1,733
8,101
440,249
457,068
11,603
12,214
0
0
11,603
12,214
452,238
469,693
6,350
6,336
4,592
3,493
1,900
1,000
4,150
3,050
1,800
1,167
1,600
2,296
1,750
1,000
2,250
4,035
1,117
195
1,600
1,050
0
1,868
0
1,000
0
1,843
4,338
3,369
31,447
31,702
0
12,238
7,977
12,054
7,000
7,000
0
1,203
2,000
1,400
4,745
346
3,400
0
120
720
25,242
34,961| |---|---|---| ||407,643
32,606
0|| ||11,603
0
0
0
0
0|| ||11,603
0
0|| |||| ||419,632
32,606
0|| ||350
6,000
0
350
4,242
0
400
1,500
0
450
3,700
0
300
1,500
0
150
1,450
0
250
1,500
0
0
2,250
0
0
1,117
0
0
1,600
0
0
0
0
0
0
0
0
0
0
530
3,808
0|| ||2,780
28,667
0|| ||0
0
0
7,977
0
0
7,000
0
0
0
0
0
2,000
0
0
0
4,745
0
3,400
0
0
120
0
0|| ||20,497
4,745
0|| Page 18 ## **TRINITY LEWES** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) For the Year ended 31st December 2021** |**6**
**STAFF COSTS**
Wages and salaries
Social security costs
Employer's contribution to defined contribution pension schemes
Other forms of employee benefit
Average number of staff employed
Number of employees who received emoluments in excess of £60,000||**TOTAL**
2021
**FUNDS**
2020
£
£
113,044
134,771
5,594
7,935
5,084
5,625
22,097
28,773| |---|---|---| |||145,819
177,104| |||7
14
0
0| The Rector and the Associate Vicar are employed by the Diocese and not included here. ## **7 PAYMENTS TO PCC MEMBERS** Remuneration was paid to the following PCC members:- Rev'd S Daughtery (Rector - paid by the Diocese) Rev'd J Middleton (Curate - paid by the Diocese) J Watkins - £10,400 (2020 = £11,034) C Taylor - £624 (2020 = £0) J Shave - £17,576 (2020 = £17,997) There were no other payments to trustees or persons related to or connected to them apart from the normal reimbursements of payments made to third parties on behalf of the church and payments described in Note 8 below. ## **8 RELATED PARTY TRANSACTIONS** Rev'd S Daughtery received rental income from 6 Verralls Walk of £3,450 whilst still rector. This property was used as accommodation for the youth minister. (2020 = £13,800) The following PCC members had links with Trinity Mission Partners that received grants during the year:- I Taplin and T Meadows are also trustees of the charity Open Hands. Grants were made totalling £4,592 (2020 = £3,493). T Meadows is the father of L Buyinza (River of Life Church). Grants were made totalling £6,350 (2020 = £6,336). C Darling works for the charity FEBA. Grants were made totalling £1,800 (2020 = £1,167). A total of £360 was paid to the company Tech Medic Ltd for technical support during the year. That company is run by S Bamber, the son of Rev'd J Bamber (PCC member). ## **9 STOCK** Comprises food stock at cost held at Café 12/31. |**10**
**DEBTORS**
Recoverable Gift Aid
Chancel Trust Grants
Other sundry debtors
**11**
**ANALYSIS OF CASH AND CASH EQUIVALENTS**
Short term deposits - no notice required
Bank current accounts
Cash in hand|2021
2020
£
£
14,477
3,912
9,488
4,743
2,000
10,892| |---|---| ||25,965
19,547| ||2021
2020
£
£
85,836
127,319
305,333
160,615
786
690| ||391,955
288,624| Page 19 ## **TRINITY LEWES** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) For the Year ended 31st December 2021** ## **12 TANGIBLE FIXED ASSETS** |Freehold land
and buildings
Leasehold
land and
buildings
Audio visual
equipment
£
£
Cost or valuation:
At 1st January 2021
675,851
0
31,686
Additions
- See (iii) below
0
67,726
0
Disposals
- See (iv) below
250,000
0
0
At 31st December 2021
425,851
67,726
31,686
Depreciation :
At 1st January 2021
0
0
29,280
Charge for the year
0
0
200
Disposals
0
0
0
At 31st December 2021
0
0
29,480
Net book amounts
At 31st December 2021
425,851
67,726
2,206
_At 31st December 2020_
_675,851_
_0_
_2,406_
The freehold land and buildings comprise:-
Church End, 1 Cockshut Road (historical value)
Trinity Southover Church Hall (historical value)
The leasehold land and buildings comprise:-
43 Winterbourne Lodge, Lewes|Freehold land
and buildings
Leasehold
land and
buildings
Audio visual
equipment
£
£
675,851
0
31,686
0
67,726
0
250,000
0
0|**TOTAL**
£

