DIOCESE OF CHICHESTER Lovt 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 2023 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 2023 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 service 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 seNe 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 2022) Sl 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 by.. 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 gLtidance on public benefit and in particular, Ihe specific guidan 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 In 2023 St Nicholas, offered a full calendar of liturgical worship. The Eucharist was said or sung on all Sundays and feast days, in accordance with Canon., the weekday Eucharist was expanded to include Mondays in addition to other weekdays, and Morning and Evening prayer was celebrated in church at various times during each week. Attendance across both Sunday and weekday worship has shown both consolidation (more people attending more regularly) as well as some growth through the year. Accompanying the in-person Parish Eucharist congregation, a faithful group of Zoom worshippers continued to join in prayer from home. At the end of 2023, attendance both in person and online at the 10.30am Parish Eucharist fluctuated between 60 and 80 people, including up to 8 children. The 8.00am Sunday celebration continued to be attended by between 10 and 20 people. Monthly visits to share Holy Communion at a complex of retirement flats in the parish continued, including up to 10 communicants. Holy Week and Easter were celebrated wtth the traditional rites. Easter attendance at both the Vigil and the daytime Eucharist was 211, of whom 181 received Holy Communion. The parish was fortunate to welcome Br. Sam SSF as guest preacher on Palm Sunday and through the Triduum. Christmas saw smaller attendan numbers than 2022.. including the Crib and Carol Service, and the Night-time and Daytme Eucharist, this tolalled 501,. numbers of communicants at both Chrislmas celebrations was slightly higher than 2022, at 133. Two infants received Holy Baptism at St Nicholas,, and two adult members of the congregation were baptised at Deanery services.13 children from St Paul's School were prepared for, and admitted, to their First Holy Communion, of whom 11 were also baptised, by the Bishop of Lewes in St Nicholas, church. Two couples were joined in Holy Matrimony. St Nicholas, continued its tradition of hosting civic acts of worship, including a Carol Service on the first Sunday of Advent sung by Brighton Chamber choir, in the presence of the city's Mayor and civic guests. The Patronal Festival was celebrated on the second Sunday of Advent, with a homily given by Revd Canon Judith Egar, sometime Assistant Curate of the parish and currently Associate Vicar of St Anne, Lewes. Opportunities for prayer, worship and fellowship outside of the liturgy continued, including the offering of four Lent courses (one on Zoom). A monthly Sunday study group resumed in the second half of 2023, after the Parish Eucharist. A regular Zoom fellowship group met each week throughout the year, attracting up to a dozen participants depending on the course of study or topic of discussion. There were 133 persons on the church electoral roll. For the annual return, average Sunday attendance was calculated as 87, including 4 children., the worshipping community, broadly considered, included 146 people.
Following on from the 2022 'Warm Spaces, project, the church remained open for visits and prayer for four hours a week, in addition to its regular opening times for daily divine service, and the weekly music recital. Deanery Synod Four members of the PCC sit on the Deanery Synod, one of whom is the Synod Lay Chair., this provides the PCC with an important link between the parish and the wider structures of the church. Discussion about St Nicholas, contribution to the Deanery MAP implementation continued through 2023. The Church and grounds Maintenance of the fabric of our Grade 2. building continued throughout 2023. Underfloor heating boilers have been repaired and maintained,. the Lady Chapel window was restored after theft damage,. the wooden floor in the nave was cleaned and conditioned., the tower fleche was repaired and repainted, and various other minor repairs were carried out. 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. Implementation of the Forestry Commission Urban Tree Challenge Fund project to plant 24 new trees in the green spaS began in spring 2023, with the PCC acting as the partner of Brighton and Hove City Council for the delivery of the project. During 2023 members of the Gardening Group continued their work in the Churchyard, the Rest Garden and the children's playground, contributing to their safety and beauty, as important spaces for rest and recreation in the local community. 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, and was also Co-chair from September 2021 until March 2023. Other members of St Nicholas, have sat on the governing body.. Angle Fantis (Foundation Governor from January 2019, also Co- Chair from September 2021), and Samuel Damalie (Foundation Governor from January 2021). The parish priest continued to offer regular acts of collective worship in school, sharing this responsibility with the Assistant Curate and the clergy of the parish of St Paul. In 2023, 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, and United Society Partners in the Gospel (USPG). Each charity is prayed for at the Parish Eucharist over the course of the year. Stand-alone collections have also been taken following ecological disasters.
