## **Eastbourne Parish Church (St Mary the Virgin)** ## **Registered Charity No 1133958** ## **Trustees’ Annual Report and Financial Statements** of the Parochial Church Council for the year ended 31 December 2022 ## Officers Vicar Canon Tom Mendel MA SSC Churchwardens Gill Siggs Martin Devonish PCC Secretary & Treasurer Nancy Randles MBA Bankers Barclays Bank Plc Terminus Road Eastbourne BN21 3PG Investment Managers Charles Stanley & Co Ltd 55 Bishopsgate London EC2N 3AS ## **Contents** |**Contents**|| |---|---| ||Page| |Trustees Annual Report for 2022|3| |Annual Financial Report|5| |Stewardship Report|6| |Deanery Synod Report|6| |Safeguarding Report|6| |Buildings & Fabric Report|7| |Accounts for 2022|9| ||20| |Appendix 1|22| |Summarised Results 2022 & Budget 2023|| 2 ## **Eastbourne Parish Church St Mary the Virgin Registered Charity No 1133958** ## **Trustees Annual Report for 2022** ## **Structure, governance and management** 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 Council (Powers) Measure 1956. During the year the following served as members of the Parochial Church Council:- _Ex-Officio Members:-_ Incumbent Canon Tom Mendel MA SSC Wardens Martin Devonish Gill Siggs _Deanery Synod:-_ Brian Etheridge (also Stewardship Secretary) Ian MacKellar (also Clerk of the Works) Graham Marsden John Oliphant Nancy Randles (also Treasurer and Secretary) _Elected Members:-_ Carol Walsh Peter Morston Elaine Beynon Lyndsay Hylton _Co-opted_ Elaine Fletcher (Safeguarding Officer) Membership of the PCC is determined under the Church Representation Rules and consists of certain ex-officio members (the Incumbent/Priest in Charge, Curates, Lay Readers licensed to officiate in the church, the Churchwardens and members of the Deanery, Diocesan or General Synods and up to nine members of the Church who are elected at the Annual Parochial Church Meeting (APCM). Members of the congregation are warmly encouraged to stand for election to the PCC and attempts are made where possible to ensure there is a balance of skills and experience on the Council. ## **Aims and Purposes** The primary objective of St Mary’s PCC is the promotion of the Gospel of Our Lord Jesus Christ according to the doctrine and practices of the Church of England. The PCC has the responsibility of co-operating with the Incumbent, Canon Tom Mendel, in promoting in the ecclesiastical parish the whole mission of the church, pastoral, evangelical, social and ecumenical. 3 The PCC’s objectives for the year have continued to be - Enabling as many people as possible to worship at our church. - Enabling as many people as possible to find a place of calm and refuge in the church building, especially as the pandemic subsides. - Enabling as many people as possible to become part of our parish community at St Mary’s. The PCC maintains an overview of worship throughout the Parish and makes suggestions on how our services can involve the many groups that live within the Parish. Our services and worship put faith into practice through prayer and scripture, music and sacrament. When planning our activities for the year, the Incumbent and the PCC have considered the Charity Commissioner’s 2018 guidance on public benefit and, in particular, the specific guidance to charities for the advancement of religion. In particular we try to enable local people to live out their faith as part of our parish community through:- - Worship and prayer, learning about the Gospel, and developing their knowledge of and trust in Jesus. - Provision of pastoral care for people living in the Parish. - Missionary and outreach work. - Parish organisations (as far as national regulations and guidance permit) To facilitate this work it is imperative that we maintain the fabric of St Mary’s Church, The Old Parsonage and The Old Parsonage Barn and Cart Lodge. ## **Committees** The PCC operates through a number of committees. The Standing and Finance Committee is the only committee required by law. Its membership consists of the Vicar, Churchwardens, Secretary, Treasurer, Stewardship Secretary and Clerk of Works. ## **Achievements and Performance** ## **Church Attendance** The number of people on the electoral roll is The number of people on the electoral roll is 262. There have been seven additions and nine deletions since the last APCM (Sadly seven people have died) There are 143 people non-resident in the parish and 119 resident in the parish. Attendance is recovering from the months of pandemic during which there were periods when the church was forced to remain closed. Limitations on capacity to allow for social distancing have been eased and by the end of the year had been removed. Sunday services were well attended and In addition, a celebration of the Eucharist has been live-streamed every day and viewed both within and outside of the parish. 4 ## **Review of the year 2022** The PCC met on five occasions during the year. The Standing Committee met as required during the year and Minutes of its deliberations were received by the full PCC and discussed where necessary. During this period, apart from the usual general business, the PCC discussed the following matters:- Recovery from the pandemic Christmas arrangements Investments and financial matters Youth matters and safeguarding Building matters and fabric concerns for the short and medium term ## **Financial Review** 1. The total receipts on general unrestricted funds were £166,363 and are detailed in the Financial Report. 