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2023-12-31-accounts

Administrative
information
Administrative
information
Administrative
information
The parish isa charity registered with the Charity Commission
as required
by the Charities act 2011.Its governing
document
isthe
Parochial Church Councils (Powers) Measure 1956.The "Parochial Church Council ofthe Ecclesiastical
Parish ofStMatthew StLeonards-on-sea"
is registered
as Charity No. 1139019
During the year the following served as members ofthe Parochial Church Council (PCC):
Minister &Chairman Revd. Matthew Foy
Church Wardens Mrs Shirley Coulthard
Mr Nigel Brett
Representatives on the Deanery Synod
Mr Tom Morgan (until the APCM)
Mrs Shirley Coulthard (until the APCM)
Mr Malcolm Harris
Mrs Sarah Searle (from the APCM)
Miss Nicky Adams (&om the APCM)
Elected Members:
Mrs Heather Pain (until the APCM)
Mrs Sarah Searle (until the APCM)
Mr David Broome
Mr Timothy Blythe (from the APCM)
Mrs Catherine
Harvey
Mrs Alison Hodgkins
(from the APCM)
Mrs Margaret Lloyd Parish Safeguarding Officer
Dr Ben Masters-Stevens PCC Secretary
Mr Tom Morgan (from the APCM) Hon. Treasurer
Mrs Susan Rayner (until 8August 2023)
Mr Bob Tilley
Co-opted members Miss Nicky Adams (until the APCM)

Unrestricted Restricted Endowment TOTAL TOTAL
Funds Funds Funds Funds Funds
31.12.23 31.12.22
Income and Endowments from:
Donations attd Legacies 2a 56,542 67,136 123,678 80,558
Chari table Acti vi lies 2b 597 597 102
Other trading acti vities 2c 24,945 24,945 23,938
Investmenls 2d 1,155 1,155 482
Other Income 2e
Total incoming resources 83,239 67,136 150,375 105,080
Resources expended
Raising fimds 3a
Chart tabie Activities 3b 78,249 76,595 154,844 109,716
Other trading activities 3c 8,976 8,976 10,117
Total Resources expended 87,225 76,595 163,820 119,833
Net incoming (outgoing) resources (3,986) (9,459) (13,445) (14,753)
Other recognised
gains/losses
Gaim'(losses)
on revaluation
offired
assets
Gains'(losses)
on investment
assets 8 626 626 (888)
Net movement
offunds
(3,360) (9,459) (12,819) (15,641)
Total funds brought forward at 1st
January 2023 47,315 28,187 1,250 76,752 92,393
Total funds carried forward at 31st
December 2023 43,955 18,728 1,250 63,933 76,752

BALANCE S HEET AT3 1DECEMBER2023
Note 2022
Fixed Assets
Intangible
assets
Tangible fixed Assets &b 29,777 37,930
Heritage Assets
Investment
Assets
8a 7/79 6 653
Total fixed assets 37,056 44,583
Current Assets
Stock
Debtors 3,587 3/43
Short Term Deposits 21,670 21,670
Cash at Bank and in hand 32,153 15520
Total current assets 57410 40,433
Liabilites
Creditors: amounts lulling due within one year 11 30,533
Net current assets 26,877 32,169
Total assets less current liabilities 63,933 76752
FUNDS
Unrestricted
funds
13 43,955 47,315
Restricted
funds
13 18,728 28,187
Endowment
funds
13 1/50 1,250
63,933 76752

2 INCOMING RESOURCES
Unrestricted Restricted Endowment Total Funds
Funds Funds Funds 2023 2022
2 Analysis ofincome and endowments
2a Donations and Legacies
Planned Giving (excl tax refunds) 29,945 29,945 27,712
Planned Giving (no tax refunds) 9,489 9,489 8,672
Loose cash collections 3,332 121 3,453 1,709
GiA Days 1,160 1,160 3,417
Sundry donations
and appeals
3,981 37,827 41,808 12,811
Income Tax Recoverable 7,642 8,528 16,170 9,437
Grants 2,153 19,500 21,653 16,800
Legacies
56,542 67,136 123,678 80,558
2b Charitable
Activities
Fees from weddings etc 597 597 102
597 597 102
2c Other trading activities
Fund raising events
Church Centre Lettings 14,771 14,771 15,020
Rent from letting parish house 10,174 10,174 8,868
Bookstall 50
24,945 24,945 23,938
2d Investments
Dividends
on CBFInvestment
fund 199 l99 198
CBFdeposit interest 956 956 284
1,155 1,155 482
2e Other Income
insurance
claims
Tfalmng course fccclpts
TOTAL INCOMING RESO CES 83,239 67,136 150,375 105,080

