2022
Trustees Annual Report and Financial Report
The Ecclesiastical Parish of Durrington in the Diocese of Chichester Charity Registration Number 1134809
Trustees Annual Report and Financial Report
of
The Parochial Church Council of the Ecclesiastical Parish of DURRINGTON
St Symphorian
St Symphorian’s Church, Durrington Hill, BN13 2PU
Registered Charity no.1134809
For the year ended 31st December 2022
CONTENTS
Page 1 Trustees annual report 1 Statement of financial activities 2 Balance sheet 3 Notes to the accounts 13 Report of the independent examiner Website: www.stsymphorians.co.uk Incumbent: The Rev’d Robert Norbury The Vicarage, Bramble Lane, Worthing BN13 3JE Independent Andrew Carter ACMA examiner: Financial Director, CKC Controls Ltd Bankers: Charity Aid Foundation (CAF) Bank Churches, Charities and Local Authorities (CCLA) Lloyds Bank PLC
St Symphorian’s Church, Durrington Trustees Annual Re ort for 2022 p
Our aims and purposes as a charity
Durrington Parochial Church Council (PCC) has the responsibility of cooperating with the Vicar, Fr Robert Norbury in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social, and ecumenical.
The PCC is also specifically responsible for the maintenance of St Symphorian’s Church and the Parish Centre.
We are also responsible for our property in Vancouver Close, which is privately let.
What we planned to do to achieve our charitable objectives
When planning our activities for the year, the PCC considered the Charity Commission’s guidance on public benefit and, in particular, the specific guidance on ‘charities for the advancement of religion’.
The council has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016, fully recognising its duty to have due regard to House of Bishops' guidance on safeguarding children and vulnerable adults.
For 2022 we planned the following objectives and activities to fulfil our aims:
-
Enabling as many people as possible to worship at our church
-
Enabling as many people as possible to become part of our parish community
-
Teaching, baptising and nurturing new and existing believers
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Maintaining an overview of worship throughout the parish
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Considering how services can involve the many groups that live within the parish
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Putting faith into practice, through prayer and scripture, music and sacrament
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Offering worship and prayer, learning about the Gospel, in small group situations
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Promoting the gospel and assisting people from all walks of life to find life in Jesus Christ
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Providing pastoral care for people living in the parish
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Providing assistance to the poor and needy of the parish
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Giving in accordance with our charitable objectives
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Reaching out to the wider community through social events and activities
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Maintaining the fabric of the church and the Parish Centre as a place of worship and for the community to enjoy.
What we achieved and how we affected beneficiaries’ lives
Attendance at worship
The church family welcomes visitors from within as well as outside the parish boundary, visitors attend by personal choice, and it is a great pleasure to welcome anyone from all walks of life to take part in the life of the church. We can attest that the voluntary attendance to worship the Lord Jesus Christ is a major demonstration of the public benefit of our activities.
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Over the course of the year we had an average regular congregation of 65 people attending Sunday Mass and public worship.
We look to encourage the deepening of faith for all ages, and, alongside the provision of the Mass, there is a programme of worship for young people which includes children’s church, family mass and craft mornings. We have also had a parade mass for the First Durrington Scouts together with local Brownies, Guides and Rangers.
The 2022 Lent course was well attended and aimed to encourage discussion and a deeper understanding of our beliefs by looking at the experiences of others.
The Holy Week and Easter liturgies were observed with good numbers in the congregations, which saw a return to pre-COVID numbers.
In August we celebrated our Patronal Festival, with Fr Andrew Wadsworth, our guest preacher. After Mass about 60 people gathered in the vicarage garden for a parish barbecue.
In September, on the death of Her Majesty the Queen, the church remained open and we also held a Requiem Mass.
Christmas is a very special time of celebration and many sections of the community usually come together to join in the services. We held our Christingle Service, which was well attended, with contributions from our local Guiding Groups. After having lost our three charity and two school Christmas services in 2021 we were delighted to welcome back St Barnabas, Turning Tides and the Alzheimer Society as well as our school services. We also held our traditional Carol Service and on Christmas Eve, our Crib Service, which was well attended with 65 children and 55 adults present. Midnight Mass and Christmas Day Mass were celebrated with good, combined congregations of 94 people.
Teaching, baptising and nurturing new and existing believers
In 2022 there were 4 weddings; 3 funerals conducted for parishioners and 9 baptisms.
How welcoming you were and are continuing to support us. T
Nurture courses run in 2022 included the Lent course, ‘Comfort ye my people’.
Evangelism and outreach
Our Summer and Christmas fairs were very successful and proved to be a good opportunity for outreach to the wider community. During the year the You Group, Book Club and the Pram and Toddler Group continued to meet in our church halls, together with other regular users.
We have had a number of social and fundraising events including, a St George’s Day concert by Harvest Home with a fish and chip supper. In October there was a full house attendance at the Ronnie Smith Big Band concert. These events also help to highlight our presence in the local community and also help to bring in much needed funds.
