Charity registratlon number 1138291
ST ELISABETH'S PCC
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FUI
THE YEAR ENDED 31 DECEMBER 2024
Caladine
charlered Cerlified Accountants
141 P¢lPC

ST ELISABETH'S PCC
LEGAL AND ADMINISTRATIVE INFORMATION
PCC Members
Mr Peter Adams
Ms Susan Santos
Mr Lee Cheelham
Mr8 Ann Harri5
Mr Colin Allcorn
Dr Simon Eyfe MA FRCGP
Mrs Sarah Goddard
Mr Mark Filreld
Ms Susan Fifield
Rev David Harrigan
Mr Oen Miles
Ms Julie West
Mr Rithard Scott
(Appointed 30 May 20241
Charlty number (England and Wales)
1138291
Prlnclpal addre6S
St Elisabeth's Centre
268 Vi¢loria Diive
Eastbouine
East Sussex
BN20 8QX
Independent examiner
John Caladine FCCA CTA FCIE
Caladine Limited
Chantry House
22 Upperton R¢)ad
Easlbouine
East Sussex
BN211BF

ST ELISABETH'S PCC
CONTENTS
Page
Councll's report
Independent examiners report
Statement of financial activities
Balance sheet
Notes to the financlal statements
7-20

ST ELISABETH'S PCC
COUNCIL'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The PCC members present their annual report and financial statements ft)r the year ended 31 December 2024.
The financial statements havè been prepared in accordance with the accounting policies set oul In note 1 to the
flnan¢ial slalemenls and comply with the PCC'S Parochial Church Cwncil Powers Mea$ure119561 as amended and
the Church Representation Rtsleq the Chartlies Act 2011 and Aco)unting and Reporting by Charith'es." StateiTienl of
Recommended Practice appllcable to charities preparing their accounts in accordance wth the Financkil Reporting
stgndard applicable in the UK and Republic of Iieland {FRS 1021" leffeclive 1 January 20191.
Objectives and actlvlties
st Elisabelh's PCC has thè respwsibility ol supporting and working with the in￿Mben1 in promolino the
ecdesiasts.cal parish and the mission of the churth.. pastoral, evangelistic, social and ecumen￿91. 11 also has
maintenance responsiExlilies for St Elkqabeth's church building.
Publicbenef
The PCC members have paid due regard to gLOdance issued by the Charity Commission Ill dectding what aclivltles
the PCC should ulldertake.
Achigvemènts and performance
&gnifiGanl ad1vit￿8 andachievemenls agginst ohjediv68
The PCC, as the governing IK)dy of Sl Elisabelh's. meets iegularly throughout Èhe year. This includes soclal
gatherings in the summer and al Chri81mas which promotes a sensé of trust, belonging and shared purpose. At
Èach PCC meeting reports are received from Chuichwardens, Centre Man2gÈr. Treasurer, Parish Safeguarding
Off￿er and Vicar. These iepoits cover key areas a8 well as reportiro on mission and activitie8 within the church.
Wè continue to be blessed Revd. David Harrigari's leadership and the enomous support of his family,
especially Revd. Dav￿,8 wife, Mrs Hayley Harrigan We remain Committed to grow the church for the good of our
mmunty in Eastbourne Old Town and to make Chrfst known. as we seek lo 'make the ¢hurch like home and
hom? like the ¢hurch'. We have been blessed lo welcome a significant amounl of new mÈmLErs lo the St
Elisabelh's family over this year. The church hosted its liistAlpha Course 8inLE the Covid pandemic which was well
attended and was gieatly valued by those wanting to find out abr)ul Chrisli4nity 01 develop their fa*h furth￿. We
have been please(1 lo wel¢ome a range of vlsiling pieacher8 inclucting the Dioeesan Envlionmental Offkei.
Following the atte￿lance of iwo church members al the Dlocesan Environmental Day in Juno, St Elisabelh's has
mmitted to work towards the Eco Church Bronze Award. Awell supported chL¢rch eco group has been set up lo
undertake IhB task.
Sl Elisabeth's ChuTch is used fegularfy throughout the week by those hiring the church space to proV￿e services.
clubs and leisure actwilies and is a key resource to the wder community. The church Centre Manager continues lo
increase our profile and build good relati(￿ShipS wlh our hirers and Communty members. She is also wor￿"ng on
ds for financial supwrt to enhance our facilities. The use of our church halls in this way is not only a source of
income for the church but enables us lo build wtder networks and raises our profile as a churth community.
We are grateful and extend our thanks lo all those peopie who wllingty give their lime and skills to help vAlh the
mission and outreach ol the church.. for those who officiate, our Reader, those who run and help wth our chlldren's
clubs, those who volunteer wlh hospitality and Foodbank, those who help keep our thurch in good repair and lo
those members working bd)ind the scenes plannlng and enabling the activities of our chuich family.
Financlal revlew
Oveiall the church's unrestrided funds Igeneral and designated) showed a surplus, after tran81ers. of £6,45312023".
deficit of£6,2081.
Restricted funds showed a surplus, atter transleTS, of£11.26612023". deficrf( of£1,4291.
Total funds al the 31 DecembeF year end stood al £95.37612023.' £77,377) ofwhich £35.18912023'. £23,923) were
held in restricted funds arKI a further £5.62912023.' £5,3491 in endowment funds.

