PAROCHtAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PAUL'S CHICHESTER (REGISTERED CHARITY NO. 1133785) TRUSTEES ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Ill Principal address St Paul:s Church Churchside Chichester West Sussex POI 9 6FT Independent examiner Sam Ede FCA FCCA BFP Lewis Brownlee (Chichester) Limited Applearam Barns Birdham Road Chichester P020 7EQ Bankers Barclays Bank plc 74175 East Street Chichester West Sussex PO19 IHR Parochial Church Council of St Paul's Chichester Annual Report and Financial Statements For the Year Ended 31 December 2024 CONTEIYTS PAGES Trustees, A]]nual report Statement of responsibilities of the members of the PCC Independent exarniner's report Sratement of fInancial activities Balan¢e sheet io Notes to the fulancial statements 11-20 Parochial Church Council of St Paul's Chichester Tru5tees' Annual Report Year Ended 31 December 2024 The member5 have pleasure in presenting their report and the unaudited financial statements of the charity for the year ended 31 December 2024. Our aims and purposes as a charity St Paul's PCC became a registered charity on 26 January 2010. The charity's name is The Parochial Church Council of the Ecclesiastical Parish of St Paul's, Chichester and the charity number is 1133785. When planning our activities for the year, the incumbent and the Parochial Church Council have considered the Charity Commission's guidance on public benefit and, in particular, the specific guidance on 'charities for the advancement of religion,. The Council has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016, fully recognising its duty to have due regard to House of Bishops, guidance on safeguarding children and vulnerable adults. Our Goals After a consultation with the congregation in 2017, the PCC adopted five goals towards which we continue to work. They are as follows- A true parish church - rooted in the life of the city, responsive to local needs, and open to all. 2. A place of imaginative and inspiring worship, with the Eucharist at our heart. A community of faith, committed to deepening our own discipleship and nurturing the faith of others, not least children and young people. A church that promotes a culture of inclusion, safeguarding, stewardship and good governance. 5. A supportive and caring congregation, with strong mission links and a commitment to environmental sustainability. These were reviewed by the PCC in October 2021 but were not significantly changed. How we are seeking to be a true parish church- rooted in the life of the clty, responsive to local needs, 3nd open to all. The Rerfd Canon Paul Doick was appointed as the Rector of the Parish of St Paul's Chichester and St Peter's Westhampnett on 23rd April 2025. He and his wife lan were welcomed to the Parish at a Eucharist led by the Bishop of Horsham which saw a very full church, including representatives from across the local community- St Paul's provides space for all manner of groups to meet, both those that have the roots in the church and others from the wider community- Church-run groups included the Motherfs Union, the F3A group (Fellowship of the Third Age), a Ladies, Group and a number of groups and artivities for children that are described below. The parish centre was widely used. The centre was used by Confide, a counselling service for people on low incomes. It gave space for meetings and language lessons for refugees and asylum seekers who are linked to Sanctuary in Chichester. There were weekly meetings of Say Aphasia that offers support to stroke patients and the Chichester Festival Theatre's Friday Company for young adults over the age of 25 with learning difficulties. Together our community ITOCI, an organisation that enables people over 18 who have learning difficulties to meet and enjoy different activities, also met at St Paul's. The young people served coffee after the 10am Eucharist on Thursday5 and prepare their own lunches every Wednesday during term-time. Raised beds in the church grounds also allow the young people to grow vegetables for their own use and as ingredients for their lunches. In addition, the centre was regularly used by eight voluntary organisations