In the autumn at the request of the diocese we again looked at and revise our Mission Action Plan which we plan to continue to move forward within the coming years.
Although the links with the three schools in the parish need to be encouraged, we were, in November pleased to welcome, Durrington Junior School for their Remembrance service, the whole school came and filled the church with a well prepared and heart-lifting visit.
We have continued to produce the monthly parish magazine and endeavour to let as many people as possible have copies. A weekly mailshot is sent out to keep people appraised of what we are doing as well as Facebook and our website which gives access to the wider community. Craft mornings are held with bags of the crafts also available should families prefer to take them home rather than work
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in the building. In 2022 a candidate for Authorised Lay Ministry (ALM) began his training, his focus will be on building our work with local schools and young people.
Provision of the church buildings for people to enjoy
Both the parish centre and the church are available for lettings and use for community events. We also have one of the largest halls available in the locality.
In the Parish Centre, as stated above, our organised church Pram & Toddler Group and together with a number of regular hirers use the building. We also have the Dog Trust with their training classes and a choir who practice in the main hall. These activities bring people from the wider community into the building. The demand for children and family parties also provides opportunities for people to gather and meet socially.
It is good to see people being able to socialise, enjoy themselves and be involved in activities and entertainment which is inexpensive or free. Such groups also provide an opportunity to meet and get to know other members of the community and, for some, help to combat issues such as loneliness.
The church is also used for social gatherings. We have a swing band which rehearses regularly, we have also had local choirs who book the church as a venue for their concerts. Once again this brings in members of the public who would never dream of coming into a church and finding that it is normal and welcoming.
Spatial reordering of the church buildings and future projects
The electrical works have been successfully completed. We are very pleased with the look of the building following the complete re-decorating of the interior. When possible, we still plan to demolish the old disused boiler house for which planning permission has already been granted.
We now started to progress “The Big Build” project for the hall. As stated in last year’s report, the hall complex, which is nearing its centenary, needs repairs and there is an outstanding plan to replace the roof and make alterations which will help with access and provide a more flexible areas for use. The main priority is the roof, for which we will need to raise a considerable sum for the roofing and works. In addition to our own fundraising efforts we are in process of applying for grant opportunities. The local community support and engagement in this project will help to secure grants.
We are so pleased to return to using the hall after a number of years away. It feels. Like coming home ML
Provision of pastoral care for people living in the parish
Father Robert and the retired clergy offer pastoral care and support for all those living in the parish and assisted by the Ministers of Communion who take the sacrament regularly to those who are housebound or in hospital.
Other charitable giving
During the year £1,023 was raised for the Uganda Imara Education Appeal. In March, the church family responded to the outbreak of the war is Ukraine by raising £484 to support the aid crisis. Our Lent Appeal raised £324 for Family Support, a charity helping families in Sussex to overcome their difficulties and prevent crisis. The Harvest Appeal raised £186 for Afghanaid which responds to the humanitarian emergency in Afghanistan. The church family has also supported many other mission and charitable societies, amounting to £649, including The Children’s Society, St Barnabas House,
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Turning Tides, Christian Aid and Worthing Foodbank. Our giving also includes free use of our buildings for charitable purposes, totalling £3,963.
Financial Review
Incoming and outgoing resources
Total receipts on general unrestricted funds received were £89,200 and are detailed in the Financial Report.
The planned giving though the Parish Giving Scheme, envelopes and banker’s orders slightly increased in 2022. Our total voluntary income including tax recovered, but excluding legacies, reduced by 3%.
During September 2022 a stewardship campaign was run in the church. Given the current living costs crisis and the pressures on the congregation’s finances, the focus of the campaign was on tax efficient giving rather than asking for increased giving. This has had limited success at present.
Contactless giving has also been introduced into the church to help make it easier for visitors to give especially at occasional and seasonal services.
The card machines have also been introduced at social events for use at bars and on stalls.
Sharing the ministry costs of the Diocese of Chichester
Your support has made a real difference to those in the Armed Forces community British Legion poppy appeal.
The largest single expenditure of the PCC in 2022
was the sum of £38,483 paid to the diocese for our share of all churches’ Parish Ministry Costs. This year’s the contribution from Durrington PCC increased by 47% on the previous year and the church is meeting 50% of the costs allocated to this church compared with 31% paid last year.
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
The PCC pays for a Parish Administrator and an organist as well as a verger for weddings and funerals. 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 £3,452, water and environmental charges amounting to £304 for the Vicarage plus other annual costs towards travel, hospitality, telephone, postage and broadband amounting to £654.
Mrs Paule Harper, who is also a trustee, received £25 for her duties as Verger.
Four trustees received £2,036 for purchases made on behalf of the PCC.
There were no payments to persons related to or connected to the trustees.
