Trustees Annual Report and Financial Report
of
The Parochlal Churth c￿ntil of thè E£desl*icat Partsh of
St Margaret, Rottingdean
St Margarevs Church. The Green, Rottingdean, Brighton BN2 7HA
Registered Ch3rity no. 1138715
For the year ended 3tst De￿fflber 2022
CONTENTS
Page
Trustees annual report
Statement of financial activtties
Balance sheet
Notes to the accounts
14
Report of the independent examiner
Website-. stmargaret.org.uk
The Revd Dr A Moore
Incumbent..
St Margarevs Church The Green Rottingdean BN2 7HA
Independent Mr P Woodgate
examiner.. Unit 43 Newhaven Enterprise Centre Newhaven BN9 9BA
Banker5'. Natwest. Shawbrook Bank

St Margarevs, Rottingdean
Trustees Annual Report for 2022
Our alms and purposes as a charity
The PCC has the responsibFlity ol co-operating with the incumbent, the Revd Dr Anthony Moore, ift..
The promotion of the gospel of the Lord Jesus chr￿ according to the dortrines an(1 prattites of the Church
of England
Promoting in the parish the whok mission of the churd), pastoral. so(ial, evangelistic and. ecumenical
To know Jesus better and make Hirn better known
Practical support and Ca￿ for people In the parish, from the youngest to the eldest. irrespective of level of
need or. ability to pay
Providirjg financial support those in need and. to other organisations with similar objectlves.
What we planned to do to achieve our charitable objertives
When plannin8 our artivities for the year, our incumbent and the PCC have considered the Charity Commission's
guidance on public benefit and, particulèrly, the specific guidance on 'charit>es for the advancement of religion,.
Obviously, some of the planned activities were curtailed due to dtfferent degrees of Cowd 19 restrirtions.
The council has complied with the duty under 5ertion 5 of the Safeguarding and aergy Discipline Measure 2016, fully
recognising its duty to have tlue regard to House of Bishops, guidance on safeguarding children and vulnerable adults.
For 2022 we discussed and planned the following objectives and acttvitses to fuffil our aims..
Enabling as many people as possible to worshtp at our church
Enabling as many people as possible to become part of our parish community
Teachin8, baptisin8 and nurturing new and existtng believer5
Maintaining an overview of worship throughout the parish
Considering how servites can involve the manygroups that live wtthin the parish
Putting faith into practice, through prayer and scripture, music and sacrament
Offering worship and prayer. learning about the Gospel. in small group situations
Assisting people from all walks of life to develop their knowledge of, and trust in, Jesus
Provision of pastoral care for people living in the parish
Provision of assistance to the poor and needy of the parlsh
Giving donations to tharitable organisations and supporting the Whitehowk food bank
Maintaining the tsbric of the church building as a historic centre and focu5 of life in the village.
What we achieved and how we afferted beneficiaries. Ilves
Attendance ot worshlp
The church family welcomes visftors from within a5 well as outside the pa￿sh boundary. Visitors attend by personal
choice and, it is our great pleasure to welcome anyone from all walks of life to take part in the life of the church. We
contend that voluntary attendance to worship the Lord Jesus Christ. is a major demonstration of the public benefit of
our activitie5.
Over the course of the year se￿1￿ attendano has Èncreased slighty following the Covid 19 pandemic. We look to
encourage the deepening of farth for all ages. and work dosely with ourchurch primary school.
TRUSTEES AN14LIAL REPOR T