NOTES TO T HE FINANCIAL S TATEMENTS FORT
CONTINUED
HE YEAR EN DED 31DECE MBER 2023
Unrestricted Restricted Endowment Total Funds
Funds Funds Funds 2023 2022
f.
3a Raising fuads
Special appeal costs
Fund-raising
events
Stewardship
costs
3b Charitable
Activities
Missionary
and charitable giving:
537 1,544 2,081 4,067
Ministry costs
Diocesan Parish Share 38,500 38,500 38,000
Other clergy costs 2,858 2,858 3,136
Salaries and honoria 12,646 28,365 41,011 38,125
Church running
expenses
9,228 9,228 8,683
Church Maintenance/Improvements 10,431 45,643 56,074 13,836
Bookstall
Training
and Mission
443 443 778
Upkeep ofservices 875 875 530
Upkeep ofchurch grounds 127 127 137
Children
and Youth Work
1,049 1,043 2,092 1,155
Bank Charges 15 15 15
Governance - see note 6 1,540 1,540 1,254
78,249 76,595 154,844 109,716
3c Other trading activities
Church Centre Hiring Costs
Church Centre Running Costs 8,976 8,976 10,068
Bookstall costs 49
Other Trading costs
8,976 8,976 10,117
TOTAL RESOURCES EXPENDED 87,225 76,595 163,820 119,833

Unrestricted Endowment Total Funds
Funds Funds 2023 2022
E E E
4 Missionary
and charitable
giving:
Overseas
Tear Fund 461 1,069
Stroke Association
Hastings Foodbank
Barnabas Fund
Charles Semwaga 460 460 1,034
Home
Simeons' Trustees
London City Mission, 460 460
Becontree Church 1,034
St Michael's Hospice
Evangelical
Auiance
100 100
Donations to Church Schools
Cluistimts
Against Poverty
437 163
Snowflake Trust (winter night shelter)
School Christmas
Services
Friends ofConquest Hospital
Sussex Gospel Partnership 250
Bishop ofChichestcr Discretionary Fund 35
Church together in Hastings and St Leonards
537 1,544 2,081 4,067
5 Staif Costs
a Wages rmd Salaries
Caretaker/Cleaner 4,003 4,003 3,987
~trator 8,056 8,056 7,472
Organists
Social Security costs 587 7,279 7,866 6,461
Fmnilies and Youth Pastor 21.086 21,086 20,205
12,646 28.365 41.011 38125

Unrestricted Unrestricted Unrestricted Restricted Endowment Endowment Total Funds
Funds Funds Funds 2023 2022
f f f
8 Fhed Assets
a Investments
Mart6W value 1stJanuary 2023 6,653 6,653 7,541
Dispoals at carrying value
Purchases at cost
Nct gams and revaluation
Market value 31stDecmber
2023 626
7/79
626
~9
~633
Holdmgs
at 31stDecember
2023-322 shares in the CBFChurch ofEngland Investment Fund
Freehold Land Auidio visual OAicc Total fivcd
Cost orvaluation And Buildings
f
Equipmentf Equipment f
At 1stJanuary 2023 26,319 38,923 65/42
Additions
Disposals
Revaluation
At 31stDecember 2023 26,319 38,923 65342
Depseehttton
At 1st January 2023 27,312 27/12
Provided in the year 8,152 8,152
Disposals
At 31stDecember 2023 35,465 35.465
Net book amounts
At 31stDecember 2023 26,319 3,459 29.778
At 31stDecember2022 26,319 11,611 37,930
The Freehold hmd snd buildings comprise the house at 98Sodlescombe Garden, StLeonardswn-sea. For accounting purposes, the historical
costofthis property isdccmcd to be its original cost which has not been updated.
Church Equipmcnt
comprises
the vddeo system, the electrontc piano and other audio equipment
c Heritage Assets None
9 Analysis ofcash and cash equtvtdents Total Funds Total Funds
2023 2022
f f
Cash in hand 32,153 15/20
Notice deposits (less than 3 months) 21,670 21,670
Overdn4
facility
53,823 37,190

