DIOCESE OF CHICHESTER The Parish of Brighton St Nicholas of Myra Registered Charity No. 1131831 ANNUAL REPORT AND FINANCIAL STATEMENTS OF THE PAROCHIAL CHURCH COUNCIL For the year ended 31 December 2021 CONTENTS Page Annual report Statement of financial activities Balance sheet Notes to the accounts 10-17 Report of the Independent Examiner 18 st Nicholas, Church, Church Street, Brighton BN13LJ Incumbent.. The Reverend Dr Dominic Keech, St Nicholas, Vicarage, 2 Windlesham Road, Brighton BN13AG Independent Examiner. Mrs Tania Little, 1 Primrose Close, Littlehampton BN17 6US Bankers.. The Co-operative Bank, PO Box 250, Delf House, Southway, Skelmesdale WN86
Parochial Church Council of St Nicholas Annual Report for 2021 Aim and Purposes The Parish Church of St Nicholas of Myra, Brighton. exists to extend the mission of Christ's Church within its parish and city, by.. Communicating the good news of Jesus Christ in words of witness and acts of seNice Ministering the Word and Sacraments for the whole people of God Teaching the Christian faith to all who wish to follow the Way of Christ Ministering to those in need of healing, counsel and reconciliation,. preparing couples for marriage, and caring for the dead and the bereaved Deepening the discipleship, prayer and fellowship of the congregation of St Nicholas, church Working with others to serve the vulnerable, and establish a just society Opening the church as a place of peace and prayer for all Offering the church as a space for the city's cultural, social and civic life (PCC Mission Action Plan) St Nicholas, Parochial Church Council (PCC) has the responsibility of co-operating with the incumbent, the Reverend Dr Dominic Keech, in promoting the ecclesiastical parish for the whole mission of the Church pastoral, evangelistic, social and ecumenical - more effectively., and that in doing so it provides a benefit to the public Providing facilities for public worship, pastoral and spiritual care, and moral and intellectual development, both for its members and for anyone who wishes to benefit from what the Church offers., and Promoting Christian faith and service by members of the Church in and to their communities, to the benefit of individuals and society as a whole. When planning our activities for the year, the incumbent and PCC have considered the Commission's guidance on public benefit and in particular, the specific guidance on charities for the advancement of religion. We try to enable ordinary people to live out their faith as part of our parish community through.. Worship, prayer, learning about the Gospel, and developing their knowledge and trust in Jesus Christ- Provision of pastoral care for people living in the parish., Mission and outreach to the wider community.
Achievements and Performance Worship and Prayer Viewed as a whole, 2021 saw a gradual recovery of the worshipping life of the parish church, as pandemic conditions in England improved through the course of the year. Although the country entered its third national lockdown on 6 January, churches were permitted to remain open for private prayer. A reduced schedule of worship was offered during January, giving people access to Holy Communion from the Reserved Sacrament on Sunday mornings, followed by Evensong on Zoom. Gathering for public worship was once again possible in February, which saw the reintroduction of one Sunday Eucharist alongside a Saturday Vigil Eucharist,. and the reinstatement of the weekday daily mass. By April, the easing of pandemic restrictions permitted a return to St Nicholas, established pattern of two Eucharistic celebrations on Sundays, at 8.00am and 10.30am. From April to July a third celebration specifically for children and families was also offered at 9.00am each Sunday. From the end of July, Junior Church returned to the 10.30am Parish Eucharist, initially meeting in the churchyard and later inside the building. In August, the liturgical schedule of the church was further expanded by opening for silent prayer before the Blessed Sacrament each Thursday evening. Zoom Evensong was discontinued at the end of September, but the provision of Zoom access to the 10.30am Sunday Eucharist remained in place. Throughout the year, and depending on the national pandemic situation, and its accompanying restrictions, attendance at worship has fluctuated considerably. At Easter, across three celebrations of the Eucharist, there were 80 adults and 11 children., of these, 78 were communicants. In Advent, 220 adults and 12 children attended a Civic Advent Carol service. At Christmas celebrations of a crib and carol service, and two celebrations of the Eucharist, 278 adults and 67 children attended worship; 89 people were communicants. Sunday worship in the last quarter of the year saw between 6 and 15 adults attend the 8.00am Eucharist., at the 10.30am Eucharist, between 38 and 75 adults, and between 2 and 13 children, have attended. The number of those attending the Eucharist via Zoom has fluctuated considerably through the course of the year., in the final quarter, around 9 people regularly attended through this medium. In spite of the ongoing challenges of the year, two children reiVed Holy Baptism at st Nicholas,, and eleven children from St Paul's School began their preparation for First Holy Communion in September. The parish clergy officiated at 2 marriages, one funeral and two intements of cremated remains. In 2021, there were 135 persons on the church electoral roll. Deanery Synod Until the resignation of one member in July 2021, four members of the PCC sat on the Deanery Synod., a further member of the PCC was a member of the Synod ex-officio. Membership of the Synod provides the PCC with an important link between the parish, other churches in the city of Brighton and Hove, and the wider life of the diocese.