Christmas is a very speclal time of ￿lebratiOn where many sections of the communtty come together to join in the
servtces. There was a marked increase in attendance this year.
A normal schedule of services and community events has been restoretl. A weekly recorded audio servlce has
continued. People have been able to access this seNice online and via a speaally designated phoneline. The Alexa
provlsion has ceased.
Teachinth boptising ondnurturing new ondexisting belleve
It was with great delight that we celebrated the baptism of several children. A number of weddirbg5 were celebrated.
Provision of the churrh buildingforpeople to enjoy
It is important to U5 that the church is available for private prayer. not just to the church famlly. but to the wlder
visiting community. To this end the church building is open duringthe day. Many remark not onty how refreshlng It is
to find an open church but, also the sense of peacefvlness and spirttuality the church pervade5.
Other feedback includes the sense of history vthin: that people of much earlier generations found Ilfe and presence
there, and comments on the appreciation of the arthirectural beauty of the buildin& especially the Edward Burne-
Jones windows.
Spatlal reorderin8 of the thurth building and future projects
Our church family has continued ro develop plans to reorderthe nave of the church and create an extension. The new
extension will house a kitchen, accessible toilet and baby change facilities, new office accommodation, anil a large
and small meeting room for use by the church and local community groups. As part of the project, we will enhance
the audio-visual equipment, replacing some elements where nece55ary. This will enable a rn0￿ modem approach to
services, whilst protetting those who prefer the alternative approach to worship through hymn books and leaflets.
Ongoing deasions made in faith, to adopt and encourage the Diocesan Strategy of reimagining of ministry and, to
modernise our church building, point to a hopeful fLrture, but will require the continued spiritual commitment from
all of us. to see it realised. We are In the fortunate E￿or10n to be able to cover the cost of the project havlng sold St
Margareys Cottage, and because of two substantial legaaes, and a generous dorbation of financial support.
Pmvlslon oApastorol ¢are/orpeople Ilvlng In the portsh
The Vicar and our Parish Wisitor are responsible for hosprtal TrMsit5 and home communions. We also wsit local care
homes and keep in touch with parishoners by telephone.
Other charitable giving
The church famKly ha5 5UPPOrted the church primary school and the Royal British Legion. Donations collected from
our congregation were given to Off The Fence. Royal British Lebrion and Voices in exile.
Flnancial Revlew
rreasurer
The PCC would like to thank Joanne Sice for her hard work and efforts asthe previous Treasurer and her excellentjob
of handing over to our newly electe(l TreaSU￿r, William Woodhouse.
Incomin9 and outyolng resources
Total receipts on general unrestricted funds received were £103,650 and are detailed in the Financial Report.
The Treasurer has started an exercise at the end of 2022 to ensure that the Church has the most up to date records
in place for claiminB Grft Aid on qualifying donations. We are pleased to say that the exeruse is going well and have
seen an uptake in slgnèd forms being re￿IVed and records being updated.
Legaues reoived 2022 amountsd to £104,771.
TR USTEES ANNUAL REPOR T

The PCC are committed to identifying cost savlngs and effiaenaes and a line by Ilne cost review was undertaken in
2022.
Unfortunatefy the contartless card machine was bwnd economlc ￿paIr, but we are exploring posslbilities of
replacement. This has had an adverse effect on our in¢ome in 2022.
Sharlng the mlnlstry¢OSts oAthe Dlocese oAChtchester
The largest expendtture of the PCC was the Sum of £76,967 paid to the diocese for our share of all churches, Parish
Ministry Costs.
The total relates directlyto the housin& support, stipend and pension costs of the dergyof this parish, training of new
ordinands, a contribution to national church funds and, shared costs of the Christian family throughout the whole
diocese, including assistan￿ towards the upkeep of thurches less able to manage than ourselves.
Is antScipated that the share of Parish Ministry Costs will redu￿ in 2023 in line wtth the thurch being closed as part
of the development works.
Staff costs
The PCC employs no staff.
Trustee poyments and expenses
The PCC also supported the clergy by paytng Council Tax of £2,653 and Water charges of £337.
Clergy expenses are lower this year asthe Wicar has not been claimimgfull expenses. this will continue into 2023 until
our finances recover. This is a way of supporting the finances of the Parish.
There were no payments to persons related to or connected to. the Trustees.
Office costs
We had previoLrsly negotiated a 5-year fixed rate utility contract. which has helped us erKJrmously as the predicted
energy price increase hit in Autumn 2022.
Why we hold some money in reserve
It is PCC poliry to maintain a balance on the general unrestrFrted funds (excluding propertyl which equates to
approximately three months, worth of unrestricted payments as contingency against unforeseen situations.
As well as holding the above general reserves, from time to time the PCC receives unrestricted or restrlrted legacles
for expenditure defined by the donor.
St Margareys Cottage was sold in 2022 and the sale proceeds are held tn our account with Shawbrook Bank to accrue
some interest and for security of not keeping large sums in our current account.
Management of risks and their mitigation
The PCC has an ongoing task of reviewing the major risks which impact on the work of the chvrches in the
parish. The usu31 PAT testing and fire extinguisher checks have b￿n carried out.
The PCC consider that the principal risks anil uncertainties are..
The health and safety within the church building in particular a potential trip hazard with lifting floor tiles. This
ssue will be resolved following the re-ordering project expeaed to Commen￿ in 2023, later than prevbously
hoped.
The need to fund unexpected costs.
An unexpected fall in income.
The requirement to find volunteers with the approprfiate skills, time and commrtment to support the ministry of
the congregation." this is provin8 increasingly difficult since the pandemic.
The PCC seeks to manage these risks and uncertainties by regLtlarly reviewing its Mission Artion Plan and its plans for
the use of the church building. We aim to maintain our property to a high standard and carry out the priority items of
a quinquennial review In a timely manner.
We alm to diversrfy income and plan to more effectfvely hire out the churth building to external partie5 once the re-
ordering takes place.
We are pleased to be al￿e to pay l(KJ% of our parish share in 2022 (amounting to £76.9671.
TRUSTEES ANNUAL REPORT