and there were numerous occasional meetings. The church was used by a rock choir, rehearsals of the Chichester Singers, the NHS Blood Transfusion service for blood donor sessions and ABRSM music exams. Eight Festival of Chichester events were held at St Paul's. Other concerts also took place during the year. A concert celebrating the 150th Anniversary of the Church's Pipe Organ was held in September 2024, recognising this nationally- important historic instrument by Alfred Hunter. The church was used by two state schools, as well as St J05eph'5, a Church of England voluntary aided school within the parish, for productions and special seNices at Easter. HaNest and Christmas and for Year 6 leavers. St Michael's Hall continued to offer the only significant meeting place in the large residential area in the north of the city. It was in almost constant use by keep fit classes, art groups, Brownies and Rainbows. residents. groups and for rehearsals of the Chichester City Brass Band. It also provided the venue for monthly tea parties on Sundays for members of the congregation and beyond. How St Paul's is a place of imaginative and inspiring worshipi With the Eucharist at our heart. The main service, at which the Eucharist is celebrated, took place at 10am on Sundays, supported by a large robed choir and organist team. Retired and volunteer clergy have managed services until April 2024 and have continued to assist the Rector from then. The main Eucharist, held at 10am on Sundays is a sung service, with the music led by a choir of adults and children. A Book of Common Prayer-based Eucharist is held at 8am. The average Sunday attendance stood at 201 adults and 45 children each week. There was also a Eucharist on Thursday mornings. Together with Morning prayer, which was said from Tuesday to Fridays at 9am, and Home communions, midweek worship was attended by an average of 45 adults. There were also occasional services such a5 Choral Evensong, a pet service. Community Carols and a Crib and Christingle seNice. A substantial newsletter The Grapevine is published each month (apart from August) that gives details of services and events and contains articles for reflection. As well as our regular services we hold a number of services relating to life events. During the year there were 38 baptisms, 5 readings of banns, 11 funerals, including those only held at the crematorium and 2 interments of ashes. There was also I wedding in church and I blessing of a couple held in church. How St Paul's aspires to be a community of faith. committed to deepening our own discipleship and nurturing the faith of others, not least children and young people. St Paul's continued to offer many opportunities for deepening discipleship and nurturing the faith of other5. St Paul's followed the diocesan Lent course on the Old Testament. During the year Bible study sessions followed the Thursday Eucharists. There were several organisation5 for younger members of the church. The average attendance at Sunday School was 25 children. During term time an average of 15 children attended Ignite for Years 3 to 6. Following the departure of a youth worker, youth activity has focussed on primary school-aged children over the year. This is currently being led by the Rector with support from volunteers and our Schools and Families Worker. In March there was a children's pilgrimage to Walsingham in which 16 children participated. In June, 6 adults and 14 children were confirmed. In November, on the feast of Christ the King, 23 children received their first Communions A grant from the Diocesan Mission Fund continued to make possible the employment of a Schools, and Families worker to work mainly in St Joseph's Academy. St Paul's provided Bibles for the Year 6 leavers. How we are working towards being a church that promotes a culture ot inclusion, safeguarding, stewardship and good governance. St Paul's is an inclusive church and the congregation reflects the diversity within the parish. It IS attended by people of all ages and they are encouraged to play an active part in service5 and a wide range of volunteer roles. There is no distinction between men and women in the offices that