## **Trustees Annual Report and Accounts** ## **of** **The Parochial Church Council of the Ecclesiastical Parish of** ## **Chanctonbury** ## **Comprising the churches of St Peter and St Paul Ashington, St Mary’s Washington, and All Saints Buncton** Registered Charity no. 1132309 ## **For the year ended 31st December 2022** ## **CONTENTS** **Page** _**2-8**_ **Trustees Annual Report** _**9**_ **Statement of financial activities** _**10**_ **Balance sheet** _**11-21**_ **Notes to the accounts** _**22**_ **Report of the independent examiner** The Parish of Chanctonbury, part of the Diocese of Chichester within the Church of England _Correspondence address:_ Church Office, Penmaen House, London Road, Ashington, West Sussex, RH20 3JR _Incumbent:_ The Reverend James di Castiglione _Independent Examiner:_ Jackie Irvine-Smith of Independent Examiners Ltd, Unit 2, The Broadbridge Business Centre, Delling Lane, Bosham, PO18 8NF _Bankers:_ Lloyds Bank plc, 41-43 South Street, Worthing, West Sussex BN11 3AU **1 |** P a g e A N N U A L R E P O R T A N D A C C O U N T S **The Parish of Chanctonbury** ## **Trustees Annual Re ort for 2022 p** ## **Aims and Purpose** The Parish of Chanctonbury consists of the parish churches of Ashington, Washington and Wiston-with-Buncton, and comes under the Rectorship of James di Castiglione. We are a growing family of Christians longing to see the presence of God transform our land and the communities around us. Our churches in Ashington, Washington and Wiston, are each different in style but united in heart and mind. Our heart is for each and every person to experience the reality of Jesus Christ in their lives, knowing the joy, hope and freedom He brings. We dream of a future where Jesus’ prayer of “on earth as it is in heaven” becomes our present: we’ve called it ‘2033’. Between our churches, we aim to provide regular Sunday Services, with active youth and lively children’s work. In addition, there are smaller groups called Kingdom Family Communities, a healing centre, midweek Holy Communion as well as other midweek activities. In 2022, following the relaxation of COVID controls, we continued with our increased number of five regular Sunday morning services: two at each of Ashington and Washington, and one at Buncton. We are involved with the local community in a number of ways. We employ a Head of Community Outreach, which oversees our outreach and involvement in the local communities. We also employ Children’s and Youth Workers who serve within our churches and local schools. We organise two toddler groups that meet regularly. We offer financial support from our Hardship Fund, which includes “The Storehouse”, a local foodbank service to help ensure no one goes hungry in our area. Our heart is to see God’s Kingdom expand and bring blessing and transformation across the world and we partner with other groups in the UK and overseas to fulfil this aim. Everyone is welcome at any of our services, whether they come from a place of strong faith, numerous doubts, or no faith at all. More information about The Parish of Chanctonbury can be found on our website: www.chanctonbury.org.uk. As we focus our efforts towards seeing God bring ‘2033’ to life amongst our churches and in our region, we do so with five core values in mind to guide and direct the way we operate: 1. **All Glory to God.** Life begins and ends with God – it is all for Him and in response to His goodness. Our great privilege is to worship Him when we gather and when apart, in song and in lifestyle, in Spirit and in Truth. We worship the Lord for who He is, honouring His worth, magnificence, majesty and beauty. He is our everything. In Him we live and move and have our being. All things come from Him, and of His own do we give Him… (Exodus 20:1 – 3 // 1 Chronicles 29:14 // Acts 17:28 // Revelation 4:11) **2. Heaven is Here.** Father God inaugurated the Kingdom of Heaven on earth through the events of Jesus’ crucifixion, resurrection, ascension and giving of the Holy Spirit. Jesus’ return will fully and finally realise the consummation of His Kingdom on earth. Until that day, we live joyfully expecting His Kingdom to increasingly grow and break into life as we know it, proclaiming its arrival and emergence: Heaven is here! (Genesis 1:26 – 28 // Mark 1:14 – 15 // Matthew 10:7 – 8 // 1 Corinthians 15:24 – 28) **3. Revival Starts with Me.** God has reconciled all things to Himself through Jesus Christ. We are ‘’revived’ into newness of life as we repent, die to ourselves, and allow Father God to fill us with the resurrecting life of His Son Jesus. We take personal responsibility for our spiritual growth, knowing that the world is transformed one surrendered heart at a time. (Exodus 34:12 – 15 // Matthew 16:24 – 26 // Romans 8:11 – 17 // 2 Corinthians 5:19) **4. People are Precious.** Every person matters to God and to us. Real friendship looks like being ‘extended family’. We always believe the best, outdo one another in showing honour, and overlay love in all things. (Isaiah 43:4 // Romans 12:9-21 // Colossians 3:12-17) **5. To the Ends of the Earth.** Jesus has sent every disciple on mission through the Church to the world: to make disciples of all nations, to proclaim and demonstrate the good news of the Kingdom, and to be His witnesses to the ends of the earth. As we gladly care for the poor and marginalised, and as we share Jesus with all people, we will **2 |** P a g e A N N U A L R E P O R T A N D A C C O U N T S not stop until the whole world knows the good news and the kingdom of this world has become the Kingdom of our Lord and Messiah. (Isaiah 60:1 – 3 // Mark 16:15 – 20 // Acts 1:6 – 8 // Revelation 11:15 – 19) ## **Objectives and Activities** During 2022 we pursued deeper roots in God through the Word, prayer and His presence, incuding 40 days of prayer and fasting, outdoor celebrations as a family across the three churches, and encouraging everyone to serve wholeheartedly on Sunday teams and in other ministries and outreach. We also continued to develop and grow our ministries in Pastoral, Kids, Youth, Community Outreach, Prayer and Worship. ## **Key Activities, Achievements and Performance** We were so grateful to be able to continue regular in person services and other meetings and interactions during 2022, after the previous two years of COVID restrictions. We also continued with five Sunday morning church services each week in order to accommodate the growing number of attendees. ## **1. Leadership and Organisation** Senior Team: James & Lou di Castiglione, Senior Leaders Paddy Donovan, Curate Andrew White, Head of Operations Andy Storey, Youth Pastor Holly Draper, Head of Kids Nick Taylor, Head of Community Outreach In addition we are blessed to be supported by a number of clergy. - Paddy Donovan continued in his three-year curacy in our Parish. - Rev. Ed Quibell continues to be licensed to Chanctonbury as an Associate Vicar. - Patrick Pearson-Miles continues as a curate in Chanctonbury Parish. He and his wife, Philly, lead the Chanctonbury Healing Centre and have particular oversight of St Mary’s, Washington. - Rev. David Ingall regularly preaches at our church services. In September, Rev Jim Waddell’s