| Principal address | Principal address | StPaul's Church |
|---|---|---|
| Churchside | ||
| Chiche ster | ||
| West Sussex PO196FT | ||
| Independent | examiner | Christine Deacon BScFCA CTA |
| Lewis Brownlee (Chichester) Limited | ||
| Appledram Barns |
||
| Birdham Road | ||
| Chichester PO20 7EQ | ||
| Bankers | .. ".-:. - B.arelay-s Bank:pic .. |
|
| 74/75 East Street | ||
| Chiche ster | ||
| West Sussex PO19 1HR |
| Trustees' Annual report |
2-6 |
|---|---|
| Statement ofresponsibilities ofthe members ofthe PCC |
|
| Independent examiner's report |
|
| Statement offinancial activities | |
| Balance sheet | 10 |
| Notes to the financial statements |
11-20 |
| Membership ofParochial |
Church Council (PCC) | |||
|---|---|---|---|---|
| During the year the following | served as members ofthe Parochial | Church Council: | ||
| Ex Officio members | ||||
| Incumbent: | The Rev'd Canon Simon Holland | Chairman | ||
| The Rev'd Rachel Hawes | Associate | Rector | ||
| Readers: | John Ashwin | |||
| Churchwardens: | John Ashwin* (from May 2022) | |||
| David Foster~ (from May 2022. | Vice-chairman) | |||
| Elected Members | Jennifer Aitchinson | |||
| Charles Gauntlett | ||||
| Bethany Herrod (from May 2022) | ||||
| Chantal Lushington (co-opted member) |
||||
| Chris Merrien | ||||
| Avril Priestman | ||||
| Richard Radford | ||||
| Valerie Sargeant | ||||
| Ikatrina Shippam | ||||
| Roderick Smith~ (Treasurer) | ||||
| Jeannie Taylor~ (from May 2022) | ||||
| Chantal Tomlinson | ||||
| Patricia Vincent-Townend | ~Standing | Committee | member | |
| Deanery Synod | Jill Goulding | |||
| Margaret Heald | ||||
| Martin Tomlinson | ||||
| Secretary | Emma Baverstock |
| FOR THK VKAR ENDED 31 DECEMB | ER 2 | 022 | ||||
|---|---|---|---|---|---|---|
| TOTAL | TOTAL | |||||
| Unrestricted | Restricted | Endowment | FUNDS | FUNDS | ||
| Notes | Funds | Funds | Funds | 2021 | ||
| Incoming resources | ||||||
| Donations and legacies | 3a | 205,141 | 68,054 | 273,194 | 344,384 | |
| Other trading activities | 3b | 51,379 | 1,365 | 52,744 | 159,861 | |
| Income from investments | 3c | 99 | 853 | 526 | 1,478 | 118 |
| Income from church activities | 3d | 1,165 | 1,165 | 671 | ||
| Other income | 3e | 26,982 | ||||
| Total income and endowments | 257,784 | 70,271 | 526 | 328,581 | 532,015 | |
| Resources expended | ||||||
| Expenditure on raising funds |
4a | 763 | 763 | 3,434 | ||
| Expenditure on church activities |
4b | 224,268 | 276,068 | 3,136 | 503,472 | 688,537 |
| Total resources expended | 225,030 | 276,068 | 3,136 | 504,235 | 691,971 | |
| Gains/Passes) on investments |
7b | 491 | 491 | 513 | ||
| GainslPosses) on investment proper@ |
6 | |||||
| Net incoming/(outgoing) resources befor~ transfers |
32,262 | (205,797) | (2,610) | (176,145) | (159,443) | |
| Gross transfers between funds |
||||||
| Net incoming/(outgoing) resources before other recognised gains/losses |
32,262 | (205,797) | (2,610) | (176,145) | (159,443) | |
| Net movement in funds |
32,262 | (205,797) | (2,610) | (176,145) | (159,443) | |
| Total funds brought forward at 1 January |
117,777 | 265,106 | 9,607 | 392,490 | 551,933 | |
| Total funds carried forward at 31December | 150,039 | 59,309 | 6,997 | 216,345 | 392,490 |
| BALANCE SHEET | AT 31DECEMBER2022 | ||||
|---|---|---|---|---|---|
| Notes | 2021 | ||||
| Fixed assets | |||||
| Investment Property (sold at market value ) Tangible fixed assets |
6 ja |
270 | |||
| Investments | jb | 3,995 | 4,485 | ||
| Total fixed assets | 3,995 | 4,756 | |||
| Current assets | |||||
| Stock | 150 | 150 | |||
| Debtors | 6,162 | 7,000 | |||
| Short term deposits | 117,536 | 116;058 | |||
| Cash at bank and in | hand | 104,314 | 374,178 | ||
| 228,162 | 497,386 | ||||
| Current Liabilities | |||||
| Creditors: amounts | falling due within one year | 10 | (15,812) | (109,653) | |
| Net current assets | 212,350 | 387,733 | |||