can be held. The Rertor and the PCC have been supportive of introducing the 'Living in Faith, liturgy as the only liturgy that the Church of England allows for recognition of the commitment of same SÈX couples. The number recorded on the electoral roll at the Annual Parochial Church Meeting on 11 May was 265, an increase of 16 from 2023. Six names were added during the year after being noted by the pcc. The PCC met seven times in 2024. The average attendance was 75%. The PCC received regular reports on finance and safeguarding and took steps to ensure that the safeguarding policies relating to children and to vulnerable adults were up to date and prominently displayed. Other matters discussed by the PCC during the year included a comprehensive review of corporate and stafFing policies, hall hire terrns and conditions, an additional parish share payment of £10,000 to the Diocese, whether to establish electric vehicle charging in the car park Iwhich was not pur5uedl, and the potential for a future youth worker. How we try to be a supportive and caring congregation, with strong mission links and a commitment to environmental sustsinability. St Paul's has long-standing commitment to give some of its regular giving income from the general fund to mission agencies and charities. In 2024 this amount was £5,400. This has been held at the level for some years, originally based on 5% of relevant income. Donations of £540 were made to the main mission partners (the Church Mission Society, Christian Aid. BEATS. Chichester Diocese West Africa Link and the United Society for Partners in the Gospel). Additionally. members of the congregation were invited to nominate charities to receive money. This apportionment was made as follows. Payments of £385 were made to Medicins Sans Frontieres that provides emergency medicine in seventy tountries worldwide. Samaritans that provides emotional support to people in distress, Parenting Mental Health that supports parents of children with mental health issues, HEART, a local charity, that provides hot meals to people who are homeless or in need, My 5isterfs House that helps women at risk of domestic abuse and the Chichester Foodbank. Compassion UK was supported for the first time with £390, this being Christian charity that supports children internationally. The PCC has agreed that funding for each charity would be limited to a three-year period overall in order to allow other charities to be nominated. Supplementary funds for mission were r2ised during the year from the parish barbecue in July and a barn dance in October. A monthly donation of food and toiletries to Stonepillow, a local homelessness charity, continued. In addition, some members of the congregation sang carols outside the Festival Theatre in late December to raise money for Stonepillow. At Christmas, members of the congregation bought toys to be given to children who had contact with the Diocesan Family Support Work projects. A collection was made in church in Christian Aid Week. St Paul's is a Fair-Trade church and we are committed to using fair trade products wherever possible. We continued to hold an Eco-congregation award. Governance and management ofthe charity The Parochial Church Council IPCCI is registered with the Charity Commission as required by the Charities Act 2011. Its governing document is the Parochial Church Councibs (Powers) Measure 1956. Committees The Standing Committee is the only committee required by law. It has power to transact the business of the PCC between its meetings, subject to any direction given by the Council. It met 3 times in 2024. Risks The PCC have reviewed and assessed the risks relating to its activities ond satisfied that they have taken all reasonable steps to limit or provide cover for the major risks. This has included a comprehensive review of all corporate and staffing policies and the hall hire terms and conditions. Reserves It is PCC policy to maintain a balance on the unrestricted reserves (excluding property) which it considers appropriate as a contingency for unforeseen bills. The General Fund (which is effectively the unrestricted fund excluéing all the designated funds) had balance at the