AsCen￿￿)nchurlh THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIA5ficAL PARISH OF PATCHAM ALL SAINTS. DIOCESE OF CHICHE&fER REGISTERED CHARtrY NO: 1132273 ANNUAL REPORT ANO FINANCIAL STATEMENTS FOR YEAR ENDED 31 OECEMBER 2023 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF PATCHAM ALL SAINTS. DIOCESE OF CHICHESTER TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 CONTENTS Reference and Administrative Detslls .. Annual Report.......................................................................................... Statement of Flnancial Aetivwties ISOFA).............................................................................. 12 Balance 5heet..................... 13 Notes.. Accounting Policies................................. Notes.. Accounting Policies IContinued)............................................................................- Notes.. Analysis of Income................. ..............................................,... .14 .15 16 Notes.. Analy515 of Expenditure............................................................................................ 17 Notes.. Staff Costs. Tanglble Fixed Assets, Investment Property, Debtots......................18 Notes: Investments, Creditors, Analysls of Net Assets by Fund........................................... 19 Notes: Statement of Funds, Associated Trusts.. Independent Examiner's Report......... ................................................................................ 22 .20 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF PATCHAM ALL SAINTS, DIOCESE OF CHICHESTER TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 Reference and AdmInIstra￿ve Detsils Charlty Name: The Parochial Church Counal of The Ecde51astiol Parish of Patcham All Salnts, Diocese of Chichester Worklng Names.. All Salnts Patcham PCC The Parish of Patcham (All SaintsP All Saints Patcham Charity Number: 1132273 Prlndpal Address: All Saints Church Off￿e Church Hill Brighton BNI 8YE Trustees: The Rev'd Caz Dunk The Re¢d Jonathan Harley lfrom 10 Jan to 27 Aug 20231 The Re¢d Tom Holbird (from 10 Jan 20231 The Wd Mark Rodger (from 29 Jan 2024) Mrs Llnda Baker Mrs Li5a-Marie Coomber (from 23 Aprll 2023) Mrs Carole Copelin Ms Elizabeth Dwar Mrs Susan England Mrs Tanya Gambardella Mr 8ob Hill Mrs Kim Hill Mrs Bèvèrley McArdle Mr Roger Newman Mr Derr￿k Nunn (to 23 Jan 20231 Mrs OINe Ridge Mrs Jody Sharp Miss Sharon Springham {to 23 April 2023) Mis5 Carol1r￿ Thomas Mr Matthew Willetts THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF PATCHAM ALL SAINTS, DIOCESE OF CHICHESTER TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 PCC Chalr The Rev'd Caz Dunk Ifrom 4 Jan 2022 to 10 Jan 20231 The Re¢d Jonathan Harley (from 10 Jan to 27 Aug 20231 The Rerfd Tom Holbird (from 27 Aug 2023 to 23 Feb 20241 The Rerfd Mark Rodger (from 23 Feb 20241 PCC Secretsry Mis5 Sharon Sprfngham (to 23 April 20231 Ms Lauren Sheath (from 23 April 2023) PCC TreaSu￿r Mr Derrick Nunn Ito 23 Jan 2023) Mrs Jody Sharp (from 23 Jan 20231 Principal Bankers Santander UK Lttl BBAM 8ridte Road Bootle Mersetrslde L304GB Independent Examiner Austin Harrity aarke Goodhand Smlth 12A MarftK)rDu8h Place Brighton BNI IWN Inspectlng Architert (AIISolnts Church) Mr John Bailey Thomas Ford & Pdrtner5 177 Kirkdale. London SE26 41IH THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF PATCHAM ALL SAINTS, DIOCESE OF CHICHESTER TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER2023 The Trustees present thelr Annual Report and the HNndal Ststements lor the year ended 31 December 2023 The primary objectlve of Patcham All Saints PCC is the promotK)n of the Gospel of our Lord Je5US Christ according to the doctrines and prdctices of the Church of England. The PCC has the responsibilty of co-operating with the dergy in promoting in the ecclesiastical parish the whole m15slon of the Church* pastoral, evangelistic. sodal. and ecumeniol. When plannlng our activities for the year, the dergy and the PCC have consldered the Charlty Commlssion's guidance on public benefit and. in partlLular. the 5peckfic guidance on charities for the advan￿ment of religion. The objectlves of the PCC In cooperation with the cleryi are:_ to promote Saints and The Ascension as places of prayer. worship and Christlar) Fellowship to proclalm the Gospel throu8h preachin& teaching and building relation5hlp5 • to provide pastordl and spiritual Ca￿ to regular members and to the wider parfsh. without cost to the individuals concemed to make activities aydilable to residents in the Parish • to make the Church, Church Centre. Church Bam and rooms at the As￿nsIOn available for Use by local groups and indiYiduaLs • to support agenaes seeking