2. The Stewardship receipts through envelopes and bankers’ orders were £62,439. Our use of the Gift Aid scheme enabled the recovery of £14,707 tax. **3.** The largest expenditure of the PCC was the sum of £60,000; £50,000 paid to the Diocese to cover ministry costs, although this was less than the full parish cost, and £10,000 to help other parishes in the Deanery. ## **Reserves Policy** It is the PCC’s policy - To maintain a balance on the general fund which equates to approximately two months’ worth of unrestricted payments as contingency against unforeseen situations. The closing result, showing a deficit of £15,739 at the end of 2022 did not fully achieve this. - To invest surplus funds with Charles Stanley, stockbrokers, to provide an income to support the ongoing work of the church and at least maintain the real capital value. ## **Legacy Policy** The PCC welcomes and is grateful for legacies, of whatever size, and is always concerned to use every legacy for the benefit of the Parish. All legacies are directed to the PCC’s legacies fund, which is used for capital or other special projects. The PCC’s policy is to refrain from using legacies to fund routine running expenses. The Trustees Annual Report and Financial Statements were approved by the PCC on 21[st] March 2023 and signed on its behalf by The Revd Canon Tom Mendel, PCC Chairman. 5 ## **STEWARDSHIP REPORT** This annual report is for 2022 before our renewal appeal in February this year. At the end of December 2022 there were 21 contributors using the weekly envelopes. The number of contributors using monthly or annual bank standing orders totalled 69. Of the total number of 90 in the Stewardship scheme, 70 have signed Gift Aid certificates, which has enabled the Church to reclaim a further 25p for each pound given. To help maintain and increase the income of the Church we need to encourage more of the congregation to join the scheme, so that the numbers joining exceed the number leaving. ## **Brian Etheridge, Stewardship Secretary** ## **THE EASTBOURNE DEANERY SYNOD REPORT** The Deanery Synod met three times during 2022. The first meeting was held on 24[th] February at St John’s Polegate. Bishop Will Hazelwood, Bishop of Lewes and Brighton spoke first of his faith journey and then on the effects of the pandemic: the weariness for those coping day after day with the restrictions: the creativity with which solutions were found: the good lessons learnt about new ways of engaging with the community. He then commented on how the church can show forgiveness and desire to care for others. He ended with a question: how do we model faith with joy – joy for an anxious world. The second meeting was held on 8[th] June at All Souls. There was an interview with Revd. David Harrigan, Vicar of St Elisabeth’s. Vanessa Redhouse told the synod about the Ukranian family they have given a home to in the vicarage at All Souls. The third meeting was held on 20[th] October at St Richard’s. The vicar of St Richard’s, the Revd Alan Weaver, gave an introduction and said that, earlier that week, the church had celebrated the 65[th] anniversary of the building of the church. The Revd Danny Pegg spoke about the Inspiring Angels Project in the Deanery. There was a written report from our Representative on the General Synod. The synod said goodbye to the Rural Dean, Revd David King who was leaving St Andrew’s to become Rector of St Mary’s Balcombe and Vicar of St Richard’s Haywards Heath. ## **Brian Etheridge, Deanery Synod Representative** ## **SAFEGUARDING REPORT** The PCC has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have regard to House of Bishops’ guidance on safeguarding children and vulnerable adults). It is lovely that we are now able to worship at St. Mary’s without the restrictions that the pandemic imposed. Church life is returning to pre 2020 routine and with that comes the 6 responsibility of ensuring the safe well-being of all our congregation and groups that make up our church community. To ensure that we carry out an effective safeguarding regime, we must recognize that everyone is included, not just the young, elderly or infirm, everyone is at risk from being vulnerable at some time in their lives. To prevent someone being taken advantage of or abused we must all be aware of the value of safe practices within our church setting. Please remember, safeguarding is not an optional extra. If we do not comply, we are failing as a parish. Communication is key and is vital for the safe organization of our church. If you are worried about a situation or have concerns about someone’s welfare, please do not hesitate to contact me. Any matters brought to the attention of a PSO will be dealt with in strict confidence and will be passed to the relevant professional body for assistance. ## **Elaine Fletcher** ## **BUILDINGS AND FABRIC** I am pleased to report that the following works (in no particular order) have been completed during the year, however due to limited funds only essential work has been carried out. ## **CHURCH** The main items of work carried out this year include: - 1 Completion and commissioning of the boiler installation - 2 Quinquennial inspection carried out and report presented to members of the PCC - 3 Repairs to the Nave and Chancel roofs - 4 Fire extinguishers replaced and fire alarm serviced ## **OTHER PROPERTIES** Further works were required to the properties owned by the Church; the works being: ## 1. **The Old Parsonage / Barn** - Installation of a new kitchen to the Verger’s flat - Repairs to the chimney in the Verger’s flat - Repointing of external stonework - Fitting of snowguards to the Old Parsonage - Trap hatch formed to allow access to Barn roof - New metal guards fitted to openings in each gable of the Barn to prevent pigeons gaining access - Barn roof cleaned of pigeon guano and timbers treated against infection including the removal of the roof insulation. ## **2. 