Trustees Annual Report and Financial Report
For the Parochial Church Council of the Ecclesiastical Parish of
St George with St Anne and St Mark, Kemp Town St George’s Church, St George’s Road, Kemp Town, Brighton BN2 1ED Registered Charity No: 1134037
For the year ended December 2023
Contents:
Annual report
Financial Report
Website: Stgeorgesbrighton.com
Incumbent: Rev Dr Andrew Manson-Brailsford
6 Sussex Mews
Brighton BN2 1GZ
Independent Examiner:
Simon Winnard
Redington Court 69 Church Road
Hove
BN3 2BB
Bankers: Lloyds Bank
Castle Square
Brighton
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St George’s Brighton
Annual Report 2023
Our aims and purposes as a charity
The PCC has the responsibility of co-operating with the incumbent, the Revd Dr Andrew Manson-Brailsford, in:
· The promotion of the Gospel according to the doctrines and practices of the Church of England;
· Promoting in the parish the whole mission of the church, pastoral, social, evangelistic and, ecumenical.
· Practical support and care for people in the parish, from the youngest to the eldest, irrespective of gender, sexuality, ethnicity, level of need or, ability to pay;
· Providing financial support those in need and, to other organisations with similar objectives.
The PCC also manages a Community Centre within the crypt of the church, and a café from within the main building. It also acts as trustees for the John Howard Cottages, which are alms-houses for retired nurses. We have a school which is St Mark’s School, it is the Church of England primary school situated in East Brighton. The PCC also has a license with Spire Arts by which it allows Spire Arts to use the St Mark’s Church building for development of Arts performances and display.
What we planned to do to achieve our charitable objectives
Mission Action Plan - this plan has developed and continues to develop as it grows, organically, to meet the needs of the worshipping community and local people.
Fr Andrew’s Report:
The year 2023 saw some good things happening at St George’s Church.
The congregation is growing gently, and we are welcoming new people into our church family. I am also pleased to say that the people who have been with us over the years are still with us. In times of uncertainty, it is, on many levels, gratifying to see that what we are is still important in people’s lives.
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It is now our job to continue to develop our Christian community so that it meets the needs of those who are looking for spiritual comfort and nurture. We need to continue to make our faith real and relevant by serving God’s creation and looking after those around us. We need to reach out to those who are searching for something meaningful in their lives and show them what the faith has to offer – the God element.
The growth has shown in our figures, which are slightly up on last year: Christmas time saw several meaningful services, and we had 160 people attending over Midnight and Christmas morning. Easter saw 58 people attending. The screen and zoom help us to continue to have contact with those who are not able to attend in person, because of distance or ill health.
The joint hospital and St George’s carol service went exceptionally well. With Michael our organist leading the choir, and with the addition of Brighton Consort, the music and liturgy were excellent. There was also a large attendance. We raised over £1000 which was shared between the Hospital Friends and St George’s.
The communications team headed by Hilda and Matthew, has been gradually looking at ways in which we can better communicate amongst ourselves, and also with the people who come into our church and who live around it. There have delivering some impactive results – not least of all the eye-catching posters which have prompted people to ask questions about our services.
The work of the communications team will continue into 2024. One of the big events will be the relaunch of our webpages. It is always a great surprise when I receive the figures for our site. It is not just a few people who look in at the site, but hundreds.
Two things it would be good to mention when thinking of 2023 are:
The people working in our gardens. It is really moving that the people who have taken on the upkeep of both the main garden and the “bee friendly garden” are still with us and working diligently maintaining and developing the space. In a time when people can feel isolated and lonely it is wonderful to see them active and speaking with the people who come to sit in the gardens.
The other great boon for our congregation was finding Micheal our organist. I think that most people would happily say that he added a great deal to our worship with his playing and with his leadership of our music group. It was sad
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that he decided to leave us, although understandable when one considers the instrument that was on offer at another church in Eastbourne. Nevertheless, a big “thank you” to him and to all those who help with our music.
Laura has been a great and enthusiastic Community Centre Manager. Laura took the lead on the Violia grant for the refurbishment of the toilets – a great deal of hard work. During the year Laura decided to look at ways in which she could find a greater fulfilment and use for her talents. She is now working as an administrator and councillor at the Women’s Centre in Brighton.
