Charity number 1134816
The Parochial Church Council of the Ecclesiastical Parish of St. Peter Selsey
Report and Accounts
31 December 2024
Charity number: 1134816
## **Trustees' Report**
The Trustees present their report and accounts for the year ended 31 December 2024.
## **Governing Document**
The Charity is governed by the approved governing document as issued by the Church of England. Its object is the provision of pastoral service to the ecclesiastical parish.
## **Principal activities**
The activities of the Charity are regular public worship, open to all. The provision of a sacred space for personal prayer and contemplation; pastoral work, including visiting the sick and bereaved; teaching of Christianity through sermons, courses and small groups; taking religious assemblies in schools; the promotion of Christianity through the staging of events and meetings, and the distribution of literature; promoting the whole mission of the Church through the provision of activities for senior citizens, parents, children and other groups. Supporting other charities in the UK and overseas.
## **Trustees**
The following persons served as Trustees during the year:
Rev Andrew Wilkes Incumbent (Ex-0fficio) Sue Ripley Churchwarden Michael Formby Churchwarden Nigel Hoggarth Parish Secretary Margaret Everest Treasurer Brenda Barron Deanery Synod Representative Nick Grange-Bennett Deanery Synod Representative Janet Langford Deanery Synod Representative Mike Leclere Mary Davies Richard Porter Marcelle Turner Rose Flower Jason Walby
## **Review of the Year**
Compared to the previous year, 2024 was a better one for St Peter’s Church. As a church community we continued to grow numerically overall and with younger people joining us. The average attendance figures continued to climb back towards those from 2019 with numbers increasing slowly throughout the year. During the year there were 18 baptisms, 7 weddings and 12 funerals, including 4 burials at Church Norton. Five candidates were Confirmed in Chichester Cathedral, one of which was also baptised. The number of funerals continued to fall – we had over 100 in 2015! This is largely due to changes in how the funeral sector operates and with more involvement by secular celebrants. In February the PCC made the decision to seek the closure of the churchyard to burials in new graves due to lack of space. The burials of children and the interment of ashes will continue for the foreseeable future. In May we were treated to a show of the Aurora Borealis which was visible to the north of the church. The month finished with a very successful Spring Fair. On 6[th] June the Rector led the D-Day Commemoration at East Beach car park which included the lighting of the beacon. On the same day a group of pilgrims from St Peter’s set out for a visit to The Shrine of Our Lady of Walsingham.
St Peter's Day Festival was held on Saturday 29th June and was greatly appreciated by all who
attended. Once again our volunteer8 did a wonderful job. Tho following day the 10 O'clock service
was led from the high altar, a rare occasion since the provision of the nave altar in 1988. In July the
Rector led the annual RNLI Thanksgiving Service in the boathouse, maintaining our connectlon with
the lifeboat crew and the Rector's role as Chaplain. The Rector also continued to lead school
assemblles at Seal Primary Academy twice a term.
The Blessing of the Animals was reintroduced as part of our Harvest Festival celebrations in October,
with donations given to Brent Lodge Wildlife Hospital. Remembrance Day was marked with a poppy
dlsplay on the ou£side of the Ghurch. Thi5 GaSGade of handknitted popples was a striking feature to 811
who passed by. With the addition of our Summer and Christmas Fairs it was a busy and productive
year thanks to the many volunteers who give freely of thelr time and talents. The ReGtor is grateful to
all who contribute to the life of St Peter's, including the clergy who assisted throughout the year -
Canon David Nason, Fr Art Barron, and Fr Reji Raj-singh.
Key Aims for 2025 and beyond
We will build a thriving congre9ation which is truly representative of our communlty.
We will increase our church family through the provision of Baptisms, Weddings, and Funerals.
We will increase our Parish Share to the Diocese through increased giving and good stewardship.
We will develop disciples willing to help where needed including in lay and ordained ministries.
Reserrfes Pollcy
Good management of a church's finances require parishes to prioritise expenditure. Payments crltlcal
to activities directly relating to the work of the church, such as salaries or parish share, should not be
missed in order to malnlain a pre-defined level of reserv6s. The ChL¢rch of England has
recommended a reserve flgure of 2-3 months of expenditure and accordingly the reserve figure has
been set at £25,000.