20 Motcombe Road** - Smoke and carbon monoxide alarms replaced 7 ## **3. 6 Bay Pond Road** - Building inspection carried out which confirmed subsidence had occurred together with structural repairs required - Repairs to the subsidence carried out ## **FUTURE WORK** The main item of works planned for 2023 are: 1. Treatment of the roof timbers in the belfry and Barn 2. New roof insulation to the Barn roof 3. Works to the church as identified in the quinquennial report 4. Investigation into the replacement, together with costs, of the lighting in the church 5. Structural repairs to 6 Bay Pond Road ## **CONCLUSION:** My thanks to members of the Standing Committee and the PCC for their time and consideration of the matters listed above and also to Wayne Stepney, the Verger, and the architect, Mr Peter Pritchett of Paramount Architecture, for their continued support. ## **Ian MacKellar** 8 ## **Eastbourne Parish Church - St. Mar the Vir in y g** ## **Parochial Church Council** ## **Statement of Financial Activities for the year ended 31 December 2022** |**Note**
**Incoming Resources**
Voluntary Income
2(a)
Activities for generating funds
2(b)
Income from investments
2(c)
Church activities
2(d)
Other incoming resources
2(e)
**Total Incoming Resources**
**Resources Expended**
Cost of generating voluntary income
3(a)
Fund raising trading costs
3(b)
Church activities
3(c)
Governance costs
3(d)
**Total Resources Used**
Net Incoming (Outgoing) Resources
Unrealised
Gains
(Losses)
on
Investments
Transfer between Funds
Net Movement in Funds
Balances brought forward at
1 January 2022
Balances carried forward at
31 December 2022|**Unrestricted**
**Funds**
**£**
**Restricted**
**Funds**
**£**
**Endowment**
**Funds**
**£**
**Total**
**2022**
**Funds**
**2021**
90,052
90,052
93,594
37,887
37,887
34,064
27,746
494
881
29,121
28,568
9,647
9,647
9,605
150
150
3,274| |---|---| ||165,482
494
881
166,857
169,105| ||134
134
174
-
-
-
214,359
120
214,479
166,043
100
100
100| ||214,593
120
214,713
166,317| ||(49,111)
494
761
(47,856)
2,788
(64,685)
(2,548)
(67,233)
73,413| ||(113,796)
494
(1,787)
(115,089)
76,201| ||1,132,122
37,554
37,149
1,206,825
1,130,624| ||1,018,326
38,048
35,362
1,091,736
1,206,825| _The notes on pages 11 to 19 form part of these accounts._ 9 **Eastbourne Parish Church - St. Mar the Vir in y g** ## **Parochial Church Council** ## **Balance Sheet at 31 December 2022** |**Note**
**FIXED ASSETS**
Tangible fixed Assets
5
Investment assets
6
**CURRENT ASSETS**
Debtors
8
Short term deposits
Cash at bank and in hand
**LIABILITIES:**Amounts falling due within
one year
9
**NET CURRENT ASSETS**
**NET ASSETS**
**FUNDS**
Endowment
7/10
Restricted
11
Unrestricted
12/13|**2022**
**£**
**2021**
**£**
253,751
253,751
704,385
814,107| |---|---| ||958,136
1,067,858
20,113
19,365
88,028
114,748
30,868
7,968| ||139,009
142,081| ||5,409
3,114| ||133,600
138,967| ||**£ 1,091,736**
**£ 1,206,825**
35,362
37,149
38,048
37,554
1,018,326
1,132,122| ||**£ 1,091,736**
**£ 1,206,825**| Approved by the Parochial Church Council on 21 February 2023 and signed on its behalf by: The Reverend Canon Tom Mendel (Chairman) Mr Martin Devonish (Churchwarden) 10 **NOTES TO THE FINANCIAL STATEMENTS** For the year ended 31 December 2022 ## **1. ACCOUNTING POLICIES** ## **a Accounting convention** The financial statements have been prepared in accordance with the Charities Act 2011 and under current Church Accounting Regulations in accordance with applicable accounting standards and the current (2015) Statement of Recommended Practice, Accounting and Reporting by Charities SORP (FRS102), as amended in 2016. The financial statements have been prepared under the historical cost convention as modified by the inclusion of investments at market value. 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. ## **b Funds accounting** Funds held by the PCC are: _Unrestricted funds_ – general funds which can be used by the PCC for 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 the capital of which 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. ## **c Incoming Resources** All incoming resources are accounted for gross. ## _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 receivable. _Grants and legacies_ are recognised when the PCC is legally entitled to the amount due. _Income from investments_ Dividends are accounted for when due and payable. Interest entitlements are accounted for as they accrue. ## _All other income_ All other income is recognised when it is receivable _Gains and losses on investments_ Realised gains are recognised when investments are sold. Unrealised gains and losses are accounted for on revaluation on 31 December. ## **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. 