year-end of £236,91812023 £186,3781. Investment Policies The PCC has authority and power to invest its funds in accordance with its legal responsibilities. Membership of Parochial Church Council (PCCI During the year the following served as members of the Parochial Church Council.. Ex Officio members Incumbent= The Rev'd Canon Paul Doick The Rev'd Rachel Hawes Chairman Ifrom April 20241 Associate Rector Churchwardens.. David Foster Irenewed in May 2024. Chaimian until April 2024, Vice- Chairman from April 20241 Jeannie Taylor. (renewed in May 2024.1 Margaret Heald lex-officio, Diotesan Synod) Eletted Members Jane Cherry Icoopted until May 20241 lan Creswick (from May 20241 Charles Gauntlett (until May 20241 Bethany Herrod. (from May 20221 Mark Holl Ifrom May 20231 Chantal Lushington. (from May 2023. Previously co-opted) Christine Meaden (from May 20231 Chris Merrien (from May 2021, second term) Avril Priestman (until May 20241 Richard Radford (until May 20241 Katy Stephen Ifrom May 20231 Roderick Smith* Ifrom May 2023, Treasurer) Chantal Tomlinson Ifrom May 20241 Patricia Vincent-Townend (from May 20241 *Standing Committee member Deanery Synod Caroline Adams (from May 20231 Jennie Aitchinson (from May 20231 Margie Caldicott Ifrom May 20231 Martin Tomlinson (from May 2021, second term) Secretary Emma Baverstock until April 2024. Charles G3untlett from April 2024 IPCC member until May 20241. Membership of the PCC is determined under the Church Representation Rules and consists of certain ex-officio members (the incumbent/priest-in-charge, curate, lay readers licensed to officiate in the church), the churchwardens and members of the Deanery, Diocesan or General Synods and 12 members ot the church. This Trustees, Annual Report was approved by the PCC and signed on their behalf by Rev'd Canon Paul Doick, PCC Chairman. Parochial Church Council Of St Paul's Chichester Statement of Responsibilities of the Members Year Ended 31 December 2024 The Charities Act and Charity Law and Church Accounting Regulations 2006 require the members of the PCC to prepare fir¢ancial statement5 for each financial year which give a true and fair view of the state of affairs of the charity at the end ot the year and of the incoming and outgoing resources for the year then ended. In preparing those financial statements, the members of the PCC are required to- select suitable accounting policies and then apply them consistently,. make judgements and estimates that are reasonable and prudent,. state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements,. and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue its activities. The members of the PCC are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Art and Charity Law and Church Accounting Regulations 2006. The members of the PCC are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Parochial Churth Council of St Paul's Chichester Independent examxtker's report to tb¢ D)embtrs ￿ECc of St Paul'5 Church I report to the members on my examination of the accounts of thè PCC of St Paul's Church l-he PCCI for the year ended 31 December 2024. Responsibilities and basts of report As the charity members of the PCC you arè responsible forthe preparation of the ac￿unt5 in accordance with the requirements gf the Charities Art 20111'the ACVI and the Church AccouniinB Regulations I'the Regulations'l. I report in respett of my examination of the Trusvs accounts carried out under sertion 145 of the 2011 Att and in carrwng out my examination I have followÈd all the applicable Direttions given by the Charity Commission under sertion 145151{bl of the Act. Independent examinerfs statement I h3ve Completed my examination. I confirm that no material matters have come to rny attention in connettion with the examination giving me cause to believe that in any m2terial respect: l. accouniing records were not kept in respett of the PCC as required by section 130 of th& Att- or 2. the 3tcounts do not 3ccord wfch those records; or 3. the accounts do not comply wtth the applicable accounting requirements of the Church Accounting Re8u13tions. 