## 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 

1 



## 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. 

2 



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 

3 



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. 

4 



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. 

5 



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_ 

6 



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. 

7 



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; 

8 



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………………………………………………… 

9 



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 ArtI￿tieS
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 D￿All5
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 m￿A.
A.H. Man50n-Brailsford
Trustee
13th May 2024
Page 2

The Parothial Church Counal olthe Ecdesi￿1[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 Pa￿h
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 Ecdesi￿1{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 D￿el￿be¥ 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 trUSt￿S 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. Expendi￿re 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 le￿r 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 charl￿5 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 donati￿5 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 In￿me 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 expendI￿re
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 E￿￿siaStIcal Parish of St George with St Anne and St Mark
Notes to the Accounts
13 Tangible r￿ed 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 De￿rnber 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
R￿alUatIOn
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 De￿mber 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 fO￿ard
140,595
39,910
180,505
220,058
Page 17