11 ## **NOTES TO THE FINANCIAL STATEMENTS (continued)** For the year ended 31 December 2022 ## _Church Activities_ The diocesan parish contribution is accounted for when paid. ## **e Fixed Assets** ## _**Consecrated land and buildings and movable church furnishings**_ Consecrated and beneficed property is excluded from the accounts by s.10(2) of the Charities Act 2011. No value is placed on moveable church furnishings held by the Churchwardens on special trust for the PCC and which require a faculty for disposal since the PCC considers this to be inalienable property. All expenditure incurred during the year on consecrated or benefice buildings and moveable church furnishings, whether maintenance or improvement is written off as expenditure in the SOFA and separately disclosed. The insured value of the church and the moveable furnishings is £24,600,000. ## _**Freehold properties**_ Included at cost, but see Note 5. No depreciation has been provided as these comprise residential accommodation where the residual value is expected to be maintained, as it is the policy to maintain these assets in a continual state of sound repair. The useful economic lives of these assets is thus so long and the residual values so high that any depreciation would not be material. These assets will be subject to regular impairment reviews. Provision will be made if there has been any permanent diminution in value. ## _**Other fixtures, fittings and office equipment**_ Equipment used within the church premises is depreciated on a straight-line basis over 4 years. Individual items of equipment with a purchase price of £750 or less are written off when the asset is acquired. ## _**Investments**_ Investments are valued at market value on 31 December. ## **f 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 uncollectable. Short-term deposits include cash held on deposit either with the CBF Church of England Funds or with Virgin Money. ## **g. Pension Arrangements** Eastbourne Parish Church (St Mary the Virgin) participates in the Pension Builder Scheme section of Church Workers Pension Fund for lay staff. The Scheme is administered by the Church of England Pensions Board, which holds the assets of the schemes separately from those of the Employer and the other participating employers. 12 The Church Workers Pension Fund has a section known as the Defined Benefits Scheme, a deferred annuity section known as Pension Builder Classic and a cash balance section known as Pension Builder 2014. ## **Pension Builder Scheme** The Pension Builder Scheme of the Church Workers Pension Fund is made up of two sections, Pension Builder Classic and Pension Builder 2014, both of which are classed as defined benefit schemes. Pension Builder Classic provides a pension for members for payment from retirement, accumulated from contributions paid and converted into a deferred annuity during employment based on terms set and reviewed by the Church of England Pensions Board from time to time. Bonuses may also be declared, depending upon the investment returns and other factors. Pension Builder 2014 is a cash balance scheme that provides a lump sum that members use to provide benefits at retirement. Pension contributions are recorded in an account for each member. Discretionary bonuses may be added before retirement, depending on investment returns and other factors. The account, plus any bonuses declared is payable, unreduced, from age 65. There is no sub-division of assets between employers in each section of the Pension Builder Scheme. The Scheme is a multi-employer scheme as described in Section 28 of FRS 102 as it is not possible to attribute the Pension Builder Scheme’s assets and liabilities to specific employers. This means that contributions are accounted for as if the Scheme were a defined contribution scheme. The pensions costs charged to the SoFA in the year are contributions payable (2022 £2,248, 2021 £2,248). A valuation of the scheme is carried out once every three years. The most recent scheme valuation was carried out as at 31 December 2019. The next valuation is due as at 31 December 2022 For the Pension Builder Classic section, the valuation revealed a deficit of £4.8m on the ongoing assumptions used. At the most recent annual review, the Board chose to grant a discretionary bonus of 10.1% following improvements in the funding position over 2022. There is no requirement for deficit payments at the current time. For the Pension Builder 2014 section, the valuation revealed a surplus of £5.5m on the ongoing assumptions used. There is no requirement for deficit payments at the current time. The legal structure of the scheme is such that if another employer fails, Eastbourne Parish Church could become responsible for paying a share of that employer’s pension liabilities. 13 ## **2. INCOMING RESOURCES** |**2(a) Voluntary income**
Planned giving
Collections at all services
Gift days
Sundry donations and
appeals
Income tax recoverable
Legacies
**2(b)**
**Activities**
**for**
**generating funds**
Festivals/Fayre Fund raising
Rental income
**2(c) Investment income**
Dividends and interest
**2(d) Income from Church**
**Activities**
Church Hall donations
Fees from weddings etc.
