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|||Contents||
|---|---|---|---|
||||Page|
|Annual<br>report||||
|Statement offinancial|activities|||
|Balance sheet||||
|Notes to the financial|statements|||
|Report ofthe independent||examiner|16|
|Charitable<br>Giving|||17|



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|During the year the following<br>served as|During the year the following<br>served as|members ofthe Parochial Church|Council:||
|---|---|---|---|---|
|Ex&gcioMembers|||||
|Incumbent|The Revd. Canon Martin JLane<br>Chairman||||
||(Rural Dean throughout|the year)|||
|Wardens|Mrs Christine<br>Smee||||
||(Warden to22<br>March 2020;PCC member from 21"October 2020)||||
||Professor Laura Ritchie||||
||Mr Dan Lambert||||
||(Warden from 21"October 2020;PCC member throughout||the year)||
|Eiecied Members|||||
||Mr Martin Catchpole|(&om 21"October 2020)|||
||Mrs Karen Goding|Archivist<br>(from 9th December|2020)||
||Mrs Saleigh Gordon||||
||Ms Suki Hall|(Deanery Synod to 21"October2020; PCC||from21st October 2020)|
||Dr David Honeyboume||||
||Mrs Joan Langhorne|Archivist<br>(to 21"October 2020)|||
||Mr Adrian Mosley||||
||Ms Anna Roebuck|(from 21e October 2020)|||
||Mr Jeremy Webb||||
||Mr Martyn White|(Deanery Synod to 21"October2020; PCC||from21st October 2020)|
|Deanery Synod Members|||||
||Dr Alan Copsey<br>Mr Lee Mandiwall<br>Mr Christopher<br>Pexton|(&om 9th December 2020<br>(to 21"October 2020)<br>(from 21"October 2020)|||
||Mr Andrew Walker|(to 21"October 2020)|||
|Co-opted Members|||||
||Mrs Carol Bishop|Honorary<br>Treasurer|||





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|||||||Total|Total|
|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Endowment|Funds|Funds|
||||Funds|Funds|Funds|2020|2019|
|||Notes|f.|||||
|Income and endowments<br>from:||||||||
|Donations<br>and legacies||2a|133,827|22,705||156,532|212,710|
|Charitable<br>activities||2b|6,506|2,508||9,014|17,967|
|Trading activities||2c|11,573|||11,573|28,306|
|Investments||2d|8,536|2,323||10,859|10,910|
|Total income|||160,442|27,536|0|187,978|269,893|
|Expenditure<br>on:||||||||
|Raising funds||3a|403|||403|3,119|
|Charitable<br>activites||3b|152,286|22,613||174,899|175,720|
|Other trading activites||3c|8,479|||8,479|16,492|
|Other||3d|2,870|2,905||5,775|149,718|
|Total expenditure|||164,038|25,518|0|189,556|345,049|
|Net income|||(3,596)|2,018||-1,578|(75,156)|
|Transfers between|funds - in||14,141|35||14,176|15,916|
|Transfers between|funds - out||(14,176)|||-14,176|(15,916)|
|Other recognised|gains|||||||
|Gains/(losses)<br>on revaluation of||||||||
|investments||Sb|5,996||3,886|9,882|22,647|
|Net movement<br>in|funds||2,365|2,053|3,886|8,304|~(52,510|
|Reconciliation offunds:||||||||
|Total funds brought|forward at|||||||
|1stJanuary 2020|||180,425|8,282|56,511|245,217|297,726|
|Total funds carried forward at||||||||
|31stDecember 2020|||182,789|10,335|60,397|253,520|245,217|