Future uncertainties
At some point in time, hopefully Autumn 2023, we will need to close the churth building for repair and development
work. The building will be dosed for 5-6 months which will have a negative impact on our finances through loss of fee
Income and visitor donations.
Strurture, governance and management of the charlty
The Parochial Church Council IPCCI ts registeied wtth the Charity Commission as required by the Charities Act 2011.
Its governing document is the Parochial Church Councils Ipowersl Measure 1956.
During the year the following seNed as members of the Parochial Churth Council=
Ex OffKio members
Incumbent-.
The Revd Dr Arrthony Moore
Chairman
Wardens-
Dawn Davrdson
Heather Butler
Elected Members
Bemie aark
Lorna Coleman
Kerwin Hack
Mary Hanna
Mike Laslett
Susan Leaney
William Woodhouse
SLtsan Sparks
Duncan Ward
Michael Maddox
resignetl Autumn 2022
Safeguarding Officer
Treasurer
Secretary
Deanery Synod
Membership of the PCC is determineil under the Church Represenr3tion Rules and consists of certain ex-officio
member5 (the incumbent), the churchwardens and members of the Deanery, Diocesan or General Synods 3nd
members of the church who are elected at the Annual Parochial Church Meeting IAPCMI. Member5 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. Dr Anthony Moore. PCC Chairnian
Date...
TPUSTEES ANNUAL REPORT

Annual Financial Report
The PaT￿h5￿1 Churth Cwncll of the EttlÈSl￿cal Parfsh ol
St Margaret's Church, Rottingdean
St Margareys Church. The Green, Rottingdean. Brighton BN2 7HA
Registered Charity no. 1138715
For the year ended 31st December 2022
CONTENTS
Page
Statement of financlal actlvities
Balance sheet
Notes to the accounts
14
Report of the independent examiner