Unrestricted Restricted Endowment Total Funds Total Funds
Funds Funds Funds 2023 2022
10 Debtors
Income Tax Recoverable 2,032 411 2,443 2,267
Prepayments
and Accrued Interest
1,144 1144 976
Other Debtors
3,176 411 3587 3,243
11 Creditors
Amounts falling due within one year
Delerred Income
Accruals ofutility and other costs 12,310 12,310 8,164
Creditors forgoods and services 333 17570 17,903
Other cteditors 320 320 100
12,963 17,570 30,533
12 Creditors
amounts falling due after more than one year
Dcfcncd Income
Accruals ofutility and other costs
Creditors forgoods and services
Other creditors
STMATTHEWS CHURCH PAROCHIAL CHURCH PAROCHIAL CHURCH COUNCIL CHURCH COUNCIL
NOTES TO THE FINANCIAL STATEMENTS FORTHE YEAR ENDED 31DECEMBER 2023
13 Statement ofFunds 2023 Transfers,
Bal b/fwd
1st
other gains Bal c/fwd 31st
Jan 2023 Income Expenditure and losses Dec2023
Unrestricted
Funds
General fund 46,389 82,368 (86.230) 626 43.153
Buildings/Fabric
fund - designated
Equipmcat
/ Improvements
-designated
Children
and Youth Work
- designated 926 871 (995)
47,315 83/39 (87,225) 626 43,955
Restricted Funds
Buildings/Fabric
fund
4,325 36,]65 (37,490) 39000
Equipment/
Improvements
fund 11,858 ($.153) 3,705
Families and Youth Fuml 11.841 29,440 (29,408) 11,873
Mission Gift Day 1,381 (1.381)
Other Restricted Collections 163 150 (163) 150
28.187 67.136 (76.595) 18.728
Endowment
Fund
C.L.Cleaver bequest 1,250 1.250
The Endowment
fund consists ofaf1,250legacy
from C.L.Cleaver which was received in 1976. The capital is not to be spent but the
income isto be used to meet normal Expenditure.
Statement ofFunds 2022 Transfers,
Balb/fwd
1st
other gains Bal c/fwd 31st
Jan 2022 Income Expenditure and losses Dec 2022
Unrestricted
Funds
General fund 41,815 759424 (80,144) 9394 469389
Buildings/Fabric
fund - designated
1,897 (1,897)
Equipment
/ Improvements
-designated ASS (8,285)
Children
and Youth Work
- designated 1,308 (382) 926
51.997 76.732 (80.526) (888) 47.315
Restricted Funds
Buimings/Fabric
fund
1.325 3.000 4,325
Equipment/
Improvements
full 20,299 655 (9,096) 11,$58
Families and Youth Pastor fund 17.295 20.940 (26.394) 11,841
Mission Gilt Day 3,520 (3.520)
Other Restricted Collections 227 233 (297) 163
39,349 28,34$ (39,307) 28,187
Endowment
Fund
C.L.Clcavcr bcqucst 1,250 1,250
14 Analysis ofNet assets by fund Unrestricted Restricted Endowment Total Funds Total Funds
Funds Funds f Funds f f 2023 2022
f
Fixed Assets for Church use 29,777 29,777 37,930
investment
Fixed Assets
7.279 7279 6,653
Culrcm assets 37.432 18,728 1,250 57,410 409433
Current Liabilities (30.533) (30,533) (8.264)
Fund Balance 43,955 18,728 1,250 63,933 76,752