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 through the year. A Coronation Fair was held in the church and churchyard on the early May bank Holiday. As well as raising significant funds for the PCC, the event was supported and enjoyed by many people in the surrounding neighbourhood and wider city. During July and August, the pop-up Café returned to the parish church for its third year, offering affordable lunches and teas for members of the local community in the church building and outside in the churchyard. Throughout the year, the weekly Wednesday recitals have continued to flourish, attracting talented performers from across the country, and occasionally from mainland Europe. The recitals are a much appreciated and valuable element of the city's weekday cultural offer, and audience numbers have remained strong throughout 2023. The recitals remain a core part of St Nicholas, regular community outreach, providing high-quality music, homemade refreshments and hospitality, for a voluntary donation. Demand for the hire of St Nicholas, by both individuals and groups remained strong throughout the year. In addition to regular weekday hires, the church hosted a wide range of seasonal and occasional hires, giving space for variety of community and cultural events. The income generated by the use of the building by hirers is an essential element in the sustainability of the parish church in the medium to long term and is a valued part of our offering to the city and neighbourhood. During the Fringe Festival a highly successful series of historical lours of the church was once again offered by a member of St Nicholas, congregation, attracting both old and new visitors keen to learn about the long history of the church and its many personalities. As part of the Open Church project detailed above, a weekly Needlework group run by a member of the congregation and open to all was revived in 2023, attracting sewing enthusiasts from across the city. In 2023, the city council continued to develop plans to make the green spaces around the church more accessible and safe, principally through the planned provision of external lighting of the building, using Section 106 monies. The PCC remained engaged as a key partner in these conversations. Pastoral care The work of the Pastoral Visiting team has remained a vital, though often unseen, element of St Nicholas, common life and flourishing throughout the year. The group of visitors, led by the Authorised Lay Minister, visits and keeps in touch with the sick, housebound and isolated,. those who are Lay Ministers of Communion also take the Eucharist to those who wish to receive it at home.
Financial review The total receipts on unrestricted, designated and restricted funds were £131,537, £4,354 and £20,068 respectively. A detailed breakdown of these receipts is included in the financial statements. Unrestricted income from donations increased by £12,245 {14.7 % ) to £95,397 (representing 72.5 % of the total unrestricted income). Unrestricted income from trading activities increased by £7,066 (27.20/0) to £33,075. We are very grateful for the grants we reiVed from The Robertson Hall trust {£5,000) for our administrator and The Forestry Commission (£1,623) and The Friends of St Nicholas (£1,738) for new trees in the churchyard. The largest expenditure of the PCC was the sum of £68,000 paid as parish share towards our diocesan parish ministry costs of £78,795 . These costs include clergy stipend and pension, housing, training, ministry support, parish support and national church. For 2024 the diocesan parish ministry costs will increase by 3.4 % to £81,445. The PCC has decided to offer £68,000 towards those costs though this may be increased. Charitable donations of £4,772 (representing 5 % of unrestricted donor income) were made directly by the PCC. In addition to that sum £795 was given indirectly through collections at services and sundry donations. The net result for the year was an excess of receipts over payments of £4, £9,275 and £6,482 on unrestricted, designated and restricted funds respectively. 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 2023 the General fund value was £19,905 representing 1.6 months of budgeted expenditure in 2024. Ministry Team. employees and volunteers The Revd Dr Dominic Keech remains Vicar of the parish. Our Assistant Clergy, Fr Anthony Ball, Fr Chris McDermott, Fr David Ingledew and Fr Robin Protheroe, have continued to support the life of the parish throughout the year,. their ministry is warmly appreciated and valued by the whole congregation. In Advenl 2022 Revd Dr Pete Leith was seconded to St Nicholas, from All Saints Hove, to support his curacy following the resignation of his training Incumbent. He was licensed as Assistant Curate of St Nicholas, in July 2023 and conlinues to complete his title post in the parish. Our churchwardens Heather Wyborn {until May 2023}, Nigel Nash (re-elected May 2022) and Rachel Chan (elected May 2023) have worked tirelessly on our behalf to maintain the good order of the church building, support our pastoral and common life,