Gift Aid declarations on regular giving and single donations and Gift Aid for small donations {GASD)
are now claimed quarterly. Expenditure contlnues lo be closely monitoréd and with continued
spending cutbacks we have managed to maintain reserves. Some grant applications have been
successful. Fundraising initiatives continue to be actively explored,
Small company provlsions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act
2006 applicable to companies subject to the small companies regime.
Thls r8port was approved by the PCC on 27 March 2025 and signod on its bohalf.
Chairman.. Rev Andrew Wilkes
Treasurer: Mrs Margaret Everest
**The Parochial Church Council of The Ecclesiastical Parish of St Peter, Selsey Independent Examiner's Report**
## **Independent examiner's report to the trustees of The Parochial Church Council of The Ecclesiastical Parish of St Peter, Selsey**
## **Respective responsibilities of the Trustees and the Examiner**
The PCC members are responsible for the prepartion of the financial statements. The PCC members consider that and audit is not required under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
## It is our responsibility to
- Examine the financial statements under section 145 of the 2011 Act
- To follow the procedures laid down in the General directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act), and
- To state whether particular matters have come to my attention.
## **Basis of the Independent Examiner's Report**
Our examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Church and a comparison of the accounts presented with those records. It also includes consideration of any unusal items or disclosures in the accounts and seeking explanations from the Trustees concerning such matters. The procedures undertaken do not provide 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 our examination, no matter has come to our attention:
1. Which gives us reasonable cause to believe that in any material respect the requirements
- To keep accounting records in accordance with section 130 of the 2011 Act and
- To prepare accounts which accord with the accounting records and comply with the acounting requirements of the 2011 Act have not been met or
2. To which, in our opinion, attention should be drawn in order to enable a proper understanding of the account to be reached.
The income, expenditure and balances carried forward for the groups are unexamined and unverified. We do not consider this to be material.
Peek & Co Chartered Certified Accountants
1st Floor 119 High Street Selsey West Sussex PO20 0QB
10 March 2025
3
## **The Parochial Church Council of The Ecclesiastical Parish of St Peter, Selsey Statement of financial activities for the year ended 31 December 2024**
|**Incoming resources**
Voluntary income
Other Voluntary Incoming Resources
Incoming resources from operating activities
To further the PCC's objects
To generate funds
Income from investments
Total incoming resources
**Resources Expended**
Cost of generating funds
Grants
Activities directly relating to the work of the Church
Church management and administration
Total resources expended
Net incoming/outgoing resources
Gains and losses on investments
Net movement in funds
Balance brought forward at 1 January
Balance carried forward at 31 December|**2024**
**£**
97,708
245
22,871
18,797
13,172
152,793
16,286
329
90,840
2,193
109,648
43,145
543
43,688
123,334
167,022|**2023**
**£**
56,541
413
23,579
15,372
10,280|
|---|---|---|
|||106,185|
|||4,940
413
94,543
1,012|
|||100,908|
|||5,277
2,039|
|||7,316
116,018|
|||123,334|
4
The Parochial Church Council of The Ecclesiastical Parish of St Peter, Selsey
Charity number:
1134816
BalanGe Sheet
as at 31 December 2024
Notes
2024
2023
Fixed assets
Tangible assets
Investment assets
27,914
35,756
28,143
35,213
Current assets
Debtors
Deposit accounts
Cash at bank and in hand
3.546
92,644
8,558
104,748
4,038
47,031
10,306
Credltors: amounts falllng due
within one year
{1,396)
(1,397)
Not current assets
103.352
59,978
Net assets
167,022
123,334
Funded by
Designated funds