St Margaret's Church. Rottingdean
Statement of Financial Artivities
registered chority number 1138715
The financial effect of our activities during the year can be summarised as follows
ENhy¥￿d Toial F￿￿$
2022
rotoiFunds
2021 Plotes
Fund I
Fw
Income and endowme1￿ from:
Donatlons and legacie5
CharitsblÈ actnitties
82.189 .'
107.496
,685 1
Z73.221
10,790
Other tradirg actiyitles
Investments
565
796
Other receipts
Totsl income
iia.650
107N96
21L146
284.807
Expenthwre oTh'.
Raisin8 fijnds
Charitable actNitie5
113.696
34987
151958
Othertrad5ngactw￿￿s
proftt on sale of property
I￿3.527)
1603.5271
Total expenthture
IIY.696
1568J401
1454W41
152.958
Netgairks lor losses) on investrnents
Net Income or (net expendiiurel
676￿6
131,849
Transfers bthween funds
6￿21
Is￿211
io
135241
669514
131,849
Other rqragnlsed 8*lhslllossesl:
Gains/llo55e51 on revaluation of fixed
3S5Qts
Other 83in511105se51
12.oa81
P,0381
9,746
Rectrnciliotion offunds..
1.623
1.623
mo¥emem th fvnds
669￿24 .
121)￿>
665,575
141,595
Total funds brought forward
2(Al.297
232.858
21.216
4543711
312.776
Total funds cayrled froward
198396
.178
119,946
454,371
ANNUAL FINANCIAL REPOR T

St Margarevs Church, Rottingdean
Balance Sheet
registeredcharity number 1138715
Our firtancial position and summary of funds at the year end were
Totsl F￿￿$ .
rotolFunds
2021
Intsngible assets
Tangible a55et5
leritage assets
Endowed investments
186.087
19.173 ,
21.216
Totsi flxed assets
19,903
207.303
li
Stock5
Debtors
1.219
14
Investments
Cash at bank and In trwnd
256.838
cwr¢nt assets
U2280
258.057
Creditors." Amounts falling due wtthin or*yeaT
112.2371
(iOJ891
J5
Net cwrrert assets
247,068
Tot818ssets le55 current liab4Ftie
L119.946
454.371
Creditors.. Amounts fallingdue after more than one year
PIow5ions for liabilities
16
Total nota55ets or Iliablfftl£sl
1.119.516
454,371
The fvnds ofihe(harlty:
Endowmentfunds
19.178
21.216
Restricieo Income iunds
*)2,372
232,858
Total restrlrted funds
921550
254.074
Unrestricted funds
198,396
2LiI.297
Total unresbictedfunds
198.
2W.297
Totsl charthy fvnd5
LU9,946 .
454,371
18
This Financial Report forthe year ended 31st December 2022, indudingthe notes following. was approved by
the PCC and Signed on its behalf by The Revd. Anthony Moore, PCC Chairman:
Date...........-.....-...............................
ANNUAL FINANCIAL REPOR T

St Margaret's Church, Rottingdean
Notes to the Financial Report
registered chority number 1138715
l Accounting policies
Basis of preparation
The PCC is a public benefit enttly within the meaningof FRS102. The finanoal statements have been prepared underthe
Charities Att 2011 and the Church Accounting Re8ulations 2006, in accordance wtth applicable accountin8 standards and
the current Statemellt of Recommended Practice, Accounting and Reporting by (tharr(ies,150AP IFRS 10211.
The financial statements have been prepared under the historrcal c05t convention as modrfied by the inclusion of
investments at market value. The financial statements include all transactiOn5. assets aThd liabilities for vthich the PCC is
re5pon5ible sn law. They do not include the accounts of church 8roups that owe their affiliation to another body, nor those
which are informal 8atherings of church members.
Funds accountlng
Funds held bythe PCC are..
Unrestrictedfvnds-general funds which can be ￿Sed for PCC ordinary purposes.
Designotedfvnds- rnonies set aside bythe PCC of unrestricted funds for specific future purposes or projecis.
ReStr￿le￿AUlmI5- al income frorn trusts or endowments whkh may be expended only on those restritted objetts provided
in the terms of the trust or bequest- bl donations or grants receNed for a specffic object or invited by the PCC for a specific
object. The fsjnds may On￿ be expended on the 5pecrfic object for which they were giva). Any balance rernainin8 unspent
at the end of the year is carried forward as a balance on thatfund.
Endowmentfund5-funds for which the capital must be maintsined- onty income ar$5ingfrom the investment of the
endowment may be used, either as ￿Stricted or unrestrirted hjnds. depending on the purpose set out in the terrn5 of the
original endovm)ent.
Income and endowments
All income and endowments, accounted for vrithout deductK)n for any cost5 of receivability. are recognised when there is
evidence of entirlement. receipt is probable, aJMJ the arTh￿￿t caA be measured reliably.
Donations and legacies
Collections are recognised when received.
Pl¢ynned giving reeeivuble ￿ recognised when there ￿ evidence of entitlement receipt is probable. and the èmount accords
wr(h the Gift Aid declaration orother record of intention to donate.
Gift oid recovered is ieco8Nised when the incorne to whith it is attached is reco8nised.
Gronts ond legocies are recognised when the formal offer in writing of thefundin& is receÈved by the PCC.
Ch•rlt•ble •rtfvltl
Statutory fees for wedijings and funerals are recogni5ed when the office OCCUT5.
Other tradlng activities
Trading activities are where income is ￿e1Vable in return for sdling goods or providing services. Income from trading is
reco8nised either". a- when re￿ived, or b- in the case of Conce￿." forthe year in whKh the event occurs, irrespective of
date of receipt. Advance bwkin8s are induded in C￿dITorS unttl theconcert has taken place.
Sales of magaziTres and study notes are recognised vthen received.
Rents from property are reco8nised in accordance with the rental agreements when receipt is probable.
Investment income
D&vidends are accounted for when due and payable. Interest entiUements are accounted for as they accrne.
ANNUAL FINANCIAL REPOR T