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|||||||2020|2019|
|---|---|---|---|---|---|---|---|
|||||Notes||||
|Fixed|assets|||||||
||Freehold land and||buildings|sa||I|1|
||Investments|||5b||93,205|87,207|
||Endowed<br>investments|||5b||60,397|56,510|
|Total|fixed assets|||||153,602|143,718|
|Current<br>assets||||||||
||Debtors||||357||9,019|
||Short term deposits||||91,140||98,529|
||Cash at bank||||18,311||19,365|
|||||||109,808|126,913|
|Current<br>liabilities||||||||
||Creditors: amounts||fidiing due witlmi one year|8||(9,886)|(25,413)|
|Net current assets||||||99,922|101,500|
|Total|assets less liabilities|||||253,524|245,218|
|Funds||||10||||
||Unrestricted|funds||||||
||general||||140,441||124,368|
||designated||||42,351||56,059|
|||||||182,792|180,427|
||Restricted funds|||||10,336|8,282|
||Endowment|funds||||60,397|56,511|
|Total|funds|||||253,524|245,219|





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||Analysis ofincome and|endo|wments||||||
|---|---|---|---|---|---|---|---|---|
|||||v0t|tll t d|R~ldCvt|~TF~|~T<br>F~n|
|||||F~und|||2020|2001,|
|a|Donations and legacies||||||||
||Planned<br>giving (excl tax|refunds)|||81,792||81,792|84,126|
||Planned<br>giving (no tax refunds)||||6,567||6,567|5,247|
||Collections at all services||||747|25|772|8,965|
||Collections at concerts||||401||401|2,183|
||Special appeals<br>gc specific donations|||||16,017|16,017|34,881|
||Bosham Youth Group fundraising||||||||
||Gifi Aid tax recoverable||||22,683|1,442|24,125|30,811|
||Grants||||894|5,221|6,116|24,780|
||Legacies 4 'in memoriam'|donations||||||2,300|
||General donations||||17,476||17,476|7,546|
||Donations from Church visitors||||3,266||3,266|11,872|
||||||133,827|22,705|156,532|212,711|
||Charitable<br>activites||||||||
||Bosham Youth Group activities|||||2,208|2,208|3,157|
||Parochial Fees from weddings,||funerals||6,206||6,206|10,192|
||Other income from weddings,||funerals||300|300|600|4,618|
||||||6,506|2,508|9,014|17,967|
|c|Trading acdvirtes||||||||
||Fete, concerts and events||||29||29|10,948|
||StNicholas Hall lettings||||4,918||4,918|10,363|
||Magazine<br>subscriptions||||3,335||3,335|3,331|
||Magazine<br>advertisement|income|||3,290||3,290|3,664|
||||||11,573||11,573|28,306|
||Investment<br>income||||||||
||StNicholas flat rental||||6,008||6,008|6,009|
||Interest and investment<br>income||||2,528|2,323|4,851|4,901|
||||||8,536|2,323|10,859|10,910|
||Total received on all funds||||160,442|27,536|187,978|269,894|





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|3|Analysis ofexpendit|ure||on:|||||
|---|---|---|---|---|---|---|---|---|
||||||||Total|Total|
||||||Unrestricted|Restricted|Funds|Funds|
||||||Funds|Funds|2020|2019|
|||||||||g|
|a|Raising funds||||||||
||Stewardship<br>costs||||292||292|435|
||Bookstall expenses||||49||49|1,362|
||Concerts and event expenses||||62||62|1,323|
||||||403||403|3,119|
|b|Charitable<br>activities||||||||
||Charitable<br>giving||||13,655|4,188|17,843|22,382|
||Diocesan parish share||||74,035|1,692|75,727|73,526|
||Local mission and outreach||||1,305||1,305|2,066|
||Vicarage expenses||||13,860||13,860|4,728|
||Church running<br>expenses||||6,980||6,980|5,603|
||Church maintenance||||4,882||4,882|8,538|
||Expenses ofservices||||7,777||7.777|9,545|
||Expenses ofweddings,||funeral||310|317|628|4,674|
||Church enhancements||||120|4,300|4,420|5,765|
||Church major repairs||||6,990|7,890|14,880|4,417|
||Costs ofchurchyard|and||burial ground|4,086|2,000|6,086|3,889|
||Youth work||||4,364|2,208|6,572|10,895|
||Trammg courses|||||||158|
||Clergy working<br>expenses||||2,302||2,302|3,166|
||Administrative<br>expenses||||10,893||10,893|15,392|
||Bank charges||||546|18|564|798|
||Independent<br>examination|||fee|180||180|180|
||||||152,286|22,613|174,899|175,720|
|c|Trading activttes||||||||
||StNicholas Hall running|||costs|5,311||5,311|6,410|
||StNicholas Hall maintenance||||30||30|2,088|
||Fete expenses||||20||20|2,690|
||Parish magazine||||3,118||3,118|5,303|
||||||8,479||8,479|16,492|
|d|Other||||||||
||Sacristy/boiler<br>room|project|||2,870|2,905|5,775|149,718|
||Total resources expended||||164,038|25,518|189,556|345,049|