tenure as Associate Vicar came to an end. We are very grateful to Jim for all he invested in and contributed to our church during his four-year tenure, and we wish him and his family all God’s blessing for his future. The senior team, clergy, churchwardens and PCC members, all work and pray together to discern the will of God. They work together to ensure our church is spiritually nourished, as well as prayerfully and efficiently managed and governed. During 2022 we engaged a human resources consultancy to help us carry out a full review of our employment policies, processes and procedures, many of which have already been implemented. We also undertook a review of our governance processes and will implement the conclusions from this review, along with any remaining human resources conclusions, in 2023. ## **2. Our Strategic focus during 2022** As our church attendees continue to grow, two key areas of focus for us were maintaining our church unity and helping everyone to connect with and be supported in smaller communities. We held three parish wide gatherings, which we call “Chanctonbury as One”; one on the Washington village green during the Queen’s Platinum Jubilee celebration, one on Chanctonbury Ring, and one on Ashington’s recreation ground. We also invited everyone in our local communities to come along to these free events, which offered family entertainment and refreshments as well as worship and baptisms. We reviewed and invested in our processes for welcoming newcomers to our church, to ensure new people are quickly able to feel part of our Parish and our mission. Also, in the autumn we relaunched our small groups, which we call Kingdom Family Communities. Over 320 adults signed up, and we now have 13 of these groups in operation. The leaders of each group are supported by “Leaders’ Pastors” to give them pastoral and other support as needed. Due to the gaps in some of our senior roles, we needed to slow down or put a hold on the new strategic objectives that we had planned. We will revisit these once we are more fully resourced to do so. **3 |** P a g e A N N U A L R E P O R T A N D A C C O U N T S ## **Other Church Activities** ## **1. Church Attendance and Worshipping Community** We have again seen growth in our church membership and giving income during 2022. Average in-person church attendance figures in 2022 across the united Parish were 345 adults across the parish weekly (2021: 314). One of our weekly services at Ashington continues to be streamed online, and we continued to reach a wider audience through this means.. Approximately 240 people access our streamed online services on average each week. We welcomed 113 new people to our worshipping community in 2022, compared to 162 in 2021. The Electoral Roll stood at 268 at the end of 2022, compared with 274 at the end of 2021. ## **2. Youth Work** 2022 saw a change of leadership for our Youth work. Jonny Fossey moved on in June. We also saw Jack Roberts complete his three-year youth placement at the end of May. We are very grateful to Jonny and Jack for their leadership and for all they invested in our young people during their time with us. During the summer two of our previous interns, Samuel Hopgood and Gemma Legg agreed to step in as interim youth leaders. Then in August we were delighted that another former intern, Andy Storey, was appointed as our full time Youth Pastor. During 2022 between 40 and 60 young people regularly participated in church activities. And once again around 40 young people and leaders attended the DTI (Dreaming the Impossible) Youth Festival during the summer, which was followed by a Home Mission back in Ashington. After the COVID restrictions of the previous two years we have joyfully been able to gather together again and to reach out to our local community in support and availability in various needs. From home-cooked dinner games nights, to a drop-in youth cafe in the local village, deeper dive bible-studies and interacting with local schools in the area, we have been able to reach out to those around us and offer support, community and encouragement to the young here. We are so excited for 2023 and to witness the amazing possibilities that God is able to do in our lives and those around us. ## **3. Children’s Work** Holly Draper continues to lead our Kids Ministry and increased her hours to full-time in May 2022. In 2022 Kids Church on Sunday successfully continued its increased provision of groups at both 9 and 11 services at Ashington. An average of 50 children attend church each Sunday, with 75-80 ‘on the books'. Despite the turnover of volunteers available, the kids' team has also slightly grown by the end of the year. Chanctonbury Kids have enjoyed several fun events including the first Kids Takeover service in May, the first Summer Conference, street preaching, eco-church summer sessions, family picnics and a light party in October. In partnership with Nick Taylor (Head of Community Outreach), we co-led an Easter Holiday club, an October holiday club, two Christingle Cafes, and a Nativity Adventure, all of which were a huge success and increased engagement with our local communities and schools. In September 2022 we welcomed Poppy Smart as a ministry associate who is serving 15 hours in Kids Ministry and 15 hours in other areas of ministry (Storehouse, Youth, Shining Stars and personal studies/development). She has been a wonderful blessing and support to Holly and the Chanctonbury families and children. ## **4. Pastoral Ministry** Lou di Castiglione took on the overall leadership of this ministry following Jim Waddell’s departure. We have continued to review and develop our pastoral structures and teams which include our Kingdom Family Communities (KFCs), Healing Centre, parish visiting team, hardship fund and more. We completed the training and developing of a team to offer "Sozo" ministry. We continue to support a chaplaincy at a local surgery accessed by many in our parish. At the end of 2022 we relaunched and increased the number of KFCs and we strengthened our pastoral offering through Diocesan training, and increasing the number of team available. ## **5. Worship** During 2022 we have continued without a Head of Worship in place. The Senior Management Team have continued to oversee the worship ministry and our strong and dedicated volunteer team of worship leaders, singers and musicians. We were very pleased that in November Liam Jackson agreed to take on the role of interim Worship Leader for Ashington. We will continue to review how best to manage this very important ministry during 2023, within the resources we have available. **4 |** P a g e A N N U A L R E P O R T A N D A C C O U N T S Sound and production are an important part of our worship ministry, and we were delighted that Jacob Jenkins was appointed into the part-time role of Production manager from August. Also, towards the end of 2022 we carried out our planned upgrade of sound and projection facilities at Washington Church. ## **6. Prayer and Intercession** In 2022, we passionately pursued a greater depth in individual and corporate prayer lives, encouraging each member of the church, no matter the age, to participate