Restricted funds
General funds
2,282
118,967
45,773
2,282
57,469
63,583
167,022
123,334
Approved by the Psrochlal Church Council on
and signed on its behalf by.,
Chairman
Rev Andrew Wikes
Treasurer
Mrs Margaret Everest
## **The Parochial Church Council of The Ecclesiastical Parish of St Peter, Selsey Statement of Changes in Funds for the year ended 31 December 2024**
|**Designated Restricted**
**funds**
**funds**
**£**
**£**
**At 1 January 2023**
2,282
57,469
Movement in funds
**At 31 December 2023**
2,282
57,469
**At 1 January 2024**
2,282
57,469
Movement in funds
-
Gain on revaluation of land and
buildings
543
Roof restoration funds
-
60,955
Total transfer from general funds for
the financial year
-
61,498
**At 31 December 2024**
2,282
118,967|**General**
**funds**
**£**
56,267
7,316
63,583
63,583
43,688
(543)
(60,955)
(61,498)
45,773|**Total**
**£**
116,018
7,316|
|---|---|---|
|||123,334|
|||123,334
43,688
-|
|||-|
|||-|
||||
|||167,022|
6
**The Parochial Church Council of The Ecclesiastical Parish of St Peter, Selsey Notes to the Financial Statements for the year ended 31 December 2024**
## **1 Accounting policies**
## **Funds**
General funds represent the funds of the PCC that are not subjetc to any restrictions regarding their use and are available for application on the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted. Restricted funds are those funds which have been given to the PCC to use for specific purposes and are set out in the documentation which accompanied the funds. The accounts inclue all transactions, assets and liabilities for which the PCC is responsible for in law. They do not include the accounts of church groups that owe their affiliation to another body or those that are an informal gathering of church members.
## **Incoming Resources**
## **Voluntary income**
Collections are recognised when received by or on behalf of the PCC. Planned giving receivable under Gift Aid is recognised only when received. Income tax recoverable on Gift Aid donations is recognised when the income is recognised. Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement, the amount due is quantifiable and its ultimate receipt by the PCC is reasonably certain. Funds raised by fairs, sales and magazine sales, etc. are acounted for gross.
## **Other income**
Rental income from the Church hall and from the property in Glen Crescent is recognised when the rent is due.
## **Income from investments**
Dividends are accounted for when due and payable. Interest entitlements are accounted for when due without accural
## **Resources expended**
## **Actvities directly relating to the work of the Church**
The Diocesan Parish share is accounted for when paid. The PCC has committed to pay 100% of its share although this does not create a legal liability.
## **Fixed assets**
## **Consecrated property and moveable church furnishings**
Consecrated and beneficed property of any kind is excluded from the accounts by Section 96(2)(a) of the Charities Act 1993. Moveable church furnishings held by the Rector and Church Wardens on Special Trust for the PCC, and which require a faculty for disposal, are accounted for as inalienable property unless consecrated. They are listed in the Church's inventory which can be inspected (at any reasonable time).
## **Investments**
Investments, other than freehold investments, are valued at market value at 31 December each year and any gains or losses are recoded in the statement of financial activities for the year.
7
## **The Parochial Church Council of The Ecclesiastical Parish of St Peter, Selsey Notes to the Financial Statements for the year ended 31 December 2024**
## **Current assets**
Amounts owing to the PCC at 31 December are shown as debtors.
## **Restricted and designated funds**
The PCC resolve to operate an "all one pot" system for the Church's funds. The effect is to use all funds not otherwise restricted or endowed as general funds with no distinction between the PCC's general and designated funds. All restricted amounts received are spent according to the terms of the grant.
