# **Parish of St Leonards on Sea St Leonard and St Ethelburga Registered Charity No 1132025**
## **ANNUAL REPORT AND FINANCIAL STATEMENTS OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2022**
## **CONTENTS**
**Annual Report Independent Examiner’s Report Statement of Financial Activities Balance Sheet Notes to the Accounts**
**Page 2-6 Page 7 Page 8 Page 9 Page 10-18**
Minister in Charge: Revd Matthew Foy
Honorary PCC Treasurer: Mrs Janet M. Crawford
Independent Examiner: Rachel Taylor FCA, Acuity Professional Partnership LLP Unit 2.02 High Weald House, Glovers End Bexhill on Sea TN39 5ES
Banks: National Westminster Bank PLC, Havelock Road, Hastings CAF Bank Ltd, West Malling, Kent, ME19 4JQ
## **ST LEONARD AND ST ETHELBURGA’S PAROCHIAL CHURCH COUNCIL ANNUAL REPORT FOR 2022.**
## **Our aims and purpose as a charity.**
The PCC has the responsibility of co-operating with the Priest in Charge 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 know Jesus better and make Him better known;
- practical support and care for people in the parish, from the youngest to the eldest, irrespective of level of need or, ability to pay; and
- providing financial support those in need and, to other organisations with similar objectives.
When planning our activities for the year, the PCC considered the Charity Commission’s guidance on public benefit and the specific guidance on “charities for the advancement of religion”.
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.
## **What we planned to do to achieve our charitable objectives**
## **We enable as many people as possible to worship at our church:**
- Enabling as many people as possible to become part of our parish community
- Teaching, baptising and nurturing new and existing believers.
## **We offer services of worship to God:**
- Maintaining an overview of worship throughout the parish
- Considering how services can involve the many groups that live within the parish
- Putting faith into practice, through prayer and scripture, music and sacrament.
## **We promote the gospel and pray that the unchurched may find life in Jesus Christ:**
- Assisting people from all walks of life to develop their knowledge of, and trust in, Jesus
- Holding courses to advance religion and providing educational courses
- Living out our Mission Statement – ‘Seeking to be missional in all we do’.
- Establishing midweek small groups at which we learn about the Bible, with worship, prayer and fellowship.
## **We engage in evangelism and outreach to the parish in various ways:**
- Reaching out to the unchurched through provision of the community activities. This includes a toddler group and a community choir.
## **We provide a building for people enjoy:**
- Maintaining the fabric of the church building
- Enabling an appreciation of the church building by the community as an important community facility.
## **We provide tangible pastoral and financial support to the poor and needy:**
- Providing pastoral care for people whether part of the church family or not
- Collecting donations for the foodbank at harvest
## **We consider the needs of people served by other charities and overseas**
- Giving grants to wider Christian charities
- Giving grants to missionary organisations
.
## **’ What we achieved and how we affected people s lives:-**
All significant decisions about the running of the Church are made by the PCC which met 7 times during 2022. In November 2022 the PCC held a vision morning to consider the future priorities of the
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Church. The work from this morning is still ongoing and the hope is that it can be presented at the APCM in 2023.
At the May APCM, we said thank you to Ruth Hine and Brenda Pegman both of whom stepped down from the PCC. We did however welcome Annette Passley and Clare Lyttle onto the PCC.
## **Attendance at Worship**
The church family welcomes all who would like to know more about the Lord Jesus Christ. Attendance at worship is voluntary and open to all.
At the APCM we had 68 people on the parish electoral roll. The average weekly attendance, as recorded in October, was 58 adults and 9 children. This was very similar to 2021. During the Sunday morning service, any children present have the opportunity to have a time of age appreciate teaching and activities.
In addition to our main Sunday morning service at 10am, we also held a monthly midweek communion service and a monthly messy church service for local families. The Church also held a weekly prayer meeting on a Tuesday morning and a monthly prayer meeting in a Sunday afternoon.
The PCC recognise that there has been a reduction in the number of families attending the church after the pandemic and it is hoped that the new 2023 vision will seek to address this.
## **Teaching, baptising and nurturing new and existing believers**
In 2022 our Sunday sermons have looked at the bible books of Revelation, Matthew, Acts and Ecclesiastes. These Sermons have been given by the minister and three of the church’s authorised preachers. They aim to provide practical application of the bible to daily life. During our Sunday services, we had two infant baptism and one adult baptism. One member of the church was also baptised and three members confirmed by the Bishop of Lewes at a service at St Matthew’s Church, St Leonards on Sea.