and grow in prayer and intercession. The 40 Days of Prayer and Fasting held in Lent 2022 was an important catalyst for new weekly prayer meetings to begin, which have continued on throughout the rest of the year and into the future. These include two gatherings on a Monday evening focused on intercession as well as a Tuesday morning Zoom call for revival prayer. These prayer meetings are led by trusted volunteers and have been vital to the increased strength we have in prayer. We continue to offer one-to-one prayer opportunities as needed as well as making individual prayer available with someone on the prayer team at each of our five services on a Sunday. ## **7. Ministry Associate** In September, Poppy Smart was appointed as Ministry Associate. We have moved away from the previous expression of Interns & Year with Chanctonbury. As a Ministry Associate, Poppy works 15 hours with the Kids ministry. She supports and leads Kids Church on Sundays, pastoral support for families, and midweek discipleship groups, to name just a few. She serves another 15 hours in other areas of ministry (including youth outreach, Shining Stars & Storehouse) and personal spiritual development (including mentoring). Poppy is currently line managed by Holly Draper (Head of Kids) and we have been able to find her accommodation within Ashington village which has offered her a full experience of community living. We are still in discussions with the Diocese to become a Ministry Experience Scheme. We are confident that offering a year such as this is a central part of what we do as a church and raising young leaders. ## **8. Community Outreach** Nick Taylor continued to lead this area of ministry during 2022, which saw us continue reaching into our community, looking for ways to serve, love and preach the gospel. We hosted two holiday clubs, one in Ashington church in April and the other in Washington School in October. At each club, around 60 children spent three days in the presence of God having fun and learning about Jesus, and over 30 children said ‘yes’ to make Jesus first in their life. We hope to run two more clubs in 2023. Our two Mission Days were successful in serving our communities - families in Ashington and Washington were blessed by our teams of volunteers who transformed gardens and cleaned houses, while even more people picked litter around the villages and revitalised the Ashington School Prayer Garden. Our two toddler groups continued to run throughout the year, seeing many community families visit and get to know the teams as they were welcomed into a warm, safe space for their children to play and thrive. The Chanctonbury Storehouse continued to deliver essential food items to families in our parish every week. The KFCs (Kingdom Family Communities: our church’s small groups) stepped up to donate food items in the second half of the year when donations were low, which was wonderful to see. In the autumn, we launched a monthly Senior’s Coffee Morning at the church, which is a great space at Ashington church for the older folk in our community to be together and eat, drink and tell stories while being cared for by our team. They run on the last Thursday of each month. In the lead up to Christmas, our church filled 190 shoeboxes with gifts for children in or on the edge of care in West Sussex. We made a real difference to so many families this Christmas through this initiative, and seeing people step up to be wildly generous was a real pleasure. At Christmas, we hosted a Christingle Cafe at each church, attended by over 160 community children and parents. We made christingles, did other crafts, sang carols, heard a talk and prayed together in a beautiful moment. Our Nativity Adventure ran for its third year, and we welcomed around 120 community folk to our interactive Christmas story. A HUGE THANK YOU to the massive team of people that have served throughout the year to make Chanctonbury a church that truly does believe in the great commission. **5 |** P a g e A N N U A L R E P O R T A N D A C C O U N T S ## **9. Chanctonbury Healing Centre** The Chanctonbury Healing Centre continues to be headed up by Patrick and Philly Pearson-Miles. Healing is a large part of the proclamation and demonstration of the good news of Jesus and His finished work on the Cross. Chanctonbury Healing Centre not only provides an opportunity for healing for members of our church family and beyond, but continues to form a part of the church's outreach to our local communities. During 2022, we continued to adapt how we offer this ministry, including teaching on Christian healing, as well as the option to receive healing ministry by phone or video via the Chanctonbury website. We have also doubled our Saturday monthly healing mornings to the second and fourth Saturdays of the month, alongside offering healing ministry at our Sunday services. We continue to be available to minister healing where needed, with all the joys and victories and challenges that this ministry can carry, with a deep desire to be more effective in seeing God’s will done on the earth, knowing that Jesus paid the ultimate price and we want Him to receive all the glory that is due to Him. ## **10** . **External Giving and Mission Support** Financial and prayer support to mission partners and other organisations, nationally and overseas, as well as to people in need within our local communities, continued to be a strong focus for our church in 2022. A Giving Team review and decide upon proposals and requests for who and what we should be supporting financially. In addition, we hold occasional offerings during the year for specific grants. Our Hardship Fund was launched in 2020 and remains a key focus to facilitate support to local people in need. As part of this fund, the Chanctonbury Storehouse (see above), a local food bank, run by volunteers from our church, in liaison with the Parish Council and other members of the community, continued to be a valuable resource. See the Financial Review below for the amounts we have given away. ## **11. Church Building and Fabric** The Joint Buildings Committee oversees all building and churchyard maintenance and improvement, seeking to share expertise across the church buildings and increase efficiency and consistency. All three of the churches have seen substantial developments taking place over the course of 2022. We completed a gravestone review at all three churches, which has seen nearly all headstones restored to their correct positions. A tree survey also took place across all churches, with the final stages of tree work just to be completed in Ashington and Buncton in early 2023. Recent repairs to the roof and walls at All Saints Buncton have contributed to making the environmental conditions much more stable and less damp. Grant applications are now underway to replace the outer doors of St Mary’s Washington and List B permission saw the lychgates replaced. A Quinquennial inspection was carried out at St. Mary's, Washington during 2022 and a report is expected in January 2023. Also at St. Mary’s, we saw the comprehensive installation of a new sound system and projection screens after applying for a faculty for the works