Repairs to the fabric of the church buildings
In accordance with the trust deed of the Sharp Fund, the PCC has used the interest from the capital investment to improve the church building. During 2022, the interest was used to rewire the church to meet the requirement for an electrical certificate. During this work, the lampposts in the churchyard were also upgraded. This work cost £28,048 with a further £3,648 committed. Some repointing of the stonework along the north and west walls was also undertaken which cost £5,640. This was to reduce the water ingress along these walls before the building was redecorated at a cost of £26,819. The total cost of the work carried out on St Symphorian’s Church during 2022 was £60,507 with a further £3,648 committed. All work was carried out with the necessary faculties in place and under the supervision of the Parish Architect.
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The state of the Parish Centre continues to be of concern. The PCC has agreed for the Parish Architect to write a specification to replace the roof of the main hall as a starting point for the redevelopment of the whole centre. This will also include greater levels of insulation and the potential for the installation of solar panels. At present the PCC is submitting planning permission for this project. The heating in the winter is of major concern for the hirers as well as for preserving the building during the colder months. This is also in need of urgent replacement.
To help raise funds for this project, the PCC agreed that from January 2022, 30% of all social and fundraising profits should be restricted for the hall project.
During 2022 Vancouver Close has been rented. There have been minor repairs required during this period.
Why we hold some money in reserve?
It is PCC policy to maintain a balance on the general unrestricted funds (excluding property) which equates to approximately two months’ worth of unrestricted payments as contingency against unforeseen situations. The closing balance of £10,547 this year did not achieve this, although we still expect to have sufficient cash flow to continue to pay bills when they fall due.
It is PCC policy to invest temporarily surplus general funds with the CAF Gold account, returning proportionately these funds to our current account, as they are needed, to pay day-to-day bills. This year £5,898 was invested temporarily as at 31[st] December.
As well as holding the above general reserves, from time to time the PCC receives restricted legacies for expenditure on restricted purposes, defined by the donor. We aim to expend such money as soon as possible after receiving the legacy, depending on the specific objectives of the donor. Where we have identified that the specific purpose can only be achieved by delaying the expenditure, we invest the legacy temporarily until the need for expenditure is identified.
Management of risks and their mitigation
The PCC has an ongoing task of reviewing the major risks which impact on the work of the church in the parish. The usual PAT testing and fire extinguisher checks have been carried out.
The PCC consider that the principal risks and uncertainties are:
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The health and safety around the church building, in particular the unauthorised access to the lower roofs and the old boiler house. There is potential for serious injury to anyone who access these areas without due care. These areas have been highlighted in the quinquennial report as needing attention.
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The need to fund unexpected costs associated with the Parish Centre due to its deteriorating condition.
It is so good to see the regular upkeep of the church as well as project being undertaken so that St Symphorian’s Church will stand for future generations to show the glory of God in Durrington.
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An unexpected fall in income, particularly given the dependence of the church on a limited number of major regular donors and the reduction in regular hall lettings and occasional hirers.
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The requirement to find volunteers with the appropriate skills, time and commitment to support the ministry of the congregation.
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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 and uncertainties by regularly reviewing its Mission Action Plan and its plans for the use of the church buildings. We aim to maintain our properties to a high standard and carry out the priority items of a quinquennial review in a timely manner.
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Stewardship is regularly highlighted to emphasise God's generosity to the congregation and encourage the congregation to respond to that generosity in their giving through time, talents and money, as they are able. As previously mentioned, a stewardship campaign was run during 2022 with limited success. We aim to diversify income from letting the hall and plan to manage more effectively hiring out the church building to external parties once the re-ordering has taken place.
Future uncertainties
The increase in cost of living is of major concern to the PCC. Increased prices, coupled with parishioners’ own financial circumstances being squeezed, means that giving for the coming year maybe uncertain. The state of the church hall also means that income from this asset will continue to be restricted until progress can be started on updating the facilities with specific focus on the water ingress, heating and the general appearance of the facility.
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 Robert Norbury Chairman Churchwardens: Mr Malcolm Brett Mrs Paule Harper Vice Chairman Elected Members Mrs Jane Winter Treasurer Mrs Diana Smith PCC Secretary Mrs Viv McPherson Mr Peter McCallum Mrs Carole Brockhurst Mr Andrew Griffiths Mrs Sandra Brett Mrs Lynne Noble Danischevsky Mr Dave McPherson Deanery Synod Mrs Yvonne Austin Mr Matt Thorpe (from October)
Membership of the PCC is determined under the Church Representation Rules and consists of certain ex-officio members (the incumbent/priest-in-charge, curate, lay readers licensed to officiate in the church), the churchwardens and members of the Deanery, Diocesan or General Synods and 8 members of the church who are elected at the Annual Parochial Church Meeting (APCM). Members are warmly encouraged to stand for election to the PCC and we try to ensure a balance of skills and experience where possible.