It was good to see the refurbishment of the toilets continue and near a positive conclusion. One person who should be noted in all of these works is Julian, our architect, who has both worked hard, but I would say above and beyond the call of duty in helping us with the projects which have done so much to preserve the buildings so that we can continue to use them.
We were blessed in finding Paul to replace Laura, and we managed to do this in a short time. Paul has worked with us before, when he helped out with Anna’s concerts, and when he did the caretaking for the centre. He very much threw himself into the work and managed to pick up the reigns of the centre management job very quickly. He is a calm presence in the centre looking after the people who use the community centre, and also diligent in making sure the management side of things are looked after.
There have been some large and small tasks which have been undertaken over the last year:
The electrics have had their five-year inspection. Without this we would not be able to keep the place open. All of the electrics had to be inspected, and any faults, including out of date fittings, had to be fixed. The one you may have noticed was lighting in the balconies.
The tech we invested in has been a learning curve for me.
Being a multi-use building we do allow people to use the sound system and the screen. There were a couple of Sundays when the sound was dead. It appears that there is a small black button, underneath the volume buttons – I am not sure why anyone would notice it. Nevertheless, when pushed it mutes the whole system – now we know, it should not happen again.
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Similarly with the screen there is a big red switch which should be left on at all times – but people probably feel they are being diligent and safety conscious by turning it off. Now we know that, then it can be the first thing we look at when the screen is not projecting.
Having said all of that, I think that both systems add so much to the services and the life of the parish. I would not want to be without them. It certainly helps with not only our Sunday services, but also with funerals where people can attend by zoom.
One of the things which has been noted is that the computer, being efficient in cutting out peripheral noise, has decided that hymns are peripheral noise. The people on zoom cannot always hear them. The answer in the short term has been my singing into the computer. However, as part of our bid to the Heritage Lottery Fund, (a bit more about that later), we are able to bid for a new camera. It will enable us to pick up all relevant sound, and also to follow the movement of the liturgy. That means we can bring the ambo back into use, and that there will be no more cumbersome movement of computers at the peace. Let us hope that our bid is successful.
We continue to work with our Community Centre, Café and concerts. These not only bring in much needed financial help, but far more important is the link they make with local people. It is great to hear people talking about how friendly and welcoming we are as a community, just as it is wonderful to hear Sandro and Paul talking to people about the work of the church.
The PCC also provide the trustees who look after the John Howard Cottages. It seems that we as a church where the hospital is situated, should have that link of providing homes for former nurses who have served the general public.
There is a great deal to look forward to over the next few years. We have our 200[th] anniversary in 2024. We are busy working with the Heritage Lottery Fund – they have been very encouraging, but we have no guarantee of funding.
We hope to be able to renovate the plaster work and repaint the inside of the buildings which will help preserve our heritage. The parquet flooring will be repaired, and not least of all help with health and safety. We also hope to be putting on three concerts, Classical, LGBTQI and performers from Anna’s company. We will also have an open day to showcase what is happening in the buildings. To top it all we will be holding a celebratory service. What better time to celebrate all that we are doing and hope to continue to do.
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The next few years provide an exciting opportunity to build upon some good foundations, in terms of our worship and outreach, our service to the community, and our support for each other. Something I am eagerly anticipating, and I like to think that you share this hope for the future with me.
Financial Review
Incoming and outgoing resources.
The Church, Community Centre and Café work together to maintain the buildings and activities which are enjoyed and appreciated by so many people.
The total income for 2023 - £175,909.00
This includes insurance pay-outs totalling £10,127.
The total expenditure for 2023 - £194,174
Investments (toilets) 2023 - £76,084
We remain grateful to all those who give and who support the work of St George’s financially. It must be noted, however, that congregational giving has decreased. If we did not have the help from the Community Centre and Café, then we would really be in poor shape.
We now have a “sumup” machine which allows people to donate as they use the building. This has gleaned a small but gratefully received set of donations.
Sharing the ministry costs of the Diocese of Chichester
Parish Ministry Costs.
Our contribution for 2023 was £24,000 out of around £74,000.
We are looking to increase this amount over the coming years. The Diocese would like to see most parishes paying 100% of their Parish Share in around a five-year period – only four years to go now!
The total relates directly to the housing, support, stipend and pension costs of the clergy of this parish, training of new ordinands, a contribution to national church funds and, shared costs of the Christian family throughout the whole diocese, including assistance towards the upkeep of churches less able to manage than ourselves.