to allevlate poverty and promote the Gospel both localty and abroad 2023 si8nalled the beginnlng of an apostolic partnefship vMth St Peter 5 Brighton under the Diocese of Chichesterfs Strategic Development Fundlng ProjecL The Rerfd Jon Harley joined us as Curdte, and began hls mlnlstry at ￿1 Saints. in January 2023 under the leadetship of the Re¢d Tom Holbird IPriest-in-Charge St Matthias and All Saints, Palchaml. However. Jon left All Saints, in Au8USt 2023 having declded not to continue In ministry. We began 3 process of recnjitment for a new Associate Vicar to lead the Parish, and the Rev'd Mark Rodger was appointed to start hi5 ministry with us in January 2024. In January 2023. we also welcomed Lauren Sheath to our Staff, fijlfilling the dual role of OperatlOn5 Manager arid Kids Pastor. It has been a joy to welcome those from other churches who have committed to supportlng our ministry. The decision to host two Carols by Candlelight services resulted in a very positive growth in attendance. and our Toddler Carol servi￿ was a hit with families from across Brighton and beyond. Our house groups have grown in sile during the year and our children's work has expanded. Alpha was re-lntroduced in September with many blessi[¥ and it is Intended to continue running this course throughout 2024. THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF PATCHAM ALL SAINTS. DIOCESE OF CHICHESTER TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 Our thanks go to all who 5UPPOrted serv1￿5 In the Parish this year. including Parish Reader Mrs Kim HIII, ALM Beverley McArdle, Retyd Rich Merrick. Wd Kate Middleton. Revd David Garratt. The Rev'd Canon Dr David Stone & Rev'd James Roe. loces o dchri tian Ilo All Saints, and Ascension provided both weekly worshlp and one-off special events throughout 2023. It has been great to welcome new people and families to our Surtday services, as well as see our Worshlp Team grow at All Saints. Both churthes are equipped with modern heating* lightlng and audio-visual systems, With volunteers providing a warm weltome & refreshments. A webslte ha5 been maintalned for both churches to give infomiation to the general public al>out the facilities we offer and times of Ser￿1￿5. including links to our tslks online. As part of our new partnership with St Peter's Brighton, we hosted a night of worship & prayer, with attendees ioining us from churches acr05S the city. and fegularly have the church open and available for individuals to visit for private prayer. To enable worship to take place in both churches as much as possible, WÈ continued to share resources which included sharing preachinglteachin8 themes. using both live and recorded sermons. These were also uploaded to the webslte and appreoated by those unable to attend In person. Our midweek Communion servi￿ continued to meet monthty, and was a highllght for manyi in particular in Februaryi when it fell on Ash Wednesdav. In September. we launched an Alpha course gNing guests a chance to èsk questlons and explore the Christian faith in a fun, no-pressure environment. The nlne evening course had a team of seven and welcomed four guests. There wa5 a real sense of community within thè group, and at least two guest5 found a new faith in Jesu51 It's been t7n honour to leadAlphu cndone of the best things fve done In o lon9 time.- Group Host "Great experience. lovedit" Guest "Ifeelos though I'm on olourney, deve1op1ngunde￿tQn￿#ng t7ndfinding o sense of belonging" Guest Parlsh Zoom Prayer continued to be a feature in 2023, meetlng on Mondays at 8.30am and 7.30pm to read the Scriptures and pray for the community. local and global issues and personal needs, Wlth an opportunity to share words of encour3gement and answers to prayers and, in a year of change and decision, seeking Gods leading for the life and mission of the church. A partklpant commented: *womingZoom Pnryer Is o lovely. open. intimote undjoyfvloct05ion° We also began a monthly In-pewn Prdyer Gatherin& focussing on irtercession for our Church, the city, and beyond. Beginning worship. it is an hour of interactive and ueative prayer, often hosted by a member of the congregation. The month of December wa5 busy, W￿h multiple Christmas services and events whlch were advertised throu8hout the Parish, sharing the Gospel message of Chri5tma5. We decided to host two Caro15 by Candlelight services in order to welcome more guests, and were pleased to welcome over THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF PATCHAM ALL SAINTS, DIOCESE OF CHICHESTER TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 double the amount of people as 2022. We were also pleased to welcome resldents from Maycroft