Parish Magazine
**2(e)**
**Other**
**incoming**
**resources**
Insurance claims
Grants
**TOTAL**
**INCOMING**
**RESOURCES**|**Unrestricted**
**Funds**
**£**
**Restricted**
**Funds**
**£**
**Endowment**
**Funds**
**£**
**Total**
**2022**
**£**
**Funds**
**2021**
**£**
62,439
62,439
60,656
5,149
5,149
4,822
4,885
4,885
9,233
2,872
2,872
1,871
14,707
14,707
16,012
-
-
1,000| |---|---| ||90,052
90,052
93,594| ||2,798
2,798
1,007
35,089
35,089
33,057| ||37,887
37,887
34,064| ||27,746
494
881
29,121
28,568| ||27,746
494
881
29,121
28,568| ||7,477
7,477
5,562
2,170
2,170
4,043
-
-
-| ||9,647
9,647
9,605| ||-
150
-
150
-
3,274| ||150
150
3,274| ||165,482
494
881
166,857
169,105| 14 ## **3. RESOURCES EXPENDED** |**3(a) Cost of generating**
**voluntary income**
Stewardship costs
**3(b) Fundraising trading**
**costs**
Fayre expenses
**3(c) Church activities**
Missionary & charitable
giving:
Overseas:
- Missionary societies
- relief development
agencies
Home missions & charities
Ministry costs:
parish contribution
to support others
other clergy costs
Church running expenses
Church maintenance
Fabric fund
Legacies fund
Upkeep of services
Parish magazine
Educational costs
Old Parsonage & Barn
Running costs
Repairs
Other Property repairs
Bank charges
**3(d) Governance costs**
Cost of annual accounts
**TOTAL**
**RESOURCES**
**EXPENDED**|**Unrestricted**
**Funds**
**£**
**Restricted**
**Funds**
**£**
**Endowment**
**Funds**
**£**
**Total**
**2022**
**£**
**Funds**
**2021**
**£**
134
134
174| |---|---| ||134
134
174| ||-
-
-| ||-
-
-| ||-
-
-
-
-
-
-
-
-
180| ||-
-
-
180
50,000
50,000
40,000
10,000
10,000
-
22,371
22,371
21,347
32,764
32,764
32,947
5,714
5,714
7,891
29,058
29,058
28,393
3,310
3,310
-
24,368
24,368
23,445
-
-
-
126
126
63
9,865
6,080
20,066
9,865
6,080
20,066
10,083
-
1,128
637
120
757
566| ||214,359
120
214,479
166,043| ||100
100
100| ||100
100
100| ||214,593
120
214,713
166,317| 15 ## **4. STAFF COSTS** |Wages and salaries
Social security costs
Pension costs|**Total**
**2022**
**£**
**Funds**
**2021**
**£**
38,715
36,728
-
2,248
-
2,248
40,963
38,976| |---|---| During the year the PCC employed, a Coordinator, a Verger/ Cleaner, and an Organist. No member of the PCC, apart from the clergy who received reimbursement of expenses of office, received any reimbursement of expenses or remuneration. ## **5. FIXED ASSETS FOR USE BY THE PCC** |**Tangible fixed assets**
GROSS BOOK VALUE
At 1 January 2022
Note (1)
Additions
At 31 December 2022
DEPRECIATION
At 1 January 2022
Charge for the year
At 31 December 2022
NET BOOK VALUE
At 31 December 2022
At 31 December 2021|**Office**
**equipment**
**Freehold**
**land &**
**Buildings**
**TOTAL**
22,826
253,751
276,577
-
-
-| |---|---| ||22,826
253,751
276,577| ||22,826
22,826
-
-| ||22,826
22,826| ||-
253,751
253,751| ||-
253,751
253,751| - Note (1) The freehold land and the buildings comprise the following property owned by the PCC and vested in the Diocesan Board of Finance: - The Old Parsonage - used as Church Hall, Parish Office and Verger’s flat The Old Parsonage Barn - used as Church rooms The Old Parsonage was gifted to the parish in 1923 by the Duke of Devonshire. It is insured together with the Church for £24,600,000. The Old Parsonage Barn was purchased on 1 March 1984 for £65,782 and a further £94,614 has been spent on renovation. It is insured for £883,149. Curate’s House 6 Bay Pond Road was gifted to the parish under the will of Mrs. Dyer deceased on 25 May 1965. Improvements totalling £14,055 were carried out in 1996. It is insured for £427,260. It is let on a six-monthly tenancy for £1,250 per month. Curate’s House 20 Motcombe Road was bought in May 1979 for £18,500 and is insured for £343,271. It is let on a six-monthly tenancy for £1,100 per month. House 108 Green Street was bought in September 2011 for £253,751 including all costs and is insured for £414,698. It is let on a six-monthly tenancy for £950 per month. Only the cost of this property is included in fixed asset costs. 16 |**6.**
