THE CHURCH OF ENGLAND HORSHAM TEAM MINISTRY THE PAROCHIALCHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HORSHAM DIOCESE OF CHICHESTER ANNUAL REPORT for the year ended 31st December 2022 LEGALANDADMINISYRATIVE INFORMATION Charity Registration Number.. 1132246 Addfess: The Church Cenrre, Causeway, Horsham, West Sussex. RH12 IHE Team Rector.. The Reverend Canon Lisa Barnert Bankers: National Westminster Bank plc. 47 Carfax, Horsham. West Sussex. RH12 IYZ Independent Examiner.. Sarah McManu5 FCA. Galloways Accounting. First Floor. Ridgeland House. 15 Carlax. Horsham, West Sussex. RH12 IOY Investment Managers: CCiA Investment Management Limited. One Angel Lane, london, EC4R 3A8 THE CHURCH -j OF ENGLAND TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 HORSHAMTEPMMIM15TRY Contents Trustees, Report 1-16 Independent Examiner's Report 17 Statement of Financial Activities 18 Balance Sheet 19 Cashflow Statement 20 Notes to the Financial Statements 21-34 THE CHURCH .J OF ENGLAND TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEM8ER 2021 trW)RSHAAITEIM MINL¥IAY The trustees present their report along wtth the financial statemenls for the charity for the year ended 31 December 2022. The Financial statements have been prepared based on the accounting poliC￿S set out in Nole I lo the financial statements and comply with the Church Accounting Regulations 2006 and with the Charities SORP 2019 IFRS1021. Our aims and purposes as a charity The purpose of the charity is to make arrangements for the communal worship of God and to do what it can towards the furtherance of His Kingdom on earth. The Horsham PCC aims to interpret -promoting in the parish the whole mission of the Church- by enabling the people of Horsham to discover faith and to live it out in the Community. We believe that this is the means by which we can and do benefit the public. We provide opportvnilies for worship and prayer. give pastoral care to all who need il, and share our faith with others. Each of the churches arranges acts of communal worship, and church services take place in the parish not only on Sundays but on every day of the week. The parish is responsible for a Pre- School, employs a full-time Youth Worker. a part-time Children's worker and has a team of pastoral visitors which provid&support for many who are not church goers. There are numerous house groups and study groups. Contributions from the pari5h'5 income are given to a wide range of activities, both over5ea5 and at horne. Achievements and Performance The Parish 2022 began with sending Revd David Bouskill off to a new ministry in Ringmer. with Eratitude for all that he'd Eiven to Holy Trinity and the wider parish. The year was also marked by our much-loved administrator, Laura Fletcher, needing to take several months off for significant surgery. Some of our activities needed to be scaled back with just one stipendiary clergy person in the team. and without our administrator. but many people took on extra responsibilities in order to maintain our church life. We were hugely grateful for ihe ongoing support of our am32inE retired clergy team, logether with the readers and wardens who shouldered a lot of extra re5pon5ibility during these difficult months. We worked quickly to put together a profile for David's successor, who would Share responsibility foi Holy Trinity170%1 and St Leonard's130%1. From a strong field, we were delighted to appoint Revd Sam Maginnis to this post. and Sam was licensed al the end of October. We also decided to appoint a second administrator. to provide further resilience withrn our team, and in Septernber we welcomed Sarah Kirby. to work alongside Laura in the admini5tratwe work of the parish. We have continued to look for ways to collaborate more closely across our three churches. We particularly worked tOEether through Holy Week and Easter. ensuring that we were offering diffeienl things at different times. and for the first time advertise(J these on a joint flyer. Our Home Groups are now co-ordinated by Linda Emery on behalf of the whole parish. and several of these @roups involve members from different churches. THE CHURCH OF ENGLAND TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 HORSHAMTEAhl MINISTRY St. Mary's 2022 after the pandemic restrictions were lifted saw nomiality withirh church services returning and attendances were soon reaching pre-pandemic figures. We have many volunteer5 taking on a multitude of different roles, they @ive their time and talents 50 willingty and we are so thankful for their tirne and dedication to help run the church so smoothlv. When Russia invaded Ukraine in February 2022, we res￿nded swrfily with prayerful action. Several parishioners opened their homes to Ukrainians looking for safety. and 65 shoe boxes were filled with welcome gifts and delivered to host families across Horsham and received with overwhelming gratitude. Liaising wtth Hor5hèm Refugee Support Group. we agreed to offer English classes to the Ukrainian arrivals, and these continue now, offering an Initial place of welcome and community to Ukrainian arrtvals in the area. The Ukrainian Team from West Sussex County Council also allend these classes. which provide a useful opportunÉty for Ukrainians to access support ènd advice. Sussex coache.s &1 We have always been blessed with outstanding rnusic and choir at St. Mary's and now at the All Age Service we are privileged to hear the jtsnior choir sing well known hymns and songs. 20+ children aged between 6 and 11 perform each monih, arhd several of them have also become chorister5 in the main choir. lust before Easter we were treated to a performance of Joseph- not just an ama2ing dreamcoat but an outstanding performance. In May, 30 ofour young people attended the Diocesan May Camp in Plumpton. and a month later they shared their experienies ai our All-Age service. Some of our leenagers have become servers and started helping with the Sunday morning technology. We continue to look for ways to involve our young people in the life and worship of our church. The ever popular Flower Fe51ival in June celebrated 70 Glorious Years of Her Majesty Queen Elizabeth. Each day saw many visitors coming lo look ai ihe colourful displays and enjoy refreshments in the Causeway Cafe. The Mothers, Union held a service in Si. Mary's to comrrhission Diocesan Trustees for the next triennial 2022 to 2024. Thi5 was led by Bishop Will and attended by over 200 people from Mothers, Union across the county. On September 8, Ihe news of the Queen's death shook us all. Within a few hours we had prepared Holy Trinity Chapel to be open for people to come and pay their respects, sign the memorial book, and leave flowers in the churchyard. Several special services were held to allow local re5idenlS to give thanks for the life and service of our dedicated Queen. including orhe which we offered on behalf of Horsham Council. The church was full to capacity with local councillors. our MP Jeremy Quin. and local people from the town. THE CHURCH J OF ENGLAND TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 H￿S￿A￿TEAmM1NISTAy For the first time in three years, in November we were able to hold an All Sou15' service in the shape of a Eucharist. Invitations to those who had been bereaved during Covid and since were invited and given the opportunity to light candles in the memory of their loved one. as the names of the dearly departed were read out. We have a near neighbour with Age UK and in the autumn we met with their team to consider how we could partner with them. We were asked if the church family could fill bags with Christmas go(Idies to be delivered by Age UK volunteers. to those living on their own at Christmas. The congregation filled sixty of these bags. -Dear English Friend. We wish you and your family a very Merry Christmas and a prosperous New Yearl We ale very hutnbled and touched by the kindness and continued 5UPPOrt that you have been besrowing upon us. We want to Say our heartfelt'thank you. to everyone at St Mary'5 loryour h05Plt31ity and generosity and unconditiofial love that you have shown us. With love from all rhe Ukrainian Students al St Marf5 Barn- Keen to respond to the cost-of-livinB crisi5, irTr Odober we reached out to Horsham Matters. and agreed to become a Foodbank venue and warm space on a Thursday morning. The warm space didn't generate much interest, but the foodbank has been greatly appreciated, and a new team of volunleers have taken on this important ministry which is continuing into the 2023. The All-Age Service in December was our Chri51ingle. 