The Church and Grounds Maintenance of the fabric of our Grade 2, building continued throughout 2021. Works have included the renewal of external smartwater protection,. upgrading the security alarm system., the repair and redecoration of external doors, and sacristy wall,. the restoration of the sacristy floor,. and the replacement of one of two boilers for the underfloor heating system, following a fundraising appeal. The closed churchyard surrounding the church is maintained by Brighton and Hove City Council, and the PCC works Closely in partnership with the City Council and members of the local community to contribute constructively to discussions about parks and open spaces in Brighton and Hove more generally. During 2021 members of the local community within the Friends of St Nicholas, gardening group continued their work in the Churchyard, the Rest Garden and the children's playground, to enhance the beauty of these spaces for rest, reflection and recreation. Evangelisation and Community Engagement The relationship with the parish school 'St Paul's C E School, has continued to be close. The parish priest is ex-officio a Foundation Governor,. in 2021 other members of St Nicholas, have also sat on the governing body.. Angela Fantis (Foundation Governor from January 2019), Revd Jessica Reid (Foundation Governor from October 2019 until January 2022)," and Samuel Damalie (Foundation Governor from January 2021). During the year the Vicar and Assistant Curate have led weekly acts of Collective Worship in school, in class bubbles and latterly in Key Stage groups, as regulations have permitted. Marking Harvest Festival in church, children from KS1 attended non- Eucharistic worship- and children in KS2 attended a Hatvest Festival School Eucharist. Pandemic conditions made in-church Christmas worship for the school unviable., a combined Nativity play and blessing of Christingles took place in the school playground in its place. During 2021, the Assistant Curate remained part of the Chaplaincy team which operates at the YMCA Downslink House, on Dyke Road. In 2021, the PCC maintained its commitment to charitable giving. Charities proposed and accepted by the congregation and PCC were.. Clocktower Sanctuary, Chichester Diocesan Association for Family Support Work, Emmaus, YMCA Downslink and United Society Partners in the Gospel (USPG). Each charity was prayed for at the Parish Eucharist over the course of the year. A Gender, Sexuality and Faith group, which formerly met at St Nicholas, on the last Tuesday of each month, continued to meet on a more occasional basis on Zoom., its first in-person meeting took place on 9 December 2021, welcoming John Bell of the lona Community as a special guest speaker, In June, the programme of Wednesday recitals resumed at the new time of 2.00pm.The strong recovery of these weekly concerts has been notable, attracting a growing number of attendees from across the city, and a wide variety of performers.