This Trustees’ Annual Report was approved by the PCC and signed on their behalf by The Revd Robert Norbury, Chairman
……………………………………………………………………………… Date 1[st] March 2023
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Annual Financial Report
of
The Parochial Church Council of the Ecclesiastical Parish of
St Symphorian’s Church, Durrington St Symphorian’s, Durrington Hill, Worthing BN13 2PU
Registered Charity no. 1134809
For the year ended 31st December 2022
CONTENTS
| Page | |
|---|---|
| 1 | Statement of financial activities |
| 2 | Balance sheet |
| 3 | Notes to the accounts |
| 13 | Report of the independent examiner |
St Symphorian’s Church, Durrington registered charity number 1134809 Statement of Financial Activities
The financial effect of our activities during the year can be summarised as follows
| Unrestricted Fund |
Restricted Fund/s |
Restricted Fund/s |
Endowed Fund/s |
Endowed Fund/s |
Total Funds 2022 |
Total Funds 2021 Notes |
|
|---|---|---|---|---|---|---|---|
| Income and endowments from: Donations and legacies Charitable activities Other trading activities Investments Other receipts |
£ 40,132 1,651 26,657 511 20,249 |
£ 12,800 1,039 1,086 23,945 3,533 |
£ - - - - - |
£ 52,932 2,690 27,744 24,456 23,782 |
£ 53,315 1,373 26,809 22,709 252 |
||
| Total income | 89,200 | 42,403 | - | 131,603 | 104,458 2 |
||
| Expenditure on: Raising funds Charitable activities Other trading activities Other expenditure |
- 78,356 21,337 - |
- 14,027 200 - |
- - - - |
- - 92,383 21,536 - |
- - 69,413 22,154 - |
||
| Total expenditure | 99,693 | 14,227 | - | 113,920 | 91,567 3 |
||
| Net gains (or losses) on investments | - | - | (100,152) | (100,152) | 106,483 | ||
| Net income or (net expenditure) | (10,493) | 28,177 | (100,152) | (82,468) | 119,375 | ||
| Transfers between funds Other recognised gains/(losses): Gains/(losses) on revaluation of fixed assets Other gains/(losses) Reconciliation of funds: |
58,445 | (58,445) | - | - | - 10 |
||
| 47,952 - - |
(30,268) - - |
(100,152) - - |
(82,468) - - |
119,375 205,004 11 - |
|||
| Net movement in funds | 47,952 | (30,268) | (100,152) | (82,468) | 324,379 | ||
| Total funds brought forward | 452,650 | 43,838 | 897,981 | 1,394,470 | 1,070,092 | ||
| Total funds carried forward | 500,602 | 13,570 | 797,829 | 1,312,002 | 1,394,470 |
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A N N U A L F I N A N C I A L R E P O R T
St Symphorian’s Church, Durrington registered charity number 1134809 Balance Sheet
Our financial position and summary of funds at the year end were
This Financial Report for the year ended 31st December 2022, including the notes following, was approved by the PCC and signed on its behalf by The Revd Robert Norbury, PCC Chairman:
| Total Funds 2022 |
Total Funds 2021 |
Notes | |
|---|---|---|---|
| Intangible assets Tangible assets Heritage assets Endowed investments |
£ - 481,012 - 750,833 |
£ - 440,043 - 850,985 |
|
| Total fixed assets | 1,231,845 | 1,291,028 | 11 |
| Stocks Debtors Investments Cash at bank and in hand |
- - - 83,081 |
- 13,647 - 96,595 |
14 |
| Total current assets | 83,081 | 110,242 | |
| Creditors: Amounts falling due within one year | (2,925) | (6,800) | 15 |
| Net current assets or (liabilities) | 80,156 | 103,443 | |
| Total assets less current liabilities Creditors: Amounts falling due after more than one year Provisions for liabilities |
1,312,002 - - |
1,394,471 - - |
16 |
| Total net assets or (liabilities) | 1,312,002 | 1,394,470 | |
| The funds of the charity: Endowment funds Restricted income funds |
797,829 13,571 |
897,981 43,839 |
|
| Unrestricted funds Revaluation reserve |
500,602 | 452,650 | |
| Total unrestricted funds | 500,602 | 452,650 | |
| Total charity funds | 1,312,002 | 1,394,470 | 18 |
……………………………………….………………………..
Date: 1[st] March 2023
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A N N U A L F I N A N C I A L R E P O R T
St Symphorian’s Church, Durrington registered charity number 1134809 Notes to the Financial Report
1 Accounting policies
Basis of preparation
The PCC is a public benefit entity within the meaning of FRS102. The financial statements have been prepared under the Charities Act 2011 and the Church Accounting Regulations 2006, in accordance with applicable accounting standards and the current Statement of Recommended Practice, Accounting and Reporting by Charities, (SORP (FRS 102)).
The financial statements have been prepared under the historical cost convention. 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
Funds accounting
Funds held by the PCC are:
Unrestricted funds - general funds which can be used for PCC 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 for which the capital 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
Income and endowments
All income and endowments, accounted for without deduction for any costs of receivability, are recognised when there is evidence of entitlement, receipt is probable, and the amount can be measured reliably
Donations and legacies
Collections are recognised when received.