ST ELISABETH'S PCC
COUNCIL'S REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Re5erwes pOI￿Y
r FCC policy 15 t) hold money in re8erve for staffing and foi unforeseen situations. This Is held in general
unrestricted funds.
structure, goveinance and management
The Parochial Church Council IPCCI is registered ￿th the Charity Commission as required by the CharitÈes Act
2011. Its governing document is the Parochial Church Councils (Powersl Measure 1956.
Members of the PCC are either ex offi¢io or elected by the Annu31 Paroch￿& Church Mèeting IhPCMI in accordance
with the Church Representatw)n rules. In 2022 the meeting urds held on 24th Aprth 2022.
The PCC members who $eNed dufing the year and up lo the dale of signature ofthe financial State￿nts were..
Mr Peter Adams
Ms E￿sabeth Pfime
Ms Susan Santos
Mr Lee Cheelham
Mrs Ann Harris
Mr Colin All￿rn
Dr Simon Eyre MA FRCGP
Mrs Sarah Goddard
Mr Mark Fifietd
Ms Susan Fifield
Rev Oavid Harrigan
Mr Ben Miles
Ms Jeannie Luck
Ms Julie Wesl
M8 Rita A11coTn
Mr Richard Scott
(Resigned 30 May 20241
(Resyned 30 May 20241
(Resigned 30 May 20241
{Appoinled 30 May 20241
Recruilmenl and appointment of Iruslses
Members are waimty encouraged lo stand for dection to the PCC arKI we try to ersure a balance of skills
and exwrience where possible.
The Council's rep)rt was apwoved by the Board of PCC MembBrs.
Mrs Sue Fifield
PCC membÈr
Rev Davkl Harrigan
PCC member
Dale..

ST ELISABETH'S PCC
INDEPENDENT EXAMINER'S REPORT
TO THE PCC MEMBERS OF ST ELISABETH'S PCC
I report lo the PCC members on my examination oflhe financial statements ol Sl EIBabelh's PCC Ilhe PCCI for the
year ended 31 Decembèr 2024.
Responslbilitles and basis of ieport
As the PCC members of the PGC you are responsltle for the pieparalion of the finan¢Lg1 statements In accordance
with the iequiremenls of the Charities Act 2011.
report in respect of my examination of Ihe PCC'S financiql slalemenls carried out under section 145 of the
Charities Act 2011_ In catrying out my examination I have followed the Directlons given by the Charity Commission
ndei section 14515llbl of the Charities A¢t 2011.
Independent examlner's statement
Your attention is drawn lo the fact that the charity has prepared the financial statements in accordance with the
relevant vers(on of the Statement of Recommended Piactice appli¢abSe lo charith.es preparing their financial
slalements in accordance wlh the Financial Reporting StarKlard applicable in the UK and Republic of Ireland IFRS
102} in préferen￿ lo the Aceounling and Reporting by Chaiiliès." Statement of RecornmerKJed Piaclice issued on 1
Apiil 2005 which rèlerred lo in the exlanl iegulalions bul has now teen w¢lhdrawt. l undersland that this has
b*n done in order for the financial statemenls to prov¢de a true anLI falr view In accordance wlh UK Generally
Ac¢epladAccounting Pracli¢e.
I have completed my examination. I confirm tha no matter5 have Come to my attenliw In connection wth the
examination giving me cause tt> believe that in any material respect."
accounliThJ records weTe not kèpl in respect of the PCC as required by section 130 r>f the Chartties Act 2011.
the financial statements do mt accord with tho* records., or
the ftnanei81 slalements do not comply with the applicable requirements corKerning the form and content ol
financial slalerllenls set out in the Charities (Aecounls and Reports) Regulations 2008 othe¥ than any
requiiemenl that the finarKial slalemenls gtve a true and fair view, ￿rGh is not a matter ¢onsKJered as part of
an irKlependenl examination.
I have no con¢eins arKI have come acioss no other mattets in connection Milh the ex2min2tion lo which attention
should be drawn in this report in ordei lo enable a proper understanding of the financial slatemerts to be reached.
John Caladine FCCA CTA FCIE
Caladlne Limited
Chantry Hou8e
22 Upperton Road
Easlboume
East Su88ex
BN21 1BF
Dal@.'