**INVESTMENTS**
Snape & Colbeck Trusts
1678 Units in CBF’s Fixed Interest Fund
Welfare Fund
756 shares in CBF’s Investment Fund
19442 10p shares Lloyds Banking Group plc
Cash held by Stockbrokers
Other Stocks and Shares (Investment portfolio with Charles
Stanley)
**7. ANALYSIS OF NET ASSETS BY FUND**|**2022**
**£**
2021
£
2,301
2,657
15,620
8,829
17,704
9,293
7,511
7,214
670,124
784,453
704,385
821,321| |---|---| |Fixed Assets
Current Assets
Current Liabilities
Fund Balance
**.**
**DEBTORS**
Income tax recoverable
Prepayments
Debtor|**Unrestricted**
**Funds**
**£**
**Restricted**
**Funds**
**£**
**Endowment**
**Funds**
**£**
**Total**
**£**
933,687
24,449
958,136
90,048
38,048
10,913
139,009
(5,409)
(5,409)
1,018,326
38,048
35,362
1,091,736
**2022**
**£**
**2021**
**£**
13,443
14,108
5,370
3,957
1,300
1,300
20,113
19,365| |---|---| ## **8. DEBTORS** **9. LIABILITIES:** AMOUNTS FALLING DUE WITHIN ONE YEAR |Accruals and deferred income
Creditors for goods and services
Other creditors|**2022**
**£**
**2021**
**£**
2,189
1,767
1,899
673
1,321
674
5,409
3,114| |---|---| 17 ## **10. FUND DETAILS** The endowment fund comprises the Welfare Fund and is a permanent endowment which requires the income to be spent at the Vicar’s discretion in connection with the Sick & Poor of the Parish. The fund also includes the Vicar’s discretionary fund. The restricted funds comprise the Dick Relf Choir Presentation Fund and the Tower Bell Fund. The unrestricted funds comprise the Fabric Fund, the Property Maintenance Fund, the Legacies & Memorial Fund, the Clergy Housing Fund and the Sinking Fund: Roof, all of which are designated by the PCC. The General Fund is also an unrestricted fund as is the Thursday Market Fund. In addition, the Snape & Colbeck Trust assets are held for church purposes and are therefore unrestricted but the PCC has designated the income for Fabric Fund purposes. The Upwick Mission Church & Hall site proceeds are unrestricted funds and have been invested in the property at 108 Green Street, Eastbourne. ## **11. MOVEMENTS IN RESTRICTED FUNDS** |Donations & Fundraising
Investment Income
Expenditure
Balances at 1 January 2022
Balance at 31 December 2022|**Tower Bell**
**Fund**
**£**
**Dick Relf Choir**
**Fund**
**£**
**TOTAL**
**£**
456
38
494| |---|---| ||456
38
494
34,648
2,906
37,554
35,104
2,944
38,048| ## **12. MOVEMENTS IN DESIGNATED/UNRESTRICTED FUNDS** |Donations/
other income
Investment
income
Expenditure
Realised
gains/(losses)
Unrealised
gains/(losses)
Transfer
NET
MOVEMENTS
Balances at
1 Jan 2022
Balances at
31 Dec 2022|**Clergy**
**Housing**
**Fund**
**£**
**Upwick**
**Mission**
**Fund**
**£**
**Fabric**
**Fund**
**£**
**Property**
**Maint/ce**
**Fund**
**£**
**Legacies**
**Fund**
**£**
**Sinking**
**Fund:**
**Roof**
**£**
**General**
**Fund**
**£**
**TOTAL**
**£**
-
12,752
-
10,129
114,855
137,736
-
66
25,889
1,791
27,746| |---|---| ||-
66
12,752
25,889
11,920
114,855
165,482
29,058
25,742
3,310
156,483
214,593| ||-
(28,992)
(12,990)
22,579
11,920
(41,628)
(49,111)
-
-
-
-
(356)
(60,140)
(4,189)
(64,685)
50,000
(175,889)
125,889| ||-
-
20,652
(12,990)
(175,450)
7,731
84,261
(113,796)
278,136
130,139
6,529
62,981
653,578
84,959
(84,200)
1,132,122| ||278,136
130,139
27,181
49,991
440,128
92,690
61
1,018,326| Note: The Fabric Fund received no restricted income in 2022. 18 ## **13. MISSIONARY & CHARITABLE GIVING** |**Home Missions and Charities**
Mothers Union – Away from it all holidays|**2022**
**£**
-
-|**2021**
**£**
150