These have ranged from advanced students and young professionals at the start of their careers, to more established artists, based in the UK and abrosd. The second half of 2021 also saw a gradual, and much hoped-for, recovery of church hire bookings and other uses of the building by local community groups. The return of these activities is much to be welcomed, both as part of St Nicholas, wider mission and outreach, and asso for their contribution to the financial sustainability of the parish church. Planning for the future due to increased ministry costs and the removal of subsidies now places a huge financial responsibility on parishes. In spite of the financial impact of the pandemic we were able at the end of 2021 to contribute 76.7 % of our Parish Ministry Costs to the diocese, an increase of 14.8 % on our initial pledge at the beginning of the year. This increase in our contribution attests to the generosity of all who continue to support the parish church financially, notwithstanding the difficulties of the pandemic. In 2021, the city council continued to develop plans to make the green spaces around the church more accessible, using Section 106 monies. The PCC remained engaged as a key partner in these conversations. Pastoral Cara Adapting our ministry of pastoral care remained a core priority in 2021. The lay-led Pastoral Visiting Team have shared responsibility for keeping in touch with members of the congregation by remote means, and in the latter part of the year increasingly by face to face visiting and interaction. This ministry has been integral to the cohesion of St Nicholas, worshipping community as pandemic conditions have improved, and some aspects of normal socialisation have been restored. Financial Review The total receipts on unrestricted, designated and restricted funds were £104,019, £1,000 and £15,548 respectively. A detailed breakdown of these reiptS is included in the financial statements. Unrestricted income from donations decreased by £3,203 (3.4 % } to £89,719 (representing 86.30/0 of the total unrestricted income). Unrestricted income from trading activities increased by £9,6471241,3 % ) to £13,644. We are very grateful for the grant we received from The Robertson Hall trust (£4,000) for our administrator. £819 was claimed as a grant under the government Coronavirus Job Retention Scheme. The largest expenditure of the PCC was the sum of £57,000 paid as parish share towards our diocesan parish ministry costs. These costs include clergy stipend and pension, housing, training, ministry support, parish support and national church. For 2022 the diocesan parish ministry costs increase by 3.6 % to £76,967. The PCC has decided to offer £61,000 (an increase of 7 % ) towards those costs.
Charitable donations of £4,420 (representing 5 % of unrestricted donor income) were made directly by the PCC. In addition to that sum £88 was given indirectly through collections at seNices and sundry donations. The net result for the year was excess of receipts over payments of £6,948 on unrestricted funds and £2,709 on restricted funds with an excess of payments over receipts of £2,606 on designated funds. Reserves policy The PCC'S policy is that the unrestricted General Fund should be maintained at a minimum level of one month's expenditure and up to a maximum of three months {excluding exceptional items). The PCC considers this sufficient to finance working capital and committed staff costs and provide for emergencies. As at the 31st December 2021 the General Fund value was £19,901 representing 1.9 months of budgeted expenditure in 2022. Ministry Team, Employees and Volunteers The Revd Dr Dominic Keech remains Vicar of the parish, and the Assistant Curate was Revd Jessica Reid until January 2022. Our Assistant Clergy, Fr Anthony Ball, Fr Chris McDermott and Fr Robin Protheroe, and our Reader Dominic Desouza- Campbell (until July 2021), have continued to support the ministry of the parish throughout this difficult year. Our churchwardens Mike Jackson (until May 2021) and Veronica Thomason (until May 2021), and Heather Wyborn (from May 2021) and Nigel Nash (from August 2021), have worked tirelessly on our behalf in challenging circumstances, not least to ensure the safe use of the church building. Mrs Thomason, Mrs Wyborn and Mr Nash have been ably assisted by Mike Jackson in his capacity as Treasurer, who has helped us to prepare and understand the church's accounts and its finances., and all the members of the PCC, who have made a valuable contribution to our mission and ministry. Two employees of the PCC have continued to provide professional support to the work of St Nicholas,, throughout the changing conditions of the pandemic.. Joanne Morrell, the Parish Administrator,. and Andrew Dickson, the Organist and Director of Music. Our diverse team of volunteers have persisted in their commitment to St Nicholas, throughout 2021, responding generously to the changing needs of the church as the year has progressed. We wish to record our sincere thanks to all who have contributed to our common life and ministry throughout the course of 2021. The willingness of many people to give time and skills to the parish church has enabled our community to respond creatively and hopefully in this challenging period. as we have begun to emerge from the worst conditions of the pandemic.