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|ued at the y|ear end.|
|---|---|
|Reserve|Endowment|
|Funds|Fund|
|87,208|56,511|
|5,997|3,886|
|93,205|60,397|



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|Analysis ofnet assets by fund|||||||
|---|---|---|---|---|---|---|
||||||Tolgl|T~l|
||gnlesln'cted|Rggln'cted|~Endo|tag|~F|~Fnds|
||Emmy|Funds|||2020|2019|
|Freehold land and buildings|1||||1|1|
|Investments|27,802|65,403||60,397|153,601|143,718|
|Current assets<br>Current liabilities|156,920<br>(1,931|(47,112)<br>7,955|||109,808<br>9,886|126,913<br>~23.413|
||182,792|10,336||60,397|253,524|245,219|
|Debtors|||||2020|3002|
|Income tax recoverable||||||7,054|
|Prepayments|||||357|1,965|
||||||357|9,019|





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|8|Creditors: amounts|falling due within one year|2020|2019|
|---|---|---|---|---|
||||I,||
||Deferred income||5,800|2,820|
||Accrusls for utilities||455|300|
||Other creditors||3,631|22,293|
||||9,886|25,413|



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|||||||Total|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Endowment|Funds|
||||Funds|Funds|Funds|2019|
|Income and endowments||from:|||||
|Donations<br>and legacies|||145,046|67,664||212,710|
|Charitable<br>activities|||11,745|6,222||17,967|
|Trading activities|||28,306|||28,306|
|Investments|||8,612|2,298||10,910|
|Total income|||193,709|76,184||269,893|
|Expenditure<br>on:|||||||
|Raising funds|||3,119|||3,119|
|Charitable<br>activites|||154,312|21,408||175,720|
|Other trading activites|||16,492|||16,492|
|Other|||4,025|145,693||149,718|
|Total expenditure|||177,948|167,102||345,049|
|Net income|||15,761|(90,918)||(75,156)|
|Other recognised|gains||||||
|Gains/(losses)<br>on revaluation of|||||||
|investments|||13,742||8,905|22,647|
|Transfers between|funds||14,560|1,356||15,916|
||||(15,853)|(63)||(15,916)|
|Net movement<br>in|funds||28,211|(89,625|8,905|52,510|
|Reconciliation offunds:|||||||
|Total funds brought|forward|at 1st|||||
|January 2019|||152,214|97,907|47,606|297,726|
|Total funds carried forward at 31st|||||||
|December 2019|||180,425|8,282|56,511|245,217|