Planned giving receivable is recognised when there is evidence of entitlement, receipt is probable, and the amount accords with the Gift Aid declaration or other record of intention to donate
Gift aid recovered is recognised when the income to which it is attached is recognised
Grants and legacies are recognised when the formal offer in writing of the funding, is received by the PCC
Charitable activities
Statutory fees for weddings and funerals are recognised when the office occurs
Other trading activities
Trading activities are where income is receivable in return for selling goods or providing services. Income from trading is recognised either: a - when received, or b - in the case of concerts: for the year in which the event occurs, irrespective of date of receipt. Advance bookings are included in creditors until the concert has taken place
Sales of magazines and study notes are recognised when received
Rents from property are recognised in accordance with the rental agreements, when receipt is probable
Investment income
Dividends are accounted for when due and payable. Interest entitlements are accounted for as they accrue
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A N N U A L F I N A N C I A L R E P O R T
St Symphorian’s Church, Durrington registered charity number 1134809 Notes to the Financial Report
All other income
All other income is recognised in accordance with the above overall policy
Gains and losses on investments
Realised gains are recognised when the investments are sold
Unrealised gains and losses are accounted for on revaluation at 31st December
Expenditure
Expenditure is recognised when there is evidence of entitlement, payment is probable, and the amount can be measured reliably
Grants
Grants and donations are accounted for when paid over, or when awarded where the award creates a binding obligation on the PCC
Church activities
The diocesan parish contribution is accounted for on an annual basis, reflecting the allocation set by our Deanery. Any parish contribution unpaid at 31st December is provided for in these accounts as an operational (though not a legal) liability and is shown as a creditor in the balance sheet
Fixed assets
Tangible fixed assets
Consecrated and beneficed property of any kind is excluded from the accounts by s.10(2) of the Charities Act 2011.
Movable church furnishing held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal, are accounted as inalienable property unless consecrated. They are listed in the church's inventory which can be inspected but are not included in the financial statements. For other property acquired prior to 2007 there is insufficient cost information available and therefore the cost of such assets is stated at a nominal £1 in the financial statements
All expenditure on consecrated or beneficed buildings and individual items costing under £1,000 are written off in the year they were incurred
Depreciation
Depreciation is calculated to write down the cost of tangible fixed assets, excluding freehold properties, over their expected useful lives. The rates generally applicable are:
| Land | Nil |
|---|---|
| Buildings | Nil |
| Fixtures and fittings | 20% |
| Audio visual equipment | 33% |
| Office equipment | 25% |
No depreciation is provided on freehold buildings as the useful economic life of these assets exceeds 50 years and residual values so high that potential depreciation would be immaterial. It is the PCC's policy to maintain these assets in a continual state of sound repair. Resulting from regular impairment reviews, provision will be made if there has been any permanent diminution in value
Investments
Investments are stated at market value at the balance sheet date
Current Assets
Amounts owing to the PCC at 31st December in respect of fees, rents or other income are shown a debtors, less provision for amounts that may prove uncollectible
Short-term deposits include cash held on deposit either with the CBF Church of England Funds, or at the bank
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A N N U A L F I N A N C I A L R E P O R T
St Symphorian’s Church, Durrington registered charity number 1134809 Notes to the Financial Report
2 Analysis of income and endowments
| Unrestricted Fund |
Restricted Fund/s |
Restricted Fund/s |
Total Funds 2022 |
Total Funds 2021 |
Notes | |
|---|---|---|---|---|---|---|
| Planned giving (excl. tax refunds) Planned giving (no tax refunds) Loose cash collections Social and Fundraising Other Special appeals Gift Aid recoverable Legacies Grants |
£ 21,383 5,806 1,815 1,064 1,767 6,072 - 2,225 |
£ - 815 3,199 343 8,443 |
£ 21,383 5,806 1,815 1,879 4,966 6,415 - 10,668 |
£ 21,890 4,796 1,793 799 5,351 6,041 200 12,445 |
||
| Donations and legacies | £40,132 | £12,800 | £52,932 | £53,315 | ||
| Fees for weddings & funerals | 1,651 | 1,039 | 2,690 | 1,373 | ||
| Charitable activities | £1,651 | £1,039 | £2,690 | £1,373 | ||
| Social and Fundraising Events Rent from letting of Parish house Church centre hiring fees Café and Bar Sales Magazine advertisement fees |
5,273 - 21,354 - 30 |
1,086 - |
6,360 - 21,354 - 30 |
2,399 9,890 14,213 97 210 |
||