structure, governance and management The method of appointment of PCC members is set out in the Church Representation Rules and consists of certain ex-officio members (the incumbent, curate, churchwardens), members of the Deanery, Diocesan or General Synods 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 gender, skills and experience where possible. The PCC members are responsible for making decisions on all matters of general concern and importance to the parish including deciding on how the funds of the PCC are to be spent. The full PCC met eight times during the year, with an average attendance of 88.50/0. The work of the PCC is assisted by its Standing Committee. During the year Council has principally been occupied in overseeing St Nicholas, response to the pandemic, and recovering from the destabilisation this has caused. It has also considered issues relating to safeguarding, health and safety, finance, maintaining the fabric of the building, partnership with the city council to develop the green spas. Safeguarding The PCC has a Safeguarding Officer, Nigel Nash, who advises the PCC on matters of compliance and good practice in all areas relating to the safeguarding of children and vulnerable adults. He assists the PCC in ensuring that officers of the church and volunteers are appropriately monitored through Disclosure and Barring SeNice checks, and that they complete relevant safeguarding training. The PCC has received and approved the safeguarding policies and procedures recommended by the diocese during 2021 and keeps this important area under continuous review.
Administrative information St Nicholas, Church is situated in the centre of Brighton. It is part of the Diocese of Chichester within the Church of England. The correspondence address is St Nicholas, Church, Church Street, Brighton, BN13LJ. The PCC is a body corporate (PCC Powers Measure 1956, Church Representation Rules 2006) and a charity registered with the Charity Commission for England and Wales (registered charity number 1131831). PCC members who have seNed from 181 January 2021 until the date of this report was approved are.. Ex Officio Members: Incumbent.. Assistant Curate- Revd Dr Dominic Keech Revd Jessica Reid (Chair) until January 2022 Churchwardens.. Nicholas Goldsmith Michael Jackson Nigel Nash Veronica Thomason Heather Wyborn from May 2021 until July 2021 until May 2021 from August 2021 until May 2021 from May 2021 Deanery Synod: Martin Auton Lloyd Dominic Desouza-campbell Nigel Nash Louise Roddon Veronica Thomason until July 2021 from May 2021 Electsd nAembers: Josephine Baker Sharon Baxter Michael Fisher John Hodges Andrew Kemp Clemmie Leyland Amy Morrell Carole Potter Miranda Sinyard Matthew Suter until May 2021 {Secretary) from May 2021 Co-opted Members: Michael Fisher Michael Jackson from May 2021 (Secretary) from May 2021 (Treasurer) Approved by the PCC on 15 March 2022 and signed on their behalf Reverend Dr Dominic Keech
PAROCHIAL CHURCH COUNCIL OF ST NICHOLAS OF MYRA, BRIGHTON STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021 TOTAL Unreslricled Designated Reslricled Endowment FUNDS Funds Funds Funds Funds 2021 TOTAL FUNDS 2020 Notes Income and endowments from: Donations and legacies Other trading activities Investments Other income 2a 89,719 13,644 160 496 1,000 15,548 106,267 13.644 160 496 99.975 3.997 725 104 2b 2¢ 2d Total Income and endowments 104.019 1,000 15.548 120,567 104,801 Expenditure on: Raising funds Charitable activities Other expenditure Total expenditure 3a 3b 1,928 95,062 81 97.071 25 1,953 111,482 81 113,516 902 119,631 74 120,607 3,608 12,814 3c 3,606 12,839 Net incomellnot expendituro) 6,948 12,6061 2,709 7,051 115,8061 Transfers between funds 16,5001 6,500 Galnslllossesl on revaluatSon ot". Investment assets 6a 201 201 325 Net movement In funds 448 3,894 2,709 201 7,252 115,4811 Total funds brought forward 19,453 112,325 11.166 6,796 149.740 165.221 Total funds carried forward 19,901 116219 13,875 6,997 156.992 149,740
PAROCHIAL CHURCH COUNCIL OF ST NICHOLAS OF MYRA, BRIGHTON BALANCE SHEET AT 31 DECEMBER 2021 Notes 2021 2020 Fixed assets Investments Tangible fixed assets 6,997 3,2B3 6,798 4,243 6b Total fixed assets 10,280 11,039 Current assets Debtors Short term deposits with Central Board of Finance Bank and cash in hand 4,898 122,103 28,328 155,329 6,413 122,103 17,569 146,085 Current Liabilities Creditors - amounts falling due in one year 7,384 Net current assets 146,712 138,701 TOTAL NET ASSETS 156 992 149,740 Funds Endowment funds 10 6,997 6,796 Restricted funds 10 13,875 11,166 Deslgnated Funds 10 116,219 112.325 Unrestricted funds 10 19.901 19,453 TOTAL FUNDS 156,992 149,740 Approved by the Parochial Church Council on 15 March 2022 and signed on ils behalf Reverend Dr Dominic Keech Chairman The accompanying notes form a part of these financial slalements.