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||||||||Bal c/fwd|
|---|---|---|---|---|---|---|---|
||||Bal b/fwd||||31Dec|
||||I Jan 2020|Income|||2020|
|Unrestricted fimd||||||||
|General fund|||124,368|155,351|132,116|(7,162)|140,441|
|Designated funds||||||||
|Fabric fund|||14,495|3,647|(7,929)||10,214|
|Enhancement|Fund|||1,095|(120)||975|
|Vicarage fund|||6,922||(6,922)||0|
|Legacy fund|||32,642||(2,870)||29,772|
|Hospitality<br>fund|||||(116)|116|0|
|Pastoral fund|||500||(630)|500|370|
|Flower fund|||1,000|348|(310)|(17)|1,020|
|Donation fund|||500||13,025|12,525|0|
||||56,059|5,090|(31,922|13,124|42,351|
|Unrestricted &designated funds|||180,427|160,442|164,038|5,961|182,792|
|Restricted funds||||||||
|Lord Gitford's|Wreath fund||50||(25)||25|
|Fabric fund|||3,495|5,759|(2,905)||6,349|
|Sacristy/boiler|room project||2,000||||2,000|
|Organ Fund||||7,890|(7,890)|||
|Enhancement|fund|||4,700|(4,300)||400|
|Flower fund||||300|(317)|17|0|
|Legacy Fund|||2,000||(2,000)||0|
|Cole Endowment||income||1,692|(1,692)|||
|Youth activity|fund||547|2,208|(2,208)||547|
|Donation<br>fund|||190|4,123|(4,181)|18|150|
|Mary Rochford Wade Trust||||865|||865|
||||8,282|27,536|25,518|36|10,336|
|Endowment funds||||||||
|Cole Endowment||fund|56,511|||3,886|60,397|
|Totalfunds|||245,219|187,978|189,556)|9,883|253,524|



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||2019|||||||2020||
|---|---|---|---|---|---|---|---|---|---|
|Restricted|~Secial|Mission &|||||Mission &|~Secial|Restricted|
|Donations|Collections|Outreach|||||Outreach|Collections|Donations|
||||CHURCH OVERSEAS MISSION|||||||
|||1,000|Release||||500|||
||||OVERSEAS RELIEFAND DEVELOPMENT|||||||
|||250|Christian Engineers|in Development||||||
|||1,000|FRRME||||500|||
|4,566||2,000|Friends ofChildren|in Romania|||2000||3045.58|
|||500|BEATS||||500|||
|||500|Samara's Aid Appeal||||500|||
|||500|DATUM||||500|||
||231||Christian<br>Aid||||250|||
|||250|Send aCow||||200|||
||||Disasters Emergency|Committee|(Coronavirus|||||
|||250|appeal)||||500|||
||500||Embrace the Middle|East (Christmas||Charity)||||
||||HOME MISSION|||||||
|||500|The Life Centre||||500|||
|||500|Church Urban Fund||||250|||
|||250|Sussex Historic Churches Trust||||250|||
||550||Chi Dioc Assn for Family Support (Christmas)||||500|150||
|||450|The College ofStBanabas|||||||
|||1,000|Chichester Diocese||||2000|||
|||500|The Valley Parish (Westboume||Deanery)|||||
||162||Mission to Seafarers|(Laying up|Boats service)||250|||





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||2019|2019|||||||2020||
|---|---|---|---|---|---|---|---|---|---|---|
|Restricted|~Secial||Mission tk|||||Mission &|~Secial|Restricted|
|Donations|Collections||Outreach|||||Outreach|Collections|Donations|
||||||SECULAR CHARITIES||||||
|||||920|Bosham Monday Club (Minibus)|||920|||
|||||50|Sussex Bellringers<br>Association|||50|||
|||||250|Bishop Luffa School||||||
|||||230|Chidham<br>School|||105|||
|||374|||Chichester District Foodbank||||475||
|||||350|BVIE||||||
|||||900|Sage House - Dementia Support|||250|||
|||1,000||400|Stonepillow|||1000|300||
|||||250|Sussex Snowdrop Trust|||250|||
|||||900|St Wilfred's Hospice|||500|||
|||||500|Pastoral donations|||630.23|||
|||550|||Children's<br>Society (Christmas|Charity)||500|150||
|25||724|||Royal British Legion (Poppy|Appeal|2k wreath)|250|38|25|
|4,591||4,091||14,200|TOTALS|||13,655|1,118|3,071|
|||||22,882|OVERALL TOTAL|||17,843|||
|During 'lockdown'||in 2020|Special Collections comprised<br>donations|||made electronically||in response|to appeals in|the|
|Pew Leaflet|or on-line worshi|||on the|relevant<br>Sunday||||||