250 Christingles were made and given to children and adults at the service. Leading up to Christmas we welcomed several local Schools to hold their Carol Services, again ihe first time since Covid. Lots of enthusiastic children singing their hearts out performing to their parents and grandparents. The two Children's Seryices were held on Christmas Eve. and it Was wonderful to welcome 1,000 people across the two services. Together with the ever-popular carol services, Midnight Mass and Christmas Day services, we definitely felt a return to a pre-pandemic mood of offering a significant welcome to many visitor5 acr055 our Christmas services. "Beautiftsl historic Church. Very friendly staff and very knowledgeable- ank you, St. Mèry's, for the welcome received here- ~A beautiful pla￿ to spend with YOUT thoughts- THE CHURCH -J OF ENGLAND TRVSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 HoR￿A￿lTEAm MIN￿lAy St Leonard's The start of 2022 marked the departure of Rev'd David Bouskill a5 Team Vicar. During the interregnum sacramental care was provided by the Team Redor. together with Alan Mayer. and Pal and Bernard Sinton- while the St Leonard's church committee continued io promote use of the church and hall and community life for our parishioners. In August it was announced that Rev'd Sam Maginnis had been appointed as the new Team Vicar with responsibility for Holy Trinity and Sl Leonard's Churches. Sam wa5 officially welcomed to the parish and licensed by the Bishop of Chichester at a service held at Holy Trinity Church on 28 October. He preached for the ftrst time in the parish on All Saints Sunday, 30 October, at a combined Team Eucharist at St Mary's and presided at ihe Sunday Eucharist at St Leonard's for the first time on 6 November. Sam has been grateful for the support and encouragement he has received from the church committee and wider congregation as he coniinues to settle into his new role. Our monthly Sunday services continued throughout the year. with a fairly consistent attendance in the mid- 20s. The monthly Mothers. Union Wedrhesday Eucharist continues to be valued. not only by members but also by a few people in our congregation who altend.. and a second Wednesday morning Eucharist ha5 Started taking place ai St Leonard's as part of the new monthly pattern across the parish. Many of St Leonard's congregation have found new homes al St Mary's or Holy Trinity thurch and a few rely on the live-streamed services when there is no service at St Leonard's. Margaret Symond5 helped lead the Parish Lent course and several members of our congregation participated. The church was open for private prayer and refleclion on Good Friday and 13 people attended. Easter Sunday saw the usual 20 or 50 attendees, as did Pentecost and HaNest. Christmas Day wa5 disappointin& with onlv 14 at the seNice. but our afternoon Carol Celebration Iwith sifver bandl attr3Cted 40 people. Our Monday morning lona Morning Prayer continues to flourish on Zoom and it is lovely lo see those who join us from outside Horsham. We continue to take 3 monthly Communion to Glen Arun Care Home, and Aspen Place has also resumed its monthly service. The number of people requiring Home Communion is beginning to rise as members of our congregation grow older and MO￿ unable to attend church services. Our small Home Group continues to meet twice a month and we h8ve two members who don't normallv attend St Leonard's so there is ihe polential for it to become a whole parish group if more people are interested. There is certainty space for them. Sadly, our monthly coffee morning numbers dwindled but we are atlempting lo relaunch this as a community event linked into our 2 Wednesday morning Eucharist. Margaret Symonds was involved in the diocesan Church Growth project, the results of which it is hoped will be reflected in our Mission Artion Plan IMAP) in 2023. She also plays a part in preaching and leading services at Holy Trinity and St Mary's. as well as taking funerals when required. We have continued to support our major charities. BEATS and Family SLSPPOrt Work. The former saw a tea- party and update in December, when members of Sl Leonard's had ihe opportunity to meet one of our sponsored youngsters. now on a year's visa to the UK and working in a Free Church in Portsmouth. Several people walked for FSW on Easter Monday. raising £370. and at Harves1 we supported the Foodbank with goods and money. THE CHURCH -] OF ENGLAND TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEM8ER 2022 HORSHAk4TWMlN￿y We were sorry to lose Rosemary Hensor. our organist and Deputy Warden. in November. She had attended St Leonard's and played our orgarTr for us since 1986. one of the longest serving members of the congregation. We wish her a long an(1 happy relirement in Yorkshire where she is near familv. A major problem at St Leonard's turrently is the latk of volunteers. There are about half a dozen people who keep u5 going but it is becomFng increasingly difficult to try to hold any events when so few people are willing or able to help and very few even attend. We are extremely grateful io those few, especially Ray, our Hall Manager and Treasurer, and those others in the Parish who help us with buildings, music and so on. Now that Sam is here we hope ihat we can continue to build relatK)ns between Holy Trinity and St Leonard's through worship and social events. While we remain hopeful for the fvture we a150 recogni5e the urgent need for at least one Deputy Warden for St Leonard's (two if possible. so that Margaret can concentrate on Lay M Ini5try rnattersl. more members for the Church Committee and PCC and more people generally willing to lend a hand when necessary. .LEONARD'S THE CHURCH J OF ENGLAND TRUSTEES REPORT FOR THE YEAR ENDED 310ECEMBER 2022 ORSHAMTEAMMINISTAY Holy Trinity The start of 2022 marked the departure of Re¢d David Bouskill as Team Vicar after 13 years at Holy Trinity. During the interregnum sacramental care was provided by the Team Rector. together with Alan Mayer, and Pat and Bernard Sinton- while the Holy Trinty wardens. church comrnittee, pastoral team and other church groups continued to promote an aCt￿e and supportive community life for our parishioners. Irh August it was announced thai Rev'd 5am Maginnis had been appointed as the new Team Vicar with responsibility for Holy Trinity alld St Leonard's Churches and ihat he would be moving into Trinity House in early October to be licensed to the parish at the end of that month. The church commiltee organised the redecoration works at Trinity House over the summer, the c05t shared proportionately between Holy Trinity and St Leonard's. On 28 October 2022 Sam was officialty welcomed to the parish and licensed by the Bishop of Chichesler al a service held in Holy Trinity. He preached for the first time in the parish on All Saints Sunday. 30 October, at a combined Team Eucharist at St Mary's and presided at the Sunday Eucharist at Holy Trinity for the first time on Remembrance Sunday, 13 November. Sam has felt very encouraged by the support he has received from the church commitlee at Holy Trirhity, and by their commitment to community outreach and mission, as he continues to settle into his new role. Part of Sam's remit is to help forge a common iderhtity between the congregations at Holy Trinity and St Leonard's. and while his first few months have been focussed on gelting to know the two cornmunitie% in their current state he ha5 a150 started to encourage joint attendance at each church's special services and other events, and one Saturday mornin@ in February the Holy Trinity safeguarding lead, Clare Schofield, organi5ed Safeguarding group training which was attended by volunteers from both churches with enthusiastic engagement from all involved. We will continue in the year ahead to develop relations with St Leonard's and try to 5h3pe b cornmon vision for comfflunity and mission across our joint catchment. We continue with the pattern of Sunday services in place before Sam was licensed, with two band-led lone non-Eucharisticl and two choral services in the 10am slot. plus an 8am Eucharist on the I, and 3, Sundays of the month_ Since his arrwal Sam has designated ihe 3, Sunday 10am Euiharist as an All-AÉe service with worship songs led by the band and an accessible liturgy. We also continue our regular Come-and-sing Evensong on the 2 Sunday ol ihe month. and our evening