4. the accounts do not complywith the applicable requirements concerning the forfft and content of the accounts set out in the ChLTrities (Account5 undReportsJ Regtslotions 2008 other than any requirementth8t the accounts ￿ve'a true and fair Vte￿ which is not a matter considered as part of an independent examination. I have no concerns and have come acros5 no other matters in connertion with the examination to which attention should be drawn in this report in order to enable proper understanding of the at¢ounts to be reached. Sam Ede FCA FCC4 BFP Lewis Brownlee Ichithesterl knmtted Appledram Barns Birdham Road Chichester P020 7EQ PAROCHIAL CHURCH COUNCIL OF ST PAUL'S CHICHESTER Registered Cbarity no. 1133785 STATEMENf OF FINANCL4L ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 TOTAL FUNDS TOTAL FUNDS Unrestricted Restricted Endowment Note,. Funds Funds Funds 2024 2023 IncomiD¢W resources Donations c7nd legacies Othet trading ociivities Incomefrom Envtrsrmenis Incomefrom churck 17Ctivities Olher income Total itse0￿e and endownhents 3a 3b 194.660 71,614 3,702 1,784 22.357 113 217,017 71,727 s￿59 1,784 J69,4QO 65.697 4,285 1,892 soo 241,664 1,658 3d ?71,759 22,470 1,658 295,886 Resources expended Eypendilure on roisingfynds Expendiiure church actiyities Total resources expended 3,219 225,789 229,008 266 19Q. 190 J90,4)6 4b 210,264 213,483 14.025 14,025 1.501 I,iOI Gains/(ltssses) OF? EnvEsfmgKts GaEns/(tossesJ on investmentFroptrty 7b 2,505 2,505 Net incomingl(outgoing) resources before trallsfers Gross Ir(4nsfers beIWeenfL￿ 8,445 1,096 157 69,384 51,208 (1.096) Net incomingl(outgoing) resources before other recounised gainsJqosse$ 59,685 9,541 157 69,384 51,208 Net movement in funds 59.685 9,541 157 69,384 iI,208 Total funds brought f0Th￿ard at l January 203,614 56.125 7,814 267,553 216.345 Totsl funds carried forward at 31 December 263,299 65.666 7,971 336,937 267,553 Page 9 PAROCHIAL CHURCH COUNCIL OF ST PAUL'S CHICHESTER Registered Charity no. 1133785 BALANCK SHEET AT 31 DECEMBER 2024 Notes 2024 2Q23 Fixed assets Investtnent Property (sold at market value ) Tangible fixed assets Investments 7b 6,845 4,559 Total fixed Assets 6,845 4,339 Current assets Stock Debtors Short tem deposits Cash at bank and in hand 150 101,405 225,087 24,911 351,553 3iO J ?1.476 J43. ?41 ?79),666 Current Liabilities Creditors= amounts falling due within one year io {21,462) (16,453) Net ¢UTrent assets 330,091 203. ?15 Total assets less current liabilities 336,936 ?67.5)3 NET ASSETS 336,936 Y67. jjj Funds Endowmellt funds 12 7,971 7,814 Restricted funds 12 65,667 56.12) Unrestricted funds 12 263298 903,614 TOTAL FUNDS 336,936 267,ii3 Approved by the PCC and signed on its behalf by Revd. Paul Doick Rector / PCC Chairman= Roderick Smith, Honorary Treasurer Date The a¢¢ompanying notes forni a part of these financial statements. Page10 PAROCHIAL CHURCH COUNCIL OF ST PAUL'S CHICHESTER Registered Charity no. 1133785 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 l. Charity illformatio St Paul's Church is an unin¢oryortted charity re8iStered Èn England and Wale5. The principal pla¢¢ of business is ChuTch5ide. Chi¢hester. P019 IQN. The principal activitie5 and nature of entitv's operations is disclosed in the Trustees Report. The financial statements are presented in Sterling 1£), which is also the ftjnetional eurrencv of the charity. 2. Accounting policies Basis of preparing the fiD2nci31 ststements The financial starements of the eharitv. which is a public benefit entitv under FRS 102. have been Prepared in 2CCOTd2nce with the Charities SORP IFRS 10?I'Ac¢ountillg and Reportipg by Charities.. Staiement of Recommended Practice applicable to tharities preparing their ftnancial statements in accordanct wilh the Financial Reportillu Standard applicable in the UK and Republic of Ireland IFRS 10?), and Ehe Financial Reportin8 Standard 102'The Financial Reportin8 Standard applicable in the UK and Republic of ITeland'. The financial ststements have been prepared undeT the historical Cost ¢onveDtion as tnodified bv the inclusion of investment5 at rn￿kel value. The financial statements include all transactions. ￿set8 snd liabilities for ￿hIch the PCC is responsible in la￿. They do not include the accounts of church uroups that owe their affiliation