St Margarevs Church. Rottingdean
Notes to the Financial Report
registeredcharity number 1138715
All other income
All other income 1$ recognised in accordanEe with the abo￿ overall poiKy
Galns and losses in¥e5tments
Reallsed gains are recognised vthen the investrnents are
Unrealised galns and losses are accounted foron revaluatlon at 31 D￿nber
EXpendI￿re
Expènditure 15 recognised when there is ewdence of entrtlement, payment 15 probable. and the amgunt can be measured
Grants
Grants artd donati￿$ are Kcounted fort•then paid over. orwhen awarded wherethe award e￿ateS a binding obligation on
the PCC
Church athitles
The dtrKesan parish Contrib￿lon is accounted for on an annual basis, renettin8 the alh)catN)n set by Deanery. Any
parish contribution unpaid at 31 December is prowded for in these ￿counts as an operational Ithou8h not a le8all liability
and is shown as a creditor in the bala￿e sheet
Flxed assets
Tongiblefixed ossets
Consecrated and beneffted property of any kind ￿ excluded from the accounts by s.IIM21 of the tharities Act 2011.
Movable church furnishing held bythe WKar and Church¥Ydrdens on special tru5tforthe PCC and which require a faculty
for disposal, are ￿COunted as inalienable property unles5 COn5ecrated. They are listed in the church's inventory which can be
inspetted but are not Included in the financial statements. For other property acouired prior to 1980 there is insuffKient cost
infomiation available and therefore the cost of such assets is stated at a nominal £1 ITh the fiThanual staternents
All expendtture on consecrated or beneficed buildin8$ and individual iteff6 costitvJ under £l.000 are written off in the year
they were incurred
Deprecit7tion
Depreciation i% cakulated to wrrte down the cost of tsn8ible fixed assets, exdudin8 freehold properties, overthelr
expected useful lives. The rates generalty applicable aTe'.
Land
6uildin8s
Office equipment
2S%
No depreciation is provided on freehold buildings as the useful economic life of these assets exceeds 50 year5 and residual
values 50 high that potential depreciaknon would be immaterial. ￿ s the PCCS polKy to maintain these assets in
continual state of Sound repair. Resultingfrom re8ular impaimient wiew5. prOvis￿n will be made rfthere has been any
permanent diminutw in value
Investments
Inve5trnents art ststed at market value at the balance sheet date
Current A55ets
Amounts owin810 the PCC & 31 Llecember in respect offees, rents orother In(off￿ are shown a debtors. less prow5ion
for amounts that may prove uncollectible
Short-terni deposits indude cash held on dep)sit either with the CBF (hurch of En￿and Funds, or at the bank.
ANNUAI FINANCIAL REPOR T