Eucharist with Healing Ministries whenever there is a S" Sunday.. both of these services attcact a steady number of worshippers. During Covid restrictions a team of congregalion rnembers began recording a Service of Sunday Compline and this continues to be 51reamed regularly on the church YouTube page. In our worship we have been well supported by a small but committed team of servers - plus those who run the church live stream each week- but we have recentlv begun a recruitment drive for new volunteers to ensure we can continue to hold the number and variety of services that are characteristic of woiship at Holy Trinity. as well as being an opportunity to become more involved in ihe life of the church_ Sam has started leading Morning Prayer from the Book of Common Prayer in church. and this take5 place Monday-Thu¥sday and on Saturday mornings attracting 3-5 regular worshippers. Holy Trinity is open for private prayer through the week between 8.30am and 5pm19am till 4pm Saturdayl. During Advenl we had a weekly Wednesday morning Eucharist at Holy Trinity." we now have one every 4, land S I Wednesday of the month as part of the new pattern of midweek worship across ihe parish. The Trinity Playgroup continues to hire the church hall throughout the week and 15 now under new management, julie Spratt and Nicola Ramsay having taken over in September. They had their first OFSTED inspection in January which confirmed Julie and Nicola's licence to run the group. In December we welcomed the children and their parents into church for their Nativity play and we were blessed with a repeat performance for the congregation ihe following Sunday at our All-Age Eucharisl. Sam has spoken to Julie and THE CHURCH J OF ENGLAND TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 R5HAk4TEAM A41NISTRY Nicola about rnore collaborations between the church and the playgroup and has enjoyed getting to know the parents while they drop off or collect their children outside the church hall. We also welcomed Trafalgar Infanl School Year 2s and their pafents into church in December for their Christmas Carol concerts. and Sam rs meeting with the school Principal in the next few weeks to discuss regular visits and involvement in the life of the school. Sam recently compered a bingo fundraiser evening for the Trafalgar PTA where he was warmly received by the parents (even as a strict a55essor of bingo cardsl. Other regular hall hires include the West End Theatre Academy, the Horsham Pleasure Singers and the Trinitv Ladies Group. Our Trinity Tots toddler group continues to run on Thursday afternoons and the Trinrty Crafty Club meets in the back of church on the 3, Thursday of the month, while the Holy Trinity Gardening Club is getting ready to restart regular aclivities in the spring. These groups reflect how our church and hall are an important community asset alongside a place of worship, providing a range of opportunities for creative expression and friendship for our neighbours, and provide a slrong base for our community oulre3ch going forward. We also organise regular Messy Church events in the church and hall during the school holidays which attract local families, and which engage volunteers from outside our regular congiegation- again, this reflects the existing energy for outreach and mission and the potential for some exciting development in this area. Trir)ity Church Players are another long-standing community group who regularly contrrbute to the life of the church and raise 518nificant money for Holy Trinity and local charities. In December they held a carol-singing event jointly with Trafalgar Road Baptist Church which raised nearly £3QKI for Action Medical Research for Children- while their annual pantomime held in the hall at ihe end of january raised £3,000 split joint between the church and the sTrngle parent support charity Gingerbread. This Christmas saw our second firepit carol evenl on the church green since Covid restrictions had been sufficiently eased, but our first yeor with a silver band! We attrarted a great rbumber of local families for carol singing, hotdogs and refreshments, and raised over £500 for the local homeless charity Turning Tides. It wès wonderful to welcome many of those families back for our two Crib Services in church on Christmas Eve. with total attendance of around 180 children and adults. As to pastoral care, the Holy Trinity pastoral team continue to keep regulaf contact with parishioners on our care list and there are a number of infiim or shielding parishioners who receive communion from our team of horne communion ministers. We also make regular visits into the local care homes to lead either a dementia-friendly setvice or a short service of communion from the reserved sacrament. Sam intends to work these visits into his pattern of pastoral visiting to celebrate a full Eucharist with these individuals and groups on occasion. Our 10am Sunday service5 are normally livestreamed on the Holy Trinity YouTube page and thi5 ha5 proven an important way of maintaining contact with some of our church family even after Covid iestrictions were lifted. We a150 distribute our weekly notice sheel electronically via Church Suite- with some hard copies being hand delivered- to ensure those who are unable to come to church regularly are still up to date with our activities. Indeed, Church Suite is an important tool for communication not only with our regular worshippers but with our wider circle of conlacts. though more thought need5 to be given in the next vear to Holy Trinity's communication5 and marketing strategy including an overhaul of the church website. THE CHURCH J OF ENGLAND TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 HORSHAMTEAM MIN15TAY St Mary's Pre-school 2022 was a very busy year with trainin8 and new projects and also reintroducing some of the positive thing5 we had needed to stop because of COVID. By ihe end of ihe summer term 2022. we had 47 children cared for by 13 staff. 22 of these childien went on to 8 different local schools in September. The number of children for the Autumn Term was again low with 36 as at 31" December 2022. We are now up to 44 children and with existing children taking on more sessions, most of our sessions are now full or almost fLtII. As a result of these large fluctuations in take up across the year. we have decided to offer fewer sessions in the Autumn term in 2023 lat least until most of the initi31 sessions are full) and offer exlra sessions in january and April as more children become entitled to funding. We hope this will limit the effect these fluctuations have on our finances. Two staff members completed the Early Years Teacher Status training in July. One of these is now working at Collyer's but has remained with us as our SENCO in the short term. The other one has been able to lake on more responsibility in the setting as a result of her qualification. The course was packed wilh knowledge and ideas which are gradually being shared wrth all siaff and implemented for the pre-school. Staff are feeling more confidenl in their knowledge of child development as a result of the Area Improvement Board project. Again, there ale further ideas from this which will be implemented over the next couple of years. Challenges are the low levels of funding and the long waiting lists for additional support for children with additional rTreeds such as speech and language therapy. Keep doing all your amèzing work! St Marfs really is a wonderful nursery selting thanks to all the great staff. We had a fun Nativity Service in Church at Christmas and at this and the two Christmas social events. it seemed as if there was more of a 'communily feel, returning to pre-school. We have changed our mid-term services to be a joint one with the reception class from St. Mary's where the children get to find out more about the church and what it is all about in an informal way. The first of ihese in the Autumn term was very successful. Thoughtful staff who genuinely care, and who make every effort to build rapport and relationship with eoch child land parents tool io THE CHURCH J OF ENGLAND TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 HORSHAMTEAPA MINMRY Youth and Children's Work In 2022 we have been able to slowly grow with our volunteers and start lo rebuild our youth work. We have had our first camps and retreats since 2019 and been able to engage this ye3r more than we have previous￿. 