707,537

67,726

250,000

525,263

29,280

200

0

29,480

495,783
_678,257_
£
222,500 (i)
203,351 (ii)
425,851
67,726 (iii)| |---|---|---| ||425,851
67,726
31,686|| ||0
0
29,280
0
0
200
0
0
0|| ||0
0
29,480|| |||| ||425,851
67,726
2,206|| - (i) No recent valuation of Church End, 1 Cockshut Road has been carried out. - (ii) No recent valuation of Trinity Southover Church Hall has been carried out. - (iii) Trinity purchased a one-third share of the lease of the residential property 43 Winterbourne Lodge in February 2021. The property was purchased as a retirement home for the missionary Miss Christine Angell. The lease is shared with The Whitefield Christian Trust and Miss Angell. - (iv) Trinity St John's Church Hall was sold on the open market in March 2021 for £560,000. The property was valued in the region of £250,000 in March 2018. A gain of £291,099 was made on the sale of the property after charging the cost of marketing and legal fees totalling £18,901. ## **13 LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR** |**13**
**LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Creditors for goods and services
Accruals of utility and other costs
**14**
**LIABILITIES: AMOUNTS FALLING DUE AFTER ONE YEAR**
Loan from The Chichester Diocesan Fund and Board of Finance|2021
2020
£
£
228
28,183
3,791
30,319| |---|---| ||4,019
58,502| ||2021
2020
£
£
0
250,000| ||0
250,000| The loan was repaid in full plus accrued interest in June 2021. Page 20 **15 INVESTMENT ASSETS** ## **TRINITY LEWES** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) For the Year ended 31st December 2021** |**VESTMENT ASSETS**|||| |---|---|---|---| |Quoted Investments
Market value at 1st January 2021
Additions/(disposals)
Loss on disposal
Revaluation Gains/(losses)
Market value at 31st December 2021
At 31st December 2021, the market values of individual holdings
CBF Investment Fund|Unrestricted
Funds
Endowment
Funds
£
£
52,140
7,768
0
0
0
0
7,459
1,111|