St Margaret's Church, Rottingdean
Notes to the Financial Report
registered charity number 1138715
2 Analysis of income and endowments
Restricted Endowed Tolal Fund5
2022
rotul Funds
2021 i Notes
Fund
Planned ￿¥[nE lexcl. tax refunds)
Planned 8lvin8 Ino tsx refitrKlsl
Loose cash collertlons
40.W2
•OW2
4J,609 1
1.725
1,725
2,920
2.469 1
JO,413
2,920
Church Development
Defibrillator
Headstones
2.188
Mission Fund
MuslcTheatre ProJert
GIftAld recoverable
6.￿5
2.275
97.771
8￿80
104,771
9,551
Legacles
Donatlons
178.641
23.162
24.662
8.350 '.
Grant5
275
11501
125
DOn￿On$ and leEades
£81189 £107.496
£189.685
E273.221
Fees for v4eddln8s & funeraLq
Church hire
9.172
9,172
10,790
2.784
2.784
8.788
Concerts and refreshments
Other income
152
Charttable actWs
£20396
flo￿#6
£10,790
Other trading artNltles
Bank & CBF deposit interest
CBF inve5tmentfund dNKlend
565
565
Imiesknnents
£565
£565
Other receipts
Totsi ineome and enth)wments on allfunds
£103.650
£107N96
£284,807 .
ANNUAL FINAP4CIAL REPOR T

St Margarevs Church, Rottingdean
Notes to the Financial Report
registered choritynumber1138715
3 Analysis of expendlture
Totsl Funds
ZOZ2
TDtolFtsnds ,
2021
Fw
Fund
spec￿71 appea￿ cosrs
Stewardship t05ts
Grants costs
InvestsrÈnt managementcosts
Other fundr3isin8 Costs
Costof ralsJnE funds
Charitsble Erants and donations
Dlocesan partsh share
c￿rgY5￿d other people's expenses
Salarfes and h￿Oraria incl. Nl
2,020
76.967
76,967
1157
74.3Ct71
4,313
3.157
Upkeep ofserwce5
Church runnin8 costs
Hall runningcosts
Church development projert
Church maintenance and repair
Upkeep of churchyard
Miscellaneous
6.913
6,913
10.tP34
7,67
94
1584
25.061
25.wl
31.290
4,420
9.170
9.170
4,964
5,454
ZB34
Insurance
L669
L669
J,619
Prlntin6 and stationery
Bank charges
Depreciation
Govemance
L782
1,782
1,349
299
362
36Z
362
li
L51
1.680
C05t of tharltablearttr4ltles
£ll3,696 £34,987
£148,693
E152.958
Costof other trodlngactbA¢les
Total evpendedonall ￿ndS
£113,696
£34,987
£148,f*93
£152,958
ANNUAL FINANCIAL REPOR T

St Margaret's Church, Rottingdean
Notes to the Financial Report
registered chorty number 1138715
4 Missionary and charitable gmng
Total Fwds
Totol Funds I
Fund
Notes
Home:
Rottingdean Sthool
RoyolBritish Legithi PopprfApi%
(WThe FencÉ
Voices in Exlle
zo
220
2.020
5 Staff costs
Unre5trfrted Restrkrnd Enth)wed Totsl Fwds ,. Tt*&lFunds
Fund
Fund
2021 i Ilotes
Remuneratlon
Woges ondsolories
Employersooolsecurity costs
Employerpension cosrs
6 Payments to PCC members
Other payments were made to PCC members in the year for reimbursement of expenses incurred on behalf of the
pcc..
al aergy support.. Counctl tax £2,653, Envimnmental charges £337. Travel, hospitaltty, postage, telephone £167
bl No other members received reimbursement for telephone. postage and travellirvg e¥pense5.
No person received rernuneration in excess of £fA).O(M).
7 Transactions with persons related to PCC members
There were no transactlons with persons related to PCC members in the year12021- none).
ANNUAL FIPIANCIAL REPOR T
81Page