and provide wise leadership on behalf of the laity and in close partnership with the Incumbent. They have been ably assisted by Mike Jackson (until May 2023) and thereafter by Clemmie Leyland (from May 2023) in their respective terms as Treasurer, in which they have helped us to prepare and understand the church's accounts and its finances. Thanks are also due to all the members of the PCC, who have made a valuable contribution to our mission and ministry through their careful discernment. deliberation and assistance in delivering our missional priorities through the year. Two employees of the PCC have continued to provide professional support to the work of St Nicholas,: Joanne Morrell, the Parish Administrator,. and Andrew Dickson, the Organist and Director of Music. They have continued their widely appreciated work with diligence, professionalism, and commitment to the flourishing of St Nicholas, throughout the year. Our diverse team of volunteers, which numbers around 75, have persisted in their commitment to St Nicholas, throughout 2023, responding generously to changing needs as the year has progressed. We wish to record our sincere thanks to all who have contributed to our common life and ministry in a voluntary capacity throughout the course of 2023. The willingness of many people to give time and skills to the parish church has enabled St Nicholas, to respond creatively and hopefully to the needs of both the church and local community. 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, churchwafdens), 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 six limes during the year, with an average attendance of 84.5 %. The work of the PCC is assisted by its Standing Committee. During the year the Council has considered issues relating to safeguarding, parish mission and ministry. health and safety, finance, maintaining the fabric of the building, partnership with the city council to develop the green spaces, and many other topics. Safeguarding The PCC has a Safeguarding Officer, Nigel Nash, who was re-appointed to this role in May 2023. He 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 Service checks, and that they complete relevant safeguarding training. The PCC has received and approved the safeguarding policies and procedures recommended by the diocese during 2023 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 (registered charity number 1131831). PCC members who have Seed from 1st January 2023 until the date of this report was approved are: Ex Officio members: Incumbent.. Assistant Curate Revd Dr Dominic Keech Revd Dr Pete Leith (Chair) from July 2023 Churchwardens: Rachel Chan Nigel Nash Heather Wybom from May 2023 until May 2023 Deanery Synod.. Josephine Baker Thomas Elliott Frances Lindsay Hills Louise Roddon Veronica Thomason from May 2023 from May 2023 from May 2023 until May 2023 DI0$an Synod.. Martin Auton Lloyd Elected members: Josephine Baker Nicholas Goldsmith Andrew Kemp Clemmie Leyland Vivienne McKay Paul Misso Amy Morrell Georgina Obeng Aiko Somers-Harris Felicity Stimpson Matthew Suter Heather Wyborn until May 2023 from May 2023 until May 2023 (Treasurer) from May 2023 until Jan 2024 until May 2023 (Secretary) from May 2023 Co-optsd members.. Michael Jackson until May 2023 Approved by the PCC on 21 March 2024 and signed on their behalf
PAROCHIAL CHURCH COUNCIL OF ST NICHOLAS OF MYRA, BRIGHTON STATENIENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 34 DECEMBER 2023 TOTAL Unrestricted Designated Reslricled Endowment FUNDS Funds Funds Funds Funds 2023 TOTAL FUNDS 2022 Notes Income and endowments from: Donations and legacies Other trading activib'e$ Investments Other income 2a 95,397 33,075 2,831 234 16,364 111,761 33,075 7,185 3.938 155,959 102.596 26,009 1.834 238 130,677 2b 4,354 2d 3,704 20,068 Total income and endowments 131.537 4,354 Exponditure on: Raising funds Charitable aclivilies Other expenditure Total expendlture 3a 3b 5,726 115,566 441 75 13,511 5,801 133,956 441 3.722 114,449 208 118,379 4,879 3c 121.733 4,879 13,586 140.198 Net incomellnet expenditure) 9.804 15251 6.482 15,761 12.298 Transfers between funds 19,8001 9,800 Galnsl{loss•$l on revaluatlon of: Investment assets 6a 461 461 1880) Net movement In fvnds 9,275 6.482 461 16,222 11.418 Total funds brought forward 19,901 117,645 24,747 6.117 168,410 156,992 Total funds carried forward 19,905 126,920 6,578 184 632 168,410
PAROCHIAL CHURCH COUNCIL OF ST NICHOLAS OF MYRA, BRIGHTON BALANCE SHEET AT 31 DECEMBER 2023 Note5 2023 2022 Flxed assets Investments Tangible fixed assets 6a 6b 6,578 1,362 6,117 2,322 Total flxed a$$ets 7,940 8.439 Current assets Debtors Short term deposit$ with Central Board of Finance Bank and cash in hand 5,454 159,103 23,844 188,401 4,517 152,103 12,233 168.853 Current Liabllltles Credllors - amounts falling due in one year Net current assets 176,692 159,971 TOTAL NET ASSETS 184.632 168,410 Funds Endowment funds 10 6,578 6,117 Reslrlcted funds 10 31.229 24,747 Deslgnated Funds 10 126,920 117,645 Unrestricted funds 10 19,905 19.901 TOTAL FUNDS 184 632 168.410 Approved by the Parochial Church Council on 21 March 2024 and signed on its behalf Reverend Dr Dominic Keech Chairman The accompanying notes form a part of these financial slatemenls.