| Other trading activities | £26,657 | £1,086 | £27,744 | £26,809 | ||
| Bank & CBF deposit interest CBF investment fund dividend |
511 - |
23,945 - |
24,456 - |
22,709 - |
||
| Investments | £511 | £23,945 | £24,456 | £22,709 | ||
| Other receipts | 20,249 | 3,533 | 23,782 | 252 | ||
| Total income and endowments on all funds | £89,200 | £42,403 | £131,603 | £104,458 |
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A N N U A L F I N A N C I A L R E P O R T
registered charity number 1134089
St Symphorian’s Church, Durrington
Notes to the Financial Report
3 Analysis of expenditure
| 3 Analysis of expenditure | ||||||
|---|---|---|---|---|---|---|
| Unrestricted Fund |
Restricted Fund/s |
Total Funds 2022 |
Total Funds 2021 |
Notes | ||
| Stewardship costs Other fundraising costs |
£ - - |
£ | £ - - |
£ - - |
||
| Cost of raising funds | - | - | - | - | ||
| Charitable grants and donations Mission & Evangelism costs Diocesan parish share Clergy and other people's expenses Salaries and honoraria incl NI Church running costs Church maintenance and repair Upkeep of churchyard Miscellaneous Financing Bank charges Depreciation Governance |
3,988 1,917 38,483 3,773 5,970 4,609 0 - - - 81 19,536 - |
2,640 5,329 - - 3,472 1,936 650 |
6,628 7,246 38,483 3,773 5,970 8,081 1,936 650 81 19,536 |
5,721 3,263 26,200 4,755 4,930 6,238 9,367 630 96 8,213 |
4 | |
| Cost of charitable activities | £78,356 | £14,027 | £92,383 | £69,413 | ||
| Social and Fundraising costs Church hall running costs Parish magazine costs Other trading costs |
2,333 13,056 - 5,949 |
200 - - |
2,532 13,056 - 5,949 |
765 9,780 - 11,609 |
||
| Cost of other trading activities | £21,337 | £200 | £21,536 | £22,154 | ||
| Total expended on all funds | £99,693 | £14,227 | £113,920 | £91,567 |
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A N N U A L F I N A N C I A L R E P O R T
St Symphorian’s Church, Durrington registered charity number 1134809
Notes to the Financial Report
4 Missionary and charitable giving
| Unrestricted Fund |
Restricted Fund/s |
Restricted Fund/s |
Total Funds 2022 |
Total Funds 2021 |
Notes | |
|---|---|---|---|---|---|---|
| Overseas: Imara Uganda Education Fund Christian Aid DEC Ukraine Afghanaid Home: Turning Tides St Barnabas Hospice Children's Society Family Support British Legion Food Bank Mission to Seafayers Children in Need St Andrew's High School for Boys Other Charitable Giving |
£ 25 3,963 |
£ 1,023 163 484 186 - 150 255 324 - 56 |
£ 1,023 163 484 186 - 150 255 324 25 - - - - 4,019 |
£ 1,168 190 - 36 162 182 27 217 24 21 - 3,695 |
||
| 3,988 | 2,640 | 6,628 | 5,721 |
5 Staff costs
| 5 Staff costs | ||||||
|---|---|---|---|---|---|---|
| Unrestricted Fund |
Restricted Fund/s |
Total Funds 2022 |
Total Funds 2021 |
Notes | ||
| Remuneration Wages and salaries Employer social security costs Employer pension costs |
£ 5,970 |
£ - |
£ 5,970 - |
£ 4,930 - |
||
| 5,970 | - | 5,970 | 4,930 |
6 Payments to PCC members
Mrs Paule Harper received £25 for her services as a verger.
Other payments were made to PCC members in the year for reimbursement of expenses incurred on behalf of the PCC:
- a) Clergy support: Council tax £3,452, Water and environmental charges amounting to £304 for the Vicarage plus other annual costs towards travel, hospitality, telephone, postage and broadband amounting to £654.
b) 4 other trustees received £2,036 for purchases made on behalf of the PCC.
No person received remuneration in excess of £60,000.
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A N N U A L F I N A N C I A L R E P O R T
St Symphorian’s Church, Durrington registered charity number 1134809 Notes to the Financial Report
7 Transactions with persons related to PCC members
There have been no payments to persons related to PCC members.
8 Transactions with related charities
There are no related charities to be the church.
9 Governance
| 9 Governance | |||||||
|---|---|---|---|---|---|---|---|
| Unrestricted Funds |
Restricted Fund/s |
Total Funds 2022 |
Total Funds 2021 |
Notes | |||
| Independent examination Accounts production Bookkeeping |
£ | £ | £ - - - |
£ | |||
| - | - | - | - |
10 Transfers between funds
| 10 Transfers between funds | |||||
|---|---|---|---|---|---|
| Unrestricted Funds |
Restricted Fund/s |
Total Funds 2022 |
Total Funds 2021 |
Notes | |
| General Fund Sharp Income |
£ 58,445 |
£ (58,445) |
£ | £ | |
| 58,445 | (58,445) | - | - |
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A N N U A L F I N A N C I A L R E P O R T
St Symphorian’s Church, Durrington registered charity number 1134809 Notes to the Financial Report
11 Fixed assets
a Investments
| a Investments | ||||||
|---|---|---|---|---|---|---|
| Unrestricted Fund |
Restricted Fund/s |
Endowed Fund/s |
Total Funds 2022 |
Notes | ||
| Market value 1 January 2022 Disposals at carrying value Purchases at cost Net gains and revaluation |
£ - - - - |
£ - - - - |
£ 850,985 (100,152) |
£ 850,985 - - (100,152) |
||
| Market value 31 December 2022 | - | - | £750,833 | £750,833 |
The PCC hold the Sharp Investment which comprises of 40,723.24 units in a property investment and 33,767.38 in a saving investment. These investments are held by Chichester Diocese on our behalf.