In addition to our Sunday services, the church has six midweek groups where people meet for fellowship, bible study, prayer and mutual encouragement.
Our minister also ran fortnightly “equip” course training people for small group and one to one ministry along with some “engage” courses to enable people to investigate the Christian faith. In Lent 2022 we ran a special course helping people think through how to serve God on their frontlines.
Two members of the church family; Ann Lowndes and Yvonne McMonagle died during 2022. We give thanks for their lives and service of the church. There was one wedding in church in 2022.
## **Evangelism and Outreach**
The Church continued to reach out to the local community through the church Toddler’s group, Messy Church and Community Choir which re-started in the Autumn after a 2.5 year break. All these activities are open to everyone and the hope is that through the relationships built there will be opportunities to share the Christian faith.
## **Church School**
The Church continues to have a very strong relationship with St Leonards CE Primary Academy. Our minister leads worship each week, a member of our church provides counselling through the Charity TLG (Transforming Lives for Good) and twice a half term the church gives the children a drama presentation through Open the Book. The school have also brought classes to the Church building to learn about the Christian faith.
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## **Provision of the church building for people to enjoy**
The Church building is used each week for a variety of church activities. Other non-church groups which met regularly in the church in 2022 included Rainbows; Brownies and the St Leonard’s Writers.
## **Maintenance and Improvement of the church building**
The church has carried out further maintenance of the building in 2022. This included:
- the stained glass window in the side chapel was repaired along with the vestry window and several windows in the side aisle following criminal damage in 2021;
- a new polycarbonate sheet was placed over the vestry window to prevent further criminal damage;
- the gutters were cleaned and a significant number of missing tiles replaced on the church roof;
- the vestry toilet was replastered and repainted;
- a new remote thermostat was introduced to allow the heating to be controlled remotely;
- the fire extinguishers were tested and replaced where necessary;
- the grass was regularly mown and the paths were cleared of weeds; and
- the corner tiles in two of the roof valleys were repaired and replaced where necessary.
In addition, in February 2022 the Church obtained a faculty for the internal reordering including removal of pews, introduction of chairs, creation of a meeting room under the balcony, disposal of the stone font, introduction of a portable font, and provision of storage cupboards. The Church successfully applied for four grants towards this work. By the end of the year all the pews had been removed ready for the first phase of work (the repair of the floor and introduction of chairs) ready to happen in early 2023. The PCC consider that the re-ordering will enable the building to be used for a greater range of ministry and community activity that will benefit many in the local neighbourhood.
## **Church Properties**
The PCC continues to lease for the former church hall next to the church to a local business. The income supports the work of the church.
The PCC continues to rent out a two-bedroom flat it owns on the sea front. During the year, the flat’s bathroom was refurbished and the rent increased.
## **Provision of pastoral care**
The church has a combination of midweek groups and a pastoral care team to support people within our church community. The church also visits and provides support to the Grosvenor House residential care home.
## **Provision of support to the poor and needy**
In October for harvest we had a large collection for the foodbank. The PCC also nominated four charities to receive our 10% tithe – Open Doors; Hastings Christian Schools Workers, PRIME International and TLG (Transforming Lives for Good). A number of other smaller grants were also given.
## **Future of the Charity**
It is the medium-term plan of the Diocese of Chichester to merge the Church with St Matthew’s Church in St Leonards on Sea to form a new benefice. This project will only begin to progress once the future of the former church of St Leonard on the seafront has been determined.
## **Financial Review**
The total receipts on general unrestricted funds were £73,455 and are detailed in the financial statements. The accounts have been prepared under Charity Commission regulations (SORP (FRS 102))
- 4 -
## **INCOME**
- In 2022 the planned giving increased by 8.6% and we are very grateful for the generosity of the congregation. A number of the congregation are no longer able to claim gift aid so the amount of Gift Aid claimed was reduced but the amount of GASDS increased.
- We had a number of donations including two very generous amounts. We also received just over £2,000 from the sale of the pews.