| Total assets less current habilities | 216,345 | 392,490 | |||
| 216,345 | 392,490 | ||||
| Funds | |||||
| Endowment funds |
12 | 6,997 | 9,607 | ||
| Restricted funds | 59,309 | 265,106 | |||
| Unrestricted funds |
150,039 | 117,777 | |||
| TOTAL FUNDS | 216,345 | 392,490 |
| All income and endowments are accounted for without deduction |
All income and endowments are accounted for without deduction |
All income and endowments are accounted for without deduction |
for any costs ofreceivability, | for any costs ofreceivability, | for any costs ofreceivability, | for any costs ofreceivability, | for any costs ofreceivability, | are recognised | are recognised | when there | when there | when there | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| is evidence ofentitlement, receipt is probable, and the amount can be measured |
reliably. | ||||||||||||
| Voluntary Income | |||||||||||||
| Collections are recognised when received. |
|||||||||||||
| Planned giving receivable is recognised only when received. |
|||||||||||||
| Income tax recoverable on Gift Aid donations is recognised |
when | the income is recognised. | |||||||||||
| Grants and legacies are recognised when the formal |
offer in | writing ofthe funding | is received | by the PCC. | |||||||||
| Income from Charitable Activities | |||||||||||||
| Income is recognised when the money is received. | |||||||||||||
| Income from investments | |||||||||||||
| Dividends are accounted for when due and payable. |
Interest | entitlements | are accounted for as | they accrue. Tax | |||||||||
| recoverable on such income is recognised in the same accounting |
year. | ||||||||||||
| All other income | |||||||||||||
| All other income is recognised in the period to which |
itrelates. | ||||||||||||
| Income received in advance is deferred to the period | to which it relates. | ||||||||||||
| Gains and losses on investments | |||||||||||||
| Realised gains are recognised when the investments are sold. |
|||||||||||||
| Unrealised gains and losses are accounted for on revaluation |
on 31December. | ||||||||||||
| d | Resources used | ||||||||||||
| Resources expended are accounted for on an accruals | basis and are accounted for gross. | ||||||||||||
| 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 anmial basis, reflecting | the | allocation | set by our deanery. | Any | ||||||||
| parish contribution unpaid at31December is provided for in |
these accounts | as | an operational | (though not a | legal) | liability | |||||||
| and is shown as a creditor in the balance sheet. |
|||||||||||||
| e | Fixed Assets | ||||||||||||
| Tangible fixed assets | |||||||||||||
| Consecrated aad beneficed property ofany kind is excluded from |
the accounts | by s.10(2)ofthe Charities Act | 2011. | ||||||||||
| All expenditure on consecrated or beneficed buildings |
and related | moveable | church | furnishings, | whether maintenance | or | |||||||
| improvement, is written offas expenditure in the Statement ofFinancial |
|||||||||||||
| activities and is separately disclosed. |
| ' | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| 3 | Incomiiig resources | ||||||||
| TOT%.L | TOTAL | ||||||||
| Unrestricted | Restricted | Endowment | FUNB8 | FUNDS | |||||
| Funds | Fundsj | Funds | 2022 | 2021 | |||||
| a | Donations and legacies | ||||||||
| Planned giving |
74,259 | 74,259 | 64,795 | ||||||
| Collections at all services |
3,825 | 3,825 | 7,728 | ||||||
| Grants, donations and appeals |
36,301 | 68,054 | 104,354 | 247,122 | |||||
| Income tax recoverable | 18,756 | 18,756 | 24,739 | ||||||
| Legacies | 72,000 | 72,000 | |||||||
| 205,141 | 68,054 | 273,194 | 344,384 | ||||||
| b | Other trading activities | ||||||||
| Fetes, bazaars and other fund-raising | events | 9,648 | 1,365 | 11,013 | 139,501 | ||||
| Parish Centre Hire | 40,312 | 40,312 | 19,477 | ||||||
| Parking Donations | 10 | ||||||||