2022 has been a Ereat foundation for us to contbnue to grow our youih and childrerh's work. We have continued to run our youth club while having some support from young leaders who are volunteering for DofE (Duke of Edinburgh) We have continued to grow a core group of young people who h6ve enjoyed allending week in and week out_ Thi5 year we finished our first ever DofE Bfonze group. Ooing DofE allows us to build rapport while walking and teaching them. It's a huge bonus that we can offer such a great service to our young people. We also started a Girls group foryear 9+. We have a lot ofthem Sp￿ad around Churches and different groups. So we put together girls group to help link them all instead of them having no idea who each other are. We hève gone for pudding as Kaspa5, rollerblading and Christmas shopping. We have had between 6 - 12 girls attend the sessions. The girls that atlend do enjoy it and we have seen friends be invited along. We have started a lunchtime club at Millars secondary school and we see 10- 15 young people come and join us. We have started and finished a youth Alpha course which saw 14 young people finish the Bible Course Both have helped educète young people about Jesus and God's plan. We also took a group away to Lodge Hill activity centre to finish our youth alpha course. Linda Baker was recruited to the new p05t of Families and Children's worker at St Mary's in December 2021. She oversees a variety of activities undertaken in the Parish including Sunday Club at the morning service, the monthly Sunday afternoon family and children's service. The Open Book team continue to undertake assemblies and activities at local primary schools, including St Mary's Church of England Primary School. "My daii8hte¥ wa5 ravingatxiut your RE le550n today, sh2 531d you rnake it far more fun and tnernorablel 11 h@IppO me lead on talking about what she want5 to do now regarijing church as i)day school wasn't ever really her thjng. l rnent￿ned Cafe Connect or TGIS which She is keen to do $0 will see il any of her fnends ale inierested. -cafe connert- 0￿e a rnonth. we rr￿￿t at hotytrinityarbd have a nice balante of fvn, games and eliwon. it is Very incluswe io ￿eryO￿. those who are aThJ aren'i rehEIOUS.- Energy use and carbon footprint In 2021 the PCC endorsed the General 5ynod'5 aim to achieve nel zero carbon emissions by 2030. Over the latter part of 2021 we have seen increasing energy prices and thal trend is likely to continue. We are therefore monitoring our energy consumption with increasing vigour. Heating sy51em conlrols are set by our team and we rely on all those using the buildings to adopt the maxim.. 'leave controls as you find therN' our collective mission is to enable the increased use of the stewarde(J environment in our buildings post- pandemic. li THE CHURCH ? OF ENGLAND TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 HOR5HAMTEAhl MINISTRY Through better. more mindful use of envirot)mental controls and investment in more efficient heating and lighting systems, our aim is to reduce our carbon footprint to well below 2019 levels whilst increasing the level of use of our buildings, now that we are emerging from the effects of the p3ndemic. Risk Management In such a complex and diverse parish. the management of risk is equalty complex. The trustees recognise this and we now have in place officers to oversee the key areas of our Parish responsibilities. These officers regularly report back at PCC meetings. We also have a programme to regularly review our parish wide policies. The major risks identified by the trustees and the processes in place to manage them are set out below.. Safeguarding Each church has been working through the Diocesan Simple Quality Protects Safeguarding tool, by which we need to monitor and quality assure our tompliance and effectiveness in saleguarding. Each church has its own Safeguardina and Pastoral team. The Parish Safeguarding Officer ILinda Goodwin) has been diligenl in ensuringthat all the churches follow ihe same policy and use the same up to date documents. Financial risk The Parish Treasurer IGreg Andrews) works with the individual church treasurer5, the bookkeepers and the independent examiner to ensure that the finances are managed Securely. Appropriate policies are in place in relation to financial controls, resetves and investments and for cash handling. The PCC examines the budget with greal care in the knowledge that appropriate reseNes must be retained, but money mtjst be spent to allow the mission ol the churches to flourish and the churches, buildings to be kept in good condition. Quarterly reports of income and expenditure against budget are reviewed by the PCC. The PCC is always seeking opportunities to raise revenue. Stewardship campaigns are planned in each church, usually in alternate years. whereby the church members are kept well informed of the need to support their church financiallv. Health and safety Each church has a health and safety officer who takes the lead in ensuring that activities in their church comply with the parish health and sofeiy policy. Risk assessments are made for both routine and one-off activities to ensure that participants can take part safely. The PCC specifically approves off-site activitie5 $0 Ihat they can be covered by insurance. Risk to assets The churches and other buildings a￿ properly secured by lock and key whenever not in use and the location ol the keys is recorded. St Mary's and Holy Trinity are able to keep their church buildings open to visilors for several hours each day partly due to the thanks of a dedicated service of a group of volunteer church welcomers. Appropriate insurance policies with Trinitas are kept in place. Managerial risk The major offices in the parish. which are the chuichwardens, the PCC Treasurer, PCC Secretary and the Safeguarding officer are all filled and are mirrored by Similar officers in each church. The parish by custom has three churchwardens. We recognise the importance ol succession planning and routinely encourage suitable members of the congregation to offer their services in these, and other. important ways. A skilled administrator is employed in St Marys Church office. The administrator deals with both St Mary's and some wider parish activities and is assi51ed by a number of experienced volunteers. Reputational risk The leadership team of the whole parish and the leadership teams of the individual churches work well together. The churches are mutually sUPPOrtNe and the PCC is kept aware of all major developments in each church. The clergy and church members have good links with other churches in the town and with Horsham District Council. 12 THE CHURCH .) OF ENGLAND TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 HORSHAMTE*M MINLSThY Reserves Policy The PCC'S policy is to hold three months of average operating expenditure as reseryes to ensure continued financial security and to provide for contingencies. Other rese￿eS may be held for planned capital and other projects and a150 to meel the cost of future building repairs. Plans for Future Periods Looking fotward into 2023 we are seeking to corhtirhue to become a more Eco-Friendly Parish through a range of initiatives. Now the Revd Sam Maginnis is in post as Team Vicar, working with Revd Lrsa Barnett as Team Rector, we are working on a new Missiorh Aclion Plan across the parish. There is a particulai focus on finding ways fDr the congregations of St Leonard's and Holy Trinity to work together more closety, under Sam's leadership. St Ma￿$ hopes to complete ihe South Aisle project in 2023. removing pews. levelling the floor. and installing a kitchenette in the back corner. Having Successful￿ renovated their doors. St Leonard's are now looking at acoustic improvements. There is one significant item of maintenance upcomFng at Hoty Trinity.. the replacement of the lead vestry roof which has started to leak over the past year. The church committee and PCC have agreed a quote for replacement of the lead with mastic asphalt. and subject to granting of a faculty this work will be completed during 2023, funded from the Fabric Fund. Financial Review The Parish financial outturn was encouraging. Stewardship gtving grew across the Parish and with lifting of most COVSD related restrictions, our hall and church leiting income recovered to pre-covid levels. We were delighted to receive a £50,000 legacy for Sl Marfs which will be used to improve oui use of the space in the South Aisle of the Church. In May 2022 the Charity Commission approved the transfer funds associated with the Padwick Parish Hall Fund. registered charity number 208511. to the PCC and the former charity was removed f¥om the register of charities. The Funds consisled of endowment funds of £36.984 and restricted funds of £10,600. The funds are to be used for the upkeep and repair of Church Halls and rooms in the Parish, in line with the purpose of the original charity. During the year we received a welcome commitment of funding from West Sussex County Council for the provision of English classes to the local Ukrainian refugee families. Income from unrestricted funds for the year amounted 10 £403,641 12021 - £366,730) with the largest amount being received from planned giving at £190.15512021 - £187.2991. Expenditure from unrestricted funds was £415,491 12021 £339.5891 with the largest item spend being the diocesan parish share at £157,782 12021 £142,564). The net increase in unrestricted funds (after the transfer of £35,993 restricted donations for salary and other costs incurred by the general fund and fixed asset5 funded from restricted donations) was £24,143. 