Staff costs
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The PCC pays for a Centre Manager, Café Manager, cleaner, and organist. Around
£49,470 in total.
Volunteers help with the café and gardens, and congregational members help with occasional cleaning days. This is a great boon in terms of keeping our running costs down.
Further details are provided in the notes to the accounts.
Trustee payments and expenses
The PCC also supported the clergy by paying Council Tax of around £2,581, Water and environmental charges amounting to around £601 for the Vicarage plus other annual costs towards travel, hospitality, telephone, postage and broadband amounting to a little over £2,520. This remains the same as last year due to a voluntary cap undertaken by Fr Andrew.
There were no payments to persons related to or connected to, the trustees.
Repairs to the fabric of the church building
The refurbishment of the toilets has been slow but sure – they were almost finished in 2023
Why we hold some money in reserve
The PCC accounts attempt to include a sum equivalent to two months running costs and wages of our staff. It also keeps in reserve a sum equivalent to one year’s one-off expenses.
We also have insurance money, some of which will be used for the refurbishment of the old nursery rooms.
There are several donations which are set aside for particular purposes.
Management of risks and their mitigation
The PCC has an ongoing task of reviewing the major risks which impact on the work of the churches in the parish. The usual PAT testing and fire extinguisher checks have been carried out.
The electrical examinations have taken place and have given us a certificate which allows us to continue working from our buildings.
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The Quin report will be renewed over the next year. This will outline works which we need to address in terms of the safety of the building and the maintenance of the building.
The principal risks and uncertainties are:
These remain similar to those expressed for the year 2024.
Our stewardship campaign will be something for 2024/25.
· An unexpected fall in income, particularly given the dependence of the church on a limited number of regular donors and regular centre hirers.
· The requirement to find volunteers with the appropriate skills, time and commitment to support the ministry of the congregation.
· Reliance upon the Diocese to continue to provide financial support whilst we work towards paying our full Parish Share for clergy ministry.
The PCC seeks to manage these risks.
Stewardship is something that we will need to address in 2024.
Future Uncertainties
The deficit for the year is a concern, but we hope to look at a stewardship.
Structure, governance and management of the charity
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 Councils (Powers) Measure 1956.
During the year the following served as members of the Parochial Church Council:
Ex Officio members
Incumbent: The Revd Dr Andrew Manson-Brailsford
Wardens:
One Vacant
Mr Alan Cooke
Elected Members;
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Ms Sue Clough, Vice Chair
Ms Anna Moulson
Ms Hilda Ruth Beaumont
Ms Margaret Ellis Co-opted members: Ms Laura Chatburn / Paul Simmons
Mr Sandro Da Mota Deanery Synod: Mr Alan Cooke
One Vacant
This Annual Report was approved and
signed by The Revd Dr Andrew Manson-Brailsford
……………………………………………………………………………… Date…………………………………………………
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The Parothial Church Counal of the Ecdeslastkal Parish of St George with St Anne and St Mark Charity No. 1134037 Trustees. Report and Unaudlted Accounts 31 De¢ember 2023
The Parochial Church Council of the Ecdesiastical Parish of St George with St Anne and St Mark Contents Pages Trustees, Annual Report Independent Examiner's Report Statement of Financial ArtItieS Balance Sheet Statement of Cash flows Notes to the Accounts 6t014 Detailed Statement of Financial Activities 16to18 Page I