Manor Nurslng Home who were able to join us for the first time thls year. The traditional mulled wlne and mince pies were served In between the two seivice5 outside the church. whlch worked well. New to the All Salnts. calendar vrd5 Toddler Carols, almed at familie5 Wth under Fives. It was amazlng to have over eighty adults and sixty children Soln us for an interactNe se￿￿ with sIngIr￿ activities, storytelling and refreshments, all hosted by a Iruly inter8enerational team. On Christmas Eve, the ever-popular Christinglè servKe welcomed families from across the Parish, and the Midnlght Service was a wonderful chance for refiection. Quiet Space, held monthlyi enabled partidpants to reflect and contemplate on what God may be saying either individually or colleCt￿ety. It ha5 been so exciting to see God addin8 to the number in Junior Church during the year and to see friendshlps grow among families. We are so grateful to the commltted, and growing, team who teach and encourage the children in their fatth each week. In 2023. the children explored G(￿ & Science Iseeing God's awesomeness in creatlon) and the Armour of God. They were a150 inspired by hearing storles of Chrlstlan henjes such as C.S Lewis and HarrietTubman. When asked what their Junior Church highlights were. we received the followlng comments from the hlldren- .1 like pm￿'n9 to Go -Myfvvourrte port of churth is singing songs in church every weev I Ilke when we make cr¢ifts with biscuits- Toddler church started in January 2023 with 3 regular children. By December the number of regulars rose to 5. Each week the children play, have a Bible story. song and prayer. The parents appreciated belng able to engage with the service without worrylng about thelr child, and the children enjDyed themselves whilst starting to learn abo￿ Christ. It has also been an important point of contact with visitors who bring thelr children. Parents commented: "I could artualty listen to and ubsorb the servic "l uttuully plcked up a Blble. heard the readlngs ond the 5emon. I don't think I have engaged IIP a Service like this since belore Cowd" Yhe childrèn enjoy formlng friendships hoving fvn und joining in with the Bible story and artion We continued to build links with local primary sthools In our Parish. Both Patcham Infant5 and Junlor Schools h05ted thelr Chrirtmas Carol $￿CeS at Afi Saints. with over thrÈe hundred invited family and friends attending. Our Kids Pastor was also invited to speak and share the message of Christmas. Three Year I classes from Patcham Infants vistted All Saints to leam ai)out the Church, its worship, communlty and actiwties for their currFculurn studies, and we were able to provide an Interactlve session with ninety children. 1 just wanted to soy a huge thonkyou to y(Jufvrorganising ourvisit to the church yesterdoy. My team hove ollsoid howbrilliantit was and I know the chIld￿n hud a great time ond leamt ts lot." Patcham Infants Year l Teacher Yhrjnk you so much for oll your support and moking us fvel 50 wekome ot the church. We huve ollsaid how lovelyit has been." Patcham Juniors Teacher THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF PATCHAM ALL SAINTS. DIOCESE OF CHICHESTER TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 Rev'd Caz Dunk vrds also invited to vistt Westdene Primary School to share the Christmas message at an assembly, and some classes. Over the summer, the church raised over £13fKJ to gSve to Carden Primary School, who were imparted by an ar50n attack. -Carden PTA is unbelievobly gmtefvl fvr your incredible 5UPPOrt and generosity. Your donations will help us to support the school tsfter thefire. enabling teachers Iv continue to provide excellent qualityeducotion to ourchildren." Emma, Chair of PTA oml and 5 Iritual cure to re ult7r mem andth ns cost to the A small group continued to meet to prdy and review the care we prowded to church members. Telephone contacts continued throughout the year and Communion vistts were offered by a small team to those who were housebound or had moved to nursin8 homes. The Parish Thanksgiving and Remembran￿ Ser￿Ce was held in mid-November at All Saints, offering an occasion for bereaved famlly and friends to ￿member their loved ones in a more reflective service arbd the opportunity to light a candle in their memory. The servlce was offered to the wlder community and by personal invitsth)n to the fami￿ of those for whom fijnerals have bèen conducted In the past. This seNce was muth appreaated by those attending. The newslette￿ were made available In church and emailed to members of the Cong￿gation. Newsletters were also sent to those who were unable to attend church. Brighton and Hove Ctty Mission's