- We were very grateful to receive a number of grants during the year. We received £2,000 from Sussex Historic Churches Trust and £2,865 from the National Churches Trust towards the roof repairs. In response to the damage to the windows we received £690 from the Sussex Police Fund which paid for the polycarbonate protection on the office window. For the reordering of the church we received £1,000 from the Barry Coltham Memorial Fund, £3,487 from the Benefact Trust and £7.500 from the Garfield Weston Foundation. We have been promised a further £2,500 from the Beatrice Laing Trust and £5,000 from the Bernard Sunley Foundation plus another large grant from the Barry Coltham Memorial Fund. The Diocese of Chichester received funding from the Church of England to support churches with the increased fuel costs and we were very grateful for a grant of £1,125. We also received £30 towards redecoration at the rectory.
## **EXPENDITURE**
- The parish share this year remained at £34,140
- The PCC agreed to donate 10% of the planned giving to its nominated charities and the details of these donations can be found on pages 16 and 17
- We were able to complete a number of repairs to the building this year as outlined on page 15
- The contract with our utility companies expired in August 2022 and the new contracts are at a higher rate. As a result it was agreed that we would heat the church on three days per week and use the side chapel for smaller meetings with smaller heaters. We have benefitted from the government’s energy support scheme for businesses and the grant from the Diocese.
- We replaced the photocopier at the beginning of the year on a much cheaper lease and usage cost resulting in a substantial reduction in costs.
- We have paid the final instalment of the Archdeacon’s Loan for the heating.
## **Reserves Policy**
1. It is PCC policy to maintain a balance on the general unrestricted funds (excluding property) which equates to approximately two month’s worth of unrestricted payments as contingency against unforeseen situations.
2. It is PCC policy to invest fund balances not immediately required with the CBF Church of England deposit fund (Central Board of Finance).
- 5 -
## **Administrative Information**
The parish is a charity. (Registration No. 1132025).
During the year the following served as members of the Parochial Church Council (PCC):
Minister in Charge Rev Matthew Foy Wardens: Mrs Sue Anderson Mr John Lyttle
## Representatives on the Deanery Synod:
Mrs Clare Lyttle (from APCM) Mrs Sue Jenner
Elected members: Mrs Brenda Flack Mrs Nicola Browning Mr Ross Browning Mrs Janet Crawford Mr Thomas Harrison Mrs Ruth Hine (to APCM) Mrs Tina Jones Mrs Brenda Pegman (to APCM) Mrs Annette Passley (from APCM)
## **Structure, governance and management**
Membership of the PCC is determined under the Church Representation Rules and consists of certain ex-officio members (the incumbent, lay readers and assistants licensed to officiate in the church), the churchwardens, members of the deanery synod (3 Parish reps. elected for three years (from 2020) at APCM) and 9 members, a third of which are elected for a period of three years at the Annual Parochial Meeting (APCM). Members are warmly encouraged to stand for election to the PCC, and we try to ensure a balance of skills and experience where possible.
Signed by Rev Matthew Foy
Date 3[rd] April 2023
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**Independent examiner's report on the accounts**
**Report to the trustees/** ST LEONARD AND ST ETHELBURGA PCC **members of**
|**On accounts for the year**
**ended**
**Set out on pages**|31/12/2022|**Charity no**|1132025|
|---|---|---|---|
|||||
||8-18|||
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2022
**Responsibilities and basis** As the charity's trustees, you are responsible for the preparation of the accounts **of report** in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
I have completed my examination. I confirm that no material matters have come Independent examiner's to my attention in connection with the examination which gives me cause to statement believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
**Signed:** Rachel Taylor **Date:** 05/04/2023 **Name:** RACHEL TAYLOR **Relevant professional** FCA **qualification(s) or body (if any): Address:** ACUITY PROFESSIONAL PARTNERSHIP LLP UNIT 2.02, HIGH WEALD HOUSE, GLOVERS END, BEXHILL ON SEA, EAST SUSSEX. TN39 5ES
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## **ST LEONARD AND ST ETHELBURGA PAROCHIAL CHURCH COUNCIL STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31st December 2022**
**:** The financial effect of our activities during the year can be summarised as follows
|**Note**
