|Report ofthe Trustees|||1|to|6| |---|---|---|---|---|---| |Independent
Examiner's|Report||||| |Statement ofFinancial|Activities||||| |Balance Sheet|||||| |Cash Flow Statement||||10|| |Notes to the Cash Flow|Statement||||| |Notes to the I inancial
Statements|||12|to|21| |Detailed Statement of Financial||Activities|22|to|23| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||2022|2021| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total|Total| |||||funds|funds|funds|funcls| ||||Notes||||| |INCOME|AND ENDOWVMEN'I'S|FROA'I|||||| |Donations|and legacies|||108,180|21,373|129,SS3|134,434| |Charitable|activities||||||| |Church
activities||||7,502||7,502|4,030| |Investment|income|||38,370||38,370|30,573| |Total||||IS4,052|21,373|175,425|169,037| |EXPENDI111REON|||||||| |Charitable|activities||||||| |Chtlrch
activities||||147,101|47,195|194,296|164,626| |Net gains/(losses)
on investments||||~3,391)||~3,391)|3,584| |N E1' IN Coll)IE/(EXP EN D ITI IRE)||||3,S60|(25,822)|(22,262)|7,995| |Transfers|between
full&is||13|~23,983)|23,983||| |Net movement
in funds||||(20,423)|(1,839)|(22,262)|7,995| |RECONCILIA1 ION OF FIINDS|||||||| |'I'otal f'unds|brou& ht fonvard|||940,693|11,883|952,576|9-14,581| |1'OTAL I|UNDS CARRIED 18OIAVARD|||920,270|10,044|930,314|952,576| ## ## |||||2022|2021| |---|---|---|---|---|---| |||Unrestricted|Restricted|Total|Total| |||funds|funds|funds|funds| ||Notes||||| |FIXED ASSETS|||||| |Tangible assets|11|465,870||465,870|466,763| |Investments|12|25,740||25,740|29,131| |||491,610||491,610|495,894| |CURRENT ASSE1'S|||||| |Debtors|13|23,783|580|24,363|22,130| |Cash at bank and in hand||414,413|9,464|423,877|454,716| |||438,196|10,044|448,240|476,846| |CREDITORS|||||| |Amounts
falling due within one year|14|(9,536)||(9,536)|(20,164)| |NET CURRENT ASSETS||428,660|10,044|438,704|456,682| |TOTAL ASSETSLESSCURRENT|||||| |LIABlLITIES||920,270|10,044|930,314|952,576| |NEfASSETS||920,270|10,044|930,314|952,576| |FUNDS|15||||| |General
funcl||||634,269|627,656| |Balcling fund||||286,001|313,037| |Unrestricted
funds||||920,270|940,693| |Restricted
funds||||10,044|11,883| |TOTAL FIJNDS||||930,314|952,576| ## ## |||||2022|2021| |---|---|---|---|---|---| ||||Notes||| |Cash flows from operating|activities||||| |Cash generated
from operations||||~69,209)|~45,394)| |Net cash used in operating|activities|||~69,209)|~45,394)| |Cash flows from investing|activities||||| |Purchase oftangible
fixed assets|||||(5,194)| |Interest received||||3,595|1,179| |Pl'operty
re)ital hlcolne||||34,775|29,394| |Net cash provided
by investing
activities||||38,370|25,379| |Ch,'luge ln c'lish,'lnd c;lsh|equlvlllent's|In|||| |the reporting
period||||(30,839)|(20,015)| |Cash and cash equivalents|at the||||| |beginning
ofthe reporting|period|||454,716|474,731| |Cash and cash equivalents|at the end|of|||| |the reporting
period||||423,877|454,716| ## |OPERATING ACTIVI|TIES|||| |---|---|---|---|---| ||||2022|2021| |Net (expenditure)/income|for the reporting|period (as per the||| |Statement ofFinancial|Activities)||(22,447)|7,995| |Adjustments
for:||||| |Depreciation
charges|||894|l, l
I 8| |Losses/(gain)
on investments|||3,391|(3,584)| |Interest received|||(3,595)|(1,179)| |Property
rental
income|||(34,775)|(29,394)| |(Increase) in debtors|||(2,048)|(4,840)| |Decrease in creditors|||~10,029|(15,510)| |Net cash used in operations|||(69,209)|(45,394)| ## |ANALYSIS Ol' CHANGFS