150| |---|---|---| **In addition** _the following amounts have been raised within the Parish for Missions and Charities and sent direct by the Secretaries concerned:_ ||_£_| |---|---| |**Special Collections in Church**|| |Winter Night Shelter (January 2022)|605| |DEC Ukraine (March 2022)|3030| |DEC Pakistan (September 2022)|99| |**Raised and sent direct by the**|| |---|---| |**Secretaries concerned**|| |For Overseas Work by the MU|-| |For Home Work by the MU|244| |For USPG (Sec. Mr. I MacKellar)|-| |For The Children’s Society (Sec. Mrs.|-| |E. Fletcher)|| 19 ## **Other Organisations and activities** ## **Flower Guild** At last a full year of what is now the ‘new’ normal for us. It was decided with Father Tom that as he was to continue with transmitting a service daily from Church we would focus on having Flower at the back of the Altar and a Pedestal by the Pulpit rather than the previous three Pedestals. Flower for the three main Festival went back to normal except for Easter when Covid hit Jackie and me and the swags were just too difficult to do. Thanks go to all the Guild Members who work so hard to decorate the Church to such a high standard. In-memorial arrangements. We did 33 special arrangements this last year although numbers are going down mainly due to the shrinking congregation. These sponsored arrangements and the donations for lilies at Easter help to pay for the flowers in the Church the rest of the year. Weddings. This year we dealt with just two Brides who only requested Pew ends. However, that did put a useful £50.00 into our coffers. St. Mary’s was represented at the Flower Festival held in St. Nicholas’ Church, Pevensey’s at the end of August. Their theme being ‘Our Queen’s Reign’ where I tackled the Buckingham Palace Garden Parties. I’m told the floral cakes looked good enough to eat. At our AGM in November the following were re-elected, Vanessa Jeffries, Leader, Jackie Marshall, Deputy Leader and Gillian Cant Treasurer. Gillian was pleased to report that there would be enough money in the Bank to keep us going for another year. Training lessons were held during the year for those new to Flower arranging and those who want to progress a little further. However, we do still need more volunteers, so we welcome anybody who would like to join us ‘Experience not necessary’ just a willingness to learn and have fun. Our biggest problem is still obtaining the right flowers at a reasonable price. For the Festivals, I have been putting in a bulk order at the nearest wholesaler who is at the back of Brighton. However, that means getting up early to drive over and collect them before they close at 9am (if I don’t order I have to be there for 6am!!). For the rest of the time it’s doing a Supermarket sweep. My thanks go to the Members who spend their time and petrol having to do this. Finally, we thank God for the beautiful flowers that we work with, the majestic building to put them in and the wonderful friendship that we get from being part of the Flower Guild. Vanessa Jeffries 20 ## **Junior Church** Throughout the pandemic, when the church was operational, we continued to hold a monthly service on Saturday afternoons especially for families. Although numbers were small, we had a core group of families who came on a regular basis: when covid outbreaks allowed. We even started our pizza suppers again in September, when infection numbers declined. It was lovely to use these families to act out and narrate for the Crib service in December 2022 in front of a congregation. (The last time this happened was in 2019) The event was a very special occasion. The children did an excellent job reading and their voices could be heard throughout the church and the younger members played the parts of the nativity scene, bringing smiles and emotional tears to many faces. It was a joy to behold and hopefully a sign that we are on track to resume normality. Services are on the first Saturday in the month at 4.30pm and all are welcome. Details can be accessed either through Sarah and the mailchimp facility or by taking a leaflet from church listing the service details for the year. We are re-introducing the children’s workshops from Good Friday so we will see how they go! Elaine Fletcher 21 **Appendix 1** **Eastbourne Parish Church - St. Mar the Vir in y g** ## **Summarised Results 2022 and Budget 2023** |**GENERAL INCOME**