b Tangible fixed assets
| b Tangible fixed assets | ||||||||
|---|---|---|---|---|---|---|---|---|
| Freehold land and buildings |
Church equipment |
Office equipment |
Total fixed assets |
Notes | ||||
| Cost or valuation At 1 January 2022 Additions Disposals Revaluation |
£ 462,173 |
£ 5,521 |
£ 1,052 |
£ 468,746 |
||||
| 60,508 | 60,508 - - |
|||||||
| At 31 December 2022 | 522,681 | 5,521 | 1,052 | 529,254 | ||||
| Charge for impairment At 1 January 2022 Additions Disposals Revaluation |
(22,134) (19,536) - - |
(5,521) | (1,052) | (28,707) (19,536) - - |
||||
| At 31 December 2022 | (41,670) | (5,521) | (1,052) | (48,243) | ||||
| Net book amounts At 31 December 2022 |
481,012 | - | - | 481,012 | ||||
| At 31 December 2021 | 249,908 | 1,534 | - | 251,442 |
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A N N U A L F I N A N C I A L R E P O R T
St Symphorian’s Church, Durrington registered charity number 1134809 Notes to the Financial Report
13 Net assets by fund
| 13 Net assets by fund | |||||||
|---|---|---|---|---|---|---|---|
| Unrestricted Funds |
Restricted Fund/s |
Endowment Funds |
Total Funds 2022 |
Total Funds 2021 |
Notes | ||
| Fixed assets for church use Investment fixed assets Current assets (except cash) Cash at bank and on deposit Current liabilities Long term liabilities |
£ 481,012 - 22,314 (2,925) - |
£ - 60,767 |
750,833 |
£ 481,012 750,833 - 83,081 (2,925) - |
£ 616,339 957,468 13,647 96,595 (6,800) - |
||
| £500,401 | £60,767 | £750,834 | £1,312,002 | £1,677,250 |
14 Debtors
| 14 Debtors | |||||||
|---|---|---|---|---|---|---|---|
| Unrestricted Funds |
Restricted Fund/s |
Total Funds 2022 |
Total Funds 2021 |
Notes | |||
| Income tax recoverable Prepayments and accrued income Other debtors |
£ - - |
£ | £ - - |
£ 13,647 - |
|||
| - | - | - | £13,647 |
15 Creditors: amounts falling due within one year
| Unrestricted Funds |
Unrestricted Funds |
Restricted Fund/s |
Restricted Fund/s |
Total Funds 2022 |
Total Funds 2021 |
Notes | |
|---|---|---|---|---|---|---|---|
| Deferred income Accruals for utilities and other costs Archdeacon's loan Other creditors |
£ 2,925 |
£ - - |
£ - 2,925 - - |
£ - 5,200 1,600 - |
|||
| £2,925 | - | £2,925 | £6,800 |
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A N N U A L F I N A N C I A L R E P O R T
St Symphorian’s Church, Durrington registered charity number 1134809 Notes to the Financial Report
16 Creditors: amounts falling due after one year
| Unrestricted Funds |
Unrestricted Funds |
Restricted Fund/s |
Restricted Fund/s |
Total Funds 2021 |
Total Funds 2021 |
Notes | |
|---|---|---|---|---|---|---|---|
| Deferred income Accruals for utilities and other costs Archdeacon's loan Other creditors |
£ | £ - - - |
£ - - - - |
£ - - - - |
|||
| - | - | - | - |
17 Comparatives for the statement of financial activities
| Unrestricted Fund |
Restricted Fund/s |
Restricted Fund/s |
Endowed Fund/s |
Endowed Fund/s |
Total Funds 2021 |
|
|---|---|---|---|---|---|---|
| Income and endowments from: Donations and legacies Charitable activities Other trading activities Investments Other receipts |
£ 45,828 821 26,137 3 179 |
£ 7,488 552 672 22,706 73 |
£ - - - - - |
£ 53,315 1,373 26,809 22,709 252 |
||
| Total income | 72,968 | 31,491 | - | 104,458 | ||
| Expenditure on: Raising funds Charitable activities Other trading activities Other expenditure |
- 51,454 21,993 - |
- 17,959 161 - |
- - - - |
- - 69,413 22,154 - |
||
| Total expenditure | 73,446 | 18,120 | - | 91,567 | ||
| Net gains (or losses) on investments |
- | - | 106,483 | 106,483 | ||
| Net income or (net expenditure) | (479) | 13,370 | 106,483 | 119,375 | ||
| Transfers between funds Other recognised gains/(losses): Gains/(losses) on revaluation of fixed assets Other gains/(losses) Reconciliation of funds: |
4 | (4) | - | - | ||
| (475) 205,004 - |
13,366 - - |
106,483 - - |
119,375 205,004 - |
|||
| Net movement in funds | 204,529 | 13,366 | 106,483 | 324,379 | ||
| Total funds brought forward | 248,121 | 30,472 | 791,498 | 1,070,092 | ||
| Total funds carried forward | 452,650 | 43,838 | 897,981 | 1,394,470 |
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A N N U A L F I N A N C I A L R E P O R T
St Symphorian’s Church, Durrington registered charity number 1134809 Notes to the Financial Report
18 Statement of funds
Explanation of funds
Endowed funds are required by the donors to be invested and the income spent on specific objectives
The Sharp bequest is a permanent endowment, invested in CBF Investment Fund shares and Property Fund , which requires the income to be spent on the upkeep and maintenance of St Symphorian’s Church.