The Parothial Church Coundl of the Ecde5ia51iral Parlsh of St George wlth St Anne and st Mark Trustees Annval Report The trustees present their report with the unaudited financial statements of the Charity for the year ended 31 December 2023. REFERENCE AND ADMINISTRATIVE DAll5 Charlty No. 1134037 Trustees The following trustees 5eTved durtng the year: H. Beaumont L. Chatburn S. Clough A. Cooke M.C. Ellis A.H. Manson-Brailsford A. Moulson C.S. Spackman S.C. Teixeira da Mota Accountants Simon Winnard & Company Redington Court 69 Church Road Hove BN3 2BB Statement of trustees. re5ponsibillties relation to the fin{la1 statements The charity trustees are responsible for preparing a trustee5' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The trustees are responsiblè for kèeping proper accounting records that disc1¢ with reasonable accuracy at any time the financial posltion of the charity and to enable them to ensure that the financial statements Comply with the Charities Act 2011, the applicable Charitie5 IAccounts and Reportsl Regulations, and the provisions of the Trust deed. The Trustees are also responsiblè for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. Signed on bèhalf of the chariws trustees H mA. A.H. Man50n-Brailsford Trustee 13th May 2024 Page 2
The Parothial Church Counal olthe Ecdesi1[sl Parish of St Geolge with St Anne and St Mark Independent Examiners Rei)iYt Independènt Examiner's Report to the tNstees ofThe Parothial ChuKh Coun¢ll of the E¢deslastl¢al Pah of St Geo with St Aune and St Mark I report to the trustees on my examination of the financial ststements of The Parochial Church Council of the Ecclesiastical Parish of St George wth St Anne and St Mark for the year ended 31 December 2023 which comprise the Statement of Financial Artivities. the Balance Sheet. the Statement of Gish Flows and the related notes. Responsibilities and basis of reprKI As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 20111'the Act'l. The trustees consider that an audit is not required for this year under the Charities Act 2011. s.14412) (the 2011 Act) and that an independent examination is needed. I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrwng out my examination I have followed all the applicable Directions given by the Charity Commission undèr section 145151{bl of the Act. Independent examiner's ststement I have completed my examination. I can confirrn that no material matters have come to my attention in connection with the examination giving me cause to believe that in, any matertal rèspèct: the accounting records were not kept in respeet of the charity as required by section 130 of the Act,. or the financial statements do not accord with those records- or • the financial statements do not comply wth the applicable rèquirements concerning the fomi and content of the fin3ncial statements set out in the Charities (Accounts and Reportsl Regulations 2CK)8 other than any requirement that the financial statements give a'true and fair, view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection vrith the examination to vA)ich attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Mr Edward de Souza MAAT Simorl Winnard & Company Redington Court 69 Church Road Hove BN3 2BB 4th June 2024 Page 3
The Parochial Church Counal of the Ecdesi1{al Parish of St George with St Anne and St Mark Statement of Financial ActNitie5 for the year ended 31 December 2023 Unrestricted Restricted funds T¢>trl funds Totsl lunds 2023 2023 2022 fvnds 2023 Note5 Income and endowments Donations and legacies Charitable activities Other trading activities Investments 23.451 3580 88,273 923 23,631 3,580 88.273 923 24,553 4.978 119.411 919 Other 59,502 59,502 105,285 Total 175.729 175,909 255,146 Expenditire on: Raising funds Charitable activities Other 13,702 2,921 201,802 13,702 2.921 201,914 16.189 3,714 149.109 io 112 Total 218,425 112 218537 169,012 Net gainslllossesl on investments 3,073 3,073 14,1981 Net lexpenfliture)lincome Transfers between funds li 139,6231 12.1201 68 139.5551 81,936 2,120 Net lexpenditsre)/income before other gainslllosses) 141.743 2,188 139,5551 81,936 Other gains and losses Net movement in funds 141,7431 2,188 1395551 81.936 Reconciliation of fund Total funds brought forward 182.338 37,722 220.060 138,122 Totsl funds carried fonvard 140595 39.910 180505 220,058 Page 4
The Parochial Churth Counol of the EcdÈsiastital Parish of St George with St Anne and St Mark Balance Sheet at 31 Delbe¥ 2023 Charlty No. 1134037 2023 2022 Flxed assets Tangible assets Investments 13 14 77,539 41,468 119,007 36.963 38,395 75,358 Current assets Debtors Cash at bank and in hand 15 I,iio 98,394 99.504 19,8891 825 179,756 180581 17.7641 172,817 Creditors: Amount falling due within one year Net turrÈnt assets 16 89,615 Total assets les5 CUTrent Ilabllltles 208.622 248,175 Creditors: Amounts falling due after more than one year Nèt assèts excluding pension asset or liability 17 128,1171 180,505 128,1171 220,058 Total net a55ets 180505 220,058 The fvnds of the tharity Restricted funds Restricted income funds 18 39,910 39,910 37,722 37,722 Unrestrirted funds General furkds 18 IICM).1411 237,663 53,770 128568 Designated funds 137522 182,338 Reserves 18 Revaluation reserve 3,073 3,073 Totsl funds 180505 220,060 Approved by the trustees on 13th May 2024 And signed on their behalf by. A.H. Manson-Brailsford Trustee 13th May 2024 Page 5