|**TOTAL**
2021
**FUNDS**
2020
£
£
59,908
56,053
0
0
0
0
8,570
3,854| ||59,599
8,879||68,478
59,907| ||were as follows :-
2924.17 units||2021
2020
£
£
68,478
59,907| ||||68,478
59,907| **16 ANALYSIS OF NET ASSETS BY FUND** |Tangible fixed assets
Investment assets
Current assets
Current liabilities
Liabilities falling due after more than one year
Fund Balances|Unrestricted
Funds
Restricted
Funds
Endowment
Funds
£
£
£
495,783
0
0
59,599
0
8,879
388,320
30,439
0
(2,638)
(1,381)
0
0
0
0|**TOTAL**
£
495,783
68,478
418,759
(4,019)
0| |---|---|---| ||941,064
29,058
8,879|979,001| ## **17 UNRESTRICTED FUNDS** |**UNRESTRICTED FUNDS**|| |---|---| |General Fund
Designated Funds:-
Café 12/31
Capital for projects
Gospel Choir
Monday Club
Rector's fund
Retirement house
Southover Counselling
TSJ Hall sale
TSM Churchyard
TSM Repairs
Youth DTI
Youth Camp
Other designated funds|Balance at
1st.
January
2021
Incoming
Outgoing
Transfers
Gains /
(Losses)
Balance at
31st
December
2021
£
£
£
£
£
£
580,876
609,716
357,171
55,066
7,459
895,946
(586)
25,954
31,371
6,003
0
0
12,612
0
0
5,000
0
17,612
2,082
6,031
3,647
0
0
4,466
6,941
3,263
4,874
0
0
5,330
0
0
0
0
0
0
37,784
0
0
(37,784)
0
0
9,746
9,955
12,380
0
0
7,321
9,088
0
0
(9,088)
0
0
2,141
250
289
0
0
2,102
4,763
500
2,272
0
0
2,991
277
5,229
3,268
0
0
2,238
264
23
0
0
0
287
1,927
4,555
4,360
649
0
2,771
Movements in
Resources| ||667,915
665,476
419,632
19,846
7,459
941,064| Page 21 ## **TRINITY LEWES** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) For the Year ended 31st December 2021** ## **18 RESTRICTED FUNDS** |**RESTRICTED FUNDS**|
| |---|---| |Assistant Vicar
Chancel grant - TSJ
Chancel grant - TSM
Downlands Fund
ECO Project
Housing Fund
Landport Project
Mission Partners
Organ Restoration
Ormerod Fund
Refurbishments
Rose Memorial Fund
Southover Community Care
Trust Fund Pastoral|Balance at
1st.
January
2021
Incoming
Outgoing
Transfers
Gains
Balance at
31st
December
2021
£
£
£
£
£
£
0
0
0
0
0
0
164
164
0
0
0
328
4,579
4,582
0
0
0
9,161
1,015
0
350
0
0
665
6,306
0
3,539
0
0
2,767
33,486
0
(33,486)
0
0
1,017
0
0
0
0
1,017
0
12,777
26,417
13,640
0
0
582
0
0
0
0
582
1,662
0
0
0
0
1,662
0
0
0
0
0
0
536
0
0
0
0
536
1,292
0
0
0
0
1,292
12,198
1,150
2,300
0
0
11,048
Movements in
Resources| ||62,837
18,673
32,606
(19,846)
0
29,058| The restricted funds generally comprise donations and grants received for a specific object or invited by the PCC for a specific object. Restricted funds are not invested separately or permanently but are to be spent within a reasonable time. ## **19 ENDOWMENT FUNDS** |**ENDOWMENT FUNDS**|| |---|---| |Currey/Rickman/Breffitt|Balance at
1st.
January
2021
Incoming
Outgoing
Transfers
Gains/
(Losses)
Balance at
31st
December
2021
£
£
£
£
£
£
7,768
0
0
0
1,111
8,879
Movements in
Resources| ||7,768
0
0
0
1,111
8,879| Page 22 **TRINITY LEWES** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) For the Year ended 31st December 2021** ## **20 PRIOR YEAR STATEMENT OF FINANCIAL ACTIVITIES COMPARATIVE FIGURES FOR THIS YEAR** ## **STATEMENT OF FINANCIAL ACTIVITIES For the Year ended 31st December 2020** |||Unrestricted|Restricted|Endowment|**TOTAL**|**FUNDS**| |---|---|---|---|---|---|---| |||Funds|Funds|Funds|2020|2019| ||Note|£|£|£|£|£| |**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 trading activities|2(c)|61,922|644|0|62,566|153,784| |Investments|2(d)|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|9|0|0|0|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 of Funds**||||||| |Fund Balances brought forward||||||| |at 1st January 2020||673,963|71,792|11,925|757,680|804,684| |**BALANCES CARRIED FORWARD**||667,915|62,837|7,768|738,520|757,680| |**AT 31st DECEMBER 2020**||||||| Page 23 INDEPENDENf EXAMINER'S REPORT TO THE TRUSTEES OF Trinity Church, IRegistered Charity No. 1131526] I report on the accounts of Trinity Chur¢lL Lewes for the ye4r ended 31 st Decemkr 2021 which are set out on pages 12 to 23. Respective responsibilities of trustees and examlther The church's trust¢es are res￿nsIble for the Preparation of the accounts. The church's trustees consider that audit is not required for this year under section 144(2) of the Charities Act 2011 {th¢ 2011 Act) and that an independent examination 1$ need¢d. Having satisfied myself that the church is eligible for ind¢pendent examination. it is my responsibility to :. • examine the accounts under section 145 of the 2011 Act: . to follow the procedures laid dowm in the general Directions given by the Charity Commission under section 145(5Xb) of the 2011 Act- and . to Stat¢ whether particular matters have come to my attention. B4818 of IndependeDt examlner's ¥l*tement My examination was carried out in accor￿ with the g¢neTal Directions given by the Charity Commi&sion. An examination Rn¢ludes a review of the A￿untIng records kept by the charity and a comparison of ihe accounts presented with those recK)rds. It also includes consideration of any unusual items or disclosures in the ac¢ount& and seeking explanations from you as trustres concerning any such matters. The procedures undertaken do nol provide all the eviden¢e that would bc required in an audit and consequently no opinion is given as to whether the accounts present a Irue and fair view, and the report is limited to those matters set out in the statement below. Independent ¢￿MIller,8 $tatement Since the gross income for the year exceeds the amounl provided in wtion 145(3) of ihe Act, I confirni that I am qualified to act as Independent Examin¢r under the provisions of that section of the Act and that my qualification is as shown below. In connection with my examination. no material matters have come to my attention which give me cause to believe that in, any material res￿. . accounting records were not kept in accordance with se¢tion 130 of the 2011 ACL or • the accounts do not accord with the accounting re4x)rd& or the accounts did not comply with the applicable requirements concerning the forni and conlenl of accounts set out ift the Charilies {Accounts and Rew)Tts) Regulations 2008 other than any requirement thai the accounts give 8 'true and fair. VI￿ which is not a matter considered as part of an independent examination. I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a pr tanding of the accounts to be reached. Signed by :_ ,gieve Brenfftall FC l Meadow View Cottages Town Littleworth LEWES BN84TH Date: Page 24