to be done. Substantial work is ahead as the boilers at St. Peter and St Paul’s, Ashington broke in the summer of 2022. A full investigation into alternate heating supplies is ahead with the possibility of air source heat pumps or more energy efficient gas boilers to be installed. Also, at Ashington, the vestry bridge has been recreated by a local carpenter, to replace the decayed previous version. ## **12. Environmental Progress (Eden Project)** In February 2022 the bike rack funded by Horsham District Council's Climate Fund was delivered and installed and is now being used by church members and members of the community. All the light bulbs at Washington Church have been switched to LEDs making a positive change for the environment. The children’s church built a bug hotel and a hedgehog house in the Ashington Churchyard to welcome more of the local environment. We used recycled materials and natural materials to do this and we are excited to see how they are used. We are close to achieving our Bronze Eco-Award and have identified the actions to gain a Silver Award. ## **13. GDPR** The PCC continues to monitor compliance with GDPR across all areas of the Parish of Chanctonbury, guided by our data officer, Andrew White. ## **Our Strategic Priorities for the next 2 years, and our focus for 2023** **In the next three years** we will continue to focus on laying the strategic foundations for our journey towards our 2033 Vision: **1. Reviving Leadership** : Focusing our leadership roles around biblical governance that equips the whole church. **2. Reviving People** : Transitioning our mindset and culture to equip in unity “every member” ministry and mission across the generations. **6 |** P a g e A N N U A L R E P O R T A N D A C C O U N T S **3. Reviving Leaders** : Birthing leaders at all ages and levels by growing an “apprentice” culture and clear pathways towards ministry leadership. **4. Serving Where Invited** : Building relationship and partnerships to serve the wider Church where invited, playing our part in the revival of the Church beyond ourselves. ## **During 2023** We aim to fill the remaining gaps in our senior leadership, and continue to consolidate our main areas of ministry, to work within the resources we have available. ## **Financial Review** We have again seen an increase in income from giving during 2022, including from existing givers increasing their donations, as well as from new givers joining our Church. We give thanks to God and to our church community, who give so generously to support all that God is doing within us at Chanctonbury. 1. The total of unrestricted donations and legacies received were £537,000 (2021: £527,000) and are detailed in the Financial Statements. 2. Unrestricted planned giving, which is mainly done through the use of monthly Standing Orders, amounted to £497,000 including Gift Aid (2021: £452,000), an increase of 10%. 3. We aim to give away at least 10% of our regular income. This includes providing financial and food support to our local communities via our Hardship Fund and our foodbank – The Storehouse. We also give financial support to mission partners overseas, and to local charitable organisations in the UK, as well as via special collections and offerings in response to specific needs as they arise. In total during 2022 we granted just over £66,000 (2021: £50,000), which represents 12% (2021: 9%) of our unrestricted giving. This included £15,000 that we carried over from our 2021 commitment. It also included a voluntary additional payment of £7,000 to the Diocese, above our allocated Parish Share contribution (see below) to help support the mission of other parishes that are unable to pay their full contribution. 4. The annual contribution (Parish Share) paid to the Diocese in 2022 was £77,000 (2021: £74,300), plus our additional voluntary contribution of £7,000. The Parish Share covers the housing, stipend and pension costs of our Rector and also a standard sum for diocesan central costs, clergy training and a contribution to national church funds. Following our PCC’s commitment to support the mission of those parishes in the Diocese that are unable to pay their full Parish Share, we are continuing to aim towards a 130% contribution by the end of 2024. So for 2023, we plan to pay £92,000, which is 117% of the Diocese’s Parish Mission Cost. We plan to make a further increase in 2024 in order to get closer to a 130% contribution. ## **Reserves Policy** 1. It is PCC policy to maintain general unrestricted funds (excluding property) equivalent to approximately three months of unrestricted expenditure to ensure sufficient working capital and as a contingency against unforeseen situations. This would require a balance of around £160,000 at the end of 2022. Our actual unrestricted reserves at the end of 2022 were £119,000. 2. It is PCC policy that any monies invested are with the CBF Church of England deposit and investment funds. **7 |** P a g e A N N U A L R E P O R T A N D A C C O U N T S ## **Governance** The Parochial Church Council (PCC) is registered with the Charity Commission as required by the Charities Act 2011. Its governing document is the Parochial Church Councils (Powers) Measure 1956. Membership of the PCC is determined by the Annual Parochial Church Meeting (APCM), with reference to the Church Representation Rules. It consists of certain ex-officio members, in addition to members of the church who are elected at the APCM. Members of our congregation who are on the Electoral Roll are warmly encouraged to stand for election to the PCC and we try to ensure a balance of skills and experience where possible. The PCC for the Parish of Chanctonbury contains elected members and Church Wardens from each of the three churches. During 2022 the PCC met 6 times, with an average attendance of 86%. During the year January to December 2022 the following served as members of the PCC. |_Ex officio members_||| |---|---|---| |James di Castiglione|Rector|| |Jim Waddell|Associate Vicar|Until 22ndSeptember 2022| |Paddy Donovan|Curate|| |Anthony Ray|Church Warden, Deanery Synod|| ||Representative|| |Andy Muddle|Church Warden|Until 28thApril 2022| |James Peill|Church Warden|| |Suzy Rushforth|Church Warden|Until 28thApril 2022| |John Yeo|Church Warden|From 28thApril 2022| |Simon Smith|Church Warden|From 28thApril 2022| |Mark Barrett|Treasurer|| |_Elected representatives_||| |Matt Collison||| |Jenny Meldrum||| |Mark Binney||| |Sue Vaughan|Deanery Synod Representative|| |Kirsty Goring||| |Rod Ewen||From 28thApril 2022| |George Bryans||From 28thApril 2022| |Colin Frampton||From 28thApril 2022| |Kate Deane||From 28thApril 2022| |Hannah Hall||Co-opted 28thApril 2022| Janet Ray served all year as PCC Secretary. **___________________________________________________________________** ## Signed on behalf of the PCC, the Rev’d James di Castiglione **----- Start of picture text -----**
Rector
**----- End of picture text -----**
(Chairman) Date: 20th March 2023 **8 |** P a g e A N N U A L R E P O R T A N D A C C O U N T S ## **The Parish of Chanctonbury** _registered charity number 1132309_ **Statement of Financial Activities** The financial effect of our activities during the year can be summarised as follows: ||**Unrestricted**