Christian Stewardship Contributions
Tax recoverable
General Church Collections
Fees - PCC
Donations
Magazine (net)
Fund Raising (Summer Fayre/Gift Day)
Income from Legacy Fund
Net rents- 6 Bay Pond Road
Thursday Market/ Coffee Morning
**INCOME TOTAL**
**GENERAL EXPENDITURE**
Hon Assistant Clergy Expenses
Vicarage Rates & Taxes
Clergy House Expenses
Clergy Working Expenses
OP Flat Expenses
Parish Administrator
Verger
Lighting & Heating of Church
Organist & Choir (less Grants)
Sanctuary Expenses
Insurances
Education - Sunday School/Youth Work
Old Parsonage & Barn (net)
Stewardship Expenses
Printing & Stationery
Telephone, Internet &Website
Grants to Bellringers
Minor Repairs
Water Charges
Sundry Expenses
Cleaning Materials
Vestment Repairs
Parish Contribution
Total Parish Cost
To support others
Missions & Charities
Bank Charges
Exceptional Expense
Covid related Expenses
**EXPENDITURE TOTAL**
(Deficit)/Surplus|**Actual**
**2021**
**Actual**
**2022**
**Budget**
**2022**
**Budget**
**2023**
60,656
62,439
61,000
62,500
16,012
14,707
16,000
15,000
4,822
5,149
8,000
6,000
4,043
2,170
3,500
3,000
1,871
2,872
2,000
3,000
-
-
-
-
9,860
5,683
10,000
8,000
25,980
12,631
25,889
12,208
26,000
12,500
26,000
12,500
380
2,000
1,250
2,500
136,255
133,117
140,250
138,500
500
500
500
500
4,187
298
4,360
404
4,300
300
4,500
404
1,078
1,155
1,200
1,200
2,305
2,200
2,500
2,500
15,582
16,356
16,500
17,500
12,309
13,194
13,000
14,000
7,229
7,569
7,300
9,000
9,838
13,402
14,000
14,000
1,051
1,575
1,200
1,200
7,791
8,104
7,800
9,583
63
126
500
200
4,520
2,388
4,700
2,500
134
94
94
96
7,579
8,032
8,000
4,000
1,843
1,198
1,200
1,200
250
250
250
250
7,891
5,714
7,000
5,000
420
485
450
500
569
180
556
517
1,760
-
632
301
700
-
700
-
40,000
50,000
40,000
50,000
-
10,000
10,000
10,000
150
522
-
315
-
637
-
-
-
550
-
-
-
650
-
-
128,184
148,856
142,600
150,000
8,071
(15,739)
(2,350)
(11,500)| |---|---| 22 l#d¢p¢Thd¢D¢ Euwiper'j Report to th¢ PCC of SL M•ry'8 P•risb Churth. E4$¢bourne This report on the accounts of the PCC for the year eThJed 31 Dtceml*r ?022. which are set oui on ￿e3 9-19. is in respeci of an examination carried out Én ￿0rd*￿e with the Church Accountin8 ke8ts18tions 21￿1.￿* ReBulat%ons'l orMI sediijn 145 of the Chariiies Act 2011. Rupe￿tion of the ￿0￿nI￿. you ¢onsider thai the audit requirement of Re¥tslaiions and se¢iion 144 of the ACL do not apply. It is my Te5poDsibility to issue this resth on those a¢co4mts in with the of Regulations. of ltsdep¢#dtht Ex*mivtr'$ Reprt M>. examlnation ¢4￿1¢￿ oui In accoTdance ￿1th the General Dirtctiort% given by the ClJariD' Commission Under Section 14515llbi of the Act. and to be found in the Church Buida¥Lce ?(X)6 edtiion. Thai ¢x8min8tion includes a review of the accoUntill￿ Tecords kew by the PCC aThJ a compartson of the accounts with those rttords. li also includes coThsiderin8 any unus￿] iiems or di5cIosures in the accounis and seekin8 eXp]Hn￿￿on$ frorn you as m1￿ceS Concernin￿ such m8iieTS. The t¥ocedures undertaken do rx)i provide all the ei'idence that would be required in an audiL and consequentl). I do nLM exprtss gn awlii opinion on the i'iew glven by the Kcolm￿. l•dwd¢Trt EMml•er's Stsiemeol In corllKrtion with my examination, no matttt h&$ Come io my attentson.. which gi%'es me le￿ble cauqe ￿ ￿lIeVe that in an) m4t¢rial re5peci the requirernents to keep xcowxin8 records in accordance w4ih seciion 130 of the Act to prepar¢ accounts which ￿cOrd with the accow)iin# ncordg and ￿ comply wÈth the accountin8 requiremen￿ of Act and of the Charities {Acc(Rmts and Rep)rts) Re￿Ul￿10nS 2(K18 ha%e noi met or {2) to which. in my opinion, attention should be in order ￿ enable a pro undeNandin8 of the accounis ￿ be reachtd. AIAsialr RrtirtdChorteredAceo*Ml•nl 9&¥rdee Close Euyibv#rhe E¢￿S*s$￿t BN23 OAZ 21 M¥r¢h ?023 23