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|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|
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|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|
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|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||||
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|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|
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|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|
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||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.|||||||||||||
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|||'||||||||
|---|---|---|---|---|---|---|---|---|---|
||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|
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||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|
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|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|
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|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|
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|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|
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|Market|value
1 January 2022||4,486|
|---|---|---|---|
|capital|appreciation/depreciation||-491|
|income|received/withdrawn|||
|Market|value 31December 2022|Page 17|3,995|
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|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|
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|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|