Restricted funds are not invested permanently but are to be spent within reasonable timescales
The Parish Centre is restricted to maintenance of the Parish Centre building.
The Mission Fund holds funds raised for charities.
Unrestricted funds are not subject to any donor restrictions and can be spent as the PCC decides
The unrestricted fund includes a designated sum of £15,661 set aside for Vancouver Close repairs, Vicarage repairs, Parish Centre repairs and the Münchberg Link.
Summary of all funds
Fund income and expenditure and final balances are as follows:
Statement of funds
| Statement of funds | ||||||
|---|---|---|---|---|---|---|
| Balances b/fwd 1 Jan 2022 |
Income | Expenditure |
Endowed | Transfers, other gains and losses |
Balances c/fwd 31 Dec 2022 |
|
| Sharp bequest | £ 897,981 |
£ |
£ | £ (100,152) |
£ 797,829 |
|
| Total of all endowed funds | 897,981 | - | - | (100,152) | 797,829 | |
| Collections and Appeals Sharp Income Grant Archdeacon' Loan |
6,214 32,115 5,510 - |
10,015 23,945 8,443 |
8,169 6,058 |
200 (56,060) (2,385) |
||
| 8,261 | ||||||
| (0) | ||||||
| 5,510 | ||||||
| - | ||||||
| Total of all restricted funds | 43,839 | 42,403 | 14,227 | (58,245) | 13,771 | |
| General fund Designated fund |
437,473 15,177 - |
86,200 3,000 |
99,176 516 |
58,245 | ||
| 482,741 | ||||||
| 17,661 | ||||||
| - | ||||||
| Total of all unrestricted funds | 452,650 | 89,200 | 99,693 | 58,245 | 500,402 | |
| Total funds | £1,394,470 | £131,603 | £113,920 | £(100,152) | £1,312,002 |
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A N N U A L F I N A N C I A L R E P O R T
Independent Examiner’s Report
to the PCC of St Symphorian’s Church, Durrington for the Year Ended 31st December, 2022
This is my report to the Parochial Church Council of the Ecclesiastical Parish (PCC) of St Symphorian’s, Durrington in the Diocese of Chichester, on the annual report for the year ended 31[st] December 2021 set out on pages
Respective responsibilities of The PCC members are responsible for the preparation of the annual reports. The PCC trustees and examiner members consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts under section 145 of the Charities Act,
-
to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
-
to state whether particular matters have come to my attention.
-
Basis of independent
-
examiner’s statement My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
Independent examiner's statement In connection with my examination, no matter has come to my attention (other than that disclosed below in Section B )
-
which gives me reasonable cause to believe that in, any material respect, the requirements:
- a. to keep accounting records in accordance with section 130 of the Charities Act; and
-
b. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
-
have not been met; or
-
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Examiner’s signature
Examiner’s name CAPITALS ANDREW CARTER
Date Relevant professional qualification(s) or body Business Financial Manager if any Examiner’s address KC Controls LTD, 15-17 Bell Centre, Newton Road, Crawley West Sussex
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A N N U A L F I N A N C I A L R E P O R T
Independent Examiner’s Report
to the PCC of St Symphorian’s Church, Durrington for the Year Ended 31st December, 2022
Section B Disclosure
Only complete if the examiner needs to highlight material problems for example:
-
accounting records have not been kept in accordance with s132 of the Charities’ Act 2011 and those accounts do not comply with the requirements of the 2008 Regulations setting out the form and content of charity accounts;
-
any material expenditure or action which appears not to be in accordance with the trusts of the charity;
-
any failure to be provided with information and explanations by any past or present trustee, officer or employee; and
-
any material inconsistency between the accounts and the trustees’ annual report.
Give here brief details of any items that the examiner wishes to disclose