ST ELISABETH'S PCC
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
Current flnanclal year
Unrestrlcted Unrestrlcted Reslrlcled Endowment
funds
funds
funds
fund6
general dasignated
funds
2024
Total
Total
2024
2024
2024
2024
2023
Notes
Income from-
Dmalions and legacie5
Charitable activities
Investments
74,610
42,087
1,666
8,867
13,722
97,199
42,087
64,927
37,729
1,010
Total income
118,363
8,867
13.722
140.952
103,666
Expendlture on:
Raising futKIs
Charitable activities
210
111,093
113,345
7,715
2,173
123,233
Totsl expendlture
113,345
7,715
2.173
123,233
111,303
Net gainslllos*sl on
inveslmenls
13
280
280
426
Net Incomel(expenditurel
5,018
1,152
11,549
280
17.999
17,2111
Transfers between funds
21
1.786
11,5031
1283}
Net movement In funds
10
6,804
13511
11,266
280
17.999
17,2111
Reconclliation of fundB=
Fund balances al 1 January ￿24
18.928
29,177
23,923
5,349
77,377
84.588
Fund balanc9$ at 31 December
2024
25.732
28,826
35, 189
5.629
95,376
77,377
The slalemenl ol financial activities IrKludes all gains and losses recognised in the year. All income and expenditure
denve Irom continuing a¢tivilies.

ST ELISABETH'S PCC
STATEMENT OF FINANCIAL ACTIVITIES {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Prior financlal year
Unrestri¢tad Unrestiicted
lunds
funds
general designated
funds
2023
Reslrlcted Endowmènt
funds
lunds
Total
2023
2023
2023
2023
Moles
Income from:
Donations and legacies
Chaiilable activities
Investments
63,596
37,729
1.010
784
547
64,927
37,729
1,010
Totsl income
102.335
547
103,666
Expènditure on:
Raising funds
210
210
Charitable acttvilies
101.058
8.059
1,976
111,093
Total axpendlture
101,268
8,059
1,976
111.303
Nel gainslllow81 on
vestments
13
426
426
Net incomellexpenditurel and
movement in funds
1,087
17.2751
11,4291
426
17,2111
Reconcillation of funds..
Fund balan￿S at 1 January 2023
17,861
36.452
25,352
4,923
84,588
Fund balances at 310ecember
2023
18,928
29,177
23.923
5.349
77.377

ST ELISABETH'S PCC
BALANCE SHEET
AS AT31 DECEMBER 2024
2024
2023
Notes
Flxed assets
Tangible assets
Investments
4,553
5,629
8.977
5,349
16
10,182
14,326
Cuirant a39ets
Debtors
Cash al bank and in hand
17
7,116
79,626
5,975
67.166
86,742
73,141
Credltors- amounts falllng due withln
one yeav
18
11,5481
110,0901
Net current assets
85,194
63,051
Totsl assets less CLtTrent Ilabllitias
95.376
77,377
The funds of the PCC
End(Iwment funds
Restricted income funds
Unrestricted funds- general
Unrestricted funds- deslgnaled fundg
20
21
23
22
5,629
35,189
25,732
28.826
5,349
23,923
18,928
29.177
95,376
77,377
The finanaal statements were approvecl ty the PCC members on ............
FRCGP
Rev Davsd Harrigan
PCC member
PCC membèr