to another bodv. nor those which are informal gatherings of ¢hurch rnembers. The a¢touDts hai'e been prepared ignoring all 5Tnall roundink differen¢¢s. The PCC consLitutes a public ben¢fii entitv as defined by FRSIO? b Funds aceoullting Funds held by the PCC are= L,￿resi11CledfftInd¥ - general funds which &qn be used for PCC ordinary purposes. DesignaiedfvKd¥ - monies set aside by the PCC out of unrestricted funds for specific fvture p{￿pOse$ or proje¢ts_ Resii'iGrgdfynds - al income from trusts or ¢ndoMThent5 which may be expended only on those restricted objec provided in the terms of the trust or bequest; bl donations or grants received for a specific object or invited bv the PCC for a specific object. The funds may only be expended on the spe¢ifi¢ object for which thev were given. Any balance remaining un5p¢nt at the end of the y&qr TS carried forward &$ a balance on that fund. Eypendttble ÈndowMentfiind* - fu￿0$ the capital of ￿hIch must be maintained: only income arising from the investment of the end0￿.ment may be used, etther &% restricted or unr¢skn¢ted funds: depending on the puryose set out in the tems of the original endo￿￿¢￿( Page11 PAROCHIAL CHURCH COUNCIL OF ST PAUL'S CHICHESTER Registered Charity no. 1133785 NOTES TO THE FINANCIAL STATEMENTS (contjDu¢d) FOR THE YEAR ENDED 31 DECEMBER 2024 IneomiD¥ re50uree5 All income and endowments are accounted for without deduction for any costs of re¢eivability- are recognised w'hen there is eviden¢e of cntitlement. receipt Trs probable, and the amount be me&8ured reliably. Colleclions are re¢ognised when received. PItsiTnedgiving Feceivable is recognised onlv when received. Jp7COn7e lay recoverable on Gift Aid donations is recognised when the income is recognised. GraAls legacies aTe recogntsed when the fornial offer in ￿TIting of the funding is received by (he PCC. lfvcofft£from ChurilableAciivtlits Income is recogptisedwhen ihe moitey is rgceived Incomefrom EnvesimÉJryts DTvidends are accounted for when due and pLyable. Interest entitlements are accounted for &8 ih4' &ctru¢. Tax recoverable on such income is ￿COgniSed in the same accounting year. All oiher incopne All other income is recognised in the period to which it Telates. Incotne received in advance is dtferred to the period io which it fflate5. Goins losses on inveslmeKts Realised gains are recognised when the investrntnts are sold. Unrealised gaiRs and losses are accounted tor on revaluation on 31 December. d Re$tPUTces used Resources expended are accoullted for on an accruals basis and are accounted for gros* Grants Grants 8Dd donations are accounted tor when paid over, or when a￿arded where the amwd creates a binding obligation on the PCC. Church Aciivilies The diocesan parish contribution is accounted for on an amual b&sis. reflecting the allocation sa by our deanerv. Anv parish contribution unpaid at 31 De¢eTnber 15 provided for in these accounts a5 am operdtional (though not a legall liability and is showm as a reditor in the balance sheeL Fixed Assets Toftgiblefuedossels Con5ecrnted and beneficed propeny ot'an}' kind is excluded from the accoutjis bv $.101?l of the Charities Act ?01 l. All expenditure on consecrated or benefTced buildinus and relaied moveable church fumishing5. whether maintenance or improwemenL is M'titten off as expenditure in the Staiement of Financial a¢tivitie5 and 15 sep￿atelY disclosed. The PCC own5 the freehold of St Michael's ChuKh Summersdale. which is held by the Diocese as Custodian Trustee. This propertv is not included at anj valuation in ihe accounts as there is insutTicient cost illfortnation for the asset and an alternative i'aluation ilould not be reliable for a church building. No depreciation is provided on propety &8 it is the PCC'S poli¢y io maintain the asset in a continual state ofsound repair. The economic lite of the asset 1$ so long and the residual value so hiJo that any depreciation w'ould not be material. The asset is subject to annual impaimient review5 and provision would be made for anv diminution in value. Page 12 PAROCHIAL CHURCH COUNCIL OF ST PAUL'S CHICHESTER Registered Charity no. 1133785 NOTES TO THE FINANCIAL STATEMENTS (colltinued) FOR THE YEAR ENDED 