PAROCHIAL CHURCH COUNCIL OF ST NICHOLAS OF MYRA, 8RIGHTON NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECENIBER 2021 1. Accountlng pollcles a Accountlng convention The financial statements have been prep8red under the Church Accounting Regulations 2006 in accordance with applicable aceounling stsndards and the current120151 Slalemenl Of Recommended Practice, Accounting and Reporting by Charities SORP IFRS 1021. The financial statements have been prepared under the hlstorical cost convention as modified by the InCu810n of investments al market value. The financial statements include all 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. b Funds accounting Funds held by the PCC are.. Unrestrictgd funds general funds which can be used for PCC ordinary purposes. Designated funds monies sel aside by the PCC out of unrestricted funds for specifi'c fLJture purposes or projects. Restriolfjd funds - al income from trusts or endowments which may be expended only on those restricted oblecls provided in the terms of the trust or bequest,. bl donations or grants received for a specific object or invited by the PCC for a specifi'c object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of the year is carried fOard as a balance on that fund. Endowment funds - funds, the capital of which musl be maintained., only income arising from the investment of the endowment may be Ljsed, either as restricted or unreslricled funds, depending on the purpose sel out in the terms of the original endowment. c Income and endowments All income and endowments are accounted for wilhoul deduction for any costs of receivability, are recognised when the is evidence of enlillement, receipt is probable, and the amount c8n be measured reliably. Donatlons and legacles Coll&ctions 8re recognised when received. Planned giving receivable is recognised when due. InGome tax recoverable is recognised when the income to which il is allached is recognised. Grants and18gaci8s are recognised when the PCC is legally enlilled lo the amount due. Other tradlng actlvltiès Income from trading is recognised when received. Income from investments Dividends are accounted for when due and payable. Interest enlillemenls are accounted for as they accrue. All other Income All other income is recognised when il is receivable. Galns and losses on inv8slments Realised gains are recognised when the investments are sold Unrealised gains and losses are accounted for on revaluation on 31 December. 10
PAROCHIAL CHURCH COUNCIL OF ST NICHOLAS OF MYIIA, BRIGHTON NOTES TO THE FINANCIAL STATEMENTS l¢ontinued} FOR THE YEAR ENDED 31 DECEMBER 2021 d Expendlture Expenditure is accounted for on an accruals basis and accounted for gros5. Charltable actlvities The diocesan parish contribution is accounted for on an annual basis, reflecting the commitment made by the PCC to Brighton Deanery. Any parish contribution unpaid al 31 December is provided for in these accounts as an operational Ilhough not a legall liabllity and is shown as a creditor in the balance sheet. Fixed Assets Tanglble flxed assets Consecrated and bengficed propety of any kind is excluded from the accounts by s.10121 of the Charities Act 2011. Moveable church furnishing held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal. are accounted as inalienable property unless consecrated. They are listed in the church's inventory which can be inspected but are not included in the financial slalements. For other property acquired prior lo 2000 there is insufficient cost information available and therefore such assets are not valued in the financial slalernenls. All expenditure on consecrated or benefic buildings and individual items costing under £1000 are written off in the year they We incurred, Depreciation Depreciation is Galculaled to write down the cost of tangible fixelt assets over their expected lives. The rale applicable is 25¥0 (straight line). Investment5 Investments are slated al market value al the balance sheet date. f Curront Assots AmoLJnl8 owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove uncolleetable. Short-lerm deposits are held with the CBF ChLJrch of England Funds.