PAROCHIAL CHURCH COUNCIL OF ST NICHOLAS OF PJIYRA, BRIGHTON NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 1. Accounting pollcles a Accounting convention The financial statements have been prepared under the Church Accounting Regulations 2006 in accordance with applicable accounting standa¥ds and the current (20151 Slalement Of Recommended Pracli¢e, Accounting and Reportlng by Charities SORP IFRS 1021. The financial ststemenls have been prepared under the historical cost convention as modified by the inclusion 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 affi'liation lo another body, nor those which are informal gatherings of church members. b Funds a¢¢ountlng Funds held by the PCC are.. Unrestrictgd funds gener81 funds which can be used for PCC ordinary purposes. Designaled funds monies sel aside by the PCC out of unreslricled funds for specific future purposes or projects. Restricted funds - al income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest,. bl donations or grants ceiVed for a specific object or invited by the PCC for a specific obje¢l. The funds may only be expended on the specific object for which they were glven. Any balance remaining unspent al the end of the year is Cairied forward as a balance on that fund. Endowment funds - funds, the capilaS of which musl be maintained., only income arising from the investment of the endowment may be used. either as restricted or unreslricled funds, depending on the purpose set out in the terms of the original endowment. Income and endowments All income and endowments 2re ac¢ounled for without deduction for any costs of receivability. are recognised when there is evidence of entillemenl, receipt Is probable, and the amoLtnl can be measured reliably. Donations andlogacies Collections are recognised when received. Planned giving receivable is recognised when due. Income tax recoverable is recognised when the income lo whieh It is attached is recognised. Grants and18gaci&s are recognised when the PCC is leg811y entitled lo the amount due. Other tradlng actlvitie8 Income from trading is recognised when received. Income from inv¢strnents Dividends are accounted for when due and payable. Interest entitlements are accounted for as they accrue. All other income All other income is recognised when it is receivable. Galns and losses on investments Realised gains are reeognised when the investments are sold Uniealised gains and losses are accounted for on revaluation on 31 December. 10
PAROCHIAL CHURCH COUNCIL OF ST NICHOLAS OF MYRA, BRIGHTON NOTES TO THE FINANCIAL STATEMENTS Icontlnuedl FOR THE YEAR ENDED 31 DECEMBER 2023 d Expendlture Expenditure is accounted for on an accruals basis and accounted for gross. Charltable activitie8 The diocesan parish contribution is accounted for on an annual basis, reflecting the Commitment made by the PCC to Brighton Deanery. Any parish contribution unpaKI al 31 December is provided for in these accounts as an operational (though not a legall liability and is shown as a creditor in the balance sheet. 8 Fixed Assets Tangible flxed assets Conseoraled and beneficed property of any kind is excluded from the accounts by s.10{21 of the Charitie$ Act 2011. Moveable church furnishing held by the Vicar and Churchwardens on special trust for the PCC and which require faculty for disposal, are accounted as inalienable property unless consecrated. They are listed in the church'$ inventory which can be inspe¢led but are not included in the financial statements. For other property acquired prior to 2000 there is insufficient cost infomalion available and therefore such assets are not valued in the financial slalemenls. All expenditure on consecrated or beneficed buildings and individual items costing under £1000 are written off in the year they were incuried. Depreclatlon Depreciation Is calculated lo write down the c051 of tangible ftxed assets over their expected lives. The rale applicable is 250/0 lstraight line). Investrnonts Investments are staled at market value at the balance sheet date. f Current Assets Amounts owing to the PCC al 31 December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove un¢ollectable. Short-lerm deposits are held with the CBF Church of England Funds.