31 DECEMBER 2024 Fixed Assets (CODtiDued) Deprecialion Depreciation is calculated to write do￿Tr the cost of tangible fixed assets, excluding freehold properties, over their expected useful lives. The rates generally applicable are.. Church firnishings IOO/o Straight line Office equipment 109/0 Straight line St Mi¢haels fixtures & fittings IOD/o straight line Investment Property The flat at Regnum Court was sold at market value on 3 1st March ?0? l and proceeds used to fijnd phase ? of St Paul's Renewed. There is no other investment property. Invesimenls Investmenis are stated at market value at the balance sheet date and the statetnent of financial activities shows investment gains and losses arising from revaluation of the investment portfolio and disposals during the period. An investment account datino back over a decade belonging to the PCC is now included on the balance sheet followinLT PCC approval. Current Assets Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove uncolle¢table. Short-term deposits include cash held on deposit either with the CBF Church of England Funds or at the bal￿. g Creditors Short-term creditots are measured at transaction value. Page 13 PAROCHL4L CHURCH COUNCIL OF ST PAUL'S CHICHESTER Registered Charity no. 1133785 NOTES TO THE FINANCIAL STATEMENTS {continued) FOR THE YEAR ENDED 31 DECEMBER 2024 3 Incoming r￿0￿ree$ TOTAL FUNDS TOTAL FLQVDS Unrestricted Restricted Endowment Funds Funds Funds 2024 ?0?3 Donotions aF7d legacies Planned giving Collections at all servi¢es Grants, donations and appeals In¢c>me tsx recoverable Legacies 66.615 4,861 11,204 17,746 94,234 194.660 66,615 5,218 33204 17,746 94,234 217,017 68,840 8,150 19,638 20,707 i2, Ji5 169,490 357 2?,000 29,3)7 b Other trodin¢y actEVlties Fetes. bazaa￿ and other fund-raising events Parish Centre Hire Photocopying Coffee Sales (no longer anaiysed) 3,844 67,058 713 113 3,956 67,058 713 6,098 58,902 505 193 71,614 113 7l,727 Incomefrom inveslments Dividends and interest 3,70? 3,702 1.658 1.6)8 5J59 5,359 4,28) 4,285 d IKcomefrom Church Aclivities Pees from funerals. weddings etc 1.784 1.784 1,784 1,784 1,892 1,892 Oiher income Rent / surplus on disposal 300 300 Totsl incomiDg Tesources ?71,759 2?,470 1,658 295.886 ?41,664 Page 14 PAROCHIAL CHURCH COUNCIL OF ST PAUL'S CHICHESTER Registered Charity no. 1133785 NOTES TO THE FINANCIAL STATEMENTS leontillued) FOR THE YEAR EDIDED 31 DECEMBER 2024 4 Resources expended TOTAL FUNDS TOTAL FONDS Unrestricted Restricted Endowment Funds Funds Fund5 2f124 ?0?3 ExpepTdifui'É on rttisingfvnds Stewardship costs Fetes, bazaars and other fimd-raising events Concert Costs 3,219 3219 ?66 3.219 3219 266 b £¥pendilitie on chuj-cli aclii'ities Missionary and Charitable giving= Overseas.. B.E.A.T.S Christiart Aid CMSI SCOM IDWAL US (fonnally USPGI Diocesan Harvest Appeal Australian Koala ChaTity HoTlle'. S3m8rirons (Bognor & Chichester Branch) Sronepillow Idonations throughout yearl Chichester Food Bank ITrus5ell Trust) Four Streets Comp&ssion UK Hayling Island Donkey Medicit)e Sans FrDntiere$ Parentinu Mental Health Refugees in Chi¢hesieT Red Cross Heart My Sister5 House To be allocated reverse prior year 540 2.671 540 540 540 540 2.671 540 540 ?40 7S)O 1.290 790 790 790 350 350 385 150 385 385 150 385 450 JOQ 4iO 12 390 200 385 385 390 21>0 385 385 200 470 1,000 ?00 650 JOO io 385 385 385 38> 7.881 350 8231 Carol Silloers froTn churches throughout Chichester collected £2,250 on behalf of Stonepillow. which St Paul's received and paid to Stonepillow. Page 15 PAROCHIAL CHURCH COUNCIL OF ST PAUL'S CHICHESTER Registered Charity no. 1133785 NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 DECEIVIBER 2024 4 Resotsrees expended TOTAL FUNDS TOTAL FUNDS Unrestricted Restricted Endowment Funds Funds Funds 2024 Ministry costs.. diocesan parish conknbution other clergy costs Church running expenses Church maintenance Upkeep of services Upkeep of churchyard Parish magazinelLibrary Sunday school costsl Salariesl Youth Work Salariesl Trainin Self-employed organists Church hall running costs Bank ¢liarges Independent examination fee Professional Fees 87,084 4,939 11.970 25,096 10,331 3,459 189 14,241 ??,961 15,278 87,084 