PAROCHIAL CHURCH COUNCIL OF ST NICHOLAS OF MYRA, BRIGHTON NOTES TO THE FINANCIAL STATEMENTS Icontlnuedl FOR THE YEAR ENDED 31 DECEMBER 2021 2 Analysis of income and endowments TOTAL Unrestricted Designated Restricted Endowment FUNDS Funds Funds Funds Funds 2021 TOTAL FUNDS 2020 a Income from donatlons and legacies Planned giving - standing orders Planned giving - weekly envelopes Cash collections at all services One off donations and appeals Income lax recovered under Gift Aid Legacie5 Grants fmm Friends of Sl Nicholas other grants 56,666 3,527 2,962 9,025 16,250 56,666 3,527 2,962 19,353 17,470 1,000 54,081 4,712 2,364 12,511 16,936 10,328 1,220 1,000 1,168 8203 99,975 1,289 89,719 4,000 15,548 1,000 106,267 b Income from other trading activitigs Coffee and lea Social events Fund raising Music recitals Fees from weddings, funerals etc Sale cardsltK)oks & activities Church hire Baby ¢afélNippers toddler group 101 130 419 4,429 1.173 42 7,350 101 130 419 4,429 1,173 42 7,350 334 40 1,080 462 79 1,980 22 3.997 13,644 13,644 Inv¢stment Income Dividends and interest 160 160 160 160 725 725 d Other income Other income 496 496 496 496 104 104 Total Income 104,019 1,000 15,548 120.567 104,801 12
PAROCHIAL CHURCH COUNCIL OF ST NICHOLAS OF MYRA, BRIGHTON NOTES TO THE FINANCIAL STATEMENTS {continuedl FOR THE YEAR ENDED 31 DECEMBER 2021 3 Analysis of exp¢ndlture TOTAL Unrestricted Designated Reslricled Endowment FUNDS Funds Funds Funds Funds 2021 TOTAL FUNDS 2020 a Expenditure on raising funds Social fun¢tions Events Music recitals Direct costs chu h hires Online giving charges Stewardship costs 119 233 957 304 158 157 1,928 119 233 957 304 183 1S7 1.953 525 25 187 190 902 25 b Expenditure on charitable activities Missionary and charitable giving Welcome café Diocesan parish share Salaries and wages.. Organist Parish Administrator Ministry costs.. Clergy costs vicar Clergy costs - curate Mission and evangelism costs.. Junior church Church insurance Church running expenses Repairs and maintenance Liturgical supplies Flowers Musiclchoir Printing and photocopying Postage and telephone Slalionery Sundry Advertising Electricity Gas Devotional cards and books Major fabri¢ works 4,420 4.420 4,500 229 74.035 57,000 57,000 5,230 3,249 5,230 7.776 4,265 6,996 4,527 4,147 1,644 4,147 1,644 4,073 1,873 252 252 4,351 2,289 5,370 1,876 1,630 185 1,394 858 491 108 100 1,254 3,487 82 4,344 2,027 7,142 1,278 522 124 2,052 647 212 145 4,351 2,289 4,370 1,876 654 346 1,630 185 434 620 491 100 100 1,254 3,487 960 238 1,105 3,066 55 859 119,631 1,740 5,880 12,814 7,620 111,482 95,062 c Other expendlture Coffee and tea 81 81 81 81 74 74 Total expenditure 97,071 3.606 12.839 113 516 120,607 13
PAROCHIAL CHURCH COUNCIL OF ST NICHOLAS OF MYRA, BRIGHTON NOTES TO THE FINANCIAL STATEMENTS Icontlnued) FOR THE YEAR ENDED 31 DECEMBER 2021 TOTAL Unrestricted Designated Reslricled Endowment FUNDS Funds Funds Funds Funds 2021 TOTAL FUNDS 2020 4 Staff costs Remuneration - wages and salaries 8,479 4,527 13,006 10,261 During the year the PCC employed an organist and an administrator on a part lime basis. Occasional organists were engaged on a self-employed basis. b Payments lo PCC membèrs There were no disclosable transactions in respect of PCC members, nor persons closely Connected with them. 5 Analysis of transfers botwgen funds Reason for transfer Transfer art of 2021 sur Transfer artof2021 sur Transfer art of 2021 sur Amount £500 £3,000 £3.000 Beeen unrestricted and de51 Between unrestriclecs and desi Beeen unrestricted and desi naled naled naled lus to vicara e redecoration fund lus lo parish share fund lus to fabric fund TOTAL