12021 £50.51X)l. Nel of unrealised losses on investments of £3,71612021 £3.951 gain) the total increase in unrestricted funds was £20.42712021- £54,459). 13 THE CHURCH -J OF ENGLAND TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 HORSHAMTENN MIN￿Ry At its meeting on IS March 2023 the PCC agreed to transfer £5.0(MJ of our general funds surplus for the year lo the St Mary's and Holy Trinity Designated Fabric Funds1£2.500 each) for specific upcoming projects. The balance of unrestricted funds at 31st December 2022 amounted to £282,450 which includes £177,690 designated for use on the fabric of the churches. future projects and mission. The general unrestricted free reserves total is £109.760 which 15 in line wtth the reserve policy requirement of three months operating expenditure. Structure, Governance and Management The Parochi31 Church Council IPCCI is registered with the Charity Commission a5 required by the Charities Act 2011. The charity is governed by the following documents: The Parochial Church Councils (Power51 Measure 1956 and the Church Representation Rules (contained in Schedule 3 to the Synodical Government Measure 1969 as amended). During the year the following served as members of the Parochial Church Council- Ithe names of those who ceased to be u trustee during the yeor ore itolAC5) The Revd Canon Lisa Barnett (Chairman) The Revd Dovid Bouskill to 31"Jonuory2022 The Revd Sam Maginnis from 28, October 2022 Greg Andrews IPCC Treasurer) Val Burgess Joon Denne to 19" May 2022 Peter Fruin Ichurchwardenl Morag Davies Ichurchwardenl Linda Goodwin Cath Hatton Ichurchwardenl Ray Hambling Sue Lismer to 19, May 2022 Paul Goodwin Emmanuel Holden Alistaii Inglis-Taylor Brenda Large Nick O'Riordan Richard Pearson Keith Rayner Nigel Stalley IPCC Secretary1 Margaret Symonds Robert Whittaker Sue Liplrot Sue Keegan from 19" May 2022 Organisational Structure The Parish of Horsham is comprised of three churches. the Parish Church of St Mary the Virgin, Holy Trinity Church and St Leonard's Church. Each of the churches is represented on ihe Parochial Church Council. A5 of 31" December 2022, there were 19 serving members. The Churchwarden5, who are officer5 of the bishop, are the senior members of the laity within the Parish. Traditionally Horsham Parish has elected three churchwardens ai ihe Annual Parish meeling. Appointment of the Trustees The patrons of the parish are the Archbishop of Canterbury. the Bishop of Chichester and the Bishop of Horsham. They appoint the Vicar of Horsham. subject lo the approval of two elected parish representatives. and the Vicar is also ex officio Team Reclor of the parish. Chairman of the PCC and Chairman of the Trustees. The team vicars and curates are appointed by the Team Rector. All clergy are ex-officio members of the PCC. The13y members are eleded at the Annual Parish Meeting IAPMI and the Annual Parochial Church Meeting IAPCMI each year. In 2022 the Horsham Parish APM arnd APCM were held on 19" May 2022. The PCC decided thal the 15 elected lay members and the 8 Deanery synod members should be divided between the churches as shown below. 14 THE CHURCH J OF ENGLAND TRUSTEES REPORT FOR THE YEAR ENDED 310ECEMBER 2022 HORSPW TEW Al1N￿TRy Office and Years left to serve lex officio in itolicsj Churchwordens to 2023. elected by the APM Lay members elected by the APCM PCC to 2023 St. Marfs HdyTrinity St. Leonard's Peter Fruin.Morog D(7vies.Coth Hotton PCC 7115 PCC 4115 PCC 4115 11 Richard Pearson 21 Paul Goodwin 31 Gre@ Andrews 41 Linda Goodwin 51 Sue Keegan 61 Alistair Inglis-Taylor 71 Nick O'Riordan 418 11 Emmanuel Holder) 3 vaconcies 11 vacancy 11 Margaret Symonds PCC to 2024 21 Keith Rayner 31 Sue Liplrot 21 Ray Hambling 31 vacancy PCC to 2025 41 Bob Whittaker 41 vacancy Deonerysynod to 2020 ALL FOR 3 YEARSTO 2023 218 218 2 voconcies 2 voconcies Diocesan Synod to 2024 Val Burgess Brenda Large Nigel Stalley Casual vacancies ère filled by the PCC as they arise. The Induction and Training of Trustees The diocese of Chichester, the Archdeacon of the Horsham, Ihe Rural Dean of the Horsham Deanery and the Diocesan Advisory Committee all provide guidance. both in writing and orally. to the new tnjstees. The decision-making process of the Parish While the PCC remains the central decision-making tw)dy in the parish. much of the detailed work is delegated by the PCC to the three Church Committees. The PCC Standing Committee convenes as and when required. The Standing Committee consists of the Team Rector. the Team Vicar. the Churchwardens. the Parish Treasurer and the PCC Secretary. In exceptional circumstances, if no member from a particular church is able to attend, the nominated Substitute member from that church will be invited. This continue5 to ensure that each church and both the clergy and the laity can be fairly represented. It is the d¢Jty of the Standing Committee to transact the PCC'S business between meetings. The Church Commtttees have oversight of loc31 church and mission strategy. Some day-to-day decision- makingfor each ofthe member churches is delegated by the PCC io the Church Committees, whose member5 are elected by their own congregations. Each church also elects two deputy wardens to seNe its own community, but they do not have all the powers and responsibilities of Churchwardens. Each Church Committee has initial responsibtlity for routine legal and financial business. The Church Commitlees are required to present an annual budget for approval to the PCC or Standing Committee and are ￿qUired to conduct its affairs in accoi(lance with that budget. St. Mary's Pre-S¢hool is overseen by a Governance Committee made up of staff, parents and representatives of the PCC and the Parish. A report is receNed at every PCC meeting. Remuneration is decided by the PCC as part of the annual budget process based on an assessment of roles and appropriate benchmarks. Any recommendations for increases or changes in terms and conditions are then referred to Church Committees for their approval. 15 THE CHURCH -J OF ENGLAND TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 HOR51{AMTE￿II11N15TRy Position in relation to a Wider Network The Parish of Horsham is within the Horsham Deanery. which in turn is within the area of Archdeaconry of Hor5ham and the Diocese of Chichester, presided over by the Bishop of Chichester and his suffragan the Bishop of Horsham. The Diocese of Chichester is in turn within the metropolitan area presided over by the Archbishop of Canterbury. Relationship with other Charities and Organisations The churches of the Parish of Horsham are members of the ecumenical orgarbisation known as Horsham Churches Together. Volunteers The parish could not operate without the huge number of volunteers who offer their Services to help run Church services, operate the comwnitlee strurture. help wrth the Sunday schools and Youth work, run the church offices, visit those in need and work in other Christian projects with the parish. The total number ol hours cannot be quantified but are considerable and their presence is clearly seen by the communitv. Trustees, Responsibilities in relation to the Financial Statements The trustees are responsible for preparing the Trustees, Annual Report and ihe financial statement5 in accordance wilh applicable13w and United Kingdom Accounting $13ndards (United Kingdom Generally Accepted Accounting P¥acticel. The law