Annual Financial Report
of
The Parochial Church Council of the Ecclesiastical parish of
St John the Evangelist, Upper St Leonards
Pevensey Road, St Leonards TN38 0LF
Diocese of Chichester
For the year ended 31st December 2024
CONTENTS
Statement of financial receipts and payments Statement of assets and liabilities Notes to the accounts Report of the Independent Examiner
The Parochial Church Council of St John the Evangelist Financial Statements for the Year Ended 31 December 2024
| Receipts and Payments Accounts |
||||||
|---|---|---|---|---|---|---|
| Unrestricted Fund |
Restricted Fund |
Endowed Fund |
Total | Previous year |
||
| General | ||||||
| Receipts | £ | £ | £ | £ | £ | |
| Voluntary Receipts incl Gift Aid, Donations & Legacies |
83,867 | 5,092 | - | 88,959 | 86,756 | |
| Activities for generating funds, weddings and funerals |
7,400 | - | - | 7,400 | 10,554 | |
| Investment income | 7,401 | - | - | 7,401 | 6,956 | |
| Church activities: church centre hire |
22,410 | - | - | 22,410 | 20,522 | |
| Other receipts | 7,269 | - | - | 7,269 | 1,220 | |
| Total Receipts | 128,347 | 5,092 | - | 133,439 | 126,008 | |
| Payments | ||||||
| Cost of generating funds: fund-raising activities |
1,336 | - | - | 1,336 | 1,218 | |
| Church activities Charitable activities |
135,889 | 2,591 | 12,411 | 150,891 | 174,047 | |
| Otherpayments | 1,342 | - | - | 1,342 | 2,251 | |
| Total Payments | 138,567 | 2,591 | 12,411 | 153,569 | 177,516 | |
| Excess of receipts over payments |
(10,220) | 2,501 | (12,411) | (20,130) | (51,508) | |
| Transfers between funds | - | - | ||||
| Net movement in funds | (10,220) | 2,501 | (12,411) | (20,130) | (51,508) | |
| Cash in bank at 1 Jan 2024. |
90,313 | 1,593 | 60,326 | 152,232 | 203,740 | |
| Cash in bank at 31 Dec 2024. |
80,093 | 4,094 | 47,915 | 132,102 | 152,232 |
Financial Statements for the Year Ended 31 December 2024
Approved by the Parochial Church Council on and signed on their behalf by
Signature ______ _______ (Print name)
The Parochial Church Council of St John the Evangelist Financial Statements for the Year Ended 31 December 2024
| Statement of Assets and Liabilities |
|||||||
|---|---|---|---|---|---|---|---|
| General Designated Unrestricted |
Restricted | Endowed | Total | Previous year |
|||
| £ | £ | £ | £ | £ | £ | ||
| Cash Funds | |||||||
| Bank Current Account | 4,571 | - | 4,094 | - | 8,665 | 1,384 | |
| CBF Deposit Account | 75,522 | - | - | 47,915 | 123,437 | 150,848 | |
| Total | 80,093 | - | 4,094 | 47,915 | 132,102 | 152,232 | |
| Other Monetary Assets |
|||||||
| Gift Aid recoverable or o/s |
- |
- | - | ||||
| Other debtors | - | - | - | ||||
| Investment Assets | |||||||
| Investment fund bond at market value |
- | 963 | 963 | 947 | |||
| Total Assets | 80,093 | - | 4,094 | 48,878 | 133,065 | 153,179 | |
| Liabilities | |||||||
| Accrued Exoenses | - | - | |||||
| Total Liabilities | - | - | - | - | - | - |
The Parochial Church Council of St John the Evangelist Financial Statements for the Year Ended 31 December 2024
| Notes(continued) | ||||||
|---|---|---|---|---|---|---|
| Unrestricted Fund |
Restricted Fund |
Endowed Fund |
Total | Previous year |
||
| General | ||||||
| £ | £ | £ | £ | £ | ||
| Further Analysis of Receipts and Payments |
||||||
| Receipts | ||||||
| a) Activities for generating funds |
||||||
| Fees for weddings & funerals |
1,237 | - | - | 1,237 | 4,472 | |
| Tuesday group | - | - | - | - | 200 | |
| Fund raising | 6,163 | - | - | 6,163 | 5,882 | |
| 7,400 | - | - | 7,400 | 10,554 | ||
| b) All other giving/ voluntary receipts: |
||||||
| Planned giving (excl. tax refunds) |
46,587 | - | - | 46,587 | 57,957 | |
| Planned giving (no tax refunds) |
5,646 | - | - | 5,646 | 6,758 | |
| Loose cash collections |
6,152 | - | - | 6,152 | 5,318 | |
| Donations | 4,164 | - | - | 4,164 | 3,806 | |
| Special appeals | - | 1,427 | - | 1,427 | 1,066 | |
| Rector's disc fund | - | 1,260 | - | 1,260 | 1,140 | |
| Music fund | - | 2,250 | - | 2,250 | - | |
| Flower fund | - | 155 | - | 155 | 251 | |
| Gift Aid recovered | 13,627 | - | - | 13,627 | 2,960 | |
| Legacies | - | - | - | - | - | |
| Grants | 7,691 | - | - | 7,691 | 7,500 | |
| 83,867 | 5,092 | 88,959 | 86,756 | |||
| c) Investment Income |
||||||
| Bank and CBF Deposit Fund interest |
7,401 | - | - | 7,401 | 6,956 | |
| d). Church Activities |
||||||
|---|---|---|---|---|---|---|
| Church centre hire fees |
22,410 | - | - | 22,410 | 20,522 | |
| Other receipts | 7,269 | - | - | 7,269 | 1,220 | |
| Total received in all funds |
128,347 |
5,092 | - | 133,439 | 126,008 |
The Parochial Church Council of St John the Evangelist Financial Statements for the Year Ended 31 December 2024 Notes (continued)