| Photo copying | 445 | 445 | 510 | ||||||
| Coffee Sales | 973 | 973 | 363 | ||||||
| 51,379 | 1,365 | 159,861 | |||||||
| c | Income Pom investments | ||||||||
| Dividends and interest |
99 | 853 | 526 | 1,478 | 118 | ||||
| 99 | 853 | 526 | 1,478 | 118 | |||||
| d | IncomePom Church Activities |
||||||||
| Fees from funerals, weddings |
etc | 671 | |||||||
| 1,165 | 1,165 | 671 | |||||||
| e | Other income | ||||||||
| Rent Isurplus on disposal |
26,982 | ||||||||
| 26982 | |||||||||
| Total incoming resources | 257,784 | 70,271 | 526 | 328,581 | 532,016 |
| 4 Resources expended | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| TOTAL | TOTAL | |||||||||
| FUNDS | FUNDS | |||||||||
| Unrestricted | Restricted | Endowment | ||||||||
| Funds | Funds | Funds | 2022 | 2021 | ||||||
| a | Expenditure on raising |
funds | ||||||||
| Stewardship costs |
||||||||||
| Fetes, bazaars and other | fund-raising | events | 763 | 763 | 3,434 | |||||
| Concert Costs | ||||||||||
| 763 | 763 | 3,434 | ||||||||
| b | Expenditure on church |
activities | ||||||||
| Missionary and charitable |
giving: | |||||||||
| Overseas: | ||||||||||
| B.E.A.T.S | 2,050 | 2,050 | 550 | |||||||
| Children's Society |
||||||||||
| Christian Aid | 1,050 | 1,050 | ||||||||
| CMSI SCOM | 2,050 | 2,050 | 550 | |||||||
| IDWAL | 750 | 750 | ||||||||
| Children on the Edge |
||||||||||
| US (formally USPG) | 1,300 | 1,300 | 550 | |||||||
| Diocesan Harvest Appeal | 550 | 550 | 550 | |||||||
| Promise Nepal | ||||||||||
| Home: | ||||||||||
| Computers for Schools |
15,023 | |||||||||
| Church Army Stonepillow (donations |
throughout | year) * | 750 | 750 | 575 800 |
|||||
| Chichester Food Bank | 500 | 500 | ||||||||
| Four Streets | 445 | 445 | 375 | |||||||
| Confide | 330 | 330 | 375 | |||||||
| Comic Relief | 45 | 45 | ||||||||
| Chichester City Drop In |
330 | 330 | 375 | |||||||
| Chestnut Tree House | 330 | 330 | 375 | |||||||
| Medicine Sans Frontieres | 330 | 330 | ||||||||
| Parenting Mental Health |
330 | 330 | ||||||||
| Snowdrop Trust |
330 | 330 | 375 | |||||||
| Angelman Syndrome |
330 | 330 | 375 | |||||||
| To be allocated | 10 | 10 | ||||||||
| Sanctuary | 836 | 836 | 1,375 | |||||||
| 12,646 | 12,646 | 22)223 |
| Resources expended | ||||||
|---|---|---|---|---|---|---|
| TOTAL | TOTAL | |||||
| FUNDS | FUNDS | |||||
| Unrestricted | Restricted | Endowment | ||||
| Funds | Funds | Funds | 2021 | |||
| Ministry costs: | ||||||
| diocesan parish | contribution | 72,802 | 72,802 | 70,340 | ||
| other clergy costs | 6,298 | 6,298 | 6,243 | |||
| Church running expenses |
8,641 | 8,641 | 12,073 | |||
| Church maintenance | 62,828 | 287,247 | 350,075 | 482,417 | ||
| Upkeep ofservices | 2,789 | 3,136 | 5,925 | 3,795 | ||
| Upkeep ofchurchyard | 609 | 609 | 75 | |||
| Parish magazine/Library | 11 | 11 | 122 | |||
| Sunday school costs/ Youth Work | 3,322 | 14,409 | 17,730 | 14,054 | ||
| Housing Costs | 3,515 | 3,515 | 635 | |||
| Salaries/Training | 39,851 | 37,100 | 2,751 | 36,207 | ||
| Church hall running costs |
7,820 | 70 | 7,890 | 11,066 | ||
| Bank charges | 549 | 549 | 197 | |||
| Depreciation | 270 | 270 | 1,386 | |||
| Independent examination |
fee | 1,650 | 1,650 | 1,466 | ||
| Professional Fees |
667 | 11,443 | 12,110 | 26,238 | ||
| 224,268 | 276,068 | 3,136 | 503,472 | 688,537 | ||
| Total resources expended | 225,030 | 276,068 | 3,136 | 504,235 | 691,971 |
| F | O | R THK YEAR ENDED | 31 BKCKMBKR 2022 | ||
|---|---|---|---|---|---|
| 5 | Staff costs | 202l | |||
| a | JJ'ages and salaries, including | organist fees | 49,2'7l | 45,67/ | |
| Social Security costs | 4,233 | 2,950 4, 2 |
| Fixed Assets Tangible fixed assets |
|||||
|---|---|---|---|---|---|
| Furnishings | St | ||||
| Michaels | |||||
| Church | Office | fixtures & | |||
| equipment | fittings | TOTAL | |||
| Cost or valuation | |||||
| At 1 January 2022 | 39,890 | 3,990 | 10,800 | ||