4,939 11,970 25,096 11,832 3,459 189 14241 36,636 15,278 421 3,000 3,414 225,789 Q44 8, 774 13,529 13,IOi 5,144 1,501 17.227 13,675 13,546 469 3, ?00 3.000 3.414 210 ?64 14,025 1.501 190,190 Total resources expended 213,483 14,025 1,501 229,008 190,456 Page 16 PAROCHIAL CHURCH COUNCIL OF ST PAUL'S CHICHESTER Registered Charity no. 1133785 NOTES TO THE FIIYANCIAL STATEMENTS (¢ontinued) FOR THE YEAR ENDED 31 DECEMBER 2024 5 Cost of workers 2024 2023 Cost ofworkers including organistfees 49.004 45,06? Durin(y the year the PCC paid a Director of Music, Oroanists, Youth workers, Caretaker, and Kitchen Manager (part year) all of whom are part time. Included in the above are costs of organi￿$ who are self-employed. No employee received remuneration in exc￿$ of £60,000. The average number of employees during the year was 5 (2023.. 4) b Pdymenis ro PCC members No payments were made to a member of the PCC this year. 6 Note DO IoDger required 7 Fixed Assets a Tangible fixed a$$ets St Mi¢haels fixtures & fittinos Church Furnishin Olfice ui ment TOTAL Cost or valuatio At l January ?0?4 Additions D￿SpOSal9 Revaluation Transfer io investhient property At 31 December 20?4 39,890 3,990 10,800 54,680 90 54, Depreciation At l January ?024 Provided in the year Disposals At 3 1 December 20?4 39,890 3,990 10,800 54,680 39,890 3,990 10.800 54.680 Net book amounts At 31 December 2024 At 31 December ?0?3 The PCC owls the freehold of St Michaels Church, Summersdale. which is held by the Diocese as Custodian Trustee. The property is not in¢luded at any valuaiion in the accounts as there is I￿uffICient cost information for the asset and an altemative valuation would noi be reliable for a church buildin( b Investments Market value l January ?0?4 CCLA Ernma MU￿￿￿ idge A¢¢ount' income receivedlwithdraMryL Market value 31 December 2024 4.339 2,485 20 6,845 ¥ Note". Historically omitted from balance sheet_ Now recognised. Page 17 PAROCHIAL CHURCH COUNCIL OF ST PAUL'S CHICHESTER Registered Charity no. 1133785 NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2024 8 Analysis of Net assets by fund Unrestricted Restricted Endowinent Totsl Funds Funds Funds Funds 2024 Total Ftsnds 2025 Fixed assets for church use Investment fixed assets Current ￿set5 Current liabilities 6,845 ?70,081 73,501 (lJ,627) (7.834) 6,845 351,i53 (21.462) 4,340 279,666 (J6.453) 7,971 ?63,299 65.667 7,971 336,936 26/.ii3 9 Debtors Unr¢sEri¢ted Restricted Endowment Total Funds Funds Funds Funds 2024 Total FE4nds 2023 Income tax recoverable Prepa)rynents and accrued income Accounts receivable 9.686 86.639 5.329 101,655 9,345 86.639 5,421 101,405 6.132 9? 2iO 8,668 10 Creditors: amounts fallitig due within ODe year Unrestricted Restricted Endowment Total Fund5 Funds Funds Funds 2024 Tolal Fun 2023 Deferred income A¢cruals for utilities and other costs Other Creditors (inc agency ctsllections) 11,713 9,749 21,462 8,630 7,823 J6.453 1,915 13,627 7,834 7,834 11 Related party trallsa4etions During the year the Rector received reimburs¢m¢nt for travel and other costs of £701 {20?3.- Nil). There have been no related party transactions that would require disclosure in Ihe accounts. Page 18 PAROCHIAL CHLRCH COUNCIL OFST PAUL'S CHICHEsfER Rt*sttred ChaTitv I135785 OTES TO THÈ FIN￿NcIAL STATEMENTS FOR THE thDED 31 DECEMBER 2024 12 È31 ￿fwd 31 DÈc•014 u￿r<￿t￿tte￿FUnd Gt￿e￿ fifftd tr¢51￿￿ Bo￿Bn9Bd￿ &rl Guidts 18th5T 99 15QS 2J6Jl8 973 12 D￿l$L￿￿ted Ftsmily¢aJnp DeSisnat￿F¢w¢ De8isMwd Ho￿¢1¢S5￿rrt D¢s1￿MIedLadl¢s GTQUP Desi￿&[ed￿ee1 & Eai DcsiBn<dN¢w Siafr D¢sign&lcdRrctDryRedc¢OMtitsA 760 1.09 i86 D£S1￿￿[ed MIs510nGT ¢5Jg?l¢dStOllCPLIIow 5.6 De5igna'.¢4 BRF-4ailybLbi¢re?dm8 Ke¢ior5 D￿CretiO D£51￿￿￿ SI NiL¢h*els 14071 75 1SJ70 265J91 1.096 OrWSEhol￿rS￿Lp P¥nsb Cmtr¢ tr¢v¢lDpnL¢nl Bu11ains￿l Developrnenl Cknsius Yguth Wi¢k&STJohM $5 56 456fj 950 5.057 930 sp¢c1￿ ¢ollwtLpll5 M¥51¢ H¢riiagtLGttery Fund 357 73 744 .131 E5D 284 311J1 AllthTpasL C3ttL*k i.o* i.o% &5.667 JryGordonb¢qvr# 7.971 fokl p36.936 DtstThJrÈd drtsGrtyup-w￿0]Y$eJ¢￿wthE%Of￿dl￿frQUp Mèèt& htwsiaft 1o5UPWrtLyMsOfnc￿ for￿mIle&PeN Acr¥JFV RfdEf4pvJhpn t0pm￿d¢fOr￿￿￿EdecDrJ￿￿0EIh￿rterQry tob*p￿d￿VCTptn<￿IC￿ty BRP PCCR¢%¢fYW. r¢pwd¢ fwfi1lu￿gwnditsr