PAROCHIAL CHURCH COUNCIL OF ST NICHOLAS OF MYRA, BRIGHTON NOTES TO THE FINANCIAL STATEMENTS Icontlnuedl FOR THE YEAR ENDED 31 DECEMBER 2023 2 Analysi$ of income and endowm8nts TOTAL Unreslricled Designated Restricted Endowment FUNDS Funds Funds Funds Funds 2023 TOTAL FUNDS 2022 a Income frorn donations and legacles Planned giving standing orders Planned giving - weekly envelopes Cash collections at all services One off donation$ and appeals Income lax recovered under Gift Aid Legacies Grants 58.577 5,257 4,565 10,219 16,779 58.577 5,257 4,565 16,872 16,779 S1,274 3,602 3,312 22.843 17,232 6,653 9,711 4,333 102,696 95,397 111.761 b In¢ome from other tradlng actlvities Coffee and tea Social events Fund raising Music recitals Fees from weddings, funerals elc Sale cardslbooks & activities Church hire 854 498 6,047 8,901 1.178 403 15,194 33,075 854 498 6,047 8.901 1.178 403 15,194 33,075 738 472 1.192 6,749 1,601 177 15,080 26.009 ¢ Investment income Dividends and interest 2,831 2,831 4,354 4,354 7,185 1,834 1,834 d Other Income Insurance claims Other income 3,704 3,704 234 234 234 238 238 3,704 Total income 131,537 4,354 20,068 155.959 130,677 12
PAROCHIAL CHURCH COUNCIL OF ST NICHOLAS OF MYRA. BRIGHTON NOTES TO THE FINANCIAL STATEMENTS {continued) FOR THE YEAR ENDED 31 DECEMBER 2023 3 Analysi$ of gxpgndlture TOTAL Unrestricted Designated Restricted Endowment FUNDS Funds Funds Funds Funds 2023 TOTAL FUNDS 2022 a Expenditure on raising funds Soci81 funcbons Event5 Music recits18 Direct costs re church hires Online giving charges Stewardship costs 681 957 3,306 534 167 81 75 756 957 3,306 534 167 81 5,801 830 199 2,027 470 125 71 3,722 75 b Expenditure on charitable actSvltles Missionary and charitable giving Dio¢esan parish share Salaries and wages.. Organist Parish Adminislralor Ministry costs.. Clergy c051s vicar Clergy costs - curate Clergy costs - visiting clergy Mission and evangelism costs.. Children's work Church insurance Church running expenses Repairs and maintenance Liturgical supplies Flowers Musiclchoir Printing 2nd photocopying Postage and telephone Slalionery Sundry Advertising Electricity G8S Devotional cards and books Major fabric works 4,772 68.000 4,772 68,000 4,160 61,000 5,520 6,044 5,520 11,044 4,846 9,365 5,000 4,558 1,405 88 4.558 1,405 88 5,908 13191 S2 5,410 2,914 5,743 2,355 247 309 5,410 2,982 10,161 2,557 1.663 273 1,754 735 947 372 300 4,471 3,451 7,812 1,960 1,774 388 1,691 652 775 60 244 1,470 3,327 365 749 114,449 68 710 202 1,663 273 3,708 794 735 947 351 960 21 1,755 3,863 1.755 3,863 250 115,566 211 5,327 13,511 5.788 133 9S6 Other expenditure Coffee and lea 441 441 441 441 208 208 Total expenditure 121,733 4,879 13 586 140.198 118,379 13
PAROCHIAL CHURCH COUNCIL OF ST NICHOLAS OF MYRA, BRIGHTON NOTES TO THE FINANCIAL STATEMENTS Icontlnugd) FOR THE YEAR ENDED 31 DECEMBER 2023 TOTAL Unrestricted Designated Restricted Endowment FUNDS Funds Funds Funds Funds 2023 TOTAL FUNDS 2022 4 Staff co818 Remuneration - wages and salaries 11,564 5.000 16.564 14,211 During the year the PCC employed an organist and an adminislralor on a part lime basis. Occasional organists were engaged on a self-employed basis. b Payments to PCC membe(s There were no disclosable transactions in respect of PCC members, nor persons closely connected with them. S Analys1$ of transfers between funds Reason for transfer Transfer art 012023 sur lus to arish share fund Transfer art of 2023 sur lus lo fabric fund Transfer art of 2023 sur lus lo vicara e redecoration fund Transfer altar fund lo re lacmenl rand iano fund Amount £4,650 £4.650 £500 £12,500 Beeen unreslricled and desi nated Beeen unreslricled and desi nated Between unreslricled and desi nated BebNeen re8tflCted and reslricled TOTAL Unreslricled