IBHCMI Care Home Team under the leadershlp of Bev McArdle cununued to stay connected with Maycroft Manor. resulting in a nvmber of onsite vlsits and services during 2023. Our partnership vmth BHCM as a Parish a150 inspired some ChU￿h members to volunteer to be part of the team. "dentsin the Poris The Friend f All Sain planned events aimed at helping the communlty be more Bware of the Church, and 2023 was busier than ever. They hosted a hugely successful QUSZ Nlght. as well as an Easter Basket-making V￿rkshop in the Church Barn. with the support of Sally Batey, a member of our tongregation and a skllled plants-woman who vrds happy to show peop￿ how to prepare a spring flowering tub. The Spring plant Sale in May was another brilliant success, firstly bècause so many people joined us from the wider community. many Df whom asked rf it would be an annual event. In addition to this, The Frlends were dellghted to have received 50 many donations of plants to sell from members ofthe congregation and from local people, many of whom we had not met ithre. Thomasin Trezlse returned to gi¥e another concert perfomiance in Julyi which was enjoyed by all who attended. Thomasin sang a range of music from opera arias to song5 from the muslcats. Opening the church for the annual Herltage Open Days on the 16th and 17th September proved very popular and was an opportunity for both local people and visitors to see the church, leam more about the history and enjoy refreshments in the Churth Lounge. It is always a very positive and enjoyable experlence when members of the congregation come together. THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF PATCHAM ALL SAINTS, DIOCESE OF CHICHESTER TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 The Frlend5 held an Open Arts and Crafts mornlng again on 2nd Oecember 2023. More crafter5 booked this year, as well as artists and therefore a lot more affordable items were avallable. This was an ideal opportunity to meet people in the local communlty. A soup lunch was offered this yèar In addition to the mulled wine, soft drink5 and Min￿ pie5. This proved very popular with those who came along. An evening of sea shantie5 With the Wellington Wailer5 booked foroctober had to be p05twJned until january 2024. The event was fully booked, and guests waited in antiapation forthe new date. In addition to events, commbttee Membe￿ of The Friends met Anthony Meadows. a local antique furniture restorer and Pdtcham residen¢ to examine the churth chest. Anthony kindly offered to restore it free of charge, and Friends will only need to pay for replacement materials. We are very thankful for Anthony's willingness and expertise. We are thankful that Michael Kalkbrenner, a Friend of All Salnts and graphic designer. has knndly used his e¥pert15e to design our posters and flyers. Ba LL£toddler group met everyThursday in term time in the Bam wlth 6 regular volunteers, welcoming 20 frdmilies per week. Each week the children enjoyed playin& headng a story and singing songs. induding songs about God. The parents. grandPa￿￿ts and (3rer5 enjoyed engaging with thelr chlldren as well as having a hot drink and a blscuit and a ehat with others in a similar STtuation and with the volunteers. Thls year we were also able to offer activities for okler siblings on the day5 when schools were closed due to teacher strlkes, whid) was massively appreaated by the parents who attended. Making and launching bottle rockets from the green outside went down very well with all I In July, we had two chlldren 'graduate' from Barnacles to start sthool and we gave each one 3 Jesu5 5torylJook Bible. We had a number of new babie5 bom into the 8roup as wèll as a number of young babies slarting to come regularty. A number of Barnades families had their children baptised. and one family stsrted attending Church on a Sunday regular￿*. We asked the famllie5 to gbve us feedback They described Bamades as 'welcomlng. Inclusive, and discrèetly orEanised' They said You feel you are valued. especially when you celebrate eath child's birthday., They commented 'Becau5e cost is low it helps to be more accessible when we are all faced with financial constraints. Ir was another fun year at DnyJots seeing our regular children growtng in cunfldence and engaging so well with one another and the acti¥itie5. It was also lovely to see the 'mums' supporting one another and making firni friendships. During the year we welcomed three new babies, some new regulaT5 and occasional wsits from grand-parents and dads. Chrlstmas Tots was a highlight. wlth Christmas craft and songs, and a visit from our spedal'bearded, guest with hi5 sack of giftsi It's heartwarming to know how