St Margarevs Church, Rottingdean reg
Notes to the Financial Report
1Stered charity number1138715
8 Transactions with related charities
In the year ended 31 December 2022 there were no transactions with ￿lated ¢hartties12021-. None).
9 Governance
rotDIFunds
Fund
IndependerttAtsminoti¢
158)
8ookkeepino
560
S60
10 Transfers between funds
Endowed Totsi Funds
Fund
2022
Ttstol Funds
2021 Notes
Fund
Voriou5
052
16.0521
ANNUAL FINANCIAL REPOR T

St Margaret's Church, Rottingdean
Notes to the Financial Report
registered thurity number1138715
11 Fixed assets
a Investments
unre$trk￿ Restricted Endowed Tthl Funds
Fund
Fun
20ZI Notes
Mèrketvèltse lJanuary 2022
D15posals at rarryirqvalue
PurchasÈsat cost
19,178
2L216
Net 8ains and revaluatitr)
Maiket¥alue 31 Detember 2022
£￿,178
£21.216
b Tanglble flxed assets
Lathd
Totsl fixed
Cost or valyatlon
At l January 2022
AdditKJns
IM9
Di5P05H15
Revaluation
1185.cml
. | P85WII
At 31 Oecember 2022
Charge forlmpalrment
At lJanu3ry 2022
Charge for the year
Dlsposals
Revaluat￿
At 31 De£ember2022
Net book amounts
At 31 Decefflber 2022
At31 December2021
18S.¢
186.087
ANNUAL FINANCIAL REPORT
IOIPa£e

St Margarevs Church, Rottingdean reg
istered chortity number 1135715
Notes to the Financial Report
12 Fixed assets continued
The freehold land and buildings comprise The Cottage. The Green, Rottingdeaft. The historical cost of this property was
£185,0(XJ. The property was 501d in January 2022 for £788.527. realising a profft of £603.527.
13 Net assets by fund
Endty*ed Totsl F¥r
Totol Fvnd5
I I Plote$
Fund5
Fixed assets for churth ¥5e
715
In¥estmentffixed assets
19.178
.1
21.2J6
CurrentaSSÈts lexcept cashl
Cash at bank ark4 on depo&t
Cufrent liabilities
3.6S6
192.315
16.1541
1,656 1
LIOB.624 i
{￿137)1
1,219
256,838 ,'
110.9891
916.a09
16,0831
Lon8term liabilit*s
£￿542 £9M226
£19J78
£&119J46 .: £454,371
14 Debtors
Endowed
Fun
Total Futhds
TotoiFunds
2021 ' Ntstss
FuThd5
Gwt èld recoverab
3,353
3353 1
Cvstomericcounts
¥J3
Otherdebtor5
1,219
£1656
£3,656 j
£1,219
15 Creditors: amounts falling due within one year
Erthwed Totsl Futhds ;. TotolFund5
Fu
cruafsand defÈtsed income
Loan
Reading Room
Othercreditors
S￿10 i
2.080
403
1,909
f6.154
£10,989 1
ANNiJAL FINA14CIAL REPOR T

St Margaret's Church, Rottingdean
Notes to the Financial Report
registeredcharity number 1138715
16 Creditors: amounts falling due after one year
RestrKted l Endowed Tthl Fut)0s
zo
TotolFunés
2021 flotes
Funds
DÈFerred incorr
Accruals for utililies and othÈrt05ts
Arthdeacon'5 loin
Othercreditor5
17 Comparatives for the statement of financial activities
Fund
FUTr
Incomeantl endowments
from..
D0Tr3tionsand legades
Charitable activibes
72.167
20L054
273221 .
10.7
10.790
Other ttsding attNfties
Investments
796
Other rÈceipts
Total It)come
83.753
201,054
284007 .;
Expenthtrjre on..
Raising funds
Charit3ble artDltbe5
105,863
47A¥95
Other trading activities
Other expenditure
IOS.863
47m5
152.9
Net gain5 lor1055e51 on inve5trnents
Nei Intome or (net o%pendiivrel
IzLuoI
153J59
1¥9
TransfeT5 between funds
1211101
153959
I31￿49
Other recognised gaihslllossesl:
Galns/l1055esl on revaluati¢)n of fixed a55ets
Othergain51110s5es1
REconciliotion offuftds..
Net movement In lund$
7.198
9.746
114912)
153359
I41￿95
Tot31 fvnds brought for¥Yard
215,209
78m9
18.668
312.776 1
Total funds carl1￿ forward
21KI.297
231A58
Zl216
ANNUAL FINANCIAL REPOR T