Unrestricted Designated Restricted Endowment FUNDS Funds Funds Funds Funds 2021 TOTAL FUNDS 2020 6 Fixed Assets a Investments Market value 1 January Net gainslllossesl on revaluation Market value 31 December 6,796 201 6,997 6,796 201 6,997 6,471 325 6,796 b Tangible fixed asset5 Grand Piano Photo- copier Grand Total Cost or valuation Al 1 January 2021 Additions Al 31 December 2021 4,500 4,802 9.302 4,500 4,802 9,302 Depreciation Al 1 January 2021 Charge for year At 31 December 2021 4,499 560 960 1,520 5,059 960 6,019 4,499 Net book amounts At 31 Dgcember 2021 3,282 3,283 At 31 December 2020 4,242 4,243 14
PAROCHIAL CHURCH COUNCIL OF ST NICHOLAS OF PdlYRA, BRIGHTON NOTES TO THE FINANCIAL STATEMENTS Icontinuedl FOR THE YEAR ENDED 31 DECEMBER 2021 TOTAL Unreslricled Designated Restricted Endtswment FUNDS Funds Funds Funds Funds 2021 TOTAL FUNDS 2020 7 Analysis of net assets by fund Investment fixed assets Tangible fixed assets Current assets Current liabilities 6,997 6,997 3,283 155,329 6,796 4.243 146,085 7,384 149.740 3,282 112,937 28,517 8,617 19,901 13.875 116,219 13,875 6.997 156,992 8 Debtors Income lax recoverable Grants receivable Sundry debtors 4,804 4,804 5.098 1,315 94 4,898 4.898 6,413 9 Credltors., amounts falllng due wlthln one year Church hire deposits 600 Charitable giving 4,438 594 643 1,636 706 800 4,438 594 600 4,518 583 580 759 344 7,384 Deferred income Accruals Sundry creditors 1,636 706 8,617 15
PAROCHIAL CHURCH COUNCIL OF ST NICHOLAS OF MYRA, BRIGHTON NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2021 10 Statement of funds Bal blfwd l Jan 2021 Income Expenditure Other gains Transfers and1105ses) Bal clfwd 31 Dec 2021 Unrestricted Fund General fund 19,453 19,453 104,019 104.019 97,071 97,071 6,500 6,500 19,901 19,901 Designated Funds Altar Children's ministy Diocesan parish share Fabric Hardship Major project Photocopier Servers, robes Vicarage re-decoration 7.659 789 1,000 1,740 252 6,919 537 3,000 4,028 598 95.216 3,282 141 2,500 116219 3,000 3,000 1,680 598 95,216 4,242 141 2,000 112,325 654 500 6,500 1,000 3,606 Restrlcted Funds Administration Boiler Choral Foundation Curate support Fabric Flower Homeless outreach Maintenance of the grand piano Organ Outreach Sl Paul's CE School Youth work 527 4,000 10,165 4,527 5.905 185 4,260 1.895 71S S31 1.312 1,380 1.008 360 1,170 694 550 13.875 2,080 715 527 1,659 1,380 1,258 360 1,416 694 550 11,166 100 1,283 96 1.630 250 246 15,548 12,839 Endowment Funds Hanbury Trust Wa9ner Fund 3,682 3,114 6,796 12441 445 201 3,438 3.559 Total funds 149,740 120.567 113.516 201 156,992 Unrestricted fund - Assets held by the PCC for carying out ivs general aclivilies. Desi natèd funds - Funds the PCC h8s set aside for specifi'c purposes falling withln ivs nomial aclivilies. Administration - Grant received from The Reverend Frederi¢k W. Roberslon trust to pay towards the parish adminislralovs salary. Boiler- Donations received during 2021 for a replacement gas boiler and ongoing majoT repairs to both boilers. 18
PAROCHIAL CHURCH COUNCIL OF ST NICHOLAS OF MYRA, BRIGHTON NOTES TO THE FINANCIAL STATEMENTS Icontlnuedl FOR THE YEAR ENDED 31 DECEMBER 2021 10 Statement of funds Icontined) Choral Foundatlon Monies received in November 2018 from the St Nicholas Choral Foundation. At the end of 5 years any unspent monies in this fund become unrestricted. The fund can be used.. To advance the education of the public in the arts and particular the arl ot Music with a special regard lo choral music. 