IN NET F(IND|S||| |---|---|---|---| ||At 1.1.22|Cash flovv|At 31.12.22| |Net cash|||| |Casit at bank anti ln halld|454,716|~30,839)|423,877| ||454,716|~30,839)|423,877| |Total|454,716|~30,839)|423,877| ## ## ## ## ## ## ## ## ## ## |DONA'I'IONS|AND I,FG|ACIFS||| |---|---|---|---|---| ||||2022|2021| |Collections
at all services|||5,056|3,071| |Standing
order|donations||63,170|63,361| |Income tax recoverable|||20,210|16,923| |G i'all ts||||350| |Donations
—St|Pancras
International||6,020|12,240| |Sundry
donations
and other income|||17,025|15,219| |Other planned|giving||3,3-'10|3,480| |Youth work|||14,732|19,790| ||||129,553|134,434| |Grants received,
included||in the &ibove, are as I'ollows:||| ||||2022|2021| |Chichestcr
iVellare Trust||||3SO| |INVESTWIEN|I INCOWIE|||| ||||2022|2021| |Property
rental|income||34,77S|29,394| |UK diviclends|and interest||3,59S|1,179| ||||38,370|30,573| |4.|INCONIE|FROIVI CHARll|ABLF.ACTIVI1|ABLF.ACTIVI1|IES|||| |---|---|---|---|---|---|---|---|---| ||||||||2022|2021| ||||Activity|||||| ||Church
hall lettings||Church|activities|||7,502|4,030| |5.|CIIARITABLE ACTIVITIES COSTS|||||||| |||||||Grant||| |||||||1'unding of||| ||||||Direct|activities|Support|| ||||||Costs (see|(see note|costs (see|| ||||||note 6)|7)|note 8)|Totals| ||Church
activities||||129,134|19,461|45,701|194,296| |6.|DIRFCT COSTSOF CHARI'I'ABLE|||ACTIVITIFS||||| ||||||||2022|2021| ||Staff costs||||||34,S70|32,160| ||Activities||||||8,9S8|S,415| ||Parish contributions||||||73,200|70,500| ||Rector's and others expenses||||||12,406|10,200| ||||||||129,134|118,275| |7.|CHANTS|PAYABLE||||||| ||||||||2022|2021| ||Church
activities||||||19,461|19,885| ## ||Grants|payable
from|payable
from|payable
from|payable
from|the|the|St Pancras|International|International|restricted|fund included|in the above:|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||||||2022|2021| ||Anglican|International||||Development|||||||1,065|| ||Children|on|the Edge||||||||||1,070|1,000| ||CMJ||||||||||||240|300| ||Crosslinks
—Nekemte|||||School|||||||540|540| ||Interserve||||||||||||120|150| ||I&'.ibera Slum|||Nairobi|||||||||7,271|11,000| ||Link to|Hope|||||||||||21|| ||J Rovve||||||||||||1,850|| ||franslation||1'rust||||||||||4,520|4,320| ||Ukraine|refugees|||||||||||884|| ||Uni Chi|CU|||||||||||200|| ||A IVlumford|||||||||||||500| ||MAF|||||||||||||125| ||KVEC|||||||||||||1,000| ||||||||||||||17,781|18,935| |8.|SUPPORT||COSTS|||||||||||| ||||||||||||||Governance|| |||||||||||Management||I lnance|costs|Totals| ||Church|activities|||||||||43,421|120|2,160|45,701| ||Support|costs, included|||||in|the above,|are as|folloivs:||||| ||||||||||||||2022|2021| ||||||||||||||Church|Total| ||||||||||||||activities|activities| |||||||||||||||f.| ||Legal and prot'ession&al||||||I'ees||||||27,246|3,257| ||Upkeep|—Services|||||||||||583|936| ||Upkeep|—Svvanfield|||Drive||||||||1,036|2,313| ||Repairs|- Buildings|||||||||||2,830|3,027| ||Malltten|luce||- Chal'ch|||||||||3,575|1,885| ||Maintenance|||- Hall|||||||||4,662|3,590| ||Maintenance|||— I/2 St I'ancras|||||||||2,595|7,871| ||Depreciation|||ol tangible|||and heritage||assets||||894|1,117| ||Bank charges||||||||||||120|120| ||Independent|||evamination||||I'ees|||||2,160|2,400| ||||||||||||||45,701|26,466| ## ## ## |10.|STAFFCOSTS|||||||| |---|---|---|---|---|---|---|---|---| ||||||||2022|2021| ||VVages and salaries||||||34,031|31,599| ||Other pension