St Margaret's Church, Rottingdean reg
istered cht7rity number 1138715
Notes to the Financial Report
18 Statement of funds
Explanation of funds
Endo*Ydfvnds ore requiredty the donors to be investedondrhe incomespentonspecffftobjertNes.
The Chancel, Graves and Coveney bequests are pern7ar￿nt endowments.
Re5trktedfvnds ore notinves1edperm0nentfyb￿ Gre to be spent within reosonuble timescules.
Ufftstrktedfvndsore not Subject toany donorrestrirtionsand cun bgspentus the Pccdecides.
Summary of all funds
Fund income and expenditure and final balances are as follows..
BabaKes
Translers
8alance5
other6aln5
cjfv
and losses 31 Dec 2022
ljan 2022
Chancel
1.703
268
1971
G18ves
4.449
15231
11,7831
3.926
Coveney
Totsl of all endowedfunds
21216
IU1381
19.278
Chu¥ch Ck)ck
11,(￿5)
164.183
L5
14351
L52S
Church Development
Colonel Jukes Churcktyard
Missien Fund
97.871
578.466
19.4361
14901
39.
266
30.510
2.250
&760
Mu&cal Theatre Proiett
Tower Restoration
418
11501
19.9781
2&642
20.789
T£￿ of811 restrkttd fund5
1&5221
GÈnÈral fund
2￿.297
103,210
11135421
11541
8.131
194096 .
3CQ
FloweTfund
14
Do5v4n3ted Fund
RevaluatKn Te5er¥e
Total olall unrestFltted
fvnd5
I(1)297 101650 lu3￿6}
194396
Totsl fwds
f454J71
£(4￿)
£1119.946
ANNUAL FINANCIAL REPOR T

Independent Examiner's Report
to the PCC of St Margaret's Church, Rottingdean
for the Year Ended 31st December 2022
This is my report to the Parochial Church Council of the Ecclesiastical Parish IPCCI of St Margaret, Rottingdean, on
the annual report for the year ended 31" December 2022 set out on pages I to 14.
Respertiye
re5pon5iblllties of The PCC membefs are responsible for the preparation of the annual reports. The PCC
trustees and examlner
members consider that an audit 15 not required for this year under section 144 of the
Charities Act 20111.the Charities Act-l and that an independent exarnination is
needed.
It is my responsibility to..
examine the account$ 5Jnder settion 145 of the Charities Act.
to follow the procedures laid down in the general Directions given by the
Charity Comrni55ion (under section 14515llbl of the Charities Act, and
to state whether particular matters have come to my attentlon.
Basis of Independent
examinerfs statement
My examination was carried out in accordan￿ with general Dirertions 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 reeords.
It also includes consideration of any unusual items or disclosures in the accounts and
seeking explanations from the trustees toncerning 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 account5 present a 'true and fair,
view and the report is limited to those matters set out in the statement below.
Independent
examlner's statemènt
In connertion with my examination, no matter has come to my attention-
which gives me reasonable cause to believe that in, any material respect, the
requirements..
to keep accounting records in accordance with section 130 of the
Charities Act; and
to prepare accounts which accord with the accounting records and
eornply with the accounting requirements of the Charities Act
have not been met,. or
to which. in my opinion, attention shtsu5d be drawn in order to enable a proper
understandin8 of the accounts to be reached.
Examinerfs slgnature
Examlnerfs name CAPITALS
Philip Woodgate, FCCA
Date
Relevant professlonal
qualificationlsl or bodv
ACCA
Examlnevs address
Unit 43, Newhaven Enterprise Centre, Newhaven, BN9 98A
ANNUAL FINANCIAL REPOR T