appreciative our regulars are. and what a difference Tots makes to thelr weeK and so encouragin8 to keep connection wth some'past, mums who pop In for a chat and coffee. "Me und myson abs(JJutefy love comlng" e lookfvrword to it every week...couldn't be mode tofeel rnore welcome" "My duughter (9 mths) obsolutely loves thesinging and story time" "Jasperloves Tlny Tots.. he colls it singing pluygroup.. ° "The ladie5 who run the group oreamozin It's ourf(7VOUrite playgroup" THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF PATCHAM ALL SAINTS, DIOCESE OF CHICHESTER TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 DECE141BER 2023 The Lunch Club at AS￿nsIOn operated monthly throughout the year. Many thanks to our local butcher, Trevor. who continued to pro￿de a discount Dn our orders. Our overall numbers attending the monthly meal increased during the year to over thirty attendees. Our special Christmas elebration meal continued to be the highlight of the year. °Marpy thonksfvrall your kindne55 in 2023" °A big thankyoufvr allyour hard work this yet7r- Yhonk youfor the super lunches ondcompany- The coronation of King Chades111 in May 2023 provided an opportunity for us to throw a party. We welcomed our neighbours who live around All Saints.. wr(h homemade cakes and hot drinks on offer. as well as Eames, crafts and fa￿ painting for children, we made lots of new connections with people In our area, particularly those who live in the row of cottages on Church Hill. ovo At All Saints., regular hlrers, chlldrens birthday parties and groups such a5 Barnacles, Brownies, Rainbows and Good News for Éveryone continued io hire space. Our ha115 were a150 used by frdmllies and friends following funerals. thanksgiving servlces. bapt15m5 and other life events. As￿s1o￿. In addltlon to our loyal and regular hirers, it was a pleasure to welcome more U3A actrvity groups. We always valued the close relationship we have had with the Westdene community. Owing to some Structural building issues which emerged at the Bam ear￿ in December, we were able to offer many of their regular customers refuge until the building was safe to use again. Overdll. our revenue increased during 2023. Su ortln kin to ulleviote romote the Gos el I 11 andu rood Church Members contlnued to be Involved in BHCM Foodbank helping to collect food and delNer parce15 to those in need. There were drop-off points for donatlons in both churches and our congregations continued to be very generous. Both churches contlnued to SUPPOrt a variety of outreach projects through mission agencies in the UK and overseas. CMS (Church Mission Soclety). Tearfund. Release Intemational, Hope Home lan orphanage In Tanzanial, and Blshop Bismark in South Sudan. Local Brighton aEencies that we supported financially were: Off the Fence {worklng with homeless. vulnerable women and children and educatlonl Brighton and Hove City Mission IprovidinE a food banL schools work and outreach into rest homes) The Gathering Place (Foodbank in HollinEbury} Other supported UK organlsations were: Good News for Everyone {fomierly Gideon51 Bible Society CPAS lour patrons) In addition to our flnancial giving to The Gathering Place, we provided 100 'Bags of Love,, filled with Christmas food and treats, for distribution to those in need with Hollin8bury. THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF PATCHAM ALL SAINTS, DIOCESE OF CHICHESTER TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 The Parochial Church Council IPCCI is a charity reElstered wth the Charity Commission as required by the Charities Act 2011. Its goveming document is the Parochial Church Councils (Power5} Measure 1956. Membership of the PCC is determined under the Church Representation Rules and consists of certain ex-officio members Ithe incumbent. assistant cler8y, lay readers, churchwarden51, members of the Deanery, Dlocesan or General S￿0d$ and member5 of the church who are elected at the Annual Parochial Church meeting IAPCMI. Parish Members are warmly encourage(I to stsnd for electlon to the PCC to give a balance of gender. skills. and experience where posslble. Official Membership of the Church is gNen by the Electoral Roll although all are invited to join our services and activitie5. The Electordl Roll figures at the end of 2023 were 144 members. The full PCC met eight times duringtheyear injanuary. March, April. May,June, July. September and November. The Annual Parochial Church Meeting IAPCMI w35 held in April. The PCC delegates day-to-day fabrfc Issues to the Fabric Commtttee who are authorlsed to spend within agreed budgets and single item expenditure limit5. The Fabric Committee ensured ￿gUlar malntenance needs were