ST ELISABETH'S PCC
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting wlicigs
Charlty informatlon
Sl Eli8abeth's PCC is a charity governed by the Parochial Chuich Councils (Powers) Measure 1956.
1.1 Accounting conventlon
The financial slalements have been prepared under the Church Accounllng Regulations 20￿, the Charities
Act 2011, FRS 102 'The Financial Reporting Slanolard applicable in the UK and Republic of Ireland. I'FRS
1021 and the Charities soRP"A￿o￿lIlng and Rewrting by Charities.. Statement of Recommended Pracli¢e
applicable lo chaiilies prepaiing their accounts in accordance wlh the FinarKial Rewrting Standard
applicable in the UK and Republic of Ireland IFRS 102y' le11eclive 1 January 20191. The PCC is a PULAI
Benefit Enlily as defined by FRS 102,
The PCC has taken advantage of the provisKns in ￿e SORP for charities not lo prepare a Slalementol Cash
Flows.
The financlal statements havè departed from the Charilies (Accounts and Reports) Regulations 2008 only lo
the extent iequired to provide a ITue and laii view. This departure has involved following the Statement of
Recommend@d Pracfice for charities applying FRS 102 ralhw than thè vetsion of the Statement ol
Recommended Practice which is ieferred lo in the RÈgulations bul which has Sin￿ been ￿IttdraWn.
The flnancial slalements are prepared in sterling, which is the functional currency ol the PCC. Monetary
amounts in these financial slalemenls are r(￿nded lo the nearest £.
The financral statements have been wepaled under thè historitral (yjst convention. The prlncipal accounting
policies adopted are set out below.
1.2 Golng concern
At the lime of approving the financlal ststements, the PCC memktrs have a reasonable expectslion that the
PCC has adequate resources to conl'nue in operg1iorTral existence for the foreseeable future. Thus the PCC
members continue to adopt the ooing concein basis of accounting in prepari￿ the finanoal slalements.
1.3 Charltable funds
UnrestTtcted fU￿S are avallable for use at the discretion of the PCC members in furtherance of their charilakAe
o*'edives.
RestrFCted funds are subject to specllic 0)nd￿lonS by donors or giantors as to how they may be used. The
purposes and uses of the reslrlcted funds are sel out in the notes lo the financial statements.
Endcmtynent fvnds are ¥ubiect to specifi'c ￿ndI￿on5 by donors that the capital must maintained by the
pcc.
1.4 Income
Income rs recognised Mthen the PCC is legally enlilled lo il after any performan￿ conditions have been met
the amoLmls can ke measured reliably, il is probable that income will bè received.

ST ELISABETH'S PCC
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting pollcles {Contlnu¢d}
Donatlons and legacies
Collections are rec(NJnised when ieceived.
Planned giving receivable B recognised when there is eviden￿ of enlillement, receipt is probable, ancl the
amount accords with the Gift declaration OT Qthei iecord of intention to donate.
Gitt aid recovered is recognised when the income to whlch il is attached rs recognised.
Grants legacies are re¢ognised when the formal offer in writing of the fu￿ing, 18 receThied by the PCC.
Charitable acttvities
Sales of magazines and study notes are rec(yJnk8ed when received.
Rents from piowrty are recognised In accordance with the rental agreements. when recei¥* is probable.
other tradlng activities
Trading activittes are where inccme is recelvable in retum for selling goods or providing service5. Income from
trading is recognised either. a when received, OT b - in the case ol room hire chaTges, when the hire has
taken place and recelpt is probable or c- in the case of con￿rts.. for the year in questlDn, irrespective of dale
of receir* Advance re￿iptS for both concerts Iwm hiie are included in cfeditors until the concerts or
hiring has taken place.
Investment income
Divtdends are accounted for when due and payabl2. Interest entitlements ale a¢counted lor as they accrue.
1.5 Expenditure
E%￿ndrture i5 accounted for on an accru￿3 basis and accounted for gross.
Grants
Grants and donallon5 are aceounled for when paid over. or when awarded where the award create8 a iinding
obligation on the PCC.
Church Acllvlties
The diocesan parish contiibulion is accrAJnled for on an anntjal basis, reflecting the allocation set by our
Deanèry. Any parish contribution unpaid al 31 December 15 piovidEd for in thes8 accounts 39 an operalioTral
Ilhough not a legall liabi'lity and ts shown as a creditor in the balance sheet.
1.6 Tangible flxed assets
Gonsecrated ancl beneficed property of any kind is exduded from the accounts by s.10(21 of the Charities A
2011. Movable church fumishing held by the Wcar and Churchwardens on special ItUs1 for the PCC and which
requlre a lacully for di8POsal, ale accounted as inalienab]e property unless consecrated. They are listed the
church's inventory thich can be inspe¢ted bul are not included in the h'nancigl statements. For other property
acquired prior lo 1 January 2003. the¥e is Insufficient cost infotmation available and therefore the cost of Sltch
assets is not slated in the financial 61atements.
All expenditure on consecrated or beneficed bU1￿1ngS and individual items costing under £1,000 are ￿lIten off
in the year they were incurred.
Depreciation is recognised so as to write off the cost or valuation of assets less their resid￿1 values over their
useful lives on the followng basB'.
Fixtures and fittings
25%