**INCOME AND**
**ENDOWMENTS FROM:**
Donations and Legacies
**2**
Charitable activities
**2**
Other trading activities
**2**
Investments
**2**
Other receipts
**2**
**TOTAL INCOME**
**EXPENDITURE ON:**
Raising funds
**3**
Charitable activities
**3**
**TOTAL EXPENDITURE**
**NET INCOME OR (NET**
**EXPENDITURE)**
**TRANSFER BETWEEN**
**FUNDS**
**Reconciliation of funds:**
**9**
**NET MOVEMENT IN**
**FUNDS**
TOTALS B/F 1 JANUARY
2022
**TOTAL FUNDS C/F**
**31 DECEMBER 2022**|**Unrestricted**
**Funds**
£
56,127
1,588
476
13,916
1,348
73,455
(2,672)
(65,869)
(68,541)
4,914
-
4,914
142,157
**147,071**|**Restricted**
**Funds**
£
17,662
-
-
-
-
17,662
-
(13,533)
(13,533)
4,129
-
4,129
20,825
**24,954**|**TOTAL**
**2022**
£
**73,789**
**1,588**
**476**
**13,916**
**1,348**
**91,117**
**(2,672)**
**(79,402)**
**(82,074)**
**9,043**
**-**
**9,043**
**162,982**
**172,025**|**TOTAL**
**2021**
£
_50,169_
_949_
_527_
_13,504_
_4,415_|
|---|---|---|---|---|
|||||_69,564_|
|||||_(2,105)_
_(68,037)_|
|||||_(70,142)_|
|||||_(578)_
_-_|
|||||_(578)_
_163,560_|
|||||_162,982_|
- 8 -
## **ST LEONARD AND ST ETHELBURGA PAROCHIAL CHURCH COUNCIL**
## **BALANCE SHEET AT 31[ST] DECEMBER 2022**
Our financial position and summary of funds at the year end were:
|**Note**
Tangible fixed assets
**4**
**Total fixed assets**
Debtors
**5**
Short term deposits
Cash at bank and in hand
**Total Current assets**
Creditors: amounts falling due within
one year
**6**
**Net current assets or (liabilities)**
**Total net assets or (liabilities)**
**The funds of the charity:**
Restricted funds
**9**
Unrestricted funds
**9**
**Total charity funds**|£
**1,725**
**625**
**37,758**
**40,108**
**(4,715)**|**2022**
£
**136,632**
**136,632**
**35,393**
**172,025**
**24,954**
**147,071**
**172,025**|2021
£
142,673|
|---|---|---|---|
||||142,673
1,167
8,614
20,197|
||||29,978
(9,669)
20,309|
||||162,982|
||||20,825
142,157|
||||162,982|
This Financial Annual Report for the year ending 31[st] December 2022, including the notes following, was approved by the Parochial Church Council (Trustees) on 3[rd] April 2023 and signed on its behalf by:-
Janet Crawford
Revd Matthew Foy Janet Crawford (Chairman) (Honorary Treasurer)
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**ST LEONARD AND ST ETHELBURGA PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS for the year ended 31st December 2022**
## **1 ACCOUNTING POLICIES**
## **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 the applicable accounting standards and the current (2016) Statement of Recommended Practice, Accounting and Reporting by Charities (SORP (FRS102))
The financial statements have been prepared under the historical cost convention. 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 member
## **Funds accounting**
Funds held by the PCC are:
_Unrestricted funds_ - general funds which can be used for PCC ordinary purposes.
_Designated funds_ - monies set aside by the PCC out of unrestricted funds for specific purposes or projects.
_Restricted funds_ - (a) income from trusts which may be expended only on those restricted objects provided in the terms of the trust or bequest; (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 the year is carried forward as a balance on that fund.
## **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.
## **Donations and legacies**
Collections are recognised when received.
Planned giving receivable is recognised only 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.
## **Charitable Activities**
Statutory fees for weddings and funerals are recognised when the office occurs.
## **Other trading activities**
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 which the event occurs, irrespective of date of receipt. Advance bookings are included as creditors until the concert has taken please.
Rents from property are recognised in accordance with the rental agreements, when receipt is probable.
- 10 -
## **Investment income**
Dividends are accounted for when due and payable. Interest entitlements are accounted for when they
accrue.
## **All other income**
All other income is recognised in accordance with the above overall policy.
## **Expenditure**
Expenditure is recognised when there is evidence of entitlement, payment is probable, and the amount can be
measured.
## _**Grants**_
Grants and donations are accounted for when paid over, or when awarded where the award creates a binding obligation on the PCC.
## **Church activities**
The diocesan parish share is accounted for on an annual basis, reflecting the allocation set by the Deanery. Any parish contribution unpaid at 31 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.