met and advised on potential problems. It also researched and advised on suppliers and letting contracts. The PCC Treasurer role became vacant in January 2023 followlng the resignation of the Treasurer and jody sharp. Churchwarden. covered the post until the next APCM. and was then voted In to continue in the role. The PCC rewewed the Safeguarding Policy. This was done in November and updated to include lètest guidelines from the Diocese. The PCC also complied with section 5 of the Safeguarding and Clergy Dlscipline Measure 2016 (duty to have due reeard to House Df Bishops. guidance on safeguarding children and vulnerable adults). PCC members have been circulated with the Parish Safeguarding Handbook. A5 15 required, both church websites have a link to safeguardlng on their front pages. The Health and Safety policies for both churthes were updated as necessary during the year. The full accounts and notes are Set out in the attached pages 12 to 21, Unrestricted Income for 2023 vras £149.098 compared to £149,788 in the prior year, a decrease of £690. Unrestricted legacy income, grant income. planned giving and tsx recovered were down compared to last year. Thls is mostly offset by increases in one-off donatlon5. ￿5h collertions, hall letting5 income. rent. and income from actiwties. Unrestrlcted expendlture for 2023 was £121,304 compared to £160,266 in the prior year. This drop in unrestricted expenditure of £39,1￿ was mostly due to a decrease in our parish contribution of £58,(NJ) and clerEY Costs of £2,IXJO offset by increases in ministry costs, church running costs, chureh Services and worship costs. major building repair costs and governance costs totslling around £1s.(xJo. io THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF PATCHAM ALL SAINTS, DIOCESE OF CHICHESTER TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 The Ststement of Financial Actiwties Ilncome and Expenditure account) showed that we ended the year with a surplus of £27,794 Iprlor year deficit of EIO,4781 from our unrestricted funds before galns and losses on Investments. In 2023, we started to recelve restricted Strate￿C Development Grant Funding from Chlchester Dlocese, which covered set up and salary costs for the wrpose of rewtalising the Parish of All Saints. Patcham. We also r￿1Ved a restricted grant of £3,[￿￿1 from the Church Revitsllsation Trust and a £I.￿0grantfroM St Matthias to help withAlpha costs. Our total funds stood at £1.820,977 at 31 December 2023 compared to £1,772,508 at 31 December 2022. Our Increase in funds was due to Thet Income increases from both restricted and unFestricted funds of £32,034 and unrealised gains on the rewdluation of investments of £16.435. Property and shares rep￿sented 92% in value of the total funds. The PCC Re5erve5 Policy is to hold general re5erve5 of a minimum of three months normal worklng expenditure together with an additional reseNe, as a deslgnated fundi primarily to meet exceptlonal expenditure, or unexperted building mainlenarKe or improvement costs. Our General Fund at 31 December 2023 stood at £110.778 and complied with this policy. Acknowled ements Thank5 are due to 50 many people at both churches who wlllingly have given of their time helping to make things happen, whether it is running and helping wlth all the various groups and activitles. playlng music. welcoming people into the churches. serving teas and coffee5. keeping all pastoral contscts, helping to dean. DIY jobs, overseelng fabric repair5 and maintenance and ènything in between, thank% to alll Thank you to the Rev'd Caz Dunk for contlnual support and ministry among us. Also thank you to Lauren Sheath as Operatlons Manager, to Jody for overseeing our finances, to Kim for leading and preaching at our services, to Bev for leading. to all volunteers and to the PCC members as Trustees for their time and commitment. And a special thanks to our warden5. Jody and Olive, for all the dedlcation. hard work and support given. The Trustees, Annual Report was approved by the PCC and signed on thelr behalf by The Rev'd Tom Holbird, PCC Chalrman Date.. 22 February 2024 li PAROCHL4L CHURCH COUNCIL OF ALL SAINTS CHURCH. PATCHAM STATEMENT OF FINANCIAL ACnVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 TOTAL Unreslri(*ed RestriGted Endovrnent FUNDS FurKIs Fur¥ts Funds 2023 TOTAL FUNDS 2022 Notes Income and Endowments from: DOn&t￿nS and legac￿$ Chaitable Investments Oth8rtrdding octivit Other￿Ceipts Total Incom 90,216 1099 16.362 39,963 458 149.098 64.643 2,920 1,116 151869 5,019 17A78 39.963 683 111,474 2¢ 2d 2e 17,867 36.705 2,831 169,723 225 68,904 218.002 Expondlturo on: Cost offftlsing fvnds Charfable actwit￿$ Olhertradlng acbviti&s