ST ELISABETH'S PCC
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Awounting policiès Icontlnued
No deprecialion is piovided on freehold pioperty as the PCC'S policy to maintain these a55ets in 8
cL)nlinual slate of sound repair. The usefLS1 economic lile ol these assets is $0 long and re$￿Ual values so high
that a￿Y depreciatlon would not be mateilal. These assets will subject to annual itnpaimient revlew3.
Provision will be made if thwe has been any permanent dlminulion in Va￿e.
The galn or Ic6s arising on the disposal of an asset i% deletmined as the differen￿ between the sale proceeds
ar>d the carrying value of the assel. and 15 recognised in the slalemenl of financial activities.
1.7 Fixed asset investments
FrKed asset investments are initially measuted al IransactlL)n price excluding transactk)n costs, and are
subsequently measuFed al fair value at each ¥etx)rting date. Changes in fail value are recognised in nel
Incomellexpenditurel for the year. Transaction costs arè expensed as incuiied.
1.8 Impalrment of flxed assets
Al each reporting end date, the PCG revlews the Carrying amounts of its tangible assets lo detèrmine whether
there is any indication that those assets have suffered an impairment loss. If any such irxjicalion exists. the
recoverable amount of the asset Is eth'maled in ordèr lo determine the extent of the impairment loss lil any).
1.9 Cash and cash 4uivalents
Cash and cash equivalerts rnclude cash In hand, deposits held at call with banks, other short-term liquid
investments wrth original malurilies of three months or less, and bank oveFdTafts. Bank overdrafts are shown
wthin boiiowings in current liabilities.
1.10 Flnancial instruments
The PCC has elected lo apyy the provisions of secti￿ 11 'Basic Financbal Instruments of FRS 102 to all of its
finan(#al Instruments.
Flnanual instruments are recogntsed in the PCC'S balance sheet when the PCC becomes paty lo the
contractual provisions tsf the instiufflenl
Financial assets and liabilities are offset, ￿th the nel amount8 presented in the financial statemÈnts, vknen
there k% a legalty enforceable right lo set off the re￿nised amounts and there is an intention to Sellle on a nel
basis or to realise the asset and settle the liability simultaneously.
kgosic ffnanclal assets
Basic financial assets, wthi¢h inc1L￿e debtors and cash and ban1( balan￿s, are measured al transaction pric
including Irartsaction costs.
8aslc financial114blllties
Bas￿ Iinancial liabilities. Including Credito￿ and bank loans are recognised at transaction price.
Trade creditors arè obligations lo pay for goocls or seNices that have been acquired in the ordinary course ot
operation8 from supplters. Amounts payable are ck8sified as current liabJ"lilies if paymènt ks due within one
year or less.
Derecognition of finan¢l&l liabilities
Financial liatx'lrties are derecognised when the PCC'S contractual obligat¢ons expire or are discharged or
cancelled.
1.11 Employee berpfits
Teimination benelit¥ are recognised immediately as an expense when the PCC Is demonstrabty wmmitted to
terminate thè employment of an ewnployee or to WQVhJe termlnalion benefits.

ST ELISABETH'S PCC
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting pollcle$ (con￿nued}
1.12 Retlrement benefits
Payments to defined conlribulton retirement benefjl schemes are charged as an expense as they lall due.
Critlcal accounting estimates and Judgements
In the application ol the PCC'S accounting Folicies. the PCC membels are required lo make judgements,
estr"males and assumptions about the Car[￿ng amount ol assets and Irabilities that are wl readily apparent
Iiom other sources. The estimates aThJ associated assumpt￿nS ale based on historical expetience and other
lactors that ale considered lo be relevant. Actual results may differfrom these estimates.
The estimates and underlyirg assumptions are reviewed on 9n ongoing basis. Revisions to accounting
estimates ale tecognised in Ihe period in which the estimate revised where the revision affects only that
period, or in the period of the revision and future periods there the iewision affects both current and luture
periods.
10-