## **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.
Moveable church furnishings held by the 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 statements. All expenditure on consecrated or beneficed buildings and individual items costing under £1,000 are written off in the year they were incurred.
## **Depreciation**
Depreciation is calculated to write down the cost of tangible fixed assets over their expected useful lives. The rates generally applicable are:
Freehold Property 2% straight line Leasehold Property Not provided for Church equipment 10% straight line Computer equipment 33.3% straight line
No depreciation is provided on leasehold property as the useful economic life of these assets exceeds 50 years and residual values 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. Provision will be made if there has been any permanent diminution in value.
## **Investments**
Investments are valued at cost at the balance sheet date
## **Current assets**
Amounts 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 uncollectible. Short-term deposits include cash held on deposit either with the CBF Church of England Funds or at the bank or building society.
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**NOTES TO THE FINANCIAL STATEMENTS (continued) for the year ended 31st December 2022**
## **2. ANALYSIS OF INCOME AND ENDOWMENTS.**
|Planned giving (excl tax refunds)
Planned giving (no tax refunds)
Loose cash collections
Gift Aid Recovered
Gift Aid Small Donations Scheme
Donations
Gift Day
Messy church
Legacies
Grants
**Donations and legacies**
Morning Stars
Fees for weddings and funerals
**Charitable activities**
Events
Refreshments
Easyfundraising
Hiring of church premises
**Other trading activities**
Bank and CBF deposit interest
Rent from letting of property
**Investments**
Photocopier
Other income: Gas refund
Other income: Insurance claim
**Other receipts**
**Total income and**
**endowments on all funds**|**Unrestricted**
**funds**
**£**
12,374
19,493
724
3,084
1,149
18,036
-
112
-
1,155
56,127
728
860
1,588
-
78
23
375
476
41
13,875
13,916
10
-
1,338
1,348
**73,455**|**Restricted**
**funds**
**£**
-
120
-
-
-
-
-
-
-
17,542
17,662
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
**17,662**|**TOTAL**
**2022**
**£**
**12,374**
**19,613**
**724**
**3,084**
**1,149**
**18,036**
**-**
**112**
**-**
**18,697**
**73,789**
**728**
**860**
**1,588**
**-**
**78**
**23**
**375**
**476**
**41**
**13,875**
**13,916**
**10**
**-**
**1,338**
**1,348**
**91,117**|**TOTAL**
2021
**£**
_13,794_
_15,656_
_572_
_3,431_
_763_
_5,169_
_4.760_
_24_
_1,000_
_5,000_|
|---|---|---|---|---|
|||||_50,169_|
|||||_411_
_538_|
|||||_949_|
|||||_318_
_-_
_44_
_165_|
|||||_527_|
|||||_4_
_13,500_|
|||||_13,504_|
|||||_5_
_(50)_
_4,460_|
|||||_4,415_|
|||||_69,564_|
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**NOTES TO THE FINANCIAL STATEMENTS (continued) for the year ended 31st December 2022**
## **3. ANALYSIS OF EXPENDITURE**
|Events
Stewardship costs
Expenditure on flat
**Cost of raising funds**
Mission and Charitable Giving (note
10/11)
Diocesan parish share
Clergy and other expenses
Church running expenses
Church maintenance and repair
(see note 8)
Hall costs
Bank charges
Upkeep of services (inc Messy
Church)
Children and Youth expenses
Administration costs
Refreshments
Church insurance
Photocopier
Governance
Church flat repairs
Depreciation of hall and equip
**Cost of charitable activities**
**Total expended on all funds**|**Unrestricted**
**funds**
£
92
71
2,509