**Fund**|**Restricted**
**Fund/s**|**Restricted**
**Fund/s**|**Endowed**
**Fund/s**|**Endowed**
**Fund/s**|**Total Funds**
**2022**|_Total Funds_
_2021_
**_Notes_**| |---|---|---|---|---|---|---|---| |**Income and endowments from:**
Donations and legacies
Charitable activities
Other trading activities
Investments
Other receipts|**£**
537,470
3,818
31,870
811
-||**£**
17,470
-
-
-
-||**£**
-
-
-
-
-|**£**
**554,940**
**3,818**
**31,870**
**811**
**-**|_£_
_548,022_
_7,884_
_6,189_
_729_
_-_| |**Total income**|**573,969**||**17,470**||**-**|**591,439**|_562,824_
_2_| |**Expenditure on:**
Raising funds
Charitable activities
Other expenditure|-
640,132
-||-
12,341
-||-
-
-|**-**
**-**
**652,473**
**-**|_-_
_503,033_
_-_| |**Total expenditure**|**640,132**||**12,341**||**-**|**652,473**|_503,033_
_3_| |Net gains (or losses) on investments|**-**||**-**||**-**|**-**|_-_| |**Net income or (net expenditure)**|**(66,163)**||**5,129**||**-**|**(61,034)**|_59,791_| |**Transfers between funds**
**Other recognised gains/(losses):**
Gains/(losses) on revaluation of fixed
assets
_Reconciliation of funds:_|**-**||**-**||**-**|**-**|_-_
_10_| ||(66,163)
(1,706)||5,129
-||-
(1,624)|(61,034)
**(3,330)**|_59,791_
_835_
_11_| |**Net movement in funds**|**(67,869)**||**5,129**||**(1,624)**|**(64,364)**|_60,626_| |Total funds brought forward|186,464||4,035||13,793|**204,292**|_143,666_| |**Total funds carried forward**|**118,595**||**9,164**||**12,169**|**139,928**|_204,292_| **9 |** P a g e A N N U A L R E P O R T A N D A C C O U N T S **The Parish of Chanctonbury** _registered charity number 1132309_ ## **Balance Sheet** Our financial position and summary of funds at the year end were: ||**Total Funds**
**2022**|_Total Funds_
_2021_|**_Notes_**|**_Notes_**| |---|---|---|---|---| |Intangible assets
Investments
Tangible fixed assets|**£**
**-**
**23,071**
**41,849**|_£_
_-_
_26,401_
_32,065_|_11_
_12_|| |**Total fixed assets**|**64,920**|_58,466_||| |Stocks
Debtors
Investments
Cash at bank and in hand|**-**
**22,656**
**-**
**74,440**|_-_
_17,721_
_-_
_135,252_|_14_|| |**Total current assets**|**97,096**|_152,973_||| |Creditors: Amounts falling due within one year|(22,088)|_(7,147)_|_15_|| |**Net current assets or (liabilities)**|**75,008**|_145,826_||| |**Total assets less current liabilities**
Creditors: Amounts falling due after more than one year
Provisions for liabilities|**139,928**
**-**
**-**|_204,292_
_-_
_-_|_16_|| |**Total net assets or (liabilities)**|**139,928**|_204,292_||| |**The funds of the charity:**
Endowment funds
Restricted income funds
Unrestricted funds|**12,169**
**9,164**
**118,595**|_13,793_
_4,035_
_186,464_||| |**Total charity funds**|**139,928**|_204,292_|18|| |||||| This Financial Report for the year ended 31st December 2022, including the notes following, was approved by the PCC and signed on its behalf by The Revd. James di Castiglione, PCC Chairman: Rector Date: 20[th] March 2023 **10 |** P a g e A N N U A L R E P O R T A N D A C C O U N T S **The Parish of Chanctonbury** _registered charity number 1132309_ **Notes to the Financial Report** ## **1 Accounting policies** ## **Basis of preparation** The charity meets the definition of a public benefit entity within the meaning of FRS102. The financial statements have been prepared under the Charities Act 2011 and the Church Accounting Regulations 2006, in accordance with applicable accounting standards and the current Statement of Recommended Practice, Accounting and Reporting by Charities, (SORP (FRS 102)). The financial statements have been prepared under the historical cost convention as modified by the inclusion of investments at market value and the revaluation of fixed assets. 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. ## **Funds accounting** Funds held by the PCC are: _Unrestricted funds_ - general funds which can be used for PCC ordinary purposes. _Designated funds_ - monies set aside by the PCC out of unrestricted funds for specific future purposes or projects. _Restricted funds_ - a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest; b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of the year is carried forward as a balance on that fund. _Endowment funds_ - funds for which the capital must be maintained; only income arising from the investment of the endowment may be used, either as restricted or unrestricted funds, depending on the purpose set out in the terms of the original endowment. ## **Income and endowments** All income and endowments, accounted for without deduction for any costs of receivability, are recognised when there is evidence of entitlement, receipt is probable, and the amount can be measured reliably. ## **Donations and legacies** _Collections and offerings_ are recognised when received. _Planned giving receivable_ is recognised when there is evidence of entitlement, receipt is probable, and the amount accords with the Gift Aid declaration or other record of intention to donate. _Gift aid recovered_ is recognised when the income to which it is attached is recognised. _Grants and legacies_ are recognised when the formal offer in writing of the funding is received by the PCC. ## **Charitable activities** Statutory fees for weddings and funerals are recognised when the office occurs. ## **Other trading activities** Trading activities are where income is receivable in return for selling goods or providing services. Income from trading is recognised either: a - when received, or b - in the case of specific events, including concerts and conferences: for the year in which the event occurs, irrespective of date of receipt. Advance bookings are included in creditors until the event has taken place. 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 entitlements are accounted for as they accrue. ## **All other income** All other income is recognised in accordance with the above overall policy. **11 |** P a g e A N N U A L R E P O R T A N D A C C O U N T S **The Parish of Chanctonbury** _registered charity number 1132309_ **Notes to the Financial Report** ## **Gains and losses on investments** Realised gains are recognised when the investments are sold. Unrealised gains and losses are accounted for on revaluation at 31 December. ## **Expenditure** Expenditure is recognised when there is evidence of entitlement, payment is probable, and the amount can be measured reliably. ## **Grants** Grants and donations are accounted for when paid over, or when awarded where the award creates a binding obligation on the PCC. ## **Church activities** The diocesan parish contribution is accounted for on an annual basis, reflecting the allocation set by our Deanery. Any parish contribution unpaid at 31 December is provided for in these accounts as an operational (though not a legal) liability and is shown as a creditor in the balance sheet. ## **Fixed assets** ## _Tangible fixed assets_ Consecrated and beneficed property of any kind is excluded from the accounts by s.10(2) of the Charities Act 2011. Movable church furnishing held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal, are accounted as inalienable property unless consecrated. They are listed