¢0 0>
01
10
) * t
00
0tr4rP)
Iiy,"
001

ST ELISABETH'S PCC
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Income flom charbtable activities
Unrestrlcttsyl
funds
2024
Unrestricted
funds
2023
Charltable act6vltles
Rummage sales
Fees for weddiru, funera& elo
Church hall hire
148
268
41.671
2,801
36
34,892
42.087
37,729
Income from Inwstments
Unrèstricted UnrestriGtsd
funds
funds
2024
2023
Interest receivable
1.010
Expendlture on ralsing funds
Unrestricted Unrestrlcted
funds
funils
2024
2023
Fundraising and publlclty
other fundraising costs
210
12-

ST ELISABETH'S PCC
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Expendltule on charitable actlvlties
Charitable
actlvltles
Charitable
activities
2024
2023
Dlrect costs
Staff costs
Depreciation and impairfflent
Diocesan parish contribution
Other dergy eosts
Church running arKS mairttenance
TelecDms and illternel
Waste di%posal
Major repairs and rerK)vations
10,790
4,424
47,250
8,537
27,216
1,201
839
20,852
5.136
4,426
59,735
7,809
21,498
1,885
7,410
121,109
108.625
Grant funding ol activities (See note 8
128
Share of support and governance costs (see note 9)
Governan
2.124
2,340
123.233
111,093
Analysls by fund
Unrestricted funds - general
Unrestricteil funds- designated funds
Restricted funds
113,345
7.715
2.173
1L)1,058
8.059
1.976
123,233
111,093
Grants payable
Charitable
activltles
2024
Charitable
aclivllies
2023
Grants lo inslitulions..
other
128
13-

ST ELISABETH'S PCC
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Support costs allocated to actlvllles
Charltable
actlvitie5
2024
Tot81
2023
Governance
2,124
1340
2024
2023
Governance costs comprlso..
Independent examination lees
Accountancy
Bookkeeping and payroll
SOD
948
576
600
2,124
2.340
Governan￿ ¢osts above inclwles payments IL) the independent examiner of £600 12023.. £6001 lor
Independent examination work and £1,52412023.. £1,084) lor other services.
10 Net movement In funds
2024
2023
The nel movement in lunds is ststed after chargingllcfedilingl..
Fees payable for the independent examination of the d)arl(y'8 financsal
statements
Deprfjryalion ol o)fvned tangible fixed assets
600
4.424
600
4,426
11 PCC Members
The Vicar, Rev D Harrigan is emFAoyed by the Diocese. St Elisabelh's provide him wlh a vicarage. in order lo
fulfil his duties.
None ofthe othei PCC members lor any ptrrsons connected wlh them) re￿Ned any remuneration or benefits
from the PCC during the year.
Totsl donations from the PCC membe￿. and their related parties, amounted to £26,96912023.' £21,709). This
dc)esn'l include donation5 given into ¢ash collediws wheie the indwidual donors are not ldentilia￿é.
12 Employees
The average monthly numbÈr of employees duTing the year was..
2024
Number
2023
Number
14-

ST ELISABETH'S PCC
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
20 Endowment funds
Endowm&nl furKts rewesenl a88ets which musl be held permanently by the PCC. Income aiising on the
endowment funds can be used irk a￿OrdanCe with the objects ofthe PCC arKI is included as unrestrided
incx)me. Any cap¢tal gains or105ses arising on the assets ft)rfn part of the fund.
At 1 January
2024
Gains and
losses
At31
December
2024
Permanent endowments
Eliza Watson
Clarke Graveyard
Walson (*aveyard
1,828
718
2,803
194
22
2,￿2
740
2,867
5.349
280
5.629
Prevlou8 year..
At 1 January
2023
Gain5 and
losses
At31
December
2023
Permanent endowments
Eliza Watson
Clarke Graveyard
Walson Graveyard
1,681
680
2,562
147
38
241
1,828
718
2,8Q)3
4,923
426
5,349
17-