Total expendlture 2,351 J.673 19,280 121.304 2.361 164,059 19.568 185,968 2,287 150.824 16,114 169,225 64,386 278 Ngt Inwmg119xpondknrg1 bgforfj galns and losses on Investments 27.794 4.240 32,034 AÈt un￿a￿sed gains on inveslmentpmpgrty Net unTr8li88d gains (or1￿￿es) on Net Income or (net oxpendlture) Transfers bètween funds Net movement In funds 80,000 123,2031 57,295 12.975 40.769 3,460 3,460 16.435 48,469 4.240 40.769 4240 48,469 57,295 Reconclllallon of funds: Totsl fvnds brougm frmvrard at 1 JaNpry 2¢y23 1,716.405 18.817 37,286 1.771608 1.715.213 Totsl funds carrled forward at 31 Decembor 2023 1,757,174 23,057 40.746 1,820 977 1.772.508 The 8ccompanwng notes form a part 0fth￿ financ*1 Stat￿ernts. 12 PAROCHIAL CHURCH COUNCIL OF ALL SAIMTS CHURCH, PATCHAM BALANCE SHEET (also known as Statement of Flnancl•l P951tk•n) AS AT 31 DECEMBER 2023 Tolal Funds 2023 Total Fu￿S 2022 Tangli )le assets Investment prop Endowad Inv8stments Total fixed a55ets 980,093 600,000 40.746 1￿20,839 981,301 500,000 1,518,587 Debtors Investsnents Cash al bank and in hand Total Current assets 163S 149.832 2,612 136,857 117,525 256,994 315.676 Credltors: amount8 fallit¥J (kne writhln one Jfjar Net current a8sots 300,138 253,921 TOTAL AssErs 10 9n 1,772,508 Tha funds of the charlty: Endowment funds 11 40,746 37,286 Rostrfctsd funds 11 23.067 18,817 Unrestrlcted funds 11 1,757,174 1.716,406 Total charlty funds .820.977 1,772, This Annuai Financial Report, fr)r the ye¥ eAKled 31st Decembw 2023, ind￿1n9 the notes follo￿1n9, Wa5 a￿rOVed by the Parothal Church Cojncyl and signed on its bah￿1 by Chalmian Date: 22 February 21Y24 The 8txompany*ig notes a part of tr￿e finaThial slatement& 13 PAROCHIAL CHURCH COUNCIL OF ALL SAINTS CHURCH, PATCHAM NOTES TO THE FINANCIAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 1. Accountlng pollcles a Accountlng convenllon The financial ststements have been pwared in accI)rdw￿e *ilh the Chwch Acco￿tIng Regulatpjns 20C In accordan¢* wrth app[￿ble accounting Standards ￿ the ￿rrent1201S) Slatement of Recommended Practic6, Accounting and R8POrtirKJ bycharities SORP {FRS 11r2). The ffinanc4al stalement8 have been wyed underthe hist(¥lcal cost L¥)nvention as by the inclusion of investments al marl(et val￿. The fmncHI statements indude al transactions. assets and liabil￿e5 for vthich the PCC 18 responstle in They do Mt i￿lUde the aecount5 of thurch groups thai owe their affiliation to another t￿￿, r￿1 t￿l8e ￿lch are infomial gatherings of church members. b Funds accountlng Funds held by the PCC are.. un￿Strib￿ad fundg . gewal fur¥Js te us&1 for PCC ￿dIn¥Y purF>J8es Deslgnatedfunds - Mon￿ set aside Lry Ihe PCC outof unrestrKAed fuThJs for fuiwe purposes or proj8Cts. Resfrrcled fvnd% . a) income from trusts w wKkwrtnentsvA*h may be exwided only on those restric￿1 c+Jjects provided in the terms of the trust or Wuest: b) (knations ￿ grants received for a speafic object or invited by the PCC for a spectfjc oliect The fuThts may onty be expe￿ on the spocific 0￿e¢t for which they ￿Te given. Any ba￿￿n￿ remairuryJ unspert at the end ofthe year is earrpd fowd as a baance on that fund. Efftlowmenl fun(ts - fLnd$ the ¢aptal must be m&nlain&J: onty intome ori&rvJ from the Investment ofthe endO￿lent m8y be Ltsed. th as restricted ￿ unrestrided fur¥Js. depending the rAJrpose set ¢wt in the terms of the c¥iginat endo￿0 Incomlng resources AJI incomiThJ resowces are a￿Oun￿j fcf w. Donabons and legacles CoKeGti()ns are recognised when Tecev4&1. Plannod gfvlng recefvable Is recogni5ed wthen there thid8rKe of entitlement. recept i% probabk. and t amount a(£ords wth the Gift Aid declaration c* other re￿a of intention to donate. Gift akl mcovernd Is recognised vtsn the income to 15 attached is recogniseAI. Grants and legacies are recconised the f(Ym* offer n y￿lting of the funding, is recefved bythe PCC. Incoffte from Inveslments Diwdends are accounted fcrwhen due arnl twatAe. Interest enbtknients wiunt&l for as they awue. All olherlncom All other income is recogn￿1 kn it recwrnb￿. Galns and losses on Investments Reali*J gains are recryni5ed Ihe iweslments are scld. Unrealised gairts and losses accoun￿ f￿ on revalu*wJn on 31 De￿Mbar. 14 PAROCHIAL CHURCH COUNCIL OF ALL SAINTS CHURCH, PATCHAM NOTES TO THE FINANCIAL REPORT (contlnuedl FOR THE YE4R ENDED 31 DECEMBER 2023 d Resources used Resource5 expended are ac￿￿tted for on an awuais basks and are accoun￿ fL* gross. Grants Gran18 and donations are aCc￿ed lor*lHI p8id over. or ￿rded %there th8 awwd creates a bindkng o￿lgatiOn on the PCC. Chukrh Acuvftles The di0(￿n parish contrityJtion is accounted for when pwd. Any parFsh cnntribu1lc￿ unpald at 31 Decembor is provided in these ￿(XM￿ts as an