costs||||||539|561| ||||||||34,570|32,160| ||'I he average
monthly
number ofelnployees|||during|the year was|as follows:||| ||||||||2022|2021| ||Number ofCharitable|Stat'I'|||||2|2| ||No employees
received|emoluments|in excess off60,000.|||||| |11.|'IANGIBLE I"IXED|ASSE I'S||||||| |||||||Inlprovelllents||| ||||Freehold||Long|to|Furniture|| ||||property||leasehold|property|k equipment|Totals| ||COST|||||||| ||At 1st Janualy
2022 and|||||||| ||31st December 2022||38,930||350,000|126,755|40,038|555,723| ||DF.PRECIATION|||||||| ||At 1st Janualy
2022|||||53,390|35,570|88,960| ||Charge for year||||||893|893| ||At 31st December 2022|||||53,390|36,463|89,853| ||NET BOOK YALlIE|||||||| ||At 31st December 2022||38,930||350,000|73,365|3,575|465,870| ||At 31st Decelnber 2021||38,930||350,000|73,365|4,468|466,763| ## |FIXED ASSET INVFSTNIFNTS|| |---|---| ||I.isted| ||investments| |IVIARKET VALUE|| |At 1st January
2022|29,131| |Revaluations|~3,391)| |At 31st Decenlber 2022|25,740| |NET BOOK VALUE|| |At 31stDecember 2022|25,740| |At 31st December 2021|29,131| ## |DEBTORS:|AIVIOUNTS FAI.,I,ING DUF llVITIIIN ON|EYFAR|| |---|---|---|---| |||2022|2021| |Trade debtors||555|2,750| |Other debtors||760|583| |Income tax recoverable||18,609|16,441| |Pl'epagnletlts|an&i accrued income|4,439|2,356| |||24,363|22,130| ## |CREDITORS: AJVIO|UNTS|VALLING
D|l JE VVITIIIN ONV.|YEAR||| |---|---|---|---|---|---|---| ||||||2022|2021| |Other creditors|||||6,146|8,541| |Accruals
and deferred|income||||3,390|11,623| ||||||9,536|20,164| |JVIOVENIENT
IN VIJNDS||||||| |||||Net|Transfers|| |||||nlovcnlcnt|between|At| ||||At 1.1.22|In funds|fun&is|31.12.22| |I.Jnrestricte&l
funds||||||| |General
fund|||627,6S6|30,596|(23,983)|634,269| |The 13alding Redevelopnlcnt||Fund|313,037|(27,036)||286,001| ||||940,693|3,560|(23,983)|920,270| |Restricted
funds||||||| |St Panel'as
International|||10,387|(11,159)|9,420|8,648| |F.'.nlergency
Fund|||1,496|(100)||1,396| |Youth
VVork||||J&4,56'3)|14,563|| ||||11,883|~25,822)|23,983|10,044| |TOTAL VFJNDS|||952,576|~22, 262)||930,314| ## ||||I nconl lug|Resources|G;llnS 'uld|Movcnlcnt| |---|---|---|---|---|---|---| ||||resources|expended|losses|in funds| |Unrestricted|funds|||||| |General
1'und|||JS3,842|(119,855)|(3,391)|30,596| |The Balding|Redevelopment|17und|210|(27,246)||(27,036)| ||||154,052|(147,101)|(3,391)|3,560| |Restricted
funds||||||| |St Panel'&1s Intel'national|||6,621|(17,780)||(11,159)| |Fmergency
Fund|||20|(120)||(100)| |Youth
VVol.k|||14,732|f29,295)||~14,563)| ||||21,373|$47,195)||~25,822)| |I'O'I AL VLJNDS|||175,425|(194,296)|(3,391)|~22,262)| ## |Comparatives
for movemen|t
in funds||||| |---|---|---|---|---|---| ||||Net|Tran st'ers|| ||||nlovcnl cut|between|At| |||At 1.1.21|in funds|funcls|31.12.21| |Unrestricted
funds|||||| |General
fund
The Balding Redevelopment|Fund|620,213
315,430|23,362
~2,393)|( I S,919)|627,656
313,037| |||935,643|20,969|(15,919)|940,693| |Restricted
funds|||||| |St P'ulcI'as
International||7,702|(6,315)|9,000|10,387| |Enlcl'gcncy
Fund||125|61|1,310|1,496| |Youth
KVork|||(6,720)|6,720|| |Homeless
Projects||||(1,111)|| |||8,938|12,974|15,919|11,883| |'I'OTAL FUNDS||944,581|7,995||952,576| |||I nconl tug|Resources|Ganls and|tvlovelll cut| |---|---|---|---|---|---| |||resources|expended|losses|in funds| |Unrestricted
funds|||||| |General
fund
The Balding Reclevelopment|Fund|136&016|(116,238)
~2,393)|3,S84|23,362
~2,39'I)| |||136,016|(118,63I)|3,S84|20,969| |Restricted