applicable to charities in England and Wales requires the trustees to prepare financial siatements for each financial year which give a true and fair view of the state of affairs ol the charity and of the incomin8 resources and application of resource5 of the charity for that period. In preparing these financial statements. the trustees are required to-. select suitable accountinE policies and then apply them consistently observe the methods and principles in the Charities SORP- make judgements and estimates that are reasonable and prudent.. stale whether applicable accounling standards have been followed. subject to any material departures disclosed and explained in the financial stalements- and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The tr￿SteeS are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the finènci31 position of ihe charity and enable ihem to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for $3feguarding the asseis of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the Tmstees on 17 April 2023 and Signed on their behalf bv.. Lisa 8amett, Team Rertor ènd PCC Chaimian 16 THE CHURCH .] OF ENGLAND INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 HORSHAMTEAMMIrtISTRY Independent Examiner's Report to the Trustees of the PCC of the Ecclesiastical Parish of Horsham Diocese of Chichester for the year ended 31st December 2022 This 15 rlly report to the Parochial Church Council of the Ecclesiastical Parish IPCCI ol Horsham Diocese of Chichester, on the annual report lor the year ended 31st Decembei 2022 set out on page5 1 to 34. Respectlve iesponslbilltles of trustees and examiner rhe PCC member5 are responsible lor the preparatioTh of the annual reports. The PCC members consider thar an audit is nor required for this year under section 144 of ihe Chanties Acr 20111-the Charities Act~) and that an independent examination is needed. It is my responsibility to-. examine the account5 under 5eclion 145 of the Charitie5 Act. to follow the procedure5 laid down in the general Direction5 given by ihe Chanty Commission (under section 1451Sllbl of the Charities Act, and to slate whether particular matiers have c(Mne to my attention. Basis of independent examinerfs Statement My ex3min3tion was carried out in accordance with general Directions given by the Charity Commission. An exarnination indude5 a review of the accountin8 record5 kept by the charity and a comparison of the accounts presented with those records. It also inclvdes consideration ol any unusual item5 or disclosures in the accounts, and seekin8 explanations from the rfustees concernin8 any such matters. The procedures undert3ken do not provide all the evidence that would be required in an audit. and consequently no opinion is given as to whether rhe accounts present a 'true and fairf view and the report is limited to those matters set out in the Statement below. Independent examinèr's statement In connection with my examination. no matter has come to my attention which 8ive5 me reèsonèble cause to believe that in. any material respect, the requtrements-. to keep accounting records in accordance with Section 130 of the Char￿tieS Act,. ènd to prepare accounts which a Cash fl¢wsfrom financin8 artivilies.. Repaymenis ofborrowing iio 0001 Net cash provided by Iu5ed Inl financtn8 Jo.0( Change in cash and Cash e4uivalents in ihe reporting period Cash and cash egurialents ai rhe begsnning of the reportlllg period Cash and cash equivalents at the end of ihe reporting period 38,923 427.754 466,677 20 THE CHURCH J OF ENGLAND NOTES TO THE FINANCIAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 HORSHAM TEAMMINISTBY l Accounting policies a. Basis of preparation The PCC is a public benefit entity within the meaning of FRS102. The financial slatements have been prepared under the Charitie5 Act 2011 and the Church Accounting Regulations 2016. in accordance wrth applicable accounting standards and the current Statement of Retommended Practice, Accounting and Reporting bv Charities, ISORP IFRS 10211. The financial statements have been prepared under the historbcal c051 convention as modified by the inclusion of investments at 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= 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 specrfic future purposes or projects. Restrirted funds - al income from trusts or en(lowmenls which may be expended only on those restricted objects 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 specific object_ The fund5 may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of the year is caffied forward as a balance on that fund. Endowment fund5 funds for which the capit31 must be maintained.. only income arising from the investment of the endowment may be used. either a5 restricted or unrestricte(I funds, dependin@ on the purpose set out in the terms of the original endowment. ¢. Intome and endowments All income and endowments. accounted for without deduction for any costs of receNability, Bre recognised when there is evidence of entitlement. receipt is PTobable. and the amount can be measured reliably. Donatlons and legacies Collections are recognised when received. Planned giving re￿Ivable is recognised when there is evidence of eniitlement. ￿Ceipt 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 lo which it is attached 15 recogni5ed. Grants and legacie5 are reco8nised when the formal offer in writirhg of the fundin& is received by the PCC. Charitable activitie5 Statutory fees for weddings and funerals are retognised when the office occurs. 21 THE CHURCH J OF ENGLAND NOTES TO THE f INANCIAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 #)RSFIAI4TEIM fvIINSYRY Fundraising The PCC relies on the support of its individual donors. Without it. the PCC would not be able to continue to pursue their objectives. Consequently. fundraising policies and procedures are robust and tr6n5p3rent, and are applied scrupulouslv. The PCC promises their supporters to make the best use of their donations, be transparent in how donation5 are spent. inform donors about the difference their 5UPPOrt makes, respecting privacy, and make it easy for donors to choose how they communicate with them. The PCC keeps abreast of, and adapt to, all and any changes in the regulatory framework and adhere to urrent regulation5, including the Gener31 Data Protection Regulatson 2018 and the Code of Fundraising Practice issued by the Fundraising Regulator. Other trading activities Trading activities are where income 15 receivable in relurn for selling goods or providing services. Income from trading is recognised when received. Sales of magazines and study notes are recognised when received. Rents from property are recognised in accordance with the rental agreements, when receipt is probable. Investment income Dividends are accounted for when due and payable. Interest entitlement5 are accounted for a5 Ihey accrije. All other income All other income is recognised in accordanee with the above overall policy. Gains and lossès on investments Reali5ed gains are recognised when the investments are sold. Unrealised gains and losses are accounted for on revalualion at 31 December. d. Empenditure Expenditure is recognised when there is evidence of entitlement. paymenl is probable. and the amount can be measured reliablv. Grants Giants and donations are accounted for when paid over. or when awarded where the award creates a binding obligation on the PCC. Church activities The dioce$3n parish share contribution is accounted for on an annual basis. reflecting the allocation set by our Deanery and additional amounts agreed by the PCC. Any parish contribution unpaid at 31 December is provided for in these accounts a5 an operational (though not a legall liability and is shown as a creditor in the balance sheet. 