The Parochlal Churth Coundl of the Ecdeslastical Parlsh of St George wlth St Anne and St Mark Notes to the kcounts lor the year ended 31 December 2023 l Accounting policies Basis of preparation The financial statements have been prepared in accordance wtth Staternent of Recommended Practice= Accounting and Reporting by Charities preparing their accounts in accordante with the Finantial Reporting Standard applicable in the UK and Republic rf Ireland IFRS 1021 issued on 16 July 2014 and the Financial Reporting Standard applitable in the United Kingdom and Republic of Ireland IFRS 1021 and the Charities Aet 2011. Chan8e In basLs of attoutttiw or to previous accounts There has been no change to the accountÉng poltcies (valuation rules and method of accountingl since last year and no changes have been made to accounts for previous year& Fund actountlng Unrestricted funds These are available for use at the discretion of the trUStS in furtherance of the general objects of the charity. These are unrestricted funds eam)arked by the trustees for particular purposes. These are unrestricted funds which include a revaluation reserve representing the rè5taternent of investment assets at their market values. These are available for use subject to restrictions imposed by the donor or through terms of an appe31. Designated funds Revaluation funds Restricted funds Income Recognition of income Income is induded in the Statement of Financial Activities ISOFAI when the charity becomes entitled to, and virtually certain to receive, the incolne and the amount of the income can be measured with sufficient reliabilitv. Incorne with related where income has related expenditure the income and related expenditure is expenditure reported gross in the SOF Donations and legacies Voluntsry incomè received by way of grants. donations and gifts is included in the the SOFA when receivable and only when the Charity has unconditional entitlemènt to the income. Tax reclaims on Income from tax reclaims is included in the SOFA at the same time as the donations and gifts giftldonation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material. Volunteer help The Yalue of any volunteer help received is not induded in the accounts. Investment income This is included in the accounts when recetvable. Gains/llossesl on Thi5 includes any gain or loss resulting from revaluin8 investments to market value revaluation of fixed at thè end of the yèar. assets Gains/llossesl on investment assets This includes any gain or loss on the sale of investments. Page 6
The Parochial Church Coundl of the Ecdesiastical Parish of St George with St Anne •)d St Mark Notes to the Accounts Expenditure Recognition of expenditure Expenditure is recognised on an accruals basis. Expendire includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditurè on These comprise the c05t5 incurred by the Charity in the delivery of its actlvitiès and haritable activities services in the furtherance of its objects, including the making of grant5 and 80vernance costs. All grant expenditure is accounted for on an actual paid basi5 plus an accrual for grant5 that havÈ been approved by the trustees at the end of the year but not yet paid. These include those costs associated with meeting the constitutional and statutory requirements of the Charity. including any auditlindependent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration cos Other expenditure These are support costs not allocated to a particular activity. Grants payable Governance costs Taxation The charity is exempt from tax on its charitable artivities. Tangible fixed assèts and depreciatio Depreciation is provided at the tollowing annual rates in order to WTite off each asset over its estimated useful life: Freehold property % Not provided Improvements to property % at varying rates on cost Fixtures & fittings 25% Straight line Freehold investment Pfoperty Investment properties are measured Initial at cost and subsequently at fair value at each balan Sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as