operational IlhoW rv)t a ￿9all liability a￿1 Sho￿ as creditor in the balance sheet. e Flxed Assets Fr88hdd prop8rti8s 0￿d by1he PCC arKI used ID further its t￿￿￿¥85 are Stat￿ at oisL Tanglble ffxed49ssets Con8ecrated and benefJc8d prc*￿tyof ￿ kk)d Is exduded from Ihe accounts by &96P) of the Charitios Act 1993. Movable church fvmishing held bythe Vw and ChLthrd8ns on swal trust for the PCC and w1)￿h require a facuty for disposal, we accounted as wwlEnable F￿Fety unless consecrated. They ar8 listed in the churth's imientory which c8n be inspe￿ed we included in the accounts. For other property acquired priorto 2001 there 1$ insufficiert cost Infomiation availalAe and therefor& such assets valued in the accounls. Indmdual items acquired gnce 1 Januw 2001 valued over £2000 have l￿en cap¥tali8ed in the accomts and depraciated ovw thek Ltsebjl economic lile. All expenditLre con5ecTated or tr￿8￿ced buiklings arKI iNfNhJual item$ costing under £2000 ar8 off in lh8 wr they were incurred. Deprecladon Depreciation is calculated to WTitp Ihe cost of fixed assets, exdudirKJ freehohj properties, overtheir expected useful INes. The rate5 genW a￿￿le we: Fixtures and ffittirKJs Computer equi￿rfn￿ 25% straght Ilne 33.33% strabJht line No deptecialion Is promded on freehold property a5 it is the PCC'S powto maintain the8e assets in a COn￿nUal state of sourKI repair. The useftjl ecor￿n[C lrfe of these assets is 50 long resldual valu85 so high that any d@tnryalion ¥•*)￿d not be material. These assets wll b& subjed to annual impaimienl reviews. ProM8ion ￿11 be made rfth¥e has been any pwmar*rt dimwiulion n value. Investments, uKludiw investsment KKowties. ¥e slated at market value at the baance sheet date. f Current Assets Amounts oNrg trj the PCC at 31 December li resp￿ offees, rents or other inr￿le are Sho￿ a5 debtors prowsw)n for amounts that may prove Unc￿￿*￿. 15 PAROCHIAL CHURCH COUNCIL OF ALL SAI1￿& CHURCH. PATCHAM NOTES TO THE FINANCIAL REPORT l¢ontlnued) FOR THE YEAR ENDED 31 DECEMBER 2023 2 Analy818 ol Income and endO￿onts. TOTAL UnYÈstsid￿l Re6trKted End(￿￿￿ent FUNDS FuThls FurKIs Fund5 2023 TOTAL FUNDS 2022 Plannod giwng Cash Collection$ al sgN other donations Appeals tsx recoverable Legades Grants Donallons andl8gael•s 65.391 3,158 5,541 65,391 3,158 13,131 2.129 18.065 66,991 2,610 6.588 617 19,668 13.( 7,5 2.129 2.078 15.987 52,985 154,859 J,216 64.043 111.474 Fund Raislt¥J Evan1$ Churth events, actiwties and courses Charitsbl• a¢tivitle¥ 2,920 2.920 2.099 5,019 2.920 DNidends and interesi Rent InvosthJ8nts 1.116 5.554 5,337 12,330 17.667 11.924 16,362 1.116 17.478 Church fr*ll et¢ Fees from weddin9s etc Rent from leThporaiity vacant propeities Other activities Othw tr•dlng a¢tsviti•s 19.528 19&26 2A65 17,922 so 39.963 17,302 2.182 17,221 17.922 36,705 GTrnts Other irKome 2.304 527 2,831.00 683 458 Total recelvgd on all fun(t8 149.098 218,002 16 PAROCHIAL CHURCH COUNCIL OF ALL SAiiifs CHURCH. PATCHMI NOTES TO THE FINANCIAL REPORT (wntlnued FOR THE YEAR ENDED 31 DECEMBER 2023 3 ADalysEs of expgndlturg on: TOTAL Unrestrictgj Restricted EThj￿)ert FUNDS FurKIs Funds 2023 TOTAL FUNDS 2022 Rental costs Cost of raising funds 2,351 2,351 2,351 351 2.287 Missionary charitable gr¥ing'. Tithed Giving other Giving Diocesan parish contribution Other clergy costs inc tralning oth8r stsff costs Ministry costs, exd staff Church services and ￿[ShiP Church funning expenses Church maintenan Bjor repair works Govemance costs Depre￿allOn Bookstall Fund R8islng events Charitsble act1￿￿0$ 7.900 7,900 10,119 51367 7.309 39,023 1241 3.158 28,707 6.075 7,478 110,000 9,342 10,119 52,367 171 1,186 3,158 17,833 38.852 1.055 1,208 10,562 1,955 1.892 554 1.209 134 309 150,824 8.874 5,976 1,537 1,208 4.805 10,781 1.537 1.208 6B1 164.069 99,673 Church hall runring costs Investment property costs Other trading artivities 18,832 448 19,280 278 19,110 14.377 278 19.5S8 16,114 Total expended on all funds 121,304 64,664 185.968 169,225 17 PAROCHIAL CHURCH COUNCIL OF ALL SAINTS CHURCH. PATCHA41 NOTES TO THE FINANCIAL REPORT {¢onllNed) FOR THE YEAR ENOED 31 DECEMBER 2023 4 Staff costs 2023 2022 a RwMinwxtt*)n Wages and salaries contri￿1[0￿ lo defir￿ ¢))rrtribut￿ wsion sthem& 37.￿3 The average number ofenwloyees thrfng ￿7(KIwaS 112022: No staff member r￿￿e￿ remun8r8llon In èxiw Of£e￿.(x)0. Clergy (rffi¢a hold￿ and their ￿￿t$ we In the an￿UrtS pa¥1 lo the d*M*Se. b Payments to PCC momlje No trustee has renA￿￿ratIOn or otsr ber*frts fr(xn Ihe tharity. ExFenses re￿burS0d or inojrred relatiNJ to travel and Subsisten￿ ci*ts by one} trustee ar[KX]n1￿ to £19) {￿Y £1841. 5 Flxed Assetg Freehdd land Leasthokj latml Cmrth and ￿￿k11ng5 bjhjir￿ 4uipmpnl TOTAL a Cost At 1 January 2023 A