in the church's inventory which can be inspected but are not included in the financial statements. For other property acquired prior to 1 January 2018 there is insufficient cost information available and therefore the cost of such assets is not stated in the financial statements. All expenditure on consecrated or beneficed buildings and individual items costing under £3,000 are written off in the year they were incurred. ## _Depreciation_ Depreciation is calculated to write down the cost of tangible fixed assets over their expected useful lives. The rates applicable are: Sound equipment 7 years Media equipment 4 years ## **Investments** Investments are stated at market value at the balance sheet date. ## **Current Assets** Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown a debtors, less provision for amounts that may prove uncollectable. Short-term deposits include cash held on deposit either with the CBF Church of England Funds, or at the bank. ## **Preparation of consolidated financial statements** The charity has a trading subsidiary, Revival Projects. The income of the group does not exceed the threshold of £1million and therefore there is no requirement to prepare group accounts. Further details of the subsidiary are given in the appendix on page 21. ## **Going Concern** The Trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern. ## **Significant estimates and judgements** The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period. The trustees do not consider that the Covid-19 pandemic will have any effect on the ability of the charity to continue as a going concern. **12 |** P a g e A N N U A L R E P O R T A N D A C C O U N T S **The Parish of Chanctonbury** _registered charity number 1132309_ **Notes to the Financial Report** ## **2 Analysis of income and endowments** ||**Unrestricted**
**Fund**|**Restricted**
**Fund/s**|**Restricted**
**Fund/s**|**Endowed**
**Fund/s**|**Endowed**
**Fund/s**|**Total Funds**
**2022**|_Total Funds_
_2021_|**_Notes_**| |---|---|---|---|---|---|---|---|---| |Planned giving (excl. tax refunds)
Planned giving (no tax refunds)
Open collections and offerings
Other donations and special appeals
Gift Aid recoverable
Legacies
Grants|£
265,591
154,536
11,330
21,069
77,130
-
7,814||£
-
-
-
16,455
1,015
-
-||£
-
-
-
-
-
-
-|**£**
**265,591**
**154,536**
**11,330**
**37,524**
**78,145**
**-**
**7,814**|_£_
_258,859_
_124,776_
_7,036_
_89,381_
_67,970_
_-_
_-_|| |**Donations and legacies**|**£537,470**|**£17,470**|||**-**|**£554,940**|_£548,022_|| |Fees for weddings & funerals|3,818|-|||-|**3,818**|_7,884_|| |**Charitable activities**|**£3,818**|**-**|||**-**|**£3,818**|_£7,884_|| |Parish weekend
Other Church activities
Parish Council contribution
Furlough receipts|21,619
10,251
-
-|-
-
-
-|||-
-
-
-|**21,619**
**10,251**
**-**
**-**|_-_
_-_
_5,137_
_1,052_|| |**Other trading activities**|**£31,870**|**-**|||**-**|**£31,870**|_£6,189_|| |Bank & CBF deposit interest
CBF investment fund dividend
Rent from letting of investment property|811
-
-|-
-
-|||-
-
-|**811**
**-**
**-**|_729_
_-_
_-_|| |**Investments**|**£811**|**-**|||**-**|**£811**|_£729_|| |||||||||| |**Total income and endowments on all funds**|**£573,969**|**£17,470**|||**-**|**£591,439**|_£562,824_|| **13 |** P a g e A N N U A L R E P O R T A N D A C C O U N T S **The Parish of Chanctonbury** _registered charity number 1132309_ **Notes to the Financial Report** ## **3 Analysis of expenditure** ||**Unrestricted**
**Fund**|**Restricted**
**Fund/s**|**Restricted**
**Fund/s**|**Endowed**
**Fund/s**|**Endowed**
**Fund/s**|**Total Funds**
**2022**|_Total Funds_
_2021_|**_Notes_**| |---|---|---|---|---|---|---|---|---| |Appeals, grants and fundraising costs
Stewardship & investment management costs|£
-
-||£
-
-||£
-
-|**£**
**-**
**-**|_£_
_-_
_-_|| |**Cost of raising funds**|**-**||**-**||**-**|**-**|_-_|| |Charitable grants and donations
Mission & evangelism costs
Diocesan parish share
Diocesan costs - Associate Vicar
Clergy and other people's expenses
Staff costs: administration and communication
Staff costs: interns & ministry associates
Upkeep of services
Church running costs
Church maintenance and repair
Upkeep of churchyard
Youth Work
Children's Work
Training
Parish Weekend costs
Other church activities costs
Governance
Bank charges
Depreciation|53,740
60,810
77,000
31,910
21,852
91,467
1,950
27,437
85,704
31,570
7,741
51,205
41,003
12,979
33,098
1,831
1,020
411
7,404|
|12,341
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-||-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|**66,081**
**60,810**
**77,000**
**31,910**
**21,852**
**91,467**
**1,950**
**27,437**
**85,704**
**31,570**
**7,741**
**51,205**
**41,003**
**12,979**
**33,098**
**1,831**
**1,020**
**411**
**7,404**|_49,782_
_20,768_
_74,308_
_36,936_
_14,489_
_69,019_
_11,853_
_45,547_
_41,889_
_30,413_
_4,894_
_50,041_
_37,398_
_6,673_
_-_
_835_
_960_
_234_
_6,994_|_4_
_9_
_12_| |**Cost of charitable activities**|**£640,132**|**£12,341**|||**-**|**£652,473**|_£503,033_|| |||||||||| |**Total expended on all funds**|**£640,132**|**£12,341**|||**-**|**£652,473**|_£503,033_|| **14 |** P a g e A N N U A L R E P O R T A N D A C C O U N T S **The Parish of Chanctonbury** _registered charity number 1132309_ ## **Notes to the Financial Report** ## **4 Missionary and charitable giving** ||**Unrestricted**
**Fund**|**Restricted**
**Fund/s**|**Restricted**
**Fund/s**|**Endowed**
**Fund/s**|**Endowed**
**Fund/s**|**Total Funds**
**2022**|_Total Funds_
_2021_|**_Notes_**| |---|---|---|---|---|---|---|---|---| |**Overseas:**
_Ukraine relief_
_India - Adivasi project (via HCR & SEVA)_
_Life Support: Eden Farm, Zambia_
Other overseas charities and projects
**Home:**
Additional voluntary contribution to Diocese for
Parish Share
Wholesome Warehouse
Discretionary fund - local people in need
Hardship Fund (incl. Storehouse foodbank)
Home for Good
Donation towards Rev Jim Waddell's sabbatical
costs
Other UK charities and projects|£
14,183
2,000
1,800
14,945
7,000
2,820
200
-
5,000
4,000
1,792|





|£
-
-
12,341
-||£
-
-
-|**£**
**14,183**
**2,000**
**1,800**
**14,945**
**7,000**
**2,820**
**200**
**12,341**
**5,000**
**4,000**
**1,792**|_£_
_-_
_16,243_
_2,000_
_2,952_
_-_
_-_
_3,300_
_20,695_
_-_
_4,592_|| ||**53,740**||**12,341**||**-**|**66,081**|_49,782_|| ## **5 Staff costs** ## **Staff costs** |**5 Staff costs**||||||||| |---|---|---|---|---|---|---|---|---| |**Staff costs**||||||||| ||**Unrestricted**
**Fund**|**Restricted**
**Fund/s**||**Endowed**
**Fund/s**||**Total Funds**
**2022**|_Total Funds_
_2021_|**_Notes_**| |**Remuneration**
_Wages and salaries_
_Employer social security costs_
_Employer pension costs_|£
197,579
12,180
7,927||£
-
-
-||£
-
-
-|**£**
**197,579**
**12,180**
**7,927**|_£_
_192,979_
_8,219_