thèy arise. Stotks Stock is included at the lower of cost or net realisable value. Donated iteTns of stock are re¢ognised at fair value which is the amount the charity would have been willing to pay for the items on the open market. Trade and other debtor5 Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash and cash equivalents Cash and cash equivalents comprise cash at bank and on hand, dernand deposits with banks and othèr short-term highly liquid investments wth original maturities of three months or less and bank overdrafts. In the statement of financial position. bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows. tash and tash equivalents are shown net of bank overdrafts that are repayable on demand and fom) an integral part of the company's cash managernent. Page 7
The Parothial Church C4)uncil of the EcdesFastical Parish of St George with St Anne and St Mark Notes to the Accounts Trade and other creditors Short term creditors are measured at the transartioTr price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts dué. Research and development Expenditure on research and development 15 written off in the year in which it is incurred. Forel8n CUTren¢les Monetary 3sset5 and liabilities deftominated in currencies other than the functional currency of the Charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the hjnctional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred. All exchange differences are are taken into account in arrivin8 at net incomelexpenditure. Lèased assÈts Where the Charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, thè lease is trèated as a finance lease. Leases which do not trènsfer substantially all the risks and rewards of ownership to charrty are classified as operating leases. Assets held under fin3nce leases are initially recognised as assets of the charity at their fair value at the inceplion of the lease or. if lower. at the present value of the minimum lease payments. The corresponding liabilityto the ler is intluded in the balance sheet date as a finance lease obligation. Lease payment5 are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expen5e5 are recognised immediately. unless they are dirertly attributable to qualifwng assets, in which case they are capitalised in accordance wth the charl5 policy on borrowing costs. Assets held under finance leases are depreciat in the same way as owned asset& Operating lease payments are recognised as an expense on a straKÉht-line basis over the lèase term. In the event that lease incentives are received to enter into operating leases. suth incentives are recognised as a liability. The aggregate benefrt of incentives is recognised as a reduction of rental èxpense on a straight-line basis. Penslon costs The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the Charity has no further payments obligations. The contributions are recognisèd as expenses when they fall due. Amounts not paid are Shown in accruals in the balance sheet. The assets of the plan are held separately from the tharity in independently administered fijnds. Receipt of donated goods facilitles and seThi¢es All donated goods. facilities and service5 received are recognised within incoming resources and expenditure at an estimate of the value to the charity. Page 8
The Parochlal Church Council of the Ecdesiastical Parish of St George with St Anne and St Mark Notes to the Attounts 2 Statement of Finanaal Activities- priw year Unrestrirted Restrict funds funds Total funds 2022 2022 2022 Income and endowments from: Donations and legacies Charitsble activities 24.553 4,978 119,411 919 105,085 24,553 4,978 119,411 919 Other trading activities Investments Other 200 105,285 Total 254,946 2C 255,146 Expenditure on: Raising funds Charitable activities 16,189 3.714 127.824 16,189 3,714 149.109 Other 21,285 Totsl 147.727 21,285 169,012 Net Bains on investments 14.1981 14,1981 Net Income 103,021 121,0851 81,936 Transfers between funds (2.1201 2.120 Net income before other gainslllosses) Other 8alns and losses: Net movement In funds i(x)301 118,9651 81,936 l(MJ.901 118.9651 81,936 Reconaliation of funds: Total funds brought forward Total funds ffled fonmard 93,273 44,849 138,122 194,174 25,884 220,058 3 Income from donati5 and le&ie5 Unrestricted Re5tr1¢ted Totsl Totsl 2023 2022 Planned giving & gift aid Collections at service5 21.947 1,023 21.947 1,023 661 22,025 1,131 1,397 24,553 Sundry donations & appeals 23.451 23.631 Page 9