2,672
3,513
34,140
1,985
5,305
13,204
-
86
945
-
1,114
363
2,043
400
571
1,500
700
65,869
**68,541**|**Restricted**
**funds**
£
-
-
-
-
26
-
-
-
7,652
-
-
140
360
14
-
-
-
-
-
5,341
13,533
**13,533**|**TOTAL**
**2022**
£
**92**
**71**
**2,509**
**2,672**
**3,539**
**34,140**
**1,985**
**5,305**
**20,856**
**-**
**86**
**1,085**
**360**
**1,128**
**363**
**2,043**
**400**
**571**
**1,500**
**6,041**
**79,402**
**82,074**|**TOTAL**
**2021**
£
_317_
_-_
_1,788_|
|---|---|---|---|---|
|||||_2,105_|
|||||_3,461_
_34,140_
_1,998_
_4,282_
_6,269_
_-_
_101_
_1,247_
_711_
_2,104_
_224_
_1,981_
_1,356_
_492_
_3,630_
_6,041_|
|||||_68,037_|
||||||
|||||_70,142_|
- 13 -
**NOTES TO THE FINANCIAL STATEMENTS (continued) for the year ended 31st December 2022**
## **4. TANGIBLE FIXED ASSETS**
|**Cost or**
**valuation**
At 1 January
2022
Additions
Disposals
At 31 December
2022
**Depreciation**At 1 January
2022
Provided in year
At 31 December
2022
**Net book**
**amounts**
**At 31**
**December 22**
_At 31 December_
_2021_|**Freehold**
**land and**
**buildings**
**Leasehold**
**Land and**
**Buildings**
**Church equipment**
**£**
**£**
**£**
**£**
**Church**
**Hall**
**Victoria**
**Court**
**Dishwasher**
**+ general**
**Heating**
**project**
35,000
90,331
4,745
53,406
-
-
-
-
-
-
-
-
35,000
90,331
4,745
53,406
14,700
-
4,745
21,364
700
-
-
5,341
15,400
-
4,745
26,705
**19,600**
**90,331**
**-**
**26,701**
_20,350_
_90,331_
_-_
_32,042_|**Total**
**£**
183,482
-
-|
|---|---|---|
|||183,482|
|||40,809
6,041|
|||46,850|
|||**136,632**|
|||_142,673_|
The freehold property consists of the Church Hall, the market value of which was estimated to be £35,000 by St Ethelburga’s PCC in 1997. The long leasehold buildings comprise the investment property flat at 1 Victoria Court, Marina. The historical cost of this property was £90,331. This is not depreciated on a yearly basis.
## **5. DEBTORS**
|**5. DEBTORS**|||
|---|---|---|
|Income Tax recoverable + GASDS
Prepayments and accrued income|**2022**
£
1,058
667
**1,725**|2021
£
_1,167_
_-_|
|||_1,167_|
- 14 -
**NOTES TO THE FINANCIAL STATEMENTS (continued) for the year ended 31st December 2022**
## **6. CREDITORS: amounts falling due within one year**
|**6. CREDITORS: amounts falling due within one year**|||
|---|---|---|
|Accruals for utilities and other costs
Other creditors
Deferred income (wedding fees)
Archdeacon’s loan|2022
£
150
4,060
505
-
**4,715**|2021
£
_1,832_
_3,332_
_505_
_4,000_|
|||_9,669_|
## **7. ANALYSIS OF NET ASSETS BY FUND**
|Fixed assets for church use
Current assets (except cash)
Cash at bank and on deposit
Current liabilities|Unrestricted
funds
£
134,598
1,725
15,463
(4,715)
**147,071**|Restricted
funds
£
2,034
-
22,920
-
**24,954**|Total
2022
£
**136,632**
**1,725**
**38,383**
**(4,715)**
**172,025**|Total
2021
£
_142,673_
_1,167_
_28,811_
_(9,669)_|
|---|---|---|---|---|
|||||_162,982_|
## **8. SELECTED MAJOR ITEMS OF MAINTENANCE**
|**8.**
**SELECTED MAJOR ITEMS OF MAINTENANCE**||
|---|---|
|**ITEM**|**Cost(£)**|
|Repairs to windows followingdamage|**6,406**|
|Completion of refurbishment of toilet|**450**|
|Roof repairs(majorityof cost covered byinsurance claims 21/22)|**6,876**|
|Secondaryroof repairs|**1,800**|
|Deposit on new chairs|**1,695**|
|Installation of remote thermostat andplumbingrepairs|**532**|
|Fees for reordering|**1,230**|
|||
- 15 -
**NOTES TO THE FINANCIAL STATEMENTS (continued) for the year ended 31st December 2022**
## **9. STATEMENT OF FUNDS**
|**Unrestricted and**
**designated funds**
General
Admin
Boiler depreciation