_6,901_|| ||**217,686**||**-**||**-**|**217,686**|_208,099_|| During the year the PCC employed up to 11 employees, five of them part-time, including Heads of Operations, Youth, Kids, Community, as well as administration staff, a production engineer, a ministry associate, a maintenance officer and a cleaner. At the end of the year the number of employees was 11. The average number of employees during the year, excluding clergy, was 10 (2021: 13) All employees worked on charitable activities. Total remuneration for Senior Management was £145,272 (2021: £146,710) All staff were paid through the PAYE scheme. 9 employees (2021: 7) received pension contributions into the NEST pension scheme. No employee received emoluments of over £60,000 (2021: none) **15 |** P a g e A N N U A L R E P O R T A N D A C C O U N T S ## **The Parish of Chanctonbury** _registered charity number 1132309_ ## **Notes to the Financial Report** ## **6 Payments to PCC members** £4,000 was paid to Rev Jim Waddell as a contribution to the costs of his sabbatical. £2,998 of this came from specific donations from individuals, and the balance from church funds. This is included in missionary and charitable giving in note 3 and 4. A grant of £1,000 was paid to Rev James diCastiglione as a contribution towards a training and support programme for him and his wife, with Catch the Fire Church, Toronto. This is included in training costs in note 3. Expenses paid to clergy for travel, subsistence, phone, and housing related costs amounted to £11,822 (2021: £10,113. No other expenses were paid to PCC Members, or any other person connected with them during this financial period. ## **7 Transactions with persons related to PCC members** No material transactions took place between the Church and a PCC Member, or any person connected with them. ## **8 Transactions with related charities** On 6[th] August 2019 the PCC set up Revival Projects, as a charitable company limited by guarantee. The PCC is the sole member of Revival Projects, and has established a Board of Directors, which includes two PCC members, Simon Smith and Mark Binney. The other directors are members of the Parish of Chanctonbury. Revival Projects was set up to manage and account for South Downs Awakening, and, in the future, other large projects that may arise. Revival Projects files separate accounts, and a summary is provided in the Appendix on page 21. ## **9 Governance** ## **Governance** |**9 Governance**|||||||||| |---|---|---|---|---|---|---|---|---|---| |**Governance**|||||||||| ||**Unrestricted**
**Funds**||**Restricted**
**Fund/s**||**Endowed**
**Fund/s**||**Total Funds**
**2022**|_Total Funds_
_2021_|**_Notes_**| |_Independent examination_
_Accounts production and bookkeeping_||£
1,020
-||£
-||£
-|**£**
**1,020**
**-**|_£_
_960_
_-_|| |||**1,020**||**-**||**-**|**1,020**|_960_|| ## **10 Transfers between funds** ## **Transfers between funds** |**10 Transfers between funds**|||||||||| |---|---|---|---|---|---|---|---|---|---| |**Transfers between funds**|||||||||| ||**Unrestricted**
**Funds**||**Restricted**
**Fund/s**||**Endowed**
**Fund/s**||**Total Funds**
**2022**|_Total Funds_
_2021_|**_Notes_**| |||£
-||£
-||£
-|**£**
**-**|_£_
_-_|| |||**-**||**-**||**-**|**-**|_-_|| **16 |** P a g e A N N U A L R E P O R T A N D A C C O U N T S **The Parish of Chanctonbury** _registered charity number 1132309_ ## **Notes to the Financial Report** ## **11 Investments** |**11 Investments**|||||||| |---|---|---|---|---|---|---|---| ||**Unrestricted**
**Fund**|**Restricted**
**Fund/s**||**Endowed**
**Fund/s**||**Total Funds**
**2022**|**_Notes_**| |Market value 1 January 2022
Transfers
Disposals at carrying value
Purchases at cost
Net gains and revaluation|£
12,608
-
-
-
(1,706)||£
-
-
-
-||£
13,793
-
-
(1,624)|**£**
**26,401**
**-**
**-**
**-**
**(3,330)**|| |**Market value 31 December 2022**|**£10,902**||**-**|**£12,169**||**£23,071**|| ## **12 Tangible fixed assets** |**12 Tangible fixed assets**||||||||| |---|---|---|---|---|---|---|---|---| |||**Freehold land**
**and buildings**||**Sound**
**upgrade**||**Media**
**equipment**|**Total fixed**
**assets**|**_Notes_**| |**Cost or valuation**
At 1 January 2022
Additions
Disposals||£
-
-
-||£
42,184
17,188||£
3,869
-
-|**£**
**46,053**
**17,188**
**-**|| |Cost carried forward at 31 December 2022||**-**||**59,372**||**3,869**|**63,241**|| |**Charge for impairment**
At 1 January 2022
Depreciation charge for the year
Disposals||-
-
-||(12,054)
(6,437)
-||(1,934)
(967)
-|**(13,988)**
**(7,404)**
**-**|| |Accumulated depreciation carried forward at 31 Dec
2022||**-**||**(18,491)**||**(2,901)**|**(21,392)**|| |**Net book amounts**
**At 31 December 2022**||**-**||**40,881**||**968**|**41,849**|| |_At 31 December 2021_||_-_||_30,130_||_1,935_|_32,065_|| The Sound Upgrade consists of a significant upgrade to Ashington Church towards the end of 2019 and the beginning of 2020, and an upgrade to Washington Church towards the end of 2022. The Sound Upgrade is being depreciated over 7 years. The media equipment is being depreciated over 4 years. The annual commitments under non-cancelling operating leases and capital commitments are as follows: A premises lease was taken out on 29[th] September 2022 for use as a Church Office, for a period of 5 years at an annual rent of £14,000. **17 |** P a g e A N N U A L R E P O R T A N D A C C O U N T S **The Parish of Chanctonbury** _registered charity number 1132309_ ## **Notes to the Financial Report** ## **13 Net assets by fund** |**13 Net assets by fund**||||||||| |---|---|---|---|---|---|---|---|---| ||**Unrestricted**
**Funds**|**Restricted**
**Fund/s**||**Endowed**
**Fund/s**||**Total Funds**
**2022**|_Total Funds_
_2021_|**_Notes_**| |Fixed assets for church use
Investment fixed assets
Current assets (except cash)
Cash at bank and on deposit
Current liabilities
Long term liabilities|£
41,849
10,902
21,801
66,131
(21,847)
-||£
-
-
855
8,309
(241)
-||£
-
12,169
-
-
-
-|**£**
**41,849**
**23,071**
**22,656**
**74,440**
**(22,088)**
**-**|_£_
_32,065_
_26,401_
_17,721_
_135,252_
_(7,147)_
_-_|| ||**£118,836**||**£8,923**|**£12,169**||**£139,928**|_£204,292_|| ## **14 Debtors** |**14 Debtors**||||||||| |---|---|---|---|---|---|---|---|---| ||**Unrestricted**
**Funds**|**Restricted**
**Fund/s**||**Endowed**
**Fund/s**||**Total Funds**
**2022**|_Total Funds_
_2021_|**_Notes_**| |Income tax recoverable via Gift Aid
Prepayments and accrued income
Other debtors|£
10,658
11,143
-||£
855
-
-||£
-
-
-|**£**
**11,513**
**11,143**
**-**|_£_
_17,721_
_-_
_-_|| ||**£21,801**||**£855**||**-**|**£22,656**|_£17,721_|| ## **15 Creditors: amounts falling due within one year** ||**Unrestricted**
**Funds**|**Restricted**
**Fund/s**|**Restricted**
**Fund/s**|**Endowed**
**Fund/s**|**Endowed**
**Fund/s**|**Total Funds**
**2022**|_Total Funds_
_2021_|**_Notes_**| |---|---|---|---|---|---|---|---|---| |Deferred income
Accruals for utilities and other costs
Archdeacon's loan
Other creditors|£
14,375
7,472
-
-||£
-
241
-
-||£
-
-
-
-|**£**
**14,375**
**7,713**
**-**
**-**|_£_
_3,228_
_3,919_
_-_
_-_|| ||**£21,847**||**£241**||**-**|**£22,088**|_£7,147_|| **18 |** P a g e A N N U A L R E P O R T A N D A C C O U N T S **The Parish of Chanctonbury** _registered charity number 1132309_ ## **Notes to the Financial Report** ## **16 Creditors: amounts falling due after more than one year** ||**Unrestricted**
**Funds**|**Unrestricted**
**Funds**|**Restricted**
**Fund/s**|**Restricted**
**Fund/s**|**Endowed**
**Fund/s**|**Endowed**
**Fund/s**|**Total Funds**
**2022**|_Total Funds_
_2021_|**_Notes_**| |---|---|---|---|---|---|---|---|---|---| |Deferred income