| Unrestricted fund | Restricted fund |
Endowed fund |
Total | Previousyear | ||
|---|---|---|---|---|---|---|
| General | ||||||
| £ | £ | £ | £ | £ | ||
| Payments | ||||||
| Charitable activities | ||||||
| Parish share | 60,000 | - | - | 60,000 | 60,000 | |
| Clergyexp. | 75 | - | - | 75 | 865 | |
| Rectory expenses | ||||||
| Services | 3,941 | - | - | 3,941 | 5,839 | |
| Church maintenance | - | - | - | - | ||
| Major repairs | (8,501) | - | 12,411 | 3,910 | 28,216 | |
| Minor repairs | 3,168 | - | - | 3,168 | 3,517 | |
| Churchyard | - | - | - | - | 64 | |
| Tuesdayclub | - | 157 | - | 157 | 277 | |
| Photo copier/ printing | 2,881 | - | - | 2,881 | 2,933 | |
| Organist | 8,100 | - | - | 8,100 | 8,500 | |
| Coffee/catering | 174 | - | - | 174 | 524 | |
| Visits/retreats | 5,738 | - | - | 5,738 | - | |
| Outwardgiving | - | 1,684 | - | 1,684 | 960 | |
| Rector's disc fund | - | 749 | - | 749 | 864 | |
| Music fund | - | - | - | - | - | |
| Flower fund | - | - | - | - | - | |
| Accountancy | 300 | - | - | 300 | 300 | |
| Utilities | 29,337 | - | - | 29,337 | 21,071 | |
| Insurance | 6,537 | - | - | 6,537 | 8,227 | |
| Phone/wifi | 1,128 | - | - | 1,128 | 899 | |
| Hall major repairs | 434 | - | - | 434 | 10,012 | |
| Hall minor repairs | 1,296 | - | - | 1,296 | 1,527 | |
| Church sundry expenses | ||||||
| Admin | 11,468 | - | - | 11,468 | 10,607 | |
| Cleaning | 9,814 | - | - | 9,814 | 8,845 | |
| 135,890 | 2,590 | 12,411 | 150,891 | 174,047 | ||
| Raising funds | ||||||
| 100 club | - | - | - | - | - | |
| Fund raising | 1,336 | - | - | 1,336 | 1,218 | |
| 1,336 | - | - | 1,336 | 1,218 | ||
| Otherpayments | ||||||
| Other tradingcosts/hire | 1,342 | - | - | 1,342 | 2,251 | |
| Totalpaid on all funds | 138,568 | 2,590 | 12,411 | 153,569 | 177,516 |
The Parochial Church Council of St John the Evangelist Financial Statements for the Year Ended 31 December 2024 Notes
The financial statements of the PCC have been prepared in accordance with the Charities Act 2011 and the Church Accounting Regulations 2006, using the Receipts and Payments basis
| Statement of funds | |||||
|---|---|---|---|---|---|
| Bal b/fwd £ |
Receipts £ |
Payments £ |
Bal c/fwd £ |
||
| Unrestricted funds | |||||
| General fund | 90,314 | 128,347 | 138,568 | 80,093 | |
| Restricted funds | |||||
| Sundry | - | - | - | ||
| TuesdayGroup | 157 | - | 157 | - | |
| Rector's Disc Fund | 296 | 1,260 | 749 | 807 | |
| Music Fund | 30 | 2,250 | - | 2,280 | |
| Flower Fund | 251 | 155 | - | 406 | |
| Fabric Fund | - | - | - | - | |
| Outward Giving | 257 | 1,427 | 1,684 | - | |
| Endowment fund interest | 601 | - | - | 601 | |
| Total restricted funds | 1,592 | 5,092 | 2,590 | 4,094 | |
| Endowment funds | |||||
| Hazel Freedman bequest (note) |
60,326 | - | 12,411 | 47,915 | |
| Healy | 947 | 16 | - | 963 | |
| Total funds | 153,179 | 133,455 | 153,569 | 132,102 |
The Fabric fund represents accumulated donations and appeals for fabric maintenance. Which can only be spent for that purpose.
The endowment comprises the Hazel Freedman bequest. This is a permanent endowment held by the Diocese of Chichester for the PCC. The income from the endowment is required to be spent on the repair and upkeep of St John the Evangelist Church.
The PCC received the permission to spend the funds from the endowment on major repairs to the fabric of the church building. During 2019 this permission was checked, and confirmed, by the Diocese of Chichester.
Independent Examiner's Report to The Parochial Church Council of St John the Evangelist
I report on the accounts of The Parochial Church Council of St John the Evangelist for the for the twelve month period ended 31 December 2024 which are set out on the previous pages.
Respective responsibilities of trustees & examiner
The PCC members are responsible for the preparation of the annual reports. The PCC members consider that an audit is not required for this year under section 144 of the Charities Act 2011 ("the Charities Act") and that an independent examination is needed. It is my responsibility
-
to examine the accounts under section 145 of the Charities Act
-
to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act) and
-
to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the 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 record in accordance with section 130 of the Charities Act
-
to prepare accounts which accord with the accounting records and to comply with the Charities Act
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.
Mr Keith Miller Independent Examiner Hastings Voluntary Action Jackson Hall, Portland Place, Hastings, TN34 1QN
Dated 9 May 2025