The Parothlal Church Council of the EcdesiastKal Parish of St George with St Anne and St Mark Notes tothe Ac¢ounts 4 Incorne from charitable actr4ities Total Total 2023 2022 Church letting & hiring 3510 70 3510 70 3,793 1,185 4,978 3580 3580 5 Inme from other trading actfvltles Totsl Total 2023 2022 Cafe 29,766 58,507 88,273 29,766 58,507 88,273 45,435 73,976 119.411 Crypt 6 Income from inveslments Totsl Totsl 2023 2022 Interest income 923 923 919 923 923 919 7 Othèr income Total Totsl 2023 2022 Grants 49.375 49.375 4,550 Government grants Insurance proceeds 10.127 10,127 I¢X>,735 IC6,285 59,502 59,502 8 ExpendiMre on raising funds Un$tricted Totsl Totsl 2023 2022 Fundmising trt7ding costs Café 13,702 13,702 13,702 13,702 16,189 16,189 Page 10
The Parochial Church Council of the Ecdesiastical Parish of St George whh St Ahne St Mark Notes to the Accounts 9 Expenditure on charitable actNit Unrestricted Totsl Totsl 2023 2022 Govemonce costs Independent examiner's fee Accountancy 1545 1,376 2,921 1545 1.376 2,921 1,500 2,214 3,714 10 Other expendIre Total Total 2023 2022 Christian relief & development agencies Secular charities 682 550 656 656 1,114 18,374 536 Diocesan parish contribution Other interest payable Employeè cosis Premises costs 24.(K 24,(K)O 49.470 73.299 49.470 73,411 47,623 38.046 112 Amortisation. depreciation. impairment, profitlloss on disposal of fixed assets GeneTal administrative costs 35.508 35,508 27,899 9.480 8,707 201,802 9,480 8,707 201,914 9,581 5,386 149,109 Legal and professional costs 112 11 Net {expendlturÈlllncome before transfers 2023 2022 This is stated after char8in8-. Depreciation of owned fixed assets 12 Staff costs 35,508 27,899 2023 48,261 1.209 49,470 2022 Salaries and wages Pension costs 46,718 905 47,623 No employèe received emoluments in excess of £60,(KKJ. Page 11
The Parochial Church Council of the EsiaStIcal Parish of St George with St Anne and St Mark Notes to the Accounts 13 Tangible red assets land and buildings Improvemen tsto Fixtures & fittings Total property Cost or revaluation At ljanuary 2023 Additions At 31 December 2023 Depreciation and impairment At l January 2023 Depreciation charge for the year At 31 Dernber 2023 824,469 86,720 76,084 162,804 911,191 76,084 987,275 824.469 809,660 64,568 874.228 20.687 14,821 35,508 830,347 79,389 909,736 Net book values At 31 December 2023 At 31 December 2022 {5.8781 14,809 83,415 22,152 77,539 36,963 14 Investments Other Investments - Unlisted Totsl Cost or revaluation At l January2023 RalUatIOn 38.395 3,073 41.468 38,395 3,073 41,468 At 31 December 2023 Net b<)ok values At31 Dècember 2023 At 31 Dember 2022 41,468 38,395 41,468 38,395 15 Debtors 2023 2022 Gtft Aid recoverable i.iio i.iio 825 825 16 CredltoTs: amounts falling due within one year 2023 2022 Other loans 4,152 1,304 2.162 2,271 9.889 4,573 Other taxes and social security Other creditors Accruals 73 2,730 7.764 Page 12
The Parochial Church coun of the Ecdesiastical Parlsh of St George with St Anne and St Mark Notes to the Accounts 17 Creditors: amount5 falling due after more than one year 2023 2022 Other loans 28,117 28,117 28,117 28,117 18 Movement in funds Incoming resources At31 December lincluding At l January other 2023 gainsllosses) Resources Gross transfers expended 2023 Restricted funds: Restrlcted Income fvhd&' Fabric Fund IRÈstrictèdl 37.722 11121 2,120 39,910 Total 37,722 11121 2,120 39,910 Unrestrirted fvnds: General funds 53,770 163,427 12015861 1115.7521 1100,1411 Designated fund& Fabric Fund Organ Fund 128.016 552 12.302 116,8391 113,632 237,111 552 Totol 128568 12.302 116.8391 113.632 237,663 Revalualion Reserve> Revaluation fund 3.073 3,073 Tott71 revoluation reserves 3.073 3,073 Total fvnd5 220,060 178,982 1218,5371 180,505 Purposes and re5trirtions in relation to the funds-. Revaluation rèseNes Represent the amount by which investments exceed their historical cost. Restricted hjnds: Fabric Fund (Restrictedl Designated funds= Fabric Fund Organ Fund Page 13
The Parochial Church Coundl of the Ecdesiastical Parish of St George with St Anne •)d St Mark Notes to the Accounts 19 Analysis of net assets between funds Restrlrted funds Total funds Fixed assets 15.918) 41,468 12.481 83,457 77.539 41,468 89,615 Investments Net tufrent assets 77,134 Creditors due in more than one year and provisions 128,1171 128,1171 19.914 160,591 180,505 20 Reconaliation of Det debt At31 At ljanuary 2023 December Cash Ilows 2023 Cash and cash equivalents 179,756 179,756 181,3621 181,3621 98,394 98,394 Borrowings 132.6901 132,6901 421 421 132,2691 132,2691 Net debt 147,066 180,9411 66,125 21 Commitments Operoting lettse commitments Annual commitments under non-cancellable operating leases are as follows: 2023 2023 2022 2022 Land and buildings Land and buildings Other Other Operating leases wth expiry date: Penslon commltments 2023 2022 The pension cost charge to the charity amounted to: 1.209 905 Page 14