Accruals and other creditors||£
-
-||£
-
-||£
-
-|**£**
**-**
**-**|_£_
_-_
_-_|| |||**-**||**-**||**-**|**-**|_-_|| ## **17 Comparatives for the statement of financial activities** ||**Unrestricted**
**Fund**|**Restricted**
**Fund/s**|**Restricted**
**Fund/s**|**Endowed**
**Fund/s**|**Endowed**
**Fund/s**|**Total Funds**
**2021**| |---|---|---|---|---|---|---| |**Income and endowments from:**
Donations and legacies
Charitable activities
Other trading activities
Investments
Other receipts|**£**
526,781
7,884
1,052
729
-||**£**
21,241
-
5,137
-
-||**£**
-
-
-
-
-|**£**
**548,022**
**7,884**
**6,189**
**729**
**-**| |**Total income**|**536,446**||**26,378**||**-**|**562,824**| |**Expenditure on:**
Raising funds
Charitable activities
Other trading activities
Other expenditure|-
476,201
-
-||-
26,832
-
-||-
-
-
-|**-**
**-**
**503,033**
**-**
**-**| |**Total expenditure**|**476,201**||**26,832**||**-**|**503,033**| |Net gains (or losses) on investments||||||| |**Net income or (net expenditure)**|**60,245**||**(454)**||**-**|**59,791**| |**Transfers between funds**
**Other recognised gains/(losses):**
Gains/(losses) on revaluation of fixed assets
_Reconciliation of funds:_|**-**||**-**||**-**|**-**| ||60,245
(891)||(454)
-||-
1,726|59,791
**835**| |**Net movement in funds**|**59,354**||**(454)**||**1,726**|**60,626**| |Total funds brought forward|127,110||4,489||12,067|**143,666**| |**Total funds carried forward**|**186,464**||**4,035**||**13,793**|**204,292**| **19 |** P a g e A N N U A L R E P O R T A N D A C C O U N T S **The Parish of Chanctonbury** _registered charity number 1132309_ **Notes to the Financial Report** ## **18 Statement of funds** ## **Explanation of funds** _**Endowed funds** are required by the donors to be invested and the income spent on specific objectives._ The Gore bequest is a permanent endowment, invested in CBF parish trusts investments, which requires the income to be spent on the churchyard. The PCC fund is a permanent endowment invested in CBF parish trusts investments, and is a General Fund. _**Restricted funds** are not invested permanently but are to be spent within reasonable timescales._ The Hardship Fund is for the financial support of people in need, including through the Church’s foodbank, “The Storehouse”. The Washington Doors Fund is for the replacement of the external doors to Washington Church. _**Unrestricted funds** are not subject to any donor restrictions and can be spent as the PCC decides._ The Thorne fund was transferred from Washington Church on 1[st] April 2019, and was designated for the improvement, maintenance or running of Washington Church. The remaining balance was fully utilised in 2022. ## **Summary of all funds** Fund income and expenditure and final balances are as follows: ||**Balances**
**b/fwd**
**1 Jan 2022**|**Income**|
**Expenditure**|**Transfers,**
**other gains**
**and losses**|**Balances**
**c/fwd**
**31 Dec 2022**| |---|---|---|---|---|---| |Gore bequest
PCC Fund|£
4,496
9,297|£
-
|£
-|£
(529)
(1,095)|**£**
_3,967_
_8,202_| |**Total of all endowed funds**|**13,793**|**-**|**-**|**(1,624)**|_12,169_| |Hardship Fund
Washington Doors Fund|4,035
-|14,923
2,547|(12,341)
-||_6,617_
_2,547_| |**Total of all restricted funds**|**4,035**|**17,470**|**(12,341)**|**-**|_9,164_| |General fund
Designated Fund: Thorne Fund|182,136
4,328|573,969
-|(635,804)
(4,328)|(1,706)
-|_118,595_
_-_| |**Total of all unrestricted funds**|**186,464**|**573,969**|**(640,132)**|**(1,706)**|_118,595_| ||||||| |**Total funds**|**£204,292**|**£591,439**|**£(652,473)**|**£(3,330)**|_£139,928_| **20 |** P a g e A N N U A L R E P O R T A N D A C C O U N T S **The Parish of Chanctonbury** _registered charity number 1132309_ ## **Appendix: Accounts of Revival Projects** ## **Revival Projects** As explained in note 8, Revival Projects is a separate company, limited by guarantee, and files separate accounts with Companies House. However, as Chanctonbury PCC is its sole member, and has overall control and oversight, a summary of Revival Projects’ balance sheet is shown in this appendix. No further activities have been carried out by Revival Projects in 2022. During 2023 Revival Projects will donate its remaining funds to Chanctonbury PCC. Chanctonbury PCC will establish this as a restricted fund for spending on projects in line with the objects of Revival Projects. At that point it is expected that Revival Projects will become a dormant company. ## **Income and Expenditure for the year ended 31[st] December 2022** ||**Total Funds**
**2022**|**Total Funds**
**2021**| |---|---|---| |**Income from:**
Donations
Trading activities: sales|**£**
**-**
**-**|**£**
**-**
**-**| |**Total income**|**-**|**-**| |**Expenditure on:**
Administration|**491**|**381**| |**Total expenditure**|**491**|**381**| |Net gains (or losses) on investments|**-**|**-**| |**Net income, and funds carried forward**|**(491)**|**(381)**| ## **Balance Sheet as at 31[st] December 2022** |||**At 31 Dec 2022**||**At 31 Dec 2021**| |---|---|---|---|---| |Cash at bank and in hand||**£**
**24,344**||**£**
**24,471**| |**Total current assets**||**24,344**||**24,471**| |Creditors: Amounts falling due within one year||**(25,696)**||**(25,332)**| |**Total net assets**||**(1,352)**||**(861)**| |**Funds:**
Unrestricted funds||**(1,352)**||**(861)**| |**Total funds**||**(1,352)**||**(861)**| **21 |** P a g e A N N U A L R E P O R T A N D A C C O U N T S ## _**Independent Examiner’s Report**_ **to the PCC of Chanctonbury for the Year Ended 31[st] December, 2022** This report on the financial statements of the PCC for the year ended 31[st] December 2022 which are set out on pages 1 to 14, is in respect of an examination carried out in accordance with the Church Accounting Regulations 2006 (‘The Regulations’) and s.145 of the Charities Act 2011 (‘The Act’). ## **Respective Responsibilities of the PCC and the Examiner** The PCC members are responsible for the preparation of the accounts. The PCC members consider that an audit is not required for this year under section 43(2) of the Charities Act 2011 and that an independent examination is needed. The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a Fellow of the Association of Charity Independent Examiners. ## **Basis of Independent Examiner’s Report** My examination was carried out in accordance with the General Directions given by the Charity Commission under section 145(5)(b) of The Act and to be found in the Church Guidance, 2006 edition, issued from the Finance Division of the Archbishops’ Council. That examination includes a review of the accounting records kept by the PCC and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below. ## **Independent Examiner’s Statement** In connection with my examination, no matter has come to my attention: 1) which gives me reasonable cause to believe that in any material respect the requirements - to keep accounting records in accordance with section 130 of The Act; and - to prepare accounts which accord with the accounting records and comply with the requirements of The Act and The Regulations have not been met; or 2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. **22 |** P a g e A N N U A L R E P O R T A N D A C C O U N T S