Designated Reslricled Endowment FUNDS Funds Funds Funds Funds 2023 TOTAL FUNDS 2022 6 Flxed As$ets a Investments Market value 1 January Nel gainslllossesl on revaluation Markgt value 31 December 6,117 461 6,578 6,117 461 6,578 6,997 880 6,117 b Tanglble flxed assets Grand Piano Photo- copier Grand Total Cost or valuatlon At 1 January 2023 Additions At 31 December 2023 4,500 4.802 9,302 4.500 4,802 Depreciation Al 1 January 2023 Charge for year At 31 December2023 4,499 2,481 960 3,441 6,980 960 7.940 4,499 Net book amounts At 31 December 2023 1,361 1,362 Al 31 December 2022 2.321 2.322 14
PAROCHIAL CHURCH COUNCIL OF ST NICHOLAS OF MYRA. BRIGHTON NOTES TO THE FINANCIAL STATEMENTS Icontinuedl FOR THE YEAR ENDED 31 DECEMBER 2023 TOTAL Unrestricted Designated Restricted Endowment FUNDS Funds Funds Funds Funds 2023 TOTAL FUNDS 2022 7 Analysls of net assets by fund Investment fi'xed assets Tangible fixed assets Current assets Current liabilib'es 6.578 6,578 1.362 185.574 8,882 184.632 6,117 2,322 168,853 8,882 168,410 1,361 125,559 28,786 8,882 19,905 31,229 126.920 31.229 6,578 8 Debtors Income lax recoverable Accrued income Sundry debtors 5,297 5,297 4,316 107 94 4.517 157 5,454 157 9 Credltors: amounts falllng due wlthln one year Church hire deposits 200 Charitable giving 4,770 Parish retreat deposits 2,628 Utilities 783 Deferred income 643 Accruals 1.994 Sundry C1101$ 691 11,709 200 4,770 2,628 783 643 1,994 691 400 4,173 897 1,743 1,172 497 8,882 15
PAROCHIAL CHURCH COUNCIL OF ST NICHOLAS OF MYRA, BRIGHTON NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2023 10 Statement of funds Bal bld 1 Jan 2023 InGome Expenditure Other galns Transfers and (losses) Bal clfvid 31 Dec 2023 Unrestri¢t¢d Funds General fund 19,901 19,901 131.537 131,537 121,733 121,733 9,800 9,800 19,905 Designated Funds Altar Children's ministry Diocesan parish share Fabri¢ Hardship Major project Outreach Photocopier Vicarage re-decoration 6,171 415 5,000 6,026 598 95,216 522 2,321 1.376 117,645 211 5,960 415 9.650 6,968 598 99,570 S22 1.361 1,876 126 920 4.650 4,650 3,708 4,354 500 9,800 4.354 4,879 Restrieted Funds Administration Altar Boiler Choral Foundation Churchyard trees IUTCFI Curate support Fabri¢ Flower Homeless outreach Lilurgieal Maintenance of the grand piano Organ Outreach Replacement grand piano St Paul's CE School Vicarfs discretionary Youth work 5,000 5,000 12,500 3,580 1,507 112,500) 3,580 1,234 1,738 715 1,341 1,085 1,380 273 1,623 3.361 715 531 1,095 1.380 202 608 360 1,185 4.704 1,653 3,894 1,663 202 520 88 360 1,161 17,500 427 70 550 31,229 350 5,000 374 12,500 464 70 550 24,747 37 20,068 13,586 Endowment Funds Hanbury Trust Wagner Fund 2,976 3,141 6,117 166 295 461 3,142 3.436 6,S78 Total funds 168,410 155,959 140,198 461 184632 Unrestrlcted fund - Assets held by the PCC for carrying out ivs general activitie$. funds - Funds the PCC h88 $et aside for specific purposes falling within ivs nomial aclivilies. Restrictèd funds - See breakdown on next page. 16
PAROCHIAL CHURCH COUNCIL OF ST NICHOLAS OF MYRA, BRIGHTON NOTES TO THE FINANCIAL STATEMENTS Icontlnuedl FOR THE YEAR ENDED 31 DECEMBER 2023 10 Statgment of funds l¢ontined} Administration - Grant received from The Reverend Frederick W. Roberslon trust to pay towards the pari$h adminislralorfs salary. Altar - Donation received ir¢ 2022 Iow8rds cost of new nave altar lor other capital project at discretion of Vicar). oiler- Donations received during 2021 for a replacement gas boiler and ongoing major repairs to both boilers. Chureh ard new trees - grants received from Fore51ry Commission las part of UTCF project) and Friends of St Nicholas lo planting new trees in the churchyard Choral Found Monies received in November 2018 from the St Nicholas Choral Foundation. Al the end of 5 year8 any unspent monies in this fund become unreslricled. The fund can be used.. To advance the education of the public in the arts and particular the art of music with a speeial regard lo choral music. 