22 THE CHURCH J OF ENGLAND NOTES TO THE FINANCIAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 NOR￿A￿TE*￿A MINISTRY e. Fixed assets Tangible fixed assets Consecrated and berheficed property of any kind is excluded from the accoun15 by s.10121 of the Charities Act 2011. Movable Church furnishing held by the Vicar and Churchwardens on Sp￿la1 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 whiih carh be inspected but are not included in the financial slalements. For other property acquired prior to 1970 there is insufficient Cost information available and therefore the cost of such assets is stated at a nominal £1 in the firbancial statemenls. DepreciatFon Depreciation is calculated to write down the cost of tangible fixed assets. excluding freehold propertie5. over their expected useful Iwes. The rates generally applicable are.. Fixtures and fittings 25% Improvements to building 10% Resurfacing of car park 10% Car park land 0% No depreciation ￿ p¥ovided on freehold buildings as the useful etonomic life of these assets exceeds 50 years and residual values $0 high that potential depreciation would be immaterial. It is the PCC'S policy to maintain these a55ets in a continual state of sound repair. Resulting fiom regular impairment reviews, provision will be made if there has been any permanent diminution in value. Investments Investments are stated at market value at the balance sheet date. f. Current Assets Amounts owing to the PCC at 31 December in resped of fees, rents or other income are shown a debtors, less provision for amounts that moy prove uncollectible. Short-term deposits include cash held on deposil eiiher with the CBF Church of England Funds. orat the bank. 23 THE CHURCH J OF ENGLAND NOTES TO THE FINANCIAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 HORSHAMTEAM 141NOTRY 2. Analysis of income and endowments: Total Funds 2022 Totol Furjds 2021 Note5 Uniestricted Re#ricted Eodowmwt Fund Fund Fund Planned lexcl Gift Aid) 190.155 13.240 203.395 226,769 Loose cash collections 19.378 19.378 13,785 Gift Aid recoverable 41261 7.974 50.235 59,323 Legacies 50,5 15.354 Grants 943 22.899 36.984 60.826 22,073 Special appea15lSmall donatrons 9.559 20.377 29.937 28,168 DonatlQn5 and le8aries 262.296 114,9 36.984 414,270 365.472 Fees for wpdding5 & funerals St John5 88H contribution to Youth Worker 11.952 52 12JJ04 6,141 6,141 3.797 Youth Festwal Income 185 Si Mary's Pre-sch¢ol Fees 149.111 149.111 134.847 Charitable artNitie5 11.952 5.304 167,256 246.873 Chufth cÈntrÈ and hall hirin8 fees Chuich hire fees 56.080 35,981 8.862 8.862 5.14f5 Car park fees Fundraising sales Rental Income 37.649 37.649 36,923 5,388 8.714 4.947 13.691 14.643 14,643 11,774 Other t¥adinE artivities 125.978 4.Y7 130.924 95,211 Bank & CBF dep051t inlere5t CBF Investment Fur￿ dividends 2,266 2,369 4.635 Bll 8S8 1.918 Investment5 3.124 3.430 6.553 1,612 Other receipts 291 i.ify) 978 Other income 291 1,100 978 Total income and endowrnents on all funds 403.641 279.480 36.984 720.11￿• 610,146 Volunteers oller theirservices to help run thurch seThice5, help with the Sundoy 5choo15. run the church office5 and vi51t those irj need. The totolnumberof hours connot be quontilied but Dre consideroble and theirpresence is cleorly seen by the community. 24 THE CHURCH J OF ENGLAND NOTES TO THE FINANCIAL REPOR T FOR THE YEAR ENDED 31 OECEMBER 2022 ORSNAhlTEAM hllNISTRY 3. Analysis of expenditure: Unrestricted Restricted Endowment Tot Funds roto1 Ktsnds 2021 Notes Fund Fund 2022 Bank & card reader charges Fun(Jraising costs 3.773 15 3,788 2,190 2,671 1.207 791 Cost of raising lumds 4564 1.414 5.978 3,878 Charitable grantsand donations Cèring and Evangellsm Diocesan parish share Clergy Housing & Expenses Salaries and honoraria inil Nl & Pension 7.(lJ9 | 1.856 9.465 6,864 4.790 9.865 14.655 1.956 157.782 1 6,548 157.782 142,564 11,463 18.olj 205.758 10.820 92,795 112,963 186.847 Or8anist5 and chtyrs Church running Costs Youth work 7.469 7A69 5.188 30.ts17 2.850 32￿97 41.799 3,304 23.308 5.673 836 s￿08 Church mainienance and repair Other expen5e5 Governance 14.318 12.396 26.714 1.805 1.805 5.485 25.036 25.036 23,035 St Mary'5 Pre-school expenditure Administration 17.239 17.239 15.118 12.866 12.866 8,303 Children's Work 1.673 1.673 375 Depreckiti Cost ol charitable activities 377.474 169.468 546.942 474,556 Church hall running costs other IradinE Costs 29.823 32,723 27.015 3.630 13 3.643 8,675 Cost of other tradin8 acdvliies 33.453 2.913 36.366 35,690 Total expended all lunds 415.491 173.795 589.286 514,524 The running costs of the Pre-schoolore included in c05t of choritoble ortivitie5. These totulled £136,20212021 E136, 704) und were fftode up of 5(Jlurie5. NlpensNon of £112.963 {2021 E121,585J ondoÈher c05t5 of E17,239 12021 £15.1192. 25 THE CHURCH .J OF ENGLAND NOTES TO THE FINANCIAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 ORSHAMTEAMMINISTftY 4. Charitable Grants and Donations: Total Funds 2022 Unresirirted Restrirted End(y*ment Fund 20.,1 Note5 Home: Fegan5 Children Coun5elling Churches Together in Horsham Trafa58ar School St Marfs COE Primary SCI￿01 Hor5harn Churches Together OEC Ukraine i.v 600 45 45 DEC Afehanisian Horsham Debt Advisory Service Friend5 of St Niiholas Children'5 Centre 2C 1.856 1,856 1.856 | 9,465 5. Staff costs: Total Funds 2022 Unrestriaed Restrirted EndoY4ment Jnd Furbd Fund 20)1 Notes Remuneratien Wage5 and salar￿S 87.955 107.476 195.432 178,5 j5 Employer social security cosrs 3.153 i.oio 4.163 Employer pens￿￿ cosis 1,687 4.477 6.164 92.795 112.963 205.758 J8i.8_'7 During rhe yeor, the Pccemployed Orgoni5t5, PurishAdrnini5tr(Jtor5. 0 Premises Monoger, o Youth Enabler, a Children'5 Co-ordinator ond pre.school stoff. none of whom eorned £60.1XXTr p.o. 01 more. The over£Tge number of stuff wos 22 (2021 20). The chority operotes o defined contribution pension scheme 05 Set out in Note 15. Contribution5 paid in the year were £6.16412021- £9,071). No trustee received ony remunerotion in the yeur or the prevwu5 yeur. 6. Governance Vnre5triaed ReMrirted Endowmeni Toial Funds Fund 2022 2021 Notes Independenr examinaiion 5.8ZO 5.820 i.iso Payroll Services 1,428 1.428 BookkeepinÈ & Accounts 17,788 17.788 25.036 25,036 26 THE CHURCH -} OF ENGLAND NOTES TO THE FINANCIAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 HORSHAMTEAMMINISTRY 7. Transfers between funds: UmTestTirted Restrided Endowment Total Funds Fun Fun 2022 202J Notes Restricted Youth Fund Donations for Youth Enabler salaries arKJ costs St Leonèrd's contribution to Prefflises Manager costs St Leonard's Contribution to Parish s￿re 22.329 122.3291 13.(KlOI 15.(AJ)I Padvmck Halls Fund for Premise5 Man•Eer cosis Church Cenire Fund expenditvre to Fi¥ed A55ets Fund 4,164 14.1641 35,993 135.9931 8. Fixed Assets: a. Investments Unre￿¥1tted Fund Restrirted Endowment Fund Fund Total Fund5 2022 Alotes Market value I january 2022 31.568 31.568 tli5P0531s at t3rTringvalue Purchèse$ 8t C05t 55.419 36.984 9Z,403 Net10s5es on re¥alvation 13.7161 11.6861 17431 16.1451 Marketvalue 31 Decembtr 2022 27.852 53,733 36.241 117,826 27 THE CHURCH J OF ENGLAND NOTES TO THE FINANCIAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 HORSHAhl TEthIMifiisTRY b. Tangible Fbxed Assets Freehdd land Car park Toial fixed Notes Cost or valuation At I january 2022 190.405 55.952 246,357 Additions 4.164 4.164 Disposals Revaluatio At 31 December 2022 194.569 55.952 250.521 CharBe for depreoation Al l January 2022 Oepreciaiion char8e Depreciaiion eliminared on disposal Revaluation 1103,9271 19.0641 128.9501 1132,8771 19.0641 Al 31 Decernber 2022 1112.9911 128.9501 1141.9411 Net bo£4L value At 31 December 2022 81.578 27.W2 108,580 Ar 31 December 2021 86.478 113.480 . Thefreehold lund ond buildiNw5 cornpri5e the newpori5h offi.ce. the holl ut Holy Trinity Church and capito115ed improvement5 to the parish church centre. The voluotitsn ol thepropertie5 j5 considered to be in exce55 of the cost volue included (ybove. The church buildrng5 ore ull owned by The Oioce5e of Chichester. CorpGrk lund wu5 purchosed by Horshom PCC t7nd re5LtrAoced. The lond is considered to be on oppreciotin9 osset ondno depreciotton hos been providEd. The fe5urfucing c05t hus beenfvlly depreciuted. 