Children and youth
Events
Legacy
Mission giving
Redevelopment fund
Victoria Court (Church flat)
**Restricted funds**
Boiler depreciation
Chair fund
Children and Youth
Neighbours
St Ethelburga Development
St Ethelburga Development
(Grants)
Youth Fund
Youth Worker
**Total funds**|**Balance**
**b/fwd**
**1 Jan 22**
£
121,044
311
13,976
296
122
1,000
2
4,524
882
142,157
7,375
2,701
406
651
4,372
-
17
5,303
20,825
**162,982**|Income
£
63,082
300
-
-
-
-
-
3,398
6,675
73,455
-
-
120
-
1,690
15,852
-
-
17,662
**91,117**|Expenditure
£
(54,894)
(375)
-
(24)
-
-
(3,488)
(5,751)
(4,009)
(68,541)
(5,341)
(1,695)
(526)
-
(1,106)
(4,865)
-
-
(13,533)
**(82,074)**|Transfers
£
(3,250)
(236)
-
-
-
-
3,486
-
-
-
-
-
-
-
-
-
-
-
-
**-**|**Balance**
**c/fwd**
**31 Dec 22**
£
**125,982**
**-**
**13,976**
**272**
**122**
**1,000**
**-**
**2,171**
**3,548**|
|---|---|---|---|---|---|
||||||**147,071**|
||||||**2,034**
**1,006**
**-**
**651**
**4,956**
**10,987**
**17**
**5,303**|
||||||**24,954**|
||||||**172,025**|
## **10. OVERSEAS CHARITABLE GIVING**
|**S CHARITABLE GIVING**||
|---|---|
|PCC Tear Fund
PRIME International
Open Doors
**Total**|**2022**
£
100
1,062
1,062|
||**2,224**|
- 16 -
**NOTES TO THE FINANCIAL STATEMENTS (continued) for the year ended 31st December 2022**
## **11. HOME CHARITABLE GIVING**
|**HARITABLE GIVING**||
|---|---|
|PCC Hastings Christian Schools Workers
TLG
Open the Book
Messy Church
**Total**|**2022**
£
532
532
100
100|
||**1,264**|
The PCC also donated £50 to the Children’s Society from the Children and Youth funds. During the year there was a collection for the Macmillan Coffee morning which raised over £350. Dontions from the harvest and the Christmas services raised £179 for the Hastings Foodbank.
## **12. STAFF COSTS**
No staff costs were paid during this financial year.
## **PAYMENTS TO PCC MEMBERS**
One member of the PCC received £54 remuneration for expenses.
## **13. RELATED PARTIES AND TRANSACTIONS**
The Barry Coltham Memorial Fund (Charity Registration No 1086582) is a separate charity, a related party to this PCC. The following members of this PCC are trustees of the charity:Revd Matthew Foy; Mrs Sue Anderson and Mr John Lyttle. Mrs Janet Crawford acts as treasurer. In May 2020 the governing document was updated to include the two churchwardens from St Matthews as trustees to enable the charity to facilitate working across both churches.
During the year the charity had income of £124 and expenditure of £2,081. A grant of £1,000 was made towards the redevelopment of St Ethelburga’s Church.
- 17 -
**NOTES TO THE FINANCIAL STATEMENTS (continued) for the year ended 31st December 2022**
## **15. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES 2021**
|**INCOME AND ENDOWMENTS**
**FROM:**
Donations and Legacies
Charitable activities
Other trading activities
Investments
Other receipts
**TOTAL INCOME**
**EXPENDITURE ON:**
Raising funds
Charitable activities
**TOTAL EXPENDITURE**
**NET INCOME OR (NET**
**EXPENDITURE)**
**TRANSFER BETWEEN FUNDS**
**Reconciliation of funds:**
**NET MOVEMENT IN FUNDS**
TOTALS B/F 1 JANUARY 2021
**TOTAL FUNDS C/F**
**31 DECEMBER 2021**|**Unrestricted**
**Funds**
£
43,049
949
527
13,504
4,415
62,444
(2,105)
(59,172)
(61,277)
1,167
-
1,167
140,990
**142,157**|**Restricted**
**Funds**
£
7,120
-
-
-
-
7,120
-
(8,865)
(8,865)
(1,745)
-
(1,745)
22,570
**20,825**|**TOTAL**
**2021**
£
50,169
949
527
13,504
4,415|
|---|---|---|---|
||||69,564|
||||(2,105)
(68,037)|
||||(70,142)|
||||(578)
**-**|
||||(578)
163,560|
||||162,982|
- 18 -