| Additions | |||||
| Disposals | |||||
| Revaluation | |||||
| Transfer to investment At 31December 2022 |
property | 39,890 | 3,990 | 10,800 | 5, 80 |
| Depreciation | |||||
| At 1 January 2022 | 39,620 | 3,990 | 10,800 | 54,410 | |
| Provided in the year |
270 | 270 | |||
| Disposals | |||||
| At 31December 2022 | 39,890 | 3,990 | 10,800 | 54,680 | |
| Net book amounts | |||||
| At 31December 2022 | |||||
| At 31December 2021 | 270 | 270 |
| Market | value 1 January 2022 |
4,486 | |
|---|---|---|---|
| capital | appreciation/depreciation | -491 | |
| income | received/withdrawn | ||
| Market | value 31December 2022 | Page 17 | 3,995 |
| Analysis o | fNet assets by fund | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total Funds | Tota/ Funds | ||
| Funds | Funds | Funds | 2022 | 2021 | ||
| Fixed assets for church use | 270 | |||||
| Investment | fixed assets | 3,995 | 3,995 | 4,486 | ||
| Current assets | 153,574 | 67,591 | 6,997 | 228,162 | 497,387 | |
| Current liabilities | (7,530) | (8,282) | (15,812) | (109,653) | ||
| 150,039 | 59,309 | 6,997 | 216,345 | 392,490 | ||
| Debtors | ||||||
| Unrestricted | Restricted | Endowment | Total Funds | |||
| Funds | Funds | Funds | 2022 | 2021 | ||
| Income tax | recoverable | 4,196 - | 342 | 3,854 | ||
| Prepayments | and accrued income | 7,000 | ||||
| Accounts receivable | 2,216 | 92 | 2,308 | |||
| 6412 - | 250 | 7,000 |
| 10 | Creditors: amounts | falling due | within | one | year | ||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total Funds | ||||||
| Funds | Funds | Funds | 2022 | 2021 | |||||
| x | |||||||||
| Deferred income | |||||||||
| Accruals for utilities | and other costs | 7,530 | 6,805 | ||||||
| Pension Deficit -conditionally long term |
37,100 | ||||||||
| Archdeacon Loan - |
conditionally | due 2027 | 50,000 | ||||||
| Other Creditors (inc | agency collections) | 8,282 | 8,282 | 15,748 | |||||
| 7,530 | 8,282 | 15,812 | 109,653 |
| Note 14 - Comparison of prior year S |
OFA by Fund | |||||||
|---|---|---|---|---|---|---|---|---|
| TOTAL | TOTAL | |||||||
| Unrestricted | Restricted | Endowment | FUNDS | Unrestricted | Restricted | Endowment | FUNDS | |
| Funds | Funds | Funds | 2022 | Funds | Funds | Funds | 202/ | |
| 5 | ||||||||
| Incoming resources | ||||||||
| Donations and legacies |
205,141 | 68,054 | 273,194 | 118,023 | 226,361 | 344,384 | ||
| Other trading activities | 51,379 | 1,365 | 52,744 | 22,167 | 137,694 | 159)861 | ||
| IncomePom investments |
99 | 853 | 526 | 1,478 | 97 | 118 | ||
| IncomePom church activities |
1,165 | 1,165 | 671 | 671 | ||||
| Other income | 26,982 | 26,982 | ||||||
| Total income and endowments | 257,784 | 70,271 | 526 | 328,581 | 140,958 | 391,037 | 21 | 532,016 |
| Resources expended | ||||||||
| Expenditure on raising funds |
763 | 763 | - | 3434 | - | 3434 | ||
| Expenditure on church activities |
224268 | 276068 | 3136 | 503472 | 177331 | 510252 | 954 | 688537 |
| Total resources expended | 225,030 | 276,068 | 3,136 | 504,235 | 177,331 | 513,686 | 954 | 691,971 |
| Gains/(fosses) on investments |
491 | 491 | 513 | 513 | ||||
| Gains/Posses) on investment property |
||||||||
| Net incoming/(outgoing) resources before transfers |
32,262 | (205,797) | (2,610) | (176,145) | (35,860) | (122,649) | (933) | (159,442) |
| Gross transfers between funds |
46,901 | (46,901) | ||||||
| Net incoming/(outgoing) resources before other recognised gains/losses |
32,262 | (205,797) | (2,610) | (176,145) | 11,041 | (169,550) | (933) | (159,442) |
| Net movement in funds |
32,262 | (205,797) | (2,610) | (176)145) | 11,041 | (169,550) | (933) | (159,442) |
| Total funds brought forward at 1January | 117,777 | 265,106 | 9,607 | 392,490 | 106,736 | 434,656 | 10,540 | 551)933 |
| Total funds carried forward at 31 | ||||||||
| December | 150,039 | 59,309 | 6,997 | 216,345 | 117,777 | 265,106 | 9,607 | 392,490 |