The Parochial Church Council of the Ecdesiastical Parish of St George wlth St Anne and St Mark ststement of Cash Ilows for the year ended 31 Decembw 2023 2023 2022 Cash flov4TS from operating activities Net {expenditure>lincome per Statement of Finanaal Artivitses 1395551 81.936 Adjustments for. Depreciation of property. plant and equipment Dividends, interest and rents from investments Ilncreasel/Decrease in trade and other receivables Increase in trade and other payables 35,508 160,4251 12851 2546 27,899 1106,2041 16.157 401 Net cash (used Inl/provlded by operatln8 activities {62.2111 20,189 Cash Ilovts from 1mlestl a¢tlvitles Payments for property, plant and equipment Dividends, interest and rent5 from investments {76,0841 60,425 129,3651 I06,2(1 Net cash {u5ed invfrom investing activities {15,6591 76,839 Cash flows from financing artwil Repayment of borrowings 14211 14,5111 Net cash used in ancIng artNities 14211 14,5111 Net {de¢rease)Iln¢rease Sn cash cash equivalents 178,2911 92517 Cash and cash equivalents at the beginning of theythqr 179,756 83,041 Cash and cash equivalents at the end of the year 101,465 175558 Ctjmponents of (ash and (ash equivalents Cash and bank balances 98,394 179,756 98,394 179,756 Page IS
The Parochial Church Counal of the Ecdesiastlcal Parfsh of St George with St Anne and St Mark Detalled Statement of Finanaal Activities for the year ended 31 DÈtember 2023 Unrestricte Restrlcted dfunds funds Totsl fvnds Totsl fund5 2023 2023 2023 2022 lftcome and endowments from: Donations and legacies Planned giving & gift aid Collections at services Sundry donations & appèals 21,947 1.023 481 21,947 1,023 661 22,025 1,131 1,397 24.553 180 23.451 23.631 Charitable activitiès Church letting & hiring 3510 70 3.510 70 3.580 3,793 1,185 4,978 3580 Other trading activtties Cafe 29.766 58,507 88.273 29,766 58,507 88,273 45,435 73,976 119,411 Crypt Investments Interest income 923 923 923 919 919 923 Other Grant5 49.375 10.127 49,375 10,127 4,550 Government grants Insurancè proceeds 100,735 105,285 59.502 59,502 Totsl Income and endowments 17S.729 175,909 255,146 Expenditure on: Cost5 of other trading artivities Café 13,702 13,702 13,702 13,702 16,189 16,189 Totsl of expenditure on raising funds 13,702 13,702 16,189 Governancè costs Independent examiner's fee Accountancy 1.545 1.376 2,921 1545 1,376 2,921 1s(M) 2,214 3.714 Totsl of expenditsre on charitable artivilies 2,921 2.921 3.714 Other expenditure christian relief & development agencies 682 682 550 Page 16
The Parochial Church Council of the Ecdesiastltal Parfsh of St George with St Anne and St Mark DÈtailÈd Statement of Financial Adi¥ltie5 Secular charities Diocèsan parish contribution Other interest payable 656 656 1,114 18.374 536 24.(KK) 24,000 25.338 25,338 20.574 Employee costs Salarieslwages Pension costs 48,261 1,209 49,470 48,261 1.209 49.470 46,718 905 47,623 Premises costs Church running expenses Church rnatntenance Major repair5 to church & garden 28,480 44.819 28.480 44,931 22,114 12,939 2,993 73.299 73,411 38,046 GerEeral administrative costs. including depreciation and amortisation Depreciation of Improvement5 to property Depreciation of Fixtures & fittings Other clergy costs Upkeep of seThices Bank charges and interest Tèlephone, fax and broadband 20,687 20,687 20,686 14,821 14.821 7.213 6,845 462 6.845 462 4.844 3,015 171 2,058 44,988 2.058 44.988 1.551 37,480 Leg31 and professional costs Other legal and professional costs 8,707 8,707 5.386 8,707 8,707 5,386 Totsl of expendithre of other costs Totsl expenditsre 201.802 201,914 149,109 218,425 218,537 169,012 Net gains on investments 3,073 3.073 14,1981 Net Itxpehditure)Iln¢ome Transfers between funds {39,6231 {39,5551 81,936 12.1201 2.120 Net lexpenditure)Itncome before other $ainsl(losses) Other Gains {41,7431 2,188 {395551 81.936 Net movement in funtts {41,7431 2,188 {39,5551 81,936 Reconaliation of fund Total funds brought forward 182,338 37,722 220,(J50 138.122 Total fund5 carTled fOard 140,595 39,910 180,505 220,058 Page 17