28 THE CHURCH .] OF ENGLAND NOTES TO THE FINANCIAL REPORT FOR ThE YEAR ENDED 31 DECEMBER 2022 HOrtSHAMTÉAMMINtsTAY 9. Analysis of net assets by fund: Unrestrirted RestrKfed Endowment Total Funds Fun Notes Fixed assets forchurch use 108.580 108.580 113.48 Investmeni fixed asseis 27.852 31.254 171.749 149.7(X)I 53.733 9.463 294.927 134.2911 36.241 117.826 40.717 466.677 177.9901 4J.568 Curreni asseis lexcepi cashl Cash at bank and on deposit 37 600 io 417.7)4 179.266) li 139,736 323.832 36,141 655,810 531,136 10. Debtors: Unre5tvicted Funds Restricted Endowment Fund Fund Total Funds 2022 2021 Notes IntomÈ tax rÈcovÈrablÈ 11,319 83S 12,154 12.456 Account5 receivaNe 16.154 8,543 24.697 13.329 Prepayment5 and accrued income L881 85 1.966 10,953 Other debtors 1.9C#J 31.254 40.717 37.6(YO 11. Creditors - amounts falling due within one year: Unre5trirted Fund5 Restrirted End¢Mrnenl Fund Total Funds 2022 Totol Funds 2021 Notes Accounts payable Deferred income 11.4 Jl 5} 52,641 14,187 38.303 15.619 15.4*M) 2.779 53.704 18.398 Accruals for utiliries and orher costs ArchdÈacon's loan iO.OOLJ 3.9.43 Other creditors 14.2231 io,iii 5.888 49.7￿} 282 77.990 E79.266 29 THE CHURCH J OF ENGLAND NOTES TO THE FINANCIAL REPOR T FOR THE YEAR ENDED 310ECEM8ER 2022 HORSHAMTEAM MIN15TIIY 12. Prior year Statement of Financial Activities comparative figures for this year: Unrestricted Restricted Total Fund5 Fund Fund 2021 Income and endowments fvom- Donations and legacies 261.568 103.gm 365,472 Charitable a£tivit*s &044 138,829 146,873 Other trading actNrties 94,708 503 95,211 Investment5 1.570 42 1,612 Othef Teieipts 138 978 1 Total income 366.7ao 143.416 610,146 fxpenditure on.. Raisin8 fund5 3.871 ￿￿.493 168.463 474.956 Other trading acti￿111e$ 29.225 6.465 35.690 Total expendiiure 339￿9 174.935 514.524 Net 8ain5 lor1055es1 on Inwesrmenis 3.951 3.951 Net incoffle or Inet expenditure) 31.092 68,481 99.573 Transfers between funds I15￿￿5 1115.8451 146.937 147.3641 99.573 Reconciliotion ollvnds.. Net movement in lunds 146.937 147.3641 99.573 Total funds bfOU8ht forward 12L086 310,477 431.563 Total lunds carried lorward 268.023 Z63.113 531.136 30 THE CHURCH J OF ENGLAND NOTES TO THE FINANCIAI REPORT FOR THE YEAR ENDEO 31 DECEMBER 2022 HORSH*MTEAM MINMRY 13. Statement of Funds: Bal BF Gains & Bal CF ljan 2022 Income Ewendii¥re Translers 10$5e$ 31 Dei 2022 Padwick Parish Halls Fund 36.984 1?431 1?431 36,241 Total ol all enIk￿ment funds 36.984 36.241 Holy Trinity Bailey Fund Holy Tnnity Fabr￿ Fund Holy Trinity Gef*ral Use By Holy Trinity Holy Trinity Memorial Garde Holy Triniiy Messy Church Holy Trinity Nakuru P3dwick Parish Ha115 FurKI 2.364 2.364 16,473 32 16.S05 5.681 18.0241 10,157 314 20 319 233 102 iiosi IL8561 230 1.627 229 IL307 17.845 12671 9.540 Ukraine Refugee Fund St Leonard's Home Corner 112.8591 4,986 522 15221 Si Leonard's Fabric Fund 2.071 2.071 5t Leonard's General use by St le￿ardS St Leonard's G¢x)din8 Si Leonards- Hayward Fund St Leonards'5 New Freezer & Safe 1.287 1,287 12.2351 111.8711 2.765 163.538 18.(MxiI 11,4191 11771 144,312 177 St Leonard's Young St Leoriard'5 Children & Youth I,ooo 15881 51 Mary's Audio Visual St Mèry'schurch Centre Refurbishmeni St Mary's Chancel Trust lts)come Fund St Marfs Fabric Fund St Marfs General use by5t Maiys St Marfs Mu51( St Marf5 Organ St Mary s Pre-school St Mary s Pre-sthool FU￿raiSIng St Mary s Pre-school Hardship Si Mary's YouthnGlf St Mary'syouth Festival Total of all re5triaed fund5 25 565 8.355 6.946 12.857 7.988 1,250 1.250 14.1641 5,441 7,703 17,193 55,268 1.375 3.414 29.270 14.121 187 757 6.354 51.040 125 12.0181 13.7601 3,414 149.113 24,681 1130.2161 114.3081 14,121 187 297 611 23.303 18361 122,3291 435 611 263.113 88.597 279.480 402.410 1173.PJ51 135.9931 11.6861 1401.3(4)1 26,829 13,7161 331.119 109.760 General fund. OesiÈnated fvnds -Fixed asset fund -st Mary's fabrit 86.478 63.823 22,976 19.0641 4.164 81,578 66,323 25,476 899 2,500 -st Leonard's fabrii -Holy Trinity- Messy Church Parish fjifts ro Mission 250 223 I2.￿#)) -st Marfs Organ -St Marl5 Audio V15ual Total of all unrestricted funds 691 691 5(K) 268.023 403,641 1415.4911 1589.2861 35,993 13,7161 16.1451 288,450 655.810 Total funds 531.136 720,105 31 THE CHURCH J OF ENGLAND NOTES TO THE FINANCIAL REPORT FOR THE YEAR ENDED 31 DECEM8ER 2022 HOASHAA TEAK4 h41*41STRY 13. Statement of funds (continued}: Explonotiort of Funds Endowment Funds Podwick Porish Halls Fund- Incomefrom this fund is to be usedfor the upkeep ond repoir of Church Holls and rooms in the Parish. Restricted Funds The purposes of the major components of restrictedfunds ore.- Holy Trinity Heotley- a donotionfor the church ond mission of Holy Trinity Holy Trinity Fobric J St Leonord s Fobric J-fundsfor mt7intoining thefobric of these churches St Mary's Fobric St Leonard s Hoywordj St Leonord s Gooding J legacies or dont7tionsfor the church and mission of St Leonard s St Leonord s Young St Mt7ry s Pre-School- occumuloted surpluses of the Pre-school which ore restrictedfor use in operating the Pre-school St Mory's Pre-school Fundmising ond Hardship-fund5 to be usedfor ossisting porents ond developing or enhancing the work of the Pre-school St Mary s use only } Donotions andlegoc￿s to be spentfor the church ond mission of St Mary's Padwick Parish Halls Fund- The funds are to be used for the upkeep and repair of Church Halls and rooms in the Parish Designoted Funds As indicated, the Designuted FurRd5 are earmarkedforfuture work on thefabric of the respective Churches. Fixed A55et Fund- The net book volue of Improvements to the Parish Church Centre. Unrestricted Funds **Thesefunds ure not subject to ony donorrestrKted andcon be spent os the PCC decide. consistent with the choritoble mission 32 THE CHURCH J OF ENGLAND NOTES TO THE FINANCIAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 HORSHMITEAM MINisfRY 14. Reconciliation of net income/(expenditure) to net cash flow from operating activities: Tatal Funds 2022 Totol ?O?l Notes Net income lor the reporting peri￿ from the statement of finantial aCti￿tieS 124,674 99.573 Adjustments for.. Depreciation charges 9.064 Losse511gainsl on investmenis 6.145 13.lJ511 Oividends, interest and rents from irwestments 16,5541 Decrease in stocks 473 io lI￿reaSe)/(leCre35e in debtors 13,1171 71.298 io IDecrea5ellincrea5e In creditor5 IL.2761 409 li Net cash provided by operaiinz artlvitles 128.936 166 190 15. Pensions: The Parochial Church Council of the Etclesiastical Parish of Horsham Diocese of Chichester IPCCI participates in the Pension Builder Scheme section of CWPF for lay staff. CWPF is administered by the Church of England Pensions Board, which holds the CWPF asset5 Separately from those of the Employer and other participating employers. CWPF has two sections.. the Defined Benefits Scheme the Pension Builder Scheme, which ha5 two 5ubseclions: a deferred annuity section known as Pension Builder Classic. and. a cash balance section known as Pension Builder 2014. As at 31 December. 2022. all PCC employees were enrolled in the Pension Builder 2014 section of the Scheme. Pension Builder Scheme Both sections of the Pension Builder Scheme are classed as defined benefit schemes. Pension Builder Classic provides a pension. accumulated from contributions paid and converted into a deferred annuity during employment based on terms set and reviewed by the Churth of England Pensions Board from tin)e to time. Discretionary increases may also be added. depending on investment returns and other factors. 33 THE CHURCH -J OF ENCLAND NOTES TO THE FINANCIAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 ORSHAMTEAM MINETRY 15. Pensions (continued): Pension 8uilder2014 is a cash balance scheme that provides a lump sum which members use to provide benefits èt retirement. Pension iontributions are recorded in an account for each member. Discretionary bonuse5 may be added before retirement. depending on investmenl returns and other factors. The account, plus any bonuses declared is payable, unreduced. from age 65. There is no sub-division of assets between employers in each section of the Pension Builder Scheme. The scheme is ¢onsidere(I to be a multi-employer scheme as described in Section 28 of FRS 102. This is because it is not possible to attribute the Pension Builder Scheme's asset5 and liabilitie5 to specsfit ernployers 8nd means that tontributions are atcounted for as if the Scheme were a defined contribulion scheme. The pensions costs charged to the SOFA in ihe year are ihe contributions payable12022.. £6,164, 2021.. £4.1521. A valuation ol the Pension Builder Scheme is carried out once every three years. The most recent valuation was carried out as at 31 December 2019. The next valuation is due as at 31 December 2022. For the Pension Builder Classic section. the valuation revealed a deficit of £4.8m on the ongoing assvmptions used. At the most recent annual review, Ihe Board chose to grant 3 discretionary bonus of 3% following irnprovements in the funding position over 2021. There is no requirement for deficit paymenis at the current time_ For the PensFon Builder 2014 section. the valu3tion revealed a surplus of £5.5m on the ongoing assumptions used. There is no requirement for deficit payments at the currenl lime. The legal structure of the scheme is such ihat if anoiher employer fails. The Parochial Church Council of the Ecclesiastical Parish of Horsham Diocese of Chichester could become responsible for paying a share of the failed employerfs pension liabilities.