'To further the education of young people aged 7-18 by providlng grants and scholarships relating to musical education. To pay for general St Nicholas, Brighton choir expenditure. Curate su ort- Monies transferred from Affirming Catholicism in 2018 on the provison that they are used to support the curate - current or future. Fabrlc- Donatlons, grants and fundraising events for substantial repair of the church building and associated fabric. Some funds designated for particular use, e.g, defibrillator. Flower- Donations received for purchase of flowers. Homeless outreach - Donations received lo pay towards running costs of the nlghl shelter, Saturday welcome café or other project. Maintenance of the rand iano - The amounts raised in this fund were originally for the purchase of a new grand piano. However, under a Charity Commission Scheme dated 21 October 2019 the monies can now be spent on the maintenance of a grand piano. an - Donations and fundraising events for pur¢hase and maintenance of new Eminent organ. Outreach Donation for any community outreach project. St Paul's CE School - The source of this fund is unknown. Youth work - Fundraising event lo support youth residential events plus sale of youth equipment. Hanbu Trust- Income paid direct to the Diocese. The source of this fund was Miss Leslie Hanbury. ner Fund - Income paid direct lo the Diocese and goes towards Incumbent's stipend. The source of this fund is unknown. 11 Related charlty The Friends of Sl Nicholas Chur¢h (Charity Commission regisleied number 1 Q46054} is a connected Charity. The funds of this Charity are not incorporated in these accounts. 17
Independent examiner's report to the PCC of St NÉcholas of Myra Brighton This is my raport to tho Parochial Church Coun¢il of the Ecclesiastical Parish (PCC) of St Nicholas of Myra Church Brighton on the accounts for the year ended 31 December 2021 set out on pages 8t017. Respectlve responsibilities of the PCC and the examiner The PCC members are responsible for the preparation of the a¢counls. The PCC members consider that an eudit is not required for thi8 year under section 144 of the Charities Act 2011 {'Ih6 Chariti8s ACVI and that an independent examination is needed. It Is my responsibillty: to examine the accounts under section 145 of Ihe Charities Act, to follow the procedur8s laid down in the General Directions given by the Charity Commissioner under section 145(5)(b) of the Charities Act, and to stste whether particular matters have come to my attention. Basis of independent eJ(amineVs report My examination was carried out in accordance with general Directions given by th8 Charity Commission. That examination includes a review of the accounting records kept by the PCC and a comparison of the accounts presented with those records. It also includes considering any unusual items or disclosures in the accounts, and seeking explanations from you, as trustees, oncerning any such matters. The procedures undertaken do not provide all the evidenGe that would be required in an audit, and Gonsequently no opinion is given as to whether the aGcounts present a 'truè and fair view, and the report is limited to those matters set out in the ststement below. Ind0p6ndent examinerfs statement In connection with my examination, no matter has come to my attention.. which gives me reasonable cause to believe that, in any material respect, the requirements to keep accounting records in accordance with section 130 of the Charities Act. and to prepare accounts which acGord with th& accounling reGords and comply with th? accounting requirements of the Charities Act have not been met., or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached Signed..... 11 April 2022 Tania Little 1 Primrose Close Littlehampton West Sussex BN17 6US 18