funds|||||| |St P'loci"ls Intel'nation', ll||12,620|(18,935)||(6,315)| |Enlcl'gcncy
Fund||61|||61| |Youth
l&Vork||19,790|(26,510)||(6,720)| |I-Iomeless Projects||200|(200)||| |Chichester
3&Velfare Trust||350|(350)||| |||33,021|(45,995)||(12,974)| |1'0IAL FUNDS||169,037|(164,626)|3,584|7,995| ## ## ||||||Net||Transfers|| |---|---|---|---|---|---|---|---|---| ||||||nlovcnlcnt||between|At| |||||At 1.1.21|in funds||funds|31.12.22| |I.Inrestricted
funds||||||||| |General
fund||||620,213|53,958||(39,902)|634,269| |1he Balding Redevelopment||Fund||315,430|~29,429)|||286,001| |||||935,643|24,529||(39,902)|920,270| |Restricted
funds||||||||| |St I ancras International||||7,702|(17,474)||18,420|8,648| |Emergency
Fund||||125|(39)||1,310|1,396| |Youth
9Vork|||||(21,283)||21,283|| |I-lomeless Projects|||||||(1,111)|| ||||||~38,796||39,902|10,044| |10I'AI, FLINDS||||944,S81|~14,267)|||930,314| |A current year
12 months|and prior year||12 months|combined|net movement|in|funds, included|in the above ar| |Bs f0 IIows:||||||||| |||||lncon11ng7|Resources||Galas Bnd|IVlovcment| |||||I'csou I'ccs|expended||losses|in funds| |IJnrestricted
funds||||||||| |General
fund||||289,858|(236,093)||193|53,958| |The Balding Redevelopment||17und||210|~29,639)|||~29,429)| |||||290,068|(265,732)||193|24,529| |Restricted
funds||||||||| |St Pancras
International||||19,241|(36,715)|||(17,474)| |Enlcl'gcncy
I und||||81|(120)|||(39)| |Youth
1&Volk||||34&S22|(5S,805)|||(21,283)| |Homeless Projects
Chichester
)Vclfare Trust||||200
350|(200)
~350)|||| |||||54,394|~93,190)|||~38,796)| |TOTAI. I UNDS||||344,462|~358,922)||193|(14,267)| ## ## ## ## ||||2022|2021| |---|---|---|---|---| |INCOIVIE AND ENDOWVIIvIENTS||||| |Donations
and legacies||||| |Collections
at all sen ices|||S,OS6|3,071| |Standing
orcler donations|||63,170|63,361| |laconic t'lx I'ecoverab le|||20,210|16,923| |Grants||||350| |Donations
—St Pancras||International|6,020|12,240| |Sundry
clonations
and other income|||17,025|15,219| |Othcl' plBnned giving|||3,340|3,480| |Youth work|||14,732|19,790| ||||129,553|134,434| |Investment
income||||| |PI'opcl'ty
I'cntBI lncon1c|||34,775|29,39-'I| |UK dividends
Bn(l lntclcst|||3,595|1,179| ||||38,370|30,S73| |Charitable
activities||||| |Chtu'ch
hall lettings|||7,502|4,030| |Total incolning
resources|||17S,425|169,037| |EXPENDITlIRE||||| |Charitable
activities||||| |YVages, social security,||and pension|34,570|32,160| |Activities|||8,958|5,415| |Parish contributions|||73,200|70,500| |Rector's and others expenses|||12,406|10,200| |Giants to Instltlitlons|||19,461|19,88S| ||||148,59S|138,160| |Support costs||||| |Wlanagement||||| |Legal and prot'essional||fees||3,257| |Upkeep
—Services|||583|936| |Upkeep
- Swanfield|Drive||1,036|2,313| |Repairs - Buildings|||2,830|3,027| |IVIBintcnance
—Church|||3,575|1,88S| |Maintenance
—I-lail|||4,662|3,590| |Carried
forvvard|||12,686|15,008| ## ## ||||||2022|2021| |---|---|---|---|---|---|---| |IV1anagement||||||| |Brought forward|||||12,686|15,008| |Maintenance|- I/2 St Vancras||||2,595|7&821| |Depreciation|offurniture|& equipment|||894|1,117| ||||||16,175|23,946| |Finance||||||| |l3ank charges|||||120|120| |Governance|costs|||||| |Independent|examination|fees|||2,160|2,400| |Total I'esoui'ces|expended|on ordinary|activities||167,050|164,626| |VI'olessional
fees relating||to redevelopment||cost|27,246|| |Net (exl)enditure)/income|||||f 18,871)|4,411|