ST ELISABETH'S PCC
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
21 Restrlcted funds
The ie8lrioted funds of the charity wmprise the unexpended balances of donation8 and grants held on trust
subject to speciflc conditioTrs by donors as lo how they may be used.
At 1 January
2024
Inwming
resour￿5
Resources
expended
Transfers
At31
Decembèr
2024
Chalk Cliff Trust
Musl
Upstairs kitchen and toilet
eBay
Garden fund
Arts fund
Children fu
Charity Contad Centre
Tolz equipment
Capital equipment- dewecÉaled
gssets
Box - Boxing Club
Youth worker
2,954
223
629
6,125
351
10,942
273
18
327
2,954
84
629
6,125
351
10,942
63
18
354
1139}
73
12831
224
11971
1.837
244
11,8371
425
13,￿0
13,0
23.923
13,722
12,1731
12831
35.189
Prevlous year:
At 1 Januaiy
2023
Incownlng Resource3
resources
expended
Transfers
At31
Decemlxr
2023
Chalk Cliff Trust
Musl¢
Upstsirs kitchen and toilet
eBay
Garden fund
Arts lund
Chlldren fund
Charity Cont8Ct Centre
Totz equipment
Capital equipment- depre¢rated
assets
Box - Boxing Club
2,954
223
629
6,125
351
10,942
158
18
277
1954
223
629
6.125
351
10,942
273
18
327
253
11381
50
3,675
11,8381
1.837
244
244
25,352
547
11,9761
23.¥23
18

ST ELISABETH'S PCC
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
21 Restrlcted lunds Icontlnuedl
The Re8trlcted fvnds of the charity contain waiious amounts whlch have been givèn for speclfic purposes,,
80me ofwhlch go back many years. The trustees are n)onttoring these balance5.
The Capital Equipment Fund rep￿SentS specrfi¢ assets over wh￿h ￿nditionS were placed. The fund absorbs
the dèweci21ion on these assets each year.
The Boxing Club fund ¢ontain8 M￿leS in relation to our new youth project.
22 Unrestflcted funds - designated funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are
not subjè¢t lo specific conditions by donors and grantors as lo how they may be used. These include
dessgnated funds which have been set aside out of unrestricted ftJnds by the Iruslees for gpècilic purposes
At 1 January
2024
Incoming
resources
Resources
expended
Th￿Sfe[S
At31
December
2024
Legacy AH
Club 1
Community Support
Messy Church
School lunches
¢afs dk8crelionary
Flowers
Wind
Totz
Flcrf)r renovation
17,134
447
6,117
11831
2,340
17,134
447
6,147
55
11551
283
2,340
63
1,086
1,769
63
11,0861
522
8,280
2,291
17,5601
{7001
29,177
8,867
17.7151
11,5031
28,826
Prgvious year:
At 1 January
2023
Incoming
resources
Resources
expended
Transleis
At31
December
2023
Legacy AH
Club 1
Community Support
Messy Chtsrch
School lunches
Vicarfs discretionary
Flowers
Windows
Tolz
24,994
447
6,000
11231
2,340
404
31
1,086
1,273
17,8601
17,134
447
6,117
11831
2,340
404
63
1.086
1,769
197
44
1801
11041
32
511
36,452
784
18.0591
29,177
19-

ST ELISABETH'S PCC
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestrlcted funds
The unreslri¢ted funds of the charily comprise the unexpended balance5 of donation8 and grants which are
not subject to specific condbtions by donors and grantors as to how they may be used.
Transfers
At 1 January
2024
Incoming
resources
Resources
expended
At31
December
2024
Gerkeral funds
18.928
118.363
{113,3451
1.786
25,732
Prevlous year:
At 1 January
2023
Incomlng Resources
iesources
expenrJ8d
Transfers
At31
December
2023
General funds
17.861
102,335
{101,2681
18,928
24 Analysis of net assets belween funds
Unrestricted Unresliicted
funds
funds
general de51gnated
funds
2024
Re&trl¢ted Endowment
funds
funds
Total
2024
2024
2024
2024
At 31 De¢èmbgT 2024..
Tangible assets
Investments
Current assetsllliabilrfiesl
4,553
4,553
5,629
85,194
5,629
21,179
28,826
35,189
25,732
28,826
35.189
5,629
95,376
Unrestricted Unrestricted
funds
fund5
general deslgnatsd
funds
2023
Restrlct8d Endowment
funds
funds
Total
2023
2023
2023
2023
At 31 December 2023:
Taroible assets
1nveslments
Current assetsllliabilillesl
7,140
1.837
8,977
5,349
63,051
5,349
11,788
29.177
22,086
18,928
29,177
23.923
5,349
77,377
-20-