## **2 Fixed assets**
|**Cost**
At 1 January 2024
At 31 December 2024
**Depreciation**
At 1 January 2024
Charge for the year
At 31 December 2024
**Net book value**
At 31 December 2024
At 31 December 2023
**Investments**
**Cost**
At 1 January 2024
Revaluation
At 31 December 2024|**Church hall**
**£**
27,000
27,000
-
-
-
27,000
27,000
**Glen**
**Crescent**
**£**
11,500
-
11,500|**Plant and**
**machinery**
**etc**
**£**
10,402
10,402
9,259
229
9,488
914
1,143
**Other**
**investments**
**£**
23,713
543
24,256|**Total**
**£**
37,402|
|---|---|---|---|
||||37,402|
||||9,259
229|
||||9,488|
||||27,914|
||||28,143|
||||**Total**
**£**
35,213
543|
||||35,756|
## **3 Investments**
8
## **The Parochial Church Council of The Ecclesiastical Parish of St Peter, Selsey Notes to the Financial Statements for the year ended 31 December 2024**
|**4**
**Debtors and prepayments**
Income tax recoverable
Other debtors
**5**
**Cash held on deposit**
CCLA investment account
CAF Bank gold account
CAF Bank roof restoration account
**6**
**Cash at bank and in hand**
CAF Bank current account
Lloyds Bank current account
Cash in hand
Restoration account cash in hand
Cash and bank held by groups
**7**
**Creditors: amounts falling due within one year**
Taxation and social security costs
Other creditors|**2024**
**£**
1,905
1,641
**2024**
**£**
8,065
27,609
56,970
92,644
**2024**
**£**
2,457
5,015
42
141
903
8,558
**2024**
**£**
50
1,346
1,396|**2023**
**£**
2,397
1,641|
|---|---|---|
|||**2023**
**£**
7,659
31,154
8,218|
|||47,031|
|||**2023**
**£**
4,145
5,216
42
-
903|
|||10,306|
|||**2023**
**£**
50
1,347|
|||1,397|
9
## **The Parochial Church Council of The Ecclesiastical Parish of St Peter, Selsey Notes to the Financial Statements for the year ended 31 December 2024**
|**8**
**Restricted funds**
At 1 January 2024
Gain on revaluation of land and buildings
Roof restoration appeal funds
At 31 December 2024
**9**
**Incoming resources from donors**
Planned giving
Gift aid donations
Income tax recoverable
Other planned giving
Other
Collections at services (open plate)
Parish giving scheme
Roof restoration appeal
**10**
Special collections
**11**
**objectives**
Church hall lettings
Fees
**Other voluntary income resources**
**Income from operating activities to further the PCC's**|**2024**
**£**
57,469
543
60,955
118,967
**2024**
**£**
18,783
6,820
-
14,421
8,462
49,222
97,708
**2024**
**£**
245
245
**2024**
**£**
6,275
16,596
22,871|**2023**
**£**
57,469
-
-|
|---|---|---|
|||57,469|
|||**2023**
**£**
27,446
6,777
4,042
3,626
2,000
12,650|
|||56,541|
|||**2023**
**£**
413|
|||413|
|||**2023**
**£**
5,121
18,458|
|||23,579|
10
## **The Parochial Church Council of The Ecclesiastical Parish of St Peter, Selsey Notes to the Financial Statements for the year ended 31 December 2024**
|**12**
Fairs and social events income
Give as you live donations
**13 Income from investments**
Dividends
Interest receivable
Rental income (Glen Crescent)
**14 Costs of generating income**
Fairs and social events expenses
Glen Crescent maintenance
**15 Grants**
Special collections paid
**Income from operating activities to generate funds**|**2024**
**£**
10,802
7,995
18,797
**2024**
**£**
-
1,812
11,360
13,172
**2024**
**£**
14,306
1,980
16,286
**2024**
**£**
329
329|**2023**
**£**
15,182
190|
|---|---|---|
|||15,372|
|||**2023**
**£**
648
853
8,779|
|||10,280|
|||**2023**
**£**
4,641
299|
|||4,940|
|||**2023**
**£**
413|
|||413|
11
## **The Parochial Church Council of The Ecclesiastical Parish of St Peter, Selsey Notes to the Financial Statements for the year ended 31 December 2024**
|**16**
Diocesan Parish contribution
Rectory costs
Church running expenses
Church maintenance costs
Church hall costs
Organists fees
Locum fees
Cost of services
**17**
Photocopier rental and charges
Telephone
Bank charges
Roof restoration expenses
Depreciation
**Church management and administration**
**Activities directly relating to the work of the Church Ministry**|**2024**
**£**
55,921
2,158
9,818
7,634
9,707
4,365
430
807
90,840
**2024**
**£**
433
564
49
918
229
2,193|**2023**
**£**
54,532
2,206
18,522
4,034
5,775
4,240
2,410
2,824|
|---|---|---|
|||94,543|
|||**2023**
**£**
-
510
216
-
286|
|||1,012|
12