'To further the education of young people aged 7-18 by providing grants and scholarships relating lo musical education. To pay for general Sl Nicholas. Brighton Choir expenditure. Curate su ort- Monies transferred from Affirming Catholicism in 2018 on the provison that they are used to support the cur21e- current or future. Fabrlc - Donations, grants and fundraising events for subslants'al repair of the church building and associated fabric. Flower- Donations received for purchase of flowers. Homeless outrgach Donations received to pay towards running costs of the night shelter, Saturday welcome café or other projeGt. Lltur ical - Donatr'on ieceived in 2022 towards 2023 costs Maintenance of the rand iano- The amounts raised in this fund were originally for the purchase of a new gfftnd piano. However, under a Charity Commission Scheme dated 21 October 2019 the monies can now be spent on the maintenance of a grand piano. Lan - Donations and fundraising events for purchase and maintenance of new Eminent organ. Outreach - Donation for any community outrea¢h project. Re lacement rand iano - donation received in 2023. st Paul's CE School - The source of this fund is unknown. Vlcarfs di$¢retiona Donation received In 2022. 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 Mis8 Leslie Hanbury. Wa ner Fund Incom8 paid direct to the Diocese and goes towards Incumbenvs stipend. The source of this fund is unknown. 11 Related charlty The Friends of Sl Nicho12s Church (Charity Commission registered number 1046054) 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 Nicholas of Myra Brighton This is my report lo the Parochial Church Council of the Ecclesiastical Parish {PCC) of St Nicholas of Myra Church Brighton on the accounts for the year ended 31 December 2023 set out on pages 8t017. Respective responsibilities of the PCC and the examiner The PCC members are responsible for the preparation of the accounts. The PCC members consider that an 2udil is not required for this year under section 744 of the Charities Act 2011 {"Ihe Charities Act") and that an independent examination is needed. li is my responsibility.. lo examine the accounts under section 145 of the Charities Act, lo follow the procedures laid down in the General Directions given by the Charity Commissioner under section 145{5llbl of the Charities Act, and to state whether particular matters have come to my attention. Basls of independent examiner's report My examination was carried out in accordance with general Directions given by the 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, conceming any such mallers. The procedures undertaken do not provide 811 the evidence that would be required in an audit, and consequently no opinion is given as lo whether the accounts present a 'lrue and fair view, and the report is limited to those mallers set out in the statement below. Independent examiner's statement In conne¢lion with my examination, no matter has come to my allenlion.. which gives me reasonable cause lo believe that, in any material respect, the requirements lo keep accounting records in accordance with section 130 of the Charities Act.. and lo prepare accounts which accord with the accounting records and comply with the 8ccounting requirements of the Charities Act have not been wel., or 2. to which, in my opinion. allenlion should be drawn in order lo enable 8 proper understanding of the a¢¢ounls lo be reached. Signed......... 1 May 2024 Tania Little 1 Primrose Close Littlehampton West Sussex BN176US 18